To all those Americans who wish they had the benefits or protection of Canadian citizenship, well, the value of the above has dropped like a stone in recent history, and none so obviously as with the current absurd Abousfian Abdelrazik episode. The poor man has a family in Canada, is a Canadian citizen by refugee asylum, and has been stuck in a Kafkaesque multiyear nightmare starting with imprisonment and torture by the Sudanese government, and ending with his residence at the Canadian embassy in Khartoum, which will not offer him a passport to return to Canada. Read more about Canada's completely ridiculous government
RL calls, so I have no time to do a complete grovel, but I was wrong. Brennan and Panetta are two peas in a pod. No accountability remains the Versailles watchword, even when Democrats are in power. Read more about I was wrong on Panetta
Two medical crises brought one financially stable family to its knees. And their story is happening all across America.
Amazingly, the Times covers this:
Michael Stoops, executive director of the National Coalition for the Homeless, said about a dozen advocacy groups around the country were actively moving homeless people into vacant homes — some working in secret, others, like Take Back the Land, operating openly.
Good. Why not? Read more about More green shoots: Take Back The Land
Ten priests say that the University of Notre Dame risks its "true soul" by inviting President Barack Obama.
And Arizona State University decides that Obama's historic historicism isn't enough to merit an honorary degree.
On the former story, it's shocking to see priests defying the Lord's will. Read more about This day in electoral college commencement
Well, actually Democrats.com is calling this a rally to "break up the banks", but I like Krugman's phrase better (I swear he's reading Lambert....)
In spite of my hackles rising at the selling of this event ("an exciting, youth-led grassroots movement", what does that remind me of?) I expect to be there. Anyone else? Read more about Exciting rally to make banking boring tomorrow in more than 60 cities and towns
Elizabeth Warren proposes four common factors for a workable bailout, based on success from the past. Transparency, assertiveness, accountability, and clarity. By these criteria, this from the Fed is a FAIL: Read more about Fed, in transparency FAIL, tells banksters to STFU on stress test results
(Not to hijack the branding, or anything.) Eric Hobsbawm writes:
[T]he basic idea that dominated economics and politics in the last century has patently disappeared down the plughole of history. This was the way of thinking about modern industrial economies, or for that matter any economies, in terms of two mutually exclusive opposites: capitalism or socialism.
In one of these freakonomical perverse results, apparently right-wing memes about socialism have been overused and are hence rebounding against them. Via Yglesias:
Only 53% of American adults believe capitalism is better than socialism. The latest Rasmussen Reports national telephone survey found that 20% disagree and say socialism is better. Twenty-seven percent (27%) are not sure which is better. Adults under 30 are essentially evenly divided: 37% prefer capitalism, 33% socialism, and 30% are undecided.