Tag: The New Yorker

It’s Not Easy Having Green

Cross posted from The Stars Hollow Gazette

America’s super rich are having a good decade, but The New Yorker claims they can’t enjoy it because President Obama hurt their feelings.

The growing antagonism of the super-wealthy toward Obama can seem mystifying, since Obama has served the rich quite well. His Administration supported the seven-hundred-billion-dollar TARP rescue package for Wall Street, and resisted calls from the Nobel Prize winners Joseph Stiglitz and Paul Krugman, and others on the left, to nationalize the big banks in exchange for that largesse. At the end of September, the S. & P. 500, the benchmark U.S. stock index, had rebounded to just 6.9 per cent below its all-time pre-crisis high, on October 9, 2007. The economists Emmanuel Saez and Thomas Piketty have found that ninety-three per cent of the gains during the 2009-10 recovery went to the top one per cent of earners. Those seated around the table at dinner with Al Gore had done even better: the top 0.01 per cent captured thirty-seven per cent of the total recovery pie, with a rebound in their incomes of more than twenty per cent, which amounted to an additional $4.2 million each.

Notwithstanding Occupy Wall Street’s focus on the “one per cent,” or Obama’s choice of two hundred and fifty thousand dollars as the level at which taxes on family income should rise, the salient dividing line between rich and not rich is much higher up the income-distribution scale. Hostility toward the President is particularly strident among the ultra-rich.

Pity the Poor Billionaires

Timmy G’s two billowing puffies.

The New Yorker and The Atlantic are running twin puff pieces on how – they hate to admit it but – Timmy G saved the economy.

The New Yawker sezzie poohs:

Economists are still debating what it was that ended the financial crisis and turned the economy around. It is inarguable, though, that Geithner’s stabilization plan has proved more effective than many observers expected, this one included.

Whereas the Atlantians suggest that our fabled civilization was not destroyed by the gods for excess greed and corruption, ’cause Timmeh held back the thunderbolts with hizown chest:

Yet when the history books are written, Geithner will be recognized as Barack Obama’s key lieutenant in the struggle to right the economy and fix the finance system. Economically, Geithner’s plan has worked better and more cheaply than anyone could have imagined a year ago.

The twin, virtually interchangeable pieces appearing at the same time and having extremely similar, if not identical overall angles is prolly just a coincidence, as opposed to a controlled marketing campaign, don’tcha think?

Anyway, just wanted to let everyone know they can relax.  Everything’s hunky dory now and Tim G is an elfin sizzle chest whose athleticism “inspires an adolescent awe in male colleagues.”

CIA Crucified Prisoner In Abu Ghraib

from Sherwood Ross, June 28, 2009

The Central Intelligence Agency crucified a prisoner in Abu Ghraib prison near Baghdad, according to a report published in The New Yorker magazine.

“A forensic examiner found that he (the prisoner) had essentially been crucified; he died from asphyxiation after having been hung by his arms, in a hood, and suffering broken ribs,” the magazine’s Jane Mayer writes in the magazine’s June 22nd issue. “Military pathologists classified the case a homicide.” The date of the murder was not given.

“No criminal charges have ever been brought against any C.I.A. officer involved in the torture program, despite the fact that at least three prisoners interrogated by agency personnel died as a result of mistreatment,” Mayer notes.

An earlier report, by John Hendren in The Los Angeles Times indicted other torture killings. And Human Rights First says nearly 100 detainees have died in U.S. custody in Iraq and Afghanistan.

The Real Issue is Not the New Yorker

(cross posted at dailykos)

The real issue is not the New Yorker and what its editors and artists consider satire. I wish it were. But look at the News Headlines for the last weeks. Which Candidate has been in the news? Which Candidate has made a “flub” more often? Which candidate has had a member of his “team” or a famous supporter make a flub. Which candidate has been labeled as having an erosion in his support?

Do you see where I am going?

“The Fall of Conservatism”

George Packer has an interesting analysis of the implosion of the GOP in this week’s New Yorker, which finally landed in my mailbox yesterday.  It’s rather long but well worth reading in full.  He begins in 1966, when Patrick Buchanan went to work for Nixon, and follows the rise of conservatism from that point to the present.  Some of this should sound very familiar, even to those of us who weren’t old enough to follow politics back then:

In order to seize the Presidency in 1968, Nixon had to live down his history of nasty politicking, and he ran that year as a uniter. But his Administration adopted an undercover strategy for building a Republican majority, working to create the impression that there were two Americas: the quiet, ordinary, patriotic, religious, law-abiding Many, and the noisy, élitist, amoral, disorderly, condescending Few.