What Have You Done Lately?

If President Obama were both white and a Republican, he’d be on Mount Rushmore by now and we’d be calling him Barack the Great. He has made mistakes, certainly, and has his flaws, but the man has accomplished a tremendous amount of good in four years, and in the face of unprecidented opposition due to his race — which is a major disgrace for this sinking ship we call a nation. How deep does your level of hatred have to be to wish for your nation to fail, and attempt to cause that failure, because the president is black? Pretty deep, I’d say. Such an utter disgrace. Sadly, I find myself more and more alienated from the conservatives in my life, as they continually spout outright lies, half-truths, and distortions they get from a network that makes Pravda look like the New York Times.

We can prevent our own destruction simply by acknowledging which party led us to ruin and adopting the best policies of social democracy. Our collapse can be averted if these steps are taken.

This graphic is courtesy of www.samuel-warde.com, a site I’ve only recently become exposed to. I suggest you take the time to view it.

Infographic: ObamaCare v. RomneyCare

Do3UG.jpg 1,363×4,597 pixels.

The Tyranny Of Obamacare – The Dish | By Andrew Sullivan – The Daily Beast

The Tyranny Of Obamacare – The Dish | By Andrew Sullivan – The Daily Beast.

Brett Cottrell: The Idaho GOP Wants Your Vote To Strip You Of It

The Idaho GOP wants to repeal the 17th Amendment and strip you of your democratic voice in the U.S. Senate.  This surprises me in two ways: 1) My experience as an intern at the Idaho Statehouse convinced me that its Republicans can’t count to 17 without an extra pair of hands, and 2) They’re actually telling people to vote for them in part because they’ll take away their vote!

via Brett Cottrell: The Idaho GOP Wants Your Vote To Strip You Of It.

Republicans Confused About Government Spending – Business Insider

When I recently posted an analytical news story, “The Claim that Barack Obama Is a Big Spender Is a Big Lie,” numerous conservatives countered by citing commentaries from conservative News sources, such as Eric Bolling of Fox News, and an editorial in Investor’s Business Daily.

Those commentaries featured headlines designed to attract conservatives, such as “Stop the Madness – the Truth about Obama and Our National Debt,” and “CBO Refutes Obama’s Slippery Spending Claims.” All of these commentaries equated deficits with spending, implying that the two are the same.

However, deficits and spending are very different from each other, and this will be seen with particular clarity if you will click on the well-documented Wikipedia article “History of the United States Public Debt,” at the end of which is an informative one-page table titled “Federal spending, federal debt, and GDP.” This table is the clearest summary of the U.S. fiscal situation for each year from 1977 to the latest that I have seen anywhere.

If you will look there at the latest reported year, 2010, you will see that the “Adjusted” “Federal Spending” declined 2.4% in that latest year, but that the “Federal Debt” soared by 12.5% in that year, which rise was unprecedented except for Ronald Reagan’s 15% in 1983, 12.3% in 1985, and 13.9% in 1986. By contrast, for example, the Federal Debt declined in Bill Clinton’s last year, 2000, when federal spending actually went up by 2.5%. (The largest annual increase in spending, incidentally, was Ronald Reagan’s 1985 figure, 7.4%.)

via Republicans Confused About Government Spending – Business Insider.

Mitt Romney and the New Gilded Age | The Nation

The election of 2012 raises two perplexing questions. The first is how the GOP could put up someone for president who so brazenly epitomizes the excesses of casino capitalism that have nearly destroyed the economy and overwhelmed our democracy. The second is why the Democrats have failed to point this out.

The White House has criticized Mitt Romney for his years at the helm of Bain Capital, pointing to a deal that led to the bankruptcy of GS Technologies, a Bain investment in Kansas City that went belly up in 2001 at the cost of 750 jobs. But the White House hasn’t connected Romney’s Bain to the larger scourge of casino capitalism. Not surprisingly, its criticism has quickly degenerated into a “he said, she said” feud over what proportion of the companies that Bain bought and loaded up with debt subsequently went broke (it’s about 20 percent), and how many people lost their jobs relative to how many jobs were added because of Bain’s financial maneuvers (that depends on when you start and stop the clock). And it has invited a Republican countercharge that the administration gambled away taxpayer money on its own bad bet, the Solyndra solar panel company.

But the real issue here isn’t Bain’s betting record. It’s that Romney’s Bain is part of the same system as Jamie Dimon’s JPMorgan Chase, Jon Corzine’s MF Global and Lloyd Blankfein’s Goldman Sachs—a system that has turned much of the economy into a betting parlor that nearly imploded in 2008, destroying millions of jobs and devastating household incomes. The winners in this system are top Wall Street executives and traders, private-equity managers and hedge-fund moguls, 
and the losers are most of the rest of us. The system is largely responsible for the greatest concentration of the nation’s income and wealth at the very top since the Gilded Age of the nineteenth century, with the richest 400 Americans owning as much as the bottom 150 million put together. And these multimillionaires and billionaires are now actively buying the 2012 election—and with it, American democracy.

via Mitt Romney and the New Gilded Age | The Nation.

Jon Stewart mocks reactions to the health care ruling | The Raw Story

Jon Stewart mocks reactions to the health care ruling | The Raw Story.