Knowledge is authoritarian, even in a democracy.

No one, not even the opportunist hacks of the Texas State Board of Education, can fiat this fact away.

Previously, here at Crib From This, I argued that the so-called "Believers" sitting on the Texas State Board of Education are actually nihilists. This time, I wish to demonstrate that the Texas State Board of Education curriculum overhaul reveals the inherent limits to the habitual over-inflated conservative indictment of 'big government'.

A friend of mine, whose politics are a good deal more conservative than mine, nevertheless is in complete agreement with me that the decision recently handed down by the Texas State Board of Education is embarrassing, wrong, bad for education, bad for the study of history, and bad for the students in Texas—and potentially elsewhere—who are finding themselves shat upon by a gang of anti-intellectual, self-centered and neo-secessionist spoiled brats.

Forget the Gospel of Low Taxes. The conservatives of the Texas Board subscribe to a hyper-culturally conservative brand of Dixiecrat Republicanism that has been forcing increasing numbers of middle class Republicans to look askance at the Grand Old Party of Abraham Lincoln that they thought they had known so well.

Interestingly, as one of those old-fashioned Libertarian-types—whose critique of federal government-overreach has to do with fairly subtle questions of commerce and jurisprudence, and not so much with a plot to take away his guns (especially because he doesn't have any guns)—my friend chalks the Texas folly up to of the the perils of centralized, majoritarian decree. In other words, he sees the disaster as issuing not so much from the fanaticism and ignorance of a gang of inbred would-be messiahs, but, rather, from the fact that Texas operates under a system in which a single school board has the power to make a mockery of an entire state's social studies curriculum with a snap of its Born-Again Christianist, Ayn Rand-praising fingers.* The old-fashioned GOP anti-'big government' critique.

I do have to give him credit for creativity. It is interesting to examine the connections between what Libertarians and old-fashioned economic conservatives of his type call 'Federalism' and what Alexis de Tocqueville described as the "tyranny of the majority." Tocqueville argued that, in order for the great American experiment of republican governance to be successful, the right of the minority to dissent must be protected at all costs:

Several particular circumstances combine to render the power of the majority in America not only preponderant, but irresistible. The moral authority of the majority is partly based upon the notion that there is more intelligence and wisdom in a number of men united than in a single individual, and that the number of the legislators is more important than their quality. The theory of equality is thus applied to the intellects of men; and human pride is thus assailed in its last retreat by a doctrine which the minority hesitate to admit, and to which they will but slowly assent. [...]

In my opinion, the main evil of the present democratic institutions of the United States does not arise, as is often asserted in Europe, from their weakness, but from their irresistible strength. I am not so much alarmed at the excessive liberty which reigns in that country as at the inadequate securities which one finds there against tyranny. an individual or a party is wronged in the United States, to whom can he apply for redress? If to public opinion, public opinion constitutes the majority; if to the legislature, it represents the majority and implicitly obeys it; if to the executive power, it is appointed by the majority and serves as a passive tool in its hands. The public force consists of the majority under arms; the jury is the majority invested with the right of hearing judicial cases; and in certain states even the judges are elected by the majority. However iniquitous or absurd the measure of which you complain, you must submit to it as well as you can. [...]

I do not say that there is a frequent use of tyranny in America at the present day; but I maintain that there is no sure barrier against it, and that the causes which mitigate the government there are to be found in the circumstances and the manners of the country more than in its laws. (Democracy In America, Book I, Chapter 15)

And, come to think of it, has it not been along this general line of thinking that the premise of "state's rights" has been defended?—from John Calhoun's championing of "nullification," to the South's moral justifications for Secession, to present-day slogans about the "tyranny of big government" among the Republican rank-and-file?

It would seem that the actions of the Texas Board would support this sort of critique of centralized authority, albeit viewing Texas as a microcosm of the federal government. In a way, it does. However, in another sense, it serves to undermine this very critique—or at least it points to spheres of human activity to which this critique cannot be said to apply.

The problem, as I have found myself saying recently, is that knowledge is not democratically constituted. Knowledge is, in a sense (and shall ever be), authoritarian. And, whatever it is that the Texas School Board might want the world to be, there's simply not much that can be done about that.

We cannot approach knowledge itself, for example, in the same way in which we approach law. For example, even Justice Antonin Scalia knows that you can't be a "strict interpretationist" of history. (It's ephemeral enough as a legal philosophy...)

This is not to suggest that knowledge can be linked definitively, directly or uncritically to specific human beings or organizations, or even to any specific source. The academic disciplines, for instance, are not and don't pretend to be that kind of authority. Quite to the contrary, disciplines are themselves sites of contestation and debate.

When 'experts'—whether they work for an academic institution or for the WMD Committee of the Project For A New American Century—misrepresent themselves, or misrepresent the knowledge in their field, or provide insincere, incomplete or tendentious interpretations of this knowledge, they are—to precisely the extent to which they engage in this behavior—not experts, but merely posing as experts.

In effect, in having pushed the politicization of the curriculum this far, the majority of Texas Board of Education members have exposed themselves not as pie-in-the-sky Fundamentalist Christian-idealists, nor even as Fundamentalist Christian-ideologues. They are simply hacks—up to their earlobes in the toilsome wretchedness of aimless resentment.

We bemused onlookers witness the superficiality of their understanding not only of history but of the political or ideological battles in which they believe themselves to be mired (to say nothing of the empty opportunism of their feigned interest n these subjects). They have taken caricatures of their 'opposition' with total earnestness. Moreover—and even more embarrassing than their threadbare understanding of history—is the sheer self-centeredness and self-entitlement with which they have seen fit to (mis-)interpret any and all 'inconvenient' political and educational tendencies that differ from their own.

Consider the following metaphor. In war, all factions of your opposition are united in at least one significant respect: they are all out to kill you and your fellow soldiers. For purposes of political propaganda and mobilization—the domain in which GOP-hireling Svengalis like Lee Atwater and Karl Rove so excelled—this war-style-worldview can yield some limited successes by fostering solidarity among differing factions within an alliance: the 'enemy' represents a hybrid of characteristics. It's a lowest-common-denominator enemy.

The effectiveness of this approach no longer holds, however, when you are making education policy, nor policy in any domain that deals with disciplines of knowledge and expertise. In this context, undertaking to right all the wrongs of your caricature/hybrid foe leads to disastrous consequences.

Foremost among them is that this foe does not exist.

In my next post, I shall conclude my discussion of the Texas State Board of Education's curriculum guidelines by taking up the questions: (i) Why should we even consider the board's bizarre actions to be "conservative"?, and (ii) When we tacitly accept the self-categorizations of these confused, theocratic would-be secessionists, aren't we letting them frame the debate?



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* The utter incompatibility of the pimple-faced-high-schooler's-simpleminded-version-of-Nietzsche pseudo-philosophy of Ayn Rand (who had zero use for god, religion and the like and said so frequently) with the tenets of Fundamentalist Christianity is an example of a phenomenon to which this post turns shortly: the caricatured/hybridized opponents that so often become invented in the course of forging such unlikely political alliances as the GOP cobbled together in the '80s, '90s and '00s. That is, before the GOP emerged, with the election of Barack Obama to the presidency, as the party of Southern Secession. Ye Olde Abe Lincoln is a-spinnin'-in-his grave. Probably Ye Olde John Brown is, too. (Return to the main text.)

Wow.

The blog Phuck Politics has brought to our attention the existence of a shocking but intelligently produced and enlightening video document of the so-called "9/12 Tea Party" protests in Washington DC. The video was created by something called New Left Media, and I'm telling you that it's worth watching.

For one thing, it's not just shocking but really really funny.



And also: infuriating. And also: sad.

One of the things that I think makes this video so excellent and informative is its tone and pacing. It has a distinct and consistent editorial voice, but this voice is not intrusive or partisan. Moreover, although ruthlessly candid, it does not go out of its way to mock or condescend to its subjects. This reflects good editorial judgment in that the subjects do a more than adequate job of hanging themselves with their own noose.

An effect of this good editorial judgment is that this piece manages to do more than simply give the viewer a headache. It actually reveals the confusion and ignorance of the vast majority of the protesters. While this doesn't necessarily make them sympathetic characters, it does leave you with a strong sense of the forces/interests that are misleading them and profiting off of their ignorance, their lack of education and their general superstitiousness.

Sure, these rednecks are dumb as rocks, but that's not what I find most frightening. What I find most frightening is that they lack common sense.

A heroic moment in conversation with the Deranged Right on health care.

Anecdote time.

Gypsy Sun and Rainbows, a longtime friend of Crib From This, recently found himself at one of his local watering holes, engaged in a political conversation with his

good friend who also happens to be rightist ideologue, who claimed that there was a provision in the Congressional/Obama Health Care reform proposal that allows for abortions of people up to fifteen years old. Whew!

Whew, indeed! But that's the kind of dissembling that is so incomprehensible that even the person who believes he believes it can't actually, at the end of the day, believe it.

I mean... Cause, how would that work, exactly? Kind of difficult to picture... That's what happens, Republicans, when you simply memorize talking points without actually thinking through what (or, for that matter, whether) they mean!!

But wait: It gets better! I give you, the Crib From This community, courtesy of Gypsy Sun and Rainbows, the Deranged Dixiecrat Right in its full glory:

Also, we were at a bar and a random drunk dude came to our table and my friend and he struck up a conversation and he happened to also be a rightist ideologue who predicted (with my friend) that Obama was leading the United States into the worst depression in history AND that we would have another Civil War within the next two years. Whew!

Yes, you read correctly. This man thinks that there's going to be another CIVIL WAR within the NEXT TWO YEARS! To which our correspondent, Gypsy Sun and Rainbows, responded, in the heroic moment to which our title refers:

When the guy brought up the Civil War thing, I said: "Yeah, if it happens, it will because of people like YOU."

YYYYEEEEESSSSS!!! And Gypsy Sun knocks one clean out of the park!!!

I think that I am not the only one for whom the Rightist rhetoric is increasingly alarming/disconcerting: Where does this venom and hatred come from? Why are so many people making themselves impossible to talk to? What's behind all this? Just incoherent hatred of taxes?

(Incoherent because Medicare, Medicaid & Social Security combined are currently by far the biggest national expense, and we are borrowing trillions of dollars from China to pay for it, instead of just taxing the Viagra-addled dicks off of those crusty old bastards!!! ["Greatest Generation," MY ASS!!!!?])

Just racism? Just propaganda about "socialism" and whatever? What the hell is behind this out-of-control turn that Rightist rhetoric has taken?

A few Right-wing apologists say: "These health care protests are no worse than the Left-wing protests during the lead up to the Iraq War!"

But that's a bit of a stretch, don't you think?

Why is it a stretch? Because nobody took those war protesters seriously. Tell me I'm crazy, but that seems fairly obvious to me.... Was there any moment during the run-up to Iraq upon which you recall thinking: "Maybe we're not really going to go to war??!!!"

No. The Iraq War was a done deal, long before it was even mentioned to the American People, and we all knew that at the time. The Right-wing anti-health care astroturf campaign, by contrast, threatens to derail the entire debate.

But, I repeat: What the hell is behind the disturbing militarization of Rightist rhetoric?

Gypsy Sun and Rainbows weighs in:

Yeah, kind of brings us back to our Sarah Palin debate. Since this health care stuff began, I think I am beginning to understand your concern [about the Right's increasingly ominous and irresponsible rhetoric]. Death Panels? It's been debunked, but people still believe it. Same with Obama's birth certificate thing.

Right. What I personally find alarming is the sheer number of people who seem to be obsessed fanatically with these kinds of bizarre things.

Now, admittedly, I've never exactly met these people, but from what you and some others have said, it seems like a lot of the people saying this type of thing are people of whom you'd expect different -- more sober and less hysterical -- behavior.

Fortunately, unlike the health care nut jobs, I gather that the "birthers," as people seem to be calling them, are not exactly ever going to have the numbers to make anybody have to care about their bullshit, which I think makes it unquestionably a GOOD thing for the Democrats and for Obama: Even though all of the rhetoric and posturing is extremely unsettling, it definitely helps keep the Republican't Party* submerged in its present untrustworthy/uneducated/fanatic/non-mainstream cesspool.

By the way, although by no means do I wish to legitimize these so-called 'birthers', I would like to point out that there is so much evidence out there at present of Obama's having been born in Hawaii that it is almost unbelievable that anyone -- even mentally unbalanced people -- could actually continue to harbor doubts about this.

Specifically, in addition to all of the other evidence, there are numerous clippings from different Hawaii newspapers announcing Obama's birth!

Click here to see one of them. Ha ha ha!! Are there people who actually see stuff like this and STILL BELIEVE that he wasn't born in Hawaii??



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* I just thought this up as I typed it. I'm sure I can't be the first. It's just too obvious.

The GOP fraternity's quandary:What to do about Rush?

The New York Times's Timothy Egan weighed in a couple of days ago on the apparent non-news story of the moment: a game of 'hot potato' being played among various factions of the Republican Party. The hot potato they're tossing back and forth is the grotesque, meaty melon of Rush Limbaugh. Below is excerpted Egan's blog entry on the subject, titled Fears of a Clown:

Once upon a time, you could drive to the most remote reaches of the United States and escape Rush Limbaugh. But from the Mogollon Mountains of New Mexico to the Badlands of South Dakota, where only the delicious twang of a country tune or the high-pitched pleadings of a lone lunatic came over the AM dial, there is now the Mighty El Rushbo.

As someone who spends a lot of time on the road, I used to find Limbaugh to be an obnoxious but entertaining companion, his eruptions more reliable than Old Faithful. But now that Limbaugh has become something else — the face of the Republican Party, by a White House that has played him brilliantly — he has been transformed into car-wreck-quality spectacle, at once scary and sad.

Behold:

The sweaty, swollen man in the black, half-buttoned shirt who ranted for nearly 90 minutes Saturday at the Conservative Political Action Conference. He reiterated his desire to see the president of his country fail. He misstated the Constitution’s intent while accusing President Obama of “bastardizing” the document. He made fun of one man’s service in Vietnam, to laughter.

David Letterman compared him to an Eastern European gangster. But he looked more like a bouncer at a strip club who spent all his tips on one bad outfit. And for the Republican Party, Limbaugh has become very much a vice.

Smarter Republicans know he is not good for them. As the conservative writer David Frum[*] said recently, “If you’re a talk radio host and you have five million who listen and there are 50 million who hate you, you make a nice living. If you’re a Republican party, you’re marginalized.”

Apart from a couple of unconvincing conclusions that Egan reaches later in the piece, this seems a pretty decent analysis of a current political/media sideshow (that I confess I haven't been following very closely). Egan correctly identifies the 'straw-man' technique that has for the last 20 years or longer been one of the GOP's most consistent and elegantly executed tactics. The key to pulling it off -- and the reason why the Democrats hadn't been any good at it in the pre-Obama era -- is doing it with a sense of humor. Why is a sense of humor so important?

Consider that in the past, Limbaugh-hatred was either (1) shrill and way too earnest or (2) holier-than-thou and self-congratulatory. The first tendency had the effect of expanding Limbaugh's power and influence because it rewarded him for cloaking his run-of-the-mill intellectual dishonesty in an aura of mischief and insouciance. This insouciance, at once contagious and 'empowering' to his audience, was applied to the task of caricaturing ever-more-outrageously various Democratic Party sacred cows (feminism, multiculturalism, political correctness etc.). This seemed a particular thorn in the side of the Democratic Party throughout much of the 90s (in fact, perhaps beginning with Michael Dukakis's failed 1988 presidential bid): the Dems were the squares, who -- in the eyes of many a country bumpkin and many a Wall Street trader alike -- didn't "get" it. In that era, the Dems allowed Rush to frame discourses in his own increasingly ludicrous (and, spiritually, racist and fascistic) terms. The Dems lacked the savvy to respond in a way that is disposed structurally to draw attention to the very 'straw man'-ness of his 'straw man' criticisms.
Circumstances have changed. It is this very savvy that the intuitive politician Barack Obama possesses in spades. Our new president wields this powerful weapon deftly, and thus, he exposes convincingly the hysterical patchiness of the rantings of Limbaugh and ilk, and he manages to do so in such a way as to charm your mother's pants off! The talent of the Republican Party for 'messaging' and propaganda has long been superior to that of the Democrats. But, ever since the majority of the public turned against the Iraq War, it's been painfully clear that its effectiveness has run its course.

The GOP sloganeering- and outrage-machine is fueled not on ideas but on sound-bites that serve as stand-ins for ideas. Once its pattern of rhetorical brinkmanship is exposed in all of its fraudulence -- as was done spectacularly in the aftermath of the invasion of Iraq -- there's no recourse to a coherent set of underlying principles or ideas. In other words, it, like Fox News, is all smoke-and-mirrors.

Obama knows how to deal with smoke-and-mirrors. All you have to do is pucker up and blow the smoke away. The Elephant will then see its own naked reflection. And it will be ashamed.

The second tendency that I outline above -- that of self-righteousness -- made the Democrats fall into the trap that their antagonist had set for them: that of embodying the very caricature that America's favorite squishy-necked pill-popper had spent all of his hate-energy expounding. This not only appeared to Limbaugh's audience to confirm the validity of what he was saying, but it simultaneously further endeared him to his fanatical audience. Remember: this is an audience that has lived through its Savior vicariously. Rush's audience couldn't help but take personally any and all insults/slights that were directed against him. His not inconsiderable talent is that of making his devoted listener feel that he has something at stake in Limbaugh's treatment among the chattering classes. The egomaniac's egomaniac, el Rushbo beckons his avid listener to see the world through Rush's beady eyes. As Limbaugh would have it, the politician or journalist who behaves dismissively toward Rush is, in fact, behaving dismissively toward them and 'their kind', however narrowly circumscribed this category (racially, for instance) might be.

Even worse for the Dems of the 90s: self-righteousness is the character flaw that conditions the ugly act of scolding, and the best way to provoke somebody's irrational fury against an amorphous 'enemy' -- especially when the somebody in question has an inferiority complex to begin with -- is to scold him.**

Now the GOP is at last forced to come to terms with its ideological incoherence, the fracturing of the myriad marriages of convenience that were holding together its recent political alliances. Inevitably, this involves lots of finger-pointing. And, sure enough, it is not now the Democratic Party, but indeed Rush Limbaugh who comes across both as shrill and as taking himself way too seriously. As Egan observes correctly, the Dems have done a masterful job of exploiting this situation, and are reaping considerable benefit. The vast majority of voters identify the Democratic Party as the party of competent adults.

True, it is primarily Obama's administration -- and not Congressional Dems -- that enjoys this deserved reputation. But with George W. Bush's parting gift, the economy, in a free-fall -- the unemployment rate, an astounding 8.1 percent, is the highest it's been in twenty-five years --, all of these idiotic "no" votes among Republicans on any and all Obama-sponsored stimulus or spending packages are likely to come back to bite the GOP in the ass.

The continuing series of callow, nakedly partisan whine-fests from the likes of House Majority Leader John "Indignant Hillbilly" Boehner contribute to the stiff scent that's in the air: that of a major political party marginalizing itself seemingly out of existence... The Democrats, as long as they don't fall back into the traps of moral righteousness, multiculturalism as practiced in the early 90s,*** and so-called political correctness, will continue to reap benefits from turning the spotlight in the direction of the GOP airing its own dirty-laundry.

Obama's Chief of Staff Rahm Emanuel, like him or hate him (why bother choosing?), is a good mouthpiece for talking trash about Limbaugh precisely because Emanuel's a dick and doesn't pretend otherwise. Counterintuitive as it might seem, the fact that there is obviously something calculated behind the Dems' going after Limbaugh is actually what makes it work so well. This is because it is precisely the interaction between calculation and execution that makes this and any non-news story so damned entertaining. It's like watching a baseball team pull off a sacrifice fly to score an RBI.

A brief note on moral righteousness. It is true that certain species of moral righteousness play a role in Obama's shtick, but that's not the part of his shtick that is in any way partisan. Obama reserves this righteousness for affirming values about which there is near-unanimity -- values that are no less significant for their universality.

Obama will denounce torture, for instance, but opposition to torture is still -- THANK GOD -- a defining moral principle held among the vast majority of Americans, the exceptions including some truly slimy, invidious creeps like William Kristol and Alan Dershowitz. Anyway, as long as Dems don't start to press so hard as to actually create sympathy for Limbaugh, they'll benefit from this approach.

Actually, I take that back. It occurs to me that as soon as things get to the point at which Limbaugh becomes an object of sympathy, his relevance is at that moment forever demolished.

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* For the record, while I'll concede that David Frum is probably a little bit smarter than Rush Limbaugh (although certainly nowhere near as successful -- by any measure), in no way should this be confused with acceptance of the completely fallacious notion that David Frum is smart.

** See Hitler, Adolph.

*** Mind you, I'm not against multiculturalism as such. I simply dislike some of the idiotic excesses that came along with it when middle school principals, etc., started getting their unenlightened paws on it. Uh, if that sounds a little wooden, I'll just say that I do actually espouse a principled criticism, but I'm not in the mood right now to go into the details of it.

CNN.com: "Moderates to blame for GOP losses, conservative leader says"

Ha! This is hilarious. On The News Hour with Jim Leher, David Brooks has been predicting that his crippled party will likely need to endure ten-to-fifteen years of working out the kinks before it's able to get back on its feet ideologically or politically. A conservative named Tony Perkins is already proving Brooks right:

Tony Perkins of the Family Research Council told CNN that conservatives need to take back control of the GOP if the party is to return to its winning ways.

"Moderates never beat conservatives. We've seen that in past elections," he said.

Rejecting suggestions that the conservative movement was viewed as being out of touch with the electorate, Perkins says the Republican Party needs to go back to basics.

"It's a return to fundamental conservative principles that Ronald Reagan showed work and that people can be attracted to," Perkins said. (Full article on CNN.com)

This is exactly the kind of dream-world nonsense Brooks is referring to. It's going to be very entertaining to watch from the sidelines as the GOP keeps this up! And as it continues to lose election after election after election....

Talkin' Dirty Secrets Keepin', Executive Branch Authoritarianism Pushin', Disaster Capitalism Evincin', Patriot Act Recallin', Bailout Blues!

Secretary of the Treasury Henry Paulson
("Hank" to his friends. So let's stick with Henry).

Q. Should Congress pass into law the $700 billion Wall Street bailout -- otherwise known as The Bailout, otherwise known as the Temporary Asset Relief Plan -- proposed by Secretary of State Henry Paulson (and supported, obviously, by all of the Bushies and the Federal Reserve Chairman Ben Bernanke), in its current form?

A. No, if estimates by Daniel Bruno Sanz, and numerous other experts, predict correctly what fate will befall the value of the not-so-Almighty US dollar. (i.e.: free fall) (Huffington Post).

A. No, because it's "an enormously expensive plan that doesn’t seem to address the real problem," according to Paul Krugman, in whose view Senator Chris Dodd's counterproposal is vastly superior, and which "has a real chance" of edging out Paulson's, due to the paternalism, arrogance and pushiness of Paulson's demand for full Executive Branch control, with zero oversight (more on this in a moment). (New York Times Web site)

You want full immunity from any & all future prosecution??
Say it ain't so, Henry. We thought you were different.

A. No, because, first and foremost, Paulson's proposal gives the Executive Branch FULL CONTROL over the allocation of the $700 billion, with ZERO OVERSIGHT and FULL IMMUNITY FROM OVERSIGHT AND EVEN PROSECUTION. Patriot Act, anyone? Just fucking read this sentence, for which some sneaky little fuck in the Bush Administration wins the Totalitarian Fascist of the Year Award (actually, let's just award it to Paulson; oh, and the boldface is mine):

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.

Yes. That day has really come, America, where your Executive Branch is actually saying: "Just hand over to us all of the control over everything, and just trust us, we'll fix everything behind closed doors. All we need is this $700 billion! Please just sign on the dotted line immediately."

If you're not angry, America, you should be. You respond: "But, I'm too busy to pay attention to this. I've got a job and a wife and a car and mouths to feed, and...." All the more reason you should be angry, America. All the more reason you should be angry....

Here's a taste of what Yves Smith, contributing to Naked Capitalism, which is a fantastic blog for those of us who are looking for straightforward explanations of the Bush Administration's economic shenanigans, has to say about it this sneaky little provision, in a post titled "Why You Should Hate the Treasury Bailout Proposal":

This puts the Treasury's actions beyond the rule of law. This is a financial coup d'etat, with the only limitation the $700 billion balance sheet figure. The measure already gives the Treasury the authority not simply to buy dud mortgage paper but other assets as it deems fit. There is no accountability beyond a report (contents undefined) to Congress three months into the program and semiannually thereafter. The Treasury could via incompetence or venality grossly overpay for assets and advisory services, and fail to exclude consultants with conflicts of interest, and there would be no recourse. Given the truly appalling track record of this Administration in its outsourcing, this is not an idle worry.

But far worse is the precedent it sets. This Administration has worked hard to escape any constraints on its actions, not to pursue noble causes, but to curtail civil liberties: Guantanamo, rendition, torture, warrantless wiretaps. It has used the threat of unseen terrorists and a seemingly perpetual war on radical Muslim to justify gutting the Constitution. The Supreme Court, which has been supine on many fronts, has finally started to push back, but would it challenge a bill that sweeps aside judicial review? Informed readers are encouraged to speak up.

Nouriel Roubini does not think it passes the smell test:

`He's asking for a huge amount of power,'' said Nouriel Roubini, an economist at New York University. ``He's saying, `Trust me, I'm going to do it right if you give me absolute control.' This is not a monarchy.''

A. No, because the proposal is fundamentally dishonest, and furthermore, would not work. Smith goes on to articulate a significant (and in a couple of respects, shocking) substantive (again, the boldface is mine) problem:

...The Treasury has been using the formula that it will buy assets at "fair market prices". As we have noted, there is simply huge amounts of cash ready to bottom fish in housing-related assets (we saw an estimate of $400 billion a couple of months ago). The issue is not lack of willing buyers; it's that the prospective sellers are not willing to accept prices that reflect the weak and deteriorating prospects for housing.....

...[T]he plan makes no sense unless the Orwellian "fair market prices" means "above market prices.".....Confirmation of our view came from a reader by e-mail:

I worked at [Wall Street firm you've heard of], but now I handle financial services for [a Congressman], and I was on the conference call that Paulson, Bernanke and the House Democratic Leadership held for all the members yesterday afternoon. It's supposed to be members only, but there's no way to enforce that if it's a conference call, and you may have already heard from other staff who were listening in.

Anyway, I wanted to let you know that, behind closed doors, Paulson describes the plan differently. He explicitly says that it will buy assets at above market prices (although he still claims that they are undervalued) because the holders won't sell at market prices. Anna Eshoo pressed him on how the government can compel the holders to sell, and he basically dodged the question. I think that's because he didn't want to admit that the government would just keep offering more and more.

I don't think that our leadership has been very good during this negotiation (or really, during any showdowns with this administration) at forcing the administration to own their position. If Paulson wants this plan, then he needs to sell it to the public, and if he sells a different plan to the public (the nonsense buying-at-market-price plan) then we should pass that. I'd rather see the government act as a market maker for the assets to get them transferred over to private equity firms and sovereign wealth funds and other willing holders. And if we need to recapitalize these companies, it seems like the cheapest way for the taxpayer is to go in and buy up the distressed debt and then convert that to equity.

So unlike the Resolution Trust Corporation, which took on dodgy assets which had fallen into the FDIC's lap due to the failure of thrifts, and the Home Owners' Loan Corporation, which was established in 1934 after the housing market had bottomed, this program is going to swing into action with the clear but not honestly disclosed intent of buying assets at above market prices when future markets and the analysts with the best track records on forecasting this decline (you can add Robert Shiller, CR at Calculated Risk, and Nouriel Roubini to the list) believe it has considerably further to fall.

A. No. But also, Naomi Klein warns us to be equally wary of alternative far-Right proposals, particularly those of Newt Gingrich, that seek to use this moment's crisis as an opportunity to shotgun through legislation that would push agendas of privatization, reverse what few social justice safeguards we may still recognize in this country, and -- of course -- to deregulate the private sector even further, including the repeal of the Sarbanes-Oxley Act. This is serious and twisted shit. Excerpt of Klein's piece, which draws upon her convincing theory of 'disaster capitalism' (Huffington Post):

I wrote The Shock Doctrine in the hopes that it would make us all better prepared for the next big shock. Well, that shock has certainly arrived, along with gloves-off attempts to use it to push through radical pro-corporate policies (which of course will further enrich the very players who created the market crisis in the first place...).

The best summary of how the right plans to use the economic crisis to push through their policy wish list comes from Former Republican House Speaker Newt Gingrich. On Sunday, Gingrich laid out 18 policy prescriptions for Congress to take in order to "return to a Reagan-Thatcher policy of economic growth through fundamental reforms." In the midst of this economic crisis, he is actually demanding the repeal of the Sarbanes-Oxley Act, which would lead to further deregulation of the financial industry. Gingrich is also calling for reforming the education system to allow "competition" (a.k.a. vouchers), strengthening border enforcement, cutting corporate taxes and his signature move: allowing offshore drilling.

Drill, Baby Drill! God damn, am I sick of the Grand Old Party. I mean, although I have always found his politics to be barbaric, its underlying principles deeply racist in character, in a weird way I have always found Newt Gingrich to be essentially a principled and intellectually honest man. (Keep in mind, this is in comparison to the majority of the bullshit artists of the Far Right.) Having said that, this is one of those moments in which I'd like nothing more than to punch him right smack dab in the middle of that fat, smug, pink, greasy cracker face of his.*

Newt Gingrich: "What about the plantation-owners??"

_______________
* What's gotten into me today?

Not the John McCain we used to know:Conservatives are beginning to dump him like milk that's gone sour.

With the unveiling of Sarah Palin as John McCain's running mate, there were a number of conservative journalists and commentators who expressed immediately everything from incredulity to shock to outright derision. And then there were those who gleefully whored themselves out to the cause of the GOP's latest desperation tactic, writing fawning, preposterous propaganda that pandered and condescended shamelessly to its readership. You know, par for the course when it comes to lying, fanatical GOP brown shirts...ahem..I meant brown-nosers with no shred of journalistic integrity to uphold in the first place.

With the passage of time, and particularly after the broadcast of her surreal interview with ABC's Charles Gibson -- during which she was revealed to be even more ignorant and dumb than we had feared previously* -- Sarah Palin's stock has continued to plummet, both among quote-ordinary voters-unquote and the more intellectually honestho members of the Republican pundit caste. One by one, each of these conservative journos -- the ones capable of speaking in complete sentences -- have thrown up their hands and admitted that the jig is up, this Palin thing is one pig that just won't fly. Among them:

• David Brooks, The New York Times, 9/15/08,
  
• David Cohen, The Washington Post, 9/17/08, and
  
• Through The Huffington Post, watch the ABC News This Week panel agree unanimously that, in light of his behavior since the financial crisis began, McCain's age is becoming an unavoidable problem, as are his judgment and character. Veteran ultraconservative George Will is the hardest of them all on McCain, saying, among other things: "John McCain showed his personality this week...and made some of us fearful," 9/21/08.
  

And now, they're joined by Republican politicians who tell the truth and recognize that it would be insanity to let that crazy woman continue to ruin our lives (I nicked that phrase from Gypsy Sun & Rainbows, [thanks, Gypsy Sun & Rainbows]), let alone sit within a heartbeat of the presidency. Among them:

• Senator Chuck Hagel, as reported by The Minneapolis Star-Tribune, 9/19/08.
• Congressman Wayne Gilcrest, as reported by Politico, 9/18/08.
  

[Updated 9/21/08]

____________

* And throughout which Palin came across as phony, hollow, opportunistic and dishonest. Not to mention self-centered, but we already knew that in spades.

A dialogue and two aphorisms:Cable 'news' = MTV for senior citizens.

I. *
John Cage: Human beings need to dream, and to dream always.

Thrasymachus: But it's against company policy to dream.

JC: [momentary silence]... Human beings need to dream, and to dream always.

T: But my employer would have me fired were I to engage in this activity. And yet, you say that human beings need to dream always.

JC: As to the statement about your employer, I can only take your word for it. As to the matter of human beings dreaming, yes. Human beings need to dream always.

T: Would you have me fired from my job?

JC: I would no more have you fired from your job than I would have you receive a promotion and a raise in pay. I would no more have you receive a promotion and raise in pay than I would have you drink your coffee with two lumps of sugar, rather than your usual one lump, during your morning coffee break: the coffee break that you take in the large foyer outside your office, in which you sit facing the same direction as the Rauschenberg painting that hangs in the foyer of the adjoining house .


II.
There's no sense in despair. This isn't to say that there's no sense in your having been led to despair. Quite the opposite! It remains, however, that there's no sense in despair.


III.
Cable news -- all of it: CNN, MSNBC, Fox News, Whatever Else -- is not news. But don't hate it for what it's not. Hate it instead for what it is: MTV for Senior Citizens.



* These do not represent the words or ideas -- real or imagined -- of the late John Cage. They are instead wholly the creation of our blogger. Same = true as regards the portrayal of Thrasymachus.

Thomas Frank on The Colbert Report

Thomas Frank discusses his new book The Wrecking Crew: How Conservatives Rule with Stephen Colbert, the latter in full-tilt on-screen persona mode. Frank: "What you have misunderstood, Stephen, is that the argument of the book is that conservatives suck."



Thomas Frank is unquestionably one of my favorite people: he's a great writer, he's funny as hell and his politics are exactly on the money. Most importantly, he takes the piss out of hypocrites and con-artists in a voice that updates the polemical stylings of the old-timey, mustachioed populists.

See his regular column in The Wall Street Journal 'The Tilting Yard', read his books, all of which are outstanding, and either recall fondly or discover afresh the grandeur that was/is The Baffler.