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These are not very smart people, and things got out of hand.

Live so that if you miss a day of work people aren’t hoping you’re dead.

Why is it so hard for them to condemn hate?

America is going up in flames. The NYTimes fawns over MAGA celebrities. No longer a real newspaper.

Innocent people do not delay justice.

Jack Smith: “Why did you start campaigning in the middle of my investigation?!”

Oh FFS you might as well trust a 6-year-old with a flamethrower.

Wow, I can’t imagine what it was like to comment in morse code.

You cannot shame the shameless.

Fuck these fucking interesting times.

No one could have predicted…

If rights aren’t universal, they are privilege, not rights.

The next time the wall street journal editorial board speaks the truth will be the first.

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When do we start airlifting the women and children out of Texas?

We’re watching the self-immolation of the leading world power on a level unprecedented in human history.

A sufficient plurality of insane, greedy people can tank any democratic system ever devised, apparently.

“Until such time as the world ends, we will act as though it intends to spin on.”

Seems like a complicated subject, have you tried yelling at it?

Hey Washington Post, “Democracy Dies in Darkness” was supposed to be a warning, not a mission statement.

Every decision we make has lots of baggage with it, known or unknown.

He really is that stupid.

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You are here: Home / Archives for Economics / C.R.E.A.M.

C.R.E.A.M.

The Atlantic Has Found Its Perfect Idiot

by Anne Laurie|  June 24, 20104:42 am| 23 Comments

This post is in: C.R.E.A.M., Our Failed Media Experiment

Remember a couple weeks back, when I linked to Ken Layne’s Wonkette post about The Atlantic’s search for “29 journalists and an idiot”? You know, the ad looking for “individuals made for – naturally wired for – original insight, original frames for comment on the large, national issues. Economist rigor; Tom Friedman insight.“?

Well, Marc Ambinder, who really should know better, is thrilled to announce that they’ve hired Karl Rove’s second-favorite fluffer, Ron Fournier:

“Ron will be the first editor responsible for all of the editorial product of the National Journal publications including the National Journal magazine, nationaljournal.com, CongressDaily, The Hotline, the Almanac of American Politics and Global Security Newswire.
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Though we met only three years ago, Ron’s name has been whispered to me since my first days in Washington journalism. With genuine admiration, some of our most-talented colleagues have talked about Ron as among that small handful of the finest political reporters and editors in generations of Washington reporting. His particular gifts, unceasing focus on breaking news and original political analysis, are the first-among-equal disciplines we need to advance within our publications…”

I’ve tried to believe that Mr. Ambinder is merely practicing an unusually dry form of tongue-firmly-in-cheek-fu, but reading him suck up to someone who took such pride in sucking up to the Turdblossom is one tonguebath too far.

From Media Matters’ 2008 column, “The AP has a Ron Fournier problem”:

… [W]hile investigators for the House Oversight Committee were looking into the 2004 death of Cpl. Pat Tillman, the former NFL player whose story was promoted by the White House before it was revealed that he had been killed by friendly fire, they discovered that top political aide Karl Rove had exchanged emails with the Associated Press’ Ron Fournier on the day the news of Tillman’s death broke.
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In one email, Rove asked, “How does our country continue to produce men and women like this?” Fournier responded: “The Lord creates men and women like this all over the world. But only the great and free countries allow them to flourish. Keep up the fight.”
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That sign-off, which seemed to indicate an allegiance between the two men, raised hackles all over the Internet. That kind of correspondence (“Keep up the fight”) between a reporter and a partisan White House aide during a campaign year lands way outside the boundaries of acceptable newsroom practices…
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Fournier was declaring sides. That was the implication of Fournier’s note: “Karl, you might think the media are liberal, but you can trust me. And give me access and return my emails. Because I’m on your side.”
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The Fournier revelation came as no surprise to anyone who has read his recent campaign work, which has routinely been caustic and dismissive of Democratic contenders. In two “Analysis” pieces and a column, Fournier questioned whether John Edwards was a “phony,” announced the Clintons suffered from “utter self-absorption,” and claimed that Barack Obama was “bordering on arrogance.” That’s the right of a pundit. But at the same time, Fournier avoided raising any doubts about Sen. John McCain, and in fact rushed to his aid in print during the senator’s time of campaign need…
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Just in case this isn’t perfectly obvious, just in case people might be wondering if it’s common for objective political reporters to email partisan operatives off the record and behind the scenes, urging them to “keep up the fight,” the answer is a resounding no. Because it violates the basic journalistic guideline of maintaining neutrality. Especially at the AP, that kind of correspondence should be considered breathtakingly inappropriate.

Read the whole Media Matters article, and remember: “Economist rigor; Tom Friedman insight.” Republican Ratfvcking, no extra charge.

But I’ll bet Fournier is a master at pairing exquisite canapes with just the right vintage, which is all that the Media Village Idiots really care about, after all.

The Atlantic Has Found Its Perfect IdiotPost + Comments (23)

You Better Come Heavy

by @heymistermix.com|  June 23, 20108:16 am| 15 Comments

This post is in: C.R.E.A.M.

Blue Dog Tim Matheson, who won the primary in in UT-2 last night, wasn’t lacking for money:

By contrast, Matheson spent $757,000 as of June 2, and he still had money left to spend. About $959,000 of his contributions had come from various PACs, and $161,000 came from individual donors.

His opponent, Claudia Wright, spent about $20K after convincing 45% of the delegates at the Utah Democratic Convention to back her, which forced the primary.

I don’t know if this R+15 district could support a more progressive candidate, but this race illustrates a key point about the ugly mix that characterizes the typical Blue Dog. They’re conservative because of the ideology of their constituents, and they’re corporatist because of the demands of fundraising. If you need a couple million dollars every two years, you’re going to be in the pockets a more than one industry.

You Better Come HeavyPost + Comments (15)

What’s Her Angle?

by @heymistermix.com|  June 19, 201010:19 am| 69 Comments

This post is in: C.R.E.A.M., Republican Stupidity, Clown Shoes, Daydream Believers, Our Failed Media Experiment, Teabagger Stupidity

In the comments on the last post about Nevada Republican Sharron Angle, there was some concern that I was overconfident about Harry Reid’s chances in that race. If you don’t believe that being unable to talk to local media isn’t enough to doom Angle’s campaign, this post is for you.

Let’s take a quick trip to the FEC website and follow the money in Nevada. Reid has a mere $9 million in cash as of his last FEC filing. Angle has a whopping $138K in cash, and $170K in debt.

Compare those totals to the last race where a Democratic Senate Majority Leader was knocked off, the Daschle/Thune steel cage death match of 2004. By the same time in that race, Thune had $2.5 million cash on hand. Together, both candidates had spent more than $30 million after all the dust settled. Thune had already been a three-term Member of Congress, South Dakota is more Republican than Nevada (R+9 vs D+2), third parties were not a factor in the South Dakota race (as they may be in Nevada), and, unlike Nevada, SD doesn’t have a “none of the above” choice.

Knocking off a sitting Majority Leader isn’t a wish your heart makes. It takes a few million bucks. There’s no evidence that Angle is on track to raise anything like that kind of money. Put that together with her media savvy, and you have one really shitty candidate.

What’s Her Angle?Post + Comments (69)

Just Shoot Me Them

by Anne Laurie|  June 12, 20103:58 am| 45 Comments

This post is in: C.R.E.A.M., Assholes, Our Failed Media Experiment

It must be the off-season, when everyone goes on vacation, because neither DougJ nor the Sadly-naughts have discussed this particular travesty yet. Ken Layne at Wonkette tells us “The Atlantic [Is] Hiring 29 Journalists and an Idiot“:

The media industry has fully recovered, as evidenced by this job listing seeking thirty (30!) journalists at the Atlantic Media Group. But Atlantic Media Group’s National Journal just got rid of thirty (30!) journalists through buyouts, so the net gain of Journalism Jobs is zero (0). Still, this is enough for a shitty trend column by banal global golfer and language rapist Tom Friedman. Wait a minute, that’s just what The Atlantic needs!
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Wonkette operative “Tom Y.” sent along this Want Ad with the subject line, “ATLANTIC SEEKS TO CLONE WORLD’S WORST COLUMNIST,” which is about right. Except for the cloning part. Atlantic Media Group clearly wants to find and groom and create the next awful conventional wisdom hack on the bestseller list, and they hope to find this Mustache of the Future while the economy’s still in the toilet and every journalist fears for his or her job, every single day…

The ad itself seeks “two dozen reporters” to fill “30” openings, which is either an unusually clear signal that each new hire will be expected to perform 125% of a full-time job, or Economist Math in action. It goes on to promise:

… In all of its hiring, Atlantic Media seeks two pillar qualities – force of intellect and a personal spirit of generosity.
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Recruiting down two paths:
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Recognizing that these gifts may not present in the same individual, Atlantic Media is recruiting for individuals working down either of two paths: relentless breaking news or original, rigorous commentary.
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Breaking News – especially web savvy: The intention here is to identify reporters made for – naturally wired for – breaking news. High metabolism. Relentless. Unstoppable. Prolific.
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Original Insight: The intention here, harder to realize, is to identify individuals made for – naturally wired for – original insight, original frames for comment on the large, national issues. Economist rigor; Tom Friedman insight.

I repeat: “Economist rigor, Tom Friedman insight.” The ad may claim that “In the moment, our recruiting is focused on the National Journal magazine” (and can the person responsible for writing that ever be punished as they deserve?) but these traits in combination suggest an even more horrible possibility: Megan McArdle is getting an intern of her very own.

I guess The Atlantic board figured a nameless flunky to fill all those gaping interweb inches would make a nice wedding present, and that selfish little pommy bustard Sullivan wouldn’t give up one of his. Or else they assume that McArdle will pull the standard “conservative feminist” trick and refuse to return to paid employment after the honeymoon, on the grounds that waiting in line for the latest piece of hipster technology and researching the perfect brand of imported Himalayan pink salt is a full-time job in itself.

Whatever the reason, it remains a golden opportunity for anyone seeking revenge on an unemployed liberal-arts major who’s done something truly unpleasant, or possibly a young stupid relative with a boundless sense of entitlement and a poor grasp of social boundaries. (I wonder what Joran van Sloot is doing these days?) Any suggestions for crafting the perfect resume to properly respond to this solicitation gratefully accepted…

Just Shoot <del>Me</del> ThemPost + Comments (45)

Early Morning Open Thread

by Anne Laurie|  June 9, 20105:03 am| 21 Comments

This post is in: C.R.E.A.M., Open Threads

Happy Hump Day.
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Thank gods John Cole doesn’t pay me, so I don’t have to use these tactics here.

Early Morning Open ThreadPost + Comments (21)

Better Than An Unpaid Internship?

by Anne Laurie|  June 7, 20105:25 am| 54 Comments

This post is in: C.R.E.A.M., Domestic Politics, Daydream Believers

I was looking for my first full-time permanent job during the Republican (Ford) Recession of the mid-1970s, so I’m having a hard time finding the flaws in Robert Reich’s latest jobs-program argument:

Friday’s job report was awful. For most new high school and college grads finding a job is harder than ever. Meanwhile, states are cutting summer jobs for disadvantaged young people. What to do with this army of young unemployed? Send them to the Gulf to clean up beaches and wetlands, and send the bill to BP.
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Florida’s panhandle beaches are already marred with sticky brown globs of oil. Workers with blue rubber gloves and plastic bags are already losing the battle to keep them clean. Pelicans and other wildlife coated in oil tar are dying by the droves.
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It will get far worse. Most of the oil hasn’t hit land yet. When it does, hundreds of thousands of workers will be needed to clean beaches, siphon off oil from wetlands, and rescue stranded wildlife. Tens of thousands more will have to bring in new landfill, replace tarred sea walls, and rebuild shoreline infrastructure.
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Yet we’ve got hundreds of thousands of young people sitting on their hands right now because they can’t find jobs. Many are from affected coastal areas, where the tourist and fishing industries have been decimated by the spill.
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The President should order BP to establish a $5 billion clean-up fund, and immediately put America’s army of unemployed young people to work saving the Gulf coast. Call it the new Civilian Conservation Corps…

Of course, these will not be permanent jobs, they will be physically (and to some degree psychologically) grueling, and it will require supervisory talents that our Republican-decimated government may no longer possess to make sure the workers are given whatever safety equipment and training is necessary. But plenty of young people would volunteer to do this work, if only they had the familial resources that permit the offspring of those at the top of the economic pyramid to spend their summers networking in internships on Wall Street, Fifth Avenue, or K Street. Forcing BP to take a tiny fraction of its responsibility for this disaster by giving young Americans a respite from the unemployment nightmare seems like a political win for President Obama and Congress, and a social win for all of us.

Better Than An Unpaid Internship?Post + Comments (54)

Screwing You is Job One

by John Cole|  May 19, 20109:39 am| 33 Comments

This post is in: C.R.E.A.M., Free Markets Solve Everything, Assholes, Green Balloons, hoocoodanode

Oh, hey. More bankster criminality:

A telephone call between a financial adviser in Beverly Hills and a trader in New York was all it took to fleece taxpayers on a water-and-sewer financing deal in West Virginia. The secret conversation was part of a conspiracy stretching across the U.S. by Wall Street banks in the $2.8 trillion municipal bond market.

The call came less than two hours before bids were due for contracts to manage $90 million raised with the sale of West Virginia bonds. On one end of the line was Steven Goldberg, a trader with Financial Security Assurance Holdings Ltd. On the other was Zevi Wolmark, of advisory firm CDR Financial Products Inc. Goldberg arranged to pay a kickback to CDR to land the deal, according to government records filed in connection with a U.S. Justice Department indictment of CDR and Wolmark.

West Virginia was just one stop in a nationwide conspiracy in which financial advisers to municipalities colluded with Bank of America Corp., Citigroup Inc., JPMorgan Chase & Co., Lehman Brothers Holdings Inc., Wachovia Corp. and 11 other banks.

They rigged bids on auctions for so-called guaranteed investment contracts, known as GICs, according to a Justice Department list that was filed in U.S. District Court in Manhattan on March 24 and then put under seal. Those contracts hold tens of billions of taxpayer money.

And yet our dysfunctional Senate still can not pass meaningful financial regulation. At least the Bloomberg piece says they are ready to name names and there will be prison terms.

I eagerly await the Reason magazine treatise on how this is the fault of too much regulation.

Screwing You is Job OnePost + Comments (33)

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