- “Hours before leaving on summer recess, Congress on Thursday hit a seemingly intractable impasse on government spending, increasing the prospects of a government shutdown in the fall and adding new urgency to fiscal negotiations between the White House and a bloc of Senate Republicans.” [NYT]
- Dozens of people working for the CIA were on the ground the night of the U.S. Benghazi embassy attack, according to CNN. Since January, some CIA operatives have been subjected to frequent, even monthly polygraph examinations to see if they have been leaking information to Congress or the press.
- Edward Snowden is just Putin’s latest insult to to Obama.
- He is already getting job offers and calls from Russian girls.
- Ramesh Ponnuru’s look at the 2016 Republican field.
- President Obama nominated John Koskinen to be the next commissioner of the Internal Revenue Service.
- SEC gets big win in “Fabulous Fab” conviction for misleading investors in a mortgage-linked deal.
- Senators spar over definition of ‘journalist’ in seeking to protect them in new “shield law.”
- Why Russia turned against the gays
- The Senate confirmed John Berry to serve as the ambassador to Australia — the first out gay ambassador to a G-20 country — on a voice vote Thursday, along with three other out gay ambassadorial nominees.
- Jason Linkins takes on the bully pulpit theory in “What If Ron Fournier Can’t Read?“
- New Republic calls Luke Russert the “Golden Boy” of Washington.
How dumbasses get shot (well almost) by police while filming a movie. Stupidity transcends race.
Not that it has anything to do with swampland or it's esteemed denizens, but I had to deal with some epically stupid people today and I'm taking the evening off to think happy thoughts and watch something mindless. No, not Fox, I'm thinking of a Michael Bay movie.
Turbo Tax Timmy stuck in DMV hell. Must be a lack of government oversight. What I would give to hear what he was mumbling under his breath.
"We’re having glitches,” said his wife, Carole Geithner, who was waiting patiently on a nearby bench as her husband spoke with the DMV agent.
“Even though we brought every document known to man to do it, the bar code on his license was worn out, so that’s a problem,” she said. “And now, I don’t know why — with one of (the cars), they’re having trouble transferring it.”
For Geithner, who now nets hundreds of thousands of dollars per speech, time spent at the DMV is money lost.http://www.businessinsider.com/timothy-geithner-got-stuck-at-the-dmv-2013-8#ixzz2awF8G8Ne
So let me get this straight, not only are we going to have to buy our own insurance, but we are going to be paying 75% of the healthcare cost for members of Congress and their aides. The last time I checked the figures, those clowns are pulling down somewhere in the ballpark of $150,000 per year. The hypocrisy knows no limits. This is an outrage!! Those clowns shoved this scam down our throats, and got the unions to parrot their lies, and now both of them are skating on our dime. I can't wait until the liberals defend this with their last breath..Come guys, get to covering for your people!!!
The Democrats in Congress just made sure that they wouldn't have to suffer under Obamacare..Isn't that special?
Obama's pick of Larry Summers SHOULD tell you something about Obama. Of course, there were hundreds of other clues that would have told you the same thing, so I don't expect liberals to get it this time either.
Summers will be just great as Fed Chairman. He can point to his record of warnings. Those are warnings, not actions, in case you think that saying something actually means anything, just like Obama. Talk, talk, talk...run against his own policies with more talk, talk, talk, rinse and repeat.
Summers did warn about Fannie and Freddie. Thanks Larry, you really stopped the great depression with that warning.
More substantively, I’d stack Larry’s judgments up against anyone’s. For example, he was way ahead of the curve on the dangers of allowing Fannie Mae and Freddie Mac to continue to run amok.
“Debates about systemic risk should also now include government-sponsored enterprises, which are large and growing rapidly,” he said in a 1999 speech.
Long before the 2008 financial crisis hit, Larry was warning about the dangerous blanket of complacency. “The main thing we have to fear is the lack of fear itself,” he wrote in The Financial Times in December 2006. And then the following month, at the World Economic Forum at Davos, Switzerland, he said, “It’s worth remembering that markets were very upbeat in the early summer of 1914.”
But now we can put to rest who and what was responsible for the Mortgage Meltdown. Clinton, the CRA, Fannie and Freddie and the Democrats in Congress. Oh, and Larry Summers and Robert Rubin and a cast of Citibank/Federal Treasury employees had a big hand in the pie. Who was Obama's first pick for Treasury Secretary? Turbo Timmy Geithner: Citibank to the Treasury and back and forth.
Let's all support them again down the road to the SOS.
Mr O, you claim that liberals don't like Larry Summers, then explain why Obama wants him so badly.
Obama defends Larry Summers to House Democrats
The improving economic news has made the trolls psychotic today. But they're spastic and retarded every day so what's the dif?
@ahandout "Stupidity transcends race."
Interesting, why include this statement with the link provided?
Goodnight folks. Further OT, but the guy I'm working with told me that he couldn't believe how I kept my cool and didn't scream at some people. I told him that the quieter I got and the more polite I got, the angrier I was.
@ahandout Cracker Jack Handy picks his nose and gets a 10 pound booger and his head caves in. Tea Head Number One.
@terryclifton1 News Flash! Congress has good health insurance that is mostly paid for by their employer. I have no "outrage" let's do this for every American.
Isn't that what is currently being done?
The members of Congress have long had one of the best health care plans which was almost entirely funded by taxpayers. It was absolutely ridiculous and it made them completely immune to the consequences of any law they passed. Now, if they pass a garbage law, they're going to have to enjoy its consequences. I think the taxpayer contribution to their plans has either decreased or stayed the same - it hasn't gone up.
@terryclifton1 No doubt all federal employees will eventually be exempt from Obamacare including the IRS. It's only good for the peons.
@ahandout Has Obama picked Larry Summers? News to me. I am for Yellen myself.
@ahandout Maybe he is not a liberal, except in your deranged mind.
I think I speak for most liberals here and elsewhere - we don't like him.
What if Obama defends him - does that mean we have too? I don't know what's wrong with you 'wingers - the way you circle the wagon around your 'leaders' picks. I don't care for Larry Summers, most don't. It's a bad pick by Obama and it wouldn't be the first. That don't translate into me wanting to have anything to do with the crazy GOP party because their choices of leadership and such are even worse.
@roknsteve THIS use of the word "retarded" seems appropriate.
@sacredh I had to work on my temper back in the 70's. I got in a fight with my super and the next day the guy who worked across the street in the park said "I can't believe how you were beating on his pickup fender." No wonder my hand hurt . I was so angry I didn't remember any of that. A Scotch-Irish nut job. That cured me.
I believe you had that story about the quietly getting revenge decades later that nobody ever figured out was you. Easy to associate that with quiet angry
@ahandout, if you already have health care coverage, you don't need to buy anything. I'm a federal employee and I have health care. I pay 1/3 of my premium. I have always paid 1/3. I will continue to pay 1/3 and no, we DON't have the same coverage those in congress (both republican and democrat) have.
I find the irony of attacking jobs creating as low paying jobs while wanting to remove minimum wage. It's like being mad that the jobs are not good enough while fighting for the worst jobs for everyone.
I know, the magic of tax cut will bring back super duper well paid job, because without minimum wage the same people shipping jobs to China because they don't have to pay people that much would also love to pay workers more here if the tax cuts are good enough.
Logic - not the 'winger way.
But harping on about non scandals and bashing an improving economy without any solutions other then austerity for everyone except the super rich - on it.
@nflfoghorn, Caucasians are the diet Coke with a plate a fudge.
@roknsteve, I haven't had much of a temper problem...ever. It just seems like the right thing to do to get revenge and then let it go. I doubt if I've even been in a dozen fights in my life and a couple of them were with women. I truly do consider women and men to be equal. Both women I've been in fights with were bigger than me (weight wise anyway). One was a lesbian and did manage to stagger me. The gal could punch. I was hitting on her friend and didn't know they were lesbians. After a couple of punches I apologized and offered to buy her a new jockstrap.
@roknsteve "Scotch-Irish" Well, there you are. Mixing booze is never a good idea.
@La_Randy @sacredh no, it wasn't her. It was dealing with people on rec boats yesterday that were drunk. I was busy from the time I got there until we left and I could have sworn it was a full moon because they were doing about the most unsafe crap you can imagine. I felt like a kindergarten teacher dealing with a classroom full of kids on meth. One joker took his trunks off and was trying to get his shorts on but was too loaded to get his legs in the holes. After a few minutes he decided ANOTHER beer might help him focus so he was sitting on the front of the boat naked drinking a beer.
@forgottenlord, one of my best friends at work told me years ago that he'd noticed that I kept getting calmer the angrier I got and that I spoke softer. He said when I shut up and started smiling, he got the hell away from me.
Not quite, but yes. The main difference is that Exchanges still have some middle man charges in the exchange itself - charges that would normally be absorbed by the company/managing group.
@terryclifton1 @forgottenlord They are not exempt. Grassey introduced a poison pill amendment to the PPACA that included the Congress which would have otherwise been exempt under the law as a large employer. This kink led to having to pass another law that would allow the government to contribute to the healthcare plans of those employees as it had done before.
Because the cost of a group plan is lower than the cost of non-group plans and while Exchanges bring down the price of individual plans, they don't bring it down to group plan levels so....yeah.
1. Obamacare has an ungodly amount of regulations and rules, requires doctors to spend more time on paperwork taking time away from treating patients,Lie... rewards doctors to move to electronic records instead of paper records.
2. leaves millions without coverage.
This has be the stupidest statement of all considering republican governors are refusing to expand medicaid to cover the poorest citizens in their states leaving millions uninsured.
Who is exactly refusing coverage to Americans?
3.demands that young people pay,
Rich, considering that republicans had no mercy on them when it came to college loans this month.
@ahandout thou must pay for car insurance too. OUTRAGEOUS!!
Obamacare has an ungodly amount of regulations and rules, requires doctors to spend more time on paperwork taking time away from treating patients, punishes what used to be a normal healthcare plan, demands that young people pay, and leaves millions without coverage. Another lie that Obama sold us.
So you say that you didn't agree with xyz - I said I don't agree with xyz but you treat what I say with a completely diff standard from your own? Do you 'read' yourself?
BTW - we ,might help elect someone but we we don't control them. Sorry, but we don't have some magic mind trick. If Obama don't listen he won't.
Liberals elected Clinton; liberals elected Obama. Summers was and is a key economic advisor to both. Go ahead hate on yourself, you should.
WTF is wrong with your brain? Just wondering. If I don't like one thing doesn't mean I have to discard everything associated with that. Guilt by association is a moronic fallacy. Why do you even think like that?
Seriously - it's like you can't separate bad wrong something else and think two thoughts and chew bubble gum at the same time.
Lower tariffs would result in lower prices, greater exports, and a stronger economy.
No liberal thought that - that's why Clinton is a centrist.
And GUESS who is going to be the next Fed Chairman: Larry, Lawrence Summers. Gawd, you people got duped over and over and over again.
And no liberal likes him. Your point?
Oh, that Mitt Romney would be better - no - you're wrong. He would be the same and worse. More outsourcing at an even greater pace while corporations and rich enjoy lower prices.
Remember it's the "global economy" stupid.
Clinton assumed that economic globalization was inevitable. He also believed in the classical theory of free trade: Lower tariffs would result in lower prices, greater exports, and a stronger economy. "it's so wonderful when an economic theory turns out to be right," his Treasury Secretary, Lawrence Summers, would later crow; "The economic benefits of the tariff reductions we negotiated during the Clinton administration represents the largest tax cut in the history of the world."
Source: The Natural, by Joe Klein, p. 79 , Feb 11, 2003
Really "greater exports" to who the Chinese? Why would the Chinese buy anything from us but one item? They then reverse engineer it and produce cheap clones.
And GUESS who is going to be the next Fed Chairman: Larry, Lawrence Summers. Gawd, you people got duped over and over and over again.
That's why they fight any bill helping small and medium business, load all kind of corporate welfare with pork and won't stop any tax deductions and corporate loopholes that benefit outsourcing. They're more worried about super rich peoples INCOME TAX over actual stimuli for the economy (like increasing peoples wages so they can afford to consume).