Monday Reads

Happy Memorial Day!

While this is the usual time to remember America’s war dead from past wars, it’s good to remember that we still have  two wars going on today.  As the saying goes, War is Hell.  The BBC reports that Afghan leaders have put NATO on warning for recent ‘collateral damage’.

The BBC’s Quentin Sommerville said villagers brought their dead children to the governor’s office shouting: “See they aren’t Taliban”

Afghan President Hamid Karzai has forcefully condemned the killing of 14 civilians in the south-west of the country in a suspected Nato air strike.

Mr Karzai said his government had repeatedly asked the US to stop raids which end up killing Afghan civilians and this was his “last warning”.

A Nato spokesman said a team had been sent to Helmand province to investigate the attack carried out on Saturday.

Afghan officials say all those killed were women and children.

The strike took place in Nawzad district after a US Marines base came under attack.

The air strike, targeted at insurgents, struck two civilian homes, killing two women and 12 children, reports say.

“The president called this incident a great mistake and the murdering of Afghanistan’s children and women, and on behalf of the Afghan people gives his last warning to the US troops and US officials in this regard,” his office said.

The White House said it shared Mr Karzai’s concerns and took them “very seriously”.

A group from Sera Cala village travelled to Helmand’s capital, Lashkar Gah, bringing with them the bodies of eight dead children, some as young as two years old, says the BBC’s Quentin Sommerville in Kabul.

“See, they aren’t Taliban,” they chanted as the carried the corpses to local journalists and the governor’s mansion.

While insurgents are responsible for most civilian deaths in Afghanistan, the killings of Afghans by foreign soldiers is a source of deepening anger, our correspondent adds.

In other Afghan war news, a Nato commander was injured in Taliban suicide attack in Afghanistan.  This is from the UK Guardian.

A Taliban suicide bomber attacked a provincial governor’s compound in Takhar, killing the police chief of northern Afghanistan and seriously injuring a top Nato commander. Two other Afghan officials were also reported to have died in the attack. Several international servicemen were reported injured by eyewitnesses.

German officials confirmed to Spiegel magazine Major General Markus Kneip, who commands NATO  forces in the north Afghanistan, had received wounds that were “severe” but not life-threatening.

A Nato spokesman in Kabul confirmed western casualties but was unable to provide details.

The Taliban, meanwhile, claimed responsibility for the attack and pledged that “killing high ranking officials will continue.”

Mujeebullah Rahman, the deputy director of the local council in Takhar province, said the attack took place at about 4pm when a meeting to discuss local security operations was ending.

“The bomber was waiting in the corridor, wearing the uniform of an Afghan policeman,” Rahman said.

The attack capped a bloody 48 hours in which seven Americans, two British and two other Nato servicemen were killed by roadside bombs or by insurgents in the south of the country. So far 44 Nato soldiers have been killed this month, and .nearly 200 have died in the year.

While we continue to fund these wars, Republicans are demanding that any relief to tornado-wrecked Joplin Missouri must be offset by spending cuts elsewhere.  Congressman Eric Cantor–house majority leader–has joined in the call first sent out by Senator Majority Leader Mitch McConnell last week.  Talk about kicking people when they’re down!

Rep. Eric Cantor (R-Va.) continued to stress Sunday that disaster relief funds for tornado-ravaged Missouri would have to be offset in the federal budget with cuts elsewhere.

The House majority leader added on CBS’ “Face the Nation” that there was a certainly a federal role in helping to rebuild Joplin, Mo., and that Congress would move after getting a request from President Obama.

But, he said, the government needs to act in this case like a family who faces an unforeseen expense and has to cut elsewhere.

“Because families don’t have unlimited money,” Cantor said. “And, really, neither does the federal government.”

Cantor began calling for offsets last Monday, the day after the tornado that has killed well over 100 struck Joplin. On Tuesday, a House appropriations subcommittee found a $1.5 billion offset to help finance an aid package.

Somebody needs to remind these guys that the government can raise revenues via taxes for legitimate expenditures.  That’s something families don’t have the ability to do.  There’s also printing money and borrowing money at nearly zero interest via Treasury Auctions. Cantor was honest enough to admit that Medicare played an “undeniable” role in the recent election in NY 2 6.

“It’s undeniable that it played some role in the election. Any time you have one side demagoguing and frankly, accusing the other side in a way that’s not factual of trying to reform the program, certainly that’s going to influence the electorate,” Cantor said on CBS’s “Face the Nation.” “As far as Medicare is concerned, there’s a simple choice here – either we’re going to save the program or let it go bankrupt.”

Wasserman Schultz, who appeared just after Cantor said, “Coming from the majority leader,” who was one of the “architects” of a 2010 midterm congressional election victory “focused on scaring seniors about what Democrats were doing with Medicare, he would know.”

“What we’re doing is making sure we can prevent Republicans from ending Medicare as we know it,” she said. “That’s what Kathy Hochul ran on leading up to her victory this Tuesday in New York 26.”

Voters were making it clear that they didn’t support the GOP’s budget plan, Wasserman Schultz asserted.

So, I thought I’d offer up some history of Memorial Day for you.  One of the things that I learned moving down here was that much of the south does not really celebrate the holiday and refer to it as a Yankee holiday even though it was supposed to be in remembrance of all civil war dead.  Many southern cities actually claim to have started the holiday.  I guess Mississippi sees things a little different. The holiday originated after the Civil War as “Decoration Day”.  It didn’t become a federal holiday until 1971.

Memorial Day was originally known as Decoration Day because it was a time set aside to honor the nation’s Civil War dead by decorating their graves. It was first widely observed on May 30, 1868, to honor the sacrifices of Civil War soldiers, by proclamation of General John A. Logan of the Grand Army of the Republic, an organization of former sailors and soldiers. On May 5, 1868, Logan declared in General Order No. 11 that:

The 30th of May, 1868, is designated for the purpose of strewing with flowers, or otherwise decorating the graves of comrades who died in defense of their country during the late rebellion, and whose bodies now lie in almost every city, village, and hamlet churchyard in the land. In this observance no form of ceremony is prescribed, but posts and comrades will in their own way arrange such fitting services and testimonials of respect as circumstances may permit.

During the first celebration of Decoration Day, General James Garfield made a speech at Arlington National Cemetery, after which 5,000 participants helped to decorate the graves of the more than 20,000 Union and Confederate soldiers buried in the cemetery.

This 1868 celebration was inspired by local observances of the day in several towns throughout America that had taken place in the three years since the Civil War. In fact, several Northern and Southern cities claim to be the birthplace of Memorial Day, including Columbus, Miss.; Macon, Ga.; Richmond, Va.; Boalsburg, Pa.; and Carbondale, Ill.

So, it’s not all about mattresses and sales tax holidays!!!  My mother used to tell me that all the relatives would go clean up the family cemeteries on memorial day in Missouri and Kansas.  They would all have huge picnics along with trimming the overgrown bushes or flowers.  We used to continue the tradition when I was very young until most of the cemeteries started using huge mowers and removed all bushes and flowers.  As I recall, we had an ongoing battle in one cemetery with massive and profuse peony bushes.

So, that’s my offering for the day!  Have a really wonderful holiday!  What’s on your reading and blogging list today?


Late Night Outrage: War on Women’s Health

We’ve been watching state after state wage a coordinated war against women.  Here’s a summary of this year’s assault on women’s health by NYT’s Emily Bazelon. Women better wake up and smell the threat to their right to self-determination.

Ever since Republicans took control of half the country’s statehouses this year, the anti-abortion movement has won one victory after another. At least 64 new anti-abortion laws have passed, with more than 30 of them in April alone. The campaign is the largest in history and also the most creative. Virginia started regulating abortion clinics as if they were hospitals. Utah, Nebraska and several other states have stopped private health insurers from covering abortions, with rare exceptions. South Dakota will soon tell women that before they go to an abortion clinic, they must first visit a crisis pregnancy center whose mission is to talk them out of it.

It’s amazing to me that after 8 years of Republican focus on the war on Terror, their focus turns towards turning the clock back decades for American women.  What is behind these reactionaries?  What is fueling the fantancism?  Why have they suddenly switched strategies?

Instead, lawyers representing their side have been challenging the laws that hurt women most — which are also the ones most likely to sway public opinion back to their side. Can it really be good politics for a state to tell private health insurers what kind of coverage for women’s health they can and can’t provide? Or to take away the money that allows Planned Parenthood to prescribe birth control and treat S.T.D.’s? Quinnipiac and CNN polls from earlier this year both found majority support for continuing government financing of Planned Parenthood. There’s also a clear argument against laws like the ones that permit Virginia to regulate abortion clinics like hospitals or that allow Louisiana to immediately close an abortion clinic for any technical rule violation. In making early abortions more burdensome and costly, these laws take aim at the ordinary version of the procedure that women experience and for which support is greatest. In a 2007 poll, Gallup found that twice as many people favor making late-term abortion illegal than favor overturning Roe (72 percent versus 35 percent).

Abortion rights advocates are also trying to prevent South Dakota from mandating that women wait a full 72 hours for an abortion. This comes on the heels of a lawsuit that challenges the requirement that mandatory counseling include the claim that abortion is linked to an increased risk of suicide (there is no reliable evidence to support this). In Casey, the Supreme Court allowed states to impose only a 24-hour waiting period and to require counseling that accurately explained the stages of fetal development. The South Dakota law is far out enough that when I asked Yoest about it, she said only, “That’s not one of our pieces of legislation.” If the battle reaches the Supreme Court, there’s presumably little chance that Justice Kennedy would sign off on requiring doctors to read a script of made-up data posing as facts.

These are precisely the kinds of cases that lawyers in support of reproductive rights should pursue, because they portray abortion foes as radical. The South Dakota fight shows that in the name of protecting women, abortion opponents are willing to demean them — by forcing them to visit a crisis pregnancy center and listen to unsupported medical claims. (According to a 2006 Congressional investigation, most of these centers give out inaccurate information about abortion’s health effects.)

At this point, there seems to be no organized women’s movement to get us off the defensive and put us back on the offensive.  Religious activists have worked hard to ensure that nearly all Republican candidates are not pro-choice.  The entire Republican contingent in the U.S. House of Representatives from a solid anti-choice block.  It’s time for those of us that support a women’s right to make a decision regarding her own body to go on the offensive.  We need to recruit and support more pro-choice candidates.


Late Night Speculation and Outrage

There’s another interesting WikiLeak that’s come to light about high gas prices. It seems that President Bush asked the Saudis to pump extra oil to help relieve market pressure on prices in 2007 and 2008.  The Saudis suggested that Bush tackle the problem by reigning in Wall Street speculation.

When oil prices hit a record $147 a barrel in July 2008, the Bush administration leaned on Saudi Arabia to pump more crude in hopes that a flood of new crude would drive the price down. The Saudis complied, but not before warning that oil already was plentiful and that Wall Street speculation, not a shortage of oil, was driving up prices.

Saudi Oil Minister Ali al Naimi even told U.S. Ambassador Ford Fraker that the kingdom would have difficulty finding customers for the additional crude, according to an account laid out in a confidential State Department cable dated Sept. 28, 2008,

“Saudi Arabia can’t just put crude out on the market,” the cable quotes Naimi as saying. Instead, Naimi suggested, “speculators bore significant responsibility for the sharp increase in oil prices in the last few years,” according to the cable.

What role Wall Street investors play in the high cost of oil is a hotly debated topic in Washington. Despite weak demand, the price of a barrel of crude oil surged more than 25 percent in the past year, reaching a peak of $113 May 2 before falling back to a range of $95 to $100 a barrel.

The Obama administration, the Bush administration before it and Congress have been slow to take steps to rein in speculators. On Tuesday, the Commodity Futures Trading Commission, a U.S. regulatory agency, charged a group of financial firms with manipulating the price of oil in 2008. But the commission hasn’t enacted a proposal to limit the percentage of oil contracts a financial company can hold, while Congress remains focused primarily on big oil companies, threatening in hearings last week to eliminate their tax breaks because of the $38 billion in first-quarter profits the top six U.S. companies earned.

The Saudis, however, have struck a steady theme for years that something should be done to curb the influence of banks and hedge funds that are speculating on the price of oil, according to diplomatic cables made available to McClatchy by the WikiLeaks website.

The Saudis evidently repeatedly warned both the Bush and Obama administration about the roll of Wall Street speculators in the price of oil.

Matt Taibi has also written some about the WikiLeaks information.

The Wiki documents show that the Saudis had long ago concluded that this increased investor flow was a threat to disrupt the markets. An embassy cable from 2007 recounted a meeting U.S. officials had with Yasser Mufti, an Aramco planner. “The Saudi analysts indicated a link between higher oil prices and the influx of investor funds into the oil markets,” it read.

The cables also show that the Saudis urged the Americans to enact reforms to rein in Wall Street, calling for speculative limits and other changes. It also showed that some Saudi officials believed that speculation added as much as $40 to the oil price during the height of the bubble.

All of this is significant because both the Bush administration and the Obama administration have denied this narrative to various degrees. The CFTC only recently admitted that speculation played a role in the 2008 mess, having originally (and stubbornly) blamed supply and demand issues. Subsequent analyses have shown that the Saudi position, that worldwide demand for oil never increased nearly enough to account for the gigantic 2008 price spike, was almost certainly correct.

You have to wonder if the current situation also reflects the lack of will by the last two administrations to reign in Wall Street excess.  Hopefully, this information will get some play in the MSM but I’m not holding my breath.


Friday Reads

Good Morning!

Controversial portions of the Patriot Act were set to expire yesterday unless renewed by congress.  The renewed law was sent to the President in Europe to be signed into law via electronic signature using  an autopen.  The tornado coverage pretty much moved any discussion of the pros and cons of this move out of the public eye.  Here’s some information from Senator Ron Wyden explaining that the government just keeps increasing its ability to spy on its citizens. We never seem to get honest discussions about these topics.

  Wyden (D-Oregon) says that powers they grant the government on their face, the government applies a far broader legal interpretation — an interpretation that the government has conveniently classified, so it cannot be publicly assessed or challenged. But one prominent Patriot-watcher asserts that the secret interpretation empowers the government to deploy ”dragnets” for massive amounts of information on private citizens; the government portrays its data-collection efforts much differently.

“We’re getting to a gap between what the public thinks the law says and what the American government secretly thinks the law says,” Wyden told Danger Room in an interview in his Senate office. “When you’ve got that kind of a gap, you’re going to have a problem on your hands.”

What exactly does Wyden mean by that? As a member of the intelligence committee, he laments that he can’t precisely explain without disclosing classified information. But one component of the Patriot Act in particular gives him immense pause: the so-called “business-records provision,” which empowers the FBI to get businesses, medical offices, banks and other organizations to turn over any “tangible things” it deems relevant to a security investigation.

“It is fair to say that the business-records provision is a part of the Patriot Act that I am extremely interested in reforming,” Wyden says. “I know a fair amount about how it’s interpreted, and I am going to keep pushing, as I have, to get more information about how the Patriot Act is being interpreted declassified. I think the public has a right to public debate about it.”

So, the interesting thing is that Senator Rand Paul held the act up in the Senate with a procedural move.  This turned out to be mostly symbolic as the Patriot Act was eventually renewed.

Freshman Sen. Rand Paul (R-Ky.), a Patriot Act opponent who had used procedural tactics to delay a final vote on the bill for much of the week, eventually worked out a deal with Senate Majority Leader Harry Reid (D-Nev.) to get votes on two of his amendments – but not before Reid accused the libertarian, tea-party darling of “political grandstanding” and trying to protect terrorists.

While Paul’s amendments ultimately failed by wide margins, Republican leaders blocked Senate Judiciary Committee Chairman Patrick Leahy (D-Vt.) from even getting a vote on his bipartisan amendment that would have required greater congressional oversight of the anti-terrorism tools in the law.

Leahy briefly threatened to delay the final vote himself – a rare move for the chairman tasked with shepherding the bill through the Senate. But he later backed off, vowing to introduce his amendment as a stand-alone bill.

“I do feel this really ruins the chances to make the Patriot Act one that could have had far, far greater bipartisan support, and we have lost a wonderful chance,” Leahy said on the Senate floor, “but I understand that we have to do what the Republicans want on this bill.”

The longtime liberal from Vermont voted no and rejected assertions by Republicans that his objections would have been to blame for the Patriot Act provisions expiring, something top Obama administration officials warned could threaten national security during a time of heightened alert.

“There is no conceivable way this thing can get passed and signed by the president anyway [before the provisions expire],” Leahy told two reporters before the vote, unaware that the White House intended to attach the president’s signature via autopen. “So that was the most bogus, damn argument that’s been made in this place today.”

When asked if Reid, his party’s leader, had poorly managed the amendment process, Leahy replied: “I can’t even answer that with a straight face.”

Meanwhile, Republicans in the Senate are trying to stop the current Senate session from going into recess to block any appointment by President Obama of Elizabeth Warren to the CFPB.  There are other recession appointments that could be made by the President but this particular one was being pushed by some liberal senators including Minnesota’s Al Franken.

Some Republicans feared that Obama would use the recess to appoint Elizabeth Warren to head the controversial Consumer Financial Protection Bureau, which will have broad powers over Wall Street.

A coalition of liberal groups has launched a petition pushing for a recess appointment of Warren.

Sen. Jeff Sessions (Ala.), the ranking Republican on the Budget Committee, also threatened to block the Senate’s complete adjournment in order to protest Democrats’ decision not to mark-up a budget blueprint in the panel or bring a Democratic plan to the floor.

To avoid the cumbersome process of holding a vote on the adjournment resolution, Reid opted for the compromise of holding pro-forma meetings next week, GOP sources say.

Additionally, forty-six Republican senators set a letter to  Reid via Sessions asking the majority leader to not adjourn the Senate without the Budget Committee marking up a spending plan.  This was generally seen as a political move to block the appointments instead of being an honest request for budget discussions.

The Supreme Court upheld law aimed at punishing businesses that hire undocumented workers. This was a law that was challenged by the US Chamber of Commerce.  It was called the business death penalty.

The Supreme Court on Thursday gave Arizona and other states more authority to take action against illegal immigrants and the companies that hire them, ruling that employers who knowingly hire illegal workers can lose their license to do business.

The 5-3 decision upholds the Legal Arizona Workers Act of 2007 and its so-called business death penalty for employers who are caught repeatedly hiring illegal immigrants. The state law also requires employers to check the federal E-Verify system before hiring new workers, a provision that was also upheld Thursday.

The court’s decision did not deal with the more controversial Arizona law passed last year that gave police more authority to stop and question those who are suspected of being in the state illegally. But the ruling is likely to encourage the state and its supporters because the court majority said states remained free to take action involving immigrants.

Thursday’s decision is a defeat for the U.S. Chamber of Commerce, several civil-rights groups and the Obama administration, all of whom opposed the Arizona law and its sanctions on employers. They argued that federal law said states may not impose “civil or criminal sanctions” on employers.

Another important judicial decision was made in Wisconsin yesterday when a judge struck down the Wisconsin law that aimed at weakening union membership.  The bill was rushed through to avoid dealing with Democratic Senators who had fled the state to deny a quorum.  The judge ruled the bill’s passage did no meet Wisconsin law for properly passing laws.

In a 33-page decision, Dane County Circuit Judge Maryann Sumi overturned the legislation and ruled that GOP lawmakers broke the state’s open meetings law in passing it March 9 amid raucous protests by union supporters. The legislation would limit collective bargaining to wages for all public employees in Wisconsin, except for police and firefighters, and impose cuts in their health and pension benefits to help balance a massive state budget shortfall.

On March 18, Sumi had placed a temporary hold on the law, but Thursday’s ruling voided it – at least until the Supreme Court decides whether to act in the case.

“It’s what we were looking for,” said Dane County District Attorney Ismael Ozanne, a Democrat, even as he acknowledged the higher court could have the final say.

The ruling – the latest kicker in a tumultuous three and a half months – could push GOP lawmakers to pass the collective bargaining measure again. It also highlights the importance of Supreme Court Justice David Prosser’s election to the sharply divided court following a statewide recount – one that Prosser opponent JoAnne Kloppenburg is still considering whether to challenge. And in a sign of the financial stakes, a legislative panel Thursday voted to drop $30 million in savings from employee benefits that the legislation would have delivered by June 30.

A priest in an Italian archdiocese who is  top adviser to Pope Benedict XVI was arrested May 13 on pedophilia and drug charges in a drug and sex ring investigation.  The priest is also HIV positive.  A retired priest told reporters that he had complained about the offending priest back in 1994.  My guess is that this priest didn’t attend Woodstock.

Father Riccardo Seppia, a 51-year-old parish priest in the village of Sastri Ponente, near Genoa, was arrested last Friday, May 13, on pedophilia and drug charges. Investigators say that in tapped mobile-phone conversations, Seppia asked a Moroccan drug dealer to arrange sexual encounters with young and vulnerable boys. “I do not want 16-year-old boys but younger. Fourteen-year-olds are O.K. Look for needy boys who have family issues,” he allegedly said. Genoa Archbishop Angelo Bagnasco, who is the head of the Italian Bishops Conference, had been working with Benedict to establish a tough new worldwide policy, released this week, on how bishops should handle accusations of priestly sex abuse.

Reports from Libya indicate the use of systematic rape by Ghaddafi forces.  Hundreds of  women in Misratah may have been systematically raped.  Members of the Libyan rebels have offered to marry young girls that have been subjected to these rapes.  Doctors are performing abortions and treating STDs as required.  Counselors who helped during the Bosnia conflict have been sent to the area.

THE young Libyan soldier showed almost no emotion as he described how his unit had raped four sisters, the youngest about 16, after breaking into a home in the besieged port of Misratah.

“My officer sent three of us up to the roof to guard the house while they tied up the father and mother and took the girls to two rooms, two each to a room,” said Walid Abu Bakr, 17.

“My two officers and the others raped the girls first,” he recalled in a monotone, still dressed in the camouflage uniform he was wearing when he surrendered 12 days ago. They were playing music. They called me down and ordered me to rape one of the girls.”

Abu Bakr, from Traghen, a poor southern town, claimed he had been given hashish and was not responsible.

So, last on my reading list is another item from Time Magazine entitled ‘Sex, Lies, Arrogance: What Makes Powerful Men Behave So Badly?’  My answers will sound vaguely familiar.  It’s because they can get away with it.

By now social commentators have the explanations on auto-save: We know that powerful men can be powerfully reckless, particularly when, like DSK, they stand at the brink of their grandest achievement. They tend to be risk takers or at least assess risk differently — as do narcissists who come to believe that ordinary rules don’t apply. They are often surrounded by enablers with a personal or political interest in protecting them to the point of covering up their follies, indiscretions and crimes. A study set to be published in Psychological Sciencefound that the higher men — or women — rose in a business hierarchy, the more likely they were to consider or commit adultery. With power comes both opportunity and confidence, the authors argue, and with confidence comes a sense of sexual entitlement. If fame and power make sex more constantly available, the evolutionary biologists explain, it may weaken the mechanisms of self-restraint and erode the layers of socialization that we impose on teenage boys and hope they eventually internalize.

“When men have more opportunity, they tend to act on that opportunity,” says psychologist Mark Held, a private practitioner in the Denver area who specializes in male sexuality and the problems of overachievers. “The challenge becomes developing ways to control the impulses so you don’t get yourself into self-defeating situations.”

I’ll leave further explanations up to BostonBoomer.  So, that’s my offering for this morning.  What’s on your reading and blogging list today?


It’s still the Economy, and Jobs, and the stupid Bush Tax Cuts

If you do not take a path different from the path that wrecked the economy, the economy will not improve. So, why–for the umpteenth time since I started this blog 3 years ago–do I find myself writing on the same economic dynamics?  Wasn’t there supposed to be a game changing election in there somewhere?

First, we just got the news that jobless claims are up.  The new twist is that corporate profits are down.  It had to happen sooner or later.  There are only so many profits you can wring out of your business by ‘austerity’ measures like lay offs and not ordering as many office supplies.  It’s obvious the ‘Economy is still Struggling’.

Unexpectedly weak consumer spending kept the economy stuck in a slow growth gear in the first quarter and would likely struggle to regain speed amid signs of a slowdown in the pace of job creation.

Data on Thursday showed the economy expanded at an unrevised 1.8 percent annual rate in the first three months of this year, while the number of Americans claiming unemployment benefits unexpectedly rose 10,000 to 424,000 last week.

The rise in jobless claims and the weakness in first-quarter consumer spending, which offset upward revisions to business inventories and investment, set the tone for more lackluster growth this current quarter.

Some businesses were surprised by the weak consumer spending.  Their CEOs need to get out of their offices and country clubs and go see how the other 99 percent lives.  Our wealth is down because our house values keep falling.  We’ve lost at least 2-3 years of returns in our investments and pensions and many folks still haven’t recovered their pre-recession balance.  Gas prices and food prices are taking larger percentages of folks’ budgets.  The very rich are the only ones that can really fling the bucks around at this point and they can go anywhere they want to do that.  They’re not stuck with the offerings at the local strip mall.  We ignore the sluggish labor markets at our own peril.

Business investment–the smallest contributor to the GDP–was up and Government spending was down.  Exports looked better than expected but they are still a very small part of our economy these days.  This is now the seventh straight week that jobless claims were above the 400,000 mark. What is even more remarkable is that the BLS could not name any factor that could be an outlier contributing to this persistent trend.

Meanwhile, the conversation in Washington DC continues to be the Ryan budget and Medicare.  The U.S. Senate voted down the Ryan budget  I was amused by Karl Rove’s WSJ op-ed today that explained that folks would like their plan if it was just put into a populist message.  I guess when you’ve got people buying into such nonsense as decreasing taxes raises tax revenues you get to thinking that you can sell them anything with the right spin on it.   However, George Bush and the Republican Party own the Deficit.  Their cronies should be the ones to pay it down.

The nonpartisan Center on Budget and Policy Priorities has updated research that projects nearly half of public debt in 2019 will be attributable to President George W. Bush’s tax cuts plus the ongoing wars in Iraq and Afghanistan. The tax cuts left the American treasury particularly vulnerable when the financial crisis hit, the CBPP reports: “The events and policies that pushed deficits to these high levels in the near term were, for the most part, not of President Obama’s making. If not for the Bush tax cuts, the deficit-financed wars in Iraq and Afghanistan, and the effects of the worst recession since the Great Depression (including the cost of policymakers’ actions to combat it), we would not be facing these huge deficits in the near term.”

It simply baffles me that we can’t even get the most stalwart Democratic politicians to pay attention to the miserable jobs market.  It’s two years into a Democratic administration.  Where is the will to put America back to work?