McCain’s Record on Financial Regulation

Categories: Featured Articles, Money, Politics

If you aren’t concerned about the massive bailout of Freddy Mac and Fannie Mae by the US taxpayers, you should be.

For those of you keeping track, we’re not really bailing out US homeowners; we’re bailing out the bondholders of Freddy mac and Fannie Mae. The predominant bondholder? The central banks of Asian nations. How are we financing this bailout? Using US Government Treasury bonds. Who is buying those? The central banks of Asian nations. For now, at least.

If confidence in US Treasury Bonds falters, we’re all doomed. This is not an exaggeration.

The next president, who in turn will set the regulatory environment, really matters. The best, perhaps the only way, to restore investor confidence in US and global financial institutions is through tight regulation. To be blunt: investors are correct. The Fannie Mae and Freddy Mac bonds were far crappier than they were told. Until everyone in convinced things are worth their claimed worth, things are only going to get worse. We need a president who can take on the financial industries, who is above corruption on this issue above all others.

McCain’s record is terrible. What follows is a cartoon depicting his involvement in the Keating Five scandal–the last big collapse of US financial institutions, that cost taxpayers over $200 billion (in today’s dollars.)

Ambassadors of a New Gaming Nation: The Penny Arcade Q&A

Categories: Featured Articles, Games

To gear up for this weekend’s Penny Arcade Expo in downtown Seattle, we’re posting a massive Q&A with Penny Arcade’s creators (seen above in non-comic form). Our interview has everything the other outlets didn’t dig up, including dirt on the Penny Arcade Adventures series, the drama behind PAX07’s Halo 3 reveal, and the “fucking barbs” that fuel the creative team’s tension.

CLICK HERE to read the Q&A conducted by Sam Machkovech.

How We Learned To Start Worrying and Hate Authoritarianism

Categories: Featured Articles, Politics, Sports

The opening ceremonies of the 2008 Beijing Olympics reminded me of Blade Runner. Generally, that’s not a good thing.

The filthy air made every light cast a shadow. It was difficult to make out the spectators on the far side of the stadium. So began the first modern Olympics in an Authoritarian state since the 1936 Olympics in Berlin (or, depending upon how you want to account, Moscow in 1980, or Sarajevo in 1984.)

The United States–and our form of self-governing, divided-power capitalism–is in decline. China’s new brand of authoritarian capitalism is ascending. Our time on top is dwindling. The Chinese, and despotic forms of government, will succeed us. So goes the dominant thought in our culture, one that should be thoroughly enforced by GE over the next few weeks of Olympics coverage. Authoritarian capitalism: it’s the future!

Bullshit.

Left or right, liberal or conservative–everyone’s eating up the notion that repressive, undemocratic, imperious governments are more successful than our now-quaint notion of a government “of the people, by the people” in which law is king and all is overseen by a vigorous judicial system.

On the right, you have the Unitary Executive neo-con movement–epitomized by “I’m my own branch of government, beyond reach” Dick Cheney. Extra-judicial detentions, torture, denial of oversight and a private security force above the law; all the trappings of an authoritarian state. Most of the discussion of these horrors assumes a trade-off. Yes, it’s all horribly corrosive to underlying principles of the Constitution. But, such tools just work better than things like Habeus Corpus, warrants, proper trials, Judicial oversight and civilian police operating under strict rules and supervision.

Truth is, these special powers have netted us no benefit. None. Nada. Zip. The new authoritarian system has performed far more poorly than the old civilian judicial system. Compare the results of the recent trial of Bin Laden’s driver–detained, tortured, tried and convicted under the despotic system–to the results of the trial of the shoe bomber–under constitutional civilian law, courts and oversight. The system of checks and balances, of laws and rules, of openness and transparency simply works better. It’s not a matter of style, but results. We are less safe when abandoning the principles laid down by the founding fathers.

Of course, the left’s insidious embrace of authoritarianism might be more terrifying. Take Jared Diamond’s description of China in Collapse.

After 19 pages of detailed accounting of the environmental horrors of present-day China, he ends on a strangely hopeful note. Yes, China’s rapid development over the past two decades has ridden an unsustainable wave of environmental degradation. But, with one wave of the authoritarian magic wand, the government of China could reverse this trend–like they did with the One Child Policy. This logic was already weakened by Diamond’s own accounting; population growth had been dramatically slowed, but not household growth, nor growth in resource consumption or pollution.

In the months and weeks leading up to the Olympics, the Chinese government has done exactly what Diamond wanted. The wand has been waving, ever more vigorously as today approached–ordering drivers off the road, closing factories, halting polluters, bitch-slapping the rain. The full peremptory force was activated. But the skies over Beijing (just one city, for only a couple of weeks) could not be cleared.


The pollution of Beijing, as viewed from a satellite

With all the bitching on the left and right about the EPA, and all the wrangling and compromising that goes into crafting environmental regulations under a democratic government, the United States has done a vastly better job of containing pollution than China (or any other authoritarian state). Period. There is no magic wand, no way of forcing a desired outcome–only hard-fought compromise by all.

Tell that to the FISA-supporting neo-Obama.

On the left, it’s assumed that the past decade has gone so poorly not because of the ever larger levers of power handed to the president, but because of the man wielding them. While watching these Olympics unfold, I suggest you consider the levers of power themselves are the problem, that no man or woman can be a success, for us all, with such power.

Hindsnipe: Grand Theft Auto IV

Categories: Featured Articles, Games, Hindsnipe

(Often, early game reviews give bad games too much credit; diamonds in the rough, too little. We’ll try to look at deserving games with that perspective whenever possible. Hindsight + games = hindsnipe.)

Grand Theft Auto IV turns its subtitles off by default, except when translating foreign dialogue. In the game, you control a guy from an unnamed Balkan/Slavic/Russian zone, but since this is set in fictional New York City, he and his immigrant friends/foes don’t drop into their mother tongue all that often.

That is, except when they feel like calling someone a faggot. The word comes up surprisingly often when referring to openly gay character Bernie Crane, but the kicker is, they stick to their own language for the slur. It’s a weird move, handling the word with the thin veil of subtitles. The game pushes pretty much every other verbal and stereotypical boundary, particularly with the Bernie character, an embarrassing mess of gay stereotypes already (lisp, enunciation, posters of naked men covering his walls, squeals, hand gestures, wimpiness, and on and on). Rockstar North, the game’s makers, may as well have rendered the word “faggot” on the character’s virtual forehead as a twisted tech demo.

No point in making the case that the game is insensitive; I just ran over a hooker. But it’s worth noting that GTA IV is painfully indecisive about whether it wants to be a satire, examination, or celebration of crime–and it’s the lack of brazen consistency that does the game in. Not so bad at first; the war-torn Niko Bellic is essentially forced into Liberty City’s criminal underbelly to save his dolt of a cousin from mob debt collectors. And he goes about this in a gradual manner best suited for the stretched length of a video game. For example, Niko befriends a likable pot dealer early on, a guy who gets tough but generally is defensive, not aggressive, about his turf. Good character–hardened, yet believable–and his contrast with Niko wears well on both characters. The push-and-pull of survival versus morality, all mixed with such likable crime peers, is a central point in the game’s early goings, and the stress on conversational friendships makes this palpable, particularly in the well-written exchanges between the main cousins.

I’m not so stuck on plot in games–usually prefer to just play the damn thing, since most games are written and acted so poorly. But in an early review, I couldn’t help but smile on GTA IV’s execution of the plot. You’re running, gunning, driving, and stealing, yet with a fully-formed sense of purpose and internal conflict. That’s a unique base structure to interact with, uncommon in games–making people invest in well-written characters so that they’ll want to play as them because of empathy.

Midway through the game (admittedly, almost six hours in), this dissolves. The last relatively redemptive mission you do is for an egotistical “clean the streets” ruffian, and even this work is solely to rack up your in-game bank account. We’re cash-crazy now? Niko talks about needing to help his cousin with money, but you’re not depositing cash into any accounts. The stash sits idly, and you inexplicably descend into work for Irish and Italian mob families with money as the sole motivation. It’s an out-of-character transition that is only redeemed by game’s end with a revenge plotline. But by this time, Niko’s no longer likable, not even in a “dark hero” way. He’s just a typical, vacuous character, as mindless as Pac-Man.

To be fair, as a game, this is an impressive sandbox to mess around in. GTA IV’s city is as large as it is dense, and if you want to drive around aimlessly, you’ll have no shortage of diverse terrain, satisfying car physics, and even dynamic, news-filled radio broadcasts (more so than any other GTA) to beef up your joyride. Unlike older GTA titles, a sloppy engine doesn’t often get in the way of the story. Here, you have auto-aim guns and physics-heavy driving to make your crime sprees flow smoothly. And the creators deserve credit for attempts to break up the GTA monotony: drive here, pick this up, kill that guy, escape cops, repeat. They’ve been doing this game long enough to know the small touches and tricks to spice the game up even dozens of hours in (though these are the exception, not the rule).

But even what’s done right isn’t timeless material; will only be a year or two before another virtual world springs up and outdoes GTA IV in looks, heft, and realism. Niko Bellic could have been timeless. The opening potential of his story certainly is, and anyone who aspires to meld storytelling with gameplay should study GTA IV’s best moments for years to come. Too many games have been made for game makers to just expect me to want to hammer buttons and make stuff happen on the screen. Give me something personal to relate to, even if it’s just one tangible element in an otherwise outlandish universe.

In that respect, GTA IV got my hopes up. But Niko’s creators bail early, frontloading the best characters and conflicts while letting the rest of the game coast with repetitive missions, stereotypes, and slurs.

No-number summary: $60 gets you a huge sandbox and a lot of repetitive missions with character. The Internet combat modes add some replay, though I haven’t loaded them up in over two months–too cumbersome, unwieldy, and sprawling compared to precise shooting games like Call of Duty 4. In solo play, GTA IV sets the storytelling-in-games bar high. So long as you don’t mind having that bar kicked down like a pissy kid near a T-ball stand, the best moments are worth a long rental. But if you’re expecting greatness as the game stretches into its 20th and 30th hours, you’re giving the game too much credit.

Carbon-Free Energy: Good Luck

Categories: Featured Articles, Science

Former Vice President Al Gore, seeking to shake up an energy debate that is focused mostly on drilling, challenged the United States to shift its entire electricity sector to carbon-free wind, solar and geothermal power within 10 years, and use that power to fuel a new fleet of electric vehicles.

Can it be done?

To answer that, let’s get to know our fossil fuels by rewinding to the Carboniferous era. Pangaea has just come together, with the fusing of the Northern and Southern super continents. Dropping sea levels have generated many new swampland real estate opportunities. Enter lignin, a chemical compound that has made wood hard for 350 million years.

These swamps were filled with plants held together by this funny, new substance—a substance too new to be eaten by microbes. Rather than degrade, the remains of lignin-baring plants soon filled swamps (much like how we’ve filled the oceans with plastic grocery bags).

Lignin, like most things in life, is made up of long chains of carbon atoms. All of this carbon-containing waste built up, becoming buried over hundreds of millions of years before bacteria evolved to eat lignin. And free oxygen didn’t reach this material, either, so those untouched hydrocarbon chains entombed deep in rock became coal. Similarly, algae buried under the ocean floor, without oxygen, eventually becomes oil and natural gas.

Convert that story to hard numbers: All of the fossil fuel consumed in 1997 represented over 400 years of the total plant and animal growth on the ancient planet Earth.

Almost all living systems eventually come back to energy from the sun. But that fact has its own astounding ratio: It took a half-millennium of solar energy capture by all of the living things to generate the energy we typically consume in a single year.

Those ratios are alarming, but they also make fossil fuels’ case. The upsides are so attractive: density (huge amounts of energy in small volumes/masses), stability (won’t lose much energy during storage or transport), and usability (fossil-fueled machines are far less complex than virtually any other power source).

All of the alternatives available to humanity are, in some way or another (complexity, initial investments, geography, distribution), inferior to fossil fuels. So when we consider ending our use of fossil fuels, the combination of alternatives we settle upon must match or exceed these properties–or we must adjust our lifestyles to reflect the inherent inferiority of the non-carbon fuel sources.

Now, in the twilight of fossil fuels, we have a shot at building such a combination. We can take the last remaining supplies of carbon fuels and build the networks of solar, wind, geothermal and nuclear power plants neccesary. Or we can accept that in the future–the near future–our lives will be far less rich than they are now.

Science, Trashed

Categories: Featured Articles, Science


What happens to biodegradable trash in a landfill?

Entombed deeply in a landfill, your biodegradable trash is forced to degrade without oxygen, creating copious amounts of methane gas. Methane is a potent greenhouse gas, far worse than carbon dioxide. If you’re sending something to a landfill, it’s better for the planet if it never degrades.

A landfill is intended to be a place without time, where trash is meant to stay isolated from the surrounding air, water, and soil—somewhat like the Republican plan for America, through immigration reform (a completely sealed USA). Degrading isn’t in the plan; it happens anyway, just in a different way.

When shopping, I’m always astonished to find packaging or products loudly proclaiming their biodegradability. For some products, like anything that goes down the drain, this can really matter. Take detergents and soaps, for example. The better they biodegrade, the happier you make your sewage treatment plant.

But non-recyclable packaging boasting it’s biodegradability? Not so hot. About the only circumstance this really helps is with litter.

In the triad, it’s reduce, reuse and then recycle. Buy less crap. For every bag of garbage you put on the curb, several bags of industrial waste have already been landfilled making the crap you’re now throwing out.