Friday, March 16, 2007

The Written Peace:
Open Forum of March 16, 2007

Let us try this again.

Your host here at The Dark Wraith Forums has tried his best to publish a nice open thread while preparing this site for transition to a new publishing platform. Google has been working mightily to force users of its publishing platform to switch to its so-called "new" Blogger, something I will not do. Google has gone so far as to prevent me from publishing any further articles without signing its new "Terms of Agreement" and allowing their new Blogger to wreak havoc on the code I have been developing over the past two years and several months.

Yesterday, I circumvented the block Google had put into place and published a brief article here. It got deleted rather quickly.

This one won't be.

I have been awaiting the arrival of a more-or-less new computer to replace the poor beast that has labored terribly and with increasing difficulty under the strain I put on it. Fortunately, the new computer arrived yesterday, and I am bringing it up to full power tonight. It is quite a thing to behold, and now I can do things I have been unable to do for quite some time. I can also do a few things I was never able to do before.

As soon as possible, The Dark Wraith Forums will leave the less than competent hands of the folks at Google and go to the NucleusCMS platform, which is the one I use for Big Brass Blog. As I've noted before, a principal concern I have had in switching to Nucleus for this site is that commenters on Nucleus blogs have to use the old Bulletin Board Code (BBC) instead of HTML tags for mark-up. I had been hoping for the development of a module that would allow HTML tags in comments, but that hasn't happened yet.

A significant coding challenge with which I am still struggling is how to make the comments toggle from the main article in Nucleus like I've done here. One of the few good things about the old Blogger publishing platform was that it was so light-weight that I could deploy just about any coding trick I wanted in the so-called "template" (more accurately called the "index file"), and the publishing platform would have no issue with it. That's most decidedly not true of the new Blogger, as I have found out through helping others trying to make the transition. Several members of my blogScream News Wire syndicate have had fits trying to put something as straight-forward as one of the news screens into a new Blogger template. blogScream uses a very standard, harmless version of an object called an IFRAME, something that's been around for a long time; but the new Blogger is having emotional difficulties with it that are creating quite a challenge in maintaining syndicate membership levels.

And speaking of the blogScream News Wire service, it is two years old today, which means it stands as one of the longest running, continuously published news services featuring only blog headlines. Several other services like it have come and gone, but blogScream survives and will continue. Readers who see a blogScream screen on one of more than two dozen blogs across the Blogosphere are seeing headlines from some of the best progressive online writers. Click on a blogScream headline and discover a great blog.

Readers might, by the way, surmise from my two topics above that I am not currently in negotiations to sell blogScream to Google, even though it sometimes seems that every other online publisher of something even halfway interesting is. In the extraordinarily unlikely event that the bandwidth sucking, Chinese censorship enabling, technologically incompetent, wannabe monopolists at Google were to approach me on such a matter, I would be torn between the choices of telling them to bite me or to kiss my backside. Making not one dime of profit is far preferable to garnering a fortune from oafs.

Enough about that.

Over at Big Brass Blog, I published an editorial on what's happening with the stock markets. (That article was supposed to be part of the "Open Forum of March 13, 2007," which never got published here because Google was blocking me from access to the publishing platform).

My assessment of what's going on was typically dour, but let me assure readers here of this: it could get a whole lot worse than even I am describing. In my best judgment, the economic circumstances of many, many people will take a turn for the worse. Most of those people for at least a while will not get their minds around how bad it's getting for them personally. It will take time to sink in. People have been getting used to a modest version of this downward spiral for a few years now; but for most, it's been happening to someone else, and to the extent that it's been happening to them, they have not been making the connection between the world of large-scale financial, economic, and political policies and the consequentially adverse impact of those policies on their own lives.

The understanding of the deep connections will come, but it will come slowly, and it will never be a full understanding for most people. Even though I would like it otherwise, it isn't really all that important that most people will persistently lack a comprehensive grasp of the scope of the incompetence and mendacity that are the very cause of the bad times ahead.

As long as the average American finally figures out who is to blame, all is good. If that average American finally figures out who is to hang, all is even better than good.


Say what you have to say, here. This is an open thread. This post will not get deleted, and the comment facility is working (which it wasn't for my first attempt at this).

Once I've opened the espresso bar and put some snacks out for everyone, maybe we'll have a contest featuring people who try to impersonate a neo-con on the run from a noose. Or maybe we'll do one of those contests where we see who can hold out the longest from laughing when we say things like "The GOP is the party of fiscal restraint."

I did hint over on an open thread at Big Brass Blog that I might get some nude breakdancing going now that I've waxed the dance floor. I'll try to talk Peter of Lone Tree into doing a duo with me on that. If things turn rowdy, we might be able to get some kind of choreographed number going with Minstrel Boy, blackdog, Mr. Goat, and Father Tyme joining me for an interpretive dance to the music from some good, post-Apocalypse movie like Kevin Costner's, The Postman, all of this to the purpose, quite obviously, of ensuring that we still have a good time even as we descend into Hell.

Yes, indeed.



The Dark Wraith does his best to keep people from becoming too pessimistic about the misery, poverty, strife, and absence of acceptable feng shui that may be visited upon us as a nation.

<< 31 Comments Total
 Blogger Dark Wraith blogged...

From this morning's CNN.com top stories, we have the article, "Plame to testify on Capitol Hill," in which we find this absolute jewel as the opening sentence:

"Democratic lawmakers are eager to hear from outed CIA operative Valerie Plame as they try to make political fodder out of the 2003 leak scandal."

Dear God, good readers, hasn't CNN heard by now that it's okay to stop this?

Well, at the very least, I've learned from past experiences with CNN.com that I have to do a screen capture of an article of theirs when they're being naughty because of the possibility that the article will vanish once they've done their damage.


The Dark Wraith is grateful to CNN.com for legitimizing the art of propaganda.

Fri Mar 16, 08:45:00 AM EST  
 Blogger My Pet Goat blogged...

Good morning Mr. Wraith,

Given what is going on with flogger I'm assuming you're more than aware of this trend: mogger balware. If nothing else it may give some of your readers a better understanding of why it is time to leave hogger behind.

Well hey, at least it's Friday right?

Fri Mar 16, 10:17:00 AM EST  
 Blogger PeterofLoneTree blogged...

"...people who try to impersonate a neo-con on the run from a noose..."

These neo-cons of which you speak; are they the ones walking around and saying,
"No noose is good noose"?

(Gotta quit askin' questions like this; almost hurt myself fallin' outta my chair.)

Fri Mar 16, 10:19:00 AM EST  
 Blogger Dark Wraith blogged...

The Dark Wraith remains unamused.

Fri Mar 16, 10:57:00 AM EST  
 Anonymous rcg blogged...

Thanks DW, for another amazing rant (as usual) which hit on so many great points. In fact, you hit on so many great points that while reading you, I often think to myself: "hell yeah, that's right, Amen brother!, how bout that, F yeah, me too, uh huh, woah-didn't know that..", etcetera, etcetera. Damn DW, I want to comment on so many things that what happens is you overwhelm me and I often wind up commenting on little to nothing. (How, I wish I could tell it like that.)

Anyhoo, thanks for not inviting me into the nude breakdancing group. I mean it. LOL Though I might watch if you get some hot progressive chics like somewaterytart and Litbrit; and perhaps even mediagirl, Pissed off Patricia or BlondeSense - though I don't know what they look like.

And (everyone) please download Volume 2 of my video series which is now available.

RCG Volume 2. Title: Banned and Censored Video Clips and more. Runtime: 00:53min. 32 sec.

Available here: http://www.demonoid.com/files/details/1056181/1840667/

Here is a tinyurl, just in case the previous doesn't show correctly. http://tinyurl.com/3azzgn

Fri Mar 16, 07:34:00 PM EST  
 Anonymous jahf blogged...

As long as the average American finally figures out who is to blame, all is good. If that average American finally figures out who is to hang, all is even better than good.
~The Dark Wraith

I can't say I'm convinced that it will pan out that way, seeing how most average Americans supported the lynching and rape of Iraq. The on-going rape must still enjoy significant support among same said average Americans, else we would be pulling troops out of Iraq rather than planning to send more in.

If average Americans were to hang those truly responsible, more than a few average Americans would themselves be hung. For this reason, I expect them to falsely assign blame elsewhere rather than place responsibility where it properly belongs.

Sat Mar 17, 12:07:00 AM EST  
 Anonymous rcg blogged...

Hello again - one and all. Since this is an open thread, I'd like to quote something that I just read on Mike Ruppert's site, fromthewilderness.com. It's shocking and it made me think of the "locusts" post and so... it's below.

"I want to repeat something I have been saying in private emails over the last month. Personally, I am through forever with investigative journalism and public lecturing. I am leaving public life. It is my hope that by continuing to repeat this sincere position that many of the inexplicable difficulties which have dominated my life over the past months will ease." Mike Ruppert.

Mike is currently hospitalized in Toronto and "his adrenal system is severely damaged and there may be toxicity of the liver". Hmmm...Sounds to me like Mike is asking those who may have poisoned him to lay off and he will go away.

anyhoo, I'm nodding off. Here's a link if you want to read the rest of the story. http://tinyurl.com/2og4fr

G'night DW and everyone...

Sat Mar 17, 02:29:00 AM EST  
 Blogger konagod blogged...

Good morning Dark Wraith,
Damn I've missed you. Work has been consuming me for the past two week, so DWF was my first stop this morning! (Well, after checking out whatever damage I inflicted on the Virtual Bar at Shakes' last night.)

Sat Mar 17, 09:58:00 AM EST  
 Blogger Dark Wraith blogged...

Good morning, konagod.

You had me a little worried there with that post you published a few days back. It looked like a classic case of "life whip-saw": first, firm plans to make a major life change; then an unexpected twist that makes the firm plans go away. The good news is that it sounds like you've secured a great job, and as a bonus, txrad gets hired at the same place.

And now you're still publishing posts regularly, so at least one part of the universe is in good order.

Now, if only we could get the remainder of the universe to see it our way...


The Dark Wraith is working on the problem.

Sat Mar 17, 10:26:00 AM EST  
 Blogger Dark Wraith blogged...

Good morning, rcg.

In the days when I was getting beaten into the ground in an earlier cyberspace persona, I was thoroughly convinced that I would never again even so much as go near any kind of interactive environment on the Internet.

One of the worst parts of the experience was that I kept trying to do "reality checks": you know, where you tell yourself that, rationally speaking, no one's really out to get you, and it's all in your mind, and you don't want to be some obsessed 'conspiracy theory' kook, and everything's really okay. Those reality checks finally stopped working, and my loss of confidence in a broadly "rational," "objective" kind of look at how things can be took a severe diminishment. I even had to dredge up several events from when I was quite young and let go of my own dismissal of what I had seen and what I had known. The journey got bad because I had to look at both the here and now as it was really unfolding at the same time I had to look at a few things from the past that had tried to define my way of thinking but that I had set aside.

The year-and-a-half to two years I spent writing about the ancient versions of the English language was wonderful therapy. I was able to use a relatively objective base of knowledge to write extensively and even creatively, and the participants in the forum were not, for at least a very long time, particularly nasty in the sense that no one would actually hunt down and harm someone with whom there was disagreement. That finally began to change somewhat, and the ugliness--particularly that of the moderator of the forum as she dealt with some people--ultimately prompted me to leave.

Something else was a factor in my departure, too. A writer doing research for a historical fiction novel came to the message board and asked me if I had any idea what a certain Old Norse word--a proper noun--meant. The possible translation was so odd that I, myself, began to look into the story about which the lady was planning to write. Although only shards of historical documentation exist--and all of those are official writings of Church officials after the time--what emerged was a story that was truly frightful in an eerily subtle kind of way. There I was again: getting myself all wound up into "official" versus "unofficial" and "rational" versus "gut-level" understandings and perceptions of events.

So here I am, and here we are: we see what this Administration has done to the country, we know what are the likely consequences of their venality and incompetence, we know what the legions of the secular and religious Right want to do to our world, and we know very well that we're pretty much, each in his or her own way, screaming our bloody heads off in vain because the overwhelming majority of Americans would prefer to keep their heads in the sand and stick them out only when they, in their own personal lives, feel a little kick in the butt from the jackboot that's been kicking everybody's butt.

In other words, here we are; and here I am, back in a place with which I am all too familiar.

But at least we have our own blogs, rcg. That's a good thing.

Until they take those away from us.

That would be a bad thing.



The Dark Wraith has prattled long enough for now.

Sat Mar 17, 11:00:00 AM EST  
 Anonymous father tyme blogged...

DW,
"The GOP is the party of fiscal distain."

I won't yet abandon hope.

Who knows? "Tripping the light fantastic" did wonders for Belushi and Aykroyd.
All hail Terpsichore!
Anybody have a good cheap studio out there?
BTW, I've been to a number of levels of Hell and usually did my drinking and had good times AFTER coming back. But it sounds like an offer I couldn't refuse.
A one and a two...

Sat Mar 17, 06:20:00 PM EST  
 Anonymous blackdog blogged...

Off to the hospital again, be back later this PM. Things seem to be going OK.

Sun Mar 18, 01:46:00 PM EST  
 Blogger Dark Wraith blogged...

A minor note is in order this evening.

I have been working on the new version of The Dark Wraith Forums. I think I can give a fair estimate that sometime on Wednesday evening, if you come to this blog, you'll see it on its new platform. It will look a little different, but not all that much.

I am now in the part of the project where I am making it look the same as what you see here except for the parts I intentionally mean to look different (or simply cannot make the same).

If you happen to visit at the wrong time on Wednesday, you might see some really odd things going on, but those will be temporary. For example, I'll have to deploy the alternate color themes (there will be two alternatives, I hope) in the main page here to perfect them, so you might for a while see a color scheme that looks decidedly non-black.

A few minor alteration efforts will survive the official change-over. I can do those (or more accurately, try to do those) at leisure over the next week or two. The main goal is to get the Website completely functional in the new platform so I can completely, fully, and permanently cut off Blogger's access to my domain. That will, unfortunately, mean that comments will be closed in articles that were published under the Blogger platform. The articles, themselves, will survive, as will the comments posted prior to the switch-over; but because comments publish to those articles using Blogger's commenting system, there will no longer be any facility for adding new comments once the Blogger connection is finally (and with prejudice aforethought) terminated.

So, anyway, if this site looks strange on Wednesday, the problem is only temporary. Just how temporary any strangeness will be depends entirely upon how quickly I can repair mistakes I find once I go live on the new platform.


The Dark Wraith bawls, "Hang on, Nellie, we're goin' down the mountain road, an' th' brakes ain't workin'!"

Sun Mar 18, 11:20:00 PM EST  
 Blogger SB Gypsy blogged...

Good Afternoon Dark Wraith,

The Dark Wraith bawls, "Hang on, Nellie, we're goin' down the mountain road, an' th' brakes ain't workin'!"

I've been feeling like that since the republic party stole the 2000 election!

Mon Mar 19, 01:58:00 PM EST  
 Blogger Deb blogged...

Good luck, best wishes and you know I sympathize.

Happy coding!

Mon Mar 19, 03:28:00 PM EST  
 Blogger Mariamariacuchita blogged...

I finally switched, but then I do not have the awesome computer abilities you obviously have.
But I don't like the way they forced the issue.

Mon Mar 19, 04:40:00 PM EST  
 Blogger My Pet Goat blogged...

Damn it. I see I need to make a beer run for the Wraith; it gets awful quiet around here when there's no suds for Peter and Blackdog.

Wed Mar 21, 08:06:00 PM EST  
 Blogger PoliShifter blogged...

Best of luck with the transition Dark Wraith. I feel your pain.

Wed Mar 21, 09:22:00 PM EST  
 Blogger Dark Wraith blogged...

Well, good friends, I am sitting here with a mystery on my hands. Building a template that looks nearly identical to the one you're seeing right now was one thing, and making it a three-column affair was quite trying, which I always expect.

But now, I've got the stupid thing almost perfect except for one thing: it looks right on my computer and on a whole bunch of others I've used to view it, but when I look at it from several of the computers at school—nice, fast Dells with 17" flat-screen monitors at the very standard 1024x768 resolution—the confounded center column is pushed down to the bottom, but I'm not seeing this on ANY OTHER COMPUTERS ANYWHERE, EVEN ON THE ONES ELSEWHERE CONFIGURED IDENTICALLY!!!

It's supposed to be working looking nice at any resolution of 1024x768 or higher, and it does, except for when I look at it on those several Dell machines.

DumbDells.

I cannot for the life of me figure out what in the Dell is going on.

I'm thinking to myself, "Well, Hell's Dells, maybe I need to start again from scratch and build the three-column thing again from scratch using an alternate architecture." Then again, I keep thinking to myself, "I know I've done the mathematics correctly, and I need to stand firm with what I know is right, come Dell or high water."

But I'll tell you all one thing right now: there's got to be a special place in Dell for computer designers that send incompetent hacks like me into fits of bad pun-making.


The Dark Wraith is on the verge of Dell-irium.

Wed Mar 21, 10:01:00 PM EST  
 Blogger PeterofLoneTree blogged...

Kinda had me worried there with your ranting and raving about Dell, for I thought that perhaps they might seek some sort of vengeance. But then I sorta remembered an old saying. Something about,
"Dell hath no fury..."

Thu Mar 22, 09:50:00 AM EST  
 Blogger SB Gypsy blogged...

Good Morning Dark Wraith,

If it was a laptop and you sent it back for service, it could go to Dell in a handbasket.

Thu Mar 22, 11:12:00 AM EST  
 Blogger Dark Wraith blogged...

The Dark Wraith fears that he has started one Delluva punfest.

Thu Mar 22, 12:07:00 PM EST  
 Anonymous Moody Blue blogged...

"Do not ask for whom the Dell foils,
it foils for thee."

Thu Mar 22, 06:24:00 PM EST  
 Anonymous Anonymous blogged...

*Groans at the puns and clicks quickly away.

Alright, so maybe there were some chuckles on reading so many, but I'm not going to admit it.

Thu Mar 22, 06:55:00 PM EST  
 Anonymous father tyme blogged...

Wow, that was one Dell-of-a post!

Fri Mar 23, 08:16:00 AM EST  
 Blogger My Pet Goat blogged...

Alright, so maybe there were some chuckles on reading so many, but I'm not going to admit it.

Not even if Dell freezes over?

Fri Mar 23, 11:26:00 AM EST  
 Blogger My Pet Goat blogged...

Here's one network the Dark Wraith won't use come dell or high water:

8 Signs Giigle is Planning to Build a National Wireless Network

Fri Mar 23, 11:44:00 AM EST  
 Blogger Dark Wraith blogged...

grr.

Fri Mar 23, 01:03:00 PM EST  
 Blogger PeterofLoneTree blogged...

"Dark Wraith said...
grr."

Ye Shall Reap As Ye Have Sown.

Fri Mar 23, 04:12:00 PM EST  
 Blogger PeterofLoneTree blogged...

And, from :
(bold emph.-PoLT
State officials in New York have detected a substance used both as a rat poison and anti-cancer drug, Aminopterin, in samples of suspect pet food.
No explanation was given as to how the poison entered the food or when in the process the dog and cat foods became contaminated. Neither State nor Federal law enforcement agencies have indicated any criminal investigations are planned.
According to Wikipedia, Aminopterin (4-aminopteroic acid) is a 4-amino analog of folic acid. It is a substance with properties that suppress the immune system (lower anti infection system strength in the body) and is commonly used in chemotherapy.


From
Merriam-Webster Online:
One entry found for pterin.
Main Entry: pter·in
Pronunciation: 'ter-&n
Function: noun
Etymology: International Scientific Vocabulary pter- (from Greek pteron wing) + 1-in; from its being a factor in the pigments of butterfly wings
: any of various compounds that contain the bicyclic ring system characteristic of pteridine

I have Ph.D in Conspiracy Theory but I'm kinda scant when it comes to biology. Biology majors are welcome to reassure me that the Custodians weren't just testing the "food" on animals before they tried it out on humans.

Fri Mar 23, 04:42:00 PM EST  
 Anonymous father tyme blogged...

PoLT,
Achtung! Herr Doktor! I think the Chinese are exporting their future.
If they slowly poison all of us, not necessarily with just "poison", starting with the animals, there's gonna be some kinda fear and panic in the streets; just what W wants while he and his friends sip guava juice in Paraguay.
Next it'll be something from Wally-World imported from the land of the panda.
I'm looking at a major rash-causing irritant in knock-off toilet paper!
I think they'll do it just to show us they can be a real pain in the ass.
Back to leaves and stones and twigs!

Sat Mar 24, 07:21:00 AM EST  

       

Saturday, March 10, 2007

Editorial:
The Pardon Problem

I. Lewis "Scooter" Libby, formerly the Chief of Staff to Vice President Richard Cheney, was convicted last week on four counts of lying to FBI investigators and a grand jury about when he disclosed to outside sources that Valerie Plame was a non-official cover CIA operative. The most serious of the charges upon which he was convicted was obstruction of justice in the investigation of the circumstances that led to the outing of Ms. Plame, whose husband, Joseph Wilson, had investigated and publicly debunked claims by the Bush Administration that former Iraqi President Saddam Hussein had tried to procure partially processed uranium from Niger.

The White House had been using the mainstream media, particularly certain reporters like Judith Miller of The New York Times, to promote a largely false case for waging war on Iraq based upon claims by Administration officials that Saddam was seeking to procure, develop, and deploy nuclear, chemical, and biological weapons of mass destruction. Evidence put into the record at Mr. Libby's trial confirms long-standing suspicions and open allegations that the White House, faced with challenges to the credibility of its representations regarding the Iraqi dictator, engaged in a systematic pattern of revenge upon critics who had evidence or belief that the Administration's case was, at best, overblown and, at worst, entirely fabricated. The outing of Ms. Plame sent a strong signal to the intelligence community that taking public exception to the White House would be at the high risk of professional and possibly even personal harm: an exposed undercover operative, as well as his or her contacts, faces permanent, possibly life-threatening dangers after being revealed, and few career employees, especially those working in law enforcement at the national or international level, would be willing to bear such dangers merely to express a judgment in dissent to the highest ranks of a powerful, single-minded, vengeful Executive Branch.

Mr. Libby has vowed through his attorneys to seek a retrial and, failing to obtain such, has vowed to appeal his conviction in federal court. In fact, the appeal of the conviction is automatic; but the point of Mr. Libby's stance is that he will not take the adverse judgment of the federal jury lying down. The arguments he will set forth in seeking retrial are still to be fully formed, as are the arguments that will be placed before the Court of Appeals. As a matter of statistics, the likelihood of Mr. Libby being granted a retrial are slim, and the prospect that an Appeals Court will find substantive error in the trial is even more so.

In the absence of relief in retrial or appeal, Mr. Libby faces a maximum of 25 years in prison and a fine of one million dollars. While it is unlikely that the presiding trial judge, Reggie Walton, will "throw the book" at the convict, it is equally unlikely that Mr. Libby will altogether avoid serving prison time and paying a huge amount of money in fines. As a so-called "white collar criminal," and especially one who served at the behest of a sitting President of the United States, Mr. Libby's prison term would be served in a minimum security facility (with thanks to Richard Crane for pointing out that the camp originally suggested in this article is now closed). While nothing like living as a free person, the convict serving time in such a facility certainly does not suffer many of the deprivations and physical dangers that those serving in higher-security prisons face day in and day out. Although references to 'minimum security golf resorts' abound (one prison administrator describes his minimum security facility as "Camp Cupcake"), Mr. Libby would probably prefer to choose his own golf courses and foursome partners, so he'll make every effort to avoid what would otherwise be a stint in the gilded confines of a minimum security federal prison, comfortable as it might be.

Absent the retrial or overturn of his conviction on appeal, Mr. Libby's only chance of avoiding the certain, permanent stain of being a convicted felon and the near-certain, fairly long pain of confinement is an official pardon for his criminal acts by the President of the United States. Article II, Section 2 of the U.S. Constitution reserves to the sitting President the privilege of "Power to Grant Reprieves and Pardons for Offenses against the United States except in Cases of Impeachment." The language is clear, simple, and without recourse by those who might object to any particular case in which the President has granted clemency. Presidents, including the incumbent, have used this power with greater or lesser liberality, particularly in the waning days of their Administrations, when personal political backlash would be minimal or when legacy of mercy was being burnished. The constitutional provision is given procedural specificity by Part 1 of Title 28 of the Code of Federal Regulations, which sets forth the way in which a convict may seek, through the Pardon Attorney in the Department of Justice, clemency from the President. While quite specific, the statute is entirely non-binding upon the President, who may, at his or her discretion, choose to partially or wholly circumvent the process set forth therein. Even at that, though, it is quite likely that Mr. Libby, having exhausted all personal avenues of possible exoneration, would follow the steps prescribed in Title 28, provided President Bush had not already pardoned him.

While many commentators have expressed the opinion that a Presidential pardon (the highest of possible grants of clemency) is almost certain for Mr. Libby, such mercy granted by Mr. Bush would be highly problematic for those in an Administration hoping that the conviction of Mr. Cheney's former Chief of Staff is the official end of the so-called "Valerie Plame Scandal."

Any pardon Mr. Bush would grant Mr. Libby would have to be broad in scope, expressly protecting the latter from future prosecution on charges related to, but separate from, those for which he was just convicted. Such protective wording of a pardon would be along the lines of "...any and all acts carried out in the course of duties." While not rising to the level of so-called "blanket" immunity (exempting the individual from prosecution for any prior acts), such a pardon would have the effect of being an extraordinarily broad "use" immunity to keep any future investigation from leading to charges against Mr. Libby for what he did for and at the behest of higher White House officials. In other words, in any future trials involving White House officials who were part of the smear campaign against Valerie Plame and her husband, Mr. Libby's pardon would have to ensure that he would not face "jeopardy" in both the common and legal senses of that word.

But therein lies the problem: in any future legal proceeding, be it at the level of a federal grand jury, in a District Court, or before a congressional commmittee, Mr. Libby could not decline to respond to any question by invoking the Fifth Amendment, which would otherwise protect him from being compelled to give self-incriminating statements. Mr. Libby could, in fact, not incriminate himself in any manner that would lead to jeopardy for him.

Worse, if he were to decline to speak fully and truthfully anyway, he could at a minimum be charged with contempt of court and quite probably also be charged with obstruction of justice; and no such charges against him would be covered by the Presidential pardon because they were ex post acts in transgression of law and were committed subsequent to his "official duties" since he is no longer an officer of the Executive Branch.

Even future claims by Mr. Libby of defects in his memory of certain events would surely lead to punishment because that defense had already been rejected at trial and could not be revisited by Mr. Libby in future proceedings. To do so would virtually ensure a finding of contempt of court were he to persist in representing that he could not remember when events occurred.

Granted a Presidential pardon, then, Mr. Libby would be an extraordinary legal danger to those in the White House who directed, participated in, or subsequently obstructed the investigation of the Valerie Plame Scandal. A Presidential pardon broad enough to protect Mr. Libby would turn him into a veritable treasure trove of information awaiting responsible congressional and law enforcement authorities willing and able to fully extract from him what he most certainly knows about the possible criminal acts of Administration officials who, in their wildly imaginative case for war, used the power of their offices to wreck those who knew they were lying.

Key, however, to Mr. Libby's possible future role as an informant with no meaningful right against self-incrimination is a thorough investigation, followed by a comprehensive prosecution of all involved. That federal prosecutor Patrick Fitzgerald was inadequate to that large, grave, and necessary work must not disabuse other officials of what is not merely their constitutional duty, but is more to the point their moral obligation to right this one of many wrongs committed by an Administration unfettered by any internal sense of its own responsibility to adhere to the rule of law.



The Dark Wraith encourages President George W. Bush, in the spirit of mercy and friendship, to pardon I. Lewis "Scooter" Libby.

<< 37 Comments Total
 Blogger The Minstrel Boy blogged...

Good Afternoon Dark Wraith:

I showed my cousin, the brilliant attorney, your little brain teaser from when the pardon first came out. He said:

It's really very simple. If Libby was given a pardon sweeping enough to ensure that he was not a defendant in any future actions he would have no fifth amendment protections, if he were already pardoned there can be no self-incrimination. It would make it impossible for him to protect anyone else also. If he tried to refuse to answer any questions he could be jailed indefinately for contempt. If he lied, it's a new perjury and prosecutable. He would be an investigating prosector's dream.

Still, I think this whole thing is over. Stupidly and badly done, but over. There are some civil actions being taken by the Wilsons, but they most likely will be settled quietly and quickly. After all, Joe and Valerie don't want anything to distract them from their book deals.

Sat Mar 10, 05:52:00 PM EST  
 Anonymous blackdog blogged...

I can only hope you are wrong, I hope that the Wilson's have an ace up their sleeve to play against this monstrous pos misadministration. The civil suit may reveal even more, and there are several other investigations either going on or about to start. Give it a few months and lets see what has happened. Iraq a stable democracy, Pakistan a state, Iran sucking on a thumb, Pakistan giving up it's nuclear program, the USA acting like a world partner.

Time for bed for me.

Sat Mar 10, 07:17:00 PM EST  
 Anonymous dumb blackdog blogged...

Meant Palestine, oops.

Sat Mar 10, 07:19:00 PM EST  
 Blogger My Pet Goat blogged...

A Presidential pardon broad enough to protect Mr. Libby would turn him into a veritable treasure trove of information awaiting responsible congressional and law enforcement authorities...

Responsible? Heh, if only there were some.

Sat Mar 10, 08:53:00 PM EST  
 Blogger Dark Wraith blogged...

Good evening, Mr. Goat.

Well, yes. Both you and Minstrel Boy are echoing my own frustration-turned-to-utter-cynicism about the congressional Democrats.

It's not like other acts of the Bush Administration are any less the dagger on a silver platter, but a pardon of Libby would be like taking the dagger off the platter, putting it in the Democrats' hands, and explaining to them exactly where to put it in this vile Administration's Right buttock.

And all of the fawning over Patrick Fitzgerald is enough to make me eat high-roughage vegetables. I swear, the man burns up a tiny fraction of what Ken Starr used in public money and thereby gets nothing more than a weasel. Then the twerp has the gall to talk about how law enforcement simply can't deal with some criminal issues.

God, how dare he? The same federal prosecution racket that sends tens of thousands of people, some of whom are far more stupid than criminal, up the river every year just can't seem to wrap itself around the biggest criminal conspiracy that's ever posed as an incumbent Executive Branch of the United States.

Lord!

Grr.


The Dark Wraith needs to take some blood thinner.

Sat Mar 10, 10:30:00 PM EST  
 Anonymous Richard Crane blogged...

The federal prison camp at Eglin AFB has been closed for at least a year. I had many white collar clients serve time there when it was operating and the only way they got on the golf course was when they were assigned to cut the grass.

Sun Mar 11, 11:23:00 AM EST  
 Blogger Dark Wraith blogged...

Good morning, Richard Crane.

You are correct: the camp at Eglin did, indeed, close some time back. It was in the very early phases, when Fitzgerald's gunsights had turned to Libby, that Eglin was brought up to me as a place where an Administration fall guy would go. I most decidedly should have updated my information (which I shall now do) since the speculation seems to be centering (I think) on a federal minimum security facility in West Virginia, a place about which I know nothing, even though it isn't far from where I lived a long time ago. With a guideline "offense level" of 20, he's not going to be incarcerated for all that long, and he's not going to be in anything close to a serious place of confinement. Although the minimums are not officially scaled, the system certainly puts the white-collars to different places based upon factors that look favorable for Mr. Libby.

As to the golfing reference, leaves of this type were surely allowed in the past for "good behavior." An attorney who was a good friend of mine took the fall for bad guys and served time in a camp. Although he worked quite hard there on his assigned chores, he specifically described the leaves as a large part of what kept him from despair. Whether or not at some facilities off-camp leaves are typical, the minimum security penal system is, in general, not geared to the absolute regimented confinement of inmates in the same uncompromising punitive manner of medium- and maximum-security facilities (the kind where I joylessly spent more time than I cared to as a teacher).

I definitely appreciate your points on this article, and I shall make several editing adjustments forthwith.


The Dark Wraith will now try to crack open the editing window in this beastly Blogger mess of a publishing platform.

Sun Mar 11, 12:17:00 PM EST  
 Anonymous oldwhitelady blogged...

Good afternoon, Dark Wraith.

After reading your article, I can see why it could be a good thing to pardon Libby... and, after reading your article, it's quite clear that he most likely won't be pardoned... and that's all right by me:) I'd like to see a lot more (of the whole whitehouse bunch) get jail time.

Sun Mar 11, 08:42:00 PM EST  
 Blogger Michael Emmanuel blogged...

DW thanks for your thoughtful article about this unbelievable situation. Does blood thinner work? I just go to my piano and forget about the whole damn thing.

It's amazing how justice is postponed in so many cases with these people, yet the wieght of lies seems to grow everyday and perphaps will grow to the point of collapse as more and more people wake up to the effects of and are effected by these delusions.

You help bring a bright light and for that I'm grateful.

Mon Mar 12, 06:41:00 AM EST  
 Blogger SB Gypsy blogged...

Good Morning Dark Wraith,

That makes sense, and has given me a reason to be disappointed whether he's pardoned or not. *heh*

Now all I have left is a dream of an alternate universe where justice reigns and GW will be arrested and dragged before the world court in chains to answer charges of crimes against humanity.

It doesn't look like that will happen here.

And I fear we've failed to keep our republic safe, too.

Mon Mar 12, 11:55:00 AM EST  
 Anonymous snuffy blogged...

good afternoon, Dark Wraith,

Buried,and all but forgoten,there exists a small document,folded and sealed.This document might improve your opinion of Fitzpatric.He has reffered to his grand jury as "inactive",not dead,and awaiting more information.....It all rests with what I. libby decides is his best deal,

1. Take one for the neocon team

2.Talk

Mon Mar 12, 05:07:00 PM EST  
 Blogger My Pet Goat blogged...

Both you and Minstrel Boy are echoing my own frustration-turned-to-utter-cynicism about the congressional Democrats

Big frigging echo isn't it? I'm getting so ducking fisgusted with these spineless twits. Course I never honesty believed it would be any different; just hoped it would be. Maybe tomorrow, eh?

Tue Mar 13, 01:13:00 AM EST  
 Blogger Dark Wraith blogged...

Good evening, Mr. Goat.

There's always a tomorrow, of course. Whether or not it's better than today depends upon how much the politicians believe their own butts are on the line.

Mr. Lieberman now has another six years to cause mayhem, thanks to the voters of his fine state. I do hope they're proud of themselves.

On the other hand, Sen. Lieberman has an excuse for his behavior: he's a craven, self-serving, Bush-butt-licking twit hoping for the Veep slot on the McCain Jackboot Parade. Other Democrats who are acting like wusses don't have such an excuse. They seem to be awaiting permission from the mainstream media to take on this corrupt Administration.

Perhaps they're afraid Ann Coulter will speak harshly of them if they pretend too much to have a spine.

All is not lost though. A couple of seriously noisy Democratic Presidential candidates in the run-up to 2008 will give the more "moderate" candidates the opportunity to fish or cut bait. I do so wish Feingold had run, if only to put pressure on Obama, Clinton, and Edwards to show whether or not they were willing to get serious in dealing with Bush and Cheney.

My only hope at this point is that Kucinich will get taken seriously, or that Clark, who has never been one to shy away from a little media showboating, will dive in and take the hard line on Bush. I doubt that such will happen, but there's always hope.

Of course, there's always hope that donkeys will fly, too, although I've yet to see much in the way of aerodynamics among the current crop of Democratic donkeys thus far.

Time will tell, though.


The Dark Wraith will keep an eye on the sky.

Tue Mar 13, 01:36:00 AM EST  
 Blogger PeterofLoneTree blogged...

"The Dark Wraith will keep an eye on the sky."

Keeping all the "bases" covered?

Tue Mar 13, 09:14:00 AM EST  
 Blogger Dark Wraith blogged...

Good morning, Peter of Lone Tree.

I was thinking that perhaps we should set up a donkey airport for soaring Democrats who want to land and refuel.

Returning to Earth after their recent electoral victories might be good for them. That recent 100 hours of legislation PR move was pretty good, but I haven't seen a whole lot of meaty results come from it.

(And raising the federal minimum wage is all well and good, but it would be even nicer if there were some real jobs to go with it. You know: the kind that actually pay enough for food and shelter in the same month.)

Okay, okay. I'm being harsh. The Democrats have been handed a modicum of say in an economic, military, and political situation that has been turned into the sovereign equivalent of a village where rampaging elephants have been making their base of operations.

Nevertheless, if we don't put a fire under these Democrats' fannies, they're never going to gain airspeed, no matter how long we make the airstrip at the refueling station.


The Dark Wraith might have to see if we can get some jet fuel to pump into some donkey butt.

Tue Mar 13, 09:32:00 AM EST  
 Blogger PeterofLoneTree blogged...

"The Dark Wraith might have to see if we can get some jet fuel to pump into some donkey butt."

Bungtongueboy would be only too willing to...oh, wait a minute; you said jet fuel.

Tue Mar 13, 10:49:00 AM EST  
 Blogger My Pet Goat blogged...

Of course, there's always hope that donkeys will fly, too, although I've yet to see much in the way of aerodynamics among the current crop of Democratic donkeys thus far.

The fossil record clearly shows that any creature that has flown has had a spine. Either that or they're related to a cockroach.

Top House Democrats retreated Monday from an attempt to limit President Bush's authority for taking military action against Iran as the leadership concentrated on a looming confrontation with the White House over the Iraq war.

The latter obviously.

Tue Mar 13, 12:25:00 PM EST  
 Blogger Dark Wraith blogged...

Good morning, once again, Mr. Goat.

I trust you recall my poem from several days ago in the "Quoth the Dark Wraith" sidebar panel.

The key is the passage about the moon.


The Dark Wraith phases out.

Tue Mar 13, 12:29:00 PM EST  
 Anonymous blackdog blogged...

For all of us who are upset at the lack of fortitude from democratic types, here is a must read from a news conference with Senators Schumer and Feinstein over the US AG fiasco (firing attorneys) from tpmmuckraker:

http://www.tpmmuckraker.com/archives/002740.php#more

Maybe by spontaneous generation a spine is growing, or is it just the unbelieveable stunts these shrub fools keep stepping in?

Tue Mar 13, 01:53:00 PM EST  
 Blogger My Pet Goat blogged...

I trust you recall my poem from several days ago in the "Quoth the Dark Wraith" sidebar panel.

I must have missed that one. A repost in the offing?

Blackdog, me thinks a bone spur at best.

The only spontaneous generation of a spine will be when the fucktards screw up sooo bad that that they implode, creating a mirage that only makes it look like the dems have grown a spine. Nothing more than the straw that broke the camel's back in reverse.

Tue Mar 13, 03:30:00 PM EST  
 Blogger PeterofLoneTree blogged...

"I trust you recall my poem from several days ago in the "Quoth the Dark Wraith" sidebar panel.
The key is the passage about the moon."
-- DW

Here It Is:
Quoth the Dark Wraith:
"The world's been quiet
an' still as a tomb.
'Tis trouble, I say,
an' it's comin' soon.
Brace yerselves, laddies,
them demons loom.
The night sky's tellin':
look up at th' moon.
Tranquility ends
wi' a flash an' "BOOM"!"


Okay, I'm going to ask you point blank: Has somebody blown up Tranquility Base? And if so, WHO? Humans? Others? Anybody got a strong telescope?

Tue Mar 13, 03:37:00 PM EST  
 Anonymous blackdog blogged...

Peter, I've got a 10" SC but it's cloudy today and the moon is rapidly waning. Anybody messes with Tranquility Base has to pass a biting blackdog.

Tue Mar 13, 04:19:00 PM EST  
 Anonymous blackdog blogged...

I don't know for sure, goat but the shit sure seems to be hitting the fan today.

Let's raid the Dark Wraiths chips and wine again tonight!

In celebration of Gonzales' total screwup today, we should have some decent salsa to go with the chips.

I'll bring a few alfalfa cubes. And some bones, not spinal, not spurs either.

Maybe a sack full of poison ivy and honeysuckle, a goat's favorite treat.

Tue Mar 13, 04:27:00 PM EST  
 Blogger PeterofLoneTree blogged...

"...it's cloudy today and the moon is rapidly waning....the shit sure seems to be hitting the fan today." blackdog

Reason for clouds?:
Chem trails gone wild in MI

And, maybe the boys on Wall Street are getting the drift:
Subprime loan woes trigger stocks' slide.
Last I noticed, the DJ was off 212 points.

Tue Mar 13, 04:45:00 PM EST  
 Anonymous blackdog blogged...

It's official, I'm stoopid, 69% stoopid to be correct. But that doesn't mean I'll ever really shut up, stoopid folk need to holler loudly.

I'll be paying some attention to the evening news today to see just what the MSM overpaid morons are saying about the shit that has hit the fan today.

I may pop some corn and have a beer, but that depends on the bipedal one, he is such a moron. But he does feed me well.

BTW, you should cut that Lone Tree now since it blocks sunlight for all that corn destined for ethanol, and my 12,000 lb SUV.

Then you would just be Peter.

Ever been to Lone Pine? If you watched some westerns you have.

Best regards to a most interesting fellow.

Tue Mar 13, 05:07:00 PM EST  
 Anonymous father tyme blogged...

DW,
I think the Donkey may be an extremely apropos symbol of the current Democratic Party; a sterile animal with no capability to sire offspring; doomed to one generation; content to pull the wagons of its master.

On the other hand the elephant quite rightly symbolizes the Republicans; large beast needing huge amounts of feeding; trumpets loudly but afraid of small things; leaves huge amounts of waste behind and trogs merrily on its way with no concern for its surroundings.

Tue Mar 13, 05:13:00 PM EST  
 Anonymous blackdog blogged...

Father, for the first time I tend to disagree. Oliphants have brains at least twice the size of ours and communicate with each other over distances with low frequency sound that we can't hear. They mate for life and are a matriachial society. Kill the old Mom and the tribe goes to hell. In my limited opinion, Olipants should rule this planet. Their vast amounts of digested crap fertilize the savanna and provide the sustanence for the rest of the ecosystem. Father, I don't mean this with vengence but with support. You are one of the more important individuals out there for me.

That repukeicans have used an honarable creature for their logo is strange in these times.

Oliphants you can figure are mysterious, but a jackass it predictable.

I tend to vote jackasses, for better or worse.

Tue Mar 13, 06:29:00 PM EST  
 Anonymous father tyme blogged...

blackdog,
No problem with the disagreement.
My comment about the donkey was aimed at the current crop who seems to have forgotten how they got there.
As to the Oliphants, the analogy was to the huge amount we have to spend to keep them. It takes a hell of a lot of peanuts to feed just one Oliphant! And guess who pays for those peanuts?
And about their droppings providing fertilizer, that's too reminiscent of Ronnie's "Trickle-Down Theory". We get to pick through what's left.
And there's also no problem with them using an honorable animal; but just as everything else they've appropriated over the years, they've lessen the value of their mascot.
Some of my best friends are Oliphants; dumber than donkeys, but friends.
It's refreshing that we can disagree, unlike our Republican counterparts. Shows that we all have individual thought and aren't just automatons like them 'uns!
Thanx.

Tue Mar 13, 07:09:00 PM EST  
 Blogger My Pet Goat blogged...

Quoth the Dark Wraith:
"The world's been quiet
an' still as a tomb.
'Tis trouble, I say,
an' it's comin' soon.
Brace yerselves, laddies,
them demons loom.
The night sky's tellin':
look up at th' moon.
Tranquility ends
wi' a flash an' "BOOM"!"

Sounds like eclipse time in Pitch Black.

Tue Mar 13, 08:56:00 PM EST  
 Blogger Dark Wraith blogged...

An excellent movie, Mr. Goat.

So, too, was Chronicles of Riddick, perhaps the last (so far) of the truly high-end science fiction movies of this decade (other than Star Wars, which was wearing a little thin for me).


The Dark Wraith misses the great science fiction movies of the 1980s and 1990s.

Tue Mar 13, 09:06:00 PM EST  
 Blogger Dark Wraith blogged...

Good evening, good readers. I have put the following announcement in "The Dark Wraith Recommends" sidebar panel.

--------------------
Google has apparently finally decided to force people using the Blogger publishing interface to switch to its new level of incompetence called "New Blogger," which will never be used here at The Dark Wraith Forums. While this blog and all of its contents are being migrated over the next several days to a publishing platform fully under my control, readers can find my latest writings over at Big Brass Blog, where I just published an editorial that was excerpted from what was supposed to be an "Open Forum" post published here tonight. Unfortunately, the fine people at Google seem to have decided that tonight was the night to git tuff on people who don't want its latest incarnation of the thundering incompetence it has displayed as a blog publishing platform.

I shall grant that it is most generous of Google to now be in the business not only of making their abominable publishing platform even more so, but also of making their abominable service nice and standardized to help officials who want blog code free of impediments to their snooping.
--------------------

Google has apparently not yet cut off commenting from outside its New Blogger setup (which some are claiming almost forces anyone wanting to comment to sign up for a Google/gmail account, but I don't know one way or the other about that).

I'll be able to interact with you here in the comments for this post, and I'll also continue to publish content over at Big Brass Blog, so I'm not vanishing; I'm just grousing as I have to wait for the new computer to arrive so I can get the coding completed and tested for the switch-over of The Dark Wraith Forums to the new publishing platform (which will be NucleusCMS, the same as you see over at B3).


The Dark Wraith would really, really like to kick some Google booty up and down the stairs right about now.

Wed Mar 14, 01:14:00 AM EST  
 Anonymous blackdog blogged...

Wow, from the Dark Wraith himself with no punches pulled.

Forgive me Father, for I may have sinned. You will always be way up there on my list.

Wed Mar 14, 02:52:00 AM EST  
 Blogger My Pet Goat blogged...

So is there some sort of sign in or registration process at the BBB in order to comment?

Wed Mar 14, 05:09:00 PM EST  
 Blogger My Pet Goat blogged...

Strange, your newest thread on leaving google just vanished. You testing a new anti-incrimination tool?

Wed Mar 14, 05:31:00 PM EST  
 Blogger Dark Wraith blogged...

Good evening, Mr. Goat.

Well, isn't that just special?! I didn't even notice that it was gone until I read your comment on this thread. Do you know how long it took me to figure out how to put that post directly into the index file without disrupting the rest of the blog?

Cripe. Blogger still has access to the index file here, and I won't be able to shut down that access until I've secured all the archives and terminated the comment streams for these final few articles.

Apparently, I am no longer allowed to publish articles through the old Blogger platform, but Google seems to believe it has the right to remove content, even though everything I have is on my own servers, not theirs. And it's interesting that my sidebar flame is still there, but that's probably because that content is called by an AJAX script from another file.

GOD ALMIGHTY! This just makes my butt ache.


The Dark Wraith needs to get this blog out of Google's way before he starts channeling some Scythian god of war.

Wed Mar 14, 09:11:00 PM EST  
 Blogger PeterofLoneTree blogged...

The Dark Wraith needs to get this blog out of Google's way before he starts channeling some Scythian god of war.

This Babe, who's an old friend of mine, said she'd help you out if you need it. She's gotta couple of "sisters" that hang out with her too and they don't take shit offa nobody.

Wed Mar 14, 11:07:00 PM EST  
 Blogger Dark Wraith blogged...

For those who've never seen her, this is badb catha.


The Dark Wraith thinks she's quite lovely... in a frightful sort of way.

Wed Mar 14, 11:49:00 PM EST  

       

Saturday, March 03, 2007

Analysis:
The Economics of Wreckage, Part One

This is the first of a three-part series on macroeconomic financial effects of the Presidency of George W. Bush. On Tuesday, February 27, 2007, stock markets around the world dropped precipitously, led into the vortex by China, where the Shanghai Stock Exchange lost almost nine percent of its value. Major stock indices in the U.S. followed suit, wiping out recent gains that had brought forth breathless praise from the mainstream media about near-record highs that were nothing more than a brief, illusory departure from the pattern of abysmal real returns that common stock portfolios have offered investors over the past six years.

This first part of the series is the latest in a continuing program of index portfolio analyses that have been an on-going project here at The Dark Wraith Forums. Readers who have followed previous installments may recall that negative or miserably weak positive returns on equity index investments have been the typical outcome of these calculations in the past. Only in the last installment, published just after the sixth anniversary of President Bush's inauguration in 2001, did even one of the major indices, the Dow Jones Industrial Average, register a barely positive annualized real rate of return over the six years, and the decline in that and the other U.S. indices served to bring all three of the averages surveyed here back into line with the overall negative performance they have displayed over the tenure of the Bush Administration.

This first part, then, is a reminder to all who would offer even a modicum of praise for the Bush Administration's record as the steward of the American economy. Financial markets do not lie. They do not fabricate numbers, nor do they manipulate quantitative outcomes to suit the public relations purposes of the neo-conservatives; instead, the inflation-adjusted returns on investment in the three major stock indices of the United States calculated and presented below deliver the stark, objective assessment generated from trillions and trillions of trades involving nearly incomprehensible amounts of money: the Bush Administration has been an engine of financial depletion of the value of claims on ownership in American companies publicly listed by the three largest, most comprehensive stock indices.

The second part of this series will provide a standard, relatively simple macroeconomic model of the distribution of spending that comprises the total national income of a country, and that model will be applied to explain the way in which the United States government has financed hundreds of billions of dollars in deficit spending through the use of its trade deficits, particularly those it has run with China, which has for years deliberately manipulated the exchange rate of its currency, the yuan, with the U.S. dollar to the end of causing American greenbacks to flow to the central bank of China, which then used those dollars to finance the staggering budget deficits the Republicans have created year after year.

The third part of the series will review the dynamics by which the U.S. trade deficits with China have fostered the conditions the Bush Administration exploited to maintain abnormally low tax rates concomitantly with profligate spending, particularly on wars of opportunity. That third installment will conclude with the explanation of why the Shanghai stock market necessarily had to crash and what will be the likely consequences of recent economic events on the long-term prospects of a United States weakened by the irresponsible incompetence of the Bush Administration and its Republican cohorts who, until just recently, served as the exclusive, if unworthy, stewards of a nation that could have been far better off than it will be as the incontrovertible result of their time in power.


Responsibility Assigned
George W. Bush became the 43rd President of the United States on January 20, 2001. Until January 4, 2007, when the Democrats took control of both the U.S. House of Representatives and the Senate, the Republicans had controlled both the Executive and Legislative branches of the federal government, save for a brief period in mid- to late-2001 when a Republican-turned-Independent caused an even split in the Senate. Over the past six years, then, the financial house of this country has been in the virtually uninterrupted hands of the GOP, during which time the federal government went from running growing budget surpluses in the last years of the Clinton Administration to bleeding hundreds of billions of dollars in red ink every year under President George W. Bush and his congressional allies.

The Republican Party, through its legislators in Congress and its President in the White House, has overseen the abysmal performance of the U.S. stock markets, which represent the overwhelming bulk of the value of all public ownership of American corporations. It is in the stocks traded on these exchanges that much of the wealth of the nation is invested by everything from huge pension and mutual funds to individual speculators.

The GOP has no one but its own elected representatives to blame, notwithstanding any possible obfuscation by its elected representatives or their apologists in the mainstream media or among the tap-dancing ranks of the Right-wing punditry brigade. Republican economics has been a failure: it is based upon budget deficit-driven fiscal stimulus financed by trade deficits that have had the effect of causing the sell-off of the American capital base, which America's trading partners have then lent back to the United States government to finance its budget shortfalls. The irresponsible policy pursued by Mr. Bush, the Republicans in Congress, and their neo-conservative pseudo-intellectual backers is a twist on Keynesian economic policy prescriptions, but true Keynesians would never have abided fiscal health-draining deficits for more than a short period of time, and they never would have even so much as suggested hocking the American economy to an enormous, mercantilist-Communist country that has cynically, systematically distorted exchange rates to draw American dollars and jobs from America's shores.

Index Portfolio Performance during the Bush Administration to Date
As of (and including) Friday, March 2, 2007, George W. Bush had been President of the United States 2,233 days. As pointed out above, responsibility for the huge federal budget deficits year after year that have hallmarked the rule of the Republicans rests squarely with their party, its legislators in Congress, and the policy-makers in the White House, including George W. Bush, himself. Similarly, the Republicans have no one but themselves to blame for what is shown below to have been an unconscionable erosion of the purchasing power of dollars invested in the three largest U.S. stock indices over the six years that George W. Bush has been President of the United States.

From the first day of trading, January 22, 2001, after President Bush became the 43rd President of the United States, until the last trading day, March 2, 2007, before the publication date of this article, the performance of the major stock markets—measured by the index portfolios of the Dow Jones Industrial Average, the Standard & Poor's 500, and the NASDAQ Composite—has been abysmal: all three indices have delivered negative real returns on investment over the term of the past six years.

January 22, 2001, was the first day of trading after Mr. Bush became President. The three major stock market indices stood at the following levels at the close of trading on that day:

January 22, 2001, Index Closing Values
Dow Jones Industrial Average10,578.24
Standard & Poor's 5001,342.90
NASDAQ Composite2,757.91


At the close of trading on Friday, March 2, 2007, these same three averages stood at the following levels:

March 2, 2007, Index Closing Values
Dow Jones Industrial Average12,114.10
Standard & Poor's 5001,387.17
NASDAQ Composite2,368.00


If an investor were to have formed a portfolio based upon each of these three indices and managed each portfolio in terms of composition and balance to mirror the relevant index, the investor would have earned the following total nominal returns on investment over the 2,233 days from January 22, 2001, to March 2, 2007:

Total Nominal Portfolio Returns from 1/22/2001 to 3/2/2007
Dow Jones Industrial Average14.52%
Standard & Poor's 5003.30%
NASDAQ Composite-14.14%


Expressing these returns on an annualized (that is, "percentage return per year compounded") basis, the nominal results just presented are as follows:

Annualized Nominal Portfolio Returns from 1/22/2001 to 3/2/2007
Dow Jones Industrial Average2.24%
Standard & Poor's 5000.53%
NASDAQ Composite-2.46%


The above are nominal (that is, "not corrected for inflation") results. Taking into account the erosion of purchasing power (that is, "the effect of inflation") on portfolio values over the holding period requires adjusting each of the current values to its equivalent purchasing power value on January 22, 2001. From the Bureau of Labor Statistics Consumer Price Index data for January 2001, the CPI stood at 175.1, and for January 2007, the CPI stood at 202.4. The February 2007 figure can be estimated by various methods, and here, a conservative projection of 202.76 is derived from the three-month moving average of the CPI, implying an annualized inflation rate for the February of 2.2 percent, based upon the average of the annualized inflation rates for the previous three months.

Expressing the closing index portfolio values as of Friday, March 2, 2007, in terms of their January 2001 purchasing power equivalents provides the following results:

March 2, 2007, Index Values in January 2001 Purchasing Power Value
Dow Jones Industrial Average10,461.55
Standard & Poor's 5001,197.94
NASDAQ Composite2,044.97


The total real return on investment for each portfolio is then the quotient of the January 2001 index value when divided into the adjusted March 2, 2007, value:


Total Real Portfolio Returns from 1/22/2001 to 3/2/2007
Dow Jones Industrial Average-1.10%
Standard & Poor's 500-10.79%
NASDAQ Composite-25.85%


Finally, expressing these real returns on an annualized (that is, "percentage return per year compounded") basis, the total real return results just presented are as follows:

Annualized Real Portfolio Returns from January 22, 2001, to March 2, 2007
Dow Jones Industrial Average-0.18%
Standard & Poor's 500-1.85%
NASDAQ Composite-4.78%


The total and annualized real returns to the selected portfolios are presented below in graphical form:




As is plainly evident, real returns on investment in three large U.S. stock indices, representing as they do the majority of ownership value in publicly traded U.S. corporations, have been negative. Investing in even the very largest, presumably safest public corporations would have led to an actual loss of money in real terms, and that loss would have been worse by investing in smaller-cap public companies through the NASDAQ Composite.

In practical terms, the numbers above mean this: an investor putting $100 on January 20, 2001, into a portfolio of the Dow Jones 30 Industrials and maintaining the index balance until March 2, 2007, would now have the purchasing power of $98.90; an investor doing the same but investing in the Standard & Poor's 500 would now have the purchasing power of $89.21; and an investor doing the same but investing in the NASDAQ Composite index would now have the purchasing power of $74.15.

Investing in stocks, particularly in well-balanced portfolios, is supposed to create capital appreciation in real terms over a long period of holding time; instead, over the course of the Bush Administration, investments in well-balanced, standard index portfolios have resulted in real purchasing power erosion of dollars invested.

This is objective evidence, accumulating over more than six years, of fiscal mismanagement on a scale that will be felt for generations to come. This, then, is objective evidence of a degraded future for the United States, whose citizens will labor mightily under the after-effects of economic degradation caused by men and women in Washington who posed as prudent, fiscal conservatives, but instead acted in a more economically reckless manner than any American leadership in decades.

This series will continue in the next installment with a survey of the national income allocation model, which will be used to explain the way in which the Republicans propelled the economy far too long on funds borrowed from overseas investors who got their money to make the loans by bleeding the American economy of both its greenbacks and its jobs.


The Dark Wraith trusts that readers will stay tuned.

<< 25 Comments Total
 Blogger PeterofLoneTree blogged...

As I write this, it is Monday morning in Japan and the Nikkei is off 2%.

Sun Mar 04, 07:37:00 PM EST  
 Blogger Dark Wraith blogged...

Good evening, Peter of Lone Tree.

I explained to someone on the telephone this morning that the coming week could be really rough.

Let me be a little more specific about this. I predict the following:

The stock markets of the world will, in fact, fluctuate.

Yes, indeed.


The Dark Wraith delivers quality investment advice.

Sun Mar 04, 07:53:00 PM EST  
 Blogger Dark Wraith blogged...

And by the way, on a personal note, even if I were to have the money to be in the market, I wouldn't be in the market.

I was born at about 4:30 a.m., the salient point in that bit of trivia being that I was born at night.

It was not, however, last night.


The Dark Wraith does not go into spooky houses, scary caves, or rough stock exchanges.
[And I don't go into restaurants where the hat check girl wears brass knuckles, either, for that matter.]

Sun Mar 04, 07:58:00 PM EST  
 Blogger PeterofLoneTree blogged...

"I predict the following:
The stock markets of the world will, in fact, fluctuate."


Ah, yes. Fluctuate. But how much? A rather old piece of information I recall from quite some years ago concerned a veteran stock broker who said large falls and rises in markets didn't concern him too greatly, but it was when the prices started see-sawing above and below a certain percentage, and what that %age was I can't remember, that he figured it was time to either ease out or cut and run.

It so happened that the morning of the crash of '87 that I went into a brokerage house to sing "Happy Birthday" to one of the employees. I say the boss of the outfit a couple of days later who jokingly remarked, "Good God, I hope you don't come around and sing every week or so; did you see what happened to the markets?" I replied by saying, "Whaddaya got to worry about? This is a one-story building. If you took a dive out the window like some of those guys back in '29, the worse you could get is grass stains on your knees."

Sun Mar 04, 09:07:00 PM EST  
 Anonymous Anonymous blogged...

The stock markets of the world will, in fact, fluctuate.

LOLOLOLOLOLOLOLOLOLOLOLOL!!!!!!!!!!!!!!!!!!!!!

- oddjob

Sun Mar 04, 11:04:00 PM EST  
 Anonymous jahf blogged...

Republican economics has been a failure ...

Hmmm. I wonder if Republican "economics" has truly been uniformly dismal for all concerned entities.

Sun Mar 04, 11:17:00 PM EST  
 Blogger Dark Wraith blogged...

Good evening, jahf.

With respect to its representation that all boats would rise with the rising tide, it has, indeed, been a failure.

It remains to be seen just how many of the yachts will be able to stay on top of what may very well turn out to be a tsunami rather than the tide coming in.


The Dark Wraith reaches for the snorkel.

Sun Mar 04, 11:26:00 PM EST  
 Anonymous snuffy blogged...

As the chinese dont seem to have their market "stabilizers" such as the PPT in position as the wall st. has,Given the lockstep the us market has been in with the chinese....sweet jesus could this be the "correction that puts the market below 1000 and shows us what its like to be on the inside of a "greater"depression Dark Wraith?



I have half expected it to have been done by the chinese as as payback for a Iranian adventure,however this looks out-of-the-blue

Mon Mar 05, 02:16:00 AM EST  
 Blogger Weaseldog blogged...

Blame Clinton!

Mon Mar 05, 12:08:00 PM EST  
 Blogger StealthBadger blogged...

The Dark Wraith trusts that readers will stay tuned.

Heh. With bated breath and very short fingernails.

I'm not looking forward to my "golden years."

Mon Mar 05, 01:51:00 PM EST  
 Blogger The Minstrel Boy blogged...

the markets are still, despite a week of efforts at calming them are still trembling. has there ever been a "correction" which advertised its approach more clearly? i can't recall one. the main crunch that i see will be a tightening of the lending markets, both because the u.s. government is crowding out all the other mouths in the nest but also because there is a serious threat posed by the defaults that are starting to loom in the secondary lending markets. gm's main business has been loans for a while and they just announced that they will be late with some reports. word on the street is that this is because their flagship lending branch (and biggest money maker) ditech is about to follow the rest of that industry into the shitter.

anybody that cares to hide is welcome at the ranch, bring ammo, chocolate, precious metals and gemstones. we'll use those to get everything else if we can't just ride this out behind the cactus fence.

Mon Mar 05, 08:18:00 PM EST  
 Blogger PeterofLoneTree blogged...

"gm's main business has been loans for a while and they just announced that they will be late with some reports. word on the street is that this is because their flagship lending branch (and biggest money maker) ditech is about to follow the rest of that industry into the shitter."

Sounds like you've been reading James Kunstler's .

Mon Mar 05, 10:13:00 PM EST  
 Anonymous snuffy blogged...

PeterofLoneTree
James K has more than a few readers these days,especialy since the saudi's just reported a 8% DECLINE in their overall ouput.The feeling has been @ the oil drum,and other top peak oil sites that when the saudi feilds go down...the world is at peak.
There is 2 other signs
1.CERE has been created as a propaganda organ to act as a "look,look,bright shiny!" type distraction to the public
2.the Berdan feild[2nd largest],and cantarell ,as well as the north sea,all are in decline.

You know why bush isnt cocerned with the skrocketing public debt,and such? its because the fucker KNOWS peak is going to blow this house of cards,smoke and mirrors called a economy to ashes...but he wants his class to keep the wealth of this country in "strong" hands,with a few serfs to keep the estates going.The wraiths analogy is the best I have heard in a long time.

I hope the predictions of the fourth turning are true,and that even those of great wealth will not be safe in their remote gated communities.

It occurs to me that there will be a lot of vets from the middle east oil wars that might have a bone to pick with those who sent them....I am reminded of the last scene in Pams Labrinth[sp?}where the capitan meets the villagers..

Tue Mar 06, 07:43:00 AM EST  
 Blogger Weaseldog blogged...

I've heard some scary things about what could happen to folks paying their mortgages, if their lending corporation is dismembered.

Anyone have advice on how to survive the ordeal?

On the other hand, I may be in the best possible shape I can be in. I'm in Chapter 11 with 18 months to go. I have an attorney on retainer to help keep my financials straight.

I got a flock of chickens I can bring to the ranch, and I know how to use a hoe.

8% decline for Saudi oil means we're going to see a price spike again this year as the oil market corrects. Its a bad time for the finance froth to go flat.

Tue Mar 06, 04:19:00 PM EST  
 Blogger The Minstrel Boy blogged...

one of my brothers-in-law is an engineer for GM. he designs and builds trick ass transmissions. he has been complaining bitterly for the last ten years that the focus of GM has been, for a long time, not building and selling cars, but selling loans.

Tue Mar 06, 05:51:00 PM EST  
 Blogger My Pet Goat blogged...

he has been complaining bitterly for the last ten years that the focus of GM has been, for a long time, not building and selling cars, but selling loans.

And it sounds as if it going to bite them on the ass. GM may owe $1B on mortgage loans

Strangely quiet around here...

Fri Mar 09, 02:16:00 PM EST  
 Anonymous fathe-wa tyme blogged...

Shhhhh! You’we wight My Pet Goat…heh heh heh. We’we be'wing vewy quiet hewe. WE’we hunting wabbits. Heh heh heh

Sat Mar 10, 12:19:00 AM EST  
 Blogger Dark Wraith blogged...

Good evening, Father Tyme.

For anyone who is a true fan of Bugs Bunny, the "Duck Season/Wabbit Season" episode is surely among the most memorable (although, as I recall, there were either two similar episodes or perhaps one that had two different endings). Daffy Duck's trials epitomized life as I knew it, and to this day I think of him as an only slightly overstated version of what fates await me as I deal with others of higher rank, better looks, and greater popularity. Although I shall forever think fondly of Bugs Bunny, it is that Duck upon whom I look back with some admiration for his perseverence in the face of being nothing more than a black duck making a life in the public eye on a national (if animated) stage.


The Dark Wraith bawls, "Wraith season! FIRE!"

Sat Mar 10, 01:38:00 AM EST  
 Blogger Dark Wraith blogged...

Good evening, Mr. Goat.

The silence is for the most part my own fault. I have been somewhat under the gun this week, principally because I cannot get a post fully written and published.

The computer I've been using for quite some time, now, is about at its end and is having quite a few difficulties doing even the most elementary of tasks with respect to online activities. It has been a fine machine, but the kind of work I do simply taxed the poor machine for too long beyond that for which it was designed. A bad install of a Windows update awhile back didn't help matters any: Internet Explorer 7 created a slow cascade of bad things that have pretty much smoked the machine.

In the past, I frequently used computers at one of the schools where I teach, but the state's ethics laws have gotten so strict that the folks in the IT Department are watching like a hawk these days to ensure that nothing other than "appropriate use" is being made of equipment. Although I wasn't informed directly, several recent general e-mail messages to faculty seemed to have a rather pointed message, perhaps in my direction, about blogging from school computers. I have no intention of giving the school's administrators such an easy excuse to get rid of me, so I have to lie low anymore. I still slide in the occasional comment here and at a few other places, but for the most part, those machines are off limits for anything other than purely school-related activities from now on.

The whole ethics thing has turned so ugly, what with "appropriate use" and "conflict of interest." With respect to the latter, I've recently had to turn down textbook editing work since I'm involved in textbook selection decisions. Perhaps far more damaging was that I had been talking with an academic publisher who's seen my YouTube videos about getting this type of content into some kind of profitable circulation; but that's not going to happen because, as I've considered it more carefully, that would be about as direct a conflict of interest as I could imagine: personally profiting from a business relationship that was established through my contact with a publisher from whom I had chosen a course textbook.

Life was easier in the old days when cronyism, corruption, and loose ethics weren't just Republican daliances.

Anyway, the computer matter will be resolved next week. I had picked up some part-time janitorial work, and the proceeds finally built up to the point where I could buy a relatively new notebook computer on eBay. It should be arriving on Monday or Tuesday.

I suppose I could have used the money for other things. I have two front teeth that need to be taken out, but I know very well that no self-respecting orthodontist is going to let me get by without a whole string of expensive visits culminating in the insanely expensive "necessity" of some kind of prosthetic replacement to correct what would otherwise be a permanent speech impairment. I think I'll just make sure those teeth stay in my face for as long as I humanly, possibly can. The other issue that sort of scares me is that I'm losing my sight. I don't know whether the deterioration is still on-going or if what was happening began and then mercifully stopped at some time in the past year or two, but I have blood vessels encroaching into the corneae of my eyes. I'm kind of hoping that something happened that made the peripheral parts of those lenses need more oxygen, and once the blood vessels to feed some in had gotten so far, the growth process terminated. Weird stuff, though: I'd never even thought of that kind of way of going blind.

So, my resolution was to use the money from the janitorial work to buy the computer. My associated resolution that came from the work was never again to have a job where I have to shovel snow in a Winter where snow is so deep it's stupid. (I guess I should also resolve not to work a job where there's a possibility that students who know me as a teacher might see me out shoveling snow in a parking lot.)

But, all other matters aside, I shall be at full power on the Internet within a matter of days. Until then, I do have access to public library computers, although--given how paranoid I am--I work under the assumption that, the minute I leave the library, someone from the NSA is in there rummaging through the log files on the computer I used.

Fortunately, I take comfort in the fact that I am about the last person they'd even be thinking about watching.

Now, guys like Peter of Lone Tree and Father Tyme, on the other hand, are obvious targets for serious scrutiny by the NSA spooks.

Not that I have any inside information about that, mind you, but I'm just thinking out loud.



The Dark Wraith should probably not be leaving trails back to his friends for the National Security Council investigators to find.

Sat Mar 10, 02:15:00 AM EST  
 Anonymous father tyme blogged...

DW,
(dryly) Thanx...
Peter of Lone Tree...a possible target? Nah, he's too old and senile (but I hear he sings well!). Besides, he voted for Barry so he's safe.

NO, it's either Carly Simon or Sgt. Schultz:

"I know NOTHING!"

or

"It's too late, baby."

Confíteor ‘W’ omnipoténti! (If my Latin is sort of correct. I haven’t used it in three or four former lifetimes!)

Gawd, I love Big Brother!

dum spiro spero!

Sat Mar 10, 08:59:00 AM EST  
 Blogger PeterofLoneTree blogged...

Introibo ad altare Dubya.

Ad Dubya qui laetificat, juventutam meam.
.

Sat Mar 10, 11:39:00 AM EST  
 Anonymous father tyme blogged...

PoLT,
Did I read that right, "fertilizer"?

Shiiiiittt!

Sat Mar 10, 12:44:00 PM EST  
 Blogger Dark Wraith blogged...

Neo-coni sunt viri.

Sat Mar 10, 03:43:00 PM EST  
 Blogger The Minstrel Boy blogged...

Good afternoon Dark Wraith:

glad to hear that you will be back among us soon. i always tell people that refer to me as "paranoid" that if they really are following you, it's not paranoia, but caution

there have been more than a few of us who find that certain entries into one's service record can be taken as danger signs many years later.

the latest from the fbi shows exactly why the curbs on unsupervised and audited investigations were put in place to begin with. having these curbs lifted has not made law enforcement more effective, only more intrusive with a heavy dose of sloppy thown in for a little spice.

i heard one of the comics on NPR this morning talking about the report that 50% of american high school students believed that sodom and gomorrah were married.

he said at last we have an explanation on why members of the NSA don't know from shi'ite

Sat Mar 10, 03:58:00 PM EST  
 Anonymous Anonymous blogged...

If incompetent "loyal Bushies" have infiltrated and infested the Department of Justice, what are the chances they have done the same to the Departments of Labor, Commerce, and Treasury? If so, what is the likelihood they are publishing falsified, shaded, or otherwise bogus data about inflation, employment, tax revenues, etc in order to boost the Bush economics legacy? I have no proof, just suspicion because something doesn't smell right about the economy, especially rising oil prices over the last six years with almost no inflation to show for it.

victorberry@aol.com

Wed May 16, 12:31:00 PM EST  

       

Wednesday, February 28, 2007

Editorial:
Twit Journalism and the Professor from Hell

Although I shall within the next several days address at length the world-wide stock market crash that occurred today, I herewith take the opportunity to briefly and succinctly deal with a news article on this matter written by CNNMoney.com senior writer Alexandra Twin. I quote the first two paragraphs below and ask readers to note carefully the very last sentence.
NEW YORK (CNNMoney.com) -- Stocks slumped Tuesday on worries about economic growth at home and abroad, sending the Dow industrials to their biggest point drop since the day the market reopened after the Sept. 11 attacks.

A big decline in Chinese stocks, weakness in some key readings on the U.S. economy and news that Vice President Dick Cheney was the apparent target in a Taliban suicide bombing attack in Afghanistan all fueled the selling on Wall Street.
What follows is my very brief response, offered as it is from my position as a professor who turns without warning into a roaring bitch when journalistic stupidity passes a certain threshold.

No, the world-wide stock market crash that happened on Tuesday, February 27, 2007, had nothing whatsoever to do with a suicide bomber who killed a bunch of people in Afghanistan in a failed and futile attempt to assassinate U.S. Vice President Richard Cheney. Absolutely nothing. To ascribe a planet-wide slide of stock markets that slashed the net assessed values of claims on residual cashflow anywhere from four to nine percent to "weakness in some key readings on the U.S. economy and news that Vice President Dick Cheney was the apparent target in a Taliban suicide bombing attack in Afghanistan" is evidence that CNNMoney.com believes—or is at the very least cynically willing to offer to its readers—the utterly ridiculous: a wholly false and imaginary world of the 21st Century where the markets of tens and hundreds of billions of trades totaling trillions and trillions of dollars stand in rapt awe of a slate of transitory U.S. government statistics (some of which had not even been released when the globe-spanning crash got underway) and a trouble-making, incompetent American Vice President.

The markets of the world weren't waiting to jump off a cliff if bad inventory numbers got pumped out by the U.S. government; the markets of the world weren't waiting to claw their chests open if Dick Cheney heard a big boom; and Wednesday, quite fortunately, I can assure you that not one of my business or economics students will be so fresh as to give me an explanation like that when I ask about the forces that caused the stock markets to slide as they did on Tuesday. That's because my students, even the rank freshmen who've been in my classes only about a month, know better than to give me stupid, simplistic, vapid explanations, particularly when I come in looking like I'm ready to eat someone's head off because I've been reading poundingly corny news analysis the night before.

Sadly, my students' unwillingness to spout the ridiculous means not one of them will ever qualify to become a "senior writer" for CNNMoney.com, where news analysis is predicated, first and foremost, on thinking like a twit and then displaying the wretched product of that thinking for all the world to read.



The Dark Wraith just winces at what passes for an educated financial journalist these days.

<< 34 Comments Total
 Blogger PeterofLoneTree blogged...

From Reuters, which at least saw fit to not mention the Cheney business, at least in this article:
Global stocks slide deepens in Europe, volatility soars.

Wed Feb 28, 06:35:00 AM EST  
 Anonymous father tyme blogged...

Gee Wally, maybe the U.S. Treasury could take advantage of one of them there TeeVee services to help eliminate debt! Yeah! In no time we'd all be debt free and rollin' in shit just they say on TeeVee!
Or how 'bout the IRS settlin' for pennies on the dollar fer them outstandin' taxes that guy keeps on advertisin'?

I really gotta get away from the set!

Wed Feb 28, 08:29:00 AM EST  
 Blogger roger blogged...

good morning dw.....isn't there some logical fallacy called post hoc ergo propter hoc? the pronouncements of the stock gurus has for years been a source of humor for me. the cheney thing would more rationally be perceived, by moi anyway, as a reason for a bull stock market.

Wed Feb 28, 11:09:00 AM EST  
 Blogger My Pet Goat blogged...

The twit would have been more on the mark to suggest the slide was a result of disappointment.

Wed Feb 28, 12:20:00 PM EST  
 Anonymous blackdog blogged...

Good afternoon, Dark Wraith. Just received your package and watched it.

Wow.

I'm really impressed, not only do you have a great understanding of your material, but I bet you NEVER have a student fall asleep.

Your passion and skill at delivery of the material you have for your audience is impressive. In that way, we are alike, I tried to do the same thing and was successful to some extent. In a way, it's acting and sales, combined.

If I have to try to sell a pos product, I will not be working to my best, but if the product is something I can believe in, or an idea, then I will attempt to use every device I can to persuade my audience to hear what I have to say.

You remind me of some of the best educators I have known, and I always tried to emulate their style and performance. Thank you Sir.

The Oscar for Best Performance in a Classroom goes to:

Dark Wraith!

Congratulations.

In a few I'll watch it again, but I'll admit that it does make me a little jealous. I miss having a attentive, captive audience that burned to learn. It was so much fun.

Wed Feb 28, 03:12:00 PM EST  
 Blogger SB Gypsy blogged...

Good Afternoon Dark Wraith,

The twit would have been more on the mark to suggest the slide was a result of disappointment.


That was my immediate take - both when I heard the news that Cheney had escaped - "Awww what a crying shame"

and when I heard the market tanked
"prob'ly 'cause the VP lives"

Now, my question is: what would have to happen for the whole shebang(NYSE or the world's whole stock markets aggregated) to come crashing down around the stockholders' ears?

I suspect that I'm off by a few orders of magnitude in my conception of the sheer size of the world's stock exchanges, and their ability to absorb shocks.

On the other hand, I think that the deciders may be off on their estimate of the strength and robustness of same.

Wed Feb 28, 03:51:00 PM EST  
 Anonymous snuffy blogged...

Dark Wraith,

I think you do these folks more justice than they deserve...They are propagandists...{and poor ones at that}...To expect rational discourse,as well as insightful and thoughtful analisis is the same as expecting the corp.owners of the station to commit suicide
This hiccup in the market was enough to put the fear part of the fear and greed balance into play.

At some point,a lot of people will put down the kool-aid,wipe their mouth with their sleeve,and try to run to the exit.And then the interesting part starts

Wed Feb 28, 04:00:00 PM EST  
 Anonymous blackdog blogged...

Anyone think that if the DICK had his head blown off the other day the markets might have acutally gone up?

Wed Feb 28, 04:06:00 PM EST  
 Anonymous blackdog blogged...

Ben Ver what's his name, the chairman of the federal board feels that everything is OK and we should just shake off that bad shit.

I guess if I had his money and prestige I wouldn't give a shit either, but that would be a lie. I do give a shit.

I really hate these liars.

There, I'll shut up and go to sleep assuming I can.

Everything is so rosey, everything is so good, don't worry because you will become one of THEM.

What a wonderful world.

Wed Feb 28, 06:14:00 PM EST  
 Blogger My Pet Goat blogged...

Anyone think that if the DICK had his head blown off the other day the markets might have acutally gone up?

Bark once for no and twice for yes....

Mr. Goat says WOOF WOOF!

OK, now I've been Carnivored for sure.

Wed Feb 28, 10:55:00 PM EST  
 Anonymous Moody Blue blogged...

"Twit" is much too kind a word, Wraith.

...from my position as a professor who turns without warning into a roaring bitch when journalistic stupidity passes a certain threshold.

Staying tuned for the sequel. ;-)

Thu Mar 01, 03:42:00 AM EST  
 Blogger andrew618 blogged...

Good Thursday morning, Dark Wraith.

I found your brief piece the most educational of the articles I've seen on the matter, but I do have one question (or perhaps comment): any time there is a blip in the market, it is almost always blamed on some seemingly unrelated (and often trivial and/or political) happening.

Even to me, it seems far-fetched that some of these "connections" exist. Yes, I suppose one could argue that the assassination of Archduke Franz Ferdinand led directly to WW I, but tying stock market blips to news items?

I could certainly see devastating weather having an effect on the markets, in terms of the food production sector bracing for tough times, but didn't the markets also head down after GHW Bush urped on the Japanese Prime Minister? I seem to recall an awful lot of similar claims.

Thu Mar 01, 09:42:00 AM EST  
 Blogger andrew618 blogged...

Good Thursday morning, Dark Wraith.

I found your brief piece the most educational of the articles I've seen on the matter, but I do have one question (or perhaps comment): any time there is a blip in the market, it is almost always blamed on some seemingly unrelated (and often trivial and/or political) happening.

Even to me, it seems far-fetched that some of these "connections" exist. Yes, I suppose one could argue that the assassination of Archduke Franz Ferdinand led directly to WW I, but tying stock market blips to news items?

I could certainly see devastating weather having an effect on the markets, in terms of the food production sector bracing for tough times, but didn't the markets also head down after GHW Bush urped on the Japanese Prime Minister? I seem to recall an awful lot of similar claims.

Thu Mar 01, 09:42:00 AM EST  
 Blogger andrew618 blogged...

I apologize for the duplicate post... Blogger and Google are apparently feeling cranky this morning...

Thu Mar 01, 09:43:00 AM EST  
 Blogger Dark Wraith blogged...

Good morning, Andrew.

It is far easier to ascribe the complicated to the understandable than to ascribe the understandable to the obtuse.

Or something like that.


The Dark Wraith says, "You know what I mean."

Thu Mar 01, 10:26:00 AM EST  
 Blogger Weaseldog blogged...

Initially we heard that the tumble was caused by a computer glitch. The computer forgot out do sums.

Perhaps the PPT's computer was on the fritz? If they had a temporary outage, they wouldn't have been able to pump liquidity into the market for a time.

But more likely I think, the big institutions are selling off to cover debts, as the real estate related defaults pick up. They have a lot multiply leveraged debts to cover in times of short cash flow.

But what do I know. I had a friend many years ago that asked me for market advice and like a dumb chump I shared my opinion. The next day he told me that I was wrong and gave him the opposite advice the guy on the TV news gave him. So he went by the TV economist's prognostications.

My friend lost a chunk of change. He told me that the TV guy should've been right, but I was just lucky. He couldn't believe that people are put on the air to steer the herd in the wrong directions.

In the end, it was all my fault.

My friend didn't learn anything from that, but I did.

So who told the Taliban that Dick Cheney was secretly coming to that base, that day?

Thu Mar 01, 12:51:00 PM EST  
 Blogger My Pet Goat blogged...

Good morning Mr. Wraith,

Entirely off topic but I thought you might find this of interest given a discussion some time ago.

Bill would hold makers of engineered crops liable for damage

Thu Mar 01, 01:05:00 PM EST  
 Blogger Weaseldog blogged...

My Pet Goat...

Thanks for that link.

Thu Mar 01, 01:52:00 PM EST  
 Blogger BlondeSense Liz blogged...

Wow. I have so much trouble leaving comments at DW sites lately. sheesh.

Anyway, I read somewhere that the market went down because the terrorists MISSED blowing up Cheney. Had he been killed, the market would have gone up 500 points. Well that's what I read anyway.

Thu Mar 01, 04:29:00 PM EST  
 Blogger Dark Wraith blogged...

Good evening, BlondeSense Liz.

My short article above was referenced by some blogger who was doing a survey of what bloggers had said about the meltdown. He commented rather curiously that my claim that the assassination attempt on Cheney had nothing to do with the crash was in contrast to "many" analysts' determination to the contrary.

Honest to goodness, I didn't realize I was saying something so darned controversial. Imagine that: the markets of the entire world cascaded downward in lockstep because that incompetent, war-mongering, chickenhawk of an oaf we have for a vice president heard a boom loud enough to make him download brownwear into his underwear.

I suppose it could have been worse: imagine what would have happened to the world's stock markets if, instead of a suicide bomber, it had been a suicide wedgie-giver!

Whoo-boy! Now, that would have been the end of financial civilization as we know it.


The Dark Wraith shudders at what we as the human race just narrowly averted.

Thu Mar 01, 07:30:00 PM EST  
 Blogger Dark Wraith blogged...

Good evening, Mr. Goat.

I am honestly grateful that you recall comments I made awhile back with regard to GMOs. I stand by my claim that we shall slowly come to realize that, in order to move forward with far better ways to improve crops, we'll have to take care of what has become a world-wide genetic toxic clean-up nightmare in the crop gene pools.

The proportions of the mess are simply staggering. I am hopeful that innovations in genetic engineering will allow us to do at least some of the elimination of these modified genes through virulent processes, but that method poses its own great risks.

I am, of course, mindful that many efforts to improve life progress through ugly, dangerous, harmful technologies, but this is simply ridiculous: the genome of just about every popular crop of the world is infected with genes that don't belong there and will be a show-stopper to better technologies (including "open source" genetic selection technologies within the actual, natural crop genomes, themselves).

Lord. And we thought the chemical toxic waste clean-ups of the 20th Century were expensive.


The Dark Wraith really likes how, the further into the future we go, the deeper into the toilet we find ourselves.

Thu Mar 01, 07:42:00 PM EST  
 Blogger Dark Wraith blogged...

Good evening, Weaseldog.

That "computer glitch" claim proved to be utter nonsense: were that to have been the cause, the stock markets would have fully recovered the loss that occurred simply because staggering undervaluation of securities would have induced massive, rapid, unrelenting buying once the glitch had passed.

The stock markets regained only a fraction of what they had lost, and that was pure bargain hunting as investors picked up stocks that had gotten swept into the hurricane.

Obviously, however, there simply has to be an explanation other than the one about how six years of stunningly incompetent fiscal management by the Republicans has finally come home to roost.

Actually, it's been home all along as I've pointed out time and again in my continuing series of analyses on the performance of major index portfolios during the Bush Administration. This most recent correction is actually nothing but a return to the trend line of miserable performance I'd been reporting all along.

To me, that smack-down yesterday was no surprise at all, and the one that happened in China was what I had expected; but I'll tell you this much: that was only the beginning of China's financial woes.

"Market reformers," my backside. All they did was prove that mercantilism isn't just for capitalists with low IQs.


The Dark Wraith is in an uncharitable mood this evening.

Thu Mar 01, 08:07:00 PM EST  
 Blogger Dark Wraith blogged...

Good evening, Roger.

The post hoc ergo propter hoc fallacy is the standard way for many financial analysts. I cannot bring myself to watch or listen to financial reporting these days precisely because of the pervasiveness of this fallacious logic. Financial markets go up or down, and the analysts pull something completely ludicrous out of the air to explain it; and most of the time, this is because they simply refuse to buy into the efficient market hypothesis, which takes all the fun out of predicting, prognosticating, explaining, and all the other things that make people who don't actually live in the financial markets the experts who make money off the suckers who don't live there either.

Grr.



The Dark Wraith feels like he's about to get on one of those Rant-n-Roll soapboxes everyone hates to see him get on.

Thu Mar 01, 08:14:00 PM EST  
 Anonymous father tyme blogged...

DW,
I think many of us have reluctantly accepted that we are swimming in an ever deepening toilet.
I worry that soon someone is going to remember to flush, if for no other reason than to make room for more of us!

Fri Mar 02, 07:36:00 AM EST  
 Blogger Dark Wraith blogged...

Good morning, Father Tyme.

Flushing would at least give us something new to look at.


The Dark Wraith is weary of the Neo-Con Tidy Bowl Man's song and dance routine.

Fri Mar 02, 08:38:00 AM EST  
 Blogger My Pet Goat blogged...

I think many of us have reluctantly accepted that we are swimming in an ever deepening toilet.

That's one of those "is the glass half full or half empty" perspectives. Personally I think we've already been flushed and that the water level is dropping - gives the perspective of a deepening toilet.

Regardless, we still have a big asshole hanging over our head with bush and dick.

Fri Mar 02, 10:43:00 AM EST  
 Blogger Dark Wraith blogged...

The Dark Wraith reaches for the anatomical plug.

Fri Mar 02, 10:55:00 AM EST  
 Anonymous father tyme blogged...

DW,
I'm not sure they make 'em that large!

Fri Mar 02, 05:22:00 PM EST  
 Blogger Dark Wraith blogged...

Think "inflatable dirigible," Father Tyme.


The Dark Wraith goes to fetch the helium pump.

Fri Mar 02, 07:18:00 PM EST  
 Anonymous father tyme blogged...

DW,
Do us a favor...hydrogen instead! Methane ain't quite as nice!

Fri Mar 02, 07:51:00 PM EST  
 Blogger PeterofLoneTree blogged...

Bungholes. Gasses. Etc.

Sounds like we're edging closer in these comments to another litany of "fart-lighting episodes".

Fri Mar 02, 09:56:00 PM EST  
 Blogger My Pet Goat blogged...

Somebody at least strike a match, or give it to me so I can.

Fri Mar 02, 11:57:00 PM EST  
 Anonymous Moody Blue blogged...

The Dark Wraith feels like he's about to get on one of those Rant-n-Roll soapboxes everyone hates to see him get on.
Thu Mar 01, 08:14:34 PM EST


I love Rant-n-Roll,
Put another quarter in the juke box, Baby!

Sat Mar 03, 12:11:00 AM EST  
 Anonymous father tyme blogged...

moody blue,
Juke-boxes are a quarter now!!!!
Damn inflation!

Sat Mar 03, 07:39:00 AM EST  

       

Saturday, February 24, 2007

Special Blog Post:
The locusts shall not prevail.

Several weeks ago, two bloggers who had been hired by the John Edwards for President campaign became the target of criticism by Bill Donohue, the leader of a religious organization called the Catholic League. One of those two bloggers is Melissa McEwan, who uses the pen name Shakespeare's Sister on her blog of the same name. Ms. McEwan is a friend of mine. We became acquainted because we were both commenters at AMERICAblog, and we ultimately began our own work as Weblog publishers and writers at about the same time. Ms. McEwan, in fact, reached out to find me after we had stopped commenting at AMERICAblog: she wanted me to know about her new blog, and she wanted to know what I was doing. It was through her generous effort, then, that we became reunited in our separate but mutual efforts to speak out against the Bush Administration, the religious zealots, the neo-conservatives, and all the others who have made this century open in such a grim and awful way.

In Mr. Donohue's inflammatory press release condemning the two women Mr. Edwards had hired, he declared that the Edwards campaign "has no choice but to fire them immediately." His press release and subsequent comments deriding Ms. McEwan gave members of his organization (and perhaps others sympathetic to his concerns) what they perceived as license to flood her with e-mail, some of which was violently threatening, hateful, menacing, and altogether unworthy of anyone who would pose to speak on behalf of an organization affiliated with any Christian church committed to the New Covenant. Whether or not Mr. Donohue accepts responsibility for the cyber-violence his condemnation of her brought about, he was not merely the catalyst; he was the instigator.

The much-touted constitutional protection of citizen speech is a right to the extent that the Constitution does not recognize the government's role in restricting it. This leaves to the federal legislature, the several states, the civil society, and the courts such responsibility as necessarily exists for defining the distinction between speech and conduct and the setting forth the boundaries where speech becomes actionable under civil and/or criminal law. Speech that is an incitement to riot is not without sanction because it interferes with the compelling interest of the government in maintaining civil order; speech that endangers others in demonstrable ways is subject to scrutiny because of the compelling interest of the government in protecting its citizens. Where the line is drawn is always a matter of controversy, and that line shifts over time as new dimensions of speech and innovative experiments in existing modes of communication arise.

Mr. Donohue cannot simply declare that his was protected speech: demonstrably, it led at a minimum to civil assault upon Ms. McEwan, this being the case because "assault" involves a reasonable belief on the part of the victim that she is in imminent, personal danger. Mr. Donohue had created a sense in his followers that theirs was a threatened—indeed, persecuted—lot and, because of the perilous condition of their right to worship as they wished, they would consequentially have not merely the option of reactive violence to perceived threats, but compelling religious duty to react as necessary to protect their religion.

I shall not leave to the likes of men like Mr. Donohue their sentiment that they may continue to terrorize those whose voices are strongly contrary to their own. As a matter of fact and evidence, he was the proximate initiator of events that led to cyber-violence. Whether or not he believes that his god will reward him for what he loosed upon Ms. McEwan and the other blogger by describing them as "trash-talking bigots," responsible agents of the civil society must take notice and respond within the bounds of law and efficacy; and ultimately, that civil society, through its responsible, concerned agents, must compel both statutory and common law to address those who would use the Internet to incite individuals to become a menacing mob.

As an important note with regard to the above, I have found no instance of an official statement by the Catholic League condemning the threatening e-mail messages received by Ms. McEwan. Neither have I found an official statement by that organization ordering its member to cease such activities. Indeed, I have found no spoken or written evidence that any official of the League took advantage of what was happening to counsel the membership on rightful action in accordance with Christian teachings. Should such firm, resolute, and forceful efforts to stop the mob violence have been widely promulgated, I shall amend this article to include praise of that work.

Cyber-attacks come in many forms. Some, like distributed denial of service (DDoS) attacks and spambot slams, are highly technical and seemingly impersonal, although some of them are not nearly as random as might first appear. My servers have labored occasionally under these types of assaults. The cyber-attack on Ms. McEwan was far more obviously personal and infinitely more frightening; but it was, at its essence, the very same type of strategy with a very similar objective: swarm and silence the target.

Mr. Donohue's followers who went after Ms. McEwan were extraordinary in their numbers. In that way, they were just like the multiple sources in a distributed denial of service attack; and similarly, their objective was to drive Ms. McEwan from a position of visibility and influence.

In the end, they succeeded, but only nominally: Ms. McEwan's voice lives on as Shakespeare's Sister; and, if anything, Mr. Donohue has made her influence greater if unofficial. She need no longer concern herself with parsing her language to meet the needs of John Edwards as he fashions himself a respectable candidate who is "personally offended" by what he otherwise should have tolerated were he to really want strong, feminist thinking within his inner circle of advisers and assistants.

For my own part, I am relieved that I no longer have to consider mincing words about John Edwards, who thinks he is centering himself politically even as he panders to interests in ways that I find altogether troubling. While I most likely would not have held my criticism of Mr. Edwards even if Ms. McEwan had continued to serve as a technical adviser to his campaign, I now no longer have to worry about whether or not she would take flak for continuing to associate with me as I escalated my own critical rhetoric.

Distributed denial of service cyber-attackers and the vitriolic e-mail attackers are of the same breed: They are locusts. Stopping one of them does no good; stopping a dozen or a hundred of them is useless; stopping a thousand of them is trivial. They just keep coming and coming. It is not in their individual actions that they do their damage, but rather in their collective menace, their smothering erosion, that they cause their great harm.

They swarm, and in the time of their swarming, the victim believes that the onslaught will never end absent his or her full-scale retreat.

Long before I came to be a writer here in this venue, I wrote on message boards. My words were far harsher than they are in this time of my life. When finally the time came that I had offended several who could call the locusts down upon me, I backed down and completely disappeared from the Internet. There was nothing else I could do. More importantly from a personal perspective, I had the ungodly, awful, penetrating sense that the attacks upon me would never end and that, sooner or later, one or more of those violent people writing to me and about me were going to find me and kill me. At one point, I wished that it would happen just so the dread of waiting would be at its end. Every light shining in my window at night was the end coming; every time the phone rang, it might be one of the maniacs; every car that followed me for too long on a darkened road was the end about to happen.

Was all of this my own, personal, delusional paranoia? In fact, I was followed late at night on several nights; property of mine was destroyed; and other, much worse things that I shall not share were visited upon me. I literally, honestly wanted to be at the end of myself as a living person. I had been humiliated, I had been wrecked. Most tellingly, all the moral support, all the kind and generous words I received, meant nothing.

And, of course, I was silenced.

The locusts swarmed; and thereby, those who had summoned them won.

Never again, though.

Let me make it entirely clear that, while I can take care of myself—I have made it one of my principal life endeavors—to ensure my ability to strike back destructively against cyber-attackers, this is not what other potential victims should have to do. Progressive bloggers, both individually and collectively, should not have to live with an intimidating sense that they might be targeted, attacked, and wrecked by Right-wing secular and religious zealots. Extremists are an expanding ball of fire that just keeps right on billowing with every drop of blood they draw. Michelle Malkin, Rush Limbaugh, Bill O'Reilly, Ann Coulter, Bill Donohue, and dozens of other significant and minor invokers of the swarm thrive on their minions who pay them to spew hate and who would gleefully leap into the air to join a swarm against some defenseless victim.

Countervailance against the swarm is not within the scope of most individual bloggers. It must be more than a group effort; it must, in fact, be an official effort of a scope, funding, and gravity commensurate with the threat the Right-wing zealots pose to civil society.

That means those who would benefit from our progressive voices, Democrats and moderate Republicans alike, must take responsibility for ensuring that the netroots, which will become more and more important to them as time goes by, can function without fear of cyber-attacks.

Chet Scoville of Vanity Press recently published a post, cross-posted at Big Brass Blog, in which he cited an article by Jeffrey Feldman advocating the formation by the Democratic National Committee of a full-fledged task group dedicated to "...protecting Democratic candidates... from the cancer of organized Republican smear." Specific responsibilities of the task group are laid out, including "Republican smear campaign forecasts; Status of ongoing (smear) campaigns; Framing and Keyword analysis; Background research (presumably on known and suspected smear instigators); Strategy and tactic suggestions; Internet activist reports..."

Mr. Scoville adds to Mr. Feldman's fine list the importance of every Democratic campaign having its own version of this task group. This is important because the work of the national group would have to be articulated and augmented by any particular candidate to operationalize meaningful action and response to smear campaigns. Invoking the model and terminology of Robert Altemeyer (recently discussed by Minstrel Boy of Harp and Sword), who has extensively researched what he calls "Right-wing Authoritarians" and "Social-Dominance Oriented" individuals, I commented on Mr. Scoville's article in part as follows:
The Southern Poverty Law Center offers the model for cataloguing, monitoring, and tracking hate groups. What is being proposed in your article seems at first blush far more ambitious, if only because the source of these hate attacks appears more ubiquitous. Actually, it is not: the so-called "Right-Wing Authoritarian Followers" comprise maybe about a quarter of the population of this country, but the overwhelming majority of them are dormant unless harangued into action.

We have seen this before: huge numbers of RWA-F lie dormant until a Social Dominance-Oriented/Right-Wing Authoritarian (SDO/RWA) "double high" (as such a person is called in the literature) draws them to action. In historical terms, we saw this with a certain group of evangelicals who were brought to bear by Jerry Falwell; we saw it with Phyllis Schlafly of the Eagle Forum (with the Equal Rights Amendment); and we saw it again several times in the '90s, and one last time quite starkly with the thugs who laid siege to the facilities where Florida election officials were trying to commence a recount of the 2000 Presidential Election votes.

The RWA Followers are not dangerous unless and until they are bid to action by a small core of leader types, generally either financially well-off, themselves (as with Melton Scaif), or capable of generating large amounts of money (as with Pat Robertson, Sun Myung Moon, and Paul Weyrich).

As far as mitigating their influence is concerned, to some extent, it is a matter of open exposure. The RWA Followers are actually rather immune to public humiliation, but some (not all, but some) of the SDOs that set them in motion are fairly sensitive to the limelight, especially when it turns against them and they cannot cloister themselves against awareness of it.

To the extent that wide-ranging exposure of their action is not enough to slow them down, though, the next step is to move against them in the courts. This includes suits alleging torts, particularly torts of interference with business relationships. It also includes suits alleging defamation. Finally, it also includes an all-out effort to bring civil RICO charges to bear on them and their lieutenants.

To this last point, there will come a time when we must clarify in our own minds that this isn't "just politics"; this is, instead, an organized criminal enterprise that has spanned well more than a decade and used hundreds of millions of dollars to the purpose not of benefiting the democratic experience of these United States, but instead of interfering with and degrading it.
However, that comment having been made, this work, as important as it is, cannot be the extent of dealing with those who would cause the violence Ms. McEwan suffered. It really doesn't even address what can happen to progressive bloggers unless the umbrella of protection extends past the candidates, themselves, and reaches deep into the progressive Blogosphere.

In fact, an official task group at the national level cannot succeed unless that task group uses as one of its primary resources the bloggers who could very well be at the shock front of any smear campaign. We are the ones who see the ebbs and flows of trolls; we are the ones who get the e-mails that we actually open and read; we are the ones who look at our hit counters for nuances of increased traffic; we are the ones who read the details of our incoming visitor traffic reports, meaning we can often see the source that has referenced trolls to our sites.

And, as time goes on, it is we the progressive bloggers who will know far better than candidates and their suit-and-tie type of technical advisers the terrain here in cyberspace. It is we who will know the lay of the land and the threat level presented by trolls and other harsh commenters. It is we who will take the messages of presidential candidates and echo them across the electronic world. Unlike the mainstream media, which for the most part uses the Internet as an after-market publication platform, we bloggers are often the wells from which arise into the electronic information stream the character and quality of candidates through what they are saying that the mainstream media might very well be trivializing or even ignoring.

But it goes beyond merely "tracking" Right-wing smear campaign organizers. Unless and until the necessary resources are brought to bear in law enforcement actions by those who know how to use such instrumentalities, the Right will just keep on calling the swarms.

That means the DNC or whoever would form a full-blown task group has to deal with men like Mr. Donohue by filing complaints with the IRS for the violation by the Catholic League of prohibitions on issue advocacy by 501(c)(3) groups. That means aggregating threatening e-mail messages on behalf of targeted bloggers and moving that menacing literature to the Federal Bureau of Investigation. That means having attorneys who can issue letters to the smear campaign organizers laying the blame at their feet and demanding that they issue public statements ordering their followers to stop. That means, when those smear campaign initiators smirk and say there's nothing they can do about it, hauling them into civil court and hammering away at them until they get tired of the litigation pain and learn how to control themselves when they write and speak. That means fighting back as a concerted, sustained, unrelenting, opposing force.

That's how you stop the locusts.

If the Democratic National Committee and the candidates haven't the interest to provide for our protection under some national task force dedicated to dealing with smear campaigns, then the DNC and the Democratic candidates have done themselves every bit as much harm as they have allowed to happen to us. And if the Democratic Party and those candidates believe they can come to us thinking we'll hand them free air time, they simply must understand that we will accommodate them only to the extent that they grasp our significance to the world of tomorrow. If they cannot bring themselves to stand up for us, they should not be surprised when we deploy our own net of defenses and then ask them, "Where exactly were you when the locusts came to pick us off one by one?"

Likely, the Democratic National Committee will protect itself, and each of the major Democratic candidates will protect himself or herself. Those candidates will still come to us, hat in hand, expecting us to speak favorably of them and use our valuable resources to their own political gain. In that event, they will find this: learning how to survive in a world of hate—be it on the violent streets of urban America or in the streams of cyber-violence in the online world—means learning how to grow up strong, mean, and unforgiving, especially of cowards who could have helped but would rather stand in the bright sunlight waving to the adoring crowds of sheep.

Whatever choices are made by others, though, one thing is certain for us, the progressive bloggers out here in the field.

The locusts shall not prevail.




The Dark Wraith has spoken.

<< 19 Comments Total
 Blogger Buffalo blogged...

Well and truly said.

Sat Feb 24, 03:06:00 PM EST  
 Anonymous oldwhitelady blogged...

Good afternoon, Dark Wraith.

I hadn't really paid much attention to the problems Shakespeare's Sister was enduring, even though I noticed several had posted about it, in my minute forays onto the internet, in the past week or so. I'm glad you wrote this post, as it helps me realize the extent of what these people can do. It's maddening that they get away with it. Have they no remorse? Do they not realize that all people should be able to coexist and have minds of their own? No one has to believe everything anyone else does. It sounds like the mob mentality. By themselves, they would not do much, but lather them up into a frenzy, get the group thought moving, and who knows what bullcrap they can pull on others.

Yes, I agree, these politicians who want their ideas broadcast on the internet, by bloggers, should step up and start helping!

I think much less of Edwards now.

Sat Feb 24, 03:40:00 PM EST  
 Blogger andrew618 blogged...

Good Sunday morning, Dark Wraith.

I've been reading as much as I can find about the travails of Misses McEwen and Marcotte. I should have waited for this post.

As Oldwhitelady has noted, you have distilled not only the problem but the solution into easily-understood terms.

I think the potential invocation of the RICO statutes is interesting (although not likely, given the apparent lack of spine demonstrated by many US Attorneys... and the way the ones with spines have been forced out recently).

I fear, however, that no one in a position to act would act, for two reasons: first, many of the officials who could act are believers in george w. bush and members of his religious-right "base (and presumably agree -- at least tacitly -- with the excesses promulgated by Donohue, et al); and second, we have all seen how the bush cabal reacts to what it perceives as "treachery" (i.e., anything less than total support of gwb).

Certainly, the Democrats regaining Congressional majorities may help somewhat (assuming Holy Joe Lieberman doesn't bolt to the 'dark side' over some slight), but I do not think we'll see significant changes until a Democrat is back in the White House and we can get rid of bush's cronies.

Sun Feb 25, 09:59:00 AM EST  
 Anonymous John West blogged...

Consider yourself bookmarked. I'll keep checking in to see what's up with this and to contribute in any way I can.

Sun Feb 25, 01:24:00 PM EST  
 Blogger Angelos blogged...

Thank you for this.

I've been waiting for it since you mentioned it in the Solidarity video post.

Sun Feb 25, 06:41:00 PM EST  
 Blogger trog69 blogged...

Good afternoon, DW. As Andrew618 touched on the reason why, I waited for The Dark Wraith to explain the mechanisms behind what happened with the two bloggers. Whether what was blogged was blasphemous to bible thumpers is, indeed irrelevant, since Mss McEwan and Marcotte usually speak to the non-puritanical side of the left.

Reality, the filthy whore, dictates that Edwards must squeak when he walks, and distance himself, to some degree, from anything untoward that may become ammo for his opponents. But I agree that the importance of the Progressive online community, and the articulate writers/bloggers like DW can't be overstated. And like oldwhitelady says, Edwards needed to at least condemn the piling on and threats made against our two heroines. Perhaps he should remember how well the blogosphere came together to fight Michael Powell and the FCC. When the Media barons etch-a-sketched anything having to do with mass-media ownership, the interwebs was the loudest voice out there.

Sun Feb 25, 07:31:00 PM EST  
 Blogger Wild Clover blogged...

Off topic...

I reloaded the message board and got this message"Bandwidth Limit Exceeded
The server is temporarily unable to service your request due to the site owner reaching his/her bandwidth limit. Please try again later.
Apache/1.3.36 Server at www.dark-wraith.com Port 80"

I came over here and clicked on "contact your host" and got the same thing.

Pissed anyone off lately DW? :)

Sun Feb 25, 10:22:00 PM EST  
 Blogger My Pet Goat blogged...

Good evening Mr. Wraith,

We need to talk one of these days, soon.

MPG

Sun Feb 25, 11:30:00 PM EST  
 Anonymous r@d@r blogged...

sign me up, brother. i'll lick the stamps, make the coffee, whatever you want. i'll make a point of stopping by on a daily basis now.

what you've said here is exactly the kind of thing i've wished to be said for a long time. i too have felt silenced by locusts, but i no longer feel as alone as i once did, and for that i thank you.

Mon Feb 26, 01:20:00 AM EST  
 Anonymous snuffy blogged...

good evening,Dark Wraith,

What will prevail is the sheer creativity,and brillience that our side has.

The netroots organisers,and such are some of the many keys that are needed to win this fight.If I can be of assistance,say the word

Mon Feb 26, 03:58:00 AM EST  
 Anonymous rcg blogged...

Wow, that was some read. And before I came here I was thinking that I have to limit how much time I am spending on the net because my business is suffering and my survival depends on it. Arrrrg, Thanks, DW. Another great plan of mine that went out the window fast...

Btw, when I was in a legal dispute with the University of Georgia, I received all sorts of harassment and threats - but the ones that bothered me the most were the phone calls when people "insinuated" that I was going to be shot and that my car would blow up when I started it, etc. I sure felt like a "tin-foil" hat wearing lunatic examining my car every time before entering and starting it.

And right now, lately, I have picked up an internet stalker who writes me harassing email, sends me pictures of mutilated Iraqis, and often posts lying comments about my videos on the torrent search engines, etc. He has called me a nut, a coward, and threatened to beat me up, etc. I have even offered to meet with him to settle this and to show him that I am not a coward, but he refused and said that it proves instead that I am nuts. I responded to him. "Well...haha, I may be "nuts" but I aint no coward. ;-) LOL"

Oops, I almost forgot to mention this...I finally got my DVD video (RCG volume 2) online. Everyone please go to my site and download it. I am sure you have seen much of this footage but I bet that there is some great footage that you haven't seen - and please keep in mind that these videos are meant to be burned for "ignorant" friends, family members, and co-workers, etc.

Best regards all and if you don't hear from me for awhile it is because I am concentrating on my business/on paying the bills or ....

Mon Feb 26, 01:04:00 PM EST  
 Anonymous father tyme blogged...

Today's (2-27-07) Stockmarket:

Auntie Em, Auntie Em...the sky is falling!

Cleaup on aisle 44 Wall Street!

Tue Feb 27, 05:15:00 PM EST  
 Blogger Dark Wraith blogged...

Now, now, Father Tyme. The sky isn't falling. It's what we call a "minor correction": it seems the Wall Street jockeys were under the slight misimpression that everything would be okay depite the Bush Administration's six years of systematic, pervasive, massive, incomprehensible, unmitigated, thundering, profound incompetence.

And by the way, you might recall my nice little graphical article "A Walk-Down Primer on the U.S. Trade Deficit with China," as well as other articles I have written pointing out that China's currency manipulation game (at our expense and with the Bush Administration's happy approval) was eventually going to end when "something interesting happens."

As the Chinese say when they want to wish ill upon someone, "May you live in interesting times."

It seems the interesting times have now arrived for our friends across the Pacific...

...as well as for us, perhaps.


In the days ahead, the Dark Wraith will be saying more about what's happening.

Tue Feb 27, 06:43:00 PM EST  
 Blogger PeterofLoneTree blogged...

Stock information on one page for exchanges in the Americas, Europe, Asia/Pacific, Africa, and the Middle East can be found at
Market Indices / Reuters.com.

Tue Feb 27, 10:17:00 PM EST  
 Blogger Auntie Roo blogged...

Hear Hear! A most excellent analysis of the situation. I particularly like your use of locusts to describe the actions of that crowd of followers. I have seen no better way to invoke the mindless destruction they bring in wave after wave of attack on those they've been agitated into directing their group mind against.

Whenever my brother slips up & mistakenly forwards me a copy of those infuriating asinine emails that make the rounds I'm often struck with the idea that they are professionally produced & seeded into the internet like a virus to sicken those whose minds aren't immune to such propaganda ploys.

I can't help but wonder how much money is being spent to finance this viral propaganda & whether it is coming from our tax dollars...

I stopped in to see your take on today's market antics, so will be eagerly awaiting your analysis & explanation of what's happening.

Wed Feb 28, 12:23:00 AM EST  
 Blogger The Fat Lady Sings blogged...

You have distilled the situation quite succinctly, Dark Wraith. Problem is - the Democratic National Committee isn't going to do any of that. I couldn't agree with you more as to the necessity - I even agree that what happened to Melissa more aptly resembles organized criminal activity; but nothing will ever be done to address it - not by core Democrats, anyway. As with everything else (including accurately reporting the news) - bloggers will more than likely have to do this for themselves.

I have more than a passing interest in this subject at the moment (something I will email you about privately). What is needed is a primer on how to protect your back, cyberly speaking. Not just what to do when attacked; but how to protect yourself ahead of time – especially how to protect any private information from being universally disseminated. I know that if someone really wants to find you they probably can – but there are things that can be done to prevent everyday trolls from ferreting you out – right? Well I’d like to know what those things are – just to insulate myself against the everyday crazies. What say you, Dark Wraith – do you think this is doable?

Sat Mar 03, 02:25:00 AM EST  
 Blogger The Fat Lady Sings blogged...

You have distilled the situation quite succinctly, Dark Wraith. Problem is - the Democratic National Committee isn't going to do any of that. I couldn't agree with you more as to the necessity - I even agree that what happened to Melissa more aptly resembles organized criminal activity; but nothing will ever be done to address it - not by core Democrats, anyway. As with everything else (including accurately reporting the news) - bloggers will more than likely have to do this for themselves.

I have more than a passing interest in this subject at the moment (something I will email you about privately). What is needed is a primer on how to protect your back, cyberly speaking. Not just what to do when attacked; but how to protect yourself ahead of time – especially how to protect any private information from being universally disseminated. I know that if someone really wants to find you they probably can – but there are things that can be done to prevent everyday trolls from ferreting you out – right? Well I’d like to know what those things are – just to insulate myself against the everyday crazies. What say you, Dark Wraith – do you think this is doable?

Sat Mar 03, 02:26:00 AM EST  
 Blogger Dark Wraith blogged...

Good morning, Fat Lady Sings.

Yes, it can be done. Security requires three layers: one, an individual commitment to knowledge about more than just being able to put up blog posts; another, a continuing willingness to contribute to the knowledge base of a system of security that goes beyond one's own interests; and still another, the commitment not merely to threaten action, but to have the means and resolve to do so when a triggering threshold of cyber-violence has been crossed.

I could create an early warning system that would use sophisticated mathematics and statistics to construct a threat index that might (and I emphasize might) be useful. I could create a threat matrix that would associate known (and perhaps even unknown) people on the Right to the level of overall threat bloggers and other journalists face. I could enlist the ready response of some of the meanest attorneys you'd (n)ever want to meet to rake into any Right-wing pundit whose words stirred the locusts. I could create or otherwise induce other protective and deterrent facilities, too.

I could offer things like this as a security umbrella. Unfortunately, to make the umbrella effective, it would have to have many, many trusted participants who would not just accept its benefits, but also contribute to it through, for example, daily reports to a database on troll activity on their comment threads and daily dimensionalization of which secular and religious Right-wing threats were making incendiary statements against exactly what targets. That kind of contribution would be essential to building a mathematical model of the "signal" upon which the threat algorithms could then execute so-called "signal processing" routines.

It can be done. Will it? I'll do what I can in the months ahead, and I shall do so because I strongly suspect that the Right is going to become truly menacing in the time leading up to the Presidential Election of 2008.

But I'll tell you this right now: I am thoroughly unimpressed--and, in several cases, very worried--by many of the Democratic candidates, some of them quite popular with my friends here in the Blogosphere; and these candidates' complete obliviousness to what's going on out here in the field is just infuriating me even more. I shan't long be holding my tongue with respect to their policy prescriptions for solving the grave problems of this country or with respect to their facile ignorance of what we bloggers and other online writers mean to the future of political campaigns and even political parties, themselves. To that end, then, I suspect that I shall have some of these friends here become rather less friendly as I lay into the individual Democratic candidates (watch how my hit meter craters when I rip Al Gore a new one sometime this year), and that will defeat my purpose in building the dense matrix of support I would need for a truly effective security perimeter for us.

One way or the other, though, I'll figure out something...

...unless, of course, the Democratic National Committee figures out something first to help us.



The Dark Wraith thought it would be fun to end this comment on an absurdly hilarious note.

Sat Mar 03, 11:14:00 AM EST  
 Blogger SB Gypsy blogged...

Good Morning Dark Wraith,
Hilarious indeed!

I suspected that the republicans were more in touch with the power of the internet, and after "60 minutes" this weekend, I think I know how they will block the progressives.

The repubs' new bugaboo will be all about the terrorists' use of the internet to further their aims. They seem to be very internet savy.

The powers that be will just use that to shut down large portions of the internet completely, including the progressive blogs.

I really hope I'm wrong...

Mon Mar 05, 11:26:00 AM EST  

       

Friday, February 16, 2007

Special Video Post:
Statement


YouTube public URL http://www.youtube.com/watch?v=z1Wd4yIOeKY

Click here to view the video as a WMV file (42 seconds, 912 kilobytes)


This YouTube video may be reposted with attribute.

<< 16 Comments Total
 Anonymous snuffy blogged...

History ,and fate,has never been kind to those who find themselfs being ruled by those who fools and tyrants.I spend a lot of time now wondering how this will end for us...In a bright nucular flash,a sudden economic meltdown that lets us witness what has usually happened to a culture who forgets where food comes from,and visits starvation....or if by some astonishing stroke of luck we transition to a mature,stable civil society.If we beat the stacked deck...it will be from the net,and the true democracy that can flower from it
We have come so close to the golden ring this time,it breaks my heart to imagine what we could become...If only

Sat Feb 17, 09:13:00 AM EST  
 Blogger The Fat Lady Sings blogged...

Well done, Dark Wraith. I too find the situation deplorable - for a number of reasons. I have been quite angry with Senator Edwards - but as Melissa has asked that he not be blamed - I will bow to her request. When I first wrote about this, I focused on the hit squads concentrating their abuse on not only Melissa and Amanda - but almost every progressive blog they could publish a comment on. I found their seeming organization troubling. It seemed coordinated - and that smacks of preparation. How did they know this was going to happen? Who gave them a heads up? Call me paranoid - but those attacks came fast and furious. And the sheer amount! My god – there were literally thousands! How did they know where to go, what to say? I read some of these emails – there was a thread of commonality in many of them. And talk about some scary shit! Also - as Melissa pointed out - the next step would surely have been publication of her and her family’s personal information across the internet. Considering the tenor of the threats she weathered (and is still weathering) I'd say she has good reason for concern.

So what do we do about this? It simply is not in the nature of progressive bloggers to graphically threaten obscene violence. Of course there is a fringe element; but it really is fringe, meaning few and far between. Not that I’d advocate doing to any right-wing blogger what was done to Melissa. It’s abhorrent. But that begs the question – what the hell do we do about this? Melissa’s still getting threats. It hasn’t gone away. Maddened by blood in the water – the right-wing hit squads have been emboldened. It all has to be stopped – but how? What do we do, Dark Wraith? Have you any suggestions? ‘Cause I think it must be addressed; otherwise the very real danger all this poses will grow. I confess – I am at a complete loss. Outside of the lot of us arming ourselves against direct threats……I mean - can these people be rooted out and sued? Why won’t the FBI do something? They found the asshole who threatened Olbermann. Can’t they find those who threatened Melissa and throw their asses in jail as well? I have real-time reasons for concern here – which I won’t get into in such a public forum. This is a discussion I have been having lately - what to do. If this is not stopped right here and now – a lot of important voices will be silenced – and we’d all be the poorer for it.

Sun Feb 18, 01:34:00 AM EST  
 Blogger Mr. Shakes blogged...

Good evening, Dark Wraith.

And thank you for supporting Melissa. I will be sure to let her know that you have posted this.

I am enjoying listening to your lecture, btw. It's like Malcolm X meets economics!

Sun Feb 18, 04:35:00 AM EST  
 Blogger Dark Wraith blogged...

Good morning, Mr. Shakes.

If ever I were to post a side panel quoting compliments for what I do, I would put your comment that my lecture is "like Malcolm X meets economics" as the leader quote.

Now, as far as your better half is concerned, that mess hits a deep chord with me: some years back, my life was nearly wrecked by malevolent types who used the Internet to try to destroy me. I survived, but the experience materially—and, in no small way, adversely—changed my life. In my quiet hours, I still wonder how much I have only myself to blame for the array of enemies I gathered unto myself in various forums, even though I know on another level that my actions were rightful, if harmful to others' interests, and my words were honest, if strong and firey. It is with those ghosts that I still do occasional battle even to this day; but it is in the shadows and the corners here, only rarely being evident to anyone else. Old wars do not end, sometimes not even when those who prosecuted them die.

For many progressive voices of the current era, this new breed of online, Right-wing zealots is an extraordinary problem: at their hearts, these locusts are cowards. Melissa is a good woman; and despite her sometimes fierce words, those fiends knew that—they knew it: they knew they could hurt her with impunity, not because she is weak, but because she is good and decent.

There is a way to stop this, though, Mr. Shakes. As with all wars (both just and unjust), it will not be easy, and at first, it will not appear to be successful; but the way from the Hell of these locusts does exist; and unless we are willing to engage that war these malevolent forces started, we shall surely, if slowly, lose our right to speak our minds, which is our greatest weapon against the abyss of authoritarian rule.


The Dark Wraith will address the matter in more depth at another time.

Sun Feb 18, 10:40:00 AM EST  
 Blogger Shakespeare's Sister blogged...

Thank you, Dark Wraith.

Many, many thanks.

And now, if you'll excuse me, I must address the breakdown in communication at Shakes Manor that left me to discover this on my Bloglines.

Why I oughtta...

Sun Feb 18, 12:47:00 PM EST  
 Blogger Dark Wraith blogged...

The Dark Wraith will be in another part of the galaxy if anyone needs him.

Sun Feb 18, 01:46:00 PM EST  
 Blogger PeterofLoneTree blogged...

"The Dark Wraith will be in another part of the galaxy if anyone needs him."

Are you being Sirius? If so, pass the word along to any help that might be on the way that at least one human down here, in the absence of prevailing, would merely like to cope. That's cope, not tope. I tried toping, and it was ineffective.

For those of you familiar with the works of Joe Bageant, word has it that he's moved to Belize.

Seems like there's a lotta folks "leavin' town". If others take that route I hope they don't expect an easy time of it trying to get back in without a passport though.

Sun Feb 18, 08:46:00 PM EST  
 Anonymous father tyme blogged...

PoLT,

"Seems like there's a lotta folks "leavin' town"...

Goodtime Charlie's got the Blues...

Sun Feb 18, 10:42:00 PM EST  
 Anonymous rcg blogged...

once again, way too sleepy to say much. I like, but I hope that is not how you really make a fist - you're likely to get your thumb jambed back that way. hey, if you set up a training camp, It would be my pleasure to teach you (and everyone else) how to kick thug ass.

Best Regards,

rcg

Mon Feb 19, 03:00:00 AM EST  
 Blogger Weaseldog blogged...

Dennis Perrin has some thoughts on this topic. Because of his blogging, he's having trouble finding work these days. He's gone from being a writer to being a janitor.

http://redstateson.blogspot.com/

Talk radio hosts, specifically SEan Hannity and Rush Limbaugh take time to rally the troops on the air and encourage their listeners to fight on the internet.

Its not the right things to do, but people are dumb enough to do it.

If someone has the time and energy to fight for the war on the internet, then they could be in Iraq, proving the convictions of their beliefs. The fact that they are too cowardly to do so, only proves that at heart, their convictions are a lie.

Mon Feb 19, 08:09:00 AM EST  
 Anonymous blackdog blogged...

Seeina as how I am connected to the web (them internets) with a streched piece of 259 lb nylon staging, a shirt button and a 5 lb coffee can, I have difficulty watching the vids. But this is a hoot!

Quoth the Dark Wraith:

"It is indeed a shame that we have here in the United States a small group of fundamentalists who feel that they are persecuted for their religious beliefs and are thereby justified in whatever they do to fight their persecutors. Were our latter-day martyrs to tell their sad tale to Christians of the early Roman Empire, those believers of that time would certainly sympathize.

More likely, though, they'd laugh until they fell off their crosses."

Ain't it the truth, ain't it the truth!

Tue Feb 20, 10:01:00 AM EST  
 Blogger Dark Wraith blogged...

Good morning, blackdog.

Send me an e-mail message with your address, and I shall send you a CD burn of the four-part "Origins of the Discipline." I had been planning to sell CDs of the series online, but I don't think that's going to happen. I still want to make the lecture accessible, so just contact me, and you'll get your own copy.


The Dark Wraith lights the burner.

Tue Feb 20, 10:26:00 AM EST  
 Blogger PeterofLoneTree blogged...

"...the triviality of whether or not I. Lewis "Scooter" Libby will be convicted for lying to a federal prosecutor. Whichever way the jury decides, that will pretty much be the end of the entire matter." Dark Wraith

Presupposing he is found guilty, I then anticipate the questions here and there of whether he will receive a pardon. Do you suppose if Libby says to bush, "Please don't kill me", bush will find it in the goodness of his heart to spare him?

Thu Feb 22, 10:30:00 AM EST  
 Blogger The Minstrel Boy blogged...

there's some real "will he or won't he" stuff around the pardon. i have no prediction either way. he could do it just to show "fuck you, i'm still preznittin' here" or he could have a bloodshot eye on the polls and realize that it would be the real bitter end of everything if he did a pardon.

Fri Feb 23, 10:00:00 PM EST  
 Blogger Dark Wraith blogged...

Good evening, Minstrel Boy.

My guessing is that Bush won't pardon Libby. On a technical level, if he were to do so, Libby would have no Fifth Amendement right against self-incrimination in any possible, subsequent prosecutions of others.

Besides, at least some rumors have it that Libby has already received his payment for three years of service at the Elgin AFB Club Fed. Whether or not that's true, his defense was gruesomely and suspiciously lame compared to the slash-and-burn his lawyers could have made by dragging Rove and Cheney to the witness stand.

We'll see, though.


The Dark Wraith should probably set up a betting pool for this deal.

Fri Feb 23, 10:53:00 PM EST  
 Anonymous snuffy blogged...

I have watched the live blogging of the trial at firedoglake.The feeling many have is libby is going down,and the sealed inditement is for cheny if fitz can flip libby...and hopfully stop ww3 from starting

I float{lurk} the shakes place for savey commentary...the flack that came their way looked way too organized,and flat Mean not to have its roots in some deep winger shittank.It sickens me to see the bright light like the shakes dimmed by this spew.

Sat Feb 24, 06:52:00 AM EST  

       

Monday, February 12, 2007

Principles of Economics: Origins of the Discipline, Video Edition

Updated 2/16/07 At the beginning of each semester in Principles of Economics classes, I deliver a lecture entitled "Origins of the Discipline." This lecture is given in both traditional classroom settings and in telecourses broadcast to satellite campuses. I am herewith offering that lecture from the beginning of the current semester as a multi-part YouTube video for readers here at The Dark Wraith Forums: Part 1 was posted Monday, February 12, 2007, Part 2 was posted Tuesday, February 13, 2007, Part 3 was posted on Thursday, February 15, 2007 and Part 4, the final segment, has now been posted as of February 16, 2007. All four parts taken together constitute an edited version of the entirety of my "Origins of the Discipline" lecture. Below each YouTube frame is a link to the WMV format file of the video for those who would prefer to download it for viewing that way.

The Dark Wraith encourages readers to enjoy.


Click here for the WMV format version of Part 1 (4:30, 12.3 Mb).



Click here for the WMV format version of Part 2 (9:55, 11.7 Mb).



Click here for the WMV format version of Part 3 (9:54, 34.8 Mb).



Click here for the WMV format version of Part 4 (4:31, 15.4 Mb).

<< 55 Comments Total
 Anonymous Moody Blue blogged...

Wow! I'm gonna watch that again! I'm looking forward to the rest of the lecture. Thank you, Wraith.

Mon Feb 12, 11:12:00 PM EST  
 Blogger andi blogged...

Good morning, Dark Wraith!

This reminds me that I have always gotten more out of lectures than textbooks. People learn in different ways, after all.

This also reminds me how much I enjoyed college (when I was sober enough to attend classes.)

Thank you for making this class accessible to your unoffical online students. I look forward to taking notes as soon as I can fight through the less-than-adequate speakers on my computer. (I will steal my husband's headphones.)

~Andi

Tue Feb 13, 09:36:00 AM EST  
 Blogger Dark Wraith blogged...

Good morning, andi.

I thank you and Moody Blue for commenting favorably. If this video series proves popular, I shall begin to deliver more economics lectures here via YouTube. Eventually, I might switch over to QuickTime since audio and video quality would be better, but we'll have to see about that. First, I have to make sure I'm not driving people away in droves with this kind of blogging.

I should warn you that the part you just saw is a little tamer than what will be coming. In this particular lecture, you'll see a bit more... uh, how should I put this... "forcefulness"... or "rant-orientedness" in later segments.

["rant-orientedness"?!]

Oh, well, get your notebook out. Even if this lecture goes over like a rock and I don't do any more of them here lest I be dragged out and shot, at least you'll get the first night of Principles of Economics under your belt.


The Dark Wraith heads back to the video editing room.

Tue Feb 13, 09:48:00 AM EST  
 Blogger My Pet Goat blogged...

Eventually, I might switch over to QuickTime since audio and video quality would be better, but we'll have to see about that.

I downloaded the WMV file to watch later and thought the quality was fine. I don't know if it is my computer or what, but the buffering was inadequate for the YouTube to play smoothly even at DSL speeds.

What was strange, was after reading your postings here and a few other places, was to have a voice added to my impression of a Wraith based on written words. I expected the black, but what happened to the cape?

Tue Feb 13, 10:41:00 AM EST  
 Blogger andi blogged...

Dark Wraith, if you wouldn't mind, I'd very much appreciate a continued WMV version as well.

Thank you.

Tue Feb 13, 10:53:00 AM EST  
 Blogger Dark Wraith blogged...

Good morning, once again, Andi.

Actually, these videos start as WMV files, which are then uploaded to YouTube, where they are converted into that format. This means I will always be able to provide WMV versions. In fact, I had thought about creating a plug-in that would play the videos straight from their WMV native format, but I'm not sure deploying that on my site would work too well; I might, however, try an experiment later to see whether or not I could get it to work smoothly.

Anyway, you'll always get the WMV link, which seems to be really popular: more than half of the hits to this video are going through the WMV link instead of YouTube. That's kind of cool.


The Dark Wraith might even start running a WMV sidebar frame with on-demand lecture snippets.

Tue Feb 13, 11:10:00 AM EST  
 Blogger Dark Wraith blogged...

Good morning, Mr. Goat.

Believe it or not, I went into that class wearing my black cape that evening. I took it off before I went in front of the camera.

And although black is my usual attire, on occasion I feel quite festive, so I wear a dark grey tie. I think it lends itself to a certain degree of approachability: adding a splash of color to my attire every now and then makes students think I might not eat them alive if they get too close.

They're wrong, of course, but that's the whole idea.


The Dark Wraith is well fed.

Tue Feb 13, 11:14:00 AM EST  
 Blogger trailertrash blogged...

Good morning, Dark Wraith.

The Youtube downloaded very slowly. I changed over to the WMV file and it was slow, but not as.

It was really cool hearing your voice. Like Andi said, the clip also reminded me of college classes from the past.

I look forward to the "rant-orientedness" in later segments. :)

Tue Feb 13, 12:58:00 PM EST  
 Anonymous karen m blogged...

Good morning, Dark Wraith!

The lecture was great! Economics has never been a big interest of mine, but the history of it sounds much more interesting. I'm looking forward to the next part of the lecture.

Wearing black doesn't equal scary. In fact, my music history prof was living proof - I don't think he even owned anything in black. Not even his shoes.

Tue Feb 13, 01:12:00 PM EST  
 Blogger Dark Wraith blogged...

Good afternoon, Karen M.

Strange that you should mention shoes: mine were an old, beat-up pair of brown, low-cut boots. I finally saw a returned pair of shoes in my size in clearance at a local store; the shoes were black, also low-cut boot types, and they were about ten dollars, so I bought them.

I swear, in every one of my classes the first day I wore them, some kind of comment about those darned new shoes was made within the first minute.

Good Heavens! Are shoes that noticeable?!


The Dark Wraith probably should have bought a new pair of shoes years ago if people are shoe-watching that closely.

Tue Feb 13, 01:51:00 PM EST  
 Blogger Dark Wraith blogged...

Good afternoon, Trailer Trash.

These are most definitely huge files. Part 2 is more than twice as large as the Part 1. I've been trying to find a way to reduce the file size without losing much video quality, but so far I'm a little frustrated. Right now, Part 2 is about 30 megabytes(!), and that's going to be the kind of download where people should go out, have dinner, maybe take a weekend vacation, then come back and see if the download has finished.

I'll work on file compression some more before I post it tonight.


The Dark Wraith might have to go to old-fashioned black-and-white for this one.

Tue Feb 13, 01:56:00 PM EST  
 Blogger Weaseldog blogged...

Nice start!

Do you have any plans to cover Frederick Soddy?

Tue Feb 13, 02:37:00 PM EST  
 Blogger busker blogged...

Good afternoon Dark Wraith.

To echo everyone else, I really enjoyed this. I wish you'd been my economics teacher.

Is this okay to cross-post? I like the idea of you lecturing at my blog. :)

Tue Feb 13, 02:38:00 PM EST  
 Blogger Dark Wraith blogged...

Good afternoon, Busker.

Feel free to post these YouTube videos (with attribute, of course). You can get the embedding code at the following YouTube URL:

http://www.youtube.com/watch?v=TUoX5nYTfIk


The Dark Wraith should note that this video is not hitting the Top 25 at YouTube, however.

Tue Feb 13, 03:19:00 PM EST  
 Anonymous father tyme blogged...

DW,
Nice primer.

Ok. If I do 'reel' well during the course, can I drop the final?

And, sorry to come in late. Did I miss the cartoon?

Hey, I think I saw PoLT lookin' at my paper...no fair!!!

Tue Feb 13, 03:23:00 PM EST  
 Blogger Dark Wraith blogged...

Good afternoon, Weaseldog.

This semester, I was lucky to get my Jean-Jacques Rousseau lecture completed because of the way the television studio equipment was behaving. I was absolutely beside myself when I found out that my battle to keep the feeds to the satellite campuses had failed to keep the videotaping of the lecture from collapsing, so I lost the entirety of the lecture on economics and economists of the Left because of the worn-out equipment at the school.

I was so frustrated I broke down and bought my own digital video camera on eBay just so I could record my lectures with confidence. That way, even if the TV feed crashes, students at the other campuses can get the lectures off the Internet.

So anyway, I've gotten nothing on origins and history other than this one lecture on Adam Smith. And this one was on VHS, which I had to rip to hard drive, then edit, then burn back down to WMV.

And if I hadn't done a killer bidding fight and beaten a couple of those damnable eBay trolls who do nothing but hang out there and beat bids with five seconds left, I'd be a whole lot more annoyed about the whole fiasco than I am.


The Dark Wraith still basks in the glory of nailing that eBay troll with exactly one second remaining.

Tue Feb 13, 03:41:00 PM EST  
 Blogger Donviti blogged...

so when the heck was that picture of you taken that is used in your "about the author" column on the right?

I plan on watching your lecture tonight

Tue Feb 13, 03:43:00 PM EST  
 Blogger Dark Wraith blogged...

Good afternoon, Donviti.

Grr.



The Dark Wraith has to look different in class from how he does in his beefcake shots for this blog.

Tue Feb 13, 03:59:00 PM EST  
 Blogger Dark Wraith blogged...

Good afternoon, Father Tyme.

Peter of Lone Tree has already been admonished that surfing the Internet on his iPod during class is frowned upon. Especially when what he's actually doing is making bootleg video of my lectures to sell in China to economics-hungry college students over there who want the straight scoop on economics from a professor like me.


The Dark Wraith needs to talk to Peter of Lone Tree about an equitable royalties arrangement.

Tue Feb 13, 04:02:00 PM EST  
 Blogger The Minstrel Boy blogged...

good afternoon dark wraith:

to paraphrase the mike nicholl's film the graduate when you enter your negotiations with PoLT may i remind you of one word. (one overwhelming word to guide your path)

RESIDUALS

in a world where i play my banjo and you buy household cleansers i must say that the sparkling perfect cleanliness of my existence comes straight out of residuals. as the world moves deeper into the realm of on demand media residuals become even more important.

Tue Feb 13, 05:37:00 PM EST  
 Anonymous blackdog blogged...

Since I'm connected with a streched long lenght of nylon staging with a shirt button and coffee can I will attempt to download the WMV files after I'm asleep. Looking forward to seeing it tomorrow.

Tue Feb 13, 05:48:00 PM EST  
 Blogger trog69 blogged...

Good evening, DW.

As I said when I first hooked up with this site, I'm here because when you teach, even a construction worker like me can grok what your saying. Thanks again for your efforts here.

Before I retired, I had Blackdogs system. Knowing I would probably spend more time online I set up and purchased a monster gaming rig. So between that and cable broadband, bring those 30meg DL's on. No sweat.

Tue Feb 13, 08:53:00 PM EST  
 Blogger PeterofLoneTree blogged...

"The Dark Wraith needs to talk to Peter of Lone Tree about an equitable royalties arrangement."

How 'bout some sort of information barter agreement? Here's a hot tip: Some of the Big Boys' asses might be starting to suck a little wind. From Reuters:
Anxiety simmers about financial Krakatoa.

Information barter? Ah, you know. It's kinda like what the Democrat said to the Republican when they were arguing over their respective party logos:
"I'll hug your elephant if you kiss my...uh, er, donkey".

Wed Feb 14, 12:06:00 AM EST  
 Blogger Wild Clover blogged...

I am presently downloading...You-Tube and dial up just don't play nice for me. Tomorrow I may get to view it.

As an aside...great confusion reigned because I had not mentioned anything about possibly getting a math camp shirt in the mail, and I got this very confuzzzeled phone call at work. The Implet wore it as a nightshirt that very night, and it is muchly appreciated. I haven't had an opportunity to grt on line the past few days to let you know.

Wed Feb 14, 01:48:00 AM EST  
 Blogger PoliShifter blogged...

Excellent work Mr. Wraith. Excellent work.

Wed Feb 14, 01:51:00 AM EST  
 Blogger roger blogged...

good morning dw.....i see that in the second video that you've removed your jacket and rolled up your sleeves, presumably to get to work. bring on the rants.

you are showing us one of the best uses of the intertubes. also...very interesting lectures. thanks.

Wed Feb 14, 10:53:00 AM EST  
 Blogger Weaseldog blogged...

That's an interesting sequel.

What's the reaction from your students?

Thu Feb 15, 09:31:00 AM EST  
 Blogger Dark Wraith blogged...

Stunned silence.

Thu Feb 15, 10:07:00 AM EST  
 Anonymous father tyme blogged...

For outstanding intertubes sin-o-matography;
the winner of the first Adam Smith Award goes to...
dee, dee dee!!!

Thu Feb 15, 12:09:00 PM EST  
 Blogger My Pet Goat blogged...

Stunned silence.

No wonder, they're still trying to figure out what ass bread tastes like.

Thu Feb 15, 12:29:00 PM EST  
 Blogger Dark Wraith blogged...

Good morning, Mr. Goat.

Ah, you caught that. Yes, I do get rather carried away sometimes with my examples.


The Dark Wraith should know better than to work without a teleprompter.

Thu Feb 15, 12:38:00 PM EST  
 Blogger Weaseldog blogged...

Some may be wondering, "What's wrong with Ass-Bread?"

Thu Feb 15, 05:36:00 PM EST  
 Blogger Dark Wraith blogged...

A fair question, my good Weaseldog, one for which I, personally, do not have a satisfactory answer.


The Dark Wraith with have to write up a grant proposal to research the matter.

Thu Feb 15, 07:20:00 PM EST  
 Blogger My Pet Goat blogged...

I can see now how this thread is going to deteriorate. I'll make a comment about the Wraith's new business venture Bad Buns Bakery, somebody else will make a comment about Spam...

Thu Feb 15, 07:50:00 PM EST  
 Blogger Dark Wraith blogged...

...and then I'll chime in something about how hungry I am for a Spam sandwich.


The Dark Wraith reaches for the mayonnaise.

Thu Feb 15, 08:04:00 PM EST  
 Blogger PeterofLoneTree blogged...

"...and then I'll chime in something about how hungry I am for a Spam sandwich."

There's a ready supply almost any time over at the Discussion Forums.

Thu Feb 15, 10:12:00 PM EST  
 Blogger Weaseldog blogged...

I'll have the spam, eggs, bacon and spam. It has twice the spam of the spam and bacon sandwich.

Thu Feb 15, 11:24:00 PM EST  
 Blogger SB Gypsy blogged...

Good Morning Dark Wraith,

I'll just have a fillup in my great big Dark Wraith coffee cup.

Fri Feb 16, 08:57:00 AM EST  
 Blogger Weaseldog blogged...

My latest prognostications about what may bring the market down...

http://weaseldog.blogspot.com/

Fri Feb 16, 12:49:00 PM EST  
 Blogger Weaseldog blogged...

Just in time merchandising?

Fri Feb 16, 12:51:00 PM EST  
 Blogger Mr. Non-Descript blogged...

Dear Professor,

Those videos do bring back memories! I must admit that I'm a bit envious of your current students as it is quite difficult to find instructors such as yourself who are able to convey excitement for their discipline.

Thank you for sharing your lectures to the masses... and hurrah for the Dismal Science! (Thanks to you I now know when the Invisible Hand gives me the bird).

-[ Mr. Non-Descript ]-

Fri Feb 16, 07:14:00 PM EST  
 Anonymous rcg blogged...

Thank you for posting these videos!

Wed Feb 21, 04:10:00 AM EST  
 Blogger SB Gypsy blogged...

Good Morning Dark Wraith,

Now that I've had time to watch the vids, I have to echo the rest of us... Eager for the sequel??

Those videos do bring back memories! I must admit that I'm a bit envious of your current students as it is quite difficult to find instructors such as yourself who are able to convey excitement for their discipline.


...and I always thought passion and economics were antonyms!

Sat Feb 24, 10:50:00 AM EST  
 Blogger Mr. Non-Descript blogged...

...and I always thought passion and economics were antonyms!

One would think! However I have found Economics to be more than interesting to me.

"Passion" definitely wouldn't describe my first reaction to the text book as I skimmed though it before the semester began. Although afterwards it became embedded into my thinking and now I tend to see everything in terms of Economics (SPOILER ALERT: danke to Professor Wraith for the explanation of good deeds and religion - I cannot wait for that video!).

Sun Feb 25, 07:55:00 AM EST  
 Blogger Dark Wraith blogged...

Good morning, Mr. Non-Descript.

Concerning my "good deeds and religion" economics lecture, I consider it a continuing miracle that I haven't been dragged out of the classroom, shot, burned at the stake, and then shown serious disrespect (in that order).

And to those who don't know what we're talking about, here, I must thank Mr. Non-Descript for giving me the idea that I really should, at some point, put up a video of that lecture. I can't explain the lecture; you'll just have to see it to understand why students have the "I can't believe he just did that" look. The upshot, though, is that I get my point across—a principle that is fundamental to all of economics—far more effectively than I would by grinding out the usual, standard drool.

(HINT: During the lecture, I turn into Jesus for about 30 seconds.)

So far, I haven't been blasted by a bolt of lightning; but then again, I wear shoes with rubber soles.

Just in case, mind you.


The Dark Wraith is always cautious when it comes to academics.

Sun Feb 25, 10:26:00 AM EST  
 Blogger SB Gypsy blogged...

Uh, sorry Wraith, but I just watched a program on TV about lightning.

Rubber soled shoes protecting against lightning is a myth.

Same goes for your tires protecting you in a car. You cannot get hit in a car, because the cabin of the car is a faraday cage (cars with fiberglass bodies will not protect you, btw). Lightning can go right through a tire.

Wed Feb 28, 04:09:00 PM EST  
 Blogger Dark Wraith blogged...

Good afternoon, SB Gypsy.

Nevertheless, I'm not taking any chances: maybe they won't save me from the occasional lightning bolt, but at least with rubber-soled shoes on, I'll have a better chance of bouncing on the turf when I come down from being blasted a couple of miles into the sky.

And as far as getting hit by lightning in my car, that wouldn't bother me too much: my battery has been weak for months, and I figure a good charge of a couple million volts might tune the thing up and clear out some of that carbon build-up that's been vexing the cylinders lately.


The Dark Wraith knows how to look on the bright side of lightning.

Wed Feb 28, 05:24:00 PM EST  
 Blogger Wild Clover blogged...

I have put off posting here, because I have been attempting to DL lecture 3. After 8 tries, it will finally play with sound for 2 minutes and some seconds, then no sound for about 15 seconds, then nada. I do believe the filesize surpasses my connection's capacity to stay stable long enough to get the entirety.(slowwww, creaky modem which needs replacing, and an ISP that gets wonky every so often, screwing up long downloads). Any chance of splitting it up into 2 parts? I have and enjoyed 1,2,and 4, and the beginning of 3.

Sun Mar 04, 12:36:00 AM EST  
 Blogger Dark Wraith blogged...

Good afternoon, Wild Clover.

Tomorrow, I'll mail you the series on CD.


The Dark Wraith delivers.

Sun Mar 04, 01:33:00 PM EST  
 Anonymous elf blogged...

Hi DW,
I am finally getting the chance to "catch up" on my DW reading.

Ok, just where do you teach ? I almost got homesick for Aldi LOL. I watched these over on Youtube and you have received a couple of really nice comments there.

You know the "tubes" have been such a great source of an education for me and I am so grateful for the time you take to present these subjects to us.

Will anxiously await the next install, it really was quite interesting how you explain to the class the interweaving of money and philosophy.

I will begin thinking for that winning lotto ticket while I munch on my Bad Bun Bakery roll with Plum jam.

Thanks Again,
elf

Sun Mar 04, 05:02:00 PM EST  
 Blogger Dark Wraith blogged...

Good afternoon, elf.

Economics lectures on YouTube are supposed to be about as popular as Captain and Tennile videos; but somehow, I'm getting subscribers and large hit action.

Something doesn't make sense, here.


The Dark Wraith thinks Oprah might want to know about this.

Sun Mar 04, 05:47:00 PM EST  
 Anonymous elf blogged...

DW,

You crack me up !

Sun Mar 04, 07:29:00 PM EST  
 Blogger BlondeSense Liz blogged...

When are you going to post a link to your "Rate My Professor" page?

Wed Mar 07, 10:08:00 AM EST  
 Blogger Dark Wraith blogged...

When donkeys fly.

Sat Mar 10, 12:10:00 PM EST  
 Anonymous Kevin blogged...

Professor wraith may I ask what your credentials are and where you teach??

Tue Apr 10, 11:14:00 AM EST