Year: 2011

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Politics

Republican Calls Teaparty Congress Members “Nuts!”

Alan Simpson, the former out-spoken Republican Senator from Wyoming stayed true to his colors and called out the Teaparty members in Congress for their unwillingness to compromise, a position that led to the decision of S&P to downgrade America’s credit.

Mr. Simpson, in a telephone interview with Fox Business News today, said he found it “stunning that people are disgusted” with these Teaparty/Republicans, and asked, “what did they think was going to happen?”

“[Obama] is smarter than rigid people who don’t compromise on anything. If you came to Congress not to compromise you’re totally ineffective, you oughta’ go home. You can compromise an issue without compromising yourself. These guys think the word compromise is a silly word. They’re nuts!”

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Politics

Teaparty Members Cheer On Announcement Of America’s Credit Downgrade

Teaparty members are Republicans of a whole new kind, and this kind of Republican is not one we’ve ever seen in the history of this nation. Yes, we will always have ideological differences, but this group seems to want the total destruction of  American society, our economy and our nation.

At a meeting in Wisconsin, Teaparty members actually cheered when the announcement was made that America’s credit rating was downgraded. They’re either fundamentally different in their interpretation of patriotism, or they’re just plain dumb.

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Politics

S And P On A Downgrade Rampage

On Friday, the rating agency, S&P downgraded the United States credit from AAA to AA+. A move the agency claims was necessary because of the constant political battles fought in Washington by the two political parties. Then today, S&P added even more to their downgrade list. CBS reports;

Standard & Poor’s Ratings Services on Monday downgraded the credit ratings of mortgage lenders Fannie Mae and Freddie Mac and other agencies linked to long-term U.S. debt.

The agency also lowered the ratings for: farm lenders; long-term U.S. government-backed debt issued by 32 banks and credit unions; and three major clearinghouses, which are used to execute trades of stocks, bonds and options.

All the downgrades were from AAA to AA+. S&P says the agencies and banks all have debt that is exposed to economic volatility and a further downgrade of long-term U.S. debt. Their creditworthiness hinges on the U.S. government’s ability to pay its own creditors.

Ten of the country’s 12 Federal Home Loan Banks also were downgraded from AAA to AA+. The banks of Chicago and Seattle had already been downgraded earlier to AA+.

After receiving the first downgrade in the history of the nation, the politicians joined together and attacked S&P for its decision. On the Sunday talk shows, the suggestion was made that S&P should not be trusted, because of their long history of misleading information. Politicians also criticized S&P for what they called, a “$2 trillion mistake,” in the agency’s math when they decided to downgrade America’s credit to AA+ status.

But regardless of what the talking points are in Washington, and the criticism of S&P, one thing the agency said is correct, and reflects the unfortunate nature in Washington. S&P called out the parties involved and criticized their failure to compromise, as the main force responsible for their downgrade decision.

Categories
Politics United States

America’s Credit Downgraded, Another Win For Republicans

The Standard & Poors rating agency has, for the first time in America’s history, downgraded America’s Credit ratings, from a Triple A rating to AA+ ratings. The agency cites the political system in Washington as one of the reasons why the credit downgrade happened.

“We lowered our long-term rating on the U.S. because we believe that the prolonged controversy over raising the statutory debt ceiling and the related fiscal policy debate indicate that further near-term progress containing the growth in public spending, especially on entitlements, or on reaching an agreement on raising revenues is less likely than we previously assumed and will remain a contentious and fitful process. We also believe that the fiscal consolidation plan that Congress and the Administration agreed to this week falls short of the amount that we believe is necessary to stabilize the general government debt burden by the middle of the decade.

Our lowering of the rating was prompted by our view on the rising public debt burden and our perception of greater policymaking uncertainty, consistent with our criteria (see “Sovereign Government Rating Methodology and Assumptions,” June 30, 2011, especially Paragraphs 36-41). Nevertheless, we view the U.S. federal government’s other economic, external, and monetary credit attributes, which form the basis for the sovereign rating, as broadly unchanged.”

A credit downgrade is serious business. It means that interest rates on the government, banks and ultimately the American people can rise. Borrowing money at a higher interest rate means we all pay back more towards our debt, whether it’s the government borrowing from China, or a middle class American borrowing to buy a home, a higher interest rate is never a good thing.

This is the work of Republicans and their effort to bring this economy to its knees. This decision by Standard & Poors is a loss for America, but another win for Republicans.

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New Jersey Politics

O.M.G – Chris Christie Defends A Muslim, Don’t Tell The Republicans!

His mouth got him in trouble again, this time, for actually speaking the truth. The Republican governor of New Jersey Chris Christie, went against what has come to be the norm in the Republican party these days – bashing Muslims.

Sohail Mohammed, a lawyer who successfully defended other Muslims wrongfully detained by the Bush Administration after the September 11th attacks, was recently appointed to the judicial bench in New Jersey. Naturally, like is customary these days with the Republican party, the attacks against Sohail began, with some even suggesting that if the Muslim becomes a judge, he will introduce Sharia Law in New Jersey.

Christie had heard enough. He stepped to the podium and defended his appointee, in the process, knocking down the insane accusations the Republicans have unfairly heaped on all Muslims, and officially putting an end to any speculation that he would run for president in 2012 – Republicans will never vote for him now, especially after Christie’s very reasonable, truthful comments made in defense of Sohail Mohammed, and the verbal whipping he put on members of his own party.

Categories
Politics taxes

I.R.S – 1400 Millionaires Paid Zero Taxes in 2009

If the family struggling to put food on the table, or keep a roof over their heads make a mistake on their tax returns and is audited, the taxman will bring out the army to make sure that family pays all the taxes they owe. But if you’re a millionaire, you could get away with paying nothing, while your income reflects six or more digits.

A new report issued by the IRS shows that over 1400 people who earned more than 1 million dollars in 2009,  paid zero in taxes. Credit this effort to keep the rich happy to two things;

  1. The raping of the tax system through tax loopholes set up to primarily pacify the greedy;
  2. A lobbying group voted into Congress by the American people. This group of lobbyists is called the Republican Party.

But let’s not forget the Republican’s claim, that providing the rich with more tax cuts in the form of Corporate loopholes and welfare, is the only way to create jobs. With this ideology, no one would have expected the unemployment rate to balloon to 10.2% in 2009 and now stands at 9.2%

It is time that Americans and Republicans face the truth – extra tax cuts and tax loopholes that benefits the rich does nothing for everyday middle-class America, and the Bush Administration supports this conclusion when massive trillion-dollar tax cuts were given to the wealthiest people in America, resulting in 700,000 people a month losing their jobs at the end of his term.

At a time when middle class America is being asked to give up the shirts off their backs to keep the economy from falling into total destruction, the millionaires and billionaires in this country should at least be asked to pay something back. Maybe not 90% like they paid in the 1950’s, or the 50% they paid under the Reagan administration. But having millionaires pay zero in taxes should be unheard of, especially in this economic crisis.

Categories
Politics

The 14% Approval Ratings For Congress – A Win For Republicans

America sent these clowns to Washington to work together and get the economy back on the right track. The operative word there, is “work.” And the American people are quickly coming to understand the true nature of its elected officials – one group seems determined to fix a broken system and get the economy working again, even if it means negotiating away the very ideals that jumpstart the economy in the past, and the other group is hellbent on keeping the system broken, you know, hiding the jumper cables.

So America is now disgusted, and that feeling is reflected in a new CBS News/New York Times poll, “82 percent of Americans disapprove of the way Congress is doing its job – the highest disapproval rating since polling began in 1977. Just 14 percent approve of Congress’ performance.”

The uptick in frustration comes after Congress narrowly avoided an economic catastrophe of its own making by failing to hammer out a deal to raise the nation’s $14.3 trillion debt limit until the deadline for action. And neither side was happy with the outcome: Conservatives said the final deal, which is projected to cut around $2.5 trillion over ten years from a projected $24 trillion debt, didn’t go far enough; liberals complained that the initial deficit reduction came entirely in the form of spending cuts, not revenue increases as Democrats initially demanded.

I guess you can call it a win – for the group hiding the jumper cables.

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Barack Obama MSNBC Pat Buchanan Politics

Buchanan’s “your boy” Reference Was Not Misunderstood

Less than 24 hours after referring to President Obama as “your boy,” MSNBC’s Pat Buchanan went on Morning Joe, and tried to “clarify” his poor choice of words on Tuesday, when describing Mr. Obama to Rev. Al Sharpton.

“Let me clarify something that happened last night on the Al Sharpton show, a very spirited discussion. I was asked who was the big losers in these battles, and the big winners. And I said one of the big losers, using boxing terminology, was ‘your boy’ and I meant the President of the United States. . . . This was taken – some folks took what I said as some kind of slur – none was meant, none was intended, none was delivered – for the record.

But this is just one occurrence. Buchanan is known for walking the edge with the careless statements he’s made in the past.

When Barack Obama was campaigning for President back in 2008, questions about statements his one time pastor Jeremiah Wright made, dominated the news. Mr. Obama felt it was necessary to answer his critics by delivering a speech about race relations – a conversation about race. Pat Buchanan decided to write a response to Mr. Obama’s speech, where he attempted to make the point that “White America needs to be heard from, not just lectured to.” Buchanan wrote;

First, America has been the best country on earth for black folks. It was here that 600,000 black people, brought from Africa in slave ships, grew into a community of 40 million, were introduced to Christian salvation, and reached the greatest levels of freedom and prosperity blacks have ever known.

… Second, no people anywhere has done more to lift up blacks than white Americans. Untold trillions have been spent since the ’60s on welfare, food stamps, rent supplements, Section 8 housing, Pell grants, student loans, legal services, Medicaid, Earned Income Tax Credits and poverty programs designed to bring the African-American community into the mainstream.

Governments, businesses and colleges have engaged in discrimination against white folks — with affirmative action, contract set-asides and quotas — to advance black applicants over white applicants.

Buchanan also bought into the ‘Donald Trump talking point’ that President Obama was too dumb to achieve high levels of education, in some of the most prestigious schools in America. Buchanan stated that affirmative action was responsible for the President’s acceptance into these schools.

And who could forget “The Blacks?” That was how Donald Trump referred to New York’s black population, when he was asked if he worried about getting their vote. Trump answered that he has “a great relationship with the blacks, I’ve always had a great relationship with the blacks.”

Of course, this disparaging reference outraged many of  “the blacks,” in New York and around the country, but Pat Buchanan saw nothing wrong with Trump’s statement. Buchanan went on MSNBC and defended Donald Trump, saying, “I don’t find any malice in what he said in the statement about the black folks.” Buchanan then tried to water down Trump’s statement, by saying if someone referred to the members of his religion by calling them “the Catholics,” he will not be offended.

These are just a small fraction of the many times Buchanan has made race-baiting statements. So today when Mr. Buchanan offered his so-called clarification, is there anyone out there who really believes this one-time presidential candidate was taken out of context? Is there anyone who believes the rest of the world heard his “your boy” reference and everyone collectively and mis-heard or misunderstood the innocent Buchanan?

The odds are highly unlikely. Buchanan is a calculated Republican pundit, a strategist who knows exactly what he wants to say and what message he intends to deliver. When he called the President “your boy,” he wasn’t misunderstood, on the contrary. Those words coming from the mouth of Pat Buchanan only had one meaning, and the rest of America, the world, knew exactly what he meant.

Categories
Politics

Republican Math – Lose Billions To Save Millions

This is the wisdom of a Republican controlled House of Representatives. About two weeks ago, House Republicans voted to deny the $200 million from a subsidy to the Federal Aviation Administration, because the Democratic controlled Senate did not yield to their demand to cut $16 million from the subsidy. Because of the Republican’s action, projects that this money funded came to a grinding halt, causing thousands to be out of work.

But not only did these people lose their income, the federal government is also seeing revenue fly out the window. A ticket tax added to each purchase was also terminated when Republicans decided not to approve the subsidies, and according to reports, over $1 billion in revenues will be lost.

Lawmakers risk losing more than $1 billion in revenue from ticket taxes that the airline collects. The authority to collect those taxes has expired. House Republicans say the sticking point is their demand that the Senate cut $16.5 million from a $200 million budget for rural air service subsidies.

The shutdown is less than two weeks old and already the government has lost more than $250 million in revenue.

After voting down the subsidy, House Republicans left Washington and went home to their districts on a 5 week vacation. It should also be noted that since 2007, congress passed this same bill 20 times. This time however, something changed and Republicans have now decided not to issue the 21st approval.

This is simply more proof that Republicans really don’t have America’s economic recovery at heart. Anything they can do to create instability and add to the worries and fears of middle class America, they are willing to do. Their goal is simple: feed off the worries and fears they’ve contributed to, then blame the Obama administration for a terrible economy. This, they believe, is their ticket back into White House in the 2012 elections.

 

Categories
Politics White House

White House Security Breached. Man Arrested – Video

While the freaks come out at night, the crazies apparently come out in the daytime. Today, the White House got another dose of the crazies, as a man jumped the fence and began shouting in the general direction of the home of the President and his family.

Two Secret Service agents cautiously approached the dark-skinned man, who could not immediately be identified, their rifles pointed at him as he lay face down on the lawn, AFP reported. He was swiftly arrested.

Several police vehicles were parked outside the White House gates with their lights flashing, and security personnel could be seen patrolling the compound, including two with body armor and automatic weapons.

Reporters were asked to leave the White House lawn and the platform where television journalists stand for their live shots.

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Barack Obama MSNBC Pat Buchanan Politics racist Republican

Pat Buchanan Refers To President Obama As “your boy!”

Why is this guy on MSNBC?

Republican Pat Buchanan went on the wrong show tonight and chose the wrong words to describe the President of the United States. Speaking about the debt ceiling deal and whether or not the President would allow tax revenue to go up on the rich, Buchanan said to the Rev. Al Sharpton;

… and let me tell you something, your boy Barack Obama caved in 2010, and he will cave in again and again!

Al Sharpton, who marched and fought in many civil rights battles became livid. “My what?!? My President Barack Obama… what did you say?”

Buchanan, thinking what he just said was funny, continued laughing and repeated what he said, “he’s your boy in the ring!”

“No, he’s nobody’s boy!” Al Sharpton shot back at the laughing Buchanan. Mr. Sharpton then continued to put Buchanan in his place.

Twitter and other social networks immediately began calling for Pat Buchanan’s job, demanding that MSNBC end his contract. This will be a good test for the network. They suspended Keith Olbermann for making a donation. Let’s see if they will make Buchanan apologize for his insensitive and racist remarks.

Watch the unbelievable video below.

Categories
Barack Obama Politics Racism Republican

Republican Racism At Its Worst

There have been a lot of racist things said about this President, but one of the most vile and despicable comments made so far, must be attributed to Doug Lamborn, a Republican Representative from Colorado

While discussing the debt ceiling debate on a local radio show, the Republican congressman said this:

“Even if some people say, ‘Well the Republicans should have done this or they should have done that,’ they will hold the President responsible. Now, I don’t even want to have to be associated with him. It’s like touching a tar baby and you get it, you’re stuck, and you’re a part of the problem now and you can’t get away.”

Since his statement made news on the main stream media, the congressman issued a letter to the president, offering his “apology.” A statement on his website said, “Congressman Doug Lamborn (CO-05) today sent a personal letter to President Barack Obama apologizing for using a term  some find insensitive.”

He apologize for using a term “some” find insensitive?

Some history from the Huffington Post.

The term “tar baby,” with origins that stretch back to an 1881 Uncle Remus story from writer Joel Chandler Harris, can be used to imply that a situation is difficult to solve. But in more recent history, the term has developed more derogatory connotations related to describing African-Americans.

I guess where Mr. Lamborn is from, a reference to a black person as “tar baby” is a normal, everyday occurrence. This is what ‘some’ Americans  mean when they say, “I want my country back.” Welcome to Doug Lamborn’s 1811 America.

 

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