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Yglesias

Conservative Anti-European Rhetoric Reflects Distinctive Southern Attitudes

The fascinating finding in this dKos polling data on people’s attitudes to various locations that frequently serve as right-wing bogeymen is to some extent obscured by the presentation of all the cross tabs. This chart I made boils down the key facts that San Francisco, New York, Europe, and even the dread France are popular among the public at large and even Republicans at large but held in low esteem specifically in the South:

europefavorable.jpg

Way back in his 1998 Atlantic article “The Southern Captivity of the GOP”, Christopher Caldwell was warning that “the Republicans have narrowly defined ‘values’ as the folkways of one regional subculture, and have urged their imposition on the rest of the country.”

Like most articles describing why political parties are suffering from deep, structural flaws, Caldwell’s was ultimately undermined by the basic reality that events matter. A combination of poor ballot design, a compliant Supreme Court, and America’s moronic election system put George W. Bush in the White House despite the fact that most people didn’t want him to be president. Then 9/11 changed which issues people care about and led to GOP wins in 2002 and 2004. But you do see that pattern Caldwell identified coming into play a lot nowadays. It’s not really clear why you would think that “disdain for cosmopolitan cities and Europe” should be constitutive of conservatism, but it does seem to be a widespread element of the southern worldview, and it’s increasingly been adopted as the overwhelming posture of conservatism as such.

Economy

CNBC Mocks Elizabeth Warren, Tells Her To Stop ‘Breathing Down The Necks Of The Banks’

The Wall Street Journal reported today that the TARP’s Congressional Oversight Panel, chaired by Harvard Law Professor Elizabeth Warren, “is investigating the lending practices of institutions that received public funds, following a rash of complaints about increases in interest rates and fees.”

Reportedly, bailed-out banks like Citigroup and Bank of America are jacking up credit-card interest rates and fees on transactions. “The people who are subsidizing the activities of the banks through their tax dollars are the same people who are furnishing the high profits through consumer lending,” Warren said. “In a sense, we’re asking taxpayers to pay twice.”

While discussing the story, CNBC’s Dennis Kneale saw fit to mock Warren’s concern for taxpayers, and then tell her to stop “breathing down the necks of the banks” and “let these guys do what they need to do”:

My real problem is with Elizabeth Warren…She has been crusading against credit card companies for years. She thinks they’re evil…Don’t we already know that credit card companies charge you a ridiculous amount of money? I didn’t need contract legalese to tell me that. I already know that [...] This oversight committee breathing down the necks of the banksGovernment ought to get out of the banking business and let these guys do what they need to do to raise the money they need to raise.

Watch it:

Of course, Warren’s panel is tasked with overseeing the TARP, and verifying that taxpayers don’t get gamed by the very banks that they are bailing out. CNBC, meanwhile, has made a habit of defending oil speculators, outlandish bonuses for bailed-out Wall St. executives, and huge tax giveaways for the rich, so it’s not surprising that they’re siding with the banks on this one.

On another level, this whole episode is symbolic of the trouble with effectively nationalizing the banks without taking the requisite control. Now, the government is awkwardly positioned between an action that is good for the banks, but bad for taxpayers. As Aaron Task at Tech Ticker wrote:

This fee-issue speaks to the folly of having banks that are quasi-nationalized vs. either fully private or totally under government control.…[T]hey should be dealt with as insolvent banks have been for generations — put into FDIC receivership — rather than continuing this charade that certain banks haven’t already been nationalized.

How many headaches — from bonuses to hiked up interest rates — could have been avoided if the government had just exercised some control over the banks that it effectively owns?

Yglesias

GDP Per Family Versus Median Family Income

Lane Kenworthy, purveyor of the best policy-relevant charts on the internet but a disappointingly sporadic blogger, is doing a series of guest posts this week at Crooked Timber. I’m very much looking forward to it. His first post has this one:

whatstheproblem_figure2_version2.png

Whether or not you see this as a problem per se, it’s important to keep these facts in mind when thinking about where the United States stands in the world. For a long time, median income pretty much tracked a measure of per family GDP, so you could rely on the GDP growth rate as a decent proxy for the well-being of the typical family. But since the mid-1980s that relationship hasn’t really stood up. Another country with a lower GDP but less inequality could still be a country in which most people are richer than most Americans, and I believe there’s pretty compelling evidence that that’s now the case in a number of European countries.

Media

Cavuto: Fox Covered The Million Man March In 1995, Even Though The Network Didn’t Launch Until 1996

In the past week, Fox News and Fox Business host Neil Cavuto has been defending his network’s decision to aggressively promote the right-wing, lobbyist-funded tea party protests. Cavuto’s main line of defense has been that the network is “fair and balanced” in the protests it covers:

– Apparently, these populist protests don’t count much for them. Millions concerned they’re being taxed and feed to death counts even less for them. But a Million March March that turns out to be well shy of a million men — even half a million men — does count for them. We covered the follow-up marches to that Million Man March, because no matter the number, it was a big deal. [Fox News, 4/9/09]

– We do not pick and choose these rallies and protests. We were there for the Million Man March, even though, as I pointed out, it turned out to be well shy of a million men. [Fox Business, 4/11/09]

– Because like in the Million Man March, it didn’t turn out to be a million men, but it got covered. [Fox Business, 4/11/09]

– You seem to pick and choose what events and protests were worthy. Million Man March, worthy, even though it wasn’t a million men, it was half a million. We covered that because we thought it had a worthy message too. [Fox News, 4/8/09]

– But a Million March March that turns out to be well shy of a million men — even half a million men — does count for them. We covered the follow-up marches to that Million Man March, because no matter the number, it was a big deal. [Fox Business, 4/9/09]

Watch a compilation:

The problem, as News Hounds points out, is that the Million Man March took place on Oct. 16, 1995. According to the News Corp. website, however, Fox News did not begin operations until Oct. 7, 1996 — almost a full year after the March. Cavuto joined the network a few months before it launched — in July 1996. Before joining Fox, he was at CNBC.

Update

Check out Fox’s fair and balanced coverage of protests at the Democratic National Convention.

Yglesias

Change on Cuba Policy

250px_capitolionacionalhavana.jpg

Obama administration announced some steps today to begin moving our Cuba policy in a more sensible direction:

– Lift all restrictions on transactions related to the travel of family members to Cuba.

– Remove restrictions on remittances to family members in Cuba.

– Authorize U.S. telecommunications network providers to enter into agreements to establish fiber-optic cable and satellite telecommunications facilities linking the United States and Cuba.

– License U.S. telecommunications service providers to enter into roaming service agreements with Cuba’s telecommunications service providers.

– License U.S. satellite radio and satellite television service providers to engage in transactions necessary to provide services to customers in Cuba.

– License persons subject to U.S. jurisdiction to activate and pay U.S. and third-country service providers for telecommunications, satellite radio and satellite television services provided to individuals in Cuba.

– Authorize the donation of certain consumer telecommunication devices without a license.

– Add certain humanitarian items to the list of items eligible for export through licensing exceptions.

What they’ve done here, pretty clearly, is tightly target those measures where a clear case can be made that relaxing restrictions does much more to weaken the regime than anything else. That’s clever politics and probably a smart start. But the plain fact of the matter is that the whole embargo is based on faulty logic. Making the Cuban population as poor as possible isn’t going to bring democracy to the island, and the idea that a more prosperous Cuba could somehow become so prosperous as to pose a security threat to the United States is ridiculous. A Communist economy running without subsidies from the USSR is bound to be pretty poor no matter what, but there’s no reason for us to contribute to the situation.

Yglesias

Richard Burr’s Low Approval Ratings

richard_burr.jpg

I’ve been remarking for some time on how odd it strikes me that the bulk of Republican Senators representing states that Barack Obama carried in November seem to have no worries that blanket opposition to his agenda will hurt them at the polls. Now via Steve Benen, I Rob Christensen in the Raleigh News & Observer wondering if Richard Burr (D-NC) is going down to defeat: “Two statewide polls show Burr’s approval rating in the mid-30 percent range, regarded as a dangerously low number for an incumbent.”

That really is dangerously low. I have no idea what kind of candidates are out there to run against him, but mid-thirties is terrible for an incumbent in re-election cycle.

Meanwhile, you don’t seem to hear much about Kay Hagan, do you? But I suppose the same could be said for all the newly elected Senators. The newly appointed ones seem to have hogged most of the press.

Politics

Astroturf campaign uses fake letters from senior citizens to push for Medicare Advantage.

The Eagle-Tribune reports that a lobbying group hired by America’s Health Insurance Plans, a trade group for insurance companies, is waging a pro-Medicare Advantage astroturf campaign. The Dewey Sqaure Group, a consulting group founded by Democratic operatives, sent letters to the editor purportedly written by seniors urging support of the costly private Medicare plans, which the Obama administration plans to eliminate. However, some of these seniors had never written any such letters; a few didn’t even know what Medicare Advantage was:

A letter supposedly from Ana Abascal of Lawrence said she “wanted to express how important my Medicare Advantage health plan is to me and other fixed-income seniors in my community.”

But when contacted by The Eagle-Tribune, Abascal was shocked and concerned to learn someone was using her name on a letter to the editor. She did not know what the Medicare Advantage plan was.

The Eagle-Tribune writes that the “tip off” to the fake campaign came when a man who turned out to be a Dewey intern called the paper to check if a letter from Gloria Gosselin had been published, falsely claiming to be Gosselin’s grandson. (HT: Romenesko)

Yglesias

Avoiding Stimulus “Waste” Is At Odds With Stimulating the Economy

Alec MacGillis had a great piece in yesterday’s Washington Post making the point that all the effort being put into avoiding wasteful spending in the stimulus may itself be a waste of time. After all, the point of a stimulus program is to spend money, not to get things done with as little spending as possible:

“This plan cannot and will not be an excuse for waste and abuse,” President Obama declared last month, after he designated Vice President Biden the “sheriff” in charge of patrolling for misuse of stimulus funds. Sen. Susan Collins (R-Maine) has warned officials overseeing the money that “we must ensure that haste does not make waste” and that even minimal amounts of misspent money would be simply “unacceptable.” And California Gov. Arnold Schwarzenegger has appointed an inspector general to oversee “every single dollar” of the $50 billion flowing into his state.

Missing amid all these high-minded calls to protect taxpayer dollars is an awkward question: When the whole point of a major government spending program is to stimulate the faltering economy as quickly as possible, what exactly counts as “wasted” money? After all, if some stimulus cash is misspent — say an errant official or contractor buys himself a Cadillac or a Harley Davidson, only to suffer the full force of law — might not such fraud boost the economy more than if the cash languished in a law-abiding state account? All that monitoring, however well-intentioned, may undercut recovery by compelling officials to spend more slowly to avoid hearings, prosecution, or embarrassment in the media.

act_chris_mihm.jpg

We also learn that the “managing director for strategic issues at the Government Accountability Office” is named Chris Mihm just like the Lakers little-used reserve big man.

In defense of trying to stop stimulus waste, one could note that things like Arnold Schwarzenegger specially appointing an Inspector General to oversee California stimulus is itself a form of stimulus. But more seriously, the rationale for trying to do this rigorously is, I would say, macro-political rather than economic in nature. It’s not just that taking a stand against wasteful spending looks good. It’s that Barack Obama is governing at a time when the public has become much more open to progressive policy ideas and wants more in public services, but remains skeptical that government will, in practice, deliver services competently or effectively. Moving from stimulus to a broader progressive agenda requires overcoming that skepticism. And that means making sure that this very high-profile initiative get done with a minimum of waste or scandals.

These measures will, however, do something to diminish the efficacy of a stimulus bill that’s already almost certainly too small to really close the output gap anyway.

Politics

McCain To Hold Immigration Reform Fundraiser After Referring To Latinos As ‘You People’

mccain1.jpgOn Thursday, the New York Times reported that the Obama administration would begin working on comprehensive immigration reform this year, perhaps as early as May.

Sen. John McCain (R-AZ), who championed immigration reform years ago, is trying to reap a financial windfall out of the news. The Houston Chronicle reported yesterday that McCain’s Senate re-election finance chairman, Jason LaVecke, is planning a fundraiser for McCain after hearing about Obama’s interest in the topic. “My first mission is to raise enough money early to keep challengers out of (McCain’s) race,” LeVecke said:

Thursday morning the New York Times ran a front-page story announcing that the Obama administration would begin working on comprehensive immigration reform this year. By Thursday afternoon hundreds of Houston business leaders received e-mails urging them to join the effort — by bringing their checkbooks to a May 4 fundraiser here for Sen. John McCain.

The pitch ought to work. The Houston business establishment, led by the Greater Houston Partnership, is firmly on record for comprehensive immigration reform. The Houston economy is heavily dependent on immigrant labor, legal and illegal.

But when McCain thought Obama wasn’t taking the lead on immigration, he lashed out at the Hispanic community for voting for Obama. National Journal reported earlier this month McCain derogatorily referred to a group of Latinos as “you people.” “My hands were shaking,” one source at the event said. “I was nervous as no-end”:

McCain’s message was obvious, the source continued: After bucking his party on immigration, he had no sympathy for Hispanics who are dissatisfied with President Obama’s pace on the issue. “He threw out [the words] ‘You people — you people made your choice. You made your choice during the election,’ ” the source said. “It was almost as if [he was saying] ‘You’re cut off!”

McCain seems to be repositioning himself on immigration, or at least trying to. LeVecke said that he and McCain had “spoken about working with Senator (John) Cornyn to take leadership with regard to immigration reform.” In 2007, McCain told Cornyn, “F*ck you, John‘” when Cornyn criticized McCain for being absent from the immigration debate.

Of course, changing his tune on immigration is nothing new for McCain. During the Republican primary last year, McCain said he wouldn’t vote for his own immigration bill and repeatedly touted “securing the borders” before comprehensive reform. He then walked the fine line of criticizing undocumented immigration while supporting reform during the general election. (HT: Briefing Room)

Yglesias

On Covers

I said yesterday that I was inclined to think that the Pixies’ cover of “Head On” is better than the Jesus and Mary Chain’s original, but that “I always hesitate to claim that a cover is better than an original.” Minderbender replied “Calling bullshit on this one. Every time you mention an original/cover comparison, you come down on the side of the cover. See Nirvana/Vaselines.”

I’m flattered those posts were remembered! But of course the point is that the minority of covers that are arguably better than the originals are the most noteworthy ones, the ones you’re most likely to blog about.

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