Sunday, July 28, 2013

COMMENTS - 2013/07/28



WEEKLY BLOG COMMENTS No. 74
DATES: 2013/07/21 – 2013/07/28
ANALYST: Domingo Trassens
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Dear Friends:

The shout of the last weeks: Corruption! Corruption! Corruption!

In the last few days, the Bulgarians marched through the streets of Sofia in a series of anticorruption protests of the former Communist country; while in Brazil, Pope Francis started his first overseas trip with a strong speech against the corruption of government institutions and the suffering of millions of people who live in poverty.

These events came a week after more than 20 children died in an Indian school due to contaminated food with insecticide and some weeks from the riots of the Brazilian cities for the money the government expends in stadiums instead of building schools and hospitals.

In other news of the week, President Obama called for a long-term economic plan to help the middle class recovery. His speech was criticized by the opposition and some political analysts because the message didn’t include initiatives that can guarantee a significant change of the current panorama of the economy.

During July, the parade of Wall Street companies that posted their financial reports of the second quarter of the year was dull, without brilliance.

Among the American companies that publicized results in the last few days, the figures of Apple Inc. and Amazon.com didn’t satisfy the investors. In recent quarters, both companies were two of the “stars” of Wall Street.

Meanwhile, the confrontation between the supporters of the former President Morsi and Egyptian military leaders threatens to spread more blood across the Arab countries in between North Africa and the Middle East. The toll of deaths in different incidents is growing.

Now I would like to share with you a series of comments posted by myself in the WSJ Journal Community and PBS through Twitter during the last seven days about the top news of the week.

The comments are organized in the following sections:
- United States
- Europe
- The World (Asia, Africa, Middle East…)
- Latin America
- Education
- Economy, Business, Technology.

DAT
July 28, 2013

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UNITED STATES



Subject: The White House fears the new violence in Egypt. 

My Comment: The Obama administration made a mistake when it supported the Muslim Brotherhood during the beginning of the Morsi presidency. Now, the best is to take a step to the side.

The White House cannot pretend to be involved directly in the internal political problems of each country in the world. (2013/07/28)



Subject: For now, President Obama will not change the Federal Reserve Chairman. Ben Bernanke will continue in his current position according to sources linked with the current administration.

My Comment: It looks like President Obama fears Congress will block his candidate in a key area of the government. (2013/07/26)



Subject: This is an opinion column about a new possible candidate for mayor instead Anthony Wiener.

My Comment: This column written by the journalist Bari Weiss makes an intriguing question: “Huma for mayor?”
If Anthony Wiener doesn’t run for New York mayor, somebody suggests the name of Huma Abedin, his wife.

Who is Huma Abedin?

1) Huma Mahmood Abedin is an American citizen born in Kalamazoo, Michigan on July 28, 1976. When she was two years old, her family moved to Saudi Arabia. Her parents were educators.
2) Her father is Syed Zainul Abedin from India.
3) Her mother is Saleha Mahmood Abedin from Pakistan.
4) Her religion is Islam.
5) She is the wife of Anthony Wiener and she has a child with him.
6) She is member of the transition team of the former U.S. Secretary of State Hillary Clinton.
7) She has also a brother that some sources say that is linked with the Muslim Brotherhood. Nobody involves her with the activities of her brother.

All this information is public and you can find more details searching through the Internet.

The constituents from New York have to decide if they prefer Huma Abedin instead of Anthony Wiener or they look for somebody else… (2013/07/26) 7 Recommendations



Subject: The U.S. Attorney General informed his Russian counterpart that Edward Snowden will not face death penalty.

My Comment: The letter of the US Attorney General Eric Holder to his Russian counterpart Alexander Vladimirovich Konovalov is a new attempt to force the return of Edward Snowden to the United States.
If Russia stops the Snowden’s asylum process, it is because they don't need more information from him. (2013/07/26) 2 Recommendations



Subject: Anthony Weiner, who is running for New York’s mayor, didn’t stop his practice of sending e-mails with “private pictures” after he was forced to resign as member of the U.S. House.

My Comment: The politicians have to learn that the public function demands a serious behavior and the respect for their constituents.
After the latest revelations nobody can say that Anthony Weiner acts in a respectable way in front the constituents. (2013/07/25) 3 Recommendations



My Comment answering to another member who asserted the behavior of Anthony Weiner would be punished if he is a teacher: Your observation is right: “If he was a teacher, he would be fired. If he was an officer of a large corporation, he would be fired…”
The people who plan to vote for him are people who don’t have respect for themselves and for their children. Decent parents cannot accept the mayor of the city who makes sexual insinuations to their daughter or son by the Internet. (2013/07/25) 4 Recommendations


PBS - REPORT- AIR DATE: July 24, 2013 - News Wrap: Waiting on Asylum, Snowden Obtains Document to Enter Russia

Subject: Edward Snowden – the former NSA contractor - will receive documents to leave the Moscow airport and enter Russia.

My Comment: From the beginning, my suspicion was that Russia would give asylum or immigration papers to Edward Snowden in payment for the information that the former NSA contractor shares with the Russian intelligence services.

In this case, asylum is not a humanitarian initiative. It is a deal linked with the spying system of Russia. (By TWITTER) (2013/07/25) 1 Recommendation


PBS - AIR DATE: July 24, 2013 - Obama Calls for Long-Term Economic Plan to Help Middle Class Rebound

Subject: President Obama launches a campaign for a long-term economic plan.

My Comment: Mr. President, since the financial collapse of 2008/2009, we are waiting for a strong economic recovery for the country.

During the last few years we saw only cosmetic changes. But the people who continue without job or working for minimum wages feel tired of the continuous debate of who is guilty. We don’t need more speeches, we need real solutions. (By TWITTER) (2013/07/25)


PBS- July 24, 2013 at 8:52 AM EDT - Anthony Weiner Comes Clean, Presses On in Mayoral Bid - By: Christina Bellantoni

Subject: Anthony Weiner tries to make pressure in his campaign for New York.

My Comment: The story says that “Anthony Weiner comes clean”. Is it possible that one politician who distributed porno through Internet can say he is “clean”?

When a politician commits this kind of mistake, he has to get out of the politics forever. We as a nation have to block the political career of those who do not have basic ethical behaviors.

The position of New York mayor is not a part of the theater world of Hollywood. (By TWITTER) (2013/07/25)



Subject: A Russian lawyer is helping Edward Snowden in the asylum process.

My Comment: This story says that the lawyer of the National Security Agency leaker went to the Moscow airport with fresh shirts and pants for Edward Snowden.
I really don’t care to know how many times Mr. Snowden has changed his underwear since his arrival in Moscow, but yes I care to know how many NSA secret files he has shared with the KGB agents from the moment he arrived at the airport. (2013/07/24) 8 Recommendations

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EUROPE


Subject: After the fatal train accident in the north of Spain, the driver didn’t answer the questions of the investigators and the police put him in prison.

My Comment: They don’t know the reason of the accident but they put the motorman in jail. Now, probably they are torturing him to force a declaration of “guilty”. (2013/07/27)



My Comment: From the first moment, the information about the train accident in Galicia, Spain was very confused. Possible reasons:

- Sabotage?
- Terrorism?
- A motorman with more stress than normal?
- Bad maintenance?
- System faults?
- Other faults?
- …
(2013/07/25)



Subject: The business activities are expanding again in the euro-zone.

My Comment: It is good that the euro-zone business activity is expanding again, but this story only talks about the economic growth of Germany.
The euro-zone bloc is very heterogeneous. We cannot consider Germany as a sample for all the group of countries. (2013/07/24)  



Subject: Anti-corruption protests against the Bulgarian government turn violent.

My Comment: The anti-corruption protests in Bulgaria reflect the fatigue of the normal citizens against bad practices of politicians and authorities in a country that for decades was part of the Eastern Block associated with Russia.

If we look with a magnifying glass the government procedures and practices of different nations of the East Europe, surely we will detect thousands of cases of corruption because the political systems have been changed, but the officials are the same that during the times when all these nations were ruled by communist regimes. (2013/07/23) 1 Recommendation



My Comment answering to another member who minimizes the anti-corruption protests of Bulgaria: Thank you for your comment. I agree that we find cases of corruption everywhere. But in the countries ruled by totalitarian regimes for decades, the level of corruption is higher than the others.

Why? In the totalitarian regimes from the right-wing or left-wing, there is not a public forum where you can discuss what is right or wrong. It is not possible that the citizens act against their “leaders”. Everybody has to accept the good or bad behaviors of their bosses and leaders. In this environment, the only way to live better is through "dirty" deals. (And this is one of the rules of the corruption.)

But the problem is that when the citizens were educated by a regime with high levels of corruption, they don’t change their behaviors despite the political regimes change. (2013/07/24)



Subject: The international media follows the birth of the new heir of the British crown – George Alexander Louis - with important headlines and long stories.

My Comment: This is the beginning of a new fairy tale of the United Kingdom.

Is there nothing more important than the "Royal Baby Boy" during the last days?

Really when we see the long stories about the birth of the new heir of the British crown, we realize how cynical that the world is today. (2013/07/23) 3 Recommendations



My Comment answering to another member of the Journal Community who compares the birth of the Royal Baby Boy with the birth of Jesus Christ: According to History, Jesus Christ was not born in a palace... But the press enjoys talking about "babies" who come to the world with nobility titles and all the luxury of parents who don't need to count their coins to buy a cradle. (2013/07/23) 1 Recommendation



Subject: The EU authority acts against the “military wing” of Hezbollah.

My Comment: The decision to place Hezbollah’s “military wing” on the list of terrorist organizations can generate negative reactions of the radical militants against European targets.
Today, Muslims groups are spreading across Europe and sometimes it is very difficult to know who is who. The current environment makes it easy the infiltration of terrorist groups in a territory without borders among the countries. (2013/07/23) 1 Recommendation



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THE WORLD (Asia, Africa, Middle East…)


My Comment: This is the start of a civil war. (2013/07/26) 3 Recommendations



My Comment answering to another member who feel sorry for the tourist industry related to Egypt: This news is not only bad for the tourist industry. It is a very bad news for all the Egyptians.
Egypt is a country with rich cultural roots and a great History. Like everywhere, we can find good and bad people. No everybody is a Muslim extremist.

Both groups – Morsi’s supporters and military sympathizers - have responsibility in the killing of people because they don’t want to stop the confrontation.
The current situation is only a good business for the terrorism industry and the makers of chaos. (2013/07/28) 3 Recommendations



Subject: During the last weeks, India was news for a series of incidents that show corruption and other problems. Now, the information says that in an accident between a bus and truck, all the passengers of the truck – 18 people - died.

My Comment: This news shows again the weakness of a country that wants to become one of the powers of the world: corruption, negligence, bad transportation controls… (2013/07/23)


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LATIN AMERICA



My Comment: The speech of Pope Francis in Brazil was a good start for the new leader of the Catholic Church.

The Pope put emphasis on social issues with a realistic attitude against corruption, poverty causes and the gap between rich and poor.

Now we have to observe if the Catholic institutions and priests follow his request of helping the millions of Brazilians who live in poverty. (2013/07/28)



My Comment: The visit of Pope Francis to Rio de Janeiro – according to the information available – generated a strong demonstration of faith in the middle of a chaotic environment.
Brazil is a country with organizational and infrastructure problems, but its people are very warm and friendly. (2013/07/27) 4 Recommendations



My Comment: Pope Francis has already started his campaign against the Vatican’s corruption. One of the bosses of the Vatican Bank is in jail for corruption. This was an important step in the right direction, but of course, we have to hope he continues cleaning the Vatican institutions. (2013/07/25) 5 Recommendations



My Comment: The call of Pope Francis to build a “more just” society implies less corruption. Could the Brazilian government institutions understand this message? (2013/07/24) 4 Recommendations



My Comment: The Venezuelan foreign ministry can make objections against the U.S. ambassador to Venezuela, but he has not right to criticize the nominee for U.S. ambassador to United Nations.

The “United Nations” is not Venezuela. For this reason, it was not appropriate that the Venezuelan foreign ministry made this kind of objection

It is evident that the new Venezuelan government looks for troubles with United States. (2013/07/21) 1 Recommendations


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EDUCATION



Subject: In Korea – according to the story – children and teenagers go to the school with smart-phones and generate problems in the classroom.

My Comment: The story written in Seoul about the addiction of South Korean children and teenagers to using smart-phones is only one of the thousands or perhaps millions of pictures that reflect the impact of the technology in the life of the society and the changes in the normal activities of the people: education, work, family living, vacation, and also the sleeping habits.

Before smart-phones, the digital music players were another important addiction for the youngsters. Do you remember the revolution that iPod produced approximately ten years ago?

We understand the addition of a phone or another digital device can become a sickness, but technology always has pros and cons.

In the current state of art, the smart-phone could become a great “tool” for youngsters and adults.

Educators have to guide their students in the use of the digital devices in the right moment and in the right way. They also have to implement strict rules related to classrooms to avoid the distraction of the students and the dispersion of the learning process.

But of course, the problem is when the students are the “teachers” of their teachers in the use of technology.

And this happens because a lot of educators walk slower than the society in the adoption of the technology tools. For this reason, the educative institutions and government have the obligation to facilitate the training of teachers and the implementation of new educational plans that include smart-phones and other devices in the educative environment.

Definitively, education cannot walk at a slower step than society in technology adoption. In other case, conflicts emerge... (2013/07/28)


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ECONOMY, BUSINESS, TECHNOLOGY



Subject: Again Michael Dell affirmed that he wants to continue as a head of the company after the buyout.

My Comment: From the beginning of the buyout negotiation, Michael Dell expressed his decision to continue leading the company he founded. And this is one of the factors that make difficult any deal. (2013/07/28)



Subject: Apple posted financial results with mixed figures.

My Comment: When a company comes from glorious times, it is not easy to evaluate its difficulties to continue growing.
Apple posted the financial results for its fiscal 2013 third quarter ended June 29, 2013 with revenues of $35.3 billion and a net profit of $6.9 billion. A year ago, it posted revenues of 35 billion and a net profit of $8.8 billion. Its revenues grew 1% and its net income declined 21%.

In the last quarter, Apple sold 31.2 million iPhones and 14.6 million iPads. A year ago, it sold 26 million iPhones and 17 million iPads. The iPhone sales were a new record, but it sold 2.4 million less iPads.

In summary, the last quarter was not a brilliant moment for Apple. (2013/07/28)



Subject: EU authorities want to end the farm subsidization.

My Comment: The news says that the Breton chicken farmers fear their extinction due to the European Union will eliminate export subsidies for frozen chickens.
The subsidization of some segments of the economy has to be used as a tool for the development of new business. It never has to support a business that has not the potential to grow because this implies higher taxes for others.

Instead of crying, the French chicken farmers have to find the way to continue growing without government help. (2013/07/26) 1 Recommendation

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SOURCES:

1) External Sources: Wall Street Journal, The New York Times and PBS NewsHour, Apple News Releases about its financial results.

2) Own Sources: My own research for previous publishing projects: TTT of Comlab Corp, Spanish English Club online.



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