LTG (ret) Dave Barno and Andrew Exum recently released a CNAS report titled ” Responsible Transition: Securing U.S. Interests in Afghanistan Beyond 2011 .” In this report, the two men outline how the US government should move from a heavy counterinsurgency operation that is led by the US military to a counterterrorism operation that supports an Afghan-led counterinsurgency operation in 2014. I’m not going to get into the report itself, other to say that I’m really not that impressed ( go read Gulliver’s two cents ), and that I’ll probably lean toward Finel’s and Cohen’s take. There are few options left to the United States other than to draw down and let the Afghans take over security operations, unless there is a desire by the Repub politicians to dramatically increase US forces and funding in that conflict (since I have no faith in the Dems doing anything positive or negative here). Interestingly, Mr. Exum has returned from the faraway land of Afghanistan lately and brings back good news and bad news. The good news is that our military intel services are crackerjacks and doing great things. Counterinsurgency is going just swell at the tactical levels, at least. And the special forces guys are working well with the general purpose forces. Always a good thing. The bad news is that we still don’t have an Afghani government that can rule the provinces with any degree of confidence and the Pakistani government still lets the Taliban do pretty much whatever they want. Our government doesn’t really focus on this aspect of Afghani “governance”, and we’re probably going to lose international support as well as that of the Afghani government. Other than that, Mrs. Lincoln, how did you like the play? There was this story about how Karzai appointed a buddy for a governance position, but in 2005, the British military found that he had a little 9-ton heroin problem in his basement . He’s gone, but very vocal about how he was framed. And now Karzai thinks the US government is the enemy , not his friend (more mad ranting for public consumption?). There’s no indication that Pakistan is addressing its inherent challenges with the Taliban . I still don’t see why anyone would think that there are serious national security interests in
Continue reading …(D-PA) Rep. Patrick Murphy’s standalone bill to repeal “Don’t Ask Don’t Tell” is getting a vote: Last May, the House overwhelmingly passed an amendment by Rep. Patrick Murphy (D-PA) to the National Defense Authorization Act for FY 2011 (HR 5136) to repeal ‘Don’t Ask, Don’t Tell’ and has been waiting for the Senate to act. Last week, the Senate failed to move forward on the Defense Authorization bill with the repeal language and as a result, Senators Lieberman and Collins introduced standalone bipartisan legislation to repeal the policy. On the news of a standalone effort last week, Speaker Pelosi responded , “an army of allies stands ready in the House to pass a standalone repeal of the discriminatory policy.” Today, Rep. Patrick Murphy introduced a standalone bill (H.R. 6520) providing for the repeal of ‘Don’t Ask, Don’t Tell’ policy saying: The time to repeal Don’t Ask, Don’t Tell has come. Already, two dozen other nations, including Israel and Great Britain, allow their troops to serve openly with no detriment to unit cohesion. As an Army veteran of the Iraq War, I’m insulted by those who claim that our troops are somehow less professional or mission-capable than the troops of these foreign nations. I’m proud to stand with the Secretary of Defense, the Chairman of the Joint Chiefs of Staff, and the majority of servicemembers and the American public who all support repeal of this discriminatory policy that harms our national security and military readiness. Leader Hoyer joined the bill as the lead co-sponsor… read on The homophobes may win out in the end, but at least there’s some fight left. If Lieberman and Collins are serious then there’s still a chance: In the wake of the death of the legislation that would have put an end to Don’t Ask Don’t Tell in the military, Sen Joe Lieberman, D – CT., and Susan Collins, R – ME., are putting together a stand-alone measure to address the discriminating military policy, and majority leader Sen. Harry Reif, D – NV., has promised to get it to the floor for a vote during this session of Congress. Lieberman tweeted moments ago, “Senator Reid told me he will bring our free-standing DADT repeal up for a vote before end of session. … he will ‘Rule 14′ the free-standing DADT repeal so it skips cmte (committee) and can come directly to the Senate floor.” UPDATE : DADT rule passed 232-180 and now it’s on to debate. Also, new polling from the ABC/WaPo once again proves that Americans are in favor of repealing DADT: Today’s Washington Post/ABC News poll is the latest example of strong support by Americans for a repeal of ‘Don’t Ask, Don’t Tell.’ From the poll : By a 56-point margin, nearly 8 in 10 Americans say that gays and lesbians who publicly disclose their sexual orientation should be allowed to serve in the military (77 percent — 21 percent). The findings from this poll mirror earlier data reflecting broad support for repeal— as the Washington Post writes : That’s little changed from polls over the two years, but represents the highest level of support in a Post-ABC poll. The support also cuts across partisan and ideological lines, with majorities of Democrats, Republicans, independents, liberals, con servatives and white evangelical Protestants in favor of homosexuals’ serving openly.
Continue reading …While NBC on Tuesday focused on the “funny” and “intelligent” side of WikiLeaks founder Julian Assange, Nightline's Brian Ross conducted a tough, hard-hitting investigation into the questionable finances of the man attacked by colleagues
Continue reading …As expected, the Senate passed the much discussed Tax Cut deal with overwhelming support, 81-19. The Senate on Wednesday approved a sweeping tax package negotiated by the White House and congressional Republicans, and House leaders – who were looking to amend the measure in a way that would satisfy liberals without unraveling the deal altogether – said a House vote could follow as soon as Thursday. The Senate’s approval of the bill came after three amendments were decisively rejected. One, sponsored by Sen. Jim DeMint (R-S.C.), would have permanently extended all of the Bush tax cuts. Another, introduced by Sen. Bernard Sanders (I-Vt.), would have excluded the wealthiest 2 percent of Americans from the tax-cut extension…. read on .
Continue reading …enlarge Credit: Economic Policy Institute Move over, welfare queens, IRS agents and trial lawyers. The Republican Party has a new bogeyman: the public employee . With a sluggish U.S. economy, cash-strapped states and under-funded pension programs, Tim Pawlenty , Sarah Palin and other leading lights of the GOP are scape-goating government workers and their unions for the nation’s woes. Of course, there’s only one problem with Rush Limbaugh’s claim that public sector employees are “freeloaders” and the charge from Indiana Governor and GOP White House hopeful Mitch Daniels that they are a “new privileged class in America.” Like so much other conservative mythmaking, it’s simply not true . But that didn’t stop outgoing Minnesota Governor and 2012 Republican presidential contender Tim Pawlenty this week from pretending otherwise. In a Monday Wall Street Journal op-ed titled ” Government Unions vs. Taxpayers ,” Governor Pawlenty echoed half-term Governor Sarah Palin by targeting “unionized public employees [who] are making more money, receiving more generous benefits, and enjoying greater job security than the working families forced to pay for it with ever-higher taxes, deficits and debt.” How did this happen? Very quietly. The rise of government unions has been like a silent coup, an inside job engineered by self-interested politicians and fueled by campaign contributions. Pawlenty repeated his charge to Fox News on Monday: “You have public employees making more than their private-sector counterparts. They used to be under-benefited and underpaid. Now they’re both over-benefited and overpaid…it needs to stop.” Sadly for would-be President Pawlenty, the charge – whether at the federal, state or local level – is false. That’s the conclusion of a recent study by the Economic Policy Institute . Just one of many recent analyses debunking Republican charges about government workers and their unions, EPI found that “on average, state and local government workers are compensated 3.75% less than workers in the private sector.” (See the table above for details.) The report by Labor and Employment Relations Professor Jeffrey Keefe of Rutgers University revealed that public employees are undercompensated compared to similarly skilled private sector counterparts: The study analyzes workers with similar human capital. It controls for education, experience, hours of work, organizational size, gender, race, ethnicity and disability and finds that, compared to workers in the private sector, state government employees are undercompensated by 7.55% and local government employees are undercompensated by 1.84%. The study also finds that the benefits that state and local government workers receive do not offset the lower wages they are paid. The public/private earnings differential is greatest for doctors, lawyers and professional employees, the study finds. High school-educated public workers, on the other hand, are more highly compensated than private sector employees, because the public sector sets a floor on compensation. The earnings floor has collapsed in the private sector. Those findings echoed the results of another new study of the public worker wage penalty in New England . That joint research by the Center for Economic and Policy Research (CEPR) and the Political Economy Research Institute of the University of Massachusetts upended tired union-bashing claims from the likes of Chris Christie (“There are “two classes of people in New Jersey: Public employees who receive rich benefits, and those who pay for them”) and Mitt Romney (“Average government workers are now making $30,000 a year more than the average private-sector worker”): In this study, “The Wage Penalty for State and Local Government Employees in New England,” PERI’s Jeffrey Thompson and John Schmitt of the Center for Economic Policy Research demonstrate that in New England the reality is the opposite. While the average state or local government worker does earn higher wages than in the private sector, this is because they are, on average, older and substantially better educated. In reality, there is a wage penalty for public workers in New England of close to 3%. To be sure, the attack on public employees heated up this summer, when Republicans in Congress pulled out all the stops to block a new federal aid package to state and local governments. Despite studies showing that cash-strapped states could shed as many as 900,000 teachers, policemen, firefighters and other workers, the Senate Republican Policy Committee insisted: “No state bailouts should be contemplated until the wages and pensions of public sector employees are brought into line.” As the United Steelworkers’ Fred Redmond wrote in The Hill in August: The National Institute for Retirement Security (NIRS) and the Council on State and Local Government Excellence (COS & LGE) released a jointly-funded study on this topic just as the Republican sound machine revved up this spring. On the facts, they found that every one of the Republican assertions is false. Analyzing data from the U.S. Government’s National Compensation Survey, their economists found that when factors such as education and work experience are taken into account, state and local employees earn less than their counterparts in the private sector. To be exact, state employees earn 11 percent less than comparable private sector workers. Employees of city and county governments earn 12 percent less than their private sector counterparts. Pensions and health insurance coverage make up a slightly greater share of public employees’ overall compensation than those benefits do for private sector employees, but when those costs are included, state and local employees still wind up with less total compensation – 6.8 and 7.4 per cent less, respectively. Still, Republican leaders have extra ammunition – and talking points – for federal employees . Consider, for example, the “2 to 1″ claim now dominating the U.S media: “The average federal employee makes $120,000 a year. The average private employee makes $60,000 a year.” ( Rand Paul ) “It’s gotten to a point where the average federal worker makes twice as much as the average private sector worker.” ( John Boehner ) “Federal employees receive an average of $123,049 annually in pay and benefits, twice the average of the private sector.” ( Tim Pawlenty ) But as with state and local governments, this line of attack is an apples-to-oranges comparison at best and an outright deception at worst. As FactCheck pointed out: The analysis is based on data from the Bureau of Economic Analysis and crudely done by dividing total compensation (salary and benefits) by the number of current federal civilian employees. Comparing such averages is quite misleading, for two reasons: First, BEA says the figure is inflated by including compensation that is actually paid to benefit retirees, not just for current workers. The figure is at least several thousand dollars too high, by our calculations. Second, the average federal civilian worker is better educated, more experienced and more likely to have management or professional responsibilities than the average private worker. Over 44% of federal employees have a college degree, compared to about 19% of private sector workers. More importantly, an assessment of salaries (excluding benefits) by the Office of Personnel Management found that on average comparable federal civilian workers are paid 22 percent less than private workers . The disparities, even including incentive pay, are even greater in some metropolitan areas: (It is worth noting, as FactCheck does, that there are limitations to the OPM data. Not only are benefits not included, but the benchmarking methodology makes direct public/private section comparisons difficult.) It is true that since 2000, the pay of federal employees has risen faster than their private sector counterparts. (Then again, American average household income sank durng the Bush years.) There is also little doubt, as Pawlenty and Palin each point out, that states and localities face a crisis in meeting their future pension benefit obligations . But as Dean Baker of CEPR noted, many public employees don’t get Social Security, adding “most public sector pensions do not provide retirees with an especially high standard of living.” That public employees find themselves in the GOP’s crosshairs has less to do with their compensation than being what Sarah Palin decried as “union thugs.” As Jonathan Cohn of the New Republic pointed out, “Unions represent around 37 percent of public sector workers, compared to 7 percent of private sector workers.” (Left unsaid? They vote Democratic.) He then got to the heart of the matter: “But ask yourself the same question you should have been asking then: To what extent is the problem that the retirement benefits for unionized public sector workers have become too generous? And to what extent is the problem that retirement benefits for everybody else have become too stingy? I would suggest it’s more the latter than the former.” While Tim Pawlenty praised President Obama’s proposed pay freeze for federal employees as “a step in the right direction,” right now Republicans have bigger fish to fry. At a time of record income inequality , rising poverty and massive budget deficits , the GOP is focused on its $700 billion, 10-year tax cut windfall for the wealthy . Meanwhile, state and local governments continue to shed tens of thousands workers. As for those public servants still at work around the nation, they are, in the words of Rush Limbaugh , “a bunch of leftist, socialists, neo-communist union people asking their brothers in government to raise taxes.” No, they’re just the Republicans’ latest scapegoats. Scapegoats, it turns out, who get paid less, not more, than their private sector neighbors doing the same work. (This piece also appears at Perrspectives .)
Continue reading …For the second time in less than a week, the Fox News Washington managing editor has been caught trying to “slant” the news. In an e-mail obtained by Media Matters , Bill Sammon told his staff to downplay the importance of climate science that showed the world was getting warmer. “Given the controversy over the veracity of climate change data… we should refrain from asserting that the planet has warmed (or cooled) in any given period without IMMEDIATELY pointing out that such theories are based upon data that critics have called into question,” Sammon wrote. Sammon issued the instructions less than 15 minutes after Fox News correspondent Wendell Goler noted that the United Nations’ World Meteorological Organization announced that 2000-2009 was “on track to be the warmest [decade] on record.” “2000 to 2009 [is] expected to turn out to be the warmest decade on record,” Goler reported during the 2009 Copenhagen climate change summit. “2009 itself was about the fifth warmest year. There was extreme drought in Africa, extreme heat in India and northern China.” “But it’s the decade trend that has scientists concerned because 2000 to 2009 [is] warmer than the 1990s, warmer than the 1980s,” he said. Only last week, Media Matters published another e-mail where Sammon asked his news department to refer to the health care reform public option as the “government run option.” Sammon sent the request after Republican pollster Frank Luntz said that polls showed the “government option” was opposed by the public. According to the report at Media Matters , in August of 2009 after Fox News’ Sean Hannity used the term “public option,” Luntz encouraged him to say “government option” instead. “If you call it a ‘public option,’ the American people are split,” Luntz said. “If you call it the ‘government option,’ the public is overwhelmingly against it.” In October, sources told Media Matters that since joining Fox News, Sammon’s pressure to “distort” and “slant news” had made some in the newsroom uncomfortable. “Since Bill Sammon assumed the role of Washington managing editor and vice president of news at the beginning of the Obama Administration, pressure from Fox management to produce stories that lean toward a conservative agenda, and distort news in some cases, has found its way into coverage,” the sources said. The text of Sammon’s email follows: From: Sammon, Bill To: 169 -SPECIAL REPORT; 036 -FOX.WHU; 054 -FNSunday; 030 -Root (FoxNews.Com); 050 -Senior Producers; 051 -Producers; 069 -Politics; 005 -Washington Cc: Clemente, Michael; Stack, John; Wallace, Jay; Smith, Sean Sent: Tue Dec 08 12:49:51 2009 Subject: Given the controversy over the veracity of climate change data… …we should refrain from asserting that the planet has warmed (or cooled) in any given period without IMMEDIATELY pointing out that such theories are based upon data that critics have called into question. It is not our place as journalists to assert such notions as facts, especially as this debate intensifies.
Continue reading …Click here to view this media I know there are differing opinions on Julian Assange and WikiLeaks around the blogosphere, but what’s shocking to me is how the media has taken on such a hostile attitude against a man that they should be rallying around and who essentially is the new-age Daniel Ellsberg. There are differences, of course, but the fact that Assange has been targeted by Big Business is shocking. What’s at stake? The freedom of the press, that’s what . Here’s a great piece by Michael Lacy of The Village Voice echoing the same sentiments: WikiLeaks Betrayed by Amazon, Visa, Mastercard — and, Worst of All, the Media (h/t LA Weekly ) The outrageous behavior of Amazon, Visa, Mastercard, and PayPal directed at WikiLeaks represents a much greater threat to America than any of the alleged security breaches from Julian Assange…..Amazon, Visa, Mastercard, and PayPal set themselves up as judges, juries and executioners. And perhaps more troubling is that while the mainstream media happily regurgitated, repurposed and — in the case of The New York Times — reported the context of the released diplomatic cables, they have been noticeably silent as web conglomerates reshaped the First Amendment. Or, as in the case of The Washington Post and The Washington Times , they’ve joined the ninnies calling for Assange’s head. The chief enabler is Barack Obama’s Attorney General, Eric H. Holder who announced that the Justice Department and the Pentagon were in the midst of “an ongoing criminal investigation.” The key word is “investigation.” The Attorney General has yet to charge anyone, let alone bring the case. This is the same Attorney General who has investigated Arizona’s Sheriff Joe Arpaio — the sadistic and brutal jailer who flouts the Constitution in pursuit of Mexicans. The FBI and the Justice Department have had Arpaio under investigation, on a variety of fronts, since 2008. The Sheriff’s jails have been declared “unconstitutional” by the same Justice Department since 1996. Have banks or credit card companies seized Sheriff Arpaio’s home because he is under investigation? Did any internet company deny Sheriffi Arpaio access to his extensive, online marketing empire? No, that has not happened. But, with the patriots in Congress howling, Amazon and the others moved to isolate and strangle WikiLeaks. And the press does not speak out when the single largest document dump in the history of the media results in financial institutions determining when the flow of information will stop? PayPal’s president, Osama Bedler, explained his action by pointing out that the State Department claimed WikiLeaks’ dissemination of cables was illegal in a November 27 letter to Assange. And so they did. And so what? The State Department is not a judicial body. It is part of the Executive branch — and furthermore, they were the target of the revelations. {} “Your rights on the internet are only as strong as the will of companies to let you have it,” observed Hofmann. In such an anarchic environment, is it any wonder that anarchists have responded with the only weapons left? Congressional hearings are now scheduled for this Thursday, December 16. The House Judiciary Committee will not, I predict, worry much about the First Amendment. No good will come to free speech in such a political forum. I expected the State Department to speak out against WikiLeaks, but why have the media been so hostile to WikiLeaks and so passive about the people trying to silence his operation without a shred of evidence of him being guilty of a crime? I wonder if they are afraid that either they or their friends might show up in some of these leaked cables in an unfavorable light. Yesterday on MSNBC, Andrea Mitchell was discussing Assange’s bail in the UK and seemed afraid that he might have access to the dreaded “Internet” and destroy the world. Digby: Stephanie Gosk: the Swedish authorities had two hours to challenge this decision and that’s exactly what they’ve done and it has to be heard by Britain’s high court within the next 48 hours and that means that Julian assange will be in jail during that time. If they lose that case, and Julian Assange is granted bail as the magistrate has granted him today, he will be allowed to go but he has to stay at a registered address and one of his supporters, luckily enough, has a 600 acre mansion in southern England and he’s going to be allowed to stay there. He’s not going to be free to run around, he’s going to have electronic surveillance, he has a curfew and he’s already turned in his passport. But it has been a victory today, a small one, he trying to fight that extradition back to Sweden. Andrea Mitchell: He can be on a 600 acre estate with all sorts of electronic monitoring … but can he go on the internet?! … and sexually assault some female avatars and then destroy us all with his x-ray vision and cyber-army?? Run for your lives! The WikiLeaks saga has exposed the vapid stupidity of the celebrity press corps like nothing since the Great Clinton Panty Raid. One thing is very, very clear — they aren’t journalists and don’t even consider themselves journalists. They are celebrity public relations professionals who just aren’t as bright as the real public relations professionals Remember a reporter named Judy Miller? The media came out to support her when she wouldn’t give up her source of the Valerie Plame leak. Her stories were a huge factor in selling the Iraq war to the American public and her motives were questioned in 2003 by Slate: But none of Miller’s wild WMD stories has panned out. From these embarrassing results, we can deduce that either 1) Miller’s sources were right about WMD, and it’s just a matter of time before the United States finds evidence to back them up; 2) Miller’s sources were wrong about WMD, and the United States will never find the evidence; 3) Miller’s sources played her to help stoke a bogus war; or 4) Miller deliberately weighted the evidence she collected to benefit the hawks. It could be that the United States inadvertently overestimated Iraq’s WMD program. For example, the United States might have intercepted communications to Saddam in which his henchmen exaggerated the scale of Iraq’s WMD progress to make him happy. “The country needs to know if the spy organizations were right or wrong,” concludes the Times editorial, a fair and equitable stand. But by the same logic, the country needs to know if Miller and the Times too gullibly advanced the WMD findings of their sources—and if so, why. Later we found out that she was being the useful idiot of the Bush administration in helping lead this country into war with Iraq by printing Bush talking points into her many “news” reports that stoked the flames of fear and disseminated lies — lies the administration wanted the public to believe. And Miller did it so she could have unfettered access, which is power in the news business. As Joseph Palermo writes: In their infamous September 8, 2002, above the fold, front-page story in the New York Times , “U.S. Says Hussein Intensifies Quest for A-Bomb Parts” — the same story that Condoleezza Rice, Donald Rumsfeld, Colin Powell, and Dick Cheney cited in their appearances that Sunday morning on the political talk shows, the reporters Judith Miller and Michael Gordon offered the following tidbits: “Senior administration officials insist that the dimensions, specifications, and numbers of the tubes Iraq sought to buy show that they were intended for the nuclear program.” “Although administration officials say they have no proof that Baghdad possesses the smallpox virus, intelligence sources say they cannot rule that out.” “Still, Mr. Hussein’s dogged insistence on pursuing his nuclear ambitions, along with what defectors described in interviews as Iraq’s push to improve and expand Baghdad’s chemical and biological arsenals, have brought Iraq and the United States to the brink of war.” And who could ever forget the coup de grace? “The first sign of a ‘smoking gun,’ they argue, may be a mushroom cloud.” — Judith Miller should be held accountable for serving as the chief stenographer for George W. Bush’s lies that have produced the horror in Iraq…. At a critical time, Miller was in a unique position of influence in America because of her high perch at the nation’s “paper of record,” her perfectly timed repetition of official lies, and because it was her articles to which Bush, Cheney, and Rice pointed to give their own lies the credibility they needed to reverberate convincingly throughout our political discourse. James Moore also writes a great account of her fraudulent reporting. That Awful Power: How Judy Miller Screwed Us All Do you think she’s the only one who has ever traded in government “management” in exchange for access, which brought journalistic success and power? Are Julian Assange’s leaked cables causing a few journalists to feel queasy at what we might find? Are other reporters toeing the line to defend their brethren? I may be wrong, but it does seem plausible. Let’s face it, the way the media — especially the elite Village pundit corps, who have been busy calling for Assange’s assassination — have reacted over WikiLeaks is the most implausible thing of all.
Continue reading …In honor of Harry Smith leaving the CBS Early Show at the end of the month, along with weatherman Dave Price and already departed co-host Maggie Rodriguez, actor Mark Wahlberg concluded an interview with the morning show host by literally getting on the floor and kissing Smith's feet, declaring “You're the best, ever.”
Continue reading …Mitt Romney’s editorial in USAToday is absurd on many levels, but it’s a shrewd political move for a guy who wants to pull the Tea Party away from Sarah Palin’s grip. Among the more ridiculous things he says: In this, as in so many other arenas of government policy, unemployment insurance has many unintended effects. The indisputable fact is that unemployment benefits, despite a web of regulations, actually serve to discourage some individuals from taking jobs , especially when the benefits extend across years. Let me translate: The unemployed are lazy, on-the-dole idiots who won’t work as janitors at McDonald’s. I refer him to Susie Madrak’s elegant and passionate retort as evidence of how wrong he is. In order to twist his way out of the pickle he’s in, he suggests “individual unemployment savings accounts”. No, really. He does. To remedy such problems we need a very different model, perhaps establishing individual unemployment savings accounts over which employees would exercise direct control when they lose their jobs, or putting in place financial incentives for employers to hire and train the long-term unemployed. Let me see if I have this right. In order to prevent government spending on the unemployed he is proposing…government spending in the form of tax incentives? And this will somehow save money how? Of course it won’t and he knows that, but it plays like a waltz with the Tea Party who is all about individual responsibility and the like. There’s more nonsense there, but you get the idea. In order to be viable, Romney will have to run sharply right to cut Sarah Palin and her fans off. He will likely succeed. He will present himself in 2012 as an intelligent, well-spoken candidate and possibly co-opt the faith community in an effort to minimize his Mormonism, which hurt him badly in the 2008 election. He will count on sustained Tea Party anger, mostly whipped into a frenzy by the likes of Judson Phillips, FreedomWorks, and the architects of manufactured outrage as a basis for snagging media minutes and sound bites. And if he is elected, he will disappoint them all while doing enough harm to this nation that it may not be reparable.
Continue reading …enlarge Happy Wednesday, campers! Mitt Romney yesterday engaged in a pathetic pander to Dittohead Nation by honoring their time-honored tradition of trashing the unemployed. Let’s take a look at what our pal Mittens had to say : The system is also not designed for a flexible economy like ours in which some employees move from job to job for short periods, and are therefore ineligible for unemployment compensation when they are faced with a protracted spell without work. To remedy such problems we need a very different model, perhaps establishing individual unemployment savings accounts over which employees would exercise direct control when they lose their jobs, or putting in place financial incentives for employers to hire and train the long-term unemployed. One thing is certain: While we cannot rebuild our flawed system overnight, we are surely not required to borrow the funds to pay for it. In spending $56.5 billion to extend benefits, the deal is sacrificing the bedrock Republican principle that new expenditures be paid for with offsetting budget cuts. That last sentence is the most hilarious pile of horses*** I’ve read in a long, long time. Let’s go through some of the wonderful Republican initiatives over the past decade and see if they were offset by budget cuts: The cost of extending the Bush tax cuts for the rich for the next two years will be $79 billion , or more than $20 billion more than the cost of extending unemployment benefits. Mittens sees no need to pay for these. The Iraq war has cost us close to $750 billion. Did the GOP try to offset those costs with tax increases or budget cuts? Pffffffft! And then there’s TARP, the $700 billion bank bailout that had no guarantee of seeing any return on investment. Again, did the GOP insist on making cuts or raising taxes to pay for this? Nope. So in Romney’s world, government spending is only reckless if it benefits people who have lost their jobs. If it involves pointless wars, bank bailouts or tax cuts for Paris Hilton, though, it doesn’t need to be offset by anything since all of those things are free. Why anyone takes this clown seriously — or why Useless, Eh? Today felt the need to print his scribblings without the least bit of fact checking — is beyond me. Let’s look at the rest of today’s economic news: First, some happy news : New government data released Tuesday bolstered retailers’ hopes that consumers are shaking off the recession and pulling out their wallets just in time for the most critical sales months of the year. The Commerce Department reported a 0.8 percent increase in retail sales in November from the previous month, with big gains at clothing stores, sporting goods chains and department stores. It also revised its estimate for October upward, from a 1.2 percent gain to 1.7 percent. The strong results, combined with the recent stock market rally, prompted an influential industry trade group to raise its holiday sales forecast Tuesday. The National Retail Federation said it now predicts that November and December sales will grow 3.3 percent compared with last year, one percentage point higher than its original estimate. “It’s been a while since we’ve really seen the retail industry drive strong economic growth,” NRF spokesman Scott Krugman said. “Pent-up demand is meeting discounts, creating better than expected results for the holiday season. I’m skeptical that this can last beyond a one-month blip but any good news is more than welcome. It’s nice to write about the economy without sounding like a Leonard Cohen song every day, you know? More good news — the lead AG on the Fraudclosure investigation wants to throw some of these SOBs in jail: The lead Attorney General of the 50-state foreclosure investigation, Iowa’s Tom Miller, said “We will put people in jail,” in response to questions during a meeting Tuesday with more than 100 people from 15 states representing community, faith, and labor organizations, foreclosure victims and struggling homeowners from across the country. Miller also agreed that principal reductions, loan modifications, and compensation for defrauded homeowners are necessary to clean up the mortgage mess created by the big banks. “One of the main tools needs to be principal reductions, just like in the farm crisis in the 1980s. There should be some kind of compensation system for people who have been harmed. And the foreclosure process should stop while loan modifications begin. To have a race between foreclosures and modifications to see which happens first is insane.” To me the practices of the banks and the mortgage industry have been so clearly fraudulent that I will be somewhat shocked if some of these clowns didn’t go to jail. Forging affidavits is typically not something the government looks fondly upon and I hope it’s no different in this case. And hey, since we’re on a happy news roll today, let’s take in another one: Larry Summers has given his farewell speech ! That means he’s no longer working in government! The downside, of course, is that Tim Geithner’s still there and I’m sure Obama will tap someone equally odious such as Roger Altman to replace him. Gotta get those Wall Street campaign donations back in line relationships with the business community in a better place, after all. And that’s about it for today, class, I’m letting you go a little early. And since my posting of Mendelssohn’s violin concerto yesterday seemed to bring us some happier news, let’s see if we can extend it by posting more cheerful classical music. This cheerful melody from “The Marriage of Figaro” is what I’ll be humming on the first day the government makes arrests in the fraudclosure scandal: See you tomorrow!
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