Friday Reads

We’re closing in on a long weekend.   It’s Independence Day!  Do you know where your constitutional rights are?  The first amendment right to keep the government from institutionalizing one religious viewpoint appears to be under systematic assault these days by the Republican Party.  How can we stop candidates like Michelle Bachmann who create their own American history and distort our laws and civil rights in the process?  Here’s Jonathan Chait’s suggestion.

The Michele Bachmann surge (confirmed most recently by the latest PPP poll) suggests the question is not whether Bachmann is a legitimate contender for the Republican nomination but what it will take to stop her from winning. As I’ll explain, I do think Bachmann can be stopped. But the general advance of conservatism within the Republican Party over the last three decades has been a repeated pattern of the unthinkable becoming thinkable, and the trend has sharply accelerated over the last two years. Moderation simply lacks any legitimacy within the GOP. It exists, but — unlike the Democratic Party, where moderation is a frequent boast — it’s undertaken almost entirely in secret. Since Barack Obama’s inauguration, virtually every quarrel within the Republican Party between moderates and maximalist partisans has been resolved in favor of the latter. Bachmann has positioned herself as a mainstream, serious figure who has also outflanked the other as-yet announced candidates. They will have a hard time attacking her without seeming to attack conservatism itself.

So, what could defeat her? One thing could be the entry of another candidate who can match her conservatism while appearing more electable. Rick Perry is the leading candidate here. Paul Ryan would be another.

A second possibility is that Republican insiders could spill the beans on why she so freaks them out.

I have no idea why any of them think that Rick Perry or Paul Ryan are batshit crazy lite.  Maybe it’s because they aren’t vagina impaired or probably because they kiss up to cults instead of joining them.  But wait, Perry belongs to a similar religious cult and Ryan is in the Ayn Rand cult, so, we’re back to vajayjay of doom explanation.   Frankly, the entire party seems bat shit crazy these days. So, we’re still stuck between bat shit crazy and totally worthless.  (Sigh.)

Another stranger than truth bit of news these days is Steven Colbert and his “SuperPac”.  A “SuperPac is”a political group that can legally accept unlimited contributions from people, corporations, and unions to campaign for candidates and causes”.

Because Colbert’s group will not give any money directly to candidates — instead airing independent ads to support them — Colbert can take donations of any size.

He forced the FEC to make this decision by planning to operate as a real political group, not a parody.

“If we’d viewed this as a funny request, that would have been a lot easier,” Commissioner Ellen Weintraub, a George W. Bush nominee, told Colbert at today’s hearing.

In the end, the commission voted 5-1 to approve Colbert’s PAC according to guidelines under consideration at today’s hearing.

Colbert had sought guidance from the FEC on how to handle air-time and help from Viacom, Comedy Central’s parent company — and this is the area in which his SuperPAC has forced precedents with implications for other media companies, like Fox News.

The FEC ruled today that Viacom can fund Colbert’s group, without limit, as long as it only helps out with ads that air during his show …

I’m wondering if this is giving Scalia, Thomas and the rest of the Neanderthal SCOTUS Beastie Boys nightime heart burn?  Whoops!  No hearts!! Some analysts believe that what Colbert is actually doing is exposing holes in campaign finance law.

“I think Colbert is trying to dramatize problems in the campaign finance world in the way that he dramatizes other things,” said longtime campaign finance reform advocate Fred Wertheimer, a longtime advocate for stricter campaign finance rules who is president of Democracy 21. “But nevertheless, the proposals here would potentially open gaping disclosure loopholes in the campaign finance laws.”

Wertheimer is so concerned about what Colbert is doing, in fact, that Democracy 21 has joined with the Campaign Legal Center, another advocacy group, to petition the FEC to reject his request because it could result in the “radical evisceration” of campaign finance rules.

If Colbert gets his way before the FEC, it could blur the lines between political money and media to an unprecedented extent.

For instance, it might enable Fox News pundit-politicians such as Sarah Palin and Mike Huckabee to use the network’s resources to boost their own political committees, assert Democracy 21 and the Campaign Legal Center in their FEC filing. It concludes: “Mr. Colbert’s ultimate goals here may be comedic, but the commission should not play the straight man at the expense of the law.”

Colbert’s PAC bit started as a parody of the PAC started by former Minnesota Gov. Tim Pawlenty to lay the foundation for his presidential campaign. But after lawyers for Comedy Central’s parent company Viacom expressed reservations about Colbert using their corporate resources — in the form of his eponymous late-night faux news show — to promote the PAC, the bit morphed into a riff on how corporations like Viacom can spend cash on politics, thanks to the 2010 high court decision in a case called Citizens United v. FEC.

The Gawker’s John Cook has an interesting piece up on “Roger Ailes’ Secret Nixon-Era Blueprint for Fox News”.   He had me at “secret Nixon-Era” blueprint.  Nothing from Nixon people even shocks me any more.  Is there such a thing as group paranoia?

Republican media strategist Roger Ailes launched Fox News Channel in 1996, ostensibly as a “fair and balanced” counterpoint to what he regarded as the liberal establishment media. But according to a remarkable document buried deep within the Richard Nixon Presidential Library, the intellectual forerunner for Fox News was a nakedly partisan 1970 plot by Ailes and other Nixon aides to circumvent the “prejudices of network news” and deliver “pro-administration” stories to heartland television viewers.

The memo—called, simply enough, “A Plan For Putting the GOP on TV News”— is included in a 318-page cache of documents detailing Ailes’ work for both the Nixon and George H.W. Bush administrations that we obtained from the Nixon and Bush presidential libraries. Through his firms REA Productions and Ailes Communications, Inc., Ailes served as paid consultant to both presidents in the 1970s and 1990s, offering detailed and shrewd advice ranging from what ties to wear to how to keep the pressure up on Saddam Hussein in the run-up to the first Gulf War.

The documents—drawn mostly from the papers of Nixon chief of staff and felon H.R. Haldeman and Bush chief of staff John Sununu—reveal Ailes to be a tireless television producer and joyful propagandist. He was a forceful advocate for the power of television to shape the political narrative, and he reveled in the minutiae constructing political spectacles—stage-managing, for instance, the lighting of the White House Christmas tree with painstaking care. He frequently floated ideas for creating staged events and strategies for manipulating the mainstream media into favorable coverage, and used his contacts at the networks to sniff out the emergence of threatening narratives and offer advice on how to snuff them out—warning Bush, for example, to lay off the golf as war in the Middle East approached because journalists were starting to talk. There are also occasional references to dirty political tricks, as well as some positions that seem at odds with the Tea Party politics of present-day Fox News: Ailes supported government regulation of political campaign ads on television, including strict limits on spending. He also advised Nixon to address high school students, a move that caused his network to shriek about “indoctrination” when Obama did it more than 30 years later.

It’s a long strange read that’s just perfect for a celebration of America!

Well, one democratic senator has a job plan.  I wonder if any one will discuss it?

A bill to create construction jobs and fund new highway infrastructure. A clean-energy jobs program. Reforming the immigration system for high-skilled workers. And a variety of tax cuts and credits.

None are new ideas, but they’re all part of Senate Democrats’ jobs agenda Sen. Chuck Schumer (D-N.Y.) laid out in greater detail Thursday as he portrayed his party as proactively trying to spur economic growth and accused the GOP of deliberately trying to undermine the recovery for political gain.

“We have now been playing entirely on the Republicans‘ field for six months and the recovery has only slowed. We have seen enough to know that their approach is not working,” said Schumer, who heads policy and messaging for Senate Democrats, in a speech to the Economic Policy Institute in Washington.

“And we need to start asking ourselves an uncomfortable question — are Republicans slowing down the recovery on purpose for political gain in 2012? … [N]ow it is becoming clear that insisting on a slash-and-burn approach may be part of this plan — it has a double benefit for Republicans: It is ideologically tidy and it undermines the economic recovery, which they think only helps them in 2012.”

Republicans have scoffed at that notion, arguing that Democrats’ solution to the broken economy is tax increases and a continuation of failed stimulus spending. This week, the GOP renewed its push for a constitutional amendment that would require the government to balance its budget each year.

I can’t believe the Republicans are trying that balanced budget crap again.  It’s absolutely the worst thing in the world to do and it’s one of the reasons that states’ economies have caused this recovery to be the worst on record.  They are actively making it worse by crippling state budgets and services.  A balanced budget amendment means that governments get to spend like crazy when tax revenues come in which is precisely when you don’t need it because it’s inflationary.  It also stops governments from deficit spending when they have to and should during a recession.  It causes governments to make recessions longer and more painful.  Just like now!  People like Mitch McConnell shouldn’t be making economic policy decisions based on faith-based Voodoo Economics.  He and other Republicans have basically made a living of telling people complete untruths about economic and financial theory.  Remember, even Ronald Reagan’s economic team has called all this stuff insanity!

Okay, one MORE economics story and then I’ll leave you to firecrackers, beer and the grill.  It’s not much of a surprise, but it’s an academic study that pretty much shows what we’ve thought for some time.

Economists at Northeastern University have found that the current economic recovery in the United States has been unusually skewed in favor of corporate profits and against increased wages for workers.

In their newly released study, the Northeastern economists found that since the recovery began in June 2009 following a deep 18-month recession, “corporate profits captured 88 percent of the growth in real national income while aggregate wages and salaries accounted for only slightly more than 1 percent” of that growth.

The study, “The ‘Jobless and Wageless Recovery’ From the Great Recession of 2007-2009,” said it was “unprecedented” for American workers to receive such a tiny share of national income growth during a recovery.

According to the study, between the second quarter of 2009, when the recovery began, and the fourth quarter of 2010, national income rose by $528 billion, with $464 billion of that growth going to pretax corporate profits, while just $7 billion went to aggregate wages and salaries, after accounting for inflation.

The share of income growth going to employee compensation was far lower than in the four other economic recoveries that have occurred over the last three decades, the study found.

“The lack of any net job growth in the current recovery combined with stagnant real hourly and weekly wages is responsible for this unique, devastating outcome,” wrote the report’s authors, Andrew Sum, Ishwar Khatiwada, Joseph McLaughlin and Sheila Palma.

According to the Bureau of Labor Statistics, average real hourly earnings for all employees actually declined by 1.1 percent from June 2009, when the recovery began, to May 2011, the month for which the most recent earnings numbers are available.

Yup, we’re all poorer and the one per cent is richer.  But then, you knew that!

So, here’s the firecrackers!   Wisconsin Supreme Court Justice Prosser was videotaped by a news crew basically ripping a mic away from a reporter trying to ask him a question.  Be sure to go watch the video!

Grabbing the microphone – and the spotlight. Wisconsin Supreme Court Justice David Prosser did both when FOX6’s Mike Lowe attempted to speak with him about the serious allegations of a physical altercation with Justice Anne Walsh Bradley on Thursday.

Six of Wisconsin’s Supreme Court Justices witnessed an alleged physical altercation between Prosser and Bradley in Bradley’s chambers on June 13th.

The basic story is that Prosser was upset about Chief Justice Shirley Abrahamson’s decision to delay release of the high court’s opinion in the collective bargaining case.

The story was leaked, presumably by the Justices themselves, to both liberal and conservative publications. Both cited unnamed sources. But Bradley was quoted as saying Prosser placed her in a choke-hold. Prosser has since denied that.

On Thursday, when FOX’s Mike Lowe asked Justice Prosser about the alleged incident, he grabbed the FOX6 microphone and then gave it back. Prosser did not answer any of Mike Lowe’s questions.

You can watch his odd behavior as captured by the Fox News 6 reporter.  Four of the justices who witnessed the altercation refused to comment and said the matter was under review by the judicial commission and that the sheriff was investigating the situation too.  Prosser never said anything but the body language says a lot.

Hope your long weekend will go great and that you have a few minutes to spend with us!  I understand Wonk’s got a great Hillary post coming up for us tomorrow!   Our Secretary of State is out there putting the world’s women and children first again!  You’ll want to read it for sure!  I’ve stocked up on bacon wrapped filets, Abita Amber, and corn on the cob. Just a little fun down here on the bayou!

So, what’s on your reading and blogging list today?


Thursday Reads: Fallen Idols, President Pushover, Worsening Weather, Rogue Federal Agency, and More

Good Morning!! I’ve got a variety of interesting reads for you today, so let’s get right to it. Imagine the guy who wrote these words:

“Imagine no possessions, I wonder if you can. No need for greed or hunger, a brotherhood of man. Imagine all the people, sharing all the world.”

Now imagine that he admired Ronald Reagan.

John Lennon, the long-haired British peacenik who was investigated by the FBI in 1972 after he allegedly contributed $75,000 to a group suspected of planning to disrupt the Republican National Convention later was a closet conservative….Fred Seaman, who was Lennon’s personal assistant from 1979 until the singer’s assassination in 1980, claims the former Beatle and anti-war activist favored Ronald Reagan over Jimmy Carter and would have voted for the Gipper if he could have.

“John, basically, made it very clear that if he were an American he would vote for Reagan because he was really sour on Jimmy Carter,” Seaman told Seth Swirsky, who is making a film about the Fab Four.

Seaman said the guitarist “met Reagan back, I think, in the ’70s at some sporting event.”

“Reagan was the guy who had ordered the National Guard, I believe, to go after the young [peace] demonstrators in Berkeley, so I think that John maybe forgot about that,” Seaman told Swirsky in excerpts published in the Toronto Sun. “He did express support for Reagan, which shocked me.”

I don’t even know how to respond to this stunning news. Lennon was apparently a Reagan Democrat. If he’d lived he probably would have been an Obot too….

NYT: Violent Clashes in the Streets of Athens

Confrontations between the police and protesters reached a violent climax here on Wednesday as armored riot officers beat back demonstrators and fired volleys of tear gas into the crowds who had gathered outside Parliament. Inside, lawmakers approved a package of austerity measures aimed at helping Greece avoid a default.

On the second day of a two-day general strike called by unions, rogue protesters also attacked the Finance Ministry on Syntagma Square across from Parliament and set fire to a post office in the ground floor of the building. The King George Palace, a luxury hotel that faces the square, was evacuated in the afternoon.

A police spokeswoman said that 31 police officers were injured and that 30 people had been detained, leading to 11 arrests. Local news media reported that dozens of protesters were hospitalized, and video clips showed the police striking people with their batons.

Amnesty International released a statement on Wednesday condemning the “repeated use of excessive force by police in recent demonstrations, including the disproportionate and indiscriminate use of tear gas and other chemicals against largely peaceful protesters.”

Is this what’s coming for the U.S.? At a press conference today President Obama warned Republicans to wake up and smell the tax increases (aside: I’m not holding my breath for Obama to follow through).

President Obama pressured Republicans on Wednesday to accept higher taxes as part of any plan to pare down the federal deficit, bluntly telling lawmakers that they “need to do their job” and strike a deal before the United States risks defaulting on its debt.

Declaring that an agreement is not possible without painful steps on both sides, Mr. Obama said that his party had already accepted the need for substantial spending cuts in programs it had long championed, and that Republicans must agree to end tax breaks for oil and gas companies, hedge funds and other corporate interests.

In a 67-minute news conference, Mr. Obama cast the budget battle as a tug of war between the interests of the rich — like owners of corporate jets, who he said get generous tax breaks — and those of the middle class, the elderly and children.

But Obama himself offered at best very weak tea:

Mr. Obama, under assault from Republicans on the campaign trail for an unemployment rate that remains above 9 percent, asked voters to understand that the economic recovery would take time but said that Washington, even in its current financial straits, could still do more to help. He expressed support for extending a reduction in payroll taxes for an extra year, providing loans for road and bridge-building and approving trade pacts that could help spur exports.

Big whoop. Why didn’t he fight to end the Bush tax cuts then?

Ezra Klein explains “How you know the negotiations have truly failed.”

The best advice I’ve gotten for assessing the debt-ceiling negotiations was to “watch for the day when the White House goes public.” As long as the Obama administration was refusing to attack Republicans publicly, my source said, they believed they could cut a deal. And that held true. They were quiet when the negotiations were going on. They were restrained after Eric Cantor and Jon Kyl walked out last week. Press Secretary Jay Carney simply said, “We are confident that we can continue to seek common ground and that we will achieve a balanced approach to deficit reduction.” But today they went public. The negotiations have failed.

“The primary goal of President Obama’s presser, which just wrapped up, was obvious,” writes Greg Sargent. “He was clearly out to pick a major public fight with Republicans over tax cuts for the rich.” That’s exactly right. But he didn’t want this fight. He wanted a deal. And he wasn’t able to get one that the White House considered even minimally acceptable. After putting more than $2 trillion of spending cuts on the table, they weren’t even able to get $400 billion — about a sixth of the total — in tax increases.

The conventional wisdom is that now this fight moves to the people. I’d put it differently. Now this fight moves to the consequences. Neither side is going to give in the face of purely rhetorical salvos. The White House is expecting Republicans to accuse them of wanting to raise taxes. The Republicans are expecting the White House to accuse them of putting the interests of large corporations and wealthy donors in front of the needs of seniors, children and the poor. Both parties have seen the poll numbers behind their positions. If a few news conferences were going to be sufficient to end this, it would never have started.

Climate experts warn that “epic weather” will continue because of climate change

Epic floods, massive wildfires, drought and the deadliest tornado season in 60 years are ravaging the United States, with scientists warning that climate change will bring even more extreme weather.

The human and economic toll over just the past few months has been staggering: hundreds of people have died, and thousands of homes and millions of acres have been lost at a cost estimated at more than $20 billion.

And the United States has not even entered peak hurricane season.

“This spring was one of the most extreme springs that we’ve seen in the last century since we’ve had good records,” said Deke Arndt, chief of climate monitoring for the National Oceanic and Atmospheric Administration (NOAA).

While it’s not possible to tie a specific weather event or pattern to climate change, Arndt said this spring’s extreme weather is in line with what is forecast for the future.

The Boston Globe reveals that fishermen in Gloucester, MA and up and down the Atlantic coast were the victims of abuse of power by NOAA.

About a decade ago, the Commerce Department’s fish police started a fight with Larry Ciulla, who owns and operates the Gloucester Seafood Display Auction with three other family members. Claiming that the auction had exceeded the day’s catch limit by one 60-pound fish, the regulators levied a $120,000 fine and ordered a 90-day shutdown.

Outraged, Ciulla challenged the penalty. He turned to Gloucester lawyer Ann-Margaret Ferrante, who is now a state representative and whose grandfather, father, and uncle were fishermen. Together, they decided to take on the agency known as the National Oceanic and Atmospheric Administration. In need of political backup, they went to US Representative John Tierney, whose district covers Gloucester. Eventually, their grass-roots effort drew in the mayors of Gloucester and New Bedford, the Bay State congressional delegation, and a bipartisan string of lawmakers from Maine to the Carolinas.

This year, federal officials finally acknowledged their own regulators had gone rogue. They were guilty of overzealous, abusive, and targeted enforcement, a series of independent investigations revealed. Regulators were levying crippling fines for invented or inflated offenses, as they relentlessly bullied an entire industry. They were using the fishermen’s money to finance a fleet of cars, a luxury boat, and assorted foreign junkets.

Please read the whole sordid story.

Twitter has released fascinating data on the number of tweets and direct messages during and after the Japan earthquake.

“On Twitter, we saw a 500% increase in Tweets from Japan as people reached out to friends, family and loved ones in the moments after the March 2011 earthquake,” said the company on its blog.

Kirstin Powers interviewed Michele Bachmann, and learned that the Tea Party queen is no feminist.

Unlike Sarah Palin, who has brandished the feminist moniker and spoken of an “emerging conservative feminist identity,” Bachmann told me in an interview Tuesday that she wouldn’t call herself a feminist—instead, she simply described herself as “pro-woman and pro-man.” When I pressed her on the matter, the Minnesota congresswoman said she sees herself as an “empowered American.”

Bachmann seemed loath to engage in the kind of girl-power rhetoric utilized by Palin and Hillary Clinton, who both invoked the perennial—and so far unbreakable—presidential glass ceiling.

Said Bachmann: “I’m a woman comfortable in her own skin. I grew up with three brothers. My parents didn’t see us [as] limited [by gender]. I would mow the lawn and take out the trash; I was making my own fishing lures. I went along with everything the boys did.”

Bachmann is still doing everything the boys do, but as a female candidate she endures indignities that are foreign to your average male pol. Yet she takes it all in stride.

Don’t you just love it when smarmy, self-righteous people are brought low? I know I do. Despite the fact that I loathe pedophiles, I’ve always been turned off by Chris Hansen and his obnoxious TV show “To Catch a Predator.” Now Hansen himself has been caught on “candid camera.”

Chris Hansen has found himself on the receiving end of his own hidden camera tactics, after the married NBC anchor was secretly filmed on an illicit date with a blonde television reporter 20 years his junior.

Hansen, 51, has allegedly been having an affair with Kristyn Caddell, a 30-year-old Florida journalist, for the last four months.

ROFLOL!

Secret cameras filmed the couple as they arrived at the hotel for dinner and then drove back to her apartment – where the pair left, carrying luggage, at 8am the following day.
Hansen lives in Connecticut with his wife Mary, 53, but he has been spending more and more time in South Florida investigating the disappearance of James ‘Jimmy T’ Trindade – and allegedly sleeping with Miss Caddell.

The cameras belonged to The National Enquirer. Fortunately for Hansen, Miss Caddell is slightly beyond the age of consent.

"Agony," by Bert Adams

Finally, here’s a nice summery story to get you ready for the upcoming long weekend: Work’s a Day at the Beach for Sand-Castle Consultants

CANNON BEACH, Ore.—On a recent weekend, sand creatures were sprawled across this Pacific Coast beach. There were sea horses by a giant squid, with an “Attackin’ Kraken” sea monster nearby, along with several pigs, some giant mice and an amputee octopus.

Many of the sand sculptures had the same point of origin: They had been built by people who at one time or another were advised by Bert Adams, one of the nation’s handful of professional sand-castle consultants.

“They did well,” said Mr. Adams, a 51-year-old former electrical engineer, as he surveyed the array of creations made by his onetime students at Cannon Beach’s 47th annual sand sculpting tournament.

“He’s a great mentor,” says Amos Callender, an Olympia, Wash., architect who took a course—Sand 101—that Mr. Adams taught two years ago. Mr. Callender and his team took first place at Cannon Beach last year, while this year they built a sand sculpture depicting “the good life”—a wine lover sporting a beret; a mouse tucking into a giant wheel of cheese—that finished second.

What a great idea. Now if only I could find a niche that would pay me big bucks for something I love doing!

So what are you reading and blogging about today? Hit me with it!


Tuesday Reads

Good Morning!

Well, I hate to keep having to read about states out to get women’s health clinics, but here we go again!

The Texas Legislature approved a bill Monday that would both compel the state to push the Obama administration to convert Texas’s Medicaid program into a block grant and defund abortion providers like Planned Parenthood.

The omnibus health bill also includes a number of other controversial provisions, including plans to save $400 million over the next year by increasing the use of Medicaid managed care.

The legislation now goes to the desk of Gov. Rick Perry, who has been generally supportive of both the Medicaid reforms, as well as anti-abortion language.

Here’s so more details on the Texas situation from the Dallas News.

The bill would deny $34 million to Planned Parenthood from family planning grants, curb abortions at public hospitals and promote use of adult stem cells from the patient’s own body in new medical treatments.

“Early in the session, I didn’t dare dream that we could make the gains this bill would accomplish,” said Joe Pojman of Texas Alliance for Life.

Also, under the bill, Texas could join Georgia and Oklahoma in creating a health care compact. Under the proposal, if Congress approved, the states could agree to cap the federal government’s contribution to several health care programs, including Medicaid and Medicare. In return, they would be freed from current federal laws on eligibility and benefits.

Meanwhile, Planned Parenthood is suing to prevent Kansas from implementation of its law meant to shut down abortion clinics as well as Planned Parenthood.

Planned Parenthood is asking a federal court to block Kansas from cutting off its federal funding, after winning a similar injunction Friday in Indiana.

Planned Parenthood of Kansas and Mid-Missouri filed a lawsuit Monday that seeks to prevent Kansas from implementing a provision of the state budget that would cut off federal funding.

According to the group’s brief, Kansas blocked federal money from going to organizations that specialize in family planning without also providing primary and preventive care. The provision would cut off funding to all Planned Parenthood clinics, even those that do not provide abortions, the group says.

This is really getting serious folks!  States are trying all kinds of things because they know think the courts might rule in their favor.  The amount of money going to defend nuisance laws in these states must be astounding.

The President is signalling that a ‘significant’ deal with the Republicans might be in the works about the federal budget and deficit.  Better check your passport status!  It’s likely we’re about to get fleeced and you may want to head for a country that appreciates its middle class for a stay!

President Barack Obama plunged into deadlocked negotiations to cut government deficits and raise the nation’s debt limit Monday, and the White House expressed confidence a “significant” deal with Republicans could be reached. But both sides only seemed to harden their positions as the day wore on, the administration insisting on higher taxes as part of the package but Republican leaders flatly rejecting the idea.

Obama and Vice President Joe Biden met with Senate Majority Leader Harry Reid, D-Nev., for about 30 minutes at the White House, and then met with Senate Republican leader Mitch McConnell of Kentucky for about an hour in the early evening.

White House spokesman Jay Carney said Obama reported after the morning session that “everyone in the room believes that a significant deal remains possible.” But Carney also affirmed that Obama would only go for a deficit-reduction plan that included both spending cuts and increased tax revenue, an approach that Republicans say would never get through Congress.

  There’s an interesting post up at the Harvard Law School Forum on Corporate Governance and Financial Regulation called “Too Big to Fail or Too Big to Change“.  It points to failure of the SEC and the DOJ to hold corporations and their officers responsible for malfeasance.  It suggests that institutional investors may have to use the courts to fill the void.

It has increasingly fallen to institutional investors to hold mortgage lenders, investment banks and other large financial institutions accountable for their role in the mortgage crisis by seeking redress for shareholders injured by corporate misconduct and sending a powerful message to executives that corporate malfeasance is unacceptable. For example, sophisticated public pension funds are currently prosecuting actions involving billions of dollars of losses against Bank of America, Goldman Sachs, JPMorgan Chase, Lehman Brothers, Bear Stearns, Wachovia, Merrill Lynch, Washington Mutual, Countrywide, Morgan Stanley and Citigroup, among many others. In some instances, litigations have already resulted in significant recoveries for defrauded investors.

Historically, institutional investors have achieved impressive results on behalf of shareholders when compared to government- led suits. Indeed, since 1995, SEC settlements comprise only 5 percent of the monetary recoveries arising from securities frauds, with the remaining 95 percent obtained through private litigation as demonstrated by several examples in the chart at right.

Institutional investors must continue to lead the charge and prosecute fraud to send a strong message that such misconduct will not be tolerated and to guarantee that shareholders are fairly compensated for their losses. Both the courts and Congress have recognized that meritorious private securities litigation is “an indispensable tool with which defrauded investors can recover their losses[,]…promote public and global confidence in our capital markets and help to deter wrongdoing.” While originally intended as a supplement to government regulation, recent events demonstrate that institutional investors may now be the entities best positioned to protect investors’ rights. Without such protection, and if Wall Street bankers are permitted to profit from their frauds without a proportionate retributive response, we may be fated to repeat the same economic calamity that has defined our generation.

The local sheriff is now investigating the Prosser ‘defensive chokehold’  at the request of Wisconsin Capitol Police Chief.

The state Capitol Police Chief, Charles Tubbs, said Monday that he is turning over the case to local law enforcement.

“After consulting with members of the Wisconsin Supreme Court, I have turned over the investigation into an alleged incident in the court’s offices on June 13, 2011 to Dane County Sheriff Dave Mahoney,” Tubbs said in a statement. “Sheriff Mahoney has agreed to investigate this incident and all inquiries about the status of the investigation should be made with the Sheriff’s Department.”

Mahoney issued a concurrent statement declaring that he has directed detectives to investigate the incident.

“Beginning today, detectives will work diligently to conduct a thorough and timely investigation,” Mahoney said. “Because this case is in the very early stages, no further information is available at this time.”

The Wisconsin Center for Investigative Journalism first revealed the June 13 incident on Saturday, reporting that Prosser put his hands on Bradley’s neck during debate over the legality of the “budget repair bill,” which the court’s conservative majority ruled is legal in a 4-3 decision June 14.

Reaction on the Web — where partisans have been arguing Wisconsin politics for months — was swift.

At ThinkProgress, Ian Millhiser surmised four ways Prosser can be legally removed from office.

“Should the allegations against Prosser prove true, it is tough to imagine a truer sign that our political system has broken down than if the calls to remove him from office are not unanimous,” he wrote.

Natural disasters in our country have triggered concern about nuclear facilities.  The latest facility to be jeopardized is Los Alamos nuclear weapons lab in New Mexico.  Add this to the two nuclear power plants in Nebraska surrounded by the flooded Missouri River.

The Los Alamos nuclear weapons lab in New Mexico has been shut down for the day due to a fast-moving wildfire that is endangering the lab and surrounding area. The fire began around 12 miles southwest of Los Alamos, charring about 6,000 acres. Fire officials say none of the fire is under control yet. Lawrence Lujan of the Santa Fe National Forest said, “We have homes and we have the labs, so it’s a very, very big concern, not only locally, but nationally and globally.”

Cristina Fernández de Kirchner--Argentina’s president–has announced she’ll run for a second term in office in October.

Her announcement marks the beginning of Argentina’s presidential election campaign. Ms Fernández is in good shape to secure another term. She is comfortably ahead in the opinion polls, thanks in large part to Argentina’s strong economic performance: GDP grew by an annualised 10% in the first quarter of 2011, due in no small measure to growing international demand for soya, now the country’s biggest export.

Ms Fernández faces no challenges from within her governing Peronist Party. And despite months of attempts to form a coalition of opposition, her political adversaries remain hopelessly split. Her strongest opponents are likely to be Eduardo Duhalde, a former president, and Ricardo Alfonsín, the son of a former president. But her biggest problems lie elsewhere.

One is a corruption scandal surrounding the Association of Mothers of the Plaza de Mayo, a group of women campaigning to discover what happened to their children under Argentina’s military dictatorship between 1976 and 1983. Ms Fernández and her husband allied themselves to the group, providing them with millions of dollars of state funds with which to build houses for the underprivileged and without seeking any guarantees. The Mothers have now been caught up in a fraud investigation, which some think could cause problems for Ms Fernández.

One last bit of good news! Southern Right Whales Return to New Zealand After a Century of overhunting and being on the brink of extinction.

Southern right whales were once a common sight along the coast of New Zealand, though in the 19th century overhunting brought the species to the brink of extinction. But now, after a decades of being virtually non-existant off New Zealand’s shores, wildlife experts are seeing endangered right whales finally returning to their ancestral calving grounds — offering hope that the whales’ are rediscovering a ‘cultural connection’ to this region after a century-long hiatus.

Before they were brought to near-extinction by whalers who considered them to be the best whale species to target — hence the ‘right’ in their name — southern right whales are thought to have numbered in the tens-of-thousands in the waters off New Zealand. In the decades that followed, however, the few surviving whales limited their calving grounds to the sub-antarctic regions to the south, despite the fact that closer to the New Zealand mainland had ancestrally been where they raised their young.

But recently a team of researchers from the University of Auckland and New Zealand Department of Conservation made a remarkable discovery; right whales seemed to be heading home.

“With the increase in numbers observed around the Auckland Islands over the last decade, we think that some individuals are re-discovering the former primary habitat around the mainland of New Zealand,” researcher Scott Baker tells The New Zealand Herald.

What’s on your reading and blogging list today?


Monday Reads: Bachmann’s Federal Subsidies, Nebraska Nuke Plants, and Cuomo vs. Obama on Marriage Equality

Good morning!! This is going to be a quickie morning post, because I kind of wore myself out yesterday obsessing on the Casey Anthony trial and another “tabloid” story I’ve been following about woman–Lauren Spierer, an IU student–who disappeared in Bloomington, Indiana three weeks ago. I grew up in Indiana and my sister lives in Bloomington, so I’ve been reading a lot about the case.

Here’s some background on the Spierer case: Vanished: Following the last-known steps of Lauren Spierer

I promise I’ll get back to obsessing on politics as soon as some real news starts happening again.

The LA Times had a couple of stories about Michele Bachmann and her husband getting federal money for his clinic and his parents’ farm.

Bachmann’s had her share of government aid

Rep. Michele Bachmann has been propelled into the 2012 presidential contest in part by her insistent calls to reduce federal spending, a pitch in tune with the big-government antipathy gripping many conservatives.

But the Minnesota Republican and her family have benefited personally from government aid, an examination of her record and finances shows. A counseling clinic run by her husband has received nearly $30,000 from the state of Minnesota in the last five years, money that in part came from the federal government. A family farm in Wisconsin, in which the congresswoman is a partner, received nearly $260,000 in federal farm subsidies.

And she has sought to keep federal money flowing to her constituents. After publicly criticizing the Obama administration’s stimulus program, Bachmann requested stimulus funds to support projects in her district. Although she has been a fierce critic of earmarks — calling them “part of the root problem with Washington’s spending addiction” — the congresswoman nonetheless argued recently that transportation projects should not be considered congressional pork.

Michele Bachmann denies benefiting from government aid

Rep. Michele Bachmann deflected allegations Sunday that she and her immediate family had benefited from government assistance despite her demands to cut the federal budget, saying hundreds of thousands of dollars for her family farm and a counseling clinic went to employees and her in-laws.

“My husband and I did not get the money,” the Minnesota Republican said on Sunday news shows one day before officially opening her presidential campaign in Waterloo, Iowa — her birthplace.

Except she did get the money, as shown by her disclosure forms. See the previous story. Bachmann claimed that the money for the clinic went for employee training. Wouldn’t training of employees also help the business?

The New York Times has a pretty good article about the two Nebraska nuclear plants that are endangered by flooding from the Missouri River–the Ft. Calhoun and Cooper reactors. If you haven’t read Dakinikat’s post on this scary situation, please do. From the NYT piece:

Like inhabitants of a city preparing for a siege, operators of the nuclear reactor here have spent days working to defend it against the swollen Missouri River at its doorstep. On Sunday, eight days after the river rose high enough to require the operators to declare a low-level emergency, a swarm of plant officials got to show off their preparations to the chairman of the Nuclear Regulatory Commission.

The reactor, Cooper Station, is one of two nuclear plants on the Missouri River that are threatened by flooding. The second reactor, Fort Calhoun, 85 miles north, came under increased pressure for a brief period on Sunday. Before dawn, a piece of heavy equipment nicked an eight-foot-high, 2,000-foot-long temporary rubber berm, and it deflated. Water also began to approach electrical equipment, which prompted operators to cut themselves off from the grid and start up diesel generators. (It returned to grid power later Sunday.) Both nuclear plants appeared prepared to weather the flooding, their operators and federal government regulators said.

Fort Calhoun was shut down in April for refueling and stayed closed because of predictions of flooding. Plant officials say the facility is designed to remain secure at a river level of up to 1,014 feet above sea level. The water level stabilized at 1,006.5 feet on Sunday, according to the Omaha Public Power District, the operator of the Fort Calhoun plant.

Unfortunately the Times doesn’t mention that large amounts of nuclear tritium are leaking from these plants into the groundwater or say whether any testing of drinking water is being done. What happens if the Missouri becomes contaminated by nuclear material?

CNN reports that a huge water-filled berm that was being used to protect the Ft. Calhoun plant burst yesterday.

Some sort of machinery came in contact with the berm, puncturing it and causing the berm to deflate, said Mike Jones, a spokesman for the Omaha Public Power District (OPPD), which owns the Fort Calhoun plant.

Authorities say this was just a back-up measure and the plant is still safe.

Parts of the grounds are already under water as the swollen Missouri River overflows its banks, including areas around some auxiliary buildings, Jones said.

The 8-foot-tall, water-filled berm, 16 feet wide at its base, surrounded the reactor containment structure and auxiliary buildings, according to the Nuclear Regulatory Commission.

“We built the plant up high enough based on history, based on the flooding in the past. If the flood would rise for some reason above that level we have taken precautions, again, per our procedures to sandbag the important equipment for the reactors,” said Dave Van Der Kamp, with the Nebraska Public Power District.

He said the chances of floodwater getting into the building where the core is kept are almost zero.

I sure hope that’s true.

The NYT has an interesting article on how Andrew Cuomo helped shepherd the gay marriage bill through the New York legislature.

In the 35th-floor conference room of a Manhattan high-rise, two of Gov. Andrew M. Cuomo’s most trusted advisers held a secret meeting a few weeks ago with a group of super-rich Republican donors.

Over tuna and turkey sandwiches, the advisers explained that New York’s Democratic governor was determined to legalize same-sex marriage and would deliver every possible Senate vote from his own party.

[….]

…the donors in the room — the billionaire Paul Singer, whose son is gay, joined by the hedge fund managers Cliff Asness and Daniel Loeb — had the influence and the money to insulate nervous senators from conservative backlash if they supported the marriage measure. And they were inclined to see the issue as one of personal freedom, consistent with their more libertarian views.

Basically, Cuomo acted more presidential than Obama did. I wonder if Cuomo would like to primary Obama? Just kidding….

Here’s an interesting piece at the WaPo: Votes that pushed us into the red. There is a chart that shows how various politicians rationalized supporting big spending projects–although some of them might have actually provided some economic stimulus.

Finally, there’s going to be some kind of cost-cutting change to the electric power grid that will make our electric clocks run fast.

A yearlong experiment with the nation’s electric grid could mess up traffic lights, security systems and some computers — and make plug-in clocks and appliances like programmable coffeemakers run up to 20 minutes fast.

“A lot of people are going to have things break and they’re not going to know why,” said Demetrios Matsakis, head of the time service department at the U.S. Naval Observatory, one of two official timekeeping agencies in the federal government.

Since 1930, electric clocks have kept time based on the rate of the electrical current that powers them. If the current slips off its usual rate, clocks run a little fast or slow. Power companies now take steps to correct it and keep the frequency of the current — and the time — as precise as possible.

The effect will be greater in some areas than others.

The North American Electric Reliability Corp. runs the nation’s interlocking web of transmission lines and power plants. A June 14 company presentation spelled out the potential effects of the change: East Coast clocks may run as much as 20 minutes fast over a year, but West Coast clocks are only likely to be off by 8 minutes. In Texas, it’s only an expected speedup of 2 minutes.

Some parts of the grid, like in the East, tend to run faster than others. Errors add up. If the grid averages just over 60 cycles a second, clocks that rely on the grid will gain 14 seconds per day, according to the company’s presentation.

That’s it for me. I’ve gotta go see what Judge Belvin Perry has to say this morning. What are you reading and blogging about today?


Saturday: NY sends forth a Tiny Ripple of Hope

Click to view larger; U.S. Secretary of State Hillary Rodham Clinton meets with Liberian President Ellen Johnson Sirleaf at the U.S. Department of State in Washington, D.C., on June 23, 2011. (State Dept./ Public Domain)

Morning, news junkies. I’m under the weather, so forgive me if this is scatterbrained.

Marriage equality has arrived in NY. Last night, the New York senate legalized same-sex marriage in a 33-29 vote, and Governor Cuomo signed the bill into law, making NY the largest state where lesbian and gay couples can tie the knot. What an epic moment of pride and history, especially during Pride month, and as Queer Talk blogger Joyce Arnold notes, this is the first GOP-controlled state legislature to pass gay marriage. (Also, remember what Huntsman said about the law earlier this week when asked about it.)

At times like these, Bobby Kennedy’s words at Capetown in June ’66 always come to mind for me.

As dismal as the last decade of political leadership in DC has been, ultimately it could not stop the million different centers of energy and daring that came together on Friday to sweep down the barrier to marriage equality–in the state that sparked the modern LGBT movement to begin with, no less. That’s hope in action, years of activism coming to fruition, putting the idea of change you can “believe in” to shame. What has happened in NY is change that the constituents of that state can now experience–and change that the rest of the country can see (and follow in the footsteps of!)

I only have one quick note on Madame Secretary this time. On Monday, June 27th, Hillary will be hosting an LGBT Pride event at the State Department called “The Human Rights of LGBT People and U.S. Foreign Policy.” Go Hillary! If only someone would hold a WH event called “The Human Rights of LGBT People and U.S. Domestic Policy.” (Obama’s half-assed speech on Thursday to LGBT donors does not count.)

My Nifty graph pick for the week: If Congress Does Nothing, The Deficit Will Disappear (via TPM).

New Deal 2.0’s Bryce Colvert has posted an excellent interview with Roosevelt Institute’s Senior Fellow Ellen Chesler on Wal-Mart v. Dukes: “The Simple Answer is an Equal Rights Amendment.”

Amanda Marcotte on Using the War on Contraception as an Opportunity:

It’s true that anti-choicers are linking contraception to abortion in order to attack contraception, but we can turn that strategy on its head. If they’re going to link contraception and abortion, then pro-choicers should embrace that. And we should use the fact that contraception is widely accepted and even popular to help change the framing of abortion.

If you missed Pulitzer-prize winning journalist Jose Antonio Vargas’ piece “My Life as an Undocumented Immigrant” earlier this week, go read it now!

Mark Kelly and Gabby Gifford are going to be writing a memoir.

Indian American paper honors Nikki Haley as Person of the Year.

Via Huffpo, Women In Power: Annemarie Goedmakers, The Woman Who Brings Light To The Darkest Corners Of Africa. Goedmakers’ advice for young women:

“You cannot do everything on your own. You need people that like you, or like your ideas. It might be your boss, a friend, or a group of women that pushes you for a certain post. It’s essential to have these kinds of sponsors around you. They give just the push at moments where on your own, you wouldn’t be a success.”

That’s what the Sisterhood is for.

Speaking of which, did you hear that Gillibrand and other female legislators beat the Washington press corps in a game of softball on Thursday night and dedicated their win to Gabby Giffords? It’s a nice story… definitely check it out if you need a pick-me-up.

I’ll leave you with a fun and intriguing item before I wrap up with today’s historical trivia.

Earlier this week I saw CNN’s Ali Velshi interview two investigators from the Wellman Center for Photomedicine (at Harvard-affiliated Massachusetts General Hospital). Velshi basically introduced the segment by saying that humans might get to have a glowing pointer finger like ET. I’ve been around as long as ET, so in my lifetime we’ve gone from a sci fi special effect to something that may have practical applications in cancer treatment:

Maybe most promising, however: the Harvard physicists say that the technology could be used to help destroy cancer. While lasers are already used in certain treatments to battle malignant tumors, the ability to aggressively and precisely target cancerous cells from deep within the affected body tissue — using bio-lasers — would represent a major breakthrough in oncology.

Here’s more from SciAm’s writeup last week: Green Fluorescent Protein Makes for Living Lasers.

Today in Women’s History (June 25)

In 1881, Crystal Eastman was born. Teaser, via National Women’s Hall of Fame:

Crystal Eastman, co-founder of the American Civil Liberties Union, struggled throughout her life for equal rights and civil liberties for all. Acquiring her law degree from New York University in 1907, Eastman was one of only a few hundred women lawyers in the early twentieth century.

Well, that’s it for me. What’s on your blogging list this Saturday?

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