Truth and Traditions

Sincere, passionate, hysterical belief that the country is full of (make-believe) anti-American enemies and (fictional) foreign horrors is the besetting national disease. And I’ve diagnosed the systemic problem: the American body politic suffers from autoimmune disorders.

It’s a metaphor, but it’s not a joke. I’ve read a lot about autoimmune diseases — the literal, medical kinds, also disconcertingly on the rise — because several members of my family have them. At some point, our bodies’ own immune systems went nuts, mistaking healthy pieces of our anatomies — a pancreas, a thyroid, a joint — for foreign tissue, dangerous enemies within, and proceeded to attack and try to destroy them. It’s as close to tragedy as biology gets.

Which is pretty much exactly what’s been happening the last decade in our politics. The Truthers decided the U.S. government was behind 9/11. Others decided our black president is definitely foreign-born and Muslim.

via Our Politics Are Sick – NYTimes.com.

Surprise! Surprise! Another politician playing Mr. Rogers to corperate persons: Won’t you be my friend? Scratch my back, I’ll scratch yours:

The conservative Washington Examiner lambasted Perry on Wednesday as a “cowboy corporatist.” Timothy Carney, who covers the intersection of corporate and political power for the Examiner, detailed how Perry created and ran the Texas Enterprise Fund and the Texas Emerging Technology Fund to hand over taxpayer money to private businesses. The nominal purpose is helping businesses expand in Texas or relocate there. Being a Perry donor is the surest route to winning a grant from one of these slush funds.

via Conservative Criticism of Rick Perry’s Corporate Cronyism | The Nation.

Austerity, for Whom?

Just exactly who’s supposed to be austere, anyhow? You and me, that’s who. All the evidence says that the super-rich and just getting richer and richer. And they’re they ones calling for austerity. Austerity means tax the poor and reward the rich.

Yet, even at this hour, leaders on both sides of the Atlantic seem determined to handcuff fiscal policies — the main tools that can increase jobs, consumer demand and economic growth — with an unquestioning devotion to rigid austerity. . . .

Excessive indebtedness is a real, long-term problem. But Europe’s broad downward trajectory can only be turned around if governments — both those of lenders and debtors — spend more in the near term to put people back to work and get consumers back to spending.

via Austerity Is the Wrong Idea – NYTimes.com.

Since when did SEC stand for Safely Enabling Criminals?

For the past two decades, according to a whistle-blower at the SEC who recently came forward to Congress, the agency has been systematically destroying records of its preliminary investigations once they are closed. By whitewashing the files of some of the nation’s worst financial criminals, the SEC has kept an entire generation of federal investigators in the dark about past inquiries into insider trading, fraud and market manipulation against companies like Goldman Sachs, Deutsche Bank and AIG. With a few strokes of the keyboard, the evidence gathered during thousands of investigations – “18,000 … including Madoff,” as one high-ranking SEC official put it during a panicked meeting about the destruction – has apparently disappeared forever into the wormhole of history.

via Is the SEC Covering Up Wall Street Crimes? | Rolling Stone Politics.

In an interview with Charlie Rose last night, Berkshire Hathaway CEO Warren Buffett called the 2012 Republican contenders “pathetic” over their opposition to raising taxes.

via Warren Buffett Calls GOP 2012 Candidates “Pathetic”.