News Roundup

As I just finished wrapping my last gift I had the thought that some of us might be unusually busy -- perhaps doing some last minute holiday preparations or otherwise enjoying this Saturday night -- and not so much on the computer this weekend. Thought I might highlight a few of the news bits and such that have caught at least my attention of late:

  • JOHN EDWARDS has emailed his list to ask if his supporters are ready to "take this effort to the next level," bringing his message of fighting poverty and standing up for working families to the presidential stage. Thoughts on the topic? Communicate them to John via JohnEdwards@readytochangeamerica.com.
  • $53 MILLION: the record for the largest single year-end bonus ever awarded to a Wall Street executive, set by the CEO of Goldman Sachs this week.
  • THREE GREAT GUYS -- Kombiz Lavasany, Matt Browner-Hamlin, and Matt Ortega -- lift the veil on their new blog project called The Right's Field. They aim to make it a one-stop shop for the latest on 2008 Republican presidential contenders, including McCain, Romney, Guiliani, Brownback, and Hunter.
  • DAVE EGGERS' new fictional autobiography of one Lost Boy of Sudan is called "an extraordinary work of witness, and of art" by aptly-named book reviewer and author Francine Prose.
  • INCOMING SPEAKER PELOSI has denied CSPAN's request to control its own cameras on the House floor, stating that "the dignity and decorum of the United States House of Representatives are best preserved by maintaining the current system of televised proceedings" in which the cameras are directed by the Speaker. CSPAN had asked for permission to run cameras (pdf) that would allow them to pan the chamber and take action shots of floor activity.
  • SIR BONO. (Actually: Bono, Knight Commander of the Most Excellent Order of the British Empire. Irish-born, he's not eligible for the "sir.")
  • BARACK OBAMA is reportedly reviewing mock travel schedules of a presidential candidate.
  • FREE PRESS, one of the organizers of the Save the Internet campaign, is gearing up for its annual National Conference on Media Reform in Memphis on January 12-14.
  • JIM WEBB is the latest subject for Deborah Solomon, she of the weekly Q&A in the New York Times Magazine in which she asks a famous person probing questions about his or her life. Solomon asks the senator-elect about a reported White House incident in which Webb responded to an inquiry from President Bush about his son by saying that he'd like to see the troops out of Iraq, and Bush snapped back "I didn't ask you that. How's your boy?" Says Webb of reports of the back-and-forth: "This is something that emanated from the White House...I said nothing publicly about it at all." Webb reveals what he'd really like for Christmas -- "the day off."

What else are you hearing and following tonight? I'm getting into the Christmas spirit, despite it being a balmy high of 60 degrees today in New York. This is it for me until next weekend. Have a great night and happy holidays.



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Re: News Roundup (none / 0)

Is everyone off until next week or are there going to be news and blogs like always?


by vwcat on Sat Dec 23, 2006 at 11:29:27 PM EST

Re: News Roundup (none / 0)

On the executive pay stuff - Senator Levin has been great on this. I may be biased, I used to work for him :)... but read for yourself.

If you are at all interested in learning a bit more about executive pay and stock options, Levin has a great page on it.

Since the 1980s, the pay of chief executive officers at U.S. corporations has skyrocketed. Since 2000, average annual CEO pay at the largest U.S. publicly traded companies has ranged from $7 million to $13 million. U.S. CEO pay is now 300 to 500 times greater than average worker pay. In addition, most U.S. CEOs receive lavish severance payments, pension plans, life insurance, and other employment benefits not available to other company employees.

Senator Levin has fought for a number of executive pay reforms over the years. While he does not believe the federal government should establish compensation levels, Senator Levin has successfully fought for other reforms such as requiring publicly traded companies to provide better disclosure of executive pay, and enabling company shareholders to file proposals protesting excessive executive pay and recommending curbs on unreasonable compensation.


by andersej on Sat Dec 23, 2006 at 11:50:25 PM EST

White collar/professionals/middle class populists (none / 0)

This to me is the most interesting story of tonight:

http://www.nytimes.com/2006/12/24/magazi ne/24wwln_idealab.t.html?ref=magazine

It's about how the Democrats won the middle classb because of rather than despite populist arguments. If this is true, then the country is really in the middle of a real reallignment.  The anxiety that they speak of is true of a lot of professionals, but I didn't realize it was starting to affect voting patterns.


by bruh21 on Sun Dec 24, 2006 at 12:15:15 AM EST

Re: News Roundup (none / 0)

I think Mike Gravel is a Democrat.


by js noble on Sun Dec 24, 2006 at 07:19:27 AM EST

Damnit, blogging late (none / 0)

Changed that. (I had "...Brownback, Hunter, and, of course, Mike Gravel" above.) Goes to show I had really never heard of the guy before he declared.
by Nancy Scola on Sun Dec 24, 2006 at 07:40:59 AM EST
[ Parent ]

Only connection I had for him... (none / 0)

...was as the the nym of the eponymous Gravel Edition of the Pentagon Papers.

His prez ambitions - it was like reading that Adlai Stevenson was taking a third crack at it.


by skeptic06 on Sun Dec 24, 2006 at 02:53:31 PM EST
[ Parent ]

Sen. Gravel: Democrat/Maverick/Senior Statesman (none / 0)

Mike's candidacy is an exclamation point in a sea of question marks...His solution to the age old juggernaut of corporatists/demublicanism/republicratoc racy is to "let the people decide". The needs confronting America are too serious and urgent for our system of special interest dealing and partisan disruption (if progress means 'forward motion' what does congress mean?). Corporatists will still run things, despite the recent election. Mike proposes that citizens vote directly on the major issues of our governance. For 160 years the Swiss have voted on the major issues of their governance 4 times a year. That is how seriously they take the need for eternal vigilance. That is democracy.  If you want to empower citizens check out www.gravel08.us also www.vote.org  Mike's candidacy is certain to provoke serious debate...stay tuned.


by georip on Mon Dec 25, 2006 at 12:30:43 AM EST
[ Parent ]

Jim Webb (none / 0)

The Deborah Solomon interview in the NYT Magazine was posted online last night. Sen-elect Webb has such a grasp of matters, for example, when he says that a diplomatic understanding is needed before a timeline to withdraw troops can be decided on. I think he's presidential material, for my money (and vote).


by Books Alive on Sun Dec 24, 2006 at 10:51:52 AM EST

Re: News Roundup (none / 0)

We do need a peace conference but I am afraid that the chairs will have to be arranged in a circle facing outward.


by JSN on Sun Dec 24, 2006 at 11:02:16 AM EST


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