published Thursday, August 11th, 2011

The Lifeguard

about Clay Bennett...

The son of a career army officer, Bennett led a nomadic life, attending ten different schools before graduating in 1980 from the University of North Alabama with degrees in Art and History. After brief stints as a staff artist at the Pittsburgh Post-Gazette and the Fayetteville (NC) Times, he went on to serve as the editorial cartoonist for the St. Petersburg Times (1981-1994) and The Christian Science Monitor (1997-2007), before joining the staff of the ...

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librul said...

Beautiful, Clay.

August 11, 2011 at 1:01 a.m.
nucanuck said...

In truth, both lifeguards are standing back and watching to see whether the victim will self-revive. I think we all know the answer, but don't like to think about it.

August 11, 2011 at 1:30 a.m.
blackwater48 said...

YOU CAN’T ARGUE WITH SOMEONE WHO IS AGAINST HIS OWN IDEAS

This Country needs more jobs. We need more people earning money, buying stuff, and paying taxes because that’s the American Way. 'We The People' are all in this together.

But republicans have demonstrated time and time again that they believe the chance of President Obama’s defeat in 2012 is tied to a bad economy.

Just like Clay’s cartoon so graphically illustrates.

Even the most partisan tea bagger can’t argue with that. It’s their motivating political principle and the reason they were willing to let America default.

That’s why it's impossible to get republicans to agree to anything. One way to compromise with a republican is to just agree to everything they want, but even that doesn't always work. Democrats have endorsed and adopted lots of republican ideas, like cap and trade, individual health insurance mandate, and the formation of a bi-partisan debt commission. Each time, however, democrats discover that republicans flip-flop and are suddenly strongly opposed to their own ideas.

Michele Bachmann, for instance, railed against Obama’s $787 billion stimulus package that included investments in state aid, infrastructure projects, health care and education reforms, as well as a large package of tax breaks. She called it embarrassing. She called it an orgy of spending.

And she called on multiple government agencies to get her hands on some of that money. She requested project funding for her district about a dozen different times because she knew that improving roads and hiring more police officers would create thousands of jobs.

So, the government CAN do something to create jobs? The queen of rage whole heartedly believed it could and Bachmann eventually landed $234 billion. That sounds like a lot of money but she was actually dead last in her State.

It wasn’t for lack of trying. She applied to the Department of Transportation, for instance, to secure funding from the 'COPS Recovery Program' to add more officers at the Cold Spring Police Department. DOT informed her that they weren’t involved in law enforcement. She was supposed to have applied to the Department of Justice.

Simultaneously decrying Obama’s Stimulus Bill as ‘fantasy economics’ while congratulating herself on the new jobs she helped to create in her district is just another example of tea bagger hypocrisy.

In 2009, Rep. Eric Cantor had his beaming picture taken at the ribbon cutting ceremony for a high-speed rail project in his Richmond home district.

Back then Rep. Cantor was also AGAINST high-speed rail projects, at least the ones in every OTHER district around the country.

How do you argue with someone who is against his own ideas?

August 11, 2011 at 2:30 a.m.
hambone said...

Who said "when I get 98% of what I want, I'm happy" ?

August 11, 2011 at 6:31 a.m.
woody said...

It's oh so easy to sit back and critique another's abilities. When, in fact, a team effort would have the patient up and around in no time at all.

As always..if you're not a part of the solution, you must be part of the problem..Woody

August 11, 2011 at 6:33 a.m.
EaTn said...

The partisan ideology from local politics all the way to the top has not only drowned the economy but has killed the can-do spirit of the country. The country is divided and going down for the third time while all just watch--some dazed, some amazed and some gleeful of their mission accomplished, not aware of being on the same sinking boat.

August 11, 2011 at 7:03 a.m.
champ1 said...

Clay,

You're kidding. Right?

August 11, 2011 at 7:11 a.m.
twharr said...

Ha! Good one Clay! We silent majority/independents know the truth and know what will happen in 2012.

I can't wait for Rick Perry to make the "Decision" to solidify Obama's legacy. Wing-nut ideology at its satiric best.

August 11, 2011 at 7:27 a.m.
GreenKepi said...

Man...this cartoon is 'funny'...!

August 11, 2011 at 7:50 a.m.
OllieH said...

Absolutely, terrific cartoon, Clay, and no, Champ, I don't think he's kidding.

Our recession, and the main source of our debt problem is the lack of jobs. Unemployment is at the very core of both the practical and psychological problems that threaten our nation's economic health. Most economists, and historical examples, attest to effectiveness of government spending, not cuts in recessionary times.

And while the president has tried to stimulate job creation through government investment, the Republicans want us to do nothing. In fact, they want us to do less than nothing. Their plan to create jobs is to cuts taxes, forcing the government to cut spending that actually pays for jobs. If the government retracts, that means government workers lose their jobs. That means MORE unemployed, not less.

It's insane.

And when it comes to getting some control over government debt, the same insane logic repeats itself. While the president has promoted a plan that makes adjustments on the entitlement programs that are the source of long-term concern, he balances the cuts with tax increases. More income and less outgo equals less debt. The Republican plan to address the debt is to couple tax cuts (that will actually increase short-term debt) with spending cuts (that will increase unemployment).

It's doubly insane.

If you think that President Obama HASN'T been trying to save this economy from recession, Champ, then you're the one who must be kidding. He has. But unfortunately, he's run into a host of Republican obstacles every step of the way.

Republicans don't want the government to ANYTHING, so their plan on almost every issue is for the government to do NOTHING! That's not a solution. That's the lack of a solution. The sooner we all realize that; the sooner we all understand that the trickle-down economic theory that drives the Republican agenda is an abject failure; and the sooner we all understand that the government has a greater concern for human beings than the private sector will EVER have for human capital; the better off we'll be.

August 11, 2011 at 8:05 a.m.

I think this cartoonist is not dealing in reality. During the debt ceiling talks it came down to the House and the Senate working on it while our president faded into the background. This cartoonist's perception is not reality.

August 11, 2011 at 8:13 a.m.
BobMKE said...

Greetings from the beautiful red State of Wisconsin, formally a liberal hell hole, and formally ground zero of the national union thugs. Here in Wiconsin Gov. Scott Walker has balanced the budget, paid off the past debt, and we have a surplus. What he said he would do he did it. (See the Wall Street Journal article today which explains it all) Gov. Scott Walker and Rep. Paul Ryan are our life saving Life Guards and if they were in Clay's cartoon the man would live. Too bad the people in Washington don't have the courage to take on the tough challenges.

August 11, 2011 at 8:20 a.m.
twharr said...

@ BobMke, what exactly is Wisconsin's main export? You guys never should have been in debt to begin with. What's your states annual GDP? I wouldn't be surprised if North Dakota had a higher GDP. Your governor balancing your states budget is like me balancing my checking account. Give me a break dude.

August 11, 2011 at 8:34 a.m.
limric said...

THEY HAVE SUCCESSFULLY STARVED (DROWNED) THE BEAST: Chapter 3

The biggest problem facing the nation is not the damn debt. It is that millions of people who want work cannot find jobs. This results both in despair and in a huge loss of economic output.

BUT

America does have a de facto jobs program. It is the US military, it’s a highly inefficient one, with a satanic downside: the steady hiring of soldiers, and endless production of arms eventually leads lawmakers to think that these should not be sitting idle. This should be evident to even the dullest of minds.

That we’re supposedly too poor to fund anything except the military is by design. Since the time of Ronald Reagan, the Right has followed a strategy of ‘starving the beast’. Unlike in other countries, advocates of austerity can’t turn to the IMF to mandate destruction of widely popular social programs. Instead, by continually passing tax cuts, they have aimed to deprive the public sector of the funds to carry out initiatives they regard as noxiously socialist. Millions have been conned into believing this. No need to campaign against public programs individually: they defeat them en masse by making it impossible for the state to foot the bill. (Extra bonus: perennial tax cuts disproportionately benefited their wealthy campaign donors.)

Washington Machiavelli, Grover Norquist, famously argued that he sought not merely to emaciate the state but ‘to get it down to the size where we can drown it in the bathtub. In the abstract, the strategy might sound only slightly distasteful – and is actually quite clever. The reality is more ugly. Deliberate starvation is a cruel and violent act, and murder by bathwater is psychopathic.

Starving the public means that after-school programs for children are being eliminated; and cities plagued with crime and joblessness add to both by sending police officers into unemployment. Nor is hunger only a metaphor: just when demand for state-supported food stamps reaches a record high, conservatives attack the budget for them.

If the right-wingers continue to have their way, the elderly will be given miserly healthcare vouchers and told that they must barter for medical services on the open market. And the task of finding a public library with decent hours of operation will grow akin to spotting a Chupacabra.

Today we are seeing that government is not an abstraction. Rather, its services are a basic expression of the common good. They are things that affect the daily lives of most Americans. We wanted them. That’s why we invested in them as a nation, not just as a string of individuals. If you can't understand that, then maybe you should find some place without any of those services and protections, like Somalia.

As they are eliminated, we are being forced into an unpleasant realization: we are the ones being drowned in the tub. The beast being starved is us.

THE REVOLUTION WILL BE TELEVISED

August 11, 2011 at 9:01 a.m.
patriot1 said...

Obama could do a lot for the economy.....starting with a page from the LBJ playbook such as "I shall not seek and neither will I accept the nomination of my party...."

August 11, 2011 at 9:02 a.m.
Livn4life said...

If you really think that is what President Obama and his crew are doing for the economy, I have two syllables HA HA!

August 11, 2011 at 9:13 a.m.
Livn4life said...

Response to Blackwater48-my goodness man. If you think it is only the Republicans who are doing things to kill the economy, where have you been? Granted, political expediency and the lust to stay in power is at the root of both party's failures to do what really helps. IMHO, the Republicans can grasp all they want. They have no one who will unseat Barak Obama and the fun will just go on. A little secret for us to consider is...the fun would go on if he was not re-elected. But for any truly thinking individual to conclude the stimulus junk is working, is ludicrous. So what do the ones who claim it works do? They blame the tea party and all Conservatives but especially Republicans. We are in a fix gang and any of you who think we are on a course to correct it are deluded. Furthermore, any who think the failing Obama policies are working, just are not looking objectively. Here's a point of further pain, we do not see any indication the Repubs have any really better ideas. So the carousel goes round and round and round. It may be nearing time when the horses fly off the merry-go-round.

August 11, 2011 at 9:21 a.m.

patriot1, if G.W. Bush would have said that in 2004, we would not be in that f...ing mess, but you blind conservative idiots who are under 24/7 brainwashing from FOX news will never admit that...

The FOX propaganda tells you that democrats love "big government".. while what they want is some social justice in form of medicare, medicaid and social security..

In reality you conservatives should be called "f..ck the poor republicans", which comes much closer to reality. You hide behind your Bible while you enjoy seeing poeple suffer... oh I know they sure deservedit because they did not work hard enough in their 8 dollar job per hour... One day these people group together and stand in front of your porch, heavily armed... lets see who laughs then..

You are the ones who will bring the US to a final collapse in near future. Your kids are poorly educated, while the rich laugh about your stupidity, that you fell to their propaganda talking-points...

August 11, 2011 at 9:24 a.m.
Clara said...

All I can do is live day to day and hope for a better world.

Poo

August 11, 2011 at 9:34 a.m.
nurseforjustice said...

What is really funny about this cartoon is that the GOP lifeguard is correct. Obama's lack of experience is evident in this cartoon. He is not going to save the victim by pumping his stomach. While I agree that NO ONE is doing enough to help the economy, everything Obama does, (which ain't much) seems to be wrong. Again, it is his inexperience shining through.

August 11, 2011 at 9:41 a.m.

Where was the teamwork and compromise back when Pelsoi, Reed, and Owe'bama were ramming through the $800 billion dollar (failed) stimulus and $1 trillion dollar (failing) healthcare takeover?

Dear Ms. blonde, Clayduh never deals in reality. He draws on his own world view which is horribly skewed by his class envy and hate of successful middle-aged white men.

August 11, 2011 at 9:45 a.m.
BigRidgePatriot said...

This cartoon would be accurate if Obama was kicking the victim in the head instead of administering CPR. Clay got the GOP part right. Even a broken clock is right twice a day.

August 11, 2011 at 9:52 a.m.
mymy said...

All I see is an inexperienced know it all lifeguard/community organizer drowning in a job well above his pay grade by trying the same thing over and over again with the same bad results. Nobody can make him see the light of day. 2.5 years later and I say: How is that working out for us. Again, buckle your seatbelts we are in for a longer and bumpier ride while the world worries and all laugh.

The only thing is can do is: http://www.youtube.com/watch?v=1TD_pS...

August 11, 2011 at 10:04 a.m.
moon4kat said...

Clay captured the essence . . . again. Thanks.

August 11, 2011 at 10:14 a.m.
limric said...

Livn4life,

You make some interesting points. Refreshing to read a post that, while right leaning, isn’t driven by absolute ideology. Warehouses are running short of Pragmatism.

At some point, then, the president will have to change his tune. Instead of mimicking the Republican arsonists, Obama will have to say something about the nation’s real problem—the sick economy, unemployment and the terrible consequences facing millions of families. But it’s not clear he will have much to say beyond small-bore suggestions and the usual pep talks. If he does a sudden about-face and proposes big ideas for job creation, who’ll believe him? Would you?

It’s Obvious the White House thinks it’s good politics for 2012 to dismiss the left and court independents. Obama no doubt assumes faithful Democrats have nowhere else to go. It’s true that very few will wish to oppose him next year, given the frightening possibility of today’s crop of right-wing lunatics running the country. On the other hand, people who adhere to the core Democratic values Obama has abandoned need a strategy for stronger resistance. I don’t mean running away from Obama - but running at him—challenging his leadership of the party, mobilize dissident voices and voters, push Democrats to embrace the ideals Obama has all but forgotten.

The ‘Hope and Change’ locomotive never had the steam we all thought it had. Democrats need to board a new train and leave him on the platform of capitulation station.

August 11, 2011 at 10:25 a.m.
mymy said...

The Democrat Party is truly the Party of Hate. They are so good at blaming others for societal destruction when in fact it is them that make it happen.

I say: Keep it up Piglosi sows and Reid morons. 2012 will soon arrive.

August 11, 2011 at 11:14 a.m.
Momus said...

Mymy - you can put the Dems in a chair next to the GOP if that makes you feel better, but the problem will still remain.

August 11, 2011 at 11:22 a.m.
blackwater48 said...

IN MY DEFENSE

L4L said, If you think it is only the Republicans who are doing things to kill the economy, where have you been?

I was responding to the cartoon and pointing out that republicans have a vested interest in seeing the recovery stagnate. And if you think we are NOT recovering, remember when Bush left office GDP was dropping by 9% and the economy was bleeding 800,000 jobs per month. I enjoyed your post, though and you and made some good points. I hope all conservative posters noticed.

BobMKE is celebrating republicans only losing two seats in the recall. No way to spin a democratic victory. I was watching the Alberta Darling campaign and noticed two things: republicans did a better job of getting their voters to the polls and they were aided by $8 million from unnamed contributors from outside the State. Walker was remarkably conciliatory and offered to work with democrats going forward.

The six races represented about 11% of Wisconsin voters. Madison and Milwaukee were not involved. While republicans did a good job in keeping their majority, I don't think it will stop Walker's recall. Petitions cannot be signed until November and if I were a betting man I'd put money on seeing his name on the ballot in 2012.

August 11, 2011 at 11:41 a.m.
mymy said...

Some are learning their lesson:

“Finally, the UK, like the rest of the developed world, needs a new model of growth. Surely we have now learnt that growth cannot come from yet more debt and government spending? Those who spent the last year telling us to follow the American example with yet more fiscal stimulus need to answer this simple question: why has the US economy grown more slowly than the UK’s so far this year? “ To read the full Statement by the Chancellor of the Exchequer, Rt Hon George Osborne MP, on the global economy http://www.hm-treasury.gov.uk/statement_chx_110811.htm

August 11, 2011 at 11:52 a.m.

mymy,

"The Democrat Party is truly the Party of Hate"

the problem are stupid people like you living in a FOX-dreamworld with intellectual leaders like Hannity...

What is the feeling the tea=party dummies are showing towards Obama... I guess this is not "hate" from your perspective... you miserable creature...

August 11, 2011 at 12:03 p.m.
BigRidgePatriot said...

mymy said... “Finally, the UK, like the rest of the developed world, needs a new model of growth"

You've got that right! The leftists cling desperately to a model that has been proven counterproductive many times in the past. While the rest of the Western world seems to have learned this lesson Obama and his cohorts still hang on.

Obama is no lifeguard, he is a life taker. He is the Grim Reaper!

August 11, 2011 at 12:12 p.m.
mymy said...

austrian_in_alabama: wrong again, the problem are stupid people like you. Somebody in AL must have really put you in your place! Keep your Austrian "nose" out of this country!

August 11, 2011 at 12:13 p.m.
BigRidgePatriot said...

You have to love Rand Paul…

“Blaming Debt on Tea Party is Like Blaming Fire on Firemen… …I think we are getting to the point where he is going to have a failed presidency”.

http://townhall.com/video/rand-paul-blaming-debt-on-tea-party-like-blaming-fire-on-firemen

August 11, 2011 at 12:19 p.m.

So anyone who does not lean left or is a Democrat is stupid? Is that correct, Austrian?

There are many of us who are not Democrats who actually voted for President Obama. We feel stupid now. Not only is he a disapointment, he has turned out to be worse than those who warned us about him said he would be. This cartoon is particularly silly given how very much absent President Obama seems to always be.

What news outlets should we get the news from, Austrian?

August 11, 2011 at 12:35 p.m.

mymy and all the other tea-bagger idiots,

look at the list of AAA-countries...

What do you find?? Only socialistic, liberal, anti-religious, pro-prostitution countries with strong public health-care....

Do you need to know more you brain-dead conservative pinheads ??

August 11, 2011 at 12:52 p.m.
blackwater48 said...

NOW YOU'VE GONE TOO FAR

AIA wrote, Do you need to know more you brain-dead conservative pinheads ??

Your pejorative 'pinhead' was over the top.

August 11, 2011 at 1:01 p.m.
timbo said...

Librul, are you a relative of Clay Bennett? You've got to be.

To even suggest the community organizer in chief has done anything but hurt the economy is absurd. You hire an know nothing acedemic with no experience and it's no wonder we are where we are.

August 11, 2011 at 1:07 p.m.
hambone said...

WOW, where did all the LOVE we are seeing today come from?

I'm glad those in Washington don't have this attitude.

Oh, wait *****

August 11, 2011 at 1:09 p.m.
LibDem said...

Good one, mymy, "Piglosi sows and Reid morons". I'll bet you were a star in third grade.

Never negotiate with terrorists!

August 11, 2011 at 1:12 p.m.
mountainlaurel said...

NurseForJustice said: “What is really funny about this cartoon is that the GOP lifeguard is correct. Obama's lack of experience is evident in this cartoon. He is not going to save the victim by pumping his stomach. While I agree that NO ONE is doing enough to help the economy, everything Obama does, (which ain't much) seems to be wrong. Again, it is his inexperience shining through."

No, NurseForJustice, what is really funny is that you appear to think the U.S. is a monarchy that is ruled by one individual. Since the prior administration led by George W. Bush and Dick Cheney operated pretty much like monarchy with no objections and/or interference from a cowardly Congress, I understand that you may have become confused somewhere along the line in regard to our way of government. But the days of King Bush and Lord Cheney are over, and it’s time for us to remind each and every member of Congress that we have expectations and that Congress has duties, obligations and responsibilities to the American people, and that we intend to hold each and every one of them fully accountable for their job performance.

August 11, 2011 at 1:14 p.m.
mymy said...

At risk of losing AAA rating: 1. Austria GDP per capita: $39,634.128 We were surprised to see Austria has a triple-A rating with a stable outlook. Its business ties to the lands of the PIIGS and to Eastern Europe hurt its balance sheet. The country has a low population above 8.2 million and its 2010 GDP was roughly $332 billion per adjusted figures. The 2010 public debt ratio was 70.4 percent of GDP. Our take is that the ties to Germany may give it perhaps an artificial triple-A rating. The EIU said, even before the latest waves of weakening in trading partner nations, that Austria needs to continue restructuring, emphasizing knowledge-based sectors, move to greater labor flexibility, and grow labor participation to offset unemployment and aging trends and low fertility rates. Our own internal risk assessment is more critical than S&P and Moody’s and we just do not count Austria as a true triple-A in the European austerity path and with the PIIGS nations facing so many woes, whether the European Union bails them out or not.

August 11, 2011 at 1:21 p.m.
blackwater48 said...

WHILE ENGLAND SLEPT

MYMY and some other people assume the financial crisis in England is over too many bums getting a socialist free ride. This would be another example of establishing your conclusion first and then trying to fit events to support your opinion.

It's a little more complicated than that.

Back in March, Mervyn King, the governor of the Bank of England, gave testimony to the House of Commons Treasury select committee. He said that people who lost their jobs and small businesses that went bankrupt during the banking crisis and government bailout had every reason to be resentful and voice their protest. He said the billions spent bailing out the banks and the subsequent drastic spending cuts in domestic spending were the fault of the financial sector.

"The price of this financial crisis is being borne by people who absolutely did not cause it." He added prophetically, "Now is the period when the cost is being paid, I'm surprised that the degree of public anger has not been greater than it has."

King set out plans for new regulations and oversight that would allow banks to fail when they get into trouble. He told MPs it was necessary to move away from rules designed to prevent banks failing, with a safety net provided by taxpayers, to a system that allowed banks to fail in an orderly way.

Crisis in the British banking system dates back to 2007 - 08 and the uncertainty over investment in, and exposure to, the sub-prime mortgage debacle in the United States.

August 11, 2011 at 1:58 p.m.
mountainlaurel said...

Libertarians4Freedom said: "This cartoon is such a lie, it's Republicans that are trying to save the economy while Democrats try to drown it with massive debt and spending."

No, Bennett's cartoon reflects the truth, Libertarians4Freedom. The Republicans are doing absolutely nothing to help resolve the economic mess that they helped to create – and they certainly played a big role in creating the economic mess that we see today.

August 11, 2011 at 2:54 p.m.
mymy said...

It is pure class warfare/socialist policy in England and it is coming here as long as the Left continues to promote it. It is always on this blog. They don’t care about anything but your vote to stay in power! They will promise you anything for that vote and destroy this country doing it. There is a lot of blame to spread around, but at least the Tea Party brought this subject to the top of the list. There will always be the rich/poor and everything in-between. The rich cannot support or resolve our problems no matter how much you want to raise their taxes. There are plenty of loop holes in the tax code that could be eliminated to stop people from paying less taxes than they should. I say that is a good place to start for revenue along with stoping the borrowing and spending which just makes things worse. Oh, that includes reversing Obama polices which are hurting the economy. There are plenty of good ideas out there if we can get The Bomb out and the right person to do the right thing for the country vs. their egos/pocketbooks.

http://video.foxnews.com/#/v/1103229984001/will-violent-class-warfare-break-out-in-america/?playlist_id=87485

August 11, 2011 at 3:44 p.m.
chet123 said...

republican can'NT governed....Dwight EISENHOWER WAS THE LAST REPUBLICAN TO BALANCE THE BUDGET

August 11, 2011 at 3:57 p.m.
chet123 said...

THATS ALMOST 60YEARS AGO....LOL LOL REPUBLICAN HAVE NO CREDIBILITY...LOL LOL

August 11, 2011 at 4 p.m.
nurseforjustice said...

Mountainlaurel whined -- "No, NurseForJustice, what is really funny is that you appear to think the U.S. is a monarchy that is ruled by one individual. Since the prior administration led by George W. Bush and Dick Cheney operated pretty ... blah blah blah blah...But the days of King Bush and Lord Cheney are over, and it’s time for us to remind ... blah blah blah blah...."

wow, you remind me of a nagging old bitty that everytime she starts a conversation with her husband she gets all "historical" about their relationship instead of staying with the current facts and problems. You could really use some serious counseling.

August 11, 2011 at 4:27 p.m.
nurseforjustice said...

very nice post Libertarians4Freedom. You are exactly correct. There is plenty of blame to go around for everyone but you outlined the situation properly.

August 11, 2011 at 4:30 p.m.
MickeyRat said...

Libertarians4Freedom said "Republicans want to cut spending."

Tell us please, just when did they decide to do that? Cause the ain't done to good at it in like y'know...forever! Conservatard posts illuminate the stunning results of so many years of right wing arsonist (thank you limric) propaganda and their efforts at dumbing down the populace - is on display as big as a Macy's day parade float.

People like you and, mymy, nurseforjustice, timbo et al would make Mussolini, Pol Pot, Mao and Kim Jong Il proud.

You guys even frighten George Orwell.

August 11, 2011 at 5:44 p.m.
mountainlaurel said...

NurseForJustice said: “You remind me of a nagging old bitty that everytime she starts a conversation with her husband she gets all "historical" about their relationship instead of staying with the current facts and problems.”

Hmmm. . . And you remind me of those sleazy, dishonest, and destructive Republican politicians in Washington D.C. who continue to act in an irresponsible manner, NFJ. Indeed, these Republican weasels didn’t want to accept responsibility for their reckless and destructive conduct during the Bush Presidency, and they don’t want accept responsibility for their current reckless and destructive activities. Now, if you were really a NurseForJustice, you would be concerned about such reckless and destructive conduct.

August 11, 2011 at 6:28 p.m.
fairmon said...

Notice how Obama is looking at the water. Could he be thinking if he dunks the victim and holds him under long enough he will revive him. It may work if borrowing more money to reduce the debt to be paid by future generations works.

Those dirty conservatives actually forced reduced spending next year by 21 billion out of the 3.7 trillion planned. do they not realize that is approximately a .00000005 reduction? Do they not realize a citizen with a $4,000 a month budget would have to spend .12 cents less per month or $1.44 per year to make a comparable reduction? How unreasonable can they be?

Mntl has about convinced me Obama and the dems can make chicken salad out of chicken litter, once they get rid of the odor I may join them.

August 11, 2011 at 6:31 p.m.
fairmon said...

Solve the deficit problem:

o End three wars, bring all troops home or charge those we defend at cost plus $1.

o Eliminate the department of education

o Reduce the department of energy by 50% and put those remaining in the field assuring regulations compliance.

o Eliminate social security and medicare for anyone under age 55 and return to them their and their employers contribution.

o Regulate but allow private industry to achieve energy independence by accessing the vast reserves of oil and natural gas.

o Eliminate the current tax system and replace it with the fair tax proposal H.R. 25 and S. 13.

o Eliminate all czars and other abdication of responsibility by congress and the administration.

o Eliminate all grants, subsidies, incentives and other tools of manipulation and favor showing.

o Have all 401-K withdrawals taxed at the capital gains rate of 15% if the fair tax proposals are not in effect. The fair tax is a tax on spending not on income.

It is time for state and local governments to step up and be responsible and accountable. That is what makes America different and how America became the greatest nation on earth.

August 11, 2011 at 6:52 p.m.
stanleyyelnats said...

Republicans been driving the country into a ditch for 70 years and Democrats been pulling the country out of the ditch for the same length of time..........

stanleyyelnats.com

August 11, 2011 at 6:52 p.m.

I really don't have an issue with the cartoon drawn. Obama said it was his economy, now.

Timmy Geithner must have earlier declared the water "no risk" to swimmers.

Nancy Pelosi told the swimmer he should jump in the water, in order to find out if he could swim.

If the swimmer where a union boss, I'm sure that Obama would be using mouth to mouth, as well.

August 11, 2011 at 7:07 p.m.
mountainlaurel said...

Harp3339 said: "Mntl has about convinced me Obama and the dems can make chicken salad out of chicken litter, once they get rid of the odor I may join them."

Believe you’re little confused about this chicken litter dish, Harp3339. It's the four-toed GOP guy sitting in the lounge chair sipping the banana smoothy who created the recipe and GOP plan for the economy: “Let America’s poor and middle-class eat chicken litter.”

August 11, 2011 at 7:18 p.m.

Harp3339 you absolutely nailed it. You have my vote.

I have to laugh at some of the posts on here. Stanleyyelnats's post is particularly amusing and utterly ridiculous. Get real.

I wonder if I'm the only female on this TFP site who is not a loyal Democrat?

August 11, 2011 at 7:23 p.m.
BigRidgePatriot said...

"Top conservative/Koch brothers/corporate jet owner sources tell Townhall they're deeply concerned that a multimillion dollar recall effort against Wisconsin Governor Scott Walker next year might succeed, if attempted."

http://townhall.com/tipsheet/guybenson/2011/08/11/pretty_please_wisconsin_democrats_plan_expensive_effort_to_recall_scott_walker

August 11, 2011 at 7:25 p.m.
dude_abides said...

Oh hell yes! Limric bounces one over with two on! He even twisted 'starve the beast' into 'drown the beast'! This is either serendipity or Clay has been listening in.

mountainlaurel... You are too lithe to 'rassle' with telemarketerforjustice. Don't stoop.

barefootbutnotpregnant... No, you're not alone. There are plenty of women around these here parts that 'know their place', but your ideologies might fit better in places like Amman or Damascus. I bet you and your significant other are political soul mates. That's probably for the better.

August 11, 2011 at 7:53 p.m.
MickeyRat said...

When the Bush/Republican TAX cuts were enacted the unemployment¬nt rate was 4.5%%

One more time...... 4.5%

After over 10 years of the Bush/Republican GIVEAWAYS to the RICH the unemployment rate is over 9%

Worth Repeating:

After over 10 years of the Bush/Republican GIVEAWAYS to the RICH the unemployment rate is over 9%

Facts are stubborn things and Republicans always run from this and other very simple and clear FACTS!

Chattanooga Times News Free-Press

Thanks for the link stanleyyelnats :-)

August 11, 2011 at 8:05 p.m.
fairmon said...

Mntl,

You were so convincing that Obama and the dems could actually convert chicken litter to chicken salad. I am anxious to see how they pull off reducing the debt by increasing it. Or, how they create jobs by taxing the job creators more. China, India, Vietnam and others hope we have another stimulus program so Americans can run out and buy imported TV,s, cars, clothing, electronics and other imported goods. They really hope we do nothing to make American businesses more competitive.

Did you know?:

o China made and sold 18 million vehicles last year.

o China has the world's fastest train and high speed rail network.

o China controls over 90% of the world's rare earth minerals.

o China is now in 2ND place in the world in published scientific articles.

o China has the fastest super computer in the world.

o China has US3.04 trillion in currency reserves, the largest on earth.

o In 2010 China produced 11 times more steel than the U.S.

o Of the worlds commodities China is the largest consumer IE: Cement 53%, iron ore 48%, coal 47% and the majority of every commodity.

They have 19% of the world's population. Where did they get the money to do all that? Don't forget to make sure you buy their products instead of American made. We need to share the wealth and prosperity around the world you know. Our fine leaders will regulate and tax our businesses enough to make sure you buy imports. Too many Americans working would reduce dependence on the government and reduce their loyalty to their elected elite.

August 11, 2011 at 8:26 p.m.
mountainlaurel said...

Stanleyyelnats said: "Republicans been driving the country into a ditch for 70 years and Democrats been pulling the country out of the ditch for the same length of time."

Indeed, I believe you're right about this, Stanleyyelnats. Perhaps, it reflects the off the wall perspective that some of these GOP politicians have when it comes to people, money, and governing. For example, take GOP presidential candidate Mitt Romney:

"Pressed by an attendee at the Iowa State Fair on Thursday as to why he was focusing on entitlement reforms as a means of deficit reduction over asking corporations to share part of the burden, the GOP frontrunner shot back: "Corporations are people, my friend"

http://www.huffingtonpost.com/2011/08/11/mitt-romney-heckled-iowa_n_924426.html

August 11, 2011 at 8:31 p.m.
mymy said...

MT: You failed to tell what really happened. Probably didn't hear the truth on your left news media.

A left activist group came early set up in front to purposely cause a problem. 4 got questions in and Romney held his own, Thank you.

http://video.foxnews.com/#/v/1105530421001/heated-exchange-at-romney-iowa-event/?playlist_id=87485

August 11, 2011 at 8:48 p.m.
MickeyRat said...

mountainlaurel,

Oh, and lets not forget his reply to a question from an elderly SS & Medicare recipient, "What are you going to do about Social Security and Medicare without cutting benefits?" Mitts answer, "I'm not going to raise taxes." He then went on a diatribe about how Obama is ruining the country. Never answering the question.

Pathetic. Disgusting

He reminds me of a fish you just caught flopping around on the pier. I thought John Kerry was bad. Romney is worse.

AND THIS IS THE GOP FRONT RUNNER???

mymy complains, "A left activist group came early set up in front to purposely cause a problem. 4 got questions in and Romney held his own, Thank you." What kind of pussy a$$ defense is that? The only thing you forgot to say was,"SO THERE!"

August 11, 2011 at 8:49 p.m.
MickeyRat said...

For your information....mymy, a live video feed is not left news media. But when you think about it, FOX news is very much like a dubbed Godzilla movie - except that Japanese monster movies are more intelligent.

August 11, 2011 at 8:59 p.m.
rick1 said...

MickeyRat:

If you are so opposed to the tax rate under the Bush Administration, have you been paying lower income tax rate Bush signed into law or did you continue to pay the higher rate under Clinton?

August 11, 2011 at 9:05 p.m.
mountainlaurel said...

Harp3339 said: “Did you know China made and sold 18 million vehicles last year; China has the world's fastest train and high speed rail network; China controls over 90% of the world's rare earth minerals; China has the fastest super computer in the world etc., etc.

For heaven sakes, make up your mind, Harp3339. A few weeks ago, you were praising the dirty deeds and self-serving ways of our wealthiest 1% and Republican oligarchs like the Koch brothers, and now you seem to praising the ways and deeds of the communists in China. The bottom line is that America will not be going anywhere as long as we have politicians undermining middle-class families on behalf of their corporate donors and wealthiest 1%.

August 11, 2011 at 9:06 p.m.
mymy said...

MR: " What kind of pussy a$$ defense is that? "

He was not flopping around on a pier. He held his ground and said what he was not going to do. He also told him if he wanted somebody to raise taxes vote for Obama. Pretty straight talk.

Obama lied to the American People to get elected. It worked so well he has now earned the title of Liar in Cheif. The fact that you continue to believe in him with the economy/job situation worse after 2.5 years shows you are not well informed.

August 11, 2011 at 9:10 p.m.
rick1 said...

Here are some examples of the assault Obama is doing on businesses in this country.

In an article from Business Investors Daily it is reported Medical device companies are voting with their feet. They have begun to move R&D and manufacturing abroad and even to write off the U.S. market for certain products that are so overregulated that financing for their testing is unobtainable.

Companies prefer to create jobs in Europe or Asia "for fear of getting lost in an FDA quagmire, a money pit that has driven many small companies to bankruptcy," according to Kenneth Abramowitz, a managing general partner at NGN Capital.

Reflecting that trend, an analysis by the consulting firm PricewaterhouseCoopers indicates that the U.S.' lead in medical device development (a $120 billion industry) is eroding.

In 2010, total venture capital investing across all sectors increased 19%, while investment in medical devices fell 9%.

The pharmaceutical industry is also beleaguered. Approvals are down, development costs are up, and regulators are so risk averse that financing drug development is difficult.

Dr. John Freund, who runs a venture capital firm specializing in biopharmaceutical drug and medical device companies, lamented that "the industry is increasingly turning away from developing drugs to treat diseases that millions of Americans have, such as diabetes, obesity and cardiovascular disease — at a modest cost per patient — because it has become nearly impossible to get them approved in the U.S. The FDA recently tightened the requirements to get new antibiotics approved, and the result will be that fewer drugs to treat deadly resistant bacteria will be developed in the future."

August 11, 2011 at 9:22 p.m.
mountainlaurel said...

Mymy said: "A left activist group came early set up in front to purposely cause a problem. 4 got questions in and Romney held his own, Thank you."

What kind of repressive country are you promoting, Mymy. Surely, you're not suggesting that a "leftist" does not have the right to ask a presidential candidate a question?

August 11, 2011 at 9:27 p.m.
fairmon said...

Mntl,

Read it again. What I am saying is your heroes keep making China and others wealthy. You are hopeless and when the stuff hits the fan you may see how you were had by a super con called Obama.

George Soros loves it, he is getting wealthier every time the dollar loses value. It recently gained and gas gets cheaper, when it weakens again gas will cost more. After your reference to the Kock brothers I did some research. I would probably vote for him if he was willing to run. Those intelligent enough to handle the job are not dumb enough to accept it. I understand that a lot of people are scared and don't have confidence in their ability to provide for themselves. I am just surprised by the number beyond the young, elderly and disabled that look to the government to do everything and provide everything for them. They hide it by acting like they want it for others.

Did you not like my 8:52 pm austerity plan?

August 11, 2011 at 9:34 p.m.
inthemiddle said...

Mickey and Mtn

These seemingly ordinary people who just wanted some answers were from the group Iowa Citizens For Community Improvement. They in turn are a sub group of the National Peoples Action group.

NPA was founded by Gale Cincotta in 1972 in Chicago (hmmm...). Now Gale was mad because the mean old banks were red-lining loans. Meaning they weren't making loans that they didn't think were wise investments. Her belief was that it was racially motivated and pushed for the banks to make loans that they felt were not wise for their business. This led to the outlaw of red-lining and ultimately the Community Reinvestment Act of 1977. She believed that all banks should be forced to loan money to the communities they operated in. The bill said that the banks had to provide the records of where they made loans and to provide community organizations with that information. So now when the bank went in front of regulators the community organizers had a right to testify about the banks fulfillment of their "duties". So these organizers were able to extort some healthy "donations" for their kind testimonies.
Forward to 1990 in case you weren't aware how the world's banks got into this mess they are in now. The subprime mortgage crisis had its origin in the program the directors of Fannie Mae initiated in the late 1990's to pursue social welfare goals rather than maintain financial viability. Remember The Community Reinvestment Act of 1977? Lenders were strongly encouraged to reduce the requirements for mortgage below what had been found to be the minimum adequate levels. Having pushed the lenders into the subprime mortgage market Fannie Mae made the financially infeasible feasible by being willing to buy such subprime mortgage and to grant default insurance on such mortgages. Under Mr. Franklin Raines, appointed by Clinton, Fannie Mae began to demand banks prove they weren't red lining anymore. This lead to quotas of minorities being provided mortgages that would have otherwise not been made. Remember good old Fannie and Freddie would back these mortgages so what the heck do the banks care. They were forced to do it and by god they did. Fannie and Freddie then pooled these risky loans and sold them all over the world. Heck who would question these guys they were backed by the full faith and credit of the Good Old USA.

August 11, 2011 at 9:45 p.m.
inthemiddle said...

When Fannie Mae effectively went bankrupt after all of the ARM's began to come due the lenders who had written such subprime mortgages found that there was no longer a market for them and thus they were stuck with them. Also those lenders who had obtained default insurance now find that insurance is useless if Fannie Mae cannot pay off on the defaulted mortgages. The lenders should have been aware that there is a risk with any insurance company that it might not be willing and able to pay off on claims. The supposed guarantee of Fannie Mae obligations by the Federal Government removed any concern of businesses with the risk of counter-party default.

Forward to 2011 Now you are seeing what happens when you practice social business instead of financial business......thank goodness those people were there to school Mr. Romney.

August 11, 2011 at 9:46 p.m.
BobMKE said...

Top 10 reasons to vote Democrat:

  1. I voted Democrat because I believe oil companies' profits of 4% on a gallon of gas are obscene, but the government taxing the same gallon of gas at 15% isn't.

  2. I voted Democrat because I believe the government will do a better job of spending the money I earn than I would.

  3. I voted Democrat because Freedom of Speech is fine as long as nobody is offended by it.

  4. I voted Democrat because I'm way too irresponsible to own a gun, and I know my local police are all I need to protect me from murderers and thieves.

  5. I voted Democrat because I'm not concerned about millions of babies being aborted so long as we keep all death row inmates alive.

  6. I voted Democrat because I think illegal aliens have a right to free health care, education, and Social Security benefits.

  7. I voted Democrat because I believe businesses should not be allowed to make profits for themselves. They need to break even and give the rest away to the government for redistribution as the Democrats see fit.

  8. I voted Democrat because I believe liberal judges need to rewrite the Constitution every few days to suit some fringe kooks who would never get their agendas past the voters.

  9. I voted Democrat because I think it's better to pay billions to people who hate us for their oil, but not drill our own because it might upset some endangered beetle, gopher or owl.

  10. I voted Democrat because while we live in the greatest, most prosperous country in the world, I was promised "hope and CHANGE".

August 11, 2011 at 9:47 p.m.

Excuse me, Dude?

For your information my husband voted for McCain-Palin and I voted for Obama-Biden. He said I would regret it. He was right! This is what happens when you vote without using your brain and don't do your homework. I was guilty of both.

The stupid comments on here by loyal Democrats are not just shocking they're a study in dillusion. Talk about kool-aid drinkers!

Dude, I think the only ones who are talking about making sure a woman stays in their place are Democrats, like Bill Mahr.

August 11, 2011 at 9:49 p.m.
mountainlaurel said...

It’s good to see some elected officials are finally thinking about the big picture:

"WASHINGTON – One day after Republicans in the House and Senate announced their picks for the Joint Select Committee (JSC), Oregon’s Senator Jeff Merkley and 22 of his Democratic colleagues sent a simple message to Republican lawmakers: Put jobs first. In a letter to Senate Minority Leader Mitch McConnell, the senators argued that spurring job growth in the short term is a vital element of reducing the deficits and should therefore be central to the new committee.

“For families across the country, the biggest economic problem is high unemployment,” wrote the senators. “As you know, the lack of jobs and anemic growth rate of the economy are not only enormous problems in their own right, causing great pain for millions of Americans, they are a major component of our deficit. Indeed, the loss of revenue resulting from the recession accounts for nearly $4 trillion of the projected deficits over the next 10 years.”

“It is therefore appropriate and important that the JSC explicitly embrace job creation as a part of its mission,” they continued. “Targeted investments in economic growth and job creation can complement and even enhance long-term deficit reduction efforts and should be a priority that the JSC embraces.

“Let us be very clear: our fiscal challenge is directly linked to the jobs crisis and we cannot solve the former without tackling the latter.”

http://merkley.senate.gov/newsroom/press/release/?id=03161F15-8973-4C21-A812-0D3D9B38E820

August 11, 2011 at 9:54 p.m.
inthemiddle said...

The Republican reply sent shortly thereafter read "Ditto to you too."

Are we to believe that either party will put politics aside? I'm sure that will happen and they will all come out patting themselves on the back with one hand while the other hand has their fingers crossed. This will be all about deferring any cuts, taxes or other meaningful solutions beyond the election at least and much farther if they can help it. This will be politics as usual from both sides.

August 11, 2011 at 10:04 p.m.
mountainlaurel said...

InTheMiddle said: “These seemingly ordinary people who just wanted some answers were from the group Iowa Citizens For Community Improvement. They in turn are a sub group of the National Peoples Action group.”

I believe every citizen has the right to ask questions of a political candidate. The fact we coddle our political candidates and allow our questions to be screened by some unknown persons is a sad commentary on our democracy. If a political candidate can’t handle questions from the general public, he/she shouldn’t be running for public office.

August 11, 2011 at 10:15 p.m.
inthemiddle said...

mountainlaurel said....I believe every citizen has the right to ask questions of a political candidate. The fact we coddle our political candidates and allow our questions to be screened by some unknown persons is a sad commentary on our democracy. If a political candidate can’t handle questions from the general public, he/she shouldn’t be running for public office.

Of course the president wouldn't back away from the hard questions would he?

Remember this? July 2, 2009 LA Times "This morning, the Washington Post is reporting that "of the seven questions the president answered, four were selected by his staff from videos submitted to the White House Web site or from those responding to a request for 'tweets.' " And the three audience members he called on randomly? The Post says "all turned out to be members of groups with close ties to his administration: the Service Employees International Union, Health Care for America Now, and Organizing for America, which is a part of the Democratic National Committee."

None of this would surprise any good White House advance staffer. Better to control the crowd, screen the questions, anticipate the topics. And, to be fair, a college campus in a Democratic county might be expected to produce friendly questioners."

Even the very liberal journalist Helen Thomas had to call him on this one for the way he controlled his press conferences and town hall meetings.

http://youtu.be/fh5vzOAEQ-A

August 11, 2011 at 10:45 p.m.
dude_abides said...

liberatedbutnotreally... So if Obama had turned out, in your estimation, to be a good President you would be in favor of the sociopolitical ideals he has espoused all along? But since you don't think he's a good President, you disagree with everything his party stands for? Anybody that could flip-flop that quickly and easily should spend more time reading and less time writing. This time you're sure you'll never change your mind, right?

August 11, 2011 at 10:48 p.m.
SavartiTN said...

BobMKE, that same "voted Democrat" crap was posted on July 30th by IntheMiddle on the Driver Seat cartoon. Work on some original material, please.

August 11, 2011 at 10:48 p.m.
hambone said...

Some on here are right. It's all Obama's fault. His just being in the White House have parralized the Republicans so bad that they can't see or don't care what they are doing to our great country!

August 11, 2011 at 10:49 p.m.
rick1 said...

mtl: here is another one where Obama surpressed the media.

From Politico:

Another presidential speech, another fight over press access to it.

Some member of the White House press corps were annoyed that the White House treated last night’s speech on Afghanistan like a speech from the Oval Office, with all the limits that come with it, when it was actually given from the roomier East Room, the AP reports.

In past East Room speeches, reporters, photographers and other television cameras have been allowed in to cover the event, while Oval Office speeches typically bar print reporters and still photographers to minimize distractions. Last night, access was limited to just one print pooler and one still photographer.

But this is nothing new: the Obama administration has slowly choked off press access to White House activities and substituted its own coverage, as this ABC report (headlined “Obama’s Media Machine: State Run Media 2.0?”) noted recently:

August 11, 2011 at 10:52 p.m.
rick1 said...

mtl: You have to love the transparency of Obama.

Obama Suppresses Free Speech By thefortworthpress Obama Supresses Freedon of Speech! The following is a direct cut and paste from Obama’s website. Make up your own mind about this guy.

CAN I TALK TO THE PRESS?

  • We ask that you under no circumstances talk to press before or during your time in North Carolina.
  • We also ask that you do not blog about your experience.
  • Unfortunately, if you do talk to the press you may be asked to halt volunteer activities with the campaign.

Thank You

Thank you for being a part of the North Carolina campaign! If you haven’t received information about where you will be going in North Carolina within 48 hours of your sign-up, please follow-up with us at ncgotv@barackobama.com.

August 11, 2011 at 10:54 p.m.
mountainlaurel said...

Harp3339 said: “What I am saying is your heroes keep making China and others wealthy.”

My heroes? Sorry, Harp3339, but I don’t have any political heroes.

Harp3339 said: “You are hopeless and when the stuff hits the fan you may see how you were had by a super con called Obama.”

And the destructive crap the Republicans are throwing at the fan? Does it meet with your approval? Does any candidate or anything meet with your approval?

Harp3339 said: After your reference to the Kock brothers I did some research. I would probably vote for him if he was willing to run.

Good grief. . . (Sigh). . . And you called me hopeless, Harp3339.

Harp3339 said: I am just surprised by the number beyond the young, elderly and disabled that look to the government to do everything and provide everything for them. They hide it by acting like they want it for others.”

Indeed, what are we going to do with all of those young, elderly and disabled people trying to take food out of the mouths of America's wealthy oligarchs like the Koch brothers?

August 11, 2011 at 11:01 p.m.
rick1 said...

For those who believe the Bush tax cuts did not generate revenue here are bthe facts that prove other wise.

According to the Office of Management and Budget, Historical Tables, Budget of the United States Government, Fiscal Year 2007 (Washington, D.C.: U.S. Government Printing Office, 2006, pp. 25-26, Table 1.3, Jan. 16, 2007), with final 2006 revenue figures added in, there was an inflation-adjusted 20% tax revenue increase between 2004 and ’06, and this represents the largest two-year revenue surge since 1965-67.

http://www.humanevents.com/article.php?id=45449

August 11, 2011 at 11:10 p.m.
fairmon said...

Mntl...

The young, elderly and disabled don't have only the wealthy to depend on. The majority of people will assist and help provide for them and the government should as well but stop the wide spread abuse. I do not think people like you and I should be allowed to be dependent on the government to provide us any kind of financial support. The koch's, Warren Buffet and many very wealthy people do a lot more than is publicized for charitable causes. George Soros spends more than all of them combined on self serving personal interest.

To answer your question, I don't approve anyone in congress or the administration or any candidates at this point. I find Herman Cain and Ron Paul interesting but need a lot more information than 30 and 60 second responses during debates or interviews. I would prefer they had to reveal who would fill their cabinet positions before the election. That is one of Obama's weak points, he does not have a strong capable staff and VP. He selects them based on their politics instead of ability plus he has had too much turnover at the worst possible time.

Congress and Obama got upset when the BP CEO went on a two day cruise with his family during the oil spill clean up which was a regional crisis but they all take off on a 4-6 week vacation when we are in a worse national crisis.

August 11, 2011 at 11:53 p.m.
BobMKE said...

SavartiTN, and your response on the ten would be ?????????????????

August 12, 2011 at 12:12 a.m.
SavartiTN said...

My answer is as it was before...and is posted under Clay's cartoon called the Driver Seat.

August 12, 2011 at 12:49 a.m.
mymy said...

ML said: What kind of repressive country are you promoting, Mymy. Surely, you're not suggesting that a "leftist" does not have the right to ask a presidential candidate a question?

NO, I was not. They were hecklers! Romney handled them very well! You do not get the truth from Huffington Post. The stupidity of the left never ceases to amaze me especially your inability to understand what Obama and company have done in the 2.5 years to destroy this country and make things worse.

Again, the Left is so good at blaming others for societal/economic destruction when in fact it is them that make it happen.

The housing bubble started with Carter (worse President until Obama claimed the title) started it with the Community Reinvestment Act of 1977. Twist anyway you want the Democrats are responsible right up to Barney Frank and company.

ML said: “Let us be very clear: our fiscal challenge is directly linked to the jobs crisis and we cannot solve the former without tackling the latter.” We have been hearing that talking point for 2.5 years and look what happened—things are worse because of Obama and company policies. He created an unfriendly environment for the private sector to invest, grow, hire. Obamacare, regulations, threat of more taxes. So, why would they do anything now to create jobs. I ask what would the Dimo’s do with more taxes from the rich: spend it NOT pay down the debt! So, what would that do in the long run.
“Targeted investments” = borrow and spend! Now that’s a another bad idea with our current situation. Just like the JSC. Congress couldn’t do the job so they kicked the can to a small group while the rest sit on their “can” till Fall. All were elected to do this job not a small group. New flash: another 3 ring circus is coming. While Rome is burning………Obama is missing in action. He is good at delegating, blaming everybody else, lying, paying golf, traveling and partying! Guess the Obama’s are enjoying all the perks paid for by the taxpayers because it is only going to last 4years.

August 12, 2011 at 7:51 a.m.
BobMKE said...

SavartiTN,

Thank you for directing me back to that cartoon. I was on vacation at that time and missed it. I read your comments and I of course disagree with you but I do respect your right to your views.

August 12, 2011 at 8:24 a.m.
alprova said...

MyMy wrote: The housing bubble started with Carter (worse President until Obama claimed the title) started it with the Community Reinvestment Act of 1977. Twist anyway you want the Democrats are responsible right up to Barney Frank and company.

Only you, Ms. Ignoramus, could go back thirty years to begin to blame anything for the housing bubble. The CRA of 1977 simply prohibited discrimination when making loans to people of color or those with lower incomes. Ir specifically exempted people with bad credit from consideration. In other words, the CRA did not require banks to make risky loans. Blaming the CRA for any part of the housing bubble is ludicrous.

I've addressed this issue many times and no matter how hard you try, you cannot saddle the Democrats with more than a minimal amount of blame in what happened. The Graham-Leach-Bliley Act of 1999, that rescinded The Glass-Stegall Act of 1933, is the spark that started it all.

It allowed a repeat of what led to the collapse of Wall Street in 1929, by allowing banks, investment houses, and insurance companies to combine assets and place fraudulently written mortgages up as legitimate investments.

And my dear, Graham, Leach, and Bliley were all Republicans. The Republicans almost all voted for it when the Act was passed, while 92 Democrats opposed the bill.

Why don't you stop watching Fox News long enough to investigate the truth to some matters every now and then. You'll only educate yourself, rather than being ignorant all the time.

August 12, 2011 at 10:37 a.m.
SavartiTN said...

My ending to the cartoon:

"You're NOT much of a lifeguard."

To which Obama replies, "You're NOT much of a 'party,' slick."

August 12, 2011 at 11:36 a.m.

Mr. Dude, you're one angry person. First of all, when I voted for President Obama I simply wasn't paying attention. I was busy and didn't take the time to do my homework. He sounded ok, and he did sound like a moderate. Someone who could be worked with.

I'm not flip flopping, my eyes have been open to the fraud that he is. Not only has he turned out to be a crappy president, he's also a dangerous one. He has no leadership skills. He's very good at dividing though.

You should spend less time on here trying to prove everyone who does not agree with you is stupid, and accept the reality that people of both parties believe President Obama is a big, fat zero. The proof is out ther to see. Whether I came to that conclusion in 2008 or now, it doesn't matter.

You come across like an arrogant prick who is just itching to make someone look dumb.

August 12, 2011 at 12:45 p.m.
mymy said...

ALPOO: I'm sure there can be blame found on both sides, but the Democrates are the Major contributor. Knowing ACORN had it's nose in the problem, I found several articles. Here one:

http://www.openmarket.org/2009/11/16/how-acorn-destroyed-the-housing-market/

ACORN under another name will continue to promote voter fraud in 2012 I firmly believe!

August 12, 2011 at 12:49 p.m.
mountainlaurel said...

Mymy said: "They were hecklers!"

Rick1 said: "Obama surpressed the media."

Inthemiddle said: These seemingly ordinary people who just wanted some answers were from the group Iowa Citizens For Community Improvement.

The point that I was trying to make was simply that all citizens have the right to propose a question to political candidates – any political candidate or any elected official.

And for the record, the meaning of the word “question” is to make an inquiry; and the meaning of “heckle” is to interrupt somebody with shouting. The two are quite different. Perhaps, a good “heckling” example would be the incident that occurred a few years ago when Republican representative, Joe Wilson, shouted, “You lie,” during President Obama’s speech to Congress.

As to the actual question that was asked of Mitt Romney, I believe it was a fair and straightforward question. Why is Mitt Romney focusing on entitlement reforms as a means of deficit reduction over asking corporations to share part of the burden?

From my perspective, Mitt Romney’s response, “Corporations are people,” was off the wall, and I say this for a variety of reasons. Perhaps, the most important reason is simply that I don’t agree with Romney. Corporations are/were created by man, specifically by governments. As such, they cannot be considered people by any stretch of the imagination. I also believe that any politician who promotes the idea that “corporations are people” cannot be trusted.

August 12, 2011 at 12:52 p.m.
mymy said...

MT: They had the right to ask the question, but refused to follow order to do that. They were disruptive and they were there to heckle/cause a problem.

RE: Corporations are people He also tried to get in that they provided jobs......etc. It was very disorderly with this group and hard to get points across.....

Re Joe Wilson: he has proved to be right!

August 12, 2011 at 1:29 p.m.
hambone said...

Maybe when the GOP/TeaParty field of hopefuls is cut down a little, those that are left will be able to do what DUBYA did and screen those present to be sure they are "supporters".

August 12, 2011 at 1:55 p.m.

mymy,

you are blaming the housing bubble to ACORN ???

Why not blaming Obama???

It would be consistent with your logic and thinking anyway..

I am sure in a few years you will doing that ....

poor creature...

August 12, 2011 at 2:33 p.m.
alprova said...

MyMy wrote: ALPOO: I'm sure there can be blame found on both sides, but the Democrates are the Major contributor. Knowing ACORN had it's nose in the problem, I found several articles.

That article, if it can be called one, is packed full of lies.

ACORN had nothing to do with the mortgage crises. To even suggest it is the most laughable thing written to date.

Barack Obama's relationship with ACORN consisted of representing the organization in ONE lawsuit. Obama took a case, known as ACORN vs. Edgar (the name of the Republican governor at the time) and won the case in 1992.

With assistance from the U.S. Department of Justice in the suit against the state of Illinois, the law imposed as a result of that litigation forced state compliance with a federal voting access law. His work helped create the "Motor Voter" law in Illinois.

Three separate investigations cleared ACORN workers of criminal wrongdoing in that ACORN videos released by Breitbart, that resulted in ACORN being cut of from Federal funds. Those videos were heavily edited and a farce in and of themselves investigation revealed.

The Federal National Mortgage Association, nicknamed Fannie Mae, and the Federal Home Mortgage Corporation, nicknamed Freddie Mac, have operated since 1968 as government sponsored enterprises (GSEs).

These government protections include access to a line of credit through the U.S. Treasury, exemption from state and local income taxes and exemption from SEC oversight.

Fannie Mae and Freddie Mac were used as clearing houses for banks to dump those tainted mortgages onto, and that was demanded of them to do by the Fed in order to allow banks to loan more money. And that has been the case since the 70's, so blaming Dodd and Frank is as pointless as all the other guff offered in that article.

By and large, the problem that led to the housing bubble that burst, was due to brokers becoming involved in the mortgage lending business, who hired people with no scruples whatsoever, who wrote mortgages as if they were selling used cars, and paid piecemeal according to the number of loans that were made.

They falsified applications and urged consumers to falsify information. Flippers, or those who bought homes strictly to profit from, were the largest group of those who defaulted on their loans. Then you add in those who lived in them, short term, but walked away from loans on homes when the amount they owed exceeded the home's worth, and you have the perfect storm.

People who obtained mortgages for a chance to own a home of their own, although blamed for what happened, are not among those who defaulted in large numbers. 93% of those with secondary mortgages were still making their payments on time.

ARMS were 20% of the mortgage market. with a 7% default rate of 20% of the market, there is no way to make a case under Heaven, that secondary mortgages are responsible for what happened. It's ludicrous to even suggest it.

August 12, 2011 at 3:26 p.m.
nurseforjustice said...

Mtl constantly complains:::

"Hmmm. . . And you remind me of those sleazy, dishonest, and destructive Republican politicians in Washington D.C. who continue to act in an irresponsible manner, NFJ. Indeed, these Republican weasels didn’t want to accept responsibility for their reckless and destructive conduct during the Bush Presidency, and they don’t want accept responsibility for their current reckless and destructive activities. Now, if you were really a NurseForJustice, you would be concerned about such reckless and destructive conduct."

If you would attempt to remember what people say on here instead of just cutting everyone down, you might make more sense and even have less to say (but alas, on that I can only hope). I have always been one to accept responsibility for my own actions and expect others to do the same. I have always said that we did not get in this mess with just one party but that all were to blame. (try to remember or better yet go back and read former post before making accusations).

To tell you the truth, I can't remember the last time a president actually said, "oops, I made a mistake". We all know they do but I'll be dadgum if one has ever admitted it. Of course if Obama was to do that all of his speeches would begin with "oops, I made a mistake" =)

August 12, 2011 at 3:39 p.m.
chet123 said...

harp339...on august 11,8:26pm..

YOU GAVE A LIST OF CHINA ACCOMPLISHMENTS....WHAT YOUR POINT???? THIS IS WHAT MAKE ME THINK YOUR BREAD IS NOT ALL THE WAY DONE.. THE U.S. HAD NO DEALING WITH CHINA UNTIL RICHARD NIXON(A REPUBLICAN) WENT OVER CHINA BROWN-NOSING..BEFORE NIXON GROUND BREAKING VISIT..THE U.S. HAD NO TIES TO THE COMMUNIST COUNTRY NOT SINCE 1949.

IT VERY EVIDENTED THAT YOU ARE A FOX NEWS MAN....BY THE WAY YOUR HERO RUPERT MURDOCH IS MARRIED TO A GOLD DIGGER COMMUNIST CHINESE LOL LOL LOL...I'VE TRIED TO TELL YOU MANY TIMES..THAT YOU TURN IN TO THAT WHICH YOU DESPISE..LOL LOL LOL..DO YOU HAVE A REPOBATE MIND??? YOU TALK ABSOLUTLY CRAZY....ARE YOU THAT MIXED-UP IN THE HEAD....YOU ARE BRAGGING ABOUT A COMMUNIST COUNTRY WHO WILL TAKE CONTROL OF THIS COUNTRY BECAUSE YOU AND THE RICH AND GREDY...WANT CHEAP LABOR TO MAX.THE PROFIT INTO THEIR GREEDY POCKETS LOL LOL LOL

I DONT GET YOU BRO!....YOU FIGHT AGAINST INFRASTRUCTION IN THE U.S. BUT BRAGS ABOUT CHINA HAVING A BULLET TRAIN, YOU CONSTANTLY CONTRADICTS YOUR OWN SELF

YOU TALK ABOUT CHINA SUPER COMPUTER THEY SUPPORT THEIR PUBLIC SCHOOL,BUT YOU PUT DOWN OUR PUBLIC SCHOOLS....YOU TALK ABOUT THEIR STEEL PRODUCING RECORDS...BUT YOUR HERO THE RICH AND GREEDY EXPORT OUR STEEL PRODUCTION JOBS TO CHINA.....

SO HOPE YOU UNDERSTAND (SINCE YOU DONT KNOW YOUR BUTT FROM A HOLE IN THE GROUND)THAT RICHARD NIXON, REPUBLICAN CONGRESS, RICH AND GREEDY WITH THEIR PROPANGANDA HAVE WEAKEN THIS COUNTRY AND PLACE THE U.S. IN A POSITION TO BE OVER-TAKEN BY A COMMUNIST COUNTRY...WHO WOULD PURGE YOU AND THE RICH AND GREEDY LIKE STEPPING ON COCK-ROACHES...LOL LOL

YOU ARE SO MIXED UP THAT YOU ARE AIDING THE ENEMY.....YOU THINK "UP IS DOWN"..."BIG IS SMALL"..."BLUE IS RED"....HATE HAVE CONSUMED YOU...LOL LOL LOL...

ONE OF THE PROPHET IN THE BIBLE MANY YEARS AGO SAID...WOE(WARNING) UNTO THEM THAT CALL "EVIL GOOD, AND GOOD EVIL"...THAT PUT "DARKNESS FOR LIGHT,,,AND LIGHT FOR DARKNESS"..THAT PUT "BITTERNESS FOR SWEET..AND SWEET FOR BITTERNESS"(ISAIAH 5:20)....I'M GLAD THESE COMMENTS ARE OPEN TO THE PUBLIC ALL OVER THE WORLD..LOL LOL WHAT A PIN-BRAIN!!

August 12, 2011 at 5:06 p.m.
dude_abides said...

blindbutnotnumb...I just hate to see someone get swept up in misguided fervor. Do you think women are paid as well as men are? If I had my way they would be. I will thank you for not referring to me as itchy genitalia any more.

nurseforvengeance...the term 'cutting down' should probably be shelved, along with 'trippy', 'groovy', 'book' or 'sky' (meaning leave), 'break red', 'party hardy', etc. Just seems dated. Does that seem critical?

August 12, 2011 at 5:53 p.m.
rick1 said...

Clinton and the Glass-Steagall. Clinton vowed to veto the Senate version of the bill unless it was re-written to include "requirements that banks make loans to minorities, farmers, and others who have had little access to credit." The new version passed 90-8 in the Senate, passed the House, and Clinton signed it into law. Clinton's required reworking of the bill should be studied closely to see what role, if any, it played in illegal, often racist, subprime loans at higher rates than Caucasian borrowers were offered. http://www.nytimes.com/1999/05/07/business/senate-votes-to-drop-barriers-between-nation-s-financial-industries.html

Days before the repeal of Glass-Steagall, Clinton's Secretary of the Treasury, Robert Rubin, resigned, and took a cushy job with the newly formed Citigroup as Chairman of the Executive Committee, drawing a salary of $40 million a year.

Clinton and his administartion had their finger prints all over this also.

August 12, 2011 at 6:17 p.m.
rick1 said...

In reference to Fannie and Freddie let's go back to 1991. In 1991 Barny Frank was on the House Banking Committee and his lover, Herb Moses was assistant director for product initiatives at Fannie Mae and had been at the forefront of relaxing lending restrictions at the company for rural customers, according to the Feb. 23, 1998, issue of National Mortgage News.

In 1991, Frank and former Rep. Joe Kennedy, D-Mass., lobbied for Fannie to soften rules on multi-family home mortgages although those dwellings showed a default rate twice that of single-family homes, according to the Nov. 22, 1991, Boston Globe.

BusinessWeek reported in its Nov. 14, 1994, issue that Fannie Mae called on Frank to exert his influence against a Housing & Urban Development proposal that would force the GSE to focus on minority and low-income buyers and police bias by lenders regardless of their location. Fannie Mae opposed HUD on the issue because it claimed doing so would “ignore the urban middle class.”

In 2003, Congressman Frank (who was the senior Democrat on the Committee) aggressively campaigned to resist regulation attempted by the Bush administration to monitor and curtail the very lending which Congressman Frank and others blamed for the collapse.

Those are the facts, which show democrats are just as resposable for the housing crisis if not more then the republicans.

August 12, 2011 at 6:21 p.m.
chet123 said...

ALPROVA....PLEASE LET ME KNOW IF AM HALLUCINATING OR IMAGINING WHAT "MYMY" JUST POSTED ...HOW CAN ANYONE SAY SOMETHING SO STUPID.....WHOSE FEEDING THESE GUYS GROSSLY FLAWED INFORMATION.....THEY DONT HAVE A CLUE WHATS GOING ON...AND TRUST TO BE BRAZEN ABOUT IT..THEY MUST SOLELY RELY ON "HATE LINKS"..I HAVE NEVER SEEN ANYTHING LIKE IT IN MY LIFE......

August 12, 2011 at 7:38 p.m.
alprova said...

Rick1 wrote: In reference to Fannie and Freddie let's go back to 1991. In 1991 Barny Frank was on the House Banking Committee and his lover, Herb Moses was assistant director for product initiatives at Fannie Mae and had been at the forefront of relaxing lending restrictions at the company for rural customers, according to the Feb. 23, 1998, issue of National Mortgage News.

That would be a neat trick for Barney Frank to pull off. You see, Congressman Frank only served on the House Financial Services Committee from 2007 until January of this year.

There is no mention on any Governmental website of Frank being on any banking committee at any other time in his career as a Congressman. There are many blogs out there that suggest that he served on some banking committee back then, but where is the proof?

As for Herb Moses, his position while working for Fannie Mae was not such that he was empowered to relax any lending restrictions. The man was in marketing.

In 1991, Frank and former Rep. Joe Kennedy, D-Mass., lobbied for Fannie to soften rules on multi-family home mortgages although those dwellings showed a default rate twice that of single-family homes, according to the Nov. 22, 1991, Boston Globe.

I Googled the above paragraph and discovered that it appears in numerous blog posts around the web. You cut and pasted it. It's bunk.

BusinessWeek reported in its Nov. 14, 1994, issue that Fannie Mae called on Frank to exert his influence against a Housing & Urban Development proposal that would force the GSE to focus on minority and low-income buyers and police bias by lenders regardless of their location.

Fannie and Freddie were created specifically to serve the secondary mortgage market. Any charge the Congressman Frank exerted any influence on anyone or any entity is pure unadulterated horse squeeze.

In 2003, Congressman Frank (who was the senior Democrat on the Committee) aggressively campaigned to resist regulation attempted by the Bush administration to monitor and curtail the very lending which Congressman Frank and others blamed for the collapse.

Another cut and paste from an article posted on thepoliticalguide.com. Mind you, there's not a shred of proof to one sentence written in that article. Freddie and Fannie were not subject to regulation as a Government Secured Enterprise (GSE).

Those are the facts, which show democrats are just as resposable for the housing crisis if not more then the republicans.

You haven't offered any "facts." What you have offered are some opinions written by people with no clue to what the truth is about anything they have writtem.

August 12, 2011 at 8:03 p.m.
fairmon said...

chet123...

I should have known your limited reading and comprehension skills would not allow you to understand the post regarding China. How do you conclude stating facts about China is supporting them or the wealthy? You are right, tricky Dick Nixon started it and every president and congress since enables China to use our resources to achieve those listed and more. Dumb ass shoppers like you go to Walmart and other retailers and buy imports even when you could buy American made. Do you drive a foreign made car? Do you look for country of origin when buying groceries? Do you look for American made clothing and other products?

Answer a few questions instead of getting diarrhea of the mouth and jumping to incorrect conclusions due to your narrow view of the world which amplifies your ignorance, talk about a pin head. You are quick to call names and label others dumb which is a tactic used by those lacking intelligence to hide their ignorance. Do you know why the stimulus checks did nothing for our economy? Could it be people ran out and spent them on imported goods? Or, paid on the credit card for previously purchased imports? Why did China's economy show an increase consistent with the U.S. sending out checks?

Why don't American businesses build or expand here? Would you spend your money to build or expand a facility and hire people if there was no demand for the product? What percent of the cost of American made goods and services that you buy is due to local, state and federally imposed cost and taxes?

August 12, 2011 at 8:06 p.m.
alprova said...

Chet 123 wrote: .I HAVE NEVER SEEN ANYTHING LIKE IT IN MY LIFE.

Unfortunately, I can't say the same thing. I've seen this and other examples of her kind of tripe too many times over the last decade or more.

August 12, 2011 at 8:07 p.m.
nurseforjustice said...

Dude_ahomeless says:::

nurseforvengeance...the term 'cutting down' should probably be shelved, along with 'trippy', 'groovy', 'book' or 'sky' (meaning leave), 'break red', 'party hardy', etc. Just seems dated. Does that seem critical?

Yes that is very critical. I can't help it if I am old.

August 12, 2011 at 10:02 p.m.
Lightnup said...

Alprova wrote: "Congressman Frank only served on the House Financial Services Committee from 2007 until January of this year."

So that must mean this May 26, 2011 item from boston.com Political Intelligence, the Boston Globe's online site, which states that Congressman Frank was actually on the House Financial Services Committee in 1991 is a complete fabrication and New York Times reporter Gretchen Morgenson is also lying about it in her book on the financial crisis?

"WASHINGTON — Representative Barney Frank helped his then-companion land a job at mortgage giant Fannie Mae in the early 1990s at the same time Congress was writing legislation to improve oversight of the lender, according to New York Times reporter Gretchen Morgenson, who recently wrote a book examining the financial crises.

Frank was a member of the House Financial Services Committee in 1991 when he "actually called up the company and asked them to hire his companion, who had just gotten an MBA from the Amos Tuck School of Business," Morgenson said during a recent appearance on National Public Radio." link to article

August 12, 2011 at 10:20 p.m.
dude_abides said...

flowers4algernon... you conservative fiend! Now you've kicked me out of my abode! dude_resides in a tent.

August 12, 2011 at 10:30 p.m.
fairmon said...

lightnup....

Good post. Barney Franks is in it up to his ears with Fannie and Freddie who were also big contributors to his campaign fund. He may be one reason no criminal charges have occurred post melt down.

August 12, 2011 at 10:43 p.m.
inthemiddle said...

Mtn

As you said earlier everyone is entitled to ask a question correct?
http://youtu.be/7rr2cVIw6Bc

August 12, 2011 at 10:43 p.m.
fairmon said...

lightnup...

I think Fannie May was established as a GSE in 1938 as part of the new deal. It went public in 1968. I was watching the hearings when secretary Snow and G.W. Bush appeared before Barney Franks and his committee to urge closer and more strict regulation of Fredi and Fannie. Barney Franks exploded and insisted they were financially sound. He was supported by others including black caucus members accusing them of prejudice with their statements about Fannie and Freddie risk.

Google Fannie Mae-Wikipedia for the real story and the NY times article warning of the disaster in an economic turn down. It became a popular metric of each president to measure an increase in home ownership. Clinton may have emphasized it most.

August 12, 2011 at 11:21 p.m.
rick1 said...

Frank was a junior member on the House Financial Services Committee in 1991. This is documented in articles where Frank was interviewed when he recently admitted to getting his boyfriend at the time Herb Moses a job at Fannie Mae. I did not see, where it said Moses worked in the marketing department so that must not be true.

So it is not listed on a gov website that Frank was a junior member of the House Financial Services Committee in 1991. We know how accurate the government is don’t we.

Here is Barney Frank on Fannie Mae. http://www.youtube.com/watch?v=2UZ9l_AxKjA&feature=related

August 12, 2011 at 11:32 p.m.
alprova said...

Every site, and I visited many, states that the only committee post the Barney Frank has held since 1981 was as the Ranking Democrat on the House Financial Services Committee started in 2007 until January of this year. That includes his own website as well.

Now its possible or even probable that he was on the committee, but why would every reference disappear to that fact, with the exception of the blogosphere and a reference in a video on Fox News?

Can anyone explain that?

August 13, 2011 at 12:40 a.m.
alprova said...

Rick1 wrote: "I did not see, where it said Moses worked in the marketing department so that must not be true."

His official title was that as assistant director for product initiatives. Use your brain for just a minute.

Better yet, read an advertisement for a job description:

http://www.msnbc.msn.com/id/39197411/ns/about/t/director-product-marketing-redmond-wa/

Another job description of what the director of Content and Product Initiative does. Take note of the "functions" of the job:

https://www.ivyexec.com/professionals/search/job/135258

The man was an assistant to the Director of product initiatives for Fannie Mae. His job title looks good on a resume and it sounds good when attempting to vilify Congressman Barney Frank, but the truth to the matter is that the man was an assistant to the person in charge of marketing.

That is hardly the description of a man who was in any position to be "at the forefront of relaxing lending restrictions at the company for rural customers," as his job description was surmised to have been by the conspiracy buffs across the land.

August 13, 2011 at 12:59 a.m.
mountainlaurel said...

Mickey Rat said: “And this is the GOP Front Runner???”

But candidate Romney, Inc. is a corporate guy and we all know how much some of these Republicans love their corporate guys, Mickey Rat. Speaking of which, have you read TFP’s “Romney’s Tax Doctrine” in the Opinion section? It’s a good read with some excellent points in regard to Mitt Romney's “corporations are people” pitch:

“A funny thing happened on the way to the Iowa debate Thursday among Republican presidential aspirants. Mitt Romney, the front-runner, standing on a straw bale platform to engage a group of Iowans in an impromptu afternoon debate, shouted out that, “Corporations are people, my friend.”

We’re glad to hear Romney say it. It confirms what so many for so long have said about Romney — that he’s out of touch with ordinary mainstream Americans. He views the world from a privileged corporate perch, like the one he long occupied as co-founder of Bain Capital, the equity firm where he made his millions buying, chopping up and reselling other companies. . . .

The problem with looking at corporations as “people,” however, is a much larger issue. Corporations plainly are not people. They don’t breath or bleed.

They are legal entities with no particular purpose or ideology other than their pursuit of business and profits. They are also above many of the rules that apply to individual Americans. For instance, they often can buy their way out of trouble via huge, confidential settlements payoffs of lawsuits . . .

. . . The privileges accorded corporations, however, are phenomenal. Sen. Bernie Sanders, I-Vt., released last April a list of 10 large American companies that made billions of dollars in profits, that paid little or no federal taxess, or that received money back from the Treasury in tax credits or bailouts, and that in some cases received billions in bailout money, and hundreds of millions to billions of dollars in tax deductions. . .

. . . With last year’s U.S. Supreme Court 5-4 ruling by the conservative majority in the Citizens United ruling, moreover, corporations have now been given higher First Amendment free-speech than ordinary citizens.

They may now spend all the money they wish to fund independent political activities, and do so anonymously and without limits, to influence political elections. Ordinary citizens are not allowed to do that.”

http://www.timesfreepress.com/news/2011/aug/13/romneys-tax-doctrine/?opiniontimes

August 13, 2011 at 1:02 a.m.
alprova said...

Harp3339 wrote: " It became a popular metric of each president to measure an increase in home ownership. Clinton may have emphasized it most."

And this is a bad thing, why?

There is one proven fact that all of you so full of criticism of Democrats cannot disprove. Those people only seeking to own a home of their own were not responsible for the high number of defaults in their mortgages.

Those who obtained mortgages on homes that were purchased to "flip" or to resell within a short period of time, were those responsible for walking away from the mortgages when the bubble burst, were placed up as investments. Most of those loans were sub-prime as well, purposely taken out due to the "teaser rates" offered for the first few years.

From Wikipedia:

During 2006, 22% of homes purchased (1.65 million units) were for investment purposes, with an additional 14% (1.07 million units) purchased as vacation homes. During 2005, these figures were 28% and 12%, respectively. In other words, a record level of nearly 40% of homes purchased were not intended as primary residences.

Warren Buffett testified to the Financial Crisis Inquiry Commission: "There was the greatest bubble I've ever seen in my life...The entire American public eventually was caught up in a belief that housing prices could not fall dramatically."

In addition to considering higher-risk borrowers, lenders have offered increasingly risky loan options and borrowing incentives. In 2005, the median down payment for first-time home buyers was 2%, with 43% of those buyers making no down payment whatsoever. By comparison, China has down payment requirements that exceed 20%, with higher amounts for non-primary residences.

The Financial Crisis Inquiry Commission reported in 2011 that Fannie & Freddie "contributed to the crisis, but were not a primary cause."

Federal Reserve Governor Randall Kroszner and Federal Deposit Insurance Corporation Chairman Sheila Bair have stated their belief that the CRA was not to blame for the crisis.

The Financial Crisis Inquiry Commission reported in January 2011 that "the CRA was not a significant factor in subprime lending or the crisis. Many subprime lenders were not subject to the CRA. Research indicates only 6% of high-cost loans—a proxy for subprime loans—had any connection to the law. Loans made by CRA-regulated lenders in the neighborhoods in which they were required to lend were half as likely to default as similar loans made in the same neighborhoods by independent mortgage originators not subject to the law."

"Remarkably, the George W. Bush administration blocked ongoing state investigations into predatory lending practices as the bubble continued to grow."

August 13, 2011 at 1:56 a.m.
AndrewLohr said...

And a leech is not much of a doctor.

August 13, 2011 at 6:24 a.m.
MickeyRat said...

AndrewLohr said...And a leech is not much of a doctor.

Conversely -

Obtuseness is not much of an electorate. However, empty-headedness makes a perfect GOP voter.

August 13, 2011 at 7:19 a.m.
chet123 said...

POST ON AUG.12 8:06

HARP3339....YOU SAID MY LIMITED READING AND COMPREHENSIVE SKILLS LOL LOL LOL THEN GO ON TO AGREE WITH ME ABOUT CHINA LOL LOL LOL...MAYBE YOU THE DUMB BUT..YOUR REPUBLICAN PARTY LEAD THE CHARGE ON NAFTA...Hmmmm NOT BAD FOR A MAN WHO HAVE NO SKILLS..AND WHAT PARTY GOING AROUND SAYING CORPORATION ARE PEOPLE LOL LOL ...REPUBLICAN PARTY?..BINGO!

THE SAD THING IS YOU DONT KNOW YOU'RE THE DUMB BUTT WITH YOUR PSEUDO INTELLIGENCE LOL LOL...WHERE DID YOU ATTEND COLLEGE EUREKA COLLEGE OR TENNESSEE TEMPLE LOL LOL LOL....IF YOU ARE FROM WITHIN 100 MILES RADIUS OF HAMILTON COUNTY THEN YOU ARE NOT IN THE CRADLE OF EDUCATION GOMER.....

HARP339 ...I'M WILLING TO BET THAT YOU ARE A GENERATION OR TWO FROM APPALACHIAN HILLBILLY....LET ME REMIND YOU THAT IN AMERICA WE HAD MANY MOM AND POP BUSINESS THAT WAS OVER TAKEN AND DRIVEN OUT OF BUSINESS BY BIG BUSINESS WHO SOLD PRODUCT MADE IN CHINA....THE REPUBLICAN CALL IT FREE ENTERPRISE...

HEY PIN HEAD...YOU SAID THE STIMULUS DID NOTHING!!! YOU ARE SO WRONG PIN-HEAD...YOU ARE SO WRONG.....IT KEPT THIS COUNTRY FROM GOING INTO A DEPRESSION....THEY SHOULD HAVE SPENT MORE INTO THE STIMULUS....THE STIMULUS PRODUCED 400,000 JOBS IT FIRST QUARTER AND AT IT PEAK 2.7MILLIONS....IT KEEP THIS COUNTRY FROM GOING OFF THE CLIFF....OBAMA IS CLEANING UP GEORGE W. BUSH MESS...JUST LIKE BILL CLINTON HAD TO CLEAN UP GEORGE H. BUSH MESS

AND YOU HAVE THE BRAZEN GULLS TO SIT BACK AND MONDAY QUARTER BACK...TODAYS PROBLEMS ORIGINATED WITH THE STUPID IDEA OF TRICKER DOWN ECONOMY BY YOUR HERO RONALD REAGAN

August 14, 2011 at 10:20 p.m.
chet123 said...

HARP339....YOU SAID CHINA ECONOMY INCREASE IS CONSISTENT WITH OUR SPENDING..DUH...MY ABOVE POSTING TOLD YOU ABOUT NAFTA...MAN! MAYBE YOU THE ONE WHO CANT READ....DO YOU KNOW WHAT NAFTA IS LOL LOL LOL...THOSE ARE POLICIES THE REPUBLICAN PROMOTED HARD...YOUR HERO RUCH LIMBAUGH(WHO YOU TAKE ORDER FROM)SOLD THAT LIE TO THE REPUBLICAN EVERY DAY ON HIS RADIO BROAD-CAST...

YOU SAY WHY DONT AMERICAN BUSINESS BUILD OR EXPAND HERE..LOL LOL LOL WHAT A STUPID QUESTION....MAYBE ..JUST MAYBE BECAUSE THE RICH AND GREEDY IS TRYING TO MAX THEIR PROFIT WITH CHEAP FOREIGN LABOR Hmmmm!...LISTEN HARP...IT ABOUT TIME YOU STOP BELEIVING IN SANTA CLAUS...I BELIEVE YOU ARE A GOOD MAN...BUT YOU BEEN HAD BUDDY,,,YOU HAVE BEEN BAMBOOZLE!!!! THIS WHAT HAPPEN TO FOX NEWS VEIWER...THEY HAVE PRETTY BLONDE BLUE EYES GIRL REALLY HOT...BUT THEY BE LYING THROUGH THEIR TEETH HARP!!!DO YOU THINK THE RICH AND GREEDY HAVE ANY LOYALTY TO THIS COUNTRY...LOL LOL LOL THEY ONLY SEE GREEN..AND PROFIT MARGIN...THEY DONT HAVE A SOUL AND IT AMAZE ME HOW GUYS LIKE YOURSELF WILL DEFEND THEM WITH YOUR LAST BREATH...WILL EVEN BECOME A TRAITOR TO YOUR COUNTRY...REALLY AMAZING!

August 14, 2011 at 10:51 p.m.
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