Author: Matthew G. Saroff

In His House at R’lyeh, Dead Cthulhu Waits Dreaming*

Archeologists have found a massive buried structure beneath Kinneret (the Sea of Galilee):

The massive circular structure appears to be an archaeologists dream: a recently discovered antiquity that could reveal secrets of ancient life in the Middle East and is just waiting to be excavated.

It’s thousands of years old — a conical, manmade behemoth weighing hundreds of tons, practically begging to be explored.

The problem is — it’s at the bottom of the biblical Sea of Galilee. For now, at least, Israeli researchers are left stranded on dry land, wondering what finds lurk below.

The monumental structure, made of boulders and stones with a diameter of 70 meters (230 feet), emerged from a routine sonar scan in 2003. Now archaeologists are trying to raise money to allow them access to the submerged stones.

“It’s very enigmatic, it’s very interesting, but the bottom line is we don’t know when it’s from, we don’t know what it’s connected to, we don’t know its function,” said Dani Nadel, an archaeologist at the University of Haifa who is one of several researchers studying the discovery. “We only know it is there, it is huge and it is unusual.”

A massive ancient structure underneath a body of water full of historical and mystical overtones.

I’ve got a bad feeling about this.

* Not exactly my line, Molly NYC made an abbreviated version of this in thee comments for the linked article.

Speaking of Not Being Surprised………

We are now discovering that charter schools in Tennessee have been systematically kicking out struggling students just before state test time, pushing them back to public schools, who take the hit on their test scores, while the charters get money for the time that they were at their schools:

Leaders with Metro Nashville Public Schools have serious concerns about what is happening at some of the city’s most popular charter schools.

Students are leaving in large numbers at a particularly important time of the school year, and the consequences may have an impact on test scores.

Charter schools are literally built on the idea that they will outperform public, zoned schools. They are popular because they promise and deliver results, but some new numbers are raising big questions about charter schools.

One of the first things a visitor sees when stepping into Kipp Academy is a graph that shows how Kipp is outperforming Metro schools in every subject.

However, Kipp Academy is also one of the leaders in another stat that is not something to crow about.

When it comes to the net loss of students this year, charter schools are the top eight losers of students.

In fact, the only schools that have net losses of 10 to 33 percent are charter schools.

………

“That’s also a frustration for the zoned-school principals. They are getting clearly challenging kids back in their schools just prior to accountability testing,” said MNPS Chief Operating Officer Fred Carr.

Nineteen of the last 20 children to leave Kipp Academy had multiple out-of-school suspensions. Eleven of the 19 are classified as special needs, and all of them took their TCAPs at Metro zoned schools, so their scores won’t count against Kipp.

Of course it won’t count against Kipp.

The evidence, when corrected for things like students socio-economic status, is that charter schools don’t do any better than public schools, but that fact is ignored, because the educational reform establishment is dedicated to creating a for-profit educational system, so if fraud is required so that Wall Street can make a few bucks off of our children.

It’s applying the sub-prime mortgage industry to our education system.

H/t Diane Ravitch.

Not a Surprise………

The Washington Post has a must read article describing just how the “talking points” over Benghazi evolved, and the bottom line is that, in a response to some basic information from Congress a few days after the killing of Ambassador Stevens.

Members of the House Permanent Select Committee on Intelligence wanted some clarification on what was known, and what they could talk about, and then-CIA director David Petraeus, always looking for an opportunity to polish his public image, created a report that largely, and incorrectly exonerated him and the agency:

The controversy over the Obama administration’s response to the Benghazi attack last year began at a meeting over coffee on Capitol Hill three days after the assault.

It was at this informal session with the House Permanent Select Committee on Intelligence that the ranking Democrat asked David H. Petraeus, who was CIA director at the time, to ensure that committee members did not inadvertently disclose classified information when talking to the news media about the attack.

“We had some new members on the committee, and we knew the press would be very aggressive on this, so we didn’t want any of them to make mistakes,” Rep. C.A. Dutch Ruppersberger (Md.) said last week of his request in an account supported by Republican participants. “We didn’t want to jeopardize sources and methods, and we didn’t want to tip off the bad guys. That’s all.”

What Petraeus decided to do with that request is the pivotal moment in the controversy over the administration’s Benghazi talking points. It was from his initial input that all else flowed, resulting in 48 hours of intensive editing that congressional Republicans cite as evidence of a White House coverup.

A close reading of recently released government e-mails that were sent during the editing process, and interviews with senior officials from several government agencies, reveal Petraeus’s early role and ambitions in going well beyond the committee’s request, apparently to produce a set of talking points favorable to his image and his agency.

The information Petraeus ordered up when he returned to his Langley office that morning included far more than the minimalist version that Ruppersberger had requested. It included early classified intelligence assessments of who might be responsible for the attack and an account of prior CIA warnings — information that put Petraeus at odds with the State Department, the FBI and senior officials within his own agency.

(emphasis mine)

What a surprise.  A tragedy occurs, and the narcissistic preening peacock that is David Petraeus decided to leave no stone unturned ……… In the cause of polishing his own image.

What we know now is that the Benghazi consulate was almost entirely a CIA operation, and the f%$#-up was almost entirely a CIA f%$#-up, and, true to his history, David Petraeus’ response was one focused managing the public response, and not in creating an honest assessment of the causes and solutions.

All right, Mr. DeMille, I’m ready for my close-up………

When this hits the internet, I’ve posted ahead of time, I will be in my doctor’s office, getting a routine colonoscopy.

If you think that this is over-sharing, you will be glad to know that I will not be sharing photographs.

It should be routing, but I am looking to having some real food after the procedure.

I’ve been off of solid food for 36 hours, and NPO since early this morning.

Another Day, Another Army Sex Scandal………

A brigadier general in charge of Army Training Center and Fort Jackson:

The Army announced it has suspended the commander of Fort Jackson, S.C., amid misconduct allegations that include adultery and a physical altercation, according to a spokesman for Training and Doctrine Command.

Brig. Gen. Bryan T. Roberts was suspended today as commander of the Army Training Center and Fort Jackson by TRADOC commander Gen. Robert W. Cone, based on a preliminary investigation by Army Criminal Investigation Command. The investigation pointed to a breach of good order and discipline, “which was contrary to Army values and could not be condoned,” said spokesman Harvey Perritt.

This is not a problem that can be handled internally.

Explain to me again why we need to keep sexual offenses prosecution in the military chain of command under the UCMJ?

This could very well be the stupidest person on the face of the earth. Perhaps we should shoot him.*

I am referring, of course, to former New York Times executive editor Bill Keller, who’s latest brainstorm is that Obama should appoint Kenneth Starr as a special prosecutor to investigate the latest ginned up faux scandals against the Obama administration:

Republicans are howling for President Obama to name a special prosecutor to investigate the Internal Revenue Service’s targeting of Tea Party groups. The president should call their bluff.

The president should announce that he has told the Justice Department to appoint an independent investigator with bulldog instincts and bipartisan credibility. The list of candidates could start with Kenneth Starr, who chased down the scandals, real and imagined, of the Clinton presidency. It might include Patrick Fitzgerald, who was special counsel in the Valerie Plame affair, winning the conviction of Dick Cheney’s chief of staff, and who has successfully prosecuted two corrupt governors of Illinois, one from each party.

This is batsh%$ insane.

It’s also ahistorical. Ken Starr did not pursue any real scandals, that was done by his predecessor, Robert Fiske, who uncovered significant corruption in Arkansas. Starr had no interest beyone his witch hunt.

Ken Starr???? This is beyond the wildest dreams of the writers for The Onion.

I cannot believe that anyone can be this obtuse.

Neither can the people reading his post.  The comments are nearly universally disparaging.

The stupid, it burns us.

*What, you’ve never seen Ruthless People? Great movie.

Charlie Pierce Speaks

He observes that ABC reporter Jonathan Karl’s entire report on “talking points” regarding Benghazi is completely bogus. His source lied to him, and there was no effort made to protect the State Department (and by extension, Hilary Clinton).

Karl’s “apology” is a typical non-apology apology. He says that the story still stands, but that quote was the whole story.

Pierce’s analysis on this is spot on:

………If Jonathan Karl doesn’t like being called a hack, then he should stop being a hack. Here’s one way to do it.

Blow the source who lied to you and, therefore, lied to us.

Do that. Or be a hack.

There’s no third alternative.

An interesting fact that Pierce cites is that Karl’s entrée into “journalism” was was through a right wing organization founded by William F. Buckley, and currently run by the infamous right wing liar publisher Alfred Regenry:

Karl came to mainstream journalism via the Collegiate Network, an organization primarily devoted to promoting and supporting right-leaning newspapers on college campuses (Extra!, 9-10/91)—such as the Rutgers paper launched by the infamous James O’Keefe (Political Correction, 1/27/10). The network, founded in 1979, is one of several projects of the Intercollegiate Studies Institute, which seeks to strengthen conservative ideology on college campuses. William F. Buckley was the ISI’s first president, and the current board chair is American Spectator publisher Alfred Regnery. Several leading right-wing pundits came out of Collegiate-affiliated papers, including Ann Coulter, Dinesh D’Souza, Michelle Malkin, Rich Lowry and Laura Ingraham (Washington Times, 11/28/04).

The Collegiate Network also provides paid internships and fellowships to place its members at corporate media outlets or influential Beltway publications; 2010-11 placements include the Hill, Roll Call, Dallas Morning News and USA Today. The program’s highest-profile alum is Karl, who was a Collegiate fellow at the neoliberal New Republic [TNR] magazine.

FAIR rightly calls him a right wing mole.  The Collegiate Network is not a journalist organization, it just plays one on TV.

I would also that between Glass, Shalit, Siegel, and now Karl, TNR under the ownership of Marty Peretz seems to be a petri dish for journalistic malfeasance.

Yet Another Reason Not to Be Involved in Syria

In addition to the fact that the difference between the good guys and the bad guys is that the bad guys are the ones not literally eating human hearts, it now seems that just as the “Very Serious People” are demanding that we take down the Assad regime, the rest of the world is getting cold feet about the whole thing:

There is a change in the global political position towards Syria. Here are three recent indicators. Via FLC we learn of a significant position change in Tunisia:

Tunisia wants to reopen its embassy in Syria which has been closed for more than two years and has sent a request in this vein to the government in Damascus. Tunis is yet to receive a reply from Syria’s foreign ministry and a diplomatic source said that the letter has been sent to the foreign ministry since “last week.”



Tunisia quickly closed its embassy when the uprising against the Assad regime began in 2011. It will become the first country to reopen its diplomatic office in Syria if its request receives a positive response from the foreign ministry.

Tunisia is especially significant as it is part of the Arab League and its government is led by the Ennahda party which is ideological affiliated with the Muslim Brotherhood. Tunisia is threatened by the Ansar al-Sharia Salafist movement, some of who’s supporters are fighting on the Syrian insurgency side, and the Ennahda government recently moved against that group.

Another sign that the international wind is changing was last weeks United Nation General Assembly vote on a nonbinding Qatari resolution against Syria. The resolution itself had to be rewritten some six times and while it gained the vote of 107 states a similar resolution last year was favored by 130 states.

A third sign is the seemingly changing position in Israel where a political mood is turning towards keeping the Syrian president Bashar Assad in power:

“Better the devil we know than the demons we can only imagine if Syria falls into chaos and the extremists from across the Arab world gain a foothold there,” one senior Israeli intelligence officer was quoted as saying. A weakened, but intact Assad regime would be preferable for Syria and the Middle East, the Times reported intelligence sources as saying.

That view will likely later be reflected in Washington where the “Assad must go” crowd has yet to weaken its position.

This is what happens when you let your foreign policy be driven by the Gulf kingdoms desire to eliminate secular Arab regimes.

If the House of Saud and its ilk had the slightest desire to help the people of Syria (they don’t), there would be any number of ways for them to handle it without Islamicizing (Sunni-izing really) the conflict.

It’s Bank Failure Friday!!! (on Saturday)

And here they are, ordered, and numbered for the year so far.

  1. Central Arizona Bank, Scottsdale, AZ

Full FDIC list

This closing was odd, because it occurred on Tuesday, May 14. The last time we had a bank closing not on a Friday, it was Park Avenue bank in 2010, and it was closed because of fraud.

In this case, it appears that there may be some issues with the bank holding company, Capitol Bankcorp, which has been shedding subsidiaries for the past few years and this might be an issue of cross guaranty issues:

After controlling more than 50 banks at its peak, Capitol Bancorp has reduced its subsidiary count to 12 banks through intra-company mergers and divestitures to outside parties. Primarily, the mergers and sales are designed to raise capital or avert a failure. A failure of any one bank subsidiary could trigger the failure of all banking subsidiaries. Through statute referred to as Cross-Guaranty, the FDIC can demand reimbursement for the cost of a failure against any of Capitol Bancorp’s still open banking subsidiaries. To facilitate the divestitures, the FDIC has issued at least 16 Cross-Guaranty waivers. Some observers may question the cost effectiveness of issuing the waivers.

And here are the credit union closings:

  1. First Kingdom Community Federal Credit Union, Selma, AL

Full NCUA list

The 2nd quarter is showing a lot more activity than the 1st quarter did.

So, here is the graph pr0n with last years numbers for comparison (FDIC only):

This is a Feature, Not a Bug

At Salon, David Dayen observes that it, “Turns out much-hyped settlement still allows banks to steal homes,’ even after the much hyped mortgage settlement.

This is not an oversight.  The Obama administration has aggressively allowed banks to cheat customers an investors since day one.

Basically, they see this as a way of making sure that the banks appear solvent.

See my writings on HAMP. Here is one quote:

Warren asked Geithner repeatedly about HAMP. After several evasions, Geithner said about the banks, “We estimate that they can handle ten million foreclosures, over time… this program will help foam the runway for them.”

By “them”, he means the banks.

By foaming the runway, he means that it allows them to delay writing down bad loans, and continue to extract payments and fees by cheating the public.

The suggestion that this is anything but deliberate policy is simply naive.

This is a Shanda Before the Goyim


A tool to run comparisons

Israel has the highest proportion of its population living in poverty of any OECD nation:

Israel has the highest rate of poverty of all developed countries, according to a report released by the 33-nation Organization for Economic Cooperation and Development (OECD) on Wednesday.

The OECD found that Israel’s poverty rate stands as almost 21%.

It also put Israel at fifth place among countries with the widest gaps between rich and poor, after Chile, Mexico, Turkey and the United States, while Iceland, Slovenia, Norway and Denmark were the most egalitarian societies.

Israel has been practicing Thatcher style economics, even the Labour Party, for the past few decades, which could explain this.

I’m also wondering how much of this number is driven by the growing number of Heridi Jews in Israel. They are about 10% of the population, and are disproportionately: Over half the Heridim live in poverty, and are on government assistance, as versus about 15% of the general population.

Much of this differential is actually an artifact of poverty by choice. Many in this community prefer to remain on the dole, so that they can study Torah.

Of course, there is no requirement for someone not to work in order to study Torah.

Maimonides was a noted doctor, Rashi was a vintner, and the Baal Shem Tov was an inn keeper.

I do not know of anyone of this generation with the chops of those folks. Get a f%$#ing job.

It’s Jobless Thursday!

And the numbers are not great:

The number of people who applied last week for new unemployment benefits surged to the highest level in a month and a half, indicating the U.S. labor market is still not healing fast enough to rapidly bring down the nation’s jobless rate.

Initial jobless claims climbed by 32,000 to a seasonally adjusted 360,000 in the week ended May 11, the Labor Department said Thursday. Economists polled by MarketWatch had expected claims to rise to 330,000 from a revised 328,000 in the prior week.

It should be noted that the 4-week moving average only rose by 1250, and continuing claims fell 4,000.

The Only People Having a Worse Week than the Obama Administration

The Pentagon.

Where they have yet another soldier in charge of a sexual assault prevention office accused of sexual assault, and this time, we have an super-sized the accusations of rape with an accusation of pimping!

An Army sergeant who served as a sexual assault prevention and response coordinator at Fort Hood, Tex., is under investigation for allegations of pandering, abusive sexual contact, assault and maltreatment of subordinates, Pentagon officials said late Tuesday.

………

The noncommissioned officer under investigation had been working as an “equal opportunity adviser and sexual harassment/assault response and prevention program coordinator” with a battalion of troops — about 2,000 soldiers — assigned to the Army’s III Corps at Fort Hood when the allegations surfaced, the Pentagon said in a statement.

The suspect was not identified by name. One official, speaking on the condition of anonymity because no charges have been filed, said the portion of the inquiry related to pandering refers to allegations that the soldier was involved in managing a prostitution operation, perhaps involving a subordinate.

Un-dirty-word believable.

I’m beginning to think the whole  “Convening Authority” structure of military justice, where the commanding officer has unlimited authority to decide whether or not to file charges, and can over the ruling of a court martial, needs to be rethought, and not just for cases of sexual assault.

More Evidence of German Self-Mythologizing

A couple of weeks ago I mentioned that the recent stories about the Germans being poorer than the rest of Europe, and how it was largely bullsh%$?

Well, it appears that it was even more bogus than I had previously thought. You see the difference in household wealth is almost entirely due to difference in household sizes:

Media hype had been generated by the ranking of the countries’ median household wealth results, especially by the fact that:

• Germany was in last place with €51,400.

• Italy and Spain were significantly above France with wealth equal to €173,500 and €182,700 respectively, compared to the French households’ €115,800.

The mean household wealth averages paint a very different picture to current narratives about the relatively wealth of nations in the Eurozone. The relative dispersion in the estimates is much smaller: the German household mean is €195,200, while for France, Italy and Spain it is €233,400, €275,200 and €291,400 respectively. Moreover, Germany climbs six places in the wealth ranking.

As already noted by De Grauwe and Ji (2013), Germany’s position at the bottom of the median ranking is simply due to its large wealth inequality compared with the others. This is confirmed by observing that the concentration of wealth, measured by a Gini index of 0.76, is much higher in Germany, while for France, Italy and Spain the estimate is smaller (0.68, 0.61 and 0.58 respectively).

Household Size Matters

This analysis does not take account of household composition in the various countries. The distribution of household wealth across countries is affected by differences in the demographic characteristics of households (age, education, household size):

• In northern countries, households are generally small, often composed of a single member.

• In the south it is not unusual to find many people, even from different generations (grandparents, parents and children), living together.

The splitting up of household members produces a sort of partition of wealth among the households they generate, as happens when young members exit the household to form a new family.

A simple way to sterilise for household size is to consider per capita averages:

• The per capita wealth figure for Italy and Spain is €108,700, slightly higher than for France (€104,100) and Germany (€95,500).

BTW, do you know one of the reasons that there are more multigenerational households in the Mediterranean Euro nations?

Because the generous social welfare system in Germany allows for generations not to live together. (Things like high quality government subsidized elder care and strong pensions).

So, Now That We Have a Week of “Scandals”………

The Obama administration has come out in favor of a media shield law that they had previously tried to delay and kill:

Under fire over the Justice Department’s use of a broad subpoena to obtain calling records of Associated Press reporters in connection with a leak investigation, the Obama administration sought on Wednesday to revive legislation that would provide greater protections to reporters in keeping their sources and communications confidential.

President Obama’s Senate liaison, Ed Pagano, on Wednesday morning called the office of Senator Charles E. Schumer, Democrat of New York, and asked him to reintroduce a version of a bill that he had pushed in 2009 called the Free Flow of Information Act, a White House official said.

The bill would create a federal media shield law, akin to ones most states already have, giving journalists some protections from penalties for refusing to identify confidential sources in federal law enforcement proceedings, and generally enabling journalists to ask a federal judge to quash subpoenas for their phone records.

………

The top Democrat on the committee, Representative John Conyers of Michigan, noted that he had sponsored a version of the Free Flow of Information Act that passed the House twice when it was under Democratic control. He said he would reintroduce his version, too, and he said he hoped that Republicans — who until recently had called for more aggressive investigations of leaks — would support it.

The version the Obama administration is seeking to revive, however, is the one that was chiefly sponsored by Mr. Schumer, which was negotiated between the newspaper industry and the White House. It was approved by the Senate Judiciary Committee in a bipartisan 15-to-4 vote in December 2009. But while it was awaiting a floor vote in 2010, a furor over leaking arose after WikiLeaks began publishing archives of secret government documents, and the bill never received a vote.

In a statement confirming that he would reintroduce the legislation, Mr. Schumer referred to the controversy over the subpoena of A.P. calling records, saying: “This kind of law would balance national security needs against the public’s right to the free flow of information. At minimum, our bill would have ensured a fairer, more deliberate process in this case.”

So, they are supporting the fake bill that they and Chuck Schumer drew up a while ago in an attempt to kill Conyer’s real reform.

Same sh%$, different day.