The Big Scam and the Real Boss

The Big Scam

Last week, Politico made a big splash when they unearthed a memo that shed light on The Tea Party Express. While it offered no proof that the Tea Party movement itself was manufactured, it did offer definitive proof that the “Express” was the brainchild of a GOP operative who understandably expected the full cooperation of Fox News (the media arm of the Republican Party) in promoting the Express.

So I sat back and thought about this revelation and about my original suspicions that the Tea Party was hardly a true grassroots movement. Then I had an epiphany. Why should this surprise me? Americans are, by and large, intellectually and physically lazy. Unless someone works them up into a lather, most Americans don’t have time to give a damn. They’re just trying to make it day-to-day. Guess what? Not a conservative phenomenon.

Without David Plouffe, there would be no Barack Obama. Liberals didn’t get some grassroots word of mouth enthusiasm over Barack Obama. They were organized. This ability of the Obama campaign (Obama for America (OFA)) to get people out to the caucuses is well documented in the Heileman/Halperin book “Game Change: Obama and the Clintons, McCain and Palin, and the Race of a Lifetime“. It took Hillary Clinton completely by surprise. By the time OFA was finished, Obama was an inspiration to millions of voters. It swept him into the White House. It was portrayed as grassroots but it was no more grassroots than the Tea Parties. Further proof can be found in how liberal support fizzled when OFA transformed into Organizing for America without Plouffe and as a subsidiary of the DNC. This was spelled out beautifully in Tim Dickinson’s article, “No, We Can’t” in Rolling Stone.

So the big scam is not that the Tea Party Express was manufactured by the GOP. The big scam is that we believe in grassroots efforts in this country where most folks read The National Enquirer and watch Jerry Springer. It’s okay to join a group and demand change. Don’t get me wrong. But let’s get real and admit we’re all being led by the nose by more powerful, better connected players.

The Real Boss

We all get caught up in the daily score keeping of politics. Is Obama the boss? Is Sarah Palin the big influence? Is Jesus Christ or Allah really running everything? Then once in a great while we are reminded who will have the last laugh. It will be, for lack of a better moniker, Mother Earth. The Earth is the ultimate bad “mother-shut-yo-mouth”. Just look over at Iceland. A glacier on fire. Who the hell ever imagined that? But Earth can serve up seemingly contradictory phenomena like this unmercifully. Who needs the mushroom cloud? Have you seen some of the pictures coming out of Iceland with the ginormous plume of ash rising out of the Eyjafjallajökull volcano? Air traffic hasn’t been this disrupted since 9/11. The terrorist this time is Mother Earth.

[picapp align=”left” wrap=”false” link=”term=iceland+volcano&iid=8576957″ src=”9/e/f/9/Lava_spews_from_5fbe.jpg?adImageId=12572596&imageId=8576957″ width=”234″ height=”156″ /]

This is just one of the many pictures coming out of Iceland. Many more can be found here. As little men threaten to annihilate each other with atomic, chemical and biological weapons, we lose sight of the fact that we are but an ant on the ass of the huge Earth. Earthquakes, tornadoes, hurricanes, tsunamis and volcanoes prove time and time again that we are not in charge. We are not in control. She can cast us off with no warning and no remorse. And the only one badder than Mother Earth is the Universe in which she resides. A large meteor collision can wipe her clean of all signs of life. Eventually, when the Sun burns out as all stars do, Mother Earth will be no more.

So, as we continue to debate politics and religion and morality let’s not forget that a force much bigger than any political party or country will have the last laugh.

Respectfully,
Rutherford

WordPress.com Political Blogger Alliance

Advertisements

85 thoughts on “The Big Scam and the Real Boss

  1. So, as we continue to debate politics and religion and morality let’s not forget that a force much bigger than any political party or country will have the last laugh.

    So true…this very thought crossed my mind this week as thousands of flights were grounded because of ash and smoke, and I almost mentioned it. When the earth moves, or the earth shakes, or the earth decides to cast forth from the crust, or even if it just decides to blow some, just how really small we are. Global warming my ass – we couldn’t control it if we put every resource we had into trying to change it. We might as well grab buckets to empty the ocean.

    Pity you can’t recognize the force behind the force, because it really is so obvious. You better stick with People Magazine.

  2. I bet Louisiana Governor Bobby Jindal wished he had looked into volcano monitoring a little more.

    Still think volcano monitoring is something to be mocked, there, Bobby?

    The airline industry just lost a trillion dollars and counting over one.

  3. $140MM for volcano monitoring was stupid…incredibly stupid, as are 90% of the items listed in the public slush fund. There’s never been a bigger waste of public resources than this horrific piece of crap.

    When we have a volcano rock Florida, a volcano erupt in Kansas or New York, we can negotiate scarce resources. Until then, I think we feel pretty confident we can monitor the northwest and Hawaii for far, far less. Besides, this volcano in Island with the unpronounceable didn’t take anyone by surprise. And now that it has blown, what are you going to do about it?

    That kind of money could rebuild 20 bridges, pave hundreds of miles of interstate, finance health care for 10,000 people without it, pay for thousands of college educations.

    Do you ever give consideration to anything like that Curator?

    I think that is what irritates me about you – your ignorance and hypocrisy. You’re simply not steeped enough to even consider the why and the how. Your comment yesterday about how everything you believe is based on reason, logic and science made me laugh at you. But I was trying to be cordial and said nothing.

    Nothing you believe is based on logic or reason – your core is based bias, perceived snub, and hostility as if you’re rooting for your sports team. We won’t even discuss your “science” because you know so little.

    And since you like to make things political in one-upmanship every time, I’ll play again. You shouldn’t make fun of anybody’s remarks Curator when you make statements of fact like this.

    (airline industry just lost a trillion dollars and counting over one)

    🙄

  4. I have to say that Jindals comment is as overplayed as it was under researched prior to its utterance.

    USGS has a FY11 budget of $1.1 Billion,volcano monitoring is a small part and is still best categorized as underfunded.
    This in my opinion reveals a basic truth. We The People will never have enough money to fund the government government wants or the one some people want.

  5. Puuuulease Tex,

    Just so you know Dingbat…the eruption was accurately predicted when the number of earthquakes on the mountain suddenly jumped to 40 to 50 per hour Sunday morning. So everybody had time to get off the mountain and get ready.

    Your tax dollars put to work by dedicated scientists at the U.S. Geological Survey who keep doing their jobs even when politicians decide to demean their work for a cheap sound bite.

    For the record I motion for the appeasement of the Volcano Gods by throwing Bobby Jindal into the nearest volcano crater. However, this may not work as ‘Bobby’ is not his real name. (He seems to be ashamed of his real name.)

    Piyush Jindal is not a Christian name and we have never seen his birth certificate. I wonder if he is an infidel, heathen, socialist, terrorist enemy of the state who hates America?

  6. I say, “Besides, this volcano in Island with the unpronounceable didn’t take anyone by surprise.”

    Curator adds, ” the eruption was accurately predicted when the number of earthquakes on the mountain suddenly jumped to 40 to 50 per hour Sunday morning. So everybody had time to get off the mountain and get ready.”

    =========================

    Here’s article from March 3, 2010 – six weeks before the eruption. Like I said dimwit. This took no one by surprise.

    http://volcanism.wordpress.com/2010/03/03/iceland-something-happening-under-eyjafjallajokull/

    I read your article and Jindal did not demean U.S. Geological Surveyor’s work – I am pointing out to you that your high and mighty gubmint can’t be all things when broke, and it is broke, and that an additional $140MM would be far better spent elsewhere. I’ll say it again, Jindal is right and you are out in space floating along.

    Now if you can convince me that we are more in imminent danger from a volcano than say MRSA, H1N1, a bridge collapsing, drought, hurricanes, tornadoes, Mexican drug lords, or even bad tuna, please make your case Curator.

    Until then, you need to step back and let smart people run the country. Right now, that ain’t happening.

    And I can assure you, Jindal’s educational credentials far exceed anything Obama make claim – including his open records. This from Wiki:

    Jindal was one of 50 students nationwide admitted to the elite PLME program at Brown University, guaranteeing him a place in medical school. His interest was in public policy. Moved by a sense of indebtedness to his father, who overcame abject poverty in his native India and wanted his eldest son to become a doctor, Jindal completed a second major in biology. He graduated in 1991 at the age of 20, with honors in both majors.

    Jindal was named a member of 1992 USA Today All-USA Academic Team. He was accepted by both Harvard Medical School and Yale Law School, but studied at New College, Oxford, as a Rhodes Scholar. He received an M.Litt. degree in political science with an emphasis in health policy from the University of Oxford in 1994 for his thesis “A needs-based approach to health care”.

    Yes, I’m afraid Curator has once again exposed his woeful ignorance about anything of importance.

    And it would appear you have a little bigotry to Indian-Americans there Curator. I thought you guys loved hyphenated Americans? Oh, I forget – only when they adopt your philosophy. My mistake…

  7. Getting back to the topic..

    The Tea Party people have condemned everything from Obama, Pelosi, Reid to the IRS and government in general, but you know the one sign I never see at these rallies?

    JP Morgan Chase made $12 BILLION in profit in 2009, as a direct result of our tax money!!

    Why not? It pisses me off. It should piss us all off. It kinda makes my head hurt trying to figure out exactly they want. And, what kind of country we’d end up with if they ever got their way.

    I don’t think it will ever dawn on these Tea Party folk that they are little more than the dancing monkeys at the end of the GOPher’s ‘organ-grinder’ chain? Much like the anti-war left always held at arms length by Democrats until they need them in front of the cameras.

  8. Curator, surely you’ve seen some elements of the Tea party that are against the the abuses of corporate America? If you honestly haven’t you’re just not looking hard enough. I would also add that en total the TPM finds common cause against Obamas policies.It is on the other points of the spectrum that you see the differing views. Outright racism and anti govt. on one end to say Ron Paul and Libertarian type stuff on the other. That is what I think gives the TPM its strength and will also ultimately cause it to expire secondary to disunity.

  9. I own J.P. Morgan. The fact their stock dropped 40% last year did piss me off Curator – since I knew the entire financial panic was overblown.

    As a shareholder, it makes me quite happy JP Morgan is incredibly profitable. Maybe they’ll hire somebody.

    And no, your comment didn’t fly over my head. 🙄

    In fact, my mocking of the obvious (that the volcano was belching smoke and ash long before she blew) actually flew over yours as you seem to be making the claim many lives were saved on account of U.S. geological survey. Now you apparently expect us to finance the services of the world.

    I doubt the locals waited until the Geophysicists and volcanologists told them it was now time to go. That is something dimwits like you practice, explaining why New Orleans was such a human disaster. Lambs waiting to be slaughtered. 😉

  10. You know Curator. I have a more serious question to ask than answering your generally baseless charges against only Republican officials.

    Why is it that you would pick JPM to slam when your real target ought to be Goldman Sachs?

    It wouldn’t happen to be because executives from Goldman are now at a much more visible level of government, or that Goldman Sachs contributed more to Barack Obama’s presidential campaign than any other company, would it?

    You seem to have an acute case of selective outrage.

  11. Alfie,

    Outrageous, but to be expected. But I couldn’t help but laugh at this: One educator, a librarian with a Master’s degree, described the cuts as “rediculous.” 😆

    There is a shred of good news. Here in Oklahoma, for the first time I can remember, public school teachers aren’t gaining their typical sympathies as they are threatened with pay freezes or termination. The public has had enough.

    This argument, “fer the children” that Hillary Rotten Clinton always invoked is now falling of deaf ears. Maybe people are finally waking up to hard facts that public education has for the most part become a rat infested hole.

    Thomas Sowell, a brilliant journalist, has had a lot to say over the years about the failures of teachers and the unions. While he has received scorn accompanied by death threats, he was apparently right in his assertions.

  12. As someone who lives 60 miles from an active volcano (Mt. St. Helens), and about 40 miles from its cousin, Mt. Rainier, I suggest that Curator continue to let the citizens of the State of Washington pay for the volcano warning systems and quit advocating for the Feds to continue spending what they do not have.

  13. JPM…Goldman….Citi Group…they are all out to screw the little guy.

    Goldman is in cahoots with the President Obama and Dem’s?!?!?!

    Let me see if I get your reasoning.

    1. Goldman Sachs donates to Democrats
    2. This gets Democrats elected, despite the Dem’s stated position in favor of financial regulation
    3. The Democratic-led SEC investigates Goldman Sachs
    4. Rush Limbaugh thinks this is exactly what Goldman wanted when they donated to the Democrats. (ROFL) —

    Limbaugh conspiracy: Goldman Sachs would be “happy to pay a little civil fine” in exchange for “being in bed with the Obama administration”

    5. Obama and Dem’s push financial regulation that would restrain companies like Goldman
    6. This is what Goldman would have wanted according to Rush Limbaugh.
    7. Republicans push in favor of the Wall Street deregulation and protecting BILLIONS in profit enabled by taxpayer money.
    8. Profit!

    Oh yes… I can see it all now.

    BWAHAHAHAHAHAHAHAHAHA!

  14. Yes BIC….

    Lets let the states handle natural disasters. That worked so well for President Bush in New Orleans. He should have left Gov Blanco well enough alone.

    Hey, why bother having an army we can’t pay for? Let’s just rely on self-defense by armed citizens. You go Tex, and git yer gun now.

  15. Good Lord,

    Lets let the states handle natural disasters. That worked so well for President Bush in New Orleans.

    Can we be reimbursed for all the federal money then? 😯

    You’re even more clueless about private business than I thought Curator.

    I have an easy question. These financial ripoff artists on Wall Street who keep screwing us? Who did they donate far more money to during the 2008 presidential election? Barack Obama or John McCain? Democrats or Republicans?

    Regulation is a joke. For the millionth time on this blog alone, Sarbanes-Oxley Act of 2002, the biggest regulatory measure passed in 30 years, did absolutely nothing to stop the economic meltdown in 2008. What exactly is more regulation going to do again Curator – besides enrich Chris Dodd before he is summarily booted for incompetence?

    You’re barking up the wrong tree on this one sport…Rush Limbaugh is right in his assessment (as usual).

  16. Yes of course Tex.

    The coup de grâce is now the SEC Indicts Goldman Sachs for fraud. All a master plan by Obama to stick up for the taxpayer.

    How devious.

  17. Curator I wonder sometimes if you are in a thread just for a fight .

    Piecing together some of your comments here I further wonder where I could peg you on a scale that has envy on one end and genuine concern for people & the economy on the other.

  18. @ Curator 18
    Hey, why bother having an army we can’t pay for? Let’s just rely on self-defense by armed citizens.
    On a serious note this serves as an example of a point of divergence of multiple political ideologies.
    Anarchy and true Socialists would be two that meet here. I think one could say to lesser degrees classic Hamiltonians and Wilsonians too.
    Any thoughts? Anyone?

  19. The coup de grâce is now the SEC Indicts Goldman Sachs for fraud. All a master plan by Obama to stick up for it up the ass of the taxpayer.

    How devious.

    Correctamundo…

    You’re catching on.

  20. Alfie,

    Piecing together some of your comments here I further wonder where I could peg you on a scale that has envy on one end and genuine concern for people & the economy on the other.

    Just my opinion, but if I have Curator pegged correctly, this is a guy that went from public servant (Air Force) to public service (state school). Correct me if I am wrong Curator, but I believe that covers most of your adult life, making you a few years younger than me.

    If I were to venture a guess, Curator sees compassion about as far as his front yard, unless there is some ammunition granting him further compensation, or a possible chance for advancement.

    Though Curator may not be quite the lefty idealist Rutherford is, I would wager there’s more to his conversation from “moderate” to “progressive” than he wishes to share. Generally, if you’re going to work 12 years military, you’re going to carry it through all the way. Somewhere, his ship ran aground and he’s looking for blood.

    You know those New Jersey public school teachers who were wishing Chris Christie dead? Curator…

  21. Curator,

    Since you’re so sure regulation is the answer to Wall Street ripoffs, can you convince Obama while “regulating” financial icons to add Freddie Mac and Fannie Mae to the mix?

    I notice they’re off limits in the new proposal…gee, I wonder why?

  22. Really…

    Largest Hedge Fund Political Donations Go to Democrats
    http://abcnews.go.com/Business/largest-hedge-fund-donors-show-bipartisan-support-democrats/story?id=10425809

    Goldman Employees Donated $1 Million to Obama Campaign
    http://preview.bloomberg.com/news/2010-04-20/goldman-employees-donated-1-million-to-obama-campaign.html

    Barack Obama (D)
    Top Contributors-
    University of California $1,591,395
    Goldman Sachs $994,795
    Harvard University $854,747
    Microsoft Corp $833,617
    Google Inc $803,436
    Citigroup Inc $701,290
    JPMorgan Chase & Co $695,132
    Time Warner $590,084
    Sidley Austin LLP $588,598
    Stanford University $586,557
    National Amusements Inc $551,683
    UBS AG $543,219
    Wilmerhale Llp $542,618
    Skadden, Arps et al $530,839
    IBM Corp $528,822
    Columbia University $528,302
    Morgan Stanley $514,881
    General Electric $499,130
    US Government $494,820
    Latham & Watkins $493,835
    http://images.opensecrets.org/obama_top_contribs.htm?cycle=2008&cid=N00009638

  23. Pity you can’t recognize the force behind the force, because it really is so obvious.

    Now Alfie, before you tell me to stay away from religion I want to say for the record, Tex started it 🙂

    Tex, in the context of this article the force behind the force brings up some very interesting questions concerning where theology and science coincide. I assume from your comment that you agree that both of these are a scientific possibility:

    1. A meteor hitting the Earth causing catastrophic loss of life, perhaps total loss of life.

    2. The Sun, being a star, suffering the fate of all stars and eventually extinguishing, ending life on Earth as we know it.

    If you acknowledge both of these, then please reconcile these events with the Final Days. Is one or the other of these events the actual event of Christ’s return?

  24. I hope you aren’t going to get all Gaia on us though.

    One of the parts of hosting this blog that I enjoy the most are the opportunities for learning. Must admit, Alfie, I had to look Gaia up. Never was good on my Greek mythology.

  25. Hey, why bother having an army we can’t pay for? Let’s just rely on self-defense by armed citizens.

    Well the Tea Party gang is headed down this road. A couple of funny things come to mind.

    1) On “Hardball” yesterday this dude was angry he couldn’t carry his sidearm in D.C. “I am not being allowed to protect myself.” Ehhh, has this guy never heard of the police?

    2) The other thing that tickles me are the militias who want to protect us from the Fed. They don’t seem to understand that the Constitution that they hold so dear defines the head of all the Militias as the … wait for it …. President of the United States. So these weekend warriors are actually under the command of Barack Obama. I believe there is a name for any militias that fall outside that constitutional definition. It’s called insurrection. 🙂

  26. Rutherford,

    1. A meteor hitting the Earth causing catastrophic loss of life, perhaps total loss of life.

    2. The Sun, being a star, suffering the fate of all stars and eventually extinguishing, ending life on Earth as we know it.

    Being I trust my faith, I never concern myself with such things. I can assure you the earth will never end. Having said that, it will be changed:

    Then I saw a new heaven and a new earth, for the first heaven and the first earth had passed away, and there was no longer any sea. I saw the Holy City, the new Jerusalem, coming down out of heaven from God, prepared as a bride beautifully dressed for her husband. And I heard a loud voice from the throne saying, “Now the dwelling of God is with men, and he will live with them. They will be his people, and God himself will be with them and be their God. He will wipe every tear from their eyes. There will be no more death or mourning or crying or pain, for the old order of things has passed away.” He who was seated on the throne said, “I am making everything new!”

    See why I don’t worry? Everything will come full circle.

  27. Rutherford, you tickle me.

    A majority of the people don’t respect the President anymore. Frankly, I’ll be glad when November is over so that we can get to the real fight.

    Obama does not just deserve to get beat. He deserves to be humiliated for his bullying and his arrogance. He makes more enemies and loses more respect every day that passes. I know you find that impossible in your sheltered world, but there’s a large part of the country out here than now disdains the man and looks at him as the enemy.

    I see this regime ending very badly for all of us, as Obama a huge mistake. You will end up unhappy over this. But hopefully, we will learn from our mistakes.

  28. I see this regime ending very badly for all of us

    Ah I see you’ve been listening to Lush Rimjob again. He’s been using the “regime” jargon lately. Chris Matthews is about to have an aneurysm over it.

    I’ll say this for Rush … he really does know how to press people’s buttons.

    On a side note, am I the only one who misses Rabbit? Hey Tex, on the off chance that he confided his real e-mail address to you, drop the guy a line and tell him we say hello (or at least I do). For one, I’d love to hear him pipe in on the NJ Teacher’s Union and their sophomoric death wish on Christie.

    On an even more side note: On Sunday we went to Best Buy to make an emergency purchase of a netbook to replace a completely dead family laptop. While there, I tried out an X-Box Rock Band game. I swear if I weren’t so dirt poor right now, I would have bought it on the spot. This young kid was playing the drums on the thing. So I walk up, leg braces, cane and scoliosis up the ying yang … grab the drumsticks and start whaling on Green Day. The kid looks at my wife with a WTF look on his face. It made my day! LOL I may be almost 50 years old but I still GOT IT! 😉

    I’m telling you, once I get out of this financial hell hole I’m in, I am buying a motherf*ckin’ Wii and a copy of Rock Band! 😀

  29. Rutherford, my Man. Let me share in your grief. But first…

    I’m with LOL on this one about Green Day, but I’d be lying if I said I didn’t like a few of their songs like “Time of Your Life.”

    Oh, and about the Wii. We got one for the kids two or three Christmas back. And they were fun – for about a week. 😯 You know how those faddish things are. Then they started collecting dust. Before my last lab died, we had a mutt (Sammy) that inherited us. He got in the house one night when the french door came open off the back porch and proceeded to chew the hell out of one of those joy sticks or whatever those things were called. I haven’t been back on since. Sammy is still with us.

    Yeah, I did use regime on purpose. 🙂 Actually, I was ahead of Rush on this one. I’ve used that word as pejorative here before. And it was probably by accident because it sounded good, because I’m not sure I fully understood the connotations. The greatest things I’ve ever done in my life were by accident (wife, kids, using regime to describe Obama).

    About two years ago, I did have a brief exchange with Rabbit on email – but that was two computers back. I’ll see if I can dredge up the address and forward him a message that you miss him. I do too. That was back in the Chen days, and before the election.

    ================

    Now, on to misery loves company.

    I make it sound like I’m rich with all those gizmos and toys and all that Rutherford. Well, have no fear. After my wife’s annual bonus failed last year,which amounts to about 25-30% of her salary (first time in 25 years), and being that I haven’t made a dime in seven years (yes, I should get off my ass), and two college educations (three if you included mine), and all the expenses of keeping cars, a home, and two apartments, paying for the sorority, dogs shots and food, etc…, it appears the Taylor family even on Mom’s good income is going into the red at about 5-7K a month.

    One daughter’s education is $27K for the tuition alone per year. And that’s after scholarships. An absolute ripoff. And that is before text books and sorority houses and car insurance (for some reason, I guess our storms) our damn car insurance rates are the third highest in the nation.

    You and I can spend the rest of our natural lives debating politics at the downtown YMCA for poor black men and old, white trash when our wives wise up and run us off.

  30. Only libs who have no understanding of the Tea Party movement are confused about its origins. If you were following any conservative blogs after Santelli’s famous Tea Party rant, you know exactly what the origins are. And if you followed them since, you know that by and large, they’re a very loosely affiliated group composed of regular folk.

    There have been, since the early days, many attempts to co-opt the movement, and a notable drive toward formalizing and empowering its membership. The former have not been successful, but the latter has.

    Was the Tea Party formed as a grassroots movement? Definitely.

    Is it now transforming itself into something more like Organizing for America? Yes.

    Does all this sleuthing about the Tea Party Express amount to anything? Not at all.

  31. The money trail of the Teabaggers has finally come full circle. It seems one Mark Russo, partner in Russo, Marsh and Rogers (a republican consulting firm) CREATED the Tea Party Express, hiring one Frank Luntz (Fox pollster and now republican “strategist”). Thus putting an end of a full year of mock outrage at being called an astroturfed movement. You might recall Luntz was “polling” control groups during the Obama/McCain election and once or twice became enraged at people in the groups for favorable opinions of Obama. Apparently they were not adequately screen beforehand. Luntz is widely reported to be the architect of the “party of no” format, providing the GOP with a monosyllable talking point that even the dimmest of them could not screw up. Demint’s “waterloo” early assertion about President Obama failing at health care backfired to say the least, although pointing this out became a career roadblock for David Frum. So tea day has come and gone (April 15th), let’s expose these frauds and snake oil salesmen! All the poor sheeple at the rallies, at least most all of them will be paying fewer taxes today!

  32. Does all this sleuthing about the Tea Party Express amount to anything? Not at all.

    Geoff, be blind if you want but at the very least the Politico article proved once and for all that the GOP views Fox as THE media outlet for their agenda. It also proves the GOP tried to co-opt the TPM, making any “grassrootseyness” it might have had, a thing of the past.

    But bottom line you missed the point of the article. Grassroots movements in this country are more or less manufactured regardless of ideology. Americans for the most part ain’t smart enough or motivated enough to do the hard work of a grassroots movement. They need to be prodded by a big boy.

    If by Santelli, you mean CNBC’s Rick Santelli … yes I wrote about that assh*le back in the day. A selfish stock-investing SOB who wants the rich to get richer and the poor to get poorer.

  33. Laughing at ===>>> Curator.

    Which site do you cut and paste this tripe? Geoff’s got it right – that is the history.

    I thought the astroturf accusations had died, then they had moved on to racists, but that didn’t fly, so then onto rubes. But that didn’t work when it was determined the average tea party member more wealthy and more educated than the norm, so they moved on to the charges they’re all McVeigh wannabees, while leftists tried infiltration only to be busted by their own stupidity.

    Somewhere in between, Lefties tried their own mocking form of coffee party, but it was so poorly attended to be discarded.

    I assume you Curator have come full circle and are back to the original charges of astroturfing?

    This is the sign of a deluded and paranoid mind.

  34. Tex,

    1) Your story about the Wii gathering dust has been one of the big disincentives for my buying one, even back when I could afford to. I can see it getting a week’s play and then once the novelty wears off for both me and my daughter, it will just be another box in the living room.

    2) You and I can spend the rest of our natural lives debating politics at the downtown YMCA for poor black men and old, white trash when our wives wise up and run us off.

    Without knowing it, you’ve given voice to my one secret fear. A part of me is sure that once I get some money coming in, my wife will say “OK, you’re now making enough money to support yourself …. I’m outta here before your unlucky ass gets laid off again. Best of luck, it’s been fun.”

    Of course, I really don’t play her that cheap. She’s been a real trooper through some crap she never asked for. If you want to meet a woman who took “for better or worse” seriously, you need to meet my wife. (Then again, I have no doubt your’s is the same.)

  35. Rutherford,

    Either way, believing as you wish, it is apparent the tea parties have the Left and Obama shook. I don’t think that is really debatable anymore.

    The movement has worked and is still in a nascent stage. Two years from now, unless things drastically change, the “Tea Party” may be the the most popular party.

    You may be get your Hope & Change fulfilled – Obama being the transitional figure you dreamed. Only it didn’t quite fulfill your wishes.

  36. Oh, as for Green Day, you and “LOL” may be thinking of the Green Day of the 90’s (“Geek Stink Breath” era). Now mind you, I love that incarnation also … but 21st century Green Day is another story altogether. “American Idiot” and “21st Century Breakdown” are fantastic albums.

    Tex, if you liked “Time of Your Life”, then their most recent hit “21 Guns” should appeal to you. (That is the one I drummed on at Best Buy.)

  37. OH Rutherford,

    Of course, I really don’t play her that cheap. She’s been a real trooper through some crap she never asked for. If you want to meet a woman who took “for better or worse” seriously, you need to meet my wife. (Then again, I have no doubt your’s is the same.)

    You’ll never know how lucky I was. Glad you shared the same blessing.

    It took at least 20 years of being married before I recognized how good I had it. My wife has not only supported me the last few years, and granted me a right to pursue a second chance, she has never once nagged me. Not once.

    My wife is simply the best. And strangely Rutherford, me leaving corporate America may have saved my marriage. I don’t think I realized what an ogre I had become. I was beyond put out with the environment, and I suppose to keep from blowing a gasket, without recognition taking it out on those I loved.

    Don’t be so sure your hardship hasn’t strengthened your marriage, as crazy as they may sound.

  38. Rutherford,

    If we lived close to each other, I’d let you borrow the Wii to get it out of your system. Like everything I ever purchased and felt like I had to had, ultimately it proved a dust collector later.

    I will tell you that probably the only two things I’ve ever purchased that I actually felt like I got my money’s worth were computers and this Explorer I bought in ’97 that I’ve kept to transport the labs and now the mutt around.

    The other night, Sammy chewed a hole in the seat and I didn’t even give a hoot. I laughed.

  39. I just heard on CNN (why it was on, I have no idea) that not only is the National Day of Prayer under fire, but they are “voting” to rescind the invitation to Franklin Graham to lead one of the prayers at the Pentagon. Seems Franklin had the gall to say “Islam is an evil and wicked religion” after the 9/11 attacks.

    Amazing. We just had a “good” Muslim doctor not a year ago kill 13 innocents at Ft. Hood and we are still worried about sensitivities. We just had a “good” Muslim punk try to bring down a plane over Detroit on Christmas day, and we are worried about reaction to hurting somebody’s feelings.

    Somebody show me in this country who does more good works for the poor than Samaritan’s Purse. Franklin Graham is one of the finest men in this entire country IMO and he serves the poorest of the poor.

    As example, Samaritan’s Purse has done the following:

    In addition to responding to emergencies worldwide, Samaritan’s Purse includes several ongoing ministries.

    Operation Christmas Child is a ‘global Christmas gift exchange’ project operated by Samaritan’s Purse. Each November it opens thousands of locations, typically at churches or schools, to collect shoeboxes filled with toys, school supplies, personal items, and other gifts. These are then distributed as Christmas gifts to millions of children each year. Gift boxes are collected in North America, Europe, and Australia. From 1993 through 2008, some 69 million gift boxes have been handed out in more than 130 countries.

    And this time, I’ll defend Obama because he says about the same thing I am saying. Find something else to bitch about.

  40. Are any of you regulars movie goers? Being I’m incredibly lazy anymore, but being I hate Hollywood with a passion, I almost refuse to go to the theater anymore. I just watched some of last year’s nominees for best picture.

    If that is the best Hollywood has to offer, it’s a wonder they can draw people into theaters anymore. I’m got Blind Side left to watch. Let’s hope it is better than The Hurt Locker (marginal). Avatar sucked big time!

  41. Perspective.

    Fifteen years ago, the combined assets of our six biggest banks totaled 17 percent of our GDP. By 2006, that number was 55 percent. Right now, it stands at 63 percent.

    Breathtaking isn’t it?

    This is the natural end product of capitalism/free(ish) market, is it not?

    The big question is what would have happened if the “Free market” was allowed to solve the very problem it created.

  42. Let’s hope it is better than The Hurt Locker (marginal).

    I wouldn’t rate Hurt Locker a five star movie but I did feel it gave me a feel for actually being in the combat zone, unable to tell innocents from enemies.

    The animated feature “Up” had one of the most poignant sequences I’ve ever seen in a film (watching a relationship progress from childhood friends through marriage through the loss of a spouse, all in about 2 minutes). Actually made me tear up.

    “District 9” had great political symbolism.

    “Inglorious Basterds” was a great flick … very cathartic. Brad Pitt was a lot of fun to watch.

    “A Serious Man” reminded me of what a loser lots of us guys could be under different circumstances.

    Finally, I JUST watched “Up in the Air” last Saturday and having been laid off … yeah, I friggin’ related to it big time!

    I didn’t see any of the other nominees although “An Education” and “Precious” are sitting in my living room waiting to be watched.

    BTW …. I saw NONE of the above in the theater. Availability and cost of a baby sitter ruled that out.

  43. 5:43pm EDT April 21, 2010

    Please mark that time in the history books. Tex said something positive about Barack Obama.

    Now THAT must be a sign of the apocalypse! 🙂

  44. Now Rutherford, I complimented Obama on shooting three pirates in the head. And though this may shock you, I’m not sure I don’t find him correct about NASA. That should smoke some conservative hides.

    “Inglorious Basterds” was a great flick … very cathartic. Brad Pitt was a lot of fun to watch.

    I wasn’t as impressed with that one as much as some other people. I think that was Tarantino’s wasn’t it? Gratuitous violence for no apparent reason. But I got to admit the Jew hunter was outstanding in his role and deserved the Academy Award. Pitt was okay.

    I can’t remember if Gran Torino was a 2009 movie, but besides Star Trek (yeah, I’m a Trekkie), I thought it was the best movie I saw last year.

    Save your money on the theater. I just thought of something – I lied. Two weeks ago, I did go to the theater to see (and you’re going to gig me for this) Clash of the Titans. Not bad, better than the original. I’m still a kid at heart.

    However, after $17.50 for two tickets, $7.00 for stale popcorn, and $4.00 for a terrible drink, I again choose to stay home for an extended period. Save your money and rent a NetFlix or something. 😉

    In addition, two punks came in the theater full of empty seats and decided they needed to sit right next to me. I stuck my elbows out the entire movie. 🙂

  45. Breathtaking isn’t it?

    Perhaps. But you didn’t answer my question to why Obama and Co. chose not to make Fannie Mae and Freddie Mac fall under the new proposed regulation? Is that included in your estimates, because that is a $380B dollar liability? And I assume Curator, much like the Oil and Pharmaceutical industries are considered in the pocket of Republicans or vice versa, the financial industry considered a Democratic stronghold?

    This is the natural end product of capitalism/free(ish) market, is it not?

    Actually, the banking industry is a poor representation of free enterprise at work. You don’t realize that?

    The big question is what would have happened if the “Free market” was allowed to solve the very problem it created.

    Oh, they played a part. No bigger part of the problem than your federal government created, though. And since the housing market didn’t play by normal rules of equity and debt allocations, believing everyone deserved to purchase a house whether they could pay for it or not, how do you propose to solve that problem Curator?

    I find it hard to believe anyone, including you Curator, believes government responsible and efficient enough to solve any problem.

    Can you tell me how we got out of very deep recession in 1981 without government intervention?

  46. [Netflix is da bomb!]

    Agreed! I’ve spent the last two weeks watching Reruns of the X-Files seeing if I could figure it all out!!!

  47. I find it hard to believe anyone, including you Curator, believes government responsible and efficient enough to solve any problem.

    I don’t…. those are your words.

    I think ..and I could be wrong but in the 1981-82 recession, the fall in real wages helped end the recession. Key word “helped”. The adjusted real wage doesn’t explain every recession, but I don’t think there is ever one causal factor that explains everything.

  48. So I went back and read the article, since previously I’d been responding to Lawson’s comments. Nothing particularly surprising there – as I said, many groups are trying to exploit the Tea Partiers’ momentum, ang there’s nothing wrong with that, as long as it doesn’t corrupt the original intent of the movement.

    It was telling that the Tea Party Express guys state outright that they were not part of the original Tea Party movement, and that the local Tea Parties are not working together with the Express. That completely discredits Lawson’s surmise that they are not a true grassroots organization, that they needed the heavy hand of nationally-backed organizations to stop being ‘lazy’ and go out and protest, and that they are somehow being controlled at the national level.

    As far as the ‘Fox News’ bit goes, there was nothing definitive in the article. They were hoping to get coverage from a variety of conservative sources, and Fox is the only conservative-leaning network in the media. Fox was already covering the Tea Party protests (unlike the rest of the media), so they were the only choice for publicity via the MSM.

    The real mouthpiece of a political party is the unwatchable MSNBC. What a travesty of news coverage and commentary.

  49. The big question is what would have happened if the “Free market” was allowed to solve the very problem it created.

    This is why I’ve supported the administration’s push to impose size & influence limits on financial institutions. The free market works very well until corporations become large enough that the “invisible hand” no long functions. Or when institutions become “too big to fail.”

    I’ve tried to convince conservatives and libertarians that this is akin to simple spring theory, or tensile strength theory. In both cases, the spring or material opposes being stretched or compressed, constantly trying to get back to the equilibrium point. If they are stretched or compressed too far, though, they break or suffer permanent deformation. This is like the free market, normally able to restore its own equilibrium, but becoming distorted when it’s pushed too far by monopolies and enormous institutions.

    Of course, eventually the free market will work, but on a time scale and with such consequences as to cause an unreasonable amount of misery.Like, say, if the collapse had happened.

  50. But you didn’t answer my question to why Obama and Co. chose not to make Fannie Mae and Freddie Mac fall under the new proposed regulation?

    Would reform of the GSE’s and the shaky housing market be substantially different than reform of our financial industry? Both parties agree that Fannie and Freddie should come out of government conservatorship. You do realize your favorite homosexual Barney Frank said he wants to abolish Fannie and Freddie in their current form. You also realize we just had GSE reform hearings on March 23 and April 14?

  51. Here Curator,

    I finally found the article I was looking for to discount that myth of “95%” of people received a tax cut under Obama – and as the article notes most accurately, your tax cut is code word for “welfare.” And you’ll note, this scam was called before Obama was elected.

    http://online.wsj.com/article/SB122385651698727257.html

    I think ..and I could be wrong but in the 1981-82 recession, the fall in real wages helped end the recession. Key word “helped”. The adjusted real wage doesn’t explain every recession, but I don’t think there is ever one causal factor that explains everything.

    Where do you come up with the mess in your head? The recession ended when real wages fell? Good grief…

    You’re so misguided Curator, it is almost impossible to carry on a “conversation” with you. You simply parrot the socialists. No matter how simple I make the examples, you still don’t get it. And the only questions of mine you ever bother to even attempt to answer aren’t even my questions directed to you – they are generalities I’ve stated.

    Let me tell you when real wages fall Curator. Real wages fall when corporations and small businesses are forced to account for uncertainly of further risk in the way of higher expenses. Risk of higher corporate taxes, larger outlays for health insurance due to Obamacare, uncertainty of future’s markets, hidden costs of regulation, possibility of increased FICA, etc…. etc…. etc…

    I don’t know when you will realize that the best government is minimal government. Our founders realized and the people realized this – until freebies and social nets and social just became the rule of the day.

    The only people who can pull us out of this recession are those who create real wealth. While government can assist in the facilitation by minimizing intrusion and providing the foundations, it does little in the way of increasing GDP.

    Curator, you’re not fooling me. Your concerns have little or nothing to do with sustainability and future. You look at today and make your choices on which side your own piece of bread is buttered. Unfortunately, you’re not alone in the practice with about half the country living off the wealth creation of others. It’s loathsome and eventually self-defeating.

  52. I can’t believe it. After typing my comment from above, Curator finally answers a question while I’m typing that he never answers a question. Your timing in fortuitous.

    You do realize your favorite homosexual Barney Frank said he wants to abolish Fannie and Freddie in their current form. You also realize we just had GSE reform hearings on March 23 and April 14?

    Believing me, there is nothing “favorite” about Barney Frank in residence. He’s a despicable man, living a despicable life. He’ll get his soon enough.

    But I sure am glad that Barney has now made the tacit admission he was wrong, without saying as much, and cost the country dearly. Glad Barney is seeing the light to attempt to save his already weakened reputation.

    Of course, this is equivalent to suggesting to cap the bottle two years after the genie left.

    But at least there’s an admission without meaning to of culpability.

  53. This is why I’ve supported the administration’s push to impose size & influence limits on financial institutions. The free market works very well until corporations become large enough that the “invisible hand” no long functions. Or when institutions become “too big to fail.”

    Good argument. I’ve always thought that Adam Smith is right with respect to “normalized” markets, but free markets that grow to enormous sizes that encompass large chunk of our GDP have to be regulated or “resized” or they devour other sectors or the market and finally devours itself.

  54. Geoff,

    This is why I’ve supported the administration’s push to impose size & influence limits on financial institutions. The free market works very well until corporations become large enough that the “invisible hand” no long functions. Or when institutions become “too big to fail.”

    I agree, but only to the extent that financial institutions don’t operate under the rules of real capitalism – because of their nature, they are secured and backed by the federal government.

    The problem is when people like Curator want to take that same model and apply it across the business spectrum of all enterprise, where supply and demand models do hold. I’ll use the example of the one I’m most familiar – the petroleum industry.

    There’s been a great deal of consternation from the rubes about Big Oil, or the Big Five. They are completely convinced a consortium of evil companies led by men like Dick Cheney are sticking it to the common man. What they fail to recognize that refiners require incredibly capital outlays just to bring the product to market. It simply doesn’t lend itself to huge numbers of producers like natural gas, because the product must be refined.

    Capitalism is not based on a number of competitors but the efficiencies the best of practice represent in meeting the market equilibrium of supply and demand. And being petroleum is a commodity, its meal ticket is in producing the product at the lowest possible cost. And the Big Five are incredibly adept at producing a low cost product. The average per gallon return for a refiner after transportation is but a couple of cents on the dollar.

    But because crude prices don’t necessarily and immediately follow street prices, people like Curator are absolutely convinced due to listening to people like Barney Frank and even Bill O’Reilly (clueless types), the “little man” is being screwed. They fail to recognize that weeks pass before the real costs of the raw product can be passed on to the consumer.

    When crude spiked to approximately $150.00, I tried to explain to the liberals that U.S. petroleum companies have little bearing on the cost of a gallon of gasoline. While oil companies were making huge profits on the sale of crude, the profits were from holdings sitting in their reserves. And the refiners were actually losing money on the sale of each gallon of gas during certain periods of the run up.

    If liberals wanted to really bitch about the price of fuel, they should start pointing the fingers at the biggest benefactors – the federal and state governments, who skim huge profits off the sale of each gallon of gas. Add in the price of regulatory costs to refiners and marketers dictated by the EPA, and no entity makes more off the sale of hydrocarbons than the U.S. government. But folks like Curator are perfectly okay with this.

    It makes no sense, and is in fact a very regressive tax.

  55. Where do you come up with the mess in your head? The recession ended when real wages fell? Good grief…

    You’re so misguided Curator, it is almost impossible to carry on a “conversation” with you. You simply parrot the socialists. No matter how simple I make the examples, you still don’t get it.

    What the fuck are you talking about? The first actions of the free market I cite and you label it as socialists talking points!

    Reagan had nothing to do with real wages, yet they fell and hiring more people became feasible for business. Don’t you think that real wage adjustments has profound changes in productivity?

    The recession began in the 3rd quarter of 1981. The adjusted real wage had been increasing leading up to the recession and peaks in the middle of the recession reaching 105.084 in the first quarter of 1982. It then declines in the subsequent quarters, declining to 103.977 as the recession ends in the 4th quarter of 1982. The adjusted real wage declines further in 1983 and down to 100.282 in the 4th quarter 1984 with the beginning of the Reagan boom.

    Like I said this adjustment in real wages doesn’t explain every recession, but it could have contributed in 1981/82.

    Seriously man get a grip. I just cited a prime example of free market principles and your knee jerk reaction was straight out of the Tea Party playbook.

  56. Wally,

    I just figured out without doubt where you get your information. It’s not based on real knowledge but what you can Google.

    I went out to determine how in the world you come to these conclusions, and the first site I find, parrots exactly what you just stated to the class. 🙄

    http://www.econbrowser.com/archives/2010/02/real_wage_decli.html

    This is the also thing I can figure is to how you derive your conclusions. It certainly isn’t based on real world experience.

    So that you are not completely void, let me tell you what happened since I was there. Productivity was in the tank. Investment had stopped and prime interest rates were at 20%.

    And what did our government do? It provided incentives by lowering tax rates – no public slush fund, no free health care, no TARP. And what happened? Business begin to recover. So much so, we had unprecedented growth for the longest extended period in U.S. history. It had little or nothing to do with real wages being reduced. That’s your government shills indoctrinating you.

    All your Obama has done with his policies has placed an undue burden on all of us, including industry. Everyone knows that interest rates are artificially low. It’s kept low by ballooning debt and printing money. Employers don’t hire with the perceived threat of higher expenses and taxes, which has delayed the recovery. Profits are up but revenues are down. When this bubble burst, and it is inevitable, the bursting bubble of 2008 will look like a walk in the park. And you will have been a proponent of its inevitability.

    What I want to know is, what are you public employees going to get paid when private industry goes bust? There will be no money in the public coffers and I’ll bet you’re already beginning to feel its effects personally.

    You’re literally slitting your own throats by participating in the nanny state and don’t know it. Like I said, it is miserably short sighted and self-defeating.

  57. Rutherford,

    There is something good coming out of the Tea Parties that I don’t think you may have noticed. And as I have said before, in a perverse way, I owe Obama a big thank you for driving it.

    Martin Luther King once said, “America will not reject racism until America sees racism.”

    And since I think King was a pretty smart cookie, because I think he was a Christian first, this is what I think will ultimately come of the movement: flushing the Left out into the light and exposing them for the hypocrites they are.

    I’ve teased on here about violence, but I don’t really advocate that and I believe you pretty much have figured me for the blowhard and tease. But there are those that do advocate violence.

    The political violence that we’ve seen spewing from the Leftists over the past few months is just the beginning and I believe the more they are challenged, the worse it will get.

    America will not reject the Left until America sees the Left.

    Really, what I should have been doing is advocating my principles because I don’t believe the Left has a counter for it. But I couldn’t effectively do that until America was presented with an example like Obama.

  58. Would reform of the GSE’s and the shaky housing market be substantially different than reform of our financial industry? Both parties agree that Fannie and Freddie should come out of government conservatorship. You do realize your favorite homosexual Barney Frank said he wants to abolish Fannie and Freddie in their current form. You also realize we just had GSE reform hearings on March 23 and April 14?” – Curator

    In a word: Yes.

    The firm not charged in Goldman case made billions on collapse

    The company was able to anticipate the losses because Paulson’s researchers looked at the underlying home loans, Paulson told Congress. Paulson realized they were comprised of risky mortgages — some of which were made with 100 percent financing.
    Even worse, he testified, mortgages were given to borrowers who had a history of poor credit, had no verified income or whose appraisal that was typically inflated.
    “It was that analysis that allowed us to buy protection on these securities, which resulted in large gains for our funds,” he said.

    http://www.mcclatchydc.com/2010/04/16/92356/the-firm-not-charged-in-goldman.html

    Read more: http://www.mcclatchydc.com/2010/04/16/92356/the-firm-not-charged-in-goldman.html#ixzz0lqdZxzfL

    You do realize that every effort to reform and manage them was blocked by Dems prior to the housing collapse. You further recognize that the overwhelming political contributions out of Fannie and Freddie went to Dems, particularly Dodd, Frank and…wait for it…Obama.

  59. I just figured out without doubt where you get your information. It’s not based on real knowledge but what you can Google.

    Yes, and so you won’t mind me agreeing with a research fellow with the Hoover Institution, an associate professor of economics at the Naval Postgraduate School in Monterey, California, and editor of The Fortune Encyclopedia of Economics, author of The Joy of Freedom: An Economist’s Odyssey (Financial Times Prentice Hall, 2002), and columnist for the Wall Street Journal and Fortune over your “I was there” meme that you know anything more than your common everyday ill informed Tea Bagger.

    That was the point of referencing Mr. Henderson who says it was the free market that provided the correction of the 81/82 recession with a decline in real wages, and not anything that Keynesian economics or the government did.

    You really can’t see the forest through the trees sometimes, even when someone is agreeing with a conservative principle in economics.

  60. That’s what I like about you Curator, a vile rube to the end. You still haven’t understood than in claiming the participants at Tea Parties “Tea Bagger”, than makes you the “Tea Baggee.” With that, we both agree.

    And you’re even more clueless in your cut & pastes. You’ve provided the effect without being smart enough to provide the cause, which is what needed to be copied.

    I’m frankly surprised you didn’t dredge up a Paul Krugman article who has been right the last fifteen times about the last three recessions.

    that you know anything more than your common everyday ill informed Tea Bagger.

    Since I’m about ten times more formally educated than you, that’s not even a good insult. Or, are you making a left-handed compliment that “Tea Baggers” are more highly educated than most? No one can be sure by your always humorless rhetoric.

    Try and wrap your fat head around this, because it will be the last time I try to explain. Truthfully, I don’t even believe you are equipped with the basic foundations to know what the authors are encapsulating. You’re a fraud.

    A squeeze in “real wages” was due to inflation. Greater purchasing power was a consequence of bringing inflation under control. You just listed the negative, then positive effects without listing the underlying cause and solution. You’re either a miserable communicator, clueless, or too ignorant to cut and paste the entire article, making the rationale meaningless.

    And since I now hope you have now grasped the dangers of inflation, can you at least attempt to wrap your head around why the threat of having our debt grow exponentially under Massa Obama and his Obamacare charade, and having our debt Rating downgraded is causing such alarm? This is Jimmy Carter II.

    I do hope you have a fixed mortgage.

  61. The firm not charged in Goldman case made billions on collapse

    Is it because Paulson & Co gave $30,400 to the Democratic Senatorial Campaign Committee qualifying him as a major Democratic donor, or that he…

    …gave $28,500 to the Republican National Committee in 2008, raising him to the level as major donor. He also gave $4,600 to Sen. John McCain’s (R-Ariz.) 2008 presidential campaign, as well as separate $2,437 checks to the Republican Parties of Minnesota, New Mexico, Colorado and Wisconsin.

    You link this to the political contributions of Fannie and Freddie as if it means something.

    Fannie and Freddie donations have been known for years so it is no secret (57% to Democrats), but you AFAIK still push this idea that Fannie and Freddie are the ultimate bad guys here. Fannie and Freddie didn’t get into the subprime paper business until Bush and Congress lifted the portfolio caps and pushed them into becoming the official lender of last resort. Gee I wonder where everyone dumped their toxic ARM’s in 2007 and 2008?

  62. While I’m reading Curator’s rant about both Republicans and Democrats being rats eating the cheese, I’m reading this…

    WASHINGTON — While Goldman Sachs’ lawyers negotiated with the Securities and Exchange Commission over potentially explosive civil fraud charges, Goldman’s chief executive visited the White House at least four times.

    White House logs show that Chief Executive Lloyd Blankfein traveled to Washington for at least two events with President Barack Obama, whose 2008 presidential campaign received $994,795 in donations from Goldman’s political action committee, its employees and their relatives. He also met twice with Obama’s top economic adviser, Larry Summers.

    I’m not excusing Republicans of having their greedy hands in the pie – they’re no saints either and some of them need to be sent with all but a few Dims to purgatory.

    But to try and defend that Obama isn’t tied at the hip with Goldman Sachs, after GS was his number one private contributor, I thought even Curator wouldn’t dare… 😯

  63. Yes squeezing “real wages” was due to inflation. Wonder what they did to reduce inflation back in 1981? Double digit inflation was something Paul Volcker fixed by taking a sledgehammer to economic policy and raised interest rates, tightened credit, and triggered the most punishing economic slump since the 30’s. Business bankruptcy tripled from 1979 and unemployment exploded… but yeah… prices came down… and so did wages. I guess it was due to what Reagan did after all. So it wasn’t free market economics. My mistake. Too bad for your free market idealism. You have just proven it incorrect. How’s that for your “underlying cause and solution”?

    Funny how Volcker’s unpopular and painful remedy to double digit inflation in 1981 is seen as a catalyst to Reagan economic boon in the 80’s, but today this same guy is all too easily to be thrown under the bus by you knuckleheads.

  64. But to try and defend that Obama isn’t tied at the hip with Goldman Sachs

    Nope… not me.

    The difference between MOST Democrats and Republicans is that the Democrats want to reign in Wall Street even after they have taken the money; the Republicans want to do favors for Wall Street after getting that money. That’s why Mitch McConnell visited Wall Street bankers and asked for money to “kill the bill”.

    No one can deny that President Obama is pushing this Wall Street reform bill hard, in spite of the opposition from Republicans and Wall streeters.

  65. Really, what I should have been doing is advocating my principles because I don’t believe the Left has a counter for it.

    Yikes. Well that is good partial advice for the GOP.

    It’s like you’re living in bizarro world. The left has clearly stated its principles and the right has no counter for it. Anyone on the right who tries to speak sense (e.g. Frum) gets tossed on his ass.

  66. I must confess the back and forth between Curator and Tex has mostly gone over my head. That is why you almost never see me write articles on economics.

    Two points, one pure humor.

    1) How can lowering taxes in a deficit help relieve the deficit? I understand there is the element of cutting expenses, but you still need to bring income into the government somehow. I don’t get how Reagan cutting taxes (did he?) did anything to help the 80’s economy.

    2) I heard an old saying today that gave me a kick:

    “A good politician is a man who will take your money and then f*ck your wife.”

    It was said in the context of Wall Street contributions to Obama being irrelevant when it comes to his hammering them down the line.

  67. Wow, not quite sure what to say to this other than, I would have expected a bit more R, but then again, maybe not…

    By cutting the tax rate, the economy grew, which in turn brought more revenue into the fed coffers. Kennedy cut taxes, and sure enough, the fed made more money.

    Now, let’s look at the reverse, Maryland has increased taxes, and…..is losing money.

    It’s pretty simple, poor people don’t create jobs and trying to engage in class warfare only ensures that the victim protects themselves and their resources…

  68. Curator, piss poor bait and switch. Bush tried to get Fannie and Freddie under the SEC some 17 times, to be blocked every time by Dems.

    Tell me, how do you justify a GSE CEO making $90 million (read, Frank Raines)?

  69. Rut ro raggy…

    Redactions Revealed: The Six Secrets You Need to Know From the Obama Subpoena Request

    Former governor Rod Blagojevich’s defense team asked Thursday to issue a trial subpoena to the President of the United States of America.

    The motion, intended to be heavily redacted, was improperly edited — the full document was easily viewable if the text is copied and pasted to another document.

    Below, the six revelations the redacted portions were meant to conceal.

    1. Obama may have lied about conversations with convicted fraudster Tony Rezko

    Blagojevich’s lawyers allege that Rezko admitted breaking the law by contributing “a large sum of cash” to a public official. Blagojevich’s attorneys say that public official is Obama. Obama said that Rezko never relayed a request from a lobbyist to hold a fundraiser in favor of favorable legislative action. But the point may be moot: regardless of Obama talking/not talking to Rezko, Blagojevich’s attorneys say that Obama refused the request regardless.

    Redacted portion: However, the defense has a good faith belief that Mr. Rezko, President Obama’s former friend, fund-raiser, and neighbor told the FBI and the United States Attorneys a different story about President Obama. In a recent in camera proceeding, the government tendered a three paragraph letter indicating that Rezko “has stated in interviews with the government that he engaged in election law violations by personally contributing a large sum of cash to the campaign of a public official who is not Rod Blagojevich. … Further, the public official denies being aware of cash contributions to his campaign by Rezko or others and denies having conversations with Rezko related to cash contributions. … Rezko has also stated in interviews with the government that he believed he transmitted a quid pro quo offer from a lobbyist to the public official, whereby the lobbyist would hold a fundraiser for the official in exchange for favorable official action, but that the public official rejected the offer. The public official denies any such conversation. In addition, Rezko has stated to the government that he and the public official had certain conversations about gaming legislation and administration, which the public official denies having had.

    Redacted footnote: The defense has a good faith belief that this public official is Barack Obama.

    2. Obama may have overtly recommended Valerie Jarret for his Senate seat

    Blagojevich’s defense team basically alleges that Obama told a certain labor union official that he (Obama) would support Valerie Jarrett’s candidacy for the Senate seat. Jarrett, referred to as “Senate Candidate B”, is now a senior advisor to the president.

    Redacted portion: Yet, despite President Obama stating that no representatives of his had any part of any deals, labor union president told the FBI and the United States Attorneys that he spoke to labor union official on November 3, 2008 who received a phone message from Obama that evening. After labor union official listened to the message labor union official told labor union president “I’m the one”. Labor union president took that to mean that labor union official was to be the one to deliver the message on behalf of Obama that Senate Candidate B was his pick. (Labor union president 302, February 2, 2009, p. 7).

    Labor union official told the FBI and the United States Attorneys “Obama expressed his belief that [Senate Candidate B] would be a good Senator for the people of Illinois and would be a candidate who could win re-election. [Labor union official] advised Obama that [labor union official] would reach out to Governor Blagojevich and advocate for [Senate Candidate B].. . . [Labor union official] called [labor union president] and told [labor union president] that Obama was aware that [labor union official] would be reaching out to Blagojevich.” (Labor union official 302, February 3, 2009 p. 3).

    3. A supporter of President Obama may have offered quid pro quo on a Jarrett senate appointment

    Redacted portion: Supporter of Presidential Candidate Obama is mentioned in a phone call on November 3, 2008, having offered “fundraising” in exchange for Senate Candidate B for senator (Blagojevich Home Phone Call # 149).

    4. Obama maintained a list of good Senate candidates

    Redacted portion: President-elect Obama also suggested Senate Candidate A to Governor Blagojevich. John Harris told the FBI and the United States Attorneys that he spoke to President’s Chief of Staff on November 12, 2008. Harris took notes of the conversation and wrote that President’s Chief had previously worked as Blagojevich’s press secretary. Obama agreed of Staff told Harris that Senate Candidate A was acceptable to Obama as a senate pick. (Harris handwritten notes, OOG1004463) President’s Chief of Staff told the FBI that “he could not say where but somewhere it was communicated to him that” Senate Candidate A was a suggested candidate viewed as one of the four “right” candidates “by the Obama transition team.”

    5. Rahm Emanuel allegedly floated Cheryl Jackson’s name for the Senate seat

    Redacted portion: President’s Chief of Staff told the FBI that he had a conversation discussing the Senate seat with Obama on December 7, 2008 in Obama’s car. President’s Chief of Staff told the FBI “Obama expressed concern about Senate Candidate D being appointed as Senator.

    [President’s Chief of Staff] suggested they might need an expanded list to possibly include names of African Americans that came out of the business world. [President’s Chief of Staff] thought he suggested Senate Candidate E who was the head of the Urban League and with President’s Chief of Staff’s suggestion.

    6. Obama had a secret phone call with Blagojevich

    Redacted portion: President-elect Obama also spoke to Governor Blagojevich on December 1, 2008 in Philadelphia. On Harris Cell Phone Call # 139, John Harris and Governor’s legal counsel discuss a conversation Blagojevich had with President-elect Obama. The government claims a conspiracy existed from October 22, 2008 continuing through December 9, 2008.6 That conversation is relevant to the defense of the government’s theory of an ongoing conspiracy. Only Rod Blagojevich and President Obama can testify to the contents of that conversation. The defense is allowed to present evidence that corroborates the defendant’s testimony.

    http://www.nbcchicago.com/blogs/ward-room/The-Six-Secrets-You-Need-to-Know-From-the-Blagojevich-Filing-91848634.html

  70. How did Clinton raise revenue Rutherford?

    It’s called incentive and growth. Clinton was a product of serendipity – he was there when it happened like many lucky executives. Your tax base increases and the number of people paying taxes increases. Right now, you’ve got 47% of the wage earners paying nothing – with some still getting credits for reimbursement.

    You have more people paying in, you have greater revenues and more capital gains. It happened in the 80s and again in the 90s. It happened for a time in the mid 2000s. Net Revenue increases and capital gains follow. That is one of the fundamental principles of free enterprise.

    Clinton was pretty moderate concerning the fiscal cause after ’94 Though he was dragged to the table three times to sign welfare, he did sign it. Though I disdain the man, he is not dangerously ignorant like Obama.

    ======================

    Curator has his dates somewhat mixed up about Volcker, but essentially he’s correct. Volcker did tighten credit. And yes, for a period of time (about 18 months), unemployment did increase. With a 20% prime, it didn’t much matter because you couldn’t afford anything anyway. When the prime decreases 10%, you don’t care if your wages stay stagnant or reduced. Perhaps Curator would have preferred the Argentina model with wheel barrows of money to buy a loaf of bread? Or maybe Nigeria? How about Venezuala as Hugo appears to be Obama’s good pal?

    And perhaps Curator can explain to me with crushing debt as is Obama’s proposal, what has happened anyway to unemployment? Has credit increased? Have we gained millions of jobs that I’m not aware? So far, the count is 3.2MM net jobs lost, and 3.6 trillion in additional liability. And guess what? Wages are decreasing.

    Curator is great at cutting and pasting from commentary, but hasn’t a clue to fundamentals or knowledge.

  71. Curator,

    Your proposed tax cuts are like an old saying I once read.

    Three guys go into a bar. Obama orders three drinks, a grande for himself, a miniature for the businessman, and a medium for the unemployed. Then he proceeds to tell the waitress to place the bill with tip on the business man’s tab.

    But the business owner did get a small drink on Obama. Right Curator?

  72. Rutherford, a little different take on your joke:

    “A good Republican politician is a man who will take your money and then f*ck your willing wife.”

    “A good Democratic politician is a man who will take your money and then rape your wife.” Tip of the cap to Bill Clinton, convicted sexual predator.

  73. Ann Coulter cuts the nuts off Butch Madcow… 😆

    What’s curious about the left’s current obsession with Timothy McVeigh is that it proves that — despite a frantic search for 15 years — liberals have come across no better evidence of burgeoning “right-wing extremist” violence than a drug-taking, self-described “agnostic” who was thrown out of the Michigan Militia and who proclaimed, “Science is my religion.”

    That sounds more like Bill Maher than Rush Limbaugh. 😆

    http://www.anncoulter.com/

  74. @Rutherford: “How can lowering taxes in a deficit help relieve the deficit? I understand there is the element of cutting expenses, but you still need to bring income into the government somehow. I don’t get how Reagan cutting taxes (did he?) did anything to help the 80’s economy.”

    The truth shall set you free, my friend.

  75. “Democratic at the Edge of a Cliff”

    [Democrats are spending trillions at the worst possible moment, with a new poll showing public trust in government at a historic low of 22%.]

    Dig past the headline of the Pew study and one discovers why Bill Clinton is insinuating that “demonizing” government could cause another Oklahoma City bombing. If these numbers are at all close to reality, something one can hardly doubt just now, the American people have issued a no-confidence vote in government, at both the national and state level.

    To the extent one believes in the “consent of the governed,” consent is being eroded…

    Great article and a blow to the Rutherford/Curator/Hippie crowd who find government an answer to all. I’m afraid the American public overwhelmingly disagrees.

    http://online.wsj.com/article/SB10001424052748704133804575198290459062592.html

What's on your mind?

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s