September 2012 archive

Voting rights have come under attack in the last few years based mostly on the false premise of voter fraud. Civil liberties and private citizen groups have been fighting back with some help from the Federal Government in states that are governed by the 1965 Voting Rights Act that ended “Jim Crow” laws. Recent federal court rulings threw out the voter ID laws in Texas, South Carolina and the District of Columbia.

In Pennsylvania this week, the State Supreme Court handed down a 4 – 2 ruling that returned that state’s controversial voter ID law (pdf) back to the Commonwealth Court for review with these instructions:

Thus, we will return the matter to the Commonwealth Court to make a present assessment of the actual availability of the alternate identification cards on a developed record in light of the experience since the time the cards became available. In this regard, the court is to consider whether the procedures being used for deployment of the cards comport with the requirement of liberal access which the General Assembly attached to the issuance of PennDOT identification cards. If they do not, or if the Commonwealth Court is not still convinced in its predictive judgment that there will be no voter disenfranchisement arising out of the Commonwealth’s implementation of a voter identification requirement for purposes of the upcoming election, that court is obliged to enter a preliminary injunction.

In other words, the state must show that they can get a valid ID in the hands of any eligible voter who wants one between now and the election. If they can’t and , the court believes that voters will be disenfranchised, then the court must issue an injunction enjoining the law.

After all this country went through in the 1960’s to ensure the voting rights of minorities, it seems surreal that we are having a similar battle to protect not only those same minorities but the elderly, the poor, and students.

Those of you that read this regular series know that I am from Hackett, Arkansas, just a mile or so from the Oklahoma border, and just about 10 miles south of the Arkansas River.  It was a rural sort of place that did not particularly appreciate education, and just zoom onto my previous posts to understand a bit about it.

Tonight I did not post a blog, because The Woman and I spent just about all of our waking hours together, until five minutes ago, and it was just then 10:50 PM Eastern.  It was an easy decision.

As much as I love all of my online family, I must confess that spending time with her is much more important to me.  I sincerely hope that no one takes offense at that.  I think that I know most of you well enough to feel that you agree with me about this.

It started out slowly, just talking over the telephone, then she asked me to come and visit.  Of course I did!

Ahoy mateys.  It be Cap’n Hank Bloodbeard hijacking your blog ag’in.  Since the establishin’ of International Talk Like a Pirate Day in 1995, the number of Pirates has increased gratifyin’ly thereby proving the success of our Pastafarian Pirate Recruitin’ Program and confirmin’ the link between increased piracy and declinin’ Global Warmin’.

But wait ye say, Global Warmin’ has gotten worse and Pastafarianism is a made up religion contrived out of equal measures of ennui, ignorance and Rum!

WHY IS THERE NEVER ANY RUM!  Oh, that’s why.

Ye scurvy dog, them be fightin’ wards.  Ye’ll walk the plank. I’ll keelhaul ye.  I’ll see your black hearted soul in Davey Jones Locker (the one ‘e shares w’ Peter Toth).

We used to worry about that too until we took up w’ a crew o’ Freshwater Pirates from the Chicago School who explained that it doesn’t matter how consistently and thoroughly wrong ye are if ye suck up to rich people enough and parrot their prejudices, beat down the po’ folk until morale improves, and kiss their ass long and hard.  Take what ye can, give nothin’ back, yo ho.

Polly want a grant?

E’en on these shores Cap’n Bloodbeard (aside from really enjoyin’ referin’ to hisself in the thard person) be known for ‘is trail of terror and carnage and really bad puns.

• 2007 DocuDharma

• 2008 DocuDharma
• 2008 Daily Kos

• 2010 The Stars Hollow Gazette

• 2011 DocuDharma
• 2011 The Stars Hollow Gazette

I generally celebrate International Talk Like a Pirate Day by telling the 3 Pirate Jokes.  There are only 3, all the others are just variations.  As Cap’n Slappy says:

Thar be only three pirate jokes in the world. The biggest one is the one that ends with someone usin’ “Arrr” in the punchline. Oh, sure, thar be plenty o’ these, but they’re all the same damn joke.

“What’s the pirate movie rated? – Arrr!” “What kind o’ socks does a pirate wear? – Arrrrgyle!” “What’s the problem with the way a pirate speaks? – Arrrrticulation!” …and so forth.

The second joke is the one wear the pirate walks into the bar with a ships wheel attached to the front o’ his trousers. The bartender asks, “What the hell is that ships wheel for?” The pirate says, “I don’t know, but it’s drivin’ me nuts!”

And finally. A little boy is trick or treatin’ on Halloween by himself. He is dressed as a pirate. At one house, a friendly man asks him, “Where are your buccaneers?” The little boy responds, “On either side o’ me ‘buccan’ head!”

And there ye have it. A symposium on pirate humor that’ll last ye a lifetime – so long as life is violent and short.

If ye steer a course to the official website of International Talk Like A Pirate Day, ye may wish to read the FAQ, to help ye splice the mainbrace proper like.  Then ye’ll be ready to talk like a pirate.

Talking like a pirate, however, doesn’t just mean running through the hallways yelling “yarr!” at everyone. To get more in touch with one’s inner pirate, here is a short list of useful terms that may help readers throughout their day of pillaging and searching for buried treasure.

I also spend this day in Worship at Church and emulate the manners, customs, and language o’ me Pirate forbearers (I have the good fortune to be 1/4 full blooded Pirate through my Viking ancestors, indeed Viking is a verb which means ‘Pirate’) and singing some Pirate Carols.

There will come a time when you have a chance to do the right thing.

I love those moments. I like to wave at them as they pass by.

Yes, anything can happen, but with the latest open disdain for 47% of the people in this country by Mitt Romney, it’s looking like a safe bet that the President will be reelected. There’s also more time for Romney to say even more stupid shit. It’s almost like he’s running against himself, so I’m looking past the President”s very likely reelection onto life or death issues.

In this introspection I sadly conclude that there is just not enough differences in this campaign when to comes to the wars and the national security state; none of them will consider rolling it back even though that is what will ultimately make us safer. Destroying the 4th amendment did not make us safer one bit.

What makes us even less safe is the hate bred through what is called the collateral death of innocent civilians that we in this country and our horse race mindset can’t seem to understand. This is not something human beings just get over and why should they? Who are we to tell them to get over it? They literally can’t get over it, and this war is spilling blood in our name as jpmassar outlined the other day in his extremely important diary.

I Know You Don’t Want to Hear It, But We Have Blood On Our Hands. 8 Women Just Killed in Afghanistan

How many times must the cannonballs fly

Before they are forever banned?

“...precision aerial munitions… as well as precision fire from aircraft…”

At least eight women have died in a Nato air strike in Afghanistan’s eastern province of Laghman, local officials say. Nato has conceded that between five and eight civilians died as it targeted insurgents, and offered condolences.

“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”.

Wednesday is Ladies’ Day.

Follow us on Twitter @StarsHollowGzt

Frances Fox Priven: Occupy’s Protest Is Not Over. It Has Barely Begun

A good many observers wonder, is Occupy over? After all, the encampments that announced the movement a year ago have largely disappeared, and no obviously similar protest demonstrations of young people have taken their place, at least not in the United States.

Nevertheless, I think the ready conclusion that the protests have fizzled is based on a misconception of the nature of movements, a misconception influenced by the metaphors we rely on. We think of these eruptions as something like explosions, Fourth of July fireworks perhaps that shoot into the sky, dazzle us for a moment, and then quickly fade away. The metaphor leads us to think of protest movements as bursts of energy and anger that rise in a great arc and then, exhausted, disappear.

In fact, no major American movement of the past fits that description. The great protest movements of history lasted not for a moment but for decades. And they did not expand in the shape of a simple rising arc of popular defiance. Rather, they began in a particular place, sputtered and subsided, only to re-emerge elsewhere in perhaps a different form, influenced by local particularities of circumstance and culture.

Ilyse Hogue: It’s the 1 Percent, Stupid (the Case Against the 47 Percent)

The news of Mitt Romney’s remarks at a closed-door fundraiser that were leaked by Mother Jones has been dominating since it broke yesterday. The scandalous content appears plentiful enough to keep pundits and political junkies glued to Twitter for the remainder of the cycle. And let’s be clear: between Romney’s callous “wait-and see” approach to the Middle East peace process, his instrumental view of Latino voters and his parasitic characterization of those who are too poor to pay income tax, he painted a devastating picture of himself as a leader and a person.

The line from the video that is the source of the most fascination is when Romney claims that he cares not at all for the 47 percent of Americans who pay no income taxes and freeload off the government, since they are sure to be Obama voters anyway. The statement is a window into the cynical and meanspirited worldview that would guide this candidate’s policies and priorities were he to win in November. This alone should give every voter pause, regardless of partisan affiliation.

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.

September 19 is the 262nd day of the year (263rd in leap years) in the Gregorian calendar. There are 103 days remaining until the end of the year.

On this day in 1796, President George Washington’s Farewell Address to the Nation is published.

George Washington’s Farewell Address was written to “The People of the United States” near the end of his second term as President of the United States and before his retirement to Mount Vernon.

Originally published in David Claypoole’s American Daily Advertiser on September 19, 1796 under the title “The Address of General Washington To The People of The United States on his declining of the Presidency of the

United States,” the letter was almost immediately reprinted in newspapers across the country and later in a pamphlet form. The work was later named a “Farewell Address,” as it was Washington’s valedictory after 45 years of service to the new republic, first during the Revolution of the Continental Army and later as the nation’s first president.

The letter was originally prepared in 1792 with the help of James Madison, as Washington prepared to retire following a single term in office. However, he set aside the letter and ran for a second term after his Secretary of the Treasury, Alexander Hamilton, and his Secretary of State, Thomas Jefferson, convinced him that the growing divisions between the newly formed Federalist and Democratic-Republican parties, along with the current state of foreign affairs, would tear the country apart in the absence of his leadership.

Four years later, as his second term came to a close, Washington revisited the letter and with the help of Alexander Hamilton prepared a revision of the original draft to announce his intention to decline a third term in office; to reflect the emerging issues of the American political landscape in 1796; and to parting advice to his fellow Americans, express his support for the government eight years following the adoption of the Constitution; and to defend his administration’s record.

The letter was written by Washington after years of exhaustion due to his advanced age, years of service to his country, the duties of the presidency, and increased attacks by his political opponents. It was published almost two months before the Electoral College cast their votes in the 1796 presidential election.

Crossposted from DocuDharma

A Rare Look at Why The Government Won’t Fight Wall Street

Matt Taibbi, Rolling Stone

September 18, 10:28 AM ET

The great mystery story in American politics these days is why, over the course of two presidential administrations (one from each party), there’s been no serious federal criminal investigation of Wall Street during a period of what appears to be epic corruption. People on the outside have speculated and come up with dozens of possible reasons, some plausible, some tending toward the conspiratorial – but there have been very few who’ve come at the issue from the inside.

…

There are some damning revelations in this book, and overall it’s not a flattering portrait of key Obama administration officials like SEC enforcement chief Robert Khuzami, Department of Justice honchos Eric Holder (who once worked at the same law firm, Covington and Burling, as Connaughton) and Lanny Breuer, and Treasury Secretary Tim Geithner.

…

Connaughton writes about something he calls “The Blob,” a kind of catchall term describing an oozy pile of Hill insiders who are all incestuously interconnected, sometimes by financial or political ties, sometimes by marriage, sometimes by all three. And what Connaughton and Kaufman found is that taking on Wall Street even with the aim of imposing simple, logical fixes often inspired immediate hostile responses from The Blob; you’d never know where it was coming from.

…

when Kaufman tried to advocate for rules that would have prevented naked short-selling, Connaughton was warned by a lobbyist that it would be “bad for my career” if he went after the issue and that “Ted and I looked like deranged conspiracy theorists” for asking if naked short-selling had played a role in the final collapse of Lehman Brothers. Naked short-selling is another controversial practice. Essentially, when you short a stock, you’re supposed to locate shares of that stock before you go out and sell it short. But what hedge funds and banks have discovered is that the rules provide “leeway” – you can go out and sell shares in a stock without actually having it, provided you have a “reasonable belief” that you can locate the shares.

This leads to the obvious possibility of companies creating false supply in a stock by selling shares they don’t have. Without getting too much into the weeds here, there is an obvious solution to the problem, which essentially would be forcing companies to actually locate shares before selling them. In their attempt to change the system, Kaufman and Connaughton discovered that the Depository Trust Clearing Corporation, the massive quasi-private organization that clears most all stock trades in America, had come up with just such a fix on their own.

…

A roundtable to discuss the idea was scheduled by the SEC on September 24, 2009. Of the nine invited participants, “all but one” were for the status quo. Connaughton expected the DTCC representatives to unveil their reform idea, but they didn’t.

The Banker Who’d Cut Social Security and Medicare – and May Become Treasury Secretary

Richard (RJ) Eskow, Huffington Post

09/17/2012 11:08 pm

Before entering public life Bowles was a banker with Morgan Stanley. He now serves on Morgan Stanley’s board, and has done so through a series of that bank’s legal issues. As Dean Baker notes, Bowles was also on the General Motors Board “from June of 2005 until it went into bankruptcy in the spring of 2009,” and “joined the board of Morgan Stanley, the Wall Street investment bank, near the peak of the housing bubble in December of 2005.”

Bowles is also on the Board of Facebook, whose IPO has been the subject of controversy and scandal. (Baker offers a fun, interactive graph of the economic performance of the companies on whose boards Bowles has served. It isn’t pretty.)

…

The Simpson/Bowles proposal is often marketed — falsely — as the product of their deadlocked and failed Presidential Deficit Commission. It claims to be “centrist” because it offers unspecified tax increases as well as cuts — probably by decimating the middle class by eliminating tax deductions for employer health care, dependent children, and home mortgage interest. It also claims “bipartisanship” because Bowles the banker is also Democratic Party insider.

The “Simpson Bowles” austerity cuts to U.S. government spending closely resemble the cuts that have devastated the economies of Europe and Great Britain. Their plan would also cut Medicare and Social Security benefits — while providing drastically lower tax rates for billionaires and millionaires.

When you look at it carefully, Simpson/Bowles only differs from the radical right-wing Republican budget in a few areas, the most important of which is this: While the Republican plan calls for no tax increases at all, the Simpson/Bowles plan says it would offset its billionaire tax cuts. But since they also lower tax rates for billionaires, millionaires and corporations, they’re left to rely like Romney on unspecified loopholes, or “tax expenditures,” which could eviscerate the tax deductions that help the middle class get health insurance and pay their mortgages.

…

Washington insiders scoff at anybody who dares question the sanctity of the “Simpson Bowles” concept. But once you leave Washington, that includes pretty much everybody. About 96 percent of the country’s voters reject their emphasis on deficits as our top priority, according to recent polling. The same poll showed that 37 percent of those polled considered “the economy and jobs” their top priority. That’s nearly ten times as many people.

That tracks closely with other poll results which showed that seventy percent of Americans were either “very uncomfortable” or “somewhat uncomfortable” with the Simpso(n)/ Bowles plan when it was released.

Meanwhile polls show that Medicare is a key issue in three battleground states, with Paul Ryan’s unpopular plan giving Democrats a decided edge on that issue. The selection of Bowles would damage that advantage if it was announced before the election, and would create a sense of betrayal if announced afterwards.

That particular form of right-wing wealth redistribution is what allows Simpson, Bowles, their funders and supporters to keep bragging that their plan is “brave.” If they were really brave they’d admit that they’re offering a right-wing austerity plan, not a “nonpartisan” solution to a long-term issue that’s receiving attention that should be focused on today’s jobs crisis.

Since Romney Raised the Issue of Freeloaders, What Is Erskine Bowles?

Dean Baker, cepr

Tuesday, 18 September 2012 04:42

Mr. Bowles has earned millions of dollars sitting on corporate boards over the last decade. The stock prices of the companies on whose boards he sat have mostly plummeted. Since 2003 the Erskine Bowles stock index has lost more than one third of its value. By comparison, the S&P 500 has risen by more than 50 percent. If Mr. Bowles was trying to serve shareholders, he has not done a very good job.

If people think that this is a private matter, with Mr. Bowles just ripping off shareholders while Governor Romney’s freeloaders are ripping off taxpayers, think again. One of the companies on whose board Mr. Bowles sat, General Motors, went bankrupt with substantial costs to the government. Another, Morgan Stanley, would have gone bankrupt without extraordinary assistance from the Fed and Treasury, which continues to this day in the form of implicit too big to fail insurance.

So, if we want to have a debate about people who freeload on the rest of the country, we should have folks like Erskine Bowles at center stage. Of course he is in a much higher income bracket than the folks who get Social Security or unemployment insurance from the government, but that fact should not be allowed to color the debate.

Most of us already know that tax cuts, especially for the wealthy, do not create jobs nor do they stimulate economic growth. But there are those who are still pushing this unicorn myth. So here are some facts:

One of the first things you notice in the chart is that the American economy was not especially healthy even before the financial crisis began in late 2007. By 2007, remarkably, the economy was already on pace for its slowest decade of growth since World War II. The mediocre economic growth, in turn, brought mediocre job and income growth – and the crisis more than erased those gains.

The defining economic policy of the last decade, of course, was the Bush tax cuts. President George W. Bush and Congress, including Mr. Ryan, passed a large tax cut in 2001, sped up its implementation in 2003 and predicted that prosperity would follow.

The economic growth that actually followed – indeed, the whole history of the last 20 years – offers one of the most serious challenges to modern conservatism. Bill Clinton and the elder George Bush both raised taxes in the early 1990s, and conservatives predicted disaster. Instead, the economy boomed, and incomes grew at their fastest pace since the 1960s. Then came the younger Mr. Bush, the tax cuts, the disappointing expansion and the worst downturn since the Depression.

That was the conclusion from David Leonhardt’s new column today for The New York Times, and it was precisely the finding of a new study from the Congressional Research Service, “Taxes and the Economy: An Economic Analysis of the Top Tax Rates Since 1945” (pdf).

That study concluded that not only did tax cuts for the upper brackets did not stimulate growth, they are associated with increasing income disparity:

    The top income tax rates have changed considerably since the end of World War II. Throughout the late-1940s and 1950s, the top marginal tax rate was typically above 90%; today it is 35%. Additionally, the top capital gains tax rate was 25% in the 1950s and 1960s, 35% in the 1970s; today it is 15%. The average tax rate faced by the top 0.01% of taxpayers was above 40% until the mid-1980s; today it is below 25%. Tax rates affecting taxpayers at the top of the income distribution are currently at their lowest levels since the end of the second World War.

   The results of the analysis suggest that changes over the past 65 years in the top marginal tax rate and the top capital gains tax rate do not appear correlated with economic growth. The reduction in the top tax rates appears to be uncorrelated with saving, investment, and productivity growth. The top tax rates appear to have little or no relation to the size of the economic pie.

   However, the top tax rate reductions appear to be associated with the increasing concentration of income at the top of the income distribution. As measured by IRS data, the share of income accruing to the top 0.1% of U.S. families increased from 4.2% in 1945 to 12.3% by 2007 before falling to 9.2% due to the 2007-2009 recession. At the same time, the average tax rate paid by the top 0.1% fell from over 50% in 1945 to about 25% in 2009. Tax policy could have a relation to how the economic pie is sliced-lower top tax rates may be associated with greater income disparities.

In another study that was cited in an article by tax expert David Cay Johnston, Owen M. Zidar, a graduate economics student at the University of California at Berkeley, and a former staff economist on the White House Council of Economic Advisers for President Obama, looked at which tax cuts did stimulate economic growth:

He reasoned that “if tax cuts for high income earners generate substantial economic activity, then states with a large share of high income taxpayers should grow faster following a tax cut for high income earners.” The data show that tax cuts at the top, though, do not result in faster growth in states with more high-earners.

“Almost all of the stimulative effect of tax cuts,” Zidar found, “results from tax cuts for the bottom 90 percent. A one percent of GDP tax cut for the bottom 90 percent results in 2.7 percentage points of GDP growth over a two-year period. The corresponding estimate for the top 10 percent is 0.13 percentage points and is insignificant statistically.” [..]

That fits with the argument made over the last century by a variety of business leaders – carmaker Henry Ford and retailer Edward Filene among them – that the path to economic growth lies in workers making enough (and having enough after taxes) to buy goods and services.

These facts need to be pounded ad nauseum to Congress and the White House, no matter which party is in charge.

(All emphasis mine)

Crossposted from DocuDharma

I’m actually a great admirer and have been for years.  I freely admit that I’ve adjusted my writing style based on his which I think works much better for Front Page pieces than my 2500 word Jim Blaine homages.

He has a new temporary gig-

Writing Stuff Elsewhere

Atrios, Eschaton

Tuesday, September 18, 2012

Doing a weekly online column for USA Today until the election. I’ll use it to promote some crazy ideas.

Viva Social Security

By Duncan Black, USA Today

Tuesday, September 18, 2012

Instead of considering some exciting new program to try to encourage workers into saving more, another Rube Goldberg incentive contraption designed to nudge individual behavior in the right direction, we should increase the level of retirement benefits in the existing Social Security program.

That sounds like blasphemy because we’ve all been fed the myth that Social Security is bankrupt. It is almost universally accepted in policy circles and in the pundit class that strengthening Social Security involves cutting future benefits relative to what current law promises because according to current projections, Social Security only has the ability to pay promised benefits in full until 2033, and then 75% of them thereafter. The basic thinking is that we must promise to cut benefits now so that we won’t necessarily have to cut them 22 years from now. What?

Imagine if that is how we treated defense spending. Since it appears budgets will be tight in the 2030s, best to mothball all those aircraft carriers today. Who would buy that argument?

…

Social security is only bankrupt to the extent that our political leaders lose the will to invest in a decent retirement for American workers.