Showing posts with label paul krugman. Show all posts
Showing posts with label paul krugman. Show all posts

Tuesday, August 31, 2010

If I Knew Then What I Know Now

I was inspired today by a small comment in a Paul Krugman blog post:

...as far as I can tell, hardly any of the new anti-Obamanites is thinking at all about what will really happen once John Boehner is speaker.


I was equally revolted by Morning Joe commentary concerning the coming doom of the mid term elections, without even mentioning the Howard Dean differentiating take from yesterday.

So I made an exercise for us to try and imagine this time next year.




[editors note: there is no way that I will ever top the seminal outing of the Morning Joe idiosynchratic parade contained in last month's video. This is not that at all, and this new one is really just trying to hard focus on one topic that Paul Krugman and I feel like the nation could use some help visualizing]

Monday, August 30, 2010

Headless Horseman

The Morning Joe Rebuttal for August 30th, 2010


Observations:


1) If anyone sees anything other than great news out of the Glenn Beck debacle over the weekend, I may not be able to help you. The right is agitated and they want change now. But the fact is despite a spoiled brat mentality that covers the entire right of center spectrum, there is no leader. I know the feeling, because I lived it for 6+ years from the other side. John Kerry? Nothing elicits helplessness more fiercely than having the ‘for it before I was against it’ guy running your squad.


Glenn is out there because of the opportunity brought on by the absence of anyone approximating leadership in the Republican Party. Even if there were an heir apparent, his advisers would have him in an ice cave in Saskatchewan avoiding the recent implosion of the right into its two base parts. Recently is misleading, because the right has been best described as a poster child for identity crisis for the better part of a decade. Let gays in or persecute? Brown skinned Republicans or refuge for those of European descent? Like or dislike Eric Rudolph? All of these seemingly absurd questions show the peril of wanting to be on the right side of humanity without offending the extreme base of the party.


Enter master of doublespeak Glenn Beck. I know nothing of this man, proudly. When I try to watch the guys show, anything else seems more entertaining or informative. I basically get the feeling he is just guessing as he goes along with a piece of chalk in his hand. But look, there’s nothing hiding the fact that Rupert and Roger don’t want him actually making sense or his show even watchable. The more of a catacomb of self serving code that the show is, the more of a convenient device it is to be all things to all of the people mentioned above. There were brown skinned people at the rally and people who didn’t like having brown skinned people, well, at the rally. They were too confused by a lack of any real agenda to question why they were in the same circumstance without a partition.


My favorite fact overviewing the rally was the instruction sent out beforehand to avoid signage. It might as well have said: 'make Joe Scarborough guess your stand on the 2nd amendment, don’t make it obvious that you’re a 99.9% over my dead body crowd'. It was very hard to abide by that instruction. The Toby Keith garb was an overwhelming trend.


I can’t wait. Next, Glenn will say “let’s all meet just over the Potomac in Manassas and settle this thing once and for all”. The population is just weak enough right now because of everything that Glenn Beck is not talking about, to believe that might be the answer.


Lead to your untimely demise by a puppet being strung along by an Australian guy, you really need a leader to emerge prior.


2) Joe Scarborough has declared war on Paul Krugman. Krugman is the whipping post for Scarborough’s scathing dismissal of all things John Maynard Keynes. Amazingly, Scarborough gets away with this despite having offered nearly zero solutions of his own. These are difficult times and what this war on Krugman and Keynes embodies is a disastrous demonizing process when we need solutions and everything should be on the table.


Keynes does not equal stimulus in his theoretical entirety. In fact the thing I find the most interesting about Keynes has to do with regulatory policy. Keynes was for significant segmentation of the financial services and would have been absolutely horrified at the black box that currently best describes the lawlessness that the entire industry operates under. Keynes also has another key ingredient: that the private financial sector has an obligation towards progressing a national goal of full employment.


Now as you digest those two things, ponder that they are higher order elements of Keynesian theory than stimulus to replace spending in a time of crisis. So if you want to wage a war on Krugman and Keynes, you owe your subscribers more than the sound bite sensibility you have exhibited in your vitriolic dismissal of these two great economists.


If you think Krugman called you stupid or insane, you know he has zero inhibition about coming on your show to shine a light on the circumstance or context of that. I agree with the Joe Scarborough assertion that once you base your argument in one dimensional insults like this, the argument is essentially over because you’ve stated that the other side is void of credibility. The bottom line is if the answer really does lie inclusive of some of the things these two historically credible people endorse, they need you to help explain it to the lost souls described in section #1 above.


Those guys around you with economic bonifides: Sorkin, Sachs, etc; I don’t think they would endorse a cold shoulder where a significant part of the collective answer might lie. Ask them.


3) You guys have really lost the plot as it pertains to Erin Burnett. The top 3 things got weighted down by a bunch of Cramer-esque props, and now she is back to fighting to get any intelligent discussion going. Mr. Licht, you had something, you had a path to getting Erin to be an asset, and then it kept getting tinkered with. Can’t you get enough control of the show to not lose assets like this with histrionics as the culprit?


We had this discussion a long time ago when the show got bent on features and forgot to cover the news. This is a microcosm of that discussion. Even when you watch Erin on CNBC she rarely gets an opportunity to wax philosophical on what she sees. You own the real estate ideally equipped to get that conversation from her, void of all the necessary CNBC automations, just what she thinks about things. Yet you let it slip away into a cooking show day after day.


It was a notable evolution of the show just minutes earlier when Howard Dean was done with a segment, and by the reverse magic of television did not have to disappear, in fact, reappearing magically to provide balance to at least two more segments. I remember a few weeks ago when the segment Dean was on was notably short, or shortened. Dean is a cornucopia of knowledge from the other side, and I think it was a great part of the show today when Willie Geist got a chance to ask Howard what he thought of Mark Halperin’s negative election prognosis for Democrats in November.


If you recall I was furious about the Halperin prognosis. But look at the track record of the Morning Joe show: health care has no chance, it’s Hillary for sure in '08, I’m sure there’s more, but the point is, you aren’t very good at prognoses regarding the Democrats, because your cast leader is on the other side. He is projecting his wish list on the Democrats, takes his pocket calculator with him, and needs an azimuth check by guys like Howard Dean periodically.


You have people like Dean and Burnett surrounding you, be sure you aren’t cutting them off and then filling in the blanks with what you wish they would have said or predicted.


That’s all for today, see you tomorrow.

Wednesday, June 30, 2010

Total Whitewash

The Morning Joe Rebuttal for June 30th, 2010


Observations:


1) It’s as though Joe Scarborough thought he was bringing in the big guns when he put Harvard professor Jeffrey Miron on the show to strengthen his anti-Keynsian take on things. That was quackery at a level of bringing a chiropractor to heart surgery.


No I’m not on board with the Joe Conason venom directed at Prof. Miron. Mr. Conason would’ve been better served with temperance, even in the face of some goofy science, but goodness, you’re making a case for the other side.


What is even creepier is the blank stares Conason got when 1873 was brought up. No, I’m not talking down to people with that, equipped with some encyclopedic reference to past financial panics. But the thing that caught me off guard was that the Krugman article that might’ve set this debate off referenced the 1873 panic as part of it’s central thesis.


Mr. Scarborough, do you care to comment about an apparent hole in your homework? Your show is predicated on ‘must read op-eds’ and intertwined with takes from the great columnists working today. It would be a setback if it was that much of a façade that you didn’t actually read and understand the most important column of this week prior to embarking on this crusade for Herbert Hoover austerity.


2) Where you are off the reservation on austerity, you’re in the wheelhouse on Afghanistan. I listened closely, and even the best and the brightest are cautioning that they don’t want to seem too ‘Oliver Stone’, but still no one will talk about the financial windfall concept of why these wars are fought to seeming perpetuity.


Additionally, you seem to have ignored the story of the money transfer from Afghanistan to Dubai of $3 billion US dollars in recent weeks. That story would shore up the anger your trying to get Main Street to channel, so there doesn’t appear to be any logic to your deselection.


Additionally, that line to Joe Conason: “I know who I’m talking to, and they would never talk to you”, attempting to trump Mr. Conason’s intelligence on Afghanistan issues, is so misplaced you might as well be stabbing yourself in the face. Conason just spent 2 weeks in South Africa with Bill Clinton, so you’re dead wrong plus, what happens is that it looks like you’re trying to end a debate before having a debate, which is avoidance, which means you think you’re vulnerable. We learned this when Karl Rove shouted down a reporter with “but you're entitled to your math, I'm entitled to THE math”, just in time to get whipped soundly in 2006. Just don’t do it, it’s a pathway to losing.


But after three disparaging paragraphs, the point of this is you found a very important vein with the lack of an investment in the war by Main Street. Mike Barnicle found it weeks ago, but his persistent, Columbo-esque re-insertion of that as a main culprit for the apathy towards the war has proven to be a sound strategy as Morning Joe has found a consensus point, and I like the goal.


If a draft threat, I don’t support a real draft, brings this home to America, let’s get it out there. If an important domestic investment can be shown to be lost as a direct result of financial constraints of war, put a billboard next to it saying so. If a member of congress takes money from Halliburton, then praises the war effort disingenuously, publish the conflict of interest far and wide.


Let’s get out of Afghanistan, leaving behind the Biden predator plan, and basically make a single policy: we apologize to human shields in advance, but where we see pockets of terrorist activity that we feel threatens our original mission, we will annihilate them.


We should treat Afghanistan and Waziristan equally, and clearly instruct anybody in harms way that they risk death by being near our enemies in the region.


That’s not to say we couldn’t keep a green zone situation at Bagram, or a strike force for special operations like the capture of Bin Laden as needed, but nothing on the ground in Afghanistan warrants further investment under the confines of the original mission of 2001.


3) In a previous rant, I mentioned community service should involve teaching teachers how to work around localized corruption. Geoff Canada took this point to a universal level today by stating that the log jam of compromised influence upon the educational system is now 40 years in duration. The system atrophy that continues to cascade as a result of it will leave the US school system in rubble within our lifetime, per his diagnosis, and either we choose to break the false ceiling placed upon education workers every day with managed curriculum and ranking money higher than results, or we face that future.


The Morning Joe is so far out in front on this issue, that expectations have begun to ramp up towards real progress in the forms of charter school proliferation and Education Secretary Arne Duncan’s agenda widely adopted.


There are an army of status quo barons ready for this fight, and one very large political conflict on the horizon. The unions, book publishers, outsource vendors and religious ideologues are all ready to make this ‘Obamacare II’. Conservatives are also going to ask a pretty legitimate question: if Joe Scarborough is a fiscal conservative wanting smaller government, then isn’t this issue counter to that? Shouldn’t a fiscal conservative be calling for the dissolution of the Department of Education, and leave the school system to the states?


I’m not a fiscal conservative, so it’s an easy choice for me. When a state’s education system can go from near the top to near the bottom or at the bottom in 10 years as Nevada has done, it clearly shows a need for a national expectation of standard.


But overall, this continues to rank at the very top of the shows accomplishments. I would like to see the show get out in front on the coming conflicts, and the consistency shown throughout the show’s existence makes it seem like that is going to happen.



4) See this empty observation? It’s still more than Morning Joe’s coverage of the oil spill today or recently.


That’s all for today, see you tomorrow.

Friday, February 5, 2010

In Like A Lion, Out Like A Lamb

The Morning Joe Rebuttal for February 5th, 2010


Observations:


1) I guess I made a mistake yesterday when I said I agreed with Joe Scarborough on most of the issues on health reform. Because today, it was Joe Scarborough the voodoo science obstructionist, conjuring up brand new numbers out of the air for the same old talking points, not even platform or policy, but talking points.


Joe’s math is now ‘60% of Americans don’t want health care reform’. It was 75% last week. Neither number is anywhere near the heart of sentiment on the matter. And nothing constructive can come from this message, that is so JS 5 months ago, that IT is dead and we should move on.


I want the current health care bill dead. I came out in support of the Dean decision that very day, and wrote both Senators Boxer and Feinstein asking that they vote against it. I itemized that more was lost than gained, the new coverage of 31 million was achieved by making uninsured people scofflaws if they didn’t buy a policy under the same awful conditions that exist in status quo, and that the pre-existing conditions part of the legislation was nothing more than a sound bite with no real enforcement that would create an additional cat and mouse game between insurers and hapless regulators.


Further, I’ve come out with a model for piecing together the good items into enforceable law in a bipartisan way and without loopholes, the leadership horse trade, and identified the mission as creating a hyper efficient private insurance model with strict accountability towards free market and full coverage. No state lines, no preexisting conditions under threat of lifetime liability, repeal of anti trust, and tort management.


Lastly, Joe parroting those old scripts is infuriating because we have uncovered in the last 5 months several anomalies that make American’s judgment of the issue the result of conflict of interest on almost every level. Massachusetts voters had universal coverage and thus were essentially voting a no new taxes mandate so they didn’t have to pay insurance cost for citizens of other states. Employed workers across the country are being victimized by propaganda that it will be reform that costs them insurance instead of the loss of a job or a cancellation by an insurance company on a technicality leaving them without a safety net. Uninsured are being told to vote against any mandate as a violation of their American freedoms.


And that leaves one small group of advocates. Americans who work for small businesses below the group threshold, are unemployed, are self employed or have some similar commonality that makes them outside of the reach of group insurance. Those people got news yesterday far worse than the Joe Scarborough betrayal of their trust. Blue Cross Anthem told 2.5 million California individual policy holders that they were getting a premium increase of 39% on March 1st. The average policy cost for a family of four is moving from $20,134 to $27,336 per year. Blue Cross Blue Shield have a near monopoly in this state. And there is zero regulatory recourse. The only thing that Blue Cross Anthem has to prove is that at least 70% of premiums make it to health care for covered patients. That’s not insurance anymore, that’s a siphon.


Joe Scarborough, stop with the talking points and become an advocate for an immediate solution, 2.5 million people found out yesterday, while you were in their state, how bad they need you to get this right.


2) Obama, the bad juggler part 2. Mike Allen revealed side by side today that the administration got chewed out by the junior Senator from Minnesota Al Franken, who at this point is the heir apparent to the Howard Dean lucidity throne, and then promptly that same administration sent legislators on the road to a jobs bill without a map.


If this is true, it is another major setback for an administration that is now getting Carter comparisons daily. I’m not one of them. But I’ve used the words feckless, hapless, vacuum of leadership, and rookie to describe what we saw in 2009 and as 2010 gets underway, to see the same needs to be a call to action for all of us.


Franken went off saying everything we have discussed about a lack of leadership on the issues, and went specifically after David Axelrod. Sound familiar? I remember the day that the health bill turned into untenable sausage and Howard Dean came out against it. I remember how Axelrod came out not asking to look at the issues, but to sell the talking points, and asking not for understanding but loyalty. That’s an outrage. It was an outrage listening to Senators turned into doublespeak salesmen, it was an outrage seeing the opposite of necessity nearly enacted into law, it was an outrage to have proven the opposition right.


I went to bed that night thinking maybe football is fixed and Oliver Stone’s Mr. X was the closest I would come to the truth in this lifetime.


Scarborough is the opposition, not the extremists like Limbaugh or Erickson. We have to be the example of the availability of bipartisan progress here, so the drill in the coming days is the same as oft described here: get the good people on the set, Dean, Warren, Krugman, and come out of the 10 minute segments with 4 consensus parts to a solution to each of the demons plaguing America right now, Health, Finance and Jobs.


That’s all for today, see you Monday