Despite bitterly cold weather, an estimated 50,000 Irish citizens yesterday rallied at Dublin’s General Post Office, center of the 1916 Easter uprising, to protest the proposed International Monetary Fund’s proposed bailout of banking losses. Many of those losses were incurred by reckless and possibly criminal behavior by bank managers, and naturally, the politicians think the citizens should pay for it, not the bankers: The Irish Congress of Trade Unions (Ictu) has said that the country cannot afford to pay the terms of the proposed €85 billion EU/IMF bailout package. Addressing the large-scale rally against the Government’s planed austerity measures in Dublin today, the general secretary of Congress David Begg said that Dáil must not accede to the terms on offer under the proposed agreement – with which he drew parallels to the Treaty of Versailles after World War I. “Does anybody in this country or in Dáil Éireann think that we can as a people afford to pay 6.7 per cent on money that we did not ask for in the first place and that is being forced upon us to bail out the banking system in Europe which is in hock to this country for €509 billion”. “We can’t pay that money and we won’t pay that money”. Speaking in front of the GPO in O’Connell Street, Mr Begg said that the 1916 proclamation, which was read initially from the same spot, had spoken of help “from our gallant allies in Europe”. “Well our gallant allies in Europe have arrived 95 years too late and uninvited and instead of guns to help the revolution they have brought economic weapons of mass destruction” Mr Begg said that gardaí had officially estimated the attendance at today’s march and rally at more than 100,000. However the Garda Press Office put the figure at up to 50,000. Irish Times columnist Fintan O’Toole, who was the master of ceremonies at the rally, led the crowd in a minute’s chant of “Out” to the Government. He said that the Government’s economic recovery plan was not about saving Ireland but rather represented “a plan to save the Irish elite”. Mr O’Toole said that a Government with no mandate would do a deal with people nobody had ever elected “We know what this deal is. On the one side we will borrow yet more billions to bail out the bankers and the other side of this deal is that this society is supposed to declare war on the poor and vulnerable”. He said that it would involve a savage assault on the minimum wage, cuts in welfare which would further impoverish those who were already struggling to survive as well as attacks on basic services. Mr O’Toole said that while this was happening “the elite which caused this catastrophe will protect its own interest”. “We will still have people driving around in black cars on over €200,000 per year claiming to be the representatives of this democracy”. “Under the Government’s four-year plan a single person earning €40,000 per year will pay exactly the same amount of extra tax as someone earning €300,000 per year”. He said that working people in Ireland did not mind making sacrifices. He said that they made sacrifices every day for their children, for their families and for their communities. However he said that they did not want to be the sacrifice “We are here today to say that we are not economic units whose only function is to behave ourselves and to pay off the gambling debts of our masters, we are not children who must take our medicine or be sent to bed without our supper, we are not subjects, we are citizens and we want our republic back” .
Continue reading …Liberal Democrats would like to use the lame-duck session of Congress to squeeze out passage of the “DREAM Act” to provide a “path” for citizenship to illegal-alien students. So The Washington Post ordered up another round of sympathetic press-release coverage for Sunday's paper with the tableau of a Thanksgiving dinner, complete with a beautiful “exemplary student” named Anngie Gutierrez who wants to be a medical examiner. The headline was “Undocumented youths chasing a dream.” The story used the favored liberal word “undocumented” seven times (including headlines and captions). Reporter Shankar Vedantam relayed: Gutierrez attended Thanksgiving dinner last week at the home of one of her high school teachers, Elias Vlanton. A group called United We Dream organized 300 to 500 events where DREAM Act-eligible students could share Thanksgiving dinner with citizens – and also perform various acts of service – according to Jose Luis Marantes, a senior organizer at the group. read more
Continue reading …enlarge Credit: The Professional Left Time for your weekly podcast from The Professional Left, our own Driftglass and Bluegal . I hope everyone enjoyed their holiday and have a great weekend everybody. You can listen to the archives or make a donation to help keep these going if enjoy their weekly podcasts as much as I do at http://professionalleft.blogspot.com/ .
Continue reading …I just don’t like pot. I’ve smoked maybe two dozen or so times in my life, but I hate inhaling the smoke, I can’t stand the smell and I just don’t like the high. But I certainly don’t care about what other people do, and it’s bizarre that we spend as much time and money as we do arresting people for pot. Not only that, we have Washington pressuring those states that are forward-looking enough to recognize the inevitable and try to figure out a way to make money from what is still our biggest crop: SIERRA BLANCA, Texas (AP) — A U.S. Border Patrol spokesman says country singer Willie Nelson was charged with marijuana possession after 6 ounces was found aboard his tour bus in Texas. Patrol spokesman Bill Brooks says the bus pulled into the Sierra Blanca, Texas, checkpoint about 9 a.m. Friday. Brooks says an officer smelled pot when a door was opened and a search turned up marijuana. Brooks says the Hudspeth County sheriff was contacted and Nelson was among three people arrested. Sheriff Arvin West didn’t immediately return a phone message left at his home Friday, but he told the El Paso Times that Nelson claimed the marijuana was his. The singer was held briefly a $2,500 bond before being released.
Continue reading …In separate reports for the Associated Press during the past week, Christopher Rugaber and Jeannine Aversa, economics writers for the wire service, each dealt with estimates for next year's average unemployment rate. They came back with significantly different predictions for 2011 without recognizing how widely those estimates varied. On Tuesday , Rugaber dealt with the Federal Reserve's latest economic growth projections, in the process telling readers that the Fed expects that the unemployment rate “will be 8.9 percent to 9.1 percent in 2011.” On Friday , Aversa looked at three alternative proposals for handling next year's federal income tax rates, which will increase substantially for everyone unless Congress acts. The projected unemployment rates for next year under the three proposals are all either 9.9% or 10.0%. So the Fed thinks that unemployment will come down next year, while Aversa's consulted experts think it will go up slightly regardless of what Congress does or doesn't do about taxes. The one-point difference between the two sets of estimates represents about 1.5 million workers . That's not a small number. Did things suddenly get worse while the turkeys were cooking on Thursday? read more
Continue reading …Click here to view this media I am so tired of this “Obama needs to move back the the middle” meme constantly being pushed by our Beltway Villagers. Andrea Mitchell and Charlie Cook took their turn this week while wondering if President Obama might face a primary challenge from the left. Of course, what they completely ignore here is that the Republicans have done everything humanly possible to keep the economy from improving. Steve Benen wrote a piece last week on how the Republicans are sabotaging the economy for political gain, which apparently didn’t sit too well with former Bush speech writer Michael Gerson . The fact that they’re playing this zero sum game with our economy to regain power is apparently a topic of little concern to Mitchell and Cook; just whether they’re going to benefit from the results of their obstruction. Once again the Republicans can behave terribly and they never pay a price for their actions by the media because as we all know, no matter what happens, it’s bad news for the Democrats. Mitchell: With his approval rating at 45% President Obama could face a primary challenge in his reelection hopes next year. A new McClatchy/Marist poll shows 41% of Democrats want someone to challenge the president for the party’s 2012 nomination. That percentage jumps to 56% when you ask independent voters who are just leaning Democratic. […] What does he face, the president and especially looking at the economic climate, because that’s really what’s going to dictate what happens? Cook: This is what’s scary is if you think about the fed issues… Mitchell: Scary for the Democrats? Cook: Yes. Yes. Or for the White House because if you look at the fed report yesterday, they said that unemployment’s likely above 9% through 2011 and be at 8%, no lower than 8% by 2012. You know how many months of presidential election years in the post WWII era we’ve had with that 8% unemployment? One month, January of 1984. So the idea of having basically from the first full month the president set foot in office on all the way through election day with 8% plus unemployment, nobody’s ever been here before. And so that’s got to be very scary for the White House. Mitchell: And the White House, trying to retool, but they don’t seem really able to take that step. They’re not reaching out, according to most Democratic insiders, not looking beyond the immediate circle. Cook: Well I think they’ve already spent a very tightly knit group of people and they, you know, they view the establishment as having been for Hillary Clinton back in 2007 and eight and so there’s um… it’s a clickish group of folks. I mean they’re very bright, very talented people but reaching out hasn’t necessarily always been their strong point. Mitchell: Now the other thing looking out at the horizon is that they really did lose independents, moderates, whatever you want to call them. How do they regain them and still reach out to the base because you’ve got this much more liberal caucus, the House caucus led by Nancy Pelosi. They’re going to want to, you know, keep firm to Democratic principles and the president if he looks at this landscape is going to be wanting to move back to the center? Cook: Well I think you’ve hit the nail on the head that he’s going to be pulled two directions. They’ve got to solidify and enthuse their base while at the same time reaching out to independents.
Continue reading …Click here to view this media This video, produced by Taiwan’s NMA (Next Media TV, is good for more than a laugh. It also makes you realize what an international laughingstock Palin’s continuing high profile makes of the American political scene generally. They must think that we’re frigging nuts to even allow someone like this the kind of political ascendancy she’s achieved. And you know what? They’re right.
Continue reading …Alan Simpson is feeling a little besieged these days. It seems people aren’t taking too kindly to his proposals to cut a chunk out of their Social Security benefits, and they’re saying so . But Simpson said that while every interest group that testified before his committee agreed that the mounting federal debt is a national tragedy, they would then talk about why government funding to their area of interest shouldn’t be touched. “We had the greatest generation — I think this is the greediest generation,” he said. All this hubbub isn’t a surprise to Simpson, given how politically polarized the country is these days. “You don’t want to listen to the right and the left — the extremes,” he said. “You don’t want to listen to Keith Olbermann and Rush Babe [Limbaugh] and Rachel Minnow [sic] or whatever that is, and Glenn Beck. They’re entertainers. They couldn’t govern their way out of a paper sack — from the right or the left. But they get paid a lot of money from you and advertisers — thirty, fifty million a year — to work you over and get you juiced up with emotion, fear, guilt, and racism. Emotion, fear, guilt, and racism. “Time to go for facts. Everybody’s entitled to their own opinion, but nobody’s entitled to their own facts,” Simpson said, paraphrasing former U.S. Sen. Daniel Patrick Moynihan. Oh, how right he is. Facts are important. One really important fact that seems to be overlooked in his crusade against Social Security is this one: Social Security isn’t contributing to the national debt or deficit . Yet he insists on making it part of the discussion. Here’s another fact: Simpson, at age 79, received his Social Security benefits right on schedule at age 65. He also received his government pension at age 65. Both of those were financed by contributions the Baby Boomer generation made through their work which boosted the economy. Without our contributions, his generation wouldn’t have enjoyed their retirement years in relatively good health with a decent financial safety net. More facts: People Simpson’s age working in the private sector were more likely to be covered by a pension plan in their early working years and later by 401(k) plans. They were also more likely to remain with one employer for a longer period of time, allowing them to accumulate a decent pension before they reached age 65. All of that was done on the taxpayers’ dime. Pension contributions are deductible by corporations; 401k contributions in the early years were exempt from ALL taxes (later that changed to exemption from income tax only), and funds are accumulated on a tax-free basis. In plain terms, the Greatest Generation’s comfortable retirement has been bought and paid for by those members of the generation Simpson describes as “selfish”, and his generation enjoys a far more comfortable retirement than we can expect to receive. Meanwhile, that so-called “selfish” generation is the one now most likely to have lost significant portions of their 401(k) savings to the market crash, lost their homes or a large portion of their home’s value, lost their jobs and are not likely to be employed any time soon. When employers have the option to hire younger, less experienced workers who will work for less money and cost less in benefit dollars, they exercise it, leaving older workers (and particularly women) out in the cold. Selfishness is as selfishness does, Mr. Simpson. We’ve paid for you without complaint. Now it’s time to step up and really identify who is selfish. Start with the companies listed on the Dow Jones index and work from there.
Continue reading …It appears that at NPR, even a fat lip for the President is to be heralded as a crowning achievement furthering his prestige and street cred when dealing with despots like Kim Jong Il and Mahmoud Ahmadinejad. According to Scott Simon, a president with a “gnarly, vivid scar” might even be able to intimidate China's rulers into halting their currency manipulation (audio follows with partial transcript and commentary): read more
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