Wednesday, October 31, 2012
Tuesday, October 30, 2012
Consequences of ideology
Sending back to the states. Seems Romney wasn't always so opposed to the federal government's money.
The entire region was under flood warnings, but the problem was especially acute along the Merrimack River, especially in the city of Lowell, where Romney's response was considered, well, leaky. The right-leaning Lowell Sun was particularly displeased.
We find it inconceivable that Gov. Mitt Romney claims the state can do nothing to help those residents still struggling to rebuild homes and businesses after the May flood. Massachusetts is sitting on millions in unspent emergency funds from Hurricane Katrina and more than $1 billion in cash reserves, yet Romney has failed to even respond to the Lowell delegation's requests to discuss additional aid for victims. The governor's spokesman — since Romney can't be bothered to comment now that the photo opportunities have dried up even though some residents' basements haven't — said the state will not consider spending its own money for flood victims until it's clear how much cash the federal government will give.
Monday, October 29, 2012
Shock troops of disaster
Blue Monday, Sonny Boy Williamson edition
Friday, October 26, 2012
And he's oh, so healthy...
Labels: The Kinks
Thursday, October 25, 2012
The real threat to our economy
Money is cheaper now than it has been in living memory: the markets are telling corporate America that they are more than willing to fund investments at unbelievably low rates. And yet the CEOs are saying no. That’s a serious threat to the economic well-being of the United States: it’s companies are refusing to invest for the future, even when the markets are begging them to.
Instead, the CEOs come out and start criticizing the Federal government for stepping in and filling the gap. If it wasn’t for the Federal deficit, the debt-to-GDP chart would be declining even more precipitously, and the economy would be a disaster. Deleveraging is a painful process, and the Federal government is — rightly — easing that pain right now. And this is the gratitude it gets in return!
The national-security angle is just silly: there’s no evidence at all that the United States is any more vulnerable at times of high debt than it is at times of low debt. And even if it might be essential that we put in place a plan to fix America’s debt, it certainly isn’t urgent: the bond market is telling us that very clearly indeed. When the 10-year bond yields well under 2%, the market is telling America to borrow more, not less. And central banks around the world have made it very clear that these low rates are going to be around for a good while yet.
The CEOs do concede as much, a little grudgingly, when they say that “this plan should be enacted now, but implemented gradually to protect the fragile economic recovery” — a statement which does rather undercut the “urgent” bit at the beginning. And to their credit, they do say that any successful fiscal plan “must be bipartisan”: I take that to mean that Republican pledges not to raise taxes are idiotic, not least because there’s no way that any such plan will ever get Democratic buy-in.And oh yeah, they concede we need to collect more tax revenue...by "broadening the base," rather than raise taxes on rich CEOs taking home absurd pay packages. In other words, make more people pay income tax so that they can pay less.
Also too: Social Security.
So, CEOs, wanna help? Borrow money at, basically, 0% interest, to invest in and expand your enterprise. And Hire. More. People. More people working...that will "broaden the base," you sons of...
Wednesday, October 24, 2012
There are no boundaries
They went to the unusual length of arranging a focus group to test anti-Obama films. Conducted by Frank Luntz, the well-known Republican research analyst, a 30-person focus group looked at three choices: Dinesh D’Souza’s “2016: Obama’s America,” which theorizes that the president’s political beliefs were shaped by the radical “anticolonial” views of his Kenyan father; “The Hope and the Change,” a softer critique of the president that features interviews with disaffected former Obama supporters; and “Dreams From My Real Father,” which posits the implausible theory that the president’s real father is Mr. Davis, and that Mr. Davis indoctrinated him with Marxist views early on.
And also. Douchebags.
The film is the work of Joel Gilbert, whose previous claims include having tracked down Elvis Presley in the witness protection program and discovering that Paul McCartney is in fact dead.
Tuesday, October 23, 2012
Geography is not a Bain specialty
Labels: The oven Mitt
Monday, October 22, 2012
Sunday, October 21, 2012
Friday, October 19, 2012
The experience of pain
“The feelings of dissatisfaction and hurt inside right now is something that I hadn’t experienced in a while. So to be able to experience even this pain right now, I’m just so grateful to the Yankees to give me this opportunity to do that.”
Labels: baseball is cruel
Wednesday, October 17, 2012
"In fact, he's the only decent man in the Senate"
Monday, October 08, 2012
Blue Monday, Blind Willie McTell edition
Friday, October 05, 2012
Whoa, Nelly. Everybody's favorite centrist said something you're not supposed to say on CNN
Thursday, October 04, 2012
Apparently, there was a reenactment of the Lincoln/Douglas debates last night.
Labels: The Yankees win
Wednesday, October 03, 2012
Apple Maps force change to classic cover
Sad, sad little manboy in a bow tie
Anywhoo, I interrupt my blogger radio silence only to point out that Zandar nails it.
I will add however that Romney’s internal polling numbers must continue to be absolutely horrific if the Tighty Whitey Patrol here is resorting to what is actually a really damn good speech by then Senator Barack Obama as some sort of secret instructions to us black folk to rise up and…build…infrastructure in…primarily minority neighborhoods…to benefit…minority owned local businesses. Or something equally fabulously offensive. I don’t really know, honestly. Either way, it’s desperation piled on so thick you could armor plate a truck in it and probably add enough internal baffling and bulkhead structure to make the truck amphibious to boot, which would be really neat. You could call it SUBMOTRUCK 4000 and you could avoid tunnels and floods and Headless Horsemen and crap. Really awesome except for the fact that it’s covered in thick sheets of ablative desperation, which would make the interior smell terrible, like what I imagine the “war room” at Romney HQ smells like about 5:45 in the afternoon.