In Wisconsin, A New Hope?


The Pew Research Center’s topline stats show Wisconsinites favoring the public employee unions over Governor Walker by 42-31. But dig deeper. Among the 18-29 set, a vanishing small number of which belong to unions, the number expands to 46-13. Among nonwhites, it expands to 51-19. Among those who make less than $75,000 a year, it’s roughly 48-25 (I had to add a couple numbers together there). The future of the country is strongly on the side of workers in this struggle, forming the backbone of a new progressive alliance, a youth-labor alliance of color.

But wait a tic: From within the Wisconsin State Capitol, Firedoglake‘s David Dayen sees a new way forward for the left. “While ultimately, the fight in Wisconsin and elsewhere is a rearguard action, it has awakened a sense of purpose and self-worth in a broad swath of America. I truly believe that because I saw it with my own eyes.”

Palantir Pervasive.


After the Anonymous attacks and the release of Barr’s e-mails, his partners furiously distanced themselves from Barr’s work. Palantir CEO Dr. Alex Karp wrote, ‘We do not provide — nor do we have any plans to develop — offensive cyber capabilities…’ But both of the Team Themis leads at these companies knew exactly what was being proposed…They saw Barr’s e-mails, and they used his work. His ideas on attacking WikiLeaks made it almost verbatim into a Palantir slide about ‘proactive tactics.’

Strange powers have our enemies, and strange weaknesses! In Wired, Nate Anderson of Ars Technica fdelves into the story behind the highly troubling HBGary leaks. Among other things, these leaks have already revealed that:

  1. Bank of America contemplated hiring private-intelligence goons — the aforementioned HBGary, the aptly-named Palantir Technologies, and third-wheel Berico Technologies — to spread anti-Wikileaks disinformation discredit Salon’s Glenn Greenwald.

  2. The Chamber of Commerce has been using their services to conduct surveillance on and smear progressives and unions.

  3. These organizations are manufacturing sock-puppets wholesale to create an “illusion of consensus” on behalf of their clients.

  4. Private security firms like the aforementioned ones above are, as Marcy Wheeler puts it, deploying “intelligence techniques developed for use on terrorists [against] citizens exercising their First Amendment rights.” And

  5. These morons actually tried to charge their clients $2000 a day for what amounts to trolling services.

As HBGary target Glenn sums it up: “What is set forth in these proposals for Bank of America quite possibly constitutes serious crimes. Manufacturing and submitting fake documents with the intent they be published likely constitutes forgery and fraud. Threatening the careers of journalists and activists in order to force them to be silent is possibly extortion…Attacking WikiLeaks’ computer infrastructure in an attempt to compromise their sources undoubtedly violates numerous cyber laws. Yet these firms had no compunction about proposing such measures…and even writing them down. What accounts for that brazen disregard of risk? In this world, law does not exist as a constraint.

In other words, they do not fear the law because it has forsaken these lands. And, hey, when you consider that nobody has yet gone to jail for lying the American people into a trillion-dollar war, setting up an illegal, unconstitutional, and inhumane torture regime, or fraudulently abetting or even precipitating a multi-trillion-dollar economic meltdown, their brazen calculation seems like a pretty safe bet.

Deregulating Rape.

With this legislation, which was introduced last week by Rep. Chris Smith (R-N.J.), Republicans propose that the rape exemption be limited to ‘forcible rape.’ This would rule out federal assistance for abortions in many rape cases, including instances of statutory rape, many of which are non-forcible. For example: If a 13-year-old girl is impregnated by a 24-year-old adult, she would no longer qualify to have Medicaid pay for an abortion.

On the principle that, as per MLK, “in the end, we will remember not the words of our enemies, but the silence of our friends,” I post more often here these days about issues I have with our own, ostensibly-lefty party. But, as Dangerous Meta reminds me: Just in case anyone forgot how crazy the Republicans are these days, the GOP Congress has, for pro-life purposes, actually fashioned a bill that defines rape down. “House Speaker John Boehner (R-Ohio) has dubbed [it] a top priority in the new Congress.” There are no words.

Win the Future!™


We know what it takes to compete for the jobs and industries of our time. We need to out-innovate, out-educate, and out-build the rest of the world. We have to make America the best place on Earth to do business. We need to take responsibility for our deficit and reform our government. That’s how our people will prosper. That’s how we’ll win the future.

The best place to do business? Um…how about the best place to live, create, raise a family, be a community? Ah well, Win the Future!™ At this point, my thoughts on the the president’s State of the Union address probably don’t matter much, since I pretty clearly wasn’t the intended audience, and the intended audience apparently dug it quite a bit. But, as for myself: Suffice to say, the “fetal position fallacy” that characterized the 2010 SotU seems to now be in full bloom. This speech, highly reminiscent of Dubya’s 2006 address, basically made Barack Obama seem like the best Republican president we’ve had in years.

It wasn’t just the bland corporate seminar tagline — Win the Future!™ — that rankled. Here we have a Democratic president — the great hope of the left only two short years ago, imploring us all to clap harder for a five-year budget freeze (only in non-defense, discretionary spending, of course, and still not enough for the GOP), a promise to review regulations that put an “unnecessary burden on businesses,” and a lower corporate tax rate. WTF, indeed.

Now, there’s nothing inherently wrong with national goals like increasing competitiveness and doubling exports (provided you aren’t suppressing wages to do it), and I’ve speculated here on getting rid of corporate taxes in the past. (10/12/00 — Arguably, they’re redundant.) But, really, what a thin gruel to offer the American people at this hour. Is there no other way to answer the challenges of the future than a Tony Robbins slogan and generous heapings of business seminar pablum? Have things gotten so bad for the Left that we’re supposed to applaud a president simply for not explicitly threatening Social Security?

Alas, it looks like that may be the case. In his address, the president made sure to make obeisance once again to the deficit witchhunt: “Every day, families sacrifice to live within their means. They deserve a government that does the same.” What you didn’t hear was any attempt to explain that family and government budgets are not the same, or that cutting spending in the midst of a fragile economic recovery is actually a terrible idea. It’s like Keynesianism never existed.

This administration — and all of Washington, really — is now so prisoner to Republican message-framing that “bring[ing] discretionary spending to the lowest share of our economy since Dwight Eisenhower was President” is somehow considered a great thing. Woohoo! Austerity we can believe in! It’s not the most inspiring peg to hang your hat on, to be sure.

Speaking of Ike, Obama also tried to inject some historical cachet into the speech by talking of one of the Eisenhower Era’s signature events: “This is our generation’s Sputnik moment,” he said, and it probably is.

But, as Fred Kaplan (and others) has well pointed out: “The lesson from the 1950s is that it takes more than private enterprise to revive American innovation. It takes lots of government spending.” And I’m not seeing how the president is going to be able to pull that off anymore, now that he’s willingly enclosed himself — and all of us — in the Republicans’ deficit-scare paddock. To really Win the Future!™, it’s going to take a lot more from this administration than a zippy corporate rebranding and a string of hoary, Third Way cliches.

Joementum Cools.

The politics of President Kennedy — patriotic service to country, support of civil rights and social justice, pro-growth economic and tax policies, and a strong national defense — are still my politics,” Lieberman said. “So maybe that means that JFK wouldn’t fit into any of today’s partisan political boxes neatly.

Um…yeah. Anyway, after four terms in the Senate, Joe Lieberman announces he will not be running again in 2012. [Archive.] (Politically, this was a foregone conclusion — his poll numbers have been in the tank for years.) You know how they say: If you can’t say anything nice, don’t say anything at all? Well, with that in mind,

Everything’s Bigger in Texas.



The westward movement of the U.S. population means six districts in states that went for Obama will shift to states that went for McCain — a small but significant shift that could help a GOP presidential candidate in 2012, provided they can hold those states for the party.

The US Census Bureau announces the newly-reapportioned electoral map for 2010, and it shows electoral gains for (blue areas in) red states and the Northeast and Midwest diminishing (in growth rate, at least. The only state to actually lose people was Michigan.) Since the GOP will by and large control the redistricting process in most states, this is further bad news for Dems in the short term. Nonetheless, the overall demographic trends are still working in our favor.

In related news, Robert Cruickshank makes the modest proposal of removing the 435-member cap on the House, first passed in 1929. “In the 1930 Census, which found a population of just over 122 million, this produced 435 House districts of about 282,000 each. By 2012, however, a US House district in a state with more than 1 seat will represent about 708,000 people. That’s an increase of 2260% from 1790.

Neutral No Longer.

The message: the FCC Chairman caved to the most powerful interests and is adopting a rule that may end the Internet’s historic openness to all software and content as a level playing field. This will undermine the Internet’s role in as an engine of economic innovation and democratic participation. The rule was written by and for the giants like AT&T, Verizon, and Comcast, who are cheering the rule. And the FCC Chairman is trying to fool the public into believing they should thank him.

After earlier explaining why the FCC’s compromise(d) stance was “garbage”, Marvin Ammori laments Julius Genachowski’s sad sell-out on net neutrality. While the president is claiming victory here — it does, after all, follow the “solomonic or moronic” splitting-the-baby approach he likes to bring to every issue — everything you need to know about it is summed up in one sentence in Wired: “There was one group, however, which seemed content with the new rules: the nation’s cable and telecommunications companies, including AT&T, Comcast and Verizon.

Song of the South.

Here was the Delta Republicans’ historic task: negotiating terms of surrender to the Constitution, then reframing that Lost Cause as honorable, the better to preserve their insular plutocracy — perhaps their gravest sin in the first place — in order to integrate themselves more snugly into national and international circuits of corrupt wealth. Haley Barbour, who received his first Republican patronage job in 1970, is a true son of this confederacy.

In the wake of Haley Barbour’s highly dubious misremembering of civil-rights era Mississippi, historian Rick Perlstein skewers the GOP poobah and presidential hopeful to the wall. “At every important turn in the story, Barbour emphasizes how little he remembers of this most intense period imaginable in his beloved home town — it really was no big deal, he insists…He’s a middle-aged Southern conservative. That is what his job is: to opportunistically ‘forget.‘”

Anatomy of a Tantrum.


This is the public option debate all over again. So I pass a signature piece of legislation where we finally get health care for all Americans, something that Democrats had been fighting for, for a hundred years – but because there was a provision in there that they didn’t get…somehow that was a sign of weakness and compromise.

“Now, if that’s the standard by which we are measuring success or core principles, then let’s face it, we will never get anything done. People will have the satisfaction of having a purist position, and no victories for the American people. And we will be able to feel good about ourselves, and sanctimonious about how pure our intensions are and how tough we are…That can’t be the measure of how we think about our public service. That can’t be the measure of what it means to be a Democrat.

As I’m sure most of y’all know by now, the president decided to indulge in some cathartic lefty-bashing at his tax cut deal press conference earlier in the week. [Transcript.] At this point, the fact that Obama feels this way about progressives is not at all a surprise, and I feel like I’ve already responded to his appalling penchant for this sorta thing at length. So, here’re just a few numbered points about this latest sad window into Obama’s “pragmatic” mindset:

1) Alex Pareene at Salon cut right to the heart of the fallacy on display here: “[Obama] continues to imagine that his liberal critics are upset with the idea that compromises need to be made in order to accomplish progressive policy goals. Some of them are that stupid. But lots of them are actually critics of the White House’s legislative strategy, and their apparent willingness to preemptively compromise before the negotiations have already begun.Yep.

2) See also Paul Krugman: “Leave aside the merits for a moment: what possible purpose does this kind of lashing out serve? Will activists be shamed into recovering their previous enthusiasm? Will Republicans stop their vicious attacks because Obama is lashing out to his left? It was pure self-indulgence; even if he feels aggrieved, he has to judge his words by their usefulness, not by his desire to vent…[W]hat we really don’t need right now is a president who blames everyone but himself, and seems more concerned with self-justification than with sustaining the alliances he needs.

3) As I noted on Twitter, the president’s argument here is inherently contradictory. He began his presser by saying he had to make a bad deal because the Right, however wrongheaded, held stubbornly to their convictions. Then he verbally abuses the Left for…holding stubbornly to their convictions. Uh, it seemed to work pretty well for the GOP.

4) Speaking of Twitter, the Twitterverse response to the presidential presser is well worth perusing for gallows humor and hard truths. Take for example, “Obama: This is like the public option fight all over again where I caved and opposed the thing that reduced the deficit.

5) As many have pointed out now, the president is also wrong on his New Deal history. In the presser, he claimed Social Security was only for widows and orphans. Wrong. He’s thinking of the civil war pension system, circa 1862. I know that law degrees are considered the be-all, end-all of our civilization these days, but an ostensibly progressive president not understanding the origins of Social Security is sort of a big effing deal. (And he didn’t just misspeak — He’s said it before.)

6) As historian Thomas Ferguson noted several weeks ago, this is not the first time the president has badly screwed up the history of the New Deal in a way that was ultimately self-serving. (As an aside: Given they they chose to structure a major policy speech around a fake Lincoln quote, his communications staff isn’t much better.)

7) As Dan Froomkin pointed out, Obama’s argument about the public option is also contradictory. He argues that Social Security and Medicare started out small, than belittles the public option because it “would have affected maybe a couple of million people,” i.e. it would’ve started out small.

8) Obama also no longer seems to understand how the public option was supposed to work. Here’s Froomkin: “What the president conspicuously disregarded was that the central point of the public option was that its existence would exert enormous competitive pressure on the private insurance system. The goal was not to serve a particularly large number of people directly — that would only happen if the private offerings were terribly inadequate. The goal was to keep the private sector honest. So no matter how many people it enrolled, ‘the provision,’ as Obama put it “would have affected” tens of millions.” In other words, the public option was designed to be a yardstick. So, even in terms of recent history, there are some serious revisions going on.

9) Politico’s catty analysis of the president’s relationship with Chuck Schumer offered more insights on Obama’s thinking today: “Obama himself warned Schumer that the millionaire strategy could sink the stock market. When a vote on the millionaire plan came up short last Saturday, the administration gloated.” The vagaries of the stock market? Is that really what we’re basing our tax policies on these days? (Also, I don’t think Chuck Schumer, of all people, needs to be informed of when and how Wall Street will balk. I think he has his finger pretty solidly on that pulse.)

10) A day after the president’s remarks, Larry Summers solemnly informed us that not passing the millionaire tax cut would lead to a double-dip recession. This is basically the economic equivalent of the terror, terror, terror, 9/11, 9/11, 9/11 argument. And, as David Dayen and Jon Walker both pointed out: If the economy is resting on that sort of knife’s edge, why’s the White House just reduce purchasing power by announcing a federal worker’s pay freeze? Something does not compute.

11) Obama at the presser again: “Look at what I promised during the campaign. There’s not a single thing that I’ve said that I would do that I have not either done or tried to do. And if I haven’t gotten it done yet, I’m still trying to do it.” Um…do we really want to go there? Because I’m sure this would be news to Maher Arar. In any case, as a friend pointed out, this isn’t kindergarten — You don’t get a gold star just for “trying.”

Anyways, so, yeah, Obama doesn’t like “the professional left” very much. And, at this point, it’s safe to say the feeling is mutual. As for myself…well, these days I just feel like a sucker.

The Wheedle and the Damage Done.

The Fed accepted a total of $1.31 trillion in junk-rated collateral between Sept. 15, 2008 and May 12, 2009 through the Primary Dealer Credit Facility. TARP was nothing compared to this.” (Also, $500 billion of that junk was rated CCC or below, which — given the rampant grade inflation going on at all the rating agencies — means it was really garbage.)

So, yeah, Wikileaks isn’t the only document dump in town this week. As mandated by the Dodd-Frank Act (after much pushing from below), the Federal Reserve today released information about some of its dealings from December 2007 to July 2010. And, while folks are just now delving into the intel, it already seems that some of the bodies buried during the financial crisis are now floating to the surface: “A quick analysis…indicates that Citigroup was the greatest beneficiary, drawing on a total of $1.8 trillion in loans, followed by Merrill Lynch, which used $1.5 trillion; Morgan Stanley, which drew $1.4 trillion; and Bear Stearns, which used $960 billion.

In very related news, former Alan Grayson staffer (and a Hill friend of mine) Matthew Stoller lays out a compelling case for a harder stance against the Fed from the Left from now on. Some brief excerpts:

“It is good that this debate is happening. It means that we will be able to examine the real power structure of the American order, rather than the minor food fights allowable in our current political system. This will bring deep disagreements, profound ones, but also remarkable possibility. Modern American industrial policy is to push capital into housing, move manufacturing abroad, build a massive defense establishment, and maintain an oligarchic financial sector. This system isn’t a structural inevitability. People built it, and people are unbuilding it…

Like most American institutions, the Fed has shrouded itself in myth, with self-serving officials discussing the immaculate design of the central bank as untouchable, secretive, an autocratic and technocratic adult in the world of democratic children. But the Fed, and specifically the people who run it, are responsible for declining wages, for de-industrialization, for bubbles, and for the systemic corruption of American capital markets.”


Also on this topic, it comes out today that Bank of America was given a break by the SEC on a securities fraud settlement “‘because of the nation’s perilous economic situation at the time’ and the fact that it had received billions of dollars in taxpayer aid, according to the report by the SEC’s inspector general…Specifically, during settlement negotiations, Bank of America won relief from sanctions that could have hurt its investment banking business.

To tie this back to the top, according to Bloomberg’s Lizzie O’Leary, who’s also been parsing the new Fed data, “52% of the collateral Bank of America pledged to the #Fed’s PDCF was rated Ba/BB or lower, or didn’t have available ratings.” (And, let’s keep in mind, PDCF was only one of several emergency programs.)

So, in other words, the government kept banks like BoA alive by buying up trillions in toxic assets and looking askance at their illegal activity. They repaid us with record bonuses for themselves and an epidemic of foreclosure fraud — the “getaway car for the financial crisis,” as a friend well put it — that’s screwing over millions of American families. And in terms of fixing bad behavior on the Street, nothing changed whatsoever. Boy, that’s some deal.