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In a statement today, the White House announced that the President would speak at 9pm tonight about “the stalemate in Washington over avoiding default and the best approach to cutting deficits.”
Latest tick-tock:
The Hill — Conservatives Denounce Boehner Plan
Ezra Klein — “Republicans have won. But can they stop there?”
NY Times — Senate and House Split as Obama Is to Address Budget
Huffington Post — Harry Reid’s Debt Proposal Will Leave Entitlement Benefits Untouched – “House Speaker John Boehner (R-Ohio) is charting a decidedly different path, one that would require two votes and the creation of a powerful deficit reduction committee to suggest future entitlement reform.” (Oops! Reid has a Catfood II Super Congress too.)
White House endorses Reid plan — “Senator Reid’s plan is a reasonable approach that should receive the support of both parties, and we hope the House Republicans will agree to this plan so that America can avoid defaulting on our obligations for the first time in our history. The ball is in their court.”
Lieberman blasts Reid budget — “I don’t think it’s a real cut,” Sen. Joe Lieberman (I-Conn.) told POLITICO. “It’s like a bookkeeping cut. It goes to an artificially high [Congressional Budget Office] number to just what we assume will be a reduction in overseas contingencies fund because we’re drawing our troops out of Iraq and Afghanistan.”



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What a fucking mess. And fuck you, Joe Lieberman.
I have the sound off, and will keep it that way. After Zero’s done folks here can deconstruct for me the bullshit he’s going to spread around.
Larry O’Donnell, in getting ready for the speech, is all wiggly about how Obama had perfectly, I say perfectly, set himself up to win, win, win.
I have the video off.
Plenty of examples of how the spent – but no mention of 14 trillion for banksters.
Nice red tie, who do you love ?
This is incoherent. The discussion of the debt is mindless.
I’m feeling so embarrased for our President. Right about now.
I Am Listening. This is so important.
And, Go Henry. Nice.
Later….
There it is – “neither party is blameless”. A pickpocket and a serial killer are both equal criminals.
Cut defense spending??? NEVAR!!!!111!!! /Republican
No tax hikes.
The middle class pays proportionately more than the rich.
About nine-minutes into his show, Larry called Steny, “Congressman Boehner.”
Too funny/tragic.
I just followed your lead.
Now he mentions cutting spending to Eisenhower era levels as intro to his beloved “balanced approach”: no mention of returning personal/corporate tax rates to Eisenhower era levels.
Nothing is asked of the rich, but they are the only ones who benefited from the bailouts.
I can’t stand to listen to it but we should take a drink every time he says debt, deficit, competition, or win the future. We’ll all be drunk by the time it’s over.
They both belong in jail for a long time, that is for sure.
I keep trying to listen but I just cannot.
yes, embarrassed
Oh, please, Gawd, no, please dont’ make me watch the President suck off of Boehner on camera.
Okay, I’m here. And I’m wearing my Groucho glasses out of respect for the office of POTUS.
this is the first time I’ve heard him in months – it is nauseating to hear the right wing lies passed off as conventional wisdom.
I knew ronnie raygun was a fascist lackey when I was a 4 buck an hour growed up on welfare 20 year old college drop out -
now I’m ‘listening’ to Ronnie Jr. …
ugh.
I’m voting “Medicare ForAll” for ALL state and federal offices come 2012 – to hell with Mr. Sell Out and his minions from the great state of Wishy-Warshy, Pacified Northwest.
rmm
rmm
Boy, he can’t tell us too many times how much he wants to cut Medicare benefits.
F me.
All R talking points.
Irrational, illogical, and will destroy this country.
F DC.
Raise taxes?? NEVAR!!!!!1111!!!!! /Teatard
patriotic Americans, my ass
He has managed to copy W’s smirk.
YOU MAKE FREAKING DICK CHENEY LOOK HONEST
For that mental image, give yourself 20 lashes with a strand of wet spaghetti.
Reagan love: Barry’s fantasy Absent Daddy.
REAGAN! [drink]
Ronnie Jr.
He just used Regan’s name, TWICE!!!
unFingbelievable.
Citing Reagan.
Shoot me now.
Passive voice: Has been tied …
LMAO.
I just got in.
So far, he’s said his name 4 times.
i hate when politicians explain the “problem” to us like we are 5 rather than offer solutions or answers
Counting…………..
Don’t forget “shared sacrifice.”
PLEASE GO BLOW YOUR LOVER REAGAN’S CORPSE YOU OBSCENE, LYING PIECE OF FUCK
F me.
Reagan, Reagan, Reagan.
Tried to watch. Just can’t stand it. Don’t believe a word he says.
I fucking voted FOR this guy?
wow.
that would be NOT to cut them.
Bullseye.
Second.
How come Obama never does his speeches to the American people from the Oval Office? Standing in front of a podium makes every word seems more like his Weekly Addresses, and they lack the necessary urgency….
F me, so did I.
Yes, I hate politicians too. :-)
My thought: Does he think he is telling the truth and educating the country? Just a replay of the last 2 weeks….
No WAY. I can’t watch it.
Already Reagan 4 times.
MotherF….
The last installation of the economic crisis was also caused almost completely by Washington…DC, that is.
what fucking higher interest rates?
(i seriously don’t get that one)
ok, i’ll stop yelling
for now
asshole is a waste of my fucking breath
How can anyone believe this shite.
OMG, he said rich people and tax cuts.
obama wants tax increases
gop wants spending cuts
they are both bat-shit-crazy
The thing about higher interest rates is that those with money benefit from receiving higher rates on their treasury obligations.
every time I refresh the damn video starts up again. nuts.
Sounds like someone’s got his hand up Obama’s back.
More like a ronnie’s Mini Me
“We can’t let the Amaerican people become collateral damage …”
Lying POS.
I didn’t hear that but he is channeling CNBC and S&P apparently.
It’s all about one tranch vs. two tranch
we are governed by idiots
Oops, I forgot “Reagan” in my list of words to drink by. Also “painful cuts” should probably be included.
Reagan sucked, and so does Obama.
Turn it off and watch TEEVEE
Same issue.
I’m just listening to the lying POS.
Simply: blah, blah, blah, Reagan, blah, blah, blah, Reagan, …
masaccio, why would interest rates go up?
One of the holders of treasuries is the Social Security Trust Fund, which will mean more income to $2.6 trillion worth of treasuries.
Please watch the language and metaphors everyone. I don’t want this place to degenerate into the pit that other places have.
I’ve already HAD too many “painful cuts”
Treassuries will not go up, or very little if at all. The market will go down and people will buy t bills to reduce risk. (unless of course there is default.)
So now after he’s given away everything he’s standing outside the Democratic Party and asking for MORE compromise.
WTF?
$#)(*&^)($*&$($*%&$)(*&%)%
Sorry Jane.
my bad.
“both parties will ultimately put politics aside” -
Sure: everyone in both parties is every bit as willing to betray the New Deal as you are, Barry – you *, *, * * to billionaires and banksters.
(edited a la lobster)
I’m turning off this right wing liar. it is 6:12 in Seattle – HOPEfully there are reruns of Gilligan’s Island or I Dream of Jeanie on …
it is too early for Surviving Lost Dancing American Idolatry …
now he’s blathering about “compromise” … WHAT FUCKING COMPROMISE?
give fascists 90% of what they want = compromise?
DLC-Third Way – Blue Dog liar.
rmm.
sharkbabe isn’t the one playing games with the future of our country.
He says they will. I think so too, just because so much of the debt is in the hands of wealthy people.
Yep, shared sacrifice. It’s going to save us all, I tells ya!
I DON’T WANT A BALANCED APPROACH!!!
Like, “rich people will get more tax cuts?”
Thanks.
“pierce and passionate debates”?
I guess I missed that debate.
Does he think we are that stupid. LOL
inappropriate
What if we don’t want a balanced approach or compromise? What if balancing one side against another is just going to make matters worse?
His thing with the Repubs is like the wife who gets constantly slapped around, but instead of getting out of the dysfunctional relationship, her need to be convinced of his love keeps her with him through one beating after another….
quotes Jefferson saying “you can’t win ‘em all”….
Has any President ever been so tin-eared about what people REALLY think?
Obama needs to get the hell out of his Washington bubble and talk to some real live human beings.
Oh, and while he’s doing that perhaps he could demonstrate that he has an honest-to-god principle somewhere in the core of his being. Something in which he truly believes. Something he won’t compromise or sell out in favour of accommodation.
Anything.
MR compromise…..
thanks for the reminder. will try.
yes.
Ronbo Barack Reagan balanced no budgets. But Ronnie did have secret armies to kill leftists. And Ronnie gave money and weapons to hostage takers and Iran. Reagan’s national security team, including Ledeen and Ghorbanifar, are Obama’s national security war makers, assassins and torturers.
That’s it?
Oh no! Unbalanced parentheses!!!
You are doomed.
sucked. and fuck you joe liberman
I turned it on just as he said bye bye.
At least he has the mental and emotion age of the republican tea party base correct then.
Gilligan’s Island.
back in the day …
I’m tuning out some of it.
“greatest nation in the world”
“come together as one nation”
“and may God bless the United States of America”.
useless Republican
“We can still come together as one nation.”
ummm – no.
we can’t.
I realize there is a coherent explanation rates on treasuries will go down, because the outstanding amount is fixed, so as people bid for them, and drive the price up and the yield down.
Oh good, another speech.
Followed by another knife in the back.
Please just shut the f*** up and go away, jackass.
yes.
many of “us” are.
many in the base will keep defending him as he takes everything from them and their children.
EXACTLY…. no compromise…no “balanced” approach. Raise the damn limit and move on.
This is true. We must not lose our gravitas.
Oh good, it’s over.
Not really sure what he wanted anyone to do about it. Anybody? Get any directions from this waste of time?
I just swapped out the embed code so if you refresh the code is now MSNBC and will carry Boehner’s response.
a cliche fest. Who in the hell was our current Smirker-in-Chief talking to?
And now………..Boehner. I don’t know if I can stand all this stupidity.
But Larry is now kissing O’s ass. “Balanced approach.” I’ve got to go wash my hands now.
president obama is not someone i consider the most reliable source of accurate information.
p.s. that was me trying to be polite :)
Listened on the radio.
He gives good
headspeech.Dear Shortride:
We are not withdrawing our troops from Iraq and Afghanistan. Obama has greatly increased the number in Afghanistan, and he is currently jawboning Maliki to sign off on continuing our occupation of what used to be Iraq.
You let us know when the drawdowns begin in Afghanistan, and when they start up again, in Iraq.
How can t bills possibly go up insofar as the US gov is concerned?
One word FAILED
How are the rich compromising, again?
They get to keep their tax cuts and outsource jobs and…?
The “balanced approach” is completely off the table.
Hail to the God-Blesser-in-Chief.
Oh no, now Boner!
Now I get to hear Boehner? It makes it seem ok to listen to the other guy.
Did he say anything towards the end that was new? That was pretty short.
CAN’T watch Boner anymore either.
Obama negotiating with the Tea Party is about as effective as the Jews negotiating with Hitler as they enter the Gas Chamber.
Hitler had decided the Jews were the enemy, and put the rest in motion.
The Tea Party don’t want a D (Black Man) in the White House and their backers will hedge all their money on making him fail.
Will Obama understand there is no balance to be had? Ever?
Yeah, ‘fraid so.
Wow. He’s awesome.
“I cleaned barroom floors,” he will say. And our government must clean barrom floors too.
Boehner…..vapid…..but at least he appears to have waited for after to hoist a few.
RAVEN! Good to see you!!
oops sorry. I mean the yield can’t go up much. Price does go up.
and just who run up the credit card Boehner??
Boner: “massive spending binge.”
uh-huh.
and you voted for every bit of it, ya turd.
What is Canada’s immigration policy?
Boehner says the debt is a problem, an unprecedented problem.
Ohhhhhhhhhhhhhhhhhh, I guess we should listen, NOT!
Obama on tv to discuss default and the debt. Is this chickendance show really meant to cover the information (correct or incorrect) that came out earlier this week re the Fed Res giving out 16 trillion dollars of our money in secret bailouts to banks, corps and foreign governments and foreign corps allegedly without congress knowing? I’ve been gone for a couple weeks–and maybe the site I saw this on is weird–however, has anyone covered or read the article ‘Audit of the Federal Reserve Reveals 16 Trillion in Secret Bailouts’? If this is true, why all the BS about an acknowledged 4 Trillion dollar ‘debt’? Why don’t the republicans/ most wealthy just admit they want America to default? There is something very, very, very strange about this debt ceiling situation. Does someone have compromising photos and info on all the repugs? They talk and look as if they have rogue chips in their heads.
what’s a tra… traj… tarjetcory?
I agree.
Yep.
Very restrictive. If you are arrested for political reasons it might help.
Miserable Blue Dogs voting with that clown show made it possible for the bonehead republicans to say it was bipartisan.
hmmm.
whatcha drinkin’, Elliott?
He didn’t happen to mention that Dick Cheney famously said, “Reagan proved deficits don’t matter.”
I think it’s too late for this pablum. The bully pulpit is too full of bullshit. The repubs have got the momentum. Time and again, Obama has handed it to them. They’re going to run with it.
This week’s to-do list:
1. Huge CostCo supply run;
2. Drop by the ATM for a large cashout;
3. Top off the gas tank.
MONEY With out it, they don’t want you. Trust me. That goes for New Zealand as well.
I believe it was Weezie Jefferson who said that.
be careful.
Canada is following the US route. In a much steeper trajectory. They already have a housing bubble. They know about it. Wait for it to go bust.
Pants on fire!
5 democrats in the House = “bi-partisan support”?
Any mention of peas?
Bad cop Boner makes appeaser-in-chief look good
Oh Boner where the fuck are the jobs??? You assholes created this problem with all of Bushco’s TAX cuts for the RICH 2% and frittering away the surplus you were handed when Bush STOLE the 2000 election and of course the 2004 election in Ohio!! The Pukes created all this mess..
http://www.cic.gc.ca/english/index.asp
I think the amount is 500,000 and they give you the path to citizenship?
I think so.
I’m so glad that the spirit of Ronald Reagan is now always uppermost in our president’s mind and actions.
Don’t like my anger? May I suggest Balloon Juice. I’m sure they’re cheering his fierce progressive advocacy over there as we speak.
Well, with climate change and all, Canada is looking better and better…
Boehner is talking about the Super Congress of the Twelve Caesars!
Ooooh, I love the smell of oligarchy in the evening.
Hey, they also de-oranged Boehner. Cool.
well hell, I already knew Boner can lie with an utterly straight face, so this isn’t news.
maybe he’ll at least have the decency to cry.
Yes, the Canadian Bubble will burst just after they have shipped the last of their minerals to China and their Oil to the US.
And all of Canada is just one big hole in the Ground. However, that will take considerable time.
Obama has done the impossible: made Boner look like a statesman.
So… couldn’t watch but judging from everyone’s comments it was basically the same ‘ol stuff he’s been trying to shove down our throats for the last few weeks. Anything new? Or, is it all just the same “shared sacrifice” crap?
I still haven’t heard anything about what exactly the rich are sacrificing in this? What abou tthe corporations? Anybody in DC sacrificing? Anybody?
Dual citizenship is the easiest route for any number of countries. If you have citizenship of an EU country you can go anywhere in the EU.
Boner is a flat out fucking liar!!
God Bless your rich fucking friends is what you really mean…
This is just more SHOCK DOCTRINE!
So…. isn’t there anyone else ready to talk? I didn’t like the first two.
Tweety: Obama sounds like Fox News Fair and balanced!
Also; Boner is a liar.
Whatever Boehner says, this evening is going to be a wash, and that leaves our happy “bipartisan” warrior holding a big, steaming bag of political poop.
And the republicans know it.
not enough!!
Yeah, that would be news if he ever told us what the rich are going to sacrifice.
OMG, I hate this. It makes me feel like emigrating:
Canada: http://www.cic.gc.ca/english/information/applications/adults.asp
France: http://www.frenchlaw.com/Immigration_Visas.htm
Got that. My sister (in the UK) asks me frequently when I’m leaving.
My kids are here. They too have dual citizenship.
Even Chris Mathews said the bill was not bi partisan. But why quibble.
The rich will be forced to wear the shirts off the backs of the working and middle class. That won’t sit well with them.
just shut off boner. he actually didn’t annoy me cuz
cuz … cuz …
I EXPECT HIM TO LIE! I EXPECT TO LIE SO HIS RICH PIG FRIENDS CAN STEAL! I DIDN’T VOTE FOR THE LIAR AND I WOULD NEVER VOTE FOR THE LIAR OR HIS BUDDIES!
I caught Pat Buchanan’s infamous ‘culture war’ speech in ’92 … I was rolling on the floor laughing! At least on their side, the nuts are nuts and the liars are liars -
WTF do I get? 0-$ell-0ut.
rmm.
Really.. Where is the Jameson’s single malt…
yeah, I guess that’s the correct answer. *g*
http://www.cic.gc.ca/english/immigrate/business/investors/index.asp
“Investors
Note: The Federal Immigrant Investor Program is now closed as 700 complete applications have been received at the Centralized Intake Office. This new annual cap was introduced through ministerial instructions, which came into force on July 1, 2011. The cap will reset on July 1, 2012, unless otherwise indicated in a future ministerial instruction. The cap does not apply to the Quebec Immigrant Investor Program.
The Immigrant Investor Program seeks experienced business people to invest C$800,000 into Canada’s economy and become permanent residents. Investors must:
show that they have business experience
have a minimum net worth of C$1,600,000 that was obtained legally and
make a C$800,000 investment.
Your investment is managed by Citizenship and Immigration Canada (CIC) and is guaranteed by the Canadian provinces that use it to create jobs and help their economies grow.
CIC will return your C$800,000 investment, without interest, about five years and two months after payment.”
Gee, Obama didn’t mention he needs a longterm deal so he can get himself re-elected and Boehner didn’t mention how determined they are to thwart Obama at every turn
Depends on your definition of bipartisan :-)
Melissa Harris-Perry pointing out that Obama gave tons of cover to Boehner and the right.
As if they’re not both on the same team. Their golf outing was probably just to work out the script details.
bp, left you a reply on previous thread
After watching Obama’s sad performance tonight I say again, FDL needs to lay the narrative of how the Second Great Depression began. FDL needs to keep making the point that cutting spending is cutting jobs and you don’t do that in a Depression. We need to be full throated in our support of Keynesian or MMT principles and call out the supply side nightmare that has caused our burgeoning Depression. Only by doing this now will we benefit from the coming disaster. I’ve given up on Obama and the Democrats. Only by letting them go and preparing for our likely future will we be ultimately victorious.
Relatives in France and Italy ask the same thing. They see the handwriting on the wall that most Americans are blind to. I guess many are holding out hope that they’ll hit the Mega Millions lottery number. Hope springs eternal thanks to Obama.
After the brief technical default in ’79 interest rates on U.S. borrowing went up about 60 basis points and staid higher for a considerable period of time.
I watched the president speak and I imagined that I could hear his conscience crying desperately for the terrible choices he has made to sell his soul to corporations/Wall Street/etc. He knows that his “grand bargain” is a profound loser. He knows that he is a puppet for the rich and some part of him does not want to continue with this farce.
He will be a very broken/destroyed human being if he does not wake up and actually put country above self and not just vomit up pretty/meaningless words. Thank you and Justice bless America!
“And all of Canada is just one big hole in the Ground”
ouch, don’t hold back, tell us how yo really feel …
Well I certainly feel better now after these great speeches, all warm, fuzzy and thinking everything will be okay. Oh wait, that’s the booze from the drinking game.
This is total misdirection: This is not about “balanced” vs unbalanced at this point.
well on the plus side MSNBC will be able to fill 3 days of blathering with tonites non event.
God and I thought I was sick of hearing about Weiner. I seriously dont care what they do at this point…just stop freaking talking about it….
To Boner the hypocrite
Notsomuch
http://www.perrspectives.com/blog/archives/002230.htm
that one makes sense to me too.
Aside from the cuts/COLA/Chained CPI for SS, Midicare, Medicaid, I believe too many folks (Mz. Hamsher excluded as she’s posted on it already) are ignoring the huge threat.
The 12 member Super Committee.
This is the end of our elected representation . . . as someone posted a day or so ago . . . 12 Cesears.
It’s how Germany slipped . . . the establishment of a committee.
This is horrid.
N now we’re off to the gym, out of merlot, and I got nutting nice to say about Obama or any of our erected offals.
Le Sigh.
Fucking depressing, all of this.
fwiw, Sharkbabe, you had me at obscene lying fuck. Because you are correct.
Oh, demi, you do have a way with words!
She did!? She usually covers for O.
Get the sense that the ship is rudderless?
Just remember, this all happening by CHOICE.
Obama has several options if he truly just wanted to maintain the status quo.
They are using this intentionally made, faux crisis to do what every other country in the world is doing as the whole world is turning right wing. Redistribute wealth UPWARDS.
And they are doing it by CHOICE.
THere is no debt crisis, the government prints it’s money. There is no real debt ceiling, the 14th amendment is clear. This is ALL manufactured crisis as in Shock Doctrine 101.
The question is, how many of you are going to reward Obama and the Democrats in Congress for this behavior????
And please don’t forget, it was just 7 months ago that they all voted in INCREASE THE DEFICIT by $4 Trillion to extend the Bush tax cuts (now the Obama tax cuts as he owns them now) for the rich. They CHOSE then to do that without getting an extension of the debt limit. Just another opportunity where they intentionally CHOSE this outcome.
How much evidence do you need fer chrissakes????
Wake the fuck up people.
Only the Tea Party opposes that.
Or marry a Canadian..family class gets in comparatively easy.
is there even a ship?
It may well be the last great hope for many. A flood of potential revolutionaries sitting and plotting in cafes around the world with the goal of liberating their homeland.
Someone on the left must track this thing; must warn the dems of the economic trouble they are causing and no matter what the outcome, any spending cuts will work to destroy the eoconomy and the democratic party. This political crisis will track us the rest of our lives.
I am not watching or listening. But just curious…it is my impression that the Orange One has toned down the orange, and just looks like a normal Caucasian (of course there are many variations of that). But he just doesn’t look as orange as he did. D’ya suppose our taunting got to him?
Debt/deficit stuff? Mommy!! Mommy!!!! Make it stop!!!!! Make it stop!!! Make it go away!!!!! Mommy, that orange man scares me!!!!
ya know? I’m sick of it all. I’m taking a day off from this, tomorrow. Just go ahead and fucking default, OK? So we can get back to talking about light bulbs, maybe?
Screw this bastard! I’ll vote for Palin before I vote for him again. He actually make a planet killing asteroid sound good.
It is truly frightening.
And the only thing that the parties seem to agree on — aside from the general need to line up public assets for a Wall Street fire sale. They’re all taking a huge cash position because they realize they need another business besides owning zombie banks, so they figure owning the United States would be a good new venture.
The ship is morphing into a raft.
Couldn’t have said it better myself.
Get ready for a bumpy ride. Oh wait, it already started. A while ago.
Melissa pointed out that her own mother depends on Social Security. She is now pointing out that people wish they were working; that the more Obama talks about how the government is broken, the more it benefits the Republicans. She was pretty straight out annoyed with O. I think that feeling is becoming much more widespread.
Wow. Boehner & Crew are going for the golden ring here. No compromise other than to demand more.
Unfortunately for us all, they may well get it.
What a f#cking waste of time. Lose-lose-lose for the president and both parties. Nothing new from either side since last week. President wants to work on something (compromise compromise compromise), Boehner says something has already been done and there’s nothing left to discuss.
They’re calling his bluff that he foolish put out there to make him look weak, like he is (intentionally or not). “I won’t sign blah blah blah.” “Oh yeah? We’ll make sure that’s your only option now.”
Hurray! My television miraculously survived the claptrap that was just broadcast on all networks. Of course, moving all easily throwable objects out of reach helped.
Quick…Anyone remember one line from either of those pitiful exhibitions? Me neither.
Your friend, Warren Mossler, has a post predicting a reduction in t rates if there is a default bc it is a safe haven. I know others predict the opposite.
It’s going to be one big fire sale and Wall Street will make out like bandits which is their nature to begin with.
We need a word cloud of this speech!!
Every “man” for himself?
Ah yes, greed and war, the new american exceptionalism.
Gee I wonder if these two already have their life boats ready?
And if the “little” people get any?
Both rhetorical questions.
Hey, he didn’t need to tell me again that he wants to cut Medicare benefits raising the eligibiity age I assume. I already heard him the first time. I will not vote to commit suicide.
I still think this is all theater. Boehner doesn’t believe we’ve been on some sort of recent “OMG OUT OF CONTROL SPENDING BINGE.” It’s an act.
Plouffe about to drop the hammer: Boehner’s plan won’t avoid credit downgrade — and interest rate rise.
Alberta is already the largest ecological disaster on the planet, and on track to consume or pollute more water than contained in the great lakes.
I hadn’t thought of it quite like that. I knew they were coming after the country but I figured it had something to do with natural resources and scaling down wages. They want to own the country itself. shit fire.
After the default and crash, if the republic still exists, owning the US could be profitable.
Stupid me. I thought Obama was going to threaten to use the powers of the presidency.
fortunately I missed this
http://twitter.com/#!/nicolesandler/status/95667939881140224
“Joe Walsh giving the teabagger response to both POTUS and Boner! No thank you. Goodnight.”
About the ‘Super Congress’–it would be less elected officials for puppet masters and controllers to have to bribe, threaten or ‘get to’ and, not all Americans will be represented. Taxation without representation seems like a problem. The Super Congress is them admitting D.C is broken. Not time to rewrite how the nation is run. Seems like all in the House and Senate need to be removed for incompetence as they can’t be effective given the given system of government.
Simply: blah, blah, blah, REAGAN, … blah, blah, blah, REAGAN, …
Just remember, when the MOTU/PTB want an end to this default (IF, in fact, they do want an end to the anxiety) all they have to do is call Grover and tell him to put the pawns in line. Even the Teapartiers are owned. No money, no reelection. I wish I were smart enough to figure out what the money-hoarders really, really want.
“Look” weak? ROTFLMAO Weak is as weak does.
That’s the money quote right there (so to speak).
7 months ago…no one could have predicted…
Hard to escape the conclusion that the nexus of the McConnell-Boehner et al motive (hang this shit around Obama’s neck for the 2012 campaign) and the disturbingly large nihilist Teabagger cohort who simply, unreflectively WANT an economic Oslo means we are toast.
I would love to be wrong.
Thank you, Jane. I was thinking the same thing.
largest?
I’m not sure about that. Definitely up there.
Canadians may be soft and fuzzy bunnies. But they’re morphing into the greed that destroyed this country.
so. what happens if all the players (or enough of them) tell jefferson (and Reagan, off course) to piss off with his compromise bullshit? what then, Obama? thanks for telling us.
Really? Worse than Russia, with its thousands of square miles of radioactive wasteland?
Absolutely.
They can run but they can’t hide. Eichmann thought he had avoided accountability but justice eventually caught up with him. May the same be true of the thieves and liars now in control. They will have made so many enemies for what they are doing to the people that their crimes will not be forgotten.
Where’s the progressive people’s budget response to Obama, Boner, and the Tea Party.
Oh yeah, they’re not allowed teebee time.
They have a point system. Start learning French and get at least a bachelor’s degree, even better a master’s. If you pass it, the process takes up to 2 years after submitting the application.
I think international students and residents (from highly developed countries) are going to start becoming more in demand for dating and marriage as more Americans are looking for ways to get the f#ck out of this train wreck.
aHAHAHAHA
you funny
Sorry, my #228 was meant as a reply to you. ;-(
I wish I were smart enough to figure out what the money-hoarders really, really want.
more.
doesn’t really matter what follows that word.
they just want more.
That’s the Ukraine. And yes.
The only thing I’m interested in hearing the President say is that if the GOP won’t agree to the more-than-generous Reid plan, that he’ll unilatery order the Treasury to keep cutting the checks, either using the constitutional option or by declaring emergency powers (both of which he’s entitled to do). The GOP will bitch and moan, but then maybe they’ll finally be in the mood to bargain, and maybe it’ll teach the President a valuable lesson about how to deal with the GOP.
Bring on the credit default. It’s going to happen sooner or later anyway. It’s not much of a threat if it’s inevitable.
Listen, my debt/deficit holiday starts now. Going to watch our national pastime. Might be back for LLN and some light-hearted banter.
Same old shit. No real talk about the biggest issue. Jobs.
I did like how O said , and I paraphrase, how can we call for slashing education, etc, if we don’t ask the rich to contribute more.
He didn’t say at that point he wasn’t going to slash education, just how can we do that if we don’t get more from the rich.
Piece o shit.
Had to pull the plug on boner. Brutal
“Balance” isn’t even on the table at this point.
You, know I honestly don’t know.
We live in a bizarro world. I can’t believe this is happening.
First the market crash/greatest heist ever, and now this debt “crisis”.
It’s insane.
Shorter Obama: Blah Blah Blah Bush’s fault. Wah Wah Wah Boehner’s a nice guy. I am gonna cave. Granny, pay up.
Even Shorter Obama: That Boehner kid ain’t so bad as long as I give up my lunch money and Granny’s medicine money.
Shorter Boehner: Can you believe this nerd thinks he can get sympathy? Watch this. I am really gonna make him cry now!
There is a Maukonen in Canada that is sure he is related to my family but proving it would be a bit of a challenge since any other relatives who could verify it live in Finland.
O’Donnell probably wishes he hadn’t done this interview
http://www.youtube.com/watch?v=B37zCueHfFM
He lets the cat out of the bag about why the Dems don’t care. And inadvertently how to get our power back
you know we have to have some ready stats for these people. Like most people do pay tax, it’s called SS tax and Medicare tax. And the top 5% of the population pay a larger portion of the tax but they also earn a larger portion than anyone else. And therefore they should pay a higher percent than the guy making 25k a year, maybe with two kids.
Not just Ukraine-radioactive hot spots all over Russia, as well as a lot of the former USSR. Wow. Had no idea Alberta could be that bad.
I’m still sticking by original prediction.
It seems to me they’re playing this to perfection to that end. Ergo, it must be planned.
jacksonjk
What I can’t get passed is that he even enumerated the number of times the debt ceiling has been raised in the past: EXACTLY!
YOU, the President of the US have put us in this ‘crisis’ atmosphere because YOU want a ‘grand bargain’ that HURTS those that can least afford it.
I still cannot wrap my brain around the fact that this ego maniac was elected with a D after his name on every ballot across this nation.
And he tries ever so hard to sound like ‘the serious grown up in the room’ we all know the type: a con man selling fake bonds to the little old widow – just waiting to cash that check she signs over so trustingly to him……it’s still stealing, it’s still immoral, no matter how suavely and sweetly said.
BTW how the markets were virtually flat today?
yup.
Might as well get it over with.
Slow painful excruciating death. Or quick one to the leg.
While I agree…. there was a big time “scholar” explaining this last week. Something about legal mumbo jumbo that Obama cant do that until the default actually happens.
After watching both speeches the thought struck me that the WH & Congress subconsciously want to see if default is as bad as their betters have suggested. We’re sleepwalking into Great Depression 2.0. The misery index for August appears to be extremely high with a huge potential to harm huge numbers of us.
This is pathetic. The R’s win by default when the public says a pox on both your houses… because it is always the rabid right that comes out to vote. In 2012 there could be a voting rate rivaling a special election, and all of them teabaggers.
no dfh’s allowed!
Obama is right about one thing: I don’t want to see this shit six months from now all over again, even with a catfood commission.
nice clip.
Life seems to be able to adapt to radioactivity. It seems unable to adapt to pollution from oil.
No, this is not the way Obama wanted this to end.
That’s partly true. Canada was never that much different than the US economically, more so culturally. The party in power the longest was staunchly “centrist” (the Liberal Party). However, each province has more power than US states, so people in Quebec have more European like social services and safety net while Alberta, and increasingly Ontario, resemble the US in that regard.
For me, if I’m going through the trouble, I’ll be aiming for (northern) Europe first, Canada as a backup. I’m staying away from the UK as I fear they’re on the same downward path and are already in some ways worse off than the US. Australia’s doing fine at the moment and may be easier to find employment there than Canada, but it’s all by itself out there.
Totally agree.
You know what? if the American people can’t get up for that and “think” for once, then so be it. That’s democracy.
Plouffe: “We have to make cuts, or there won’t be anything except defense, Medicare, and Medicaid.”
they do seem to be in agreement on the SuperCongress Catfood II
I cannot believe the nerve of S&P. Seriously? They have appointed themselves arbiter of this debate?
They are serving as the henchmen of Wall Street and they are going to drive the states into a huge budget crunch that forces them to sell off assets to the private equity firms. They really, really need to be taken down a peg.
Can life adapt to stupid? We need to find out real quick!
Problem for me right now in the US is finding work again so I can have enough money to leave. What a nightmare.
Do you think FDR would have even blinked?
or even LBJ?
On interest rates, I’ll just add that if there is a ratings downgrade, there is some possibility that there would be fewer buyers, as Pension plans and other safety seekers would be required to back away.
Yes, ask the dinosaurs. They were successful for a long time. They were not meteor proof (neither are we).
Plouffe is now making the argument of a credit downgrade against the two-tranch proposal. This is all about one vs two tranch. Two tranch is a nightmare for Obama.
Or up his ass.
Tea Party is mage up of a bunch of traitors who are blinded by their own ignorance and hatred. They should all go to hell!!!
Where was Raven? Didn’t see him…
Reproduce faster.
Please be careful.
Canada is rocketing towards the same fate as us.
The conservatives have COMPLETE control now. They’re choosing war over social services. They have said plainly, they will start allowing money into politics. And the housing bubble there is about to bust. They know about it. They have been warned. And they’re doing nothing.
And Canadians are becoming more like us, and not in a good way.
Research.
Only when it comes to spying, torturing, and acts that squelch dissent and democracy.
Any day is a good day to say “Fuck You, Joe Lieberman!”
Why don’t you all join me… on the count of 3
…1…2…3
“Fuck You, Joe Lieberman!”
Eric Cantor is a number one jerk.
Be sure to include “Reagan”, “compromise” and “sacrifice”.
Our real problem is the progressive have a large deficit of gun nuts.
Part of the ZOMG CRISIS CRISIS CRISIS message.
The 14th amendment solution was starting to gain ground and popularity, so they had to come up with something as an excuse to cut cut cut.
And in jumps S&P with an announcement that an extension with no cuts might result in lower ratings.
Shrewd analysis or perfectly timed political gamesmanship?
You decide. lol!
Yes, I agree. But there is an alternate explanation: that they are emissaries of Wall Street trying to get this thing resolved by helping to create a crisis. I tend to agree with you and when this is over, someone needs to take them down a notch or two.
In Canada I’d go to Quebec. The French have shown again and again that they will not be pissed upon.
In Europe, France Profond.
I think bush said it best when he said we would support democracies like ours. Emphasis on “our”.
Hoping that the French in Quebec reinvigorate their breakaway movement.
Yes, that could be. Interest could go up on outstanding long bonds, but not so much on short term bonds IMO. But there are other opinions out there too.
Obama will (quietly) put SS and Medicare back on the table to get rid of the two-tranch approach.
The markets are still stable.
If they were really concerned, then they would show it.
If I had money, I would invest in this being resolved with the debt limit increased … and SS/Medicare/Medicaid taking a hit.
Heh, as an avid lifelong hunter, this progressive (if I haven’t lost my progressive creds yet) is very well armed, thank you.
The best way then is to apply to go to university and come in as a student. Extend from there. Student visas are quite easy.
American’s tolerate being peed on because it’s American pee.
I suppose I’ll get flamed for this, but the job of rating agencies is to rate. Sure, they were crooked as 10 miles of bad road during the subprime debacle. That doesn’t change the fact that any government that plays this sort of games is a bad risk. It also doesn’t matter who doesn’t get paid; your credit rating goes down if you don’t pay your car loan even if you managed to pay your mortgage. I expect us to be downgraded even if they raise the debt ceiling tomorrow.
Among many other things, many funds, like pension funds, can only hold AAA securities (which is why they could buy top-tranche subprime garbage). When the US is downgraded, they will have to churn their whole portfolio. I really don’t know what they will be able to buy – I don’t think there are enough $$$ worth of AAA without US debt.
This little game of political chicken is going to cost the US as much as another war.
Bad move.
Illogical, both economically and practically.
Will NOT happen.
And read up on the Quebecois. Their leaders are some of the most corrupt. Although with the conservatives in power now, that one will easily be one-upped.
he makes a good case.
I respectfully, if damply, disagree….
Aside from universal health, is the UK really in much better shape right now? For anglo countries, I think pf the order of best place to be right now as: Australia > Canada > New Zealand > UK or US.
I decided to watch Lord of the Ring instead and I got to thinking how much the movie is simliar is to what is going now…the time of the Elves is over. the time of the middle class is over
I agree. But I don’t think he’s really being too quiet about it for those willing to listen.
I don’t tolerate “being peed on” for one second, and suggesting that your fellow citizens do, I find a disgusting lack of empathy and downright mockery of them, which they do not deserve.
They could petition to become another Department of France.
Excellent idea.
Also note, that no one should send their children to any schools here because they will graduate with a heap of debt. And then they are FUBARed for life. Good luck getting a job with the new 9% unemployment being “normal”.
Also, a lot of those pinko-commie treehugger countries charge less, and often have grants so that in the end, they will come out with almost no debt, or NO debt period.
Obama, Boehner and the rest are sadistic SOBs. As president, Obama simply is required to pay our nation’s bills any way he can. End of debate and bargaining. No two-step required.
Fineman just pointed out to O’Donnell that Obama’s (Reid’s) last offer was “unbalanced.”
And made the point that Obama should have gone after the two-tranch approach directly.
haha. nice.
But check out France, ie. do the research.
They are not some socialist utopia. They are in the same pickle. Eventually time will come to pay the piper, aka the banksters.
Same for Canada.
First BOner lies during hisrebutel according to Matthews then the teabag puke Joe Wilsone claims regan and his policies caused the great econ growth of the 80s. what bull shit the babyboomers peak earning years caused the prosperity. it was pure demographics. this is why tax cuts dont work (w) and tax encreases were ok (regan and clinton) economically. demographics create demand and demand creates jobs and jobs create prosperity. Joe Wilson sounded like a rooster trying to credit for the sun rising. It would be laughable except the consequences are so deadly-look at the heatelated deaths by the poor who cant afford to keep cool
Well, you’d better learn French well and not mention you’re from the US much. Supposedly the anti-Americanism is high there regardless of your political beliefs. Tougher to find work as a result (they may even discriminate if they see you went to a US university, perhaps if you go to McGill for a master’s you’ll be improve your chances) and Montreal is super-cold in the winter.
Just In!
Obama and David Plouffe pull more Dems under the Bus
Coming to DC soon, Dem House Members and Dem Senators will be force to take a pledge to never cut Social Security, Medicare, and Medicade
Why? Obama and David Plouffe keep telling real Democrats that there are some Dems in DC that want to kill the New Deal develop by a real Democrat name FDR.
“David Plouffe says ” He had the votes to do the Grand Bargain” who are these Dems. WOW!!
good one David Plouffe, you and Obama are not going down along.
So Dem House Members and Dem Senators you will soon be getting a call, and like the GOP, you will be force to sign the dotted line, if you don’t sign, you will be primaried, and you will lose.
Dems can thank Obama and David Plouffe for throwing them under the bus yet again.
Who is Obama speaking too?
tea party
he is not speaking too, the following groups
the left
liberals
baby boomers
progressives
basically the Dem Party
if you don’t take call Dems, you will probably be primaried and lose. for LOL
Real Dems search for Phony Dem search is underway
In the end, if there is a default that lasts for any time, maybe just a short time, there will be more than bonds to worry about. The market will fall, layoffs will ensue, earnings will go down, tax collections will go down,stocks will go down again and the cycle repeats. And the deficit and debt will go up even more. Rinse and repeat.
He was here. Don’t know where they went, but I saw two comments.
But, of course, he couldn’t do that because it has the best chance of succeeding — and he may have to sign it.
Put a dress on Eric Cantor and he is ‘Church Lady’.
Just imagine what a better place we’d be in if Obama had stuck to his perceived progressive views (I know, ha ha.. like he had any to begin with) and got single payer passed. Imagine all the savings we’d have not only in Medicare, but also DoD Medical. Imagine all that money that wouldn’t be funneled to the insurance companies.
Imagine if he repealed the Bush tax cuts that he gave in on..
Those two things alone (and withdrawing from our idiotic wars) would right our ship. Too bad that will never happen until we are all broke and serfs to the rich once again.
Instead of the whole world paying off the banksters, the whole world should be convicting and imprisoning the thieving assholes.
I’ll restrain from calling for their torture since I believe torture to be wrong.
Good.
Maybe then we can rebuild.
The alternative is slow and painful road to servitude.
But of course large swaths of the U.S. public bears no responsibility what-so-ever for electing these frauds. Apparently those that subscribe to trickle down and could care less if the last vestiges of the social safety net are torn to shreds are really nothing more than victims. Spare me the self-righteous indignation.
Sorry, I’m not that civil.
Not today. Not now.
We could always go to Thailand and teach English.
Actually, as a returning student about to graduate with Honors at City College of San Francisco, continuing my Spanish study in Barcelona sounds good!
I know. That’s why I stopped aiming for there and am aiming for Europe unless the US sinks me down with it before I can make the leap. I don’t want to go there teaching English as it’s a poor way to get permanent residence. English teachers have few privileges normal workers have in European countries…it’s an industry for fresh out of college, traveling kids. I had planned on going to school in Sweden until they stopped offering free tuition to non-EU residents, now it costs a fortune. Germany, Norway, and Finland are the only countries offering free/cheap tuition over there now.
Well, I’m guilty too.
I voted for Senators Webb and Warner and President Obama.
Frauds, assholes, right wingers posing as democrats all.
Every damned one of them is useless.
FWIW though, NONE of them will ever get my vote again.
Until someone starts talking about serious cuts to the permanent war budget, it is all so much con job bullshit.
Ed now railing against two-tranch approach. Talking points are out.
S&P are in total violation of every regulator code of conduct. They are supposed to be reactive, not prescriptive — they are not allowed to either implicitly or explicitly give any guarantee of a rating prior to the determination of the rating by the committee.
The minute they said “$4 trillion” they were way, way over the line. But now comparing one plan to the other, and saying one would get a ratings downgrade when the other one wouldn’t? The SEC should yank their designation as a “nationally recognized statistical rating organization” ASAP.
I raised money for him. I believe that makes me an accessory to murder, right?
x2
The French, however, will not sit passively as the banksters try and fleece them. No one claimed that France was a “socialist utopia” but one can say that the U.S. is becoming a capitalist hell hole for the poor, the working and middle class.
Yep.
Spain’s no good either.
The banksters have already got their jaws firmly implanted in that one.
As for teaching english in another country, not a bad idea.
It is almost like they and their friends are taking over US policy. I do hope we can find a way to knock them out.
If you can, go for Germany.
Maybe teach english there to start.
Their unemployment benefits are ridiculously good. They really want people there to contribute to society. It’s a thing with them. They do much to make sure people are employed and have security. Damn commies.
you and the rest of us that were conned by the thing.
European policy, too. The banksters are an international cartel.
almost???????
Don’t be so sure.
All the populaces that are pink and fuzzy bunnies are being trounced. I personally would not choose France.
I bear that guilt as well but that’s the last time I vote for these frauds.
*almost*. Hahahaha.
Greed has no boundaries.
It will destroy us all. Not with a bang, or whimper. But with the adulation of the masses.
Good.
I still think fighting the bastards needs to be a coordinated, global effort.
I see a lot of people talking about heading to Canada, Europe, etc. but does anyone ever actually do it? Don’t get me wrong, I’d love to see a mass exodus and brain drain but it just sounds like bravado/blowing off steam.
bernie has mess up ED talking points
bernie just expose old Harry Reid Catfood 2 plan, which will lead to cuts of Social Security, Medicare, Medicade.
Obama, David Plouffe, Harry Reid, and Nancy Pelosi, better wear their running shoes, Dem Senators, Dem House members, probably don’t like the idea of being force to hug OBAMA ideas about cutting Social Security, Medicare, Medicade, etc.
who are the Dems in the congress that want to cut Social Security, Medicare, Medicade, we know you exist, please come out, please come out, tell the USA like OBAMA
Agreed!
Yeah, Germany is the strongest country over there right now. Germany has flaws, but they’re well to the left of the US, Canada, Australia, the UK, and a growing power again. The Green Party keeps winning more and more districts, while the Social Democrats have a strong history ruling the major cities, and even a farther Left party in some cities has power, like in Berlin. They still have enough people voting for conservatives though that they get people like Merkel in power who help the financial elite, and the Social Democrats are also partly to blame for letting the elite gain too much power, just like in all other western countries.
I read the Ezra Kleins’ article, and I agree with him. The GOP won this argument, but in 2010 when President Obama worked with them to continue the Bush tax cuts, and to give them something they didn’t even ask for, the estate tax extension. It seems many progressives and Democrats forgot that this president willingly handed over tax cuts to the uber-wealthy without request from the GOP. The dye was cast then.
http://johnboehner.house.gov/
SERVER TOO BUSY
From you lips …
But they do own the place. Literally.
Good point.
At this juncture, maybe some place where I’m not a slave would be nice.
I never thought I’d see capitalism collapse in my lifetime, but it looks 50/50.
x3
LBJ would have throttled Boner, FDR would have laughed in his face.
I want my vote back. From Obama. From Pelosi. From Woolsey. I want my vote back from every democrat I voted for over the last 20 years.
People do it. Look at expat forums. You have to have a lot of dedication and perhaps luck to make it happen though. If you’re poor, jobless, and lacking in skills and the right degree, it becomes nearly impossible to leave legally. You have to fight for it and it’s an awful time for anyone to try to be doing that in the US. No jobs available to build the skills needed to be attractive to get the work visa needed, or to increase your chances of getting into a competitive master’s program (one that will increase your chances of finding employment in that country after graduating). Maybe the banks will be stingy and don’t want to lend the money to let you study abroad as well. It’s not a great time to be an American trying to leave. Ironically, it was easier when America was easier to live in.
Except it’s not capitalism that’s collapsing.
This is not capitalism. This is just pure unadulterated greed and corruption.
They can’t let all their slaves go?
Who would do all their work?
i want my vote back too!
But it won’t happen, so I’m going to bed!
Oh noes, they violated procedure! OK, fine, pull their license. It doesn’t change the fact that this little political stunt has ALREADY irreparably damaged the US credit rating, regardless of whether they manage to cobble together a deal in the next week. We can wait for another rating agency to do it, or one in some other country. Or wait for the bond markets to drive bonds down and rates up, regardless of whether there is an official downgrade. Doesn’t alter the facts in the least.
Around half our debt is of under two years duration, much of it now in bills, and much of that is yielding near-zero. Any increase in rates will be felt immediately as that short-term debt is rolled over. We simply can’t afford it.
Also, I’ve looked into immigrating myself. Based on the research I’ve done in the countries mentioned, Americans are about as welcome as a case of phlebitis.
EVERY day is a good day to say “Fuck You, Joe Lieberman!”
Are there a set of standards that a rating agency must follow by SEC rule? Or is it just a business or opinion like any other and they can do whatever they like?If there is a set of rules we should ferret them out and try to use them.
Yeah, I’d just suggest avoiding English teaching if possible, though there may not even be a choice. I’ve read up on it a lot and it just sounds like it’s extremely difficult for non-EU people to even get hired freelance (part-time) and very few companies offer full-time work with benefits. Even UK people who don’t have to worry about visa have to deal with barely having any money since they have to pay for everything out of pocket that is typically covered by the employer when people are employed full time.
This message in a bottle plus some fresh air is for Mr. O. If You Mr.President is reading this ,chances are you and your democrats and republican partners are involve in some weird role playing sex game. My guess is ,its probably involves hand cups and hostage taking. Please Tell John Boehner his makeup is running when he can out for his speech. Please do not tell us any more. I will wait to get me a booth-leg copy of the video off the street. Yo, Mr. O was Harry Reid recording and directing this. That old sly devil. I had a feeling droopy dog had some freak in him. What were Eric cantor , Nancy Pelosi, and that turtle Mit McConnell role in this video? On second thought do not tell me ,I will wait.
Well, there are those out there who say rates on t bills will not go up. But even if it did we can easily afford it. The real problem is the economy and the impact of a default.
Yeah, Latin Europe is f#cked right now. I wouldn’t aim for Portugal, Spain, or Italy, and France has historically been extremely difficult for English speakers, without amazing job skills and French ability, to find work in. Northern Europe is doing quite well on the other hand, assuming the Latin European countries don’t drag them down. I’m doubtful they’ll let that happen.
Sweet dreams, msmolly.
what do you think about the 16 trillion the fed gave to the banks?
come on MAN?
you are better than this!
where was the S&P when bush started 2 wars and cut taxes
Come On MAN? if we had an intelligent Democrat in the WH, this crisis would not exist.
How did OBAMA do in the G20? he got laughed at
How did OBAMA do in Korea? He got laughed at
OBAMA wanted to live in the GOP TENT, none of the crap OBAMA, is talking about is progressive.
FDR was a Leader
OBAMA is a joke
As long as you go to the developing world, an ESL teacher can live very, very well. I did it for many years.
I’ve been looking, but I’m uneducated, and not a successful careerist. And my ancestry is all from Russia (at the time; perhaps Lithuania/Belarus now)…not really high on the emigration list.
Maybe I should be teaching English in Thailand? (A former co-worker went to Korea and seems to have enjoyed it.) Hmm. Phuket is so lovely…
This is apparently what capitalism morphs into when the global financial sector is allowed to grow so large it cannibalizes the industrial economy.
Oh, bummer. Never mind.
How the hell is it that “this little political stunt” has damaged our bond ratings yet back when Clinton was prez they had another “crisis” that didn’t??? Or am I misremembering about that??
My memory insists there was, in addition to the two government shutdowns, at least one big tug of war over the debt limit. And I don’t recall our rating EVER being damaged.
EDIT: And I believe there was a big to do over the debt limit increase when Reagan was President too. Why is THIS ONE the one that ratings agencies can jump into beforehand and threaten downgrades over specific proposals?
*heh* I taught in Thailand. You could find work there without a degree and make a decent amount of money. However, it is not an easy country to be a foreigner.
Capitalism is based on “pure, unadulterated greed.” Please see my diary here.
But he got the workers a “payroll tax holiday”! Let’s not forget that piece of wizardry.
I called it then; he’d let the Rs pull the same stunt again and again, and use the declining FICA revenues to rape SS. If only I could do so well picking winners at the track.
Obama took a page from Senator Kyl. This was not meant to be a factual statement.
i thought the president gave a good speech.
to my mind it was the best i have heard him give – short, informative, carefully non-partisan in appearance.
when it was over (watching cspan on a computer; gave up on teevee some time back),
my wife turned to me and said “why didn’t he make this argument sooner?”
my response? “that is exactly what i was thinking”.
why not start educating us citizens in april, in may, in june, in early july?
why wait until the atomic clock says two minutes before midnight to make an articulate, educational speech?
short answer?
this guy had way, way too little experience governing (like ZERO days, ZERO months, ZERO years) to be president.
obama was many american voters’ folly; you get what you vote for.
When was this? All the forums I’ve read say northern Europe (Germany, Netherlands, Scandinavia) is really tough now, and nearly impossible for English speakers outside the UK and EU.
HELP me out- obama talked about a balanced plan with tax cuts- yet teh Reid plan which he supports has NO tax encreases-Which is it???
Read some Jason W. Moore essays:
http://www.jasonwmoore.com/Essays.html
Really interesting, fresh perspective on this topic.
Bingo. Explains everything. +1
Capitalism IS corruption. What we have here is a developed adolescent turning into a man.
“…it is always the rabid right that comes out to vote…”
Not always; the hopeful left turned out in good numbers in 2008, it’s just that we were mistaken in thinking that Barack Obama had either the will or the desire, to make the real changes we so desperately needed. It was an honest mistake.
I just don’t want to reward this hack by giving him another 4 years to chase his cheek-spreading compromises.
How so? Lack of English-speakers to communicate with? General xenophobia? Not to hijack the thread, but I’m curious.
Yeah, Asia in general is tougher unless you’re from that background. Non-Asians are generally treated like perpetual outsiders. Perhaps it seems good when you’re first off the plane and young and like extra attention, but it begins to eat at you as years pass.
Well, forget Europe. Go to the developing world where a native english speaker is a valuable asset for a school. I taught until 2000, so the markets would be different today. I suspect there is *plenty* of work all over the world, though.
This is the guy Obama went to campaign for after Ned Lamont won the Democratic primary in Connecticut. Heckuva job
BarryMoron.I’m afraid we’re stuck on this rollercoaster comrade. I’ve already got a headstart on poverty. What do I care if the economy collapses? At least gas prices will come down.
Capitalism is worse than state socialism because it can’t be killed, it has to kill itself and take with it the rest of us. This is the sad state of affairs. The ruling elite will never let go of their ill-gotten booty. We will have to work collectively in order to survive the capitalists’ final assault.
I’ve already done that. I’m looking for a long term career and exit plan, not to hop around on extended vacations. ESL is for the young in most countries. If you love teaching, you can go a different path (by getting the right master’s and teaching experience back home) and find more career type work (international schools, universities), but that’s not what I’m interested in doing.
thanks, I’ll check it out
Foreigners have a (very well deserved) reputation for being in Thailand for the sex trade. There are also many other stereotypes that Thais place on foreigners, none very good. Thais are delightful people, very polite and always pleasant, but under the surface there is an intolerance for “others”.
Glad that I didn’t watch — hard to believe indeed how far we’ve come as a nation in just the past ten years (or even three, depending on perspective). As for emigration, I’m thinking to an off-the-beaten path island… Dominica, perhaps. Papayas and coconuts, with the occasional chicken and mahi — consider it the south Florida version of living off the land.
I think Japan is still the best bet in Asia if you can deal with the radiation concerns (go veg*n). The cost of living is high*, but they’re generally less hostile and weird towards foreigners. Glances or someone avoiding sitting next to you on the train beats getting treated aggressively (South Korea) or as another person to milk money out of (Thailand). Of course, stay away from Fukushima and perhaps Tokyo. Next major city is Osaka, though far less jobs there than Tokyo. One advantage right now is the yen is much stronger than the USD so whatever your wages are there, if you’re sending money back home, it’s easy to make extra money. The downside is the wages for entry level work in Japan keep getting lower and lower to the point it’s hard to even afford to live.
So what kind of position are you looking for? Have you thought about going into corporate training gigs rather than language schools where the young teachers go?
Comparativelty speaking, I thought the President did a workman like job tonight. The comparison being with the Speaker’s factually challenged and dyspeptic rhetoric.
You have to have savings, and I’d imagine some kind of job (or relative) there waiting. I’d love to, but don’t think I can afford it now.
Japan has a horrible reputation for ESL teachers. So does Korea. It’s best to just pick a culture that interests you and find work in that country. You’ll have a much better quality of life.
I spent a month in Phuket(four years ago though when things were more stable) and was treated royally, (being a statuesque blonde might have been part of the attraction) I met some guy on a bus who suggested I come back to study English. The people are generally evry, vey nice but, of course, I guess Americans are always at risk. When I visited Bogota, my Colombian friends were always worried one of the rebels would grab me and take me hostage.
Yes, and that’s the plan.
The racism, the party divisions . . . they are but kabuki.
The heart of it all is the end of our representative system, and it’s fully embodied in both Dim and Rethug plans on the table at this ppoint.
1) No taxes on corps or the wealthy.
2) But MOST important, the establishment of a committee of 12 appointees by Reid n Boner . . . which will pass legislation without the input of our elected offals (not that they are worth a shit anymore anyway).
This is the fundamental end of democracy, along with Citizens v United and The Patriot Act.
We are one plan away from a full fascist system as was Germany after Hitler got HIS committee passed.
This is horrifying . . . fuck the race baiting and partisan or bipartisan bs, it’s all about establishing an empire with control a the top by 12 Ceasers.
We are soon all going to be criminally suspect for our opinions. The difference is they WILL be coming for us much sooner than I expected, meaning in MY lifetime (20 good ones left I thot).
Best to ya Tan, at this point the Obamabots don’t mean jack squat and there’s Shilary n Jeb Bo hiding in the wings for more ‘sposed demokracy . . .
Okay, I’m dropping out of this part of the discussion as it looks like we’re way off topic.
LOL!
Well, I just sent the following to my two [Democratic tool] Senators [Inouye & Akaka]. The server for my House member’s address had crashed.
Please note: this is SHORT, as I always recommend in writing to these tools.
PS – anyone who wants to steal all or any portion of this & use it to send to your reps is welcome to do so.
Cuba …might be the paradise for me……g
Yeah, Thais can be very kind and friendly. The experience is different for men and women, too. The Mr. got propositioned a lot by Thai girls. Made him feel good but those are not the kind of girls one wants. *heh*
good one
Mind over matter dude, I don’t mind cuz they don’t really matter.
They are just part of the kabuki . . . they only exert force in your mind.
The politicians are all FULLY aligned on the Super Committee, not taxes on the rich, and cuts to Medicre, Medicaid, SS . . . with more to come from the Super Committee.
Wake up, the TP is mostly circus act to deceive . . .
Unfortunately, Chris Dodd and Tim Johnson (and the other corporatists) have made it clear: Hands off the CRAs!
My uneducated guess is that stripping them from law would work wonders quite quickly.
They can start by getting rid of the Education dept. @ the Federal level.
Way to manny assholes telling and not enough teaching. Save a ton of money!
As far as jobs go, it’s like a catch 22, companys don’t hire because thiers no demand for their products, because people don’t the cash to spend, because they don’t have a job,the only jobs being created are; you guessed it. GOVERNMENT JOBS! Which creates more debt and so on and so on.
Stop the BS know. A few of the cronies in DC created the problem and some are still there. GOD knows and they will get their do!
I thought the Chinese CRA already downgraded us?
According to Ed Schultz, just now, The Center on Budget and Policy Priorities says that the Boehner plan could well produce the greatest increase in poverty and hardship of any law ever passed in modern U.S. history.
I sure would love for you to expound on that one . . . cuz it’s right up there with moving money around the world by the 1% elites since the 1800′s . . . fascinating . . .
Hi Senator . . .
When ‘that Hamsher woman’ the other day in a diary suggested we shift emphasis from politics to corporate misadventures I was quite taken with her idea.
Then, came her info on the Super Committee . . . it all falls in place.
Sharp woman that Hamsher woman, first one I read that said squat about either thought.
*G*
I watched both of these speeches as carefully as I could. I was not so concerned about what they were each saying, since everything they said seemed to be based upon such false premises linking this and that to serve an individual private imperative based on a mantra they both were buying into. This kind of ‘important’ argument avoiding real stresses on the economy which have been pointed out by anyone who isn’t Geitner simply can’t be analyzed.
Instead, my mind was fixed on the insularity of each of them as they addressed us, the American people. Were they at all aware that we were out there wondering what they were doing? Boener did make an attempt to be affable, but our CinC seemed to be barely containing his rage, angry to have to explain all this once again to us dummies who really don’t get it. A fireside chat it was not.
I was looking for some reassurance at least if not an apology to seniors and the disabled who are worried what they will do if those checks don’t materialize. If there was such reassurance I certainly didn’t see or hear it, just an insistence that entitlements have to be dealt with and no recognition from either that they have nothing to do with the deficit.
Okay, sir. You said the world was watching – oh dear, I sure hope they weren’t. This wasn’t the voice of a leader; this was the voice of a man who has not been getting enough sleep and is losing touch. It really scared me, so I hope the world had other things to do.
Best analysis I can give here. I am left hoping somebody will be so tired that they will set all this scrambled jigsaw puzzle aside, pass the ceiling thing which we really don’t need, get a good night sleep and come back, say, after all the troops come home and sort it all out – MINUS social programs!!!
More of this nonsense we really do not need.
Well I hate to sate the “obvious” but I’m not young enough to be that stupid anymore.
Those problems are everywhere. But in some places more so.
NYC, 1 out 4 have herpes. Can be non-symptomatic. 1 and 2 can switch forms.
Love is fleeting, but herpes is for life. It’s a virus. It literally hides inside the cell.
Nothing like a case of herpes encephalitis to shake off the “boredom”.
Either way, any place, any country, it’s can be a problem.
It’s a numbers game. Russian roulette.
This ain’t the 60s no more.
Oh, he is, he surely is.
Just not for any of us citizens.
Been plain as day since he announced his cabinet picks and appointments.
Check this out, if you haven’t already: the buying of America state by state by the corporate plutocracy – ALEC EXPOSED
My husband just got a manager’s work permit for Canada. It’s for one year but there is a very good chance it will be renewed. My son will be attending university in Canada and I will automatically be given a work permit, we have been told. Life will not be easy there and Canada has many of the same problems we have here. They’re just not as bad yet. If you want to leave the US, you can. Just be persistent and don’t get discouraged.
Both.
There two organazations that represent that 1%. They have been around for about 700 to 800 yrs. they pull the strings on all these puppets. Jane you must know who they are, and they themselves don’t know. Similar to the keeppers of the bell.
Too narrow, this has LONG transcended party affiliation or their drive to be the elected majority in power . . . use the noggin, it’s all corporate driven and corporate benefitting.
Politics has NOTHING to do with it any more, not at all. Not since Patriot Act under BushCo, FISA, TARP, Citizens v United and now the coux de grace . . . dismantle all social services programs.
They is all in it together and always have been . . .
Because they got away scotfree when they messed with the mortgages.
I’m looking into that myself. Currently working for a US/Canadian corporation. Hoping to get a transfer in a few years.
I speak French. Lived in the Walloon part of Belgium.
There are lots of US expats in Canada. We have met some. They seem very happy with their decision to move.
Oh, I believe in Torturing them, by making them poor.
Makes you wonder if SS was just a “temporary fix” while the communist and socialist were becoming popular. Scares the shit out of them capitalist.
ow that there’s an abundance of cheap labor and foreign markets, they can pull the rug out from under us.
Great line from a poster at Digby’s…right to the point:
“Obama’s getting his ass kicked by 80 nut freshmen who would not be in congress but for him.”
Dear President Obama:
No, the American people are not tired of the inability of you people in D.C. to ‘come together.’ We’re not worried about your ability to compromise; we’ve seen distressingly ample evidence that you know how to do that. What we want is someone to act like a leader. That’s all. Take the bull by the horns and show us you’re earning your keep. You’re not irreplacable, you know.
He’ll be lucky to teach law at Oral Roberts U. after this.
Thanks, bookmarked . . . I’m not all that sharp about this stuff detail wise . . . which is why I frequent this place, to learn more!
*G*
And the band play on!
Obama seems to be aging. Hope he lives long enough to see the American people rise up and dump his crowd in the garbage dumps.
Am I the only one who’s enjoying hearing Joe Lieberman rip Harry Reid’s plan, after Reid went to bat for Joe, “to let bygones be bygones” after Lieberman campaigned with John McCain in 2008?
Is there a funner (and more bitter) yardstick for just how thoroughly Obama has helped the GOP neuter the democratic donkey? :o)
“…teach law at Oral Roberts U.”
There’s a thought. :o)
It is perfect, isn’t it? Karma.
Trader Joe has spoken. He has no shame.
Heh, Robert Ludlum writes of these things and orgs in his fiction works.
Others, write of family names going back hundreds of years and more, with wealth.
Then there are the church based orgs hiding church wealth in places thruout centuries . . . . lots facts AND fictions in it all, but it does fascinate me . . . humans are creatures of patterns. ;-) Down the ages, patterns emerge . . . those who ignore them are condemned . . . so to speak . . . lol
U Kidding me? Teach? He’s gonna help Goldman Sachs lobby! They all do. He’s gonna be hugely popular on the corp speak circuit, as is Big Dog.
Hey Tan, if yer still around this thread a big HOWDY to ya . . . I’m gonna go rambling from this one . . .
When are “we” ever going to win ANY of them? I’d settle for 50-50 right now. We may win a very few tiny victories from time to time, but always lose the big ones.
Could it Be because some of us jump on her case for carry water for Mr. O ?
Melissa@melissaharrisoerry.com
Larue, good to hear your voice. I’m about ready to bail for the night.
Catch you later.
Obama knows perfectly well how to be a leader.
http://www.commondreams.org/view/2011/07/24
Hey wheres my rec button. Good link Cassiodorus, thanks. I like this comment live blog thread even though Obama is long gone and good riddance, It is reality based and funny. Appreciate the non subservient attitude here. It’s much saner then the we the people ought to be grateful for our servitude which is about to go into high gear and be billed as winning the future. Were all Raygun Democrat’s now it’s the 21st century and this is your new Democratic party. What a dick.
Another crisis brought to you by corporatist. This is disaster capitalism. They want the Social Security money.
Mr. O thinks AMericans are stupid enough to call their representatives and tell them they want the balanced plan, that steals their Social Security and Medicare funds. Called shared sacrifice by Mr. O. While corporations pay little to no tax and the wealthy get the lowest rates in history.
And there are a lot of Americans that will call because they just got bamboozled and hoodwinked.
Good thing the NEA already pledged allegiance to him.