I passed over 9,000 posts at FDL over the weekend. So that was fun.
• The first round of talks with Iran on their nuclear program showed enough progress that the two sides scheduled a new round of talks for late May in Baghdad.
• The World Bank Presidency outcome will probably be known on Monday. Jim Yong Kim is the American favorite, but Nigeria’s Ngozi Okonjo-Iweala has been garnering a lot of support, and the third challenger, former Colombian finance minister Jose Antonio Ocampo, dropped out and backed Ngozi, making this historic challenge to American leadership even more possible.
• The UN authorized 30 military observers to enter Syria, and the monitors arrived on Sunday, but at the same time regime forces resumed shelling towns. The monitors appear to be heading into a renewed war zone, much like the ineffectual Arab League monitors from earlier in the year.
• The President’s trip to the Summit of the Americas conference in Colombia was marred by the Secret Service prostitution scandal, which appears to be widening in scope. This is a real embarrassment for the President, who projected anger about it in remarks on Sunday. The fact that bombs went off in Bogota (the President was in Cartagena) during the visit can’t be helping matters.
• Meanwhile, the real news at the Summit of the Americas was the regional revolt from the US position on Cuba, with the summit divided over whether to invite Cuba to future meetings, and no formal declaration coming out. This could be the last Summit of the Americas.
• Truly an awesome column from former FDIC Chair Sheila Bair. It’s actually ends as a screed against runaway inflation, but the logic of the beginning is scarily consistent, and more plausible than I think she wanted to make it.
• According to Eliot Spitzer and pretty much anyone paying close attention, Barack Obama “has really been on Wall Street’s side since Day One.”
• Judge Jonathan Lippman is doing very good work on foreclosures in New York, basically with a mandatory mediation program between borrowers and the foreclosure mill law firms.
• Here’s more on that redefining of second liens at JPMorgan Chase and Wells Fargo that I mentioned previously. This has the potential to be a really good thing for the housing market, but the regulators aren’t moving quickly enough to force these second liens down.
• You can almost see Ryan Avent shout out his window Howard Beale-style on this one. “Try overshooting for once!”
• We’ve been in Afghanistan so long there’s a fighting season, and it began in earnest this weekend. I was more struck by the march for justice by young women in Kabul.
• Rep. Ed Towns wasn’t really running a campaign, so his retirement isn’t much of a surprise. Hakeem Jeffries is a solid candidate in this race, the kind of liberal you need in a solidly liberal seat.
• Excellent find by Chris Hayes, Andrew Kacynzski-style, that should put an end to this whole “women should be able to make their own choices on work/family issues” nonsense.
• Kim Jong-un addressed his people in North Korea today, a break from the past: his father, Kim Jong-il, gave one public address during his entire rule. He promised more prosperity and, interestingly, an end to hunger, acknowledging mistakes in the past. The US, by the way, cut off planned food aid to North Korea, after their failed missile launch. And the North Korean leadership gave “presents” to the people, including fish and pork, which apparently each individual family has to pay for.
• Good breakdown of CISPA, the cybersecurity legislation that has the anti-SOPA activists alarmed, from Joan McCarter.
• A federal judge struck down an NLRB ruling requiring businesses to post information on worker’s union rights in the workplace.
• French President Nicolas Sarkozy broadcast a videoconference between him and President Obama a week before the first round of elections, in order to try to get some kind of endorsement from another head of state. The reaction in France has been caustic.
• Allegations of sex abuse against Bernie Fine, a longtime assistant basketball coach at Syracuse University, were revealed as a lie.
• And the excellence in headline writing award goes to: “After being bit by a penguin, Gingrich says he’s the underdog”.




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About FDL News Desk
9000 posts? Congratulations, David! And many thanks, since we’re the real winners, always benefiting from your excellent work.
AG wants mortgage, homeowner protections in law
“California’s attorney general is seeking to build on a recent nationwide bank settlement over home foreclosures by lobbying state lawmakers to advance a package of mortgage-protection bills.
“The proposals by Attorney General Kamala Harris would provide safeguards for homeowners while giving her office more leeway to investigate financial crimes.
“Harris plans to testify before legislative committees Monday and Wednesday as she promotes an 11-bill package that she is calling the California Homeowner Bill of Rights.”
LINK
I don’t think I have read all nine thousand.
leaving out your work on North Dakota,
you are doing a lot of good work Dave.
Thanks.
USA, projecting power. great way to spend your money right? training Moroccan soldiers.
“The V-22 in question, assigned to Tiltrotor Squadron 261 based in North Carolina, was
According to the Naval Safety Center, the Osprey was flying near the coastal city of Tan-Tan in southern Morocco when it went down at 3:55 p.m. local time.”
http://www.wired.com/dangerroom/
Merkel, Obama. Sarkozy is the plutocrats’ choice. I hope the Socialist is a real Socialist and not one of those phony Greeks Socialists who are just corporatists in disguise. On an encouraging note, the Communist-backed Melenchon is in third and rising. If France truly rejects the corporatocracy, the entire Eurobankster state is in jeopardy since Germany needs France for cover.
Congratulations and thanks for all your great work, Dayen. You have maintained your integrity when I’m sure there have been many tempting offers to sell out.
http://www.latimes.com/news/nationworld/nation/la-na-az-immigrant-shooting-20120412,0,1461373.story
By Dalina Castellanos, Los Angeles Times
April 12, 2012
Two illegal immigrants were shot to death by camouflaged gunmen northwest of Tucson in an incident evoking a pair of 2007 attacks, Arizona authorities said Wednesday.
They were among a group of 20 to 30 people riding in the bed of a Chevy truck on Sunday when men with rifles ambushed them, Pima County Sheriff’s Deputy Dawn Barkman said in an interview.
One of the great “might-have-beens” of the 2012 political cycle could have been a challenge by Eliot Spitzer for the Democratic nomination for president. It could have been a battle for the what little is left of the soul of the party, and could also have launched a long-needed discussion of the relationships public vs. private morality in the 21st century USA. If Spitzer were able to play it right he could have used the personal foibles that led to his fall from public grace as a platform for a critique of the rampant public immorality we see pervasive on Wall Street and inside the beltway. John Dean has pulled this sort of thing off in recent decades and Spitzer, by making a play for the nomination, might have garnered a bigger spotlight. This all assumes, of course, that the mainstream media would have given him the time of day, which it almost certainly wouldn’t have. What coverage he would have gotten would have emphasized the afore-mentioned foibles to justify the disregard of the substance. It’s understandable that Spitzer didn’t go this route, considering the distress it would have caused to himself and his family.
The “Secret Service prostitution scandal” story doesn’t pass the smell test. It seems more likely that it’s a cover story for an attempted infiltration of the Secret Service for the purpose of assassination. This article sounds like “conspiracy theory”, but infiltration of the Secret Service would necessarily be a conspiracy.
LOL. David won’t sell out. Like me, he’s figured out it’s much more fun just to give it away. :-P
Seriously. Why be a sycophant when you can be a revolutionary showoff instead? The latter is much more fun.
Congratulations on the 9,000 mark David! Great work.
Love the women and dignity clip above. I wonder how Anne Rmoney has moved through her life without some of that dignity that comes with the workplace?
Sorry to pee in your corn flakes, but I’m sure that Spitzer was just the first Eric Selloutman. If you remember, he always settled for monetary penalties and never brought criminal charges against any of the big banksters, esp. Citi CEO Sandy Weil. Lots of tough talk and populist positioning, but no real action that might upset his future fundraising.