The Ledes

Saturday, September 28, 2024

Washington Post: “Rescue teams raced to submerged homes, scoured collapsed buildings and steered thousands from overflowing dams as Helene carved a destructive path Friday, knocking out power and flooding a vast arc of communities across the southeastern United States. At least 40 people were confirmed killed in five states since the storm made landfall late Thursday as a Category 4 behemoth, unleashing record-breaking storm surge and tree-snapping gusts. 4 million homes and businesses have lost electricity across Florida, Georgia and the Carolinas, prompting concerns that outages could drag on for weeks. Mudslides closed highways. Water swept over roofs and snapped phone lines. Houses vanished from their foundations. Tornadoes added to the chaos. The mayor of hard-hit Canton, N.C., called the scene 'apocalyptic.'” An AP report is here.

The Wires
powered by Surfing Waves
The Ledes

Friday, September 27, 2024

New York Times: “Maggie Smith, one of the finest British stage and screen actors of her generation, whose award-winning roles ranged from a freethinking Scottish schoolteacher in 'The Prime of Miss Jean Brodie' to the acid-tongued dowager countess on 'Downton Abbey,' died on Friday in London. She was 89.”

The Washington Post's live updates of developments related to Hurricane Helene are here: “Hurricane Helene left one person dead in Florida and two in Georgia as it sped north. One of the biggest storms on record to hit the Gulf Coast, Helene slammed into Florida’s Big Bend area on Thursday night as a Category 4 colossus with winds of up to 140 mph before weakening to Category 1. Catastrophic winds and torrential rain from the storm — which the National Hurricane Center forecast would eventually slow over the Tennessee Valley — were expected to continue Friday across the Southeast and southern Appalachians.” ~~~

     ~~~ The New York Times' live updates are here.

Mediaite: “Fox Weather’s Bob Van Dillen was reporting live on Fox & Friends about flooding in Atlanta from Hurricane Helene when he was interrupted by the screams of a woman trapped in her car. During the 7 a.m. hour, Van Dillen was filing a live report on the massive flooding in the area. Fox News viewers could clearly hear the urgent screams for help emerging from a car stuck on a flooded road in the background of the live shot. Van Dillen ... told Fox & Friends that 911 had been called and that the local Fire Department was on its way. But as he continued to file the report, the screams did not stop, so Van Dillen cut the live shot short.... Some 10 minutes later, Fox & Friends aired live footage of Van Dillen carrying the woman to safety, waking through chest-deep water while the flooding engulfed her car in the background[.]”

Help!

To keep the Conversation going, please help me by linking news articles, opinion pieces and other political content in today's Comments section.

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OR here's a link generator. The one I had posted died, then Akhilleus found one, but it too bit the dust. He found yet another, which I've linked here, and as of September 23, 2024, it's working.

OR you can always just block, copy and paste to your comment the URL (Web address) of the page you want to link.

Note for Readers. It is not possible for commenters to "throw" their highlighted links to another window. But you can do that yourself. Right-click on the link and a drop-down box will give you choices as to where you want to open the link: in a new tab, new window or new private window.

Thank you to everyone who has been contributing links to articles & other content in the Comments section of each day's "Conversation." If you're missing the comments, you're missing some vital links.

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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Publisher & Editor: Marie Burns


Tuesday
Nov012011

The Commentariat -- November 2

Just a quick note about Grover Norquist. If Grover Norquist is now the most powerful man in America, he should run for president. There’s no question about his power. And let me tell you, he has people in thrall. That’s a terrible phrase. Lincoln used it. It means your mind has been captured. You’re in bondage with a soul. So here he is.... He said, ‘My hero is Ronald Reagan.’ I said, ‘Well, he raised taxes 11 times in his eight years.’ And he said, ‘I know. I didn’t like that at all.’ I said, ‘Well, he did it. Why do you suppose?’ He said, ‘I don’t know. Very disappointing.’ I said, ‘He probably did it to make the country run, another sick idea. -- Former Sen. Alan Simpson (R-Wyo.), testifying before the Deficit Reduction Super Committee, a/k/a Catfood Commission II (Simpson-Bowles being Catfood Commission I)

Senator Moneybags.Zaid Jilani of Think Progress. The net worth of the median American Congressman is more than five times what the net worth of the median American is. (And the figure for that "average American" includes, of course those in the top tier. If you cut out Mrs. & Mrs. Richy Rich, the "average American" net worth would be substantially lower.)

 

Congress is responsible for the mortgage crisis. -- Baron von Bloomberg:

For any public figure to go with the Congress-did-it argument at this stage is for him to reveal both that he is grossly ignorant about the central policy issue of the day and that he gets his 'analysis' from right-wing flacks. -- The Peasant Krugman, Nobel Laureate

Keep this in mind every time you hear Tom Friedman or some other Village-meets-Versaille resident of the royal court urge Bloomberg to run a third-party campaign. The logic that informs this kind of political analysis is quite similar to that which dictates Charlie Sheen’s philosophy of intoxicant consumption — if it doesn’t work, do it again, more, harder, forever. -- Elias Isquith, The League of Ordinary Gentlemen

Mayor 1% (and Unity 2012 dream boat) is starting to show his true spots.... What he said is just an outright lie (a zombie lie, in fact) and he knows it. -- Digby ...

... Digby links to this very helpful October 2008 McClatchy News report (by David Goldstein & Kevin Hall) of Fannie & Freddie's limited participation in the subprime lending mess

Bloomberg is either ignorant of the facts of the mortgage meltdown or so eager to rid his city of Occupiers that he'll discard the truth. The Community Reinvestment Act of 1977 did not cause the meltdown of 2007, in no small part because that law didn't apply to the private lenders who dominated the subprime market. The fraudulent practices of those lenders and the financial derivatives the private investment houses used to turn the subprime market into an elaborate game of hot potato were left unregulated by the federal government — but that's not even the basis for Bloomberg's criticism of Washington. He claims Fannie Mae and Freddie Mac 'made a bunch of loans' even though they (1) do not make loans, and (2) were backing out of insuring subprime loans as private, unregulated firms rushed into the derivatives casino. -- Alan Pyke, Political Correction

... The lenders that made the bulk of subprime loans weren’t even covered by government laws to encourage homeownership. In fact, 94 percent of high-cost loans were totally unconnected from government homeownership laws. -- Pat Garofalo of Think Progress

... AND Another Thing. Harry Siegel of the New York Daily News: "Two different drunks I spoke with last week told me they’d been encouraged to 'take it to Zuccotti' by officers who’d found them drinking in other parks, and members of the community affairs working group related several similar stories they'd heard.... The NYPD’s press office declined to comment on the record about any such policy, but it seems like a logical tactic from a Bloomberg administration that has done its best to make things difficult for the occupation — a way of using its openness against it." ...

... Karen Garcia thinks the city's alleged subversion of the movement may backfire as Occupy gives the homeless a voice. ...

... Kristin Bender, et al., of the Oakland Tribune: "As Oakland braces for Wednesday's general strike, potentially the biggest demonstration in the East Bay since the Vietnam War, Mayor Jean Quan found herself under fire, both from her own Police Department and a neighboring mayor, for her handling of the Occupy Oakland protests.... There are now more than 100 tents on the plaza lawn. The Oakland teachers union has paid for at least nine portable toilets at the camp and there is a new food station, medical aid available from the California Nurses Association and freshly planted gardens that protesters say will sprout to feed the occupiers.... Richmond Mayor Gayle McLaughlin said she will march part way with residents who plan to trek 10 miles from Richmond to Frank H. Ogawa Plaza. McLaughlin said Quan made a 'big mistake to have the police attack and raid the movement' last week." ...

... Oakland Police Officers Association: "We represent the 645 police officers who ... protect the citizens of Oakland. We, too, are the 99% fighting for better working conditions, fair treatment and the ability to provide a living for our children and families. We are severely understaffed.... As your police officers, we are confused.... the Administration issued a memo on Friday, October 28th to all City workers in support of the 'Stop Work' strike scheduled for Wednesday, giving all employees, except for police officers, permission to take the day off." Via Valerie L-T.

Ken Thomas of the AP: Priorities USA Action, "a Democratic super PAC, is targeting Republican presidential candidate Mitt Romney with a new social media campaign that raises questions about his economic agenda one year before the 2012 election." Here's their ad:

Here's Jared Bernstein's short list of what Washington politicians would be working on were they actually doing what we hired them to do:

Jobs, incomes, loosening the middle class squeeze, both cyclical (recession) and structural (long term)

A sustainable budget path

Coverage and cost control in health care

Adequate regulation in key sectors, including financial markets and climate.

Reinvestment in public goods, education, infrastructure

      ... Bernstein adds, "if you hold or are running for political office and you don’t have a credible, understandable, plausible plan for addressing the above, you don’t belong in the picture.  Do us all a big favor and go home."

... NOW here is what Washington politicians are actually "working" on:

Why have my Republican friends returned to an irrelevant agenda? ...And yet here we are, back to irrelevant issue debates, the kind of thing people do when they have run out of ideas, when they have run out of excuses, when they have nothing to offer a middle class that is hurting and that has run out of patience.... This is simply an exercise in saying, 'We're more religious than the other people, we're more godly than the other people, and by the way, let's waste time and divert people's attention from the real issues that we're not dealing with,' like unemployment. -- Rep. Jerry Nadler (D-NY) on the House GOP's resolution reaffirming that "In God We Trust" is the national motto since "President Obama and other public officials often forget that." The resolution passed 396-9, with Nadler one of the "no" votes

Herman Cain & Judy Woodruff (of PBS's "News Hour") haven't heard that China has nukes (has had 'em for almost 50 years).

Right Wing World

Oh, You Knew This Was Coming, Too: Jack Gillum & Stephen Ohlemacher of the AP: "A third former employee says she considered filing a workplace complaint over what she considered aggressive and unwanted behavior by Herman Cain when she worked for the presidential candidate in the 1990s. She says the behavior included a private invitation to his corporate apartment. She worked for the National Restaurant Association when he was its head. She told The Associated Press that Cain made sexually suggestive remarks or gestures about the same time that two co-workers had settled separate harassment complaints against him." ...

... Evan McMorris-Santoro & Jillian Rayfield of TPM: "Herman Cain’s allies seem intent on tying his sexual harassment scandal to the most famous case of inappropriate workplace behavior in American history, the saga of Clarence Thomas. And in one unexpected way, they’ve already succeeded: much of the right wing is now pulling the dust cloths off the same old criticisms of the very concept of sexual harassment that they’ve kept in storage since the ’90s. Namely, that the behavior is often harmless fun and women really need to lighten up already." ...

Women Just Don't Get It. There are people now who hesitate to tell a joke to a woman in the workplace, any kind of joke, because it could be interpreted incorrectly. -- Sen. Rand Paul ...

A Sen. Paul Sympathizer Writes: Lil' Randy draws the line at abduction; kidnapping women and forcing them to participate in bizarre cult rituals. I can see where he might get the idea that women have no sense of humor about such small matters as kidnapping, forced drug use, and cultish religious worship ceremonies. Spoil sports. -- Anonymous

Sandhya Somashekhar & James Grimaldi of the Washington Post: "A woman who accused Herman Cain of sexual harassment in the 1990s is ready for her story to come out, her attorney said Tuesday, even as the Republican presidential hopeful spent a second day trying to quell the mounting controversy and explain his conflicting recollections of the matter. Joel P. Bennett, a lawyer representing one of two women who made the claims against Cain, said Tuesday that his client is barred from publicly relating her side because of a non-disclosure agreement she signed upon leaving the National Restaurant Association.... Bennett is calling on the association to waive the agreement so the woman, a federal worker living in suburban Maryland, can rebut Cain’s statements this week that the allegations were false and baseless.

... Update: Jim Rutenberg, et al. of the New York Times: "The National Restaurant Association gave $35,000 — a year’s salary — in severance pay to a female staff member in the late 1990s after an encounter with Herman Cain, its chief executive at the time, made her uncomfortable working there, three people with direct knowledge of the payment said on Tuesday." ...

... Jonathan Easley of The Hill: "A Herman Cain-affiliated super-PAC sent out a racially charged email to supporters on Tuesday, saying opponents are looking to 'take down any black man who stands up for conservative values.' The fundraising letter, which came from Jordan Gehrke, the campaign director for Americans For Herman Cain, is titled 'Don’t let the left "lynch" another black conservative'." ...

... Jonathan Chait of New York Magazine: "The question of whether the Herman Cain sexual harassment story will hurt his presidential campaign sort of misses the point that there is no Herman Cain presidential campaign.... Cain is executing a business plan.... The plan involves Cain raising his profile as a conservative personality, which he can monetize through motivational speaking, book sales, talk shows, and other media. If Cain were campaigning to be president, the scandal would hurt him. Since he is instead campaigning to boost his profile, it will help him.... Before this week, the one element missing from Cain’s profile was persecution by the liberal media. In the minds of the most conservative Republicans — which is to say, Cain’s customers — the sexual harassment story proves his importance and his virtue." ...

... Steve Kornacki of Salon: "Sean Hannity ... devoted two segments on his Fox News show Monday night to portraying the entire episode as the product of a 'left-wing media' that wants to destroy Cain because he 'represents a real threat to a liberal narrative that suggests conservatives are racist.'”

Congratulations are in order for Rick Perry who has taken Right Wing World to new heights. Most conservatives make up stuff by fudging numbers, twisting facts, "misremembering" or taking quotes out of context. But as Colby Hall of Mediaite reports, Perry has taken to repeating as fact a fictional "quotation" from a satirical story by  Mark Schatzker publlshed in the Toronto Globe and Mail.

News Ledes

Washington Post: "A group of 40 House Republicans for the first time Wednesday encouraged Congress’s deficit reduction committee to explore new revenue as part of a broad deal that would make a major dent in the nation’s debt, joining 60 Democrats in a rare bipartisan effort to urge the 'supercommittee' to reach a big deal that could also include entitlement cuts.... Among those who signed were several dozen Republicans who had previously signed a pledge promising they would not support a net tax increase."

AP: "Thousands of Japanese-Americans who fought in the fiercest battles of World War II and became some of the most decorated soldiers in the nation's history were given an overdue thank-you from their country Wednesday when Congress awarded them its highest civilian honor. Nearly seven decades after the war's beginning, Congress awarded three units the Congressional Gold Medal. In all, about 19,000 Japanese-Americans served in the units honored at a ceremony Wednesday: the 100th Infantry Battalion, the 442nd Regimental Combat Team and the Military Intelligence Service."

Men's Wearhouse, Oakland, California. Photo by Oakland Tribune.... Chris Goode of The Atlantic: "George Zimmer, founder and chairman of Men's Wearhouse, has repeatedly donated to Democratic candidates..., including progressives like 2004 presidential candidate Howard Dean and Rep. Barbara Lee (Calif.). Zimmer is also among the nation's biggest donors supporting the movement to legalize marijuana."

... AP: "Thousands of Occupy Wall Street protesters escalated their tactics beyond marches, rallies and tent camps Wednesday and moved to disrupt the flow of goods at the nation's fifth-busiest port. Protesters were arrested as they held a sit-in at the headquarters of cable giant Comcast in Philadelphia. Military veterans marched in uniform in New York, angry at their dim job prospects. And parents and their kids, some in strollers, formed a 'children's brigade' to join the Oakland, Calif. rallies." ...

... Oakland Tribune: "Protesters have effectively shut down maritime operations at the Port, Director Omar Benjamin said ... Tuesday, as more than 4,000 people are at the gates. The crowd stretched several blocks down Middle Harbor Road leading into the port as they begin their attempt to shut down the port for start of the 7 p.m. night shift. Benjamin pledged that normal port operations would resume, however, and asked protesters to give workers safe passage to their homes." ...

... Philadelphia Inquirer: "Ten protesters were arrested during an Occupy Philly sit-in staged Wednesday afternoon at the Center City headquarters of Comcast Corp. Several hundred people, including protesters and onlookers, watched the spectacle unfold at the Comcast Center on John F. Kennedy Boulevard. Area traffic was jammed for hours. About 1:30 p.m., nine protesters got into the lobby and sat for about an hour before being arrested. Another demonstrator had been arrested outside earlier." ...

... New York Daily News: "Dozens of veterans marched on Wall Street Wednesday in support of the '99 percent' and a young soldier injured last week when demonstrators clashed with police in Oakland, Calif. Close to 40 people walked in unison from Vietnam Veterans Plaza to Zuccotti Park.... The demonstrators attempted to walk up to the stock exchange, the symbolic heart of New York’s financial district, and were met by a barricade of police on horseback."

... Guardian: "The Corporation of London has told Occupy London protesters that they can stay in the lee of St Paul's Cathedral until the new year, according to protesters. The Corporation refused to confirm or deny this." ...

... Los Angeles Times: "Federal Reserve Chairman Ben S. Bernanke says he has sympathy for the Occupy Wall Street movement’s 'dissatisfaction' with the economy. But he also said his critics were misguided if they believed that Fed policy has been motivated by a desire to protect bankers' incomes." ...

... The Do-Nothing Fed. New York Times: "The Federal Reserve significantly reduced its forecast of economic growth through 2013, acknowledging that it had once again overestimated the nation’s recovery from the 2008 financial crisis.... However, the Fed said that its policy-making committee had decided against taking new measures to stimulate growth at a two-day meeting that concluded Wednesday."

AP: "A third former employee says she considered filing a workplace complaint over what she considered aggressive and unwanted behavior by Herman Cain when she worked for the presidential candidate in the 1990s."

Life Is So Unfair. AP: "A casualty of the European debt crisis is the release date of Italian Prime Minister Silvio Berlusconi’s new album of love songs. The album, the fourth by the former cruise ship singer, was due for release in September, but is now scheduled for as late as Nov. 22 due to the country’s massive debt problems and his own legal issues, according to the Italian newspaper La Stampa."

President Obama spoke about an infrastructure bill late this morning. The Hill: "A senior Senate Democratic aide predicted Tuesday that not a single Republican would vote for the latest jobs package of $50 billion in infrastructure spending combined with a $10 billion national infrastructure bank."

     ... New York Times Update: "President Obama on Wednesday visited another bridge in need of repair – this one somewhat closer to home, between Washington and Virginia — to promote his job-creation proposals as the Senate began the latest partisan debate over his plans." See video above.

New York Times: "With the government teetering on the verge of collapse, the Greek cabinet offered its full support early Wednesday to Prime Minister George Papandreou for his surprise plan to call a referendum on the Greek financial crisis." ...

... Guardian: "The French president Nicolas Sarkozy and German chancellor Angela Merkel will hold emergency talks on Wednesday in a desperate attempt to hold the eurozone together and formulate a response to the Greek prime minister's plan for a referendum on the austerity measures imposed by his European partners."

New York Times:  "A London court ruled on Wednesday that Julian Assange, the WikiLeaks founder, can be extradited to Sweden for questioning over allegations of sexual abuse there last year. The decision was the latest chapter in a months-long legal battle that has seen Mr. Assange under house arrest and WikiLeaks temporarily shuttered. In their ruling, two British appeals judges said a European Arrest Warrant seeking Mr. Assange’s extradition could not 'be said to be disproportionate' since it related to 'serious sexual offenses,' which Mr. Assange has denied." Guardian story here.

AP: "The Arab League will unveil on Wednesday its plan to ease violence in Syria, calling for the withdrawal of tanks and armored vehicles from the streets and free elections, diplomats involved in the process said Wednesday. The proposal is the most wide-reaching yet to address the 7-month-old Syrian uprising and comes with a sharp rebuke to President Bashar Assad's regime for its bloody crackdowns on anti-government protesters. The U.N. says the some 3,000 people have been killed since the revolt began in March."

AP: "For 20 years, Abdurrahim el-Keib taught electrical engineering at the University of Alabama, helped lead the area's Muslim community and talked little about his home country of Libya. With Moammar Gadhafi's regime deposed, the professor now has a new role as prime minister of his homeland. El-Keib was elected to the post late Monday by Libya's National Transitional Council and will replace outgoing interim Prime Minister Mahmoud Jibril, who had promised to step down after victory over Gadhafi's dictatorship."

Digital Journal: "Loudoun County, Va., GOP Chairman Mark Sell, has apologized for a ghoulish image of Obama sent by email to invitees to a Halloween parade, and the Loudoun County Republican Committee's communications director Robert Jesionowski, has resigned his position."

Tuesday
Nov012011

The Commentariat -- November 1

The issue for the great washed masses, via a friend:

By Matt Bors.

I've posted an Open Thread on today's Off Times Square.

Members of Congress Are Just Like Us. Paul Singer & Jennifer Yachnin of Roll Call: "Members of Congress had a collective net worth of more than $2 billion in 2010, a nearly 25 percent increase over the 2008 total, according to a Roll Call analysis of Members' financial disclosure forms. Nearly 90 percent of that increase is concentrated in the 50 richest Members of Congress." ...

... Adam Nagourney of the New York Times: "From Los Angeles to Wall Street, from Denver to Boston, homeless men and women have joined the protesters in large numbers, or at least have settled in beside them for the night. While the economic deprivation they suffer might symbolize the grievance at the heart of this protest, they have come less for the cause than for what they almost invariably describe as an easier existence.... But their presence is posing a mounting quandary for protesters and the authorities, and divisions have arisen among protesters across the country about how much, if at all, to embrace the interlopers. The rising number of homeless, many of them suffering from mental disorders, has made it easier for Occupy’s opponents to belittle the movement as vagrant and lawless and has raised the pressure on municipal authorities to crack down." ...

... The Supercommittee Goes for Increasing the Number of Homeless. Jake Sherman & Manu Raju of Politico: "As a critical deadline for the supercommittee nears, Social Security appears to be on the negotiating table. In private conversations, and now in public, the idea of changing the social program as part of a deficit-reduction deal is gaining some traction — a move that has been politically unthinkable for years."

Matt O'Brien in The New Republican: conservative "scholars" like Jim Pethokoukis of the American Enterprise Institute continue to cook the books in efforts to demonstrate that really, the sharp rise in income inequality over the past several decades is just a "myth." No, it isn't. ...

... "That's Not What I Said." Jon Chait of New York Magazine discusses the same same "analysis" by Pethokoukis, plus the Wall Street Journal's repeated trumpeting of new economics Nobelists Thomas Sargent & Christopher Sims as being "non-Keynesian." When the scholars whom these conservative analysts misquote speak up against the disinformation about their work, Chait sees an "Annie Hall" moment:

     ... Of course the true master of "That's Not What I Said" is Paul Krugman, whose words are always being misquoted or mischaracterized. He so often throws back misrepresentations I think he might want to change the title of his blog to "That's Not What I Said." ...

Speaking of making up things, Prof. Jonathan Gruber, writing in The New Republic, takes apart a House Republican report (produced by Darrell Issa) on the Affordable Care Act. The report contains one fallacious claim after another. And you, BTW, paid for it.

2008 All over Again. Joe Nocera: despite his making public speeches against out-of-control compensation for Wall Street executives, Jon Corzine, a former governor of & former U.S. senator from New Jersey as well as a former chief of Goldman Sachs, "was on track to get a $12 million golden parachute for failing at MF Global Holdings." CW: see also yesterday's Ledes: there are millions missing from MF Global, money that disappeared in the days before the firm declared bankruptcy.

What Everyone Knows. Everyone knows we can’t solve the debt crisis without making structural changes* to our entitlement programs. You know it. I know it. President Obama knows it. If we don’t make those changes, the programs won’t be there for your generation when you need them. Everyone understands this, and the fact of the matter is, strengthening these programs will be good for our economy. Nothing – nothing – would send a more reassuring message to the markets than taking bipartisan steps to fix the structural problems in Medicare, Medicaid and Social Security. -- House Speaker John Boehner

    * Structural changes. Def.: A term used by U.S. conservatives and members of the right-wing Republican party to mean "deep cuts." Also, a euphemism roughly akin to "You're screwed, people."

Kevin Drum of Mother Jones thinks it's time for President Obama -- instead of his surrogates -- to charge that Republicans are deliberately trying to wreck the economy. This, Drum argues, would force the story onto the front page & make Republicans defend the charges. ...

... On that note, Obama surrogate Rep. Debbie Wasserman-Schultz (D-Fla.) writes an op-ed in Politico touting Obama's proposed American Jobs Act. "Republicans need to get off the sidelines and join him and stop rooting for the economy’s failure in order to win an election.... [GOP presidential candidate Mitt Romney] wants to kick ... people ... out of their homes, allow bankers and investors to make a quick buck and then rewrite the laws to allow bankers to write their own rules. Romney doesn’t just want to return to the same policies that brought our economy to its knees; he wants to double down on them.... His tax plan slashes taxes for the wealthiest and corporations but does nothing to help middle-class families. In a telling moment at a Republican debate just a couple of weeks ago, he called payroll tax cuts in the American Jobs Act 'little Band-Aids.'”

How Republicans are using Occupy Wall Street (or in this case, Occupy Oakland) against President Obama. The comments accompanying the video on the YouTube site are precious: one commenter promises harm to "the first person s/he sees" sporting an Obama bumper sticker on her car. Evidently there's a new threat to some Americans: "DWD" -- "Driving While Democratic":

Right Wing World *

Catherine Rampell of the New York Times: "Gov. Rick Perry’s proposal for an opt-in flat tax would primarily benefit the wealthiest Americans, according to a new analysis from the Tax Policy Center, a nonpartisan research organization. Compared with current tax policy, the plan would most likely reduce federal tax revenue by $570 billion, or about 15 percent.... Almost every household in the top 1 percent would be offered a tax cut." ...

... Former Reagan advisor Bruce Bartlett ticks off a laundry list of the flaws in Perry's plan. "Mr. Perry’s plan cannot be taken seriously.... Whether the plan makes any sense as a matter of policy is irrelevant to its purpose, which is to win him the Republican nomination. With an Oct. 25 ABC News/Washington Post poll showing the flat tax much more popular among Republicans than Mr. Cain’s 9-9-9 plan, it might just work." ...

... AND you have to see Derek Thompson's bar charts on the Perry plan. I can't reproduce them here because they would take up a couple of column feet.

Jim Rutenberg & Michael Shear of the New York Times have an omnibus story on Herman Cain's Bad Day. See also yesterday's Commentariat. ...

... Alexander Burns of Politico: "Herman Cain backtracked on a central part of his story about the sexual harassment allegations leveled against him in the 1990s, telling PBS and Fox News that he recalled details of a financial settlement with one of the women involved. Changing his tune on the question of cash settlements was only the most glaring of several shifts in Cain’s comments Monday on the harassment charges leveled when he was president of the National Restaurant Association."

... Brett Smiley of New York Magazine: On the Greta Van Susteren show, Cain makes things worse. "Foot meet mouth." Here's part of the interview: he likes the ladies:

Byron Wolf of ABC News: "One of the more interesting moments during Herman Cain’s appearance [yesterday] at the National Press Club came not when he struck back hard against reports that he sexually harassed an employee of the National Restaurant Association in the 1990s, but when he burst into song at the end. The song, 'He Looked Beyond My Faults,' was written by Dottie Rambo." CW: well, he has a very nice voice:

Dana Milbank: "If Herman Cain were found to be a serial killer, his supporters would take this, too, as reassuring evidence that he is not just another career politician."

Ruth Marcus of the Washington Post: "It was inevitable, from the moment the story broke of sexual harassment allegations against Republican presidential candidate Herman Cain, that parallels would be drawn to Supreme Court Justice Clarence Thomas.... There is no indication that his race — or his political affiliation — is relevant in any way to the accusations or to Politico’s careful, responsible reporting on them.... The ones playing racial politics here are conservatives, not the supposed liberal media." ...

... Dan Eggen of the Washington Post has a bit more on the Milwaukee Journal Sentinel story we linked yesterday "about financial ties between [Cain']s campaign and a private charity run by two of his top aides.... The payments Cain campaign manager Mark Block's nonprofit made to Cain's campaign (and perhaps one to a conservative group before whom Cain spoke) are "forbidden under federal tax and election laws, because nonprofit charities are not allowed to donate money or services to political campaigns, according to election law experts. 'It looks like a law school exam on potential campaign finance violations,” said Lawrence H. Norton..., a former general counsel at the Federal Election Commission. 'Many of these payments would be prohibited contributions under federal election law.'” In a TV interview, Cain pled ignorance of the issue.

Joseph Curl of the Washington Times: First Lady Michelle Obama is a constantly enraged hellcat -- "Now, she is ready to spew her bilious disgust with America" -- and someday we're going to present some evidence to back up this bogus warmed-over Campaign 2008 claim. To prove his point, Curl includes with his column the photo of the Obama family watching a ball game. To the left is the First Lady, preparing to spew bile. I have not changed the size of the photo.

Anita Kumar of the Washington Post: "The Republican Party of Virginia is strongly condemning an e-mail sent by Loudoun County’s GOP committee that shows President Obama as a zombie with part of his skull missing and a bullet through his head.... The e-mail ... has several other images, including one of House Minority Leader Nancy Pelosi, whose face has been made to look deformed with one eye bulging out of its socket." Under duress, the chairman of the committee issued a "sorry if you got the impression we were promoting assassination" apology. ABC News: "The Secret Service told ABC News the agency is aware of the incident but offered no further details."

     ... CW: Loudoun County is a D.C. bedroom community; this is not someplace out in them thar hills where the GOP can pretend those innocent rubes just don't know any better. This is what "sophisticated" Republicans, many of whom probably work in D.C., think is super-funny: portraying the POTUS as a dead man. Today Rush Limbaugh rent on a rant complaining that the Politico story about sexual harassment allegations against Herman Cain -- a story Cain did not deny -- that "We Should Not be Surprised by the Left's Racist Hit Job on Herman Cain." (Politico, owned by a former Reagan Administration official is hardly "the left," BTW). How odd he didn't demand the resignations of everyone on the Loudoun County GOP committee.

* Where we flat-ass make up stuff to fit right-wing worldview.

News Ledes

New York Times: "Federal officials are escalating an investigation into MF Global, the bankrupt brokerage firm run by Jon S. Corzine, as the search continues for roughly $600 million in missing customer money. The Commodity Futures Trading Commission, which first detected the missing money last week, decided to issue subpoenas to MF Global and demanded that the firm retain any documents that may be related to the investigation, according to people briefed on the situation." Also on the case are the SEC & the FBI, along with "exchanges like the CME Group...." 

New York Times: "Dorothy Rodham, who overcame years of struggle to become a powerful influence on the life and career of her daughter, Hillary Rodham Clinton, the first lady, senator from New York, presidential candidate and now secretary of state, died on Tuesday in Washington. She was 92."

Ha! New York Times: "Bank of America said Tuesday that it was abandoning its plan to charge its customers a $5 fee to use their debit cards, just a month after announcing the new fee. The reversal follows a huge backlash from customers.... The bank listened, but only after other large banks had indicated that they would not impose similar fees. Wells Fargo, JPMorgan Chase, SunTrust and Regions Financial have all pulled back on their plans."

CNN: "Occupy Wall Street activists plan to amass in Iowa one week before the Iowa caucuses -- up to the day they're held on Jan. 3...."

New York Times: "Israel said on Tuesday that it would accelerate the construction of 2,000 housing units in contested areas of East Jerusalem and in two West Bank settlements. The announcement came a day after the Palestinians won full membership in Unesco in the face of staunch Israeli and American opposition."

... AP: "A ... proclamation President Obama was signing Tuesday [at 1:45 pm ET] will designate Fort Monroe as a national monument, saving it from major development and preserving its history for generations. The fort and the land it occupies are historically significant because it was where Dutch traders first brought enslaved Africans in 1619. It remained in Union possession during the Civil War and became a place where escaped slaves could find refuge. It's also where Confederate President Jefferson Davis was once imprisoned following the Civil War."

New York Times: "European markets slid dramatically on Tuesday after Prime Minister George A. Papandreou stunned other European leaders with a surprise announcement late Monday that his government would hold a referendum on a new aid package for Greece. The proposed ballot will put Greek austerity measures — and potentially membership in the euro zone — to a popular vote for the first time...." ...

     ... Updated Lede: "The government of Prime Minister George Papandreou teetered of the verge of collapse on Tuesday, threatening Greece’s adherence to the terms of a new deal with its foreign lenders and plunging Europe into a fresh bout of financial turmoil."

Daily Beast: "Despite the demands of an embattled presidency and a sluggish economy, President Obama emerged from his latest physical exam on Monday in strikingly good health."

Guardian: "The bishop of London has broken ranks with the City of London Corporation over planned legal action to evict the tented encampment outside St Paul's Cathedral in London. Dr Richard Chartres is expected to urge the chapter of St Paul's – which has been hit in the past week by the resignation of two senior officials – to dissociate itself from the legal action to expel the protesters.... The protesters will be given an ultimatum on Tuesday: remove your tents in two days or face court action. The City of London Corporation is expected to serve legal papers on them the day after it warned them to remove their tents from land it owns around the cathedral. The home secretary, Theresa May, gave the authorities her full support on Tuesday morning."

AP: "The new business plan for California's high-speed rail system shows the nation's most ambitious state rail project could cost nearly $100 billion in inflation-adjusted funding over a 20-year construction period, according to a draft copy of the plan shared with The Associated Press. But the plan also says the system would be profitable even at the lowest ridership estimates and wouldn't require public operating subsidies."

Guardian: "The state of Nebraska will open a special session of the legislature on Tuesday afternoon in a last-gasp effort to stop or re-route the controversial Keystone XL pipeline project. The pipeline, meant to carry crude from the tar sands of Alberta, Canada, to the refineries of Texas, has become a political liability for Barack Obama. He's been heckled during party fundraisers, and faces a big demonstration at the White House on 6 November." The Omaha World-Herald story is here.

New York Times: Facing serious financial trouble in a weak economy, Cooper Union, the New York City college founded in 1859 to provide free education for the working class, may begin charging undergraduate tuition for the first time in more than a century, its president said Monday."

AP: "New York City has agreed to pay $70 million to settle a federal lawsuit that accused it of overbilling Medicaid for millions of dollars in reimbursements for personal care services. The city acknowledged it had re-authorized the services for certain patients without obtaining the required assessment from a physician, nurse or social worker. It also admitted it didn't get a medical review in some cases."

Sunday
Oct302011

The Commentariat -- October 31

... The Great Jack O'Lantern Blaze 2011: 4,000 pumpkins, more than 1,000 volunteers and 14 artists working at the Van Cortlandt Manor in the Hudson Valley created a mighty impressive art installation which you can visit through November 6. More fabulous photos here. More info here. Thanks to Doug R. for the link.

"Weaponized Keynesians." Paul Krugman: Republicans know government spending creates jobs; they say so every time there's a chance military spending will be cut; they just don't want you "to know what they know, because that would hurt their larger agenda — keeping regulation and taxes on the wealthy at bay." ...

... I have a comments page on Krugman on Off Times Square.

John Burns of the New York Times: "In a city where demonstrations of every kind are part of the daily syncopation, there has rarely been any with quite the same potential for amplifying the protesters’ cause as the one that has settled in recently on the historic forecourt of St. Paul’s Cathedral, setting off a painful crisis of conscience for the Church of England.... With bishops squaring off against bishops, priests against priests, and the church hierarchy in disarray over whether to take steps to force the dismantling of the camp — not to mention Prime Minister David Cameron’s parachuting into the debate from 10,000 miles away in Australia, where he has attending a Commonwealth summit meeting — the St. Paul’s story has been front-page news and a feast for the television newscasts."

"Judges for Sale." Adam Cohen of Time: "A blistering new report details how big business and corporate lobbyists are pouring money into state judicial elections across the country and packing the courts with judges who put special interests ahead of the public interest.... These super spenders are the usual suspects: mainly big business, corporate lobbyists, and trial lawyers. Also high on the list: a disturbing category called 'unknown.' In many states, disclosure laws are so weak that special interests can buy judicial elections without the public even finding out.... We are getting courts that are filled with judges whose first loyalty is not to justice – or to the general public – but to insurance companies, big business and other special interests." You can read the report, written by three respected judicial watchdog groups, here. ...

... Justice, Sold. Adele Stan of AlterNet: when the Senate Judiciary Committee grilled Supreme Court nominee Judge Clarence Thomas, a group called Citizens United came to his rescue, & in tandem with another right-wing group ran ads against the Judiciary Committee Chair Joe Biden & two other Democratic committee members. Years later, as we know too well, Clarence Thomas & Co. came to the rescue of Citizens United in "a case whose outcome is commonly described as having opened the floodgates of corporate money into the nation's election system." And there's much more. "At a time when Americans' faith in their institutions of governance is at record lows, the continuing presence of Clarence Thomas on the Supreme Court undermines the very underpinnings of democracy. It's time for him to go." Thanks to a reader for the link.

CW: As linked in today's Ledes, Jon Corzine's investment firm filed for bankruptcy. According to Reuters, the cause was Corzine's made bad bets on European sovereign debt. That said, what alarmed me was this note from Ben Smith, commenting on the Corzine failure: "Jon Corzine has been a top Obama bundler and a top prospect to serve as Secretary of the Treasury in the second term, or in some top economic job before then." Really? Jon Corzine? His last private sector gig was as CEO of Goldman Sachs! Ir this is true -- and I don't know that it is -- and this is what a second Obama Administration is going to look like, then those who argue that it doesn't matter which political party is in power are closer to right than I realized.

In case you read the Washington Post's lead story by Lori Montgomery (which I had not previously linked because a two-second scan suggested to me it was a warmed-over Halloween story), the gist of which was "Oh, no! Social Security is broke! We have to cut it now!" go back and unread it. Dean Baker rips it to shreds: "News outlets generally like to claim a separation between their editorial pages and their news pages. The Washington Post has long ignored this distinction in pursuing its agenda for cutting Social Security, however it took a big step further in tearing down this barrier with a lead front page story that would have been excluded from most opinion pages because of all the inaccuracies it contained." Baker goes on to list the inaccuracies. ...

... Paul Krugman, in a post titled, "Social Security Bait & Switch...," explains two ways to look at Social Security, two ways that cannot be "combined," as Montgomery does. ...

... CW: Citing Baker & Krugman, I wrote a note to the corrections editor at the Post & suggested the paper just print a big ole "Never Mind" on the story. I'm pretty sure they'll have a huge retraction splattered across the top of the front page any day now. ...

... Ted Mann of The Atlantic: "The case that the paper deliberately misconstrues the facts is an incomplete one — and can't be going over well with The Post. But the overall lack of clarity and understanding about one of the nation's most cherished social programs is alarmingly persistent, especially in what is supposed to be an era of budget and deficit hawks." ...

... BUT as Digby points out, the Montgomery article must be music to the ears of those 100 members of Congress who want the deficit reduction supercommittee to go big. Hey, let's whack Social Security benefits because Social Security is in the red! "Right now Occupy Wall Street is focused on the malefactors of great wealth. But there are other issues that are quite urgent and this Super Committee nonsense is one of them. I don't know if there's any way of stopping this train, and I suspect our greatest friend right now is partisan gridlock."

Monica Davey of the New York Times: "With a federal decision anticipated soon on whether an oil pipeline will be allowed to run from Canada through the nation’s midsection, lawmakers in Nebraska are being summoned on Tuesday to an unexpected legislative session over the issue, which has stirred up a level of rancor that few had predicted." A week-old Omaha World-Herald story is here, with video.

Raymond Hernandez of the New York Times: "Clyde Williams, a former adviser to President Bill Clinton and a leading Democratic strategist with ties to President Obama, is laying the groundwork for a possible race against the 80-year-old [Charles] Rangel [NY], a Democratic Party elder who has represented his district in Harlem for half of his life."

** Novelist Mona Simpson eulogizes her brother Steve Jobs.

Right Wing World

E. J. Dionne: Paul Ryan's (R-Wisc.) speech last week at the Heritage Foundation is evidence the GOP is "worried that it is losing control of the political narrative.... Ryan offered the classic defense of inequality, arguing that what really matters is upward mobility, and that the United States has more of it than those horrible welfare states in Europe.... The only problem is that upward mobility has declined as inequality has grown, and social mobility is now higher in Europe than it is in the United States.... All of this explains why efforts to taint Occupy Wall Street as nothing more than a bunch of latter-day hippie radicals haven’t worked. It’s also why Obama, by sharpening his arguments about what’s fair and what’s unfair, has finally stopped his slide in the polls."

You Absolutely, Positively Knew This Was Coming. Jonathan Martin, et al., of Politico: "EXCLUSIVE! Two Women Accused Cain of Inappropriate Behavior. The women complained of sexually suggestive behavior by [Republican presidential candidate Herman] Cain that made them angry and uncomfortable, the sources said, and they signed agreements with the restaurant group that gave them financial payouts to leave the association. The agreements also included language that bars the women from talking about their departures. During Herman Cain’s tenure as the head of the National Restaurant Association in the 1990s, at least two female employees complained to colleagues and senior association officials about inappropriate behavior by Cain, ultimately leaving their jobs at the trade group, multiple sources confirm to Politico." ...

... AND You Knew This Was Sure to Follow. Nia-Malika Henderson of the Washington Post: "The presidential campaign of Republican Herman Cain is pushing back against allegations that he engaged in inappropriate behavior with at least two women when he was head of the National Restaurant Association.... A spokesman for the candidate denied that anything inappropriate happened and said that the matter was resolved more than a dozen years ago." ...

      ... Howard Kurtz of the Daily Beast: "Despite [Cain's spokesperson J. D.] Gordon’s characterization of the 'political trade press' assailing his boss, what is at issue here is a single report in Politico — one whose allegations Cain has declined to flatly deny." ...

      ... CW: to try to clear that up, what the Cain camp is denying is that Cain did anything "inappropriate"; it is not denying that the women brought the charges. ...

     ... Eric Wempel of the Washington Post on the Cain denial confirmation of the story. Wempel provides a sort of short course on how the nondenial denial works. CW: I should add that the reason the women didn't come forward and allow their names to be used was that, according to the Politico story, they signed confidentiality agreements as part of their settlements, which is SOP. Herman Cain is finding out what it's like to be the frontrunner for a presidential nomination -- and why some other possible candidates choose not to run this particular gauntlet. ...

... Here are the varying Cain & Cain camp responses to the Politico story (Note: does not include Update 2 below, which is a still newer version of the attempted coverup):

     ... Update 1. THIS Is Damage Control? Jonathan Martin of Politico: "Herman Cain said in his speech today that the National Restaurant Association’s general counsel and the human resources department conducted an investigation into allegations about his conduct in the late-90s. But the head of the association’s human resources department at the time said in an interview with POLITICO last week that she was unfamiliar with any complaints from female employees about Cain." Mary Ose, the former human resources officer, denied Cain's latest version of events.

     ... Update 2. THIS Is Damage Control? Maggie Haberman of Politico: "Earlier in the day, Herman Cain explicitly denied knowledge of any settlement or financial payout related to allegations of sexual harassment, telling Fox News: ''At the Restaurant Association -– outside of the Restaurant Association, absolutely not. If the Restaurant Association did a settlement I wasn’t even aware of it and I hope it wasn’t for much because nothing happened. So if there was a settlement it was handled by some of the other officers who worked for me at the time.' But just a few hours later, in an interview with the cable network's Greta Van Susteren, he recalled specific details about the allegations and one of the two settlements first reported by POLITICO."

... Judd Legum of Think Progress: "Today on Face The Nation, GOP presidential hopeful Herman Cain claimed that Planned Parenthood wants to 'kill black babies' and is part of an organized effort to commit 'genocide' against the black community.... Politifact previously evaluated Cain’s claim that Planned Parenthood was created to 'kill black babies' and deemed it 'a ridiculous, cynical play of the race card.' With video. ...

... Daniel Bice of the Milwaukee Journal Sentinel: "Herman Cain's two top campaign aides ran a private Wisconsin-based corporation that helped the GOP presidential candidate get his fledgling campaign off the ground by originally footing the bill for tens of thousands of dollars in expenses for such items as iPads, chartered flights and travel ... something that might breach federal tax and campaign law, according to sources and documents.... Prosperity USA was owned and run by Wisconsin political operatives Mark Block and Linda Hansen, Cain's current chief of staff and deputy chief of staff, respectively." Yes, yes, that's the same smokin' Mark Block of the weird Cain campaign ad, & the same Mark Block who paid a $15,000 fine & got run out of politics for three years because of -- election law violations."

Just for fun, David Sessions of the Daily Beast does a replay of Bachmann's Greatest Whoppers. CW: What Sessions doesn't mention is that Bachmann doubled down on some of these claims after various news outlets pointed out they were nonsense. I'm not sure she knows yet that John Adams, a founding father & the second POTUS, is not the same guy as his son John Quincy Adams, the 6th POTUS. You may feel confident in applying the pants-on-fire award above to Our Mizz Bachmann, too.

... Really, Rick? 2.5 Million Jobs? Big Whup. Nia-Malika Henderson of the Washington Post: "Given the magnitude of the problem, Perry’s promise of creating at least 2.5 million jobs ... over a four-year term, would only put a dent in the jobless rate." ...

... Really, Rick? We Get Our Oil from "Countries that Hate Us"? Glenn Kessler of the Washington Post: "As governor of Texas, Perry should know better than to pretend that the United States gets its oil from countries that hate it. In fact, the oil comes from our allies.... So this is a highly misleading line to insert in a television advertisement."

News Ledes

New York Times: "In a surprise move that jolted Europe and put his political future in play, Prime Minister George A. Papandreou announced Monday that his government would hold a referendum on a new aid package for Greece, putting austerity measures — and potentially membership in the euro zone — to a popular vote for the first time."

... President Obama signed an executive order to reduce drug shortages early afternoon. AP: "Acting once again ahead of Congress, President Barack Obama is directing the Food and Drug Administration to take steps to reduce drug shortages, an escalating problem that has placed patients at risk and raised the possibility of price gouging."

President Obama met with former British PM Tony Blair this morning.

AP: "Thousands of schoolchildren around the Northeast had one of the earliest snow days in memory Monday after a storm dumped as much as 30 inches of wet, heavy snow that snapped trees and power lines, caused widespread power failures and threatened to disrupt Halloween trick-or-treating. Communities from Maryland to Maine that suffered through a tough winter last year followed by a series of floods and storms went into now-familiar emergency mode as shelters opened, inaccessible roads closed, regional transit was suspended or delayed, and local leaders urged caution." New York Times story here.

Reuters: "The United Nations' cultural agency will decide later on Monday whether to give the Palestinians full membership of the body, a vote that could boost their bid for recognition as a state at the United Nations. UNESCO is the first U.N. agency the Palestinians have sought to join as a full member since President Mahmoud Abbas applied for full membership of the United Nations on September 23. Washington has vowed to veto full U.N. membership for the Palestinians in the U.N. Security Council and could cut funding to UNESCO if it votes to make them full members." ...

     ... New York Times Update: "Unesco defied Washington’s threat of an American funding cutoff on Monday and approved a Palestinian bid for full membership by a vote of 107 to 14, with 52 abstentions."

New York Times:  "Shares in MF Global Holdings [a firm run by former Sen. & New Jersey Gov. Jon Corzine] were halted for trading early on Monday, as the brokerage prepared to file for bankruptcy protection and sell some of its assets to the Interactive Brokers Group, according to people briefed on the matter. The Federal Reserve Bank of New York said in a statement that it had suspended doing any business with MF Global until the firm 'is fully capable of discharging the responsibilities set out in the New York Fed’s policy.' MF Global is a primary dealer, meaning that it is one of 22 firms allowed to trade directly with the Fed and make a market in securities like Treasury notes." ...

     ... Update: "Federal regulators have discovered that hundreds of millions of dollars in customer money has gone missing from MF Global in recent days, prompting an investigation into the brokerage firm, which is run by Jon S. Corzine.... The recognition that money was missing scuttled at the 11th hour an agreement to sell a major part of MF Global to a rival brokerage firm. MF Global ... filed for bankruptcy on Monday. Regulators are examining whether MF Global diverted some customer funds to support its own trades as the firm teetered on the brink of collapse."

Reuters: "Beacon Power Corp filed for bankruptcy on Sunday, just a year after the energy storage company received a $43 million loan guarantee from a controversial Department of Energy program."

AP: The "7 billioneth baby" is born in Manila, the Philippines -- and elsewhere.