Tuesday, October 25, 2011


Nature Morte aux Trois Chiots, Paul Gauguin
via:

Fishy Business

by Brian Hartman, ABC News

A new investigation provides fresh evidence that restaurants and markets continue to dupe seafood lovers into paying top dollar for low-grade fish.

As part of a special “Fishy Business” series, the Boston Globe spent five months buying fish from dozens of establishments throughout Massachusetts and sending the samples off to a lab in Canada. DNA tests found 48 percent of the fish had been mislabeled as a more expensive type of fish.

Fish samples were gathered from 134 restaurants, grocery stores and seafood markets, and the results were staggering.  Every one of 23 white tuna samples tested turned out to be something other than tuna. In most cases the fish labeled tuna was escolar, which the Globe said was “nicknamed the Ex-Lax of fish by some in the industry for the digestion problems it can cause.”

All but two of the 26 red snapper samples were another kind of fish, the Globe reported. That came as no surprise to Cape Cod fisherman Eric Hesse, who was quoted in the report.

“Mislabeling fish is at a ridiculous level,” said Hesse. “The dealers and restaurants have a vested interest in keeping the illusion going. Every time they can say they are selling fresh, local fish and get away with selling [Pacific] frozen, they don’t have to buy it from us. It kills us.”

The problem extends far beyond Boston and affects consumers nationwide. Earlier this year, ABC News correspondent Elisabeth Leamy reported that seafood may be mislabeled as often as 70 percent of the time.

“According to Food and Drug Administration port inspections,” Leamys said. “A third of seafood sold in the U.S. is mislabeled as one type when it’s actually something else, even something cheaper.”  (...)

“American consumers would be outraged if they ordered roast beef and they got horse meat or God forbid, whale meat,” Michael Hirshfield, a chief scientist at Oceana, told Leamy. “They should be outraged if they order snapper and they get tilapia or some endangered species.”

Read more:

Inteview: Keith Richards

by Chris Heath, GQ

He sits on a sofa, sipping from a plastic cup, answering a few questions about the life—"I've led so many lives....Which life are you talking about?"—that has led him here.

What remains for you to achieve?

"I've never tried to achieve anything. I achieved everything I wanted to achieve by being in the Rolling Stones and making records. That was the only real goal in my life, ever, but since that happened so quickly, like a laser beam...I think the next goal was not to become one-hit wonders. I mean, after that, no real goal, except to sort of keep on going. I mean, what does an entertainer do, basically? You get onstage and make other people feel happy. Make them feel good. Turn them on."

Is that the word you prefer? "Entertainer" more than "musician"?

"I wouldn't want to impress them with musicianship. I want them there because they want to be there and because they know that they're going to have a damn good time. I wouldn't take it any higher than that."

And what's the joy or fulfilment in achieving that?

"Well, you'd have to be there, pal. To know what it's like to be on a Stones stage with an audience. The exchange of energy that goes on. It's immeasurable. In fact they don't have meters to do it."

What does physically making music give to you?

"Well, it's better than drugs."

People may listen to that, coming from you.

"And the fact that I've written a lot of music on drugs doesn't negate that statement. I mean, give me a guitar, give me a piano, give me a broom and string, I wouldn't get bored anywhere. I could break out of jail on that stuff and still be in jail. It's a freedom nobody can take from you."

Is there anything you still need to prove?

"To prove? I was innocent! Of everything!"

Richards likes to play guitar every single day. Maybe an hour or so. "Afternoons, evenings. Pick around, play some Robert Johnson blues, hopefully make an incredible beautiful mistake which will lead me into another area. I do it for me. You know, I'm a selfish son of a bitch. I do it because it turns me on." (As for the mornings...here's more than you wanted to know about how each bright new twenty-first-century-Keith-Richards day begins: "First we have the bowel movement. Cool, that's that out of the way. Seen a friend off to the coast. And then you see what's on the agenda....")

It's a routine (the guitar playing, not the other one) that was disrupted while he was working on his million-selling autobiography, Life. "I hardly played at all for two years," he says. After our conversation, he is due in the studio with drummer Steve Jordan, his partner in his sometime other band, the X-Pensive Winos. "I'm sort of basically recovering from the book, and this is my therapy at the moment," he explains. "In the process of doing it, my chops are coming back." So far, they've got six songs that may or may not turn into an album. "Songwriting's a weird game. I never intended to become one—I fell into this by mistake, and I can't get out of it. It fascinates me. I like to point out the rawer points of life." That chuckle. "I work the seamier side of life."

And, I note, it's been good to him.

He nods. A sly grin. "There's a lot of seam," he says.
Photos: Mark Seliger

The Complicated Psychology of Revenge

by Eric Jaffe, Observer

A few years ago a group of Swiss researchers scanned the brains of people who had been wronged during an economic exchange game. These people had trusted their partners to split a pot of money with them, only to find that the partners had chosen to keep the loot for themselves. The researchers then gave the people a chance to punish their greedy partners, and for a full minute, as the victims contemplated revenge, the activity in their brains was recorded. The decision caused a rush of neural activity in the caudate nucleus, an area of the brain known to process rewards (in previous work, the caudate has delighted in cocaine and nicotine use). The findings, published in a 2004 issue of Science, gave physiological confirmation to what the scorned have been saying for years: Revenge is sweet.

A thirst for vengeance is nothing if not timeless. It is as classic as Homer and Hamlet, and as contemporary as Don Corleone and Quentin Tarantino; as old as the eyes and teeth traded in the Bible, and as fresh as the raid that took the life of Osama bin Laden. But while the idea of revenge is no doubt delectable — the very phrase “just desserts” promises a treat — much of its sugar is confined to the coating. The actual execution of revenge carries a bitter cost of time, emotional and physical energy, and even lives. That minute before revenge is savory, as the authors of the Science study recognized; but what about the days and weeks that follow?

In the past few years, psychological scientists have discovered many ways in which the practice of revenge fails to fulfill its sweet expectations. Behavioral scientists have observed that instead of quenching hostility, revenge can prolong the unpleasantness of the original offense and that merely bringing harm upon an offender is not enough to satisfy a person’s vengeful spirit. They have also found that instead of delivering justice, revenge often creates only a cycle of retaliation, in part because one person’s moral equilibrium rarely aligns with another’s. The upshot of these insights is a better sense of why the pursuit of revenge has persisted through the ages, despite tasting a lot more sour than advertised.

Read more:

Monday, October 24, 2011

WAR



Desert on Flickr, by ArcHelen.
via:

MERS

[ed.  President Obama proposed today to help hundreds of thousands of homeowners refinance their mortgages at a better interest rate.  But, as always, there might be a little devil in the details.  If you're unfamiliar with MERS, read on and reflect on all the ways bankers have gamed the system.]

by NY Times

The Mortgage Electronic Registration System, or MERS, is owned by banks and mortgage finance firms. It was created during the housing boom to smooth the process of turning mortgages into complex securities -- and to allow lenders to avoid paying registration fees to counties each time the mortgage changed hands. It is the nation's largest electronic mortgage tracking system.

In the fall of 2010, as evidence mounted that many foreclosures may have been mishandled, the system was faulted for sloppiness and questions were raised about whether it was used to sidestep legal requirements. The rising calls for halts to foreclosures suggested that the new approach could in fact have created huge new vulnerabilities for lenders.

In October, on the same day that all 50 state attorneys general announced that they would investigate foreclosure practices, JPMorgan Chase & Company became the first big lender to acknowledge that it had stopped using MERS for foreclosures.

The registration system is an electronic database meant to replace the reams of paper that were once the cornerstone of the residential mortgage market. The registry was also meant to eliminate the need to record changes in property ownership in local land records.

About 60 percent of mortgages in this country show up in local records as being owned by the service. In fact, none are owned by MERS. It was created to act as an agent for others, whether banks or securitization trusts, which own the actual mortgages -- an arrangement that lawyers for homeowners and some judges have called into question.

For centuries, when a property changed hands, the transaction was submitted to county clerks who recorded it and filed it away. These records ensured that the history of a property’s ownership was complete and that the priority of multiple liens placed on the property — a mortgage and a home equity loan, for example — was accurate.

During the mortgage lending spree, however, home loans changed hands constantly. Those that ended up packaged inside of mortgage pools, for instance, were often involved in a dizzying series of transactions. So to avoid the costs and complexity of tracking all these exchanges, Fannie Mae, Freddie Mac and the mortgage industry set up MERS to record loan assignments electronically. This company didn’t own the mortgages it registered, but it was listed in public records either as a nominee for the actual owner of the note or as the original mortgage holder.


Norbert Prangenberg. Bild Pinoccio. 2009
Óleo sobre cartón.
via:

Jon Herington (Steely Dan)


by Fretboard Journal

For the last decade or so, Jon Herington has been playing alongside Donald Fagan and Walter Becker at Steely Dan tour stops. Night after night, he's performing some of the most complicated arrangements ever crafted for pop music, playing parts originally forged into our memories by guitar legends such as Jeff "Skunk" Baxter and Larry Carlton. Yet, as anyone who has caught Steely Dan recently can attest, Herington is living up to this monumental task. The NYC-based musician, who also plays alongside Madeleine Peyroux and has his own solo career, made time to talk to the Fretboard Journal before his recent Seattle tour date. Look for a longer piece with Herrington in a forthcoming Journal.
 
FJ: Steely Dan must have one of the more fanatical fan bases around. And every night, you're asked to play on these incredibly complex tunes that the fans have committed to memory, both note and tone-wise. How do you approach a gig like that?
 
JH: I certainly don’t try all the time to get the sounds that are on the records. For one, it would be really difficult to do. But I often will go for something sort of similar, just because it does seem like what the tune calls for, often. For instance, on "Peg," it would probably sound a little odd not to use a sort of cranked up sound that has some sustain and distortion.  (...)
 
The challenge with this gig is to find a way to keep the level of quality of the playing -- the soloing -- up high, because the records are so great that way. Also, to make sure there’s room for me to do something that’s fresh and spontaneous and not feel locked in to repeating myself all the time. People know the guitar solos on the records better than I do sometimes.

Read more:


The New Parents' Guide To Car Shopping

by Jon Methven, The Awl

click for larger graphic
More Charts:

Droning On

by Sam Biddle, Gizmodo

Today, our president said every soldier in Iraq is coming home, leading many to believe The War Is Over. Except it's not. Getting humans out of there is great, but the fact is war today doesn't need humans at all.

The recently-ended Libyan war is the perfect example of why soldiers aren't requisite for warfare, and why boots off the ground don't mean much anymore. The rebel ground campaign was the majority of the war, but the aerial minority made revolution possible. The US had neither the support nor the means to invade Libya. It would've been both a political and military blunder. So we had robots do the work for us—and it worked, perfectly. Qaddafi's air defenses and armor were obliterated from control rooms a world away. And this same drone aegis has no reason to leave Iraq—the war in the sky will continue indefinitely, and invisibly.

In Virginia and secret bases throughout Afghanistan and Pakistan, the CIA controls a fleet of MQ-1 Predator and MQ-9 Reaper drones, capable of nailing targets with hundred pound Hellfire missiles as they buzz along near-silently overhead. It's a power unprecedented in the history of blowing thing sup, and not one the CIA is going to relinquish. The fleet isn't accountable to the public. As the Washington Post reported earlier this year, "The CIA doesn't officially acknowledge the drone program, let alone provide public explanation about who shoots and who dies, and by what rules." And given the agency's explosion of counter-terror operators, laboring to dig up "targeting" data and pulling triggers, the agency has every reason to stay aloft in Iraq. "Presumably, we're finding people to blow up in Yemen," agrees defense think tank GlobalSecurity's John Pike, "so [from the CIA's perspective] there will be some who need to be blown up in Iraq." Pike, who has testified before Congress in matters of national defense and collaborated with NASA, knows drones. And he doesn't think they're going anywhere.

"UAVs provide a persistent surveillance capability that satellites do not," Pike explains, giving the government more reason to keep them flying over Baghdad long after american soldiers have been shipped home. The war on terror is indefinite and sprawling, with every inch of the globe a potential target. The near future of Iraq—especially post-occupation—will be a shaky one. The CIA doesn't want shaky futures. "Any area where we feel the government doesn't have effective control of its territory, and [it] can't be solved via law enforcement—that's why we have drones." Iraq has no air force. Iraq's ability to prevent itself from harboring enemies of the CIA is dubious. This gives America's drone fleet a self-justification to fly ad infinitum, and for a smaller war of distant humming and craters to continue as long as the CIA wants.

So how will we ever know when we continue attacks inside Iraq? We won't—except "the people who get blown up. And even they won't know what happened," says Pike.

via:
Photo by USAF

Seasonal Investing

by Barry Ritholtz, The Big Picture

Let’s take a quick look at the history off the seasonal advantages. “The Best Six Months of the Year” was first described by Yale Hirsch in Stock Traders Almanac decades ago. The historical chart below via Investech Research reveals the surprising degree of seasonality for investors, going back 50 years.

Here are the specifics of seasonality: Imagine we start with two $10,000 accounts, and use them to make investments in an S&P 500 Index fund. One account invests in one 6-month period, the other invests in the remaining 6-month period. Account A is invested from November 1st through April 30th each year, while Account B is invested from May 1st through October 31st.

Here are the numbers:
• Account A portfolio grew from $10,000 to over $438,967. That is a 42-fold increase.
• Account B portfolio barely doubled to $22,659.
By selecting the seasonally strong period from November through April, you capture 97.1% of the available performance over the past 52 years. (Note the November-April seasonality fared poorly in 2007 and 2008).


Source:InvesTech Research, October 21, 2011
Technical and Monetary Investment Analysis, Vol11 Iss11

via:

Happy Birthday iPod!

Daniel J. Levitin, a neuroscientist at McGill University, is the author of “This Is Your Brain on Music: The Science of a Human Obsession.”

Oct. 23 is the 10th anniversary of the iPod. Daniel Levitin reflects on the little gizmo and the many ways it has changed our lives — and the way we listen.  via: NY Times
 
Has the iPod brought more music — more rhythm — into our lives?

Yes. The average 12-year-old can hold in her hand more songs than my great-grandfather would have heard in his entire lifetime. Also, digital music is a great democratizing force for musicians. They no longer have to go through the narrow turnstile of record companies.
 
Does listening to music through headphones — rather than loudspeakers — affect what we hear?

Headphones potentially offer greater clarity, but at the loss of power and low bass response. Another difference with headphones — a team of researchers in Britain just reported that using headphones reduces your sense of personal space on subways: you’re willing to let someone stand closer to you if you’ve got your tunes playing.
 
Does listening to an iPod affect your hearing?

Adolescents routinely listen to their iPods at levels exceeding 95 to 100 decibels. That’s about the same loudness you’d hear standing near the tarmac as a 747 takes off. The National Institute for Occupational Safety and Health allows only eight hours a day of 85 decibels in the workplace; more than that, you’re going to damage your hearing. The hair cells in the ear are very delicate. Once damaged, they usually don’t recover.
 
Is iPod sound quality better or worse than a basic home stereo system?

Worse. The MP3 standard ruined high fidelity. It’s possible to upload CD-quality onto the iPod. But most people opt for the default, lousy quality of MP3 and M4A compression. An entire generation has grown up never knowing high fidelity, never hearing what the artists heard in the studio when they were recording. This is a real shame.
 
In your book “This Is Your Brain on Music,” you say music works like a drug. Say more.

Listening to music with others causes the release of oxytocin, a chemical associated with feelings of trust and bonding. That’s partly why music listeners become so connected to the artists they like. Plus, the nucleus accumbens — the brain’s well-known pleasure center — modulates levels of dopamine, the so-called feel-good hormone. (This same brain structure is active when people have sex, or when cocaine addicts take cocaine.)
 
Can music have mood-altering effects?

Lots of people use music for emotional regulation. It’s similar to the way people use drugs such as caffeine and alcohol: they play a certain kind of music to help get them going in the morning, another kind to unwind after work. Brain surgeons perform their most concentration-intensive procedures while music plays in the background.
 
iPods change the way we “share” music. For one thing, we don’t listen together. So?

Music listening used to be an activity that we did with great ceremony. We’d invite friends over and sit down, pass the album cover around, study the artwork. And when the record started, we’d listen intently together and do nothing else. In short: music listening was deeply social. The iPod has turned music listening into a mostly solitary experience.
 
Read more:

Washington