Friday, October 14, 2011

Both Sides Do It - Senate Obstructionism Edition

James Fallows has a very useful piece up that showcases the Republicans' unprecedented, cynical, and childish abuse of the filibuster ever since the election of the black Kenyan socialist Usurper. He links to several recent articles from prominent media outlets that fault either Obama's failure or both parties for the intransigence of the US Senate. 

It doesn't take an especially astute observer to notice the way in which the GOP has effectively transformed the Senate into a 60-votes-required-to-do-anything deliberative body, but most Americans are also not hyper political junkies like myself, or the sort of people that might follow Fallows' blog. And that precisely highlights the problem - you have one party refusing to let the Senate consider any manner of legislation, and then our high-minded, objective observers in the media scoff at these petty squabbles and bemoan that both sides are at fault for the Senate being able to function in the tradition of the modern democracy which it represents. Most people have no idea what the fuck cloture even means. They just know that every bill goes to die in the Senate, that nothing ever happens, they hear from the media that both sides are to blame, and they conclude that both parties in the US Senate are a bunch of assholes.

And let's be clear: filing for cloture requires that the Senate muster up 60 affirmative votes to even proceed to debate and an up/down vote on the legislation begin considered. Again, I doubt most Americans know this distinction, but the GOP minority effectively prevents legislation not from being passed (although that is a byproduct) but from even coming up for a vote that would allow it to be passed or rejected. It's immature, infantile, and deplorable. They have essentially made the use of a nuclear option a routine way of doing business as the minority party. It would be a very different scenario if the GOP had the numbers in the upper chamber and they were bypassing cloture filings, but whipping their members or getting a few Democrats to cross over to block the legislation from passing in an up/down vote. But they are a caucus of cynical cravens that won't even let legislation get that far. 

Fallows links to this graph to illustrate this point:


Let us not forget that Senate Minority Leader Mitch McConnell (R-KY) said that his number one goal is making Barack Obama a one term president. The abuse of the filibuster is just another means to that end, a cleverly devised ploy to make voters lose faith in their government, and conveniently aided and abetted by the empty suits in the media who give McConnell's strategy political cover by means of being too timid to report the facts. Because as we all know, facts have a well established liberal bias.

Tuesday, October 11, 2011

We're Putting New Cover Sheets On All the TPS Reports Now

Mother Jones does a great job with some of the visual pieces it runs with various data illustrating our economic stratification. I frequently link to this one about income inequality, because it is simply indispensable for illustrating just how far down the plutocracy rabbit hole we have ventured. But they have another great illustrated feature up called Overworked America that is well worth your time. 

I think one of the most shocking and saddest chart is the one where it shows that most of the African continent requires paid maternity leave. The US still has no such requirement. Parents must take time off through short-term disability and the Family Medical Leave of Absence Act. Short-term disability is an insurance benefit (and not 100% of your salary in most cases), and FMLA is unpaid. It just prevents your employer from firing you while you are out on FMLA approved leave.

So yeah. We are behind Africa in the benefits we afford to new mothers. Africa. You know, that giant chunk of land south of Europe and Asia that doesn't exactly boast a reputation of modern, civilized democracies but more often than not brings to mind images of genocide, famine, sectarian violence, and civil war. That's the continent that affords mandatory paid maternity leave. Not ours.

Your Liberal Media - OWS Edition

This chart from Nate Silver over at Five Thirty Eight/NYT illustrates nicely what I wrote the other day about the widely disparate media treatment afforded to the tea baggers and OWS:


Granted buried in that data you have an entire cable network devoted to flogging and propping up right wing loonies and the conservative agenda, but it's telling nonetheless. Read the blog post that goes with the graphic. The media basically collectively decided that OWS was OMGBORING until the police started pepper spraying people in lower Manhattan for no good reason. 

Say What You Mean, Mean What You Say

I have always thought that the 'flip-flop' label, when applied to politicians, is a little banal and childish. People should be allowed to change their opinions, based on facts of course, and not for political expediency. That being said, this statement from Mitt Romney makes me want to puke and slap him all at the same time:
ROMNEY: I don’t worry about the top one percent. I don’t stay up nights worrying about ‘gee we need to help them.’ I don’t worry about that. They’re doing just fine by themselves. I worry about the 99 percent in America. I want America, once again, to be the best place in the world to be middle-class. I want to have a strong and vibrant and prosperous middle-class. And so I look at what’s happening on Wall Street and my own view is, boy I understand how those people feel…The people in this country are upset.
Not one week ago, when asked of the Occupy Wall Street protests, he said:
“I think it’s dangerous, this class warfare."
So which is it, Mittens?

Monday, October 10, 2011

"Pitting of Americans Against Americans"

In his column from Friday, Paul Krugman discusses what I mentioned previously regarding the establishment media's reaction to Occupy Wall Street:
Nonetheless, Eric Cantor, the House majority leader, has denounced “mobs” and “the pitting of Americans against Americans.” The G.O.P. presidential candidates have weighed in, with Mitt Romney accusing the protesters of waging “class warfare,” while Herman Cain calls them “anti-American.” My favorite, however, is Senator Rand Paul, who for some reason worries that the protesters will start seizing iPads, because they believe rich people don’t deserve to have them. 
Michael Bloomberg, New York’s mayor and a financial-industry titan in his own right, was a bit more moderate, but still accused the protesters of trying to “take the jobs away from people working in this city,” a statement that bears no resemblance to the movement’s actual goals. 
And if you were listening to talking heads on CNBC, you learned that the protesters “let their freak flags fly,” and are “aligned with Lenin.”
I highly recommend this article by Kos for a definitive look at just how hypocritical and odious is Cantor's statement. The GOP makes its electoral living off of pitting Americans against Americans and obfuscating their common ties and values. But Krugman's takedown wouldn't be complete without an explanation of why everyone with a heavy pocketbook is rushing to do their best to marginalize this movement before it continues to spread:
What’s going on here? The answer, surely, is that Wall Street’s Masters of the Universe realize, deep down, how morally indefensible their position is. They’re not John Galt; they’re not even Steve Jobs. They’re people who got rich by peddling complex financial schemes that, far from delivering clear benefits to the American people, helped push us into a crisis whose aftereffects continue to blight the lives of tens of millions of their fellow citizens
[...] 
This special treatment can’t bear close scrutiny — and therefore, as they see it, there must be no close scrutiny. Anyone who points out the obvious, no matter how calmly and moderately, must be demonized and driven from the stage. In fact, the more reasonable and moderate a critic sounds, the more urgently he or she must be demonized, hence the frantic sliming of Elizabeth Warren. 
So who’s really being un-American here? Not the protesters, who are simply trying to get their voices heard. No, the real extremists here are America’s oligarchs, who want to suppress any criticism of the sources of their wealth.
The sad thing is that I suspect some of these assholes actually believe that the protesters are the problem here.

Banksters Bounce Back

Remember all the talk of a V-shaped recovery around in the summer of 2010? Some amongst us have had it. Spoiler alert - it wasn't the US economy at large:


The idiot talking heads on Fox and CNN and the other assholes that sneer at Occupy Wall Street are being purposefully obtuse. There is no other way to justify their stupidity other than willful ignorance. That and the fact that they have zero empathy whatsoever and are largely insulated from what the rest of the economy is experiencing. The banksters crashed the economy, they were bailed out with taxpayer money with no strings attached, they roared back to profitability and paid themselves billions of bonuses (some of whom continued to do so while still paying back TARP funds), and they have paid no price for their crimes whatsoever. But somehow all of this makes OWS a bunch of ill informed dirty hippies. 

You tell me who is ill informed and misguided - people finally waking up to the way in which Wall Street has ruined the US economy while paying no price and simultaneously maintaining its stranglehold on the halls of power, or the fuckwits in the media sneering and acting like nothing happened.

Friday, October 7, 2011

A Decade of War

Apparently today marks the tenth anniversary of our huge embarrassing failed war in Afghanistan.

Neat. Here's to ten more.

Stay Classy, Wingnuts

Apparently the Hitler meme was getting a little banal:


Fuck these people.

Thursday, October 6, 2011

Let It Burn

No, the Republicans do not have a jobs or economic platform, and the media and everyone else would do well to wake up to this reality. Their platform is to let people suffer and prolong our economic quagmire as long as possible. Deregulation and tax cuts for the wealthy are not an economic plan - they are rote, stale, and failed GOP dogma.

I Got Your Death Panel Right Here

With liberty and justice for all:
American militants like Anwar al-Awlaki are placed on a kill or capture list by a secretive panel of senior government officials, which then informs the president of its decisions . . . . There is no public record of the operations or decisions of the panel, which is a subset of the White House’s National Security Council . . . . Neither is there any law establishing its existence or setting out the rulesby which it is supposed to operate. . . . The role of the president in ordering or ratifying a decision to target a citizen is fuzzy. White House spokesman Tommy Vietor declined to discuss anything about the process. . . . 
Representative Dutch Ruppersberger, was asked by reporters about the killing. The process involves “going through the National Security Council, then it eventually goes to the president” . . . .Other officials said the role of the president in the process was murkier than what Ruppersberger described. They said targeting recommendations are drawn up by a committee of mid-level National Security Council and agency officials. Their recommendations are then sent to the panel of NSC “principals,” meaning Cabinet secretaries and intelligence unit chiefs, for approval . . . But one official said Obama would be notified of the principals’ decision. If he objected, the decision would be nullified, the official said.
Read the whole thing. Due process of the law is the latest casualty of our democracy in our frenetic obsession with the War on Terror and Absolute Safety.

Breaking: People Having Money = Economic Growth

No one could have predicted that income inequality stifles economic growth:
"Countries where income was more equally distributed tended to have longer growth spells," says economist Andrew Berg, whose study appears in the current issue of Finance & Development, the quarterly magazine of the International Monetary Fund. Comparing six major economic variables across the world's economies, Berg found that equality of incomes was the most important factor in preventing a major downturn. 
In their study, Berg and coauthor Jonathan Ostry were less interested in looking at how to spark economic growth than how to sustain it. "Getting growth going is not that difficult; it's keeping it going that is hard," Berg explains. For example, the bailouts and stimulus pulled the US economy out of recession but haven't been enough to fuel a steady recovery. Berg's research suggests that sky-high income inequality in the United States could be partly to blame. 
So how important is equality? According to the study, making an economy's income distribution 10 percent more equitable prolongs its typical growth spell by 50 percent.
Clearly what this study misses is that it has not taken a long enough view or a large enough sample set to account for the trickle down from the plutocrats. You just need to wait longer, you impatient anti-American, capitalist hating asshole.

Wednesday, October 5, 2011

RIP Steve Jobs

Despite his constant struggle with pancreatic cancer, it is still hard to believe that technology giant, founder of Apple Computer, and one of the most brilliant innovators of the modern age has passed away at the age of 56. 

I keep seeing links to YouTube videos of his commencement address at Stanford a few years back, and truer words have never been spoken:
Don’t lose faith. I’m convinced that the only thing that kept me going was that I loved what I did. You’ve got to find what you love, and that is as true for work as it is for your lovers. Your work is going to fill a large part of your life, and the only way to be truly satisfied is to do what you believe is great work, and the only way to do great work is to love what you do. If you haven’t found it yet, keep looking, and don’t settle. As with all matters of the heart, you’ll know when you find it, and like any great relationship it just gets better and better as the years roll on. So keep looking. Don’t settle. 
[...] 
Your time is limited, so don’t waste it living someone else’s life. Don’t be trapped by dogma, which is living with the results of other people’s thinking. Don’t let the noise of others’ opinions drown out your own inner voice, heart and intuition. They somehow already know what you truly want to become. Everything else is secondary.
Very inspirational. 

We Are the 99%

Almost a month ago, I wrote the following regarding the nascent protests on Wall Street:
There is a shortage of true populist protests and activism over what this country has endured at the hands of Wall Street and the way in which government has aided and abetted the banksters in shielding them from any accountability. Obama famously told top bankster CEOs that "I'm the only one standing in between you and the pitchforks." Well, we need to see more pitchforks. Sure people are pissed, but really only in rhetoric and not in action. 
At the time, I assumed (but certainly hope I would be wrong) that the protests would eventually become more than a fringe movement, and a much needed one at that. Needless to say I have been encouraged and elated to see that this has erupted into a nationwide protest over the grotesque income inequality and the economic and social injustice of both the financial crisis and the last three to four decades. 

There's a couple of general notes that I want to make about OWS. First off, it should come as no surprise that those among us with legitimate grievances against moneyed elites would be met with widespread derision and sneering by the very people (the media included) that benefit richly from the status quo. See this Glenn Greenwald piece for a definitive takedown of all the media outlets heaping contempt upon the unwashed masses. Or this one, where he covers the NYT's financial columnist's fealty to an anonymous "top bankster CEO," courageously investigating the OWS protests at his behest. I am sure the Fox News fair and balanced approach to these protests will surprise you very little. When the media isn't busy openly shitting on these folks for having the audacity to be pissed off about having their livelihoods vanquished by the financial crisis while the crooks that caused the same crisis got their asses saved by trillions in tax payer funded bailouts, they are waxing breathless about what is it exactly that OWS wants? They are a bunch of dirty hippies with an incoherent message! What are their demands?! They are irrelevant until they settle on a unified message! And when that isn't the prevailing themes, you have assholes like Mitt Romney calling the "class warfare" being waged by these protesters, "dangerous."

Does anyone recall the tea baggers being subjected to this sort of derision and scrutiny? Certainly they were widely mocked by people like myself and other progressive bloggers, but they were the absolute darlings of the establishment media. There was no chastising of the tea baggers for having a rambling or incoherent message. At its core, the very crux of the tea bagger message was inherently rambling and incoherent, but the establishment media got the vapors over these Very Serious real murkins WANTING THEIR COUNTRY BACK. Here you had a group of mostly educated, older, white dipshits caterwauling about the tyranny of the lowest federal tax burden since the Eisenhower era, a socialistic takeover of government healthcare that was laughably divorced from socialized healthcare or single payer systems, and their collective aversion to government fiscal profligacy despite eight years in which trillions of dollars were spent on tax cuts and foreign wars by the Bush administration, all of this newly and conveniently discovered after the election of a black Democrat. This is the group of people that the media venerated, treated Very Seriously, never questioning their message, their methods, or integrity despite an abiding number of reasons to do so. After all, they were just concerned citizens! A "wholly organic" grassroots movement that were sick of their government making them pay really low taxes and barring insurance companies from discriminating against pre-existing conditions, and trying to spend much needed tax dollars to pull the economy out of an immensely deep crater. They lavished praise and adulation on the group that hoisted grotesquely racist signs bearing all manner of epithets against our President, comparing him to Hitler, proclaiming that they came unarmed (this time), wearing tri-pointed hats adorned with tea bags, and packing pistols and AR-15s at their rallies. They even went so far as to gleefully use their brand to co-sponsor Republican presidential debates. I will let you tell me when you think you will see a CNN/MoveOn debate, a CNN/Daily Kos, or a CNN/Occupy Wall Street debate.

The Occupy Wall Street protests on the other hand? I've already detailed how they have been treated by the media and most of those otherwise unencumbered by petty things like foreclosed homes, unemployment, or the complete economic collapse of their household in general, so consider for a moment the difference between the claims of the tea baggers and those of OWS. Occupy Wall Street seeks to capture the long dormant populist outrage stirred up by decades of tax cuts for the wealthy and financial deregulation being sold to the masses as the panacea for economic prosperity for all, when in fact they have lead to income inequality the likes of which makes third world nations and banana republics blush, a financial crisis that has devastated the already embattled middle class while simultaneously adding millions to the rolls of foreclosures, unemployed, savaged retirement savings, flatlining and stagnant wages, and otherwise economically destitute or unstable. And none of this is conjecture, ideology, or exaggeration. These are facts. The supply side, plutocrat and bankster coddling, wealthy fellating policies of the last three decades have been absolutely devastating for the poor and middle classes, and the financial crisis, catalyzed by rampant fraud and speculation and money whoring on Wall Street, has only exacerbated and compounded the issue. These policies have been an absolute failure for this country. That is, unless you're in the top 1% that controls 40% of the nation's wealth. 

It will be very interesting to see where these protests go from here. I am hoping that they can avoid the same fate as the tea baggers by avoiding being co-opted into the larger party establishment that serves little other than the party's electoral interests. They need to maintain their populist autonomy and independence to truly thrive and have an impact. And they must continue to grow. I'll say it again: it's long overdue, and this is possibly the first opportunity in a long time for much needed progressive change, and a much needed national conversation about the values and policies that we have espoused in this country for so long, and what those policies have wrought for 99% of us.

Saturday, October 1, 2011

Move Your Money

The Move Your Money Project had a lot of high-level support in the wake of the financial crisis from progressives like Arianna Huffington and Bill Maher, but I have not heard it promoted very much ever since. But it bears mentioning once more, in light of the fact that Bank of America (along with other national banks) are planning on instituting monthly fees for use of your debit card:
Bank of America, the nation’s biggest bank, said on Thursday that it planned to start charging customers a $5 monthly fee when they used their debit cards for purchases. It was just one of several new charges expected to hit consumers as new regulations crimp banks’ profits. 
Wells Fargo and Chase are testing $3 monthly debit card fees. Regions Financial, based in Birmingham, Ala., plans to start charging a $4 fee next month, while SunTrust, another regional powerhouse, is charging a $5 fee. 
The round of new charges stems from a rule, which takes effect on Saturday, that limits the fees that banks can levy on merchants every time a consumer uses a debit card to make a purchase. The rule, known as the Durbin amendment, after its sponsor Senator Richard J. Durbin, is a crucial part of the Dodd-Frank financial overhaul law. 
Until now, the fees have been 44 cents a transaction, on average. The Federal Reserve in June agreed to cut the fees to a maximum of about 24 cents. While the fee amounts to pennies per swipe, it rapidly adds up across millions of transactions. The new limit is expected to cost the banks about $6.6 billion in revenue a year, beginning in 2012, according to Javelin Strategy and Research. That comes on top of another loss, of $5.6 billion, from new rules restricting overdraft fees, which went into effect in July 2010.
In other words, the banksters can never accept a lower profit margin on shuffling their money around in their giant casino and they want to continue paying themselves billions of dollars in bonuses to retain top talent to fuel their hooker and blow addictions and to make sure they have a bigger estate in the Hamptons than the assholes next door. So if you want to access your money, pay up, bitches.

I mean, if they accepted this egregious, socialistic government overreach that costs the industry $6 billion a year, little Bobby Bankster might only be able to get a Ferrari for his 16th birthday instead of that Aston Martin he had his eye on. These are the life-or-death issues at stake here.

So let's get going America - move your money today.

Anatomy of a Failed Media - Solyndra Edition

In case you haven't yet heard of Solyndra, the short version is that the wingnuts and the GOP have been nursing a collective giant boner over what is largely a contrived, overblown scandal filled with their favorite liberal boogeymen - government waste, government excess, and evil liberal non-petroleum based energy. Check out this LA Times article, linked to by Kevin Drum, for a muted but thorough background on the facts of the matter.

But on to more pressing matters. Just like any time the GOP trumps up some purely fanatical, bull shit "controversy" or "scandal," the stenographers in the evil liberal media rush to give it a leg up to avoid the appearance of bias. You know, the monkeys flinging poop at one another are talking about it, so we need to be doing the same:


And I won't include the cable news graph, because you don't need to look at that to know that Fox News has spent an inordinate amount of time flogging this scandal. While Media Matters compares this disproportionate coverage to the corruption at the Minerals Management Service (former name of the failed regulator that allowed awesome things like the BP Gulf oil spill to happen) and war contracting, it is worth mentioning that there are any number of exponentially more egregious crimes and abuses that have received very little outrage and even less coverage. What about the financial crisis? We had a group of asshole Republicans on the Financial Crisis Inquiry Commission who refused to even include the terms "Wall Street" or "deregulation" in their final report. You know, because poor people and minorities are what caused the biggest financial meltdown since the Great Depression.

I'll let you decide which is a more prominent case of the wholesale fucking of the American tax payer - trillions of dollars in tax payer funded bailouts to banksters (foreign and domestic) with no strings attached, who immediately returned to the same excess and same practices that lead to global economic armageddon, or a $528 million Department of Energy loan guarantee to a company that ended up getting undercut by a heavily subsidized Chinese market and subsequently went bankrupt. Neither are acceptable nor desirable, but again, which of these are worthy of our national media's golden retriever-like attention span (SQUIRREL!)?

And I'll reiterate for the millionth time - to date there have still been no high level indictments or convictions of high level banksters of financial sector executives despite reams of evidence of endemic fraud and consumer abuse.

Evil Kenyan Socialist First Lady Watch

Her latest transgressions include shopping at Target. I wish I were kidding.

Friday, September 30, 2011

It's the Weak Demand, Stupid

Paul Krugman debunks the conservative/teabagger red herring that CRUSHING REGULATIONS, "uncertainty," highest taxes ever, and President Obama's perpetual bruising of bankster and executive fee-fees are to blame for our faltering economy:
Listen to just about any speech by a Republican presidential hopeful, and you’ll hear assertions that the Obama administration is responsible for weak job growth. How so? The answer, repeated again and again, is that businesses are afraid to expand and create jobs because they fear costly regulations and higher taxes. Nor are politicians the only people saying this. Conservative economists repeat the claim in op-ed articles, and Federal Reserve officials repeat it to justify their opposition to even modest efforts to aid the economy. 
The first thing you need to know, then, is that there’s no evidence supporting this claim and a lot of evidence showing that it’s false. 
[...] 
Isn’t there something odd about the fact that businesses are making large profits and sitting on a lot of cash but aren’t spending that cash to expand capacity and employment? No. 
After all, why should businesses expand when they’re not using the capacity they already have? The bursting of the housing bubble and the overhang of household debt have left consumer spending depressed and many businesses with more capacity than they need and no reason to add more. Business investment always responds strongly to the state of the economy, and given how weak our economy remains you shouldn’t be surprised if investment remains low. If anything, business spending has been stronger than one might have predicted given slow growth and high unemployment. 
But aren’t business people complaining about the burden of taxes and regulations? Yes, but no more than usual. Mr. Mishel points out that the National Federation of Independent Business has been surveying small businesses for almost 40 years, asking them to name their most important problem. Taxes and regulations always rank high on the list, but what stands out now is a surge in the number of businesses citing poor sales — which strongly suggests that lack of demand, not fear of government, is holding business back.
Republicans and Very Serious People do not want to listen to this reality, but prefer to live in their own contrived Randian fantasy land, because subscribing to facts and reality would mean embracing a demand-side, Keynesian view of economic policy, which is inherently at odds with the snake oil that they traffic on a daily basis. And we all know that what really ails America is that corporations and banksters and plutocrats don't have enough free money.

Wednesday, September 28, 2011

More Tea Bagger/Christian Stupidity

Morans:
"The end of Don't Ask, Don't Tell is the signature achievement of our time," Ferguson told Obama and the crowd. 
At that point, a bearded man standing in the front row closest to the stage began shouting: "Christian God is the one and only true living God, the creator of Heaven and the Universe," according to White House pool coverage of the event. 
Someone then threw a jacket toward the stage. 
"Is that his jacket?" Obama quipped. 
The guy was still ranting while being carried out by Secret Service: "I love Jesus. Jesus Christ is God. Jesus Christ is the son of God." 
Obama stopped speaking briefly, smiling uncomfortably as the crowd booed loudly to drown him out. Eventually, police and Secret Service dragged the man through the crowd and out of the theater. 
[...] 
The man was still on his way out yelled one final epithet: "Jesus Christ is god, Barack Obama is the antichrist!"
I have no words. These people are just fucking stupid. And insane.

Sunday, September 25, 2011

Seriously, That's the Best You've Got?

Wanker in the NYT says that the Buffett Rule will adversely impact...municipal bonds. Really.

And of course he also pays homage to the threat of our plutocrat overlords going Galt if Obama is too mean to them. You know, because they might just pout and sit on the sidelines if they aren't allowed to have free money from their investments any longer while the rest of us soak up their tax liability. 

It's actually quite amusing to watch these idiots flailing to come up with a coherent argument against raising taxes on the wealthy. They look like a bunch of damned fools in the process. 

Or We Could Just Ban It

Once upon a time, the modern derivative/future/forward contract was born, and incredibly useful financial instrument that helps anyone from ordinary farmers protecting themselves against the risk of falling prices at harvest, to airline giants seeking to limit their exposure to ever-rising fuel prices. The forward was a prudent tool, whereby two parties entered into an financial exchange - one party essentially betting that the price of the commodity would rise, while the counterparty expecting that same price to fall. Historically, these contracts actually involved the physical transfer and delivery of the underlying asset. So when that farmer bought a forward contract to sell bushels of wheat at some specified price, the counterparty would actually buy those bushels of wheat from the farmer at the specified date, at the specified price.

But like everything in American and global finance, this has been turned into a giant fucking casino whereby it primarily serves the purpose of funneling around huge sums of money in search of short-term profits while doing very little to actually serve its original purpose. The farmers and Southwest Airlines of the world now make up a very small percentage of these forwards. This makes some people enormously wealthy, while passing on the costs of rampant speculation to the rest of us in the form of rising commodity prices, especially oil.

So here's an idea - how about an outright ban on speculative hedging? It's not like there aren't a million other ways for banksters and "job creators" to slosh around their casino funds. There is some work being done on this now both by the Dodd-Frank act and Sen. Ben Nelson, of all people, but you can guarantee that it won't go far enough or even make it out of the gate with the kind of money this makes. When up to 25% of the cost of a barrel of oil is estimated to be due to this excessive speculation, you would think that it would be a common sense policy to rein it in for the sake of the American economy. Rising oil prices are overwhelmingly detrimental to our consumption based economy. But it's big business for the banksters, so don't expect to see any common sense policy any time soon.

Friday, September 23, 2011

The Cuts Will Continue Until Markets Improve

The answer to all of this, of course, is more austerity. The Free Market Jebus is punishing us for insufficient fealty to his whims. We're going to shrink our way out of this recession!

Thursday, September 22, 2011

It Was a Ruse, You Big Dumb Idiot!

No one could have predicted that the faux controversy over the opening of a mosque in lower Manhattan was just a clever ruse to rile up the GOP's most reliable voting constituents in advance of the 2010 elections: the old, the uninformed, the white, and the racist. 

Never hear much about it any more do we? Funny how that works.

Stay Classy, GOP Voters

Ahh, GOP presidential debates: the gift that keeps on giving. First we had the audience cheering Gov. Rick Perry's record of executions - the most of any state in the nation. Even more than Dubya. Next came another audience cheering for an uninsured man to die. And now we have them booing a gay soldier:


These people are sociopaths. And what ever happened to the military being the best goddamn real murkins ever? I thought you couldn't say anything bad about the military otherwise Jesus killed a kitten, and if you question their infallibility and awesomeness, you are a terrorist and are going to hell. I guess that doesn't apply when it comes to homosexuals. Because you know, the GOP and its ignorant mouth breathing constituency hates them some gay.

Contrast their reaction with this recent clip from the Daily Show, the operative clip coming at 2:32:


I don't know how you can watch that and not be moved deeply on some level, but again, they are sociopaths. Fuck them. 

Wednesday, September 21, 2011

Troy Davis Executed

I have not really been writing about Troy Davis at any length simply because I have been more consumed with the number of economic and tax related news lately. There are number of other good writers who have covered this: see Digby and TNC to name a few.

Before I get to my point, Davis was executed by the state of Georgia this evening despite numerous recantations by corroborating witnesses from his original trial. Davis maintained his innocence up until the moment of his untimely execution. In the days leading up to his execution, there was a veritable torch-and-pitchfork crowd within the right wing media overtly cheering for his execution.

I have never really waded into the social politics of capital punishment, but viewing this unfortunate spectacle has changed that for me. The mere thought of rotting for years on death row, facing down execution for a crime I did not commit is enough to make me want to vomit, let alone imagining any of my friends or family in a similar situation. And that is not to say that I am convinced either way of Davis' innocence or guilt. But as I mentioned before, when several witnesses basically say their original testimony was garbage, it probably bears some serious thought as to whether or not we ought to put this man to death. That was tried in various forms all the way up to the Supreme Court, but being the death-loving, ever macho, dick swinging, executions-are-awesome culture that we are, was ultimately denied. Apparently "beyond a reasonable doubt" is just a flimsy term that we don't let impede the assuaging of our bloodlust. 

I think this shows that in some ways, humanity really hasn't come very far from the days of the Roman Empire. When faced with a man's questionable guilt, instead of taking every precaution to ensure we don't execute an innocent man, we rally the most depraved aspects of our national psyche, cheering for his demise like a bunch of drunken Romans watching  a couple of gladiators swinging axes at each other in the Coliseum. On a similar note, this was also on display at recent Republican debates when audiences cheered enthusiastically at Gov. Rick Perry's record on executions (the most of any governor) and Wolf Blitzer's question as whether a thirty year old, coma stricken, uninsured man should be left to die. This sort of display is disgusting, craven, and has no place in a civilized democracy. You might also say this is why the GOP came unglued at the mention of "empathy" during the Justice Sotomayor confirmation hearings. It's because they have none, and the very idea of it is repellent to them.

But as for the politics of the death penalty, I assume its proponents (especially on the right) use their favored "if you've done nothing wrong, you have nothing to fear" sham of a moral argument. This was popularized during the rise of the Patriot act and the War on Terror as Americans rightly expressed their objections and reservations to the government's ever expanding powers of surveillance over its own citizens. But tragedies like Troy Davis' executions are precisely why we should fear the government having this sort of power. Humans, and by extension their institutions, are inherently fallible. This isn't the first case of a potentially innocent man being put to death, and it won't be the last either.

On Defense Spending

Every time you hear a politician talk about cutting our ridiculously bloated, bigger-than-the-rest-of-the-world-combined defense budget, think of these words by Matthew Yglesias:
If you think about, say, Denmark there’s probably some level of concern there that al-Shabab will take over Somalia and create a congenial atmosphere for Islamist radicalism. Then there’s some secondary concern that some of this radicalism might lead to efforts to infiltrate Denmark and launch terrorist attacks in Copenhagen. The proposed remedies for this, however, are going to be general considerations about physical security in Denmark. The country needs effective policing and border security agencies, and it needs to be resilient in the face of the possibility that a bomb may go off somewhere someday without wrecking the country. 
[...] 
The reporters say the “rapid expansion” of these military efforts “is a reflection of the growing alarm with which U.S. officials view the activities of al-Qaeda affiliates in Yemen and Somalia.” No doubt it is that. But it’s also a reflection of a very grandiose conception of the appropriate role of the American military in the world. After all, a radical who’s in Yemen or Somalia is, by definition, not in the United States. It would be cheaper and easier to focus on making sure people can’t get from Yemen to Yuma or from Somalia to Sacramento than for us to go halfway around to try to kill them. But America’s strategic concept is basically that if there’s a problem anywhere in the world that could potentially be ameliorated by dropping American bombs, then we ought to drop the bombs. That strategy requires an extremely high level of defense expenditures. Bombs, planes, bases, “secret” airstrips, etc. are all expensive. To reduce military spending, we would need to adopt a more restrained view of the role of the American military. That hasn’t happened.
Defense spending is going no where, at least not in any meaningful capacity. Not until we discontinue our fetish for Endless Wars and piss pants reactions to anything that goes bump in the night and smells like a terrorist. And unfortunately for us, I don't see either of those things ever happening. 

The Fox News / GOP "Class Warfare" Canard

The political right is absolutely apoplectic right now with Obama's newly found populist stance on taxes and economic. It has been kind of fun watching them implode into a swirling morass of wails of class warfare. I've already written about how incredibly pathetic this talking point is, but I don't doubt that it won't be effective with the low information morons that watch the not-at-all-biased Fox News Channel to begin with. Nevertheless, Obama is not letting it go unanswered:
"This is not class warfare -- it's math," Mr. Obama said from the White House Rose Garden, addressing GOP critiques of his plan head on. 
"The money has to come from some place," he continued. "If we're not willing to ask those who've done extraordinarily well to help America close the deficit... the math says everybody else has to do a whole lot more, we've got to put the entire burden on the middle class and the poor." 
[...] 
"I reject the idea that asking a hedge fund manager to pay the same tax rate as a plumber or teacher is class warfare. I think it's just the right thing to do."
Yup. It's not class warfare, it's common fucking sense. At least it is in every other Western modern democracy, but we are a little behind the times with our social contract here in America. Newly minted Massachusetts Senate candidate Elizabeth Warren also did an excellent job today of taking down this wildly assbackwards falsehood:
“I hear all this, you know, ‘Well, this is class warfare, this is whatever,’” she said. “No. There is nobody in this country who got rich on his own. Nobody. 
“You built a factory out there? Good for you. But I want to be clear: you moved your goods to market on the roads the rest of us paid for; you hired workers the rest of us paid to educate; you were safe in your factory because of police forces and fire forces that the rest of us paid for. You didn’t have to worry that marauding bands would come and seize everything at your factory, and hire someone to protect against this, because of the work the rest of us did. 
“Now look, you built a factory and it turned into something terrific, or a great idea? God bless. Keep a big hunk of it. 
But part of the underlying social contract is you take a hunk of that and pay forward for the next kid who comes along.”
Expecting rich people to contribute back to the societies that have rewarded their success so richly? What a commie

More of this please. More of all of it. This is the grounds on which I want the 2012 election to be fought. It's a clash of ideals that overwhelmingly favor the Democrats.

First the American Jobs Act, Then the Buffett Rule

And now Campaign Obama fires another salvo with this:
Mr. Obama will call for $1.5 trillion in tax increases, primarily on the wealthy, through a combination of letting the Bush-era tax cuts expire, closing loopholes and limiting the amount that high earners can deduct. The proposal also includes $580 billion in adjustments to health and entitlement programs, including $248 billion to Medicare and $72 billion to Medicaid. Administration officials said that the Medicare cuts would not come from an increase in the Medicare eligibility age. 
Senior administration officials who briefed reporters on some of the details of Mr. Obama’s proposal said that the plan also counts a savings of $1.1 trillion from the ending of the American combat mission in Iraq and the withdrawal of American troops from Afghanistan. 
In laying out his proposal, aides said, Mr. Obama will expressly promise to veto any legislation that seeks to cut the deficit through spending cuts alone and does not include revenue increases in the form of tax increases on the wealthy. 
That veto threat will put the president on a direct collision course with the House speaker, John A. Boehner, who said last week that he would not support any legislation that included revenue increases in the form of higher taxes.
I must say, I much prefer this new found Obama persona. Let's hope he can sustain this not only through the election, but also into a potential second term. If he keeps this up, he will garner the support of independents and rally an extremely pissed off and exasperated base. 

Divorce It Like It's Hot

In Pat Robertson's defense, he is just advocating the standard Republican position when it comes to abandoning terminally or very seriously ill women in favor of hot, way younger, non-death bed ridden trophy wives. Mean Ol' Man McCain is a big fan.

Sheriff Joe: Racist Asshole

"Legitimate complaints" my ass:
Infamous Arizona Sheriff Joe Arpaio does -- which is why he announced a five-person "Cold Case Posse" that will delve into the issue of President Obama's birth certificate.
The posse follows a request by the Surprise, Arizona Tea Party, who Arpaio met with on August 17. The Surprise Tea Party believes that the long-form birth certificate released by President Obama in April -- which put the issue to rest for pretty much everyone -- could be a forgery. 
"The Surprise Tea Party is concerned," they wrote, "that no law enforcement agency or other duly constituted government agency has conducted an investigation into the Obama birth certificate to determine if it is in fact an authentic copy of 1961 birth records on file for Barack Obama at the Hawaii Department of Health in Honolulu, or whether it, or they are forgeries." 
[...] 
"This investigation does not involve politics," Arpaio told WND. "I listen to all the residents of Maricopa County who come to my office with complaints, regardless what their politics are. 
"My door is open to everyone, and I don't kick them out. If a complaint is legitimate, I don't dump it into the wastebasket," he continued. "When I get allegations brought to me by the citizens of Maricopa County, I look into the allegations, just like I am doing here."
Uh-huh. So if myself and a bunch of other ignorant mouth breather types demand that Sheriff Joe investigate Gov. Jan Brewer's and the private prison industry's suspicious connection to the drafting and passage of immigration bill SB1070, I am sure he will jump right on it, because after all, this is not about politics! His door is open and actions will be taken if a complaint is legitimate!

Fuck this guy and the people who keep putting him into office. He is a disgrace, a complete failure at his job, and uses his office and badge for little more than to wage political wars against brown people and anyone else he deems an enemy. 

Sunday, September 18, 2011

Former Google CEO Eric Schmidt: Evil Socialist

You can now add Eric Schmidt to the Right's growing list of wildly successful capitalists Unserious evil dirty socialist scum: 
But the current strategy is ludicrous. You have a situtation where the private sector sees essentially no growth in demand. The classic solution is to have the government step in, and with short-term initiatives help stimulate that demand. If they do it right, they'll invest in income and growth producing things, like highways and bridges and schools. 
[...] 
Business can create enormous numbers of new jobs in America. All we need to see is more demand. What's happening right now is: Businesses are very well-run, they have a lot of cash. They're waiting for more demand. At the moment, business efficiency allows them to grow at 1 or 2 percent, which is what we're seeing today. They don't have to hire more people. And until we solve the problem, people are going to sit idle. And it's a real tragedy.
Other recent and prominent additions to this list include Warren Buffet, for his audacity to point out the fact that the mega rich pay absurdly low, regressive levels of taxes.

Random Thought

Is there any reason why they decided to tuck Campaign Obama away for the last two years, and only bring him out again now that the GOP has spent the last two years telling Governance Obama and the country to go fuck themselves? I understand you can't constantly be in campaign mode, but its obvious which of the two personas the public prefers. They also do not need to be mutually exclusive; in most cases Campaign Obama would lead to much better politics and policy outcomes than what Governance Obama has achieved. 

And if he wins a second term, he better disabuse himself of the notion that Americans want to see a repeat performance of him as the reasonable guy in the room.

Occupy Wall Street

More of this please.

There is a shortage of true populist protests and activism over what this country has endured at the hands of Wall Street and the way in which government has aided and abetted the banksters in shielding them from any accountability. Obama famously told top bankster CEOs that "I'm the only one standing in between you and the pitchforks." Well, we need to see more pitchforks. Sure people are pissed, but really only in rhetoric and not in action. 

And the Misinformation Begins

Paul Ryan is on the Sunday shows today, vomiting up the entirely predictable GOP tax cut talking point dreck that I alluded to yesterday:
RYAN: It adds further instability to our system — more uncertainty — and it punishes job creation and those people who create jobs. Class warfare, Chris, may make for really good politics but it makes for rotten economics. We don’t need to divide people and prey on people’s fear and envy and anxiety. We need to remove the barriers so entrepreneurs can hire people. These tax increases don’t work.  
[...] 
This is a double tax… If we tax investment and tax more you will get less of it. It looks like to me not a very good sign. It looks like the President wants to move down the class warfare path. Class warfare will simply divide this country more, will attack job creators, divide people, and it doesn’t grow the economy.
He hits them all - the dreaded uncertainty canard, the delicate sensibilities and fee-fees of our "job creators," the reverse class warfare, and suppressing the investment that hasn't materialized despite more than a decade of record low taxes on the rich. Also, where are the jobs we were promised from the Bush tax cuts, Mr. Ryan?

As ThinkProgress notes, Ryan is also in favor of letting the current payroll tax cut expire. Ryan and his cronies in the GOP love this idea because it is overwhelmingly punitive to the poor and middle class. The payroll tax is only levied against the first $100K or so of gross incomes. In other words, it is levied against pretty much the entirety of poor or middle class incomes, while affecting a very small portion of the incomes of the affluent. But this is a feature, not a bug, of the Republican platform. Remember, the problem with America is that the poor don't have any skin in the game, or in most cases, still have some skin left at all. 

The way the GOP wields the 'class warfare' cudgel as a talking point is so inept and bereft of any facts or merit that it really behooves the Democrats to seize on this and use it to their advantage. Sure, pitting one economic strata against the other is by definition class warfare, but that is why context is everything. If we were talking a 50/50 split or even a 60/40 split, then Ryan's vapid statements might make some sense. But we are literally talking against the top 2-10% versus the lower 90-98% of the country. When Democratic politicians and the lower 90-98% ask that a fraction of the country as small as 2-10% (the very same group, mind you, that claims to love America and its freedoms more than anything, except when it comes to actually giving back to the nation that has afforded them such lavish wealth) pay more in taxes during a period of the lowest taxation since the 1950s, its laughably stupid to term that as class warfare. It's simply economic and social justice, both of which are abhorrent and repellent to the modern GOP.

Saturday, September 17, 2011

Our Economic Broken Record - Republicans Oppose Everything

This wasn't totally predictable or anything:
In a Friday memo to all House Republicans, GOP leaders came out against nearly all the major proposals in Obama's $447 billion job-creation plan, including his middle-class tax cuts and his approach to federal spending on transportation and school construction. 
The Republican leaders said cutting payroll taxes through 2012 would lead to a tax increase in 2013 -- an argument that didn't deter Republicans from a much bigger, 10-year tax cut in 2001 that was extended last December but is set to expire on Dec. 31, 2012. 
"There may be significant unforeseen downsides to large temporary tax cuts immediately followed by large tax increases," they wrote in their memo. "We are creating significant new uncertainty in an already uncertain economy."
This is just fucking crazy. They are now actually arguing that we can't cut taxes now, because when they return to their original level at a later date, that would be a tax increase. Am I the only one that sees the abject lunacy and idiocy in this argument? This is really what one of our major political parties now uses to justify its infantile bull shit?  And as many people have already noted - Republicans have finally found a tax cut that they don't like. Why? Because the payroll tax overwhelmingly benefits the wrong kind of people - poor and middle class citizens. If we were proposing a 200% tax increase on the working poor while abolishing capital gains and the top marginal tax rate, you know they'd be on board. They did vote for the Ryan plan after all. 

Anyone that has paid even one ounce of attention to politics for the last two and a half years know that the Republicans will never support anything the President proposes. So I will admit that while the American Jobs Act is long overdue and a much needed economic stimulus, I have never really seen its path through Congress. Sure the President wants us to call our congressmen and women, even the asshole Republican ones, but does anyone honestly believe that Democratic constituents calling Republican representatives and senators is going to make them shift from them their putrid ideological entrenchment? 

I think really the most likely scenario is that the economy is going to continue to suck tremendously well into the 2012 election season, thereby endangering Obama's re-election. We will get some sort of movement on economic stimulus between now and then, but it will be purposefully hamstrung by the Republicans who will ensure that it is a series of half measures or contains a bunch of their bull shit ideological sacred cows that will do nothing to stimulate the economy. The President's only chance between now and then will to be continue to bring Campaign Obama both to the American public and to his style of governance. If you can't get anything through Congress, then the one thing you can do is present an unmistakably stark contrast between the two parties values and ideas on how to rebuild a broken America. That started with the roll out of the American Jobs Act, and it continues with this:
President Obama on Monday will call for a new minimum tax rate for individuals making more than $1 million a year to ensure that they pay at least the same percentage of their earnings as middle-income taxpayers, according to administration officials. 
With a special joint Congressional committee starting work to reach a bipartisan budget deal by late November, the proposal adds a new and populist feature to Mr. Obama’s effort to raise the political pressure on Republicans to agree to higher revenues from the wealthy in return for Democrats’ support of future cuts from Medicare and Medicaid. 
Mr. Obama, in a bit of political salesmanship, will call his proposal the “Buffett Rule,” in a reference to Warren E. Buffett, the billionaire investor who has complained repeatedly that the richest Americans generally pay a smaller share of their income in federal taxes than do middle-income workers, because investment gains are taxed at a lower rate than wages. 
Mr. Obama will not specify a rate or other details, and it is unclear how much revenue his plan would raise. But his idea of a millionaires’ minimum tax will be prominent in the broad plan for long-term deficit reduction that he will outline at the White House on Monday.
Republicans will never in a million years support a tax increase of any kind, especially not one on millionaires, or the "job  creators" as they are known among the mouth breathers. The problem that faces the Republicans is that a millionaire's tax is overwhelmingly popular with the public. They can spew all the bull shit they want, but the fact of the matter is that the public intuitively understands that there is a infinitesimally small slice of the population that controls pretty much all the wealth in this country, and they pay an absolute pittance in income taxes. As the NYT piece says, this tax would hit about three-tenths of one percent of tax payers. It doesn't matter how the GOP and Fox News try to spin it, with all the caterwauling about job killing tax increases or the delicate fee-fees of our job creating plutocrat overlords, the public is just not going to care when you're talking about hitting such a small portion of the tax base with this increase. It's good policy, and even better politics. 

Again, the Buffett Rule faces an even steeper uphill climb in Congress than does the American Jobs Act. But these are the sort of populist positions that Obama should have been taking long ago, since January 2009 on his first day in office. The public saw far too much of Obama as the most reasonable guy in the room. Maybe it's finally catching on that when you're in a room full of unhinged lunatics that want to savage the founding principles of this country and hand it over to rule by corporations and plutocrats, being the most reasonable guy doesn't count for much. Americans want someone on their side, and Obama appears to be finally understanding that.

And The Clean Water Act Is Killing Exxon Mobil

It's not exactly a stretch to note ad nauseum that Michelle Bachmann is big dumb idiot, but in cases like these, it's more important to remember that a large number of people (almost half of the country if you go by party split in presidential elections) accept her statements at face value and in some cases, actually believe them.

Freedom of Coercing Small Children to Work for Shit Wages

Media Matters is on a roll lately, or maybe it's just the stupid people that feed them their material. At any rate, since the Republicans and Tea Baggers are such huge fans of third world policies and third world standards of living, I for one welcome them to just shut the fuck up and collectively move themselves to a true third world nation (remember, we're only aspiring to be one at this point) and see how much they love the awesomeness and freedom and stuff.

And for all you "But Fox is fair and balanced!" types, I think it's just adorable how they are barnstorming  wall-to-wall coverage of the exact same agenda that Republicans in Congress settled on coming out of the August recess.

Friday, September 16, 2011

Time For Obesity, Early Onset Diabetes Protests

It's my inalienable, Jebus given right to be a slovenly fat ass! Keep Michelle Obama's Kenyan socialism out of my bucket of KFC...that happens to be sitting on the other side of the room, that I can't reach, and I'm too fat to walk over there to get it, so I'll just wallow for a while because Medicare hasn't yet approved my claim for a Rascal from the Scooter Store.

Thursday, September 15, 2011

This Is Why We Can't Have Nice Things

Heckuva job, Democrats:
“I think the American people are very skeptical of big pieces of legislation,” Senator Bob Casey, a Democrat from Pennsylvania, said in an interview Wednesday, joining a growing chorus of Democrats who prefer an à la carte version of the bill despite White House resistance to that approach. “For that reason alone I think we should break it up.”
[...]
But Democrats, as is their wont, are divided over their objections, which stem from Mr. Obama’s sinking popularity in polls, parochial concerns and the party’s chronic inability to unite around a legislative initiative, even in the face of Republican opposition.
Some are unhappy about the specific types of companies, particularly the oil industry, that would lose tax benefits. “I have said for months that I am not supporting a repeal of tax cuts for the oil industry unless there are other industries that contribute,” said Senator Mary L. Landrieu of Louisiana.
A small but vocal group dislikes the payroll tax cuts for employees and small businesses. “I have been very unequivocal,” said Representative Peter A. DeFazio, a Democrat from Oregon. “No more tax cuts.”
I suppose it would be too much to ask for these prima donnas to just shut up and support the President's agenda for a change. That is what political parties do when they want to get something done. Just look at what the Republicans did with the Paul Ryan plan. They mainstreamed making Medicare into a voucher program while cutting trillions in taxes for the uber wealthy and whipped their entire caucus behind it in both houses of Congress despite it being terrible politics, policy, and overwhelmingly unpopular with the public. And the President can't even get his own party to shut up and unify behind a much needed economic plan in the middle of a flagging economy and 9% unemployment. In an election year.

Ostensibly, a number of the Democrats cited in the NYT piece oppose the American Jobs Act as a paltry attempt to burnish their conservative bona fides. I'm not quite sure what it will take these people to realize that having a 'D' next to their name ensures they will get pasted in any election in a conservative district or state. Just look at 2010 - the largest swath of Democrats that got ousted from the House were Blue Dogs. It's not terribly difficult to comprehend when the Right spends all of its time reading Ann Coulter books and listening to people on Fox News breathing fire about how Democrats are evil and treasonous and hate America and want to kill your children in their sleep. They hate you because you are a Democrat. It's very simple. 

In other words - shut the fuck up and support the President's long overdue jobs agenda already. The opposition party just introduced an identically titled bill that seeks to eliminate corporate taxation in its entirety. As a "jobs" bill. These are the people you're dealing with. These are the people you are implicitly supporting by whining about how Obama is mean or how his bill isn't what you'd like it to be. And they will be coming after your seat in 2012 regardless of how you act or vote. So despite whatever ill founded and delicate political misgivings you may have, Mr. & Mrs. Conservative Democrat, it's time to get on the right side of this issue. 

Thanks Captain Hindsight!

South Park:


The Washington Post:
A 16-month federal investigation has concluded that BP’s efforts to limit costs on its mile-deep Macondo well in the Gulf of Mexico contributed to the blowout last year that killed 11 workers, sank the Deepwater Horizon drilling rig and created the largest oil spill in U.S. history.
The long-awaited report by the Bureau of Ocean Energy Management, Regulation and Enforcement catalogues dozens of mistakes, misapprehensions, risky decisions and failures of communication that led to the blowout and the 87-day spill that spewed nearly 5 million barrels of oil into the gulf.
Right. I understand a formal investigation was necessary, but it wasn't like these things weren't blatantly obvious on the first day after the spill.

Republicans Hate Ponzi Schemes!

Via Greg Sargent, Bloomberg brings us a poll that shows - surprise! - the Republican base is a bunch of ignorant morons:
The most publicized campaign issue focusing on Perry -- his characterization of Social Security as a “Ponzi Scheme” -- has Americans divided. Among all respondents, 46 percent said they agree with the remark, while 50 percent said they disagree.
Among Republicans, 65 percent agree with Perry’s statements about Social Security, while 33 percent disagree.
So a significant majority of morons Republicans polled think that Social Security is akin to a criminal investment scheme whereby large sums of money are taken in by an individual, never invested as promised, and then that same individual runs away with the investor money. Mmm-hmm. Sounds just like  Social Security. Not that I would expect Republicans to know any better. I'm sure they were too busy watching Fox News screech about Michelle Obama's war on school lunches to be bothered to know about a very recent example of a Ponzi scheme in the form of Bernie Madoff.

But since Republicans can't ever be bothered with elitist things like "facts," let's just skip ahead to solving the problem. Since the Republican base is too goddamned stupid to know the difference between Social Security and a Ponzi scheme and that Rick Perry is a lying asshole and spewing misinformation to justify his extremist, ideologically driven goal to dismantle America's already inept social safety net, how about they "fix" the program by volunteering to no longer receive any benefits from it?

Oh what's that? They don't want to? Yeah, figured as much.

Wednesday, September 14, 2011

Fox's Idea of Onerous/Job Killing Regulations

Maybe we would have more jobs only if corporations had the freedom to discriminate against people for race, color, religion, sex, national origin, disabilities, and age. THANKS A LOT OBAMA!


Goddamn job killing regulations! We gotta get the fedrul gubmint outta the way so the private market can overcome this socialist Kenyan asshole's tyranny!

I can't wrap my head around the fact that people actually believe this shit.

Here He Is, The Biggest Douche in the Universe

Dick Cheney.

America's Lost Decade

Not good:
Another 2.6 million people slipped into poverty in the United States last year, the Census Bureau reported Tuesday, and the number of Americans living below the official poverty line, 46.2 million people, was the highest number in the 52 years the bureau has been publishing figures on it.And in new signs of distress among the middle class, median household incomes fell last year to levels last seen in 1997.Economists pointed to a telling statistic: It was the first time since the Great Depression that median household income, adjusted for inflation, had not risen over such a long period, said Lawrence Katz, an economics professor at Harvard.“This is truly a lost decade,” Mr. Katz said. “We think of America as a place where every generation is doing better, but we’re looking at a period when the median family is in worse shape than it was in the late 1990s.”The bureau’s findings were worse than many economists expected, and brought into sharp relief the toll the past decade — including the painful declines of the financial crisis and recession —had taken on Americans at the middle and lower parts of the income ladder. It is also fresh evidence that the disappointing economic recovery has done nothing for the country’s poorest citizens.
And this while congressional Republicans continues to plot how best to fuck over the economy in order to wound President Obama, while continuing their slobbery fealty to their corporate and wealthy masters. In any normal, moral, or sane democracy, these numbers would be treated as gravely as their substance dictates. Elected officials and those in a position of power to do something about it would be rightfully concerned. But not in America. We have an entire political party and their not-at-all-biased corporate propaganda mouthpiece wholly devoted to marginalizing grim reports like this and trying to entrench the perverse idea that the poor are a bunch of whiny, freeloading, lazy fucks who aren't really poor because they have Xbox 360s. I wish I were kidding. And graphs like these are just the best:


Who the fuck cares that they can't afford healthcare, education? They have coffee makers goddammit, and in some cases, more than one DVD player. And Obama wages class warfare because he doesn't think that corporate jet owners should get a tax break.

These people are sick, and it's well past time that their low information base wakes up and tosses them out of office. And while we're talking about sane, moral, normal democracies, I might add that we would  also have a party beating this point to a bloody pulp on a daily basis, unafraid of being labeled as fighting class warfare, and unafraid of being outspent (or not receiving any) in an election by corporate money, and unafraid if fighting these bastards cost them their job. The facts are there, and they are indisputable. Our pathetic center right policies are not advancing the American Dream, but are in fact destroying it. It's well past time that somebody puts up a real fight to reverse this disgusting trend. 

Tuesday, September 13, 2011

Terrorist Until Proven Innocent

This is exactly the kind of shit that I was talking about in my post about the shameful legacy of our piss pants reaction to 9/11. 

And note how blithely the FBI spokesperson states that the public prefers that they overreact rather than under react. Personally, I would rather prefer they act with a modicum of sanity and not use heavily armed SWAT teams to drag innocent citizens off of an airplane for no reason other than they are brown. And let's be honest with ourselves - that is exactly what happened here.

The Onion, excellent as usual, nails it here.

Your Modern GOP: Rooting for America's Failure Since 2008

A few days ago, I said the following in response to to Obama's laughably naive presumption that there might be any, even a single Republican that might put their country before electoral politics:
With all due respect: Wake the fuck up, Mr. President.
It doesn't take a political scientist to predict these things:
House Republicans may pass bits and pieces of President Barack Obama’s jobs plan, but behind the scenes, some Republicans are becoming worried about giving Obama any victories — even on issues the GOP has supported in the past.
And despite public declarations about finding common ground with Obama, some Republicans are privately grumbling that their leaders are being too accommodating with the president.
“Obama is on the ropes; why do we appear ready to hand him a win?” said one senior House Republican aide who requested anonymity to discuss the matter freely. “I just don’t want to co-own the economy by having to tout that we passed a jobs bill that won’t work or at least won’t do enough.”
This should be the top story on every major newspaper, cable network, and radio broadcast. These assholes would much rather just let the country suffer and wallow through the Lesser Depression than do anything to improve our economic malaise because...it might help Obama. 

The President and Congressional Dems need to disavow themselves of any further bull shit ideals of bipartisanship and compromise. The GOP doesn't want it. They want nothing to do with any policy that would actually help the economy or unemployment, because they view these things as mutually exclusive to their electoral success. 

It doesn't get much more fucked up and cynical than this. These people can not be allowed to make any sort of significant gains in 2012. Ezra Klein has a piece up today that basically posits that the American public is so stupid and ill informed that they will believe that any potential future Republican acts of government that have nothing to do with the economy or unemployment, such as repealing the Affordable Care Act or rolling back EPA regulations, will be credited for any recovery beyond 2012.

And sadly, he’s right. Which makes it imperative that a Republican does not sit in the White House come January 2013. The last thing this country needs, the last thing this country can afford is to have the failed militant conservative ideology validated by a GOP huckster taking credit for a recovery they wanted nothing to do with and actively sought to prevent.