October 2013 archive

Now frankly I still think the appropriate historic parallels are Late Imperial Rome and Nazi Germany, but for some reason (I can’t quite figure out why) people object when you point out their irrational worship of all things Obama is nothing more than Führerprinzip and the United States an exceptional example of decadence.

Matt Taibbi gives a more contemporary perspective-

Democrats Must Stop Ted Cruz’s Hollywood Ending

By Matt Taibbi, Rolling Stone

POSTED: October 11, 11:28 AM ET

Having lived in the former Soviet Union for 10 years, I will forever have plastered to the back of my cerebellum the commemorative bumper sticker: “WWSD?”

What Would Stalin Do? It’s a useful question to ask sometimes, because it offers valuable perspective. What would Stalin have done with Britney Spears? Have her declared a People’s Artist of the Soviet Union, with the Leningrad-Murmansk train line named after her. Dan Dierdorf would have been made Secretary of the Sverdlovsk Region. Shepard Smith would probably get to head up the Press Ministry to start, then maybe work his way up to Foreign Affairs. It’s hard not to look at the American cultural landscape and see all sorts of people the old seminarian would really have liked.

But the main reason I’m thinking of this now is the debt ceiling/government shutdown issue. How would Stalin have handled all of this? Reflexively, I can’t help but wonder.

I’m guessing he would have taken Tea Party Sen. Ted Cruz’s caucus members, loaded them onto cattle cars, and relocated them to a piece of woodsy wilderness in Alaska’s Chugach National Forest. Once there, guards would have handed saws and hammers to the esteemed legislators (still dressed in suits and heels – no wasteful government spending on parkas!) and instructed them to build new congressional “branch offices” out of the still-living trees surrounding them. Always conscious of cost, Stalin preferred, whenever possible, to relocate pesky populations to remote deserts and taigas rather than waste bullets liquidating them. Tea Party congresspersons would naturally be one of the first nationalities moved.

Leaders of movements were a different matter. Of those, one had to make very public examples. In this instance, with Cruz and company, Old Koba would likely go the “Kirov’s Assassins” route. First, he’d have someone like Ted Yoho bite an exploding apple during a live CNBC broadcast. Then he’d immediately send Eric Holder out for a massive impromptu press conference in which the White House, furious over the loss of so great a patriot, would announce a sweeping, coast-to-coast search for Yoho’s killers.

Eventually, the chief suspects would be arrested, and they would be everyone you would expect – the Koch Brothers, Rand Paul and of course Cruz himself, who, weeping and begging for forgiveness, would confess in lurid detail to the crime in a live televised trial. He got Michelle Bachmann to design the exploding apple! They conspired to have it delivered on-set by Maria Bartiromo! And they all removed Yoho out of jealousy (he was getting too much ink for out-dumbing the field, saying a default would “bring stability to world markets”)!

Not making any value judgments at all, but that’s what Stalin would do. What is Barack Obama doing? Well, something much less than that. Much, much less, to the point where it’s getting a little weird.  

…

The 2008 crash was triggered by the failure of one investment bank, Lehman Brothers, and when that bank collapsed, the world discovered that it was now so interconnected financially that one significant and unexpected failure could start a nuclear chain-reaction of losses. The Lehman impact stunned everyone. The average American family lost 18 percent of its wealth within months. The stock market lost half its value. The repo market collapsed, freezing economic activity and leading to massive declines in asset prices. Unemployment soared past 10 percent almost instantly.

And that was just one bank failure. Can one imagine the consequences of the failure of the United States? The $12 trillion in outstanding government debt is 23 times bigger than the $517 billion Lehman owed when it went under in September 2008. In every way that Lehman’s failure played havoc with the economy, the failure of U.S. debt would repeat the disaster, only it would do it on an almost inconceivably huger scale.

The entire world financial system revolves around the notion that the U.S. will never default, because under normal, rational circumstances, it can’t. (It can always print enough money to meet its obligations, as even Alan Greenspan conceded two years ago.) Before this latest political madness, no one could ever have conceived of a sovereign state intentionally defaulting. But we’re, like, a week away from this happening, and where’s the emergency mobilization?

I’m not saying that this is the case, but one wonders whether the Democrats have made a miscalculation here, based upon their own narrow, transactional, materialistic view of politics. The Democrats may be sitting back just a little bit, content to let this felicitous political situation develop just a little longer, perhaps (and I have no proof of this) convinced that the other party will come to its senses and stand down at the last minute.

But Cruz and his people are something we never see in Washington – believers.

Obama and his Neoliberals are believers too, and it’s not in democracy.

“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 thea Pundits”.

Follow us on Twitter @StarsHollowGzt

New York Times Editorial Board: The Senate Tries to End the Crisis

The Senate, forced to extinguish the wildfire set by the House, is nearing a deal to reopen the government and end the imminent threat of default by the United States government. Some of the provisions in the deal are troubling, and senators need to ensure that it doesn’t in any way give in to Republican blackmail. If they can do so, the agreement may finally represent a way to end the crisis without encouraging blackmail when the debt ceiling comes up again. [..]

Assuming the Senate reaches a deal on Tuesday, it would only go into effect if Speaker John Boehner allows it to go to a vote in the House. If he continues to cater to the Tea Party wing of his caucus, piling on new demands, the delay could be catastrophic – a “rapidly spreading fatal disease,” as the co-chief executive of Deutsche Bank put it. The time to stop it has arrived.

Dean Baker: Republicans are delusional about US spending and deficits

The story of out-of-control debts and deficits is just plain wrong. US deficits have fallen in the past four years

It is understandable that the public is disgusted with Washington; they have every right to be. At a time when the country continues to suffer from the worst patch of unemployment since the Great Depression, the government is shut down over concerns about the budget deficit. [..]

Going to the wall for something that is incredibly important is a reasonable tactic. However, the public apparently did not agree with the Republicans. Polls show that they overwhelmingly oppose their tactic of shutting down the government and risking default over Obamacare. As a result, the Republicans are now claiming that the dispute is actually over spending.

Anywhere outside of Washington DC and totalitarian states, you don’t get to rewrite history. However, given the national media’s concept of impartiality, they now feel an obligation to accept that the Republicans’ claim that this is a dispute over spending levels.

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.

October 15 is the 288th day of the year (289th in leap years) in the Gregorian calendar. There are 77 days remaining until the end of the year.

On this day in 1815, Napoleon Bonaparte begins his final exile on the Island of St. Helene.

Napoleon Bonaparte (15 August 1769 – 5 May 1821) was a military and political leader of France and Emperor of the French as Napoleon I, whose actions shaped European politics in the early 19th century.

Napoleon was born in Corsica to parents of minor noble Italian ancestry and trained as an artillery officer in mainland France. Bonaparte rose to prominence under the French First Republic and led successful campaigns against the First and Second Coalitions arrayed against France. In 1799, he staged a coup d’etat and installed himself as First Consul; five years later the French Senate proclaimed him emperor. In the first decade of the 19th century, the French Empire under Napoleon engaged in a series of conflicts-the Napoleonic Wars-involving every major European power. After a streak of victories, France secured a dominant position in continental Europe, and Napoleon maintained the French sphere of influence through the formation of extensive alliances and the appointment of friends and family members to rule other European countries as French client states.

The French invasion of Russia in 1812 marked a turning point in Napoleon’s fortunes. His Grande Armee was badly damaged in the campaign and never fully recovered. In 1813, the Sixth Coalition defeated his forces at Leipzig; the following year the Coalition invaded France, forced Napoleon to abdicate and exiled him to the island of Elba. Less than a year later, he escaped Elba and returned to power, but was defeated at the Battle of Waterloo in June 1815. Napoleon spent the last six years of his life in confinement by the British on the island of Saint Helena. An autopsy concluded he died of stomach cancer, though Sten Forshufvud and other scientists have since conjectured he was poisoned with arsenic.

Napoleon’s campaigns are studied at military academies the world over. While considered a tyrant by his opponents, he is also remembered for the establishment of the Napoleonic code, which laid the administrative and judicial foundations for much of Western Europe.

Chris Hayes, the host of MSNBC’s All In, has the most concise and informative summary of the countdown to default.

With days until default, a breakthrough?

With just three days to go until an unprecedented, possible U.S. default, there is some hope at this hour of a deal to re-open the government, raise the debt ceiling, and put an end to the shutdown. Rep. Chris Van Hollen and Rep. Scott Rigell join Chris Hayes to discuss inner dealings and where we’re at the road to re-open the government.

Eeking out a pair of single run victories does not exactly a commanding lead make, but it’s definely better to have held Home Field advantage as you take the show on the road.  Game One was a 13 inning Pitcher’s Duel with Beltran earning his money with a Walk Off RBI Single.  The Dodgers struck first with a pair in their half of the 3rd, the Cardinals evened it up right away.

And then there were 9 more innings.  Fascinating viewing if you like watching people spit sunflower shells while not much is happening.  It isn’t often I’ll conceed the thrilling nature of International Football but by comparison with that yawner it is indeed a beautiful game.

Saturday was a single run affair, but at least the 5th was interesting with a Leadoff Double and a passed ball.  It turned out that was all the margin St. Louis would need.

Tonight we have a pair of Aces facing off.  Adam Wainwright (19 – 9, 2.94 ERA R) is generally thought to be the best pitcher still playing but Hyun-Jin Ryu (14 – 8, 3.00 ERA L) matches up well on paper.  Ryu may have a slight advantage in that he delivers from the left which makes his pick off move to 1st easier.

Win or lose the Cardinals will head back to Busch Stadium while the Dodgers need at least 2 at home to extend this Series.

“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 thea Pundits”.

Follow us on Twitter @StarsHollowGzt

Paul Krugman: The Dixiecrat Solution

So you have this neighbor who has been making your life hell. First he tied you up with a spurious lawsuit; you’re both suffering from huge legal bills. Then he threatened bodily harm to your family. Now, however, he says he’s willing to compromise: He’ll call off the lawsuit, which is to his advantage as well as yours. But in return you must give him your car. Oh, and he’ll stop threatening your family – but only for a week, after which the threats will resume.

Not much of an offer, is it? But here’s the kicker: Your neighbor’s relatives, who have been egging him on, are furious that he didn’t also demand that you kill your dog.

And now you understand the current state of budget negotiations.

Joseph E. Stiglitz: Inequality Is a Choice

American inequality began its upswing 30 years ago, along with tax decreases for the rich and the easing of regulations on the financial sector. That’s no coincidence. It has worsened as we have under-invested in our infrastructure, education and health care systems, and social safety nets. Rising inequality reinforces itself by corroding our political system and our democratic governance.

And Europe seems all too eager to follow America’s bad example. The embrace of austerity, from Britain to Germany, is leading to high unemployment, falling wages and increasing inequality. Officials like Angela Merkel, the newly re-elected German chancellor, and Mario Draghi, president of the European Central Bank, argue that Europe’s problems are a result of a bloated welfare spending. But that line of thinking has only taken Europe into recession (and even depression). That things may have bottomed out – that the recession may be “officially” over – is little comfort to the 27 million out of a job in the E.U. On both sides of the Atlantic, the austerity fanatics say, march on: these are the bitter pills that we need to take to achieve prosperity. But prosperity for whom?

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.

October 14 is the 287th day of the year (288th in leap years) in the Gregorian calendar. There are 78 days remaining until the end of the year.

On this day in 1947, U.S. Air Force Captain Chuck Yeager becomes the first person to fly faster than the speed of sound.

Charles Elwood “Chuck” Yeager (born February 13, 1923) is a retired major general in the United States Air Force and noted test pilot. He was the first pilot to travel faster than sound (1947). Originally retiring as a brigadier general, Yeager was promoted to major general on the Air Force’s retired list 20 years later for his military achievements.

His career began in World War II as a private in the United States Army Air Forces. After serving as an aircraft mechanic, in September 1942 he entered enlisted pilot training and upon graduation was promoted to the rank of flight officer (the World War II USAAF equivalent to warrant officer) and became a P-51 Mustang fighter pilot. After the war he became a test pilot of many kinds of aircraft and rocket planes. Yeager was the first man to break the sound barrier on October 14, 1947, flying the experimental Bell X-1 at Mach 1 at an altitude of 13,700 m (45,000 ft). . . .

Yeager remained in the Air Force after the war, becoming a test pilot at Muroc Army Air Field (now Edwards Air Force Base) and eventually being selected to fly the rocket-powered Bell X-1 in a NACA program to research high-speed flight, after Bell Aircraft test pilot “Slick” Goodlin demanded $150,000 to break the sound “barrier.”  Such was the difficulty in this task that the answer to many of the inherent challenges were along the lines of “Yeager better have paid-up insurance.” Yeager broke the sound barrier on October 14, 1947, flying the experimental X-1 at Mach  1 at an altitude of 45,000 feet (13,700 m). Two nights before the scheduled date for the flight, he broke two ribs while riding a horse. He was so afraid of being removed from the mission that he went to a veterinarian in a nearby town for treatment and told only his wife, as well as friend and fellow project pilot Jack Ridley about it.

On the day of the flight, Yeager was in such pain that he could not seal the airplane’s hatch by himself. Ridley rigged up a device, using the end of a broom handle as an extra lever, to allow Yeager to seal the hatch of the airplane. Yeager’s flight recorded Mach 1.07, however, he was quick to point out that the public paid attention to whole numbers and that the next milestone would be exceeding Mach 2. Yeager’s X-1 is on display at the Smithsonian Institution’s National Air and Space Museum.

About a week ago, the following story caught my eye:

For the first time on record, bicycles have outsold cars in Spain.

 

Higher taxes on fuel and on new cars have prompted cash-strapped Spaniards to opt for two wheels instead of four. Last year, 780,000 bicycles were sold in the country – compared to 700,000 cars. That’s due to a 4 percent jump in bike sales, and a 30 percent drop in sales of new cars.

And this is not primarily about a wave of government policies promoting cycling, or an outbreak of climate activism among the young … its the result of the crisis. As this NPR story concludes:

“We are learning every day, about the crisis. Maybe it’s not changing the things that we thought at the beginning would change – the politicians, the banks, that kind of things. But it’s changing our minds,” says Juan Salenas, another cyclist at the Bici Crítica rally. “We spend less. We try to live with [what we have, and be] more happy. And we try to keep what we have, because maybe we will lose it tomorrow.”

Spain is experiencing a shift in which both conventional and eBike sales are increasing, but as The Economist reports, in Germany, France and the Netherlands, where transport cycling culture is more entrenched, the shift is within bicycle sales:

In the Netherlands one bicycle in six sold is an e-bike. In Germany the cycle industry expects electric-bike sales to grow by 13% this year, to 430,000 (the most sold in any European country), and to account for 15% of the market before long. In France sales of traditional bicycles fell by 9% in 2012 while those of e-bikes grew by 15%.

 

E-bikes are catching on as people move to cities and add concern about pollution and parking to worry over petrol prices and global warming. Frank Jamerson, who produces the Electric Bikes Worldwide Reports, estimates sales at around 34m this year and perhaps 40m in 2015. China buys most of them and makes even more, with European sales of 1.5m in second place.

So, as events in DC have unraveled to the point were the outcome that the Democrats are fighting for is to fund the government at austerity “sequester” levels, this Sunday Train looks at Electric Bikes.

Health-challenged states like Texas and Mississippi refuse to take advantage of a federally subsidized Medicaid expansion.

If statehood was health care, moocher states like Mississippi and Missouri would be rejected as having a preexisting condition.