Nick Clegg v David Cameron v Gordon Brown

For those following the British election debates, the BBC has a good aggregator of election news, here.

UPDATE: There's also a Facebook Democracy UK page...

Florida Congressman Wants Chechens Added to Terror List

So far, the State Department has said: "No." Despite the fact that the group has officially declared war on the United States, as well as masterminding terror attacks in Russia. On this issue, IMHO, Congressman Alcee Hastings (D-FL) is right, and Hillary Clinton is wrong:

HASTINGS CALLS FOR CAUCASUS EMIRATE TO BE ON TERRORIST LIST
Group Claimed Responsibility for Moscow Subway Bombing

WASHINGTON--U.S. Congressman Alcee L. Hastings (D-FL), Co-Chairman of the Commission on Security and Cooperation in Europe (U.S. Helsinki Commission), introduced legislation today urging the State Department to formally designate the Caucasus Emirate as a Foreign Terrorist Organization.

The State Department’s 2009 Country Reports on Terrorism is not expected to include the Caucasus Emirate in its list of Foreign Terrorist Organizations despite the group's recent attacks on the Moscow subway that killed at least 38 people and the fact the group is behind more than 60 acts of terrorism in Russia’s North Caucasus in the past three months and trained 20 suicide bombers in 2009.

“We have a policy of zero-tolerance towards terrorism of any kind directed against anyone anywhere in the world,” Hastings said. “The Caucasus Emirate cooperates with al-Qaeda and has declared jihad on the United States, Russia, the United Kingdom, and Israel. This organization is a threat to our national security and that of our allies. This resolution urges the Administration to officially acknowledge that reality.”

Shamil Basaev, who was the leader of the predecessor organization to the Caucasus Emirate until his assassination by Russian commandos in 2006, trained at an al-Qaeda camp in Khost, Afghanistan in 1994. The group’s Web site has included articles from an author connected to perpetrators of the 9/11 attacks and the 2009 Fort Hood, Texas shootings with rhetorical attacks on the United States calling for American Muslims to wage holy war against the United States.

“President Obama has made historic improvements in U.S.-Russian relations,” Hastings continued. “The United States and Russia must stand together in this ongoing struggle against violent fanatics. In this fight there is no room for double standards, we must be consistent."

Charles Crawford on Pope-gate, Cont'd...

Charles Crawford, Britain's former man in Warsaw, wants answers to some questions about the latest Foreign and Commonwealth Office anti-Papist memorandum:

The Heresiarch links to my thoughts on the FCO and its Popegate scandal, but wonders if I have it right - maybe the causes are ... even deeper:

It's easy enough to blame New Labour, with its love of targets and hatred of anything traditional or elitist, for this sort of tosh, but I suspect the Blair administration has been as much the symptom as the cause of it.

Other, profounder, causes have been at play: a loss of nerve on the part of the old elites, the complete ascendency of the media and the news cycle, a generalised and growing distrust of institutions - most powerful when internalised by those who themselves run those institutions - a truncation of attention-spans and an hysterical neophilia.

The best word for it is infantilisation. Britain, and probably most other western countries as well, is regressing to a state of toddlerism, or at best arrested adolescence.

I could not agree more.

See how the FCO is responding to this self-made disaster. By sending the offenders back to school:

The civil servant in charge of the Pope’s visit to Britain has been suspended and is to be investigated for misconduct after a memo lampooning the teachings of the Roman Catholic Church was leaked to the press.

All the staff involved in producing the memo are to be sent on “urgent diversity training” and will have nothing further to do with organising the visit of Pope Benedict XVI to Britain in September.

Please excuse me while I leave the desk to emit a high-pitched scream.

Goes offstage

eeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee

Returns

This is not a problem requiring 'diversity training', where the wretched victims sit listlessly staring out of the window, trying their best not to listen to some or other humourless harpy intoning on their need to 'respect' minorities and examine their 'unconscious prejudices'.

This is not a technical problem at all, capable of being sorted by some extra 'training'.

Indeed, the key problem is the very fact that the FCO apppears to think that lack of 'training' is the problem, and that more training is the answer.

Wrong!

It's all about structure and professional attitude.

What was happening across the organisation to create a culture and command structure in which a significant non-junior diplomat could produce and circulate around Whitehall such drivel? (Note: when the story broke I contacted the FCO myself and was assured that the offending officer was 'junior'. This was at the least highly misleading.)

Come on Fleet Street, ask the the FCO the right questions:

-who was Mr Noorani's line manager?
-what instructions were given to him and by whom?
-what internal expertise was being drawn upon to advise on the Pope's visit?
-why were these ideas circulated without HM Ambassador to the Vatican clearing them first?
-who is running this part of the FCO whelk stall?

Answers please, from people in the know.

The New Republic on Human Rights Watch's Jihad

Benjamin Birnbaum writes:

As [Robert] Bernstein and his allies saw it, Whitson and others in MENA consistently ignored the context of Israeli actions—context that might have created a more accurate picture. That was the overriding complaint in a letter Edith Everett wrote to HRW in June 2008, outlining her dissatisfaction with the way the organization was treating Israel. HRW had repeatedly called for Israel to lift its blockade of Hamas-controlled Gaza. Everett pointed out that “the original contravention of human rights lies with Hamas and these terrorist organizations and if they were to stop their unprovoked attacks on Israeli civilians there would be no restrictions on the flow of goods into Gaza.”

That month, Bernstein made a presentation at a meeting of the executive committee of HRW’s board. After asking HRW staffers to leave the room, he told the assembled something they already knew—that he had concerns about MENA’s Israel work—and something they did not: “I told them, from then on, they couldn’t assume that I would remain silent to the public.”

Ken Roth was absent from the meeting—his daughter was graduating from high school that day—but he was furious when he found out. He immediately e-mailed Bernstein’s son Bill, a classmate from Brown, lamenting how unfortunate he found it that a man who had spent his life championing human rights had become an apologist for Israel. He appealed to the younger Bernstein to intervene, warning that his father would do great harm to the organization and to his own reputation.

Not everyone at HRW, however, was eager to keep Bernstein in the fold. His persistent questions had become a never-ending source of annoyance to Whitson. “It just came to this point where we would have countless meetings with him explaining things over and over,” Whitson says. “And then, he would just ask the same question as if you’d never had the conversation before. And you’re like, ‘But did you actually read the report? Did you actually see what it said? Because it answers your question, and we’ve discussed this, like, eighteen times.’” Her attitude toward Bernstein’s threat was one of indifference. “You’re like, ‘OK, just go public and get it over with.’”

At the time, however, Bernstein was still unsure of himself. He had begun consulting prominent outsiders, among them just war philosopher Michael Walzer and Newsweek’s Fareed Zakaria, a friend of his son Tom. Zakaria spoke to Bernstein at length—first in a face-to-face meeting, then in a series of phone calls. Bernstein had already started putting his thoughts to paper—thousands of words’ worth—but felt he was getting nowhere and urged Zakaria to take up the cause instead. Zakaria demurred. “My advice to him,” Zakaria says, “was that, if he felt as strongly as he did, then he needed to speak out because the impact of the founder of Human Rights Watch talking about his disillusionment with the organization was going to be far greater than an outsider who had no historical association with the organization.”

Bernstein also raised some of his concerns with then-HRW board member Richard Goldstone, who would go on to write the U.N.’s much-maligned report on the Gaza war. There are few more reviled figures in Israel right now than Goldstone, but even he sympathized with Bernstein on certain points, such as the politicized nature of the U.N. Human Rights Council, which, after being created in 2006, had directed its first nine condemnations at Israel. In March 2008, barely a year before he accepted UNHRC’s mandate to investigate the Gaza war, he told Bernstein that he thought the body’s performance had been hopeless and expressed ambivalence as to whether HRW should continue appearing before it. He also agreed with Bernstein that Iranian President Mahmoud Ahmadinejad’s increasingly aggressive anti-Israel rhetoric, in combination with his threatening policies, was an issue worthy of HRW’s attention. Goldstone pushed Roth to address it, but to no avail. (When I asked Roth in a February interview at his office about HRW’s refusal to take a position on Ahmadinejad’s threats against Israel, including his famous call for Israel to be “wiped off the map,” Roth quibbled about the way the statement had been translated in the West—“there was a real question as to whether he actually said that”—then told me that it was not HRW’s place to render judgments on such rhetoric: “Let’s assume it is a military threat. We don’t take on governments’ military threats just as we don’t take on aggression, per se. We look at how they behave. So, we wouldn’t condemn a military threat just as we wouldn’t condemn an invasion—we would look at how the government wages the war.” Whitson, who sat in on the interview, offered her two cents: “You know, that statement was also matched by Hillary Clinton saying that the Iranian regime should be destroyed or wiped off the map. Again, so, very similar statements, side by side, close in time.” For his part, Goldstone told TNR that he eventually came around to the view this was not an issue HRW should take up.)

Bernstein was becoming steadily more frustrated—and two of his closest allies at the organization were soon on their way out. In early 2009, Whitson informed Steve Apkon that, if he wished to serve another term on the MENA advisory committee, he would be expected to make a contribution in the $10,000 range. Apkon was livid. He dashed off a sharply worded letter to advisory committee chair Shibley Telhami. “An organization that was founded to protect the most basic of human rights—freedom of speech—seeing it as the canary in the coal mine in regards to everything else, seems to have created within its own organization a disregard and intolerance for open dialogue,” he wrote. His membership was not renewed. (HRW denies that Apkon’s removal had anything to do with his criticisms, attributing it primarily to his failure to make an acceptable contribution.)

Shortly thereafter, Edith Everett was gone. At a MENA advisory committee meeting in March 2009, two months after the war in Gaza, she raised the subject of human shields with HRW senior military analyst Marc Garlasco, who was on hand to discuss the issues he and his fellow researchers were planning to write about: “I said, ‘I hope when you talk about the Palestinians in Gaza that you speak about their use of the population as human shields,’ and he was beginning to respond to that when Sarah Leah Whitson wouldn’t let him speak. She just put an end to that conversation. She said, ‘Well, in summation, I think we have to move on,’ or something, and I said, ‘This is ridiculous,’ you know?” Everett immediately tendered her resignation from both the HRW board and the MENA advisory committee.

At the end of that month, Bernstein sent a long e-mail to the board of HRW. “While I realize that HRW is doing a lot of valuable work, to me the mishandling of the Israel-Palestine situation is like a cancer,” he wrote. “After my twenty-one years as chair, I still care deeply about the direction of HRW, and my inability to bring change bothers me.”

NJ Court Rules Blogger Not "Journalist"

This summary is not available. Please click here to view the post.

PA Consulting Produced Joke Afghanistan Strategy Powerpoint

Clearly stated on page 31 of the Pentagon Powerpoint slide from "Dynamic Planning for COIN in Afghanistan" titled "Afghanistan Stability / COIN Dynamics" (p.22 of 31) mocked on page one of the New York Times is the author:

"© PA Knowledge Limited 2009."

Some questions:

1. Why is a contractor allowed to copyright a US government document paid for by taxpayers?

2. Who awarded this contract to PA Knowledge Limited?

3. How much was PA Knowledge Limited paid for this PowerPoint presentation?

4. Why wasn't PA Knowledge Limited mentioned in Elisabeth Bumiller's April 26, 2010 front-page NY Times story about the PowerPoint scandal?

Some interesting information from the PA Consulting website raise one more question about how this scandal originated:

1. PA Knowledge Limited is a subsidiary of PA Consulting--a British company:

Corporate headquaters
123 Buckingham Palace Road
London SW1W 9SR
United Kingdom
Tel: +44 20 7333 5865
Fax: +44 20 7333 5050

QUESTION: Why is US strategy in Afghanistan being interpreted for PowerPoint presentations for the Pentagon by a foreign (although allied) company? Isn't there anyone in the Pentagon who can do this without a contract? Contracting out your strategy is a sure loser--that's a no brainer...

Isn't there anyone in Congress who could hold a hearing? Obviously someone leaked this to the press for a reason. Perhaps PA Consulting should be held liable for the problems with America's Counterinsurgency Strategy in Afghanistan?

The PA Consulting website describes the contract but unfortunately doesn't disclose the amount of money US taxpayers have wasted to date on this contract:

Counterinsurgency and strategies for effective ‘whole of government’ approaches to influence unstable regions

Developing tailored causal maps of key drivers of stability in regions and countries of interest, drawing on a library of analyses of regions across the world, we help give senior decision makers and their teams a shared ‘big picture view’ and a more structured way to help inform options for intervention.

Time to call PA executives to testify before Congress about their responsibility for America's problems in Afghanistan--as Goldman, Sachs brass just did.

President Obama Visits Ottumwa, Iowa

According to the Ottumwa Courier, the President has just been in Ottumwa, Iowa.I was there at Thanksgiving with someone I know and a friend. It's an interesting town. Hometown to Edna Ferber, author of "Showboat". Site of "Meat Solutions" (a slaughterhouse). Industrial. Union. We had a "loose meat" sandwich at "Canteen Lunch in the Alley" and saw the beautiful mural of Chief Ottumwa over the bar in the Tom-Tom-Tap at the Hotel Ottumwa. Then watched a magnificent prairie sunset. Next time you find yourself in Iowa, follow the lead of President Obama...and drop by Ottumwa. Here's an excerpt from the Ottumwa Courier report:

President Barack Obama on Tuesday sought to bolster both health care and regulatory reform during a historic visit to Ottumwa, saying his administration wants to “restore a sense of security to the middle class.”

“Visits like this remind you that when you get out into the heartland and you talk to folks, there is a lot to learn from rural America,” Obama said to a packed house at the Hellyer Student Life Center on the Indian Hills Community College campus. “It’s towns like this that give America its heartbeat.”

After a warm welcome, Obama received a standing ovation for the passage of health care reform, emphasizing popular angles on the legislation, like putting an end to bans for pre-existing conditions and help for senior citizens. He touted the reform package as the single biggest deficit reduction action since the 1970s, though he admitted it will mean larger deficits in the short term.

A similar ovation followed comments on regulatory reform for business. Obama focused on responsibilities, trying to create a connection between obligations met by families and those failed by corporate and political America. He drew distinctions between the behavior of Americans who struggle to pay their debts and behave according to social norms and corporations who don’t bother to try.

“Even before this last crisis it felt like it was slipping away. Folks like you are living up to your responsibilities. People in Washington and Wall Street are not living up to theirs,” he said.

And here's the video of the President' Town Hall from the White House website:

What Did Billy Graham Say to President Obama?

According to Christian Web News, among other things, topics included Franklin Graham's blacklisting by the Pentagon...

President Obama made the short drive from Asheville, where he spent the weekend, to Montreat, to see the 91-year-old Graham and son Franklin, also an evangelist.

The visit only lasted about 30 minutes, and included aides and advisers to both men. Obama had a private prayer and conversation with Billy Graham. Graham gave two bibles to Obama, one for him, and the other for the first lady, Graham spokesman Larry Ross said, according to the Associated Press.

Obama was “extraordinarily gratified that he took the time to meet with him” White House spokesman Bill Burton said.

According to Franklin Graham, his dad and Obama's conversation was “very cordial, very nice.” He said, “When the president got ready to leave, the president prayed for my father, my father prayed for him.”

According to Graham, his father prayed for the nation and that God would give Obama wisdom in his decisions. Franklin Graham said in his prayer, the president thanked God for Billy Graham's life.

Franklin Graham said he and Obama talked for a short time about the Pentagon Prayer Service ordeal. Graham said that the activists with an agenda were trying to pull all religion out of the military.

Franklin Graham said, “I wanted to make him aware of that. He said he would look into to it.”

BTW, I couldn't find an account--or a photo--on the White House website (but maybe I missed something).

General Jones' "Macaca" Moment of Truth...

I saw this video on YouTube yesterday, and was willing to give General Jones the benefit of the doubt. It is an old joke, one I had read years ago in a joke book. Not the worst joke ever, and possibly not even intended in a bad way...But, now that General Jones has apologized, it unfortunately needs to be taken a little more seriously--by the Israeli government, if not by the American Jewish community. If he has apologized, then General Jones has admitted that his intent was not, in fact, innocent. It was a reflection of a deeper bias against, prejudice towards, and even contempt for Jews and Israel (he mentioned Israel explicitly in the joke). If he had said, "No apology necessary, no offense was intended," it would have been different.

IMHO, Israel should issue a diplomatic protest against General Jones, asap. The Israelis need to ask for another National Security Adviser, who has not demonstrated such insensitivity, if nothing else. The American Jewish community, likewise, needs to formally protest and ask for a new National Security Adviser in the interest of the United States--where no group of citizens of any religion should be singled out for humiliation at the hands of a government official (especially a top Presidential adviser). Imagine what would have happened if General Jones had joked about Muslims, and use that as a single standard for judging behavior.

General Jones may have started with a banal joke, but if his apology isn't evidence of intentional defamation against Jews, I don't know what is... And if not stopped now, who knows where this might end, especially given recent demonization of Israel by General Petraeus and the Obama administration?

It's a "Macaca" moment of truth for General Jones, as former Virginia Governor George Allen might tell him...

UPDATE: I've received this response from the Anti-Defamation League Media Relations Department to my inquiry about their reaction:

(ADL Media )
Mr. Foxman’s reaction to Gen Jones’ joke as cited below in the ABC blog was widely reported in the media.

ADL has accepted Jones’ apology

http://blogs.abcnews.com/politicalpunch/2010/04/antidefamation-league-national-security-adviser-jones-told-inappropriate-stereotypic-joke-about-jewi.html

Home > Politics > Political Punch
Political Punch
Power, pop, and probings from ABC News Senior White House Correspondent Jake Tapper

Anti-Defamation League: National Security Adviser Jones Told “Inappropriate, Stereotypic” Joke About Jewish Merchant
April 26, 2010 11:19 AM

While many in the largely Jewish audience laughed, others didn’t find it so funny, including Abraham Foxman, national director of the Anti-Defamation League of B’nai B’rith.

“It's inappropriate,” Foxman told ABC News. “it's stereotypic. Some people believe they need to start a speech with a joke; this was about the worst kind of joke the head of the National Security Council could have told.”

“To make fun of Jews in terms of ‘Jews won’t help you in need, Jews want to sell to you?’ Whoa!” Foxman says. “Where's the sensitivity? The irony of it is General Jones went to this forum to reach out to the Jewish community. Of all the jokes this is probably the worst one he could have picked.”

National Security Adviser Gen. James Jones has apologized for his offensive joke. Abe Foxman and the Anti-Defamation League have accepted his apology.

Statement from General Jones about the joke he told during his remarks at the Washington Institute for Near East Policy
“I wish that I had not made this off the cuff joke at the top of my remarks, and I apologize to anyone who was offended by it. It also distracted from the larger message I carried that day: that the United States commitment to Israel’s security is sacrosanct.” – General Jim Jones, National Security Advisor

P.S. I prefer Barry Rubin's analysis, here:

I could talk about more but let me focus on two that I think are inescapable and have policy consequences. It is interesting to note that both aspects relate to changes Jones made in the way the joke has been told by Jews.

First, the story is set in Afghanistan. Why there of all places where there have never been any Jews and there is only one in the whole country today? When it has appeared onJewish sites, the joke was set in the Sahara Desert. Note also Jones insisted--part of the joke but also revealing--that it was based on a "true" story.

Well, Afghanistan is the main theatre of operations for the U.S. military, especially if one takes into account future plans. So it shows that even in Afghanistan, there are people obsessed with theIsrael -Palestinian conflict. (That's not true by the way.) The idea that the conflict is the central issue in the world determining everything has become a theme of ObamaAdministration foreign policy. True, it is a Hamas guy and not a Taliban guy. Yet one cannot help but make the connection.

Second, instead of an individual Jew, the focus of the story is switched to Israel by making it a Hamas guy, putting in references to Israel, and making an Afghan Jew describe Israel as "my country."

The Jew, now made into a representative of Israel--in effect--rather than a generic Jew, seeks to charge (presumably overcharge) for letting the Hamas guy in to get what he needs. Indeed,Israel does demand an admissions' fee into peace for Hamas and also the Palestinian Authority: that they must show they are serious about peace as well as make compromises.

The tendency of the current U.S. government and of Europe is-and I don't want to overstate this-to say that such a barrier is unnecessary. End the sanctions on the Gaza Strip, they say, let Hamas into the talks (I'm not saying the Obamaadministration endorses this idea), give the PA a state. Then everything will be okay and peace will prevail.

The adaptation of this into the joke is to let the Hamas guy in without a tie and trust him to pay at the end of the meal. Indeed, that if you do so he will stop cursingIsrael and want to be friends. After all, most restaurants today have given up their tie and jacket requirement.

Now here's the joke I'll tell when they ask me to speak at the National Security Council:

An Israeli is walking through a dangerous desert, beset by enemies on every side. He comes upon an American general who is national security advisor. "Please help me," says the Israeli, "I'm out of ammunition."

"I'd love to help you," says the general, "but I can only sell you a tie. It's because I'm helping you that they are all out to get me!"

"No thanks on the tie," says the Israeli, "I'd rather have your support as an ally against those antisemitic, anti-American totalitarian forces which are out to destroy you any way."

Apple iPhone Search Raises Question: Are Bloggers Journalists?

If so, Gizmodo argues, bloggers such as Jason Chen are protected by California's journalism shield law:

Police Seize Jason Chen's Computers
Last Friday night, California's Rapid Enforcement Allied Computer Team entered editor Jason Chen's home without him present, seizing four computers and two servers. They did so using a warrant by Judge of Superior Court of San Mateo. According to Gaby Darbyshire, COO of Gawker Media LLC, the search warrant to remove these computers was invalid under section 1524(g) of the California Penal Code.

IMHO, the language in the code, "or other periodical publication," ought to cover blogs and bloggers. The clear definition of the word publication is to make something public--not to print on paper. See Wikipedia's definition:

"To publish is to make content publicly known. The term is most frequently applied to the distribution of text or images on paper, or to the placing of content on a website."

Yet, copyright law does not reflect this fact, according to Ray Ming:

RayMing Chang, Publication Does Not Really Mean Publication: The Need to Amend the Definition of Publication in the Copyright Act, 33 AM. INTELL. PROP. L. ASS'N Q.J. 225: This article analyzes the definition of publication in the U.S. Copyright Act of 1976 and finds strong support for the proposition that electronic dissemination (e.g., "Internet publishing") of works does not result in publication under American copyright law. This article argues that the definition of publication needs to be amended to explicitly include electronic dissemination.

The Apple case presents a chance for the courts to weigh in on the status of blogs and bloggers...

Charles Crawford on the British Foreign Office's "Pope Memo"

Read it here:

So the point is that this sort of crass behaviour did not arise incidentally or through a fleeting engorging of poor Steven Mulvain's post-adolescent imagination lobes.

It took place in a professional context deliberately engineered by New Labour in which professional standards - and the very idea of standards - are 'relativised'. Where FCO new entrants are harangued about Climate Change and Outreach to Islam but not taught the basic professional values.

One in which Judgement is cast aside in favour of Delivering Results and Personal Impact.

The problem, see, is that if you emulate Mr Mulvain and Deliver Results and achieve Personal Impact without Judgement, you can screw up on a vast scale.

Memo to Next Government:

Haul me quickly back to the FCO to sort all this out.

A dirty job, but someone has to do it.

Ross Douthat on the Significance of South Park

From the New York Times:

Across 14 on-air years, there’s no icon “South Park” hasn’t trampled, no vein of shock-comedy (sexual, scatalogical, blasphemous) it hasn’t mined. In a less jaded era, its creators would have been the rightful heirs of Oscar Wilde or Lenny Bruce — taking frequent risks to fillet the culture’s sacred cows.

In ours, though, even Parker’s and Stone’s wildest outrages often just blur into the scenery. In a country where the latest hit movie, “Kick-Ass,” features an 11-year-old girl spitting obscenities and gutting bad guys while dressed in pedophile-bait outfits, there isn’t much room for real transgression. Our culture has few taboos that can’t be violated, and our establishment has largely given up on setting standards in the first place.

Except where Islam is concerned. There, the standards are established under threat of violence, and accepted out of a mix of self-preservation and self-loathing.

This is what decadence looks like: a frantic coarseness that “bravely” trashes its own values and traditions, and then knuckles under swiftly to totalitarianism and brute force.

Happily, today’s would-be totalitarians are probably too marginal to take full advantage. This isn’t Weimar Germany, and Islam’s radical fringe is still a fringe, rather than an existential enemy.

For that, we should be grateful. Because if a violent fringe is capable of inspiring so much cowardice and self-censorship, it suggests that there’s enough rot in our institutions that a stronger foe might be able to bring them crashing down.

Lang Lang's iPad Recital

(ht HuffingtonPost)

Click Here for Live Volcano Footage From Iceland

Simon Johnson: Break Up the Banks!

(ht Huffington Post)

How Volcanic Ash Shuts Down Jet Engines

Arianna Huffington on SEC v Goldman, Sachs

Arianna, who has a pretty good head for business herself, says Wall Street has "shorted" America's Middle Class:

After reading the details of the SEC's filing against Goldman Sachs, it's hard not to come away thinking: "Why would anyone ever do business with that firm again?" Likewise, after even a cursory examination of the treatment of the American middle class by the Wall Street/Washington class over the past few decades, one should also wonder why anyone would ever do business with that crowd again. And yet, there they are, still running things at the Treasury, the Fed, and the National Economic Council.

The urgent need for the reorganization of our financial system goes far beyond the upcoming debate on new financial regulations. And it goes far beyond the media's right versus left framing. It's a question about the future of our country, and whether we are going to stop the slide toward a Third World system in which there are just two classes: those at the bottom and those at the top.

A lot of people at the top of the economic food chain have done very well shorting the middle class. But the losers in those bets weren't Goldman Sachs investors -- they were millions of hard working Americans who had heard the pitch and bought into the American Dream, only to find it had been replaced by a sophisticated scam.

Bring Back Transatlantic Steamers...

That's what a friend of mine suggested to me today, to solve the air traffic shutdown caused by the eruption of the Icelandic volcano Eyjafjallajokull.

The old Queen Mary used to take one from NYC to England in 5 days. And the new Queen Mary 2 is still in business for Cunard Lines.

My own recommendation--zeppelins!

Huffington Post-1, Goldman Sachs-0

Today's Huffington Post appears to be chock full of the Goldman Sachs Fraud Charges Story....

Iceland's Uzbek Connection...

The volcanic eruption dominating the news today reminded me that Iceland's First Lady, Dorrit Moussaieff, comes from a prominent Bukharian Jewish family that traces its roots to the dyer of Ghengis Khan's robes. Here's an excerpt from a February, 2009 profile in the Times of London:

...That is because the Icelandic first lady comes in the zippy form of Dorrit Moussaieff. She is sitting in the splendid drawing room of her Belgravia apartment, which is panelled with wood and decorated with porcelain and paintings by Toulouse-Lautrec and the preRaphaelites. At 59, dripping in jewels and with her nut-brown hair freshly blow-dried by Nicky Clarke himself, she looks closer to 35.

Her husband’s entire government may have just resigned but she seems unruffled by the political turmoil. “He is currently attending to an entirely new administration,” she acknowledges. So why did he not resign, then? “Nobody asked him to. More champagne?”

I accept a glass of bubbly, mixed with pomegranate juice. Five minutes later she is suggesting we go to an art opening at “Charlie Saatchi’s”, inviting me to dinner and urging me to bring my four children to Iceland in half-term. Although she doesn’t take a glass herself, she clearly cares not one jot that the comparisons to Marie Antoinette are starting to loom dangerously large.

She is wearing a selection of goodies that are almost as opulent as the room. Apart from the diamond cubes in her ears, one of her (three) diamond necklaces is set with a dark-green antique mogul emerald as big as a matchbox. Of the necklace itself, she is briskly dismissive. “The diamonds are insignificant,” she comments. “What’s significant is the emerald.”

A scion of the Israeli Moussaieff jewellery dynasty, born in Israel, she came to London at the age of 13 with her parents.

She followed her father into the family business and was, in her jewellery-selling heyday, rumoured to be earning a seven-figure salary. She had been a fixture on London’s party circuit for years before she met Iceland’s president, Olafur Ragnur Grimsson, in 1999 at a lunch party in South Kensington; four years later they were married. Moussaieff has now taken the Icelandic cause to her bosom, splitting her time between Reykjavik and the splendour of her London apartment. She’ll bang Iceland’s drum all right, but not in sackcloth and ashes.