What Republicans Won't Say!

Watch Idiot Republican Senator Mike Lee Lie and Get Called On It

Chris Matthews actually got a chance to call a Republican, Senator Mike Lee (R) Utah, on his distortion of the facts regarding the debt ceiling debate. It's another pathetic example how Republicans lie and distort the facts and a rarity in that  the lying Senator Mike Lee was challenged on his lie!  You almost feel sorry for the lying and spinning Senator Mike Lee from Utah!  Great job Chris Matthews in dicing up this Republican idiot.  You'd never see that on the right-wing propaganda news station called Fox News!

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Idiot Bachmann's Hypocrisy Catching Up to Her

Hypocritical Bachmann consistently attacks government and believes it never does any good.  Amazing for someone who has benefited greatly from government and its program, from farm subsidies to Medicare idiot Bachmann has been there to collect the money from Uncle Sam!  And at the same time she collects the government benefits she decries all government—the pinnacle of hypocrisy!

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Senator John McCain Speaking a Little Truth

Nice to see Senator McCain having a cogent moment or two.  He seems a bit off his rocker quite often, but he definitely sees this one as it is.

Speaker Boehner Takes the Money and Screws the American People

I wish Speaker Boehner would quit the charade that he is doing good for the sake of the U.S., more nonsense and more lies from another tainted politician.  The facts are his agenda is clear: protect special interests and dismantle President Johnson's Great Society contributions to the American people.  Boehner keeps repeating, ad nauseum, that his approach is "reasonable" and "common sense."  Bullshit!  It's only reasonable to extremist Republicans and Tea Party traitors and is greatly opposed by main-stream Americans.  Boehner is playing Russian roulette with the American economy for special interests that pay his campaign bills and his threats of going along with his minority views or he will default on our already incurred debt is abhorrent and should lead to his immediate demotion, impeachment, hanging, whatever.  I predict he will fail and end up losing his House Speaker position or even better lose his seat in the Congress.  And good riddance to his failed minority extremist hypocritical policies.

Manufacture a Crisis and Destroy Medicare/Medicaid/Social Security

The Republican party is going through unprecedented steps to dismantle programs they have long disagreed with—Mediare, Medicaid and Social Security.  Their playbook is simple and audacious:

1. Starve the beast—spend like crazy for wars and tax breaks for the rich.
2. Create a crisis, perceived or actual, related to budgetary concerns (see Shock Doctrine).
3. Implement mandatory cuts in programs they have long wanted to destroy.
4. Leave tax cuts and loop holes for the rich in place.
5. Cement it all with a biased constitutional amendment.
6. Sit back and let the automatic carnage, spending caps, decimate the middle class.
7. Collect their donations from the special interests.
8. Blame the backlash on automatic provisions in their bills and amendments.

They have gotten to step two and they might be able to pull it off if they can actually create the crisis.  Republicans are acting in their own self interests and not in the country's interests.  For the country's sake, let's hope they fail miserably and Americans can really see where Republicans stand and what they don't stand for.

Why Eric Cantor is Dangerous to the U.S.

Eric "walk-out" Cantor stands against middle class Americans and for special interests even when some of those special interests don't want his special tax breaks for the wealthy.  At least Warren Buffett has stood up and said that it's nuts his secretary is taxed at a higher rate than the 3rd richest person on the planet.  Well, at least, we can see why Eric Cantor stands against ordinary Americans—money, contributions from those he protects!  Simple as that!  See here. 

Just Another Average Killing Spree in the U.S.

I'm starting to think the whole American myth  is and was a fake and nothing more than a sophisticated propaganda machine.  All that crap about the "greatest country on earth," "home of the brave," "land of the free," "envy of the world."  It's all bullshit!  There's not much to envy in the U.S. anymore.  Higher rates of poverty than much of the developed world, no health care for millions, shrinking middle class, government controlled by lobbyists and corporations and to top it all off guns, violence and crime.

Just a few headlines from this weekend:

"Man shoots 9 at US skating rink"
"11 wounded as gunfire erupts at Kent car show"
"Gunman kills 5, himself in Texas"
"3 dead, 1 hurt in Ariz. motorcycle rally shooting"
"9 teens hurt in Apopka house party shooting"

I wonder if Americans even notice the carnage in the streets and I wonder if they have any idea that most developed countries and many developing countries in the world don't suffer from that sort of violence and mayhem.  It's a joke that the U.S. pretends to be a role model throughout the world—nation building, a ridiculous number of military sites, judging other countries—the the whole country is crumbling under their noses and they can't even see it!  Good luck U.S.A!  I think your glory days are long gone!  I just hope you don't take down the rest of the world with you!  R.I.P.

Sensible Regulations that Republican Nazis Would Hate

I haven't heard any Republicans claim it's bad regulation, but based on how they are against ALL regulation I'm sure they would oppose informing consumers if their meat is not all meat!  Leave it to Republicans to abandon consumers for any special interest that will pay their bills!

We Need Bob Dole!

"Poor Boehner has enough of Cantor’s knives in his back to open a steakhouse."
That's a quote from this Newsweek article that spells it out quite clearly why the Republican party is dangerous for America.  There is no doubt that Republicans play by and rule for a very narrow constituency of big corporations, fringe puritanical religious fundamentalists and Tea Party zealots.  I can't imagine a worse situation for the U.S.  There's a very real chance the whole system will implode under the fanaticism of this fringe Republican party while the majority of moderates can only watch and wonder at the extremism.  If there was any doubt that Republicans are a narrow self-interested party, that should be laid to rest once and forever now!

Consumer Financial Protection Bureau Debuts

Is Goldman Sachs Manipulating Results for Political Gain

The worst thing that Goldman Sachs could do right now is report huge profits.  With a little accounting sleight of hand these large banks can easily recognize gains or losses when it suits them, especially quarter to quarter.  I think the more important number is how they are doing for the year.  And clearly they are not hurting with net earnings of $8,354,000,000 for the quarter ending December 31, 2010, $2,735,000,000 for the quarter ending March 31, 2011 and $1,087,000,000 for the latest quarter ending June 30, 2011!   I would not put it past this PR beaten down firm to do anything it can to make itself appear a victim—food for thought!  I think we would all be naive if we thought these big banks wouldn't manipulate results to score political points!  Let's look at the annual numbers to see where they really stand before shedding tears.  Soon Goldman will be crying that Dodd-Frank is killing them.  It's bullshit!  See here and here for more.

Talking Head Hannity Spews More Shit

Here's another idiot Republican trying to shame Bill Maher into apologizing for "sexist comments."  It's actually Bill Maher—a comedian—being comedic.  You can judge for yourself below.  This is such phony typical Fox "News" bullshit—they try to use an entertainer's show as proof of media bias or some nonsense of a double standard.  Notice Bill Maher is not pretending to be an unbiased reporter like these Fox assholes.  Also, Fox pulled the video of this idiot Hannity so you can't actually watch his drivel.

http://video.foxnews.com/v/1064367320001/did-bill-maher-finally-cross-the-line/?playlist_id=87937&intcmp=obinsite

Bill Clinton Always Gets it Right

Former president Clinton has an idea to just bypass the whole charade and just ignore the debt ceiling and use the 14th amendment to pay already incurred expenses. Makes sense to me, but then we couldn't watch hypocritical Republicans make asses out of themselves! If it wasn't for Republicans and their Tea Party friends we wouldn't have such an absurd entertaining show!

Chris Matthews Talks Drug Policy

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Senator Carl Levin Tries to Make Sensible Tax Policy

Republicans would love to only cut the little social safety net offered to Americans to reduce the deficit, but fortunately there are a few politicians that will actually stand up to these Republicans and their corporate masters:

Pharmaceutical

 http://english.aljazeera.net/indepth/opinion/2011/07/20117313948379987.html

For children, the rise is even more startling - a thirty-five-fold increase in the same two decades. Mental illness is now the leading cause of disability in children." Under the tutelage of Big Pharma, we are "simply expanding the criteria for mental illness so that nearly everyone has one." Fugh-Berman agrees: In the age of aggressive drug marketing, she says, "Psychiatric diagnoses have expanded to include many perfectly normal people."

Republicans Oppose Consumer Rights and Protections

I'm not really sure what Republicans object to regarding consumer protections, but I guess we can surmise it must be their corporate backers' campaign contributions.  Another example of a bankrupt Republican party!



Some unknown idiot Republican gets unprofessional and rude at about 1 hour and 6 minutes in this hearing on May 24, 2011.

Idiot Congressman Makes Ass Out of Himself

Notice this idiot, Republican Congressman Joe Walsh, doesn't have any facts and just has a belief that he just keeps repeating and repeating. The Republican party is bankrupt without a clue!

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Lying Republican Orrin Hatch Spews Shit from His Mouth!

Watch Senator Orrin Hatch lie through his teeth and blame Democrats and Obama for all the spending and deficit.  His shrillness gives him away as a demagogue and his words spell phony piece of shit.  This is the same Orrin Hatch that voted for the Iraq War, Afghanistan War, the Bush tax cuts and the 2008 Tarp bank bail outs that ran up the debt to begin with!  I guess these lying Republican's just think no one noticed all their spending under Reagan, Bush Senior and Bush Junior for decades.  What a joke!! 

Tea Party Idiot Spews and Spins!

If you're dismayed by Republican politicking lately the answer may lie with this idiot Tea Party founder.  The Republicans, apparently, are actually listening to people that haven't a single clue!  Just be happy these idiots don't control the entire government!

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JPMorgan Steals and Gets a Slap on the Wrist

 It crazy!  Again and again these big banks rip off individuals, companies and the government—everyone!  The latest one is bid rigging in the municipal bond market and it cost taxpayers millions of dollars.  So what's the punishment for JPMorgan?  A very small fine of $200 million and a promise to not do it again.  And of course, no criminal prosecution and no corporate accountability for JPMorgan!  It just keeps happening again and again!

Great Summary of U.S. Debt and World Economy

See the whole post here.

U.S. Debt Crisis

On May 16, 2011, the U.S. debt exceeded $14.3 trillion, the legal debt limit. This burden originates from the 1980s, the Reagan administration, low interest rates and the laissez-faire mantra of deregulation, privatization and liberalization.

With the global financial crisis in 2008-2009, private sector losses were shifted to the public sector, and U.S. debt soared again. When Barack Obama arrived in the White House, it was already 84% of GDP. By the end of the year, it is expected to exceed 100% of U.S. GDP.

In 2009-2019, the U.S. debt will amount to some $20 trillion. The Bush tax cuts and the wars in Iraq, Afghanistan and Libya account for almost 50% of the total. As the costs of the medical services are soaring, the retirement of the large boomer cohorts in the mid-2010s will make the situation much worse.

Through “extraordinary measures,” U.S. Treasury Secretary Timothy F. Geithner has been able to extend the technical debt limit until August 2. So far deep political polarization has made it difficult for the two dominant parties to agree on a new debt limit.

And even when the two will agree on the new limit, they must urgently develop, launch and execute a credible long-term fiscal adjustment program.

Winston Churchill once said that “you can always count on Americans to do the right thing – but only after they have tried everything else.” That, however, was amidst World War II, when the U.S. still spearheaded the world economy and the public debate in Washington was led by the likes of Roosevelt, Truman and Eisenhower.

Extreme political polarization between and within the two leading parties will complicate any potential for actionable compromises.

Great Interview on Investing

Republican Demogogues + Texans = Idiocy!

Those Texan Republicans have got some serious issues.  The federal government would like to phase out energy burning incandescent bulbs and replace them with LED bulbs to save energy.  These LEDs pay for themselves over time and it's really a no brainer that we would switch, but leave it to Texan Republicans to oppose something as sensical as saving energy.

Republicans Hope for U.S.'s Failure

The last thing Republican's want is a recovering economy or real headway on the deficit before the 2012 election.  Never before has the debt ceiling been used in the extortionist way it's being used now.  President Obama called their bluff and offered even more deficit reducing spending cuts, but that is not what the Republicans actually want—what they really want is a bankrupt U.S. until the election thinking that that will enhance their chances of recapturing the White House.  Well they are wrong.  People are seeing through their ruse and it will come back to kill them in 2012!  I just wish democrats wouldn't stop playing politics of old and start swinging with the same cynicism that the GOP has honed over the last 20 or 30 years.

Welcome to Nazi U.S.A.

The U.S. has totally lost it since 9/11.  You couldn't imagine a better outcome if you are Al-Qaeda when looking at the fiascoes in Iraq, Afghanistan and when you enter the country with Homeland Security (nice Soviet ring to that name!) grabbing your crotch, asking for your papers, searching your computer and just keeping it for days.  It's seems like a bad joke that the U.S. even actually still has the constitution and the 4th amendment.  Fortunately, someone is challenging this self-defeating policy and standing up to wave the constitution in the face of the Homeland Security Nazis!  See here.

Big Banks Are Fundementally Corrupt

These big banks are like parasitic leeches that should just be cut out and discarded from society.  Banks like JP Morgan should be boycotted.  It just doesn't make sense any longer to support institutions that look for any way possible to leech off society.   JP Morgan doesn't offer anything of value that can't be found  at a local credit union.  Boycott JP Morgan and support your local credit union or local bank.  We'll all be better off without JP Morgan and Goldman Sachs!  The government should let these banks fail next time as their greed will destroy them and they will come to the tax payers again in the future.

Facebook's Overhyped Bubble is the New AOL

I'm not buying the hype that is  being fed to us by parties, Facebook itself and investors like Goldman Sachs, that have an interest in perpetuating the myth that Facebook will change the world forever and it's worth north of $50 billion.  It will wear off and fade just as AOL did in the 90's.  Also, those inflated numbers are as phony as phony can get.  I myself would account for 7-10 users and I just signed up to see what the buzz was about—it wasn't much!  Wall Street can't get away with pumping up every business with a flaky business plan like it did 10-12 years ago, but I guess they're thinking they can get a away with pumping up a few here and there like Facebook, Linkedin and Groupon before everyone catches on, but by that time they'll be long gone having cashed out leaving an empty bag for their usual victims.

China's Bubble Coming to an End

The whole Chinese expansion feels so much like the Japanese experience from the 80's and early 90's.  Week after week we hear another revelation that it's not as rosy as it's been portrayed.  The latest revelation is Chinese local government debt has been understated by U.S. $540,000,000,000.  This is just the latest one; the whole bubble has been financed and orchestrated by the government through the banks—massive credit expansion.  It will come to an end and it won't look pretty!

Missing $18 Billion in Iraq!

If this doesn't warrant an investigation, I don't know what would.  Apparently the Bush administration flew in $20 billion into Iraq without a system to keep track of it.  That by itself should land someone behind bars, but the press is just silent on the issue except for here and there.