This is a brilliant, easy to understand tutorial that all who 'can't get it', need to read.

The national debate over private equity so far has hinged on the question of whether experience in the field qualifies Mitt Romney, the former Bain Capital executive, for the presidency. But a more vexing, and largely unanswered, question lies just beneath the surface: How is it, exactly, that an investment company can make millions even as the company it's ostensibly trying to turn around goes bust?

By: Hrafnkell HaraldssonMay 24, 2012

Here's just 'a bite of the satanic satire apple'....click on link for core and all.

Mitt Romney isn’t very far into the vice presidential selection process. But according to a dedicated band of conspiracy theorists, the pick is all but a lock: Sen. Marco Rubio.

But his reform did little to stop the age-old New Jersey practice of double-dipping, in which employees "retire," start collecting a pension, and then are rehired, often the next day. Christie's own deputy chief of staff collects $219,000 a year from the state — a $130,000 salary as a top aide to the governor plus $89,000 in state pension.

Worse for Christie, a criminal investigation is under way involving his running mate, New Jersey Lt. Gov. Kim Guadagno.

Another example of GOP's 'caring about the needs of those in need'......

Food stamps moved front-and-center in the budget wars Monday morning, as House Republicans began rolling out a first wave of $33.2 billion in 10-year savings that will have an immediate impact in the farm bill debate and come November, the 2012 elections.

Sen. Chuck Grassley (R-Iowa) expressed his disapproval of the president's recent comments about the Supreme Court, apparently referring to Obama as "stupid" on Twitter.

@ChuckGrassley
ChuckGrassley

POLITICO:

The whole report is well worth the read.  The Repubs are in full WTF mode and Cantor has done himself some damage here.  It does seem like a major gaffe, to say the least.  Interesting, very interesting........

By Pete Williams, NBC News chief justice correspondent

Siding with security needs over privacy rights, the Supreme Court ruled Monday that jailers may subject people arrested for minor offenses to invasive strip searches.

From AP posted on POLITICO:

Advertisers and some radio stations may have abandoned Rush Limbaugh for calling a Georgetown law student a “slut.” But the CEO of the radio company that distributes Limbaugh’s show, Clear Channel, says he’s sticking with the conservative talk show host, calling him the “king” of radio.

Bob Pittman told The Associated Press in an interview Tuesday that the outrage over Limbaugh’s comments last month was “part of the normal day-to-day of talk radio.”

Juan Williams delivers one of the most concise and on point 'short essays' I've read about 'ObamaCare' complete with what hasn't worked well.......

Just in time for the two-year anniversary of the passage of the Patient Protection and Affordable Care Act, the Supreme Court will hear oral arguments on the law’s constitutionality this week.......

In my world of people and politics there are two relevant issues. First, does the law provide better medical care for Americans? And is it reducing the cost of healthcare?

Now here's some facts and information that hopefully some will research and post a blog (or two, three, four....)

WASHINGTON — One accusation long directed at Congress is that lawmakers come to this capital city not just to serve the American people but also to enrich themselves and their families.       

And now it begins.......

The Washington Post is complicit in touting flawed report:

This could provide some viable counterattack to citizen united and PACs.  The full report via link has lots of facts and is very interesting.  This could have big ramifications for some of these PACs and their donors.  

TPM:

Before you can join the Laurens County Republican Party in South Carolina and get on the primary ballot, they ask that you pledge that you’ve never ever had pre-marital sex — and that you will never ever look at porn again.

Last Tuesday, the LCGOP unanimously adopted a resolution that would ask all candidates who want to get on the primary ballot to sign a pledge with 28 principles, because the party “does not want to associate with candidates who do not act and speak in a manner that is consistent with the SC Republican Party Platform.”

Private equity or hedge fund moguls make up more than half of the top donors to Restore Our Future -- the PAC created by former Romney aides to supplement his official campaign with unlimited contributions. Six of them have given $1 million or more each......