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Member since: Fri Sep 17, 2004, 02:59 PM
Number of posts: 67,334

Journal Archives

The Emperor Has Clothes.....

sorry, i probably should have posted a crack warning...http://editorialcartoonists.com/#top

Paul Krugman destroys arguments against Obama’s immigration plan

Paul Krugman destroys arguments against Obama’s immigration plan
23 NOV 2014 AT 05:08 ET


President Obama’s new immigration initiative, Krugman says, is “a simple matter of human decency.”

Krugman goes on to parse the issue, and to point out that supporting the humane treatment of children born in this country to undocumented immigrant parents is not the same as supporting completely open borders. Under F.D.R., he points out, “Once immigration restrictions were in place, and immigrants already here gained citizenship, this disenfranchised class at the bottom shrank rapidly, helping to create the political conditions for a stronger social safety net. And, yes, low-skill immigration probably has some depressing effect on wages, although the available evidence suggests that the effect is quite small.”

Yes, it is normal to be conflicted about immigration issues, Krugman allows. What is not normal is the desire to punish innocent children, who are already here, for their parents’ decision to bend the rules to give them a better life. Predictably, as we all know, there are far too many right-wing zealots and haters in politics and the media who are quite happy to exact this punishment. Krugman:

Who are we talking about? First, there are more than a million young people in this country who came — yes, illegally — as children and have lived here ever since. Second, there are large numbers of children who were born here — which makes them U.S. citizens, with all the same rights you and I have — but whose parents came illegally, and are legally subject to being deported.

What should we do about these people and their families? There are some forces in our political life who want us to bring out the iron fist — to seek out and deport young residents who weren’t born here but have never known another home, to seek out and deport the undocumented parents of American children and force those children either to go into exile or to fend for themselves.

Krugman gets downright sentimental about the issue, stating his belief that Americans are simply not “that cruel.” And anyway a crackdown on these families would cost money, which Republicans don’t want to spend. (One hopes.) The real question is how they should be treated, he asks. his answer is not only humane but economical.

Today’s immigrant children are tomorrow’s workers, taxpayers and neighbors. Condemning them to life in the shadows means that they will have less stable home lives than they should, be denied the opportunity to acquire skills and education, contribute less to the economy, and play a less positive role in society. Failure to act is just self-destructive.

But more importantly, it’s the humane thing to do.


Federal Reserve Admits To Keeping Bankers Out Of Jail

Federal Reserve Admits To Keeping Bankers Out Of Jail
by Richard Lyon

Ever since the financial crash of 2008 there has been a running controversy about the criminal responsibility of the executives of the major banks who had carefully constructed the house of cards that suddenly collapsed creating a chain reaction that created a global recession. When one looked at their elaborate schemes to create and peddle exotic securities that rested on junk debt, it was pretty difficult to swallow the line that nobody could have known that this would happen.

The Fed Just Acknowledged Its Too Big To Jail Policy

The federal government until recently shielded big banks from criminal prosecution out of concern that convictions may damage the financial system, a top Federal Reserve official said Friday, explicitly acknowledging a policy long denied by the Obama administration.

The admission came during a tense exchange between William Dudley, president of the Federal Reserve Bank of New York, and Sen. Sherrod Brown (D-Ohio) at a Senate Banking Committee hearing meant to explore the cozy relations between federal regulators and the banks they supervise.

Until May, large financial institutions investigated for wrongdoing had dodged criminal prosecution under the Obama administration, despite evidence from federal regulators and prosecutors showing that big banks had, for instance, laundered money for suspected terrorists and drug cartels; manipulated interest rate benchmarks; rigged various commodities markets; mislead investors in mortgage-linked securities; duped homeowners into taking out expensive mortgages; manipulated municipal debt markets; and broke state and federal rules when attempting to seize homes after borrowers fell behind on their payments, a scandal that became known as "robosigning."

Both Republican and Democratic lawmakers have long suspected that federal prosecutors didn’t pursue guilty pleas because they were afraid the consequences -- a potential unraveling of a giant bank -- would endanger the global economy. Attorney General Eric Holder suggested that was the case in March 2013, but quickly walked back his comments after a public outcry.



One of these is NOT like the other

Indianapolis newspaper alters, then deletes racist Thanksgiving cartoon following complaints

Gary Varvel cartoon original (Indy Star)

Gary Varvel edited cartoon (Indy Star)

LOL: answer here:

Journalistic Malpractice-Fox "News" story on House Benghazi report ignores the entire report

It's not news. It's Fox News:


First, take a look at how the Associated Press covered the House report on Benghazi released Friday. The AP's headline is "House intel panel debunks many Benghazi theories." What follows are the first three paragraphs of their article:

WASHINGTON (AP) — A two-year investigation by the Republican-controlled House Intelligence Committee has found that the CIA and the military acted properly in responding to the 2012 attack on a U.S. diplomatic compound in Benghazi, Libya, and asserted no wrongdoing by Obama administration appointees.

Debunking a series of persistent allegations hinting at dark conspiracies, the investigation of the politically charged incident determined that there was no intelligence failure, no delay in sending a CIA rescue team, no missed opportunity for a military rescue, and no evidence the CIA was covertly shipping arms from Libya to Syria.

In the immediate aftermath of the attack, intelligence about who carried it out and why was contradictory, the report found. That led Susan Rice, then U.S. ambassador to the United Nations, to inaccurately assert that the attack had evolved from a protest, when in fact there had been no protest. But it was intelligence analysts, not political appointees, who made the wrong call, the committee found. The report did not conclude that Rice or any other government official acted in bad faith or intentionally misled the American people.


How, exactly, did Fox News cover the House Benghazi report? Fox's headline is "CIA gathered intelligence on weapons to Syria: Benghazi report." What the hell does that even mean? That's not burying the lede. That's changing the lede into a word salad. Here are the first three paragraphs from the Fox News article online:

A leading Republican wants to expand the House investigation into the 2012 Benghazi terrorist attack by adding a Senate probe, as a new House Intelligence Committee report Friday concluded that the initial CIA assessment found no demonstrations prior to the assault and a primary purpose of the CIA operation in eastern Libya was to track the movement of weapons to Syria.

The report described the attack as "complex" with the attackers affiliated with Al Qaeda. It also said the initial CIA assessment concluded there were no demonstrations outside the State Department Consulate in Eastern Libya.

Referring to the House Select committee Chairman, and the Democratic ranking member, Sen. Lindsey Graham, R-SC, said the current House investigation should be expanded.

You can read the whole Fox story for yourselves. Nowhere in it does it say anything about the report's main findings regarding a lack of wrongdoing by the Administration or the State Department, as reported not only by the AP but by NPR, ("House Panel Finds 'No Intelligence Failure' Before Benghazi Attack", CNN ("Republican-led report debunks Benghazi theories and accusations", the Wall Street Journal ("House Report Finds No Attempt to Mislead Public Over Benghazi", and every other article on the report I could find. Oh, and Fox News' TV coverage of the report also ignored the report, unsurprisingly.

more, plus links:

NY Magazine: Republicans Hand Obama an Immigration Political Triumph

Immediately after the election, when John Boehner asked Obama to hold off on unilateral action, reporters asked if he would promise to bring an immigration bill to the House floor. He refused. A senior administration official pinpointed this as the moment when any chance of delay ended. For all the drama surrounding President Obama’s announcement that he would ease immigration enforcement, the decision was always a very easy one to make. It was not even a decision Obama made so much as one that was made for him. Nor was the choice especially difficult to grapple with. The humanitarian and political logic all point in the same direction.


This rather mild form of vengeance, though, is probably not what furious tea partiers have in mind. And here is where Obama’s announcement will leave its deepest imprint. The emotional momentum in the Republican Party now falls to its most furious, deranged voices. Michele Bachmann has denounced what she calls “millions of unskilled, illiterate, foreign nationals coming into the United States who can’t speak the English language.” Rep. Mo Brooks of Alabama has even presented the most sympathetic slice of the immigrant community — the ones serving in the military — as a source of insidious competition and even treason. (“I don’t want American citizens having to compete with illegal immigrants for jobs in our military … These individuals have to be absolutely 100 percent loyal and trustworthy.” Steve King, a regular font of nativist outbursts, is setting himself up as a power broker in Iowa, which will command center stage in the GOP primary for months and months on end.

This is the point of contrast that Obama drew out clearly and effectively. After years of legislative muddle, he was able to detach himself completely from Congress and articulate his own values. His remarks, met with rapt attention in immigrant communities, continued his rhetorical tradition of expanding the American family, accurately presenting himself (and, by extension, his party) as an ally to marginalized Americans. Speaking with evident passion, the president deemed the children of undocumented immigrants “as American as Malia or Sasha.” He cited scripture: “We shall not oppress a stranger, for we know the heart of a stranger — we were strangers once, too.” He drew an emotional bond between immigrant communities and the Democratic Party’s ideal of compassion and tolerance. That bond will be his announcement’s most enduring legacy.


wash, rinse, repeat...

Reagan: 381
Clinton: 364
Nixon: 346
Bush43: 291
Black Tyrant: 193


You might be a Republican if...

You might be a Republican if you're frantically tweeting your disapproval of immigration reform while undocumented people mow your lawn.

CHEERS! This Is What I Like To Hear, Mr. President!


A+ New Yorker cover for Thanksgiving.

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