Tuesday, February 24, 2009

Corn IS trying to kill us...

Although it seems that Snapple is trying to fight back:
Snapple replaces corn syrup with real sugar


The old ingredient list for Lemon Snapple Iced Tea: “water, high fructose corn syrup, citric acid, tea, natural flavors.” Calories: 200. The new ingredient list: “filtered water, sugar, citric acid, tea, natural flavors.” Calories: 160.

(H/t Cool blog)

A bad year for the anti-vaccine movement

...and thank God.

David Gorski is a surgical oncologist, and also a well-known though bepseudonymed blogger for Science Blogs. His anti-antivaccination stance is legendary, for good reason: he is incredibly well-spoken and his posts railing against the pro-measles (haha) crowd routinely eviscerates them.

But none of his posts has ever done so in such a remarkably thorough fashion as in this lengthy post in which he destroys the movement from top to bottom.

 (H/t Bad Astronomy)

The strength of the post, in my opinion - is to hold the heroes of the anti-vaccine movement up to the light and watch them wither.

I have no problem with scientific questions about the safety of vaccines - but this "I know in my heart" nonsense has got to stop. Make with the science, or shut the hell up.

Monday, February 23, 2009

AIG OMFG II

Here we go again,

AIG, already propped up to the tune of 150 billion dollars, is passing the hat again.

That'd be three bailouts for AIG, three for CitiGroup (assuming the latest common stock nonsense goes through). Poor old BoA only has two.

Who will step forward to claim the title of biggest corporate welfare queen??

(H/t to TPM)

By the way, if you have any curiosity about the "Swedish model" of bank nationalization everyone keeps talking about, you could do worse than to listen to Planet Money's summary.

They didn't nationalize all the banks, they nationalized two. The first bank because it was 80% government-owned when it became insolvent - the second because the bankers who owned it gave the keys to the government and essentially walked off.

Interesting stuff.

At least we're not Mexico

Yes, the gov'ts talking about owning more CitiGroup, and the banks are zombified, but look on the bright side - we're not in Monterrey
That week in Monterrey, newspapers reported, Mexico clocked 167 drug-related murders. When I lived there, they didn’t have to measure murder by the week. There were only about a thousand drug-related killings annually. The Mexico I returned to in 2008 would end that year with a body count of more than 5,300 dead. That’s almost double the death toll from the year before—and more than all the U.S. troops killed in Iraq since that war began.

But it wasn’t just the amount of killing that shocked me. When I lived in Mexico, the occasional gang member would turn up executed, maybe with duct-taped hands, rolled in a carpet, and dropped in an alley. But Mexico’s newspapers itemized a different kind of slaughter last August: Twenty-four of the week’s 167 dead were cops, 21 were decapitated, and 30 showed signs of torture. Campesinos found a pile of 12 more headless bodies in the Yucatán. Four more decapitated corpses were found in Tijuana, the same city where barrels of acid containing human remains were later placed in front of a seafood restaurant. A couple of weeks later, someone threw two hand grenades into an Independence Day celebration in Morelia, killing eight and injuring dozens more.

Yikes.

(H/t Emptywheel)

Friday, February 20, 2009

Paying for the military, twice

Thomas Barnett giving a speech in 2005 about the culture of war and the future of the military.

It is alternately funny and terrifying.

Here's a sample bit:
We use the doctrine of imminent threat-

We haven't faced an imminent threat since the Cuban missile crisis, 1962, but we whip ourselves into a frenzy because we're a democracy and that's what it takes.

If that doesn't work, we shout out "he's got a gun!" just as we rush in. Then we look over the body and find an old cigarette lighter and say "Well Jesus, it was dark"

His opinion on the Transportation Safety Administration:
TSA? Thousands Standing Around
He wails on the most sacred cows with a curiously Machiavellian outlook. Look, you want this? This is what needs to happen...

The net result of this would be a dramatic shift to a new force that is in charge of winning the peace - after a smaller version of our current military is through kicking butt.

Nary a whisper of nationalization

Planet Money's Adam Davidson meets with a non-source and asks what he can leak about the nationalization issue.

The non-source's answer: bupkis.
The government official told me that if word leaked out in any way that the government was even considering nationalization, it could spook the stock markets so badly that all those troubled banks would, instantly, become dead banks.

Which makes sense.

So, if there were reports that a certain bank's future was being discussed by the Treasury Department, there would instantly be nothing to discuss.

The bank would fail, and the Treasury would have to move - simply because they discussed it.

Well, here's hoping those discussions are happening anyway.

(H/t Cool blog)

Thursday, February 19, 2009

We have not found Bin Laden

I don't know who to be more annoyed with - The professors who published the paper Finding Bin Laden - or the media synchophants who ran to them like rabid hyenas to a dead cow.
One of the most important political questions of our time is: Where is Osama bin Laden? We use biogeographic theories associated with the distribution of life and extinction (distance-decay theory, island biogeography theory, and life history characteristics) and remote sensing data (Landsat ETM+, Shuttle Radar Topography Mission, Defense Meteorological Satellite, QuickBird) over three spatial scales (global, regional, local) to identify where bin Laden is most probably currently located. We believe that our work involves the first scientific approach to establishing his current location. The methods are repeatable and can be updated with new information obtained from the US intelligence community.

Oh fer crying out sideways - is there any limit to the gullibility of the American press? I mean these Professors are on a lark - making a point that their methods are scientific as opposed to humint based studies.

Danger Room lays down a hard dose of reality.
...the geographers' paper suffers from a classic data-crunching problem: garbage in, garbage out. In this paper's case, the trash includes some hoary urban myths about Osama.
Will the editors of America rise up and punish the idiots who brought this story to our attention?

Arrgh!

The nationaliztion question that demands an answer

...is We already own the banks -- shouldn't we run them?

(Via CJR)
…it’s obvious that nationalization of the banks is a done deal. We bought them. We own them.

The only problem is that we’ve failed to exercise our right to control them…

The cash injections alone are almost enough to buy up all of BofA’s outstanding common stock twice over and Citi’s stock three times over. Yet the government has failed to demand any specific performance in return. There have been no sackings of management and no mandate that the money be applied to support loans in credit-strapped sectors, like small and medium-size businesses.
The author, Michael Hilzik, takes everybody to task and just spells out where we're at and what needs to be done.

Here's my favorite bit:

Step One should be dumping current management, he says. The banks' CEOs argue that their executive caste needs to stay put because they know best how to run the place. This is the sort of argument my mother used to characterize as, "I like me, who do you like?"

Even if one agrees that a core of professional management should be left intact, what's the rationale for not firing the boards? Bank directors presided over a disaster in a collective stupor, yet unaccountably continue to hold on to their seats with what George Orwell called "prehensile bottoms."

Pure gold, start to finish.

Prove it

Okay, this made me laugh.

Kathy Lovelace lost her job and was about to lose her house, too. But then she made a seemingly simple request of the bank: Show me the original mortgage paperwork.

And just like that, the foreclosure proceedings came to a standstill.

Lovelace and other homeowners around the country are managing to stave off foreclosure by employing a strategy that goes to the heart of the whole nationwide mess.

During the real estate frenzy of the past decade, mortgages were sold and resold, bundled into securities and peddled to investors. In many cases, the original note signed by the homeowner was lost, stored away in a distant warehouse or destroyed.

Persuading a judge to compel production of hard-to-find or nonexistent documents can, at the very least, delay foreclosure, buying the homeowner some time and turning up the pressure on the lender to renegotiate the mortgage.

"I'm going to hang on for dear life until they can prove to me it belongs to them," said Lovelace, a 50-year-old divorced mother who owns a $200,000 home in Zephyrhills, near Tampa. "I'll try everything I can because it's all I have left."


It shouldn't have - but it did.

Wednesday, February 18, 2009

Why I love Rachel Maddow

Dr. Maddow had Zbigniew Brzezinski on her show talking about our future in Afghanistan.

Smart question, smarter answer:
Maddow: It seems like the emerging, um I guess the emerging debate about what to do in the whole Afghanistan/Pakistan region - it comes down to this idea of about whether or not the problem can be out-governed instead of out-gunned. Whether this is something the US can be part of a constructive political solution, whether it really is a military issue. When I look at the evidently corrupt government - and, and a goverment of a limited reach of Hamid Karzai - and I look at the government in Pakistan which is only one year old and is bankrupt. It's hard for me to believe that we're, we've got enough- there's enough governance there to really solve this big problem.

Brzezinski: I can't help smiling because you used two words which we like to use when we become uncomfortable with those who are dependent on us - or who are, who are to some extent our allies. If we are uncomfortable with them we begin to say they are corrupt. Or now we're say that the Pakistanis are bankrupt.  What about us? We're close to being bankrupt, and you know Washington and I know Washington. What we have in this city is well-organized, legalized corruption.

Brzezinski was not done - he went on to point out that 160,000 Soviet troops lost in Afghanistan, and that (at first) the US won rapidly using 300 troops because the Afghanis were with us. He was less sanguine about our future prospects:
Brzezinski: We have wasted seven years, pursuing policies which were ill-defined - not seeing any realistic objective - and now we have to re-think this whole engagement very seriously and taking into account Pakistani and European views.

Good stuff.

The best food-safety enforcement tool

...is what we have now.

At least according to the WSJ editorial page (emphasis added)
Since the peanut butter-salmonella scandal was traced to PCA last month, the company and CEO Stewart Parnell have taken a very public path to corporate oblivion. Within weeks of linking the salmonella outbreak to contamination at its facilities, PCA's plants have shut down, its customers have fled, and the company has filed for bankruptcy protection. Civil lawsuits have been filed across the country.

[snip]


Regulators share some of the blame here, since the Washington Post reports they didn't even know the company's Plainview, Texas, plant existed until this outbreak. To hear consumer groups tell it, however, the answer to regulatory failure is -- more regulation! The Center for Science in the Public Interest is among those supporting a bill pushed by Representative Rosa DeLauro that would take food safety away from the Food and Drug Administration to create another, presumably more activist agency.

Other proposals would aim to trace food on every step of its journey of growing, sorting, processing, distributing and mixing on the way to grocery stores and pantries. But it's nuts to think any kind of reasonable inspection regime can make the food supply safer than it already is. Taxpayers can't afford to hire enough inspectors to guarantee the safety of the entire food chain. Meanwhile, such a regime will raise costs for law-abiding companies and consumers.

The best food-safety enforcement tool is the one now being wielded against PCA and Mr. Parnell in the form of corporate self-destruction. Their fate should be chastening to any company inclined to play fast and loose -- and will do more to enforce food safety standards than any army of inspectors.
Tell that to the nine people who died. Or the hundreds of people who got sick while the CDC scrambled to find out how widespread this problem was - or where it orignated.

We may not need an army of inspectors, but an improved audit trail for food products that affect vast swaths of the country would speed any future investigation AND increase the certainty that future offenders will meet the corporate oblivion that the WSJ embraces.

Comrade Greenspan

I can only share in the complete shock of others:


Here's the FT article

Late edit:

It just keeps getting stranger (emphasis mine):
“We should be focusing on what works,” Lindsey Graham, a Republican senator from South Carolina, told the FT. “We cannot keep pouring good money after bad.” He added, “If nationalisation is what works, then we should do it.”

(H/t to CJR, natch)

Gone in 20 seconds

Here's CJR's Ryan Chittum, on a WSJ piece:

The Journal has a superb A1 story today about a foreclosure “rocket docket” in Florida that gives homeowners fifteen or twenty seconds to “present” their cases.

Reporter Michael Corkery (disclosure: a friend and former colleague of mine) traveled down to Fort Myers to find judges there are hearing some thousand foreclosure cases a day in a frantic bid to cut down a backlog.
    Hoping to save her house, Saundra Hill Scott arrived at the county courthouse clutching dog-eared mortgage bills and letters from her lender.

    She need not have bothered. The foreclosure hearing lasted less than 20 seconds, with Judge John Carlin asking her two questions: Are you current on your mortgage and are you living in the home? She answered no and yes and then offered to show him her paperwork.

    “I don’t need to see that. That’s between you and the bank,” he said as he gave Ms. Hill Scott, her husband and three grandchildren 60 days to work out a deal with their lender or vacate their three-bedroom house.

Read the whole thing. 24,000 foreclosures at 20 seconds a pop - that's only three business weeks going flat out.

Nice.

Tuesday, February 17, 2009

Science as a diversion to the current economy

TED Blog has another fun talk that pokes fun at the current mess, and also discusses some coming science as well.

Juan Enriquez on The Ultimate Reboot:



It's a good time, although I don't know how uplifting his economic stuff is (or accurate) the science bit (about 7 min in) is pretty interesting.

Ack Ack

As in:
 
Ack!
Reuters - U.S. charges Stanford Financial with "massive" fraud
In a complaint filed in federal court in Dallas, the U.S. Securities and Exchange Commission accused the cricket-loving Stanford and two other top executives at Stanford Financial Group of fraudulently selling $8 billion in high-yield certificates of deposit.

and

Ack!
NYT - Adding Up the Government’s Total Bailout Tab
Beyond the $700 billion bailout known as TARP, which has been used to prop up banks and car companies, the government has created an array of other programs to provide support to the struggling financial system. Through Feb. 10, the government has made commitments of nearly $8.8 trillion and spent $2 trillion.
(H/t The Big Picture)
To which I would add...

Ulmp!

Monday, February 16, 2009

Down goes Kansas?

Okay, this is not the end of Kansas, but it's pretty frickin' bad:

(Via Calculated Risk)
Kansas suspends income tax refunds, may miss payroll

Income tax refunds and state employee paychecks could be late after Republican leaders and the Democratic governor clashed Monday over how to solve a cash-flow problem.
Payments to Medicaid providers and schools also could be delayed.
"We are out of cash, in essence," state budget director Duane Goossen said.

Missing payroll is one of those unthinkables - suspending tax refunds doubly so.

And Medicare and schools...?

Let's hope this is just posturing by the political types (who can then get destroyed) - because if this is the real situation - gonna be a lot of pissed people in Kansas.

A bonus by any other name

...is just as undeserved.

Bonuses are bad, therefore according to Morgan Stanley, they've become awards
[Morgan Stanley's] JAMES GORMAN: I’m going to turn to a topic that I suspect is near and dear to everybody’s hearts, which is retention. There will be a retention award. Please do not call it a bonus, it is not a bonus it is an award. The award will be based on ‘08 full year production. Clearly it would have been cheaper to do it off ‘09 but we think it’s the right thing to do and we’ve made that decision.

Not bonuses, awards. Got that?

Let's see - an award based on 2008 production for Morgan Stanley, that would be, what? Well, you lost billions - so I'd say the production was zero. Unless you want to pitch in - I'd say you should be happy to still be working.

As in, You have a job - Bonus!

But what if the payments weren't based on performance?

Is there an angle there?

Call them Retention payments.

(via GOOD blog and Reuters)
Morgan Stanley and Citigroup Inc are preparing to pay $3 billion of retention awards to brokers to keep them from fleeing a brokerage joint venture, the Wall Street Journal said on Friday, citing people familiar with the matter.

I'm picturing banks throwing taxpayer money at employees who are about to jump out of a sinking ship. Doesn't really sound laissez faire to me.

They put the kaibosh on this - we can look forward to yet another new term for giving money to the well-heeled and undeserving.

Late edit: CJR points out a Bloomberg article that hits this topic, hard.

AP vs Simon Johnson on executive pay

Here's the AP:
Congress strengthens executive pay limits

Sen. Christopher Dodd, chairman of the Senate Banking, Housing and Urban Affairs Committee, inserted strict rules into the $787 billion economic stimulus package over the White House's objections. Dodd's limits on bankers' bonuses are significantly more aggressive than those sought by Obama or Geithner in recent days, with much fanfare.

Dodd, D-Conn., said the restrictions — an executive making $1 million a year in salary could receive only $500,000 in bonus money, for example — are necessary if Obama plans to ask Congress for more money to save the financial sector.

[snip]

The stimulus bill, however, sets executive bonus limits on all banks that receive infusions from the government's $700 billion financial rescue fund. The number of executives affected depends on the amount of government assistance they receive. But as a rule, top executives will be prohibited from getting bonuses or incentives except as restricted stock that vests only after bailout funds are repaid and that is no greater than one-third of the executive's annual compensation.

The prohibition would not apply to bonuses that are spelled out in an executive's contract signed before Feb. 11, 2009.
Sounds pretty impressive eh?

Now here's Simon Johnson's take (from his interview with Bill Moyers, via The Big Picture):
SIMON JOHNSON: ...And [Treasury Sec. Tim Geithner] said, “The compensation caps we’ve put in place, for the executives of these banks, are strong.” And at that point I just fell out of my chair. That is not true. That is factually inaccurate, in my opinion.

BILL MOYERS: That?

SIMON JOHNSON: That this $500,000 limit, and deferred stock, is some kind of restriction on what they do? It’s deferred stock, Bill. It’s not restricted. You can get as much stock as you want, as soon as you pay back the government, you can cash out of that. That’s one.

Second, you can, sorry to get technical, but reset the strike price. This is something you and your and your viewers, you need to hear this one out. Just look for these words, okay, follow them through the press. When you get into trouble, when your company goes down, and you have massive amounts of stock options that aren’t worth much anymore, because the stock price has gone down, you say, “Oh, well, we’re going to reset our option prices.”

And, basically, it means that, at the end of the day, these people are going to walk away with tens if not hundreds of millions of dollars paid for by basically, insurance policy that you and I are providing.

Think of it like this, our taxpayer money is ensuring their bonuses. We’re making sure that companies, that banks survive. And eventually, of course, the economy will turn around. Things will get better. The banks will be worth a lot of money. And they will cash out. And we will be paying higher taxes, we and our children, will be paying higher taxes so those people could have those bonuses. That’s not fair. It’s not acceptable. It’s not even good economics.
Late edit: Forgot to link to TBP for the Moyers transcript. Whoops.

Sunday, February 15, 2009

Packing the Court

JB over at Balkinization has posted one of the four recommendations for judicial reform being sent to Congress.

The lone one JB supports concerns appointments to the Supreme Court. Get a load of this:
  • A new appointment is made to the Supreme Court every two years.
  • All justices currently on the court remain
  • Court cases are heard by the nine junior justices on the court.
  • Justices who are senior to nine or more justices are considered Senior Justices
  • Senior justices will fill vacancies on the court when junior justices recuse themselves or are otherwise unavailable
  • Senior justices called to fill vacancies will be called in order of reverse seniority.

As in, the Supreme Court would have a bench behind the *ahem* bench.
The more junior justices there are beneath you, the less chance you will have to decide a case.

Senior Justices would still be allowed to rule on petitions for certiorari and court rules, but couldn't write opinions unless they were filling a vacancy.

Interesting.

Some flavor of this would certainly make the Court more responsive to the current political climate - but I have think that more turnover means more frequent political struggles. True - each president could count on an equal number of appointments - so I guess that's a plus. This whole "appoint the young & healthy" trend would become moot.

Dunno. I guess if the appointments became a known quantity the court's composition would stop being as subject to acts of God (death, disease, etc).

Saturday, February 14, 2009

Burris: Now that I have the job, there are a few things you should know...

Burris, now safely seated in the Senate, now feels the time has come to open up.

Burris: Blago asked for $10k
[Burris'] affidavit is dated Feb. 5 -- three weeks after Burris was sworn in to replace President Obama in the Senate.

[snip]

"There were several facts that I was not given the opportunity to make during my testimony," Burris said. "I voluntarily submitted an affidavit so everything was transparent."
Burris, you are so not getting re-elected.

Barry Ritholtz 'splains the stimulus

The Big Picture man puts it all in perspective:
Q. What is an Economic Stimulus Payment?
A. It is money that the federal government will send to taxpayers.

Q. Where will the government get this money?
A. From taxpayers.

Q. So the government is giving me back my own money?
A. No, they are borrowing it from China. Your children are expected to repay the Chinese.

Q. What is the purpose of this payment?
A. The plan is that you will use the money to purchase a high-definition TV set, thus stimulating the economy.

Q. But isn’t that stimulating the economy of China ?
A. Shut up.

Friday, February 13, 2009

Stevens prosecutors = Keystone cops

You really gotta be kidding me.

I mean, the early rumblings of prosecutorial misconduct in the trial of Ted Stevens did not bode well. I was surprised they got a guilty verdict. I had rationalized that Stevens was so unbelievably corrupt - even bad prosecutors could score a win.

So now, with Stevens out of office the legal wrangling continues - and despite a new administration - the DOJ's foolishness knows no bounds.
Last month, [Federal Judge Emmet] Sullivan ordered the Justice Department to turn over all the agency's internal communications regarding a whistleblower complaint against the FBI agent leading the investigation into the former Alaska senator.

The agent, Chad Joy, bitterly complained about some Justice Department tactics during the trial, including not turning over evidence and an "inappropriate relationship" between another agent working the case and the prosecutor's star witness.

[snip]

During Friday's hearing, Sullivan repeatedly asked three Justice Department attorneys sitting at the prosecution's table whether they had some reason not to turn over the documents. They finally acknowledged they did not, and Sullivan exploded in anger.

"That was a court order," he bellowed. "That wasn't a request. I didn't ask for them out of the kindness of your hearts. ... Isn't the Department of Justice taking court orders seriously these days?"

He said he didn't want to get "sidetracked" by deciding a sanction immediately and would deal with their punishment later. But he ordered them to produce the material by the end of the day.

"That's outrageous for the Department of Justice — the largest law firm on the planet," he said. "That is not acceptable in this court."

Judge Sullivan ended up holding three prosecuting attorneys in contempt. He should have found them guilty of being stupid.

And this bit?
[The FBI whistleblower] also said the lead FBI agent in charge of the investigation, Mary Beth Kepner, had an inappropriate relationship with witness Bill Allen, the Alaska millionaire at the center of the investigation. Joy said he once saw Kepner entering Allen's hotel room alone and that Kepner told Joy that she wore a skirt during her appearance at the Stevens trial as a "surprise/present" for Allen.

He accused her of developing close personal relationships with other witnesses — inviting them to dine at her home, revealing details of FBI investigations and accepting gifts from them, including a job for her husband as a security guard at the Port of Anchorage, Alaska.

I mean what the freaking hell, people?

Who do these guys think they are, the Department of the Interior?

(H/t TPM)

Haec credam a deo pio, a deo justo, a deo scito?

This...is seriously messed up.
A 9/11 Widow, Killed in Crash Near Buffalo
I've said it for my own reasons, but it's doubly true for Ms. Eckert:

Some things are immune to all reason.

We base our killer drones in Pakistan?

At least according to Sen. Feinstein, we do.
Which is news to many Pakistanis. Their President has called the strikes -- more than 40 in the past year --  "counterproductive"; their prime minister, "intolerable." Pakistan's army has practiced shooting down the drones. 
(Via Danger Room)

Her office is sourcing that comment to a WaPo article - which might be true, or just good cover for the kind of gaffe that will require considerable smoothing of Pakistani feathers.

(I'm all for funny gaffes but you know, there are limits.)

Down goes Ireland?

Simon Johnson on Baseline Scenario is bearish on Ireland.

According to Johnson - the Emerald Isle is flashing red.

Yikes.

Pebble shot

Sean Quin takes the WH statement of Sen. Gregg's withdrawal as Commerce Secretary a bit harder than I did.
Here is the statement the White House just put out on kicking Judd Gregg to the curb, in full:
    “Senator Gregg reached out to the President and offered his name for Secretary of Commerce. He was very clear throughout the interviewing process that despite past disagreements about policies, he would support, embrace, and move forward with the President’s agenda. Once it became clear after his nomination that Senator Gregg was not going to be supporting some of President Obama’s key economic priorities, it became necessary for Senator Gregg and the Obama administration to part ways. We regret that he has had a change of heart”.
Translation: Gregg asked us for the gig and lied to us, so eff him, this is his fault.

As one longtime White House correspondent just told me, "I have never seen a White House statement that kicks someone in the balls that hard before."

As Quinn actually knows something - I'm inclined to wonder if Sen. Gregg sees it this way, too.

Thursday, February 12, 2009

Invisible eye in the sky

Okay, Special Forces are moving into the realm of Enemy of the State technology.

Some of the pointless billions wasted on systems that are useless against insurgents (F-22, B-2) will be diverted towards the production of something called the Hummingbird.

The Hummingbird is a remotely-piloted-vehicle with one hell of a camera (1.8 GIGA pixels) and the ability to hang around.

Danger Room explains:
The Hummingbird is unique in its ability to hover at high altitude (over 15,000 feet) and its endurance of over 20 hours. This means it can park high in the sky and scan a wide area. Robo-chopper camera-maker BAE Systems says that its imager will be able to cover an area of over a hundred square miles. The refresh rate is fifteen frames per second and a "ground sample distance" of 15 centimeters –- this means that each pixel represents six inches on the ground.
Meaning the Hummingbird is way the hell up in the air - stays there all day - and can spot objects as small as a kleenex box.

Combine that with the ability to track bullets in flight - and you get a major boogeyman feeling. (Picture rewinding this kind of film to see the bullet hitting its target, then playing it in reverse to locate its shooter.)

Ground forces with a realtime God's-eye-view can seriously mess up conventional forces.

Freaky.

One last run at the trough

(Via CJR's Ryan Chittum)

Old news: Wall street firms paid big bonuses before holding out their hands for public dollars.
e.g. Merrill Lynch, paid out $4 billion dollars worth of bonuses for 2008.

New news: The distribution of those bonuses is worse than you think.

Let's understand that Merrill Lynch employs some 39,000 people. 
Fifty-three Merrill bankers got bonuses of more than $5 million each. The top four got $121 million total. The FT goes further:
The next 10 bonus recipients took home $128m in incentive pay, while the top 149 recipients got $858m in aggregate payments.
That'd be 149 employees sopping up almost a quarter of the $4 billion Merril paid out in bonuses.

What's the word I'm looking for.... clawback??!!

P.S. Oh yeah - NYAG Mario Andrew Cuomo's not at all pleased by this.


Late edit: corrected my Cuomo. Thanks, Russ.

Gavin: Donald Luskin = Colossal idiot

(via digby)

Oh my heavens...

Sadly, No! carpet-bombs Donald Luskin with his own stupidity.

It's hard to read - but Luskin so totally deserves a good beating, you can't turn away.

A bright light in the dark field of justice

Emptywheel and bmaz interpreting Judge Walker's latest order in the FISA immunity case, In Re: National Security Agency telecommunications records litigation:
Emptywheel: Say, Mr. AG, I'd really appreciate seeing some of your original lawyering work on this one, please. I've seen what the dead-enders want to give me, and I'm not really interested in seeing their stale arguments rehashed again. Unless, of course, you're really willing to adopt their completely indefensible position as your own?
bmaz: Ladies and gentlemen, Vaughn Walker is on a mission. As most of you know, I have thought that was the case for quite some time now. But jeebus, and seriously, I have rarely, if ever, seen a judge more on top of a subject, loaded for bear and out in front of a case as we see here. It is awesome and impressive. He is anticipating what the parties are going to argue and how appellate courts are going to rule in the next set of appeals, all from a pre-trial posture. He is treating this case with the respect, depth and care that it deserves because nothing short of our Constitution and Fourth Amendment thereto is at issue. There are precious few bright lights in the dark field of justice these days; irrespective of how it all plays out in the end, so far this sure looks like one of them.

Here's hoping they're right.

Chilling out vs. Killing the Zombies

I want to put these two guys in a room and watch them fight:

Nate Silver: Give Geithner a Break
I'm sorry, but somewhere between 99.9% and 99.999999% of us are severely underqualified to be making policy recommendations on this particular issue. And I'm certainly in the majority on this one. My anecdotal experience for the past several months has been that the more someone knows about the economy, the more they know (or at least are willing to admit to) what they don't know. Anyone who is professing with certainty that this or that will work -- nationalizing the banks, for instance -- is an idiot.
Martin Wolf: Why Obama’s new Tarp will fail to rescue the banks
The correct advice remains the one the US gave the Japanese and others during the 1990s: admit reality, restructure banks and, above all, slay zombie institutions at once....Mr Obama is taking a huge gamble. He should have resolved to cleanse these Augean banking stables. He needs to rethink, if it is not already too late.
My own fury at Wall Street's ineptitude and greed makes me predisposed to any plan that involves making Wall Street suffer - a LOT, but I'm genuinely confused.

I've never understood how the government buying bad investments is a good deal for the government. I'm sure the banks selling them would disagree - but I'm pretty sure they're only interested in their own survival.

Geithner's "We'll tell you the details later" approach makes me think there's still wrangling going on - but if Mr. Wolf is right, we're already sinking and emerging details are just where to put the deck chairs.

Cripes.

I wish I knew.

Late edit: 
This NYT article is very encouraging
Nearly 100 federal banking regulators descended on Citigroup in New York on Wednesday morning. Dozens more fanned out through Bank of America, JPMorgan Chase and other big banks across the nation.

[snip]

At the center of this effort, part of the Obama administration’s plan to shore up the nation’s financial industry, is a new stress test for banks that federal officials are devising.

[snip]

“What you are left with is that we are going to nationalize banks that fail the stress test,” [Stanford Group analyst] Mr.[Jaret] Seiberg said. “How many big companies are going to want to do business with government-run banks?”
CalculatedRisk explains:
It sounds like the stress tests could be completed within "weeks" at some banks, and I think 30 days is sufficient for all 18 or so banks with $100 billion in assets.

The banks will probably fall into one of three categories:

1) No additional assistance required. These banks will definitely want this publicized!

2) The banks in between that will need additional capital. This is where the Capital Assistance Program comes in...
[snip]
3) Banks that will need to be nationalized or sold.

Uhhh, no thanks. My lawyer says I'm full...

...or something like that.

Stewart Parnell (CEO) and Sammy Lightsey (Plant Manager) of the ["Ship 'em with salmonella"] Peanut Corporation of America testified before congress today.

They took the Fifth Amendment for everything.

Emptywheel provides the capper:
But the highlight of the hearing came when Congressman Greg Walden (R-OR) offered up a plastic bin wrapped with big yellow CAUTION ribbons--with Peanut Corporation peanut material inside. Walden asked Parnell and Lightsey if they would be willing to eat some of their own product right there, before the Sub-Committee.

"On the advice of counsel, I uh respectfully exercise my rights Fifth Amendment of the Constitution."

A simple yes or no might have sufficed.

Ooooooooh, Snap!

Wednesday, February 11, 2009

Sat-on-Sat

Something I've always wondered about just happened.
In an unprecedented space collision, a commercial Iridium communications satellite and a defunct Russian satellite ran into each other Tuesday above northern Siberia, creating a cloud of wreckage, officials said today.

The international space station does not appear to be threatened by the debris, they said, but it's not yet clear whether it poses a risk to any other military or civilian satellites. 
(Via Spaceflight Now and Danger Room)

Pearlstein to Wall Street: You suck

Oh how I love this. 

Short version - The Washington Post's Steven Pearlstein tees off on Wall Street and then kicks them when they're down.

His windout is the best: A community banker named Kim Price suggested using federal bailout funds to offer below market interest rates without closing costs to home buyers who buy homes financed by the same bank. Sound good?

Pearlstein thinks so - and he wonders what Wall Street thinks, too:
So here’s a question the House Financial Services Committee might put to the Titans of Finance: How is it that Kim Price, a community banker with an undergraduate degree from Appalachian State University, a tiny executive staff and a pay package that you would consider insulting, somehow managed to come up with a more creative use for his government bailout money than any of you?
Damn good question.

Late edit:

The bankers are finally going to get their hearing. While I don't expect miracles - it will be nice to see the titans of Wall Street get the same treatment given to Detroit.

Look into the camera, you tax fattened hyena - and tell me why we shouldn't already own your sorry ass.

Later edit:
Oh, those crafty bankers... they're way ahead of things.

Unforgivable

This, from Countdown's Worst Person segment (emphasis mine):
Our winner is Dr. Anderew Wakefield. He is the doctor, almost single handedly responsible for the paranoia in some parents, worldwide, for a decade now about letting their kids get the MMR vaccination - measles, mumps & rubella.

His research, published in February 1998 in the British medical journal the Lancet suggested that the MMR triple vaccine was a likely cause of autism via some new kind of inflammitory bowel disease that the vaccinations induced with symptonms appearing within days.

He apparently made it up.

The Times of London has obtained the actual hospital medical records of the vaccinated kids on which Wakefield based his conclusions.

There were only 12 kids in the study, and their ailments as described in the article were different than the ones in their hospital records.

Worse still, Wakefield left out the fact that in several of the 12 cases there had been concerns before the vaccinations that the kids were not healthy enough to be vaccinated. And the hospital records show nearly all of the kids had no bowel troubles at all, while Wakefield's article said they all did.

Dr. Andrew Wakefield, who may have put millions of kids at unnecessary risk for measles, mumps, rubella and who knows what else...?

Today's worst person in the world.

Also, the Lancet is accusing Wakefield of failing to disclose a conflict of interest involving the selection of the participants in his study and a possible financial benefit they or Wakefield could have received as the result of separate litigation involving autism.

This will not end the vaccination debate by a long shot - but when you think of the fear, misery and death visited upon families because some people were too afraid to vaccinate their kids - you hope this guy will have to answer for pitching bad science and calling it truth.

Somebody out to beat his ass.

Late edit: for those interested in a fuller version of Wakefield's sorry story - E passed along this article by Brian Deer

The MMR-autism crisis - our story so far

On State Secrets and the Lord of the Rings

David Luban has a great post, You Cover It Up, You Own It, over on Balkinization. It's about the Obama administration's support of Bush policies on state secrets.

Here's a nice bit:
One question is whether the state secrets doctrine concerns facts or documents.  That is:  does it mean that government documents cannot be entered into evidence because they are secret?  Or does it mean that the underlying facts are "state secrets" that can never be ventilated in an American courtroom, even if they are well known everywhere else in the world and the plaintiff can prove them using publicly available evidence?

The latter position -- that the state secrets privilege is a rule about facts, not about evidence -- is absurd, but it is the government's position.
Like many who voted for the man, I'd be very curious about what motivates a decision like this. If it's just continuity until key players are ramped up enough to change the policy - okay. But you'd think if this was so, there would be an attempt to get this across. There have been great strides on secrecy law in the past few weeks - so it's probably too early to pronounce judgement.

But I'm not encouraged.

Luban has a great closer, though:
It's time to throw away the Ring, Frodo, before it hooks you and enslaves you.

Tuesday, February 10, 2009

Like a cuttlefish squirting out ink

(via Hullabaloo)

The late great George Carlin had an absolutely brilliant routine concerning his disdain for the rampant use of euphemisms to sugarcoat hard truths. As an example, he traced the metamorphosis of the term “shellshock” throughout the course of 20th century warfare:
    There's a condition in combat. Most people know about it. It's when a fighting person's nervous system has been stressed to its absolute peak and maximum. Can't take anymore input. The nervous system has either (click) snapped or is about to snap.

    In the First World War, that condition was called “shell shock”. Simple, honest, direct language. Two syllables, shell shock. Almost sounds like the guns themselves.

    That was seventy years ago. Then a whole generation went by and the Second World War came along and the very same combat condition was called “battle fatigue”. Four syllables now. Takes a little longer to say. Doesn't seem to hurt as much.” Fatigue” is a nicer word than “shock”. (Stridently) “Shell shock!” (Subdued) “Battle fatigue”.

    Then we had the war in Korea, 1950. Madison Avenue was riding high by that time, and the very same combat condition was called “operational exhaustion”. Hey, we're up to eight syllables now! And the humanity has been squeezed completely out of the phrase. It's totally sterile now. Operational exhaustion. Sounds like something that might happen to your car.

    Then of course, came the war in Viet Nam, which has only been over for about sixteen or seventeen years, and thanks to the lies and deceits surrounding that war, I guess it's no surprise that the very same condition was called “post-traumatic stress disorder”. Still eight syllables, but we've added a hyphen! And the pain is completely buried under jargon. Post-traumatic stress disorder.

    I'll bet you if we'd of still been calling it shell shock, some of those Viet Nam veterans might have gotten the attention they needed at the time. I'll bet you. I'll bet you.
Well said.

To catch a crook

This is interesting. Emptywheel lays out a scenario where a questionable US Attorney is going after a questionable Congressman - Jack Murtha

I'm not sure who I'm rooting for.

Idiots interviewing experts

This video is all over the blogs, but if you haven't watched the CNBC types make total dorks of themselves interviewing two economists who predicted the current mess.

The experts are talking nationalization and overhaul of a failed banking system - the CNBC people want to know what stocks they should start buying.

Ye gods.

(H/t to TPM)

"Baby mama" as a term of art

Court’s “baby mama” remark leads to resentencing

A Caucasian judge’s comments on the African-American defendant’s lifestyle and his “baby mama” could lead to a reasonable perception that the sentence was imposed at least in part because of race, a three-judge panel of the Wisconsin Court of Appeals held.

[snip]

“Where do you guys find these women, really, seriously,” the judge remarked. “I’d say about every fourth man who comes in here unemployed, no education, is with a woman who is working full-time, going to school. Where do you find these women? Is there a club?”

Later, the judge said, “Mr. Harris sits at home, gets high while his baby mama works and goes to school. I swear there’s a club where these women get together and congregate.”

This line from Judge Kitty K. Brennan's dissent is priceless:
“At worst, the ‘baby mama’ comment here is an awkward attempt by the trial court to sound hip to a defendant when explaining how his idleness and lack of ambition are negative character traits especially in contrast to the mother of his child,” Brennan wrote.

Further, Brennan said the judge used the term “baby mama” a second time after mistakenly referring to the mother of Harris’s child as “your wife.” The judge had to correct himself and state, “not your wife, your baby mama.” Brennan said these circumstances yield no racial subtext.
At least according to Judge Brennan, baby mama is a discrete rung in the relationship ladder.

Monday, February 09, 2009

Pat me on the head

This little NASA video encapsulates my existence nicely.

NPR - Astronaut's video satirizes NASA Bureaucracy

The video quality is a few steps short of Hollywood - and is not hilarious - but is a good illustration of how large organizations reflexively resist change.



The differences are legion- chief among them:

-I do not design spacecraft
-My ideas aren't based on hard science
-People do not die horrible deaths if my advice is not followed

Which is not to say I feel any less nullified when I'm told that a suggestion is out of scope but may be addressed in a (notional) future project.

I have my doubts that the utopian vision of Google's decision making process is accurate. After, all - resources are finite. Somebody has to say no, and employees who are told no will not be happy.

I suspect a big part of this issue is how a person is told no. Some think you need to be nice. Patronize the innovator, pat them on the head and they will leave happy. Wrong - they will know they are being patronized.

I think a better approach is to show the innovator the reason for no. The problem with the managers depicted in this movie (and let's face it - many real managers) is that they don't know the reason for saying 'no'.

So they make one up.

It's not in our plan.
We have no requirements.

These are not answers - these are just a person who cannot be bothered to give you an intelligent answer.

Which is not to say every self-styled innovator deserves full-on attention from the higher ups.

Som ideas truly suck - cost too much, create more problems, or just don't work. I'm guessing the brilliant-to-sucky idea ratio doesn't favor good innovation.

But picture the manager who takes the time to get the good answer, or steer the innovator to people who will provide that answer.

People who will take a collegial attitude towards the suggestion. Hey, we tried that two years ago. Here's what we found. Are there things we missed?

The mercurial 'no-and-here's why' explanation that isn't a smackdown.

Over the course of my fractured career - I've been that person who felt a sudden burst of insight. Most times I've been wrong. I find that a wider perspective dispells most of my good ideas - but frankly I'm okay with being wrong - so long as I get to learn something.

When my manager roadblocks me in the name of expediency, I still learn. I just learn I have a bad manager.

Sunday, February 08, 2009

Three way

My house is cold.

I blame Borders.

I'm sure they'd disagree, but following the causal chain back a mere 48 hours find me looking at a display in their store.

It was for a collection of Ten Pound Books.
Come to think of it, they're responsible as well. I was looking for a how-to on patios and got sucked in by their home improvement porn.

Page after page of idealized homeowners calmly bending homes to their will.
Tidy summaries of every imaginable problem – and how impossibly easy they are to solve. I buy a book on outdoor projects (patio) and one on indoor projects (because, then I'll have everything! ).

I'm thinking of all the awkward wiring in my house – when I see it: a programmable light switch. Yeah – a programmable light switch!!

I'll explain.

I have this thing where I like to have the porch light on at night. All night. Adds light to somebody's walk home, welcomes someone seeking help in the night, banishes my personal portion of darkness, etc. My one contribution to my neighborhood. I give you light.

Winter complicates this simple gesture by making darkness fall before E and I get home at night. Either I leave the light on all the time (which seems wasteful) or I flip it on when we get home (meaning we unlock our door in the dark). Lame and lamer.

Enter the Ten Pound Book. Ho-HO! it crows – have you heard of a programmable light switch?

I had not. Tell me more, oh wondrous enabler!
 
You swap your regular switch for a programmable one that can be set to go on and off at set times of the day.

It's that easy!

Well, I say (in the time honored manner of those destined to be humbled) even I can do that.

So the next day, I'm in the hardware store on some other thing and I go looking for one of these switches. I ask some young guy – in clear violation of rule one - He wastes my time for about five minutes before I find one at the other end of the store.

It's shiny. It has pre-programmed times for dusk and dawn that can be tailored to your time zone. Then you just say, On at dusk, off at dawn.

Cool! There's only one left and (though it seemed unimportant at the time) it was white.

I buy it.

Soon as I get home, I get cracking. This is a simple job. There's one switch to the porch lights. All I have to do is turn off the power, take out the old switch, and swap in the new switch. Five minutes.

Except there's one complication: the breakers in my house are not labeled. Well, they do have labels – it's just that the labels are completely inaccurate.

“Kitchen outlets” declares the breaker that (I know from experience) leads to the master bedroom. “Down lights” controls outlets on the second floor, and so on.

When we remodeled the kitchen a good number of these got mapped properly – and I have a Google spreadsheet that I've been updating when I learn something definite (two prior written attempts were “relocated” by small people).

Today, this ends! I turn on everything and begin mapping the breakers. In short order I have verified all but three switches #2 (the furnace), #22/24 (the A/C) and #5 (which does nothing as far as I can tell).

First hurdle cleared – and I have a (nearly) complete breaker map.

I'm so good.

Enter the next complication: the hall light switch.

The switch for the porch light is in the same box with the switch for the front hall. I work with the porch light; I have to work around the hall switch.

It's a three way. And it's on a different breaker. Breaker #1.

No problem, Turn off both breakers, swap out switch – done.

I pull out the old switch, and break out the new, programmable one. It's a massive cube. The electrical box I'm putting it into? Not so much.

Bonus: whoever put this box in didn't bother trimming the sheet rock around it, and even wallpapered over the screws for each switch. I'm an idiot, and even I know you don't do that. Also, the box is full of bits of broken sheetrock.

Nice.

I vacuum out the box, spent an inordinate amount time moving the bird's nest of wire aside to make room for the programmable, and ultimately get to a point where I'm ready to put the cover back on.

Now, I'd bought a cream colored switch cover (with two openings) under the assumption that I'd just deal with the programmable being a different color. All the old covers in my house are that way – I figured if the bulk of the color matches, I won't care.

One day, maybe I'll swap out the three way, get a new cover and make them all white.

I stand up to get my screwdriver.

SNAP!

I look down. My foot is on the switch cover – which has broken in three pieces. I had barely put any pressure on it, and it's flat! How did it…?

Directly under the switch plate is a small piece of sheet rock, fallen from the electrical box – and optimally positioned to stress and break the cover.

I look at the electrical box. It grins.

Well played…

Apparently – I'm going back to the hardware store to get a switch cover. If I'm going to do that – (and here is the critical mistake) I figure I might as well get a white three way switch and have uniformity.

Do it right. Dad would be proud.

I go and buy a white three way switch and switch cover. Last time, the clerk guessed the cover's price at $0.75, now he bills me the full $2.49.

It's an omen.

Back home, I read and re-read the Ten Pound Book's section on three way switches. I examine the pretty picture in minute detail. No surprises.

I pull out the hall light switch. It looks nothing like the pretty pictures.

And right here – I realize the fatal flaw of books that have tidy summaries and step by step photos: they tell you how to solve an idealized problem.
The electrical Frankenstein you find in your wall? They don't tell you jack.

No problem. I have three wires going to an old switch, and when I'm done I'll have three wires going to a new switch. Black goes to common, the other two go to the travelers. I'm good.

Breakers on. Test. The switch works, but it's not a three way anymore. The other hall switch now nullifies my new switch.

Oh, I'll just swap the red and black. The red was on the common before, and I'd put black on common out of caution.

Test? Nope.

I open the other hall switch. I diagram its wires.

Okay, I fire up the interweb and look at all the diagrams for three way switches I can find.

None of them resemble what I'm seeing.

I'd started in early afternoon, stopped for dinner and now it's dark. I'm working by flashlight, because (months ago) the boy broke my trouble light.

This is what I wanted to avoid – scope creep and working by flashlight. I can't figure out what the hell is wrong with my new switch, but I know that the old switch worked.

So, I put the old one back in. Breaker on, test – it works.

Good enough. Dad would spit on me, but I need to get this damn thing done. I leave the breaker on and start muscling the switches far enough apart to get the cover on. At some point I lever it with a screwdriver and-

*Pop*

Sparks , smoke – it's suddenly dark.

Dammit. The wires on the old switch had been stripped back a little too far and I'd managed to touch the hot wire and the metal of the box.

I tripped the god dammed breaker. Breaker #1 controls the hall light AND the garage lights but since it's the first breaker – it's on the top, so it's easy enough to find.

I pull the breaker towards me. Nothing happens.

Hmmm – you don't suppose I ruined something at the switch?

Back to the switch, I check with the flashlight – everything's still attached.

I bring the flashlight back into the garage and look at the breaker. It's kind of in the middle.

Didn't pull it enough.

Off again. On again. The hall light is back on. I re-check to see nothing's ruined/scorched/waiting to explode then turn the breaker off again.

Then I suck it up and ask E to hold the damn flashlight while I cut off the wire ends, strip them to a reasonable length and put the switch back in.

Switch back in, breaker on, lights on.

E points out I should cut the plaster to make the programmable fit better (*smack own head*) so I do. Then I vacuum out the debris (I'm SO better than that guy ).

Moment of truth…

The plate doesn't fit. The big opening is just a hair too small. Now, the last plate - the broken one? Totally fit.

This new one - the $2.49 one? Does not fit.

We're past pretty. I get my box cutter and scrape the opening wider. I tighten the screws and….?

The cover comes with four screws, two long, two short. The short ones are too short and don't reach the outlet.

I get some beige ones from another cover. I'm so over this.

Cover on. Programmable programmed (it even works!). Test the three way, and it works like it should. It's the old switch – beige behind a white cover – but it works.

I glare at the switch. Okay. You're done.

I go to bed.

Hah!

Morning.

E's waking me up. Telling me it's 60 degrees in the house.

I'm like… Whaaa?

I'd flipped the mystery breaker #5 off, maybe it was the… No! I'd turned it back on, because I was afraid that it would be something important.

So, how…?

I go to the thermostat. It has no power.

I go to the breaker box.

Breaker #2 (the furnace) is off.

Last night, after I'd tripped the hall light breaker, I'd reached into the dark towards the easy to find #1 and grabbed #2 (which is also at the top of the box). If # 2 was in the same column, pulling it towards me would have no effect. Happily #2 is in the opposite column – so pulling it towards me turned it off.

I turn the furnace on and get some coffee. Game, set, match – three way.

E wants to go to Borders today. Me too. I'm going to give those people a piece of my mind.

Friday, February 06, 2009

This just in: DOJ legal opinions = de facto immunity

(Via TPM emphasis mine)

The Obama administration will not prosecute CIA officers who participated in harsh interrogations that critics say crossed the line into torture, CIA Director-nominee Leon Panetta said Friday

Asked by The Associated Press if that was official policy, Panetta said, "That is the case."[snip]Panetta, in an interview with the AP after a second day of confirmation hearings with the Senate Intelligence Committee, said that he arrived at that conclusion even before he began meeting with CIA officials.


"It was my opinion we just can't operate if people feel even if they are following the legal opinions of the Justice Department" they could be in danger of prosecution, he said.

Panetta demurred on saying whether the Obama administration would take legal action against those who authorized or wrote the legal opinions that, for a time, set an extremely high legal bar for an action to constitute torture.
Meaning, if the DOJ chooses to issue opinions that contradict existing law, all who refer to them cannot be prosecuted?

What the hell, people?

Persona non grata

Stunned...

The producers of Tent Show Radio and Wisconsin Public Radio have decided to cut Tent Show's founder, Warren Nelson, from its broadcasts in light of allegations against Nelson of sexual assault and battery.


Mike Crane, WPR's acting director and chief operating officer, said Thursday the show will be re-cut with an alternate host, and an edited version could appear as early as Saturday.
(Via the Ashland Daily Press - login required)

I've listened to him on road trips, seen him live, and basically assumed he was just what he looked like - a local talent doin' good.

What a shame.

Truth in Advertising

The world has seen this, but in case you're like me and hadn't - you should watch it.

Hulu's superbowl ad:



(H/t The Big Picture)

Thursday, February 05, 2009

WOW is that stupid

While I realize that there are people paid to worry about what Al-Qaeda and other pschyos are planning - I think some of them might need a little less free time

National Defense University Professor Dwight Toavs wants us to visualize how World of Warcraft could be used by terrorists to plan an attack.



After all - it has chat.

Thanks for the insight, Dwight, but just because WOW has good graphics doesn't mean it's any more likely to be used by the bad guys.

Aside from more background noise, what can WOW provide that couldn't be accomplished by an anonymous FTP server and a basic chat application?

I get that using a popular program helps capture interest and attention, but I'm hoping there's more than that behind the latest version of Warning!! The internet can be harnessed to do evil!

Sheesh.

Wednesday, February 04, 2009

Who to watch in Washington

With the stimulus bill stonewalled in the Senate - I thought this was interesting...

FiveThirtyEight has done some analysis of which members of congress can expect some serious attention from both sides of the aisle:
...the most powerful women in America might be the club of four Republicans in the United States Senate: Olympia Snowe, Susan Collins, Lisa Murkowski, and Kay Bailey Hutchison.

Nate Silver has logged their (admittedly few) votes thus far and shows that there's reason for the GOP to worry and for the Dems to curry their favor.

Interesting stuff

We're only asking for help because we don't need it

FDIC is asking the Treasury Dept. to triple its borrowing limit. Rep. Frank says they have no immediate need.

Calculated Risk says what I'm thinking:
"No immediate need". Famous last words.

In the last 30 days we've had - what - 6 bank failures?

Taxes are for poor people

Brian Tamanaha has a nice juxtaposition about paying taxes in this country.

He points out-
...the odd contrast between the front page story and a back page story in the New York Times yesterday. The front page story was about Daschle (and Geithner) underpaying tens of thousands of dollars of taxes.

The back page story was about illegal immigrants who are dutifully paying taxes (according to the IRS, $50 billion dollars between 1996 to 2003). Indeed, these illegal immigrants are so anxious to pay their taxes that they have utilized fraudulent social security numbers to do so. The rub is that--to the dismay of the IRS--various law enforcement authorities are now seeking to use the tax records to find the illegal immigrants and bring them to justice.

The article suggests that these illegal immigrants have an ulterior motive for paying taxes, hoping this provides evidence that they will be good citizens. ...What is clear is that these people by and large do not make a lot of money, yet they willingly hand over a chunk of it to Uncle Sam, at risk of getting caught and losing everything.

The contrast seems bizarre: two public-minded elites substantially underpay their taxes (yet earn nominations to Cabinet posts), while illegal immigrants duly pay their taxes (and authorities use these payments to track them down).

While Mr. Tamanha's pairing of these items is artificial - the illustration that illegal aliens are paying taxes is a useful bit of information. It should really crop up more often in the immigration debates than it currently does.

Tuesday, February 03, 2009

All our base don't belong to us

YT - Kyrgyzstan Said to Deny Base to U.S.

Long War Journal - Taliban sever NATO supply line through Pakistan's northwest

While I don't have a hard count of all the access ports the US & NATO are using to get into Afghanistan - it seems pretty clear that the few we have are tenuous.

-And that if this is true:
AP - NATO says members may use Iran for Afghan supplies

NATO would not oppose individual member nations making deals with Iran to supply their forces in Afghanistan as an alternative to using increasingly risky routes from Pakistan, the alliance's top military commander said Monday.

We are now willing to play with Iran in order to get supplies into Afghanistan. I'm not savvy enough to know if that is as big a leap for NATO as it would be for us, but I'm thinking if NATO is making public noises about dealing with Iran - that's not a good sign.

(H/t to Danger Room and Long War Journal)

Down goes Daschle

Fox News - Daschle Withdraws Nomination for HHS Secretary

No cheeseburger for you.

Blame it on free money

We find each $100 of FEMA-provided disaster relief increases the average state's corruption by nearly 102 percent. Our findings suggest that notoriously corrupt regions of the United States, such as the Gulf Coast, are in part notoriously corrupt because natural disasters frequently strike them. They attract more disaster relief, which makes them more corrupt.
-Peter Leeson (George Mason) and Russell Sobel (West Virginia U.)
Weathering Corruption (2008)
E passed along this little nugget from the Clarion Ledger
Gulfport mayor, wife indicted in Katrina fraud
A federal grand jury Wednesday indicted the Gulfport mayor and his wife on 16 counts of Hurricane Katrina-related fraud involving more than $222,000 in government grants they received to repair damage to a beachfront house.

Mayor Brent Warr and Laura Jean Warr potentially could face decades in prison and up to $4 million in fines if convicted on all counts.

[snip]

The Warrs are charged with filing fraudulent paperwork and making false statements to get federal grants to repair damage caused by the 2005 storm. According to the indictment, both the mayor and his wife at various times from September 2005 through January 2007 signed various documents claiming the aid for the house, although the home was not their primary residence.
It's a bit of a step down, as corrupt Gulf Coast mayors go, but it's still good old home-grown corruption.
I can't imagine the Warrs will get the maximum sentence [210 years each in prison and fines of up to $4 million each] but this will probably torpedo Mr. Warr's higher political aspirations.

Then again, this is Mississippi we're talking about.

Monday, February 02, 2009

Jet pilot

Okay, probably everyone in the world knows this but me, but Google Earth has a built in flight simulator.


I flew a falcon over Heathrow. How cool is that?

Arshavin's comin' to Arsenal!

Oh sure, he's no Fabregas - but they could use a little more damage dealers.

Yea!

I'm sure it's just a concidence

Bernie Madoff & his brother, Peter - are doing the "Florida Homestead shuffle," a la Dick Fuld:

(Via CBS)
Florida’s "homestead" laws, which are unlike what any other state has, in part allow homeowners facing legal judgments (or other financial issues) to protect their primary residence fully - keeping it out of the hands of potential creditors. One of the key steps in qualifying for the home-protection is seeking "homestead exemption," which provides homeowners with a tax break.

On May 10, 2001, Peter Madoff bought the home at 200 Algoma Road in Palm Beach, Fla., along with his wife Marion. Both were listed as owners at the time.

Five years later, on Nov. 8, 2006, Peter transferred the title to Marion making her the sole legal owner of the home.

A month later, on Dec. 28, 2006, Marion applied for, and soon after received, homestead exemption.

[snip]

Meanwhile, property records show Bernard Madoff’s Palm Beach mansion at 410 N. Lake Way has been in his wife’s name since it was purchased in March of 1994.

But, information obtained exclusively by CBS News reveals that it wasn’t until Dec. 10, 2006, that Ruth Madoff applied for homestead exemption. This was within weeks of when her sister-in-law Marion applied for the same exemption.

(H/t The Big Picture)

Daschle, Daschle, Daschle...

When Obama picked Tom Daschle to be the HHS Secretary, I nearly shit my pants. In Washington there are whores and there are whores, and then there is Tom Daschle. Tom Daschle would suck off a corpse for a cheeseburger.  
--Matt Taibbi
Okay, so I read this:
USA TODAY:
Daschle delayed telling Obama about tax problem; earned $200K+ from health industry

-and was about to write a screed, and then I read this:
Glenn Greenwald: The Daschles: feeding at the Beltway trough
-and figured, well what's the point?

It's actually funny reading the USA Today coverage, and reading the pre-emtive spin on this guy. Senators talking about how this needs to be "looked at" but how they feel they should "move forward."

Glenn's commentary contains the salacious details of Daschel's typical Washington second marriage - and this bit:

...they know how to stay on the right side of what is strictly legal.  There's no evidence they did anything illegal, but it is still blatantly sleazy and corrupt -- exactly the sort of legalized sleaze and corruption that Barack Obama, as a centerpiece of his campaign, vowed to combat. And it's unlikely to matter for exactly the reason Mencimer said:  there are very few people in Washington who could criticize this sort of behavior without being guilty of the most extreme hypocrisy imaginable. 
Nice. When this guy gets confirmed - we can all look forward to nothing happening on the health care frontier.

Late edit:  I like this bit in the NTY:
Under his consulting arrangement with InterMedia, the report said, Mr. Daschle received $1 million a year, or $83,333 a month. The payment to Mr. Daschle for May 2007 was omitted from the annual statement of income sent to him by InterMedia. Ms. Backus said the omission resulted from “a clerical error by InterMedia.”
Oh, well - that explains it all then. InterMedia paid him $83 K a month and they just forgot to tell him. No wonder he didn't put it on his taxes.

As if the tax error is the biggest sin here: The guy's a total shill for his financial backers. The taxes are just the reason we're talking about it now.

Cripes.

Always verify the translation

(Via Mental Floss)

If you're going to get a tattoo in a foreign language, you should be damn sure it means what you think it means.