Saturday, November 10, 2012

A weekend visit to "Some Assembly Required"

As usual, follow link to original.
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http://ckm3.blogspot.com/

Love & Marriage: The CBO notes that reducing the federal budget deficit will cause a decline in GDP and an increase in unemployment. This evil gossip will not pass muster and the Republican Congregation for the Doctrine of the Faith will consign it to the Index Librorum Prohibitorum.

Say Goodnight, Gracie: ECB President Draghi, after saving Greece at least thee times in the last six months, now says the ECB is “done with Greece.” Greece, meanwhile, is self-destructing, with a 58% youth unemployment rate and an increasing fascist movement and no one sees any way out. Certainly the salary and pension cuts forced through the Greek parliament (at Angela's behest) are only going to exacerbate the problem. And it's not just Greece, Italian loan demand has fallen by half and Spain's unemployment is climbing towards 30%. But the leaders keep insisting on austerity. These are not rational people, they are true believers, willing to let the sinners die, and along with them, democracy in Europe.

Nice Guy, Finished At Last: As soon as Romney conceded defeat, his campaign canceled the credit cards issued to staffers – who had to come up with the money to pay for their hotel rooms, cabs, planes home, etc. There's a difference between being financially conservative and being a bastard.

Wages Of Sin: David Petraeus, the Hero of Something or Other, resigned as Director of the CIA either because he had an affair, or because he failed to keep his affair secret. Lockheed Martin fired its incoming CEO for “a close personal relationship with a subordinate”. Keep it zipped, partner.

No Easy Button: It is embarrassing that a nation that has been voting for over 200 years can't figure out how to do it. Florida's reprise of fumblism is a national embarrassment and Obama should live up to his off-hand “we'll fix that” comment. At least this time the various idiots and incompetents attempts to limit the vote and change the results after the fact can't make the rest of the country accept Justice Scalia's choice.
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Friday, November 9, 2012

"Sen. Tammy Baldwin responds to Sen. “Tiny Johnson”s offer to mansplain the budget"

This from "AmericaBlog"  --  please follow link to original
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 http://americablog.com/2012/11/tammy-baldwin-responds-to-ron-johnson.html


I wrote earlier about GOP Tea Party Senator Ron Johnson (R-WI), and how he said he was going to mansplain the budget to incoming Democratic Senator Tammy Baldwin (D-WI).
Here’s what Johnson said yesterday:
Johnson, who ousted Democratic incumbent Russ Feingold to win the state’s other Senate seat two years ago, said he spoke with [Wisconsin Democratic Senator-elect Tammy] Baldwin on the phone Wednesday and congratulated her on the win. He told the AP he looked forward to meeting with her in person soon to discuss the issues facing the country.
Tammy Baldwin“Hopefully I can sit down and lay out for her my best understanding of the federal budget because they’re simply the facts,” he said. “Hopefully she’ll agree with what the facts are and work toward common sense solutions.”
Johnson had previously explained that the reason President Obama won is because unintelligent Democrats aren’t very good with numbers:

Johnson attributed Obama’s win on the heels of those Republican gains in Wisconsin to an uninformed electorate who voted in this election but not in the [Scott] Walker recall.“If you aren’t properly informed, if you don’t understand the problems facing this nation, you are that much more prone to falling prey to demagoguing solutions. And the problem with demagoguing solutions is they don’t work,” Johnson said. “I am concerned about people who don’t fully understand the very ugly math we are facing in this country.”
Tammy has now responded, and since I’ve never fully understood whether the term “bitch-slap” is sexist, I won’t use it here.  But it’s difficult to find another way to describe Baldwin’s delicious reply to Tiny Johnson.
Via Amanda Terkel at HuffPo:
“I was a double major in college in mathematics and political science, and I served for six years on the House Budget Committee in my first six years in the House,” Baldwin responded in an interview with The Huffington Post on Friday.
“And I am very confident that when proposals come before the U.S. Senate, I will be able to evaluate them as to how they benefit or harm middle-class Wisconsinites. A yardstick of ‘does it create jobs,’ ‘does it lower the deficit’ and ‘does it help grow the middle class’ is an important one. I’m quite confident that I have those abilities,” she added.

MINNESOTA: "Ex-Gay Therapist" Charged With Sexual Assault On Male Clients

See, it's NOT just The Roman Catholics!  I mean, it IS The Roman Catholics  --  and a bunch of other "holy men"/"religious leaders"/tax evading business people pretending to be "religious" to fleece folks (exact same thing as "Religious Leaders").

This from Joe.My.God.  --  follow link,
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http://joemygod.blogspot.com/

A Minnesota pastor has been charged with eight felony counts of sexual assault upon men he was giving "ex-gay therapy." How entirely shocking.

Lakeside Christian Church's senior pastor, the Rev. Ryan J. Muehlhauser, 55, of Cambridge, appeared in court Tuesday on eight felony counts of fourth-degree criminal sexual conduct and remains free pending another hearing next month. Muehlhauser also was a counselor through Robbinsdale-based Outpost Ministries, whose website says it was founded more than 30 years ago to help men and women "break away from gay life" and declares that "all homosexual behavior is sin." Authorities were informed of the alleged assaults from another Outpost counselor, who said the two men told him what had gone on with Muehlhauser. According to the criminal complaint: One of the men told investigators that Muehlhauser "blessed" him by cupping his genitals outside of his clothing several times and that Muehlhauser asked the man to masturbate in front of him for "spiritual strength." Muehlhauser would also fondle the man at times. Their encounters occurred over a period of nearly two years. Another man told investigators of similar encounters spanning most of this year, adding that Muehlhauser feared he would "lose everything" if anyone found out. At one encounter, Muehlhauser fondled the man and then the two joined the pastor's wife for a dinner outing.
The totally not-gay pastor works for Outpost Ministries, who is refusing to return calls from the press. From their website:
Outpost Ministries exists to help the sexually and relationally broken find healing and restoration through relationship with Jesus Christ. Outpost was formed over 30 years ago to meet the needs of men and women making the decision to break away from gay life. We strive to deal with individuals as whole persons, not merely sexual beings. We offer teaching, encouragement and support to individuals, families and the Church. Outpost emphasizes obedience to God's Word, which begins the healing process. As we grow in our submission to Jesus Christ, we also grow in friendship with Him. It is in relationship with Jesus that we are healed and transformed.

Dan Savage Takes Down Tony Perkins


Bob Murray made his miners be a Romney backdrop. Now he's laying them off for political points. by Laura Clawson Reposted from Daily Kos Labor

This from "Daily Kos"  --  proof that actual Republican actions (antics?) are dumber than anything satirists can come up with.  Please follow link to original
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http://www.dailykos.com/

Bob Murray, the CEO of Murray Energy who made his miners lose a day's pay to serve as a backdrop for Mitt Romney and who pressures his salaried employees to write checks to his favorite candidates, is just not ready to stop campaigning against President Barack Obama. And as usual, he's using his workers as pawns for his politics.

Robert E. Murray read a prayer to a group of company staff members on the day after the election, lamenting the direction of the country and asking: "Lord, please forgive me and anyone with me in Murray Energy Corp. for the decisions that we are now forced to make to preserve the very existence of any of the enterprises that you have helped us build." On Wednesday, Murray also laid off 54 people at American Coal, one of his subsidiary companies, and 102 at Utah American Energy, blaming a "war on coal" by the administration of President Barack Obama.
Yes, Lord, forgive Murray for firing people to make a bullshit political point the day after the election. That would be a good use of divine forgiveness. But anyone, deity or human, tempted to forgive Bob Murray for anything in his life should remember that this is who he is:
Besides American Century, Murray's company, the largest independent coal operator in the country, also owns, via a subsidiary, the Crandall Canyon Mine in Utah. Five years ago this month, six miners and three rescue workers were killed in that mine. Murray showed his true colors with his belligerent behavior after the accident. The Mine Safety and Health Administration fined the operation more than $1.85 million for violations that it says directly contributed to the deaths. Murray had said the violations were trivial and lied about one of the them, withholding information from the federal government about a dangerous mining technique the company decided to use to meet its coal quota just before the lethal collapse. Murray has lobbied against new safety regulations, arguing that these are "playing politics with the safety of my employees."
Firing 156 people and blaming it on an election is totally consistent with who Bob Murray is. He's evil. He's putting these people out of work just to make a political point without basis in fact, since coal industry woes come from the "free market" so beloved of Republicans, coal jobs aren't collapsing (Murray aside), and all this whining is stuff we've heard before from coal executives only to have their industry survive. As a Reddit user who said s/he was among those laid off wrote, "Despite the fact that nothing has changed in the two days since the election they decide to lay off employees. I've seen how corrupt the company can be over the years and am fairly certain the layoffs are just a way to make the President look bad."

Come, Drink In Delusional Mitt Romney’s Election-Night Sadness With Us by Josh Fruhlinger

This from "Wonkette"  --  follow link to original
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http://wonkette.com/489407/come-drink-in-delusional-mitt-romneys-election-night-sadness-with-us

Oh boy, we have now reached our favorite part of the election cycle: the end! It’s great because (a) the stressful part is over and (b) all the low-level staffers for both campaigns start telling secrets to the reporters that they most want to sleep with. And so it was that the lucky folks at CBS, America’s old-person network, got the scoop on the tragic emotional landscape of the Romney-Ryan campaign’s final night, when everyone’s sincere belief in their inevitable victory ran head-first into reality. Join us for a gleefully annotated summary, after the jump!

Here is the best part of the sad tale of Mitt Romney’s election night: Mitt Romney and his people were totally confident that they were going to win. Unless, of course, they are so determined to maintain a brave face at all times that they feel a need to anonymously leak to the press after the fact that they ran the campaign in a delusional bubble? That would be even weirder, so let’s just take this statement at face value:
Romney and his campaign had gone into the evening confident they had a good path to victory, for emotional and intellectual reasons. The huge and enthusiastic crowds in swing state after swing state in recent weeks — not only for Romney but also for Paul Ryan — bolstered what they believed intellectually: that Obama would not get the kind of turnout he had in 2008.

As a result, they believed the public/media polls were skewed — they thought those polls oversampled Democrats and didn’t reflect Republican enthusiasm. They based their own internal polls on turnout levels more favorable to Romney. That was a grave miscalculation, as they would see on election night.
Let that sink in for a minute: Team Romney was “unskewing” its internal polls, or maybe they were just using the numbers from the Unskewed Polls guy, who knows, but the point here is that they didn’t like the reality they were getting from their own data collection and thus felt a need to fix it to conform to their inner emotional truth like some sort of woo-woo Californian new ager. By contrast, when after the first debate Obama’s people began getting numbers indicating that everyone thought he did a crappy job, the campaign flipped out and Obama agreed to make some changes he wasn’t keen on, because he wanted to win but recognized that he might lose.
So, here’s a hint, future presidential candidates of all stripes: you’re going to get at least 35 percent of the vote in every state of the union, which translates to hundreds of thousands of people. No matter where you go, you will get large and enthusiastic crowds, unless your campaign is a complete disaster à la John McCain. Do not confuse the people who voluntarily show up for your rallies as being representative of the electorate!
Anyway, now that you understand the Romney campaign’s mindset, let’s jump ahead to election day!
Mitt Romney’s campaign got its first hint something was wrong on the afternoon of Election Day, when state campaign workers on the ground began reporting huge turnout in areas favorable to President Obama: northeastern Ohio, northern Virginia, central Florida and Miami-Dade.
Then came the early exit polls that also were favorable to the president.
But it wasn’t until the polls closed that concern turned into alarm. They expected North Carolina to be called early. It wasn’t. They expected Pennsylvania to be up in the air all night; it went early for the President.
After Ohio went for Mr. Obama, it was over, but senior advisers say no one could process it.
This is the part where we wish anonymous low-level campaign staffers could somehow magically convey smell. Because it probably smelled pretty amazing at Romney HQ, right? All flop sweat and burning wires? Anyway, then the ladies wept, and Paul Ryan was too sad to cry:
Romney was stoic as he talked to the president, an aide said, but his wife Ann cried. Running mate Paul Ryan seemed genuinely shocked, the adviser said. Ryan’s wife Janna also was shaken and cried softly.
Next came that concession speech, which wasn’t … bad exactly, just kind of stilted and off-putting, like most of Mitt’s public human interactions but more so. Turns out Romney really did write it at the very last minute, because, as mentioned, he literally thought he was sure to win!
Their emotion was visible on their faces when they walked on stage after Romney finished his remarks, which Romney had hastily composed, knowing he had to say something.
Both wives looked stricken, and Ryan himself seemed grim. They all were thrust on that stage without understanding what had just happened.
Then they went home and took a nap and Mitt Romney will never be the president ever and we’ll never talk about him again, the end. (Ha ha, just kidding, we’ll have lots of articles in the future about whatever dumbshit mandroid antics he’s up to, don’t worry, refresh Wonkette dot com constantly for cruel Mitt Romney coverage.)

Republicans Consider Welcoming People Who Believe in Math and Science Posted by Andy Borowitz

This from "The Borowitz Report"  --  please follow link to original.
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http://www.newyorker.com/online/blogs/borowitzreport/2012/11/republicans-consider-welcoming-people-who-believe-in-math-and-science.html#ixzz2BeNjZmRO

WASHINGTON (The Borowitz Report)—Opting for a bold “big tent” strategy to rebuild the party, Reince Priebus, the chairman of the Republican National Committee, told reporters today, “We need to welcome people who believe in different things than we do, like math and science.”
After disappointing results in Tuesday’s election, Mr. Priebus said that it was time for Republicans to become “more tolerant of those with a math-and-science lifestyle.”
“Just because we don’t believe in those things doesn’t mean we can’t get along with people who do,” he said. “We want to send this message: math and science Americans are Americans, too.”
In the biggest departure from its previous electoral strategy, Mr. Priebus said, the Republican Party is “even considering trying to appeal to women.”
“I read recently that women are as much as fifty-one per cent of the population,” he said. “That number sounded crazy high to me, but maybe one of our new math Republicans can check on it for us.”

The Poisoned Chalice

 http://delong.typepad.com/sdj/2012/11/john-roberts-sam-alito-clarence-thomas-nino-scalia-and-company-handed-mitt-romney-a-poisoned-chalice.html#more

As many of you might know I read Brad DeLong's blog just about every day.  There are times the discussion is too "wonkish" for someone of my limited abilities.  Then there are times when the comments are actually as good as, or better than, the Blog itself.  It behooves every one of you/us to at least look at it every day.  Here is an excerpt from one of the comments  --  no names, and not the entire comment.  Please read:

 Romney ran his campaign like someone selling securities in a private placement (which was his expertise, so he did it well). He just acted as if his lawyers had made all the disclosures about how you can lose all your money and that this whole venture is really speculative, while at the same time telling everyone that this was a sure thing. The real facts, his tax returns and actual policy details, were withheld from scrutiny; he treated the public in the same way. One group he sold in order to get money to run his campaign, they other he sold to for their votes. It never mattered what he said: the assumed fine print was that this is speculative, you can lose all your money and I'm going to do whatever I want, and think I need to do, in order to win.  .......................................................... 
Romney had no moral or ethical policy compass to navigate himself through the campaign, so that the public could clearly know what he stood for and what he intended to do when he took office. The public could smell a rat, especially those who are used to an unfair playing field. ..................................................

The commenter has more to say.  Follow the link above to the Blog.

One thing the commenter makes very clear is the extent of the disconnect between us regular folks and the RICH.  They really didn't have a clue.  It's not just a bubble, it's a total disconnect.  John Edwards was right  --  there really are two Americas, and we happen to have the votes. 


How the GOP’s War on Voting Backfired -- Ari Berman

This from "The Nation", by Ari Berman.  Please follow link to original
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http://www.thenation.com/blog/171146/how-gops-war-voting-backfired?rel=emailNation#

Since the 2010 election, Republicans passed new voting restrictions in more than a dozen states aimed at reducing the turnout of Barack Obama’s “coalition of the ascendant”—young voters, African-Americans and Hispanics.
“This is not rocket science,” Bill Clinton said last year. “They are trying to make the 2012 electorate look more like the 2010 electorate than the 2008 electorate.” By pushing voter suppression laws, Republicans wanted the 2012 electorate to be older, whiter and more conservative than the young and diverse 2008 electorate.
But the GOP’s suppression strategy failed. Ten major restrictive voting laws were blocked in court and turnout among young, black and Hispanic voters increased as a share of the electorate relative to 2008.
Take a look at Ohio, where Ohio Republicans limited early voting hours as a way to decrease the African-American vote, which made up a majority of early voters in cities like Cleveland and Dayton. Early voting did fall relative to 2008 as a result of Ohio Secretary of State Jon Husted’s cutbacks in early voting days and hours, but the overall share of the black electorate increased from 11 percent in 2008 to 15 percent in 2012. More than anything else, that explains why Barack Obama once again carried the state.
I spent the weekend before the election in black churches in Cleveland, and there’s no doubt in my mind that the GOP’s push to curtail the rights of black voters made them even more motivated to cast a ballot. “When they went after big mama’s voting rights, they made all of us mad,” said Reverend Tony Minor, Ohio coordinator of the African American Ministers Leadership Council. According to CBS News: "More African-Americans voted in Ohio, Virginia, North Carolina and Florida than in 2008."
The same thing happened with the Latino vote, which increased as a share of the electorate (from 9 percent in 2008 to 10 percent in 2012) and broke even stronger for Obama than in 2008 (from 67-31 in 2008 to 71-27 in 2012, according to CNN exit polling). The share of the Latino vote increased in swing states like Nevada (up 4 percent), Florida (up 3 percent) and Colorado (up 1 percent). Increased turnout and increased support for Obama among Latinos exceeded the margin of victory for the president in these three swing states.
We’re still waiting on the data to confirm this theory, but a backlash against voter suppression laws could help explain why minority voter turnout increased in 2012. “That’s an extremely reasonable theory to be operating from,” says Matt Barreto, co-founder of Latino Decisions, a Latino-focused polling and research firm. “There were huge organizing efforts in the black, Hispanic and Asian community, more than there would’ve been, as a direct result of the voter suppression efforts.” Groups like the NAACP, National Council of La Raza, National Association of Latino Elected and Appointed Officials, and the Asian-American Legal Defense Fund worked overtime to make sure their constituencies knew their voting rights.
As Andrew Cohen of The Atlantic wrote:
If there is one thing this election has proven, if there is one thing I have come to know, it is that Americans don’t like it when their right to vote is threatened. The very people whose votes the Republicans sought to suppress came out to vote. In places like Akron and Orlando and Denver and Milwaukee, they came. They waited in long lines and endured the indignities of poll workers. Yet they were not cowed. Today is their day. A day when they can look at one another and appreciate that they are truly a part of the history of civil rights in this country.
There are, of course, major caveats to this theory. If voter ID laws had been on the books in states like Pennsylvania and Wisconsin, turnout might’ve shifted in the Republicans’ favor, as the political science literature suggests. (Nate Silver predicted that Pennsylvania’s voter ID law would’ve provided a net 1.2 percent shift to Republican candidates.) We don’t know how many voters were disenfranchised by voter ID laws in states like Kansas and Tennessee or didn’t vote in Florida because of long lines or a felony conviction or were forced to cast a provisional ballot in Ohio that will not be counted. Section 5 of the Voting Rights Act could be invalidated by the Supreme Court, which would be a devastating setback for voting rights, and new voting restrictions that were temporarily blocked in state courts could be ultimately upheld.
But, for now, the momentum is shifting away from the GOP when it comes to voting rights. For the first time, in Minnesota, voters defeated a photo ID ballot initiative.
The measure started with a double-digit lead, but opponents of voter ID were able to convince a purple-state electorate that such laws are unnecessary and discriminatory. This could be a harbinger of things to come in other swing states.
In a recent piece in The Nation, I wrote that voter suppression efforts have become the “new normal” in the GOP. Unless or until Republicans get serious about courting an increasingly diverse and younger electorate, they’ll continue to pass laws to undermine the political power of this growing constituency.
But they’ll do so at their own peril. Racial minorities made up 28 percent of the electorate in 2012, up from 26 percent in 2008, and voted 80 percent for Obama. “Romney matched the best performance among white voters ever for a Republican challenger—and yet he lost decisively in the Electoral College,” wrote Ron Brownstein of National Journal. Minorities also accounted for 45 percent of Obama’s total vote. That means that in the not-so-distant-future, a Democrat will be able to win the presidency without needing a majority of white votes in his or her own coalition. In a country with growing diversity, if one party is committed to expanding the right to vote and the other party is committed to restricting the right to vote, it’s not hard to figure out which one will ultimately be more successful.

Let’s Not Make a Deal By PAUL KRUGMAN

The latest column from Dr. Krugman.  Please follow link to original.

Note:  The main problem Prof. Dr. Dr. Krugman seems to have is that he's been right far more than he's been wrong.  Obviously, the right wing HATES him for that.  Puncturing holes in their highly regarded myths, as he does, and has done, is a capital crime in their eyes.
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http://www.nytimes.com/2012/11/09/opinion/krugman-lets-not-make-a-deal.html?adxnnl=1&adxnnlx=1352463817-ysdOe3Yg+7pWsULOKxCJjA&_r=0


To say the obvious: Democrats won an amazing victory. Not only did they hold the White House despite a still-troubled economy, in a year when their Senate majority was supposed to be doomed, they actually added seats.
Nor was that all: They scored major gains in the states. Most notably, California — long a poster child for the political dysfunction that comes when nothing can get done without a legislative supermajority — not only voted for much-needed tax increases, but elected, you guessed it, a Democratic supermajority.
But one goal eluded the victors. Even though preliminary estimates suggest that Democrats received somewhat more votes than Republicans in Congressional elections, the G.O.P. retains solid control of the House thanks to extreme gerrymandering by courts and Republican-controlled state governments. And Representative John Boehner, the speaker of the House, wasted no time in declaring that his party remains as intransigent as ever, utterly opposed to any rise in tax rates even as it whines about the size of the deficit.
So President Obama has to make a decision, almost immediately, about how to deal with continuing Republican obstruction. How far should he go in accommodating the G.O.P.’s demands?
My answer is, not far at all. Mr. Obama should hang tough, declaring himself willing, if necessary, to hold his ground even at the cost of letting his opponents inflict damage on a still-shaky economy. And this is definitely no time to negotiate a “grand bargain” on the budget that snatches defeat from the jaws of victory.
In saying this, I don’t mean to minimize the very real economic dangers posed by the so-called fiscal cliff that is looming at the end of this year if the two parties can’t reach a deal. Both the Bush-era tax cuts and the Obama administration’s payroll tax cut are set to expire, even as automatic spending cuts in defense and elsewhere kick in thanks to the deal struck after the 2011 confrontation over the debt ceiling. And the looming combination of tax increases and spending cuts looks easily large enough to push America back into recession.
Nobody wants to see that happen. Yet it may happen all the same, and Mr. Obama has to be willing to let it happen if necessary.
Why? Because Republicans are trying, for the third time since he took office, to use economic blackmail to achieve a goal they lack the votes to achieve through the normal legislative process. In particular, they want to extend the Bush tax cuts for the wealthy, even though the nation can’t afford to make those tax cuts permanent and the public believes that taxes on the rich should go up — and they’re threatening to block any deal on anything else unless they get their way. So they are, in effect, threatening to tank the economy unless their demands are met.
Mr. Obama essentially surrendered in the face of similar tactics at the end of 2010, extending low taxes on the rich for two more years. He made significant concessions again in 2011, when Republicans threatened to create financial chaos by refusing to raise the debt ceiling. And the current potential crisis is the legacy of those past concessions.
Well, this has to stop — unless we want hostage-taking, the threat of making the nation ungovernable, to become a standard part of our political process.
So what should he do? Just say no, and go over the cliff if necessary.
It’s worth pointing out that the fiscal cliff isn’t really a cliff. It’s not like the debt-ceiling confrontation, where terrible things might well have happened right away if the deadline had been missed. This time, nothing very bad will happen to the economy if agreement isn’t reached until a few weeks or even a few months into 2013. So there’s time to bargain.
More important, however, is the point that a stalemate would hurt Republican backers, corporate donors in particular, every bit as much as it hurt the rest of the country. As the risk of severe economic damage grew, Republicans would face intense pressure to cut a deal after all.
Meanwhile, the president is in a far stronger position than in previous confrontations. I don’t place much stock in talk of “mandates,” but Mr. Obama did win re-election with a populist campaign, so he can plausibly claim that Republicans are defying the will of the American people. And he just won his big election and is, therefore, far better placed than before to weather any political blowback from economic troubles — especially when it would be so obvious that these troubles were being deliberately inflicted by the G.O.P. in a last-ditch attempt to defend the privileges of the 1 percent.
Most of all, standing up to hostage-taking is the right thing to do for the health of America’s political system.
So stand your ground, Mr. President, and don’t give in to threats. No deal is better than a bad deal.

The second worst trade of 2012? Wall Street’s terrible presidential bet

This from "Quartz".  Please follow link to original.
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http://qz.com/25111/worst-trade-ever-wall-street-terrible-bet-on-the-election/

Sorry, derivatives traders at JP Morgan Chase. Your bank’s notorious London Whale will likely retain the dubious honor of being Wall Street’s worst trade of 2012. But the financial sector’s collective bet on Mitt Romney is going to be up there on the list too.
Folks in the financial industry were decisive in placing their chips on the Republican challenger during this year’s presidential race. And, just to be clear, they lost. According to the Center for Responsive Politics, which tracks campaign contributions, individuals affiliated with the banking and finance industries overwhelmingly channeled money towards the Romney campaign. Here’s a look at sources of individual contributions.
Contributors-Table
From the hedge fund and private equity industries, more than 82% of the donations went to Romney, $5.7 million. From commercial banks, roughly $4.2 million, or 75% of donations, went to the Republican candidate. By comparison, in 2008 hedge funds and private equity sent nearly 60% of their donations to Obama. And just shy of 58% of donations from individuals tied to commercial banks went to the then-Democratic candidate in 2008.
As an aside, it’s tough to tell exactly how much companies themselves put into the election. The numbers collected by the Center for Responsive Politics only capture a subset of donations. And many political groups now operate with undisclosed contributions. But the real totals are likely to have been at least as skewed in favor of Romney as those that are public, if not more so.
Why the change of heart? Obviously, the Dodd-Frank financial regulatory overhaul has a lot to do with it. But what’s interesting is that a lot of the chatter emanating from these rational, cool-headed masters of mitigating risk has been surprisingly emotional and personal. Anyone supremely confident in the bankers’ ability to manage risk through hedging should take a good long look at at their almost unhedged bet on Romney.
And by the look of the stock market, investors are doing just that. The S&P financial sector is taking it on the chin, and was down nearly 3% in New York trading early today. The only sector losing bigger today is energy, another industry that laid down a large bet on Romney. And of course the fiscal cliff which Obama will now have to negotiate with Congress is looming that much closer. Even if, as my colleague Simone Foxman argues, European gloom is also partly to blame for the sell-off, it’s a nasty post-campaign hangover.

5 Very Bad Things That Happened to Karl Rove in Just 2 Days Rove has had a no good, terrible, very bad week.

This from "Alternet"  --  please follow link to original.
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http://www.alternet.org/election-2012/5-very-bad-things-happened-karl-rove-just-2-days?paging=off

November 9, 2012  |  
 
There’s been much schadenfreude on the left in the days after Tuesday’s election, and understandably so: Fox News, right-wing politicians, and conservative pundits all took an embarrassing beating.
Perhaps the biggest recipient of that schadenfreude is Karl Rove. Rove has had a rough week, to put it mildly. After his infamous meltdown on Fox News Tuesday night – at one point in the evening Fox anchor Megyn Kelly asked him if his calculations were “math you do as a Republican to make yourself feel better” – things have just continued to go downhill. Here’s how.
1. Researchers find that Rove’s super PAC was one of the election’s biggest losers.
Researchers at the watchdog group the Sunlight Foundation found that Rove’s American Crossroads super PAC came in second to last, ahead of only the NRA, in terms of how much “bang for their buck” they got in this election. The American Prospect explains:
[T]he biggest money-waster of all, you will be eternally gratified to hear, was Karl Rove's American Crossroads super PAC, which forked out a whopping $104 million and had a “desired result” rate of 1.29 percent. That’s right, folks: The great genius of American Republicanism wasted more of his donors’ money than anyone else. (His non-profit group, Crossroads GPS, did marginally better—a 14-percent “desired result” rate.) Looked at one way, though, American Crossroads had a kind of perfect score: The super PAC supported zero candidates who won on Tuesday.
At the other end of the scale is Planned Parenthood, which had a more than 97 percent success rate with its two political funds.
2. He gets chewed out by wealthy GOP donors.
The Huffington Post reports that rich donors are none too pleased with Rove:
"The billionaire donors I hear are livid," one Republican operative told The Huffington Post. "There is some holy hell to pay. Karl Rove has a lot of explaining to do … I don't know how you tell your donors that we spent $390 million and got nothing."
3. Even the ridiculous Donald Trump makes him look foolish
Though not quite factually accurate, this tweet from Donald Trump is a good example of the rich dude rage directed at Rove:
Supposedly Rove held a call with donors yesterday. That must’ve be interesting.
4. He shows how much he’s living in fantasy land by saying Obama “suppressed the vote.”
Rove’s election night Fox News performance revealed exactly how much of a liar he is. Yet he continues to try and pass off obvious BS as reality. Case in point: his claim earlier this week that Obama, whose campaign led a large, successful get out the vote campaign, won the election by “suppressing the vote.” The LA Times puts his remarks in context:
Appearing on Fox News, where he enthusiastically contested the network’s call of Ohio in favor of Obama earlier in the week, Rove said that Obama had “succeeded by suppressing the vote,” particularly by denigrating “Romney’s character, business acumen, experience.”
Rove’s remarks come after a recent outcry from voices on the left that Republicans were attempting to suppress the vote though voter ID initiatives in vital states such as Pennsylvania and Florida.
5. The devastating op-eds keep rolling in.
Headlines like these keep showing up everywhere:
Karl Rove Is The Most Overrated Person In Politics Today (CBS Boston)
Is Karl Rove's Political Career Over? (U.S. News and World Report)
Karl Rove rejects reality (CNN)
It’s time for Karl Rove to float away in a balloon (Atlanta Journal-Constitution)
Finally, Rove is getting taken to task for his lying and manipulating. What took everyone so long?

Thursday, November 8, 2012

President Obama: "I'm Really Proud of All of You."


Rachel Maddow on Obama's Re-election


GRITtv: Lee Camp: Stop Hitting Yourself, America

please listen to this


Ours Is A Liberal Nation By Amanda Marcotte

This from Amanda Marcotte on Pandagon  --  please follow link to original
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http://www.rawstory.com/rs/category/pandagon/

So, just like 2008, Obama took an expected win and did even better than most people expected. Indeed, plenty of Democrats did, including Elizabeth Warren and Claire McCaskill, though in the latter case, it’s more a result of her opponent losing. This election is, I really do believe, more evidence that this country is finally moving into its future. It’s in fits and starts, and there are plenty of setbacks. The liberal coalition has way more people in it, but conservatives continue to be much better at voting. That means we are often in serious danger of having a minority that hates the majority rule the country. This election once again proves that liberals have the hearts and minds of this country, and we just need to move asses to the polls. Bob Moser’s take is exactly right:
Until Tuesday night, it remained possible that a Republican Party supported almost exclusively by conservative white people could win one last time and could then proceed to dismantle the social-welfare system so thoroughly over the next four or eight years that it would take decades to rebuild it again.
But Americans didn’t let it happen. The president ran, and won, on the most resonant pro-government message Democrats have offered in four decades. They did it by assembling the most diverse political coalition in the nation’s history—huge majorities of young people, African Americans, Latinos, Asian Americans, women, and highly-educated whites.
The road ahead, for liberals, is long and hard. Our social safety net and investment in ordinary working people who actually run this country is in tatters, decimated by years of Republican efforts and Democrats letting (or even making) it happen, incorrectly believing that’s what the country wants. The Affordable Care Act was saved last night, and it’s got a lot of good stuff in it, but it needs to be built upon. (But if we didn’t pass it, we couldn’t build on it, something that a lot of people who attack Obama from the left fail to understand.) We need to continue to push for a public option and lowering of the Medicare age to 55. We need to push for more government spending to get this economy healthy again. We need serious legislation to address climate change, and we need to start investing in infrastructure to protect ourselves against future disasters like Hurricane Sandy. We need to get serious about liberalizing our immigration laws. We need to help expand access to abortion and contraception. There’s a lot that needs to be done.
But last night proved—and I hope Democrats are paying attention—that this is what the country wants. We’re not a bunch of conservatives who only vote for Democrats by accident. This is a liberal nation. It’s only going to become more liberal. Democrats can move to the left and they will be rewarded at the polls. After all, conservatives have been calling Obama a “socialist” for four years now, and the public basically responded by saying, “Sounds good to me!” We’re liberals. Time to start governing like it.
As I write this, at 11AM, UnSkewed Polls still has this as a front page:

Whoops.

Wall Street’s Bad Investment Decision

This from Dr. Krugman's blog  --  follow link to  original
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http://krugman.blogs.nytimes.com/

There are many lists now circulating of the biggest winners and losers from the election; oddly, however, none of the lists I’ve seen mentions just how bad this result is for Wall Street’s Masters of the Universe.
The story, as you may recall, is that the financial industry — having brought both itself and the rest of the world to the edge of disaster — was bailed out by taxpayers. Yet far from being grateful, top financial types were furious at Obama for occasionally hinting that some of them might have misbehaved a bit. And investment bankers — who normally lean Democratic — went overwhelmingly to the other side, pouring cash into Mitt Romney’s coffers in the no doubt correct expectation that a Romney administration would dismantle financial reform and treat their wealth with the adulation they believe to be their birthright.
But Romney lost and Obama won. The limits of their power have been cruelly exposed, and the reelected president now owes them nothing. Did I mention that Elizabeth Warren is going to the Senate — a Senate that will be substantially more progressive and less Wall Street friendly than before?
Bad move, guys.

Wednesday, November 7, 2012

The USA Election

Obama won.  Expanded marriage rights won.  Women won.  Pot won. 

Elizabeth Warren won.  Tammy Duckworth won.  Tod Akin, Joe Walsh (not the guitar player), Mourdock, all lost.  Alan Grayson won.

Our Senate will be more progressive than before  --  even the House will be a little less bug-fuck insane right wing.  One reason is that Allen West most likely lost.  He trails in Florida, but won't concede defeat  --  then again, most of these insane far right wing types are really nothing but drama queens, "victims" (of some left wing conspiracy), and bullies.  they can't accept it when they are soundly rejected.

Obama won in a landslide  --  esp if the results in Florida stand. 

Now we have to insure they do not gut the safety net in some supposed "grand bargain".  Time to increase the cap on Social Security and raise taxes on our rich.

Anyway, all the investment bankers supported Romney  --  so this time Obama owes them NOTHING!!  Don't let him forget that.

Tuesday, November 6, 2012

Lester Young- I Guess I'll Have To Change My Plan



Personnel is Lester Young (T. Sax), Roy Eldridge (Tpt), Vic Dickenson (Tbn), Gene Ramey (Bass), Teddy Wilson (Pno), Jo Jones (Drums). Recorded January 12, 1956.

Great African American tap dancers


Monday, November 5, 2012

I'll See You In My Dreams By Django Reinhardt


Jumpin Jive - Cab Calloway and the Nicholas Brothers


7 - Moten Swing - Count Basie


Count Basie - Jada


The Election

Today it's Nov. 5th  --  one day before the official election day here in the USA.  Supposedly there are still "undecided" voters.  I suspect they are either living under a rock, drama queens, or people looking for a reason, any reason, to vote for Mitt Romney.

In my opinion ANYONE who votes for ANY Republican, any Libertarian (Republicans on crack), or anyone other than Obama for president really, really hates themselves.

There is nothing more I can post to point out how anti-American, anti-human, homophobic, anti-woman, anti-anyone-but-the-rich, Romney-Ryan are.

Until the election is decided  --  unless the evil Republicans attempt to steal it  --  I will post a carefully selected group of "musical interludes"  --  mostly jazz.  Please listen carefully  --  this is AMERICA'S MUSIC.  It belongs to all of us. 

Please do not forget to vote.  Please vote for Obama if you value all our futures.

Anita O'Day in ''Yesterday''Live in Europe


Anita O'Day -Bewitched〜You'd Be So Nice〜Night and Day


Anita O'Day As Long As I Live



Paul Smith -piano
Barney Kessel - guitar
Joe Mondragon -bass
Alvin Stoller - drums

Romneyism

From Robert Reich.  Follow link to original
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http://robertreich.org/

Romneyism


Saturday, November 3, 2012
By now, in these last remaining days before the election of 2012, we have learned enough about the beliefs of the Republican presidential candidate to see them as a worldview all its own – a kind of creed that explains Mitt Romney. Those who say he has no principles are selling him short.
Despite its contradictions and ellipses, Romneyism has an internal coherence. It is different from conservatism, because it does not intend to conserve or protect any particular institutions or values. It is also distinct from  Republicanism, in that it is not rooted in traditional small-town American values, nationalism, or states’ rights.
The ten guiding principles of Romneyism are:
1. Corporations are the basic units of society. Corporations are people, and the overriding purpose of an economy is to maximize corporate profits. When profits are maximized, the economy grows fastest. This growth benefits everyone in the form greater output, better products and services, and higher share prices.
2. Workers are a means to the goal of maximizing corporate profits. If workers do not contribute to that goal, they should be fired. If they cannot then find other work that helps maximize profits in another company, their wages must be too high, and they must therefore accept steadily lower wages until they find a job.
3. All factors of production – capital, physical plant and equipment, workers – are fungible and should be treated the same. Any that fail to deliver high competitive returns should be replaced or discarded. This keeps an economy efficient. Fairness is and should be irrelevant.
4. Pollution, unsafe products, unsafe working conditions, financial fraud, and other negative side effects of the pursuit of profits are the price society pays for profit-driven growth. They should not be used as excuses to constrain the pursuit of profits through regulation.
5. Individual worth depends on net worth — how much money one has made, and the value of the assets that money has been invested in. Any person with enough intelligence and ambition can make a fortune. Failure to do so is sign of moral and intellectual inferiority.
6. People who fail in the economy should not be coddled. They should not receive food stamps, Medicaid, or any other form of social subsidy. Coddling leads to a weaker society and a weaker economy.
7. Taxes are inherently bad because they constrain profit-making. It is the right and responsibility of individuals and corporations to exploit every tax loophole they (and their tax attorneys) can find in order to pay the lowest taxes possible.
8. Politics is a game whose only purpose is to win. Any means used to win the game is legitimate even if it involves lying and cheating, as long as it gains more supporters than it loses.
9. Democracy is dangerous because it is forever vulnerable to the votes of a majority intent on capturing the wealth of the successful minority, on whom the economy depends. The rich must therefore do whatever is necessary to prevent the majority from exercising its will, including spending large sums of money on lobbyists and political campaigns. The most virtuous among the rich will go a step further and  run for president.
10. The three most important aspects of life are family, religion, and money. Patriotism is a matter of guarding our economy from unfair traders and undocumented immigrants, rather than joining together for the common good. We owe nothing to one another as citizens of the same society.
On Tuesday we’ll decide whether these should be the guiding principles of America.

Sunday, November 4, 2012

Pakistani couple kill daughter who talked to a boy

http://www.reuters.com/article/2012/11/01/us-pakistan-crime-teen-idUSBRE8A018O20121101

Look, I don't care if folks believe in God or Gods.  I don't care how devout they are, or how strongly they believe.  I don't even care if they are members of some obscure or even "scammish" "religion". 

I do care when being anti-woman is an integral part of that religion.  I also care when they use that religion to discriminate against people who have NOTHING to do with them.  I care when they think they are allowed to visit violence on other human beings because of some strange "custom" of their religion. 

It seems ALL major religions HATE women.  All are patriarchal.  All reserve the right to control, subjugate, demean, women  --  just for being women.

Covering up their faces, covering up their hair, having every aspect of their lives controlled by outdated "customs" and "religious edicts" says more about how PIGGISH men are, than it does about women.  The insane idea that all women lust uncontrollably after men, and can CORRUPT men with a smile or a word is beyond insane.  The idea women are neither entitled to, or ALLOWED an education is also totally INSANE!

I'm sick and tired of supposed "liberals" that excuse insane attitudes toward women by people because "it's part of their culture".  Spousal abuse was allowed by law in western cultures until very recently.  Women were considered property until recently.  Our record concerning women, here in the west, is far from spotless.  many folks still see women as vastly inferior to men, not "worthy" of equality.

At the same time  --  we have made a lot of progress over the last 60 - 100 years.  We have no reason to excuse things like "honor killings", nor any reason to support outdated attitudes toward women by ANY religious or secular group.  Roman Catholics, Jews, Hindus, Buddhists, etc., etc., are ALL anti-woman to some extent  --  but it is our good friends the Muslims who are at the forefront.  Not only does this have to stop, but laws controlling anti-woman behavior MUST be both ohn the books AND enforced.

This is not about "custom" or "religious freedom", it's about violence toward 50% of the worlds population.

This from  Reuters  --  please follow link to original
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(Reuters) - A Pakistani couple killed their teenage daughter by pouring acid on her face and body after they caught her talking to a boy, police and a doctor said on Thursday.
The parents of the 16-year-old confessed to police in Kotli, a town in Pakistan-administered Kashmir, that they attacked their daughter after she had spoke to the boy outside their house, said Mohammad Jahangir, a local doctor at the hospital where she was brought.
"There were third-degree burns on her scalp, face, eyes, nostrils, both arms, chest foot and lower part of legs. Even her scalp bone was exposed," he said, adding that the mother initially told the hospital their daughter tried to commit suicide. Police have arrested the parents.
Almost 1,000 women lost their lives last year in so-called "honor killings" in the conservative South Asian nation, according to the Human Rights Commission of Pakistan. Activists say the actual number is much higher as most cases go unreported.
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This crap has to stop.