Department of What is WRONG with These People?
Dick Harpootlian, Chairman of the Democratic Party in South Carolina:
I just attended this meeting in Chicago for two days with every member of the Democratic National Committee and big Democrats. There wasn't any Michael Moore there, there wasn't any Paul Krugman there.
The voice of the Democratic Party is far more moderate than you give it credit for. And to pull people like Krugman out and say he is a Democrat or he's a -- somebody associated with Barack Obama or his parties is absolutely wrong.
I am a former prosecutor. I put people in the electric chair. I have a gun. I believe in capital punishment. I believe in this war on terror. And I'm a Democrat.
Gee, how could this ever backfire? Read below the fold...
Mike Whitney declares:
This is Barack Obama’s economy now....
Obama's failure will likely result in political change that will deliver the White House to the GOP in 2012. Then the deficit hawks will control both houses of congress and the White House, and they will slash spending and push the economy into another Great Depression. This is not speculation. This WILL happen. Obama has made sure it will happen by shrugging off the warnings of every competent economist in the country, all of whom have said repeatedly that we needed more stimulus to lower employment, to reduce the output gap, to increase GDP, and to put the economy back on track.
Seriously? Are you freaking kidding me?:
Since 1979, China's family planning rules have barred nearly all urban families from having a second child in a bid to stem population growth. With no male heir competing for resources, parents have spent more on their daughters' education and well-being, a groundbreaking shift after centuries of discrimination.
Oh, that's great! Girls are really thriving under China's one-child policy. Excellent!
Except...: Read below the fold...
Last Saturday around 11:30 AM, I tuned in to his show on WCPT, "Chicago's Progressive Talk". About a minute in, he broke down and began whimpering, sobbing, and blubbing about the Supreme Court and how we just HAD to vote for Obama. I quickly tuned out. A cuppa McD's fine coffee later, the bad taste in my mouth was gone.
I suspect you could find a podcast, but I wouldn't recommend that as a good investment of time.
PS - I'm trying to shame him. Anyone think it will work? Read below the fold...
President Obama is pressing congressional leaders to consider a far-reaching debt-reduction plan that would force Democrats to accept major changes to Social Security and Medicare in exchange for Republican support for fresh tax revenue.Read below the fold...
HOLDING Debt Ceiling Hostage? No more! - Obama Payoff Debt producing equal value coins!and/or render Ceiling unconstitutional
The Debt Limit can be BYPASSED!! (I. Rendered Unconstitutional, II. Have US Treasury produce 500 billion platinum coins (debt free) which can pay the entire debt, render the limit useless and then we can all put Republicans in a plane to China i.e., kick them in their rear!
First note that The National Debt Is a Republican Congress measure passed in 1971 by eliminating the Gold Standard http://t.co/H8Ppd5N this could be reversed.
I. Rendered Debt Ceiling unconstitutional
President can have the power to do it wihout congress approval as described in these articles:
DEBT LIMIT IS STATUTORY LAW TRUMPED BY the Constitution Section 4 of the 14th Amendment says, “The validity of the public debt of the United States…shall not be questioned.” http://t.co/3KvvnQJ Read below the fold...
I am increasingly convinced that we are headed to default. Happy to be wrong.
It is not just that everyone has painted themselves into a rhetorical corner. Ever since I learned that Eric Cantor is actually vested in default, and ever since news of this generated a thundering silence from the Very Serious People, I began to understand that reason might no prevail.
Warren Mosler called this back in March:
"...The McCaskill/Corker spending cap would also make it impossible for government to boost the economy in recessions, which would lead to even higher unemployment, lasting longer..." Yeah, we got that one covered, don't we Claire? Just ask Paul Krugman.
You'd think that it would eventually sink in that Lucy always pulls the football away. Always.Read below the fold...