Wednesday, November 30, 2011

It Could Be Old Age, or It Could Be Low B12

Ilsa Katz was 85 when her daughter, Vivian Atkins, first noticed that her mother was becoming increasingly confused.

“She couldn’t remember names, where she’d been or what she’d done that day,” Ms. Atkins recalled in an interview. “Initially, I was not too worried. I thought it was part of normal aging. But over time, the confusion and memory problems became more severe and more frequent.”

Her mother couldn’t remember the names of close relatives or what day it was. She thought she was going to work or needed to go downtown, which she never did. And she was often agitated.

A workup at a memory clinic resulted in a diagnosis of early Alzheimer’s disease, and Ms. Katz was prescribed Aricept, which Ms. Atkins said seemed to make matters worse. But the clinic also tested Ms. Katz’s blood level of vitamin B12. It was well below normal, and her doctor thought that could be contributing to her symptoms. (...)

B12 is an essential vitamin with roles throughout the body. It is needed for the development and maintenance of a healthy nervous system, the production of DNA and formation of red blood cells.

A severe B12 deficiency results in anemia, which can be picked up by an ordinary blood test. But the less dramatic symptoms of a B12 deficiency may include muscle weakness, fatigue, shakiness, unsteady gait, incontinence, low blood pressure, depression and other mood disorders, and cognitive problems like poor memory. (...)

In its natural form, B12 is present in significant amounts only in animal foods, most prominently in liver (83 micrograms in a 3.5-ounce serving). Good food sources include other red meats, turkey, fish and shellfish. Lesser amounts of the vitamin are present in dairy products, eggs and chicken.

by Jane E. Brody, NY Times |  Continue reading:
Illustration: Yvetta Fedorova

What's a Swap Line?

[ed.  Article from Sept. 2008 explaining swap lines, the transactions that are central to the coordinated efforts lifting markets today (along with China's easing of reserve ratios).  Other than noting the date of this article and reflecting on how well this worked out last time, what is this likely to accomplish?  Hard to say, it will certainly inject more dollars into the Eurozone and increase liquidity thereby (hopefully) freeing up lending, but the problem is not so much liquidity as debt, and possible insolvency.  Lack of liquidity is a function of a lender's concern about the ability of a borrower to pay back their loans.  So, has this changed anything?  Only that risk has now been transfered from individual banks to a new set of lenders - the Fed and Central banks around the world as they throw money at the crisis and hope something sticks.  At least that's my take on it.  We're still very far from seeing the edge of the woods, let alone being out of it.]

*****

This morning the Federal Open Market Committee (FOMC) authorized a $180 billion expansion of its temporary reciprocal currency arrangements (swap lines). According to the Fed’s press release, the changes allow for “increases in the existing swap lines with the ECB and the Swiss National Bank” and for “new swap facilities…with the Bank of Japan, the Bank of England, and the Bank of Canada.”

“These measures…are designed to improve the liquidity conditions in global financial markets,” the release continued.

What did the Fed do and how will this action address some of the strain in liquidity conditions that recently have emerged?

A good place to start is by looking at what, exactly, a currency swap line is. A currency swap is a transaction where two parties exchange an agreed amount of two currencies while at the same time agreeing to unwind the currency exchange at a future date.

Consider this example. Today the Fed initiated a $40 billion swap line with the Bank of England (BOE), meaning that the BOE will receive $40 billion U.S. dollars and the Fed will receive an implied £22 billion (using yesterday’s USD/GBP exchange rate of 1.8173).

Currency Swap:
Figure 1

An underlying aspect of a currency swap is that banks (and businesses) around the world have assets and liabilities not only in their home currency, but also in dollars. Thus, banks in England need funding in U.S. dollars as well as in pounds.

by Mike Hammill, Federal Reserve Bank Atlanta (2008) |  Continue reading:

Tuesday, November 29, 2011

Current Events: National Defense Authorization Act (NDAA)

[ed. Yeah, because Guantanamo worked out so well.  And Manzanar.  For background on this egregious bill read this.  I don't know how Congress found the time to divert their attention from pimping copyright law in favor of media conglomerates, but I'm beginning to believe EVERYTHING they do will always end up worse than the status quo (which is already bad, for the same reason).]

Today, the Senate voted 37-61 to reject an important amendment to the National Defense Authorization Act (NDAA) that would have removed harmful provisions authorizing the U.S. military to pick up and imprison without charge or trial civilians, including American citizens, anywhere in the world [ed. including America]. The amendment offered by Sen. Mark Udall (D-Colo.), would have replaced those provisions with a requirement for an orderly congressional review of detention power.

The Secretary of Defense, the Director of National Intelligence, the Director of the FBI and the head of the Justice Department’s National Security Division have all said that the indefinite detention provisions in the NDAA are harmful and counterproductive, and the White House has issued a veto threat over the provisions. We’re disappointed that, despite robust opposition to the harmful detention legislation from virtually the entire national security leadership of the government, the Senate said ‘no’ to the Udall amendment and ‘yes’ to indefinite detention without charge or trial.

The next opportunity to remove the harmful detention provisions from the bill will be when House and Senate conferees meet in conference committee next week.

If the conference committee fails to remove the detention provisions, President Obama should follow through with his veto threat. Today’s vote on the Udall amendment shows there’s more than enough opposition to these provisions to sustain a veto. Stay tuned for more information.

by Ategah Khaki, ACLU

[ed.  Oh man, I would love to have a pair of these.  Especially if they were like real bamboo or something, and didn't cost more than $11.95.  Sunglasses and hats, my weaknesses (I don't look good in either, but keep hoping).]
via:

The FBI Plot Against "Louie Louie"


In the winter of 1963-64, a team of FBI agents spent their days hunched over portable record players, struggling to decode a message that threatened the morality of America’s youth. It wasn’t from the Russians or Castro, but a band of white-bread Portland teenagers called The Kingsmen.

“J. Edgar Hoover felt we were corrupting the moral fiber of America’s youth,” Mike Mitchell, guitarist and founding member of The Kingsmen, tells me. “The FBI guys came to our shows, and they’d stand next to the speakers to see if we were singing anything off-color. It was a different time.”

“’Louie Louie’ was kept out of the Number One spot on the charts by the Singing Nun,” recalls Kingsmen keyboardist Don Gallucci. “That ought to tell you the mentality of the country back then. I thought, ‘Gee, I know the lyrics. What’s the deal?’ It never occurred to me how repressed teenagers were sexually. They were hearing all this stuff in the song. That was the state of America. The genie was getting out of the bottle.”

by Bill DeMain, Mental Floss |  Continue reading:

The Inventor in Hollywood

Imagine that, on Sept. 12, 2001, an outraged Angelina Jolie had pulled out a pad of paper and some drafting tools and, all on her own, designed a sophisticated new missile system to attack al-Qaida. Now imagine that the design proved so innovative that it transcended weapons technology, and sparked a revolution in communications technology over the next half-century.

Believe it or not, this essentially happened to Hedy Lamarr. Often proclaimed “the most beautiful woman in the world,” the 26-year-old Lamarr was thriving in Hollywood when, in mid-September 1940, Nazi U-boats hunted down and sank a cruise ship trying to evacuate 90 British schoolchildren to Canada. Seventy-seven drowned in the bleak north Atlantic. Lamarr, a Jewish immigrant from Nazi-occupied Austria, was horrified. She decided to fight back, but instead of the usual celebrity posturing, she sat down at a drafting table at home and sketched out a revolutionary radio guidance system for anti-submarine torpedoes.

This unlikely tale is the subject of Richard Rhodes’ new book, Hedy’s Folly. Compared to his other works, like the magisterial (and quite hefty) The Making of the Atomic Bomb, this book breezes by in 272 chatty pages. Rhodes succeeds in the most vital thing—capturing the spirit of a willful woman who wanted recognition for more than her pretty face—but he skims over the deeper questions that Lamarr’s life story raises about the nature of creative genius.

by Sam Kean, Slate |  Continue reading:
Photograph courtesy the New York Public Library for the Performing Arts.

The Xinjiang Procedure

Beijing's 'New Frontier' is ground zero for the organ harvesting of political prisoners.

To figure out what is taking place today in a closed society such as northwest China, sometimes you have to go back a decade, sometimes more.

Photo of Chinese Flag with surgical stitches in itOne clue might be found on a hilltop near southern Guangzhou, on a partly cloudy autumn day in 1991. A small medical team and a young doctor starting a practice in internal medicine had driven up from Sun Yat-sen Medical University in a van modified for surgery. Pulling in on bulldozed earth, they found a small fleet of similar vehicles—clean, white, with smoked glass windows and prominent red crosses on the side. The police had ordered the medical team to stay inside for their safety. Indeed, the view from the side window of lines of ditches—some filled in, others freshly dug—suggested that the hilltop had served as a killing ground for years.

Thirty-six scheduled executions would translate into 72 kidneys and corneas divided among the regional hospitals. Every van contained surgeons who could work fast: 15-30 minutes to extract. Drive back to the hospital. Transplant within six hours. Nothing fancy or experimental; execution would probably ruin the heart.
With the acceleration of Chinese medical expertise over the last decade, organs once considered scraps no longer went to waste. It wasn’t public knowledge exactly, but Chinese medical schools taught that many otherwise wicked criminals volunteered their organs as a final penance.

Right after the first shots the van door was thrust open and two men with white surgical coats thrown over their uniforms carried a body in, the head and feet still twitching slightly. The young doctor noted that the wound was on the right side of the chest as he had expected. When body #3 was laid down, he went to work.

by Ethan Gutmann, Weekly Standard |  Continue reading:

Moon at Matsushima
by Kawase Hasui, 1930
via:

Google Search Secrets


[ed.  Great resource, if I could just remember all these tricks.  Large infographic after the jump.]

Among certain circles (my family, some of my coworkers, etc.) I’m known for my Googling skills. I can find anything, anywhere, in no time flat. My Google-fu is a helpful skill, but not one that’s shrouded in too much mystery — I’ve just mastered some very helpful search tricks and shortcuts and learned to quickly identify the best info in a list of results.

Sadly, though web searches have become and integral part of the academic research landscape, the art of the Google search is an increasingly lost one. A recent study at Illinois Wesleyan University found that fewer than 25% of students could perform a “reasonably well-executed search.” Wrote researchers, “The majority of students — of all levels — exhibited significant difficulties that ranged across nearly every aspect of the search process.”

That search process also included determining when to rely on Google and when to utilize scholarly databases, but on a fundamental level, it appears that many people just don’t understand how to best find the information they seek using Google.

Thanks to the folks at HackCollege, a number of my “secrets” are out. The infographic below offers a helpful primer for how to best structure searches using advanced operators to more quickly and accurately drill down to the information you want. This is by no means an exhaustive list of search operators and advanced techniques, but it’s a good start that will help set you on the path to becoming a Google master.

by Josh Catone, Mashable |  Continue reading:

Casanova's Memoirs

Giacomo Girolamo Casanova was a gambler, swindler, diplomat, lawyer, soldier, alchemist, violinist, traveler, pleasure seeker and serial seducer.

He was also a prolific writer who documented his adventures and love affairs in a steamy memoir that is one of the literary treasures of the 18th century.

Born in Venice, he considered France his adopted country but was forced to flee Paris in 1760 after seducing the wives and daughters of important subjects of King Louis XV and cheating them out of their money.

Now Casanova is back in France, celebrated by the French state. The original manuscript of his memoirs, “The Story of My Life,” and other writings of his are on display for the first time at the National Library of France in the exhibition “Casanova — The Passion for Freedom.” He is even being called a feminist.

The story of how more than 3,700 pages of Casanova’s papers ended up in one of France’s most prestigious and proper institutions is one that Casanova himself would have loved.

He wrote the memoirs in the last years of his life. Just before his death at 73 in Bohemia in 1798, he bequeathed his papers to his nephew. In 1821 Friedrich Arnold Brockhaus, one of Germany’s most prominent publishers, acquired them from the nephew’s descendants. It was assumed in literary circles that the documents had been destroyed in the bombing of Dresden in World War II. But they were carried on a bike and hidden in a bank vault in Leipzig. An American military truck drove them to safety in Wiesbaden.

by Elaine Sciolino, NY Times |  Continue reading:
Photo: Emmanuel Ngyen Ngoc/Bibliotheque Nationale de France

Current Events: European Debt Crisis 'Metastasizing'

The three main gauges – M1, M2, and M3 – have each begun to decline in absolute terms after slowing sharply over the Autumn.

The broad M3 measure tracked closely by the European Central Bank as an early warning indicator shrank last month by €59bn to €9.78 trillion, a sign that Europe's long-feared credit squeeze is underway as banks retrench to meet tougher capital requirements.

"This is very worrying," said Tim Congdon from International Monetary Research. "What it shows is that the implosion of the banking system on the periphery is now outweighing any growth left in the core. We are seeing the destruction of money and it is a clear warning of serious trouble over the next six months."

"This is the first sign of an emerging credit crunch," said James Nixon from Societe Generale. Banks cut their balance sheets by €79bn in October, while mortage lending saw the biggest drop since December 2008.

Simon Ward from Henderson Global Investors said "narrow" M1 money – which includes cash and overnight deposits, and signals short-term spending plans – shows an alarming split between North and South.  (...)
 
The grim monetary data came as Moody's warned that Euroland's crisis is metastasising, with risks of a chain of sovereign bankruptcies unless Europe "acts quickly" to stop the rot. "The probability of multiple defaults by euro area countries is no longer negligible."

The agency said defaults would threaten to break up the euro itself. "Any multi-exit scenario would have negative repercussions for the credit standing of all euro area and EU sovereigns."

by Ambrose Evans-Pritchard, Telegraph |  Continue reading:

Monday, November 28, 2011

Leo Kottke



Paris (Paris) on Flickr by JulienB.
via:

Gyotaku

Alone at the Movies


For a year or two during the mid-1970s, living in New York, I was a moviegoer. I was in my early 20s then, working off and on, driving a cab, setting up the stage at rock shows, writing occasional pieces for The Village Voice. But there were also long empty spells. I tried to write some fiction and couldn’t, tried to read and could—but only for so long. I ended up going to the movies.

It was the right decade to be doing that. Martin Scorsese made Mean Streets, Alice Doesn’t Live Here Anymore, and Taxi Driver; Paul Schrader wrote and directed Blue Collar; and Robert Altman directed Brewster McCloud, The Long Goodbye, California Split, and Buffalo Bill and the Indians. The Godfather, both I and II, were news then. Woody Allen seemed to be bringing out something good every six months.

I can’t really tell you whether these movies summarized a national mood, but they summarized some moods of mine. Almost all of the movies conveyed a feeling of missed opportunities, of having been tossed out of the garden just before you came to know you’d been living in one. The only paradises, we’re told, are lost paradises, and I had recently left a couple of them. I’d made the mistake of graduating from the small, hyperexpensive college in Vermont that I’d attended on a massive scholarship. Bennington was full of gorgeous, smart, tightly wound women, in the proportion of three to every one male; the teachers were surpassingly hip; the Vermont green was seven versions of pastoral. Most of the students were rich—rich and a little loopy. Many were the youngest children of prosperous, prominent parents. But the kids often had been ignored by mom and dad, who were absorbed in making their dutiful ways through Alex Comfort’s Joy of Sex (second cousin to The Joy of Cooking) with each other and with neighbors and friends, praying that they hadn’t missed all the rapture that the ’60s had had to dispense.

My roommate spent eight years or so at Bennington. He tried six majors, including, if memory serves, musical instrument design. He formed close if temporary conjunctions with many women, among them a princess and a U.S. president’s great-grand niece (one of the solemn, whiskery Ohio presidents, alas). Everyone at Bennington was a show; my roommate was a little more brightly lit and cunningly miked, that’s all. When it became clear that I was voluntarily leaving this earthly paradise after only four years, he wrote me off as mentally ill.

People who need movies, the true moviegoers, go in the afternoon; matinees are therapy for those who can’t afford therapists or don’t know that they should get one. Scraping down the pavement in Manhattan on my way to a matinee, I had to admit that my Bennington roommate probably had it right. New York sent many signs to a young man—it was an empire of signs, to cop a phrase—but one message blared through and over all the rest: This city (state, country, world, cosmos) does not require you at all. No provisions have been made. There is no slot. You’ll have to force your way in, on the off chance that you can get in at all. I sometimes thought, then, of a poem by Stephen Crane that I’d come upon in junior high.

A man said to the universe:
“Sir, I exist!”
“However,” replied the universe,
“The fact has not created in me
A sense of obligation.”

I occasionally thought too of a line that I’d fetched from the commonplace books my roommate crammed with quotations to speed him on his way through life: “If nothing comes, then nothing comes. This isn’t exactly the enchanted forest.” Which was true enough: in the mid-1970s, New York, especially up in Washington Heights, the decayed neighborhood where I lived, was emphatically not the enchanted forest.

One gets used to having a slot, however meager. For 16 years there had been a seat reserved for one M. Edmundson at some center of higher or lower learning. Mark E., who sat behind Kevin Donahue and in front of Joan Ehlrich at Medford High, was present or he was absent. Absence mattered. Inquiries would be made. Now there was neither presence nor absence. There was zip. I had nursed hopes, as the poet says, that pointed to the stars. Now I was a walking superfluity, a flea on New York’s shaggy, often rank-smelling coat.

by Mark Edmundson, American Scholar |  Continue reading: 
Photo:  thisisnthappiness

Valerius De Saedeleer, Belgian, 1867-1942
Winter landscape 1931
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Daily Routines

[ed. From Daily Routines. How writers, artists, and other interesting people organize their days. For example, Winston Churchill (below) and Benjamin Franklin.]

Winston Churchill

Despite all this activity Churchill’s daily routine changed little during these years. He awoke about 7:30 a.m. and remained in bed for a substantial breakfast and reading of mail and all the national newspapers. For the next couple of hours, still in bed, he worked, dictating to his secretaries.

At 11:00 a.m., he arose, bathed, and perhaps took a walk around the garden, and took a weak whisky and soda to his study.

At 1:00 p.m. he joined guests and family for a three-course lunch. Clementine drank claret, Winston champagne, preferable Pol Roger served at a specific temperature, port brandy and cigars. When lunch ended, about 3:30 p.m. he returned to his study to work, or supervised work on his estate, or played cards or backgammon with Clementine.

At 5:00 p.m., after another weak whisky and soda, he went to be for an hour and a half. He said this siesta, a habit gained in Cuba, allowed him to work 1 1/2 days in every 24 hours. At 6:30 p.m. he awoke, bathed again, and dressed for dinner at 8:00 p.m.

Dinner was the focal-point and highlight of Churchill’s day. Table talk, dominated by Churchill, was as important as the meal. Sometimes, depending on the company, drinks and cigars extended the event well past midnight. The guests retired, Churchill returned to his study for another hour or so of work.

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All The Angry People

[ed.  On the ground snapshot of the OWS movement through the eyes of Ray Kachel, a supporter who traveled from Seattle to New York City to participate. Also this from John Heilemann. Both are excellent reads.]

Zuccotti Park—or Liberty Square, as its occupiers called it—takes up a small rectangular block in the financial district, shadowed by skyscrapers, just east of the World Trade Center site. When Kachel arrived, the leaves on the park’s fifty-five honey-locust trees were still green. Tents were forbidden by the city, and the overnight occupiers had to lay blue tarps on unforgiving granite.

At the west end of the park, a drum circle rolled out a wild, interminable beat, adrenaline for the occupiers and annoyance for the neighbors. The drummers’ area, called “the ghetto,” was made up of hard-core anarchists and long-term homeless people, a world unto itself, where interlopers were made to feel unwelcome. The center of the park was crowded with various hubs dedicated to the occupation’s self-organization: the kitchen tarp, where food prepared on the outside and delivered was served to anyone who lined up; the comfort station, where occupiers could obtain donated wet wipes, toiletries, and articles of clothing; the recycling site, where protesters composted food waste and took turns pedalling a stationary bike to generate battery power; the library, with several thousand volumes stacked high on tables; the open-air studio, where computers and cameras streamed live footage of the occupation twenty-four hours a day.

At the east end of the park, along the wide sidewalk next to Broadway, beneath a sculpture of soaring red steel beams called “Joie de Vivre,” the occupation and the public merged. Demonstrators stood in a row, displaying signs as if hawking wares, while workers on their lunch hour and tourists and passersby stopped to look, take pictures, talk, argue. An elderly woman sat in a chair and read aloud from Hart Crane’s “The Bridge.” Another woman stood silently while holding up a copy of Ron Suskind’s “Confidence Men”—day after day. An old man in a sports coat and golf cap: “For: Regulated Capitalism. Against: Obscene Inequality. Needed: Massive Jobs Program.” A union electrician in a hard hat: “Occupy Wall Street. Do It for Your Kids.” A woman in a blue nurse’s smock: “This R.N. Is Sickened by Wall Street Greed. Trust Has Been Broken.” A young woman in jeans: “Where Did My Future Go? Greed Took It.” The crowd was dense, the talk overlapping.

Kachel, exhausted from his cross-country trip, was overwhelmed by the pandemonium. He could barely sleep, as the only bedding he had was a thermal wrap made of Mylar. At one point, someone told him that a shower could be arranged at the comfort station. When he arrived, there was no shower to be had, and suddenly he was confronted with the fact of being broke and homeless in a strange city. He withdrew into himself, curling up to sleep in his fleece and waterproof shell on the steps near the east side of the park.

One day, Kachel overheard a group of young occupiers, who were sitting on the steps just a few feet away, talking about him as if he weren’t there. “He’s not going to make it here doing that,” one of them said. “He isn’t taking care of himself.” They were right—his socks and shoes, drenched in a rainstorm, had been wet for several days. Kachel saw that he couldn’t survive in the park alone. He had to become part of the collective in an unreserved way—something that he’d never done.

He volunteered for the newly formed Sanitation Working Group. To keep warm after dark, he spent part of each night scrubbing the paths and the sidewalks. Another occupier, seeing Kachel working, gave him a sleeping bag and a tarp. Kachel began making friends: Sean, an Irish immigrant from the Bronx who worked the graveyard shift spraying fire retardant on steel, then came downtown to spend his days at Zuccotti; a homeless substitute teacher with a degree in physics; Chris, a drifter from Tarpon Springs, Florida, who had been so outraged by a YouTube video of a New York City police officer squirting women protesters in the face with pepper spray that he had ridden the rails to Manhattan in order to defend female honor. (...)

So he didn’t panic when, one rain-swept night, his duffel was stolen as he slept, and water entered the tarp in which he was rolled up, soaking his sleeping bag, and he stayed calm when his daypack—including the portable hard drive—was taken away the next morning by zealous members of the Sanitation Working Group who were clearing out waterlogged objects, leaving Kachel with nothing but the clothes he had on. He simply turned to his new friends for help, and was given a dry sleeping bag. By then, he belonged to the occupation. Liberty Square was his home.

by George Packer, New Yorker |  Continue reading:
Photo: Wayne Lawrence