Author's posts

Get Ready To Eat Cat Food

Cross posted from The Stars Hollow Gazette

Here comes Simpson-Bowles to spare the bloated Pentagon budget and avoid letting the Bush/Obama Tax Cuts expire:

Geithner praises Simpson-Bowles framework as the way forward

U.S. Treasury Secretary Timothy Geithner recently suggested the Simpson-Bowles deficit reduction framework is the way forward in terms of balancing the federal budget. [..]

“We need to take advantage of the incentive created by the sequester and these expiring tax cuts to force this town to confront and take on the things that divide us now in these long-term fiscal reforms so we can go ahead and govern,” he said. “This is a place where people spend a lot of time worrying whether Washington can work again and for Washington to say, ‘We’re going to defer,’ I don’t see how that would be helpful to confidence.” [..]

David Dayen at FDL News Desk adds his take on Geithner’s appearance before the Council on Foreign Relation:

The lame duck session has so many fiscal issues expiring at the same time that many view it as an opportunity to put together the long-sought “grand bargain” on deficit reduction. Erskine Bowles and Alan Simpson have recently come out of their shells and resumed a high-profile media tour in an effort to get their framework into the discussion for the lame duck session. The Bowles-Simpson plan does include tax increases of hundreds of billions above the Bush tax cut rates, albeit lower than what would occur if the Bush tax cuts were allowed to completely expire.

Because of this, Democrats like Nancy Pelosi have embraced Bowles-Simpson to tease Republicans for their opposition to higher tax rates. But that also puts Democrats on the hook for embracing cuts to the social safety net, including Medicare and Social Security. And on Wednesday, Geithner said that Bowles-Simpson is “the only path to resolution politically [and] growing essentially economically, and I think that’s where it’s going to end up.” He didn’t make the caveats on Social Security or other entitlements.

David also noted that Sen. Max Baucus (D-MT), chairperson of the tax writing Senate Finance Committee, would hold hearing in the next few weeks on Bowles-Simpson and Domenici-Rivlin, which combine revenue-raising tax reforms with restraint on entitlement spending. Baucus told The Hill:

“My view is everything’s on the table,” Baucus said. “That’s a psychology which I think is very important to keep people talking, keep people working.”

In his comprehensive article on Geithner’s alliance with JP Morgan CEO Jamie Dimon and Cat Food Commission co-chair former Sen. Alan Simpson (R-UT), Richard (RJ) Eskow had this to say about the coming of Simpson-Bowles:

Geithner said Simpson-Bowles was the perfect recipe: “tax reforms that raise a modest amount of revenue tied to spending savings across the government that’s still preserving some room to invest in things that matter to how we grow moving forward.” He added, “There’s no plausible way to get there economically or politically without that kind of balanced framework again that marries tax reform with broader spending reforms,”

Geithner is joining leading Democrats on the Hill like Sen. Max Baucus and Rep. Nancy Pelosi in backing the plan. And take careful note of the fact that they’re all using the phrase “tax reform” instead of “tax increases.” They don’t just plan to pay for the wealth and misdeeds of the Dimon crowd with your Social Security and Medicare benefits. They also plan to raise your taxes, not theirs. The Simpson Bowles plan would actually lower the top tax rate for people like Jamie Dimon, while “tax reform” would tax away tax deductions for the middle class’s health insurance, mortgages, and other expenses.

All our elected officials are completely out of touch with what Americans want and need. Yes, indeed, something wicked this way comes.

Wanker Bankers

Adapted  from The Stars Hollow Gazette

Bank Wankers

After reportedly losing $7 billion on risky investments, JPMorgan Chase CEO Jamie Dimon travels to Capitol Hill to face the mighty Senate Banking Committee.

Eight the hard way is proving riskier than I thought.

It must be fun to be a Republican Senator sometimes, becuase you get the fun of breaking shit and the joy of complaining that the shit you just broke doesn’t work.

Elections Egypt, France and Greece: Results

Cross posted from The Stars Hollow Gazette

The Greeks have decided to stay the course with the center right and have given a victory to the New Democracy Party headed by Antonis Samaras:

New Democracy narrowly beat Syriza, an alliance of radical leftists, winning 29.53% of the vote against 27.12% for the coalition led by Alexis Tsipras. Samaras called the result a victory for Europe.

“The Greek people today voted for the European course of Greece and that we remain in the euro,” Samaras declared in a victory speech. “This is an important moment for Greece and the rest of Europe,” he insisted, saying that Athens would honour the commitments it made in exchange for rescue loans from the EU and IMF. [..]

Across Greece’s divisive political spectrum there was speculation that Samaras would be able to form a viable coalition with the socialist Pasok and the small Democratic left – parties that have also agreed to accept the onerous terms of bailout funds even if they, too, want to renegotiate the package. [..]

Pro-bailout parties now constitute 50% of the electorate. But with the other half also vehemently opposed to the austerity policies dictated by foreign lenders, Greece’s rollercoaster ride is unlikely to end soon. It is now well into its fifth year of recession, with unemployment at a record 22% and worsening levels of poverty leaving thousands of Greeks destitute and homeless. Resistance to further austerity measures is only going to grow.

In France, exit polls indicate that Socialist Party of François Hollande has won a solid majority in both houses of the Parliament, eliminating the lead for a coalition government. The conservative National Front has won four seats. The party leader, Marine Le Pen lost her bid for a seat but her 22 year old niece, Marion Marechal-Le Pen is believed to have been elected in the southern region of Carpentras. Former presidential candidate and M. Hollande’s ex-partner, Ségolène Royal has lost her bid for a seat in the National Assembly.

The Socialists and other left-wing parties came out on top in last Sunday’s first round of the vote, winning 46 per cent to 34 per cent for (former president Nicholas) Sarkozy’s UMP party and its allies. [..]

The polls showed France’s Socialists winning between 287 and 330 seats in Sunday’s runoff vote – almost certainly enough to secure a majority in the 577-seat Assembly. [..]

The Greens, who are close allies of the Socialists and already in government, were expected to win up to 20 seats.

The vote was also a key test for Marine Le Pen’s anti-immigrant and anti-EU National Front (FN), which took 13.6 per cent in the first round; far above the four per cent it won in the last parliamentary election in 2007.

There are no results yet for Egypt. But there is news and it is not good for the Egyptian people no matter who wins. This is the report by Leila Fadel and Ernesto Londoño in the Washington Post:

CAIRO – Shortly after polls in Egypt’s landmark presidential vote closed Sunday night, Egypt’s military leaders issued a constitutional decree that gave the armed forces vast powers and appeared to give the presidency a subservient role.

The declaration, published in the official state gazette, establishes that the president will have no control over the military’s budget or leadership and will not be authorized to declare war without the consent of the Supreme Council of the Armed Forces.

The document said the military would soon appoint a body to draft a new constitution, which would be put to a public referendum within three months. Once a new charter is in place, an election will be held to chose a parliament that will replace the Islamist-dominated one dissolved Thursday by the country’s top court.

Currently, exit polls show Muslim Brotherhood candidate Mohamed Morsi, ahead of former prime minister Ahmed Shafiq in the presidential runoff vote.

Today on The Stars Hollow Gazette

Our regular featured content-

These featured articles-

our weekly features-

Follow us on Twitter @StarsHollowGzt

This is an Open Thread

The Stars Hollow Gazette

On This Day In History June 17

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.

June 17 is the 168th day of the year (169th in leap years) in the Gregorian calendar. There are 197 days remaining until the end of the year.

On this day in 1885, the Statue of Liberty, a gift of friendship from the people of France to the people of the United States, arrives in New York City’s harbor.

The Statue of Liberty (Liberty Enlightening the World, French: La Liberté éclairant le monde) is a colossal neoclassical sculpture on Liberty Island in New York Harbor, designed by Frédéric Bartholdi and dedicated on October 28, 1886. The statue, a gift to the United States from the people of France, is of a robed female figure representing Libertas, the Roman goddess of freedom, who bears a torch and a tabula ansata (a tablet evoking the law) upon which is inscribed the date of the American Declaration of Independence. A broken chain lies at her feet. The statue has become an icon of freedom and of the United States.

Bartholdi was inspired by French law professor and politician Édouard René de Laboulaye, who commented in 1865 that any monument raised to American independence would properly be a joint project of the French and American peoples. Due to the troubled political situation in France, work on the statue did not commence until the early 1870s. In 1875, Laboulaye proposed that the French finance the statue and the Americans provide the pedestal and the site. Bartholdi completed both the head and the torch-bearing arm before the statue was fully designed, and these pieces were exhibited for publicity at international expositions. The arm was displayed in New York’s Madison Square Park from 1876 to 1882. Fundraising proved difficult, especially for the Americans, and by 1885 work on the pedestal was threatened due to lack of funds. Publisher Joseph Pulitzer of the World initiated a drive for donations to complete the project, and the campaign inspired over 120,000 contributors, most of whom gave less than a dollar. The statue was constructed in France, shipped overseas in crates, and assembled on the completed pedestal on what was then called Bedloe’s Island. The statue’s completion was marked by New York’s first ticker-tape parade and a dedication ceremony presided over by President Grover Cleveland.

The statue was administered by the United States Lighthouse Board until 1901 and then by the Department of War; since 1933 it has been maintained by the National Park Service. The statue was closed for renovation for much of 1938. In the early 1980s, it was found to have deteriorated to such an extent that a major restoration was required. While the statue was closed from 1984 to 1986, the torch and a large part of the internal structure were replaced. After the September 11 attacks in 2001, it was closed for reasons of safety and security; the pedestal reopened in 2004 and the statue in 2009, with limits on the number of visitors allowed to ascend to the crown. The statue is scheduled to close for up to a year beginning in late 2011 so that a secondary staircase can be installed. Public access to the balcony surrounding the torch has been barred for safety reasons since 1916.

Today on The Stars Hollow Gazette

Photobucket Pictures, Images and Photos

Our regular featured content-

And these featured articles-

Follow us on Twitter @StarsHollowGzt

Write more and often.  This is an Open Thread.

The Stars Hollow Gazette

What We Now Know

Now We Know: The behind-the-scenes lobby against the Affordable Care Act

This is an Open Thread.

Up host Chris Hayes wraps up the news of the week, including reports that the trade organization AHIP, representing America’s health insurance companies, spent more than $100 million in efforts to defeat the Affordable Care Act. He is joined by Jammila Bey, Voice of Russia Radio; Lawrence Lessig, professor at Harvard Law School; Amy Goodman, Democracy Now!; and David Weigel, political commentator at Slate.com.

Health and Fitness News

Welcome to the Health and Fitness News, a weekly diary which is cross-posted from The Stars Hollow Gazette. It is open for discussion about health related issues including diet, exercise, health and health care issues, as well as, tips on what you can do when there is a medical emergency. Also an opportunity to share and exchange your favorite healthy recipes.

Questions are encouraged and I will answer to the best of my ability. If I can’t, I will try to steer you in the right direction. Naturally, I cannot give individual medical advice for personal health issues. I can give you information about medical conditions and the current treatments available.

You can now find past Health and Fitness News diaries here and on the right hand side of the Front Page.

Going Nuts for Smoothies

Strawberry And Almond Smoothie

   When I make a smoothie I like to make a meal out of it, or at least make something substantial enough to get me through my morning swim…. Lately I’ve been adding substance to smoothies in the form of nuts, seeds and nut powders. I recently learned about the benefits of soaking seeds overnight in water.

   Soaking breaks down phytic acid and protease inhibitors, naturally occurring substances in nuts, seeds, grains and legumes that protect them until they germinate but can block enzyme function and reduce the absorption of important minerals in your body. Soaking seeds also breaks down complex starches.

   I found that soaking nuts – almonds and pistachios, in this week’s recipes – leached too much flavor from them, but I liked the results for the sunflower seeds, pumpkin seeds and sesame seeds I used in this week’s blender drinks. Soak seeds overnight in the refrigerator and drain before using. I also recommend this method if you use seeds in your homemade breads: They won’t get hard and burn when you bake the bread, and they’ll help keep the crumb nice and moist.

~Martha Rose Shulman~

Strawberry and Almond Smoothie

A traditional smoothie with a twist of nutty protein.

Coconut Pineapple Pumpkin Seed Smoothie

Ice cubes made with low-fat coconut milk give this blended drink extra flavor and texture.

Carrot, Papaya and Sesame Smoothie

Hazelnuts, pistachios and coconut milk add richness to this nutritious drink.

Seeded Banana Frappe

A simple banana smoothie gains complexity from almonds, a trio of seeds and a little spice.

Melon Pomegranate Almond Smoothie

You can get the ruby-colored pomegranate juice for this drink with a juicer or a citrus press.

On This Day In History June 16

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.

June 16 is the 167th day of the year (168th in leap years) in the Gregorian calendar. There are 198 days remaining until the end of the year.

On this day in 1933, The National Industrial Recovery Act is passed.

The National Industrial Recovery Act (NIRA), officially known as the Act of June 16, 1933 (Ch. 90, 48 Stat. 195, formerly codified at 15 U.S.C. sec. 703), was an American statute which authorized the President of the United States to regulate industry and permit cartels and monopolies in an attempt to stimulate economic recovery, and established a national public works program. The legislation was enacted in June 1933 during the Great Depression as part of President Franklin D. Roosevelt’s New Deal legislative program. Section 7(a) of the bill, which protected collective bargaining rights for unions, proved contentious (especially in the Senate), but both chambers eventually passed the legislation and President Roosevelt signed the bill into law on June 16, 1933. The Act had two main sections (or “titles”). Title I was devoted to industrial recovery, and authorized the promulgation of industrial codes of fair competition, guaranteed trade union rights, permitted the regulation of working standards, and regulated the price of certain refined petroleum products and their transportation. Title II established the Public Works Administration, outlined the projects and funding opportunities it could engage in, and funded the Act.

The Act was implemented by the National Recovery Administration (NRA) and the Public Works Administration (PWA). Very large numbers of regulations were generated under the authority granted to the NRA by the Act, which led to a significant loss of political support for Roosevelt and the New Deal. The NIRA was set to expire in June 1935, but in a major constitutional ruling the U.S. Supreme Court held Title I of the Act unconstitutional on May 27, 1935, in Schechter Poultry Corp. v. United States, 295 U.S. 495 (1935). The National Industrial Recovery Act is widely considered a policy failure, both in the 1930s and by historians today. Disputes over the reasons for this failure continue, however. Among the suggested causes are that the Act promoted economically harmful monopolies, that the Act lacked critical support from the business community, and that the Act was poorly administered. The Act encouraged union organizing, which led to significant labor unrest. The Act had no mechanisms for handling these problems, which led Congress to pass the National Labor Relations Act in 1935.

Some Undocumented Immigrants Get Their Dream

Cross posted from The Stars Hollow Gazette

Well, almost. President Barack Obama, who has deported more undocumented immigrants than any president since 1892, will stop deporting hundreds of thousands of illegal immigrants who came to the United States as children:

The policy, effective immediately, will apply to people who are currently under 30 years old, who arrived in the country before they turned 16 and have lived in the United States for five years. They must also have no criminal record, and have earned a high school diploma, remained in school or served in the military.

These qualifications resemble in some ways those of the so-called Dream Act, a measure blocked by Congress in 2010 that was geared to establish a path toward citizenship for certain young illegal immigrants. The administration’s action on Friday, which stops deportations but does not offer citizenship, is being undertaken by executive order and does not require legislation. It was announced by the Department of Homeland Security.

What the younger immigrants will obtain, officials said, is the ability to apply for a two-year “deferred action” that effectively removes the threat of deportation for up to two years, with repeated extensions. “This is not immunity, it is not amnesty,” said Janet Napolitano, the homeland security secretary. “It is an exercise of discretion.”

Why now? Political expediency. Obama needs the Latino vote:

The Obama administration has failed to deliver on its promise to lift the threat of deportation for law-abiding undocumented immigrants, according to an alliance of Hispanic and civil rights leaders who warn that disappointment among Latino voters could damage the president’s chances of being re-elected.

A new report from the Fair Immigration Reform Movement (Firm) (pdf) criticises the department of homeland security for failing to implement its own policy that switched the target of deportations onto serious criminal offenders, or the “worst of the worst”.

Firm concludes that the lack of implementation could “undermine the credibility of President Obama’s standing with Latino and immigrant communities nationwide“.

Obama = Lying Hypocrite:

[C]onsider Obama’s 2008 campaign promise that he would tackle immigration reform his first year in office. He now has to explain why he failed to do this: “The challenge we’ve got on immigration reform,” Obama said in a Univision interview last month, “is very simple. I’ve got a majority of Democrats who are prepared to vote for it. And I’ve got no Republicans who are prepared to vote for it.”

That is a bold faced lie:

The DREAM Act would have passed if Democrats had shown unity on the measure.

But five Democrats voted against the legislation: Kay Hagan of North Carolina, Mark Pryor of Arkansas, Ben Nelson of Nebraska and both Montana Democrats, Jon Tester and Max Baucus. West Virginia Sen. Joe Manchin announced his opposition to the DREAM Act Saturday in a statement Saturday but missed the vote.

Three Republicans crossed party lines to vote for the bill: Indiana Sen. Richard Lugar, Alaska Sen. Lisa Murkowski and Utah Sen. Bob Bennett.

Maybe if Obama had put some pressure on those 5 “Democrats” the bill would have passed.

The Obama administration claims that the number are up because they are focused on deporting criminals is another lie: Most of the immigrants who were deported were Latinos and not criminals:

[L]ess than 50 percent of the people removed have a criminal conviction, according to the Homeland Security Department’s own statistics. For example, 387,000 people were deported in 2010, of which only 169,000 had committed a crime. The statistics also show that the large majority of deportations are Latinos. Roughly 73 percent are from Mexico, 8 percent from Guatemala, 6 percent from Honduras and 5 percent from El Salvador.

Remember, this is a president who talks indignantly about the immigration enforcement laws passed by GOP legislators in Arizona, Alabama, Georgia and South Carolina – calling them “misdirected” and “bad law.” He has even instructed his Justice Department to challenge them in court.

This is good news for those undocumented immigrants who came to this country as children with their families. It is a step forward in solving a problem that Obama could have done three and half years ago without congressional approval but has chosen to do it now just to get the Latino community vote. The one thing it is not, a step towards citizenship. Hypocrite.

Today on The Stars Hollow Gazette

Our regular featured content-

These featured articles-

Follow us on Twitter @StarsHollowGzt

This is an Open Thread

The Stars Hollow Gazette

On This Day In History June 15

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 image to enlarge

June 15 is the 166th day of the year (167th in leap years) in the Gregorian calendar. There are 199 days remaining until the end of the year.

On this day 1215, Magna Carta sealed.

Following a revolt by the English nobility against his rule, King John puts his royal seal on the Magna Carta, or “Great Charter.” The document, essentially a peace treaty between John and his barons, guaranteed that the king would respect feudal rights and privileges, uphold the freedom of the church, and maintain the nation’s laws. Although more a reactionary than a progressive document in its day, the Magna Carta was seen as a cornerstone in the development of democratic England by later generations.

John was enthroned as king of England following the death of his brother, King Richard the Lion-Hearted, in 1199. King John’s reign was characterized by failure. He lost the duchy of Normandy to the French king and taxed the English nobility heavily to pay for his foreign misadventures. He quarreled with Pope Innocent III and sold church offices to build up the depleted royal coffers. Following the defeat of a campaign to regain Normandy in 1214, Stephen Langton, the archbishop of Canterbury, called on the disgruntled barons to demand a charter of liberties from the king.

Magna Carta is an English charter, originally issued in the year 1215 and reissued later in the 13th century in modified versions, which included the most direct challenges to the monarch’s authority to date. The charter first passed into law in 1225. The 1297 version, with the long title (originally in Latin) The Great Charter of the Liberties of England, and of the Liberties of the Forest, still remains on the statute books of England and Wales.

The 1215 Charter required King John of England to proclaim certain liberties, and accept that his will was not arbitrary, for example by explicitly accepting that no “freeman” (in the sense of non-serf) could be punished except through the law of the land, a right which is still in existence today.

Magna Carta was the first document forced onto an English King by a group of his subjects, the feudal barons, in an attempt to limit his powers by law and protect their privileges. It was preceded and directly influenced by the Charter of Liberties in 1100, in which King Henry I had specified particular areas wherein his powers would be limited.

Despite its recognised importance, by the second half of the 19th century nearly all of its clauses had been repealed in their original form. Three clauses remain part of the law of England and Wales, however, and it is generally considered part of the uncodified constitution. Lord Denning described it as “the greatest constitutional document of all times – the foundation of the freedom of the individual against the arbitrary authority of the despo In a 2005 speech, Lord Woolf described it as “first of a series of instruments that now are recognised as having a special constitutional status”, the others being the Habeas Corpus Act, the Petition of Right, the Bill of Rights, and the Act of Settlement.

The charter was an important part of the extensive historical process that led to the rule of constitutional law in the English speaking world, although it was “far from unique, either in content or form”. In practice, Magna Carta in the medieval period did not in general limit the power of kings, but by the time of the English Civil War it had become an important symbol for those who wished to show that the King was bound by the law. It influenced the early settlers in New England and inspired later constitutional documents, including the United States Constitution.

Load more