travel day
where i blather on about stuff and you read it and like it
the center for budget and policy priorities concludes that if house speaker john boehner's current proposal in the debt ceiling standoff is enacted, "it could well produce the greatest increase in poverty and hardship produced by any law in modern U.S. history." so naturally, the chairman of the republican study committee is denouncing the plan for not going far enough.
kazakhstan president nazarbayev disappeared. his office says he's on a short vacation. but a german tabloid reported that he is in a hospital in hamburg. the telegraph of london picked up the story and reported that he is in the hamburg hospital for prostate surgery.
it is somehow fitting that august 2, 2011, the date the u.s. will default unless congressional republicans agree to increase the debt ceiling, falls just one day after the tenth anniversary of the date that george bush pissed away the surplus and brought back deficit spending.
i'm surprised if anyone is surprised by this. the u.s. has an extremely corrupt political culture. (or at least it would be considered to be corruption in other countries. here, it's just called campaign contributions). when policy-makers in the world's most powerful country are for sale, foreign countries that have the money would be crazy not to try to work the system in their favor.
negotiations are part of my job. so i understand how crafting a deal that creates the impression that it does something that it really doesn't do and really is much more about saving face for everyone involved is sometimes an important way to resolve a problem and sell it to each respective side. but that tactic doesn't work if the fact that it is a trick gets out.
it's hard to imagine how this british hacking story can get any crazier.
this is what i don't understand about the so-called mcconnell proposal: as i understand it, the proposal would resolve the current debt limit increase standoff by allowing the president to raise the debt ceiling initially but then setting up congress to have a series of additional debt ceiling standoffs between now and the 2012 election.
wow, that worked even faster than i predicted.
diane swonk, chief economist for mesirow financial and an economic advisor to the CBO and the fed, regarding the chances that the u.s. will fail to raise the debt ceiling in time and default:
Right now, financial markets in the U.S. are giving this a 0% probability of happening. With all the time I’ve spent in Washington, although everyone believes it’s just inconceivable, those who don’t agree it’s inconceivable are the Congresspeople we need to actually vote on it. And that’s what really is disturbing: they’re the ones who are unconvinced that there’s any problem out there.it sounds like the financial markets haven't been paying attention to people elected to congress last year.
Everybody else is saying, ‘This is just so horrible. There’s no way they could possibly be this stupid.'
hey, does anyone else remember the good old days, when the blogosphere was all into iraq and the arab world, and everyone fancied themselves a middle east expert?
i just got through this week's episode of TAL. and i thought last year was when i was living in a corrupt energy industry funded kleptocracy.
what i find baffling is the fact that mitch mcconnell calls raising taxes a "job killer" when what he is proposing as an alternative to deal with the deficit, deep cuts in spending, will literally kill jobs. when you cut funding, people get laid off. there's no getting around that. that's true of both public and private sector employers as a lot of "private" jobs are funded through federal grants that are on the potential chopping block. (and that's putting aside the multiplier effect)
i like facebook. i'm on it every day. it's a great time-waster and a lot of my social life now relies on the site (whether for keeping up to date with people, or because so many invites to live events are now through FB). but the launch of a potentially serious competitor, google+, is also pretty appealing to me.
a few weeks ago i read sowing crisis by rashid khalidi. then a few days ago i finished dust of empire by karl meyer. before i read them i had classified the two books as being about different things, "sowing" about the middle east and "dust" about central asia. but after reading them both, i realize that the two books really complement each other. "sowing" is about how the cold war rivalry between the US and USSR ended up inflaming fault lines and creating conflict in the middle east. "dust" is about how european powers (particularly the UK and tsarist russia) competed over control of the caucasus, south and central asia and how the legacy of that colonial conflict still haunts the world today. but what both books were really about the destructive effects of outside powers on local politics.
i understand that enforcing the blockade of gaza is israel's justification for turning back the boat flotilla (assuming any of those boats ever leave greece). but what is the basis for turning back members of the air flotilla?
GOP senators are starting to refer to the position that section 4 of the 14th amendment means that the president does not need congress to raise the debt ceiling as the "nuclear option." previously, the phrase "nuclear option" referred to a procedural tactic that would eliminate the filibuster in the senate by having it declared to be unconstitutional. that tactic has been much discussed but never actually used.
i keep seeing headlines like this, but i keep reading them as being about this.
the controversy over the below cartoon raises a question i've mulled over before: what is the appropriate way to critically depict israel in a political cartoon?
from the NYT:
But he also said that Turkey stood by its demands for an apology and compensation for the victims of the Israeli raid.
“It is as natural as breathing air that a country would apologize and offer compensation to victims’ relatives if it barges into an unarmed ship sailing in high waters and causes the death of nine people,” Mr. Sanberk said. “That’s the precondition for the normalization of bilateral relations that Turkey expects.”
...
Israel’s foreign minister, Avigdor Lieberman, asserted Wednesday that Israel should not apologize, warning that an apology would “harm Israel’s national dignity” and humiliate its soldiers, the Turkish newspaper Zaman reported.
Diplomats said Wednesday that the two sides had been searching for a word that would sound like an apology in Turkish, but not in Hebrew.
three days ago i'm on my commuter train coming home from work. it was a packed train. i had a seat, but with people crammed in all around me. then i dropped my rail pass. the pass costs $120 and allows me to have unlimited rides on the local public transit system for an entire month. that is how i get to work. in other words, that little card is valuable. but it was on the floor and i didn't have any room to maneuver.