Inaugural Event Today

Sunday’s big event is the official inaugural opening ceremony at the Lincoln Memorial, with performances and readings by Beyonce, U2, Bruce Springsteen, Sheryl Crow and other artists. Hundreds of thousands of people are expected to descend on the National Mall for the event — a possible harbinger for the even bigger crowds expected when Obama becomes the 44th president of the United States on Tuesday.

Sunday’s ceremony will be broadcast live on many public radio stations and will be streamed live at NPR.org.

NPR

HBO will broadcast the event this evening on what is called an “open signal.”

Defaulting on the National Debt

President-elect Obama apparently believes that the crisis brought on by the collapse of the housing bubble will require defaulting on the national debt. The New York Times reported today that Obama believes that “changes in Social Security and Medicare will be central to efforts to bring federal spending in line.”

While Medicare is projected to face shortfalls because of the incredible inefficiency of the U.S. health care system, the Congressional Budget Office projects that Social Security will be fully funded until 2049 from its own stream of tax revenues and the U.S. bonds it holds.

If Mr. Obama plans to cut Social Security in the near future, then this effectively amounts to a default on the bonds held by the trust fund which were purchased with workers’ Social Security taxes. If the budget situation is so dire that it is necessary to default on the government debt, then surely we should be considering defaulting on the bonds held by Robert Rubin, Peter Peterson, and other wealthy bankers, not just the bonds that were bought to pay Social Security benefits for the country’s workers.

Dean Baker

60 Years Ago Today!

President Harry S. Truman in his State of the Union Address:

We must spare no effort to raise the general level of health in this country. In a nation as rich as ours, it is a shocking fact that tens of millions lack adequate medical care. We are short of doctors, hospitals, nurses. We must remedy these shortages. Moreover, we need–and we must have without further delay–a system of prepaid medical insurance which will enable every American to afford good medical care.

Bush first ex-prez to face limit on Secret Service protection

President George W. Bush’s “after-life,” as Laura Bush calls the post-presidency, is shaping up to be pretty comfortable, with a Dallas office, staffers, Secret Service protection, a travel budget, medical coverage and a $196,700 annual pension, all at taxpayers’ expense.

However, Bush will be the first president not to benefit from one former lifetime benefit: Secret Service protection.

The McClatchy Washington Bureau has the details.

Best line of the day, so far

“Because the truth is that promoting science isn’t just about providing resources – it’s about protecting free and open inquiry. It’s about ensuring that facts and evidence are never twisted or obscured by politics or ideology. It’s about listening to what our scientists have to say, even when it’s inconvenient – especially when it’s inconvenient.”

President-elect Barack Obama

The Bill of Rights

… was ratified by Virginia on this date in 1791, and thereby became part of the Constitution of the United States as its first ten amendments.

The Bill of Rights

Originally 12 amendments were proposed to the legislatures of the 14 states by the First Congress. Numbers three through twelve were ratified, beginning with New Jersey in November 1789, and culminating with Virginia, the eleventh (i.e., three-quarters of the states), on this date in 1791. (The amendments were ultimately ratified by the remaining three legislatures of Massachusetts, March 2, 1939; Georgia, March 18, 1939; and Connecticut, April 19, 1939.)

The draft first amendment concerned the numbers of constituents for each representative. It has never been ratified. The draft second amendment was ratified by the required number of states in 1992. It took effect as Amendment XXVII (”No law, varying the compensation for the services of the Senators and Representatives, shall take effect, until an election of Representatives shall have intervened.”)

The image is of the actual document with the 12 proposed amendments. Click image for larger version.

The Bill of Rights

Amendment I
Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances.

Amendment II
A well regulated Militia, being necessary to the security of a free State, the right of the people to keep and bear Arms, shall not be infringed.

Amendment III
No Soldier shall, in time of peace be quartered in any house, without the consent of the Owner, nor in time of war, but in a manner to be prescribed by law.

Amendment IV
The right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, shall not be violated, and no Warrants shall issue, but upon probable cause, supported by Oath or affirmation, and particularly describing the place to be searched, and the persons or things to be seized.

Amendment V
No person shall be held to answer for a capital, or otherwise infamous crime, unless on a presentment or indictment of a Grand Jury, except in cases arising in the land or naval forces, or in the Militia, when in actual service in time of War or public danger; nor shall any person be subject for the same offence to be twice put in jeopardy of life or limb; nor shall be compelled in any criminal case to be a witness against himself, nor be deprived of life, liberty, or property, without due process of law; nor shall private property be taken for public use, without just compensation.

Amendment VI
In all criminal prosecutions, the accused shall enjoy the right to a speedy and public trial, by an impartial jury of the State and district wherein the crime shall have been committed, which district shall have been previously ascertained by law, and to be informed of the nature and cause of the accusation; to be confronted with the witnesses against him; to have compulsory process for obtaining witnesses in his favor, and to have the Assistance of Counsel for his defence.

Amendment VII
In suits at common law, where the value in controversy shall exceed twenty dollars, the right of trial by jury shall be preserved, and no fact tried by a jury, shall be otherwise reexamined in any Court of the United States, than according to the rules of the common law.

Amendment VIII
Excessive bail shall not be required, nor excessive fines imposed, nor cruel and unusual punishments inflicted.

Amendment IX
The enumeration in the Constitution, of certain rights, shall not be construed to deny or disparage others retained by the people.

Amendment X
The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.

Summing up

Just in case you doubt what stopping the automakers rescue was all about for the Republicans, this from “an e-mail circulated among Senate Republicans on Wednesday” as reported by the Los Angeles Times:

“Republicans should stand firm and take their first shot against organized labor, instead of taking their first blow from it.”

Secretary of what?

“No Senator or Representative shall, during the time for which he was elected, be appointed to any civil office under the authority of the United States, which shall have been created, or the emoluments whereof shall have been increased during such time . . .” (Article I, Section 6, U.S. Constitution)

That pretty much precludes Hillary Clinton from accepting a cabinet post, doesn’t it?

The time for which she was elected is from Noon, January 3, 2007 until Noon January 3, 2013.

The emoluments for cabinet positions were increased from $186,600 in 2007 to $191,300 in 2008.

(It precludes not only Senator Clinton but any other senator elected in 2004 or 2006. It does not apply to any representatives because they’ve just been re-elected.)

Only in New Mexico

Jim Baca discusses some of the local New Mexico merchants who contributed to the passage of proposition hate in California. If you’re a local who believes in civil rights, you might want to see the places you should boycott.

Update: Some of the information was incorrect. I have deleted the comments which mentioned some of the names.