Month: March 2015

Quote of the Day

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As anti-worker as Reagan was, however, he continued to praise unions and their vital contribution to America. Ronald Reagan would be unable to win a Republican primary in any state in 2015 because he supported the right of workers to organize and bargain collectively. That is how extreme his Party has become.

—William K. Black On Scott Walkers batsh%$ insane statements comparing labor unions and ISIS.

I think that Ronald Reagan was determined to muzzle labor unions, and condemn them to irrelevancy, but he felt the need from a political perspective to throw some empty rhetorical flourishes their way even as he knifed them in the back.

These days, you cannot win a primary campaign in the Republican party doing the same.  The demand for “red meat”is too strong.

Seriously, Pocket Change and a Meaningless Probation?

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David Petraeus has pled guilty to to leaking top secret information, and his deal includes a two point “enhancement” for obstructing justice by lying to the FBI, and the DoJ is asking foir a $40,000.oo fine and 2 years probation:

………DOJ quietly announced it had reached a plea deal with former CIA Director David Petraeus for leaking Top Secret/Secure Compartmented Information materials to his mistress, Paula Broadwell.
Among the materials in the eight “Black Books” Petraeus shared with Broadwell were:

…classified information regarding the identities of covert officers, war strategy, intelligence capabilities and mechanisms, diplomatic discussions, quotes and deliberative discussions from high-level National Security Council meetings, and defendant DAVID HOWELL PETRAEUS’s discussions with the President of the United States of America.

The Black Books contained national defense information, including Top Secret/SCI and code word information.

Petraeus kept those Black Books full of code word information including covert identities and conversations with the President “in a rucksack up there somewhere.”

Petreaus retained those Black Books after he signed his debriefing agreement upon leaving DOD, in which he attested “I give my assurance that there is no classified material in my possession, custody, or control at this time.” He kept those Black Books in an unlocked desk drawer.

For mishandling some of the most important secrets the nation has, Petraeus will plead guilty to a misdemeanor. Petraeus, now an employee of a top private equity firm, will be fined $40,000 and serve two years of probation.

He will not, however, be asked to plead guilty at all for lying to FBI investigators. In an interview on October 26, 2012, he told the FBI,

(a) he had never provided any classified information to his biographer, and (b) he had never facilitated the provision of classified information to his biographer.

This is a guy whose record seems to be more of an exercise in self-promotion than anything else, and it’s pretty clear that he deliberately mishandled classified information because he wanted to help his girl friend, and it also clear that he lied to the FBI with the specific intent of obstructing an investigation, and the Department of Justice doesn’t want any jail time.

I hope that the judge goes a bit further than the Department of Justice.

Headline of the Day

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DEA Warns of Stoned Rabbits if Utah Passes Medical Marijuana.

The dead enders in the drug prohibition industry have become increasingly shrill as the rest of the population realizes that prison works to fight drug use like gasoline puts out fires.

The story gets even weirder:

Utah is considering a bill that would allow patients with certain debilitating conditions to be treated with edible forms of marijuana. If the bill passes, the state’s wildlife may “cultivate a taste” for the plant, lose their fear of humans, and basically be high all the time. That’s according to testimony presented to a Utah Senate panel (time stamp 58:00) last week by an agent of the Drug Enforcement Administration.

“I deal in facts. I deal in science,” said special agent Matt Fairbanks, who’s been working in the state for a decade. He is member of the “marijuana eradication” team in Utah. Some of his colleagues in Georgia recently achieved notoriety by raiding a retiree’s garden and seizing a number of okra plants

.(emphasis original)

Illegal pot growing does constitute an environmental issue, frequently the farms contribute to erosion, and apply various agricultural chemicals to excess, but stoned bunny rabbits?

Seriously?

I think that this “Reefer Madness” bullsh%$ needs to be called out.

I will note that the Utah senate panel went with sanity, as opposed to the, “Think of the poor bunnies,” claptrap, and passed the bill along to the state senate.

This is Significant

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Donald Trump spoke at CPAC, and he was booed when he called for ground troops in Iraq to fight ISIS:

In the same question and answer period with Sean Hannity, he [Trump] embarrassed himself yet again when he outlined his strategy to fight ISIS, which was nothing more than “he’d hit them really hard.” With what? We don’t know, but when he supported sending ground troops against ISIS, the crowd turned on him.

Hannity: A, to stop Iran’s nuclear program and B, to defeat ISIS, cause I don’t hear say degrade them, I hear you say defeat them.

Trump: Defeat. Well, with ISIS, I’d just hit them really hard and that would probably and a year ago you wouldn’t have said it and nobody wouldn’t have likes it, you may have to have some boots on the ground for a period of time until you’re rid of the cancer. (boos) That’s number one, you may have to have it Look, they’re cutting off the heads of people, they’re burning at the stake, It’s like we’re living in medieval times.

(emphasis original)

Unfortunately, the video has been deleted by the user, but the fact that the crowd at CPAC, who have pretty much defined themselves as the wingnuts of wingnuts, have come to the conclusion that the John McCain school of foreign policy is without merit is significant.

If the war forever has lost the CPAC crowd, they have lost the nation.

Why Scott Walker Said Something Batsh%$ Insane………

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At CPAC, Scott Walker implied that union activists and the terrorist group ISIS are equivalent:

At the Conservative Political Action Conference on Thursday, Wisconsin Governor Scott Walker drew a comparison between Islamic State militants and the Wisconsin union protesters with whom he has repeatedly clashed since 2011.

In response to a question about how he would deal with global threats such as the one posed by ISIS, Walker drew from his personal experience.

“If I can take on a 100,000 protesters, I can do the same across the world,” Walker said on the CPAC stage, after giving a longer answer about how he would handle ISIS if he were the president.

Rather unsurprisingly, Democratic firebrand Senator condemned the comments.

Rather more surprising is the fact that he was condemned on the (web) pages of the reactionary mouthpiece The National Review:

But former Texas Gov. Rick Perry quickly criticized Walker’s remarks. And NRO’s Jim Geraghty was appalled:

That is a terrible response. First, taking on a bunch of protesters is not comparably difficult to taking on a Caliphate with sympathizers and terrorists around the globe, and saying so suggests Walker doesn’t quite understand the complexity of the challenge from ISIS and its allied groups.

Secondly, it is insulting to the protesters, a group I take no pleasure in defending. The protesters in Wisconsin, so furiously angry over Walker’s reforms and disruptive to the procedures of passing laws, earned plenty of legitimate criticism. But they’re not ISIS. They’re not beheading innocent people. They’re Americans, and as much as we may find their ideas, worldview, and perspective spectacularly wrongheaded, they don’t deserve to be compared to murderous terrorists.

No one should be shocked by Walker’s statement.  Statements like this are a required part of running for office as a Republican, particularly for Presidential candidates.

There is a cultural imperative among Republicans to troll liberals/Democrats.

When a Republican candidate says something that makes non-Republican heads explode, it is seen as an independent good by the base.

The issue these days is that each time a Republican tries to make liberal heads explode, the bar keeps getting moved further down the road toward “to crazy even for Republicans”, and these days the line is pretty narrow.

It’s stupid, it’s immature, and it is exceedingly juvenile, but that is today’s Republican party in a nut shell.

Quote of the Day

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It’s Easier to Get Laid at CPAC Than on Spring Break

—Sam Brode at Mother Jones

To be fair, this is true of almost all conferences, and political conferences of all sorts are reputed to have sexual activities that make Woodstock look like a revival meeting.

So, it is no surprise that the Conservative Political Action Conference (CPAC) would be the site of some fairy enthusiastic “after parties.

Still, it is a great quote.

It’s Bank Failure Friday!!! (on Sunday)

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And here they are, ordered, and numbered for the year so far.

  1. Doral Bank En Espanol, San Juan, PR

Full FDIC list

I’m not sure how much this bears on banking for the rest of the US.

I am vaguely aware of issues with the Puerto Rican economy, particularly with regard to their budget and debt service for their state owned enterprises.

So, here is the graph pr0n with last few years numbers for comparison (FDIC only):