I guess there are primary elections tonight in Wisconsin, Maryland and DC. Jon Walker has you covered.
• Why is the takeaway in these kinds of stories about how “reforms” of foreclosure fraud will widen, rather than the realities of foreclosure fraud happening industry-wide at even the smallest operators? Doesn’t that speak to the fundamentally broken model of mortgage servicing? Why are we trying to sustain it?
• “Drone operator” is now a basic profession in America, complete with boredom and striving for something more out of life.
• The new wrinkle in this mortgage backed securities lawsuit by a German bank is that they contend that the mortgage backed securities don’t actually exist, because the mortgages were not properly conveyed to the trusts.
• This isn’t a perfect description, but it’s mostly true that we’ve had a recovery-less recovery.
• The New Republic maps out an Obama second term. Most of the recommendations are pretty rote, but I was pretty stoked by John McWhorter’s call for the President to end the drug war.
• Van Jones puts a little too much emphasis on “outsiders” in this critique of the demobilization of the grassroots. Or at least, what he calls “outsiders” I would actually call insiders.
• Curveball admits he lied. Old news, but amazing how much damage one man’s lies – and those who appropriated them to their own ends – caused.
• I guess exempting police and firefighter unions from his anti-union machinations paid off for Scott Walker, at least among those unions in his hometown of Milwaukee. Statewide, the lead police and fire unions are likely to oppose Walker and support his challenger in the recall.
• Approximately nobody cares about the repeal of Don’t Ask Don’t Tell, and it will not be a factor at all in the upcoming elections. It was that most successful of triumphs, an utterly boring one.
• Much thanks to Jared Bernstein for shooting down this ridiculous notion that we’re headed to a “recovery” in housing.
• Auto sales actually dropped a bit in March compared to February, but still plugged along at a pretty solid pace, with particular growth in fuel-efficient vehicles.
• UN observers will enter Syria to monitor the cease-fire. Hopefully they’re better than the Arab League observers.
• Meanwhile, former Syrian soldiers who escaped the regime are speaking out for the first time about killing civilians.
• Smaller banks are no saints, as they shift their charters to avoid federal regulation and downshift to more compliant state regulators (yes, there are regulators more compliant than the feds).
• Good takeout by Ryan Grim and Ben Hallman on Fannie Mae and forced-place insurance.
• It would be hard to find someone who deserves a Hillman Prize more than Ta-Nehisi Coates.
• The Fed signals that the economy is on its own at this point, with no more asset purchases on the horizon.
• Xavier University just curtailed its contraception coverage through its health plan, which they were offering, but now that it has been mandated, they just can’t bear to deal with their consciences.
• UN agencies got the message from the US defunding of UNESCO over Palestinian recognition. The International Criminal Court just denied Palestine the same thing.
• The last refuge of a true loser: hoping to influence the party platform, a la Newt Gingrich. And what does he want to add to it, exactly? His moon colonization plan?
• Weep for the processor of ammonia-treated “pink slime” beef-like product, now headed into bankruptcy. I am not of the belief that we should keep eating sickening products to keep this company in business. And if you believe that people won’t just eliminate their pink slime intake and replace it with some other form of sustenance, the food preparation, distribution and sales industries will make up the difference.
• Atrios’ Wanker of the Decade awards have begun, with Megan McArdle taking the 9th runner-up spot. Atrios also has a fundraiser going.




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As a reminder to everyone, thanks to the magic of corporate capitalism, bankruptcy does not mean out of business.
AFA Foods will still continue to make & sell this swill, so be forewarned.
TARP and a governor’s race:
“David Spence, Repug, wants to be governor or MO. He was on the board of Reliance Bancshares, Inc., “a holding company that accepted a $40 million” loan from TARP. Spence said he didn’t vote to delay payment, but turns out he did. Moreover, he “took out at least $9 million in mortgage loans for his business and a vacation home” and on and on.
LINK.
Oh, how the mighty are falling.
James Murdoch resigns as BSkyB chairman LINK.
Anybody know if such things actually work?
How to hide emails from government snooping
LINK.
Re Curveball: But how do we know when he’s not lying?
Something weird and wild for your amazement.
Uh-oh.
Appeals court fires back at Obama’s comments on health care case
“In the escalating battle between the administration and the judiciary, a federal appeals court apparently is calling the president’s bluff — ordering the Justice Department to answer by Thursday whether the Obama Administration believes that the courts have the right to strike down a federal law, according to a lawyer who was in the courtroom.
“The order, by a three-judge panel of the U.S. Court of Appeals for the 5th Circuit, appears to be in direct response to the president’s comments yesterday about the Supreme Court’s review of the health care law. ”
LINK
• Curveball admits he lied.
har.
I seem to recall that the German intelligence agency told the American one that “curveball” was a liar and untrustworthy. no matter.
Also, the nephew of the dictator (of Iraq), the guy that was in charge of weapons programs said there were no “mass destruction”weapons or programs. they were all destroyed.
funny, how the guy telling the truth was ignored, and the liar was believed.
anyone want some yellowcake? I hear it’s easy to get in Niger.
every day on the radio I hear pitiful pleas from American veterans who have had parts blown off their body, or their brains destroyed, asking for help.
I guess those soldiers, and the iraq citizens, should just look forward and be thankful.
thuggery, criminality, grossest greed, and depravity.
also,
fifteen million people demonstrated against the invasion of Iraq. How could they know, and the American system of government couldn’t figure it out?
What this war proved to me, above all else, was that once those in the mighty United States of America who have the power to start a war decide to do so, nothing can stop them.
and here we are, not even out of the bush wars, with Obama, clinton and friends eager to start their second major war. along with all of their other adventures around the world.
The world isn’t even finished four years with these war lovers.
Without the slightest doubt, war is the greatest evil perpetuated by mankind.
Twenty some years ago or whenever it was that george started the War On Drugs, someone on KPFK radio smirked, “Why not? We do everything else on drugs…”
Regarding the pink slime. . .
I just bought a 4 pound chuck roast which I’ll grind into hamburger at home. Price is the same, no slime.
We should hear more about how this story got out. Pink slime has been in our food for a long time, no? Why now? Whoever blew the whistle deserves a medal.
That’s an hilarious quote. Here’s a brief history.
I can think of people much more deserving of the Hillman prize than Coates: Glenn Greenwald and anyone from FDL. Coates has one foot in liberalism and one foot in the Democratic Party, which seems to be what Hillmann likes.
Bank of NY Mellon must face lawsuit on Countrywide LINK.
As the day draws to a close and night descends across the US of A:
Kasich signs HB 275 – Ohio’s consumer law now among nation’s worst: Plain Dealer
“With the scratch of a pen, Kasich granted companies that cheat Ohioans a “right to cure,” which lets wayward businesses dodge consequences for using deception as a sales tool.
“Supporters of the change clung to the rationalization that it would speed up resolution of court cases. It hastens the disposition of cases, all right, but it does nothing to speed justice.”
LINK.
Health Care Benefits On The Line As States Struggle With Medicaid Costs
“In Pennsylvania, the struggle to keep up with the demand for health care among the state’s poor residents means that nearly 90,000 children are losing access to Medicaid benefits.
“The administration of Gov. Tom Corbett (R) says it’s just cleaning house and striking people from the program whose paperwork isn’t in order, but critics see the move as an underhanded effort to reduce state spending by dumping needy children, according to the Philadelphia Daily News. Those 89,000 children all lost Medicaid benefits just in the five months between August 2011 and January 2012, the newspaper reports, citing data from the state agency that runs Medicaid.” LINK.
And in a major assault on logic and women, AZ legislators are working to define pregnancy as beginning two weeks prior to conception.
LINK.
Van Jones puts a little too much emphasis on “outsiders” in this critique of the demobilization of the grassroots.
Let me guess before I look: He’s taken a page out of the ME playbook: Iranians?
The International Criminal Court just denied Palestine the same thing. On recognition: that is one reason why Israel is so dead set against them gaining recognition, they can’t bring cases against israel. IIRC, they can only use the UN Human Rights Court. Ban has stripped any investigative bodies there of anyone who does meaningful work.
There was no problem with the Arab League Observers, except that they didn’t report what they were told to report. They reported on both sides, and said that the rebels were also killing the minorities and engaging in terrorism. Not helpful for political purposes.
he he.. me too.
I’m grinding it in my food processor. Even the grassfed beef hamburger I bought had an ammonia smell to it.
So, then, exactly when does premature ejaculation occur? So confusing.
Think Nixon
http://en.wikipedia.org/wiki/DEA
Thanks….meanwhile Penn kicks the kids off Medicaid. Back we go to the 12th century. pretty soon we’ll have to wear Chainses ( with hole at groin) to make sure nobody actually ENJOYS sex
We also have Stand your Ground, (stalking a prey is considered a form of “stand) The Voter ID electronic poll tax, which when Attorney General, corbett didn’t prosecute any voter fraud cases and the usual Grover Norquest disciples.
Boy, that’s rich given that the Administration co-opted MoveOn and union leaders, many of whose members initially supported single-payer, maneuvered those organizations into dropping single payer demands in favor of a public option, and finally got them to trade in their public option signs for the simple demand that the ACA be passed. If the groups flattered into impotence by D.C. insiders had instead joined forces with HealthcareNow (Physicians for a National Health Program, CA nurses unions), single payer advocates would have been a lot louder. Jones doesn’t get across the fact that the MoveOn et al crowd wasn’t so much timid as easily suckered.
And yet Michael Wolff seems (justifiably) perplexed about something which, frankly, worries me a bit also: