

![]() |
European Union (Photo credit: Wikipedia) |
Wall Street Journal: Repressing the Internet, Western-Style: As the British police, armed with the latest facial-recognition technology, go through the footage captured by their numerous closed-circuit TV cameras and study chat transcripts and geolocation data, they are likely to identify many of the culprits. ..... Authoritarian states are monitoring these developments closely. .... They hope for at least partial vindication of their own repressive policies. ..... Prime Minister David Cameron said that the government should consider blocking access to social media for people who plot violence or disorder. ...... After the recent massacre in Norway, many European politicians voiced their concern that anonymous anti-immigrant comments on the Web were inciting extremism. They are now debating ways to limit online anonymity. ....... acts of terror briefly deprive us of the ability to think straight. We are also distracted by the universal tendency to imagine technology as a liberating force; it keeps us from noticing that governments already have more power than is healthy. ...... After violent riots in 2009, Chinese officials had no qualms about cutting off the Xinjiang region's Internet access for 10 months. ...... In their concern to stop not just mob violence but commercial crimes like piracy and file-sharing, Western politicians have proposed new tools for examining Web traffic and changes in the basic architecture of the Internet to simplify surveillance. ..... Should America and Europe abandon any pretense of even wanting to promote democracy abroad? Or should they try to figure out how to increase the resilience of their political institutions in the face of the Internet?I have never believed in political violence. I don't today. But I do believe in mass action. I don't believe in rioting. But then I don't see the London riots as simply a law and order problem.
New York Times: Second Recession in U.S. Could Be Worse Than First: the economy is much weaker than it was at the outset of the last recession in December 2007, with most major measures of economic health — including jobs, incomes, output and industrial production — worse today than they were back then. And growth has been so weak that almost no ground has been recouped, even though a recovery technically started in June 2009. ..... When the last downturn hit, the credit bubble left Americans with lots of fat to cut, but a new one would force families to cut from the bone. Making things worse, policy makers used most of the economic tools at their disposal to combat the last recession, and have few options available. ....... the four years since the recession began ...... Today the economy has 5 percent fewer jobs — or 6.8 million — than it had before the last recession began. The unemployment rate was 5 percent then, compared with 9.1 percent today..... the typical private sector worker has a shorter workweek today than four years ago...... Income levels are low, and moving in the wrong direction ...... with construction nearly nonexistent and home prices down 24 percent since December 2007, the country does not have a buffer in housing to fall back on. ..... the economy is smaller today than it was when the recession began ....... Unlike during the first downturn, there would be few policy remedies available if the economy were to revert back into recession. ....... Interest rates cannot be pushed down further — they are already at zero. The Fed has already flooded the financial markets with money by buying billions in mortgage securities and Treasury bonds, and economists do not even agree on whether those purchases substantially helped the economy. So the Fed may not see much upside to going through another politically controversial round of buying. ...... at the end of 2007, the federal debt was 64.4 percent of the economy. Today, it is estimated at around 100 percent of gross domestic product, a share not seen since the aftermath of World War II, and there is little chance of lawmakers reaching consensus on additional stimulus that would increase the debt. ...... “There is no approachable precedent, at least in the postwar era, for what happens when an economy with 9 percent unemployment falls back into recession” ...... 1937, when there was also a premature withdrawal of fiscal stimulus, and the economy fell into another recession more painful than the first ..... Corporate profits are at record highsEven before this recession hit in 2007 China was on schedule to become the number one economy in the world by 2016. Continued policy mistakes in America might only hasten that process. There has been much self destructive behavior.
New York Times: London Sees Twin Perils Converging to Fuel Riot: Frustration in this impoverished neighborhood, as in many others in Britain, has mounted as the government’s austerity budget has forced deep cuts in social services. At the same time, a widely held disdain for law enforcement here, where a large Afro-Caribbean population has felt singled out by the police for abuse, has only intensified through the drumbeat of scandal that has racked Scotland Yard in recent weeks and led to the resignation of the force’s two top commanders...... there was not long to wait until a new one erupted: across London, skirmishes broke out on Sunday between groups of young people and large numbers of riot police officers, which one officer said were drawn from forces around London. ...... In Enfield, a usually calm suburb, shop windows were smashed and debris lay in the street. In nearby Edmonton, groups of young people gathered near damaged storefronts. In Tottenham itself, roads were closed, a helicopter hovered overhead and squads of police vans swooped in to make arrests in side streets. ....... The march turned into a pitched battle between hundreds of officers, some on horses, and equal numbers of rioters, wearing bandannas and armed with makeshift weapons that included table legs and an aluminum crutch. Looting throughout northern London continued past dawn, leaving streets littered with glass. In daylight, residents emerged to survey buildings, many considered landmarks, that had been left gutted and smoldering. ........ unless endemic youth unemployment in Tottenham was curbed, “this will happen again. These kids don’t care. They don’t have to pay for this damage, we do. Working people do. What do they have to lose?” ...... many voiced concern that looters in other areas of London had been allowed to smash and steal for several hours before officers arrived. ....... Economic malaise and cuts in spending and services instituted by the Conservative-led government have been recurring flashpoints for months. ....... Prince Charles and his wife, Camilla, the Duchess of Cornwall, were attacked in their Rolls-Royce as protesters — some of whom were subsequently jailed — shouted “Tory scum,” a reference to the Conservative Party’s traditional links with the aristocracy, and “off with their heads!” In March, a reported 500,000 people marched against the cuts, with some protesters occupying the exclusive food store Fortnum & Mason — Prince Charles’s grocer. ...... one man shouted, “This is our battle!” When asked what he meant, the man, Paul Rook, 47, explained that he felt the rioters were taking on “the ruling class.” ....... As the budget cuts take hold, risk of unemployment increases and social measures like youth projects are sacrificed, Mr. Beech said, and “all logic says there will be an increase in antisocial behavior.” “Boredom, alienation and isolation are going to be factors”