Ryan Griffin in HuffPo, yeah yeah:

A bloc of African American House Democrats, angry and worried that not enough is being done about high unemployment by the administration, forced the postponement of a much-anticipated vote Thursday on comprehensive financial regulation reform.

And "progressives" couldn't do the same thing on health care why, exactly?

(x-posted at ePluribus media)

Via The Hill, John Conyers hammers Obama's weak stance in the healthcare battle in a radio interview:

"I'm getting tired of saving Obama's can in the White House," Conyers said on the liberal Bill Press radio show. "He only won by five votes in the House, and this bill wasn't even anything to write home about."

"The only way he could have got it through was that progressives held their nose," Conyers added.

The veteran Michigan Democrat had teamed with Rep. Dennis Kucinich
(D-Ohio) to push single-payer options in the health reform bill, a
battle which Conyers said was far from over.

And on Rahm Emmanuel? Via the NY Times:

Pravda:

The Obama administration announced plans Monday to hold a forum on jobs and economic growth at the White House on Dec. 3, after which the president will go on the road to demonstrate his concern about the nation's rising jobless rate.

With the nation's unemployment rate at its highest level in 26 years, President Obama plans to bring together CEOs, small business owners and financial experts* to sound out ideas for continuing to expand [?] the economy and create jobs.

"During these difficult economic times, we have a responsibility to consider all good ideas to encourage and accelerate job creation in this country," Obama said in a statement.

The president outlined plans for the forum before leaving for Asia last week, but at the time had not nailed down a date. The White House said Obama would follow the forum with a visit to Allentown, Pa., for the first stop of what the White House is calling a Main Street Tour, which will take him to across the country over several months.

Months. So, we're going to have to go through the campaign of 2008 all over again.

I'll just quote Riggsveda:

The Final Word on Health Care Reform

Charles Pierce at Altercation sums it up so perfectly it needs nothing more than a blockquote:

I'm sorry but while both Ezra KLEIN and Jon COHN have done great work on this issue, they are talking here about a country and a political system that no longer exist. And their responses to Marcia Angell's CRI DE COEUR are largely political, and not really to the point of her piece, which is that no substantive reform of the system is possible until the control that the insurance industry exercises over the practice of medicine is broken forever. The now-familiar argument is that the House bill--even if it had a snowball's chance in hell of surviving the Senate intact, which it doesn't--represents a good first step. When exactly was the last time our political system--to say nothing of the Congress--did anything in "steps"? We don't progress. We move a step ahead, and then there's an election, and then we move another ste

CBS:

In a case that raises questions about online journalism and privacy rights, the U.S. Department of Justice sent a formal request to an independent news site ordering it to provide details of all reader visits on a certain day.

The grand jury subpoena also required the Philadelphia-based Indymedia.us (One of the biggest independent news sites) Web site "not to disclose the existence of this request" unless authorized by the Justice Department, a gag order that presents an unusual quandary for any news organization.

That's the sting in the tail of this Golden Sacks report quoted at HuffPo. To GS, though status quo is best* (bien sur), the Senate Finance Bill is the "base" scenario, a watered down version of it the "bull" scenario_{MR SUBLIMINAL No shit} and the HR 3962 is the "bear" scenario. But remember the baseline on financial reform? That if the banksters aren't threatening to commit suicide, the reforms are too weak? Same here. If GS isn't saying the bills are the end of the world, they're too weak.)

A Goldman Sachs analysis of health care legislation has concluded that, as far as the bottom line for insurance companies is concerned, the best thing to do is nothing. A close second would be passing a watered-down version of the Senate Finance Committee's bill.

Haw.

A study put together by Goldman in mid-October looks at the estimated stock performance of the private insurance industry under four variations of reform legislation. The study focused on the five biggest insurers whose shares are traded on Wall Street: Aetna, UnitedHealth, WellPoint, CIGNA and Humana.

The Senate Finance Committee bill, which Goldman's analysts conclude is the version most likely to survive the legislative process, is described as the "base" scenario. Under that legislation (which did not include a public plan) the earnings per share for the top five insurers would grow an estimated five percent from 2010 through 2019. And yet, the "variance with current valuation" -- essentially, what the value of the stock is on the market -- is projected to drop four percent.

Things are much worse [that is, better for people who need health care], Goldman estimates, for legislation that resembles what was considered and (to a certain extent) passed by the House of Representatives. This is, the firm deems, the "bear case" scenario -- in which earnings per share for the top five insurers would decline an estimated one percent from 2010 through 2019 and the variance with current valuation is projected to be negative 36 percent.

What the firm sees as the best path forward for the private insurance industry's bottom line is, to be blunt, inaction.

The study's authors advise that if no reform is passed, earnings per share would grow an estimated ten percent from 2010 through 2019, and the value of the stock would rise an estimated 59 percent during that time period.

And now, here's the sting:

No Associated Press content was harmed in the writing of this post

Barney Frank has become something of a darling on the left because of his feistiness, which heaven knows is in short supply among Democratic politicians. That quality seems to work best for someone who will go down with the ship on principle, all other considerations be damned; someone like Dennis Kucinich, who voted against the House health care bill under just that circumstance. (Phoenix Woman brilliantly articulated the hazards of this outlook.*) It does not work so well with someone who appears to be at least half in the pocket of the interests he ostensibly oversees.

His interview with Ed Schultz earlier this week gave a clear illustration of why. Schultz pushed on a couple of key points: Last year's bailout came with no strings attached, and as a result the major players have gone back to the same reckless behavior. Frank turned prickly, which is what feisty looks like when you don't like it, and almost immediately said "don't condescend to me" when Schultz was obviously doing no such thing. He proceeded to condescend to Schultz throughout the interview; "the point I made to you several times" and "What's the matter with you?" stand out. There was also this:

SCHULTZ: Congressman, why can't you just admit that this was a serious misstep on the part of the Congress? You forked out billions of dollars to save the economy, I get all that, to get the structure back going again. But you didn't ask them questions about how this...

FRANK: No, Ed. You're wrong.

SCHULTZ: Oh, tell me I'm wrong.

FRANK: You're wrong. And I'd like to be able to explain it.

... for another Kool-Aid aperitif. Obama's thinking 2010 won't be 1937-38. But Krugman's disagreeing. Krugman's got a keen chart, too:

Pravda buries the lead:

Allies [of departing White House counsel Gregory Craig] also note that he oversaw the successful confirmation of Sonia Sotomayor to the Supreme Court and praised him for trying to keep Obama in synch with some of the ideologically liberal ideas he promoted in the campaign.

McClatchy called their shot on this "Rahmian act of public humiliation" back in September.

Via Naked Capitalism:

Excellent news from Single Payer Health Care:

It is with great pride that I pass on the wonderful news that the Lancaster City Council tonight unanimously passed Council Resolution No. 74-2009, urging the PA General Assembly to support the passage of HB1660 and SB400.

Lancaster joins the City Councils of Philadelphia, Pittsburgh, Wilkes Barre, West Reading and Reading and the Allegheny County Council in moving the state of Pennsylvania one step closer to becoming the first state to pass single-payer legislation. Together, these councils represent over 3 million Pennsylvanians and more than 25% of the population of Pennsylvania.

The only reason the Howler repeats himself is that our famously free press does. As for example:

This morning, the gods rocked with laughter: On Olympus, that is. Reason? On the front page of the New York Times, Sheryl Gay Stolberg penned a report about the way current health reform bills would deal with American health care spending. On Olympus, her opening paragraph produced some muffled laughter:

STOLBERG (11/10/09): As health care legislation moves toward a crucial airing in the Senate, the White House is facing a growing revolt from some Democrats and analysts who say the bills Congress is considering do not fulfill President Obama's promise to slow the runaway rise in health care spending.

Note that definition again: We’ll accept a rise in health care spending—it just can’t be a runaway rise! As Stolberg continued, the muffled laughter became full-throated—almost a roar:

STOLBERG (continuing directly): Mr. Obama has made cost containment a centerpiece of his health reform agenda, and in May he stood up at the White House with industry groups who pledged voluntary efforts to trim the growth of health care spending by 1.5 percent, or $2 trillion, over the next decade.

Can you see why the gods, and their guests, were now openly laughing? In the face of a “runaway rise in health care spending,” Stolberg almost seemed to suggest that a “trim” in growth, of 1.5 percent, somehow connected to the idea that “cost containment” was “a centerpiece” of Obama’s agenda! And then too, the gods, and their guests, had all seen the OECD figures—the figures which show the baseline of American health care spending. Can you see why the gods, and their guests, were now laughing hard at us mortals?

Total spending on health care, per person, 2007
United States: $7290
France: $3601
Germany: $3588
United Kingdom: $2992
Italy: $2686
Spain: $2671
Japan: $2581 (2006)

There’s the baseline for any future rise. In 2007, the U.S. spent 102 percent more than the French! In Stolberg’s account, it seems that we’re planning to “trim” 1.5 of those 102 points! But then, cost containment is a centerpiece of our health care agenda!

On Olympus, the sides of the gods are starting to split in the face of our culture’s year-long clowning—clowning which is mainly conducted at the very top of our “press corps.” Our advice: Surrender the prejudice of your youth! In a hundred different ways, you were told that “man” is “the rational animal!” As your society flounders and drowns, you—like the gods—can learn to see something quite different.

By contrast, here's how they do it in France:

Krugman:

[T]he G.O.P. has been taken over by the people it used to exploit.

If only the same thing would happen with the Democrats!

Masthead

The Corrente Review Of Games is published on the first Saturday of the month.
Posting is done in rotation by the following contributors:

Aeryl,
BDBlue and
danps.

Please contact any of us with submission ideas or feedback.

[cross posted at NPR Check]

This is a transcript of the chat I had with Matthew Kerbel about his new book celebrating the "netroots," including groups like Daily Kos and Open Left which he considers to be part of "the Left." In this chat I tried to pin him down more specifically about what he meant by "the Left" and "progressives." First I'll post the Firedoglake summary so you can get more of an idea of what his book is about, and then the chat.

Go read. I don't have time to post on this right now, but if readers can pick this up in comments, it would be great. Also, somebody who hasn't been banned over at OL might consider posting a Quick Hit on it. Be sure to put "single payer" in the subject line and, just for shits and grins, take a screen dump.

Susie and Atrios have both cried foul on this:

WASHINGTON — Faced with anxiety in financial markets about the huge federal deficit and the potential for it to become an electoral liability for Democrats, the White House and Congressional leaders are weighing options for narrowing the gap, including a bipartisan commission that could force tax increases and spending cuts.

This is disaster capitalism:

step one, pervert the financial system into a kleptocracy, steal everything in sight

step two, use the inevitable crisis as a way of destroying democracy and steal what is left

A new poll on the Massachusetts Senate race has state Attorney General Martha Coakley dominating the field with 37 percent support from registered Democrats and unenrolled voters, who are eligible to vote in the primary. That is more than double her nearest challenger, with 14 percent backing Boston Celtics co-owner Steve Pagliuca and 13 percent supporting Congressman Mike Capuano.

Heh. nycweboy:

I was struck - but not surprised - by the relative silence over a Sunday front page NYT article about the White House's "DudeBro" problem: the reality that the President is surrounded by the lefty equivalent of the all male "boys club" mentality that can be found many places, including Washington politics. ...

Great post on Ehrenriech's book, with a sting in the tail.

[Welcome, OL readers. Since I've been banned from OL, I won't be able to keep posting links to single payer activism like this. Please feel free to stop by here. -- lambert]

Clever media strategy from Mobilization for Health Care For All, going for local coverage. That circumvents the "progressive" media blackout, as well as the blackouts by the administration, the FKDP, and our famously free press. Links:

Nice list of links:

Press Coverage from 10/28:
San Francisco Chronicle:
http://www.sfgate.com/cgi-bin/blogs/chro...

South Florida Sun-Sentinel

In order of appearance:

---
Seminal Diary at FDL

ACTION: Senator Reid does the American thing, puts a public option in the Senate bill. Support him, by Jason Rosenbaum (aka HCAN employee, aka I’m proud to work for Health Care for America Now).

Link included to sign "thank you to Sen Reid".

----
FDL Action post

Excitement over Public Option in Senate Health Bill Leads to Premature Congratulations, by Jane Hamsher

I know it’s fun to get he pom-poms out, but what exactly is everyone celebrating?

[snip]Health Care for America Now was championing Reid for “standing up” and doing the right thing, collecting more than 20,000 signatures on a thank-you petition to the leader.

Profiles in courage! Politico, but:

Democrats are pushing Senate leaders and the White House to speed up key benefits in the health reform bill to 2010, eager to give the party something [anything!] to show taxpayers for their $900 billion investment in an election year.

The most significant changes to the health care system wouldn’t kick in until 2013 – two election cycles away. With Republicans expected to make next year a referendum on health care reform, Democrats are quietly lobbying to push up the effective dates on popular programs, so they'll have something to run on in the congressional midterms.

Under both bills, people who have been denied insurance due to preexisting conditions or who have been uninsured for six months could seek coverage in a high-risk pool available in 2010.

It's late, so I don't have time to run this down, but presumably "high risk" means "high price"?

Felix Salmon:

The length of time the average unemployed person has been without a job has been hitting new record highs for a while; it’s now managed to pass the 6-month mark. That’s much higher than any previous peak in this data series. And I fear that the only way it’s likely to come down any time soon is as these people become so demoralized that they take themselves out of the labor force altogether.

The overwhelming majority of the working population will never be able to prepare themselves for a period of unemployment lasting more than six months. As financial-market types worry about possible inflation in a few years’ time, tens of millions of Americans are finding themselves in a very real personal financial crisis to which there is no visible solution. Given the Fed’s dual mandate, it makes sense to keep interest rates low for the foreseeable future. Inflation is possible; unemployment is catastrophically real.

But isn't it great that we didn't lose our houses because of HOLC? Oh, wait... But isn't it great that we have jobs from a 21st century WPA? Oh, wait... But isn't it great that we don't lose health care even when we lose our jobs? Oh, wait... And isn't it great that we've reined in the banksters so they don't do the same thing all over again? Oh, wait...