Diary - Archive

Supreme Court Decision Shakes up 2012 Presidential Race; Poll Shows New Leaders

1/24/2010 4:47:00 AM

The recent Supreme Court decision upholding the right of “personhood” for corporations and unions, and allowing them unlimited spending in elections appears to have had an immediate effect on the next presidential contest in 2012.

 
Previous polls had shown Mike Huckabee leading the race for the Republican nomination, with Mitt Romney and Sarah Palin close behind. However, a poll conducted this week by the Presidential Polling Organization, shows a new leader: AT&T Inc. ExxonMobil is now in second place, followed by the National Rifle Association. Huckabee, Romney and Palin have dropped to single digits. In a robo-tweet sent out to 18 million Twitter users, AT&T said that it was gratified by the support of Republican voters and that this validated their decision to spend $1 billion on marketing so early in the campaign.
 
On the Democratic side, Barack Obama, who had been considered a shoo-in for the nomination, now finds himself 3 percentage points behind Goldman Sachs and in a tie with the International Brotherhood of Electrical Workers.
 
Jumping right into policy issues, AT&T issued a press release announcing its intention, if elected, to disband the Secret Service and replace it with Blackwater/Xe. Not to be outdone, Goldman Sachs announced that if it took over the White House, it would eliminate the Pentagon. The War in Iraq would be handed over to World Wrestling Entertainment, Inc. and the War in Afghanistan to the World Boxing Council (WBC). This decision caused great controversy, but it died away when Goldman Sachs promised Yemen to the World Boxing Association (WBA).
 
In response to the changed playing field, left-leaning progressives and right-leaning Tea Partiers held a joint press conference to announce the creation of a third party: the Traditional Human Being Party (THB), which will only nominate a candidate who “has a heart and/or sexual organs.”
 
AT&T and Goldman Sachs released their own joint statement, dismissing the THB as a “Walkman-era publicity stunt in an age of iPods,” adding, “Corporations have been running the country for decades anyway. The Supreme Court ruling just makes it easier.”
-David Wallechinsky
 

New Additions to AllGov 1/4/2010 5:29:00 AM

AllGov has added profiles of several Obama appointees, including ten ambassadors. Colombia has also been added to the Nations section.

 
Agency Heads
David Kappos-U.S. Patent and Trademark Office
Aaron Williams-Peace Corps
Daniel Yohannes-Millennium Challenge Corporation
Bob Abbey-Bureau of Land Management
David Matsuda-Maritime Administration
Daniel Elliott-Surface Transportation Board
Chuck Hagel-President’s Intelligence Board
David Boren-President’s Intelligence Board
Cynthia Quarterman-Pipeline and Hazardous Materials Safety Administration
Brenda Dann-Messier-Office of Vocational and Adult Education
Adam Namm-Bureau of Overseas Buildings Operations
Anne Ferro-Federal Motor Carrier Safety Administration
Patrick Fitzgerald-Defense Contract Audit Agency
Alexa Posny- Office of Special Education and Rehabilitative Services
Warren “Pete” Miller-Office of Civilian Radioactive Waste Management
Luis C de Baca-Office to Monitor and Combat Trafficking in Persons
 
Ambassadors
David Thorne-Italy and San Marino
David Huebner-New Zealand and Samoa
Cynthia Stroum-Luxembourg
Charles Ray-Zimbabwe
Bruce Oreck-Finland
Beatrice Wilkinson Welters-Trinidad and Tobago
Gordon Gray-Tunisia
Martha Campbell-Marshall Islands
 
Nation

 

10-Year Anniversary of the Bill That Led to the Current Economic Crisis 11/16/2009 5:27:00 AM

The legislation sounded innocuous enough: The Financial Modernization Act. But proponents, who included almost the entire U.S. Senate and the Clinton administration, were euphoric over the passage of the bill in November 1999 that revoked the Depression-era Glass-Steagall Act, and consequently helped lay the quicksand foundation that sunk the nation into the Great Recession less than 10 years later.

 
The Glass-Steagall Act, officially known as the Banking Act of 1933, separated commercial banks, those that held the deposits of everyday citizens, from investment banks that engaged in risky profit-making strategies. This separation protected depositors’ savings from the possible excesses of the investment banks, and it worked well for 65 years.
 
The Financial Modernization Act, or Gramm-Leach-Bliley as it came to be known, lifted the federal restrictions on banks using depositors’ money as capital for corporate investments and mergers and as collateral for risky loans. Supporters of Gramm-Leach-Bliley promised great things would come of deregulating banks. Then-Treasury Secretary Lawrence Summers said, “This historic legislation will better enable American companies to compete in the new economy,” and declared it would “benefit American consumers, business, and the national economy for many years to come.” Summers, who was painfully wrong in his assessment, is now the director of President Barack Obama’s National Economic Council.
 
Summers celebrated the repeal of Glass-Steagall with the likes of Congressman Jim Leach (R-IA) and Federal Reserve Chairman Alan Greenspan, along with lobbyists, staffers and reporters by drinking champagne and eating a cake decorated with the words: “Glass-Steagall, R.I.P., 1933-1999.” In July 2009, president Obama appointed Leach to be Chairman of the National Endowment for the Humanities.
 
But not everyone on Capitol Hill was happy with the repeal of Glass-Steagall. Senator Byron Dorgan (D-ND) said, “I want to sound a warning call today about this legislation,” which he added was “a financial swamp” and nothing short of “fundamentally terrible.” The late Sen. Paul Wellstone (D-MN) put it this way: “Glass-Steagall was intended to protect our financial system by insulating commercial banking from other forms of risk. It was designed to prevent a handful of powerful financial conglomerates from holding the rest of the economy hostage. Glass-Steagall was one of the few stabilizers designed to keep that from ever happening again, and until recently, it was very successful.”
 
A few other senators agreed with Dorgan and Wellstone, including Barbara Boxer (D-CA), Richard Shelby (R-AL), and Russ Feingold (D-WI). But opponents had no chance of preventing the act from passing because the momentum for “modernizing” the financial system was too great. The bill passed the Senate 90-8 and the House 362-57. President Clinton signed the bill on November 12, 1999. Less than nine years later, the risky and speculative practices that the repeal of Glass-Steagall unleashed led to the near-collapse of the U.S. economy and the bailing out of banks by U.S. taxpayers.
-Noel Brinkerhoff, David Wallechinsky
 
Deregulation Was So Much More Fun! By Kevin Connor, (LittleSis)
A Decade Without Glass-Steagall: Heckofa Job, Larry (by Tim Dickinson, Rolling Stone)

 

Obama Awarded Nobel Peace Prize for Not Being George Bush 10/9/2009 6:50:00 AM

The Norwegian Nobel Committee awarded this year’s Nobel Peace Prize to U.S. President Barack Obama, citing “his extraordinary efforts to strengthen international diplomacy and cooperation between peoples,” as well as his “work for a world without nuclear weapons.”

 
However, it is rumored that the official citation, when held up to a light, actually
 
1.      Commends Obama for not being George W. Bush
2.      Commends the American people for rejecting the presidential candidate who, in the most important decision of his life, chose Sarah Palin to be his vice-presidential running mate
3.      Commends Obama for pledging to engage in the sort of global diplomacy that was considered the norm for presidents of both parties before the presidency of George W. Bush
4.      Expresses the hope that the award will make Obama feel guilty enough to turn his fine words into action.
-David Wallechinsky

 

New Additions to AllGov 9/8/2009 5:31:00 AM

AllGov has added several nations and profiles of Obama appointees, including six ambassadors.

 
Nations
 
Agency Heads
William Taggart-Federal Student Aid
Julie Paradis-Food and Nutrition Service
Thelma Meléndez de Santa Ana-Office of Elementary and Secondary Education
Dave White-Natural Resources Conservation Service
Arturo Valenzuela-Bureau of Western Hemisphere Affairs
Kurt Campbell-Bureau of East Asian and Pacific Affairs
Rose Gottemoeller-Bureau of Verification, Compliance and Implementation
John Easton-Institute of Education Sciences
Kathleen Martinez-Office of Disability Employment Policy
 
Ambassadors
Mark Gitenstein-Romania                    
C. Steven McGann-Fiji, Tuvalu, Kiribati, Tonga and Nauru

 

New Additions to AllGov 8/14/2009 6:48:00 AM

AllGov has added profiles of several recent Obama appointees, including eight ambassadors.

 
Agency Heads
Jim Leach-National Endowment for the Humanities
Ray Jefferson-Veterans’ Employment and Training Service
Thomas Frieden-Centers for Disease Control and Prevention
Kathy Greenlee-Administration on Aging
H. Marshall Jarrett-United States Attorneys
Douglas Elmendorf-Congressional Budget Office
Kenneth Melson-Bureau of Alcohol, Tobacco, Firearms and Explosives
Eric Broderick-Substance Abuse & Mental health Service Administration
Liz Birnbaum-Minerals Management Service
Ted Strickland-Appalachian Regional Commission
 
Ambassadors
Donald Gips-South Africa
James B. Smith-Saudi Arabia
Nicole Avant-Bahamas
Donald Beyer-Switzerland and Liechtenstein

 

New Additions to AllGov 7/20/2009 4:50:00 AM

Three countries have been added to the Nations section of AllGov: Russia, Ukraine and Guatemala. We have also added profiles for ambassador nominees Miguel Diaz (Vatican City), Louis Susman, (United Kingdom), Laurie Fulton (Denmark), Tim Roemer (India), Charles Rivkin (France) and John Roos (Japan), as well as NASA administrator Charles Bolden, Max Cleland, chairman of the American Battle Monuments Commission, Chief of the Office of Protocol Capricia Marshall and Secretary of the Army John McHugh.

 

New Additions to AllGov 7/7/2009 6:48:00 AM

As President Obama and his cabinet members fill their teams, AllGov is adding profiles of the appointees. Among the latest additions: Michael Michener-Foreign Agricultural Service, Gregory Jaczko-Nuclear Regulatory Commission, Rocco Landesman-National Endowment for the Arts, Inez Tenenbaum-Consumer Product Safety Commission, Robert Blake-Bureau of South and Central Asian Affairs, Jon Huntsman-Ambassador to China, Peter Appel-Transportation Research and Innovative Technology Administration, David Stevens-Federal Housing Administration, Mary Patrice Brown-Justice Department Office of Professional Responsibilty, Jordan Barab-Occupational Health and Safety Administration (OSHA), Peter Rogoff-Federal Transit Administration, Jane Oates-Employment and Training Administration, Thomasina Rogers-Occupational Safety & Health Review Commission, Sandra Henriquez-Office of Public and Indian Housing, Jeffrey Feltman-Bureau of Near Eastern Affairs, Robert Groves-U.S. Census Bureau and Johnnie Carson-Bureau of African Affairs.

 

Sarah Palin: Next Stop Fox? 7/3/2009 4:25:00 PM

Speculation about the reason behind Sarah Palin’s surprise resignation as governor of Alaska has centered on her national political ambitions, possible unrevealed legal problems and maybe yet another pregnancy. More likely, Fox News or another TV network has made her an offer she can’t refuse.

 
Why settle for being the governor of a state with a population the size of Columbus, Ohio, when you can have triple the audience with your own show on Fox News? And why settle for the paltry salary of a state executive when you can make millions on television? When you’re a politician and you want to spend $150,000 on clothes, you get in trouble, but spend the same amount on clothes as a talk show host and it’s a legitimate tax write-off.
 
Let’s face it, being a government official is a hassle. Say something stupid and half the country makes fun of you. Say something stupid on television and your ratings go up. Punish your personal enemies and you’re accused of ethical violations. Do you same in the world of TV and you fit right in.
 
Good luck, Sarah. We’ll see you in prime-time.

 

Michael Jackson: A Photo to Remember 6/27/2009 6:01:00 AM

It was just by coincidence that I became acquainted with Michael Jackson. It was 1983 and my wife, Flora, was pregnant with our first child. Frequently, we ate at a vegetarian restaurant called The Golden Temple. Generally we went during the hours between lunch and dinner. There were few other customers during that time period, but there was one other regular: Michael Jackson. He had recently become a vegetarian, and he was fascinated to follow the progress of a vegetarian pregnancy. When our son, Elijah, was born in June, Michael was excited to see him. Once he asked me what it was like to be a father, and he told me that that was what he wanted most of all in life: to have a child of his own to take care of. Even then, there was something poignant about this man who had not been allowed to be a normal child himself wanting to be a father.

 
On February 18, 1984, when Elijah was eight months old, we took him to The Golden Temple. There were no others customers except Michael and his 13-year-old friend, Emmanuel Lewis, who was known to the world as “Webster.” Michael said that he wished he had a camera because he wanted his picture taken with Elijah. My wife had a camera in her bag, but no film. Michael suggested that she could get some film at a nearby drugstore and asked if he and Emmanuel could take care of Elijah while we waited. When Flora returned, Michael suggested various poses and she snapped a number of photos of Elijah with Michael and Emmanuel.  Michael asked for copies of the prints when they were developed.
 
Each of the photos turned out to be of interest, but there was one, of Michael holding Elijah in his arms, that stood out. Looking at it today, 25 years later, and seeing Michael’s bright look and clear smile, I can’t help but feel sad. He looked healthy, happy and untroubled. His album “Thriller” had caused a sensation. “Beat It” had been released only four days earlier. And ten days after that afternoon at The Golden Temple, he won eight Grammy Awards. When we next saw him at the restaurant just after his night of triumph, he was beaming, but he also seemed a bit embarrassed by his success.
 
I got a lot of mileage out of that photo of Michael Jackson and Elijah. Whenever I traveled, I brought with a packet of family photos. The Michael and Elijah photo was the last in the set, and when people got to it, they were usually stunned. Wherever I went, China, Russia, Burma, Tahiti, everyone recognized Michael Jackson. I have to admit that, as a journalist, I used it to put people at ease when I wanted to interview them.
 
As the years passed, Michael Jackson looked less and less like the Michael in the photo. His skin color changed; the shape of his nose and face changed; and that look of happiness and contentment disappeared.
 
Now that he is gone, I want to share that photo of Michael Jackson, from a time when he appeared to be at peace with himself and with the world. This is the way I want to remember him.
-David Wallechinsky

 
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