Please forgive the lateness of my roundupping.
• I assume that the head of the US Nuclear Regulatory Commission knows more than I do about the Fukushima Daiichi nuclear plant, and so when he says the spent fuel rods are sitting without water in some of the reactors, even when the Japanese deny this I tend to believe him. Clearly the Japanese are desperate and running out of options, and all the energy on averting disaster at Fukushima is distracting from the massive human needs issue with half a million homeless. At last count, Tokyo Electric Power was building a new power source to assist repair efforts at the plant, instead of restoring power to Japanese homes.
• Four NYT journalists, including the award-winning Anthony Shadid, are missing in Libya. Very distressing.
• The fact that the idea for a national infrastructure bank has the support of business and labor will only take it so far. If it costs ten cents, Republicans in the House simply won’t put it forward. John Thune is already casting it as a deal benefiting “urban” residents, and we all know what that means.
• The FDIC approved resolution authority rules that would wind down too big to fail firms. I do like that, under the bill, FDIC could claw back compensation from “persons who are substantially responsible for the failed condition of a covered financial company.” But given that these are all international firms, I have no idea how they think winding them down will actually work in practice. And anyway, Wall Street reform is being squeezed to the point of irrelevance by defunding and bad implementation.
• Elizabeth Warren got a grilling today from a House committee about CFPB, but she withstood the pressure pretty well. Meanwhile, Tim Geithner actually defended her role in the mortgage settlement talks, though privately he is said to be annoyed by her presence in them. In Senate Banking Committee hearings, he said it was his idea.
• In Tennessee, protesters were arrested for disrupting a committee hearing considering a bill to strip collective bargaining rights for the state’s teachers.
• In California, a foreclosure defense lawyer publicly advised people to break into their old homes because the actions undertaken by the banks are illegal. Now the state bar is trying to lift his law license.
• When the National Review is writing critical stories about Bradley Manning’s treatment, you know there’s a problem.
• If there’s any compromise on the budget, it will begin with rolling back cuts to nuclear power security, you can bet on that.
• Obama’s looking to use executive orders to close loopholes on gun safety. With a dysfunctional Congress, pretty soon this is how most laws will get made, and that’s actually not good for democracy.
• Now the House wants to tweak the medical loss ratio rules after they have been made, by exempting insurance broker commissions. This is simply a way to make broker commissions as large as possible for no material reason.
• Students keep falling behind on their loans, and this is fast becoming a crisis for the industry. I know: giving out giant loans that put students into servitude for their early careers may not be as vital as making the cost of college more affordable.
• We will have Sharron Angle to kick around anymore. She’s running for Dean Heller’s seat in the House.
• New home construction is way down. The housing market remains a wreck.
• Ann Friedman moves to Good Magazine, and in the above piece she talks about the value of new media, which James Fallows makes his piece with in a big piece for The Atlantic. By the way I’ve never read Gawker in my life and don’t think I’m missing anything.
• Democrats, led by Dianne Feinstein, introduced a bill to repeal DOMA. Considering that the Justice Department stopped defending the law in court, this is slightly more significant than most bills introduced by Democrats in this time of divided government, 99% of which will go nowhere.
• Lynn Woolsey calls David Petraeus’ happy talk on Afghanistan “the Charlie Sheen strategy.” Duh… winning!
• Lindsey Graham is trying to bait Obama into attacking Libya.
• Really dispiriting news about military confinement and sexism in Egypt.
• The Koch Brothers destroy a freshwater river.
• Blue Dog-to-K Street watch, John Tanner edition. The numbers are really adding up.
• And here’s the latest in my Silvio Berlusconi obsession. Prosecutors claim he had sex with an underage Moroccan dancer 13 times. Berlusconi’s alibi is that this proposed sexual schedule is too prodigious to be plausible. Funny, he never had a problem boasting before.





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“Elizabeth Warren got a grilling today from a House committee about CFPB, but she withstood the pressure pretty well. Meanwhile, Tim Geithner actually defended her role in the mortgage settlement talks, though privately he is said to be annoyed by her presence in them. In Senate Banking Committee hearings, he said it was his idea.” ; of course; when it goes well it’s timmy’s idea; when it doesn’t, it’s somebody else’s fault.
And allow me to piggyback on your roundup of news (and ,yeah, ol’ silvio never had a problem in the past about boasting; really telling that he’s supposedly against Gaddafi yet the Italian FM is dead against a NFZ):
“The government also retroactively classifies information as way of targeting whistleblowers. For example, in the case of FBI whistleblower Sibel Edmonds, who blew the whistle on national security breaches in the FBI’s translation division, the FBI retroactively marked as classified information about her allegations long after the same information had been publicly released by the FBI.
The Obama administration’s recent announcement targeting whistleblowers as part of its campaign to prevent leaks to the news media and Wikileaks makes situations such as Dr. Whitehurst and Ms. Edmonds more likely to occur.
TAKE ACTION! Time is of the Essence!
http://www.capwiz.com/whistleblowers/issues/alert/?alertid=35445501&type=co
Stripping pensions based on accusations of classified leaks will be yet another way that the government can retaliate against whistleblowers. It will also increase the existing chilling effect and deter federal employees from lawfully exposing waste, fraud and abuse. On the whim of the DNI, whistleblowers will lose their life savings and be forced into poverty.
The whistleblowers who lose their pensions will not be able to take their case to court. Instead, they will be forced to use the DNI’s Mickey Mouse administrative procedures to try to defend themselves. In other words, the DNI will be the prosecutor, the judge and the jury to strip pensions from whistleblowers.
Please take a minute to Call Senator Dianne Feinstein, Chair of the Senate Intelligence Committee, and tell her to stop threatening whistleblowers and withdraw such harmful language from the Intelligence Authorization Bill.
Senator Dianne Feinstein (202) 224-3841″
Unlike Illinois, Arizona’s death house is open for business.
Wisconsin updates:
Lawsuit settled: Isthmus, AP will get emails, Walker must pay legal costs Yay! Link.
[Dane County WI] DA files open meetings complaint against Fitzgerald over budget session LINK.
Speaking of Wisconsin –
Even as the Democratic recall efforts go like gangbusters, the Republican ones are moribund.
TX, also, of course. I meant to post earlier about the disgust of hearing news report about the lethal drugs TX has to substitute b/c of lack of the preferred…as if we are ordering wine or steak medium rare. Just inhumane. Maybe enough disgust can make us change our barbaric behavior.
From your story:
Great… They’re buying the drugs from a drug dealer. Why not just OD them on some black-tar heroin.
Yes! Thnx.
If only there was some major issue that had mobilized the Democratic base that the president could advance through executive orders? Something that could strategically help them in the long run, help rebuild the middle class and get us back on the road to a healthy economy (and help make up for a failed campaign promise in the process)?