Wisconsin News: Democrats Win 2 out of 6

By |August 9th, 2011|

**UPDATED** To update, The Fix has the whole story today. It wasn't enough to take back the Senate, but it's a beginning that could mean something very big by the time 2012 rolls around. I've got one thing to say about that: Run, Russ, Run. Consider this an open thread. Good coverage from Ed Schultz, [...]

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That 1979 Feeling

By |August 9th, 2011|

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

By |August 8th, 2011|

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’

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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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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Romney Hits Obama on China… and Scores

By |August 4th, 2011|

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Matt Damon on Teachers

By |August 3rd, 2011|

Pres. Obama has already telegraphed that he's ready to work with Republicans, as the Administration prepares to privatize education, while changing the public school system under the mantel of "reform." Matt Damon played offense recently and he effusively heaped praise on the teachers who don't get paid enough and take way too much grief for [...]

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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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