The Washington establishment suffers a serious defeat (tags)
"Today was Waterloo for Fed secrecy," a victorious Grayson said afterwards. The bill still faces substantial hurdles in becoming law, of course, but yesterday's vote has made that outcome quite possible, and it's worth noting several important points highlighted by what happened here: (1) Our leading media outlets are capable of understanding political debates only by stuffing them into melodramatic, trite and often distracting "right v. left" storylines. While some debates fit comfortably into that framework, many do not. Anger over the Wall Street bailouts, the control by the banking industry of Congress, and the impenetrable secrecy with which the Fed conducts itself resonates across the political spectrum, as the truly bipartisan and trans-ideological vote yesterday reflects. Populist anger over elite-favoring economic policies has long been brewing on both the Right and Left (and in between), but neither political party can capitalize on it because they're both dependent upon and subservient to the same elite interests which benefit from those policies. For that reason, many of the most consequential political conflicts are shaped far more by an "insider v. outsider" dichotomy than by a "GOP v. Democrat" or "Left v. Right" split. The pillaging of America's economic security by financial elites, with the eager assistance of the government officials who they own and who serve them, is the prime example of such a conflict. The political system as a whole — both parties' leadership — is owned and controlled by a handful of key industry interests, and anger over the fact is found across the political spectrum. Yesterday's vote is a very rare example where the true nature of political power was expressed and the petty distractions and artificial fault lines overcome.
The still-missing central fact in the Iran drama (tags)
"Obviously, it's possible that the U.S. really did learn three years ago that Qom was an enrichment facility, that Iran somehow found out that this was the case, and that it was this that prompted the Iranians to disclose to the IAEA. But that's a mere possibility, an unproven assertion from government officials which, at least as of now, they're not even claiming is certain. But it's also obviously quite possible that Iran voluntarily disclosed this facility to the IAEA because they're willing to allow inspections, believe their NPT obligations require disclosure 180 days prior to operability (which is what they've claimed since 2007), and intend to use it for civilian purposes and thus have nothing to hide. Since the claim about Iran's motives for disclosure is the linchpin of all the hysteria — the vital fact that makes what Iran did appear sinister — shouldn't newspapers refrain from repeating it as though it's proven and make clear to their readers that this is but one of several possibilities: one for which absolutely no evidence has been presented?"