| More Obama substance!
According to Tamar Jacoby, the recent arrest of 1,300 suspected illegal workers at six Swift & Co. meat processing plants demonstrates the need for 'comprehensive immigration reform.' I don't understand: 1) "Comprehensive" reform is supposed to be a deal in which amnesty for current illegals (and a guest worker program) is coupled with a tougher workplace enforcement program to block future illegals. Sounds good, but the last such "comprehensive" reform--the1986 amnesty--failed miserably when its workplace enforcement program turned out to be ineffective at stopping employers from hiring illegals. The idea behind the current Bush proposal is that this time workplace enforcement will work. But, as the New York Times notes, Swift & Co. in fact particpated in the the federal Basic Pilot program, a system of checking Social Security numbers that President Bush has touted as a way to crack down on immigration fraud.
Societe Generale trader faces preliminary charges but not fraud ...
Charriere-Bournazel said on Europe-1 radio that Kerviel was making a "profit" for the bank of 1.5 billion euros ($2.2 billion) before his bets went sour. The prosecutor concurred but said the trader only "virtually" made a profit for the bank. The prosecutor, based on Kerviel's account to investigators, confirmed Societe Generale's contention that the trader used other people's computer access codes, falsified documents and used other methods to cover his tracks — helped by his previous experience in other offices at the bank that monitor traders. The bank says he bet some 50 billion ($73.53 billion) — more that the bank's market worth — on European markets. Societe Generale shares dropped nearly 7 percent Monday before closing down 3.8 percent at 71.05 euros ($104.48) in a French market trading only slightly lower.
Kos Defends Coulter:
Can a cheap headline featuring hot-button words "Kos" and "Coulter" goose a blogger's hit count? The stats are in and the answer is ... unfortunately ... yes. ... P.S.: But the hed does refer to an actual item, which is here. 11:55 A.M. Kos mocks Sen. Lieberman for naming his ad hoc independent party "Connecticut for Lieberman:" It's still about him. It's always about him. Hmm. What's the name of Kos's site again? Daily Netroots? Daily People Power? ... [Stolen from reader C.] 5:39 P.M. The Atlantic's editors have hit on a way to make you hate them: Blogging to let you know what a challenging, "thought-provoking" time they're having at the Aspen Ideas Festival listening to E.O. Wilson, Alan Greenspan, Bill Clinton and Karl Rove, among others: .
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