Posts Tagged ‘buffett

16
Oct
13

Rise and Shine

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Today:

The President has no scheduled public events, but…..

12:30 EDT: Jay Carney briefs the press

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Steve Benen: As debt deadline nears, now what?

In an unexpected twist, the political world starts today with circumstances that look eerily similar to those from 24 hours ago: a bipartisan Senate deal is taking shape and a fractured House remains unpredictable. The point of yesterday, apparently, was to waste a day, humiliate House Speaker John Boehner (R-Ohio), and bring the nation just a little closer to default.

After House Republicans rejected a series of desperate attempts by Boehner to make them happy, attention turned back to the Senate, which waited until after the lower chamber imploded to renew its talks. By all appearances, the basic framework of an agreement is in place.

More here

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Michael Tomasky: Senate Debt Ceiling Deal Won’t Mean This Chaos Is Over. Far From It.

Tuesday might have ended with the Senate on the cusp of a deal to avert a default, but it also featured Boehner bowing and scraping to his House crazies to come up with a competing plan that failed.

This is a sad and sickening spectacle, like nothing I’ve ever seen in my life. Not as bad as Watergate, you say? I beg to differ. However this turns out this has been in its way worse than Watergate. Watergate ultimately vindicated our system against the machinations of one sociopath. It took time, because he was a president. But even he ultimately observed democratic norms and, when cornered, did the honorable thing.

Today, we have a clavern of sociopaths who know nothing of honor, and we have no easy way to stop them. Except at the ballot box. Except that they’ve rigged that, too, with their House districts. They’ve rigged the whole game so that they light the match and then point at President Obama and shout: “Look! Fire!” And overseeing it all is House Speaker John Boehner, as of Tuesday officially the worst high-ranking elected officer in the history of the United States.

More here

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Dana Milbank: Republicans are at a dead end

Here’s how grave the House Republicans’ condition has become: They’re now in the care of a mortician.

In the early minutes of a marathon meeting of House Republicans on Tuesday morning, Rep. Steve Southerland, a funeral director from Florida, rose to suggest the lawmakers sing “Amazing Grace” — and his colleagues joined him in a rendition of the burial hymn.

Yea, when this flesh and heart shall fail,

And mortal life shall cease,

I shall possess within the veil,

A life of joy and peace.

It was an appropriate choice, for the House GOP is practicing its own form of mortuary science: It is burying both the Republican brand and America’s standing in the world.

More here

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Charles Pierce: Reign Of Morons: Apotheosis

…. A great portion of the courtier press that now expresses horror at what is going on now went gleefully along for the ride as it became inevitable. Any members of that courtier press who relished the pursuit of Bill Clinton’s penis, or conducted the absurd campaign of untruth that was waged against Al Gore between 1999 and 2000 lost the right years ago credibly to denounce conservative extremism and Republican vandalism.

That means you, Roger Simon of Politico, who was so shocked the other day to discover that racism may have afflicted the process of government since the president’s election, but who once claimed to right to make candidates like Gore “jump through hoops” for the pure hella-fun of it.

That means you, Chris Matthews, who chased the presidential dick for two years, all the way through an impeachment process that was a constitutional absurdity, but who now discovers that the campaign of destruction never truly stopped.

That means you, Andrew Sullivan, with your current existential torment over How It Came To This….

…… This means all of you who went along for the ride on torture, and on Iraq, and who hid under the bed after 9/11. This is how the power came to rest with Ted Yoho, who is a fool and a know-nothing. This is how historical inevitability is created. This is how its momentum becomes unstoppable. This is how the wreckage piles up.

Full post here

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Bob Cesca: Why Isn’t the GOP Complaining About the Deficit? Because It’s Dropping — Fast.

As we careen headlong toward the debt ceiling deadline, with the House Republicans and Speaker John Boehner in full Three-Stooges-Trying-To-Fix-The-Plumbing mode, the issue area that’s been overshadowed by the grandstanding, political props and brinksmanship is government spending itself.

The budget deficit is really the 4,000 pound gorilla in the room and the Republicans refuse to discuss anything other than the fact that employer mandate for the dreaded Affordable Care Act begins a year after the individual mandate. Yes, we’re in the middle of a showdown over the debt because of Obamacare rather than, you know, spending and fiscal responsibility.

Why aren’t they talking about the deficit? That’s easy: they can’t say anything bad about it because the Obama administration’s record on the deficit is kind of stellar.

More here

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TPM: McCain: ‘Republicans Have To Understand We Have Lost This Battle’

With the government shutdown in its third week and the United States dangerously close to the debt limit, Sen. John McCain (R-AZ) urged members of his party on Tuesday to stop digging.

“It’s very, very serious,” McCain said, as quoted by the New York Times. “Republicans have to understand we have lost this battle, as I predicted weeks ago, that we would not be able to win because we were demanding something that was not achievable.”

More here

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David Cay Johnston (Al Jazeera): Tea party Republicans put dollar’s reputation at risk

Barring an accident of political brinksmanship, the United States will not default on its debts and other obligations.

Economic conditions provide exactly zero reasons to worry that the U.S. cannot service its debts. The danger in the current crisis, therefore, is not catastrophic economic collapse.

Rather, the danger is that the House’s tea party Republicans, in their zeal to block President Barack Obama’s policies, especially on health care, have damaged investors’ long-term trust in the U.S. government. And by thwarting the principle of majority rule, they have demonstrated a disrupting power that they may wield into the next decade, causing further erosion in confidence.

More here

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ThinkProgress

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ThinkProgress: Houston Chronicle Yanks Ted Cruz Endorsement

As the federal government enters its sixteenth day of shutdown and stands just hours away from defaulting on the national debt, the largest newspaper in Texas has pulled its endorsement of Sen. Ted Cruz (R-TX). The conservative lawmaker delivered a 21-hour speech on Sep. 24, urging Senate and House Republicans to vote against any government funding measure that includes appropriations for President Obama’s Affordable Care Act, and is viewed as at least partially responsible for the current impasse.

More here

Screw them for endorsing him in the first place – they helped get the ****er elected.

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A Year Ago Today:

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On This Day:

President Obama, First Lady Michelle Obama, Vice President Biden and Dr. Jill Biden link arms and sing “We Shall Overcome” during the dedication ceremony for the Martin Luther King Jr. National Memorial in Washington, D.C., Sunday, Oct. 16, 2011 Joining them, from left, are: Harry Johnson, Sr.; Interior Secretary Ken Salazar; and Herman “Skip” Mason (Photo by Pete Souza)

President Obama says goodbye to former President George H. W. Bush and former Secretary of State James A. Baker, prior to departure from Easterwood Field landing zone, in College Station, Texas, Oct. 16, 2009 (Photo by Pete Souza)

Neighbors in West Newton, Mass., react as the President headed their way after speaking at an event next door, Oct. 16, 2010 (Photo by Pete Souza)

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Morning everyone, looks like it’ll be a long day.

12
Apr
12

heads up: vp biden in new hampshire

12:15 ET

barackobama.com/live

YouTube

CNN live streaming

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Intro:

12
Apr
12

rise and shine

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President Obama will speak about the Buffett rule in four TV interviews today – with:

WCMH in Columbus, OH

KCRG in Cedar Rapids, IA

KMOV in St. Louis, MO

KOLO in Reno, NV

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You can see Vice President Joe Biden’s campaign speech in New Hampshire today – 12:15 PM ET – at barackobama.com/live (CNN live streaming also have it in their schedule)

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Washington Post: Whitney Tilson is a hedge fund manager and a member of Patriotic Millionaires for Fiscal Strength.

I am part of the 1 percent of the 1 percent. By that I mean that I am fortunate to be a wealthy American and I say, “It’s okay to raise my taxes.”

This morning I was at the White House supporting President Obama in his call for Congress to pass the “Buffett rule.” …. It would hit me hard….. Why am I okay with this? The answer has to do with simple math and basic fairness.

…. It’s not class warfare to say that people like me – who aren’t suffering at all in these tough economic times, who are in many cases doing the best we’ve ever done and who can easily afford to pay more in taxes with no impact on our lifestyle – should be the first to step up and make a small sacrifice.

…. I am grateful for the effective government we have in this country, which is the absolutely necessary foundation for our wonderful capitalistic economic system that has benefited me so greatly. And I’m willing to do my fair share – in fact, more than my fair share – to help rein in our deficits and put this country on a more sustainable path.

More here

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Mother Jones

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Paul Krugman: Here’s the bad news: Mitt Romney’s campaign is setting new standards in serial dishonesty. Really. He makes Bush look like a font of truth and accuracy.

Here’s the good news: reporters seem to have noticed, and – be still my beating heart – we’re starting to see reports that actually point out the distortions, rather than saying that “some Democrats” say that he isn’t being honest.

It was particularly gratifying to see the response to Romney’s ludicrous claim that Obama is anti-woman because women have lost more jobs than men since he took office. This was cherry-picking raised to the level of an Olympic sport….

….The core of Romney’s campaign strategy seems to be contempt for the news media (and the voters), the belief that he can say anything and pay no price – which was the way things worked for Bush. But maybe, just maybe, his calculation was wrong, and serial dishonesty will become, justifiably, part of the narrative.

More here

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TPM: It took tens of millions of dollars, years of preparation and three months of primary contests, but Mitt Romney is finally the GOP’s presumptive nominee. Now comes the hard part.

Romney’s first day of the general election turned into a stark reminder that Obama will be a far tougher opponent than the poorly funded, disorganized candidates he battled in the primary. Romney was outmaneuvered and forced off message throughout the day – beginning with a morning press call in which the campaign was caught flat-footed over a simple question about Romney’s position on the Lilly Ledbetter Act – overshadowing the economic message he was trying to push, with the gleeful help of an armada of professional Democratic operatives.

More here

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The Week

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See the full show here

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The Atlantic: So here is the president of the United States, enjoying canapés and small talk at Daniel, chef Daniel Boulud’s gourmet restaurant just off Park Avenue ….. “I have a question I want to ask you, Mr. President,” I venture, once I catch his attention.

“Sure,” the president says.

“Kanye or Jay-Z?”

The president smiles. “Jay-Z,” he says, as if the answer should be obvious….

“Although I like Kanye,” Obama continues, with an easy smile. “He’s a Chicago guy. Smart. He’s very talented.” He is displaying his larger awareness of the question, looking relaxed, cerebral but friendly, alive to the moment, waiting for me to get to the heart of the matter.

“Even though you called him a jackass?,” I ask.

“He is a jackass,” Obama says, in his likable and perfectly balanced modern-professorial voice. “But he’s talented.” The president gives a wink, poses for a few more pictures, and then glides away…..

More here

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A baby donkey named Demo by its owner, Silvio Carrasquilla, stands dressed as the mascot of the U.S. Democratic Party behind a poster of U.S. President Barack Obama, outside Carrasquilla’s home in Turbaco, near Cartagena, April 11. Carrasquilla, Turbaco’s former mayor who considers himself Colombia’s number one Obama fan, is sprucing up his house by painting it the red, white and blue of the U.S. flag to celebrate Obama’s arrival in Cartagena for the VI Summit of the Americas on Friday.

A Colombian Obot! :cool:

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Morning everyone ;-)

11
Apr
12

evening all

Steve Benen: ….. the Huffington Post’s Sam Stein asked whether Romney supports the Lilly Ledbetter Fair Pay Act, and the campaign aides, after a painfully long delay, had no idea.

These weren’t trick questions. This was, after all, a call about women’s issues. It was organized by the Romney campaign, so it’s not as if these staffers could say they were caught off guard by extraneous and unrelated issues. Presumably, these folks prepared for their own telephone press conference.

Romney has cited a misleading statistic, and his aides couldn’t defend it. Romney has said current policies are keeping women from getting more jobs, and given three separate chances to say something coherent, his aides couldn’t explain what would change if the former governor is elected president. Were they not expecting these kinds of question?

…. Welcome to the general election, Mitt. I think you’ll find it’s a little more difficult than going up against Newt Gingrich and Rick Santorum.

More here

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TPM: Mitt Romney’s having a terrible time turning the tables on Democrats. But his camp’s claim that President Obama is the one waging the “real war on women” is best debunked visually.

….. male employment and female employment have nearly returned to the levels they were at when Obama took office. And if Obama is waging a war on women, he’s doing a poor job of it. Despite these setbacks, female labor force participation remains near its historic high.

More here

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Greg Sargent: I’m glad to see that there’s been a moderately aggressive media response to Mitt Romney’s latest falsehood: The claim that 92 percent of the people who have lost jobs on Obama’s watch are women.

The argument, which his campaign is now making regularly, is central to Romney’s effort to win back women who were apparently alienated by the primary.

The assertion has now been debunked by Politifact, the Post’s Glenn Kessler, and NBC’s Domenico Montanaro.

More here

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ThinkProgress: As part of its bizarre strategy of blaming President Obama for the GOP’s “war on women,” the Romney campaign released statements today from two Republican Congresswomen, Reps. Mary Bono Mack (R-CA) and Cathy McMorris Rodgers (R-WA). The statements correctly note that women have been hit particularly hard by job losses in recent years, but misleadingly lay the blame for those losses on Obama, just as Romney himself has been doing recently.

…… their concern for pay equity and women in the workplace must be a recent development. Both congresswomen voted against the landmark Lilly Ledbetter Fair Pay Act of 2009…..

More here

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Buzzfeed

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Don’t miss Liberal Librarian’s latest post at The People’s View: The “Reagan Rule” and the GOP crackup

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Thanks Dotster

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PPP: Barack Obama’s opened up a 13 point lead on Mitt Romney in Colorado at 53-40. He’s gained 11 points in the state since December when he led just 47-45.

The formula for Obama’s gains is the same in Colorado as it is everywhere. He’s getting more popular and Romney’s getting less popular. In December only 45% of voters approved of the job Obama was doing to 50% who disapproved. Now he’s on positive ground with 50% giving him good marks to 47% who think he’s doing a poor job. The main thing that’s changed is Democrats really rallying around him. In December he was at 76/18 with them, but now it’s 89/8. The party is getting a lot more unified as the election comes closer.

Romney’s headed in the other direction. His net favorability has gone from -18 (35/53) to an even worse -29 (31/60) …. he’s extremely unpopular with independents at 25/65.

More here

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PPP: Mitt Romney may have effectively wrapped up the GOP nomination with Rick Santorum’s withdrawal yesterday, but PPP’s newest North Carolina poll really shows how much Romney was hurt by the process with Barack Obama as the ultimate beneficiary.

President Obama now leads Romney by 5 points in North Carolina, 49-44. That’s the largest lead we’ve found for him in monthly polling dating back to November of 2010. Obama has a 51-38 advantage with independents and is particularly strong with women (54-39), African Americans (90-7), voters under 30 (61-33), and folks in the Triangle (60-33).

The Republican nomination process has taken a huge toll on Romney’s image in North Carolina. In February of 2011 voters in the state were almost evenly divided on him with 37% rating him favorably to 39% who had a negative opinion of him. Now that spread is a dreadful 29/58….

He was actually popular with independents at 45/36 last winter, now he is incredibly unpopular at 25/62.

More here

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ThinkProgress

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ThinkProgress: According to several experts in Florida law, Sean Hannity could be compelled to testify about his conversations with George Zimmerman. Tamara Lave, a professor of criminal law at the Universtiy of Miami who also practiced as a public defender for 10 years, told ThinkProgress it’s a “no brainer.”

Under Florida Law, there is a “qualified privilege” for journalists that protects their conversations with sources. But this privilege can be overcome, per Florida Evidence Code 90.5015….

More here

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2008

Don’t forget Michelle Obama on The Colbert Report tonight

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Florida Atlantic University, April 10

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People look at their pictures with First Lady Michelle Obama as Mrs. Obama continues to greets guests at the Joining Forces Community Challenge event on the South Lawn of the White House, April 11. (Official White House Photo by Sonya N. Hebert)

11
Apr
12

‘the reagan rule’

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11
Apr
12

heads up: pbo speaks on the buffett rule

White House live

CNN live streaming




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