Click here to view this media As progressive blogger mooncat at Left in Alabama points out, freshman GOP Rep. Martha Roby was recently asking for a truce from the Obama administration and Democrats, pleading with them not to run any attack ads holding her to account for her vote in favor of Paul Ryan’s budget and its accompanying plan to turn Medicare into a voucher system. Amazingly, even after that, they decide to trot her out to give the Republican Weekly Address defending Ryan’s budget. That said, worrying about blatant hypocrisy and whether anyone in the media might bother to point it out has never been one of the GOP’s big concerns. Here’s more from Left in Alabama : Will Roby again beg President Obama for mercy for her vote to ” essentially end Medicare ?” She probably should, but the text of her pre-recorded message is already available and Roby confines herself to holding the debt limit hostage and a reiteration of the GOP platitude that “everything should be on the table — everything, that is, except tax increases. We cannot tax the same people we expect to create jobs.” Seriously. That’s a verbatim quote from Martha Roby. Wake up and smell the coffee, folks. Tax cuts don’t create jobs, they create deficits . If tax cuts were going to create jobs, the Bush tax cuts would have created jobs. Instead, as the Wall Street Journal remarked, George W. Bush had the worst record on job creation since they started keeping records! She was also touting more “drill baby drill” energy policies, as though we’ve got enough oil available here in the United States to make any difference compared to what we consume, and that that oil doesn’t end up being sold by a cartel where we’ve got no control over the price, and pretending the solution for our country is not figuring out how to get off of oil dependence all together. And of course, she said nothing about whether oil speculators are running those costs up as well. She also pulled out the Republicans’ favorite boogeyman — tax hikes — as being harmful to the economy when we all know full well that they don’t care how badly taxes are raised on the poor and the middle class or small businesses as long as their wealthy campaign contributors don’t see their taxes go up. If they actually cared about protecting small businesses and taxing those who are hoarding all of the wealth in the United States, the Republicans would have voted to let the Bush tax cuts expire for anyone making less than $250,000. Instead they decided to hold the unemployed hostage to get those tax cuts back for the upper earners. And when any of our politicians in this country start talking about outsourcing and a race to the bottom on wages, I’ll believe they’re serious about whether our economy actually improves or not. Naturally any discussion on those topics rarely makes the national discourse by our corporate media. Transcript via the LA Times below the fold: Weekly remarks by Rep. Martha Roby, as provided by Republican Party leadership Hello, I’m Representative Martha Roby. It is a great honor to speak to you today about the challenges our country faces. I do so, not only as the representative of Alabama’s 2nd Congressional District, but also as a mother concerned about the future for my kids, and yours. I can’t begin to tell you how many times I’ve gone to the grocery store and found myself in a conversation about the price of gas, the cost of going to the doctor, or about how hard it is to get a business going and keep jobs in our area. The sad conclusion of these conversations is that Washington is a part of the problem. It is failing to promote policies that will put our economy on a path to prosperity. The price of gas is a good example, and a timely one too. Year after year, politicians in Washington talk about steps to ease the pain at the pump, but they never act. It hit home this spring when the president promoted Brazilian-made energy in Brazil while his administration keeps our resources here at home under lock and key. I am pleased to report the House has passed several measures designed to expand domestic energy production to help address the soaring gas prices. This is also important because when we’re talking about energy, we’re talking about jobs. The cost of energy is directly related to the cost of hiring workers and running a business. The cost of government is also hurting our economy. Washington’s failure to enact policies that promote long-term economic growth and balance the budget is creating uncertainty for employers and consumers alike. For years now, Washington has kicked the can down the road without facing up to its spending addiction. Not anymore. The big spenders have been put on notice and are on retreat. The American people reject the idea of giving Washington a blank check to increase the debt limit. The House is listening. Republicans have made clear that there will be no increase in the national debt limit, unless it is accompanied by significant spending reforms that truly change the culture of spending in Washington. To get there, everything should be on the table –- everything, that is, except tax increases. We cannot tax the same people we expect to create jobs. That is a recipe for keeping people out of work. The threat of tax hikes — along with the torrent of rules and regulations coming out of Washington – has employers sitting on their hands at the worst possible time. The Republican budget put forward by Chairman Paul Ryan ends the threat of job-crushing tax hikes. It also preserves critical programs like Medicare. Because, again, the greatest threat is doing nothing. If we do nothing, Medicare will simply run out of money. Without action, seniors’ benefits will be cut. Under Chairman Ryan’s plan, seniors 55 and older would not be affected in any way. That is an important point. For those of us under 55, we must take steps to ensure Medicare will still be around when we retire. It is time for Washington to get serious about the challenges that face our country. This includes putting our fiscal house in order and addressing the soaring gas prices. The greatest threat to our economy, job creation, and the future of our children is to do nothing. We have to act. It is what we were sent to Washington to do. Finally, I would like to take a moment to thank all Americans for the overwhelming support and especially the prayers you have sent to the people of Alabama in the wake of last month’s devastating tornadoes. We have needed them. As have the people of Tennessee and all those along the Mississippi dealing with terrible flooding. It is heartbreaking to see our friends and neighbors go through tough times. But, as always, the people of our state are coming together to lend a helping hand to do what needs to be done. I am proud to represent people who care so deeply about their communities. Their perseverance and strength only motivates me more as their representative in Congress. I owe it to them not to let this critical moment pass without acting to ensure the American Dream is alive and well for our children and grandchildren. If everyone in Washington felt the same way, we could accomplish a great deal more. Thank you for listening.
Continue reading …It’s Special Election Day in the West Los Angeles district of CA-36, replacing retired Representative Jane Harman. Angelenos have a chance to vote for a true progressive, Blue America-endorsed Debra Bowen . Tuesday’s special election in California’s 36th District is a prequel to what will likely be the main event on July 12. If no candidate gets a majority of votes cast – highly unlikely in the crowded 16 person field – the top two vote-getters will advance to a runoff in the first test of the state’s new “jungle primary” system . The Frontrunners: Los Angeles City Councilwoman Janice Hahn jumped into the race almost immediately after now-former Rep. Jane Harman announced in February she’d step down to head the Woodrow Wilson Center. Hahn and Harman are close, and while Hahn doesn’t have the former congresswoman’s official endorsement, Harman did provide her with a heads-up she was leaving. Hahn comes from a well-known political family – her brother, James, served as the city’s mayor from 2001 until 2005, and her father, Kenneth, was a county supervisor for forty years. California Secretary of State Debra Bowen took a bit longer to officially decide, but since her entrance, the two women have been at the top of a very crowded pack in the all-party primary. Hahn quickly rolled out endorsement after endorsement of other Members of the state’s Congressional delegation, Sen. Dianne Feinstein , and even former House Minority Leader Dick Gephardt . She’s also garnered most of the labor endorsements in the race. Bowen has worked to paint herself as the more progressive candidate in the race, particularly on environmental issues, and has been endorsed by Democracy for America, former Democratic National Committee Chairman Howard Dean , and the Sierra Club. Hahn is another BlueDog-cum-DINO, like Harman. Do we really need another one of those in the House? Debra Bowen (here’s her Blue America page and the live chat she did with us in March ) has been fantastic advocating for fair and transparent elections as Secretary of State and it would be incredible to get a clear and unapologetic liberal in office. This is our first “jungle primary” (I really hate that term), so it’s critical that Bowen gets the turnout she needs to be in the final runoff election in July. Please, if you are in the 36th District, do not forget to vote and support our candidate, Debra Bowen.
Continue reading …After his performance on Sunday's “Meet the Press,” Republican presidential candidate Newt Gingrich is taking hits from media members on both sides of the aisle. A few minutes after conservative columnist Charles Krauthammer declared the former House Speaker's campaign “over,” one of the Washington Post's editorial writers told “Special Report's” Bret Baier, “I think Newt established a great future for himself perhaps as a Democratic candidate” (video follows with transcript and commentary): BRET BAIER, HOST: Chuck, Rush Limbaugh spent a lot of time on his show today dealing with this issue, and when that, you know, you turn to that and lot of people listen to Rush, you get a sense that it really had hit a nerve, not only the mandate but also the Paul Ryan part as he is defending his budget plan. CHARLES LANE, WASHINGTON POST EDITORIAL WRITER: Totally. I think Newt established a great future for himself perhaps as a Democratic candidate going forward because he did such a good job of articulating, repeating all the arguments the President’s been making for the individual mandate. But he blew himself up not just as a candidate but in a real sense as a Republican. Is Lane right? For those interested, Mark Levin interviewed Gingrich on his radio program today ( audio available here ).
Continue reading …enlarge Henry Morgenthau and his former boss. Real-estate lobbies were wreaking havoc then too. Click here to view this media On this day in 1946 if you were listening to the radio you would probably be hearing an address by former Treasury Secretary under FDR Henry Morgenthau on the state of housing in Post-War America and where the returning Veteran stood in all of it. Then as now, Real Estate prices were grossly inflated and there seemed to be little in the way of a remedy for it. Measures were introduced such as the Veteran’s Emergency Housing Bill to provide a ceiling for prices in an attempt to curb runaway prices. But, as always, lobbies in Washington were powerful and belligerent and the crisis only deepened. Henry Morgenthau: “Wyatt’s (Wilson Wyatt, author of Veteran’s Emergency House Bill) proposal was simply this; suppose a man owns a house, he would be permitted to sell it once at any price he could get for it. But if the house is again put up for sale after that, that same price would be considered the ceiling so long as the emergency lasts. In other words, if he got $10,000 dollars for the house, $10,000 would thereafter be considered the ceiling price. This would have done nothing, of course to roll the real estate prices back from their present dangerously inflated levels. Mr. Wyatt was just trying to work out a compromise. But the Real Estate lobbies wouldn’t hold still, even for that. They know perfectly well that millions of dollars of Black Market money, a lot of it in the form of $1,000 bills is being poured into real estate speculation. Evidently they are unwilling to put an end to it. As far as the Real Estate lobbies are concerned, Real Estate prices can go on rising till kingdom come. Even if the average American and the Veteran are reduced to living in cellers.” In trying to remedy a situation that had spiraled out of control, Morgenthau, on behalf of the Truman administration sought to ease the anxieties and express some sort of solution to the problem. This radio address, given on May 16th 1946 was part of a weekly series of addresses Morgenthau gave on Post-War problems. . . .and I left in the Gallo Wine commercial as a reminder.
Continue reading …Presidential candidate Newt Gingrich had a tough day on “Meet the Press” Sunday. So troubling was his performance that syndicated columnist Charles Krauthammer told “Special Report's” Bret Baier Monday, “He’s done…This is a capital offense…It's over” (video follows with partial transcript and commentary): BRET BAIER, HOST: Charles, how big of a deal is this? CHARLES KRAUTHAMMER: This is a big deal. He’s done. He didn't have a big chance from the beginning but now it's over. Apart from being contradictory and incoherent as we saw in those two bytes you showed where he contradicted himself in the course of one day on the individual mandate. Calling the Republican plan which all but four Republican members of the House have now endorsed and will be running on, calling it radical and right-wing social engineering is deadly. I mean, I think every one of these Republican candidates running for the House is going to have a Democratic opponent who’s going to run an ad that you can write today. It’s going to start, “Even the conservative Newt Gingrich, the former leader of the Republicans in the House, says, ‘It’s radical, it’s social engineering.’” Reagan had the Eleventh Commandment: do not, thou shalt not attack fellow Republicans. This is a capital offense against the Eleventh Commandment. He won’t recover. As bonus coverage, the discussion later changed to Mitch Daniels: KRAUTHAMMER: If Daniels does not run – although I think probably he will now – if he doesn't, I think there’s a good chance that either a Christie or a Ryan will be kind of drafted in to bring electricity, new energy into the Party. So, I think that could be, it wouldn't close the list of major candidates if one of those two decides that this is the moment. BAIER: Well, a Ryan-Gingrich debate would be interesting. Is Krauthammer right on either count?
Continue reading …Plagiarizing Wikipedia: It’s not just for high school students anymore! ePolitix busts John Hayes, Britain’s further education minister, for apparently lifting a portion of a recent House of Commons speech from Wikipedia. Hayes was giving a history of bank holidays, and ePolitix offers up a detailed comparison of what he…
Continue reading …So earlier today we wondered whether Speaker John Boehner is going to directly lobby his Republican colleagues in the U.S. Senate to walk with him on Paul Ryan’s road to recession. As everyone knows, things are not going too well for Ryan’s “Path to Prosperity” debacle . Apparently Ryan was so much on the defensive during his speech at the Economic Club of Chicago that he ended up conceding the point that it was President George W. Bush who wrecked America’s economy. With this backdrop it is going to be interesting to see which Senate Republicans will step up to embrace Ryan’s roadmap to recession. We have heard that Senator Susan Collins does not want any part of it . Senators Rob Portman and Lamar Alexander backed off from it as well. So which Senate Republican is going to embrace Ryan? Enter Senator Scott Brown. Apparently Scott Brown is saying “Thank God” for Paul Ryan’s budget plan : “Finally we had congressman Ryan come forth with a budget proposal, thank God, because we haven’t had one in a couple years and that now has forced the debate and forced the President actually to come forth with his budget proposal,” Brown said. There is no going back for Brown at this point. His words, blessing Ryan’s plan to gut Medicare should be tagged on his forehead from here on out. As Steve Benen wonders in amusement : Are Massachusetts voters aware of this? Keep in mind, we’re talking about a right-wing budget agenda that, among other things, ends Medicare, cuts taxes on millionaires, eliminates safeguards on Wall Street, and guts funding on everything from food stamps to infrastructure to education. Brown could easily oppose this — his centrist GOP colleague, Susan Collins, already has — but he’s nevertheless defending it. Also note, just two months ago, Brown, an alleged moderate, also voted for the House Republican budget for the current fiscal year, which, among other things, cut funding on medical research, job training, health care, and homeland security. Scott Brown does realize that Massachusetts isn’t Mississippi, doesn’t he? “Dan Quayle in a barn coat” is looking more and more apt all the time. It looks like Massachussets Democrats to their credit are already on Brown’s case . Now the question becomes: What about other guys? What about Senator Bob Corker from Tennessee? What about Mark Kirk from Illinois? What about Lisa Murkowski from Alaska? How about Olympia Snowe? Are they also going to step out and offer Paul Ryan a bear hug in public or are they going to hide from the public? How about Boehner? While the country is grappling with the expiration of debt ceiling is he going to be relaxing in yet another recess or is he going to walk the walk of talking up supporting “Path to Prosperity” ? I mean Boehner shares the same state with Senator Portman, who as mentioned above is unsure about the Ryan plan. It shouldn’t be that hard for Boehner to publicly call out Portman through the Ohio press that he should embrace the Ryan plan. No? The traditional media should not let Boehner hide during this recess. If they want to track him down, they can probably just look for him at the local golf courses or tanning salons.
Continue reading …Look out, President Obama: House Republicans have created another “hostage situation.” This time, they’re holding the debt ceiling for a ransom of big spending cuts, writes Paul Krugman in the New York Times . The Republican Party doesn’t control the White House or the Senate, so you wouldn’t think the party…
Continue reading …Want to know when you’re going to die? A blood test soon to be offered over the counter in Europe can give you a good estimate. The Life Length test, which will cost around $700, measures the length of a person’s telomeres, structures on the tips of chromosomes that can…
Continue reading …The federal government reached its debt limit Monday, and Treasury Secretary Tim Geithner again detailed the disastrous and widespread consequences of Congressional inaction. Skeptics continue to suggest that a failure to raise the debt ceiling would not significantly harm the economy, but Geithner argued the exact opposite, insisting that a default on the federal debt would deal a blow to the global economy, as a crucial pillar would be compromised. The federal government would be forced to freeze spending, including its payments to investors, businesses, citizens and the military, shocking the U.S. economy and potentially plunging it into a fresh recession, Geithner wrote in a Friday letter to Sen. Michael Bennet (D-Colo.). From the letter: A default on Treasury debt could lead to concerns about the solvency of the investment funds and financial institutions that hold Treasury securities in their portfolios, which could cause a run on money market mutual funds and the broader financial system — similar to what happened in the wake of the collapse of Lehman Brothers. As the recent financial crisis demonstrated, a severe and sudden blow to confidence in the financial markets can spark a panic that threatens the health of our entire global economy and the jobs of millions of Americans. Abruptly freezing federal outlays, Geithner added, “would likely push us into a double dip recession.” The letter was the latest warning from a top economic official that delaying an increase of the debt ceiling could wound the economy for years to come. Federal Reserve Chairman Ben Bernanke, Council of Economic Advisors Chairman Austan Goolsbee and a host of independent economists have repeatedly stressed the importance of raising this limit, which currently prevents the government from carrying out the commitments that Congress has already made. Now that the government has reached its debt limit, the Treasury is set to engage various temporary measures to tread water until August 2. At that point, it will have to default on some of its loans, Geithner wrote in a recent letter to Congress. These “extraordinary measures,” aimed at staving off default, began earlier this month, when the Treasury stopped issuing special securities that help state and local governments manage their debt. The next round of these measures — in which the government liquidates certain investments of a pension fund and blocks other funds from new investment — is set to commence Monday. But lawmakers have downplayed the urgency of this issue. “When you say the drop-dead day is going to be August, I question that,” Rep. Tom Rooney (R-Fla.) said, according to the Wall Street Journal last week. Republican leaders in Congress have used the debt ceiling debate as a way to try to enforce fiscal austerity, saying they will not vote to raise it unless the legislation comes with measures aimed at reducing the deficit. Economists have criticized lawmakers for injecting party politics into the debate, and for essentially threatening to crash the economy in order to achieve this agenda. But this Republican view has traction. Stanley Druckenmiller, the billionaire money manager who runs Duquesne Capital, said a default by the U.S. government would not cause lasting economic damage. The bigger issue is the federal deficit, he told the Wall Street Journal. As an investor in U.S. debt, he’d accept a late debt payment if it meant the government also made an effort to trim spending, he said. “People aren’t going to wonder whether 20 years ago we delayed an interest payment for six days,” he said. “They’re going to wonder whether we got our house in order.” Others in the financial community have disagreed, however. “We are particularly concerned by the growing belief that hitting the August drop-dead date would be no big deal,” Bank of America chief economist Ethan Harris said in a note last week.
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