New Jersey Gov. Chris Christie has decided to fill a budget shortfall with, of course, state worker pension money, and David Sirota reminds us that the "liberal" media has pretended that's Mr. Christie's only possible option. Many of the other options require a TARDIS, unfortunately -- like going back in time and not giving $1.5 billion in welfare handouts to corporations, or going back in time and not investing state pension funds in hedge funds, which (surprise!) turned out to pay less than the median pension fund got. But maybe the "liberal" media should pretend there are more options when Governors like Chris Christie do dumb crap to begin with? (And just think of what Scott Walker will take hostage when his half-million-dollar tax cut package blows a hole in Wisconsin's budget.)
NBC starts a series called "Meeting America," and FAIR responds that it must mean "meeting white, Republican America." It is peculiar that NBC has just so happened to find Americans on its travels who just so happen to sound almost exactly like idiotic cable news pundits do -- especially since, as I know from personal experience, you can find plenty of white folks who do not sound anything like Republicans when they talk about politics.
Also, for the umpteenth time, household debt did not cause the Great Recession, any more than Fannie Mae or Freddie Mac or the Community Reinvestment Act did. Two economists argue not only that privately-backed mortgage securities caused the Great Recession, but that these securities spread the risk of failure mainly to low-income and minority mortgage-payers, and that these same households also cut back their consumer spending, which inflicted even more damage on the economy.
Amazon battles publishing house Hachette (and other houses) by temporarily "disappearing" their books from its website (via delaying shipments) until they cough up more cash. Amazon does this because they can, but also because their own profit margin is, as it often has been, rather smaller than you'd expect from a corporation so powerful. But James Patterson, probably the best-selling novelist of the new millenium, opposes Amazon in this matter, and that's no small thing.
Judge overseeing first John Doe probe into aides of then-Milwaukee County Executive (and now Wisconsin Governor) Scott Walker rules that county public records seized during the probe should be returned to the county, which means that the current Milwaukee County executive can comply with open-records requests, as will undoubtedly be filed by the Journal-Sentinel. Previous releases of John Doe-related records told horrifying stories -- the dead teenager killed by falling parking deck concrete no less so than all the casual racism in Mr. Walker's staff's emails -- but somehow I doubt we'll hear any more in time to deny Mr. Walker his second coronation.
Finally, a sitting Florida Congressman gets caught on tape suggesting that maybe only property owners should vote, just like in the "good old days" when women and blacks couldn't vote, either. If the last six years have taught us anything, it's that the amount of property you have has absolutely no bearing on how smart you are, or how well you can run things. After all, who has more property than the banksters, who screwed everything up?