Sunday, March 31, 2013
Immoral Exploitive Monsters
End Of Life
Democracy vs. the leaderships
It's not just a fight for the survival of the rest of us, it's also a fight for democracy. When no one in the Senate - Democrats or Republicans - is willing to stand up for Chained CPI, it's because they know we won't forgive them on voting day.
And yet, Obama continues to signal that he wants the cuts, and the establishment media continues to speak as if this is the only sensible thing to do.
80% of the public is, of course, against benefit cuts, because they know it will kill more Americans than Osama bin Laden ever dreamed of.
Funny, that. They thought it was really, really important to give up our Constitutional protections because 3,000 people were killed in September of 2001, but now they think it's cool to do things that will ultimately kill millions of Americans. Yes, millions.
Chained CPI is nothing but an act of theft and murder. Oh, and, by the way, it will hurt the economy as a whole.
You already know this. Better make sure they know that we know.
Peak Commute
Cheating
Those test scores brought her fame — in 2009, the American Association of School Administrators named her superintendent of the year and Arne Duncan, the secretary of education, hosted her at the White House.
And fortune — she earned more than $500,000 in performance bonuses while superintendent.
On Friday, prosecutors essentially said it really was too good to be true. Dr. Hall and the 34 teachers, principals and administrators “conspired to either cheat, conceal cheating or retaliate against whistle-blowers in an effort to bolster C.R.C.T. scores for the benefit of financial rewards associated with high test scores,” the indictment said, referring to the state’s Criterion-Referenced Competency Test.
Friday, March 29, 2013
Hard To Believe Now, But What About Then?
Roads Are Free
Being A Rich Heir Is Stressful
It was not until Mr. Lucas was 24 — long after he knew the trust could finance his Ivy League education — that he understood its full monetary value; that was when the Carnation shares were converted into cash after NestlĂ© bought the company in 1985. It was a shock, suddenly “having a pile of cash that you have no experience in investing,” he said. “That’s a very scary and risk-fraught transition.”
For many American families with wealth, the moment when their children learn how much money they have at their disposal causes profound anxiety. They fear that their children will not know what to do with the money and either squander it or not work as hard as they might otherwise.
The Bees Come Down
Choices
The point isn't that everyone should or does prefer New York City, the point is that if you're a self-described libertarian who does, you need to think hard about exactly what kind of world you prefer and why. Dense highly populated cities are, by necessity, going to have all kinds of regulations. Also, too, massive public transit system.
Thursday, March 28, 2013
Thursday Crass Commercialism
So Far, So Fast
The speed of changing opinion on gay marriage seems miraculous compared to that.
Churches Won't Have To Gay Marry Anybody
Quotas
Turnover
Indeed
WASHINGTON—Citing that a majority of Americans are irresponsible, easily distracted people who have little regard for other human beings, a new Department of Transportation report revealed Wednesday that it’s “actually kind of crazy” that U.S. citizens are allowed to drive automobiles. “Americans make millions of mind-boggling, idiotic mistakes every day, and when taking into consideration the sheer amount of lives that could be lost due to just the slightest human error while driving, it’s actually pretty goddamn shocking that we let citizens operate 4,000-pound machines capable of going 200 mph,” the report read in part, later adding that if one truly thinks about who their neighbors, friends, and children are as people, the absolute last thing one would be comfortable with would be them merging onto a busy highway with cars traveling 85 mph.
Somewhat related, I'm always highly amused (read: fucking annoyed) at increased security proposals for rail mass transit systems. At the two Dem conventions I attended, they shut down the subway and light rail systems for security reasons. One can blow up a train and inflict reasonable amount of damage, but that's pretty hard to do. Anyone can weaponize a bus. Just, you know, start driving it into people and things.
Good Luck With That
Amtrak, the U.S. intercity passenger railroad supported by taxpayers, asked Congress to more than double its capital budget so it can buy more trains and improve infrastructure.
Amtrak, in a letter today to Vice President Joe Biden and House Speaker John Boehner, asked for $2.1 billion in U.S. funds for its capital budget and $212 million for debt service for the 2014 fiscal year. In the 2013 fiscal year, Amtrak is receiving $905 million for those expenses.
Oldsters Is Old
The distance in time between '77 punk and right now is the same as the distance between '77 Punk and the attack on Pearl Harbor.
I replied.
@ACNewman distance between now and Please Please Me is same as distance between 1963 and Archduke Ferdinand being alive
Obviously the big takeaway is holy crap I'm old (I was born 9 years after Please Please Me, but still), but I think there's a broader point about us olds not getting just how distant stuff is for The Kids Today. More than that, I also think there was a kind of continuity between people born, roughly, from the beginning of WWII until about 1993. The discontinuity here is the internet, a society transforming technology change.
I probably started listening to The Beatles (aside from randomly hearing them on the radio) in 1986 or so, when I was 14. Some 14 year old kid today listening to The Beatles would be equivalent to my 1986 self getting into music from 1939 or so. Those "old movies" weren't actually all that old, some of them anyway, when I was a teenager, but I sure did think they were old, even movies from the 70s! Imagine what they look like to The Kids Today. Probably every action/horror/mystery/thriller movie fails the "cell phone plausibility test," in that if characters had cell phones the entire plot would be ludicrous.
Anyway, point is the kids don't live in the world of oldsters. Oldsters is old.
Still rockin'.
White House Tours And Private Planes
And the only (if unlikely) way out of the sequester is the "Grand Bargain."
If only politicians were concerned with actual problems.
Rewarding Good Behavior
Something that Dems have too often failed to understand is that most persuadable voters don't actually care that much about most policy issues, except for some single issue voters. More than that, everybody "knows" Dems are pro-mandatory gay abortions, so running from those issues doesn't actually help you. Persuadable voters like politicians they perceive as standing up for what they believe, politicians with "principles," etc. Better to vote for the mandatory gay abortions than to be perceived as being a coward.
Twins, Drinking
Leadership
A few months ago they could have done so and been heroes, now they just look silly.
Earmarks
Instead it's all about Teh Deficit.
Awkward Position
The mortgage errors, while by themselves relatively minor, have heightened concerns within JPMorgan because they come on top of the other investigations. The increased scrutiny presents a challenge for the bank and its influential chief executive, Jamie Dimon, who was widely praised for steering JPMorgan through the 2008 financial crisis, leaving it in far better shape than its rivals. Among some executives at the bank, the worry is that the unwanted attention will undercut Mr. Dimon’s authority in Washington.
“Jamie and other executives feel terrible that the bank’s self-inflicted mistakes have put regulators in an awkward position,” Mr. Evangelisti said. He added, “We are wholly to blame for our errors and are fully cooperating with all authorities to make things right.”
Mr. Dimon has already testified before Congress and apologized for the trading losses. In response to last year’s trading blowup, the bank has also worked to root out the problems, shuffled its top executives, bolstered its risk controls and brought in a new head of compliance.
Tuesday, March 26, 2013
Fabulous
I'm not even sure where I heard that last message. It was certainly true, and everyone knew it. But I actually have no clue where it came from. The nonexistence of gay people to young teenage me is hard to square with the being gay is the worst thing ever message I received. Still I received it.
Things change.
Out
Diapers
But there's one thing that's been bugging me for years. We all sort of accept that David Vitter's prostitution issue involved diapers. And, frankly, so what. But the only source for this I've ever seen was James Carville. Did the diaper thing get sourced anywhere else?
I honestly don't care about the diapers. I'm just curious about the sourcing.
*Yes the illegality of prostitution makes it a legitimate issue over and above simply being a personal life issue.
One Step Away
Why Would He Care
Supremo Week
Monday, March 25, 2013
Monday Evening
Mattress
Basically just encouraging bank runs, if not now then at the first hint of trouble.
Heckuva job.
Depression
Suddenly nobody has any money.
Not Sure How They Recover
Gonna hurt.
Long Hard Slog
What's The Solution
I really don't know what the solution is. As the suburban population ages this is increasingly going to become an issue. Mobility issues aren't the same for all elderly people. Some can walk, but shouldn't drive. Some can happily ride the bus, some have mobility issues that might prevent even that. But lots of people live in areas where driving is the only option, and taxis aren't part of the driving options.
Good For Him
(via)
Priorities
Feelings
But this is likely to be the last appearance by the Thunderbirds until the end of the federal government’s fiscal year on Sept. 30, if not longer. A performance this weekend by the Navy and Marine Corps’ Blue Angels near Key West, Fla., will also be their last for some time. The Army’s parachute demonstration team, the Golden Knights, is also suspending performances.
TPP
Article 12.4: National Treatment1. Each Party shall accord to investors of another Party treatment no less favourable than that it accords, in like circumstances, to its own investors with respect to the establishment, acquisition, expansion, management, conduct, operation, and sale or other disposition of investments in its territory.
2. Each Party shall accord to covered investments treatment no less favourable than that it accords, in like circumstances, to investments in its territory of its own investors with respect to the establishment, acquisition, expansion, management, conduct, operation, and sale or other disposition of investments.
The treatment to be accorded by a Party under paragraphs 1 and 2 means, with respect to a regional level of government, treatment no less favourable than the most favourable treatment accorded, in like circumstances, by that regional level of government to investors, and to investments of investors, of the Party of which it forms a part.]Article 12.5: Most-Favoured Nation Treatment
1. Each Party shall accord to investors of another Party treatment no less favourable than that it accords, in like circumstances, to investors of any other Party or of any non-Party with respect to the establishment, acquisition, expansion, management, conduct, operation, and sale or other disposition of investments in its territory.
2. Each Party shall accord to covered investments treatment no less favourable than that it accords, in like circumstances, to investments in its territory of investors of any other Party or of any non-Party with respect to the establishment, acquisition, expansion, management, conduct, operation, and sale or other disposition of investments.
Angry Bear via Yves Smith
This isn't a deregulatory, or, FTM, a free trade regime. The most favorable regulatory environment for "non-Party" and "Party" investors applies. That is, a loose regulatory regime for fracking, but a strong regulatory regime for copyright or patents. Mickey is protected from infringement everywhere, because the US protects him, and drug manufacturers in India are forbidden to produce compounds that cure the sick without a patent license.
It's worth noting that "intellectual property" was a key reason for the failure of the Doha round....
Saturday, March 23, 2013
"Decent Left"
And I was the indecent one.
I Moved Your Cheese
The Right People
This week, the court heard a troubling recording secretly made last month by Officer Pedro Serrano, of the 40th Precinct, in the South Bronx. Mr. Serrano is one of a handful of officers who began tape-recording conversations with their colleagues or superiors to document what they saw as wrongdoing.
In the recording, Deputy Inspector Christopher McCormack is heard urging Mr. Serrano to stop, question and, if necessary, frisk “the right people at the right time, the right location.” When Mr. Serrano asked for clarification about who the “right people” were, the inspector replied: “The problem was, what, male blacks.” He continued, “And I told you at roll call, and I have no problem telling you this, male blacks 14 to 20, 21.”
Sovereignty
The Trans-Pacific Partnership isn't getting enough attention (by design, it seems.) The idea is that a supranational body would be empowered to override national regulations if a country had a regulatory regime in, say environmental policy or copyright policy, that was more restrictive than other countries, it would be forced to bring its regime in line with the others.
The EFF thinks this is a really bad idea.
All signatory countries will be required to conform their domestic laws and policies to the provisions of the Agreement. In the US, this is likely to further entrench controversial aspects of US copyright law (such as the Digital Millennium Copyright Act [DMCA]) and restrict the ability of Congress to engage in domestic law reform to meet the evolving IP needs of American citizens and the innovative technology sector. The recently leaked US-proposed IP chapter also includes provisions that appear to go beyond current US law.The leaked US IP chapter includes many detailed requirements that are more restrictive than current international standards, and would require significant changes to other countries’ copyright laws.
So does the Sierra Club (pdf).
Unfortunately, the DOE loses its authority to regulate exports of natural gas to countries with which the United States has a free trade agreement that includes so-called “national treatment for trade in gas.”
The TPP, therefore, could mean automatic approval of liquid natural gas (LNG) export permits—without any review or consideration—to TPP countries.The broader idea is the elimination of national regulatory authority over production and distribution of manufactured goods, natural resources and "intellectual property." To be clear, this is not an instance of "free trade." The elimination of the public domain under copyright law is a restriction on trade. A bad one. (For more on this and similar topics, see Dean Baker's The End of Loser Liberalism.)
Friday, March 22, 2013
Friday Crass Commercialism
They did the kickstarter thing for a movie for reasons I don't quite understand, but hopefully it will be a good movie!
Because Freedom
Supply
Open And Rational Debate
Every year people pay them to write their mea culpas, and still nobody listens to the hippies.
The World, It Changes
Somewhat related is that yesterday I randomly noticed that Star Trek: The Motion Picture was rated G. Almost nothing not involving singing cartoon characters is rated G today.
Not So Supertrain
Well That Makes It All Worth It Then
I think I'm the only one in this country who remembers the anthrax attacks. They tried to pin that on Iraq, too.
Thursday, March 21, 2013
The Bond Vigilantes Are Here!!!
The Treasury auctioned 10-year inflation-indexed notes at a negative yield for an eighth consecutive time as investors remain skeptical that Federal Reserve measures won’t lead to a resurgence in consumer prices.
At this moment in time, borrowing money at negative interest rates and just dropping it out of helicopters most likely has a greater than -.602% return.
Epi-Pen
Thursday Crass Commercialism
Mint The Damn Coin
That's Kinda The Point Of Juvenile Court?
The Liberation Narrative Didn't Come Until Right Before The War Started
There were the Kurds. The glorious sweet and nice pets of Christopher Hitchens, who for some were the purpose of the war (so many purposes). We were going to liberate the Kurds. But the Iraqis, they were basically the enemy. Of course Iraqi-Americans should be looked at suspiciously. They were quite likely the enemy.
Bank Runs
Nobody could have predicted...
The Free Money Solution
Wednesday, March 20, 2013
Late Night
Also, too, songs about banging underage chicks were understood and totally cool. Weird times.
Wars Are Bad
One Thing
Probably not enough to justify the body count, but still.
At The Risk Of Negotiating With Myself
Perhaps a dumb idea for reasons I haven't thought through.
Heckuva Job
The economy will grow half as fast this year as forecast only three months ago, the chancellor admitted in a budget speech which he said was a plan for Britons who "aspire to work and get on".
Can't aspire to work when there are no damn jobs.
Errr. There's another budget
You know, if Ezra were really running a WonkBook, driven by policy issues rather than the Village's concerns, we'd have had a "everything you need to know about the progressive caucus budget proposal" post by now.
UPDATE: Ezra has indeed made such a post. I missed it.
Tuesday, March 19, 2013
Maybe The Most Amazing Thing
The Real Reason For The Iraq War
Obviously this is mostly about Tommy, but on May 29, 2003, the war was over according to Chuckie Rose.
Fools and Frenchmen
Must See Teevee
Anonymous Blogging Was All About The Chicks
Contemporary Politics
There is a bright side. The Republicans might just save Social Security. Good for them.
Appalled
Protect the Pageant
Monday, March 18, 2013
Tweet. On. This.
But they like twitter. And it is hard to ignore. It's apparently taken Bill Keller this long to realize that sometimes people on the internet are mean (though he deserves it. I was a bit mean to him myself). In other words, he hasn't heard a damn thing we've been saying. If twitter was around 10 years ago he just might have.
What's Social Security, anyway?
Killadelphia
The City's homicide rate is down 43 percent from last year.
In human terms, that means only 41 people have been killed this year, compared to the 72 homicides at this same time last year.
Progress
CHANGE – Results of this survey extend evidence of a remarkable transformation in public attitudes. Views on basic social issues often move slowly, if at all. Support for gay marriage, though, has gone from 47 percent to today’s 58 percent in just the last three years – culminating a period of change first endorsed by some state courts, then by some political figures, notably with Hillary Clinton expressing support for same-sex marriage today, and Barack Obama doing the same last May, a position he went on to underscore in his second inaugural address in January.
Lack of Progress
Having said that, I'm glad the perpetrators were tried of juveniles. Of course lots of other juveniles who should be tried as juveniles are tried as adults. I don't think - and Teh Science seems to support this - that teenage brains are anything near wired up correctly yet. That doesn't mean there should be no punishments for egregious crimes, just that it is best that we have this thing called the Juvenile Justice System that is separate from the adult system.
My brain wasn't wired up right when I was a teenager. I'd certainly like to think I wouldn't have done what these kids did. I'm pretty sure that's true. Sadly, if I had been there and been 15, I'm not sure I would have seen it as being as bad an act as it was, and I certainly can't claim to know that I would have done anything to intervene. Maybe I'm selling my teenage self short. But I don't know.
There's Oil There?
Frum's most interesting revelation comes from his discussion of Ahmed Chalabi, the Iraqi exile whom many neocons intended to install as leader of that country after the US took over. Frum says that "the first time [he] met Ahmed Chalabi was a year or two before the war, in Christopher Hitchens's apartment". He then details the specific goals Chalabi and Dick Cheney discussed when planning the war:
"I was less impressed by Chalabi than were some others in the Bush administration. However, since one of those 'others' was Vice President Cheney, it didn't matter what I thought. In 2002, Chalabi joined the annual summer retreat of the American Enterprise Institute near Vail, Colorado. He and Cheney spent long hours together, contemplating the possibilities of a Western-oriented Iraq: an additional source of oil, an alternative to US dependency on an unstable-looking Saudi Arabia."Wars rarely have one clear and singular purpose, and the Iraq War in particular was driven by different agendas prioritized by different factions. To say it was fought exclusively due to oil is a clear oversimplification. But the fact that oil is a major factor in every Western military action in the Middle East is so self-evident and obvious that it's astonishing that it's even considered debatable, let alone some fringe and edgy idea.
From the left
Imagine international reaction if Hugo Chavez had taken 10% of bank deposits to bail out the state owned oil company. That's basically what's happening in Cyprus, except in EU bank own state.
Radical Protest
Saturday, March 16, 2013
It Must Be Deliberate
The move — a first in the three-year-old European financial crisis — raised questions about whether bank runs could be set off elsewhere in the euro zone. Jeroen Dijsselbloem, the president of the group of euro area ministers, declined early Saturday to rule out taxes on depositors in countries beyond Cyprus, although he said such a measure was not currently being considered.
We are ruled by the stupidest fucking people on the planet.
Hint: here's what you should be doing.
Here There Be Dead People
When my house was being redone by the developer, they sunk the existing basement and found 16 little (baby and toddler sized) coffins. 18th century. My neighbors think of my house as the dead baby house. Joke's on them. My dead babies are gone, they all still have theirs.
I Suppose This Is At Least More Transparent
European finance ministers have agreed an £8.7bn bailout for Cyprus which includes all Cypriot bank customers handing over up to 10% of their savings.
Small lenders, otherwise known as bank depositors, are having their wealth taken in order to bail out big lenders, otherwise known as banks. But it's really stupid. I have a hard time seeing how bank runs won't completely destroy the system. Who wouldn't take their money out, even if it's too late?
Friday, March 15, 2013
Afternoon Thread
As It Always Is
I first noticed this with Mona Charen. Who? I don't even know if she's still around. But, anyway, once upon a time ADHD was one of those things conservatives thought was some sort of liberal plot diagnosis. I have no opinion on the diagnosis of or treatment of ADHD, but for some reason there was a period when it pissed conservatives off because oh who the fuck knows Benghazi. Conservative media personality Mona Charen would regularly write these "ADHD IS REAL!!!" columns because, you know, she had an ADHD kid.
No Bargain
Has Peterson put something in the water?
I guess the simpler explanation is the Dem leadership really does want to cut "entitlements" because.... well, really I don't know. Bad policy, bad politics that inflict real pain. I know Dancin' Dave and his friends think pain is good for its own sake, but the Dem leadership?
Thursday, March 14, 2013
It's Easy To Live "Poor" When You're Rich
MOOCed
What's lost in this discussion is that the cost per student per course for most professors, even relatively senior ones at relatively prestigious institutions, is relatively low. The large introductory courses MOOCs are imagined to replace really don't cost anything, even with a (relatively) highly paid full professor doing the teaching. When I taught at UC Irvine I earned a decent pay and had a decent course load. Over the course of the year I probably taught 500 students. Throw in a couple of TAs for the big auditorium courses and total instructional labor cost was probably $140 per student. Yes, plus benefits and other overhead. But the point is the cost of paying me was tiny relative to the tutition they were paying for those courses. There aren't cost savings here, because the costs are already really low (per student) for these kinds of courses. And the only way to have them be revenue raisers is to sell out the brand, which won't work either.
Others
Dead of Night
It would be shameful, if, as a nation, we ever collectively forget that Randy "Macho Man" Savage once recorded a rap album.
Wednesday, March 13, 2013
Deep Thoughts On Pope Bus Rider I
Mysteries
But grifters gonna grift, and administrators gotta justify their existence.
Shiny Republican Objects
The media just luvs them some Republicans, and everything they do is fascinating.
Tuesday, March 12, 2013
I Wonder Why
Your Liberal Media
What I actually find a bit weird is that the "LIBERAL MEDIA" charges have actually died down a bit even though we probably have a bit more of liberal media than we ever did. No, MSNBC isn't all liberal all the time, but the primetime block+chris hayes is more liberal than anything that was ever on the teevee. Bill Hemmer included.
Over And Over And Over And Over
Synergy
All the technology one could possibly need for election organizing exists and is relatively inexpensive. You just need to figure out how to, you know, organize.
Danger
Wichita KS, child in critical condition http://bit.ly/ZtFJQ2
Manchester, TN http://on.wbir.com/ZtGecN Toddler shot self in head
Monday, March 11, 2013
Repetition
Aggressive Is Fine, Just Not Aggressively Stupid
Stop The Madness
Sunday, March 10, 2013
Hopefully He's Wrong
Applebees America
Sunday Crass Commercialism
Sunday Afternoon
Teevee advisory
Auntie Beeb has Dancing on the Edge (trailer) with a surprise singing debut from a well-known actor whose own agent didn't know she could sing, as well as some great music and acting all around. Lovely sets.
ITV has Broadchurch with David Tennant (and Rory!), among others.
In other news, London had a warm, spring-like day, followed by the traditional rain, and now it's cold; the European Parliament wants to ban all porn in 'media', and George Osborn and David Cameron know exactly what they're doing, because Tories always want to put the working classes back in their place.
Meanwhile, if you really want a chiling insight into just how deeply and horribly neoliberal "pragmatism" has permeated our political culture, you should listen to Sam Seder's interview with Jonathan Alter on The Majority Report. Alter can't distinguish between taking an unpopular pledge that will hurt and kill millions of Americans and taking a pledge not to harm the country. This is an ideology that says defending good programs is wrong because, well, because.
Sunday Morning
Saturday, March 09, 2013
The Social Security Privatization Plan That Didn't Happen
Friday, March 08, 2013
Finding It Difficult To Make The Point
All this gets beaten back by the glibertarian crowd as "people should just save and invest, blah blah blah." Well, fine, but they aren't. Not enough. For whatever reason. So we're going to have a bunch of seniors in poverty and near poverty. What are we going to do about it, now and for the future?
Asshole
Boom
The Federal Bureau of Investigation confirmed today that a large "cache" of explosives were found Thursday in a Public Storage Facility in Malvern, Chester County.
Thursday, March 07, 2013
Victories
Pissed off olds are their voters. That's one small thing we can be thankful for.
Trump Card
They all went nuts, and gaslighted the rest of us.
Wednesday, March 06, 2013
Bastards And Our Bastards
I love the House of Saud, and will be happy to take significant amounts of money to continue to say so.
Smells Like Freedom
"They worked hand in hand," said General Muntadher al-Samari, who worked with Steele and Coffman for a year while the commandos were being set up. "I never saw them apart in the 40 or 50 times I saw them inside the detention centres. They knew everything that was going on there ... the torture, the most horrible kinds of torture."
Additional reporting by the Guardian confirmed further details of how the interrogation system worked. "Every single detention centre would have its own interrogation committee," claimed the former general, who has for the first time talked in detail about the US role in the brutal interrogation units. "Each one was made up of an intelligence officer and eight interrogators. This committee will use all means of torture to make the detainee confess like using electricity or hanging him upside down, pulling out their nails, and beating them on sensitive parts." There is no evidence that Steele or Coffman tortured prisoners themselves, only that they were sometimes present in the detention centres where torture took place, and were involved in the processing of thousands of detainees.
The Guardian/BBC Arabic investigation was sparked by the release of classified US military logs on WikiLeaks that detailed hundreds of incidents where US soldiers came across tortured detainees in a network of detention centres run by the police commandos across Iraq. Private Bradley Manning, 25, is facing a prison sentence of up to 20 years after he pleaded guilty to leaking the documents.
They got Manning, so justice.
Really Can't Fit All Those Cars
Perhaps the best way is to assign, for a modest fee, a tradeable parking permit to all existing property owners and tell new residents they're out of luck (though they could purchase one of those permits). There is no perfect solution.
But We Painted All Those Schools
Ten years and $60 billion in American taxpayer funds later, Iraq is still so unstable and broken that even its leaders question whether U.S. efforts to rebuild the war-torn nation were worth the cost.
In his final report to Congress, Special Inspector General for Iraq Reconstruction Stuart Bowen's conclusion was all too clear: Since the invasion a decade ago this month, the U.S. has spent too much money in Iraq for too few results.
Tuesday, March 05, 2013
White People Don't Talk About Anything But Race In This City
Minitru
The Conservative Soap Opera Is Their Favorite Show
The only time I remember this kind of coverage of Dems was maybe during the Obamacare fight. But with Republicans it's a constant thing.
Free Money
I get the Bernanke probably doesn't really have legal authority to do this, but Congress could give him legal authority to do so.
Contractionary Policy Is Contractionary
Barack Obama warned at the first meeting of his second-term cabinet on Monday that the $85bn in forced spending cuts will mean difficult budget decisions in the weeks ahead and that unemployment will end up being higher than it needs to be.
The cuts will hurt the economy. Replacement cuts will hurt the economy. Contractionary policy is contractionary.
Does no one read my sucky blog?
Monday, March 04, 2013
They're Much Cheaper In Europe
Just need a region free code.
Poor Paul
Missing Empathy Gene
Weep for the rich adulterous politicians. They, more than anyone, deserve our concern.
Kicking The Poors
Unless a deal is reached to change the course of the cuts, housing programs would be hit particularly hard, with about 125,000 individuals and families put at risk of becoming homeless, the Department of Housing and Urban Development estimated. An additional 100,000 formerly homeless people might be removed from emergency shelters or other housing arrangements because of the cuts, the agency said.
Because America.
The Insanity Of Our Times
Dictator
Oversight
The Aristocrats!
Sunday, March 03, 2013
Here There Be
The Neighborhood
It certainly isn't all of the problem, but it's a small bit of it.
The People Who Run The Country
While the rest of the country experienced a corrosive recession, unemployment in Arlington County, home of the Pentagon, never rose above 5 percent. Nearby Fairfax County, with a cyberintelligence industry that took off after the Sept. 11 terrorist attacks, gorged on government contracts to private companies.
Saturday, March 02, 2013
Austerity For Some...
The reason for all those austerity policies in Europe, here in the US and now in Egypt is usually given as the fervently hoped-for return of the confidence fairy. But as Paul Krugman has stated:
Consider how things were supposed to be working at this point. When Europe began its infatuation with austerity, top officials dismissed concerns that slashing spending and raising taxes in depressed economies might deepen their depressions. On the contrary, they insisted, such policies would actually boost economies by inspiring confidence.
But the confidence fairy was a no-show. Nations imposing harsh austerity suffered deep economic downturns; the harsher the austerity, the deeper the downturn. Indeed, this relationship has been so strong that the International Monetary Fund, in a striking mea culpa, admitted that it had underestimated the damage austerity would inflict.
Never mind about that. Something so painful must be good for us! I think that belief, especially when only applied to the masses, is what is so very appealing about the era of austerity.
----
For some links to the underlying theories about the confidence fairy who likes austerity policies, see my post here.
What Will Fix This
Italy's seasonally adjusted unemployment rate jumped to 11.7 percent in January from 11.3 percent the month before to hit its highest level for at least 21 years, data showed on Friday.
And Italy isn't nearly the worst case in Europe.
Friday, March 01, 2013
WDS: ICYMI
There's no support in the Village for sane public policy. But it's the new Global Village now. Just a piece in the NYTimes that the new luxury co-op apartments, like the converted Plaza Hotel are largely vacant. Not unowned. But only about twenty percent of the owners happen to be in town at any given time.
Going Forward
And nobody will do anything.