Morning Must Reads: Meek

Reuters/Hans Deryk

–Remember when Scherer wrote that Florida had the best Senate race in America? It still manages to be fascinating despite Marco Rubio’s robust lead. The drama unfolding there is, well, dramatic. I would (re)direct you to our Miami bureau chief Tim Padgett. Reading between the lines: With Charlie Crist cajoling and egging them on, national Dems pushed  — through private avenues then public — to get Kendrick Meek out. At very least, they’re now trying to plant the seed of doubt in Florida voters’ minds. In many ways, Crist has dogged Meek at every turn; first with his part in the contentious Republican primary that sucked attention away from Meek’s budding candidacy, then siphoning votes (and eyeballs and dollars) away when Crist left the GOP, and now with his 11th hour play to force Meek out.

–Ben Smith, who had the scoop in the first place, thinks the White House was a passive bystander in all this.

–Don’t think Obama’s visit to campaign for Tom Perriello today is about winning over opposing votes — Obama lost the 5th district in 2008. (That’s right, there were McCain-Palin-Perriello voters.) It’s about doing a loyal warrior a solid and trying to boost turnout from the base.

–With the specter of Harry Reid’s defeat looming, Maggie Haberman writes up the natural storyline of an ascendant Chuck Schumer (or Dick Durbin.)

–Will the White House enter a defensive crouch on policy post-midterms?

–There’s at least one Republican for more fiscal stimulus: Ben Bernanke. The Times reports the Fed chairman thinks it would make the coming round of monetary stimulus more effective, but is wary of wading into political waters.

–Paul Volcker still wants to keep his eponymous rule barring proprietary trading vague so that it can be broadly interpreted.

NPR reports private corrections interests advocated for Arizona’s immigration law.

–Esteemed Swamp alum Karen Tumulty profiles Newt Gingrich’s reemergence.

A classic dispatch on Ron Paul discussing 2012 in Iowa:

He added that if there’s an economic rebound, the dollar is solid and there is full employment, there won’t be many buyers for his message of imminent crisis due to the country’s monetary and fiscal policies.

–Mitch McConnell and company prepare for the arrival of the Tea Party Caucus.

–Tom Tancredo racializes the Colorado governor’s race.

–Dennis Kucinich sweats a bit.

–Watch the wave cresting: A roundup of House, Senate and governors ratings from around the web.

–The economy grew at a fairly lethargic 2 percent annual rate in the third quarter.

–And only Michelle Obama’s sartorial selections can save us now.

What did I miss?

E-mail Adam

Related Topics: 2012 Election, Barack Obama, Democratic Party, Economy, Miscellany, Republican Party, Senate, State Governments, White House
  • Latest on Swampland

    Pete Souza / White House

    Obama’s Persuasive Powers on Gay Marriage Manifest in Maryland

    When President Obama endorsed gay marriage earlier this month, the media grappled with two basic political questions: Was his personal “evolution” a case of  a politician transparently following a national trend toward accepting same-sex unions (accelerated, perhaps, by his chatty number two), and would it hurt his re-election chances by alienating socially conservative voters like black churchgoers? Sure, there was a recognition that it marked a gratifying moment for gay marriage advocates—as well as some grumbling about the President’s view that it remains a state issue, not a federal one. But by and large, there were few suggestions that one man, even the President, would shift public opinion on the issue or affect public policy. Based on a new Public Policy Polling survey out of Maryland, it seems this possibility was underestimated.

    Lewis Eisenberg, Major Romney Donor, Accuses Obama Of Demonizing Wall StreetHuffPost Politics

    Cherokee Zero

    Apparently, Massachusetts voters don’t mind that Elizabeth Warren foolishly identified herself as a Native American early in her academic career–it was, apparently, a case of family pride and wishful thinking about a Cherokee ancestor. That’s good. Warren may be the best public figure when it comes to explaining the depredations of the financial industry and [...]

  • newfreedomblog

    MoveOn.Orgy’s staging of controversial races. On their own website, MoveOn.Org the premiere far left liberal extremist site continues to blur what is and what is not acceptable political tactics.
    .
    Stating the following;
    .

    So this election season, it’s up to us to expose the unprecedented flood of corporate cash to Republican campaign coffers. We’re launching a massive Republican bird-dogging campaign. Here’s how we’ll do it:
    .
    Councils across the country will birddog Republican candidates for Congress as “RepubliCorp”—the corporate “merger” between corporate special interests and the Republican party that is driving the hostile takeover of our government.
    .
    Because the election is just weeks away, we can’t wait for the media to come to us. So we’ll show up as RepubliCorp corporate lobbyists and CEOs at every Republican target’s public appearance—fundraisers, rallies, debates, parades, and more.
    .
    We’ll paraody this corporate merger by presenting our Republican targets with a RepubliCorp “Employee of the Month” certificate or awarding Republicans with a massive campaign contribution check from RepubliCorp.
    .
    We’ll go straight to the TV and newspaper reporters at these events to make sure our RepubliCorp message gets in the local media and exposes to voters that Republicans in this race are bought and paid for by the big corporations that bankrupted this country.

    .
    Is this all that is left of the big liberal machine? Sad, so very sad.
    .
    http://www.moveon.org/team/campaigns/republicorp/

  • newfreedomblog

    The Real Clear Politics “map” of the Senate races doesn’t look good at all for Democrats. With just days to go, the total seats break down to 49 for Dems and 45 for Reps.
    .
    6 Seats represent those which are “toss ups”. They are Pennsylvania, West Virginia, Washington, Nevada, Illinois, and Colorado. Of those, Washington and West Virginia may hold the key as to who will take over a majority. Both races are nearly deadlocked in all polls.
    .
    However, I believe what is lost in all polls and what cannot be put into the computer models is the anger or anti-incumbency factor. There are no historical models to predict the anger which abounds out in America. Those polls which do record voter anger show overwhelmingly that people want a change of the old guard in Washington. Seats traditionally held by either party are going to change. Both Washington and West Virginia have been historically held for many years by Democrats. This will ultimately decide the control of the Senate going forward.
    .
    Prediction: Republicans 51 Democrats 49

  • grape_crush

    What did I miss?

    The effects of the SBJA.

    “Just one month after the President signed the Small Business Jobs Act, SBA has supported nearly $3 billion in loans to more than 5,000 small businesses across the country. That’s more than 5,000 small business owners who’ve felt first-hand, within one month, the impact this new law is having on our economy: from Peabody Engineering, a tank and fiberglass manufacturer in Southern California that is using a Jobs Act loan to hire 10 more workers, to Caudill Web Design here in our nation’s capital, who will use their Jobs Act loan to hire more programmers to meet increased demand.

    In all, we estimate the $505 million provided in the Jobs Act for these loan enhancements will support about $14 billion in small business loans. That’s a $14-billion boost for America’s small businesses and just one of the reasons that the passage of this new law was a top priority for President Obama. The Jobs Act also includes $12 billion in tax credits targeted specifically to small businesses and a $30-billion lending fund that will help small, community banks increase their lending to local small business owners and entrepreneurs.”

  • grape_crush

    Yes, Obama is anti-business, isn’t he?

    “Does President Barack Obama deserve credit for the fact that corporate profits have risen faster under him than during any other 18-month period since the 1920s?

    Profits have surged 62 percent from the start of 2009 to mid-2010, according to the Commerce Department. That is faster than any other year and a half in the Fabulous ’50s, the Go-Go ’60s or the booms under Presidents Ronald Reagan and Bill Clinton.

    Under another president, especially a Republican president, the data on corporate profits would be envied. George W. Bush, who dedicated a good deal of his presidency to tax cuts aimed at boosting business profits, probably would have loved such results. It took Bush nearly four years to post the gains that Obama has managed in less than half the time. [...]

    …the profit growth has been driven not by revenue gains but by businesses cutting workers to boost productivity. He conceded, however, this was also the story during Bush’s ‘jobless recovery’ and acknowledged that Obama probably did deserve some credit for stabilizing the chaotic financial system he inherited in 2009.

    Nonetheless, noncorporate business has not thrived under Obama: Profits from those mostly smaller businesses are basically flat for the past 18 months, far worse than the gain under Bush and most other presidents just after recessions.”

    (conversely, big business is sitting on a lot of cash and choosing not to hire, citing demand issues)

  • grape_crush

    Party crashers.

    “The tea party’s volatile influence on this election year appears to be doing more harm than good for Republicans’ chances in some of the closest races in the nation, in which little-known candidates who upset the establishment with primary wins are now stumbling in the campaign’s final days.

    In Kentucky, a volunteer for tea-party-backed Senate candidate Rand Paul was videotaped stepping on the head of a liberal protester. In Delaware and Colorado, Senate hopefuls Christine O’Donnell and Ken Buck, respectively, are under fire for denying that the First Amendment’s establishment clause dictates a separation of church and state. In Nevada, GOP Senate nominee Sharron Angle is drawing rebuke for running TV ads that portray Latino immigrants as criminals and gang members.

    Perhaps the most dramatic tea party problems are in Alaska, where Republican Senate candidate Joe Miller is suffering another round of unfavorable headlines after it was revealed late Tuesday that he had admitted lying about his misconduct while working as a government lawyer in Fairbanks.[...]

    Miller, who was considered a shoo-in just two months ago when he defeated Sen. Lisa Murkowski in the Republican primary, was already falling quickly in GOP and Democratic internal polls before Tuesday’s revelations, strategists said.[...]

    ‘In state after state, Republicans nominated a less viable general-election candidate, and that’s more on display than ever in these final days of the campaign,’ said Eric Schultz, a spokesman for the Democratic Senatorial Campaign Committee.”

  • newfreedomblog

    What power and money can get you. Days after a political fundraiser, Google is no longer under investigation. Imagine that!!
    .
    http://biggovernment.com/kboehm/2010/10/28/ftc-drops-investigation-of-google-less-than-a-week-after-company-execs-host-obama-fundraiser/
    .

  • grape_crush

    “It’s a good thing Obama saved the automotive industry”.

    Chrysler Group LLC will spend $600 million to upgrade production at its Illinois assembly plant, bringing the auto maker’s total announced U.S. investment to $2.1 billion since its exit from bankruptcy court last year.

    The company will use the funds to build a body shop and install new machines at the Belvidere assembly plant to support the production of future models in 2012. The plant is home to the Jeep Compass, Jeep Patriot and Dodge Caliber.

    “New production means more work means more jobs. In other words, it’s good news. As a political matter, MSNBC’s First Read noted in July, ‘We said it at the time: As the [auto industry] bailout goes, so goes the Obama presidency. It was the bailout everyone in America could understand, and it wasn’t popular…. A year later, however, the Obama administration believes it has a good story to tell.’

    The administration’s right. Republicans were prepared to let the American auto industry fail at the height of the Great Recession, but President Obama rescued it instead. If the auto bailout and Obama’s presidency are inextricably tied, the White House has reason to boast.”

    (related:

    “General Motors Co. said today it is buying back all of the Treasury Department’s $2.1 billion in preferred stock, and has obtained a $5 billion line of credit from a group of banks.

    The automaker said it is taking a number of steps to pare its debt and pension obligations by $11 billion, including making a contribution of at least $6 billion in cash and stock to its underfunded employee pension plans. It also will make a $2.8 billion payment to a United Auto Workers retiree health care trust fund.”

    http://www.detnews.com/article/20101028/AUTO01/10280462/GM-buying-U.S.-preferred-stock )

  • http://forgottenlord.livejournal.com forgottenlord

    Of course, it is entirely possible that anger and anti-incumbancy might already be factored into the polls since, y’know, the people would already be answering “who are you going to vote for?” which means that would be after they’re already angry and anti-incumbant.
    .
    The real question is the difference between registered and likely voters. The reason is that in an enthusiasm gap, registered voter polls are going to be biased towards the less enthused party compared to likely voters and likely voters is more likely to reflect actual voting trends. The enthusiasm gap between Republicans and Democrats has, IIRC, created as much as 12 point swings. So do those polls deal with registered or likely voters?

  • grape_crush

    “Be afraid. Be very afraid.”

    “When Republicans took control of Congress in 1994, the U.S. economy had strong fundamentals. Household debt was much lower than it is today. Business investment was surging, in large part thanks to the new opportunities created by information technology — opportunities that were much broader than the follies of the dot-com bubble.

    In this favorable environment, economic management was mainly a matter of putting the brakes on the boom, so as to keep the economy from overheating and head off potential inflation. And this was a job the Federal Reserve could do on its own by raising interest rates, without any help from Congress.

    Today’s situation is completely different. The economy, weighed down by the debt that households ran up during the Bush-era bubble, is in dire straits; deflation, not inflation, is the clear and present danger. And it’s not at all clear that the Fed has the tools to head off this danger. Right now we very much need active policies on the part of the federal government to get us out of our economic trap.

    But we won’t get those policies if Republicans control the House. In fact, if they get their way, we’ll get the worst of both worlds: They’ll refuse to do anything to boost the economy now, claiming to be worried about the deficit, while simultaneously increasing long-run deficits with irresponsible tax cuts — cuts they have already announced won’t have to be offset with spending cuts.”

  • freeinpa

    The liberals have long celebrated that 30-40% of the stimulus package was middle class “tax cuts”. Actually most was adjustments to tax withholding that amount to $32-60 per month. Now these same helpful liberals will now take back in less than 6 months the entire “tax cut” they gave over the past 2 years to these folks as the Democratic Congress did not hold any vote on extending the Bush tax cuts.

    Come January 1, the average household earning between $20 and $80 thousand dollars annually will see their Federal tax bill increase by roughly $175 a month. An average of a $2100 a year in reduced income for hundreds of millions of Americans, all because the Obama administration and a leftist Congress intend to allow the Bush-era “tax cuts for the rich” to expire on December 31st.

  • jsfox

    Your right they need to be more like the Tea Party and stomp on a person’s head to make a point.

  • grape_crush

    The solution to the mortgage crisis.

    “It involves a lot of work, it involves a lot of money, it won’t be easy and the banks are going to hate it… What you do is something you call principal reduction, where you take the old mortgage, the big mortgage, which is now as we know legally suspect… you take that slightly dodgy old mortgage, which in any case is very unlikely, statistically speaking, to ever get fully repaid, and you reconfigure it, you swap out for a new mortgage with a lower principal amount which is actually less than the total amount of the house so the homeowner has a strong incentive to continue paying that mortgage. And in doing so, because this is a brand new fresh mortgage, you know that this is legally watertight, and it’s going to be able to stand up to legal scrutiny.”

    (video at the link)

  • grape_crush

    The inquiry of the lenders continues.

    “All 50 states on Oct. 13 announced a coordinated inquiry into whether banks and loan servicers used false documents and signatures to justify hundreds of thousands of foreclosures. The probe came after JPMorgan and Ally Financial Inc.’s GMAC mortgage unit said they would stop repossessions in 23 states where courts supervise home seizures and Bank of America froze foreclosures nationwide.

    At least 17 states, including Colorado, are conducting separate investigations to determine whether state laws were broken. Some began investigations months before the coordinated nationwide probe was announced. States have asked lenders to halt foreclosures, requested documents and sought better home- loan modification procedures. Ohio’s attorney general has sued.

    ‘An attorney general will always have a responsibility to deal with their own state laws and statutes that they think might be violated,’ said James E. Tierney, director of Columbia Law School’s National State Attorneys General Program in New York. ‘If the target of the investigation may have done the same thing in several states, then it becomes cost effective and more efficient to work with colleagues in several states.’”

  • http://forgottenlord.livejournal.com forgottenlord

    So not holding a vote means they’re taking back tax cuts. It, of course, has nothing to do with, y’know, a different action expiring.

  • freeinpa

    A liberal hypocrite and law breaker — I guess no real news

    Climate change warrior Al Gore has invited controversy after reportedly leaving his car idling for an hour during an environment lecture in Sweden.

    A blogger revealed the Nobel Peace Prize winner arrived for the Gothenburg speech in a rental car (with or without driver is unclear), from the airport, and subsequently left the engine running for the entire lecture, reports the Daily Telegraph.

    On the other hand, all distinguished guests were advised to, if possible, use any form of public transportation to go to the event, in order to minimize CO2 emissions.

    However, local legislation prohibits any car engine running on empty for more than 60 seconds

    http://www.australiannews.net/story/700770

  • newfreedomblog

    When you cannot defend you position on the issues, or how you voted on recent legislation, what is left? Speeding tickets from 20 years or so ago?
    .
    What a joke.
    .
    http://abcnews.go.com/Politics/vote-2010-elections-democratic-closing-argument-personal-attacks/story?id=11996410

  • http://forgottenlord.livejournal.com forgottenlord

    CNN was reporting that Halliburton and BP had information from tests indicating that the cement mixture used to stabilize the TransOcean oil rig was, well, not stable. In fact, there were 3 separate tests that said it wasn’t stable – one by Chevron and 2 by Halliburton including one that was completed 2 days before it was poured and 3 days before the explosion.

  • grape_crush

    So it looks like the mortgage problem is slowly being worked out. What’s the catch?

    “The major, serial bailouts of 2008 were…the results of GOP-appointed Hank Paulson, GOP-appointed Sheila Bair and GOP-appointed Ben Bernanke, all with the support of a Bush White House-sponsored EESA going to Congress and asking that an emergency bill be passed to allow for TARP. If this all happens all over again, and it could, there’s nothing to stop the government from going to Congress and demanding more money for the financial system. Congress can always pass new laws in an emergency, even if it means overturning old laws. The only way to stop this is through prudential regulation on the front end, separating out business lines that need a set of Federal insurance and those that don’t, and a resolution mechanism that is earlier and reduces uncertainty on the backend.

    The GOP is opposed to all this. They have already signaled to Wall Street that, starting the morning of November 3rd, 2010, the GOP will be the party that fights sensible Wall Street reform and returns us to the world of 2009, the world most favorable to Wall Street.[...]

    But what are the actual goals for the repeal? Pat Garofalo writes about what will likely be the initial strategy:

    House Republicans have already made it quite clear that they would repeal Dodd-Frank if they could, and at the very least they’d like to see the newly created Consumer Financial Protection Bureau defunded. [...]

    In a sign of potential things to come, Rep. Spencer Bachus (R-AL), who is slated to take over the House Financial Services Committee if the Republicans gain a majority, has already been begging the banks for donations, on the premise that the GOP believes financial reform was too tough.

    What else will they focus on?”

  • newfreedomblog

    While in other news, “Big Sis” wants you to be patted down on the next trip you make on an airplane.
    .
    http://abcnews.go.com/WN/tsa-pat-procedure-airports/story?id=11998304

  • grape_crush
  • freeinpa

    If she was a liberal and had her head stepped on, it is doubtful ay more damage could be done.
    .
    Being against Obama could cost you body parts.
    .
    “65-year-old Man’s Finger Bitten Off by Obamacare Supporter; Man Angry Media Ignored Story”
    .
    No tto mention the countless beatings delivered by SEIU members with anyone with the temerity to disagree.

  • newfreedomblog

    The message and the messenger. Perhaps it has all come down to the teleprompter. Maybe if Obama was less reliant on the teleprompter, and more honest with what he is actually saying, more people would believe what he is saying.
    .
    http://hotair.com/archives/2010/09/02/matthews-say-perhaps-obama-relies-on-the-teleprompter-a-tad-too-much/
    .
    Even in meetings with 10 or less people. Routine staff meetings, Obama has to use a teleprompter to stay on topic.

  • grape_crush

    “If [Angle] beats Harry Reid, it’s going to be painful, but watching her become a local media punching bag for 6 long years will provide at least a little bit of consolation.”

    “Angle’s big beef isn’t with Rachel Maddow or Keith Olbermann, it’s with TV stations in her local markets. It was local reporters, not national press, who were crass enough to chase her into parking lots and impertinently ask questions. Apparently Angle thinks that something will change when she becomes Senator, and that she’ll have some power to assert over local media.

    This is laughably naive. For starters, political coverage just isn’t that important to local TV stations…Politics is a sideshow that leads the newscast on days when there wasn’t a five-car pileup on I-80. Plus, running after Sharron Angle, or having an interview where she walks out in a huff, is better TV than the usual boring political interview topics like water rights or agricultural subsidy payments.

    The other thing Angle apparently doesn’t get is that she’s going to be putting millions into the pockets of these TV stations in six years no matter how well they treat her. There aren’t enough TV stations in Nevada for Angle to start compiling an enemies list of affiliates who won’t get her campaign cash in 2016.”

  • grape_crush

    “Yeah, but how does the baby get in there in the first place?”

    “Rep. Jean Schmidt (R-OH) ventured into the age-inappropriate territory during a speech at a Cincinnati Catholic school, where she addressed a room of students ranging from first to eighth graders.

    ‘Unexpectedly, towards the end of her address, Congresswoman Schmidt brought up the topic of abortion,’ Prinicipal Dan Teller wrote in a letter to parents, obtained by Cincinnati’s WLWT.com. ‘Your children may come home with questions, especially if this is a topic that has not been broached in your home.’

    Though the abortion-related portion of the speech was reported to last under two minutes, it may be the only part anyone will remember.

    ‘She defined abortion as the taking of a child’s life in the mother’s womb,’ Teller wrote in the letter. ‘She indicated that abortion involves the killing of a child before it is born.’

    Noting that Schmidt ‘was not invited to further any political agenda,’ he apologized to parents ‘for any confusion or fear that this may elicit on the part of your child, and for the awkward position this may put you in of introducing a difficult issue at a time that may be premature for you.’”

  • freeinpa

    Even liberal might understand this.(But won’t admit it)

    So, with apologies to Jeff Foxworthy, let me disabuse them of their false consciousness:

    If you believe, as the president does, that “it’s good for everyone when we spread the wealth around,” you might be a Marxist.

    If you believe that “the rich” don’t “need” tax rate reductions, you might be a Marxist.

    If you believe that, at some point, other people have “made enough money,” you might be a Marxist.

    If you believe that we have to “keep people in their homes,” even when they have never had any equity in them, and despite the fact that they can’t afford the mortgage and the market is not being allowed to clear, then you might be a Marxist.

    If you believe that there is a floor on the value of everyone’s labor, and it is a single number applicable in every state of the union, regardless of the cost of living, then you might be a Marxist.

    If you believe that handing someone who pays no taxes a government check is a “tax cut,” you might be a Marxist.

    If you believe that the government should pay the “prevailing local wage” on government projects, you might be both a Marxist and a racist, since Davis-Bacon was instituted to shut lower-paid minorities out of such projects.

    If you believe that unemployment checks are the surest, fastest way to stimulate the economy, you might be a Marxist.

    If you believe that the capital gains tax should be increased, even though it would result in reduced government revenue, because that’s what is required for “fairness,” you might be a Marxist.

    If you believe that you know better than someone else what they “need,” and are willing to impose your belief on them at gunpoint and force them to purchase it, and not allow them to purchase things that they think they need, then you just might be a Marxist, too.

    http://pajamasmedia.com/blog/you-just-might-be-a-marxist/2/

  • newfreedomblog

  • diecash1

    You left out this gem from your source:

    The fact that they refused to address the issue before the election is a clear indication that they do not intend to renew the cuts.

    Unfortunately, that is entirely opinion, not fact unless the writer can read the collective mind of the Congressional Democrats.
    ..
    IIRC, Obama and the Democrats want to extend (more correctly, pass new legislation) the tax cuts to those earning less than $200/$250K per year though your source fails to mention that. Perhaps it’s inconvenient to his narrative; facts often are so.
    ..
    The link you failed to provide:
    http://www.americanthinker.com/blog/2010/10/many_americans_unaware_that_th.html

  • ricardo4max

    So either crushed grapes recently got a Soros check or rmaybe the “medicine” is wearing off enough to type on a computer. Anyway, to summarize the truth of the mortage crisis argument for the umpteenth time: The housing bubble was created by Democrats as the result of their grandiose vote buying scheme aka the CRA. As more and more Democrats bullied more and more lenders (don’t forget the key roles personally played by ACORN and Obama) into making more and more bad loans to the Democrat voter base, the demand and thus the prices of homes increased. As the lenders began to resist, the Dems used Fannie and Freddie to provide false guarantees and encouraged lenders to write “funny paper” to cover their ASSetts. When Republicans int he early 2000′s began to point out what was about to happen as a result of years of thei Democrat chicanery, they were told by Bwaney Fwank etc.. “Don’t worry, be happy. Every little thing will be alright.” In Spet 2008 the infamous America hating Nazi collaborator, G, Soros, precipitated a market collapse in order to install his puppet Marxist candidate, you know who.
    Dennis Sewell of the BBC wrote an excellent article about this.
    http://www.spectator.co.uk/essays/all/2189196/clinton-democrats-are-to-blame-for-the-credit-crunch.thtml
    So anyone that reads this article will know the truth and regard those posts as the work and just another partisan hack.

  • newfreedomblog

  • pintortwo

    The liberals have long celebrated that 30-40% of the stimulus package was middle class “tax cuts”.
    .
    I think liberals, and economists, were disappointed that the stimulus relied so heavily on tax cuts in the first place. They wanted the government to spend directly on projects that would hire workers.
    .
    And what diecash said re extending cuts for couples making less than $250K…

  • newfreedomblog

    “cuts they have already announced won’t have to be offset with spending cuts.”

    .
    http://www.commercialappeal.com/news/2010/oct/28/gop-already-has-eye-on-2011/
    .
    Oh really?
    .

    WASHINGTON — Republican leaders, ever more confident of their chances of winning control of the House and possibly even the Senate, have begun plotting a 2011 agenda topped by a push for more than $100 billion in spending cuts, tax reductions and attempts to undo key parts of President Barack Obama’s health care and financial regulation laws.

    .
    Try again little liberal. It really doesn’t work anymore!!

  • freeinpa

    Since Dems have about 3 days Congress will be in session, the Republicans will not let them vote on any tax bill without a full reading and discussion. They remember only too well “you have to pass it to find out what is in it bill.
    .
    And I guess we will see if this more correctly new bill will have PAYGO waived. You know it’s an emergency–saving Obama’s butt.

  • freeinpa

    “you swap out for a new mortgage with a lower principal amount which is actually less than the total amount of the house so the homeowner has a strong incentive to continue paying that mortgage.”
    .
    And in doing so, it will be a flashback to what Obama did to the bondholders of GM and Chrysler, voiding all legal rights of the investors, and transferring wealth to buy votes. Of course all of this makes the assumption that the homeowner has a job to even make reduced payments.
    .
    “it involves a lot of money”
    .
    Is there ever a liberal solution that does not involve the use of billions of other people’s money?

  • newfreedomblog

    The fortunate thing is that what proceeded before, is simply not true.
    .
    Bush II saved the auto industry. Not Obama.
    .
    http://politicalticker.blogs.cnn.com/2008/12/19/bush-announces-auto-rescue/
    .
    All Obambi did was save the auto Unions. Nothing more, nothing less.

  • freeinpa

    “They’ll refuse to do anything to boost the economy now”
    .
    No they won’t do anything you like. Apparently liberals still can’t be honest with themselves. Just as you are dishonest ok lying about the housing bubble and de-regulation, both of which started in the Clinton administration and continued through the Bush years. The problem has been 25 years in the making and it won’t be fixed over night.

  • newfreedomblog

    LOL. Alan Grayson thinks it is just a “nervous breakdown”
    .
    Think again, Alan!!
    .

  • jsfox

    Not covered in the media surely you jest. A simple google search got me the LA Times, WaPo, NYTimes, numerous TV stations, Fox News not to mention conservative and liberal blogs. However more to the point I did not read one liberal commenter condoning the act or cheering it on. In fact MoveOn which sponsored the rally where the incident happened actively worked with the sheriff’s dept. to ID the perpetrator. Nor did I read a single liberal commentator condoning it and certainly cheering it on as many on the right have done with the KY stomper.

    Now I have no idea if the guy who did the heinous act was ever caught. If he was I hope he got some serious jail time. You on the other hand would like to hand Mr. Proffitt a medal.

  • freeinpa

    “She defined abortion as the taking of a child’s life in the mother’s womb,’ Teller wrote in the letter. ‘She indicated that abortion involves the killing of a child before it is born.’”
    .
    I guess you find it preferable to hide the truth from them.
    .

  • pintortwo

    Governor Elizabeth A. Duke (former Chair of the ABA)
    At the American Bankers Association National Conference for Community Bankers, Phoenix, Arizona
    February 16, 2009
    .
    “The CRA is designed to promote lending in low- to moderate-income areas; it is not designed to encourage high-risk lending or poor underwriting. Our analysis… found that only 6 percent of all higher-priced loans were made by CRA-covered lenders to borrowers and neighborhoods targeted by the CRA. This very small share makes it hard to imagine how CRA could have caused, or even contributed in a meaningful way, to the current crisis. Further support for this conclusion comes from our finding that serious delinquency rates for subprime loans are high in all neighborhood-income categories, not only those in lower-income areas, as might be thought if the CRA were a contributing force to the subprime crisis.” (link, h/t Kevin)
    .
    .
    Deregulation allowed banks and lenders to make money and pad their balance sheets by pushing mortgages, no matter how risky, and securitizing the debt incurred (thereby turning a liability into an asset and providing an opportunity for transaction fees). Whether the deregulation came from Clinton Dems or Bush Repubs, it is the reason for the crisis and the reason we need to turn back the tide.

  • freeinpa

    From the WSJ
    .
    “Far from being a unique historical event, a GOP victory on Tuesday will repeat the pattern we have seen since the 1960s. Four times Democrats have won control of both ends of Pennsylvania Avenue, and four times they have attempted to govern from the left. Each time Americans saw that agenda and its results, and they rejected it at an early opportunity. Maybe there’s a lesson here.”
    .

    Two lessons:

    1) A majority of Americans reject liberalism

    2) Liberals are really slow learners

  • grape_crush

    The housing bubble was created by Democrats as the result of their grandiose vote buying scheme aka the CRA.
    .
    Anyone who believes that has a woefully weak grasp of fact and history. Here’s a brief overview.
    .
    http://en.wikipedia.org/wiki/Subprime_mortgage_crisis#Causes
    .
    So anyone that reads this article will know the truth and regard those posts as the work and just another partisan hack.
    .
    Suuure they will. Because you’re completely neutral and objective, right?

  • freeinpa

    You just outlined liberals idea of success when:

    how cool buyers will be to the Volt when a basic Toyota Prius can already achieve considerably better mpg for approximately half the price.

  • freeinpa

    “So anyone that reads this article will know the truth and regard those posts as the work and just another partisan hack.”

    .
    If you think wikipedia is an unbiased source you need to click your heels 3 times Dorothy, your not in Kansas anymore.

  • newfreedomblog

    An interesting poll on O’Donnell. I wouldn’t count her out just yet.
    .
    http://www.monmouth.edu/polling/admin/polls/MUP37_DE_2.pdf

  • freeinpa

    The former Chief Credit Officer of Fannie Mae disagrees with the notion the government is blameless, instead is the major cause.

    Government policies forced a systematic industry-wide loosening of underwriting standards in an effort to promote affordable housing. This paper documents how policies over a period of decades were responsible for causing a material increase in homeowner leverage through the use of low or no down payments, increased debt ratios, no loan amortization, low credit scores and other weakened underwriting standards associated with NTMs. These policies were legislated by Congress, promoted by HUD and other regulators responsible for their enforcement, and broadly adopted by Fannie Mae and Freddie Mac (the GSEs) and the much of the rest mortgage finance industry by the early 2000s. Federal policies also promoted the growth of over-leveraged loan funding institutions, led by the GSEs, along with highly leveraged private mortgage backed securities and structured finance transactions. HUD‘s policy of continually and disproportionately increasing the GSEs‘ goals for low- and very-low income borrowers led to further loosening of lending standards causing most industry participants to reach further down the demand curve and originate even more NTMs. As prices rose at a faster pace, an affordability gap developed, leading to further increases in leverage and home prices. Once the price boom slowed, loan defaults on NTMs quickly increased leading to a freeze-up of the private MBS market. A broad collapse of home prices followed.”

    http://www.marketobservation.com/blogs/index.php/2010/10/28/edward-j-pinto-former-chief-credit-officer-of-fannie-mae-1987-1989-about-causes-and-consequences-of-the-us-real-estate-crisis?blog=9

  • grape_crush

    Bush II saved the auto industry. Not Obama.
    .
    Really? Dubya’s redirecting TARP funds over the objection of most of his party’s Senators happened in the space of a couple weeks in late 2008. So what all happened in 2009, FreeDumbLog?

  • hippooath

    “If she was a liberal and had her head stepped on, it is doubtful ay more damage could be done.
    .
    Being against Obama could cost you body parts.
    .
    “65-year-old Man’s Finger Bitten Off by Obamacare Supporter; Man Angry Media Ignored Story”
    .
    No tto mention the countless beatings delivered by SEIU members with anyone with the temerity to disagree.”
    .
    Not one single liberal source condoned the finger biting. You on the other hand seems to be okay with the stomping because it was a liberal. The difference is of course the amount of humanity. You excuse your personal hatred with ‘they did it too’ – we don’t excuse any of it no matter the source.

  • freeinpa

    One small step for freedom from the tyranny of liberals!

    CHARLOTTESVILLE, Va., October 28, 2010—This week, the University of Virginia (UVa) confirmed that it had eliminated the last of its policies that unconstitutionally restricted the free speech of students and faculty members. While more than two-thirds of the nation’s colleges maintain policies that clearly and substantially restrict freedom of speech, UVa is now a proud exception, having fully reformed four speech codes. UVa has now earned a coveted “green light” rating from the Foundation for Individual Rights in Education (FIRE).

  • freeinpa

    Whoever handed the keys of GM and Chrysler to the UAW was wrong whether it was Bush or Obama. The government has no business picking winners in private industrial companies. As we have seen it was not an investment but a political bribe

  • grape_crush

    Oh yeah, here’s what happened:
    .
    http://www.npr.org/templates/story/story.php?storyId=128925681
    .
    “But don’t for an instant imagine that the comeback of the nation’s rescued car companies, particularly General Motors, will change the way we debate government’s role in the economy. When it comes to almost anything the government does, ideology trumps facts, slogans trump reality, and loaded words (“socialism”) trump data.
    .
    Let there be no mistake: rescuing GM and Chrysler took political courage, and I want to put in a good word not only for President Obama but also for George W. Bush.
    .
    True, Bush’s electoral career was over in December 2008, when he extended $17.4 billion of TARP money to keep the companies alive long enough to give Obama a chance to act. Still, it took guts for Bush to decide not to “leave the next president to confront the demise of a major American industry in his first days of office.”
    .
    Yet it was Obama who put in the bulk of the cash — in all, Bush’s input had grown to $25 billion before he left office while Obama put up an additional $60 billion — and created the tough restructuring plan.”

  • freeinpa

    “Yet it was Obama who put in the bulk of the cash — in all, Bush’s input had grown to $25 billion before he left office while Obama put up an additional $60 billion — and created the tough restructuring plan.”
    .
    Tough for who? The investors, Dealers who were not Dumo contributors?
    .
    The market is still doing a better job of picking the winners.
    .
    “”Those who bought Ford stock in February 2009 are happy they did. The stock closed that day at $1.58, and as of this writing it’s at $14.41. General Motors stock went down 74 percent between February and the end of May 2009, when trading was suspended and GM declared the biggest industrial insolvency in U.S. history. GM stock reemerged under the humiliating name ‘Motors Liquidation Co.’ and peaked at 93 cents in August 2009. It now trades for 27 cents.” – Washington Times
    .

    You are challenging Bill Clinton for the best joke of the day.

    Here is his: “”If you want small government you should support the Democrats because we know how to do it.”

  • Paul-no not that one

    No need for the Foxworthy apology.
    .
    Both are equally amusing.

  • grape_crush

    Oh really?
    .
    Yes, really.
    .
    Jon Kyl (R-Ariz.):

    “…you should never have to offset cost of a deliberate decision to reduce tax rates on Americans.”

    Or Mitch McConnell, (R-Kentucky):

    “There’s no evidence whatsoever that the Bush tax cuts actually diminished revenue. They increased revenue, because of the vibrancy of these tax cuts in the economy. So I think what Senator Kyl was expressing was the view of virtually every Republican on that subject.”

    Try again little liberal. It really doesn’t work anymore!!
    .
    You just got served, FreeDumbLog. Again.

  • earljr1

    I think your assessment is spot on, freeinpa, our progressive friends are really in turmoil. While surliness is pretty much standard with them, they have gotten downright snarly in the past few weeks. Two years of disastrous leadership from the left has reawakened America….goodbye democrats.

  • grape_crush

    The former Chief Credit Officer of Fannie Mae disagrees with the notion the government is blameless..
    .
    Funny. No one said the government was ‘blameless’.
    .
    One part of your copy-paste I thought was interesting:

    …the GSEs‘ goals for low- and very-low income borrowers led to further loosening of lending standards causing most industry participants to reach further down the demand curve and originate even more NTMs. As prices rose at a faster pace, an affordability gap developed, leading to further increases in leverage and home prices.

    Of course, the lenders could have pushed back against the requirements or stopped lending for homes with hyperinflated prices, right? But they didn’t, as there was too much money to be made and responsibility for servicing the loans could be packaged as a security and sold off for even more profit.
    .
    There’s lots of causes (see the wikipedia link for an overview). Low-income lending practices might have been just one.

  • grape_crush

    Is there ever a liberal solution that does not involve the use of billions of other people’s money?
    .
    So what’s your solution? Let everything crash and burn?

  • gingerpye

    Re: 19.1 Hell yes, from 6 to 12 year olds. Would you want your six year old child being told that?

  • http://patricksartor.wordpress.com patricksartor

    So, Rusty, you consider it sad that people do not want our government to be the best that money can buy?
    .
    I like the government belonging to the people, not to the highest bidder, but, that is the difference between most human beings and the extreme right like you: you like it when those with the most money and power buy more and lock the door for social mobility behind them while the rest of us like democracy.
    .
    Despite you claimed historical ties to the Boston Tea Party, you, obviously would have looked at, as the English called the American Revolution that the Great Rebellion is “Sad, so very sad.”

  • np042

    Google collected no more information than you or I could (with proper knowledge of computers) walking around your neighborhood. As I read it from other more technological, less partisan sources, the intent was never to capture personal information but map wi-fi hotspot data to go along with their maps online. (Who wouldn’t love to know if Joe’s Cafe also has free wi-fi without having to call them?)
    .
    The issue was, however, that people are stupid when it comes to internet security. All of the information accidentally picked up by Google was over unsecure connections. Essentially, it was akin to someone having a conversation with their neighbor across the street by shouting at the top of their lungs and you happened to be on the street and hear the conversation.
    .
    Reading your link, it appears the author is more interested in talking crap about Google and Democrats than actual factual reporting. (That, however, is a discussion for somewhere else and is a epidemic with the media at large)
    .
    On another note, I’ve been reading around here for the past 6 months or so, never saying much however, and I have noticed a pattern. Rusty, as he is affectionately known, seems to waffle a ton when it comes to coorporations. If corporations are pouring money into pro-Republican/anti-Democrat adds, not a peep. If this is brought up, the old “but he did it too!” excuse from elementary school is given. But at the same time never is there a wasted opportunity to dig up any dirt when it is in his interest politcally.
    .
    In fact, this is a pattern that I’ve noticed alot here in general. The liberal posters all seem to be in agreement that corporate spending is bad in elections, especially in the current campaign, no matter who it’s for. However the conservative posters only seem to care when it is in their interest to do so, and love to post long copy/paste lists of who is backing the other side ignoring those doing the same for their side.
    .
    As a last point, before this becomes too long-winded, I made a comment to my wife last night, who is a fairly hardcore Republican: “I agree with some Republican policies, even some Tea Party ideas. However, I can’t stand Republicans and Tea Partiers.”

  • http://patricksartor.wordpress.com patricksartor

    “Tough for who? The investors, Dealers who were not Dumo contributors?
    .
    The market is still doing a better job of picking the winners.”
    .
    The market did a terrible job of picking management at car manufacturers with cars nobody wanted to drive, too many dealerships for cars nobody wanted to buy and such incompetence that, you Freakinpa, would feel right at home.
    .
    The government does not pick the winners. When they are astronomically large businesses, the government is picking up the losers.
    .
    You know what it’s like when somebody is picking up the losers, that’s what happened when the hookers came by the bars you hung out at an hour before closing time, they picked up the losers like you.
    .
    If you don’t understand that GM and Chrysler were going to cause far more unemployment if they were not reformed by government reorganization and this very capitalist goal was what was in mind rather than some radical ideology, then you are too dumb to dress yourself in the morning.

  • http://patricksartor.wordpress.com patricksartor

    “They remember only too well “you have to pass it to find out what is in it bill.”"
    .
    Yes, Democrats vividly remember that and many other Republican lies about them and know that the ones in the most vulnerable districts will be replaced by pathological liars.
    .
    As for holding things up in the Senate to sacrifice the middle class tax cut for the wealthiest, that would be another Republican stunt to hurt America for the good of the Republican Party.
    .
    Why do Republicans hate America so much?

  • http://patricksartor.wordpress.com patricksartor

    When these people bought mortgage backed securities, shouldn’t they take “personal responsibility” for the fact that these mortgages were lent to people who could not possibly pay it back?
    .
    Oh, I forgot, “personal responsibility” mean fck the poor. Like if you work the best paying job you are qualified for, do your job well and the Republicans with the help of Mortgage backed securities run out economy into the ground, you shouldn’t get unemployment benefits. You should get some “personal responsibility” AKA eat sht.
    .
    Sorry, I thought that the terms “personal” means something belonging to one’s self and “responsibility” is being held accountable for such that personal responsibility was facing the consequences for one’s own choices rather than just eating sht, which what Republicans mean by “personal responsibility”.

  • http://patricksartor.wordpress.com patricksartor

    Well, obviously you have two issues:
    .
    First, if there aren’t more terrorist attacks against the US, we will not see a Republican president. So, you want the terrorists to bomb planes and this will make it harder.
    .
    Secondly, you are, unlike me, very afraid of a full body scan showing people how small your genitals are.
    .
    Don’t worry, Rusty, we all know that your Sleeping White Giant is only three inches. Nobody will be too surprised.

  • http://patricksartor.wordpress.com patricksartor
  • http://patricksartor.wordpress.com patricksartor

    If you think the government fixing roads during a recession is a Marxist conspiracy, you might be a wingnut.
    .
    If you think banks dumb enough to lend all of your money to people who can’t pay it back is just good ole Merican capitalism, you might be a wingnut.
    .
    If you think that the first amendment doesn’t apply to Muslims, you might be a wingnut.
    .
    If you think that Wal-Mart is a great employer, you might be a wingnut.
    .
    If you think that our founding fathers dreamed all day of our buying Chinese goods was what our founding fathers dreamed of, you might be a wingnut.
    .
    If you think that the reason New Yorkers had to turn on their air conditioners in Mid October wasn’t a sign of Climate change but, instead Al Gore secretly running a giant heater, then you might be a wingnut.

  • http://patricksartor.wordpress.com patricksartor

    “In Spet 2008 the infamous America hating Nazi collaborator, G, Soros, precipitated a market collapse in order to install his puppet Marxist candidate, you know who.”
    .
    What?
    .
    “Soros was born in Budapest, Kingdom of Hungary, the son of the Esperantist writer Tivadar Soros. Tivadar (also known as Teodoro) was a Hungarian Jew, who was a prisoner of war during and after World War I and eventually escaped from Russia to rejoin his family in Budapest.[7][8]

    The family changed its name from Schwartz to Soros in 1936, in response to growing anti-Semitism with the rise of Fascism. Tivadar liked the new name because it is a palindrome and has a meaning. Although the specific meaning is left unstated in Kaufman’s biography, in Hungarian, soros means next in line, or designated successor; and, in Esperanto, it means “will soar”.[9] Tivadar taught George to speak Esperanto from birth. George Soros later said that he grew up in a Jewish home and that his parents were cautious with their religious roots.[10]”
    ..
    So, George Soros, is both a self made man and a Marxist and both Jewish and a Nazi?
    .
    Retardomax, crack kills – please use more.

  • http://patricksartor.wordpress.com patricksartor

    Typical of wingnut trolls, you forget:
    .
    2006 midterms Democrats gained 30 house seats.
    .
    1990 Democrats won midterms gaining 3 seats.
    .
    1986 Democrats won midterms gaining 5 seats.
    .
    1982 Democrats gained 27 seats in the house.
    .
    In other words, except for 2002, all Presidents since Carter had the president’s party lose during midterms.
    .
    In other words BFD.
    .
    We will return to two years of the house spending all of it’s time looking inside of the president’s underwear followed by a big loss for the Republicans in 2012.

  • Asharaxx

    Grape quoted that from the ricardo. Referring to ricardo’s link, not his own.
    .
    And; Oh no! I guess it could be biased if you read it between the time when someone malevolent edits it and when it gets fixed. Regardless, you could read it, and then check the sources cited.
    .
    The solution for both of these would be to possibly make the effort to check things before jumping on someone.

  • freeinpa

    Rev Jim

    Still testing positive for stupid.

  • freeinpa

    “So, George Soros, is both a self made man and a Marxist and both Jewish and a Nazi?”
    .
    Right there no Jews who were Nazi sympathizer.

    You remain off the chart stupid

  • freeinpa

    “In other words, except for 2002, all Presidents since Carter had the president’s party lose during midterms.”
    .
    In other words you have nothing of intelligence to say but more useless irrelevant loser nonsense—Your life in a nut shell

  • http://patricksartor.wordpress.com patricksartor

    Freakinpa, still the walking definition of a wingnut.
    .
    I hate to tell you, but, Al Gore wasn’t running a hidden ten story tall heater. This is climate change.

  • http://patricksartor.wordpress.com patricksartor

    “Right there no Jews who were Nazi sympathizer.”
    .
    If there were, since Nazi ideology said that Jews must die, they would have committed suicide.
    .
    It would be exactly the same as black members of the KKK who wish to hang themselves.
    .
    Sorry, Freakinpa, you are not even making sense at all anymore.
    .
    Nazi = person who wishes to murder Jews and other “impure” people.
    .
    Successful businessperson = somebody who wishes private property and business to continue to exist. Marxist = person who wishes to shut down private ownership of businesses and most personal property.
    .
    Hence, if a successful businessman becomes a communist, he closes down every business he ever owned.
    .
    Are you brain damaged?

  • http://patricksartor.wordpress.com patricksartor

    Two lessons:
    .
    1) Midterm losses for the president’s party is the norm.
    .
    2) Freakinpa is showing signs of dementia.

  • liberalmeltdown

    Don’t be so hard on Trickled on Pat, he gets cranky when mommy doesn’t bring cookies and milk down to the basement.

  • http://patricksartor.wordpress.com patricksartor

    Meltdown,
    .
    I am the one who will be paying the taxes.
    .
    You are the one who has a fetish for golden showers.
    .
    I am just willing to pay my share.

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