Lazy Caturday News and Open Thread

Good Morning All!

The 40th anniversary of the Watergate break-in is coming up on June 17. Bob Woodward and Carl Bernstein published a piece about it in yesterday’s Washington Post.

Today, much more than when we first covered this story as young Washington Post reporters, an abundant record provides unambiguous answers and evidence about Watergate and its meaning. This record has expanded continuously over the decades with the transcription of hundreds of hours of Nixon’s secret tapes, adding detail and context to the hearings in the Senate and House of Representatives; the trials and guilty pleas of some 40 Nixon aides and associates who went to jail; and the memoirs of Nixon and his deputies. Such documentation makes it possible to trace the president’s personal dominance over a massive campaign of political espionage, sabotage and other illegal activities against his real or perceived opponents.

In the course of his five-and-a-half-year presidency, beginning in 1969, Nixon launched and managed five successive and overlapping wars — against the anti-Vietnam War movement, the news media, the Democrats, the justice system and, finally, against history itself. All reflected a mind-set and a pattern of behavior that were uniquely and pervasively Nixon’s: a willingness to disregard the law for political advantage, and a quest for dirt and secrets about his opponents as an organizing principle of his presidency.

Long before the Watergate break-in, gumshoeing, burglary, wiretapping and political sabotage had become a way of life in the Nixon White House.

What was Watergate? It was Nixon’s five wars.

The Post also provides links to it’s coverage of the Watergate Scandal back in the good old days when the press believed in exposing government corruption. Today, the Post admits that “investigative journalism is at risk.”

Remember this?

The sad thing about Watergate is that if it happened today there wouldn’t be any investigation or arrests. We’d be told to move along, look forward not backward.

To see how things work today, you can read the White House e-mails that detail President Obama’s sellout to the pharmaceutical industry on health care. Apparently this one was leaked by House Republicans. Down With Tyranny has some good commentary.

um…huh? Must have dropped off for a second there. Let’s see what else is happening.

At the San Francisco Chronicle, Jeff Brinkley, a former New York Times foreign correspondent, now a Professor of Journalism at Stanford University finds Mitt Romney’s foreign policy positions deeply disturbing. He thinks it’s highly problematic that Romney has no experience and seemingly no knowledge about foreign policy. Brinkley notes that Obama already had to learn on the job, and now the Republicans have nominated another foreign policy naif who may be even less prepared than Obama was.

Romney…declared a couple of months ago that “Russia is America’s No. 1 geopolitical foe.” What nonsense. The U.S.-Russia relationship is a bit strained, but what about Iran, North Korea, Pakistan? Every one of those states poses a strategic threat that Russia does not.

“Immediately, speculations surfaced that the former governor of Massachusetts continues to live in a Cold War world and has few, if any, insights about American foreign policy,” Klaus Larres, a German American academic, wrote for the American Institute for Contemporary German Studies. And former Russian President Dmitry Medvedev told Romney to use his head and “check the time. It’s now 2012, not the mid-1970s.”

His advice on Afghanistan has been no better. Repeatedly he has called the plan to gradually withdraw forces “misguided” and “an extraordinary admission of failure.”

In the past, Romney has asserted that the United States and NATO need to defeat the Taliban before leaving. That has been the goal for nearly 11 years, and NATO is no closer today. The most recent National Intelligence Estimate asserts that the war is unwinnable as long as the Taliban maintains a safe haven in Pakistan and the Afghan government continues its corrupt, malevolent and counterproductive ways.

I wonder if Romney knows that one-third of the Western forces killed in Afghanistan so far this year died at the hands of Afghan soldiers they were training or leading.

There’s lots more at the link.

Charles Pierce is talking about “PUMA-ism” again, but I’ll forgive him because of this description of Obama’s defensive behavior of late:

In many ways, this president reminds me of the truck drivers in The Wages of Fear, trying to get the nitroglycerine over the mountains with blowing themselves all to hell and gone. In so many ways, he is still outside of things. In so many ways, he is still the flyer the Democratic party took in 2008. In so many ways, the path he has to walk to re-election is similar to the path he has had to walk through his life. It was hard not to notice the subtext present in all those earnest warnings about hurting the fee-fees of our financial titans. The president was stepping out of his place. The president was being uppity again.
This is also the case with what is perhaps the most noxious idea out there: that Barack Obama “failed” in his promise to “bring the country together,” and that he is now — Glorioski! — campaigning like he wants to be president all over again. He is engaging in politics. Mother of mercy, I swear David Brooks is just going to break down and go all to pieces on PBS some evening over the president’s betrayal of his role as the country’s anodyne black man and, of course, his upcoming role as black martyr to incivility and discord. It is his duty, dammit, to be all the things that people like Brooks wanted him to be so that he could lose, nobly, and then the country could go back to its rightful owners.

The Wages of Fear: now that was a great movie!

At Time, Tim Pagett has an excellent piece called The Catholic Contraction.

If you want some perspective on just how benighted the Roman Catholic Church looks today on the subject of women, consider Hildegard of Bingen. Hildegard was a German Benedictine nun in the 12th century and a leading feminist writer of her time. But even though that time was the 1100s, the Vatican rarely hassled her for asserting that men and women are equal — that God’s true nature, in fact, is maternal — or that nonprocreative sexual pleasure is O.K.

In the 21st century, however, Hildegard would no doubt receive the same censure that Sister Margaret Farley is facing this week after the Vatican denounced her book Just Love: A Framework for Christian Sexual Ethics. Farley, a Sisters of Mercy nun, a retired Yale divinity professor and a past president of the Catholic Theological Society of America, condones practices that have been morally acceptable to most U.S. and European Catholics for quite a while, including divorce, homosexuality, nonprocreative intercourse and masturbation. But Rome’s doctrinal bulldogs are sternly reminding her that those acts are “disordered,” “deviant” and “depraved.”

Sadly, it’s the church that’s looking unhinged these days. The Vatican was apparently just warming up in 2010 when it declared, astonishingly, that ordaining females into the all-male Catholic priesthood would be a “grave sin” on par with even pedophilia. Since then, as if scapegoating women for the escalating dissent among Catholics toward its hoary dogma, the church seems to have embarked on a misogynist’s crusade. Its legal assault on the Obama Administration’s requirement that Catholic institutions like colleges and hospitals make contraception available to female employees as part of their health coverage is, ultimately, less about religious freedom than about women’s freedom. Then there’s the U.S. bishops’ absurd probe of whether the Girl Scouts are selling feminist theology as well as fattening thin mints — and Rome’s accusation of “radical feminism” within the Leadership Conference on Women Religious (LCWR), which represents most of the U.S. nuns doing genuinely Christ-inspired work with the poor and the sick.

In science news,

NASA has discovered "a massive algae bloom under the slowly diminishing Arctic ice."

The same year that NASA researchers launched the Icescape expedition to the Arctic — the project that resulted in NASA’s astounding new discovery — there was a dire report on the world’s phytoplankton.

A Canadian team said in the journal Nature, as The Times reported in July 2010, that the world’s phytoplankton had been disappearing at a rate of about 1% a year for the previous 100 years.

“A global decline of this magnitude? It’s quite shocking,” Daniel Boyce, Dalhousie University marine scientist and lead author of the 2010 study, told The Times.

Phytoplankton — the basis of the marine food chain — “are key to the whole ecosystem,” he said. “In terms of climate changes, the effect on fisheries, we don’t know exactly what these effects will be.”

Could his latest discovery of a mass of phytoplankton in the Arctic signal a turnaround for this crucial organism?

The jury’s out. But it’s a question scientists will be pursuing, according to Paula Bontempi, NASA’s ocean biology and biogeochemistry program manager in Washington.

I think I need another little break.

Okay, back. Wouldn’t you know it? Addicting Info: Koch Brothers Linked To Florida Voter Purge

Former Secretary of State Kurt Browning worked with [Gov. Rick] Scott on the purge. Just before Scott selected Browning as Secretary in 2011, Browning led a group, Protect Your Vote Inc., which was created to oppose fair redistricting. One of the biggest checks that Browning’s organization received for $100,000 in 2010 was from the Center To Protect Patients’ Rights. At the time of the donation, the source of the money was cloaked in secrecy.

Last month, Republic Report exclusively reported that Center To Protect Patients’ Rights is part of a collection of front groups funded by David and Charles Koch as well as other billionaires as part of an election-influencing effort. The Koch Brothers plan to use these front groups to finance $400 million of a $1 billion campaign in outside money to defeat President Obama as well as defeating congressional Democrats. Mitt Romney’s Super Pac and many other nonprofits run by Karl Rove will supply the other $600 million needed to accomplish their goal.

Here’s Here’s something I missed this week: 

Pranksters ‘Jiggly Puff,’ ‘Weedlord Bonerhitler’ sign anti-’Obamacare’ petition.

When the National Republican Congressional Committee (NRCC) set about thinking how to engage the Internet in new and unique ways, it probably did not occur to them that sometimes, the Internet tends to engage you right back.

That misunderstanding apparently led to an NRCC petition drive this week seeking to trump up the number of people who want to see “Obamacare” repealed. Unfortunately for them, it all went horribly, hilariously awry on Thursday night after they hooked an office printer up to the Twitter hashtag #IWantRepeal, then turned on a live video stream.

It was not long before NRCC staff completely lost control and were forced to pull the plug.

In almost no time at all, their printer was spitting out pages of petitions signed by “Weedlord Bonerhitler,” “Jiggly Puff,” “Boner Junkmonkey,” “Pointless Empty Gesture,” “Turd Sniffer,” “Like 20 more boners” and “HelpI’mStuckInThisPrinter,” among many, many others. Screen shots of this Twitter debacle and links to the live video began circulating almost immediately.

Okay, I’ll sign off with this:

“How we behave toward cats here below determines our status in heaven.” – Robert A. Heinlein


Deval Patrick Gets It Just Right on Romney’s Record

Massachusetts Governor Deval Patrick appeared on Meet the Press this morning. I haven’t seen the whole program; but from what I’ve read about it along with what Patrick has said about Mitt Romney in other interviews, I think he’s getting it just right. Here’s what he said on MTP, according to The Boston Globe:

Patrick, a co-chairman of Obama’s reelection campaign, said the presumptive Republican presidential nominee had a poor record of job growth as governor, repeating the familiar statistic that Massachusetts ranked 47th in the nation in that category when Romney was in office.

But, Patrick said, that “doesn’t mean he was a failure as governor.”

Really? What specifically did Romney do well as governor? Why he signed the nation’s first universal health care law and pushed for the individual mandate that citizens must purchase health insurance. Patrick knows full well that Romney doesn’t want to be praised for that accomplishment. Every Obama surrogate should hammering health care achievement home, again and again. Back to the Globe article:

Host David Gregory asked the governor to respond to former President Bill Clinton’s statement Thursday that “there’s no question that in terms of getting up and going to the office and basically performing the essential functions of the office, the man who has been governor and had a sterling business career crosses the qualification threshold.”

Gregory suggested Clinton’s remarks undercut one of Obama’s major arguments.

“It undercuts the spin on the argument that the president has made,” Patrick replied. “The president has never attacked Bain. It’s not about Bain. It’s never been. Bain’s a fine company.”

Really? What’s it about then?

“He had a terrific career creating wealth,” Patrick said. “There is very little evidence that, either in the public or the private sector, he’s had a terrific career creating jobs.”

The corporate media is comparing Patrick’s approach to what Cory Booker said previously on MTP. But I think they’re wrong. More Obama surrogates should follow Patrick’s lead. Sure, Bain is a terrific company and Romney deserves credit for his role in building the business. But at Bain and as governor, Romney didn’t create jobs. But, hey…he led the way to socialized medicine in Massicusetts! Isn’t that great?

Here’s an opinion piece that Patrick wrote for CNN a couple of days ago. In it he spells out a very clear argument against Romney as POTUS. Of course he leads with Romney’s failure to create jobs in the state. Everyone knows by now that Massachusetts ranked 47th among the states in job creation.

and that was in relatively good economic times. Real wages declined (while rising across the nation). Instead of helping workers and small businesses adjust to changes in the global economy, Romney cut critical work force training programs and millions in economic development funds. Instead of promoting Massachusetts to attract jobs, he used the state as a punchline on the national Republican political circuit.

When Patrick took office he had to clean up Romney’s messes.

He left behind a bureaucracy whose work force grew during his term, an unsustainable public pension system and a culture of poor accountability throughout state government.

Young people and jobs were leaving our state. Our roads and bridges were crumbling, and his Republican predecessors’ poor oversight of the infamous Big Dig project in downtown Boston resulted in billions of dollars of cost overruns, substandard workmanship and debilitating debt that he made no effort to remedy.

In the face of budget challenges, what did Romney do? He raised nearly every fee and surcharge that didn’t bear the title “tax” and cut funding for the schools. In a state where education is our calling card, Romney was responsible for the second largest per pupil cut in education funding in America during his second year in office.

Sure Romney’s a nice guy, Patrick says, and he was very successful in business. But in his only time in office Romney failed to create jobs or stimulate the economy. Why did this happen?

Romney sincerely believes that people are better off on their own: on their own to deal with their unemployment; with under-resourced public schools and no way to pay for college; with neglected infrastructure; with a job market that needs skills they didn’t have. He does not fundamentally believe that government should help people help themselves. And he has a record as governor of Massachusetts to demonstrate how much damage his leadership does to people, their families and our future.

Finally, here’s a recent interview that Patrick did with John King in which he makes similar arguments.

I think the Obama campaign should have their other surrogates emulate Deval Patrick’s approach–call it hitting Romney with a velvet glove that has a steel lining. You don’t have to yell and scream to get your message across. Patrick is calm, cool, and collected. He’s not “nauseated” by attacks on Bain or private equity, like Corey Booker. He doesn’t call Romney’s career at Bain “sterling,” like Bill Clinton did. He explains why Romney’s career at Bain is irrelevant to job creation, while his time as Governor is. And he strongly praises the one achievement Romney doesn’t want to talk about: health care reform.

I don’t know if this can all be boiled down to a 30-second sound byte, but Deval Patrick is coming pretty close with this:

“He had a terrific career creating wealth,” Patrick said. “There is very little evidence that, either in the public or the private sector, he’s had a terrific career creating jobs.”

The Obama campaign should keep Patrick front and center, hammering home the message that Romney knows nothing about job creation–and in fact really doesn’t care about it–but he sure deserves all the credit in the world for leading his state to universal health care.


Thursday Reads

Good Morning!! I’ve got a mixed bag of reads for you this morning, so I hope there will be something her to interest you.

Did you see the piece in The New York Times on Obama’s “secret kill list?” Very creepy. The article makes it clear that President Obama is actively engaged in decisions about which “terrorists” to target with drone attacks.

Mr. Obama is the liberal law professor who campaigned against the Iraq war and torture, and then insisted on approving every new name on an expanding “kill list,” poring over terrorist suspects’ biographies on what one official calls the macabre “baseball cards” of an unconventional war. When a rare opportunity for a drone strike at a top terrorist arises — but his family is with him — it is the president who has reserved to himself the final moral calculation.

“He is determined that he will make these decisions about how far and wide these operations will go,” said Thomas E. Donilon, his national security adviser. “His view is that he’s responsible for the position of the United States in the world.” He added, “He’s determined to keep the tether pretty short.”

At Slate, William Saletan breaks down the problems with the Times story and explains why the supposedly strict rules for choosing which people to target are really pretty meaningless.

To understand the Times story, you have to go back to a speech given last month by John Brennan, Obama’s counterterrorism adviser. Brennan argued that the administration was waging drone warfare scrupulously. He described a rigorous vetting process. The Times report, quoting some officials and paraphrasing others, largely matches Brennan’s account. But on two key points, it undermines his story. The first point is target selection. Brennan asserted:

The president expects us to address all of the tough questions. … Is this individual a significant threat to U.S. interests? … Our commitment to upholding the ethics and efficacy of this counterterrorism tool continues even after we decide to pursue a specific terrorist in this way. For example, we only authorize a particular operation against a specific individual if we have a high degree of confidence that the individual being targeted is indeed the terrorist we are pursuing. This is a very high bar. … Our intelligence community has multiple ways to determine, with a high degree of confidence, that the individual being targeted is indeed the al-Qaida terrorist we are seeking.

The rules sound strict. But reread the fourth sentence: “We only authorize a particular operation against a specific individual if we have a high degree of confidence that the individual being targeted is indeed the terrorist we are pursuing.” The phrase “against a specific individual” hides the loophole. Many drone strikes don’t target a specific individual. To these strikes, none of the vetting rules apply.

At Salon, Jefferson Morley explores the death of one little girl who was “collateral damage” in one of Obama’s drone strikes in Pakistan in 2010.

Around midnight on May 21, 2010, a girl named Fatima was killed when a succession of U.S.-made Hellfire missiles, each of them five-feet long and traveling at close to 1,000 miles per hour, smashed a compound of houses in a mountain village of Mohammed Khel in North Waziristan along the Afghanistan-Pakistan border. Wounded in the explosions, which killed a half dozen men, Fatima and two other children were taken to a nearby hospital, where they died a few hours later.

Behram Noor, a Pakistani journalist, went to the hospital and took a picture of Fatima shortly before her death. Then, he went back to the scene of the explosions looking for evidence that might show who was responsible for the attack. In the rubble, he found a mechanism from a U.S.-made Hellfire missile and gave it to Reprieve, a British organization opposed to capital punishment, which shared photographs of the material with Salon. Reprieve executive director Clive Stafford Smith alluded to the missile fragments in an Op-Ed piece for the New York Times last fall. They have also been displayed in England.

“Forensically, it is important to show how the crime of murder happened (which is what it is here),” said Stafford Smith in an email. “One almost always uses the murder weapon in a case. But perhaps more important, I think this physical proof — this missile killed this child — is important to have people take it seriously.”

Tuna that is contaminated with Fukushima radiation has shown up in California.

Bluefin tuna contaminated with radiation believed to be from Fukushima Daiichi turned up off the coast of California just five months after the Japanese nuclear plant suffered meltdown last March, US scientists said.

Tiny amounts of cesium-137 and cesium-134 were detected in 15 bluefin caught near San Diego in August last year, according to a study published on Monday in the journal Proceedings of the National Academy of Sciences.

The levels were 10 times higher than those found in tuna in the same area in previous years but still well below those that the Japanese and US governments consider a risk to health. Japan recently introduced a new safety limit of 100 becquerels per kilogram in food.

The timing of the discovery suggests that the fish, a prized but dangerously overfished delicacy in Japan, had carried the radioactive materials across the Pacific Ocean faster than those conveyed by wind or water.

There’s a new smartphone for those in Japan who want to know if they are in a “radiation hotspot.”

Mobile phone operator Softbank Corp said on Tuesday it would soon begin selling smartphones with radiation detectors, tapping into concerns that atomic hotspots remain along Japan’s eastern coast more than a year after the Fukushima crisis….

The smartphone in the company’s “Pantone” series will come in eight bright colors and include customized IC chips made by Sharp Corp that measure radiation levels in microsieverts per hour.

The phone, which goes on sale this summer, can also keep track of each location a user tests for radiation levels.

And get this– NASA says that the earthquake and tsunami in Japan “disturbed the upper atmosphere.”

The massive earthquake and tsunami that hit Fukushima, Japan, last year wreaked havoc in the skies above as well, disturbing electrons in the upper atmosphere, NASA reported.

The waves of energy from the quake and tsunami that were so destructive on the ground reached into the ionosphere, a part of the upper atmosphere that stretches from about 50 to 500 miles (80 to 805 km) above Earth’s surface.

Greg Sargent discusses the surreal double-standard that Romney is using to compare his record in Massachusetts with Obama’s record as President.

You really couldn’t make this one up if you tried.

The Romney campaign is out with a new press release blasting Obama for presiding over a “net” loss in jobs. As I’ve been saying far too often, this metric is bogus, because it factors in the hundreds and hundreds of thousands of jobs the economy was hemorrhaging when Obama took office, before his policies took effect.

But this time, there’s an intriguing new twist in the Romney campaign’s argument.

In the same release attacking Obama over “net” job loss, the Romney camp also defends Romney’s jobs record as Governor of Massachusetts by pointing out … that Romney inherited a state economy that was losing jobs when he took office.

Seriously.

Check it out.

At Alternet, Steven Rosenfeld lists “five reasons the ‘Geezer Empire’ of Billionaire Republicans Are Showering Romney With Cash.” I’m can’t really excerpt this one. You need to go read the article for yourself.

The British supreme court found that Julian Assange must be extradited to Sweden, but in a surprise reversal, Assange has been given 14 days to “consider a challenge to the judgment.”

Julian Assange’s fight against extradition to Sweden may stagger on to a second round at the supreme court after he was granted permission to submit fresh arguments.

Despite losing by a majority of five to two, his lawyers have been given 14 days to consider whether to challenge a central point of the judgment on the correct interpretation of international treaties.

The highly unusual legal development came after the supreme court justices decided that a public prosecutor was a “judicial authority” and that therefore Assange’s arrest warrant had been lawfully issued.

Assange, who is wanted in connection with accusations of sexual assault and rape in Sweden, was not in court; there was no legal requirement for him to be present. According to his solicitor, Gareth Peirce, he was stuck in central London traffic and never made it to the court in Westminster. Assange denies the accusations.

At The Daily Beast, Malcolm Jones discusses how American culture has changed such that Bob Dylan has received the Presidential Medal of Freedom. Jones points out that very few folk or rock musicians have been so honored. Certainly, Dylan is a “game changer”:

You don’t have to like or admire Dylan to admit that he was a game changer. He made folk music hip. He made rock lyrics literate or, put another way, he made his audience pay attention to lyrics because he made them mean something. He blew a hole in the notion that radio hits have to clock in at less than three minutes. He proved that you can stand on a stage with just a guitar and not much of a voice and hold people’s attention for, oh, about five decades. By the way you can read affordable guitar reviews at topsevenreview.com if you want. He wrote songs in his 20s that he can still sing today without a trace of embarrassment.

Dylan was distinctly an outsider, and there he remained for quite a while. It’s juvenile fun watching old press conferences when reporters did finally come calling later in the decade. The questions are so dorky. But what you realize is that the national press at that time had almost no one in its ranks that we would recognize as music writers. Most of the reporters sent to interview Dylan were 40-somethings in suits who treated him like Chubby Checker, just another flash in the pan phenom to be indulged. Instead, they found a musician who was the smartest man in any room, and someone who was more than happy to make fun of them (“You walk into the room, with your pencil in your hand …”).

The point is, in the mid-60s there really was an establishment and an anti-establishment (to be upgraded to a counterculture in a couple of years), and no one doubted which side of the line Dylan stood on. Back then, there were bitter fights over high culture and low, insiders and outsiders, and who got to say who was who. In 1965, the Pulitzer board refused to give a prize to Duke Ellington.

Over the years, all of that has more or less collapsed in on itself. Pulp fiction writers are in the American canon. Brian Wilson is understood to be a great American artist and not merely a great pop songwriter. The times did change, and Dylan was in the thick of making it happen.

But perhaps most telling is that Dylan is an old man now; his age is the one thing he has in common with others who have received the medal, but Jones says:

It’s cheap and easy to say that Dylan is now a member of the establishment. It’s also wrong, because there is no longer an establishment as we once knew it. And Dylan and his music had everything to do with that.

Interesting. So I’ll end with this:

What are you reading and blogging about today?


Thursday Reads: Romney’s Lies, Debt Ceiling Showdown, and Dimonfreude

Good Morning!

On Tuesday night I wrote a brief post about the bizarre speech Mitt Romney gave in Des Moines, Iowa earlier that day. I was struck by Romney’s childish effort to get at President Obama by talking about Bill Clinton’s economic policies and claiming that Obama must have ignored those policies because he has some kind of grudge against both Clintons. It was so strange and off key that I thought Romney sounded like a crotchety old busybody gossiping over the backyard fence.

I didn’t really even go into the many baldfaced lies Romney told in the speech–I guess I’ve become so accustomed to his total refusal to confine himself to reality as it is that I almost don’t notice it anymore. Basically, Romney attacked Obama the deficit that was primarily created by Bush, and made his usual claims that he (Romney) will be able to cut taxes by 20 percent, increase defense spending, and at the same time magically balance the budget and dramatically reduce unemployment. Only a moron would buy what he’s selling.

Yesterday, a number of bloggers commented on that speech, so I thought I’d share some of those reactions in this morning’s reads.

Steve Benen at Maddowblog: A peek into an alternate reality.

Mitt Romney delivered a curious speech in Iowa yesterday, presenting his thoughts on the budget deficit, the debt and debt reduction, which is worth reading if you missed it. We often talk about the problem of the left and right working from entirely different sets of facts, and how the discourse breaks down when there’s no shared foundation of reality, and the Republican’s remarks offered a timely peek into an alternate reality where facts have no meaning.

Even the topic itself is a strange choice for Romney. If the former governor is elected, he’ll inherit a $1 trillion deficit and a $15 [trillion] debt, which he’ll respond to by approving massive new tax cuts and increasing Pentagon spending. How will he pay for this? No one has the foggiest idea.

In other words, the guy who intends to add trillions to the debt gave a speech yesterday on the dangers of adding trillions to the debt.

Benen says he doesn’t believe Romney is “stupid,” but he must be “operating from the assumption that voters are stupid.” I’d say that’s true. I think Romney believes that he’s much smarter and more worthy than just about anyone and that poor and middle-class people are beneath contempt.

Jonathan Cohn at The New Republic: Romney’s Make-Believe Story on the Economy. Cohn writes about Romney’s claims that Obama’s failure to reduce the deficit is the cause of the “tepid recovery,” unemployment, and the struggles of seniors to get by on fixed incomes.

Note the way Romney establishes cause and effect here: Obama’s contribution to higher deficits are the reason more people can’t get work and more seniors can’t make ends meet right now. This is an audacious claim and, while I’m no economist, I’m pretty sure it places Romney on the outer edges of the debate among mainstream scholars.

I know of serious conservatives who think the Recovery Act, which has increased deficits temporarily, didn’t ultimately do much to create jobs in the near term. And I know of serious conservatives who think that creating jobs now wasn’t worth the long-term downside of adding to the federal debt, however incrementally. Both viewpoints seem to represent minority views, if a recent University of Chicago survey of leading economists is indicative. But the arguments have at least some logic to them.

But Romney’s suggestion that unemployment today is a consequence of Obama’s contribution to the deficit (real or imagined) requires further leaps of logic. You’d have to argue, for example, that extensions of unemployment benefits have reduced incentives to work (despite research to the contrary) and that such negative effects substantially outweigh the positive effects of traditional stimulus measures. It’s not impossible to make this case. I think Casey Mulligan, also of the University of Chicago, has written things along these lines for the New York Times. But, unless I’m missing something, that argument is even more marginal than suggestions the Recovery Act didn’t help at all.

I suspect that even Cohn’s effort to make sense of Romney’s fantasy economic theory will have Dr. Dakinikat pulling her hair out.

Jonathan Chait at New York Magazine: Romney’s Budget Fairy Tale.

In the real world, the following things are true: The budget deficit was projected to top $1 trillion even before President Obama took office, and that was when forecasters were still radically underestimating the depth of the 2008 crash. Obama did propose temporary deficit-increasing measures, an economic approach endorsed in its general contours, if not its particulars, by Romney’s economists. These measures contributed a relatively small proportion to the deficit, and their effect is short-lived. Obama instead focused on longer-term measures to reduce the deficit, including comprehensive health-care reform projected to reduce deficits by a trillion dollars in its second decade. Obama put forward a budget plan that would stabilize the debt as a percentage of the economy. Obama has hoped to achieve deeper long-term deficit reduction by striking bipartisan deals with Congress, and he has tried to achieve this goal by openly endorsing a bipartisan deficit plan in the Senate and privately agreeing to a more conservative plan with John Boehner, both of which were killed by Republican opposition to any higher revenue.

But Romney doesn’t seem to live in the real world, and Chait suggests that Romney either doesn’t understand how deficits work or doesn’t care if what he says makes any sense at all.

In Romney’s telling, the terms debt and spending are essentially interchangeable. When presented with Obama’s position — that the solution to the debt ought to include both higher taxes and lower spending — he rejects it out of hand. Naturally, Romney has admitted before that his budget plan “can’t be scored.” It’s an expression of conservative moral beliefs about the role of government. While loosely couched in budgetary terms, Romney is expressing an analysis that resides outside of, and completely at odds with, mainstream macroeconomic forecasting and scoring assumptions.

At the Plum Line, Greg Sargent discusses How Mitt Romney gets away with his lying.

If you scan through all the media attention Romney’s speech received, you are hard-pressed to find any news accounts that tell readers the following rather relevant points:

1) Nonpartisan experts believe Romney’s plans would increase the deficit far more than Obama’s would.

2) George W. Bush’s policies arguably are more responsible for increasing the deficit than Obama’s are.

Oh, sure, many of the news accounts contain the Obama campaign’s response to Romney’s speech; the Obama campaign put out a widely-reprinted statement arguing that Romney’s plans would increase the deficit and that he’d return to policies that created it in the first place.

But this shouldn’t be a matter of partisan opinion. On the first point, independent experts think an actual set of facts exists that can be used to determine what the impact of Romney’s policies on the deficit would be. And according to those experts, based on what we know now, Romney’s policies would explode the deficit far more than Obama’s would.

Obviously, the problem is the obsequious corporate media. But the Romney campaign makes it impossible for even the few remaining serious reporters to question his policies by keeping the candidate completely insulated from the press except for occasional appearances on Fox News and lightweight network morning shows like Good Morning America. Yesterday, Politico reprinted tweets from several reporters who were “physically” blocked from talking to Romney on a rope line.

Speaking of Republican ignorance of basic economics, House Republicans are gearing up for another pitched battle on increasing the debt ceiling. Speaker John Boehner met with President Obama at the White House today and they “clash[ed] over” increasing the debt limit, according to The Hill.

The president convened the meeting of the bipartisan congressional leadership to discuss his “to-do list” for Congress, but an aide to the Speaker said the bulk of the meeting was spent on other issues, including a pile-up of expiring tax provisions and the next increase in the federal debt limit.

Boehner asked Obama if he was proposing that Congress increase the debt limit without corresponding spending cuts, according to a readout of the meeting from the Speaker’s office. The president replied, “Yes.” At that point, Boehner told Obama, “As long as I’m around here, I’m not going to allow a debt-ceiling increase without doing something serious about the debt.”

Shortly after the meeting, White House press secretary Jay Carney told reporters that the president warned the leadership that he would not allow a repeat of last August’s debt-ceiling “debacle,” which led to a downgrade in the U.S. credit rating.

Sigh……

In a related story, there’s this piece at Wonkblog about the Pete Peterson summit and how Democrats talked long-windedly about cutting “entitlements,” and Republican refused to talk about tax increases. Read it and weep. I’m not even going to quote from it, because it’s too damn depressing.

So far Jamie Dimon seems to have survived the $2 billion loss recently suffered by J.P. Morgan.

The CEO of JPMorgan Chase survived a shareholder push Tuesday to strip him of the title of chairman of the board, five days after he disclosed a $2 billion trading loss by the bank.

CEO Jamie Dimon also won a shareholder endorsement of his pay package from last year, which totaled $23 million, according to an Associated Press analysis of regulatory filings.

Dimon, unusually subdued, told shareholders at the JPMorgan annual meeting that the company’s mistakes were “self-inflicted.” Speaking with reporters later, he added: “The buck always stops with me.”

Yeah, right. The buck will stop with the taxpayers if Dimon’s bank ultimately crashes and burns. Bill Moyers asked economist Simon Johnson about that.

Moyers: I was just looking at an interview I did with you in February of 2009, soon after the collapse of 2008 and you said, and I’m quoting, “The signs that I see… the body language, the words, the op-eds, the testimony, the way these bankers are treated by certain congressional committees, it makes me feel very worried. I have a feeling in my stomach that is what I had in other countries, much poorer countries, countries that were headed into really difficult economic situations. When there’s a small group of people who got you into a disaster and who are still powerful, you know you need to come in and break that power and you can’t. You’re stuck.” How do you feel about that insight now?

Johnson: I’m still nervous, and I think that the losses that JPMorgan reported — that CEO Jamie Dimon reported — and the way in which they’re presented, the fact that they’re surprised by it and the fact that they didn’t know they were taking these kinds of risks, the fact that they lost so much money in a relatively benign moment compared to what we’ve seen in the past and what we’re likely to see in the future — all of this suggests that we are absolutely on the path towards another financial crisis of the same order of magnitude as the last one.

A number of shareholders have sued Dimon over the losses, according to Bloomberg (via the SF Chroncle). And of course lots of people are gloating over Dimon’s getting temporarily knocked off his pedestal. Jena McGregor writes in the WaPo:

It’s being called Dimonfreude.

There are barely disguised smirks emanating from the canyons of Wall Street and the business press over the fact that Jamie Dimon has had to admit a mistake — and a whale of one, for that matter.

For years, the JPMorgan CEO (and America’s least-hated banker, as he was known) has worn a halo over those pinstripes. Dimon has been called President Obama’s “favorite banker”. Institutional Investor magazine has called him the country’s best CEO for two years running. And his actions during the financial crisis have been painted in patriotic terms: Press reports said he “answered the call” from then-FDIC chairman Sheila Bair to buy Washington Mutual, one of two banks he scooped up during the financial meltdown, and he has cited a patriotic duty to a country in crisis as why he took in $25 billion in government aid.

Yet now, Dimon is in the hot seat as JPMorgan confronts a $2 billion trading loss and the early stages of a criminal probe by the Justice Department.

Finally, some sad news: Estranged Wife of Robert F. Kennedy Jr. Is Found Dead at Home in Westchester

Mary R. Kennedy, the estranged wife of Robert F. Kennedy Jr., was found dead on Wednesday at the family’s home in Bedford, N.Y. She was 52.

Ms. Kennedy’s death was confirmed in a statement from her family, who did not comment on the circumstances. The Bedford Police Department said only that it had investigated a “possible unattended death” in an outbuilding at the home.

Her lawyer, Kerry A. Lawrence, would not say whether foul play was suspected. Kieran O’Leary, a spokesman for Westchester County, said an autopsy was scheduled for Thursday morning.

Born Mary Richardson, Ms. Kennedy joined one of America’s foremost political families in 1994, in a marriage ceremony aboard a boat on the Hudson River, near Stony Point, N.Y. At the time, she was an architectural designer at Parish-Hadley Associates in New York.

Those are my suggested reads for today. What are you reading and blogging about?


Tuesday Reads

Good Morning!! Let’s get right to the news. Yesterday wasn’t a big political news day here in the U.S. The President appeared on The View and talked about gay marriage and the Kardashians. He also pandered to young women at Barnard.

The Obama campaign released a new ad highlighting Mitt Romney’s career as a corporate “vampire” at Bain Capital.

The Obama campaign ad focuses on Bain Capital’s misadventures with GST steel of Kansas City and features former steelworkers describing what they saw between the time Bain bought the firm in 1993 and filed to put it in bankruptcy in 2001. (Romney left Bain in 1999).

“It was like a vampire. They came in and sucked the life out of us,” says one of the men. “What Bain Capital did was not capitalism, it was bad management,” says David Foster, lead negotiator for workers at GST Steel. Former steelworker Joe Soptic accuses Bain of cutting corners on safety, saying “it was like working in the sweatshops of the ’30s,” and that watching the plant close was “like watching an old friend bleed to death.”

The campaign also set up a new website to provide information about “Romney economics.”

Ron Paul announced that he won’t compete in any of the remaining primaries, but he still plans to compete with Mitt Romney for delegates to the Republican convention.

Ron Paul, the congressman from Texas and a favorite of tea partyers, effectively ended his presidential campaign Monday but urged his fervent supporters to continue working at the state party level to cause havoc for presumptive Republican nominee Mitt Romney.

In an email to supporters, Paul urged his libertarian-leaning backers to remain involved in politics and champion his causes despite the apparent end of his presidential aspirations. Paul has found success in wrecking the selection process for delegates to the party’s late-summer nominating convention in Tampa, Fla., and trumpeted that he has delayed Romney’s expected nomination….

Paul’s supporters have proved successful in winning state GOP conventions in places such as Maine and Nevada. His supporters in Iowa and Nevada were chosen to lead the state central parties.

Over the weekend, Paul’s supporters managed to boo Mitt Romney’s son Josh off the stage at the Arizona state Republican convention.

Hundreds of state GOP members were gathered at Grand Canyon University to elect delegates for the national convention in July in Tampa, Fla., which is expected to select Mitt Romney as the official Republican nominee to challenge President Obama.

“We cannot afford four more years of President Obama,” said Josh Romney, the third of Mitt Romney’s five sons. “We need someone to step in there and turn things around.”

But Josh Romney had to stop repeatedly as people booed and yelled for Paul, who has continued campaigning in the Republican primary.

What is Ron Paul up to? At HuffPo, Stewart J. Lawrence suggests that Paul may be trying to set up his son Rand Paul to become Romney’s vice presidential choice. Or perhaps he just wants a speaking role at the Convention and input into the party platform. In any case, Romney may have to deal with Ron Paul at some point.

So it was a pretty quiet day in the U.S., but not in Europe, where Greece is teetering on the brink of destruction and threatening to pull all of the Eurozone down with it. From the Washington Post: Greek deadlock heightens fears of full European economic crisis.

Political deadlock in Greece rattled world markets Monday, reviving fears that the fractious Mediterranean country could spurn an international bailout, abandon the common European currency and risk a fresh round of world economic turmoil.

European stock indexes fell, with Greece’s market now at a 20-year low, while the euro currency continued a recent decline against the dollar. U.S. stocks also fell.

Coming only days before the leaders of the world’s Group of Eight industrialized nations meet at Camp David, the standoff in Greece over its political direction has thrust Europe’s troubles to the top of the agenda. A downturn in Europe could stagger a fragile recovery in the United States and undermine growth around the world.

Some headlines from The Independent UK:

World braces itself for Greek euro exit.

Financial markets were plunged into fresh turmoil after Greece’s political parties failed once again to agree to form a unity government, and European policymakers warned that Greece’s aid payments would be cut off unless Athens quickly produced an administration prepared to deliver far-reaching economic reforms and budget cuts.

Without those funds from the European Union and the International Monetary Fund, Greece could run out of cash to meet its national debt interest payments as early as next month. The country would then have no option but to default. Most analysts expect that a default would be a prelude to Greek exit from the single currency altogether.

Panic and violence in the streets as protesters turn against politicians.

Southern Europe is preparing for a summer of discontent as protesters of all ages, and from across the political spectrum, plan demonstrations against greater austerity measures and against those policymakers who say there is no alternative to cuts.

Up to 50,000 “Indignant Ones” gathered in Madrid’s Puerta de Sol area on Saturday, many more than expected, to demonstrate against the Spanish government’s austerity measures. But, as indignant as they might have been, there were fewer on the streets for what was billed as an even bigger rally on Sunday, despite a message of support from the US rocker Bruce Springsteen.

A public holiday in Madrid today is likely to draw another protest, and one group almost certain to be there is the yayoflautas, a collection of people in their sixties and seventies, and who were involved in anti-Franco protests. The group has staged sit-ins in banks, radio stations, hospitals and even the reception area of a ratings agency.


Angela Merkel’s party humiliated by shock election defeat

Angela Merkel’s ruling conservatives suffered a humiliating defeat in key elections in Germany’s most populous state yesterday when voters rejected her party’s austerity policies and handed a resounding victory to her pro-growth Social Democratic Party opponents.

Ms Merkel’s Christian Democrats were shell-shocked by the devastating result they returned in the poll in North Rhine Westphalia, which has a total population of 18 million. Exit polls showed that they secured a mere 25.5 per cent of the vote – their worst performance ever in the state….

By contrast, the pro-growth Social Democrats and their candidate Hannelore Kraft, 50, romped home with 38 per cent of the vote. They were expected to form a so-called Red-Green coalition with the environmentalist Greens who won around 12 per cent of the vote. The two parties secured enough seats to obtain an absolute majority in the state parliament.

U.S. politicians should be paying attention. Austerity is not a long-term winning policy.

In miscellaneous news, Gizmodo reports that the Kodak company had a nuclear reactor in its basement for many years.

Kodak may be going under, but apparently they could have started their own nuclear war if they wanted, just six years ago. Down in a basement in Rochester, NY, they had a nuclear reactor loaded with 3.5 pounds of enriched uranium—the same kind they use in atomic warheads….

Kodak officials now admit that they never made any public announcement about it. In fact, nobody in the city—officials, police or firemen—or in the state of New York or anywhere else knew about it until it was recently leaked by an ex-employee. Its existence and whereabouts were purposely kept vague and only a few engineers and Federal employees really knew about the project.

The company had a legitimate purpose for having the reactor and radioactive material:

Kodak’s purpose for the reactor wasn’t sinister: they used it to check materials for impurities as well as neutron radiography testing. The reactor, a Californium Neutron Flux multiplier (CFX) was acquired in 1974 and loaded with three and a half pounds of enriched uranium plates placed around a californium-252 core.

But still it’s amazing they were able to get away with the reactor and especially the secrecy. The reactor was dismantled in 2006.

Why would a mafia boss be buried in a Roman basilica? Especially when he was suspected of abducting a 15-year-old girl, the daughter of a Vatican employee.

Forensic teams and marble workers have pried open a mobster’s tomb in the basilica Sant’Apollinare in Rome, searching for clues that might help to solve one of Italy’s greatest mysteries.

Fifteen-year-old Emanuela Orlandi, the daughter of a Vatican bank functionary, disappeared in 1983 on her way to a music lesson. Her body has never been found, and the truth about what happened to her has puzzled investigators for nearly 30 years. One of the most prominent conspiracy theories was that Orlandi’s remains would be found in the crypt where the notorious Roman mafioso Enrico “Renatino” De Pedis was eventually laid to rest after he was shot dead in a Rome square in 1990.

On Monday, his tomb was finally opened. His body was there, inside a three-layer sarcophagus, well preserved and wearing a dark blue suit and black tie. Police took fingerprints and confirmed his identity. But also, tucked inside a niche of the ancient crypt – a burial place since before Napoleonic times – were dozens of boxes containing unidentified human bones.

Dozens of boxes of bones?! This should be an interesting story to follow.

Finally, I’d like to call your attention to a profile of Mitt Romney’s top adviser Eric Fernstrom, published in GQ Magazine. It’s long, but well worth reading. Here’s a brief preview:

Fehrnstrom calls himself a “utility player,” and in the press he’s typically identified as a “Romney spokesman” or a “Romney strategist.” But that doesn’t begin to do justice to his place in the high command. Fehrnstrom has been with Romney for a decade, longer than any other political adviser on his 2012 campaign. “Anytime I’ve got questions or I’ve got a doubt, I know I can go to Eric and I’m getting feedback from someone who’s inside Mitt’s brain,” Romney’s senior adviser Kevin Madden told me. Or as Peter Flaherty, another senior Romney adviser, puts it: “Eric has a deeper shelf of institutional knowledge of Mitt Romney than anyone I know whose last name is not Romney.”

Fehrnstrom’s first job for Romney was running the press shop during his successful 2002 run for Massachusetts governor. But his role quickly expanded, and as Romney’s national profile grew, so did his trusted aide’s. (So much so that when Scott Brown was looking for someone to help him win Ted Kennedy’s old Massachusetts Senate seat in 2010, he hired Fehrnstrom, who remains Brown’s top strategist.) Over the course of his decade with Romney, Madden says, Fehrnstrom has become “a Tom Hagen figure. He’s consigliere to the governor.”

But with two slight differences. Whereas Hagen was always trying to cool off the hotheaded Sonny Corleone and keep the peace, Fehrnstrom, 50, is both the wise man and the hothead. He wears the uniform of the modern political consultant—iPad tucked in the crook of his arm, open-collared shirt, rectangular-framed glasses—but his fleshy face and thick New England accent betray a rougher core. And far from reining in Romney, he performs the opposite service for his client: Fehrnstrom toughens him up. “Eric gives Mitt a capability that Mitt doesn’t have,” says Ben Coes, Romney’s campaign manager in 2002. “It’s a streetwise savvy; it’s an on-the-ground Boston-smarts mentality; it’s a back-alley-politics, survival-of-the-fittest point of view. Mitt is not a knife fighter. Eric is a knife fighter.” The best political operatives are the ones who provide their clients with a tangible quality the candidate himself lacks. If Karl Rove was Bush’s brain, then Fehrnstrom is Romney’s balls.

That’s all I’ve got for today. What are you reading and blogging about?