Sunday Funday: War on Christmas – Racism Edition

Sunday Funday: War on Christmas – Racism Edition

Sunday Funday could be exclusively devoted clips from The Daily Show with Jon Stewart.  Ordinarily, I would be hesitant to post Daily Show clips on back to back weeks.  However, this weeks clip is too good to miss. Fox New’s Megyn Kelly give “white Chrismas” a strange new meaning, claiming both Jesus and Santa Clause are clearly both white.  

Here this how The Daily Show video is described on the Comedy Central website:

Gretchen Carlson issues a manger danger warning, and Megyn Kelly defends Santa Claus’s historically-based Caucasian bona fides. 

“Understanding The Volcker Rule”

In lieu of an economic blog entry this week, here is a link to a  podcast about financial issue from today’s SLACE Archive.  

This week regulators voted to institute “Volcker Rule” as part of Dodd–Frank Wall Street Reform and Consumer Protection Act.  The Volcker Rule is aimed at preventing banks from making speculative investments that may jeopardize their customers.  A recent episode of The Diane Remh Show discussed the Volcker Rule, its impact and its limitations.

Here is a description of the program:

The so-called “Volcker Rule” is aimed at reining in risky trading by banks. Details on the new rule and whether it’s tough enough to prevent another financial crisis.

Guests 

Michael Greenberger –  founder and director, University of Maryland Center for Health and Homeland Security

Tim Pawlenty -CEO, Financial Services Roundtable. He was governor of Minnesota from 2003 to 2011.

Jim Zarroli -business reporter, NPR.

Janet Hook – congressional correspondent, The Wall Street Journal.

“Understanding The Volcker Rule”

“Understanding The Volcker Rule”

This week regulators voted to institute “Volcker Rule” as part of Dodd–Frank Wall Street Reform and Consumer Protection Act.  The Volcker Rule is aimed at preventing banks from making speculative investments that may jeopardize their customers.  A recent episode of The Diane Remh Show discussed the Volcker Rule, its impact and its limitations.

Here is a description of the program:

The so-called “Volcker Rule” is aimed at reining in risky trading by banks. Details on the new rule and whether it’s tough enough to prevent another financial crisis.

Guests 

Michael Greenberger –  founder and director, University of Maryland Center for Health and Homeland Security

Tim PawlentyCEO, Financial Services Roundtable. He was governor of Minnesota from 2003 to 2011.

Jim Zarrolibusiness reporter, NPR.

Janet Hook – congressional correspondent, The Wall Street Journal.

 

When is a Handshake More Than a Handshake?

When is a Handshake More Than a Handshake?
By
David Kailer
http://politicalticker.blogs.cnn.com/2013/12/10/a-brief-but-important-handshake-between-obama-castro/

This week saw the passing of revered statesman Nelson Mandela, the champion of the movement against apartheid. He laid in state earlier this week while leaders from around came to pay tribute.

During the tribute, President Obama was seen shaking hands with Cuban president Raul Castro. This gesture sparked controversy as news media covered the event, prompting reactions from respect for decorum at a state funeral to outrage that the President would shake the Cuban leader’s hand without making some sort of political statement about the status of human rights in Cuba.

The Obama administration has insisted the handshake was not a pre-planned event, but rather arose spontaneously during the memorial. Afterwards, the article indicates that many commentators looked for any meaning or symbolism behind the gesture, while others saw it as a political nicety. The article itself seems to come down on the side that Obama was respecting the scene and Mandala’s legacy by not making a scene of avoiding Castro.

Others have apparently suggested that the handshake, while good in and of itself, also represented a missed opportunity on Obama’s part. “If the President was going to shake his hand, he should have asked him about those basic freedoms Mandela was associated with that are denied in Cuba,” Sen. Marco Rubio, a Florida Republican whose parents emigrated from Cuba, said in a statement.”

Republican Rep. Ileana Ros-Lehtinen of Florida, who was born in Cuba, made her feelings known to Secretary of State John Kerry in a congressional hearing.

“Mr. Secretary sometimes a handshake is just a handshake, but when the leader of the free world shakes the bloody hand of a ruthless dictator like Raul Castro, it becomes a propaganda coup for the tyrant,” she said. “Raul Castro uses that hand to sign the orders to repress and jail democracy advocates.”
Given the circumstances, the event being a celebration of Nelson Mandala’s legacy rather than an explicitly political event, how should President Obama have handled the situation? While it is perhaps unavoidable, is it even appropriate to scrutinize such a minute action by a world leader for wide-ranging political meaning? Is this distinguishable from the incident at the beginning of Obama’s first term wherein he bowed in the presence of the Japanese emperor on a diplomatic trip?

Is Football Destroying America?

Is Football Destroying America?

Okay, that is not quite a fair title.  However, a recent episode of The Diane Rehm Show really hammers football.  A lot has been written recently about the concussion crisis in football. This episode of The Diane Rehm Show not only discusses concussions but also how tax payers subsidize the NFL, since it is currently operated as a nonprofit (i.e. no taxes).  I must admit as a football fan there were aspects of the interview (of Gregg Easterbrook, author of “The King of Sports: Football’s Impact on America“) that made me think, “What did you expect an NPR show would think of football?” However, on the whole, it is worth a listen. For anyone interest in the intersection between sports and public policy, this show discusses all of the major policy issues surrounding football on all levels. 

Here is a description of the interview: 

Monday Night Football. Super Bowl Sunday. The big homecoming day game. New Year’s college bowls. It’s hard to imagine a sport more American than football. The game hasn’t been embraced anywhere in the world quite like it has in the United States. Gregg Easterbrook, author of the new book, “King of Sports,” says without football “there would still be 50 stars on the flag … but America wouldn’t be quite the same.” But Easterbrook argues the game is in serious need of reform at all levels. Diane discusses football’s impact on America and what it will take to clean up the sport.

Guests

Gregg Easterbrook 

author, “The King of Sports: Football’s Impact on America”. He is a contributing editor of “The Atlantic Monthly” and “The Washington Monthly”, and a columnist for ESPN.com.