How much spying is going on?

Consider this description of the N.S.A., from Jane Meyer's New Yorker article called "The Secret Sharer," regarding Thomas Drake (since publication, Drake has resolved his case and is not headed for prison). The N.S.A. is

an agency that James Bamford, the author of “The Shadow Factory” (2008), calls “the largest, most costly, and most technologically sophisticated spy organization the world has ever known.” . . . Even in an age in which computerized feats are commonplace, the N.S.A.’s capabilities are breathtaking. The agency reportedly has the capacity to intercept and download, every six hours, electronic communications equivalent to the contents of the Library of Congress. Three times the size of the C.I.A., and with a third of the U.S.’s entire intelligence budget, the N.S.A. has a five-thousand-acre campus at Fort Meade protected by iris scanners and facial-recognition devices. The electric bill there is said to surpass seventy million dollars a year.

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Insider Trading Writ Large

Imagine, if you will, a country in which banking regulations were stripped down so far that worthless paper again becomes a hot commodity. Now consider that this had (as it inevitably must) blown up and caused a crash in the lending market and equities market and thus the economy in general. Further note that a necessary result would be a rapid rise in the price of precious metals, notably gold. After a couple of years, that gold bubble would be ripe. People who had assets remaining when the junk bonds or sub-prime mortgages or whatever collapsed could have conservatively moved their money into gold, further depressing the equities market and inflating the price of gold. But, wait. Because of government investing, the market was recovering too fast! So fast that the wealthy were unable to swap their inflated gold for depressed stocks at the optimum time. What to do? Congress to the rescue! The wholly owned carriers of the banners of freedom and independence could be employed to create a palpably unnecessary crisis with a distinct deadline. Yes! This would quickly depress the markets and allow those holding too much bubble-gold to buy depressed stocks. Meanwhile, those elected to carry the load of screwing the middle class could also jump on the wagon and buy up stocks just before the deadline hits. Then the price of stocks returns to normal levels, and the gold bubble can be allowed to pop. I, for one, would like to see the trading histories of all those involved in the current crisis, and their friends and kin.

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Double standard

The media is engaged in a stunning double-standard regarding the Norwegian terrorist--except that he's not being called a "terrorist."  As Glenn Greenwald points out, the term "terrorist" is reserved for special kinds of people who wreak destruction:

[N]ow that we know the alleged perpetrator is not Muslim, we know -- by definition -- that Terrorists are not responsible; conversely, when we thought Muslims were responsible, that meant -- also by definition -- that it was an act of Terrorism.

As usual, Greenwald has done his homework and offered plenty of links.   When is the word "terrorist" appropriate?

Terrorism has no objective meaning and, at least in American political discourse, has come functionally to mean: violence committed by Muslims whom the West dislikes, no matter the cause or the target . . . if it turns out that the perpetrators weren't Muslim (but rather "someone with more political motivations" -- whatever that means: it presumably rests on the inane notion that Islamic radicals are motivated by religion, not political grievances), then it means that Terrorism, by definition, would be "ruled out" (one might think that the more politically-motivated an act of violence is, the more deserving it is of the Terrorism label, but this just proves that the defining feature of the word Terrorism is Muslim violence).

Greenwald also gives detailed proof that when there was no evidence that the perpetrator was a Muslim, many media outlets we happy to assume that the perpetrator was Muslim from the Middle East.  This was a total lack of critical thought on behalf of the New York Times and other major outlets, as documented here. None of this is surprising these days, given that the news media so often sees its job as promoting government objectives.   And consider that uttering the phrase Al Qaeda, which was done more than a few times recently, gives the federal government yet more chances to give us nightmares so that we feel that we need the government as our warmongering protector against terrorists, meaning Muslims.

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Republicans saving us from high-efficiency light bulbs

Think Progress reports on the latest episode of dysfunctionality of the modern Republican Party:

By a voice vote on Friday, the House passed a “light bulb ban” amendment to the 2012 Energy and Water Appropriations Act (HR 2354). The amendment, offered by climate denier Rep. Michael Burgess (R-TX), prohibits spending to enforce the incandescent lighting efficiency standards in the 2007 energy law signed by President George W. Bush. These standards have already spurred the lighting industry to create innovative new incandescent bulbs that are dramatically more efficient than the century-old design the Tea Party is bent on defending. This amendment will hurt jobs, hurt manufacturing, and hurt the environment — helping instead coal-powered electricity producers who depend on wasteful use of energy. The standards were originally proposed by Rep. Fred Upton (R-MI), who turned his back on better light bulbs in order to curry Tea Party favor and get the chairmanship of the powerful House Energy and Commerce Committee. This is but the latest example of House Republican leaders promoting a right-wing, dirty energy agenda that harms families and businesses rather than investing in innovation, new products, and jobs — even if they came up with the idea in the first place.

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