Godspeed, Galbraith.


In all life one should comfort the afflicted, but verily, also, one should afflict the comfortable, and especially when they are comfortably, contentedly, even happily wrong.R.I.P. John Kenneth Galbraith (1908-2006), a giant of 20th century economics and politics, and the wry conscience of an affluent society.

Tiger in the Tank?

“Nobody’s happy with gasoline prices being where they are.” As GOP congressional leaders experience buyer’s remorse over the oil industry tax breaks they passed last year, Jacob Weisberg (who, it should be noted, could take the Metro to work if so desired) argues the virtues of more expensive gasoline: “To be sure, oil at $70 a barrel causes hardships for working people and delights some of the world’s worst dictators. But cheap gasoline imposes its own costs on society: greenhouse gas emissions, air pollution and its attendant health risks, traffic congestion, and accidents…Sustained high prices will bring about behavioral and political changes: energy conservation, public transportation, less exurban sprawl, and eventually the economic viability of alternative fuel sources such as biomass, fuel cells, wind, and solar power, which may one day undermine the power of the oil oligarchs. Are politicians too stupid to understand this, or just smart enough not to say it aloud?

The KBR Relocation Authority.

I’m a bit late on this one: In an ugly confluence of several of this administration’s shady dealings, CheneyCo.’s KBR/Halliburton — its attempts at continued war profiteering falteringrecently won a $385 million contract to build immigrant detention centers for the Dept. of Homeland Security. “The contract, which is effective immediately, provides for establishing temporary detention and processing capabilities to augment existing ICE Detention and Removal Operations (DRO) Program facilities in the event of an emergency influx of immigrants into the U.S., or to support the rapid development of new programs.” Um, new programs? (By way of Supercres.)

Five for Fighting.

TIME Magazine unveils Josh Bolten’s new five-point plan for righting the Dubya presidency: 1) Act tough on immigration with “guns and badges”; 2) Humor Wall Street with extensions on capital gains and dividend tax cuts; 3) “brag more”; 4) Talk tough at Iran; and 5) play nice with the press. So, wait, we’re going to war with Iran just so Bolten can squeeze six more months out of lame duck Dubya? Brilliant.

The Raptors Bite Back.

“‘We rely on those transactions,’ Mr. Lay said during the September meeting, according to Mr. Glisan. ‘They are imperative for us to hit our numbers and we will continue to do them.‘” Prosecutors begin to wrap up their case in the Enron trial with the testimony of former Enron treasurer Ben Glisan, Jr., who is currently serving a five-year prison term for his part in the fraud. (He created Enron’s “Raptors,” “four fragile financial structures…used to house assets and investments and to hide losses.”) According to the NYT, he “provided some of the strongest testimony against Mr. Lay heard by the jury so far.

Here comes the story of the Hurricane.

“‘If 9/11 was a failure of imagination then Katrina was a failure of initiative. It was a failure of leadership. In this instance, blinding lack of situational awareness and disjointed decision making needlessly compounded and prolonged Katrina’s horror.’” A new House report makes official what we all already know — From ignoring information about broken levees to needlessly squandering federal funds, the Dubya White House badly bungled the response to Katrina. (“Heck,” even Brownie is proclaiming it from the rooftops these days.) As Get Your War On so aptly put it months ago, “There should be a rule that if you slack off while an American city is destroyed, and then your response is to fly around hugging people and making excuses, you have to stop being President. And if it happens again four years later, you really have to stop.”

Schisms aplenty.

“‘I can’t believe I’m in a conservative hall listening to him say [Bush] is off course trying to defend the United States,’ Sorcinelli fumed.” As a result of his questioning Dubya’s NSA powergrab, right-wing civil libertarian Bob Barr finds himself persona non grata at the annual Conservative Political Action Conference. Similarly in the doghouse with the powers-that-be is right-wing pollster Frank Luntz, due to a longstanding feud with John Boehner — Luntz backed the wrong horse in ’98. And, speaking of Boehner, the new Majority Leader is apparently causing mild tremors along another GOP faultline, the one between evangelicals and pro-business stooges. (Boehner numbers among the latter.) Could this all be the prelude to a ’06 crack-up of ’94 proportions?

Offset Pt. II.

With the first round of Operation Offset on its way to becoming law, Dubya submits a $2.8 trillion budget that further reflects the egregiously screwed-up priorities of this administration. The proposed budget “would cut billions of dollars from domestic programs ranging from Medicare and food stamps to local law enforcement and disease control while extending most of his tax cuts beyond their 2010 expiration date… [these] tax cuts, tax incentives and tax-cut extensions would cost the Treasury $1.7 trillion over the next decade, dwarfing the $172 billion in entitlement savings and proposed user fees in the budget.” Why didn’t anyone think of this before? Conducting war is so much easier when only the poorest Americans have to sacrifice. And as for the exploding deficits? Hoo boy. For an administration that purportedly cares about the unborn, this White House seems to have no qualms about foisting debt on the next generation.

That’ll teach the poor.

Operation Offsetted: By the slimmest of margins (216-214), the House GOP pass the “deficit-cutting” (read: millionaire tax-giveaway off-setting) bill striking $40 billion from “Medicaid, welfare, child support and student lending.” (It previously passed the Senate on Cheney’s vote.) I’m reminded of a quote by Walter Lippmann on the Goldwater ’64 campaign: “We all know of demagogues and agitators who arouse the poor against the rich. But in Barry Goldwater we have a demagogue who dreams of arousing the rich against the poor.

SOTU ’06.

A quick note on Tuesday’s State of the Union: I actually think Dubya has delivered some well-crafted speeches (1/23) in the past, even if I disagree with almost all of their content. This wasn’t one of them. Except for the “America is addicted to oil” line (which Jimmy Carter basically said over 25 years ago) and the “human-animal hybrid” goofiness (which, as Crooked Timber points out, might mean trouble for diabetics), there wasn’t a single memorable moment throughout, just more of the same “9/11” and “freedom, yeah” grandstanding. (And Kaine was no better — I like to think I’m more interested in politics than most people, and I was bored stiff after a minute or two. Nice fireplace, tho’.) If the White House was looking for this address to reverse their ailing fortunes, a la Clinton in ’98, my guess is that they failed. (Pharyngula link via Now This.)