A federal law enforcement official says that a federal judge was fatally shot in the attack on Rep. Gabrielle Giffords of Arizona.
UPDATE 3: CNN is showing a Hospital News Conference. Speaker says Congresswoman Giffords is out of surgery – in critical condition – and he is as optimistic as you can get about her chances for recovery.
10 patients were brought into the hospital. 1 dead (a child), 5 in critical condition, 5 in surgery [I don’t know how those numbers work out]
This report did not mention the judge or any other adult deaths.
Of course, Palin isn’t the only person who opposes the health care reform act and has called for voters to oust representatives. Let’s not forget that Glenn Beck has a habit of provoking his listeners as well. If Giffords was shot because of something Beck or others have said, we need to immediately call attention to how dangerous it is to be popping off at the mouth without considering the consequences to other people’s physical well being.
A congresswoman from Arizona was shot on Saturday along with several others during at public event at a grocery store in Tuscon, according to her spokesman, C.J. Karamargin. The Tucson Citizen reported that Ms. Giffords had been shot at close range in the head.
Representative Giffords is a pro-choice, pro-gun control Democrat from the Tucson area of Arizona. Â She also voted for the stimulus package. It seems clear that she was the target of the shooting even though others were also injured. Â I would hate to think that a constituent did this.
Good thoughts to Giffords and her family. Â It sounds like she will need all the help she can get.
I’m baaaaack! Â It’s been a very busy week here in the surburban jungle of New Jersey as well as being snowy and gloomy and cold. Â But next week, I’m in Sandy Eggo for a conference. Â The extended forecast looks good. Â Temps in the 60’s seem positively balmy. Â I might even ditch my jacket.
But first, I wanted to go over a little something I read in The Atlantic article on The Rise of the Global Elite. Â These guys have chutzpah. Â Now, before we go any further, there’s nothing wrong with striking it rich. Â If you have a good idea and you can make oodles of money off of it, go for it. Â But if you do it here in America, you need to remember that Americans made it possible. Â All of those people who pay taxes to make sure that there are standards and infrastructure and a well-educated workforce and a “classless” society that means you don’t have to kiss some poobah’s ass or spend the rest of your life as a downstairs maid even if you have the secret to the next killer app, made it relatively easy for you.
So, I was particularly apalled to read this:
The good newsâand the bad newsâfor America is that the nationâs own super-elite is rapidly adjusting to this more global perspective. The U.S.-based CEO of one of the worldâs largest hedge funds told me that his firmâs investment committee often discusses the question of who wins and who loses in todayâs economy. In a recent internal debate, he said, one of his senior colleagues had argued that the hollowing-out of the American middle class didnât really matter. âHis point was that if the transformation of the world economy lifts four people in China and India out of poverty and into the middle class, and meanwhile means one American drops out of the middle class, thatâs not such a bad trade,â the CEO recalled.
I heard a similar sentiment from the Taiwanese-born, 30-something CFO of a U.S. Internet company. A gentle, unpretentious man who went from public school to Harvard, heâs nonetheless not terribly sympathetic to the complaints of the American middle class. âWe demand a higher paycheck than the rest of the world,â he told me. âSo if youâre going to demand 10 times the paycheck, you need to deliver 10 times the value. It sounds harsh, but maybe people in the middle class need to decide to take a pay cut.â
Really? Â What planet is this guy on anyway? Â Does he know that when the typical American starts working, he/she gets a measly 2 weeks of vacation- prorated? Â Two frickin’ weeks. Â You have to work 5 years before you get that measly third week. Â I work for an international company and even though our European cousins work differently and are always on task when they are at work, I have slowly come to the realization that they are not more productive than Americans. Â But for some reason, Mr. Taiwanese Born Rich Guy isn’t picking on them and their 2 months of vacation a year and nice life affirming salaries or the fact that many European workers are covered by unions that make it nearly impossible to lay them off, even if the work goes elsewhere and there’s nothing for them to do. Â They still get paid and no one is asking them to give up their middle class lifestyles. Â Only Americans are. Â If anything, Mr. Taiwanese Born Global Elite’s comment says more about Americans’ vulnerability to Reaganesque ‘rugged individualism’ messaging and failure to protect themselves.
Personally, I think workers need a bit of stress in their environments to keep them pushing forward and to prevent them from sliding into inertia. Â But the stress levels of the American worker “goes up to 11” these days. Â We are very, very busy. Â Eight hour days are a thing of the past. Â There are fewer of us doing the work of more people. Â If we could be there 24/7, which the middle level MBA beancounters seem to want these days, maybe we could catch up. Â So, just how much *MORE* work would be acceptable to these people? Â 10X harder is physically and mentally impossible. Â That’s not to say that there aren’t slackers who always seem to evade the lay off ax (and if anyone wants names…), but my experience, and those of my friends and former colleagues is that you can be extremely good at what you do and work your skinny little ass off and *still* get laid off. Â The MBAs who make these decisions rarely look further than the next quarterly earnings. Â Meanwhile, the outsourcing scheme doesn’t always work out so well and adds to the work of the people left behind in the states.
The problem is not that Americans don’t work hard enough or get paid too much. Â If anything, wages have been pretty much stagnant since the 70’s, when adjusted for inflation. Â Anyone who doubts that should see Elizabeth Warren’s youtube lecture on the collapse of the middle class where the result of the clamp down on wages is displayed in all of its miserly, stingy, mean spirited glory. Â Many of us are one paycheck from insolvency, even with both parents working. Â How much more of our paychecks should we sacrifice to make Mr Taiwanese Born Global Elite happy? Â The problem is that our global overlords have no appreciation for the work that is done. Â Or that in the case of those who have made money from technology, the body of knowledge is added to painstakingly over time by thousands of people until some young nerdy asshole comes along, reads the right papers or documentation, and makes some breakthrough discovery. Â Maybe they need to sit down for an afternoon of James Burke’s Connections.
The point is, these people are sitting on top of pyramids, not just economically but in every other sense as well. Â Under them are millions and millions of people both present and past who have made it possible for the global elite to have a Eureka! moment and cash in big. Â That flash of insight could happen to any of us but it *won’t* happen nearly as frequently in the future if the global elite forget from whence they came. Â It takes infrastructure, open and flatter societies, and communication with people who have crucial information. Â That last part is something different that what Julian Assange envisions. Â Innovation is much harder to do when information is locked down by entities protecting their data. Â Information is power but proprietary information can be constipating. Â So, what I’m getting from The Atlantic article is not that the global elite are critical of how much Americans are producing. Â It’s that they are too wrapped up in themselves to understand that they are killing the global goose by cornering the market for themselves. Â If they were really concerned that Americans were not producing enough, they might be more diligent about making sure that we have the broadband speed of Korea and not Romania.
But that would mean paying more in taxes and being accountable to their country and acting like citizens and we have seen that they are not willing to do any of those things. Â So, we must conclude that they aren’t really serious about what they perceive to be Americans parasitical attachment to eating three squares a day and keeping a roof over their heads. Â They just want it all for themselves. Â Where’s that Malthusian catastrophe when you need one?
Moving on:
Also in The Atlantic, James Fallows is still concerned with the optics of Juan Williams firing from NPR. Â For the record, I’m not at all concerned. Â I was a long time listener to NPR, which *used* to have a very high reputation for quality journalism. Â When Juan came on board, I noticed a distinct turn to more of the “he said/she said, we must present all sides of the story equally” type of journalism that I loathed in other media outlets. Â I got so sick of listening to it that I stopped listening altogether and don’t donate anymore. Â Yep, there probably are PC police at NPR whose minds are so wide open their brains have fallen out but, oddly enough, Ellen Weiss had retained enough gray matter to do the right thing in Juan’s case. Â Williams has totally shown his colors. Â He fits right in at Fox where pandering for profit is de rigeur. Â Fallows can stop wringing his hands. Â Maybe The Atlantic readers were sympathetic to Williams but there were a lot of former NPR listeners around here who were more than happy to see him go. Â Fallows needs to get out and mingle more with people with higher standards.
In medicine, those of you parents out there who have decided not to vaccinate your children against measles, mumps and rubella can stop worrying unnecessarily. The whole scare was an elaborate fraud perpetrated by an unethical doctor in England who was being paid by a lawfirm to drum up business.
A 1998 study, that linked the MMR vaccine to autism, has been found to be false.
The investigation published in the British Medical Journal by Brian Deer lays out in detail, how the paper published in 1998 by British surgeon Andrew Wakefield, linking the measles, mumps and rubella vaccine to autism was a deliberate fraud.
According to the investigation, a law firm that hoped to sue the vaccine manufacturers hired Wakefield. The law firm wanted Wakefield to provide scientific evidence that vaccines caused autism. Wakefield received roughly $750,000 for his efforts.
[…]
The analysis found that despite the claim in Wakefieldâs paper that the 12 children studied were normal until they had the MMR shot, that in fact, the childrenâs medical records show that some clearly had symptoms of developmental problems long before getting their shots, BMJ says. Several had no autism diagnosis at all.
I read the BMJ articles (you may need a subscription) and the whole scam is a doozy. Â Nothing but lies and falsified documents from the very beginning. Â Some of the children profiled had development issues noticed months before the vaccination and at least one had a genetic defect that caused facial deformities that were recorded by pediatricians shortly after birth.
(For those of you who still cling to the notion that vaccinating your children is inherently dangerous, give it up already. Â There’s not one single argument against innoculation that isn’t full of holes, from the autism link to the thimerosol thing to the “vaccine makers are trying to make money”.)
But, hey, where there’s money to be made, it’s OK to panic the developed world’s parents to stop innoculating their kids, put other kids at risk and break down herd immunity exposing adults to chicken pox, mumps and whooping cough. Â It wasn’t personal. Â It was only business. Way to go.
The village mayor, Pierre Sourdain, a farmer, says he liked Robert and Joanne Hall very much. All the villagers say the same: they were impressive, charming, self-possessed. (Saying that, the people in the village speak no English and Robert Hall â despite living here for 10 years â never learned French.) For years the Halls had been trying to get an ambitious golf project off the ground. They wanted to turn the chateau into an 18-hole golf resort with holiday cottages. That’s presumably what the file resting on the chair was all about, Mayor Sourdain says.
“It would have happened, too,” he says. “They would have made it happen. That’s the kind of man Robert Hall was.” He pauses and says, wistfully, “It would have been so good for the region.” There’s a short silence. Then he says, less confidently, “I’m sure it would have happened.”
On the evening of 4 September, Sourdain got a call from the gendarmes â something had happened at the château. It is a French custom for the gendarmes to call the mayor, as the representative of the people, to the scene of a crime or a terrible accident. He arrived to see the oldest son, Christopher, 22, with the gendarmes as they stood in protective suits breaking up a big block of concrete. Robert Hall was inside the house, crying.
[…]
Robert Hall had told the gendarmes that 24Â hours earlier he’d had a drunken argument with Joanne during which she accidently fell, hit her head, and died. Then, during the hours that followed, he set her body on fire, put her remains into a builder’s bag, poured in concrete and hauled it on to the back of a lorry. All this happened behind the house, near the back gate, next to a row of half-built holiday cottages.
[…]
Catherine Denis, from the prosecutor’s office in Rennes, told a press conference later that week that when the gendarmes asked Robert why he burned Joanne’s body and encased her remains in concrete, he explained that she’d always said she wanted to be cremated and laid to rest in a mausoleum and he was simply respecting her wishes, albeit in a somewhat informal way.
The BFF is siding with the husband and says he was only carrying out his wife’s wishes, er, should she ever fall and die accidentally. Â Something to think about when you write that prenup.
Just posted on Twitter, video of a girl arrested at a Metro station. Â It’s hard to tell what it is that she did that provoked this kind of response. Â It looks like she had an argument with a cop, he told her to leave, she said something rude as she turned around to go and he tackled her. Â I gotta say that it looks very bad when a big strong guy is pinning a girl to the ground and her dress is hiked up above her pants and she’s struggling in vain to cover her butt and all the asshole dude can say is “Stop resisting”. Â It is apparently now a crime to try to preserve your modesty.
And now for something completely different:
Bohemian Rhapsody for Four Violins. Â (The global elite dudes would probably argue that the chinese can do this with half a violinist)
Just as House Republicans gear up to repeal the âjob killingâ Affordable Care Act, the Department of Labor is reporting that the U.S. economy added 103,000 jobs last month, pushing the jobless rate down to a 19-month low of 9.4 percent.
In fact, since President Obama signed health reform into law on March 23, 2010, the economy has created approximately a total of 1.1 million new jobs in the private sector. One-fifth of the new jobs â over 200,000 â have been in the health care industry.
Here is the report of Harvard economist David M. Cutler
Any proposal that adds $200 billion to our medical spending after a decade will have enormous economic implications. The employment impacts of health care repeal will be particularly severe because many of these costs will fall on businesses. As weâve already seen, employers facing higher health costs will hire fewer people, lay workers off, and pay lower wages.
To estimate these employment impacts, I followed the methodology of myself and Neeraj Sood.13 That paper took estimates of the medical spending change associated with health reform and combined that with the econometric model of Sood, Arkadipta Ghosh, and JosĂŠ Escarce that estimated the employment impacts of changes in medical costs. I use the model to estimate the employment impact of repealing reform.
Figure 3 shows the net impact of repealing health reform on total employment. The baseline estimates show that 250,000 jobs will be lost annually if health reform is repealed. Annual job losses would average 400,000 using the greater estimate of 1.5 percentage point cost increases annually resulting from repeal. Figure 4 shows the estimated employment change by industry in 2016 (omitting health care, which will have more employment). More than 200,000 jobs will be lost in manufacturing and nearly 900,000 jobs will be lost in nonhealth care services.
I’m no bean counter but I got a few problems with this story. First of all, what kind of jobs are these 200,000 new jobs in the health care industry? Are they doctors and nurses? Or are they paper-pushers who process health insurance claims? Seems to me we’ve had a chronic shortage of nurses for decades and I haven’t heard of any problem with unemployed doctors.
The second problem I have is the assumption that higher health care costs will cause employers to hire fewer people. It seems to me that a more likely response would be for employers to stop providing health insurance. I’m not saying that would be a good thing, I’m just questioning the assumption upon which Cutler’s numbers are based.
I believe that Obamacare is a bad program. Not only that but it’s politically unpopular now and that will only get worse. Worst of all, it’s a Republican plan that the Democrats will be blamed for enacting.
We’re seeing a lot of conflicting claims right now about what effect repealing Obamacare would have on the federal budget. Democrats are claiming that Obamacare will reduce the deficit by $230 billion while Republicans are claiming that repealing it would reduce government spending by $540 billion.
CBO and the staff of the Joint Committee on Taxation (JCT) have not yet developed a detailed estimate of the budgetary impact of H.R. 2, the Repealing the Job-Killing Health Care Law Act, which would repeal the major health care legislation enacted in March 2010. Yesterday, we released a preliminary analysis of that legislation indicating that, over the 2012-2021 period, the effect of enacting H.R. 2 on the federal budget as a result of changes in direct spending and revenues is likely to be an increase in deficits in the vicinity of $230 billion, plus or minus the effects of forthcoming technical and economic changes to CBOâs and JCTâs projections for that period.
We have been asked to provide the revenue and direct spending components of that total. Extrapolating the estimated budgetary effects of the original health care legislation and accounting for the effects of subsequent legislation, CBO anticipates that enacting H.R. 2 would probably yield, for the 2012-2021 period, a reduction in revenues in the neighborhood of $770 billion and a reduction in outlays in the vicinity of $540 billion, plus or minus the effects of forthcoming technical and economic changes to CBOâs and JCTâs projections.
A recent Gallup poll shows that 46 percent of the country wants to repeal Obamacare and 40 percent say they want to keep it. Calling the general public stupid is a really popular pastime in the blogosphere but how are voters supposed to make informed choices if neither side will be completely honest?
Here at The Confluence we take pride in being Independent Liberals. We don’t feel any need to defend or support any party. We deal with the truth, even when it’s inconvenient. We’re not always right but we don’t fudge numbers or spin facts.
Confident that he’d have a chance to win, Rudy Giuliani is rounding up his top political advisers for a possible 2012 presidential run, sources tell Page Six.
Sources say the tough-talking former mayor “thinks the Republican race will be populated with far-right candidates like Mitt Romney, Sarah Palin and Mike Huckabee, and there’s opportunity for a moderate candidate with a background in national security.”
Giuliani has even scheduled a trip to New Hampshire for next month to meet with constituents in the state that failed him in January 2008, when he placed fourth in the Republican presidential primary.
Those of you who were paying attention to the GOP pre-primaries back in 2007 will recall that the media loved them some Rudy G. (Ru-dy! Ru-dy!) He was right up there with Mittens and Grandpa Fred as the GOP frontrunners. Then the voting started.
Former Mass. Gov. Mitt Romney holds a commanding lead in New Hampshire in the early stages of the race for the 2012 Republican Presidential nomination, according to a new survey commissioned by NH Journal and conducted by Magellan Strategies. The survey is the first statewide survey of Granite State Republicans and Republican-leaning independents in 2011.
Romney leads former Alaska Gov. Sarah Palin by 23 points, with Romney earning 39% and Palin earning 16%. Mike Huckabee (10%), Newt Gingrich (8%), Texas Congressman Ron Paul (7%), former MN Gov. Tim Pawlenty (4%), Rick Santorum (3%) and MS Gov. Haley Barbour (1%) all trail significantly behind. Romney finished second to Sen. John McCain in the 2008 New Hampshire Republican Presidential primary.
Apparently they called up all 1,500 voters in New Hamster and asked them their opinion. 49 of them weren’t home so they are basing the results on the 1451 who answered the phone.
We really have to quit letting a few hicks in the sticks decide which candidates the rest of the country gets to choose from.
God’s mind was behind complex scientific theories such as the Big Bang, and Christians should reject the idea that the universe came into being by accident, Pope Benedict said on Thursday.
“The universe is not the result of chance, as some would want to make us believe,” Benedict said on the day Christians mark the Epiphany, the day the Bible says the three kings reached the site where Jesus was born by following a star.
“Contemplating it (the universe) we are invited to read something profound into it: the wisdom of the creator, the inexhaustible creativity of God,” he said in a sermon to some 10,000 people in St Peter’s Basilica on the feast day.
While the pope has spoken before about evolution, he has rarely delved back in time to discuss specific concepts such as the Big Bang, which scientists believe led to the formation of the universe some 13.7 billion years ago.
Researchers at CERN, the nuclear research center in Geneva, have been smashing protons together at near the speed of light to simulate conditions that they believe brought into existence the primordial universe from which stars, planets and life on earth — and perhaps elsewhere — eventually emerged.
Some atheists say science can prove that God does not exist, but Benedict said that some scientific theories were “mind limiting” because “they only arrive at a certain point … and do not manage to explain the ultimate sense of reality …”
He said scientific theories on the origin and development of the universe and humans, while not in conflict with faith, left many questions unanswered.
“In the beauty of the world, in its mystery, in its greatness and in its rationality … we can only let ourselves be guided toward God, creator of heaven and earth,” he said.
Benedict and his predecessor John Paul have been trying to shed the Church’s image of being anti-science, a label that stuck when it condemned Galileo for teaching that the earth revolves around the sun, challenging the words of the Bible.
Galileo was rehabilitated and the Church now also accepts evolution as a scientific theory and sees no reason why God could not have used a natural evolutionary process in the forming of the human species.
The Catholic Church no longer teaches creationism — the belief that God created the world in six days as described in the Bible — and says that the account in the book of Genesis is an allegory for the way God created the world.
I’m not an atheist. I can accept the idea that (insert name of deity here) created the universe. I just don’t think any of the current religions have a clue about the true nature of (insert name of deity here).
I wondered yesterday whether Robert Gibbs jumped or was pushed and noted that President Barack Obamaâs words indicated that it was ânot an entirely voluntary departureâ.
Itâs being reported by John King on CNN right now that Gibbs wanted to be a presidential counsellor â something heâs been putting about for quite a while â but William Daley, the new chief of staff, nixed this because he believed that too many cooks would spoil the presidential broth. So thatâs why Gibbs is out.
Additionally, King reports that Valerie Jarrett, whose sole qualification to being a senior counsellor seems to be that sheâs a long-time Chicago buddy of Barack and Michelle Obama, will have her wings clipped. Daley, not Jarrett, will be the person speaking to the business community.
Itâs no secret that Rahm Emanuel, a Daley protege, clashed with Jarrett. Or that David Plouffe, about to join the White House, was often at odds with her when he was the 2008 Obama campaign manager. Obama is nothing if not ruthless. He dropped Jane Dystel, the agent who approached him to write âDreams from my Fatherâ, and has previously cut loose long-time advisers. One aide described him as âthe most unsentimental man Iâve ever metâ.
It’s already crowded under this bus. They need to get their own.
Okay, that’s it for now. Anything else we should talk about? This is an open thread.
Two Republicans, including a member of the GOP leadership, voted on the House floor several times despite not having been sworn in, throwing the House into parliamentary turmoil Thursday â the same day the Constitution was read aloud on the floor.
Rep. Pete Sessions (R-Texas) chairman of the National Republican Congressional Committee, and Rep. Mike Fitzpatrick (R-Pa.) missed the mass swearing-in ceremony on the House floor Wednesday but proceeded to cast a series of votes. Sessions, appointed to the Rules Committee, participated in some committee activities, and that panel was forced, at the suggestion of House parliamentarians, to suspend consideration of a rule for the repeal of last yearâs health care overhaul until the matter was resolved.
Some Democrats are trying to make a mountain out of a molehill over this but while embarrassing it’s hardly a constitutional crises.
Now that Daley has been picked, there will be a fair amount of commentary to the effect that Obama has wisely received this message and is in the midst of a course correction. But here’s the thing: Daley is wrong. Obama didn’t govern from the “left.” And as it happens, he did govern from the “center left.”
This has all been argued already at length by others, but here goes. Obama’s approach to the crises he inherited were by any sane measure mostly moderate and reasonable. The stimulus was smaller and less ambitious than most liberals wanted. The health care plan he adopted jettisoned the most liberal elements and embraced solutions once championed by Republicans. The Wall Street reform bill was the most sweeping overhaul of financial regulations in generations, but as observers across the spectrum have noted, it wasn’t fundamentally transformative. Obama is winding down the Iraq War, but he escalated in Afghanistan. And he has embraced some controversial Bush policies on civil liberties and terrorism. And so on.
Despite all this, Republicans and conservatives have uniformly condemned the Obama administration as in the grip of unrepentant leftism run amok. Yet what’s actually happened is that in so doing, Republicans have moved to the right, and we’ve all agreed to move what we arbitrarily call the “center” to the right in order to accomodate this.
The pick of Daley, however, will reinforce the conventional narrative that Obama has recognized the error of his ultraliberal ways and has picked a “seasoned Beltway hand” to steer the adminstration back to the center. Obviously this is only one of many things to consider about the Daley pick, and there may be many other good reasons to pick him that outweigh this problem.
But in interpreting the Daley pick, many commentators will be pointing to Daley’s interpretation of the first two years as if it’s, well, true. They’ll assert that Obama has internalized it. And maybe the President has internalized the Daley interpretation of his young presidency. But that doesn’t mean it has anything to do with what actually happened.
Obama did not govern from the “center-left.” With the exception of a few bones tossed to the left he governed from the right. Now he’ll move even farther right.
Just remember, only 2 years and 13 days left before the end of the error.
Or maybe not:
Get Used To It
It could be six years before liberals can accomplish anything.
[…]
Thereâs only one problem with this scenario: the time-frame. Politicos and pundits are used to thinking in two-year cycles, and itâs easy to convince oneself that, in 2012, Obama will be able to capitalize on an improved economy, favorable voter-turnout patterns, and a weak GOP presidential field in order to sweep into office with a renewed mandate. But that misses a big part of the picture. Even if Obama wins reelection by a comfortable margin, itâs most likely that the House will remain in Republican hands and Democrats will lose seats in, and perhaps control of, the Senateâand beyond that, Republicans will probably do fairly well in 2014. In other words, we could be looking not at two years of damage control, but six.
That’s why 2008 was so critical. It should have been a sea-change election, and instead we got sewage.
Oh well, que sera, sera. This too, shall pass. (like a kidney stone)
Goldman Sachs is investing $450 million of its own money in Facebook, at a valuation that implies the social-networking company is now worth $50 billion. Goldman is also creating a fund that will offer its high-net-worth clients an opportunity to invest in Facebook.
On the face of it, this might seem just like what the financial sector is supposed to be doing â channeling money into productive enterprise. The Securities and Exchange Commission is reportedly looking at the way private investors will be involved, but there are more deeply unsettling factors at work here.
Remember that Goldman Sachs is now a bank-holding company â a status it received in September 2008, at the height of the financial crisis, in order to avoid collapse (see Andrew Ross Sorkinâs blow-by-blow account in âToo Big to Failâ for the details.)
This means that it has essentially unfettered access to the Federal Reserveâs discount window â that is, it can borrow against all kinds of assets in its portfolio, effectively ensuring it has government-provided liquidity at any time.
Any financial institution with such access to such government support is likely to take on excessive risk â this is the heart of what is commonly referred to as the problem of âmoral hazard.â If you are fully insured against adverse events, you will be less careful.
I should have gone to banker school. They gamble (investing is gambling) with other people’s money. If they win, they keep the profits. If they lose, Uncle Sugar bails them out.
A former CIA officer has been indicted on charges of disclosing national security secrets after being accused of leaking classified information about Iran to a New York Times reporter.
Federal prosecutors charged Jeffrey Sterling with 10 counts related to improperly keeping and disclosing national security information.
The indictment did not say specifically what was leaked but, from the dates and other details, it was clear that the case centered on leaks to Pulitzer Prize-winning journalist James Risen for his 2006 book, “State of War.” The book revealed details about the CIA’s covert spy war with Iran.
Sterling, 43, of O’Fallon, Mo., was arrested Thursday and appeared in federal court in St. Louis later in the day. U.S. Magistrate Judge Terry I. Adelman told him he would be detained through the weekend because the government had declared him a danger to the community. There was no plea entered. Another detention hearing was scheduled for Monday afternoon.
Sterling served on the Iranian desk at the CIA and handled Iranian spies who had defected to the United States. In Chapter 9 of the book “A Rogue Operation,” Risen detailed how a CIA officer mistakenly revealed the CIA’s network in Iran in 2004.
Iranian security officials were able to “roll up” the CIA’s agent network in the country. Risen called it an “espionage disaster.”
Before anyone fits Sterling for a halo, there is more to the story:
Sterling worked for the CIA from 1993 to 2002. His final posting was in New York beginning in 2002. According to the indictment, Sterling left the CIA an embittered man.
Sterling, who is black, filed a complaint against the CIA in 2000, claiming racial discrimination and later sued the agency unsuccessfully. He also submitted his memoirs to the CIA to be published and was extremely unhappy with the review process.
The indictment said Sterling’s anger and resentment grew towards the CIA and claimed that he retaliated against the agency by attempting to cause the publication of classified information. The indictment said that government officials warned Risen, identified only as Author A, and his newspaper employer, that Sterling’s information could endanger a human asset’s life and that in May 2003 the newspaper agreed not to publish it.
The story is somewhat unclear. It mentions that Risen revealed a major CIA fuck-up in 2004, but Sterling left the agency in 2002 so it’s unclear how he could have had any knowledge of the incident.
Apparently whatever information Sterling is charged with leaking to Risen was never published.
You didn’t really think I was gonna let you have an Assange-free Friday, did you?
Instead, there seems to be something about Assange personally which sets people on edge and makes them dislike him intensely: his biggest fans are often those who have never met him or who have known him only for a very short amount of time.
Thatâs unfortunate, to say the least: it takes an issue which is messy to begin with and makes it a great deal messier. But at the same time, Assange has clearly been under an enormous deal of stress â and this is a man who once checked himself into hospital with depression after being charged with computer hacking in Australia. Itâs easy to see how he wouldnât have considered that to be an option in recent months.
My suspicion is that thereâs something quite unstable and destructive about Assangeâs current mental state and that there has been since before he was in Sweden. I hope his publishers have a lot of patience: getting his very expensive book into a publishable state could be a very arduous process indeed.
I’ve noticed that Julian seems to have stopped giving interviews. I’m guessing his lawyers told him to use his right to remain silent because every time he opens his mouth he puts his foot in it.
A Florida professor was arrested and removed from a plane Monday after his fellow passengers alerted crew members they thought he had a suspicious package in the overhead compartment.
That “suspicious package” turned out to be keys, a bagel with cream cheese and a hat.
Ognjen Milatovic, 35, was flying from Boston to Washington D.C. on US Airways when he was escorted off the plane for disorderly conduct following the incident.
I used to have a girlfriend who made me bagel sandwiches for lunch. She had other bad habits too.
(I feel about bagels the same way Uppity Woman feels about Peeps)
Tasha Lee Cantrell cracked open a beer in the back of a squad after her friend was popped for DUI. Noah Smith broke into a house, passed out naked, then fought with the cops after he stuffed a computer mouse up his ass. They’re the dumbest in mopes in America, courtesy of TruTV.
My personal favorite:
Cops confronted Carolee Bildsten after she allegedly left a restaurant without paying her bill. The woman allegedly defended herself with a “clear, rigid feminine pleasure device.”
Today in History:
1999 Senate begins to try President Clinton on lying under oath and obstruction of justice in the Lewisnky case
1979 Vietnamese forces capture Phnom Penh from Khmer Rouge
1967 “Newlywed Game” premieres on ABC TV
1835 HMS Beagle anchors off Chonos Archipelago
Birthdays:
1977 Dustin Diamond
1964 Nicolas Cage
1958 Donna Rice
1957 Katie Couric
1946 Jann S Wenner
1912 Charles Addams
Deaths:
1990 Bronislau “Bronko” Nagurski
1990 Horace Stoneham
1943 Nikola Tesla
1536 Catherine of Aragon
Gen. Vang Pao, an iconic figure in the Hmong community and a key U.S. ally during the Vietnam War, died today in Clovis.
Vang, 81, was admitted to Clovis Community Medical Center on Dec. 26. Vang apparently was admitted shortly after making his annual appearance at the Hmong International New Year event at the Fresno Fairgrounds.
Charlie Waters, a friend and veterans advocate in Fresno, said Vang was suffering from pneumonia and an ongoing heart problem.
Vang is revered by many as a father figure and leader who helped bring and settle the Hmong community into American life.
But he also has been controversial — federal authorities in 2007 charged him and 10 others with conspiring to violently overthrow communist Laos. Charges against Vang were dropped in 2009.
Yet the arrest galvanized Hmong Americans who saw Vang as symbolizing the fight for public acknowledgment of the Hmong role in the war and the liberation of those still living in Laotian jungle. The central San Joaquin Valley has one of the largest Hmong populations in the country. Many Hmong — some of whom fought beside American soldiers during the Vietnam War — came here after fleeing Laos.
It was conflict that paved a path to prominence for Vang, viewed by some as a king and others as George Washington of the Hmong.
Born in December 1929 to farmers in a Laotian village, he became a teenage translator for French paratroopers fighting the Japanese in Laos during World War II.
Vang was selected to train at a French officers’ school in Vietnam and became a commissioned officer in the French army. Laotian leaders made Vang a general, even though the Hmong were a small ethnic minority in the country.
In 1961, Vang was recruited by the Central Intelligence Agency to lead a secret army of Hmong soldiers against Laotian communists and their North Vietnamese counterparts using routes through Laos to supply their troops.
Did you notice that date? In 1961 most Americans had never heard of Vietnam or Laos. In one of the many shameful episodes in American history we made promises to the Hmong people to get their assistance in fighting the North Vietnamese. When the war ended we conveniently forgot all about them.
After the war the Hmong were persecuted by the Laotian communists. Many of them died, but 300,000 of them made their way to refugee camps in Thailand.
In May 1976, another 11,000 Hmong were allowed to enter the United States. By 1978 some 30,000 Hmong had immigrated to the U.S. This first wave was made up primarily of men directly associated with General Vang Pao’s Secret Army, which had been aligned with U.S. war efforts during the Vietnam War. Vang Pao’s Secret Army, which was subsidized by the U.S. Central Intelligence Agency, fought mostly along the Ho Chi Minh Trail, where his forces sought to disrupt North Vietnamese weapons supply efforts to the communist VietCong rebel forces in South Vietnam. Four years later, with the passage of the Refugee Act of 1980, families of the Secret Army were also permitted to immigrate to the U.S., representing the second-wave of Hmong immigration to the U.S. The Hmong take their surnames from which clan they come. The clans which they take their surnames from are: Chang (Tsaab) or Cha (Tsab), Chao (Tsom), Cheng (Tsheej), Chue (Tswb), Fang (Faaj) or Fa (Faj), Hang (Haam) or Ha (Ham), Her (Hawj), Khang (Khaab) or Kha (Khab), Kong (Koo), Kue (Kwm), Lee (Lis), Lor (Lauj), Moua (Muas), Thao (Thoj), Vang (Vaaj) or Va (Vaj), Vue (Vwj), Xiong (Xyooj) and Yang (Yaaj) or Ya (Yaj).
My best friend is a member of the Xiong clan. His father fought for Vang Pao but my friend was born and raised here in California.
Large numbers of the Hmong were relocated to the Central Valley of California. I’ve always suspected some government bureaucrat figured since they were farmers in Laos they would fit in well in an agricultural area.
But rice paddy farming by hand was poor preparation for modern mechanized agriculture. For some of the older Hmong they might as well have been sent to live on another planet. As with all immigrant communities assimilation is a process. That process is entering third generation as grandchildren of the original immigrants are now moving through our schools.
As of 2006, the number of Hmong living in the United States was approximately 171,000.
I was reading an article at Conservatives4Palin that points out (correctly) that when the former Alaskan governor made her infamous “death panels” post on Facebook she wasn’t referring to end of life counseling.
This is what Sarah Palin said:
The Democrats promise that a government health care system will reduce the cost of health care, but as the economist Thomas Sowell has pointed out, government health care will not reduce the cost; it will simply refuse to pay the cost. And who will suffer the most when they ration care? The sick, the elderly, and the disabled, of course. The America I know and love is not one in which my parents or my baby with Down Syndrome will have to stand in front of Obamaâs âdeath panelâ so his bureaucrats can decide, based on a subjective judgment of their âlevel of productivity in society,â whether they are worthy of health care. Such a system is downright evil.
Health care by definition involves life and death decisions. Human rights and human dignity must be at the center of any health care discussion.
I know this will surprise those people who are convinced (or pretend to be convinced) that because I refuse to demonize Ms. Palin that I am infatuated with her but I disagree with the former Vice Presidential candidate.
Before I explain my disagreement I want to clarify what Sarah Palin actually said. Contrary to the assertions of Ezra Klein and others, Palin never claimed that Obamacare would euthanize anyone. She claimed that Obamacare would result in rationed health care and that bureaucrats would decide whether or not to pay for treatment based on subjective criteria like the patient’s “level of productivity in society.”
While there is a nugget or two of truth in what Palin said we’re hardly talking about exterminating “useless mouths.” What we’re talking about is the kind of cost-benefit analysis that people already have to make every day.
Despite what some people think none of us has a “right to life.” On a long enough timeline the mortality rate is 100%. As Clint Eastwood said, “We all got it coming.”
As we saw during the Terri Schiavo case, the general consensus in this country is that at some point it is acceptable to terminate life-support. The real question in cases like that is who (other than the patient) can make those decisions and when they should be made.
But “death panels” cases aren’t about whether or not to pull the plug on someone, they are about the limits, if any, on the payment for health care services.
Forget the specifics of Obamacare for the moment and assume we adopted some version of single-payer like all the other industrialized nations have done. Call it Medicare For All. As the cost goes up and the prognosis grows more grim, is there some point at which we should say “enough is enough?”
Let’s say we have a patient in his eighties who is diagnosed with cancer. Treatment will cost approximately $1 million, the chances of success are less than 10% and he has already exceeded his life expectancy so even if the cancer doesn’t kill him he isn’t gonna celebrate many more birthdays anyway.
Should we pay for his treatment? What if he had diabetes and tuberculosis too? What if he’s already in a persistent vegetative state? Is there any point at which we should draw the line?
The fact is those decisions are already being made, but the decision-makers are health insurance company bean-counters and profit-minded executives.
I think that if we are going to control health care costs one thing we need to do is set limits on how much health care we will pay for. The factors considered in setting those limits should include cost but also a number of other factors, including prognosis and quality of life.
But those limits need to be determined in an open manner by people answerable to the public. There needs to be an open process and a way to appeal the decisions that are made.
Those of us who live in the corporate world by day are coming to the slow realization that getting anything done in the era of outsourcing is becoming next to impossible. Â The functions we once depended on are now being performed by mysterious outside groups who offer an off the shelf service that is not tailored to our specific needs or are so hobbled by the need to keep information secret that they can’t help us without contacting an inside third party or complicated by the redirection to new training requirements that must take place before we are able to perform an operation that used to take seconds but will now take hours. Â We are scolded by snippy business types who can not possibly fathom why the people in R&D have not wasted hours and hours of our time to master the arcane minutiae and non-intuitive “user” interfaces for their business units, as if there were no other task more important. Â Contractors are former employees hired back at vastly reduced salaries with concomittantly vastly reduced incentive for extending themselves even one nanometer outside of the tortured definition of services to help us with our problem or are disembodied voices with southern accents (I’m guessing Georgia) who do not make the effort to contact us at home during Christmas break to tell us our credit card info in our personal profiles (that THEY entered) is incorrect and the flight we thought we booked is now $800 over budget. Â (Thank you very much, Billy Bob)
So much for cost saving measures. Â Look guys, we don’t have time for this crap. Â Just get it done.
The same goes for Congress. Â I am getting tired trying to figure out what version of Kabuki theatre we are playing today. Â Are the Republicans going to spend the next two years on focus grouped cultural issues because they know their base voters are senior citizens on limited incomes who watch Fox, are not employed and grew up in an era when women’s lives were constricted, gays were still in the closet and communities were as homogenous as vanilla milkshakes or are they going to block any measure to help regular Americans get back to work so they can blame Obama for the poor economy in 2012? (I’m guessing both) Â Are the Democrats going let Republicans hang themselves and concede every mean spirited measure to them so Republicans can take the blame in 2012? Â Is anyone going to step up and take responsibility for anything or are they are in it together to force some shock doctrine austerity plan on us so that the small evil group without any national fealty to whom they report doesn’t have to cough up any more money of their own?
In case you weren’t paying attention to the voters in 2006, 2008, 2010, we are losing our patience. Â That doesn’t mean we are all panicking. Â It means we don’t have time for this crap. Â It makes us peevish and unpredictable. If you panic us, you may get something you did not expect. But don’t think we aren’t paying attention to who is doing what to whom. Â We see the faux drama and we see the results and we are not amused. Â You congresspersons are supposed to report to US, the citizens of the United States, not Dubai or the Caymen Islands. Â Quit screwing around and get it done.
In the news:
The readers of the Washington Post were paying attention yesterday when the Post put up a poll asking readers to rate issues they wanted the new Congress to tackle and “jobs” was not among them. Â Nor were several other issues like bringing the financial industry to heel or fixing the mortgage crisis. Â You know, stuff that the average hard working American, who does not live in the swank suburbs around the beltway, actually cares about. Â Eventually, in response to the pages and pages of comments in protest, WaPo relented and added Jobs but did not reset the poll results so the numbers were skewed. Â The Republican talking points continued to nest at the top. Â Way to go, guys. Â “Non scientific poll” indeed.
Natasha Chart pointed me in the direction of this American Prospect post that in turn refers me to an article in the Atlantic about how the wealthy see the rest of us wage slaves. Â (Hmmm, Global Elites should really be issued their own passports identifying them as not citizens of any country and therefore not entitled to any country’s protections. Â Sounds like a fair deal to me in exchange for disenheriting American children born to illegal housekeepers and landscapers.) Â This gels with the other study referenced in the New York Times titled “The Rich Lack Empathy” (and water is wet) Â about how rich people are less empathic people because they don’t have to be. Â In other words, if you’re a working class bloke, you have to be nicer to people to get them to do things for you. Â Business units might keep that in mind next time they need the inventors to come up with some get rich quick product.
Speaking of inventorship, I sympathize with Peter Daou and James Boyce in their suit against Arianna Huffington over the genesis of the HuffingtonPost. Â You have no idea how hard it is to get on a patent when a chemist who uses your ideas wants it all to himself like some spoiled child clutching his toy screaming, “MINE!, MINE!, MINE!” Â Then there’s the documentation and lab notebooks and powerpoint slides and time stamps and endless meetings with lawyers. Â Been there, done that. Â For what it’s worth, I’m siding with Boyce and Daou on this one. Â In my best, “I am not a lawyer” mode, I find argument that the pieces that were proposed and assembled were not unique or innovative to be specious. Â The functional groups on a new drug entity are also not unique. Â They occur in nature, er, naturally. Â It is how they are put together and whether they solve a problem not previously addressed that makes them new creations. Â I think we can all agree that HuffPo filled a need that did not previously exist on the left. Â Well, some may argue that it *still* doesn’t serve that need but it is without a doubt a huge success and if it didn’t have this quasi libertarian Clinton Derangement Syndrome side effect, probably not intended by its creators, it would be a great addition to the left blogosphere.
But what can you expect from Arianna Huffington, whose former husband spent a king’s ransom for a senate seat he did not win? Â I would have graciously cut Boyce and Daou in for a share of the immense wealth the site has generated. It must really burn their oatmeal that Breitbart is taking credit. Â Even a token million or two would have been sufficient. Â It’s a way to say, “Thank You”. Â But then, I am an empathic working class person, not Arianna Huffington, who only kisses the asses of the people wealthier than her.
Podcast for the day: Melvyn Bragg of In Our Time has a two part series on the Industrial Revolution. Â These podcasts are frequently entertaining when Bragg impatiently tells his guests to get to the point. Â I think part 2, Consequences of the Industrial Revolution, is more relevant to our present day events as Bragg and his guests discuss the impact of the industrial revolution on society in general and tease out why it is so important for industrialists that religion remain the “opiate of the masses”. Â Stick with it. Â There’s some meaty goodness there.
And now, for something completely beautiful. Â Anaheim Ballet has a youtube channel where they showcase the elegance coupled with strength of ballet. Â Here’s a video of athletic loveliness.
The headline is the title of an intriguing new working paper [PDF] by two University of Leuven economists Mara Squicciarini and Jo Swinnen. The two note an interesting correlation between societies that practice monogamy and those that drink alcohol.
Intriguingly, across the world the main social groups which practice polygyny do not consume alcohol. We investigate whether there is a correlation between alcohol consumption and polygynous/monogamous arrangements, both over time and across cultures. Historically, we find a correlation between the shift from polygyny to monogamy and the growth of alcohol consumption. Cross-culturally we also find that monogamous societies consume more alcohol than polygynous societies in the preindustrial world. We provide a series of possible explanations to explain the positive correlation between monogamy and alcohol consumption over time and across societies.
In fact the two economists find that more drinking means more monogamy.
Which made a weird segue in my mind to another story. There is no relationhship at all except in my own dirty mind:
Have you ever seen a creepy-cable-show called, “The Girls Next Door”? As Wikipedia describes it, “The series focuses on the lives of Hefner’s girlfriends who live with him at the Playboy Mansion. Hefner is often on the show along with various Playmates and other celebrities.” And THAT makes the show sound a lot more exciting than it is. Turns out that like all reality TV the talent is in the editing.
Here’s what they’re leaving on the cutting-room floor:
… But unfortunately for Hefner, some of his former âgirlfriendsâ, as he calls them, have become disenchanted with life in his harem over the years.
One by one they have revealed what life was like behind the glittering façade of the Playboy Mansion. According to them, it disguises a grubby world where some girls feel they are no Âbetter than prostitutes, paid pocket money by an octogenarian obsessive who funds plastic Âsurgery to turn them into his physical ideal, and yet must still take huge amounts of Viagra to manage sex with them.
Hefner likes to have anywhere between three and 15 girlfriends at any one time. One of the group will be chosen to be Girlfriend No 1. She will share Hefnerâs bedroom at all times, while the others are merely visitors.
. . .
For Izabella, the Playboy Mansion was far from the glamorous pleasure palace she had imagined. âEach Âbedroom had mismatched, random pieces of furniture,â she recalls in her autobiography Bunny Tales. âIt was as if someone had gone to a charity shop and bought the basics for each room.
âAlthough we all did our best to decorate our rooms and make them homely, the mattresses on our beds were Âdisgusting â old, worn and stained. The sheets were past their best, too.
. . .
She adds: âBut then Hef was used to dirty carpets. The one in his bedroom had not been changed for years, and things became significantly worse when Holly Madison moved into his room with him as Girlfriend No. 1 soon after I moved in, bringing her two dogs.
âThey werenât house-trained and would just do their business on the bedroom carpet. Late at night, or in the early hours of the morning â if any of us visited Hefâs bedroom â weâd almost always end up standing in dog mess.
I’m not sure what she means with the crack about finding furniture at a charity shop …. I’ve seen stuff at the one up the street from me that is wonderful. But, we get the idea, the Playboy Mansion: It’s dirty, dude.
As with so much else in their time with Hefner, the girls followed strict rules before entering his bedroom for the sex parties.One of those who witnessed these preparations was Jill Ann Spaulding, an aspiring model who wrote to ÂHefner in 2002 asking to be a Playboy centrefold.
. . .
Beforehand, all the girls were told to take a bath. âI got in, then another girl appeared from nowhere and jumped in with me,â recalls Spaulding. âThen Hef stepped around the corner and took a photo of us naked in the bath together before disappearing. It was all very strange.
âAnother girl led me into Hefâs master bedroom. The only light was coming from two TVs on which adult films were showing. All the other girls were there, dressed like me in pink pyjamas.
âIf you kept your pyjama bottoms on, that was a sign that you didnât want to have contact that night.â According to Spaulding there were 12 girls there on that first night, and only she and another girl declined the offer to have sex with Hefner, who did not use a condom.
. . .
Although still hoping to make Playboy centrefold, Jill Ann Spaulding was determined to resist becoming intimate with Hefner and quickly discovered the consequences when she returned to his room for another of the sex parties, keeping her pyjama bottoms determinedly on. The other girls soon made it clear that she was expected to take them off.
âI was terrified. They were all looking at me, including Hef from the bed â just staring straight at me. I said firmly that I couldnât join in.
âHef looked absolutely furious, and one of the girls hissed at me that I was disappointing him. I didnât care. Hefâs face was like thunder but I was left alone.â
. . .
But St James â with big university debts â was more interested in the weekly pocket money which Hefner paid all his girlfriends. âEvery Friday morning we had to go to Hefâs room, wait while he picked up all the dog poo off the carpet â and then ask for our allowance: a thousand dollars counted out in crisp hundred-dollar bills from a safe in one of his bookcases,â she says.
âWe all hated this process. Hef would always use the occasion to bring up anything he wasnât happy about in the relationship. Most of the complaints were about the lack of harmony among the girlfriends â or your lack of sexual participation in the âpartiesâ he held in his bedroom.
. . .
The girls travelled with Hefner in a white limousine which had a Âleopard-skin interior, with Playboy bunny logos sewn onto the seats. As they left the mansion, they drank Dom Perignon champagne and downed Quaaludes, a prescription-only sedative drug popularised in the Seventies and now handed out by Hefner.
âQuaaludes were supposed to give you a nice buzz,â says Izabella St James. âHef told me once that they were meant to put girls in the mood for sex.â
Does it really make sense to call these women “girlfriends”? Or is it just flat-out prostitution if the “girls” are judged & paid each week by how happily they participate in regular sex parties?
And, I have to wonder if the girls pictured in myiq2xu’s post yesterday, The pornification of young girls are heading toward a visit at The Mansion?