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Archive for March 3rd, 2009

Rahm Emanuel: Limbaugh Is the Voice of the GOP

Posted in Main Blog (All Posts) on March 3rd, 2009 5:42 am by HL

Rahm Emanuel: Limbaugh Is the Voice of the GOP

Emanuel

What does the future hold for the Grand Old Party? For his part, President Obama’s Chief of Staff Rahm Emanuel gave some credit, however credible, to Rush Limbaugh as an intellectual force to be reckoned with on the right. Here’s what Emanuel had to say on Sunday’s “Face the Nation.”

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Cheney Deposition Ordered In Lawsuit By Ski Resort Protester

Posted in Main Blog (All Posts) on March 3rd, 2009 5:41 am by HL

Cheney Deposition Ordered In Lawsuit By Ski Resort Protester
DENVER — Former Vice President Dick Cheney will have to give his account — under oath, in a legal deposition — of what happened at…

Byron Williams: California Must Change the Way it Does Business
The art of compromise has been all but permanently removed from the lexicon of California’s political practices.

Letterman Calls Rush Limbaugh A “Bonehead,” Makes Katie Couric Laugh And Cringe
David Letterman had CBS News anchor Katie Couric doubled over with laughter when he referred to Rush Limbaugh as a “bonehead” and described his shirt-unbuttoned…

Nancy-Ann DeParle, Health Aide Tapped By Obama, Has Links To Industry
In picking Nancy-Ann DeParle to champion an overhaul of the nation’s health system, President Obama selected someone with deep roots in the Washington bureaucracy, an…

Stuart Whatley: Why The Hell Was Secret White House Helicopter Data Found On A Computer In Iran?
It is a case of perverse but predictable irony that the first administration to truly harness the Internet’s full power likewise faces the greatest threat from it.


America’s New Base in Asia

Posted in Main Blog (All Posts) on March 3rd, 2009 5:40 am by HL

America’s New Base in Asia
PYONGTAEK, South Korea-The cold wind sweeps down from the Siberian steppes across Manchuria and onto the Korean peninsula, thence to brush over a wide expanse of rice paddies on which is being built a huge American military base. From here, expeditions could be launched to any troubled place in Asia. The conversion of Camp Humphreys, long a small isolated post, into the US Army Garrison Humphreys over the next eight years will turn it, along with the nearby US air base at Osan, into a hub in the consolidation of US forces in South Korea into 47 posts from the present 104 sites. Of the 28,500 US troops remaining in Korea after recent reductions, 18,000 will be here and another 5600 in Osan.


On Merrill Bonuses B of A’s Statements Don’t Match Reality

Posted in Main Blog (All Posts) on March 3rd, 2009 5:39 am by HL

On Merrill Bonuses B of A’s Statements Don’t Match Reality
As New York Attorney General Andrew Cuomo’s investigation continues, it’s becoming increasingly clear that Bank of America, and its CEO Ken Lewis, haven’t been straight on the subject of what they knew about those outlandish Merrill bonuses. ABC News yesterday…





The Daily Muck
A charity co-founded by Sen. Orrin Hatch (R-UT) — a key Congressional champion of the pharmaceutical industry — has received over $172,000 in contributions from drugmakers. Hatch’s son has also been hired as a lobbyist by the industry. Big Pharma’s…

Stanford Provided Majority Of Funds For Group That Sponsored Lawmaker Junkets
From the start of the Allen Stanford mess, we’ve sort of had a hunch that the Inter-American Economic Council — which paid for several Caribbean junkets and other events for US lawmakers — was largely a creature of the Texas…


Primary Today in IL-5

Posted in Main Blog (All Posts) on March 3rd, 2009 5:37 am by HL

Primary Today in IL-5
A special primary campaign for the House seat vacated by Rahm Emanuel concludes today, as voters in Illinois’ 5th District — most of whom are Democrats — choose the candidates for the April 7 general election, CQ Politics reports.

The Chicago Tribune has profiles of the twelve candidates running.

Polls will close at 7 p.m., which is 8 p.m. Eastern time.

Blacks, Whites Hear Obama Differently
Does President Obama practice dog whistle politics?

On matters of racial identity, Politico makes the case that he does.

“His language, mannerisms and symbols resonate deeply with his black supporters, even as the references largely sail over the heads of white audiences. This is part of the reason that as a candidate, Obama won intense support among African-Americans while never being branded, in the fashion of a Jesse Jackson, as a candidate defined by race.”


LaVena Johnson: Raped and Murdered on a Military Base in Iraq

Posted in Main Blog (All Posts) on March 3rd, 2009 5:36 am by HL

LaVena Johnson: Raped and Murdered on a Military Base in Iraq
Military authorities claimed she committed suicide in her tent in Iraq, but autopsies revealed she had been brutally attacked and raped.

LaVena Johnson: Raped and Murdered on a Military Base in Iraq
Military authorities claimed she committed suicide in her tent in Iraq, but autopsies revealed she had been brutally attacked and raped.

AIG Bailed Out Again, but Endless Fire-Drills Don’t Put Out Fires
Pumping more money into the financial giant reflects rampant cluelessness and a misplaced belief that inaction is worse than action.


I Dream of Gini

Posted in Main Blog (All Posts) on March 3rd, 2009 5:35 am by HL

I Dream of Gini
These three statements can all be true at the same time: 1. An annual income of $250,000 does not make you rich. 2. An annual income of $250,000 leaves you better off than most other families, by a long shot….





The Santelli Screed Hits Wrong Target on Mortgage Bailout
Commodity trader Rick Santelli made himself into a national hero of sorts with his televised diatribe about being forced to pay the mortgages of “losers” who could not afford, or would not pay, the full cost of their mortgage. Santelli…

Tim Geithner, Wake Up
In the month of January as stocks continued to fall, a smart investor could make some money in the bond market. But in February, even bonds began to falter and as Warren Buffet remarked over the weekend, Treasuries may be…


ThinkFast: March 2, 2009

Posted in Main Blog (All Posts) on March 3rd, 2009 5:34 am by HL

ThinkFast: March 2, 2009
Last night the federal government agreed to provide an additional $30 billion in taxpayer money to the American International Group. AIG is expected to report a $62 billion loss today, the biggest quarterly loss of any company in history. The U.S. government already owns 80 percent of AIG’s holding company as the result of four […]

aigweb.jpg

Last night the federal government agreed to provide an additional $30 billion in taxpayer money to the American International Group. AIG is expected to report a $62 billion loss today, the biggest quarterly loss of any company in history. The U.S. government already owns 80 percent of AIG’s holding company as the result of four previous financial interventions totaling $150 billion.

President Obama is putting his effort to pass health-care-reform legislation into high gear this week. “The president will announce Kansas Gov. Kathleen Sebelius as his choice to head HHS on Monday afternoon, and he may also name a new director of the White House office on health reform.” Later in the week, the White House will host a summit to discuss overhauling the health care system.

Secretary of State Hillary Clinton called on Arabs, Israelis and the international community “to break the cycle of Mideast violence” at a conference in Egypt today and said that the U.S. will pledge $900 million to provide humanitarian assistance in the Gaza strip and to boost the Palestinian economy. Clinton added that none of the money would go to Hamas.

The Washington Times reports that the pharmaceutical industry has directed large sums of money to a charity that Sen. Orrin Hatch (R-UT) helped found. “The donations, $172,500 in all, came at the same time that the Pharmaceutical Research and Manufacturers of America (PhRMA) was paying one of Mr. Hatch’s sons, Scott, to be its lobbyist in Congress.”

Rep. Ellen O. Tauscher (D-CA) will introduce legislation today to overturn the ban against gay men and women serving openly in the military, a Tauscher aide told Politico. In January, White House Press Secretary Robert Gibbs said that President Obama was “committed to following through” on his promise to end the “Don’t Ask, Don’t Tell” policy.

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AP Ignores Cries Of ?Socialism,? Claims That Congressional Republicans Have ?No Desire To Demonize? Obama
This morning, AP writer Jim Kuhnhenn wrote that “congressional Republicans show no desire to demonize President Barack Obama, so they’re condemning Democratic leaders instead.” As evidence, Kuhnhenn quotes Rep. Eric Cantor (R-VA), the House Minority Whip, saying that “We want to work with this president“: Listen to the No. 2 Republican leader in the House, Rep. […]

boehnermitch.jpgThis morning, AP writer Jim Kuhnhenn wrote that “congressional Republicans show no desire to demonize President Barack Obama, so they’re condemning Democratic leaders instead.” As evidence, Kuhnhenn quotes Rep. Eric Cantor (R-VA), the House Minority Whip, saying that “We want to work with this president“:

Listen to the No. 2 Republican leader in the House, Rep. Eric Cantor of Virginia. “We want to work with this president,” he said Sunday. “We want people to regain their confidence in Washington. And what people are looking for is results.”

But what of the $787 billion economic recovery legislation that not a single Republican in the House supported? That, Cantor said, was “Speaker (Nancy) Pelosi’s stimulus bill.”

But Kuhnhenn’s thesis ignores the effort by the congressional GOP to paint Obama and his policies as socialist in nature. For instance, at CPAC last week, Sen. Jim DeMint (R-SC) called Obama “the world’s best salesman of socialism“:

Sen. Jim DeMint of South Carolina, the only member of the senate to earn a perfect rating from the American Conservative Union, called President Obama “the world’s best salesman of socialism” on Friday in describing his prime time speech earlier this week.

DeMint, a fierce opponent of government expansion, told the CPAC crowd that conservatives might have to “take to the streets to stop America’s slide into socialism.”

It isn’t just the backbenchers like DeMint who are demonizing Obama as a socialist. Members of the GOP congressional leadership are pushing that line of attack as well:

– Last week, House Republican Leader John Boehner (R-OH) called Obama’s budget proposal “one big down payment on a new American socialist experiment.”

– Senate Minority Leader Mitch McConnell (R-KY) has said that Obama is trying “to basically Europeanize America.”

– At CPAC, Rep. Mike Pence (R-IN), the third-ranking Republican, denounced Obama’s economic agenda as “European-style socialism.”

Apparently, the AP doesn’t consider attempts to cast Obama as a socialist to be efforts to demonize him.


Obama Makes Overtures to Russia on Missile Defense

Posted in Main Blog (All Posts) on March 3rd, 2009 5:32 am by HL

Obama Makes Overtures to Russia on Missile Defense
President Obama has sent a letter to his Russian counterpart that raises the prospect of the United States halting development of its missile defense program in Eastern Europe if Russia helps resolve the threat posed by Iran’s nuclear program, senior administration officials said last night.

President Obama Taps Gov. Kathleen Sebelus (D-Kan.) to Lead HHS
SPEAKERS: PRESIDENT BARACK OBAMA GOV. KATHLEEN SEBELIUS, D-KAN. NANCY-ANN DEPARLE, DIRECTOR, WHITE HOUSE OFFICE FOR HEALTH REFORM [*] OBAMA: Hello, everybody. Last week, I unveiled a fiscal blueprint for America’s future, one that reflects the stark reality of our financial crisis while laying…

Agape With Wrath
Apparently John McCain was operating under a 120-day cooling-off period.

A Race Among Equals, Almost
CHICAGO, March 2 — Some special elections become a referendum on policy or party. But the primary here on Tuesday is not one of those.


Pakistan’s Peril

Posted in Main Blog (All Posts) on March 3rd, 2009 5:30 am by HL

Pakistan’s Peril

In Iraq, Bush’s Aims May Be Achieved After All

Bad Medicine: Health Care Rationing Ahead
Sally Pipes, New York Post

The Millennial Generation Test
Gregory Rodriguez, Los Angeles Times