Friday News Roundup - Domestic
The Federal Reserve announced a new, open-ended round of bond buying to stimulate economic growth. President Barack Obama and Republican challenger Mitt Romney sparred over the Obama administration's handling of the attacks in Libya and Egypt. And vice presidential candidate Paul Ryan returned to the House to vote on a six-month, stopgap spending bill to keep the government operating. Jonathan Allen of Politico, Jackie Calmes of The New York Times and Michael Scherer of TIME magazine join Diane for analysis of the week's top national news stories.
Guests
congressional reporter for Politico.
national correspondent for The New York Times.
White House correspondent for Time magazine.
Friday News Roundup Video
The panel discussed the significance of the Federal Reserve's announcement Thursday of a new open-ended mortgage bond-buying program. Time magazine's Michael Scherer said the action represents a huge shift for the Fed. "They're basically saying we're going to go as far as we need to go to make sure the economy recovers," Scherer said. Jackie Calmes, national correspondent for The New York Times, said it's important to note the Fed didn't mark an end to the program. Jonathan Allen, congressional reporter for Politico, said the program won't affect the unemployment rate.

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Right wing Muslim extremists are calling for war with the United States. Isreal`s right wing extremist Prime Minister Benjamin Netanyahu,is demanding the United States back him up when he attacks Iran.Mitt Romney and the T-Party extremists say anything other than bombs and war is the Obama apology tour.Demanding war with Iran,Syria,Libya,Egypt,Yemen,and a return to Iraq,and we never leave Afghanistan.These extremists call Obama a anti-colonialist. I didn`t realize we became an Empire who had a right to invade and occupy everybody. If we have become a Military Empire,find a way to pay the bills you`re running up!
I don`t know what is wrong with these folks.More war.More hatred.More religious extremism,is not the answer.
This constant infusion of cash from a future economy that president Obama and the Federal Reserve Chairman Ben Bernanke seem bent on destroying with borrowing and the printing of money is really scary stuff. This march towards runaway inflation and high interest rates is really going to hurt and hit everyone hard when it happens. The sheeple don't have a clue how out of control the people at the top in our government are right now, their just looking for someone that looks good on the boob tube and hands out more candy.
The United States issues warning to U.S.citizens traveling abroad. Mitt Romney and the T-Party/Republicans are sending the clear message to radical Islamic militants,go ahead and attack Americans.WE are a house divided. WE refuse to support the President of the United States,for our selfish political gain.Go ahead,take your best shot,it might just help put Romney over the top.... I can`t believe my ears.
It's Almost October
!!!!!!!!! SURPRISE !!!!!!!!!
Hopefully nobody will be fooled this time.
Clifford wrote:
"Mitt Romney and the T-Party/Republicans "
Hey Clifford. Show us one instance where the Tea Party as an organization had ANYTHING to say about foeign policy! The Tea Party is about tax and fiscal policy, not foreign policy. Polls show that many (though far from all) Tea Party members have a traditional view of conservative foreign policy; they favor a strong defense, but want to keep current spending about where it is. In fact, some think it is a WEAKNESS of the Tea Party that its foreign policy could be described, at best, as non-descript.
I don't think you're lying about this. I think you're just completely ignorant of what the Tea Party is about. I think you read some garbage on Huff Post or Daily Kos and then vomit it back in this forum.
Clifford or Patsy or whatever name this lunatic goes by is either insane or as dumb as a rock, probably both.
My Uncle Charlie has just died from cancer. We talked about American Empire also passing away as he waited for death. It's sepsis and pneumonia takes you in the end and kills the cancer too. Charlie was a nuclear physicist with an extraordinary ability to visualize and explain the unseen. "Now if I could just die long enough to extinguish the tumors I'd have 20 more years," he mused. "That's what the USA needs to do, shut down long enough to escape Empire," Charlie added. This fire at the edges of the paper (uprisings in subject states) also smolders in the poverty and injustice here domestically. It originates at the top, as when the FED starts buying 40 billion dollars in bundled mortgages and commercial paper every month (QE III). Now when that bubble bursts you can bet the People will be asked to pay again. I really don't want to see the Government become a Syrian Collection Agency. That's the only way the Empire of the Less than 1% could last, like Assad. This thing died from repeated harpoons, most self-inflicted. There are the ecological crimes, the opportunity snuffing social crimes, the war crimes and the financial crimes. Remember how the whale died on Gorbachev's watch? (The Tea Party are kept myopic by Oligarch sponsorship. They are like the morphine Hospice gives so you last breaths won't be panicked.)
I'm looking forward to the international hour. A high stakes chess game is being played in north Africa and the middle east, with the US taking the role of a pawn.
Let's give white to Israel; they are likely to move first. Benjamin Netanyahu is a chess enthusiast and strong player. He is arguably playing the game of his life, of Israel's life.
Black goes to Iran, ascendent in the region as long as the status quo holds. A reactionary state, they will move quickly once white attacks.
If Obama is reelected, Netanyahu will likely not have US support in depriving Iran of tactical nukes. Netanyahu and Romney are friends with similar world view. If Netanyahu was confident of a Romney win, he would likely hold until January.
Egypt sits astride the Suez Canal; if the balloon goes up keeping that sea lane open will be important. Egypt's tilt toward the Islamists puts this increasingly at risk.
A rapidly degrading stability situation in the region arguably favors Obama's re-election: Romney and Ryan are weak on foreign policy. Romney should regret not having tapped Condoleezza Rice for VP.
(In fact, if Obama wins and the international situation continues deteriorating, Jon Huntsman and Condi Rice -- better yet Rice-Huntsman -- would be a dream ticket in 2016.)
Given Romney-Ryan's weakness in polls, Netanyahu must assume Obama will prevail. An Obama win is an Israeli loss.
Does Netanyahu attack before November, knowing Obama will have difficulty denying help to Israel -- further alienating the American Jewish vote, already wavering? Even if striking Iran now will promote an Obama win; sitting presidents have an inherent edge in wartime.
Tough choices for Netanyahu. Ultimately he will do what is essential for Israel's survival, even it results in a US election outcome he dislikes.
Things could get sporty this fall.
De oppresso liber.
And that's why Buzzard Romney is circling, waiting to pick our bones. (This guy's head is so full of religious cartoon nonsense he feels ordained.) You see the same lame debt myth scenario in process Globally. Food prices will rise with gas prices over the next year and we'll mostly give Empire a big funeral, probably cremate ("Whom is it that we owe? " asked Uncle Charlie. "We owe one another.")
Corporate Capitalism, keep the ashes in a jar by the door. (My Mittens mask is much scarier than Guy Fawkes as I rush to the doorbell with Snickers. Voters get all tricks and no treats.)
The liberal media has latched on to two false narratives, the video caused the rioting and Romney's comment. The real focus should be on Obama's failed foreign policy. The good thing is if there is one, is the need to focus on our existing foreign policy.
Mr. Shoot first Obama has just made things worse by suggesting who and who isn't are allies by being intellectually unprepared to answer questions. Obama gets ZERO scrutiny even though his lack of foreign policy experience is glaring.
The Bash Romney show continues....
The criticism that we should not have supported the Arab Spring until we had good replacements for the ousted dictators is misguided. It ignores our democratic values and exaggerates our influence. The tectonic shifts in the Middle East were the result of decades of oppression, massive demographic changes and the spread of information technology. The Cold War is over. No President of the United States can control global events anymore.
One of your guest called the inflammatory Muslim film an "amateur video" I don't know of many "amateur videos" that cost 5 million dollars. Which is what this piece of trash allegedly cost to produce. Will the U.S. Dept of Justice investigate this hate crime? Who produced, who funded etc?
Special Farces: We could all get fried and isotoped you boardgame enthusiast. Israel has enough warheads and whatnot to end life on this globe.
Doesn't "Seal Team Six" sound like a lipsynching boy band? That one sang lies like a canary on Sixty Minutes, just to sell a book. (Your Chapter One lacks punch, go get a ghost writer.) Try this title "Exploits of the Fatherland."
A guest said,a kid can post a video on YouTube that creates more violence. How about Mitt Romney`s T-Party/Republican video,declaring the War on Islam and the movie "Innocence of Islam" represent American values?
ISN`T THAT A DECLARATION OF WAR ON THE ENTIRE MUSLIM WORLD?
Up to $250.000 middle class? Dream on! Only 4% of households report an income of 200.000 or higher.
Partisan go read the 9/11 commission report. Read their recommendations. Read about the top three reasons that so many people in that part of the world hate us.
1. US support for dictators in these regions for decades.
2. US support for Israel no matter how many UN regulations or international laws they are in violation of
3. US military bases on their lands to protect our access to their resources.
Go read the report. President Obama is actually trying to consider their very well researched recommendations
I would like to hear Romney and Obama each state his opinion regarding the veracity of the "prophet" Muhammed's claim that a deity spoke to him. We know, for example, that Romney believes that Joseph Smith was visited by the angel Moroni.
"In 1823, Smith said that while praying at night for forgiveness from his sins,[25] he was visited by an angel named Moroni, who revealed the location of a buried book of golden plates as well as other artifacts, including a breastplate and a set of silver spectacles with lenses composed of seer stones, which had been hidden in a hill near his home.[26] Smith said he attempted to remove the plates the next morning but was unsuccessful because the angel prevented him." -Wikipedia.
Both claim that a man named Jesus from Nazareth in Galilee/ northen Palestine / Isreal was the "son" of a creator of the universe. I suspect neither may support Muhammed's claim while simultaneously rejecting Islam. The fundamental "insult" to muslims is the assertion that Muhammed was a liar. If a man cannot use his freedom of speech to raise an alarm against liars, for what do we have a freedom of speech?
Special Forces,
I have been saying this for months in this forum. If it appears that Obama will be elected, Israel will not wait until after the election. They can't. They want U.S. support and Obama will be forced to give it if it is before the election to hold the Jewish vote. After, he will hang them out to dry, leave them sitting ducks, pick your metaphor. This could come as late as mid to even late October after the first debate or two when the outcome begins to take shape. If it is clearer that Romney will be elected, they will wait.
Your analysis is spot-on and echos what I have been posting.
I don't agree about Rice-Huntsman, however. I think a hands-off policy that focuses more on the economy would prevail - if there is an economy to save after four more years of this moke.
HOWEVER, I have also said all along, I think we are seeing a replay of 1980. The election was neck and neck until after the first debate. Reagan won 40 states.
One of your guest just said that horrendous video has been on line for al long time. Does he really consider six weeks a long time? He needs to check his facts
And so Diane, what would be your line for when a film is inciting wrath? Do we now have to worry about offending every interest group or religion? Absurd. Anyone should be able to tell where that would lead. That film may be disgusting but it in no way is responsible for the killings. The ONLY people responsible for the killings are those that actually committed them.
ecgberht suggests that Romney (Holy Ronnie reincarnate?) may be sending our gold embossed Bibles (and Book of Moronie) to Muslim leaders everywhere with the gift (sale) of arms to follow. Message: Leggo my Oilo! (But remember it is the Market (Oligarch Collusion) sets the price. Sometimes October surprises explode like a loaded cigar.
kathleen wrote: "President Obama is actually trying to consider their very well researched recommendations"
I see the results of the apologies and the failure to identify who is deserving of support and who isn't, a failure to understand which course of action is in the best long term interest of the United States and the world.
How long will the modern world accept being held hostage by threat of riot and murder by the active members of Islam?
kathleen wrote:
'Does he really consider six weeks a long time? He needs to check his facts"
No, actually I think you do. It's been around for about a year.
kathleen- Could it be that American hitmen on the ground turned on their client radicals to YouTube as a cover? Because the best way to stop the Arab Spring is to poison it with Provocateurs. Did Chris Stevens die for Oligarch sins?
I disagree that Muslims don't understand or aren't familiar with the concept of free speech or speech that is not supported or filtered by government. Just as they see isolated incidents of Quran burnings and irresponsible videos portraying their religious leaders coming from America, we see them burning American flags, destroying Christian symbols and stomping on pictures of our presidents. Each action amounts to free speech. The difference is Americans don't respond to expressions of free speech by killing...
How do we define religion? Is a mass organization whose field leaders encourage responding to any perceived offense with rioting and murder eligible for being called a religion? Are the followers of such an organization which demands reverence under threat of rioting and murder incapable of finding any other path to celebrate their relationship with God?
pp,
The difference between President Obama and Governor Romney is that President Obama does not understand that the world is a dangerous place. The Governor does. That applies to both defense and trade policy. Romney will take a much stronger hand with China as well as ME enemies (like Iran) who will try to hurt us if they can.
The President's claim to fame in FP is that he ordered the killing of OBL - a man holed up in Pakistan with women and children left to defend him. Meanwhile, he withholds troops from our commanders in Afghanistan for political purposes, bows and scrapes to foreign leaders, and "leads from behind". We are now harvesting the fruits of those policies.
1. My condolences to the family & friends of U.S. Ambassador J. Christopher Stevens as well as the others who were killed. 2. How very tragic & sad a mess this is. & 3. To Romney & his constituents: SHAME!
I find all religions offensive. Every day some religion is doing something that violently assaults, offends, and injures my moral and spiritual beliefs. If I can get a billion people to worship my beliefs will I be comforted and consoled every time a million of my followers in a thousand cities express their spiritual sorrow by rioting, destroying and occasionally murdering the perceived offenders?