The Daily Late Nightly Show (Back In Black Deux)

The New Guy

Arianna Huffington Exclusive Extended

Keystone Kops

Trevor’s guests this week are-

Mr. Continuity

What She Said

Larry’s panelists this week are-

Mr. Mainstream

Commencement 2016

Stephen’s guests this week are-

Though the lists show the whole week because I didn’t get to them yesterday, please remember this is Tuesday (for about another hour).

Once again we have the pleasure of Lewis Black (he was on The Nightly Show recently). He might be on to talk about his participation in Woody Allen’s new TV venture with Netflix.

Good News For Ohio Voters, For Now

This morning, a court in Ohio restored early voting days

The U.S. District Court of Southern Ohio ruled Tuesday that the deep cuts to Ohio’s early voting days signed into law by Gov. John Kasich (R) are “unconstitutional and…accordingly unenforceable.”

Judge Michael Watson sided with the Ohio Democratic Party, which had sued the state for sharply curtailing the number of early voting days. Since President Obama won reelection in 2012, Ohio’s Republican lawmakers and Secretary of State have voted to eliminate the days and times of early voting that were most convenient for those working full time: the weekend before election day, weekday evenings, and what’s known as “Golden Week,” the time about a month before election day when the registration period and the early voting period overlap.

These cuts, the judge wrote, “results in less opportunity for African Americans to participate in the political process than other voters.”

The court ordered the Republican governor and Secretary of State to once again allow voters to begin casting ballots 35 days before November’s presidential election. Republicans may appeal Tuesday’s ruling to the Sixth Circuit Court of Appeals. [..]

Multiple studies have found that voters of color disproportionately rely on early voting, especially weekend days, and especially the “Golden Week” of same-day registration. Tens of thousands of people voted during “Golden Week” in 2012 alone, more than enough to sway an election in the tightly contested swing state.

“Many voters of color have inflexible work schedules that make coming to their polling place on a single Tuesday in November very difficult,” Mike Brickner, the Senior Policy Director for the ACLU of Ohio, told ThinkProgress. “Because of the historic and systemic oppression of African Americans in our voting system, many choose to take advantage of early in-person voting. In that community, mailing in your ballot is not favored choice, because it doesn’t feel as though it will really be counted.” Judge Watson agreed, saying in his ruling that “the record reflects that African Americans are distrustful of voting by mail.”

A bipartisan presidential commission also found that early voting helps reduce long lines and chaos on election day, something that has been a particular problem in recent Ohio elections. Judge Watson noted in his ruling that the state’s early voting cuts “will likely result in longer lines at the polls, thereby increasing the burdens for those who must wait in those lines and deterring voting.”

Republicans don’t want people of color or the working poor and low income, who are mostly Democrats, to vote and will do everything to stop them from exercising their rights. They have 5 months to fight this ruling. Hopefully, it will stand.

U.S. Primaries And Caucuses Are ‘An Erratic Clusterf**k Every 4 Years’

I’ve been saying this for years and I’m not alone, our system for selecting the person who will head the most powerful country in the world is in need of a major overhaul. I’m not saying this because my candidate is losing, I have no candidate in this race, except that the prospects of a President Trump scares the hell out of me. It should scare everyone. No I’m saying this because the system of primaries and, especially, caucuses are flat out undemocratic and arcane. John Oliver, host of HBO’s “Last Week Tonight,” explains just how screwed up it is:

Primaries and caucuses, Oliver said, are the “electoral foreplay” that will “culminate in the mass balloon ejaculations of this summer’s conventions.”

“Until 50 years ago, most states didn’t even have primaries,” Oliver explained. “And candidates were chosen by party insiders at the convention.” In 1968, however, “that system broke down” when party leaders tapped Hubert Humphrey as the Democratic nominee,” causing physical altercations at the convention.

So now we have these little nightmares called caucuses, “which can be prohibitive,” Oliver continued. “Because if you work at night or you can’t get a babysitter or you don’t have transportation, you can be frozen out.”

In 2012, for example, turnout for caucuses averaged just 3%.

“If you have three percent turnout at an orgy,” Oliver said, “it’s basically just you masturbating next to a table of uneaten snacks.”

Maybe someday John will share with us what he thinks about the electoral college.

Cartnoon

The Breakfast Club (Protesting)

Welcome to The Breakfast Club! We’re a disorganized group of rebel lefties who hang out and chat if and when we’re not too hungover we’ve been bailed out we’re not too exhausted from last night’s (CENSORED) the caffeine kicks in. Join us every weekday morning at 9am (ET) and weekend morning at 10:30am (ET) to talk about current news and our boring lives and to make fun of LaEscapee! If we are ever running late, it’s PhilJD’s fault.

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This Day in History

Samuel Morse opens America’s first telegraph line; Four men sentenced for the 1993 World Trade Center bombing; Britain’s Queen Victoria born; The Brooklyn Bridge opens; Singer-songwriter Bob Dylan born.


Breakfast Tunes


Something to Think about over Coffee Prozac

Cats don’t like change without their consent.
Roger Caras

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The Daily Late Nightly Show (Beyond too much Beastie Boys)

The Real Deal

First Trimester

Shut Up already

ps. Andrew Jackson was an evil man

Pobrecito

You got to fight, for your right, to build a multi-Million dollar stadium on the taxpayer’s dime

Have I mentioned I hate Mondays?

The End Of The World

Allow me to briefly recapitulate. The London Interbank Offer Rate, or Libor as it’s commonly called, is supposed to be the interest rate international banks charge their most credit worthy customers, other banks.

It is primer than prime and the basis for most other calculations of interest rates, the amount charged to purchase money, throughout the global economy.

Now it’s based on a survey sent to a select few banks that they fill out anyway even if there haven’t been any recent transactions to base it on and because the sample is so small it’s extremely susceptible to error (which you can’t do anything about statistically speaking) and corruption, which is a crime.

A really big crime actually, involving practically all financial transactions over more than a decade. In layman’s terms, as far as that can be applied to numbers that are truly astronomical (92,935,700 miles is the average distance between the Earth and the Sun, a number so large it is typically abbreviated to 1 Astronomical Unit and takes light itself slighly more than 8 minutes to travel), as much as 100s of Trillions of Dollars (100 Trillion Miles is 17 Light Years, which is a lot).

It’s simple enough. Traders at these banks would make bets on the value of the Libor that they controlled and take their vigorish and add it to the bottom line. They didn’t steal a lot (well, kind of a lot but not 17 Light Years), however it made every transaction across the economy more expensive.

I hope you’re getting the impression that this is Yuuuge. So much so that initially the Court system wouldn’t deal with it despite the fact that there are literally tons of evidence and documentation. Instead banks have paid civil fines in the Billions (the cost of doing business) and every one has gone back to cheating as usual because, why not?

Lawsuit accusing 16 big banks of Libor manipulation reinstated by US court
by Jana Kasperkevic, The Guardian
Monday 23 May 2016 16.01 EDT

A US appeals court on Monday reinstated a civil lawsuit accusing 16 major banks of conspiring to manipulate the Libor benchmark interest rate. The ruling, which overturns a 2013 decision, could bankrupt the institutions, the judges warned.

A lower court judge erred in dismissing the antitrust portion of private litigation against Barclays, Bank of America, Deutsche Bank, HSBC, UBS and others on the ground that the investors failed to allege harm to competition, according to the US circuit court of appeals in Manhattan.

Libor, or the London interbank offered rate, underpins hundreds of trillions of dollars of transactions and is used to set rates on credit cards, student loans and mortgages. It is calculated based on submissions by banks that sit on panels.

Back in early 2013, Manhattan federal district court judge Naomi Reice Buchwald dismissed the claims filed by private plaintiffs. According to her 161-page decision, the banks did not violate antitrust laws when they colluded to manipulate the Libor benchmark interest rate and that the plaintiffs failed to prove harm from such collusion.

Buchwald’s 2013 decision surprised some, as at the time Barclays, UBS and Royal Bank of Scotland had already settled cases with more than $2.5bn in penalties. Since then penalties in Libor-rigging probes have climbed to roughly $9bn, including a penalty of $2.5bn against Deutsche Bank.

After determining that the plaintiffs had sufficiently shown they had been harmed by the alleged rate manipulations, the panel sent the case back to the lower court.

They also warned of dire consequences should the case be proven against the banks. If the court were to rule in favor of the plaintiffs, they would be eligible to receive triple damages and attorneys’ fees for any violations.

“Requiring the banks to pay treble damages to every plaintiff who ended up on the wrong side of an independent Libor‐denominated derivative swap would, if appellants’ allegations were proved at trial, not only bankrupt 16 of the world’s most important financial institutions, but also vastly extend the potential scope of antitrust liability in myriad markets where derivative instruments have proliferated,” the US court of appeals in New York said in the ruling issued on Monday.

Too big to fail eh? Restores my faith in the Courts this does.

My investment advice? Yap Island Stones. Too big to steal.

Just Because You’re Paranoid Doesn’t Mean You Don’t Have Real Enemies

Depression. Anxiety. Seasonal Affective Disorder. I have those, diagnosed by actual doctors. I’m not paranoid beyond what would be expected, yet I have people who hate me. Funny story, not hah hah funny, strange funny. I’m in the local Hospital because I’m 120+ years old and I get sick beyond the power of chicken soup and bed rest to cure no matter how much garlic you put in it (and the rumors I sleep in a coffin are simply not true, a scattering of home earth suffices as long as I use SPF 1000) and so I ended up up spending an uncomfortable and sleepless night before I was “stable”.

Don’t let anyone tell you a Hospital is a place you can rest, that’s why I hate visitors. Besides, they only come to poke you with a stick and see if you’re dead. You’ve hardly lived until you have to take a dump in front of your friends or had them wheel out a room mate and replace them with an empty bed. Guys, I think everyone in the world knows what Code Blue means, you’re not fooling anybody.

So I’m lying there trying not to die because that would be inconvenient, watching Monday Mornings the first episode of which convinced me I had a brain aneurysm but it was probably just the writing and acting, and listening to the nurses chat.

“But you know who I really hate? It’s that snotty ek hornbeck.” “Yeah, he’s the worst.”

I know what you’re thinking, but you would be wrong. My first reaction was “Yay, kossacks!” My second reaction was “Well, thank goodness I didn’t give them my card.” John Henry was a steel driving man and Roger Murdock is an Airline Pilot. You may feel free to think it’s a mere near death hallucination but I’ve been sicker, or a drug induced delusion but they never give me any good ones and since I was being prepped for surgery under a general anesthetic it was straight saline.

Besides, they repeated it at the next shift change. I must have really pissed them off.

Oh I have tons of hilarious Hospital stories, but that’s not my main point nor is my mental illness. I admit to them as proof of fundamental sanity, many things about me are wrong or flat out lies designed to disguise, but sometimes they are real enough.

The Role of Politicians in an Oligarchy
by Ian Welsh
2016 May 20

Politicians wrangle voters for oligarchs, who pay them well for the service. They then pass bills and regulations which help those oligarchs, because it is those oligarchs who give them almost all their money.

If a politician does not do this, and gets into a position of potential power, the attacks are unrelenting.

For an example, please read the media coverage of Corbyn; note also how much he is attacked by Labour party politicians, EVEN as the vast majority of Labour party members support him (and that support has increased since he won the leadership.)

Corbyn didn’t take the money. For decades he didn’t take the money. He didn’t become a Blairite even though he had every reason to believe that by not doing so, he was condemning himself to a life as a bank bencher and to never get rich.

Whether you agree with Corbyn’s beliefs or not, THAT is integrity.

The vast, vast majority of politicians in the developed world are not just corrupt, they are your enemies.

The actions they take impoverish you and kill you in exchange for wealth and favors from the rich.

A man like Obama or Bill Clinton (or, in the future a woman like Hillary Clinton) is far more likely to ruin your life than Osama bin Laden ever was. Bill Clinton pushing through Welfare “Reform” harmed millions of the poorest weakest people in America. Repeal of Glass-Steagall allowed the financial crisis to happen.

Unless you are an oligarch, or a retainer who is on the gravy train, people like Clinton and Obama and Blair and Cameron and Thatcher are your enemies. They are a direct threat to your well-being, welfare and even life.

The first thing anyone who wants to be realistic about politics and power needs to realize is this fact.

Enemies.

Elizabeth Swann- “Prepare every vessel that floats.”

 photo 400px-Edward_Low_Flag.svg_zpsj0zuyhm5.png

The geek in me knows that is Ed Low’s flag, but it fits the description.

Cartnoon

The Breakfast Club (Unbroken)

Welcome to The Breakfast Club! We’re a disorganized group of rebel lefties who hang out and chat if and when we’re not too hungover we’ve been bailed out we’re not too exhausted from last night’s (CENSORED) the caffeine kicks in. Join us every weekday morning at 9am (ET) and weekend morning at 10:30am (ET) to talk about current news and our boring lives and to make fun of LaEscapee! If we are ever running late, it’s PhilJD’s fault.

 photo stress free zone_zps7hlsflkj.jpg


This Day in History

Top Nazi official Heinrich Himmler commits suicide; Israel captures fugitive Nazi Adolf Eichmann; Bank robbers Bonnie and Clyde killed; Industrialist John D. Rockefeller dies; Golf legend Sam Snead dies.


Breakfast Tunes


Something to Think about over Coffee Prozac

The fact is that more people have been slaughtered in the name of religion than for any other single reason. That, that my friends, is true perversion.
Harvey Milk

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