Friday Reads

Good Morning!!

There are a couple of finance stories that I’ve been following that I’m getting ready to write more bout.  One is the story about the manipulation of LIBOR by Barclays with possible involvement of JPM and others.  Here’s an article from The Economist to get us started on the topic. Its title includes the word “banksters”.  That should be telling.

At present, the scandal rages in one country and around one bank. Barclays has been fined $450m by American and British regulators for its attempts to manipulate LIBOR. The bank’s first attempt to ride out the storm failed miserably; Bob Diamond, Barclays’ chief executive, resigned this week. The British government has ordered a parliamentary review into its banks. The reputation of the City of London, where LIBOR is set by collating estimates of their own borrowing costs from a panel of banks, has been further dented.

But this story stretches far beyond Britain. Barclays is the first bank in the spotlight because it offered to co-operate fully with regulators. It will not be the last. Investigations into the fixing of LIBOR and other rates are also under way in America, Canada and the EU. Between them, these probes cover many of the biggest names in finance: the likes of Citigroup, JPMorgan Chase, UBS, Deutsche Bank and HSBC. Employees, from New York to Tokyo, are implicated (see article).

I’m just delving into the details now.  It will take me awhile to get to the point of being able to describe it nontechnically so please be patient.  This is huge.  It will likely show us why the moves to remove Dodd-Frank and the Volker Rule are as criminal as the intent.

Well, I certainly wouldn’t wish Bobby Jindal on the country but it appears that our Governor has made the short list in the Romney VP stake.  Frankly, anything he does is only to further his professional political career having done nothing else.  Judging from my LA twitter feed, he might just have fled the state because every one is mad at him over his move to end public education as we know it. The man has a weird personality and he excels at ambition and lying.  He’d be perfect for the job, frankly.  Romney and Jindal are a matched set of amoral liars.  Unfortunately, he won’t quit even if he gets the nod which only puts my state in worse condition than it is since he took over. Ask me about our more than double unemployment rate since he took over. He’s got his eye on 4 years from now.

On readiness for office, conversations with Romney insiders and allies suggest that they have no qualms about Portman or Pawlenty. One of Romney’s biggest complaints about President Obama is that he is in over his head and had “never run anything before.” Pawlenty governed the state of Minnesota for two terms; Portman ran the Office of Management and Budget as well as the Office of the United States Trade Representative. Jindal is in his second term as governor of Louisiana. Paul Ryan, however, falls short in this regard; he was a Capitol Hill staffer and a marketing consultant before becoming a congressman at age 28.

As for chemistry with the candidate, Pawlenty, Portman and Ryan have all campaigned alongside him multiple times. Each endorsed him at critical moments in the primary process and appeared with him on the stump when they did. And each got a turn as his key surrogate on Romney’s June bus tour, which ran through their states. Jindal has not yet campaigned with the presumptive nominee, so look for that to happen soon in a swing state near you.

Does this picture remind you of something from the John Kerry Files?  Notice the dressage horses are missing.  Romney going one way on the lake.  Then, the other way on the lake … then back again the other way on the lake …

I’ll just say it: I don’t think the political pundit class understands just how toxic the Swiss/Caymans/Bermuda accounts issue is for Romney. Not that they don’t know it’s a liability at all. But I don’t think they realize the extent of it.

Here’s a report just out from ABC News on how Ted Strickland introduced Obama in Ohio …

“Oh, what a contrast, my friends, between these two men who would be president!” Strickland said, standing outside the Wolcott House Museum. “President Obama is betting on America and American workers, and Mitt Romney is betting his resources in the Cayman Islands, in Bermuda, in Switzerland and God only knows where else he is putting his resources.”Fair or not, it just rolls off the tongue. Immediately understandable. And assuming you’re not talking to the deeply ideological committed or hyper-partisans, how exactly do you understand that a man running for president has parked a lot of his money in offshore tax havens?

Whatever harsh message you’re trying to prove — out of touch with lives of ordinary Americans, plays by a different set of rules, isn’t focused on America and American workers — it fits right in.

Set aside all questions of legality. And I think Romney’s probably too smart and close to the vest to break any laws. But how do you explain it? What’s the good explanation?

Do you seek the safe harbor of Romney’s 15% tax rate?

How many of you know any one that hides assets in off shore banking havens? Better yet, how many savvy politicians would do it?

The attacks on Mississipi’s sole abortion clinic seem to be aimed at sending a court case to SCOTUS to test Planned Parenthood v. Casey and Roe v. WadeCreeping theocracy threatens the health of American women.

Earlier this week a district court issued an eleventh-hour stay to block a Mississippi law designed to shut down the state’s last surviving abortion clinic. It’s the only one that has muscled through a spate of regulations aimed at making Mississippi “abortion-free,” in the words of Gov. Phil Bryant (R).

“The Court has considered the parties’ arguments and finds Plaintiffs satisfy the requirements for temporary injunctive relief to maintain the status quo until the newly framed issues can be more thoroughly examined,” wrote U.S. district judge Daniel P. Jordan III.

Bryant’s intentions are clear: make Mississippi the first state without access to abortion. But that’s a tricky legal proposition as a result of Roe v. Wade and Planned Parenthood v. Casey, the two key Supreme Court rulings that protect abortion rights.

The question before the courts is whether the new state law is legitimate under Roe and Casey. If so, pro-choice advocates fear it would threaten abortion rights protections nationwide

“In this case, Plaintiffs have offered evidence — including quotes from significant legislative and executive officers — that the Act’s purpose is to eliminate abortions in Mississippi,” wrote Jordan. “They likewise submitted evidence that no safety or health concerns motivated its passage. This evidence has not yet been rebutted.”

A hearing is scheduled for July 11 to determine if a preliminary injunction should follow. That’s a reasonably likely scenario since the Bush-appointed Judge Jordan issued the stay on the basis that the plaintiffs have “a substantial likelihood of success on the merits.”

Whether or not the case climbs up to the Supreme Court and puts Roe at risk of being overturned depends on the breadth of the lower courts’ ruling. But neither side is particularly keen on going down that road — at least for now.

“From a pro-choice perspective, the less the current Court does to define Casey, the better. From a pro-life perspective, they want to wait until there’s a clear shot at Roe v. Wade,” said Scott Lemieux, a political science professor at the College of Saint Rose.

Meanwhile, back in Rush Limbaugh’s warped reality, ALL the problems of the country are due to women getting the vote.

Rush Limbaugh has a major problem when it comes to women. In the past, the conservative talk radio host has accused them of being sluts for using birth control and called those who support feminism “feminazis.” (Media Matters has compiled a pretty good list of Limbaugh’s sexist and misogynistic remarks over the years.) Now, the caustic commentator has come up with a new calumny: “When women got the right to vote is when it all went down hill.”

He made the remark on his radio program Tuesday, adding: “Because that’s when votes started being cast with emotion and maternal instincts. …”

That’s right. According to Limbaugh, America messed up big-time when it allowed all of its citizens—not just men—to vote.

I have no idea what makes people vote Republican any more but I don’t think it has anything to do with sanity.  What’s on your reading and blogging list today?


Thursday Reads: Holder Witchhunt, SCOTUS and Health Care, Colorado Wildfires, and Mocking Mitt

UPDATE: Supreme Court upholds Affordable Care Act, Including Individual Mandate!

Good Morning!!

Since today is going to be a mostly serious news day, I’ll begin with a silly story. A new survey by the National Geographic Channel found that 65% of Americans think President Obama is more qualified to handle an invasion from outer space than Mitt Romney.

And lest you are tempted to dismiss this poll as pure silliness, the study also found that 36 percent of Americans think UFOs exist, while another 48 percent aren’t sure. Which means that at least some of the respondents judging the presidential candidates’ alien-fighting abilities may see it as a plausible scenario. (According to the poll, 79 percent also say the federal government has been hiding information about UFOs from the public – which may actually say more about the public’s overall distrust of government than its views on aliens.)

UFO = Unidentified Flying Object. Of course UFOs exist. Haven’t we all seen things in the sky that we didn’t recognize? Whether these objects are of extraterrestrial origin would have been a better question. Now the ones who want to “befriend” a visiting alien–those people have got to be looney tunes. But this story isn’t as silly as I originally thought, since it’s obviously just an ad for the National Geographic Channel.

And now the real news. Today will be a big day for politics junkies. Will the House go through their idiotic plan to find Attorney General Eric Holder in contempt of Congress? Will Chief Justice John Roberts and Justice Anthony Kennedy decide to vote to keep the current Supreme Court from going down in history as a laughingstock?

Eric Holder Witchhunt

On the Holder issue, I think the House probably will call the vote, especially since some Democrats are planning to vote for the contempt resolution because they’re scared of the NRA.

Cognitively challenged Massachusetts Senator Scott Brown today called on Holder to resign.

“He can’t effectively serve the president,” Brown said last night on “NightSide” with Dan Rea — in a one-man debate after Democratic challenger Elizabeth Warren chose to sit the event out.

Going at Holder on the eve of an expected contempt of Congress vote tomorrow, Brown said, “For the best interest of the country, I think he should step down and resign. He’s lost the confidence of the American people. Certainly he’s lost the confidence of Congress. He misled Congress. They have a right to know.”

That quote is from the ultra-conservative Boston Herald, so I’ll interpret for you. The “debate” referred to in the article was an appearance on a conservative radio talk show that Brown proposed as an alternative to the public debate that would have been sponsored by U. Mass. Boston and the Edward M. Kennedy Institute.

The announcement came shortly after representatives of Vicki Kennedy said she would not agree to Brown’s demand that she remain neutral in the race, in exchange for the senator’s participation in a late September debate she had proposed be hosted by the University of Massachusetts Boston and Edward M. Kennedy Institute for the United States Senate.

Barnett had said Monday that Brown would participate only if Kennedy, president of the board at the Kennedy Institute, not endorse in the race and that MSNBC not be the broadcast sponsor of the debate.

Instead of “debating” with Scott Brown on a rinky-dink local conservative radio talk show, Elizabeth Warren appeared on Rachel Maddow’s national cable show last night.

Scott Brown and Darrell Issa are both complete idiots, IMNSHO.


The SCOTUS Decision on Health Care

I’m going to go out on a limb and predict that the Roberts and Kennedy will both vote to uphold the Affordable Care Act. I think, based on what they did with Arizona’s immigration law, that Roberts and Kennedy will also vote to uphold “Obamacare.”

When this happens, Antonin Scalia may freak out completely and embarrass himself even more than he did after the Arizona decision. And then perhaps his friends and colleagues will sit him down and suggest that he retire and get his own radio talk show.

At Slate, Judge Richard Posner harshly criticized Scalia’s behavior as political.

The nation is in the midst of a hard-fought presidential election campaign; the outcome is in doubt. Illegal immigration is a campaign issue. It wouldn’t surprise me if Justice Scalia’s opinion were quoted in campaign ads.

Would Chief Justice Roberts be proud of his Court if that happened?

House progressives say they will introduce a single-payer plan if the law is struck down.

The last thing House progressives want is for the Supreme Court to strike down President Barack Obama’s health care law. But if the high court rules Thursday that some or all of the law is unconstitutional, progressives are ready to renew their push for the model of health care they wanted all along: the single-payer option.

“It’s easy to see it’s a good idea,” Rep. Keith Ellison (D-Minn.), co-chairman of the Congressional Progressive Caucus, told The Huffington Post. “It’s the cheapest way to cover everybody.”

Ellison said all 75 members of the caucus have already signed onto a bill by Rep. John Conyers (D-Mich.) to create a single-payer, publicly financed, privately delivered universal health care program. The proposal would essentially build on and expand Medicare, under which all Americans would be guaranteed access to health care regardless of an ability to pay or pre-existing health conditions.

Now, now. We don’t want to give Scalia a conniption fit, do we? He would be more likely to agree with libertarian economics blogger Tyler Cowan who thinks the wealthy naturally will have better health care and poor people should just die if they can’t afford health insurance.

A rejection of health care egalitarianism, namely a recognition that the wealthy will purchase more and better health care than the poor. Trying to equalize health care consumption hurts the poor, since most feasible policies to do this take away cash from the poor, either directly or through the operation of tax incidence. We need to accept the principle that sometimes poor people will die just because they are poor. Some of you don’t like the sound of that, but we already let the wealthy enjoy all sorts of other goods — most importantly status — which lengthen their lives and which the poor enjoy to a much lesser degree. We shouldn’t screw up our health care institutions by being determined to fight inegalitarian principles for one very select set of factors which determine health care outcomes.

The health care decision should come out around 10AM, and I’ll update this post when the news breaks.


Mitt Romney Report

I know everyone is just dying to know what Mitt Romney is up to. Well yesterday he had quite a hissy fit about the Washington Post article on how he pioneered outsourcing when he was at Bain Capital. He actually sent some of his representatives to the Post to demand a retraction! As you might imagine, the Post wasn’t intimidated.

Good grief! They even gave a Power Point presentation! What a bunch of crybabies. And on Hardball today, Howard Fineman reported that Romney campaign staffers complained to him that Obama has been running lots of negative ads against Romney. Hey Mitt, politics ain’t beanbag.

From today’s Washington Post: Mitt Romney shifts focus from Post article on Bain to health-care law.

On the eve of the Supreme Court decision on President Obama’s health-care law, Republican presidential candidate Mitt Romney predicted Wednesday that “they’re not sleeping real well at the White House tonight.”

He said that the court’s decision is a constitutional one, but that “one thing we already know, however, we already know it’s bad policy and it’s gotta go.”

Romney’s comments marked a shift in focus after several days in which his campaign sought to deflect attacks from the Obama campaign over the role that Bain Capital, his former firm, played in the overseas outsourcing trend that accelerated in the 1990s.

Obama, Vice President Biden and top campaign operatives have seized on a Washington Post article published Friday that said Bain Capital invested in companies that specialized in moving work overseas. The Obama team released tough ads in the swing states of Iowa, Ohio and Virginia on the subject.

Romney tried to “work the refs,” but he forgot that you catch more flies with honey than vinegar. Now he’s irritated the Washington Post. Not real smart, Mitt. Yesterday, even Rush Limbaugh dissed the Republican candidate.


Colorado Wildfires (and More Mitt)

The wildfires in Colorado are really getting out of control.

Firefighters struggled on Wednesday to beat back a fiercely aggressive wildfire raging at the edge of Colorado Springs that has forced at least 35,000 people from their homes and was nipping at the edges of the U.S. Air Force Academy.

The so-called Waldo Canyon Fire, fanned by gusting winds, has gutted an unknown number of homes on the wooded fringes of Colorado’s second-most populous city and prompted more evacuations as flames roared out of control for a fifth day.

President Barack Obama plans to pay a visit to the area on Friday to view the damage, the White House said.

The blaze flared Tuesday night with sudden ferocity and quickly overran fire containment lines, invading the northwestern corner of the city. But officials have declined to characterize the extent of property damage there….

The blaze left an orange hue over Colorado Springs, and a smoky haze hung in the air, so thick in places that the giant, roiling pall of smoke that continued to billow into the sky over the city was obscured from the ground.

Local TV station channel 9 news provides a summary of fires in many different locations. It’s really shocking how widespread they are. Yesterday the fires threatened the Air Force Academy, and many residents there were evacuated.

Voters who live in Colorado and other states where there are disasters like fires, mudslides, hurricanes, tornadoes, and floods, should be aware that Republican presidential candidate Mitt Romney opposes federal disaster relief and would probably eliminate FEMA if he were elected. He thinks natural disasters should be handled by individual states. From one of the debates last year:

Here’s a transcript:

KING: Governor Romney? You’ve been a chief executive of a state. I was just in Joplin, Missouri. I’ve been in Mississippi and Louisiana and Tennessee and other communities dealing with whether it’s the tornadoes, the flooding, and worse. FEMA is about to run out of money, and there are some people who say do it on a case-by-case basis and some people who say, you know, maybe we’re learning a lesson here that the states should take on more of this role. How do you deal with something like that?

ROMNEY: Absolutely. Every time you have an occasion to take something from the federal government and send it back to the states, that’s the right direction. And if you can go even further and send it back to the private sector, that’s even better. Instead of thinking in the federal budget, what we should cut — we should ask ourselves the opposite question. What should we keep? We should take all of what we’re doing at the federal level and say, what are the things we’re doing that we don’t have to do? And those things we’ve got to stop doing, because we’re borrowing $1.6 trillion more this year than we’re taking in. We cannot…

KING: Including disaster relief, though?

ROMNEY: We cannot — we cannot afford to do those things without jeopardizing the future for our kids. It is simply immoral, in my view, for us to continue to rack up larger and larger debts and pass them on to our kids, knowing full well that we’ll all be dead and gone before it’s paid off. It makes no sense at all.

Because “our kids” will have a great future if they go through an earthquake or other horrible disaster and there’s no federal help for the state they live in to recover. Brilliant!

That’s about it for me. I’ll just leave you with this bit of good news: Eric Cantor may be in trouble

New polling from Virginia’s 7th Congressional District, one of the more reliably conservative districts in the country, shows surprising vulnerabilities for Republican House Majority Leader Eric Cantor, especially on the issue of women’s health.

In the poll from from Harrison Hickman obtained exclusively by ThinkProgress, voters say they would support a pro-choice candidate over a candidate who is pro-life by an unexpectedly large margin, 68 percent to 23 percent. The finding comes after intense media coverage of efforts by state Republicans to mandate transvaginal ultrasounds prior to obtaining an abortion, a procedure described by critics as “state-sponsored rape.” The resulting backlash from women in Virginia forced Governor Bob McDonnell (R) and his allies at the statehouse to moderate their efforts.

Eric Cantor has a 100% rating from the National Right To Life Committee.

AND

asked about Cantor specifically, voters disapprove of his handling of government spending, health care and reigning in the budget deficit, three key issues that Cantor and House Republicans have campaigned heavily on since 2008.

While Cantor is not among Republicans who are considered at risk by political prognosticators, 43 percent of voters would replace Cantor compared to just 41 percent who would reelect him.

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


Just Call me a Conscientious Objector in the Mommy Wars

I have no idea why this war even needs to be fought.  I also object to the frame that redefines feminism as something it isn’t and then casts it in the catalyst role. Frankly, my lifestyle choices are no one’s damn business.  I also don’t want to hear any whining about put upon stay at home mothers or selfish working moms or whatever freaking black and white witchy stereotype folks dream up and embrace. This would include the appalling cartoon I used for this post.  There seems to be a media obsession at the moment with painting women into corners and guilt tripping them for which ever corner they wind up in.  Women are even participating in the self immolation. We’ve been regaled by lectures like this one on “Why Women Still Can’t Have It All“.  Like we need some other woman defining what “all” is for the rest of us. We also don’t need a bunch of self righteous right wing wind bags that continue to blame all of the world’s problems on mothers.

It’s enough to make Betty Friedan spin in her grave.

Katrina Vanden Heuvel took up the keyboard today at WAPO with a reminder that most working mothers aren’t struggling to “have it all”.  They are struggling to feed their kids and provide homes. For some reason, a lot of folks seem to think there’s all these great, supportive, bread-winning men out there just dying to reproduce and do right by their wives and families. I frankly don’t recommend marriage to any woman. Most husbands are bigger pains-in-the asses than colicky babies.  A lot of them can’t even hold down jobs these days and then there’s the entire emotional trip that goes along with marriage. You know the TV sitcom stint that goes like this.  Asking men to do the right thing by their families puts them in the position of being the oppressed, hypernagged hubbie who goes to work and takes it out on the resident working women and stirs up the other men in one big woe-is-me session. There’s a lot of reality out there that these BS narratives miss. Even the best intentioned man can get pulled back into the old boys club after a number of years of marriage and fatherhood.  The media, their jobs and the entertainment industry absolutely empower them to be reckless with their family relationships.

This is the reality that faces millions of working women. More than 70 percent of all mothers and more than 60 percent of mothers with children under 3 are in the workforce. Two-thirds of them earn less than $30,000 a year. Nine of 10 less than $50,000. In the Rev. Jesse L. Jackson’s powerful image, “They catch the early bus,” or, in Vasquez’s case, the late bus. They work out of need, whether they want to or not. Half are their family’s primary breadwinner.

These mothers don’t have the luxury of flexible time or the ability to leave when a child is in trouble or sick. Most can’t afford to take unpaid sick leave to care for their children — and many would lose their jobs if they did, despite the federal law guaranteeing unpaid leave. Many work in jobs — as home-care workers, farm workers, cleaning people — that have scant protection of minimum wage and hours standards. Many cobble together two or three part-time jobs. Child care gets done by grandmothers, neighbors or simply the TV.

Okay, so this is the deal.  The problem is not with WOMEN.  The problem is with the way “work” and “income” is structured in this country.  It doesn’t change because most men in power don’t want it to change. Things used to be different when most businesses were family run and family owned or when most families lived off farms.  Working for some one else in this country but a few enlightened companies basically means placing your family outside your major time commitments.  That is not the way it should be.

Here’s something that caught my eye as I thought about this. This is written by a journalist as a response to the articles run by The Atlantic recently in the vein of mommy wars. I like it because it states what I find is obvious.  Feminism is about finding options and accepting and empowering women’s choices.  It’s not about pitting our various roles against each other.  Every woman should make her choice.  There is no sainthood or martyrdom prize for whatever that choice is so can’t we just knock it off now?

The average American worker gets something like 14 days of paid vacation. In my school, you’d use up ten of those taking care of your kids on teacher professional days, then tack on a couple more for kids getting sick. When you do the simple math, the American workplace seems utterly inhumane in its unwillingness to adapt to the fact that women make up half of all workers.

Economist Claudia Goldin has made a career out of studying what she calls the “career cost of family.” The industries that thrive and hold onto talented women are the ones that figure out how to minimize the cost of taking time off for your family. It’s not all that complicated. They take advantage of technologies to let parents work at home or be more efficient, they schedule shifts, they minimize face time, they let people do what Sheryl Sandberg says she does: go home at 5:30 and pick up again later after her kids are in bed.

Feminism was about making women’s lives less constrained and giving them more choices. Right now, most women have none — not because they are spoiled and unrealistic and want to do lunchtime yoga, but because they are working hard to support their families and everyone is colluding in the fiction that they have nothing else on their minds. I return to a modest proposal I made last week in Slate, inspired by Slaughter: Mothers, fathers, don’t lie to your employers about the kid things you have to (or want to) do during the day. If you are taking a kid to the doctor, say so. Ditto for parent teacher conferences or the school play. At this point, honesty would be a radical act.

One of the bottom lines to me is that if men would actually do something about making the country, the work place, and their family more children friendly, we wouldn’t be having these problems or this discussion.  Our situation exists because men do not treat women or children as anything valuable unless there’s something at the time that they need from them.  There are work environments out there that are family friendly.  They are very successful.  They got that way because the men in charge made them that way to attract and maintain talent.  They attract men and women to work for them that value families. There are far too few companies that do that because there’s a lot of men that get away with ignoring their families.  They’re rewarded for it. European countries do not do this.  France doesn’t do it.  Germany doesn’t do it.  None of the Scandinavian countries do it. It’s an American value to fuck over you family because you have to work.

The other interesting thing in all of this is the role of birth control and the empowerment of controlling when you have children.  Economist Claudia Goldin calls this The Quiet Revolution.  I have no doubt that there is an equal role in all the re-ignition of the mommy wars with the attack on birth control.  Reproductive rights is essential to women’s freedom and children’s well being. It’s also necessary to the transformation that could occur in the work place if more women got into positions of power and more men were motivated by family concerns and demanded the work place empower them to parent.  Taking away this important right means undoing women’s autonomy.

All of this just continues to impress upon me how little this country actually cares about its children. There seems to be this silly idea that if you just strand a woman at home with children and giver her a husband with a paycheck then all the problems of the world will just fade away.  This couldn’t be farther from the truth.  Just reading literature on depression and unhappiness should put this damaging canard to bed.  Again, look at that damn cartoon up there.  We need to be a society that supports family choices and provides resources to all our children to be in the environment in which each child thrives.  This will never happen in less our institutions stop prioritizing the wrong things and until every one refuses to participate in the Mommy Wars.


Republican Freak Out in Michigan: Don’t Say Vagina!

It’s been a few days since Michigan State Rep. Lisa Brown and her colleague Rep. Barb Byrum, both Democrats, were silenced by the Republican House majority for speaking out against a highly restrictive anti-abortion bill.

Republican males were so horrified by these transgressions that they punished the women by banning them from speaking on the House floor the following day–the last day of the legislative session.

A spokesman for Michigan Speaker James Bolger said in a statement that Brown would not be allowed to give her opinion on a school employee retirement bill Thursday because she had “failed to maintain the decorum of the House of Representatives.”

Republican Rep. Mike Callton added that Brown’s remark went over the line.

“What she said was offensive,” Callton told The Detroit News. “It was so offensive, I don’t even want to say it in front of women. I would not say that in mixed company.”

Brown was punished for uttering the word “vagina”:

Brown, a West Bloomfield Democrat and mother of three, said a package of abortion regulation bills would violate her Jewish religious beliefs and that abortions be be allowed in cases where it is required to save the life of the mother.

“Finally, Mr. Speaker, I’m flattered that you’re all so interested in my vagina, but ‘no’ means ‘no,'” Brown said.

Byrum offended the powers that be by trying to introduce an amendment to the bill

banning men from getting a vasectomy unless the sterilization procedure was necessary to save a man’s life.

“If we truly want to make sure children are born, we would regulate vasectomies,” Byrum told reporters Thursday.

You’d think these men would be embarrassed after turning themselves into a national laughingstock, but apparently not. The controversy continues. Today Lisa Brown will participate in a reading of The Vagina Monologues on the Capital steps in Lansing. She will be accompanied by other female legislators and a teenage actress from Howell. The play’s author, Eve Ensler is flying in for the occasion.

What is so upsetting about the word “vagina?” At the WaPo, Susan Thistlethwaite says the male fear of the female organ goes all the way back to Aristotle.

The obvious revulsion of these Michigan male legislators at the term “vagina” goes well beyond politics. If you really want to understand why some Michigan legislators find the word “vagina” disturbing and unsuitable for “mixed company,” you’ve got to go all the way back to Aristotle.

Aristotle thought women were more material (carnal) and men more rational (active). According to Aristotle, the fully developed human is male, and a woman “is as it were a deformed male” (Generation of Animals, 737a. 28). This has disposed western culture, and especially Christianity, to consider women’s bodies as profane rather than sacred, and thus by extension too offensive to talk about in public.

But wait, this isn’t the mid-fourth century BCE, the time when Aristotle wrote. It’s not even the Middle Ages. It’s the 21st century, and women will not sit still and have their bodily parts considered “disturbing,” while simultaneously being regulated without their consent.

And at Slate, Dahlia Lithwick has a suggestion for a new bill for Michigan Republicans:

The scourge of women being allowed to speak the word vagina in a legislative debate over what happens when women use their vaginas must be stopped. And if women are not capable of regulating their own word choice, the state should regulate it for them. To that end, we propose that the Michigan House promptly enact HB-5711(b)—a bill to regulate the use of the word vagina by females in mixed company.

The bill will include Part A(1)(a) providing that any women who seeks to use the word vagina in a floor debate be required to wait 72 hours after consulting with her physician before she may say it. It will also require her physician to certify in writing that said woman was not improperly coerced into saying the word vagina against her will. Section B(1)(d) provides that prior to allowing a female to say the word vagina a woman will have a mandatory visit with her physician at which he will read to her a scripted warning detailing the scientific evidence of the well-documented medical dangers inherent in saying the word vagina out loud, including the link between saying the word vagina and the risk of contracting breast cancer.

Read the rest of the bill’s language at the above link.

Will any of this affect the Republican Party’s obsession with reversing women’s rights? Probably not, but I’ll bet some of their female constituents will be paying attention.


Friday Morning Reads

Good Morning!

BB sent me this wonderful link last night to something that’s always fascinated me.  I’ve had an enduring interest in the beautiful cave art of prehistoric peoples in Europe.  New dating evidence has given us some new takes on these very first expressions of humanity in early people.

Stone Age artists were painting red disks, handprints, clublike symbols and geometric patterns on European cave walls long before previously thought, in some cases more than 40,000 years ago, scientists reported on Thursday, after completing more reliable dating tests that raised a possibility that Neanderthals were the artists.
Hand stencils at the El Castillo Cave in Spain have been dated to have been created earlier than 37,300 years ago, making them the oldest cave paintings in Europe.

A more likely situation, the researchers said, is that the art — 50 samples from 11 caves in northwestern Spain — was created by anatomically modern humans fairly soon after their arrival in Europe.

The findings seem to put an exclamation point to a run of recent discoveries: direct evidence from fossils that Homo sapiens populations were living in England 41,500 to 44,200 years ago and in Italy 43,000 to 45,000 years ago, and that they were making flutes in German caves about 42,000 years ago. Then there is the new genetic evidence of modern human-Neanderthal interbreeding, suggesting a closer relationship than had been generally thought.

The successful application of a newly refined uranium-thorium dating technique is also expected to send other scientists to other caves to see if they can reclaim prehistoric bragging rights.

In the new research, an international team led by Alistair W. G. Pike of the University of Bristol in England determined that the red disk in the cave known as El Castillo was part of the earliest known wall decorations, at a minimum of 40,800 years old. That makes it the earliest cave art found so far in Europe, perhaps 4,000 years older than the paintings at Grotte Chauvet in France.

Obama gave a speech on the economy yesterday in swing state Ohio.  Here’s the transcript of the speech from WAPO if you’re interested.

This has to be our north star, an economy that’s built not from the top down but from a growing middle class; that provides ladders of opportunities for folks who aren’t yet in the middle class.

You see, we’ll never be able to compete with some countries when it comes to paying workers lower wages or letting companies do more polluting. That’s a race to the bottom that we should not want to win, because those countries don’t have a strong middle class, they don’t have our standard of living.

The race I want us to win — a race I know we can win — is a race to the top. I see an America with the best-educated, best- trained workers in the world; an America with a commitment to research and development that is second to none, especially when it comes to new sources of energy and high-tech manufacturing.

I see a country that offers businesses the fastest, most reliable transportation and communications systems of anywhere on Earth.

I see a future where we pay down our deficit in a way that is balanced — not by placing the entire burden on the middle class and the poor, but by cutting out programs we can’t afford and asking the wealthiest Americans to contribute their fair share.

That’s my vision for America: education, energy, innovation, infrastructure, and a tax code focused on American job creation and balanced deficit reduction.

This is the vision behind the jobs plan I sent Congress back in September, a bill filled with bipartisan ideas that, according to independent economists, would create up to 1 million additional jobs if passed today.

This is the vision behind the deficit plan I sent to Congress back in September, a detailed proposal that would reduce our deficit by $4 trillion through shared sacrifice and shared responsibility.

This is the vision I intend to pursue in my second term as president because I believe..

… because — because I believe if we do these things — if we do these things more companies will start here and stay here and hire here, and more Americans will be able to find jobs that support a middle class lifestyle.

You can fact check the Obama and Romney economics speeches here.  Here’s two of Romney’s more obvious honkers.

“How about Obamacare? The president said the other day that he didn’t know that Obamacare was hard for small business. Oh, really? The Chamber of Commerce carried out a survey, some 1,500 businesses across America. Seventy-five percent of those people surveyed said Obamacare made it less likely for them to hire people.”

 Oh my. The governor clearly had not read Thursday’s Fact Checker column showing that (a) Obama did not really say that and (b) he was answering a misinformed question. However, with the phrase “those people surveyed,” Romney did properly characterize the Chamber of Commerce survey, which because of its design cannot be used to draw conclusions about all small businesses — only the ones that were surveyed.

“The president said that if we let him borrow $787 billion for a stimulus, he’d keep unemployment below 8 percent nationally. We’ve now gone 40 straight months with unemployment above 8 percent.”

We earlier had dinged Romney with Two Pinocchios for this statement, because the president never said this; this was a staff estimate before he took the oath of office.

The most outrageous example of the Republican war on women happened yesterday in the Michigan legislature.  Two Democratic Women members were banned from speaking on the floor because they dared stand up for women’s rights to abortion services.  Yesterday, we heard the ban was for using the word vagina. Today, we’re being told it’s for being ‘disruptive’. You can watch their speeches at this link at TP.

A male Republican House leader in Michigan silenced two female Democratic state legislators on Thursday after the pair tried to advance a measure that would have reduced access to vasectomies.

While discussing a bill that would erode the availability of abortion, Reps. Barb Byrum and Lisa Brown introduced an amendment to apply the same regulations to vasectomies that GOP lawmakers wanted to add to abortion services. The debate grew heated, as Republicans sought to gravel down the women. Byrum was not permitted to speak in favor of the measure and Brown was repeatedly interrupted. “I’m flattered that you want to get in my vagina, but no means no,” she said. The next day both were silenced.

This article at Bloomberg shows US Income Equality is actually worse than we’ve even imagined.

The Federal Reservereleased new numbers on Monday. Unsurprisingly, wealth distribution is even more skewed than income distribution. In 2010, the median family had assets (including their house but subtracting their mortgage) of $77,300. The top 10 percent had almost $1.2 million, or more than 15 times as much.

But the headlines — and rightly so — went to the dismal fact that household wealth has been sinking for all categories of Americans. As I said, the net worth of the median family in 2010 was $77,300. In 2007, the net worth of the median family was $126,400. That’s a drop of almost 40 percent in just three years. (All these numbers are corrected for inflation.)

Characteristically taking the longer view, the New York Times led with the fact that household savings were back to where they had been in the early 1990s, “erasing almost two decades of accumulated prosperity.”

Most of the lost household net worth of recent years is due to the drop in housing prices. This is comforting, in a way, because the price of land and things built on land — and what, ultimately, is not? — are different from the price of other goods and services.

Here’s a great story at The Nation that shows how fear of sharia law taking root in the US is just good old fashioned bigotry and based on nothing but fear and loathing.

The true story of Sharia in American courts is not one of a plot for imminent takeover but rather another part of the tale of globalization. Marriages, divorces, corporations and commercial transactions are global, meaning that US courts must regularly interpret and apply foreign law. Islamic law has been considered by American courts in everything from the recognition of foreign divorces and custody decrees to the validity of marriages, the enforcement of money judgments, and the awarding of damages in commercial disputes and negligence matters.

As an attorney, consultant or expert witness, I have handled more than 100 cases involving components of Sharia. In a case I tried in 2002, Odatalla v. Odatalla, a New Jersey couple had signed an Islamic marriage contract consistent with their cultural traditions. When the wife filed for divorce, she asked the court to enforce the mahr, or dowry provision, in her contract, which called for the husband’s payment of $10,000 upon the dissolution of their marriage. Superior Court Judge John Selser found the marriage contract valid under New Jersey law, concluding, “Clearly, this court can enforce a contract which is not in contravention of established law or public policy.”

In a 2003 case involving Exxon Mobil and a Saudi oil company, the parties had agreed as part of a commercial transaction that Saudi law would govern any potential disputes. After the Saudi company sued its former business partner, Exxon Mobil, the Delaware Superior Court heard testimony on Saudi law, which applies traditional Sharia, and the judge instructed the jury to base its decision accordingly. The jury returned a $400 million–plus verdict in favor of Exxon Mobil and against the Saudi firm.

Finally, in a more recent case I was involved in, a state judge declined to recognize a Syrian court order that would have transferred the custody of a child to her father because of the mother’s remarriage. The judge reasoned that remarriage alone is not sufficient to transfer custody. Far from deferring to judgments from foreign countries, US courts regularly refuse to recognize such orders due to the constitutional and due-process implications.

Had an anti-Sharia ban been in place in these courts, Exxon could not have won its verdict, nor would the wife in Odatalla have been able to enforce her marriage contract. The ban would have stripped those judges of their ability to fully and fairly consider the cases. For litigants in states where such a ban exists, these statutes are an unconstitutional infringement of the people’s freedom of contract, free exercise of religion and right to equal protection.

So, that’s a few things to get you started this morning.  What’s on your reading and blogging list today?