Inequality is Way UnCool.


A must-watch going around the Interweb: A fellow who sounds not unlike the guy from King Missile explains concisely and succinctly how terrible wealth inequality has gotten in America. “Since 1976, the share of national income earned by the top one percent of workers has nearly tripled, from 9 percent to 24 percent…While the earnings of the top 1 percent have tripled, the average household income has effectively stagnated.”

In very related news, the Dow reaches a new high — 14,164 — even as household income hits a decade low. “As a percentage of national income, corporate profits stood at 14.2 percent in the third quarter of 2012, the largest share at any time since 1950, while the portion of income that went to employees was 61.7 percent, near its lowest point since 1966.”

The Clown has a Point.


Hey all. Apologies yet again for the lack of updates around here. As I said a couple of times last year, I’m still figuring out where the old Ghost fits in the scheme of life these days. There’s a negative feedback loop happening where I don’t post at GitM that often, so fewer people swing by here, so there are no comments or feedback on the posts that I do spend some time on, which makes me even less inclined to post, so thus even fewer people swing by here…you get the point.

I was thinking of starting up the movie reviews around here again for 2013, but having just spent a looong time on another giant project that few if any will ever peruse, I’m not really seeing the point of dedicating myself to spending even more hours of my day writing long-winded reviews that nobody ever reads. It’s just a lot of work with very little gain. I’ve been writing this blog for over 13 years and the reviews for over ten — If either were ever going to gain an audience, they would have done so by now.

As for politics…eh. On the domestic front, all reasonable and common-sense attempts at achieving forward progress have been stymied for years now, mainly because of bipartisan infatuation with a totally fake problem. Sure, Obama (finally) talked a good game last night about climate change, voting rights, infrastructure, equal pay, housing, the minimum wage — things we expected from a progressive president four years ago, and that would undeniably make a profound difference for a lot of American families. But this is year five of this presidency — We know the score by now. When push comes to shove, he’ll be promoting Simpson-Bowles nonsense, extolling the Grand Bargain again, and advocating a chained CPI, all because, presumably, those evil, evil Republicans made him. Good cop, bad cop.

Over on foreign policy, our Hope-and-Change president has accorded himself the power to kill anyone he so desires by executive fiat. And the response? Ostensible progressives back this ridiculous play, and a full 83% of America is totally cool with Death from Above without due process. Awesome.

Speaking of due process, it is flat-out-ridiculous that we live in a world where Aaron Swartz was hounded to suicide by a DoJ-enabled Javert for freeing up JSTOR articles, of all things, and Bradley Manning is kept in a tiny box as Public Enemy #1 for exposing bad behavior by the military. And yet, our national torture experiment has still gone unpunished (because, hey, it worked!), and not a single bankster of note has been prosecuted, despite the massive levels of fraud that have been exposed and that brought the American economy to its knees. To the contrary, the president can’t stop asking self-serving and patently corrupt assholes like Jamie Dimon and Lloyd Blankfein how we can better structure our public policy to cater to their whims.

Admittedly, I partake in it myself semi-often, but I’m just tired of a Twitter-driven political-journalism culture that seems to think that the lulz of Marco Rubio being really thirsty is a more pressing issue to cover than the myriad holes in his obviously stupid, self-serving, and faith-based ideas. Or that Jack Lew having a funny signature is a more vital point to discuss about the probable next Treasury Secretary than whatever the hell he was doing at Citigroup when the goddamned house was burning down.

I hate on the hipster Twitter kids, but establishment journalism is even worse. We live in a world where the totally inane Politico rules the roost and “wins the day”. Where our papers of record will keep warrantless wiretaps and drone bases quiet for years because the powers-that-be asked them to. Where idiot right-leaning “centrists” like David Brooks, David Gergen, Gloria Borger, and Cokie Roberts are queried for their inane views constantly, even though they don’t know anything and have never done anything with their lives but constantly mouth Beltway platitudes as if they were Holy Scripture. Where “journalists” like Chuck Todd, John King, and Jake Tapper — the latter of whom, let’s remember, made it big by kissing-and-telling on his Big Date with Monica Lewinsky — are taken seriously because they tsk-tsk about deficits like Serious People™ and passively nod along whenever obvious liars are lying. This isn’t journalism. It’s Court Stenography, Versailles-on-the-Potomac.

Ain’t no use jiving. Ain’t no use joking. Everything is broken. So, no, I don’t feel particularly inclined to talk about politics these days either, because there’s only so many times you can bellow in rage about it all, especially when nobody swings by this little corner of the Internet anyway. I’m not officially quitting GitM or anything, but let’s be honest. I’m not really what sure when, if ever, it’ll get its groove back. I’m not sure I see the point. And besides, as Richard said, a withdrawal in disgust is not the same as apathy.

Panetta/Burns or Bust.


“Think of the economy as a car, and the rich man as a driver. If you don’t give the driver all the money, he’ll drive you over a cliff. It’s just common sense.” As a public service announcement of sorts, the estimable C. Montgomery Burns explains the fiscal cliff. (See also Tom Tomorrow on this.)

The 39% of Americans with an opinion about Bowles/Simpson is only slightly higher than the 25% with one about Panetta/Burns, a mythical Clinton Chief of Staff/former western Republican Senator combo we conceived of to test how many people would say they had an opinion even about something that doesn’t exist.” Speaking of a different Burns — Conrad, not Monty — a Public Policy Polling survey finds that Simpson-Bowles fares only slightly better than completely imaginary legislation in the public mind. As it should!

Actually, if you’re a looking for a good summary of the Simpson-Bowles plan, it’s hard to beat this one by Kevin Baker (via Past Punditry): “A prescription for hunting down every last remaining vestige of the middle class in this country and beating it to death with a stick…By the way, if the notion of putting a crazy old, obnoxious right-wing coot and Bill Clinton’s chief fund-raiser at Morgan Stanley in charge of a committee to make the very richest people in America still infinitely richer while at the same time ripping open the underbellies of working people in this country from stem to stern seems like a puzzling idea coming from the great avatar of hope and change, you’re onto something.

Also in PPP’s findings: “49% of GOP voters nationally say they think that ACORN stole the election for President Obama. We found that 52% of Republicans thought that ACORN stole the 2008 election for Obama, so this is a modest decline, but perhaps smaller than might have been expected given that ACORN doesn’t exist anymore.” [rimshot]

The Anti-Wal-Mart.

Mr. Sinegal, whose father was a coal miner and steelworker, gave a simple explanation. ‘On Wall Street, they’re in the business of making money between now and next Thursday,’ he said. ‘I don’t say that with any bitterness, but we can’t take that view. We want to build a company that will still be here 50 and 60 years from now.’

This article is seven years old now, so I don’t know if their admirable corporate policies have survived the Great Recession. (Update: Apparently, they have.) Nonetheless, from 2005 and as seen floating around on Facebook of late, the NYT’s Steve Greenhouse explains how CostCo became the anti-Wal-Mart. “[N]ot everyone is happy with Costco’s business strategy. Some Wall Street analysts assert that Mr. Sinegal is overly generous not only to Costco’s customers but to its workers as well. Costco’s average pay, for example, is $17 an hour, 42 percent higher than its fiercest rival, Sam’s Club.” Oh, yeah, let’s nip that in the bud, then. Assholes.

The Grand Bargain…Isn’t.

A simple historical fact: There is no political payoff for Democrats in presiding over governmental austerity. The evidence goes far back to long before Bill Clinton.” Historian Rick Perlstein explains what should be obvious to every Democrat worthy of the party name: America didn’t vote for a Grand Bargain. “Barack Obama didn’t win by promising a grand bargain…He won despite it. Democrats won’t win in the future by ‘reforming’ entitlements. If they do it, they will lose, precisely because of it, and possibly for generations. If he believes things to be otherwise, God help the party of Jefferson and Jackson.”

Along the same lines, Paul Krugman explains why no bargain is a better option than a bad deal. “Mr. Obama essentially surrendered in the face of similar tactics at the end of 2010, extending low taxes on the rich for two more years. He made significant concessions again in 2011, when Republicans threatened to create financial chaos by refusing to raise the debt ceiling. And the current potential crisis is the legacy of those past concessions. Well, this has to stop — unless we want hostage-taking, the threat of making the nation ungovernable, to become a standard part of our political process.

So, is the president listening? Well…er…the jury’s out. Right now, White House spokespersons are emphasizing Obama’s flexibility and the president himself has said that we have to “continue to take a serious look at how we reform our entitlements.” Which is horseshit, quite frankly, because, as Galbraith pointed out in 2010, the Very Scary Deficit Projections everyone’s using to keep this slash-Social-Security-and-Medicare train hurtling along are, in a word, bunk.

In the meantime, the 2011 iteration of the Grand Bargain has leaked, and it’s as terribad as you might imagine.

The Change is Us. It Has to Be.

So, how about that Election Night? Once you factor in that the ridiculous gerry-mandering of 2010, coupled with Obama’s terrible, coattail-cutting first debate performance, killed any chance of Democrats retaking the House, Tuesday night went about as well as it possibly could. Every swing state except North Carolina swung blue. The Senate kept some of its best progressives (Sanders, Brown) and added a few more very promising contenders (Warren, Baldwin). Gay marriage and marijuana decriminalization both made important footholds. California moved to end Howard Jarvis’ Tax Revolt, now in its fourth decade. And the Republicans — again, the House notwithstanding — were routed, and their cruel Ayn Rand-inflected ideology decisively repudiated at the polls.

All things considered, it was a great night, and all the more for what it portended about elections to come. Ever-growing in recent years, the Rising American Electorate — unmarried women, people under 30, people of color — showed its power on Tuesday night, displaying its centrality as the backbone of our new Democratic coalition and sending Karl Rove, Bill O’Reilly, and other White Men of a Certain Age into very public paroxysms of despair. (Good times. Enjoy that 2004 experience, y’all.) And while the Republican base is looking long in the tooth these days, our Democratic coalition is only continuing to grow.

As I noted in 2010, even despite the dismal showing then, demography is destiny, and the rest of the country is and will continue to experience Californication. Today we got the first taste of what a really multicultural America will be like at the polls. See also David Simon of The Wire and Treme on this: “A man of color is president for the second time, and this happened despite a struggling economic climate and a national spirit of general discontent. He has been returned to office over the specific objections of the mass of white men. He has instead been re-elected by women, by people of color, by homosexuals, by people of varying religions or no religion whatsoever. Behold the New Jerusalem. Not that there’s anything wrong with being a white man, of course. There’s nothing wrong with being anything. That’s the point.

So, all in all, 2012 was a great victory for we progressives, and things are suddenly looking up. But, of course, we’ve been here before.

I really hope President Obama and his closest advisors are looking at the same demographic realities as the rest of us, and that he decides to spend his second term governing closer to what he promised back in 2008. But I trusted in hope last time around, and, needless to say, that didn’t get it done.

The fact of the matter is our Democratic standard-bearer, at least up to this point, is behaving and governing in a fashion that is clearly to the right of the growing Democratic base that got him elected and now re-elected. No more benefit of the doubt: It is up to us to put pressure on this administration to make sure they hold to the promises they’ve made. That work has to begin right now.

We all know what’s coming up first, and Glenn Greenwald already laid out the dismal pattern we can expect — and need to break — on the Grand Bargain front. True to form, Peter Orszag — and what does it say about our president’s priorities that he staffed up his first administration with this kind of jackass? — has already sent out the let’s-fiddle-with-social-security trial balloon. Erskine Bowles’ name has been aggressively floated as the new SecTreas and High Inquisitor in the matter of the Deficit Witches. By all accounts, President Obama seems to think he can play Nixon-in-China on Social Security and Medicare. But this is not at all why voters gave him a Democratic mandate, and that’s exactly the sort of wrong-headed notion, coupled with Katrina, that turned the electorate against Dubya in 2005.

In his victory speech on Tuesday night, President Obama continued his recent turn toward the progressive rhetoric of citizenship and self-government. He said: “The role of citizens in our Democracy does not end with your vote. America’s never been about what can be done for us. It’s about what can be done by us together through the hard and frustrating, but necessary work of self-government. That’s the principle we were founded on.”

On one hand, I should be overjoyed that the President has taken this rhetorical turn, since it’s something I’ve been pushing for here for as long as GitM has been running. At the same time, President Obama has shown over the years an irritating penchant for co-opting progressive rhetoric only to serve centrist, corporatist, and/or neoliberal ends. It would be a shame if we let that happen again.

A presidency really concerned with fostering civic responsibility and self-government would look quite different than the one we have experienced up to this point. In the strictest and most literal sense, it would acknowledge, sometime before the second-term election night, that both our voting and campaign finance systems have been broken for decades, and require a significant overhaul. But, even more than that, a philosophy of encouraging citizenship and self-government presupposes different priorities and different policies.

First and foremost, to paraphrase Franklin Roosevelt, it would recognize that necessitous men and women are not free men and women, and work harder to ensure everyone has the basic economic liberty to choose their own path through life. It would not, to take just one example, make the center of their housing reform a foreclosure program designed to help banks rather than homeowners.

An administration advocating citizenship and self-government would do more to emphasize the fundamental importance of education at all levels, and invest mightily not just in schools and teachers but in after-school programs, early childhood education, anti-poverty and anti-hunger initiatives, and all the other efforts that can help alleviate the various and persistent environmental factors limiting children’s potential in America. That requires a significantly different and more comprehensive approach to the education issue than simply competitive grants that reward grant-writing skills and teaching to the test.

It would mean emphasizing a conception of citizenship that is broader and richer than just a world of workers, consumers, and automatons — one that, as per Walt Whitman, Ralph Waldo Emerson and Herbert Croly, encourages introspection, critical thinking, and self-exploration. This is a hard nut to crack, of course. But at the very least we could fight to give more men and women freedom from the necessities of work to do whatever it is they want to do. We are not just our jobs, or at least we shouldn’t be, unless that’s what we want. That means pushing for a higher minimum wage, equal pay for men and women holding the same job, increasing access to affordable child care, more worker protections, and a shorter work week.

Emphasizing self-government only works if the political system remains accountable to its citizens. That means, along with voting and campaign finance reform, working to break the hold of any particular special interest over the political process — namely, corporate power. But as Matt Stoller, Glenn Greenwald, and others have noted, this administration has perpetuated and even accelerated a two-tiered system of political and economic justice in America. The losses of bankers and corporate elites have been subsidized by the public, even when they clearly broke the law. Meanwhile, the average homeowner and debtor has been disparaged and left on their own underneath a crushing burden — so much so that inequality has actually increased over the last four years. Similarly, the Bush-era torture regime has been swept under the rug, while whistleblowers have been aggressively prosecuted. This will not do.

Meanwhile, even though Obama himself has been a user of illcit drugs, as have the last several presidents, there has been no attempt at all by this administration to undo the drug war destroying communities and putting so many in jail — Quite the contrary, in fact. Nor has this administration done anything to stop the reprehensible practice of private prisons selling their “workforce” as forced labor.

Citizenship is a bond — Being a citizen means that one is part of a larger community and has a stake in it, a sense that we’re all in it together. So emphasizing citizenship means investing in big projects and big ideas that bring the American community together in larger purpose, from a massive rebuilding of America’s infrastructure to a re-energized space program to a WWII-sized response to the climate change crisis. Instead, this administration has trafficked in deficit hysteria for several years, and clearly plans to bring another dose of it in the months and years to come. Meanwhile, the biggest project we have been involved with as a people in recent years is expending blood and treasure on remaking Afghanistan and Iraq. This, it is now clear, has been not just a considerable waste of public resources, but a policy that has resulted in thousands and thousands of lives lost around the world.

Especially in America, where we are tied together not by blood but by an idea, being a citizen also means agreeing on a story — a shared narrative that ties the members of the community together. Because our connection is a story — even a fiction, some might say — it is all the more important that our government uphold the founding values of that story. (As Charles Pierce eloquently argues here, this is why Obama’s re-election is important independent of everything else — it reaffirms our conviction that race is no longer any barrier to the highest office in the land.) But, quite obviously, this administration has not lived up to our founding ideals in many ways, especially with regard to how it has prosecuted the War on Terror. As Mark Danner says in the piece I just linked, “President Obama has taken a position so strongly in favor of unremitting military violence that he has left his Republican rival, struggle though he may to shoulder his way past him, no place to stand.” And let’s be honest: As a party, we Democrats utterly failed to call the president out on this.

So, yes, an emphasis on citizenship and self-government could very well be the basis of a new progressive politics. But, unless he makes a marked shift from his first term, I fear this president is just going to use these words as a new rhetorical toolbox to push for more half-assed, neo-liberal Third Wayisms and lousy Republican ideas from the mid-80’s. We face dire problems in this country, and yet this administration is somehow afraid to even consider the time-tested New Deal ideas, from public works to the HOLC, that worked in the past.

The only way President Obama will make that progressive shift, it is now clear, is if the American people push him in that direction. In this, what Obama said on election night is absolutely correct. No matter what the president has said on the campaign trail, we can no longer hope this administration will bring change we can believe in. He is going to have to be forced into it by a Democratic electorate that refuses to accept anything less. It’s not a coincidence that the two progressive reforms Obama finally embraced this year — same-sex marriage and the DREAM Act — were ones that had passionate, vocal, and uncompromising reform movements behind them.

The election results showed that progressives are and can be ascendant in America. But we need to be much tougher on this administration than we have been in the past. Lip service to good intentions and progressive ideals is no longer satisfactory. And that hard work of keeping this administration in line has to begin right now, before the tentpoles of our current social insurance system are chipped away at by way of Grand Bargain.

Democrats just elected this president for a second time, and we don’t want to see any more compromising with and capitulating to economic terrorists. It is past time for this president and this administration to do right by us.

More of the Same.

If Republicans are willing, Obama said, ‘I’m prepared to make a whole range of compromises’ that could even rankle his own party. But he did not get specific.” (*cough* Grand Bargain *cough*)

Change you can believe in? If you relished the first term but really wished the White House would fold a winning hand even more often, the president has your back for Term 2. Because, in the face of 8% unemployment, 15% poverty, and rising seas, what America really needs right now is more mealy-mouthed centrism, hysteria about a fake problem, and rank capitulation to domestic terrorists. Real Democrats please. Our party has lost its way — We’re now rather clearly to the right of Nixon and coming up on Reagan these days.

Lithwick: It’s Not Us. It’s You.


For the past several years, while the mainstream media was dutifully reporting on all things Kardashian or (more recently) a wholly manufactured debt-ceiling crisis, ordinary people were losing their health care, their homes, their jobs, and their savings.

For the benefit of the willfully dense — i.e. all the telegenic denizens of the Village — Slate‘s Dahlia Lithwick explains the basic meaning behind Occupy Wall Street: “They are holding up signs that are perfectly and intrinsically clear: They want accountability for the banks that took their money, they want to end corporate control of government. They want their jobs back. They would like to feed their children. They want–wait, no, we want– to be heard by a media that has devoted four mind-numbing years to channeling and interpreting every word uttered by a member of the Palin family while ignoring the voices of everyone else.

We’re the 99% (except Bruce Wayne).


Although, let’s be honest: Rorschach is more like the original Tea Partier, no? Anyway, it’s not just Calvin. By way of Mary Sue, comic book characters weigh in on Occupy Wall Street. Speaking for the 1%: Lex Luthor, Uncle Scrooge, Victor Von Doom, and, my evening alter-ego these days, Bruce Wayne…but he’s cool.

Decades of Divergence.


In its report, the budget office found that from 1979 to 2007, average inflation-adjusted after-tax income grew by 275 percent for the 1 percent of the population with the highest income…By contrast, the budget office said, for the poorest fifth of the population, average real after-tax household income rose 18 percent. And for the three-fifths of people in the middle of the income scale, the growth in such household income was just under 40 percent.

A brand-spankin’ new CBO report concludes what we all already know: Income inequality has surged since 1981, and government, post-Reagan, has consistently failed to address the problem. “‘The equalizing effect of federal taxes was smaller’ in 2007 than in 1979, as ‘the composition of federal revenues shifted away from progressive income taxes to less-progressive payroll taxes,’ the budget office said.” But, hey, let’s sweat that deficit.