Blog Archive: August, 2012

More than 35,000 working people attended Saturday's Workers Stand For America rally in Philadelphia – the birthplace of the Constitution and the Bill of Rights – to demand an economy that works for all of us. more »

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After a series of blatantly dishonest Mitt Romney campaign ads have been saturating the airwaves -- one even editing audio to make it sound as if the President said something that he never said --our media elites have finally found an ad to click their tongues at. more »

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I'm probably going to take this just couple of steps too far. But it's too hard to resist, and I think its a valid point.

Back in 2007, right-wing water-carrier Dinesh D'Souza made a big splash when he published The Enemy At Home: The Cultural Left and Its Responsibility for 9/11. The title pretty much says it all. Even before the dust at Ground Zero settled, Jerry Falwell blamed the American left for 9/11, shaking his finger and saying "You helped this happen." D'Souza carried it one step further, though, saying that the answer to "Why do they hate us?" is our "excesses," our "gross depravity and immorality," and that the answer is basically to be more like them.

OK. Fine. So what happens if we apply that to "gross depravity and immorality" in our financial sector?

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It's interesting to see the U.S. more »

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Yesterday the Justice Department announced that once again it's not going to pursue evidence of Wall Street crimes which has been sent its way. It has already failed to act on information sent to it by sources whose investigators are apparently more dogged than its own, including several other government agencies and the Financial Crisis Inquiry Commission. more »

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• MORNING MESSAGE: Romney's Shifty Deficit Plan
• Conservatives Pressure Romney To Pick Ryan
• No Prosecutions For Goldman Sachs
• Obama's Clean Energy Program Is Working
• More Bad Social Security Reporting

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A new Romney ad says President Obama "used his health care plan to declare war on religion, forcing religious institutions to go against their faith." Apparently the Romney campaign can't find any criticisms of President Obama that are actually true.

The Ad

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Mitt Romney's bullet-point, detail-free, policy-free economic "plan" contains a section on cutting the deficit. What is Romney's approach, and what is the effect on our economy and our lives?

The Deficit "Crisis"

Any discussion of the deficit "crisis" should start with this: more »

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Originally posted at Capital Gains and Games.

You would think that Phil Gramm -- the former Republican Texas senator who was one of the authors of the Gramm-Rudman-Hollings budget process from the late 1980s -- would know how the law bearing his name works.

At the very least you would expect that he'd do some homework to make sure he was right if he bylined an op-ed in the Wall Street Journal that said his old law from 27 years ago gave Congress mystical and previously unknown powers that no one else knew existed to come up with an alternative to the sequester that was triggered when the anything-but-super committee failed.

But Gramm either doesn't remember how his law works or didn't take the time to check out the facts.

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Everyone agrees that there is only one question on voters' minds: who has a plausible plan to put this economy on the right track? Yet in the most expensive election in recorded history, candidates up and down the ticket aren't offering much of an answer.

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