`No room! No room!' they cried

I think we just found ourselves at the Mad Tea Party now.
And there's lots of room for all of us.
Today those great populists Rick Santelli, Glenn Beck and Rush Limbaugh seem to think its perfectly OK for the AIG executives to collect their $165 million in bonuses, while the White House is lying and trying to blame everything on Democratic Senator Chris Dodd, even though it is perfectly clear that the people who should be falling on their swords are Larry Summers and Tim Geithner.
People said last December that Obama would live to regret hiring those two.

The $35 bottle of wine

Back in the late 70s, there was a cabinet minister in British Columbia who had to resign because he went out to a fancy restaurant and put several bottles of $35 wine on his public expense account.
Sure it was a trivial amount, especially compared to what governments spend every day. But the government budget figures are so large they are incomprehensible. A $35 bottle of wine, now THAT we can understand.
The same thing is happening now.
We've had months and months of news about an incomprehensible economic crisis with incomprehensible numbers being bandied about, so large that they are impossible for average people to understand -- 40 billion here, 300 billion and 900 billion in the United States -- we just can't wrap our heads around numbers that large.
But $165 million? Well, yes, its a large number, but its only two or three times larger than some of the recent lottery jackpots. So THAT is now a number that people can understand.
And since Jon Stewart told everybody they had a right to be angry, AIG is reaping the whirlwind.
Couldn't have happened to a more deserving bunch, either.

How are we supposed to know?

I find this kind of story extremely confusing.
If Canada's nuclear industry is able to sell several new reactors and make billions of dollars and create lots of jobs, then firing Linda Keen to clear the way for the Nuclear Safety Commission to pre-approve new reactors would turn out to be the best move the Harper government ever made.
If instead there is a horrible nuclear accident because the reactors aren't safe because the Nuclear Safety Commission didn't know what it was approving, then firing Linda Keen was the worst mistake the Harper government ever made.
Of course, perhaps both things could happen. Or neither.
So how do we know? Maybe all we can do it look at the Canadian track record.
As a general rule, I think Canada has found that political decisions have turned out to be bad decisions if they were based on an ideological agenda rather than on non-ideological evaluation.
So if changing Nuclear Safety Commission policy to allow pre-approval of new reactors was based on sound science that fuddy-duddy Keen was too obstructive to grasp, then OK.
But if the policy change was just based on a kneejerk pro-business anti-regulation ideology, then watch out.
And I think Greg Weston is a little worried, too:

According to its own bumpf, commission staff conducting last year's review were able to determine “at a high level” that the new Candu design meets Canadian codes and regulations for safety, performance and quality assurance.
What seemed odd is that last month, long after the review was done, the commission issued a contract for staff training on “regulations and associated codes and standards applicable to the construction of new nuclear facilities including those types that have never been built before in Canada such as ACR-1000...”

The Pottery Barn Rule

I see a lot of talk on the internets about how this recession should be blamed on the Bush Administration and their criminal greediness and lack of market regulation, and how unfair it is to blame this on the Obama who's only trying to fix everything.
But a couple of more incidents like this one, where Obama's people are running around saying mealy-mouthed things about how they really can't do anything to control Wall Street greed, and Obama will be wearing this recession around his own neck.
You break it, you buy it.

Hey, Ralph

So have your guys read the budget NOW?

Send in the clowns

Jon Stewart is a comedian, but it was Jim Cramer who was the clown tonight.
And for a guy who is side-splittingly funny, Steward seems to be taking on the Carlin role of our last angry man.
A couple of years ago, Stewart got outraged at CNN and MSNBC about how their anecdotal horse race coverage trivialized politics while boys were dying in a needless war.
Now Stewart is angry about the financial meltdown. And he's getting outraged at the financial press, like CNBC, because years and years of their pandering brownnosing Wall Streer coverage allowed a bunch of crooks and thieves to loot our retirement funds and then blame it on people who are now living in tents.
Stewart's Cramer interview tonight demonstrated that Stewart has thought deeply about what had gone wrong with America's financial system and with the financial reporting which was supposed to have alerted everyone to the danger. And Jim Cramer hasn't thought about it at all. So Cramer had a hard time explaining both his own actions and the generally smarmy tone of the whole financial press.
Towards the end, Cramer finally started to show some humanity and humility.
Now, don't get me wrong -- he still wasn't angry about what Jon Stewart is angry about -- Cramer didn't seem to be shedding a tear for the millions of people devastated by the financial meltdown.
But at least he showed a glimmer of real emotion when he talked about his feelings of betrayal, because the CEOs and financial managers he had thought were his friends had come on his show and lied to him.

"We don't like this kind of thinking anymore"

Tweety said a remarkable thing::


He's arguing with Ari Fleisher, who starts in with the "Bush kept us safe" mantra, and Tweety points out that "We were attacked on your watch". So Fleisher gets all outraged, and starts in with the "Saddam was a threat" mantra, saying "After Sept 11, how can we take the chance that Saddam might not strike again?"
And Tweety cuts him off at the knees: "I'm happier we no longer have an administration who will use that type of argument; we don't like this kind of thinking anymore in this country."
Fleisher fades to black, looking like he just bit into a very sour dill.

The washing machine? How about the computer!

There's a new article out that argues that the washing machine "liberated" women.
That's silly. Sure, the automatic washer saved hours of labour per week -- but very often that labour was performed not by wives but by landresses or at laundries.
Doesn't anyone remember the "shirt laundry" anymore? I used to work at one.
Nope, it was the computer that turned everybody into their own secretary.
And without the easy, mindnumbing seduction of readily-available typing pool jobs, millions of women found they could learn more than typing and do more than sit at a desk and handle somebody else's letters -- and earn a lot more in the process.
And with birth control, women could hang on to those good jobs, too.

Simple answers

Could MacKay be next NATO head?
No.
This has been another edition of simple answers to stupid questions.

Dream on

Apparently a bunch of American rightwingers are going to pressure Obama to lower their taxes by "going Galt" and stopping doing any work.
Well, we can always dream.

Now gimme money!

Apparently the US banking industry is down the tubes and the Obama administration is secretly trying to save it without going back to Congress or telling anybody what they're doing -- all it all, it sounds like credit default swaps actually will cause the end of civilization as we know it.
But you know, here's the thing -- it wasn't just accidental bad luck, everybody got carried away and then the bubble burst, how sad, but nobody could have predicted...
No, there was illegality here. There was lying here. There was fraud and stealing and malice aforethought -- lots and lots of it. These bankers didn't just fritter away millions of dollars by accident, they stole it, or tried to steal it.
They didn't just make a few mistakes, there was wholesale fraud, here, so that bankers and their friends could make more money.
Now, I have no idea how they did it -- who can understand all these derivatives and asset mixes and triple-A credit ratings for the big shitpile. And that's the problem -- even if it gets investigated, these bankers will all walk. I don't think any of them will ever go to jail.
Their crimes are too complicated, too complex, too difficult for a judge or a jury to understand.
No prosecutor except Patrick Fitzgerald would even consider taking them on.
And I don't think even Lord Black would ever have been convicted, except for the video of him sneaking his boxes out the door.

Great line of the day

Via Atrios, here is A Blog Named Sue:

You know, in every movie I've seen about the end of the world, civilization collapses because of something wicked cool happening - an asteroid hits, nuclear war, a supervirus, an ape revolution, whatever. If civilization collapses over credit default swaps I am going to be pissed.

Emphasis mine.

Square Root day

Damn -- I missed Square Root Day this year (though we did experience a strange hunger for parsnips and carrots!). Now there won't be another one until April 4, 2016.
But Pi Day is coming up next week!

Living in a dictatorship

In view of the Bush V Constitution memos, Avedon Carol makes a thoughtful point:

. . . it is perfectly possible to be living in a dictatorship and not experience it as such as long as you are either uninvolved in politics or are a genuine supporter of the regime. . . . in a free country, you don't prevent pacifists from getting on airplanes because you're trying to prevent terrorists from flying, and you don't refuse entry into the country to journalists from friendly nations. Neither do you incarcerate people for lengthy periods without trial, let alone torture them. Saddam was a dictator, but many Iraqis went about their daily business without encountering any trouble with him and his government. Millions of Soviet citizens did the same under the USSR, but that wasn't a free country, either. Pretending that nothing is wrong because you don't personally know any of the people who are being abused this way does not provide evidence that the country you live in is, in fact, free.

Bring the Jubilee

I once read a book called Bring the Jubilee, which was an "alternative history" of the United States from 1864 to approximately 1930 about what happened after the South won the Civil War.
Now Lance Mannion brings us up to date:

As fast as they can the Republicans are erasing the Presidency of George W. Bush from their official history, just as they've pretty much written Richard Nixon out of it and written out Republican isolationism and pro-fascist sentiment in the years leading up to World War II. They still aren't sure what to do with Joe McCarthy. They'd probably like to make him a non-person too but that darn Ann Coulter is so cute when she talks about what a hero Tail-gunner Joe was you just have to think she has a point.
For going on seventy years the National Republican Party has consoled itself, sustained itself, and kept itself alive by telling itself and anyone who will listen an alternative history of the United States. In this alternative history the New Deal didn't do any good at all, the Cold War was fought and won entirely by super-patriotic Republicans, welfare not racism or systemic poverty destroyed the African-American family, anyway racism ended when Martin Luther King's birthday became a national holiday (alternative to the alternative: racism ended with the election of Barack Obama), the 1960s are the root of all evil, the hippies and the liberals lost the War in Vietnam, 9/11 was Bill Clinton's fault, the financial crisis was Bill Clinton's fault, Barack Obama is turning America into a socialist dictatorship.

If people who don't learn from history are doomed to repeat it, what are these people going to repeat?