So here’s the rest of the rest.
• The President met with Senate leaders of both parties today, and while there looks to be little hope for anything but gridlock, the Administration still believes there’s room for a “significant deal.” Tim Geithner sounds positive about that as well. Coming out of the talks with Harry Reid were some target numbers: a 4:1 split between spending and revenue. And that’s the DEMOCRAT’S position.
• Of course, Republicans would rather there be no tax increases whatsoever in the deal, although they have softened on the idea of user fees and other revenue-generating ideas. These are small pools from which to draw, however.
• Oh, and economic stimulus? Fuhgettaboutit.
• We are in the 100th day of the Libya campaign, with little hope for a resolution. The International Criminal Court issued an arrest warrant for Moammar Gadhafi, but that’s not likely to remove him from power. Critics like Sen. Jim Webb are frustrated by the President’s handling of the situation.
• Another EPA delay on regulations to limit pollution, at least the third I can think of this year. Predictably, Republicans still think the timelines are too short.
• The Sheriff of Dane County has taken over the investigation into the choking incident between Wisconsin Supreme Court Justices David Prosser and Ann Walsh Bradley. The Wisconsin Judicial Commission is also investigating.
• David Sirota notes the divide between how other developed nations are handling financial reform, and how it’s going in the US.
• The problem is that the halt in DREAMer deportations is not stated policy, and kids are taken almost all the way through the process before being pulled from the brink. There’s too much anecdotal evidence to the contrary to say there is a consistent no-deportation policy.
• Georgia’s anti-immigration law has been partially struck down by a federal judge. These anti-immigration laws keep hitting these roadblocks.
• US Consumer spending bottomed out in May, another bad sign for a weak economy.
• French banks agreed to a rollover of Greek debt, which gives the second bailout (or, if you prefer, delay of the Great Reckoning) a chance of working temporarily. But the Greek Parliament has to pass that austerity/privatization plan. Two days of protests are scheduled.
• The Chairman of the Afghan Central Bank just resigned because he didn’t feel safe in Kabul anymore. This is fallout from the depressing Kabul Bank scandal.
• Joe Biden’s power may be growing on foreign policy, but it’s a game of inches. The drawdown in Afghanistan remains agonizingly slow, and despite the “end of the combat mission” in Iraq soldiers are dying there at the fastest rate in two years.
• The Chair of the Nuclear Regulatory Commission tried to reassure the public about the Nebraska nuclear plant. Incidentally, while many countries are pulling back from nuclear power, Nicolas Sarkozy of France is investing in it.
• The tea party debt panel should be fun. Looking forward to all the technical talk about bend points and chained CPI.
• Blago has been found guilty on 17 counts of corruption. He did a very poor job of hiding his efforts at profiting from public office.
• Disturbing undercover video from North Korea.
• The states that have cut the most spending from 2007-2010 have also lost the most jobs.
• Erik Wemple’s media crit blog at the Washington Post could be interesting.
• Tim Pawlenty’s going for the neocon vote. It’s the only leg of the stool available to him.
• They don’t even like attacks on teachers in Tennessee, let alone anywhere else.
• A news blog in Rockville, Maryland, just went all Facebook. I could see this as a trend.
• Behind the scenes on that rainbow-colored Empire State Building after the marriage equality vote Friday night. Apparently it coincided with Pride Weekend in New York, so the preparations were already in place. And Bob Weir had something to do with it.
• Zero-waste grocery store hits Austin, Texas. No packaging involved.
• The household appliance that sucks up the most energy is your DVR.




19 Comments

Support this site!
Subscribe to the newsletter
Advertise on Firedoglake
Send
us your tips
Make us your homepage
About FDL News Desk
Interest rates must rise worldwide, says BIS
“The Bank for International Settlements (BIS) has warned that low interest rates across the globe are a threat to world financial stability.”
LINK.
What can you do if the Supreme Court won’t allow any kind of campaign finance reform? Constitutional amendment?
GASP: a big surprise:
BY JERRY A. DICOLO
“WASHINGTON—U.S. commodity regulators are examining suspicious trading in oil futures markets ahead of Thursday’s news that countries around the world would release crude from strategic stockpiles, a person familiar with the matter said.
The fact that oil prices sank hours before the International Energy Agency announced a coordinated release of 60 million barrels of oil could indicate that some market participants got wind of the decision early, the person said. Traders also have raised the possibility of a leak.”
http://online.wsj.com/article/SB10001424052702304569504576405900502369200.html?mod=googlenews_wsj
absolutely shocking.
solution: solar panels on your roof, fill your car with energy from the sun and earth, get off the grid.
that would put an end to this crap pronto.
at this point, it would be very difficult to raise the interest rates, at least in Canada.
I’ve been waiting for this shoe to drop…
Turkey tells West it might launch offensive against Syria
Turkish officials have told Western countries that Turkey might launch a military operation in Syria’s north to overthrow President Bashar al-Assad’s regime, a Kuwaiti newspaper reported on Monday.
“Turkey informed Britain, France, Italy, Germany and the North Atlantic Treaty Organization (NATO) leadership of the possibility that it would launch an offensive in … Aleppo, Homs, Hama and Latakia,” As-Seyassah daily quoted an unnamed British officials as saying, according to the Lebanese news website nowlebanon.com…
Ex-Blackwater worker gets prison for Afghan killing
“A former security contractor for Blackwater Worldwide was sentenced on Monday to 30 months in prison after being convicted of manslaughter for the death of an Afghan man in 2009 in Kabul.”
LINK.
” . . . could indicate that some market participants got wind of the decision early . . ..”
As my Southern grandmother was wont to say, “Well, I’ll swan.”
Following hard on the heels of that extraordinary article you posted Sunday, David, comes this;
Investors may fund [MA] social programs
State exploring ‘pay for success’; Profits would be tied to cost savings
LINK.
Voters give Obama lowest rating yet on economy
“Only 37 percent of registered voters approve of his handling of the economy, his lowest rating ever, according to a new McClatchy-Marist poll.
“Another ominous sign for Obama: By nearly 2-1, voters disapprove of how he’s handling the federal budget deficit, expected to hit a record $1.5 trillion this fiscal year, which ends Sept. 30.”
LINK.
i
I doubt it. Turkey has been trying to strengthen its ties with Iran, and Iran’s not going to be happy if Turkey attacks its #1 ally. More likely the tough talk is just to appease the west.
Nate Silver continues his bull’s-eye critique of Obama, this time calling bullshit on Matt Yglesias’ “politics is the art of the possible” defense.
http://fivethirtyeight.blogs.nytimes.com/2011/06/27/cuomo-obama-and-the-realm-of-the-possible/?utm_source=twitterfeed&utm_medium=twitter
Nate Silver taking on Matt Yglesias? OMG — internecine sniping in the Veal Pen. Stop the presses!
BBC, NPR, NYT, ABC and FOX all report on Philip Morris Asia threatening to sue the gov of Australia over their attempt to strip branding from packaging – the logos – of tobacco products in their country.
When companies instead of npo’s or nations run the world, they will sue governments over threats to their interests and win. Coming after the US gov intention to place warning pix on cig packs (like in Canada), this action against Australia seems a warning shot across the bow. Methinks this story is looking into the future.
I would write a dozen stories on this, as this is what I’ve researching this a dozen years. But does anybody here want a history lesson on the Opium Wars in China or that of the 16th cent Spanish merchants suing for the right to trade with the American indigenous and how this relates to the turn in history we presently are experiencing?
Just noticed that ace bass, Phil Lesh, had something to do with the rainbow colored building, too.
… Silver article.
I have read, (climateprogress) that it’s worse than that. Obama made no push whatsoever for climate change. none. and he continues to do next to nothing, relative to the problem.
People puzzle over this, “does he get it” etc. but it doesn’t matter. He has failed on climate change, without even trying.
And then there’s The Short List (his accomplishments).
I don’t have 30,000 dollars for anything espically solar panels. Do you think the government could fund something like green energy jobs naw, we got civilians to bomb.
no, cause oil and coal want the world to continue to be enslaved to them, and their greedy, worthless, truly evil owners and managers.
if green power manages to survive if it comes before it doesn’t matter anymore, and we all get off the grid, this world will change in a big way.
just imagine, unhooking your line to the power co. and turning on your homemade power.
what a fine day that would be.
very short list. it would take about ten seconds to write it out.