Tuesday, January 13, 2009

1 week to go

in the Age of Bush. Can't wait. Can't really believe it's been 8 years, either.

On a tangentially related note, here's another billmon column.

This being the case, I have a strong hunch the political-media complex (i.e. the Village) is going to want to move fairly quickly to the post-Soviet solution I described earlier -- skipping right over the perestroika and glasnost to get directly to the willful amnesia and live-in-the-moment materialism of mid-1990s Russia.

Which means, in turn, that Bush, Cheney, Rummy, Feith and the whole noxious crew are about to get flushed straight down the memory hole: banished fairly quickly from public discussion and corporate media coverage -- in much the way the Iran-Contra scandal (go ahead, Wiki it) was almost immediately forgotten or ignored once it became clear that the fix was in. America apparently had its big experiment with truthtelling and reform in the post-Watergate era, and the experience was so unpleasant that nobody (or nobody who counts) is willing to go there again. That would be like expecting the Baby Boomers to start dropping acid again.


As the saying goes, read the whole thing....

Sunday, January 11, 2009

too big to fail

Worthwhile op-ed on the possibility of the USA defaulting on its debt (gulp).

The phrase "too big to fail" is tossed around lightly these days. It gets applied to businesses in a capitalist system (where you'd think the Invisible Hand would occasionally dictate the failure of this or that business); thus does the speaker imply that the government must intervene and guarantee the debts of that private business. If the government overextends itself, could it likewise fail to meet its obligations?

And when you get right down to it, ain't the government the only thing that's genuinely Too Big To Fail?

Uncle Sam is not at all likely to default any time soon. But really, there is untold danger lurking in the path of unrestrained guarantees to companies that were 1) allowed to become Too Big To Fail (and thus just too goddamn big) in the first place and 2) engaging in pie-in-the-sky magical thinking that was not only detrimental to their bottom line, but ultimately to the government's bottom line as well.

Those people, in my humble opinion, should be prosecuted for fraud. We can spend billions per year prosecuting people for victimless crimes; how about let's spend some money busting white collar criminals too?

Now, if we can just figure out how to call it a War On somethingorother....

Thursday, January 8, 2009

more hilarity

According to this blurb, everybody's favorite pinata Sarah Palin has given an interview to a talking asshole conservative pundit John Ziegler (more on him in a second) wherein she criticizes Tina Fey & Katie Couric for....being mean to her, or something. I don't really care. Palin has seemingly not learned (perhaps because her time in the Presidential fishbowl was so brief--merely two months or so) when to cut her losses.

But like an open-mouthed motorist both fascinated and repulsed by a particularly gruesome accident, I feel like I can't ignore some of this absolutely pure, undiluted stupidity on display.


"I did see that Tina Fey was named entertainer of the year and Katie Couric’s ratings have risen," Palin said in the interview. "I know that a lot of people are capitalizing on, oh I don’t know, perhaps some exploiting that was done via me, my family, my administration--that’s a little bit perplexing, but it also says a great deal about our society."


Katie Couric was already the CBS anchorwoman before Palin sashayed on to the scene. There is no way Couric or CBS "exploited" Palin. They didn't make her look dumb; Palin did that on her own. And as for Fey, well....did Sarah Palin actually watch any SNL before McCain decided to pluck her from obscurity? And you can hardly fault Fey for milking the impersonation, since it was 1) hilarious 2) deadly accurate (half of her dialogue was direct quotes!) and 3) Tina Fey had the fortune (or misfortune, depending on your perspective) of being Palin's spitting image to begin with.

And it doesn't say anything at all about "our society." You had several pratfalls in front of the entire world, and Couric and Fey had nothing to do with it. If they hadn't been on the scene, you'd have tripped over your tongue in front of somebody else. Like Charlie Gibson.


The Alaska governor was particularly upset with an SNL skit during which Fey's version of Palin said, "I believe marriage is meant to be a sacred institution between two unwilling teenagers."

The line was a clear reference to Palin's 18-year-old daughter Bristol and her fiancé Levi Johnston. The two announced shortly before the GOP convention that they were expecting a baby and had plans to marry.

"The mama grizzly rises up in me, hearing things like that," she said of a skit. "Here again, cool, fine come attack me. But when you make a suggestion like that that attacks a kid, it kills me."


1) Only a Republican would miss the joke in that line.
2) "Mama grizzly"? Didn't we have enough animal metaphors for Palin in the campaign?
3) By publicly complaining about being the butt of jokes (you're a politician, not royalty) you are ensuring your place as a permanent fixture on late night TV.

In the wide-ranging interview, Palin also faulted the McCain campaign for agreeing to a series of sit-downs with Couric after the first one appeared to go so poorly.

"I knew it didn’t go well the first day, and then we gave her a couple of other segments after that," she said. "And my question to the campaign was, after it didn’t go well the first day, why were we going to go back for more...going back for more was not a wise decision either."

During one of those follow-up interviews, Palin took heat for appearing to be unable to name the newspapers or magazines she reads: "Um of them, any of them that have been in front of me all these years," was the Alaska governor's response.

In the interview with Ziegler, Palin called that answer "too flippant" and suggested the question itself offended her.

"To me the question was more along the lines of, ‘Do you read, what do you guys do up there, what is it that you read?’"

"...Katie, you’re not the center of everybody’s universe," Palin added off-handedly.


More finger-pointing and blame-dodging from the party of personal responsibility.

The "what do you read?" question was as soft a ball as you will ever find in an interview two months before a Presidential election without an incumbent running. Sarah, honey, baby, sweetheart, nobody knew who the fuck you were or what you thought about anything and we needed to learn very quickly. The question was designed to give you a chance to hint at your relative conservatism and/or centrism. If you came out and said "Weekly Standard, National Review, Wall St. Journal, and FOX News," that would have told us one thing. If you'd instead mentioned the New York Times, the Washington Post, USA Today, and CNN, that would have told us something else.

Instead you froze up like spit on Christmas in Anchorage and nervously stammered that you'd read all newspapers and magazines, at which point millions of people winced simultaneously. The question was not intended to put down Alaskans; the question was intended to reveal something about yourself. Which you certainly did.

Blaming Team McCain....well, they were dumb or desperate enough to shove you out there in front of the cameras, so I guess they can be faulted for that. But once you were on the air, Palin, nobody put your foot in your own mouth for you. You did that. You will have to live with that for the rest of your life, and I'd feel bad for you if you weren't, you know, such a sanctimonious fool.

And in case we haven't had enough chutzpah yet, we get the following:

Palin, who has long criticized media coverage of her campaign performance, also said she is interested to see if reporters are equally tough on Caroline Kennedy as she pursues the appointment to the likely-vacant Senate seat in New York.

"I’ve been interested to see how Caroline Kennedy will be handled, and if she will be handled with kid gloves or if she will be under such a microscope," she said.

"It’s going to be interesting to see how that plays out and I think that as we watch that we will perhaps be able to prove that there is a class issue here, also that was such a factor in the scrutiny of my candidacy versus, say, the scrutiny of what her candidacy may be," she also said.


Uh-huh. Caroline Kennedy is trying to get appointed to the Senate. You tried to get elected to the Vice Presidency. Kennedy will indeed face less intense national scrutiny, and it won't be because of some mystical liberal media bias, it's because the election's fucking over and she's not trying to be Vice fucking President. Jeez.

And in any event, after an initial honeymoon, Kennedy no longer appears to be the smart money favorite (that would be Cuomo). So maybe she did get some scrutiny after all, eh?

* * * * *


As for this clown Ziegler....where to begin.

In 2005 Ziegler was the subject of a David Foster Wallace piece on right-wing talk radio. Ziegler seems like he's about par for the course as far as conservo radio shouters go, but he was very unhappy with his portrayal by Wallace. As I read it, and from the other horseshit that Ziegler has spewed over the years, I thought DFW was quite a bit more charitable than he might have been. And in any event, Wallace's writing has a tendency to focus on the flaws and warts as a way of illuminating the entire subject, no matter how uncomfortable. (Actually, if Wallace's writing does not make you at least a little uncomfortable you're probably too distracted with the footnotes.)

Ziegler's blog post noting Wallace's suicide in September was characteristically repugnant, petty, and ego-centric. It begins like this:

On Friday, acclaimed writer David Foster Wallace hanged himself. The literary world was rocked by the news. I was neither as surprised, nor as upset by this tragedy as the many in the elite realm of reputable literature seemed to be.


and gets worse from there (including bold proclamations of Ziegler's own ignorance, and a pronouncement that Wallace was a hack, which is an opinion shared by basically nobody).

As if picking a fight with one genius wasn't bad enough, Ziegler managed to start a very public feud with stats wizard Nate Silver, who was already famous for inventing PECOTA, an eerily accurate numerical simulation used for predicting the future performances of baseball players. Silver applied that expertise to the world of politics and came up with the renowned 538, which provided very good and very timely statistical analysis of opinion polls and did a solid job forecasting the election returns.

Ziegler has decided to leave talk radio (whew) and become a documentarian. (I think the righties are still feeling stung by both the accuracy and the financial success of Fahrenheit 9/11 and An Inconvenient Truth, because the conservative documentary genre has exploded in the last few years. Good luck with that.) In pursuit of that aim, Ziegler commissioned a push poll in the wake of the election that was criticized by Silver.

Silver followed this up with a heated interview of Ziegler that justly became well-known in the blogosphere for revealing even more of Ziegler's over-the-top douchebaggery.

(The general flavor of the interview can be summed up well by how it ends:

NS: Thank you, have a good day.
JZ: Go fuck yourself.
)

Anyway, I say all this to note that Ziegler has done well to rise above being yet another grumpy right wing radio zombie wallowing in mediocrity; he has managed to humiliate himself with two completely different intellectual heavyweights while at the same time kissing up to someone who makes GW Bush look comsopolitan, well-informed, and in full command of the English language. Quite an acheivement, I'd say.

OK, that's enough of that for now. Feeling a bit under the weather today. Perhaps there will be some more music blogging later....

hilarity

Larry Flynt asks Congress to bail out Big Porno.

L.F. is not exactly going to make anybody's list of favorite people, but he sure has a knack for embarassing the Establishment.

Monday, January 5, 2009

Happy Fail Year

Because I can....

This is just hilarious....this is totally something I would do....





and then there's this....



One of my New Years resolutions is to post more YouTube.

Saturday, December 6, 2008

1930s watch

Idled workers occupy factory in Chicago

By RUPA SHENOY, Associated Press Writer Rupa Shenoy, Associated Press Writer – Sat Dec 6, 1:46 pm ET

CHICAGO – Workers laid off from their jobs at a factory have occupied the building and are demanding assurances they'll get severance and vacation pay that they say they are owed.

About 200 employees of Republic Windows and Doors began their sit-in Friday, the last scheduled day of the plant's operation.

Leah Fried, an organizer with the United Electrical Workers, said the Chicago-based vinyl window manufacturer failed to give 60 days' notice required by law before shutting down.

Workers also were angered when company officials didn't show up for a meeting Friday that had been arranged by U.S. Rep Luis Gutierrez, a Chicago Democrat, she said.

During the peaceful takeover, workers have been shoveling snow and cleaning the building, Fried said.

"We're doing something we haven't since the 1930s, so we're trying to make it work," Fried said.

Union officials said another meeting with the company is scheduled for Monday.

Representatives of Republic Windows did not immediately respond Saturday to calls and e-mails seeking comment.

Police spokeswoman Laura Kubiak said authorities were aware of the situation and officers were patrolling the area.

Crain's Chicago Business reported that the company's monthly sales had fallen to $2.9 million from $4 million during the past month. In a memo to the union, obtained by the business journal, Republic CEO Rich Gillman said the company had "no choice but to shut our doors."


via.

P.S.
Deep Thought--when the economy went into recession at the beginning of George W Bush's 1st term, it was Bill Clinton's fault. When the economy went into recession at the end of George W Bush's 2nd term, it was Barack Obama's fault.

Saturday, November 8, 2008

Saturday night links

On 1/17/2001 the Onion gave us this classic. Damn, was that prescient.

Today, we get this, every sentence of which is priceless. Reading it makes me as hopeful as the 2001 article made me despair.

On a related note, this WaPo article talking about various Bush decisions that Team Obama is already planning to overturn. The 1st 100 Days are going to be something to behold, it looks like. The article specifcally refers to the federal ban on embryonic stem cell research, the ban on family planning groups from mentioning abortion, and the asinine prevention of California from regulating C02 emissions from cars.

The next four years are going to be rough in some ways, but at least the ship of state is no longer being piloted by Mr. 20% any longer....

And, for the hell of it, here's a fantastic video of Tool ripping it the fuck up in a little bitty club in '92, in front of what sounds like a couple dozen people who are definitely getting their money's worth.



There's a whole bunch of these videos from the same set, and they're all amazing. For being taken on a VHS camcorder, the sound is pretty awesome.

ouch

"People were worried about the Bradley effect. Apparently, it was not nearly as strong as the Bush effect."
---Jay Leno

Thursday, November 6, 2008

unbelievable



Do not adjust your TV set. That really was on Fox.

There will be more of these bizarre Palin stories. We know there is footage from the Couric interviews that hasn't seen the light of day yet....

Wednesday, November 5, 2008

PRESIDENT OBAMA

WAHOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

ahem.

I am too fucking hungover to type. But let me just say FUUUUUUUUUUUUUUUUUCK YEEEEEEEEEEEEEEEEEAHHHHHHHHHHHHHHHHHHHHHHHH....I mean, let me just say that I thought McCain's concession speech was possibly the classiest, most dignified thing he did all year. He was truly gracious, and I thank him for that.

And Obama's speech was absolute fucking dynamite. As soon as I get done absorbing the rest of what happened, I'm going to watch that shit on YouTube again, cause that was the damnedest speech I've ever seen.

We've got a D governor of Missouri now (bye bye baby Blunt!), and it seems that every MO ballot measure passed.

In fact, Amendment 1 (English as official language) passed 86-14, Nixon beat Hulshof 58-40, and the Presidential race is currently at McCain 49.4-Obama 49.2. I would like to know more about all those ticket splitters, but I'm sure we'll hear more about it in the next couple weeks.

By the way, we just elected the black guy. Never thought I'd live to see it. HOT DAMN.

Friday, October 31, 2008

riffing off of my last post

The fat lady clears her throat....

Sen. John McCain and the Republican National Committee will unleash a barrage of spending on television advertising that will allow him to keep pace with Sen. Barack Obama's ad blitz during the campaign's final days, but the expenditures will impact McCain's get-out-the-vote efforts, according to Republican strategists.

....

The vaunted, 72-hour plan that President Bush used to mobilize voters in 2000 and 2004 has been scaled back for McCain. He has spent half as much as Obama on staffing and has opened far fewer field offices. This week, a number of veteran GOP operatives who orchestrate door-to-door efforts to get voters to the polls were told they should not expect to receive plane tickets, rental cars or hotel rooms from the campaign.

"The desire for parity on television comes at the expense of investment in paid boots on the ground," said one top Republican strategist who has been privy to McCain's plans. "The folks who will oversee the volunteer operation have been told to get out into the field on their own nickel."


It's looking like the weather will hold up, FWIW.

-----

Bonus link: Handy list of poll closing times.

Thursday, October 30, 2008

people keep asking me

why I'm so confident that Barack Obama's going to win.

First, 538 says so, and Nate Silver knows his statistics.

Second, I give you the dramatically intensifying pre-election Republican circular firing squad.

****


The thought of being both, at this point, pretty much a straight-ticket Democratic voter and simultaneously believing that our guy is going to win the Presidency is unusual. Surreal, even. So I don't post this lightly, or out of a sense of hubris.

But Obama is leading every single Kerry state by double digits. Those states (the West Coast, the Upper Midwest [MN/MI/WI/IL], and New England) = 252 electoral votes. 270 is the magic number. Add to those states IA, NM, and CO, where he is leading comfortably, and he's already at 273.

That's before even considering FL, OH, NC, VA, WV, MO, IN, NV, ND, MT, GA, or AZ (!), some fraction of which will go to Obama. That fraction will equal Obama's mandate. NV and VA are pretty much already in Obama's column; FL, OH, NC, MO, IN are all toss-ups. If Obama can flip any one of ND, MT, GA, and AZ, the rout will be on.

Honestly appraising the aggregated polling data, Obama looks likely to be the first Democrat to crack 50% of the popular vote since LBJ in 1964. He would have a Senate majority of roughly 14-15 seats (give or take) and an imposing House majority somewhere north of 50 seats.

That reminds me, I need to go get some champagne....

P.S. For what it's worth, the Obama folks are definitely not taking anything for granted....

Monday, October 13, 2008

SUSA: Obama 51, McCain 43 in Missouri!

+8. Hot damn! Looks like Obama has made huge gains in the suburbs of KC and St. Louis in the past few weeks.

Starting to look like McCain is
!

Sunday, October 12, 2008

euphemism alert/thoughts on the RED MENACE

European nations back banks
Euro-zone leaders held an emergency session Sunday. Measures include injections of capital.


Last Updated: October 12, 2008: 4:14 PM ET

PARIS (AP) -- Nations in Europe's single-currency zone agreed Sunday to temporarily guarantee bank refinancing as part of a raft of emergency measures to ease the credit crisis.

The head of the region's central bank welcomed the unity -- but warned there is more work to do.

"The force of unity that we showed today is a fundamental element of confidence," said European Central Bank Chief Jean-Claude Trichet. But, he added: "there are still many things to do," both by governments and central bankers.

French President Nicolas Sarkozy said the measures -- which range from help with liquidity and injections of capital to new accounting rules for banks -- will be enacted "without delay" in the 15 countries using the euro -- with simultaneous Cabinet meetings being held Monday in Italy, Germany, France and elsewhere.


OK. The term "injection of capital" is being tossed around pretty frequently, and as far as I can tell, all that means is "nationalization". Which of course = socialism. Cue scary music.

Why are the media using a gobbledygook phrase to avoid calling it what it really is (the government taking over a bank)? Beats the hell out of me. I think part of it is that the Reagan-era mantra of "government isn't the solution, government is the problem" has become such a deep-seated part of our political discourse over the last three decades that we don't seem to know how to talk about governmental solutions to problems any more. Every disaster is further proof that the government can't solve problems. And there have been a whole bunch of disasters over the last eight years.

So we have no way of having an effective national discourse about what really smart folks are saying is probably the ony way to address with the problem. Just mentioning the word "socialism" in most corners in America will draw instant hisses and bared teeth. We don't have any words to describe nationalization--state takeover of private business by fiat--because, duh, we're Americans and we believe in the free market, d-duh.I mean, didn't the Cold War prove to everybody that capitalism is superior?

But the American government has always intervened in the markets! We've never been a truly, 100% purely free market, because such a thing implies no regulation at all....clearly ridiculous. Anarchy is worse than any form of government--Madison famously said "if men were angels, they would have no need of government." So it seems to me that the art of statecraft is in guiding the nation on the sliding scale between 100% nationalization of the means of production (communism) and 0% government intervention in markets (pure laissez-faire capitalism).

On one extreme is abolition of private property, and on the other is plutocracy (which is pretty much where we're at now).

In fact, you may have been quickly laughed out of the room for suggesting such a thing, but maybe it's possible that the disintegration of global Reaganist economic policy is analogous (imperfectly) to the fall of the Soviet Union in the late 80s/early 90s. Their economic philosophy had ceased bearing any relationship to reality, and it eventually caught up to them. While I don't think the US is going to break into dozens of different mini-republics any time soon, we've definitely been knocked down several pegs in the global King-of-the-Hill game, for what ultimately is the same reason: our economic philosophy ceased bearing any relationship to reality, and it eventually caught up to us.

George "Fucking" Bush (who has done nothing more useful than screaming REMAIN CALM!!!!! ALL IS WELL!!!!! like Kevin Bacon at the end of Animal House throughout this debacle) ran the national debt from $5T to $10T. He managed to do that by giving huge tax breaks to rich folks*, and by playing political games with the budgetary process to keep the occupations of Afghanistan and Iraq from counting in the official budget. And then, there's this....

Although not included in the figures reported by the government, the U.S. government has moved to more explicitly support the soundness of obligations of Freddie Mac and Fannie Mae, starting in July via the Housing and Economic Recovery Act of 2008, and the September 7, 2008 Federal Housing Finance Agency (FHFA) conservatorship of both government sponsored enterprises (GSEs). The on- or off-balance sheet obligations of those two independent GSEs is just over $5 trillion.[27] The government accounts for these corporations as if they are unconnected to its balance sheet. The U.S. Treasury contracted at the inception of the conservatorship to receive US$ 1 billion dollars in senior preferred shares, and a warrant for 79.9% of the common shares from each GSE, as a fee to fund, as needed, up to US$ 100 billion total for each GSE (in exchange for more senior preferred stock), in order to maintain solvency and adequate capital ratios at the GSEs, thereby supporting all senior (normal) liabilities, subordinated indebtedness, and guarantees of the two firms. Some observers see this as an effective nationalization of the companies that ultimately places taxpayers at risk for all their liabilities[28] The net exposure to taxpayers is difficult to determine at the time of the takeover and depends on several factors, such as declines in housing prices and losses on mortgage assets in the future.[29] Over 98 percent of Fannie's loans were paying timely during 2008.[30] Both Fannie and Freddie had positive net worth as of the date of the takeover, meaning the value of their assets exceeded their liabilities.[31][32] The Congressional Budget Office has recommended incorporating the assets and liabilities of the two companies into the federal budget due to the degree of government control over the entities.[33] The 5-year credit default swap spread for U.S. treasuries had risen to 18 basis points per annum as of 9 September 2008 as a result of market perception regarding the increased debt load of the government.[33]


Ugh. Just thinking about this shit makes me want to reach for the vodka Budweiser.

And then, on top of that, we have the collapse of the housing bubble, which triggered the problems with banks, which is liable to trigger problems in the ~$60T credit default swap market. (60 trillion. That is not a typo. Do not adjust your TV set.)

So perhaps there's a parallel here to the way the USSR fell apart; the US, by contrast, is in much better shape and is not headed for anything like the total political meltdown of the Soviets. But there's a similarity in the blind adherence to ideology and browbeating or ignoring Ph.D.s that knew better, the stubborn refusal to acknowledge reality until the roof comes caving in, and the self-inflicted nature of many of the wounds. (And there's also the parallel endless occupations of Afghanistan..........)

So I guess, in light of all that, which is surely rattling around in a great many national reporters' brains, if not in so many words, maybe it's no surprise that we can't talk very well about moving somewhat to the left on the economic intervention/freedom scale.

Again, as far as I can tell, when a bank is insolvent, the government has to step in and clean up after them. That means the bank doesn't get to keep operating as a private business, which is what Treasury Secretary Paulson wanted in the original bailout package. But....I think we're finally beginning to see Paulson change his mind and start mulling over bank takeovers, which is what Europe is already doing. (Note that the linked Seattle Times article manages to use both the "inject capital" euphemism and the phrase "partial nationalization".)

Will it work? No idea. Maybe. I hope so. I don't think we have any other realistic options.

Which means the FREE MARKET UBER ALLES crowd is just going to have to get over this. The more they bitch and moan about "socialism," as if they have any idea what they're talking about, just makes them sound more and more disconnected from the world the rest of us are living in.

* Remember the Clinton surplus? Bush claimed we needed tax cuts because we were running a surplus. By 2004, when he'd managed to blow thru the surplus and get us back into good ol' Republican deficit spending, he claimed we clearly needed more tax cuts, because we were running a deficit. YEEEEEEEEAARRRRGHHHH

EDIT: Devilstower muses on very similar territory here. He's better at articulating this stuff.

Thursday, October 9, 2008

pix from the show

Sorry this took so long....

loading up....


By the time I got there, Jeff had been working for hours already....


Jeff up on the ladder....


Those are cool looking....


"Beauty Fades"....


cue the Jaws theme....


the space....





The full set. I didn't pick these up until the day before the event....


Jeff surprised me with a very nice print of the four CD covers joined together....


all set up....


people....


playback....


L-R: Kevin, my guitar player; Bryan, my roommate; Chris, my neighbor; and Sara, Jeff's wife....