Journalists Who Should Be Working as Pastry Chefs

Declan Mccullagh, everyone's favorite "Draw by crayon Libertarian,"^* has a scoop.  That Senator Pat Leahy had an amendment to the privacy bill in his committee that would allow warrantless access to your electronic communications by a big honking number of federal agencies.

One small problem though, he got his hands on an out of date draft that had never been seriously considered, and was not put forward by Leahy:

This would be particularly disturbing in the wake of the scandal surrounding Generals Petraeus and Allen, whose emails were exposed during a wide-ranging and questionable FBI investigation and have brought the discussion of limits on the surveillance state to the fore. But when reached by phone, Patrick Leahy’s spokesperson David Carle bluntly said the article was “wrong.”

The version of the bill that Declan McCullagh excerpts in his report appears to be one of many that have been drafted and passed around, but is not a version that would be considered seriously at a hearing to review the bill next week.

“Senator Leahy does not support broad carve outs for warrantless searches of email content,” says a Senate Judiciary aide. “He remains committed to upholding privacy laws and updating the outdated Electronic Privacy Communications Act.”

A person who has been privy to conversations about the impending bill intended to update privacy protections around digital communications for the modern age said that this was a “snapshot of a discussion point” and that it’s inaccurate to say it’s the version being pushed forward. This particular draft of the bill incorporates amendments suggested by Senator Chuck Grassley who has expressed concern that too much privacy protection for our email could negatively impact safety tasks.

OK, That's a bit of an oops.

So, he accused Pat Leahy of trying to take away our privacy rights on the basis of a draft from Charles Grassley. ……… Oops.

What is Mccullagh's response to all of this? He claims that his story forced Leahy to change his bill:

Sen. Patrick Leahy has abandoned his controversial proposal that would grant government agencies more surveillance power -- including warrantless access to Americans' e-mail accounts -- than they possess under current law.

The Vermont Democrat said today on Twitter that he would "not support such an exception" for warrantless access. The remarks came a few hours after a CNET article was published this morning that disclosed the existence of the measure.

Not even a mention of reports that it was never a real amendment, and that Chuck Grassley was the author of the draft.

So, he took a draft from a Republican, one that is consistent with that Senator's history, and ascribed it to a Democrat, because, you know, Democrats are evil!

Not surprising.

Declan McCullagh was one of the chief promoters of the "Al Gore invented the Internet meme."

His editors need to smack him upside the head with a clue-by-four, and tell him to get the facts straight.

^*Not my bon mot. It's from the always entertaining Andrew Orlowski of The Register.

Please, Do This

In 1968, my father said, "Those stupid bastards, they've nominated Nixon. There's no way that they will win now."

He was, of course, spectacularly wrong, but I feel much more secure in saying that I support Charlotte Allen's call for Sarah Palin to be the 2016 Republican nominee:

The Republican Party has been doing a lot of hand-wringing and finger-pointing since the presidential election. Half the conservative columnists and bloggers say the GOP lost because it overemphasized social issues such as abortion and gay marriage. The other half says the party didn't emphasize them enough. And everyone denounces Project ORCA, the campaign's attempt to turn out voters via technology.

But I've got a suggestion for cutting short the GOP angst: Sarah Palin for president in 2016.

You think I'm joking? Think again.

Read the rest of the article. There's not a bit of snark. She's serious.

I so want to see this.

I think that we could have a 40 state Democratic victory.

The difference between Palin and Nixon is two fold:  She's as dumb as a bag of hammers, and she believes her own PR.

I'm Surprised that It Made It a Full Day

The far right wing caucus of the Republican Party (I know, it buggers the mind), released a paper saying that the current copyright regime destroys markets, and needs to be reformed:

Right after the Presidential election last week, Chris Sprigman and Kal Raustiala penned an opinion piece suggesting that one way the Republicans could "reset", and actually attract the youth vote, would be to become the party of copyright reform. We had actually wondered if that was going to happen back during the SOPA fight, when it was the Republicans who bailed on the bill, while most of those who kept supporting it were Democrats. Since then, however, there hadn't been much movement. Until now. Late on Friday, the Republican Study Committee, which is the caucus for the House Republicans, released an amazing document debunking various myths about copyright law and suggesting key reforms.

Among other things, it stated that the purpose of copyright is to benefit society, not to provide a revenue stream to content owners, and among other things, calls for an expansion of fair use.

Basically, they said all the things that I have been saying for years.

Have no fear though. Less than 24 hours later, the IP Mafia browbeat them into withdrawing the report.

Well, there's another chance to pick up the youth vote that they just pissed away.

H/t Firedog Lake;

A copy of the Report from the Republican Study Committee after the break:



rsc_policy_brief_--_three_myths_about_copyright_law_and_where_to_start_to_fix_it_--_november_16_2012

It Appears that the Afghans Fault US On Our Commitment to Human Rights

Because Afghan President Hamid Karzai has ordered a takeover of the prison at Bagram:

President Hamid Karzai ordered Afghan forces to take control of the American-built Bagram Prison and accused American officials of violating an agreement to fully transfer the facility to the Afghans, according to a statement from his office on Monday.

The move came after what Mr. Karzai said was the expiration of a two-month grace period, agreed to by President Obama, to complete the transfer of the prison at Bagram Air Base.

At issue in particular are 57 prisoners held there who had been acquitted by the Afghan courts but who have been held by American officials at the prison for more than a month in defiance of release orders, Aimal Faizi, the spokesman for President Karzai, said in an interview.

Afghan officials were also concerned about the status of new detainees being captured by American troops. The Afghans feel those detainees should be transferred to their control under the deal signed by the two countries this year.

Mr. Faizi said hundreds of new prisoners were being held by American authorities in a closed-off section of Bagram Prison, which the American military calls the Detention Facility in Parwan. American forces, mainly Special Operations troops carrying out night raids, have been arresting more than 100 suspected insurgents a month, Afghan officials said.

So we are being lectured with justification about our commitment to human rights by Hamid f%$#ing Karzai.

God Bless America

There is a Difference Between a Conservative Democrat and a Disloyal Democrat

That's Gotta Leavea Mark!

Andrew Cuomo, governor of New York, and on the list for the 2016 nominee, appears to have been actively working to maintain a Republican majority in the state senate:

IIf the New York state Senate remains controlled by the Republican Party, it won’t be because of the voters. Democrats have 30 seats, with 32 required for a majority. They’re also ahead in two races currently being recounted. Simcha Felder, who won a Senate seat on the Democratic and Conservative Party lines in Brooklyn, has already announced that he will caucus with the Republicans. If the Democrats end up with a majority, there is a good chance a bunch of conservative Democrats will switch parties to ensure that the GOP retains control. One guy who’s staying conspicuously out of the fight: Democratic governor and 2016 presidential contender Andrew Cuomo.

………

But it’s not just that Cuomo’s not trying to help his party win a majority that voters actually voted for. He has at times actively hindered their chances. Cuomo signed off on gerrymandered state Senate districts and did not demand independent, nonpartisan redrawing. In doing so he intended to preserve the status quo — Republicans in charge of the state Senate, Democrats in charge of the more representative assembly — but voters in New York pretty clearly decided that they preferred Democrats in charge of both houses, even with districts drawn specifically to make that nearly impossible.

……… 

And if Republicans get their majority, with the tacit support of Cuomo, the governor will have once again shown that he is not the progressive figure he will likely try to sell himself as if he runs for president. His tenure so far has been marked by flashy liberal victories on issues like gay marriage, along with a quietly conservative economic agenda: A property tax cap, total neglect of mass transit, and (partial) support for fracking. Even on economic issues where Cuomo has more liberal priorities, he rarely pushes his Republican friends particularly hard. (A Republican-controlled state Senate will almost certainly block a minimum wage increase Cuomo ostensibly supports.) There’s a reason, in other words, that the National Review loves him.

You can also see Chris Hays unload a case of whup ass on him as well. (see vid)

Let's be clear here: In every case where Andrew Cuomo had to make a decision regarding the state senate, that decision cut to favor Republican control of the state senate to the maximum degree that political realities make it possible.

If there is a lesson to the Democratic party regarding the career of Joe Lieberman, it is that there is a difference between a conservative Democrat and a disloyal one.

Cuomo seems to be inclined toward the latter.

 I don't know who is going to be the Democratic nominee in 4 years, but I really hope that it is not him.

H/t Crooks and Liars.

This Might Explain the Problems We Have With General Officer Corps

The Washington Post details the rock-star lifestyle of US General Officers (Generals and Admirals), and it goes a long way toward explaining some of the problems that exist with them.

Simply put, they have no connection to reality, and they have every incentive to delay their retirement well past the limits their usefulness:

Then-defense secretary Robert M. Gates stopped bagging his leaves when he moved into a small Washington military enclave in 2007. His next-door neighbor was Mike Mullen, the chairman of the Joint Chiefs of Staff at the time, who had a chef, a personal valet and — not lost on Gates — troops to tend his property.

Gates may have been the civilian leader of the world’s largest military, but his position did not come with household staff. So, he often joked, he disposed of his leaves by blowing them onto the chairman’s lawn.

“I was often jealous because he had four enlisted people helping him all the time,” Gates said in response to a question after a speech Thursday. He wryly complained to his wife that “Mullen’s got guys over there who are fixing meals for him, and I’m shoving something into the microwave. And I’m his boss.”

Of the many facts that have come to light in the scandal involving former CIA director David H. Petraeus, among the most curious was that during his days as a four-star general, he was once escorted by 28 police motorcycles as he traveled from his Central Command headquarters in Tampa to socialite Jill Kelley’s mansion. Although most of his trips did not involve a presidential-size convoy, the scandal has prompted new scrutiny of the imperial trappings that come with a senior general’s lifestyle.

The commanders who lead the nation’s military services and those who oversee troops around the world enjoy an array of perquisites befitting a billionaire, including executive jets, palatial homes, drivers, security guards and aides to carry their bags, press their uniforms and track their schedules in 10-minute increments. Their food is prepared by gourmet chefs. If they want music with their dinner parties, their staff can summon a string quartet or a choir.

The elite regional commanders who preside over large swaths of the planet don’t have to settle for Gulfstream V jets. They each have a C-40, the military equivalent of a Boeing 737, some of which are configured with beds.

In a war zone, I could understand why a general might have someone to take care of ordinary day-to-day tasks, but for someone deployed to the wilds of Alexandria, Virginia, they can take out their own trash, and mow their own damn lawn.

The ratio of officers to enlisted men is not now 1:5.  For most of history, it was 1:10.  Additionally, we now have more general officers, with 1.5 million active duty military, than we did at the height of the 2^nd world war when we had 12+ million men under arms.

The terms "top heavy" and "bloated" come to mind.

Deep Thought

H/t JR at the Stellar Parthenon BBS.

An Update of a Classic

Click for full size

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Why Not Bullpup

It looks like the Russians are updating the AK series assault rifle: (Paid subscription required)

Russia's legendary Kalashnikov assault rifle may get a new lease on life as its designers try to improve the weapon's operational parameters and attract orders from the country's defense ministry and paramilitary agencies.

The iconic, original 7.62-mm AK-47 rifle entered service in 1949 and since then has undergone several modernizations, mainly aimed at increasing accuracy. The 5.45-mm AK-74M version from the 1990s remains the primary individual weapon for the Russian armed forces. Besides the smaller caliber it differs from the basic model only in its polymer forearm and side-folding buttstock, as well as an improved muzzle-recoil compensator.

However, despite reliability and simplicity in use and maintenance, the Russian military has never been happy with the rifle, because it demonstrated poor accuracy in unstable positions. The problems are due to the AK's design—its heavy internal mechanical parts move fast when the weapon is fired, producing heavy blowback that disrupts aim . The Avtomat Kalashnikova—or “AK,” as it is officially known—has also been criticized for poor ergonomics, including a nonadjustable buttstock. And use of optical or night sights, as well as other mounted equipment, was limited by the obsolete rail on the left side of the receive

The issue is that the source of the Rifle's legendary reliability, heavy parts traveling relatively long distances with lots of "wiggle" room, also adversely effect accuracy, because they shake the weapon as it fires.

The new rifle, the AK-12, tweaks the action, while improving ergonomics and adding a Picatinny style rail to mount accessories.

What is interesting here is how they are just tweaks, as opposed to some more ambitious developments which used counter-masses to mitigate the felt recoil.

Whiney Beotch of the Day: John McCain

Just in case you don't know, the entire Republican Jihad over Susan Rice and Benghazi is about two things: They desparetely want a real Obama scandal, and they realize that if they kill her nomination to replace Hillary Clinton as Secretary of State, then the likely alternative is John Kerry, which would open up the other Massachusetts Senate seat, to a run by Scott Brown.

Leading the charge are Lindsay "Mincing Fool" Graham, and John "McCrankypants" McCain, and now we find out that McCain skipped a classified briefing on Benghazi in order posture in front of the press:

I have to tell you something that just happened on Capitol Hill, and that is our senate producer Ted Barrett just ran into John McCain and asked about something that we’re hearing from Democrats, which is John McCain is calling for more information to Congress, but he had a press conference yesterday instead of going to a closed briefing where administration officials were giving more information. Well, Ted Barrett asked John McCain about that, and it was apparently an intense very angry exchange and McCain simply would not comment on it at all.

(Emphasis original)

John McCain seems to have spent most of his entire political career in a fit of pique directed at people who he thinks unfairly kept him from becoming president.

Wanker.

Snatching defeat from the Jaws of Victory

Some people call the US Senate, "the World's greatest deliberative body". I call the US Senate, "A petri dish for narcissistic sociopaths," thanks to the need for unanimous consent (of failing that a vote of 60 Senators) to proceed.

Theoretically, the Senate Democrats can change filibuster rules by a simple majority vote at the start of the next Congress.

Unfortunately, it appears that Harry Reid does not have the votes to make a meaningful reform:

Democrats don’t have the 51 votes they need in the Senate to change filibuster rules that could make it harder for the GOP minority to wield power in the upper chamber.

Lawmakers leading the charge acknowledge they remain short, but express optimism they’ll hit their goal.

“I haven’t counted 51 just yet, but we’re working,” said Sen. Tom Udall (D-N.M.), a leading proponent of the so-called constitutional or “nuclear” option, in which Senate rules could be changed by a majority vote.

“We’re building the momentum right now,” Udall said. “It’s hard to say at this point, but I think it’s looking very good. The last two years have really helped coalesce people’s minds around the idea that we need to change the way we do business.”

The problem for Udall and other supporters of filibuster reform is that many veteran Democratic senators remember when the filibuster was a useful tool in their years in the minority.

In the tradition-bound Senate, these veterans aren’t thrilled with changing the upper chamber’s rules, particularly with the use of the controversial constitutional option — which has never been used to change the chamber’s rules.

It's all well and good to respect Senate tradition, but part of that tradition was to use a bit of restraint, and using the filibuster for the little things.

It's sh%$ like this that makes people voting for Republicans.

As repugnant as their agenda, and their values, are at least Republicans are willing to fight for them.

It's Bank Failure Friday!!!

Just one bank this week.

52. Hometown Community Bank, Brazelton, GA

Full FDIC list

So, here is the graph pr0n with last years numbers for comparison (FDIC only):

Sometimes an Ear Worm is a Good Thing

This has been going through my head the whole day.

Yowza!

It's Jobless Thursday!

And the number of initial claims hit an 19 month high, up 79K to 439K.

The consensus is that it was an artifact of the devastation of Frankenstorm Sandy.

In other, probably more significant news, the Euro Zone is back in recession, and ECB president  Mario Draghi is busy suggesting that it's better to cut spending than it is to raise taxes, even though tax cuts have less stimulative effects than does government spending.

I swear, there is not a single economic "authority" in the entire Euro Zone who has any morals at all.

They have all somehow bought into the idea that creating pain for most of the members of a society is somehow an independent good.

Your Republican Profile in Morality of the Day

US Representative, medial doctor, and tea-baggers Scott DesJarlais, is a Republican who ran on family values.

It's not been revealed that he encouraged his wife and a lover to have abortions (yes, plural), and slept with his patients:

A decade before calling himself “a consistent supporter of pro-life values,” Tennessee physician and Republican U.S. Rep. Scott DesJarlais supported his ex-wife’s decision to get two abortions before their marriage, according to the congressman’s sworn testimony during his divorce trial.

Obtained by the Chattanooga Times Free Press, the couple’s 2001 trial transcript also confirms DesJarlais had sexual relationships with at least two patients, three coworkers and a drug representative while he was chief of staff at Grandview Medical Center in Jasper, Tenn. During one affair with a female patient, DesJarlais prescribed her drugs, gave her an $875 watch and bought her a plane ticket to Las Vegas, records show.

DesJarlais spokesman Robert Jameson did not respond to requests for comment. The attorney for the congressman's ex-wife said that at this point she does not have any comments to issue on her ex-husband's testimony.

The transcript corroborates accounts given to the Times Free Press in October by one of the patients who had a sexual relationship with DesJarlais. The newspaper continues to grant her anonymity, along with all the women due to the nature of the testimony.

DesJarlais, a family-values conservative who rode 2010’s tea party wave to Washington, testified his ex-wife’s earlier abortion stemmed from medical concerns.

“... [She] was on an experimental drug called Lupron and was not supposed to have gotten pregnant. There were potential risks. It was a therapeutic,” he said.

DesJarlais backed a second abortion after she returned from a military stint in Saudi Arabia a few years before they married in 1995.

Except for the whole f%$#ing your patients thing (a violation of medical ethics), as a liberal, I support his right to practice his lifestyle.  He has the right to be a pig felching scumbag.

Interestingly enough, Scott DesJarlais thinks that the government should prevent people from practicing his lifestyle.

As Stephen Colbert notes, "Republican Congressman Scott DesJarlais stands adamantly against abortion except when it endangers the political life of the father."

H/t Andrew Rosenthal for the vid.

I Have an Endorsement for President in 2016

The Honorable Martin O'Malley, governor of the state of Maryland:

He said President Barack Obama’s re-election was a “pretty strong signal” to Republicans that voters want them to drop what he described as “obstructionist” positions on issues such as immigration.

On the fiscal cliff, he said, “I am hopeful that [Republicans] see that writing on the wall and will want to do [a deal] sooner rather than later in order to shed their sort of Tea Party obstructionist stench.”

(emphasis mine)

I shook his hand, and exchanged about a dozen words with him at Hanukkah House (It's a Baltimore thing) in 2003, and I thought that he was going to be President one day.

The fact that he's bringing it, I can't imagine another Democrat with national profile using the word, "Stench" to describe his opponents.

We need more of this.

In fact, I want him to choose Alan Grayson as his running mate. (Not gonna happen)

Deep Thought

Oh Crap!

Israel just killed Ahmed al-Jabari, head of Hamas' al-Qassam Brigades, and they posted the video on Youtube.

This is going to get ugly.

Stewart Misses the Point

Jon Stewart faults his own journalistic chops on l'affaire Petraeus:



Yes, he interviewed Paula Broadwell, and did not pick up anything untoward, but so did a lot of people.

What he has is enough self-awareness to realize that he missed a big story.

It could be worse. Robert MacNeil, formerly of the MacNeil/Lehrer report, on November 22, 1963, at Dealy Plaza, he ran into a man, and asked where he could find a phone.

The man he ran into was Lee Harvey Oswald.

Journalists don't have any more senses than the rest of us, and Jon Stewart has an almost unrivaled ability to call out bullsh%$ in a clear and concise matter.

I do think, and Jon Stewart would agree, that it's f%$#ed up that a comedian is arguably one of the finest journalists on cable today, but we are living in a f%$#ed up world.

Paul Ryan Assumes the Role of a Scooby Doo Villain Bigot

They tore off the mask, and Paul Ryan's response was, "I would have gotten away with it too, if it weren't for those meddling N*****s:

Representative Paul D. Ryan of Wisconsin on Monday blamed Democratic turnout in “urban areas” for the loss by the Republican presidential ticket last week, saying he was surprised that he and Mitt Romney did not do better in the nation’s big cities.

“The surprise was some of the turnout, some of the turnout especially in urban areas, which gave President Obama the big margin to win this race,” Mr. Ryan said in an interview with WISC-TV. “When we watched Virginia and Ohio coming in, and those ones coming in as tight as they were, and looking like we were going to lose them, that’s when it became clear we weren’t going to win.”

The remarks prompted scorn from some liberals who viewed Mr. Ryan as blaming inner-city minorities for the Republican defeat.

Including this liberal.

What a miserable excuse for a human being.

I Gots to Get Me a Super PAC

Stephen Colbert retires his Super Pac, and talks with his lawyer.



Spoiler: He gets to keep all the money and do whatever he wants with it.

I am laughing and wicked pissed off.

Support Gay Marriage

The folks at College Humor are all over this.

Who Knew that I Would Be the Proprietor of a Cat House?

No, I don't mean a house of prostitution, I mean a house for cats.

You may recall that I have a bit of a cat infestation.

We have still been unable to figure out how the cat is getting in, so I'm attempting to provide an alternative place to escape the weather.

The first floor overhangs the basement by about 2 feet, so I've used some plywood to make a shelter, where we can set out food, and the feral cats in the neighborhood can shelter there.

Hopefully RP, the cat that has found a way to break into our house, will find this a suitable alternative, and stay the F%$# out of my house.

(on edit)

I added a picture of the little cat shelter. It's not painted, but the cats don't care.

Also, as to the folks that would argue that my making a cat-house would be giving into terrorists, all I can say is, "Welcome to life with cats." It is what it means to love cats.

Who Knew that Big Bird Came from Jersey?

Signs of the Apocalypse

James Fallows of The Atlantic, has written the following:

For the first time in my conscious life, the Democratic party is now more organized and coherent, and less fractious and back-biting, than the Republicans. It is almost stupefying to imagine that.

OMFFSM!^*

He's right, and it's a sign of the end of times.

I fully expect cats to start sleeping with dogs.

^*Oh My F%$#ing Flying Spaghetti Monster.

OK, This is F%$#ing Nuts………

The US Army's next infantry combat vehicle, the successor to the Bradley is set to weigh more than an M-1 tank:

What may weigh more than an M1 Abrams tank and carry 12 soldiers? The Army's Ground Combat Vehicle. New weight estimates for GCV, released this week by the Congressional Budget Office, will likely go over like a lead ballon with the program's critics in Congress and in the Army itself.

Depending on the model and add-on armor package, an M1 weighs 60 to 75.5 tons. According to the CBO report, the General Dynamics design for the GCV weighs 64 to 70 tons. BAE s proposal is still heavier, at 70 to 84.

There's a tactical reason for all this weight: It's armor. The Ground Combat Vehicle is supposed to replace the Army's current frontline infantry carrier, the M2 Bradley, carrying more foot troops in back -- nine instead of six -- and protecting them better against everything from rocket-propelled grenades to roadside bombs. Even the most heavily uparmored models of the M2, at almost 40 tons, proved too vulnerable for the worst streets in Baghdad during the "surge," so commanders often sent 70-plus-ton M1s to clear the way. Even some of those M1s blew up, in part because the insurgents could build huge improvised explosive devices, in part because the M1's armor is mostly on the front to protect against enemy tanks, not on the underside.

Let's start with the first thing: The Bradley could carry 9 troops if they went with an unmanned remotely operated turret, (see also here) which eliminates the gunner, and his station, which rotates along with the turret.

Even the Israeli Namer, the highest weight IFV in the world, does not top 60 tons, and unlike the US army, they do not have to deploy half way around the world.

It should also be noted that the Nammer does not carry an autocannon in the turret, it carries either a .50 cal machine gun or 40mm grenade launcher, because the Israelis realized that they would have to reduce the armor levels to keep the weight to a manageable level.

The US army should separate what it wants from what it needs, as the Israelis did.

If they do that, and avail themselves of new developments in armor that are in the pipeline, they could keep the weight below 60 tons.

Deep Thought

Link

I Haz a Sad

The Big E has finished its last tour, and it will be decommissioned and scrapped:

ABOARD THE USS ENTERPRISE - The world's first nuclear-powered aircraft carrier ended its remarkable career at sea on Sunday when it pulled into its home port for the final time after participating in every major conflict since the Cuban Missile Crisis of 1962.

The USS Enterprise began shutting down its eight nuclear reactors almost as soon as it arrived at its pier at Naval Station Norfolk in Virginia, where thousands of cheering family members and friends welcomed the ship home from its 25th and final deployment after nearly eight months at sea. The ship will never move on its own power again and will eventually be scrapped in Washington state.

………

The Navy will officially deactivate the Enterprise on Dec. 1, but it will take several more years for it to be decommissioned as its reactors are taken out. About 15,000 people are expected to attend the deactivation ceremony, which will be its last public ceremony after several days of tours for former crew members.

It's Bank Failure Friday!!!

And here they are, ordered, and numbered for the year so far.

50. Heritage Bank of Florida, Lutz, FL
51. Citizens First National Bank, Princeton, IL

Two more banks this week.

Full FDIC list

So, here is the graph pr0n with last years numbers for comparison (FDIC only):

How is Karl Rove Different From Solyndra?

I'm not sure, and neither are the rich pigs who donated to Crossroads GPS.

Petraeus Resigns

He resigned as head of the CIA after admitting to having an affair, and it is rumored that she may have had access to his emails.

Great Googly Moogly.

Over ½ Million Uncounted Ballots?

In Arizona there are over 600,000 uncounted ballots state wide, both early votes and provisional ballots.

It appears that the problems with people voting in person were worst in the precincts with the highest level of minority voters.

Arizona is one of the states required by the Voting Rights Act to pre-clear, what a surprise.

F%$# That

Yes, I am quoting Repo Men

John Boehner is say that
tax cuts for the rich should be extended for a year as a start of negociations:

Obama’s proposal is at odds with the position of House Speaker John Boehner, who earlier Friday said all the tax cuts -- including those for the rich -- should be extended until next year to provide more time to work out a bigger deal on taxes and spending cuts.

``I’m proposing that we avert the fiscal cliff together in a manner that ensures that 2013 is finally the year that our government comes to grips with the major problems that are facing us,’’ Boehner said.

I will make a point here: John Boehner cannot be trusted, so tax increases on the rich pigs^™ need to be passed at the start.

I should be clear here:  I do not mean that the Orange Avenger of Congress^® is tremendously dishonest by the standards of the Republican party,^* but rather that he is incapable of keeping his promises, because is arguably the most incompetent and most ineffectual House Speaker in at least the past 100 years.

If he promises something, get it in your hand before moving on to the next item.

^*Which is kind of like saying that he is the world's tallest midget.

John Roberts Looks to Keep Pigment Rich Folks From Voting

It's no surprise that mere days after non white voters gave Democrats their margin of victory in the Presidential and Senate elections, the Roberts court has decided to review the voting rights act:

The Supreme Court agreed on Friday to review a legal challenge to the Voting Rights Act, a landmark law adopted in 1965 to protect African-American voters who had faced decades of discrimination at the polls.

The court's decision comes just days after a presidential election in which Latino and African-American voters played a big role in re-electing Democratic President Barack Obama, reflecting a basic shift in national demographics.

The high court accepted an appeal brought by Shelby County, Alabama, challenging a core provision of the act that requires nine states and several local governments with a history of bias to get federal permission to change their election procedures.

Arguments in the case will likely be heard by the Supreme Court in early 2013, with a decision expected by the end of June.

Some justices on the nine-member court, including Chief Justice John Roberts, have signaled in earlier cases discomfort with policies that draw distinctions based on race.

In a 2009 Voting Rights Act case, the Supreme Court avoided ruling on the law's constitutionality. The court suggested that the federal "preclearance" requirement may no longer be needed or constitutional. Roberts, dissenting from a 2006 voting-rights decision, criticized what he called "a sordid business, this divvying us up by race."

………

Make no mistake here, this is the conservative wing of the supreme court looking to get Jim Crow voting regulations going again, because it favors conservatives in elections.

"The America that elected and reelected Barack Obama as its first African-American president is far different than when the Voting Rights Act was first enacted in 1965. Congress unwisely reauthorized a bill that is stuck in a Jim Crow-era time warp," he [Edward Blum, professional bigot and American Enterprise Institute Scholar^*] said in a statement.

Yes, Mr. Blum, no racism in the good old USA. 

You might want to check out the Jezebel post, "Twitter Racists React to 'That Nigger' Getting Reelected."

^*But I am repeating myself.

Why Do Conservatives Keep Defending Child Rapists

First, it was the Catholic Church, and now it's the Conservative Party in the UK which is trying blame the victims and those reporting the abuse:

Downing Street has denounced “trial by Twitter” and a “silly stunt” by the ITV presenter Phillip Schofield who ambushed David Cameron live on air by handing him an internet-sourced list of suspected paedophiles - causing a shocked Prime Minister to complain of a “witch hunt” against gay people.

Schofield was forced to apologise after it emerged he had “misjudged the camera angle” and the names of several former senior Conservative politicians were visible on a card which he thrust into the hands of the Prime Minister before an audience of around 1.2 million. “You know the names on that piece of paper,” the This Morning presenter told the Prime Minister. “Will you be speaking to those people?”

The presenter claimed to have found the names of the Conservative Party figures in “three minutes” during a “cursory glance at the internet” for details of a scandal relating to abuse at children’s homes in north Wales during the 1970s and 1980s.

It's been about 30 years since this all happened, so I'm not sure why they are going into full stonewall mode over this, unless a major Tory icon of that period, was somehow involved in the original abuse or the original cover up.


H/t Atrios.

We've Always Been at War with Eastasia

The Pentagon is claiming that Iranian aircraft fired on a US drone while in international airspace:

Iranian warplanes shot at an American military surveillance drone flying over the Persian Gulf near Iran last week, Pentagon officials disclosed Thursday. They said that the aircraft, a Predator drone, was flying in international airspace and was not hit and that the episode had prompted a strong protest to the Iranian government.

The shooting, which involved two Russian-made Su-25 jets known as Frogfoots, occurred on Nov. 1 and was the first known instance of Iranian warplanes firing on an American surveillance drone. George Little, the chief Pentagon spokesman, said the Defense Department’s weeklong silence about the episode was a result of restrictions on the discussion of classified surveillance missions. He answered questions about it during a Pentagon news conference on Thursday only after it had been reported by news organizations earlier in the day.

Even so, the failure to disclose a hostile encounter with Iran’s military at a time of increased international tensions over the disputed Iranian nuclear program — and five days before the American presidential election — raises questions for the Obama administration. Had the Iranian attack been disclosed before Election Day, it is likely to have been viewed in a political context — interpreted either as sign of the administration’s weakness or, conversely, as an opportunity for President Obama to demonstrate leadership.

………

“Our aircraft was never in Iranian airspace,” Mr. Little said. “It was always flying in international airspace.”

Yeah, right.

We Finally Find Some Vote Fraud

And it's a Republican:

Authorities in New Mexico are investigating an Albuquerque father who allegedly showed up at a polling place to vote on behalf of his 18-year-old son, news station KOB reported on Tuesday night.

According to Bernalillo County Clerk Maggie Toulouse Oliver, elections workers got suspicious when the silver-haired father showed up to vote and told them he was born in 1994. He was still allowed to cast a ballot, but the workers took down his license plate number when he left. Later, he showed up at a different location and voted under his own name, according to KOB.

………

The elder Pino later called Schwartz to tell him he had made a mistake by voting on behalf of his son, but said his son had given him permission. Both were registered as Republicans at the same Albuquerque address, according to KOB.

Seriously, how many times have I said that the 'Phants are like the Soviets, in that you know what they are doing, because they accuse us of doing it?

Un-dirtyword-believable.

Oh to Be a Fly on the Wall

I would love to dial into this conference call:

Karl Rove’s Crossroads outfit is holding a phone call for its big donors Thursday to sum up the race, said Stan Hubbard, a Minnesota media mogul and mega-donor. “Obviously, somebody made a mistake and didn’t do things right. There’s no question about that,” he said.

One would assume that at least a couple of these billionaires are not complete drooling morons, and they might be aware that any number of people have started to notice that Karl Rove, and the rest of the Republican "consultants" have more in common with bunko artists than they do with actual political operators.  (see here, here, and here)

I have the feeling that they will not be pleased with their return on investment.

It's Jobless Thursday

Decent numbers, 355K initial claims, but Hurricane/Frankenstorm is screwing with the numbers.

Reid Just Threw a Brush Back Pitch at Barack Obama

To which I say good for him:

Nevertheless, getting to a deal won’t be easy — especially if Democrats refuse to entertain cuts on entitlements. Speaking to reporters after the news conference, Reid wouldn’t say whether Democrats would be open to cutting Medicare benefits, but he said that Social Security wouldn’t be touched.

I'm not surprised that he said this.

He picked up seats while defending twice as many seats as Republicans, and the incoming Senators are more liberal than their predecessors, and the only "Democrat" who might have been eager to take point on this, Bob Kerrey, lost his race for Senate.

More Election Updates

Allen West, crazy man and war criminal (literally), gone.

Democrat Jon Tester, reelected from Montana, (!) in a victory for retro hair styles.

More interesting were the initiative elections.

Let's start with Maryland, where gambling expansion and gay marriage passed.

On the gay marriage front, Maine and Washington also passed gay marriage, and in Minnesota, voters defeated an anti gay marriage constitutional amendment.

In California, things actually turned out better than I expected, with Democrats getting a super-majority in both houses of the legislature, meaning that they can raise taxes, and on initiatives, Jerry Brown's tax increase passed, as did a moderation of their three strikes law, closing corporate tax loopholes, enhanced penalties for human trafficking, and non-partisan redistricting.

It's kind of remarkable for California, nothing really stupid passed, though I am bumming a bit over the fact that death penalty repeal failed (by only 5%), and the ratf%$#s at Monsanto managed to kill the genetically modified foods labeling law.

Most importantly, California decisively defeated the labor union muzzling initiative(aka "paycheck prediction").

Not a bad evening.

Deep Thought

H/t Neo at the Stellar Parthenon BBS.

Stephen Colbert Calls it For Obama

So it's over.

Dems hold onto the Senate, and Tammy Baldwin beat Tommy Thompson in Wisconsin.

In Maryland, the Dems picked up a seat in Congress, and the octogenarian neanderthal Roscoe Bartlett was defeated.

In the initiatives, the MD Dream Act passed,  and gay marriage and gambling are still too close to call.

Election Results that Make Me Smile………

Alan Grayson, who brought the pain to the Congressional Republicans, is headed back to the House, and on the Senate side, Elizabeth Warren and Sherrod Brown, who arguably is the primary representative of the democratic wing of the Democratic Party in the Senate.

Since This May Be Irrelevant in a Few Hours

This is PressTV, the Iranian goverment's English language TV channel, and the author is Gordon Duff, who his controversial to say the least, but his allegation that the recent relieving of a significant number of military officers was because of a coup plot:

The Obama administration has had American military, both on domestic and foreign bases on high alert since October 1. However, there has been no known terrorist enemy threatening the US. The enemy is called “domestic” but its origins are far from American.

Today, Rear Admiral Charles M. Gaouette was “fired” from his command of one of the three carrier battle groups back to Bremerton, Washington to face an investigation.

It is impossible to adequately state how unusual this is and how serious.

The Navy was clear that the charges had nothing to do with his personal conduct, no rape or sexual misconduct, no stolen money, no drug use, the things that usually bring down careers in the Navy, that and crashing ships into each other.

Gaouette was sent back because the Secretary of Defense found him unfit for command, sent him across the world in the middle of one of the largest combat exercises in history, one both timed prior to an election and one at a critical location, near the Straits of Hormuz in the Persian Gulf.

Gaouette commanded nearly one third of the Naval and air combat forces in the region.

The decision was made based on a conversation with the Secretary of Defense who, at the end of the talk, believed Gaouette was part of a group of military officers who have been under suspicion for planning a “Seven Days in May” type overthrow of the US government if President Obama is re-elected.

Official sources list this as allegations of inappropriate judgement.

I don't know what sort of "inappropriate judgement" would have the admiral in charge of the 2 carrier task force relieved and flown off his ship while at sea in the Persian Gulf.

I would note that the right wing "black helicopter" theory, that he was fired because he was forbidden to conduct an air strike in Libya.  But at the time his ship, the Stennis, was not in the Gulf, it was in the Western Pacific, well outside of any carrier based aircraft's range.

Additionally, we have, "Cmdr. Joseph E. Darlak and top officers of the San Diego-based Navy frigate USS Vandegrift" been relieved for "alcohol issues" during a port call in Vladivostok.

You mean that sailors on leave in Vladivostok would drink on liberty in Russia?

This is weird.

God Bless The Onion

Undecided Voter Pretty Sure He’s Some Kind Of Idiot

H/T JR at the Stellar Parthenon BBS.

The Election Night Drinking Game

I'm not doing Alcohol tonight, so instead I'm going to take an additional shot of Siracha (Rooster) Sauce in my salsa each time I hear "Razor thin margin".

I fear that my butt will look like the Japanese war flag by tomorrow morning.

My Musical Theme for Tonight's Election

Roll the Ramones, I wanna be sedated:



I just want this to end!!!

Harry Reid was Right

Bloomberg is reporting that Mitt Romney rented the Mormon Church's nonprofit status to avoid taxes, meaning that he probably paid next to no taxes for the decade ending in 2009:

In 1997, Congress cracked down on a popular tax shelter that allowed rich people to take advantage of the exempt status of charities without actually giving away much money.

Individuals who had already set up these vehicles were allowed to keep them. That included Mitt Romney, then the chief executive officer of Bain Capital, who had just established such an arrangement in June 1996.

The charitable remainder unitrust, as it is known, is one of several strategies Romney has adopted over his career to reduce his tax bill. While Romney’s tax avoidance is legal and common among high-net-worth individuals, it has become an issue in the campaign. President Barack Obama attacked him in their second debate for paying “lower tax rates than somebody who makes a lot less.”

In this instance, Romney used the tax-exempt status of a charity -- the Mormon Church, according to a 2007 filing -- to defer taxes for more than 15 years. At the same time he is benefiting, the trust will probably leave the church with less than what current law requires, according to tax returns obtained by Bloomberg this month through a Freedom of Information Act request.

In general, charities don’t owe capital gains taxes when they sell assets for a profit. Trusts like Romney’s permit funders to benefit from that tax-free treatment, said Jonathan Blattmachr, a trusts and estates lawyer who set up hundreds of such vehicles in the 1990s.

Near Zero

“The main benefit from a charitable remainder trust is the renting from your favorite charity of its exemption from taxation,” Blattmachr said. Despite the name, giving a gift or getting a charitable deduction “is just a throwaway,” he said. “I used to structure them so the value dedicated to charity was as close to zero as possible without being zero.”

It would have been nice if the press had gotten this earlier, but it sure looks like Rmoney's tax returns have been kept under wraps because he lied when he claimed that he was paying a reasonable amount of taxes.

This is Huge

A Judge in Australia has just found Standard and Poors liable for bad investments:

I’d never heard of Australian federal judge Jayne Jagot before today, but she’s my new favorite jurist, thanks to her decision in a recent court case which was brought against ABN Amro and Standard & Poors.

The coverage of the decision (Quartz, FT, WSJ, Bloomberg, Reuters) concentrates, as it should, on the hugely important precedent being set here: that a ratings agency — in this case, S&P — is being found liable for losses that an investor suffered after trusting that agency.

S&P is appealing the decision, which runs to an astonishing 635,500 words, or almost 1,500 pages: it’s literally longer than War and Peace. At this point, it’s fair to assume that Jagot is one of the world’s foremost experts on structuring and rating CPDOs — crazy derivative instruments which had a brief moment of glory at the end of 2006 before imploding spectacularly during the financial crisis. And helpfully, her decision begins with a 56-paragraph summary of her findings, which lays out exactly how culpable and incompetent S&P really was.

Needless to say, I have not read the whole opinion, though I did look at the summary, which was eye glazing on its own.

The substance of this ruling is that:

• ABN Amro had a model of risks and return that was crap.
• And S&P used it without any consideration as to the quality of the model.
• The data that ABN Amro used in this model was complete crap.
• And S&P used used it without any consideration as to the quality of the data.

Basically, we are talking about is willful blindness, which does not eliminate culpability, and willful blindness is at the core of the the ratings agencies business model.

Here is hoping that this survives appeal.

Some Navel Gazing on My Part

I've been fairly clear on this blog that I think that various actions of Obama renders him unfit to be President.^*

I also understand that there are people who make arguments that could be called compelling to vote for him, most notably the Rude Pundit's, "In the End, Vote for Obama Because F%$# Romney,"^† (%$# mine)  because Mitt Romney is unfit to be President as well.

While I was in Ashland, I talked with my dad about this, and explained to him my position, and further explained that, living in Maryland, I had no moral dilemma, because my vote for President had not consequence.

He asked me what I would do if I lived in a battleground state, and I responded, "That way madness lies."

My was flip, and it was a cop out. 

I simply don't know what I would do if I lived in Ohio, or Virginia, or Florida,^‡ or New Hampshire, or Wisconsin, or Colorado, or Iowa, and any statement that I might make would be self serving and shallow, and ultimately meaningless.

What I'm saying here is that, on this matter, if you think that I'm full of sh%$, then I'm full of shit, and if you think that I have a f%$#ing point, then I have a f%$#ing point. 

There are any number of times where I make an argument that is fact based, and I try my best to supply links to those facts, but this is not one of those times.

I think that I'm right, but opinions are like assholes, everyone has one.

^*Normalizing torture by refusing to prosecute, his war on whistle-blowing, his steadfast refusal to prosecute the malefactors of wealth, his assertions of a executive authority that makes Dick Cheney look mild, etc.
^†H/t Cthulhu for the catch.
^‡OK, I know what I would do if I lived in Florida, I would kill myself.

Cloud Computing, RIP

The Department of Justice is now arguing that you have no property rights whatsoever to your data if you use cloud storage:

Yesterday, EFF, on behalf of its client Kyle Goodwin, filed a brief proposing a process for the Court in the Megaupload case to hold the government accountable for the actions it took (and failed to take) when it shut down Megaupload's service and denied third parties like Mr. Goodwin access to their property. The government also filed a brief of its own, calling for a long, drawn-out process that would require third parties—often individuals or small companies—to travel to courts far away and engage in multiple hearings, just to get their own property back.

Even worse, the government admitted that it has accessed Mr. Goodwin's Megaupload account and reviewed the content of his files. By doing so, the government has taken a significant and frightening step. It apparently searched through the data it seized for one purpose when its target was Megaupload in order to use it against Mr. Goodwin, someone who was hurt by its actions but who is plainly not the target of any criminal investigation, much less the one against Megaupload. This is, of course, a bald attempt to shift the focus to Mr. Goodwin, trying to distract both the press and the Court from the government's failure to take any steps, much less the reasonable steps required by law, to protect the property rights of third parties either before a warrant was executed or afterward. And of course, if the government is so well positioned that it can search through Mr. Goodwin's files and opine on their content—and it is not at all clear that this second search was authorized—presumably it can also find a way to return them. .

But in addition, the government's approach should terrify any user of cloud computer services—not to mention the providers.  The government maintains that Mr. Goodwin lost his property rights in his data by storing it on a cloud computing service.  Specifically, the government argues that both the contract between Megaupload and Mr. Goodwin (a standard cloud computing contract) and the contract between Megaupload and the server host, Carpathia (also a standard agreement), "likely limit any property interest he may have" in his data.  (Page 4). If the government is right, no provider can both protect itself against sudden losses (like those due to a hurricane) and also promise its customers that their property rights will be maintained when they use the service. Nor can they promise that their property might not suddenly disappear, with no reasonable way to get it back if the government comes in with a warrant. Apparently your property rights "become severely limited" if you allow someone else to host your data under standard cloud computing arrangements. This argument isn't limited in any way to Megaupload -- it would apply if the third party host was Amazon's S3 or Google Apps or or Apple iCloud.  

(emphasis original)

So basically, if a prosecutor decides to go after one person using a cloud service, then they could take down the entire service, and if you do not like it, tough, you have no property rights.

Having your property seized at the whim of a prosecutor is antithetical to the very idea of the rule of law.

Still bullish on cloud storage?

H/t Ecop at the Stellar Parthenon BBS.

Chinese Claim Confirmation of Propellantless Propulsion Breakthrough

Click for full size

---

It looks like a steam punk's wet dream

The thrust is very similar to that of ion, in the millinewton range, but if this works, the ISP (seconds of thrust per pound of propellant) for such a system is literally infinite (paid subscription required):

Chinese scientists appear to have validated a propellentless space propulsion technology previously branded as impossible. Based on earlier British research, it is averred that the EmDrive concept provides sustained thrust at low cost and weight, but this has yet to be accepted even as a workable theory by the wider propulsion community.

The EmDrive story started in 2001 when engineer Roger Shawyer set up Satellite Propulsion Research (SPR) to exploit his new concept in electrical propulsion. He was helped by a modest grant from the U.K.'s now defunct Trade and Industry Department.

Space propulsion relies on Newton's laws of motion: propellant is ejected backward at high velocity, and the craft is pushed forward with equal and opposite momentum. Even with high exhaust velocity, such as ion drives ejecting particles at 30 km per second (more than 62,000 mph), the mass of propellant is a limiting factor.

Shawyer's EmDrive does not have any exhaust. It consists of a tuned cavity shaped like a truncated cone into which resonating microwaves are channeled. Like other radiation, these exert a tiny pressure when reflected off a surface. According to Shawyer, the pressure exerted on the large end of the cavity is greater than the pressure on the small end, producing a net thrust.

………

The result , 720 mN, is just 2.5 oz. of thrust, but satellites often work with less. Boeing's advanced XIPS thruster , which fires out Xenon ions at high speed, achieves 165 mN of thrust from 4.5 lb. It weighs 35 lb., more than an equivalent EmDrive, and the propellant for prolonged operation can weigh much more.

XIPS and EmDrive can both run off solar electricity, but the EmDrive never runs out of propellant. Propellant to maintain satellite position is a major weight contribution; Shawyer suggests that the EmDrive could halve the cost of geostationary satellites .

Either this is a massive fraud, or it will have major impact on satellite launches.

For interplanetary probes, it could be revolutionary, cutting times and costs by something like an order of magnitude.

I'd wait for more independent verification though. The Chinese seem to be playing their results pretty close to the vest, which in and of itself is suspicious.

Romania Discovers that the Euro Sucks Wet Farts from Dead Pigeons………

Romania is technically required to join the Euro at some point, but considering that they can set the date, my guess would be that date will be decades, if not centuries in the future:

………But as the euro crisis has deepened, it has also helped that Romania and the others have kept their own currencies.

That has given these still-developing countries a host of advantages, while many economists believe the euro zone’s one-size-fits-all monetary policy has hampered Ireland, Greece and Spain in restarting their moribund economies. Indeed, many of the post-Communist states are having strong second thoughts about their long-running goal of joining the euro.

Mugur Isarescu, the governor of the National Bank of Romania, said in an interview that maintaining its own currency had given Romania the flexibility to set interest rates, control liquidity and allow the currency to depreciate to help rein in the deficit. In the absence of control over monetary policy, he noted, euro zone countries like Greece are forced to rely primarily on fiscal policy: taxing and spending.

“Of course there is a backlash and disappointment because E.U. accession was seen as a panacea,” he said. “The dreams were too high.”

In Romania’s case, maintaining its cheaper currency, the lei, has made its exports — two-thirds of which go to the euro zone — more competitive and given it a lower cost of living that has made the country a sudden draw for highly qualified workers from struggling euro zone countries.

………

Seven of the 10 former Communist countries in the European Union have yet to adopt the euro. The Czech Republic, which uses the koruna, wants a referendum before joining and has cited 2020 as the earliest target date. Hungary has stuck with its currency, the forint, and said it would not adopt the euro before 2018. In Poland, Prime Minister Donald Tusk recently deemed the euro “completely unattractive.”

Romania’s previous target for joining the euro zone, in 2015, is now “out of the question,” is actually Mr. Isarescu said.………

The Czech Republic is potentially the most interesting case.

They have a very real possibility, both by virtue of their location and history, of becoming a manufacturing powerhouse that could be a very serious competitor to Germany.

If the Czech Republic drags its feet on Euro accession, and they start grabbing market share from the Germans, one wonders when the German politicians will start sounding more "Mediterranean".

Bill Keane is Strange Beyond Fathoming………

This is a real Family Circus cartoon.

If someone like Gary Larson, or Jim Meddick did this, I could understand, but this is freaky in a very bizarre way.

I'm beginning to think that if Bill Keane had taken a slightly different course in his life, he would be the heir to H.P. Lovecraft's legacy.

H/t JR at the Stellar Parthenon BBS.

OK, the Voting Video Uploaded This Time

To repeat myself:

It actually turns out to be mostly video of me standing in line, and my phone ran out of juice before I got the the ballot box.

But here it is, and I insult Greens, Ron Paul Supporters, William Donald Schaefer, Paris Glendenning, and Rosanne Barr:

I Did Promise You Video of Me Voting………

It actually turns out to be mostly video of me standing in line, and my phone ran out of juice before I got the the ballot box.

But here it is, and I insult Greens, Ron Paul Supporters, William Donald Schaefer, Paris Glendenning, and Rosanne Barr:



OK the video refused to upload. I will try again later.

Greek Journalist Acquitted

Costas Vaxevanis, who was persecuted prosecuted for publishing a list of Greeks with large Swiss bank accounts, has been acquitted:

A Greek journalist who published the names of more than 2,000 of his compatriots who held Swiss bank accounts was acquitted on Thursday in a case that touched a nerve over the role of tax evasion in the country's debt crisis.

The trial of Costas Vaxevanis, editor of the weekly Hot Doc magazine, had aroused international concern and intense interest among Greeks hit by the impact of the country's economic collapse and angry at the privileges of the elite.

He could have faced up to two year years in prison on charges of violating data privacy laws that Vaxevanis said were politically motivated and the result of politicians protecting an "untouchable" wealthy class.

His speedy arrest and trial following publication of the "Lagarde List" at the weekend - so named for Christine Lagarde, the head of the International Monetary Fund - touched a nerve in near-bankrupt Greece, where rampant tax evasion is undermining a struggle to cut public costs and raise revenue under an EU/IMF bailout deal.

It also enraged many who are already furious over the failure of consecutive governments to crack down on the rich while years of recession have wiped out a fifth of economic output and hammered middle-class living standards.

As the old saying goes, "A fish rots from the head."

Former IMF chief economist Simon Johnson notes, in situations like this, the first priority really has to be breaking the grip of the corrupt elites has over society and over the economy.

That is not going to happen, because the Greek leadership is incapable of doing this, and the corrupt elites in the rest of the EU do not want someone telling regulators where the bodied are buried.

Krugman is On Fire

His referring to the Republican Party as The Blackmail Caucus is prize:

But are we ready to become a country in which “Nice country you got here. Shame if something were to happen to it” becomes a winning political argument? I hope not. By all means, vote for Mr. Romney if you think he offers the better policies. But arguing for Mr. Romney on the grounds that he could get things done veers dangerously close to accepting protection-racket politics, which have no place in American life.

I prefer to think of them as hostage-taking terrorists, but Krugman is eloquent and to the point.

Go Read.

Headline of the Day

Romney campaign hiding George W. Bush offshore in the Caymans

Visit NBCNews.com for breaking news, world news, and news about the economy

It's Bank Failure Friday!!!

It's been a pretty busy week.

First, the FDIC insured institutions. Here they are, ordered, and numbered for the year so far.

48. Heritage Bank of Florida, Lutz, FL
49. Citizens First National Bank, Princeton, IL

Full FDIC list

Also, we had 3 credit union closings:

11. ​U.S. Central Bridge Corporate Federal Credit Union, Lexana, KS
12. El Paso Federal Credit Union, El Paso, TX
13. Women’s Southwest Federal Credit Union, Dallas, TX

Note that the U.S. Central Bridge Corporate Federal Credit Union is a corporate credit union, which means that they are a credit union for the consumer credit unions, which serve the public, and provide services like account clearing and liquidity, so it's kind of a big deal.

Full NCUA list

So, here is the graph pr0n with last years numbers for comparison (FDIC only):

Good Job Numbers today

171,000 new jobs, a lot better than forecast, and the August and September numbers were revised upward by 84,000.

Unemployment rose from 7.8% to 7.9%, largely because of discouraged workers becoming "un-discouraged" and restarting their job search.

Good news for Obama/bad for Rmoney.

Normally, I Just Think of Chris Christie as a Loudmouth and a Bully, But………

Props for his tweet.

2¾ Hours………

I did early voting today. The line was huge.

I, or more accurately my evil minion/cameraman/son Charlie, shot a video until my phone ran out of juice.

I will put this on the most boring Youtube Channel ever^™ as soon as I finish editing it.

I wrote in Jon Stewart. (I am so glad that I live in Maryland)

Read Yves Smith

She gives a very well written, and well deserved, takedown of Jon Corzine, and how the financial journalism establishment like the Wall Street Journal sees fit to enable his incompetence and law breaking.

Go read,

Just in Time Inventory Gives Unions a Tool

It appears that someone in the labor union movement has realized that with modern lean inventories, labor unions have another lever to use against recalcitrant management:

The recent Walmart strikes — beginning first among warehouse workers in California, then spreading to others in Elwood, Illinois, and finally to Walmart retail stores across the United States — raise the possibility that workers may be able to crack the anti-union wall at the country’s largest employer. The new momentum seems likely to spread among many more workplaces to come. But these wildcat strikes are a reminder that, if American workers are to have a better-organized future, they will have to better understand where their corporate opponents are vulnerable.

The Walmart strikes are part of a significant reevaluation of organizing strategy by labor unions and activists in the context of the continuing decline of unionism in the United States — where fewer than 7 percent of workers in the private sector belong to a union. As Nadine Bloch pointed out two weeks ago, such wildcat strikes on multiple levels of the supply chain at Walmart are unprecedented, and groups like OUR Walmart and Warehouse Workers for Justice are planning to escalate the campaign in the coming weeks.

………

Workers at key points in the supply chain can create massive disruptions in the process. A report conducted in 2002 found that a West Coast longshoremen lockout cost the U.S. economy $2 billion daily. And, in the recent strike of just two dozen subcontracted Walmart warehouse workers in Elwood, Illinois, the strikers heard reports from allies at Walmart retail stores in the region that there were already shortages of goods. This occurred less than 10 days into the strike, Elwood warehouse worker Mike Compton told me.

By focusing on key links in the supply chain, and by using a strike at the beginning of an organizing campaign instead of at the end, Walmart workers are not only taking advantage of the company’s 21st-century weaknesses. They’re also harkening back to an earlier form of union organization, which was far more common prior to the passage of the Wagner Act of 1935.

I'm not sure if I'm heartened, or alarmed that the union movement has to go back to the tactics of the early 1930s.

It's Jobless Thursday!!!

Initial jobless claims fell by 9K, and the 4-week moving average fell slightly too, though continuing claims and extended claims rose. (Half good, half "meh")

Just be glad that we are not in the Euro zone, where the Euro zone unemployment rate hit a record high.

 In other news, consumer confidence hit a 5 year high, and the Institute for Supply Management's manufacturing index rose to a 5 month high.

Of course, the big news will the the NFP numbers that drop at 8:30am EDT tomorrow.

Tucker Carlson, Your Kung Fu is Weak

Yes, Tucker Carlson's Daily Caller has announced what must be the least poorly sourced and lamest sex "scandal" of this election season (No direct link to his clown show, ever):

Tucker Carlson's website The Daily Caller is taking a shot at the October Surprise game, accusing New Jersey Senator Robert Menendez of soliciting prostitutes while on a trip to the Dominican Republic. According to videotaped interviews with two anonymous women published on the website last night, Menendez agreed to pay the women $500 for sex during a visit to the country earlier this year. They identified the Senator from a picture, but said they were only given $100 after being brought to see him at a fancy resort on the island. A spokesperson for Menendez, who is up for re-election on Tuesday, calls the story "completely false."

Why is this lame? Or, more accurately why is this lame for reasons onther than being "broken" by the Daily Caller?

How about this:

There are also a few other factors working against them in this story, like the fact that Menendez is not married (so there's no infidelity angle), prostitution is technically legal in the Dominican Republic, and the solid Democratic state that he serves is a little distracted by other matters right now. However, Menendez was one of the Senators who called on Secret Service agents that reportedly hired prostitutes in Colombia to be fired.

So, in the worst case, he did not cheat on his wife, and he did not break the law.

What's more, beyond the complaints of the two women, the Daily Caller did not even present evidence that Menendex was in the Dominican Republic at the time alleged.

Seriously, lame.

And This is Why Targeted Wildcat Strikes are Necessary

Because just about every official institution at every level is virulently anti-union. Case in point, the World Bank:

The World Bank has taken the extremely dubious science of deregulation one step further by creating a guide, known as the Doing Business report, that quantifies the regulatory “burden” that investors may face in various countries. The 2013 report was released this week.

Echoing the corporate “job creator” mythology of the Washington consensus, Doing Business encourages financiers and governments to erode public-interest protections, including safeguards for unions and workers. Labor groups say the publication's warped views on regulation and worker protections effectively gives a statistical justification for leveraging economic aid or investment to pressure countries to privatize, deregulate and undermine unions.

Labor advocates are particularly critical of the section of the report that crystallizes these views, the “Employing Workers Indicator” (EWI) which purports to measure labor policy "as it affects the hiring and redundancy of workers and the rigidity of working hours." Despite the World Bank’s past assurances that its analysis of labor regulations won't factor into the main rankings on business friendliness, critics fear that these data nonetheless filter into the report's evaluations, and in turn imply labor laws essentially impede development.

This is not just the "technocrats" who have this opinion. It's the overwhelming majority on the so-called "center-left".

Whenever you hear a Democrat talking about "training" so that workers are ready for "the new economy", they are saying that they think that labor unions are an anachronism, and they won't do anything to support them.

We need a real Labo(u)r party in the United States, because the political establishment is hostile to unions.