Year: 2010

Oh, For Pete’s Sake!!!!

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Well, I’m listening to Olbermann, and Barack Hoover, or maybe it’s Herbert Obama, I’m not sure which, is suggesting his latest bold initiative: A domestic spending freeze, which means that, with inflation, it’s a domestic spending cut.

So, is actually trying to screw up the economy and get a Republican House, Senate and White House in 2012?

Unemployment is still rising, and he’s so eager to pander to Republicans, who would hate him even if he were white, that he’s determined to play Herbert Hoover, and cut the budget in the middle of a recession.

I’m beginning to think that he’s actually Mitch McConnell’s evil twin.

[on edit]


Original Courtesy of Quentin Tarantino, with typography by mdaisey

This has been confirmed by the Washington Post, and Maddow had White House advisor Jared Bernstein on, he said that they won’t freez/cut everything, just the bad and wasteful stuff ………… During a recession……… With unemployment still climbing ……………

And they are going to be able to separate the wheat from the chaff because it works so f%$#ing well in Congress today.

Seriously, I have to evoke Samuel Jackson from pulp fiction again, because the idea that they will “only” cut the wasteful stuff projects the idea that they are trying to f%$# me like a bitch because they think that I am stupid.

Hell, it’s an insult to the intelligence of Sarah Palin.

Olbermann vs. Stewart

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Jon Stewart called out Keith Olbermann, complete with a Special Comment style rant, and to his credit, Keith Olbermann included the whole bit in his broadcast, and replied, “You’re right, I’ve been a little over the top lately………Sorry.“

I count it as manning up, though his one complaint, that he wants to be interviewed by Stewart, is completely legitimate. It would be a lot of fun.

(8:18)

What the Hell is it With South Carolina

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First they start the Civil War, then there is the entire Confederate flag thing, which is followed by the Governor who makes the phrase, “hiking the Appalachian Trail,” suspect, and now we have their Lieutenant Governor, and candidate for Governor calling for a eugenic program to exterminate poor people:

GREENVILLE – Lt. Gov. Andre Bauer has compared giving people government assistance to “feeding stray animals.”

Bauer, who is running for the Republican nomination for governor, made his remarks during a town hall meeting in Fountain Inn that included state lawmakers and about 115 residents.

“My grandmother was not a highly educated woman, but she told me as a small child to quit feeding stray animals. You know why? Because they breed. You’re facilitating the problem if you give an animal or a person ample food supply. They will reproduce, especially ones that don’t think too much further than that. And so what you’ve got to do is you’ve got to curtail that type of behavior. They don’t know any better,” Bauer said.

In South Carolina, 58 percent of students participate in the free and reduced-price lunch program.

I know Southerners of all stripes, and whether they are young or old, or conservative or liberal, they are generally very offended by what they see as the insinuation that Southerners are somehow stupid as a people.

They are correct, of course, there are some stupid people in any group that you define.

That being said, electing Andre Bauer to any office, including dog catcher or head of the PTA, would tend to reinforce that unfortunate stereotype.

Tefillin of Mass Destruction

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Click for full size


You shall bind them as a sign on your hand, and they shall be as frontlets between your eyes

—Deuteronomy 6:8

So a plane was diverted to Philadelphia on a New York to Kentucky flight because of concerns of the straps and boxes that a Jewish Teen was wearing as he prayed:

Jewish teen’s prayers spark airliner scare
Flight is diverted after religious item is mistaken for a bomb, police say

updated 9:18 a.m. ET, Fri., Jan. 22, 2010

PHILADELPHIA – A Jewish teenager trying to pray on a New York-to-Kentucky flight caused a scare Thursday when he pulled out a set of small boxes containing holy scrolls, leading the captain to divert the flight to Philadelphia, where the commuter plane was greeted by police, bomb-sniffing dogs and federal agents.

The 17-year-old on US Airways Express Flight 3079 was using tefillin, a set of small boxes containing biblical passages that are attached to leather straps, Philadelphia police Lt. Frank Vanore said.

You know, the guy wearing Tefillin is among the people least likely to be an Islamic bomber.

Now This is An Interesting Phenomenon

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The Dallas, TX alternate weekly, the Dallas Observer, has the story of a guy with hundreds of thousands of dollars in debt from the collapse of the real estate bubble (and short sighted greed, but I repeat myself) who is now earning money by suing debt collectors who contact him and forget to cross their “i”s and dot their “t”s:

………

He [Craig Cunningham of Northeast Dallas ] leans forward to lift some paperwork out of a plastic tub on the coffee table. The phone rings, and he answers with a soft voice. It’s just a friend, and soon he hangs up. He’s waiting for a particular type of phone call—one from a representative of a debt collection agency or a credit card company, whom he’ll try to ensnare like a Venus fly trap. It’s not unlikely that Cunningham’s next call will be from a bill collector, since he’s between jobs—except for being in the Army Reserve—and owes $100,000 in debts.

While most Americans with unpaid bills dread the collector’s call, Cunningham sees them as lucrative opportunities. Many collection and credit card companies, intentionally or not, violate little-known consumer rights laws, and Cunningham’s favorite pastime is catching them doing so and then suing them. In fact, it’s a profitable side job.

Call it ironic, but the only house on the block that appears to be the foreclosed end to some sad financial story is in fact the home of one of the debt collection industry’s emerging and persistent threats. Cunningham calls himself a private attorney general—someone who files private lawsuits in the public interest. Debt collectors call him a credit terrorist.

………

I do not think that he is a terrorist, but I do think that Mr. Cunningham is a slime, not because he’s using the small print to make money from, and avoid debt, that is, after all, the game, but because he went and used things like student loans in his attempts to juice his credit score [go to the full article] in an attempt to become wealthy without really working.

I know that some would argue that becoming wealthy without work or other productive activity is the American way, but it’s slimy, and if it is the American way, then the American way over the past 30 years has become slimy and parasitic.

The way that he gets money is that the the Fair Debt Collection Practices Act (FDCPA), the Fair Credit Reporting Act (FCRA) and the Telephone Consumer Protection Act (TCPA), which forbid debt collectors from violating federal or state laws, and provides for statutory damages for each instance, so if a collector threatens to garnish wages in Texas, where it is illegal, they are liable, even if the caller is in Butte Montana or Bangalore, India.

So, for example, when a collection agency started leaving pre-recorded messages on his mobile, a violation of the, and refused to stop when he asked, while refusing to show that the bill (a tiny Comcast bill), both violations of the TCPA and FDCPA, and the collection agency has

CMI has countersued Cunningham, and even asked the court for a protective order from Cunningham: “Plaintiff Craig Cunningham (herein “Plaintiff”) has filed suit against a business, Credit Management, LP (herein “CMI”), and twenty-seven (27) of its employees in their individual capacities,” reads the motion for a protective order filed in Northern District of Texas in December 2009. “Defendants move for a protective order to protect Defendants from the annoyance, oppression, undue burden and expense of objecting and responding to improper, repetitive and irrelevant discovery requests.”

In December, Cunningham was called in for a six-hour deposition, the longest he’s ever sat through, at which the lawyers printed out pages of his online comments to accuse him of acting like a lawyer. Plus, CMI insists that they didn’t violate any laws and that Cunningham is acting in bad faith. Although the company already offered Cunningham money to settle the case, Cunningham refused, asking for much more than the “industry standard,” as Cunningham calls it, of $3,500.

“If they don’t pay a bunch of money, if they don’t feel pain, they will not change,” he says.

A big win in his case against CMI could go a long way toward clearing Cunningham’s debts—if he ever chose to pay them, that is.

“I took outsize risks, and I got burned,” he says. “When myself and some other fellow small investors were losing their assets, nobody cared.”

Up until now, everything was about making easy money for Cunningham. Now, it’s about justice—or at least what he sees as justice.

He’s right about that point: All those people who scream about how the small print, and the rule of law, matter for the small debtor, seem to think that it’s somehow evil to expect large debtor and their agents.

I see courts being more amenable to claims like Cunningham’s in the future, and that is not a bad thing.

H/t The Big Picture.

US Military 1 – Jesus 0

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Picture h/t Dating Jesus

Remember Trijicon, the company that was busy painting targets on the back of our troops in Iraq and Afghanistan included references to Christian bible verses on the optical sites (don’t call them sniper scopes) that are being used by our troops in Iraq and Afghanistan?

Well, while the Army may have downplayed the importance, the Marine Corps, made it clear that these markings would materially effect their current and future contracts, and so the “Scopes for Jesus” company has agreed to stop engraving the bible references, as well as providing tools to remove the references on their existing sights:

Trijicon, the gunsight maker that has imprinted Bible verse numbers on its scopes, has announced that it will no longer imprint the verses on the sides of scopes intended for the U.S. military, and will also provide clients with the kits to remove the Bible verse numbers from existing scopes.

An ABC News report earlier this week revealed that the Michigan-based company, which has a contract to provide up to 800,000 scopes to the U.S. military, prints references to New Testament chapters and verses in code next to the model numbers of its scopes. The scopes are used by the U.S. Marine Corps and Army in Iraq and Afghanistan, and by U.S. allies in those countries, and for the training of Afghan and Iraqi troops.

There now, that wasn’t so hard, was it.

My original post on this.

Dances With TSA

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I’m sitting in Philadelphia waiting for the flight to Boston, and I thought that I would relate my experience with airport security.

It was a surprisingly smooth experience, despite the fact that they pulled my bag for further inspection.

The 7 day yartzheit (memorial candle) is a 3″ x 14″cylinder, so I can see how the X-ray machine operator flagged it for further scrutiny.

Still, the whole process, show my ID (honest, officer, I look better in person) and bording pass, take off shoes, put shoes, keys, etc. in bin, put bin and bag through the X-ray machine, grab my stuff, put on my shoes, open my case, show the candle, let the TSA guy wipe my stuff with a “sniffer”, and repacking my case only took about 15 minutes.

I can’t complain.

Economics Update (For the Week)

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Well, it’s “Jobless Thursday”, as Atrios is wont to say, and it ain’t a good Thursday, with initial claims up 36,000 to 482,000 and hitting a 2 month high, the 4-week moving average up 7,000 to 448,250, though continuing claims fell by 18K to 4,599,000.

Additionally, the Philadelphia Federal Reserve Bank’s business activity index fell from 22.5 to 15.2, which still indicates growth, positive numbers indicate growth, but might show that the stimulus package is running out of steam.

Also, it looks like finances may be catching up with the bank, with Citi reporting a loss for the year on a horrible 3rd quarter, and Bank of America posted a large loss, largely as a result of its eagerness to pay off the TARP so that it could go back to overpaying its incompetent executives, while Morgan Stanley misses its earning estimate, though it still turned a profit.

I had kind of figured that a lot of the obscene profits earlier in the year were the result of rearranging deck chairs, and I think that the 4th quarter results give credence to this view.

Note that these numbers were turning worse even as consumer defaults were falling.

BTW, in the UK, we are seeing journalists running around like chickens with their heads cut off over the recent spike in consumer prices, up to a 2.9% annual rate.

Kind of silly when you think about it.

US inflation seems well in check, with the
Producer Price Index for up 0.2% in December,

In real estate, home builder confidence fell in January, but the Architecture Billings Index was up slightly, though still below 50, indicating further contraction.

The jump in building applications, would seem to indicate improvements in the real estate market, but the FHA is increasing premiums and tightening loan standards, which may deflate the balloon.

The FHA really does not have a choice. Their balance sheet is a complete mess.

I Can’t Believe That I am Saying This

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This is Cindy McCain In a Pro-Gay Marriage Ad

But, I offer my support and congratulations to Cindy McCain, yes, that Cindy McCain, John McCain’s wife:

Sen. John McCain’s wife Cindy McCain is the newest face of a pro-gay marriage campaign.

Posing with tape over her mouth and a “NOH8” logo on her face, Cindy McCain was photographed for the NOH8 Campaign, which protests Proposition 8, the California proposition passed in 2008 banning same-sex marriage. The proposition is currently being challenged in federal court.

McCain approached the campaign herself about her participation, the NOH8 Web site says. She has spoken out on behalf of gay rights before, though this is perhaps her most prominent show of support for the issue.

Now that she realizes that John McCain will never be President, she’s doing the right thing.

Better late than never.

(A big of meta: I am not using my “John Sidney McCain III” tag because Cindy is more than just an extension of her husband.)

House of Representatives to Senate: Drop Dead

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House Liberals are manning up and have told Nancy Pelosi that they will not vote for the Senate bill. Period, full stop:

In a private meeting in the Capitol just now, a dozen or more House liberals bluntly told Nancy Pelosi that there was no chance that they would vote to pass the Senate bill in its current form — making it all but certain that House Dems won’t opt for this approach, a top House liberal tells me.

“We cannot support the Senate bill — period,” is the message that liberals delivered to the Speaker, Dem Rep Raul Grijalva told me in an interview just now.

Some had hoped Pelosi would push liberals to get in line behind this approach, in hopes of expediting reform, but that didn’t appear to happen in this meeting. Pelosi mostly listened, Grijalva said, adding: “We didn’t get any declarative statement from her.”

You know, coddling Lieberman, Nelson, Lincoln, etc. and sh%$ing on the liberals, in both the House and the Senate can only take you so far.

Notwithstanding the protestations of beltway boyz wannabees like Steve Benen, Matthew Yglesias, and Kevin Drum, it’s not the liberals who are at risk.

They have a coherent system of beliefs, and they can honestly sell their decisions, as opposed to the Blue Dog and New Dems, who keep saying how we have to protect the insurance companies, and the liberals generally come from safer districts anyway.

One of the things that people forget about 1994 is that it was the Conservadems who got voted out.

Damn

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Air America has shut down.

At least Rachael Maddow and Ed Schultz still have day jobs.

It’s not the message, as much as it was that management sucked, at least that how it appeared to me, though I was never in a market for the network.

Full statement after the break:

It is with the greatest regret, on behalf of our Board, that we must announce that Air America Media is ceasing its live programming operations as of this afternoon, and that the Company will file soon under Chapter 7 of the Bankruptcy Code to carry out an orderly winding-down of the business.

The very difficult economic environment has had a significant impact on Air America’s business. This past year has seen a “perfect storm” in the media industry generally. National and local advertising revenues have fallen drastically, causing many media companies nationwide to fold or seek bankruptcy protection. From large to small, recent bankruptcies like Citadel Broadcasting and closures like that of the industry’s long-time trade publication Radio and Records have signaled that these are very difficult and rapidly changing times.

Those companies that remain are facing audience fragmentation as a result of new media technologies, are often saddled with crushing debt, and have generally found it difficult to obtain operating or investment capital from traditional sources of funding. In this climate, our painstaking search for new investors has come close several times right up into this week, but ultimately fell short of success.

With radio industry ad revenues down for 10 consecutive quarters, and reportedly off 21% in 2009, signs of improvement have consisted of hoping things will be less bad. And though Internet/new media revenues are projected to grow, our expanding online efforts face the same monetization and profitability challenges in the short term confronting the Web operations of most media companies

When Air America Radio launched in April, 2004 with already-known personalities like Al Franken and then-unknown future stars like Rachel Maddow, it was the only full-time progressive voice in the mainstream broadcast media world. At a critical time in our nation’s history — when dissent on issues such as the Iraq war were often denounced as “un-American” — Air America and its talented team helped millions of Americans remember the importance of compelling discussion about the most pivotal events and decisions of our generation.

Through some 100 radio outlets nationwide, Air America helped build a new sense of purpose and determination among American progressives. With this revival, the progressive movement made major gains in the 2006 mid-term elections and, more recently, in the election of President Barack Obama and a strongly Democratic Congress.

Laws have changed for the better thanks to this revival…..but all the same our company cannot escape the laws of economics. So we intend a rapid, orderly closure over the next few days. All current employees will be paid through today, January 21. A severance package will be offered tomorrow to full-time current employees with more than six months of tenure.

We will strive to assist affiliates and partners in achieving a smooth transition. Starting at 6 pm EST today, we will provide our affiliates, listeners and users a selection of encore programming until 9 pm EST on Monday, January 25, at which time Air America programming will end.

We are proud that Air America’s mission lives on through the words and actions of so many former radio hosts who are active today in progressive causes and media nationwide. In the years ahead, as we look back, we should all be proud of our passionate determination to assure that our nation’s progressive voice would be heard loud and clear. Through the hard work and dedication of current staff, and those who preceded you, a lasting legacy was forged which will now continue through other voices and venues.

Thank you.