Category: Politics

Never Stop Your Enemies from Stepping on Their Own Dicks

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If you ask me, and you’re not asking me but I’m saying so anyway, Georgia has suddenly become the most interesting Senate race in the country. It was mighty interesting during the Republican primary, but then slipped in status as the race devolved into a plain vanilla case of the Republican Business Robot holding a safe lead over the Centrist Democratic Robot. The Centrist Democratic Robot’s Robotic Centrist Democrat campaign strategy leaked, and the Republican Business Robot used it predictably to tar the Centrist Democratic Robot as a Terrorist ISIS Mexican Democratic Robot — the worst kind of robot there is.

But now, things — things are happening. The Republican Business Robot, David Perdue, apparently went on the record some years back describing how he’s spent “most of [his] career” outsourcing. This was in response to a direct question asking him, “Can you describe your experience with outsourcing?” It’s unambiguous and it reinforces the central attacks on both Perdue and Republican economic priorities. It is the sort of thing on which a late-stage move can be made.

It’s not complicated. You, Michelle Nunn’s campaign, make an ad quoting directly from the deposition. “Q: Can you describe your experience with outsourcing?” “A: Yeah, I spent most of my career doing that.” You just take this dialogue and cut the ad and then make like 10 more and show them all on every channel, for a month. Hey, look at that:

Perdue’s defense? That he is proud of his sending American jobs overseas:

U.S. Senate candidate David Perdue said Monday he is proud of outsourcing he has done in his career as a corporate executive, pushing blame for lost jobs back on Washington.

Perdue, a former CEO for Dollar General and Republican nominee to replace retiring Sen. Saxby Chambliss, was stung by his own words last week in an article on Politico.com. The Washington political news website quoted Perdue from a 2005 deposition where he said he “spent most of my career” outsourcing.

“Defend it? I’m proud of it,” he said in a press stop at The White House restaurant in Buckhead. “This is a part of American business, part of any business. Outsourcing is the procurement of products and services to help your business run. People do that all day.”

The deposition was taken as part of a lawsuit in the bankruptcy of Pillowtex, a failed textile company where Perdue was CEO in 2002 and 2003. In remarks Monday, he attempted to draw a line between his business decisions and Washington policies.

Yeah, this is going to go over to all those folks who lost their jobs in the textile industry.

There is a peculiar kind hubris that is a part and parcel to the American management class.

They cannot allow themselves to admit that what they do is not a heroic John Galtesque exercise, because once they do that, the fact that they are parasites (moochers) becomes inescapable.

Joe Biden Speaks the Truth

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So of course, he had to apologize for it:

A diplomatic rift between Turkey and the United States was patched over late Saturday after the American vice president, Joseph R. Biden Jr., officially apologized to Turkey’s president, Recep Tayyip Erdogan, for remarks suggesting that Turkey helped facilitate the rise of the Islamic State terrorist group.

In remarks at Harvard University on Thursday, Mr. Biden said Mr. Erdogan had admitted erring in allowing foreign fighters to cross Turkey’s border into Syria, eventually leading to the formation of the group, also known as ISIS and ISIL.

Mr. Biden’s spokeswoman, Kendra Barkoff, said in an emailed statement that the two leaders spoke by phone on Saturday. “The vice president apologized for any implication that Turkey or other allies and partners in the region had intentionally supplied or facilitated the growth of ISIL or other violent extremists in Syria,” Ms. Barkoff said. “The United States greatly values the commitments and sacrifices made by our allies and partners from around the world to combat the scourge of ISIL, including Turkey.”

………

Mr. Erdogan, despite widespread evidence to the contrary, denied that Turkey’s long, porous border had enabled thousands of militants to cross onto the Syrian and Iraqi battlefields since the Syrian civil war began in 2011. “Foreign fighters never crossed into Syria from our country,” Mr. Erdogan said. “They would cross into Syria from Turkey on tourist passports, but nobody can claim that they have crossed with arms.”

Seriously? How f%$#ing stupid do we think we are?

BTW, this is what Biden said:

Speaking at the John F. Kennedy School of Government, Mr. Biden said allies including Turkey, Qatar and the United Arab Emirates had extended unconditional financial and logistical support to Sunni fighters trying to oust the Syrian government of President Bashar al-Assad.

“President Erdogan told me,” he said, according to the Turkish newspaper Hurriyet, “ ‘You were right. We let too many people through. Now we are trying to seal the border.’

“Our allies poured hundreds of millions of dollars and tens of thousands of tons of weapons into anyone who would fight against al-Assad,” he said, including jihadists planning to join the Nusra Front and Al Qaeda.

I think that the appropriate response to Erdogan’s hissy fit is to tell him to go pound sand, which is why I would make a lousy diplomat.

He, and rest of the Sunni hegemonists were hip deep in supporting Al Qaedal linked militants, and Saudi Arabia directly supported what would become ISIS in their bid to overthrow the Assad regime.

The fact that this is not a part of the dialog about the US intervention in Iraq and Syria is a sign of just how completely the House of Saud owns our foreign policy apparatus.

Canada Defers F-35 Decision

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They have decided to rebuild and extend the life of their F-18 Hornets, and defer their decision on the F-35: (paid subscription required)

Canada’s conservative government, which has spent four years pushing for a noncompetitive purchase of the Lockheed Martin F-35 Joint Strike Fighter, announced at the end of September it would delay retirement of the Royal Canadian Air Force’s Boeing CF-18A/B Hornets for up to five years, until 2025. Canada will, however, continue to support JSF.

 With an election due next year, Prime Minister Stephen Harper appears to have passed the Next-Generation Fighter Capability (NGFC) decision to the next administration, after reports in June that the announcement of a JSF buy was imminent. “Harper was poised to pull the trigger,” one industry source suggests, “but he backed away” following negative public and media reaction. An F-35 buy could have been portrayed as an attempt to foreclose options before the election, and a decision to conduct a competition would be seen as a capitulation, the source suggests. The latest announcement indicates intent to maintain RCAF strength without rushing the NGFC choice.

 The move is not a complete surprise. Lockheed Martin says it is “not news” and that planned Canadian JSF deliveries extend through 2025. (The schedule spanned 2017-22, based on late-2011 plans.) However, there are no programs under contract that support Hornet operations beyond 2020: L-3’s Military Aircraft Systems unit, which supports the Hornet airframe and systems for Canada, had no comment, and Canada’s Department of National Defense (DND) also declined to respond.

 The future of the NGFC depends on the pending election: A decisive Conservative win would favor the F-35, while opposition parties could move toward a competition or delay the entire program. A September report stating Canada had short-listed the F-35 and Super Hornet has been dismissed as inaccurate. “It will either be the F-35 or an open competition,” says a source associated with a potential NGFC competitor.

 The contentious next-gen fighter debate started when DND—then led by Peter MacKay—sought to bypass Canadian law that forbids sole-source procurements except under strictly defined circumstances. In 2008, the DND defined key NGFC requirements and concluded that two aircraft other than the JSF could meet them. But in 2010, to justify a sole-source JSF buy, DND issued a revised set of requirements that it claimed only JSF could meet.

 After a scathing report in 2012 by the auditor-general, the government stripped the DND of authority over the next-gen fighter, shifting authority to the Public Works Department for the acquisition. In February, an independent review panel validated the air force’s new process for evaluating four contenders: the F-35, the Boeing Super Hornet, the Dassault Rafale and the Eurofighter Typhoon.

I would argue that of those 4, the F-35 is the least well suited to their requirements, which is for domestic defense, operating at long ranges, over uninhibited land, where it was always better to lose AN engine than it is to lose THE engine.

The F-35 will cost more to purchase, and more to operate, than any other of the alternatives.

It’s low observability characteristics have no advantage in the interceptor role.

It is a closed system which makes it effectively impossible for Canada’s domestic defense establishment from qualifying new weapons on it.

The only advantage is that it generates “Poodle Points” with the US.

Poodle points can, of course, be cashed in for ……… Nothing at all.

Bravo, Occupy the SEC

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Occupy the SEC now has a simple rating of your Congress critter.

It’s a pretty simple system:

Methodology

Our methodology was rather straightforward. We created a simple formula that allowed us to produce a score between 0 and 100 for each member of the House . A score of 100 means that a member voted in a manner that was consistent with our positions on every bill. Conversely, a score of 0 means that the member took the opposite view of OSEC on all considered bills.

Additionally, we gave some weight to the sponsorship and cosponsorship of bills. If a bill was “good” then we viewed sponsoring (or introducing) the bill as good and therefore rewarded that individual with what amounts to additional good votes. If the individual introduced a “bad” bill then we subtracted from the member’s score by counting the sponsorship as if it constituted additional bad votes. Co-sponsorship of bills was treated in a similar fashion but the weight we applied was smaller. Lastly, we added a multiplier to each bill that reflected the importance of the bill and its potential impact. For instance, if the bill was just a minor “technical fix” then it received a small multiplier, but if the bill was aimed at, say rehauling an entire agency (as HR 3193 aims to do by changing the makeup of the CFPB), then we viewed votes on that bill as being more significant, and consequently applied a larger multiplier to it.

Rather unsurprisingly, the Dems score better than the Republicans, but I would note that any Dem under 50 should be considered for a primary challenge.

H/t naked capitalism.

Korea Hedges its Bets on the F-35

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There are still budget issues to be decided by the parliament, but the defense ministry has approved going forward on the KF-X fighter program:

South Korea’s proposed KF-X indigenous fighter program is now closer to being launched than at any time since it was proposed in the late 1990s, following conditional approval for full-scale development from the defense ministry.

The aircraft, which has been pushed by the ministry’s Agency for Defense Development (ADD) and would probably be built by Korea Aerospace Industries (KAI), must still overcome opposition from the finance ministry and some members of parliament.

If the KF-X survives while production of older European and U.S. aircraft winds down, then next decade it may be the only alternative to the Lockheed Martin F-35 Lightning as a fighter engineered for compatibility with Western weapons and communications. The South Korean program also offers the most immediate sales prospects for Western manufacturers of fighter engines and equipment.

The ministry’s Defense Program Execution Committee, chaired by Defense Minister Han Minkoo, on Sept. 24 approved the basic plan for full-scale development of the KF-X starting in 2015. The committee required that the ministry’s Defense Acquisition Program Agency (DAPA) and the finance ministry agree on the total program cost. DAPA may not issue a request for proposals until it and the finance ministry have that agreement. The agency “cannot be optimistic about the result,” says the Yonhap news agency. The finance ministry habitually opposes costly defense programs or at least seeks delays.

Even if DAPA and the finance ministry agree, full-scale development cannot begin next year without funding authorized by parliament in the government budget due to be settled in December. Members of parliament often take a skeptical view of the defense ministry’s largest ambitions.

DAPA is trying to persuade the finance ministry that the KF-X can be developed for the 8.5 trillion won ($8.1 billion) estimated by an influential think tank, the Korea Institute of Defense Analysis. But the Naeil newspaper reports 8.5 trillion won would pay for an aircraft with only air-to-air capability. Air-to-ground capability would take a further 600 billion won and 4.5 years.

There is also the problem that 20% of the development cost is supposed to be borne by industry, including Lockheed Martin. The U.S. company agreed to support the KF-X technically in return for South Korea last year choosing the F-35A in the F-X Phase 3 fighter competition, but there is no sign that it will invest cash in it—nor should there be, since Lockheed Martin hardly wants to back a future competitor. Indonesia paid 20% of the KF-X pre-development costs and is expected to take the same share of full-scale development.

I think that one of the things that is driving this is that Korea has real doubts as to the affordability and effectiveness of the F-35, and wants to hedge their bets.

I’m also thinking that they are expecting to see a market for a less expensive aircraft built to western standards.

The great charter school rip-off: Finally, the truth catches up to education “reform” phonies – Salon.com

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Bill Clinton weighed in on the debate over charter schools this week, warning that the publicly funded yet autonomous schools must keep their “original bargain” if they want support as alternatives to traditional public schools.

The Huffington Post reports that in remarks before a dinner hosted by the Clinton Global Initiative on Tuesday, the former president hailed the potential of charter schools, even as he called on them to be held to high standards. Clinton cited New Orleans, whose post-Katrina public schools are 100 percent charter. While casting New Orleans’ experience with charters as a success story, he added an important caveat. Charter schools aren’t worth supporting, Clinton suggested, unless they perform better than traditional public schools.

“They still haven’t done what no state has really done adequately,” Clinton told the group, “which is to set up a review system to keep the original bargain of charter schools, which was if they weren’t outperforming the public model, they weren’t supposed to get their charter renewed.”

Clinton’s statement is stunning once you consider its implications. Research shows that the vast majority of charter schools in the U.S. haven’t cleared that hurdle. A study at Stanford University last year found that only 25 percent of charter schools fare better than traditional schools in reading. In math, only 29 percent of charters do better. Nineteen percent of charters actually did worse in reading, while 31 percent were worse in math; the rest weren’t significantly different from traditional public schools.

While Democratic Party centrists in Clinton’s mold have been some of the most enthusiastic cheerleaders for charter schools, Clinton’s comments come as many within the Democratic Party are pushing back against so-called education reformers who want to dismantle teacher protections and increase the number of charter schools. In response to the rise of such groups as Campbell Brown’s Partnership for Educational Justice (chaired by Democratic trial lawyer David Boies) and Democrats for Education Reform, Democrats including operative Donna Brazile, former Ohio Gov. Ted Strickland and former Michigan Gov. Jennifer Granholm this summer formed Democrats for Public Education. The group’s launch underscored that while many of the party’s financial backers support an anti-union, pro-charter agenda, the “reform” movement’s actions are starting to trigger a powerful reaction within the party.

Let’s be clear here. This isn’t about Bill Clinton having an epiphanies.

Bill Clinton isn’t the sort of guy who has epiphanies.

He is a very smart guy who surveys the terrain, and chooses a path, and chooses the best possible path forward for him.

What’s more, Clinton has a record of being just far enough ahead of the curve on these sort of trends to win politically.

My guess, (hope) is that the increasingly dubious claims of the charter school industry, will gain currency in the next year or so, and this is what Clinton has picked up on:

But the word is out, and resistance to charter takeovers is stiffening in more places than York. In school systems such as Philadelphia, Bridgeport, Pittsburgh, and Chicago, where charter schools are major providers, parents and local officials have increasingly opposed charter takeovers of their neighborhood schools. A recent poll in Michigan, where the majority of charter operations are for-profit, found that 73 percent of voters want a moratorium on opening any new charter schools until the state department of education and the state legislature conduct a full review of the charter school system.

I so hope that I’m not being a Pollyanna here,

This is a Question that Desperately Needs to Answered

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Charles Pierce wonders why Democrats refuse to call batsh%$ insane Republicans batsh%$ insane:

Back in 2010, as part of a biannual act of madness by which the magazine endeavors to analyze every congressional race in the country, I had occasion to talk to Tarryl Clark, who was challenging Michele Bachmann on behalf of the splendidly name Democratic Farmer-Labor Party for Bachmann’s job in Minnesota’s Sixth Congressional District. How, I asked Clark, does one make good use of the rich trove of lunacy that is Bachmann’s entire public career.

“Well,” Clark told me. “I’m not going to call her crazy, if that’s what you mean.”

In fact, that was exactly what I meant.

The great failing of the Democratic party over the past three-and-a-half decades has been the party’s failure to take political advantage of the obvious prion disease that has afflicted the Republican party since it first ate all the monkey-brains in the mid-1970’s. ………

Seriously.

Michelle Bachmann, for example, got started on politics by opposing the Disney feature Aladdin (the one with Robin Williams) because she felt that it promulgated witchcraft.

The so-called expert political operatives in the Democratic Party seem to think that it is either unseemly, or perhaps unnecessary, to point out the complete insanity of many Republican candidates.

I guess that they think it’s a loser, but if it is, why the f%$# did Bachmann get elected for anything?

Not only does it not serve the Democratic party to ignore this mishugas, it ends up defining deviancy down, because silence is most certainly perceived as assent.

People need to remember Hubert Humphrey’s stirring speech at the 1964 Democratic convention, and its refrain, “But not Barry Goldwater,” put the final nail in the coffin of Goldwater’s campaign.

Calling out the crazy is both the right thing and the smart thing to do.

Nope, No Partisan Politics Here

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In another 5-4 decision split along ideological lines, the Supreme Court has blocked early voting in Ohio, at least until an appeals court rules:

With just sixteen hours before polling stations were to open in Ohio, the Supreme Court on Monday afternoon blocked voters from beginning tomorrow to cast their ballots in this year’s general election. By a vote of five to four, the Justices put on hold a federal judge’s order providing new opportunities for voting before election day, beyond what state leaders wanted.

The order will remain in effect until the Court acts on an appeal by state officials. If that is denied, then the order lapses. It is unclear when that scenario will unfold. The state’s petition has not yet been filed formally.

The practical effect of the order will mean that, at the least, early voting will not be allowed this week — a period that supporters of early balloting have called “Golden Week.” That permits voters to register and cast their ballots on the same day.

Depending upon the timing of the state’s filing of a petition for review and the Court’s action on it, Monday’s order may also mean that early voting will not be permitted on most Sundays between now and election day, November 4, and will not be permitted during evening hours — that is, after 5 p.m.

I will make a note here any suggestion that Justice Kennedy is anything but a partisan hack has been thoroughly debunked.

Then again, we knew that after his vote in Bush v. Gore in 2000.

Please, Someone ……… Anyone Make it Stop

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At about 1:30

I understand that the right wing in general, and Caribou Barbie in particular, find the Obama administration to be a veritable font of mendacity.

That is the nature of politics these days.

However, when Sarah Palin says that “Truth is an endangered species at 1400 Pennsylvania Avenue, I just want to bang my head until I lose consciousness.

Seriously.  This woman has me aching for the quiet competence of J. Danforth “Dan” Quayle.

But she still is a force in right wing politics, so I still have to pay attention.

Air Force TaliBaptist Leadership Caves Over Oath

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After spending nearly a month threatening people who refused to swear to God to reinlist, the USAF has reversed itself:

The Air Force has withdrawn a requirement that all airmen who take the oath of enlistment and officer appointment conclude with “so help me God,” the service announced Wednesday.

 The Air Force previously allowed airmen to omit those words, but removed that option in October based on its interpretation of 10 U.S.C. 502, 5 U.S.C. 3331 and Title 32, which contain the oaths of office. The Navy, Army and Marine Corps allow their service members to omit “so help me God,” spokesmen for all three services told Air Force Times last week.

 The Air Force sought a legal review of the rule by the Defense Department’s General Counsel on Sept. 9, five days after the American Humanist Association announced it was representing an unnamed atheist airman, stationed at Creech Air Force Base in Nevada, who was denied reenlistment for refusing to say, or sign a form, stating “so help me God.”

 Monica Miller, an attorney with the AHA’s Appignani Humanist Legal Center said the association would give the Air Force until Sept. 19 to reverse course.

 On Tuesday, Air Force Secretary Deborah Lee James said the service was “making the appropriate adjustments to ensure our Airmen’s rights are protected.”

“We take any instance in which Airmen report concerns regarding religious freedom seriously,” James said in the release announcing the change, which is effective immediately.

Translation: We never thought that anyone would notice our attempt to go all Taliban on the Air Force, and we are very sorry that we got caught.

Whichever General Officer signed off on this abomination should be fired, as in no pension.

My Feelings on Scottish Secession

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After thinking about it, and analyzing my feelings on this matter, I support the secession referendum.

Basically, I think that the current political situation in the UK, where the Neoliberal consensus and the banksters in the City of London rule will continue to control the political discussion in England, and hence in the UK as a whole.

What this means is that, when in power, the Tories will continue to engage their efforts to do things like gradually privatize the social contract in Britain, and when the “new” (Blairite) Labour is will simply accept the new status quo, and so the policies will ratchet to a Dickensian society, particularly with the cross-party support of things like the Transatlantic Trade and Investment Partnership (TTIP), which largely makes privatization irreversible.

The path England has taken is pretty clearly toward continued deindustrialization and further finanacialization, at least until the Vampire Squid finishes sucking what remains out their society, and moves on.

The Tories are pushing inexorably in that direction, and Labor never moves the needle back, they just slow the deterioration for a few years.

In the process, it is clear that the National Health Service (NHS) will move to something very much like the American model for healthcare.

I would consider inflicting our system of healthcare on anyone else to be tantamount to a crime against humanity, and crimes against humanity are a justification for secession.

Now That’s a Real Shame When Folks Be Throwin’ Away a Perfectly Good White Boy Like That

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In the Ukraine, a member of the parliament was accosted by an angry crowd and thrown in the dumpster.

Now I do understand that the intersection of “Ukrainian Politician,” and “Perfectly Good White Boy” is a null set, but how often does one get to quote the cult favorite teen movie Better off Dead?

I will note, however, that what the crowd did is wrong.

They should have pantsed him.

Jon Stewart Owns Lindsay Graham

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This Man is the Biggest Scardy Cat in the Senate

Jon Stewart cut Lindsey Graham a new one for his constant, and constantly hysterical, fear mongering over, basically everything.

He describes Graham’s, “Panic for 13 years,” and said that, “The poor man lives his entire life trapped in ‘The Blair Witch Project,” and that he’s, “Seen chihuahuas in handbags who are less fretful and shaking.”

Of course, craven abject fear has been a dominant theme of movement conservatism for decades, as I observed when involuntarily forced to watch Fox News.

Republican politics thrive on fear and panic, so it’s not surprising that they advocate for it, but I also think that they are really that scared of well, everything.

And While We are On the Subject of how Hedge Funds are F%$#ing the Pension Funds

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Mission Accomplished:
First, you get money to your cronies, and 2nd you f%$# public servants and pub lic sector unions.

Sometimes, it is not just over-priced under-performance, sometimes, it’s corruption. Case in point, the  disastrous decision by Chris Cristie to move a significant portion of New Jersey’s pension funds to Christie cronies on Wall Street:

New Jersey investment officials have directed increasingly large slices of state pension money into riskier investments, such as hedge funds, touting their strategy as a means of limiting exposure to a volatile stock market. They’ve argued that their approach would maximize overall returns and justify the higher fees paid to Wall Street money managers.

But in seven of the eight years since the state began shifting pension funds into so-called alternative investments, returns have fallen well short of the broader stock market, an analysis of state financial records shows. In those seven years, New Jersey’s alternative investment portfolio has produced gains of just more than half of the S&P 500, the widely watched index seen as a proxy for shares of large corporations.

Since Gov. Chris Christie took office, he has nearly tripled the amount of retiree cash invested in alternative investment firms — many of whose employees have made financial contributions to political groups backing Christie’s election campaigns. In that time, the gap between New Jersey’s alternative portfolio and the broader market has rapidly expanded, costing taxpayers billions in unrealized returns and threatening the financial stability of the $78 billion pension system. The state’s pension funding shortfalls — which have been exacerbated by Christie’s market-trailing investment strategy — were one of the factors cited by Fitch Ratings in its decision last week to downgrade the state’s bond rating for the second time.

………

“The idea that hedge funds, private equity funds and other alternative investments beat stock-index funds over the long haul is an urban myth like the tooth fairy,” said Jeff Hooke, a former Lehman Brothers investment banker who in 2012 published a study showing that higher alternative investment fees correlated to lower pension returns. “The managers of these big state pension funds are drinking the Wall Street Kool-Aid. The problem with these alternative investments is that they have a tough time beating the low-fee index funds because the fees for alternatives are so big.”

Even without considering fees, cheap (a 90% lower expense ratio) index funds outperform the aggressively managed money.

When you add in the rapacious fees charged, it’s not even close.

This lack of performance, and his refusal to make necessary pension payments earned him a downgrade from S&P as well:

In a significant blow to Gov. Chris Christie, Standard & Poor’s on Wednesday said it is downgrading New Jersey’s credit rating. The announcement said Christie’s management of New Jersey’s $78 billion pension system has “significant negative implications” for the state’s finances. S&P also cited the state’s below-expected tax revenues as a factor that “put additional pressure on future budgets.” The downgrade comes as Christie aides have been publicly suggesting that the governor’s fiscal-management record would be a boon should he decide to run for president in 2016.

Bloomberg News notes this is the eighth downgrade during Christie’s tenure and the Washington Post reports that “New Jersey’s credit rating has been downgraded more under Chris Christie than any other governor” in the United States.

Neither Christie’s office nor the New Jersey Department of Treasury responded to emails from International Business Times requesting comment about the S&P downgrade.

Citing Christie’s decision to not make actuarially required pension payments that he had previously agreed to, S&P’s downgrade announcement says New Jersey has “demonstrated [a] lack of commitment when it comes to funding its annual contributions.” S&P says it expects the pension system’s finances “to decline much more significantly” in the coming years.

BTW, there has been a formal ethics complaint fired on his pension policies:

New Jersey’s biggest labor union today plans to file a complaint with the State Ethics Commission against a key adviser to Gov. Chris Christie who is in charge of the agency that oversees pension investments.

In an 11-page letter to the ethics commission, New Jersey AFL-CIO President Charles Wowkanech said that the chair of the State Investment Council, Robert Grady, “has violated the Division’s own rules barring politics in the selection and retention of such funds and investments, and has further created an appearance of impropriety.”

At issue is the state’s investment of hundreds of millions of dollars of pension money with Wall Street firms, including hedge funds and other types of “alternative investments” that charge higher fees than more traditional types of investments — a practice that started before Christie was governor but has increased under him.

Some “key executives” of the firms donated to state and national Republican organizations that helped Christie, according to Wowkanech, who said those donations potentially broke state pay-to-play laws, and at the least violated the state officials’ code of ethics. Wowkanech wants an investigation.

And on top of all this, it now appears that the Christie administration is using fuzzy math to goose their return on investment.

It’s clear that Christie has moved from bombast to damage control in this matter:

The New Jersey Division of Investments has quietly sold its stake in a venture capital fund managed by General Catalyst Partners, following allegations of impropriety related to a political contribution from General Catalyst “executive-in-residence” and current Massachusetts gubernatorial candidate Charlie Baker.

Fortune has learned that the sale agreement was inked back in August, and closed within the past several weeks. It may be publicly disclosed tomorrow during an open State Investment Council meeting, and was discussed during an investment policy committee call last week. No word yet on the buyer, although a source says that the sale price was around 1.5x of cost.

I so hope that this guy runs for President.

The scrutiny he’ll get will destroy any future for him in politics.

And I Would Have Gotten Away With it Too, If it Weren’t For Your Meddling N***ers!

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First we have Georgia State Senator Fran Millar objecting to get out the vote efforts in black ares then following this up by saying explicitly that he it is the black voter voter bit:

The Georgia state senator who ranted about excessive black voting and vowed to fight a move to expand early voting in DeKalb County defended his remarks on Facebook, saying that he would rather have more educated voters than an increase in the total number of voters.

 The Republican state senator, Fran Millar (pictured), wrote that in a comment responding to others on his post where he vowed to end Sunday balloting in DeKalb County because that area is “dominated by African American shoppers” and has “large African American mega churches.”

 “I do agree with Galloway and I never claimed to be nonpartisan,” Millar wrote. “I would prefer more educated voters than a greater increase in the number of voters. If you don’t believe this is an efort [sic] to maximize Democratic votes pure and simple, then you are not a realist. This is a partisan stunt and I hope it can be stopped. Furthermore I don’t control where people are allowed to vote but am glad Brookhaven has been added for the last week.”

This is followed up by the Georgia Secretary of State, whose job is to protect the franchise, starts a bogus investigation of a GOTV group, and then is caught on tape calling increased black votes a problem:

The audio, posted on YouTube by Better Georgia, features a man identified as Georgia Secretary of State Brian Kemp telling fellow Republicans at a July 12, 2014 event in Gwinnett County:

In closing I just wanted to tell you real quick, after we get through this runoff, you know the Democrats are working hard, and all these stories about them, you know, registering all these minority voters that are out there and others that are sitting on the sidelines, if they can do that, they can win these elections in November. But we’ve got to do the exact same thing. I would encourage all of you, if you have an Android or an Apple device, to download that app, and maybe your goal is to register one new Republican voter.

Clearly the Supreme Court was either smoking some very good weed, or were a bunch of contemptible corrupt partisans, when they gutted the Voting Rights Act.

My money is on the latter.

F%$# Me, I Agree With Mitch McConnel

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Yes, his motives are suspect, but when he calls for Congressional approval for the new war in Iraq, he’s right:

Senate Minority Leader Mitch McConnell told reporters on Tuesday that President Barack Obama should seek congressional approval for the U.S. strategy on ISIS.

“The view of myself and most of my members is the president should be seeking congressional approval, period, for whatever he decides to do because that’s the way you hear from those of us who represent everyone in the country,” the Kentucky Republican said.

McConnell stressed that Obama must come up with a plan and present it to Congress. He signaled “broad support” for U.S. action against the group.

“That’s the way you get congressional support. I’ve said — when Elizabeth Warren begins to sound like Dick Cheney, you know that there’s pretty broad bipartisan support here for dealing with this group of terrorists.”

He’s right.

I would actually go further, and say that a formal War Powers Act resolution.

This may be simple political posturing on the part of the Senate Minority Leader, but the ability to declare war was vested in the legislative branch for a reason.

Lamest Man in Massachusetts New Hampshire

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Scott Brown, of course, who, after losing to Elizabeth Warren, went to work for a law and lobbying firm, got his tits in a bundle with Lawrence Lessig who put out a flyer that criticized Brown as a lobbyist.

The Scott Brown campaign sent a cease and desist letter to Lessig’s campaign finance reform PAC:

Former Massachusetts Senator Scott Brown has attempted to revive his political career by running for Senate in New Hampshire. But in the final days before his September 9 primary, he’s squaring off against another opponent — Harvard professor Lawrence Lessig, who advocates against money in politics. Lessig’s Mayday PAC endorsed Brown’s GOP primary challenger Jim Rubens, and is now sending out a mailer calling Brown a “Washington lobbyist.”

The mailer led to an angry response from the Brown campaign. “This is a flat-out lie. Scott Brown is not nor has he ever been a lobbyist. Ever,” campaign manager Colin Reed wrote, calling on Lessig to “immediately cease and desist with the mailer in question.”

In response, Lessig posted the letter on his blog, and linked to an article from The Hill about Brown joining the Boston office of “Nixon Peabody, a law and lobby firm.” The firm itself said Brown would work on “business and governmental affairs,” including those related to “the financial services industry.” Lessig writes:

Yes, according to the Senate, Scott Brown isn’t a “lobbyist.” But I submit to anyone else in the world, a former Senator joining a “law and lobbying firm” to help with Wall St’s “business and governmental affairs” is to make him a lobbyist. Because to anyone else in the world, when you sell your influence to affect “business and governmental affairs,” you are a lobbyist.

You would think that a man who is a lawyer who has spent much of his life as a public figure would understand just what it means to be a public figure after New York Times Co. v. Sullivan, which required actual malice or a reckless disregard for the truth for libel and defamation suits.

Of course, in the process of making this demand, the hapless former Cosmo centerfold has served to generate publicity for the flyer.

See, “Streisand Effect, The”.  (Heh)

Well, the New York Primary Results Should Be Coming In Soon

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So I just wanted to note that Cuomo is going full arm breaker mode on endorsements: (Yes, it is a New York Post link, but Andrew Cuomo has deliberately cultivated an image of tolerating no dissent)

Gov. Cuomo and Mayor de Blasio used threats and intimidation in recent days to block prominent Democrats from backing leftist law professors Zephyr Teachout and her running mate, Tim Wu, in Tuesday’s primary, party insiders have told The Post.

The largely successful pressure has been especially intense to stop endorsements for Wu, who is given a real chance of defeating conservative-turned-“progressive” former upstate Rep. Kathy Hochul, Cuomo’s running mate for lieutenant governor, insiders said.

“Cuomo and de Blasio were pulling out all stops, making it clear that anyone who even considers endorsing Teachout or Wu will pay a big political price,” said a prominent Democratic activist.

“Cuomo especially is obsessed with Wu because he clearly thinks Wu has a chance to win, which would be a disaster for him,” the activist continued.

City Council members were told that pet projects would be endangered if they back either Teachout or Wu, said a source close to the council. “You wouldn’t believe how much we were intimidated and muscled,’’ said one.

I still do not think that Teachout has a chance (WU does), but it is nice to see Andrew Cuomo sweating.

I do hope that, if the report is accurate, (NY Post, after all) that de Blasio actually got something BIG for going to the mat for a governor who clearly loathes him and his agenda.

Former Bushie Enmeshed in Money Laundering Probe

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I’m shocked, shocked to find that gambling is going on here!

Zalmay Khalilzad’s wife’s bank account has been frozen by Austrian authorities:

A U.S. probe into alleged money laundering by Zalmay Khalilzad has led Austrian authorities to freeze a Vienna bank account linked to the former presidential envoy to Afghanistan.

Khalilzad, who served as U.S. ambassador to Afghanistan and Iraq, allegedly transferred $1.4 million to his wife’s bank account in Vienna, Austrian magazine Profil reported today, citing court documents. The money came from oil and building contracts in Iraq and the United Arab Emirates that allegedly violated U.S. laws, U.S. investigators told their Austrian counterparts, according to the papers cited by Profil.

Austrian court spokeswoman Christina Salzborn confirmed the documents’ authenticity in a telephone interview. Christian Bielesz, the lawyer for Khalilzad’s wife, Cheryl Benard, confirmed that the account was frozen and an investigation under way.

The U.S. had asked Austrian authorities not to seize Benard’s account, Bielesz said in a phone interview. A decision on whether to unfreeze the account is expected “quite soon,” he said.

The documents alleging the misconduct were part of a cache of papers retrieved from a garbage bin earlier this year by a Vienna-based blogger. Austria’s courts have instructed workers to take better care of sensitive information, Salzborn said.

Of course, the response of the judge is to criticize the bank for allowing money laundering to be found by a pesky blogger.

Needless to say, Khalilzad is likely neither to face prosecution, nor to have the accounts seized, because, well, the you can be sure that there is someone on the other side of the aisle who wants to get rich the same way, and they need to lube that revolving door for their turn.

I’m beginning to think that we are living in the last days of the Roman Empire.

Yet Another Reason to Hate Andrew Cuomo

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It turns out that the Republican coup in the New York State Senatewas sided by hizzoner the Governor:

Andrew Cuomo has always been careful to maintain a plausible-looking deniability when it comes to his role in keeping his own party out of power in the State Senate.

Whenever he’s been asked about his involvement in the creation of the controlling Republican-Independent Democratic coalition, Cuomo has shrugged and suggested that it’s not the governor’s place to get involved in that sort of thing.

“This is an internal legislative matter,” he has said.

It’s on this basis that Cuomo has been able to put distance between himself and the coalition at opportune times—such as, say, when the Working Families Party threatened to endorse someone else for governor earlier this year. And it’s this distance that has allowed him (presumably) to keep a straight face as his running mate, Kathy Hochul, attempts to bolster her own Democratic credentials ahead of the Sept. 9 primary by complaining that the Senate coalition didn’t achieve enough for progressives.

But now, multiple sources with deep knowledge of the IDC and Republican conferences’ dealings confirm that in fact the governor was not a passive observer during the formation of the coalition. He was “deeply involved,” they say, and “absolutely” encouraged the marriage that allowed the Republicans to remain in leadership even after the election of a Democratic majority. Furthermore, they say, the governor was a key player after the coalition launched, privately offering advice about tactics and messaging.

………

But while the governor did not originate the idea of an actual coalition, sources say he and his staff were active in “nudging” it along behind the scenes.

The governor’s interest, say knowledgeable sources, was ensuring that Republicans had control over the agenda in the Senate, so that he wouldn’t be handing over power to New York City Democrats.

“The governor and [top aide] Larry [Schwartz] made it very clear they wanted the IDC to work with the Republicans to run the Senate,” one source explained.

Another recalled that there were “many, many conversations” between Schwartz, Cuomo and Republican leaders. The governor frequently expressed frustration with Democratic Senate leaders, and complained that he couldn’t work with them.

Before the coalition was announced, Cuomo privately made the IDC feel more comfortable working with Republicans and assured them they “wouldn’t get crucified,” or be “left out to dry” if they made the move.

This is not a surprise.

Cuomo was implicitly supportive of the renegade Democrats in the state senate, and now we see evidence of direct collusion.

He so deserves to lose his primary race.