CBC makes "progressives" look like the sellouts they are
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?
Conyers: "I'm getting tired of saving Obama's can in the White House"
(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.
"Trailer trash"
[Carin] Froehlich is among the growing number of people across America fighting for the right to dry their laundry outside against a rising tide of housing associations who oppose the practice despite its energy-saving green appeal.
Although there are no formal laws in this southeast Pennsylvania town against drying laundry outside, a town official called Froehlich to ask her to stop drying clothes in the sun. And she received two anonymous notes from neighbors saying they did not want to see her underwear flapping about.
"They said it made the place look like trailer trash," she said, in her yard across the street from a row of neat, suburban houses. "They said they didn't want to look at my 'unmentionables.'"
What a fucking farce
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.
Massive takedown from Charlie Pierce on health insurance reform
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
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On What Planet Does Barney Frank Spend Most of His Time?
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.
Obama needs to invite Krugman to dinner again at the White House...
... 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:
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Relationships...
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.
Lies are not healthy, not even those found on page A1 of Izvestia
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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 gets it wrong on "Tea Party Republicans"
[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!
Politics is a dirty word for democracy
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
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Race for Ted Kennedy's Senate Seat Ignores Issues
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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.
"Silence of the DudeBros"
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. ...
Why is HCAN praising Reid for saying "The Bill" will include a "Public Option"?
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In order of appearance:
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.
Some sausage bits by 2010, other sausage bits by 2013
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"?
More unterbussen
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...
Taibbi: Elizabeth Warren for President. In 2012.
Isn't it time to have a Democratic President? A long quote from Taibbi, but a good one. And I'm glad we're starting this discussion now instead of in 2010 or, heaven forfend, 2012:
I’m personally of the opinion that our main problem lay with the fact that the Democratic Party as currently constituted is more afraid of losing the financial support of Wall Street and the health insurance industry and the pharmaceutical industry than it is of losing progressive voters. In fact, I think I’ve put that wrong, because it implies that the Democratic Party pushes the agenda of industry insiders out of fear. That is a misread of the situation, I think.
Obama throws "progressives" under the bus on so-called "public option"
Knock me over with a feather! Of course, the stenographer is Ceci Connolly, but presumably the administration took that into account when preparing its script:
President Obama's team, preparing for an intense round of private negotiations on Capitol Hill, used public appearances to set the parameters for the negotiations.
Obama continues to support the concept of a government-sponsored insurance option, but "he is not demanding that it is in" the final legislation, Valerie Jarrett, a senior White House adviser, said on NBC's "Meet the Press." "He thinks it's the best possible choice."
White House Chief of Staff Rahm Emanuel, in two television appearances, noted that the public option could provide much-needed competition, but that "it's not the defining piece of health care."
Nor could it ever have been!
The real Cassandra speaks!
Yves on Krugman's column today. She writes:
My big beef is that he didn’t go far enough and is WAAY too forgiving of the motivations and actions of Larry Summers and by extension, Team Obama.
Somebody kidnapped Paul Krugman at that White House dinner, didn't they? Krugman wrote:
Why the change in tone? Administration officials are furious at the way the financial industry, just months after receiving a gigantic taxpayer bailout, is lobbying fiercely against serious reform. But you have to wonder what they expected to happen. They followed a softly, softly policy, providing aid with few strings, back when all of Wall Street was on the ropes; this left them with very little leverage over firms like Goldman that are now, once again, making a lot of money.
Yves comments:
Fun with vampire squids: The post on Goldman Sachs you must read
[I'm leaving this sticky because a synonym for "economic rent" would be really nice to have and propagate. -- lambert]
Go read Numerian for a lucid explation of how GS is making its money. I'll wait.
Now, I want to pull out two paragraphs:
We’ve seen this year the scandal over High Frequency Trading, where Goldman and other firms have computers positioned at the New York Stock Exchange getting information on trades a millisecond before they are posted publicly. Goldman sees where the market is going second by second, positions itself for very short term profits, and in effect extracts a tax on trading by individual investors and mutual funds.
This tax is, exactly, a "rent," a concept which -- lambert blushes modestly -- we were hammering on rather early on, and which our tribunes of the people on the A list still haven't latched on to.
The second paragraph:
Boohooman
I, too, have been irritated by the administration's failure to take a stand against "progressive" bloggers!
Fait accompli
(In case you don't know, that's French for "Lay back and enjoy it.") Baseline Scenario:
On Friday morning, Diana Farrell – a senior White House official – made a significant statement on NPR’s Morning Edition, with regard to whether our largest banks are too big and should be broken up.
“Ms. DIANA FARRELL (Deputy Assistant for Economy Policy): We understand Simon Johnson’s views on this, and I guess the response is the following….
“Ms. FARRELL: We have created them [our biggest banks], and we’re sort of past that point, and I think that in some sense, the genie’s out of the bottle and what we need to do is to manage them and to oversee them, as opposed to hark back to a time that we’re unlikely to ever come back to or want to come back to.” (full transcript)
Ms. Farrell is Larry Summers’s deputy on the National Economic Council ....
Whaddaya mean, "we"?
I sold my pajamas to the junk man
What a bunch of WATBs "progressives" are. Somebody in the White House said something about somebody and now they don't feel v-a-a-l-i-dated. Or maybe they do but shouldn't. Or should and don't. The future lies ahead! Or it's wrong! All wrong! Bad Tux the Snarky Penguin offers some perspective, and guess what? "Incrementalism" is not the order of the day. Nor the complexity of trying to govern a divided Versailles
:
So who said I had pajamas on?
NBC's Harwood gives the views of "a White House official" -- "[T]hose bloggers need to take off the pajamas, get dressed, and realize that governing a closely divided country is complicated and difficult."*
Waaah!
If only we had a dynamic and progressive President who was a powerful orator and had mad negotiating skillz! Then things wouldn't be so c-o-m-m-m-plicated!
Anti-torture pony raped, left for dead
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