July 7, 2014 archive

The Breakfast Club: 7-7-2014

Welcome to The Breakfast Club! We’re a disorganized group of rebel lefties who hang out and chat if and when we’re not too hungover we’ve been bailed out we’re not too exhausted from last night’s (CENSORED) the caffeine kicks in. Everyone’s welcome here, no special handshake required. Just check your meta at the door.

Join us every weekday morning at 9am (ET) and weekend morning at 10:30am (ET) to talk about current news and our boring lives and to make fun of LaEscapee! If we are ever running late, it’s PhilJD’s fault.

breakfast beers photo breakfastbeers.jpg

This Day in History

On This Day In History July 7

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.

July 7 is the 188th day of the year (189th in leap years) in the Gregorian calendar. There are 177 days remaining until the end of the year.

The terms 7th July, July 7th, and 7/7 (pronounced “Seven-seven”) have been widely used in the Western media as a shorthand for the 7 July 2005 bombings on London’s transport system. In China, this term is used to denote the Battle of Lugou Bridge started on July 7, 1937, marking the beginning of the Second Sino-Japanese War.

On this day in 1898, U.S. President William McKinley signs the Newlands Resolution annexing Hawaii as a territory of the United States.

In 1898 President of the United States William McKinley signed the treaty of annexation for Hawaii, but it failed in the senate after the 38,000 signatures of the Ku’e Petitions were submitted. After the failure Hawaii was annexed by means of joint resolution called the Newlands Resolution.

The Territory of Hawaii, or Hawaii Territory, was a United States organized incorporated territory that existed from July 7, 1898, until August 21, 1959, when its territory, with the exception of Johnston Atoll, was admitted to the Union as the fiftieth U.S. state, the State of Hawaii.

The U.S. Congress passed the Newlands Resolution which annexed the former Kingdom of Hawaii and later Republic of Hawaii to the United States. Hawaii’s territorial history includes a period from 1941 to 1944 – during World War II – when the islands were placed under martial law. Civilian government was dissolved and a military governor was appointed.

Newlands Resolution of 1898

On 7 July 1898, McKinley signed the Newlands Resolution (named after Congressman Francis Newlands) which officially annexed Hawaii to the United States. A formal ceremony was held on the steps of ‘Iolani Palace where the Hawaiian flag was lowered and the American flag raised. Dole was appointed Hawaii’s first territorial governor.

The Newlands Resolution said, “Whereas, the Government of the Republic of Hawaii having, in due form, signified its consent, in the manner provided by its constitution, to cede absolutely and without reserve to the United States of America, all rights of sovereignty of whatsoever kind in and over the Hawaiian Islands and their dependencies, and also to cede and transfer to the United States, the absolute fee and ownership of all public, Government, or Crown lands, public buildings or edifices, ports, harbors, military equipment, and all other public property of every kind and description belonging to the Government of the Hawaiian Islands, together with every right and appurtenance thereunto appertaining: Therefore, Resolved by the Senate and House of Representatives of the United States of America in Congress assembled, That said cession is accepted, ratified, and confirmed, and that the said Hawaiian Islands and their dependencies be, and they are hereby, annexed as a part of the territory of the United States and are subject to the sovereign dominion thereof, and that all and singular the property and rights hereinbefore mentioned are vested in the United States of America.”

The Newlands Resolution established a five-member commission to study which laws were needed in Hawaii. The commission included: Territorial Governor Sanford B. Dole (R-Hawaii Territory), Senators Shelby M. Cullom (R-IL) and John T. Morgan (D-AL), Representative Robert R. Hitt (R-IL) and former Hawaii Chief Justice and later Territorial Governor Walter F. Frear (R-Hawaii Territory). The commission’s final report was submitted to Congress for a debate which lasted over a year. Congress raised objections that establishing an elected territorial government in Hawaii would lead to the admission of a state with a non-white majority.

Cartnoon

Le Tour 2014: Stage 3, Cambridge to Londres

Le.  Tour.  De.  France.

What?  Another day in sunny old blighty?  Must have misread my stage digest.  This 96 and a half mile stint has no rated climbs and even at exaggerated scales little elevation change so I expect it will be a good day for the spirinters.

Yesterday we had some crashes at the beginning one of which involved the day one maillot jaune, Marcel Kittel, but things eventually got sorted out before the first climb.  In the end the big teams (Sky, Astana, Tinkoff) were able to control the field and the final miles of the stage were a showcase for the three favorites, Alberto Contador (who peaked too early and didn’t look all that dominant), Chris Froome (who would have liked a win in front of his home crowd), and the ultimate leader Vincenzo Nibali who only has a 2 second margin at the moment but baring misfortune seems like he could easily become the prohibitive favorite.

A Range from Centrist to Conservative

Obama Consults a “Wide Variety of Economists” – Just Not Those Who Got it Right

William Black, New Economic Perspectives

July 3, 2014

Obama is already well into the lame duck phase of his presidency, so this is simply a PR exercise.  The message Obama wants to send is the same one he has sounded throughout his presidency.  He is open to economic views from the parts of the political spectrum that range from the hard right to the mild left.

Obama is not open to hearing the economic views of anyone who got the crisis correct or anyone his advisors consider to the left of Paul Krugman (who is mildly left in economic terms).  James Galbraith (.pdf) captured the first point brilliantly in an essay about a Krugman column.  Krugman was making the correct point that conservative economists had gotten the crisis wrong and, in passing, mentioned less than a handful of economists he considered to have gotten it right.  Galbraith stressed Krugman’s lack of interest in what economists got the crisis right and Krugman’s failure to list the economists who had actually gotten it right and had theoretical explanations for the causes of the crisis that had proved accurate in multiple crises.



Obama’s current set of luncheon meetings with economists includes economists that range from the hard right to Krugman on the “responsible” left.  The article portrays this as “tapping a broad array of ideological views.”  It fails to “tap,” however, anyone who actually got the crisis correct and anyone remotely as far left as the economists Obama chose to speak with on the hard right.  Economists such as James Galbraith were once on the fringes of Obama’s economic team (pre-inauguration).  Galbraith is a bit to the left of Krugman, but he is nowhere near as far from the center as are several of the hard right economists Obama chose to talk with about economic policy.  The same is true of Dean Baker, Randy Wray, and Stephanie Kelton.  Our friends at U. Mass. – Amherst are about as far to the left as folks like Kevin Hassett are to the right.  The real difference, the thing sure to exclude Galbraith, Baker, Wray, and Kelton from Obama’s luncheon list, is that they have committed the unforgivable sin of having been proved correct (again) about big finance and the crisis.  There is, of course, no chance that Obama will ever invite any of us, much less our friends at Amherst, to lunch to discuss economic policy.

Late Night Karaoke