04 June 2012
03 June 2012
Selecting a bunch of anti-Keynesians and following their advice early on was a bone-head move. I posted at the time that Obama should have listened to - instead of rudely denigrating - Krugman's warnings that Obama's inaugural budget was not remotely bold enough.
It shouldn't come as a surprise that Obama is only a pale imitation of a Keynesian in comparison with the GOP's hero, Ronald Reagan - such is the insane era we live it when one can say that Obama's biggest mistake was lacking the courage to be half the Keynesian Ronald Reagan was.
06 May 2012
Yawn . . .
This evidently comes as a surprise to people.
Who ever could have guessed such things go on in the halls of power?
Meanwhile, back in the U.S. of A., the only surprise these days is that some in Rupert's own family appear to have briefly strayed off-message:
"[Matthew] Freud told the New York Times he was "ashamed and sickened by Roger Ailes's horrendous and sustained disregard of the journalistic standards that News Corporation, its founder and every other global media business aspires to [cue stifled gag reflex]".Freud, who is married to Elisabeth, Rupert Murdoch's second daughter, was speaking to the NYT for a profile of Ailes, who is President of Fox News, and prefaced his comment by saying that he was "by no means alone within he family or the company" in holding such hostile views of Fox News.
I suspect Wendi has been dispatched to deal with Freud's intemperate remarks. She is definitely the one to fear:
18 April 2012
07 April 2012
"The legal opinions have grave weaknesses"

"We are unaware of any precedent in World War II, the Korean War, the Vietnam War, or any subsequent conflict for authorized, systemic interrogation practices similar to those in question here."And, yes, the Bush White House did everything possible to destroy all copies of this particular memo, figuring it might be difficult to explain to a media, even one as craven and compromised as ours turned out to be.
". . . [T]he issue is not about who or what [the detainees] are. It is about who or what we are."
31 March 2012
Unravelling

In daggers-drawn Washington, Democrats and Republicans have been able to agree only on a certain type of spending cut. The bulk are targeted at the one slice of the federal budget that qualifies as investment – “domestic non-defence discretionary spending”, which accounts for only 12 per cent of the pie. This includes research and development, infrastructure and education programmes – areas that matter greatly to America’s future competitiveness. They could be described as the “tomorrow” part of the US budget. The remainder, which is mostly healthcare for retirees, pensions, defence and interest payments on past debt, might be seen as the “yesterday” portion. Yet Washington’s first instinct in the new era of austerity was to shortchange the future. There will be more to come even if Obama is re-elected.
29 March 2012
21 December 2011
Oh, Tommy . . .
As I never bought the argument that Saddam had nukes that had to be taken out, the decision to go to war stemmed, for me, from a different choice: Could we collaborate with the people of Iraq to change the political trajectory of this pivotal state in the heart of the Arab world and help tilt it and the region onto a democratizing track? After 9/11, the idea of helping to change the context of Arab politics and address the root causes of Arab state dysfunction and Islamist terrorism — which were identified in the 2002 Arab Human Development Report as a deficit of freedom, a deficit of knowledge and a deficit of women’s empowerment — seemed to me to be a legitimate strategic choice.
What they needed to see was American boys and girls going house to house, from Basra to Baghdad, um and basically saying, “Which part of this sentence don’t you understand?” You don’t think, you know, we care about our open society, you think this bubble fantasy, we’re just gonna to let it grow? Well, Suck. On. This. . . We could have hit Saudi Arabia. It was part of that bubble. Could have hit Pakistan. We hit Iraq because we could. That’s the real truth . . .
02 October 2011
We're getting closer to the day . . .
29 August 2011
Just like ancient Rome
At least he attracts good readers with interesting things to say - the comments are better:Mr. Perry, the governor of Texas, recently made headlines by dismissing evolution as “just a theory,” one that has “got some gaps in it” — an observation that will come as news to the vast majority of biologists. But what really got peoples’ attention was what he said about climate change: “I think there are a substantial number of scientists who have manipulated data so that they will have dollars rolling into their projects. And I think we are seeing almost weekly, or even daily, scientists are coming forward and questioning the original idea that man-made global warming is what is causing the climate to change.”
That’s a remarkable statement — or maybe the right adjective is “vile".
As an engineer and a one-time scientist I will tell you that all the admininstrations since Nixon have been anti-science. Oh, I forgot Reagan. He was big on defense science. His time was a boom period for those of us in toy development.
Ever since global warming and the end of cheap energy became obvious to scientist, corporations have been threatened by science. The first move to eliminate government funding of basic research began in 1972 under Nixon. This when the first warnings of the end of cheap oil and the effects of over-population and pollution came to light. A Rand Corporation white paper predicted how a rapid growth in population would produce dire consequences for human kind; that was 1969.
Corporations found it easier to turn down the volume by turning down the funding. That way, the average investor can stay fat, dumb and happy. Then, they started buying scientists to spin their own story. So, here we are with pseudo science to match the few who will speak up. Fortunately, there are more social-leaning governments in Europe to speak the truth.
Listen, the cheap oil started running out in 2003 when the Saudis lost one of their big reservoirs (background: Hubbert's Peak-wikapedia). The ACS published results showing that mercury contamination in fish caught in mountain streams match the levels in those raised in farms --- and, that level is near the danger threshhold. The temperature rise we are measuring annually will accelerate once the ice caps are melted year-round and this will happen in only a couple of dozen year --- and, it can't be reversed.
How do the rich benefit if the earth is over-populated, hungry, and in the dark. The rich always benefit. Look at Rome; you just climb higher over the corpses.
24 August 2011
Finally . . .

"If James Murdoch was giving his lecture this year," Thompson writes, "I'd suggest he amended only one word in that final sentence. The only reliable, durable and perpetual guarantor of independence is not profit. Nor who you know. Nor what corners you can cut. It's integrity."Better late than never.
17 August 2011
Best Fiscal Policy Proposal Yet
13 August 2011
Go back to law school
I'm a lawyer. It's hard to explain just how outside the mainstream this kind result would have been just 5-10 years ago.I graduated a top law school in '02. If you had written something like this on your 1L Con Law exam you would have gotten an F, because it's not just a wrong view, it's a view that ignores 60 years of precedent.
To overturn the health care law is to erase the profound turn that the Supreme Court took in 1937 when it rejected the Lochner Era approach and adopted the modern/New Deal era approach to jurisprudence.
The idea that we're even having this conversation - and the Circuit courts are splitting on this question! - suggests just how far we've come in a very, very short time. The movement conservatives have all come out of the closet - even the ones on the federal bench. They smell a final victory: a return to Gilded Age America.
09 August 2011
10 July 2011
Save the Fair Maiden

Courtesy of the BBC today, Rupert inform us of his that his top priority is his red-head at the helm, as opposed to fully cooperating with police and getting to the bottom of what went wrong on her watch. Rupert appears not to be very concerned about the people in this country - other than Rebekah, of course - or their institutions.
Meanwhile, sonny-boy shrugs his shoulders:On Thursday, News International chairman James Murdoch, son of Rupert, announced the paper would be closing down in the wake of the latest revelations and in its final editorial the paper said: "Quite simply, we lost our way".
News International said James Murdoch had no knowledge of the e-mails that Harbottle & Lewis were asked to review.
Here is a former NoW reporter's description of life in the trenches (also courtesy of the BBC) - an excerpt:
Moral qualms? Rarely. Celebrities, politicians and common-or-garden scumbags were the stock-in-trade and absolutely fair game.
Who would care about the ethics if you exposed a dodgy politician or a paedophile? Certainly not me.
You could put the fear of God into an MP just by phoning and saying: "Hi, I'm a reporter from the News of the World."
Kind of "ignore me at your peril". Definitely a thrill.
And to be honest, we were onto the next thing so quickly that we didn't have time to reflect on the stories and those involved.
All investigative reporters from any paper or TV channel have to cross boundaries to get the story. The end often justified the means.
And the resources? At 10am on a Tuesday (the start of the working week for us), it was: "Dan, go to Heathrow Airport. Pick up five grand in cash from the Amex desk. Get to Sardinia. Now." Boring? No.
But you were only as good as your last story, and I've heard other former journos describe how your bylines were counted up over the year, to see who would get the sack.
Based on demonstrable evidence to date, is it remotely plausible that News International "lost its way"? The only way in which this might be the case is that - for once - they've been caught red-handed and are on the defensive. But fret not: this, too, shall pass. Rupert's here to save his red-headed lass; he's taken the reins and they'll be on their way before you know it. They know exactly where they're going.
09 July 2011
I hate the fact I didn't write this
. . . I'm over the moon about that the Culture Secretary is about to make News Corporation an even more colossal media empire than it already was (it owns a third of the British newspaper market), despite heavy criticism leveled at News Corp-owned News of the World this week by the liberal media, who resorted to "facts" and "basic decency" in order to ruin this paper's good name.
The LAST thing anyone wants is a plurality of opinion and voices in the media. After all, when I said I heard lots of voices in my head, they called me MAD. This government has made the same decision I made -- pick one of those voices and follow it. No matter how INSANE and EVIL publications like News of the World appear to be -- according to "the facts" -- we can rest easy that this noble empire is about to become a lot more powerful, thanks to Jeremy Hunt.
08 July 2011
Profound Insights by James Murdoch

"These allegations are shocking and hugely regrettable."
"Rebekah [Brooks] and I are absolutely committed, this company is committed, to doing the right thing and what that means is about co-operating and working fully with the police investigations into those alleged practices and into those activities. It's also about putting into place the processes, so that we understand what happened and we have a process in place to make sure these things don't happen again. I'm satisfied that Rebekah, her leadership of this business and her standard of ethics and her standard of conduct throughout her career are very good."
07 July 2011
I wonder when the penny drops . . .
06 July 2011
Getting kind of ridiculous now
