If the Lonely Island had beards and lived in Brooklyn:
Year: 2013
From The Annals Of Chutzpah
“It’s time to put the partisan bickering aside and fund the vital services we all support, maintain our credit rating, and continue the debate about the damage Obamacare is doing to the economy. Sen. Cruz has fully supported individual measures to fund essential government services and to take responsible action to reduce our debt. The President and all members of Congress should send an unmistakable signal that the United States will not default on its debt. We should not put our credit ratings in jeopardy over our political disputes,” – Catherine Frazier, press secretary for Senator Ted Cruz.
Stop Working So Hard
Putting in overtime is a productivity-killer:
If you still need convincing that long hours destroy wealth, look at 2012 OECD figures. The country with the longest hours was Greece, followed by Hungary and Poland – and they ranked 26th, 33rd, and 34th out of 34 countries in terms of productivity. By contrast, the countries working the fewest hours were the Netherlands, Germany and Norway, which rank fifth, seventh and second, respectively, for productivity. Overall, the more hours worked, the poorer the productivity and wealth creation.
Map Of The Day
Rebecca J. Rosen passes along the above map, which resizes countries to reflect their online populations:
The map, created as part of the Information Geographies project at the Oxford Internet Institute, has two layers of information: the absolute size of the online population by country (rendered in geographical space) and the percent of the overall population that represents (rendered by color). Thus, Canada, with a relatively small number of people takes up little space, but is colored dark red, because more than 80 percent of people are online. China, by contrast, is huge, with more than half a billion people online, but relatively lightly shaded, since more than half the population is not online. Lightly colored countries that have large populations, such as China, India, and Indonesia, are where the Internet will grow the most in the years ahead. (The data come from the World Bank’s 2011 report, which defines Internet users as “people with access to the worldwide network.”)
China Invokes US Torture
Without quotation marks. It was bound to happen at some point, when the frenemies or allies or rivals of the US note that the world’s superpower has grotesquely violated the Geneva Conventions and held no one accountable:
In its commentary, Xinhua embellished its call for a new reserve currency with a scathing indictment of the United States’ broader role in the world, saying that the Obama administration claimed “the moral high ground” while covertly “torturing prisoners of war, slaying civilians in drone attacks and spying on world leaders.”
I don’t want an authoritarian police state to be able to use that accusation against the US. But which part of that sentence is untrue?
The Vitter End
So in a battle to save the country from the alleged “catastrophe” of Obamacare, the GOP has decided to risk pushing the country to the unpredictable brink of a real catastrophe, a default, and, in return, get … a punt on the debt ceiling and c0ntinuing funding the government at current levels. But wait! There’s something vital left for them to save face!
What many seek is a provision that would eliminate government contributions to the health plans for members of Congress and their staff members — as well as for the president, vice president and members of the cabinet — who would obtain their insurance through the exchanges established by the Affordable Care Act. The sticking point for many conservatives is the exception for Congressional staff members, as a plan endorsed earlier by House leadership contained. That idea was borrowed from Senator David Vitter, Republican of Louisiana, and it passed in the House but was later stripped by the Senate…
Under a wrinkle that dates back to enactment of the law, members of Congress and thousands of their aides are required to get their coverage through the insurance exchanges. The proposal floated by Republicans would eliminate the federal government’s share of the premiums for coverage.
A wrinkle in the healthcare law that affects an infinitesimal number of people, in the grand scheme of things, is apparently a must-have for the GOP. It would make their Democratic colleagues and their aides pay more in premiums under Obamacare.
Or to put it in more explicable terms: “Nyah. Nyah.”
Seriously, this is the level of pettiness involved here, even as the hours tick by before a potentially crippling default on the country’s debt. Plus: we all have to go through another government shutdown just before Christmas, if they don’t let more from this adolescent hostage taking.
Hats off to Robert Costa who seems to have a channel to the GOP deliberations. But, Jesus, check out this quote he just got:
“The leaders are giving us one more chance to get something passed out of the House before the Senate does its thing,” says a veteran House Republican. “I think we’ll get it through, at least that’s my sense of things now. We want to do something that marks our position, so we don’t end up swallowing whatever terrible bait the Senate casts our way. Now, I know, and the majority of us know, that this is futile. But believe me, even getting to 218 on this plan will be an achievement.”
“I know, and the majority of us know, that this is futile …” Just think about what that says about how this “veteran” of the House views the crazies now holding the country and the world hostage; and what it says about the coherence of the GOP House majority. This is why the world is watching the US right now with a mixture of terror and resignation. This is the way a great power dies, isn’t it?
(Photo: Sen. David Vitter (R-LA) joins other Republican members of Congress while they hold a press conference on the Vitter Amendment as the U.S. legislative body remains gridlocked over legislation to continue funding the federal government on September 30, 2013. By Win McNamee/Getty Images.)
CEO Pay Has Spiked
Surowiecki reveals why:
As the corporate-governance experts Charles Elson and Craig Ferrere write in a recent paper, boards at most companies use what’s called “peer benchmarking.” They look at the C.E.O. salaries at peer-group firms, and then peg their C.E.O.’s pay to the fiftieth, seventy-fifth, or ninetieth percentile of the peer group—never lower. This leads to the so-called Lake Wobegon effect: every C.E.O. gets treated as above average. With all the other companies following the same process, salaries ratchet inexorably higher. “Relying on peer-group comparisons, the way boards do, mathematically guarantees that pay is going to go up,” Elson told me. “Higher pay becomes a kind of self-fulfilling prophecy.”
Mental Health Break II
Correction Of The Day
“An earlier version of this article misspelled, on second reference, the surname of a representative. He is Charlie Dent, not Debt,” – New York Times.
If The Tea Party Packs Its Bags And Goes Home
There are reports that the House is thinking of “voting on their bill and, if it passes, leaving town — a bid to try to force the Senate’s hand.” Bernstein schemes:
1. Get reluctant House Republicans to vote for a debt limit/CR bill as part of the “leave town” strategy. Bill passes.
2. Head to airports.
3. Wait until the 30-60 or so crazy caucus boards planes.
4. Sneak back to Capitol, pass whatever the Senate sends over — with any luck, unanimously, now that voting that way won’t separate them from the not-present radicals.
That’s a pleasant fantasy. Back in the real world, Costa reports on Boehner’s continued efforts:
According to his allies, he’s still hoping to bring the House’s plan to the floor tonight, and he thinks it can pass, as long as a few elements of the proposal are adjusted. The 218 votes he needs, though, aren’t there yet, and he and his team are spending the afternoon informally whipping skeptical Republicans.
The Dish 