September 19, 2012

Posted by orrinj at 8:15 PM

THE HEAVY PERFORM IN THE CURRENT STUDIOS (Mary Lucia, Minnesota Public Radio, Scott Olstad, Minnesota Public Radio, September 19, 2012, The Current)

The Current has been following The Heavy since they performed on our stage at SXSW 2008. The group visited our studios for another performance in 2009.

While in town for their Wednesday night performance at the Fine Line Music Cafe, The Heavy stopped by The Current studios once again to play a few songs and chat with Mary Lucia.

Posted by orrinj at 8:13 PM


George Zimmerman's DNA, not Trayvon Martin's, found on gun (Michael Muskal, September 19, 2012, LA Times)

Only DNA from George Zimmerman was found on the grip of the gun that was used in the fatal shooting of unarmed teenager Trayvon Martin, according to DNA test results released Wednesday.

Posted by orrinj at 5:34 AM


Sweden 22-U.S. 35 (WSJ, 9/18/12)'

The headline above is not an athletic game score, and in this contest you want to be on the lower end. We're talking about the corporate tax rate, which Sweden's Prime Minister Fredrik Reinfeldt has announced that he intends to cut to 22% from 26.3% as part of his next budget.

The rate cut will be partially offset by closing some loopholes, but it will leave famously high-tax Sweden with one of the lowest corporate tax rates in Western Europe. With a top marginal personal income-tax rate of 57% and government spending equal to 56% of GDP, Sweden is no free-market paradise. But over the past two decades, Sweden has cut its public debt to 33% of GDP from a high of nearly 80% in the 1990s. It has also kept the budget at or near balance.

In announcing the cut last week, Mr. Reinfeldt called the corporate income tax "probably the most harmful tax of all" because it hits job creation and business investment. 

Tax what you don't want, not what you do.
Posted by orrinj at 5:31 AM


How Obama Trapped Himself in Chicago Teachers' Strike (Ruth Conniff, September 18, 2012, The Progressive)

But what tripped up Obama the most is that he has essentially adopted George W. Bush's free-market, live-and-let-die education policies--but is running with the support of people who desperately want him to defend public schools against increasingly aggressive rightwing attacks.

For years, Obama and other Democrats who back a competitive, high-stakes approach to education reform have been at odds with the fundamental, traditional values of their party.

Posted by orrinj at 5:17 AM


China still lead buyer of U.S. securities (Catherine Tymkiw, September 18, 2012, CNN-Money)

 Global demand for U.S. securities is still strong, with China remaining the largest foreign holder of U.S. debt, according to the Treasury Department's latest report on foreign holdings.

The U.S. government's top international creditor continued to add to its holdings, albeit modestly, according to the July Treasury International Capital report, which measures the flow of funds into and out of U.S. securities, including Treasuries, agency-backed securities, corporate debt and stocks, as well as banking capital flows.

In July, Chinese investors increased their holdings by $2.6 billion to $1.15 trillion.

Posted by orrinj at 5:04 AM


Baltasar to Adapt Laxness' Independent People (Iceland Review, 9/18/12)

Icelandic film director Baltasar Kormákur is preparing a film adaptation of Nobel Prize in Literature laureate Halldór Laxness' Independent People. Baltasar announced yesterday that he had secured the rights to the work.

A great novel.

Posted by orrinj at 4:59 AM


Why She Cries at Movies, While He Snores (Tom Jacobs, 9/17/12, Pacific Standard)

Think back to the first time you saw West Side Story. Didn't you feel for Tony and Maria, the racially mixed couple whose poignant love story ends in tragedy?

If your answer is "no," chances are you are a man.

Let us stipulate immediately that this does not prove men are unfeeling pigs. Rather, the impulse to sympathize with a fictional character seems to be triggered in different ways for males and females.

At least, that's the conclusion of a new study by psychologists Thalia Goldstein and Ellen Winner, which tracked reactions to Leonard Bernstein's musical theater masterpiece. It found men tend to sympathize with the people on stage only if they are personally moved by their plight.

For women, merely perceiving a character is in pain is sufficient to elicit feelings of compassion.

...that the major difference is that men, being moral creatures, judge the characters.