An array of Republicans and conservatives — including some of Mitt Romney’s sharpest critics — rushed to the GOP presidential front-runner’s defense Thursday to counter efforts to paint the former venture capitalist as a job-killer.
But it is a pretty big, broad and long-standing tribe, immune from repercussions:
The desperation of homebuilders was a running joke among top Federal Reserve officials during the waning phase of the housing bubble in 2006, according to transcripts released Thursday…“We think the fundamentals of the expansion going forward still look good,” Timothy F. Geithner, then president of the Federal Reserve Bank of New York, told his colleagues when they met in December 2006.
Finally the bipartisanship of the wealthy.




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Obama Romney vs Ron Paul and American Citizens 2012
http://vimeo.com/34981832
Thanks, attaturk, for the scene of moguls huddling together to protect the Source of extracting the money from the paeons.
Good morning, pups. It’s Brooks and Krugman today. In “The C.E.O. in Politics” Bobo haz a question: Does Mitt Romney’s success in business tell us anything about whether he would be a successful president? I’m more interested in whether he’d slash and burn his way through the country the way he did with the businesses he took over… Prof. Krugman says “America Isn’t a Corporation,” and he also has a question: What’s with the notion that this country needs a successful businessman as president? Making good economic policy isn’t at all like maximizing corporate profits.
Here they are.
The coffee, tea and hot chocolate are ready, and I’ve got banana pancakes this morning. Friday finally got here. I think I’ll celebrate by baking cookies when I get home from work. Have a great day.
Thanks, Marion. Bobo’s answer is NO. Krugman gave it. Mitt cut back returns to employees, an effect that is passed on to the whole community through diminished purchasing power. All the gains went to investors of Bain. All the pain went to the economy as a whole.
Expect slash and burn for everything except tax cuts and defense. And I think he’ll sell a lot of stuff from the Smithsonian.
Boxturtle (America’s having a garage sale to finance more drones)
And yet he was hired by and still works for the Obama administration…the same one who just tried to co-opt the occupy movement and defined Obama’s re-election in terms of wealth disparity. While places like Think Progress TPM and Daily Kos celebrate this “coup” in defining the President, I just want to hurl every time I hear about “The lesser of two evils”.
It is becoming amusing watching the GOPers trying to defend the “free market” as practiced by Mitt. Gotta figure out how to package this s*** so it looks like fertilizer.
Boxturtle (Solandrya! Kenya!!! Obamacare!!!! Vote fraud!!!!)
Geithner should be in jail.
How about the phrase “the evil of lessers”? :-)
Obama is finally doing something, but I think not because he believes in it but because he believes in re-election. He wants only our votes and he’ll go back to his old ways as soon as he gets them.
And am I the only one who feels like Obama is trying to do the absolute minimum to get the absoute minimum number of progressive votes he needs to win? It’s like he tries soemthing, then asks his pollsters “Is it enough?”. If it ain’t, he does something else and checks again.
Boxturtle (kinda like a kid trying to do the absolute minimum amount of yard work to satisify dad)
Obviously not since that’s sorta what I just said. ;)
Free market to the mogul means free of regulations that protect the public.
Geithner hails Alan Greenspan: “…thinking in terms of probabilities, I think the risk that we decide in the future that you’re even better than we think is higher than the alternative.”
Yeah, but they can’t say that. They have to attack the regulations as unneeded or as job killers. Then they make sure the areas impacted aren’t populated by wealthy whites who could understand what is happening and hire lawyers.
Then when something happens and makes the news, everybody can see that it happened to not-us and who cares what happens to not-us?
Boxturtle (Especially Scary Brown Not-us)
Good morning all.
He’ll raid teh Museum of the American Indian first. U.S. has lots of practice on that.
Glad I gave up on TPM early (several years ago). I sent an email accusing them of being Obots & got an angry personal response from Josh.
I prefer “the evil of two lessors.” *
*The lessor being the person who holds the lease that you sign. The person you rent from, in other words. Well, I’ve just explained the joke, so, as usual, I didn’t tell it right. :-(