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Omnipotent Poobah

When 'Activist' Judges are a Good Thing - 1 views

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    Justice Samuel Alito silently mouthed off after Barack Obama called the Supremes out on their decision that corporations are allowed to spend freely on campaigns. As slights go it was a tepid thing. However, what he mouthed is nowhere near as important as the actions he took.
thinkahol *

Democratic Congresswoman Shot in Assassination Attempt - 0 views

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    Tuscon, Arizona - Rep. Gabrielle Giffords of Arizona was shot in the head Saturday when an assailant opened fire outside a grocery store during a meeting with constituents, killing a 9-year-old boy and a federal judge and wounding several others in a rampage that rattled the nation.
thinkahol *

Why Isn't Wall Street in Jail? - 0 views

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    Which is not to say that the Obama era has meant an end to law enforcement. On the contrary: In the past few years, the administration has allocated massive amounts of federal resources to catching wrongdoers - of a certain type. Last year, the government deported 393,000 people, at a cost of $5 billion. Since 2007, felony immigration prosecutions along the Mexican border have surged 77 percent; nonfelony prosecutions by 259 percent. In Ohio last month, a single mother was caught lying about where she lived to put her kids into a better school district; the judge in the case tried to sentence her to 10 days in jail for fraud, declaring that letting her go free would "demean the seriousness" of the offenses. So there you have it. Illegal immigrants: 393,000. Lying moms: one. Bankers: zero. The math makes sense only because the politics are so obvious. You want to win elections, you bang on the jailable class. You build prisons and fill them with people for selling dime bags and stealing CD players. But for stealing a billion dollars? For fraud that puts a million people into foreclosure? Pass. It's not a crime. Prison is too harsh. Get them to say they're sorry, and move on. Oh, wait - let's not even make them say they're sorry. That's too mean; let's just give them a piece of paper with a government stamp on it, officially clearing them of the need to apologize, and make them pay a fine instead. But don't make them pay it out of their own pockets, and don't ask them to give back the money they stole. In fact, let them profit from their collective crimes, to the tune of a record $135 billion in pay and benefits last year. What's next? Taxpayer-funded massages for every Wall Street executive guilty of fraud?
thinkahol *

U.S. Chamber To Rank Politicians On Whether They Vote To Keep Contractor Donations Secr... - 0 views

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    The U.S. Chamber of Commerce has written a letter to members of the House telling them that voting for federal contractors to be more transparent about their political spending will negatively impact their legislative scorecard. "The U.S. Chamber of Commerce strongly supports legislative proposals to ensure that political spending -- or the lack thereof -- continues to play no role in federal contracting decisions," the Chamber's R. Bruce Josten wrote in the letter sent on Wednesday. "Therefore, the Chamber supports amendments that have been offered by Rep. Cole to several Fiscal Year 2012 appropriations bills considered by the full House, and any similar amendments should they be offered to the remaining FY 2012 appropriations bills," he wrote. Meanwhile, more than sixty members of the House signed a letter sent to the White House by Rep. Anna G. Eshoo (D-CA) which expressed strong support for a draft executive order which would require companies that get taxpayer dollars to disclose their political expenditures. Disclosure, the letter says, "will not politicize the procurement process -- it will improve it." "Political expenditures are already well-known to those that make them and to the officials who benefit," the letter states. "With disclosure, the public will have access to this information as well, allowing them to judge whether contracts were awarded based on merit. A meritorious procurement system is the only responsible use of taxpayer money, making this a deficit reduction effort as much as a campaign finance reform issue." Both the Chamber and House Republicans have argued that the proposed executive order -- first leaked in April -- is a plot by the Obama administration to silence political opponents. Supporters of the measure have said the executive order -- by bringing donations out into the open -- would actually discourage federal contracting officials from doing favors for contractors based on their donations to third-party political groups
thinkahol *

Look Out, Here Comes the 'Feral Underclass' - 0 views

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    Why this absence of political ambition? What explains the rioters' genuflection at the altar of "crude materialist, market-driven hedonism"? To zone in on the answer, we need to step back and remind ourselves how strikingly unequal distributions of income and wealth impact how we interact with "things." In relatively equal nations, societies where minor differences in income and wealth separate social classes, people typically do not obsess over "things," the baubles of modern life. The reason? If nearly everyone can afford much the same things, things overall tend to lose their significance. People in more equal societies will be more likely to judge you by who you are than what you own. The reverse, obviously, also holds true. "As inequality worsens," as Boston College economist Juliet Schor has explained, "the status game tends to intensify." The wider that gaps in income and wealth go, the greater the differences in the things that different classes can afford. In markedly unequal societies, things take on ever greater significance. They signal who has succeeded and who has not. In London, the developed world's most unequal city, these signals may dominate daily life as ferociously as anywhere else on Earth. Their incessant repetition drowns out the socially cohesive signals that people see and hear and feel in more equal societies, the sense that "we're all in this together." "Let this week be a wake up call," London's Compass think tank observed right after the heaviest rioting. "There is more to clean up than broken shop windows."
thinkahol *

America at Stall Speed? - Mohamed A. El-Erian - Project Syndicate - 0 views

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    Judging from the skittishness of both markets and "consensus expectations," the United States' economic prospects are confusing. One day, the country is on the brink of a double-dip recession; the next, it is on the verge of a turbo-charged recovery, powered by resilient consumers and US multinationals starting to deploy, at long last, their massive cash reserves. In the process, markets take investors on a wild rollercoaster ride, with the European crisis (riddled with even more confusion and volatility) serving to aggravate their queasiness. This situation is both understandable and increasingly unsettling for America's well-being and that of the global economy. It reflects the impact of fundamental (and historic) economic and financial re-alignments, insufficient policy responses, and system-wide rigidities that frustrate structural change. As a result, there are now legitimate questions about the underlying functioning of the US economy and, therefore, its evolution in the months and years ahead.
Levy Rivers

The McCain/Palin Debate Spin: We Won Because She Wasn't a Dithering Idiot - 0 views

  • What Gertrude Stein said about her hometown Oakland could also be said of Sarah Palin. "There is no there, there." Sarah Palin is simply without substance.
  • She even tried to humanize her image, saying that despite her views against same sex marriage she didn't judge people and had a diverse group of friends. However, when moderator Gwen Ifill asked Palin if she was in agreement with Senator Biden, who'd said he was against all forms of discrimination against same sex couples but did not support gay marriage, Palin would only repeat what Biden said about gay marriage. Perhaps because she realized that her key supporters -- the evangelical right wing -- might already be choking on their fried chicken wings because of her attempt to say something pleasant about a group of people they consider an abomination.
    • Levy Rivers
       
      The only point of that made any sense to me was her agreement with Biden on civil union - even through she could never say the words.
Levy Rivers

Plouffe: Palin Choice a 'Transparent Moment' - The Caucus Blog - NYTimes.com - 0 views

  • In an interview here on Tuesday, Mr. Plouffe said voters should instead judge Mr. McCain for what he called an “impulsive” decision to choose Ms. Palin, who has served as governor of Alaska for 20 months. He said Ms. Palin’s governmental record in Alaska is fair game for examination in the final two months of the campaign, but not her family.
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    The term used by Obama's campaign for McCain's selection of a VP is "impulsive" -
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