Swedish Meatballs
1 day ago
Emanuel is "wrong, because of this: Not every Democrat right now would prefer the public option in the Senate ... but no Democrat in the end is going to vote against a procedural question to kill the health care bill," [Senator Brown] said.Senator Brown knows Senate procedure and how to count votes. Now, if only Rahm read AMERICAblog.com, just yesterday he would have seen Senator Brown say quite clearly that the Senate would pass the public option in response to our questions:
"The 60 Democrats will stay together on procedural questions and then, on final passage, some may vote against it because it's got a public option. But I don't see that," he said. Brown added that at least 50 Democrats in the Senate support the public option.
I believe that when I see surveys like 70% of Americans doctors, a recent Robert Wood Johnson survey, support the public option, I think the President supports it, he continues to advocate for it. I think an overwhelming majority of Democrats in the House and Senate support it. I expect that come October or November, December at the latest, when we send a bill, a healthcare bill to President Obama’s, to put it on his desk, I sincerely believe it will include a strong public option.I'm sticking with Senator Brown on this. Who knows where Rahm Emanuel is getting his info?
Liberal Senate Democrats on Friday will push to add a government-run insurance program to the health care bill in the Finance Committee, setting off a potentially explosive debate with Republicans who view the idea as a step toward “socialized medicine.”Read More......
The U.S. credit card charge-off rate rose to a record high in August, as more Americans lost their jobs, Moody's Investors Service said on Wednesday, in another sign consumers remain under stress.Read More......
The Moody's credit card charge-off index -- which measures credit card loans that banks do not expect to be repaid -- rose to 11.49 percent in August from 10.52 percent in July.
Emanuel professed pessimism that healthcare reform would include a strict public (or "government-run") option, though he signaled an expectation that House liberals may still push for the prized reform.See, now to someone outside of politics, perhaps what Rahm said today made sense. Oh well, you might be thinking, Rahm is right, we just don't have the votes in the Senate - so let's just quit. But to someone actually in politics, what Rahm just said is awfully odd. He's openly saying that the administration's strategy for winning on any issue is to float their idea publicly, and if they don't have enough support at the git-go, before they've even tried to convince anyone, they'll just cave and walk away.
"I think Senate's been clear about the prospect there is," Emanuel told PBS's Charlie Rose when asked if healthcare can pass with the public option.
New satellite information shows that ice sheets in Greenland and western Antarctica continue to shrink faster than scientists thought and in some places are already in runaway melt mode.Read More......
British scientists for the first time calculated changes in the height of the vulnerable but massive ice sheets and found them especially worse at their edges. That's where warmer water eats away from below. In some parts of Antarctica, ice sheets have been losing 30 feet a year in thickness since 2003, according to a paper published online Thursday in the journal Nature.
ACORN, taking a break from its apology tour, said today that it's filing suit against James O'Keefe, Hannah Giles and Andrew Breitbart's Breitbart.com.Read More......
The complaint: "The video and audio footage was taken without the knowledge of Williams and/or Thompson and in violation of Maryland's Courts and Judicial Proceedings Code §§ 10-402(a) and 10-410, which requires two party consent to all electronic surveillance. Violation of the law is a felony, and entitles parties whose rights were violated to sue."
[T]he Dow is up despite the biggest consumer retreat from the market since the Great Depression because of the very thing so many executives are complaining about, which is government’s expansion. And regardless of what you call it – Keynesianism, socialism, or just pragmatism – it’s doing wonders for business, especially big business and Wall Street. Consumer spending is falling back to 60 to 65 percent of the economy, as government spending expands to fill the gap.Read More......
Sen. Olympia Snowe (R-Maine), who is being courted by the Obama administration as their best hope for getting a Republican to sign on to President Barack Obama’s healthcare initiative, supports a trigger. But Pelosi does not.The "trigger" is a concoction of Snowe and Rahm Emanuel. It's a gimmick and not everyone is falling for it.
“I don't even want to talk about a trigger,” Pelosi said at her weekly press conference. She said the “attitude” of her fellow Democrats is that “a trigger is an excuse for not doing anything.”
Governor Deval Patrick today named Paul G. Kirk Jr. to serve as interim US senator, making the announcement in the presence of the immediate family of the late Edward M. Kennedy.The President already issued a statement, (received via email):
"He is a distinguished lawyer, volunteer, and citizen, and he shares the sense of service that so distinguished Senator Ted Kennedy," Patrick said at a press conference at the State House. "Paul will not seek the open seat in the special election coming up in January. But for the next few months, he will carry on the work and the focus of Senator Kennedy, mindful of his mission, and his values, and his love of Massachusetts."
Kirk said he plans to take the oath of office on Friday.
"I am pleased that Massachusetts will have its full representation in the United States Senate in the coming months, as important issues such as health care, financial reform and energy will be debated. Paul Kirk is a distinguished leader, whose long collaboration with Senator Kennedy makes him an excellent, interim choice to carry on his work until the voters make their choice in January."I'm pleased that the Democrats have 60 Senators in their caucus in order to pass (not just debate) strong legislation on health insurance reform, financial reform and energy.
I believe one of the qualities of a chief of staff in the White House is to do some arm-twisting. Looks like he's not bothering to twist the arms of these Senators on the Senate Finance Committee when it comes to the three public option amendments being offered. It means that he's fine with the Democrats on the Senate Finance Committee not supporting the public option, and voting it down in favor of a possible trigger amendment being floated by Senator Snowe.Seems like Rahm only plays hard ball with the liberal groups in DC. Besides that, his bark apparently has no bite.)
Would 53% of the popular vote be enough for the Republicans to win a House majority? A quick look, based on my analysis with John Kastellec and Jamie Chandler of seats and votes in Congress, suggests yes.Forgetting for a moment that the President's and Congress' public display of weakness and fear has gotten us to this point, the President and Congress are now going to tell us that they need to cave even further on their promises to us, and move more to the middle, in order to preserve their hold on power. Which of course, will make both Obama and the Dems in congress even more wishy-washy and timid, and hurt their standing with the public even further.
It's still early--and there's a lot of scatter in those scatterplots--but if the generic polls remain this close, the Republican Party looks to be in good shape in the 2010.
P.S. Is there any hope for the Democrats? Sure. Beyond the general uncertainty in prediction, there is the general unpopularity of Republicans; also, it will be year 2 of the presidential term, not year 6 which is historically the really bad year for the incumbent party. Still and all, the numbers now definitely do not look good for the Democrats.
A war of words broke out between London and Berlin yesterday as the German Finance minister, Peer Steinbrück, made an outspoken attack on the City. As world leaders meet at the G20 summit in Pittsburgh, Mr Steinbrück laid bare the disagreements between France and Germany on one side and the UK and US on the other about tighter regulation.Read More......
He said he hoped that the summit would agree "specific measures" to limit bankers' bonuses, but added: "There is clearly a lobby in London that wants to defend its competitive advantage tooth and nail.
"In the United States, too, the financial industry is evidently putting a lot of pressure on Congress with the message, 'Don't take things too seriously with regulation'."
Gordon Brown has made five abortive attempts to secure a formal one-to-one meeting with Barack Obama during his four-day visit to the US this week, it emerged yesterday.Read More......
Although British officials denied that the Prime Minister had been snubbed, all he has managed so far is a 15-minute conversation with the President in the kitchens of the UN headquarters in New York as they left the building together. Officials said their on-the-hoof discussion covered Afghanistan and the global economy.
The result came after the world's largest Aids vaccine trial of more than 16,000 volunteers in Thailand.Read More......
Recent failures led many scientists to think such a vaccine might never be possible.
Even though the benefit is modest, "it's the first evidence that we could have a safe and effective preventive vaccine", military spokesman Jerome Kim said in a telephone interview. He helped lead the study for the US Army, which sponsored it with the National Institute of Allergy and Infectious Diseases.
As lawmakers prepare to implement sweeping credit card reforms, Bank of America Corp. and JPMorgan Chase & Co. are moving to overhaul overdraft fees and practices that have been criticized industrywide as excessive and harmful to consumers.It's about time. Read More......
Bank of America Corp. said Tuesday it will cap the fees it charges customers for overdrawing their accounts, backpedaling on the hikes the company imposed just this year. Starting Oct. 19, Bank of America no longer will charge overdraft fees when a customer's account is overdrawn by less than $10 in one day.
A $35 fee will still be levied if the account isn't brought into balance within five days.
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