August 2011 archive

Winners and Losers

Crossposted from The Stars Hollow Gazette

Randians make a great big whiny ass hypocritical deal about “not having the government pick winners and losers in the marketplace.”

Well, that’s what Net Neutrality is about.

Pay-TV Providers Face ‘Toxic Mix’ as Subscribers Cancel in Record Numbers

By Alex Sherman, Bloomberg News

Aug 10, 2011 12:01 AM ET

The six largest publicly traded U.S. cable and satellite-TV providers combined to lose about 580,000 customers in the second quarter, the biggest such decline in history, according to company and Bloomberg data.

The economy is forcing the industry to face the reality of cord-cutting — pay-TV customers canceling their subscriptions in favor of online options such as Netflix Inc. (NFLX) and Hulu LLC. While cable executives dismiss the idea that subscribers are switching to “over the top” Internet competitors, the reason isn’t as important as the decision to stop paying for TV, said Craig Moffett, an analyst at Sanford C. Bernstein in New York.

“Rising prices for pay TV, coupled with growing availability of lower-cost alternatives, add to a toxic mix at a time when disposable income isn’t growing,” Moffett said. “For younger demographics, where in many cohorts unemployment is north of 30 percent, and especially for those with limited or no interest in sports, the pay-TV equation is almost inarguably getting less attractive.”

As a matter of fact, I’m working for clients just like this.  What you need is a computer, an internet connection, and (depending on your TV) an adapter.  Look at the video inputs on the back of your TV to decide what type of VGA to ??? you need.  Laptops are particularly good platforms since they almost always include an auxiliary VGA port for an external monitor.  Good sources for the adapters are NewEgg and Tiger Direct.

Oh, the Net Neutrality aspect.  Well, without it ISP companies are free to discriminate against users who choose to get their TV online based on ‘Bandwidth’, thus subsidizing the Cable TV industry in which many of them have a conflicted interest.

Randian hypocrisy?  Companies should be free to discriminate against black people because you can always patronize lunch counters that don’t have “We Don’t Serve Negros” signs on the door.

(h/t Atrios)

Robert Reich: Category Error

Crossposted from The Stars Hollow Gazette

Slouching Toward a Double Dip, For No Good Reason

Robert Reich

Monday, August 8, 2011

The American economy is on the verge of another recession. Most Americans haven’t even emerged from the last one. Consumers (70 percent of the economy) won’t or can’t spend because their major asset is worth a third less than it was five years ago, they can’t borrow as before, and they’re justifiably worried about their jobs and wages. And without customers, businesses won’t expand and hire. So we’re trapped in a vicious cycle that’s getting worse.

But the government won’t come to the rescue by spending more and cutting most peoples’ taxes because it’s obsessed by a so-called “debt crisis” based on budget projections over the next ten years.



Every time you hear an American politician analogize the nation’s budget to a family budget (as, sadly, even President Obama has done), you should know the politician is not telling the truth. The truth is just the opposite. Our national budget can and should counteract the shrinkage of family budgets by running larger deficits when families cannot.

Americans are more frightened, economically insecure, and angrier than at any time since the Great Depression. If our lawmakers continue to obsess about the wrong thing and fail to do what must be done – and they don’t explain it to the nation – Americans will only become more fearful, insecure, and angry.

Well now wait Bob.  There’s a perfectly good reason (if you happen to be an ignorant Washington neolib like Obama and his advisers) and you know it.

Why the President Doesn’t Present a Bold Plan to Create Jobs and Jumpstart the Economy

Robert Reich

Tuesday, August 9, 2011

The lousy economy is due to insufficient demand. Consumers – who are 70 percent of the economy – can’t and won’t buy because they’re running out of cash. They can’t borrow against homes that are worth a third less than they were five years ago, and most consumers are bad credit risks anyway because they’re losing their jobs and their wages are dropping.  They also have to start saving for the kids’ college or for retirement, which will cut their spending even more.

Without enough consumers, businesses won’t hire enough people and pay them enough to reverse the vicious cycle. So we’re dead in the water. Even the stock market has caught on to the truth.

Which means government has to step in to boost the economy – as it has every time the economy has fallen into recession over the last eight downturns. Include the massive spending on World War II that lifted us out of the Great (Depression), and it’s nine.



I’m told White House political operatives are against a bold jobs plan. They believe the only jobs plan that could get through Congress would be so watered down as to have almost no impact by Election Day. They also worry the public wouldn’t understand how more government spending in the near term can be consistent with long-term deficit reduction. And they fear Republicans would use any such initiative to further bash Obama as a big spender.

So rather than fight for a bold jobs plan, the White House has apparently decided it’s politically wiser to continue fighting about the deficit. The idea is to keep the public focused on the deficit drama – to convince them their current economic woes have something to do with it, decry Washington’s paralysis over fixing it, and then claim victory over whatever outcome emerges from the process recently negotiated to fix it. They hope all this will distract the public’s attention from the President’s failure to do anything about continuing high unemployment and economic anemia.

When I first heard this I didn’t want to believe it.



There’s still time for political operatives in the White House – and the person they work for – to change their minds. If economic stresses increase, Americans may insist on government doing more. A CNN poll released Monday found 60% believe the nation remains in an economic downturn and conditions are worsening. Only 36% believed that in April.

But for now the President is being badly advised. The magnitude of the current jobs and growth crisis demands a boldness and urgency that’s utterly lacking. As the President continues to wallow in the quagmire of long-term debt reduction, Congress is on summer recess and the rest of Washington is asleep.

Well, now you’re getting closer to it Bob, but the reason the Tsar has bad councilors is he picks bad councilors and chooses to listen to their advice because it’s what he himself believes.

The buck stops with Obama and if polls and history are any indicator he’s going to lose, lose, lose and drag his Democratic Party enablers with him.

Electoral victory my ass.

On This Day In History August 10

Cross posted from The Stars Hollow Gazette

This is your morning Open Thread. Pour your favorite beverage and review the past and comment on the future.

Find the past “On This Day in History” here.

Click on images to enlarge

August 10 is the 222nd day of the year (223rd in leap years) in the Gregorian calendar. There are 143 days remaining until the end of the year.

The term ‘the 10th of August’ is widely used by historians as a shorthand for the Storming of the Tuileries Palace on the 10th of August, 1792, the effective end of the French monarchy until it is restored in 1814.

On this day in  1846, Smithsonian Institution was created. After a decade of debate about how best to spend a bequest left to America from an obscure English scientist, President James K. Polk signs the Smithsonian Institution Act into law.

In 1829, James Smithson died in Italy, leaving behind a will with a peculiar footnote. In the event that his only nephew died without any heirs, Smithson decreed that the whole of his estate would go to “the United States of America, to found at Washington, under the name of the Smithsonian Institution, an Establishment for the increase and diffusion of knowledge.” Smithson’s curious bequest to a country that he had never visited aroused significant attention on both sides of the Atlantic.

After the nephew died without heirs in 1835, President Andrew Jackson informed Congress of the bequest, which amounted to 104,960 gold sovereigns, or US$500,000 ($10,100,997 in 2008 U.S. dollars after inflation). The money, however, was invested in shaky state bonds that quickly defaulted. After heated debate in Congress, former President John Quincy Adams successfully argued to restore the lost funds with interest.  Congress also debated whether the federal government had the authority to accept the gift. Congress ultimately accepted the legacy bequeathed to the nation and pledged the faith of the United States to the charitable trust July 1, 1836.

Eight years later, Congress passed an act establishing the Smithsonian Institution, a hybrid public/private partnership, and the act was signed into law on August 10, 1846 by James Polk. (See 20 U.S.C. § 41 (Ch. 178, Sec. 1, 9 Stat. 102).) The bill was drafted by Indiana Democratic Congressman Robert Dale Owen, a Socialist and son of Robert Owen, the father of the cooperative movement.

The Real Cause of Rioting In Tottenham

Cross Posted from The Stars Hollow Gazette

Coming to a country near you:

London Sees Twin Perils Converging to Fuel Riot

Frustration in this impoverished neighborhood, as in many others in Britain, has mounted as the government’s austerity budget has forced deep cuts in social services. At the same time, a widely held disdain for law enforcement here, where a large Afro-Caribbean population has felt singled out by the police for abuse, has only intensified through the drumbeat of scandal that has racked Scotland Yard in recent weeks and led to the resignation of the force’s two top commanders.

The riot was the latest in what has turned out to be a season of unrest in Britain, with multiple demonstrations escalating into violence in recent months. And there was not long to wait until a new one erupted: across London, skirmishes broke out on Sunday between groups of young people and large numbers of riot police officers, which one officer said were drawn from forces around London.  

snip

Economic malaise and cuts in spending and services instituted by the Conservative-led government have been recurring flashpoints for months.

Late last year, students demonstrating against a rise in tuition fees occupied a building near Parliament and clashed repeatedly with the police. Prince Charles and his wife, Camilla, the Duchess of Cornwall, were attacked in their Rolls-Royce as protesters – some of whom were subsequently jailed – shouted “Tory scum,” a reference to the Conservative Party’s traditional links with the aristocracy, and “off with their heads!” In March, a reported 500,000 people marched against the cuts, with some protesters occupying the exclusive food store Fortnum & Mason – Prince Charles’s grocer.

On Saturday night, as rioters in Tottenham threw fireworks and bottles at police officers, one man shouted, “This is our battle!” When asked what he meant, the man, Paul Rook, 47, explained that he felt the rioters were taking on “the ruling class.”

Rioting and looting that started in the London suburb of Tottenham on Saturday evening was sparked by the shooting of a 29 year old black man during a car stop by police earlier that day. There is a lot of conflicting reports about what sparked the incident in the first place but what is known is the young man, a father of four and alleged cocaine dealer was armed, was shot once on the chest by a police officer and died. A peaceful protest march of about 200 degenerated into gangs attacking police cars, shops, banks and other buildings with widespread looting around Tottenham. The unrest in and around London has now spread across England to Bristol, Birmingham, Liverpool and Nottingham.

There are more reasons for this rioting and goes to the heart of the Cameron government’s austerity that has cut the social safety net for the very poor and unemployed who are mostly minorities.

Like many European cities, London is in the midst of serious fiscal inadequacies, and poor neighborhoods such as Tottenham and Hackney have suffered the most. Unemployment is rampant in such areas, especially in North London.

“Tottenham is a deprived area,” recently laid-off Uzodinma Wigwe told Reuters. “UnemploymentMetro police, as well as a private agency, are investigating the riots and the shooting.

The violence has marred otherwise peaceful rallies in London against government austerity measures.

In March, isolated clashes erupted in London between police and protestors marching from Piccadilly Circus to Hyde Park to Parliament. Police fired tear gas on the protestors, who in turn threw rocks, bottles, paint and light bulbs filled with ammonia at the police officers.  That clash injured 31 police officers and led to the arrest of 214 people.

snip

Earlier in the year, student protests against a tuition hike also turned violent, with students and police clashing on London streets. Demonstrators broke out shop windows and attacked Prince Charles’ Rolls Royce as it rolled down Regent Street. is very, very high … they are frustrated.”

“We know we have been victimized by this government, we know we are being neglected by the government,” said a middle-aged man who declined to give his name. “How can you make one million youths unemployed and expect us to sit down?”

Unemployment here in the US hovers around 9.1%, among African Americans it is 15.9%, nearly double that of unemployed whites (8.1%). While not nearly as bad as 1982 when unemployment for Afican Americans soared to 19.2%, the wealth gap has widened dramatically

ndeed, blacks have suffered disproportionately in the ongoing crisis, since they have lost tens of thousands of manufacturing jobs and endured huge cuts in public sector spending. Black teenagers bear the worst of it – their jobless rate is at a staggering 39.2 percent (versus 23 percent for white teenagers).

According to a recent study by the National Urban League (NUL), almost all the financial/economic gains that blacks have accomplished over the past three decades were wiped out by the Great Recession.

The economic collapse is not only thinning the ranks of the black middle class, but has likely condemned millions more to permanent poverty.

The NUL report further indicated that the nation’s housing crisis has disproportionately hurt black home ownership, which “has fallen at three times the rate of white home ownership.”

These are the same factors that have sparked the violent unrest in England. The president and congress would be wise to cease the talk about spending cuts and talks of more austerity and pay more attention to job creation. The US has seen this many times in it’s 235 year history, the most recent during the 80’s and 90’s when the socio-economic disparity was high as it is now. It is has been proved historically that putting people back to work correct the deficit and reverse the spiral towards recession.

Muse in the Morning

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Muse in the Morning

Time for a break from poetry…in order to create some art.

God has given you one face, and you make yourself another. 

–William Shakespeare



Art Glass 26

Late Night Karaoke

Wisconsin

Recall?

What do I know about Wisconsin-

  • Cheese
  • Green Bay Packers

Oh, and they’re having elections tonight you can talk about below or at The Stars Hollow Gazette where TheMomCat is much better informed than I am.

Countdown with Keith Olbermann

If you do not get Current TV you can watch Keith here:

Watch live video from CURRENT TV LIVE Countdown Olbermann on www.justin.tv

In “The News”

http://www.youtube.com/watch?v…

A group of photographers in the UK sets out to test their right to photograph in public places.  They get harrassed of course by the little Hilter deputy dogs of corporate assholianism.  Not much about exactly what the UK riots are all about or the extent of Al-CIA-duh’s involvement.

Today on The Stars Hollow Gazette

Our regular featured content-

These featured articles-

Joins us later this evening as we follow the Wisconsin Recall Elections. I will post the link as soon as it is available. Polls close at 8 PM CDT.

The Stars Hollow Gazettte

This is an Open Thread

Send In More Clowns, Felons and Religious Zealots

The Republicans “crazies” are flooding the primary field with felons, the head of the KKK and the religious fanatics that make the Westborough Baptist Church members sound sane.

GOP candidates court crackpot constituency

Rachel reviews the role of the social conservative fringe in 2012 Republican politics.

And now for you’re main event, Texas Governor Rick Perry, fresh from his raucous Day of Prayer in Houston, will toss his cowboy hat into the fray on this Saturday in his bid to out crazy Michelle Bachmann and the other clowns in the GOP Clown Circus. What can you expect from Perry? Well, certainly not peace, prosperity or sodomy but lots of praying and revisionist history.

This bunch make Richard Nixon and Barry Goldwater look like left wing radicals.

Third Way Electoral Victory!

Crossposted from The Stars Hollow Gazette

Obama plan: Destroy Romney

Ben Smith and Jonathan Martin, Politico

Tuesday, Aug. 9, 2011

The dramatic and unabashedly negative turn is the product of political reality. Obama remains personally popular, but pluralities in recent polling disapprove of his handling of his job, and Americans fear the country is on the wrong track. His aides are increasingly resigned to running for reelection in a glum nation. And so the candidate who ran on “hope” in 2008 has little choice four years later but to run a slashing, personal campaign aimed at disqualifying his likeliest opponent.



“Unless things change and Obama can run on accomplishments, he will have to kill Romney,” said a prominent Democratic strategist aligned with the White House.



“There’s so many wonderful ironies here: Obama spent his whole political career perfecting the best argument against Bush 43, and now he’s going to run as 43?” said Romney strategist Stuart Stevens, who also worked for Bush. “They can try anything they want – but this race is going to be about the economy.”



The Democrats who are planning the assault on Romney believe they can avoid a referendum on Obama’s handling of the economy, in part, because both political parties are in such poor public favor.

“People already knew that he’s a political opportunist of the highest order – changing his positions to suit the day’s polling,” said Bill Burton, Obama’s former White House deputy press secretary who now heads Priorities USA, an independent group expected to lead Democratic attacks on the Republican nominee. “But the last couple weeks, this lack of principles has translated into a total lack of leadership on issues like the debt ceiling.”

Oh wait, that last guy was talking about Romney.

Obama’s 2008 Hope Morphs Into 2012 Slash-and-Burn

By: Jane Hamsher, Firedog Lake

Tuesday August 9, 2011 9:47 am

(G)oing negative may be the only path available to Obama right now.  He can’t hope to activate true grassroots support and deliver what Wall Street oligarchs want at the same time.  So he is appealing to  the people who stand to benefit – wealthy donors – and asking for their support to impose austerity measures on the country.

It’s also a tell about how Obama’s campaign team views the political landscape between now and the election. They would not be going negative if his campaign gurus thought there was any possibility of turning around the Independents who have tracked with Republicans on the debt ceiling debate, and according to Gallup, now have a 34% approval rating of the President (down from 43% in early July).  It’s an indication that they think their only hope is to suppress independent voter turnout with a “slash and burn” campaign.



You ride to the White House on a campaign to rise above intolerance, negativity and partisanship, and without a moment of self-reflection, announce a campaign based on … intolerance, negativity and partisanship?  Rather than fix the economy by having the political courage to do what you said needed to be done when you were stoking people’s hope in 2008, you now plan to impose the austerity measures they overwhelmingly oppose and raise hundreds of millions of dollars to tell people your “weird” opponent in his “skinny jeans”  is not “principled and consistent”?   You want to fan the same bigotry and cultural biases the President promised to rise above, hoping win reelection by virtue (of) suppressing turnout?

And your message is that the other guy is not principled or consistent?

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