Oh, NBC News, you do amuse me so.

That’s sitting at the top of my Google News page right now. The story is a Chuck Todd report from last night, which I’m not going to watch even for the amusement factor of watching Todd the Goateed and Powerful pretend to go all apestuff on the Administration. But the teaser says:

NBC’s Chuck Todd examines the White House’s attempt to take control of the IRS scandal, saying if the public thinks the government has lost control on the IRS front, then the Obama administration will have more difficulty in implementing new policies.

See? The problem isn’t that a gargantuan and abusive executive branch can be used for years by secretive cabals to harass and intimidate ordinary, patriotic Americans. No, the problem is that people might lose faith in their gargantuan and abusive executive branch, so that they won’t want it to become more gargantuan and abusive.

Everything — everything — coming out of the MSM must be framed to show how government is the real victim when government goes “rogue.” Where are the sob stories about the IRS’s victims? Why do we know next to nothing about the people responsible, except that one of them retired in so much disgrace that they get to keep their pension?

Bad people have done bad things, and we haven’t heard their stories. Good people have suffered needlessly, and we haven’t heard their stories either. Because the MSM exists in the DC Bubble, where nothing counts except for the MORE! MORE! MORE! of ever-expanding government.

And to think it was just this week that Todd looked right into the camera and demanded that the White House release all those secret/semi-secret/modified-limited-hangout emails. That Chuck Todd, however briefly, was doing his job. But now we’re back to the old Todd, the one who looks at the rapist in court and worries that the jury might convict.

Poor Washington. Poor, poor Washington. Chuck Todd knows who’s really hurting — the hand that feeds him.

Our friends to the north have been doing quite well the last few years, but that sure looks like a housing bubble getting ready to pop.

The chart comes from Jesse Colombo, who I highly recommend following.

BBC reports:

Rebel fighters have launched a massive assault on the prison in Syria’s northern city of Aleppo, reports say.

The rebels apparently detonated two car bombs to blast through the walls of the prison, which holds 4,000 inmates including anti-government activists.

The opposition said government forces had counter-attacked using tank shells and air raids.

I don’t trust rebel reports of anything, but if they do take this prison, it could be a big deal.

From the VodkaPundit Mail Bag:

Here’s the thing that I think pisses me off more than anything else: All of these scandals are hitting critical mass now, when basically it’s too late. But if you look at the track record, it was plain as day that the Obama administration stank from the head down:

• They tried to marginalize Fox News by portraying them as “not really a news organization”;
• They dug up “dirt” on Romney, and had Dingy Harry smear him from the Senate floor;
• They dug into Sarah Palin’s past and smeared her;
• They dug into “Joe the Plumber’s” tax history and smeared him;
• They cast multiple aspersions on the Tea Party movement;
• Fast & Furious was recast (with a great assist from the MSM) as the continuation of a failed Bush policy;
• Etc.

Had the MSM one whit of integrity to it, as a group, they’d have been paying attention over the last few years and actually dug into some of these stories in a timely manner. If you look at the cumulative mass of horrors perpetrated by Obama and his cronies, the 2012 election should have been a bloodbath, but in favor of Romney. Simply because the antiseptic of sunlight brought on by a truly free press would have exposed the emperor for the naked fool that he truly is.

Benghazi would merely have been the coup de grace. Two months of honest scrutiny leading into the General Election would have left Obama completely disemboweled and powerless to stop Romney from storming into office.

But that didn’t happen. And now it’s too late. We may see the Republicans take the Senate in ’14, although I doubt we would really benefit from such an event, even if they prove themselves capable of capitalizing on this mess. And Hillary is pretty much toast at this point. But we’re stuck with ObamaCare. There’s no way that the EPA gets shoved back in its cage. The regulatory behemoth that is the federal government is rampaging through our economy at a devastating rate. The State Department has really and truly eviscerated any rational foreign policy that may have still existed. Etc. Etc. Etc.

Let it burn doesn’t even come close to what needs to happen in order to undo the damage heaped on the soul of this country.

And it really comes down to the absolute failure of the MSM as an institution. Politicians are who they are. It’s genetic. Which is why the architects of the Constitution gave it its particular design. But none of the checks and balances are worth squat if the press won’t do its job. Period.

And they didn’t.

And we all are going to pay for it as a result.

There aren’t enough lampposts available to string up all the bastards who deserve it.

Not expecting you to, but anonymous if you decide to quote any of this.

I can’t think of anything at the moment that needs adding.

Stocks vs Copper, via Zero Hedge:

Copper is great at predicting economic growth. Stocks are not. And the major divergences between the two tend to be resolved sharply (notice the sharp correction in Copper in late 2011).

With that in mind, either Copper needs to ERUPT higher as the world economy comes roaring back… or stocks need to drop BIG TIME.

Here’s a hint: Industrials were off again, dropping .5% last month instead of the consensus expectation of -.2%. In other words, we’re discovering (again) the limits of pursuing the “wealth effect” of inflated securities. Real wealth is either manufactured, grown in the ground, or dug out of the ground.

It isn’t a bunch of bits flying around a trader’s desk.

Trifecta: The MSM has finally woken up to the scale of the Benghazi scandal — mostly thanks to one ABC News reporter.

Dana Milbank, opining in today’s WaPo on the IRS’s Targetgate:

The president “found out about the news reports yesterday on the road,” he added.

And now that Obama has learned about this extraordinary abuse of power, he’s not doing a thing about it. “We are not involved at the White House in any decisions made in connection with ongoing criminal investigations,” Carney argued.

Reuters correspondent Jeff Mason asked how Obama felt about “being compared to President Nixon on this.”

The press secretary laughed. “People who make those kinds of comparisons need to check their history,” he said.

Carney had a point there. Nixon was a control freak. Obama seems to be the opposite: He wants no control over the actions of his administration.

First, I’d like to apologize for having even thought of, much less typed out “Targetgate.” And secondly I’d like to say that when a Vile Prog has lost Dana Milbank, then you can safely bet this is the scandal that will cleave the MSM from being permanently on its knees for Obama.

But now let’s get to the meat.

Milbank is having a little fun here at the President’s expense, and he certainly sounds like he’s upset over the whole thing — but he hasn’t really thought this one through.

“Plausible deniability” is called that because the deniability is plausible, not because it’s true. The President doth protest too much, don’t you think? But even if Obama really is so far out of the loop on this one (and all the other ones), this Administration certainly enjoys a Nixonian tone. And where that tone comes from is the question Milbank hasn’t asked. But anyone who has ever worked for a large organization (a major newsdaily, just as an example) knows that underlings take their cues from the top. The Boss doesn’t have to say, “Bug these particular reporters at this particular news organization.” But he shouldn’t have to, either. People know what the Big Boss likes — particularly when it comes to the nasty bits.

So when Milbank writes that Obama “wants no control over the actions of his administration,” he’s really taking on Jay Carney’s job of providing public cover for Obama, even if this once it’s minus the lip service. Carney needs to paint a picture of a clueless President, just for appearances sake, because that’s his job. He’s Obama’s press flack, and a particularly offensive one at that. Milbank is a political reporter and columnist at the newspaper that brought down Nixon. There’s a difference between the two, or at least there’s supposed to be.

Instead, Milbank seems to have bought fully into Carney’s excuses that everyone in the Executive Branch is lawless — except for the President himself.

Really? That’s an awful lot of deniability you have to find plausible, month after month, in a series of crises spiraling up in number and in seriousness.

Repeating Carney’s talking points is still repeating Carney’s talking points, even if it’s done with Milbank’s knowing sneer. He should instead be asking the tough questions about why Obama seems content to be a passerby in his own Administration. Because either we have another President who is every bit much as power-hungry and vindictive as Nixon, or we have a thuggish community organizer who has been way out of his depth since Day One.

Which is it, Dana?

Trifecta: More angles on this IRS targeting story than you can shake three internet pundits at.

BREAKING: Bill Clinton won’t be lending any firmness to the Anthony Weiner campaign.

White House Press Weasel Jay Carney today in that squirmingly awful press briefing today says he believes in an “unfettered” press. But, you know, with exception. Like when the Attorney General’s office has to tap the phones at AP. So I have some questions for Carney, and I’d like to see at least one or two of these get picked up by some sharp White House Steno Pool reporter.

That’s the Drudge headline above. Here’s the story:

The division of the Internal Revenue Service that improperly scrutinized the tax-exempt status of conservative groups sent confidential information on 31 conservative groups to the well-funded liberal nonprofit journalism organization ProPublica, according to a revelation made by ProPublica Monday.

“The same IRS office that deliberately targeted conservative groups applying for tax-exempt status in the run-up to the 2012 election released nine pending confidential applications of conservative groups to ProPublica late last year,” according to the ProPublica report.

Breitbart was right; this is war.

More on the IRS War Against Everyone Who Ever Looked Sideways at Obama:

Larry Connors, a veteran local news anchor at KMOV Channel 4 in St. Louis, says that the Internal Revenue Service has been targeting him since an April 2012 interview he conducted with President Obama — a fact that he dismissed as coincidence until the recent reports about the IRS targeting conservative groups.

“Shortly after I did my April 2012 interview with President Obama, my wife, friends and some viewers suggested that I might need to watch out for the IRS. I don’t accept ‘conspiracy theories’, but I do know that almost immediately after the interview, the IRS started hammering me,” Connors wrote on his Facebook page late Monday night.

Connors did not specify how the IRS has been “hammering” him. He did not immediately respond to a request for calrification.

Keep spinning, Politico. Keep spinning — you may get your Savior out of this yet. But don’t count on it.

Incidentally, Connor is a St. Louis institution. He’s been anchoring the news there at least since I was in middle school, and I have zero clue what his politics are or might be. You know, the way it’s supposed to be done. The idea that the IRS would go after him in this way is offensive and just a little frightening.

Jake Sherman and Lauren French actively and expertly and desperately BenSmithing for Politico:

Scandal politics are sweeping Capitol Hill.

Just days after news broke that the IRS targeted conservative nonprofits, Speaker John Boehner’s House committees will morph into mock courtrooms where the White House will be the defendant in what amounts to a number of high-stakes political trials.

Hearings? No. It’s a kangaroo court of “political trials” held in “mock courtrooms” with Obama in the docket, because wimpy little Republicans can’t stand a little targeting by the IRS in what amounts to nothing more than just “scandal politics.”

[REDACT] you, Politico. [REDACT] you.

Trifecta: You can own a real piece of the Apollo 11 moon lander. This is one of my favorite segments we’ve done in a long time.

Your Department of Homeland Security hard at work, uh, securitamatizing the homeland and stuff:

Boston and Massachusetts law enforcement officials confirmed Thursday that federal agents left them in the dark on the growing warning signs about Tamerlan Tsarnaev in the run-up to the Boston Marathon bombing.

Boston Police Commissioner Edward Davis, in testimony on Capitol Hill, said his officers on a joint terrorism task force were never told about an explicit warning from the Russian government or about Tsarnaev’s travel to the Chechnya region last year. Davis said he would have liked to have known about that activity, and that it “absolutely” would have merited a second look at Tsarnaev.

Davis and Massachusetts homeland security official Kurt Schwartz testified that their officers were not looped in on Tsarnaev until after the bombing.

“At no time prior to the bombings did any member of the Massachusetts State Police or the fusion center have any information or knowledge about the Tsarnaev brothers,” Schwartz said.

The Russians knew. Maybe the Saudis knew. DHS knew something, but did nothing.

Heads should roll for this one, but good luck with that.

Trifecta: Who did James Carville say is the most “talented and fearless” Republican he’s seen in 30 years?

And will he be the next President?

So China’s economy might not overtake the US by 2030 after all. Or even in the 21st Century. Here’s why:

China’s catch-up spurt has a few more years to run in the Western hinterlands perhaps, but when the full story comes out we may find that nationwide growth has already fallen below 7pc.

Mr Li complained in a US diplomatic cable released on WikiLeaks that Chinese GDP statistics are “man-made”, confiding to a US diplomat that he tracked electricity use, rail cargo, and bank loans to gauge growth. For a while, analysts use electricity data as a proxy for GDP but the commissars kept a step ahead by ordering power utilities to fiddle the figures.

The National Bureau of Statistics has since revealed that data collected by the regions overstates GDP by 10pc, though they have not acted on the insight. It is well-known why this goes on. The reward system of the Communist hierarchy has been geared to talking up growth, and officials gain kudos by lowering the stated “energy intensity” of their zone.

China’s Development Research Council (DRC) expects growth to drop to 6pc by 2020. It could be much lower. The US Conference Board says it will average 3.7pc from 2019-2025 as the ageing crisis hits. Michael Pettis from Beijing University thinks it is likely to slow to 3pc to 4pc over the next decade, deeming this entirely desirable if it comes from taming the runaway state enterprises.

There’s also an assumption here that China isn’t in the midst of a bubble — which must eventually pop. And when Beijing runs out of money to prop up the SOEs, then a secondary, but larger, bubble will also pop.

We have our own problems — deep, structural problems. And our own asset and housing bubbles to deal with, too. But we have institutionalized revolutions staggered every two, four, and six years, which gives us a resiliency China’s one-party state lacks.

And if you think I mean to imply that things could get really very quite ugly in China…

…you’re right.

It’s Matt Welch talking about the Republican batter over libertarianism. And I can tell you, I’ve been caught in this crossfire and Welch is mostly spot-on with this one.

This is from CNN’s interview with Charles Ramsey after he helped save Amanda Berry from ten years of rape and imprisonment:

Since the events of Monday afternoon in Cleveland, Ramsey seems to largely reject the hero worship heaped upon him. Speaking with CNN’s Anderson Cooper, the suddenly famous man again eschewed the label, telling the anchor his action were simple common decency:

“No, no, no. Bro, I’m a Christian, an American, and just like you. We bleed same blood, put our pants on the same way. It’s just that you got to put that – being a coward, and I don’t want to get in nobody’s business. You got to put that away for a minute.”

During the interview, Cooper mentioned a reward offered by the FBI for information leading to the whereabouts of Amanda Berry, but Charles Ramsey seemed wholly uninterested — in fact, he believes any money offered should go not to him, but to Berry:

“I tell you what you do, give [the reward] to them. Because if folks been following this case since last night, you been following me since last night, you know I got a job anyway. Just went picked it up, paycheck.”

What a man.

Read the whole thing.

All that money Uncle Ben is printing has to go somewhere, and last month oodles of it went to China:

China’s central bank signaled on Wednesday it was prepared to change its monetary strategy to fend off inflows of speculative capital, as Beijing struggles to control a tide of cash washing in from overseas markets.

The move came as April exports blew past expectations, which appeared on the surface to indicate that both China’s economy and global demand were on the mend. But economists were quick to suspect the figures were artificially inflated by investors who were disguising speculative bets on the yuan currency as trade payments.

Little is what it seems in China, until it turns out to be exactly what you suspected.

Daily Caller snagged a big interview with that big magician-libertarian, Penn Gillette. Easily the best thing I’ve read this week.

Hat tip to Toadold for forwarding news of big changes coming to Microsoft’s “incremental” Windows 8.1 release:

“Key aspects” of how the software is used will be changed when Microsoft releases an updated version of the operating system this year, Tami Reller, head of marketing and finance for the Windows business, said in an interview with the Financial Times. Referring to difficulties many users have had with mastering the software, she added: “The learning curve is definitely real.”

Analysts warned that changing course would be a significant admission of failure for Steve Ballmer, chief executive, who called the October launch of Windows 8 a “bet-the-company” moment as Microsoft sought to respond to the success of Apple’s iPad.

You don’t beat your competitors by copying them — weirdly. And consumers have responded, or not responded, appropriately. The 8.1 retreat isn’t exactly Bill Gates’ famous “Internet Tidal Wave” memo, but it is a slap in the face to Steve Ballmer.

Now the article does go on to praise Ballmer for at least (and I’d add: At last!) embracing risk-taking and innovation in Redmond. But Win8 specifically, and “Windows Everywhere” generally, have done nothing to help Microsoft in mobile, and might have actually hurt them on the desktop.

I’m pretty sure they’re already on the endangered species list, but this news won’t help replenish their numbers:

After mentioning on Twitter that the newly announced Star Wars games from DICE and Visceral will be running on DICE’s powerful Frostbite 3 engine, Andersson responded to a reader concern that this will mean the games will not be available for the Wii U.

“[Frostbite 3] has never been running on WiiU,” Andersson tweeted. “We did some tests with not too promising results with [Frostbite 2] & chose not to go down that path.”

This statement follows a Eurogamer interview from March’s Game Developers Conference in which DICE’s Patrick Bach admitted DICE “could probably make a Wii U game in theory” but said the company is not currently interested in devoting “development time” to the system. “To make the most out of the Wii U, that’s a different game because of the different peripherals. We want to utilize all the power of each console… It’s about ‘where do you put your focus?’ And the Wii U is not a part of our focus right now.”

So it’s not just a question of focus but a question of performance.

“Underpowered” was cute for the original Wii, which Nintendo was able to sell at a profit from the very first unit. But the company’s ambitions were much bigger for the Wii U — which doesn’t appear to be up to the task.

*****

Cross-posted at PJ Lifestyle

What more needs to be said?

Trifecta: High school sports — can a single-finger gesture get you booted from the championships?