Friday, November 28, 2014

Some Interesting Items on the Web (November 28, 2014)

Financial Regulation and Related Matters:
“Secret Tapes Hint at Turmoil in New York Fed Team Monitoring JPMorgan.” Jake Bernstein of ProPublica.

“The Fed Needs Governors Who Aren’t Wall Street Insiders: With two vacancies to fill, Obama should pick nominees who will look out for Main Street, not the big banks.” Wall Street Journal op-ed by Senators Elizabeth Warren and Joe Manchin.

“George Painter, administrative law judge who criticized his own agency, dies at 87.” This is an article about a former CFTC administrative law judge who recently died. The CFTC had some serious problems with its ALJs in 2010. See my October 2010 posts about this.
“After Criticism, Fed Will Study Wall St. Oversight.” New York Times article.

“Enough Is Enough: The President's Latest Wall Street Nominee.” Senator Elizabeth Warren explains why she opposes the nomination of Antonio Weiss to be Under Secretary of the Treasury for Domestic Finance.
“Senator Elizabeth Warren’s Misplaced Rage at Obama’s Treasury Nominee.” Andrew Ross Sorkin of The New York Times doesn’t think much of Senator Warren’s opposition of Antonio Weiss. While having no opinion about Mr. Weiss, I don’t think much of Sorkin’s article. I do, though, agree with Sorkin that having worked for an investment bank should not be an immediate disqualification for the Treasury position. Mr. Weiss seems to be caught in the crossfire of a fight among Democrats as this New York Times article indicates: “Liberal Treasury Nominee’s Wall St. Prowess May Be a Vulnerability.” A blog post at the Center for Economic and Policy Research also criticizes Sorkin’s article – “It Would Take a Lot of Mismanagement to Raise the Cost of Treasury Debt by ‘Just’ 20 Basis Points.”

The Affordable Care Act:
“The Policy at the Heart of the Jonathan Gruber Controversy.” Neil Irwin of The New York Times.

“‘Grubergate’ Is Giving the Supreme Court Cover to Destroy Obamacare.” Brian Beutler of The New Republic.

“Obamacare’s biggest obstacle now may be its public image.” Catherine Rampell of The Washington Post.

“What Jon Gruber's Quotes Really Tell Us About Obamacare—and American Politics.” Jonathan Cohn of The New Republic.


“An Imperial President? Hardly. The smarter Republican response is to pass their own legislation, not howl in protest.” Jacob Weisberg of Slate.

“The GOP Reaction to Obama's Immigration Order Will Be Way More Damaging Than They Realize.” Noam Scheiber of The New Republic.

“Suffer Little Children.” Paul Krugman column on immigration in The New York Times.
CIA and NSA:

“Mark Udall to consider all options to reveal CIA torture report.” Denver Post article.

“Senate Torture Report Talks Break Down As Administration Pushes For Redactions.” Ryan Grimm and Ali Watkins of The Huffington Post.


“What Ferguson Means: The View From Abroad.” Huffington Post article.

“The law may have spoken but the Ferguson verdict is not justice.” Gary Younge writing for The Guardian: “The trouble is that the United States, for far longer than it has been a ‘nation of laws’, has been a nation of injustice. And in the absence of basic justice such laws can amount to little more than codified tyranny. When a white cop, Darren Wilson, shoots an unarmed black teenager, Michael Brown, dead and then is not indicted, the contradiction is glaring. For a world where it is not only legal for people to shoot you dead while you walk down the street, but where they can do so in the name of the law, is one in which some feel they have nothing to lose. And, in the words of James Baldwin: ‘There is nothing so dangerous as a man who has nothing to lose. You do not need 10 men. Only one will do.’”
“It’s Incredibly Rare For A Grand Jury To Do What Ferguson’s Just Did.” Ben Casselman of FveThirtyEight.

“How Not to Use a Grand Jury.” Jeffrey Toobin writing for The New Yorker.

“Chronicle of a Riot Foretold.” Jelani Cobb writing for The New Yorker.

“Ferguson: An American Dilemma.” John Cassidy of The New Yorker.
“America's Budding Police State.” Clive Crook writing for Bloomberg View.


“Behind the G.O.P.’s Misleading Shutdown Statements.” David Firestone of The New York Times.
“You’re Wrong, You’re Wrong, You’re Definitely Wrong, and I’m Probably Wrong, Too: What it was like to edit The New Republic at its most contentious.” Hendrik Hertzberg writing for The New Republic.

“Argentina’s Case Has No Victors, Many Losers.” Floyd Norris of The New York Times.

“United States: U.S. District Court Finds Transfers of Secured Debt by MERS Subject to Pennsylvania Recording Requirements.” Brian J. Levin article at the Mondaq website. Legal issues involving MERS and the separation of a mortgage from a promissory note continue to be considered by the courts.

“Wait! The right wants a new CBO director after all.” Lori Montgomery of The Washington Post.

“Keynes Is Slowly Winning.” Paul Krugman blog post.

“Counting Benghazi Blessings.” Gail Collins of The New York Times.
“Get Real, Boris Johnson!” Roger Cohen of The New York Times on the IRS problems of the mayor of London.

“Judge on the Spot.” Linda Greenhouse writing for The New York Times.

1 comment:

  1. What an amazingly diverse collection of articles - on the diverse topics inundating our nation and world. Great selection, thanks Norman Carleton.