The Ledes

Friday, September 6, 2024

CNBC: “The U.S. economy created slightly fewer jobs than expected in August, reflecting a slowing labor market while also clearing the way for the Federal Reserve to lower interest rates later this month. Nonfarm payrolls expanded by 142,000 during the month, down from 89,000 in July and below the 161,000 consensus forecast from Dow Jones, according to a report Friday from the Labor Department’s Bureau of Labor Statistics.”

New York Times: “Colin Gray, the father of the 14-year-old accused of killing two teachers and two students at his Georgia high school, was arrested and charged on Thursday with second-degree murder in connection with the state’s deadliest school shooting, the Georgia Bureau of Investigation said. In addition to two counts of second-degree murder, Mr. Gray, 54, was also charged with four counts of involuntary manslaughter and eight counts of cruelty to children, according to a statement. At a news conference on Thursday night, Chris Hosey, the G.B.I. director, said the charges were 'directly connected with the actions of his son and allowing him to possess a weapon.'” At 5:30 am ET, this is the pinned item in a liveblog. ~~~

     ~~~ CNN's report is here.

The Wires
powered by Surfing Waves
The Ledes

Thursday, September 5, 2024

CNBC: “Private sector payrolls grew at the weakest pace in more than 3½ years in August, providing yet another sign of a deteriorating labor market, according to ADP. Companies hired just 99,000 workers for the month, less than the downwardly revised 111,000 in July and below the Dow Jones consensus forecast for 140,000. August was the weakest month for job growth since January 2021, according to data from the payrolls processing firm. 'The job market’s downward drift brought us to slower-than-normal hiring after two years of outsized growth,' ADP’s chief economist, Nela Richardson, said. The report corroborates multiple data points recently that show hiring has slowed considerably from its blistering pace following the Covid outbreak in early 2020.”

The New York Times' live updates of developments in the Georgia school massacre are here, a horrifying ritual which we experience here in the U.S. to kick off each new School Shooting Year. “A 14-year-old student opened fire at his Georgia high school on Wednesday, killing two students and two teachers before surrendering to school resource officers, according to the authorities, who said the suspect would be charged with murder.” ~~~

     ~~~ Marie: I heard Georgia Gov. Brian Kemp (R) speak during a press conference. Kemp is often glorified as one of the most moderate, reasonable GOP elected public officials. When asked a question I did not hear, Kemp responded, "Now is not the time to talk about politics." As you know, this is a statement that is part of the mass shooting ritual. It translates, "Our guns-for-all policy is so untenable that I dare not express it lest I be tarred and feathered -- or worse -- by grieving families." ~~~

~~~ Washington Post: “Police identified the suspect as Colt Gray, a student who attracted the attention of federal investigators more than a year ago, when they began receiving anonymous tips about someone threatening a school shooting. The FBI referred the reports to local authorities, whose investigations led them to interview Gray and his father. The father told police that he had hunting guns in the house, but that his son did not have unsupervised access to them. Gray denied making the online threats, the FBI said, but officials still alerted area schools about him.” ~~~ 

     ~~~ Marie: I heard on CNN that the reason authorities lost track of Colt was that his family moved counties, and the local authorities who first learned of the threats apparently did not share the information with law enforcement officials in Barrow County, where Wednesday's mass school shooting occurred. If you were a parent of a child who has so alarmed law enforcement that they came around to your house to question you and the child about his plans to massacre people, wouldn't you do something?: talk to him, get the kid professional counseling, remove guns and other lethal weapons from the house, etc.

Help!

To keep the Conversation going, please help me by linking news articles, opinion pieces and other political content in today's Comments section.

Link Code:   <a href="URL">text</a>

OR here's a link generator. The one I had posted died, but Akhilleus found this new one that he says is easy to use.

OR you can always just block, copy and paste to your comment the URL (Web address) of the page you want to link.

Note for Readers. It is not possible for commenters to "throw" their highlighted links to another window. But you can do that yourself. Right-click on the link and a drop-down box will give you choices as to where you want to open the link: in a new tab, new window or new private window.

Thank you to everyone who has been contributing links to articles & other content in the Comments section of each day's "Conversation." If you're missing the comments, you're missing some vital links.

New York Times: “Hvaldimir, a beluga whale who had captured the public’s imagination since 2019 after he was spotted wearing a harness seemingly designed for a camera, was found dead on Saturday in Norway, according to a nonprofit that worked to protect the whale.... [Hvaldimir] was wearing a harness that identified it as “equipment” from St. Petersburg. There also appeared to be a camera mount. Some wondered if the whale was on a Russian reconnaissance mission. Russia has never claimed ownership of the whale. If Hvaldimir was a spy, he was an exceptionally friendly one. The whale showed signs of domestication, and was comfortable around people. He remained in busier waters than are typical for belugas....” ~~~

     ~~~ Marie: Oh, Lord, do not let Bobby Kennedy, Jr., near that carcass.

New York Times: Botswana's “President Mokgweetsi Masisi grinned as he lifted the diamond, a 2,492-carat stone that is the biggest diamond unearthed in more than a century and the second-largest ever found, according to the Vancouver-based mining operator Lucara, which owns the mine where it was found. This exceptional discovery could bring back the luster of the natural diamond mining industry, mining companies and experts say. The diamond was discovered in the same relatively small mine in northeastern Botswana that has produced several of the largest such stones in living memory. Such gemstones typically surface as a result of volcanic activity.... The diamond will likely sell in the range of tens of millions of dollars....”

Click on photo to enlarge.

~~~ Guardian: "On a distant reef 16,000km from Paris, surfer Gabriel Medina has given Olympic viewers one of the most memorable images of the Games yet, with an airborne celebration so well poised it looked too good to be true. The Brazilian took off a thundering wave at Teahupo’o in Tahiti on Monday, emerging from a barrelling section before soaring into the air and appearing to settle on a Pacific cloud, pointing to the sky with biblical serenity, his movements mirrored precisely by his surfboard. The shot was taken by Agence France-Presse photographer Jérôme Brouillet, who said “the conditions were perfect, the waves were taller than we expected”. He took the photo while aboard a boat nearby, capturing the surreal image with such accuracy that at first some suspected Photoshop or AI." 

Washington Post: “'Mary Cassatt at Work' is a large and mostly satisfying exhibition devoted to the career of the great American artist beloved for her sensitive and often sentimental views of family life. The 'at work' in the title of the Philadelphia Museum of Art show references the curators’ interest in Cassatt’s pioneering effort to establish herself as a professional artist within a male-dominated field. Throughout the show, which includes some 130 paintings, pastels, prints and drawings, the wall text and the art on view stresses Cassatt’s fixation on art as a career rather than a pastime.... Mary Cassatt at Work is on view at the Philadelphia Museum of Art through Sept. 8. philamuseum.org

New York Times: “Bob Newhart, who died on Thursday at the age of 94, has been such a beloved giant of popular culture for so long that it’s easy to forget how unlikely it was that he became one of the founding fathers of stand-up comedy. Before basically inventing the hit stand-up special, with the 1960 Grammy-winning album 'The Button-Down Mind of Bob Newhart' — that doesn’t even count his pay-per-view event broadcast on Canadian television that some cite as the first filmed special — he was a soft-spoken accountant who had never done a set in a nightclub. That he made a classic with so little preparation is one of the great miracles in the history of comedy.... Bob Newhart holds up. In fact, it’s hard to think of a stand-up from that era who is a better argument against the commonplace idea that comedy does not age well.”

Washington Post: “An early Titian masterpiece — once looted by Napolean’s troops and a part of royal collections for centuries — caused a stir when it was stolen from the home of a British marquess in 1995. Seven years later, it was found inside an unassuming white and blue plastic bag at a bus stop in southwest London by an art detective, and returned. This week, the oil painting 'The Rest on the Flight into Egypt' sold for more than $22 million at Christie’s. It was a record for the Renaissance artist, whom museums describe as the greatest painter of 16th-century Venice. Ahead of the sale in April, the auction house billed it as 'the most important work by Titian to come to the auction market in more than a generation.'”

Washington Post: The Folger Shakespeare Library in Washington, D.C., which houses the world's largest collection of Shakespeare material, has undergone a major renovation. "The change to the building is pervasive, both subtle and transformational."

Contact Marie

Click on this link to e-mail Marie.

Friday
Jan272012

David Brooks' One Percent Solution

Because of some unavoidable delays in posting at the New York Times eXaminer over the next several days, I've posted my column for today's NYTX here. I'll probably take this down after the column goes up at NYTX. I'll transfer any comments over; I'll give the commenters credit, naturally, but the comments willl have to go above my name.


New York Times
columnist David Brooks is disappointed: President Obama did not devote his State of the Union address to a “grand plan” to dispense with the old, the sick and the poor once and for all.

Brooks begins today's column pining for the good ole days when it appeared the deficit hawks on the Simpson-Bowles Commission would prevail upon the Congress and the President to slash the deficit by cutting spending on what the right characterizes as “entitlement programs.” As Robert Greenstein and James Horney of the Center for Budget and Policy Priorities wrote, “Budget cuts account for 69 percent of the savings” in Simpson-Bowles' most recent proposal. Those cuts come largely, though not entirely, from “non-security discretionary spending”; that is, from social safety net programs. Worse,

The plan also relies on reductions in scheduled Social Security benefits for most of the changes it proposes to ensure the program’s long-term solvency. Those benefit cuts outweigh the proposed revenue increases by 2 to 1 over 75 years — and by 4 to 1 in the 75th year. This does not represent a balanced approach to Social Security reform.


Using the most conciliatory language possible, Greenstein and Horney write that Simpson-Bowles “raises question as to whether the funding for this part of the budget would be adequate to meet critical national needs in the decade ahead.”

Brooks also longs for the “big ideas” proposed by the fiscally-conservative Peter G. Peterson Foundation, a foundation funded by the multi-billionaire hedge-fund operator Pete Peterson. The foundation is devoted to scaring Americans about the “gargantuan” national debt and pressing the need to end Social Security and other social safety net programs, the better to protect the wealthy – like Peterson. “Peterson money is everywhere,” Eric Kingson, co-director of Social Security Works told Benjamin Sarlin of the Daily Beast. “They've managed to insinuate themselves as centrists when what we have in my mind is a really far-out anti-government conservative perspective.” Sarlin documents how Peterson influenced the Simpson-Bowles Commission and how he has used his money to insinuate his views into media coverage of the budget deficit. Economist Dean Baker asked, “Do you have to work for Pete Peterson to be cited on budget issues in the Washington Post?” The question is rhetorical. Post coverage, as Baker documents, suggests that the answer is “yes.”

Brooks complains that in President Obama's speech, “There was nothing big, like tax reform or entitlement reform,” He credits Republicans, by contrast, for speaking “with epic alarm about the nation’s problems. They are unified behind big tax and welfare state reforms that would purge Washington and shake things up.” Yes, they are. Never mind that the drumbeat of this epic alarm and the militant, anti-government unity of the GOP are what have forced the nation into the sorry state it is today. The Occupy Wall Street movement fingers Wall Street, of course, but bought-and-paid-for politicians are responsible for allowing Wall Street and other big corporate interests to tank the economy and turn the American dream into an impossible dream for ordinary Americans.

Brooks further complains that President Obama's SOTU speech contained “a series of modest proposals that poll well.” It's an election year, Mr. Brooks. In election years, first-term Presidents do not use their major speeches to promote policies that voters abhor. The U.S. Constitution requires that presidents “shall from time to time give to the Congress Information of the State of the Union, and recommend to their Consideration such Measures as he shall judge necessary and expedient.” Although not Constitutionally required to speak on the state of the union annually, all modern presidents have done so. Therefore, “necessary and expedient measures” would be those measures that the president could reasonably expect the Congress to enact in the course of the coming year. In any presidential election year, with any Congress, even one of the president's own party, it is only reasonable to expect the Congress to adopt “modest proposals” – ones that would carry the nation through to the next presidency and next Congress. When the House of Representatives is controlled by the extraordinary do-nothing, Republican Tea Party, as it is today, the President would be a blithering fool if he asked such a Congress to adopt the “sweeping proposals” that are indeed necessary to return the federal government to the sound fiscal policies of the post-World War II boom years. The Congress is not going to act on such proposals.

In general, modern first-term presidents have used their election-year State of the Union addresses to set the themes of their campaigns for a second term. Franklin Roosevelt used his 1936 SOTU speech “to attack critics of the New Deal.” The theme of Ronald Reagan's 1984 speech was “There is renewed energy and optimism throughout the land.” Bill Clinton used his 1996 address to announce that “the era of big government is over.”

Brooks concedes that President Obama also had “some big themes in the speech.” Brooks doesn't mention the big themes because President Obama's overarching views do not sit well with David Brooks. As Helen Cooper of the New York Times wrote in her report on the President's address, Obama called for “an economy 'built to last,'” a phrase that comes “from the auto industry he helped save.” The President, Cooper wrote, “sketched out, albeit vaguely, what he called a blueprint for economic growth in which the wealthy play by the same rules as ordinary Americans.” David Brooks does not want the wealthy to have to play by the same rules the rest of us do. He prefers, instead, the Simpson-Bowles-Peterson prescriptions to slash spending at the expense of the needy and maintain relatively low contributions from the wealthy and super-wealthy. Economic fairness, where “everybody gets a fair shot” – one of President Obama's “big themes” – is anathema to a Brooksian worldview.

President Obama's other “big themes” were national unity and “reclaiming the American values” that led to the post-World War II boom. As I outlined in a previous column titled “A History Lesson for David Brooks,” these are precisely the values – and government policies – that the conservative movement, of which Brooks is a part, has for decades fought tooth-and-nail and by every means possible to dismantle. President Obama used his bully pulpit to try to bully an obstreperous, calcified Congress into taking a few small steps for humankind toward a massive course change that will eventually undo the disastrous, decades-in-the-making policies that have moved us away from the “American promise” the President hopes to restore. David Brooks says he longs for “transformational..., ground-shifting” policies. So does President Obama. But Brooks wants the “transformation” to put the final nail in the coffin of fairness and equal opportunity for success.

Thanks largely to the influence of Occupy Wall Street, President Obama at long last wants the nation to shift again toward a set of policies that foster an environment in which “everyone gets a fair shot, everyone does their fair share, and everyone plays by the same set of rules.” As President Obama said in his State of the Union address, “The defining issue of our time is how to keep that promise alive.” It is an epic clash that pits President Obama against David Brooks and his ilk. It is Obama and Occupy vs. One Percenters like Pete Peterson who use their vast resources to set all the rules in their own favor. It is fundamental fairness vs. greed.

Is an epic clash big enough for you, Mr. Brooks?

Reader Comments (5)

Epic clash ! I love the sound. There are only few of us that are certain that an epic clash is inevitable. Our current course is an effort to maintain sort of a status quo.
In reality, extreme measures are needed to effect a change in our course. As we slowly nickle and dime our way along, the number of employed Americans will slowly increase but the basic problem with our econmomy will not move. The income of working Americans has been stagnant for at least two decades. Each year more and more workers slide out of the middle class. As the numbers of damaged Americans increases, there will be protests. Protests destined to be met with cops, courts and clubs.
Occupy Wall Street demonstrated just a little of what we can expect.
A Republican House and Senate will hasten the unrest. A powerless President with only one house will not be able to create enough change.
The only chance for a peaceful and prosperous Nation is a Democratic House and Senate and a brave President. We will get this now if we are very lucky or we will get it after the Republican debacle.

January 27, 2012 | Unregistered CommenterCarlyle

As Ryan Lizza says in his New Yorker piece on The Obama Memos, Obama has learned in the past three years that "the Presidency is an office uniquely ill-suited for enacting sweeping change. Presidents are buffeted and constrained by the currents of political change. They don't control them." Given that we have at this time a great divide between the major parties and one of those parties ideologically extreme with candidates running for the presidency unfit for the job, Obama's clay feet look mighty good. The change we need in this country might come with our own revolution––right now the OWS are the closest entity we have––until then we'll muddle through and pretend that big money doesn't control us.

January 27, 2012 | Unregistered CommenterPD Pepe

P.S. I just remembered watching a panel discussion that Pete Peterson was chairing with Ruben, Clinton, and others whom I don't recall, but they were all on the same page with their fear mongering sky falling debt business, licking their chops at the prospect of more money for those that have the most. Pete is married to Joan Ganz Gooney, the Muffets gal who gave us such a gift. One wonders what Kermit would say about our greedy/ green world.

January 27, 2012 | Unregistered CommenterPD Pepe

@ P.D. Pepe. Thanks for making that important point about the "power" of the presidency. While presidents can usually do quite a bit on the international front, they are pretty constrained domestically, even when their own party is in power in the Congress. LBJ was something of an exception, but that's because he really knew how to pull the chains of his former colleagues. He'd been doing it for years.

Still, look how long it took to get civil rights legislation through. Even in the "modern" movement, Thurgood Marshall was winning desegregation cases in the late 1930s. And civil rights seems like such a no-brainer in "the land of the free." Even though most of the big-shot national politicians (including Presidents Nixon, Ford & Carter) on both sides of the aisle favored the Equal Rights Amendment -- another no-brainer -- it didn't happen. (I think it is reintroduced, pro forma, every Congress.)

What President Obama is proposing -- thanks to the Occupy movement -- is a course reversal from the decades-long steady march away from equality of opportunity. Even if Congress weren't awash in special-interest money that is dead-set on stopping that course reversal, which it is, he could not just wave a magic wand and get Congress to "do the right thing." He'll have a chance to do a little if he is re-elected with a strong majority, but that's a big "if." I think there's a good chance the election will be a squeaker. I just hope it's not another squeaker that goes to the most powerful voters in the nation: the Supremes. That will not work out well for democracy. Besides, a lot of the anti-people movement happens at the state level, and we will always be replete with yahoos in state government. Becomin a state legislator seems to be a common career choice for yahoos.

January 27, 2012 | Registered CommenterMarie Burns

@ P.D. Pepe. You're right about Peterson. He has been brilliant about insinuating himself into the conversation as a "nonpartisan voice of reason." If you read a few of those articles I linked, you'll be sick. One of them mentions that Clinton-Rubin, et al. conference. Peterson also kissed the rings of Messrs. Simpson & Bowles, not that they needed much ring-kissing to decide that ordinary Americans needed to "tighten their belts" so fat cats wouldn't have to.

If I'm not mistaken, once when I complained about Peterson in the past, a liberal wrote to me about how mean I was to a man who did so much good work. The way I see the pattern of how people on the right "do good work" is this: (a) do everything you can to make millions (or billions!). Cheat, bribe and steal to do it. Step on everybody. (b) Once you're a multi-millionare or billionaire, give money to the causes that interest you. Get a lot of awards for it. Get your picture in the paper. You're a great person! (c) Except for the occasional photo-op in a soup kitchen or with a class of cute, needy 4th-graders, do not do any actual good work yourself.

January 27, 2012 | Registered CommenterMarie Burns

PostPost a New Comment

Enter your information below to add a new comment.
Author Email (optional):
Author URL (optional):
Post:
 
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>