Secular Chart Porn With Stochastics
I believe the unthinkable is going to happen. My guess is that the March 2009 lows will hold as well for major stock markets as they did for Greece (i.e. they won't):
I am black-bile bearish on equities to the point where I am nervous about Gold stocks here. That's very bearish for me, as I am well aware of the tendency for Gold stocks to largely decouple from equities as they did in the 1970s and 1930s. In keeping with the theme that a picture is worth 1,000 words, here is the paperbug secular nightmare translated through the eyes of someone who has managed to break through the propaganda to the other side of the matrix (21 year monthly log scale Dow to Gold ratio candlestick chart porn with stochastics):
And the path for the stock markets of major economies is being led by China, which is in the same precarious position as America in the 1930s, while we are more like Britain if one wants to look to the 1930s for answers. We ARE NOT EVEN CLOSE TO THE AMERICA OF THE 1930s and any direct comparisons are apples to oranges. Here is the Shanghai Composite ($SSEC) on a monthly 20 year chart to show some more slow stochastic secular chart porn related to what comes next for those not overly concerned with the day-to-day squiggles:
Long physical Gold, short general equities. Biased as can be due to established positions. The Dow to Gold ratio will reach 2 before this cycle is over and we may well go below 1.
Music Gamelan Java in Alps
WHAT HAPPENED TO YOUR PHONECALLS.
MP3: "MY KZ, UR BF" (Clock Opera Remix) - Everything Everything
Taman Wisata Alam Sangeh Bali
This place have Very famous Pura that is Pura Bulit Sari. this wisata forest area, becoming place live monkey, only some of just small which exploited by entrepreneur to make some place kiosk sell multifariously of cinderamata manner.
Krakatau Volcano Mountain
Good News for Modern Persons
So, John Caruso wrote at The Distant Ocean,VICTOR AGOSTO: It just didn’t make sense to me why we were there, why—why these contractors were making, you know, all this money. And eventually, I started making the connections between that and just the idea of empire. And I realized that what I was doing there was just that, just being a soldier for empire, basically, not to make America or Afghanistan a better place, I mean. So I read some books. I read some Chomsky. I realized that there’s absolutely no American moral superiority. There’s no—we were no one to impose anything on the people of Iraq or Afghanistan.
AMY GOODMAN: How did you get a Noam Chomsky book in Iraq?
VICTOR AGOSTO: I ordered it on Amazon.com.
AMY GOODMAN: It’s interesting. Peter Pace was asked on Meet the Press about a former prime minister—I think it was Jaafari—that he said Chomsky was his favorite author, and Pace said, "I hope he has some other books on his bookstand."
So think about that: there are people in Iraq and Afghanistan wearing American uniforms and carrying guns who are literally just one book away from changing their entire world view and refusing to kill. And that's one reason why writing about this stuff, speaking out, talking to people you know, spending time in discussion forums and so on really does matter—because you may never know what effect it will have on someone out there who's ready to hear it. ...An epiphany? Dewd. I'm all for encouraging people to read, and I agree with Caruso's remark about the importance of "writing about this stuff", but I found the evangelical tone here a bit off-putting, the sense that millions of ignorant savages go to sleep each night without ever having had a personal relationship with Noam Chomsky, but they are "just a book away" from salvation, if we give them the right book. What if Agosto had read a book by Rush Limbaugh or Glenn Beck instead? Oh noes! It's too awful to contemplate.
Assuming someone really was just one book away from an epiphany, what book do you feel would be most likely to get them there? Not limited to Chomsky, of course, though it's hard to beat his combination of ideological orientation and information density if you've only got one book to change someone's mind.
The discussion in comments was more of the same, with people saying things like:
Anyway, I did make the mistake of sending my father a copy of Manufacturing Consent; it was probably the wrong thing to start off with. Maybe The Umbrella of U.S. Power would have been a better choice. Especially given that he thinks Chomsky is a communist and a traitor to start with.And:
I have often thought about sending something by Chomsky to my career military brother, now retired. Then I realized that Chomsky can be read two ways: the way Chomsky wants to be read and the way that someone who thinks the US status quo is under attack from the left (and doesn't like that) would read it. Chomsky shows the left to be ineffectual. My brother would take it that way. He would be encouraged by Chomsky not 'converted'."Converts"? "Epiphany"? My dear. The writers seem to have missed Agosto's own account. He made it clear that he'd already figured out that something was badly wrong before he read the Gospel According to Saint Noam. I put it that snarkily, not because I would never recommend Chomsky to anyone -- I've put a few of his tracts into trembling hands myself -- or because I don't suggest reading materials if people ask me, but because of the rather patronizing implication that people like ourselves can lead a person out of political darkness by giving them the book that is all they need to have an epiphany. The older I get, the less faith I have in such a belief, or that much will be gained by reading any one book or article or author. I'd prefer to see more people explore a range of ideas and views, which seems to me a better way for them to figure out what they think or want to think, and will prepare them better to deal with people who disagree with them.I can hear him saying "You want to give the country back to the Indians? That wouldn't work." Or something to the same effect.... And I think that Victor Agosto is rare and that Chomsky will find fairly few military converts in Afghanistan.
But that's just my own approach to things, which has become more routine as I've gotten older. Whether it was coming to terms with my homosexuality, deciding what I thought about Christianity, or about American politics, or many other topics, I prefer to canvass a range of views. For example, one of my personal turning points was seeing Tom Hayden speak at Notre Dame University in 1969 or 1970. This was when Hayden was still a left radical, before he became an all-too-mainstream American liberal politician. He explained how the US had become involved in Vietnam, how the US undermined the possibility of a political settlement in the 1950s and installed a subfascist puppet to rule the South. This was all news to me, so I went to the library and found a few books on the history of US involvement in Vietnam, and found that Hayden was right. Even though the authors of those books generally supported US policy, their account of the history agreed with Hayden's -- they just held that the US had to intervene, violating international agreements and law by doing so, because if there had been free elections, the Communists would have won. That had more of an impact on me than Hayden's speech had, because it meant that the historical facts weren't really in dispute.
The same thing happened with Christianity, though I'd been an atheist for years anyway. I'd say something negative about Christianity, and a Christian would tell me that I misunderstood Christianity, I shouldn't judge Christianity by this or that bad Christian, I should read this or that book and it would explain what Christianity really is. I read a number of books that such people recommended to me, each of which would be disparaged by the next Christian I talked to, who'd point me to the next one. Eventually I went to the source, the New Testament and its depiction of Jesus, which confirmed my atheism better than any atheist writer I'd encountered could have managed to do.
I know, most people probably aren't going to put that much effort into learning, even about things that they claim to take very seriously. So much the worse for them, and for the world we all inhabit. They baffle me, though: how can they care so little? How can they be so little interested in learning more about important issues?
Good News for Modern Persons
So, John Caruso wrote at The Distant Ocean,VICTOR AGOSTO: It just didn’t make sense to me why we were there, why—why these contractors were making, you know, all this money. And eventually, I started making the connections between that and just the idea of empire. And I realized that what I was doing there was just that, just being a soldier for empire, basically, not to make America or Afghanistan a better place, I mean. So I read some books. I read some Chomsky. I realized that there’s absolutely no American moral superiority. There’s no—we were no one to impose anything on the people of Iraq or Afghanistan.
AMY GOODMAN: How did you get a Noam Chomsky book in Iraq?
VICTOR AGOSTO: I ordered it on Amazon.com.
AMY GOODMAN: It’s interesting. Peter Pace was asked on Meet the Press about a former prime minister—I think it was Jaafari—that he said Chomsky was his favorite author, and Pace said, "I hope he has some other books on his bookstand."
So think about that: there are people in Iraq and Afghanistan wearing American uniforms and carrying guns who are literally just one book away from changing their entire world view and refusing to kill. And that's one reason why writing about this stuff, speaking out, talking to people you know, spending time in discussion forums and so on really does matter—because you may never know what effect it will have on someone out there who's ready to hear it. ...An epiphany? Dewd. I'm all for encouraging people to read, and I agree with Caruso's remark about the importance of "writing about this stuff", but I found the evangelical tone here a bit off-putting, the sense that millions of ignorant savages go to sleep each night without ever having had a personal relationship with Noam Chomsky, but they are "just a book away" from salvation, if we give them the right book. What if Agosto had read a book by Rush Limbaugh or Glenn Beck instead? Oh noes! It's too awful to contemplate.
Assuming someone really was just one book away from an epiphany, what book do you feel would be most likely to get them there? Not limited to Chomsky, of course, though it's hard to beat his combination of ideological orientation and information density if you've only got one book to change someone's mind.
The discussion in comments was more of the same, with people saying things like:
Anyway, I did make the mistake of sending my father a copy of Manufacturing Consent; it was probably the wrong thing to start off with. Maybe The Umbrella of U.S. Power would have been a better choice. Especially given that he thinks Chomsky is a communist and a traitor to start with.And:
I have often thought about sending something by Chomsky to my career military brother, now retired. Then I realized that Chomsky can be read two ways: the way Chomsky wants to be read and the way that someone who thinks the US status quo is under attack from the left (and doesn't like that) would read it. Chomsky shows the left to be ineffectual. My brother would take it that way. He would be encouraged by Chomsky not 'converted'."Converts"? "Epiphany"? My dear. The writers seem to have missed Agosto's own account. He made it clear that he'd already figured out that something was badly wrong before he read the Gospel According to Saint Noam. I put it that snarkily, not because I would never recommend Chomsky to anyone -- I've put a few of his tracts into trembling hands myself -- or because I don't suggest reading materials if people ask me, but because of the rather patronizing implication that people like ourselves can lead a person out of political darkness by giving them the book that is all they need to have an epiphany. The older I get, the less faith I have in such a belief, or that much will be gained by reading any one book or article or author. I'd prefer to see more people explore a range of ideas and views, which seems to me a better way for them to figure out what they think or want to think, and will prepare them better to deal with people who disagree with them.I can hear him saying "You want to give the country back to the Indians? That wouldn't work." Or something to the same effect.... And I think that Victor Agosto is rare and that Chomsky will find fairly few military converts in Afghanistan.
But that's just my own approach to things, which has become more routine as I've gotten older. Whether it was coming to terms with my homosexuality, deciding what I thought about Christianity, or about American politics, or many other topics, I prefer to canvass a range of views. For example, one of my personal turning points was seeing Tom Hayden speak at Notre Dame University in 1969 or 1970. This was when Hayden was still a left radical, before he became an all-too-mainstream American liberal politician. He explained how the US had become involved in Vietnam, how the US undermined the possibility of a political settlement in the 1950s and installed a subfascist puppet to rule the South. This was all news to me, so I went to the library and found a few books on the history of US involvement in Vietnam, and found that Hayden was right. Even though the authors of those books generally supported US policy, their account of the history agreed with Hayden's -- they just held that the US had to intervene, violating international agreements and law by doing so, because if there had been free elections, the Communists would have won. That had more of an impact on me than Hayden's speech had, because it meant that the historical facts weren't really in dispute.
The same thing happened with Christianity, though I'd been an atheist for years anyway. I'd say something negative about Christianity, and a Christian would tell me that I misunderstood Christianity, I shouldn't judge Christianity by this or that bad Christian, I should read this or that book and it would explain what Christianity really is. I read a number of books that such people recommended to me, each of which would be disparaged by the next Christian I talked to, who'd point me to the next one. Eventually I went to the source, the New Testament and its depiction of Jesus, which confirmed my atheism better than any atheist writer I'd encountered could have managed to do.
I know, most people probably aren't going to put that much effort into learning, even about things that they claim to take very seriously. So much the worse for them, and for the world we all inhabit. They baffle me, though: how can they care so little? How can they be so little interested in learning more about important issues?
Silver Shortage - Money manager predicts the price of silver to skyrocket on industrial growth.
CLINGING TO YOUR FEVER.
MP3: "Love Get Out of My Way" (Holy Ghost! Remix ft. Dixon) - Monarchy
Ten Year Yield Back Below 3%
The U.S. Government ten-year bond yield ($TNX), that is. This is not an inflationist message, though it provides cover for "the world is ending, quick we need to give all our corporate friends some taxpayer money" scenario to recur. The biggest bubble of them all has a ways to go before it pops. Here's a 5.5 year weekly linear plot of the yield action:
People playing the "steepening" trade (i.e. betting on the spread between long-term government debt and short-term government debt increasing) are getting killed right now due to a quick rise higher in short-term yields while long-term yields are collapsing. I'm sure these folks aren't using any leverage though and I'm sure this won't contribute to margin calls that intensify selling in the equity space...
Gold continues to hold up well during the new deflationary pressures that have now resumed in full force. The trillions of dollars wasted trying to "stimulate" one thing or another are gone. There is and will be nothing good left to show for it except among those titans of the universe close enough to the keiretsu teat of federal government largesse. Those mere mortals who took the bait and bought houses in the bubble real estate areas are about to experience that drowning feeling of being underwater, regardless of whether or not a new housing tax credit is passed. Enough demand was brought forward that any new measures will likely be ineffective.
The Dow to Gold ratio looks like it is gathering a head of steam to head back to its March of 2009 lows. I suspect this will happen with Gold acting firm (although even $100/oz swings in both directions should not alarm or surprise long-term Gold bulls) and the stock market tanking. I am maintaining my "long physical Gold, short stocks" trade for now.
Bunaken National Park at Manado
The waters of Bunaken National Marine Park are extremely deep (1566 m in Manado Bay ), clear (up to 35-40 m visibility), refreshing in temperature (27 to 29 °C) Pick any of group of interest - corals, fish, echinoderms or sponges - and the number of families, genera or species is bound to be astonishingly high. For example, 7 of the 8 species of giant clams that occur in the world, occur in Bunaken. The park has around 70 genera of corals; compare this to a mere 10 in Pacific , are found.
Biologists believe that the abundance of hard corals is crucial in maintaining the high levels of diversity in the park. Hard corals are the architects of the reefs, without them, numerous marine organisms would be homeless and hungry. Many species of fish are closely associated with particular types of corals (folious, branching, massives, etc.) for shelter and egg-laying. Others, like the enormous Bumphead Parrotfish, Balbometopon muricatum, are "coralivores" and depend on hard corals for their sustenance. Bony mouth parts fused into an impressive "beak" allow these gregarious fish to crunch corals like roasted peanuts.
Some 20,000 people live on the natural resources of Bunaken National Marine Park. Although there are inevitable conflicts between resource protection and use by people, the Indonesian government is taking a fairly unusual and pragmatic approach to park management. The idea is to promote wise resource use while preventing overexploitation. Local communities, government officials, dive resort operators, local nature groups, tourists and scientists have played an active role in developing exclusive zones for diving, wood collection, fishing and other forms of utilization. Bunaken Marine Park has become an important example of how Sulawesi, and the rest of Indonesia, can work to protect its natural resources.
source: wikipedia
Concentrate on the Future, Not the Past
What? The report is too sketchy for me to tell for sure, but I'd like to know why that "African American student" posed that question. I've sometimes been asked by Koreans why I read Korean literature and watch Korean films, and they're generally satisfied when I tell them that I find these interesting, and why. They ask, not to tell me I'm not allowed to know Korean literature, but because so few Americans (and too few Koreans) are interested in their culture. Even if Rodriguez' interlocutor really meant that non-Africans shouldn't be reading African literature, he was not speaking for the university. Students nowadays are expected to "know each other's literature": Achebe's Things Fall Apart is often assigned reading, and that's why we hear about culture wars, multiculturalism, and "political correctness." If there ever was a "Dark Age," as Rodriguez claims, it's over now. White students study Afro-American Studies (and join the African-American Choral Ensemble), men enroll in Women's Studies, heterosexuals do Queer Theory. The separatism that Rodriguez denounces simply isn't there in the academy.
There's also an interview with Frank Kameny, which further undermines Andrew Sullivan's claims about the history of the gay movement. Kameny tells Gambone that he "wants to watch the coverage of the city's gay pride parade. 'I may well be in it.' Indeed, that afternoon I watched from the sidewalk on P Street as Kameny, one of Capital Pride's 2009 'Super Heroes,' passed by in an open car, waving to the crowd" (171). Far from being ignored, Kameny's role as a founder of the gay rights movement is well known and celebrated, as it has been ever since I can remember.
Kameny told Gambone:
The homophile organizations that existed [in the 1950s and early 1960s] gave enormous credence to the so-called experts and authorities of the day. They weren't really militant. That wasn't me or my style... [171]Kameny's "confrontational style became known as 'ferocious'", Gambone says. The radical gay movement of the 70s took that style and ran with it. Kameny's personal goals were what would be called assimilationist, since they involved gays serving in the Civil Service and military, and running for public office, but he also rejected the mainstream view of homosexuality as a sickness. Kameny joined the gay militants who took on the psychiatric profession -- again, far from being hostile to the post-Stonewall movement, he worked with it.
Kameny contends that these early demonstrations -- and the annual Fourth of July pickets in front of Independence Hall in Philadelphia, which Mattachine Washington joined -- paved the way for the Stonewall uprising in 1969. "By virtue of our coming out of the closet collectively, it created the mindset for protesting, so that when the events of the moment created the eruption on Christopher Street, people were primed" [175].Sure, there was tension between left gay radicals and those whose politics fell into the American mainstream, but that is only to be expected. Kameny rejected the collaborationist approach of the homophile movement of the 1950s, and that was too much for much of the movement. As Kay Lahusen of Daughters of Bilitis told Eric Marcus, "We had one of our major contributors write to us in a private letter that only dirty, unwashed rabble did this kind of thing" (Making History, HarperCollins, 1992, p. 125) -- "this kind of thing" being picketing.
But of course, the new wave frequently tries to put the last wave out of business. Certainly, we had our differences with Del Martin and Phyllis Lyon at DOB [Daughters of Bilitis]. We had said to them, "You're over the hill. Your thinking is out of date." So GLF did the same to us.I realize that to some extent Andrew Sullivan is doing the same thing. The difference, and it's a serious one, is that he still chooses to distort the history of the movement that came before him. There's no excuse for that in a day when that history is so widely and easily available; if he doesn't know it, it's because he doesn't want to.
Barbara [Gittings, Lahusen's partner] We didn't do that in a public setting.
Kay: But we took their magazine in a totally different direction, and they weren't happy with that. We thumbed our noses at them -- almost [Making History, 215].
Concentrate on the Future, Not the Past
What? The report is too sketchy for me to tell for sure, but I'd like to know why that "African American student" posed that question. I've sometimes been asked by Koreans why I read Korean literature and watch Korean films, and they're generally satisfied when I tell them that I find these interesting, and why. They ask, not to tell me I'm not allowed to know Korean literature, but because so few Americans (and too few Koreans) are interested in their culture. Even if Rodriguez' interlocutor really meant that non-Africans shouldn't be reading African literature, he was not speaking for the university. Students nowadays are expected to "know each other's literature": Achebe's Things Fall Apart is often assigned reading, and that's why we hear about culture wars, multiculturalism, and "political correctness." If there ever was a "Dark Age," as Rodriguez claims, it's over now. White students study Afro-American Studies (and join the African-American Choral Ensemble), men enroll in Women's Studies, heterosexuals do Queer Theory. The separatism that Rodriguez denounces simply isn't there in the academy.
There's also an interview with Frank Kameny, which further undermines Andrew Sullivan's claims about the history of the gay movement. Kameny tells Gambone that he "wants to watch the coverage of the city's gay pride parade. 'I may well be in it.' Indeed, that afternoon I watched from the sidewalk on P Street as Kameny, one of Capital Pride's 2009 'Super Heroes,' passed by in an open car, waving to the crowd" (171). Far from being ignored, Kameny's role as a founder of the gay rights movement is well known and celebrated, as it has been ever since I can remember.
Kameny told Gambone:
The homophile organizations that existed [in the 1950s and early 1960s] gave enormous credence to the so-called experts and authorities of the day. They weren't really militant. That wasn't me or my style... [171]Kameny's "confrontational style became known as 'ferocious'", Gambone says. The radical gay movement of the 70s took that style and ran with it. Kameny's personal goals were what would be called assimilationist, since they involved gays serving in the Civil Service and military, and running for public office, but he also rejected the mainstream view of homosexuality as a sickness. Kameny joined the gay militants who took on the psychiatric profession -- again, far from being hostile to the post-Stonewall movement, he worked with it.
Kameny contends that these early demonstrations -- and the annual Fourth of July pickets in front of Independence Hall in Philadelphia, which Mattachine Washington joined -- paved the way for the Stonewall uprising in 1969. "By virtue of our coming out of the closet collectively, it created the mindset for protesting, so that when the events of the moment created the eruption on Christopher Street, people were primed" [175].Sure, there was tension between left gay radicals and those whose politics fell into the American mainstream, but that is only to be expected. Kameny rejected the collaborationist approach of the homophile movement of the 1950s, and that was too much for much of the movement. As Kay Lahusen of Daughters of Bilitis told Eric Marcus, "We had one of our major contributors write to us in a private letter that only dirty, unwashed rabble did this kind of thing" (Making History, HarperCollins, 1992, p. 125) -- "this kind of thing" being picketing.
But of course, the new wave frequently tries to put the last wave out of business. Certainly, we had our differences with Del Martin and Phyllis Lyon at DOB [Daughters of Bilitis]. We had said to them, "You're over the hill. Your thinking is out of date." So GLF did the same to us.I realize that to some extent Andrew Sullivan is doing the same thing. The difference, and it's a serious one, is that he still chooses to distort the history of the movement that came before him. There's no excuse for that in a day when that history is so widely and easily available; if he doesn't know it, it's because he doesn't want to.
Barbara [Gittings, Lahusen's partner] We didn't do that in a public setting.
Kay: But we took their magazine in a totally different direction, and they weren't happy with that. We thumbed our noses at them -- almost [Making History, 215].
William L. Taylor, 1931-2010
Bill was responsible for the strategy that, in 1987, led the Senate to defeat President Reagan's nomination of Robert Bork to sit on the Supreme Court. The Justice we got instead was Anthony Kennedy, author of the Court's two landmark gay rights cases, Romer v. Evans and Lawrence v. Texas. Just today, Kennedy was the swing vote in Christian Legal Society v. Martinez, the Court's ruling upholding the right of Hastings Law School to deny official recognition to a student group that excluded unrepentant gay men and lesbians.
Because of Bill's role in Bork's defeat, without which Kennedy would not serve on the Court, I feel enormous gratitude for Bill's efforts and for the benefits that the LGBT community reaped as a result of his work. Bork would have been Scalia's evil twin; when it comes to gay rights, Kennedy has been Scalia's nemesis.
I've written more about Bill's contribution and his passing here. Thank you, Bill. Your memory is a blessing.
Is Gold the Next Bubble?
With gold having run up to record prices of late, some have wondered whether the yellow metal is likely to be the next bubble? Brett Arends discusses. And Peter Lattman profiles C. Dean Metropoulos, an low-profile investor with a knack for rebuilding old brands like Chef Boyardee, Bumble Bee and Schlitz. His most recent purchase: Pabst Blue Ribbon.
Another adult adoption story
Well, this week's Washington Post Sunday "On Love" page features the marriage of Bob Davis, 89, and his partner of 62 years, Henry Schalizki, 90. Deep in the article, Henry reports that he adopted Bob in 1990. Presumably summarizing the reasons the couple gave for that decision, the article states, "It gave them legal protections, offered an advantageous inheritance tax rate [my comment: I'm not sure what that would be], and made the pair into a family."
Six paragraphs later, in parentheses, the article notes that the adoption was nullified several weeks before the couple's wedding. Had it not been, incest laws would have barred their marriage. Adoption is not like marriage; there's no equivalent to divorce if it doesn't work out. That's one reason gay and lesbian family lawyers have been reluctant to advise a same-sex couple to go the adoption route.
So this article sent me to the DC Code. (Given that the couple moved to DC in the 1950's, I'm assuming the adoption was granted in DC). "Jurisdictional or procedural" grounds for challenging an adoption must be filed within a year of the decree, but otherwise the statutes are silent on when an adoption can be invalidated. I imagine the couple filed for "equitable" relief invalidating the decree so that they would be free to marry. They are fortunate that the DC Code appears to allow a judge the leeway to grant such an order. Otherwise, they would still be father and son.
GOLD in the IMF
The IMF's Executive Board recently approved limited sales of gold. Learn more about Gold and IMF.
Value Investor Charles De Vaulx Loves Gold
Wow! Contest Update!
Wow! Contest Update!
Silver is Trading like a Currency, Finally!
GATA Chief Adrian Douglas outlook for the precious metals
GATA Chief Adrian Douglason Russia Today
GATA (Gold Anti Trust Agency) Director and CEO of Market Force Analysis Adrian Douglas giving a brief overview of the precious metals situation.HHS proposed regs on hospital visitation ignore the needs of those incapable of naming visitors
But what about emergencies, about patients unable to name their visitors? The proposed regulations are entirely silent on that, and we need comments in droves to get these regs to really meet the needs of the LGBT community.
To put this in perspective, I can only think of one well-known story of denied hospital visitation that would have been helped by the proposed regs. Julie Goodridge (of the famous Massachusetts marriage case - now divorced, but I digress) entered the hospital for the birth of the couple's daughter, and after complications and a cesarean section, her partner Hillary was denied the ability to visit her or their baby. (Hillary waited until the nursing shift changed and then identified herself as Julie's sister and got in.) Presumably when Julie entered the hospital she would have, if asked, identified Hillary as a visitor. The proposed regs require hospitals to tell patients they can choose their visitors.
But other cases, including Janice Langbehn's, for all the attention she has received from President Obama, are beyond the scope of these proposed regs. Janice's partner, Lisa, was an emergency admission. So was Robert Daniel, whose partner, Bill Flanigan, was denied access to him. (Lawsuits filed as a result of the actions of these hospitals failed). And Sharon Kowalski, whose partner, Karen Thompson's, battle to care for Sharon began when the hospital refused her access to Sharon on the night of Sharon's car crash.
Comprehensive regulations must address emergency circumstances by directing hospitals to admit certain categories of individuals as visitors. Here's my list: anyone named in a medical power of attorney, including alternates; anyone residing with the patient; anyone whose relationship to the patient places that person anywhere on the state's list of surrogate decisionmakers should the patient not have a medical power of attorney (this last one is very important as about 20 states include "close friends" on the list, and many LGBT individuals acknowledge their close friends as their family); and domestic partners. Now that federal regulations on sick leave by federal employees include and define the term "domestic partner" there is every reason to include this category in those who must be allowed to visit a hospitalized patient unable to name visitors.
Maybe there are better ideas than mine. So let's get talking. The one thing I know is that the proposed regs are painfully inadequate.
Morgan Stanley - Toast
And don't let the door hit you in the a** on the way out. I profiled Morgan Stanley's (ticker: MS) chart in a recent prior post and the anticipated break-down occurred today on decent volume. Here's a 19 month daily candlestick chart of MS thru today's close:
Now why would I be happy that a venerable American corporation may have crossed the line into a potential death spiral? Because, like many Americans still trying to work hard to get ahead, I am angry at what has happened over the past 2 years in this country. Yes, it started long before that, but Morgan Stanley has been as American as Hitler or Mussolini over the past few years. A rigged game favoring fascist/corporatist pigs benefits the few at the expense of the many. I am mature enough and aware of history enough to know that this is just how great empires end, but it still stings.
And I am glad that one of the biggest pigs feeding at the government trough is failing. I am glad because I don't want to live under this system of evolving fascism. I believe that economic freedom works, despite all the hardships it introduces and all the responsibility it entails. I want Morgan Stanley, Goldmun Sucks and JP Whore-gan to fail. I want a level playing field, no matter how juvenile and naive it is to think such a thing may happen.
The confirmed breakdown in Morgan Stanley is ominous for the entire U.S. stock market. The third biggest and baddest Wall Street firm, which is only still a company thanks to the unintended generosity of American taxpayers, is a joke. They have all the insider information, the most sophisticated research, access to free money at no interest and the fastest computers on Wall Street. And they are still losing! HAHAHAHAHAHAAAAHHHHHH!
Cronyism works until you need to be smart or agile, then it fails. Inbreeding doesn't work as a policy and only outright theft and cheating can remedy the intellectual deficits introduced by promoting the weak at the expense of the strong. As Martin Armstrong has told us from first hand experience (while he rots in jail for being smarter than the apes), it is about guaranteeing victory on Wall Street by rigging the game, not about the thrill of competition or survival of the fittest.
Two down (i.e. Bear Stearns and Lehman Brothers), three to go (i.e. MS, Goldmun Sucks, JP Whore-gan). Morgan Stanley should go first according to my charts and common sense. Wake me when Morgan Stanley's stock price hits $15/share.
The bear market is back and its job is to destroy the excesses of the prior bull market. The destruction of the U.S. Dollar as the world's reserve currency and the destruction of at least two of the three remaining financial behemoths that support it makes sense from a secular bear market perspective. I am only the messenger and as an American, I would prefer a different message needed to be conveyed. Meanwhile, Gold continues to expose the ridiculousness of our system and its corrupt, hollow core. America is not even close to the worst country in the world, it is just the one with the most to lose. It ain't good for me or the world, but that doesn't change the facts. I am ranting here as an antithesis to the controlled mainstream U.S. financial media - in other words, to speak the truth as I see it, whether good or bad.
Once the Dow to Gold ratio hits two (and we may well go below 1 this cycle), then it is time to become bullish on America again. Until then, let the rot be purged and thrown out to into the oily sea.
OK, sorry for venting, now I feel better...
Living in the Catacombs: John Howard's Men Like That, part two
Somewhere along the line, "identity politics" has become a safe and handy term of abuse, like "political correctness" -- and about as free of content. Howard throws it around several times in Men Like That, without ever making it clear what he means by it.
Impenetrable, unkissable men involved in homosex -- men that [informant and self-identified "trade queen" Ron] Knight describes both as "supposedly straight guys" and as "men" -- should not be understood within the present-day psychoanalytic frame of denial or the identity politics category of closeted. They should not be read as essentialized gay men unable to accept it. As this and the prior two chapters show, in midcentury Mississippi male-male sexualities happened within complicated worlds of myriad desires. To experience or act on homoerotic desire did not necessarily define the person as gay....This passage is a clotted mass of misinterpretations of data, and of misunderstandings of theory. Howard mentioned earlier the amazingly resilient "heterosexual will to not-know, the pretense of ignorance" (xvi); were only heterosexuals capable of denial in those days? I don't agree that it implies essentialism to suggest that someone is in denial over his participation in homosex. If anything, essentialism facilitates denial: "Yes, I'm screwing a man (or getting screwed by one), but it doesn't count because I'm not queer." This mindset has often been lethal for men who didn't believe they needed to use condoms while being penetrated, since only queers got AIDS. An anti-essentialist can point out (as Kinsey did), that someone is engaged in homosexual activity without necessarily implying anything about that person's inner nature.
As sociologist Steven Seidman puts it, "The very possibility of framing homosexuality as a site of identity presupposes sexual object-choice [the gender of one's sexual partner] as a master category of sexual and self-identity." For many in this time and place, this master category may not have been at work as an identity mechanism; although, certainly, sexual object-choice functioned more broadly in American culture in the framing of acceptable and unacceptable, normative and nonnormative sexual practices [122f].
As for "closeted," there may not have been a mid-century Mississippi equivalent to refer to men who declined to acknowledge (to themselves, or to others) what they were doing sexually. I see no reason not to use the accepted current label unless one is devoted to producing a purely emic account of midcentury Mississippi queerdom, which Howard is not.
Whether trade -- "Impenetrable, unkissable men involved in homosex" -- should be understood as closeted or in denial depends on the individual. For Howard's impenetrable and (initially) unkissable informant Mark Ingalls, who now sees himself as gay, both denial and the closet were definitely involved: Ingalls himself reports his mother's reproval on his second (!) heterosexual marriage: "Knowing what you know, why are you doing this?" (46) As Howard notes, "Avoidance of the topic did not indicate a lack of awareness on either side" (ibid.), and refusing to call something by its name doesn't remotely imply that you don't know that name. Trade don't refuse to think of themselves as queer because they are anti-essentialist: they are extremely essentialist, and in their social world they are essentialized Real Men. "Queer" represents what is outside manhood's carefully patrolled (because highly permeable) boundary.
And Queers were just as invested in that construction, as shown by Howard's informant Ron Knight, who says "A drop of sissy come would choke us. If we were going to go down on anybody, they would have to be men, trade" (122). (Another example, from Mexico City: "The vestidas disapprove of any signs of femininity in their partners. For example, bisexual men who are apparently manly but who secretly let themselves be penetrated as if they were homosexuales are often criticized by the vestidas, even when the vestidas are the ones who penetrate them" [Prieur 1998, 166]) Fellows like Ron Knight, incidentally, make it quite clear that "sexual object choice" – Men -- was a major and defining factor in their sexual identities.
A Real Man out looking for fun in postwar Mississippi would probably not consider a Queer equivalent to a woman as a sexual partner - but that might be part of the Queer's appeal. Women cost money, directly or indirectly; a Queer might pay the Real Man. This risked putting the Real Man in a feminized position, a fact which must never be mentioned, making it all the more important that his Real Manhood be maintained in bed. Or at least officially, out of bed.
The Real Man / Queer binarism is too restrictive to account for all sexual interaction between men, even in areas where that model is the norm. In parts of Latin America where the Real Man / Queer dichotomy still rules, there are Real Men who want to be penetrated some of the time, and who may seek out Queers to penetrate them. But this is a dread secret and may be denied in the act: "My experience of stubborn denial is indeed confirmed by Murray ... , who says he has 'been told by young Latinos with semen inside their rectums that they never get fucked.'" (Prieur 1998, 199). Howard, by contrast, seems unaware of such complexity -- he's at least as invested in the traditional dichotomy as any Real Man, or any Queer.
Finally, it simply is not true that "The very possibility of framing homosexuality as a site of identity presupposes sexual object-choice as a master category of sexual and self-identity." Despite its etymology "homosexual" originally referred to the invert, the Queer, the woman's soul trapped in a man's body – all quasi-heterosexual constructions of same-sex desire and behavior -- and only gradually and inconsistently was extended to all those who loved their own sex, regardless of "gender performance." The invert was an identity, and inversion as a "master category" encompassed both "gender performance" and "sexual object-choice" -- the latter being assumed on the basis of the former or vice versa, which is a reminder that sexual-object choice and gender performance were inseparable in the 19th century. (And still are in many cultures today, including much of the US.) This should not be news to anyone who really has been informed by queer theory, but it seems to be news to Howard.
Howard's insistence on the variety of motivations that brings men to sex with other males then (as now) is well-taken, but it hasn't been news since Kinsey (et al., 1948) at least. (It was an essentializing American society, which included an essentializing gay world, which assumed the 37% of males who'd had orgasms with other males must all be Queers.) More important, he seems to be unable to do anything but state and reiterate that insistence, renouncing essentialist binarism and its evil works. Yes yes yes, not all men who insert their penises into the orifices of other men's bodies, or who receive other men's penises into their orifices, are properly categorized as "gay" or "homosexual" -- so what? Howard has nothing new to tell us about how such men saw themselves, or even how they were seen by the men they penetrated. Nor does he cast any light on those "complicated worlds of myriad desires" in which his Queers and Real Men came together.
Even if we grant that there was "a heterosexual / homosexual dyad prevalent throughout American culture during the twentieth century", it's not obvious that the Real Man / Queer dyad which governed much sexual interaction between males in midcentury Mississippi "did not privilege sexual-object choice, or the biological sex of one's partner, a primary technique of categorization." While the Real Man may truly not have cared whether he penetrated a woman or a man (though I doubt it as a general rule), the Queer wanted to be penetrated by a Real Man, which sounds like a privileged sexual-object choice to me. (An essentializing Queer can explain away any heterosexual contacts he may have by recourse to the same strategies a Real Man uses: it doesn't count, because he really isn't That Way.)
Howard wrongly implies that "binarized conceptions of sexual identity" were something new to the US, or the Deep South; the Real Man / Queer binary disproves that. And the heterosexual / homosexual dyad hasn't become universally hegemonic in American society to this day; if nothing else, the "new" category employed in AIDS education, of Men Who Have Sex With Men, shows that. (See also Leap 1999.) As other writers have shown, George Chauncey among them, it was not just that "the" homosexual concept was transmitted to different regions at different rates; multiple concepts coexisted in any given place, and they diffused through different ethnic and class groups at different rates even in the same city. (It may also be that the Homosexual / Heterosexual dyad provides a touchstone of denial for many Men Who Have Sex with Men, creating more of the latter or letting them create themselves.)
The polemic heats up when Howard discusses gay activism in Mississippi. Though gay organizing in Mississippi began as early as 1959, the Mississippi Gay Alliance (MGA) offered the first sustained activist visibility the state had seen. But:
In the 1970s MGA membership never totaled more than a few dozen, with white membership always vastly outnumbering black. Influenced as it was by identity politics, most notably an increasingly national lesbian and gay movement, gay organizing clashed with local sensibilities, queer and nonqueer. For decades sexual deviants and gender nonconformists in Mississippi had functioned quietly but effectively within rural and small-town contexts, outmaneuvering hostile forces. [Except, of course, when those "hostile forces" -- which according to Howard were never inherently hostile -- arrested, harassed, beat, or killed them. And "effectively" at what?] Queer Mississippians even in remote parts of the state were nonetheless visible and available to one another. Gay politics required a different sort of visibility. Most disturbingly, it required clear-cut identity statements, individuals' open and public avowal of homosexuality, a speech act that some belligerent lawmakers and law enforcers interpreted as a felony in and of itself (attempted sodomy)....All the evidence Howard musters indicates that non-involvement in MGA had much more to do with wholly rational fear and hopelessness than with a distaste for "identity politics." (As shown, for instance, by the terrified small-town resident who wrote anonymously to the Jackson Daily News advice columnist, asking him to publish MGA's contact information instead of mailing it to him directly: "'I can't reveal my name ... because of the small town in which I live'" [238]. Not because homosexuality was "a relatively insignificant component of identity" -- just the opposite.)
Further, the category gay didn't well encompass the range and inventiveness of sexual and gender nonnormativity in Mississippi. And it made few allowances for those whose sexual and gender nonnormativity served as a relatively insignificant component of identity. For African Americans, for example, to participate in gay organizing meant to participate in yet another white-controlled, white-dominated institution. Though homosexuality and gender insubordination clearly weren't just a white thing, gay political organizing for the most part was [239].
And how is gay African-Americans' reluctance to get involved in one more white-dominated institution -- as though it were utterly unthinkable that they start their own! -- an "example" of people whose queerness was "a relatively insignificant component of identity"? It was significant enough to produce conflict in people who felt they had to choose between one component of their identity and another. Also, since "gay", like "queer," has always been multivalent, including significant amounts of gender insubordination (and certainly did in the early 70s), in Mississippi as elsewhere, how can Howard say that it doesn't "well encompass the range and inventiveness of sexual and gender nonnormativity in Mississippi" etc.? Once again, his evidence just doesn't support his conclusions.
Nor does the "different sort of visibility" and "individuals' open and public avowal of homosexuality" required by gay activism have anything do with "clear-cut identity statements." Rather, as Howard is aware, the difference is between being visible to other gay people and being visible to straights. Such visibility meant a whole new way for queers to think about themselves, but that was as true, as challenging, and as disturbing to college-educated white professionals in New York City as it was to preachers' sons with an eighth-grade education in Mississippi. Chanting "identity politics" like a mantra obscures the real issue, which is that being visible to straights as a Queer formerly happened only involuntarily, through arrest or murder. What the gay movement advocated was not "identity" -- that was already present -- but a rejection of shame in being gay. It also wrested the power to label from straight society, and put it into queers' own hands, an act of insubordination that bothered many straights for a long time after.
Finally, Howard cites the nascent Metropolitan Community Church as a corrective to MGA's thoughtcrime: "They [the MCC] found fertile soil in Mississippi" (245). "Such ecclesiastical gatherings, in stark relief to in-your-face activism, could generate the support of some liberal politicians" (240). But the binary opposition he hopes to construct collapses almost immediately, since "The leadership of the two organizations [MGA and MCC] was intimately intertwined..." (248), and the MCC became involved in "in-your-face activism" by opposing Anita Bryant's late-70s antigay crusade and the Mississippi Moral Majority. In other words, it may not have been that the MCC itself was so attractive, as Howard implied earlier in the chapter, but the visible threat of organized bigots that got Mississippi homos off their butts. But with that came once again the serpent in the Garden, the spectre of "identity."
"While the enumeration and articulation of gay institutions appeared an invitation to many, it seemed a barrier to others, a signal that an identity-based community, by its very nature, excluded some as it smoothed differences among the elect ... Where gay identity politics flagged, a gay social gospel flourished" (251f). This is a false antithesis, and anyway, it ain't true, as the next quotation shows. The "gay social gospel", Howard laments, included "gay identity politics":
Some visitors to MCC felt particularly unwelcome. As Kathy Switzer recalls, the congregation was entirely white. Though African-Americans visited, "they would always go back to their home churches because they felt more comfortable there." One black worshiper explicitly stated the dilemma to the group: "It's hard enough to be black. You want me to be gay too?" "Yes," came the response. "You play with the boys, honey. Don't you think it's time to identify yourself?"Indeed, was it? It wasn't that the MCC whites wanted that "black worshiper" to "be gay" -- he was already, and he knew it. What was going on there was not a conflict between those who espoused "identity politics" and those who didn't: it was about conflicting allegiances to different identities. Howard approvingly tells the story of an African-American community leader whose political career managed to survive repeated homosexual scandals. This was a triumph of African-American identity politics -- the demand that racial solidarity should trump every other consideration, a demand that finally ran aground on the controversy over the nomination of Clarence Thomas to the US Supreme Court. Howard seems not to be aware that racial solidarity is the paradigm case of "identity politics" in the US, or that such "identity politics" were what kept so many gay African-Americans closeted.
Indeed, identity was the issue... [253]
We're now seeing the rise of specifically African-American lgbt organizations, which is probably the only solution to the problem, and long overdue, since there are plenty of gay and lesbian and bisexual African-American exemplars. This will only confuse those who, like Howard, insist that you can only have one "identity" at a time. Like being bisexual, being gay and African-American is a multiple identity: the solution is to choose both, or more than both -- lesbian, feminist and black; gay, black and Muslim; and so on.
WORKS CITED:
Kinsey, Alfred; Pomeroy, Wardell; Martin, Clyde. Sexual behavior in the human male. Philadelphia: W. B. Saunders, 1948.
Leap, William L. "Sex in 'private' places: gender, erotics, and detachment in two urban locales." In Leap, William L. (editor), Public sex / gay space (New York: Columbia UP, 1999), 115-140.
Prieur, Annick. Mema's House, Mexico City: on transvestites, queens, and machos. [Worlds of Desire: The Chicago Series on Sexuality, Gender, and Culture] Chicago & London: University of Chicago Press, 1998.