Game of Votes.

Still taking a break. Nonetheless, this was too on-the-nose not to share, for election 2012 is dark and full of terrors. Enjoy.

The Best Republic Money Can Buy.

In the 2010 election cycle, 26,783 individuals (or slightly less than one in ten thousand Americans) each contributed more than $10,000 to federal political campaigns. Combined, these donors spent $774 million. That’s 24.3% of the total from individuals to politicians, parties, PACs, and independent expenditure groups. Together, they would fill only two-thirds of the 41,222 seats at Nationals Park.

According to a recent report by the Sunlight Foundation, 0.1% of the country made almost a quarter of the campaign donations last year. It’s a great system, tho’.

The Wisdom of the Deficit Owl.


What fiscal crisis? The great unasked question in this summer of sound-and-fury is ‘why?’ The United States has many problems at the moment: a high-and-stubborn unemployment rate, a foreclosure catastrophe, a slowing economy that has not recovered and will not recover…and the ongoing challenges of infrastructure, energy and climate change. Fiscal crisis? The entire thing is a figment, made up of wise-men’s warnings repeated endlessly.

James K. Galbraith, who warned of the deficit witchhunt a year ago, weighs in on the debt ceiling endgame currently playing out in Washington, as well as Obama’s role in it:

[W]hat do we have, from a President who claims to be a member of the Democratic Party? First, there is the claim that we face a fiscal crisis, which is a big untruth. Second, a concession in principle that we should deal with that crisis by enacting massive cuts in public services on one hand and in vital social insurance programs on the other. This is an arbitrary cruelty. Third, a refusal to stand on the strong ground of the Constitution, against those whose open and declared purpose is tear that document and the public credit to shreds.

Yep, that’s about it. When it became clear that Obama had fully inhaled voodoo economics and was once again going to give away the store in these needless negotiations, I said on Twitter: ““I’ll take [Boehner/Cantor/Lannisters/Littlefinger] at his word!” I just realized: Obama negotiates like Ned Stark. Now, winter is coming.

But, really, that gives this president too much credit. He’s not a nobly deluded sap. He’s getting exactly what he wants: a Third Way-approved Grand Bargain that takes money out of a sputtering economy and needlessly slashes our social insurance system, all in response to a problem that is basically imaginary.

But, of course, the chatterers and the Serious People™ will applaud this bargain as being wise, centrist, and independent no matter what damage it causes — hey, only Nixon can go to China! And all the while the economy and labor market will continue to tank. What a fucking fiasco. [Rorschcat via here.]

PATRIOT Games.


When the clock strikes midnight tomorrow, we would be giving terrorists the opportunity to plot attacks against our country, undetected,’ Senate Majority Leader Harry Reid said on the Senate floor Wednesday…'[Any delay would] increase the risk of a retaliatory terrorist strike against the homeland and hamper our ability to deal a truly fatal blow to al-Qaida.

Honestly, what is this horseshit? In a disturbingly complete 180 from his comments the last time this came up back in 2006 — although, to be fair, he eventually folded like an accordion then too — Senate Majority Leader Harry Reid dusts off the Cheneyite talking points to call for an immediate, unamended extension of the PATRIOT Act. (It passed the Senate today, 72-23.)

Contrast this with Reid in 2005: “‘We killed the Patriot Act,’ boasted Minority Leader Harry Reid…to cheers from a crowd at a political rally after the vote.” Ladies and gentlemen, our Democratic Senate Majority Leader. And, yet, however hackadocious Reid is being in this instance, let’s remember — this is coming from the top, from the constitutional scholars at the White House. After all, as Mike Riggs notes in Reason: “If the PATRIOT Act lapses, and a sarlacc does not swallow LAX immediately after, it’ll be that much harder to convince Americans that those provisions are necessary.

Another D’oh From Simpson.


Told that the data came directly from the Social Security Administration, Simpson continued to insist it was inaccurate, while misstating the nature of a statistical average: “If you’re telling me that a guy who got to be 65 in 1940 — that all of them lived to be 77 — that is just not correct. Just because a guy gets to be 65, he’s gonna live to be 77? Hell, that’s my genre. That’s not true,’ said Simpson, who will turn 80 in September. Understanding life expectancy rates at age 65 in 1940 is central to understanding Social Security itself.

In keeping with his informative interview with Alex Lawson last fall, former Wyoming Senator and co-head of the president’s deficit commission Alan Simpson — while railing against AARP — proves once again knows as little about Social Security as he does about hip-hop. So, yeah, by all means let’s put him in charge of social insurance “reform.”

Simpson’s forceful gesture came after an extended diatribe against Social Security, which he said is a ‘Ponzi’ scheme, ‘not a retirement program.’ Simpson argued that Social Security was originally intended more as a welfare program.Um, no. But, in Simpson’s defense, the president who appointed him also harbors some misunderstandings about Social Security. And at least the Senator is right on public financing of elections. So, there’s that.

Enabling the Hucksters.

‘Trump’s presidential run is no longer being treated as serious by the easily distracted and resolutely frivolous political press that covered it so thoroughly just a few short weeks ago. While it was always an unamusing joke…we had what felt like a lifetime of New Hampshire trip coverage and Piers Morgan interviews and ‘President Trump? It might be more likely than you think!’

With last month’s embarrassing Trump boomlet seemingly run its course in the Village, Salon‘s Alex Pareene comes to bury, not praise, the Donald. “[T]ransparent idiocy didn’t cause the press to take Trump less seriously, but it did lead people to gradually grow to hate Trump, which made his ratings suffer, and the exposure of the artifice of the Trump persona was decidedly damaging to his ‘brand.’ Once your ‘brand’ has been damaged, say goodbye to credulous political press coverage!

To be honest, I couldn’t care less about Trump, and mostly avoided all of his Birther shenanigans as they were unfolding two weeks ago for the same reason I try to avoid any political coverage — from right or left — of the “You won’t believe what Sarah Palin just posted on Facebook!” variety. It’s lazy, it’s boring, and it’s actively pernicious given all the real problems we face right now. (But at the very least, both Trump and Palin are noteworthy indicators of how far the GOP done fell.)

I’m only posting on this now to point out that the Trump boomlet was by no means a one-time-thing. When the President of the United States actually had to come on TV two weeks ago to prove he was an American citizen, there was much pearl-clutching by the Village press about what a travesty this had all become. “What a sad day in American political history,” lamented MSNBC’s Chuck Todd. Meanwhile, the Washington Post opined that the release “says something embarrassing — actually, make that disturbing — about the state of American politics” — soon after that newspaper of record invited Trump to the White House Correspondent’s Dinner. (An evening, by the way, that’s as good as reflection as any of how desiccated and domesticated today’s establishment press has become.)

For his part, ABC’s Jake Tapper — a fellow who, let’s remember, got his big break as a hard-hitting journalist by kissing-and-telling on Monica Lewinsky back in the day — tried to defend the press by pointing to a Pew study which found that the deficit debate was actually the most-covered news story of the week. The problem with this line of argument is that conducting lousy journalism in one arena does not absolve you of conducting lousy journalism in another. And in fact, Village criers have been just as incompetent and/or duplicitous on the deficit.

For months, as you all know, the Serious People in the media have been banging the drum of the deficit witchhunt even though, from an economic perspective, austerity at this hour makes about as much sense as Birtherism. And, in the past few weeks, they have doubled down on this idiocy by trying to elevate the most recent flavor of the month, Wisconsin Congressman Paul Ryan, as a Serious Man, come to tell us hard truths about the need for sacrifice.

In fact, Congressman Ryan is scarcely any less of a huckster than the Donald. This is a guy who laments the intrusions of the welfare state at every turn, but only made it to college thanks to Social Security benefits received upon the passing of his father. (To be fair: Ryan is only emulating his hero with this sort of hypocrisy.) This is also a guy who, when confronted with the Clinton budget surpluses of a decade ago, then lamented that the debt was too small.

And this is a guy whose budget proposal — which he was quick to deem not a budget, but a cause — is basically the same vile, stale concoction of malice and magical thinking that the right has been peddling for decades. It uses made-up numbers to argue that privatizing Medicare (and leaving seniors with the bills), slashing the social safety net, and lowering taxes on the rich will somehow end deficits and save America. (Short answer: It won’t.)

By any reasonable standard, the Ryan budget should have been laughed out of the room as soon as it dropped. But, no, the press needed A Serious Man™ on the right for its lazy he-said, she-said approach to any political story. And, so Ryan got the Trump treatment and the rest is history. Ostensibly liberal pundits fell over themselves praising Ryan’s budget. In response, the president eventually drew progressive kudos for pitching his own deficit reduction plan. (More on that in a sec.) With both sides established, the press can now continue to happily indulge in the usual medley of content-free, he-said, she-said inanities that, to them, constitutes political journalism. And everyone in Washington can continue to ignore the fact that, actually, more spending, not cutting the deficit, is what is needed to fix the economy right now. Win-win!

Regarding President Obama’s deficit proposals, he delivered an eloquent speech on the subject last month, to be sure — one of his best as president. But, even if we hadn’t already been burned far too many times by his rhetoric not matching up to his policies, it’s hard for me to take his remarks as some great moment of the left just because he finally articulated what should be pretty basic principles of American government. Particularly when you consider that the Obama plan is, of course, center-right-leaning, and yet it has nevertheless become the left pole in an exceedingly narrow economic debate.

(By the way, if you’re really worried about the long-term deficit, the answer isn’t rocket science. Try raising taxes on the rich. Or passing real health care cost controls. Or going where the money’s at. Or growing the economy and putting people back to work. Or, y’know, doing nothing — that would work too.)

In sum, the Trump boomlet of last month was not the exception. It was a clear and distilled expression of the rule, a sideshow to a sideshow. And because the Village press is so terrible, our entire politics is distorted — We are living out the consequences of this disaster yet again in the deficit debate. Only the sheer amount of money flooding the system right now is a bigger political problem than the broken state of the newsmedia.

The Last Debt Fight.

After the Civil War, political leaders in the defeated South announced their intention of resuming their seats in Congress and of using their power…to compel the federal government either to pay off all debts of the Confederacy or to default on the national debt which had been borrowed to finance the Union war effort…For this reason, [Reconstruction Republicans] wrote into our fundamental law an absolute prohibition against defaulting on the national debt. Its language establishes a complete firewall against the misuse of governmental power by one political faction to get its way by wrecking the public credit.

As congressional Republicans try to bluff their way through another round of hostage-taking with the American economy, this time vis a vis the debt limit, Garrett Epps reminds us that the debt limit idea is actually unconstitutional, by way of the 14th Amendment (already not the GOP’s favorite accomplishment.) “This requirement is absolute. It is contained in Section Four of the Fourteenth Amendment, which directs, in no uncertain terms, that “the validity of the public debt of the United States, authorized by law…shall not be questioned.

Same as It Ever Was.


Treasury’s mismanagement of TARP and its disregard for TARP’s Main Street goals — whether born of incompetence, timidity in the face of a crisis or a mindset too closely aligned with the banks it was supposed to rein in — may have so damaged the credibility of the government as a whole that future policy makers may be politically unable to take the necessary steps to save the system the next time a crisis arises. This avoidable political reality might just be TARP’s most lasting, and unfortunate, legacy.” On his last day on the job, outgoing special inspector general for TARP Neil Barofsky laments the failures of the program he oversaw.

In very related news, see also NYT columnist William Cohan on the same subject yesterday: “Not only did the government’s theory fail in practice — unemployment remains relentlessly and historically high and American businesses seem intent on hoarding, rather than spending, the $2 trillion in cash on their collective balance sheets — but it also lost a once-in-a-century opportunity to change the mores of a momentarily chastened Wall Street, which remains badly in need of substantive reform. This is more than a shame; it is prima facie evidence of how deep Wall Street’s hooks have been — and continue to be — into the powers that be in Washington (and vice versa).

The Priorities of the Serious People™.

This chart puts the class war in simple, visual terms. On the left you have the ‘shared sacrifices’ and ‘painful cuts’ that the Republicans claim we must make to get our fiscal house in order. On the right, you can plainly see WHY these cuts are ‘necessary.’” Via JackDean and several other sites, This is What Class War Looks Like.

But, hey, Win the Future and all that.

The End of the Beginning.


“‘We want to unite, we want to fight, we want to get back workers’ rights…The people united will never be defeated.’ ‘This is not the end. This is the beginning of phase two,’ said Sen. Fred Risser (D-Madison).” With Governor Scott Walker and the Republicans having forced their union-busting budget through, the Wisconsin 14 return to Madison to a heroes’ welcome. “‘They won the battle; we’re going to win the war,’ said Sen. Dave Hansen (D-Green Bay).” The next phase of the battle: the April 5th Supreme Court election. (Pic via Crooked Timber.)