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of course it’s in Texas… Chalk up another “oops” for their leader….
Tea Bagging Republicans in that state, got all riled up about contraception and eliminated a $73 billion dollar program that gave out free contraception to those who couldn’t afford it…
Now it appears because of their action, 23,760 more babies will now be born as a result of their reduced access to state-subsidized birth control. The additional Medicaid cost to taxpayers is expected to be as much as $273 million…—
Tea bagging Republicans said they were unaware that contraception prevented pregnancies…..
They are struggling to put that funding back in now….
A fourth Texas high-tech startup that received taxpayer money through Gov. Rick Perry’s signature economic development fund has filed for bankruptcy, pushing the total losses in the $194 million portfolio beyond what the state says the fund has earned.
The collapse of bioenergy producer Terrabon Inc., which was awarded $2.75 million in 2010 and was backed by large Perry political donors, raises the question of whether the state’s Emerging Technology Fund that began in 2006 is now worth less than what taxpayers have put into it.
Just like Solyndra, the culprit is Obama’s aggressive and extensive natural gas drilling occurring domestically, that has drop natural gas prices so green energy can’t compete.
Rick Perry, who accused Obama of cronyism over Solyndra, is now guilty of the exact same himself. I wonder if next we find Rick Jensen started up a green energy company using money from his beer distributor friends?
I spent lunch with Allan Loudell of WDEL and he has the best news currently in journalism and I know I heard at least twice…. on totally different story lines… “It’s just crazy…. “
I know it was because I didn’t change the dial, but on my commute home I heard it again…. “It’s just crazy…” (The other thing Allan is prone to say, is just when you think it can’t get any crazier, you see the next story…)
I made me wonder what was going on….
See if you can guess.
A member of a certain party, says women can stop being pregnant if they want to.
Members of a certain party get naked and swim in the nude in front of another man’s daughter.
Members of a certain party won’t call on the first person to resign, until someone else does and then they give the press release calling on a certain member of a certain party .. to stop running for his Senate seat.
Members of a certain party, try to legalize rape, incest, and the death of the mother into a certain party’s platform.
Member of a certain party calls the President’s remarks Marxist, and then, when challenged by the news anchor, can’t say why, just that.. it is. it is…it just is.
A certain party wants the wealthy to pay NO TAXES and use the middle class to make up the difference.
A certain party candidate, will only release one single year’s tax return until 21 days before the election, when he will release his second one…
A certain party appears to be having their convention, quite possibly in the middle of a certified hurricane.
An entertainer who is a member of a certain party closes out the Iowa state fair with this…. “We’ve got a Muslim president who hates farming, hates the military, hates the U.S. and we hate him!”
A certain party blames Obama for the poor economic climate they themselves totally created……
America, aren’t you tired of it? Don’t you just want to sit down to “normal”… for a change?
And did you happen to notice… all the craziness comes from just one party?
It’s like the drunk bitch at a party… Everyone is having a great time, and then from somewhere across the giant room, you hear… “you shit fucking bitch…” and you do what normally works, you go through the standard stages, of reasoning, of cajoling, of threatening, of being calm, of isolating, of arguing, of persuading, of putting the foot down… and finally… of ejection. No one at the party has now had a good time since she opened her mouth, because her aggressive meanness, even while everyone watches, even while everyone is shaking their heads, even while everyone is talkin’ about… it brings everyone down….
What we have in our society today, is the tiniest sliver taking over the news media with crazy incomprehensible actions… Consider them the 700 pounds of fat globules held in one place by taut skin, that takes over your health channel network for a half hour of programming, and though you hate it, you watch the whole episode anyway because it is too gross to walk away from…
For this, I blame the Republicans, but these, aren’t even close to the Republican neighbors I have… My neighbors are cool.. I blame the Republicans, but these aren’t even close to those I discourse with on our local blog network. .. those Republicans are cool… No, these really aren’t Republicans, even though I admit, I throw them into that category for expediency….
These are that drunk bitch. These are rare forms of mutant conservatives to whom no one every had the courage to tell them to “shut the fuck up and sit down”, and now, in exuberance of a campaign season where they feel uplifted with the infectious bubbles of being the center of attention, they truly believe that they are the embodiment of true enlightenment. Just like the drunk bitch, they really think they are the life of the party…
If you try to reason with them, you might be thinking you are getting somewhere, but instead they interpret it as justification that they are really, truly self important…. “Look I’m so cool this bouncer dude is reasoning with me..I’m so cool… I’m ready to rule the world….”
The only way to get rid of this type… is to eject them…
And while you are at it, eject the whole Republican party… too; you can’t leave the drunk bitch on the curb with no way home while the rest of the party goes on…
It’s just crazy….
The Wall Street Journal quotes Citibank’s executives are preparing their investors for the worst!!!!!!!!!!!!
Receiving what is known as the doomsday scenario, a two step reduction in it’s bond rating, Citibank is going to cost it’s investors billions…
It will suck their money right out of their accounts and right into the trashcan… If you are invested in Citibank, kiss all your money goodbye..
What about the Dodd-Frank Finance Reform Bill? Doesn’t that kick in or something?
What happens is that under the Dodd Finance Reform Bill, Citibank is required, because it’s ratings are much more risky now, to have a higher amount in reserves than it does if it has a very high rating….
That money, has to come out of its profits.
So profit will be short by …. $4.7 billion for the required additional collateral for its holding company and its banking subsidiary….
But wait a minute you should say. Isn’t that a good thing, at least much better than would have happened under Republican leadership just over 5 years ago? Shouldn’t a bad bank HAVE to keep more money in reserves than a good bank, so the chance of it failing, are decreased from extremely likely to zero?
One would think. Unless of course you are one of these people. Michelle Bachmann, Rick Santorum, Newt Gingrich, Rick Perry, Herman Cain, and Mitt Romney. These six people believe the investors should get the $4.7 billion, and the federal government should bail out the banks when they fail…
This is what’s behind their opposition of the Dodd-Frank Wall Street Reform Act. The only reason one would oppose it, is because it protects the financial solubility of the institution, instead of the investor.
If a bank fails and we lose our money, that is just too bad in their eyes. But for them to lose their money, is unthinkable.
Yes, they are indeed ridiculous.
So in reality, thanks in part to the leadership of Michael Kaufman from Delaware, when a bank engages risky behavior, it must put more into its reserves, taking it away from the investors.
This is only fair. For when things get in order, and reserves can be dropped again, it is only the investors who get that bonus in one fell sweep.
So we can see in a nutshell, why when it comes to economic issues, we cannot let Republicans again have the reins of power… They would dismantle this reform, just like they dismantled the original protections put in place since the 1930′s, and that dismantling, was the sole cause of the meltdown that put all those American’s out of work…
So things are working as they should. The bank was risky, and now must pay the penalty. What’s nice about having Democrats in charge, is that the penalty they payed, was to themselves….
Democrats are intelligent.
right click on chart to view full image
It is funny how so much time and effort is spent determining who will run on the Republican side of the Presidential race, when that whole contest is made meaningless by this one chart…..
Republicans don’t want you to see this chart. Democrats simply lack the capacity to understand what it means…..
It means that if you want efficiency, then lowering taxes is good. That creates efficiency. But if you want jobs, then raising taxes is good, because that creates jobs…
The standard Republican argument against this: “That is bunk. Everyone knows cutting taxes grows jobs….” (end of argument).
What never gets done, except in the bottom comment sections of well meaning blogs, is the proper rebuttal….
If that is bunk, explain how and why history itself proves it otherwise?
And alas, they cannot answer that, because they are wrong… Low taxes do not create jobs. Higher taxes do….
Look for yourself.
Right click on picture to view full image
Here is a chart compiled by the CBO after decades of research… Decades… The question that prompted those decades of research had their seeds in the 1980′s: what happens to different income groups when we cut the top marginal rates?
Do this at home….
Use a ruler; take the measurements of the loss of income off the first quintile, slide your thumb up, then take the loss of income off the 2nd quintile, repeat the process for the third and fourth, then lay that on the rise of income on the top 1%…. It is an exact fit.
All the income increases being bestowed upon the top 1%, came from the bottom quintiles….
Remember this the next time someone says Socialist-Democrats want to redistribute income… Say, no, we want to RE-redistribute the income that Republican policies redistributed in the first place..
Mr. Republican: what kind of moral argument is it to be against redistribution of income, when that is exactly how you made all your money?
Republican policies took from the poor, to give to the rich… The poor don’t want your money; they just want their money back, sir.
Compiled by the FBI….
Rightwing extremists may be gaining new recruits by playing on their fears about several emergent issues. The economic downturn and the election of the first African American president present unique drivers for rightwing radicalization and recruitment.
The consequences of a prolonged economic downturn—including real estate foreclosures, unemployment, and an inability to obtain credit—could create a fertile recruiting environment for rightwing extremists and even result in confrontations between such groups and government authorities similar to those in the past.
Rightwing extremists have capitalized on the election of the first African American president, and are focusing their efforts to recruit new members, mobilize existing supporters, and broaden their scope and appeal through propaganda
The current economic and political climate has some similarities to the 1990s when rightwing extremism experienced a resurgence fueled largely by an economic recession, criticism about the outsourcing of jobs, and the perceived threat to U.S. power and sovereignty by other foreign powers…. During the 1990s, these issues contributed to the growth in the number of domestic rightwing terrorist and extremist groups and an increase in violent acts targeting government facilities, law enforcement officers, banks, and infrastructure sectors.
Reminds me of another president, who joked with reporters while holding a document plainly titled: Bin Laden Seeks To Attack US… That was August 6, 2001….. 35 days later, the Twin Towers were rubble.