The Roundup for October 26, 2011

It’s fun to have all these Occupy Together encampments all over the country, because now we can all play “Guess the Police State” and wager on which city will send in the tear gas and rubber bullets next.

• You’ll be shocked to know that, after running the numbers on Rick Perry’s flat tax (which isn’t a flat tax) plan, it ends up being a giveaway to rich people! How did that happen? I’m sure they’ll tweak their numbers.

• Matt Taibbi has a closer look at Perry, done with his usual gonzo aplomb. He even found time for a much better piece on his blog about how supporters of Occupy Wall Street don’t begrudge success, they begrudge cheating and fraud.

• More Perry: the redistricting maps he signed in Texas disenfranchise Hispanics, and the Justice Department appears to have the goods on this as far as evidence of them being designed to disenfranchise. Oh, and Perry is also getting substantial contributions from the children of wealthy people. They must have some allowances!

• Why should I be using as evidence of Barack Obama’s greatness, as some defenders are today, the fact that he implemented fewer regulatory rules than George W. Bush? First off, it’s a crude statistic. Second, being better for business than Bush is an ignominious honor. Maybe it defuses a GOP talking point about regulatory uncertainty, but it makes the Obama White House look just terrible. It isn’t like there wasn’t any regulatory capacity after eight years of Bush and a close-to-unbroken line of 35 years of deregulation.

• The kickoff to the health care law challenges in the Supreme Court is November 10.

• The last major challenger, Alan Khazei, has dropped out of the race against Elizabeth Warren in MA-Sen. Guess nobody saw her Occupy Wall Street comments, which she clarified today, as an opening. Charlie Pierce has an interesting recap of Warren’s campaign run. And this is the picture that has Scott Brown intermittently checking the want ads.

• Speaking of Pierce, great stuff on Paul Ryan’s Heritage speech today. Although I must quibble with him on this, Joe the Plumber won’t win a race for Congress, because his idiocy aside, in his infinite wisdom Joe chose the most Democratic seat possible in the Ohio area to stake his claim.

• Ben Bernanke has some housing recommendations for Congress. Hopefully they aren’t of the Rep. Randy Neugebauer “liquidate everything” variety. Interestingly, the original “liquidate everything” guy, Mitt Romney, saw one of his chief economic advisers, Glenn Hubbard, endorse the Obama refi plan.

• This is unacceptable, Medicare is judging drugs based on their performance! We cannot have performance-based analysis! Death panels!

• If every energy process in America subsists on some form of subsidy, then excluding solar and wind, which may happen if current tax credits expire, is picking winners and losers for the dirty energy side of the equation.

• The recriminations on who “lost” the Iraq negotiations begin.

• I think some of these late polls showing Herman Cain in front in various states are catching the cusp of his popularity in the GOP race. They haven’t caught up to the abortion comments and 9-9-9 flap. This set of polls seem to be picking up the other side of this, with Romney moving out in front. The poll shocker of the day shows Obama ahead of the GOP field in Arizona.

• The floating-rate Treasury note looks a little desperate to me. But it could attract investors who want a higher yield eventually.

• The defense industry put out a report that laughingly claims major job loss if the military budget doesn’t stay bloated.

• Still nothing from Europe. Calculated Risk has the latest. Tomorrow could be a fun one in the markets.

• Happy 10th anniversary to the Patriot Act. Feel safer?

• It’s not going to be easy to recall Scott Walker, because a lot of the anger around his extreme agenda has faded, and because there’s no strong candidate on the Democratic side yet to challenge him.

• Rick Hasen writes that soft money is basically back, and campaign finance laws are basically almost gone.

• The Awlaki family is right to be angry at the murder of their 16 year-old son by a secret drone strike which the US government refuses to explain.

• Frank Pallone goes hard after the Administration for giving up on their commitment to work on the crisis in long-term care.

• Sarah Kliff argues that the new proposed rule on adjusted gross income and Medicaid is actually not all that bad an idea. I don’t really know anyone who earns a “hefty Social Security income,” however.

• The SEC softens yet another Dodd-Frank reform, this one on hedge fund reporting.

• I hope against hope that Tunisia can become a model in the Arab world on LGBT rights.

• A real-life Slumdog won the Indian version of Who Wants to Be a Millionaire.

• TSA: in your luggage, leaving perverted notes. How many times did this happen to people without a blog outlet, so we never knew about it?

• This newly unionized car wash in Santa Monica is the first of its kind in the country. I usually wash my own car, but I’m going there this weekend to support.

• I want Eddie Vedder to cover Black Flower in the White House. You?

• Leslie Knope is a corrupt public official.

Exit mobile version