<![CDATA[Jezebel: chris cox]]> http://tags.gawker.com/assets/base/img/thumbs140x140/jezebel.com.png <![CDATA[Jezebel: chris cox]]> http://jezebel.com/tag/chriscox http://jezebel.com/tag/chriscox <![CDATA[And A Crappy Christmas To All, And To All A Good Morning]]> Christmas is almost here, and Spencer Ackerman and I know that some among you probably aren't done shopping yet. We've got some ideas from dolls to pardons, in between musings about Cheney and Cox [sic].

MEGAN: It is very rare that the news is so full of crap as today, which is why I guess they call Fridays "news dumps." That said, I believe Obama's dump of his advisers' Blago contacts is best represented by this doll which portrays him taking a physical dump. I love this doll. I want one so bad that I actually mentally scrolled through everyone I had ever met — including in Spain in 1995 — to think if there was anyone I could get to buy me one.

SPENCER: Can you summarize the Blago stuff for me? I don't want to read it. Like I really don't care.

MEGAN: Rahm Emanuel called him twice pro forma and everyone is as clean as a whistle. The end. Duh.

SPENCER: I see that even this Weekly Standard writer says, "Yep, not raising any flags for me, either. Now, everybody go on vacation." So is this actually the end or will it go on endlessly like Whitewater?

MEGAN: It will go on endlessly like Whitewater, no doubt. I'm just waiting for someone's cats to disappear or Michelle Obama to be accused of faking someone's suicide. I cannot believe you are ignoring the pooping Obama doll. In other crap, Karl Rove thinks Joe Biden is trying to consolidate power too much. I mean, I just mention it because it seemed like you might need a good laugh. We can stop laughing when Joe Biden gets a man safe, a secret bunker from which he can practice his necromancy and begins to age in reverse, but until then...

SPENCER: Maybe it's because it's Christmas but I can't bring myself to care about a pooping Obama doll. Also can we stop using the word "pooping." What happened to respectable slang terms like "shitting"? "Poop" sounds like something you coo to a baby. It's not like you can't curse on this blog

MEGAN: Shit smells. This is plastic. Ergo, in my mind, it is poop. These things are very strictly delineated in my mind. Also, my parents are walking in and out of the room, so I am apparently unconsciously self-censoring like I did in high school.

SPENCER: What's beautiful about that Rove quote, aside from the hypocrisy — which is pro forma at this point — is his bald assertion that he knows what Biden and Obama talk about. Hilarious. I can't wait for this asshole's book.

MEGAN: I believe we can say "Until he shits out his book," because, man, that's going to reek.

SPENCER: Also, did you catch Jason Linkins' Twitter-meltdown last night? WTF

MEGAN: I will admit something right now that likely makes me a bad friend to Jason. I follow him online but no longer get updates to my phone since he started Twittering football.

SPENCER: Oh I took him off my phone long ago. I have a zero-tolerance policy for over-twitterers.

MEGAN: To make up for that embarrassing admission, I will post what he would have said last Friday had circumstances preventing us from doing Crappy Hour:

Since circumstance robbed us of our Friday Crappy Houring, I wasn't able to say something that I wanted, which was what a highlight of the year it was for me to participate in Crappy Hour, and to thank the jezebel community for their many kindnesses. It was a real honor and a privilege.

SPENCER: And in fairness, I think I might have been live-tweeting that particular Redskins game with him and Greg Greene and Amanda Mattos. AWWWWWW I would say the same thing, but I'm not gay. :)

MEGAN: Aw, you guys.

SPENCER: OK so now to discuss Chris Cox?

MEGAN: Oh, fuck yeah.

SPENCER:

Christopher Cox, the embattled chairman of the Securities and Exchange Commission, is defending his restrained approach to the financial crisis, saying he has provided steady leadership as Wall Street's main regulator at a time when other federal regulators have responded precipitously to upheaval in the markets.

This is a great quote:

"What we have done in this current turmoil is stay calm, which has been our greatest contribution — not being impulsive, not changing the rules willy-nilly, but going through a very professional and orderly process that takes into account unintended consequences and gives ample notice to market participants."

Like watching every investment bank it oversees self-destruct?

MEGAN: But that's not his job!!

"The public might not understand that that wasn't the SEC's job," he said, adding that the agency was not responsible for preventing investment banks from collapsing but rather for sheltering their securities trading units from problems in the broader corporation. "The SEC is not a safety and soundness regulator," he said.

I also like this part:

Cox said the biggest mistake of his tenure was agreeing in September to an extraordinary three-week ban on short selling of financial company stocks. But in publicly acknowledging for the first time that this ban was not productive, Cox said he had been under intense pressure from Treasury Secretary Henry M. Paulson Jr. and Fed Chairman Ben S. Bernanke to take this action and did so reluctantly. They "were of the view that if we did not act and act at that instant, these financial institutions could fail as a result and there would be nothing left to save," Cox said.

Um, hey, asshole? There's a reason why you got a 5-year term instead of a political appointment: so you wouldn't cave to political pressure to do stuff you know if bad.

SPENCER: No one can resist Hank Paulson. That's how you got those hickeys. What would Dennis Prager say?

MEGAN: Dennis Prager would say that Chrissy Cox should just lie down and spread her legs even if she's not in the mood! Which is apparently what Cox did!

It became the agency's responsibility to monitor them for financial and operational weaknesses under a program set up before Cox's tenure, but under his watch they got into such trouble that today they no longer exist as investment banks. Bear Stearns and Lehman Brothers failed, Merrill Lynch had to be taken over, and Goldman Sachs and Morgan Stanley converted themselves into bank holding companies.

The March collapse of Bear Stearns illustrated an array of agency shortcomings, according to a review by the SEC's inspector general. He concluded that agency officials had been aware of "numerous potential red flags" at Bear Stearns "but did not take actions to limit these risk factors."

"It is undisputable," the inspector general concluded, that the "program failed to carry out its mission in its oversight of Bear Stearns."

SPENCER: That's how Cox thought the country needed to show the markets it loved them

MEGAN: I mean, the problem is that Cox was kind of a slut, he'd just spread 'em for anyone.

Treasury and Fed officials viewed Cox and his staff as nonplayers who had failed to foresee the brewing problems, according to people who were involved in those efforts but spoke on condition of anonymity because of the sensitivity of the matter. They said Cox was often brought in for consultation only after major decisions had been made by Treasury and Fed officials.

Let's just say it: Bush nominated a random conservative Congressman from New Jersey to head the SEC because he didn't want anyone there who was particularly smart, engaged, knowledgeable or into regulating jackshit, and Cox fit the bill because he was a reflexive deregulator. And would get confirmed easily because Congress rarely fails to confirm its own.

SPENCER: Since I am not qualified to talk about what actually happened in the financial crisis I want to remind everyone that Chris Cox has been a conservative darling forever. Here's the American Spectator on who should be McCain's running mate:

Chris Cox: The best choice, bar none. This thoughtful and reform-minded chairman of the Securities and Exchange Commission made his name for 16 years as the brainiest and perhaps most principled Reaganite conservative in Congress, as well as one of the best on TV.

MEGAN: I needed a good laugh, thanks. "Reform-minded," meaning, "let's get government out of the way of the markets so they can run the universe and make everything sunshine and rainbows!!"

SPENCER: Here's another such column. And here's Lisa Schiffren of NRO who needs no Prageresque advice when it comes to Cox:

Chris Cox is fabulous. He should be president. The only negative — alas, a big one — is that he has never managed to generate real excitement, even when running what should have been sexy hearings on big issues. He is obviously very smart, and a true policy wonk — the sort of guy who usually runs big, serious, difficult government institutions or departments. Is he a vote getter?

So at least that's fairminded!

MEGAN: "Sexy hearings on big issues?" Because the American public loves a wonk, and particularly the Republican American public. The last eight years have completely proved that. Speaking of, the red states are about to get more Congress members in 2011. California, New York, Massachusetts, New Jersey, Florida and Pennsylvania are gonna lose. Which means: vote in your state elections next year and in 2010!!

SPENCER: Oh beautiful. This will bolster the arguments of all conservatives who don't see themselves leading the GOP into regional-party marginality to push the party rightward. And here I was thinking Afghanistan will doom the Obama administration.

MEGAN: And I was all excited that a judge ordered the release of 4 Gitmo detainees and The Europeans might be willing to accept some Gitmo detainees in resettlements deals. But we should end on a high note. Of the people Bush pardoned for Christmas, one was Charlie Winters, posthumously.

Mr. Winters was among a group of several hundred Americans and Canadians referred to by the Israelis by the Hebrew acronym of “machal,” or “volunteers from outside Israel.” They secretly helped in Israel’s war of independence in 1948, a year after its creation as a Jewish state.

He was an Irish-Catholic from Boston, and never said a word about it to his son. He was also the only one who did any prison time for it.

SPENCER: Yeah I have to give Bush credit for that. Dayenu. What a merry Jewish Christmas.

A very heartfelt thanks to Esquire's James Folta for the news (and picture) of the squatting Obama doll

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<![CDATA[Sarah Palin's Wardrobe, The Universe Completely Crazy]]> The end of the week is a time to sit and digest the insanity that the week has spawned. More news on Sarah Palin's style? Check. Canadian Parliamentary crisis? Check. A Supreme Court case on Barack Obama's birth certificate? Yup, got that, too. Between all of that, plus calls for Robert Mugabe to resign, Tim Geithner to pull his head out of his (possibly sexist) ass, and Andrew Cuomo not caring about black people, it's damn lucky that I have Racialicious' Latoya Peterson along on this ride to Crazytown (not nearly as awesome as Funkytown, by the way).

LATOYA: Where do you want to start this morning? We've got a piping hot plate of hot mess to go through.

MEGAN: Well, being as this is a women's blog, we should do something woman-y, and I nominate the news that the McCain campaign spent $110,000 on hair and make-up for Sarah Palin in 10 weeks and $180,000 on clothing and accessories for the Palin clan — which is $30,000 more than initially reported.

LATOYA: Oh, I forgot to tell you.

MEGAN: That, by the way, means they spent more on hair and make-up and clothing and accessories than my condo is worth.

LATOYA: I have personally instituted a ban on discussing anything to do with Palin. As far as I am concerned, she is irrelevant. If she manages a resurrection and comes back to haunt us in 2012, so be it.

MEGAN: What are you going to do when she opens up an exploratory committee in 2010?

LATOYA: But until then, I'd love to see her fade into obscurity. She should be remembered, fondly, like Ross Perot.

MEGAN: Ok, but can we discuss that kind of money?

LATOYA: Thanks for the memories of shout outs at VP debates, but you need to mosey along now. Take your folksy ways and return to the ice cave. I mean, we can discuss the money. But somehow, I can't muster up indignant outrage.

MEGAN: Like, I will guarantee that there's no way on God's green earth that I have spent $110,000 on hair and make-up in my lifetime, even though I've been highlighting my hair for about 6 years.

LATOYA: Maybe if I had bought that whole "salt of the earth, of the white people, heartland of real America" tripe they were selling. Homegirl was just an opportunist. Cindy McCain was rocking nice clothes — why shouldn't she?

MEGAN: Totally. Look, if RNC donors want to give me $180,000 in clothes, I will totally run for office as a Republican. They can even call me A Maverick over and over again because of my support of reproductive choice.

LATOYA: And it's obvious they had the money. If the first card maxed out and they let her keep going, I say get what you get. Credit Cards come with limits.

MEGAN: But Republican money never ends!

LATOYA: That's why they're Republicans. They're supposed to have money, want to keep money, spend their money the way they want, and tell the gov't to mind their damn business. That's what I expect from Republicans. It's comforting that way.

MEGAN: Yeah, I get that. So, moving on, want to talk about NOW and the Feminist Majority Foundation going metaphorical balls to the wall to promote Congresswoman Carolyn McCarthy for Clinton's Senate seat?

LATOYA: Why not? Obviously, the dice are lucky.

MEGAN: Because I don't like the idea that a woman's seat ought to be filled by a woman, but McCarthy does have an established record on women's rights issues and is generally cool. But, mostly, I wish to continue pressing the point that Attorney General Andrew Cuomo is an unmitigated casual racist not deserving of elected office but certainly not deserving of an appointment to a lifetime Senate seat by David Paterson, the state's first African-American governor.

LATOYA: Hmm, well, I am not so sure about Cuomo. Then again, I'm only thinking about his record at HUD.

MEGAN: Well, then, there's a question. If you have a good record of doing decent things for the community as a whole while tossing around the phrase "shucking and jiving" in reference to an African-American candidate for the Presidency, followed by a steadfast insistence that it is actually not a racist term after the world notices that you said it, what should a politically active person do? Because I choose to call him a racist and think that he should go fuck himself.

LATOYA: Oh, I wasn't sure about the appointment, not your comment on casual racism. I think his HUD record proves he doesn't care about black people.

MEGAN: Then, yeah, fuck that guy.

LATOYA: But back to the original point, I understand what you're saying about not wanting to do this tit for tat seating thing. But I can understand where NOW is coming from, especially with the whispers of sexism around this bailout committee.

Frank credited the current resistance to doing more about foreclosures to ruffled male feathers. “I think part of the problem now is that, to be honest, Shelia Bair has annoyed the Old Boys Club.” He likened the situation to several regulators “up in the treehouse with a ‘No Girls Allowed’ sign.”

MEGAN: I know! I could not believe that shit when I heard it from Moe. I was like, wait, the new Democratic Treasury Secretary is mad about the (technically independent) FDIC chair telling Bush to go fuck himself while she's trying to save Real Americans?

LATOYA: Pretty much. Just call it the "Fuck that bitch" doctrine. She is showing people up so she has got to go.

MEGAN: Also, I think saying that she has to go is akin to when McCain said he would fire Chris Cox at the SEC. I mean, it's their fucking government, you think they could learn who is supposed to be independent — and therefore given a term — and who is supposed to be a sycophant. Tim Geithner either needs to say a bunch more stupid shit so Obama withdraws his name, or get his head screwed on straight. Yo, Tim, you can throw all the money you want at Wall Street and get them to lower interest rates, but if no one has a fucking house in 2 years, the economy is still going to be fucked, and that's what Sheila Bair is trying to prevent, you dumb cunt.

LATOYA: I think prevention is a dirty word to some people. Kind of reminds them of socialism.

MEGAN: But the Republicans promised that we were electing a dirty socialist! They promised!

LATOYA: The Republicans are promising a lot of stuff, but one hand doesn't know what the other hand is doing. Like this rift between the religious right and the ...um...regular right.

MEGAN: This part is kind of awesome.

Ponnuru acknowledges that social conservatives “could present themselves more attractively,” and “pick their spokesmen more wisely.”

No, asshole, at the end of the day, you're still advocating for a fucking theocracy and I am gonna notice no matter how much you pay for Sarah Palin's stylists.

LATOYA: She even used the term Oogedy-Boodgey.

First, to the origins. “Oogedy-boogedy” was bequeathed to me several years ago by my dear, departed friend, political cartoonist Doug Marlette. We were doubtless talking about our shared Southern heritage, about which one does not speak long without mentioning religion.

And, you betcha, oogedy-boogedy.

Marlette, whose childhood was spent among Pentecostals, Baptists, and other passionate believers, had religion in his bones and forgot more scripture than most preachers can recall on a given Sunday. He also won a Pulitzer Prize for his lampooning of Jim and Tammy Faye Bakker (peace be upon them) and their “PTL Club.”

If Jim and Tammy Faye put you in mind of oogedy-boogedy, you’re getting warm.

Now, I'm going to be saying Oogedy Boogedy all day.

MEGAN: And, Republican dudes, if you can't figure out what it means, I don't think you get to call me an Un-Real American anymore.

LATOYA: Rick Warren, talking about capping foreign leaders because the bible says so? Oogedy Boogedy!

MEGAN: Also, how is the world not fucking scared of that shit? Spencer said it best: if it was a Muslim preacher saying on national TV abroad that the Koran says they need to suicide bomb us, we would be flipping the fuck out. But a white guy? No, that's cool.

LATOYA: Selective memory. Side effect of the oogedy boogedy.

MEGAN: So, is the oogedy-boogedy something you catch from the Bible, or from other Jeebus-freaks?

LATOYA: Apparently, the bible is OK. It's the freak part that leads to the oogedy boogedy. There have been other strange happenings as well, outside of religion. Like Michelle Malkin talking sense.

MEGAN: Michelle Malkin has been talking some sense on and off again all year and it is sort of freaking me the fuck out in general.

LATOYA: She's done this a couple times before. I'm always kind of shocked, because I can't reconcile a sensible column with the author of "In Defense of Internment." I don't know whether to read or avoid. On her worst days, she makes me want to put my eyes out, Oedipus style, so I do not have to see what senselessness has wrought. But on other days, I wonder if I should move her and Kathleen Parker into regular rotation.

MEGAN: Is it terribly condescending to think that Malkin grew up a little? That after wallowing around in all that scary, informed-only-by-fear filth she sort of looked around at her compatriots, commenters and ass-kissers and thought to herself, damn, these people are crazy?

LATOYA: Then again, we both now she is one "banana cream pie"column (that link is NSFW) away from being in they "why did I ever think we could hang" category. And speaking of even more crazy shit — do you know they are trying to challenge Obama's citizenship?

MEGAN: I am hoping the problem is not just that other wannabe columnists have not decided to out-Malkin Malkin by being crazier, thus making her seem less insane in the process. Yeah, dude, that is some crazytown fucking shit. There are suits claiming the birth certificate is fake, and others claiming that because his father wasn't American, he doesn't qualify.

LATOYA: Remember that Colbert Report segment on Obama going to this crazy foreign nation of Hawaii? Yeah, someone must have forgotten the Colbert Report isn't real news.

MEGAN: Dude! If only! Actually, they are claiming that his mother actually gave birth to him in Kenya but faked that it happened in Hawai'i.

LATOYA: I mean, damn, the birth certificate is online. Hawaii published a column announcing it. WTF?

MEGAN: In this alterna-universe, claiming Hawai'i doesn't count is actually less cray-cray than what they are really claiming. They claim that all that stuff has been faked, as though he's an actual Manchurian candidate.

LATOYA: Oh wait, are you talking about that guy who is suing "the "Peoples Association of Human, Animals Conceived God/s and Religions, John McCain (and) USA Govt." The plaintiff previously sought to sue Wikipedia and "All News Media." Or is he just some fresh crazy? And Clarence Thomas picked up this lawsuit, to presumably dismiss it, which is making blogger like Karynthia get pissed off for having to defend him.

MEGAN: Dude, Alan Keyes filed one of the lawsuits. There are multiple strains of crazy at work.

LATOYA: I expected that. Do you want to talk about terrorism crazy now, or international government crazy?

MEGAN: Oh, it's so hard to decide. I was going to say that we should read what the nanny of the Jewish toddler said about rescuing him because it's sort of awesome in a We-Are-The-World kind of way that transcends race, but we can stick with crazy.

"First thing is that a baby is very important for me and this baby is something very precious to me and that's what made me just not think anything — just pick up the baby and run," Samuel said.

"When I hear gunshot, it's not one or 20. It's like a hundred gunshots," she added. "Even I'm a mother of two children so I just pick up the baby and run. Does anyone think of dying at the moment when there's a small, precious baby?"

LATOYA: I applaud that woman. I am also giving a half-hearted applause to Condi for calling out Mugabe and his general douchbagginess toward his people. The applause is half hearted because we only selectively seek to remove dictators that are screwing with us. Or, rather, standing in the way of something we want.

MEGAN: Right, although, if we're giving Condi a golf clap, we probably have to shout out Raila Odinga, the Kenyan PM, who sorta beat her to the punch on that.

LATOYA: He gets full applause.

MEGAN: I mean, Odinga even beat South African President Kgalema Motlanthe, who probably could have done it as his first act in office or something.

LATOYA: Meanwhile, our neighbors to the South have crazy drug war drama and our neighbors to the North have crazy Parliament drama. Is it just me, or are global current events starting to read like The Days of Our Lives?

MEGAN: OMG, Latoya, seriously, I used to watch Days of Our Lives sort of obsessively. And by sort of obsessively, I mean, once upon a time I stood in line at the mall to get an autography from and picture with Matthew Ashford. That I still have.

LATOYA: And your verdict is?

MEGAN: Days of Our Lives once featured a plot line in which Marlena, possessed by the actual devil wreaked havoc on Salem. I think it's a valid comparison to world events.

LATOYA: Hahahahahahahha — true! I'm about to go get some breakfast (Mocha Hut!) but I did want to leave with this gem. The ignored truth about Iraq is contained in an old ass booklet.

Republished in 2008 by Dark Horse Publications, the tiny booklet for troops heading to protect the Persian Gulf’s oilfields and supply routes is a pronunciation, cultural and religious survival manual whose wisdom applies to Iraq (i-RAHK) during the era of the Toyota pickup truck and Al Qaeda in Mesopotamia as much as to the age of the camel and the Luftwaffe.

“Show respect to all older persons,” writes the anonymous author.

“American success or failure in Iraq may well depend on whether the Iraqis (as the people are called) like American soldiers or not. It may not be quite that simple. But then again it could.”

MEGAN: Sigh.

LATOYA: The book is so old that Muslim is still spelled Moslem and Israel doesn't exist yet (while Iran is a footnote) and yet, the advice is still kind of pertinent.

MEGAN:

“You aren’t going to Iraq to change the Iraqis. Just the opposite.”

LATOYA: Alright — I am out. Pumpkin chai and salmon cake on a bagel, here I come. Thanks, Megan for a fun week, and thanks Jezzies, for the fun conversations. (And pics! Loved that!)

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<![CDATA[Khalid Sheikh Mohammed Just Made Some Pakistani Farmer's Life $25 Million Better. Here's Hoping He Invested In Big Corn!]]> Behold 9/11 mastermind Khalid Sheikh Mohammed. And note the Ashlee Simpsonesque transformation of his nose. Maybe people with the initials KLS are just vainer than most. And while the Guantanamo diet was good for the love handles, waterboarding leaves you bloated with bags under the eyes? In any case, something, it's hard to know exactly what, motivated Khalid Sheikh Mohammed to finally tell us what was up with Al Qaeda. Easier to know is why we finally found him: some Pakistani farmer type wanted to win $25 million. Will the same tactic work for the auto industry? John McCain wants to offer $300 million — Fun fact: just under one thousandth the cost of that recent farm bill — to the first person to invent a 30% more efficient car battery. Holy mindfuck, right? Like, on one hand, he's appealing to humanity's most rational Smithean impulses! While at the same time, betraying a sinister distrust in the ability of the market to solve everything! Megan and I read a shitload of newspapers over the weekend so we could share an informed combination of disillusionment, disenchantment, disgust and depression over Zimbabwe, the SEC, the corn industry etc. after the jump.

MOE: Morning Megan! Nice weekend? Good thing I already know the answer to that question because there are like ninety things we need to discuss this morning, and like, none of them is George Carlin! We should maybe start with how they abandoned that whole election idea in Zimbabwe after Mugabe made the truly salient point in a speech that "How can a ballpoint pen fight with a gun?" And Mugabe has so much more than a gun, and he's been wielding them liberally to assassinate pretty much everyone with the combination of courage, integrity, idealism and purposefulness to openly oppose him.

MOE:

One such target was Better Chokururama, a 31-year-old activist with an appetite for bravado and fisticuffs, nicknamed “Texas” for both the cowboy hats he favored and the moniker of a torture camp from which he once escaped. He was abducted on April 19, and his legs crushed by his captors with boulders.
He said in an interview afterward, as he lay with both legs in casts, that he had told his captors “that beating people would not change anything because the opposition had beaten the governing party, ZANU-PF, in the elections.”
“They laughed loudly,” he said, “then threw me out of the moving vehicle.”

MEGAN: Ah, Zimbabwe. Is it sad, or accurate that I wonder if his statement was coerced? Because he only just got back to the country, and I can't imagine that Better Chokururama (or the 86 people killed, or the 10,000 who've been injured or the 200,000 refugees) would prefer not to cast their vote for Morgan Tsvangirai right now than wait for... something. Mugabe's death or whatever, not that his hand-picked successor will likely be any different.
MEGAN: It almost makes me wish I'd watched the end of Last King of Scotland only when the white dude fucked Amin's wife I was like, ok, seriously, I don't really need to see how this ends, it ain't gonna be good.

MOE: I'm not reading you re whether the statement was coerced. "Beating people will not change anything" or "They threw me out of the moving vehicle." The rest of his story, which I omitted, has him getting captured again with some other activists whose bodies showed up a few days later. But there's some other news that I kind of want to get to starting with how the chairman of the chief financial regulatory agency was about as worthless during the whole Bear Stearns debacle as…the old CEO of Bear Stearns! He missed most of the conference calls for birthday parties and went on vacation with his family. Guess that's what you get for expecting someone to police people making nine figure pay packages on a six figure salary!
MEGAN: Well, I meant whether Morgan Tsvangirai was coerced to drop out of the race. He got back from exile to avoid being coerced and dropped out within hours. It seems suspicious to me.

MOE: Ugh, what the FUCK is a former Orange County congressman Reaganite lose doing fucking regulating our financial sector…Oh Morgan Tsvangirai's statement that the election was a violent illegitimate sham of a political process and that he didn't want to start a civil war?
MEGAN: And re: Chris Cox, that's what you get for hiring a guy stupid enough to be a conservative Republican in New Jersey who wasn't exactly known for being hte most go-to Congressman ever to run a regulatory agency when his political ideology is based around smaller government i.e., not regulating. The only good thing about Chris Cox at the SEC is that he's not in Congress anymore.
MEGAN: And by Jersey, I meant California, sorry.
MEGAN: Well, I mean, they already have a civil war. They also put another top party leader in prison and charged him with treason, not that anyone's seen him since.

MOE: Yeah a fucking Reaganite knownothing donothing, God I fucking can't stand those ideological free marketeers whose understanding of the financial sector begins and ends at best with some P.J. O'Rourke essay.
MEGAN: Do people really still read O'Rourke?
MEGAN: Also, he was a Congressman. I'll bet he thought the SEC gig was a step up with fewer actual responsibilities because he has more staff to hold his soft, white hand and do everything for him. Why would he miss a birthday party for regulating anything? He never did in Congress I'll bet you.

MOE: But in the wake of the internet bubble which was followed by the corporate malfeasance fest which was followed by the options backdating debacle how the fuck does someone like Cox get that job? And can Obama make hay out of this? Because I'd rather that than make um oil out of corn but that's neither here/there!
MOE: If anything it makes Obama look less hot to the Brazilians:

“We made a series of mistakes by not adopting a sustainable energy policy, one of which is the subsidies for corn ethanol, which I warned in Iowa were going to destroy the market” and contribute to inflation, Mr. McCain said this month in an interview with a Brazilian newspaper, O Estado de São Paulo. “Besides, it is wrong,” he added, to tax Brazilian-made sugar cane ethanol, “which is much more efficient than corn ethanol.”

MEGAN: But it's the market! The market! Market failures will be regulated by the market and so regulation just damages the ability of the market to correct itself which it will do if you don't overregulate it and so Chris Cox is just doing his job by not regulating the market because regulating it would damage it!

MEGAN: Well, it's a tariff, not a tax, and it's not just on sugar-based ethanol it's on all imported ethanol but McCain's point remains valid. It's incredibly ineffecient and not environmentally sound policy to put tariffs on imported ethanol as a way of additionally subsidizing the construction of ethanol plants in the Midwest that can only be used for corn instead of whatever plant is cheapest. But that's US ag policy: those little family farmers that hardly exist anymore need your tax dollars, dammit, and if a few hundred million or more need to go to multinationals to make sure that a couple farmers won't sell out to them anyway, well, that's the trade-off we all accept to continue fetishizing the family farm.
MOE: Yeah and just to put a number on that…the last agriculture bill was $370 million, yes?

MEGAN: It was a lot, let's just go with that...
MOE: Because fucking agribusiness is so cash strapped right now the leading corn syrup supplier is only commanding a 31% premium over the market price of its shares Man, take a fucking look at this chart. If only I'd been pissed off about ethanol back when I was busy being pissed off about …oil!
MEGAN: Oh, well, ethanol was a better oxegenate for the environment than MTBE, and it seemed so environmentally friendly when the corn growers were all lobbying for it to be a corn-oxygenate back in the day. I mean, it's whole fucking purpose is to allow us to continue driving the exact same automobiles in the exact same way while marginally reducing emissions.
MOE: Anyway suffice it to say the corn industry hasmore than enough money left over to convince America the corn industry is good for America.

MEGAN: It is good, see, sweet delicious corn!
MEGAN: So yellow, so environment-y!
MOE: Ok check out this segue. So that last story was about the corn industry's public relations push to remind Americans that High Fructose Corn Syrup really isn't any worse for you than sugar…and guess what has HFCS in it? Ensure nutritional beverages…Al Qaeda logistics mastermind Abu Zubayda! Which is just one of the numerous fascinating facts we learned from yesterday's A1 Scott Shane story on the interrogation of Khalid Sheikh Mohammed. Did you read that? I highly recommend it.
9:30 AM
MEGAN: Ensure is so disgusting, it's supposed to be a supplement for old people and instead they're marketing it as a meal-replacement solution for healthy people and it's not. Talk about sick PR. But, no, I didn't read the story. I'm sure it's bad.
MOE: Okay, so let me guide you through the important parts of the story: I think the "little farmer guy" who turned in KLS in hopes of earning a quick $25 million and resettling himself and his family under a new identity in the US has to be my fave. Do you think there is some gated community tailored for, like, lottery winners and successful plaintiffs in massive malpractice suits where they could just sort of hide that guy away? Because that could be a fun movie starring Kal Penn.
MOE: But I guess mostly it's a profile of the lead interrogator Deuce Martinez, a wonky egghead analyst who skipped waterboarding classes and played "good cop"

MEGAN: I would snitch on anyone for $25 million, I'm just saying. Didn't we discuss a few weeks ago that the CrimeStoppers programs always end up paying out a ton more money when the economy sucks? I feel like we did.

MOE: Hahaha I really wish I remember what the fuck I read a few weeks ago but I'm just saying I don't think you could interrogate that out of me. Anyway, the whole thing was, well, KLS was waterboarded and subjected to other miscellaneous forms of torture a hundred times, but yeah aren't we sick of talking about the whole torture thing? More weird details! KLS wrote poetry to Deuce's wife! He was captured a few days after the informant sent a text message "I'm with KLS." He was originally transported to Thailand! (Or maybe that was Abu Zubayda) ... Thailand and the US are so close they didn't even have to tell the Thai PM. And Poland is "the 51st state." Really the whole "secret prisons" things seemed to be improving our relations with a lot of foreign countries before Dana Priest discovered them and Bush had them all flown back to Guantanamo.
MEGAN: The Poles just want to be part of the Visa Waiver Program and will do anything to get it. They're the only country in the EU at this point without it, if I recall correctly, but Congress keeps talking about and never passing a bill to let them into it and DHS has no idea.

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