Tuesday, July 31, 2012

Fifty Shades of Purple - Dominance and Submission for Economists

if only an economics prescription like the purpleplan could hit the bestseller lists like the fifty shades of grey drek, then maybe the pundits could stop screaming dogmatic blather like 'tax cuts create jobs', and actually talk about real numbers
http://www.thepurpleplans.org/

http://www.amazon.com/The-Clash-of-Generations-ebook/product-reviews/B007D621FG/ref=dp_top_cm_cr_acr_txt?ie=UTF8&showViewpoints=1

http://finance.yahoo.com/blogs/daily-ticker/u-totally-broke-federal-govt-fiscal-gap-222-135416602.html;_ylt=AuK.vGiNDY1gMRwFLZysqQ0p2YdG;_ylu=X3oDMTE2cnB2c2tuBG1pdANEVCBJbmRleARwb3MDMTUEc2VjA01lZGlhQmxvZ0luZGV4;_ylg=X3oDMTFpMm9iMzh1BGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANibG9nBHB0A3NlY3Rpb25z;_ylv=3#more-16436

Boston University economics professor Larry Kotlikoff describes just how bad America's finances are as a result of trillions of dollars in unfunded entitlement liabilities in his new book The Clash of Generations: Saving Ourselves, Our Kids, and Our Economy. He joined The Daily Ticker's Aaron Task to discuss the nation's indebtedness and his solutions for how to fix America's ongoing fiscal crisis. He details the seriousness of the problem in the post below.
By Laurence Kotlikoff
The 78 million-strong baby boom generation is starting to retire in droves. On average, each retiring boomer can expect to receive roughly $35,000, adjusted for inflation, in Social Security, Medicare, and Medicaid benefits. Multiply $35,000 by 78 million pairs of outstretched hands and you get close to $3 trillion per year in costs.
This is not a partisan issue. The dirty little secret that neither President Obama nor Mitt Romney is telling you is that our kids, who are being stuck with the bill, can't afford it. They are at the end of the great postwar chain letter that has been benignly labeled 'Pay As You Go' but is properly called 'Take As You Go.'
One administration after another has bought oldsters' votes by letting them take resources from the young while appeasing the young with the prospect of taking their turn at generational theft.
This is not to knock government involvement in retirement saving and healthcare. Uncle Sam has a legitimate role in making sure people save and get health insurance. But that's different from robbing Peter's generation to pay Paul's.
All Ponzi schemes end and Uncle Sam's will end particularly badly by blowing up in the baby boom's face. Their kids can't remotely cover what's needed, so the baby boomers -- who, as a group, are incredibly poorly prepared for retirement -- won't get the benefits they've been promised.
In June, the Congressional Budget Office (CBO) released its Alternative Fiscal Scenario (AFS) — the CBO's projection of the government's finances into the future. The projections are truly scary, but they received zero press coverage — not a word from the NY Times, Wall Street Journal, Washington Post, or any other major media outlet.
The latest projection shows massive fiscal deficits as far as the eye can see. In less than a dozen years, the CBO projects federal debt will exceed 100 percent of GDP. By the time today's 20 year-olds have reached middle age, the debt to GDP ratio will be 200 percent, a figure that would make Greece blush.
But the truth is far worse than these figures convey. The truth is that our politicians have been very careful in their labeling of government receipts and payments so as to keep most of the coming bills associated with 'Take As You Go' off the books. Consider, for example, Uncle Sam's promises to pay me my Social Security and Medicare benefits starting in roughly 10 years. The present value (the value in the present) of these promises is $400,000. How does this differ from my holding a Treasury bond valued at $400,000?
Fundamentally, it differs not at all, which means that the government has a lot more debt than it's reporting.
How much more?
I'm not sure you want to know. I recently calculated the fiscal gap using the CBO's AFS forecast. The fiscal gap measures the present value difference between all projected future federal expenditures (including servicing official debt) and all projected future taxes. The fiscal gap is thus the true measure of our government's total indebtedness and the true measure of fiscal sustainability.
How big is the fiscal gap?
Brace yourself. It's $222 trillion large! In comparison, official debt in the public's hands is only $11 trillion.
Here's one way to wrap your head around our $222 trillion fiscal hole: closing it via tax hikes would require an immediate and permanent 64 percent increase in all federal taxes. Alternatively, the government could cut all transfer payments, e.g., Social Security benefits, and discretionary federal expenditures, e.g., defense expenditures, by 40 percent. Waiting to raise taxes or cut spending makes these figures worse.
In short, our government is totally broke. And it's not broke in 30 years or in 20 years or in 10 years. It's broke today.
There are radical polices to save the day at least cost to all generations. I've laid out these policies at www.thepurpleplans.org. Take a look, endorse the plans if you like them, and forward them to our two "leaders." There's always the chance that one of them will take a stand against fiscal child abuse.
Laurence Kotlikoff is an economist at Boston University. He is co-author of "The Clash of Generations" and author of "The Purple Plans" at www.thepurpleplans.org.

Sunday, July 29, 2012

Morgan Stanley Wonders if Bridgewater Hedge Fund is a Ponzi Scheme

20 Jul10:53:50Firefox 3.6
WinXP
1280x1024
United States FlagNew York,
United States
Morgan Stanley Group (205.228.53.11) [Label IP Address]
 
 
when is the brown stuff going to hit the hedge fund fan?  when will Ray Dalio's TM mantra suddenly become 'ohshit ohshit ohshit ...'?

Tuesday, July 24, 2012

Learn to Swim: Greenland Ice Sheet Thawing - WooHoo - 23 Foot Sea Level Rise!

Fun Facts:

"We can't lose sight of the fact that Greenland's ice sheet is losing 150 gigatons of ice a year," Wagner said. That translates into raising sea levels by one-one hundredth of an inch.

Sea levels have already risen by about 8 inches in the last century, partly due to some ice melt but also thermal expansion caused by warming seas.

The U.N. climate panel estimates sea level could rise between 7 inches and nearly two feet this century -- the latter a scenario that could prove catastrophic for many coastal areas around the globe.

NASA said researchers had not yet determined whether this summer's Greenland thaw would be significant enough to raise sea levels.

Greenland has enough ice to raise sea levels by 23 feet if it all melted off.

A recent study found that it could take a long-term increase in global temperatures of just 2-3 degrees Fahrenheit to completely melt Greenland's ice sheet in 2,000 years.






Ice melt found across 97 percent of Greenland, satellites show

Nicolo E. DiGirolamo, SSAI/NASA GSFC, and Jesse Allen, NASA Earth Observatory



About 40 percent of Greenland's ice sheet thawed at or near the surface on July 8. Four days later, the melt had dramatically accelerated and an estimated 97 percent of the ice sheet surface had thawed.

By Miguel Llanos, NBC News

Three satellites found that 97 percent of Greenland -- the land mass second only to Antarctica for its volume of ice -- underwent a thaw never before seen in 33 years of satellite tracking, NASA reported Tuesday.



Satellite experts at first didn't trust their readings, especially since they showed an incredible acceleration. Over four days, Greenland's ice sheet -- which covers 683,000 square miles -- went from 40 percent in thaw to nearly entirely in thaw.



"This was so extraordinary that at first I questioned the result: Was this real or was it due to a data error?" Son Nghiem of NASA's Jet Propulsion Lab in Pasadena, Calif., said in NASA's statement about the findings.



Scientists on the ground in Greenland had been reporting an unusually warm summer thaw, including damage at a snow airfield and strong runoff threatening a bridge, Tom Wagner, who manages NASA's ice research programs, told NBC News.



Ice cores from Greenland's highest region do reveal that such island-wide thaws have happened every 150 years or so, at least over the last few thousand years, but the fear now is that it might occur much more frequently due to warming sea and air temperatures.



"We can't lose sight of the fact that Greenland's ice sheet is losing 150 gigatons of ice a year," Wagner said. That translates into raising sea levels by one-one hundredth of an inch. Additionally, the danger of greater warming and greater melt persists.



"If we continue to observe melting events like this in upcoming years, it will be worrisome," said Lora Koenig, a NASA glaciologist who helped analyze the satellite data.



The director of the top ice research center in the U.S. said the discovery fits into "the larger picture of a strongly warming Arctic."



A large glacier, twice the size of Manhattan, split off on July 16. NBC's Brian Williams reports.

"Arctic sea ice extent this summer is so far tracking at very low, near record levels, and the ice cover is unusually diffuse," Mark Serreze of the National Snow and Ice Data Center told NBC News.





On top of that, he said, the seasonal melt that followed the 2012 winter "started unusually early over most of the Arctic Ocean."



Thomas Mote, a University of Georgia climatologist who looked at the satellite data, said the melt followed an unusual series of warm air ridges over Greenland since late May, with the strongest coinciding with the rapid thaw in mid-July.



Each successive ridge, Mote told NBC News, was "stronger than the previous one" until the warm air trend finally broke in mid-July.



The ridges happened just as a cyclical weather phase known as the North Atlantic Oscillation shifted. "Together, they produced near perfect conditions for this event," Mote added.



Because they hold so much ice on land, Greenland and Antarctica have the potential to raise sea levels significantly if warming continues or worsens.



Sea levels have already risen by about 8 inches in the last century, partly due to some ice melt but also thermal expansion caused by warming seas.



The U.N. climate panel estimates sea level could rise between 7 inches and nearly two feet this century -- the latter a scenario that could prove catastrophic for many coastal areas around the globe.



NASA said researchers had not yet determined whether this summer's Greenland thaw would be significant enough to raise sea levels.



Greenland has enough ice to raise sea levels by 23 feet if it all melted off.



A recent study found that it could take a long-term increase in global temperatures of just 2-3 degrees Fahrenheit to completely melt Greenland's ice sheet in 2,000 years.





300,000 Trucking Jobs Available - Why No Takers?

Wilkins says he can gross up to $300,000 per year. After paying for fuel, insurance, truck payments and maintenance he can clear as much as $150,000 in take-home pay, as long as he spends most of his time on the highway, living in his customized sleeper.

"I stay out on the road for six weeks at a time," he said. "In this business, you can't be running home every weekend if you're going to make money."



 
NEW YORK (CNNMoney) -- During tough economic times with high unemployment, Americans should be jumping at any chance to work, but trucking companies are struggling to hire drivers.




There are as many as 200,000 job openings nationwide for long haul truckers, according to David Heller, director of safety and policy for the Truckload Carriers Association.



The U.S. Bureau of Labor Statistics also sees the demand for truckers increasing, up from the 1.5 million drivers on the road now. It expects trucking to add 330,100 jobs between 2010 and 2020, an increase of 20%.



But these positions are difficult to fill, and even harder to keep filled.



"Nobody wants to drive a truck," said Heller.



The pay isn't bad: Truckers earn a median annual wage of $37,930, which is $4,000 more than the median wage for all jobs, according to the BLS. The top 10% of truck drivers make more than $58,000 per year.



[Related: High-Paying, Low-Stress Jobs]



So why do so many long-haul trucking jobs remain unfilled?



First, it's difficult to get certified. The biggest hurdle for the unemployed is probably getting a commercial driver's license, which requires a training course that's up to eight weeks long and costs about $6,000.



"Drivers are put under intense scrutiny before they get into the industry, and for good reason," said Brett Aquila, trucker and creator of the blog TruckingTruth. "It's incredibly risky putting someone behind the wheel of an 80,000 pound truck with your company's name on it."



And when drivers do get on the road, they find the long-haul lifestyle isn't easy, living for weeks at a time in the cramped confines of the back of the truck.



"You have a gigantic culture shock when someone is suddenly living on the road in a space the size of a walk-in closet," said Aquila. "Then you have the pressure, the erratic sleep patterns, and the time away from home, family, and friends."



For these reasons, job turnover is high for truckers. At the same time, as the economy stages a gradual recovery, more new positions are becoming available.



"When people start to spend more money, that means there's more freight to move," said Heller. "When shelves need to be stocked, trucks start rolling. There's not a thing you own that has not been on a truck at some point."



Several of the largest long haul trucking companies in the U.S. are hiring. Schneider National, J.B. Hunt Transport Services, Swift Transportation and Werner Enterprises are aggressively recruiting drivers on their web sites.



Derek Leathers, president and chief operating officer at Werner, said that his company has about 100 open long-haul truck driving positions. The current shortage of truckers has forced his company to work much harder than it used to in order to fill these positions, spending more money on advertising and additional recruiting staff.



Werner is offering a $5,000 signing bonus for its "team driver" positions, where two drivers are together in one truck, working in shifts so that the truck can cover as much as 1,000 miles a day. The company also offers paid apprenticeships to veterans, hiring 35 of them per month. Werner and other trucking outfits tend to put a lot of emphasis on recruiting military veterans, since they have GI Bill funding available to them that will pay for trucking school.



[Related: A $100,000 factory job. What's uncool about that?]



Trucking can be good work, and even highly lucrative, but it will never be an easy choice, says Leo Wilkins, an independent long-haul trucker from St. Charles, Minn., who's been driving for 40 years.



Wilkins says he can gross up to $300,000 per year. After paying for fuel, insurance, truck payments and maintenance he can clear as much as $150,000 in take-home pay, as long as he spends most of his time on the highway, living in his customized sleeper.



"I stay out on the road for six weeks at a time," he said. "In this business, you can't be running home every weekend if you're going to make money."



Friday, July 20, 2012

NewsFlash! Paranoid Schizophrenics and Psychotics Flock to Batman Movie That Glorifies Psychosis!

so a movie that glorifies psychosis brings out the psychotics, whod a thunk it?  No doubt not a few psychotics were inspired by the last psychotic Batman movie and were really looking forward to the new one.  After all, hollywood has to keep upping the ante in whatever the genre:  action, sex, violence, and now psychosis.  Too bad for all the 20 something paranoid schizophrenics out there who haven't yet learned to ignore the voices in their head.

http://www.google.com/search?hl=en&gl=us&tbm=nws&q=batman+movie+encourages+psychotics&oq=batman+movie+encourages+psychotics&gs_l=news-cc.3..43j43i400.17139.27737.0.27988.40.11.1.27.27.0.105.943.7j3.10.0...0.0...1ac.pTy7dxFcfQM

Monday, July 16, 2012

Finally, Someone who Really knows what's going on - Jim Rickards, author of Currency Wars

so refreshing to hear someone state matter-of-factly that USA is in a Great Depression since 2007, but perversely he has more hope for Europe than USA for escaping the multi decade Japanese Lost Decades.

One risk is Bernanke overshooting in trying to get inflation going again, and ending the deflationary spiral aka Great Depression.

"Without nominal GDP growth you're never going to pay off the debt," Rickards says, suggesting the Fed would be willing to tolerate -- and even encourage -- higher inflation in order to give nominal GDP a boost. "The Fed in effect [will be] throwing in the towel on inflation."




Supporters of such a move, such as Fed vice chair Janet Yellen, believe inflation is not a threat given low levels of industrial production and abundant slack in the labor market. But Rickards is more concerned about the long-term implications, as detailed in his book, and the Fed letting the proverbial inflation genie out of the bottle.



Inflation might be low now but "the problem is it can skyrocket if you reach a tipping point" in terms of inflation expectations, he says. "The Fed is missing the role of psychology, behavioral effects and the velocity of money."



More importantly, Rickard believes "we are Japan" and, therefore, any new Fed policies will be hard-pressed to change the economy's trajectory.



"The problem is we're in a depression," he says, dismissing chatter about 'double-dip' recessions. "You can have growth and declining unemployment in a depression but you never get back to trend. You get a little better and then you fall back into the trap. It's happened three years in a row." (See: We Are Living in a 'Modern-Day Depression': David Rosenberg)



 
http://finance.yahoo.com/blogs/daily-ticker/bernanke-ready-throw-towel-inflation-jim-rickards-153824686.html


http://finance.yahoo.com/blogs/daily-ticker/wall-street-analysts-hedge-funds-inside-scoop-scandal-151609427.html


Jim Rickards (@JamesGRickards), author of Currency Wars: The Making of the Next Global Crisis and partner at JAC Capital Advisors in New York, addressed the report in the accompanying video. While he doesn't support the practice described, he does caution against getting overly worked up about it.




Friday, July 13, 2012

Dvorak Wins Guinness Record for Most Wrong Tech Pundit


I didnt believe it when Wikipedia said Dvorak flamed the Iphone when it first came out, but dang, there it is.  Goes to show ya - guys in the punditry biz are there for a reason, they cant get jobs anywhere else.  Belongs in the Hall of Flame with Limbaugh and Beck for being colossally wrong for so long and remaining on the air!




WooHoo - Condi is the new Sara Palin!!! The smell of McCain Desperation is in the Air!!!!


Wednesday, July 11, 2012

America R.I.P.: Great Moments in Supreme Court Infamy: Bush V Gore - Who would have really won?

imagine - a world where Gore won and Bush the Destroyer got his just desserts. 
Instead, America was allowed to become Bush the Alcoholic Delinquent's final and ultimate business failure.
it is enough to make one cry.

and Karl Rove of the closeted GOP gay mafia, is still free, still raking in millions for destroying Democracy.


The issue of who would have won:

Hi all. I have concerns about the content dispute that has occurred recently, specifically starting with this edit. I've read the source in question and, according to the citation, either candidate could have won depending on the standard used to count dimpled ballots. I do not think this issue is as simple as saying "X candidate would have won". I suggest further debate on this issue be hashed out on the talk page instead of through edit summaries and reverting. A good place to start would be to locate additional sources that speak to this issue. -- Sailing to Byzantium (msg), 20:11, 21 February 2012 (UTC)




Check out the current version. I've clarified the Introduction so that it reads that Gore "might" have won a statewide recount (quoting the source). Hopefully, there will be no dispute over this issue. SMP0328. (talk) 02:12, 22 February 2012 (UTC)

I don't know why we are discussing at all what would have happened had there been a state-wide recount, especially not in the lead paragraph. A state-wide recount wasn't at issue in Bush v. Gore. It is tangential at best. I think there is a strong consensus that Gore would have absolutely won had there been a statewide recount, but I don't see at all why it is relevant, especially b/c the specific recount Gore requested in Bush v Gore would not have helped him. That is an extremely important part of the Bush v Gore story, especially because so many people have a misconception that Bush v Gore somehow helped Bush or otherwise altered the outcome of the election.PStrait (talk) 18:30, 22 February 2012 (UTC)

For the sake of clarity, "I think there is a strong consensus that Gore would have absolutely won had there been a statewide recount" is not true according to the source. As I noted in my first comment, the source claims that the outcome of a statewide recount would have hinged on the standard used to count dimpled ballots. -- Sailing to Byzantium (msg), 19:29, 22 February 2012 (UTC)

Okay, what I mean is a state-wide recount that counted both undervotes and overvotes. I could provide a dozen references for this except I don't think it is in contest because, as I've said, overwhelming consensus exists. But again, my point is that I don't understand why this is relevant to this article, or at least so relevant as to belong in the lead paragraph. A state-wide recount was not at issue in Bush v Gore. Gore was suing for a very limited recount, the results of which, had it occurred, would not have altered the outcome of the election. That's the key part of the story that needs to be clear.PStrait (talk) 19:44, 22 February 2012 (UTC)

Can you provide a few of the aforementioned references? I'm genuinely curious and you seem to be quite familiar with this topic. -- Sailing to Byzantium (msg), 19:58, 22 February 2012 (UTC)

Here (http://www.rense.com/general16/count.htm) is an extremely conservative source that examined 6 major new analyses of the final ballot analysis, and determined that "Under any standard that counted all disputed votes in Florida, Gore erased Bush's advantage and emerged with a tiny lead that ranged from 42 to 171 votes," and further, to my point, "Gore followed a legal strategy that would have led to his defeat even if it had not been rejected by the U.S. Supreme Court." Again, I really don't see the relevance of discussing the potential outcome of a full statewide recount -- mentioning it at all implies relevance that it lacks. I think a serious misconception about bush v gore exists that this feeds rather than ameliorates.PStrait (talk) 20:59, 22 February 2012 (UTC)

And your source for these claims is...Matt Drudge?! — goethean ॐ 22:45, 22 February 2012 (UTC)

I offered that source b/c it was a conservative making a claim against his interest so I thought it would be accepted by the particular audience of people not aware of all the studies done by major news organizations -- all of which are the basis for this conclusion. Is this a serious request? The study that Drudge is citing was done by the National Opinion Research Center at the University of Chicago, which was a meta-analysis of the studies done by The Associated Press, The New York Times, The Wall Street Journal, CNN, the St. Petersburg Times, Cox Newspapers, The Washington Post and the Tribune Co. (which owns Los Angeles Times, Chicago Tribune, the Baltimore Sun, etc.). As reported in the Washington Post (11/12/01), "The study showed that if the two limited recounts had not been short-circuited -- the first by Florida county and state election officials and the second by the U.S. Supreme Court -- Bush would have held his lead over Gore, with margins ranging from 225 to 493 votes, depending on the standard. But the study also found that whether dimples are counted or a more restrictive standard is used, a statewide tally favored Gore by 60 to 171 votes." I don't really know why this discussion needs to continue since it is not relevant to the article, a point I have been repeatedly making that seems to be falling on deaf ears.PStrait (talk) 23:13, 22 February 2012 (UTC)

So do you believe the hypothetical statewide recount reference should be removed from the Introduction? I favor removal, but simply changed it so I could avoid being in an edit war and so the reference matched the source provided. SMP0328. (talk) 23:26, 22 February 2012 (UTC)

Per PStrait's points, I favor the removal of the hypothetical state wide recount while leaving in the fact that Gore's proposed recount method would have made no difference. The state-wide recount is perhaps of interest to a more general article about this event. The result of Gore's proposed method should stay in as it speaks to what would have happened if this court case had gone differently. -- Sailing to Byzantium (msg), 23:33, 22 February 2012 (UTC)

Yes it is a serious and genuine request. According to the source currently in the article: "the study, conducted over the last 10 months by a consortium of eight news organizations assisted by professional statisticians, examined numerous hypothetical ways of recounting the Florida ballots. Under some methods, Mr. Gore would have emerged the winner; in others, Mr. Bush". The article then goes on to say that under 7 different standards of counting undervotes, Gore would have won, but that under the standard where " counting dimples that three people saw would have given Mr. Gore a net of just 318 additional votes and kept Mr. Bush in the lead by 219." In my plain reading on this source, it seems clear to me that the election could have gone either way depending on the standard applied to dimpled ballots. Is this the study you are referring to, or was there another study? I'd love to take a look at the sources you mention, especially ones that meet WP:RS guidelines. As far as your point about relevancy to the article, it is well taken. However, you've put forward the claim that an "overwhelming consensus exists" that Gore would have won a state wide recount. As such, I'd really like to see sources that back up this claim. -- Sailing to Byzantium (msg), 23:27, 22 February 2012 (UTC)

I would perhaps rephrase my statement to say that overwhelming consensus exists that Gore *probably* would have won had there been a full statewide recount of overvotes and undervotes. That is the specific phrasing in most sources I've seen, e.g., http://www.factcheck.org/2008/01/the-florida-recount-of-2000/. My objection to "might have won" was that it implies a higher degree of uncertainty than actually exists. There is unavoidable uncertainty -- the NORC study didn't have access to 2200 ballots. The 3-person dimpled chad issue you refer to doesn't assume a full count of overvotes, and it also raises some other issues (why 3 person agreement?). But in any event, I think the consensus is that it is very likely (though not guaranteed) that a complete recount would have favored Gore.PStrait (talk) 07:57, 23 February 2012 (UTC)

We seem to have a consensus, so I have removed the statewide recount reference from the article. SMP0328. (talk) 23:40, 22 February 2012 (UTC)

Ok, I understand your points. Very interesting conversation, this one! -- Sailing to Byzantium (msg), 15:20, 23 February 2012 (UTC)

America R.I.P.: Per Curiam Plutocracy, it's not Judicial Activism when Conservatives do it!

yet more reason to impeach Justice Roberts for lying during his confirmation hearings, a summary dismissal of a Montana case proving Roberts' court did not know what they were talking about in their egregious exercise of Judical activism.  So the court takes the proof that they are either politically ignorant, naive, or stooges or all of the above, and promptly files it in the round file bin without comment.  "nanananana can't hear you!" 

Surely this will be remembered as a Great Moment in the history of the court's most stupid and destructive decisions, and yet another milestone in the final decline and fall of America from the legacy of George W Bush and Karl Rove, the Destroyers of America and the Enemies of Democracy.

http://2012.talkingpointsmemo.com/2012/06/dissent-justice-breyer-montana-case-shows-citizens-united-was-wrong.php

http://www.supremecourt.gov/opinions/11pdf/11-1179h9j3.pdf


http://en.wikipedia.org/wiki/Per_curiam_decision


Benjy Sarlin- June 25, 2012, 11:27 AM 21719

The Supreme Court sided with a conservative group on Monday to invalidate a Montana law restricting corporate spending on elections that had been on the books for 100 years, saying it clearly conflicted with their ruling in Citizens United.



But in a dissent, Justice Stephen Breyer argued that Montana’s history of corruption is a sign of what’s to come thanks to the Supreme Court’s determination that bans on corporate election spending violate free speech.



Montana’s law had been upheld by the state Supreme Court after being challenged by a conservative group, American Tradition Partnership. But in a 5-4 ruling, the Supreme Court summarily reversed the lower court’s decision and invalidated the longstanding legislation.



The court determined in Citizens United that “independent expenditures, including those made by corporations, do not give rise to corruption or the appearance of corruption.” Montana’s attorney general claimed that the 1912 Corrupt Practices Act should stand as proof that the court’s argument had already been proven wrong over 100 years earlier, when the state’s mining billionaires blatantly bought off state legislators to further their interests. Most notoriously, copper king William Clark was appointed to the Senate by the state legislature, only to have his seating blocked by the Senate in Washington, D.C. over widespread evidence of bribery.



“Even if I were to accept Citizens United, this Court’s legal conclusion should not bar the Montana Su­preme Court’s finding, made on the record before it, that independent expenditures by corporations did in fact lead to corruption or the appearance of corruption in Montana,” Breyer wrote. “Given the history and political landscape in Montana, that court concluded that the State had a compelling interest in limiting independent expenditures by corporations.”



The court decided not to listen to arguments on the case, instead issuing a summary reversal of a Montana court’s decision to uphold the law. Critics of Citizens United had hoped the Supreme Court would give them a chance to make the case that the explosion of campaign spending in the last two years had proven their initial decision wrong.



Breyer wrote in a dissenting opinion that it would be a waste of time to listen to arguments on the case after Citizens United, given the conservative majority’s clear opinion, but he nonetheless indicated that the Montana decision foretold serious trouble for campaign finance.



Tuesday, July 10, 2012

Bizarro Superman Movie MUST be made to finally herald the END of all this stupid superhero CGI drek

my favorite comic superhero as a kid, next to the Silver Surfer - Bizarro Superman! 

Cant wait for the movie!!!!

Bizarro Superman(????)
Note: Because this project is categorized as in development, the data is only available on IMDbPro and is subject to change.
Contact: View company contact information.
Filmmakers: See writer andproducer.
Cast: Viewpreliminary cast.
More Info: Seeadditional info (such as project notes, plot summary and industry news).
 
A Bizarro feature film is being developed by writers Dean Parisot and Robert Gordon.[31][32]
 
 
THR is reporting that Warner Bros is moving forward with several DC Comics' properties, including "Jonah Hex," "The Green Lantern," "Red" and "The Losers." "Superman" rights will soon leave the studio, but a third "Batman" movie could still happen. Are there any other DC Comics' project the studio is looking at?

This past fall, Warners quietly hired three of DC's biggest writers -- Geoff Johns, Grant Morrison and Marv Wolfman -- to act as consultants and writers for its superhero line of movies.

Monday, July 9, 2012

Romney's Thurston Howell III Plutocracy Tour Stops at the Hamptons Gilligan's Island

The Best Quotes from Guests at Romney's Hamptons Fundraisers
By Garance Franke-Ruta
Jul 9 2012, 9:15 AM ET1

People who pay the equivalent of a salary for a meal are different from you and me.

Republican presidential contender Mitt Romney held three posh fundraisers in the posher precincts of the New York resort community of the Hamptons on Sunday as part of the massive ongoing fundraising push that helped him pull in $106 million in June, with hopes to raise another $100 million each month from now until the election.

But when you're charging people $50,000 for lunch or dinner (or $75,000 per couple), you can't always expect them to sound in tune with the downtrodden American workers whose plight Romney has made a focal point of his campaign. Indeed, it's extraordinary that the displays of ostentatious wealth at political fundraisers come in for as little notice as they do, and to what an extent political donations are considered socially akin to charitable giving when they do not have any direct charitable impact.

Two stories that came out of the Romney fundraisers in fact suggest that that in a post-Citizens United world of largely unfettered campaign giving, the only brake on the power of the wealthy within the political system may turn out to be social. What if it were considered déclassé to give large sums to candidates or committees within a democracy, and especially in a nation where so many have other needs? Further close observation of the people who attend major-dollar fundraisers could begin to bring about such a possible future.

From the Los Angeles Times:

The line of Range Rovers, BMWs, Porsche roadsters and one gleaming cherry red Ferrari began queuing outside of Revlon Chairman Ronald Perelman's estate off Montauk Highway long before Romney arrived, as campaign aides and staffers in white polo shirts emblazoned with the logo of Perelman's property -- the Creeks -- checked off names under tight security.

A New York City donor a few cars back, who also would not give her name, said Romney needed to do a better job connecting. "I don't think the common person is getting it," she said from the passenger seat of a Range Rover stamped with East Hampton beach permits. "Nobody understands why Obama is hurting them.

"We've got the message," she added. "But my college kid, the baby sitters, the nails ladies -- everybody who's got the right to vote -- they don't understand what's going on. I just think if you're lower income -- one, you're not as educated, two, they don't understand how it works, they don't understand how the systems work, they don't understand the impact."
 And from The New York Times:
A woman in a blue chiffon dress poked her head out of a black Range Rover here on Sunday afternoon and yelled to an aide to Mitt Romney. "Is there a V.I.P. entrance? We are V.I.P." ....

A few cars back, Ted Conklin, the owner of the American Hotel in Sag Harbor, long a favorite of the Hamptons' well-off and well-known, could barely contain his displeasure with Mr. Obama. "He is a socialist. His idea is find a problem that doesn't exist and get government to intervene," Mr. Conklin said from inside a gold Mercedes, as his wife, Carol Simmons, nodded in agreement.

Ms. Simmons paused to highlight what she said was her husband's generous spirit. "Tell them who's on your yacht this weekend! Tell him!"

Over Mr. Conklin's objections, Ms. Simmons disclosed that a major executive from Miramax was on Mr. Conklin's 75-foot yacht, because, she said, there were no rooms left at the hotel.
comments:

Friedrich Pietro
"...they don’t understand how it works, they don’t understand how the systems work, they don’t understand the impact.”. The one thing the ultra-rich don't understand is that excessive tax cuts lead to escalating wealth inequality which leads to Great Depressions which leads to revolutions. We have had 100+ year track record of Democratic vs Republican economic performance and the result is clear: Democrats win on GDP growth, poverty reduction, deficit reduction and employment growth; Republicans win on only one thing: the rich get exponentially richer.
The Best Quotes from Guests at Romney's Hamptons Fundraisers
By Garance Franke-Ruta
Jul 9 2012, 9:15 AM ET1

People who pay the equivalent of a salary for a meal are different from you and me.

Republican presidential contender Mitt Romney held three posh fundraisers in the posher precincts of the New York resort community of the Hamptons on Sunday as part of the massive ongoing fundraising push that helped him pull in $106 million in June, with hopes to raise another $100 million each month from now until the election.

But when you're charging people $50,000 for lunch or dinner (or $75,000 per couple), you can't always expect them to sound in tune with the downtrodden American workers whose plight Romney has made a focal point of his campaign. Indeed, it's extraordinary that the displays of ostentatious wealth at political fundraisers come in for as little notice as they do, and to what an extent political donations are considered socially akin to charitable giving when they do not have any direct charitable impact.

Two stories that came out of the Romney fundraisers in fact suggest that that in a post-Citizens United world of largely unfettered campaign giving, the only brake on the power of the wealthy within the political system may turn out to be social. What if it were considered déclassé to give large sums to candidates or committees within a democracy, and especially in a nation where so many have other needs? Further close observation of the people who attend major-dollar fundraisers could begin to bring about such a possible future.

From the Los Angeles Times:

The line of Range Rovers, BMWs, Porsche roadsters and one gleaming cherry red Ferrari began queuing outside of Revlon Chairman Ronald Perelman's estate off Montauk Highway long before Romney arrived, as campaign aides and staffers in white polo shirts emblazoned with the logo of Perelman's property -- the Creeks -- checked off names under tight security.

A New York City donor a few cars back, who also would not give her name, said Romney needed to do a better job connecting. "I don't think the common person is getting it," she said from the passenger seat of a Range Rover stamped with East Hampton beach permits. "Nobody understands why Obama is hurting them.

"We've got the message," she added. "But my college kid, the baby sitters, the nails ladies -- everybody who's got the right to vote -- they don't understand what's going on. I just think if you're lower income -- one, you're not as educated, two, they don't understand how it works, they don't understand how the systems work, they don't understand the impact."
 And from The New York Times:
A woman in a blue chiffon dress poked her head out of a black Range Rover here on Sunday afternoon and yelled to an aide to Mitt Romney. "Is there a V.I.P. entrance? We are V.I.P." ....

A few cars back, Ted Conklin, the owner of the American Hotel in Sag Harbor, long a favorite of the Hamptons' well-off and well-known, could barely contain his displeasure with Mr. Obama. "He is a socialist. His idea is find a problem that doesn't exist and get government to intervene," Mr. Conklin said from inside a gold Mercedes, as his wife, Carol Simmons, nodded in agreement.

Ms. Simmons paused to highlight what she said was her husband's generous spirit. "Tell them who's on your yacht this weekend! Tell him!"

Over Mr. Conklin's objections, Ms. Simmons disclosed that a major executive from Miramax was on Mr. Conklin's 75-foot yacht, because, she said, there were no rooms left at the hotel.





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Friedrich Pietro
"...they don’t understand how it works, they don’t understand how the systems work, they don’t understand the impact.”. The one thing the ultra-rich don't understand is that excessive tax cuts lead to escalating wealth inequality which leads to Great Depressions which leads to revolutions. We have had 100+ year track record of Democratic vs Republican economic performance and the result is clear: Democrats win on GDP growth, poverty reduction, deficit reduction and employment growth; Republicans win on only one thing: the rich get exponentially richer.

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Neil Blaisdell · Top Commenter · Swampscott, Massachusetts
In actual fact, we have never tried eating the rich in this country. So, actually, we don't know if it wouldn't work.

Reply · 15 · Like

Deborah Coffey · Top Commenter
When these "beautiful people" are taxed at 90% again, perhaps they will understand as well as the nails ladies and babysitters. The American people will not wait much longer for the trickle down scraps being thrown under the table. Occupy!

Julie Van Camp · Top Commenter · Temple University
Those quotes from the uber-rich are priceless. They remind me of Leona Helmsley's famous remark: "Only the little people pay taxes." With his accounts and shell corporations in Switzerland, Bermuda, and the Caymans, apparently Romney took her advice. Where are the tax returns? We have to keep demanding those.

Reply · 10 · Like
maxdemon1878 (signed in using yahoo)
Wow, just proves that money and brains don't have to travel together.

John Schinkel · University of Missouri - Kansas City
Bwakfat: Be assured that a walk through the oceans of rich men's souls would scarcely get your feet wet. (Well, most of them at least.)

Fast Eddie · Top Commenter · New York, New York
Rich people like to think they "get it". What they get is the nod-nod wink-wink from Karl Rove's propaganda mills: "You take care of Mitt Romney, and he will take care of you. The poor will never know what hit them."

Romney will give them tax cuts, tax avoidance loopholes, and no Government oversight or regulation so that they can continue to rape the middle class and the poor and the US Treasury just like they have been doing for the last 20 years.
Robert Royal · University of Massachusetts Amherst
It's been a lot longer than 20 years. The poor and middle class have never stood a chance in this country.

Charley Temple · Top Commenter · UNT
Yeah, between the Rich, the Tea Partiers, the Christian Dominionists, the Militias, the Birthers, etc., we've got enough humor material to last us a lifetime. American Exceptionalism at its finest...

Kim Bezak · Top Commenter · Maple Heights High School
the fact that they can mock us to our faces shows the power they have and how hard it will be to wrestle it away from them....lets start by reelecting President Obama.
Gary Stewart
Wow. Thought for a second this was one of those Onion articles that found it's way onto a more traditional outlet. After a good laugh, it did make me want to cry a little.

Shane Lear · Subscribe · Top Commenter
Am I the only one who thinks Romney looks and talks a lot like Thurston Howell III on "Gilligan's Island"? Just sayin'.

Saturday, July 7, 2012

Alas, the Dolphin is All Too Human

sniff, my dophin fantasies of there being at least one species on earth devoted to compassion and play as the highest form of intelligence, is shattered,

From a National Geographic Special on Dolphins:

"But beneath the harmony lies a darker side of dolphins. Gangs of strong males pick on younger or smaller dolphins. Bottlenose dolphins are even known to kill for reasons other than hunger.

Cinematographer Paul Atkins, diving in the Bahamas with wild dolphins, heard the first sign of trouble before a particularly intense fight. “Jaw clapping” is a bone-chilling, audible threat to those around. The encounter that ensued–including head ramming, biting, and blows from powerful flukes–is surprisingly violent.

In another hemisphere, Dr. Richard Connor, studying dolphins in Shark Bay in Western Australia, has documented cases of males kidnapping and holding females captive, sometimes for months at a time. “Dolphins are complex, intelligent, social animals and that carries with it a range of behaviors from the nice to the not-so-nice. Just like in our own species.”

Dr. Connor is especially intrigued by relationships between the males. To him it’s like cracking the code of a secret society. These alliances can last for a dozen years or more. The strategy is designed to keep females from mating with other males so that the alliance will have the most offspring."

  • 4 years ago

Tuesday, July 3, 2012

Andy Griffith's America usurped by Limbaugh Beck Ailes and Murdoch

http://en.wikipedia.org/wiki/A_Face_in_the_Crowd_(film)

Now that the great American Andy Griffith has passed on, RIP, let us recall his role in 'A Face in the Crowd' that is the model for the right-wing blowhards like Beck and Limbaugh and their impresarios Ailes and Murdoch.  Griffith himself was so repulsed by the role of 'Lonesome Rhodes' that he played only roles like the Mayberry sherriff from then on.  Yet America now is full of 'Lonesome Rhodes' hucksters like Beck and Limbaugh, and nowhere to be seen on radio is a sherriff of Mayberry.  Thom Hartman comes close, but there is no money in being rational and thoughtful and helping to lift up the conscience of the country.  Let us also recall Andy Griffith's role in making a great campaign ad for Obama in 2008.

The Price of the Military Industrial Complex Global Empire

http://endoftheamericandream.com/archives/u-s-military-spending-is-out-of-control-12-facts-that-show-that-we-cannot-afford-to-be-the-police-of-the-world

So in our attempt to police the world, we are spending way too much money, our military is stretched far too thin and we aren't even preparing to fight our real threats.




The truth is that U.S. military spending is totally out of control. The following are 12 facts that show that we cannot afford to be the police of the world....



#1 Today the U.S. military has over 700 bases (some say it is actually over 1000 bases) in 130 different countries around the globe. It is estimated that it costs about $100 billion a year to maintain these bases.



#2 The U.S. military budget for 2010 was $693 billion.



#3 However, when you throw in all "off budget" items and other categories of "defense" spending not covered in the Pentagon budget you get a grand total of somewhere between $1.01 and $1.35 trillion spent on national defense in 2010.



#4 The truth is that U.S. military spending is greater than the military spending of China, Russia, Japan, India, and the rest of NATO combined.



#5 Total U.S. military spending makes up approximately 44 percent of all the military spending on the entire globe.



#6 The Pentagon currently gobbles up 56 percent of all discretionary spending by the federal government.



#7 Together, the wars in Iraq and Afghanistan cost more than $150 billion a year.



#8 Up to this point, it is estimated that the U.S. government has spent over 373 billion dollars on the war in Afghanistan.



#9 Up to this point, it is estimated the the U.S. government has spent over 745 billion dollars on the war in Iraq.



#10 Since 2001, the total cost of the wars in Iraq and Afghanistan breaks down to $3,644 for every man, woman and child in the United States.



#11 The total price tag for each F-22 fighter jet is approximately $350 million.



#12 The Sustainable Defense Task Force has produced a report which shows that the U.S. could easily slash a trillion dollars from the defense budget over the next ten years.



But isn't the U.S. the wealthiest nation in the world?



Can't the U.S. government afford all of this military spending?



No.



The truth is that the U.S. government has accumulated the biggest mountain of debt in the history of the world.



The U.S. national debt is 13 times larger than it was just 30 years ago. We are literally drowning in red ink, and the farther you project things into the future, the more apocalyptic the financial outlook becomes.



Sunday, July 1, 2012

A Mystery Solved - Why BART is So Freaking LOUD

been puzzled for a long time on why BART trains are so loud, evidently when they first started running in the 70's it was not the case.

The reason - the car's fixed axles cause wheel scraping and washboarding of the rails on corners, which causes vibration of the wheels. 
 
but if only they would put more soundproofing in the cars!
 
 
mmathersTop 50                                           
On my last trip to japan, I was SHOCKED at how quiet their trains were at speed. Apparently, one of the main differences is that the trains over there run on rubber tires. Seriously.
Anyway, I'm no transportation engineer but I sincerely do hope they address the sound... you know, for the children.
-mm
 

SFHopeful                                           
Not too many trains there run on rubber tires. There are rubber tired metros there (and more notably there are in Paris, Montreal, and some of the Mexico City metro) but they suffer from the reduced efficiency and wobblier ride that tires bring to the table.
The reason BART is so loud is that it uses flat steel wheels on solid axles on a wide gauge (same gauge that's used in India, Pakistan, Chile, and a few random other places).
Because the wheels have no cant to their surfaces, they don't have a variable effective diameter (sort of a poor man's differential), so when it goes around corners one of the wheels has to scrape the rail. This deforms the wheel, which causes it to create ripples in the rest of the rails. The only way to get the ripples out is to grind down the rails, which takes a lot of time with a rail grinder of which BART has trouble providing enough of, and it reduces the lifespan of the rails.
This is why BART is so freaking loud.
Something we should demand on the new BART cars -- independent axles. If the wheels wouldn't drag anymore, then the whole problem would go away with a fresh rail grinding.

Tom Friedman Pushes the Cult of Centrism re Chief Justice Roberts' Grudgingly doing his job

What kudos does Chief Justice Roberts deserve for ignoring 80+% of the constitutional law expert consensus that the Commerce Clause was sufficient justification for the mandate?  And where is the condemnation of Clarence Thomas' scandalous in-your-face refusal to recuse himself when is wife is a paid activist regarding the case he is trying?  If he were a black liberal the impeachment would be under way already.


Op-Ed Columnist
Taking One for the Country
By THOMAS L. FRIEDMAN
Published: June 30, 2012 350 Comments


IN my mind, there are two lessons from the Supreme Court’s 5-to-4 decision to support President Obama’s health care plan: 1) how starved the country is for leadership that puts the nation’s interest before partisan politics, which is exactly what Chief Justice John Roberts Jr. did; and 2) the virtue of audacity in politics and thinking big. Let’s look at both.
Josh Haner/The New York Times

    Read All Comments (350) »

It was not surprising to hear liberals extolling the legal creativity and courage of Chief Justice Roberts in finding a way to greenlight Obama’s Affordable Care Act. But there is something deeper reflected in that praise, and it even touched some conservatives. It’s the feeling that it has been so long since a national leader “surprised” us. It’s the feeling that it has been so long since a national leader ripped up the polls and not only acted out of political character but did so truly for the good of the country — as Chief Justice Roberts seemingly did.

I know that this was a complex legal decision. But I think it was inspired by a simple noble leadership impulse at a critical juncture in our history — to preserve the legitimacy and integrity of the Supreme Court as being above politics. We can’t always describe this kind of leadership, but we know it when we see it and so many Americans appreciate it.

This is still a moderate, center-left/center-right country, and all you have to do is get out of Washington to discover how many people hunger for leaders who will take a risk, put the country’s interests before party and come together for rational compromises. Why do we all jump up and applaud at N.B.A. or N.F.L. games when they introduce wounded Iraq or Afghan war veterans in the stands? It’s because the U.S. military embodies everything we find missing today in our hyperpartisan public life. The military has become, as the Harvard philosopher Michael Sandel once put it, “the last repository of civic idealism and sacrifice for the sake of the common good.”

Indeed, I found myself applauding for Chief Justice Roberts the same way I did for Al Gore when he gracefully bowed to the will of the Supreme Court in the 2000 election and the same way I do for those wounded warriors — and for the same reason: They each, in their own way, took one for the country.

To put it another way, Roberts undertook an act of statesmanship for the national good by being willing to anger his own “constituency” on a very big question. But he also did what judges should do: leave the big political questions to the politicians. The equivalent act of statesmanship on the part of our politicians now would be doing what Roberts deferred to them as their responsibility: decide the big, hard questions, with compromises, for the national good. Otherwise, we’re doomed to a tug of war on the deck of the Titanic, no matter what health care plan we have.

I see no sign of Mitt Romney being ready for such a “Roberts moment.” I still have hope for Obama. He’s entitled to a victory lap for daring to go big — ignoring his advisers — to bring health care to the whole country. It’s a huge achievement.

Comments Closed

        Kevin Rothstein
        New York
        Verified

    Mr. Friedman: there is no equivalence between President Obama and the Republicans when it comes to leadership, intelligence, empathy, maturity, and the willingness to compromise. Of course, the president is not perfect; nobody is. However, your disturbing, and some may say annoying, tendency to repeat the same argument virtually every week ensures that millions of your readers are being led to believe a falsehood. All one has to do, especially in the technological age of today, is research every lie, insult, exaggeration, and downright crazy thing the Republicans have done and said about the president since January 20, 2009, to understand what I am saying. Please stop the false equivalence. I can't comprehend why this newspaper allows you to get away with such journalistic smoke and mirrors.
        June 30, 2012 at 4:46 p.m.
        Recommended564

        Janet
        Salt Lake City, Utah
        Verified

    Mr. Friedman, I think Prof. Krugman was referring to you when he wrote on his blog:

    "By now, the centrist dodge ought to be familiar. A Very Serious, chin-stroking pundit argues that what we really need is a political leader willing to concede that while the economy needs short-run stimulus, we also need to address long-term deficits, and that addressing those long-term deficits will require both spending cuts and revenue increases. And then the pundit asserts that both parties are to blame for the absence of such leaders. What he absolutely won’t do is endanger his centrist credentials by admitting that the position he’s just outlined is exactly, exactly, the position of Barack Obama."

    You complain about the lack of leadership, but the fault is in yourself. We have a leader. You need to start listening to him.
        June 30, 2012 at 9:37 p.m.
        Recommended368
        Karen Garcia
        New Paltz, NY
        Verified

    Is there a Centrist Cult deprogrammer in the house to perform an emergency intervention?

    While it may be intellectually amusing to elevate Chief Justice Roberts to a pedestal he probably does not deserve, given his court's inexcusable Citizens United ruling, I somehow doubt that altruism was at the heart of his supposed about-face on health care. He's got decades to go before he sleeps, and I am sure he watches TV and reads newspapers and has an inkling of how utterly despised the third branch of government has become. Plus, ruling in favor of the ACA is a huge bonanza to the for-profit health insurance industry, which will suck in an estimated 30 million new customers thanks to an idea conceived by a conservative think tank, adopted by a Republican governor (Romney), and eagerly embraced by a cabal of corporate Democrats.

    If your idea of a grand renewal, Mr. Friedman, includes polluting the water and raping the earth through fracking, advances in robotics (Predator drones?), cyber-gadgets in colleges to replace human instruction and critical thinking, and cloud computing as a magical gateway to prosperity and innovation, then I'm afraid somebody's fevered centrist imagination is also right up there in the clouds. Dark storm clouds. Clouds that are full of hot air.

    http://kmgarcia2000.blogspot.com/
        June 30, 2012 at 5:19 p.m.
        Recommended344


        Mark Thomason
        Clawson, MI
        Verified

    "how starved the country is for leadership that puts the nation’s interest before partisan politics"

    How very tired the country is of Republicans behaving badly.
        June 30, 2012 at 10:13 p.m.
        Recommended239


        Lizzie8484
        NYC

    You write: "It’s the feeling that it has been so long since a national leader “surprised” us. It’s the feeling that it has been so long since a national leader ripped up the polls and not only acted out of political character but did so truly for the good of the country — as Chief Justice Roberts seemingly did."

    But, no, actually, what's surprising is that a Republican did it. President Obama has done it repeatedly, including in the health care act. He was advised, you may recall, to have it just help women and children, but he refused, because he knew the people who would never be helped were men of color. True, he did not go for a public option, but he went for what he could get, and he knew it might make him a one-term president. He also, you may recall, Mr. Friedman, came out for gay marriage not too long ago, which was, a trillion people said, a politically risky thing to do.

    It's the Republicans who refuse to do what's right for the country again and again and again and again. Justice Roberts doing what he did will be the first and last such act for quite some time, you can be sure of that.
        July 1, 2012 at 5:32 a.m.
        Recommended146


        Phyl
        Brooklyn
    NYT Pick

    You are praising someone with a lifetime appointment and virtually nothing to lose, for refraining from destroying people's right to healthcare. You compare him to war heroes who risk their lives? You compare him favorably to the president who stuck his neck out to pass the legislation Roberts more or less let stand? (Millions of people will lose out on Medicaid benefits through his ruling--the most vulnerable will be harmed.) After Roberts led the charge to let the rich practically buy elections with unlimited campaign contributions you laud him?

    Roberts acted prudently and protected the court's waning prestige. That's good as far as it goes. It is not remotely heroic.
        July 1, 2012 at 5:31 a.m.
        Recommended144


        francine
        massachusetts

    Making a good decision that surprised the pundits does not exactly qualify CJ Roberts as a Profile in Courage. It certainly doesn't mitigate some of his lesser decisions.

    And I think you're selling President Obama short. In a 24/7 job, it isn't possible for everything to be big and earth shattering but it is necessary to keep moving the ball up the field. In the political world, small steps in the right direction count - even if you don't find them impressive. ACA, Consumer Protection Bureau, ending DADT, auto industry bail out, going after bin Laden and other actions were the right thing to do.

    Obama deserves more than a victory lap; he deserves a second term to finish his work. With any luck, he'll get more Democrats in congress to help him move the country forward.
        July 1, 2012 at 5:32 a.m.
        Recommended128

        RS
        U.K.

    Why do you assume that universal coverage and the individual mandate would necessarily be antithetical to John Roberts's politics?

    Let's remember that having an individual mandate is actually a conservative idea, and its roots go back to the Heritage Foundation and other conservative think tanks.

    It's only now - in the crazy upside down world of 2012 - that Republicans oppose it, simply because it was introduced by Barack Obama.
        July 1, 2012 at 5:32 a.m.
        Recommended107

        MS
        NY
    NYT Pick

    We should all be thanking Justice Scalia, not Justice Roberts for the the 5-4 decision that upheld the constitutionality of the ACA. What could John Roberts do other than side with the Democrats after Scalia's diatribe against President Obama in his dissent on the Court's take down of Arizona's Immigration Law one week earlier. Scalia exposed the underbelly of the conservative majority, their embrace of the ideology of the lunatic fringe of the GOP and their complete contempt and hatred for the president with his unjudicial and unhinged screed. Justice Roberts acted to preserve the credibility of the Supreme Court which is sinking in the eyes of the public. That was the right thing to do but his actions weren't motivated by anything but stopping the Court's slide. Read the complete decision, Mr. Friedman. It is not the coherent, concise and exacting type of work the chief justice is known for. It reads as though he was siding with the conservatives, then changed his mind.

    As far as "statesmanlike leadership" is concerned, that belongs to the man who stuck his neck out to give us the chance for universal health care against the advice of all his political advisors because "it was the right thing to do."
        July 1, 2012 at 4:47 a.m.
        Recommended101
   
        The Wifely Person
        St. Paul, MN
    NYT Pick

    Hello? Am I missing some covert action here? What exactly did Justice Roberts do to garner all this praise?

    As you wrote, Mr. Friedman, "To put it another way, Roberts undertook an act of statesmanship for the national good by being willing to anger his own “constituency” on a very big question. But he also did what judges should do: leave the big political questions to the politicians."

    That's hardly statesmanship; he did nothing more than his job the way his job was designed to be done. In fact, he left the door _wide open_ for the HCA to be challenged in Congress, and it probably will be.

    I would only urge the Congresspeople who want to revisit the HCA with the intent to overturn provide the American people with a firm sign of their distaste for subsidized medicine by waiving their right to use the Congressional health insurance plan; they must show us their receipts for plans they have purchased as regular individuals from insurance companies, along with their certificates of eligibility.

    Wouldn't that be fair?

    http://wifelyperson.blogspot.com/
        July 1, 2012 at 4:41 a.m.
        Recommended62
   
   
    craig geary
        redlands, FL
    NYT Pick

    "Black Man Gets the Worst Job in America", the Onion.

    The year before the president took office $13 Trillion of American wealth evaporated. There were two ridiculous unfunded wars and draining occupations going on.
    He has saved the economy, got bin Laden, ended Iraq, is ending Aghanistan and passed healthcare reform.
    You may call this small ball.
    This VietNam veteran is proud of our President. He is a class act, a self made man. Many times the only adult in the room.
    He has accomplished more, for the betterment of the country and our people, and the world than all twenty of the miserable, bankrupting, criminal years known as ReaganBushBush.
        July 1, 2012 at 8:52 a.m.
        Recommended61