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The New York Times lists Emmy winners. The AP has an overview story here.

New York Times: “Hvaldimir, a beluga whale who had captured the public’s imagination since 2019 after he was spotted wearing a harness seemingly designed for a camera, was found dead on Saturday in Norway, according to a nonprofit that worked to protect the whale.... [Hvaldimir] was wearing a harness that identified it as “equipment” from St. Petersburg. There also appeared to be a camera mount. Some wondered if the whale was on a Russian reconnaissance mission. Russia has never claimed ownership of the whale. If Hvaldimir was a spy, he was an exceptionally friendly one. The whale showed signs of domestication, and was comfortable around people. He remained in busier waters than are typical for belugas....” ~~~

     ~~~ Marie: Oh, Lord, do not let Bobby Kennedy, Jr., near that carcass. ~~~

     ~~~ AP Update: “There’s no evidence that a well-known beluga whale that lived off Norway’s coast and whose harness ignited speculation it was a Russian spy was shot to death last month as claimed by animal rights groups, Norwegian police said Monday.... Police said that the Norwegian Veterinary Institute conducted a preliminary autopsy on the animal, which was become known as 'Hvaldimir,' combining the Norwegian word for whale — hval — and the first name of Russian President Vladimir Putin. 'There are no findings from the autopsy that indicate that Hvaldimir has been shot,' police said in a statement.”

New York Times: Botswana's “President Mokgweetsi Masisi grinned as he lifted the diamond, a 2,492-carat stone that is the biggest diamond unearthed in more than a century and the second-largest ever found, according to the Vancouver-based mining operator Lucara, which owns the mine where it was found. This exceptional discovery could bring back the luster of the natural diamond mining industry, mining companies and experts say. The diamond was discovered in the same relatively small mine in northeastern Botswana that has produced several of the largest such stones in living memory. Such gemstones typically surface as a result of volcanic activity.... The diamond will likely sell in the range of tens of millions of dollars....”

Click on photo to enlarge.

~~~ Guardian: "On a distant reef 16,000km from Paris, surfer Gabriel Medina has given Olympic viewers one of the most memorable images of the Games yet, with an airborne celebration so well poised it looked too good to be true. The Brazilian took off a thundering wave at Teahupo’o in Tahiti on Monday, emerging from a barrelling section before soaring into the air and appearing to settle on a Pacific cloud, pointing to the sky with biblical serenity, his movements mirrored precisely by his surfboard. The shot was taken by Agence France-Presse photographer Jérôme Brouillet, who said “the conditions were perfect, the waves were taller than we expected”. He took the photo while aboard a boat nearby, capturing the surreal image with such accuracy that at first some suspected Photoshop or AI." 

Washington Post: “'Mary Cassatt at Work' is a large and mostly satisfying exhibition devoted to the career of the great American artist beloved for her sensitive and often sentimental views of family life. The 'at work' in the title of the Philadelphia Museum of Art show references the curators’ interest in Cassatt’s pioneering effort to establish herself as a professional artist within a male-dominated field. Throughout the show, which includes some 130 paintings, pastels, prints and drawings, the wall text and the art on view stresses Cassatt’s fixation on art as a career rather than a pastime.... Mary Cassatt at Work is on view at the Philadelphia Museum of Art through Sept. 8. philamuseum.org

New York Times: “Bob Newhart, who died on Thursday at the age of 94, has been such a beloved giant of popular culture for so long that it’s easy to forget how unlikely it was that he became one of the founding fathers of stand-up comedy. Before basically inventing the hit stand-up special, with the 1960 Grammy-winning album 'The Button-Down Mind of Bob Newhart' — that doesn’t even count his pay-per-view event broadcast on Canadian television that some cite as the first filmed special — he was a soft-spoken accountant who had never done a set in a nightclub. That he made a classic with so little preparation is one of the great miracles in the history of comedy.... Bob Newhart holds up. In fact, it’s hard to think of a stand-up from that era who is a better argument against the commonplace idea that comedy does not age well.”

Washington Post: “An early Titian masterpiece — once looted by Napolean’s troops and a part of royal collections for centuries — caused a stir when it was stolen from the home of a British marquess in 1995. Seven years later, it was found inside an unassuming white and blue plastic bag at a bus stop in southwest London by an art detective, and returned. This week, the oil painting 'The Rest on the Flight into Egypt' sold for more than $22 million at Christie’s. It was a record for the Renaissance artist, whom museums describe as the greatest painter of 16th-century Venice. Ahead of the sale in April, the auction house billed it as 'the most important work by Titian to come to the auction market in more than a generation.'”

Washington Post: The Folger Shakespeare Library in Washington, D.C., which houses the world's largest collection of Shakespeare material, has undergone a major renovation. "The change to the building is pervasive, both subtle and transformational."

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Constant Comments

A nation of sheep will beget a government of wolves. -- Edward R. Murrow

Publisher & Editor: Marie Burns


Thursday
Jan062011

The Commentariat -- January 7

Lesley Hazleton reads the Koran:

Justin Fox of the Harvard Business Review: "There doesn't have to be a problem with a revolving door between government jobs and non-government jobs. The fact that people in the U.S. can easily pop back and forth between government, academia, and the private sector has for most of the nation's history been more strength than weakness.... The Wall Street connection is something different.... This gap between what ... Wall Street [employees] ... make and the money to be earned in government or other sectors of the economy is huge — and it cannot help but have consequences.... With that kind of pay differential [nearly 3,000 %!], Wall Street inevitably begins to emit a giant sucking sound as it hoovers up smart, self-interested people." ...

... Felix Salmon of Reuters: "Government is perfectly capable, were it so inclined, of shrinking the financial sector and making it much less profitable.... But it’s not going to happen, because the public servants who could enact such a change currently have the ability to earn millions ... when they leave DC....  The real value of a government position, especially in the economic team, is in the marginal net present value of all those juicy future earnings that you’ll be offered.... [Conversely,] people like Hank Paulson or Bill Daley have already made their Wall Street millions.... The problem in these cases is that after so many years on Wall Street these people have internalized the worldview of the financial sector...: what good for Goldman Sachs is good for America."

Ken Terry on B-Net: "Even as congressional Republicans try to repeal the healthcare reform law, and as a federal court in Florida nears a decision on its constitutionality, evidence is emerging that that legislation is benefiting small companies by making health coverage more affordable. Considering that small businesspeople are among the most reliable Republican supporters, this unexpected bonus to small firms is another blow to the GOP’s claim that it has a popular mandate to overturn reform." Terry mentions an underlying Los Angeles Times story by Noam Levey, which is here. ...

... CW: Ezra Klein has better, less dismissive answers to David Brooks' objections to the healthcare bill than I did. ...

... And here's Klein's argument against the irrational Republican Tea Party-bred disdain for public sector workers: "The main argument against the Obama administration is that it hasn't saved enough jobs. But in the public sector, which is obviously where the government has the easiest time savings jobs, the argument is that they've saved too many of them." ...

... Felix Salmon explains the reality behind today's jobs number: "... For those keeping track at home, that’s employment up by 103,000 and unemployment down by a whopping 556,000.... We need to see 150,000 new jobs a month just to keep pace with population growth.... Unemployment is down ... only for those who have been out of work for less than 26 weeks. The ranks of the long-term unemployed are still rising. Meanwhile, the numbers of 'discouraged' people continue to rise very fast." ...

... Michael Powell & Sewell Chan of the New York Times: "The rate of growth — 103,000 jobs in December — is an indication that the unemployment rate will likely remain high through the rest of President Obama’s four-year term."

Constitutional law Prof. David Cole has found a WikeLeaked copy of "The Conservative Constitution of the United States," & has unveiled it to Washington Post readers. The Preamble:

We, the Real Americans, in order to form a more God-Fearing Union, establish Justice as we see it, Defeat Health-Care Reform, and Preserve and Protect our Property, our Guns and our Right Not to Pay Taxes, do ordain and establish this Conservative Constitution for the United States of Real America.

Here's something else that's LOL funny, and it's real. Jonathan Allen of Politico: "In a letter to be distributed Friday night, Reps. Pete Sessions and Mike Fitzpatrick apologize to all 433 of their House colleagues for voting after missing out on taking their official oath of office.... The swearing-in of members of Congress is required by Article 6 of the Constitution, and Republican leaders scrambled to come up with a fix to rectify their invalid votes." ...

... Anthony Weiner has a lot of fun at Republicans' expense. Think Progress reports:

This [Pentagon] budget has basically doubled in the last decade. And my own experience here is in that doubling, we've lost our ability to prioritize, to make hard decisions, to do tough analysis, to make trades. -- Adm. Mike Mullen, Chairman of the Joint Chiefs ...

... Mark Thompson of Time on Mullen's remark: "Such profound truths are rarely heard on-camera inside the Pentagon." Thompson's take on the Pentagon's proposed budget trims is worth reading. Basically, he says the cuts aren't as big as the headlines suggest.

** "The 'Benjamin Button' Congress." Ron Brownstein of the National Journal: "House Republicans' ... agenda revolves almost entirely around reducing Washington’s role.... Politically, their strategy rests on the assumption that Americans who recoiled from the president’s agenda to expand government will welcome Republican efforts to diminish it.... But ... in several respects, this second round of conflicts could allow Obama and Democrats to frame the choices in ways more favorable to them." ...

... Also, Brownstein on "White Flight": "By any standard, white voters’ rejection of Democrats in November’s elections was daunting and even historic. Fully 60 percent of whites nationwide backed Republican candidates for the House of Representatives; only 37 percent supported Democrats.... These results ... could carry profound implications for 2012. They suggest that economic recovery alone may not solve the president’s problems with many of the white voters...."

Steven Pearlstein of the Washington Post: "Republicans these days can't get through a sentence without tossing in their new favorite adjective, 'job-killing.' ... What's so curious is that it's hard to find almost any Republican concern about employment homicide during 2008, when George W. Bush was president and the economy was shedding 4.4 million jobs.' ... There is an unmistakable redbaiting quality to the 'job-killing' rhetoric." What's so ironic about the tactic is that it is Republicans who are proposing job-killing legislation.

** Matt Yglesias likes Gene Sperling, and here's why.

Matt Bai of the New York Times: "... if anything, this week’s appointments [of Bill Daley & the anticipated appointment of Gene Sperling] would seem to represent a continuation of the ideological course Mr. Obama has been following since before he took the oath of office, rather than any substantive shift in his worldview." CW: Obama was never a liberal, kids. ...

... Dan Balz of the Washington Post: "... in tapping Daley, Obama has begun to reach outside his comfort zone." ...

... Think Daley is a good choice? Well there's this from David Drucker of Roll Call: "Senate Minority Leader Mitch McConnell praised President Barack Obama on Thursday for choosing business executive William Daley to serve as White House chief of staff." ...

... On the other hand, there's this:

With Wall Street reporting record profits while middle class Americans continue to struggle in a deep recession, the announcement that William Daley, who has close ties to Big Banks and Big Business, will now lead the White House staff is troubling and sends the wrong message to the American people. -- Justin Ruben, executive director of MoveOn.org

... Royal Court Gossip. Toby Harnden of the Telegraph: "It’s being reported by John King on CNN right now that [Robert] Gibbs wanted to be a presidential counsellor ... but William Daley, the new chief of staff, nixed this.... So that’s why Gibbs is out. Additionally, King reports that Valerie Jarrett, whose sole qualification to being a senior counsellor seems to be that she’s a long-time Chicago buddy of Barack and Michelle Obama, will have her wings clipped. Daley, not Jarrett, will be the person speaking to the business community." ...

     ... Sam Stein: both Gibbs & Daley deny the story about Gibbs. CW: neither man says anything about Jarrett's "demotion." ...

... This story by Elizabeth Williamson of the Wall Street Journal is receiving a lot of attention today; headline -- "President Revs up Campaign to Make Peace with Business." Very reassuring. Because he was always so anti-business till now.

Oh, here's a surprise. Speaker Boehner can't think of a single military or homeland security program to cut:

Mark Landler & Scott Shane of the New York Times: "The State Department is warning hundreds of human rights activists, foreign government officials and businesspeople identified in leaked diplomatic cables of potential threats to their safety and has moved a handful of them to safer locations, administration officials said Thursday. The operation ... reflects the administration’s fear that the disclosure of cables obtained by the organization WikiLeaks has damaged American interests by exposing foreigners who supply valuable information to the United States." ...

... Intrigue! Kim Severson & Robbie Brown of the New York Times: "Odyssey Marine Exploration, a Tampa, Fla., deep-sea treasure hunting company, is using classified cables from the State Department [released by WikiLeaks] in its legal battle with Spain over who owns $500 million of gold and silver retrieved in 2007 from the wreckage of a Spanish galleon off the coast of Portugal.... Odyssey says [the cables] show that the [American] ambassador [to Spain] offered to assist Spain in the fight over the sunken treasure." A stolen Pissarro figures in! Nazis! Eric Holder is implicated! Congressmen are blaming Hillary Clinton!

Jon Stewart seems to disapprove of the Goldman Sachs-Facebook deal:

Bill Vlasic of the New York Times: "The Big Three automakers have made strides in fuel economy but still rely on light trucks and S.U.V.’s for profits."

State of the States

Paul Krugman: the conservative governor and legislators in Texas have left the state in a fiscal mess even after Gov. Rick Perry boasted/lied about the state's having a huge surplus. Oh, and they're not of a mind to make things right. Krugman sees Texas as an omen of what to expect in every state where conservatives reign. ...

... Kim Severson of the New York Times: A Georgia state Hope program, "the largest merit-based college scholarship program in the United States..., offers any Georgia high school student with a B-average four years of free college tuition. But the Hope scholarship program is about to be cut by a new governor and Legislature facing staggering financial troubles."


Aflockalypse. Seth Borenstein
of the AP: "First, the blackbirds fell out of the sky on New Year's Eve in Arkansas. In recent days, wildlife have mysteriously died in big numbers: 2 million fish in the Chesapeake Bay, 150 tons of red tilapia in Vietnam, 40,000 crabs in Britain and other places across the world. Blogs connected the deadly dots, joking about the "aflockalypse" while others saw real signs of something sinister, either biblical or environmental. The reality, say biologists, is that these mass die-offs happen all the time and usually are unrelated."

Update on Ted Williams. JoAnne Viviano of the AP: "A homeless man whose silky announcing voice has catapulted him to national fame reunited Thursday with his mother, recorded a commercial for Kraft Macaroni & Cheese and agreed to do voiceover work for MSNBC." CW: I sure hope this guy is getting some high-quality help.

Wednesday
Jan052011

The Commentariat -- January 6

This is a strong appointment. Bill Daley is a man of stature and extraordinary experience in government, business, trade negotiations and global affairs. -- Thomas Donohue, President of the Chamber of Commerce

As the chief of staff, he is the gatekeeper, and that means real power in Washington. Just about any way you look at it, it creates a huge potential for a conflict of interest. -- Ellen Miller, Sunlight Foundation

This was a real mistake by the White House. Bill Daley consistently urges the Democratic Party to pursue a corporate agenda that alienates both Independent and Democratic voters. If President Obama listens to that kind of political advice from Bill Daley, Democrats will suffer a disastrous 2012. -- Adam Green, Progressive Change Campaign

President Obama names William Daley his new chief of staff:

... Eric Lipton of the New York Times: "The recruitment of Mr. Daley ... is seen as a savvy step by some in Washington.... But the choice is causing alarm among some in Mr. Obama’s liberal base, who argue that bringing Mr. Daley to the White House violates a commitment by the president to curtail the sway of special interests in Washington." ...

... Howard Fineman: "Bill Daley is double Rahm, double calm. Daley, not his protégé Rahm Emanuel, is the preeminent Chicago Democratic insider -- with twice the history and contacts, and twice the serenity, confidence and maturity in wielding power." ...

... Greg Sargent: "The Daley pick will inevitably reinforce a faulty interpretation of Obama's first two years: That Obama governed from the far left.

Quote of the Week: No. -- Harry Reid, in response to a reporter who asked if he will bring the repeal to the Senate floor if and when it passes the House

As a result of changes in direct spending and revenues, CBO expects that enacting H.R. 2 [-- repeal of the Affordable Care Law --] would probably increase federal budget deficits over the 2012–2019 period by a total of roughly $145 billion (on the basis of the original estimate), plus or minus the effects of technical and economic changes that CBO and JCT will include in the forthcoming estimate. Adding two more years (through 2021) brings the projected increase in deficits to something in the vicinity of $230 billion. -- Doug Elmendorf, Director of the Congressional Budget Office (emphasis added) ...

... Update. Brian Montopoli of CBS News: "House Speaker John Boehner said today that the Congressional Budget Office is 'entitled to their own opinion' -- a striking statement in light of the deference usually shown information from the nonpartisan CBO from lawmakers on both sides of the aisle. Boehner was objecting to a preliminary CBO finding that repealing the health care reform legislation ... would cost the government roughly $230 billion over ten years.... In a report (PDF) Boehner's office released to buttress that argument, Republicans argued the health care law 'relies on accounting gimmicks,' double-counts cost savings from Medicare and requires additional government spending for implementation." ...

... Jonathan Cohn of The New Republic sums up the results of the CBO analysis: "repealing the Affordable Care Act would mean higher deficits plus insurance that is less comprehensive, less available, and in many cases more expensive." ...

... Jonathan Bernstein, also of TNR, on Boehner's double-talk response to the CBO report: "How do the supposedly deficit-opposing Republicans deal with it? Two ways: by simply refusing to believe it, and by trotting out misdirection and long-disproved junk from the original debate." ...

... Update. Point-by-point, Ezra Klein rebuts Boehner's claim the CBO "relie[d] on accounting gimmicks." ...

... Update. Michael Shear of the New York Times: "Democratic leaders in Washington plan to spend the next week doing what they all but refused to do in the 2010 midterm elections: mount a vigorous defense of President Obama’s health care legislation."

... Kate Pickert has a long, fact-filled article in Time on the status of the Affordable Care Act. She doesn't say so directly, but it's mostly about Republican Hypocrites on Parade. ...

"Huck-Finning the Constitution." Adam Serwer: "Earlier this week, there was an uproar over a publisher's plans to release an edition of Mark Twain's The Adventures of Huckleberry Finn that would replace the N-word with the word "slave" in order to make the book more 'appropriate' for schoolchildren.... Republicans, intending to make a big symbolic show of their reading of the Constitution, have now taken a similarly sanitized approach to our founding document. Yesterday they announced that they will be leaving out the superceded text in their reading of the Constitution on the House floor this morning, avoiding the awkwardness of having to read aloud the 'three fifths compromise,' which counted slaves as only three-fifths of a person for the purposes of taxation and apportionment." ...

[... FYI, here's Michiko Kakutani's review: "A new effort to sanitize 'Huckleberry Finn' comes from Alan Gribben, a professor of English at Auburn University, at Montgomery, Ala., who has produced a new edition of Twain’s novel that replaces the word 'nigger' with 'slave.' ... Authors’ original texts should be sacrosanct intellectual property....”] ...

... Danny Yadron of the Wall Street Journal: "In doing the reading..., when House Majority Leader Eric Cantor (R., Va.) got to the passage on how to count the U.S. population ('adding to the whole Number of free Persons, including those bound to Service for a Term of Years, and excluding Indians not taxed, three fifths of all other Persons') he skipped it.

When Congressmen-elect Pete Sessions and Mike Fitzpatrick participated in reading parts of the U.S. Constitution on the House floor, Speaker Boehner should have given them Article 6 which requires Members of Congress to be sworn in.  -- Jennifer Crider, spokesperson for the Democratic Congressional Campaign Committee ...

... Ryan Grim of the Huffington Post: "Two House Republicans have cast votes as members of the 112th Congress, but were not sworn in on Wednesday, a violation of the Constitution on the same day that the GOP had the document read from the podium.... Pete Sessions of Texas and freshman Mike Fitzpatrick missed the swearing in because they were at a fundraiser." CW: Fitzpatrick defeated Democrat Patrick Murphy, whom we love, in November. ...

... Same Story, Different Angle. Jonathan Allen of Politico: "Two Republicans, including a member of the GOP leadership, voted on the House floor several times despite not having been sworn in, throwing the House into parliamentary turmoil Thursday — the same day the Constitution was read aloud on the floor." ...

... More on the Same. Matthew Jaffe & John Parkinson of ABC News: "Sessions helped preside over a hearing of the House Rules Committee on the GOP’s push to repeal the health care law. But once GOP leaders learned that two of their members weren’t yet legitimate members of Congress, they abruptly stopped the Rules hearing on the health care law."

Filibuster Reform. Greg Sargent runs down the main elements of the Democratic proposal to reform the filibuster: (1) Clear Path to Debate: Eliminate the Filibuster on Motions to Proceed; (2) Eliminates Secret Holds; (3) Right to Amend: Guarantees Consideration of Amendments for both Majority and Minority; (4) Talking Filibuster: Ensures Real Debate; (5) Expedite Nominations: Reduce Post-Cloture Time. Sargent includes some brief explanations of each of the points. A pdf of the resolution is here. ...

... Sargent has more information -- and speculation -- about how Harry Reid is likely to proceed with the resolution. Needless to say, it's complicated.

It’s the first day, and they’ve violated everything they said they were going to do. -- Rep. Louise Slaughter (D-NY)

Backpedaling as Fast as They Can. Jake Sherman of Politico: "Just hours after taking control of the House, Republicans passed a sweeping set of rules promising transparency and reform.... After calling for bills to go through a regular committee process, the bill that would repeal the health care law will not go through a single committee. Despite promising a more open amendment process for bills, amendments for the health care repeal will be all but shut down. After calling for a strict committee attendance list to be posted online, Republicans backpedaled and ditched that from the rules. They promised constitutional citations for every bill but have yet to add that language to early bills."

Where the Jobs Are. Andrew Cutraro writes the Time cover story: "... this job recovery ... will be cruelly uneven. It will favor, more than ever, the college educated over blue collar workers. It will favor cities that have developed industry clusters in which skills match demand. It will favor the Dakotas over states such as Florida, Nevada and California. It will favor those who work in the private sector over those who work in the public ector."

Budget! Taxes!

 E. J. Dionne of the Washington Post: Republican "rhetoric is nearly devoid of talk about solving practical problems.... Instead, we hear about ... highly general principles divorced from their impact on everyday life..... During the campaign, they put out a nice round $100 billion in spending cuts from which they're now backing away. It is far easier to float a big number than to describe reductions for student loans, bridges, national parks or medical research." ...

... John McKinnon & Elizabeth Williamson of the Wall Street Journal: "Specific proposals for retooling the complex corporate-tax system aren't on the table and the debate over the issue is sure to be lengthy and difficult. But President Barack Obama and Republican congressional leaders are separately sounding the same broad theme that corporate tax rates should be lower." ...

... David Kocieniewski of the New York Times: Nina E. Olson, the national tax advocate who acts as an ombudsman for the I.R.S., issued a sweeping criticism of federal tax policy in her annual report to Congress. Ms. Olson found that the volume of the tax code had nearly tripled in size during the last decade.... The byzantine tax regulations also deprived the government of revenue by causing accidental underpayments and encouraging cheating, the report concluded, stating that the most practical remedy would be for Congress to scrap the existing code, which was last overhauled in 1986."

Rick Hertzberg loves Ron Chernow's 900-page George Washington: A Life. Based on some of Chernow's evidence, Hertzberg writes, "Nobody today is the exact equivalent of anybody in 1789, of course, but Tea Party Republicans more closely resemble those who denounced the Constitution than those who advocated it." ...

... AND if you missed it the first time around, read Caleb Crain's New Yorker essay/book review on the original Boston tea party, with its unmistakable parallels to today's mob of ignoramuses & their smuggler-merchant puppeteers.

Whither Democrats? Jeffrey M. Jones of Gallup: "In 2010, 31% of Americans identified as Democrats, down five percentage points from just two years ago and tied for the lowest annual average Gallup has measured in the last 22 years. While Democrats still outnumber Republicans by two points, the percentage identifying as independents increased to 38%, on the high end of what Gallup has measured in the last two decades."

Whither Compassion? Lawrence O'Donnell blames President Clinton for the recent dearth of presidential pardons:

Bethany McLean, the co-author of a well-reviewed book on the financial crisis, explains in a New York Times op-ed why the government is not going to get out of the home mortgage-guarantee business -- the main reason: no politician is going to demand a remake of Fannie Mae & Freddie Mac that further depresses the depressed housing market.

... Duke Helfand of the Los Angeles Times: "Blue Shield of California [is] seeking cumulative hikes [in healthinsurance premiums] of as much as 59% for tens of thousands of [individual] customers March 1. Blue Shield's action comes less than a year after Anthem Blue Cross tried and failed to raise rates as much as 39% for about 700,000 California customers."

Robert Reich: the right is attacking public-sector employees with lies. The facts: "Matched by education, public sector workers actually earn less than their private-sector counterparts.... Most public employees don’t have generous pensions.... There’s no relationship between states whose employees have bargaining rights and states with big deficits.... Isn’t it curious that when it comes to sacrifice, Republicans don’t include the richest people in America?"

John Cassidy of the New Yorker reviews opinions of whether or not the Goldman Sachs-Facebook deal is legal. One thing observers agree on: the SEC will certainly look into it.

Lew Sichelman of the Los Angeles Times: "The White House..., like many of the country's houses, it's not worth what it was once. Over the last three years the president's home and home office has lost nearly a quarter of its value. In the last month alone the value dropped almost $4 million."

Update: Ted Williams, the homeless man with the golden voice, opens the NBC "Today" show:

     ... Alison Schwartz of People has the story & the "Today" show interview of Williams.

Tuesday
Jan042011

The Commentariat -- January 5

Click on the cartoon to link to this fairly amusing account by New Yorker cartoonist James Stevenson about his introduction to the idiocyncratic world of the magazine.Did We Say Budget Cuts? Howard Fineman: "Republicans campaigned coast to coast on, among other things, a promise to cut $100 billion out of the federal budget. But now they are talking about cuts as slim as $30 billion, blaming the change on the fine print that no one read -- or if they read, did not understand." ...

... I think [the Republicans] woke up to the reality that this will have a direct negative impact on people's lives.... You know, it's easy to talk about these things in the abstract. It's another thing when you start taking away people's college loans and Pell Grants or cutting early education programs. -- Rep. Chris Van Hollen, (D-Md.)

... Ezra Klein: "One of the [House Republicans'] new rules says that new legislation must be paid for. But the health-care bill reduces the federal deficit by more than $100 billion over the next 10 years. Luckily, they've figured out an answer to their problem: They've decided to simply exempt the repeal bill from the rules. That means they're beginning the 112th Congress by lifting their own rules in order to take a vote that will increase the deficit. Change we can believe in, and all that." So Minority Leader Eric Cantor lied about it. And he'll likely keep on lying abou it. ...

... Ha ha. Jonathan Cohn of The New Republic has some helpful information for Cantor:

Eric Cantor has become the first Republican to argue with basic arithmetic.  As Cantor's office finds reality frustratingly outside its grasp, it's worth pointing out some other common misconceptions that they might need help with:

Toilets swirl a different direction in the Southern hemisphere - NOT TRUE: http://bit.ly/toilet000

Elvis is really alive - NOT TRUE: http://bit.ly/elvis000

Shania Twain is Mark Twain's great-granddaughter - NOT TRUE: http://bit.ly/shania000 

French Fries originated in France - NOT TRUE: http://bit.ly/frenchfries000

If money isn’t loosened up, this sucker could go down!
-- George W. Bush, September 2008

[Those are] the 10 most immortal words in the history of economics. -- Warren Buffett

Anne Kornblut & Scott Wilson of the Washington Post: "President Obama ... is weighing a major reshuffling of his staff that could see as many as eight people playing new key roles in the weeks ahead.... Among the biggest changes could be the departure of press secretary Robert Gibbs...." ...

     ... Brian Montopoli of CBS News Update: "Robert Gibbs has confirmed to CBS News that he is leaving his job as White House Press Secretary. 'It is true,' Gibbs said in response to an email Wednesday morning.... Gibbs plans to work as a political consultant and give speeches upon leaving his post." ...

... Garance Franke-Ruta of The Atlantic: "Robert Gibbs' announcement today that he will be stepping down from the White House podium to take an advisory role offers an opportunity for the White House to repair relationships with the community Gibbs derided as 'the professional left....' The first opportunity is to bury the hatchet with a community of people that has felt itself repeatedly and needlessly insulted by Gibbs and also by former White House chief of staff Rahm Emanuel." ...

... Sam Youngman of The Hill: "Former DNC chairman and former Vermont Gov. Howard Dean said Wednesday that William Daley would be a 'huge plus' for the Obama administration if he is tapped to be the president's new chief of staff.... At the same time..., [Dean] excoriated Obama's senior staff.... Noting that many officials are 'either out of the White House or going,' Dean blasted Obama's current officials who he says have treated the left wing of the Democratic Party with 'contempt.'"

Fear of Death Panel Politics. Robert Pear of the New York Times: "The Obama administration, reversing course, will revise a Medicare regulation to delete references to end-of-life planning as part of the annual physical examinations covered under the new health care law.... The move is an abrupt shift, coming just days after the new policy took effect on Jan. 1. Many doctors and providers of hospice care had praised the regulation.... While administration officials cited procedural reasons for changing the rule, it was clear that political concerns were also a factor."

Carl Hulse of the New York Times: "Driven from his party’s leadership in 1998 and sidelined for nearly a decade, [John] Boehner  ... now faces the challenge of harnessing the Tea Party zeal that propelled him to power without disheartening those who might be expecting too much." ...

... How much did we pay for that little stunt of reading the Constitution aloud during the first session of the House? Juli Weiner of Vanity Fair reports that a conservative estimate is that it cost more than $1 million. ...

... Ezra Klein liked Boehner's speech: "Boehner promised almost nothing at all. He certainly didn't set himself up as a foil to President Obama, or anoint himself leader of a new conservative moment in American politics. Rather, his speech had two themes: Humility, and comity."

Kathleen Hennessey of the Los Angeles Times: "The new class of Republican lawmakers who charged into office promising to shun the ways of Washington officially arrives on Capitol Hill on Wednesday. ‪But even as they publicly bash the capital's culture, many have quietly begun to embrace it. Several freshmen have hired lobbyists — the ultimate Washington insiders — to lead their congressional staffs. In the weeks leading up to Wednesday's swearing-in, dozens of the newcomers joined other lawmakers in turning to lobbyists for campaign cash....‪ This picture of business-as-usual Washington clashes with the campaign rhetoric of many newcomers, some who were propelled by support from the anti-Washington "tea party" movement. It also muddles the image House Republicans hoped to project as they took the helm this week." ...

... Dana Milbank: "Even before the speaker's gavel is passed at noon from Nancy Pelosi to John Boehner, it would appear that the Republicans are determined to form just as arrogant and overreaching a majority as the one they defeated." Milbank offers a litany of House Republican offenses that of course predate their swearing-in. First on the list: voting "to increase the deficit by $143 billion as part of a repeal of health-care reform."

Senate Majority Leader Harry Reid in a Politico opinion piece: "In the new Congress, Democrats will find pragmatic ways to solve the problems facing our country and to revive the economic growth and innovation that have made America the global leader it is today. We will continue to reach out to Republicans as partners in problem solving — in the hope that they will make decisions based on common sense and not on the extremism that has recently gripped their party."

** A Nation in Decline. Harold Meyerson of the Washington Post: "The share of our civilian population employed has dropped to 58.2 percent -- the lowest level since the early '80s, when far fewer women had entered the workforce. The social pathologies long associated with the inner-city poor ... now stalk the white working class.... As wages and employment levels have fallen for the Americans who have graduated high school but not college, their level of out-of-wedlock births (44 percent) has approached that of Americans who haven't completed high school (54 percent). Americans with college diplomas or more, by contrast, have a rate of just 6 percent.... Our economic woes, then, are not simply cyclical or structural. They are also - chiefly - institutional, the consequence of U.S. corporate behavior that has plunged us into a downward cycle of underinvestment, underemployment and under-consumption."

Reuters: "Israel told U.S. officials in 2008 it would keep Gaza's economy 'on the brink of collapse' while avoiding a humanitarian crisis, according to U.S. diplomatic cables published by a Norwegian daily on Wednesday. Three cables cited by the Aftenposten newspaper, which has said it has all 250,000 U.S. cables leaked to WikiLeaks, showed that Israel kept the U.S. Embassy in Tel Aviv briefed on its internationally criticized blockade of the Gaza Strip." ...

... Now, here's an interesting conspiracy theory from William Engdahl on VoltaireNet: "The story on the surface makes for a script for a new Oliver Stone Hollywood thriller. However, a closer look at the details of what has so far been carefully leaked by the most ultra-establishment of international media such as the New York Times reveals a clear agenda. That agenda coincidentally serves to buttress the agenda of US geopolitics around the world from Iran to North Korea. The Wikileaks is a big and dangerous US intelligence Con Job which will likely be used to police the Internet." Read it all. I'm not saying I buy it, but Engdahl makes a good circumstantial case.

Sharon Terlep & John Kell of the Wall Street Journal: "U.S. auto sales rose 11% in December, capping a year that suggests the industry is on the verge of one of the most dramatic shifts in its history. For most of the past century, the U.S. car industry was dominated by General Motors Co., Ford Motor Co. and Chrysler Group LLC. Now, as a result of both long-term trends and the upheaval of the last two years, the Big Three are about to be replaced by a Gang of Seven as the industry's driving force."

Pay off Those Student Loans, Kids. Melissa Corn of the Wall Street Journal: "After paying the companies that actually collect [defaulted student] loans and other costs, the U.S. Department of Education expects to recover 85% of defaulted federal loan dollars.... It is nearly impossible to discharge student loan debt, even in bankruptcy. The government can garnish a borrower's wages, withhold tax returns and siphon off Social Security and disability payments in order to recover the funds. Collection costs stretch out the defaulted loan's term, with those payments taking precedence over principal reduction. That, in turn, allows the government to tack on extra interest."

Another Way B of A Will Fix You. Zach Carter & Arthur Delaney of the Huffington Post: it appears Bank of America is automatically lowering credit ratings of people who just ask questions about the status of their mortgages. CW: this doesn't surprise me. Home & auto insurance companies were reportedly cancelling policies of policyholders who merely asked if particular losses were covered, even if they never filed claims.

Laissez Faire Extraordinaire. Binyamin Appelbaum of the New York Times: "Last month ... Representative Darrell Issa ... dispatched letters to 150 companies, trade groups and research organizations asking them to identify federal regulations that are restraining economic recovery and job growth. Mr. Issa ... said the concerns of businesses had been ignored by the Obama administration as it pursued what he described as an unprecedented regulatory expansion.... Mr. Issa ... is underscoring the commitment of the new House majority to help business by curtailing government. 'This is even more evidence that House Republicans are in the business of protecting corporate special interests instead of creating middle-income jobs,' the Democratic Congressional Campaign Committee said...."

William D. Cohan of the New York Times: "With Goldman’s investment in Facebook, we have a front-row seat to the process by which Wall Street creates and inflates financial bubbles."

CW: I've refused to cover the big race for RNC Chair, but Jon Stewart tells you all you need to know:

New York Times Editors: "Justice Antonin Scalia has a knack for drawing unflattering light to himself and the Supreme Court." Too bad he doesn't even acknowledge that his antiquated, narrow views are in conflict with numerous Supreme Court rulings. ...

... What's most preposterous is that Scalia was part of the most shameful and flagrantly political use – it was abuse, really -- of the 14th Amendment in Supreme Court history, when he joined the majority in the Bush vs. Gore decision and stopped the Florida recount, brazenly using 'equal protection' as one of the cornerstones. The ... majority argued that the white, wealthy George W. Bush would have his rights violated if Florida counties used different procedures to recount votes.... Now, if Scalia really thought the 14th amendment only intended to make former slaves full citizens, he should have applied it to make sure black voters ... were treated fairly in Florida (and in fact, we know they were not.) -- Joan Walsh of Salon

Karin Brulliard of the Washington Post: "The tightening grip of Islamist extremism in Pakistan was violently highlighted Tuesday with the assassination of one of the country's most outwardly progressive politicians by one of his police guards, who told investigators he was incensed by his boss's stance against a controversial anti-blasphemy law. The killing of Salman Taseer, the razor-tongued governor of Punjab province, stunned the nation and further rocked Taseer's ruling Pakistan People's Party, which is struggling to keep its government afloat following its key ally's defection to the opposition Sunday."

Talent Where You Find It:

... Here's a related story from, appropriately enough, the Voice. AND some updates from Reddit.