The Roundup for September 12, 2011

Let’s put this one in the books:

• There’s more detail here on Treasury ending some taxes on foreign multinational profits. Needless to say, the idea that the tax offsets in the jobs bill reveals a newly liberated White House ready to take the wood to corporate America is undercut by this trial balloon.

• Corporations, by the way, were already pressing the Super Committee to “go big” on deficit reduction, so if that tax trigger from the jobs bill comes to pass, expect even more lobbying.

• Europe continues to lurch through crisis. Krugman gives his thoughts. Brad DeLong calls European central bankers “reputationally-bankrupt zombies gambling for resurrection.”

• Housing definitely got ignored in the American Jobs Act, although since that bill won’t pass, and since FHFA seems a bit more compliant on refinancing, housing might be the only part of the plan announced last week to get enacted.

• Tim Pawlenty endorses Romney. Bobby Jindal endorses Perry. The endorsement primary has begun, and there are only two competitors. Perry, by the way, is seen right now as the most electable candidate.

• Krugman doubles down on his 9-11 comments. And he reminds people that he said all this stuff in real time, a fact about which he says “there’s nothing I’ve done in my life of which I’m more proud.” This is all just a witch hunt, anyway.

• Beau Biden is sticking with Eric Schneiderman and a full investigation of the banks’ mortgage securitization practices, even though his home state of Delaware is full of bank-worshipping politicians of both parties. It says something about him.

• The entire coral reef ecosystem will be gone by the end of the century, because of climate change.

• Stephen Walt on Iraq – “Who do we think we’re fooling?”

• There was an explosion at a French nuclear plant today that killed at least one. So far there’s no indication of a radiation leak.

• In case you didn’t know, Jared Bernstein supports chained CPI. He obviously thinks that the problem with Social Security is that it’s just too damn generous.

• Health insurance denials in the individual market, for things like pre-existing conditions (which will be banned in 2014 under the Affordable Care Act), are nearing 20%.

• Bank of America, still trying to get small enough to fail, announced they would cut 30,000 jobs by 2014. The stock barely budged on the news.

• David Weprin will lose tomorrow’s special election in the outer boroughs of New York, a heavily Orthodox Jewish area, even though he’s significantly to the President’s right on Israel.

• Bob Woodward breaks with convention and dares to criticize Dick Cheney.

• Mitt Romney bashed the NLRB today for daring to do their jobs and uphold established labor laws.

• The primary between Mazie Hirono and Ed Case for US Senate in Hawaii probably reflects the widest gulf between progressives and neoliberals in the country. Good thing that Hirono has the implicit backing of the two current Hawaii Senators.

• Sabrina Stevens Shupe notes that Michelle Rhee’s organization Students First hasn’t bothered to mention the American Jobs Act, despite the multiple measures that would go to education. When all you have is a fire-teachers and charter-school hammer…

• Gabrielle Giffords will sit for her first interview with Diane Sawyer on November 14.

• We’re up to 2,600 deaths from state-sponsored violence against protesters in Syria.

• Covering for Rick Perry, the Texas Attorney General basically shut down a commission investigation into Cameron Todd Willingham’s wrongful execution.

• As soon as the civil war between rebels and the regime ends in Libya, the civil war between rebels and civilians will begin.

• America actually has a relatively small small business sector. I blame big-box retail.

• Doonesbury is cross-promoting with Joe McGinniss’ new Sarah Palin book.

• George W. Bush was never more nervous during his entire Presidency, a Presidency that included two wars, 9-11 and a potential financial collapse, than when throwing out the first pitch at the 2001 World Series.

• I called that Bloomberg would close the Curb Your Enthusiasm season by kicking Larry David out of New York about three weeks ago.

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