Archive for Media Morons

Heard On The BBC

Today on the BBC they did a heartfelt piece about the anguish of the average Gazan. It dripped with empathy, British-style, meaning they were warm and caring toward the Gazans and at the same time hostile and snotty toward Israel.

I thought about this: “Aggie, (I thought), how can you help the British media, and the British public, to feel empathy for the suffering of the Israelis? How to make them understand that in a nation of roughly 7 million people, 14,000 missiles have been launched from Gaza in total, and about 3,500 of them happened within the past couple of months? How can such loving people not feel for the poor Israelis, and how can I help?”

Well, I thought and I thought and I think I have the solution. It is pretty simple. You see, there are about 7.5 million Israelis, but 63,742,000 citizens of the UK. I want to divide the UK into Israel-sized populations. Hmmm. I have to divide 63,742,000 by 7.5 million. It comes up to 8.493333333333. Let’s agree on 8.5, ok? So that means that there are 8.5 regions of the UK, somehow divided into 7.5 million human beings each (except for the .5 which has only 3.75 million, give or take). Got it? Now draw the borders any which way, as long as each region has only 7.5 million people.

And start shelling them. Randomly and persistently, begin to fire missiles into the UK. Some will land in fields, some will shatter the stained glass in those beautiful cathedrals, some will hit cafes, and some will land in nursery schools or senior living facilities. This needs to go on for 9 years and it needs to be random. Perhaps someone can write a computer program to create the randomness of the targets? And naturally, the missiles themselves must be faulty enough that even if something is aimed at a park, it could as easily land in the 3rd floor living room of a nice apartment.

Talk doesn’t matter. Whoever runs the program can talk and talk and talk, as long as the shelling continues. It’s best if they promise to stop if demands are met, etc., but the shelling must continue. Oh, and it would be lovely if the population of Britain was blamed for their own misery and most especially if the UN passed dozens, oddles!, of resolutions blaming them.

In 9 years, we can see how the BBC responds. Our readers who either live in the UK or are familiar with it can write and let us know if this would work.

Best,

Aggie

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Hamas Executes Tunnel Builders

In order to protect the secrecy of the locations

The tunnelers, many of whom constructed the tunnels over the course of months, would dig for 8-12 hours a day, and received a monthly wage of $150-$300, according to the blog.

Sources in Gaza told the website that Hamas took a series of precautions to prevent information from reaching Israel. The terror organization would reportedly blindfold the excavators en route to the sites and back, to prevent them from recognizing the locations. The tunnels were strictly supervised by Hamas members, and civilians were kept far from the sites.

M., a former tunnel digger and Israeli collaborator, told the website that Hamas would strip search the workers to ensure they had no recording devices or cameras hidden on them.

“The people we met had their faces covered; no one knew them by their real names, it was all codes and first names. They didn’t want to take the risk that some of the diggers were collaborating with Israel,” he said.

A tunnel, within a civilian home, found by Golani soldiers in the northern Gaza Strip (photo credit: IDF Spokesperson’s Unit/ Flash 90)
A tunnel entrance, within a civilian home, found by Golani soldiers in the northern Gaza Strip (photo credit: IDF Spokesperson’s Unit/ Flash 90)

After the tunnels were completed, dozens were reportedly executed to prevent intelligence leaks to Israel.

“Anyone they suspected might transfer information to Israel on the tunnels was killed by the military wing,” a different source said. “They were very cruel.”

In 2012, a Journal of Palestine Studies article claimed 160 Palestinian children were killed while working on Hamas’s tunnel system.

The digging of tunnels began four years ago and has demanded 40 percent of Hamas’s budget, The Times of Israel has learned.

Tunnel diggers have been using electric or pneumatic jackhammers, advancing 4-5 meters a day. The tunnels found were reportedly mostly dug 18-25 meters (60-82 feet) underground, though one was discovered at a depth of 35 meters (115 feet). “That’s like a 10-story building underground,” one expert said.

So, let’s see: They executed both adults and children who were hired (forced?) to build the terror tunnels. They used 40% of the aid provided by the west to carry this out. And the Left thinks that Israel is somehow the bad guy?

- Aggie

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Romney Got It Right – All Of It.

Iraq, Russia, the economy, health care…

Almost every day, it seems, brings a headline demonstrating how right 2012 Republican presidential candidate Mitt Romney was, and how wrong President Barack Obama was, on the critical issues facing America.

In 2012, Romney warned that Obama’s failure to secure an agreement to keep a residual military force in Iraq would threaten the U.S. gains made at such a high cost in American lives and treasure. “America’s ability to influence events for the better in Iraq has been undermined by the abrupt withdrawal of our entire troop presence,” Romney asserted.

The chaos in Iraq today supports Romney’s view. With no U.S. military presence to constrain Prime Minister Nouri al-Maliki, the Shiite politician persecuted Sunni leaders and gutted Sunni participation in government and the military. Worse, it set the stage for Sunni sympathies to turn to the fanatical Islamic State in Syria and Iraq that has conquered a significant part of the country and waged genocide against religious minorities. Obama has had to order U.S. air strikes to protect U.S. personnel in the Kurdish region and to support Kurdish militia to keep ISIS from capturing all of northern Iraq.

In the 2012 debates, Obama mocked Romney for calling Russia America’s top geopolitical foe. Today, Russia has stolen Crimea from Ukraine, funds and provides weapons and men to Russian separatists in eastern Ukraine and even threatens an invasion of the country. President Vladimir Putin meddles in the Mideast, seeks to expand Moscow’s clout in Latin America, and harbors renegade Edward Snowden.

On domestic issues, Romney in 2011 advanced the idea of giving veterans a voucher to obtain medical care they could not get at a Veterans Administration hospital. This year saw the VA scandal reveal that long waiting lists for hospital treatment were hidden. Legislation Obama signed this week allows vets to seek help outside the VA system.

Romney understood that the nation’s outdated, complex tax code encourages U.S. corporations to park assets overseas and invest in other countries. He recommended tax reform to keep that money and business in America and boost the economy. Obama does nothing about reform but demagogues as “unpatriotic” corporations pressured by the tax code to seek profits and better returns for shareholders overseas.

More at the link. Read it and weep.

- Aggie

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President Obama Speaks Nonsense, Part Deux

We noted yesterday what utter drivel Obama talked with Tom Friedman about Israel. Of particular note was his claim that Netanyahu was too popular among his people to make peace. But we kind of blamed Tom Friedman. He has that effect on people.

To wit:

“Our politics are dysfunctional… societies don’t work if political factions take maximalist positions,” said Obama, who repeatedly claims to be a moderate stymied by the GOP’s supposed obstructionism and radicalism.

“And the more diverse the country is, the less it can afford to take maximalist positions,” Obama added.

That comment about diversity was likely a warning to conservatives, who are expected by many Democrats to lose power as the nation absorbs more foreigners who do not share conservatives’ small-government ideals.

“Increasingly politicians are rewarded for taking the most extreme maximalist positions… and sooner or later, that catches up with you,” Obama warned.

The GOP was first on the list of causes that Obama blamed for the political divisions that are blocking his agenda, such as increased immigration. However, his list also included a series of subsidiary causes that are actually consequences of underlying ideological conflicts and economic factors.

“While he blamed the rise of the Republican far right for extinguishing so many potential compromises, Obama also acknowledged that gerrymandering, the Balkanization of the news media and uncontrolled money in politics — the guts of our political system today — are sapping our ability to face big challenges together, more than any foreign enemy,” said Friendman, who is an Obama supporter, and a champion of progressive-style expansive government.

I guess you’d have to say that Republicans are too popular, as well, to make peace with the president. That would put Obama in the same position as Hamass, intractable villain, which is my view, but I doubt Friedman’s. Like I said, Tom Friedman can make an idiot out of anyone, merely by projecting his own idiocy. It’s his superpower.

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Meanwhile, ISIS Is Forcing Christians To Convert To Islam, And Then Beheading Them

Hey Europe! Where are the protests? Why aren’t you attacking people on the streets over this? And for that matter, where are the protests in the US? Where is our State Department or our Great Leader, President Obama?

If you’re following the news about ISIS, which now calls itself the Islamic State, you might think you’ve mistakenly clicked on a historical story about barbarians from millennia ago.

In a matter of months, the group seized territory in both Iraq and Syria and declared an Islamic caliphate, celebrating its own shocking slaughter along the way.

“I don’t see any attention from the rest of the world,” a member of the Yazidi minority in Iraq told the New Yorker. “In one day, they killed more than two thousand Yazidi in Sinjar, and the whole world says, ‘Save Gaza, save Gaza.’”
In Syria, the group hoisted some of its victims severed heads on poles. One of the latest videos of the savagery shows a Christian man forced to his knees, surrounded by masked militants, identified in the video as members of ISIS. They force the man at gunpoint to “convert” to Islam. Then, the group beheads him.

ISIS has targeted members of numerous minority groups in the region, including Christian nuns, Turkmen and Shabaks, according to Human Rights Watch.

ISIS is apparently beheading children too. So, again, where is the Western world? Or don’t you care?

- Aggie

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Bulldog of the Press?

Or turtle?

International press in Gaza has hardly reported on how Hamas operates in this round of fighting and photos or video of Hamas fighters from recent weeks are rare, the reason for which became apparent this week as several journalists reported being threatened and even expelled from Gaza for reporting the terrorist organization uses civilian sites to attack Israel.

Reporters from Italy and the US corroborated the IDF’s explanation for explosions near Shifa Hospital and by a playground in Shati on Tuesday, that it was a result of rockets misfired by Gazan terrorists.

However, one altered his report and another waited to leave Gaza because he feared retribution from Hamas.

Italian journalist Gabriele Barbati tweeted a photo on Tuesday as he went through the Erez crossing into Israel.

Barbati then he tweeted the following in Italian and English: “Out of Gaza far from Hamas retaliation: Misfired rocket killed children [yesterday] in Shati. Witness: militants rushed and cleared debris.”

He followed that tweet with another: “@IDFSpokesperson said truth in communique released yesterday about Shati camp massacre. It was not Israel behind it.”

The Wall Street Journal’s Middle East Correspondent based in Egypt Tamer El-Ghobashy tweeted a photo of rubble with the explanation: “An outside wall on the campus of Gaza’s main hospital was hit by a strike. Low level damage suggest Hamas misfire.”

Soon after, El-Ghobashy deleted the tweet, similar to his Wall Street Journal colleague Nick Casey, who tweeted a photo of a Hamas official using Shifa hospital for media appearances last week and then deleted it.

El-Ghobashy then replaced the same tweet with the same photo and the text: “The outer wall of Gaza City’s main hospital was struck. Unclear what the origin of the projectile is.”

The French newspaper Liberation published an article last week detailing how Hamas interrogated French-Palestinian journalist Radjaa Abu Dagga and threatened to throw him out of Gaza – all in Shifa hospital. The article was later removed at Abu Dagga’s request.

Pro-Palestinian activists and journalists, including Fadi Arouri from Al-Ayyam, reported on Wednesday that RT (formerly Russia Today) correspondent Harry Fear was told to leave Gaza after he tweeted about Hamas rockets being fired into Israel from near his hotel.

In another tweet from last week, Fear called Al-Wafa hospital “the hospital with human shields.”

Reporters Without Borders confirmed to Liberation that many journalists reported being threatened by Hamas, though the organization’s website criticizes Israel.

Love that “THOUGH”. Hamass is threatening to kneecap anyone with a steno pad, but RSF blames Israel. Dinks. Megadinks.

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Andy Griffith Beats Rachel Maddow

Now, that’s a pay-per-view I’d shell out for!

But it’s a figurative beating, not a literal one:

What’s most disconcerting for MSNBC might be its total day average among the news demo of adults 25-54. Dropping 33 percent from July 2013, it actually ranked below HLN by 16,000 viewers for No. 4 status.

To be sure, it wasn’t a particularly outstanding month for most of the networks. In primetime and total day, CNN, MSNBC and HLN all were off double digits in the targeted demographic compared to a year ago. FNC, which easily retains the top slot, had the benefit of being up a tick (2 percent) in primetime for an average 299,000 adults 25-54.

There also are individual races that proved more interesting than usual. In the morning, CNN’s New Day overtook MSNBC’s Morning Joe in the key demo, 93,000 to 79,000 viewers. At 5 p.m., FNC’s The Five hit its third month at No. 1 among total viewers across all of cable — beating Nickelodeon’s longtime vet and kid-pleaser SpongeBob SquarePants.

And in the evening, Rachel Maddow was only marginally improved from her lowest month ever in June, averaging 181,000 viewers in the key demo. (FNC’s Megyn Kelly, by contrast, enjoyed her second-highest-rated month since launch with an especially strong 386,000 adults 25-54.)

It’s also worth noting that Kelly and Maddow no longer see traditional news competition from CNN at 9 p.m. ET. Doc special The Sixties, which has been airing in the hour on Thursdays, has averaged 291,000 adults 25-54 over the course of its seven premiere telecasts. It now regularly outperforms Maddow.

That means Ozzie and Harriet—heck, Harriet by herself—kicks Maddow’s ass. Across this great nation of ours, almost 320 million strong, Maddow pulls the equivalent of Overland Park, Kansas to her show. She can’t even beat a series from half a century ago.

But then, America has taste. No aspersions intentionally cast, but if I want to look at a woman with a mannish haircut, I’m going to watch Andy’s squeeze, Helen Crump (Aneta Corsaut), over Rachel Maddow (Rachel Maddow) any day:

PS: I see Fox News Sunday beat Meet the Depressed too. They never should have gotten rid of Laurence Spivak. Talk about eye candy!

PPS: So what? MSNBC and CNN may trade places on the list of who’s the biggest joke, but Obama is still president. No wonder Maddow’s always smiling.

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Woulda, Coulda, Shoulda

What’s Romney up to these days?

We followed family tradition this year by taking 5 of our 22 grandkids, ages 10 through 13, on a trip through the American West. My Mom and Dad began the tradition, showing their grandchildren the majesty of our country and teaching them about the sacrifices and character of the pioneers. We visited Goblin Valley, Spooky Gulch, Peekaboo Slot Canyon, Capitol Reef National Park, Bryce National Park, Zion National Park, Lake Powell, Rainbow Arch, Grand Canyon, and the four falls in the Havasupai Reservation. All totaled, we hiked over 50 miles: quite a feat for the young—and for Ann and me.

With the grandkids a captive audience, we taught them about their own ancestors: Ann’s side played instrumental roles in the foundation of the country, including William Bradford and Grover Cleveland. Mine were key to the establishment of our Church and the settlement of the American West.

The adventures were more than we had planned, with unexpected obstacles during our nine hour hike down the Subway trail of Zion National Park, a breathtaking descent to Mooney Falls in the Havasupai Reservation, and a very close encounter with a rattlesnake.

We came away more appreciative of the landscape God gave us, of the sacrifices of the pioneers, and of the comforts of air conditioning and home cooked meals!

We were also sobered by the tragic events in Ukraine and Israel. True is the principle that guided America’s founders: united we stand, divided we fall. As we experienced the grandeur of the West, our hearts went out to those millions in the world who suffer.

romney

How absolutely normal. We could have had a sane person at the helm.

- Aggie

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Gosh, Darnit! A 3rd Rocket Stash Found At A UN School.

UN schools have more rocket stashes tucked away than I have extra pairs of reading glasses. They’re so easy to lose, right?

The United Nations Relief & Works Agency For Palestine Refugees (UNRWA) announced Tuesday that another rocket stockpile has been found at one of its schools in Gaza. This instance marks the third time since the beginning of Operation Protective Edge that a weapons arsenal has been found at an UNRWA school in Gaza.

UNRWA has yet to place blame on any individuals or organizations for placing the weapons stockpile within a children’s school. The UN body refused to do so on the past two previous occasions as well.
The UN body, after both previous findings, has handed the rockets it had found back into the possession of “the local police,” otherwise known as the terrorist group Hamas.

This week, UNRWA supplies and building materials had been found in Hamas’s tunnel infrastructure, which has been used to smuggle weapons and carry out attacks on the State of Israel.

The UN agency has a well-documented history of using their US taxpayer-funded facilities to promote anti-Israel and anti-Semitic propaganda. It has in the past been accused of aiding and abetting radical Islamists in Gaza and elsewhere.

Imagine that! The UN paid for the tunnels (in part) along with you and me, the American taxpayer. And now Israel is destroying all that work and all that money. Shouldn’t we do something about Israel? Those are Peace Tunnels™, intended to show the loving side of the Peaceful Palestinians™. Mean old Israel has to stop!

Do you suppose that the UN will “lose” this weapons too? I’m taking the over on this one, BTL.

- Aggie

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US Sets Israel Up For “Relation Meltdown”

People should contact their representatives to complain about this.

After being caught on a hot mic July 20 saying, “It’s crazy to just be sitting around,” Kerry finally departed for Egypt. He spent most of the week in his hotel in Cairo, holding meetings and making dozens of phone calls, traveling to Israel and the West Bank for a few hours only July 23.

When Kerry sent the Israel government his draft ceasefire proposal July 25, the Israeli cabinet rejected it unanimously and senior Israeli officials leaked several angry and nasty criticisms of Kerry to the Israeli press. Kerry’s meeting with the Turkish and Qatari foreign ministers in Paris on July 26 evoked another round of leaked quotes about Israel’s frustration with Kerry’s effort. [They fail to mention that Egypt is also upset with Kerry. - Aggie]

Of course, the Benjamin Netanyahu government in Israel was wary of Kerry’s efforts. Israel has been resisting Kerry’s criticism that their operations should focus more on avoiding civilian casualties and has groused [Note the use of the verb: to grouse. Is that serious? Does that imply the fear that your communities will be overrun with Hamas terrorists coming through tunnels, Hamas shells landing randomly on homes, schools, roads? No, it does not. They are intentionally downplaying Israel's extremely valid concerns. Why? Because they are journalists, trying to control the mood of the American public and to turn it against Israel. - Aggie] that Kerry’s proposal would reward Hamas for launching barrages of rockets into Israel. Israeli officials have also disparaged Kerry in public and private ever since Kerry’s last Middle East peace push collapsed in April. [They are "disparaging" him because he is a weasel. We in Massachusetts can attest to that.- Aggie]

But anonymous Israeli officials were not the only ones grousing about Kerry’s diplomacy. Asharq al-Aswat, an Arab newspaper based in London, quoted a senior Palestinian Authority official over the weekend saying Kerry’s plan was an attempt to destroy the Egyptian ceasefire proposal. [Yes, because it hands a win over to Hamas and makes the entire region less safe. - Aggie]

State Department officials have claimed all week that an immediate ceasefire leading to a negotiation for a more permanent agreement between Israel and Hamas was the only way forward. Meanwhile, the death toll mounts on both sides, with the Palestinians bearing the brunt of the tragedy; 48 IDF soldiers and over 1,000 Palestinians have now been killed. [Mostly fighters, males between the ages of 18-50 = roughly 75% of deaths. - Aggie] The Israelis have effectively cut off nearly 40% of the Gaza Strip. Some of Gaza’s most densely populated neighborhoods have been flattened in what many say amounts to collective punishment of the Palestinians by the Israeli government.

But the Israeli government has made clear publicly and privately it would not agree to a ceasefire until its ongoing mission to destroy Hamas’s network of tunnels was complete.

No sane person wants to do what Kerry and Obama are demanding. They want Israel to stop fighting, even though the rockets continue and the tunnels are still in place. This is the best advertisement for the Republican Party that I can imagine.

Top Obama administration officials Monday were still pressing for a ceasefire based on Kerry’s draft proposal, revealed first by the Israeli newspaper Ha’Aretz and then by The New York Times Monday. The Israeli cabinet rejected it unanimously last week. Deputy National Security Adviser Tony Blinken told CNN on Monday that because the Israelis had “significantly further degraded” Hamas’ tunnels, the Kerry plan was still the best way forward.

Blinken also insisted that Kerry’s plan contained many of the “same elements” as an Egyptian proposal, released July 15 and immediately rejected by Hamas. Cairo’s plan called for an immediate halt to violence on both sides and would have provided for the opening of border crossings and the end of rocket fire into Israel.

But the two plans also had key differences. Multiple Israeli officials, lawmakers, and experts told The Daily Beast that Kerry’s proposal altered the Egyptian ceasefire in many important ways, and in one case altered longstanding U.S. policy toward the funding of Hamas.

Two Israeli government officials told The Daily Beast that Israel could not agree to the Kerry draft proposal because it felt it would constrain the Israeli Defense Forces from finishing their mission to destroy the tunnels in Gaza. Yet Kerry’s proposal explicitly did not include a call for the IDF to withdraw from Gaza during the ceasefire. What’s more, U.S. officials told the Israeli government that tunnel work would be able to continue during the ceasefire, as it had during the previous short-term pauses in the fighting.

The Israeli government was not confident the IDF would be able to continue tunnel destruction inside Gaza during the ceasefire. The officials in Jerusalem were not willing to commit to any timeline for completing the tunnel mission because they were still discovering the extent of the tunnel network and thought the mission could take as long as three weeks to complete.

“The Israelis felt their security concerns weren’t addressed by Kerry’s proposal,” said Dennis Ross, a former White House senior official and longtime Mideast envoy. “The ceasefire was going to put the Israelis in a position where the tunnels were still there. A ceasefire that doesn’t address that is not one that the Israelis could accept.”

I will assume that Obama and Kerry are not stupid. By penning a “peace plan” that hands a victory to Hamas, one they knew that Israel would reject – and the entire society has rejected it, Left, Right and Center – they were setting Israel up for scapegoating. Now they are righteously indignant. How DARE Israel be so rude!!!

And notice that our tax dollars, which already fund terrorist organizations, are set to increase funding to Hamas:

The Kerry proposal also stated a commitment would be made to “transfer funds to Gaza for the payment of salaries of public employees.” Israeli and U.S. officials said the understanding was that money would be given to Hamas by the government of Qatar. A senior U.S. official said that the American government doesn’t like Qatar providing money to Hamas, which is still officially designated as a terrorist organization by the State Department. But Kerry was trying to reach Hamas and he believes this was the best way to influence them.

“The fact is, [the Qataris] are [funding Hamas] and as a result of that they have some influence,” the senior U.S. official said.

Cute. The more vicious the terror group, the more likely they are to get funded. Dig tunnels, fire rockets, receive a bonanza!! Don’t try this trick at home, kids.

BTL: We should have a category called Useful Idiots.

- Aggie

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He Won.

We’re Sad.

Americans really wish they elected Mitt Romney instead of Obama

Americans are so down on President Obama at the moment that, if they could do the 2012 election all over again, they’d overwhelmingly back the former Massachusetts governor’s bid. That’s just one finding in a brutal CNN poll, released Sunday, which shows Romney topping Obama in a re-election rematch by a whopping nine-point margin, 53 percent to 44 percent. That’s an even larger spread than CNN found in November, when a survey had Romney winning a redo 49 percent to 45 percent.

Two years ago, Obama won re-election with about 51 percent of the vote.

Of course, the poll should be taken with a grain of salt. While Obama is actually taking on the tough task of leading the nation, Romney is sitting comfortably on the sidelines where he is liable to receive a more favorable reception. Still, the finding comes as foreign and domestic crises have sent Obama’s approval rating tumbling back to 40 percent, per Gallup.

Also in the CNN survey, a record-low 46 percent say Obama “shares [their] values,” while only 49 percent say he is “sincere in what he says,” also a record-low.

OK, CNN is a terrible news organization and most of what they say is rubbish. I don’t believe this at all, but it’s fun to fantasize. In any case, we are getting the government that we elected – twice.

- Aggie

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Household Net Worth Has Declined Approximately 40% Since 2007

The NY Times hides this by going back to 2003, but if you read the full article you learn that the problem began with the financial meltdown on 2007/08 and just hasn’t improved since. They state a 36% decline, based on 2003, but since American wealth grew between 2003-2007, the real decline has to be larger, right?

Economic inequality in the United States has been receiving a lot of attention. But it’s not merely an issue of the rich getting richer. The typical American household has been getting poorer, too.

The inflation-adjusted net worth for the typical household was $87,992 in 2003. Ten years later, it was only $56,335, or a 36 percent decline, according to a study financed by the Russell Sage Foundation. Those are the figures for a household at the median point in the wealth distribution — the level at which there are an equal number of households whose worth is higher and lower. But during the same period, the net worth of wealthy households increased substantially.

The Russell Sage study also examined net worth at the 95th percentile. (For households at that level, 94 percent of the population had less wealth and 4 percent had more.) It found that for this well-do-do slice of the population, household net worth increased 14 percent over the same 10 years. Other research, by economists like Edward Wolff at New York University, has shown even greater gains in wealth for the richest 1 percent of households.

For households at the median level of net worth, much of the damage has occurred since the start of the last recession in 2007. Until then, net worth had been rising for the typical household, although at a slower pace than for households in higher wealth brackets. But much of the gain for many typical households came from the rising value of their homes. Exclude that housing wealth and the picture is worse: Median net worth began to decline even earlier.

“The housing bubble basically hid a trend of declining financial wealth at the median that began in 2001,” said Fabian T. Pfeffer, the University of Michigan professor who is lead author of the Russell Sage Foundation study.

The reasons for these declines are complex and controversial, but one point seems clear: When only a few people are winning and more than half the population is losing, surely something is amiss.

They are trying to write about the evil 1%, and I suppose their readers will buy it. But to my mind, this is mostly a story about the economic failures of the Obama administration. Consider this: September 11 2001 didn’t harm us as much as the presidency of Barack Obama.

- Aggie

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