November 2009

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A pretty rough first 10 months overall, but let’s break down the important economic issues.

1. Monthly federal budget deficits have been decreased by one-fourth. For October 2008, the CBO reported a federal budget deficit of $232 billion. The CBO reports the October 2009 deficit at $175 billion, a reduction of 24.6%.

2. Equity markets have soared by about 59%. After hitting a low in early March just below 6500, the DJIA has risen past 10,300.

3.  The job losses started in January 2008.  All through 2008, the net number of jobs shed by the economy grew each month, reaching its worst point in January 2009, when the economy lost more than 700,000 jobs. From that moment forward, the picture has been improving, with net losses shrinking each month to 190,000 in October. Of course, losses are losses, and so this means that total unemployment has continued to rise. But how can we look at this chart

Picture 14

and not conclude that the jobs market has been heading in the right direction since early 2009?

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You have got to be kidding me!

The Republican National Committee could be on the verge of imposing a strict purity test on GOP candidates and officeholders, if a proposed resolution passes at their upcoming meeting in January: If you disagree with the party line on three or more out of a list of ten key issues, no money or official party support for you.

  1. We support smaller government, smaller national debt, lower deficits and lower taxes by opposing bills like Obama’s “stimulus” bill;
  2. We support market-based health care reform and oppose Obama-style government run healthcare;
  3. We support market-based energy reforms by opposing cap and trade legislation;
  4. We support workers’ right to secret ballot by opposing card check;
  5. We support legal immigration and assimilation into American society by opposing amnesty for illegal immigrants;
  6. We support victory in Iraq and Afghanistan by supporting military-recommended troop surges;
  7. We support containment of Iran and North Korea, particularly effective action to eliminate their nuclear weapons threat;
  8. We support retention of the Defense of Marriage Act;
  9. We support protecting the lives of vulnerable persons by opposing health care rationing and denial of health care and government funding of abortion; and
  10. We support the right to keep and bear arms by opposing government restrictions on gun ownership;

So you have to score better than 70% to be a real Republican? This is absurd.

So who is not a good Republican?

George Bush would fail because he exploded the deficits, he supported an immigration bill with amnesty, and he opposed a troop request for the military in Afghanistan in his final year of the presidency. He also weakly supported the cap-and-trade bill offered by Lieberman, Warner, and others.

Reagan would fail because he exploded the deficits and raised taxes, he supported amnesty to illegal immigrants, he supported the Brady Bill and other gun control measures.

Neil from the comments at TPM hits the nail on the head.

wait… only 7 of ten bedrock principles? Gotta love Republicans.

It’s just like when Moses came down from Mt Sinai with his multiple choice, seven-outta-ten commandments.

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Wasn’t the GOP all over this just months ago? Wasn’t tax breaks to small businesses the “economic engine” that would drive recovery? The New York Times reports that one plan the Obama administration is considering would grant a $3,000 tax credit to employers for each new hire in 2010. Under another, two-year plan, employers would receive a credit in the first year equal to 15.3% of the cost of adding a new worker, an amount that would be reduced to 10.2% in the second year and then phased out entirely.

Yet now Republicans are unlikely to endorse a tax credit for businesses that create jobs. House GOP Whip Eric Cantor (Va.) said he was fairly certain a GOP working group on the economy would not include such a tax break in its recommendations.

I happen to oppose tax breaks for new hires, but is there ANYTHING the Republicans DO support in a Democrat administration??

I just don’t think this tax credit will work. Will the government pay his wages too, while he stands around reading comic books because businesses don’t have any work for him to do? The economy is crap, business is down and shows little sign of being better, yet the government wants businesses to hire new people not because they have anything for them to do but because the payroll tax on them will cost less. Why would any business take on the long term cost of employing additional people because of a short term subsidy? Either you need the people, or you really don’t.

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Senate Republicans blocked a Democratic effort Wednesday to immediately freeze increases in credit card interest rates, fees and finance charges.

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Since Ronald Reagan, the Republican party has been by the rich, for the rich. They rail about “big government”, yet they want to protect the rights of these predatory credit card companies to borrow money from the government (i.e., the taxpayers) at 0-4 percent and charge the same tax payers 28 percent interest. Because Thad Cochran wants the world to know he’s been bought and paid for. And he probably realizes his Republican base in Mississippi will vote him in no matter how much he sells them out. Just as long as he’s against gay marriage.

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The more I read this guy the more I like his thinking. Ignore at your peril. This warrior is sounding smarter and smarter.

Chimera of Victory By GIAN P. GENTILE
The New York Times
October 31, 2009
Op-Ed Contributor
Chimera of Victory
By GIAN P. GENTILE

If history is a guide, then the recent suicide bombings in Baghdad show that the insurgency in Iraq is far from over.

Contrary to much of what is written and said, victory is not near and the notion that the “surge” of troops was some great, decisive military action that set the stage for political reconciliation is a chimera.

It was a chimera for the French in Algeria that their bloody counterinsurgency there defeated Algerian nationalists.

After the war, which lasted from 1956 to 1961, a myth started to build in the French Army and then found its way into American Army thinking, where it lives on today, that the French military operations defeated the insurgents.

Not true. In fact, the Algerian insurgents chose to lay low while the French Army and people impaled themselves on the political problems of colonial rule. In the end, President Charles de Gaulle ordered the French Army out of Algeria in 1961 and Algeria got its independence.

About 10 years later, some chroniclers of the Vietnam War began to write that the U.S. Army could have pacified the country and defeated the insurgents toward the end of the war with the counterinsurgency tactics introduced by Gen. Creighton Abrams.

According to this myth, if it hadn’t been for the fickleness and weakness of the American people and politicians, the war could have been won.

This notion, which dominates current army thinking on Iraq and Afghanistan, is also a chimera.

The Communist insurgency in Vietnam was not defeated by the early 1970s, but rather adjusted its actions based on the conditions prevailing in Vietnam.

The Tet offensive of 1968 so reduced Vietcong capability that the insurgents had to take a breather, so to speak, of a couple of years while North Vietnam prepared the final and successful military assault into the South in 1975.

So too with Iraq today. The fundamental political and social problem of who will hold power in Iraq has yet to be resolved, and the final reckoning may still have to be determined through fighting.

The ongoing ability and wiliness of insurgent groups in Iraq to carry out suicide attacks undermines the notion that the surge worked and, through military force, put an end to the violence.

These histories should also inform our thinking on Afghanistan.

History shows that occupation by foreign armies with the intent of changing occupied societies does not work and ends up costing considerable blood and treasure.

The notion that if only an army gets a few more troops, with different and better generals, then within a few years it can defeat a multi-faceted insurgency set in the middle of civil war, is not supported by an honest reading of history.

Algeria, Vietnam and Iraq show this to be the case. Regrettably we don’t seem to be learning anything from history with regard to Afghanistan. We are making the same blunders.

When I was a combat battalion commander in West Baghdad in 2006, I asked an Iraqi Army general how long it would be before the civil war ended in Iraq. “Four hundred years,” was his answer.

It took the United States almost a hundred years to end its most divisive political and social issue, slavery, and it required a cataclysmic civil war. Could an outside force have come into the United States in the 1850s and resolved its internal conflicts at the barrel of a gun?

So why do we think we have ended Iraq’s civil war at the barrel of a gun over the past two years — or that we can do it in Afghanistan?

Gian P. Gentile, a colonel in the U.S. Army, heads the Military History Program at the U.S. Military Academy at West Point and served in Iraq in 2003 and 2006.
Copyright 2009

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Do Republicans know the difference between information that can be shared with the public (leaked to the media) and information that must be kept under wraps for national security purposes? I keep seeing a pattern here. Why would Peter Hoekstra (R-Mich.) tell the Washington Post that Nidal Malik Hasan had exchanged emails with Anwar al-Awlaki, a radical cleric in Yemen…something that federal officials had kept secret for a reason. This is the same guy who pushed for the release and public posting of captured Iraqi documents, roughly a dozen in number, contain charts, diagrams, equations and lengthy narratives about bomb building that nuclear experts say are a danger themselves. The papers published on a government website around March 2006, approved by President Bush, gave detailed information on how to build nuclear firing circuits and triggering explosives, as well as the radioactive cores of atom bombs. The very same information we argue must be kept out of the hands of terrorist was openly published by Republicans. Can I get a WTF?

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Cokie Roberts didn’t hold back on those health care protests headlined by actor Jon Voight, who in a speech Thursday said Obama “has had 20 years of subconscious programming by Rev. Wright to damn America.”

Calling Voight’s performance “cringemaking,” Cokie added “exceptionalism isn’t optimism…It makes you feel just very uncomfortable. And that is not where the future of any party is.”

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Cokie seems to have cottoned to the fact that conservative fear mongering should have no place in the Republican party, at least to some extent, but she is a charter member of the inside-the-beltway crowd and her ilk are in the process of discovering that the Tea-bagging creature they helped  spawn has grown up and out of their control.

Sorry, Cokie, the time for the Beltway gang to be cringing was way before Sarah Palin became a household name, maybe back when you all clucked about stains on a blue dress.

There is no Republican leader who will stand up against this movement and survive politically.  They were all in attendance at the event..lined up like obedient schoolboys behind the podium waiting their turn to speak to the throngs of tea-baggers who carried signs about the “Kenyan in the White House”.

Who attended?  Minority Leader John Boehner, Republican Whip Eric Cantor and Conference Chairman Mike Pence all spoke.  Conservative Rep (and party right-wing howler monkey) Michele Bachmann (R-Minn.), Rep. Steve King (R-Iowa), Rep. Peter Hoekstra (R-Mich.), Rep. Jean Schmidt (R-Ohio) all were in attendance as were Family Research Council President Tony Perkins.

I wonder if they approve of the signs in the crowd.  I crowd they support…a movement they have embraced.

Holocaust

This tells me that lowering the cost of health insurance so people can afford to buy health insurance coverage is like sending them to the gas chamber.

What the hell does that even mean?

“But..but the Democrats did it toooo!!!”

Conservatives point out that the anti-war left and Democrats did the same thing when Bush was in the White House, but this is not true.  The looney Rep. Cynthia McKinney (D-Georgia.) was the only one I could find that attended and supported any anti-war rally’s.  None of the Democratic party’s congressional leadership attended the 100,000 + anti war rally in September of 2005.  When Code Pink wackos barged into and interrupted Congressional hearings into AG Alberto Gonzales, Democratic Chairman Conyers had them thrown out of the chamber.  Something these wingnut tea-baggers don’t understand is that Democrats in Congress funded the troops, at the levels President Bush sought and sometimes with more money than he even requested for Afghanistan and for veterans. In this sense, Democratic congressional leaders didn’t listen to either MoveOn.org or Code Pink, nor did not align themselves to embrace their movement in the way that the GOP has embraced the tea-baggers. If they did, funding for military operations in Iraq would have been cut off long ago (2006).  The anti-war crowd has been almost as critical and practiced its unnerving, in-your-face protests towards all of the Democratic leaders in the House including picketing and camping out at Speaker Nancy Pelosi’s California home.

I think Democrats realize that when you become too shrill (i.e. Sheehan) or too offensive (i.e. Code Pink), you wind up doing more harm to a cause than good, and that rule applies on either the left or the right.  The thing is the conservatives in the GOP, in supporting this anti-government movement, has yet to learn this lesson, and their support of the tea bagger movement is evident of this.

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The Hill says the Congressional Budget Office released its initial analysis of the health-care reform plan that Republican Minority Leader John Boehner offered as a substitute to the Democratic plan.

The Republican alternative will have helped 3 million people secure coverage but leaves 17% uninsured.

The Democratic bill, which covers 36 million more people and cuts the uninsured population to 4 percent.

According to the CBO, the GOP’s alternative will shave $70 billion off the deficit in the next 10 years.

According to the CBO the Democrats plan will slice $104 billion off the deficit in the next 10 years.

Got that!

The Democratic bill, in other words, covers 12 times as many people and saves $34 billion more than the Republican plan.

In other words…

Failed

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Glenn Greenwald tells us that…

The Obama administration has, yet again, asserted the broadest and most radical version of the “state secrets” privilege — which previously caused so much controversy and turmoil among loyal Democrats (when used by Bush/Cheney) — to attempt to block courts from ruling on the legality of the government’s domestic surveillance activities.  Obama did so again this past Friday — just six weeks after the DOJ announced voluntary new internal guidelines which, it insisted, would prevent abuses of the state secrets privilege.  Instead — as predicted — the DOJ continues to embrace the very same “state secrets” theories of the Bush administration — which Democrats generally and Barack Obama specifically once vehemently condemned — and is doing so in order literally to shield the President from judicial review or accountability when he is accused of breaking the law.

It was the Bush Administration that took the position that they could arrest and hold, without trial, anyone on the planet for as long as they saw fit, for any reason or for no reason.

I’m still glad we have this guy in the Oval Office (particularly when I pause to remember who his competition was…), but I will be honest: The disappointments are real, they are legitimate, and they get me pissed off to say the least. I guess now we will hear “well, we’ve changed our mind, we’ll torture people if we want to.” Thanks to George W. Bush, Richard Cheney and now, sad to say, Barack Obama, there seems to be no check on this power once aggregated to the presidency.

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Remember this?

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  1. Don’t get sick.
  2. If you do get sick…
  3. Die quickly.

Well the GOP is rolling out their reform plan in a few days.

Minority Leader John Boehner (R., Ohio) said Monday that the plan wouldn’t seek to prevent health-insurance companies from denying sick people insurance — a key plank of the Democrats’ legislation.

If the Republicans want to bash the Dem plan on legitimate policy grounds, please be my guest, but first you have to bring a viable plan to the table based on solving these primary problem with our broken system?

  1. Lack of access to insurance
  2. Under coverage by insurance
  3. Denial of coverage for bullshit reasons

Unless the GOP has a safety net for these circumstances, it needs to STFU and stop wasting my time.

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