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February 12, 2014

Stuff you may have missed: February 12, 2014

In a massive, $45.2 billion deal, Comcast has plans to acquire Time Warner Cable, a move that combines the two largest cable companies into one. This is despite a previous $61 billion offer for the company by smaller competitor Charter.

“It wasn’t exactly a profile in courage. You had members saying they hoped it passed but unwilling to vote for it.” — Rep. Devin Nunes (R-CA) on the House vote to pass a clean debt-ceiling bill.

The Obama administration is working on a new cybersecurity policy, and nobody likes it.

Speaking of cybersecurity, Bitcoin exchanges are getting spammed right now.

Klout got acquired for $100 million despite the fact that everyone hates it.

23:20 // 8 months ago
October 16, 2013
13:10 // 1 year ago
October 14, 2013
We stand a good chance of defaulting.
U.S. President Obama says on the government shutdown and debt ceiling negotiations between Democrat and Republican parties. 
18:50 // 1 year ago
The Democrats, they better understand something. What goes around comes around. And if they try to humiliate Republicans, things change in American politics, and I know what it’s like to be in the majority and in the minority, and it won’t be forgotten…we’ve got to turn this around. And the Democrats had better help us.
John McCain, being rather petulent on “Face The Nation” yesterday. He admitted earlier in the interview that the quest to defund Obamacare was “a fool’s errand” to begin with, yet stood firm that Democrats have a responsibility to help the GOP save face. Because vowing revenge against the guys you tried unsuccesfully to screw over after your plan blows up in your face—that’s true leadership. source
18:07 // 1 year ago
18:06 // 1 year ago
October 13, 2013
The last 24 hours have not been good.
Senator Bob Corker (R-Tenn) says on the ongoing debate over the debt ceiling and government shutdown in Washington D.C. There has been a back and forth on deals to reopen the government and possibly raise the debt ceiling in the U.S.
12:58 // 1 year ago
October 4, 2013
Obama’s view, which I share, is that the debt ceiling fight is far more important not only than the specific policies on the table, or even the catastrophic economic consequences of a debt breach. It’s a fight to preserve the Constitutional order. And conservatives have resolutely refused to grapple with that fact…If the conservative goal is to create the illusion of winning something for the debt ceiling, then they’ll come back next time to win more, and Democrats can’t allow that.
Jon Chait’s take on why the Democrats are, in the words of the GOP, “refusing to negotiate.” Republicans would reply that Democrats have used the debt limit as a bargaining chip in the past, and it’s thus unfair to excoriate the GOP for “suddenly” attempting to upend the constitutional order. This is a disingenuous argument, though, as Dave Weigel has pointed out; the House GOP’s conduct now truly is unprecedented. source
14:34 // 1 year ago
September 27, 2013

Obama’s mindset, in three quotes

  • Gov’t shutdown House Republicans are so concerned with appeasing the Tea Party that they’ve threatened a government shut down or worse unless I gut, or repeal, The Affordable Care Act. I said this before. Let me repeat it. That’s not gonna happen.”
  • Debt ceiling “Voting for the treasury to pay America’s bills is not a concession to me. That’s not doing me a favor. That’s simply carrying out the solemn responsibilities that come with holding office up there. I don’t know how I can be more clear about this.”
  • Hostage taking I’m not going to start setting a precedent, not just for me, but for future presidents, where one chamber in Congress can basically say each time there needs to be a vote to make sure Treasury pays its bills, we’re not going to sign it unless our particular hobby horse gets advanced.”

President Obama threw down the gauntlet on House Republicans this afternoon, saying in his clearest language yet that there will be no negotiatiations whatsoever over funding the government or raising the debt ceiling. Period. This puts a lot of pressure on the House (or John Boehner, really) to pass “clean” bills to fund the government and avert a shutdown, rather than tie those bills to a wish-list of conservative policies. House Republicans may end up passing a funding bill that defunds Obamacare anyway, but it seems pretty clear that Obama will veto that bill if it lands on his desk. This is the speech a lot of liberal Democrats were hoping for the first time the House GOP tried this, in the summer of 2011. source

16:29 // 1 year ago
September 18, 2013
We have not seen this in the past. That a budget is contingent on us eliminating a program that was voted on, passed by both chambers of Congress, ruled constitutional by the Supreme Court, is two weeks from being implemented, and helps 30 million get health-care coverage.
President Obama • Pushing back against a variety of House Republicans’ demands, after Speaker Boehner announced intentions to attach yet another attempt at defunding the Affordable Care Act to a bill seeking to avert a possible government shutdown on September 30. The President also said that he won’t “create a habit, a pattern, whereby the full faith and credit of the United States ends up being a bargaining chip to set policy.” source
17:02 // 1 year ago
August 27, 2013
15:14 // 1 year ago