When I said this:This is also, in a way, the continuation of one way of reading neoliberalism: The privatization of profit and the publicization of risk. Only in this case, it's being done in the open - the risk is being publicized (that is, the bill is being footed by taxpayers) after things went bad.
I didn't think it would be taken so literally:WASHINGTON — The Bush administration on Saturday formally proposed to Congress what could become the largest financial bailout in United States history, requesting unfettered authority for the Treasury Department to buy up to $700 billion in mortgage-related assets.
...
A $700 billion expenditure on distressed mortgage-related assets would be roughly what the country has spent so far in direct costs on the Iraq war and more than the Pentagon’s total yearly budget appropriation. Divided across the population, it would amount to more than $2,000 for every man, woman and child in the United States.
All those political philosophy classes I took seem more relevant than ever right about now. Sadly, this is depressing, not exciting.
So I'll say to Bush what I refrained from saying to Hering yesterday: Fuck you.
... if the Dems fold/cave/go along on this one, there's no doubt I'm fucking voting for McKinney. This is insane.
Also, Atrios retains his ability to spell it out like no one else can:Again, the problem is that lots of bad loans were made, lots of people made highly leveraged investments in those bad loans, and still more people bet on those loans by insuring them. The loans are bad. The mortgages are not going to be repaid in full. Housing prices are not going to magically shoot up 50% over the next 6 months. People gambled and lost and now the Democrats are racing to bail them all out.
In case that I'm not being clear enough, what's happening is that the US government just proposed giving $700 billion to a bunch of companies that knowingly made bad deals. Crony capitalism doesn't even begin to describe it.
UPDATE: Atrios finds this bit in the text of the act submitted to Congress authorizing the spending:Decisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency.
Why anyone in their right mind is going to do anything but kick the ass of the folks who submitted this is beyond me. Nevertheless, I predict that Democrats will take this 'bill' seriously.
Saturday, September 20, 2008
Preznit takin your turkee
Posted by
Dennis
at
3:15 PM
0
comments
Labels: bizarro world, capitalism, democrats, political economy, public policy, republicans
Normally when people bury their head in the sand for so long, they suffocate
Shorter Hering: I can't be bothered to actually figure out what's going on with the financial system, so I'll just call for a return to the 1950s (and thereby conveniently avoid mentioning the political party responsible for this debacle).
My only consolation is that there are people writing for a national audience who actually pen stupider things. Not many, but they exist. Call it a silver lining.
Posted by
Dennis
at
1:03 AM
0
comments
Labels: Hasso Hering, money
Reproductive Health, Lebanon, the FBI, etc.
From the DH story on the loss of the building that housed the Lebanon Pregnancy Alternatives Center:The FBI says it is investigating the fire jointly with the Lebanon Police Department and has authority to do so under the Freedom of Access to Clinic Entrances (FACE) Act.
Now, at first glance, the name of that act sounds to me like it was written to guarantee access to - let's be honest - abortion clinics (pro-choicers are not exactly notorious for shaming anyone who enters churches, now are they?). Given that 'pregnancy alternatives center' is synonymous with 'anti-choice center that will do everything but provide actual reproductive health,' I was a little surprised that such an act would cover something like the LPAC in the way the FBI is claiming according to the story. So I looked up the act. Check this out:§ 248. Freedom of access to clinic entrances
(a) Prohibited activities.--Whoever--
....
(3) intentionally damages or destroys the property of a facility, or attempts to do so, because such facility provides reproductive health services, or intentionally damages or destroys the property of a place of religious worship,
So.... I think it's reasonable to conclude that whoever wrote this act wrote it to include so-called pregnancy alternatives centers, specifically Christian ones (are there any other kind?). After all, why the hell else would a reference to 'a place of religious worship' be in there?
And after all, it's not like such places actually provide meaningful reproductive health services beyond 'here is how to care for your baby once it's born'.
It's an interesting false equivalance, as well: Something like Planned Parenthood provides the full gamut of reproductive health services, including, I believe, information for those who want to remain abstinent and who want to carry to term. Something like the Lebanon Pregnancy Alternatives Center doesn't seem to provide birth control or even mention abortion, much less abortion referrals, as an option on their website (which I will not link to). Clearly, the two are not equal, yet they are treated as equivalent under this law, apparently.
Sketchy.
Posted by
Dennis
at
12:43 AM
2
comments
Labels: lebanon, reproductive health
Spontaneous Combustion
Clued in by LT's post, I went looking for a particularly bad Hering editorial. And I found it:It is a common refrain that Oregon high school students are not good enough in math. But most of us have no idea what we are talking about.
If we did know, we would probably shut up. Because most of us are no good at math either, at least some of the math that high schools try to teach in the junior and senior years.
...
Here’s the problem with math in 2008: Most people can get through life perfectly well after they forget whatever they learned in trigonometry and calculus. They forget it because they don’t need it.
You need no quadratric equations to work in most trades, professions and other service industries. You can be a production supervisor, a health care specialist, a real estate developer or a politician without knowing the first thing about the properties of conic sections or the zeroes of polynomials.
To say he misses the point is to be far more charitable than I feel at the moment.
Hey, Hering? It's the 21st century. Complaining isn't going to change that. Might as well get used to it.
I have never, ever seen someone write so much about themselves and pretend it's even remotely generalizable.
..... I'm going to stop here, because otherwise it's going to degenerate into me calling Hering all sorts of names not fit for a family blog such as this. Let's just say I agree with LT on this one: This is an insulting and idiotic editorial.
Posted by
Dennis
at
12:28 AM
0
comments
Labels: education, Hasso Hering, mathematics
Friday, September 19, 2008
[LCSD] A thought or two about the recall
Briefly:
If I'm Jim Robinson, and the board that wants to negotiate with me over my resignation stands a chance of losing the two members who dislike me most, why in the world would I agree to anything before I find out if said board members will be recalled or not?
Similarly, if I am Fisher, Shimmin or McUne, and I also know there's a chance that Alexander and Wineteer will be off the board in three weeks, I would be damn loathe to do anything that might end up in a lawsuit and/or have other consequences that I'd have to deal with, especially if it was started by the maybe-departing board members. At best, I'd want to own - literally and metaphorically - any decision that was made between now and October 7th, just in case.
In other words, it would seem prudent on the parts of everyone but the two facing the recall to put on the brakes until after October 7th. The opposite is true of Wineteer and Alexander, of course. They have every incentive to get as much of their agenda enacted before the vote as possible, on the chance they get recalled.
By the way, I have no frackin' idea how likely it is for the two to get recalled. I am aware of no relevant precedent, and no one's done any formal/scientific polling on this one. I do know that CARES is putting a lot of effort into this, and I don't know how much effort Wineteer and Alexander and their supporters are putting into opposing it.
Posted by
Dennis
at
10:19 AM
0
comments
Labels: LCSD
Dumb
From Columbia Journalism Review:The Associated Press retracted two government-issued photographs last night after a photographer in Texas alerted the agency that the photos in question appeared to be doctored.
Bob Owen, chief photographer of the San Antonio Express-News, notified the AP that the photos of two deceased soldiers, who died in Iraq on Sept. 14, were nearly identical. Upon examining the photos, Owens noticed that everything except for the soldier’s face, name, and rank was the same. The most glaring similarity, Owen told CJR, was that the camouflage patterns of the two uniforms were “perfectly identical.”
Apparently the Army did the photoshopping.
Via Majikthise.
Posted by
Dennis
at
10:19 AM
0
comments
Labels: the stupid
Can't. Stop. Laughing.
While I've been following the recent economic news with my usual mixture of glee and despair, I've also had one thought rattling around in my head just about non-stop the last few days, and it's time to get it out:
When the government buys* and owns things like AIG, it's textbook socialism. When the government announces an even bigger plan (and the AIG buyout cost taxpayers something like $85 billion!) to buy a lot of these failing assets, it's socialist to the core.
I hope the irony of that, and of how hard Republicans and so-called free market supporters are cheering for it, is not lost on anyone.
Also, see this point from Kevin Drum:...I will, of course, note for the record that if Uncle Sam can afford to spend a trillion bucks or so rescuing Wall Street, it would be nice if they could spend a trillion bucks shoring up all the poor saps losing their homes because they can't make the payments on those option ARMs they were talked into buying during the boom years. We could do it if we wanted to, and the risk wouldn't even be appreciably different from the Wall Street bailout.
Fifty bucks says anyone who brings this up on cable TV gets shouted down and called a Commie, the massive corporate bailout underway not withstanding. This is America, dammit. No one** gets a free ride!
UPDATE: This is also, in a way, the continuation of one way of reading neoliberalism: The privatization of profit and the publicization of risk. Only in this case, it's being done in the open - the risk is being publicized (that is, the bill is being footed by taxpayers) after things went bad. In that sense, it's a big FUCK YOU from political and economic elites to everyone else. We're all going to get our own piece of Big Shitpile©, and there's really nothing we can do about it.
*Obligatory disclaimer: For the purposes of this post, I am agnostic on whether or not the buyouts are a good thing. However, we should at least acknowledge that the so-called free-market capitalism touted for decades by the Republican Party would simply let all these companies fail. The fact that Bush, Paulson, Chris Cox and Ben Bernanke are diving in with both feet means that they don't believe the ideology they push, or are really, really dumb. I'm not ruling out the possibility of both being true.
**Unless you're under 12 years of age or worth more than, say, $500 million.
Posted by
Dennis
at
10:19 AM
3
comments
Thursday, September 18, 2008
[LCSD] Alexander's "public records request"
Also in my inbox this morning: correspondence between Mr. Alexander, Mr. Robinson, and the Linn County District Attorney's office regarding Mr. Alexander's request for copies of the "districts [sic] check register" before every board meeting:
Alexander's letter to the Linn DA requesting the same:
The Assistant DA's letter to Robinson:
Robinson's letter to the Assistant DA:
As was noted in the email to me, writing to the DA on November 2nd because one has not received the check register for October seems like jumping the gun. It's entirely possible the financial records for the previous month had not been reconciled at that point.
In any case, Alexander also said this in his statement:Twice I had to ask the District Attorney to intervene and obtain supposedly public documents.
Technically true, though I think the additional context of seeing just what he was asking for, at least in the one case, is useful. Although, it's possible that Robinson was going to send the October register along anyway, and simply hadn't yet - I just don't know. Frankly, I'm not even sure what asking for the just the check register is good for. There's a lot more that needs to go along with it to make sense of the district's financial records.
To me, it would seem more prudent to ask for a meeting with the District's Finance Director and have that person explain the budget and monthly expenditures, then ask questions or look directly at the check register if one is not satisfied with the answers. But that's just me.
The other thing I want to note about these documents is that there are multiple spelling and grammar errors in both (rather short) documents sent from Mr. Alexander. I don't care what level of education Alexander has or doesn't have, or whether or not he was actually using a typewriter (it looks like it to me, at least on the letter he sent to the DA); there is no excuse for that.
Posted by
Dennis
at
12:05 PM
1 comments
Labels: LCSD
[LCSD] Information!
My inbox had some interesting stuff in it this morning. First, a graph showing the dropout rate for LHS for the last ten years:
Rick Alexander's statement opposing his being recalled:School performance is down; drop outs and transfers remain high.
"High," of course, is a relative term. It would be perfectly within the realm of reason to suggest that Alexander believes that 4.6% is still too high, even though it is less than half of what it was a decade ago. However, the use of the word "remain" suggests he doesn't believe it's falling.
You can draw your own conclusion about how informed Mr. Alexander is about the number of students who are dropping out.
Posted by
Dennis
at
12:05 PM
0
comments
Labels: LCSD
Tuesday, September 16, 2008
[LCSD] Recall Statements for Wineteer and Alexander
These things are pissing me off not as truthful as they could be. I'm going to fisk annotate them (I'm nowhere near Robert Fisk's level of ability). Italicized comments in brackets are mine.
I will say that I have retyped these, and while I hope any mistakes are in the original, there is a possibility they are mine.
Josh Wineteer's statement noting his opposition to being recalled:Voters concerned about poor school performance, demoralized teachers and an unaccountable administration elected me [and I have failed to buoy teachers and achievement has increased under my nose despite my best efforts]. The recall petition is full of distortions, half-truths and innuendo. [Oh, good line. Too bad he's both wrong and fails to offer any evidence of his claim. From what I've seen, the recall petition was pretty accurate.]
I voted last year with colleagues Alexander and Shimmin to nonrenew Superintendent Robinson. I asked hard questions about abysmal school performance that administrators can't or won't answer - including the high school math "emergency" just declared. [Speaking of half-truths - Wineteer is only aware of the math situation because of a parent. He was not asking hard questions before this - he wasn't asking any questions about school performance at all! Even now, I haven't seen him ask the most obvious question of all: What is happening in other districts, and what are other districts doing about it? Wineteer doesn't seem to know or care.]
True to form, administrators refused at a recent public meeting to allow parents - almost 50% of whose children are failing algebra 1 and may not graduate - to speak. [Again with the half-truths. Parents were not given a chance to speak to the whole group, but were given a chance to speak in small groups. And Wineteer had a hand in hiring Finch! And a 47% failure rate in one trimester is not 50% of parents, which is what Wineteer's written word implies, whether he intended it or not. Furthermore, the 'may not graduate' line is pure fear-mongering.]
Time is running out on our children who deserve a quality education that will prepare them for college and beyond.
By standardized tests and many other measures school performance is inexcusably low. [Really? WHAT OTHER MEASURES, JOSH. NAME THEM. I'm not disagreeing that performance can and should be better, but I would love to see what other metrics he's referring to here. I think he's stretching the truth, because the only other things I can think of are in-district assessments, which are arguably standardized tests, and grades.] Central office and high school administrative staffs are bloated, diverting needed dollars from the classroom. [The high school? Bloated staff? Yeah? NAME THEM. Go ahead. That's right - he can't, unless he actually thinks they need fewer administrators, which would be incredibly dangerous.] The status quo fails kids and thwarts change. [What, like several years of two school board members trying to get rid of a Superintendent, to the detriment of students? That status quo?]
Eliminating independent school board members who press for change will not turn this district around. Thank you for your support. [Josh, are you implying McUne, Shimmin or even Fisher aren't independent? It seems to me all five of you are independent. Independence - from what, anyway? - isn't issue here. Your failure to do your duty as an elected school board member is the issue.]
Rick Alexander's statement opposing his recall:I was elected on the premise of open and accountable government. The peoples [sic] business should be conducted in public view. [Interestingly, I am not to dispute that Alexander thinks he's seeking this. He is just abysmal at it. As well, the statement is belied by his years spent adding things to the agenda at the last second and then wanting to vote without any public discussion. That's neither open nor accountable, nor is it in public view, unless you think the Korner Kitchen Kounts. It doesn't.] As a board member I asked some tough questions and alarmed powerful special interests. [Does he think he's in the US Senate, for fuck's sake? "Powerful special interests?" "Tough questions?" Alexander's questions are tough to answer because they rarely make sense - and I am at most board meetings to try and hear them. Again, I'm not going to dispute his intent, at least not on this, but if his intent was really to ask hard question, he is terrible at it.] I am an elected official [yes, Rick, this is why you are being recalled. That doesn't happen to appointed officials. Congratulations.], but I can't get answers to many of my inquiries. [I would like to know what inquiries he's referring to. It's certainly possible this is true, but again, I'm skeptical of his ability to ask the right questions - or his willingness to read the documents he gets in response to his questions. 'Bull in a china shop' is not a compliment here.] Twice I had to ask the District Attorney to intervene and obtain supposedly public documents. [I am going to assume he's talking about Freedom of Information Act requests, and that he's being honest. However, that's not a reason to not recall him. Whoops.]
The recall petition was a mixture of half-truths and innuendo. [Where I have heard that before?] School performance is down; drop outs and transfers remain high. [I was told today that all three of these statements are at best exaggerations, and at worst actually provably false - especially the drop-out rate, which I was told has dropped from roughly 11% to under 5% in the last decade or so.] Morale is low [take some responsibility, dude!]; teacher turn-over is high. [Higher than average? Higher than comparable districts? If true, why? Can we get a reason, at least an attempt to link it to something, anything? No? OK, but without something, there's no reason to believe you when you inevitably point the finger at Robinson.] We have lost millions to mismanagement. [And when were you going to clue the rest of the world in to this amazing discovery? Is it perhaps because it has all the provability of a Sarah Palin campaign claim - that is to say, none?] These problems demand that we reconsider the Superintendent's leadership. [I actually like this line, rhetorically speaking.]
The opposition actually paid people to collect recall signatures, which is a first in Linn County history. I serve with no salary and have no economic ties to the district, yet people in the shadows are willing to pay to banish me. [Oh, good writing! Too bad the major donors were named in the DH, and too bad the two things aren't really related, and too bad Alexander fails to acknowledge that many people do not want to be named as opposing Alexander for fear of harassment - I know, I know, people say the same thing about Robinson, but since Alexander is going to talk about his opposition, I'll stick to that for now.] As a voter, you have a choice. [Good. Yes. Frame it truthfully.] The status quo, which is failing our kids, or support a fellow citizen whose sole objective is open, accountable [Oh! Off the rails! No! Bad Rick!] government and educational excellence. I will stand up for our students and against the special interests. Just send me back into the fight.
PLEASE VOTE.
Look, the most charitable thing I can say about these two statements is that it's entirely possible that Mr. Alexander and Mr. Wineteer believe every word of what they are saying.
That doesn't change the massive gap I see between their statements and their actions, but it does offer an explanation.
A slightly less charitable way of explaining things would be to note that both are making a cynical ploy to the public, relying on the fact that their supporters simply won't believe any evidence offered in opposition, regardless of the source. Or that they both believe they can lie to the public and there isn't enough time between now and the election to get hit with the backlash.
Come to think of it, that sounds a lot like what's happening with the McCain/Palin campaign - they can lie with impunity, because many of their supporters choose to ignore the word of experts or the press when that word contradicts what the campaign says. Alexander has convinced many of his supporters (not without help from Robinson) that the District Office can't even be trusted to provide basic facts.
Heck, Alexander even stole some stale political rhetoric: "Tough questions" and "powerful special interests."
As an aside, let me note that the phrase "special interests" is a simplistic form of what's called a political dog whistle - it is a reference that provokes a near-Pavlovian response in some people and means different things to different crowds. The fact that the phrase 'special interests' is, in and of itself, devoid of meaning doesn't matter (in fact it is essential) - it is the response in the person who hears it that indicates that the goal has been achieved. Think about it: Special interests are never really defined as anything but a group the listener doesn't like. Certainly Alexander never defines them; he lets the reader decide for themself what they are, which is really convenient; the reader can just plug in whatever group is disliked and convince themselves that Alexander is working against that group. No facts ever need enter into the process. And it can mean something different to everyone who hears it.
At any rate, what remains is that I don't see how those statements bear much resemblance to reality - and, more importantly, neither of them do anything to convince me that Alexander or Wineteer (especially Alexander) are qualified to sit on the school board. Alexander can spin himself as a noble public servant all he wants, but the fact remains that he's been near-piss-poor in his elected position for years. Wineteer is hardly better.
As a rule, I try to offer multiple side of an argument and not refrain from pointing out mistakes where I see them based on the person making them. Certainly I think Robinson has made his share (and Finch is apparently trying to top Robinson in the 'perceived poor communication' department). But, as I've said before, Alexander and Wineteer are not good school board members. They do not even have the credibility to get rid of Robinson. There is no reason to keep them on the school board - remember, they can be replaced with people who really do ask hard questions of the District, but who also bother to read the documents provided by them and learn how to use Robert's Rules of Order, and can understand that legal advice is not given at random, or - gasp! - for whom 'accountability' is not synonymous with 'gotcha'. [Actually, Wineteer has been a lot better since he became Chair and the recall effort was announced. Maybe he's learning.] It's not some strange either/or where Alexander is on one end of the see-saw and a literal tool is on the other. Promise.
Commence flaming.
If I have time tomorrow, I will try and post the recall statements in full, without my comments.
I will also try and find time to address the math question a bit more - someone, I believe from CARES, was passing out data at the school board meeting, and I got my hands on it. No promises, though.
Posted by
Dennis
at
10:31 PM
19
comments
Labels: LCSD