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August 25, 2011

New poll brings bad news for Republicans

  • -6 Obama’s net favorability, as of this month
  • -7 The Democratic Party’s favorability
  • -25 The Republican Party’s favorability source

» Why no love for the GOP? Over the last six months, everybody—Obama, Democrats, and Republicans—has seen a net drop in their approval ratings, but Republicans are clearly the most hated of the bunch. This is probably due to a combination of factors: Paul Ryan’s budget proposal, Scott Walker’s anti-union antics in Wisconsin, and the GOP’s handling of the debt ceiling debate were all high-profile issues that attracted (mostly) negative attention to the GOP. Whatever the cause, there’s one thing we can glean from these results: Democrats seem to be out-messaging Republicans in 2011. Whether or not this can carry Obama to reelection amidst a horrible economy remains to be seen.

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23:58 // 2 years ago
August 15, 2011
I know well many of the mega-rich and, by and large, they are very decent people. They love America and appreciate the opportunity this country has given them. Many have joined the Giving Pledge, promising to give most of their wealth to philanthropy. Most wouldn’t mind being told to pay more in taxes as well, particularly when so many of their fellow citizens are truly suffering.
Warren Buffett • Arguing in an editorial for the New York Times (titled, fittingly, “Stop coddling the super-rich”) that Congress needs to raise his taxes and those of people with incomes topping $1 million. “My friends and I have been coddled long enough by a billionaire-friendly Congress,” he writes. “It’s time for our government to get serious about shared sacrifice.” Wait … a super-rich guy offering more money up in taxes? Be still our hearts. And don’t tell the Koch brothers … they might disagree with this stance. source (viafollow)
0:26 // 3 years ago
August 11, 2011
"I think this nation should never default!" Jon Huntsman’s attempt at roaring applause regarding the debt ceiling (including a warm fuzzy hug for John Boehner) only gets modest applause.

"I think this nation should never default!" Jon Huntsman’s attempt at roaring applause regarding the debt ceiling (including a warm fuzzy hug for John Boehner) only gets modest applause.

22:58 // 3 years ago
9:50 // 3 years ago
August 7, 2011
So much for leaving; Timmy Boy Geithner sticking around for a while: While there was word on the street that he was going to depart after the brutal debt ceiling crisis, Obama wanted him to stick around instead. This sounds like an aneurysm waiting to happen. source Follow ShortFormBlog

So much for leaving; Timmy Boy Geithner sticking around for a while: While there was word on the street that he was going to depart after the brutal debt ceiling crisis, Obama wanted him to stick around instead. This sounds like an aneurysm waiting to happen. source

Follow ShortFormBlog

21:37 // 3 years ago
I’m asking you to look at a potential increase in the debt limit as a leverage moment when the White House and President Obama will have to deal with us. Either we stick together and demonstrate that we’re a team that will fight for and stand by our principles, or we will lose that leverage.
House Majority Leader Eric Cantor • Speaking at a GOP retreat in January. In other words, what happened last week was the plan all along. The Washington Post has a great piece on the origins of the debt showdown. And that’s just the tip of the iceberg.
12:50 // 3 years ago
August 5, 2011

S&P downgrades US debt to AA+, the first debt downgrade in US history

kateoplis:

So, who are the last countries remaining in the Triple-A Club?

  • 1. Australia
  • 2. Canada
  • 3. Denmark
  • 4. Germany
  • 5. Holland
  • 6. Norway
  • 7. Singapore
  • 8. Sweden
  • 9. Switzerland

At risk of losing AAA Rating:

  • 1. Austria
  • 2. Finland
  • 3. France
  • 4. United Kingdom

“Keep in mind that Japan lost its AAA rating in the late 1990s. It was further downgraded earlier this year. It was as recently as 2009 that S&P cut Ireland’s AAA rating. Italy and Spain were both AAA rated in the 1990s, but Spain was actually raised back to AAA before losing it again in 2009.”

Read on.

20:55 // 3 years ago
August 3, 2011
thedailyfeed:

What would you do with $2.4 trillion?

A PBR fountain would be more cost-effective. (Also, a 12-pack of PBR is totally $5.99 in our neck of the woods.)

thedailyfeed:

What would you do with $2.4 trillion?

A PBR fountain would be more cost-effective. (Also, a 12-pack of PBR is totally $5.99 in our neck of the woods.)

(Source: thedailyfeed, via brooklynmutt)

12:59 // 3 years ago
August 2, 2011
The bill passed, kids. EDIT: Final tally was 74-26, winners.

The bill passed, kids. EDIT: Final tally was 74-26, winners.

12:34 // 3 years ago
12:26 // 3 years ago