Ed DeMarco, Top Housing Official, Defies White House; Geithner Fires Back

-This is not the first time DeMarco has irked the Obama administration. As the acting director of the federal overseer of Fannie and Freddie, DeMarco has broad powers to set policy at the companies.-



Remember, Fannie and Freddie have been a public/PRIVATE partnership for decades. DeMarco is protecting the interests of Bankers in this situation. If Fannie and Freddie were completely government run, without Private Sector interference, we wouldn't be seeing this issue in the first place, for the addressing the Mortgage Holder's issues would come first in order to benefit the greater economy.



DeMarco should find other work, I'm sure it's waiting for him.
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Obama, Romney In Florida Running Almost Neck And Neck, Poll Shows

"If you want a picture of the future, imagine a boot stomping on a human face -- forever." George Orwell.



Americans in Red States are happy to lace the boot, and present their faces.
About Barack Obama
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Richard Mourdock, Republican Indiana Senate Candidate, Compares Chrysler Bailout To Slavery

Interesting, I sometimes refer to the Tea Party as Political Herpes.
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Poland Represents Obama's Acquiescence and Weakness

Um ...



"Solidarity Trade Union Breaks With Walesa, Opposes Romney



After Lech Walesa endorses Romney, the trade union co-founded by the former Polish President says he doesn't speak for them."



Zeke Miller - BuzzFeed



http://www.buzzfeed.com/zekejmiller/solidarity-trade-union-breaks-with-walesa-opposes
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John McCain: Mitt Romney Needs To Do More To Court Hispanic Vote

This "self-deport" suggestion made by Romney was just a nonsensical utterance from a candidate that knew he needed to say something on the issue of immigration but wanted to make sure that something would be as insignificant as possible, and, at the same time, would engender a flicker of hope to those on all sides of the immigration question in a kind of positive, unsubstantial and nonthreatening way.



"Self-deportation" isn't deportation but it does mention deportation.



In other words ... another anemic Mitt-icism.
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Paul Ryan's Influence On The G.O.P. : The New Yorker

Paul Ryan is just a minion of the Koch Brothers, if you takeaway that connection he's a nobody.
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Antonin Scalia: There Are 'Undoubtedly' Limits To A Person's Right To Carry Guns

People need to stop thinking in 2nd Amendment terms when considering guns, and think in terms of Gun Sales. The NRA is a front for Gun Manufacturers, and it has two goals in mind. One is to keep gun laws almost non-existent so anyone can walk in and buy a gun with as much ease as they can buy an IPod. Second, to keep the fear generated that the government is on the brink of confiscating everyone's guns, which leads to hoarding of weapons and ammunition.



Again, don't think about the "Right to Bear Arms" and think in terms of the right to make profit off of guns and ammunition like any other consumer product, for that is the dynamic at play.



All of the 300 million, or so, guns in circulation and the ammunition and accessorizes associated, represent money going into some gun or ammo manufacturer's pocket.
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Antonin Scalia Blasts Health Care Reform Decision, Says Supreme Court Is Not 'Political'

the US Supreme court isn't political? In 2000, five Justices who owed their appointment to the high court to George H.W. Bush appointed his son, George W. Bush, President of the United States, in a ruling they declared could not be used as precedent for any future Presidential electoral standoff.



Tell me that wasn't an act of Quid Pro Quo politics. Tell me again that what occurred on 2000 wasn't a coup, with the Supreme Court as its instrument.



Tell me again how the Supreme Court isn't political ... I could use a laugh with my morning coffee.
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Eric Cantor Rips Nancy Pelosi For 'Patronizing' Comments About Jews

Let's clear one thing up. When the United States attacks Iran it will be to capture the oil for the Texas Oil Cartel. The interests of Israel are a Red Herring. If Israel had oil, and refused to give the Texas Oil Cartel unfettered access to it, plans for an invasion of that country would be on the drawing board as well. Understand the world we live in.
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Jamie Dimon Still Likes Being Too Big To Fail, But His Org-Chart Shuffle Hints Otherwise

We should take the hint here ... First Weill then Dimon ... something is brewing that these insiders see that the rest of us don't yet. I don't believe conscience is the motivator of any of this.
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Donald A. Perry Dead: Chick-Fil-A Vice President Of Corporate Public Relations Dies

I remember one time Lou Dobbs was interviewing a spokesman for an Indian Outsourcing firm when he was still at CNN. The guy was agitated and uncomfortable looking throughout the interview, and the next day Dobbs reported the guy had died that night after he left the studio.



I don't know how long Perry had been the VP of PR, but it is hard to believe Chick-Fil-A has ever dealt with a firestorm of PR controversy as it has seen after the comments of Cathy.



It is possible to be overwhelmed to the point you can't take the stress, and have a health incident when you aren't prepared to manage a high profile crisis like this.
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Eric Cantor: Michele Bachmann Concerned About 'Security Of The Country'

Michele Bachmann is a farce. She works for rich, right wing geriatrics so she uses the weapons of the McCarthy Era against her political opponents.



Michele Bachmann is far more interested in fulfilling her own political aspirations than the "Security of the Country."



In fact, I will go so far as to say if a direct terrorist attack on the United States would further Bachmann's political ambitions she would be all for it.
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James Holmes, Suspected Aurora Shooter, May Have Described Killings In Package: Report (PHOTOS, VIDEO)

Here's a question ... how was this maniac not on Homeland Security's radar? I mean, forget the guns, this guy booby trapped his apartment with enough IEDs to take down his building, if not his whole neighborhood.



Here we are, nearly eleven years after the September 11th attacks ... we have this bloated Homeland Security apparatus that George W Bush implemented ... we have to take off our shoes at the airport, and allow TSA to fondle us, or view our nakedness on an X-Ray Spec screen ... the NSA is monitoring our communications ... AND STILL. STILL. This maniac, with his actions, did not trip any Homeland Security alarms.



Let's take a deep breath and say this all together:



"Homeland Security is a complete and utter failure, if not an outright fraud, and we are no safer today than we were on September 10, 2001"
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Ted Nugent Slams Response To Aurora Shooting, Suggests Armed Moviegoers Could Have Prevented It

When you consider how steeped in fantasy the American Gun Obsession is, you can see why the "If I were there with my gun, I would have popped up and taken the bad guy down" meme gets so much traction with this crowd.



I worked for ten years with armed guards (I won't specify the industry) I knew five that were killed, and maybe ten more that were shot at, or had a bad guy draw on them. These armed guards were either moonlighting law enforcement, or military veterans who had seen action. These guards practiced on a firing range everyday, and were extremely proficient with firearms ... but in all the cases of confrontation these certified armed professionals encountered, the bad guy came out on top all but two times as I recall.



When I say I knew five who were killed, I mean these were guys I worked with on a daily basis, and joked around with. They were friends. I had no reason to believe they were unable to defend themselves or weren't experts with their firearms. But firearm expertise, in terms of gunfights, has minimal value, even though the opposite seems logical. The bad guy doesn't always come at you like a stationary target does. The element of surprise, and the willingness to kill is all an assailant needs to take down an armed professional.



Killers don't wait to be killed.
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Middle-Class Tax Cuts Preserved For A Year In Bill Passed By Senate (UPDATE)

I saw Ezra Klein discussing how this vote was symbolic because under the Constitution tax bills are required to originate in the House not the Senate, but I don't really buy the notion it was only a symbolic vote.



Here is my rational as to why the Republicans are really checkmated on this:



The vote to extend the Tax Cuts for Americans making $250,000 a year passed in the Senate, while the vote to extend all of the Bush Tax Cuts, including for the Rich, failed.



Therefore.



If the House Republicans were to send a Bill extending just the Middle Class tax cuts it would pass a Senate vote immediately. So by not sending such a bill to the Senate the House Republicans are raising taxes on the Middle Class. House Republicans own the Tax Increase.



However.



If the House Republicans bend to pressure and send the bill to extend the Middle Class tax cuts to the Senate, and Mitch McConnell decides to invoke the filibuster to block a re-vote on the extension ... then the Senate Republicans own the Middle Class tax increase, for the bill to extend the Middle Class Tax Cuts would pass without the obstruction.



So currently, anyway the Republicans move, besides passing the Middle Class Tax Cut extension in the House and Senate, they will own a Tax Increase on the American Middle Class.



As I said, checkmate.
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Sandy Weill, In Stunning Reversal, Tells CNBC It's Time To Break Up The Banks

Is it conscience, or something else?



I look at it like this, Weill, though retired, has a clearer view than most how bad things actually are. When the system was clicking there was no turning back, but there was always that file labeled "Worst Case Scenario" lying in some risk manager's desk.



Weill read it.



Weill recognizes the direction things are are heading and he sees a couple of disconcerting things I'm sure.



One, he recognizes that the global economy is fully integrated and issues arising in the EU, China, India, England, Brazil, Japan, etc will definitely have tremendous impact on the US as well. The tea leaves for Weill, as for others, likely read crash.



Second, Weill knows his industry got off lucky in 2008. The blow back was superficial, no meaningful regulations implemented, even a continuation of bonuses for guilty parties in the financial sector ... but if another crash hits, with impact worse that in 2008, Weill's industry may find itself in a regulatory Iron Maiden for decades, as was the case after the Great Depression.



Weill most definitely sees what's coming.
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'Fox And Friends' To Little Girls: Did The Government Help You Start Lemonade Stand? (VIDEO)

Gee, I'm surprised it is even legal to bring children into Fox "News" studios ... isn't there legal amount of distance minors have to be kept from such an operation?
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Mitt Romney's Foreign Policy Address Sidesteps Syria, Hits Obama On Leaks

With the signing of EO12333 in 1981, President Reagan outsourced clandestine services of the CIA to the Private Sector in order the circumvent the Church Committee's prohibitions on the CIA's activities as revealed in the CIA's "Family Jewels" reports. Ostensibly, EO12333 was advertised as reining in the CIA's more controversial activities, but the Contracting Clause loophole allowed the CIA to retain off book, third party contractors to provide goods and services that the Agency wasn't required to officially account for, creating plausible deniability for the Agency if any untoward actions were to come to light,



So what has this to do with White House leaks?



Since EO12333 was put into effect 70% of CIA clandestine services has been outsourced to the Private Sector, meaning that leaks, even involving POTUS, could easily come from anywhere in the US Intelligence Apparatus depending on the political agenda of the leaker or the contractor he/she works for.



In other words, not even the White House can be completely sure where intelligence leaks are coming from anymore.
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Mike Huckabee Calls For National 'Chick-Fil-A Appreciation Day'

As a counter-event, I'd say we should declare August 1st "Colonel Sanders Day", and all who are mortified by Chick-Fil-A's ant-Gay position send KFC's sales through the roof that day as a message against bigotry.



(Two can play this game.)
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Pennsylvania Voter ID Law Trial Set To Begin As State Concedes It Has No Proof Of In-Person Voter Fraud

Seems to me, if an organization, say ALEC, is engaging in a voter suppression via bogus Voter ID laws being pushed though Republican Legislatures, that we have left the arena of mere policy and entered the realm of Criminal Conspiracy. If all of these voter suppression moves lead back to ALEC, or another Right Wing Legislative Organization then the Justice Department should be on that organization like white on rice.
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Barack Obama And Guns: How A Vocal Advocate Went Quiet

Every gun owner knows that the Democrats are as much about protecting gun rights as Republicans are. No gun legislation has moved since the Assault Weapons Ban in the 90's, and nothing will. The Democrats have surrendered to the gun lobby



Nothing changes. Your guns are safe.
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Bill Kristol: Democrats Being 'Foolish' Not Pushing Tougher Gun Laws (VIDEO)

Republicans need Democrats to attack gun rights in order to fire up the Republican base in November. That is all Bloomberg and Kristol's rhetoric amounts to.



The Republicans currently control the House of Representatives, and through the abuse of the filibuster, the Senate. The ball, in terms of gun control, is in the Republicans court.



My guess is Republicans allow innocent Americans to continue to die because of guns.
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Austerity's Big Winners Prove To Be Wall Street And The Wealthy

The definition of insanity was re-framed with the recent revelation that the rich have 38 trillion dollars stashed in offshore accounts. I got news for anyone who views this as an achievement ... you're still going to die anyway. No matter if you are a success or a failure. Nature isn't impressed, and nature calls the shots. These "Masters of the Universe" can cause all sorts of mayhem for others, it is true, but the beautiful thing is that nobody wins the game of life no matter what they are capable of hoarding or misappropriating. At the end, the joke is on each of us when we thing we are something special.



Point being? You might as well be nice, fair, and generous, for there is truly no game to be won.
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Ken Burns Brings Meryl Streep And Paul Giamatti To Roosevelt Documentary

I'm definitely looking forward to this. Hopefully not a shock to anyone, but Eleanor Roosevelt was FDR's cousin ... and TR's niece.



Frankly, everyone should watch this. This documentary is very good news.
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Dianne Feinstein On Guns: 2012 Election Year Not Ideal For Debate

In terms of guns, Senator Feinstein has a unique perspective compared to all but a few members of Congress, for she discovered the bodies of Mayor George Moscone, and Supervisor Harvey Milk after Dan White assassinated them. When speaking in terms of guns, Feinstein isn't waxing on hypotheticals.
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Michael Bloomberg Criticizes Obama, Romney On Gun Control After Colorado Shooting (VIDEO)

It's time to pull the mask off the NRA as well. The NRA uses emotional pleas of threats to the 2nd Amendment to gin up its membership and frighten politicians in both political parties. The NRA works tirelessly to eliminate restrictions on guns across the nation, under the theme of protecting gun rights from government encroachment.



The only reason the NRA is so adamant about the free flow of guns is because the NRA fronts for US Gun Manufacturers who want to maximize sales like any business does. That's it.



Why is it impossible for the ATF to derail the laundering of guns through gun shops in Arizona to the Mexican Drug Cartels? Because Gun Manufactures are using that as a revenue stream. That is the purpose of the NRA, to keep the revenue stream of US Gun Manufacturers unimpeded, under the guise of protecting the 2nd Amendment.



Every time the NRA screams "THEY'RE COMING TO TAKE YOUR GUNS AWAY!!!!!" What happens? What happens? Sales in guns and ammo spike. It is easy to see the correlation.



It is easy to see that the NRA fronts for the US Gum Manufacturers the same way AHIP fronts for the private health insurance industry. The NRA is nothing but a trade association for US Gun Manufacturers with general public membership offered. The NRA is a scam.
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Batman Shooting: Names Of Victims Emerge In Aurora, Colo. Century 16 Theater Rampage (PHOTOS, VIDEO)

I think the gun nuts need to get over the idea that somehow someone armed in that theater would have been able to take down the assailant . In addition to the weapons this psycho had he was able secure body armor. You would have needed a trained sniper to take this guy down.



It would be in bad taste to post the link here, but I would advise people who think an average citizen would be able to address an extreme situation like this to look up the YouTube video of the Bank Heist in LA in 1997, where two heavily armed gunman in body armor, with assault weapons were able to hold 400 police officers at bay until they were finally taken down. This type of assault is not easily dealt with.



People need to come to terms with reality that the only thing that protects us from more horrendous events like this is that more psychos haven't snapped like this one and taken a similar path. Currently, there is absolutely nothing preventing a massacre like this taking place everyday in the United States. Nothing.
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Matt Taibbi: 'I Can't Imagine How A Sane Person Could Possibly Describe This As A Victimless Crime'

Taibbi is right on the mark again.



I would add, in light of the LIBOR tampering, I that we can put to rest the notion that Banks are sitting on money because of uncertainly about the regulatory environment. More likely, with the revelation that LIBOR had been tampered with, in part, to make sick Banks look healthier than the actually are ... the Banks are sitting on the money because of solvency issues, not because they are afraid the Government is going to hit them with new regulations.



Of course, if the regulations Banks are concerned about are the ones that would end their fraud and force their insolvency out of the shadows, well then, I can see their point.
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James Holmes Identified As Alleged Aurora, Colorado Theater Shooter That Left 12 Dead (PHOTOS, LIVEBLOG)

What we miss in all this gun mess we suffer with in the United States is that guns are a Consumer Product, like an IPod or a a pair of Nike Shoes. This is what we miss in the fight over Second Amendment rights, the Second Amendment is just a ploy. The US Gun Manufacturers Trade Organization ... the NRA ... uses the Second Amendment the same way a car company uses attractive women to sell its product.



The Product the US Gun Manufacturers are selling are guns and ammunition.



We need to see this gun rights nonsense for what it truly is and recognize the marketing strategy the US Gun Manufacturers employ through their trade organization ... the NRA.



The NRA's main job is to protect the Second Amendment by making it seem to be under threat, when it isn't. This constant reenforcing of the Second Amendment under threat causes gun enthusiasts to hoard guns and ammo, driving up sales. At the same time, the NRA works diligently to buy politicians and keep gun laws weak, allowing sales of guns and ammo to flourish.



It is time to confront the marketing strategy of the US Gun Manufacturers via the NRA, and inject some sanity into the gun ownership issue.



This madness must stop, for a nation where everyone needs a gun to feel safe isn't Free.
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Government Leaks: Leon Panetta Orders Pentagon Officials To Monitor Major Media Outlets

US Mass Media is a bigger threat than a disgruntled employee leaking classified data to the Internet? The Pentagon should save its resources.
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Louie Gohmert: Aurora Shootings Result Of 'Ongoing Attacks On Judeo-Christian Beliefs'

This incident has nothing to do with the belief in God or lack there of ... this has to do with the fact the we have allowed the Gun Lobby to weaponize American Society to the point it is no longer safe to go to College, High School, a Fast Food Restaurant, a Nightclub, a Wedding, a Midnight Movie, etc.



I don't recall "Thou Shalt Bear Arms" being anywhere in the Ten Commandments.
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James Holmes Identified As Alleged Aurora, Colorado Theater Shooter That Left 12 Dead (PHOTOS, LIVEBLOG)

I'm certain the American Gun Manufacturer's Trade Organization ... the NRA ... will come out and say if only everyone in that theater would have purchased 5 or 6 guns, a few thousand rounds of ammunition, and had been packing last night in the Movie Theater this event would have never occurred.
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John Boehner, Nancy Pelosi Agree Lawmakers Shouldn't Have To Release Their Tax Returns

You know what, I expect transparency from my employees. If elected officials feel it is their right to obfuscate in terms of their finances, especially when they are working in a profession where graft, corruption and quid pro quo arrangements aren't unheard of ... I'd say they should step down and find another line of work, whatever the party.



When voters send politicians to Washington to serve, these politicians need to be constantly reminded that their office isn't an entitlement, and that their constituents ...aka EMPLOYERS ... aren't honoring them with the position so they can get rich and sell The People out.



I know that's not how it currently works, but that is the voters fault for not keeping their representatives on a tight leash.
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Ann Romney: 'We've Given All You People Need To Know' About Family Finances

"We the People" are deciding whether or not your husband gets hired for the job of President of the United States of America. Since you corporate types think in facile terms, I'll put it this way ... "We the People", not "You People" are the hiring manager in this situation. If your husband, Mitt, the job candidate, is unhappy with the interview process he can get out of the chair, and walkout the door ... we have another candidate in the position of President now, doing a difficult job quite well, and we can just stick with him.
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Obama Approval Rating Dragged Down By Economy, New Poll Shows

The Republicans put the United States into a Depression in 2008, and President Obama should have hammered that fact home from the day he was inaugurated. President Obama surrounded himself with financial advisers up to their neck in responsibility for the economic crash, who were more interested in protecting themselves and their culpable friends in the Financial Sector than addressing the needs of the crisis as were called for.



President Obama should never taken ownership for this Republican Depression, that was a Pollyanna move on his part and I knew it would come to bite him later.



So here we are.
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Mason Blaise Autenrieth: 'Curly Sue' Actress Alisan Porter Welcomes A Baby Boy

One of the most classic movie theater bills I have ever seen on a marquee was back in the early 90s at the now defunct grand lady ... The Alexandria Theater ... in San Francisco.



There were three theaters, playing three films then.



"Curly Sue","The Hitman","Whore".
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Bank Contractors Break Into Occupied Homes, Terrify Residents, Lawsuits Say

The Castle Law is still in effect, no?
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The Senate Needs a Facilitator (and I Have an Idea Who)

Well Greta, since Clinton owes his career to the Koch Brothers through his ascendency in the Democratic Leadership Council, I can see why his name is being forwarded as a reasonable prospect for Senate facilitator. I think Clinton (and the DLC) has done enough damage to the United States of America, however.
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Rick Perry Says Eric Holder 'Poll Tax' Comments Aimed To 'Incite Racial Tension,' Asks For Obama Apology

If the Republicans would quit trying to hamper people's right to vote then they wouldn't be in this mess. The Republicans need to apologize for trying to disenfranchise voters in their states.



The Republicans are just mad they got caught.
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Cheney, Mayors Worried Over Looming Defense Budget Cuts

The Defense Budget is Pork ... that's it. Outside of Grenada we haven't won a war since WWII, but we have wasted a ton of taxpayer money on pointless military adventurism. We could cut the Defense Budget by 80% and get the same results ... but the elected officials wouldn't get fat and sassy shoveling Defense Contract drippings into their gaping maws.
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John Boehner: Obama Doesn't Care About The Middle Class

Speaker Boehner has it in his power to extend Middle Class Tax Cuts right now. He's not doing it. Mitch McConnell has the power to extend the Middle Class Tax Cuts right now. He's not doing it.



For Speaker Boehner and Mitch McConnell talk on the Middle Class is cheap. They can take one step, right now, that will help the Middle Class ... extending the Tax Cuts ... and they refuse to do it.



If Speaker Boehner and Mitch McConnell sent an extension of Middle Class Tax Cuts to the President right now, he would sign it.



So, Speaker Boehner and Mitch McConnell should avoid invoking their "love" of the Middle Class when they have no intention of acting in a concrete way to express that "love".
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David Gergen, CNN Analyst, Reveals Extent Of Bain Capital Ties While 'Reporting' On Firm

The Producers at CNN lack commonsense allowing Gergen to participate on this story. Once it was understood Gergen had a relationship with Bain he should have been reassigned. This only makes CNN look bad.
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Anderson Cooper Debunks Michele Bachmann Claims Of 'Muslim Extremist' Infiltration Of US Government (VIDEO)

Michele Bachmann is an embarrassment to the Congress. I'm sure the voters of her district could find something more qualified to serve in her seat rotting at the bottom of an antique butter churn in someone's barn.
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Joe Arpaio Birther Probe Reveals Findings On Obama's 'Fraudulent' Birth Certificate (VIDEO)

This circus act is getting stale.



I have yet to see anyone produce the visa that President Obama's mother would have had to have to enter Kenya to give birth. No visa, no Obama's mother in Kenya. No Obama's mother in Kenya at the time Obama was born and the crazy old, Right Wing Sheriff is just wasting the entire nation's time with these Paranoid Right Wing Delusions.



The issue I raised above is so incredibly simple that even a Arizona Sheriff, from the middle of nowhere, should be able to figure it out.



(Oh, and in 1961 the visa would have been issued by the British since at that time we are talking the Colony and Protectorate of Kenya, since Kenya didn't get its independence until December 12, 1963, and President Obama was born in Hawaii in August, 1961.)
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Why Obama and Romney Are Going Mano-a-Mano

The goal is to win.
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PIMCO's Bill Gross: U.S. 'Approaching Recession'

Wall Street has been playing us since the crash of 2008. The United States has been in an undeclared Depression since then. The factors required to declare a Depression have been so tampered with that it is impossible to construct a valid scenario in which a Depression would be declared, and that is by design.



The United States is not moving into Recession, it has never exited the Depression it entered in 2008.



The "New Economic Normal" involves disregarding the truth.
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John Sununu: 'I Wish This President Would Learn How To Be An American'

President Obama was born in the United States of America while John Sununu was born in Havana, Cuba to parents from all over the place:



"Sununu was born in Havana, Cuba, the son of Victoria (née Dada) and John Saleh Sununu, an international film distributor.[1] He is of Palestinian Christian and Greek descent [2]. His father grew up in Jerusalem and his mother was born in San Salvador, El Salvador.[2][3] He is a Maronite Catholic."



http://en.wikipedia.org/wiki/John_H._Sununu



Maybe it is Sununu who is confused about what being an American is. You can, indeed, live to be 73 without ever understanding your adopted country, as Sununu proves.
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Mitt Romney-Helmed Olympics Outsourced Uniforms To Burma

See, Romney likes things he can hide abroad ... Money, Slaves, Wives ...
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Megyn Kelly: Barack Obama And Mitt Romney 'Lie! They Lie!' (VIDEO)

I think the Republicans have determined that their candidate is a dud. Here Kelly is making a direct negative comparison between President Obama and Governor Romney ... you NEVER do that even, if it is true, when you are behind your candidate. It doesn't matter what infraction your candidate committed you never compare them to the opponent. Never.



It is obvious that the unreleased tax returns of Romney's will damage him, otherwise they would have already been released ... and that Conservatives are now calling for their release it is obvious that they want Mitt damaged so there is an argument, come the Republican Convention in Tampa, to switch Mitt out.



The Republicans are brushing up their Shakespeare, and have cast Romney in the title role of Republican Presidential Nomination version of "Julius Caesar." Let's wait an see what happens when the curtain goes up.
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Rush Limbaugh: Obama 'Hates' America (AUDIO)

Yeah, yeah, yeah ... this guy is stuck in a loop. Nothing new here. Same old nonsense. Rush saying the President hates America isn't even news anymore.
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LIBOR Investigation: Justice Department Building Criminal Cases Against Barclays, Others

I thought Warren Buffet's comments recently were quite interesting on how the civil lawsuits attending this fraud would be asymmetric, in that those who were on the losing side of LIBOR tampering in a certain transaction were likely to sue, but those who were on the winning side would keep quiet about it. The thing is, this fraud has been going on for a long time, so it is likely that all institutional participants were winners and losers at one time or another, depending on the transaction in question.



On the other hand, the public, who was completely in the dark with this fraud, was consistently the loser with interest rates, will they be made whole? That would be extremely expensive for someone.
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