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NEWS FLASH

Ratings Agency Source: Boehner Plan Would Lead To Downgrade Of U.S. Debt, Reid Plan Would Preserve AAA Rating | Today on CNN, Erin Burnett reported that she spoke with an investor who talked directly with the credit ratings agency Standard & Poor’s. According to the Standard & Poor’s source, John Boehner’s debt plan would probably still lead to a downgrade of U.S. debt by the ratings agencies, raising interest rates for all Americans. Harry Reid’s plan, however, would preserve America’s AAA credit rating. Watch it:

Yglesias

Obama’s Speech

This was a very interesting speech in that I think it’s the very first time I’ve heard the President directly try to mobilize public opinion against his political opponents. I think progressives will find a lot to dislike in this speech but that, precisely, is what many on the left have spent years urging him to do. Use the bully pulpit and tell people to call their congressmen! I’ve always thought that was a pipe dream strategy that couldn’t possibly produce results. But maybe I’m wrong. Maybe lots of people will call. Maybe lots of members of congress will change their mind. But I doubt it.

NEWS FLASH

CBPP Analysis of John Boehner’s Plan | The Center on Budget and Policy Priorities concludes that if enacted, John Boehner’s debt ceiling plan “could well produce the greatest increase in poverty and hardship produced by any law in modern U.S. history.”

That sounds to me like something that would create strong incentives to not be poor and, indeed, to fully incentive richness. Consequently, we’ll have massive economic growth. Right?

Politics

BREAKING: Eric Cantor Admits That $1 Trillion In War Savings Counted In Ryan Plan, ‘Cut, Cap & Balance’ Plan

Today, Speaker John Boehner (R-OH) rejected Senate Majority Leader Harry Reid’s (D-NV) plan for raising the debt limit, claiming that it was full of gimmicks. Boehner’s principle criticism was that Reid’s plan counted $1 trillion in savings from winding down the wars in Afghanistan and Iraq.

In a remarkable interview on CNBC, Majority Leader Eric Cantor admitted to Larry Kudlow that both the House Republican budget and the “Cut, Cap, and Balance” Plan — which were both supported by nearly the entire GOP caucus — also counted savings from winding down the wars:

Cantor: Speaker Boehner came out months ago and said we are not going to increase the debt ceiling unless we have comensurate or even greater cuts in spending. Now Sen. Reid’s plan doesn’t do that. What Sen. Reid’s plan says is we’re going to raise the debt ceiling $2.4 trillion and we are also going to cut spending but what he does is counts over a trillion dollars in spending that is assumed to decrease and go away anyway which is the spending associated with the wars in Iraq and Afghanistan.

Kudlow: Yes, but isn’t that in the Paul Ryan baseline also, which is the baseline for Cut, Cap and Balance.

Cantor: But, but, but… absolutely it is.

Watch it:

Kudlow started the interview by posing the following question to Cantor: “What’s so bad about the Harry Reid plan? It looks very Republican to me.”

Justice

Mike Lee: I Want America’s ‘House To Come Down’ Unless Congress Votes To Rewrite Constitution

In an interview on MSNBC’s Hardball Monday evening, tenther Sen. Mike Lee (R-UT) admitted that he is using the threat of a catastrophic default to extort the nation into rewriting the Constitution to force a permanent era of conservative governance:

CHRIS MATTHEWS: How many days do you think we have, on the outside, to get this debt ceiling through before we have a problem? How many days?

LEE: I don’t know, maybe ten days.

MATTHEWS: Okay, in ten days you want to change the United States Constitution by two-thirds vote in both houses? That’s what you’re demanding.

LEE: Yes. If possible we can’t change the Constitution just in Congress but we can submit it to the states. Let the states fight it out.

MATTHEWS: And you think you’re being reasonable by saying you want a two-thirds vote in the House, which is Republican, and in the Senate which is Democrat. You want the Democratic Senate, by a two-thirds vote, to pass a constitutional amendment or you want the house to come down?

LEE: Yes. That’s exactly what I’m saying and I’ve been saying this for six months.

Watch it:

It’s important to note just what Lee wants the American people to swallow before he’ll agree not to set off an economic crisis that could cost millions of people their jobs. Lee’s proposed amendment makes it functionally impossible to raise taxes by imposing a two-thirds supermajority requirement — a provision closely modeled after the California anti-tax amendment that blew up that state’s finances. It would also require America to return to 1966 spending levels — spending cuts that are so steep they would have made every single one of Ronald Reagan’s budgets unconstitutional.

If Lee’s proposed cuts were imposed across the federal budget, every single senior would lose one quarter of their Social Security and Medicare benefits, and that’s just the beginning. Because Lee wants to write these draconian cuts into the Constitution, We the People will lose our power to overrule these cuts by electing different leaders.

So Lee wants to rewrite our Constitution to that the American people must always live under conservative governance, regardless of who they elect, and he’s got a simple plan to force his colleagues in Congress to make this happen. That’s a mighty nice economy we’ve got here, it would be a shame if Mike Lee had to break it.

Climate Progress

This Looks Like a Job for Solar PV: Heat Wave Causes Record-Breaking Electricity Demand

Here’s another strong case for more solar photovoltaics: Last week’s 30-state heat wave caused record-breaking demand spikes in three regional transmission systems, according to data from the Energy Information Administration. New York’s Independent System Operator came close — only 74 megawatts away from a 2006 record.

That record demand comes at an enormous cost. As power providers ramp up all the dirty, fossil-based “spinning reserve” capacity they have available, electricity prices shoot through the roof. In PJM, a transmission organization that covers the mid-Atlantic and some surrounding states, wholesale prices jumped to nearly 35 cents a kilowatt-hour. Today, the cost of solar electricity ranges anywhere from 12 cents to 30 cents per kilowatt hour — in some cases, potentially a third of what it costs to meet peak demand with conventional resources.

Read more

Alyssa

The Non-White Manic Pixie Dream Girl

I liked this Racialicious piece on possible black models for Manic Pixie Dream Girls — there is something weird about the whiteness of that particular archetype, and the whiteness of the archetypal men who desire her. But I think it’s actually overly optimistic to assume that what makes a woman a Manic Pixie Dream Girl is actually her own qualities. I don’t know that a character is a Manic Pixie Dream Girl because she wears a certain kind of clothes, be they thrift-store duds and kinte cloth or tea dresses, that she’s good at idiosyncratic activities, like playing acoustic guitar or running turntables, or that she will hook you up with certain activities, be it backstage parties or playing house at Ikea. I’m not even sure that this is quite it: “If the notion is that Zooey Deschanel is an unreal amalgam of white male fantasies, female rappers like Nicki Minaj may offer that for Black males.” After all, the point isn’t really that Zooey Deschanel is a supermodel sex kitten — she’s an anime character, a pliable blank with eyes as big as movie screens, perfect for a certain kind of male character to project all sorts of ideas and emotions across. Why Manic Pixie Dream Girls like what they like, or self-present the way they present, or are the way they are, is never interesting to the movies or television shows that they’re in.

I’m all for the idea that we need more diverse images of black people, and of black couples, on our screens. The problem with Tyler Perry is not that he tells the same story over and over again — lots of stories told by white writers and directors, with white stars, are hugely derivative. But it matters a lot less if 90 percent of those movies with white casts and white writers and white directors and white producers are derivative when hundreds of those movies come out every year. It might be better if all of those movies were original and fascinating, but even if you get 20 fairly original, thought-provoking movies every year, that’s enough to keep most moviegoers fairly occupied, and a reasonable number of white actors in interesting work. But when Medicine for Melancholy, or Love Jones, is a once-every-couple-of-years event, you don’t get a chance to build and explore new archetypes across multiple works in the same way the Manic Pixie Dream Girl has come together in a relatively short amount of time. Instead, you’ve got the same manichean old struggles about class and righteousness. Which is to to say that how race is lived across class lines, or the role of the church, aren’t important to folks, but they’re not the only things that are important to all folks.

In any case, if we’re going to get more nerds of color, more quirky non-white people, on our screens, we should shoot for archetypes that actually focus on what it means to like different things than your peer group, or to conceive of beauty differently, or to mature before, or after, the people around you, rather than to turn those differences and uniquenesses as totems on someone else’s spirit quest. More Oscar Waos and fewer Zooey Deschanels.

Security

CHART: Oslo Terrorist’s Manifesto Cited Many Islamophobic Bloggers And Pundits

Right-wing pundits and bloggers were quick to leap to judgement that the Norwegian terror attacks were the work of al-Qaeda or an Islamic terrorist. But the news that the attacker had blond hair and blue eyes and was inspired by right-wing “counterjihad” bloggers suddenly turned the tables on many of the bloggers and supposed “terrorism experts.”

Anders Breivik’s manifesto contains numerous in-text and footnoted citations to prominent Islamophobic bloggers, supposed experts on Islamic terrorism and think tanks claiming to be on the frontlines of battling Islam’s attacks on democracies.

Individuals cited in Breivik’s manifesto include: Center for Security Policy‘s President Frank Gaffney; “counterjihad” bloggers Pamela Geller and Robert Spencer; Investigative Project on Terrorism’s Director Steven Emerson; Middle East Forum President Daniel Pipes; and controversial historian Bat Ye’or.

Organization’s cited by Breivik include: the Foundation For Defense Of Democracies (FDD) and the Middle East Media Research Institute (MEMRI).

Also receiving mention were the Clarion Fund’s Islamophobic documentary “Obsession: Radical Islam’s War Against the West” and right-wing Pajamas Media. Here’s a chart highlighting the number of references:

While a citation in the manifesto is far from an endorsement of violence by those Breivik referenced, it is increasingly clear that the Islamophobic right-wing in the U.S. influenced his views.

Economy

Airlines Use FAA Shutdown As Excuse To Hike Up Ticket Prices

As ThinkProgress has been reporting, congressional Republicans forced the Federal Aviation Administration to partially shut down over the weekend over a series of anti-union demands. The FAA has been reauthorized without controversy more than 20 times, but this time, House Republicans insisted on including a provision that would make it harder for airline workers to join a union. The shutdown resulted in 4,000 employees being immediately furloughed, halted $2.5 billion in airport construction projects, and is costing the government about $200 million a week — or $61 per airline ticket.

But the shutdown has been good for some parties — namely, the airlines:

Airlines are tossing consumers aside and grabbing the benefit of lower federal taxes on travel tickets.

By Saturday night, nearly all the major U.S. airlines had raised fares to offset taxes that expired the night before.

That means instead of passing along the savings, the airlines are pocketing the money while customers pay the same amount as before.

American, United, Continental, Delta, US Airways, Southwest, AirTran and JetBlue all raised fares, although details sometimes differed. Most of the increases were around 7.5 percent.

By all accounts, the shutdown should have lowered ticket prices for consumers since the travel tax temporarily expired and airlines no longer have to give part of the money they collect to the government. Instead, airlines have used the shutdown as an excuse to raise prices. Airlines like US Airways that have hiked up prices declined to say whether prices will go back down if Congress revives the travel taxes.

A few airlines are passing the tax break on to consumers, including Virgin America, Frontier Airlines, and Alaska Airlines.

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