Category: The Opinionsphere

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Barack Obama Criticism Health care Politics The Opinionsphere

Paul Krugman Attempts to Fill Ted Kennedy’s Shoes

[digg-reddit-me]Ezra Klein had a smart bit of analysis about the role Ted Kennedy could have played on health care were he still with us:

If you know the health-care debate really well, it means a lot to say that Jay Rockefeller and Sherrod Brown support this bill. If you don’t know the debate very well, it means virtually nothing. Kennedy was the only liberal with the stature to sell a painful compromise to the base. [my emphasis]

There aren’t many liberals out there with that kind of stature and with the trust of those to the left, and you only get to use your position this way a limited amount of times. But Paul Krugman today took on this task with his op-ed, largely echoing arguments made by me yesterday, as well as Ezra Klein. First, is from me:

So, to my brethren on the left posting at reddit, and on progressive blogs around the nation, remember this: Be angry the bill has been undermined. Be angry that various interest groups have gotten their way at the expense of the majority. But keep perspective, and see which direction the bill moves us. And ask: Does it create a framework of exchanges and subsidies that can improve our health care system? Does it bring us closer to universal health insurance? Will it be easier to add a public option to this structure in the years ahead if, as seems likely, the health insurance industries continue their abusive behaviors, than to start anew?

The answers are clearly, Yes, Yes, and Yes.

As a progressive, as a liberal, you don’t have to be happy about supporting this bill. But you should support it.

And now Krugman:

A message to progressives: By all means, hang Senator Joe Lieberman in effigy. Declare that you’re disappointed in and/or disgusted with President Obama. Demand a change in Senate rules that, combined with the Republican strategy of total obstructionism, are in the process of making America ungovernable.

But meanwhile, pass the health care bill.

[Image licensed under the GNU Free Documentation License.]

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Barack Obama Criticism Politics The Opinionsphere

Glenn Greenwald and the Politics of Ressentiment

Reading Julian Sanchez’s quite intelligent piece on the politics of ressentiment and how they underpin Sarah Palin’s popularity among the Republican base, I realized why certain passages that I had highlighted but not had the space to go after in my most recent piece on Greenwald had bothered me so much.  Sanchez discuses the philosophical/psychological concept of ressentiment. Wikipedia defines it as:

[A] sense of resentment and hostility directed at that which one identifies as the cause of one’s frustration, an assignation of blame for one’s frustration. The sense of weakness or inferiority and perhaps jealousy in the face of the “cause” generates a rejecting/justifying value system, or morality, which attacks or denies the perceived source of one’s frustration.

One of the symptoms of ressentiment is to justify and perhaps even determine one’s moral positions by way of rejecting one’s enemies moral positions. In other words: Sarah Palin is hated by liberals so she must be great. My opponents on a bunch of issues believe in the right to bear arms, so I don’t. &tc.

This is how Greenwald began his piece “just asking questions” à la that other Glenn about the opinions people had of Obama’s Nobel prize acceptance speech:

Why are the Bush-following conservatives who ran the country for the last eight years and whose foreign policy ideas are supposedly so discredited  — including some of the nation’s hardest-core neocons — finding so much to cheer in the so-called Obama Doctrine?

And from there Greenwald goes on, exploiting the politics of ressentiment in order to justify his increasing hysterics about Obama, as his rant rises in volume:

Obama puts a pretty, intellectual, liberal face on some ugly and decidedly illiberal polices.  Just as George Bush’s Christian-based moralizing let conservatives feel good about America regardless of what it does, Obama’s complex and elegiac rhetoric lets many liberals do the same.  To red state Republicans, war and its accompanying instruments (secrecy, executive power, indefinite detention) felt so good and right when justified by swaggering, unapologetic toughness and divinely-mandated purpose; to blue state Democrats, all of that feels just as good when justified by academic meditations on “just war” doctrine and when accompanied by poetic expressions of sorrow and reluctance.  When you combine the two rhetorical approaches, what you get is what you saw yesterday:  a bipartisan embrace of the same policies and ideologies among people with supposedly irreconcilable views of the world.

If you read the piece, it seems an extended exercise in exploiting the politics of ressentiment to avoid actual argumentation. And you’ll know this politics of ressentiment running throughout Greenwald’s work, though often more subtly than this glaring example.

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Barack Obama Criticism Economics Financial Crisis Politics The Opinionsphere

The Left’s Odd Abandoment of Obama: Matt Taibbi

I recently castigated Glenn Greenwald for the umpteenth time for distorting the world to fit his ideological lens. He, like a significant portion of the left, seems to have turned on Obama. Despite his claims to judge politicians on a case-by-case basis and not to give them support or opposition based on their history, it is clear that Greenwald’s recent attempts at rationally ranting about Obama have a strong emotional core; I extrapolate this from the somewhat tortured manner in which he caricatures the positions of Obama and Obama’s supporters in order to take them down, and the eagerness with which he seems to try to get to his rants in which he loses the remaining bits of common sense he has. Thus, it isn’t that exceptional that he endorsed Matt Taibbi’s recent piece on the Obama administration. While Taibbi is sloppier than Greenwald – and lacks the “fair” persona that Greenwald sometimes adopts – both have a core position: they are anti-establishmentarian. Taibbi though writes news rather than opinion journalism and constantly hides behind the (no-doubt vigorous) fact-checking of his pieces by Rolling Stone – but his most egregious errors are implicit. He writes as if insinuation were fact, which makes him difficult to take seriously whether he is writing about AIG or Goldman Sachs or Obama. And his constant mode is paranoid conspiracy theorist – which certainly fits the moment. Perhaps the best response to Taibbi was to call him the “Sarah Palin of journalism.” And he certainly demonstrated that out-of-the-gate with his first sentence responding to critics:

When we went to print with the latest Rolling Stone piece about Obama’s economic hires, a couple of my sources advised me to expect some nastiness in the way of a response from Obama apologists.

Like Palin, Taibbi defends himself by pointing out who his enemies are, as if their existence makes him right. Granted, Taibbi is a better writer than Palin – and doubtless is better informed. But what he does with his knowledge is create elaborate conspiracy theories embedded in the colorful opinions he gives throughout his news:

The point is that an economic team made up exclusively of callous millionaire-assholes has absolutely zero interest in reforming the gamed system that made them rich in the first place.

Go ahead – fact check that! The main point of his most recent piece seems to be the pernicious effect of Clinton Treasury Secretary, former Goldman Sachs head, and Citibank big shot, Robert Rubin. A good article could be written about this – but Taibbi chose instead to write a piece about Obama’s hypocrisy demonstrated by his embrace of Rubin’s mentees. Taibbi accomplishes this with a quick bait-and-switch, describing the vague hopes people had for Obama during the campaign – that he was “a man of the people” – and then deftly pivoting:

Then he got elected.

What’s taken place in the year since Obama won the presidency has turned out to be one of the most dramatic political about-faces in our history.

Now – this assertion is the core contention Taibbi makes – yet he entirely fails to do several things: (1) to describe what Obama actually campaigned on; (2) to fairly or honestly describe the Rubin/New Democratic positions; or (3) to describe accurately the attempts made by Obama to reign in the financial industry. Instead, Taibbi merely lists the many people who worked for Rubin at some point who now work for Obama as if that proved the audacious opinions he starts his piece with. His entire piece would work better as a footnote supporting one contention in his three paragraph opening.

Tim Fernholz also writes a good piece taking on Taibbi’s anti-Obama screed.

Andrew Leonard of Salon provided a pretty good summary of Taibbi in general:

It’s the classic Taibbi approach: vastly and sloppily overstate the case in absurd, over-the-top rhetoric while ignoring any possible counterargument.

But Ezra Klein as always has an extremely intelligent take:

But in this case, Taibbi chose a swift-moving narrative at the expense of an accurate picture of how — and more importantly, where — Wall Street is capturing the political process.

The issue here is not that Taibbi should be nicer to the Obama administration, which is how he’s framing most of the criticism of his article. Quite the opposite, actually. Taibbi is being much too nice to the Obama administration. He’s imbued them with a lot more power than they have.

If the result of the 2010 election is that Obama fires his economics team and moves his administration to the left, but the Republicans pick up 60 seats on the House and move the body to the right, then American public policy outcomes move to the right.

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Environmental Issues Politics The Opinionsphere

Krauthammer’s Newest Big Lie

[digg-reddit-me]There is something at once fascinating and repellent about Charles Krauthammer. But for now, I just wanted to mention his piece from last Friday on “the New Socialism” which is the name he is trying to popularize for the attempt to combat global warming.

This piece demonstrates what makes Krauthammer such an essential figure on the right, why the National Review in a recent cover story called him  “a brilliant critic of President Obama: a persistent, fearless, profound critic…the critic-in-chief.” What makes him essential is that he is a master of “the Big Lie” – the propaganda tactic of creating a story so audaciously untrue that few will believe it is entirely fiction (as “people will believe a big lie sooner than a little one…”) What makes Krauthammer an especially influential pundit though is his debater’s sense of his opponents’ political weak points. At his most effective, he couples these parries at his opponents’ actual weak points in a fictional narrative that gives an explanation of everything.

Krauthammer’s new thesis, his new “Big Lie,” describes the secret agenda behind the attempt to stop global warming: a giant socialist conspiracy to “raid […] the Western treasuries” by imposing “taxes on hardworking citizens of the democracies to fill the treasuries of Third World kleptocracies” with “a dose of post-colonial reparations thrown in.”  It’s a bit unclear who is the author of this giant conspiracy: The scientists who study global warming? The leaders of the developed world? The lazy third-world-cadillac-welfare-queen kleptocrats? The sushi-eating, coastal elites? Krauthammer – as is his wont – proposes his theory without providing such details. He is a brilliant intellectual, not a reporter! And this lack of a reporters’ fact-checking is what makes him so adept at creating his Big Lies.

A reporter would tell you that there is a struggle in Copenhagan between the developed counties and those trying to catch up. As carbon emissions are closely related to a people’s standard of living (given current technology) bringing people out of poverty increases carbon emissions. Developing countries are concerned that in capping their emissions, they are condemning their people to continued poverty and binding themselves from improving the lives of their citizens. Developing countries are extremely unhappy with some of the deals being worked on – and in fact 77 of them walked out of the conference earlier this week. They were outraged when a draft agreement among the developed countries was leaked that would have capped the emissions of developing countries at 1.44 tons of carbon per year per person while allowing a limit of 2.67 tons of carbon per person for the developed world nations. Another proposal by the developed countries – the “Western” “democracies” Krathammer claims will be victims – involved the richer nations paying the poor nations to remain poor offsetting their own continued pollution. This proposal is stupid – though it’s difficult to see how it qualifies as “global socialism.” What is clear from reports from Copenhagan is that the developed countries are the ones calling the shots – and that they are trying their best to protect their populations, even at the expense of the developing ones.

Big Lies don’t do well under scrutiny. They are powerful because they are compelling, because they bring together disparate ideas, and like conspiracy theories create a compelling resolution of bothersome sources of cognitive dissonance.

Categories
Domestic issues Health care Politics The Opinionsphere

Harry Reid’s Heroism

I’ve said it before, but I’m saying it again:

If you’re trying to follow the ins and outs of the health care debate, there’s no better source than Ezra Klein. But for the moment, I wanted to cite one particular post of Klein’s citing Matt Yglesias:

[L]iberals have rarely found themselves hailing Reid’s leadership. But the fact of the matter is that there’s almost no precedent for the legislative mission he’s been asked to accomplish of turning 59 Democrats, one loosely Democrat-aligned Independent, and two slightly moderate Republicans into 60 votes for a package that’s simultaneously a dramatic expansion of the welfare state and a measure that reduces both short- and long-term deficits.

On top of the intrinsically difficult nature of the task, he’s facing a really ugly political situation back home. Because Beltway mores dictate that you can never hold a member of congress morally culpable for actions undertaken in the name of raw politically self-interest, it must have been very tempting for Reid to get distracted. But he’s stayed on point and focused, dealt with the timid members of his caucus, dealt with the ignorant members of his caucus, dealt with the egomaniacal members of his caucus, and dealt with the all-too-typical Senatorial combination of policy ignorance, egomania, and political cowardice among some members. For his troubles it looks like we’re going to get a bill that liberals feel churlish about at best. But it’s really an extraordinary achievement.

Categories
Barack Obama Criticism Financial Crisis Politics The Opinionsphere

The Left’s Odd Abandoment of Obama: Glenn Greenwald

Whatever Charles Krauthammer or Rush Limbaugh may tell you, there is no evidence that Obama is secretly an extreme leftist. On the contrary, he both ran and has governed as a liberal. The various forces on from the left to the center-left rallied around him in 2008 though – seeing hope in his ascendancy. But like all presidents, Obama while campaigning in poetry now faces the challenge of governing in prose.

Yet what is remarkable is how fashionable it has become for respectable voices on the left to hyperventilate and rant against Obama, most often by equating him with George W. Bush. European leftists, unused to America’s slow-moving political system can be forgiven for not appreciating the scope of what Obama is attempting to do, and for the difficulties in doing it. But among mainstream American intellectuals to the left of center, this is harder to understand.*

Reacting to this anti-Obama sentiment on the left, which most often seems to embrace an hysterical tone more appropriate to spurned lovers than political supporters, Andrew Sullivan (who himself recently announced that he could no longer countenance being on the right-wing because what he sees as their odd rejection of Obama’s core conservatism) began to publish emails from readers purporting to “leave the left” because of this demonization of Obama. (In fairness, let me admit that this meme bothered me too: Andrew Sullivan decided to leave the right after every dissenting voice has already been purged. To leave the left over the rants of some of its prominent members is to overreact.)

Glenn Greenwald responded by doing what he does best: He distorted the opposition beyond recognition in order to make his case that they are wrong. He accused these critics of a veneration of Obama similar to the veneration of Bush and Palin among some on the right:

According to these defenders, it’s just wrong — morally, ethically and psychologically — to criticize the President. Thus, in lieu of any substantive engagement of these critiques are a slew of moronic Broderian cliches…Those who venerated Bush because he was a morally upright and strong evangelical-warrior-family man and revere Palin as a common-sense Christian hockey mom are similar in kind to those whose reaction to Obama is dominated by their view of him as an inspiring, kind, sophisticated, soothing and mature intellectual. [my emphasis]

As always, Greenwald has an interesting point – and there is some subset of people who do take the view he is refuting. But it’s far from clear the commentors on Sullivan’s blog do. (Go ahead and read them.) More importantly, Greenwald’s reaction follows exact same emotional logic he is criticizing: Just as these readers of Andrew Sullivan’s blog have created a politically stereotyped parody of the Left based primarily on what bothers them, and react viscerally, emotionally to it, so Greenwald creates his own politically stereotyped parody of Obama defenders, which he then viscerally, emotionally reacts to.

Another good example of this came earlier this week, as Greenwald responded to his bête noire, Joe Klein:

Klein explained:

[S]ome of the best arguments about why this war is necessary must go unspoken by the President.

So there are deeply compelling reasons to escalate in Afghanistan.  But they’re secret.

Greenwald then goes on a rant about wars justified only by “secret reasons.” Being a fairly intelligent guy, Greenwald clearly knows the difference between things a President cannot say and “secrets” – but he elides this, even contradicts this common-sensical reading, because what his opponent is actually saying does not fit into the political stereotype that Greenwald wants to kick in the groin.

Let me step back again in fairness to Greenwald – who, let me emphasize, I often admire. The way I see it, there are two Glenn Greenwalds. One who will take a step back and observe that Obama is far better than the alternatives and who is able to fairly ascertain that Obama is not guilty of hypocrisy in escalating in Afghanistan and that he should not be blamed for failing to keep those promises he clearly has tried to keep like closing Guantanamo, and who fairly criticizes Obama for a range of issues ranging from Bagram to state secrets.

And then there is the Glenn Greenwald who likes to rant and throw tantrums. The second Greenwald paints the world in vivid colors that bear some resemblance to the more muted colors that my eyes see. The second Greenwald goes on, blithely ignorant of his own more reflective judgments, self-confident and self-satisfied, secure in the knowledge that he himself, merely a critic and holding no formal powers, is above reproach. This second Greenwald is still a useful addition to the political conversation, but in a marginal way.

At his best, Greenwald could be a polemicist, arguing against the conventional wisdom; but he lacks the audaciousness positioning that is the mark of a true polemicist. Too often, Greenwald becomes one of the many voices in our political chorus – a ranter, a talking head.

I would argue the one core principle that allows Greenwald to so often lapse into ranting is his view that: “Political leaders deserve support only to the extent that their actions, on a case-by-case basis, merit that support…” Thus it’s not quite fair to tar Greenwald as someone who abandoned Obama – as he never claimed to embrace Obama. Instead he rationally analyzed and decided to support certain discrete positions Obama took. This is the rationale. But it ignores the second Greenwald certainly who expresses a visceral, emotional distaste for Obama that seems at odds with this rational “case-by-case” analysis of Obama’s actions.

* To be clear, and to preempt attempts to write me off as a victim of Obamania, deluded by hope, I have seriously criticized Obama about Bagram (here and here), on the mere technocratic approach to serious issues (here and here), on his approach to state secrets, and I would endorse several other criticisms of the administration – specifically on their seeming reluctance to embrace what I see as clear principles in regulating the financial industry, on transparency issues, and regarding national security. But I do – at the same time appreciate that Obama is moving in the right direction on these issues – though not on the first two.

[Image not subject to copyright.]

Categories
Barack Obama Criticism Economics Financial Crisis Foreign Policy Politics The Opinionsphere

Kashkari, 2009’s Ideas, Richard Milhouse Obama, Frum!, Chinese-American Trade Imbalance, Obama’s Nobel, and Charborg

1. The Personal Toll TARP Exacted. Laura Blumenfeld profiled Neel Kashkari for the Washington Post – the Treasury employee and Hank Paulson confidante who presided over TARP and assisted with much of the government’s response to the bailout who is now “detoxing” from Washington by working with his hands in an isolated retreat. The piece focuses not on what happened and the enormous impact, but on the personal toll this crisis exacted on Kashkari and those around him: the heart attack by one of his top aides; the emotional breakdowns; the trouble in his marriage as he didn’t come home for days, sleeping on his office couch and showering in the Treasury’s locker room:

Thoughts tended toward the apocalyptic. During midnight negotiations with congressional leaders, Paulson doubled over with dry heaves. A government economist broke into Kashkari’s office sobbing, “Oh my God! The system’s collapsing!” Kashkari counseled her to focus on things they could control. (Minal: “So you offered her a bag of Doritos.”)

“We were terrified the banking system would fail, but the thing that scared us even more was, what would we do the day after? How would we take over 8,000 banks?”

The piece seems to ask us to feel pity for these men and women who toiled under difficult circumstances, but it seems inappropriate to feel pity for those who assume power because they also feel its heavy weight. But the piece acknowledges that Kashkari himself seeks to get back to Washington again, “Because there’s nowhere else you can have such a large impact — for better and for worse.” Lionize them for their heroic sacrifices if you will, but there is no place for pity. Those who choose to take on the burdens of power should not be pitied because it proves too weighty.

2. New Ideas. The New York Times briefly discusses the Year in Ideas. Some of the more interesting entries:

  • Guilty Robots which have been given “ethical architecture” for the American military that “choose weapons with less risk of collateral damage or may refuse to fight altogether” if the damage they have inflicted causes “noncombatant casualties or harm to civilian property.”
  • The Glow-in-the-Dark Dog (named Ruppy) that emits an eerie red glow under ultraviolet light because of deliberate genetic experiment.
  • Applying the Google Algorithm that generates the PageRank which first set Google apart from its competitors to nature, and specifically to predicting what species’ extinctions would cause the greatest chain reactions.
  • Zombie-Attack Science in which the principles of epidemiology are applied to zombies.

3. Obama’s Afghanistan Decision. Fareed Zakaria and Peter Beinart both tried to place Obama’s Afghanistan decision into perspective last week in important pieces. Both of them saw in Obama’s clear-eyed understanding of America’s power shades of the foreign policy brilliance that was Richard Nixon and Henry Kissinger. Zakaria:

More than any president since Richard Nixon, he has focused on defining American interests carefully, providing the resources to achieve them, and keeping his eyes on the prize.

Beinart:

Nixon stopped treating all communists the same way. Just as Obama sees Iran as a potential partner because it shares a loathing of al-Qaeda, Nixon saw Communist China as a potential partner because it loathed the U.S.S.R. Nixon didn’t stop there. Even as he reached out to China, he also pursued détente with the Soviet Union. This double outreach — to both Moscow and Beijing — gave Nixon more leverage over each, since each communist superpower feared that the U.S. would favor the other, leaving it geopolitically isolated. On a smaller scale, that’s what Obama is trying to do with Iran and Syria today. By reaching out to both regimes simultaneously, he’s making each anxious that the U.S. will cut a deal with the other, leaving it out in the cold. It’s too soon to know whether Obama’s game of divide and conquer will work, but by narrowing the post-9/11 struggle, he’s gained the diplomatic flexibility to play the U.S.’s adversaries against each other rather than unifying them against us.

Perhaps this accounts for Henry Kissinger’s appreciation for Obama’s foreign policy even as neoconservative intellectuals such as Charles Krathammer deride Obama as “so naïve that I am not even sure he’s able to develop a [foreign policy] doctrine“:

“He reminds me of a chess grandmaster who has played his opening in six simultaneous games,” Kissinger said. “But he hasn’t completed a single game and I’d like to see him finish one.”

4. The Unheeded Wisdom of Frum. It seems that almost every week a blog post by David Frum makes this list. This week, he rages at how the Republican’s “No, no, no” policy is forcing the Democrats to adopt more liberal policies (which Frum believes are worse for the country, but in the case of health care, more popular among voters):

I hear a lot of talk about the importance of “principle.” But what’s the principle that obliges us to be stupid?

5. Fiscal Imbalances. Martin Wolf in the Financial Times identifies the imbalance between America’s deficit spending and China’s surplus policy as the root of our financial imbalances in a piece this week:

What would happen if the deficit countries did slash spending relative to incomes while their trading partners were determined to sustain their own excess of output over incomes and export the difference? Answer: a depression. What would happen if deficit countries sustained domestic demand with massive and open-ended fiscal deficits? Answer: a wave of fiscal crises.

While he says both sides have an interest in an orderly unwinding of this arrangement, both also have the ability to resist:

Unfortunately, as we have also long known, two classes of countries are immune to external pressure to change policies that affect global “imbalances”: one is the issuer of the world’s key currency; and the other consists of the surplus countries. Thus, the present stalemate might continue for some time.

Niall Ferguson and Morris Schularack offered a few suggestions in a New York Times op-ed several weeks ago as to how best unwind this. I had written about it some months ago as well, albeit with a pithier take.

6. War & Peace. Obama’s Nobel Prize acceptance speech was an audacious defense of American power and ideals. If you read nothing else on this list, read this.

7. Song of the week: Pinback’s “Charborg.”

Categories
Criticism Environmental Issues Humor Palin Politics The Opinionsphere

Global Warming: A conspiracy perpetuated by the sushi-eating, coastal elites known as polar bears.

[digg-reddit-me]

Of course, such anti-polar bear sentiment doesn’t exist beyond The Colbert Report and satire of global warming denialists.

Oh, wait. I forgot about Sarah Palin, populist tribune of all that is good, who has taken a vehemently anti-polar bear stance, writing in yesterday’s Washington Post:

As governor of Alaska, I took a stand against politicized science when I sued the [Bush administration] over its decision to list the polar bear as an endangered species…

Categories
Criticism Humor Politics The Opinionsphere

TownHall.com Still Thinks Its Readers Are Idiots…

[digg-reddit-me]I love subscribing to TownHall.com’s emails. They are often good for a chuckle.

But what truly surprises me is the absolute contempt they show for their readers. Obviously, the website promotes political lies and makes no attempt to disguise this. But, as conservatism today has devolved into a reality-show equivalent of  thrillers like The Da Vinci Code or any Vince Flynn novel – complete with ominous music that would play in the background if these novels are movie-fied – the fictional world created by these lies seems to provide enjoyable entertainment.

But TownHall.com apparently believes its readers will not only gullibly accept lies that confirm their political convictions, but are gullible enough to invest money in all sorts of shady enterprises and get-rich-quick schemes. Back in August, I posted one such email – in which TownHall.com allowed an advertiser to use its brand and email list to send out a promotion for a newsletter suggesting that you too could get “A potential 6-figure fortune within 12 to 24 months” by investing in Constitution Mining Corp. Nearly 5 months after this email – but to be fair, less than the 2 years they are talking about – Constitution Mining Corp. has increased in value from $1.25 per share on the day of the post to $1.53 today. A significant increase, but nowhere near the 430% return discussed in the email.

Now, TownHall.com has sent out another amusing email (full text here for the patient and curious) – this time promoting a special investigative exposé:

Special Investigative Exposé

“The $50 Billion
Shadow Syndicate”

How a Ruthless Government
Conspiracy Could Make You
$97,500 Richer by March 2010

*(The following true story will make you mad as hell. It could also make you very rich…)

The email, when printed out, was 21 pages long. But in its 21 pages, it did not manage to mention the name of the company it was promoting. To get that, you need to buy the $49 subscription fee for BreakAway Investor. Of course, Michael Robinson, editor of BreakAway Investor, didn’t make that clear until about 15 pages in. But in the meantime, Robinson spun a fantastical story  of a dark, nefarious conspiracy – which you too could become rich by participating in!

I can’t emphasize enough how extraordinarily unique this situation is. In fact, the last time an opportunity this explosive… and this lucrative… came along was in 1933…

… right in the middle of the Great Depression…

… when a similar U.S. government “conspiracy” sent tiny military contractor EBC soaring 55,000%… turning a handful of people into multimillionaires.

Folks who got in early had the chance to turn a $5,000 investment into $2.5 million.

The opportunity I’ve uncovered today offers similar riches. And while a 55,000% return might take a while…

… folks who get in now — on the GROUND FLOOR — could be $97,500 richer by March 2010. Maybe a whole lot more…

There is one catch, however…

Continue reading “TownHall.com Still Thinks Its Readers Are Idiots…”
Categories
Criticism Environmental Issues The Media The Opinionsphere

The NYT and WaPo bet their reputations on contrasting approaches to climate emails.

James Fallows:

Not to overdramatize, but: in a way the papers are betting their reputations with these articles. The Times, that climate change is simply a matter of science versus ignorance; the Post, that this is best treated as another “-Gate” style flap where it’s hard to get to the bottom of the story.