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Whoever has been advertising (Koch brothers and the FOX News Network) for the tea party has been selling a lie.
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Visit msnbc.com for breaking news, world news, and news about the economy
In case you had any doubts, Thursday’s more than 500-point plunge in the Dow Jones industrial average and the drop in interest rates to near-record lows confirmed it: The economy isn’t recovering, and Washington has been worrying about the wrong things.We were told last week that there was a 40% chance of a double dip recession. I said then that the real chance was closer to 90%. Unless Krugman's solution is applied then 90% is also too low.
Fred R. Conrad/The New York Times
It’s not just that the threat of a double-dip recession has become very real. It’s now impossible to deny the obvious, which is that we are not now and have never been on the road to recovery.
For two years, officials at the Federal Reserve, international organizations and, sad to say, within the Obama administration have insisted that the economy was on the mend. Every setback was attributed to temporary factors — It’s the Greeks! It’s the tsunami! — that would soon fade away. And the focus of policy turned from jobs and growth to the supposedly urgent issue of deficit reduction.
But the economy wasn’t on the mend.
Yes, officially the recession ended two years ago, and the economy did indeed pull out of a terrifying tailspin. But at no point has growth looked remotely adequate given the depth of the initial plunge. In particular, when employment falls as much as it did from 2007 to 2009, you need a lot of job growth to make up the lost ground. And that just hasn’t happened.
Consider one crucial measure, the ratio of employment to population. In June 2007, around 63 percent of adults were employed. In June 2009, the official end of the recession, that number was down to 59.4. As of June 2011, two years into the alleged recovery, the number was: 58.2.
These may sound like dry statistics, but they reflect a truly terrible reality. Not only are vast numbers of Americans unemployed or underemployed, for the first time since the Great Depression many American workers are facing the prospect of very-long-term — maybe permanent — unemployment. Among other things, the rise in long-term unemployment will reduce future government revenues, so we’re not even acting sensibly in purely fiscal terms. But, more important, it’s a human catastrophe.
[...]
To turn this disaster around, a lot of people are going to have to admit, to themselves at least, that they’ve been wrong and need to change their priorities, right away.
Of course, some players won’t change. Republicans won’t stop screaming about the deficit because they weren’t sincere in the first place: Their deficit hawkery was a club with which to beat their political opponents, nothing more — as became obvious whenever any rise in taxes on the rich was suggested. And they’re not going to give up that club.
But the policy disaster of the past two years wasn’t just the result of G.O.P. obstructionism, which wouldn’t have been so effective if the policy elite — including at least some senior figures in the Obama administration — hadn’t agreed that deficit reduction, not job creation, should be our main priority. Nor should we let Ben Bernanke and his colleagues off the hook: The Fed has by no means done all it could, partly because it was more concerned with hypothetical inflation than with real unemployment, partly because it let itself be intimidated by the Ron Paul types.
Well, it’s time for all that to stop. Those plunging interest rates and stock prices say that the markets aren’t worried about either U.S. solvency or inflation. They’re worried about U.S. lack of growth. And they’re right, even if on Wednesday the White House press secretary chose, inexplicably, to declare that there’s no threat of a double-dip recession.
Earlier this week, the word was that the Obama administration would “pivot” to jobs now that the debt ceiling has been raised. But what that pivot would mean, as far as I can tell, was proposing some minor measures that would be more symbolic than substantive. And, at this point, that kind of proposal would just make President Obama look ridiculous.
The point is that it’s now time — long past time — to get serious about the real crisis the economy faces. The Fed needs to stop making excuses, while the president needs to come up with real job-creation proposals. And if Republicans block those proposals, he needs to make a Harry Truman-style campaign against the do-nothing G.O.P.
This might or might not work. But we already know what isn’t working: the economic policy of the past two years — and the millions of Americans who should have jobs, but don’t.
As the stalemate over debt talks dragged on Wednesday, Congress and the White House may have passed the point of no return in avoiding a U.S. government debt downgrade.The deadline that counts is not August 2nd. The deadline that counts has already passed and now the US treasury interest rate will be going up. And every penny extra it costs will be tax money Americans have to pay for absolutely nothing except as a surcharge on the stupidity and greed of the Republican Party and it's tea bagger Republicans!
If Uncle Sam loses his coveted AAA rating, the cost of borrowing goes up, the economy slows further and jobs get even tougher to find.
With hopes fading for a broad deficit-cutting package of spending cuts and tax increases, the White House Wednesday signaled that President Barack Obama could support a short-term extension of the U.S. borrowing limit as long as it was part of a broader long-term deficit reduction deal.
"We are in the 11th hour," said White House press secretary Jay Carney, repeating what Obama had said Tuesday. "We need to meet, talk, consult and narrow down in fairly short order what train we're riding into the station."
Carney also said the president would be willing to support a short-term extension as a stop-gap measure, but not without "an agreement on a larger deal."
Story: Democrats, Republicans meet with president separately
Though the Treasury has said it has enough cash until August 2 to keep paying the government's bills, including interest payments on $14 trillion in debt, time is rapidly running out for a comprehensive deal. The most promising to date, proposed by the so-called "Gang of Six" senators, would involve painful cuts and controversial tax increases.
Even if a broad agreement could be reached this week, both sides would have to hammer out specific line items and then return to their respective caucuses to sell the deal.
The alternative is a deal that raises the debt limit temporarily to allow the Treasury to pay its bills. But bond rating agencies Standard and Poor's and Moody's have said such stopgap moves would jeopardize the government's top-notch AAA credit rating.
"With the clock ticking, we doubt there is time to reach agreement on a comprehensive plan," said Paul Ashworth, chief U.S. economist at Capital Economics. "Instead, we expect a smaller scale plan to be passed that cuts $1.5 trillion from discretionary spending over the next decade. ... But it may not be enough to satisfy the rating agencies. The federal government is therefore still likely to lose its AAA rating within the next three months."
" Ezra Klein had a good piece on this the other day.So if the tea baggers and similar Republican Know-nothings in Congress like Michelle Bachmann get what they want and cause the American government to default, what are they going to do afterwards about they disaster they caused? Think they will stand up and admit that they caused the disaster and admit they were warned?The first to fall will be “directly linked” debt. These are bonds that rely on payments from the federal government. Naomi Richman, a managing director in Moody’s Public Finance division, puts it bluntly: “There are certain kinds of municipal bonds that are directly reliant on Treasury paying or some other direct payment,” she says. “If those bonds don’t receive their payment, they have no other source of revenue.” So down they go.
Then there’s the “indirectly linked” debt. That’s debt from state government, local governments, hospitals, universities and other institutions that rely, in some way or another, on payments from the federal government. If Medicaid stops paying its bills, all the hospitals that rely on Medicaid’s payments become less creditworthy. If we stop funding Pell grants, then all the universities that enroll students who pay using financial aid become less creditworthy. And since the federal government passes one-fifth of its revenues through to the states, and the states pass those revenues through to cities, if the federal government stops paying its bills, all states and all cities are suddenly in worse financial shape, which will make it harder for them to get loans.
And then there’s everything else. Mortgages. Credit cards. Loans that businesses take out to expand. Much of the debt in the American economy, and in fact globally, is “benchmarked” to Treasury debt.
The entire credit infrastructure is premised on the notion that U.S. Treasuries are the safest possible investment — the full and faith and credit of the United States is impervious, and the nation’s credit rating is the best bet on the planet.
Or it was, right up until Americans thought it was a good idea to give confused Republican extremists control of the U.S. House of Representatives.
As Ezra noted in his piece, “If America’s credit rating falls, it’s taking a lot more than just Treasury securities with it.”
As ThinkProgress has reported, the global conglomerate Koch Industries not only helped elect Gov. Scott Walker (R-WI), but is the leading force orchestrating his union-busting campaign. Koch gave Walker over $43,000 in direct donations and its allies aired millions of dollars worth of attack ads against his Democratic opponent. Then, Koch political operatives pressured Walker to crush labor unions as one of his first priorities. Tim Phillips, a former lobbying partner to Jack Abramoff and current president ofKoch Industries is the company established by Fred Koch who, together with Robert Welch, went on to found the extremist right-wing organization The John Birch Society in 1958. His sons co-founded the Libertarian think tank, the CATO Institute and have continued his right-wing political crusaded.
Americans for Prosperity, a front financed by David Koch, told the New York Times that Koch operatives “had worked behind the scenes to try to encourage a union showdown.” A Koch-financed front group, the American Legislative Exchange Council, has prepped Wisconsin GOP lawmakers with anti-labor legislative ideas.
UPDATE: Walker's office confirms governor pranked by blogger posing as Koch brother
Posted by scontorno at 2/23/2011 9:36 AM CST on greenbaypressgazette.com
From Spokesperson Cullen Werwie:
"The Governor takes many calls everyday. Throughout this call the Governor maintained his appreciation for and commitment to civil discourse. He continued to say that the budget repair bill is about the budget. The phone call shows that the Governor says the same thing in private as he does in public and the lengths that others will go to disrupt the civil debate Wisconsin is having."
First, it's remarkable Ian Murphy, pretending to be Koch, even got through. He talked to Walker's chief of staff, Keith Gilkes, and said he couldn't leave a return number because, "My goddamn maid, Maria, put my phone in the washer. I'd have her deported, but she works for next to nothing." This, oddly enough, led Gilkes to invite "Koch" to call back and speak directly to the governor.This call says a great deal about who Scott Walker is. He is an untrustworthy extremist ideologue who will screw over anyone who tries to deal with him - unless that person is providing money and support as David Koch is. He does not see himself as "public servant" who works for the people. He sees himself as a king or dictator who is there to get government to force others to do things his way.
Second, and more important, is the fact that Walker talked about a scheme to bring state Senate Democrats back to the capitol."An interesting idea that was brought up to me by my chief of staff, we won't do it until tomorrow, is putting out an appeal to the Democratic leader. I would be willing to sit down and talk to him, the assembly Democrat leader, plus the other two Republican leaders -- talk, not negotiate and listen to what they have to say if they will in turn -- but I'll only do it if all 14 of them will come back and sit down in the state assembly. They can recess it... the reason for that, we're verifying it this afternoon, legally, we believe, once they've gone into session, they don't physically have to be there. If they're actually in session for that day, and they take a recess, the 19 Senate Republicans could then go into action and they'd have quorum because it's turned out that way. So we're double checking that. If you heard I was going to talk to them that's the only reason why."
In other words, Walker's plan was to bring Dems back under false pretenses, set the trap, then screw them over. So much for the notion of acting in good faith
And third, when the Koch impersonator suggested a scheme involving "planting some troublemakers" among the protestors, Walker conceded, "[W]e thought about that," before explaining that he questioned its impact. Perhaps the governor's office can clarify this one -- it's certainly not what the governor has been saying "in public.
Walker: Hi; this is Scott Walker.OK. So I am offering one-stop-shopping for this news event and commentary on it. Feel free to add comments yourself and even links to other good comments.
Koch: Scott! David Koch. How are you?
Walker: Hey, David! I'm good. And yourself?
Koch: I'm very well. I'm a little disheartened by the situation there, but, uh, what's the latest?
Walker: Well, we're actually hanging pretty tough. I mean-you know, amazingly there's a much smaller group of protesters-almost all of whom are in from other states today. The State Assembly is taking the bill up-getting it all the way to the last point it can be at where it's unamendable. But they're waiting to pass it until the Senate's-the Senate Democrats, excuse me, the assembly Democrats have about a hundred amendments they're going through. The state Senate still has the 14 members missing but what they're doing today is bringing up all sorts of other non-fiscal items, many of which are things members in the Democratic side care about. And each day we're going to ratchet it up a little bit.... The Senate majority leader had a great plan he told about this morning-he told the Senate Democrats about and he's going to announce it later today, and that is: The Senate organization committee is going to meet and pass a rule that says if you don't show up for two consecutive days on a session day-in the state Senate, the Senate chief clerk-it's a little procedural thing here, but-can actually have your payroll stopped from being automatically deducted-
Koch: Beautiful.
Walker: - into your checking account and instead-you still get a check, but the check has to be personally picked up and he's instructing them - which we just loved - to lock them in their desk on the floor of the state Senate.
Koch: Now you're not talking to any of these Democrat bastards, are you?
Walker: Ah, I - there's one guy that's actually voted with me on a bunch of things I called on Saturday for about 45 minutes, mainly to tell him that while I appreciate his friendship and he's worked with us on other things, to tell him I wasn't going to budge.
Koch: Goddamn right!
Walker: ...his name is Tim Cullen-
Koch: All right, I'll have to give that man a call.
Walker: Well, actually, in his case I wouldn't call him and I'll tell you why: he's pretty reasonable but he's not one of us...
Koch: Now who can we get to budge on this collective bargaining?
Walker: ...I think the paycheck will have an impact...secondly, one of the things we're looking at next...we're still waiting on an opinion to see if the unions have been paying to put these guys up out of state. We think there's at minimum an ethics violation if not an outright felony.
Koch: Well, they're probably putting hobos in suits.
Walker: Yeah.
Koch: That's what we do. Sometimes.
Walker: I mean paying for the senators to be put up. I know they're paying for these guy-I mean, people can pay for protesters to come in and that's not an ethics code, but, I mean, literally if the unions are paying the 14 senators-their food, their lodging, anything like that...[*** Important regarding his later acceptance of a Koch offer to "show him a good time." ***]
[I was stunned. I am stunned. In the interest of expediting the release of this story, here are the juiciest bits:]
Walker: ...I've got layoff notices ready...
Koch: Beautiful; beautiful. Gotta crush that union.
Walker: [bragging about how he doesn't budge]...I would be willing to sit down and talk to him, the assembly Democrat leader, plus the other two Republican leaders-talk, not negotiate and listen to what they have to say if they will in turn-but I'll only do it if all 14 of them will come back and sit down in the state assembly...legally, we believe, once they've gone into session, they don't physically have to be there. If they're actually in session for that day, and they take a recess, the 19 Senate Republicans could then go into action and they'd have quorum...so we're double checking that. If you heard I was going to talk to them that's the only reason why. We'd only do it if they came back to the capital with all 14 of them...
Koch: Bring a baseball bat. That's what I'd do.
Walker: I have one in my office; you'd be happy with that. I have a slugger with my name on it.
Koch: Beautiful.
Walker: [union-bashing...]
Koch: Beautiful.
Walker: So this is ground zero, there's no doubt about it. [Talks about a "great" NYT piece of "objective journalism." Talks about how most private blue-collar workers have turned against public, unionized workers.]...So I went through and called a handful, a dozen or so lawmakers I worry about each day and said, "Everyone, we should get that story printed out and send it to anyone giving you grief."
Koch: Goddamn right! We, uh, we sent, uh, Andrew Breitbart down there.
Walker:Yeah.
Koch: Yeah.
Walker: Good stuff.
Koch: He's our man, you know.
Walker: [blah about his press conferences, attacking Obama, and all the great press he's getting.] Brian [Sadoval], the new Governor of Nevada, called me the last night he said-he was out in the Lincoln Day Circuit in the last two weekends and he was kidding me, he said, "Scott, don't come to Nevada because I'd be afraid you beat me running for governor." That's all they want to talk about is what are you doing to help the governor of Wisconsin. I talk to Kasich every day - John's gotta stand firm in Ohio. I think we could do the same thing with Vic Scott in Florida. I think, uh, Snyder - if he got a little more support - probably could do that in Michigan. You start going down the list there's a lot of us new governors that got elected to do something big.
Koch: You're the first domino.
Walker: Yep. This is our moment.
Koch: Now what else could we do for you down there?
Walker: Well the biggest thing would be-and your guy on the ground [Americans For Prosperity president Tim Phillips] is probably seeing this [stuff about all the people protesting, and some of them flip him off].
[Abrupt end of first recording, and start of second.]
Walker: [Bullshit about doing the right thing and getting flipped off by "union bulls," and the decreasing number of protesters. Or some such.]
Koch: We'll back you any way we can. What we were thinking about the crowd was, uh, was planting some troublemakers.
Walker: You know, well, the only problem with that - because we thought about that. The problem - the, my only gut reaction to that is right now the lawmakers I've talked to have just completely had it with them, the public is not really fond of this...[explains that planting troublemakers may not work.] My only fear would be if there's a ruckus caused is that maybe the governor has to settle to solve all these problems...[something about '60s liberals.]...Let 'em protest all they want...Sooner or later the media stops finding it interesting.
Koch: Well, not the liberal bastards on MSNBC.
Walker: Oh yeah, but who watches that? I went on "Morning Joe" this morning. I like it because I just like being combative with those guys, but, uh. You know they're off the deep end.
Koch: Joe-Joe's a good guy. He's one of us.
Walker: Yeah, he's all right. He was fair to me...[bashes NY Senator Chuck Schumer, who was also on the program.]
Koch: Beautiful; beautiful. You gotta love that Mika Brzezinski; she's a real piece of ass.
Walker: Oh yeah. [story about when he hung out with human pig Jim Sensenbrenner at some D.C. function and he was sitting next to Brzezinski and her father, and their guest was David Axelrod. He introduced himself.]
Koch: That son of a bitch!
Walker: Yeah no kidding huh?...
Koch: Well, good; good. Good catching up with ya'.
Walker: This is an exciting time [blah, blah, blah, Super Bowl reference followed by an odd story of pulling out a picture of Ronald Reagan and explaining to his staff the plan to crush the union the same way Reagan fired the air traffic controllers]...that was the first crack in the Berlin Wall because the Communists then knew Reagan wasn't a pushover. [Blah, blah, blah. He's exactly like Reagan. Won't shut up about how awesome he is.]
Koch: [Laughs] Well, I tell you what, Scott: once you crush these bastards I'll fly you out to Cali and really show you a good time.
Walker: All right, that would be outstanding. [*** Ethical violation much? ***] Thanks for all the support...it's all about getting our freedoms back...
Koch: Absolutely. And, you know, we have a little bit of a vested interest as well. [Laughs]
Walker: [Blah] Thanks a million!
Koch: Bye-bye!
Walker: Bye.
I. To Form a More perfect UnionThe state Republican Party platform in Texas from two years ago matches the current one from Maine in idiocy. Here is a link to the 2008 Texas Republican Party Platform. (In .pdf format.)
- a. All legislation must adhere to the restrictions outlined in the Constitution to protect the individual from intrusive government.
- b. Direct the State of Maine to join with other states in asserting our 10th amendment sovereignty rights which protect us from unconstitutional federal government intrusions.
- c. Insist on strict adherence to our 2nd amendment right to keep and bear arms.
- d. Pass a “Read the Bill” act, to insure clarity, and eliminate the corruption associated with side issues, earmarks, pork or riders.
- e. Oppose “Localism and Diversity”, the Fairness Doctrine or whatever else such attempted restrictions are labeled. Any restriction on speech is by definition NOT free speech.
- f. Reject the Employee free -choice Elimination- act, as an unconscionable affront to the right to a secret vote.
- g. Restore integrity to the electoral process:
- i. Prohibit any public funding of advocacy groups such as ACORN, no matter what it or its affiliate organizations rename themselves; New York Communities for Change, New England United for Justice etc.; Conduct thorough investigation of their activities and voter fraud and prosecute violations.
- ii .Eliminate motor voter and other voter fraud mechanisms; institute secure voter registration and identification systems.
- iii. Reject any effort to give foreign citizens the right to vote in the US in any situation or capacity.
II. To Establish Justice:
- h.Oppose any and all treaties with the UN or any other organization or country which surrenders US sovereignty. Specifically:
- i. Reject the UN Treaty on Rights of the Child.
- ii. Reject “LOST” the Law Of The Sea Treaty.
- iii. Reject any agreement which seeks to confiscate our firearms.
- i. Restore the process of assimilation of immigrants to preserve the benefits of an advanced educated and prosperous society. Rescind Maine’s sanctuary State status. No amnesty, no benefits, no citizenship -ever- for anyone in the country illegally. Arrest and detain, for a specified period of time, anyone here illegally, and then deport, period.
- j. Pass a Congressional reform act which includes the following provisions:
- i. Term Limits: 12 years only, in any capacity.
- 1.Two Six year Senate terms
- 2.Six Two year House terms
- 3.One Six year Senate term and three Two Year House terms
- ii. No Pension
- iii. Congress participates in Social Security under the same rules as the general public.
- iv. Congress can no longer vote themselves a pay raise.
- v. Congress participates in the same health care plan as the general public. No preferential plans or treatment.
- vi.Congress is subject to and must abide by all the laws they impose on the general public.
III. To Insure Domestic tranquility:
- a. Restore “Constitutional law” as the basis for the Judiciary.
- b. Reassert the principle that “Freedom of Religion” does not mean “freedom from religion”.
IV. To Provide for the Common Defense:
- a. Promote family values.
- i. Marriage is an institution between a man and a woman.
- ii. Parents, not government, are responsible for making decisions in the best interest of their children, whether disciplinary, educational, or medical.
- iii. We recognize the sanctity of life, which includes the unborn.
V. To Promote the General Welfare:
- a. Discard political correctness, make public the declaration of war (Jihad), made against the US on 23 Feb 1998, and fight the war against the United States by radical Islam to win.
- b. Seal the border and protect US citizens along the border and everywhere, as is the prime directive of the Federal Government.
- a. Return to the principles of Austrian Economics, and redirect the economy back to one of incentives to save and invest.
- b. Cut spending, balance the budget, and institute a plan for paying down debt. Proclaim that generational debt shifting is immoral and unconscionable and will not be tolerated!
- c. Pass and implement Fed bill #1207 (Introduced by Ron Paul), to Audit the Federal Reserve, as the first step in Ending the Fed.
- d. Return to transparent and honest reporting of economic statistics free of gimmicks and distortions.
- e. Require the government and all its agencies adhere to the same GAAP accounting rules that businesses must follow.
- f. Restore the provisions of welfare reform removed with the stimulus bill.
- g. Defeat Cap and Trade, investigate collusion between government and industry in the global warming myth, and prosecute any illegal collusion.
- h. Freeze current stimulus funds, prohibit any further stimulus bills, and apply all unspent funds towards the debt they created.
- i. Promote energy independence aggressively by removing the obstacles created by government to allow private development of our resources; natural gas, oil, coal, and nuclear power.
- j. Institute Zero based budgeting on all programs.
- k. Espouse and follow the principle: It is immoral to steal the property rightfully earned by one person, and give it to another who has no claim or right to its benefits.
- l. Clarify that healthcare is not a right. It is a service. As a compassionate society we will aid those in need. However, the government takeover of healthcare is not only unconstitutional, but detrimental to the entire healthcare system. Only market based solutions will solve the problems.
- i. In the state of Maine:
- 1. Remove the restrictions on health providers, (as was done in New Hampshire), to increase competition, drive down the costs, and increase the options available.
- a. Bring Maine standards in line with national average.
- b. Allow purchase of insurance across state lines. LD 290
- c. Enact tort reform as exemplified by Texas.
- d. Eliminate Dirigo
VI. To Secure the Blessings of Liberty:
- a. Restore a vigorous grounding in the history and precepts of liberty, freedom, and the constitution to the educational process. As Thomas Jefferson said, “If a nation expects to be ignorant and free, in a state of civilization, it expects what never was and never will be.”
- i. Eliminate the Department of Education and restore schools to local control as specified in the constitution.
- b. Repeal and prohibit any participation in efforts to create a one world government.
How many times have you heard, "The private sector does everything more efficiently and effectively than government?" Right. Not this time. Leaking Oil Well Lacked Safeguard Device,Let's not forget that of the 129 member crew on board when the (still unexplained) explosion occurred, 11 are missing and presumed dead, while seven others are critically injured. Add this to the cost our hunger for more and more cheap energy on top of the recent deaths of 29 coal miners as a result of Don Massey refusing to act to dig coal safely.The oil well spewing crude into the Gulf of Mexico didn't have a remote-control shut-off switch used in two other major oil-producing nations as last-resort protection against underwater spills.So once again the private sector screwed up and created a disaster that is way, way beyond private capabilities to fix things... and again it is government to the rescue: US military joins Gulf of Mexico oil spill effort. But government coming in after the fact to clean things up after the private sector created a major disaster is a very expensive way to do things. Maybe we ought to revisit that "government is bad" ideology that let's this kind of thing happen over and over again.
Anti-government ideology? Deregulation ideology? I wonder where it comes from? Well, all that Koch money you may have been hearing about, funding the Tea Party movement, funding the climate deniers, funding all that anti-government, anti-regulation crap -- that's oil money. Exxon, Schell and BP are in that mix as well.
This stuff follows a model developed by the tobacco companies to keep their franchise going after it became clear they were profiting from a product that was killing people. The model is to fund a political movement to throw as much smoke as possible in the air -- "doubt is our product" -- get people arguing about "personal responsibility" instead of our community responsibilities to each other, and turn people against government so it can't regulate. It works: tobacco still kills over 400,000 Americans a year and it's still legal -- and still very, very profitable. Revise and extend the model and you have today's conservative movement - a pay for play operation serving the biggest companies.
Meanwhile, here is one more reason the big corporations are opposing things like wind energy: Wind's latest problem: it ... makes power too cheap.Perhaps this is beginning to sound a bit like class warfare. Well isn't it? This is the wealthy investors in older energy sources like coal and oil spending the lives of workers to build their profits. And are they willing to share their profits? Of course not. Consider the attitude of Pete Peterson and Bob Rubin as they work to reduce the American deficit. The deficit is scary and dangerous, so someone is going to have to sacrifice to reduce the deficit. Think the extremely wealth Peterson and Rubin are offering to sacrifice some of their wealth to the effort? Here is a sample of their attitude:The key thing here is that we are beginning to unveil what I've labelled the dirty secret of wind: utilities don't like wind not because it's not competitive, but because it brings prices down for their existing assets, thus lowering their revenues and their profits.
"Peter Peterson and Robert Rubin are both enormously wealthy men. (They joked about dividing their lunch tab based on their net worth.) They are lecturing the country on the need to cut Social Security and Medicare benefits for retirees who have a tiny fraction of their wealth. Many of the victims of the cuts that they would push are people who are already struggling."Of course the aristocrats are not going to sacrifice any of the wealth they control. Think Don Massey is going to spend "His" money to make digging coal safer for coal miners. Peterson and Rubin (among others) are working hard to take money from those on Social Security and government operated health care. What they can't get in taxes (such as those that backed the Wall Street bailouts) they will fight to get through the banks by predatory lending. Consider the usury of Pay Day lending, or the sub prime loans required by working people to buy a car from someplace that does not check credit. Since the wealthy prevent building public transportation, the workers have to buy the overpriced crap used cars with overpriced sub prime loans. And the wealthy get richer. See Massey, Rubin and Peterson as examples.
[H/t to Digby at Hullabaloo.]
This Klan crumbled in the late 1920s under the weight of internal political warfare and corruption; many of its field organizers later turned up in William Dudley Pelley’s overtly fascist Silver Shirts organization of the 1930s. After World War II, most of these groups – as well as the renowned anti-Semite radio preacher Father Charles Coughlin, and lingering American fascist groups like George Lincoln Rockwell’s American Nazi Party – were fully relegated to fringe status. So, too, were subsequent attempts at reviving right-wing populism, embodied by Willis Carto and his Populist Party, as well as other forms of right-wing populism that cropped up in the latter half of the century, from Robert DePugh’s vigilante/domestic terrorist organization The Minutemen in the 1960s, to the Posse Comitatus and “constitutionalist” tax protesters in the 1970s and ‘80s, to the “militia”/Patriot movement of the 1990s. As it had been since at least the 1920s, this brand of populism was riddled with conspiracist paranoia, xenophobic white tribalism, and a propensity for extreme violence.So Niewert points to George W. Bush, to Rep. Ron Paul, and to John McCain as the culprits for creating Sarah Palin as the new face of the modern Republican Party. The Republicans have flirted with the the fringe right-wingers, but they didn't invite them in to take over. But then came the collapse of mainstream and Wall Street Republicanism in the wake of the disaster of the Bush years. Ron Paul had run for President on the mildly sanitized right-wing fringe ideas and had introduced those ideas to mainstream Republicans in 2008 even as those Republicans recognized the disaster that mainstream Republicanism was facing in the next election. When John McCain ran for President he was rather soundly rejected by even most of the Republicans. So he reached out and pulled in the right-wing fringe cult figure from Alaska, Sarah Palin.
Yet beginning in the 1990s, as mainstream conservatives built more and more ideological bridges with this sector – reflected in the increasing adoption of far-right rhetoric within the mainstream – the strands of populism became more and more imbedded in mainstream-conservative dogma, particularly the deep, visceral, and often irrational hatred of the federal government. One of the more popular "mainstream" figure among this bloc in the 1990s was Rep. Ron Paul of Texas. And so when he created something of a sensation with is campaign for the Republican nomination in 2008, it meant that these ideas and agendas started receiving widespread circulation among the mainstream Right -- and with it, an increasing number of conservatives who called themselves "libertarians", when what they really meant was "populists."
Protesters who attended Saturday’s Tea Party rally in Washington found a new reason to be upset: Apparently they are unhappy with the level of service provided by the subway system.Steve Benen points out
Rep. Kevin Brady called for a government investigation into whether the government-run subway system adequately prepared for this weekend’s rally to protest government spending and government services.
Seriously.
The Texas Republican on Wednesday released a letter he sent to Washington’s Metro system complaining that the taxpayer-funded subway system was unable to properly transport protesters to the rally to protest government spending and expansion.
“These individuals came all the way from Southeast Texas to protest the excessive spending and growing government intrusion by the 111th Congress and the new Obama administration,” Brady wrote. “These participants, whose tax dollars were used to create and maintain this public transit system, were frustrated and disappointed that our nation’s capital did not make a great effort to simply provide a basic level of transit for them.”
A spokesman for Brady says that “there weren’t enough cars and there weren’t enough trains.”
Apparently, Brady heard complaints from some of his constituents who traveled to D.C. to protest "big government." They were disappointed to discover, however, that the government had done more to satisfy their public-transportation expectations, and now want other government officials to address the problem.Is it any wonder that the Bush administration, which was administered to suit the demands of conservatives like these teabaggers, failed utterly to function even adequately? It's irrationalism in action.
In some instances, Brady said constituents relied on private enterprise -- taxi cabs -- rather than the (ahem) public option. The conservative lawmaker described this as a bad thing. Local officials, Brady said, should have made "a great effort to simply provide a basic level of transit" to the public.
Read that sentence again and replace "transit" with "health care coverage."
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