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Caro's picture

Politics and Media Headlines 3/27/09

Oligarchy? Or Kleptocracy? You decide! (3)

And go read Baseline Scenario's (and IMF's, sigh) Simon Johnson on "The Quiet Coup". It seems that Keynes was both right, and wrong, when he wrote: Read below the fold...

Oligarchy? Or Kleptocracy? You decide! (2)

Go read Glenn immediately, who argues that we're not going down the path of Japan, but Russia and Argentina; classic Shock Doctrine analysis (which Japan, I now see, did not employ. Maybe that's why our famously free press holds them up as the example not to follow.*) He concludes: Read below the fold...

Oligarchy? Or Kleptocracy? You decide! (1)

Economist's View has this sober comment on Willem Buiter's comment that having the Fed orchestrate the greatest transfer of wealth in American history without so much as a hearing is undemocratic: Read below the fold...

Obama sides with Bush, banksters against consumers, states on regulating discrimination in lending

If Andrew Cuomo wants to be tougher on the banksters than the Fed, he should be allowed to. Ditto state health care policies, where we could still get single payer if the Democrats, for some reason, don't manage to do the right thing. That's why this case is important, and discouraging. Bloomberg: Read below the fold...

geneo's picture

Alabama PACT Board Meeting Video Available

Havealittletalk has the best catch of the day on the Alabama Prepaid Affordable Tuition Fund debacle. After catching State Treasurer Kay Ivey citing some questionable numbers about the losses of the program she notes that Ivey attended the annual conference of th National Association of State Treasurers at a resort in Maine last August. Ivey was a discussion panelist for an event at the conference. The title of her remarks:

Achieving Accountability with Strategic Planning

Read below the fold...
Sarah's picture

Like the USSC, I know Obscenity when I see it. I see it here:

Thread: 

You will know who said these things. They are documented; you can get the audio and video from YouTube and all over the internet, if you so desire. But nobody raises a peep about this, and now this ... drug-addled blowhard ... is the de facto leader of the Republican party. Well, e-freaking-golldang-nuff, say I.

And I'm not alone. I didn't compile the list below. The person who did is a professional opinion poll designer and operator. The list is on the front page of his business's website: Read below the fold...

Larry, Larry, oh no, you gotta go

zil-117dOuch!

Leave aside for a moment the question of whether a market in which buyers have to be bribed to participate can really be described as “better functioning.”

And now, the throwdown: Read below the fold...

Obama to netroots: "I don't know what that says about the online audience" [snicker]

Er, that they're well-informed, passionate, and have a better grasp of public policy than you? In addition to being computer savvy and veteran online activists?

Full transcript of Obama playing smart and not being clever:

THE PRESIDENT: Three point five million people voted. I have to say that there was one question that was voted on that ranked fairly high and that was whether legalizing marijuana would improve the economy -- (laughter) -- and job creation. And I don't know what this says about the online audience -- (laughter) -- but I just want -- I don't want people to think that -- this was a fairly popular question; we want to make sure that it was answered. The answer is, no, I don't think that is a good strategy -- (laughter) -- to grow our economy. (Applause.)

Now, I'm betting that the drive for marijuana, er, reform skews young -- and it certainly doesn't skew Conservative (though possibly libertarian).

In other words, Obama just dissed his own base, all for the sake of a few laughs from his new found buddies in the East Room's gilt chairs. Hilarity ensues at The Obama 527 Formerly Known as Daily Kos, where the number one diary as of 11:00PM tonight is a terrific defense of marijuana legalization, which somehow fails to mention The One's views on the subject, expressed that very day. Read below the fold...

Sarah's picture

US Senate: AmeriCorps Needs Growth

Remember when Bill Clinton was in his first term and the First Lady hadn't yet run afoul of the health insurance industry lobby? All those years ago, 1993, Americorps was born. Today the Senate, following the lead of its ailing but uncowed lion, Senator Ted Kennedy. Please write your Congressmember and ask them to support this increase in Americorps. Read below the fold...

chicago dyke's picture

How Does Your Garden Grow? Pt. 1

I'm only able to write part one tonight, more later.
garden
Gosh, Obama pissed me off today ["clean" internet users: skim down to the end for the non-DFH related point to this post].Yes, that's not new, and no news to this blog. Ironically, he did so on one of those verboten issues that "stains" bloggers like me just by their very mention: he giggled at the idea, put forth by lots of 'reglar' folks at one of his outreach websites/media tools, that marijuana normalization is Serious. Worse, he slurred the online political community in the process, furthering the meme that all of us who write, speak, read and think about policy with online tools are Dirty Fucking Hippies and Hopheads. You know, not like Real Americans, such as the Two Wetsuits Good guy, or Senator Diapers 'n' Hookers.

I guess I don't write about pot policy more because to me, it's beyond obvious. Everything that our government does with respect to pot is ass-backwards. It's racist, expensive, wasteful, hypocritical, stupid, anti-environmental, supportive of terrorism, and a lost cause. I assume that all thinking people more or less agree with me, or at least admit that research, science, the history of policy, and the example of other nations, pro and con, back that up. It annoys me how many "progressives" and liberals remain silent, in this period in which we make all the mistakes of alcohol prohibition, but more seriously and at greater cost. But such is the price of being a Loyalist- no Serious Democrat speaks about legalization, ever, nor of any kind. We've spent a lot of time talking about Big Problems like why the "bailout" plans are a horror; I'm going to spend a little time talking about why Obama's remarks today are a smaller scale version, but big example of the same problem.

How many reasons can you come up with, which suggest and prove that marijuana normalization is the right and proper course for a civilized society? Never mind me, Glennzilla will be speaking on this topic at CATO on the 16th of April; I'll let him throw down hard data and numbers for me. But just tossing off, let's see what I can come up with: Read below the fold...

Woo Hoo! Happy Dance! Happy Dance! Happy Dance! Bernie Sanders IS God!

A c&p from PNHP...

Challenging head-on the powerful private insurance and pharmaceutical industries, Vermont’s Sen. Bernie Sanders introduced a single-payer health reform bill, the American Health Security Act of 2009, in the U.S. Senate Wednesday. The bill is the first to directly take on the powerful lobbies blocking universal health reform in the Senate since Sen. Paul Wellstone’s tragic death.

Read below the fold...

If we had single payer...

... Susie wouldn't need help on her COBRA.

And do read the comments for what two Canadians have to say about their health care system, which is not the profit-driven lethal clusterfuck that ours is. Read below the fold...

Andrew Cuomo sues AIG to find out which banksters ended up with their bailout billions

Counterparties! Hurrah! Bloomberg:

New York Attorney General Andrew Cuomo subpoened American International Group Inc.’s credit- default swap data to see whether its customers including Goldman Sachs Group Inc., Societe Generale SA and Deutsche Bank AG were improperly compensated with taxpayer dollars.

Read below the fold...

So, has Treasury policy-making been outsourced to the banksters at Goldman-Sachs?

You'd certainly think so, and not just because the top two slots on domestic policy are vacant, economic policy slots are vacant, vacant, vacant, and vacant, public affairs slots are vacant, vacant, vacant, vacant, vacant, vacant, vacant, vacant, vacant, vacant, and vacant, and the two top slots on tax policy are vacant. I count 19 vacancies, and that's just at the top levels.

So who's minding the store?

How can policy be made at Treasury if there's nobody there to make it? Read below the fold...

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