Monday, July 25, 2011

The President's Address - Alternative Version

President Obama will address the nation tonight, probably on the debt ceiling negotiations, and so I thought it would be a fun exercise to right up an alternate version of that speech.  It's meant to be light-hearted, so take it as the tongue-in-cheek missive it's intended to be.

My fellow Americans.  I've taken to the bully pulpit tonight to show you who actually wears the big boy pants.  Speaker Boehner has been bullied by the economically illiterate tea party-ers in his midst, and I feel sorry for him.  We played a round of golf together.  We're buddies.  And while I don't believe he got that eagle on the 7th playing gentlemen's rules, I do believe he wanted to do the big thing with this whole debt ceiling/deficit reduction kerfuffle.

I tried to help my boy out.  I took the percentages of cuts to revenues outlined by his office several months ago and offered him a deal built on those percentages.  He couldn't take the deal though.  Eric was all "NO TAXES EVER!!!!!" and the look of resignation on Boehner's face told me nothing was going to get done.

Then Mitch had his cockamamie scheme, where I could ask for an increase in the debt ceiling, ignore the suggested spending cuts that Congress suggested and extend our credit line.  I don't fully understand it.  Where is Orzag to explain this to me?  I miss that guy.  He was such a player, but I digress.

Then the Gang of Six became the Gang of Five, and then they became the Gang of Six again.  I have asked the DC metro police to look into the gang activity going on on Capitol Hill.  They had a plan, it was a pretty good one, and people liked it until people realized it raised more revenue then my plan and then Cantor was prepared to start his own gang and he called Grover, and well, that idea fizzled.

So my fellow Americans, here we are.  The Washington Post has a doomsday debt clock on their main page.  The sky may well be falling.  Why is it falling?  Because Republicans want me to be a one term president.  Mitch told everybody that and if you look at the uniformity with which they have said "NO" to every idea I've mentioned, including the ideas I ripped off from past Republicans, what would certainly seem to be the only goal the Republican party has.

Here I was trying to make history.  I was going to expand healthcare to millions of Americans and Boehner and I could have had our Reagan/O'Neal moment.  But it wasn't to be.  So now John's got a bad idea floating around and Harry has a less bad idea in the other chamber.  I don't really like either idea, but I supposed I'll end up signing a version of the one of the two.  After all, as the guy who is the grown-up in this conversation, I can't let the economic slip into chaos.  But, I want you all to know that this is the Republicans fault.  That passed on history.  A smart young blogger I'd never heard of pushed John to take one for the team, but apparently his Twitter message was lost in the shuffle.

So I stand before you tonight, the adult dealing with the children in Congress.  And to echo some recent polling, only 18% of me approves of Congress too.  We're going to get a deal done, and it's going to suck, and we'll come back to this issue again in 6 to 12 months.  When we do, this will all happen again.  Just remember, it's the other guys' fault.

Friday, July 22, 2011

The Short List - July 22, 2011

International
Domestic

Wednesday, July 20, 2011

The Short List - July 20, 2011

Really short Short List today.  Apologies.

International
Domestic
  • The newly reformed Gang of Six has released a debt ceiling/deficit reducing plan that is gaining traction in the Senate and has garnered qualified support from Speaker Boehner and President Obama.  Representative Cantor, however,  remains intractable on revenues.  Details continue to emerge about the plan, but if fully implemented it would reduce the deficit by $3.7 trillion dollars over 10 years and would bring debt as a percentage of GDP down to 70% in the same time frame.  Ezra Klein breaks down the deal a bit more.  The Washington Post Editorial calls the proposal a "new hope" sans Luke Skywalker.  In the background of the Gang of Six proposal is a new Washington Post-ABC poll that shows there's plenty of blame to go around, but Republicans are considered more to blame.  Perhaps most notable, 79% of independents don't think Republicans are willing to make a deal.

Tuesday, July 19, 2011

The Short List - July 19, 2011

International
Domestic

Monday, July 18, 2011

The Short List - July 18, 2011

International


Domestic
  • Senate Minority Leader Mitch McConnell's deal is gaining momentum as Congress is set to spend the week engaged in kabuki theater, heading towards an increase in the debt limit.  The White House still hopes for a big deal, but as Jacob Lew asked on Meet The Press yesterday, "Do we have a partner to work with?"  Sadly, your editor does not believe they do.

  • Presidential hopefuls burned through $32 million so far, in a new campaign spending report.  Newt likes private jets, but not paying the bill.  Mitt spent 18% of his budget on administrative costs.  And President Obama spent about $5 million organizing fundraisers.  Beyond the horse race and personal proclivities these kind of disclosures reveal, it concerns this editor the volume of cash spent in politics these days.

Friday, July 15, 2011

The Short List - July 15, 2011

International

Domestic

Programming Note -- as one Editor travels for a few days, your other Editor is faced with the grim reality of the bar exam. He will likely not be posting over the next two weeks.

Thursday, July 14, 2011

Programming Note

Your editor is traveling for the next couple days so there won't be a Short List today.  Apologies.

Wednesday, July 13, 2011

The Short List - July 13, 2011

International
  • The Egyptian army is telling protesters, who have returned to Tahir Square, to disperse, but the protesters have refused.  They want an end to the military rule that has been in place since the army took control from Mubarak.

  • The hacking scandal in the UK has jumped across the pond, as British PM Cameron promises to investigate if news outlets that are part of Rupert Murdoch's News Corp hacked the phones of 9/11 victims.

  • Violence marred the funeral ceremony of Wali Karzai in Afghanistan yesterday.

  • The UN World Food Programme is prepared to work with al Shabab in Somalia to distribute food aid, as the region faces a tremendous drought.
Domestic

Tuesday, July 12, 2011

What Kind Of Day Has It Been

International
  • The brains behind the operation to kill bin Laden has been placed under cover for his own protection. At the same time, amid the growing row between Pakistan and the United States, Pakistan is making noise about removing troops from the old NWFP. And the Guardian reported today that the CIA ran a truly clever fake vaccination program to try to acquire DNA of bin Laden relatives to verify the man's presence in Abbottabad--some public health advocate have expressed concern over this rouse. 
  • Anthony Shadid in the New York Times reports on Egypt's unfinished and ongoing revolution. And, unfortunately, Tunisia has all but fallen out of the news.
  • French deputies voted overwhelmingly to fund France's involvement in NATO operations over Libya, while the French foreign minister indicated that a political solution may be in the offing.

Domestic

Falling On His Sword for Country & Legacy

As I mentioned in today’s Short List, Speaker Boehner has been neutered by Eric Cantor and his tea party cohorts, who want the government to live within its means so long as “its means” doesn’t have anything to do with the increasing revenue.  Even if that increased revenue comes through a simplified tax code and is accompanied with $3 in cuts for every $1 in revenue.  I think this presents Speaker Boehner with an opportunity, albeit one with severe short-term professional consequences.

As Ezra Klein reminded us this morning, on the whole the American people like compromise, even if a majority of Republicans do not.  From everything that’s been written, it would seem like Boehner knew he had a sweet deal with the Obama administration and was inching toward taking it until he was out-flanked by Cantor and the far-right of the Republican party.  I think Boehner ought to work with Obama to make this deal work and abandon Cantor and the tea party.  I think Boehner needs to appeal to the cadre of remaining Republican moderates in the House and work with Obama and the Dems to avert what would be an unmitigated economic disaster.

Sounds kind of crazy, I know.  But stay with me here.  I believe there is a segment of the Republican party that’s filled with people who want a government to govern, and I think that part of the party knows how good a deal they have.  They’re best personified by this column(NYT) from NYT Columnist David Brooks.  And I think this is the part of the Republican party that Speaker Boehner represents.  The trouble is this is now the minority wing of the Republican party.  Time and time again, Obama chased the Republicans rightward (a whole other problem for progressives), forcing Republicans to abandon several smart ideas they’ve had in the past decade.  They had to abandon them because Obama, the Other, embraced things like individual mandates and cap-and-trade.  But I believe there is a sizeable number of Republicans remaining who aren’t Grover Norquist zealots and genuinely believe it’s the job of people in Congress to compromise in the pursuit of governance.  I’m just hoping those same David Brooks’ Republicans are spoiling for a showdown with the tea party.

Which brings me back to Speaker Boehner and his opportunity.  Given Boehner’s sensibility, he is not long for his own party lest he abandon his remaining moderation.  If he can rally his fellow remaining moderates to get this deal done he will almost certainly lose the speakership, he will likely face a primary challenge, and he may well lose his seat, but it’s a play for his legacy.  He could force the showdown between David Brooks Republicans and tea party Republicans.  By falling on his own sword he may save the Republican party from permanent minority status.  And history tends to smile fondly on politicians who put the national interest (and indisputably it’s in the national interest to increase the debt-ceiling and cut the deficit) ahead of fleeting personal aggrandizement.

Perhaps I’m overly optimistic.  Perhaps I’m reading Speaker Boehner wrong.  But if he is going to be robbed of his influence, why should he hold ceremoniously to a title and let his fellow Republicans run the economy off a cliff?  Andrea Mitchell was on The Chris Matthew Show this week reiterating how much these negotiations and the compromise that will be reached is about leadership.  I couldn’t agree more and I think this is an opportunity for Speaker Boehner to demonstrate his leadership and his shot to write his name into the history books of great Speakers of the House.  If a deal doesn’t get done and the credit of the United States gets downgraded, well that path carries a legacy as well.

The Short List - July 12, 2011

International
Domestic

Monday, July 11, 2011

What Kind Of Day Has It Been

International

Domestic
  • Debt ceiling drama continues as President Obama today ruled out a short-term stopgap measure. But the GOP seems to be moving yet further from compromise--and its radical presidential nominees are saying crazy things. Here's an examination of the 1979 sort of default.
  • Politicians on both sides of the aisle--but a few more Republicans than DFLers--in MN are continuing to cash pay checks while the rest of the State's employees are furloughed with the State government shutdown. 
  • Palin still refuses your Editor's requests to just go away.

The Short List - July 11, 2011

International
Domestic
  • The debt ceiling negotiations are set to continue today, the the parties still seem far apart and despite what was once a shared vision for a grand bargain, Speaker Boehner backed off of a major deal because it would likely have included $800 billion in tax increases, despite over all savings of over $4 trillion.  Paul Krugman reminds us(NYT) that much of our economic woes come in now small part from the excuses men (and women) create.

  • The case for nuclear fusion research directed by the government.  Did we wait for private investment to start the Manhattan Project?

  • Also, America F**k Yeah!  The U.S. women play in the semi-final match against France on Wednesday at 11:30am ET.

Sunday, July 10, 2011

Santorum’s Security Delusion

Rick Santorum, soon to be a 2012 GOP also-ran, appeared on CNN’s State of the Union this morning and, amid a broadside leveled against the President, declared that ‘as bad a job as this President has done on the economy, he has done a worse job keeping us safe.’* Characteristically, this attack was accompanied by no evidence. Nor could it be.



For all his failings, President Obama has been extraordinarily strident when it comes to national security. The rate of drone strikes in Pakistan has increased exponentially since the President took office, with the first such strike coming just two days after being sworn in. Targeted killings of suspected members of al-Qaeda have expanded to Somalia and they have returned to Yemen. There has been no successful major terrorist attack on the United States since Obama’s inauguration and the inevitable attempts have resulted in the quick apprehension of the would-be terrorists. Oh, and he got bin Laden—the guy who authored the 9/11 attacks and the Bush administration singularly failed to track down for seven years while spinning off to the adventure-cum-quagmire of Iraq.



Any of these may be of debatable merit when it comes to proving the relative state of U.S. national security—certainly there is a vigorous debate over the merit of the drone program in Pakistan. Yet, these are the sorts of anecdotes generally trotted out when politicians begin to debate whether we, the American people, are safer today than we were some number of years previously.



In fact, assessing the state of U.S. national security is a complex task. It requires a definition of time frames and metrics—are we talking near term or long term; are we discussing national security vis-à-vis non-state actors or rising powers—even before we come to the question of the causality, or the linkage between this relative security or insecurity and actions that the United States has, or even could, take.



But this is not what Rick Santorum has done. Instead he has, without explanation, evidence, or argument, leveled a bald charge that the President has rendered us less safe. The American people deserve more from their candidates for President.



*Please forgive your Editor for the paraphrase; he was unable to rewind the segment and no transcript is yet available.

Friday, July 8, 2011

What Kind Of Day Has It Been

Intergalactic
  • "And we have liftoff of the Space Shuttle Atlantis." Last liftoff of the STS, ever without a clear path forward for U.S. participation in space.
International
Domestic
  • Carney said the administration doesn't get excited about jobs data. Bullshit. And if the administration doesn't, this dyed-in-the-wool Democrat does. Get it together, fellas.
  • On the bright side, GOP fundraising numbers are flagging compared to 2007 -- tough to say if this represent tighter wallets or more money going to GOP IEs.
  • One filled with invective, here at DCExile. For those of you not bound up in the argument in the Comments, a quick recap: Colin and I still fundamentally disagree about the point of life but agree that Jason's wrong about whether Stiglitz misspoke. Aside from that, it's been more of the same.

The Short List - July 8, 2011

International
Domestic
  • The unemployment rate sadly rose this month to 9.2% as the private sector added just 18,000 jobs despite having "record cash stockpiles and healthy profit margins."  Meanwhile the government sector cut 39,000 jobs in June.  CNBC's Maria Bartiromo was shilling the "uncertainty argument" on Morning Joe this morning, but doesn't point a finger at Republicans who are using the good credit of the United States as a pawn.  Meanwhile, Eugene Robinson has a sharp column in The Washington Post this morning.

  • Texas executed a Mexican national yesterday.  E.G. writing at Economist.com has two great pieces on the death penalty in the past couple days.

Thursday, July 7, 2011

What Kind Of Day Has It Been

International
  • Berlusconi against Libya before he was for it before he was against it. Notably, NATO is flying its missions out of Italy and from Italian airbases. 
  • Saleh appeared delusional (and injured) on Yemeni television even as he remains in Saudi Arabia, and his complicated country slips further from his regime's grip.

Domestic
  • Nate Silver has an excellent statistical examination of the radicalization of the Republican party and the emergence of its structural inability to compromise. What Silver calls "conservative," Gene Lyons rightly notes is really an "anti-government cult."
  • Then again, POTUS described today's debt talks as very constructive.
  • Fox News has proved its mettle, its conviction to open debate, by trying to gin-up controversy over Media Matters 501(c)(3) status. This is likely to go nowhere. Query: does a judicial proceeding (quasi- or otherwise) that is built on manufactured, unmeritorious claim that is patently politically motivated--worse, an example of "I'll just take my ball and go home"--qualify as a frivolous lawsuit? Jon Stewart does this bit well.
  • Stigletz considers the dangers of unfettered free market zealotry.