The Commentariat -- Aug. 6, 2013
Mark Felsenthal & Margaret Chadbourn of Reuters: "President Barack Obama will propose overhauling the U.S. mortgage finance system in a speech on Tuesday, weighing in on a tangled and polarizing problem that was central to the devastating financial crisis in 2007-2009 and that continues to slow the economic recovery, the White House said. Obama will propose eliminating mortgage finance entities Fannie Mae and Freddie Mac over time, replacing them with a system in which the private market buys home loans from lenders and repackages them as securities for investors, senior administration officials said." ...
... Justin Sink of the Hill: "Obama is trying to gain momentum for his economic plan ahead of the tough negotiations on the debt ceiling and federal budget that will dominate the autumn agenda. This week's multimedia push will involve the latest speech in the president's series on the middle class, his sixth appearance on 'The Tonight Show' with Jay Leno, a web chat with prospective home buyers, and a pair of events with soldiers and veterans."
Jennifer Steinhauer of the New York Times: Sen. Barbara "Mikulski [D-Md.], who legislates with two parts accommodation and one part coercion, now finds herself at the center of a spending brawl on Capitol Hill. At 77, she is the longest serving woman in Congress, the first female leader of its most august committee [the Senate Appropriations Committee] and the fulcrum in a fiscal fight that will dominate Washington this fall."
Michelle Norris of NPR interviews Jack Hanson, who as a young white man living in Cincinnati, Ohio, participated in the 1963 March on Washington, & his wife Ethel Hanson, who stayed home with their four sons. With audio. Thanks to contributor Diane for the link.
Eric Schmitt & Mark Mazzetti of the New York Time: "The Obama administration's decision last week to close nearly two dozen diplomatic missions and issue a worldwide travel alert resulted from intercepted electronic communications in which the head of Al Qaeda in Pakistan ordered the leader of its affiliate in Yemen, the terrorist organization's most lethal branch, to carry out an attack as early as this past Sunday, according to American officials. The intercepted conversations last week between Ayman al-Zawahri, who succeeded Osama bin Laden as the head of the global terrorist group, and Nasser al-Wuhayshi, the head of the Yemen-based Al Qaeda in the Arabian Peninsula, revealed one of the most serious plots against American and other Western interests since the attacks on Sept. 11, 2001, American intelligence officials and lawmakers have said." ... CW: evidently al-Zawahri & al-Wuhayshi don't read the Guardian. so were unaware that the NSA was following their chit-chats. ...
... Gene Robinson: "... U.S. foreign policy helped to create the decentralized al-Qaeda, a branch of which is believed to be trying to launch some kind of strike. The most fateful choice, and the biggest strategic error, was the decision to invade Iraq. George W. Bush's epic misadventure diverted resources and attention from the war in Afghanistan, giving a reprieve to the Taliban.... First Bush and then Obama discovered the expediency of remotely piloted drone aircraft as instruments of war. Obama has waged what amounts to a campaign of targeted assassination, decimating the ranks of the various al-Qaeda branches.... The inevitable collateral damage -- deaths of civilians, destruction of infrastructure -- helps recruit new al-Qaeda conscripts." ...
... Charles Pierce: "Almost all of the extra-constitutional atrocities attributed to the 'war' on terror have their philosophical -- and, in many cases, their literal -- roots in the equally futile 'war' on drugs.... Consider how unremarkable drug-testing without probable cause -- which is essentially both an unwarranted search and forcible testimony that might be incriminating -- has become.... Which is why the latest revelations of government spying come as no surprise.... Again, I don't recall any 'national debate' about whether or not this program, and the crimes in office on which it apparently depends, was a good idea in a self-governing democracy." (See yesterday's Commentariat for link to the underlying Reuters story.) ...
... bmaz of emptywheel says much of the Reuters reporting is not new -- some of the "revelations" appear on the DEA's Website. "The takeaway that is important from the Reuters piece is that all the frothing about, 'golly, what if those NSA capabilities bleed out of terrorism and into traditional criminal cases' is nuts. It already is, and has been for a long time." ...
CW: Yeah, I know it's "extraneous" bullshit, but Driftglass disposes of Glenn Greenwald for this tweet: "How irrational to choose Russia over the luxurious, super-max hellhole of life-long solitary confinement the US generously provides people" Driftglass counters with example before concluding: "I understand how Mr. Greenwald's incessant and often hilariously apocalyptic conflations, exaggerations and character assassinations feed his gargantuan ego and titillate the ganglia of the Spleenwald horde. What I do not understand is how it in any way advances his stated goal of ignoring all extraneous issues and maintaining a laser-like focus on stimulating open, rancor-free public debate on the important and consequential subjects of NSA surveillance and the FISA court."
** Greg Dworkin, in Daily Kos, tries to explain "libertarian populism." CW: If you're still confused, it could be because libertarian populism is internally inconsistent & often short on specifics.
Bigots, Liars & Nihilists
Steve Benen: "Can a President be a radical socialist & a Wall Street shill? ... For good or ill, Obama has gone to extraordinary lengths to try to reach compromises with congressional Republicans, frequently offering to accept GOP policy goals that congressional Democrats find abhorrent. But because so many congressional Republicans have become post-policy nihilists, GOP officials not only reject attempts at compromise, they often announce their opposition to whatever it was they urged Obama to do in the first place."
And all the while [we are] keeping our eye focused on trying to deal with the ultimate problem, which is this growing deficit. -- House Majority Leader Eric Cantor, Sunday on Fox "News"
Someone tell [that prevaricating dickhead] Cantor. The deficit is shrinking. -- Juliet Lapidos of the New York Times
The Life-Threatening Lies of Koch-Paid Retainers. A few days old, but worth the read: Christopher Flavelle of Bloomberg News on the realities of the "Burn Your [Nonexistent] ObamaCare Card" movement: "Opponents of Obamacare are trying to persuade people who are eligible for subsidized health insurance not to sign up. Let's consider what makes that campaign so offensive. [These right-wing groups are making their political point] on the backs of Americans with no health insurance, and no other options to obtain it." Flavelle called one of the winger-promoters of the movement, & she first claimed that getting coverage under ObamaCare doesn't guarantee access to health care. "That claim is absurd on its face." She then claimed that people could just sign up for insurance when they got sick. "But it isn't that simple. While you can't be denied coverage because you're sick, you still need to buy that coverage during the annual open enrollment period, as with employer-sponsored insurance." CW: Flavelle doesn't specifically say so, but the Koch brother's FreedomWorks is the driving force behind the scheme. Via Jonathan Cohn.
All I'm saying is that you cannot say you are against Obamacare if you are willing to vote for a law that funds it. If you're willing to fund this thing, you can't possibly say you&'re against it. -- Sen. Marco Rubio (R-Fla.). Via Greg Sargent
The Party of Nobody But Rushbo. Alex Roarty of the National Journal: Increasingly, white voters won't vote for the Party of Bigots even if they might think Republican have the right economic ideas. (CW: Roarty makes his point much more nicely.)
AP: "Facebook CEO Mark Zuckerberg spoke out publicly for the first time Monday in favor of immigration reform, an issue he's been working on behind the scenes for several months. The 29-year-old billionaire made his remarks in San Francisco at the debut screening of 'Documented,' an autobiographical documentary by activist and journalist Jose Antonio Vargas. Wearing his trademark hoodie* and sneakers, Zuckerberg disputed the notion that he and other Silicon Valley leaders are just trying to secure more H1B visas for high-tech workers."
* Zuckerberg was not followed or shot dead for "looking suspicious."
Senatorial Races
Alex Roarty: "When [Rep.] Tom Cotton [R-Ark.] declares his candidacy for U.S. Senate on Tuesday, the decorated infantry veteran will be a rare consensus choice for a party with a history of destructive infighting. He has no primary opponent, no doubts about his conservative bona fides, and Republicans have little doubt he has the chops to knock off Democratic Sen. Mark Pryor."
Kevin Liptak of CNN: "All four Democrats vying for a spot on the ballot in New Jersey's special U.S. Senate election debated for the first time Monday, revealing similar stances on foreign policy but disputing Newark Mayor Cory Booker's record on education."
Gubernatorial Race, or Something
Shefali Luthra & Adam Wollner of the Texas Tribune: Texas "State Sen. Wendy Davis, D-Fort Worth, said Monday that she will either run for re-election or for Texas governor, and that she's working hard to make her decision. Speaking at a National Press Club luncheon [in Washington, D.C.], Davis said those were the only two options, and that she's not considering joining the lieutenant governor's race.... Since the filibuster, Davis has appeared at fundraisers in Washington and spoken on national television. She has been the subject of speculation over a potential statewide run in 2014. In the final two weeks of June, Davis' campaign raised almost $1 million in donations."
Presidential Race 2016
Aaron Blake of the Washington Post: "Republican National Committee Chairman Reince Priebus on Monday called on CNN and NBC to rethink their decisions to shoot films about Hillary Clinton, calling each a 'thinly veiled attempt at putting a thumb on the scales of the 2016 presidential election.' Priebus also threatened, if the networks push forward with their plans, to avoid partnerships with them for any 2016 presidential debates." ...
... Zeke Miller of Time: "Republican Party officials believe the 20 GOP primary debates during the 2012 cycle hurt their party and Mitt Romney. CNN's John King, in particular, drew attacks when he questioned former Speaker of the House Newt Gingrich about his prior marital infidelities in a debate before the South Carolina primary, while Republicans have long been weary of working with NBC given the liberal-leanings of its cable network MSNBC. Priebus has previously proposed a more modest 10 to 12 debates, in part to protect better-funded candidates from insurgents who capitalize on their time before the cameras." Priebus is using the Hillary movie excuse as a pretext to discourage state parties from hosting debates. ...
... Hiding Out in the Fox Hole. Jonathan Bernstein in the Washington Post: "... it's not a good idea for the GOP to threaten not to deal with the unaffiliated press. After all, that risks sending them deeper into their closed information feedback loop, in which Republicans only hear the partisan version of the news supplied by Rush Limbaugh and Fox News.... This is a problem for campaigning -- or, as David Plouffe says: 'Better RNC debate plan. Held in hermetically sealed Fox studio.'"
Local News
Nick Carey & Joseph Lichterman of Reuters: "In a high-stakes hearing on Friday in Detroit's bankruptcy filing, a judge approved a city plan to form a creditors' committee of retired workers, but gave unions and pension funds that opposed the plan a measure of satisfaction by declaring an independent trustee -- and not the city -- will select committee members. Federal bankruptcy Judge Steve Rhodes' ruling on the city's effort to create a new negotiating partner independent of unions and pension funds was a key moment in a three-hour session that packed the largest courtroom in Detroit's downtown federal building."
Beauty & the Bomb. Christine McCarthy of KUTV Salt Lake City: "Miss Riverton, crowned in June and set to compete in the Miss Utah pageant, was arrested early Saturday morning along with her three friends after allegedly throwing homemade bombs at people and homes. A probable cause statement released by the Salt Lake County Jail states that Miss Riverton, Kendra Gill, as well as [others]..., admitted to buying plastic bottles, aluminum foil and household chemicals at a local store before building the bombs and throwing them from their car.... One home that was allegedly targeted was that of Stone's ex-girlfriend.... None of the bombs hurt anyone but they could have easily maimed or killed anyone they exploded near, [Fire Capt. Clint] Mecham said." CW: makes you wonder why she had planned for the talent competition.
News Ledes
AP: "The U.S. government has accused Bank of America Corp. of civil fraud, saying the company failed to disclose risks and misled investors in its sale of $850 million of mortgage bonds during 2008. The Justice Department filed a civil suit Tuesday against the bank and several subsidiaries in federal court in Charlotte, N.C. The Securities and Exchange Commission filed a related suit against Bank of America there, too."
New York Times: "Nearly four years after going on a deadly shooting rampage at the Fort Hood Army base here in 2009, Maj. Nidal Malik Hasan told a jury of senior Army officers on Tuesday that 'the evidence will clearly show that I am the shooter.'"
ABC News: "A gunman with a property dispute showed up at a Ross Township, Pa., supervisors' meeting and opened fire [Monday] night, shooting apparently at random before he was subdued by two attendees, a witness and Monroe County officials said. Three people were killed in the shooting rampage, and three others were wounded, including the shooter, county officials said. The suspect, who was under arrest tonight, was wounded when he was tackled by one of the township officials at the meeting."
New York Times: "After days of alarms and embassy lockdowns, the United States and Britain on Tuesday stepped up security precautions in Yemen, with Washington ordering 'nonemergency' government personnel to leave and the Foreign Office in London saying it has withdrawn its diplomatic staff in the capital Sana 'due to increased security concerns.'"