The Commentariat -- January 28, 2012
President Obama's Weekly Address:
... The transcript is here.
Maybe you're sick of the State of the Union address, but Jim Fallows -- a former presidential speechwriter, BTW -- has a terrific edition, with his own smart annotations. Click on the underlined text, and the annotations pop up. Some are pretty funny. ...
... Robert Scheer writes an excellent reality check on President Obama's SOTU address. CW: what he writes is exactly the reason I backed Obama over Hillary Clinton -- I did not want to get Clintonized again. Yet Obama, if he is Bush III on foreign affairs, is Clinton II on domestic policy. ObamaCare is fiscally-conservative HillaryCare, Dodd-Frank & its Volcker Rule is nowhere near Glass-Steagall, & Obama's Simpson-Bowles Commission belt-tightening deficit-reduction is as Clintonesque as it gets -- right down to Bowles, who was Clinton's chief-of-staff. Occupy is far from finished its work. Read Scheer, who hits other topics in the SOTU. I think the only difference between then & now is that WE are smarter this time. We must stay smart. And tough.
Diane Sawyer interviewed President Obama; the interview aired Thursday:
Peter Whoriskey of the Washington Post: "The Commerce Department on Friday issued its quarterly report showing that the economy expanded at a comfortable rate of 2.8 percent during the last quarter of last year.... But the report and other recent economic data suggest a stark divide between the fortunes of businesses and people. Companies are thriving again, but households have come under financial stress.... The employment level is down about 6 million from its peak of about 146 million just before the downturn.... Wage increases have been modest, too.... Though consumers are spending more, they are also saving less, with the personal savings rate dropping for each of the last four quarters.... Moreover, disposable personal income is slightly lower than it was a year before in inflation adjusted dollars."
Here's the text of an e-mail I just got from my friends at Google. See the January 26 Commentariat for related new stories:
We're getting rid of over 60 different privacy policies across Google and replacing them with one that's a lot shorter and easier to read. Our new policy covers multiple products and features, reflecting our desire to create one beautifully simple and intuitive experience across Google.
We believe this stuff matters, so please take a few minutes to read our updated Privacy Policy and Terms of Service at http://www.google.com/policies. These changes will take effect on March 1, 2012.
March 1, 2012 is when the new Privacy Policy and Terms will come into effect. If you choose to keep using Google once the change occurs, you will be doing so under the new Privacy Policy and Terms of Service.
Reuters: "Apple Inc has never turned 'a blind eye' to the problems in its supply chain and any suggestion it does not care about the plight of workers is 'patently false,' Apple Chief Executive Tim Cooksaid in an email to employees. Cook was responding to a report in The New York Times about working conditions at Apple's main contract manufacturer, Foxconn, in China, an issue that for years has been a thorn in the company's side." CW: Ah, good. None of those damning reports is true. And Cook is really earning his $60 million a year, isn't he?
Matthew Yglesias in Slate: "... Data released this month as part of the [International EnergyAgency]’s ltest World Energy Outlook report ... shows that in 2010 the world spent $409 billion on subsidizing the production and consumption of fossil fuels, dwarfing the word’s $66 billion or so of subsidies for renewable energy. Phasing fossil fuel subsidies out would be sufficient to accomplish about half the reduction in greenhouse gas emissions needed to meet the goal of preventing average world temperatures from rising more than 2 degrees Celsius."
David Firestone of the New York Times: in case you've forgotten, because Republicans keep lying to you about them & Newt & Willard keep sliming each other with them, Fannie & Freddie did not cause the financial crisis.
Right Wing World
** Daniel Denvir in Slate: "... the stereotyping of black government dependency ... serves the strategic end of discrediting the entire social safety net, which most Americans of all races depend on. Black people are subtly demonized, but whites and blacks alike will suffer." CW: I thought this was 40-year-old "news," but Denvir puts the history of social safety net programs together to make some very good points. For instance, I never thought of this: "On Social Security, [Rick] Santorum is making what appears to be a safe argument for reform: cutting rich people out of the program. Right now, Social Security belongs to everyone. Cutting rich people out is the first step to making it a program for the poor. Making something a program for the poor — see food stamps, Medicaid and welfare — is the first step toward eliminating it."
Mitt Romney, Candidate of the Great Vampire Squid. Nicholas Confessore, et al., of the New York Times: "No other company is so closely intertwined with [Mitt] Romney’s public and private lives [than is Goldman Sachs --] except Bain itself. And in recent days, Mr. Romney’s ties to Goldman Sachs have lashed another lightning rod to a campaign already fending off withering attacks on his career as a buyout specialist, thrusting the privileges of the Wall Street elite to the forefront of the Republican nominating battle." Goldman has been bankrolling Willard for decades, and now they're his biggest contributors.
Matt Viser of the Boston Globe: "Republican presidential candidate Mitt Romney has long been critical of Fannie Mae and Freddie Mac, blaming the government-backed housing lenders for inducing the home-mortgage crisis and saying they have become too unwieldy.... Yet Romney has profited from investments that were made in both government entities.... And unlike most of Romney’s financial holdings, which are held in a blind trust that is overseen by a trustee and not known to Romney, this particular investment was among those that would have been known to Romney."
Local News
Campbell Robertson & Stephanie Saul of the New York Times: "A close look at some of the clemency applications of the nearly 200 others who were pardoned [by outgoing Gov. Haley Barbour of Mississippi] reveals that a significant share contained appeals from members of prominent Mississippi families, major Republican donors or others from the higher social strata of Mississippi life." Barbour issued "more than 10 times as many pardons as his four predecessors combined."
News Ledes
New York Times: "NBC News is asking that the Romney campaign remove from its ads any references to material from the network in response to a new commercial that consists almost entirely of old footage of its former news anchor, Tom Brokaw, reporting on Newt Gingrich’s legal troubles.... The Romney campaign said Saturday that it ... was reluctant to take the ad off the air because it believes it falls within the provisions of the fair-use doctrine...." Here's the ad:
Here's the campaign ad which NBC wants the Romney campaign to take down:
Reuters: "The Justice Department issued civil subpoenas to 11 financial institutions as part of a new effort to investigate misconduct in the packaging and sale of home loans to investors, Attorney General Eric Holder said on Friday. Holder declined to provide specifics, including the names of the firms."
New York Times: New York City "Police Commissioner Raymond W. Kelly said Friday that 'The Third Jihad,' a film depicting many American Muslim leaders as extremists, 'should not have been shown' to New York City officers. The film was played on a loop for officers during 2010 in a waiting area outside a counterterrorism training course, Mr. Kelly said. He placed responsibility for the decision to show the film on a sergeant, whom Mr. Kelly did not identify."
Guardian: "The head of the Arab League monitoring mission in Syria has said violence has risen significantly in the country in recent days, as the UN prepares to debate a resolution on the crisis next week. The flashpoint city of Homs has again been the focal point of clashes, which are thought to have killed at least 100 people since Wednesday. Activists in the besieged city reported a massacre had taken place at the hands of regime forces on Thursday."
Guardian: "Four current and former employees of the Sun newspaper and one serving police officer have been arrested as part of Scotland Yard's investigation into police corruption. The Metropolitan police have also launched a search at News International's headquarters in Wapping in a bid to secure any potential evidence relating to suspected payments to police by journalists."
Reuters: "Greece and its private creditors head back to the negotiating table on Saturday to put together the final pieces of a long-awaited debt swap agreement needed to avert an unruly default."
Reader Comments (3)
Thanks for the Jim Fallow's edition––found it interesting and yes, pretty funny in parts. I then clicked on to to his link re: his GRRRRR response to the ubiquitous God bless business after all of Obama's speeches. I recall one time that Obama didn't end with that and Fox had a fit about it. For those of us who cringe at that piety, pretty sure that this nation isn't being blessed by any god at any time, we keep hoping that this kind of thing will be dropped from the end of speeches and replaced by something like Ya'all have a nice day, hear?"
@ P.D. Pepe: ha ha! Love your substitute for "God bless America." "Hear," BTW, should be pronounced "hee-yah," a pronunciation that may be incomprehensible in the Midwest & West, but works well in the South & New England.
I used to correspond with Jim Fallows -- haven't lately -- and I think I got him on the the anti-"God bless America" kick. We were discussing some of the basic elements of Obama's speeches, and Fallows helped me get an idea to Obama's speechwriters that I was sure would make the message clearer to the average, low-info listener. The speechwriters did throw in my idea once, but they dropped it, tho it's back now since Obama got on his populist/re-election kick.
Somewhere in the course of that discussion with Fallows, I mentioned how I hoped Obama would drop the "God bless America" coda -- which at first he didn't always use -- and Fallows took up the cause. I love that guy!
On the subject of religion in public life — which nearly always overlaps at least somewhat with politics, because there is always a politician or would-be politician ready to blast the opposition for being inadequately pious — let’s not forget the case reported in the NYT January 26 of the Rhode Island atheist teenager catching great flak for her successful lawsuit against her public school for its display of a large prayer in the auditorium.
Despite the Constitutionally-mandated separation of church and state, often the most vehement intolerance is directed towards those not making what the religious consider to be sufficient public display of belief in some religion.