Friday Reads

Posted: July 8, 2011 | Author: | Filed under: abortion rights, black women's reproductive health, Catfood Commission, Democratic Politics, Economy, Federal Budget and Budget deficit, fetus fetishists, fundamentalist Christians, John Birch Society in Charge, morning reads, religious extremists, Reproductive Health, Reproductive Rights, Republican presidential politics, right wing hate grouups, U.S. Economy, We are so F'd | Tags: , , , , , , | 51 Comments

Good Morning!!

It’s hard not to be be completely discouraged these days.  Our Washington deal-makers are permanently stuck in opposites day.  No amount of reality is going to bring the lot of them out of whatever place they strategically reside.  This Reuters piece stands as a hallmark to the current lunacy.  We shouldn’t have any financial problems.  Social Security is solvent and it’s not part of the federal budget are deficit problem.  Why am I reading this then?

If Treasury were to decide to delay some payments, one option could be to postpone a disbursement of more than $49 billion to Social Security recipients that is due on August 3.

It would be a politically explosive step but one that could allow the government to temporarily pay bondholders to try to avoid foreign investors dumping U.S. Treasuries and the dollar.

The administration has warned that any missed payments, including those to retirees, veterans and contractors, would be default by another name, and the Treasury team still has concerns that any contingency plan would prove unworkable.

Steve McMillin, a former deputy director of the White House Office of Management and Budget under Bush, said Treasury has options but most of them are “pretty ugly.”

If Treasury were to decide to delay payments, it would need to re-program government computers that generate automatic payments as they fall due — a massive and difficult undertaking. Treasury makes about 3 million payments each day.

Do they figure that seniors aren’t going to riot in the streets effectively like that episodede of South Park called Grey Dawn? I can pretty well imagine that they won’t stop payments to their corporate bosses.  After all, that option would soothe the bond vigilantes.

Here’s the issues under study now according to that same Reuter’s article.

– Whether the administration can delay payments to try to manage cash flows after August 2

– If the U.S. Constitution allows President Barack Obama to ignore Congress and the government to continue to issue debt

– Whether a 1985 finding by a government watchdog gives the government legal authority to prioritize payments.

The Treasury team has also spoken to the Federal Reserve about how the central bank — specifically the New York Federal Reserve Bank — would operate as Treasury’s broker in the markets if a deal to raise the United States’ $14.3 trillion borrowing cap is not reached on time.

I’m teaching an MBA Corporate Finance seminar this summer.  Every single asset pricing model that prices securities, bonds, loans,options or whatever basically uses the US treasury bond as the risk-free asset.  I feel like I have to asterisk everything I’m teaching right now which is basically the same thing that was taught to me back in the 1980s.  It’s like these folks are purposefully trying to tank the financial markets and bring on another crisis.  If they manage to raise the debt ceiling, then it appears likely to be done by ‘austerity’ measure like $4 trillion dollars in cuts.  Start your backyard gardens now.  The next depression is bound to be a big one. I have just have no idea why they’re trying to blow up our economy.  It’s just frigging unbelievable. Of course, Orrin Hatch wants us all to suffer more, because after all, people that aren’t filthy rich are obviously defective in gawd’s eyes.

So, tell me, who is the real practicioner of voodoo economics?

So, here’s a nifty graph on the left from Ezra Klein showing the mix of spending cuts vs. tax increases the last few times we’ve had these debt and deficit discussions.  Looks like the real practitioner of voodoo economics wasn’t Ronald Reagan but is Barrack Obama.  Just more of the alternate reality forced on us by media and politicians that make up news, history, and economic theory.

As you can see on the graph, in each case, taxes were at least a third of the total, and in Reagan’s case, his massive tax cuts were followed by deficit-reduction deals that actually relied on tax increases. Today, tea party conservatives would be begging Sen. Jim DeMint to primary the Gipper.

Bush also included taxes in his deal, and Clinton relied heavily on taxes in his first deficit-reduction bill, which passed without Republican votes. In 1997, when he was working with Republicans, he actually cut taxes slightly while passing spending cuts. But of course the economy was in much better shape then, and Clinton had already increased revenues substantially.

The one-third rule doesn’t break down until you get to the deal Obama reportedly offered Republicans in the first round of debt-ceiling talks: $2 trillion in spending cuts for $400 billion in taxes, or an 83:17 split. And that, if anything, understates how good of a deal Republicans are getting. Tax revenues and rates are much, much lower than they were under Reagan, Bush or Clinton. And next year, Obama is pledging to extend most of the Bush tax cuts, which amounts to a $3 trillion-plus tax cut against current law.

Meanwhile, the polls–like this one from Pew Research–show that people overwhelmingly want to maintain social security, medicaid and medicare and would support tax increases to do so.  So much for government of, for, and by the people.

As policymakers at the state and national level struggle with rising entitlement costs, overwhelming numbers of Americans agree that, over the years, Social Security, Medicare and Medicaid have been good for the country.

But these cherished programs receive negative marks for current performance, and their finances are widely viewed as troubled. Reflecting these concerns, most Americans say all three programs either need to be completely rebuilt or undergo major changes. However, smaller majorities express this view than did so five years ago.

The public’s desire for fundamental change does not mean it supports reductions in the benefits provided by Social Security, Medicare or Medicaid. Relatively few are willing to see benefit cuts as part of the solution, regardless of whether the problem being addressed is the federal budget deficit, state budget shortfalls or the financial viability of the entitlement programs.

Jim DeMint is one of the people that should be the first in line to be charged with treason and gross stupidity. Where was Senator DeMint when all the votes were taken to spend all this money to start out with? Plus, all those irresponsible revenue cuts back in the early 2000s when we basically had a balanced budget?  He was a congressman from 1999-2005 so certainly he must’ve tried to stop Dubya Bush from all that spending!

Sen. Jim DeMint (R-S.C.) said Wednesday night that Republicans should maintain their hardline position in the debt-ceiling debate even if it results in “serious disruptions” to the economy.

“What I’m advocating here is, let’s use this as a point of leverage, give the president an increase, but don’t come away without real cuts from real caps and spending, and without a balanced budget,” DeMint said on FOX Business Network.

“We’re at the point where there would have to be some, you know, some serious disruptions in order not to raise [the debt ceiling],” he said. “I’m willing to do that.”

The president pushed the economy into “crisis” mode, according to DeMint. He said the president has been “burning time” with the deficit negotiations led by Vice President Biden, when the looming debt ceiling and budget deficit could have been addressed last year.

DeMint, well-known for speaking out in favor of limited government and balancing the budget, told host Andrew Napolitano that if Republicans and Democrats couldn’t vote in “something permanent” that would limit government spending, “we’re going to continue to spend [until] the total country collapses.”

Warren Buffet says  the GOP is Threatening To ‘Blow Your Brains Out’ Over Debt Ceiling

Republicans are playing a dangerous game by refusing to raise the debt ceiling, according to Berkshire Hathaway CEO Warren Buffett.

“We raised the debt ceiling seven times during the Bush Administration,” Buffett told CNBC on Thursday. Now, the Republican-controlled Congress is “trying to use the incentive now that we’re going to blow your brains out, America, in terms of your debt worthiness over time.”

If Congress fails to raise the borrowing limit of the federal government by August 2, the date when the U.S. will reach the limit of its borrowing abilities, it will likely begin defaulting on its loans.

Buffett, who according to the Washington Post has helped raise money for Democratic candidates like Hilary Clinton in the past, has been highly critical of the actions of the Republican-controlled Congress. In May, Buffett stated at a Berkshire Hathaway shareholder’s meeting that if the Congress failed to raise the debt ceiling, it would constitute “the most asinine act” in the nation’s history, reports Reuters.

Other political news is equally disheartening.  Most of the governments in the states are as crazy–if not crazier–than the US Congress.  Planned Parenthood in North Carolina is suing the state over budget cuts designed to cut access to much used and cost saving preventive health care.

One of North Carolina’s two Planned Parenthood affiliates filed a federal lawsuit Thursday to invalidate part of the new state budget that cuts it off from federal or state funds for family planning.

The budget, written by Republicans in control of the General Assembly for the first time in more than a century, states that Planned Parenthood and its affiliates are forbidden from receiving any contracts or grants from the state health agency. The lawsuit filed in Greensboro’s federal court by Planned Parenthood of Central North Carolina contends the group is being punished for its abortion-rights advocacy, saying that violates its free-speech protections.

The organization is barred by law from using public money to perform abortions and uses the government contracts to provide family planning or teen pregnancy prevention services, yet is being singled out because Planned Parenthood supports abortion rights, the lawsuit said. Efforts to cut off funds to Planned Parenthood affiliates in North Carolina are similar to those in Kansas and Indiana, which were also met with federal lawsuits, the group’s attorneys said.

“Their sole purpose is to single out, vilify, and punish Planned Parenthood as a particularly visible provider and advocate — even though, ironically, the eliminated funds have nothing to do with abortion, but will only deprive low-income people of desperately needed health services and teen pregnancy prevention programs,” the lawsuit said.

Planned Parenthood of Central North Carolina received $287,000 in federal, state and matching local funds in the year that ended last week for teen pregnancy prevention and family planning programs that provided contraceptives to poor women, according to the state Department of Health and Human Services. The non-profit operates from locations in Chapel Hill, Durham, and Fayetteville.

Some of the most extremist pastors are signing on to Texas Governor Rick Perry’s Pray-a polooza.  Talk about a hater-thon.  Remember, Perry is supposed to be the ‘electable’ Republican.

And we already knew Perry didn’t care much about including, or even not offending, non-Christians: his personal letter announcing the event calls on the entire nation to pray to Jesus Christ. But the news, reported by Right Wing Watch, that a radical pastor named C. Peter Wagner has signed on as an official endorser of The Response deserves more attention.

The Colorado-based Wagner, who is featured on the website of The Response, is the head of Global Harvest Ministries.

His brand of evangelicalism, known as the New Apostolic Reformation, is characterized by extreme hostility to other religions. In this passage from his book “Hard-Core Idolatry: Facing the Facts,” Wagner praises the burning of Catholic saints, copies of the Book of Mormon, voodoo dolls, and other “idols”

Yup, welcome to the new surreality.  All we need is Rod Serling introducing the morning reads today and I’d say that would be about right.

What’s on your reading and blogging list today?

Thursday Reads: DADT Decision, Bachmann Surging, High-Profile Trials, and Mega-Wombats

Posted: July 7, 2011 | Author: | Filed under: 2012 presidential campaign, Crime, morning reads, Republican presidential politics, Team Obama, The Media SUCKS, U.S. Politics, Violence against women | Tags: , , , , , , , , , , , , , , , , , , , | 27 Comments

Good Morning!! I think I have some interesting reads for you today, so let’s get right to it.

The biggest story of the day is that the Ninth Circuit Court Of Appeals has ordered the Obama administration to quit stalling and get rid of DADT immediately.

A three-judge panel of the United States Court of Appeals for the Ninth Circuit issued a two-page order against the policy known as “don’t ask, don’t tell” in a case brought by the group Log Cabin Republicans.

In 2010, a federal judge in California, Virginia A. Phillips, ruled that the law was unconstitutional and ordered the government to stop enforcing it. That decision was appealed to the Ninth Circuit, which issued a stay allowing the government to continue enforcing the policy as it made its way through the courts.

Congress repealed the policy last year, but called for a lengthy process of preparation, training and certification, still under way, before ending it….

Judges Alex Kozinski, Kim McLane Wardlaw and Richard A. Paez stated in their order that “circumstances and balance of hardships had changed” since their initial ruling: the Obama administration had informed the court that repeal of the policy was “well under way,” and in a filing in another case on July 1, the Department of Justice took the position that discrimination based on sexual orientation should be subjected to tough scrutiny. The government, the judges wrote, “can no longer satisfy the demanding standard for issuance of a stay.”

And the credit goes to the Log Cabin Republicans, because Democrats are too weak and cowardly to do anything useful anymore.

As I predicted, Michele Bachmann is making gains on Mitt Romney in New Hampshire, according to the latest PPP Poll.

When PPP polled New Hampshire in April Michele Bachmann was stuck at 4%. She’s gained 14 points over the last three months and now finds herself within single digits of Mitt Romney. Romney continues to lead the way in the state with 25% to 18% for Bachmann, 11% for Sarah Palin, 9% for Ron Paul, 7% for Rick Perry and Herman Cain, 6% for Jon Huntsman and Tim Pawlenty, and 4% for Newt Gingrich.

Bachmann’s surge in New Hampshire is being built on the back of the Tea Party. Among voters identifying themselves as members of that movement she’s leading the way at 25% with Palin and Romney tying for second at 16%, and Cain also placing in double digits at 11%. Only 33% of Republican primary voters in the state identify themselves as Tea Partiers though and with the remaining folks Romney’s way ahead with 33% to 13% for Bachmann, and 10% for Huntsman and Paul.

Don’t say I didn’t warn you.

The 14 men (and 5 boys whose names are being withheld because they are juveniles) who gang raped an 11-year-old Texas girl were due in court yesterday.

Four of the accused face charges of continuous sexual abuse of a child, while the majority of the men have been charged with aggravated sexual assault of a child. All defendants are expected to appear in the Liberty, Texas courtroom today for status updates, according to the Associated Press.

Cleveland police began investigating the case in December of last year after cell phone video showing the alleged sex attack started circulating among students at Cleveland schools, according to court documents. The video shows the girl engaged in sexual acts with several men….Most of the men who face charges are free on bond. One of the accused men, Marcus Porchia, 26, has been implicated in another unrelated case for sexual assault.

The trial has been postponed until October because of delays in DNA testing.

“I’m going to pressure the state to pressure the DPS lab to get whatever analysis as quickly as possible,” state District Judge Mark Morefield said.

Morefield reset the 14 men’s cases for Oct. 3. Five juvenile boys also have been charged.

During the hearing, Warren told the judge his office was in tentative negotiations with at least one of the defendants, Jared McPherson. Warren did not say if he was referring to a possible plea agreement and he declined to comment after the hearing. McPherson’s attorney also declined to comment. A gag order is preventing those connected to the case from commenting.

Something tells me this trial won’t get as much publicity as the Casey Anthony trial. I hope I’m wrong, because this is a horrendous crime against a child, and these men need to be put away for a very long time.

Actually the next high profile trial I expect to follow is that of Amy Bishop, the professor who opened fire in a faculty meeting after failing to get tenure. So far the judge is planning to keep the trial open to the public. I hope it will be televised. Once Bishop finishes that trial, she’ll have to go to Massachusetts and face murder charges in the shooting of her brother in 1986.

There’s already a true crime book out about the Bishop case.

The Amy Bishop story inspires fear, confusion, and now 258 pages of true crime drama.

Attorney Mark McDaniel says the lawyers involved in the case will be hurrying to read the book.

McDaniel says, “I promise you the defense lawyers and the prosecutors are reading that, probably reading it today.”

And then there’s the Whitey Bulger trial. Bulger pled not guilty to 19 murders today.

The retired state police colonel who oversaw the unearthing of the remains of several of the people James “Whitey” Bulger is accused of killing from crude mass graves said he felt some personal satisfaction yesterday in seeing his notorious nemesis “a broken man” in chains before a judge.

But retired Col. Thomas J. Foley said that for the families to hear Bulger, 81, plead not guilty to 32 charges, including 19 murders, extortion, machine-gun possession and money laundering, “I’m sure had to be a difficult pill for the families to swallow.”

Assistant U.S. Attorney Brian Kelly said that should the case go to a trial, he expects prosecutors will need at least a month to present evidence and up to 40 witnesses.

J.W. Carney Jr., Bulger’s public defender, would not say whether his client, who faces life imprisonment here and could face the death penalty in murder cases pending in Florida and Oklahoma, is interested in striking a plea deal.

Boston Herald columnist Peter Gelzinis is asking Whitey’s politically powerful brother Billy Bulger to get Whitey to talk.

William M. Bulger, former president of the state Senate and the University of Massachusetts, sits in the front row in a charcoal business suit, a look of implacable rectitude frozen on his pale face.

Around Billy in the courtroom are the wives, brothers, sons and daughters of some of the 19 people Whitey is accused of killing. Billy knows they are there, but never acknowledges them. Strange for a man who began his star-crossed career as a lawyer taking cases in South Boston District Court.

As this circus lumbers forward, it will become increasingly obvious that the only man who can clear a path to something called justice is Billy Bulger, the man some people still think of as “The Good Brother.”

Billy should do what he refused to do 10 years ago before a grand jury and a congressional committee. He should have the courage to confront his brother and urge him to give some small semblance of peace to the families he’s wounded by coming clean. Billy should ask Whitey to take ownership of his sins.

I’ve got a few reactions to the verdict in the Casey Anthony case. James Wolcott says he didn’t follow the case closely, but based on what he did see he wasn’t surprised at the not guilty verdict.

I seemed to be one of the few whose world didn’t flip sideways–I wasn’t that surprised and if anything pleased that the jury made up its own collective mind in defiance of the lynch-mob clamor on the cable channels.

It can’t be said that the know-nothing know-it-alls on Fox News and Nancy Grace’s Sweeney Todd cooking school accepted the jury’s verdict with modesty and maturity. After expressing shock and taking turns to tell us how “stunned” they were, they accused the jury of suffering from Stockholm Syndrome (staring at Casey Anthony’s face somehow melting their reason and resolve), appearing to resent that fact that the defendant might be freed soon (since she might be granted time-served on the lesser charges, having already served years behind bars), and acting peevish that they didn’t get their way, having already convicted Casey Anthony on the airwaves for years now and treating the trial as an audiovisual demonstration of what to them was self-evident.

“Appearing to resent” and “peevish” are too mild, actually–many of the instant commentators on cable were visibly, audibly angry at the AUDACITY these acquittals.

Failed OJ prosecutor Marcia Clark thinks the verdict in the Anthony case is even worse than what happened with OJ.

…it was a circumstantial case. Most cases are. But the circumstances were compelling. Maybe not sufficient to prove premeditated murder—and I never believed the jury would approve the death penalty—but certainly enough to find Casey Anthony guilty of manslaughter at the very least.

Why didn’t they? My guess, since I’m writing this before the inevitable juror cameos, is that the jury didn’t necessarily believe Casey was innocent but weren’t convinced enough of her guilt to bring in a conviction. The thinking goes something like this: Sure, Casey’s behavior after her daughter’s death looks bad—dancing, partying, lying—but that doesn’t mean she killed the baby. Sure, that duct tape was weird, but that could’ve been done after the baby was already dead—no way to know who or when that tape was put on the baby’s face. Sure, the chloroform computer search seems damning, but that may not even have been done by Casey (her mom took the fall for that one).

And so, every bit of evidence presented by the prosecution could’ve been tinged with doubt. At the end of the day, the jury might have found that they just couldn’t convict her based on evidence that was reconcilable with an innocent explanation—even if the weight of logic favored the guilty one.

It’s a thoughtful article, highly recommended. Clark may be right about the jury, because at least one juror is already talking. She says she felt sick to her stomach at having to vote not guilty.

I wonder why she didn’t push for manslaughter then or at least child endangerment?

Jeralyn wrote a couple of good posts on the Anthony case yesterday: The Meaning of a Not Guilty Verdict and So Many Ignorant Reactions to Casey Anthony Acquittal. She had a few choice words for the HLN vampires.

HLN…proceeded to blast the defense team for holding a victory party and sharing a toast of champagne. Excuse me? This team didn’t work as hard as the prosecution? With fewer resources? The defense team saved a life today. That’s as close to G-ds work as it gets for criminal defense lawyers. Why shouldn’t they be proud? They held the state to its burden of proof and the state failed to meet it.

[….]

One viewer said the jury got it wrong because unlike everyone else, they weren’t privy to what was being said on Facebook and Twitter. The host agreed, saying the jury was in a vacuum in the courtroom. Hello? The jury was in the courtroom and heard and saw all the evidence. They were sequestered so they would be free from outside influences and prejudice. The jurors were the ones who received the judge’s instructions on how to apply the law. Did anyone bother to post or read all the instructions on Facebook and Twitter?

[….]

I wish the news media would stop saying no one will ever be held accountable for the little girl’s murder. It hasn’t be proven there was a murder. The defense argued it was an accident. The state took its best shot and came up short.

Congratulations to Jose Baez, Cheney Mason and everyone else on the defense team. They represented their client with pride and dedication, and with enormous sacrifices to their personal lives and law practices. They successfully battered the junk science, and prevailed in the long run — despite the unprofessional conduct of a prosecutor who smirked throughout their closing argument.

Modern day wombat

A fossilized “mega-wombat” has been dug up in Australia.

The fossil of a car sized mega-wombat has been unearthed in northern Australia, scientists said Wednesday — the most complete skeleton of its kind.

Weighing in at a whopping three tonnes, the herbivorous diprotodon was the largest marsupial to ever roam the earth and lived between two million and 50,000 years ago.

A relative of the modern-day wombat, the diprotodon skeleton was dug up in remote Queensland last week — the most northerly specimen ever discovered — and scientists believe it could shed valuable light on the species’ demise.

Mega-Wombat

Along with Australia’s other megafauna, which included towering kangaroos and gigantic crocodiles, diprotodon became extinct around the same time that indigenous tribes first appeared and debate has raged about the role of humans.

Very cool.

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

Tuesday Reads: Voodoo Economics, Whistleblowing, Torture, and Violence against Women and Children

Posted: July 5, 2011 | Author: | Filed under: morning reads, psychology, Republican politics, Team Obama, The Media SUCKS, the villagers, torture, U.S. Economy, U.S. Military, U.S. Politics, Violence against women, voodoo economics, Wikileaks | Tags: , , , , , , , , , , , | 26 Comments

Coffe and Morning News, by Tim Nyberg

Good Morning!!! Gee, that title doesn’t look so cheery, does it? Sorry, but please read on. Since we just ended a long holiday weekend, there’s not a whole lot of news happening, but I located a few interesting reads for you.

Dakinikat has been hammering away at the lack of economic knowledge in the media and in our government. Yesterday, she pointed me to this great piece by Mark Thoma in which he once again explained what actually caused the economic meltdown and why our “leaders” are doing the wrong things to help the economy recover.

I’ve written about this so much it’s hard to muster the will to take it on yet again, especially with the attitude it deserves, and I liked the second column better. But with David Brooks, George Will, and a new book by Gretchen Morgenson and Josh Rosner recently pushing the idea that Fannie, Freddie, and Democrats caused the financial crisis it’s important to push back. The right is very good at repeating their story line over and over and over, and if that redundancy goes unmatched — if they are allowed to have the last word many, many times over — they stand a good chance of capturing the narrative.

Actually, they’ve already “captured the narrative,” and President Obama has bought into it too. I don’t know if I can excerpt this piece, you really need to read the whole thing. But here’s just a bit:

…the targets for home ownership that supposedly led to Fannie and Freddie’s aggressive entry into subprime markets were set in 1992. If these targets were the problem, why didn’t the crisis occur sooner?

….if Fannie and Freddie had never existed, securitization would have likely happened anyway. As Barry Ritholtz notes, “securitized credit card receivables, auto loans, small biz loans, etc. took place without GSEs. I assume there would likely have been a private sector version for conforming loans, the way there was a private sector securitizing response to the demand for non-conforming (sub-prime) loans.”

The bottom line is that the case that the CRA, Fannie, and Freddie – and by implication Democrats supporting these institutions – were key players in the crisis is at odds with the evidence. Don’t get me wrong, there are lots for reasons to be concerned about Fannie and Freddie, and I’m not trying to defend them or their choices, but the idea that support of these institutions caused the financial crisis is wrong.

Hey, I’ve said this till I’m blue in the face, but I’ll say it again. We needed to put a Democrat in the White House in 2008.

Paul Krugman is also lamenting the economic ignorance in high places.

Watching the evolution of economic discussion in Washington over the past couple of years has been a disheartening experience. Month by month, the discourse has gotten more primitive; with stunning speed, the lessons of the 2008 financial crisis have been forgotten, and the very ideas that got us into the crisis — regulation is always bad, what’s good for the bankers is good for America, tax cuts are the universal elixir — have regained their hold.

And now trickle-down economics — specifically, the idea that anything that increases corporate profits is good for the economy — is making a comeback.

On the face of it, this seems bizarre. Over the last two years profits have soared while unemployment has remained disastrously high. Why should anyone believe that handing even more money to corporations, no strings attached, would lead to faster job creation?

Nonetheless, trickle-down is clearly on the ascendant — and even some Democrats are buying into it.

Once again, if we had put a Democrat in the White House in 2008, perhaps things would be different….

Via Kevin Drum, this article about NJ Governor Chris Christie contains some priceless quotes from NJ Senate President Stephen Sweeney.

Senate President Stephen Sweeney went to bed furious Thursday night after reviewing the governor’s line-item veto of the state budget. He woke up Friday morning even angrier.

“This is all about him being a bully and a punk,” he said in an interview Friday. “I wanted to punch him in his head.”

Sweeney had just risked his political neck to support the governor’s pension and health reform, and his reward was a slap across the face. The governor’s budget was a brusque rejection of every Democratic move, and Sweeney couldn’t even get an audience with the governor to discuss it.

“You know who he reminds me of?” Sweeney says. “Mr. Potter from ‘It’s a Wonderful Life,’ the mean old bastard who screws everybody”….The governor’s budget, he says, is full of vindictive cuts designed to punish Democrats, and anyone else who dared to defy him. And he is furious that the governor refused to talk to him during the final week….“He’s mean-spirited,” Sweeney said in the Friday interview. “He’s angry. If you don’t do what he says, I liken it to being spoiled, I’m going to get my way, or else.” And: “He’s a rotten prick.”

Jeeze, why doesn’t he tell us how he really feels?

Glenn Greenwald has a great post up about Bradley Manning’s motives for whistleblowing, drawn from some recently released “chat logs and other on-line communications” between Manning and another young man. The information was published in New York Magazine in an attempt to make Manning look psychologically troubled, but Greenwald reads the information differently. Here’s how Manning responded when asked what he was trying to accomplish:

hopefully worldwide discussion, debates, and reforms – if not, than [sic] we’re doomed – as a species – i will officially give up on the society we have if nothing happens – the reaction to the [Collateral Murder] video gave me immense hope; CNN’s iReport was overwhelmed; Twitter exploded – people who saw, knew there was something wrong . . . Washington Post sat on the video… David Finkel acquired a copy while embedded out here. . . . – i want people to see the truth… regardless of who they are… because without information, you cannot make informed decisions as a public.

Greenwald goes on to argue that many of Manning’s goals have actually been achieved. He made a difference, and that’s why our government is persecuting him.

At Danger Room there’s a very interesting review of a new book by former CIA operative Glenn Carle. The memoir tells the story of a CIA “black site” and a supposed senior al-Qaida operative that Carle was assigned to break. Eventually, Carle realized the man was innocent.

Uneasy with the CIA’s new, relaxed rules for questioning, which allow him to torture, Carle instead tries to build a rapport with the man he calls CAPTUS. But CAPTUS doesn’t divulge the al-Qaida plans the CIA suspects him of knowing. So the agency sends him to “Hotel California” — an unacknowledged prison, beyond the reach of the Red Cross or international law….

Carle provides the first detailed description of a so-called “black site.” At an isolated “discretely guarded, unremarkable” facility in an undisclosed foreign country (though one where the Soviets once operated), hidden CIA interrogators work endless hours while heavy metal blasts captives’ eardrums and disrupts their sleep schedules. But Carle — codename: REDEMPTOR — comes to believe CAPTUS is innocent….

“We had destroyed the man’s life based on an error,” he writes. But the black site is a bureaucratic hell: CAPTUS’ reluctance to tell CIA what it wants to hear makes the far-off agency headquarters more determined to torture him. Carle’s resistance, shared by some at Hotel California, makes him suspect. He leaves CAPTUS in the black site after 10 intense days, questioning whether his psychological manipulation of CAPTUS made him, ultimately, a torturer himself. Eight years later, the CIA unceremoniously released CAPTUS.

The jury has begun deliberations in the Casey Anthony case. I have continued to watch the trial closely and listened to all of the closing statements.

I know I’ll probably get yelled at for saying this, but if I were on the jury, I would have to go with one of the lesser charges, because there just isn’t any evidence to show how the child was killed. I do believe Casey Anthony should go to prison for a long time, but this trial has turned into a witch hunt.

If a man had done what Anthony did, there would never have been this much publicity and this amount of rage against the perpetrator. I shouldn’t have to point out that both men and women kill their children every day in this country. Both women and children are devalued in this country, and they are routinely abused and murdered. There are a number of reasons why this woman has been treated differently, but what she did is far from unique.

I honestly think Casey’s father George was involved with the disposal of the body at least. What motive did he have? I’ll tell you. George and Cindy Anthony thought the father of the child could have been either George or Casey’s brother Lee. I am convinced there was sexual abuse in that family. I can’t see how Casey could have become what she is without severe abuse. JMHO, based on personal experience and serious study of the effects of child sexual abuse.

Until we get serious about protecting children in this country, children will continue to die at the hands of their parents and other caregivers.

There is some possible news in the other case I’ve been following–the young Indiana University student who disappeared about four weeks ago, Lauren Spierer. The body of a woman has been found in a creek in Indianapolis. There are a couple of other missing women in Indiana, so it’s not clear this is Spierer. I just have a feeling it might be.

Police investigating the disappearance of Indiana University student Lauren Spierer are awaiting the results of an autopsy Tuesday of a decomposed female body found Sunday on the northeast side of Indianapolis.

The body, found a month after the Edgemont, N.Y., native went missing, had not been identified as of Monday night, and Bloomington, Ind., police have given no indication whether it may be her.

Spierer disappeared after a night when she had told her boyfriend she wanted to stay home. There are reports that they had had a fight. After midnight, she went out with some male friends, spent some time with them watching TV and then went with one of the young men to popular local bar. When she returned to her apartment with him, a group of men (possibly friends of her boyfriend) accosted them and punched her companion in the face.

The two then left and supposedly went to this young man’s apartment where he passed out. She then went to another apartment where another male friend lived. This man claims to have seen her leave his place at 4:30AM and turn the corner on her way home, but there is no independent confirmation of that.

At first this was investigated as a stranger abduction, but Spierer’s “friends” have all clammed up, and several have refused to talk to police and have retained lawyers. Most of them, including the boyfriend and the last guy to see Spirer, hightailed it out of town almost immediately. So now it looks like something bad happened to Spierer that night and these “friends” know something.

Since I grew up in Indiana and my sister lives in Bloomington, I’ve been following this case pretty closely. But women “disappear” every day too. Why do Americans tolerate it? Why do so many Americans seem to see the pervasive violence against women in this country as somehow normal?

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

Independence Day Reads

Posted: July 4, 2011 | Author: | Filed under: Bailout Blues, Domestic Policy, Economy, Foreign Affairs, Global Financial Crisis, Greece, investment banking, morning reads | Tags: , , , , , , , , , | 16 Comments

Happy Independence Day!

We have a republic and a lot of people have sacrificed a lot over the last several centuries to keep it.  Too bad most of our politicians aren’t in that number.  They can’t see past their next elections.

It seems that two senators– McCain and Corynyn–say they’re open to tax increases as a way to solve the budget stand off.   Guess there are a few of them left that would prefer not to tank our economy. Let’s hope this starts some real negotiations instead of the usual Republican hostage taking and Democratic cave-in that’s been politics as usual the last dozen years or so.

One of the senators, John Cornyn of Texas, said he would consider eliminating some tax breaks and corporate subsidies in the context of changes in the tax code, provided there was not an overall increase in taxes.

“I think it’s clear that the Republicans are opposed to any tax hikes, particularly during a fragile economic recovery,” Mr. Cornyn said on “Fox News Sunday.” “Now, do we believe tax reform is necessary? I would say absolutely.”

But he insisted that any changes in taxes be “revenue neutral,” meaning that the government would not take in any more money from individuals or businesses than it does now.

The other senator, John McCain of Arizona, said he would be willing to consider some “revenue raisers” as part of a broad deal, but he refused to name specific measures.

Mr. Cornyn, a member of the Senate leadership, also said that Republicans would be open to a short-term deal on the debt ceiling to provide more time for a comprehensive agreement.

Let’s also hope that more reasonable and less ideological heads prevail on the right and that the left stands up for what’s right for a change.  Former President Clinton had a words of policy advice over the weekend.  His advice to President Obama is “not to blink”.

Former President Bill Clinton Saturday night urged President Obama not to “blink” at Republican demands to exclude revenue increases from any agreement to extend the government’s debt ceiling.

If Republicans maintain their opposition to revenue increases, Clinton said, Obama should pursue a short-term deal to extend the debt ceiling based on spending cuts both sides have already accepted in the negotiations between the administration and Congressional leaders from both parties.

“I hope they will make a mini-deal,” Clinton said in an interview conducted with him at the Aspen Ideas Festival here.

The White House and Congressional negotiators from both parties are attempting to assemble a deficit reduction package that could win support in Congress for legislation to extend the nation’s debt ceiling, which the Treasury says the government will reach on August 2. The talks have foundered amid demands from Congressional Republicans to exclude any revenue increases from that prospective deficit reduction package.

Asked what the administration could do if GOP leaders hold to that posture, Clinton replied: “First the White House could blink. I hope that won’t happen. I don’t think they should blink.”

If Republicans will not accept revenues in a package to lift the debt ceiling by August 2, Clinton said, Obama should pursue a short-term agreement based on the spending reductions both sides have already accepted.

“There are some spending cuts they agree on …and he can take those and [get] an extension of the debt ceiling for six or eight months,” Clinton said.

Clinton also called on a package of reforms to US tax policy that includes a corporate tax cut if special interest tax loops are closed.  This is something Obama has also supported.

“It made sense when I did it. It doesn’t make sense anymore – we’ve got an uncompetitive rate. We tax at 35 percent of income, although we only take about 23 percent. So, we SHOULD cut the rate to 25 percent, or whatever’s competitive, and eliminate a lot of the deductions so that we still get a FAIR amount, and there’s not so much variance in what the corporations pay. But how can they do that by Aug. 2?”

Clinton also said Grover Norquist, who as president of Americans for Tax Reform is the GOP’s unofficial enforcer of no-new-taxes pledges, has a “chilling” hold on the nation’s lawmaking.

The former president said it has seemed like Republicans need any revenue concessions need to be “approved in advance by Grover Norquist.”

“You’re laughing,” he told the crowd of 800. “But he was quoted in the paper the other day saying he gave Republican senators PERMISSION … on getting rid of the ethanol subsidies. I thought, ‘My GOD, what has this country come to when one person has to give you permission to do what’s best for the country.’ It was chilling.

There’s an extremely interesting piece at The Atlantic Wire on “What Really Happened at Fukushima”. It includes interviews with workers that have been inside the crippled nuclear plant.

Throughout the months of lies and misinformation, one story has stuck: “The earthquake knocked out the plant’s electric power, halting cooling to its reactors,” as the government spokesman Yukio Edano said at a March 15 press conference in Tokyo. The story, which has been repeated again and again, boils down to this: “after the earthquake, the tsunami – a unique, unforeseeable [the Japanese word is soteigai] event – then washed out the plant’s back-up generators, shutting down all cooling and starting the chain of events that would cause the world’s first triple meltdown to occur.”

But what if recirculation pipes and cooling pipes, burst, snapped, leaked, and broke completely after the earthquake — long before the tidal wave reached the facilities, long before the electricity went out? This would surprise few people familiar with the 40-year-old Unit 1, the grandfather of the nuclear reactors still operating in Japan.

The authors have spoken to several workers at the plant who recite the same story: Serious damage to piping and at least one of the reactors before the tsunami hit. All have requested anonymity because they are still working at the plant or are connected with TEPCO. One worker, a 27-year-old maintenance engineer who was at the Fukushima complex on March 11, recalls hissing and leaking pipes.  “I personally saw pipes that came apart and I assume that there were many more that had been broken throughout the plant. There’s no doubt that the earthquake did a lot of damage inside the plant,” he said. “There were definitely leaking pipes, but we don’t know which pipes – that has to be investigated. I also saw that part of the wall of the turbine building for Unit 1 had come away. That crack might have affected the reactor.”

The reactor walls of the reactor are quite fragile, he notes. “If the walls are too rigid, they can crack under the slightest pressure from inside so they have to be breakable because if the pressure is kept inside and there is a buildup of pressure, it can damage the equipment inside the walls so it needs to be allowed to escape. It’s designed to give during a crisis, if not it could be worse – that might be shocking to others, but to us it’s common sense.”

Here’s some frightening news on the disaster in Japan. Radioactive Cesium has been found in Tokyo’s water supply.

Radioactive cesium-137 was found in Tokyo’s tap water for the first time since April as Japan grapples with the worst nuclear disaster in 25 years.

Cesium-137 concentration registered at 0.14 becquerels per kilogram in the city’s Shinjuku ward on July 2, compared with 0.21 becquerels on April 22, according to the Tokyo Metropolitan Institute of Public Health. No cesium-134 or iodine-131 was detected, the agency said on its website.

The Nuclear Safety Commission of Japan sets a safety limit of 200 becquerels per kilogram for cesium-134 and cesium-137. The limit for iodine-131 consumption is 300 becquerels per kilogram.

Japan is battling radiation leaks into the air, soil and water after an earthquake and tsunami on March 11 knocked out cooling systems at Tokyo Electric Power Co.’s Fukushima Dai- Ichi nuclear station, resulting in the meltdown of three of the six reactors at the plant.

The UK Guardian lists an interesting set of Greek public assets for sale.  Many have no buyers.  Bobby Jindal is putting up a lot of Louisiana assets for sale too.  I wonder if this is going to be the new way to raise money.  The Kochs already rent a big chunk of Yellowstone.   Let’s hope we don’t have to put our national treasures on the chopping block.

Up for sale are 39 airports, 850 ports, railways, motorways, sewage works, a couple of energy companies, banks, defence groups, thousands of acres of land for development, casinos and Greece’s national lottery. George Christodoulakis, Greece’s special secretary for asset restructuring and privatisations, said the sell-off would raise €50bn (£44bn) to help pay back the country’s €110bn bailout debt.

The private equity bosses gathered in the hotel’s ballroom for the parade of Greece’s national treasures showed little interest in buying anything.

Nikos Stathopoulous, managing partner of BC Partners, which has invested more than €3.5bn in Greece, said investors are put off by bureaucracy, strong unions, corruption and a lack of transparency. “Even in the good times Greece is not a country that attracts investment. Foreign investors don’t want to invest in a country where there is no flexibility in hiring and firing people,” he said. “You don’t want to invest in a country in which you wake up and a new law has been passed which totally undermines and destroys the value of the investment you’ve just made.”

Stathopoulous said investors were finding it very hard to assess the risk of investing into Greece, which means assets “will be priced at lower than they are worth, lower than the Greek government, and even the European Union, expects”.

Here’s a compelling argument for getting the shadow banking sector into a more regulated, transparent, and standardized order.  It’s written by Henry Tabe who is a Founding Partner of Sequoia Investment Management Company Ltd.  It particularly addresses the use of the Structured Investment Vehicle (SIV).  Complex, nonstandard, and unregulated markets make pricing assets difficult and introduce unnecessary risk and volatility.

Risk management requires identification, measurement, aggregation, and effective management of risks. It should help businesses allocate sufficient capital for survival and growth. The SIV’s extinction highlights risk management failures by the vehicles, their sponsors, rating agencies, policymakers, and regulators.

Financial regulators permitted bank, insurance company, pension, and hedge-fund sponsors to establish SIV “mini-banks” without ensuring that they maintain sufficient capital or back-stop liquidity in the event of a run. Policymakers also seemed unaware of the knock-on effects of the SIV’s demise on the securitisation and global credit markets. The Financial Security Authority’s call for regulators to incorporate sectoral analytical capabilities in their micro-prudential policies should help close the knowledge gap and ensure that timely solutions can be implemented to avert collapses that engender significantly more stress on the financial system (FSA 2009).

Lessons learned include the tightening of regulation governing the sponsorship of off-balance-sheet structures and the sizing of their capital and liquidity needs. These require that regulators adopt a more proactive, dampening role in the wild swings from exuberance to despair that are so characteristic of the financial markets. Discussions around contingent capital and similar products suggest regulators have embraced that dampening role and moved away from the prevailing pre-crisis philosophy of minimal regulation.

Lessons learned also include closer supervision of shadow banks, more skin-in-the-game for their sponsors, in-house retention of risk-analytics capabilities by investors, and less reliance on credit-rating agencies. The agencies themselves are more tightly supervised in order to reduce ratings shopping by issuers and inherent conflicts of interest in the business model (CESR 2009). Tighter regulation will also help to ensure that the agencies improve the monitoring of analyst performance, qualifications, and experience (Dodd-Frank 2010).

These measures should help restore confidence in rating agencies and the global financial system, an outcome more urgently required given on-going turmoil in the sovereign debt market.

So, there’s some wonky goodness to keep you entertained if you’re inside today.  Be sure to let us know what you’re reading and blogging!  Hope your Fourth of July is a happy one!

Saturday: Females are Fabulous (all the moreso during Fourth of July weekend)

Posted: July 2, 2011 | Author: | Filed under: Hillary Clinton, Human Rights, morning reads, Women's Rights | 26 Comments

Secretary of State Hillary Clinton and Lithuania's President Dalia Grybauskaite attend the international conference "Women Enhancing Democracy: Best Practices" in Vilnius on June 30, 2011 AFP PHOTO PETRAS MALUKAS (Click photo to read a transcript of Dalia's and Hillary's post-bilateral remarks.)

Morning, news junkies.

Do you remember the I Love Lucy episode where Lucy goes on “Females are Fabulous” (game show which the announcer says is “based on the theory that any woman is willing to make an idiot out of herself in order to win a prize”)? Well, I was watching that episode while I was on the treadmill yesterday, a little after I saw the picture to the right, of Hillary and Dalia, which I instantly knew would be my Saturday intro pick. I figured this roundup is as good a time as any to turn that concept on its head… So here’s to the modern fabulous woman, based on the theory that women can compete in a man’s world instead of having to do stupid pet tricks to be recognized! For this weekend’s roundup, I’m going to stick mostly to items about women who are doing just that. Which means–you guessed it–a whole lotta Hillary.

Hillary in Lithuania…

…on Thursday, heralding the fight for women’s rights as “the great struggle of the 21st century” at the Women Enhancing Democracy Event (great applause/laugh line in bold):

Sometimes dignity means nothing more profound than to walk safely to fetch water or visit a friend without fear that you’ll be beaten, harassed, or kidnapped. But for too many women in too many places, even these most basic rights remain a distant dream. Whether you are a woman in downtown Cairo or a mother in a small Indian village or a girl growing up right here in Vilnius or in New York City, we have to send a clear, unmistakable message that young women, just like young men, have the right to their dreams and their dignity in the 21st century.

When you look back at the last 300 years of history, you can see a pattern. You can see that the 19th century, the great human rights struggle was against organized slavery; the 20th century, the great struggle was against totalitarianism; the great struggle of the 21st century is to ensure that women are fully given the rights they have as human beings – in their families, in their societies, and in the world.

So let us work together, day by day, to make sure that when we meet again 10 years from now, we will be able to look back on progress, not only continuing progress in my country, which someday, perhaps, will match Finland and Lithuania with having a woman president – (laughter) – but in every country everywhere – (applause). And particularly, let those of us who enjoy the benefits of freedom, for whom legal restrictions and barriers have been broken down, and what remains are more internal, more psychological – let us be sure that we keep opening doors for those elsewhere. We cannot take any solace in our own freedoms when women elsewhere are denied those same rights.

…and on Friday, still in Lithuania, issuing remarks on Women’s Rights in the MENA region. (“As one woman put it, the men were keen for me to be here when we demanding that Mubarak should go, but now that he has gone, they want me to go home.”) The New Age, a South African paper, headline on Hillary’s remarks: “Clinton warns against sidelining women in Arab Spring.” Hillary gave a news conference with remarks specifically on Syria as well.

And, here’s a neat interview she did with a female journalist in Lithuania:

QUESTION: Secretary Clinton, former First Lady of the United States Eleanor Roosevelt only allowed female reporters to her press conferences, forcing – so editors to hire women. Do such methods – should be taken in our days for similar reasons, for – strengthen positions of women?

SECRETARY CLINTON: I think that’s a very interesting question. Eleanor Roosevelt is someone whom I admire greatly, and because she would only be interviewed by women reporters, she forced newspapers to hire more women. I think that that is probably not necessary in today’s world because you’re sitting there and I am frequently interviewed by very able women reporters. But I do think that focusing on women’s rights and equality for women remains a very big issue for the world today.

Kat also sent me this great extensive writeup from Bloomberg on Hillary’s remarks about women at the African Union during her travels last month: Clinton Tells African Leaders Economies Would Fail Without Women’s Toil, which I want to excerpt a bit from:

For Clinton, the plight of women has helped drive an aggressive travel schedule that her office says has clocked up more miles than any of her predecessors. She’s gone 567,305 miles, visiting 85 countries in 232 days on the road since taking office in January 2009. She makes it a point to meet local women in impoverished nations.

In Zambia, which hadn’t hosted a secretary of state since Henry Kissinger in 1976, Clinton was met by a singing and dancing chorus of local businesswomen who had taken part in a U.S.-funded program to train female entrepreneurs on how to tap financing and export their goods.

“Have you been to a market? Have you looked at fields being tilled? Have you watched children being raised?” Clinton told her hosts at a meeting in Lusaka, Zambia to discuss a U.S. trade agreement with 37 African countries. “Women are holding up half the economy already.”

‘Anything is Possible’

Among those listening was Linda Moono, part of a group that set up the only Mexican restaurant in Lusaka and helps young entrepreneurs get their businesses off the ground.

“I was inspired, particularly by her focus on young women,” she said in a June 9 interview. “She makes one believe anything is possible.”

Earlier this week, Madame Secretary gave an exclusive to Jim Clancy of CNN International’s Freedom Project on the release of the 2011 Trafficking in Persons (TIP) report: Sec. Clinton on slavery: “Unforgettable and unforgivable” (full transcript at the link):

Watch Sec. Clinton describe her passion for fighting 21st century slavery, which she calls ‘unforgettable and unforgivable’, here.

Watch the full interview here.

Fiercest advocate-in-chief that she is, Hillary also co-hosted an LGBT Pride month event at the State Department with GLIFAA (Gays and Lesbians in Foreign Affairs Agencies). From On Top Magazine’s coverage of Hillary’s remarks at the event–“Hillary Clinton Cheers New York Gay Marriage”:

At the event co-hosted by the Department of State and the affinity group Gays and Lesbians in Foreign Affairs Agencies (GLIFAA), Clinton called the law a historic victory for human rights.

“If you followed closely, which I’m sure all of you did, the debate in New York, one of the key votes that was switched at the end was a Republican senator from the Buffalo area who became convinced that it was just not any longer fair for him to see one group of his constituents as different from another. Senators stood up and talked about nieces and nephews and grandchildren and others who are very dear to them, and they don’t want them being objectified or discriminated against. And from their own personal connections and relationships, they began to make the larger connection with somebody else’s niece or nephew of grandchild and what that family must feel like,” Clinton said.

“So I ask all of you to look for ways to support those who are on the front lines of this movement, who are defending themselves and the people they care about with great courage and resilience. This is one of the most urgent and important human rights struggles of all times,” she added.

BBC News and other outlets also reported on Hillary’s comments about the US envoy in Rome helping Lady Gaga secure Europride show:

“Organisers of the EuroPride event desperately wanted her to perform, and a letter to her from Ambassador Thorne was instrumental in sealing the deal,” Mrs Clinton told a group of gay and lesbian state department employees on Monday.

Fox News, oddly enough, ran this headline… SMART POWER: Hillary Brokers Lady Gaga Gay Pride Gig for Rome.

Shifting the human rights gears back to Hillary’s signature issue… Hillary sent a video message to the “Women Leaders as Agents of Change” Colloquium. Teaser:

Hello and welcome to this colloquium dedicated to empowering women as agents of change. I want to thank the Prime Minister for hosting this important forum. As Trinidad and Tobago’s first female prime minister, she is a role model for women not only in her own country, but throughout the region.

In the United States this month we are celebrating the unique contributions by Americans of Caribbean descent. Caribbean-American women have added in ways large and small to the story of America. We have seen them act as agents of change in our own country.

On Friday, Hillary had this to say about the first meeting of the Lifeline Donor Steering Committee (NGO initiative):

And I think our seven NGO partners are creating a virtual SOS warning platform to improve our abilities to identify where and when people are in danger. So we can get a response as quickly as needed.

In other Hillaryland-related news… from Ann Lewis’ NoLimits.org… Congress: Fair Pay Deserves a Vote:

The devastating ruling in the Wal-Mart v. Dukes case highlights the importance of The Paycheck Fairness Act, which calls for an end to pay secrecy and sex-based pay discrimination. The bill, reintroduced this year by Senator Barbara Mikulski and Representative Rosa DeLauro, would strengthen the equal pay laws, and help take equal pay from the law books to our checkbooks.

The Paycheck Fairness Act would prohibit punishment of employees who voluntarily share wage information; require gender-based data collection, allow employees to compare their wages to the wages of others who hold their job, even outside the workplace, and strengthen compensation and punitive damages for victims of sex-based wage discrimination.

Think of the impact that The Paycheck Fairness Act would have had on Lilly Ledbetter and the women of Wal-Mart. Let’s pass The Paycheck Fairness Act for millions of working women in the U.S.

Click here to contact your representative about The Paycheck Fairness Act.

And, here’s another shero milestone to be proud of this Fourth of July weekend… Last month, the US Army made Pratima Dharm the first Hindu chaplain in US history. I caught a profile of her in an Indian American periodical this week, but I can’t find the article online. The Huffpo piece (from earlier last month) that I’ve linked to is pretty good, though:

“Our motto is priest to some, chaplain to all,” states Chaplain Dharm. She acknowledges her cultural background makes her uniquely qualified to take on the challenge of being the first Hindu Chaplain. She was born and raised in India, and can read and write Sanskrit, the language ancient Hindu scriptures were written in. “The basic principles of Hinduism make being a ‘chaplain to all’ an ideal endeavor. Hinduism by its very nature teaches tolerance, acceptance and respect for all religions, a key characteristic of successful military chaplains.”

I have some other items I want to link to briefly:

Amelia Earhart 74 years ago. (Click to go to the article.)

I have a few different historical trivia reads to cover, but there’s a bit more Hillary stuff all the way at the end, so stay tuned.

This Day in Women’s History:

Donning a helmet and goggles, one 10 minute flight in an open-cockpit biplane was all it took. She was hooked for life. Amelia Earhart is possibly the world’s most famous female aviator. On July 2, it will be 64 (editor note sic 74) years since she was last heard from over the Pacific Ocean. It was one of the last legs of her attempted flight around the world when her radio went silent.

Oh and of course, Today in American History…some milestones to remember this weekend:

Independence Day is celebrated two days too late. The Second Continental Congress voted for a Declaration of Independence on July 2, prompting John Adams to write his wife, “I am apt to believe that [July 2, 1776], will be celebrated, by succeeding Generations, as the great anniversary Festival.”

Adams correctly foresaw shows, games, sports, buns, bells, and bonfires—but he got the date wrong. The written document wasn’t edited and approved until the Fourth of July, and that was the date printers affixed to “broadside” announcements sent out across the land. July 2 was soon forgotten.

(Related: “U.S. Independence Celebrated on the Wrong Day?”)

In fact, no one actually signed the Declaration of Independence at any time during July 1776. Signing began on August 2, with John Hancock’s famously bold scribble, and wasn’t completed until late November.

On July 2, 1964, President Lyndon Johnson signed into law the Civil Rights Act, which prohibited any form of discrimination in public places, as well as authorized the integration of public facilities. To this very day the Civil Rights Act remains one of the most important pieces of legislation, not just for people of color but for all Americans of different gender, religion, and socio-economic status.

One month later, on July 2, 1777, a convention of 72 delegates met in Windsor, Vermont, to adopt the state’s new—and revolutionary—constitution; it was formally adopted on July 8, 1777. Vermont’s constitution was not only the first written national constitution drafted in North America, but also the first to prohibit slavery and to give all adult males, not just property owners, the right to vote.

I’ll close with a snippet from Hillary’s Video Message for Independence Day:

February 26, 2008 (John Kuntz / The Plain Dealer)

Today is a time to celebrate the birth of our nation and the values that have sustained us for 235 years – equality, opportunity and the rights enshrined in our founding documents.

This year, we have been reminded again that these are not just American values, they are truly universal values. And as people across North Africa, the Middle East and around the world risk their lives to claim these universal human rights and freedoms, Americans are proud to stand with them. We are united by our common hopes and aspirations for a better world.

Chelsea, Hillary, and Dorothy Rodham... Pennsylvania 2008

I love the above pic of Hillary ’08 against the blue part of the flag and the stars…I also love this pic to the right with the red and white stripes backdrop for three generations of American women.

Happy Fourth of July weekend everyone! If you get a chance, let us know what’s on your blogging list.

[originally posted at Let Them Listen; crossposted at Taylor Marsh and Liberal Rapture]

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