tumblr

shared content

“The House speaker, John Boehner, won’t bring “a clean C.R.” — that is, a continuing resolution without any of the anti-Obamacare language — not because it won’t pass, but because it probably would, which would infuriate the Tea Party wing of his party and jeopardize his leadership post. Indeed, as Boehner well knows, many House Republicans do not want the government to shut down and would probably vote for the Senate’s clean bill if given half a chance. Their unwillingness to speak out against the extreme faction in their party is shameful. And it’s tragic that, at a time when the House desperately needs a strong speaker, it has John Boehner instead.”

http://www.nytimes.com/2013/10/01/opinion/nocera-those-banana-republicans.html?ref=todayspaper

Standard
tumblr

shared content

Arcade Fire – Here Comes the Night Time

Directed by Roman Coppola. Featuring ‘Here Comes The Night Time,’ ‘We Exist,’ and ‘Normal Person’ from the new album REFLEKTOR out Oct 29th.

Standard
tumblr

shared content

Financial markets have long treated U.S. bonds as the ultimate safe asset; the assumption that America will always honor its debts is the bedrock on which the world financial system rests. In particular, Treasury bills — short-term U.S. bonds — are what investors demand when they want absolutely solid collateral against loans. Treasury bills are so essential for this role that in times of severe stress they sometimes pay slightly negative interest rates — that is, they’re treated as being better than cash.

Now suppose it became clear that U.S. bonds weren’t safe, that America couldn’t be counted on to honor its debts after all. Suddenly, the whole system would be disrupted.

http://www.nytimes.com/2013/09/30/opinion/krugman-rebels-without-a-clue.html?ref=todayspaper

Standard
tumblr

shared content

Above all he approves of the First Amendment to the US Constitution, which states that government can “make no law respecting an establishment of religion, or prohibiting the free exercise thereof.”

Historically, many of these provisions were introduced in order to head off the danger of violence in the name of religion, though they function nowadays mainly to protect small churches and cranky sects that pose no real threat to anyone. But their real justification, according to Dworkin, has nothing specifically to do with religion: there is no special right to religious freedom, but only what he calls a “general right to ethical independence” – or, to put it differently, a restraint on any government activity based on the assumption that one conception of the good life is superior to another. He admits that it may be hard to decide what this principle implies, but has no doubt that it rules out any attempts to criminalise homosexual acts or early abortions, outlaw same-sex marriage or force schools to teach intelligent design.

Dworkin’s secularist defence of religious freedom is thus not as paradoxical as it might seem: for him, it is no more than specific application of a purely secular right – the right to “ethical independence”. But he puts a double lock on his doctrine with an argument to the effect that, strange as it may sound, religion should not be defined in terms of belief in God, and that secular atheism of the kind he espouses should be treated by the law as a form of religion.

http://rationalist.org.uk/articles/4313/wrong-in-the-right-way

Standard