WHAT A spectacle. Politico has a transcript, with O’Reilly yelling “You are lying, you are lying!,” then wishing he hadn’t. The exchange continued as O’Reilly again demanded that Colmes, and later Crowley, name one specific program that Obama said he would cut. As the segment wrapped up, O’Reilly then asked, “Did I go overboard there?”, [...]
Tag Archives | sequester
In Not Shocking News From “Sequestered” DC Electeds
Where to put the emphasis? On Republican efforts to “avoid a showdown”? Obama’s efforts to “resolve fiscal fights” by calling the “opposition”? Or Dems abandoning “strong opposition” to the “GOP spending bill”? Can anyone even pretend to be surprised at any of this? Obama being Obama. Republicans being Republicans. Democrats being Democrats. We the People [...]
It’s Great to Be A Corporation in The Golden Age of Profits
THE GRAPH above says it all and there’s more where it came from over at The Atlantic, in a post by Derek Thompson. Here are two things that are true about the economy today. (1) The Dow Jones industrial average is poised to set a new record as corporate profits stretch to all-time highs. (2) [...]
Obama, and Duncan’s Sequester Claims Both Get 4 Pinocchios, with an Asterisk *Updated*
“Starting tomorrow everybody here, all the folks who are cleaning the floors at the Capitol. Now that Congress has left, somebody’s going to be vacuuming and cleaning those floors and throwing out the garbage. They’re going to have less pay. The janitors, the security guards, they just got a pay cut, and they’ve got to [...]
Is Sequester a Good Thing?
Ian Welsh offers this short, to the point, analysis: The Sequester is a Good Thing … because it’s about time people understood what government does. This was agreed to by both parties, there are other options Obama could use to get out of it, he has chosen not to. This is bipartisan, and Americans need [...]
The Entire Political Press World is Laughing at Bob Woodward [Video] *Updated*
THE GRAPHIC above is from Gawker, with John Wood doing a massive take down of Bob Woodward, who is getting pilloried by the press and established journalists. The graphic is apt, because Woodward went out on a limb and his colleagues sawed it off. Wood also goes back over Woodward’s career, including the Watergate tale, [...]
Boehner Joins House Extremists to Save His Speakership
“The revenue issue is now closed,” Mr. Boehner said Thursday, before the House left town for the weekend without acting on the cuts and a Senate attempt to avert them died. Mr. Boehner said the dispute with Democrats amounted to a question of “how much more money do we want to steal from the American [...]
Today in Lesser Evildom: The Super Sequestration, Now Playing Live in DC
Obama is clearly winning in the current version of the Duopoly battles. That includes, but isn’t limited to, the Super Sequestration Deficit Cliff Grand Bargain production, brought to us, unfortunately, by DC Electeds on behalf of those for whom they actually work. In this act of the Obama Years segment of the ongoing theatre that [...]
From Reporter to Economic Activist, Bob Woodward In White House Crosshairs [Email Text]
“You’re focusing on a few specific trees that give a very wrong impression of the forest. But perhaps we will just not see eye to eye here. … I think you will regret staking out that claim.” – Gene Sperling to Bob Woodward GENE SPERLING‘s conversation with Bob Woodward has exploded into a tale where [...]
Republicans Unraveling Over Sequester
“We have moved a bill in the House twice. We should not have to move a third bill before the Senate gets off their ass and begins to do something.” – Speaker John Boehner [The Hill] ROCK, HARD PLACE, meet John Boehner. President Obama here in Virginia, a state that’s getting slammed by sequester. “These [...]
Obama Gets Aggressive on Sequester Marketing with State by State Impact Reports
PRESIDENT OBAMA is leaving no angle untouched, starting with the chart above, which shows what’s been done on Obama’s watch. If you compare the spending to Pres. George W. Bush, who was like a kid with a credit card and a massive hunger for self-destruction, there is absolutely no case to make against this White [...]
Is Obama Overconfident in the Sequestration Battle?
At Politico, Carrie Budoff and Jake Sherman ask: Is President Obama overplaying sequestration hand? What do you think? I’ve seen this same general point made by different people, in two basic versions. First, as Budoff and Sherman argue, that Obama is “overplaying” his “tough guy” card. Two, that he’s once again convinced that his (behind [...]
Byron York on Sequester: Could GOP Message Be “Any More Self-Defeating?”
The effect of Boehner’s argument is to make Obama seem reasonable in comparison. After all, the president certainly agrees with Boehner that the sequester cuts threaten national security and jobs. The difference is that Obama wants to avoid them. At the same time, Boehner is contributing to Republican confusion on the question of whether the [...]
Obama, Sequester and “Meat Cleaver” Republicans
“If Congress allows this meat-cleaver approach to take place, it will jeopardize our military readiness, it will eviscerate job-creating investments in education and energy and medical research.” – President Obama WIELDING the bully pulpit, President Obama hit Congress hard over the looming sequester cuts that are about to land hard. But Republicans are almost gleeful [...]
News Desk: CBO on Debt, Progressive Caucus Shows Obama & Democrats How to Get Out of This Mess
… If the current laws that govern federal taxes and spending do not change, the budget deficit will shrink this year to $845 billion, or 5.3 percent of gross domestic product (GDP), its smallest size since 2008. In CBO’s baseline projections, deficits continue to shrink over the next few years, falling to 2.4 percent of [...]
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