Photos by: joanneleon. September, 2013.
Andrew Bird - Tenuousness
News & Opinion
Bob Costa has gone silent on Twitter for 18 hours. I don't know if he's doing a hundred tv appearances or has a hangover.
If I worked at Goldman Sachs, I'd short the entire damn market, then email a link to @robertcostaNRO's Twitter feed to every other trader.— Ian Millhiser (@imillhiser) October 10, 2013
As of last night, two different deals were being floated. One from the House GOP and one from the Senate GOP, and the media was hinting that the two of them were battling each other with the Senate trying to "jam" the House.
The House wanted to do entitlement cuts now, just to open up the govt. and raise the debt ceiling temporarily and then still do more cuts later. They were choosing entitlement cuts from Obama's own budget. Cuts to Medicare were mentioned specifically.
The Senate GOP wanted to repeal or delay the medical device tax but since that provides the revenue for Obamacare subsidies, they would replace that revenue by raiding the pensions, oops, pension reform. I don't know what pension reform is in the mind of a Senate Republican. This is Susan Collins' plan, supposedly. Maybe pension reform means giving govt pensions to Wall Street to gamble with! Something like hey, let's split that pension money. You take half to spend on Obamacare subsidies and we'll take the other half and "invest" it for you and double your money! I'm joking, of course, but you realize that this is the kind of thing that Wall Street did to some state and local govt's who had failed to pay into their pensions for years and then came up short.
|And the kabuki goes on. I'll put shutdown updates here today, I guess. The most important development, IMHO, is that while people are lulled by the earlier reports that they're just doing a temporary extension to the funding and debt ceiling, this is morphing into something else, a piecemeal Grand Bargain, getting bits of their cuts now and bits later. Who knows what? But real cuts are on the table today and nobody is organizing against it, thinking they are just going to extend the deadline, not make actual cuts. We're in a really dangerous situation, mired in circus details while they might put through a vote on entitlement cuts just like that, while everybody is watching the shutdown circus, and football.
Boehner: No deal with White House
Obama, Republican Leadership Groping to Break Shutdown Impasse, Revive Grand Bargain-Type Deal
But while the official meeting, and the fact that the two sides are also talking behind the scenes, represents progress, don’t labor under any delusions. Obama is looking for a stopgap deal that will keep pressure on in the hope that he can cinch his long-sought
Grand BargainGreat Betrayal. Remember, Obama was disappointed that the sequester didn’t inflict enough pain to force Democrats and Republicans to the negotiating table. Don’t be fooled that Obama is unhappy that most House Republicans would reject a one year extension of the debt ceiling and continuing resolution. Both he and the corporate Republicans are looking to steer things back to where they’d hoped they’d be before the Tea Party went off the reservation.
NSA head says Congress needs to pass cybersecurity bills to let him stop attacks
The release of several national surveillance leaks put the brakes on cybersecurity legislation, which was already under scrutiny by civil liberties groups. But NSA head Keith Alexander thinks Congress needs to get the bills back on track, letting federal agencies and companies share information about potential attacks. "How do you defend Wall Street from a major crisis?" he asked during a Tuesday interview hosted by Politico and defense contractor Raytheon. "We have to have the rules in place that you can defend Wall Street from being taken down, and inform the civilian leadership." Those rules, he said, would need to be put in place with "cyber legislation" before somebody decided to launch a "cyberpacket" assault.
Alexander, as head of US cyber command, discussed the offensive capabilities he's been building for some time. He also, however, said that Congress needed to untie his hands when it came to sharing information with companies that aren't part of critical infrastructure. Referencing Representative Mike Rogers' (R-MI) and Dutch Ruppersberger's (D-MD) controversial CISPA bill, he argued that the NSA, FBI, and Department of Homeland Security needed legislation to proactively prevent cyberattacks. "We have a great forensics team," he quipped. "It's all over, bad things have happened, we can come down and say 'It's really bad!'"
Malala meets US President Obama
WASHINGTON: Malala Yousafzai, the Pakistani schoolgirl shot in the head by the Taliban for campaigning education for girls, called on US President Barack Obama, Geo News reported.
In the meeting, Malala expressed reservations over drone strikes in Pakistan, saying that innocent lives were being lost in such attacks.
Stop Watching Us.
Blog Posts and Tweets of Interest
Parkinson’s drug may work on MS http://t.co/...— billshankly (@williamshankly) October 11, 2013
Malala to Obama: Drone strikes are killing innocent people in Pakistan http://t.co/...— Sarah Kendzior (@sarahkendzior) October 12, 2013
Gerlach says he knows some Rs will balk at taking up Sen plan, but hopes the leadership brings up, predicts it'd pass— Robert Costa (@robertcostaNRO) October 11, 2013
NSA chief offers to store phone metadata at neutral site http://t.co/...— Anonymous (@YourAnonNews) October 11, 2013
Disaster capitalism in full effect: using default Armageddon to gut earned benefits programs http://t.co/...— digby (@digby56) October 11, 2013
How Obama Administration-Controlled Media Is Used to Avoid Scrutiny from the Press | Common Dreams (Gosztola) http://t.co/...— JoanneLeon (@joanneleon) October 11, 2013
BREAKING: Maj. Gen. Carey, who commanded US nuclear weapons’ arsenal, has been relieved of duty for loss of trust. Via NBC— Joan (@jmcaninch68) October 11, 2013
Treasury debt infographic. http://t.co/...— JoanneLeon (@joanneleon) October 11, 2013
Boat with Syrian refugees capsizes off Egyptian coast, reports that at least 13 people killed, more than 100 pulled out of water.— Sheera Frenkel (@sheeraf) October 11, 2013
If he believes Clapper should be prosecuted, why hasn't he asked Holder to appoint a special counsel? http://t.co/...— Patrick Eddington (@PGEddington) October 11, 2013
"Obama will surely pass Nixon as the worst president ever on issues of natl security & press freedom." http://t.co/...— Stanley's Mom (@whenpigsflyyy) October 11, 2013
People wondered if it were possible to ever have anyone in the US Senate crazier than Joseph McCarthy Well done, #TedCruz, well done— DillonSchroeder (@DillonHerb) October 11, 2013
Report: Obama has ushered in a paralyzing climate of fear for journalists & sources http://t.co/...— Stanley's Mom (@whenpigsflyyy) October 11, 2013
The price of oil just went up because traders misread a tweet http://t.co/...— W Holden (@wholden42) October 11, 2013
Andrew Bird - Anonanimal