In my previous post, I wrote that I'm likely to hear an old favorite conservative talking point repeated over and over again while I'm at CPAC: Married cures poverty, economic inequality, and just about any other economic complaint you can name — especially for black folks. The 9th circuit court's ruling that California's Proposition 8 — which prohibited same-sex marriage in the state — is unconstitutional guarantees I'll hear a lot about same-sex marriage while I'm at CPAC.

What I won't hear at CPAC, besides any specific plans for job creation, is how declining marriage rates are not to blame for economic decline, but economic decline is really to blame for declining marriage rates. I won't hear that the best way to increase marriage rates is improve Americans' economic prospects by growing the economy and putting people back to work. I probably also won't hear that marriage would actually improve the economic standings of one group of Americans: gay couples.

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"You gotta have a J-O-B, if you wanna be with me."

- Gwen Guthrie, "Ain't Nothin' Goin' On But The Rent"

I'm off to cover CPAC tomorrow, where — in light of a federal court ruling California's Proposition 8 unconstitutional — I'm likely to hear a favorite conservative talking point repeated: Marriage cures poverty, unemployment, and another economic problem. Ask any conservative, and they'll tell you as much — even though that particular talking point has no basis in reality.

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PBS NewsHour took a look at why Germany's economy is doing so well, while much of the rest of Europe is not doing so well.

Here are a few notable excerpts from the transcript:

With just a quarter of America's population and a quarter of its GDP, Germany exports more than the United States in total, notes Norbert Walter, the former chief economist of Deutsche Bank.

[CEO] NICOLA LEIBINGER-KAMMULLER: It's just a terrible thought having to lay off people, because we like our employees and we need them. And they are well-trained, and they're loyal. And they have been working for us for decades, some of them, or many of them have. And it's just a terrible thought to have to send them away.

MARGARET WARNER: Instead, Trumpf turned to a new German program called Kurzarbeit, or short work, cutting its employees' work hours and pay. The government made up part of the difference. And they got extra training on their off-days.

... MARGARET WARNER: Nicola's brother, Peter Leibinger, vice chairman of Trumpf, said the short work program, readily accepted by the German workers, positioned industry to restart quickly after the downturn, and it paid off big-time for Trumpf.

PBS NewsHour: Amid Eurozone Crisis, How Germany Became Europe's Richest Country

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Dear Self-Described "Producer": I received your hate mail this morning. Thank you for emerging from your self-creating illusion long enough to write it.. I particularly enjoyed your oblique references to the John Galt character in Ayn Rand's Atlas Shrugged, who isn't acknowledged enough nowadays for his special role: Galt may be the most long-winded and incoherent crybaby in literary history.

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Funny how things change. When Herman Cain and Rick Perry imploded in one week last November, Jon Stewart called Mitt Romney "the luckiest motherfudger on Earth." That was before last night's "shellacking," when Rick Santorum trounced Romney in Minnessota, Missouri, and Colorado — three states that Romney won in 2008. Whupped by the same guy who snatched away his Iowa caucus victory, it safe to say Romney is no longer "the luckiest motherfudger on Earth." That title may pass to another 2012 presidential candidate.

To his credit, Romney isn't taking this latest humiliation lying down. He's hitting Santorum with the "Washington Insider" label — and it's likely to stick.

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It was just one month ago when conservatives were complaining that ABC's George Stephanopoulos was displaying his "bias" while moderating a Republican presidential debate by being "obsessed" with contraception and asking Mitt Romney a "gotcha question" about whether the Constitution has a right to privacy that extends to obtaining contraception.

Last month, Romney handled the question by saying "Contraception—it's working just fine. Just leave it alone."

But now, after conservatives began obsessing over the Obama administration's decision requiring insurance companies to include contraception in the preventative services covered for free under the Affordable Care Act, Romney has become a little obsessed himself, falsely claiming, "President Obama orders religious organizations to violate their conscience."

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• MORNING MESSAGE: CSI Missouri -- Foreclosure Fraud Indictments
• Settlement Status Murky
• Santorum Punctures Romney Inevitability
• GOP Refusing Simple Deal On Payroll Tax Cut
• Fed To Keep Rates Low
• Outsourcing Firm Scandal In Mexico
• Breakfast Sides

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As Election Day nears, President Obama is regaining his populist mojo. His State of the Union speech was mostly pitch perfect, evoking core American themes of opportunity and optimism, and calling for “an economy where everyone gets a fair shot, and everyone does their fair share, and everyone plays by the same set of rules.”

But the President has repeatedly hit a wrong note in talking about the foreclosure crisis. Not only is his story inaccurate, but he is promoting a harmful narrative that will make it harder to fix the problem.

The President said in his State of the Union address that “we’ve all paid the price for lenders who sold mortgages to people who couldn’t afford them and buyers who knew they couldn’t afford them.” He repeated that theme a week later at a speech in Falls Church, VA, contending that people who did the “right and the responsible thing” were hurt by “lenders who sold loans to people who they knew couldn’t afford the mortgages; and buyers who bought homes they knew they couldn’t afford; and banks that packaged those mortgages up and traded them to reap phantom profits, knowing that they were building a house of cards.”

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Co-written with David Reeves.

Several GOP presidential candidates have made competing claims to the Reagan mantle this election season. So in order to determine once and for all which candidates truly honor the Gipper’s legacy, we are submitting the following questionnaire to the remaining Republican presidential nominee contenders. (Except for you, Mitt-- you were disqualified in 1994.)

All other candidates, please return immediately to WhoIsTheReaganest@aol.com.

1. Reagan nearly tripled the federal budget deficit. Describe how this is Barack Obama’s fault.

2. If a train leaves St. Louis for New York at 12:07pm traveling 74 mph, and another leaves Hartford for Charlotte at 4:40pm traveling 87 mph, how much would you slash Food Stamps?

3. Now that Reaganomics has been discredited by economists, how would you rebrand the exact same doctrine to sell it to the American “people” (non-corporate persons)?

A) The Golden Trickle B) Los Reaganomicos - El Sabor de la Libertad C) Unchain the Job Creators D) ReaganMnemonics

4. Have you ever had a non-sexual dream about President Reagan?

5. Do you like jelly beans?

6. Complete the following quotation: “Mr. Gorbachev, tear down this _______!”

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A Missouri grand jury handed down multiple felony indictments for foreclosure fraud on Monday. That's the same kind of crime being negotiated in nationwide settlement talks with America's big banks. If people can be indicted for doing it, why should bankers be allowed to write a check and walk away?

"Robo-signing" is the nickname that's been given to the practice of hiring large groups of inexperienced workers (they called them "Burger King Kids" at JPMorgan Chase) to file false statements with local courts in order to process foreclosures. In a typical "robo-signing," someone who sign a statement testifying that they had personally reviewed documents that prove the bank has title to a home that's being foreclosed - and might do that many times every hour. That's either perjury or forgery, depending on the way in which the robo-signing was done.

Forgery and perjury are serious crimes. It's an even more serious crime to ask others to do it for you.

Banks, and some friendly and lazy journalists, were quick to dismiss the whole issue as a "paperwork problem." If robo-signing is a "paperwork problem," then the St. Valentine's Day Massacre was a "misplaced bullet problem."

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Just in case you missed the news, "Insider trading" is back. It's even bipartisan. Well, the truth is that it never really went away after its heyday during the 1980s, when Gordon Gekko served as a stand-in for era villains like Michael Milken and Ivan Boesky. It launched more investigations in the 1990s than at any other time, except for the 1980s.

In the "aughts," the names and players changed, but the "inside game" remains the same. Now, Raj Rajaratnam and Martha Stewart serve as stand-ins for Milken and Boesky. Gekko even returned to the scene, getting out of prison little more than year before Rajaratnam began serving his own prison sentence. GOP presidential candidate Mitt Romney could even be called a stand-in for Gordon Gekko, in the 2012 presidential election. (But Newt Gingrich could be a runner-up for that spot.)

Not only are insider trading and inside traders back, but they're not just on Wall Street anymore. They're all over Capitol Hill, and apparently have been for a while. Naturally, now that it's news, there's a bill to ban congressional insider trading —the Stop Trading On Congressional Knowledge Act, a/k/a the STOCK Act.

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Economist Christina Romer had an op-ed in the NY Times this weekend, Do Manufacturers Need Special Treatment? The question that keep coming back to me is why did she feel the need to write an op-ed to diss manufacturing? Is it just an economist thing? Or is she, like so many economists, from another planet?

In her op-ed Romer claims those of us who argue for a national manufacturing policy do so out of “the feeling that it’s better to produce “real things” than services.” But, she says,

American consumers value health care and haircuts as much as washing machines and hair dryers. And our earnings from exporting architectural plans for a building in Shanghai are as real as those from exporting cars to Canada.

Here is the difference: We can't just keep servicing each other. This "service economy" thing hasn't worked out so well here on Earth, and now we have a huge trade deficit. It is "better to produce real things" because that is what you sell to others to get the money to pay each other for haircuts (and scissors).

Once You've Got It It's Hard To Lose It, Once You Lose It It's Hard To Get It Back

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Originally posted at Capital Gains and Games.

Over at Economix, Bruce Bartlett does a very nice job explaining how House Republicans are trying to change the congressional budget process so that cutting taxes is never a problem no matter what damage that would do to the deficit and national debt.

Here's the money quote:

...the Republican effort is just a smokescreen to incorporate phony-baloney factors into revenue estimates to justify unlimited tax cutting. How soon before the C.B.O. is required to incorporate estimates from the right-wing Heritage Foundation in its calculations?

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The Susan G. Komen breast cancer fund reversed its Planned Parenthood action, and the right wing anti-choice politician it hired has resigned. But the real lesson of this incident is broader than one decision or one person.

Our society is permeated with a cultural of corporate greed, aggression, and power that reaches from the boardrooms of New York to the meeting rooms of Washington, and from to the hospital rooms of the sick and suffering.

The Susan G. Komen foundation has raised millions to support vitally important work, but it has also reinforced some of the worst tendencies in our society. It has leveraged big-company resources so that it could dominate its 'marketplace,' usually by serving as a marketing arm for a client list that includes some very poorly-behaved corporate citizens. Then it has used its market dominance to bully other organizations, push its own political agenda, and tried to reshape the course of US cancer research in dangerous ways.

Just like its most prominent sponsor, the Susan G. Komen foundation has become too big to fail.

The Players

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The FAA reauthorization bill has passed Congress with its anti-union provisions. Once again big companies of the 1% were able to use their money and power to buy legislation that hurts 99% of us. And many Dems joined in. Watch the powerful video at the end of this post.

TPM has the headline that just about covers it: Senate Dems Greenlight Key Anti-Union Bill,

With the help of Senate Democrats, Congress took its final step Monday toward enactment of long-term FAA reauthorization legislation, despite an aggressive last-minute effort by organized labor to kill the package.

... Democrats and Republicans have been tussling over this bill for a year now, with the key flashpoint being language aimed at preventing transportation workers from forming unions. In the end, Democratic leaders agreed with Republicans on a new measure that largely accomplishes the same anti-union goals — and labor officials are steamed.

Huffington Post: Senate Passes FAA Bill With Anti-Union Measure,

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