Tag Archives: politics

House Republicans Propose Social Security Opt Out/Privatization

They really are coming out of the closet…

First they wanted to destroy Medicare and Medicaid…

Now, they want to destroy Social Security.

I don’t know about you, but I would much rather have Social Security than trust Wall Street to manage my retirement money.  And not everyone has the skills to manage their own investments.

I keep saying it:  Remove the earnings cap on Social Security contributions and we have no Social Security issues anymore.  It’s a small, easy fix and no one has to ever worry about Social Security being insolvent again.

But that’s not what the GOP wants.  They don’t want to save Social Security.  They  just want an excuse to kill it.

If the Democrats will just stand up to them and protect Social Security, Medicare and Medicaid- which is consistent with the Party’s core beliefs- they could take back the House and keep the Senate.  And the Presidency if the President will stand up also…

From The Hill:

House Republicans on Friday introduced legislation that would allow workers to partially opt out of Social Security immediately, and fully opt out after 15 years.

Rep. Pete Sessions (R-Texas), who chairs the National Republican Congressional Committee, and several other Republicans introduced the Savings Account for Every American (SAFE) Act. Under the bill, workers would immediately have 6.2 percent of their wages sent to a “SAFE” account each year.

That would take the place of the 6.2 percent the workers now contributed to Social Security.

Another 6.2% is sent to Social Security by employers. Under the Sessions bill, employers would continue to make this matching contribution to Social Security, but after 15 years, employers could also send that amount to the employee’s SAFE account.

Sessions said this transition to a private retirement savings option is needed because Social Security last year began paying out more money than it took in.

via House Republicans propose Social Security opt-out – The Hill’s Floor Action.

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Anthony Weiner Admits He Tweeted Lewd Photos, Will Not Resign

Personally, I think this is much ado about nothing…

Not a real bright move, but no big deal since this was between consenting adults…

I also think Anthony Weiner is an incredibly effective Progressive politician, with an unfortunate name, who is going to be drug through the mud over this…

The Right Wing wants him out of the fight and they’re going to do all they can to bring him down.

To me, this is an issue to be handled between him and his wife.  This is the type of foolishness that, in the good old days, would not even have been reported.  (Remember JFK, among others….)

He needs to take the heat for a while and ride this out…

Thank god, he a represents New York City district and they’ll probably shrug this off…

Remember, Republican Senator David Vitter of Louisiana broke the law by playing with hookers and he is still in office….

There are also two probable side effects to this:

1.  This will put an end to the Gay rumors and innuendoes about Congressman Wiener-which I always thought were wishful thinking.

and

2.  Sarah Palin is probably standing in front of a web cam right now taking topless shots and sending them to Glenn Beck to get the media back to paying attention to her….

From Talking Points Memo:

Anthony Weiner admitted to lying about a lewd photo he sent to a college student in Washington state, telling reporters at a press conference in New York that he concocted a phony hacking story in a panic after deleting the public message.

“Last Friday night i tweeted a photograph of myself that I intended to send as a direct message as part of a joke to a woman in Seattle,” he said, fighting back tears. “Once I realized I had posted to Twitter, I panicked, I took it down and said I had been hacked. I then continued to stick to that story which was a hugely regrettable mistake.”

He added: “To be clear, the picture was of me and I sent this. I am deeply sorry for the pain this has caused my wife Huma and our family and my constituents, friends, supporters and staff.”

As for his own future, Weiner pledged to remain in Congress, saying he had not broken any law to his knowledge. “I am not resigning,” Weiner said, telling reporters he would try to convince his constituents this was a “personal failing” and did not alter his record.

via Anthony Weiner Admits He Tweeted Lewd Photos, Will Not Resign | TPMDC.

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Jon Stewart’s The Daily Show Ratings Soar, Fox News Slumps in May Ratings

Good news from the Media world…

Maybe Fox News’ audience is dying off faster than anticipated…or people are finally getting wise.

And Jon Stewart has been at the top of his game this year…

Another good trend for next year’s elections if it holds….

From Rawstory.com:

Comedy Central and “The Daily Show” both surged in the May Nielsen ratings, posting their best numbers yet. “The Daily Show” dominated its time slot across all of television, cable and broadcast, and boasted a very impressive 19 percent increase in viewership in May alone.

Meanwhile, according to Mediabistro’s TV Newser, Fox News suffered an overall decline in viewers in the highly sought-after 25-to-54-year old demographic for May, with total ratings down 10 percent. Bill O’Reilly’s viewership dropped 9 percent, Sean Hannity’s 6 percent, with Greta Van Susteren and Glenn Beck suffering the steepest losses with Van Susteren’s “On the Record” losing 12 percent of its audience and Glenn Beck sliding a whopping 17 percent.

Some of the fall-off in Beck’s numbers may be attributable to the fact that his show is going off the air, but it has been a consistent loser in the ratings for several months. The drop in public interest is echoed in ratings for radio shows hosted by Beck and Rush Limbaugh, which have each lost a third of their listenership in the last year, according to the radio polling group Arbitron.

The new Nielsen numbers show that “The Daily Show” averaged 2.3 million viewers, beating every program on Fox except Bill O’Reilly’s average of 2.8 million. “The Daily Show” and “The Colbert Report” beat all other cable and broadcast programming in a number of categories, including having the most affluent viewers and the most active web-sties.

via Jon Stewart’s The Daily Show ratings soar, Fox News slumps in May numbers | The Raw Story.

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The Next Bubble Is About to Burst: College Grads Face Dwindling Jobs and Mounting Loans

This has been a concern to me for some time….

So many kids are graduating college with so much debt- and no jobs.

And the Republicans want to cut education funding and Pell grants….

But then, the GOP has never valued education because educated people don’t vote Republican- unless they are rich and voting their pocketbook…

A scary little article from Alternet.com:

It’s the beginning of summer: warmer weather, longer days, the end of the school year. And that means graduation for thousands of young people across the U.S.; graduation with more student debt than ever before, and into a job market that is anything but promising.

Young people between the ages of 16 and 24 face an unemployment rate nearly twice that of the rest of the population, according to data from the Economic Policy Institute. 2010’s 18.4 percent rate for youth was the worst in the 60 years that economists have collected such data. ColorLines notes that in 2010, 8.4 percent of white college graduates were unemployed, 13.8 percent of Latino graduates, and a dismal 19 percent of black graduates.

Those bright, shiny new degrees simply aren’t worth the paper they’re printed on all too often. The cost of a college degree is up some 3,400 percent since 1972, but as we all know too well, household incomes haven’t increased by anything close to that number — not for the bottom 99 percent of us, anyway.

More:   The Next Bubble Is About to Burst: College Grads Face Dwindling Jobs and Mounting Loans | Economy | AlterNet.

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Sarah Palin On Paul Revere Ride: I Didn’t Get History Wrong

Uh, yes she did…

It’s so hard to post this without an outburst of profanity…

She was WRONG and she can’t even admit it.

Facts are facts and she doesn’t know hers.

She is an ignorant simpleton who wants all the media coverage she can get, but only on her own terms.

I can’t believe people take her seriously.  Her being accepted as a “legitimate” candidate for President of the United States is just ridiculous.  It makes the entire country look bad.

That sounds so much nicer than what I’m really thinking….

WASHINGTON (AP/The Huffington Post) — Sarah Palin says she didn’t mess up her history on Paul Revere.

The potential 2012 presidential candidate was in Boston on Thursday as part of her bus tour when she was asked about the Revolutionary War hero.

Palin said Revere “warned the British that they weren’t gonna be takin’ away our arms.”

Palin, a paid Fox News contributor, told “Fox News Sunday” that she was correct. She says there were British soldiers in the area for years before Revere’s legendary ride, and that he was warning them, as well as his fellow colonists.

“Part of his ride was to warn the British that were already there that ‘hey, you’re not going to take American arms, you are not going to beat our own well-armed persons individual private militia that we have.'”

She blamed her previous answer on the media, saying it was a “gotcha question.”

The Paul Revere House’s website says that on April 18, 1775, Dr. Joseph Warren instructed Revere to ride to Lexington, Mass., to warn Samuel Adams and John Hancock that British troops were marching to arrest them.

via Sarah Palin On Paul Revere Ride: I Didn’t Get History Wrong (VIDEO).

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Prison Sentence Doomed John Edwards Plea Deal

Fascinating article from the News and Observer about the behind-the-scenes negotiations relating to John Edwards’ indictment…

Just before John Edwards was indicted Friday, prosecutors made a final offer: They would accept his guilty plea to three misdemeanor campaign finance law violations in the $925,000 cover-up of his affair.With the deal, the former Democratic vice-presidential nominee would avoid a felony conviction – and almost certainly keep the law license that had made him wealthy.But there was a catch.The government wanted to dictate a sentence that would result in up to six months of prison for Edwards, even with the plea to lesser charges.Edwards and his lawyers were concerned. They wanted the ability to at least argue to a judge for alternatives, such as a halfway house, weekend releases, home arrest or some arrangement that would allow Edwards to be with his school-age children. He is a single parent after the death of his wife, Elizabeth, in December.But the way the possible plea deal was structured, the Edwards lawyers believed they would be muzzled from advocating at all about Edwards confinement before a judge, according to multiple people who were involved in the negotiations. Those sources described the plea negotiations in detail on a condition of anonymity because the case is ongoing.It was the last significant issue to be resolved for a plea. If Edwards didnt agree, he would be indicted on multiple felony charges.Edwards, 57, understood the risk. As a trial lawyer, he had sometimes spurned offers of settlements to take his chances with a jury, often winning big judgments. Would he do that again?The clock was ticking.

MORE:   Prison sentence doomed Edwards plea deal – John Edwards case – NewsObserver.com.

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Democrats Emerge From White House Meeting Determined Not To Cave On Medicare, Taxes

They are definitely, finally on the right track- where they should have been two years ago.

Now, if only they will stand by their words….

From TalkingPointsMemo:

 

House Democrats emerged from a White House meeting with President Obama confident that the GOP Medicare plan has Republicans on the ropes and more determined than ever to ensure that tax increases on the wealthiest Americans are included in any long-term debt-reduction package.

Minority Leader Nancy Pelosi (D-CA) said the meeting was “very productive” and a “great exchange of ideas.”

In negotiations with Republicans to raise the debt-ceiling and reduce the ballooning debt, Pelosi said Democrats and the President are committed to strengthening the middle class and reducing the debt with “balance” and “fairness.”

She also said that the primary focus of the meetings was on greater job creation.

House Minority Whip Steny Hoyer (D-MD) said Democrats and Obama have clear objectives in the negotiations: “We need to bring the deficits down and make sure Medicare is strengthened and preserved.”

“The President said failure is not an option” when it comes to raising the debt-ceiling, added Rep. Xavier Becerra (D-CA). “…We will make sure the middle class and seniors will not be stiff armed in these budget negotiations.”

House Republicans and Democrats are under increasing pressure to stop the bickering, especially when it comes to raising the debt ceiling.

via Democrats Emerge From White House Meeting Determined Not To Cave On Medicare, Taxes | TPMDC.

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How Fraudulent Is the GOP Budget Plan? It Wouldn’t Even Make a Dent In the Deficit! | | AlterNet

Interesting article from Alternet.

Alternet has so much interesting information, but I just wish it were better, more tightly written.

Maybe it’s my old school journalism background, but while I love the content, the writing style on this site drives me crazy….

Anyway, this is some great information on just how bad the Ryan Republican Budget really is….

The Republican budget plan is the purest expression of the Right’s longstanding desire to dismantle the social safety net. It’s not about the budget deficit—that’s simply a premise — it’s the “Shock Doctrine” in action.

How radical is it? According to an analysis by the non-partisan Center for Budget and Policy Priorities (CBPP), the plan would slash all public spending other than Social Security, Medicare and Medicaid by almost three-quarters by 2050. And because the “budget does not envision defense cuts in real terms,” what this means is that “most of the rest of the federal government outside of health care, Social Security, and defense would cease to exist.”

It’s the epitome of anti-tax zealot Grover Norquist’s fantasy of shrinking the government down to a point where he could “drown it in a bathtub.”

And it’s not just a matter of bait-and-switch; the entire proposal is a fraud. Just consider this: while selling their plan to the public as a “serious” and “bold” attempt to reduce the federal deficit, Republicans are overstating how much it would cut the budget gap by ten-fold.

via .

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GOP Can’t Handle The Truth: Taxes Are Lower Under Obama Than Reagan

Republicans don’t handle truth or facts well…

One of the things they did learn from Reagan was how to use smoke and mirrors and a little Hollywood magic to conceal the truth…

From ThinkProgress.org:

That House Republicans find this preposterous is symptomatic of the hold Reagan mythology has over them. After all, for seven of Reagan’s eight years in office, the top tax rate was higher than the current 35 percent. In six of those years, it was 50 percent or more. And every year that Regan was in office, the bottom tax bracket was higher than the current ten percent.

For a family of four, the “average income tax rate under Reagan in 1983 was 11.06 percent. Under Clinton in 1992, it was 9.18 percent. And under Obama in 2010, it was 4.68 percent.” During Reagan’s time, income tax revenue ranged from 7.8 to 9.4 percent of GDP. Last year, it was 6.2 percent and is not projected to climb back to 9 percent until 2016. In fact, in 2009, Americans paid their lowest taxes in 60 years.

Republicans are very fond of saying that the U.S. has “a spending problem, not a revenue problem.” But the truth is that revenue has plunged due to the recession and to continued misguided tax cuts, and revenue needs to be raised to eventually bring the budget into balance. And Reagan knew that taxes were an important part of the budget equation. After all, he “raised taxes in seven of his eight years in office,” including four times in just two years.

via GOP Can’t Handle The Truth: Taxes Are Lower Under Obama Than Reagan | ThinkProgress.

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Against Learned Helplessness – NYTimes.com

More wisdom from Paul Krugman…

He’s right…

As usual…

The voice of common sense in the wilderness.

Bear in mind that the unemployed aren’t jobless because they don’t want to work, or because they lack the necessary skills. There’s nothing wrong with our workers — remember, just four years ago the unemployment rate was below 5 percent.

The core of our economic problem is, instead, the debt — mainly mortgage debt — that households ran up during the bubble years of the last decade. Now that the bubble has burst, that debt is acting as a persistent drag on the economy, preventing any real recovery in employment. And once you realize that the overhang of private debt is the problem, you realize that there are a number of things that could be done about it.

For example, we could have W.P.A.-type programs putting the unemployed to work doing useful things like repairing roads — which would also, by raising incomes, make it easier for households to pay down debt. We could have a serious program of mortgage modification, reducing the debts of troubled homeowners. We could try to get inflation back up to the 4 percent rate that prevailed during Ronald Reagan’s second term, which would help to reduce the real burden of debt.

So there are policies we could be pursuing to bring unemployment down. These policies would be unorthodox — but so are the economic problems we face. And those who warn about the risks of action must explain why these risks should worry us more than the certainty of continued mass suffering if we do nothing.

In pointing out that we could be doing much more about unemployment, I recognize, of course, the political obstacles to actually pursuing any of the policies that might work. In the United States, in particular, any effort to tackle unemployment will run into a stone wall of Republican opposition. Yet that’s not a reason to stop talking about the issue. In fact, looking back at my own writings over the past year or so, it’s clear that I too have sinned: political realism is all very well, but I have said far too little about what we really should be doing to deal with our most important problem.

As I see it, policy makers are sinking into a condition of learned helplessness on the jobs issue: the more they fail to do anything about the problem, the more they convince themselves that there’s nothing they could do. And those of us who know better should be doing all we can to break that vicious circle.

via Against Learned Helplessness – NYTimes.com.

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