Hey Andy, me ‘n’ Barney didn’t have nuthin’ better to do, so we decided to crash the economy!
Posted: July 8, 2011 | Author: bostonboomer | Filed under: 2012 presidential campaign, Barack Obama, Democratic Politics, Economy, Psychopaths in charge, Surreality, Team Obama, the villagers, U.S. Economy, U.S. Politics, unemployment, voodoo economics, We are so F'd | Tags: Andy Taylor, Barack Obama, Barney Fife, David Plouffe, Debt Ceiling, deficit, economy, Gomer Pyle, jobs, Social Security, stupid villiagers, Tim Geithner, unemployment, voodoo economics, William Daley | 9 CommentsThis morning Sky Dancing’s resident economist Dakinikat wrote about Tim Geithner’s latest trial balloon about maybe stopping Social Security checks in August if Congress refuses to raise the debt ceiling. That’s right, he wants to use the trust fund that elderly people paid into all their working lives to pay China and other foreign debtors. Now that’s a brilliant plan boys–throw grandma and grandpa out in the streets to starve and die. It’s genius!
Then while we were all commiserating in the comment thread, we got the jobs report for June: only 18,000 jobs were added, and the phonied-up unemployment rate is now at 9.2%.
O’Gomer dragged his sorry a$$ out to the Rose Garden in late this morning to mumble a few weak excuses.
“Today’s job report confirms what most Americans already know,” Obama said. “We still have a long way to go and a lot of work to do to give people the security and opportunity that they deserve.”
The president tried to lay some blame at Congress’ feet. He said lawmakers could pass a handful of policies today to create jobs. His list included an infrastructure bank, free trade deals and patent reform.
“There are bills and trade agreements before Congress right now that could get all these ideas moving,” he said. “All of them have bipartisan support, all of them could pass immediately, and I encourage Congress not to wait.”
Yeah, patent reform, that’s the ticket! And more trade agreements to create more outsourcing of American jobs. Brilliant! And cutting off Social Security checks! That’s really gonna give Americans “the security and opportunity they deserve.” Who is advising this guy anyway?
Well, one of O’Gomer’s top advisers, David Plouffe, made an unfortunate remark before the jobs report came out. Minkoff Minx wrote about it in her SDB reads earlier this evening. From The Christian Science Monitor:
David Plouffe, Mr. Obama’s top political adviser, got things started Thursday at a breakfast sponsored by Bloomberg News.
“The average American does not view the economy through the prism of GDP or unemployment rates or even monthly jobs numbers,” Mr. Plouffe said. “People won’t vote based on the unemployment rate; they’re going to vote based on: ‘How do I feel about my own situation? Do I believe the president makes decisions based on me and my family?’ ”
Ask yourself, Mr. Plouffe, how do you think most ordinary Americans feels about their situation right about now? O’Gomer’s buddy Timmy Geithner is talking about cutting off Social Security payments. O’Gomer himself is trying to talk the Republicans into cutting Social Security, Medicare, and Medicaid. This administration hasn’t done diddly-squat about jobs except occasionally have O’Gomer mention that we need to create them. Talk is cheap, Mr. Plouffe. Actions speak louder than words as my mom used say.
According to Julian Brookes at Rolling Stone, Plouffe also made this odd assessment:
the president, says Plouffe, has a good shot with independent voters, who’ll reward his bipartisan, bend-over-backwards approach the debt talks; is a seasoned campaigner with a huge war chest; has moved to the center without losing the base (the oft-noted “enthusiasm gap” seems to have closed); and has demographic trends working in his favor (he won big with minorities in 08, and they’ll make up a larger share of the electorate next year). Plus, of course, the GOP field is weak: Frontrunner Mitt Romney is the most formidable of the bunch, but he’s nobody’s idea of a galvanizing standard bearer.
What is wrong with this guy? Does he really believe that Independents like politicians who “bend over backwards” instead of showing some strength? Does he really believe O’Gomer hasn’t lost his base? And the center? O’Gomer has gone so far right he’s out-crazying the Tea Party!
Then there’s William M. Daley, the White House chief of staff. Check out what he recently had to say about Americans’ attitudes about the crappy economy. According to Peter Nicholas at the LA Times, O’Gomer’s main defense is that the middle class was already suffering under Bush, so it’s not really his fault. Never mind that unemployment has gone from 7.8% to 9.2% on his watch. So O’Gomer is asking for more time:
Speaking at a fundraising dinner in Philadelphia last week, he said that the nation’s challenges “weren’t a year in the making or two years in the making, but are actually 10 years in the making.”
But Obama’s nuanced message isn’t breaking through. A Gallup Poll last month showed that Americans’ economic confidence was near its low for the year.
For the White House, it’s tough to get the public to pay attention to anything else.
A Democratic senator spoke by phone recently with White House Chief of Staff William M. Daley. “He said, ‘Honest to goodness, if we’re not talking about jobs and the economy, nobody is listening,’” recalled the senator.
Surprise, surprise, surprise!!
Gee, do you think maybe you ought to stop talking and actually DO something then? Just wait until Grandma finds out she might not get her Social Security check in August. Maybe O’Gomer and his advisers need to get a clue. And find O’Gomer a couple of advisers who know something about economics, Mr. Daley.
*NOTE: The graphic at the top of this post is the work of our old friend StateOfDisbelief.
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Barack Obama’s Father Planned to Give Him Up for Adoption
Posted: July 7, 2011 | Author: bostonboomer | Filed under: Barack Obama, U.S. Politics | Tags: adoption, Ann Dunham, Barack Obama Sr, bigamy, Boston Globe, Harvard, Hawaii, immigration, INS, polygamy, President Barack Obama, Robert Gibbs, Sally Jacobs, Salvation Army | 12 CommentsThe dreams of President Barack Obama’s father apparently included turning him over to the Salvation Army to be adopted, according to a new book by Boston Globe reporter Sally Jacobs. Jacobs found records showing that in 1961, before his son was born, Barack Obama Sr.,
a sophomore at the University of Hawaii, had come under scrutiny by federal immigration officials who were concerned that he had more than one wife. When he was questioned by the school’s foreign student adviser, the 24-year-old Obama insisted that he had divorced his wife in his native Kenya. Although his new wife, Ann Dunham, was five months pregnant with their child – who would be called Barack Obama II – Obama declared that they intended to put their child up for adoption.
“Subject got his USC wife ‘Hapai’ [Hawaiian for pregnant] and although they were married they do not live together and Miss Dunham is making arrangements with the Salvation Army to give the baby away,’’ according to a memo describing the conversation with Obama written by Lyle H. Dahling, an administrator in the Honolulu office of what was then called the US Immigration and Naturalization Service. Wondering how to get a permanent residency in the U.S.? Immigrant Investor Visa Program which is also known as the EB5 Visa is the answer. For more details, visit inc.com.
Obviously this never happened, but we do know that Obama’s father eventually went off to grad school at Harvard, abandoning his wife and child. According to Jacobs,
…his statement provides a unique glimpse into the relationship between the president’s parents and the fragility of his connection to the father whom he would little know.
Dahling’s memo, dated April 12, 1961, is one of dozens of documents in the elder Obama’s “alien’’ file released by the Department of Homeland Security in response to a Freedom of Information Act request made in the course of research on a biography of Obama’s father. Obama was visiting the United States on a foreign student visa which required him to apply for an annual extension of his stay during the five years he was attending US colleges.
The memo advised that officials should continue to monitor the senior Obama’s personal life, and raised concerns about his behavior, noting that the previous summer he had been warned about his “playboy ways.’’
Former WH press secretary Robert Gibbs told Jacobs that President Obama had no knowledge of his father’s discussions with the Immigration and Naturalization Service (INS) or of the INS memo. Gibbs said the White House had not contacted the Salvation Army to see whether Obama’s mother had spoken to them about adoption. But Jacob notes that Obama had speculated in his book Dreams of My Father that his parents might have considered giving him up for adoption because their was a mixed race marriage in a time when that could lead to social ostracism.
Jacobs writes that Immigration officials also considered charging Barack Obama Sr with bigamy or polygamy:
Noting that Obama appeared to have a wife in Kenya and another in Hawaii, Dahling raised the possibility in his memo of charging Obama with polygamy or bigamy in order to get a deportation order against him. In the end, he suggested they keep an eye on him.
“Recommend that Subject be closely questioned before another extension is granted – and denial be considered,’’ Dahling concluded. “If his USC wife tries to petition for him, make sure an investigation is conducted as to the bona fide of the marriage.’’
But the senior Obama soon moved on to Harvard, leaving his wife and child to fend for themselves.
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President Hornswoggle and the Debted Hallows
Posted: July 7, 2011 | Author: dakinikat | Filed under: Barack Obama, Catfood Commission, Democratic Politics, Economy, Federal Budget, Federal Budget and Budget deficit, Global Financial Crisis, John Birch Society in Charge, legislation, Psychopaths in charge, Surreality, The Great Recession, U.S. Economy, voodoo economics | Tags: 14th amendment, austerity, Chuck Schumer, Debt ceiling negotiations, Federal Deficit, Medicaid, medicare, Social Security, voodoo economics | 39 Comments
So, you know me. I’m out looking for exactly how bad this debt ‘deal’ is going to austere our economy in to the Great Recession Redux. BostonBoomer has been writing about President Hornswoggle putting Medicare, Medicaid, and Social Security–not even part of the federal budget–on the table. I’ve searched and searched and can’t find the details on the great American Give Away other than a few articles showing a beaming Boehner saying we’re at a 50-50 chance of reaching a deal now. If Boehner is beaming, all but the richest among us should be holding on to our personal liberties and wallets.
We know that the President has caved on a bunch of things during both the HRC negotiations and the extension of the Dubya Tax Breaks for Billionaires pogrom. However, the Democratic leadership was aware of this, grumbled some, and backed his usurpation of responsibility for our future. Imagine my surprise when I watched Chuck Schumer on Andrea Mitchell say that he had no idea about the details of the current deal so he couldn’t really comment on it. The most noticeable detail was his face that said “I’ve got a sick tummy, mommy”. Senator Schumer is on the Senate Committee on Finance that handles all of these things and is supposedly a key person on the budget deal. You would think he would know. But, he doesn’t and neither does any other Democratic Senator or Congressman. It appears the press told them what Obama was handing over to the Republicans.
Senate Democrats reacted angrily Thursday to a report that President Obama has proposed significant cuts to Medicare and Social Security in closed-door talks with GOP leaders.
Democratic lawmakers said they were dismayed to read about Obama’s offer in the press rather than hearing it from the president himself. Their frustration is exacerbated by Obama’s snub of their invitation to speak to the Senate Democratic caucus Wednesday.
Instead, Obama is meeting with Democratic and Republican leaders from both chambers Thursday morning.
“We would have preferred to hear it from the president instead of from the press,” said Sen. Barbara Mikulski (Md.), a senior member of the Senate Democratic conference. “We first have to go after tax earmarks.”
Mikulski said cuts to Medicare and Social Security should be a solution of last resort. She said closing tax loopholes and pulling back from Libya should be considered before entitlement cuts.
She said Obama should not assume Democratic support for a deficit reduction plan that cuts entitlements.
I now fully expect President Cave-in to hand the keys to the nation over to a bunch of punch-drunk Republicans. What I don’t get is why the Democratic members of Congress continue to let him get away with it. They are the very face of “sound and fury signifying nothing”. Let me ask you if you’d want to be a congress member from some solid Democratic district facing re-election by having to defend a Democratic President that’s happy to cut Medicare and Social Security? Social Security doesn’t even need to be on the table. He’s just offered it up for some reason that I can’t fathom. How on earth could you face your electorate and back such a deal?
Let me remind you, all of the economic data gathered in the last 80 years tells us that this austerity agenda is just going to tank the economy. We continue t0 enact the very same crap that put us in the worst economic position we’ve seen since the Great Depression. Why oh why are they doing this to us? Here’s a taste of Noble Prize winning Joseph Stiglitz for some perspective.
A decade ago, in the midst of an economic boom, the United States faced a surplus so large that it threatened to eliminate the national debt. Unaffordable tax cuts and wars, a major recession, and soaring health care costs—fueled in part by the commitment of George W. Bush’s administration to giving drug companies free rein in setting prices, even with government money at stake—quickly transformed a huge surplus into record peacetime deficits.
The remedies to the U.S. deficit follow immediately from this diagnosis: Put America back to work by stimulating the economy; end the mindless wars; rein in military and drug costs; and raise taxes, at least on the very rich. But the right will have none of this, and instead is pushing for even more tax cuts for corporations and the wealthy, together with expenditure cuts in investments and social protection that put the future of the U.S. economy in peril and that shred what remains of the social contract. Meanwhile, the U.S. financial sector has been lobbying hard to free itself of regulations, so that it can return to its previous, disastrously carefree, ways.
Here’s a thorough, peer-reviewed, strong methodology-based IMF study–cited by Paul Krugman–that provides evidence that austerity programs are recessionary and bring on worse budget problems.
The paper corrects this by using the historical record to identify true examples of deliberate austerity — and it turns out that they are contractionary. The multiplier is less than one, but that may reflect the fact that these austerity programs did not take place in the face of a zero lower bound, so they were partly offset by monetary expansion.
The paper also provides a tentative answer to the apparent tendency of spending cuts to be less contractionary than tax increases: it looks as if central banks take more aggressive action to offset spending cuts than tax hikes, reflecting some combination of inflation concerns, belief that spending cuts are more durable, and (the paper doesn’t say this) bankerly ideology.
If we were discussing a politically neutral subject, the evidence here would long since have been considered definitive: expansionary austerity is a doctrine that failed. But since we’re in the political realm, of course, such a convenient doctrine can’t be abandoned. On the contrary, it now seems to be the official doctrine of both the GOP and the White House.
Also, let me remind you that Medicare, Medicaid, and Social Security are very successful programs. They have successfully stopped the elderly from being the poorest segment of society. Just as an example, the majority of single, elderly women would be in poverty without Social Security.
Elderly unmarried women — including widows — get 51 percent of their total income from Social Security. Unmarried elderly men get 39 percent, while elderly married couples get 36 percent of their income from Social Security. For 25 percent of unmarried women, Social Security is their only source of income, compared to 9 percent of married couples and 20 percent of unmarried men. Without Social Security benefits, the elderly poverty rate among women would have been 52.2 percent and among widows would have been 60.6 percent.
When poor people are given medical insurance, they not only find regular doctors and see doctors more often but they also feel better, are less depressed and are better able to maintain financial stability, according to a new, large-scale study that provides the first rigorously controlled assessment of the impact of Medicaid.
While the findings may seem obvious, health economists and policy makers have long questioned whether it would make any difference to provide health insurance to poor people.
It has become part of the debate on Medicaid, at a time when states are cutting back on this insurance program for the poor. In fact, the only reason the study could be done was that Oregon was running out of money and had to choose some people to get insurance and exclude others, providing groups for comparison.
I continually feel as though we’ve all been drug down the rabbit hole. It is like the President is purposefully enabling joblessness, poverty, and public health problems. No amount of research, historical data, and polls appear to be able to penetrate the Washington, D.C. group think these day. The biggest issue is that the President himself believes in the confidence fairy, the bipartisan elves, and the high priests of voodoo economics. He’s not just part of the problem, he is THE problem. Can just one or two members of the Democratic caucus please stand up to this man and his notion that bipartisanship that surrenders the country to right wing reality-deniers is better than any form of principled leadership? Can at least one of the please be brave and start talking some sense and representing the will of the people for a change?
Invoke the 14th Amendment and end the damned sell outs now!
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The Great Obama Mystery
Posted: July 6, 2011 | Author: bostonboomer | Filed under: Barack Obama, Catfood Commission, Economy, Federal Budget and Budget deficit, U.S. Economy, U.S. Politics, unemployment, voodoo economics, We are so F'd | Tags: Barack Obama, Budget Deficit, cat food commission, Debt Ceiling, economics, economisits, President Pushover, Ronald Reagan, unemployment | 25 CommentsAs Dakinikat has explained again and again and again and again, the problem our economy faces is that millions of Americans don’t have any money to spend because they don’t have jobs. Our economy runs on consumer spending. When people don’t have jobs, they don’t have money to spend on consumer items. That hurts our economy. It’s pretty simple, really.
But President Obama doesn’t understand simple basic economics. He’s already decided that high levels of unemployment are “structural.” He thinks our problem is that the government is spending too much money. Yesterday Obama gave another big ol’ nothingburger of a speech on how he’s giving away the store to negotiating with the Republicans in Congress.
Now, I’ve heard reports that there may be some in Congress who want to do just enough to make sure that America avoids defaulting on our debt in the short term, but then wants to kick the can down the road when it comes to solving the larger problem of our deficit. I don’t share that view. I don’t think the American people sent us here to avoid tough problems. That’s, in fact, what drives them nuts about Washington, when both parties simply take the path of least resistance. And I don’t want to do that here.
No, Mr. President, what is driving Americans “nuts” about Washington is that you and your Republican pals seem to be determined to crash the economy. Another thing that drives American’s “nuts” is that you haven’t lifted a finger to do anything about jobs since you took office. All you’ve done is take care of your superrich pals so they’ll donate to your next campaign.
I’ll bet you don’t even know that the latest PPP Poll shows that most Americans want to raise taxes on higher income people.
Poll data by the Democratic-aligned Public Policy Polling released Wednesday said voters in Ohio, Missouri, Montana and Minnesota back hiking taxes on the wealthy — even for people with incomes as low as $150,000.
The respondents were asked: “In order to reduce the national debt, would you support or oppose raising taxes on those with incomes over $1,000,000 a year?”
Nearly 80 percent of voters in the four states backed the idea.
And, BTW, Senator Reid, I’m pretty sure these voters want real tax increases, not phoney “sense of the Senate” resolutions. Back to Obama’s mealy-mouthed speech:
I believe that right now we’ve got a unique opportunity to do something big — to tackle our deficit in a way that forces our government to live within its means, that puts our economy on a stronger footing for the future, and still allows us to invest in that future.
Most of us already agree that to truly solve our deficit problem, we need to find trillions in savings over the next decade, and significantly more in the decades that follow. That’s what the bipartisan fiscal commission said, that’s the amount that I put forward in the framework I announced a few months ago, and that’s around the same amount that Republicans have put forward in their own plans. And that’s the kind of substantial progress that we should be aiming for here.
And on and on, bla bla bla…
I don’t know who you mean by “most of us” Mr. O, but I’m pretty sure most of us citizens don’t support the findings of your right wing cat food commission bipartisan fiscal commission.
President Obama just doesn’t get it. He might be able to learn a little bit about economics if he would just hire a few actual economists to advise him. But the big O thinks he already learned all he needs to know by listening to Ronald Reagan back in the ’80s. All of his economics advisers have left the sinking ship resigned, because Mr. O thought he knew better than they did. Remember this quote?
In his biography of Obama, “The Bridge,” David Remnick, editor of The New Yorker, quotes White House senior adviser and longtime Obama friend Valerie Jarrett: “I think Barack knew that he had God-given talents that were extraordinary. He knows exactly how smart he is. … He knows how perceptive he is. He knows what a good reader of people he is. And he knows that he has the ability — the extraordinary, uncanny ability — to take a thousand different perspectives, digest them and make sense out of them, and I think that he has never really been challenged intellectually. … So what I sensed in him was not just a restless spirit but somebody with such extraordinary talents that had to be really taxed in order for him to be happy. … He’s been bored to death his whole life. He’s just too talented to do what ordinary people do.”
You need to snap out of it, Mr. President; because our country is in big big trouble right now, and you’re really not as smart as you think you are.
Paul Krugman is an actual economist, and his hair is on fire. He can’t figure out what the President has against Keynesian economics.
I’m not alone in marveling at the extent to which Obama has thrown his rhetorical weight behind anti-Keynesian economics; Ryan Avent is equally amazed, as are many others. And now he’s endorsing the structural unemployment story too.
To those defending Obama on the grounds that he’s saying what he has to politically, I have two answers. First, words matter — as people who rallied around Obama in the first place because of his eloquence should know. Yes, he has to make compromises on policy grounds — but that doesn’t mean he has to adopt the right’s rhetoric and arguments. The effect of his intellectual capitulation is that we now have only one side in the national argument.
Second, since Obama keeps talking nonsense about economics, at what point do we stop giving him credit for actually knowing better? Maybe at some point we have to accept that he believes what he’s saying.
Why is Obama doing this, Krugman wants to know. It can’t be because he’s just stupid, can it? (That’s me, not Krugman)
Anyway, now Obama is handling the decisions about the economy all by himself. He’s even decided to “take the lead” in the budget talks with the Republicans–probably because he didn’t think VP Biden was caving quickly enough to Republican demands. Today,
CBS News reported that Obama wants to give the Republicans twice as much as they were originally asking for.
Two Democratic officials familiar with the negotiations over a deal to raise the debt limit said Wednesday that President Obama wants the final deal to be bigger than the $2 trillion deal that has been the focus of negotiations so far.
In fact, they said, Mr. Obama wants the deal to save the government as close to $4 trillion as possible.
Mr. Obama said Tuesday that lawmakers have “a unique opportunity to do something big,” and a deal to save the federal government $4 trillion would certainly qualify. The officials said the president believes “these moments come around at most once a decade” and that “you can’t run away from an opportunity like this.”
According to the officials, Mr. Obama believes that a larger deal would actually be easier to get through Congress. His thinking, they indicated, is this: Any major deal, whether it’s for $2 trillion in cuts or $4 trillion in cuts, will cause significant pain for both parties. But a larger deal allows backers to argue that despite their misgivings, they’ve taken a major step toward dealing with the deficit and debt problem.
Doesn’t Obama understand that cutting that much government spending is going to create even more unemployment? Is this man insane? No, he’s just a right wing Republican. Actually, maybe that does mean he’s insane.
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Thursday Reads: Fallen Idols, President Pushover, Worsening Weather, Rogue Federal Agency, and More
Posted: June 30, 2011 | Author: bostonboomer | Filed under: Barack Obama, Democratic Politics, Economy, Federal Budget and Budget deficit, Foreign Affairs, Greece, morning reads | Tags: Bert Adams, Chris Hansen, Climate change, Commerce Department, Federal debt limit, Federal Deficit, feminism, fishing industry, Greek protests, Japan earthquake, Jimmy Carter, John Lennon, Michele Bachmann, National Enquirer, NOAA, Ronald Reagan, sandcastles, Twitter, weather | 19 CommentsGood Morning!! I’ve got a variety of interesting reads for you today, so let’s get right to it. Imagine the guy who wrote these words:
“Imagine no possessions, I wonder if you can. No need for greed or hunger, a brotherhood of man. Imagine all the people, sharing all the world.”
Now imagine that he admired Ronald Reagan.
John Lennon, the long-haired British peacenik who was investigated by the FBI in 1972 after he allegedly contributed $75,000 to a group suspected of planning to disrupt the Republican National Convention later was a closet conservative….Fred Seaman, who was Lennon’s personal assistant from 1979 until the singer’s assassination in 1980, claims the former Beatle and anti-war activist favored Ronald Reagan over Jimmy Carter and would have voted for the Gipper if he could have.
“John, basically, made it very clear that if he were an American he would vote for Reagan because he was really sour on Jimmy Carter,” Seaman told Seth Swirsky, who is making a film about the Fab Four.
Seaman said the guitarist “met Reagan back, I think, in the ’70s at some sporting event.”
“Reagan was the guy who had ordered the National Guard, I believe, to go after the young [peace] demonstrators in Berkeley, so I think that John maybe forgot about that,” Seaman told Swirsky in excerpts published in the Toronto Sun. “He did express support for Reagan, which shocked me.”
I don’t even know how to respond to this stunning news. Lennon was apparently a Reagan Democrat. If he’d lived he probably would have been an Obot too….
NYT: Violent Clashes in the Streets of Athens
Confrontations between the police and protesters reached a violent climax here on Wednesday as armored riot officers beat back demonstrators and fired volleys of tear gas into the crowds who had gathered outside Parliament. Inside, lawmakers approved a package of austerity measures aimed at helping Greece avoid a default.
On the second day of a two-day general strike called by unions, rogue protesters also attacked the Finance Ministry on Syntagma Square across from Parliament and set fire to a post office in the ground floor of the building. The King George Palace, a luxury hotel that faces the square, was evacuated in the afternoon.
A police spokeswoman said that 31 police officers were injured and that 30 people had been detained, leading to 11 arrests. Local news media reported that dozens of protesters were hospitalized, and video clips showed the police striking people with their batons.
Amnesty International released a statement on Wednesday condemning the “repeated use of excessive force by police in recent demonstrations, including the disproportionate and indiscriminate use of tear gas and other chemicals against largely peaceful protesters.”
Is this what’s coming for the U.S.? At a press conference today President Obama warned Republicans to wake up and smell the tax increases (aside: I’m not holding my breath for Obama to follow through).
President Obama pressured Republicans on Wednesday to accept higher taxes as part of any plan to pare down the federal deficit, bluntly telling lawmakers that they “need to do their job” and strike a deal before the United States risks defaulting on its debt.
Declaring that an agreement is not possible without painful steps on both sides, Mr. Obama said that his party had already accepted the need for substantial spending cuts in programs it had long championed, and that Republicans must agree to end tax breaks for oil and gas companies, hedge funds and other corporate interests.
In a 67-minute news conference, Mr. Obama cast the budget battle as a tug of war between the interests of the rich — like owners of corporate jets, who he said get generous tax breaks — and those of the middle class, the elderly and children.
But Obama himself offered at best very weak tea:
Mr. Obama, under assault from Republicans on the campaign trail for an unemployment rate that remains above 9 percent, asked voters to understand that the economic recovery would take time but said that Washington, even in its current financial straits, could still do more to help. He expressed support for extending a reduction in payroll taxes for an extra year, providing loans for road and bridge-building and approving trade pacts that could help spur exports.
Big whoop. Why didn’t he fight to end the Bush tax cuts then?
Ezra Klein explains “How you know the negotiations have truly failed.”
The best advice I’ve gotten for assessing the debt-ceiling negotiations was to “watch for the day when the White House goes public.” As long as the Obama administration was refusing to attack Republicans publicly, my source said, they believed they could cut a deal. And that held true. They were quiet when the negotiations were going on. They were restrained after Eric Cantor and Jon Kyl walked out last week. Press Secretary Jay Carney simply said, “We are confident that we can continue to seek common ground and that we will achieve a balanced approach to deficit reduction.” But today they went public. The negotiations have failed.
“The primary goal of President Obama’s presser, which just wrapped up, was obvious,” writes Greg Sargent. “He was clearly out to pick a major public fight with Republicans over tax cuts for the rich.” That’s exactly right. But he didn’t want this fight. He wanted a deal. And he wasn’t able to get one that the White House considered even minimally acceptable. After putting more than $2 trillion of spending cuts on the table, they weren’t even able to get $400 billion — about a sixth of the total — in tax increases.
The conventional wisdom is that now this fight moves to the people. I’d put it differently. Now this fight moves to the consequences. Neither side is going to give in the face of purely rhetorical salvos. The White House is expecting Republicans to accuse them of wanting to raise taxes. The Republicans are expecting the White House to accuse them of putting the interests of large corporations and wealthy donors in front of the needs of seniors, children and the poor. Both parties have seen the poll numbers behind their positions. If a few news conferences were going to be sufficient to end this, it would never have started.
Climate experts warn that “epic weather” will continue because of climate change
Epic floods, massive wildfires, drought and the deadliest tornado season in 60 years are ravaging the United States, with scientists warning that climate change will bring even more extreme weather.
The human and economic toll over just the past few months has been staggering: hundreds of people have died, and thousands of homes and millions of acres have been lost at a cost estimated at more than $20 billion.
And the United States has not even entered peak hurricane season.
“This spring was one of the most extreme springs that we’ve seen in the last century since we’ve had good records,” said Deke Arndt, chief of climate monitoring for the National Oceanic and Atmospheric Administration (NOAA).
While it’s not possible to tie a specific weather event or pattern to climate change, Arndt said this spring’s extreme weather is in line with what is forecast for the future.
The Boston Globe reveals that fishermen in Gloucester, MA and up and down the Atlantic coast were the victims of abuse of power by NOAA.
About a decade ago, the Commerce Department’s fish police started a fight with Larry Ciulla, who owns and operates the Gloucester Seafood Display Auction with three other family members. Claiming that the auction had exceeded the day’s catch limit by one 60-pound fish, the regulators levied a $120,000 fine and ordered a 90-day shutdown.
Outraged, Ciulla challenged the penalty. He turned to Gloucester lawyer Ann-Margaret Ferrante, who is now a state representative and whose grandfather, father, and uncle were fishermen. Together, they decided to take on the agency known as the National Oceanic and Atmospheric Administration. In need of political backup, they went to US Representative John Tierney, whose district covers Gloucester. Eventually, their grass-roots effort drew in the mayors of Gloucester and New Bedford, the Bay State congressional delegation, and a bipartisan string of lawmakers from Maine to the Carolinas.
This year, federal officials finally acknowledged their own regulators had gone rogue. They were guilty of overzealous, abusive, and targeted enforcement, a series of independent investigations revealed. Regulators were levying crippling fines for invented or inflated offenses, as they relentlessly bullied an entire industry. They were using the fishermen’s money to finance a fleet of cars, a luxury boat, and assorted foreign junkets.
Please read the whole sordid story.
Twitter has released fascinating data on the number of tweets and direct messages during and after the Japan earthquake.
“On Twitter, we saw a 500% increase in Tweets from Japan as people reached out to friends, family and loved ones in the moments after the March 2011 earthquake,” said the company on its blog.
Kirstin Powers interviewed Michele Bachmann, and learned that the Tea Party queen is no feminist.
Unlike Sarah Palin, who has brandished the feminist moniker and spoken of an “emerging conservative feminist identity,” Bachmann told me in an interview Tuesday that she wouldn’t call herself a feminist—instead, she simply described herself as “pro-woman and pro-man.” When I pressed her on the matter, the Minnesota congresswoman said she sees herself as an “empowered American.”
Bachmann seemed loath to engage in the kind of girl-power rhetoric utilized by Palin and Hillary Clinton, who both invoked the perennial—and so far unbreakable—presidential glass ceiling.
Said Bachmann: “I’m a woman comfortable in her own skin. I grew up with three brothers. My parents didn’t see us [as] limited [by gender]. I would mow the lawn and take out the trash; I was making my own fishing lures. I went along with everything the boys did.”
Bachmann is still doing everything the boys do, but as a female candidate she endures indignities that are foreign to your average male pol. Yet she takes it all in stride.
Don’t you just love it when smarmy, self-righteous people are brought low? I know I do. Despite the fact that I loathe pedophiles, I’ve always been turned off by Chris Hansen and his obnoxious TV show “To Catch a Predator.” Now Hansen himself has been caught on “candid camera.”
Chris Hansen has found himself on the receiving end of his own hidden camera tactics, after the married NBC anchor was secretly filmed on an illicit date with a blonde television reporter 20 years his junior.
Hansen, 51, has allegedly been having an affair with Kristyn Caddell, a 30-year-old Florida journalist, for the last four months.
ROFLOL!
Secret cameras filmed the couple as they arrived at the hotel for dinner and then drove back to her apartment – where the pair left, carrying luggage, at 8am the following day.
Hansen lives in Connecticut with his wife Mary, 53, but he has been spending more and more time in South Florida investigating the disappearance of James ‘Jimmy T’ Trindade – and allegedly sleeping with Miss Caddell.
The cameras belonged to The National Enquirer. Fortunately for Hansen, Miss Caddell is slightly beyond the age of consent.
Finally, here’s a nice summery story to get you ready for the upcoming long weekend: Work’s a Day at the Beach for Sand-Castle Consultants
CANNON BEACH, Ore.—On a recent weekend, sand creatures were sprawled across this Pacific Coast beach. There were sea horses by a giant squid, with an “Attackin’ Kraken” sea monster nearby, along with several pigs, some giant mice and an amputee octopus.
Many of the sand sculptures had the same point of origin: They had been built by people who at one time or another were advised by Bert Adams, one of the nation’s handful of professional sand-castle consultants.
“They did well,” said Mr. Adams, a 51-year-old former electrical engineer, as he surveyed the array of creations made by his onetime students at Cannon Beach’s 47th annual sand sculpting tournament.
“He’s a great mentor,” says Amos Callender, an Olympia, Wash., architect who took a course—Sand 101—that Mr. Adams taught two years ago. Mr. Callender and his team took first place at Cannon Beach last year, while this year they built a sand sculpture depicting “the good life”—a wine lover sporting a beret; a mouse tucking into a giant wheel of cheese—that finished second.
What a great idea. Now if only I could find a niche that would pay me big bucks for something I love doing!
So what are you reading and blogging about today? Hit me with it!
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