Out of the frying pan

Todd Admits Benghazi Committee Is Political

Boy, NBC really doesn’t have a clue why we hated David Gregory, or they wouldn’t be replacing him with someone so similar:

Chuck Todd, a political obsessive and rabid sports fan, is the likely successor to David Gregory as moderator of “Meet the Press,” with the change expected to be announced in coming weeks, according to top political sources. The move is an effort by NBC News President Deborah Turness to restore passion and insider cred to a network treasure that has been adrift since the death in 2008 of the irreplaceable Tim Russert. Although Todd is not a classic television performer guaranteed to wow focus groups, his NBC bosses have been impressed by his love of the game, which brings with it authenticity, sources, and a loyal following among newsmakers and political junkies.

Economic recovery surges ahead for CEO pay…

Median CEO pay packages hit the 10.5 million mark in 2013…

Propelled by a soaring stock market, the median pay package for a CEO rose above eight figures for the first time last year. The head of a typical large public company earned a record $10.5 million, an increase of 8.8 percent from $9.6 million in 2012, according to an Associated Press/Equilar pay study.

Last year was the fourth straight that CEO compensation rose following a decline during the Great Recession. The median CEO pay package climbed more than 50 percent over that stretch. A chief executive now makes about 257 times the average worker’s salary, up sharply from 181 times in 2009.

These “brainiacs” must really be worth it

From 1978 to 2011, CEO compensation increased more than 725 percent, a rise substantially greater than stock market growth and the painfully slow 5.7 percent growth in worker compensation over the same period.

Last year was a record breaking year for corporate profits. After taxes, it was $1.68 trillion.

But, hard work hasn’t really paid off for most workers…

EPI labor economists looked at wage trends in all income levels and found that Americans earning at or below 60 percent of the distribution of wages in the U.S. — a vast majority of working Americans — saw no gains in their wages between 2000 and 2012. At the same time their productivity increased nearly 25 percent.

And the quality and wages of new jobs has declined that many workers must supplement their income by assistance…

Low-wage, part-time jobs in the retail and service sectors have made up the bulk of job growth since the recession. Though these low wages help businesses reduce their labor costs, taxpayers usually pick up the slack; workers are increasingly turning to public benefits like food stamps and Medicaid to make ends meet.

Even with low labor costs, many businesses are fighting a minimum wage increase that could lessen the persistent gap between productivity and compensation. Studies show that the minimum wage, if it had kept pace with productivity gains over the past 30 years, would have been $21.72 last year – a far cry from President Obama’s recent proposal of $10.

Aside from the new CEO pay record; these are pretty well known common facts. Just a reminder if you didn’t have anything else to be depressed about today. What I am trying to understand is how ‘merica can have a successful consumer based economy if these conditions persist. I just predict a lot of debt for the declining middle class.

Ha ha

David Gregory

He’s absolutely awful. But his replacement might be even worse:

NBC News President Deborah Turness is in Washington, D.C., this week and will meet with “Meet the Press” host David Gregory and executive producer Rob Yarin to discuss changes to the format of the show, network sources said Monday.

The meeting, which will take place on Thursday, is part of Turness’s ongoing effort to improve “Meet the Press,” which has suffered in recent years and came in third place behind ABC’s “This Week” and CBS’s “Face the Nation” last quarter.

[…] Sources said that improvements to “Meet the Press” will be one of Turness’s chief concerns on her two-day visit. The show’s fourth-quarter ratings marked the lowest total viewers “Meet” has had in a fourth quarter since 1991. Its ratings in the coveted 25-to-54 demo were the lowest in the show’s history.

Beware the polar Gore-Tex… or is it cortex?

It seemed I might be able to change my socks two days in a row, but then Arctic air crept in on big bear claws and pushed the swamp back into the deep freeze. The swamp rabbit, flipping out from cabin fever, chugged Wild Turkey and ranted, convinced the new ice age had arrived via something called the solar cortex, or the polar Gore-Tex. The name kept changing, but whatever he was going on about sounded ominous.

“I’m telling you, it ain’t natural,” he shouted from next to the wood stove. “This here roller duplex gonna be the end of us.”

Noticing he’d been online, I checked the screen:

…Arctic air is normally penned in at the roof of the world by a powerful circular wind called the polar vortex, said Dim Coumou, a senior scientist at the Potsdam Institute for Climate Impact Research (PIK) near Berlin. When the vortex weakens, the air starts heading southwards, bringing exceptional snow and chill to middle latitudes. The weather shift is also helped by changes in a high altitude wind called the jet stream…

The phrase “polar vortex’ was all over the Internet, like a new pop star or a contagious disease. “Reminds me of you,” I said to the rabbit. “You’re sort of locked in the same loop, round and round, but then you hit the Wild Turkey and start meandering south. You’d be in Georgia by now if you weren’t trapped by the cold.”

“Ain’t no sense to it, the rodent replied. “How come the cortex is so weak, and why ain’t the jet stream doin’ its job?”

I tried to explain that scientists aren’t yet sure of exact cause and effect, only that extremes of temperature down here are becoming more common as the Arctic grows warmer. Then I told him to fetch more wood for the stove while I went outside the swamp to steal more food.

He guzzled bourbon and said, “What’s the difference? It’s the end of the world.”

“Then I’ll just get food for me,” I replied, opening the door of the shack.

“Git me some veggies or somethin’,” he said, after an apparent change of heart. “Just don’t bring back no more of that swine meat.”

Australian Federal Elections…

Compulsory voting in the Australian Federal Elections was completed this weekend. In the House of Representative the Coalition Party defeated the Labour Party for the first time in six years. The 81 seat win puts Tony Abbott in the Prime Minister’s office, solidly defeating Prime Minister Kevin Rudd of the Labour Party.

Even though Australia has somehow avoided a lot of the World’s economic woes, the country is facing an expected economic slow down and the Coalition is hoping to avert that…

The ALP (Labour) points to continued growth, low inflation, low unemployment and low interest rates as well as comparisons with other OECD economies, particularly those in the US and Europe, as a sign of Australia’s continued economic strength in the wake of the global financial crisis. Labor argues that its strategy of stimulating the economy during the GFC (Global Financial Crisis) saved Australia from the worst of the crisis…

The Coalition’s main line of attack on the economy is based on the mantra of “debt and deficit”.

It says the rise in debt over this government’s first four budgets has been bigger as a share of GDP than over any other four year period since at least 1970, when the historical records in modern budget papers began.

It blames the Labor government’s stimulus packages, and a continuing high spend, for pushing Australia’s debt to unsustainable levels. It also contrasts Labor’s repeated deficit budgets with the former Coalition government’s run of surplus budgets.

Australia has a very low percentage of debt as part of GDP at 3.2%.

The Senate race has nearly been decided and it may have a makeup that will put a thorn in the Coalition’s side. Of 76 seats the Coalition has 32 seats, Labour has 25 seats. The Greens have 9 seats and generally will vote along with Labour. There are 8 seats from minority parties that are going to cause some uncertainty in the Senate…

Instead of Labor and the Greens being able to form a blocking majority, the Abbott government must deal with the uncertainty of minor party senators, including one or perhaps two from the insurgent Palmer United Party, South Australian Nick Xenophon and an allied candidate, and potentially a Motoring Enthusiast Party senator from Victoria.

Results are highly provisional, with less than half the upper house vote counted and counting at an early stage in Western Australia, but the new Parliament would seem unlikely to be entirely free of the uncertainty that dogged the minority Labor government in the last.

Australia isn’t without its media issues in elections, too….

Australia’s commercial TV networks have banned an advertisement that criticises the anti-Labor coverage of Rupert Murdoch’s newspapers.

Channels Seven and Ten refused to air the ad commissioned by GetUp, while Nine screened it over four days in Brisbane – then cancelled it after blaming a “coding error”.

GetUp (a progressive action group) says it will report all three networks to the competition watchdog for alleged “misuse of market power”…

The group has accused the broadcasters of censorship to avoid displeasing Murdoch and his company, News Corp. It intends to lodge a complaint with the Australian Competition and Consumer Commission, claiming the networks have breached rules by refusing to supply their services.

In the banned advertisement, a man is seen scooping up dog feces with a copy of News Corp’s Courier Mail.

The man tells viewers: “It was great when you could pick up a paper and get, well, news. Recently, the Courier Mail and the Daily Tele have been using their front pages to run a political campaign instead.”

The man says it is “fair enough” for Murdoch to hold a personal opinion about Prime Minister Kevin Rudd but adds: “Political bias presented as news is misleading crap”

Oh, REALLY? I am shocked! Here is the ad…

http://youtu.be/grqp-JQMFuM

 

Big Money Obama

That should be his new rap name, don’t you think?

Obama retains the support of most progressive interest groups, which are working furiously to help him advance immigration reform (generally favored by big business and also supported by some Republicans) and gun control. But his chief claim to liberal greatness since passage of the Affordable Care Act in 2010 is probably the policy “evolution” that led him to support marriage equality—and that position is also supported by most major corporations. After all, the Defense of Marriage Act causes a lot of bureaucratic problems as well as moral ones, and Wall Street donors have been instrumental in pushing gay marriage into the political mainstream. So Obama’s personal progress on that issue has been consistent with changing corporate mores as much as any concept of justice.

“In 2008 you could sort of hope [Obama] was not going to be phenomenally corrupt,” said another Democratic congressional aide. But, “He believes corporations should run the world. Obama was hired to destroy liberalism and he succeeded.”

The big argument taking place among Beltway reporters and bloggers in recent weeks has been over how much power Obama has when it comes to the gridlock besetting the government. But the genuinely challenging politics of advancing big-ticket items like immigration in the face of unprecedented partisan polarization should not obscure more troubling—and personal, rather than institutional—facts. The growth of income inequality has worsened under Obama, no one has been put in jail for destroying the economy, and cash is sloshing around elections more than ever before. While the mildly redistributive impact of his health-care overhaul remains admirable, getting rid of the one part of the sequester that only affects rich businessmen by restoring funding for air-traffic controllers is not.

So while it is true that our political system is dominated by a bunch of conservative old white men from sparsely populated states and a Senate that probably shouldn’t even exist, Obama isn’t necessarily part of the solution. So far in his second term, he’s beginning to validate the left-wing caricature of himself as a technocrat tool of financial elites intent on earning a shitload of money after he leaves office.

Continue reading “Big Money Obama”

Prediction

Very-Serious-People

The heat over Social Security will die down as the corporate media continues to push the company line that the chained CPI is a brave and noble solution to a problem that doesn’t exist. Obama will have the entire summer to court and spark the Republicans he thinks he can woo to support it.

And then the shit will hit the fan in September, when the sequester’s continuing resolution expires, and this will pushed as part of a deal to settle it. Do not rest, do not assume Obama is going to let go of his shitty, undemocratic Grand Bargain.

When your congressperson is home for the summer, call and find out when they’re holding public meetings, make sure to attend and bring all your friends. We need to scare the shit out of these people. You saw how the teabaggers did it, now it’s our turn.

Besides Isakson, Rubio and Crapo, Sens. Lamar Alexander (Tenn.), John Boozman (Ark.), Susan Collins (Maine), Mike Enzi (Wyo.), Deb Fischer (Neb.), Orrin Hatch (Utah), Pat Roberts (Kan.), John Thune (S.D.) Roger Wicker (Miss.) dined with Obama.

[…] After Wednesday night’s dinner, Obama has not recently dined with 21 Senate Republicans. They are: John Barrasso (Wyo.), Roy Blunt (Mo.), Thad Cochran (Miss.), John Cornyn (Texas), Ted Cruz (Texas), Jeff Flake (Ariz.), Chuck Grassley (Iowa), Dean Heller (Nev.), Jim Inhofe (Okla.), Mark Kirk (Ill.), Mike Lee (Utah), Mitch McConnell (Ky.), Jerry Moran (Kan.), Lisa Murkowski (Alaska), Rand Paul (Ky.), Rob Portman (Ohio), Jim Risch (Idaho), Tim Scott (S.C.), Jeff Sessions (Ala.), Richard Shelby (Ala.) and David Vitter (La.).

Additionally, the two dinners have included all but three Republicans on the Senate Finance Committee: Cornyn, Grassley and Portman. The Finance panel oversees Medicare, Medicaid, Social Security and taxes.

If any of these clowns represent you, keep the heat on. Don’t let them think they can get away with this.
(h/t DUI Lawyer David Benowitz.)

Education policy outcomes are funny things

by Natasha
Today, Matt Yglesias praised Students First for coming out with a state-by-state education policy report card. In his own words, “Importantly it’s a report card assessing the state of education policy in different places, not outcomes.”

Maybe you’re different, but when I think education policy, outcomes rank pretty high up there on the list of things I care about. Students First even claims to care about outcomes, though how anyone could say with a straight face that they think we’ll get a better quality of education from a constantly churning, insecure, overworked, poorly paid, barely-graduated-yesterday teaching workforce, I can’t even pretend to know. But I digress. Let’s get to the funny bits … and remember, laughing is healthier for you than crying.

So, outcomes. While no one metric seems enough to convey the absolute quality of education, there are a lot of things we can look at to give us a general idea. One of them is high school graduation rates, which is a good way to say that 13 or so years worth of teachers managed to keep kids engaged enough that they completed a curriculum conferring basic literacy, numeracy, and at least some sense of history and global perspective. It’s not a perfect system, but it sure beats mass illiterate serfdom or sending most of the kids to the satanic mills, as was formerly the custom of our people.

This is the Students First state education policy report card. This is a map compilation of the 2010-2011 high school graduation rates by state. The chart below is a matchup of the top nine states in the country for high school graduation rates, with graduation rates expressed as a percentage, next to their Students First letter grade for education policy:

State      Grad %    SF grade
IA 88% F
VT 87% F
WI 87% D+
IN 86% C+
NE 86% F
NH 86% F
ND 86% F
TN 86% C-
TX 86% D

Do you find it hysterically funny that something calling itself an education metric gives some of its worst grades to the state education systems that come the closest to 90% high school graduation rates? Oh, come on. Are you trying?

What really makes that a laugh-riot for the ages is that the charter schools Michelle Rhee and the Students First crew are pushing often seem to get graduation results on the same order by getting rid of problem students. Or, as Laura Clawson detailed today at DailyKos, the cheesy plot of Pump Up The Volume is now a model education policy, supported by billionaires looking to squeeze a profit out of our public education dollars. In New York, Massachusetts, Illinois, DC, Ohio, Michigan and Texas, charter schools have been reported to have senior classes as much as 25-60% smaller than their freshman classes, allowing some of them to report near-miraculous high school graduation rates.

Not only do education privatization activists want to make it easy to fire teachers, they want to make it easy to fire students. Little Johnny or Susie can’t read? Learning disability? Didn’t get enough to eat last night or enough sleep in the car their family lives in? Mom is always too tired after her second shift to make them do their homework? They’re fired. I bet you care about that outcome if there’s even a chance we’re talking about your kid, or any kid you care about even a little bit. Public schools can’t usually give up on kids quite so easily; though some have been caught trying, it’s generally regarded as a scandal rather than a desirable plan of operations.

And is there anything funnier than firing kids? Of course!

Because the wackiest thing about the Students First report card is that Louisiana gets the highest grade of any state in the nation, with a B-. Louisiana. Just stew on that for a sec. Then click here for a list of hilarious things being taught in Louisiana’s state-approved charter school curriculum. Here’s a sample:

“[The Ku Klux] Klan in some areas of the country tried to be a means of reform, fighting the decline in morality and using the symbol of the cross. Klan targets were bootleggers, wife-beaters, and immoral movies. In some communities it achieved a certain respectability as it worked with politicians.”—United States History for Christian Schools, 3rd ed., Bob Jones University Press, 2001

Are you laughing yet? Okay, try this Yglesias quote on for size, “The Students First perspective more wisely dings states that make it too hard to open charters but also dings states (like, say, Arizona) that do much too little to hold charter schools accountable for performance,” and then go look again at what made the approved curriculum for Louisiana’s charter schools. If you were wondering, Students First gave Louisiana a passing grade of C- on the metric entitled, “Spend Wisely & Govern Well.”

If the governance bit wasn’t funny enough, here’s some of what spending wisely looks like in Louisiana: spending money on creationist ‘science’ curriculum and scholarships for middle class and wealthy students, favoring high administrative spending over direct instructional costs, and neglecting need-based higher education supports. Hilarious, amirite!?

‘Independent’ is just a state of mind

This one goes out to all the people who insisted Obama would be more progressive in his second term:

A radical bill to abolish the independence of regulatory agencies like the Federal Communications Commission, Consumer Product Safety Commission and Consumer Financial Protection Bureau is currently making a stealthy journey toward passage by Congress.


The Independent Agency Regulatory Analysis Act (IARAA) was introduced on August 1 by Sens. Mark Warner (D-Virginia), Rob Portman (R-Ohio), and Susan Collins (R-Maine). The bill will be considered by the Senate Homeland Security and Governmental Affairs Committee (HSGAC), which is chaired by ex-Democratic Sen. Joe Lieberman (I-Connecticut). Lieberman is said to favor putting the bill on a fast-track to passage, which would eliminate the opportunity for hearings where critics of the legislation could voice their reservations—and advocates would have to explain their support.


The IARAA would fundamentally change the way independent regulatory agencies operate in two crucial ways by (1) giving the president the power to force independent agencies to submit proposed and final rules to the Office of Information and Regulatory Affairs (OIRA) for approval and (2) requiring agencies to conduct a so-called “cost-benefit analysis” of such rules. Although Executive Order 12866 requires federal agencies under presidential control to complete these steps, independent regulatory agencies are bound by no such rule.


If enacted, the bill would eliminate the independence of independent agencies because they would no longer have the power to enact rules without approval from OIRA, which is part of the Office of Management and Budget in the White House. Since Congress created the first independent agencies more than 100 years ago, they have been tasked with protecting the public interest and given a degree of political autonomy to advance the priorities set forth in their foundational statutes. The IARAA would end that autonomy by making these agencies unable to act on their own.


Equally momentous is the rule requiring cost-benefit analysis (cba), which would force independent agencies to subordinate the broader public interest to the economic impact of its proposed rules as defined by the narrow terms of cba. The Federal Aviation Administration (FAA), for example, is an executive agency already subject to OIRA’s cost-benefit analysis requirements. These have made it difficult for the agency to modernize its safety standards because cba—which puts a dollar value on human life—yields the result that too few people are dying to justify spending money to improve air safety. Subjecting independent agencies like CPSC and CFPB to this sort of mandate would undermine their ability to protect Americans from unsafe children’s toys or prevent another mortgage bubble and financial meltdown.


As Senator Collins, an opponent of IARAA before she became a co-sponsor, argued in May 2009, “If you bring these independent agencies within the regulatory purview of OIRA, you defeat the whole purpose of having them be independent agencies. You’re treating them as if they’re members of the [president’s] cabinet.” Collins has not explained her 180-degree reversal on this issue.