The Ten Commandments of the American Religion

James Altucher:

If I stand in the center of Times Square New York City and said something like “Moses didn’t part the Red Sea” or “Jesus never existed” everyone would just keep walking around me, ignoring what I said, etc. Whatever, they would be thinking, I have things to do, very important things that have to get done. And this guy is clearly crazy so not worth my time.

But if I stood there and said, “going to college is the worst sin you can force your kids to commit”, or “you should never vote again” or “World War II was not a holy war” or “never own a home again”, I would probably be lynched on the spot.

The American Religion is a fickle and false religion. Used to replace the ideologies we (a country of immigrants) escaped from with tenets that don’t withstand the test of time. With random high priests lurking all over the Internet, ready to pounce. Below are some of the tenets of the American Religion. If you think there are more, list them in the comments.

Germany’s Choice

Suddent Debt:

Germany is the world’s #2 exporter, very close behind China. In 2010 it exported a total of 960 billion euro, amounting to 42% of its GDP. Its trade surplus came to 153 billion euro, almost 7% of GDP. Impressive stuff, no doubt, and an achievement that Germans are justly proud of.

But, not all surpluses are created equal… 35 billion of that surplus, a whopping 23%, was accounted by just four countries: Italy, Spain, Greece and Portugal. Yes, to a very large extent the PIGSs’ munching at the trough was what kept Germans working in their factories. And if you just add France, another country that is currently screeching towards the borderline of fiscal probity – at least according to financial markets – the numbers get even more interesting. Germany’s PIGS+F trade surplus jumps to 64 billion, a full 42% of Germany’s entire trade surplus. In GDP terms (trade surplus is GDP-additive), PIGS+F surplus accounts for nearly 3% of Germany’s economy.

Don Norman: Google doesn’t get people, it sells them

Bobbie Johnson:

“What is Google? What do they sell?” asks Don Norman, the author of The Design of Everyday Things and a demigod of the design world.



It’s a question that gets asked a lot, especially as the company’s power and products continue to expand. In a talk on Friday at the dConstruct conference in Brighton, England, he pointed out that –despite the complexity of the organization — the answer usually looks pretty simple.



“They have lots of people, lots of servers, they have Android, they have Google Docs, they just bought Motorola. Most people would say ‘we’re the users, and the product is advertising’,” he said. “But in fact the advertisers are the users and you are the product.”



Then he went further. “They say their goal is to gather all the knowledge in the world in one place, but really their goal is to gather all of the people in the world and sell them.”

“Can Intervention Work?” by Rory Stewart and Gerald Knaus Can Intervention Work?

Rory Stewart and Gerald Knaus; Review by Seth Jones:

In his classic “Twenty-Seven Articles,” published in the Arab Bulletin in August 1917, the renowned British Army officer T.E. Lawrence advised beginners to use prudence when working with Arab armies. “Do not try to do too much with your own hands,” he warned. “Better the Arabs do it tolerably than that you do it perfectly. It is their war, and you are to help them, not to win it for them.”



It was sage advice from a seasoned warrior who traipsed around the Middle East wearing local garb, speaking several Arab dialects and living with Arab irregulars during their struggle against the Ottoman Empire. Since that time, the United States and Europe have engaged in dozens of interventions across the globe, from occupied Germany after World War II to the soft, limestone cave complexes of Afghanistan after 9/11. In some cases, as in Germany and Bosnia, these interventions have achieved impressive results. But in others, as in Somalia in the early 1990s, they have gone gravely awry.

Kinky for Perry

Kinky Friedman:

Rick Perry has never lost an election; I’ve never won one. Maybe that’s what’s wrong with the world. On the other hand, I’ve long been friends with Bill Clinton and George W., and Rick Perry and I, though at times bitter adversaries, have remained friends as well. It’s not always easy to maintain friendships with politicians. To paraphrase Charles Lamb, you have to work at it like some men toil after virtue.



I have been quoted as saying that when I die, I am to be cremated, and the ashes are to be thrown in Rick Perry’s hair. Yet, simply put, Rick Perry and I are incapable of resisting each other’s charm. He is not only a good sport, he is a good, kindhearted man, and he once sat in on drums with ZZ Top. A guy like that can’t be all bad. When I ran for governor of Texas as an independent in 2006, the Crips and the Bloods ganged up on me. When I lost, I drove off in a 1937 Snit, refusing to concede to Perry. Three days later Rick called to give me a gracious little pep talk, effectively talking me down from jumping off the bridge of my nose. Very few others were calling at that time, by the way. Such is the nature of winning and losing and politicians and life. You might call what Rick did an act of random kindness. Yet in my mind it made him more than a politician, more than a musician; it made him a mensch.

I snapped this K for governor bumper sticker a few years ago. It appears that the worm is turning on Obama….

Frum thinks differently.

SPIEGEL Interview with Mikhail Gorbachev

der Spiegel:SPIEGEL: Mikhail Sergeyevich, you turned 80 this spring. How do you feel?



Gorbachev: Oh, what a question. Do you have to ask me that? I’ve gone through three operations in the last five years. That was pretty tough on me, because they were all major operations: First on my carotid artery, then on my prostate and this year on my spine.



SPIEGEL: In Munich.



Gorbachev: Yes. It was a risky procedure. I’m grateful to the Germans.



SPIEGEL: But you look good. We saw you before the operation.



Gorbachev: They say you need three or four months to get back to normal after an operation like that. Do you remember the book “The Fourth Vertebra,” by the Finnish author Martti Larni? It is a wonderful book. In my case it was the fifth (vertebra). I’ve started walking again, but every beginning is difficult.



SPIEGEL: And yet you are back in politics, and you’re even making headlines again. Why don’t you finally sit back and relax?



Gorbachev: Politics is my second love, next to my love for Raisa.



SPIEGEL: Your deceased wife.

Taibbi, the SEC & Wall Street

Matt Taibbi:

A whistleblower claims that over the past two decades, the agency has destroyed records of thousands of investigations, whitewashing the files of some of the nation’s worst financial criminals.

Imagine a world in which a man who is repeatedly investigated for a string of serious crimes, but never prosecuted, has his slate wiped clean every time the cops fail to make a case. No more Lifetime channel specials where the murderer is unveiled after police stumble upon past intrigues in some old file – “Hey, chief, didja know this guy had two wives die falling down the stairs?” No more burglary sprees cracked when some sharp cop sees the same name pop up in one too many witness statements. This is a different world, one far friendlier to lawbreakers, where even the suspicion of wrongdoing gets wiped from the record.



That, it now appears, is exactly how the Securities and Exchange Commission has been treating the Wall Street criminals who cratered the global economy a few years back. For the past two decades, according to a whistle-blower at the SEC who recently came forward to Congress, the agency has been systematically destroying records of its preliminary investigations once they are closed. By whitewashing the files of some of the nation’s worst financial criminals, the SEC has kept an entire generation of federal investigators in the dark about past inquiries into insider trading, fraud and market manipulation against companies like Goldman Sachs, Deutsche Bank and AIG. With a few strokes of the keyboard, the evidence gathered during thousands of investigations – “18,000 … including Madoff,” as one high-ranking SEC official put it during a panicked meeting about the destruction – has apparently disappeared forever into the wormhole of history.

Under a deal the SEC worked out with the National Archives and Records Administration, all of the agency’s records – “including case files relating to preliminary investigations” – are supposed to be maintained for at least 25 years. But the SEC, using history-altering practices that for once actually deserve the overused and usually hysterical term “Orwellian,” devised an elaborate and possibly illegal system under which staffers were directed to dispose of the documents from any preliminary inquiry that did not receive approval from senior staff to become a full-blown, formal investigation. Amazingly, the wholesale destruction of the cases – known as MUIs, or “Matters Under Inquiry” – was not something done on the sly, in secret. The enforcement division of the SEC even spelled out the procedure in writing, on the commission’s internal website. “After you have closed a MUI that has not become an investigation,” the site advised staffers, “you should dispose of any documents obtained in connection with the MUI.”


Many of the destroyed files involved companies and individuals who would later play prominent roles in the economic meltdown of 2008. Two MUIs involving con artist Bernie Madoff vanished. So did a 2002 inquiry into financial fraud at Lehman Brothers, as well as a 2005 case of insider trading at the same soon-to-be-bankrupt bank. A 2009 preliminary investigation of insider trading by Goldman Sachs was deleted, along with records for at least three cases involving the infamous hedge fund SAC Capital.

Pacific Influence

Gideon Rachman:

When Admiral Timothy Keating, the head of America’s Pacific command, met a senior Chinese admiral in 2008, he heard a surprising offer. Keating reported that his unnamed counterpart had suggested drawing a line down the middle of the Pacific and added: “You guys can have the east part of the Pacific, Hawaii to the States. We’ll take the west part of the Pacific, from Hawaii to China.” It was a weak joke, perhaps, but one that touched on what is likely to be the most sensitive and important topic in international politics over the next 50 years. Will the US continue to be the dominant power in the Pacific and in east Asia – or will it be supplanted by China? And what role will be played by India, the country that many strategists assume will be the third superpower of the 21st century?

The public statements of American, Chinese and Indian political leaders – and even of the academic establishments in all three countries – tend to stress the necessity for great power co-operation in Asia and the Pacific. The economic and political benefits of working together are said to be too great to ignore. The dangers of allowing international rivalries to grow are too enormous to be contemplated.

Beware the guns of August

Gideon Rachman:

By the time this column is published I will be on holiday in France, and the US might finally have stepped back from the abyss of debt default.

Viewed from Europe, the American financial uproar is baffling. It is not just the entirely avoidable nature of the crisis. It is also its timing. The entire European political calendar is constructed around the idea that nothing ever happens – or should be allowed to happen – in August.

The drama that surrounded the emergency eurozone summit in Brussels in late July was partly caused by the threat of financial chaos, if Greece was not lent more money. But an unstated reason for the sense of urgency of the leaders around the conference table was a desperate desire to get a deal wrapped up – before the holiday season began in earnest.

Judged in these limited terms, the summit deal might be counted a success. It surely has not solved the crisis in the eurozone. But the European Union’s leaders might have done enough to ensure that there will probably be no call for further emergency summits until after the rentrée in early September.

Being the Last Tourist in Syria

Emmy Sky:

Is this your first visit to Syria, the passport-control man asks me. No, I tell him, I came here once before over a decade ago. He stamps my passport. I had been very lucky to get a Syrian visa this time. The travel advice was not to visit. The Syrian regime is very wary of foreigners, fearing that journalists and spies are inflaming the situation further. I collect my bag and walk through customs, passing a poster, of modest size, of President Bashar al-Assad with the words in Arabic proclaiming: “Leader of the youth, hope of the youth.”



I jump in a taxi. I ask the driver how are things in Syria. Things are fine, he assures me. There has been some trouble around the country, but things are OK in Damascus. As we drive, we chat. He points out the area where Druze live. With his hand, he waves in another direction to where Palestinian refugees live, and then again to where Iraqi refugees live. Alawites are over there and in villages. Christians this way and in villages. Sunnis are around 65 percent of the population. Kurds live in the north. Many different peoples live in Syria. I ask him how he knows who someone is or whether they are Sunni or Shiite. He tells me that he does not know and it does not interest him to know: There is no sectarianism here in Syria. We pass Damascus University. Outside there are lots of flags and pictures of Assad and his deceased father. Across the city, the Syrian flag is flying strong and photos of the president are omnipresent. As I ride through al-Umawiyeen Square, I see lots of young men and women gathering, holding Syrian flags. It is not a demonstration, a Syrian tells me; it is a celebration — a celebration of the regime. Later, I watch the event on television. It has made the international news. Tens of thousands of Syrians have come out to al-Umawiyeen Square to show their support for President Bashar al-Assad in a lively celebration that includes pop singers and fireworks.