Showing posts with label Politics. Show all posts
Showing posts with label Politics. Show all posts
11/15/2011

Cain on Libya

Posted by Andrew |

11/14/2011

Confidence Men

Posted by Andrew |


I just finished reading Ron Suskind's "Confidence Men: Wall Street, Washington and the Education of a President" a few days ago. I must say, I was rather impressed by the book. Suskind is clearly an extremely talent writer, reporter and researcher, and it is hard to fathom how he was able to dig up so much history on the three years of the Obama presidency and a year of campaigning.

When I first started the book, I was a bit hesitant to give Suskind full credit for his objectivity - after all he is a Wall Street Journal reporter - owned by everyone's favorite right wing puppet master - Rupert Murdoch. However, through well thought out and researched arguments, Suskind had me convinced of the validity of his arguments within the first 100 pages (The entire book is 480 pages or so).

I won't spoil the story for anyone still interested in reading the book - but a long story short, Suskind argues that Obama in the end was played by Wall Street through a set of advisers (many of whom were previously from Wall Street) who manipulated and controlled information, limited the scope of debate, and generally pursued their individual agendas sometimes against the direct wishes of President Obama. The underlying critique was directed at Obama's lack of fundamental management skills, which seems to have some merit.

Go out and buy this book or check it out from the library. It's a great read and has some interesting insights into modern day politics and the Obama Administration.

As a disclaimer, I do plan on reading Bush's memoir

Wednesday, November 10, 2010 Scott Lucas in EA USA

An admission: while I spent years watching and writing about the Bush Administration, I have not rushed out to buy a copy of George W. Bush's ghost-written autobiography. I have not watched or listened to one of his many media interviews.

All it took was Bush's take-away headline yesterday morning --- the false claim that his approval of torture via waterboarding prevented Terrorist Attacks in the United Kingdom --- to reinforce years of conclusion that the 43rd President was/is a) lying b) immoral c) blissfully ill-informed d) all of the above.

And I do not think that hundreds of pages of text can do more than this Bushian comparison, made in his television promotion on Tuesday: 1) Torture was not wrong 2) What was wrong was pouring vodka into my sister's aquarium, killing her goldfish.

Stephen Walt, however, did have the patience to go beyond the puffery to offer an incisive critique of Bush's "Delusion Points". He begins with an essential case for not giving in to historical revision/forgetting:

Two years into Barack Obama's presidency, it has become a cliché to observe that the newish president, who spent his 2008 campaign promising a U-turn from his deeply unpopular predecessor's activities abroad, has ended up with a foreign policy that looks surprising like George W. Bush's. The United States has more troops in Afghanistan than it did at the end of the Bush years, Guantánamo is still open, efforts to engage Iran have failed, and while American soldiers may have begun pulling back from Iraq, they've left plenty of Western defense contractors in their wake.

In anticipation of tomorrow's release of Bush's memoir, Decision Points, this line of thinking is reinforcing one of the Beltway press corps' favorite rituals: the "was he really that bad?" nostalgia for a president that the same reporters and analysts were happily pummeling only two years ago.

Don't believe a word of it. George W. Bush's presidency really wasthat bad -- and the fact that Obama has largely followed the same course is less a measure of Bush's wisdom than a reminder of the depth of the hole he dug his country into, as well as the institutionalized groupthink that dominates the U.S. foreign-policy establishment.

Mirroring the Bush/ghostwriter approach of 14 chapters claiming a key decision that Bush made in his adult life, Walt puts forth his own list of 14 foreign policy decisions distinguishing the Bush years as President. The Iraq War, the ignorance of Al Qa'eda before 9/11 and then the elevation of Osama bin Laden "to the status of a warrior heroically defying the world's sole superpower", the dismissal of international agreements on law, justice, and the environment, failures in the Middle East and with Iran, and Hurricane Katrina --- "observers around the world saw this debacle as both a demonstration of waning U.S. competence and a revealing indicator of continued racial inequality, if not outright injustice" --- are all here.

However, in light of Bush's decision --- with Oprah, with Fox News' Sean Hannity, with radio host Rush Limbaugh, with NBC television --- to highlight his Torture Is Right approach, here is Walt's Decision 6:

Within days of the 9/11 attacks, the Bush administration began preparing to authorize a set of practices -- meticulously documented in Jane Mayer's excellent The Dark Side -- that are normally associated with brutal military dictatorships. These measures included the systematic use of torture, the suspension of habeas corpus, secret renditions of suspected terrorists, targeted assassinations, and indefinite detention without trial at Guantánamo and other overseas facilities. These practices were endorsed and approved by John Yoo, a mid-level official in the Bush Justice Department's Office of Legal Counsel, and Bush admits in his memoir that he personally approved the waterboarding of captured terrorist suspects. The sordid debacle at Abu Ghraib prison was hardly an isolated incident conducted by poorly supervised subordinates; it was in fact entirely consistent with Bush's post-9/11 approach to human rights and civil liberties. And as Obama's inability to shut down Guatánamo suggests, it may take decades to dismantle these practices and restore America's tarnished international image.

November 2, 2010, 11:59 pm
How Obama Saved Capitalism and Lost the Midterms
By Timothy Egan

If I were one of the big corporate donors who bankrolled the Republican tide that carried into office more than 50 new Republicans in the House, I would be wary of what you just bought.

For no matter your view of President Obama, he effectively saved capitalism. And for that, he paid a terrible political price.

Suppose you had $100,000 to invest on the day Barack Obama was inaugurated. Why bet on a liberal Democrat? Here’s why: the presidency of George W. Bush produced the worst stock market decline of any president in history. The net worth of American households collapsed as Bush slipped away. And if you needed a loan to buy a house or stay in business, private sector borrowing was dead when he handed over power.

As of election day, Nov. 2, 2010, your $100,000 was worth about $177,000 if invested strictly in the NASDAQ average for the entirety of the Obama administration, and $148,000 if bet on the Standard & Poors 500 major companies. This works out to returns of 77 percent and 48 percent.

But markets, though forward-looking, are not considered accurate measurements of the economy, and the Great Recession skewed the Bush numbers. O.K. How about looking at the big financial institutions that keep the motors of capitalism running — banks and auto companies?

The banking system was resuscitated by $700 billion in bailouts started by Bush (a fact unknown by a majority of Americans), and finished by Obama, with help from the Federal Reserve. It worked. The government is expected to break even on a risky bet to stabilize the global free market system. Had Obama followed the populist instincts of many in his party, the underpinnings of big capitalism could have collapsed. He did this without nationalizing banks, as other Democrats had urged.

Saving the American auto industry, which has been a huge drag on Obama’s political capital, is a monumental achievement that few appreciate, unless you live in Michigan. After getting their taxpayer lifeline from Obama, both General Motors and Chrysler are now making money by making cars. New plants are even scheduled to open. More than 1 million jobs would have disappeared had the domestic auto sector been liquidated.

“An apology is due Barack Obama,” wrote The Economist, which had opposed the $86 billion auto bailout. As for Government Motors: after emerging from bankruptcy, it will go public with a new stock offering in just a few weeks, and the United States government, with its 60 percent share of common stock, stands to make a profit. Yes, an industry was saved, and the government will probably make money on the deal — one of Obama’s signature economic successes.

Interest rates are at record lows. Corporate profits are lighting up boardrooms; it is one of the best years for earnings in a decade.

All of the above is good for capitalism, and should end any serious-minded discussion about Obama the socialist. But more than anything, the fact that the president took on the structural flaws of a broken free enterprise system instead of focusing on things that the average voter could understand explains why his party was routed on Tuesday. Obama got on the wrong side of voter anxiety in a decade of diminished fortunes.

“We have done things that people don’t even know about,” Obama told Jon Stewart. Certainly. The three signature accomplishments of his first two years — a health care law that will make life easier for millions of people, financial reform that attempts to level the playing field with Wall Street, and the $814 billion stimulus package — have all been recast as big government blunders, rejected by the emerging majority.

But each of them, in its way, should strengthen the system. The health law will hold costs down, while giving millions the chance at getting care, according to the nonpartisan Congressional Budget Office. Financial reform seeks to prevent the kind of meltdown that caused the global economic collapse. And the stimulus, though it drastically raised the deficit, saved about 3 million jobs, again according to the CBO. It also gave a majority of taxpayers a one-time cut — even if 90 percent of Americans don’t know that, either.

Of course, nobody gets credit for preventing a plane crash. “It could have been much worse!” is not a rallying cry. And, more telling, despite a meager uptick in job growth this year, the unemployment rate rose from 7.6 percent in the month Obama took office to 9.6 today.

Billions of profits, windfalls in the stock market, a stable banking system — but no jobs.

Of course, the big money interests who benefited from Obama’s initiatives have shown no appreciation. Obama, as a senator, voted against the initial bailout of AIG, the reckless insurance giant. As president, he extended them treasury loans at a time when economists said he must — or risk further meltdown. Their response was to give themselves $165 million in executive bonuses, and funnel money to Republicans this year.

Money flows one way, to power, now held by the party that promises tax cuts and deregulation — which should please big business even more.

President Franklin Roosevelt also saved capitalism, in part by a bank “holiday” in 1933, at a time when the free enterprise system had failed. Unlike Obama, he was rewarded with midterm gains for his own party because a majority liked where he was taking the country. The bank holiday was incidental to a larger public works campaign.

Obama can recast himself as the consumer’s best friend, and welcome the animus of Wall Street. He should hector the companies sitting on piles of cash but not hiring new workers. For those who do hire, and create new jobs, he can offer tax incentives. He should finger the financial giants for refusing to clean up their own mess in the foreclosure crisis. He should point to the long overdue protections for credit card holders that came with reform.

And he should veto, veto, veto any bill that attempts to roll back some of the basic protections for people against the institutions that have so much control over their lives – insurance companies, Wall Street and big oil.

They will whine a fierce storm, the manipulators of great wealth. A war on business, they will claim. Not even close. Obama saved them, and the biggest cost was to him.

  • **While I find most of Goldberg's articles to be abhorrent Israeli propaganda, he makes a few good points in this article** "Americans who seek the marginalization of Muslims in this country are unwittingly doing the work of Islamist extremists. I am not arguing that there are no radical Muslims in our midst -- the Ft. Hood shooter, among others, has proven that there are -- but I am arguing that the vast majority of American Muslims are law-abiding citizens uninterested in either committing terrorism against their country, or in seeking to impose shari'a, Islamic law, on it."

  • **What is wrong with these people?** "The debate over the existence of terror babies continues to generate more heat than light. First, Rep. Debbie Riddle, R-Tomball, went on Anderson Cooper's show on CNN and claimed illegal aliens were coming into America to have babies, take them back home for indoctrination, then send them back to the U.S. in 20-30 years as terrorists. "

  • "Scientists at Tufts and Boston University have created a small "invisibility cloak" made of a gold-etched silk. The 1-cm square "cloak," made of a unique new metamaterial, works only on terahertz waves (T-rays) for now, but researchers hope in the near future to apply the same principles to make the material work at other wavelengths, and, with time, visible light spectrum."

  • "Then again, maybe the deflationary apocalypse really is upon us: For the first time in 35 years, the one sector of the economy always guaranteed to get more expensive suddenly became a bit cheaper in July. According to a report released today by the Labor Department, consumer prices over all grew 0.3 percent in July, on a seasonally adjusted basis. The medical care index, however, fell 0.1 percent in July, after three and a half decades of constant increases."

  • "South Carolina Senate candidate Alvin Greene (D) has been indicted by a grand jury on two charges relating to an incident last November in which he allegedly showed porn to a college student. Greene was indicted on one felony count of disseminating obscenity and one misdemeanor count of "communicating an obscene message to another person without consent." "

  • "A proposed US weapons sale to Saudi Arabia of Boeing Co F-15 fighter jets also includes as many as 132 Boeing Apache attack helicopters and United Technologies UH-60 Black Hawk helicopters that bring the total value of the package to around $60 billion, according to a government official familiar with the plan."

7/31/2010

Palin and Taiwan

Posted by Andrew |

Song of the week!











6/29/2010

No comment needed

Posted by Andrew |



Okay, one comment. The Republicans have become the new Democrats, they never miss an opportunity to screw up and look like jackasses.

  • "A German student created a major traffic jam in Bavaria when he 'mooned' a group of Hell's Angels, hurled a puppy at them and then escaped on a bulldozer."

  • "The reeling economy remains people's top concern, according to an Associated Press-GfK Poll conducted earlier this month, making public attitudes about it crucial for both parties' hopes in November. The good news for Democrats: By a margin of 47 percent to 42 percent, people trust them more than Republicans to guide the economy, and 64 percent — slightly more than in April — say their household budgets are in good shape."

  • ""Rand Paul made an amateur mistake," said Armey. "A freshman mistake. A rookie mistake. He thought MSNBC was a legitimate news organization, bless his heart... You don't want to talk to anyone in the press that is unprofessional or lazy. Now, basically what he did in that case was, he walked into the buzzsaw. The people who asked that question... any legitimate news person would have been embarrassed to see that. They're not news people. They're political hacks.""

  • "The Republican nominee for a northern New Mexico congressional seat suggested during a radio interview that the United States could place land mines along the Mexican border to secure the international boundary.

  • "To be fair, Bush did back away from his support for Arab reform in his second term. But the image of his support stuck. Why has Obama distanced himself from his predecessor's support for democracy promotion? One unsurprising outcome is that the regime in Egypt has reverted to wholesale imprisonment and harassment of political dissidents. "

6/03/2010

I love Slate's "Obama Facebook Feed"

Posted by Andrew |

Barack Obama is doing everything in his power to stop the oil spill.
Barack Obama
Plug the damn hole.
Rahm Emanuel
That's it?
Barack Obama
Plug the mother%^&*ing hole mother%^&*ers ...?
Rahm Emanuel
Better.
BP is trying a containment dome.
BP is trying a top kill.
BP is trying a junk shot.
BP is trying a containment dome.
Barack Obama
You tried that already.
BP
This one goes to 11.
Chris Matthews posted a video: "Is Obama Angry Enough?"
Barack Obama tagged Tony Hayward in a photo:
Chris Matthews
So presidential.
The Washington Post posted an article: "White House Consults James Cameron on Possible Solutions to Oil Spill."
James Cameron
You must go to the Tree of Souls and pray to Eywa for forgiveness.
Barack Obama
At this point, it's worth a try.
Joe Biden tagged Barack Obama, Robert Gibbs, Rahm Emanuel, and David Axelrod in a photo:
Robert Gibbs
I get it, Joe. You can come to the next strategy session.
Harry Reid posted a note on Nevada's Wall:
Harry Reid
We must protect the little people from the greed and corruption of Wall Street.
Gary Coleman signed off.
Harry Reid
I ... I failed.
Bill Clinton sent Joe Sestak a gift: Job offer.
Joe Sestak
I think that's called a bribe.
Bill Clinton
Not if it's a shitty unpaid job.
Malia Obama posted a note on Barack Obama's Wall: "Did you plug the hole yet, Daddy?"
Barack Obama
I told you, honey, we're all working to stop the spill.
Malia Obama
No, I mean this one.

The New York Times posted an article: "Trivial Pursuit Creator Dies."
Howard Kurtz
Wait, Harris or VandeHei?
The Supreme Court posted a note: "Suspects Must Invoke Own Miranda Rights."
George W. Bush
I have the right to remain silent.
Eric Holder
Uh, Mr. President, you haven't been charged with anything ...
George W. Bush
Oh. Right. Nothing going on here.
Tom Vilsack destroyed 60 acres of corn in Farmville.
Bloomberg posted an article: "Corn Prices Rally."
Tom Vilsack
Hehehe.
Turkey sent Palestine a gift: Flotilla.
Joe Biden
Turkey flotilla ... sounds yummy!
Robert Gibbs
No.
Al Gore and Tipper Gore untagged themselves in a photo:
Bono
Don't worry, Al, there are plenty of fish in the sea.
Al Gore
Not if oceans continue to acidify as we pump carbon into the atmosphere.
Bono
I give up.
Joe McGinniss joined the Alaska network.
Sarah Palin posted a note: "Wonder what kind of material he'll gather while overlooking Piper's bedroom, my little garden, and the family's swimming hole?"
Joe McGinniss
Well, so far, "Piper" appears to be a Teddy Ruxpin doll, you're growing man-eating plants, and your "swimming hole" is filled with blood.
House of Representatives posted a note: "Repeal Don't Ask, Don't Tell."
John McCain
Filibuster!
Harry Reid
Compromise: You don't ask if there are any gays in the military, and we won't tell you.
John McCain
Deal.
Dennis Hopper is really, really, really high right now.
The Washington Post posted an article: "Sheik Saeed al-Masri Killed in Pakistan by Deadly Drone."
Barack Obama
I think we've found our new weapon.
Al Gore
Happy to help.

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