Entries by emptywheel

Attacking Romney Rather than the People Looting our Economy

This Politico story–“revealing” Obama’s campaign plan to brand Multiple Choice Mitt as “weird”–has gotten a lot of attention in the twittersphere. Barack Obama’s aides and advisers are preparing to center the president’s reelection campaign on a ferocious personal assault on Mitt Romney’s character and business background, a strategy grounded in the early stage expectation that […]

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Another Day, Another Person Suing Donald Rumsfeld for Torture

The 7th Circuit has just issued a decision in yet another case where a US citizen (actually, two of them–Donald Vance and Nathan Ertel) are suing Donald Rumsfeld for the torture they suffered at the hands of the military. (h/t scribe) The opinion allows the Bivens lawsuit to go forward. Vance and Ertel are both […]

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Links, 8/8/11

Our Dying Economy Banks are slashing jobs. I guess giving all that free money to “job creators” didn’t work out the way it was supposed to. If Dodd-Frank could do what it was supposed to, the Feds would be busy resolving Bank of America right now–before the many suits, objections to settlements, and put-back claims […]

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Mexico Drug Cartels: Fighting Transnationalism with Transnationalism

Particularly in light of the Administration’s recent rollout of its Transnational Criminal Organization program, the NYT’s article on our escalating war in Mexico raises several concerns. As I laid out, that program basically applies a number of GWOT tools–such as freezing of funds–to the fight against completely arbitrarily designated TCOs. The NYT article shows how […]

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The UndieBomber Trial Gets Interesting

I used to have a bit of a party trick last year before I moved out of SE Michigan. At some opportune time, I’d surprise folks by telling them the UndieBomber, Umar Farouk Abdulmutallab, was in a prison just 20 miles from where we were in Ann Arbor, one you’d pass on the way down […]

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The End of the American Empire

I write about our dying empire just about every day in my links posts. But given the debt limit debate and Friday’s S&P downgrade, I wanted to look at four pieces that examine where we are more closely (note, all of these are well worth reading in full–do click through to read them). There are […]

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The $100 Billion TeaBagger Tax

Last week, when analysts were contemplating a debt downgrade, they put a price tag on it: $100 billion. A downgrade of the United States’ AAA credit rating is a bigger risk than a default and could over time add up to 0.7 percentage point to bond yields, members of a U.S. securities industry group said […]

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Links, 8/5/11

Banana Republic of America The S&P is reportedly about to downgrade America’s credit. So the wingnut hostage-taking will end up costing us about $100B. [Update: While we are so badly governed we no doubt deserve to be downgraded, it appears we’re sufficiently powerful enough to bully the S&P still. S&P is now claiming they made […]

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