HELP US STAND AGAINST THE TEA PARTY!
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NFTOS
The recall of 65 tons of ground beef that might be contaminated with E. coli has hit close to home for House Speaker John Boehner of Ohio.
The meat, recalled today by Tyson Fresh Meats, was shipped to 16 states…WCPO, ABC’s affiliate in Cincinnati, reported today, “four children became ill after eating the meat with their family in Butler County, Ohio, in the second week of September.” “A 9-year-old child was hospitalized for about 10 days with severe diarrhea,” the station reported.
CHRISTIE: In August 1981, the air traffic controllers, in violation of their contracts, went on strike. President Reagan ordered them back to work, making clear that those who refused would be fired. In the end, thousands refused, and thousands were fired.
BACHMANN: Why would you normalize trading with a country that sponsors terror? There’s reports that have come out that Cuba has been working with another terrorist organization called Hezbollah. And Hezbollah is potentially looking at wanting to be part of missile sites in Iran and, of course, when you’re 90 miles offshore from Florida, you don’t want to entertain the prospect of hosting bases or sites where Hezbollah could have training camps or perhaps have missile sites or weapons sites in Cuba. This would be foolish.
LAPIERRE: They’ll say gun owners — they’ll say they left them alone…In public, the president will remind us that he’s put off calls from his party to renew the old Clinton ban, that he hasn’t pushed for new gun control laws…The president will offer the Second Amendment lip service and hit the campaign trail saying he’s actually been good for the Second Amendment. But it’s a big fat stinking lie!…It’s all part of a massive Obama conspiracy to deceive voters and hide his true intentions to destroy the Second Amendment in our country…Before the president was even sworn into office, they met and they hatched a conspiracy of public deception to try to guarantee his re-election in 2012.
CAIN: I would make sure that FEMA got the money it needed, and if I had to go find the offsets later, go find it later. Stop playing with peoples’ tragedies — these are real people we’re talking about.See it here:
HOST: So you’re saying, right now we should just fund FEMA and forget about the offsetting spending cuts, and maybe later, if we find them, then go back and get the deal done that way.
CAIN: Yes. … We’re going to have a gentleman’s agreement that we will find the offsets, rather than finding the offsets right in the middle of it and making it a political football.
‘There Is Not A Single Solitary Example’ Of A Country That Has Succeeded With A Tea Party Philosophy."Clinton, who met with a small group of bloggers on the sidelines of the Clinton Global Initiative’s annual meeting in New York City today, responded to a question from ThinkProgress about Texas Gov., and GOP presidential frontrunner, Rick Perry’s position that Social Security is unconstitutional, and about the Tea Party’s anti-social spending sentiment more generally. Clinton blamed the “continuing dominance of non-fact based political debate,” saying:
You can stand up and say anything and nobody rings a bell if the facts are wrong. There’s no bell ringing. It’s crazy, we’re living in a time when it’s more important than ever to know things. And not just to know facts but to put them in a coherent. sensible pattern. And we live in a time, if you just want to talk about the economy, where the model that works for economic growth and prosperity is cooperation. But the model that works in politics is conflict.Clinton went on to challenge the emerging GOP consensus that government size and spending require dramatic cuts, observing that the most prosperous parts of the U.S. “look nothing like the anti-government ideal of the Tea Party crowd”:
You know, there’s not a single solitary example on the planet, not one, of a country that is succesful because the economy has triumphed over the government and choked it off and driven the tax rates to zero, driven the regulations to nonexistent and abolished all government programs, except for defense, so people in my income group never have to pay a nickel to see a cow jump over the moon. There is no example of a successful country that looks like that.While blasting the Tea Party’s economic policies, Clinton also acknowledged that the media plays an increasingly dangerous role in fanning the flames of partisan rancor.
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| Clinton's surplus bookmarked by republican negative surplus These are the facts and they are undisputed! |
We write to you today with the overwhelming concern that an innocent person could be executed in Georgia tonight. We know the legal process has exhausted itself in the case of Troy Anthony Davis, and yet, doubt about his guilt remains. This very fact will have an irreversible and damaging impact on your staff. Living with the nightmares is something that we know from experience.
Former President Jimmy Carter said “this tragedy will spur us as a nation toward the total rejection of capital punishment.” He added, “If one of our fellow citizens can be executed with so much doubt surrounding his guilt, then the death penalty system in our country is unjust and outdated.”
PERRY: As a Christian I have a clear directive to support Israel, from my perspective its pretty easy both as an American and a Christian. I am going to stand with Israel.In 2009, Perry struck a similar tone talking with the Weekly Standard. “My faith requires me to support Israel,” he said. One has to wonder what other foreign policy initiatives Perry feels he is directed to take from the Bible.
MITT ROMNEY: The former Massachusetts governor has a well-worn record of advocating to privatize Social Security. In 2007, when Romney was also running for president, he pushed for the creation of Social Security personal accounts three separate times. When a town hall attendee told him such a plan was “privatization,” Romney replied, “you call it privatization. I call it a private account.” He enshrined this position in his 2010 book No Apology, stating “individual retirement accounts would encourage more Americans to invest in the private sector that powers our economy.”A Social Security policy that ties retirement funds to the volatility of the stock market is nothing short of foolhardy. Three years ago, if Bush had succeeded in creating private accounts, an American worker would have lost $26,000 on the market. ThinkProgress’ Travis Waldron notes, millions of Americans who did have a private account like a 401(k) lost nearly everything in the crisis, and Social Security is the only source of retirement funds they have left. The volatility of market behavior in large industrialized economies like ours “illustrates the real potential for decades-long declines that could erode the value of a private retirement account invested in stocks.”
MICHELE BACHMANN: In an interview last year, the Minnesota congresswoman insisted young workers “need to have some options in their life, so that going forward they can have ownership for their own Social Security, their own retirement, something they can pass on to the beneficiary of their choice.” When asked in 2008 how Republicans could promote privatization without frightening seniors, she responded, “I believe that we should ensure that those currently receiving Social Security should continue to do so in its current form, but also give a new generation of workers the right to invest some of their money into accounts of their own.” In 2006, she pledged to vote for “regulated individual retirement accounts.”
RON PAUL: During last week’s presidential debate, Rep. Paul (TX) drew applause for stating, “What I would like to do is to allow all the young people to get out of Social Security and go on their own!” He told CNN’s Wolf Blitzer last year that he’d support “turning this money over and give the individual money like an investment retirement fund that they manage.”
RICK SANTORUM: After writing an op-ed calling to “establish personal retirement accounts” in 2005, the former Pennsylvania senator actually launched his 2012 presidential campaign by reminding everyone that he supports these President George W. Bush-style private accounts. He hedged last month on calling for the immediate creation of accounts, but only because having to additionally pay for Social Security benefits while financing such accounts “is to me just something that we can’t do right now.” “I’d love to be able to do it,” he added.
HERMAN CAIN: In the Tea Party debate last week, the pizza mogul declared, “I support a personal retirement system option in order to phase [out] the current system. We know that this works.”
NEWT GINGRICH: Last year, the former House Speaker endorsed House Budget Chairman Paul Ryan’s (R-WI) plan to create personal accounts. He believed such a plan would “triple the earnings” for future retirees. He has touted such a plan since 2007.
Jon Huntsman has not specifically called for private accounts but he did say at the Tea Party debate that “I don’t think anything should be off the table.”
And not only repealing Obamacare, also repealing Dodd-Frank, which is killing the banking industry. I’ve got the bill to repeal both of them.
Profits at JPMorgan Chase, the nation’s second largest bank, were up 13 percent.
Third-largest Citigroup’s profits soared 23 percent.
Fourth-largest Wells Fargo’s profits shot up 29 percent.
Fifth-largest Goldman Sachs, meanwhile, “disappointed investors” when it merely “more than doubled its profits.”
Sixth-largest Morgan Stanley’s profits were up an impressive 17 percent.
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| Electoral College Map |
Gov. Tom Corbett and state Senate Majority Leader Dominic Pileggi are proposing that the state divide up its Electoral College votes according to which candidates carried each Congressional district, plus two votes for the statewide winner. The system is used by Maine — which, despite the system, has never actually split its four electoral votes — and by Nebraska, which gave one of its five votes to Barack Obama in 2008.
Had this proposed system been in place in 2008, when Obama won the state by a ten-point margin, he in fact would have only taken 11 out of the state’s 21 electoral votes at the time — due to a combination of past Republican-led redistricting efforts to maximize their district strength, and Obama’s votes being especially concentrated within urban areas.
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| The truth stretcher Rick Perry |
NFTOS Editor-in-Chief Roger West says “One of the worst things that can befall a person, and apparently the worst crime one can commit, is that of being alone in the world. Isn't it the objective of good government to achieve together what we cannot alone - to look out for each other? How can we call ourselves united, when we are so willing to throw one of our own away so casually? A society marked by zero tolerance in all things, is doomed. And in the end, it would be no more than we deserve.”
West continues saying “Its’ both amazing and disgusting how (tea bags) these people are so "pro life" when it comes to abortion and how "anti life" they are after the baby is actually born, Yet these same folks will fill a football stadium to loudly pray and show how "Christian" they are. More like the Pharisees and hypocrites.”
But a spokesperson for House Majority Leader Eric Cantor (R-Va.) signaled late Friday that the GOP is likely to insist on offsets for the $500 million in emergency funds Obama requested for 2011…
“The House has passed $1 billion in disaster relief funds that is fully offset, which we will look to move as quickly as possible.”
The House bill slashes funding for grants to equip and train first responders by 40 percent. This is on top of the 19 percent cut in FY 2011. The House defense appropriations bill provides $12.8 billion to train and equip troops and police in Afghanistan — yet the House provides only $2 billion for first responders here at home.
Their proposal also slashes the Federal Emergency Management Agency’s operations by 6 percent at a time when the agency has never been busier. Does it really make sense to pay for response and reconstruction costs from past disasters by reducing our capacity to prepare for future disasters?
Charles Ponzi, an Italian immigrant, started this first such scheme in Boston in 1916. He convinced some people to allow him to invest their money, but he never made any real investments. He just took the money from later investors and gave it to the earlier investors, paying them a handsome profit on what they originally paid in. He then used the early investors as advertisements to get more investors, using their money to pay a profit to previous investors, and so on.
To keep paying a profit to previous investors, Ponzi had to continue to find more and more new investors. Eventually, he couldn't expand the number of new investors fast enough and the system collapsed. Because he never made any real investments, he had no funds to pay back the newer investors. They lost all the money they "invested" with Ponzi.
Ponzi was convicted of fraud and sent to prison for two years. When he came out, he returned to Italy, where he became a top economic adviser to Benito Mussolini.
KEVIN GENTRY: I’m going to turn it over to a dear friend, Fred Young, for the purposes of an introduction. Fred is a long-time fighter, freedom fighter, in this movement, from Racine, Wisconsin. Former owner of Young Radiator. As part of our efforts last year, in 2010, I was on the road for in Wisconsin, here at one of Americans for Prosperity’s last minute kind of get out the vote tours. And I went to an event in Racine, Wisconsin, and met up with Fred. It was sort of a Tea Party AFP event designed to help in the Congressional races. And Fred was kind enough to lend me a sweatshirt because I wasn’t actually prepared for Racine, Wisconsin in November. So Fred, let’s take it away, please.Too many in the media ignored the Koch network’s transparently partisan agenda last year. A few outlets, like the Washington Post, took the group to task for spending $45 million in attack ads against Democrats using an unaccountable, secret money wing of Americans for Prosperity. However, most failed to report on the millions more spent on four different bus tours designed to promote Republicans. These rallies, which required great resources in terms of staff and logistics, were never reported to the Federal Elections Committee as campaign spending, thus evading the few watchdog groups and reporters interested in serious election coverage.
Chris Wallace: When Colin Powell says ‘these are cheap shots and you’re wrong’…
Dick Cheney: Obviously I disagree with him.
Wallace: Anything you’d want to take back?
Cheney: No.
Wallace: Powell’s former chief of staff Lawrence Wilkerson, I don’t know if you know this, has also weighed in. He says you’re worried about being tried as war criminal.
Cheney: Well it’s news to me. I don’t pay a lot of attention to Mr. Wilkerson. I don’t know him. As far as I know I’ve never met the gentleman. I know he speaks out from time to time and that strikes me as a cheap shot.
Wallace: Your heads not going to explode?
Cheney: No.
Virginia GOP Gov. Bob McDonnell, breaking with Cantor, on Tuesday suggested that deficit-spending concerns should not be a factor as Congress and the Federal Emergency Management Agency (FEMA) respond to the hurricane.
“My concern is that we help people in need,” McDonnell said during his monthly radio show. “For the FEMA money that’s going to flow, it’s up to them on how they get it. I don’t think it’s the time to get into that [deficit] debate.”
Of last year’s 100 highest-paid corporate chief executives in the United States, 25 took home more in CEO pay than their company paid in 2010 federal income taxes.Included amongst the 25 are well-known corporate behemoths like General Electric, Boeing, Verizon, and Ebay. Prudential CEO John Strangfeld, in one example, made $16.2 million last year while his company reaped a $722 million tax refund. Bank of New York Mellon CEO Robert Kelly received $19.4 million, after his bank got a $670 million tax refund.
These 25 CEOs averaged $16.7 million, well above last year’s $10.8 million average for S&P 500 CEOs. Most of the companies they ran actually came out ahead at tax time, collecting tax refunds from the IRS that averaged $304 million.
CEOs in 22 of these 25 firms enjoyed pay increases in 2010. In 13 of these companies, CEO paychecks ratcheted up while the corporate income tax bill either declined or the size of the corporate tax refund expanded.
WALLACE: Congressman, you would really, at this point, do away with FEMA and all the things it’s doing to help hundreds of thousands of people along the East Coast?
PAUL: (Laughs.) Have you ever read the reports that came out of New Orleans and all those wonderful things they did? Giving checks to people who didn’t even live there? Sending in hundreds of millions of dollars worth of trailers that they had to junk because they didn’t meet FEMA’s standards? No. It’s a system of bureaucratic central economic planning which is a policy which is deeply flawed. So no, you don’t get rid of something like that in one day. … I mean, this idea that government can just bail out everybody and vote for money — but I propose that we save a billion dollars from the overseas war-mongering, bring half that home and put it against the deficit, and yes, tide people over until we come to our senses and realize that FEMA’s been around since 1978. It has one of the worst reputations for a bureaucracy ever. … You can’t imagine how many calls we get because FEMA’s getting in the way and they can’t get their checks, they can’t get their bailouts. … Anybody who wants to defend this department and this agency, they have a tough argument to argue for.