Posts Tagged ‘cure

25
May
12

Rise and Shine

President Obama boards Air Force One at Des Moines International Airport en route to Washington DC, May 24

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Morning everyone, back in a while ;-)

10
Feb
12

rise and shine

Morning everyone. Back soon, chat away ;-)

Almost forgot…..again!

03
Feb
12

rise and shine

AP: Employers went on a hiring spree in January and drove down the unemployment rate for a fifth straight month to 8.3 percent, its lowest point in nearly three years.

The result pointed to a resurgent job market, and it sent stock futures surging. The Dow Jones industrial average futures, which were flat before the report, jumped more than 100 points.

The economy created 243,000 net jobs in January, the most in nine months, and the unemployment rate fell two ticks.

More here

OFA

Steve Benen: ….. it’s hard not to feel good about the surprising strength of this new report …. this is one of the best – if not the very best – jobs reports since the recession began four years ago.

More here

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White House Live

Washington Post: President Obama will announce details Friday for a $1 billion Veterans Job Corps that the White House says will put up to 20,000 veterans to work over the next five years on projects to preserve and restore national parks and other federal, state and local lands.

….. Obama proposed the corps in his State of the Union address last month, describing it as “enlisting our veterans in the work of rebuilding our nation.”

More here

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From the White House: “President Obama and the First Lady will welcome Prime Minister David Cameron of the United Kingdom of Great Britain and Northern Ireland and his wife, Samantha Cameron, to the White House for an Official Visit with a State Dinner on March 13-14, 2012….”.

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The Week

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Morning everyone ;-)

27
Jan
12

rise and shine – heads up for michigan speech (9:50 ET)

The front of the line – about 3,000 people will pass through the doors of Al Glick Fieldhouse this morning to see President Barack Obama speak

AnnArbor.com

Freep.com: Long lines of people wait on the outdoor football field outside the Glick Fieldhouse on the campus of the University of Michigan hours before President Obama was to deliver his speech about education to over 3,000 people inside today

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9:45 ET  PBO delivers remarks at the University of Michigan in Ann Arbor

11:00: Departs Michigan en route to Joint Base Andrews

12:25: Arrives at Joint Base Andrews

12:30: Departs Joint Base Andrews en route to Cambridge, Md.

1:15 PBO address House Democrats at their annual retreat (Listed for live coverage by C-Span 2 and CNN streaming)

3:00: Arrives at the White House

3:30: PBO and VP Biden meet with Secretary of State Clinton

4:30: PBO delivers remarks at a campaign event

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Jonathan Cohn (TNR): President Obama visits the Detroit area on Friday, and his timing couldn’t be better: Today’s Detroit Free Press brings more good news from the auto industry:

General Motors, Ford and Chrysler all plan to add jobs in Michigan, which stands to benefit more than any other state. Nissan, BMW, Honda, Toyota, Kia and Mercedes-Benz also are hiring. Suppliers are looking to add engineers and technical people, but at a more gradual pace.

About 15,000 auto-related Michigan jobs could be created this year….

More here

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President Barack Obama greets people following his remarks at Buckley Air Force Base in Denver, Colo., Jan. 26, 2012. (Official White House Photo by Pete Souza)

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The Nation: It is hard to read Remedy and Reaction, Paul Starr’s remarkable chronicle of the hundred-year effort to legislate universal health insurance in the United States, without recalling Robert Gibbs’s tortured quip that Democrats who’ve denounced the Obama White House for having knuckled under to Republican principles or intimidation “ought to be drug-tested.” Nobody with a sense of history – that is, nobody who reads Starr’s book – could doubt how sensible and brave was the president’s effort to drive the Patient Protection and Affordable Care Act of 2010 through Congress. Nobody with a feel for the present moment should doubt how imminent is the threat to the act, how urgent it is for progressive Democrats to rally around Obama – and without all the condescending qualifications that “independents,” who flock away from allegedly weak or incompetent leaders, interpret as contempt.

More here

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Greg Sargent: …. At an event in Las Vegas (yesterday), Obama offered his most extensive rebuttal by far to the bogus GOP charge that the push for higher taxes on the wealthy is about “class warfare” and “envy”. The whole thing is worth a watch – the tone was not one of outrage, but one laced with a good deal of mockery and derision:

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Washington Post: The Obama administration finalized a rule Thursday governing the management of 193 million acres of national forests and grasslands, establishing a new blueprint to guide everything from logging to recreation and renewable energy development.

The guidelines – which will take effect in early March and apply to all 155 national forests, 20 grasslands and one prairie – represent the first meaningful overhaul of forest rules in 30 years….

Several environmentalists and scientists praised the guidelines … “The vision is laudable, and this is no small shift in how the national forests will be managed, from one of commodity extraction into a vision of protection, restoration and water preservation,” said Dominick DellaSala, president and chief scientist for the Oregon-based Geos Institute.

More here

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National Journal

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The Week

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Morning everyone ;-)

20
Jan
12

rise and shine

Morning everyone! I’m outrageously late starting today, give me a while and I’ll catch up …. soon-ish. Until then, chat away. Or sing along:

13
Jan
12

rise and shine

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11:20: PBO delivers remarks on government reform

1:45: PBO attends a campaign event at the Jefferson Hotel in Washington.

5:30: PBO and Michelle Obama host the Tuskegee Airmen, along with cast and crew members of the movie “Red Tails,” for a screening at the White House.

* Michelle Obama this morning joins the cast of Nickelodeon’s “iCarly” at a special screening of “iMeet The First Lady” in Alexandria, Va.

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Washington Post: President Obama will ask Congress on Friday for the power to shrink the federal government, proposing a first step of combining several trade and commerce agencies under a plan that the White House said could eliminate more than 1,000 jobs and save $3 billion over 10 years.

A senior administration official cast the announcement, which Obama will make during an 11:20 a.m. White House appearance, as follow-through on the president’s promise during last year’s State of the Union address to create a leaner, more efficient bureaucracy.

More here

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CBS Philly: Vice President Joe Biden is coming to the Philadelphia area Friday morning to speak to high school students in Bucks County about the cost of college and what the Obama Administration is doing to make it more affordable.

Biden and Deputy Secretary of Education Tony Miller will speak to students at Central Bucks West High School in Doylestown. Even though students have finals next week, class schedules are being adjusted to give students a chance to take part in what could be a chance of a lifetime.

More here

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CBS: On the eve of a Texas meeting of prominent social conservatives and evangelical Christians to discuss the state of the Republican presidential race, one invitee is worrying that a Mitt Romney nomination would be “John McCain all over again.”

Dick Bott, founder and chairman of Christian Radio’s Bott Radio Network, says he would vote for the former Massachusetts governor against President Obama, but that “people just won’t care.”

“Why on earth give other things [like volunteering time or donations] for someone you think is a bit of sham?” says Bott, who would not confirm he will be attending this weekend’s summit. “All of a sudden there’s a conservative movement that is being spoon-fed by Republican establishment leaders.”

More here

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Steve Benen: ….. I don’t think we need any special insights to see the line Gingrich is pushing here. The disgraced former House Speaker, in advance of the South Carolina primary, wants Republican voters to think there’s something wrong with being bilingual, especially if the other language is French.

I have no idea if this will work, but the fact that “he speaks French” is considered a potentially potent attack in Republican politics in the 21st century is just sad.

Full post here

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LA Times: As Mitt Romney defends his record running a private equity firm, he frequently points to a fast-growing Indiana steel company, financed in part by Bain Capital, that now employs 6,000 workers.

What Romney doesn’t mention is that Steel Dynamics also received generous tax breaks and other subsidies provided by the state of Indiana and the residents of DeKalb County, where the company’s first mill was built.

The story of Bain and Steel Dynamics illustrates how Romney, during his business career, made avid use of public-private partnerships, something that many conservatives consider to be “corporate welfare.” It is a commitment that carried over into his term as governor of Massachusetts, when he offered similar incentives to lure businesses to his state.

Yet as he seeks the GOP presidential nomination, he emphasizes government’s adverse effects on economic growth

Full article here

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Morning everyone ;-)

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PS Thanks for the reminder Pamela :oops:

06
Jan
12

rise and shine

Marketwatch: The U.S. economy gained 200,000 jobs in December and the unemployment rate fell to 8.5%, the Labor Department said Friday.

Economists surveyed by MarketWatch had forecast the U.S. would add 150,000 jobs last month, with the jobless rate edging up to 8.7% from an initially reported 8.6% in November.

Subtracting another decline in government jobs, the private sector boosted payrolls by 212,000. Average hourly earnings rose 0.2% last month to $23.24 and hours worked edged up to 34.4. Job gains for November and October were little changed. The U.S. created 1.64 million jobs in 2011.

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Steve Benen: Mitt Romney will probably find today’s jobs report from the Bureau of Labor Statistics very discouraging. The rest of us, though, have reason to smile.

…. when monthly job growth reaches 200,000, that’s genuinely good news, and the drop in the overall unemployment to 8.5% puts the figure at nearly a three-year low, which is also encouraging. Under the circumstances, this is one of the best jobs reports since the recession began four years ago.

Full post here

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It’s a bad day for Rusty :cry:

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TPM

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Reuters: The young men in business suits, gingerly picking their way among the millwrights, machinists and pipefitters at Kansas City’s Worldwide Grinding Systems steel mill…. “They looked like a bunch of high school kids to me. A bunch of Wall Street preppies,” says Jim Linson, an electronics repairman who worked at the plant for 40 years….

Apparently they liked what they saw. Soon after, in October 1993, Bain Capital, co-founded by Mitt Romney, became majority shareholder in a steel mill that had been operating since 1888.

…. Less than a decade later, the mill was padlocked and some 750 people lost their jobs. Workers were denied the severance pay and health insurance they’d been promised, and their pension benefits were cut by as much as $400 a month…..

Full article here

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Paul Krugman: ….. Mr. Romney claims that Mr. Obama has been a job destroyer, while he was a job-creating businessman …. his claims about the Obama record border on dishonesty, and his claims about his own record are well across that border.

….. the president inherited an economy in free fall, and can’t be held responsible for job losses during his first few months, before any of his own policies had time to take effect. So how much of that Obama job loss took place in, say, the first half of 2009?

The answer is: more than all of it. The economy lost 3.1 million jobs between January 2009 and June 2009 and has since gained 1.2 million jobs. That’s not enough, but it’s nothing like Mr. Romney’s portrait of job destruction.

Incidentally, the previous administration’s claims of job growth always started not from Inauguration Day but from August 2003, when Bush-era employment hit its low point. By that standard, Mr. Obama could say that he has created 2.5 million jobs since February 2010.

Full article here

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Washington Post editorial: ….. Republicans may well be correct that Mr. Obama is playing politics with these appointments …. But so what? Both the consumer bureau and the labor relations board are agencies of the U.S. government, created by Congress, and it is inexcusable that congressional obstructionism would leave them unable to function. If Republicans don’t like the structure or purpose of either agency, they should try to alter them through legislation. Meanwhile their filibustering against qualified nominees to make political points or extort concessions from the White House cripples government and discourages good people from serving. That is the real poisonous practice, in which both parties have engaged. Until there is a de-escalation, the country will continue to pay a high price.

Full article here

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New York Times: Obama administration officials announced on Friday that they will propose a fix to a notorious snag in immigration law that will spare hundreds of thousands of American citizens from prolonged separations from immigrant spouses and children.

The change that immigration officials are offering would benefit United States citizens who are married to or have children who are illegal immigrants. It would correct a bureaucratic Catch-22 that those Americans now confront when their spouses or children apply to become legal permanent residents.

Full article here

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23
Dec
11

rise and shine

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Washington Post: Facing withering criticism from across the political spectrum and abandoned by Senate allies, House Republicans bowed to political reality Thursday and agreed to a two-month extension of a payroll tax cut for 160 million Americans.

The agreement represented a remarkable capitulation on the part of House Republicans, who had two days earlier rejected such a deal with Democrats as the kind of half-measure that their new majority was elected to thwart.

And it amounts to a Christmas gift for President Obama, who attempted to paint his Republican opponents as willing to raise taxes for millions of Americans. Such an image could have cost the party politically just as it is gearing up to try to take back the White House and the Senate in 2012.

Full article here

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Eugene Robinson: Finally. After a year of artful camouflage and concealment, Republicans let us glimpse the rift between establishment pragmatists and Tea Party ideologues. There may be hope for the republic after all.

…. There are only two possible reasons for House Republicans to behave the way they did. Maybe they are so blinded by ideology that they no longer care about the impact their actions might have on struggling American families. Or maybe their only guiding principle is that anything Obama supports, they oppose.

The week’s events offer a lesson for Obama, too. One reason for all the Republican angst was that public opinion has become more sensitive to issues of economic justice. This may be partly due to the Occupy protests. But I’m convinced that Obama’s fiery barnstorming in favor of his American Jobs Act has played a big role. People are hearing his message.

The president has been on the offensive. It’s no coincidence that, for the first time in quite a while, Republicans are backing up.

Full article here

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Steve Benen: …. the GOP leadership will, probably later today, bring the tweaked Senate agreement to the House floor, hoping to approve it by unanimous consent. If Republicans balk – and they might – Boehner will reconvene the House next week for an up-or-down vote. Since that vote would very likely pass the Senate bill, an objection today would only delay the inevitable, and extend this fiasco for a few more days.

…. perhaps one of the most striking realizations from this entire dispute is that Republicans gambled that Democrats would cave when the pressure was on – and Democrats didn’t. Arguably for the first time all year, Democrats from the White House to Capitol Hill knew they had the better hand, told Republicans that Dems wouldn’t fold this time, and sat back and watched and the GOP unraveled.

… After a year in which policymakers have moved from one hostage crisis to another, Democrats won a big one to close out the year, leaving Republicans looking awful and a weakened Speaker looking beaten.

For a party that earned a reputation for capitulating a little too often, it’ll start 2012 on the right foot.

Full post here

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Vice President Biden in the Des Moines Register: Mitt Romney recently laid out his plan for America. Reading about it, I thought of my dad. My dad was a hard worker. He took pride in what he did. And, like millions of Americans, that pride was put to the test when he found himself struggling to make ends meet.

When I was a child, he had to ask my grandfather to take care of my mom, my brother, sister and I while he moved away to find a better job in Wilmington, Del. My dad had a saying: “A job is about more than a paycheck. It’s about dignity. It’s about respect.”….

Full article here

Thanks Jovie

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Michael Tomasky (Daily Beast): Last week, I mentioned the racism charges against Ron Paul, involving the newsletter he used to publish and some of the vile and witless statements therein….

….These are not your run-of-the-mill euphemisms. These are blatantly racist comments by, I would hope, nearly any measure. Jews and gays get their moment in the sun ….The “Special Issue on Racial Terrorism,” produced after the Los Angeles riots, offers many gems, including this advice: “I’ve urged everyone in my family to know how to use a gun in self defense. For the animals are coming.” …. It would seem, in the pages of something called the Ron Paul Political Report, that that “I” would represent, well, Ron Paul. But he denies authorship….

…. If he didn’t write those sentences, who did? Why not say? If he genuinely disagrees with the statements and truly disavows them, there could be no good reason not to name names.

… I humbly suggest that there are some matters on which there should not a statute of limitations …. Calling a group of people—identifiable only by their race “animals” belongs in that company. We lack proof that Paul did that, but at the very least we have proof that he has regarded this whole thing very casually….

Full article here

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AzureGhost

Thanks Kasai!

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Morning everyone ;-) This Friday’s very good!

16
Dec
11

rise and shine

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2:00: First Lady Michelle Obama visits Joint Base Anacostia-Bolling

2:10: President Obama delivers remarks at the 71st General Assembly of the Union for Reform Judaism

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Thanks amk ;-)

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About today’s AP-GfK poll – OMG! Doom! Gloom!

As GOPolitico told us, white people hate the President!! Real bad!

The best bit was when they quoted Ron Fournier saying the President “only won 40%” of the white seniors’ vote in 2008 and “his approval rating with them now is 41%”. Em, I was never too hot at math ….. but is that, eh, not technically an increase? :???:

Any way, not surprisingly, the economy remains the number one concern of those polled. You’ll get all the bad news everywhere today, what will be largely ignored:

* After the jobless rate fell to 8.6% last month (its lowest level since March 2009), the President’s approval rating on handling unemployment rose 5% to 45% in the poll.

* 20% say the economy got better in the past month, up from 6% two months ago (64% said it stayed the same)

* 15% said it got worse, down from 49% two months ago

* Respondents describing the economy as “very poor” fell from 43% in October to 34% in the latest poll, the lowest since May.

* 60% say the financial situation in their own household is good, up 6%

* 30% blamed the President for the economy, compared to 43% who blame Bush

And:

* Despite the struggles with the economy, the President still beats Romney in a match-up: 47 to 46.

* The President beats the Newt 51-42.

* Among independents, it’s even better. The President beats Romney 45-41 and the Newt 54-31.

And buried in the last line in Time’s report on the poll:

“Among those with annual household incomes of $50,000 or less, Obama’s approval rating on unemployment climbed to 53 percent from 43 percent in October.

Get that? Climbed 10%.

* 60% approve of how the President is handling terrorism, 59% say he will “keep America safe”. Not bad for an appeaser, eh?

* 53% say he is a “strong leader”

* 76% say he is “likable”

There you go – the bits you won’t hear today. And hey, wait til the fella actually starts campaigning against Romgrich ;-)

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OFA: Headlines over the past few weeks have shown with hard numbers how President Obama’s Affordable Care Act is helping young people and seniors. The reform allows young people to stay on their parents’ health insurance until they turn 26 and helps Medicare recipients save money on prescription drugs.

Take a look at this infographic summing up how the Affordable Care Act is impacting millions of Americans – then share it to pass on the good news:

Link – pass it on!

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Oooops:

Texas Monthly: As most readers know, every January TEXAS MONTHLY picks a Bum Steer of the Year, an honor conferred on whatever individual we feel has been responsible for the biggest screw-up, gaffe, fumble, stumble, train wreck, or humiliation of the past twelve months. This year, as the above cover makes pretty darn clear, our Bum Steer of the Year is Governor Rick Perry.

More here

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Jonathan Chait (NY Mag): With Ron Paul ascending in Iowa, winning the hearts of independents, and even the endorsement of Andrew Sullivan, it’s worth pointing something out: Ron Paul is not a kindly old libertarian who just wants everybody to be free. He’s a really creepy bigot.

…. Paul comes out of an intellectual tradition called “paleolibertarianism,” which is a version of libertarianism heavily tinged with far-right cultural views …. Paul is tied in deep and extensive ways to neo-Confederates, and somewhat less tightly to the right-wing militia movement. His newsletter, which he wrote and edited for years, was a constant organ of vile racism and homophobia ….. Fear and hatred of blacks and gays, along with a somewhat less pronounced paranoia about Jewish dual loyalty, are fundamental elements of his thinking….

Full article here

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Link

I’m guessing you very lovely people might have been inspired by the wonder that is Donna Dem – you pushed The Obama Diary past its fundraising target at OFA – thank you soooooooooo much!

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Meanwhile, if you’d like to say THANK YOU to Donna Dem for last night’s gorgeous account of her phone call with the President, you can help push her towards her mindboggling $12,000 target – link

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Almost forgot, it’s Friday!

09
Dec
11

afternoon all

Thanks M4O

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Michael Tomasky: A Progressive Defense of the White House on Plan B

Kathleen Sibelius is getting flak for her Plan B decision. But Michael Tomasky defends the administration’s position because of the ethical issues raised by minors using the pill.

I get the reasons for liberal outrage at the Obama administration’s Plan B decision. But I can’t quite join in the indignation. I know that I am a man – a fact I’ve been aware of for some time – and so readers male and female can factor that in here as they wish. But it seems to me that to call this merely a case of politics cynically trumping science is way too dismissive of some concerns that parents with all kinds of political views might have about their teenage daughters buying this pill without their knowledge…..

Full article here

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NPR: For the second week in a row, the Senate on Thursday voted down proposals to extend the payroll tax holiday through next year. In the case of the Democrats’ proposal, Republicans objected to the “millionaires surtax” that would be used to pay for it.

Ever since the idea of the surtax was introduced weeks ago, Republicans in Congress have railed against it, arguing that it is a direct hit on small-business owners and other job creators.

… We wanted to talk to business owners who would be affected. So, NPR requested help from numerous Republican congressional offices, including House and Senate leadership. They were unable to produce a single millionaire job creator for us to interview.

Full post here

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They’re eating each other alive, part 72,393:

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USA Today: As the withdrawal of U.S. forces from Iraq is completed this week, President Obama will kick off a string of military-related events this month by attending the Army-Navy game Saturday.

The Cadets and the Midshipmen tee it up at 2:30 p.m. at Fed-Ex Field in Landover, Md.

Vice President Biden and his wife, Jill, will attend the game with Obama.

Wednesday, the president and first lady Michelle Obama will travel to Fort Bragg, N.C., where the president will address the troops stationed there.

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President Barack Obama attends a National Security Council holiday party at Blair House, across the street from the White House, December 9

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Steve Benen: Rick Perry unveiled a rather ugly campaign ad this week, condemning gays for being able to “serve openly in the military,” and promising voters he’ll “end Obama’s war on religion.”

The Texas governor talked to CNN’s Wolf Blitzer this week, and to his credit, the host asked Perry to back up the language in the ad.

PERRY: [W]e’ve got a federal judge for instance in San Antonio that said these kids couldn’t say an invocation in school. I mean, they say you can’t even use the word invocation at their commencement. I mean, that’s —

BLITZER: Is that President Obama’s war on religion?

PERRY: I’m just giving you suggestions after what we are seeing from the left of which I would suggest to you, President Obama is a member of the left and substantial left of center beliefs that you can’t even have a Christmas party. You can’t say a prayer at school.

I’m beginning to think Perry was not blessed with an overabundance of intelligence….

Full post here

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Oh dear:

Steve Benen: It’s generally not too much to ask that major party presidential candidates know how many Supreme Court justices there are. Alas, Rick Perry, who’s already struggled to be coherent on a wide range of issues, flubbed this one, too.

…. Let’s count the errors of fact and judgment, because this a doozy.

(see post)

I’d swear this guy is getting dumber as the campaign progresses.

Full post here

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Hey, I forgot, it’s Friday! Thanks for the reminder LOL!

02
Dec
11

holy smoley, almost forgot………it’s friday

11
Nov
11

rise and shine

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:lol: Thanks Tally!

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In case you missed:

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NYT: For several months now, Reggie Love has been living two lives. Some days he is a part-time student at the University of Pennsylvania’s Wharton School, pursuing a master’s in business administration. On others he continues his role as personal aide, shadow, caretaker, basketball buddy and roving diplomat for the president of United States.

Recently his juggling act – White House work by day, statistics homework by night – proved too much, and Mr. Love, 30, made what friends and colleagues called a painful decision to leave the president’s side. His schedule had become so packed that “when he would describe it to you, you’d want to go to sleep,” said Arun Chaudhary, until recently the White House videographer.

Full article here

Thanks HZ

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McClatchy

Thanks amk ;-)

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Morning everyone – ooops, nearly forgot:

04
Nov
11

catching up

Political Humor

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Robert Shrum (The Week): The GOP’s desperate hunt for anyone but Mitt Romney – Herman Cain unravels. Rick Perry stumbles. And Republicans keep praying that someone will rescue them from the flip-flopping Romney.

… Maybe tea is a hallucinogen; maybe the GOP is demented – and it will nominate him (Cain) anyway. If that happened, it’s certain that President Obama would win by even more then he did in 2008.

….. He’s the latest in a procession of preposterous Republican candidates who have soared across the party’s firmament … The GOP’s primary voters have been relentlessly looking for Mr. Un-Romney…..

Full article here

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Alan Krueger (White House): Today’s employment report provides further evidence that the economy is continuing to recover from the worst economic downturn since the Great Depression, but the pace of improvement is not fast enough.

Private sector payrolls increased by 104,000, and overall payroll employment rose by 80,000 in October. The unemployment rate edged down 0.1 percentage point to 9.0 percent, a level that remains unacceptably high.

Despite adverse shocks that have created headwinds for economic growth, the economy has added private sector jobs for 20 straight months, for a total of 2.8 million jobs over that period. We need faster economic growth to put more Americans back to work. Today’s report provides further evidence for why it is so important that Congress pass the President’s American Jobs Act ….

More here

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Timothy Egan (NYT): For a Republican Party that has spent the better part of its presidential campaign proving that most of its candidates are not smarter than a fifth grader, the real scandal around frontrunner-of-the-moment Herman Cain is not what he knows. It’s what he doesn’t know.

…. China, said Cain with his clueless urgency, is “trying to develop nuclear capability.” Anyone who is gobsmacked by this category five level of ignorance concerning a country that has had nuclear weapons for more than 45 years has not been paying attention. Cain makes Sarah Palin, with her eagle-eyed view of Russia from Alaska, sound like a Council of Foreign Relations scholar on a gasbag high.

The clowns have finally taken over the circus, and I mean this with all due respect to those who labor with painted faces and oversized shoes…..

Full article here

Thanks Dorothy

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Steve Benen: On the Senate floor yesterday afternoon, Senate Republicans killed a popular jobs bill, despite the fact that a majority of senators supported the legislation. But the public’s understanding of what transpired will be shaped by the media’s coverage…..

…. CNN’s headline, at least online, read, “Competing infrastructure spending measures fail in Senate.” Here’s the lede: “In a pair of votes aimed more at making political points than law, the Senate rejected competing Democratic and Republican proposals to boost construction of roadways and other infrastructure projects.”….

Politico’s report was even worse. The headline read, “Senate gridlock: Both parties block jobs bills.” And check out the lede: “Rival Democratic and Republican jobs bills failed in the Senate on Thursday, the latest sign of the partisan gridlock gripping Washington…..”.

No, no, a thousand times, no. This just isn’t what happened…..

Full post here

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Long may he, eh, rain:

Cannes, Nov 4

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I forgot to post our Friday tune – thanks for the reminder WIW ;-)

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Don’t miss Extreme Liberal’s post:

Here

Thanks ChristiMtl

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Follow Henry on Twitter – here

Thanks Meta ;-)

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28
Oct
11

rise and shine – it’s friday

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AJC: Pushing a campaign to act without Congress, President Barack Obama will announce on Friday two more executive actions on the economy, both of them small steps intended to give a boost to businesses.

The moves cap a week in which Obama has sought to employ the power of his office as he struggles to make headway on his jobs bill on Capitol Hill.

Obama is directing government agencies to shorten the time it takes for federal research to turn into commercial products in the marketplace. The goal is to help startup companies and small businesses create jobs and expand their operations more quickly.

On the other front, Obama is calling for creation of a centralized online site, to be known as BusinessUSA, for companies to easily find information on federal services. The site is to be up and running within 90 days and will be designed with input from U.S. businesses.

Obama is announcing both steps in presidential memos to be released Friday morning, according to administration officials.

More here

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Washington Post: The U.S. economy grew at its fastest clip in a year during late summer as consumers and businesses shrugged off fears of a new recession, according to government data released Thursday that helped drive the stock market to its best day since August.

Investors were also cheered by overnight news that European leaders have reached an agreement on how to address their continent’s debt crisis, and the Standard & Poor’s 500-stock index ended the day up 3.4 percent. European markets were up even more sharply, with the German Dax index up 5.3 percent.

The agreement in Europe still has many details to be filled in, and the 2.5 percent pace of U.S. economic expansion in the third quarter isn’t enough to bring unemployment down quickly, even if it is sustained. But on both sides of the Atlantic, the news on Thursday offered a sense of relief: Maybe the world isn’t falling apart after all.

Full article here

National Journal: On the surface, it seems surprising that the U.S. economy nearly doubled its growth in the third quarter.

July brought tense debt-ceiling negotiations and threat of a government default. In August, a top credit ratings agency cut the United States’ top AAA rating. Concerns over European sovereign debt seeped into the U.S. and grew in September as the situation across the Atlantic appeared to be rapidly unraveling. Congress announced no major steps to fix the economy and the weak housing and labor markets treaded water.

But on Thursday, the Commerce Department announced that gross domestic product grew by 2.5 percent during that time, up from just 0.9 percent in the first half of the year.

While 2.5 percent GDP growth hardly signals boom times, it seems to fly in the face of those major headwinds. But economists say it reflects a gradual climb out of recession rather than a rapid shift in the country’s fortune.

…. The good news is that the third quarter shared many of the same uncertainties that are likely to shape the fourth: uncertainty over the budget and deficit, threat of a downgrade, and the European debt crisis. The economy, while hardly in fighting shape, pulled through the third quarter to eke out 2.5 percent GDP growth — which is not too shabby.

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AP: He is the man with the mustache who takes a rebellious drag on a cigarette in the Herman Cain Internet ad gone viral …. Meet Mark Block, Cain’s unorthodox campaign manager …. a Republican strategist and tea party leader who’s left a trail of questionable campaign work behind him.

Block has been accused of voter suppression and was banned from running Wisconsin political campaigns for three years to settle accusations he coordinated a judge’s re-election campaign with a special interest group.

Records show Block has faced foreclosure on his home, a tax warrant by the Internal Revenue Service and a lawsuit for an unpaid bill. He also acknowledges he was arrested twice for drunken driving…..

Full article here

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Eugene Robinson: The hard-right conservatives who dominate the Republican Party claim to despise the redistribution of wealth, but secretly they love it – as long as the process involves depriving the poor and middle class to benefit the rich, not the other way around.

That is precisely what has been happening, as a jaw-dropping new report by the nonpartisan Congressional Budget Office demonstrates. Three decades of trickle-down economic theory, see-no-evil deregulation and tax-cutting fervor have led to massive redistribution. Another word for what’s been happening might be theft.

Full article here

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ThinkProgress: House Republicans took the government to the brink of shutdown last spring by demanding across-the-board budget cuts to many vital programs. Instead of focusing on job creation, as Americans wanted them to, the GOP turned its attention to slashing funds for programs that funded assistance for women and children, local law enforcement, the social safety net, environmental protections, and many other programs they deemed as either too expensive or unnecessary. Worse, when challenged on why they hadn’t made the effort to tackle high unemployment, Republicans insisted that their slash-and-burn budget cuts were meant to create jobs.

….. According to a new report from the Center for American Progress’ Scott Lilly, those cuts didn’t result in the job creating boon Republicans insisted would follow. Instead, it has done just the opposite, as those cuts will result in the destruction of roughly 370,000 jobs……

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First lady Michelle Obama visited three Florida cities on Thursday for campaign fundraisers…. “This has been a great day,” the first lady told supporters in Ft. Lauderdale. “This is my third city in one day. And I go home tonight and Barack and I get up and go to parent-teacher conference tomorrow morning.”

“Just so you know,” she said. “Just handling our business.”

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The Hill: The government’s bailout of Fannie Mae and Freddie Mac might end up costing taxpayers billions less than originally estimated, the mortgage giants’ regulator said Thursday.

In a new report, the Federal Housing Finance Agency (FHFA) said the actual performance of the government-sponsored enterprises (GSEs) had been “substantially better” than originally projected, lowering the overall bill for the bailout, a longtime sore spot with GOP lawmakers.

…. So far, Fannie and Freddie are beating bailout expectations. In the first year of projections, the GSEs actually tapped the Treasury Department for $19 billion to $73 billion less than anticipated, depending on what scenario was applied.

Full post here

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