Axelrod Scores: It was a ‘Tea Party Downgrade’

By |August 8th, 2011|

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

By |August 7th, 2011|

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)

By |August 5th, 2011|

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

By |August 5th, 2011|

**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

By |August 4th, 2011|

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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Florida, Florida…

By |August 4th, 2011|

From Quinnipiac: The national debt ceiling deal does not rescue President Barack Obama's crashing job approval rating in Florida as he gets a negative 44 - 51 percent score among voters surveyed August 1 - 2, after the deal was announced, compared to a negative 44 - 50 percent score among voters surveyed July 27 [...]

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Romney Hits Obama on China… and Scores

By |August 4th, 2011|

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What Would Teddy Think Today?

By |August 4th, 2011|

Depends on which Edward M. Kennedy you'd ask. Teddy Kennedy of 1978, who stood up to challenge Jimmy Carter no matter the cost, he might have one opinion of Barack Obama's presidency. I remember that Kennedy, while I stood in gas lines in New York City and watched how helpless America looked during the Iranian [...]

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Barack Obama on a Bus Pitching Jobs

By |August 3rd, 2011|

"Pivot [to jobs] is not an appropriate word. It is continuing the focus we have had..." (Via Sam Stein on Twitter) That is the funniest thing I've read today, until I read this... From The Hill: President Obama will travel the Midwest by bus this summer to talk up the White House's job-creation efforts and [...]

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Bill Clinton Played Hardball and Won, Obama Paid Ransom and America Lost

By |August 3rd, 2011|

"(Pres. Bill Clinton) beat the hell out of us first, for a year. He pummeled us for a year. ... He didn't roll over the second we walked in. ... Then he out-negotiated us for a year. He brought us to our knees." - Joe Scarborough Visit msnbc.com for breaking news, world news, and news [...]

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