Archive for the 'Articles' Category

31
Aug
14

‘The Punditry vs. the Presidency’

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Michael Cohen: The Punditry vs. the Presidency

How the constant chorus of ‘do something’ Obama foreign policy critics gets it wrong

There is a fun foreign policy game making all the rounds in Washington D.C. this summer: Pin the tail on Barack Obama.

Its appeal is not hard to understand; it’s so easy to play.

Step 1: Pick a foreign crisis that touches even slightly on U.S. national security interests. This shouldn’t be hard, because the United States defines practically everything in the world as being an American interest.

Step 2: Make clear that this is no garden-variety problem but rather “the defining crisis of [OBAMA'S] presidency”……

….. Step 6: Publish your condemnation in a major newspaper or news outlet. Wait for a phone call from a booker with a Sunday morning talk show.

There are no points for understanding how international relations work, how U.S. power is actually utilized or how other countries interpret their own interests. There’s no space on the board for tracking the real-life impact of your recommendations.

Foreign policy stewardship would be easy if it were as simple as playing this game. If, as President Obama joked recently, America “control(led) everything around the world,” there wouldn’t be much to decide at all.

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31
Aug
14

Dianne Feinstein! Go Fight In Iraq Yourself!!!!

Dianne Feinstein, Go fight in Iraq yourself!

by @zizii2

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I, and many Americans, have had it up to our eyeballs with greedy Military Industrial Complex shills like Dianne Feinstein!! What the hell is wrong with these MIC stooges, regardless of party affiliation? And Dianne Feinstein’s incessant disrespect towards the leader of her own party and President of this country is all the more unforgivable! Did she stop to look in the mirror to examine that her own shortsighted votes in Congress metastasized the deep canker tearing the Middle East apart? Or worse that her greedy actions to shovel taxpayer $$$ to defense contractors like her husband have nasty consequences?

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How many Americans does she want DEAD and MAIMED just when President Obama has toiled to clean up the mess of the last blunder of a war under George Bush, that she voted for? It is bad enough that we have war snake oil salesmen McCain, Graham and Mike Rogers preening daily in front of cameras without being held accountable for their dangerous and always inconsistent warmongering statements. They wanted us arming ISIS to the teeth in Syria last year. Now they turn around and Chicken Little about ISIS in Iraq means the Caliphate is at America’s doorstep!! Sheesh!!

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How about we get a buy-in from the many factions inside the strained powder keg that is Iraq, especially Sunnis who are vital to any strategy to root out ISIS? They must be assured that their interests are better served in a national coalition with Shia and Kurds AGAINST ISIS precisely because ISIS is claiming to act on their behalf having been shut out of power by Al Maliki’s government. That delicate cultivation of a NATIONAL front against the terrorists is EXACTLY what President Obama is working on in order to neutralize the potential for BLOWBACK that sustained military action against ISIS could generate. But NO!!! Dianne Feinstein finds cheap thrill in playing to the cameras of our moribund media. The conniving media then latches onto her words like they did Hillary’s 3 weeks ago to malign President Obama.

Continue reading ‘Dianne Feinstein! Go Fight In Iraq Yourself!!!!’

29
Aug
14

ObamaCare Means No Longer Living With Perpetual Pain

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57andfemale

A simple observation:

I got my bone density test today. I have had serious hip and back pain for over a dozen years. Because I am one of 20% of adult asthmatics who cannot take any NSAID’s, I live in perpetual pain. Self-employed, no insurance until ACA.

I got a bone density test today – no co-pay. Because PBO made even the most basic insurance affordable AND comprehensive.

I’m seeing a chiropractor as well as regular doctors. I need some x-rays so we know how aggressive we can be with exercise and PT. If I need cartillage-building or bone-building therapy, I have insurance. thank you, PBO and Dem’s.

All I want is to be able to run up and down the stairs to do laundry. To clean my house. To have a weekend where I can clean my sewing room, throw fabric in boxes, and feel alive the next day.

I am closer to that because of ACA. Thank you POTUS. Thank you, Nancy Pelosi.

Now let’s sustain this progress and keep the Senate and take back the House.

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28
Aug
14

Democrat + Forward Thinking Policies = Growing Economy

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Yahoo: Economy In U.S. Expands 4.2%, More Than Previously Forecast

The biggest gain in U.S. business investment in over two years helped the world’s largest economy expand more than previously forecast in the second quarter, raising expectations for the rest of 2014. Gross domestic product, the value of all goods and services produced, rose at a 4.2 percent annualized rate, up from an initial estimate of 4 percent and following a first-quarter contraction, Commerce Department reported today in Washington. Other reports showed the outlook for home sales improved in July, fewer people filed claims (INJCJC) for jobless benefits last week and consumer confidence climbed. Recent data showing American factories are receiving more orders and employment is picking up indicate companies such as General Electric Co. (GE) will probably see demand sustained into the second half of the year. “The recovery is becoming more well-entrenched,” said Scott Brown, chief economist at Raymond James & Associates Inc. in St. Petersburg, Florida, who correctly projected the gain in GDP.

“There is more optimism among businesses about increased demand. The drop in firings is probably helping Americans feel more secure in their jobs. The Bloomberg Consumer Comfort Index rose in the week ended Aug. 24 to the highest level in more than a month as views of household finances advanced to an almost four-month high, another report showed. Household consumption, which accounts for about 70 percent of the economy, grew at a 2.5 percent annualized rate, the same as previously estimated. Automobile sales near an eight-year high bode well for consumer spending and factory production. Consumers’ purchasing power improved, with disposable income adjusted for inflation rising at a 4.2 percent from April through June after a 3.4 percent gain in the first quarter. Gross domestic income, which reflects all the money earned by consumers, businesses and government agencies climbed at a 4.7 percent annualized rate in the second quarter, the most since early 2012. More hiring and stock-market gains that are boosting confidence also are healing household finances, which will help consumer spending. Payrolls in July marked the sixth month of gains exceeding 200,000, the longest such stretch since 1997, according to the Labor Department.

More here

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Jason Furman: Second Estimate Of GDP For The Second Quarter Of 2014

1. Real gross domestic product (GDP) increased 4.2 percent at an annual rate in the second quarter of 2014, according to the second estimate from the Bureau of Economic Analysis. The strong second-quarter growth represents a rebound from a first-quarter decline in GDP that largely reflected transitory factors like unusually severe winter weather and a sharp slowdown in inventory investment. Growth in consumer spending and business investment picked up in the second quarter, and residential investment increased following two straight quarters of decline. Additionally, state and local government spending grew at the fastest quarterly rate in five years.

3. Over the last four quarters, real GDP has risen 2.5 percent, faster than the 2.0 percent annualized pace observed over the preceding eight-quarter period. Looking at four- and eight-quarter changes to smooth some of the quarter-to-quarter volatility, it is clear that many components of GDP are showing improvement. The growth rates of consumer spending, business investment and exports have all picked up, and the pace of declines in the Federal sector have moderated a bit. In addition, the State and local government sector has turned positive, after several years of steady cutbacks. One area that has slowed over the last four quarters is residential investment, which is discussed in greater detail in the next point.

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28
Aug
14

Act On Climate Change? President Obama Is Doing So

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Coral Davenport: Obama Pursuing Climate Accord In Lieu of Treaty

The Obama administration is working to forge a sweeping international climate change agreement to compel nations to cut their planet-warming fossil fuel emissions, but without ratification from Congress. In preparation for this agreement, to be signed at a United Nations summit meeting in 2015 in Paris, the negotiators are meeting with diplomats from other countries to broker a deal to commit some of the world’s largest economies to enact laws to reduce their carbon pollution. But under the Constitution, a president may enter into a legally binding treaty only if it is approved by a two-thirds majority of the Senate. To sidestep that requirement, President Obama’s climate negotiators are devising what they call a “politically binding” deal that would “name and shame” countries into cutting their emissions. The deal is likely to face strong objections from Republicans on Capitol Hill and from poor countries around the world, but negotiators say it may be the only realistic path.

American negotiators are instead homing in on a hybrid agreement — a proposal to blend legally binding conditions from an existing 1992 treaty with new voluntary pledges. The mix would create a deal that would update the treaty, and thus, negotiators say, not require a new vote of ratification. Countries would be legally required to enact domestic climate change policies — but would voluntarily pledge to specific levels of emissions cuts and to channel money to poor countries to help them adapt to climate change. Countries might then be legally obligated to report their progress toward meeting those pledges at meetings held to identify those nations that did not meet their cuts. The strategy comes as scientists warn that the earth is already experiencing the first signs of human-caused global warming — more severe drought and stronger wildfires, rising sea levels and more devastating storms. In seeking to go around Congress to push his international climate change agenda, Mr. Obama is echoing his domestic climate strategy. In June, he bypassed Congress and used his executive authority to order a far-reaching regulation forcing American coal-fired power plants to curb their carbon emissions.

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27
Aug
14

Medicare Is Not Destroying The Budget? Thanks, ObamaCare

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David Leonhardt: Medicare: Not Such A Budget-Buster Anymore

You’re looking at the biggest story involving the federal budget and a crucial one for the future of the American economy. Every year for the last six years in a row, the Congressional Budget Office has reduced its estimate for how much the federal government will need to spend on Medicare in coming years. The latest reduction came in a report from the budget office on Wednesday morning. The changes are big. The difference between the current estimate for Medicare’s 2019 budget and the estimate for the 2019 budget four years ago is about $95 billion dollars. That sum is greater than the government is expected to spend that year on unemployment insurance, welfare and Amtrak — combined. It’s equal to about one-fifth of the expected Pentagon budget in 2019. Widely discussed policy changes, like raising the estate tax, would generate just a tiny fraction of the budget savings relative to the recent changes in Medicare’s spending estimates.

In more concrete terms, the reduced estimates mean that the federal government’s long-term budget deficit is considerably less severe than commonly thought just a few years ago. The reduced estimates are also an indication of what’s happening in the overall health care system. Even as more people are getting access to health insurance, the costs of caring for individual patients is growing at a super-slow rate. That means that health care, which has eaten into salary gains for years and driven up debt and bankruptcies, may be starting to stabilize as a share of national spending. The Affordable Care Act, in particular, made significant reductions to Medicare’s spending on hospitals and private Medicare plans, to help subsidize insurance coverage for low- and middle-income Americans.

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