Ramona's picture

    Medicare and Obamacare: Same Old Story

    Note:  Thanks to Alan Colmes, I am now a regular contributor on his website, Liberaland.  He posted this piece this morning, so if you're interested in reading the complete piece it continues over there.  Thanks.

    In the next town over from us the recycling station is in a huge semi-trailer.  You have to climb six narrow metal steps to get up into it, but there is an aisle you can walk down and there are huge open boxes in which to throw your stuff. 

    Michael Maiello's picture

    A New, Democratic Bull Market For Treasuries?

    A big fear among investors and people running actual businesses in the U.S. is that at some point, interest rates must rise from historic lows.  This must happen, in part, because nothing lasts forever.  But behind that truism, there is a lot that could cause rates to rise.

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    Ramona's picture

    The Threat of Obama's Worst Enemies

     

    Leaving aside the usual suspects--the terrorist factions round the world, the seething Middle East mountain and desert folk--who are President Obama's worst enemies? The Republicans who saw it as their mission to keep him from winning a second term but failed? Those 30 members of the House and the Tea Party now holding the country hostage over an already approved health care plan nicknamed after this president? The Religious Righteous? The far Left disillusioned? The whites-only-as-long-as-they're-not-women crowd?

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    Doctor Cleveland's picture

    A Plague on False Centrists

    “A plague on both houses!” I've seen that line from Romeo and Juliet quoted repeatedly for the last two weeks,  as pundits and bloggers devoted to “balance” argue that the Democrats and Republicans share the blame for the current budget shutdown and the looming threat of default. The line itself is a cliche, but quoting Shakespeare makes you sound learned, and that is too often the major aim of both-sides-do-it journalism: making the journalist seem wise and above the inconvenient facts of the fray.

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    Michael Wolraich's picture

    Kamikaze Logic and the Republican Insurgency

    The Republican effort to defund “Obamacare” is like playing chicken with a wall. The Senate Democrats will never vote against health care legislation they spent decades to pass. The voters will punish Republican legislators if they shut down the government or default on the debt. Whether the Republicans crash or swerve, this game has no positive outcome for them.

    So why are they doing it?

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    Doctor Cleveland's picture

    The Tragedy of the Will

    Twenty years ago, while I was talking politics with my friend Mike, he said that Reagan's great achievement was what he called "the Nietzschification of the Right." I didn't grasp what he meant at first, since I typically encountered Nietzsche quoted by leftist literary critics. Mike's point was that Reagan had transformed American conservatism from a stodgy, rationalist enterprise into an emotional, charismatic movement like the New Left of the 1960s. Main Street conservatism gave way to Movement Conservatism, founded upon passionate emotion and conviction.

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    Michael Maiello's picture

    So, We Default?

    There are two kinds of borrowers who default on their debts.  One type defaults because they cannot pay.  It is typical to say that they have over borrowed but it is easily as likely that some sort of catastrophe has destroyed the borrower's earnings power, perhaps permanently.  Then there are defaults of choice.  A borrower decides not to pay, even if they have the means.  Perhaps they feel that they were swindled by the lender and that the debt is thus invalid.  Or, maybe they just don't want to pay.

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    Ramona's picture

    Charlie Pierce's Brilliant Take on The Electeds out to Destroy our Government. We Did This. (Well, not ME)

     

    Have you read this?  Charles Pierce is a genius at grabbing the god-awful truth and shining bright lights on it.  His latest Esquire piece, "The Reign of Morons is Here", is pure Charlie--raging, brilliant, and, of course, spot on: 

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    Michael Maiello's picture

    Papal Utterances

    Posts like these generally start with a pronouncement of lapsed Catholicism on the part of the author.  I can be very atheisty.  I do not study the church.  I do not consider its views when I make any of my own decisions, be they moral, social, financial or dietary.  This means that I have something of a tin ear for the nuance of the papal utternance.

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    Ramona's picture

    Republicans Vote to Keep Folks Hungry and Sick and Their Base Loves It. The Rest of Civilization is Appalled.

     

    Yesterday the Republicans in the House voted to slash 40 billion dollars in annual food stamp (SNAP) coverage over 10 years, putting some 3.8 million poor people in jeopardy of losing their pitiful but essential pennies-a-day government food support.  (There are some 47 million people at the poverty level here in the United States.  A shameful fact that should point out the absolute need to keep the SNAP program alive rather th

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    Doctor Cleveland's picture

    Larry Summers Is Not the Main Problem

    I'm as pleased as anyone that Larry Summers has withdrawn from consideration as the next Chair of the Fed. I thought he would do a terrible job. But Summers himself was never the real problem. His candidacy was only a symptom. The real problem is that we have a President who wanted to nominate Summers in the first place. Obama does not understand what's wrong with the American economy, and five years into his term, he persists in some basic misunderstandings.

    Ramona's picture

    Julian Assange Lost Big Time. Look Out, Australia!

     
    WHEN asked to explain why he was running for a seat in the Australian Senate while holed up in the Ecuadorean Embassy in London, Julian Assange quoted Plato: “One of the penalties for refusing to participate in politics is that you end up being governed by your inferiors.” 
     
    Plato was “a bit of a fascist,” he said, but had a point.
     
    Imagine the chagrin Mr. Assange must feel now, given that not only did he fail to win a place in the Senate in the recent election, but he was less successful than Ricky Muir from the Motoring Enthusiasts Party. Mr. Muir, who won just 0.5 percent of the vote, is most famous for having posted a video on YouTube of himself having a kangaroo feces fight with friends. 
     
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    Michael Maiello's picture

    Bloomberg, Syria and the Wisdom Of People

    On another blog I got into a bit of a dust-up on Syria.  While not really advocating for anything, I asked the writer, some one recommended high by Princeton foreign affairs pundit Anne Marie Slaughter on Twitter, why he wasn't giving much weight to the idea the fact that American voters from both parties were mildly to intensely against military intervention in Syria.  I laid out the usual concessions to the nature of a Democratic Republic and the problems inherent in foreign policy by opinion poll but still, I insisted (and insist) the public appetite for something like this should carry

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    Doctor Cleveland's picture

    Why Obama Won't Make College Cheaper

    Education reform in America is always an attempt to get something for free. It has been that way for at least twenty-five years. No matter what the scheme of the hour is (charter schools, Teach for America, No Child Left Behind, Race to the Top) or whether you're talking about K-12 or college, every reformer makes one of two promises. Either they promise to make education better without spending any more money, or they promise to make education better while spending less money. Education reformers basically say, "Four dollars is too much to pay for a hamburger.

    Ramona's picture

    9/11/2001. It Will Be With Us Forever.

    Today marks the 12th anniversary of the terrorist attacks on the twin towers of the World Trade Center in New York City.

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    Michael Maiello's picture

    Congress: What Is Good For?

    Those of you who know me know that I torture myself with The New York Times Op-Ed page, allowing many of my first post gym hours to be consumed by perplexed rage at the chosen few who have access to the most coveted op-ed space in all the land. 

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    Michael Maiello's picture

    Can Everybody Be Right?

    Whatever is ultimately decided regarding Syria, I think that we have finally found an issue where both sides, in the main, have very reasonable and persuasive arguments.

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    Ramona's picture

    Three Years ago Julian Assange Lost his Luggage. He Just Now Noticed?

    It was a long weekend and I was devilishly busy and exhausted to the point of just plain weary, so you'll have to forgive me if I didn't get this right:
     
    I read today that on September 27, 2010--almost three years ago--Julian Assange of Wikileaks fame checked a bag at an airport in Sweden containing three laptops filled with Wikileaks stuff, including some top secret "war crimes" information that, if it hadn't been stolen by some shady government dudes, would have knocked our socks off with revelations of dirty deeds so devastating, if they had ever, ever been revealed, the world as we know it might just stop spinning.  Or heads would roll.  Or Assange would be hailed as the hero he fancied he already was.  Whatever.  Something BIG would happen if ever those revelations saw the light of day.  So, of course, they were stolen by one or more shadowy government dudes who were not about to let that happen.
    Michael Maiello's picture

    What Is The Norm on WMD?

    The best argument for intervening in Syria is that the U.S. would enforce a normal surrounding the use of Weapons of Mass Destruction that, whatever the short run costs, would benefit the world in the long run.  We would seek to create a world where, I don't care if the rebels are at your door, you're not allowed to infect their home village with a disease or unleash the mustard gas.

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    Ramona's picture

    Labor in America: Those were the Days - (A Repeat)

    Note:  Labor Day weekend is here once again, and let's enjoy it while we can.  I have a feeling, if things keep going this way, anything that smacks of celebrating labor in this country will disappear. 
     
    I guess you've heard that Michigan, my Michigan has become a Right-to-Work state?  Who would have dreamed it would ever happen to Michigan?  Are businesses flocking to our border now, wanting to take advantage of cheap, unprotected labor?  Do I even have to answer that?  (I'm throwing this in because I'm still so mad about the whole damned thing.  I may throw it in many more times in future posts. Because I'll never stop being mad about the whole damned thing.)

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