Creative Ideas That May Contribute The Success of Obama’s central planning
Creative Ideas That May Contribute The Success of Obama’s central planning Economic Plan and Plan B:
First of all, Economy subject is not a pure science, in which you cannot duplicate its theory e.g. J.M. Keyence’s central government planning intervention or Adam Smith or Milton Friedman’s deregulated free market "conjecture" in experiment in Laboratory setting. Just like Philosophy is not a science too. If you believe Adam Smith’s free market can work well in any capitalistic society, you are dead wrong! Just like Ludwig Wittergenstein once innocently thought that he found the philosophy of "unified-field theory" and claimed, he solved the entire problem in philosophy. He was dead wrong. Alan Greenspan’s free-market with it’s invisible hand can regulate itself. He admitted, he was dead wrong too!
His long time critics, NYTIME Columnist and 2008 Nobel Prize winner in Economics, Paul Krugman rights this time! He had given lot warnings to this market and the deregulated economists, and bureaucratic like Mr. Alan Greenspan.
Now, most common people can know that tsunami recession is battering in America and the world! Again, Paul Krugman urged that big Government intervention is must in this extraordinary time! He stressed that more capital to bail out is better then less. Forget the federal deficit figure! Prudent is risk!
I totally agree with Paul Krugman, Government intervention or vast bail out is a must! And I coined the term for this kind government intervention in US as "Central Planning Capitalism"! History cannot repeat and 1930 depression is not like this one. FDR’S New deal, cannot match to-days economic situation! "Central Planning Capitalism" is an agreeable term. The terms means that under the Capitalistic society, in certain abnormal situation, the central or federal government in order to enhance the trade, liquidity, job security, human health etc. Government can regulate the market with central planning until it become normal again!
Debate with the sudden-and- belated-deficit-conscience-aware GOP and Democratic Congressmen in the Tsunami economy time, will waste our time. We are still a country with Capitalism. However, it is possible in the extraordinary time, the Government execute the central planning intervention. Just like the Hong Kong Government executed it in 1998 and save HK economy successfully in a certain of time.
For most supporting Governmental regulated Economists: ignore the deficit, huge government bail out, lower interest rate and create jobs are their main measures to counter this tsunami recession! Other suggests that we can use the 1990 Sweden model or the learning of the horrible experience of 1980 Japanese meltdown to save to-day’s economy! Yes! THOUGH HISTORY CANNOT REPEAT, WE CAN LEARN FORM IT.
The all time greatest golfer, Tiger Wood said, "There is no one way to play this game!" Same! There is no one economic theory or hypothesis can dictate the "free- market" in capitalistic country! The simple truth is that there is no only one way to save this market or recession. Expect Paul Krugman’s big, quick bail out, ignore huge deficit…etc. We need some creative ideas.
Here are some:
1. Save the foreclosure first. No need to ask FDIC chief Sheila Blair and Harvard Law Prof. Elizabeth Warren, the most advocates for saving foreclosure. President Obama needs to strike the "root" of tsunami economy, Mortgages and foreclosures.
2. Universal health policy must be implemented. Let the main street Americans have a home to live well and health taken care. Then they shall fight for America in this recession time.
3. Special visa issued for foreigner, who can invest in the house market. For example, any one can afford to invest at least US$300,000, with a pass in security check; he or she can get a special visa to visit US multiple times within 5 yrs. After five year if she or he passes the security, they got the Green Card. If investors do not want the green card, they can still use the special visa another five year and keep the Green Card status, until they sell the house.
4. Share one job, one salary plus one unit of unemployment benefit with two people. For example, Company A has 100 people to work, in recession, Co A can use 50 people salary plus 50 unemployment benefits (provided by the federal Government) to share with its 100 employee. Co A needs not to fire 50 people, keep 100 people with 50-unit salary and 50-unit government-provided unemployment benefit. For further to save logistic resources, 100 people can rotate 50 to work and 50 to rest.
5. Low wage mentality. In depression time, worker needs to accept lower wage job. President Obama should give the incentives to the company that call back their out sourcing job in India or elsewhere to US.
6. Expend the tourist industry (a must!). Except the infrastructure, mining, construction, manufacturing, education and health services, transportation services and alternative fuel stimulus plan. Tourist industry need to be expended. More Tourists mean to stimulate the consumption and spend more in America by foreign visitor.
7. Need to keep excellent relationship with the emerging economy countries, e.g., BRIC and the traditional allies, Canada, England, Australia, Israel etc, and explore the business opportunity in South America and Arabic countries. Good diplomatic relation bring good business opportunities.
8. Plan B needed. There is no guarantee Obama ‘s economic stimulus plan will get succeeded. According to Romer and Bernstein’s Jan. 10, 2009 report. The Obama plan would have the maximum impact in the fourth quarter of 2010. After 2010, the effect of the economic plan would rapidly fade away (Jan 12, 09. NYT,Paul Prugman’s quotation). Whether its forecast is true or not. The Obama plan can help to buy time! Time is factor here. Obama needs use this an-near -trillion- dollar-bought-precious- time to make a PLAN B or before do anything to have a Plan B.
Prudent is risk, waiting is danger. We needs instant influx capital investment, special visa to Green Card route is the one way to attract foreigner to invest US’s slum house market. Sharing one job method can keep more people in employment and pay check while they are waiting the new job created. Lower wage mentality, means we still have job. Expand tourist industry, means increase capital. To save foreclosure and implement universal health means to give hope of the American Dream.
Plan B means precaution.
God bless America!
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A new method promises to capture an elusive dark world particle.
- Scientists working on the Large Hadron Collider (LHC) devised a method for trapping dark matter particles.
- Dark matter is estimated to take up 26.8% of all matter in the Universe.
- The researchers will be able to try their approach in 2021, when the LHC goes back online.
Researchers hope the technology will further our understanding of the brain, but lawmakers may not be ready for the ethical challenges.
- Researchers at the Yale School of Medicine successfully restored some functions to pig brains that had been dead for hours.
- They hope the technology will advance our understanding of the brain, potentially developing new treatments for debilitating diseases and disorders.
- The research raises many ethical questions and puts to the test our current understanding of death.
The image of an undead brain coming back to live again is the stuff of science fiction. Not just any science fiction, specifically B-grade sci fi. What instantly springs to mind is the black-and-white horrors of films like Fiend Without a Face. Bad acting. Plastic monstrosities. Visible strings. And a spinal cord that, for some reason, is also a tentacle?
But like any good science fiction, it's only a matter of time before some manner of it seeps into our reality. This week's Nature published the findings of researchers who managed to restore function to pigs' brains that were clinically dead. At least, what we once thought of as dead.
What's dead may never die, it seems
The researchers did not hail from House Greyjoy — "What is dead may never die" — but came largely from the Yale School of Medicine. They connected 32 pig brains to a system called BrainEx. BrainEx is an artificial perfusion system — that is, a system that takes over the functions normally regulated by the organ. The pigs had been killed four hours earlier at a U.S. Department of Agriculture slaughterhouse; their brains completely removed from the skulls.
BrainEx pumped an experiment solution into the brain that essentially mimic blood flow. It brought oxygen and nutrients to the tissues, giving brain cells the resources to begin many normal functions. The cells began consuming and metabolizing sugars. The brains' immune systems kicked in. Neuron samples could carry an electrical signal. Some brain cells even responded to drugs.
The researchers have managed to keep some brains alive for up to 36 hours, and currently do not know if BrainEx can have sustained the brains longer. "It is conceivable we are just preventing the inevitable, and the brain won't be able to recover," said Nenad Sestan, Yale neuroscientist and the lead researcher.
As a control, other brains received either a fake solution or no solution at all. None revived brain activity and deteriorated as normal.
The researchers hope the technology can enhance our ability to study the brain and its cellular functions. One of the main avenues of such studies would be brain disorders and diseases. This could point the way to developing new of treatments for the likes of brain injuries, Alzheimer's, Huntington's, and neurodegenerative conditions.
"This is an extraordinary and very promising breakthrough for neuroscience. It immediately offers a much better model for studying the human brain, which is extraordinarily important, given the vast amount of human suffering from diseases of the mind [and] brain," Nita Farahany, the bioethicists at the Duke University School of Law who wrote the study's commentary, told National Geographic.
An ethical gray matter
Before anyone gets an Island of Dr. Moreau vibe, it's worth noting that the brains did not approach neural activity anywhere near consciousness.
The BrainEx solution contained chemicals that prevented neurons from firing. To be extra cautious, the researchers also monitored the brains for any such activity and were prepared to administer an anesthetic should they have seen signs of consciousness.
Even so, the research signals a massive debate to come regarding medical ethics and our definition of death.
Most countries define death, clinically speaking, as the irreversible loss of brain or circulatory function. This definition was already at odds with some folk- and value-centric understandings, but where do we go if it becomes possible to reverse clinical death with artificial perfusion?
"This is wild," Jonathan Moreno, a bioethicist at the University of Pennsylvania, told the New York Times. "If ever there was an issue that merited big public deliberation on the ethics of science and medicine, this is one."
One possible consequence involves organ donations. Some European countries require emergency responders to use a process that preserves organs when they cannot resuscitate a person. They continue to pump blood throughout the body, but use a "thoracic aortic occlusion balloon" to prevent that blood from reaching the brain.
The system is already controversial because it raises concerns about what caused the patient's death. But what happens when brain death becomes readily reversible? Stuart Younger, a bioethicist at Case Western Reserve University, told Nature that if BrainEx were to become widely available, it could shrink the pool of eligible donors.
"There's a potential conflict here between the interests of potential donors — who might not even be donors — and people who are waiting for organs," he said.
It will be a while before such experiments go anywhere near human subjects. A more immediate ethical question relates to how such experiments harm animal subjects.
Ethical review boards evaluate research protocols and can reject any that causes undue pain, suffering, or distress. Since dead animals feel no pain, suffer no trauma, they are typically approved as subjects. But how do such boards make a judgement regarding the suffering of a "cellularly active" brain? The distress of a partially alive brain?
The dilemma is unprecedented.
Setting new boundaries
Another science fiction story that comes to mind when discussing this story is, of course, Frankenstein. As Farahany told National Geographic: "It is definitely has [sic] a good science-fiction element to it, and it is restoring cellular function where we previously thought impossible. But to have Frankenstein, you need some degree of consciousness, some 'there' there. [The researchers] did not recover any form of consciousness in this study, and it is still unclear if we ever could. But we are one step closer to that possibility."
She's right. The researchers undertook their research for the betterment of humanity, and we may one day reap some unimaginable medical benefits from it. The ethical questions, however, remain as unsettling as the stories they remind us of.
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