Wednesday, February 1, 2012

California To Run Out Of Cash In One Month, Controller Warns

If anyone is tired of the daily European soap opera with surrealistic tragicomic overtones, they can simply shift their gaze to the 8th largest economy in the world: the insolvent state of California, whose controller just told legislators has just over a month worth of cash left. From the Sacramento Bee: "California will run out of cash by early March if the state does not take swift action to find $3.3 billion through payment delays and borrowing, according to a letter state Controller John Chiang sent to state lawmakers today. The announcement is surprising since lawmakers previously believed the state had enough cash to last through the fiscal year that ends in June." ....uh, oops? But sure, fix the problem of excess debt by more "borrowing" why not. As for the math: "But Chiang said additional cash management solutions are needed because state tax revenues are $2.6 billion less than what Gov. Jerry Brown and state lawmakers assumed in their optimistic budget last year. Meanwhile, Chiang said, the state is spending $2.6 billion more than state leaders planned on." Quick, someone come up with a plan that involves subsidies and tariffs on China, or something else that deflects from what the source of the problem really is. Because the last thing that anyone in America would want to bring up is this thing called "responsibility" for their actions, or, as in now becoming the default case, the lack thereof. And why do that, when time spent so much more productively scapegoating this, and blaming that for one's own massive errors of judgme

Source: Zerohedge

Music Training Has Biological Impact On Aging Process

Age-related delays in neural timing are not inevitable and can be avoided or offset with musical training, according to a new study from Northwestern University. The study is the first to provide biological evidence that lifelong musical experience has an impact on the aging process.

Measuring the automatic brain responses of younger and older musicians and non-musicians to speech sounds, researchers in the Auditory Neuroscience Laboratory discovered that older musicians had a distinct neural timing advantage.

"The older musicians not only outperformed their older non-musician counterparts, they encoded the sound stimuli as quickly and accurately as the younger non-musicians," said Northwestern neuroscientist Nina Kraus. "This reinforces the idea that how we actively experience sound over the course of our lives has a profound effect on how our nervous system functions."

Kraus, professor of communication sciences in the School of Communication and professor of neurobiology and physiology in the Weinberg College of Arts and Sciences, is co-author of "Musical experience offsets age-related delays in neural timing" published online in the journal Neurobiology of Aging.

Source: Science Daily

Fungi Discovered In The Amazon Will Eat Your Plastic

Polyurethane seemed like it couldn’t interact with the earth’s normal processes of breaking down and recycling material. That’s just because it hadn’t met the right mushroom yet.

The Amazon is home to more species than almost anywhere else on earth. One of them, carried home recently by a group from Yale University, appears to be quite happy eating plastic in airless landfills.

The group of students, part of Yale’s annual Rainforest Expedition and Laboratory with molecular biochemistry professor Scott Strobel, ventured to the jungles of Ecuador. The mission was to allow "students to experience the scientific inquiry process in a comprehensive and creative way." The group searched for plants, and then cultured the microorganisms within the plant tissue. As it turns out, they brought back a fungus new to science with a voracious appetite for a global waste problem: polyurethane.

The common plastic is used for everything from garden hoses to shoes and truck seats. Once it gets into the trash stream, it persists for generations. Anyone alive today is assured that their old garden hoses and other polyurethane trash will still be here to greet his or her great, great grandchildren. Unless something eats it.

The fungi, Pestalotiopsis microspora, is the first anyone has found to survive on a steady diet of polyurethane alone and--even more surprising--do this in an anaerobic (oxygen-free) environment that is close to the condition at the bottom of a landfill.

Source: Co.exists