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New Yorkers & Obama

Hey, they like spine. Quinnipiac (via Halperin): New York State voters disapprove 49 – 45 percent of the job President Obama is doing, a huge drop from his 57 – 38 percent approval June 29 and the first time the president ever has had a negative score in New York, according to a Quinnipiac University [...]

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11th Circuit Appeals Court: Individual Mandate Unconstitutional

The 2-1 ruling marks the first time a judge appointed by a Democrat has voted to strike down the mandate. Judge Frank Hull, who was nominated by former President Bill Clinton, joined Chief Judge Joel Dubina, who was appointed by George H.W. Bush, to strike down the mandate. – Politico More from Reuters: An appeals [...]

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Two Parties = Too Few Choices Part III

Joyce L. Arnold: Liberal, lesbian, Independent, equality activist, writer. Pew Research: Democrats Not Eager for an Obama Challenger Writing in the August 6, NYTimes, Drew Westen’s “What Happened to Obama?” received a lot of attention. I think it’s a good read, but also think he’s asking the wrong question. What “happened” wasn’t something done “to” [...]

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Romney Gets Into it in Iowa

“If you don’t like my answer, you can go vote for someone else,” he said. “If you want someone who will raise taxes, you can vote for Barack Obama.” – Romney gets in heated exchange with hecklers at Iowa State Fair The exchange came on the same day as what’s being billed as a big [...]

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Romney Raised Taxes to Get S&P to React

(…and other disingenuous moves by Republicans meant to fake out the people)

As Republican presidential hopefuls descended on Iowa for their second major debate on Thursday in Ames, the return of Mr. Romney came at a turning point in his candidacy. His wait-and-see approach toward campaigning in Iowa has been complicated by the expected candidacy of Gov. Rick Perry of Texas, whose strategy includes waging a full [...]

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It’s Official, We’re Screwed

As McConnell and Boehner make their picks for the Super Congress, Pres. Obama must survey the land he helped create, while Democrats swallow hard that they’ve lost any chance to change the economic narrative and aid the working class. The President is not a progressive – he is not what Americans still call a “liberal.” [...]

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Republicans Plummet in Popularity After Debt Ceiling Debacle

This isn’t easy to do: have a lower approval than Republicans during Pres. Bill Clinton’s impeachment. So, the Tea Party, who gained in 2010, through Obama and Democrats caving on the Bush tax cut extensions last December, but also through the White House’s cut-cut-cut 2011 austerity budget, then the debt ceiling negotiations, have finally brought [...]

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Scorched Earth is Nothing New for Obama

It’s panic at 1600. The daily Gallup is depressing by itself, but amidst the economic carnage and America losing our AAA status under Obama’s watch, which will make for a snappy negative GOP ad, everyone is girding their loins for the battle. But really, folks, have people forgotten Alice Palmer? Remember Obama hinting Hillary was [...]

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That 1979 Feeling

Ten years into our involvement in the war in Afghanistan, in the mountains southwest of Kabul in the Tangi Valley, an elite group of Army Rangers were pinned down in a fight, when they called in their “Immediate Reaction Force,” according to reporting by Danger Room. It would be another elite U.S. fighting force, Navy [...]

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Market Rout Continues – Dow Down Over 600 Points, Closes Below 11,000

The Dow Jones Industrial Average fell over 600 points Monday after a one-two punch: the first-ever Standard & Poor’s downgrade of U.S. debt, then the downgrading of govenment-backed mortgage debt. The Dow’s one-day drop of more than 600 points was its biggest point loss in a single day since December, 1 2008. The Nasdaq dropped [...]

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Axelrod Scores: It was a ‘Tea Party Downgrade’

Former White House adviser David Axelrod on Sunday pinned responsibility for the recent U.S. economic downgrade on the Tea Party movement, arguing that the group’s political “brinksmanship” during debt ceiling negotiations “brought us to the brink of a default” — and that, subsequently, “this is essentially a Tea Party downgrade.” – CBS News Absolutely. The [...]

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George W. Bush’s Economy was Even Worse than Obama Knew

Visit msnbc.com for breaking news, world news, and news about the economy As insults fly between political parties as well as the U.S. and S&P, with nations like China chirping in, all the rest of us are left to do is wait. Republicans insisted on a disastrous debt ceiling deal, but it was Pres. Obama [...]

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A Friendly Rebuttal to David Sirota (from the ultimate outsider – a former Clintonite)

David Sirota has taken up the multi-dimensional chess argument for Obama, though in a different way than his loyalists and fan boys. David begins by excusing the results we’ve had so far as simply being that he isn’t a liberal. Well, that’s an understatement, but then he says Obama is a “bizarro FDR.” Sirota is [...]

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ABC News: The Deserved Downgrade Cometh

**UPDATED** From Jake Tapper: A government official tells ABC News that the federal government is expecting and preparing for bond rating agency Standard & Poor’s to downgrade the rating of US debt from its current AAA value. Pres. Obama makes more history, just not the kind he’d hoped. Quite an accomplishment for sure and one [...]

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So Much for Optimism

Paul Krugman tells the story, but here are the bloody facts: At the close, the Standard & Poor’s 500-stock index was down 60.27 points, or 4.78 percent, to 1,200.07. The Dow Jones industrial average was off 512.76 points, or 4.31 percent, to 11,383.68, and the Nasdaq was down 136.68, or 5.08 percent, to 2,556.39. It [...]

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