Showing posts with label economics. Show all posts
Showing posts with label economics. Show all posts

Saturday, July 7, 2012

Don't Have a Job? Say Thanks to Conservative Republicans




















Don't Have a Job? Say Thanks to Conservative Republicans

New numbers released today by the Bureau of Labor Statistics show that the economy added a mere 80,000 jobs in June. That’s down from an average of 150,000 jobs a month for the first part of the year, and far too little to keep up with population growth.

Republican intransigence on economic policy has been a key contributor to the sluggish recovery. As early as 2009, Republican fear-mongering over spending and their readiness to filibuster in the Senate helped convince the White House economic team that an $800 billion stimulus was the most they could hope to get through Congress. Reporting has since revealed that the team thought the country actually needed a stimulus on the order of $1.2 to $1.8 trillion. The economy’s path over the next three years proved them right. Here are the top five ways the Republicans have sabotaged the economic recovery since:

    1. Filibustering the American Jobs Act. Last October, Senate Republicans killed a jobs bill proposed by President Obama that would have pumped $447 billion into the economy. Multiple economic analysts predicted the bill would add around two million jobs and hailed it as defense against a double-dip recession. The Congressional Budget Office also scored it as a net deficit reducer over ten years, and the American public supported the bill.

    2. Stonewalling monetary stimulus. The Federal Reserve can do enormous good for a depressed economy through more aggressive monetary stimulus, and by tolerating a temporarily higher level of inflation. But with everything from Ron Paul’s anti-inflationary crusade to Rick Perry threatening to lynch Chairman Ben Bernanke, Republicans have browbeaten the Fed into not going down this path. Most damagingly, the GOP repeatedly held up President Obama’s nominations to the Federal Reserve Board during the critical months of the recession, leaving the board without the institutional clout it needed to help the economy.

    3. Threatening a debt default. Even though the country didn’t actually hit its debt ceiling last summer, the Republican threat to default on the United States’ outstanding obligations was sufficient to spook financial markets and do real damage to the economy.

    4. Cutting discretionary spending in the debt ceiling deal. The deal the GOP extracted as the price for avoiding default imposed around $900 billion in cuts over ten years. It included $30.5 billion in discretionary cuts in 2012 alone, costing the country 0.3 percent in economic growth and 323,000 jobs, according to estimates from the Economic Policy Institute. Starting in 2013, the deal will trigger another $1.2 trillion in cuts over ten years.

    5. Cutting discretionary spending in the budget deal. While not as cataclysmic as the debt ceiling brinksmanship, Republicans also threatened a shutdown of the government in early 2011 if cuts were not made to that year’s budget. The deal they struck with the White House cut $38 billion from food stamps, health, education, law enforcement, and low-income programs among others, while sparing defense almost entirely.

There have also been a few near-misses, in which the GOP almost prevented help from coming to the economy. The Republicans in the House delayed a transportation bill that saved as many as 1.9 million jobs. House Committees run by the GOP have passed proposals aimed at cutting billions from food stamps, and the party has repeatedly threatened to kill extensions of unemployment insurance and cuts to the payroll tax.

According to the Congressional Budget Office, those policies — the payroll tax cut, food stamps, unemployment insurance, and discretionary spending for low-income Americans — have the highest multipliers, meaning more job boosting potential per dollar.

Since the tea baggers voted in a majority in the House of Representatives in 2010 and Republicans in the Senate - even though they are the minority - have used the filibuster or threats of one to kill any jobs bills, there is not much Obama can do. In a round about way Mitt Romney agrees. H/T to here for this video,
Gov. Romney on Poor Job Growth in Massachusetts: ‘To Suggest That Somehow the Day I Got Elected, Jobs Should Have Immediately Turned Around, Well, That Would Be Silly’
[When] Romney himself was running a government, in his case the state of Massachusetts, he was even more defensive about his lack of control of the employment picture than Obama is today. A new video unearthed by the liberal research group American Bridge shows Romney at a press conference in June 2006 admonishing reporters on disappointing jobs data. “You guys are bright enough to look at the numbers. I came in and the jobs had been just falling right off a cliff, I came in and they kept falling for 11 months,” he explains.

    “And if you are going to suggest to me that somehow the day I got elected, somehow jobs should have immediately turned around, well that would be silly. It takes awhile to get things turned around. We were in a recession, we were losing jobs every month,” he added.

USA Today's Uninformed Campaign To Shame The Poor - A USA Today editorial is downplaying poverty and food insecurity in America, and using Fox News talking points to justify a push to cut vital and effective anti-poverty programs.

Friday, June 29, 2012

How a Brutal Strain of Conservative Republican Aristocrats Have Come to Rule America



















How a Brutal Strain of Conservative Republican Aristocrats Have Come to Rule America

It's been said that the rich are different than you and me. What most Americans don't know is that they're also quite different from each other, and that which faction is currently running the show ultimately makes a vast difference in the kind of country we are.

Right now, a lot of our problems stem directly from the fact that the wrong sort has finally gotten the upper hand; a particularly brutal and anti-democratic strain of American aristocrat that the other elites have mostly managed to keep away from the levers of power since the Revolution. Worse: this bunch has set a very ugly tone that's corrupted how people with power and money behave in every corner of our culture. Here's what happened, and how it happened, and what it means for America now.

North versus South: Two Definitions of Liberty

Michael Lind first called out the existence of this conflict in his 2006 book, Made In Texas: George W. Bush and the Southern Takeover of American Politics. He argued that much of American history has been characterized by a struggle between two historical factions among the American elite -- and that the election of George W. Bush was a definitive sign that the wrong side was winning.

For most of our history, American economics, culture and politics have been dominated by a New England-based Yankee aristocracy that was rooted in Puritan communitarian values, educated at the Ivies and marinated in an ethic of noblesse oblige (the conviction that those who possess wealth and power are morally bound to use it for the betterment of society). While they've done their share of damage to the notion of democracy in the name of profit (as all financial elites inevitably do), this group has, for the most part, tempered its predatory instincts with a code that valued mass education and human rights; held up public service as both a duty and an honor; and imbued them with the belief that once you made your nut, you had a moral duty to do something positive with it for the betterment of mankind. Your own legacy depended on this.

Among the presidents, this strain gave us both Roosevelts, Woodrow Wilson, John F. Kennedy, and Poppy Bush -- nerdy, wonky intellectuals who, for all their faults, at least took the business of good government seriously. Among financial elites, Bill Gates and Warren Buffet still both partake strongly of this traditional view of wealth as power to be used for good. Even if we don't like their specific choices, the core impulse to improve the world is a good one -- and one that's been conspicuously absent in other aristocratic cultures.

Which brings us to that other great historical American nobility -- the plantation aristocracy of the lowland South, which has been notable throughout its 400-year history for its utter lack of civic interest, its hostility to the very ideas of democracy and human rights, its love of hierarchy, its fear of technology and progress, its reliance on brutality and violence to maintain “order,” and its outright celebration of inequality as an order divinely ordained by God.

As described by Colin Woodard in American Nations: The Eleven Rival Regional Cultures of North America, the elites of the Deep South are descended mainly from the owners of sugar, rum and cotton plantations from Barbados -- the younger sons of the British nobility who'd farmed up the Caribbean islands, and then came ashore to the southern coasts seeking more land. Woodward described the culture they created in the crescent stretching from Charleston, SC around to New Orleans this way:

    It was a near-carbon copy of the West Indian slave state these Barbadians had left behind, a place notorious even then for its inhumanity....From the outset, Deep Southern culture was based on radical disparities in wealth and power, with a tiny elite commanding total obedience and enforcing it with state-sponsored terror. Its expansionist ambitions would put it on a collision course with its Yankee rivals, triggering military, social, and political conflicts that continue to plague the United States to this day.

David Hackett Fischer, whose Albion's Seed: Four British Folkways In America informs both Lind's and Woodard's work, described just how deeply undemocratic the Southern aristocracy was, and still is. He documents how these elites have always feared and opposed universal literacy, public schools and libraries, and a free press. (Lind adds that they have historically been profoundly anti-technology as well, far preferring solutions that involve finding more serfs and throwing them at a problem whenever possible. Why buy a bulldozer when 150 convicts on a chain gang can grade your road instead?) Unlike the Puritan elites, who wore their wealth modestly and dedicated themselves to the common good, Southern elites sank their money into ostentatious homes and clothing and the pursuit of pleasure -- including lavish parties, games of fortune, predatory sexual conquests, and blood sports involving ritualized animal abuse spectacles.

But perhaps the most destructive piece of the Southern elites' worldview is the extremely anti-democratic way it defined the very idea of liberty. In Yankee Puritan culture, both liberty and authority resided mostly with the community, and not so much with individuals. Communities had both the freedom and the duty to govern themselves as they wished (through town meetings and so on), to invest in their collective good, and to favor or punish individuals whose behavior enhanced or threatened the whole (historically, through community rewards such as elevation to positions of public authority and trust; or community punishments like shaming, shunning or banishing).

Individuals were expected to balance their personal needs and desires against the greater good of the collective -- and, occasionally, to make sacrifices for the betterment of everyone. (This is why the Puritan wealthy tended to dutifully pay their taxes, tithe in their churches and donate generously to create hospitals, parks and universities.) In return, the community had a solemn and inescapable moral duty to care for its sick, educate its young and provide for its needy -- the kind of support that maximizes each person's liberty to live in dignity and achieve his or her potential. A Yankee community that failed to provide such support brought shame upon itself. To this day, our progressive politics are deeply informed by this Puritan view of ordered liberty.

In the old South, on the other hand, the degree of liberty you enjoyed was a direct function of your God-given place in the social hierarchy. The higher your status, the more authority you had, and the more "liberty" you could exercise -- which meant, in practical terms, that you had the right to take more "liberties" with the lives, rights and property of other people. Like an English lord unfettered from the Magna Carta, nobody had the authority to tell a Southern gentleman what to do with resources under his control. In this model, that's what liberty is. If you don't have the freedom to rape, beat, torture, kill, enslave, or exploit your underlings (including your wife and children) with impunity -- or abuse the land, or enforce rules on others that you will never have to answer to yourself -- then you can't really call yourself a free man.

When a Southern conservative talks about "losing his liberty," the loss of this absolute domination over the people and property under his control -- and, worse, the loss of status and the resulting risk of being held accountable for laws that he was once exempt from -- is what he's really talking about. In this view, freedom is a zero-sum game. Anything that gives more freedom and rights to lower-status people can't help but put serious limits on the freedom of the upper classes to use those people as they please. It cannot be any other way. So they find Yankee-style rights expansions absolutely intolerable, to the point where they're willing to fight and die to preserve their divine right to rule.

Not everyone in the South believes in reliving the Southern Plantation culture - replacing slaves with wage slaves who have no power. By way of relatively small majorities the radical conservatives just happen to get their way. With the exception of Texas most southern states have a disproportionate amount of federal representation because everyone gets two senators - conservatives are thus over represented in Congress. Wherever conservatives are from - the east, west or south they share a dream of an America where there are no morals restraining anything that will generate a profit or more profits. That is why they hate labor laws that protect workers and environmental laws that protect your family's health. They hate science and education because they do not want anyone reading about their rights or learning about rationalism and The Enlightenment. 

Saturday, May 26, 2012

Republicans Do Not Care About The Deficit. They Care About Cutting The Safety Net for Seniors and Children





























Republicans Do Not Care About The Deficit. They Care About Cutting The Safety Net for Seniors and Children

OK, so why does everyone think the deficit is out of control and a threat to the existence of the republic? Good question. It's probably way too late to pull us out of the rabbit hole we've collectively dived into, but anyone reporting on this really owes it to their readers to explain the basic political dynamics at work. So why do Republicans and Democrats both think the deficit is a problem?

    Answer for Republicans: They don't think the deficit is a problem. If they did, they'd favor tax increases, Pentagon cuts, and Medicare cuts, since even the most dimwitted among them knows that cutting domestic discretionary spending won't make a dent in the deficit. But they favor none of these things.

    Rather, they think federal spending on liberal social programs is a problem, and yammering about the deficit is a good way to force cuts to these programs. And there's nothing wrong with this. It's good politics. Why waste a crisis, after all? But anyone reporting on this issue really needs to be honest about what's going on. Republicans want to cut social spending. The deficit is just a handy cudgel to make this happen.

    Answer for Democrats: I'm actually a little stumped here. I think most Democrats understand that the short-term deficit really isn't a problem, and they also understand (I hope) that allowing the Bush tax cuts to expire and letting the economy recover will get us very close to eliminating the primary deficit (i.e., the deficit minus interest payments). If we do that, then publicly held debt as a percent of GDP stabilizes and the deficit problem becomes pretty manageable. The chart on the right from CBPP shows this graphically.

    In the longer term, Medicare growth is a problem — which is just another way of saying that healthcare spending in general is a problem. This needs to be addressed, but it needs to be addressed for its own sake, not just because it affects the federal deficit.

    So why have Democrats joined the deficit chorus? I'm not sure, really. I'd guess it's mainly just fear that they've been outflanked on the issue, and if they want to stay in office they have to yammer about it. But that's just a guess.

In any case, Republicans are wrong: we don't have a spending problem, we have an aging problem. As America ages, Social Security and Medicare are going to cost more, and unless you want to start killing off old people Soylent Green style there's no way to avoid this even if we do get a handle on rising healthcare costs. This in turn means we're going to need more revenue to care for the elderly. As Jon Cohn says today, "It's ridiculous to have a conversation about balancing the budget that won't even contemplate higher taxes."

A perpetually growing deficit will eventually drive up interest rates and slow economic growth, so it's something we should take seriously. But slashing social programs is exactly the opposite of taking it seriously. We need to let the Bush tax cuts expire, get out of Iraq and Afghanistan, keep working hard on reining in healthcare costs, and accept the fact that we're going to need to fund an aging population whether we like it or not. Do that, and all we'll need is modest discipline in the rest of the budget. The long-term deficit is a problem, but it's not a crisis

Perhaps the biggest piece of evidence that conservative Republicans only care about deficits as a political wedge is that they ran up historic deficits from 2001 to 2008 and did not rise one dollar in revenue to pay the deficit down. Mitt Romney has a deficit "reduction" plan, full of accounting gimmicks it will increase the deficit by at at least $3 trillion dollars while cutting the safety net and buying the newest toys for the military.

The Debt Increase Under Obama Is Largely A Result Of Bush-Era Policies

Trump on Romney: ‘He’d Buy Companies, He’d Close Companies, He’d Get Rid Of Jobs’

Wednesday, May 16, 2012

Why Does Scott Brown (R) Hate American Values and Common Decency

















Why Does Scott Brown (R-MA) Hate American Values and Common Decency

WASHINGTON — Continuing his quest to hide his record from Bay Staters, Sen. Scott Brown used a recent Watertown appearance to lie to constituents about supporting tax loopholes for oil companies and powerful corporations.

At a September 28 event at the Watertown Chamber of Commerce, Sen. Scott Brown responded to a question from a concerned constituent by making a series of false statements and misleading claims to perpetuate the myth that he is fighting for working Massachusetts families.

“Despite his campaign promise to be a ‘Scott Brown Republican’ and put Massachusetts ahead of party politics, Scott Brown has time and time again shown he’s more interested in toeing the Republican Party line,” said Rodell Mollineau, president of American Bridge 21st Century.

“By jumping at the chance to defend oil companies at the expense of middle class families and willfully deceiving constituents, Scott Brown has once again revealed that a ‘Scott Brown Republican’ is just like every other Republican — except they lie about it afterwards,” Mollineau added.

BACKGROUND:
At Chamber of Commerce Event, Sen. Scott Brown Misled Constituent On Support For Tax Loopholes

QUESTIONER: “I want to know how you can support cutting Medicare and Social Security and you keep voting to protect tax breaks for billionaire and oil companies, there’s so many subsidies out there, they don’t provide anything to us- they do profit and they profit and they don’t help our local communities like our community banks do.”

SEN. SCOTT BROWN: “With regards to closing loopholes, listen the only loophole that’s been put up before us is the ethanol subsidy and I voted to close that because it’s used its useful life. Are there others that are out there yes, we’ve talked about it but none of them have been proposed at this point . . . it’s difficult to get into hypotheticals about some of the things you’re talking about because they haven’t been brought forward yet. So we’ll chip away at it and we’ll do our very best.”
But Brown Has Routinely Opposed Eliminating Tax Loopholes For Oil Companies & Wall Street

Brown Opposed Closing Tax Loopholes for Oil Companies. In response to a question from MoveOn.org organizer Nina Allen, who pressed Brown to support closing tax loopholes, “Brown said he had voted to close some loopholes, such as a tax subsidy for ethanol. But he said he was not inclined to support any more taxes.” “We’re in a 2 ½- to 3-year recession right now, and raising taxes is an absolute job killer,” Brown said. [Boston Globe, 8/8/11]

Brown Voted to Kill Bill to End Tax Breaks For Large Oil Companies. Brown voted against invoking cloture on a motion to proceed to legislation that would repeal tax breaks for the largest oil companies. The legislation would eliminate five different tax breaks, saving $21 billion over 10 years. The New York Times reported, “The Senate on Tuesday blocked a Democratic proposal to strip the five leading oil companies of tax breaks that backers of the measure said were unfairly padding industry profits while consumers were struggling with high gas prices.” [Vote #72,5/17/11; New York Times, 5/17/11]

Brown Wrote to Senate Finance Committee to Preserve Venture Capital Fund Managers’ Tax Break. In May 2010, Brown wrote to the leaders of the Senate Finance Committee “asking to have the tax break preserved for venture capital fund managers who ‘contribute to the viability of our start-up community.’” The tax break Brown referred to allowed venture capitalists and other financial managers to pay the lower 15 percent capital gains tax rate on the money they earn from successful investments, as opposed to the up to 35 percent tax rate wage earners pay. Eliminating the tax break would have yielded “$24 billion in taxes over the next 10 years” according to the administration. [Boston Globe, 12/29/10]

Brown Voted Against Amendment to Eliminate Oil and Gas Company Tax Loopholes. Brown voted against a Sanders Amendment to the tax extenders bill. Tulsa World reported, “The Senate rejected an amendment, sponsored by Sen. Bernie Sanders, I-Vt., to the American Jobs and Closing Tax Loopholes Act (H.R. 4213) that would have eliminated tax credits for oil and natural gas production and would have used the proceeds to reduce the deficit and fund programs to promote energy efficiency and renewable energy. The vote Tuesday was 35 yeas to 61 nays.” [Vote #187, 6/15/10; Tulsa World, 6/20/10]

Brown Voted Against Closing Corporate Tax Loopholes. Brown voted against the Senate conference committee report on legislation that would close several corporate tax loopholes. The Boston Globe wrote, “The corporate tax bill… would close several so-called loopholes that companies have used to lower their payments to the state. The biggest money-raiser is a provision known as combined reporting, which is designed to prevent companies from shifting profits to other states with lower tax rates. The measure would require companies to combine income from all their operations, then apportion a profit for tax purposes based on the amount of business activity they have in Massachusetts.” [H4904, Vote 261,7/1/08; Boston Globe, 7/1/08]
pay no attention to brown's record of voting like a little puppet for special interests who pull Brown's strings. pay attention to all the noise about Elizabeth Warren and whether she is part Native America ( which no one has proved she is not). Let's all vote to return the corrupt, lying, sleazy Scott Brown to the Senate because that is what conservatives want. The more lying two faced morons like Brown we have in the Senate the easier it is for conservatives to make America into Pottersville. Brown and conservative are counting on voters to act like small minded morons and focus on things that do not matter.


Monday, April 16, 2012

Who Killed Womens Jobs? The Conservative Republican Pretend Patriots




































Who Killed Womens Jobs? The Conservative Republican Pretend Patriots

Yesterday on Meet the Press David (the GOP Talking Point Spigot) Gregory peppered Treasury Secretary Tim Geithner on the issue of jobs losses faced by women under President Obama.  Most news items covering his response have only pointed out the first said...

    "It's a ridiculous and misleading way of looking at the economy"

You can find that quote as the headline at the L.A. Times,, ABC News, Business Insider, Politico, and CBS News among others.

But what I found more interesting is what he said next.  He pointed out that many of the job losses that have occurred while Obama has been President have been in the Public Sector and that's has disproportionately affected police, firemen, nurses and Teachers who are overwhelmingly female.

    I asked Geithner about the technical accuracy of the Romney claim and he explained “this crisis was a very damaging crisis, hurt everybody.  And it began in, as you know, in early 2008.  And a lot of the early job losses in 2008 affected men, because they affected construction and manufacturing. And as the crisis spread and state and local governments were forced to cut back on services and fire a lot of teachers, that caused a lot of damage to women, too.”

Politifact Rated the Romney claim as Mostly False and correctly noted that it come from the BLS:

    Romney’s campaign pointed to U.S. Bureau of Labor Statistics employment figures from January 2009, when Obama took office, and March 2012, for all employees and for female employees.

    Here they are:

    * Total Nonfarm Payroll Jobs:

    January 2009: 133,561,000

    March 2012: 132,821,000

    Net loss: 740,000 jobs.

    * Total Female Nonfarm Payroll Jobs

    January 2009: 66,122,000

    March 2012: 65,439,000

    Net loss: 683,000 jobs.

    They then divided the net loss among women by the total net loss and came up with 92.3 percent.

Although the number is technically true, it doesn't tell the complete story as noted by former Reagan Official Bruce Bartlett:

    "To the extent there have been excessive job losses among women, a lot of it has to do with the fact that there has been an enormous reduction in state and local government employment," Bartlett said. "The decline ... has been especially pronounced in this recession as opposed to other recessions."

This is what the loss of public sector jobs looks like compared to private sector gains under President Obama.

It's not like the GOP has necessarily been a fan of job growth among the public sector.

    "Over the last two years since President Obama has taken office, the federal government has added 200,000 new federal jobs," Boehner said. "And if some of those jobs are lost in this, so be it. We're broke. It's time for us to get serious about how we're spending the nation's money."

And the Center for Budget and Policy points out, State Budgets have been hit hard by this Recession.

    The Great Recession that started in 2007 caused the largest collapse in state revenues on record. Since bottoming out in 2010, revenues have begun to grow again, but states are still far from fully recovered. As of the third quarter of 2011, state revenues remained 7 percent below pre-recession levels, and are not growing fast enough to recover fully soon.

    Meanwhile, states' education and health care obligations continue to grow. Next year, states expect to educate 350,000 more K-12 students and 1.7 million more public college and university students in the upcoming school year than in 2007-08.[2] And some 5.6 million more people are projected to be eligible for subsidized health insurance through Medicaid in 2012 than were enrolled in 2008, as employers have cancelled their coverage and people have lost jobs and wages.[3]

    Consequently, even though the revenue outlook is trending upward, states are still addressing large budget shortfalls by historical standards as they consider budgets for the upcoming year. In some states with two-year budget cycles, projected shortfalls for fiscal year 2013 have already been closed through spending cuts and other measures scheduled to take effect in the next fiscal year, but in the majority of states they must be closed through legislative action in the coming months in order to meet balanced-budget requirements. Extremely large shortfalls addressed in recent years have led to deep cuts in critical public services like education, health care, and human services; the new shortfalls likely will prompt legislators to make further cuts in those areas on top of those already enacted.

And in which states have those public sector cuts been the worst?  You guessed it - in Republican Controlled States.

    The 11 states that the Republicans took over in 2010 laid off, on average, 2.5 percent of their government workforces in a single year. This is compared to the overall average of 0.5 percent for the rest of the states. [...] [T]hese 11 states as a whole account for a total of 87,000 jobs lost, reflecting around 40.5 percent of the total.

    ...

    Texas and the 11 newly-Republican states accounted for a total of 71.5 percent of the year’s public sector job losses, even though they account for less than one-third of the nation’s public sector workers.

    ...

    Many government job losses were due, indeed, to the recession’s impact on state budgets. But in many of the newly-Republican states, the GOP made the problems worse. In Wisconsin, New Hampshire, and Maine, Republican-controlled legislators not only cut public sector jobs, they led assaults on public sector unions, targeting government workers under the guise of balancing their budgets. In those and others, Republicans exacerbated their states’ deficits with tax breaks for corporations and the wealthy, thus leading to even more public sector layoffs that didn’t take place in states that didn’t pursue similar policies.

In several states the attack on public sector jobs has exempted police and firefighters, which leaves teachers and nurses unions to take the majority of the brunt simply so that GOP could give their corporate and Wall Street buddies Bigger Tax Breaks.

The bottom line is that President Obama attempted to stop these types of job losses by extending his emergency stimulus funding to the states.  Guess who stood in the way of that?  I'll let Jeff Hayes of the Institute for Women's Policy Research say it via Politifact:

    "If you break out the 683,000 jobs women lost between January 2009 and March 2012, 64 percent were in government and only 36 percent in the private sector."

    That leads us to a point made by Eileen Appelbaum with the left-leaning Center on Economic and Policy Research. She noted that after the first wave of money in the president’s stimulus bill had run out, Obama asked for another $23 billion in "emergency aid" for state and local governments. The money was sought to avert the layoffs of as many as 300,000 public school teachers, but House Republican leaders stripped it.

    "You could hardly blame Obama for that," Appelbaum said.

There you have it, we now see who killed all those jobs for women.  It wasn't President Obama.  It wasn't Col. Mustard in the Kitchen with a candlestick.

It was the G.O.P., in the Legislature, with a Tax Cut.

Lots of charts at the link. Conservatives cannot have it both ways - cutting jobs that disproportionately affect women and older workers, then turn around and claim someone else is to blame. When a political movement is constantly contradicting itself, telling the public long convoluted stories that bury the truth in bullsh*t, that political movement never has the best interests of the people at heart.

Ann Romney's and the Conservative Republican war on women has an actual body count.

Saturday, March 31, 2012

Anti-American Conservative Myth of the Week - Corporate Taxes Are Too High



















Anti-American Conservative Myth of the Week - Corporate Taxes Are Too High

Republicans have been kvetching today about the fact that, as of Sunday, the U.S. will have the highest statutory corporate tax rate in the world following a scheduled cut in Japan’s corporate tax. “The United States is a world leader in countless ways. ‘World’s Highest Taxes’ is a title we should give up as soon as possible,” wrote Sen. John Barrasso (R-WY) in a Fox News op-ed.

“This isn’t an April Fool’s Day joke; as of April 1, the United States of America will have reached the inauspicious position of having the highest corporate tax rate in the developed world,” said Sen. Orrin Hatch (R-UT) in a statement “I want America to be number one in many things, but having the highest corporate tax rate is definitely not one of them.”

This is constant refrain from Republicans, who then blame the supposedly high U.S. corporate tax rate for discouraging job creation. But as we’ve noted time and time again, while the U.S. has a high statutory corporate tax rate (meaning the rate on paper), U.S. corporations actually pay incredibly low taxes due to the ever-proliferating loopholes, credits, and deductions in the tax code and the use of overseas tax havens.

U.S. corporate taxes that were actually paid (the effective rate) fell to a 40 year low of 12.1 percent in fiscal year 2011, despite corporate profits rebounding to their pre-Great Recession heights. The U.S. both taxes its corporations less and raises less in revenue from corporate taxes than its foreign competitors:

Politico’s Ben White also pointed out that Japan has a value added tax, so it isn’t actually true that the U.S. will have the highest corporate tax rate on Sunday. As billionaire investor Warren Buffett has said, “it is a myth” that U.S. corporate taxes are high. “Corporate taxes are not strangling American competitiveness,” Buffett added.

Of course, it is theoretically possible to lower the U.S. corporate income tax rate while simultaneously raising revenue to help reduce the federal deficit by closing loopholes and cracking down on tax havens. But Republicans have absolutely no interest in that.

Those who think everyone across the political spectrum just needs to sit down and have a civil discussion and we'll work out our differences, think again. Sen. Orrin Hatch of Utah has made a career out of lying to the American public. he has time and again voted against the best interests of the American people. He hates having a democratic republic and envisions, as all conservatives do, an authoritarian state run by the right-wing elite. Hatch is a typical conservative. he cannot win any debates that require truthfulness and honor, because he has nothing but contempt for those virtues.

A robot makes robocalls, The deeply immoral charlatan Rick Santorum  Records Robocall Supporting Dictator Want-to-be ScottWalker In Wisconsin Recall

Friday, March 23, 2012

What Liberal Media - Cleveland Editor Pushes Bogus Paul Ryan(R-WI) Budget Plan
























What Liberal Media - Cleveland Editor Pushes Bogus Paul Ryan(R-WI) Budget Plan

In a March 22 column, Cleveland Plain Dealer editor Kevin O'Brien commenced a pedantic cheerleading session in support of Rep. Paul Ryan's (R-WI) controversial new budget plan. After glibly comparing Senate Democrats to preteen children, O'Brien argued that Ryan's infamously austere cuts "would not cut government far enough fast enough." Unfortunately, O'Brien's slash and burn philosophy of congressional budgeting ignores the real-world impact those cuts would have on fellow Ohioans.

He wrote:

    If [Democrats] admit that entitlements are devouring revenues at an alarming and ever-increasing rate, they won't be able to demagogue Social Security and Medicare anymore.

    If they admit that the Patient Protection and Affordable Care Act that they passed all by themselves isn't going to do the main things they promised -- save money and insure the uninsured -- they open themselves to accusations that they knew all along that it was a scam. And the accusations would be true.

    If they admit that they fully intend to just keep packing the nation's bedroom closet with debt until it explodes, the voters might punish them.

    So, no honesty, no discussion, no vote, no budget.

Of course, O'Brien ignores the realities of the Patient Protection and Affordable Care Act's (PPACA) successes and the harsh human element of Ryan's plan. The PPACA is two years old, and according to the U.S. Department of Health & Human Services, plenty of previously uninsured Ohioans are now covered as a result of the law. More than 2,000 Ohioans with pre-existing conditions are now covered, and more than 80,000 young adults in the state have gained coverage. The health care security of more than four million residents is no longer threatened by lifetime caps on their coverage.

And as for entitlements, O'Brien doesn't tell his readers that under Ryan's budget (which again, he doesn't think goes far enough), more than 1.8 million vulnerable Ohioans will be at risk of losing food stamp benefits and slipping into hunger. This is according to the Center on Budget and Policy Priorities, which yesterday released a detailed look at how Ryan's budget would devastate children, seniors and people with disabilities. From the CBPP:

    House Budget Committee Chairman Paul Ryan's budget plan includes cuts in SNAP (formerly known as the Food Stamp Program) of $133.5 billion -- more than 17 percent -- over the next ten years (2013-2022). [...]

    The overwhelming majority of SNAP households are families with children, seniors, or people with disabilities.  Almost three-quarters of SNAP participants are in families with children; more than one-quarter are in households that include senior citizens or people with disabilities.

By ignoring this grim picture, O'Brien hasn't simply missed the significance of the cuts. He's revealed volumes about where his priorities lie. As he noted:

    [A] budget isn't just a statement of spending and income expectations. It's also a statement of beliefs -- a numerical representation of what is important.

A true statement, to be sure; and Mr. O'Brien's budget proposals reveal just what -- and who -- is important to him.
Ryan's plan is such a joke that conservatives are not even promoting it. It actually increases the debt. One of the reason none of Ryan's half-baked schemes for the budget work is because they all include massive tax cuts for millionaires and corporations.

Guns don't kill people, hoodies do. Geraldo might want to lay off the whiskey, his logic is getting more wobbly than ever.

Wednesday, March 21, 2012

Why Does CBS and Mark Knoller Hate Facts

















Why Does CBS and Mark Knoller Hate Facts - CBS's Mark Knoller Falsely Claims Debt Has Increased More Under Obama Than Bush

Mark Knoller is the White House correspondent for CBS Radio, and a first-class right-wing tool. Monday night, he posted an article titled, "National debt has increased more under Obama than under Bush," which sent wingnuts scurrying to their Twitter accounts. The problem is, the piece is BS. Here's Knoller's key graf:

    The Debt rose $4.899 trillion during the two terms of the Bush presidency. It has now gone up $4.939 trillion since President Obama took office.

Don't you just love the way he capitalizes "debt"?

What Knoller doesn't specify, naturally, is what the debt was when Bush began his presidency. And that's a glaring omission, because unless you don't know that, you can't accurately compare the records. So here it is.

In 2001, the national debt Bush inherited was around $5.7T, give or take. Some of that debt in 2001 has to be attributed to Clinton, just as some of the debt in 2009 when Obama took office has to be attributed to Bush. When W. left office in 2009, the debt was nearly $11T. That's an increase of 89 percent.

Under Obama, the debt has increased from about $11T to about $15T, about 40 percent.

And what's behind that increase? Historically low taxes and historically low revenues -- and the worst financial crash since the 1930s. There's been no "binge" in spending, as Knoller wants you to believe.

America hating conservatives like Michelle Malkin who think a misinformed public is good for democracy, has echoed Knoll's lie. C&L are correct. The Obama administration has not gone on some spending spree, they have been one of the most fiscally conservative administrations in modern history.

Top Romney Adviser Says Romney Can Change His Positions After The Primaries: ‘It’s Almost Like An Etch A Sketch’

FACT CHECK: More US drilling didn't drop gas price

Why Does Paul Ryan(R-WI) Hate America and Seniors

Thursday, November 24, 2011

This is What Conservatives Think Capitalism is: The Average Bush Tax Cut For The 1 Percent This Year Will Be Greater Than The Average Income Of 99% of American Workers

































This is What Conservatives Think Capitalism is: The Average Bush Tax Cut For The 1 Percent This Year Will Be Greater Than The Average Income Of 99% of American Workers

As Occupy Wall Street protestors continue to demonstrate across the country, congress’ fiscal super committee failed to craft a deficit reduction package due to Republican refusal to consider tax increases on the super wealthy. In fact, the only package that the GOP officially submitted to the committee included lowering the top tax rate from 35 percent to 28 percent, even as new research shows that the optimal top tax rate is closer to 70 percent.

Sen. Patty Murray (D-WA), who co-chaired the super committee, explained that the major sticking point during negotiations with the GOP was what to do with the Bush tax cuts. With that in mind, the National Priorities Project points out that those tax cuts this year will give the richest 1 percent of Americans a bigger tax cut than the other 99 percent will receive in average income:

    The average Bush tax cut in 2011 for a taxpayer in the richest one percent is greater than the average income of the other 99 percent ($66,384 compared to $58,506).

“The super committee failed to grapple with the extraordinarily costly Bush tax cuts for the richest—tax policies that, according to the Congressional Budget Office, cost more in added federal debt than they add in additional economic activity,” explained Jo Comerford, NPP’s Executive Director. Frank Knapp, vice chairman of the American Sustainable Business Council, added in a statement yesterday, “the high-end Bush tax cuts are a big part of the problem – not the solution…It’s obscene to keep slashing infrastructure and services for everybody on Main Street to keep up tax giveaways for millionaires and multinational corporations.”

The Bush tax cuts have done nothing but blow up the federal debt and hand billions in tax breaks to the Americans who needed them least.

Conservatives want America to believe the top 1% work the hardest so they should reap obscene levels of reward. It that out real world experience. In the real world those who make millions a year work the least. They are not scientists or even brain surgeons or great teachers. So we're not paying them for their "intellectual" contributions. Every one of these millionaires got their money riding on the backs of people who provide the work and services that millionaires takes gigantic profits from.Let's have a day without labor. America would soon shut down. We need a fair and just capitalism not crony conservative capitalism.

Wednesday, November 2, 2011

Anit-American Conservative Shift Blame for Recession on Poor and Middle-Class Americans

Private lenders held most sub prime loans


Wealthy homeowners have stopped paying mortgages at greater rate                                         




















































Myths and Facts about the Financial Crisis

The conservative spin machine went into overdrive after the financial crisis exploded the claim that unregulated markets always work best. Talking points fed to sympathetic columnists and reporters told an alternate, racially tinged tale: poor people were to blame. In the mythos they created, the Community Reinvestment Act forced banks to “loosen underwriting standards” and to lend to the poor and those with poor credit, forcing Fannie Mae and Freddie Mac, the “800 pound gorilla in the room,” to careen down the path of bad loans, dragging other lenders with them. Incredibly, conservatives blame insufficient regulation of Fannie and Freddie, and cite the Clinton administration as the architect of the mortgage industry’s collapse.

Of course, none of this stands up to scrutiny. Here’s a guide to the most widely spun myths:

Myth #1: De-regulation had nothing to do with this crisis

The Facts
Conservative de-regulation left Wall Street with no cop on the beat. Bush’s conservative appointees rolled back regulation and oversight of banks, insurers, lenders, and credit raters. - The explosion in subprime loans after 2000 were made by unregulated mortgage companies, and the vast majority of them were issued to higher income borrowers, not low- to moderate-income borrowers. - The Gramm-Leach-Bliley Act of 1999 (GLBA) dismantled Depression-era law that had prohibited bank holding companies from owning other financial companies such as investment, commercial banking, and insurance companies. GLBA ignited a wave of mergers and hampered government regulators charged with preventing conflicts of interest and risky financial behavior.

Myth #2: Private lenders were pressured into giving out risky loans

The Facts
Private lenders—not the government-backed Fannie and Freddie—issued the vast majority of subprime loans, and to low- and moderate-income borrowers in particular. Fannie and Freddie did not guarantee and securitize large quantities of subprime loans. - In fact, Fannie Mae actually lost market share because it chose not to “participate in large amounts of these non-traditional mortgages in 2004 and 2005” because it “determined that the pricing offered for these mortgages often was insufficient compensation for the additional credit risk associated with these mortgages.” As economist Dean Baker stated, “Fannie and Freddie got into subprime junk and helped fuel the housing bubble, but they were trailing the irrational exuberance of the private sector….In short, while Fannie and Freddie were completely irresponsible in their lending practices, the claim that they were responsible for the financial disaster is absurd on its face—kind of like the claim that the earth is flat.” - In testimony before the House Committee on Oversight and Government Reform, Lehman Brothers CEO Richard Fuld acknowledged that Fannie and Freddie’s role in Lehman’s demise was “de minimis,” or so small that it does not matter.

Why are conservatives acting like mad dogs in a fevered attempt to blame government, or Clinton or anyone but Wall Street for the housing meltdown and subsequent recession. Because the private sector is never to be held responsible for anything according to conservative dogma. The private banks just cannot make mistakes in Republicans fantasy world.

More here - Did the Poor Cause the Crisis?

Did Liberals Cause the Sub-Prime Crisis? - Conservatives blame the housing crisis on a 1977 law that helps-low income people get mortgages. It's a useful story for them, but it isn't true.

Rich Defaulting on Mortgages At Highest Rate







Monday, October 31, 2011

Just Say Thanks - House GOP's "Job Creating" Spending Cuts Destroyed 370,000 Jobs



















House GOP's "Job Creating" Spending Cuts Destroyed 370,000 Jobs

House Republicans took the government to the brink of shutdown last spring by demanding across-the-board budget cuts to many vital programs. Instead of focusing on job creation, as Americans wanted them to, the GOP turned its attention to slashing funds for programs that funded assistance for women and children, local law enforcement, the social safety net, environmental protections, and many other programs they deemed as either too expensive or unnecessary. Worse, when challenged on why they hadn’t made the effort to tackle high unemployment, Republicans insisted that their slash-and-burn budget cuts were meant to create jobs.

Not all of those cuts made it through, but the GOP succeeded in passing massive spending reductions as part of a continuing resolution that kept the government operating. According to a new report from the Center for American Progress’ Scott Lilly, those cuts didn’t result in the job creating boon Republicans insisted would follow. Instead, it has done just the opposite, as those cuts will result in the destruction of roughly 370,000 jobs.

Lilly’s report focuses on three major areas where Republicans insisted on spending cuts: funding for local law enforcement, environmental cleanup of sites where nuclear weapons were disabled and destroyed, and investments into construction, repair, and maintenance of government buildings. Cuts to just those three areas will result in the loss of 90,000 jobs, the report found — 60,000 from direct cuts, and 30,000 additional jobs lost from the secondary impacts of job losses in each community.

And according to Lilly, those three areas weren’t among the worst budget cuts forced through by the Republican House:

    “Similar stories could be told about many other budget cuts made in this bill—cuts that resulted in further job losses,” said Scott Lilly, author of the report and Senior Fellow at the Center for American Progress. “All of the various 250 program reductions in the fiscal year 2011 Continuing Resolution probably eliminated more than 370,000 American jobs. The three areas selected for discussion in this paper are in my judgment neither the worst cuts made by the committee from a policy standpoint nor the best. But without a doubt they demonstrate the consequences of slashing government spending in a weak economy.”

According to the report, the $2.5 billion cut to local law enforcement funding could have prevented 36,000 police layoffs nationwide, and similar cuts made to grant programs could have prevented the loss of other state and local government jobs. Crunched by the recession and budget cuts, state and local governments shed more than 200,000 jobs in 2010 alone. Republicans not only cut such funding this spring but have now opposed the American Jobs Act — which included grants to state and local governments for the hiring of teachers, police officers, and firefighters.

No need to mount a search party for all the jobs the tea nut conservatives promised to create when they were running for office in 2010. They not only have not created a single job - congressional conservatives and conservative sate governors have been creating job losses like it was a contest to see who could create the most unemployment. Why are they doing this. besides their deep hatred for America and democracy they hate President Obama almost as much. Conservatives have and will continue to do whatever dirty deeds they can out of petty spite. Remember this starling bit of honesty - Bachmann: ‘I Hope’ Higher Unemployment Will Help My Campaign


Conservative Republican is just another names for being venal and irresponsible. Shifting blame to others is part of the right-wing agenda - Wash. Times' Lambro Falsely Claims Obama "Failed Miserably" On Economy

In a Washington Times column, former Times chief political correspondent Donald Lambro claimed that President Obama "failed miserably" on the economy by thinking "he could spend his way out of the recession." But independent economists agree that Obama's economic recovery act significantly increased employment and GDP.

Sunday, October 23, 2011

Goodbye National Treasures, Ron Paul Calls For Federal Public Lands To Be ‘Sold Off To Private Owners’

Goodbye National Treasures, Ron Paul Calls For Federal Public Lands To Be ‘Sold Off To Private Owners’

During a forum in Las Vegas Wednesday, Rep. Ron Paul (R-TX) told the Republican audience he would like to see federal public lands in Nevada privatized.

Speaking at the Western Republican Leadership Conference, Paul declared that Nevada, which has a large percentage of federally-owned public lands, ought to become more like Texas, where “private owners” have “developed all the natural resources.” Paul went on to say “how wonderful it would be if land will be or should be returned to the states and then for the best parts sold off to private owners”:

    PAUL: Take a look at the state of Nevada. Do the people own the property in Nevada? No. Who’s the biggest landowner? It’s the federal government. I would like to see the development of this state the way that Texas had the privilege of developing. Before we went in the Union, it was owned entirely by private owners and it has developed all the natural resources, a very big state. So you can imagine how wonderful it would be if land will be or should be returned to the states and then for the best parts sold off to private owners.

Paul’s remarks fall in line with the attacks on public lands from conservative lawmakers and corporate front groups. For instance, Rep. Rob Bishop (R-UT) has been waging war on public lands from his helm as chairman of the House Resources Subcommittee on National Parks, Forests and Public Lands, while the Koch Brothers have funded pro-oil events across the West.

For more information, read Center for American Progress President John Podesta’s article on defending public lands or a report from CAP’s public lands team on how public land conservation creates jobs.

Good old Ron is as wacky as ever. A libertarian who has spent most of his adult life in Congress getting rich off the people. he is a great example for American children. he has managed to amass have a super comfortable life without ever studying as issue or coming out with a well thought out solution. All of Ron's answers to everything can be found in a secret compartment he keeps where the sun never shines and he reaches up in there to pull out wacko solutions on demand. he hates government, so he does his best to make sure we have bad government, and hey kids he get about $174,00.00 a year for that little magic trick. 

Wednesday, October 19, 2011

How Christian Fundamentalists Disempower Themselves and Help Empower the Top 1% to Exploit the 99%


















How Christian Fundamentalism Helped Empower the Top 1% to Exploit the 99%

As the Occupy Wall street movement spreads across the country and the world, we must bring attention to the enablers of the top 1 percent exploiting the 99. Fundamentalist religion made this exploitation possible.

Evangelical fundamentalism helped empower the top 1 percent. Note I didn't say religion per se, but religious fundamentalism.

Why? Because without the fundamentalists and their "values" issues, many in the lower 99 percent could not have been convinced to vote against their (our) economic self-interest; in other words, vote for Republicans who only serve billionaires.

Wall Street is a great target for long-overdue protest, but so are the centers of religious power that are the gatekeepers of Republican Party "values" voters that make the continuing economic exploitation possible.

Fundamentalist religion -- evangelical and Roman Catholic alike -- has delegitimized the US government and thus undercut its ability to tax, spend and regulate.

The fundamentalists have replaced economic and political justice with a bogus (and hate-driven) "morality" litmus tests of spurious red herring "issues" from abortion to school prayer and gay rights. The result has been that the masses of lower middle-class and poor Americans who should be voting for Democrats and thus their own economic interests, have been persuaded to vote against their own class and self interest.

This trick of political sleight of hand has been achieved by this process:    

    Declare the US government agents of evil because "the government" has allowed legal abortion, gay rights, etc.
    Declare that therefore "government is the problem," not the solution.
    The government is the source of all evwww.amazon.com/Sex-Mom-God-Strange-Politics/dp/0306819287/ref=tmm_hrd_title_0il, thus anyone the government wants to regulate is being picked on by satanic forces. The US government is always the bad guy.
    Good, God-fearing folks will always vote for less government and less regulation because "the government" is evil.
    So unregulated corporations, banks and Wall Street are always right and represent "freedom" while government is always wrong and represents "tyranny."

Like most evangelical/Roman Catholic fundamentalist movements in history, from the Bay State colonies to the Spanish Inquisition, the American Religious Right of today advocates the fusion of state power and religion through the reestablishment of the "Christian America" idea of "American Exceptionalism" (i.e., a nation "chosen" by God), the form of government adopted by the Puritans' successors during the age of early American colonialism.

Thus the division between "real Americans" and the rest of us is the "saved" and "lost" paradigm of theological correctness applied to politics. Thus President Obama isn't a real American, or even a born American, he's "Other," a Muslim, an outsider, and above all not "one of us."

In other words you're not just wrong, but evil if you disagree with the Elect over abortion, or for that matter peace in the Middle East because you're "not supporting Israel."

"Bring America back to the Bible" is really no more subtle than the claim of the Iranian Mullahs to rule in "God's name" so that Iran too can come back to God. And if you can get Americans to worry about the Bible and not fairness and justice, then you have handed a perpetual victory to Goldman Sachs and company.

How Did We Get Here?

The unstated agreement went like this: Republicans will pander to the Religious Right on the social issues -- abortion, gay rights, prayer in schools, creationism in textbooks, and not so subtly the endorsement of religious schools to help white evangelicals and Roman Catholics avoid integration -- as long as the Religious Right turned a blind eye to the fact that the Republican Party would sell the soul of the country to corporate America, a country-within-a-country where 1 percent of the population have more wealth than the 99 percent.

Deference to religion masquerading as politics must end, now.

Religion masquerading as politics is not true religion or politics-- it is a theocracy-in-waiting. This charade of power grabs in God's name needs to be exposed, and destroyed.

Democracy will not survive the continuing dirty combination of theocracy and oligarchy. That's where we're headed: bankers running the world backed by preachers who don't care about God but care about power.

The timely destruction of the economic elites and their religious facilitators begins by calling fundamentalist/evangelical/Roman Catholic "religion" what it is: a political grab for power based on literal madness of the sort that makes many terrified of modernity, truth, science and facts and leads them to deny evolution and global warming while believing that Jesus will come back any day now.

There are obviously lots of decent hard working Americans who call themselves Christians. Most of them live physically and spiritually in the 21st century. They don't let their faith get in the way of behaving like rational adults. The fair and decent free market vision they have is largely ignored. They are this generation's silent majority. While the loony right-wing Christianists get first priority on their backwards agenda.

Private Wall Street Companies Caused The Financial Crisis — Not Fannie Mae, Freddie Mac Or The Community Reinvestment Act

After Confusing Himself, Plutocrat Herman Cain Decides That Rape Victims Should Be Forced To Carry Pregnancies To Term

Record number of deportations still not enough for anti-immigration zealots
The Obama administration kicked out 400,000 people this year, satisfying no one and winning no support for reform