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Archive for September, 2007

Conservatives, To Your Fainting Couches!

Oh dear, I seem to be getting the vapors!

Getting Outraged Over MoveOn

By Michael Kinsley
Wednesday, Sep. 19, 2007

Goodness gracious. Oh, my paws and whiskers. Some of the meanest, most ornery hombres around are suddenly feeling faint. Notorious tough guys are swooning with the vapors. The biggest beasts in the barnyard are all aflutter over something they read in the New York Times. It’s that ad from MoveOn.org — the one that calls General David Petraeus, the head of U.S. forces in Iraq, general betray us. All across the radio spectrum, right-wing shock jocks are themselves shocked. How could anybody say such a thing? It’s horrifying. It’s outrageous. It’s disgraceful. It’s just beyond the pale … It’s … oh, my heavens … say, is it a bit stuffy in here? … I think I’m going to … Could I have a glass of … oh, dear [thud].

Welcome to the wonderful world of umbrage, the new language of American politics. You would not have thought that the likes of Rush Limbaugh and Bill O’Reilly would be so sensitive. Sticks and stones and so on. Yet they all seem to have taken one look at that ad and fainted dead away. And when they came round, they demanded — as if with one voice (or at least as if with one list of talking points) — that every Democratic presidential candidate must “condemn” this shocking, shocking document.

The ad is pretty tough, and the pun on the general’s name is pretty witless. You could argue that since the verb betray and the noun traitor have the same root, the ad is accusing the head of American forces in Iraq of treason. The ad can also be interpreted — more plausibly if you consider the rest of the text — merely as questioning the general’s honesty, not his patriotism. But whatever your interpretation of the ad, all the gasping for air and waving of scented handkerchiefs among the war’s most enthusiastic supporters is pretty comical.

It’s all phony, of course. The war’s backers are obviously delighted to have this ad from which they can make an issue. They wouldn’t trade it for a week in Anbar province (a formerly troubled area of Iraq that is now, thanks to us, an Eden of peace and tranquillity where barely a car bomb disturbs the perfumed silence — or so they say). These days, mock outrage is used by every side of every dispute. It’s fair enough to criticize something your opponent said while secretly thanking your lucky stars that he said it. The fuss over this MoveOn.org ad is something else: it is the result of a desperate scavenging for umbrage material. When so many people are clamoring for a chance to swoon that they each have to take a number and when the landscape is so littered with folks lying prostrate and pretending to be dead that it starts to look like the end of a Civil War battle re-enactment, this isn’t spontaneous mass outrage. This is choreography.

Read the rest HERE

~~~

Thank heavens we eschew such ridiculous hysterics here in Minnesota. 

Here in Minnesota  no self-respecting, unyieldingly courageous, steely-eyed politician or pundit would have the gall to try to foist such a patently disingenuous load of manure on us.

Why, here in Minnesota the very idea that someone would  expect us to fall for such a……   a…….  uh……

Oh dear.   Oh my goodness gracious.   Fetch the smelling salts!….

nice fainting couch you got there, Norm

 ~ 

 

 

“The Shock Doctrine: The Rise of Disaster Capitalism” by Naomi Klein

Two articles about Naomi Klein’s new book The Shock Doctrine: The Rise of Disaster Capitalism.

shock doctrine book coverWhy Can’t the U.S. Have the Debate about Naomi Klein’s Book That Europe Has?

By Jan Frel, AlterNet. Posted September 21, 2007.

In Europe and Canada debate is raging about Naomi Klein’s new book on disaster capitalism, The Shock Doctrine. This interview with Klein considers why U.S. public debate is unable to ask fundamental questions about our economic system.

Naomi Klein’s new book, The Shock Doctrine: The Rise of Disaster Capitalism, tells the history of how the American version of “free market” capitalism has spread in moments of crisis and catastrophe, when societies are too traumatized and disoriented to challenge the introduction of radical economic policies that go against their own interests.

The Shock Doctrine has already been published and translated in several countries. Excerpts from Klein’s book were published in the British newspaper, The Guardian, and discussion about the book has raged onThe Guardian’s online site, Comment Is Free as well as in the German, French and Canadian press. I attended Klein’s U.S. book launch event at the New York Society for Ethical Culture on September 17 where she described her work and her experiences dealing with a foreign press frequently hostile to her arguments.

At least the foreign press is willing to tangle with writers who offer critiques the capitalist system. There is plenty of economic coverage in the U.S., but fundamental questions on issues such as whether privatization of public assets benefits the public and if the focus on short-term economic growth is harmful in the long run are simply not discussed. I wondered how Klein’s book, which has hit the best-seller lists all over Europe, would fare in the U.S. and what Klein’s expectations were for the U.S. audience. I spoke with her on the phone about this and the issues she raises in The Shock Doctrine on September 19.

Jan Frel: Your book has 70 pages of footnotes and has citations from over 1,000 sources. At the book launch in New York, you referred to this as your “body armor.” The thinking seems to be that if you can back up what you’re saying, then it has to be accepted. Is this what will give it legitimacy in the mainstream media?

Naomi Klein: It’s more for the debate about my work. In the attempts to dismiss my work as conspiracies theories, the footnotes help.

Frel: It’s often times the case that books that make powerful and damning claims with complete accuracy still don’t break into public debate or hit the audience that ought to confront them. Isn’t there something else that prevents radical interpretations of society and economics and buried history from reaching public debate?

Klein: I think that’s true — it’s certainly true in this country. I wasn’t talking about the problem my book would have getting into the mainstream; it’s more about the debates around it. My books do get into the mainstream — outside the U.S. That doesn’t mean they aren’t contested, but in Canada for example, The Shock Doctrine is already at No. 3 on Amazon. [Currently at No. 43 in the United States.]

Another book I did, No Logo, was a mainstream book in most of the countries where it was published, except for the U.S. In the U.S. it never was. The context I talked about the need for support for my arguments is in cases where my book is being debated and argued. So in the U.S., I totally agree that having solid footnotes are no guarantee that you can start a mainstream debate. I don’t have any confidence that this book will be in the mainstream debate in the United States.

Frel: A lot of what you’re taking on in The Shock Doctrine is a concept that is fused in deep into a big part of the American psyche — that “the free market” and “free enterprise,” which we don’t typically debate or condemn in the mainstream but are to blame for a lot of the things the public does discern as problems, like our healthcare system. But how do you get people to see that they are being screwed by their own dominant economic beliefs?

Klein: It’s actually not that hard. The hard part is getting past the media wall.

Frel: At your U.S. book launch on Monday you talked about getting past the “intellectual police lines” that prevent discussion.

Read it all HERE

~~~

Can Radical Capitalism Survive the Disasters It Creates?

By John Gray, The Guardian. Posted September 22, 2007.

The era of “free market” economic policies forced on societies after disasters happen as detailed in Naomi Klein’s book The Shock Doctrine may be on the verge of ending.

Over the past few decades, many of the ideas of the far left have found new homes on the right. Lenin believed that it was in conditions of catastrophic upheaval that humanity advances most rapidly, and the idea that economic progress can be achieved through the devastation of entire societies has been a key part of the neo-liberal cult of the free market. Soviet-style economies left an inheritance of human and ecological devastation, while neo-liberal policies have had results that are not radically dissimilar in many countries. Yet, while the Marxist faith in central planning is now confined to a few dingy sects, a quasi-religious belief in free markets continues to shape the policies of governments.

Many writers have pointed to the havoc and ruin that have accompanied the imposition of free markets across the world. Whether in Africa, Asia, Latin America or post-communist Europe, policies of wholesale privatisation and structural adjustment have led to declining economic activity and social dislocation on a massive scale. Anyone who has watched a country lurch from one crisis to another as the bureaucrats of the IMF impose cut after cut in pursuit of the holy grail of stabilisation will recognise the process Naomi Klein describes in her latest and most important book to date. Visiting Argentina not long before the economic collapse of 2002, I found the government struggling to implement an IMF diktat to roll back public spending at a time when the economy was already rapidly contracting. The result was predictable, and the country was plunged into a depression, with calamitous consequences in terms of poverty and social breakdown.

Klein believes that neo-liberalism belongs among “the closed, fundamentalist doctrines that cannot co-exist with other belief-systems … The world as it is must be erased to make way for their purist invention. Rooted in biblical fantasies of great floods and great fires, it is a logic that leads ineluctably towards violence.” As Klein sees it, the social breakdowns that have accompanied neo-liberal economic policies are not the result of
incompetence or mismanagement. They are integral to the free-market project, which can only advance against a background of disasters. At times, writing in a populist vein that echoes her first book No Logo, published seven years ago, Klein seems to suggest that these disasters are manufactured as part of a deliberate policy framed by corporations with hidden influence in government. Her more considered view, which is also more plausible, is that disaster is part of the normal functioning of the type of capitalism we have today: “An economic system that requires constant growth, while bucking almost all serious attempts at environmental regulation, generates a steady stream of disasters all on its own, whether military, ecological or financial. The appetite for easy, short-term profits offered by purely speculative investment has turned the stock, currency and real estate markets into crisis-creation machines, as the Asian financial crisis, the Mexican peso crisis and the dotcom collapse all demonstrate.”

Read it all HERE

~~~

ADDED:

Naomi Klein Debates Alan Greenspan

by Amy Goodman, Democracy Now!. Posted September 25, 2007.

Naomi Klein goes head to head with Alan Greenspan on the Iraq war, Bush’s tax cuts, economic populism, crony capitalism and more

AMY GOODMAN: As the credit crisis continues to grow and the US dollar hits a new low, we turn today to the former Chair of the Federal Reserve, Alan Greenspan. Alan Greenspan headed the central bank in the United States for almost two decades. He was first appointed to this position in 1987 by President Ronald Reagan. Greenspan retired in January 2006, after deciding the fate of national interest rates under four different presidents. Dubbed “the Maestro,” he was widely regarded as one of the world’s most influential economic policymakers. He has just written a new 500-page memoir; it’s called The Age of Turbulence: Adventures in a New World.Alan Greenspan joins us now on the phone. And in our studio we’re joined again by journalist Naomi Klein, author of The Shock Doctrine. We welcome you both to Democracy Now! Welcome, Alan Greenspan.

ALAN GREENSPAN: Thank you very much. I’m delighted.AMY GOODMAN: It’s good to have you with us. You worked with six presidents, with President Reagan, with both President Bushes. You worked with President Ford, and you worked with Bill Clinton, who you have called a Republican president; why?

ALAN GREENSPAN: That was supposed to be a quasi-joke.

AMY GOODMAN: Talk about it.

ALAN GREENSPAN: Well, Clinton?

AMY GOODMAN: Yes.

ALAN GREENSPAN: Well, I stated that I’m a libertarian Republican, which means I believe in a series of issues, such as smaller government, constraint on budget deficits, free markets, globalization, and a whole series of other things, including welfare reform. And as you may remember, Bill Clinton was pretty much in the same — was doing much that same agenda. And so, I got to consider him as someone — as he described it, we were both an odd couple, because he is a centrist Democrat. And that’s not all that far from libertarian Republicanism.

AMY GOODMAN: About how much would you say you agreed with him?

ALAN GREENSPAN: On economic issues, I would say probably 80 percent.

AMY GOODMAN: And what about President Bush?

ALAN GREENSPAN: President Bush had the wonderful characteristic of knowing that it was not to his advantage or to ours to interfere with the actions of the Federal Reserve. And I must say, through all of his years, he never once second-guessed what the Fed was doing. And that was very important to us, and we’ve been very much appreciative of that.

But, as I say in the book, he did not clamp down, as I thought was necessary, on what was a wayward Republican-controlled Congress, which I thought lost its way and started to spend and create all sorts of fiscal imbalances. And, essentially, what I hold — where I thought the administration could have done far better is if the veto were employed. And as you may remember, he did not use the veto at all. And that, what I thought, would have created a much more balanced procedure in the Congress. So it’s a mixed case in this regard.

AMY GOODMAN: Alan Greenspan, let’s talk about the war in Iraq. You said what for many in your circles is the unspeakable, that the war in Iraq was for oil. Can you explain?

Read the rest HERE

~

Guess it’s not so “contemptible” when Rush says it

From Media Matters, 09/21/2007:

Before MoveOn’s “General Betray Us,” there was Limbaugh’s “Senator Betrayus”

Summary: Rush Limbaugh has called the MoveOn.org “General Petraeus or General Betray Us?” advertisement “contemptible” and “indecent,” but months earlier, on his radio show, he told his audience that he had a new name for Senator Chuck Hagel: “Senator Betrayus.” Though Limbaugh has taken exception to accusations that he has attacked the patriotism of his political opponents, the “Senator Betrayus” remark is one of several instances in which Limbaugh has done so.

On September 10, MoveOn.org’s much-discussed advertisement headlined “General Petraeus or General Betray Us?” critical of Gen. David Petraeus, appeared in The New York Times. On the September 11 broadcast of his nationally syndicated radio show, Rush Limbaugh called the advertisement “contemptible” and “indecent.” However, months earlier, on his radio show, he told his audience that he had a new name for Sen. Chuck Hagel (R-NE): “Senator Betrayus.” On the January 25 broadcast (subscription required) of his radio show, Limbaugh broke from his commentary on an interview of Vice President Dick Cheney on the January 24 edition of CNN’s The Situation Room to say: “By the way, we had a caller call, couldn’t stay on the air, got a new name for Senator Hagel in Nebraska, we got General Petraeus and we got Senator Betrayus, new name for Senator Hagel.” A day earlier, Hagel had sided with Democrats on the Senate Foreign Relations Committee in voting to approve a nonbinding resolution declaring that Bush’s escalation in Iraq was against “the national interest.”

In a September 10 blog post, Politico senior political writer Ben Smith reported that the General Betray Us ad “appears to have been borrowed indirectly from Rush Limbaugh and noted that “[a]ccording to a Free Republican [sic: Free Republic] diary, Rush took a call in January from a listener who suggested he contrast General Petraeus with Senator Chuck Betrayus — i.e., Hagel.” In the January 26 post Smith cited, Free Republic commenter “Recovering_Democrat” wrote that “Rush said on his show yesterday that a caller suggested the new name for Senator Hagel.”

Indeed, on the February 4 edition of ABC’s This Week, host George Stephanopoulos told Hagel that Limbaugh “calls you ‘Senator Betrayus.’ ” On the February 5 broadcast of his radio show, Limbaugh played an audio clip of Stephanopoulos telling Hagel that Limbaugh calls him “Senator Betrayus.” Limbaugh didn’t disavow the characterization; in fact, Limbaugh said in response to Hagel’s comments: “But note he doesn’t comment specifically on what I say. ‘Well, you know, Rush has to be somewhere, he can say whatever he wants,’ but didn’t dispute the substance of my point.”

On the September 14 edition of Fox News’ Fox & Friends, former Clinton White House special counsel Lanny Davis responded to questions about the MoveOn.org ad by suggesting that the ad was no less outrageous “than some of the hatemongering that I hear from Rush Limbaugh and some of the people on the right questioning the patriotism of people like MoveOn.org” and asking “why are you not questioning Rush Limbaugh attacking patriotism.” Fox News co-host and weatherman Steve Doocy said, “I’m sorry, but I don’t know what you’re talking about. I haven’t heard Rush Limbaugh do that. Later that day on his nationally syndicated radio show, Limbaugh played audio from Davis’ Fox & Friends appearance, and said: “I hope Fox does a program on me. I won’t participate in it because I don’t do that, but — what have I said? What in the world have I said? All I said was that they’re invested in defeat. I’ve said that it’s just — it’s unacceptable, it’s indecent the way they attack General Petraeus.”

Read the rest HERE

~

Norm-mentum! Update

When last we checked in on Norm Coleman — Republican,  senator, and unstoppable juggernaut of, um, something or other – we were calling and emailing him last Wednesday morning to encourage him to support Amendment S. 2202 (same text as the Habeas Corpus Restoration Act (S.185) to the DOD Auth bill (HR 1585). 

And what was that all about?  

It was about restoring the writ of Habeas Corpus.  

And what’s that again? 

What’s Habeas Corpus?  Oh, just some stuff about the government not being allowed to detain you without telling you why you’re being detained, and also not being allowed to detain you indefinitely.

Wow, that Habeas Corpus thing sounds like a pretty good thing to have.  You mean we don’t have it anymore?  Since when?  

Since October 17th, 2006, when President George W Bush signed the Military Commissions Act of 2006.

OK, so last Wednesday there was a vote in Congress for or against Amendment S. 2202, which is also known as the Restore Habeas Corpus Act, correct?

Yep.

And how did Norm Coleman vote on it?

He voted against it. 

Seriously??  Wow.   Heckuva job there, Normie.

Norm-mentum 2: the aftermath 

Norm-mentum!

~

 

Pretend You’re A Time Traveler Day

Hey, forget that lame, tired-ass TLAP crap. It’s so 48 hours ago! Are you ready for Pretend You’re a Time Traveler Day??

These are apparently the official rules, (via Koala Wallop):

Pretend to be a Time Traveler Day

You must spend the entire day in costume and character. The only rule is that you cannot actually tell anyone that you are a time traveler. Other than that, anything’s game.

There are three possible options:

1) Utopian/cliché Future - “If the Future did a documentary of the last fifty years, this is how badly the reenactors would dress.” Think Star Trek: TNG or the Time Travelers from Hob. Ever see how the society in Futurama sees the 20th century? Run with it. Your job is to dress with moderately anachronistic clothing and speak in slang from varying decades. Here are some good starters:

- Greet people by referring to things that don’t yet exist or haven’t existed for a long time. Example: “Have you penetrated the atmosphere lately?” “What spectrum will today’s broadcast be in?” and “Your king must be a kindly soul!”

- Show extreme ignorance in operating regular technology. Pay phones should be a complete mystery (try placing the receiver in odd places). Chuckle knowingly at cell phones.

2) Dystopian Future - This one offers a little more flexibility. It can be any kind of future from Terminator to Freejack. The important thing to remember is dress like a crazy person with armor. Black spray painted football pads, high tech visors, torn up trenchcoats and maybe even some dirt here or there. Remember, dystopian future travelers are very startled that they’ve gone back in time. Some starters:

- If you go the “prisoner who’s escaped the future” try shaving your head and putting a barcode on the back of your neck. Then stagger around and stare at the sky, as if you’ve never seen it before.

- Walk up to random people and say “WHAT YEAR IS THIS?” and when they tell you, get quiet and then say “Then there’s still time!” and run off.

- Stand in front of a statue (any statue, really), fall to your knees, and yell “NOOOOOOOOO”

- Stare at newspaper headlines and look astonished.

- Take some trinket with you (it can be anything really), hand it to some stranger, along with a phone number and say “In thirty years dial this number. You’ll know what to do after that.” Then slip away.

3) The Past - This one is more for beginners. Basically dress in period clothing (preferably Victorian era) and stagger around amazed at everything. Since the culture’s set in place already, you have more of a template to work off of. Some pointers:

- Airplanes are terrifying. Also, carry on conversations with televisions for a while.

- Discover and become obsessed with one trivial aspect of technology, like automatic grocery doors. Stay there for hours playing with it.

- Be generally terrified of people who are dressed immodestly compared to your era. Tattoos and shorts on women are especially scary.

And that’s it. Remember, the only real rule is staying in character and try to fit in. Never directly admit you’re a time traveler, and make really, really bad attempts at keeping a low profile. Naturally, the dystopian future has a little more leeway. And for the record, I’ve already tried out all of these in real life, in costume. It is so much fun you want to pee yourself.

I’ve set the tentative date for December 8th. Who’s in?

Dresden Codak at Koala Wallop

(Yeah, I finally found the name of the guy who came up with this idea)

~~~

December 8th? But that’s always Curtiss A John Lennon Tribute Day. Can’t you reschedule? Can’t we get Superman to fly around the earth real fast or sumpthin? Where’s my Delorean? I mean, the one with the flux capacitor? Come on, people, think!
the time masheen

~

UPDATE:  Welcome, Stumble Upon visitors!  Wow, what a lot of traffic for one silly little post.   I have to apologize for the non-working link above (initially when you clicked on the “Time Masheen” picture, it launched a YouTube video snippet from the great, rapidly becoming a cult film IDIOCRACY.  Then the videos were yanked from YouTube — by the studio, probably — and the link doesn’t work anymore.)  Sorry.  Just go rent it; you will NOT be sorry.  ~

 

Avast! It’s TLAP Day!

Quick, before it’s over for another year.  In the immortal words of Senator John Blutarski, I-Delta House:

pirate bluto

~

 

Call Norm Coleman This Morning

Via Spot, recently returned from an entire week spent refreshingly sans-intertubes.  Lucky dog… 

There will be a vote on cloture tomorrow morning, Wednesday at 10:30 AM, on the Habeas Corpus Restoration Act. There are still votes needed to overcome a filibuster on this important legislation. One of the fence sitters is, you guessed it, Norm Coleman. Please call and email Senator Coleman to vote to cut off debate and proceed to a vote on the bill.

You can reach Coleman as follows:

DC Office:

Main: 202-224-5641
Fax: 202-224-1152

St. Paul Office:

Main: 651-645-0323
Fax: 651-645-3110
Toll Free: 800-642-6041

Email webform  

CALL NOW! To reiterate what Spot said, this must be done NOW –the cloture vote is happening at 10:30AM Eastern Time this morning.

Please call or email Norm NOW about this very important vote.

feel the norm-entum!

Feel the Norm-mentum!

 

Guess What Tomorrow Is!

Take a hint from Theda:

theda hint

Hypocritical outrage over the MoveOn ad

How MoveOn.org’s General Petraeus/Gonna Betray Us! ad “crossed the line” with the righteously apoplectic Right — a “line” that they themselves feel fully entitled to cross with impunity whenever they feel like it. Glenn Greenwald explains:

For those who think — for some indiscernible reason — that it is important enough to spend the energy developing an opinion on the MoveOn ad, there are, I suppose, reasonable arguments that can be made on both sides as to whether the “betray us” rhyme was rhetorically excessive, counter-productive, etc. But the shrill hand-wringing it has triggered is just bizarre in light of the fact that accusing Americans, including military veterans, of being unpatriotic, anti-American and betraying the country has, for decades, been a mainstream staple of the political rhetoric from our country’s pro-war Right — invoked most aggressively by those, such as Klein, now claiming such profound offense over the MoveOn ad.

Here is Joseph Farah of World Net Daily in an October, 2004 column entitled “Questioning Kerry’s Patriotism”:

Think of what I am saying: A man who came to prominence and notoriety in American life, and who is now on the threshold of winning the White House, was actively aiding and abetting the enemy just 33 years ago. He was a tool. He was an agent. He was working for the other side.That’s why I say it is time to stop playing rhetorical games with respect to Kerry.

There is only one word in the English language that adequately describes what he was in 1971 — and what he remains today for capitalizing on the evil he perpetrated back then. That word is “traitor.”

The right-wing site “American Thinker” — proudly included on Fred Thompson’s short blogroll, among most other places on the Right — published an article in 2005 entitled “Is Jack Murtha a Coward and a Traitor?” (answer: “Any American who recommends retreat is injuring his own country and calling his own patriotism into question”). Here is John Hinderaker of Powerline — Time’s 2004 Blog of the Year — on our country’s 39th President (and, unlike the non-serving Hinderaker, a former Naval officer): “Jimmy Carter isn’t just misguided or ill-informed. He’s on the other side.”When Howard Dean pointed out (presciently) in December of 2005 that the Iraq War cannot be won, Michael Reagan called for Dean to “be arrested and hung for treason or put in a hole until the end of the Iraq war,” and the next day, on Fox News, alongside an approving Sean Hannity, he said: “I have no problem at all, no problem at all, with what this guy is doing, taking him out and arresting him.” And here is Giuliani campaign advisor Norm Podhoretz on the Hugh Hewitt Show yesterday, as they explained how deeply anti-American “Democrats” are:

HH: Norman Podhoretz, before the last break, we were talking about the intellectual class in America that is so deeply anti-American from the Vietnam years, and how it did not take them long to find in America the cause for 9/11, and to begin what has been a very poisonous attack on America over the last six years. How can they be that successful?NP: Well, what I try to explain in my book is that a lot of these people were working out of the anti-war movement playbook of the Vietnam era. . . .

Well, what I think is that that is correct, and I think that the Democrats are committing political suicide, at least for the 2008 presidential election. I mean, you know, the Democrats suffered from the disability of the McGovern years, when they were rightly considered soft on national defense, not to be trusted to protect us against foreign threats. They worked very heard to overcome that reputation, especially under Clinton. And now what they’ve done is to resurrect it. And they’ve gone even further than they did under McGovern. I mean, embracing defeat, calling for American defeat, rooting for American defeat.

Insinuating that Democrats and/or other opponents of various American wars are “betraying” America — and worse — has been the central argumentative tactic on the Right for decades.

Read it all HERE. (You may have to view a short ad first)

All good points to consider. So, next time you encounter the neighborhood nutjob earnestly informing the public that anti-war protesters “hate America”, remember that altho he’d like you to believe that he came up with this brilliant rhetoric all by himself, the poor dumb pants-wetting schmuck is just regurgitating the same toxic bile that the Right has been spewing for decades.

swiftee lectures us on America-hatin'

09/15/2007: Swiftee lectures us about America-hatin’.

Wow — how’s that again, Swiftee? If anyone dares to question the administration’s Iraq policy that means that they hate America? And did you come up with that all by yourself, hon? Aww, for cute!

The Supply-Side Fraud: Republican Economics Don’t Work

There’s been quite a confluence of posts this week examining those economic theories that have been among the Republican party’s most-revered tenets ever since the advent of St. Ronnie of Reagan lo these many years ago. Yep, we’re talkin supply-side economics, aka trickle-down theory, aka Reaganomics (and needless to say, aka the Bible to Minnesota’s current governor, Republican Tim Pawlenty.)

Conclusions? Well, I must advise any GOoPers in the audience to adjust those blinders and earplugs, because you’re not gonna want to hear this. Short version:

Supply-side, trickle-down theory DOESN’T WORK.

~~~~~

Supply Side Bait and Switch

Ezra Klein
The American Prospect

Politicians promoting the sham of supply-side economics are foolish, but their economic advisors should know better

“It is a far, far better thing,” wrote John Kenneth Galbraith, “to have a firm anchor in nonsense than to put out on the troubled seas of thought.” And the Republican primary, per usual, is firmly docked in the seas of supply-siderism. Rudy Giuliani, who’s currently leading the polls, told Larry Kudlow, “I regard myself as a supply-sider for sure. I mean, watched Ronald Reagan do it and learned it, saw it work. Taxes get reduced, more revenue comes in.” Mitt Romney offered an even pithier explanation of his supply-side philosophy: “If you lower taxes enough, you create more growth.”

That “enough” is a particularly ingenious addition; if your economic policy based on massive cuts begins to tank the economy, it’s just evidence that it wasn’t tax-cutty enough. “Jeeves! The peasants are rioting! Slash the rates on capital gains!”

In his excellent new book The Big Con, Jonathan Chait methodically tracks the corrupt promises, failed predictions, and repeated shortcomings of the supply-side economics movement — that dominant strain of conservative economic thought that sees tax rates as the near singular driver of economic performance, counsels that rates should always be lower than they are, and assures us that the economic growth sparked by such policies will mean the government gets more revenue even as it cuts taxes. Supply siders are a laughable bunch, repeatedly proven wrong by history — most notably during the Clinton years, when a tax increase they said would “shrink the economy, put people out of work, and lower tax revenues” did quite the opposite on all counts — and derided even by their putative allies. The conservative economist Greg Mankiw, formerly chair of the president’s Council of Economic Advisors, put supply side theories in the “Cranks and Charlatans” chapter of his textbook.

Yet they retain the full fealty of every major candidate in the Republican primary. It’s bizarre, but not inexplicable. In his book, Chait focuses on a small coterie of cranks like George Gilder and Jude Wanniski — non-economists whose mastery of pure supply-side doctrine has made them useful to — and thus influential within — the Republican Party. But if you’ve never heard their names, you are forgiven (say five Hail Reagans and go about your day, my son). They may be the ideology’s most devoted advocates, but they are not its most important enablers. That distinction goes to the economists whose indulgence and careerism sustains these crackpots.

Read it all HERE

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The extortion artists at the NY Times are rumored to be ready to chuck their annoying “Select” program, by which they hold their most popular weekly columnists’ content hostage behind a firewall until you fork over the $50 ransom annual “Select” subscription, but they haven’t chucked it yet, so we rely on our generous Select- subbing friends to share. Here’s this week’s Paul Krugman fix in its entirety, courtesy of the always intrepid Wege:

Where’s My Trickle?

Paul Krugman
NYTimes Select

Four years ago the Bush administration, exploiting the political bounce it got from the illusion of success in Iraq, pushed a cut in capital-gains and dividend taxes through Congress. It was an extremely elitist tax cut even by Bush-era standards: the nonpartisan Tax Policy Center says that more than half of the tax breaks went to Americans with incomes of more than $1 million a year.

Needless to say, administration economists produced various misleading statistics designed to convey the opposite impression, that the tax cut mainly went to ordinary, middle-class Americans. But they also insisted that the benefits of the tax cut would trickle down — that lower tax rates on the rich would do great things for the economy, helping everyone.

Well, Friday’s dismal jobs report showed that the Bush boom, such as it was, has run its course. And working Americans have a right to ask, “Where’s my trickle?”

It’s true, as the Bushies never tire of reminding us, that the U.S. economy has added eight million jobs since that 2003 tax cut. That sounds impressive, unless you happen to know that a good part of that gain was simply a recovery from large job losses earlier in the administration’s tenure — and that the United States added no fewer than 21 million jobs after Bill Clinton raised taxes on the rich, a move that had conservative pundits predicting economic disaster.

What’s really remarkable, however, is that four years of economic growth have produced essentially no gains for ordinary American workers.

Wages, adjusted for inflation, have stagnated: the real hourly earnings of nonsupervisory workers, the most widely used measure of how typical workers are faring, were no higher in July 2007 than they were in July 2003.

Meanwhile, benefits have deteriorated: the percentage of Americans receiving health insurance through employers, which plunged along with employment during the early years of the Bush administration, continued to decline even as the economy finally began creating some jobs.

And one of the few seeming bright spots of the Bush-era economy, rising homeownership, is now revealed as the result of a bubble inflated in part by financial flim-flam, which deceived both borrowers and investors.

Now you know why 66 percent of Americans rate economic conditions in this country as only fair or poor, and why Americans disapprove of President Bush’s handling of the economy almost as strongly as they disapprove of the job he is doing in general.

Yet the overall economy has grown at a reasonable pace over the past four years. Where did the economic growth go? The answer is that it went to the same economic elite that received the lion’s share of those tax cuts. Corporate profits rose 72 percent from the second quarter of 2003 to the second quarter of 2007. The real income of the richest 0.1 percent of Americans surged by 51 percent between 2003 and 2005, and although we don’t yet have the data for 2006, everything we know suggests that the income of the rich took another upward leap.

The absence of any gains for workers in the years since the 2003 tax cut is a pretty convincing refutation of trickle-down theory. So is the fact that the economy had a much more convincing boom after Bill Clinton raised taxes on top brackets. It turns out that when you cut taxes on the rich, the rich pay less taxes; when you raise taxes on the rich, they pay more taxes — end of story.

But it’s not just trickle-down that has been refuted: the whole idea that a rising tide raises all boats, that growth in the economy necessarily translates into gains for the great majority of Americans, is belied by the Bush-era experience.

As far as I can tell, America has never before experienced a disconnect between overall economic performance and the fortunes of workers as complete as that of the last four years.

America was a highly unequal society during the Gilded Age, but workers’ living standards nonetheless improved as the economy grew. Inequality rose rapidly during the Reagan years, but “Morning in America” was nonetheless bright enough to make most people cheerful, at least temporarily. Inequality continued to increase during the Clinton years, but wages rose, as did the availability of health insurance — and the great majority of Americans felt prosperous.

What we’ve had since 2003, however, is an economic expansion that looks good if not great by the usual measures, but which has passed most Americans by.

Guaranteed health insurance, which all of the leading Democratic contenders (but none of the Republicans) are promising, would eliminate one of the reasons for this disconnect. But it should be only the start of a broader range of policies — a new New Deal — designed to turn economic growth into something more than a spectator sport.

[Paul Krugman, NYTimes Select]
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And finally, via AlterNet, complete with many illustrative charts and statistics for your continued Friday and weekend reading pleasure:

The Supply-Side Fraud: Republican Economics Don’t Work

By Hale Stewart, HuffingtonPost.com. Posted September 10, 2007.

Republicans are enamored by “supply-side” economics. Frankly, I have to admit it’s a very easy sell. Think about it. “Cutting tax rates stimulates the economy to such a high level that tax revenues increase.” However, there are several problems with this theory. The first is Republicans have not implemented the other side of “supply-side economics” — a corresponding cut in government spending. This has ballooned the federal debt to dangerous levels under their economic stewardship. In addition, the projected increase in government revenues really haven’t materialized as projected. In other words, supply-side economics is a great marketing concept, but in reality is a poor national policy.

Read it all HERE

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