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Krugman Blames Downgrade On ‘The Extremism of Anti-Tax Republicans’

Early Saturday morning, NewsBusters asked how Obama-loving media would spin America's debt downgrade in order to blame it on the GOP. True to form, New York Times columnist Paul wrote at his blog: On one hand, there is a case to be made that the madness of the right has made America a fundamentally unsound nation. And yes, it is the madness of the right: if not for the extremism of anti-tax Republicans, we would have no trouble reaching an agreement that would ensure long-run solvency. We would have no trouble reaching an agreement that would ensure long-run solvency? Really? Then why didn't the President or his Party that controls the Senate ever put in writing such a proposal that could have been fully analyzed by America's legislators as well as scored by the Congressional Budget Office? After Obama's “grand bargain” was orally proposed without specific details, it was made quite clear that Democrats weren't comfortable with doing anything to Social Security and Medicare. As such, it appeared neither side supported what was coming out of the White House. It is therefore absurd of Krugman to accuse Republicans of blocking anything that would have altered Standard and Poor's decision. Consider too that before the GOP took over the House in January, the President and his Party that controlled both chambers of Congress couldn't get a budget done that, as promised by presidential candidate Obama, included the expiration of the Bush tax cuts. To suggest they “would have no trouble reaching an agreement that would ensure long-run solvency” which included more deficit reduction than what the President signed Tuesday requires what Hillary Clinton would call a willing suspension of disbelief. Nevermind that Obama initially called for a “clean vote” on this matter that wouldn't have included any deficit reduction whatsoever. Given S&P's decision Friday, such a move would have resulted in a downgrade anyway. Maybe more importantly, Krugman has made it clear for months that he doesn't support any spending cuts. Quite the contrary, he thinks we need another grand stimulus package to get the economy going. Just imagine how the credit ratings agencies would respond to America spending more money it doesn't have. Add it all up, and blaming this on Republicans lacks any understanding of what's happened in the nation's capital in recent months. We'd expect nothing less from a guy that even the folks on MSNBC's “Morning Joe” think is a “blind ideologue” producing tripe one would hear in a school “faculty lounge.”

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Samsung Conquer 4G set to raid Sprint on August 21st for $100 on contract

We’ve known about the Conquer 4G for a while now, in spite attempts to keep it under wraps . Sprint finally came clean on the existence of the handset today, announcing the milestone 25th 4G capable device for the its network — the first in that category to hit the market at under $100. The Samsung-manufactured smartphone will hit the market on August 21st for $99.99 (plus a two-year year contract and after mail-in rebate, naturally). The Gingerbread handset packs a 1GHz processor, a 3.5-inch display, and front- and rear-facing cameras. Press after the break. Gallery: Sprint Conquer 4G press photos Continue reading Samsung Conquer 4G set to raid Sprint on August 21st for $100 on contract Samsung Conquer 4G set to raid Sprint on August 21st for $100 on contract originally appeared on Engadget on Fri, 05 Aug 2011 10:26:00 EDT. Please see our terms for use of feeds . Permalink

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Afghan helicopter crash kills 31 US troops

A US helicopter crash in eastern Afghanistan has killed 31 US special forces and seven Afghan soldiers, President Hamid Karzai’s office says. The helicopter was taking the personnel back to their base after an operation. It is not clear how the…

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Msn

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Msn

Password Software Hack Skype Paltalk Facebook Msn Yahoo Gmail – 1600 Microsoft Points Giveaway. 2011 How to Hack Minecraft Premium Account 2011 Working 100% Verified Wth ProoF-Download dailysciences says: US government loses triple-A credit rating: The United States lost its top-notch AAA credit rating from Standard… http://bit.ly/n1SW5f

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Us Credit Rating

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Us Credit Rating

This Week With Rich Munnich They Lowered America’s Credit Rating Anyway S&P DOWNGRADES US CREDIT RATING! (AAA down to AA+) S & P Downgrades US credit rating for first time vortex_bits says: Same guys who gave AAA ratings to CDOs and CDSs that were junk downgrade U.S. Credit Rating . http://ow.ly/5WDug

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Indianapolis

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Indianapolis

Leo’s Pet Care Gen Con Indy 2011 Get Excited Part 2 Jeffrey David Gamble training with Miss. Sherri Babaie Part 1 FOXYBABY1 says: NEW HOT WHEELS COP RODS INDIANAPOLIS , IN -WAY 2 FAST MIP #YARDSELLR http://yardsellr.com/AJLCtQ

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Sweepstakes

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Sweepstakes

Senator: Sweepstakes cafĂ© law unclear Adam Putnam on Internet Cafes Olympus Spa 2011 Summer Festival Sweepstakes m4512ur says: Ever Growing popularity of Sweepstakes in the marketing sphere: Article by sweepstakes , get free gift cards S… * http://bit.ly/naQRtG

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Planet Of The Apes

Bigfoot goes to theater – watches Planet Of The Apes – THIS IS FOR REAL! Rise of the Planet of the Apes movie review Bigfoot Monster – goes to theater – watches Planet Of The Apes – THIS IS FOR REAL! Jrodprod says: Fck it.. Gotta see it tomorrow RT @ JusLX : RT @ Twist_4Klub Planet of the Apes was one of the best movies I’ve seen hands down NO GAS

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Cambrige researchers tout new location-based method to predict friends on social networks

Friend suggestions on social networks may already be a little too eerily accurate for some, but a team of researchers from Cambridge University now say they can do one better. They’ve devised a method that doesn’t simply rely the usual friends-of-friends approach, but on where those people tend to hang out. According to researcher Salvatore Scellato, “it turns out that the properties of the places we interact can determine how likely we are to develop social ties,” and that places like offices and gyms are better indications of potential friends than football stadiums or airports. That notion was borne out in their research (conducted over a period of four months using Gowalla), which found that “about 30 percent of all new social links appear among users that check-in to the same places.” With the two prediction methods combined, the researchers say they’re able to account for 66 percent of all new social ties. No word if they’ve moved onto predicting crimes next. [Image credit: Gowalla ] Cambrige researchers tout new location-based method to predict friends on social networks originally appeared on Engadget on Sat, 06 Aug 2011 07:00:00 EDT. Please see our terms for use of feeds . Permalink

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Phineas And Ferb

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Phineas And Ferb

The Random 9 Parody of Randomness Part 3 Bearing Around Movie 2: The Troubled Mrs.Doofenshmirtz Phineas and Ferb Across the 2nd Deminsion clip Perrys Photos KaylaAlize says: Phineas And Ferb Should Be Black AF By Now It Been Summer Time For More Than 2 years Now

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