;)
The Commentariat -- July 28, 2014
NEW. Amy Goldstein of the Washington Post: "Medicare's financial health is improving, according to a new official forecast that says that the program will remain solvent until 2030 -- four years later than anticipated a year ago -- because of the Affordable Care Act and lower-than-expected spending on hospital stays.... The trustees [for Medicare & Social Security] found relatively little change, however, in the finances of Social Security. The forecast says that the program;s trust funds will have enough money to pay all the retirement and disability benefits it owes until 2033"
Apparently Not a Joke. Peter Schroeder & Cristina Marcos of the Hill: "House Republicans want to use their final week in Washington before the August recess to send a signal that they are ready to govern. As the country's attention turns to the fight for control of the House and Senate, Republicans want to show they are capable of handling two of the nation's toughest issues: the thousands of children crossing the border, and the veterans in need of healthcare." ...
... David Atkins, in the Washington Monthly: "... it's remarkable to watch: even as Boehner gives his far right pro-impeachment flank a carrot by initiating a preposterous and unpopular lawsuit, he holds the stick of losing elections to persuade them to actually do something halfway reasonable on immigration and healthcare for veterans." ...
... Jake Sherman & Seung Min Kim of Politico: "House Republicans fear the backlash. They know their summer will be long if they cannot pass a bill to deal with the influx of migrant children at the Texas-Mexico border. Most of them know it's the right thing to do -- especially in an election year. But it's still far from clear it can get done." ...
... Jim Newell of Salon: "It's audacious enough for Boehner and company to think that anything they do, at this point, will show that they 'can govern.' What's worse is how low they've set the bar for effective governance with regards to their action on this border bill. Their goal for the week isn't to reach a compromise with Senate Democrats and get a border bill to the president's desk by week's end. It's simply to pass a piece of legislation out of the House." ...
... Julian Hattem of the Hill: "Leaders in the House and Senate have reached a deal on legislation to reform the Veterans Affairs Department and are poised to unveil it on Monday."
Today in American Oligarchy
Ashley Parker of the New York Times: "An explosion of spending on political advertising on television -- set to break $2 billion in congressional races, with overall spots up nearly 70 percent since the 2010 midterm election -- is accelerating the rise of moneyed interests and wresting control from the candidates' own efforts to reach voters. In the first full midterm cycle where outside groups have developed a sophisticated infrastructure, the consequences are already becoming apparent: a harshly negative tone dictated by the groups and a nearly nonstop campaign season that could cause voters to tune out before Election Day."
Paul Krugman:on the "Tax Avoidance du Jour: Inversion.... There is ... one big difference between corporate persons and the likes of you and me: On current trends, we're heading toward a world in which only the human people pay taxes.... The federal government still gets a tenth of its revenue from corporate profits taxation. But it used to get a lot more -- a third of revenue came from profits taxes in the early 1950s, a quarter or more well into the 1960s. Part of the decline since then reflects a fall in the tax rate, but mainly it reflects ever-more-aggressive corporate tax avoidance -- avoidance that politicians have done little to prevent."
Driftglass has a lovely little essay on the pundits gathering on "Press the Meat" to "sit shiva for David Gregory's career" AND on some excellent examples of Gregory's usual journalistic expertise. CW: Personally, I appreciate Gregory's repeated acts of journalistic malpractice. I tend to feel sorry for anybody about to lose his job, whether deservedly or not. Gregory spares me from having to exercise my natural compassion for his bad turn of luck.
Beyond the Beltway
Rosalind Helderman, et al., of the Washington Post: "In their much-anticipated federal corruption trial set to begin Monday, former Virginia governor Robert F. McDonnell and his wife, Maureen ..., will submit themselves to a potentially humiliating spectacle that will showcase an intimate view of their frayed marriage and odd personal relationships.... Together, he and his wife are fighting 14 criminal charges of public corruption and lying on financial documents." ...
... Trip Gabriel of the New York Times: "The governor [-- Terry McAuliffe (D) of Virginia -- ] and his Legislature are dug in, engaged in ugly trench warfare. The most powerful member of its congressional delegation, an implacable foe of the president, was tossed out in a primary for being too wishy-washy. And a former governor and his wife go on trial on Monday on charges they used his office as an A.T.M., cashing in for goodies like a Rolex watch and designer clothes. This state, which once took pride in the 'Virginia Way,' a plain-vanilla politics of civility, consensus and relatively clean government, has become a setting of national political melodrama...."
News Ledes
New York Times: "The United States has concluded that Russia violated a landmark arms control treaty by testing a prohibited ground-launched cruise missile, according to senior American officials, a finding that was conveyed by President Obama to Russian President Vladimir V. Putin in a letter on Monday."
New York Times: "The United States and Europe put aside their differences and agreed on Monday to sharply escalate economic sanctions against Russia in a set of coordinated actions driven by the conclusion that Moscow has taken a more direct role in the war in Ukraine. After months in which European leaders were hesitant to go as far as the Americans, the two sides settled on a package of measures that would target Russia's financial, energy and defense sectors. In some cases, the Europeans may actually leapfrog beyond what the United States has done, forcing Washington to try to catch up."
Guardian: "Dutch and Australian police have failed to reach the crash site of Malaysia Airlines flight MH17 for a second day as clashes rage in a town on the road to the area." ...
... Washington Post: "The Ukrainian military on Monday captured a strategically important swath of territory close to the debris field of Malaysia Airlines Flight 17, a spokesman said, dealing a blow to pro-Russian rebels but raising new questions about whether an investigation at the site will ever yield conclusive evidence about the attack on the airliner."
NEW. Washington Post: "Israel will press its air and ground offensive in the Gaza Strip, Prime Minister Benjamin Netanyahu said Monday, preparing his country for a longer and bloodier campaign and dashing hopes that the three-week-old conflict would end soon." ...
... Washington Post: "International efforts to end the devastating three-week-old Gaza war intensified Monday with the U.N. Security Council calling for an 'immediate and unconditional humanitarian cease-fire' in the conflict that has already claimed the lives of more than 1,035 Palestinians and 43 Israeli soldiers. The ravaged coastal enclave was relatively quiet Monday as Palestinians started celebrating the three-day Eid al-Fitr holiday that caps the Muslim fasting month of Ramadan. Israel mostly held its fire overnight, shelling only a site in the northern Gaza Strip in response to rockets fired from there." ...
... UPDATE: "Explosions rocked a major hospital and a neighborhood of Gaza City on Monday, leaving at least 10 people dead, witnesses reported." ...
... New York Times: "On Sunday, however, [U.S. Secretary of State John] Kerry was having difficulty accomplishing even ... a succession of temporary cease-fires..., despite a phone call in which President Obama, in a sign of mounting impatience, urged Prime Minister Benjamin Netanyahu of Israel to embrace an 'immediate, unconditional humanitarian cease-fire' while the two sides pursued a more lasting agreement. ...
... A White House readout of the conversation between Obama & Netanyahu is here.
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Reader Comments (5)
"Today in oligarchy". The billions available for defamation ensures that we will continue to be ruled by the lesser knaves in Congress.
Democrats have principles and an outlook that is understood. Republicans have the their own philosophy and that is understood.
The independent voter has no political convictions and is the target of the billions spent in attack ads. These independent voters who "vote for the man and not the party," hold the balance of power in most elections and swayed by the onslaught of negative political ads, vote for the politician they perceive to be the least despicable. The rest of us end up with a Congress ruled by the lesser knaves.
I hate listening to " independent voters" bragging abut their independence.
I have just heard an NPR interview with hedge fund Silicon Valley guy, Tim Draper, that has left me very distressed. He is heading an effort to split California into six states. My gut reaction (also voiced to some extent by the interviewer) that this is an effort of the rich to dump the poor, the conservatives to dump the progressives and is just a terrible idea. While it probably can't get the approval of Congress, I wouldn't be surprised if Californians do approve the probable referendum in 2016. What do the readers of Reality Chex think about this?
Hailey: I believe it's a stupid idea. Silicon Valley isn't home to deep political thinkers.
@Haley Methinks that Tim Draper has much too much money and doesn't know what to do with it...he was on the Stephen Colbert show last week (you can probably view the episode here): http://thecolbertreport.cc.com/videos/rmgh1u/six-californias---tim-draper
Tall, good-looking, amiable billionaire with a hearty laugh—you sort of go, wait? what? this is the guy with stupid, nutty idea of splitting California into six parts? Huh? That's why I think he's got way to much time & money on his hands—and stirring the pot, aggravating people with some outrageous proposal is how someone like this gets his kicks!
Haley. I think this is the drill: If the proposition passes (similar silliness has failed before in California), it has to be approved by the state legislature (close to zero chance), and then it has to be approved by the US Congress, where the reps and senators will spend years trying to figure out the who (which party) gains what in senators (each new state would get two). Remember, Hawaii got statehood only because Alaska did. MAG's right: rich brat who craves attention.