Obama Addresses the G20 Leaders
Thursday, April 02, 2009
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“There are two novels that can change a bookish fourteen-year old’s life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs.” ― Paul Krugman
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Bush Administration classified deal as national security risk to thwart public disclosure
By Ed Brayton
The Colorado Independent
The Office of the U.S. Trade Representative under the Bush administration struck a secret deal with the European Union that could open up a door for foreign ownership of liquefied natural gas terminals and other dangerous chemical and energy facilities. The agreement could also create conditions in which federal, state and local regulations affecting those facilities could be challenged as barriers to international trade.
By Matthew Rothschild
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By Howie Klein
Crooks and Liars

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Right-wing reactionaries (see, for example, Greta van Susteren and Byron York last night on Fox) are trying to paint Alan Grayson's bill as the government setting your salary-- as if you were a policeman or a teacher or a member of the Obama cabinet. But Grayson's "Pay for Performance Act of 2009" sailed right through the House Financial Services Committee, 38-22, with the backing of every single Democrat including a whole pack of Blue Dogs and two conservative Republicans. Ed Royce (R-CA) and Walter Jones (R-NC). The bill, which gives the government power to determine compensation for employees of companies taking government bailouts, is likely to meet stiff resistance in the House next week.
It may get some impetus from revelations that Merrill Lynch gave away 35% of the $10 billion in taxpayer funds it got as bonuses to the 6 and 7-figure management insiders who caused the company to collapse. Grayson is adamant that "you should not get rich off public money, and you should not get rich off of abject failure."
"This bill will show which Republicans are so much on the take from the financial services industry that they're willing to actually bless compensation that has no bearing on performance and is excessive and unreasonable," Grayson said. "We'll find out who are the people who understand that the public's money needs to be protected, and who are the people who simply want to suck up to their patrons on Wall Street."
Grayson has gotten less campaign donations from the financial services industry than anyone else on the Financial Services Committee and, in fact, less than any other member of Congress. The main opponents to his legislation have taken immense amounts of bribes from the banksters, especially ranking Republican Spencer Bachus (R-AL- $3,789,474), Scott Garrett (R-NJ- $1,156,599), GOP House whip Eric Cantor (R-VA- $3,121,188), GOP minority leader John Boehner (R-OH- $3,045,809), GOP lunatic fringe caucus head Jeb Hensarling (R-TX- $2,111,371), Jim Gerlach (R-PA- $1,578,152), Paul Ryan (R-WI- $1,555,321), and Michele Bachmann (R-MN- $756,740, a cheap date for any lobbyist representing extremist ideas)....(Click for remainder).
By Heather Wednesday
Crooks and Liars

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Neocons never die. They just keep giving themselves new names. After claiming "mission accomplished" in Iraq, it seems the PNAC crowd has done just that with their latest attempt at re-branding, The Foreign Policy Initiative. Rachel Maddow brings in Matt Duss from Think Progress to fill us in on their recent make-over. You can read more about this group in Matt's post over at the Wonk Room: Foreign Policy Initiative: Housebroken Neocons? From the article:
Attending the Foreign Policy Initiative’s inaugural conference on Afghanistan today at the Mayflower Hotel, I was struck by how very little that was said was controversial. And that’s really the point — in the wake of Iraq debacle, for which the neocons are widely and rightly held responsible, it simply won’t do to bang the drum for American military maximalism. One has to be a bit slicker than that. And these guys are nothing if not slick.
As their website makes clear, FPI intends to re-brand and mainstream-ize neoconservatism as a “reasonable” and “moderate” — and of course “serious” — alternative to the rising tide of isolationist sentiment in American politics (the fact that no such tide of isolationist sentiment is rising in American politics is entirely beside the point.) This strategy was evidenced in the morning’s first panel, as Robert Kagan praised President Obama’s “gutsy and correct decision” on Afghanistan, but warned that “the United States is at a tipping point between desire to maintain extensive engagement in the world, as it has done since World War II, and the temptation to pull back…[Obama] has decided to maintain the commitment.”
Transcript below the fold....(Click for remainder).
Veteran talk radio host Ed Schultz joins MSNBC as host of "The Ed Show," premiering on Monday, April 6. "The Ed Show" will air weekdays, 6-7 p.m. ET. The announcement was made today by Phil Griffin, President, MSNBC.It's good to see that David Shuster will still be part of their lineup....(Click for remainder).
"I am thrilled to have Ed kicking-off our primetime lineup," said Griffin. "Ed's proven that he can connect with Americans and will be a perfect compliment to Chris, Keith, and Rachel. He's already made his mark on radio and I'm excited to see what he'll do with the 6 p.m. hour."
"I'm excited to have this opportunity with MSNBC," said Schultz. "I look forward to having a day to day discussion with fellow Americans on issues that really matter to all of us."
David Shuster, currently hosting "1600 Pennsylvania Avenue" at 6 p.m. ET on MSNBC, will join Tamron Hall as host of a new 3-5 p.m. ET program on MSNBC. Shuster will also continue to anchor breaking news coverage during the day and serve as a regular substitute anchor for "Countdown with Keith Olbermann." Norah O'Donnell's hour will move to the morning. The exact hour will be announced at a later date.
The substitute gradually converts the current Medicare program into one in which Medicare beneficiaries choose the most affordable coverage that best suits their individual needs. For individuals 55 or older, Medicare will not be changed (other than income-relating the prescription drug benefit): the budget preserves the existing program for these beneficiaries. To make the program sustainable and dependable, those 54 and younger will enroll in a new Medicare Program with health coverage similar to what is now available to Members of Congress and Federal employees.This is an idea that's been kicking around in conservative circles for some time, and it's an expensive one. Well, it's expensive unless you're an insurance company, in which case it's extremely lucrative. The goal is to phase out Medicare over time by providing new seniors with the same health insurance options available under the Federal Employees Health Benefits Program. The FEHBP provides relatively high quality care, and most working-aged people would probably prefer its options over the ones provided by their employers. But Medicare provides similar quality of care while containing the costs of administration, and those costs are much higher at private insurance companies....(Click for remainder).
Under Bush, the Interior Department was as lawless as the Wild West. But can the new secretary bring the wrongdoers to justice?
Conor Clarke calls this "crazy," and "pretty stupid," before explaining, "As near as I can tell, Paul Ryan and his staff just took the CBO projections that ended in 2019 and drew a random line, extending upward at about a 45 degree angle, until 2080. There's no real attempt to make it look scientific."
And if it were just one silly chart, it would be easier to ignore. But the problem with today's budget blueprint from the House Republican caucus is that it takes a similarly ridiculous approach to just about everything. It's one thing to offer bad ideas. It's another to offer bad ideas without doing your homework. But House GOP lawmakers are offering proposals that are just insane. Reading through the party's new report, one notices that we'd get just as serious a proposal from a group of children with crayons.
On taxes, spending, Social Security, Medicare, energy policy, the Republicans' budget isn't just wrong, it's ridiculous. The party failed miserably at governing, and yet, it apparently hasn't quite hit rock bottom when it comes to credibility and seriousness....(Click for remainder).
At issue are two Medicaid programs financed with a mix of state and federal dollars: the Transitional Medical Assistance (TMA) program, which provides health coverage for people who are leaving welfare for work; and the “disproportionate share” program, which reimburses health-care providers for treating the uninsured. […]TMA allows low-income families who have lost jobs and thus have become eligible for Medicaid to maintain access to health care when they regain employment or increase their hours. The stimulus package extended the TMA program’s funding through December 2010. The disproportionate-share program aids hospitals that serve a disproportionate share of the poor and uninsured. The additional funding in the stimulus package would “benefit safety net hospitals that are facing challenges tied to the growing number of uninsured people.”...(Click for remainder).
Levine said the state plans to turn away about $9.5 million in federal money for the transitional program. Drawing down that money would have required $2.25 million in state cash, which Levine said the state can’t afford when it’s asking hospitals, nursing homes and other health-care providers to accept reimbursement cuts.
As Congress takes the President's federal budget under consideration, North Carolina families deserve to know if Rep. Larry Kissell (D-NC) would support such a devastating energy tax proposal. […] MIT researchers released an "Assessment of U.S. Cap-and-Trade Proposals," which shows that the increase would be an increase of more than $3,000 a year for each household.(Click for remainder).

By Amy Goodman
Democracy Now
By Ali Frick
Think Progress
Thousands of protesters have gathered in London ahead of the G20 summit, many of them angry over a multi-million-dollar pension paid out to a failed executive at the Royal Bank of Scotland. Host Jon Scott asked Bill O'Reilly what he thought of "these nuts," and O'Reilly said "the Internet's driving this kind of stuff" — including protesters and, apparently, child molesters:
The Internet's driving this kind of stuff. … There was always this crew, this anarchist crew, these people can't fit into society, they're angry for whatever reason, they want to cause trouble. They've always been there. But now they're coordinated by the internet, now they can talk to each other. It's like child molesters, you know? I mean, child molesters have always been around but now they got a place to go and gather and do their evil deeds.Watch it:
Here's Something You Don't See In the New York Times Everyday [Andy McCarthy](Click for remainder).
Namely, my opinion — on the controversy over the Uighur detainees at Gitmo.
By Danny Shea
The Huffington Post
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