Friday, 18 January 2013

"Obama unveils 'Organizing for Action.'"

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I read the Politico headline out loud.

Meade immediately improvises a song, and I have the wit and the skill to transcribe as he sings:
Organize for action
Organize for some action, baby
Organize! Organize!
Organize my organ
Activate my organ for organizing
A little girly action
Organize for action
ADDED: "You in?"
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Friday, 11 January 2013

"The Charmin corporate Twitter account got in on it with a surprisingly trenchant commentary on the disposability of American currency."

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That's the way Slate — displaying the winners of its design-a-$1-trillion-coin contest — refers to the symbolism here:



"Surprisingly trenchant commentary." Come on! I like delicate toilet paper, but why the delicacy talking about toilet paper? What, exactly, is the commentary? I assumed it was: American currency is something you may as well wipe your ass with. But then I thought the idea was: Uh, oh, we just pooped ourselves.

Maybe you're wracking your brain for a way to use the old "Don't Squeeze the Charmin" slogan, but that was the 1960s. The current slogans — if I am to believe the Charmin Wikipedia page — are: "Enjoy the Charmin experience" and "Enjoy The Go." Enjoy the go?! Put that on the coin. Hell, make that the national motto. "In God We Trust" is getting old. It's divisive. And, frankly, it's unfair to God.

"Enjoy the Go"... I looked it up to see how they were playing this slogan in the commercials:



The relief. The calm. The clean. The comfort.

See? That's the way you'll feel after that $1-trillion is deposited in the toilet bank. This image evokes Sigmund Freud:
Freud suggested that children in the anal stage of development regard the release of their feces as a gift to the parent — a gift that can be given or withheld. Children will release the feces if given sufficient love and withhold them if not. In Freudian thought, fecal matter becomes a type of currency in the parent-child relationship, which can be withheld or dispensed, thus giving the child a sense of control. The word currency is appropriate in this context; Freud assumed that the human unconscious makes a symbolic equation between feces and money. In a 1911 paper on dreams in folklore, he noted that according to ancient Eastern mythology, “gold is the excrement of hell” (Freud & Oppenheim, 1911/1958, p. 157).
Hell!

(I'm riffing on the toilet paper topic topic Meade introduced late last night. That was Meade — did you notice? — not me.)
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Wednesday, 9 January 2013

That's a clown suit question, bro.

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Did you see the comment by Patrick that Glenn linked to?
“I think it would be the ultimate act of honesty to dress the Secretary of the Treasury in a clown costume. I have no objection to that at all.”
Well that gave me an idea. What would be the value of having all 14.5 2.1 million federal government employees — starting at the top with the President — made to wear clown suits every day for, say, the next four years? Would it be worth as much as a trillion dollar coin? More? I propose we find out:

Step 1: Purchase 14.5 2.1 million clown suits through the Althouse Amazon Associates portal, natch.

Step 2: Make federal government employees wear them every day for 4 years.

Step 3: ???

Step 4: Pay off national debt!
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Hope and change... into a clown costume.

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Paul Krugman responds to the pushback he's received on "the trillion-dollar-coin thing":
There seem to be two kinds of objections. One is that it would be undignified. Here’s how to think about that....
The professor is about to teach us how to think. Get ready!
... we have a situation in which a terrorist may be about to walk into a crowded room and threaten to blow up a bomb he’s holding. 
Okay. A hypothetical. I'm up for hypotheticals. And it's an analogy, because the trillion-dollar-coin thing isn't promoted as a solution to terrorism. But terrorism is something that you can picture quite concretely and you understand it as very real and scary — unlike the debt ceiling problem which is awfully abstract. (Even to say "ceiling" is to resort to metaphor.)

So, anyway:
It turns out, however, that the Secret Service has figured out a way to disarm this maniac — a way that for some reason will require that the Secretary of the Treasury briefly wear a clown suit. (My fictional plotting skills have let me down, but there has to be some way to work this in). 
In this hypothetical, you have to accept that the Secret Service has found "a way." It will work. The professor is telling you how to think, so you're going off track if you want an explanation for why that would work or if you — much more likely — would be thinking what the hell is going on in this country when the people in charge are figuring out solutions involving clown suits and believing that clown-suit solutions work? Krugman reveals that he knows his hypothetical is horribly flawed, and he tries to paper it over by confessing to second-rate "plotting skills." There has to be some way to work this it. The professor is teaching us how to think — use this analogy — but he can't piece together the hypothetical. How's that supposed to help us think?

He continues:
And the response of the nervous Nellies is, “My god, we can’t dress the secretary up as a clown!” Even when it will make him a hero who saves the day?
Wait. The normal people who go with the working theory that the government has gone mad are "nervous Nellies"? Yes, because Krugman's hypothetical locks it in that the solution works. So the people aren't supposed to be thinking that sounds crazy. It's posited that they know it will work, so all they can realistically be concerned with is that the secretary will look undignified dressed like a clown.

Krugman turns to the second objection, as if it's unconnected to the first one:
The other objection is the apparently primordial fear that mocking the monetary gods will bring terrible retribution.
Why weren't the people who say it looks crazy credited with having some fear that it wouldn't work? Because in the clown-suit hypothetical it was posited that it would work? These "nervous Nellies" were mocked in Part I of Krugman's krushing of all adversaries. In Part II, we see troglodytes who imagine a "god" who will punish us for doing something wrong.
What the hysterics see is a terrible, outrageous attempt to pay the government’s bills out of thin air. This is utterly wrong, and in fact is wrong on two levels.

The first level is that in practice minting the coin would be nothing but an accounting fiction, enabling the government to continue doing exactly what it would have done if the debt limit were raised....
So it's a trick, but it's not that different from other tricks. It's just weirder looking. Like a clown suit. Which gets back to the point I made when I criticized Krugman a couple days ago:
It's strange that it's come to this, but I don't believe the President of the United States would choose to do something that will strike the people as so bizarre, even if he feels capable of articulating the legal theory with a straight face. The President must maintain the people's trust and confidence. He must be comprehensible as normal, sound, and sane to ordinary folks.
Krugman's response to these ordinary folks — the people upon whom the President's power depends — is: They're hysterical and ill-informed. Well, how did this President — how does any President — get elected in the first place? It was by generating confidence. He's a con man. Let's say the management of the national debt has been a lot of trickery for a long, long time. What then does it matter if we do something that is quite obviously a trick, that everyone will see as a trick?

Does the trick work if the magician points to the hand that's doing the sleight?
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Monday, 7 January 2013

"Should President Obama be willing to print a $1 trillion platinum coin if Republicans try to force America into default?"

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"Yes, absolutely. He will, after all, be faced with a choice between two alternatives: one that’s silly but benign, the other that’s equally silly but both vile and disastrous. The decision should be obvious."

Says Paul Krugman.

It's strange that it's come to this, but I don't believe the President of the United States would choose to do something that will strike the people as so bizarre, even if he feels capable of articulating the legal theory with a straight face. The President must maintain the people's trust and confidence. He must be comprehensible as normal, sound, and sane to ordinary folks.

ADDED:

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Boehner: "At one point several weeks ago... the president said to me, 'We don't have a spending problem.' "

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"They blame all of the fiscal woes on our health-care system."

Boehner's repeated response to that was: "Clearly we have a health-care problem, which is about to get worse with ObamaCare. But, Mr. President, we have a very serious spending problem."
[T]oward the end of the negotiations, the president became irritated and said: "I'm getting tired of hearing you say that."
And then there's Harry Reid:
"Those days after Christmas," [Boehner] explains, "I was in Ohio, and Harry's on the Senate floor calling me a dictator and all kinds of nasty things. You know, I don't lose my temper. I never do. But I was shocked at what Harry was saying about me. I came back to town. Saw Harry at the White House. And that was when that was said," he says, referring to a pointed "go [blank] yourself" addressed to Mr. Reid.
It's best, by the way, if you're going to say "Go fuck yourself" never to say it in anger.

There's lots more in that article (in the Wall Street Journal). I was interested in this little bit at the end:
[Boehner] sees debt as almost a moral failing, noting that when he grew up in a "little middle-class, blue-collar neighborhood" outside of Cincinnati, "nobody had debt. It was unheard of. I just don't do debt."
If he's not bullshitting, he's revealing a shocking lack of sophistication. Should families pay rent on apartments until they can put down the entire purchase price of a house? Should businesses expand only through the cash they have on hand? But it's the WSJ that inserts the phrase "almost a moral failing," so I shouldn't read too much into Boehner's simple-Cincinnati-guy posing. He didn't say debt is immoral. Only that he comes from a background where the norm was to follow a budget and pay your bills. How sophisticated is he now about the good use of debt as opposed to the bad? Who knows?
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Friday, 4 January 2013

Essence of Drudge.

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Is that a form of argument?
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Thursday, 3 January 2013

Paul Krugman is "feeling so despondent."

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Why? "Because of the way Obama negotiated" the fiscal cliff deal.
He gave every indication of being more or less desperate to cut a deal before the year ended....
He did? Funny, Rush Limbaugh kept saying Obama wanted to go over the cliff. It was his preference. The idea was to get rid of the hated Bush tax cuts and the cliff was there as a device to make it possible to blame the GOP. Back to Krugman:
The only thing that might save this situation is the fact that Obama has to be aware just how much is now riding on his willingness to finally stand up for his side; if he doesn’t, nobody will ever trust him again, and he will go down in history as the wimp who threw it all away.
The wimp?! Hey, remember when they were calling Romney a wimp?



That was back in July. Was Romney "just too insecure to be President"? Meade and I were just talking this morning about exactly that. There were 2 crucial points when Romney failed to stand his ground. He crumpled under intimidation. One was when the 47% video leaked out. Romney went beta, instead of doubling down, getting hardcore. The other was during the second debate, when he was going big on Benghazi, and Obama and Candy Crowley performed their check-the-transcript routine, and Romney deflated into oh, am I wrong?

So, anyway... is Obama just too insecure to be President?
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Wednesday, 2 January 2013

Yes, yes, I know, fiscal cliff jumped back from.

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We'd gone off, we were told yesterday, but somehow, from mid-air, we scrambled back. We were Wile E. Coyote out off the cliff, suspended, despite gravity, but unlike Wile E. Coyote, we already knew it, we'd been obsessing and blabbing about it for weeks. Unlike Wile E. Coyote, we didn't stay up because of ignorance of where we were and realization of where we were didn't make us plummet. We were somehow able to get back on the cliff, and it was exactly as if we'd never gone off the cliff.

It's almost as if there was never a cliff!

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Tuesday, 1 January 2013

"Under the agreement, tax rates would jump to 39.6 percent from 35 percent for individual incomes over $400,000 and couples over $450,000..."

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"... while tax deductions and credits would start phasing out on incomes as low as $250,000, a clear win for President Obama, who campaigned on higher taxes for the wealthy."

Is that a "clear win"? Good lord, whatever happens, the NYT will spin it as a win for Obama. I thought his number was $250,000 for couples, and now, it's way up at $450,000. That should be called a clear compromise. How hard it must be for the Republicans to compromise, when even clear compromises are declared clear wins for the other side.
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