Entitled One-Percenter Bill Keller Wants Baby Boomers to Give Up Social Security and Medicare

Smarmy former NYT editor Bill Keller

From today’s New York Times: “The Entitled Generation.”

The notion that our generation has been spoiled rotten is not a terribly new thought. A dozen years ago Paul Begala (of Bill Clinton and CNN fame) published in Esquire the classic of boomer-loathing, “The Worst Generation.” “The Baby Boomers are the most self-centered, self-seeking, self-interested, self-absorbed, self-indulgent, self-aggrandizing generation in American history,” he declared. It’s a sturdy genre. Perhaps while Googling yourself you have come across the blog Boomer Deathwatch (“Because one day, they’ll all be dead”), a checklist of famous boomers who hit their actuarial sell-by dates. Even Barack Obama, who styles himself post-boomer though he was born in 1961, complained in “The Audacity of Hope” that today’s hyperpolarized political discourse began with the “psychodrama of the baby boom generation.”

Yeah, we’re all evil just because our parents returned from WWII and proceeded to have lots and lots of babies. Supposedly not one of us ever did a decent thing in our pathetic, useless lives, right? I’m sick to death of hear this crap–and I’ve been hearing it since I was a kid.

See Keller says it’s our fault that the government isn’t rebuilding the infrastructure. He says it won’t do any good to tax super-rich guys like him–we’re going to have to take it out of the hides of old ladies who are trying to eke out a living on $1200 a month or less.

Guys like Bill Keller don’t even have to pay into Social Security on the bulk of their income, but he doesn’t even mention the possibility of changing that. So what does super-rich one-percenter Bill Keller think we should do about it besides learning to loathe ourselves and wish we’d never been born?

So the question is not whether entitlements have to be brought under control, but how. The Republican plan espoused by Mitt Romney and his fiscal lodestar Paul Ryan would cut the cost of entitlements largely by moving toward privatization: personal investment accounts for Social Security, vouchers for Medicare. And it’s not at all clear the Republicans would assign any of the savings to investing in our future.

At least the Republicans have a plan. The Democrats generally recoil from the subject of entitlements. Centrists like those at Third Way and the bipartisan authors of the Simpson-Bowles report endorse a menu of incremental cuts and reforms that would bring down costs without hitting the needy or snatching away the security blanket from those nearing retirement. They include gradually raising the retirement age to compensate for the fact that we now live, on average, 14 years longer than when F.D.R. signed Social Security into law. They include obliging those of us who can really afford it to pay a larger share. They also include technical fixes like aligning the automatic cost-of-living formula with reality.

At least now we know which candidate Keller will be voting for in November. So much for the supposedly “liberal media.” Oh, and about that “technical fix” Keller brushes off so dismissively, Matthew Yglesias explains why it isn’t a “technical fix” and “doing the switch comprehensively would constitute a de facto tax increase.” Furthermore, there was no “Simpson-Bowles report,” because the two co-chairs were unable to get a majority of members of the Catfood Commission to sign off on one.

Judith Miller with patron Bill Keller

I have a terrific idea. Let’s hold Bill Keller responsible for his choice to assign Judith Miller to help the Bush administration lie us into the Iraq War. Let Bill Keller pay back the trillions of dollars of taxpayer money those lies cost us. That ought to provide some funds to invest in infrastructure here in the U.S.

Here’s what Dean Baker had to say about Keller’s lying op-ed:

That is really brave for Mr. Keller to stand up and call for sacrifice from his age cohort. Does Keller know that the typical near retiree has total wealth of $170,000. This includes everything in their 401(k), all their other financial assets and the equity in their homes. Another way to put this is that the typical near retiree (between the ages of 55-64) could take all their wealth and pay off their mortgage. After that they would be entirely dependent on their Social Security to cover all their living costs.

Does this situation describe Mr. Keller’s finances? My guess is that it doesn’t. If that is true, how does Keller claim to speak for people who are in a hugely different financial situation than him? Is he really that ignorant of the issues that the NYT gives him a column to write about or is he dishonest? Readers will have to debate that in the months and years ahead.

Baker says the real problem we have is the increase in income inequality over the past thirty years, but he’s not holding his breath for Keller to “appeal to his fellow one-percenters….He probably doesn’t have the courage or integrity to do that.”

I saved the best review of Keller’s op-ed for last. You guessed it, it’s by Charlie Pierce: “The Things Bill Keller Doesn’t Have to Worry About.”

I defy Bill Keller to last a week living only on those benefits available to the greedy boomers, especially after the Simpson-Bowles cargo cult — to say nothing of the zombie-eyed granny-starver Paul Ryan himself — are through with them. I defy him to make it for a day. The “we” sprinkled throughout this bag of pus is probably the most noxious thing about it. Look around, Bill. You and Mitt Romney have far more in common than do you and the overwhelming majority of your “fellow” boomers. One catastrophic illness, and many of our families die on the vine. This is not hyperbole. This is how it works in the world. And, to the surprise of absolutely nobody, Keller signs on with the clowns at Third Way, who assure us that the real problem is that the elderly moochers are the ones keeping us from building new bridges, or flying to the moons of Neptune. Jesus H. Christ on a Lipizzaner, we’ve had forty years of demonized government, and 40 years of quack economics, and tax-cuts until hell won’t have them, and the reason our infrastructure is falling apart is because some retired ironworker gets $1200 a month? How much of a courtier do you have to be before the taste of caviar makes you nauseous?

If we want to invest in infrastructure, which we desperately need to do, then we should just borrow money at the current historically low rates and fix the damn infrastructure…. People Got No Jobs. People Got No Money. Bill Keller never will have to worry about the last two, so I think he should shut up about the first.


Queen Ann Lays Down the Law on Mitt’s Taxes as Obama Opens a New Campaign Front

Thanks to Delphyne, who posted this link on the morning thread: Ann Romney: We’ve Given ‘All You People Need To Know’ About Family Finances

Mitt Romney’s wife is reinforcing her husband’s refusal to make public several years of tax returns, telling ABC News “we’ve given all you people need to know” about the family’s finances.

“You know, you should really look at where Mitt has led his life, and where he’s been financially,” she said in her interview with Robin Roberts. “He’s a very generous person. We give 10 percent of our income to our church every year. Do you think that is the kind of person that is trying to hide things, or do things? No. He is so good about it. Then, when he was governor of Massachusetts, didn’t take a salary in the four years.”

Roberts pressed: “Why not show that, then?” and reasoned that people could “move on” if her husband released his returns.

Romney responded, “Because there are so many things that will be open again for more attack… and that’s really, that’s just the answer. And we’ve given all you people need to know and understand about our financial situation and about how we live our life. And so, the election, again, will not be decided on that. It will be decided on who is gonna turn the economy around and how are jobs gonna come back to America.”

Queen Ann has spoken, and that’s that, you people. Ann’s attitude puts me in mind of this famous quote from Leona Helmsley: “We don’t pay taxes. Only the little people pay taxes…”

Meanwhile, President Obama is opening a new campaign front today in Florida. The Bain attacks were just a warm-up for an even more lethal attack in which the consequences of Mitt Romney’s stated support of the Ryan budget will spelled out in detail. From MSNBC’s First Thoughts:

Here comes Medicare: The past few weeks on the presidential campaign trail have featured aggressive attacks and counterattacks. On outsourcing by Bain Capital. On Mitt Romney’s post-1999 association with that firm, as well has his tax returns. On charges of “crony capitalism” in the Obama administration. And on President Obama’s views about business. And today when Obama begins a two-day swing through the crucial state of Florida — with all of its seniors — he’ll introduce another attack: hitting Romney on Medicare and the Ryan budget. Per the campaign, the president “will discuss his commitment to strengthening Medicare, and a new report tomorrow that highlights the devastating impact Mitt Romney’s Medicare plan could have on the 3.4 million Floridians that rely on Medicare.” Bottom line, per the campaign’s guidance: Obama will argue that Romney — through his support for the Ryan budget plan — advocates ending Medicare “as we know it.” Obama starts his Florida swing with a 1:25 pm ET event in Jacksonville, and then he heads to West Palm Beach at 6:20 pm. Tomorrow in the Sunshine State, he hits Ft. Myers and Winter Park.

As Ed Kilgore wrote this morning, Jonathan Chait predicted this two-front strategy last month.

I strongly suspect that Obama is currently in the first stage of a two-part assault on Romney. The first is to define his motives and perspective: a rich man who sees the world from the perspective of the CEO suite and blithely assumes what is good for people like himself is good for everybody.

This is the essential predicate for part two, which I would guess (I have no inside information) will dominate the last half of the campaign. Part two is Romney’s fealty to the Bush-era low-tax, anti-regulatory ideology and the radical Paul Ryan plan. The average undecided voter pays little attention to politics and might not understand why a candidate would return to failed Bush-era policies or slash the social safety net in order to clear budgetary headroom for keeping taxes on the rich low. Defining Romney’s business career is a way of making sense of those choices.

This morning, Chait announced that phase two begins today.

Greg Sargent explains why stage two is necessary:

Keep in mind: A focus group convened by the pro-Obama Priorities U.S.A. found that voters simply refused to believe that Romney or Ryan would really transform Medicare into a quasi-voucher program while also cutting taxes for the rich. This is what the assault on Romney’s Bain years is really about. It’s an effort to establish an image of Romney that will make it easier for voters to accept that this is indeed the agenda Romney has embraced and would carry out as president.

As the Obama campaign will point out, Republicans expect Romney to essentially rubber-stamp the Ryan’s agenda. ”We want the Ryan budget,” Grover Norquist recently said. “Pick a Republican with enough working digits to handle a pen to become president of the United States.”

The attacks on Romney’s business background and core rationale for running for president may enable the Obama campaign to fight Romney to a draw on the economy — by persuading swing voters who are unhappy with Obama’s performance that Romney certainly doesn’t have the answers to their economic problems, and could even make things worse.

I heard on the Morning Joe show today that Obama’s Bain attacks aren’t working because polls still show Obama and Romney deadlocked after weeks of the Obama campaign pounding Romney on Bain, outsourcing, and tax evasion. But I agree with Jamelle Bouie that it’s way too early to know for sure whether the attacks will work.

In the summer of 2004 it seemed that the Swiftboat attacks weren’t hurting Kerry, but only political junkies like us are really paying attention right now. The real tests will come after the conventions and during the debates. Bouie writes:

Given the extent to which commentators have analogized this controversy to the Swift Boat attacks on John Kerry, it’s worth looking back at how the former nominee fared during the period in which he absorbed withering attacks on his military record. The Swift Boat ads aired from the beginning of May until the end of August. During this period, according to Gallup, Kerry held a small lead among likely voters.

Kerry’s position began to decline in August, but even then, he ended the month with only a small deficit. George W. Bush didn’t begin to build a large lead until the fall. The growth in Bush’s lead corresponded with a decline in Kerry’s net favorability. It’s possible Kerry was unaffected by the Swift Boat attacks. But it’s also possible that they didn’t begin to have an impact until later. It’s also too early to say whether the attacks on Bain will work. But there’s a chance they’ll have the most effect after the conventions, as undecided voters begin to make a choice, and draw on overall impressions built up over months as they make their decision. Given the new $8 million ad buy from Crossroads — meant to deflect Obama’s attacks on Bain — it’s clear Republicans see long-term danger here.

I have to say, this campaign is getting a lot more interesting. I’m not thrilled with either of the candidates, but I have no problem saying that Romney is much much more horrible than Obama. I probably won’t end up voting for either of these candidates, but as a true political junkie I love watching a hard fought campaign.


Tuesday Reads

Good Morning!! Let’s see what’s in the news today.

Mitt Romney has been whining about the “liberal media” giving him a hard time, but a new Pew survey has found that the “liberal media” are friendlier to Mitt Romney than President Obama. Adam Serwer at Mother Jones:

The Liberal Media has consistently given more positive coverage to likely Republican Presidential candidate Mitt Romney compared to President Barack Obama, according to a new survey of media coverage from the Pew Research Center’s Excellence in Journalism Project.

During the early weeks of 2012, Romney’s media coverage was slightly negative—between January 2 and February 26, 33 percent of the stories about the ex-Massachusetts governor were positive and 37 percent were negative, according to Pew’s analysis. But Romney has received mostly positive coverage since then (47 percent positive to 24 percent negative). By contrast, according to the report, President Barack Obama “did not have a single week in 2012 when positive coverage exceeded negative coverage.”

Check out the full report at the Pew link.

Florida Rep. Allen West was booted from an NAACP fund-raiser because of his claim that around 80 Democrats in the House of Representatives are card-carrying members of the Communist Party.

Rep. Allen West (R-Fla.) was supposed to be the keynote speaker at a fundraiser for his district chapter of the National Association for the Advancement of Colored People (NAACP) this past Saturday. But days before the event, the group canceled the gathering and asked West not to come back when they rescheduled. Why?

“There’s a certain statement he made about Communists,” Jerry Gore, president of the Martin County NAACP, told Scripps Treasure Coast Newspapers. “That statement alone … we do not represent that type of atmosphere.”

But that didn’t keep West from making more ludicrous remarks. Yesterday, he claimed that the Muslim Brotherhood is “being allowed to influence strategy.”

Rep. Allen West (R-Fla.) criticized the FBI on Monday for removing nearly 900 pages of training material it deemed to be offensive, saying it showed extremist Muslim groups were influencing national strategy.

The FBI made the move after Sen. Dick Durbin (D-Ill.) complained about some passages, including one that advised agents to “never attempt to shake hands with an Asian” and another that said agents should expect “outbursts” from Arab minds.

West said that by removing such passages, the FBI was committing “cultural suicide” and allowing groups like the Muslim Brotherhood to influence U.S. policy.

“We have to understand that when tolerance becomes a one-way street it leads to cultural suicide,” West told “Fox and Friends” on Monday. “We should not allow the Muslim Brotherhood or associated groups to be influencing our national strategy.”

When asked if he believed those groups were influencing U.S. strategy, West responded, “Oh, absolutely,” and cited the Fort Hood, Texas, shooting report that didn’t mention the suspect’s Muslim faith as a potential motive for the killings.

In another throwback to the McCarthy era, a few days ago Bill O’Reilly accused Robert Reich of being a communist.

Yesterday, Reich responded: Communist Accusations Matter.

For the record, I’m not a communist and I don’t secretly adore Karl Marx.

Ordinarily I don’t bother repeating anything Bill O’Reilly says. But this particular whopper is significant because it represents what O’Reilly and Fox News, among others, are doing to the national dialogue….

O’Reilly based his claim on an interview I did last week with Jon Stewart on the Daily Show, in which I argued that because America’s big corporations were now global we could no longer rely on them to make necessary investments in human capital or to lobby for public investments in education, infrastructure, and basic R&D. So, logically, government has to step in.

Since when does an argument for public investment in education, infrastructure, and basic R&D make someone a communist or a secret adorer of Karl Marx?

Since the Tea Party crazies crawled out from under their rocks and took over the Republican Party, I guess. I sure wish they’d crawl back where they came from.

Now this is refreshing. Sen. Tom Harken defended Social Security in the Huffington Post yesterday, and proposed some solutions to future problems:

To strengthen America’s retirement system, my proposal would increase Social Security benefits and greatly improve the financial stability of the program. It does so by:

• Increasing the amount of earnings covered by higher replacement rates in order to increase benefits by approximately $60-70 per month
• Changing the way the COLA is calculated so that it better corresponds to the typical expenses of seniors
• Removing the cap, currently $110,100, that unfairly protects the highest earning Americans from paying into Social Security like the majority of hardworking Americans.

All told, according to the Social Security Actuary, this proposal would extend the life of the Social Security Trust Fund to 2052 while cutting the long term funding deficit in half.

I’m sure Mitt Romney will explain to Senator Harkin why it would be wrong to try to raise payroll taxes on high income “job creators.”

Speaking of Willard, the LA Times had an interesting story on Romney’s health care plan–they call it “revolutionary,” and not in a good way.

In public, Romney has only sketched the outlines of a plan, and aides have declined to answer questions about the details. But his public statements and interviews with advisors make clear that Romney has embraced a strategy that in crucial ways is more revolutionary — and potentially more disruptive — than the law Obama signed two years ago.

The centerpiece of Romney’s plan would overhaul the way most Americans get their health coverage: at work. He would do so by giving Americans a tax break to buy their own health plans. That would give consumers more choices, but also more risk.

Critics and independent analysts say the impact would probably leave a larger number of Americans without insurance.

In addition,

While offering consumers more choices, Romney’s plan would give companies strong incentives to stop providing insurance to workers. It also would overhaul the 46-year-old Medicare and Medicaid programs for the elderly, poor and disabled.

The plan could swell the federal deficit; a similar plan backed by Sen. John McCain (R-Ariz.) during the 2008 presidential campaign would have cost more than $1 trillion over 10 years, on par with the price tag for the Obama healthcare law.

Romney keeps claiming he’s going to cut the deficit. Somehow I don’t think privatizing Social Security, Medicare, and Medicaid will do that. Maybe he thinks he can end those programs completely.

Democracy Now has been running a series on NSA spying. A good starting point is this article at Alternet: Whistleblower: The NSA is Lying — The U.S. Government Has Copies of Most of Your Emails

National Security Agency whistleblower William Binney reveals he believes domestic surveillance has become more expansive under President Obama than President George W. Bush. He estimates the NSA has assembled 20 trillion “transactions” — phone calls, emails and other forms of data — from Americans. This likely includes copies of almost all of the emails sent and received from most people living in the United States.

While you’re at Alternet, here’s another article you should read: How Obama Became a Civil Libertarian’s Nightmare

When Barack Obama took office, he was the civil liberties communities’ great hope. Obama, a former constitutional law professor, pledged to shutter the military prison at Guantanamo Bay, Cuba, and run a transparent and open government. But he has become a civil libertarian’s nightmare: a supposedly liberal president who instead has expanded and fortified many of the Bush administration’s worst policies, lending bipartisan support for a more intrusive and authoritarian federal government.

Please go read the whole thing and then check out Glenn Greenwald’s take on the story.

As I’m sure everyone here knows, we don’t live in a democracy anymore.

So what are you reading and blogging about today?


Thursday Evening News Wrapup

Afternoon Tea, by Mary Cassat

Good Evening! I’ll start off with some good news. Minkoff Minx has arrived home from the hospital and is doing well. She’ll be resting for I a few days, but she should be back to posting regularly sometime next week. I sure do miss her cheery evening reads! I’m doing my best to fill in again tonight.

It’s been a slow news day, but there are a few things happening even though most of Washington, DC–including Congress and many pundits are on a two-week Easter vacay. Why do they get such long vacations anyway? They only work about three days a week and they accomplish very little.

President Obama has waked up to the reality of women’s electoral power. Today we learned that he thinks it’s high time that Augusta Golf Club, which hosts the Masters Tournament, should start accepting women members.

Not to be outdone, and because he obviously has no original thoughts, Mitt Romney announced that he, too, And he discussed the issue in his usual stuffy manner.

When asked if women should be admitted, the Republican presidential frontrunner responded: “Of course.”

“I am not a member of Augusta. I don’t know if I would qualify. My golf game is not that good,” Romney told reporters after an energy-themed event in Tunkhannock, Pennsylvania. “Certainly if I were a member, if I could run Augusta, which isn’t likely to happen, of course I’d have women into Augusta.”

Newt Gingrich thinks his wife Callista would be “great member,” and Callista herself tweeted that she “wants in.” No word on how he-man woman-hater Rick Santorum feels about the issue.

Afternoon Tea, by Cezanne

It’s looking like Romney has the Republican nomination all sewn up–he’s even leading in Santorum’s home state of Pennsylvania now. But at the Daily Beast, Michelle Goldberg explains why conservatives still want Santorum to stay in the race.

Conservative Iowa radio host Steve Deace isn’t convinced. “In the minds of social conservatives, it’s not even close to over,” he says. “The real question is how committed someone like Rick Santorum is to fighting this out all the way to the end. If he’s committed to doing this on a personal level, there’s plenty of social conservatives that will ride him to the finish line.”

Indeed, despite the best efforts of the Republican establishment, many on the religious right are far from ready to accept Romney’s inevitability, or to coalesce behind him. They remain distrustful of his record on abortion, and unsure they can believe his campaign promises. And the harder party elites push Romney on them, the more alienated they become. “The biggest story that everyone in the media has missed this cycle is how frustrated and fed up the Republican Party base is with the Republican Party,” says Deace. “It’s unlike anything I’ve ever seen.”

Goldberg quotes a number of conservative sources who just won’t accept a Romney candidacy and think Santorum to fight to the bitter end at the convention. They sound a lot like Hillary supporters who in 2008 wanted her to take the fight to the convention. Hillary is a loyal Democrat and so she ended up going with the flow, but Santorum is more of a renegade with a lot less to lose than Hillary. In any case, it seems as if the bases of both corporate parties are disgusted with their party elites.

Afternoon Tea Party, by Mary Cassatt

Also at the Daily Beast, Michael Tomasky writes that the Supreme Court is “on the ropes.” Back in the ’80s, Conservative starting pushing for “judicial restraint.” But now that the shoe is on the other foot and there is a Conservative majority on the court, suddenly they love the notion of “judicial activism” that they once reviled (just like they now despise the Heritage Foundaton health care plan now that Democrats have written it into law).

John Roberts has to know and see all this. He has to know that Fifth Circuit Judge Jerry Smith, who asked federal prosecutors for a homework assignment in the wake of Obama’s remarks—a brief stating the Justice Department’s position on judicial review, that had to be at least three pages, single-spaced!—is making conservatives look silly and cheapening the bench. And he has to know that the court’s reputation will suffer an immense blow if it overturns the mandate. It will be seen by a large majority—even a lot of people who weren’t crazy about the law—as completely political. Remember, they didn’t have to take the case in an election year in the first place. They could have put it off. But the court said it must do this now. If it then overturns the ACA, it will look and smell like a political hit job to many Americans. And the court would be saying to America, “We know what you think, and we don’t give a damn.”

What would happen to the court then? Slowly—no; probably quickly—it will come to be seen by most Americans as just another cesspool of political mud wrestling; just another arena where the rich get what they want while everyone else gets screwed (Citizens United); just one more ideological whorehouse full of patrons pretending to be just the piano player.

Despite what we’re all brought up to believe, nothing about the court is sacrosanct. Lifetime appointments can be changed to fixed-year terms. It’d take some doing, but it can be done. And there’s nothing anywhere that says it has to be nine justices. That’s just tradition, but it’s nowhere in the Constitution. It just needs to be an odd number; could be three or 23. For that matter, Congress could disregard Marbury v. Madison. Yep. It could. Tom DeLay used to speak of this from time to time, back in the dear old Terri Schiavo days. He never specifically invoked M v. M, but, referring to judges who would have let Schiavo die, he said things like they had “thumbed their noses at Congress and the president” and would someday pay. He meant a campaign against judicial review. He never got around to it, having been indicted and convicted and all, but that’s what he meant. There’s nothing to prevent liberals from mounting a similar campaign. So far they’ve has held back by their respect for the institution. But that may soon be gone.

There is a heartbreaking story out of Greece: Pensioner’s Suicide Continues to Shake Greece.

Dimitris Christoulas, a divorced and retired pharmacist, took his life on Wednesday in Syntagma Square, a focal point for frequent public demonstrations and protests, as hundreds of commuters passed nearby at a metro station and as lawmakers in Parliament debated last-minute budget amendments before elections, expected on May 6.

In a handwritten note found near the scene, the pensioner said he could not face the prospect “of scavenging through garbage bins for food and becoming a burden to my child,” blaming the government’s austerity policies for his decision.

The incident has prompted a public outpouring, with passers-by pinning notes of sympathy and protest to trees in the square, as well as comment from politicians across the spectrum. A solidarity rally on Wednesday night turned violent when the police clashed with hooded demonstrators in scuffles that left at least three people injured.

I guess we can look forward to similar tragedies here in the U.S. if Congress succeeds in gutting Medicare, Medicaid, and Social Security. And I don’t exempt the Democrats from my cynicism about support for the social safety net among the Villagers.

Speaking of the rich, powerful, and selfish, Jamie Dimon is once again on the top of the heap in terms of CEO compensation. Richard Escrow writes:

JPMorgan Chase CEO Jamie Dimon is still the poster child for today’s morally degraded, self-entitled banker mentality. I don’t know why he keeps talking, but he’s the gift that keeps on giving.

At every major junction in the post-crisis debate about banking, Dimon has stepped in with a perfectly tactless remark that illustrates both the vacuity and the moral corruption of his industry. This week was no exception.

Excrow provides a number of specific examples of Dimon’s and Chase’s lack of ethics. And yet, Dimon is still whining about “excessive” government regulation.

Dimon just complained that regulators “made the recovery worse than it otherwise would have been” — which is not only wrong, but avoids addressing the issue of the recovery’s cause, which was banks like Dimon’s. Dimon added that the government forced banks to de-leverage “”at precisely the wrong time” — which is precisely wrong. The government’s real error was in not breaking up too-big-to-fail banks like Dimon’s.

“Complexity and confusion should have been alleviated, not compounded,” complains Dimon.

So Dimon and his cronies have formed a superpac to intimidate liberal Congresspeople. Please go read the whole article. It’s really frightening.

The domestic terrorist who tried unsuccessfully to blow up a Planned Parenthood office in Wisconsin has explained his motivation.

Francis Grady, 50, spoke to reporters who were covering his first appearance in federal court since the Sunday night attack. The Green Bay Press-Gazette posted video of him walking through the courthouse followed by a short clip of him speaking to reporters outside.

“There was no bomb,” Grady said. “It was gasoline.”

A reporter asked why Grady attacked the clinic.

“Because they’re killing babies there,” he responded.

The newspaper also got more from inside the federal courtroom, where Grady reportedly interrupted the judge to ask, ““Do you even care at all about the 1,000 babies that died screaming?”

“Screaming?” Fetuses that are aborted in the first trimester aren’t “babies,” and they don’t have nervous systems to feel pain or the ability to scream. The ignorance of these people is beyond belief.

Lizzie Borden

Finally, some new evidence has been found in the Lizzie Borden murder case–journals kept by her attorney.

Borden was acquitted in 1892, and much of the evidence in the case ended up with Andrew Jackson Jennings, Borden’s attorney. The two journals, which Jennings stored in a Victorian bathtub along with other evidence from the case, including the infamous “handless hatchet,” were left to the Fall River Historical Society by Jennings’ grandson, who died last year.

The society received the fragile journals about a month ago but won’t be exhibited until they are properly preserved, curator Michael Martins said.

Each journal is about 100 pages. One contains a series of newspaper clippings, indexed using a lettering and number system that Jennings devised. The second contains personal notes that Jennings assembled from interviews he conducted. Some of the individuals interviewed are people mentioned in the newspaper clippings Jennings retained.

“A number of the people Jennings spoke to were people he knew intimately, on a social or business level, so many of them were perhaps more candid with him than they would have been otherwise,” Martins said. “But it’s also evident that there are a number of new individuals he spoke to who had previously not been connected with the case.”

I hope at least some of those links will pique your interest. What stories have you been following this afternoon and evening?


Thursday Reads: Defense Authorization Bill, Ron Wyden, the Filthy Rich, and Bird Crashes

Good Morning!!

So far I haven’t been locked up in Guantanamo or debtors’ prison. I hope the rest of you Sky Dancers still have your freedom too, such as it is.

Yesterday the U.S. House of Representatives passed the Defense Authorization bill, which includes language permitting indefinite detention by the military of “al Qaeda members” without specific charges or trials. You can read the bill here.

Our craven and cowardly President had promised to veto this bill, but today the White House reneged on that promise, and Obama is set to sign it once it passes the Senate tomorrow or Friday.

The White House backed down from its veto threat of the defense authorization bill Wednesday, saying that the bill’s updated language would not constrain the Obama administration’s counterterrorism efforts.

While the White House acknowledged it still has some concerns, press secretary Jay Carney said President Obama’s advisers wouldn’t recommend a veto, a threat that had been hanging over the Pentagon policy bill for the past month.

Obama and his crew don’t care about the fifth amendment, habeas corpus and all that jazz–just that the president is the one who decides who is an “al Qaeda member” and therefore will be whisked away to indefinite detention. Wanna bet there are suddenly going to be a lot of “al Qaeda members” in the Occupy movement? From Anti-War.com:

As revealed in the Senate deliberations last week, the Obama administration itself requested the principal authors of the provision – John McCain and Carl Levin – to include language authorizing due-process-free military custody for American citizens. The initial threat of veto was apparently nothing more than political theater on the part of the White House.

According to The Hill, the following changes satisfied the White House concerns:

The bill deleted the word “requirement” from the section on the military detention of terror suspects, which was among the most contentious parts of the bill.

The national security waiver allowing the executive branch to move terror suspects from military to civilian courts was placed in the president’s hands rather than the Defense secretary’s, a change Levin said Obama had asked for.

The conference bill was based on the Senate language, which was not as harsh as the House bill when it came to trying terror suspects in civilian courts.

The administration called the provision in the bill that establishes the authority for military detentions unnecessary because the executive branch already was given this authority following Sept. 11.

Carney’s statement said if the administration finds parts of the law “negatively impact our counterterrorism professionals and undercut our commitment to the rule of law,” it expects the bill’s authors will correct those problems.

Oh well, then no worries… Except that lots of people who care about the Constitution aren’t so happy about it. Here’s a statement from Laura Murphy of the ACLU:

“The president should more carefully consider the consequences of allowing this bill to become law,” Laura W. Murphy, director of the ACLU Washington Legislative Office. “If President Obama signs this bill, it will damage both his legacy and American’s reputation for upholding the rule of law. The last time Congress passed indefinite detention legislation was during the McCarthy era and President Truman had the courage to veto that bill. We hope that the president will consider the long view of history before codifying indefinite detention without charge or trial.”

Unfortunately, Barack Obama is no Harry Truman.

Here’s a statement from Human Rights Watch:

“By signing this defense spending bill, President Obama will go down in history as the president who enshrined indefinite detention without trial in US law,” said Kenneth Roth, executive director of Human Rights Watch. “In the past, Obama has lauded the importance of being on the right side of history, but today he is definitely on the wrong side.”

The far-reaching detainee provisions would codify indefinite detention without trial into US law for the first time since the McCarthy era when Congress in 1950 overrode the veto of then-President Harry Truman and passed the Internal Security Act. The bill would also bar the transfer of detainees currently held at Guantanamo into the US for any reason, including for trial. In addition, it would extend restrictions, imposed last year, on the transfer of detainees from Guantanamo to home or third countries – even those cleared for release by the administration.

There are currently 171 detainees at Guantanamo, many of whom have been imprisoned for nearly 10 years. As one of his first acts in office, Obama signed an executive order for the closure of Guantanamo within one year. Instead of moving quickly to close the prison and end the use of the discredited military commissions, he supported modifications to the Military Commissions Act.

“It is a sad moment when a president who has prided himself on his knowledge of and belief in constitutional principles succumbs to the politics of the moment to sign a bill that poses so great a threat to basic constitutional rights,” Roth said.

The bill also requires the US military take custody of certain terrorism suspects even inside the United States, cases that previously have been handled by federal, state and local law enforcement authorities. During debate over the bill, several senior administration officials, including the secretary of defense, attorney general, director of national intelligence, director of the FBI, and director of the CIA, all raised objections that this provision interfered with the administration’s ability to effectively fight terrorism. In the last 10 years over 400 people have been prosecuted in US federal courts for terrorism related offenses. Meanwhile during that same period, only six cases have been prosecuted in the military commissions.

“President Obama cannot even justify this serious threat to basic rights on the basis of security,” Roth said. “The law replaces an effective system of civilian-court prosecutions with a system that has generated the kind of global outrage that would delight recruiters of terrorists.”

The bill also reauthorizes the AUMF that Bush used to get us into Iraq. Emptywheel has a lengthy post in which she wonders: Feinstein’s “Fix” on AUMF Language Actually Authorize Killing American Citizens? You probably should read the whole thing, but here’s the summation:

…by affirming all purportedly existing statutory authority, DiFi’s “fix” not only reaffirmed the AUMF covering a war Obama ended today, but also affirmed the Executive Branch’s authority to use deadly force when ostensibly trying to detain people it claimed present a “significant threat of death or serious physical injury.” It affirms language that allows “deadly force” in the name of attempted detention.

In any case, it’s one or the other (or both). Either the AUMF language became acceptable to Obama because it included American citizens in the Afghan AUMF and/or it became acceptable because it affirmed the Executive Branch’s authority to use deadly force in the guise of apprehending someone whom the Executive Branch says represents a “significant threat.”

My guess is the correct answer to this “either/or” question is “both.”

So DiFi’s fix, which had the support of many Senators trying to protect civil liberties, probably made the matter worse.

In its more general capitulation on the veto, the Administration stated that the existing bill protects the Administration’s authority to “incapacitate dangerous terrorists.” “Incapacitate dangerous terrorists,” “use of deadly force” with those who present a “significant threat of death or serious physical injury.” No matter how you describe Presidential authority to kill Americans with no due process, the status quo appears undiminished.

Finally Al Jazeera asks: Is the principle of indefinite detention without trial now an accepted and permanent part of American life? I wonder if Michelle Obama is still proud to be an American today?

There is some other news, of course. For one thing, it seems as if Rep. Ron Wyden of Oregon must have more energy I can imagine having. As of today he managed to get the decisions on rural post office closings postponed until next May; he joined with Rep. Paul Ryan (!) to propose a medicare overhaul; and he and Darrel Isa (!) have proposed an alternative to the entertainment industry bill that would effectively shut down social networking on the internet. Check out those links if you’re interested.

One of my favorite economists, Robert Reich, has an analysis of Newt’s Tax Plan, and Why His Polls Rise the More Outrageous He Becomes.

Newt’s plan increases the federal budget deficit by about $850 billion – in a single year!

….

Most of this explosion of debt in Newt’s plan occurs because he slashes taxes. But not just anyone’s taxes. The lion’s share of Newt’s tax cuts benefit the very, very rich.

That’s because he lowers their marginal income tax rate to 15 percent – down from the current 35 percent, which was Bush’s temporary tax cut; down from 39 percent under Bill Clinton; down from at least 70 percent in the first three decades after World War II. Newt also gets rid of taxes on unearned income – the kind of income that the super-rich thrive on – capital-gains, dividends, and interest.

Under Newt’s plan, each of the roughly 130,000 taxpayers in the top .1 percent – the richest one-tenth of one percent – reaps an average tax cut of $1.9 million per year. Add what they’d otherwise have to pay if the Bush tax cut expired on schedule, and each of them saves $2.3 million a year.

To put it another way, under Newt’s plan, the total tax bill of the top one-tenth of one percent drops from around 38 percent of their income to around 10 percent.

What about low-income households? They get an average tax cut of $63 per year.

Oh, I almost forgot: Newt also slashes corporate taxes.

Wow!

Dakinikat clued me in to this post at Naked Capitalism: “Let Them Eat Pink Slips” CEO Pay Shot Up in 2010, which links to this article in the Guardian.

Chief executive pay has roared back after two years of stagnation and decline. America’s top bosses enjoyed pay hikes of between 27 and 40% last year, according to the largest survey of US CEO pay. The dramatic bounceback comes as the latest government figures show wages for the majority of Americans are failing to keep up with inflation.

America’s highest paid executive took home more than $145.2m, and as stock prices recovered across the board, the median value of bosses’ profits on stock options rose 70% in 2010, from $950,400 to $1.3m. The news comes against the backdrop of an Occupy Wall Street movement that has focused Washington’s attention on the pay packages of America’s highest paid.

The Guardian’s exclusive first look at the CEO pay survey from corporate governance group GMI Ratings will further fuel debate about America’s widening income gap. The survey, the most extensive in the US, covered 2,647 companies, and offers a comprehensive assessment of all the data now available relating to 2010 pay.

And these oligarchs couldn’t care less if we like it or not. They own the White House and the Congress and we don’t.

I’ll end with a bizarre and very sad story out of Utah:

Thousands of migratory birds were killed or injured after apparently mistaking a Wal-Mart parking lot, football fields and other snow-covered areas of southern Utah for bodies of water and plummeting to the ground in what one state wildlife expert called the worst mass bird crash she’d ever seen.

Crews went to work cleaning up the dead birds and rescuing the injured survivors after the creatures crash-landed in the St. George area Monday night.

By midday Wednesday, volunteers had helped rescue more than 3,000 birds, releasing them into a nearby pond. There’s no count on how many died, although officials estimate it’s upwards of 1,500.

“They’re just everywhere,” said Teresa Griffin, wildlife program manager for the Utah Division of Wildlife Resource’s southern region. “It’s been nonstop. All our employees are driving around picking them up, and we’ve got so many people coming to our office and dropping them off.”

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