Daily Archives: Monday, December 1, 2008

Heating up in the frozen north

OTTAWA–NDP Leader Jack Layton and Liberal Leader Stephane Dion have signed an historic accord to form a coalition government to replace Prime Minister Stephen Harper’s Conservatives.

In an extraordinary scene on Parliament Hill late this afternoon, Dion and Layton signed a formal deal to work together through to June, 2011.

And they signed an agreement with Bloc Quebecois Gilles Duceppe that commits the separatist party to support the coalition through to June, 2010.

Liberal leader Dion would serve as prime minister.  http://www.thestar.com/news/canada/article/546315

Larry Kudlow

Kudlow, the house authority on economics at Fox and National Review, is clearly who you want to turn to for consistently correct analyses of the financial sector.

According to the National Bureau of Economic Research (NBER), the U.S. economy officially entered a recession in December of 2007.

Here’s what the National Review‘s resident economic expert, Larry Kudlow, had to say at the time–in a December 2007 post at The Corner.

There is no recession. Despite all the doom and gloom from the economic pessimistas, the resilient U.S economy continues moving ahead—quarter after quarter, year after year—defying dire forecasts and delivering positive growth. In fact, we are about to enter the seventh consecutive year of the Bush boom.It’s been obvious for a long time, of course, that Kudlow is a fool. The fact that he continues to be one of the leading voices on economic issues at the most respected conservative publication says all you need to know about the state of intellectual decay on the Right.

The pessimistas are a persistent bunch. In 2006, they were certain a recession was just around the corner. They were wrong. Instead, the economy posted two consecutive quarters of near or above four-percent growth.

Earlier today, a doom and gloom economic forecast from Macro Economic Advisors was released predicting zero percent growth in the fourth quarter. This report is off by at least two percentage points. These guys are going to wind up with egg on their faces.

http://www.anonymousliberal.com/2008/12/kudlow-and-company.html

Quote of the day

My guess is that in early January the Republicans will make some pleasant sounding noises about how they’re looking forward to working with the new president, blah blah blah, and then there will be some fake controversy or Cabinet nominee who just “crosses the line,” and then in more sorrow than anger they’ll proceed to burn everything down.  Atrios

Daily snark

Remember when John McCain was running for president? That was pretty funny.

Atrios at Eschaton

Researchers find oldest-ever stash of marijuana

Researchers say they have located the world’s oldest stash of marijuana, in a tomb in a remote part of China.

The cache of cannabis is about 2,700 years old and was clearly “cultivated for psychoactive purposes,” rather than as fibre for clothing or as food, says a research paper in the Journal of Experimental Botany…

Remnants of cannabis have been found in ancient Egypt and other sites, and the substance has been referred to by authors such as the Greek historian Herodotus. But the tomb stash is the oldest so far that could be thoroughly tested for its properties.

The 18 researchers, most of them based in China, subjected the cannabis to a battery of tests (blog note: we bet they did)…The marijuana was found to have a relatively high content of THC…

The substance has been found in two of the 500 Gushi tombs excavated so far in northwestern China, indicating that cannabis was either restricted for use by a few individuals or was administered as a medicine to others through shamans, Russo said.

Sure.  Those elites, always with the good stuff. 

http://www.cbc.ca/technology/story/2008/11/28/marijuana-origins.html

“Sarkobama”…odd story from France

These posters have been appearing around Paris apparenty for several days and they are proliferating.   According to one blogger…

  No activist group has yet claimed responsibility for this widespread and well orchestrated action, but judging by the amount of money spent on such a campaign, it can’t be the secret art project of some students over at the Beaux-Arts…

h/t Andrew Sullivan

Today’s quality music

I saw these guys in a wonderful smallish venue in Vancouver. We were about five rows back and I was mesmerized through the whole performance. Everything about their performance was fresh and surprising to me, from the musical structures to their motions and physicality. And of course, there is the beauty of their voices.

We’d like our bigots vigorous, please

Michael Steele would like to be RNC chairman.  But for some conservatives he doesn’t meet the ya-gotta-hate-enough muster.

The Republican National Coalition for Life and the Rev. Donald Wildmon’s American Family Association both have came out against Mr. Steele because he and former New Jersey Gov. Christine Todd Whitman were co-chairmen of the centrist Republican Leadership Council and because of his unclear comments about abortion on “Meet the Press.”

A separate e-mail being sent to RNC members notes that the Log Cabin Republicans, a group that advocates for same-sex marriage and other homosexual issues, has embraced Mr. Steele’s candidacy.   http://www.washingtontimes.com/news/2008/nov/27/steele-meeting-resistance-in-bid-for-rnc-post/?page=2

Bush administration dilutes loan rules before crash

AP IMPACT: They warned us: US was told to ‘expect foreclosures, expect horror stories’

The Bush administration backed off proposed crackdowns on no-money-down, interest-only mortgages years before the economy collapsed, buckling to pressure from some of the same banks that have now failed. It ignored remarkably prescient warnings that foretold the financial meltdown, according to an Associated Press review of regulatory documents.

“Expect fallout, expect foreclosures, expect horror stories,” California mortgage lender Paris Welch wrote to U.S. regulators in January 2006, about one year before the housing implosion cost her a job.

Bowing to aggressive lobbying — along with assurances from banks that the troubled mortgages were OK — regulators delayed action for nearly one year. By the time new rules were released late in 2006, the toughest of the proposed provisions were gone and the meltdown was under way. continue reading here  http://www.talkingpointsmemo.com/news/2008/12/ap_impact_us_diluted_loan_rule.php

1961…Eisenhower’s farewell address…and what did he think important enough to use this final speech to talk about?

Conundrum of the day

Conservatives actually prefer obstruction and are good at it. In fact, when you think about it, it’s their natural place in the system since they claim to not believe in government. There’s something quite dissonant about being in charge of something you hate. So they are quite natural at being the party of obstruction, far better than the Democrats who proved that they really don’t have a talent for it at all.  quote from Digby at Hullabaloo http://digbysblog.blogspot.com/

There is a pretty interesting logical contradiction here.  “Government is bad”, “Washington is bad” but nevetheless we yearn zestfully to be in control of it…to be that thing we dislike and disapprove of.   

One could posit that this does go some distance in explaining why they muck it all up so badly, as the last eight years have demonstrated.  Who’s going to be good at governance while holding that governance is bound to muck things up?  What other outcome could be possible or desired?  Let us prove to you how bad government really is.  We shall endeavor to support our thesis about the badness of government by avoiding any significant action or project or legislation which much improves conditions because then our thesis would look fairly silly. 

This is a conundrum that arises from their populist position, actually, their populist rhetoric which maintains that political power must not fall into the hands of an “elite”.  Which is why Bush Jr, raised in a family at the apogee of political and financial and social elites in the US says “Howdy” and has film crews out at the ranch he purchased before the primaries always (it is always) showing him with his sleeves rolled up. 

It’s all quite farcical, of course.  And what they are really trying to convince us of through these twists and turns of logic and dissonance and spin and snowjobs and photo ops is that nobody else ought to be in control of government, least of all the people or those who might sincerely wish to represent the people.

How ugly is rightwing radio?

antichrist1

http://http://4.bp.blogspot.com/_9ks36c549BI/STMtfC9ObaI/AAAAAAAAAz4/qxCDPdcjDq8/s1600-h/antichrist1.JPG

This is the website for LA rightwing radio host Bill Handel’s show which airs immediately before Rush Limbaugh.

h/t Digby

Correction:  it appears this is from the website of the radio station, not Handel’s website

US Special Operations Command…propaganda planning center

This Walter Pincus piece provides a somewhat helpful survey of how the Defence Department goes about planning and producing propaganda to aid US goals outside the country.  It provides a window into modern techniques and systems the Pentagon uses which helps us understand and spot similar techniques when used by the DOD internally (see the earlier piece by Glenn Greenwald).  Where we can make rational (and legal) arguments for such activities designed to counter extremism that results in events like Mubai, propaganda developed by the Pentagon for internal use is another matter altogether.  In a broader view, we can also consider how these techniques are used by non-military propagandist agents.  You’ll note, for example, in this piece the notion or technique to ”shape the global media landscape” through, in this case, “influence websites”.  Compare with Newt Gingrich’s statement “We will change America through the media”.  Or you could list out the main rightwing websites presently active and influential (townhall, newsmax, NRO, etc) and do a check through wikipedia or sourcewatch on who funded their creation and maintenance.  You’ll find a group of names coming up repeatedly – Scaife, Bradley, Coors, Olin to name the main ones.  And if you then check out the high profile conservative think tanks for funding sources, you’ll find the same names reappearing. 

The Defense Department, with more money and personnel than the State Department, continues to plan for sophisticated information operations in the war on terrorism that in the past were the purview of diplomats and even the CIA. http://www.washingtonpost.com/wp-dyn/content/article/2008/11/30/AR2008113001899.html?nav=rss_print/asection

Side note here.  Of the intelligence work done by US agencies now, a mere 20% is carried out by the CIA.  The remaining 80% is carried out by agencies under control of the Pentagon.

Quote of the day – frightening category

I shudder to think that the charlatan Netanyahu could soon again be Prime Minister of Israel.   Josh Marshall

Phil Gramm has cousins in Latvia

We’ll recall that Republican Senator Phil Gramm, McCain’s chief economic advisor up until the point where he said that the economy was fine and that we were in the midst of a “mental recession” and that Americans have become “sort of a nation of whiners”.  Here’s the next step along the Gramm ‘stop whining’ continuum…

RIGA, Latvia — Hammered by economic woe, this former Soviet republic recently took a novel step to contain the crisis. Its counterespionage agency busted an economist for being too downbeat. 

continue reading here http://online.wsj.com/article/SB122809308553167889.html

And here’s Paul Krugman’s take on the matter…

A novel way to prevent financial crises

Arrest any economist who offers downbeat analysis. Now, why didn’t the Bush administration think of that?

I mean, during the Social Security fight there were Republican congressional leaders saying that it was our patriotic duty to support privatization, because Bush

cannot afford to fail. It would have repercussions for the rest of his program, including foreign policy. We can’t hand the president a defeat on his major domestic initiative at a time of war.

If that was true of Social Security privatization, it was surely all the more true of, say, having a major financial crisis on Dear Leader’s watch. So the war on terror demands that pessimistic economists be locked up! http://krugman.blogs.nytimes.com/2008/12/01/a-novel-way-to-prevent-financial-crises/

Essential background data on the McCaffrey story and the media complicity in forwarding Pentagon propaganda

As a further note to my post here… http://bernielatham.wordpress.com/2008/11/30/business-and-the-pentagonrevolving-door-with-some-help-from-cnbc/

This morning, Glenn Greenwald writes on the NY Times piece, giving further analysis and essential background information.

The ongoing disgrace of NBC News and Brian Williams

(updated below – Update II)

The New York Times‘s David Barstow, whose excellent and aggressive journalism led to the uncovering last April of the Pentagon’s domestic propaganda program involving network “military analysts,” today returns to this topic with another lengthy front-page exposé.  Barstow focuses today on the numerous, undisclosed conflicts of interest of Gen. Barry McCaffrey, who continues to be featured frequently by NBC News as an objective analyst as he opines about war policies in which he has a substantial (and concealed) financial stake.

Some of the key facts which Barstow reports concerning the improper behavior of McCaffrey and NBC News were documented all the way back in April, 2003, in this excellent article from The Nation, which Barstow probably should have credited today.  That article — entitled “TV’s Conflicted Experts” — detailed the numerous defense contractors to which McCaffrey had a substantial connection — including Mitretek, Veritas and Integrated Defense Technologies, all featured by Barstow today — and highlighted how the policies and viewpoints McCaffrey was advocating as a “military analyst” on NBC directly benefited those companies.   

continue reading here  http://www.salon.com/opinion/greenwald/2008/11/30/mccaffrey/