Is is just me or is there just about no important news coming out of Washington DC? We just finished with a horrible crisis in the government, and there’s another one coming up when Congress and the President have to deal with the continuing resolution and the debt ceiling once again. Yet there seems to be very little focus on dealing with this ongoing threat to the country’s ongoing well-being.
This silence on the economic situation makes me nervous. I suspect there’s a lot of planning and discussion behind the scenes on how those in power are going to convince the mass of Americans to give up our social safety net–they’re trying to figure out how to loot Social Security and Medicare.
I don’t think they’re going to be able to do it, because Americans are awake to the possibility now. As Dakinikat wrote yesterday, President Obama still dreams of a “Grand Bargain,” and so do many other powerful people like Pete Peterson, Alan Simpson, and lots of Republican and Democratic politicians. Just look at how Twitter responded when “Fix the Debt” tried to hawk its greedy plans on the social media site recently. Dakiniat wrote about that yesterday too. So I guess I see the current silence on as the calm before the storm which will hit after all the politicians enjoy their long, relaxing Thanksgiving and Christmas vacations.
Meanwhile, the biggest political story at the moment is the apparent mess that the government made of the Obamacare website. I haven’t tried to get on the site myself, so I don’t really understand what the problems are. But the media is very focused on them. From what I can tell, the biggest problem seems to be that the site is too slow. Today’s Washington Post reports that the government was aware of the problems but went ahead with the site launch despite them.
Days before the launch of President Obama’s online health insurance marketplace, government officials and contractors tested a key part of the Web site to see whether it could handle tens of thousands of consumers at the same time. It crashed after a simulation in which just a few hundred people tried to log on simultaneously.
Despite the failed test, federal health officials plowed ahead.
When the Web site went live Oct. 1, it locked up shortly after midnight as about 2,000 users attempted to complete the first step, according to two people familiar with the project.
As new details emerged about early warning signs of serious deficiencies in HealthCare.gov, Obama on Monday gave a consumer-friendly defense of the health-care law, insisting that the problems many Americans have faced in trying to enroll in insurance plans will be fixed quickly.
“There’s no sugarcoating it: The Web site is too slow; people have been getting stuck during the application process,” he said at a White House event.
At the same time, he admonished Republican critics of the federal insurance exchange, saying that “it is time to stop rooting for its failure.”
Obama’s reaction to the problems isn’t getting good reviews, even from supposedly liberal journalists. At the Atlantic, Garrance Franke-Ruta called Obama “Insurance Salesman In Chief.
Of all the things Barack Obama ever expected to be during the course of his life, a television insurance salesman is probably not one of them.
But that’s the role he took on Monday morning in a Rose Garden speech pitching insurance through the Affordable Care Act’s online marketplaces and acknowledging for the first time just how troubled the website to access them is. His remarks failed to address many of the specific concerns raised byreporters and technologists about the gargantuan Healthcare.gov website, and he and provided no new information about what went wrong or how, specifically, it will be fixed.
Instead, his message was more like an infomercial designed for the general public: We know there are problems with the site and we are on it. Meanwhile, we’re offering a great product that will save you money, so keep on trying, even if it’s a little frustrating.
Washington Post healthcare reporter and commenter Ezra Klein pushed back against the administration’s reference to the problem as bugs and technical problems.“These aren’t glitches, the website, to a first approximation, simply isn’t working” Klein said on Monday’s Morning Joe. Early traffic problems that occurred when the site was overwhelmed by visitors on the first few days may have actually masked the public from the larger problems, he said, like garbled or false information being sent to insurers.
“No one beta-tested the site, which is almost criminal,” the Huffington Post’s Sam Stein said.
“They keep using the word unacceptable. It’s not unacceptable, it’s outrageous,” Mike Barnicle said.“This is the president’s singular achievement, and to be so reticent about the problems that have gone is kind of surprising.”
Politico criticized Obama’s “passive” response to the problems with the website:
Once again, Barack Obama risks looking like a bystander to his own presidency.
Here’s what he did to kick off the week: assemble a crowd in the Rose Garden to hear him repeat how “frustrated” he was about the many problems that plagued the launch of the Affordable Care Act’s website, promise that a “tech surge” was already on its way to set those problems right and implore people to bear with him until they see what the program can do.
Here’s what he didn’t do: explain why those problems weren’t addressed before the Oct. 1 launch, why he didn’t seem to be aware of them before they went very public, or who would be suffering the consequences for any of it. He didn’t apologize. He announced, in broad terms, who would be coming in to help. But he didn’t say anything about who would be shown the exits.
His “nobody’s madder than me” Monday echoed the kinds of statements he’s repeatedly made about problems over the last few months — “Americans are right to be angry about it, and I am angry about it” (the IRS scandal), “It’s not as if I don’t have a personal interest” (the NSA scandal), “This is not a world we should accept” (Bashar Assad’s use of chemical weapons). He puts himself forward as a man frustrated with what’s happened on his watch, promising change, insisting that nothing of the sort could ever happen again.
I have to agree. Obama’s passivity is one of the biggest complaints I have about his presidency–particularly in the way he has (or hasn’t) dealt with the economic crisis.
The New York Times reports that it will take “weeks of work” to fix the website problems, despite the fact that most of the problems have been identified.
In interviews, experts said the technological problems of the site went far beyond the roadblocks to creating accounts that continue to prevent legions of users from even registering. Indeed, several said, the login problems, though vexing to consumers, may be the easiest to solve. One specialist said that as many as five million lines of software code may need to be rewritten before the Web site runs properly.
“The account creation and registration problems are masking the problems that will happen later,” said one person involved in the repair effort.
Personally, I’m finding this all pretty depressing, because it was starting to look like the Democrats could retake the House in 2014. The Obamacare mess isn’t going to help that project.
Today, CNN reported the results of new new poll that found that: 75% say most Republicans in Congress don’t deserve re-election.
A CNN/ORC International survey released Monday also found a majority saying that the Republicans’ policies are too extreme. And according to the poll, Democrats have an 8-point advantage over the Republicans in an early indicator in the battle for control of Congress. But with more than a year to go until the 2014 midterm elections, there’s plenty of time for these numbers to change.
The poll was conducted Friday through Sunday, just after the end of the 16-day partial federal government shutdown that was sparked in part by an effort by House conservatives to dismantle the health care law, which is President Barack Obama’s signature domestic achievement.
A majority of those questioned blamed congressional Republicans for the government shutdown and said the President was the bigger winner in the deal to end the crisis.
The survey also found nearly eight in 10 saying the shutdown was bad for the country, and the standoff has led to a loss of confidence and satisfaction in government. And more than seven in 10 think that another shutdown is likely.
I hope Obama gets serious about fixing the Obamacare problems so Republicans can’t get up off the mat.
Another big story in the news is the $13 billion penalty the Justice Department is seeking to get from JP Morgan Chase.
From Bloomberg: JPMorgan Guilty Plea Sought by Holder Shows Harder Stance.
JPMorgan Chase & Co. (JPM) Chief Executive Officer Jamie Dimon went to Washington almost a month ago to see if U.S. Attorney General Eric Holder would settle a criminal probe of mortgage fraud at the bank if it paid more money to resolve related civil investigations.
Holder’s team, which included Deputy Attorney General James Cole and Associate Attorney General Tony West, said ending the investigation by the U.S. attorney in Sacramento would require the bank to plead guilty to something, according to a person familiar with the talks, which were held in a conference room that was Robert F. Kennedy’s office when he had Holder’s job….
Later, the department proposed the bank plead guilty to making false statements related to sales of toxic mortgage bonds. The bank proposed a nonprosecution agreement, which Holder rejected, the person said. The bank agreed to assist the continuing criminal probe. The negotiation typifies the harder line the Obama administration is taking in its second term.
Well, that’s good news IMHO.
Holder’s refusal to let JPMorgan, the biggest U.S. bank, escape criminal liability for its mortgage-bond sales, and the move to extract penalties for wrongdoing that led to the financial crisis, may go a long way toward appeasing critics of the Justice Department who have been urging charges against bankers since the collapse of Lehman Brothers Holdings Inc. in 2008….
The effort began on orders from President Barack Obama, who promised in his 2012 State of the Union address to hold banks accountable for their role in helping trigger the deepest recession since the Great Depression. A mortgage task force of prosecutors and regulators set up to carry out the president’s mandate produced the record $13 billion deal, which requires a formal sign-off by both sides.
Great! Let’s hope Obama follows through. Another good sign is that The Wall Street Editorial page is up in arms about the settlement.
The tentative $13 billion settlement that the Justice Department appears to be extracting from J.P. Morgan Chase JPM +0.21% needs to be understood as a watershed moment in American capitalism. Federal law enforcers are confiscating roughly half of a company’s annual earnings for no other reason than because they can and because they want to appease their left-wing populist allies.
The settlement isn’t final and many details weren’t available on the weekend, but we know enough for Americans to be dismayed. The bulk of the settlement is related to mortgage-backed securities issued before the 2008 financial panic. But those securities weren’t simply a Morgan product. They were largely issued by Bear Stearns and Washington Mutual, both of which the federal government asked J.P. Morgan to take over to help ease the crisis.
So first the feds asked the bank to do the country a favor without giving it a chance for proper due diligence. The Treasury needed quick decisions, and Morgan CEOJamie Dimon made them in good faith. But five years later the feds are punishing the bank for having done them the favor. As Richard Parsons notes nearby, this is not going to make another CEO eager to help the Treasury in the next crisis. But more pointedly, where is the justice in such ex post facto punishment?
The WSJ complains that banks are being turned into “public untilities.” I think that’s exactly what they should be.
We’d like to see Mr. Dimon fight the charges, but the political reality is that he and his bank don’t have much choice. His board is eager to move on, and the government will only turn the screws harder if he resists. In a post Dodd-Frank world, banks are public utilities and no CEO can afford to resist the government’s demands.
The real lesson of the Morgan settlement isn’t that justice has finally been done to the perpetrators of the crisis. That would require arresting Barney Frank and those in Congress who blocked the reform of Fannie and Freddie, plus the Federal Reserve governors who created so much easy credit.
Hahahahahahahaha!! The oligarchs don’t like it much when the shoe is on the other foot, do they?
I’m already running out of space, so here are a few more headlines link dump style:
Rolling Stone: U.S. Drone Strikes Violate Laws of War
What’s the deal with Facebook?
Now it’s your turn. What stories are you following today? Please share your links in the comment thread.
Isn’t that a gorgeous photo? It was taken in New Hampshire near Mount Washington in October 2011.
A potpourri is “a combination of incongruous things.” Well that’s what I have for you this morning. We’ll begin at Sea-Tac airport in Seattle where Boston Celtics legend Bill Russell, 79, was arrested by TSA police for having a loaded gun in his carry-on bag. He was held for about half-an-hour and then released. He has a permit for the gun. Russell was on his way to Boston where a statue of him will be unveiled on November 1.
Did you hear about the morons in Utah who destroyed a 170-million-year-old rock formation and made a video of themselves doing it? From the Deseret News:
Two men have come under scrutiny by the public and possibly by prosecutors after a video made the rounds online showing them pushing over an iconic rock formation.
The men were visiting Goblin Valley State Park last week when they said they noticed a precariously perched
boulder that was loose and worried it would fall on someone. The delicate “goblin” formation, also known as a “hoodoo,” is one of many that gives the park its name.
What followed was a video showing the men joking and laughing as Glenn Taylor, of Highland, topples the rock, narrated by cameraman Dave Hall, who says lives have been saved. A third man, identified as Taylor’s son, watches.
These two ignorant fools, who are Boy Scout leaders (!), thought the ancient rock formation was suddenly going to tip over and crush someone.
Utah State Parks spokesman Eugene Swalberg called the video disturbing. Possible criminal charges are being screened by the Emery County Attorney’s Office and the Utah Attorney General’s Office, he said….
The goblins date back more than 170 million years to the Jurassic Period, Swalberg said. The park, which gets more than 85,000 visitors per year, was dedicated in 1974 to protect the fragile formations, he said.
“There are some established trails in the park, but there are also areas where you can have self discovery and wander amongst the goblins,” Swalberg said. “That’s the beauty of Goblin Valley. It’s not meant to have people push over the goblins. It’s meant to enjoy.”
Check out the idiotic quotes from these guys in this Fox News story:
“This is about saving lives,” Dave Hall, who shot the video, told The Associated Press on Friday. “One rock at a time.”
The rock formation is about 170 million years old, Utah State Parks spokesman Eugene Swalberg said. The park in central Utah is dotted with thousands of the eerie, mushroom shaped sandstone formations.
In a video posted on Facebook, Glenn Taylor of Highland, Utah, can be seen last Friday wedging himself between one formation and a boulder to knock a large rock off the formation’s top. Taylor and his two companions can then be seen cheering, high-fiving and dancing….
“My conscience won’t let me walk away knowing that kids could die,” Hall said.
While safety was their motivation, Hall said, it was exciting to knock it over, and that’s why they reacted with high-fives and cheers in the video.
“You can’t have a rock the size of a car that you can push with one hand, and have it roll, and not have an adrenaline rush,” Hall said. “It was a crazy, exciting moment.”
What an asshole! If these fools don’t get criminally prosecuted, at least maybe the Boy Scouts will discipline them.
Boy Scouts of America spokesman Deron Smith confirmed the men are members of the organization, saying in a statement that the organization is “shocked and disappointed by this reprehensible behavior.”
Boy Scout troops spend countless hours in state and national parks, guided by the principle of leaving nature the way they find it, Smith said.
“The isolated actions of these individuals are absolutely counter to our beliefs and what we teach,” Smith said. “We are reviewing this matter and will take appropriate action.”
Moving on , , ,
NSA officials admit they put off installing the latest anti-leak software at the Hawaii facility where Edward Snowden stole thousands of top secret documents before fleeing the country and eventually accepting asylum in Russia.
Well before Snowden joined Booz Allen Hamilton last spring and was assigned to the NSA site as a systems administrator, other U.S. government facilities had begun to install software designed to spot attempts by unauthorized people to access or download data.
The purpose of the software, which in the NSA’s case is made by a division of Raytheon Co, is to block so-called “insider threats” – a response to an order by President Barack Obama to tighten up access controls for classified information in the wake of the leak of hundreds of thousands of Pentagon and State Department documents by an Army private to WikiLeaks website in 2010.
The main reason the software had not been installed at the NSA’s Hawaii facility by the time Snowden took up his assignment there was that it had insufficient bandwidth to comfortably install it and ensure its effective operation, according to one of the officials.
Due to the bandwidth issue, intelligence agencies in general moved more slowly than non-spy government units, including the Defence Department, to install anti-leak software, officials said.
In other related news,
Snowden told The New York Times in an interview that he turned all of his files over to Glenn Greenwald and Laura Poitras when the three met in Hong Kong last spring; he said he didn’t keep any of the files and therefore China and Russia could not have gotten access to them. From HuffPo:
Snowden said he did not retain copies of the documents and did not take them to Russia “because it wouldn’t serve the public interest,” the Times reported. He said his familiarity with China’s intelligence abilities allowed him to protect the documents from Chinese spies while he was in Hong Kong.
“There’s a zero percent chance the Russians or Chinese have received any documents,” he said….
The Times reported that in the interview, which it said took place over several days in the last week and involved encrypted online communications, Snowden asserted that he believed he was a whistle-blower who was acting in the nation’s best interests by revealing information about the NSA’s surveillance dragnet and huge collections of communications data.
The only problem with these claims is that Snowden actually gave copies of some of the stolen files to the Chinese government-supported newspaper The South China Morning Post in August, long after he supposedly turned everything over to Greewald and Poitras. So where did that data come from?
Whatever the truth is, we do know the files are in the possession of Greenwald, Poitras, Wikileaks, The Guardian, The Washington Post, The New York Times, and several other news organizations as well as the British security services which confiscated the files from Greenwald’s live-in partner David Miranda when he was passing through Heathrow airport. So we can be sure there’s no danger of unauthorized release of secret information. Right?
That was sarcasm, by the way, in case you didn’t pick up on it . . .
Bob Cesca had a good post yesterday on Ted Cruz and his future plans. He apparently feels emboldened by his success in shutting down the government for two weeks, and plans more destructive behavior next time. Cesca writes:
Sen. Ted Cruz (R-TX), the chief architect of the tea party shutdown and subsequent debt ceiling brinksmanship, might have lost an endorsement from his home town newspaper, but he managed to raise $1.19 million during the third quarter — nearly three times the haul of the second quarter total. That period of time didn’t include the shutdown, but it included his filibuster, which, it turns out, had a very important purpose: the make money for Ted Cruz. He also beefed up his email database with a petition that gathered over two million names and addresses.
When asked who “won” the shutdown battle, Rep. Tom Rooney (R-FL) told Politico the winners were “the people that managed to raise a lot of money off this.” Now, I don’t know if that means the tea party necessarily “won,” but Cruz and the Heritage Action group, which pulled in $330,000, didn’t walk away empty-handed.
While Cruz and the others cashed-in, the shutdown ended up costing the federal government $24 billion. Via TIME, here’s a breakdown of just a few of the losses:
-About $3.1 billion in lost government services, according to the research firm IHS
-$152 million per day in lost travel spending, according to the U.S. Travel Association
-$76 million per day lost because of National Parks being shut down, according to the National Park Service
-$217 million per day in lost federal and contractor wages in the Washington D.C. metropolitan area alone
And we’re supposed to continue buying the line that the tea party cares about government spending and the national debt? That’s rich.
Obviously, Cesca writes, they are going to do a repeat performance early next year. Read all about it at the link.
More wingnut news . . .
I happened to turn on the Hannity show on Fox News last Friday evening. “Average Americans are feeling the pain of Obamacare and the healthcare overhaul train wreck,” Hannity announced, “and six of them are here tonight to tell us their stories.” Three married couples were neatly arranged in his studio, the wives seated and the men standing behind them, like game show contestants.
As Hannity called on each of them, the guests recounted their “Obamacare” horror stories: canceled policies, premium hikes, restrictions on the freedom to see a doctor of their choice, financial burdens upon their small businesses and so on.
“These are the stories that the media refuses to cover,” Hannity interjected.
But none of it smelled right to me. Nothing these folks were saying jibed with the basic facts of the Affordable Care Act as I understand them. I understand them fairly well; I have worked as a senior adviser to a governor and helped him deal with the new federal rules.
So Stern actually contacted three of these folks and it turns out they all lied. As Drum summarizes:
One of them was apparently just lying, and the other two hadn’t even checked the exchanges, where they would have found that they could get better coverage for considerably less than they’re paying now.
Did you hear the latest in the Ariel Castro story?
One of Castro’s neighbors has now been charged with rapes and murders. From the Guardian:
Increased scrutiny of missing person cases in a Cleveland neighbourhood following the arrest of kidnapper Ariel Castro led to charges against a neighbour for the murders of two women in the 1990s, the FBI said on Friday.
Elias Acevedo, 49, was charged late on Thursday with the kidnapping, rape and murder of his 30-year-old neighbour, Pamela Pemberton, found strangled in 1994, and another woman believed to be Christina Adkins, a pregnant 18-year-old who disappeared in 1995. He also is charged with the rape of two young girls.
“Because the public became more aware and investigators were determined and relentless, people were re-interviewed and there was an increased interest in these missing person cases,” FBI spokeswoman Vicki Anderson said.
Acevedo, who lived on the same block as Castro, was arrested in June at his Seymour Avenue residence after police questioned Castro’s neighbours and discovered that Acevedo was a convicted sex offender who had failed to report his current address.
Acevedo became a suspect in the Adkins and Pemberton murders after the FBI re-examined the disappearance of other missing women from the Seymour Avenue neighbourhood after Castro’s arrest, according to a statement from the Cuyahoga County prosecutor’s office.
Imagine if the Cleveland police had actually done their job years ago?
I’ll end with this wacky story from CBS Atlanta.
A video of a showdown between a hunter and a bear in Canada posted in May of this year is making the rounds on social media as of late.
The video, posted by Jeffrey Moffatt, shows a hunter in a tree stand with a bear at the bottom of the tree.
Much to the surprise of the hunter, the bear climbs the tree in about three seconds and comes face-to-face with the hunter.
The bear sniffs around and eventually decides the hunter wasn’t a threat and climbs down the tree.
Moffatt said on YouTube that he only had a bow and arrow – no firearm – and did not have any cell service in case the situation would have gotten worse.
You have to watch the video!
OK, those are my contributions for today. What stories are you following? Please post your comments and links in the thread below.
Before we get started, I need to make another appeal for donations. We still need a little more money to pay for WordPress extras like extended memory and our domain name. If you could give even $5, it would help a lot. We only need about $30 more to cover everything. Thanks so much to those of you who already gave!
Now on to the news of the day, which is so strange that I hardly know how to begin. Did we really just go through more than two weeks of a hostage drama with supposed grown-up elected officials threatening to bring down the U.S. economy–and along with it the global economy–unless the President and the legislature agree to repeal a legitimate law that has been upheld by the Supreme Court? Or failing that, deny birth control to adult women?
Yes, yes we did. Somehow, truly insane people have tried to take over the government. They’ve been defeated for now, but in only a few months we could go through this again! This article at Bloomberg Businessweek pretty much sums it up: Congress Ends Impasse to Be Revisited in January.
After the partisan passions and heated rhetoric, the disruptions of a government shutdown and displays of dysfunction, Congress did what it could have done weeks ago: voted to fund the government and lift the debt limit.
The passage last night by wide margins — an 81-18 vote in the Democratic-led Senate, followed by a 285-144 vote in the Republican-controlled House — allows the U.S. to avoid default and ends the shutdown that began Oct. 1 and has taken $24 billion out of the U.S. economy.
President Barack Obama signed the bill just after midnight, according to a White House statement. The measure puts government workers back on the job starting today and permits the U.S. to pay its debts, benefits and salaries.
Lawmakers didn’t show they’re any closer to resolving the underlying issues of spending priorities and deficit-reduction measures, particularly in the House where a shrinking political middle makes compromise elusive as the latest events show.
The focus now shifts to a new series of deadlines — the first for budget negotiations with a Dec. 13 target — that set up more rounds of political combat over taxes and spending on programs including Social Security and Medicare. The deal funds the government at Republican-backed spending levels through Jan. 15, 2014, and suspends the debt limit through Feb. 7.
But according to CBS News, Republicans still plan to keep trying to repeal the Affordable Care Act.
[Senate Minority Leader Mitch] McConnell claimed victory for Republicans in the fact that the sequester cuts mandated by the Budget Control Act were preserved, and assured the party he is committed to fighting to repeal Obamacare.
“Republicans remain determined to repeal this terrible law, but for today the relief we hope for is to reopen the government, avoid default and protect the historic cuts we achieve under the Budget Control Act,” he said. “This is far less than many of us had hoped for, frankly, but its far better than what some had sought. Now it’s time for Republicans to unite behind other crucial goals.”
Ted Cruz plans to continue the hopeless fight against Obama’s health care law. From Mediaite: Ted Cruz Slams ‘Lousy Deal,’ Pledges Obamacare Fight Is Far From Over on Hannity.
Ted Cruz and Mike Lee, the conservative tag-team that led the fight on Obamacare from the beginning, joinedSean Hannity Wednesday night before the House voted to officially end the government shutdown, both of them slamming the compromise deal and promising to continue fighting the health care law. Cruz called it a “lousy deal” and the latest example of the “Washington establishment selling the people down the river.”
Watch the video at the link if you can stomach it.
Meanwhile, back in Texas some folks aren’t so happy with their new Senator. The Houston Chronicle yesterday expressed regret for having endorsed him. From HuffPo:
Nearly one year removed from its decision to endorse Ted Cruz, the Houston Chronicle reflected back on that choice in a Tuesday op-ed, admitting that he has not lived up to the paper’s expectations.
In a piece entitled “Why We Miss Kay Bailey Hutchison,” the newspaper reflected back on how Hutchison had an “extraordinary understanding of the importance of reaching across the aisle when necessary.” That skill has not been displayed by Cruz or senior Sen. John Cornyn (R-Texas), according to the Chronicle….
In an Oct. 18, 2012 op-ed, the Chronicle explained that its endorsement of Cruz was premised on him following the example of previous senators, including Democrats Lloyd Bentsen, who went on to serve as Treasury Secretary and Lyndon B. Johnson, who later became president.
“We expect Cruz as the senator from the Lone Star State to spend his energies standing up for Texans of every background and economic station, representing their best interests from health care and education to energy, space and medicine,” the paper wrote.
It might be time for Ted Cruz to get a dog.
Because as the saying goes, if you want a friend in Washington, that’s what you do. And by the time Cruz’s crusade to defund Obamacare finally crashed to a halt Wednesday, the Texas senator had precious few friends left.
The government shutdown alienated colleagues in both parties. It generated fresh animosity toward the tea party and a flurry of recriminations toward Cruz. Voter support for the Republican Party plunged….
Cruz willed himself to the center of the fight. For months, he predicted that Democrats would cave if Republicans stood together to strip funding from the health care law. He dramatized the cause with a 21-hour overnight Senate speech, soaring to unusual prominence for a freshman senator. He refrained from using the risk of a catastrophic default on U.S. debt as leverage. Still, the defeat was so resounding that it left his political future in doubt.
The vast majority of his colleagues repudiated his tactics. Some accused him of promoting himself more than any attainable goals or the health of his party.
Sen. John McCain of Arizona, the 2008 GOP presidential nominee, called the last few weeks an “agonizing odyssey.”
“This has been one of the most shameful chapters I’ve seen here,” he said, lamenting damage to the GOP for little gain. “We’re in a hole. We have to dig out. We weren’t going to defund Obamacare, and we weren’t going to keep the government shut down.”
On the other hand, Mitch McConnell didn’t walk away empty-handed. WFPL in Louisville reports: McConnell-Reid Deal Includes $3 Billion Earmark for Kentucky Project.
Language in a draft of the McConnell-Reid deal (see page 13, section 123) provided to WFPL News shows a provision that increases funding for the massive Olmsted Dam Lock in Paducah, Ky., from $775 million to nearly $2.9 billion.
The dam is considered an important project for the state and region in regards to water traffic along the Ohio River.
As The Courier-Journal’s James Bruggers reported in 2011, the U.S. Army Corps of Engineers said they needed about $2.1 billion for the locks due to “stop and go funding.”
Asked about the additional funding in the proposal, McConnell spokesman Robert Steurer directed all questions to lawmakers who worked on the bill directly.
Hostage-taking, extortion, and bribery. It’s the Republican way.
In the midst of the madness last night, Diane Reedy, a House stenographer had to be dragged off the House floor after she grabbed a microphone during the vote and began ranting about Freemasons. CNN:
Amid all the chaos of the last-minute deal in Washington, there was an unusual moment on the House floor moments after the bill passed.
A House stenographer and well-known employee calmly took to a microphone and began screaming.
“Do not be deceived. God shall not be mocked. A House divided cannot stand,” she said, according to a House GOP aide. After a few seconds, she was escorted out by the Sergeant-at-Arms, but an audio recording by Todd Zwillich of Public Radio International captured the rest of her rant.
“He will not be mocked, He will not be mocked, (don’t touch me) He will not be mocked. The greatest deception here, is that this is not one nation under God. It never was. Had it been… it would not have been… No. it would not have been… the Constitution would not have been written by Free Masons… and go against God. You cannot serve two masters. You cannot serve two masters. Praise be to God, Lord Jesus Christ.”
According to Dana Bash, the woman is well liked on Capitol Hill. She was taken to a hospital for a psychological evaluation. I hope she will be okay; but frankly, her behavior is no crazier than that of some House members. For example, insane Texas Rep. Louis Gomert claimed yesterday that Sen. John McCain is a supporter of al Qaeda. Raw Story reports McCain’s response:
Sen. John McCain (R-AZ) shrugged off Rep. Louie Gohmert’s (R-TX) insinuation that he was an “al Qaeda supporter” in an interview with NBC Nightly News host Brian Williams on Wednesday, while conceding to an increasing amount of polarization between lawmakers.
“On that particular issue, sometimes comments like that are made out of malice,” McCain told Williams. “But if someone has no intelligence, I don’t view it as being a malicious statement. You can’t respond to that kind of thing.”
And this wasn’t just an isolated incident.
Gohmert made a thinly-veiled reference to McCain during an Oct. 11 appearance at the Value Voters Summit, mocking his trip to meet with rebel leaders in Syria by calling him, “a guy that’s been to Syria and supported Al Qaeda and the rebels.”
The two also clashed in 2012, with Gohmert calling McCain and other GOP lawmakers“numbnuts” after McCain criticized Gohmert and Rep. Michele Bachmann (R-MN) for what he called “specious and degrading attacks” against former State Department aide Huma Abedin.
Can we get Gomert a psych eval? Please?
Just a couple more links on reactions to the insanity in DC:
From the Wall Street Journal: Business Voices Frustration With GOP.
The budget stalemate that had the U.S. flirting with default has left business and the Republican Party, longtime political allies, at a crossroads.
In interviews with representatives of companies large and small, executives predicted a change in how business would approach politics. They didn’t foresee a new alignment with Democrats but forecast backing challengers to tea-party conservatives in GOP primaries, increasing political engagement with centrist Republicans and, for some, disengaging with politics altogether.
Many business executives say they were dismayed that some Republicans didn’t heed their warnings that closing the government and risking default would hurt the U.S. economy. Others expressed disgust with Washington politics in general. All said the crisis could have been averted with a more pragmatic approach.
The decadeslong relationship between American business and the GOP is certainly likely to endure, with business still feeling a kinship and shared goals with many in the party, including a push for lower taxes and lighter regulation.
But the conversation among businesses is “characterized by tremendous frustration and angst,” said Dirk Van Dongen, president of the National Association of Wholesale-Retailers, a trade group. “Because at the end of the day, the system is supposed to produce results, and the failure to produce results has consequences.”
“The U.S. can give a sigh of relief for now but the New Year could bring a dangerous sense of déjà vu,” Luke Bartholomew, investment analyst at Aberdeen Asset Management, said.
Equity markets in the U.S. and Asia initially welcomed the last-minute deal which pulled the world’s biggest economy back from the brink of a historic default, but the rally ran out of steam as the longer-term implications sank in….
The temporary nature of the agreement and longer-term worries that the debt ceiling risks would become a structural drag on the economy also weighed on debt markets.
That view was shared by Chinese credit agency Dagong, which downgraded the U.S. sovereign rating to A- from A with a negative outlook, driving further dollar losses.
The 10-year benchmark Treasury note yield slipped to 2.65 percent from around 2.68 percent late in New York. While U.S. Treasury bill futures had gained 0.1 percent.
“It casts dark clouds over the economy – politics are now the main drag for growth in the U.S,” Rabobank strategist Philip Marey said.
Read more at the link.
Finally, the Center for American Progress has released a report on Replacing the Sequester. Check it out at the link.
Now it’s your turn. What stories are you following today? What reactions are you seeing to yesterday’s agreement? Please post your own thoughts as well as your links on any topic in the comment thread.