Aug 102011
 

Yesterday I did my housework chores and installed a new plugin here called sendlove.to.  It recognizes famous people in my articles and gives you an opportunity to vote them up or down on a national network and to make comments about them in addition to the comments here.  To see it in action open the comments in any article.  I found a bug early this morning.  It interfered with our nested indents.  I’ll report it.  I am current on replies, but exhausted from missing sleep to track Wisconsin.  Tomorrow, I’m hiding.

Jig Zone Puzzle:

Today it took me 3:18 (average 4:54).  To do it, click here.  How did you do?

Short Takes:

From TPM: An offshoot of the South Florida Tea Party called "Tea Party In Space" is looking to break apart the government’s socialist takeover of the final frontier.

Andrew L. Gasser launched Tea Party In Space [InsaniTEA delinked] in June as a way to "bring fiscal responsibility" into the space program, he told TPM Tuesday. He called the group, which was formed in conjunction with the South Florida Tea Party, the first "issue-specific" tea party in the country.

In matters pertaining to outer space and space cadets, Teabaggers may have a natural advantage.

From Think Progress: Tom Delay Wants a Government Shut Down Next Month

 

Doing too much harm is never enough for them.

From Reuters: A U.S. regulator sued Goldman Sachs Group Inc (GS.N), accusing the bank of violating federal and state law by selling risky mortgage-backed securities to two credit unions that later failed.

The National Credit Union Administration is seeking more than $491 million of damages related to the sale of about $1.18 billion of securities, according to the agency and its lawsuit filed Tuesday in the U.S. district court in Los Angeles.

Keep those lawsuits coming!

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Aug 092011
 

Wall Street had a terrible day.  Stocks were off over six percent, giving the S&P 500 the worst day since December 2008, and pushing the price of gold over $1,700 per ounce.  Republicans are blaming Obama, for the mess they caused.  Treasuries are not weak.  The market fled to them as a safe haven.  What crashed the market is that the S&P downgrade brought it to international notice that the Republican Party is tanking our economy for political gain.  Let’s go ever what happened and how in more detail.

9marketInvestors piled out of stocks and into a few "safe havens," such as gold and Treasury bonds. The appetite for Treasury bonds suggests that the Standard & Poor’s downgrade has not shaken investors’ faith in U.S. bonds.

Market experts said the Monday sell-off was sparked by the S&P announcement but was motivated more by growing concerns about the weakness of the global economy.

"It’s really all about economics," said Mike Norman, the chief financial strategist at John Thomas Financial.

The Dow ended the day down 634.76 points, or 5.5%, to 10,809.85. The broader Standard & Poor’s 500 index fell even more sharply, finishing the day down 79.83 points, or 6.6%, to 1,119.55…

Inserted from <LA Times>

The Banksters’ explanation is all wet.  The world economy is nothing new.  That has been factored into the market for weeks.  What is new is the stark realization that the Republican Party really would destroy the world economy, if they can profit politically.  Informed that they were at fault, Republicans actually cheered the news.

Rachel Maddow fills in the blanks and explains how Republicans caused the crash.

Visit msnbc.com for breaking news, world news, and news about the economy

The Republican response is to double down on their intransigence.

GOP-no2Will S&P’s controversial decision to downgrade the country’s bond rating — and its explicit citation of GOP intransigence on tax revenue — be enough to break the Republicans’ broad opposition to tax increases in future deficit reduction legislation?

Not if House Majority Leader Eric Cantor (R-VA) can help it.

In a Monday memo to the House GOP caucus, he candidly acknowledged that S&P faulted the party’s unyielding stance on tax revenues for the downgrade. But he encourages members not to erase this bright line… [emphasis added]

Inserted from <TPM>

Finally, as SoINeedAName reminded us in a comment yesterday, Standard & Poors made the reason crystal clear.

We have changed our assumption on this because the majority of Republicans in Congress continue to resist any measure that would raise revenues….

If you live in Wisconsin

VOTE!

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Aug 092011
 

The market’s response to the Republican crisis, brought on by blackmail, has increased the pressure on the pre-existent Super Committee to reach a deal on the budget.  Depending on whether Reid appoints Democrats or DINOs, I see impasse as the best possible result, because you can be sure that the Republican six will all goose-step with draconian precision.

9supercomThe downgrade of the United States government’s credit rating by Standard & Poor’s is almost sure to increase pressure on a new Congressional “supercommittee” to mute ideological disagreements and recommend a package of deficit-reduction measures far exceeding its original goal of at least $1.5 trillion, lawmakers said Sunday.

Even before the panel is appointed, its mission is expanding. Its role is not just to cut the annual budget deficit and slow the explosive growth of federal debt but also to appease the markets and help restore the United States’ top credit rating of AAA. Otherwise, taxpayers may eventually have to pay more in interest for every dollar borrowed by the Treasury.

The report certainly got the attention of Capitol Hill. “I think this is one of the most telling, important moments in our country’s history right now,” Senator John Kerry, Democrat of Massachusetts, said Sunday on the NBC program “Meet the Press.” He added: “This poses a set of choices not just about a recession. It’s about a financial crisis and the structure of our economy, which really has been misallocating capital.”

In the S.&P. report on Friday outlining the reasons for removing long-term Treasury debt from its list of nearly risk-free investments, the company cited doubts about the ability of the two political parties to bridge their gulf on fiscal policy.

Inserted from <NY Times>

The problem, of course, is that only one side has been completely unwilling to negotiate, and there is no indication that will change.

Lawrence O’Donnell discusses the Super Committee with Rep. Jan Schakowsky (D-IL).

Visit msnbc.com for breaking news, world news, and news about the economy

She is spot on.  The third way, creating jobs to increase the revenue coming in is the best way to decrease the deficit, but I see no chance of passage for her bill.  Creating jobs to decrease the deficit is the last thing Republicans want.  In their view, for the economy to increase Americans’ suffering, increases their chances to regain power and do for America what they have done for Wisconsin.

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Aug 092011
 

Last weekend, Rick Perry and his followers of Republican Supply-side Jesus (not the real one), whipped their audience of 30,000 into a frenzy of hatred for everyone who disagrees with their extreme dogma.  Embarrassingly, the stadium was less than half full, despite numerous plugs from the Republican Ministry of propaganda, aka Fox.  At the same time, there was another rally of sorts just a few miles away with over three times as many attendees.  Ironically, the people attending that one were victims of Rick Perry and and the Republican Party.

9rallyHouston’s biggest gathering on Saturday didn’t see national television news crews. It didn’t draw out protestors. It didn’t spark its own Twitter handle. And the event — which attracted an estimated 100,0000 people to a convention center just seven miles down the road from Gov. Rick Perry (R) and The Response prayer rally — had nothing to do with religion and everything to do with Texas families struggling through hard economic times:

Some families camped out for hours to gain admittance into Houston’s first-ever, citywide back-to-school event at George R. Brown Convention Center, where free backpacks, school supplies, uniforms, haircut vouchers, immunizations, and fresh produce were provided.

Others were turned away.

“It was getting beyond capacity,” [Houstan Independent School District] spokesman Jason Spencer said. “If nothing else, it shows the need.”

In 2009, more than one-fifth of Houston-area residents lived below the poverty level, 3 percentage points higher than the state average. Given the scope of the need, the HISD event provided more than just school supplies; the City of Houston donated 20,000 boxed lunches, and the local Food Bank gave 25,000 three-pound bags of food… [emphasis original]

From <Think Progress>

The meaning is clear.  Because of Perry’s Republican policies, Houston residents found getting just tiny bit of help far more valuable than listening to hate, lies, and bigotry from the people who put them in need.

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Aug 092011
 

Yesterday I caught up on some much needed sleep, scheduled medical appointments, and did housework.  I slept through most of my early research time slot, so I’m running a bit behind this evening, but I am current with replies.  On today’s schedule, I have paperwork, and a discussion with a software developer about a pre-release plugin for the blog.

Jig Zone Puzzle:

Today it took me 2:56 (average 4:43).  To do it, click here.  How did you do?

Short Takes:

From Think Progress: On July 11, Melissa Jordan called 911 saying her husband — state Sen. Kris Jordan (R-OH) — was pushing her around and throwing things. Sen. Jordan was quick to trivialize his wife’s complaint and throw the blame on her, explaining “She got a little upset. Girls do that.

This is a perfect example of how Republican’s view women.

From Washington Post: Texas Gov. Rick Perry (R) is expected to announce his presidential plans shortly after the Ames Straw Poll this coming weekend, and his supporters are already soliciting contributions for the campaign, according to an e-mail from a Perry supporter.

I think he’ll beat Mitt.

From Ground Report: This week, Koch funded tea bagger organizations rode into Wisconsin on the Tea Party Express III bus. Tea Party Nation founder Judson Phillips, writing on his website and speaking at tea bagger rallies, compared the grassroots citizens of Wisconsin that protested Governor Scott Walker’s union busting and educations slashing bills to Nazi “brownshirts”  and “storm troopers”.  In an article published this weekend, Mother Jones points out that another group on the Tea Bagger Express III tour, Patriot Action Network, called Wisconsin’s Service Employees International Union “Obama’s brownshirts”.

This bizzarre comparison between nurses and teachers that are peacefully protesting and fascist blackshirts and brownshirts has always been confusing to an English/History major like myself. The fact is, Nazism and Fascism are right-wing ideologies that have openly attacked socialists, unionists, and liberals. Much like the tea baggers that rode into Wisconsin this week on their brown bus. [emphasis added]

I guess Republicans can’t find enough local wing-nuts in Wisconsin to meet their needs.

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Aug 082011
 

Republicans drove this country to the brink of default, causing a downgrade of our S&P credit rating, because they refused to consider revenue increases as part of a deal with Democrats.  However, they don’t like the way S&P singled them out, and the like even less they way polls reflect that voters hold them responsible for it.  So to distance themselves from that culpability, Paul Ryan (R-WI) has claimed that Republicans are now willing to consider revenue increases. Does this mean that Republicans might actually consider asking the rich to pay a penny more?  Reading between the lines of Ryan’s statement, it seems clear to me that the only thing that has changed is rhetoric.

8RyanHatHouse Budget Chairman Paul Ryan (R-WI) said he is open to revenue increases as part of a deal to reduce the deficit today, seemingly shifting positions from the hardline opposition his party has maintained against revenue growth. Ryan said on Fox News Sunday that he would be open to a deal that containes [sic] $3 or $4 in spending cuts for every $1 in revenue increases if it came through a major reform of the tax code and was large enough. Host Chris Wallace asked if Ryan would be open such hypothetical deal if he were sitting on the joint super committee created by the deal to raise the debt ceiling. Ryan responded, “yes”…

…Watch it:

 

This willingness to consider revenue increases appears to be a significant shift in position for Ryan and the GOP, who have previously insisted that any tax reform be “revenue neutral,” i.e. offset every dollar in revenue increases with cuts to tax rates, ensuring no extra money flows into the Treasury.

Inserted from <Think Progress>

Here’s what gives him away.  When Republicans talk about a major reform of the tax code, they mean raising taxes on the poor and middle classes, while lowering taxes on millionaires, billionaires and corporate criminals.  Also, when Ryan said “convincingly restructuring these entitlement programs” he means exactly what his budget already proposed to do: privatize Social Security, replace the care Medicare offers with a coupon, and turn Medicaid into a voucher program where Republican governors can divert the money.

In short, Ryan is offering to raise taxes on the poor and middle classes, if we allow Republicans to gut the big three.  How about that! The new plan is the same as the old plan.

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Aug 082011
 

The Republican Party is notorious for making ludicrous claims.  The examples are too many to list, but examples include Obama wants to kill granny, Obama was born in Kenya, the founding fathers intended Christianity to be America’s state religion, tax breaks for the rich create jobs, etc.  It matters not that all these are demonstrably false.  Republicans just keep doubling down on the lies.  As absurd as these examples are, they pale in comparison to this Republican whopper.

republican-liesThe right wing pundits and tea party operatives are trying to cover for all the heat they took for their outrageous behavior during the HCR debate and their ugly tea party town halls where spitting and violence took center stage so they have been trying to come up with a typical false equivalence narrative to offset it.

We liberals are all so mean to the tea party now for saying that they held the government hostage in their efforts to cut spending. Unfortunately for them, it’s also only the truth. Judson Phillips, the TV face of Tea Party Nation went to Wisconsin to defend Alberta Darling, a Republican facing a tough challenge from Sandy Pasch in the recall elections this week. Phillips took his chips and went all in on the nasty:

The founder of Tea Party Nation claimed liberal ideology is responsible for "a billion" deaths over the past century during a raucous rally here Saturday in support of one of the six Republican state senators facing a recall election Tuesday.

"I will tell you ladies and gentlemen, I detest and despise everything the left stands for. How anybody can endorse and embrace an ideology that has killed a billion people in the last century is beyond me," said Tea Party Nation CEO Judson Phillips.

Phillips, who a day prior likened protesters of Gov. Scott Walker to Nazi storm troopers, urged a few hundred tea party supporters to turn out for state Sen. Alberta Darling, who is in a ferocious battle with state Rep. Sandy Pasch to hold onto her suburban Milwaukee seat.

But he wasn’t the only speaker to use loaded language to gin up the crowd.

Vince Schmuki, a leader of the Ozaukee Patriot tea party group compared the recall effort to a terrorist attack.

"This is ground zero," said Schmuki. "You remember what the term ground zero means? We have been attacked."

He continued, "Tuesday is going to be the beginning of our takeover. And we’re going to follow it up the following week, and then we’re going to polish off the enemy in November 2012. Who’s with me?"

… [emphasis original]

Inserted from <Crooks and Liars>

Really!  A billion deaths.  He did not offer one death as an example, let alone a billion.  Just so you don’t think the author and I are losing our marbles, here’s the video.

This just shows how desperate the Republican storm troopers have become in the fascist corporate dictatorship of Fitzwalkerstan, formerly Wisconsin.

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Aug 082011
 

Yesterday I did some housework and rested.  It was not a particularly hot day, but it was so humid and sticky as to prevent sleep, so I am feeling quite tired.  I am current on replies.  Tomorrow’s schedule is open.

Jig Zone Puzzle:

Today it took me 3:51 (average 5:04).  To do it, click here.  How did you do?

Short Takes:

From The Examiner: The death of Kelly Thomas, the 37-year old Fullerton, California resident described as a gentle, homeless, "gravely" mentally disabled young man, who cried for his father as six police hog-tied, repeatedly tazed, and beat him to death, reported and posted on Youtube by CNN Thursday, is increasing outrage across the nation, part of the aim of a new citizen human rights defenders group demonstrating compassion in an internet campaign. Chalked up as lack of police training according to The Washington Post Friday, the police department put the six officers on administrative leave, the FBI and district attorney’s office are investigating, and California residents are protesting Saturday morning at 8:00 at the police station.

I found the CNN report posted on You Tube, which cannot be embedded, shocking and disturbing.

From CNN: Treasury Secretary Tim Geithner is staying put, the Obama administration announced Sunday.

"Secretary Geithner has let the president know that he plans to stay on in his position at Treasury," a Treasury spokeswoman said in a statement.

He now plans to stay on through the 2012 election.  I’m sorry to be the bearer of such bad news.

From Salon: During the last two weeks, Texas Gov. Rick Perry, by most accounts on the brink of a presidential candidacy, has reversed himself on the question of the proper venue for dealing with the two of the hoariest cultural issues in American politics, same-sex marriage and abortion.

First, at a Republican governors meeting on July 22, he referred [Faux Noise delinked] to the recent decision by the New York legislature to legalize gay marriage as something that was "fine with me," and said further: "That is their call. If you believe in the 10th Amendment, stay out of their business." But then, in a matter of days, he was performing what can only be described as a public act of penance on Christian right potentate Tony Perkins’ radio show, trumpeting his support for a constitutional amendment to ban same-sex marriage nationally.

For tenthers, everything should be up to the states, except for what they want not to be.  What a hypocrite.

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