Thursday Reads: A Mixed Bag of StoriesPosted: November 14, 2013
Dakinikat has arrived safely in Seattle, where she’ll be visiting with her father, her sister, and her elder daughter Jean. I’m going to fill in for her tomorrow morning, but she’ll be back to her regular blogging schedule soon.
I have no idea what’s happening in the news, because I spent last night watching two PBS shows on the JFK assassination. I’ve still been plowing through JFK books too. But RalphB posted a very interesting link last night that I want to highlight. From Jonathan Cohn, via Bob Cesca, Jonathan Cohn explains How to Interpret Obamacare’s Low Enrollment Numbers for October.
According to HHS calculations, 846,852 people have used the site to complete applications. That means they have created accounts and submitted information to see whether they are eligible for federal programs or tax credits. Those applications include people applying for households with multiple members. In total, it represents 1,509,883 people. The federal government has processed applications for the vast majority of them—98 percent, or 1,477,853 people. Of those, about a third have actually selected a health plan or been deemed eligible for a program like Medicaid. That’s 502,466.
How does that half million break down? About four out of five (396,261) are in Medicaid. The rest (106,185) of them have picked private insurance plans. These numbers include both those who enrolled through the website that the federal government is maintaining (healthcare.gov) and those who enrolled through sites that states like California, Kentucky, and Connecticut are running on their own. The majority (three-fourths) of the people getting private insurance have done so through state sites. Just a quarter, or 26,794, have enrolled through the federal site.
But because the media narrative is that the the Obamacare rollout is “failed,” “botched,” and “worse than expected,” all we’re hearing is the 106,185 figure–as if getting people covered by Medicaid doesn’t count. Tell that to the previously uninsured families who will now be able to take their sick kids to a doctor! By the way, in the first month of the Massachusetts health care exchanges, only 123 people signed up. As Bob Cesca puts it,
because there’s an “Obamacare is a Failed Policy” script that must be serviced, the lowest number of the batch has to be quoted. That’s why you’ve been reading about 106,000 rather than 1.5 million.
Have I told you lately how much I think the corporate media sucks?
At a time when many Americans are remembering the JFK assassination and the lax security that contributed to his death, we’re learning about another scandal in the Secret Service. From The Washington Post: Two Secret Service agents cut from Obama’s detail after alleged misconduct.
A call from the Hay-Adams hotel this past spring reporting that a Secret Service agent was trying to force his way into a woman’s room set in motion an internal investigation that has sent tremors through an agency still trying to restore its elite reputation.
The incident came a year after the agency was roiled by a prostitution scandal in Cartagena, Colombia, prompting vows from senior officials to curb a male-dominated culture of hard partying and other excesses….
The disruption at the Hay-Adams in May involved Ignacio Zamora Jr., a senior supervisor who oversaw about two dozen agents in the Secret Service’s most elite assignment — the president’s security detail. Zamora was allegedly discovered attempting to reenter a woman’s room after accidentally leaving behind a bullet from his service weapon. The incident has not been previously reported.
In a follow-up investigation, agency officials also found that Zamora and another supervisor, Timothy Barraclough, had sent sexually suggestive e-mails to a female subordinate, according to those with knowledge of the case. Officials have removed Zamora from his position and moved Barraclough off the detail to a separate part of the division, people familiar with the case said.
The misconduct wasn’t reported to the inspector general until the end of October after the WaPo had started investigating the incident, but
According to the Secret Service’s internal findings, Zamora was off duty when he met a woman at the hotel’s Off the Record bar and later joined her in her room.
The review found that Zamora had removed ammunition from the chamber of his government-issued handgun during his stay in the room and then left behind a single bullet. He returned to the room when he realized his mistake. The guest refused to let him back in. Zamora identified himself to hotel security as a Secret Service agent.
The report apparently didn’t explain why Zamora took a bullet out of this gun or why the woman refused to let him back into her room. We’ll all have to draw our own conclusions.
Janet Yellen, Obama’s nominee to head the Federal Reserve, will be appearing before the Senate Banking Committee today for her confirmation hearing.
US News and World Report lists “three things to expect” from the hearing: 1.) Republicans talking about inflation, 2) “measured reassurances” to nervous Republicans about nonexisitant inflation from Yellen, and 3) “a jumpy stock market.”
USA Today offers “five things to watch for”: 1) “can she handle a national stage,” 2) “Will she sound like Greenspan or Bernanke?” 3) “How will Yellen reconcile the Fed’s dual mandate to boost employment while keeping inflation low with her own economic philosophy?” 4) “Will she drop clues on tapering?” 5) “How will she handle questions about “too big to fail” banks?”
If Yellen were a man, would USA Today be asking if she can “handle a national stage?” As for question 2, she’ll sound like Bernanke obviously. Read USA today’s speculations at the link.
On the stock question, markets are responding favorably so far. From the WSJ: U.S. Stock Futures Inch Higher.
U.S. stock futures held steady near record levels, as dovish comments from Federal Reserve chairwoman nominee Janet Yellen helped offset disappointing results from some blue-chip companies.
European markets rose as sluggish euro-zone growth figures suggested accommodative monetary policies would remain in place for some time….
Investors will be keenly focused on Ms. Yellen’s confirmation hearing before the Senate banking committee, starting at 10 a.m. In her planned opening statement, released late Wednesday, Ms. Yellen said that because unemployment is still too high, and inflation is running below target levels, the Fed is using its monetary-policy tools, even unconventional ones like asset purchases, to promote a more robust recovery.
“I believe that supporting the recovery today is the surest path to returning to a more normal approach to monetary policy,” Ms. Yellen said.
Investors will be listening to the question-and-answer period for any clues on when she might expect to start winding down, or tapering, the $85-billion-a-month bond purchase program.
From Bloomberg Businessweek: Yellen Says U.S. Performing ‘Far Short’ of Potential.
“A strong recovery will ultimately enable the Fed to reduce its monetary accommodation and reliance on unconventional policy tools such as asset purchases,” Yellen said in testimony prepared for her nomination hearing before the Senate Banking Committee today in Washington. “Supporting the recovery today is the surest path to returning to a more normal approach to monetary policy.”
Yellen, the Fed’s vice chairman, voiced her commitment to using bond purchases known as quantitative easing to boost growth and lower unemployment that remains above 7 percent more than four years after the economy began to recover from the deepest recession since the Great Depression.
“Her approach is, ‘Let’s do more QE now to get the job done faster,’ ” said Laura Rosner, a U.S. economist at BNP Paribas SA in New York and a former researcher at the New York Fed. “Yellen is repeating her commitment to getting the job done.”
In three pages of prepared remarks for the 10 a.m. hearing, released yesterday, Yellen, 67, said unemployment is “still too high, reflecting a labor market and economy performing far short of their potential,” and that inflation is expected to remain below the Fed’s 2 percent goal. She also highlighted areas where the economy has improved, saying housing “seems to have turned a corner” and the auto industry has made an “impressive comeback.”
The situation in the Philippines is still desperate, according to the NYT: Traumatized City in the Philippines Begins to Bury Its Dead.
TACLOBAN, the Philippines — Pausing occasionally to dodge driving rains by hiding under loose scraps of plywood, a group of firefighters lowered unidentified bodies into a mass grave here Thursday, six days after the city was largely destroyed in Typhoon Haiyan.
For days, the bodies had sat in public. First they were uncovered on roadsides; then they were placed in body bags. After that, they were collected, and nearly 200 were stored at the biggest site, a government office. In the nearby City Hall, the center of local government relief efforts, the stench from the bodies could be powerful when the wind blew off the harbor….
The official death toll for Tacloban City rose to 2,000 on Thursday, but that covers only bodies that have been collected or visually confirmed by authorized officials. The visually confirmed bodies are those readily visible from roadsides, as relief crews have yet to start digging through towering piles of debris, much of it studded with nails.
There are also 3,000 injured, by the official tally, and 194 people for whom the paperwork has been completed for them to be declared missing.
Up in Canada, Toronto Mayor Rob Ford is still refusing to step down:
It’s clear now, amid more damning allegations and public embarrassment, that Toronto Mayor Rob Ford has no intentions of relinquishing his post.
City council must decide how to continue operating after Wednesday’sdramatic pleas from councillors for the mayor to seek treatment for alleged substance abuse.
He faces yet another challenging day at City Hall on Thursday following the release of more police documents alleging disturbing details about the mayor’s erratic behaviour.
Ford, however, has repeatedly refused to step aside, even after admitting last week that he had smoked crack cocaine about a year ago possibly while drunk..
“I can’t change the past,” he said in council Wednesday. “All I can do is move on and that’s what I’m doing.”
It’s like a family intervention played out in public; but the target of the intervention is in control of a large city. “He continues to be the chief magistrate of the city; he continues to have signing powers,” says city councilman Anthony Perruzza.
I’ll end with some feel-good news. I’ve been following the Ryan Ferguson story for a few years now. Ferguson is a young Missouri man who has been in prison for 10 years for a murder he didn’t commit. Yesterday he was finally freed. If you aren’t familiar with the case, here is some background from CBS News and a timeline of the case from KDSK.com.
Ferguson — who was serving 40 years for the 2001 murder and robbery of Kent Heitholt, an editor for the Columbia Daily Tribune — said he was still dealing with the shock of walking out of the clink.
“When I finally realized it was actually over, it was incredible relief because I was afraid,” he told the news station. “I wasn’t sure what was going to happen next. They don’t really tell you a whole lot. It was a sensation like no other, and seeing my family right there and hugging them, and knowing that we were going to go home together — it was amazing.”
A state appeals court vacated Ferguson’s conviction after the panel found he did not receive a fair trial.The panel found that prosecutors withheld evidence from defense attorneys and managed to get a conviction from two witnesses who later recanted their testimony.
Ferguson was arrested after his friend, Chuck Erickson, told cops in 2003 that the pair attacked Heitholt during a night of drinking. A night janitor, Jerry Trump, also said during the trial that he saw the two teens near the parking lot where the editor was killed.
Erickson later admitted that he lied about what happened the night Heitholt was killed and Trump told a courtroom years later that he was coached by prosecutors before he testified. Trump could face perjury charges.
So…. those are my picks for today. What stories are you following? Please post your links in the comment thread and have a great day.