DANCING NEBULA

DANCING NEBULA
When the gods dance...

Monday, June 3, 2013

What is Happening in Istanbul?



Görsel

By Tarihinde Yayımlandı
June 03, 2013 "Information Clearing House" -  To my friends who live outside of Turkey:

I am writing to let you know what is going on in Istanbul for the last five days. I personally have to write this because most of the media sources are shut down by the government and the word of mouth and the internet are the only ways left for us to explain ourselves and call for help and support.

Four days ago a group of people most of whom did not belong to any specific organization or ideology got together in Istanbul’s Gezi Park. Among them there were many of my friends and students.  Their reason was simple: To prevent and protest the upcoming demolishing of the park for the sake of building yet another shopping mall at very center of the city. There are numerous shopping malls in Istanbul, at least one in every neighborhood! The tearing down of the trees was supposed to begin early Thursday morning. People went to the park with their blankets, books and children. They put their tents down and spent the night under the trees.  Early in the morning when the bulldozers started to pull the hundred-year-old trees out of the ground, they stood up against them to stop the operation.

They did nothing other than standing in front of the machines.
No newspaper, no television channel was there to report the protest. It was a complete media black out.

But the police arrived with water cannon vehicles and pepper spray.  They chased the crowds out of the park.

In the evening the number of protesters multiplied. So did the number of police forces around the park. Meanwhile local government of Istanbul shut down all the ways leading up to Taksim square where the Gezi Park is located. The metro was shut down, ferries were cancelled, roads were blocked.
Yet more and more people made their way up to the center of the city by walking.
They came from all around Istanbul. They came from all different backgrounds, different ideologies, different religions. They all gathered to prevent the demolition of something bigger than the park:

The right to live as honorable citizens of this country.

They gathered and marched. Police chased them with pepper spray and tear gas and drove their tanks over people who offered the police food in return. Two young people were run over by the panzers and were killed. Another young woman, a friend of mine, was hit in the head by one of the incoming tear gas canisters. The police were shooting them straight into the crowd.  After a three hour operation she is still in Intensive Care Unit and in  very critical condition. As I write this we don’t know if she is going to make it. This blog is dedicated to her.

These people are my friends. They are my students, my relatives. They have no «hidden agenda» as the state likes to say. Their agenda is out there. It is very clear. The whole country is being sold to corporations by the government, for the construction of malls, luxury condominiums, freeways, dams and nuclear plants. The government is looking for (and creating when necessary) any excuse to attack Syria against its people’s will.

On top of all that, the government control over its people’s personal lives has become unbearable as of late. The state, under its conservative agenda passed many laws and regulations concerning abortion, cesarean birth, sale and use of alcohol and even the color of lipstick worn by the airline stewardesses.
People who are marching to the center of Istanbul are demanding their right to live freely and receive justice, protection and respect from the State. They demand to be involved in the decision-making processes about the city they live in.

What they have received instead is excessive force and enormous amounts of tear gas shot straight into their faces. Three people lost their eyes.
Yet they still march. Hundred of thousands join them. Couple of more thousand passed the Bosporus Bridge on foot to support the people of Taksim.
No newspaper or TV channel was there to report the events. They were busy with broadcasting news about Miss Turkey and “the strangest cat of the world”.
Police kept chasing people and spraying them with pepper spray to an extent that stray dogs and cats were poisoned and died by it.

Schools, hospitals and even 5 star hotels around Taksim Square opened their doors to the injured. Doctors filled the classrooms and hotel rooms to provide first aid. Some police officers refused to spray innocent people with tear gas and quit their jobs. Around the square they placed jammers to prevent internet connection and 3g networks were blocked. Residents and businesses in the area provided free wireless network for the people on the streets. Restaurants offered food and water for free.

People in Ankara and İzmir gathered on the streets to support the resistance in Istanbul.

Mainstream media kept showing Miss Turkey and “the strangest cat of the world”.
***
I am writing this letter so that you know what is going on in Istanbul. Mass media will not tell you any of this. Not in my country at least. Please post as many as articles as you see on the Internet and spread the word.
As I was posting articles that explained what is happening in Istanbul on my Facebook page last night someone asked me the following question:
«What are you hoping to gain by complaining about our country to foreigners?»
This blog is my answer to her.

By so called «complaining» about my country I am hoping to gain:

Freedom of expression and speech,

Respect for human rights,

Control over the decisions I make concerning my on my body,

The right to legally congregate in any part of the city without being considered a terrorist.

But most of all by spreading the word to you, my friends who live in other parts of the world, I am hoping to get your awareness, support and help!

Please spread the word and share this blog.

Thank you!

For futher info and things you can do for help please see Amnesty International’s Call for Urgent Help

Taken from Occupy Gezi Facebook page. Also used by Reuters

This article was originally published at İnsanlik Hali

Did Someone Say 'Wealth Tax'?

Too Much
THIS WEEK
Last week brought disturbing new stats on our unequal times, and we have them all in this week’s Too Much. Last week, on the cheerier side, also brought insightful new commentaries from three of our era’s top inequality analysts.
You'll find all three pieces below in our New Wisdom on Wealth sidebar. And the three certainly do have fresh new wisdom to offer. David Cay Johnson, for instance, helps us see how low taxes on high incomes give our CEOs an ongoing incentive to line their own pockets “at the expense of the enterprises they run.”
Chuck Collins, for his part, helps us understand another hidden impact of our top-heavy world, the phenomenon sociologists call the “intergenerational transmission of advantage.” Collins walks us through the games the wealthy play to boost their children’s prospects — at the expense of everyone else’s.
Chrystia Freeland, the last of our trio, riffs off recent sexist gabbing by billionaire Paul Tudor Jones to reflect upon our gender and income divides. The more our income gaps widen, Freeland notes, the greater “the social and political sway of those at the very, very top.” Societies that let the rich sway away, she reminds us, invite pathologies we’re only now beginning to understand.


GREED AT A GLANCE
Top U.S. corporate executives are, at last count, averaging 354 times more pay per year than average American workers. These CEOs compete in the same global markets as Norwegian CEOs. How much do big-time CEOs in Norway make? Norwegian CEOs, calculates Norway’s largest daily, average 16 times what their workers earn. Some do make more — and get plenty of grief for making it. Headlines in Norway have recently been bashing Helge Lund, the top exec at Norway’s largest oil company. He’s pulling in $2.4 million a year. That sum strikes Norwegians as outrageous. Lund no doubt considers himself a bargain. Chevron CEO John Watson is pulling in 10 times his compensation . . .
Lloyd BlankfeinNo banker in North America, Bloomberg Markets Magazinereported last week, took home more in 2012 than the $26 million that went to Lloyd Blankfein, the CEO of Wall Street giant Goldman Sachs. Blankfein guided Goldman to $7.5 billion in profits last year. Along the way he guided 900 Goldman employees into unemployment. The shedding of bank jobs, industry-wide, has continued on into 2013. In this year’s first quarter, America’s six largest banks announced 21,000 layoffs. But banks aren’t just rewarding execs like Lloyd Blankfein for cutting jobs. They’re hiring like crazy at the executive level. The resulting “competition for business leadership” has headhunter firms doing a bang-up business. At the executive search firm Heidrick & Struggles, revenues from New York bank clients have jumped 25 percent . . .
In the race for global supremacy in dissolute extravagance, the Mediterranean deep-pocket playground of Monaco has now trumped the desert oasis of Las Vegas. Both cities have exclusive night clubs that have been offering up — for a mere $500,000 — a nine-bottle “Dynastie Collection” set of Armand de Brignac champagne. Late last month, at Monaco’s “Billionaire Club,” British financial adviser Charles Shaker became the first club patron anywhere in the world to shell out for the nine-bottle collection. The club crowd, one party-goer later told reporters, “went crazy,” with everyone “trying to take pictures, cheering and clapping.” Another “Dynastie Collection” set remains on sale — and unsold — at Hakkasan Las Vegas, a “nightlife mecca” at the MGM Grand Hotel and Casino.


   
Quote of the Week
“In most recessions, societies become more equal. Unemployment may rise and wages stagnate. But the gap between the top and the rest narrows as those with the most to lose lose the most. In our time, the gap is widening, and I am tired of hearing lectures on how we can do nothing about it from supporters of the status quo, who have been wrong about everything for years.”
Nick CohenThe Observer,June 1, 2013
PETULANT PLUTOCRAT OF THE WEEK
Stephen FincherTennessee voters elected Stephen Fincher to Congress in 2010 as a Tea Party Republican, and Fincher, a heavyweight in agribusiness, has not disappointed the small-government crowd. Washington, he told a Memphis audience last month,has gone “out of control,” making moves “to steal money” from some to “give it to others.” Fincher has been especially vocal in this year’s food stamp budget debates. He wants two million poor families cut off from food stamp benefits. But Fincher’s commitment to “small government” doesn’t apparently extend up the income ladder. Between 1999 and 2012, the Environmental Working Group reports, Fincher personally collected $3.48 million in federal farm subsidies.




IMAGES OF INEQUALITY
Monaco Grand Prix
The world’s glitterati descended on Monaco at the end of May for the annual auto Grand Prix race. The engines won’t start roaring again until next May. By that time, realtors hope to have sold the five-floor penthouse now under construction in Monaco’s newest high-rise tower. The expected sale price: $386 million.




Web Gem
Genuine Progress/ How do we measure progress in a way that takes inequality into account?
PROGRESS AND PROMISE
In New York, a New Lid on Contractor Pay
New York governor Andrew Cuomo can’t seem to figure out whether he wants to wink at inequality or fight it. He’s just proposed an ill-advised initiative that wouldflood the state with special zones that exempt corporate execs from sales, property, and income taxes. On the more sensible side: Starting this July 1 New York will be limiting annual CEO pay at nonprofit and for-profit service providers that collect at least 30 percent of their revenues from state tax dollars. Execs at these providers won’t be allowed to grab over $199,000 a year. The loophole: Agencies can use revenue from non-taxpayer sources to boost pay over $200,000. But they first have to file a waiver to gain approval. CEO paychecks at taxpayer-subsidized service providers in New York have in recent years run as high as $3 million. Corporate pay consultants, predictably, are kvetching over the precedent the governor’s porous but still promising pay cap sets.

Take Action
on Inequality
Help bring the film version of The Spirit Level, this century's most important book on inequality, to a theater near you. For starters, watch the film's just-released two-minute trailer.
INEQUALITY BY THE NUMBERS
Global wealth



Stat of the Week
Households holding over $1 million worth of stocks, bonds, and other financial assets make up just 0.9 percent of global households, computes the latest annual Boston Consulting Group wealth report.
IN FOCUS
Let's Talk Taxes, Let's Talk Trillions
America's deepest pockets, a new report shows, are saving big bucks from the U.S. tax code's wide assortment of income tax breaks. They're saving even more from the absence of a wealth tax.
A hundred years ago, in 1913, Congress wrote into law a federal income tax. Lawmakers have been dotting the tax code, almost ever since, with an assortment of “never-minds” that hand most of us, at one time or another, discounts at tax time.
These discounts can come in handy. If you buy a home, you get to deduct off your taxes the mortgage interest you pay. If you’re raising a family, you get to claim tax credit for your children. If you retire, you can exclude Social Security income from taxes.
And if you make a killing trading on the stock market, you only have to pay taxes on your windfall at half the normal tax rate.
How much do all these deductions, credits, exclusions, and preferential tax rates cost the federal treasury? Representative Chris Van Hollen, a lawmaker from Maryland, wanted to know. He asked the nonpartisan Congressional Budget Office to calculate exactly how much “tax expenditures” — the wonky label in Washington for tax never-minds — were actually costing.
Van Hollen also asked the CBO to calculate which American taxpayers, by income level, were benefiting the most from these tax expenditures.
Last week, the CBO reported back — with some big numbers: The top 10 special tax breaks in the federal tax code will cost the federal government $900 billion in 2013 and $12 trillion over the next decade.
And most of the benefits from all these trillions in tax savings, the CBO found, are cascading down to America’s most comfortable.
If tax expenditures operated on a totally neutral basis, America’s most affluent 1 percent would be receiving just 1 percent of the taxpayer savings that tax expenditures generate. In fact, the CBO calculates, the top 1 percent of U.S. taxpayers are receiving 17 percent of tax expenditure benefits.
Project these numbers over a decade, and the tax savings for America’s most affluent really start to add up. Over the next ten years, if current law remains in effect, tax expenditures will pour $3.6 trillion into the pockets of America's top 5 percent of income earners — and $1.9 trillion into the pockets of America’s top 1 percent, households that make over $450,000.
But the enormity of these trillions only hints at how light a tax burden rests on our rich, suggests another new study released last week, the annual global wealth survey from researchers at the Boston Consulting Group.
Just under 5 percent of America’s households, says this new study, now hold at least $1 million each in financial wealth, assets like stocks and other securities, the dollars in savings and checking accounts, and the like.
In 2012, the total net worth of these top 5 percent households pumped up America’s total financial wealth to $39 trillion, a total a trillion dollars higher than the combined financial wealth of Japan, China, and Germany, the world’s next three richest nations.
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America’s wealthiest households pay no annual federal taxes on any of these trillions. Why? The United States has no annual federal tax onfinancial wealth.
We do, on the other hand, have a tax on property wealth. This property tax — a state and local government levy — essentially amounts to a tax on America's middle class. That's because residential property makes up the bulk of American middle class wealth — 66 percent, on average, the latest Fed figures show.
For households in America’s richest 1 percent, by contrast, home sweet home accounts for only 9.4 percent of household net worth.
In other words, in America today, we tax the wealth of the middle class on an annual basis. We essentially give the wealth of the wealthy a free pass.
Other nations do tax the wealth of the rich. One of these nations, France, has just upped the rates on its “wealth tax.” French households with over $21.5 million in wealth are now paying this wealth tax at nearly a 2 percent annual rate.
How much would an annual 2 percent wealth tax raise from America’s millionaire households? Research from the Deloitte Center for Financial Services can help us here. Deloitte researchers have calculated that American millionaire households in 2011 held $38.6 trillion in total, not just financial, net worth.
In 2020, Deloitte estimates, U.S. households worth at least $1 million will hold $87.1 trillion in wealth, over five times the size of that year's entire estimated federal debt. A 2 percent annual tax on this $87.1 trillion would raise over $1.7 trillion. Some perspective: In 2020, the Congressional Budget Office estimates, the personal income tax bill for all Americans will total $2.16 trillion.
The new CBO numbers on tax expenditures, says Representative Chris Van Hollen from Maryland, show clearly that current federal income tax deductions, credits, exclusions, and preferences skew “disproportionately to the highest 1 percent of income earners.”
America's absence of any national annual tax on the wealth of our wealthy skews this lopsided, top-tilting tax picture a good bit more.

New Wisdom
on Wealth
Chuck Collins, The Wealthy Kids Are All RightAmerican Prospect, May 28, 2013. In a tough economy with dwindling social supports, children of privilege have a huge head start.
Chrystia Freeland, Sexist Mores of Super-Rich Hurt Us AllReuters, May 30, 2013. Some deeper reflections on the latest controversy around hedge fund billionaire Paul Tudor Jones.
David Cay Johnston,Inequality Rising — All Thanks To Government PoliciesNational Memo, May 31, 2013. How U.S. tax, union bargaining, inheritance, and other rules widen the growing divide between those at the top and everyone else.





























The Rich Don’t Always Win: The Forgotten Triumph over Plutocracy that Created the American Middle Class cover
Learn more about this new history of America's first triumph over plutocracy.
NEW AND NOTABLE
Behind All Our Global Immigration Debates
Branko MilanovicBranko Milanovic, Global Income Inequality by the Numbers: In History and Now: An Overview, New Economic Thinking and Columbia University, February 2013.
Location, location, location. That’s all that matters, goes the old real estate agent bromide. That goes double, says economist Branko Milanovic, for understanding global economic inequality.
Milanovic, the lead research economist at the World Bank, prepared this analysis for a conference on global income inequality held this past winter. The journal Global Policy will shortly be publishing an updated version, and the wider circulation of this new version will almost certainly recharge the debate over how we address our globe’s staggering economic inequality.
The bottom line as Milanovic sees it: What part of the world your birth places you in matters much more to your economic status than ever before. Asks Milanovic: “Is citizenship — belonging to a given country, most often through birth — something that gives us by itself the right to greater income?”
Rich countries are so far answering with a resounding “yes.” The amount of aid the world’s wealthy nations currently lay out for development assistance, Milanovic points out, comes to not much over $100 billion a year, “just five times more than the bonus Goldman Sachs paid itself during one crisis year.”
If global economic elites continue to allow location to drive global economic inequality, Milanovic concludes, the tensions that mass global migrations create will only escalate enormously over coming decades. 



Sunday, June 2, 2013


Tomorrow


Blockupy paralyzes Frankfurt for second year in a row


by Peter Storm on June 2, 2013

Post image for Blockupy paralyzes Frankfurt for second year in a row
Clashes break out as police try to keep thousands of Blockupy activists from shutting down the European Central Bank in Frankfurt’s financial district.

This Saturday, June 1, was not just the day of the breakthrough of protest in Turkey, with the police withdrawing from Taksim Square and thousands of protesters occupying it. On the same day, tens of thousands of protesters marched throughout Europe. In Frankfurt, thousands demonstrated against a central financial institution in the heartland of neoliberal Europe, a day after actually blocking it. For the second year in a row, a sizeable, militant Blockupy action was held in front of the European Central Bank (ECB) in Frankfurt.

The choice of target is as significant as the name of the action. Together with the EU and IMF, the ECB is part of the so-called Troika of foreign lenders, who together impose stringent austerity policies in return for bailouts. Simply put: the Greek government owes billions to Western banks; the Troika loans billions to the Greek government to pay back its creditors; the Troika then demands that the Greek government lowers pensions, attacks social security, lays off workers in the public sector — all to save some money to pay the creditors.

The same happens in Spain, Portugal, Ireland, Cyprus, and where else in the future…? The ECB, as part of the Troika, is rightly seen as centrally responsible for this socially devastating bailout-cum-austerity package deal. Austerity in Europe is condemning millions to poverty, homelessness and unemployment. Unemployment in the eurozone as a whole now stands at 12.2 percent, youth unemployment at 24.4 percent. These are averages. In Greece, no less than 62.5 percent of those of 25 years of age and younger were unemployed in February.

Austerity is pushing the economy into chronic recession: people who don’t have money cannot spend it in shops; consumption markets are drying up; ever more people lose their jobs. From a mainstream economic point of view, austerity “is not working”: it actually makes things worse. But from the view of bankers and creditors wanting their money back, it’s working very well. And from the view of capitalists and governments, who want to get rid of as many taxes and social security provisions as possible, it’s working splendidly — thank you very much!
But the whole austerity program is provoking enormous anger — and the Blockupy protests are both an expression of that anger and an expression of solidarity to all those suffering and fighting back. This is why the name is so significant: it signifies an escalation of the Occupy movement, which previously limited itself mostly to occupying public place. This action does not just occupy; it actually – if only temporarily and symbolically – intends to block one of the central institutions of European capitalism. Of course, the state reacts in its usual repressive manner.

On May 31, there was an actual blockade of the ECB building in Frankfurt. Demonstrators, several thousands of them, blocked the entrance streets to the bank building. “Humanity above profits” was one of the key slogans. There was plenty of police at the scene, fully prepared with pepper spray and water cannons. A police helicopter kept watch overhead. There were scuffles, and a number of arrests. There was a demonstration near the airport as well.

On June 1, the next Blockupy action took place: a demonstration in Frankfurt. The march started peacefully – until riot police blocked the route. Fighting broke out, with a demonstrators throwing objects at police, and with police kettling demonstrators and attacking them with pepper spray. Exact numbers are not clear, but the Turkish news site Zaman mentions 7,000 protesters, signs reading ‘Make love, not war’ and ‘IMF, get out of Greece’”. Dutch media speak of “thousands of demonstrators”, which, translated back into the reality-based community, probably means many thousands.

However, it was not just the protest in Frankfurt that was important. Protesters rallied in Portugal, Greece and Spain as well – three countries where austerity and impoverishment have struck hardest. June 1, although slightly overshadowed by the spectacular events unfolding in Turkey, was truly an international day of action against capitalism and the many anti-social ways in which it tends to solve its crises.

Compared to last year, the Blockupy action seems to have been a step forward in terms of strength and organization. Last year, riot police practically made demonstrating impossible through mass preventive arrests and an overwhelming presence in the streets. Back then, people jokingly said that there was an effective blockade of the ECB: by the police itself, whose exaggerated presence was more effective at blocking traffic through Frankfurt’s financial district than the organizers of Blockupy had ever dreamed of achieving themselves.

This year, it seems that there was much more of an actual blockade by the demonstrators themselves, marking significant progress. Hopefully , the activists will be back in stronger force next year — and maybe much, much sooner.

Peter Storm is a blogger from the Netherlands and writes on ravotr.nl.

Apple fights US charges over e-book price-fixing

Steve Jobs  
Steve Jobs described Apple's strategy as an "aikido move"
 

Technology giant Apple is to begin its defence against charges by the US government that it tried to fix the prices of e-books.

The iPad-maker is accused of working with publishers in 2009 to set prices in an effort to compete in the e-book market dominated by Amazon.

Quotes from Steve Jobs' official biography have been cited as evidence in the case.

The three-week, non-jury trial begins on Monday in New York.
The US Department of Justice alleges that Apple agreed with publishers that they should set the price of e-books, rather than allowing individual retailers to do so - a system known as the "agency model".
Prosecutors claim this allowed Apple to take a percentage of sales made through its iBooks platform. They allege that this practice prevented Amazon from charging lower prices.

Five publishers originally named as defendants alongside Apple have already reached settlements in which they agreed to terminate their e-book agreements with Apple.

The largest settlement was with Penguin for $75m (£49m).
Hachette, HarperCollins and Simon & Schuster created a $69m fund for refunds to consumers and Macmillan settled for $26m.
Apple chief executive Tim Cook recently dismissed the idea of a settlement with the government.

"We didn't do anything wrong there," he said. "We're going to fight."
But the Justice Department has included quotes attributed to the former chief executive Steve Jobs, taken from his authorized biography, in its case.

It says Mr Jobs explained to his biographer that Apple had told publishers: "We'll go to the agency model, where you set the price, and we get our 30%, and yes, the customer pays a little more, but that's what you want anyway."

He was also quoted as describing the strategy as an "aikido move" - a reference to a Japanese martial art.

Apple's defence team argue that any agreement with publishers did not affect their dealings with other retailers such as Amazon.