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Real Name: Duncan Black
Age: 38
Location: Philadelphia


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Thursday, August 26, 2010
 
Even More Thread

Talk amongst yourselves.

 
Afternoon Thread

enjoy.

 
For Immediate Release

WASHINGTON, D.C. – Today, Congressman Jerrold Nadler (D-NY) called on President Obama to fire former Senator Alan Simpson from his position as Co-Chairman of the National Commission on Fiscal Responsibility and Reform in light of Simpson’s recent remarks regarding Social Security. Nadler issued the following statement:

“We cannot trust the integrity of any product or recommendations of the Commission as long as former Senator Simpson is the Chairman. His insulting and outrageous comments reveal his own mistaken belief that Social Security is a) in crisis, b) about to collapse, and c) contributes to the deficit. None of this is true. In fact, the Social Security Trust Fund has a $2.5 trillion dollar surplus, and it will be able to pay 100 percent of benefits through 2037, according to the Social Security Board of Trustees. What’s more, Social Security has not contributed at all to the federal deficit. It is well known that Simpson has tried time and again over the years to raise the retirement age and cut Social Security benefits, and he makes no attempt to disguise his goals and attitude toward Social Security in his most recent comments.

“Furthermore, Simpson demonstrated a total disrespect for women and an unjustifiably contemptuous attitude toward Ashley Carson, Executive Director of the Older Women’s League. His comments were offensive, ignorant, and misleading, and he should be fired immediately.â€?


Though, admittedly, Simpson isn't the problem. The whole crew is.

 
Current Governor Haley Barbour Taking Paid Speaking Gigs

Speaking fees. Right.

Crazy even for Republicans.

 
Glenn Beck Has A Fever Dream

One would have thought that trying to appropriate the civil rights movement and the legacy of MLK, facts be damned, would be problematic. I guess not.

 
Hamp'd

Whatever you think the feds should have done (or not) to help homeowners, what happened is that they set up and endorsed a predatory lending program which has ended up completely screwing people. It's unconscionable.

 
Base Motivation

Doing it wrong.

 
Beck'd

The slightly interesting thing Beck is that he appears to be an insane megalomanic who is self-aware enough to be aware of that fact. It's what allows him to be a huckster clown on top of it.

 
Not Over

Treasury's predatory lending program did not solve the crisis.
The percentage of loans in the foreclosure process declined last quarter to 4.57 percent from 4.63 percent in the first quarter, partially because of lender efforts to ease payments for homeowners and the impact of temporary home purchase tax credits, the Mortgage Bankers Association said in its quarterly delinquency report.

Foreclosures could head higher in coming months, however, as the percentage of borrowers at least one payment behind resumed its rise after easing late last year, the MBA said.

 
Campaign And The Economy

Judging by all the emails I get from various campaigns and party organizations, the Dem plan for the campaign is to run against social security privatization and then come December vote to cut benefits and raise the retirement age.

As for what they should actually be doing, I'm rather skeptical that there's much that monetary policy can do though that doesn't mean I think it can do nothing. As a matter of politics one would think, as dday says, they should unite around an awesome jobs bill and run with it whether or not President Snowe blesses it.


Though, probably, they think if we give the economy another F.U. everything will be ok. They might be right. But 6 months is a long time...

 
Silly Krugman

Our capitalist overlords are simply going Galt to protest the coming nationalization of all of the means of production.

Or something.

 
Thursday Is New Jobless Day

473K new lucky duckies.

Still high.

 
310 Million Tits

No wonder there is so much suckage in the world. Thanks Mr. Simpson for clearing that up for us.

Good Morning.


Wednesday, August 25, 2010
 
Wednesday Night

My local sports franchise was not triumphant in its sporting competition.

 
Evening Thread


Enjoy

 
Next Steps

Nothing new here yet....

VINEYARD HAVEN, Mass., Aug 25 (Reuters) - U.S. President Barack Obama held a conference call with top economic advisers on Wednesday to discuss newly released grim data that has raised fears the economy is at risk of a new downturn.

...

"The economic team provided an update on the next steps to keep the economy growing, including assistance to small businesses and the extension of tax cuts to the middle class," it said.

 
Happy Hour Thread

Enjoy.

 
Along Those Lines

Plenty of Dems feel completely comfortable running against Obama and other Dems from the right, as is always the case, and I'm sure the DCCC will help many of them do it. But my question is whether any of them will run against the administration from the left, even on something as basic as 'the economy.'






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Drinking Liberally