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November 23, 2008

Obama's No-Drama Pick for Treasury: Tim Geithner

Various news outlets are reporting that on Monday, Barack Obama will announce his pick for Treasury secretary: Tim Geithner.

Compared to the other leading contender, Larry Summers, a former Clinton Treasury secretary, Geithner, the president of the New York Federal Reserve, is relatively unknown. Geithner is a career economist (with no Ph.D.)--no Wall Street master of the universe--who has worked in three administrations for presidents of both parties. He's been described as not an imposing figure, but a rather competent and steady person. Which may be why the Dow Jones shot up after word of his appointment leaked. (Take that, Hank Paulson!)

In March, Financial Times published a profile of Geithner. Some interesting bits:



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Amateur Video Taken Inside Somalia's "Pirate Town" of Eyl

This footage, taken from CNN, is interesting purely for voyeuristic reasons. Where do these Somali pirates come from? To where do they return when their pirating is done? The town of Eyl in Somalia's Puntland region is believed to be a prime operating base of Somalia's pirate class, a place where virtually everyone is involved in some way in the plundering of commercial ships passing through the Gulf of Aden. Not much happens in this video (and by that I mean, like, nothing), but never has a lonely, windswept walk along a dirt road seemed so fascinating. Take a look.




US Embassy Guard Suspended After Anti-Obama Comments

An American working as a security guard at the US embassy in London has been fired following comments he made on his website about President-elect Obama. Those comments, according to the Guardian, included:

"… ideals that are the very cornerstone of American liberty and democracy could very well become an ephemeral memory of American history under the socialist leadership of the incumbent Barrack Obama.
"… The real question of concern, now that Obama is the president-elect, is what promises have Obama's camp given in return to these socialist, communist, fascist and terrorist supporting nations and special interest groups? Such accolades and endorsements do not come easy in this nuclear age."

The decision to let the guard go appears to have been made jointly by the American diplomats at the embassy and the Wales-based company that employed him. Not sure how I feel about this. Employees of the federal government don't owe their fealty to the president, they just have to work their hardest for him. I understand how high-level civil servants and political appointees would be let go if they weren't on the same page as the president. They exist to implement his vision. But low-level employees, in my opinion anyway, should be allowed to have a wide range of opinions on their leadership, just as everyday Americans do.

The difference here may be that the man works in security, and his comments call into question whether or not he can be trusted to keep the American embassy, which is functionally on extension of Barack Obama on foreign soil, safe.




Consequences of Gay Marriage, Illustrated

Speaking of things that are falsely hyped as bringing about the apocalypse, here's a graphical representation of gay marriage's ramifications. Enjoy.

gaymarriage.gif

From GraphJam via Andrew.




The War on the War on Christmas Kicks Off With Biggest Logical Leap of the Year

henninger-santa-hat.jpg It's that time of year again. From now until December 26, expect over-the-top proclamations from your favorite conservative hacks about how our inability to say the words "Merry Christmas" is a sign of this country's imminent downfall. And it's not just our culture that suffers because of our overzealous political correctness, says Wall Street Journal columnist Daniel Henninger. In the most absurd (and least substantiated) logical leap of the year, he claims our economy is being destroyed as well.

"And so it will come to pass once again that many people will spend four weeks biting on tongues lest they say "Merry Christmas" and perchance, give offense. Christmas, the holiday that dare not speak its name.
"This year we celebrate the desacralized "holidays" amid what is for many unprecedented economic ruin — fortunes halved, jobs lost, homes foreclosed. People wonder, What happened? One man's theory: A nation whose people can't say "Merry Christmas" is a nation capable of ruining its own economy."

Yup. It has nothing to do with the government's financial overseers being asleep at the switch, or a decades-long conservative push for deregulation, or even the greed of lenders who gave out bad loans in order to make millions and Wall Street types who created financial instruments they could not understand in order to make billions. Nope. The stock market is tumbling, unemployment is growing, and people across America are feeling the pinch at their kitchen tables because your local Target has a "Happy Holidays" banner out front.

You aren't getting away with it any longer, Target. Daniel Henninger has exposed your scam. Angry mobs are coming to your locations to scrawl "Merry Christmas" over your "desacralized" signs, and then everyone will feel better and start buying TiVos and the economy will be great again.




The Young Turks Illustrate Progressives' Web Video Dominance

My piece out today on frustrated internet activists in the Republican Party begins with a story from Michael Turk, a conservative activist who ran the eCampaign division at the RNC after the 2004 presidential election. In short, the RNC killed an exciting opportunity for web video just as it began to get some coverage because it badly misunderstood the conventions of the genre. (See the piece for more detail.) That episode presaged the current state of affairs. Four years later, Barack Obama used and is using web video as one of many technological tools to reach out to hundreds of thousands of his supporters, while John McCain had a lackluster YouTube channel and generated little excitement around his web operations.

But it isn't just Obama who is capitalizing on the power of web video. It's the left more generally. Consider The Young Turks. A radio show originally on Air America and now on XM satellite radio, The Young Turks has been broadcasting on the web since the pre-YouTube era. Now that it operates a YouTube channel, it is absolutely killing the game. Just this week the channel passed 50 million views, with 32.4 million views coming in a period that maps with the election cycle (January to October 2008). By comparison, the John McCain YouTube channel has just 25.7 million views in its lifetime.

A progressive satellite radio show did better traffic online than the Republican presidential candidate. The Republican activists that I spoke with have a seriously uphill battle.




Judge Orders Five Guantanamo Detainees Freed

After hearing the Bush administration's evidence for holding six Algerians as enemy combatants at Guantanamo Bay, a federal judge appointed by the first President Bush and who had been expected to be sympathetic to the government, sided with the defense and ordered the government to free five of the six men. The New York Times reports:

After the first hearing on the government’s evidence for holding detainees at the Guantánamo Bay detention camp, a federal judge ruled on Thursday that five of the prisoners are not being lawfully held and ordered their release.
The case, involving six Algerians detained in Bosnia in 2001, was an important test of the Bush administration’s detention policies, which critics have long argued swept up innocent men and low-level foot soldiers along with high-level and hardened terrorists.
The hearings for the Algerian men, in which all evidence was heard in proceedings closed to the public, were the first in which the Department of Justice presented its full justification for holding specific detainees since the Supreme Court ruled in June that Guantánamo detainees have a constitutional right to contest their imprisonment in habeas corpus suits.
Ruling from the bench, Judge Richard J. Leon of Federal District Court in Washington said that the information gathered on the men had been sufficient to hold them for intelligence purposes, but was not strong enough in court.

Even more notable, the judge issued an appeal to the government, asking that it not appeal his decision that five of the six were not enemy combatants. He told the government that it would be able to make all its legal arguments when the defense makes it appeal concerning the one detainee whom the judge ruled did qualify as an enemy combatant. In other words, the judge, not exactly a jurist most predisposed toward the defense, emotionally requested that the government let these five fellows, who were detained in the first place under suspicious circumstances, go after many years of unjustified imprisonment.




The Iraq "Surge" Is Working, But Will It Be Enough?

850896175_3596eb5365.jpg

The Fund For Peace has released its eighth in a series of reports about the progress (or lack thereof) of the US occupation of Iraq. The "surge," says the report (.pdf), has been successful at reducing violence, but "a false sense of security is emerging" that this alone will be enough to set Iraq on the course to long-term stability.

Analysts and journalists everywhere seem to have bought into the Bush administration's line that things are looking up—a view reflected in John McCain's campaign claim that we are "on a path to victory." General David Petraeus, however, has been more cautious in his assessment, describing the emerging peace in Iraq as "fragile" and "reversible." This is closer to the truth, say the report's authors.

Yes, violent deaths are down, but not even close to what we'd expect in a functioning civil society. The "surge" has reduced killings by 80 percent over the past year, but even at current levels, 800 people continue to die each month from political violence. "Putting this into a comparative context," the reports reads, "this means that nearly as many people were dying violently in four to five months in post-surge Iraq as had died in three decades of civil conflict in Northern Ireland."

And whatever sense of security Iraqis may enjoy, at least compared with a year ago, remains somewhat fragile—and primarily an outgrowth of the ferocious ethnic cleansing that occurred in Iraqi cities and towns before the "surge" began. Today, Iraqis live highly segregated communities, divided by ethnicity and religion. According to an August 2008 poll, 74 percent of Iraqis said they felt safe at home. But outside of their segregated neighborhoods, only 37 percent felt that way... and fewer still, just 31 percent, agreed that today's Iraq could be described as "stable."


Photo used under a Creative Commons license from Army.mil.




Think You Can Run the Minnesota Recount? Here's a Test

Minnesota Public Radio has been photographing ballots in the Franken/Coleman Senate recount to illustrate just how hard it is to determine voter intent. What do you do, for example, when someone votes for Franken but also writes in "Lizard People"? What do you do when someone votes for Franken, but then draws an arrow to the Coleman circle? What do you do when someone doesn't mark a circle, but puts a scribble next to one of the candidates' names? Take a look for yourself here, and vote on whether each ballot should count here. (You know who could run this recount? David Corn. He has experience from Florida in 2000.)




Victory on Capitol Hill: Waxman Takes House Energy Committee

henry-waxman250x200.jpg Huge news. Great news. Michigan Representative John Dingell, who has spent over 50 years in the House of Representatives being the auto industry's babysitter, has lost his position as chairman of the House Energy and Commerce Committee to the younger and more liberal Henry Waxman. The House Democratic caucus voted by secret ballot this morning. Members had a choice between voting for seniority or the possibility of bold and necessary action on climate change. They made the right choice, 137-122.




Who's Really Calling The Shots on The Economic Bailout?

The Project on Government Oversight (POGO), a non-partisan watchdog group that advocates transparency and accountability in Washington, today fired off a letter to leaders of a half dozen relevant House and Senate committees, requesting more information on how lawmakers decided to approve the $700-billion economic bailout package. Danielle Brian, POGO's executive director, complained of a "continued lack of openness concerning the government's response" to the financial crisis and urged Congress to ensure that appropriate safeguards are put in place to prevent fraud and abuse.

From the letter:

We take no position on the merits of the various actions over recent months to address the crisis. However, Congress needs to act now to ensure that the ongoing expenditures of billions—even trillions—of the taxpayers' funds are subjected to extraordinary scrutiny.
Too few questions are being asked about the how, and even the why, behind these enormous undertakings. Even when questions do get raised, as at recent hearings, numerous important questions go unanswered. This issue is so critical we feel compelled to urge you to demand those answers, either directly from policymakers and recipients of these taxpayer funds, or through your own independent investigations.
At this writing, nearly half of the $700 billion appropriated under the Troubled Assets Relief Program (TARP) has gone out the Treasury's door with little openness. The public needs to know how the beneficiaries of their tax funds are chosen, how conflicts of interest are guarded against, and whether the integrity of the process has been assured...
Our overriding concern is the utter lack of information about who is making critical decisions involving untold billions of taxpayer dollars. It is not clear how banks or other institutions are chosen to be bailed out or allowed to fail. It is a mystery to us and to the public why one industry is favored and another is left to suffer. We are at a loss to understand how particular companies or institutions within particular industries are blessed and others are not. Irrespective of whether the decisions are made by political appointees, career employees, or Members of Congress, the decision-making process has been a nearly perfect black box.



Right-Wing Paranoia About an Obama Supreme Court

The conservative legal powerhouse, the Federalist Society, is holding its annual convention in Washington this week. In past years, the group has had smug gatherings highlighting all of its many members who've been installed in lifetime appointments to the federal judiciary and into other top government jobs. It's crowning moment: the confirmation of longtime member Samuel Alito to the Supreme Court.

This year, though, the right-wing scholars and judges headlining the events seem a bit more subdued. Barack Obama has put a huge brake on their quest to remake the federal courts into bastions of conservative legal thought (and dashed the career plans of a new generation of conservative lawyers). Among the rank and file this morning, talk revolved around fear of the direction the Supreme Court might take under an Obama administration. There was wild speculation that Obama would be replacing moderate liberals like John Paul Stevens (who was actually appointed by Gerald Ford), with "radical leftists."




Are There Any Subprime Saints?

What's the difference between a subprime a-hole and a subprime saint? Intent.

One focuses on maximum, nation-crushing profit, the other on providing merely profitable, nation-building services.

Check out Slate for subprime lenders to the working poor and minorities who have late-payment/default rates so low as to be insignificant.

Comparisons such as these alone should provide sufficient bases for thoroughgoing prosecutions once Obama is in power.




Throw the Bums Out (of Detroit)

private_jet.jpg Let's say you're three auto industry executives summoned to Washington to explain why you deserve billions of dollars in taxpayer money. You and your cronies have mismanaged your industry for years, but luckily for you and unluckily for the country too many parts of the economy rely on your continued existence. You watched AIG executives get strafed in the media for throwing lavish corporate retreats (with spa trips!) just after taking bailout funds. You know the public is hyper-sensitive to signs of waste, because middle class Americans are struggling to get by and it's their money you're seeking.

So what do you do? You take separate private jets from Detroit to Washington. You take three flights at an estimated cost of $20,000 each, despite the fact that coach flights are available for under $300 and first class flights are available for under $1,000.

You spend $60,000 when you could have spent $900. And then you go to Congress with your hand out.

Jesus H. Christ. Bailout funds for the industry should be contingent on new leadership taking over and old leadership being put in stocks.




Holder's DC Legacy: Not Much

Eric Holder seems poised to sail smoothly into a historic appointment: the first African American attorney general of the United States. He brings to the job everything you might want in the nation's top prosecutor: decades of experience working in the department he will oversee, with a special emphasis on prosecuting corrupt public officials; service as a local DC judge, and a temperament nearly as cool as Obama's. The only possible hitch in his ascension to AG is his role in Bill Clinton's pardon of financier Marc Rich, who was once married to a Clinton donor.

Given Holder's otherwise squeaky-clean reputation and a democratic Congress, that minor hiccup isn't likely to slow him down. What might give some members of Congress pause, however, is Holder's record as US Attorney for the District of Columbia during the Clinton administration. If Democrats are looking for a crusader to clean house at the Justice Department and elsewhere in the federal government, Holder might not be their man.




Hillary - 234; Jesus - 23; Chuck Norris - 2

Via Ben Smith, a tally of the write-in votes in Duval County, Florida:

234 HILARY CLINTON
174 RON PAUL
23 NONE OF THE ABOVE
23 JESUS
21 MIKE HUCKABEE
14 MITT ROMNEY
8 COLIN POWELL
6 GOD
4 OBAMA
4 RUDY GIULLIANI
4 STEVEN COLBERT
3 DONALD DUCK
3 DONALD FOY
3 MICKEY MOUSE
3 T. BOONE PICKENS
2 BILL COSBY
2 CHUCK NORRIS
2 CONDOLEEZA RICE
2 LOU DOBBS
2 PAGO POSSUM
2 SARAH PALIN
2 SEANATOR BROWNBACK

Those receiving one vote included Alfred E. Newman, Bill Clinton, Florida State football coach Bobby Bowden, Oprah, Joe the Plumber, Willie Nelson, and "Me."




We're All Paying for Alberto Gonzales

McClatchy reports the Justice Department will foot the bill for a private attorney to defend former Attorney General Alberto Gonzales against charges—brought by a former DOJ official, of all people—that he politicized hiring and firing within the department during his stint as the Feds' top litigator.

Even though an attorney from the DOJ's civil division could have represented Gonzales, he requested the department pay double for a private attorney:

According to a person with knowledge of the case, the Justice Department has imposed a limit of $200 an hour or $24,000 a month on attorneys' fees. Top Justice Department attorneys generally earn no more than $100 per hour.

So, basically, the taxpayers are bailing out a man who oversaw a department that completely undermined its own credibility and objectivity by actively seeking to tear the blindfold from justice. I want to call it ironic, but epic farce describes it better. —Steve Aquino




Obama's First Drama: Hillary Clinton

obama_clinton_faces250x200.jpg I was agnostic on the matter of Hillary Clinton's possible appointment as secretary of state--until last night.

If Barack Obama, the president-elect, wanted to pull a Team of Rivals play, that had seemed fine to me. And placing Clinton in Foggy Bottom would remove her from the dicey business of passing health care reform. Would it unite the party? Well, judging from the election results, the party is pretty darn united already. Despite the griping of a few Hillaryites at the Democratic convention, her voters certainly swung behind Obama in the general election (see Pennsylvania), after HRC and WJC campaigned for BHO in the fall. Unless an explicit deal was made between Obama and Hillary Clinton, it did not seem that Obama, after bypassing her for veep, had to appoint her anything for the party's sake. Still, if Obama and his savvy band of advisers thought that handing her one of the best jobs in the Cabinet would generate political benefits they could use to advance their agenda, I, as a non-fan of Hillary Clinton, was willing to say, okay--for what that was worth.

But then this happened: the presidential transition of no-drama Obama became infected by the never-ending soap opera of the Clintons. And it really is time to turn that program off. There are plenty of policy and political reasons for a progressive not to fancy Hillary. She served on the Wal-Mart board when the mega-firm was fighting unions; she screwed up health care reform for almost a generation; she voted wrong on the Iraq war and then refused to acknowledge she had erred. But, worst of all, as the cliché goes, with the Clintons, it always does seem to be about the Clintons.

So we've had a week of will-she-or-won't-she and what-about-him. Couldn't this have been handled with a little more grace? Maybe not, since it involves the Clintons.

I don't know how the Obama camp approached the issue. But before Obama met last week with Hillary to talk about this, his team should have done a pre-vetting of Bill. And then Obama, at this meeting, ought to have said something like this to her:




Dick Cheney Is Not Going to Prison

Dick Cheney and Alberto Gonzales have been indicted by a grand jury for illegal detention practices! Time for some celebratory terrorist fist jabs!

Not so fast, champ. Cheney and Gonzales have been indicted in a South Texas county, and it has nothing to do with Gitmo, Abu Ghraib, or black sites. Cheney was indicted because he invests in the Vanguard Group, which holds financial interests in private prison companies that run holding pens for illegal immigrants in South Texas. (This is a booming business in the Lone Star state; we've written about it before.) Gonzales was indicted because he allegedly used his position while in office to stop a 2006 investigation into abuses at one of these privately-run prisons.

Conditions at these places are pretty awful, but that doesn't mean Cheney and Gonzales should somehow end up in jail. The always-delightful Will Bunch gives us all the reasons:

Dick Cheney is not going to jail, not any time soon, at least, and not because of the bizarre report that the vice president of the United States has been indicted in a small, obscure county deep in the heart of South Texas in a scandal over federal prison and detention abuses there. Aside from the obvious fact that a Willacy County, Texas, grand jury lacks authority over federal actions, the indictment of Cheney, former Attorney General Alberto Gonzales and other is not even signed by a judge, and the result of a wacky -- controversial wouldn't do the man justice -- renegade lame duck DA. It's almost not even worth noting that Cheney's alleged tie -- investing his millions in Vanguard mutual funds that are major owners of publicly traded federal prison contractors -- is weak beyond belief; by the grand jury's reasoning, one could surmise that others with Vanguard 401K plans (example: journalists at the Philadelphia Daily News and Inquirer!) could be charged as well.

The lesson? You shouldn't give a law degree to just anybody. This prosecutor and Alberto Gonzales both prove that.




No Recount in Alaska Senate Race (Probably)

You probably know by now that Anchorage mayor Mark Begich, a Democrat, will be the next senator from Alaska. Ted Stevens (R-Felonies), the longest-serving Republican in the Senate, will now spend his time mulling over legal options.

What you may not know is that a recount is not in the offing. According to Alaska law, if the difference in the vote is less than 0.5 percent, the defeated candidate can request a state-funded recount. With just a couple thousand votes left to count, Begich has 150,728 votes and Stevens has 147,004 votes. That's 47.76 percent to 46.58 percent, a 1.18 percent difference.

Alaska law does allow a recount if the margin is larger than 0.5 percent, but the candidate requesting the recount must cover the expense. No word yet if Stevens is considering it. The AP and the Anchorage Daily News are calling the race over, and the state of Alaska will follow suit this week or the next.




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