Friday, April 08, 2011
Nobody Asked Me, But...
Thursday, April 07, 2011
Say It Ain't So!
Interesting Background Piece
Cannon Fodder
Words of Wisdom
From Jesse's Café Américain:We now have an economy in which five banks control over 50 percent of the entire banking industry, four or five corporations own most of the mainstream media, and the top one percent of families hold a greater share of the nation's wealth than any time since 1930. This sort of concentration of wealth and power is a classic setup for the failure of a democratic republic and the stifling of organic economic growth.A systematic plan to create the illusion of stability and provide no-risk profits to the mega-Wall Street banks was implemented in early 2009 and continues today. The plan was developed by Ben Bernanke, Hank Paulson, Tim Geithner and the CEOs of the Wall Street banking syndicate. The plan has been enabled by the FASB, SEC, IRS, FDIC and politicians in Washington DC. This master plan has funneled hundreds of billions from taxpayers to the banks that created the greatest financial collapse in world history. The authorities had a choice. This country has bankruptcy laws. The criminally negligent Wall Street banks could have been liquidated in an orderly bankruptcy. Their good assets could have been sold off to banks that did not take their extreme greed-based risks. Bondholders and stockholders would have been wiped out. Today, we would have a balanced banking system, with no "too big to fail" institutions. Instead, the years of placing their cronies within governmental agencies and buying off politicians paid big dividends for Wall Street. Their return on investment has been fantastic.
Words To Live By, Words To Regret
"At a time when the economy is still coming out of an extraordinarily deep recession, it would be inexcusable -- given the relatively narrow differences when it comes to numbers between the two parties -- that we can't get this done," Obama said last night at the White House.
Boehner 'No daylight' between tea party and me:
“Listen, there’s no daylight between the tea party and me,” the Ohio Republican said in an interview with ABC News conducted Wednesday.
“None,” he said, when questioner George Stephanopoulos pushed back. “What they want is, they want us to cut spending. They want us to deal with this crushing debt that’s going to crush the future for our kids and grandkids. There’s no daylight there.”
I'm grinning as I write this. Boener is from Ohio. Ohio is a battleground state. While Boener can slather his district with pork to ensure his re-election, the one thing he cannot do is persuade people that insane folks are sane.
His seat is officially up for grabs now. By marrying himself to the Teabaggers, he will now make the Speaker of the House of Representatives officially responsible for every hate-mongering sign, every slanderous blogpost, each and every outrageous stunt the Teabaggers pull, in and out of Washington, DC.
There's eighteen months. That's practically an eternity in national politics nowadays. He's hitched his wagon to a failing star whose light is dimming after the supernova of 2010. The Koch brothers money is running out, else Glenn Beck would still have his job at FOX and Wisconsin would still be electing Republicans.
Wednesday, April 06, 2011
Republican Political Strategy
Isn't It Ironic, Dontcha Think?
Thrown Under His Own Bus
Crossing Fingers
Yes, This Is How You Respect Your Elders
The subsidies seniors receive would be based on the value of Medicare at the start of the plan. The subsidies would increase at a rate indexed to GDP, which is growing much slower than health care costs. The upshot? Medicare beneficiaries would spend far more out of pocket under this system than in the current one. In its analysis of Ryan's budget, the Congressional Budget Office makes this point repeatedly."Under the proposal, most elderly people would pay more for their health care than they would pay under the current Medicare system."
"Under the proposal analyzed here, debt would eventually shrink relative to the size of the economy — but the gradually increasing number of Medicare beneficiaries participating in the new premium support program would bear a much larger share of their health care costs than they would under the current program"
According to the CBO, "a typical 65-year-old" with a private health insurance plan covering standard Medicare benefits could be liable for 61% of their total health care costs in 2022 under Ryan's plan. By 2030, the figure could be 68%. Ryan's plan would vary subsidies to seniors based on income and health status — poorer and sicker beneficiaries would get larger subsidies. But the details of this are still unknown. Who determines the health risk and how is that translated into dollars?
"...costs to individuals (beyond those covered by the premium support payment) would be higher under the proposal than under traditional Medicare, and some individuals would therefore choose not to purchase insurance...the number of older Americans without health insurance would be higher."
While a little over half are somewhat or very certain they'll be able to retire in comfort when the time comes, a full 44% have little or no confidence in it, according to the Associated Press-LifeGoes-Strong.com. survey.
Just 11% are strongly convinced they'll be well off when they retire, the poll showed.
Democracy Inaction
A Life Sentence
Tax Cuts For The Rich On The Backs Of The Dying
Ryan doesn't mention the tax cuts, of course, because they unravel the entire rationale for his proposal. Americans overwhelmingly oppose cuts to Medicare and Medicaid. Ryan understands he can only make his plan acceptable if those cuts are seen as necessary to save the programs.
And certainly some level of cutting is necessary. But Ryan's level of cutting goes far beyond what's needed to preserve those programs, and it does so in order to clear room for a very large, regressive tax cut. He is making a choice -- not just cut Medicare to save Medicare, but also to cut Medicare in order to cut taxes for the rich.
Ryan does not want to debate that choice, but he ought to be forced to do so.
How Is The Deposition Of Mubarak Like September 11?
Twice in a decade now, hitherto neglected non-state actors have seemingly come from nowhere to fundamentally alter both America's perception of the Middle East and the history of the region itself. Unfortunately, Americans were too mesmerised by the spectre of their own power to see such things coming.
At this juncture, as Americans ponder their future relationship with the Arab world, they might do well to consider the ideas of an important, but neglected theorist of political power, John Howard Yoder. He offered the sound insight that state power (whether 'soft', 'smart' or 'hard') is not equivalent to real power and that he who wields the sword is not the source of agency or creativity in history.
I Can't Say This Often Enough
One Positive Out Of Ryan's Dope....
Ventura Highway
The One-Percent Solution
Tuesday, April 05, 2011
Um...HOLY SHIT! PANIC!
Budget Follies, Part 2
In the Ryan proposal, some of the biggest changes would occur in Medicare, the health program for the elderly and disabled, and Medicaid, the health program for the poor. Medicare in 2022 would be converted into a "premium support" system, meaning beneficiaries would choose from an array of private insurance plans, with government helping pay the premium.
Remember those Teabagger rallies against healthcare reform? The ones with the signs "Keep Government Out Of My Medicare"?
Yea, there it is: Ryan's plan will quasi-privatize healthcare for seniors, while raising their premiums. In case you don't have an elderly relative, Medicare is a separate payment made by the Social Security Administration into the medicare system, separate from your Social Security check. At the end of the year, you may have to pay taxes on this amount (admittedly, pretty small).
No HMO in their right mind is going to accept the Medicare premium against a policy. This means that your premiums will go up, flat out. For someone on a fixed income that's forcing a choice between healthcare and eating.
Of course, most Republicans only know wealthy seniors who can afford this, but I digress...
Too, the aged population of Medicare almost guarantees that premiums for non-seniors will skyrocket too, as the insured pool suddenly gets much older and more important, much sicker. Remember....fixed income...choices...not every senior eats so healthy or can afford a healthclub membership.
Except the wealthy Republican seniors, but I digress...
So you're basically seeing the dismantling of Medicare, the most efficient, cheapest and most effective health insurance in the country.
And it's run by the government!
Memo To The GOP
MEMO
Budget Follies, Part 3
The GOP budget would also overhaul the tax code, setting the top individual and corporate rates at 25% rather than 35%. The changes would be revenue-neutral, since the budget would eliminate a series of tax breaks. But even some Republicans say it's unrealistic to try to balance the budget without some increases in revenue.
GASP! Raise taxes? Say it ain't so, Joe!
I'm curious to see how the Republicans will herd cats after this announcement.
Here's the thing: why not just cap the loopholes and forget about lowering the top tax rate which is already lower than any top tax rates since the income tax was instituted?
Budget Fiasco, Part I
Playing Into Obama's Hands
The Wrong Answer
Message: "You My Bitch"
Oh Fercrissake!
An individual's responses to census questions are confidential, but one of President Obama's answers on the 10-question form adds more fodder to the ongoing conversation about how America sees itself.
After media inquiries, the White House confirmed that Obama checked only the racial box that says: "Black, African Am., or Negro," the Associated Press reported.
Obama could have checked more than one racial box, given that his father was an African from Kenya and his mother was a white woman from Kansas. He could have checked "white" as well, or even "some other race" and written in "multiracial."
Yea, he could have. So what?
If he self-identifies as primarily black, who am I to argue with him? Hell, as far as I'm concerned, he can self-identify as Eskimo and it doesn't make a damn bit of difference.
Technically, he may be multiracial. So am I, if you go back far enough (NatGeo has it about 50,000 years, based on deep analysis of my DNA). My ancestors stalked game on the plains of Africa, just like nearly everyone else on this rotten hellhole of a planet that we've managed to screw beyond belief.
But he's in an unique position of being able to legitimately choose what identity he wants. 50-50. Half African American, half Caucasian.
In the old days, under any number of laws on the books in any number of states, this would automatically classify him as "Negro" (or worse). That was the default, as his blood wasn't pure enough to be white.
We still see remnants of that discrimination, albeit uncodified, in society at large.
Ask yourself this: which community has been more welcoming of the election of a black man as President: the white American community or the black American community?
Can we really blame him for identifying with the people who threw open their arms as opposed to folding them up? Does anyone believe that this man in his life has not seen the same acceptance/rejection theme time and time again?
When Teabaggers accept that a man born of a Kenyan father, raised in an Indonesian household (among others), but a natural born American can be a legitimate President, and look past the color of his skin to the content of his heart, then we can have this discussion.
Until then, leave the nice man alone, please.
Monday, April 04, 2011
Really? It's Come Down To This?
Sen. Dan Hated
I Filled My Tank This Weekend
This Is Welcome News For Me
Nice Call!
I'm Actually Looking Forward To Tomorrow
Good Luck With That, Mr. President
President Obama on Monday kicked off his reelection campaign with a quiet video posting rather than the usual hoopla.
In addition to the video, titled "It Begins With Us," the Obama campaign sent an e-mail to supporters announcing the drive for 2012. The announcement had been expected and was signaled in reports throughout the weekend.
Obama pledged to focus on his job, but will pick up the tempo of campaigning this month with several fundraisers. The campaign is hoping to raise a record $1 billion.