Good Morning! So President Obama has set off another big battle in Washington by asking to give his highly touted jobs speech before a joint session of Congress next Wednesday–at the same time as the next Republican debate. For a guy who keeps harping on “bipartisanship,” you have to wonder why he did that. Maybe he’s trying to distract everyone from the fact that he has no new ideas about jobs? From Politico:
A presidential address to a joint session of Congress is usually one of Washington’s more dignified and predictable events — but President Barack Obama’s request to deliver a Sept. 7 speech quickly devolved into just another partisan pie fight.
Oval Office requests for a prime-time slot in the well of the House — whatever the motivation, topic or tenor of the times — are traditionally approved on a more or less pro forma basis. In fact, the official historian for the House of Representatives told reporters Wednesday that no such request has ever been publicly rejected.
But this is 2012 Washington, where the comforting little courtesies and old-shoe rituals that once kept bickering Democrats and Republicans from immobilizing the republic have been chucked in the constant quest for news-cycle leverage.
So Speaker Boehner told the President to move his speech to Thursday, and even on this, Obama caved. The speech will now be on Thursday. But why does the speech need to be given before a joint session of Congress anyway? Why does there even need to be a speech? Just DO something for Pete’s sake! All I can say is the White House gang had better come up with some startling ideas, or Obama is going to look incredibly lame. More talk about free trade agreements, patent reform, and extending the payroll tax holiday simply won’t cut it.
Chris Cilizza at the WaPo, discusses the likelihood that the WH scheduling was just a coincidence, as press secretary Jay Carney initially claimed.
when the White House announced today that President Obama would deliver his much-anticipated jobs speech on Sept. 7 at 8 pm— the exact same day and time that the 2012 Republican candidates are scheduled to debate in California — the idea that the timing was purely coincidental was, well, far-fetched.
Opinions varied on whether this was a good idea or not.
Some applauded the move as a sign of much-needed aggression from the White House “Whether intentional or not it sends a signal that the president and White House are coming out of their corner between rounds fists up, on their toes and ready to fight,” said Democratic strategist Chris Lehane.
But there were others within the party who worried that the White House’s scheduling gambit might backfire.
“It’s a bad idea [and] seems a little small,” said one Democratic consultant granted anonymity to speak candidly. “And it suggests perhaps his jobs plan wont be that appealing because now the coverage will be about the strategy and not the substance.”
Another senior Democratic operative suggested that scheduling the speech simultaneously with the GOP debate actually would muddy rather than clarify the contrast the White House is hoping for heading into 2012.
But none of this really matters now that Obama has caved to the Republicans, as usual; and now he has to compete with the opening of the NFL season.
Republican presidential candidate Jon Huntsman has released his economic plan, and it’s a doozy. He want to reduce the marginal tax rate to 23 percent, giving the richest Americans the lowest tax rate since the Hoover administration. And how does he propose to pay for this? Here’s how.
Huntsman says he will pay for this supply-side bonanza by eliminating all so-called “tax expenditures.”…. Huntsman either hasn’t thought through — or doesn’t want people to know — what eliminating all tax expenditures would actually mean. So let’s take a look at the official tax expenditure list and see what would happen if we got rid of all of them:
– All Social Security benefits would become taxable. Senior citizens that currently receive the average Social Security benefit as their primary income source (as is the case for most seniors) currently pay no income taxes on those benefits, but would under Huntsman’s plan.
– Many middle-class parents would lose child tax credits and tax benefits for education and child care that are more valuable to them than a tax rate cut.
– Huntsman’s tax plan would also eliminate the employer health insurance exclusion, which helps enable some 160 million Americans get coverage through their jobs.
– One of the most successful pro-work, anti-poverty initiatives, the Earned Income Tax Credit, would be abolished.
– Veterans pensions and disability benefits would become subject to tax, as would all military combat pay, military housing allowances and meals, workers compensation payments, public assistance benefits, and state foster care payments.
This is just a partial list of the harsh and/or bizarre consequences that would occur if all tax expenditures were eliminated to fund a huge giveaway to the very rich.
In line with this latest Republican proposal to screw the poor and the elderly, on Tuesday, the New York Times editorial page took note of “the new resentment of the poor.”
In a decade of frenzied tax-cutting for the rich, the Republican Party just happened to lower tax rates for the poor, as well. Now several of the party’s most prominent presidential candidates and lawmakers want to correct that oversight and raise taxes on the poor and the working class, while protecting the rich, of course.
These Republican leaders, who think nothing of widening tax loopholes for corporations and multimillion-dollar estates, are offended by the idea that people making less than $40,000 might benefit from the progressive tax code. They are infuriated by the earned income tax credit (the pride of Ronald Reagan), which has become the biggest and most effective antipoverty program by giving working families thousands of dollars a year in tax refunds. They scoff at continuing President Obama’s payroll tax cut, which is tilted toward low- and middle-income workers and expires in December.
Until fairly recently, Republicans, at least, have been fairly consistent in their position that tax cuts should benefit everyone. Though the Bush tax cuts were primarily for the rich, they did lower rates for almost all taxpayers, providing a veneer of egalitarianism. Then the recession pushed down incomes severely, many below the minimum income tax level, and the stimulus act lowered that level further with new tax cuts. The number of families not paying income tax has risen from about 30 percent before the recession to about half, and, suddenly, Republicans have a new tool to stoke class resentment.
Speaking of cold-hearted Republicans, you’ve probably heard about Eric Cantor’s demand that any Federal help given to those hit by Hurricane Irene must be offset by cuts in other areas. Unfortunately for Cantor, he was singing another tune in 2004 when his state, Virginia, needed help.
Not only that but suddenly one of the new Republican stars is in need of help and doesn’t want to worry about debt and deficits and cutting government. He wants help for his state right now.
New Jersey Gov. Chris Christie reacted angrily to a fight brewing in Washington over whether Hurricane Irene disaster aid may need to be offset by federal spending cuts.
“Our people are suffering now, and they need support now. And they [Congress] can all go down there and get back to work and figure out budget cuts later,” the Republican governor told a crowd in the flood-ravaged North Jersey town of Lincoln Park.
Christie said no such discussion was held when help went to Joplin, Mo., where a deadly May tornado damaged 7,500 homes.
“We need the support now here in New Jersey, and that’s not a Republican or a Democratic issue,” Christie said, according to NorthJersey.com
Another hurricane could be on the way. Tropical Storm Katia may be a Hurricane soon. It looks like this one may hit the Gulf coast, and quite a few oil workers are already being evacuated.
The Miami-based center said Katia was forecast to become a “major” hurricane with winds over 111 mph (178 kph) on Sunday, but it was still too early to tell whether it would threaten land.
At 5 p.m. (2100 GMT), Katia was about 1,285 miles (2.070 km) east of the Caribbean’s Leeward Islands. It was moving rapidly west-northwest and was forecast to turn northwest in a couple of days on a course that would keep it away from the Caribbean islands.
Of course it’s too soon to know for sure what will happen, but maybe Mayor Bloomberg should get busy preparing another evacuation plan.
Federal and state environmental teams on Wednesday investigated the extent of health risks related to damaged sewage and water treatment plants in more than a dozen Vermont towns where flash flooding has left thousands of people without electricity or potable water since Sunday.
Engineers from the federal Environmental Protection Agency and the state’s Department of Environmental Conservation visited several areas that had been cut off to assess the hazards, officials said. The teams were trying to determine the extent of damage to sewage and water plants in at least 13 towns, including chemical and other hazardous material spills and leaks, said Justin Johnson, deputy commissioner of the environmental department….
The Vermont National Guard continued to airlift supplies to residents in 13 towns stranded by washed out roadways, damaged bridges, fallen trees and mud. A helicopter from the Illinois National Guard joined the relief effort on Wednesday, helping distribute supplies, said Mark Bosma, a spokesman for Vermont Emergency Management.
By Wednesday night, crews had completed makeshift roads into all of the isolated towns, state officials said. They reached the last, Wardsboro, population 850, in south central Vermont, just before 6 p.m.
A mystery investor or hedge fund reportedly made a bet of almost $1billion at odds of 10/1 last month that the U.S. would lose its AAA credit rating.
Now questions are being asked of whether the trader had inside information before placing the $850million bet in the futures market.
The Daily Mail suggests this might involve George Soros, but a knowledgeable source denied it. The article also suggests that whoever made the bet could have had inside information–arguing that Obama and Geithner seem to have known for some time that a downgrade by S&P was in the works. Of course The Daily Mail is a conservative rag.
The latest bet was made on July 21 on trades of 5,370 ten-year Treasury futures and 3,100 Treasury bond futures, reported ETF Daily News.
Now the investor’s gamble seems to have paid off after Standard and Poor’s issued a credit rating downgrade from AAA to AA+ last Friday.
Whoever it is stands to earn a 1,000 per cent return on their money, with the expectation that interest rates will be going up after the downgrade.
Last year the Wall Street Journal reported that Cantor, the No. 2 Republican in the House, had between $1,000 and $15,000 invested in ProShares Trust Ultrashort 20+ Year Treasury EFT. The fund aggressively “shorts” long-term U.S. Treasury bonds, meaning that it performs well when U.S. debt is undesirable. (A short is when the trader hopes to profit from the decline in the value of an asset.)
According to his latest financial disclosure statement, which covers the year 2010 and has been publicly available since this spring, Cantor still has up to $15,000 in the same fund. Contacted by Salon this week, Cantor’s office gave no indication that the Virginia Republican, who has played a leading role in the debt ceiling negotiations, has divested himself of these holdings since his last filing.
Why are these kinds of investments bets even legal? This is nothing but high stakes gambling, and it’s just plain wrong.
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Good Morning! It’s iced coffee weather, I love it! Now let’s see what’s happening in the news.
In one of the most childish episodes in an incredibly childish debt ceiling debate, the House Republicans yesterday used a scene from a Ben Affleck movie “The Town,” to fire themselves up to burn down the U.S. economy. Here’s the clip:
Transcript:
Affleck: “I need your help. I can’t tell you what it is. You can never ask me about it later. We’re gonna hurt somebody.”
Friend: “Whose car are we gonna take?”
Yeah, they’re gonna hurt somebody, for sure. BTW, I noticed the media generally is leaving out that line about hurting someone. It must be some kind of oversight, right?
After showing the clip, Rep. Allen West (R-Fla.), one of the most outspoken critics of leadership among the 87 freshmen, stood up to speak, according to GOP aides.
“I’m ready to drive the car,” West replied, surprising many Republicans by giving his full-throated support for the plan.
However, a leading conservative lawmaker, Rep. Jim Jordan (R-Ohio), said enough Republicans appear to oppose Boehner’s plan that it would not be able to pass the House on GOP support alone.
in a statement his spokesperson provided to The Huffington Post, he suggested that Republicans use a different one of his movies next time they need to whip votes.
“I don’t know if this is a compliment or the ultimate repudiation,” said the actor, who is currently in Turkey directing and starring in “Argo,” an adaptation of the Tehran hostage crisis. “But if they’re going to be watching movies, I think “The Company Men” is more appropriate.”
That latter Affleck flick focuses on the plight of middle age men who have been laid off during the recession. (One of them, depressed about being unemployed, later kills himself.) Whether that message would resonate in the GOP caucus is anyone’s guess. But the likelihood is that McCarthy knows his members a bit better than Affleck. According to the Post, Rep. Allen West (R-Fla), one of the most intransigent Tea Party members of the Freshmen class, was won over by the gambit.
“Boehner must go,” Tea Party Nation founder Judson Phillips said in his blog on Wednesday, calling the speaker a “big government Republican” who “worships at the altar of massive spending.”
“We need a speaker who is a leader. We need someone with courage and vision. Boehner has none of those qualities. He is not a leader,” Phillips wrote. “John Boehner simply wishes to be the manager in chief of the welfare state. His vision of the GOP and the speakership involves golfing, drinking and not rocking the boat.”
But Tea Party-backed lawmakers on Wednesday stood up for Boehner, even though they prefer another plan – “cut cap and balance,” which would allows the nation to borrow $2.4 trillion more money in exchange for a balanced budget amendment to the Constitution. That measure passed in the House last week but died in the Senate.
“My Republican leadership in the House is doing a great job,” freshman Rep. Joe Walsh said at a Tea Party rally Wednesday. “Imagine having to negotiate with Barack Obama. Imagine having to negotiate with Harry Reid. Give John Boehner, give Eric Cantor all the credit in the world.”
At a hearing of the House Committee on Homeland Security today about the radicalization of young Somali American Muslims by the al-Shabaab terrorist group, Rep. Sheila Jackson Lee (D-Texas) said the committee should hold a hearing on “right-wing extremists” in the United States.
Jackson Lee used much of her allotted five minutes to question panelists with expertise on radicalization about the alleged hacking into telephones of 9-11 victims by the now-closed News of the World tabloid in England.
“I would add to that, that I would like to have a hearing on right-wing extremists, ideologues who advocate violence and advocate, in essence, the terrorizing of certain groups,” Jackson Lee said.
Jack Daniel McCullough, 71, a former neighbor of the victim’s, was charged this month in her slaying.
Officials say they exhumed the body in hopes that modern technology will help their murder case.
McCullough, 71, a former police officer who was living in the Seattle area, waived his extradition rights and was released Wednesday to Illinois authorities. He arrived at the jail in DeKalb about 4:50 p.m.
Family members said they agreed to the exhumation, but it was difficult to face.
“Although the events are very difficult and very unsettling, we understand the necessity for these things and we are in complete agreement and thankful for the way that this case is being handled,” said Charles Ridulph, 65, Maria’s older brother.
Finally, there may be justice for Maria and her family.
At the Daily Beast, Andrew Sullivan has the “dish” on CNN’s obnoxious replacement for obnoxious Larry King, Piers Morgan. Piers denies he was ever involved in phone hacking when he worked for the News of the World, but Sullivan says Piers is l-l-l-l-lying.
The American Civil Liberties Union (ACLU) of Texas announced Wednesday they would be partnering with Americans United for Separation of Church and State (AU) to host an alternative to Texas Governor Rick Perry’s prayer rally in Houston.
“Gov. Perry’s decision to sponsor a ‘Christians-only’ prayer rally is bad enough. That he turned to an array of intolerant religious extremists to put it on for him is even worse,” said Barry Lynn, Executive Director of Americans United for Separation of Church and State.
“This event unites us in our conviction that government should have no favorite theology and that it must always strive to ensure that all citizens – Christians, Jews, Muslims, Hindus, Buddhists, atheists and others – are full and equal partners in the public square.”
The event, called “Family, Faith and Freedom” be held Friday evening August 5, one day before the start of the “The Response,” an evangelical Christian prayer rally in Houston.
Good idea. Well that’s it for me. What are you reading and blogging about today?
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Now David Seaman, a blogger at Business Insider argues that Boehner and Cantor are committing treason by catering to a small number of Tea Partiers’ demands while making the U.S. look weak and unreliable to the rest of the world.
I don’t know of a single American business owner or executive who thinks default — economic armageddon — should be on the table, and yet Republicans are acting as if Americans consider this a viable option.
Sadly, it’s already too late: although we still have time to get a deal before the August 2nd hard deadline, this is the equivalent of shoving a check under your landlord’s door at 11:59 p.m. You’ve lost his trust, even if you are technically not in default.
Enough disgusting dramatics to please your small Tea Party base — we are a nation of more than 300 million; the Tea Party is a handful of folks with racist signs, radical agenda, and the favor of a few influential bookers at Fox News.
On Boehner and Cantor:
John Boehner — a full-grown man who cries in public for rhetorical affect (or maybe he’s that imbalanced, I don’t know)… Eric Cantor — a disgusting attention-seeker who doesn’t realize he is one of the country’s actual leaders, and not merely a commentator on a political morning show.
At this point, Americans should be calling for both of their heads. We need to keep an eye on such “leaders” and ensure that they and their kind are not re-elected to Congress. They don’t represent any of us. And their childish Tea Party views — which have no basis in sound economic theory — are making us look like fools to our international partners.
…if America defaults on its debt, not only will we find ourselves in a far deeper fiscal hole, but the full faith and credit of the United States will be compromised. In our globalized era, that means America will be considered an unpredictable partner and a second-class power.
Worst of all, this will be a self-inflicted wound. It is a direct result of the hyper-partisanship that has been hijacking America’s political debates. Now it is compromising our ability to govern ourselves effectively.
The markets are viewing Washington’s debt dysfunction as badly as Standard & Poor’s and Moody’s, which have raised the possibility of downgrading their ratings of U.S. bonds.
The British government’s business secretary, Vince Cable, summed up the situation as he saw it on the BBC this weekend: “The irony of the situation at the moment, with markets opening tomorrow morning, is that the biggest threat to the world financial system comes from a few right-wing nutters in the American Congress.”
Avlon blames the mess on “hyper-partisanship,” but the problem as I see it is that the Democratic side–especially our Reagan-adoring President–is showing no partisanship at all, just rushing to cave in to every Republican demand. After all, Obama could quickly resolve this situation, as Daknikat pointed out yesterday, by “invoking the 14th Amendment.”
At FDL, David Dayen points out, rather sarcastically, that Obama “has options to raise the debt limit.” He could tell Congress to vote on the debt limit and hold the arguments about cuts and taxes till later, as Elizabeth Drew suggested at Politico. Alternatively, Dayen says he could turn to the 14th amendment. Obama has so far dismissed this possibility.
PRESIDENT OBAMA should announce that he will raise the debt ceiling unilaterally if he cannot reach a deal with Congress. Constitutionally, he would be on solid ground. Politically, he can’t lose. The public wants a deal. The threat to act unilaterally will only strengthen his bargaining power if Republicans don’t want to be frozen out; if they defy him, the public will throw their support to the president. Either way, Republicans look like the obstructionists and will pay a price….
Our argument is not based on some obscure provision of the 14th amendment, but on the necessities of state, and on the president’s role as the ultimate guardian of the constitutional order, charged with taking care that the laws be faithfully executed.
When Abraham Lincoln suspended habeas corpus during the Civil War, he said that it was necessary to violate one law, lest all the laws but one fall into ruin. So too here: the president may need to violate the debt ceiling to prevent a catastrophe — whether a default on the debt or an enormous reduction in federal spending, which would throw the country back into recession.
A deadlocked Congress has become incapable of acting consistently; it commits to entitlements it will not reduce, appropriates funds it does not have, borrows money it cannot repay and then imposes a debt ceiling it will not raise. One of those things must give; in reality, that means that the conflicting laws will have to be reconciled by the only actor who combines the power to act with a willingness to shoulder responsibility — the president.
Abe Lincoln did it, but Obama claims he can’t? Seaman, Avlon, and Vince Cable so far are holding their fire on Obama’s role in this embarrassing mess. But he is the one who is ultimately responsible for maintaining the full faith and credit of the U.S. Treasury. That credit has already been harmed by Obama’s failure to act decisively.
I’d say it’s high time to begin impeachment proceedings against this President, or failing that, Democrats should find someone to run against him in the 2012 primaries. This nonsense has gone on long enough. Yes, I understand that Obama wants to gut Social Security, Medicare, and Medicaid, but the Republicans aren’t going to accept a deal when it’s blatantly obvious that they still can get more from this President–he’ll cave on anything. Either Obama needs to get a grip and do the right thing for once, or he needs to find a job he can handle and let someone else lead the United States of America.
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Good Morning!! I’m going to start out with some interesting poll results that came out yesterday.
According to the latest Washington Post-ABC News poll, a lot of ordinary Republicans are unhappy with their GOP representatives in Washington, DC. From the WaPo:
While Republicans in Congress have remained united in their opposition to any tax increases, the poll finds GOP majorities favoring some of the specific changes advocated by the president, including higher income tax rates for the wealthiest Americans.
There is also broad dissatisfaction with Obama’s unwillingness to reach across the aisle: Nearly six in 10 of those polled say the president has not been open enough to compromise. Among independents, 79 percent say Republicans aren’t willing enough to make a deal, while 62 percent say the same of Obama.
Republicans may also be losing the war of perception about who stands with whom in the debates over the deficit and the economy. A majority view the president as more committed to protecting the interests of the middle class and small businesses, while large majorities see Republicans as defending the economic interests of big corporations and Wall Street financial institutions.
Against a backdrop of broad concern about the impact of default, 80 percent of Americans in a new ABC News/Washington Post poll say they’re dissatisfied or even angry with the way the federal government is working, up 11 points in a single month. It last was this high in 1992, during the economic downturn that cost the first President Bush a second term.
The times today are nearly as tough: The ABC News Frustration Index has risen to 72 on its scale of 0 to 100, its highest since just before the 2010 midterm elections and well into the political danger zone. The index combines dissatisfaction with the government, anti-incumbent sentiment and ratings of the president and the economy alike.
But unlike 1992 – or 2010 – the opposition party’s taking even more heat than the president. While President Obama for the first time has fallen under 40 percent approval for handling the economy, the Republicans in Congress do even worse, 28 percent approval. On handling the deficit, it’s a weak 38 percent approval for Obama, but a weaker 27 percent for the GOP. And on handling taxes, Obama has 45 percent approval, the GOP, 31 percent.
It’s good to know that some Americans are getting angry. I wish they’d get out the pitchforks and make some noise about it in the streets.
Gov. Chris Christie’s popularity has declined significantly over the first half of 2011 and he would have a very difficult time winning reelection if voters in New Jersey went to the polls today, according to a survey by Public Policy Polling.
While Republican activists outside New Jersey want Christie to seek the party’s 2012 presidential nomination, only 43 percent of Garden State voters approve of the job the governor is doing to 53 percent who disapprove.
The figures represent a 13 point decline from when Public Policy Polling last surveyed voters in January, when Christie’s standing was 48 percent approval and 45 percent disapproval.
Christie’s numbers are steady with Republicans but independents have really turned on him, going from approving by a 55 percent to 39 percent margin to disapproving by a 54 percent to 40 percent margin. And his crossover popularity with Democrats is on the decline as well. Where 23 percent approved of him in January, now only 16 percent do.
Christie has been making huge cuts in government services. I guess austerity isn’t as popular with the grass roots as it is with the power elites.
The latest poll released Wednesday by Connecticut’s Quinnipiac University showed that only 35 percent of registered voters approve of the job the Republican governor has done in his first six months. Exactly half say they disapprove, up 1 percentage point since May, with the remainder undecided.
“Even after the state budget has been approved as he promised without raising taxes, and even though the Quinnipiac University poll finds that 63 percent say they favor such an approach, Gov. Kasich’s name remains mud in the eyes of the Ohio electorate,” said Peter A. Brown, assistant director of the Quinnipiac University Polling Institute.
The same poll shows that even some of those who approve of the governor’s performance are prepared to reject his signature law restricting the collective bargaining power of government employees at the ballot on Nov. 8. Fifty-six percent of voters say it should be repealed, up 2 percentage points since May.
Republicans always overreach, don’t they? It looks like the 2010 win may have been just a flash in the pan.
The Minnesota congresswoman returned to Iowa early Wednesday morning as polls show her gaining ground nationally as a top alternative to former Massachusetts Gov. Mitt Romney, the early front-runner for the GOP nomination. Since formally entering the race last month, she has eclipsed other Republicans in the field, including fellow Minnesotan Tim Pawlenty, who has been actively campaigning all year.
The latest Wall Street Journal/NBC News poll offered a statistical glimpse at their diverging fortunes. In the poll, 16% of the registered Republicans picked Ms. Bachmann as their top choice, putting her second behind Mr. Romney, who remains the first choice of 30% of the Republicans polled. In the same survey, 2% of registered Republicans chose the former Minnesota governor as their top pick, down from 6% in April.
A letter dated Wednesday from a congressional doctor whose office has examined Republican Michele Bachmann described the presidential candidate’s migraines as occurring “infrequently” and controlled by prescription medication.
Bachmann’s campaign distributed the letter from Dr. Brian Monahan, the attending physician in Congress. Bachmann has been evaluated by that office during her three terms in Washington.
“My gut tells me that we’ll need a weekend of drama — maybe a weekend of the government not paying its bills — politicians need drama to make something happen. As soon as social security checks don’t go out, the politics will change. I suspect it’ll take artificial drama to get closure past the House.”
“Boehner understands that a shutdown is bad for his caucus and that there’s something viable short of a shutdown but right now… it’s a 50-50 chance that we go into a few days of disruption.”
Gregg said lawmakers don’t really care about the nation’s credit rating:
“Policy-makers only worry about a ratings downgrade at the margins. They don’t really care. The ratings agencies put themselves in a corner that’s foolish. I’ve always found them to be incredibly naive about the political process. To be so definitive is foolish.”
“For the ratings agencies to make this drop-dead date, it’s stupid and naive because we’ll straighten it out, but our process doesn’t allow it to do it overnight.”
Gregg says all this will means the Republicans get most of the blame for the mess. They didn’t learn anything from what happened to Gingrich, did they?
Gregg is probably right about the gang of six plan, since that is basically what the Republicans already rejected. And Brian Beutler reports that they are rejecting it again.
As time goes on, and conservative interest groups and members of Congress rip into it, support among Republicans for the Gang of Six plan to reduce deficits will begin to wane. In fact, that’s already happening.
In a publicly released memo meant to undermine support for the Gang of Six plan in its current form, House Budget Committee chairman Paul Ryan (R-WI) laments, “it increases revenues while failing to seriously address exploding federal spending on health care, which is the primary driver of our debt. There are also serious concerns that the proposal’s substance on spending falls far short of what is needed to achieve the savings it claims.”
A few wealthy donors have called Cantor to tell him they wouldn’t mind if their taxes are raised. During two closed meetings this week — one with vote-counting lawmakers, and another with the entire conference — Cantor told colleagues that some well-heeled givers have told them they’re willing to pay more taxes. Cantor, according to an aide, has responded that House Republicans aren’t standing up for the wealthy, but rather for the middle class, who want to see their taxes stay low.
Yeah sure, Eric. You’re standing up for the middle class. ROFLOL!
A year-old start-up, Social Intelligence, scrapes the Internet for everything prospective employees may have said or done online in the past seven years.
Then it assembles a dossier with examples of professional honors and charitable work, along with negative information that meets specific criteria: online evidence of racist remarks; references to drugs; sexually explicit photos, text messages or videos; flagrant displays of weapons or bombs and clearly identifiable violent activity.
[….]
Less than a third of the data surfaced by Mr. Drucker’s firm comes from such major social platforms as Facebook, Twitter and MySpace. He said much of the negative information about job candidates comes from deep Web searches that find comments on blogs and posts on smaller social sites, like Tumblr, the blogging site, as well as Yahoo user groups, e-commerce sites, bulletin boards and even Craigslist.
….it is photos and videos that seem to get most people in trouble. “Sexually explicit photos and videos are beyond comprehension,” Mr. Drucker said. “We also see flagrant displays of weapons. And we see a lot of illegal activity. Lots and lots of pictures of drug use.”
Bibee, a 28-year-old carpenter who grew up in Angels Camp, northwest of the park, had brought Amanda Lee, a visitor from Missouri, to the top of Vernal Fall on Tuesday — her first visit to Yosemite, but the latest of many for him.
They were standing behind a metal barricade, peering at the cascade….Bibee saw a man cross over the barricade. He was leaning over the 317-foot waterfall, holding a young girl, who was screaming in terror. People begged them to get back. “I’m yelling at him, ‘You SOB, get over here!'” Bibee said. Eventually, the two returned to safety.
But then Bibee noticed that three other people had also crossed over, and were “taking pictures and being stupid.”
The three people, members of a church group, fell into the water and went over the falls. All are presumed dead. Why would people go past a barricade and warning signs to stand on the edge of a raging waterfall? But it’s not the first time. The article says twelve people have gone over the falls previously–all were killed.
That’s it for me. What are you reading and blogging about today?
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The Sky Dancing banner headline uses a snippet from a work by artist Tashi Mannox called 'Rainbow Study'. The work is described as a" study of typical Tibetan rainbow clouds, that feature in Thanka painting, temple decoration and silk brocades". dakinikat was immediately drawn to the image when trying to find stylized Tibetan Clouds to represent Sky Dancing. It is probably because Tashi's practice is similar to her own. His updated take on the clouds that fill the collection of traditional thankas is quite special.
You can find his work at his website by clicking on his logo below. He is also a calligraphy artist that uses important vajrayana syllables. We encourage you to visit his on line studio.
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