Saturday, June 22, 2013
Afternoon Thread
It hasn't gotten any quieter. There is construction on every single street. Or, at least it seems that way.
Friday, June 21, 2013
Happy Hour
Sometimes it's interesting to see how a newspaper front page looks in another country. Here's the UK Independent tomorrow. Or read Matt Taibbi's piece on the rating agencies.
Afternoon Thread
Afternoon Thread
Talk amongst yourselves. You all hate me anyway. [/pout]
A Sober God-Fearing Man
Threats
Mr. Mueller referred — but in greater detail than had been provided at Tuesday’s hearing — to newly declassified information linking the program to a case in which several men in San Diego were discovered to have sent about $8,500 to Al Shabab, a terrorist group in Somalia.Threat that, sadly, can't be addressed, beyond additional service charges:
State and federal authorities decided against indicting HSBC in a money-laundering case over concerns that criminal charges could jeopardize one of the world’s largest banks and ultimately destabilize the global financial system.
Thursday, June 20, 2013
Paneling, Paneling
We've saved Social Security, now on to ending sexism and misogyny.
Wednesday, June 19, 2013
Greg Mankiw Defends the One Percent
Should you suddenly feel compelled to study the economic arguments that might justify why the very rich are so very rich and why the rest of us are not, you can read Mankiw's paper (pdf).
My impression, after reading it, is that Mankiw tries to explain increasing income inequality in a world where tax policies have never changed in the direction of benefiting the wealthier, where outsourcing and globalization are not fairly recent phenomena, and where all markets are not only very competitive but where we all can immediately spot the true marginal productivity of all financial firm managers!
For more erudite criticisms, go here, here, and here. More on the topic here and here.
"Progressive" language lessons
Tuesday, June 18, 2013
Skills Gap
Afternoon Thread
There is no question in my mind that a baby at 20-weeks after conception can feel pain. The fact of the matter is, I argue with the chairman because I thought the date was far too late. We should be setting this at 15-weeks, 16-weeks,” said the former OB/GYN during the House Rules Committee debate on the “Pain-Capable Unborn Child Protection Act.
Watch a sonogram of a 15-week baby, and they have movements that are purposeful,” he continued. “They stroke their face. If they’re a male baby, they may have their hand between their legs. If they feel pleasure, why is it so hard to believe that they could feel pain?
Notice, he doesn't think female babies do the same. Asshat.
HAMP'd
Somehow every state and federal law enforcement official in the country skipped over talking to bank employees who got Target gift cards as bonuses for putting homeowners in foreclosure, and this had to come out in a class-action lawsuit. Funny how that goes.
Oh, and also, mortgage servicers try to rip off natural disaster victims.
Your bowl of sadness for the day.
The Grift Goes On
Its most interesting feature, however, is not architectural, but financial. The house, which is owned by John Sexton, the president of New York University, was bought with a $600,000 loan from an N.Y.U. foundation that eventually grew to be $1 million, according to Suffolk County land records. It is one of a number of loans that N.Y.U. has made to executives and star professors for expensive vacation homes in areas like East Hampton, Fire Island and Litchfield County, Conn., in what educational experts call a bold new frontier for lavish university compensation.
N.Y.U. has already attracted attention for the multimillion-dollar loans it extends to some top executives and professors buying homes in New York City, a practice it has defended as necessary to attract talent to one of the most expensive cities on earth. Mortgage loans to Jacob Lew, a former N.Y.U. executive vice president, part of which was eventually forgiven, became an issue during Mr. Lew’s confirmation hearings as treasury secretary this year.
I Hate Waking Up To An Alarm Clock
Monday, June 17, 2013
Spooky Action At A Distance
Culture
US Soldier's 'Phone Sex' Intercepted, Shared
Faulk says he and others in his section of the NSA facility at Fort Gordon routinely shared salacious or tantalizing phone calls that had been intercepted, alerting office mates to certain time codes of "cuts" that were available on each operator's computer.
"Hey, check this out," Faulk says he would be told, "there's good phone sex or there's some pillow talk, pull up this call, it's really funny, go check it out. It would be some colonel making pillow talk and we would say, 'Wow, this was crazy'," Faulk told ABC News.
This isn't just individual abuse of power, it's an environment where people thought it was cool to share.
Barack Obama Doesn't Run Booz Allen
I get that people want to trust Obama, but he's really not in control.
Tiny Bit Of Eschaton History
Program Notes
A truly fine reporter on stuff that matters
A point to remember about all this when we're talking about keeping information from "the enemy": This is all information that "the enemy" already knows because, you know, when you've run drone strikes on people, it's not a secret to them. The "enemy" who is being kept in the dark by any administration that practices this kind of secrecy, war on whistle-blowers, and treating a nominally free press as traitors, is the American people.
Sunday, June 16, 2013
Is there finally a stake in its heart?
(I always want to use that Blood From the Crypt font when I write "Grand Bargain", but I'm too lazy.)
Some thread
The Big Money
But the grift and the civil liberties issues are one and the same. We might be able to trust civil servants toiling away at decent if not huge salaries for the greater good. There's no reason we can even imagine trusting a giant network of for profit companies bilking taxpayers for everything they can.
I've told this story a million times, but it was the most instructive overheard conversation I ever had the privilege to overhear. At a resort in Palm Springs: "Katrina happened, and then everyone got rich."
Obviously everybody didn't get rich. The victims didn't get rich. But this guy and his friends did.
What's It All About Then
WASHINGTON — When the United Arab Emirates wanted to create its own version of the National Security Agency, it turned to Booz Allen Hamilton to replicate the world’s largest and most powerful spy agency in the sands of Abu Dhabi.
Multimedia
It was a natural choice: The chief architect of Booz Allen’s cyberstrategy is Mike McConnell, who once led the N.S.A. and pushed the United States into a new era of big data espionage. It was Mr. McConnell who won the blessing of the American intelligence agencies to bolster the Persian Gulf sheikdom, which helps track the Iranians.