May 2011 archive

You cannot make this up:

Paul Ryan’s PAC slams AARP as ‘left-leaning pressure group’

Rep. Paul Ryan’s (R-Wis.) political group went on the attack Monday against AARP, calling one of the most powerful lobbies a “left-leaning pressure group.”

   Ryan’s Prosperity PAC sought to push back on attacks by AARP against the House Budget Committee chairman’s 2012 budget, specifically its proposed changes to Medicare.

   “Last week, the American Association of Retired Persons (AARP), a left-leaning pressure group with significant business interests in the insurance industry, launched a national ad campaign that intentionally misleads seniors about the Medicare debate,” wrote Pat Shortridge, a senior adviser to Ryan’s PAC, in an email to supporters.

   Ryan’s Medicare proposal has been a particular point of criticism by Democrats and groups on the left, which say that the Medicare plan would significantly revamp the entitlement program to the detriment of seniors. Democrats have homed in their attacks against that part of the Ryan budget, which has sparked some degree of heartburn among Republicans.

   AARP launched ads last week warning against “harmful cuts” to Medicare and Social Security it said Republicans favored.

History repeating itself from 2005]:

Now some people on the right want you to think of gay marriage and Sunni insurgency. The New York Times this morning reported that the lobbyists who brought you the “Swift Boat Veterans for Truth” have been contracted to promote the agenda of USA Next, a conservative lobbying group. To build support, USA Next is portraying AARP – which opposes the White House’s pseudo-plan for privatizing Social Security – as some kind of liberal extremist group.

How’d that 2006 election turn out, Mr. Ryan?

“Boner” tells Wall St. Medicare is still on the agenda to raise the debt ceiling:

In a speech to the Economic Club of New York in Midtown Manhattan, the Ohio Republican is set to reiterate to leading financial executives that he believes that reforming Medicare should be part of negotiations in raising the debt ceiling, saying that there needs to be “an honest conversation,” because the program is on an “unsustainable path if changes are not made,” according to sources familiar with the speech. Boehner also is expected to advocate for immediate cuts rather than deficit and debt targets preferred by some Democrats.

After his talk, Boehner will take questions from two prominent Wall Street players at the intersection of Washington power: Peter G. Peterson, the private-equity giant who worked for President Richard Nixon, and Observatory Group CEO Jane Hartley, who worked for President Jimmy Carter….

Boehner’s public insistence that reforming Medicare stay a part of debt ceiling negotiations could reaffirm a concern among Wall Street types that Republicans are driving a hard bargain on the limit and will take the negotiations up to the last minute. Boehner said last week Congress must now cut trillions, not billions….

Friday evening, in a sign of unity after a disjointed week, GOP leadership, along with Ryan and Camp, released a statement saying “everything must be on the table except increasing taxes.”

Freshmen, who voted en masse for the Ryan budget, largely want entitlement reform dealt with.

President Obama needs to stand up to these threats to the social safety nets and let the GOP send itself into political oblivion. I have my doubts that Obama can do this. I will be shocked, I tell you shocked, if he calls them in this. This is no longer 11 dimensional chess. It’s now a game of straight draw poker.  

Evening Edition is an Open Thread

Now with 60 Top Stories.

1 Rebels drive Kadhafi forces back from Misrata

by Alberto Arce, AFP

16 mins ago

It seems that since Osama bin Laden’s demise that the torture advocates, architects and apologists have come out of hiding and are all over the MSM touting the success of waterboarding.

Top architect and advocate, Dick Cheney, emerged from his undisclosed location to appear on Fox with Chris Wallace touting that waterboarding isn’t torture. I won’t insult our readers with the sickening video of this war criminal. You can view in the article at Think Progress.

. . . former Vice President Dick Cheney stridently defended Bush era torture programs, calling harsh interrogation tactics “the most important steps we took that kept us safe for 7 years.” He also advocated reinstating waterboarding, telling Wallace that enhanced interrogation “worked, and provided absolutely vital pieces of information.”

Cheney resurrected an old GOP talking point in insisting that waterboarding was not torture, despite testimony of people like CIA Director Leon Panetta to the contrary. “It was a good program, it was a legal program, it was not torture,” Cheney maintained.

Many former Bush administration officials have falsely credited torture tactics with leading to the raid on Osama bin Laden, but Cheney went further by insisting that torture was the key policy that has kept the country safe for a decade after the September 11th attacks.

Guest blogger Lawrence Rafferty at law professor Jonathan Turley’s site wrote that despite all the rationalization by these criminals “Torture is still Torture, and it is Still Illegal.”:

This entire week the torture enthusiasts have been back on all of the news channels exclaiming their happiness that their “enhanced interrogation techniques” worked.  Of course, they are talking about waterboarding and other methods of torture. Why are Michael Mukasey, John Yoo and other members of the George W. Bush administration once again declaring that torture is good policy and that it was successful in helping to get Osama Bin Laden?

snip

The Bush Administration officials seem to be attempting to rewrite history by claiming their illegal torture techniques aided in the search for Bin Laden.  In former Attorney Gen. Mukasey and Prof. Yoo’s cases, they are both asserting that torture is effective and that is legal.  That’s right.  According to the Torture Twins, Mukasey and Yoo, they claim that waterboarding is legal.  Although I agree that President Obama has done the country a disservice by not prosecuting the officials who authorized and carried out the torture during the Bush administration, by no means does that inaction make waterboarding legal.  I guess if the Bush apologists keep saying it enough, they hope that Americans will believe them.  Mukasey and Yoo both sold out their souls for their jobs and their President.  I hope they can sleep at night.

Not only should the Obama administration be pursuing the prosecution of CIA officers who did the torture, they should be prosecuting those who gave the orders.

• June 16th, 2009
• August 24th, 2008

Negative Homeowner Equity at New High

By Theresa McCabe, The Street

05/09/11 – 12:09 PM EDT

NEW YORK (TheStreet) — Home prices in the United States dropped 3% in the first quarter of 2011, the largest decrease since 2008 when the housing market experienced its worst performance, and negative homeowner equity hit a new high, according to Zillow’s Real Estate Market Report.

Median home values fell 8.2% year over year to $169,600 and are expected to fall as much as 9% this year as foreclosures spread and unemployment remains high, Zillow Chief Economist Stan Humphries said. The U.S. unemployment rate rose to 9% in April, up from 8.8% in March, the Department of Labor reported earlier this month.

“With accelerating declines during the first quarter, it is unreasonable to expect home values to return to stability by the end of 2011,” Humphries said.

Home prices were down 29.5% from their peak in June 2006. Humphries predicts that prices won’t find a floor until 2012.

Negative equity reached a new high in the first quarter, with 28.4% of U.S. homeowners with mortgages underwater, meaning they owed more than their properties were worth. This was up from 27% in the fourth quarter of 2010.

I’ll point out that The Street is Jim Cramer’s own web site.

“Punting the Pundits” is an Open Thread. It is a selection of editorials and opinions from around the news medium and the internet blogs. The intent is to provide a forum for your reactions and opinions, not just to the opinions presented, but to what ever you find important.

Thanks to ek hornbeck, click on the link and you can access all the past “Punting the Pundits”.

Glen Greenwald: U.S. Tries to Assassinate US Citizen Anwar al-Awlaki

That Barack Obama has continued the essence of the Bush/Cheney Terrorism architecture was once a provocative proposition but is now so self-evident that few dispute it (watch here as arch-neoconservative David Frum — Richard Perle’s co-author for the supreme 2004 neocon treatise — waxes admiringly about Obama’s Terrorism and foreign policies in the Muslim world and specifically its “continuity” with Bush/Cheney).  But one policy where Obama has gone further than Bush/Cheney in terms of unfettered executive authority and radical war powers is the attempt to target American citizens for assassination without a whiff of due process.  As The New York Times put it last April:

   It is extremely rare, if not unprecedented, for an American to be approved for targeted killing, officials said.  A former senior legal official in the administration of George W. Bush said he did not know of any American who was approved for targeted killing under the former president. . . .

That Obama was compiling a hit list of American citizens was first revealed in January of last year when The Washington Post‘s Dana Priest mentioned in passing at the end of a long article that at least four American citizens had been approved for assassinations; several months later, the Obama administration anonymously confirmed to both the NYT and the Post that American-born, U.S. citizen Anwar al-Awlaki was one of the Americans on the hit list.

Ross Douthat: Whose Foreign Policy Is It?

I have never agreed with anything this man has written until now

For those with eyes to see, the daylight between the foreign policies of George W. Bush and Barack Obama has been shrinking ever since the current president took the oath of office. But last week made it official: When the story of America’s post-9/11 wars is written, historians will be obliged to assess the two administrations together, and pass judgment on the Bush-Obama era.

The death of Osama bin Laden, in a raid that operationalized Bush’s famous “dead or alive” dictum, offered the most visible proof of this continuity. But the more important evidence of the Bush-Obama convergence lay elsewhere, in developments from last week that didn’t merit screaming headlines, because they seemed routine rather than remarkable.

One was NATO’s ongoing bombing campaign in Libya, which now barely even pretends to be confined to humanitarian objectives, or to be bound by the letter of the United Nations resolution. Another was Friday’s Predator strike inside Pakistan’s tribal regions, which killed a group of suspected militants while the world’s attention was still fixed on Bin Laden’s final hours. Another was the American missile that just missed killing Anwar al-Awlaki, an American-born cleric who has emerged as a key recruiter for Al Qaeda’s Yemen affiliate.

Imagine, for a moment, that these were George W. Bush’s policies at work.

Monday Business Edition is an Open Thread

Now with 43 Stories.

1 Greece heads for audit after euro exit scare

by John Hadoulis, AFP

Sun May 8, 2:09 pm ET

This is your morning Open Thread. Pour your favorite beverage and review the past and comment on the future.

Find the past “On This Day in History” here.

Click on images to enlarge

May 9 is the 129th day of the year (130th in leap years) in the Gregorian calendar. There are 236 days remaining until the end of the year.

On this day in 1860, James Barrie, creator of Peter Pan, is born in Scotland.

Sir James Matthew Barrie, 1st Baronet, OM (9 May 1860 – 19 June 1937) was a Scottish author and dramatist, best remembered today as the creator of Peter Pan. The child of a family of small-town weavers, he was educated in Scotland. He moved to London, where he developed a career as a novelist and playwright. There he met the Llewelyn Davies boys who inspired him in writing about a baby boy who has magical adventures in Kensington Gardens (included in The ), then to write Peter Pan, or The Boy Who Wouldn’t Grow Up, a “fairy play” about this ageless boy and an ordinary girl named Wendy who have adventures in the fantasy setting of Neverland. This play quickly overshadowed his previous work and although he continued to write successfully, it became his best-known work, credited with popularising the name Wendy, which was very uncommon previously. Barrie unofficially adopted the Davies boys following the deaths of their parents. Before his death, he gave the rights to the Peter Pan works to Great Ormond Street Hospital, which continues to benefit from them.

The classic Peter Pan starring Mary Martin. This is the 1960 version for NBC. Has been very limited in its showing. The DVD is long out of print and expensive to own.

The Unwisdom of Elites

By PAUL KRUGMAN, The New York Times

Published: May 8, 2011

(W)hat we’re experiencing right now is a top-down disaster. The policies that got us into this mess weren’t responses to public demand. They were, with few exceptions, policies championed by small groups of influential people – in many cases, the same people now lecturing the rest of us on the need to get serious. And by trying to shift the blame to the general populace, elites are ducking some much-needed reflection on their own catastrophic mistakes.

…

(I)t was the bad judgment of the elite, not the greediness of the common man, that caused America’s deficit. And much the same is true of the European crisis.

…

Why should we be concerned about the effort to shift the blame for bad policies onto the general public?

One answer is simple accountability. People who advocated budget-busting policies during the Bush years shouldn’t be allowed to pass themselves off as deficit hawks; people who praised Ireland as a role model shouldn’t be giving lectures on responsible government.

But the larger answer, I’d argue, is that by making up stories about our current predicament that absolve the people who put us here there, we cut off any chance to learn from the crisis. We need to place the blame where it belongs, to chasten our policy elites. Otherwise, they’ll do even more damage in the years ahead.

US says it wants access to bin Laden widows

The women could answer questions about how much Pakistan knew

NBC, msnbc.com and news services

The United States wants access to Osama bin Laden’s three widows and any intelligence material its commandos left behind at the al-Qaida leader’s compound, a top American official said in comments broadcast Sunday that could add a fresh sticking point in already frayed ties with Pakistan.

Information from the women, who remained in the house after the commandos killed bin Laden, might answer questions about whether Pakistan harbored the al-Qaida chief as many American officials are speculating. It could also reveal details about the day-to-day life of bin Laden, his actions since the invasion of Afghanistan in 2001 and the inner workings of al-Qaida.

The women, along with several children also picked up from the house, are believed to be in Pakistani army custody. A Pakistani army official declined to comment Sunday on the request, U.S. National Security Adviser Tom Donilon said on NBC’s “Meet the Press.

Crossposted at Daily Kos and Docudharma