This morning's key headlines from GenerationalDynamics.com
- Italy sentences scientists to jail for not predicting 2009 earthquake
- North and South Korea exchange threats over leaflet-laden balloons
- Lebanon's politicians turn against Hizbollah
- After 50 years of political unity, France and Germany's relations are increasingly hostile
Italy sentences scientists to jail for not predicting 2009 earthquake
A court in the central Italian city of L'Aquila on Monday sentenced
six scientists and a government bureaucrat to six years in jail on
manslaughter charges for their failure to predict a 2009 earthquake
that left more than 300 people dead. The seven are all members of the
"National Commission for the Forecast and Prevention of Major Risks."
This commission met early in 2009, and responded to the question of
whether there would be a repeat of the disastrous earthquake of 1703.
The response was: "It is unlikely that an earthquake like the one in
1703 could occur in the short term, but the possibility cannot be
totally excluded." That was enough to find them guilty of criminal
manslaughter. Apparently the Italian court system consists of a bunch
For ten years, I've been using this web site to predict things that,
unlike earthquakes, actually CAN be predicted. (See "List of major Generational Dynamics predictions" from 2008.) But that's not what bothers me.
What bothers me is that six scientists have been sentenced to jail for
doing their jobs honestly, as far as I can tell, while none of the
banksters that caused the financial crisis have gone to jail. If you
turn on CNBC or Bloomberg TV, you see banksters making 7-digit
salaries and bonues who lie constantly, particularly stock
price/earnings ratios, also called "valuations." If you look at the
Wall Street Journal , you'll see that the current S&P 500
price/earnings ratio is 17.03, far, far higher than the historical
average of 14, meaning that stocks are far overpriced. But the
so-called experts on CNBC and Bloomberg TV tell full-throated lies,
saying that valuations are around 7 or 8 or 9 or 10 or are
historically low. (See "14-Apr-12 World View -- Wharton School's Jeremy Siegel is lying about stock valuations" from earlier this year.) So we
scientists in Italy doing their jobs and being sent to jail by morons,
and we have crooks and liars on CNBC and Bloomberg TV who are NOT
going to jail. CS Monitor
North and South Korea exchange threats over leaflet-laden balloons
A group of North Korean defectors in South Korea have defied the South
Korean army and launched balloons carrying 120,000 leaflets criticizing
North Korea across the North Korean border. When the defectors
announced the plan last week, North Korea said its army will launch a
"merciless military strike" if the leaflet balloons were launch,
saying that the balloons were "undisguised psychological warfare."
South Korea immediately went on high alert and responded that it was
prepared to "completely destroy" the North Korean attack. However,
the South Korean army and police were sent out to stop the balloon
launch. The defectors evaded the army and launched most of the
balloons anyway. A U.S. envoy in Beijing said, "It is grossly
disproportionate to have threatened to respond to balloons with
bombs." Yonhap (Seoul) and Arirang (Seoul)
Lebanon's politicians turn against Hizbollah
Hizbollah is both an international terrorist group and a political
party in Lebanon, with links to Iran and to the Bashar al-Assad regime
in Syria. However, its continued support for al-Assad, as he's been
almost two years of extermination attacks on innocent Arab women and
children in their homes, has caused Hizbollah to be weakened, and
allowed opposition politicians in Lebanon to stand up to Hizbollah
where they previously didn't dare to do so. Particular criticism is
now being directed against Hizbollah for its use of weapons for any
purpose other than the "Resistance," where the word "Resistance"
refers to actions taken against Israel. Hizbollah's weapons are to
be used ONLY for the "resistance," but now Hizbollah is being
criticized for using its weapons illegally -- sometimes against Lebanese
people who oppose Hizbollah, but more importantly now in support
of Bashar al-Assad's extermination policy.
Lebanese President and former commander of the Lebanese army Michel
Suleiman, who became president of Lebanon in 2008 with the blessings
of Syria and Hizbollah, has now become particularly critical of
Hizbollah, and is demanding that Hizbollah's weapons be turned over to
[We] propose to approve a law to arm the Lebanese
army for the intermediate future, and to allocate sufficient
resources to develop its human and military capabilities, so that
it can formulate a plan to defend the country's land, air, and
sea. [Until then], all sides [must] agree on the framework and
appropriate mechanisms for use of the resistance weapons, for
determining who controls them, and for approving [a procedure for]
handing them over to the military, which is exclusively
responsible for operating mechanisms of power...
We have decided to arm the Lebanese military in five years, so
that it will have the exclusive capability to carry weapons in
Lebanon and defend the land."
A Hizbollah spokesman has replied:
"In Lebanon there is one party called Hizbollah. We do
not have a military wing and a political wing. We do not have
Hizbollah [on one hand] and the resistance party [on the
other]. Hizbollah is a political party and the resistance
party. The distinctions being drawn by certain people are
forbidden and nonexistent. ... No one is competing
with the state for exclusive control of weapons... However, if the
intention of the slogan [that the state should exclusively control
the weapons] is to disarm the resistance, then we say to them that
this is the last thing they should think of...
We will protect our weapons at any cost, [for] they are like the
blood flowing through our veins."
After 50 years of political unity, France and Germany's relations are increasingly hostile
After fighting two bitter wars in the first half of the 20th century,
Germany and France have generally been unified after World War II in pursuing
political objectives to guarantee that there would never be another
war. But the recent European Summit exposed huge policy differences between
German Chancellor Angela Merkel and French President François
Hollande, as well as the fact that they despise each other.
Some of the personal and policy differences are:
- Hollande doesn't want to forgive Merkel for openly supporting
his opponent, Nicolas Sarkozy, during France's last presidential election.
- Merkel suspects that Hollande is secretly planning a campaign against Merkel
in Germany's next election.
- Hollande suspects that Germany is using the budget issue as an
excuse to gain European dominance. Merkel is demanding the EU's right
to intervene in national budgets, which Hollande firmly rejects.
- Merkel is suspicious that France is joining forces with Spain and
Italy to form a joint axis against Germany.
- Hollande insists that the euro crisis can be solved only if Europe
shared liability for debts of individual countries. He's put forth several
proposals to accomplish this: euro bonds, euro bills, debt repayment fund.
- Hollande is critical of Germany's "obsession" with austerity and budget
- Hollande wanted to merge the German-France EADS aircraft maker with
the British defense contractor BAE, but Germany vetoed the merger.
- Merkel believes that Hollande is a novice in the business of
governing, and he is making mistakes that are accelerating France's
The Germans are particularly dismayed over Hollande's attempt to paint
himself as the spokesman of the southern EU countries. It upsets them
that he's is reviving old plans for a Mediterranean union on Europe's
southern edge, including four other Southern European and five North
African countries. Spiegel
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