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Archive for July 2nd, 2010

GOP: No to Wall Street Regulation, Yes to TARP

Posted in Main Blog (All Posts) on July 2nd, 2010 4:51 am by HL

GOP: No to Wall Street Regulation, Yes to TARP
Republicans have spent the better part of two years distancing themselves from bailouts and hitting Democrats for supporting them. But given a choice between continuing the 2008 bank bailout and regulating Wall Street, several Republicans voted last night (and almost all of them will ultimately vote) to keep the bailout alive.


Late Late Night FDL: She Left Me For Jesus

Posted in Main Blog (All Posts) on July 2nd, 2010 4:50 am by HL

Late Late Night FDL: She Left Me For Jesus
Hayes CarllShe Left Me For Jesus.

Hayes CarllShe Left Me For Jesus.

What’s on your mind?

Orange you glad the week’s over?
John Boehner, human knock-knock joke.

It’s been a tough week for a lot of people, World Cup Refs, English Football Fans, American Soccer Fans, Canadian Foosball Fans, and guessing by the job numbers coming out today, everyone.

But then there is John Boehner?

This week Boehner said the retirement age should be raised so we can pay for more wars (not that Nancy Pelosi would disagree); compared the economic collapse to a mildly bothersome ant; he caved to intellectual titan Steve King; he had Eric Cantor stab him in the back; he had Joe Scarborough say he’s reputed as fairly lazy and liking his booze, a lot.

Oh, and he took a brave stand against a very modest tanning tax, no doubt selflessly.

And finally he ends the week by accusing Obama of liking to whine.

I guess he prefers the alternative.


Richard Shelton on Arctic Exploitation

Posted in Main Blog (All Posts) on July 2nd, 2010 4:49 am by HL

Richard Shelton on Arctic Exploitation
Is it too much to hope that a region once revered by its native people will be respected by those who now seek its riches? Three recent books delve into the matter.

arctic

Is it too much to hope that a region once revered by its native people will be respected by those who now seek its riches? Three recent books delve into the matter.

Related Entries



Al Eisele: Lee Hamilton: A Hoosier Patriot

Posted in Main Blog (All Posts) on July 2nd, 2010 4:48 am by HL

Al Eisele: Lee Hamilton: A Hoosier Patriot
As he prepares to return home after 45 years in the nation’s Capital, former Rep. Lee Hamilton says the question posed by Abraham Lincoln in…

Joseph A. Palermo: Afghanistan Again
After nine years of war the U.S. occupation of Afghanistan lacks support at home and is widely recognized as a drain on the domestic economy…

William Bradley: Meg Whitman Spins and Spends: Mrs. Harsh Faces A Harsh Reality
With campaigning disappearing as we head into the 4th of July weekend, something remarkable has taken place in the race to replace term-limited Arnold Schwarzenegger…

Alvin McEwen: What dummy chose Tony Perkins as a witness against Elena Kagan?
During Elena Kagan’s confirmation hearing, one fact falling under the radars unfortunately are the witnesses invited to testify against her. To be more specific,…


Fox confuses “bailout” with “stimulus” and declares the stimulus “didn’t work”

Posted in Main Blog (All Posts) on July 2nd, 2010 4:46 am by HL

Fox confuses “bailout” with “stimulus” and declares the stimulus “didn’t work”

Fox News repeatedly attacked President Obama’s recent town hall remarks on the stimulus by falsely referring to it as the “bailout” and claiming that it “didn’t work.” In fact, the “bailout” was first enacted under the Bush administration, and the stimulus has been estimated by both the White House and independent analysts to have increased employment by about 2 million jobs relative to a baseline estimate of what jobs levels would have been without the stimulus.

Doocy confuses stimulus with Bush’s “bailout”

Doocy repeatedly mislabels the stimulus fund “bailout.” Twice during the July 1 edition of Fox News’ Fox & Friends, co-host Steve Doocy teased segments on Obama’s remarks regarding the stimulus fund’s effect on employment by referring to it as “the bailout.” At the beginning of the show, Doocy said, “Meanwhile, the bailout has not created the jobs the president has expected, but he says there’s still a bright side.” Doocy repeated the same line later in the show.

In fact, the “bailout” refers to TARP, a Bush policy. Obama’s comments during his June 30 town hall in Racine, Wisconsin — to which Doocy is referring — were in reference to the stimulus fund, not the so-called “bailout.” “Bailout” refers to the Troubled Asset Relief Program (TARP), which was report on the job impact of a “prototypical” stimulus package “in the range that the President-Elect has discussed,” Christina Romer and Jared Bernstein estimated that a stimulus package would raise employment by between “3.3 to 4.1 million jobs” by the end of 2010. The report clearly notes that this estimate is calculated “relative to the no-stimulus baseline.”


Presented By:

Posted in Main Blog (All Posts) on July 2nd, 2010 4:45 am by HL

Presented By:

New AZ Racial Sensitivity Training Video: Don’t Prove The Media Right! (VIDEO)
Arizona, as part of its new immigration law, today released an hour-long training video that will be shown to law enforcement officers to train them in how not to engage in racial profiling.


Racial profilingLawArizonaTrainRace-Ethnic-Religious Relations


An Interview We’d Like To See

Posted in Main Blog (All Posts) on July 2nd, 2010 4:41 am by HL

An Interview We’d Like To See
I pity the fool who tries to cut Mr. T’s mike!


Harsh Words Can Pull in Campaign Cash

Posted in Main Blog (All Posts) on July 2nd, 2010 4:40 am by HL

Harsh Words Can Pull in Campaign Cash
USA Today notes that of the top 10 fundraisers for House seats this election season, three have come under fire for their comments, including Rep. Joe Wilson (R-SC), Rep. Alan Grayson (D-FL) and Rep. Michele Bachmann (R-MN).

Skip the August Recess?
Democratic strategist Robert Shrum says Democrats should hold keep Congress in special session this August to highlight their differences with the Republicans on jobless benefits, financial reform and energy policy.

“As they face the midterms, Democrats and the President plainly need something more than rallies, emails, fundraising appeals and television ads. Perhaps the best way out of the political swamp that threatens them would be staying in the Washington swamp this August. It also has the additional virtue, often rare in election year politics, of being right on the merits.”

Who are the Tea Partiers?
A USA Today/Gallup poll finds that three of 10 Americans describe themselves as Tea Party supporters — equal to the number who call themselves Republicans — “though many of them acknowledge they aren’t exactly sure what that allegiance means.”

In fact, the Tea Party “is less a classic political movement than a frustrated state of mind.”

“What unites Tea Party supporters is less their geography or demography than their policy views: a firm conviction that the federal government has gotten too big and too powerful and a fear that the nation faces great peril. Nine in 10 are unhappy with the country’s direction and see the federal debt as an ominous threat to its future. Almost as many say neither President Obama nor most members of Congress deserve re-election.”


Is John Stossel More Dangerous Than Glenn Beck?

Posted in Main Blog (All Posts) on July 2nd, 2010 4:39 am by HL

Is John Stossel More Dangerous Than Glenn Beck?
Meet the brand new nutty Fox News host, who thinks unregulated capitalism can solve America’s racial problems.

Meet the brand new nutty Fox News host, who thinks unregulated capitalism can solve America's racial problems.

4 Easy Ways to See How Obama’s Strategy in Afghanistan Isn’t Working
Counterinsurgency is down for the count in Afghanistan… but the war machine grinds on and on and on.

Counterinsurgency is down for the count in Afghanistan… but the war machine grinds on and on and on.

Why Did It Take a Rock Magazine to Report the Military’s Total Disaster in Afghanistan?
Anyone in the Pentagon press corps could have written the story that took down McChrystal. So why did it appear in Rolling Stone?

Anyone in the Pentagon press corps could have written the story that took down McChrystal. So why did it appear in Rolling Stone?

Rich White Men Are Doing Just Fine — It’s Men and Women of Color Who Continue to Fall Behind
We keep hearing that women are surging ahead in school and work, and that men are falling behind. What we don’t hear is that most of these discrepancies come from race.

We keep hearing that women are surging ahead in school and work, and that men are falling behind. What we don't hear is that most of these discrepancies come from race.


Good News, I Hope

Posted in Main Blog (All Posts) on July 2nd, 2010 4:38 am by HL

Good News, I Hope
I wrote earlier this month that TMPCafé had not been working well because we screwed up implementing some fixes and improvements to the site. As I mentioned then, we had to hire outside programmers to help us resolve the problems….



FacebookSocial networkTwitterGood NewsOnline Communities

Weigelgate: Jeff Goldberg’s Jealousy
I understand that the Dave Weigel story is pretty much only relevant here in the “village.” I doubt interest in the story even crosses the district line. Nonetheless, it is significant because of what it says about the establishment media….


Washington PostEzra KleinDave WeigelMiddle EastConservatism

In Deficit “Town Meetings,” People Reject America Speaks Stacked Deck
On Saturday, the group known as America Speaks (funded by Wall Street mogul Peter G. Peterson and two other foundations) brought together several thousand people in meetings in 60 cities. They gave participants misleading background information about the Federal deficit…


United StatesAmericaSpeaksSocial SecurityPeter George PetersonPolitics