Author: KcM

(State) Secrets and Lies.

“‘Any way you look at it, it’s pretty remarkable,’ said Jon B. Eisenberg, an attorney for al-Haramain. ‘This is an executive branch threat to exercise control over a judicial branch function.’” Rather than Chuck Todd and Ed Henry falling over each other with ill-thought-out, gotcha garbage that conforms to GOP talking points, here’s a question I’d like to have heard the president answer last night: What the hell is going on at the Obama Justice Department, vis a vis the state-secrets privilege? “Civil liberties advocates are accusing the Obama administration of forsaking campaign rhetoric and adopting the same expansive arguments that his predecessor used to cloak some of the most sensitive intelligence-gathering programs of the Bush White House.” That is not at all what we voted for, and it’s nigh time we got a good explanation of why Holder et al are continuing to play by the Dubya playbook.

Obama’s Progressive Solution.

“Officials said the proposal would seek a broad new role for the Federal Reserve to oversee large companies, including major hedge funds, whose problems could pose risks to the entire financial system.” With the AIG bonuses setting the table, the Obama administration prepares to unveil an overhaul of the nation’s financial regulatory apparatus. “It will propose that many kinds of derivatives and other exotic financial instruments that contributed to the crisis be traded on exchanges or through clearinghouses so they are more transparent and can be more tightly regulated. And to protect consumers, it will call for federal standards for mortgage lenders beyond what the Federal Reserve adopted last year, as well as more aggressive enforcement of the mortgage rules.”

Whatever malarkey you hear from the GOP about “creeping socialism” over the next few weeks, keep in mind that no less a Republican than Teddy Roosevelt deemed this sort of solution — accountability, transparency, tighter oversight of the financial sector by the federal government — the “New Nationalism” a century ago. In this arena, at least so far, President Obama seems to be living up to his Progressive promise.

Update: “‘Our system failed in basic fundamental ways,’ Geithner told the committee. ‘Compensation practices rewarded short-term profits over long-term returns. Pervasive failures in consumer protection left many Americans with obligations they did not understand and could not sustain. The huge apparent returns to financial activity attracted fraud on a dramatic scale..,To address this will require comprehensive reform. Not modest repairs at the margin, but new rules of the game. And the new rules must be simpler and more effectively enforced.‘” Secretary of the Treasury Tim Geithner unveils the new regulatory package. [Highlights.] “He said financial products and institutions should be regulated according to their economic function and the risks they pose, not their legal form. ‘We can’t allow institutions to cherry-pick among competing regulators and shift risk to where it faces the lowest standards and weakest constraints,’ he told the committee.”

Paging the Populists…and Howard Beale.

“As Congress and President Obama rush to balance solidarity with a new wave of populist anger alongside the need for smart policy during a crisis, they might reflect on how well previous politicians fared at the task. History does not repeat itself. But sometimes it does hum a familiar tune.” In the wake of the furor over the AIG bonuses, and borrowing heavily from Alan Brinkley‘s Voices of Protest as well as his own work, historian Michael Kazin gives a brief historical overview of populism in Newsweek. (See also Rick Perlstein in the same magazine, who thinks that recent cries of “populist rage” might be somewhat overstated: “What makes this rage ‘populist’? This is ordinary rage, rational and focused…You might more accurately call that common sense.“)

I must confess, I find the very-recent press fascination with its latest toy, “populism,” to be more than a little irritating. This is partly because, as with the “socialism!” craze of a few weeks ago, the discussion — above articles excluded — rarely goes any more than an inch deep, and is clearly fueled more by whatever dodgy sound-bites emanated from the Limbaugh-types that morning than any sort of grounded historical thinking. It’s also because, to my mind, the endless tirade of ignorant, self-satisfied, surface-skimming blather vomited forth by the establishment media these days is as much a cause for a populist uprising as the rapacious greed of the asshats at AIG.

From the manifestly idiotic and off-topic lines of questioning of the White House press corps last night, to partisan hacks like AP’s Ron Fournier carrying water for the broken GOP by pushing dumb memes about teleprompters (see also Rick Santelli a few weeks ago), and from self-important blowhards like Howard Fineman conjuring up nonsense out of thin air about the purported dissatisfaction of his chummy club to the host of distractions and non-issues we are endlessly barraged with these days, the mainstream press is worse than failing us — it’s part of the problem.

This is nothing new, of course. From l’affaire Lewinsky to Judy Miller’s WMD to any number of other issues, the establishment media has been at best lazy, simpering, ratings-driven schlock and at worst dangerously ennabling of corrupt GOP behavior over the years. It’s aggravating at the best of times. But we really can’t afford this idiotic water-carrying for Republcans or the smug sense of entitlement that exudes from every pore of the establishment-media overclass, at the moment, as we try to extricate ourselves from the gimongous economic hole dug over the past eight years.

So, Lou Dobbs and your like, next time you endlessly prattle on about how angry the people are getting at Wall Street and/or Obama right now, just remember: Be careful what you wish for. If push comes to shove, there’s a good bet you’ll end up on the wrong end of the pitchfork as well. (AL link via Liam.)

Nyuk Nyuk Nyuk?

Is April Fool’s here a week early? Or are Sean Penn, Jim Carrey, and Benicio Del Toro really hunkering down to play Larry, Curly, and Moe respectively in the Farrelly brothers’ Three Stooges? “The film is not a biopic, but rather a comedy built around the antics of the three characters that Moe Howard, Larry Fine and [Jerome] Howard played in the Columbia Pictures shorts.”

Into the Wild.

“I didn’t want to wake you up, but I really want to show you something.” The teaser for Spike Jonze’s long-awaited adaptation of Where the Wild Things Are appears on the Interweb (after debuting on Ellen this morning.) Along with Max Record, Catherine Keener, and Mark Ruffalo, WTWTA includes voice-work by James Gandolfini, Catherine O’Hara, Forest Whitaker, Lauren Ambrose, and Chris Cooper.

Let’s Stick Together.

“There didn’t seem to be any general consensus among my listeners. Some people preferred my first period songs. Some, the second. Some, the Christian period. Some, the post Colombian. Some, the Pre-Raphaelite. Some people prefer my songs from the nineties. I see that my audience now doesn’t particular care what period the songs are from. They feel style and substance in a more visceral way and let it go at that. Images don’t hang anybody up. Like if there’s an astrologer with a criminal record in one of my songs it’s not going to make anybody wonder if the human race is doomed. Images are taken at face value and it kind of freed me up.” On the official site, Bob Dylan talks about his new album, Together Through Life, due out April 28.

Game Over, Man! Game Over!


Move over, dogs-playing-poker. A New Zealand ad company promotes the airing of the weaksauce AvP movies on SkyTV with some classic-yet-forgotten Alien v. Predator duels of yore. (See also the tetherball and chess matches — Hopefully table tennis, foosball, and poker will get their day as well.)

And They Have a Plan?

With the final episode airing Friday (I’ll be visiting friends in CA, so probably won’t catch it until next week), the cast and writers of Battlestar Galactica visit the UN to “discuss issues such as human rights, children and armed conflict, and terrorism. Also on the agenda: dialogue among different civilizations and faiths.” Uh…so their advice to leaders would be, what. exactly? Meander about with no plan and little-to-no-purpose, retcon thorny individuals into line with your newest idea whenever necessary, and, when faced with an intractable situation, throw someone in the brig and/or stage either a show trial or a weepy, teeth-gnashing breakdown?

Perhaps I’ve been ruined by meticulously planned out shows like The Wire. Nevertheless, this last half-season of Galactica has been operating at about 3:1 filler-to-good-episode ratio, and that’s being charitable. As I feared, imho, the show’s been going down the FTL tubes ever since the ill-advised Dylan 5 reveal. Ah well…we’ll always have New Caprica.

The Haddocks go Thompson.

In honor of the character’s 80th birthday (or 560th, if we’re talking about Snowy), fans and future trilogy directors Steven Spielberg and Peter Jackson brandish Thompson hats and umbrellas while talking Tintin. Now that Zack Snyder’s Watchmen has come and gone, I suppose it’s Tintin that’s the next “I can’t believe they’re really making a big-budget film version of this” beloved property of my youth. (Which probably means that, sometime around my 40th birthday, David Fincher’s Mr. Men will be hitting the multiplexes as well.)