Friday News Roundup - Domestic
http://thedianerehmshow.org/shows/2012-06-22/friday-news-roundup-domestic
A House panel voted to hold Attorney General Eric Holder in contempt of Congress. Republican presidential hopeful Mitt Romney told a Latino group he would replace and supersede President Barack Obama’s immigration plan. Federal Reserve officials extended a program known as “Operation Twist” and said they were prepared to do more if necessary to spur job growth. Doyle McManus of the Los Angeles Times, Jeanne Cummings of Bloomberg News and Ari Shapiro of NPR join guest host Terence Smith for analysis of the week's top national news stories.
Guests
Doyle McManus
columnist, Los Angeles Times.
Jeanne Cummings
deputy government editor, Bloomberg News.
Ari Shapiro
White House correspondent, NPR.
Friday News Roundup Video
Moody's downgraded the long-term credit ratings of 15 major U.S., Canadian and European banks Thursday, including five of the six largest American banks. Our panel discussed what it means for the U.S. economy and consumers. "It reflects the continuing fears that Europe's financial crisis is not over, that the banking system is still fragile," said Los Angeles Times columnist Doyle McManus. Jeanne Cummings, deputy government editor for Bloomberg News, said the downgrade reflected the lack of confidence in economic growth projections. Ari Shapiro, White House correspondent for NPR, described the Federal Reserve's Operation Twist monetary policy as "economic jujitsu."
Comments
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Patsy Nomore wrote:
"The Obama "Stimulus" gave Cleveland Ohio a new huge Interstate bridge,saving us 100`s of millions of local tax dollars. "
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Cleveland? That city became irrelevant when LeBron James left.
The T-Party run radio station ran LeBron out of Cleveland. It`s akin to the KKK central,and the same channel that broadcasts local sports team games. When James wore a Yankees cap to a Indians game,his ticket out of town was punched.
Congrats to Miami. Cleveland didn`t want a championship,and they got their wish.
Marcus:
McCarthy was humiliated publicly in Congress because of his own bombastic excesses and failure to have a shred of evidence. Goldwater predicted that the commies would take over - so much for that canard. I'm glad the Rosenbergs were convicted, though the evidence at that time was pretty flimsey; so I'm not sure what your point is.
There have been others convicted of leaking secrets who had ZERO political or communist leanings - they just did it for cash..... even a recent movie about the worst offender Robert Hansen. Check out my post: it never said there were zero commies, just far, far fewer than conservatives tried to foist on us.
There are currently communist parties in many countries and have been for many years, including the UK. They are routinely ignored by everyone along with paranoids like yourself and others who bay at the moon. The best way to defeat an idea is to let it compete with the rest of intelligent ideas. Note that the early Christian church practiced communism for quite a while until individual greed took precedence. There were literally hundreds of writers and artists rounded up and blacklisted for years as being commies - and most have not only been exonerated but are working productive members of legitimate society even now.
FYI...... Keith Olbermann has not been on TV for quite some time now. He left MSNBC long ago and more recently left Current. He hardly can influence public discourse, much less me.
Go back to drinking your kool-aid....... or, hmmmm, is that Russian chai ?
Dos svedanya, tovarich. Seeva horoshiva.
Patsy Nomore wrote:
"The T-Party run radio station ran LeBron out of Cleveland. It`s akin to the KKK central,and the same channel that broadcasts local sports team games. When James wore a Yankees cap to a Indians game,his ticket out of town was punched."
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The Tea Party ran LBJ out of town? He took less money from Miami in order to wear a championship ring. If there was a chance he could accomplish that in Cleveland, he would have stayed. So long Akron Hammer....
Patsy Nomore wrote:
"The Obama "Stimulus" gave Cleveland Ohio a new huge Interstate bridge,saving us 100`s of millions of local tax dollars. The T-Party sees these projects and jobs as wasted money."
Nope. But it is interesting that whenever the left brings up spending it is always in a Constitutional context (Congress is authorized under the Constitution to spend money on roads/infrastructure), but never wasteful, redistributive social programs.
LibVet wrote:
Marcus:
" I'm glad the Rosenbergs were convicted, though the evidence at that time was pretty flimsey; so I'm not sure what your point is."
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Last week you said, "I remember the conservatives' unwarranted commies-behind-every-bush paranoia. Conservatives have merely exchanged one bogey man for another." Now you are glad that these "bogey man" Communist were executed? OK
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LibVet wrote:
Check out my post: it never said there were zero commies, just far, far fewer than conservatives tried to foist on us.
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How many is fewer? Why were the conservatives the only ones who were hip to the fact that Soviet Communists were indeed influencing members of the U.S. government? These liberals were willing pawns for the Soviets for ideological reasons, not monetary reason. Did the liberals not notice that the U.S. were fighting Communist North Korea at this time? The same North Korea that sent Soviet Mig 15s piloted by Soviets against U.N. forces?
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LibVet wrote:
" There were literally hundreds of writers and artists rounded up and blacklisted for years as being commies - and most have not only been exonerated but are working productive members of legitimate society even now."
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Right. Hollywood studio moguls took it upon themselves to have a blacklist. Liberals who chastise Hollywood for this list loved/love working for the same Hollywood studios then and now. Talk about hypocrisy.
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LibVet wrote:
"FYI...... Keith Olbermann has not been on TV for quite some time now. He left MSNBC long ago and more recently left Current. He hardly can influence public discourse, much less me."
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You have kept track of your favorite moonbat. Thanks for admitting that KO is indeed your source for your moronic names for FOX News.
What did the T-Party radio station talker say about immigrants? ALL IMMIGRANTS ARE VILE,DISEASE RIDDEN VERMIN,THAT SHOULD BE EXTERMINATED......That is when they are being nice.
How about the same T-Party talker saying,women like basketball because they hope to meet a large black man to have sex with.......
That stuff is on every radio station in Cleveland,except NPR,where only the T-Party callers say those horrible things.
That is how Fox News can claim,"Fair and Balanced". Yea,compared to absolute CRAZY !
Marcus Tullious wrote:
"Why were the conservatives the only ones who were hip to the fact that Soviet Communists were indeed influencing members of the U.S. government?"
There is still such influence today, but the people who hold such views are just a lot less bashful about it.
Patsy Nomore wrote:
"What did the T-Party radio station talker say about immigrants? ALL IMMIGRANTS ARE VILE,DISEASE RIDDEN VERMIN,THAT SHOULD BE EXTERMINATED......That is when they are being nice.
How about the same T-Party talker saying,women like basketball because they hope to meet a large black man to have sex with......."
Patsy, I believe you are projecting again.
"Oldbrit wrote:
This is very simple:
Mitt Romney is an ROI / Bottom-Line kind of guy.
If you are wealthy, Mitt has promised you tax-cuts.
There are approximately 250 multi-billionaires in the United States. If you are one of them, or even a pauper like Romney with only $250 million, those tax cuts amount to many multiples of the U. S. median household income.
To the mega-wealthy given the ROI they will receive by putting Mitt Romney and the Republicans in total control of our government, $1.2 Billion, $2 Billion, or even $3 Billion is a mere pittance
Watch out for the tsunami of money that will sweep away the typical budget in many House and Senate races, as well as into the battleground states in the last few days of the election.
Don't forget the SuperPac money can be used to hire people on the ground. I'm sure they'll be hiring limousines to drive Republicans to the polls who don't vote in every election.
...
The $1.2 Billion is a modest estimate of what the mega-wealthy will spend to buy their tax-breaks and it doesn't even include the money they'll dump on House & Senate races.
June 22, 2012 - 12:07 pm"
And sad to say, even if Obama is reelected, but does not gain a strong majority in the Congress, nothing will change for the better.
You are quite right about campaign contributions and while the prizes in National Politics are much larger, the actual ROI on ordinary Run of The Mill Lobbying are equally mind boggling.
If the Moronic Malefactors of Great Wealth could get returns like that from honest business, they would indeed be geniuses.
Monte Haun mchaun@hotmail.com
Monte Wrote:
"If the Moronic Malefactors of Great Wealth could get returns like that from honest business"
Yeah, like 5% return on your investment if you simply do the right thing
10% for hiring locally
15% for turning down a pay raise for you top CEO
25% for not building things for the Pentagon
30% for curing hunger
etc.,etc.....
The return on your money could go up commensurate to the amount of social good that you did.
Oh hell what am I thinking....that would just make sense and they are never ever going to do that. It would be morally correct!
Most physicians, I believe, would be in agreement that it is possible for a human being to become too big (or fat, or obese; whatever you prefer to say). If we apply the same analogy to the world economy, then it would seem to follow that the world economy can become too big as well.
I believe that this is exactly what has happened, and with the passage of time, and even with periods of inprovement, this will become more and more a reality. At some point in the future, the world's economy will have to shrink to a more realistic and sustainable level.
The problem then might be that the human race will not be able to deal with a falling standard of living. And this could lead to the ultimate catastrophe. I won't go any further. I'll leave the outcome to your imagination.
Agreed. But meddling in it's route will not work and will only piss people off and cause additional unforeseen problems, things must always follow their natural course to reach a sustainable solution and even that is temporary, such is the nature of everything.