Links 11/2/15

Britain’s oldest tree appears to be undergoing a sex change after 3,000 years Telegraph

Valeant Shows the Perils of Fantasy Numbers Gretchen Morgenson, NYT

The case of Valeant; not over by a long shot Re: The Auditors

The Valeant Debt Story Forbes

Foreign banks use US repo deals to ‘window-dress’ risk FT

The big-box game The Economist

Corporate Bond Market Takes Flight in an Upbeat Sign for U.S. Economy WSJ

Bonds Send Same Ominous Signs No Matter Where in World You Look Bloomberg

Global growth – malaise, but no recession Gavyn Davies, FT

All Washington Chipotle restaurants close amid E. coli investigation Seattle Times. Alert reader Bob suggests this for your viewing pleasure (starts at 0:10).

If you call it a blockchain, it’s not a single-entry system FT Alphaville and The Bitcoin Blockchain Explained (video) IEEE Spectrum (Furzy Mouse). Be sure to read the comments.

Conflict of Interest in T Magazine’s Tech Article Margaret Sullivan, NYT

Bjorn’s Corner: Aircraft programs Leeham News

Wait, Americans Spend How Much on Halloween? The Atlantic

Photos: The Best Halloween Costumes On The Subway (Round 1) Gothamist

Halloween makeup and prosthetics by students – in pictures Guardian

Neighbours from hell Private Eye. “AN EXAMINATION by the Eye of British properties frozen by law enforcers and the courts reveals some of the world’s most questionable operators channelling fortunes into property while attempting to hide behind tax haven companies.”

Jeremy Corbyn is preparing to go the full five years The New Statesman


Turkey’s Ruling AKP Regains Parliamentary Majority WSJ. Not the end of Erdogan. Or his palace.

Turkey’s AKP makes strong comeback, wins enough seats for single-party rule Hurriyet Daily News

Erdogan’s AKP “Wins” Snap Election – Successful Challenge Unlikely Moon of Alabama

Turkish Lira Posts Biggest Monthly Gain Since 2012 Before Vote Bloomberg

The Mysteries Of Greek Land Registration Observing Greece

Crash: Metrojet A321 over Sinai on Oct 31st 2015, disappeared from radar in climb over Sinai The Aviation Herald


With Syria escalation, Obama may win leverage on and off battlefield  Jerusalem Post

Putin’s Syrian bet Le Monde Diplomatique

Burn it, destroy it: Pressure builds on Blair over Chilcot report as it’s revealed ministers were told to destroy key evidence on eve of conflict which showed Iraq War was ILLEGAL Daily Mail (which broke the story (!)).

Blair denies ministers were told to ‘burn’ Iraq war legal advice Guardian

Migrant Crisis

The assumption that less immigration equals less inequality is fundamentally flawed London School of Economics

The price of getting to Britain: Makeshift cemetery in Calais holds the refugees who didn’t make it… and the graveyard is only set to grow Daily Mail

Refugees Tell Us What Their Lives Are Like After They Make It to Germany Vice

As Merkel Crumbles Berlin Turns To Moscow Russia Insider (Sid S).

If Angela Merkel is ousted, Europe will unravel FT


China aids eurozone QE drive with sales of German bonds FT

China’s October factory, services surveys show economy still wobbly Reuters

Down $4 Trillion, China Faithful Buy Stocks That Hurt Them Most  Bloomberg

Diaspora Shield India and Mexico From Capital Flight Bloomberg

Be wary of fraud, Myanmar’s Suu Kyi tells huge rally Agence France Presse

Police State Watch

AP: Hundreds of officers lose licenses over sex misconduct AP

A Prosecutor’s Guide To Not Prosecuting A Cop Who Killed Someone HuffPo


Democratic Socialism Has Deep Roots in American Life LA Progressive

Election 2016: Hillary Clinton Demands Probe of Exxon After Oil Giant Stops Funding Clinton Foundation David Sirota, International Business Times

Paul Ryan Is A Speaker Everyone Can Get Behind, But It Wasn’t Always That Way HuffPo. I don’t care about “repairing the divides in Congress.”  That sounds like a Grand Bargain to me. Anyhow, Ryan wants to win, not “repair divides.” And so should his opponents. The duty of an opposing party, after all, is to oppose.

In Denver suburb, a school board race morphs into $1 million ‘proxy war’ WaPo

Class Warfare

The disappearing middle class is threatening American mega brands Business Insider

The Mystery of the Vanishing Pay Raise NYT

Shift to Benefits Helps Explain Sluggish Wage Growth WSJ

Rising Temperatures Kick-Start Subarctic Farming In Alaska NPR (Furzy Mouse).

Why the State Matters Jacobin

Antidote du jour (Ohio):


See yesterday’s Links and Antidote du Jour here.

Print Friendly, PDF & Email
This entry was posted in Guest Post, Links on by .

About Lambert Strether

Readers, I have had a correspondent characterize my views as realistic cynical. Let me briefly explain them. I believe in universal programs that provide concrete material benefits, especially to the working class. Medicare for All is the prime example, but tuition-free college and a Post Office Bank also fall under this heading. So do a Jobs Guarantee and a Debt Jubilee. Clearly, neither liberal Democrats nor conservative Republicans can deliver on such programs, because the two are different flavors of neoliberalism (“Because markets”). I don’t much care about the “ism” that delivers the benefits, although whichever one does have to put common humanity first, as opposed to markets. Could be a second FDR saving capitalism, democratic socialism leashing and collaring it, or communism razing it. I don’t much care, as long as the benefits are delivered. To me, the key issue — and this is why Medicare for All is always first with me — is the tens of thousands of excess “deaths from despair,” as described by the Case-Deaton study, and other recent studies. That enormous body count makes Medicare for All, at the very least, a moral and strategic imperative. And that level of suffering and organic damage makes the concerns of identity politics — even the worthy fight to help the refugees Bush, Obama, and Clinton’s wars created — bright shiny objects by comparison. Hence my frustration with the news flow — currently in my view the swirling intersection of two, separate Shock Doctrine campaigns, one by the Administration, and the other by out-of-power liberals and their allies in the State and in the press — a news flow that constantly forces me to focus on matters that I regard as of secondary importance to the excess deaths. What kind of political economy is it that halts or even reverses the increases in life expectancy that civilized societies have achieved? I am also very hopeful that the continuing destruction of both party establishments will open the space for voices supporting programs similar to those I have listed; let’s call such voices “the left.” Volatility creates opportunity, especially if the Democrat establishment, which puts markets first and opposes all such programs, isn’t allowed to get back into the saddle. Eyes on the prize! I love the tactical level, and secretly love even the horse race, since I’ve been blogging about it daily for fourteen years, but everything I write has this perspective at the back of it.


  1. financial matters

    ‘The Supplemental Leverage Ratio makes repo more expensive’


    This article makes the point that by making repo more expensive, it is decreasing liquidity and making the underlying securities decrease in value. I think that’s the point.

    Right now repo is done on the cheap endangering money market funds to maintain these debt leveraged investments. Bringing this back to earth to stabilize money markets will more correctly price the risk of the underlying assets. It is this fake debt leveraged liquidity that will be squeezed from the system as these securities become more accurately priced.

    The Fed is stepping in with reverse repo to give money markets a more stable source of treasuries.

    Non-treasury repo should be more expensive and conducted outside the money market system as this system tends to be tax payer supported during runs.

  2. JTMcPhee

    Re sub-Arctic farming, who owns the arable land that is I guess coming on line at a faster rate than expected, the ill wind indeed would be the Foehn that blows no man good? Yeoman farmers? Do us little people own ANYTHING any more? Or have a prayer of surviving what seems to be in production?

    1. Nick

      In Canada anyway, much of the Arctic is government owned, which is an improvement from olden days when the Hudson Bay company owned everything. ;)

      1. JTMcPhee

        Seems that neither there nor here is the phrase “owned by the government” equivalent to “part of the Commons…” Whole huge swaths of “government property” are being “privatized.”

        Not sure on the GAAP practices with the proceeds ofvsuch sales and gifts– do those go to reduce the deficit?

  3. James Levy

    I disagree that the purpose of an opposition party is to oppose. It is the duty of the opposition to hold the ruling party to account and to use its judgment as to what is worth supporting and what must be opposed. To automatically oppose everything is childish. It’s the moronic Republican playbook. And it screws things up royally in this non-parliamentary system of divided loci of power under the US Constitution. The system was designed to force consensus and/or regional balance. Perhaps we should change it, but until we do a politics of adult responsibility lends itself to rational compromise and log-rolling. Gainsaying should be a last resort.

    1. Steven D.

      We know Ryan’s big goals are undermining Social Security, Medicare and Medicaid, which most Democrats, including the Republican in all but name in the White House, should be able to get behind.

      When Democrats and Republicans find common ground on something, that just means everybody’s dicks are getting sucked.

    2. Vatch

      Maybe the new Speaker will oppose the Obama administration’s Trans Pacific Partnership (TPP) when it comes up for a vote. Maybe he’ll support the restoration of Glass Steagall in opposition to the Obama administration’s wishes. Ha! Just kidding! Those events will never happen.

      1. Procopius

        I’ve thought that any thinking Democrat should realize that if, after seven years of blocking *everything* President Obama suggested, the Republicans suddenly unanimously *support* something President Obama suggests that should be a huge red flag. Unfortunately there’s just too much corporate money floating around here.

  4. semiconscious

    ‘migrant crisis’? or is it ‘refugee crisis’? i mean, are these people leaving voluntarily, or have they basically been given no other choice?…

    the power of words…

    1. Yves Smith

      “Refugees” means people who are seeking political asylum. “Migrants” includes economic migrants. as in people who don’t have to leave but are seeking better economic opportunities. “Refugee” is thus seen as less judgmental than “migrant”.

  5. Uahsenaa

    Is it really that surprising that a Tory paper would break a story that casts a former Labour PM in a bad light? Would it be all that shocking for the Wall Street Journal to break a story concerning Obama shenanigans?

    At any rate, maybe now the Guardian won’t give him a column every month in which he denounces the current Labour leader. Has Blair finally been shamed enough that we can stop pretending he’s one of the serious people, or will he pull a Kissinger, disappear for awhile, and emerge as one of the “great statesman” to whom we all pay obeisance?

    1. JTMcPhee

      But, but, but Toñy is an acknowledged EXPERT, just like Paulson and Geithner and Schauble and Scowcroft and as you note, Kissinger! Look at his successes, and how many hope to emulate him!

      1. DanB

        Not only that but Tony’s the leader of the Faith Foundation: “We provide the practical support required to counter religious prejudice, conflict and extremism in order to promote open-minded and stable societies.” Who can argue with that?

  6. abynormal

    Ten Commandments of Peer Production and Commons Economics

    7. Thou shall move beyond an exclusive reliance on imperfect market price signals towards mutual coordination of production through Open Supply Chains and Open Book Accounting

    What decision-making is for planning, and pricing is for the market, mutual coordination is for the commons!

    We will never achieve a sustainable ‘circular economy’, in which the output of one production process is used as an input for another, with closed value chains and where every cooperation has to be painfully negotiated in the conditions of lack of transparency. But entrepreneurial coalitions who are already co-dependent on a collaborative commons can create eco-systems of collaboration through open supply chains, in which the production processes become transparent, and through which every participant can adapt his behaviour based on the knowledge available in the network. There is no need for over-production when the production realities of the network become common knowledge.

    Thou shall find more information on this at

  7. abynormal

    Patti Smith on the Two Kinds of Masterpieces and Her Fifty Favorite Books
    “Oh, to be reborn within the pages of a book,” Patti Smith exhales within the pages of M Train (public library) — her astonishingly beautiful meditation on time, transformation, and how the radiance of love redeems the rupture of loss, embedded into which is an affectionate memoir of reading. Half a century after Susan Sontag extolled the rewards of rereading as rebirth, Smith journeys to the final resting places of great writers, photographing their tombstones and the ephemera that survived them — Virginia Woolf’s cane, Hermann Hesse’s typewriter, Robert Graves’s straw hat, Samuel Beckett’s spectacles — as she revisits her most beloved books. Through the devotional culvert of memory, she looks back on a lifetime of reading and communes with the authors who most animated her inner life.”

  8. JTMcPhee

    More cheers on the Street and in the City:

    Here’s How Much QE Helped Wall Street Steamroll Main Street

    , Possibly meaningful little graph.

    No need to even try to hide it now. Brigands in a lawless time… Armored and mounted, taking what they want from the ragged peasantry all cowed in fear, hoping to hide their little stashes of coins under the hayrick…

    And how to fix stuff, when the fix is so deeply in? “We” apparently have little to no say about the processes that produce the outcomes that come out of the (I was almost going to say “our,” my bad) political economy…

    1. MyLessThanPrimeBeef

      Brigands in a lawless time.

      I was watching the movie Inception yesterday.

      At the end, Saito made a phone call and our falsely accused hero was able to enter the US again to see his children.

      The audience is left with an idea planted in their subconscious that, with the right connection, things (in this case, justice, but it doesn’t have to be, that’s the ingenious part) get done.

    2. MikeNY

      Wow. When you’re getting articles like that on Bloomberg, it can only be a matter of decades before the Fed figures it out.

      1. MyLessThanPrimeBeef

        Over at Marketwatch today, you get ‘the day that may decide whether you die rich or poor.’

        It’s as important as whether you die healthy or not healthy, wealthy or no wealthy.

        When you die, these are very important to you.

          1. MyLessThanPrimeBeef

            Ideally, people can perfectly time their death as they savings run out.

            Maybe a little left over for the farewell service and, for some cultures (that’s my understanding), a party to celebrate the occasion – free food for everyone who comes.

            1. JTMcPhee

              I’m telling ya, man, franchised suicide spas are the Next Big Thing! Invest now! Ground floor opportunity! Only way for it to go is UP!

    3. fresno dan

      Great article.
      Obviously, we haven’t given the rich enough money for it to start trickling down. I say paying the rich 100X whatever the cost of what was in their trash should unleash a tidal wave of demand….(sarc)

  9. abynormal

    busted: The Corporate Physicians’ Dilemma – Three Hospital Systems Settle Cases Alleging Pressure on Employed Physicians to Refer Patients Within the System
    Broward Health, the taxpayer-financed system of hospitals and health care facilities, will pay $69.5 million to settle federal charges that it made illegal payments to staff physicians, using a secret compensation system that rewarded doctors for patient referrals and penalized them for accepting charity cases.

    1. MyLessThanPrimeBeef

      Broward Health – we’re not taxpayer-financed.

      “You’re wasting our money. Our hard earned tax money. We want to see how is used. We want to examine your work. Grade you.”

      “No, it’s not your money. You’re not my boss. You’re not the ones paying me. We have nothing to do with your taxes. Get out of here.”

    2. Brooklin Bridge

      These fines, “they do nothing…”

      It’s nice to see corruption brought to light, but who pays these fines? Basically, the taxpayer-financed hospital/health care facilities must take the costs to patients (via insurance companies or cuts to other social programs or however) to cover the cost of “doing business” or paying the fines. This is why your comment yesterday or the day before regarding the need for criminal prosecution was so spot on ( in this case probably appropriate to levy fines on the players themselves).

      1. MyLessThanPrimeBeef

        Do patients have to start taking their physicians out to expensive dinners to get cheaper prescription drugs?

        With the money saved from that, patients should be able to do the job of helping to pay for those fines.

  10. allan

    WSJ: Budget Pact Raids Victims Fund

    The government’s just-approved budget deal takes $1.5 billion from a fund for crime victims and uses it instead to help pay for federal spending, drawing on a growing reserve collected from settlements with banks and major corporations.

    The unprecedented transfer, part of closed-door negotiations between the Obama administration and congressional leaders, has raised the ire of advocates. They say it violates the integrity of a decades-old program that funds safe havens for domestic violence victims, counseling for abused children and financial aid for murder victims’ families, among other programs. …

    Since the fund’s creation in 1984 by the Victims of Crime Act, it has gathered money from fines imposed on criminals and set it aside to pay for services for crime victims.

    But during the Obama administration, as major banks and corporations paid large sums to settle Justice Department investigations, the fund ballooned from about $3 billion to nearly $12 billion at the end of the 2014 budget year, according to the department.

    Then, in 2015 alone, the Justice Department struck deals that will result in payments to the fund totaling over $5 billion, according to figures compiled by an association of state officials who run victim-assistance programs.

    So, non-prosecution agreements provide the funds to fake a balance between defense/domestic spending increases.
    Now that’s re-inventing government.

    1. JTMcPhee

      …and how much of that treasure trove has actually been paid out to victims, and to use a neocommonplace I hate, “over ten years?”

      1. JTMcPhee

        Oh, let me just go forth cynically and answer my own question: Looks like a whole lot of agencies and other grabbers, and a whole raft of add-on blood suckers, like an “Anti-Terrism fund holdback”, get dibs on the vasty-most chunk of all that money. Seems like it’s a huge hassle, too, to even file and document a claim… Why , oh why, am I not surprised? October 2015 CRS report…

  11. MyLessThanPrimeBeef

    Blair, burn it. Destroy it.

    Maybe they should ask the spies of China, Russia or other exceptional countries if they have any evidence of that. I think they do whether he did or didn’t.

  12. BK

    I find it odd that the wapo’s article on the denver school board election omits any mention of the millions of tax dollars provided by marijuana sales earmarked specifically for schools. I would think this race is all about that money, something the wapo seems to miss.

    1. meeps

      The problem in Jefferson County is, in part, an extension of the ideological skirmish taking place around the nation to rewrite the public school curriculum/textbooks in order to align it with Creationist and revisionist doctrine. Eugenie C. Scott of the NCSE (and others) already fought a similar battle with the Texas Board of Education. See the documentary, The Revisionaries (2012). Spoiler alert; it’s infuriating.

    1. Ohio

      No, none of our hives are on the Internet of Bees. I don’t know a single beekeeper who is on this network. I know a couple who tried an app on their phones to assist in record keeping, but frankly, pencils and paper are cheaper, easier to use, and don’t bust when they get sticky.

      And everything gets sticky.

      Frankly, you can’t just shove a Teflon-wrapped hunk of electronics into a hive and magically expect great data thyat will explain All Things Apis. Honey bees are very particular about things in their homes. They will remove an object if it’s small, like a beetle or worker who has died. (This is hygenic behavior and we’re in favor of this—it is quite likely the key to breeding bees more resistant to Varoo destructor as bees that exhibit hygenic behavior tend to groom themselves and each other more frequently, knocking off those bastard mites and managing the scourge themselves rather than people dousing them with chemicals, which sucks ass, even the less horrible chemicals.)

      Anyway, larger living things entering a hive, like a mouse with a sweet tooth, will be stung to death and encapsulated in propolis. Larger not living things,like a Teflon-wtrapped sensor, will just be encapsulated. Propolis is a collection of tree resins that is highly water resistant. A sensor that is large (or having any corners of jagged edges that will hurt a bee) will be coated in propolis and, if not designed for this, rendered useless.

      In addition to being small, internal hive sensors need to be placed so they don’t infringe bee space, a 1/4- to 3/8-inch area bees require to move around in. Infringe bee space and face the consequences, most of which are not only sticky, but require scraping, pulling, yanking, and swearing. Understanding and respecting bee space is the first step in becoming a decent beekeeper.

      Regardless, there are sensor systems used frequently by researchers to study every aspect of a hive’s internal environment. The challenge is that these systems are not cheap or else they have technical restrictions that make them impractical for a professional beeyard. Professional beekeepers have more than one hive and those providing commercial pollination services have anywhere from 50 to 200+, with larger operations have 10,000 hives or more.

      Beekeeping as a practice is long overdue for technological advances—it remains firmly rooted in the 19th century. Perhaps understanding how and why bees do what they do should lead these advances and not a let’s-stick-a-battery-in-it-and-see-what-happens approach.

      1. MyLessThanPrimeBeef

        Very informative.

        Just a question. Ins’t ticking a battery in it to see what happens, isn’t that’s more mid- or late 20th century than 19th century?

      2. Will

        Thanks for sharing both the photo and the comment — I agree, the little watcher turning to observe the arrivals is adorable.

  13. DJG

    Bravo to our beekeeper. Bees seem to be having a tough time here in Chicago. Luckily, I live near a restored prairie in a park adjacent to the local high school. It isn’t big, but like any tall-grass prairie, it is lush. In October, on warm days, I walked through on the desingated paths. And there they were, by the hundreds, industrious honeybees. It as a pleasure watching them fly around me.

  14. fresno dan

    AP: Hundreds of officers lose licenses over sex misconduct AP

    “California and New York — with several of the nation’s largest law enforcement agencies — offered no records because they have no statewide system to decertify officers for misconduct.”


    1. abynormal

      the woman that shared her firsthand experience…CRUSHED ME.
      really can’t think of a comment Fres, not a fitting one…

      Why Cops Aren’t Whistleblowers
      In his 2005 book Breaking Rank: A Top Cop’s Exposé of the Dark Side of American Policing, former Seattle Police Chief Norm Stamper explains the implicit threats that make the Blue Wall so successful: “You have to rely on your fellow officers to back you. A cop with a reputation as a snitch is one vulnerable police officer, likely to find his peers slow to respond to requests for backup—if they show up at all. A snitch is subject to social snubbing. Or malicious mischief, or sabotage.…The peer pressure is childish and churlish, but it’s real. Few cops can stand up to it.”

      That makes it all the more important that police administrators and political leaders support and protect the cops who do. The most disturbing aspect of these stories is not that there are bad cops in Kansas City, New York, and Albuquerque. It’s not even that other cops covered for them, or that unions have institutionalized the protection of bad apples. It’s that the cover-up and retaliation extend all the way to the top of the chain of command—and that there has been no action, or even condemnation, from the elected officials who are supposed to hold police leaders accountable.

    2. Gio Bruno

      In California the “Benevolent (sic) Order of Police Officers Gang” hides behind the “it’s a personnel record and protected information” gambit.

      1. MyLessThanPrimeBeef

        We used to be able to say, ‘We are paying you. You are my (public) servant. Let me see your personnel record.’

  15. rich

    RE:more valient….ooph

    If Mr. Ackman feels so much moral indignation about a company who sells health shakes to people and takes such umbrage at their sales channel enough to launch a full on jihad against them,

    how can he stand by a company that charges over $300,000 a year to cure Wilson’s disease?

    If a person does not get their Wilson disease medication Syprine, acquired by Valeant, the die a slow and painful death.
    After increasing the price of this a simple medication, which has been available for 50 years and costs just $100 in Europe, to over $300,000 per year,

    the co-pay alone chokes out families with someone suffering from one of the worst diseases on earth.
    Where is Mr. Ackman’s moral indignation about that?

    $VRX — @CitronResearch ‘s Last Word on Valeant

    1. MyLessThanPrimeBeef

      A few people can still be rugged individuals if they don’t have $300K/year to spare.

      One would have to be Superman to be a rugged individual.

  16. Petter

    The photo of the Hershey syrup (Business Insider link). “Genuine – chocolate flavor”. What does mean? The syrup is genuine and it has chocolate flavor? Is there any chocolate in the Genuine Hershey Syrup, and if yes, why ‘chocolate flavor’ instead of ‘chocolate?’ If no chocolate, how can the flavor be genuine?

    1. Chris in Paris

      Long, long ago, the name Hershey had a very positive cachet and “Genuine Hershey” meant that you were getting a superior product to other chocolate syrups.

  17. Louis

    It’s interesting to see that that Jefferson County recall is getting national coverage: e.g. the Washington Post article linked above.

    It’s really hard to predict how this one will turnout, though there has been no small amount of hypocrisy on the part of some of the opponents. In particular, some of the recall opponents are screaming about how the recall is being abused for political purposes–okay guys, where were you when several Colorado state legislators got recalled because of how they voted on gun legislation? The recall process cuts both ways.

    Don’t get me started on the SNAFU that is Colorado’s initiative and referendum process.

    1. Propertius

      Don’t get me started on the SNAFU that is Colorado’s initiative and referendum process.

      Yes, the referendum and initiative process here is so out of control I sometimes wonder why we bother to have a legislature at all.

      1. hunkerdown

        Indeed. Serious question — why bother having a legislature if they’re an ongoing, compounding net loss to the citizenry?

        1. JTMcPhee

          Cmon — you know the answer to that one: they apply the greasepaint of “legitimacy” to the looting and rapine and putting to the sword…because too many of the rest of us, for all the various reasons, crave that patina of electoral representative democratic somebody-has-to-be-the-Decider and maybe next time the pendulum will swing OUR way. Didn’t Poe write a horror classic about that pendulum thing?…

    2. Maude

      If you watch the livestream or follow the twitter timeline of the school board meetings you would see how outraged people are at these three conservative buffoons. If the Koch’s/Teaparty wanted to take over the school board, they picked three of the stupidest representatives possible. They can hardly run a meeting and have made plenty of missteps that even the local media has questioned.

      The ads against the recall are aimed at those who might not be aware of what’s going on and could be persuaded to vote- though that is unlikely if they weren’t going to anyway. Those who are already outraged have been mobilized long before the recall was even started and are unlikely to change their mind. One note, if you see counts of D’s and R’s ballots received that claim to predict the outcome, ignore it because they have not included the independents as a rule in the media I have seen and they account for up to a third of the registered voters in Colorado.

      I have no idea how it will turn out either.

      As for the initiative and referendum process, it brought us Tabor and that is what pretty much cuts the legs out from under the legislature. All they can really do is raise fees and cut deals with private corporations.

      1. Louis

        TABOR has crippled Colorado, probably more so than the Gallagher Amendment. The “ratchet-provisions” make it virtually impossible for the state to maintain a rainy day fund–here we are where the state is running a deficit and yet the state will be force to return the tax revenues generated from the nascent marijuana industry, unless voters allow the state to keep them. Add in Amendment 23, which mandates a certain level of school funding, and you have an unsustainable situation.

        Amendment 23, Gallagher, and TABOR all have their constituencies so good luck heading off the fiscal trainwreck.

  18. JEHR

    Re: Paul Ryan is a speaker….(comment):
    “The duty of an opposing party, after all, is to oppose.”

    When democratic elections are held, is it not the duty of the politicians elected to represent the people who elected him/her? That does not mean that the elected person necessarily opposes everything that the government sets forth as policy. If opposition is the only goal, then stasis results. Seems to hold true for Congress and the House.

    In our Parliament the opposition is labelled “her majesty’s loyal opposition.” That means that the loyalty is to the head of state and the opposition party is the party that could become the next government if circumstances change. I don’t think the opposition is meant to “oppose”all the policies of the governing party which should be making public policy and not just policy to get re-elected.

    Just my take on the word.

  19. Oregoncharles

    In case nobody’s alerted you: the Russia Insider link on Merkel doesn’t go through, at least for me. Looked OK to me, though.

  20. fresno dan

    All Washington Chipotle restaurants close amid E. coli investigation Seattle Times. Alert reader Bob suggests this for your viewing pleasure (starts at 0:10).

    Love South park….
    and you know, that oxyclean really does work …

  21. David Mills

    No matter how terrible the crimes of Blair and Bush, Goldsmith’s crime is worse. When good men do nothing, evil makes its way. Damn him for his cowardice, he could have resigned. In purgatory, he ought to look at the faces of those who died.

Comments are closed.