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PORTSIDE  March 2012, Week 2

PORTSIDE March 2012, Week 2

Subject:

REWIND - A Week of Quotes & Cartoons

From:

Portside Moderator <[log in to unmask]>

Reply-To:

[log in to unmask]

Date:

Sat, 10 Mar 2012 14:41:47 -0500

Content-Type:

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Parts/Attachments

text/plain (251 lines)

REWIND - A Week of Quotes & Cartoons

SUNDAY

Quote of the Day
March 4, 2012

'We are rapidly approaching a situation where Congress
and the administration are unwilling to confront
bankers on the need of thoroughgoing reform of
everything involving household finance and credit
reporting/credit scoring because it would cost the
bankers money to do so." The big banks, meanwhile,
complain bitterly about regulation, but don't mention
how regulation might have helped mute the crisis.

'Our policy makers do need to think about what we are
transferring to the banks. Why is the public obligated
to provide them with all those subsidies? Nobody will
ask these questions.'

Walker F. Todd, a research fellow
at the American Institute for
Economic Research and a former
assistant general counsel and
research officer at the Federal
Reserve Bank of Cleveland

New York Times
March 4, 2012
http://tinyurl.com/88wtovuA

Toon of the Day
http://tinyurl.com/8x8vw3g
Catered?
Gary Markdtein

MONDAY

Quote of the Day
March 5, 2012

'But whatever shape the resistance to Hollande will
take, it is clear that many conservative government
leaders are alarmed at the prospect that the Socialist
could become the next leader of Europe's second largest
economy, and don't want to elevate him by giving him
the red carpet treatment in advance of the election.

'Merkel's involvement in the French campaign is highly
unusual. Interfering in the domestic politics of
another country has always been something of a taboo,
even in the close Franco-German alliance. Merkel has
broken with that tradition and now risks the prospect
of diplomatic tensions if Hollande wins in April.

'Hollande's campaign manager Pierre Moscovici has
described her involvement as "irritating" and
"worrisome," and described it as unprecedented in
Europe's history. He said the friendship between France
and Germany must take precedence over party political
interests.

'Hollande himself seems relaxed about the debate,
though. "If there is an alliance among the
conservatives for the conservative candidate in France,
this would be quite natural," he said. But, he added,
only the people of France will decide on the country's
future.'

'Merkel Forges Anti-Hollande Alliance in Europe'
Spiegel (Germany)
March 5, 2012
http://tinyurl.com/79lkrqk

Toon of the Day
http://tinyurl.com/8xdksxt
School Prayer
Jim Morin - Miami Herald

TUESDAY

Quote of the Day
March 6, 2012

'We're sending a message to the President of the United
States that we support your approach, to Congress that
we support the President, and to Israel and other
validators for a pragmatic foreign policy to say, let's
exercise prudence instead of ramping up the war
option.

'Unless we or an ally is attacked, war should be the
option of last resort. Our brave servicemen and women
expect you to exhaust all diplomatic and peaceful
options before you send them into harm's way.

'Military action at this stage is not only unnecessary,
it is dangerous - for the United States and for Israel.
We urge you to resist the pressure of a war of choice
with Iran.'

'Retired US Generals to Obama:
"No War of Choice in Iran" '

March 6, 2012
http://tinyurl.com/88rrpcn

Toon of the Day
http://tinyurl.com/78yzch3
War on Women
Stuart Carlson

WEDNESDAY

Quote of the Day
March 7, 2012

'It is important for our congresspeople to hear from
both sides, and hear from Americans horrified about the
possibility of a war with Iran.'

Medea Benjamin, a co-founder of
the peace group Codepink and
a leader of Occupy Aipac,
referring to the groups'200
people who divided into nine
teams that met with
Congressional staff members
Friday, Monday and Tuesday,
bringing their own talking
points.

New York Times
March 7, 2012
http://tinyurl.com/6uavhrp

Toon of the Day
http://tinyurl.com/6o2tlmq
Chess With Netanyahu
Jeff Danziger

THURSDAY

Quote of the Day
March 8, 2012

'Not nearly enough attention has been paid to the
damage that the continuing Great Recession has done to
black Americans. It's true that jobs and homes were
lost across a wide expanse of ethnic and income groups.
It's true that white businesses as well as black-owned
firms have failed. But African American communities
were particularly vulnerable, and the downturn swept
through them like an invading army, destroying wealth
that had been painstakingly accumulated over decades
and, in some cases, generations.'

Bob Herbert
American Prospect
March 7, 2012
http://tinyurl.com/7kyv8uh

Toon of the Day
http://tinyurl.com/6oacb8b
Race Goes On
David Horsey - Los Angeles Times

FRIDAY

Quote of the Day
March 9, 2012

'"We live in what most business commentators call a
volatile world. I would argue that when the environment
is continuously unstable, it is no longer volatile.
Rather, we have entered a new economic era. It could
remain this way for a long time.'

Jeff Immelt, chief executive
of General Electric, the
nation's largest conglomerate,
in his annual letter to
shareholders

New York Times
March 9, 2012
http://tinyurl.com/7blz23k

Toon of the Day
http://tinyurl.com/8a4744d
Surprise
Pat Bagley - Salt Lake City Tribune

SATURDAY

Quote of the Day
March 10, 2012

'Netanyahu* sometimes seems like he is holding a
debating competition with himself. Every speech is the
"speech of his life" and must overshadow its
predecessor, while afterward, as if they were rehashing
a sporting event, he and his aides gleefully count the
number of standing ovations, especially from his
American listeners. And in order to wring an ovation
from the end of every sentence, it seems as if all
means are legitimate: kitsch and death, threats and
vows, warnings and rebukes of the entire world.

'This time, too, it's not quite clear what he wanted to
obtain via this inane rhetoric - a combination of
wretchedness and megalomania - aside from applause. Did
he want pity? To prick the conscience of the world? To
terrify himself, or perhaps to inflame the Churchillian
fantasy in which he lives? But one thing is clear:
Aside from the fact that he deepened our feelings of
victimhood, insulted the American president and
narrowed the options for diplomacy, Netanyahu did not
improve Israel's situation one jot by this speech, just
as he hasn't by any of his others.'

Editorial Haaretz (Israel)
March 9, 2012
http://tinyurl.com/6pk3d69

*Israeli Prime Minister Benjamin Netanyahu

Toon of the Day
http://tinyurl.com/8xd5tde
Grits & Kids
J.D. Crowe - Mobile Register

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