Monday, April 27, 2009

Blogorama: Of Free Speech and Miracles


When I first started writing, there was no internet and thus no blogging, and thus no everyday opportunity to opinionate--or bloviate, as the case may be. If we were lucky, our opinions would be published in our local newspaper's "Letters to the Editor", and we would be thrilled to see ourselves in print. If we were really lucky, we might secure a space on the Op-Ed page and actually get paid a few dollars a column to write about anything that popped into our wee little heads.

I did that for a few years, and while I worked hard at it and was every bit as passionate about the world around me as I am now, the chance for any meaningful readership numbers was about as slim as my chance to win the PowerBall.

Still, I wrote--and gave it all I had.

Now I write here, not out of any sense of ego or authority, but because I have something to say and I can do it for free on the World Wide Web. That's a concept that's pretty astonishing. (Okay, there may be a bit of ego--let's face it, how could it be otherwise? But I claim no authority.)

The downside to this freedom to bloviate is that the WWW is an equal opportunity monster of humungous proportions. A jillion people can set up a jillion blogs and do the same thing I'm doing right here, right now. I'm exquisitely aware that to be one in a jillion is to be nothing at all. A mere speck in the sands of exaltation.

But still I write--and give it all I have.

The upside of creating a blog, besides the obvious one of writing your heart out with the knowledge that you'll be "published", no matter what, is that you soon find yourself in amongst a community of like-minded bloggers who will pay attention to your blog if you'll pay attention to theirs.

As pathetic as that may sound, it's actually a terrific system, leading to all manner of serendipitous discoveries.

I "met" one such blogger by reading her comment on another blog, which I discovered when that blogger commented on mine. I went to her blog (Preserve, Protect and Defend) and commented on her comment and now she occasionally comments on mine, while I do the same on hers. She calls herself "Two Crows", which is fine with me. I don't need to know her real name to appreciate her writing. The point is, I never would have found her if not for the intricate, intertwining paths of the blogosphere.

Robert Reich has what he calls his "personal journal" through Blogspot. I was thrilled to find it, because he writes the way I would want to write if I had the talent, and more times than not I get to shout "Amen" while I'm reading him. But more important, he's using the exact same template that I chose for my blog. His is spare and elegant and at the same time welcoming--the perfect showcase for his words--while mine. . .well, you'll just have to take my word for it that we started out on the same page.

But the reason I bring any of this up is because I still haven't gotten over an extraordinary, spontaneous happening last week among the TPM Cafe bloggers on Talking Points Memo. I'm a blogger newbie on that site, so I have no real history there. I don't know any of the bloggers well yet, but I liked what I saw there from the first day I found the site.

One blogger in particular--dickday--stood out because he was funny and so very clever--a kind of modern day chronicler of deliciously skewed Arthurian legend. He commented on a couple of my blogs and was incredibly kind and welcoming. I was nervous as hell to be among such smart people so I latched onto one of them--dickday--and followed him wherever he went.

Last week his regular posts just stopped. So did his always amusing comments. I vaguely wondered where he was but I didn't pay too much attention. Everybody understands that blogging can be every day or it can be sporadic. Apparently with dickday, it had come to be a regular event, almost like clockwork, and his followers were worried.

Then began a search the likes of which we've never seen since Stanley went looking for Livingstone.

After a day or so of scurrying around, someone finally heard from him. His computer had crashed and he was sending a feeble message from the wilds of his local library. dickday without a World Wide quill. Unthinkable! But money was tight and using the library as his home base was out of the question.

That's when the Cafe bloggers went into action. Within minutes (or so it seemed) someone had come up with the idea to find dickday a computer. Within a few more minutes someone offered a perfectly good CPU. Before long a PayPal fund was set up for donations toward the necessary extras, things were packed and shipped and someone who lived a few hours away volunteered to go over and set it up. The entire thing was a marvel in efficiency--Whoosh! Things happened.

But what was breathtaking to me was the caring, the concern, the compassion. I honestly have never seen anything like it in all my years on forums anywhere. So, I'm hoping they won't mind (because I and a few others were hesitant at first to make this so public), but this is my tribute to those folks who took it upon themselves to honor someone they have never met, and who did it with such extreme joy and such absolute good will.

Times are tough and it's easy to be cynical about the world we live in and the people we meet along the way. This was good. It was so good. If it doesn't qualify as a true miracle, it's probably as close as I'll ever get to seeing one.

Bravo to those good folks. May they ever keep joy in their hearts and a penny in their pockets. And may dickday get those fingers tapping and tell us a tale for the times.

(cross-posted at Talking Points Memo here)

Wednesday, April 15, 2009

The Myth of the 2nd Amendment: Shoot the damn thing already!

The federal system for tracking gun sales, crafted over the years to avoid infringements on Second Amendment rights, makes it difficult to spot suspicious trends quickly and to identify people buying for smugglers, law enforcement officials say. As a result, in some states along the Southwest border where firearms are lightly regulated, gun smugglers can evade detection for months or years. In Texas, New Mexico and Arizona, dealers can sell an unlimited number of rifles to anyone with a driver’s license and a clean criminal record without reporting the sales to the government.
James C. McKinley, JR - NYT 4/14/09
_________________________________

We are a country of laws. When you look around you, it's obvious that that's not an overstatement. Everywhere we go, we're expected to follow the law.

When we cross the street, we can't cross on a red light. It's against the law.

We can't cross that street, even with the light, naked as a jay bird. It's against the law.

We can't take an orange off of the vendor's stand, no matter how juicy that orange or how out there for the taking it appears to be. It's against the law.

We can't get in our car and drive it without first understanding the rules of the road, and then obtaining licenses for both the car and the driver. It's against the law.

In each of those instances, our rights and privileges haven't been infringed by the laws that affect them. We understand that laws are necessary to maintain a sane society. We live with laws every day of our lives.

So why the hell has this entire country been hornswoggled into believing that we can own, shoot and sell guns (that's GUNS--"shoot your eye out" at the least, lethal weapons always and eternally) without licensing or regulation?

What kind of NRA wizardry has taken hold when it comes to any logical restrictions on guns? How have we come to this, where we, once again, turn a blind eye to what's in our best interests and let gun nuts, of all people, hold us in their sway?

Yes, gun nuts. I live in the north woods, where guns and gun people are everywhere. Many if not most of the hunters we know are members of the NRA. In our day-to-day dealings they seem perfectly normal, but I can't get past the growing evidence that anyone who supports and defends the right to own guns without licensing or regulations has gone beyond nutty.

The gun people we know aren't "nuts" in the sense that they're out there picketing with signs saying "Obama, don't take our guns away". They're not that dumb. But sooner or later, in order for us to survive as a civilized society, they're going to have to give up following the NRA like little lost lambs and begin thinking for themselves.

The National Rifle Association, with their blind devotion to a lawless gun culture, has become the enemy as surely as if they were standing on our borders passing out heavy artillery to anyone with cash in hand. Their members--millions strong--are constantly, incessantly, being bombarded with dangerous faulty logic. They defend the supposed Second Amendment "right" to bear arms without feeling any accompanying obligation to defend the rights of the society in which they live.

As enraging as the New York Times article ("The U.S Stymied as Guns Flow to Mexican Cartels") was this morning, I can't say it was either enlightening or even startling. Everything in it has been out there before. But it is disheartening. How many times do these same outrageous, wholly un-American facts have to be reported before we finally say, "Enough"?

Consider this from the NYT article:
Federal agents say about 90 percent of the 12,000 pistols and rifles the Mexican authorities recovered from drug dealers last year and asked to be traced came from dealers in the United States, most of them in Texas and Arizona.
The Mexican foreign minister, Patricia Espinosa, in talking with reporters recently, accused the United States of violating its international treaty obligations by allowing guns to flow into the hands of organized crime groups in Mexico.
But law enforcement officials on this side of the border say the legal hurdles to making cases against smugglers remain high.
“Guns are legal to possess in this country,” said William J. Hoover, the assistant director for operations of the federal firearms agency. “If you stop me between the dealer and the border, I am still legal, because I can possess those guns.”

Fine. "Possess" the damn guns. But regulate them, for God's sake! License the hell out of them. Keep records on who owns them, who sells them, who buys them. Make new laws, make them stick, and throw the bastards in jail if they violate those laws.

And if all that happens--guess what? Nobody's rights will be violated. Lawful gun folks will get to keep their weapons. Fun will be had by all.

We can't keep ignoring the effects of our ridiculously lax gun laws. Here's a snip from another NYT story by McKinley, entitled "U.S. is Arms Bazaar for Mexican Cartels", published on February 26:
Drug gangs seek out guns in the United States because the gun-control laws are far tougher in Mexico. Mexican civilians must get approval from the military to buy guns and they cannot own large-caliber rifles or high-powered pistols, which are considered military weapons.
The ease with which Mr. Iknadosian [owner of X-Caliber Guns in Phoenix] and two other men transported weapons to Mexico over a two-year period illustrates just how difficult it is to stop the illicit trade, law enforcement officials here say.
The gun laws in the United States allow the sale of multiple military-style rifles to American citizens without reporting the sales to the government, and the Mexicans search relatively few cars and trucks going south across their border.
What is more, the sheer volume of licensed dealers — more than 6,600 along the border alone, many of them operating out of their houses — makes policing them a tall order. Currently the A.T.F. has about 200 agents assigned to the task.

It's not just the Mexican drug cartels who are finding it easy to get guns in the U.S, thanks to the NRA. This is from a California Progress Report article by Bill Cavala on unregulated gun shows in Nevada:
70% of the dealers at the Nevada gun shows lacked Federal Firearms licenses.
Nevada does not require background checks or that records be kept on private party sales at gun shows – unlike California.
At least two dozen “straw” purchases – firearms bought by one person but intended for another “prohibited” purchaser – were observed.

California lawmakers – aware of this problem – moved to regulate its gun shows several years ago.
But in States like Nevada, the N.R.A. has been successful in blocking similar efforts. The result is that criminals evade California gun shows to make their purchases where the N.R.A. actions protect them.
(Bill Cavala was a professor at U.C Berkeley in the 1970s, and has been actively involved in progressive politics every since. Take a minute to read the comments at the end of his article. The gun nut vultures are constantly out there circling and attacking any effort to "infringe" their phony rights. All that energy, all that stupidity. Leave it to them to use it to undermine our citizen rights of protection against the gun nuts.)

So when will this craziness end? When is a gun nut more than just a nut? Who will make the NRA see the light? What has happened to our America? How many more articles have to be written before we Americans get up in arms--so to speak?


Thursday, April 2, 2009

From Carolina to Michigan: Not so far apart


In an odd juxtaposition that would mean nothing to anybody but me, I’m packing up to leave South Carolina, the state with the second worst unemployment, to go back to Michigan, the only state in the land that has it worse.

The difference between the two states is really and truly the difference between night and day. Here in South Carolina, for example, I’m looking out at palm trees and camellias and feeling a soft, warm breeze coming through the doorwall.

When I get back home to upper Michigan, where we live for the other nine months of the year, I’ll find three-foot snow banks and not a hint of green grass anywhere. It’ll be weeks before we’ll even see crocuses.

Unemployment is a huge problem in both states, for very different reasons, but the biggest difference is in how these two states are governed. In Michigan, we have Democratic governor Jennifer Granholm, an untiring, unwavering advocate for the workers in her state. Michigan’s economy is based on industry first, tourism second. So when manufacturing goes by the wayside, as it has in the past decade or more, our economy slides downward, with no end in sight.

As I noted in an earlier post, Governor Granholm has been out there beating the bushes, looking for funding to help the people of our state. She’s not above begging if she has to, because she feels Michigan’s future is worth whatever it takes.

In South Carolina--a beautiful state with pockets of grinding poverty--tourism is the top game. The mountains, the beaches and the golf courses are a huge draw. When times are good, business people down here are in Hog Heaven, what with all the high living going on. But when times are bad--really bad, as they are now--the fun comes to a screeching halt and the purveyors are left high and dry.

The only way out, odious as it is to some, is to let the Feds come to the rescue. They're the only ones with a cavalry big enough to take on this mess. But Mark Sanford, governor of South Carolina, is barricading himself inside his plantation, yelling for those Damn Yankees to keep away.

He is one of a handful of governors--all Republican--who took a stand against the only rescue in sight, the stimulus plan. All of a sudden those same Republicans who were happy revelers during the Bush years, when rampant, raging capitalism came into full bloom, have now seen the light (Yea, verily, have seen the LIGHT). Now, when times are about as bad as they can get, they're ready to cut the cord, to tighten the belts, to put the troops on a diet of bread and water.

If Sanford is concerned with the condition of his state and the numbers of unemployed workers, he has a funny way of showing it. So where are the workers on this? How do they feel? Will they ever gain their voices and speak up?

Your pride, South Carolinians, is not in turning down what Sanford says is a government handout with strings. Your pride is in recognizing a chance to rise up from poverty and become an asset to America, where we're all working together to make this country strong again.

Ramona

Saturday, March 28, 2009

Dr. B to the Super Rich: When will you be rich enough?

. . .The huge bonuses over the last decade or so skimmed off about 300 billion dollars into private pockets. Now what can those people do with that money? How many yachts can you own? How many homes can you own? How many planes can you own? It's that level of income which could, I think, make a contribution to class solidarity rather than be the cause of class hatred and social hatred, [and] Class warfare, eventually.
Dr. Zbiginiew Brzeznski, Morning Joe, March 26, 2009


One day last week I woke up to a bit of remarkable television--and it was on "Morning Joe". Seriously. If, before I turned on the TV, Joe was his usual puffy-chested, when-I-was-in-congress blowhard, I missed it. If Mika was her usual schizo hand-wringing, sorry-for-even-existing, here-comes-tough-mommy self, I didn't see it. If Jim Cramer did a freaky voodoo dance (he was a guest that morning), I didn't see that, either.

What I saw was Dr. Zbiginiew Brzeznski--Mika's father--giving the clearest, harshest, most insightful lecture to the super rich I've ever even dreamed of witnessing. (Mika makes no bones about the fact that he is the most intimidating figure she's ever known. Yes, I could see that. But the thing is--he's on our side. I love that about him. Even though he'd scare me to death, too.)

The most amazing thing about the segment with Zbiginiew--among many amazing things--is that it went on for over 17 minutes with barely an interruption. He began by talking about Iran, Afghanistan and Pakistan (interesting stuff there, too) and then, at about 7:26 on the video, Joe changed the subject by saying, "Dr. Brzeznski, you've talked about the danger of runaway populism. (Eds note: ???) Some mocked you. Over the past two weeks we've seen your predictions unfold, from Capitol Hill to Wall Street to Main Street."




That was it. Joe shut up and let Dr. Brzeznski talk. (Remember when Zbig called Joe "stunningly superficial" a while back? That might have been why.)

"There is a growing anger in this country," Dr B said, "a growing sense of resentment. There is a feeling of fundamental unfairness. . .We saw a list of people who have made more than a billion dollars in one year. A billion is a thousand million. Can you imagine making more than a thousand million a year? And how were most of those funds made? They didn't make them by creating new jobs, building new factories, making new technological innovations which then cumulatively enriched America. They made it by complex financial transactions which few people understand. Which, in effect, just sort of swooshed off money into private pockets. . .It's almost like a huge national ponzi scheme."

Here I thought I heard some slight whimpers of protest, but the good doctor was on a roll:
"Now, what gets me really is in this situation of anger and resentment and the growing risk of class hatred, no one from the private sector has stepped forward and said 'Let's organize a national solidarity fund in which the people who made so much money. . .money which is difficult to understand and to even justify, [should] contribute, to help, to pull us together'. The taxpayers are contributing. The president has urged us to pull this together, and we're doing it. You're doing it, I'm doing it, and a lot of much poorer people than us are doing it.
Where are the rich people who have made hundreds of millions, thousands of millions in some cases? Why don't they step forward? We have the names of some who are returning the bonuses; what about the others who are not?
There should be social pressure and if some major figures from the public sector with great reputations who have made a lot of money but who are generous in philanthropy stood forward. . .maybe there would be a movement to do something about social rehabilitation, social reconciliation, social solidarity. I think this is very much needed."

(Did you see the CEOs coming out of the White House meeting yesterday? What was the one thing they all said they agreed on with the president? "We're all in this together." Something tells me either Zbigniew was in the room with them or the specter of Zbigniew was in the room.)

Finally, Jim Kramer spoke--softly, a little petulantly, with head down though not in full kowtow position. He said, " . . .These hedge fund managers who made money are- a lot of them grew up regular, normal people who grew up in America and managed to just win big. We don't want to discourage people from winning big who are from normal origins, who are not silver spoon people."

To which Dr B., refraining admirably from slapping the little wanker upside the head, said, "Well, that's fair but. . .there's also a limit to what 'win big' really means in a society in which there are still a lot of people who are very poor--who are not winning big but losing much. Do you really need billions of dollars to be happy? What can you do with them? At some point it seems to me that social responsibility comes to play. . ."

He talked almost non-stop on the subject, without commercial interruption, for over 10 minutes. He pointed out the obvious: "If you made 500 million dollars and you gave away 250, I think you would still be left with enough to enjoy. The point is, there has to be some demonstrable response to this sense of crisis today from the rich people, rather than have them hide, or hire security guards, or insist that they stay anonymous."

Mike Barnicle came in then, and told a poignant story about the mill town in Massachusetts where he grew up . He talked about the "big winners\ who had more or less raped that town and other towns like it":
"Made millions for themselves, and yet the factories that they bought and sold that enriched them are now closed. They didn't build any new factories. They didn't create any new jobs. They left behind the skeletal remains of a city that was once vibrant and they've moved on to their big billion dollar salaries and this, I think, is part of the Bunsen burner, the fuel that is igniting this incipient class warfare in America."
It wasn't because the town had gone bad or the workers didn't work. It wasn't because people didn't pray hard enough or sing loudly enough. It wasn't a case of "tried but failed". It was because those lousy SOBs rode into town with premeditated plunder on their minds. (This is not Barnicle talking. This is me interpreting what I saw on his face and heard in his voice.)

There was much more, of course. I've probably already violated some copyright law by transcribing almost word for word a large portion of this conversation. (I'm doing it mainly for those who still have slow dial-up. They can't watch those streaming videos without having to wander off for a fortnight or two until the damn things finally reach the end.)

When Dr. Brzeznski was finished, I had visions of  the Morning Bunch finally getting with it, bursting into "Hoo Rahs", doing fist bumps and cheers. They did rise up from their seats a little and made muffled noises of assent, but of course they couldn't let themselves go that far, considering who they are and what they've either advocated or ignored in the past.

Mika, bless her heart, had the final word after those long minutes of having to huddle in the shadow of her father's brilliance:  
"In America we don't think about--actually, I'm sorry, but there is a certain way of thinking--greed--put it on credit. We just don't think of--I'm sorry, we just don't think this way."

Is that priceless? Could you, in all honesty, turn it off after that?

Yeah, me too.

Wednesday, March 25, 2009

Watch out for Big Business Watching Out for You

After co-sponsoring the original labor bill in 2005, and wholeheartedly endorsing the Employee Free Choice Act in 2007 (the only Republican senator to do so), Arlen Specter has now reneged and will vote against it for what he wants us to believe are the purest of reasons:

"On the merits [of voting against the bill], the issue which has emerged at the top of the list for me is the elimination of the secret ballot which is the cornerstone of how contests are decided in a democratic society. The bill’s requirement for compulsory arbitration if an agreement is not reached within 120 days may subject the employer to a deal he or she cannot live with. Such arbitration runs contrary to the basic tenet of the Wagner Act for collective bargaining which makes the employer liable only for a deal he or she agrees to. The arbitration provision could be substantially improved by the last best offer procedure which would limit the arbitrator’s discretion and prompt the parties to move to more reasonable positions. "


This is phony. The secret ballot is the second step to voting in a union. The first step is getting 50% of the workforce to agree to holding an election. In most, if not all, instances that's done by signing cards indicating you either want or don't want to have a vote on union representation.

Specter says, "The problems of the recession make this a particularly bad time to enact Employees Free Choice legislation. Employers understandably complain that adding a burden would result in further job losses."

What burden? According to Specter and all the others who oppose the EFCA, it's not necessary anyway. Any employee group who wants a union is free to hold secret ballot elections now. That's true, isn't it?

No, it's not. Of course it's not. Employers can and do thwart any inclination to bring in unions. Specter talks about "intimidation" by those mythical union thugs who, if they knew your name, would come pounding on your door at all hours to get you to sign, but barely mentions the very real pressures employers put on their employees if even a hint of the word "union" wafts through their doors.

So a recession isn't a good time to be talking about forming unions. How about when times were good and Big Business was raking in the dough? When CEOs and COOS and stockholders were sitting on their satin cushions singing the praises of Free Market capitalism? When American jobs were being outsourced to third world countries, paying the lowest possible wages so that profits could go toward living the lavish life and not toward anything as mundane as sharing? Could they talk about forming unions then?

Let's get some real numbers in here. According to the Bureau of Labor Statistics, union membership in 2008 was a mere 12.4% of the workforce. Within that percentage, the union membership rate for public sector workers (36.8 percent) was substantially higher than the rate for private industry workers (7.6 percent).

So who is cheering the loudest now that Specter has caved? The Chamber of Commerce is positively giddy over it. So is the National Association of Manufacturers. And this is where it gets personal for me.

John Engler, former Republican governor of Michigan, is now the president of the National Association of Manufacturers. (They must feel like the Maytag repairman here in America)

This is what Engler said about Specter's decision: "I am very pleased that Senator Arlen Specter has decided to vote against cloture on the EFCA. EFCA is a flawed piece of legislation that will destroy jobs and prolong the current economic recession. Manufacturers stand behind Senator Specter's decision to vote against EFCA and appreciate this decision to put working men and women, the economy and the nation first."

Now, before you get all dewy-eyed about this, let me just warn you. I know John Engler and he's no FDR. He's no Warren Buffett, either. Trust me.

When John Engler was governor of Michigan, my Michigan, darkness fell across the villages in LiberalLand. We never had a chance. Reaganism, Big Business boosterism, and the nonsense called "Trickle Down" were still very much in vogue.

The governor's mission, at one point, (after he had already done away with poverty programs) was to kill any state funding for the Arts. The Arts are always the wretched stepchildren whenever belts need tightening (after programs for the poor, of course), and we should have seen it coming.

In the early 1990s I applied for and received a state grant to work on a lengthy writing project. I was thrilled beyond belief when my application was accepted, but foolish, foolish me. . .I completely forgot who we were dealing with. Most of the grantees--the smart ones--took their money and ran. Some of them chose to leave their grant money in the state's coffers until the next year, but I was one of those who chose to take half of the grant in one year and leave the other half for the next.

Even before the next year rolled around, Engler was already making noises about Arts excesses, and in spite of petitions and marches to the Capitol steps and pleas to our legislative and congressional leaders, any grant monies we were supposed to receive were taken away. Gone. For good.

We had contracts. We had it in writing. It was promised to us. And the contracts were not honored.

Now, that might not seem like such a sad story, given what is happening in Michigan today, but I offer it here as an example of how easily The Powers can ignore honorable contracts whenever they think they have the right.

We should know by now that without watchdogs, without binding equity, without the force of numbers, the masses in this country will never come out ahead. If the past eight to 12 years haven't shown us what happens when the Chamber of Commerce and all its attendant abettors run the show, I don't know what it's going to take to make it any clearer.

They'll get away with this phony attack against the unions and the EFCA if we let them. Big Business in America doesn't deserve even a moment of hesitation, of let-up now. Write your congresspeople, write our president, blog this issue to death. Do whatever it takes to send the message that American workers made this country and American workers deserve to share in the riches. It's so fundamental, it shouldn't even be an issue. So again I ask: How the hell did we let this happen? And when are we going to do something about it?

Ramona

Tuesday, March 24, 2009

Obama, It's Krugman. Please Pick Up

I'm usually the last one to panic when things go from haywire to havoc. I'm the one who's out there directing traffic, shushing, patting shoulders, plumping pillows, digging in my pockets for chocolate--whatever it takes.

I don't see the tunnel, I see the light at the end. If there's a rainbow in the sky, I'll look past the dark clouds and find it. Pollyanna and I are almost BFFs, for God's sake. But when I see a Nobel-laureate in Economics practically self-immolating on the White House lawn in order to be heard, I'm not just scared, I'm petrified.

I don't know if Paul Krugman is right when he says the White House is going about this banking debacle all wrong, and that we're near the edge of the Cliff of Doom. One misstep, he seems to be saying, and it's all over. He's not the only one saying it, of course. If he were, I might go back to singing my comfort songs and handing out bonbons.

There are two camps now, each of them filled with "experts", each of them plucking ideas out of thin air and calling them "solutions". Their voices are ringing across a battleground, over our heads. We hear them shouting in a strange, incomprehensible language: "TARP bailout" "Zombie banks", "toxic assets", "Cash for Trash". . .

We want at least one of them to come over to our side and give us a heads up. What the hell is going on? What's going to happen? Are we or aren't we doomed?

This was the week it all hit the fan. Lots of voices out there shouting messages to Obama, and Obama, strangely, answers back with his version of "Heck of a job, Brownie". On "60 Minutes" last Sunday there was this exchange with Steve Kroft:
    Kroft:Your Treasury Secretary, Tim Geithner, has been under a lot of pressure this week, and there have been people in Congress calling for his head. Have there been discussions in the White House about replacing him?
    President Obama: No.
    Kroft: Has he volunteered to or come to you and said, “Do you think I should step down?”
    President Obama: No, and he shouldn’t. And if he were to come to me, I’d say, “Sorry, buddy, you still got the job.” But look, he’s got a lot of stuff on his plate, and he is doing a terrific job. And I take responsibility for not, I think, having given him as much help as he needs.
That was wince-worthy and I was wincing. One of those could-come-back-to haunt sound bite traps that Obama should know better than to fall into .

On Monday Paul Krugman wrote a piece in the NYT called "Financial Policy Despair" He said, " If the reports are correct, Tim Geithner, the Treasury secretary, has persuaded President Obama to recycle Bush administration policy — specifically, the “cash for trash” plan proposed, then abandoned, six months ago by then-Treasury Secretary Henry Paulson. This is more than disappointing. In fact, it fills me with a sense of despair. "

That can't be good.

Non-economist Frank Rich wrote a column this week called "Has a 'Katrina Moment' arrived?". He said, "Bob Schieffer of CBS [asked Larry Summers] the simple question that has haunted the American public since the bailouts began last fall: “Do you know, Dr. Summers, what the banks have done with all of this money that has been funneled to them through these bailouts?” What followed was a monologue of evasion that, translated into English, amounted to: Not really, but you little folk needn’t worry about it. Yet even as Summers spoke, A.I.G. was belatedly confirming what he would not. "It has, in essence, been laundering its $170 billion in taxpayers’ money by paying off its reckless partners in gambling and greed, from Goldman Sachs and Citigroup on Wall Street to Société Générale and Deutsche Bank abroad."

(Money-laundering? Isn't that illegal?)

Even-handed Eugene Robinson--no economist, either, it must be said--doesn't think we've quite reached the cliff edge yet, but he's not ruling out the possibility. In the Washington Post today he wrote a column called, "The Repairman's Burden". He said, "Geithner's plan offers private investors the opportunity to reap relatively big gains by taking relatively small risks. Some of the risk is assumed by taxpayers. Christina Romer, head of the Council of Economic Advisers, said over the weekend that these private firms will be doing the government a favor by participating in the program. But that's wrong. Investors will participate because they think they can make money. The only entity that's doing anyone a favor -- make that doing everyone a favor -- is the government of the United States. "

Romer: "private firms doing the Government a favor". Are you thinking what I'm thinking?

When they're talking about billions and trillions they're talking way over my head. I barely understand the concept of millions. I don't understand economics, or banking, or bailouts, or almost anything to do with Big Money. But what I'm hearing these days is panic and frustration among the cognoscenti. They see things that we don't see, and we're counting on them to make sure we get this right.

Somebody has to have a handle on this crisis. So far, nobody does. I don't know about you, but I would feel a whole lot better if I knew that President Obama was at least willing to listen to those whose opinions differ from his chosen few. His Washington insider choices for top cabinet positions made little old me nervous right from the start. When the new "Change" president puts former Big Business people in charge of regulating Big Business, even the dumbest among us sees trouble ahead.

So give a little listen, Mr. President. It can't hurt. These are your friends, remember. They're all talking about you, anyway. Better to have them in front of you than behind your back.

Ramona

Sunday, March 22, 2009

Shades of Dr. Phil! Pop Psych at HuffPo, and AIG is the patient

Today is Sunday and I started my day by reading Frank Rich, Maureen Dowd, and Tom Friedman. They all talked about AIG and the current money crisis, and I have to say--the wheelings and dealings and sheer dollar amounts are so beyond me I don't even pretend to understand. I just take their superbly-written words for it. Those jackals screwed us, we let them, and now we're in so much trouble we may all have to go back to living in caves and foraging for food. It's scary, I tell you. . .

Then I moved over to the Huffington Post to see what they had to say about it all. (I started reading the HuffPo on its very first day online (before it became HuffPo), and I can almost always find something worthwhile to read there. I admit I cringed a little when they added an Entertainment section, and I absolutely hated their screaming Tabloid headlines last week when they reported hour-by-hour the latest on Natasha Richardson's skiing accident and subsequent death. Disgusting ("She is brain-dead!") and more than gagworthy.)

After reading that triad of truth-seekers , I was ready for bear. But I saw a headline for an article called, "How Corporate America can Earn Forgiveness and Rebuild Trust", and decided to take a little humor break before I went hunting again. Arianna often has comedians or humorists giving their takes on politics, and after that whole Jon Stewart thing in the last couple of weeks, I could hardly wait.

But here's the weird part. I think the guy who wrote this was serious!

I don't know the author, Mark Goulston, and again, I'm no expert, but after reading those NYT columnists I'm having a hard time making a connection between what those AIG crooks have done so far and the notion that they're now humbled enough to work on earning forgiveness and rebuilding trust.

But the good doctor (He's an MD) seems to think that if they will just follow his "Four Hs" and his "Four Rs" (We'll get to that) all will be well in Dizzyland and there will be no more need for tent cities or snaking unemployment lines. (He doesn't actually say that, but it's implied.)

He starts off like this: To err is human; To admit and accept complete responsibility for it, divine.

Really. That was "erring"?

He goes on:
"There is a way to repair the damage wrought by corporate transgressions. Be forewarned. This solution is not for the faint of heart or the uncommitted.
THE FOUR H'S: THE FALLOUT OF IMPROPRIETY & DECEIT
When a company, CEO or Board of Directors commits an unethical, if not immoral act, it triggers Four H's in investors, shareholders, employees, and the public at large:
  • HURT
  • HATE
  • HESITATION TO TRUST
  • HOLDING ON TO RESENTMENT"
Uh huh. But wait--the Good Doc has thought this all out and there's a solution. The Four Rs:
THE FOUR R'S: DAMAGE CONTROL AND HEALING THE PAIN

The corrective responses to the Four H's are the Four R's: Remorse, Restitution, Rehabilitation and Request for Forgiveness. If you are the CEO or part of the team responsible for guiding your company or industry through such a crisis, these are the steps you will need to take, (You is used to describe an individual, management team or company).
Remember now, he's writing this for all those execs who've conned, are conning and will continue to con. But there's apparently hope for them--which means there's hope for us. Here's what the Doctor ordered:
"Delivering the 3 R's of Remorse, Restitution and Rehabilitation may not prevent the injured from holding on to their resentment. If that's the case, you will need to exercise the 4th R -to Request Forgiveness. Make this request only after you have demonstrated a track record of remorse, restitution and rehabilitation for at least six months (and perhaps even as long as the length of the transgression). Forgiveness, like trust is something that must be earned. One hopeful point to keep in mind: If you demonstrate a solid track record of Remorse, Restitution and Rehabilitation, and then Request Forgiveness and are not forgiven, it is not you that is unforgivable. Your investors, shareholders and employees are unforgiving. You cannot control other's feelings. You can only be true to and control yourself."
Oh my God. "It is not you who is unforgivable"???

And NOW he tells them to control themselves. Where was he when all this was going on? Probably delivering homilies to Oscar the Grouch in hopes of turning a frown upside down.
This is pop psychology at the kindergarten level--the very reason we came up with "psychobabble" . Here is Dr. Goulston's last word to those naughty execs:
"Your ability to handle this crisis may be the lifesaver they've been reaching for, and the lift needed that will finally allow them to believe in you and more importantly to begin to believe in corporate America again."
Have you ever believed in Corporate America?  No, neither have I. So here's my last word: You want an "R"? I'll give you an "R". How about "Revenge"?

(The REST of this story: I tried to leave a comment at the bottom of Gouldston's article and it was rejected! I mentioned some of the same things I wrote about here, but I did it in a polite way. Really. I might have said "You've got to be kidding!" and maybe I mentioned "kindergarten stuff" and I think I might have sounded like I was scoffing a little, but is that reason enough to just delete me? I don't know what's going on over there at HuffPo. Who's running that show, anyway?  But I got a blog post out of it, which wouldn't have happened if I hadn't been--I'll just say it--rejected.)
 
Ramona

Friday, March 20, 2009

There's Chutzpah and Then There's A.I.G

"While the American International Group [AIG] comes under fire from Congress over executive bonuses, it is quietly fighting the federal government for the return of $306 million in tax payments, some related to deals that were conducted through offshore tax havens."

Lynnley Browning, NYT 3/19/09
______________________________
Can you believe this? I couldn't either, but there it is. I'm going to assume this wasn't just a figment of Lynnley Browning's imagination, because it did appear in the New York Times, but where else was it yesterday? Today? Nowhere to be found. I wasn't exactly glued to my television set, but I watched it enough to see plenty about President Obama's appearance on the Leno Show last night. Now there's some news.

AIG, that insurance company that turned out not to really insure anything; that company that is now almost wholly owned by the government (that's us--or so they tell us when they want us to pay for something); that same company that still wants to pay out $165,000,000 in bonuses because they're so good; yes that company--they now want--you ready for this? They want us to give back $306,000,000 because they think they overpaid their taxes!!

And (sputter, spit, stammer, scream. . .) they're not only suing us, they're expecting us--the taxpayers--to foot the bill for their. . .aarghh. . .lawsuit!! Against us!!!

Really. Here it is:

"A.I.G. sued the government last month in a bid to force it to return the payments, which stemmed in large part from its use of aggressive tax deals, some involving entities controlled by the company’s financial products unit in the Cayman Islands, Ireland, the Dutch Antilles and other offshore havens.

A.I.G. is effectively suing its majority owner, the government, which has an 80 percent stake and has poured nearly $200 billion into the insurer in a bid to avert its collapse and avoid troubling the global financial markets. The company is in effect asking for even more money, in the form of tax refunds. The suit also suggests that A.I.G. is spending taxpayer money to pursue its case, something it is legally entitled to do. Its initial claim was denied by the Internal Revenue Service last year."

Browning goes on: "United States tax law allows American companies to claim a credit for any taxes paid to a foreign government. But the I.R.S. denied A.I.G.’s refund claims in 2008, saying that it had improperly calculated the credits. The I.R.S. has identified so-called foreign tax-credit generators as an area of abuse that it is increasingly monitoring.

The remainder of A.I.G.’s claim, for $244 million, concerns net operating loss carry-backs, capital loss carry-backs, a general refund claim and claims for refunds of other tax-related payments that A.I.G. says it made to the I.R.S. but are now owed back. The claim also covers $119 million in penalties and interest that A.I.G. says it is due back from the government.

In part, A.I.G. says it overpaid its federal income taxes after a 2004 accounting scandal that caused it to restate its financial records. A.I.G. says in part that it is entitled to a refund of $33 million that SICO paid in 1997 as compensation to employees, which it now says should be characterized as a deductible expense."


(Hang on a second, I feel another scream coming on. . .)

"Asked about the lawsuit, Mark Herr, an A.I.G. spokesman, said Thursday that 'A.I.G. is taking this action to ensure that it is not required to pay more than its fair share of taxes.'"

Fair. Let's think about that word "fair". And that word "share". Then let's think about AIG. Do you see the connection? Neither do I.

So that's it. Nothing we can do. But before we say goodbye, let me just leave you with this:

Citigroup Plans Big Bonuses Despite Rules Against Them

This is what happens when you treat corporations like royalty. They actually begin to think they're entitled. And why not? The leaders of the land are their humble servants, and the rest of us are out there in the latrines with slop buckets.

I'm going to ask this, but I really don't expect an answer:
Where is the America that never would have allowed this to happen?

Ramona

Wednesday, March 18, 2009

Our Money? Since when?

Does anybody believe that the money we shell out in taxes is anything other than an absolute giveaway? Do I have control over it once it leaves my hands? No, I don't. Do you? The truth is, as much as we want to feel good when The Powers say, "This is your money. . ." or "We owe it to the taxpayers. . . ", it's nothing more than a soothing murmur, a perfunctory pat on the head, as they pocket it all and head for their far-off moated castles.

Make no mistake. We are not "partners" in this great country of ours. We're the serfs, the peasants, the "folk", and our sole function is to fill the coffers, to provide services and succor to the gentry--and to do it with no questions asked and great gushes of gratitude.

In the mid- to-latter part of the last century we, the people, had it pretty good. We made things--remember? A good portion of the working class brought home paychecks large enough to actually buy things without mortgaging their entire lives. Mothers could even be home with their children.

But then a plague called "Reaganomics" descended upon the land, and over the years the Robber Barons were given the gift that keeps on giving: Deregulation. Talk about glee! The Free markets shall reign! Long live the Free Marketeers!

But peasants, never fear--Reaganomics will be good for us. They've come up with something called "trickle down". Yes, the rich will get richer. Of course! But they're going to share. No really--they're Americans. They wouldn't sell us down the river. Or across the sea.

Remember that? Has the trickle gotten to you yet? Nope, me neither. I see gushers of gold going to the already monied, but nary a drop coming this way. Not even a shiny damp spot. None to be seen.

I'm going to skip over the dreaded Bush Years here. You already know what happened. Talk about your horrible nightmares come true. Longest eight years of my life. But we're on the other side now, and while I doubt we'll ever look back on any of it and laugh, even after all we've been through we were still able to muster enough energy to boot the thugs out and bring in a shiny-armored knight. That was good.

But the trouble with knights? When they remove all that glitter, underneath they're just--you or me. All the power, apparently, is in the heavy metal.

So today, when we peasants were hearing about $165,000,000 worth of bonuses paid or promised to executives who dragged their company, AIG, to the edge of the cliff, where we peasants, AKA taxpayers, threw out a safety net and rescued just this bunch alone to the tune of 170 billion dollars (We must have done it in our sleep because when we finally woke up whole storehouses full of money had disappeared), a cry went over the land that the shiny-armored knight is beginning to tarnish.

The re-birth of this nation is still in its infancy. The knights are just leaving the Round Table, getting ready to do battle. There are marauders all along the way, and let's face it--they're good at doing dastardly. They've had a lot of practice.

So get out the damned Tarn-X or whatever it takes. Shine up that suit. Wipe the mist from the man's eyes so he can see more clearly now. He's got promises to keep and daunting tasks ahead. And the peasants, in case you haven't noticed, are on the move.

(Any pigs at the trough? Your days are numbered. We mean it this time, so enjoy it while you can.)


Ramona

Monday, March 16, 2009

A contract is a contract--WHEN??

The real scandal of AIG isn't just that American taxpayers have so far committed $170 billion to the giant insurer because it is thought to be too big to fail -- the most money ever funneled to a single company by a government since the dawn of capitalism -- nor even that AIG's notoriously failing executives, at the very unit responsible for the catastrophic credit-default swaps at the very center of the debacle, are planning to give themselves over $100 million in bonuses. The scandal is that even at this late date, even in a new administration dedicated to doing it all differently, Americans still have so little say over what is happening with our money.
Robert Reich
here.




I'm going to make this short because I want to go off and think about that number, $170 BILLION.  I might have to get out my handy calculator again, but from right here, right now that looks like a whole hell of a lot of money.

I guess we're supposed to feel good about the $100 million worth of bonuses going to those needy, worthy AIG execs, since it's nowhere near $170 BILLION.

I guess we should all feel good about honoring contracts. After all, these same people have always been so good about honoring contracts with their workers. Doesn't Big Business enter into contracts with ALL workers? Don't they promise, at the hiring of those workers, that if they do their jobs they'll be entitled to job security, pay raises, reasonable benefits--and best of all, down the road, a bankable, safe retirement fund that'll take them happily and healthily into their Golden Years?

What? They don't? They haven't? I'm shocked.  I thought all those other figures--more than 600,000 workers losing jobs EVERY MONTH--were just more socialist propaganda.

Those unemployment lines? Pshaw! They're people who really don't want to work and would rather collect checks from the government. (See Erin Burnett's "maybe, possibly, some people say, let's look at China" here.)

Seven hundred out-of-work Americans standing in line for a handful of jobs? Grand-standers, actors even,  probably hired by the Democrats to make a pathetic point.

A Bailout LOAN for GM? Ridiculous! The unions must die. . .

But let's, in the name of all that's holy, save those CEO bonuses. We will not survive as a civilization without them. We can't let AIG fail!!

But wait. . .that was yesterday. This is today. Is there anybody today, besides Erin Burnett, who believes that taxpayers should be paying huge multi-million dollar bonuses to AIG execs? Erin, dearheart, was just on Morning Joe claiming that if AIG doesn't honor those contracts, they'll end up paying twice that amount to some upstanding businessmen in London who are obviously entitled. To which Mort Zuckerman, sitting on the set, said, Outrageous! It's a rogue operation in London. AIG should never have had dealings with them. (How come Erin didn't know that?)

So can we all agree now that if we're going to own 80% of AIG we should have a say in who gets what? Thank you. Now can we, the taxpayers, light a fire under our leaders and get them to do what they promised to do when we gave them all of the power?

I think we can. The calculator can wait. Those number are too big for my little mind, anyway. I'm going after my congressmen instead. I've got their numbers and I know how to use them.

Ramona