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Month: November 2008

Vulgar Randism

by digby

It’s heating up. Get a load of this:

Personally, I tend to bristle at extortion attempts and that is exactly what this amounts to; “buy our lousy cars and subsidize our worthless industry, or you’ll get hurt”. Hey, I’m sure that kind of thing works great at UAW meetings, but it does not work with honest people who earn their money through ingenuity and effort.

Apparently, people who earn their living in manufacturing plants aren’t honest — and they don’t earn their money through ingenuity and effort (like brilliant hedge fund managers.)

I particularly liked this comment:

The Makers are not incompetant and that is a stupid comment. They deserve to fail but frankly that business has been REGULATED AND TAXED TO ITS DEATH BED. No management team can rescue this ship because between the Unions, the EPA, the State Gov.ts and Congress they bled them dry.

The cult of John Galt is stronger than ever.
Here’s one example — Bob Nardelli former CEO of GE, which is like being Business Jesus. Then, despite having no retail experience, he went to Home Depot, where the stock price stayed flat despite a bull market and :

… his $240 million compensation eventually earned the ire of investors. His blunt, critical and autocratic management style turned off employees and the public. While the board strongly stood by him for most of his tenure, questions about his leadership mounted in 2006, and in an ominous portent of the near future, he was the only director present at the annual meeting; he only allowed shareholders to speak for a minute each. When the board reportedly ousted him in January 2007, Nardelli’s severance package was estimated at $210 million.

Naturally, Chrysler immediately hired him.

This is the culture that has brought the economy to the brink — vastly overvalued masters of the universe, swallowing fire hoses of money as they failed up over and over again. And now that the system if finally crushing under the weight of all this profligacy and bad management, the brainwashed conservative Randians are blaming the “parasites” for the failure, just as they’ve been programmed to do.

I don’t believe in banning books or censoring curriculum, but just because Atlas Shrugged is a nauseatingly puerile exercise in hot capitalist fantasy doesn’t mean it doesn’t contain some dangerous and powerful ideas that need to be taken seriously and countered systematically. It’s very bad for our culture for that piece of trash to be so influential. The Randians are donating millions of books to high schools and endowing chairs at universities to sell this pernicious protection racket for the malefactors of great wealth. Far more people have been exposed to this received conservative wisdom than have even a bare knowledge of Karl Marx (or Adam Smith.) It’s not just another bad romance novel.

Interregnum Interruptus

by digby

Krugman brings up something this morning that I was coincidentally chatting about over dinner with a friend last night — what are the ramifications of having the lamest of lame ducks visibly uninterested and engaged at this moment of economic crisis, (not to mention a congress that has time to laud convicted felons in their midst but can’t seem to stick around to deal with this huge problem developing in Detroit?) I vaguely recalled something similar in 1932 but couldn’t remember the details.

Krugman fills in the blanks:

There is, however, another and more disturbing parallel between 2008 and 1932 — namely, the emergence of a power vacuum at the height of the crisis. The interregnum of 1932-1933, the long stretch between the election and the actual transfer of power, was disastrous for the U.S. economy, at least in part because the outgoing administration had no credibility, the incoming administration had no authority and the ideological chasm between the two sides was too great to allow concerted action. And the same thing is happening now. It’s true that the interregnum will be shorter this time: F.D.R. wasn’t inaugurated until March; Barack Obama will move into the White House on Jan. 20. But crises move faster these days. How much can go wrong in the two months before Mr. Obama takes the oath of office? The answer, unfortunately, is: a lot. Consider how much darker the economic picture has grown since the failure of Lehman Brothers, which took place just over two months ago. And the pace of deterioration seems to be accelerating. Most obviously, we’re in the midst of the worst stock market crash since the Great Depression: the Standard & Poor’s 500-stock index has now fallen more than 50 percent from its peak. Other indicators are arguably even more disturbing: unemployment claims are surging, manufacturing production is plunging, interest rates on corporate bonds — which reflect investor fears of default — are soaring, which will almost surely lead to a sharp fall in business spending. The prospects for the economy look much grimmer now than they did as little as a week or two ago. Yet economic policy, rather than responding to the threat, seems to have gone on vacation. In particular, panic has returned to the credit markets, yet no new rescue plan is in sight. On the contrary, Henry Paulson, the Treasury secretary, has announced that he won’t even go back to Congress for the second half of the $700 billion already approved for financial bailouts. And financial aid for the beleaguered auto industry is being stalled by a political standoff. How much should we worry about what looks like two months of policy drift? At minimum, the next two months will inflict serious pain on hundreds of thousands of Americans, who will lose their jobs, their homes, or both. What’s really troubling, however, is the possibility that some of the damage being done right now will be irreversible. I’m concerned, in particular, about the two D’s: deflation and Detroit.

Irreversible things happening over the course of the next two months should scare the hell out of us and yet sometimes I watch what’s happening with the sense that we’re all speaking underwater. Maybe that’s how it always is when you’re in the middle of a complicated, unfolding crisis. But it would certainly be reassuring to know that those who are in charge were putting everything they had into dealing with it. Holding their breath until the new president can take the reins has no actual effect on events.

Guilty Participants

by digby

David Sirota makes note of the media being among those members of the political establishment who pretend to be “innocent bystanders”

As anyone who has read my columns, blog posts or book knows, I have a mild obsession with the Innocent Bystander Fable – the one whereby political actors pretend they have no power or even minor role in the arenas they are elected or hired to participate in. This fable has been most prevalent in the Democratic Party’s posture toward the Iraq War and the bailout – they claim, rather idiotically, they have no power to stop the war or fix the bailout. But now, as I am three-quarters of the way through Newsweek’s 7-part story on the gossip, innuendo and palace dramas behind the presidential campaign, I see that this Innocent Bystander Fable may be just as powerful inside the media itself. If you read the piece, you might have noticed that the Newsweek reporting team is constantly referring to “reporters” and “the press” and “the media” – as if Newsweek reporters aren’t a part (and a leading part) of those things – as if they are innocent bystanders. More broadly, the way they portray it, candidates and political operatives are larger than life heroes or villains who make Big Decisions and Face Consequences, while the media is a herd of lobotomized automatons that are so mindless and innocent and pure, that they cannot be held culpable for anything at all. Indeed, according to Newsweek, the entire political media is an innocent bystander to politics.

We’ve talked about this before, perhaps most famously in terms of the Scooter Libby scandal in which members of the media who were intimately involved with the case, even when they were star witnesses and players, talked about the case as if they knew nothing more than the average dolt catching a few headlines on the way to work. They openly speculated about things they knew to be untrue and kept their public in the dark long after it was known that their sources lied and they had no requirement from the prosecutors to keep quiet. It was a shocking display.

But we are seeing another, even more egregious example of it playing out right now. The press is beside itself concern trolling the Obama administration about how the “Clinton Circus” will ruin him, replete with hand wringing and despair about how unfair it all is. But if it is a circus, it’s because the media make it one.

As Eric Boehlert wrote earlier:

We’ve said it before, but we fear we’re going to have to make this point many more times in the coming weeks. It’s now clear that a portion of the opinion press viewed the historic 2008 campaign through the extremely narrow lens of getting rid of the Clintons; of driving them off the national stage and humiliating the highest profile Democrats of the last 15 years. That’s what the campaign was about for them. Not politics or policy or the future of the country. It was about them not liking the Clintons. The campaign represented some sort of deliverance from them. But now that it’s becoming clear that the new Obama team does not necessarily share that deep-seated disdain, and now that it’s clear that the media’s CDS is not being embraced by a new generation of Democratic Party leaders, some afflicted pundits are very, very angry. What was the point of that election, they demand. On Hardball this week Matthews appeared visibly annoyed at the idea of Clinton becoming Secretary of State. More to the point he was confused about Obama’s overture to her: “Why does he want drama”? Matthews demanded. So far, according to news reports, Obama has made an overture to Clinton about being SOS. In a few days we will likely find out if she accepts. Where exactly is the drama? Answer: The drama, has mostly been man-made, it’s been manufactured, by the press which loves the “soap opera” storyline. There was a great diary posted at Daily Kos recently, about the media’s, and especially cable TV’s, naked attempt to gin up the “drama” surrounding the Clinton story. Not because it’s newsworthy and not because it’s accurate. But because that’s what the Beltway press wants to do. That will be worth keeping in mind in coming days and weeks. UPDATE: We just found this quote that Rich Lowry, editor of National Review, gave during the pimary season [emphasis added]: “The press hates Hillary. There’s a real glee over the prospect of being done with the Clintons.”

Whether or not you love or hate the Clintons this behavior should be upsetting. (I will remind everyone that there was a time when the media loved them some Clinton too — until they turned.) But there is something truly sick about a political system in which the press plays a key role as insiders while pretending to be innocent bystanders — and uses its power to create scandals and gin up controversies about politicians it doesn’t like and then blames the politicians for the terrible coverage.

There are real problems to write about — too many to even begin to truly inform the public about. People really don’t care who Bill Clinton’s foundation took money from to fund HIV and global warming programs. (Where’s the controversy there, anyway? That these bad actors will influence SOS Hillary to start a war so that Bill can fund more AIDs research? I don’t get it.) But, it doesn’t matter. The whole point is for all of them (the greatest lunatic, by far, being the very, very emotionally ill Maureen Dowd) to chatter like a bunch of robotic magpies about the Clintons and then solemnly denounce them for being a distraction . Truly, these people need a 12 step program.

Tone Deaf

by digby

I’m as excited as the next person about the change and hope we can expect in this new epoch, but I do think the national politicians should be a little bit more cognizant of just what jackasses they look like when they do stuff like this during a time of great insecurity and fear among the populace.

I know the impulse to let bygones be bygones is strong among the old boys club. And it’s very hard to see an older guy of 85 get taken down at the end of his life. (I was a softie who thought that Ford should pardon Nixon, so I’m sympathetic. But I learned…)

However, just today the congress decided that they can’t do anything about the auto industry until next year, unemployment is the worst in 16 years, and the stock market completely tanked. And they spend over an hour lauding this convicted felon as a hero on the floor of the Senate?

What were they thinking?

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Back to The Future

by digby

Bill Bennett just said that he thought the new president would have his biggest fights with Henry Waxman and said that he himself would side with the president. That’s very interesting and it tracks with my ongoing observation that village is airbrushing Bush out of history and the last eight years never happened. In fact, they are in the process of disappearing McCain too.

Christopher Hitchens said it directly last night on Larry King:

The Clinton era is over. That’s why we voted for Obama.

Ok.

Actually I completely understand why Hitchens would want to pretend that’s true. After all, he has written some of the most embarrassing garbage it’s possible for any quasi sober person to write over the last eight years. If I were he, I’d want a mulligan too.

Here’s one of my favorites, featuring Hitchens at his most superciliously fatuous:

A War to Be Proud Of

The case for overthrowing Saddam was unimpeachable. Why, then, is the administration tongue-tied?

by Christopher Hitchens

09/05/2005,

THERE IS, first, the problem of humorless and pseudo-legalistic literalism. In Saki’s short story The Lumber Room, the naughty but clever child Nicholas, who has actually placed a frog in his morning bread-and-milk, rejoices in his triumph over the adults who don’t credit this excuse for not eating his healthful dish:

“You said there couldn’t possibly be a frog in my bread-and-milk; there was a frog in my bread-and-milk,” he repeated, with the insistence of a skilled tactician who does not intend to shift from favorable ground.

Childishness is one thing–those of us who grew up on this wonderful Edwardian author were always happy to see the grown-ups and governesses discomfited. But puerility in adults is quite another thing, and considerably less charming. “You said there were WMDs in Iraq and that Saddam had friends in al Qaeda. . . . Blah, blah, pants on fire.” I have had many opportunities to tire of this mantra. It takes ten seconds to intone the said mantra. It would take me, on my most eloquent C-SPAN day, at the very least five minutes to say that Abdul Rahman Yasin, who mixed the chemicals for the World Trade Center attack in 1993, subsequently sought and found refuge in Baghdad; that Dr. Mahdi Obeidi, Saddam’s senior physicist, was able to lead American soldiers to nuclear centrifuge parts and a blueprint for a complete centrifuge (the crown jewel of nuclear physics) buried on the orders of Qusay Hussein; that Saddam’s agents were in Damascus as late as February 2003, negotiating to purchase missiles off the shelf from North Korea; or that Rolf Ekeus, the great Swedish socialist who founded the inspection process in Iraq after 1991, has told me for the record that he was offered a $2 million bribe in a face-to-face meeting with Tariq Aziz. And these eye-catching examples would by no means exhaust my repertoire, or empty my quiver. Yes, it must be admitted that Bush and Blair made a hash of a good case, largely because they preferred to scare people rather than enlighten them or reason with them. Still, the only real strategy of deception has come from those who believe, or pretend, that Saddam Hussein was no problem.

Empty quiver indeed.

After all that, he’s back to clucking hysterically about the “immoral” Clintons just like every other Bush supporter and sophomoric media drone trying to make everyone forget how epically wrong they were during the past eight years.

Sorry, fellas, I don’t think we’re going to be able to let that happen. The political system may not be interested in accountability, so they will live to fight another day. But we do have memory — and they will never be able to get away with disappearing their criminal stupidity.

I’ve lived long enough now that I’ve seen the zombie conservatives rise more than once. They aren’t dead, I guarantee it.

Deep Thinkers

by dday

Just to add to my assessment of the pervasive influence of know-nothing Dominionism on the right, here’s Daniel Henninger, a columnist paid money by the Wall Street Journal, a working writer for a newspaper with an economic focus, blaming the financial crisis on greeters who don’t say “Merry Christmas” at shopping malls:

This year we celebrate the desacralized “holidays” amid what is for many unprecedented economic ruin — fortunes halved, jobs lost, homes foreclosed. People wonder, What happened? One man’s theory: A nation whose people can’t say “Merry Christmas” is a nation capable of ruining its own economy.

One had better explain that.

Yes, one had.

It has been my view that the steady secularizing and insistent effort at dereligioning America has been dangerous. That danger flashed red in the fall into subprime personal behavior by borrowers and bankers, who after all are just people. Northerners and atheists who vilify Southern evangelicals are throwing out nurturers of useful virtue with the bathwater of obnoxious political opinions.

The point for a healthy society of commerce and politics is not that religion saves, but that it keeps most of the players inside the chalk lines. We are erasing the chalk lines.

Feel free: Banish Merry Christmas. Get ready for Mad Max.

Got that, secular progressives? Deregulation, predatory lending and corporate greed had nothing to do with this. It’s you and your atheist friends who are promoting anarchy and the destruction of morals. If there were only crosses on top of Wall Street skyscrapers, the investment bankers and hedge fund managers inside wouldn’t have given in to the temptation of greed. Your 401 (k) might have been saved if you practiced Lent this year.

Thanks a lot, heathens. Good luck heating your home with those Bibles you like to burn.

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Rump

by digby

In a post discussing Paul Krugman’s argument that the congress needs to stop posturing and arrange for a bridge loan until a new administration can take a look at the problem (which seems to have happened), Scarecrow at FDL notes this:

As MSNBC explains, this is also “north versus south” again, in which Jeff Sessions argues that employees in Alabama who don’t have health insurance should not be asked to bail out those with health insurance in Michigan. But what that means is that those with insurance should be forced to fail so that everyone can not have health insurance. Brilliant logic, Jeff.

Actually from Sessions’ point of view, it is. As I touched on the other day, this battle over the Big Three has a strong red state Blue state component, made more acute by the fact that the Republican Party is no almost exclusively a Southern party, with regional priorities and attitudes that are going to increasingly be in conflict with the rest of the country. Not that’s there’s anything exactly new about that, is there?

There has been a lot of yammering about Lincoln and his “team of rivals” (which dday summarily dispatched the other day.) I actually think comparisons to Lincoln are apt, but not in the way people are saying. Perhaps he brought political rivals into his cabinet (with not very much success as it turns out) but he was dealing with a political opposition so intractable that it resulted in civil war. In fact, he failed spectacularly to “bring the country together,” which is the main thing the chatterers expect Obama to do.

There have been times when the country came together in mutual crisis. The great Depression was one, although the south was on board out of economic desperation and based upon a promise that Roosevelt wouldn’t try to act on any kind of civil rights. So, yes, everyone was “together” — except for the black people who were as apart, as always.

Things are different now. After all, Obama is black and the South is not the same place it was then. But it is the political home of one of the two parties once again and that makes it a potential roadblock to progress even so. Southern conservatives (Dixiecans?), acting in concert, can be a powerful force for obstruction. And their character is one of angry, prideful aggression.

Dday referred in his post the other night to Lincoln’s Cooper Union speech, which I have discussed many, many times on this blog in trying to understand the nature of Red State Republicanism. I think that Obama can learn a lot from that speech by recognizing what he’s up against:

The question recurs, what will satisfy them? Simply this: We must not only let them alone, but we must somehow, convince them that we do let them alone. This, we know by experience, is no easy task. We have been so trying to convince them from the very beginning of our organization, but with no success. In all our platforms and speeches we have constantly protested our purpose to let them alone; but this has had no tendency to convince them. Alike unavailing to convince them, is the fact that they have never detected a man of us in any attempt to disturb them.

These natural, and apparently adequate means all failing, what will convince them? This, and this only: cease to call slavery wrong, and join them in calling it right. And this must be done thoroughly – done in acts as well as in words. Silence will not be tolerated – we must place ourselves avowedly with them. Senator Douglas’ new sedition law must be enacted and enforced, suppressing all declarations that slavery is wrong, whether made in politics, in presses, in pulpits, or in private. We must arrest and return their fugitive slaves with greedy pleasure. We must pull down our Free State constitutions. The whole atmosphere must be disinfected from all taint of opposition to slavery, before they will cease to believe that all their troubles proceed from us.

That’s the genesis of the victimization culture we still see today in the American right. “All their troubles proceed from us.” It’s beyond borders and certainly not confined to southern conservatives, but this is where it all began.

During the darkest days of Republican dominance I wrote this:

Lincoln had a keen understanding of the problem and he logically framed it in moral terms regarding the subject at hand, slavery. As it turns out this was not simply about slavery. It was about a deep and abiding tribal divide in the country that was originally defined by slavery but metatisized into something far beyond it, even then. Southern “exceptionalism” was always justified by its culture, which was assumed to be unique and unprecedented.

You can apply Lincoln’s arguments to any number of current issues and come out the same. There is an incoherence of principle that we see in every section of the republican party, the willingness to call to State’s Rights (their old rallying cry) when it suits them and a complete abdication of the principle once they hold federal power — while still insisting that they believe in limited government! They blatantly misconstrue the plain meaning of long standing constitutional principles and federal policies (such as Brit Hume’s abject intellectual whorishness in the matter of FDR’s beliefs about social security privatization) and show irrational, rabid anger at any disagreement. They see Democrats as “traitors” fighting for the other side, just as the Southerners of the 1850’s accused the “Black Republicans” of fomenting slave revolts. They brook no compromise and instead repay those who would reach out to them with furious perfidy unless they show absolute fealty to every facet of the program. It is loyalty to “the cause”, however it is defined and however it changes in principle from day to day, that matters.

Now, before everyone gets furious with me, let me make clear that I am not talking about southerners in general — I’m talking about southern conservatives, who are now the nearly exclusive demographic of the national Republican party. Obviously, there are many liberal southerners fighting the good fight, electing progressives where they can. But they are in the minority. This thesis is about conservative political power and there is no denying that the Republican rump is clustered in the south.

The point of all this is that the Republican party being a Southern party is both good and bad news. It means they are not a majority, which is the good. But it also means that it is far more conservative and consumed with a sense of its own victimization at the hands of the rest of the country. That makes them dangerous, even in their relative weakness. Democrats had best pay heed and be a little bit less concerned about their rivals and more concerned about their enemies. Losing the last of their moderating regional and ideological ballast leaves them with nothing but a 250 year old chip on their shoulders and they have quite a vivid history of acting in very destructive ways toward the nation as a whole.

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OMG! I’m so shure!

by digby

Is CNN justice correspondent Kelli Arena angling to become the new Rachel Ray? What the hell is wrong with her? She breathlessly announced the judge’s decision to release five Gitmo prisoners today like she was telling her girlfriends all about her date last Friday night.

CNN host: How many are being held now at Guantanamo Bay and will they all get an opportunity to challenge

Arena: If they choose to … Now, a guy like Sheik Khalid Mohammed,who’s sitting over at Gitmo said, “Yes! I’m a member of al Queda,and I wanna be put to death”, so is he gonna make a habeas corpus challenge? Prolly not. But there are 250 guys still at Guantanamo Bay. There are hundreds o’ cases pending. But, you know, it’s not like these guys are gonna leave today. The government is gonna appeal this decision. But this is what the government did not want! They said, “these guys are enemy combatants” and the judge said “didn’t work fer me!I don’t see the evidence, you gotta let em go!”

She appeared to have just downed half dozen shots of espresso.

I’ve noticed that Rick Sanchez is doing something similar. I think it’s part of the Palinization of the culture — apparently broadcasters think people don’t feel comfortable with anyone who seems smarter than your average 15 year old cheerleader.

Chairman Waxman

by dday

I guess Henry Waxman, a key ally to Nancy Pelosi, wouldn’t have made the move to unseat John Dingell if he didn’t count the votes.

Rep. Henry Waxman (Calif.) has ousted Energy and Commerce Chairman John Dingell (Mich.), as Democratic lawmakers voted 137-122 Thursday morning to hand the gavel of the powerhouse panel to its second-ranking member.

This, more than anything, could be the biggest change in the federal government in 2009 and beyond. Waxman’s Safe Climate Act sets the targets needed to mitigate the worst effects of global warming. It now becomes the working document in the House for anti-global warming legislation. And his constituency doesn’t include a major polluting industry.

From a policy standpoint, it’s a major progressive victory.

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Number One Fan

by digby

Cokie’s been hanging out down at the beauty parlor again and has some insights for us:

According to veteran TV newswoman Cokie Roberts, Americans should get ready for a whole lot more of Alaska’s Republican Gov. Sarah Palin.

Speaking to the Greater Boston Chamber of Commerce Tuesday, the veteran ABC and NPR reporter and commentator said, “There’s more of Sarah Palin in our future.”

Roberts, herself the daughter of two successful Democratic politicians, suggested, in fact, that the 44-year-old mother of five and unsuccessful Republican vice presidential candidate could be “the white Oprah” in the near future.

“The camera loves her,” added Roberts. “She is very determined to get back to where she was.”

A best-selling author, Emmy Award-winning journalist and regular commentator on ABC’s “This Week,” Roberts said Palin feels “she was vastly disserved by the McCain campaign and I agree with her.”

Palin is the great white (H)oprah. Man is that ever fitting.