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 ;-)




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