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The GOP’s Biggest Cave Yet

salon.com — It wouldn’t exactly be unprecedented for John Boehner’s latest maneuver to blow up in his face, but all indications are that House Republicans will vote today for a plan that would essentially pretend the debt ceiling doesn’t exist for the next four months. The idea is both a recognition of the untenability of using the looming debt ceiling expiration as a bargaining chip to extract spending cut concessions from the White House and the fear of most House Republicans of going on record voting “yes” to a debt limit hike. Hence Boehner’s solution, which would “suspend” the debt ceiling through the middle of May. Given what until about two weeks ago had been the GOP’s Obama-era orthodoxy on the debt ceiling — it can never be raised until an equal level of budget cuts are agreed to! — this represents a huge retreat.

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The Truth about Student Debt

prospect.org — There are a few ready talking points when discussing the student-loan crisis: the collective $1 trillion burden of debt, how student debt is now larger than credit card debt in this country, the fact that the 90-day delinquency rate spiked to 11 percent last year, meaning over one in ten borrowers are behind on their payments—all facts that don’t give much hope to those with loans, or those trying to resolve the financial crisis. Another widely repeated belief is that student loans are completely nondischargeable in bankruptcy, a statement that a quick fact-check proves to be rated “pants on fire” and one that is causing tens of thousands of borrowers to suffer for no reason, for years.

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Dems ‘Have A Dance Partner’ on Immigration, But Is It Two-Step or Jazz?

colorlines.com — In his inaugural address on Monday, President Obama called on Congress to “welcome the striving, hopeful immigrants who still see America as a land of opportunity.” Though the speech has been widely described as a liberal one, members of both parties have affirmed recently that they share the same goal. “The first steps to get to reform have already taken place,” said Rep. Luis Gutierrez following the speech. Gutierrez is a member of the House Judiciary Committee, where bill will land, and among the leading advocates for immigration reform on Capitol Hill. “The most important thing now is that we get to go to the dance and we have a dance partner…. Now, we have a partner who actually wants to fix something.” But initial moves to join hands does not itself mean the the immigration reform process will move ahead without a hitch.

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12 Ways Obama Smacked Down the Tea Party and the Right in Inauguration Speech

alternet.org — With its elegant rendering of the liberal agenda before the eyes of the American people, President Barack Obama's second inaugural address was music to the ears of many a progressive. But to the ears of Tea Partiers and the Republican right, this inauguration speech, as well as the ceremony that surrounded it, was war -- not just a war of words, but a war of prayer, a war of poetry and even, perhaps, a war of song. Driving the message home were the hands of the Fates, who conspired to see the second inauguration of the nation’s first African American president fall on Martin Luther King Day, the national holiday whose very creation was opposed by so many who still today comprise the Republican Party’s right wing. Here we recount a dozen ways in which the president brought his fight to the right, in no uncertain terms, at his second inauguration.

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You and I Have the Power to Set this Country’s Course – Setting the Tone for Obama’s Second Term

jackandjillpolitics.com — Obama’s 2nd Inauguration speech looked back to those who dreamed of an America that lived up to its promise of equal treatment for all – suffragettes, abolitionists, civil rights leaders, gay activists and more. Yet this speech simultaneously pointed the way forward for those of us who must pick up the mantle of history, who must face down the challenges that meet us in our time as one nation under God – indivisible. The President closed saying: “You and I, as citizens, have the power to set this country’s course. You and I, as citizens, have the obligation to shape the debates of our time...” Obama appears in this historic speech on an historic day to ask if Americans will seize the power of this moment in destiny with him to create the future today that we will all live in tomorrow. Will Americans, including Members of Congress and the nation’s governors and mayor, heed the call? Will you?

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"Like Owning Rosa Parks' Bus": Stonewall Inn Celebrates Obama Speech

motherjones.com — It was your average Monday night at the Stonewall Inn. But there were a few people here on this chilly January night who came to honor the legacy of the bar President Obama named as a touch-stone of the American civil rights movement. Equality, the President said, "is the star that guides us still; just as it guided our forebears through Seneca Falls, and Selma, and Stonewall" — referring to the early hours of Saturday, June 28, 1969, when patrons decided enough was enough, and reacted en masse to a routine police raid to clear out deviants. Resistance attracted crowds in the streets of New York's Greenwich village, escalating into violent protests that lasted for six days. It was a moment that galvanized the gay rights movement. Those that spoke of the significance of President Obama's words were emotional, overjoyed at having this historic place ranked in that lineage of struggles, in such an important speech.

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Powder Keg in the Pacific

tomdispatch.com — Don’t look now, but conditions are deteriorating in the western Pacific. Things are turning ugly, with consequences that could prove deadly and spell catastrophe for the global economy. In Washington, it is widely assumed that a showdown with Iran over its nuclear ambitions will be the first major crisis to engulf the next secretary of defense. Lurking just behind the Iranian imbroglio, however, is a potential crisis of far greater magnitude, and potentially far more imminent than most of us imagine. China’s determination to assert control over disputed islands in the potentially energy-rich waters of the East and South China Seas, in the face of stiffening resistance from Japan and the Philippines along with greater regional assertiveness by the United States, spells trouble not just regionally, but potentially globally.

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Why We Can't 'Split the Difference': The Case for Citizenship

aflcio.org — Peter Skerry, in a recent journal article for National Affairs, encouraged policymakers to “split the difference” on immigration reform by legalizing the undocumented population without offering any chance of eventual citizenship. While something must be done to address the crisis facing more than 11 million people who call this country home, lawmakers need to make a road map to citizenship a priority. However, this does not mean we should “split the difference” with those who practice the divisive politics of exclusion. Legalization without a chance at citizenship would create an underclass of workers, who would not have access to all of the opportunities, responsibilities and rights that come with citizenship. This does not reflect our shared values as Americans and it also does not make economic sense.

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The Vision and the Budget

huffingtonpost.com — In his second inaugural address, President Obama offered a stirring vision of the future of America, and the role of the federal government in enabling America to achieve it. He rightly emphasized that "preserving our individual freedoms ultimately requires collective action." An active federal government is needed, he said, to ensure quality education for all, mobilize new technologies, care for the elderly, fight climate change, and address global poverty. The challenge he faces -- that America faces -- is that the vision must be coherent with the budget. This has been the Achilles' heel of Obama's government from the start. And if he's not careful, he could put his powerful vision out of reach by budget blunders in the coming few weeks.

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How the Safety Net Encourages Risk Taking and Spurs Prosperity

policyshop.net — The standard conservative rap on the social safety net is that it turns people into slackers by providing a comfy hammock and discouraging work and initiative. Yesterday, President Obama offered a diametrically opposite analysis: Programs like Social Security and Medicare, he argued, actually enable people to reach higher: "...these things do not sap our initiative; they strengthen us. They do not make us a nation of takers; they free us to take the risks that make this country great. That may be the strongest defense of the safety net in a nation like the U.S., where the values of self-reliance and individualism run so deep, providing fertile soil for libertarian attacks on government assistance.More interestingly, this logic chain offers insights into how to spur growth and innovation. In a nutshell, if we can strengthen the safety net and de-link it from employers, we'll encourage more risking taking, entrepreneurship, and job creation.

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Two Inaugurals, Two Messages: From Mushiness to a Clear, Progressive Vision

nextnewdeal.net — Four years ago, I stood in the cold listening to President Obama’s first inaugural address. I remember it leaving me cold. This year, in the warmth of my den, the president’s clear projection of progressive values as core American values warmed my heart. No progressive story of America would be complete without putting movement at its core, which the president does forcefully in his alliterative embracing of “Seneca Falls and Selma and Stonewall.” He doesn’t leave the call for action in the past. His concluding paragraphs clarify that “You and I, as citizens, have the power to set this country’s course.” The president will need lots of help setting that course over the next four years; surely he’ll be tested to keep to it himself. Our job is to do everything we can to assist him.

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Aaron Swartz, Financial Fraud, and the Justice Department

truth-out.org — Many people have been asking about the Justice Department's priorities in the wake of the suicide of computer whiz and political activist Aaron Swartz. As has been widely reported, the Justice Department was pressing charges that carried several decades of prison time against Swartz. He was caught hacking M.I.T.'s computer system in an apparent effort to make large amounts of academic research freely available to the public. The Justice Department's determination to commit substantial time and resources to prosecuting Swartz presents a striking contrast to its see no evil attitude when it comes to financial fraud by the Wall Street banks. People should recognize that this is not just a rhetorical point. It is clear that the Justice Department opted to not pursue the sort of investigations that could have landed many high level people at places like Goldman Sachs and Citigroup behind bars.

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Can Obama Be to Democrats What Reagan Is to Republicans?

prospect.org — As I watched Barack Obama's speech yesterday, I couldn't help thinking of Ronald Reagan and what he has meant to conservatives since the day 32 years ago when he delivered his first inaugural address and said, "In this present crisis, government is not the solution to our problem. Government is the problem." Some have lamented the fact that no single line from Obama's speech stands to be repeated as often as that one. But could this speech, and the four years to follow, make Barack Obama into the Democrats' Reagan? I don't necessarily mean that Obama will be treated with the kind of creepy fetishism Republicans treat Reagan. But the question is whether, like Reagan, Obama can define an era that continues even after he leaves office (in many ways, the Age of Reagan didn't end until January 2009), and give succor and guidance to his followers for years and even decades.

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A New Obama

thedailybeast.com — Back in November more than 60 million Americans thought they were voting to reelect the man who has served as our president for the past four years. Little did we know that a very different man would place his hand on the Bibles of President Lincoln and Dr. King. The new Obama is more combative. He signaled this even before his speech. His nomination of Chuck Hagel is a slap in the face of the neocons, and his post-Newtown advocacy of gun-safety laws is a direct assault on the entrenched power of the NRA. Perhaps he is becoming less obsessed with process than with results, less convinced his mere presence will transcend partisanship, and more committed to mastering and manipulating our messy, imperfect democratic system to advance his notion of a more perfect Union. “Our journey is not complete,” the president said. Nor is his.

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All the serious people want you to suffer