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May 08, 2013 06:29 AM UTC

Sine Die Open Thread

  • 44 Comments
  • by: Colorado Pols

"From the end spring new beginnings."

–Pliny the Elder

Comments

44 thoughts on “Sine Die Open Thread

  1. Ed Perlmutter, has demonstrated, once again, that he is Wall Street's BFF while throwing the 99% under the bus. Yesterday, in the House Financial Services Committee meeting, he voted for all but one but one of the Republican bills proposed to gut the derivatives regulations contained in the infamously weak Dodd-Frank Wall Street Reform Act.

    • H.R. 701, to amend a provision of the Securities Act of 1933 directing the Securities and Exchange Commission to add a particular class of securities to those exempted under such Act to provide a deadline for such action

    • H.R. 801, the “Holding Company Registration Threshold Equalization Act of 2013″

    • H.R. 742, the “Swap Data Repository and Clearinghouse Indemnification Correction Act of 2013″

    • H.R. 1341, the “Financial Competitive Act of 2013″

    • H.R. 634, the “Business Risk Mitigation and Price Stabilization Act of 2013″

    • H.R. 677, the “Inter-Affiliate Swap Clarification Act”

    • H.R. 992, the “Swaps Regulatory Improvement Act”

    • H.R. 1256, the “Swap Jurisdiction Certainty Act”

    • H.R. 1062, the “SEC Regulatory Accountability Act” (The only bill that Perlmutter opposed.)

    Even the normally Wall Street friendly White House opposed the legislation. Jack Lew, Treasury Secretary and Citigroup alum, sent a letter to the committee urging them to defeat these bills.

    Did I read my ballot incorrectly and vote for a Republican in the last election?

    Primary Source: Financial Services Committee website.

    Secondary Sources: House Moves To Gut Derivatives Regulations Again – Firedoglake Treasury Warns House Democrats On Derivatives – Huffington Post

    1. Davebarnes is correct, but the interesting thing that isn't often remembered is that it was a pretty trivial thing to set off the largest war modern Europe had seen in nearly 300 years. (Well, maybe 100 years.)  It took about five weeks for it to erupt into war – there were efforts to solve the crisis, but the will to go to war was stronger than the desire to avoid it. It was actually the last in a string of other crises that had been occuring for a decade, any of which could have also started a general war, but were settled. These crises were all a result of the unification of Germany, how it had shifted the balance of power, and how none of Bismarck's successors (never mind the Kaiser) had either his clear vision or his skill at diplomacy.

      I'm oversimplifying, but historians generally agree that it's hard to see how war could have been avoided given those conditions. Arrogance and hubris were high within the German military, and everyone was concerned with empire building.

      1. All good points. I think there were a couple of other biggies (and probably more):

        To a large degree Austria pulled Germany in. While Austria was the weaker partner, Germany had to have Austria as a partner and so Austria could force Germany's hand.

        And it took time to move troops. So when one side "prepared" for war by mobilizing and moving troops toward the borders, the other side had to match in preperation. So a lot of it was on auto-pilot.

        Everyone thought it would be over fast. That war had become so overpowering that their side would steamroll the other and 3 weeks later it would be complete. This is amazing as they all had observers at our Civil War and the big lesson of that first industrial war was that wars now took longer and were vastly more destructive in slow stalemates.

        1. Everyone thought it would be over fast

          Isn't that always the case?

          The First Battle of Bull Run, also known as First Manassas (the name used by Confederate forces), was fought on July 21, 1861, in Prince William County, Virginia, near the city of Manassas. It was the first major land battle of the American Civil War.

          Just months after the start of the war at Fort Sumter, the Northern public clamored for a march against the Confederate capital of Richmond, Virginia, which they expected to bring an early end to the rebellion.

          And who can forget the brief fling we had in 2003 where Iraq brought us cheap access to oil that turned the first profit in warfare?

  2. Sometimes I am afraid the terrorist won the real war, the war for freedom.

    On Wednesday night, Burnett interviewed Tim Clemente, a former FBI counterterrorism agent, about whether the FBI would be able to discover the contents of past telephone conversations between the two. He quite clearly insisted that they could:

    BURNETT: Tim, is there any way, obviously, there is a voice mail they can try to get the phone companies to give that up at this point. It's not a voice mail. It's just a conversation. There's no way they actually can find out what happened, right, unless she tells them?

    CLEMENTE: "No, there is a way. We certainly have ways in national security investigations to find out exactly what was said in that conversation. It's not necessarily something that the FBI is going to want to present in court, but it may help lead the investigation and/or lead to questioning of her. We certainly can find that out.

    BURNETT: "So they can actually get that? People are saying, look, that is incredible.

    CLEMENTE: "No, welcome to America. All of that stuff is being captured as we speak whether we know it or like it or not."

    "All of that stuff" – meaning every telephone conversation Americans have with one another on US soil, with or without a search warrant – "is being captured as we speak".

    On Thursday night, Clemente again appeared on CNN, this time with host Carol Costello, and she asked him about those remarks. He reiterated what he said the night before but added expressly that "all digital communications in the past" are recorded and stored:

    http://lewrockwell.com/spl5/govt-taps-all-phone-calls.html

     

     

    1. I think we've been heading this way for a while now, and you're right. The terrorists have won this battle; the fear that some people – politicians especially – have used to drive the citizens toward this point is part of the goal of terrorism. The over-reaction leading to a police state eventually undermines the government in the eyes of the people, and we have not been vigilant at defending against that.

      Today we have police who abuse their authority and get away with it regularly because we have such deference to the police. We have Federal agencies analyzing most if not all digital traffic, and although they say they do not peek at anything other than routing data without a warrant, we have little assurance that that is true. The PATRIOT Act has opened the door to searches so secret that even once such a search is discovered by a party, they cannot get the government to admit that it happened or sue if it happened to violate some right.

      This is the real danger from terrorist attacks – not that we cannot withstand one, or the actual body count (though that is never good) – but that we will give away our privacy and our Constitutional rights and then realize that we're not the good guys anymore.

  3. Just be glad this isn't your kid's school.  Below is a 4th grade science test from an accredited private (religious) school in South Carolina.  This is real STEM education!

    Read article here.

    1. This quiz should cause them to lose accreditation. No second chances, no corrective action; the school should be forced to pay for remedial education for all of the students that were taught this, at another facility that can prove it doesn't have similar problems. The parents should be told the school will lose accreditation and that their children could remain there but would not be able to gain a state certified diploma from the school if they did.

      Rehab and recertification is dependent on a complete replacement of school administration and staff, and independent monitoring appointed by the state, paid for by a penalty to the school and lasting no less than three years.

    2. Apparenty none of these kids' parents' plan for them to go on to degrees in any science related fields in the future.  How on earth would one be prerpared for entry into, say, medical school? Guess they're happy to be totally dependent on  the godless for medical care and any technological advances, especially those concerned with biology or chemistry, that we might need to get humanity's ass out of a sling in the future. Don't care about finding treatments and cures for any diseases or congenital or chronic conditions.  Alternately, they don't care about the future period because end times are around the corner anyway.  I too hope  this school's course work doesn't count for anything in terms of being accredited in any way. 

       It would be nice if we could prevent people who think the future doesn't matter because the end of the world is near from voting on issues that affect our future.  It's really scary to think of all these people oposing any anti-pollution, climate change mitigation or biodiversity preservation measures because they cost money now and and they don't believe there's a future here on earth for much longer anyway.

      On a hopeful note, has anyone checked to make sure this is legit? Probably is, though.

        1. How is this that different from all those "lawyers" who attended Pat Robertson's Regent University School of Law and then packed the DOJ?

           

              1. But they were all well qualified. They were asked if they supported abortion and they all said "no". What else do you need to take charge of an occupied, I mean liberated, country?

  4. This was in an e-mail from Think Progress in my mailbox  today.  The last  one from Senator Mike Lee R Utah (it follows the 11) would be haha funny if the guy wasn't serious:

    ThinkProgress has rounded up 11 of the worst of these GOP amendments:

    1. Undocumented immigrants can never become citizens. “No person who is or has previously been willfully present in the United States will [sic] not in lawful status…shall be eligible for United States citizenship.” Offered by Sen. Ted Cruz (R-TX).

    2. Mandatory DNA testing. Registered provisional immigrant applicants must submit a DNA sample to the Department of Justice to compare against the Combined DNA Index System (CODIS) at the FBI. Offered by Sen. Orrin Hatch (R-UT).

    3. Zero assistance. Would prohibit undocumented immigrants who earn provisional legal status from applying for permanent residence if they qualify for state means-tested assistance, the supplemental nutrition assistance program (SNAP), the temporary assistance for needy families program (TANF), or supplemental security income benefits (SSI). Offered by Sen. Jeff Sessions (R-AL).

    4. Bans humanitarian travel. Immigrants who are in provisional legal status but have to go back to their home countries for a humanitarian reason (to visit a sick relative, for instance) would be prohibited from re-entering the United States. Currently, the provisional legal status includes an authorization for travel.Offered by Sen. Chuck Grassley (R-IA).

    5. Guts family re-unification. The green card distribution for some foreigners relies on a point allocation system in which a certain number of points must be accumulated before those individuals can qualify for a merit-based visa. This amendment would eliminate points for siblings of U.S. citizens and points for individuals from low-sending countries from counting towards merit-based immigrant visas. Offered by Sen. Jeff Sessions (R-AL).

    6. In-person interviews for 11 million immigrants. Sure to slow down the process time for 11 million immigrants, an in-person interview would be required to determine one’s eligibility requirements for provisional legal status. Offered by Sen. Jeff Sessions (R-AL).

    7. Limits visas to South Korea. In an effort to force South Koreans to buy beef from the United States again, this amendment threatens to withhold E-5 visas from South Korea immigrants until the country removes its age-based import restrictions on beef. Offered by Sen. Chuck Grassley (R-IA).

    8. Enforces head-of-household deportation and causes family separations. Under the current bill, immigration judges have the authority to decline to deport individuals if they believe that the immigrant’s removal will result in hardship for his or her U.S. citizen child. This amendment would waive this judicial discretion and allow the deportation to occur. Offered by Sen. Chuck Grassley (R-IA).

    9. Prevents low-income undocumented immigrants from seeking legalization. The amendment would require individuals applying for provisional legal status to maintain regular employment and a “regular income or resources” above 400 percent of the poverty line (more than $92,000for a family of four). Under the current bill, immigrants must earn at 100 percent of the poverty line or show regular employment. Offered by Sen. Jeff Sessions (R-AL).

    10. Restricts visas for refugees. This amendment would prohibit individuals from applying for refugee and asylum status until one year after the Director of National Intelligence submits a review related to the Boston bombings to Congress. Offered by Sen. Chuck Grassley (R-IA).

    11. Allows for racial profiling. Would allow Federal law enforcement to take into account an individual’s country of origin when allowing them into the country. Offered by Sen. Chuck Grassley (R-IA).

    Finally, in a very Downton Abbey-esque move, Sen. Mike Lee (R-UT) filed an amendment to allow undocumented immigrants to be hired, but only as domestic workers, specifically including cooks, waiters, butlers, governessess, maids, valets, gardeners, footmen, grooms, and chauffeurs.

      1. If they are allowed to own assault rifles maybe they can count on the Obama administration to supply the bullets. See, Sen. Inhofe is advancing the theory that the Obama administration is buying up all the bullets, every single one, so no one else can get any, thereby disarming the American people without the need for legislation.  Inhofe, an actual Senator, not a blogger living in mommy's basement, is even proposing legislation to counter this plot.  An accusation that the guvmint plans to distribute these bullets to undocumented workers so only they and the govmint and maybe "urban" types (since the President is "urban")    will be armed while all good normal white people are rendered helpless, is  probably only an Inhofe TV appearance or two away.

         

         

  5. looks like Grassley and Sessions are the work horses here. The majority of their constituents just love this stuff but where does Rubio fit into all of this? 

    1. He doesn't. Reaching out in any way to Latinos doesn't fit n with this either. Demographics demand the GOP reach out to Latinos to survive as a national party. They can't do it. But they certainly seem determined to do as much harm as possible in the time they have left.

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