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Afternoon Edition

Afternoon Edition is an Open Thread

From Yahoo News Top Stories

1 Ireland pours billions more into ‘shocking’ banks

by Andrew Bushe, AFP

1 hr 1 min ago

DUBLIN (AFP) – Ireland pumped in billions of extra euros to prop up its troubled banking system Tuesday as its finance minister warned his “worst fears have been surpassed” about how recklessly bankers had behaved.

Brian Lenihan told a bad-tempered session of parliament that the state was buying 81 billion euros (109 billion dollars) of toxic assets from failing lenders and injecting an extra 8.3 billion euros into Anglo Irish Bank.

Although he gave no exact figures, he added the state will likely take a majority share in Allied Irish Bank — currently 25 percent state-owned — but remain a minority shareholder in Bank of Ireland, where it has a 16 percent stake.

Afternoon Edition

Afternoon Edition is an Open Thread

From Yahoo News Top Stories

1 Suu Kyi’s party to boycott Myanmar vote

AFP

57 mins ago

YANGON (AFP) – Myanmar’s opposition party led by Aung San Suu Kyi said Monday it would boycott polls expected later this year, after the country’s military rulers introduced a controversial new election law.

The National League For Democracy (NLD) decided at a meeting to refuse to register for the first polls to be held in two decades, a move that would have forced it to oust its detained leader and recognise the junta’s constitution.

But the NLD now faces dissolution in less than six weeks for failing to register, according to legislation recently brought in for elections due to be held by the end of November.

A Huge Progressive Victory

Tribal Loyalty and the Corporatist Agenda: It’s Not Just For Republicans Any More

By: Jane Hamsher Monday March 29, 2010 8:40 am

Ezra then went on to write (with no small amount of irony) that poor David Frum had been purged from AEI for his failure to walk in lockstep with the GOP on health care, after Frum pointed out that the foundations of the bill really were conservative.  He castigates the party for its unfettered tribalism in shutting down a truthteller like Frum, who he applauds for merely pointing out the obvious conservative intellectual inconsistency. You could give yourself whiplash trying to count all the reversals wrapped up in that one, starting with Ezra’s long-held insistence that the health care bill represents a huge progressive victory (though he has been trying to square the two, as if progressive “goals” hadn’t been used as bait to neutralize liberal opposition and achieve a drastic corporate agenda).

It’s probably unfair to single out Ezra for this rather glaring inconsistency, since he was just one of many who were quick to excoriate “purists” on the left who didn’t support the bill and then subsequently leaped to Frum’s defense.   But if the lesson of the David Frum firing is that it’s really bad for a political movement to stigmatize dissent and deviation from the party line, what does it say about those steely-eyed “pragmatists” who castigated pro-choice dissent within their own party when abortion rights were deemed an acceptable sacrifice?

There is no consistent, coherent moral position being expressed here.  Rather, a woman’s right to choose has value primarily when it can be demagogued to exclude those who don’t pass its litmus test of tribal loyalty. Abortion is a core element of the liberal canon that cannot be broached at any cost when it comes to shutting down potential trans-partisan alliances around civil liberties or ending the war that have nothing whatsoever to do with choice.  But when it comes to a law that actually seriously impacts a woman’s right to choose,  abortion rights can be sacrificed for some “greater good,” with some feminist cover quickly assembled to affirm that an appropriate standard has been met.  And anyone who doesn’t arrive at that conclusion at the same time is operating in bad faith and should not be taken seriously.

The abortion issue is emblematic of the way in which appeals to tribal loyalty were used to stigmatize and delegitimize progressive opposition to a radically corporatist health care bill. George Bush couldn’t privatize Social Security because of liberal opposition, but liberal resistance to a health care bill authored by the insurance companies was effectively neutralized by a call to Democratic party loyalty.  Anyone making a consistent values argument, who didn’t immediately fall in line and support the passage of a neoliberal health care bill, was “helping the Republicans” – as if Republican opposition to the bill wasn’t the very thing that gave progressives negotiating power in the first place.

In What’s the Matter with Kansas, Thomas Frank poignantly describes how white working class Americans are tricked by corporate elites into acting against their self-interest through naked appeals to irrational tribalism.

Glad that only happens to Republicans.

Weekend News Digest

Weekend News Digest is an Open Thread

From Yahoo News Top Stories

1 Over 300 killed in DR.Congo massacre: rights group

AFP

Sun Mar 28, 8:38 am ET

KINSHASA (AFP) – Ugandan LRA rebels killed at least 321 civilians in a previously unreported “well-planned” four-day attack on villages in the DR Congo last December, Human Rights Watch said on Sunday.

In a report released in Kampala, HRW said 250 others, including at least 80 children, were abducted in the December 14-17 Lord’s Resistance Army attack in the remote Makombo area of northeastern Haut Uele district.

A Catholic clergyman at Isiro-Niangara in the same district, speaking before the report was issued, confirmed that 30 members of the rebel LRA attacked a dozen villages of Haut Uele, which is in Orientale province.

Weekend News Digest

Weekend News Digest is an Open Thread

From Yahoo News Top Stories

1 Pope under pressure over child abuse scandal

by Michele Leridon, AFP

2 hrs 6 mins ago

VATICAN CITY (AFP) – The child abuse scandal rocking the Catholic Church homed in Saturday on Pope Benedict XVI, labelled the “biggest sinner” in one newspaper as the Vatican said his handling of the crisis would only strengthen his authority.

As allegations piled up of sexual molestation by priests in the scandal that has swept the United States and Europe, the media expressed shock and bewilderment in comments and editorials.

“How could the Catholics do such a thing?” asked Britain’s The Independent newspaper.

Afternoon Edition

Afternoon Edition is an Open Thread

From Yahoo News Top Stories

1 Vatican urged to end ‘secrecy’ over abuse

by Michele Leridon, AFP

2 hrs 6 mins ago

VATICAN CITY (AFP) – As Pope Benedict XVI struggles to stay above the paedophilia priest scandal engulfing the Roman Catholic Church, the Vatican faces growing calls for an end to its “culture of secrecy.”

The pope is at a “crossroads,” said Vatican expert Marco Politi the day after Benedict was implicated for a second time in the snowballing scandal, accused of helping to keep the lid on the case of an American serial abuser.

“Either he proceeds on the path of greater transparency” or he hunkers down with defenders who claim he is being unfairly targetted, said Politi of the left-wing Italian newspaper Il Fatto Quotidiano.

Afternoon Edition

Afternoon Edition is an Open Thread

From Yahoo News Top Stories

1 Pope accused of inaction in US child abuse case

by Michele Leridon, AFP

Thu Mar 25, 10:44 am ET

VATICAN CITY (AFP) – The Vatican hit back Thursday at new paedophilia revelations, defending Pope Benedict XVI against an allegation that he failed to act over a US priest accused of molesting up to 200 deaf children in the 1970s.

The Roman Catholic Church’s morals watchdog then headed by the future pope was reportedly alerted twice by the archbishop of Wisconsin of the accusations against Reverend Lawrence Murphy.

Benedict, then Cardinal Joseph Ratzinger, did not respond to the letters, and a secret canonical trial authorised by his deputy was halted after Murphy wrote a pleading letter to the future pope, the New York Times said, citing documents provided by victims’ lawyers.

Afternoon Edition

Afternoon Edition is an Open Thread

From Yahoo News Top Stories

1 Sharks, elephants to reappear on CITES agenda

by Marlowe Hood, AFP

Wed Mar 24, 1:27 pm ET

DOHA (AFP) – Decisions to tighten or relax trade protection for elephants in Zambia and two species of sharks prized for their fins or meat could be overturned on the last day of a key UN wildlife meeting on Thursday.

The final plenary session of the Convention on the International Trade in Endangered Species (CITES) validates decisions taken over the previous 12 days, but a motion to reopen debate supported by a third of delegates can lead to a new vote.

The United States had said it will seek a second chance for the distinctive scalloped hammerhead shark, denied so-called Appendix II status by a handful of votes earlier in the week.

Matt Bai is a moran.

Have I mentioned that recently?

Trust, Underwater

By MATT BAI, The New York Times

Published: March 18, 2010

In 2004, newly married and having decided to embark on the next phase of adulthood, my wife and I bought a house. This was back in the delirious days of multiple offers and outlandish escalation clauses, when you had to bring your checkbook with you to an open house, just in case someone else tried to buy the place while you were poking around the attic. I called a mortgage broker somewhere in Florida, and she was thrilled to hear from me, practically breathless. I felt as if I were the 10,000th customer to come through line at the Safeway, my arrival heralded by streamers and sirens and all kinds of free stuff falling from the rafters. Did we want a five-year adjustable-rate loan or maybe even rates adjusted on a monthly basis? Why not just pay just the interest rather than the principal? Did we also need a bridge loan for a few months, to hold us over from one house to the next? How about a ”second trust” – that is, two mortgages instead of one – so we could put less money down, maybe even as little as 5 percent of the purchase price while avoiding the penalty of private mortgage insurance? We might as well open a home equity line of credit on top of the mortgage, she said, so we could borrow another six-figure sum with the tear of a perforated check. Countrywide, the nation’s largest lender, would happily give us that free, and, hey, you never knew when you might decide to add a skylight over the kitchen, or maybe a stone turret.

Duh.

Welcome to the real world you privileged little prick.

Wednesday Morning Science Supplement

Wednesday Morning Science Supplement is an Open Thread

From Yahoo News Science

1 UN body rejects protection for shark species

by Marlowe Hood, AFP

Tue Mar 23, 2:19 pm ET

DOHA (AFP) – The UN wildlife trade body slapped down a trio of proposals Tuesday to oversee cross-border commerce for sharks threatened with extinction through overfishing, sparking anger from conservationists.

The only marine species granted protection at a meeting of the Convention on the International Trade in Endangered Species (CITES) was the temperate zone porbeagle, a shark fished for its meat.

Earlier, bids to impose a global trade ban on Atlantic bluefin tuna and to require export monitoring for seven species of precious coral both fell well short of the required two-thirds majority.

Afternoon Edition

(6 pm)

Afternoon Edition is an Open Thread

From Yahoo News Top Stories

1 For World Cup, South Africa’s football crafts go industrial

by Cecile de Comarmond, AFP

Tue Mar 23, 10:09 am ET

JOHANNESBURG (AFP) – With reggae playing in the background, workers paint pictures of football players onto hardhats, transforming the mining gear into an essential South Africa football accessory, the makarapa.

Most makarapas are handmade, created by individual fans who carve shapes into the hats and adorn them with team colours, a process that can take four days to complete.

With the World Cup’s June 11 kick-off fast approaching, this cottage business has gone industrial, with workers in this factory using a machine to cut shapes into the hardhats in a matter of minutes.

Did you vote for Nixon in China?

I’m just not sure what I can add to this-

Next Big Issue? Social Security Pops Up Again

By JACKIE CALMES, The New York Times

Published: March 22, 2010, A1

By 2016, Social Security will begin paying more in benefits than it collects in payroll taxes, according to the annual report of government trustees; reserves in the form of government i.o.u.’s will be exhausted by 2037, after which incoming taxes will cover three-quarters of benefits.

Before his inauguration, Mr. Obama said of Social Security, “We have to signal seriousness in this by making sure some of the hard decisions are made under my watch, not someone else’s.”

Similarly, some Democrats argue that their party should act now, while it controls the White House and Congress, rather than take the chance that Republicans will regain power and try to carve private retirement accounts from Social Security, as former President George W. Bush did unsuccessfully.

Umm… what’s the difference again?

Make sure you speak slowly and loudly like I’m “fucking retarded” and deaf, or even worse- French.

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