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<channel>
	<title>The Washington Independent &#187; Blog</title>
	<atom:link href="http://washingtonindependent.com/category/blog/page/Blog/feed" rel="self" type="application/rss+xml" />
	<link>http://washingtonindependent.com</link>
	<description>National News in Context</description>
	<lastBuildDate>Wed, 25 Nov 2009 20:17:05 +0000</lastBuildDate>
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			<item>
		<title>Tea Party: The Rap</title>
		<link>http://washingtonindependent.com/68979/tea-party-the-rap</link>
		<comments>http://washingtonindependent.com/68979/tea-party-the-rap#comments</comments>
		<pubDate>Wed, 25 Nov 2009 20:17:05 +0000</pubDate>
		<dc:creator>David Weigel</dc:creator>
				<category><![CDATA[Blog]]></category>
		<category><![CDATA[Hi Caliber]]></category>
		<category><![CDATA[joe wilson]]></category>
		<category><![CDATA[rap]]></category>
		<category><![CDATA[tea party]]></category>

		<guid isPermaLink="false">http://washingtonindependent.com/?p=68979</guid>
		<description><![CDATA[It&#8217;s one of the year&#8217;s slower news days, a perfect time for this rap from Hi Caliber. The best line, in my opinion:
The population of the march was over a million
and I have a new hero, his name is Joe Wilson.
Video after the jump.

]]></description>
			<content:encoded><![CDATA[<p>It&#8217;s one of the year&#8217;s slower news days, a <a href="http://tbogg.firedoglake.com/2009/11/25/hustle-and-blow/">perfect time for this rap</a> from Hi Caliber. The best line, in my opinion:</p>
<blockquote><p>The population of the march was over a million<br />
and I have a new hero, his name is Joe Wilson.</p></blockquote>
<p>Video after the jump.</p>
<p><span id="more-68979"></span><object classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" width="425" height="350" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0"><param name="src" value="http://www.youtube.com/v/BY5z6DUfkKA" /><embed type="application/x-shockwave-flash" width="425" height="350" src="http://www.youtube.com/v/BY5z6DUfkKA"></embed></object></p>
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		<item>
		<title>Clinton on Israeli Settlement Freeze</title>
		<link>http://washingtonindependent.com/68972/clinton-on-israeli-settlement-freeze</link>
		<comments>http://washingtonindependent.com/68972/clinton-on-israeli-settlement-freeze#comments</comments>
		<pubDate>Wed, 25 Nov 2009 19:12:15 +0000</pubDate>
		<dc:creator>Spencer Ackerman</dc:creator>
				<category><![CDATA[Blog]]></category>
		<category><![CDATA[National Security]]></category>
		<category><![CDATA[Obama]]></category>
		<category><![CDATA[benjamin netanyahu]]></category>
		<category><![CDATA[freeze]]></category>
		<category><![CDATA[hillary rodham clinton]]></category>
		<category><![CDATA[Israel]]></category>
		<category><![CDATA[mahmoud abbas]]></category>
		<category><![CDATA[palestine]]></category>
		<category><![CDATA[settlements]]></category>

		<guid isPermaLink="false">http://washingtonindependent.com/?p=68972</guid>
		<description><![CDATA[Israeli Prime Minister Benjamin Netanyahu, after spending much of 2009 pushing against the Obama administration&#8217;s call for a settlement freeze, has proposed a 10-month settlement freeze in the interest of what he called &#8220;meaningful negotiations to reach a historic peace agreement that would finally end the conflict between Israel and the Palestinians.&#8221; Here&#8217;s the official [...]]]></description>
			<content:encoded><![CDATA[<p>Israeli Prime Minister Benjamin Netanyahu, after spending much of 2009 pushing against the Obama administration&#8217;s call for a settlement freeze, has <a href="http://www.haaretz.com/hasen/spages/1130636.html">proposed a 10-month settlement freeze</a> in the interest of what he called &#8220;meaningful negotiations to reach a historic peace agreement that would finally end the conflict between Israel and the Palestinians.&#8221; Here&#8217;s the <a href="http://www.state.gov/secretary/rm/2009a/11/132434.htm">official reaction from Secretary of State Hillary Rodham Clinton</a>:</p>
<blockquote><p>Today’s announcement by the Government of Israel helps move forward toward resolving the Israeli-Palestinian conflict. We believe that through good-faith negotiations the parties can mutually agree on an outcome which ends the conflict and reconciles the Palestinian goal of an independent and viable state based on the 1967 lines, with agreed swaps, and the Israeli goal of a Jewish state with secure and recognized borders that reflect subsequent developments and meet Israeli security requirements. Let me say to all the people of the region and world: our commitment to achieving a solution with two states living side by side in peace and security is unwavering.</p></blockquote>
<p>Clinton created a <a href="http://www.politico.com/blogs/laurarozen/1109/Clinton_walks_back_Israel_settlements_remarks.html">great deal of outrage</a> in the Arab world after she called a previous offer from Netanyahu that came far short of a total freeze &#8220;unprecedented.&#8221; This reply is far more restrained.</p>
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		<title>CIA Interrogation Tapes Destroyed Shortly After News Reports on CIA Black Sites and Interrogation Methods</title>
		<link>http://washingtonindependent.com/68964/cia-interrogation-tapes-destroyed-shortly-after-news-reports-on-cia-black-sites-and-interrogation-methods</link>
		<comments>http://washingtonindependent.com/68964/cia-interrogation-tapes-destroyed-shortly-after-news-reports-on-cia-black-sites-and-interrogation-methods#comments</comments>
		<pubDate>Wed, 25 Nov 2009 18:45:49 +0000</pubDate>
		<dc:creator>Daphne Eviatar</dc:creator>
				<category><![CDATA[Blog]]></category>
		<category><![CDATA[Law]]></category>
		<category><![CDATA[National Security]]></category>
		<category><![CDATA[Torture]]></category>
		<category><![CDATA[U.S.]]></category>
		<category><![CDATA[ACLU]]></category>
		<category><![CDATA[bush]]></category>
		<category><![CDATA[cia]]></category>
		<category><![CDATA[cia interrogation tapes]]></category>
		<category><![CDATA[destruction]]></category>
		<category><![CDATA[Firedoglake]]></category>
		<category><![CDATA[FOIA]]></category>
		<category><![CDATA[freedom of information act]]></category>
		<category><![CDATA[marcy wheeler]]></category>
		<category><![CDATA[new york times]]></category>
		<category><![CDATA[torture tapes]]></category>
		<category><![CDATA[Washington Post]]></category>

		<guid isPermaLink="false">http://washingtonindependent.com/?p=68964</guid>
		<description><![CDATA[Marcy Wheeler at Firedoglake has an interesting take today on the most recent summary of classified documents that the government turned over to the American Civil Liberties Union Friday, as part of its response to the organization&#8217;s Freedom of Information Act requests about the destruction of 92 videotapes of CIA interrogations. The documents reveal what [...]]]></description>
			<content:encoded><![CDATA[<p>Marcy Wheeler at Firedoglake has <a href="http://emptywheel.firedoglake.com/" target="_blank">an interesting take</a> today on the most recent <a href="http://www.aclu.org/files/assets/20091120_Govt_Para_4_55_Hardcopy_Vaughn_Index.pdf" target="_blank">summary of classified documents that the government turned over</a> to the American Civil Liberties Union Friday, as part of its response to the organization&#8217;s Freedom of Information Act requests about the <a href="http://www.huffingtonpost.com/2009/03/02/cia-destroyed-92-terror-i_n_171065.html" target="_blank">destruction of 92 videotapes</a> of CIA interrogations. The documents reveal what Wheeler calls &#8220;a tension between the torturers in the field growing increasingly panicked about the torture tapes&#8221; and wanting the CIA to destroy them, and the reluctance, at first, of the CIA’s Office of General Counsel to do that.<span id="more-68964"></span></p>
<p>The ACLU, meanwhile, has identified an important point about the <a href="http://www.aclu.org/national-security/selected-chronology-cias-destruction-92-videotapes" target="_blank">chronology of the CIA&#8217;s internal communications about the tapes</a>. Although the communications remain classified, the dates and summaries of their content provided by the government reveals that a request to destroy the 92 tapes were  made just days after The Washington Post reported on the existence of secret overseas CIA prisons known as &#8220;black sites.&#8221; Another request was made on the day The New York Times reported that the CIA inspector general had issued a report questioning the legality of the agency&#8217;s interrogation methods.</p>
<p>The tapes were destroyed that same day.</p>
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		<title>Eight Years Later, Still No Appetite to Share the Burdens of War</title>
		<link>http://washingtonindependent.com/68945/eight-years-later-still-no-appetite-to-share-the-burden-of-war-funding</link>
		<comments>http://washingtonindependent.com/68945/eight-years-later-still-no-appetite-to-share-the-burden-of-war-funding#comments</comments>
		<pubDate>Wed, 25 Nov 2009 17:24:34 +0000</pubDate>
		<dc:creator>Mike Lillis</dc:creator>
				<category><![CDATA[Blog]]></category>
		<category><![CDATA[Congress]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[National Security]]></category>
		<category><![CDATA[balanced budgets]]></category>
		<category><![CDATA[borrowing from china]]></category>
		<category><![CDATA[budget deficits]]></category>
		<category><![CDATA[bush tax cuts]]></category>
		<category><![CDATA[charles grassley]]></category>
		<category><![CDATA[deficit spending]]></category>
		<category><![CDATA[delegation coverage]]></category>
		<category><![CDATA[iowa]]></category>
		<category><![CDATA[national debt]]></category>
		<category><![CDATA[sacrifice]]></category>
		<category><![CDATA[war spending]]></category>

		<guid isPermaLink="false">http://washingtonindependent.com/?p=68945</guid>
		<description><![CDATA[Here&#8217;s an interesting response from Sen. Charles Grassley (Iowa), senior Republican on the Finance Committee, when asked by a reporter this morning whether Congress intends to pay for the wars its launched, or continue to borrow the money and pile onto federal deficits.
Defending America is a number one responsibility and money&#8217;s not the first consideration. [...]]]></description>
			<content:encoded><![CDATA[<p>Here&#8217;s an interesting response from Sen. Charles Grassley (Iowa), senior Republican on the Finance Committee, when asked by a reporter this morning whether Congress intends to pay for the wars its launched, or <a href="http://www.politico.com/news/stories/0308/9292.html" target="_blank">continue to borrow the money</a> and pile onto federal deficits.</p>
<blockquote><p>Defending America is a number one responsibility and money&#8217;s not the first consideration.  The first consideration is winning&#8230;.</p>
<p>But we have always, one way or the other, raised the money to defend America, and in this case to defend America from a different kind of war, the war on terrorism. And it will be done.</p></blockquote>
<p>He&#8217;s right on one account. You fight a war because you must, and the budget concerns should be immaterial. But the original question was, effectively, &#8220;Why aren&#8217;t lawmakers willing to ask Americans to pay for the costs of protecting the homeland, either through tax hikes or spending cuts elsewhere in the government?&#8221;<span id="more-68945"></span></p>
<p>Grassley ducked it, and his argument that Congress has &#8220;always &#8230; raised the money to defend America&#8221; ignores the truth that, since 2001, the wars in Iraq and Afghanistan have been funded primarily by borrowing from abroad &#8212; a particularly curious whitewash in the context of <a href="http://www.foxnews.com/politics/2009/06/20/republicans-attack-cost-health-care-reform/" target="_blank">Republican criticisms</a> that health care reform will break the federal budget.</p>
<p>The costs of that failure to ask for shared sacrifice have been tangible. When George W. Bush was elected to the White House in 2000, <a href="http://www.treasurydirect.gov/govt/reports/pd/histdebt/histdebt_histo5.htm" target="_blank">the nation&#8217;s debt</a> was $5.7 trillion. Eight years later &#8212; after several rounds of tax cuts and two unfunded wars &#8212; the number had jumped to $10.0 trillion.</p>
<p>It&#8217;s worth noting that most of the Republicans now criticizing the costs of health care reform, Grassley included, also <a href="http://www.senate.gov/legislative/LIS/roll_call_lists/roll_call_vote_cfm.cfm?congress=108&amp;session=2&amp;vote=00211" target="_blank">supported</a> those <a href="http://www.washingtonpost.com/wp-dyn/articles/A25407-2004Oct11.html" target="_blank">mid-war tax cuts</a>.</p>
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		<item>
		<title>Lou Dobbs Already Flip-Flopping on &#8216;Amnesty&#8217;?</title>
		<link>http://washingtonindependent.com/68946/lou-dobbs-already-flip-flopping-on-amnesty</link>
		<comments>http://washingtonindependent.com/68946/lou-dobbs-already-flip-flopping-on-amnesty#comments</comments>
		<pubDate>Wed, 25 Nov 2009 17:17:52 +0000</pubDate>
		<dc:creator>Daphne Eviatar</dc:creator>
				<category><![CDATA[Blog]]></category>
		<category><![CDATA[Immigration]]></category>
		<category><![CDATA[Media]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[U.S.]]></category>
		<category><![CDATA[amnesty]]></category>
		<category><![CDATA[cnn]]></category>
		<category><![CDATA[illegal aliens]]></category>
		<category><![CDATA[illegal immigrants]]></category>
		<category><![CDATA[immigrants' rights]]></category>
		<category><![CDATA[immigration reform]]></category>
		<category><![CDATA[Lou Dobbs]]></category>
		<category><![CDATA[nativism]]></category>
		<category><![CDATA[telemundo]]></category>

		<guid isPermaLink="false">http://washingtonindependent.com/?p=68946</guid>
		<description><![CDATA[After years of slamming anyone who proposed any sort of &#8220;amnesty&#8221; for &#8220;illegal aliens,&#8221; former CNN host Lou Dobbs has apparently changed his tune. On Friday, he told the Spanish-language TV station: &#8220;We need the ability to legalize illegal immigrants under certain conditions.&#8221;
Dobbs recently left CNN, reportedly with an $8 million payoff, after Latino and [...]]]></description>
			<content:encoded><![CDATA[<p>After years of <a href="http://mediamatters.org/research/200706150009" target="_blank">slamming anyone</a> who proposed any sort of &#8220;amnesty&#8221; for &#8220;illegal aliens,&#8221; former CNN host Lou Dobbs has apparently changed his tune. On Friday, he <a href="http://online.wsj.com/article/SB125910998942663259.html?mod=googlenews_wsj" target="_blank">told the Spanish-language TV station</a>: &#8220;We need the ability to legalize illegal immigrants under certain conditions.&#8221;<span id="more-68946"></span></p>
<p>Dobbs recently left CNN, <a href="http://thinkprogress.org/2009/11/16/dobbs-8-million/" target="_blank">reportedly with an $8 million payoff</a>, after <a href="http://washingtonindependent.com/67525/drop-dobbs-campaign-claims-victory" target="_blank">Latino and immigrants&#8217; advocates campaigned the network</a> to oust him for <a href="http://washingtonindependent.com/64678/campaign-to-oust-dobbs-from-cnn-heats-up" target="_blank">vilifying Latino immigrants</a> on his nightly news show. In announcing his departure, Dobbs promised to continue to &#8220;be a leader in [the] national conversation,&#8221; which <a href="http://online.wsj.com/article/SB125910998942663259.html" target="_blank">he&#8217;s suggested could include</a> a run for political office.</p>
<p>That may be why he told Maria Celeste on Telemundo that &#8220;I am one of your greatest friends and I mean for us to work together.&#8221;</p>
<p><a href="http://latimesblogs.latimes.com/washington/2009/11/lou-dobbs-latino-alien-immigration.html" target="_blank">The Los Angeles Times notes</a> that the wealthy Texas-born host lives on a 300-acre farm in Northwest New Jersey, where he could launch a run for a Senate seat. Unless his sights <a title="http://washingtonindependent.com/68779/citizen-lou" href="http://washingtonindependent.com/68779/citizen-lou" target="_blank">are already on the presidency.</a></p>
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		<title>Nothing Like the Day Before Thanksgiving for a Military Commissions Announcement</title>
		<link>http://washingtonindependent.com/68950/nothing-like-the-day-before-thanksgiving-for-a-military-commissions-announcement</link>
		<comments>http://washingtonindependent.com/68950/nothing-like-the-day-before-thanksgiving-for-a-military-commissions-announcement#comments</comments>
		<pubDate>Wed, 25 Nov 2009 17:06:40 +0000</pubDate>
		<dc:creator>Spencer Ackerman</dc:creator>
				<category><![CDATA[Blog]]></category>
		<category><![CDATA[Law]]></category>
		<category><![CDATA[National Security]]></category>
		<category><![CDATA[Obama]]></category>
		<category><![CDATA[Ahmed Mohammed Ahmed Haza al Darbi]]></category>
		<category><![CDATA[al qaeda]]></category>
		<category><![CDATA[military commissions]]></category>
		<category><![CDATA[osama bin laden]]></category>
		<category><![CDATA[pentagon]]></category>
		<category><![CDATA[yemen]]></category>

		<guid isPermaLink="false">http://washingtonindependent.com/?p=68950</guid>
		<description><![CDATA[Midday on Wednesday Nov. 25, one of the busiest travel times of the year, and journalists stuck in check-in lines at the airport frustratingly checking their mobile devices find this pre-Thanksgiving gift from the Department of Defense:
Today, prosecutors in the Office of Military Commissions announced they intend to ask the convening authority to refer new [...]]]></description>
			<content:encoded><![CDATA[<p>Midday on Wednesday Nov. 25, one of the busiest travel times of the year, and journalists stuck in check-in lines at the airport frustratingly checking their mobile devices find <a href="http://www.defenselink.mil/releases/release.aspx?releaseid=13154">this pre-Thanksgiving gift from the Department of Defense</a>:</p>
<blockquote><p>Today, prosecutors in the Office of Military Commissions announced they intend to ask the convening authority to refer new charges under the recently-enacted Military Commissions Act of 2009 against Ahmed Mohammed Ahmed Haza al Darbi, in connection with his alleged involvement in an al Qaeda conspiracy to attack military and commercial shipping in the Port of Aden and the Straits of Hormuz.<span id="more-68950"></span></p>
<p>This announcement follows the attorney general’s determination on Nov. 13, 2009, that a military commission was the appropriate forum for prosecution of al Darbi.</p></blockquote>
<p><a href="http://www.webcitation.org/query?url=http%3A%2F%2Fwww.google.com%2Fhostednews%2Fap%2Farticle%2FALeqM5id19AEj9Ng8ss6lmDs9oSLa9STYAD9ATD4T00&amp;date=2009-09-23">al-Darbi has apparently not actually committed an act of terrorism</a>, but if prosecutors are correct about his attendance at an al-Qaeda training camp, they have more than enough to convict him for conspiracy. So why try him in a military commission and not a civilian court? Even if the Obama administration has a compelling answer, don&#8217;t look for an answer today, as it&#8217;s right before Thanksgiving, an ideal time to drop a controversial decision without explaining it.</p>
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		<title>Lunchtime Links</title>
		<link>http://washingtonindependent.com/68947/lunchtime-links-113</link>
		<comments>http://washingtonindependent.com/68947/lunchtime-links-113#comments</comments>
		<pubDate>Wed, 25 Nov 2009 17:00:57 +0000</pubDate>
		<dc:creator>Aaron Wiener</dc:creator>
				<category><![CDATA[Blog]]></category>
		<category><![CDATA[Lunchtime Links]]></category>

		<guid isPermaLink="false">http://washingtonindependent.com/?p=68947</guid>
		<description><![CDATA[Would the death penalty turn terror suspects into martyrs?
There&#8217;s &#8220;unrest&#8221; in the Dem caucus over Afghanistan.
Dobbs polls at six percent in the 2012 presidential race &#8212; so maybe he&#8217;ll run for Senate instead.
Jindal gives mixed messages on Landrieu&#8217;s &#8220;Louisiana Purchase.&#8221;
Obama&#8217;s headed to Copenhagen &#8212; for a day.
A majority &#8212; albeit a slim one &#8212; of [...]]]></description>
			<content:encoded><![CDATA[<p>Would the <a href="http://washingtonindependent.com/68913/can-the-death-penalty-for-terrorists-fuel-violence">death penalty</a> turn terror suspects into martyrs?</p>
<p>There&#8217;s <a href="http://www.huffingtonpost.com/2009/11/24/pelosi-sees-unrest-among_n_369648.html">&#8220;unrest&#8221;</a> in the Dem caucus over Afghanistan.</p>
<p>Dobbs polls at <a href="http://politics.theatlantic.com/2009/11/dobbs_pollling_at_six_percent.php">six percent</a> in the 2012 presidential race &#8212; so maybe he&#8217;ll <a href="http://www.google.com/hostednews/ap/article/ALeqM5hxFNS8CGaba4OsdbCXyFcsBisvaAD9C6J8M84">run for Senate</a> instead.</p>
<p>Jindal gives <a href="http://theplumline.whorunsgov.com/health-care/after-attack-from-right-jindal-quiet-on-whether-he-favors-300-million-in-federal-funds-for-his-state/">mixed messages</a> on Landrieu&#8217;s &#8220;Louisiana Purchase.&#8221;</p>
<p>Obama&#8217;s <a href="http://washingtonindependent.com/68932/obama-will-go-to-copenhagen-pledge-17-percent-emissions-cut">headed to Copenhagen</a> &#8212; for a day.</p>
<p>A <a href="http://theplumline.whorunsgov.com/climate-change/poll-only-a-bare-majority-of-republicans-believes-in-global-warming/">majority</a> &#8212; albeit a slim one &#8212; of Republicans believe in global warming.</p>
<p>Maybe Rudy&#8217;s <a href="http://www.observer.com/2009/politics/rudy-giuliani-serial-rumor-monger">not running</a> for NY Senate.</p>
<p>But maybe <a href="http://www.politico.com/blogs/glennthrush/1109/Ford_vs_Gillibrand.html">Harold Ford</a> is.</p>
<p>Is the RNC&#8217;s <a href="http://www.politico.com/blogs/bensmith/1109/Is_purity_test_prochoice.html">&#8220;purity test&#8221;</a> actually pro-choice?</p>
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		<title>An Astute Translation of the Banks&#8217; Case Against New Regulations</title>
		<link>http://washingtonindependent.com/68930/an-astute-translation-of-the-banks-case-against-new-regulations</link>
		<comments>http://washingtonindependent.com/68930/an-astute-translation-of-the-banks-case-against-new-regulations#comments</comments>
		<pubDate>Wed, 25 Nov 2009 15:50:54 +0000</pubDate>
		<dc:creator>Mike Lillis</dc:creator>
				<category><![CDATA[Blog]]></category>
		<category><![CDATA[Congress]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[banking reform]]></category>
		<category><![CDATA[barney frank]]></category>
		<category><![CDATA[finance reform]]></category>
		<category><![CDATA[finance regulation]]></category>
		<category><![CDATA[house financial services committee]]></category>
		<category><![CDATA[Lobbying]]></category>
		<category><![CDATA[TARP]]></category>
		<category><![CDATA[Wall Street bailout]]></category>

		<guid isPermaLink="false">http://washingtonindependent.com/?p=68930</guid>
		<description><![CDATA[The finance industry, seeming to forget that it was responsible for the economic turmoil that&#8217;s pushed unemployment above 10 percent, is lobbying furiously (and successfully) against Democratic legislation designed to protect consumers and prevent a similar episode in the future.
Yesterday, industry representatives held a conference call with reporters boasting about just how effective they&#8217;re fight [...]]]></description>
			<content:encoded><![CDATA[<p>The finance industry, seeming to forget that it was responsible for the economic turmoil that&#8217;s pushed unemployment <a href="http://money.cnn.com/2009/11/06/news/economy/jobs_october/" target="_blank">above 10 percent</a>, is <a href="http://www.opensecrets.org/news/2009/11/finance-and-credit-companies-l.html" target="_blank">lobbying furiously</a> (and <a href="http://www.nytimes.com/reuters/2009/11/19/news/news-us-financial-regulation.html?_r=1&amp;scp=5&amp;sq=barney%20frank&amp;st=cse" target="_blank">successfully</a>) against Democratic legislation designed to protect consumers and prevent a similar episode in the future.</p>
<p>Yesterday, industry representatives held a conference call with reporters boasting about just how effective they&#8217;re fight against the proposed reforms has been. Washington Post columnist Dan Milbank today <a href="http://www.washingtonpost.com/wp-dyn/content/article/2009/11/24/AR2009112403566.html" target="_blank">captures</a> the essence of the industry&#8217;s reasoning:</p>
<blockquote><p>[T]he argument most likely to prevail for the financial firms on Capitol Hill was offered by Chris Stinebert, [head of the American Financial Services Association]. &#8220;Especially now, when we&#8217;re in a very, very sensitive time, when the capital markets are just starting to recover,&#8221; he said, &#8220;introducing a high level of uncertainty in the marketplace could be very detrimental.&#8221;</p></blockquote>
<p><span id="more-68930"></span>Most of America, though, will have a tough time sympathizing with the alleged misfortunes of Wall Street firms, some of which <a href="http://www.bloomberg.com/apps/news?pid=20601087&amp;sid=aQ19vTwO8RkQ&amp;pos=3" target="_blank">are posting record profits</a> at the same time that unemployment continues to leap.</p>
<p>With that in mind, Milbank offers his translation of Stineberts argument:</p>
<blockquote><p>[T]o put it another way: Don&#8217;t regulate us now because the economy is still suffering from the mess we made because we weren&#8217;t regulated the last time. Chutzpah, it appears, is recession-proof.</p></blockquote>
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		<title>Obama Will Go to Copenhagen, Pledge 17-Percent Emissions Cut</title>
		<link>http://washingtonindependent.com/68932/obama-will-go-to-copenhagen-pledge-17-percent-emissions-cut</link>
		<comments>http://washingtonindependent.com/68932/obama-will-go-to-copenhagen-pledge-17-percent-emissions-cut#comments</comments>
		<pubDate>Wed, 25 Nov 2009 15:47:00 +0000</pubDate>
		<dc:creator>Aaron Wiener</dc:creator>
				<category><![CDATA[Blog]]></category>
		<category><![CDATA[Environment]]></category>
		<category><![CDATA[barack obama]]></category>
		<category><![CDATA[climate]]></category>
		<category><![CDATA[climate change]]></category>
		<category><![CDATA[climate conference]]></category>
		<category><![CDATA[Copenhagen]]></category>
		<category><![CDATA[global warming]]></category>
		<category><![CDATA[gordon brown]]></category>
		<category><![CDATA[Nicolas Sarkozy]]></category>
		<category><![CDATA[Nobel Prize]]></category>
		<category><![CDATA[oslo]]></category>
		<category><![CDATA[President Obama]]></category>

		<guid isPermaLink="false">http://washingtonindependent.com/?p=68932</guid>
		<description><![CDATA[President Obama will travel to Copenhagen next month to attend part of the international climate conference, The Washington Post reports.
The decision follows months of speculation over whether the president would make the trip. Obama has said for the past few weeks that he would only attend if his presence could be the impetus for a [...]]]></description>
			<content:encoded><![CDATA[<p>President Obama will travel to Copenhagen next month to attend part of the international climate conference, <a href="http://www.washingtonpost.com/wp-dyn/content/article/2009/11/25/AR2009112501448.html?hpid=topnews">The Washington Post</a> reports.</p>
<p>The decision follows months of speculation over whether the president would make the trip. Obama has said for the past few weeks that he would only attend if his presence could be the impetus for a successful climate agreement.<span id="more-68932"></span></p>
<p>According to the <a href="http://www.latimes.com/news/nation-and-world/la-fg-obama-climate26-2009nov26,0,2523841.story">Los Angeles Times</a>, Obama will commit to a greenhouse gas emissions cut by the United States &#8220;in the range of&#8221; 17 percent below 2005 levels by 2020. That&#8217;s the target set by the House climate bill passed in June. But without a Senate counterpart in place, Obama&#8217;s pledge might not carry much weight in Copenhagen. The Senate is not expected to take up climate legislation until early next year.</p>
<p>Obama will spend Dec. 9 in Copenhagen before flying to Oslo the next day to accept his Nobel Peace Prize. The climate conference is scheduled to run from Dec. 7 to Dec. 18.</p>
<p>Environmentalists have argued for some time that Obama&#8217;s presence is critical if the global community is to think that the United States &#8212; the world&#8217;s biggest carbon emitter, historically &#8212; is serious about an international treaty.</p>
<p>But a one-day stop in Copenhagen may not be enough. Obama &#8220;must also be willing to return to Copenhagen with the rest of the world&#8217;s leaders during the final stages of the negotiations&#8221; if necessary, Keya Chatterjee, climate director for the World Wildlife Fund, told The Post.</p>
<p>Other Western leaders, including Britain&#8217;s Gordon Brown and France&#8217;s Nicolas Sarkozy, have already pledged to attend the conference.</p>
<p><em>Update 10:54 am: </em>Here&#8217;s a press release just sent out by the White House:</p>
<blockquote><p>President to Attend Copenhagen Climate Talks</p>
<p>Administration Announces U.S. Emission Target for Copenhagen</p>
<p>The White House announced today that President Obama will travel to Copenhagen on Dec. 9 to participate in the United Nations Climate Change Conference, where he is eager to work with the international community to drive progress toward a comprehensive and operational Copenhagen accord.   The President has worked steadily on behalf of a positive outcome in Copenhagen throughout the year.  Based on the President’s work on climate change over the past 10 months – in the Major Economies Forum, the G20, bilateral discussions and multilateral consultations – and based on progress made in recent, constructive discussions with China and India’s Leaders, the President believes it is possible to reach a meaningful agreement in Copenhagen.  The President’s decision to go is a sign of his continuing commitment and leadership to find a global solution to the global threat of climate change, and to lay the foundation for a new, sustainable and prosperous clean energy future.</p>
<p>The White House also announced that, in the context of an overall deal in Copenhagen that includes robust mitigation contributions from China and the other emerging economies, the President is prepared to put on the table a U.S. emissions reduction target in the range of 17% below 2005 levels in 2020 and ultimately in line with final U.S. energy and climate legislation.  In light of the President’s goal to reduce emissions 83% by 2050, the expected pathway set forth in this pending legislation would entail a 30% reduction below 2005 levels in 2025 and a 42% reduction below 2005 in 2030.  This provisional target is in line with current legislation in both chambers of Congress and demonstrates a significant contribution to a problem that the U.S. has neglected for too long.  With less than two weeks to go until the beginning of the Copenhagen conference, it is essential that the countries of the world, led by the major economies, do what it takes to produce a strong, operational agreement that will both launch us on a concerted effort to combat climate change and serve as a stepping stone to a legally binding treaty.  The President is working closely with Congress to pass energy and climate legislation as soon as possible.</p>
<p>Underscoring President Obama’s commitment to American leadership on clean energy and combating climate change, the White House also announced today that a host of Cabinet secretaries and other top officials from across the Administration will travel to Copenhagen for the conference.  Interior Secretary Ken Salazar, Agriculture Secretary Tom Vilsack, Commerce Secretary Gary Locke, Energy Secretary Steven Chu, and Environmental Protection Agency Administrator Lisa P. Jackson are all scheduled to attend, along with Council on Environmental Quality Chair Nancy Sutley, and Assistant to the President for Energy and Climate Change Carol Browner.</p>
<p>For the first time, the U.S. delegation will have a U.S. Center at the conference, providing a unique and interactive forum to share our story with the world.  In addition to working with other countries to advance American interests, U.S. delegates will keynote a series of events highlighting actions by the Obama Administration to provide domestic and global leadership in the transition to a clean energy economy.  Topics will range from energy efficiency investments and global commitments to renewables policy and clean energy jobs.  The following keynote events and speakers are currently scheduled:</p>
<p>·         Wednesday, December 9th: Taking Action at Home, EPA Administrator Lisa P. Jackson</p>
<p>·         Thursday, December 10th: New Energy Future: the role of public lands in clean energy production and carbon capture, Secretary of the Interior Ken Salazar</p>
<p>·         Friday, December 11th: Clean Energy Jobs in a Global Marketplace, Commerce Secretary Gary Locke</p>
<p>·         Monday, December 14th: Leading in Energy Efficiency and Renewables, Energy Secretary Steven Chu</p>
<p>·         Tuesday, December 15th: Clean Energy Investments: creating opportunities for rural economies, Agriculture Secretary Tom Vilsack</p>
<p>·         Thursday, December 17th: Backing Up International Agreement with Domestic Action, CEQ Chair Nancy Sutley and Assistant to the President Carol Browner</p></blockquote>
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		<title>House Bill Would Cap Credit Card Rates at 16 Percent</title>
		<link>http://washingtonindependent.com/68923/house-bill-would-cap-credit-card-rates-at-16-percent</link>
		<comments>http://washingtonindependent.com/68923/house-bill-would-cap-credit-card-rates-at-16-percent#comments</comments>
		<pubDate>Wed, 25 Nov 2009 15:09:53 +0000</pubDate>
		<dc:creator>Mike Lillis</dc:creator>
				<category><![CDATA[Bailout]]></category>
		<category><![CDATA[Blog]]></category>
		<category><![CDATA[Congress]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[credit card reform]]></category>
		<category><![CDATA[finance reform]]></category>
		<category><![CDATA[house of reps]]></category>
		<category><![CDATA[louise slaughter]]></category>
		<category><![CDATA[rate caps]]></category>
		<category><![CDATA[TARP]]></category>
		<category><![CDATA[Wall Street bailout]]></category>

		<guid isPermaLink="false">http://washingtonindependent.com/?p=68923</guid>
		<description><![CDATA[Equating today&#8217;s rising credit card rates to usury, several House Democrats today announced plans to introduce legislation capping credit card rates at 16 percent.
&#8220;Things were a lot better for the average person in this country when we had usury caps,&#8221; Rep. Louise Slaughter (D-N.Y.), head of the House Rules Committee, said in a statement announcing her bill. [...]]]></description>
			<content:encoded><![CDATA[<p>Equating today&#8217;s rising credit card rates to usury, several House Democrats today announced plans to introduce legislation capping credit card rates at 16 percent.</p>
<p>&#8220;Things were a lot better for the average person in this country when we had usury caps,&#8221; Rep. Louise Slaughter (D-N.Y.), head of the House Rules Committee, said in a statement announcing her bill. &#8220;Watching how credit card companies have exploited people by increasing rates up to 30 percent and more is criminal and this bill will allow us to put an end to this practice.&#8221;</p>
<p>Massachusetts Democratic Reps. John Tierney  and Michael Capuano will co-sponsor the bill.<span id="more-68923"></span></p>
<p>They have a tough road ahead, for several reasons. (1) Even though it was the finance industry that was primarily responsible for the recent global economic meltdown, there&#8217;s a growing reluctance on Capitol Hill to apply strict new regulations just as the banks are re-stabilizing &#8212; a circumstance the banks <a href="http://www.washingtonpost.com/wp-dyn/content/article/2009/11/24/AR2009112403566.html" target="_blank">are already celebrating</a>. (2) Although Congress was successful in passing sweeping credit card reforms in May, an amendment to cap interest rates at 15 percent <a href="http://www.bloomberg.com/apps/news?pid=20601070&amp;sid=aJONT9_c4wwc" target="_blank">was killed</a> in the Senate. And (3) the banks aren&#8217;t going to allow Congress to squeeze a profit source without coming up with creative ways to make up the difference elsewhere. This, The New York Times <a href="http://www.nytimes.com/2009/11/25/your-money/credit-and-debit-cards/25card.html" target="_blank">reported</a> yesterday, is what&#8217;s happening in Australia, where card issuers have responded to new regulations by attaching new fees to airline tickets, among other purchases.</p>
<p>&#8220;[I]f regulators limit one fee or rate, banks are likely to find another way to keep revenue flowing,&#8221; The Times wrote.</p>
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