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CentralMass's Journal
CentralMass's Journal
June 13, 2019

Johnny Depp Sings David Bowie's 'Heroes' With The Hollywood Vampires

https://www.rollingstone.com/music/music-news/johnny-depp-david-bowie-heroes-hollywood-vampires-845653/ohnny Depp and his bandmates in the supergroup Hollywood Vampires, which includes Alice Cooper and Aerosmith guitarist Joe Perry, holed up in Berlin’s Hansa Studios last year to record a cover of one of David Bowie’s biggest hits, “Heroes.” The Thin White Duke himself had cut that very track there a little more than four decades prior.
April 19, 2019

MS Research: Study shows promise in repairing damaged myelin


"Study shows promise in repairing damaged myelin
OHSU researchers collaborate on potential ‘game-changer’ for people with multiple sclerosis.
Researchers found that the treatment in mice not only triggered myelin repair, but they also measured substantial motor improvements in mice treated with the compound.

“The mouse showed close to a full recovery,” Scanlan said.

Scientists say they are confident that the compound will translate from mice to people. To that end, OHSU has licensed the technology to Llama Therapeutics Inc., a biotechnology company in San Carlos, California. Llama is working to advance these molecules toward human clinical trials in MS and other diseases.

Bourdette said even though it may not help his patients today, he’s optimistic the discovery eventually will move from the lab into the clinic.

“Right now, what it means is hope,” he said."
April 6, 2019

How A 2005 Law to Prevent Bankruptcies Led to the 2008 Recession

Link to the bill including the roll call vote. https://www.congress.gov/bill/109th-congress/senate-bill/256/text
Of note then Vermont Representative Bernie Sanders voted against the bill

Also of note is that then Professor Elizabeth Warren was one of the bills most vocal opponent's. Here is a link containing her testimony on it
before the Senate Judiciary Committee February 10, 2005 in opposition to the bill. https://www.scribnerbankruptcyblog.com/2011/03/blast-from-the-past-elizabeth-warren-on-bapcpa.shtml

Also of note then Senator Joe Biden voted for and championrd the bill. I'll leave that to google it yourself.

The article and subject matter is wonky. At a very high level the bill made it harder for people of limited neans to file for chapter 7 bankruptcy . It was instrumental in more oeople losing their homes during the subprime loan crisis where as they may have been able to stay in them prior to the bills passing. It also prevents people with crippling student debt to seek relief through bankruptcy.

Link to the article quoted below. https://www.thebalance.com/bankruptcy-abuse-prevention-and-consumer-protection-act-3305555

How the Act Led to the 2008 Recession

"A report by the National Bureau of Economic Research said that the Consumer Protection Act could have helped cause the subprime mortgage crisis and the subsequent Great Recession. How? The law made it difficult to declare bankruptcy.

There are three advantages of bankruptcy. First, those in debt could hold off the collection efforts of creditors. Second, they could have unsecured debts simply written off. Third, they could get their debt reorganized and interest payments reduced on secured loans.

Before the 2005 law, homeowners could declare bankruptcy on their personal debt. It freed up funds to pay their mortgages and save their homes. With bankruptcy ruled out, homeowners were forced to use their home equity to pay bills.

First, homeowners were forced to take equity out of their homes to pay back their debts. Before the Act was passed, the home was protected from creditors, even under bankruptcy. Homeowners could declare bankruptcy on their personal debt, freeing up funds to pay their mortgages and save their homes.

After the Act, people became more desperate to pay bills. Mortgage defaults rose 14 percent. In addition, 200,000 more families lost their homes, each year after the Act was passed.

Second, people became enslaved by the cost of health care. The Bush administration responded to the request of banks who said consumers were abusing bankruptcy to just avoid paying their bills. But medical costs created the most bankruptcies. When the Act prevented bankruptcy, those with chronic illnesses were forced deplete all their assets to pay their medical bills.

That is supported by earlier data. In the three months before the Act was passed, there were 667,431 bankruptcies in the fourth quarter of 2005. This plummeted to 116,771 in the first quarter of 2006. It was just 155,833 in the second quarter.

Despite the law, the 2008 Financial Crisis sent bankruptcies skyrocketing. In the second quarter 2009, 381,073 people were forced into bankruptcy. By then, homeowners could no longer rely on home equity to pay their bills. They lost their home, and still had to declare bankruptcy. Such a dramatic increase in such a short period of time shows how many families folded in the face of unsustainable debt.

Higher bankruptcies couldn't have come at a worse time for the economy. Vendors who no longer received payments eventually went bankrupt themselves. That created more unemployment. Although families who received bankruptcy protection were temporarily saved from crushing debt, it stayed on their credit report for 10 years. That prevented them from buying a house or obtaining credit. Both trends prolonged the housing crisis and recession."

March 22, 2019

The Atlantic Accused David Sirota of Secretly Working For Bernie Sanders. But Where's the Evidence?


"A cloud of scandal hung over Tuesday’s announcement that the Bernie Sanders 2020 campaign had hired investigative journalist David Sirota to fill the role of senior adviser and speechwriter. An article in The Atlantic by Edward-Isaac Dovere, titled “Bernie Sanders Just Hired His Twitter Attack Dog,” made the explosive claim that the veteran journalist had been secretly working for Sanders behind the scenes since December, and using his role as a journalist to attack the Vermont senator’s potential primary opponents.

“Since December, David Sirota has, on Twitter, on his own website, and in columns in The Guardian, been trashing most of Sanders’s Democratic opponents—all without disclosing his work with Sanders—and has been pushing back on critics by saying that he was criticizing the other Democrats as a journalist,” Dovere wrote, moving on to note that thousands of Sirota’s tweets had been deleted.

It was a story that seemed tailor-made to go viral—a political unmasking of a candidate whose brand was integrity while also playing up familiar tropes about his online supporters. In that regard, it did not disappoint—it was quickly picked up and regurgitated by multiple outlets, including The Washington Post and USA Today.

But there was a problem with Dovere’s bombshell: It wasn’t supported by any real evidence. The story hinged on an unverifiable quote which the speaker claims was misrepresented, along with innuendo stemming from the fact that Sirota deleted thousands of tweets following his employment. Paste spoke to multiple campaign insiders familiar with the matter, all of whom disputed Dovere’s timeline and narrative. Their accounts lined up with what we found through our own reporting on unrelated matters over the last few months. Other individuals have also come forward to publicly refute the article’s claims."
More at the link.
March 15, 2019

Bernie Sander speaking at Georgetown University on what Democratic Socialism is.

There is a long intro. The speech starts around the 7:20 mark.

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