Greg Sargent: Why GOP will buckle on tax rates for rich: Doyle McManus of the Los Angeles Times has a very good overview of the situation: Republicans know that going over the cliff won’t be that damaging in the short term; they know Obama is prepared to go over it without a deal to raise tax rates on the rich; and they know they’ll have to yield sooner or later. It’s good to see more news outlets getting it right on the basic dynamic here.
Dick Armey left the deep-pocketed tea party group he helped build over a clash with a top lieutenant …. [he] received an $8 million buyout….
Remember, the tea party is a grass-roots movement, a spontaneous uprising of ordinary Americans against the snooty, coffee-drinking elite.
ThinkProgress: …. Sen-elect Elizabeth Warren, a dogged consumer advocate whose critique of Wall Street excess was a centerpiece of her campaign, will join the Senate Banking Committee. Wall Street spent boatloads of money to prevent Warren’s election, but now she will have oversight of the rules and regulations under which banks operate….
…. Several Senate candidates supported by Wall Street wound up losing. As a member of the Banking Committee, Warren will have the opportunity to stand against both the watering down of the Dodd-Frank financial reform law and new misguided efforts to reduce limits on Wall Street.
Liberal Librarian (The People’s View): …. it’s also part and parcel of the modern Republican Party: its narrow-mindedness; it’s utter lack of regard for anyone not of its circle — and often not even them; its disbelief in any kind of common humanity which binds together the world’s peoples. A convention which has been US domestic law for 22 years becomes suspect when it returns from the foreign recesses of the UN. A health care law which incorporated many once-mainstream Republican ideas becomes the greatest tyranny ever faced by the nation when translated into action by a foreign usurper.
And that’s just a taste of the international reaction to the Snow poll.
Yes, Snow won – in an avalanche.
But because it’s playing havoc with some people’s browsers – just like last year – there’ll only be the occasional sprinkle. “So what was the flippin’ point in having a snow poll,” I hear you ask. Eh, good question.