Wednesday, April 5, 2017
Tuesday, April 4, 2017
Monday, April 3, 2017
Opioid epidemic is far more likely an effect of this depression economy than one of its causes
Jeffrey Snider, here:
What the cash flow and profit series tell us is that Economists once again have it backward. The opioid epidemic is far more likely an effect of this depression economy than one of its causes. If businesses are forced to utilize so much less labor, it is because there is no cash nor expectation for growth in profit by which to put more of it to productive use. ...
The problem is the erosion of the national basis for income, the jobs that the Trump administration has correctly focused upon in at least its economic rhetoric. The means to correct the deficiency so far proposed, however, will, in all likelihood, do little or nothing toward alleviating it. For as much as the Federal Reserve in 2017 will claim that this is now a purely fiscal problem, it is instead still a monetary one just as it has been all along.
AP Obama details Obama policies already reversed by Trump
1. Climate change
2. Internet privacy
3. Abortion/Family Planning
4. Keystone XL Pipeline
5. Dakota Access Pipeline
6. Fuel efficiency standards
7. TPP
8. Abortion/Mexico City Policy
9. Fiduciary Rule
Story here.
And right now the boob Rush Limbaugh is ranting against homeownership and its tax deduction
Rush says the mortgage industry lobbied to get the mortgage interest deduction, not realizing it's been there since the Income Tax became law in 1913.
It's like a conspiracy, this coordinated attack on homeownership today.
Real Clear Markets doesn't hide its libertarian bias, runs three anti-homeownership articles today
The American Dream That's Not Backed Up by History APRIL 1, 2017 10:00 AM EDT By Stephen Mihm
Is the American Dream Killing the American People? By Robert Samuelson April 03, 2017
Ilargi: Our Economies Run On Housing Bubbles Posted on April 1, 2017 by Yves Smith By Raúl Ilargi Meijer, editor of Automatic Earth
That last one is a doozy, from Occupy Wall Street friendly Naked Capitalism, showing to what depths libertarianism will stoop to advance its ideology.
University of Georgia historian minimizes the magnitude of foreclosures during the Great Depression, missing their significance for the value of homeownership today
Stephen Mihm, at Bloomberg here:
While home ownership became increasingly popular in the early twentieth century, the U.S. was still a majority-renter nation in 1930, though by this time homeowners numbered 48 percent of the total population. But the Great Depression knocked that figure back down to 43 percent, roughly on par with late nineteenth century levels.
Things changed dramatically in the 1940s, when home ownership levels began moving toward unprecedented highs, hitting 66 percent by 1980. Economists are still arguing over why that happened, but the most compelling explanations are pretty banal and do little to support the sentimental blather associated with home ownership.
Does this guy even know that the nonfarm foreclosure rate nearly quadrupled between 1926 and 1933?
Through 1933 there were over 1 million completed foreclosures, about 1% of US population of the time. Compare that to the current crisis. We've had 8.5 million completed foreclosures since 2004, about 2.5% of population.
Homeownership as a cultural value in the post-war was so high because so many people lost their homes before it.
And it still is today and will continue to be, despite what some people say with an axe to grind from the safety of their sinecures.
Labels:
Bloomberg,
FDIC,
foreclosure,
Great Depression,
Jobs 2017,
mortgages
Robert Kuttner gets out there pretending there isn't already a shadow government
Here, ignoring Obama's Organizing for Action and the Deep State, which must be the point (oh look, a deer):
If this were a parliamentary democracy, there would be a leader of the opposition, and a whole “front bench” of opposition spokespeople, issue by issue ― a kind of Shadow Cabinet. ... Even better would be if a leading Democrat put herself forward now, as the presidential candidate for 2020. That way, there would be head-to-head comparisons and challenges, as well as almost equal coverage.
Sunday, April 2, 2017
Saturday, April 1, 2017
Grand Rapids, Michigan, climate update for March 2017
Mean average temperature was 35.0 degrees F in March 2017 in Grand Rapids, Michigan. The mean for March is 34.1.
The lowest minimum temperature was 12.0. The mean for March is 7.
The highest maximum temperature was 71. The mean for March is 66.
Precipitation was 3.27 inches. The mean for March is 2.46.
March snowfall was 4.7 inches. The mean for March is 9.1.
Heating degree days came to 921. The mean for March is 953. The total through March from July 2016 comes to 4975 vs. mean to date of 5849.
The heating season to date has been about 15% warmer than normal.
Friday, March 31, 2017
Wikileaks publishes CIA's Marble software used to disguise hacks as Russian, Chinese etc. to mislead forensic investigators
From the story here:
Experts who've started to sift through the material said it appeared legitimate - and that the release was almost certain to shake the CIA.
Krauthammer thinks Trump might go for single payer in the end, in which case Americans should get it, good and hard
Think of it as socialism with Republican characteristics.
Krauthammer, here:
Obamacare may turn out to be unworkable, indeed doomed, but it is having a profound effect on the zeitgeist: It is universalizing the idea of universal coverage.
Acceptance of its major premise — that no one be denied health care — is more widespread than ever. Even House Speaker Paul Ryan avers that “our goal is to give every American access to quality, affordable health care,” making universality an essential premise of his own reform. And look at how sensitive and defensive Republicans have been about the possibility of people losing coverage in any Obamacare repeal. ...
As Obamacare continues to unravel, it won’t take much for Democrats to abandon that Rube Goldberg wreckage and go for the simplicity and the universality of Medicare-for-all.
Simplicity? Draco's laws were simple. The penalty for every crime was death.
I wonder if Krauthammer has a clue what he's talking about.
Total Medicare outlays in 2015 came to $632 billion.
Total Medicaid outlays in 2015 came to $552 billion country wide (read the Notes).
Total Social Security and Disability outlays in 2015 came to $897.1 billion.
That is a total of $2.0811 trillion from 2015 total net compensation of $7.4158 trillion, or 28%, without even talking about "universal coverage" yet.
Yet all your typical American pays now for this is 10.63%:
6.2% in Social Security tax and 1.45% for Medicare, plus whatever taxes are paid at the state and local level toward Medicaid, which federal law mandates must account for at least 40% of program revenues. So $221 billion from 160.8 million wage earners across the country in 2015 represents another 2.98% paid by them at the state level.
6.2% in Social Security tax and 1.45% for Medicare, plus whatever taxes are paid at the state and local level toward Medicaid, which federal law mandates must account for at least 40% of program revenues. So $221 billion from 160.8 million wage earners across the country in 2015 represents another 2.98% paid by them at the state level.
The status quo therefore is funded only 38% by its beneficiaries, at best. I say "at best" because many beneficiaries pay NOTHING because they don't work and never have. But I digress.
So bring about Krauthammer's revolution, for that is what he's talking about, and reset the table as follows.
Total healthcare outlays in the United States in 2015 came to $3.2 trillion. Add in $897.1 billion for Social Security and Disability, and you now have a "universal" obligation bloated to $4.097 trillion, which represents 55% of net compensation that year.
That's your tax.
You've become France, Germany, Denmark or some other Western European paradise which depends on the United States for its defense.
And that's before even talking about funding the $1.2 trillion part of the federal budget which is discretionary, like defending ourselves against that little fat kid playing with hydrogen bombs in North Korea.
Of course there's another chunk of money out there being made in the United States apart from net compensation, about $8 trillion in 2015. The recipients of this income typically pay the lower capital gains tax rates, not the payroll and income tax rates which are for the chumps.
It's a nice little system which isn't paying its fair share for socialism in the United States, even though it is rich guys who typically shout the loudest on behalf of it. They do this because they know it will keep the little guy down, from whom they don't want the competition some day. But tax that system equally to net compensation and you cut that 55% tax in half, to say 27.5%. That, however, means a big fat tax increase on the rich, and on everybody else. I doubt they'll stand for that any more than they open their checkbooks now to make patriotic voluntary donations to the US Treasury.
We live in a fantasy land where no one wants to pay what it costs for anything.
Thursday, March 30, 2017
57-year old female spacewalker drops and loses 18-pounds of thermal shielding outside International Space Station
Can't they find anybody younger and stronger to do this job and do it right?
She's on her 8th spacewalk for crying out loud.
Story here.
Property and sales tax revenues in fiscal 2016: $915.49 billion
$374.79 billion in sales and gross receipts taxes and $540.7 billion in property taxes.
Beancounter says so here.
The combined total is about 28% of total state and local revenues in fiscal 2016, which came to $3.26 trillion, according to usgovernmentrevenue.com .
Bush era current dollar GDP grew 38.97% vs. Obama era at 29.62%
Had Obama era current dollar GDP grown at the Bush rate, we would have $1.36 trillion more GDP at the end of 2016 than we do.
Wednesday, March 29, 2017
Clinton era neocon seriously worries about US starvation and societal collapse from EMP attack
James Woolsey, here.
Yeah, but Bill Clinton enabled North Korea's current nuclear capabilities, which you won't learn from the story.
Yeah, but Bill Clinton enabled North Korea's current nuclear capabilities, which you won't learn from the story.
The Laugh of the Day is an oxymoron from Rush Limbaugh
"Genuine, legitimate fraud."
As opposed to your fake, illegitimate fraud.
Just when Bill O'Reilly begins to turn me on, he somehow immediately finds a way to turn me off
Liberals never apologize for ridicule.
Here:
[Maxine Waters] deserves a hearing and should not be marginalized by political opponents. In fact I made that mistake this morning on Fox & Friends. I said in a simple jest that the congresswoman's hair distracted me ["I didn't hear a word she said, I was looking at the James Brown wig"]. Well that was stupid, I apologize. It had no place in the conversation.
Tuesday, March 28, 2017
DNC didn't allow FBI to examine servers for malware, used private firm issuing opinion it was Russian, other firms disagree
The Miami Herald has the story here.
Mark Levin's twisting of Mitch McConnell's statements about Obamacare repeal failure is as bad as MSM
Levin is proving to be as untrustworthy as the main stream media in reporting the news, as for example the source of the McConnell quotations provided below. But read the statements, and forget the commentary, whether The Hill's or Levin's.
McConnell isn't resigned to Obamacare staying in place forever as Levin implied on the radio tonight. McConnell is resigned to the recent failure to overturn Obamacare, that's all.
Of course the bill that failed is out of the question going forward.
McConnell, quoted in the story here, acting above it all and nonpartisan for public consumption, which is his job as Senate Majority Leader:
"[W]e have the existing law in place and I think we’re just going to have to see how that works out."
"We believe it will not work out well, but we’ll see. [Democrats] have an opportunity now to have the status quo go forward, regretfully," he added. ...
"I want to thank the president and the Speaker, they went all out to try to pass a repeal and replacement," McConnell said. "I’m sorry that didn’t work, but our Democratic friends now have the law that they wrote in place, and we’ll see how that works out."
Trump reverses Obama's Clean Power Plan, lifts ban on coal mining leases on federal lands
Another promise kept. Now if we could just get back all the income we lost because Obama deliberately did nothing about middle class jobs for eight years.
From the story here:
The Clean Power Plan required states to collectively cut carbon emissions [CO2] from power plants by 32 percent below 2005 levels by 2030.
Second night in a row, Mark Levin praises HR 3762 as a "clean repeal bill"
After trashing it as a sham last week.
That audio of Paul Ryan talking all tough about reintroducing the veteod HR 3762 after the 2016 election really impressed Mark Levin.
HR 3762 wasn't a clean repeal in the Senate's form passed by the House. It was veto bait, and political posturing.
Monday, March 27, 2017
Alabama's Mo Brooks introduces one sentence Obamacare Repeal Act
The Obamacare Repeal Act, here:
"Effective as of Dec. 31, 2017, the Patient Protection and Affordable Care Act is repealed, and the provisions of law amended or repealed by such Act are restored or revived as if such Act had not been enacted," the bill states.
Last week HR 3762 was a sham, now Mark Levin calls the Freedom Caucus standing for it heroes
Mark Levin obviously used the weekend to bone up on the legislative history.
Why weren't bills for Trump to sign lined up like planes on a runway on January 20th?
Glenn Reynolds wants to know, here.
Ted Poe quits House Freedom Caucus because it sees itself as the opposition party to the Republicans
Well there you go. It dawns on Ted that their self-identity is not Republican.
He's right. They see themselves as libertarians.
Here:
[T]he Freedom Caucus has always been the opposition caucus against the Democrats, and now that we are in the majority, it continues to be the opposition caucus.
Sunday, March 26, 2017
Jim Jordan blames House leadership for not beginning 2017 with HR 3762 from 2015
Quoted here:
Rep. Jim Jordan (R., Ohio), a member of the [House Freedom] caucus, also said that House Republican leaders were the ones who had moved the goal posts, not the caucus, when they decided against bringing up a bill that would simply have repealed the 2010 health law.
“You know when the goal posts were moved? When they didn’t start with the legislation we all voted for 15 months ago,” Mr. Jordan said on Fox.
Mick Mulvaney, charter member of House Freedom Caucus, is not too happy with it
Quoted here:
Mick Mulvaney, formerly a member of the Freedom Caucus and now Trump’s director of the Office of Management and Budget, denied any move against the speaker.
“Never once have I seen him blame Paul Ryan,” Mulvaney said on NBC’s Meet the Press. “The people who are to blame are the people who would not vote yes.”
Mulvaney was one of the leading officials lobbying House Republicans to pass the bill, which was pulled less than an hour before lawmakers were due to vote.
“We haven’t been able to change Washington in the first 65 days,” Mulvaney said. “I know the Freedom Caucus. I helped found it. I never thought it would come to this.”
Since 2012 Republicans have voted against the Bush tax cuts and against repeal of Obamacare
We have no representation.
Mark Meadows: Ousted Boehner, voted against the original HR 3762 in October 2015, leads House Freedom Caucus against Obamacare repeal in 2017
In view of the fact that Meadows was in the extreme minority in October 2015 voting with only six other Republicans against Obamacare repeal in the form of HR 3762, it was hypocritical of him to accuse John Boehner of bypassing the majority in the House in the summer of 2015 and filing the motion for him to vacate the chair. Meadows bypassed the majority in October.
Meadows only flipped his position on HR 3762 when it was revamped and hardened by the Senate to make a political point to the voters back home.
In other words, Meadows only supported the bill when it allowed him to hide behind the skirts of the Senate version which both they and he knew was designed merely to be vetoed:
[T]he Senate's version would have implemented a two year phase-out of Medicaid expansion and exchange subsidies.
The House agreed to the Senate's changes, so the final version of the bill included the Senate's modifications.
There were concerns in Congress – particularly among lawmakers from states that have expanded Medicaid – that repealing the law would result in millions of people losing their health insurance coverage. But Politico reported that "senators were reminded that the president would veto the repeal bill anyway, meaning Republicans could vote on the measure without having to deal with the political risks of actually making major changes to existing law."
But there are still 206 Republican members in the US House in 2017 who voted for the original, honest HR 3762 in October 2015, and who should do so again in 2017, if only someone (not Mark Meadows, and not Paul Ryan) would lead them there:
The House version of H.R. 3762 included repealing the individual mandate, the employer mandate, the medical device excise tax, and the "Cadillac tax" on expensive employee health insurance premiums.
It also included a measure to eliminate federal Medicaid funding for Planned Parenthood for one year. But it called for increasing funding for community health centers by $235 million/year for two years (a 6.5 percent increase over the currently scheduled funding).
Republicans used the budget reconciliation process to ensure that their bill could advance through the senate as long as it received a simple majority of at least 51 votes, instead of needing 60 votes. By using reconciliation, the measure was filibuster-proof, and advanced to a vote in the Senate.
Meadows only flipped his position on HR 3762 when it was revamped and hardened by the Senate to make a political point to the voters back home.
In other words, Meadows only supported the bill when it allowed him to hide behind the skirts of the Senate version which both they and he knew was designed merely to be vetoed:
[T]he Senate's version would have implemented a two year phase-out of Medicaid expansion and exchange subsidies.
The House agreed to the Senate's changes, so the final version of the bill included the Senate's modifications.
There were concerns in Congress – particularly among lawmakers from states that have expanded Medicaid – that repealing the law would result in millions of people losing their health insurance coverage. But Politico reported that "senators were reminded that the president would veto the repeal bill anyway, meaning Republicans could vote on the measure without having to deal with the political risks of actually making major changes to existing law."
But there are still 206 Republican members in the US House in 2017 who voted for the original, honest HR 3762 in October 2015, and who should do so again in 2017, if only someone (not Mark Meadows, and not Paul Ryan) would lead them there:
The House version of H.R. 3762 included repealing the individual mandate, the employer mandate, the medical device excise tax, and the "Cadillac tax" on expensive employee health insurance premiums.
It also included a measure to eliminate federal Medicaid funding for Planned Parenthood for one year. But it called for increasing funding for community health centers by $235 million/year for two years (a 6.5 percent increase over the currently scheduled funding).
Republicans used the budget reconciliation process to ensure that their bill could advance through the senate as long as it received a simple majority of at least 51 votes, instead of needing 60 votes. By using reconciliation, the measure was filibuster-proof, and advanced to a vote in the Senate.
Paul Ryan could have passed repeal easily, but deliberately crafted a bill that wouldn't pass
The 206 Republicans in the current House of Representatives named below voted for H.R. 3762 in October 2015, repealing Obamacare with the additional votes of 33 Republicans no longer there (Mulvaney, Pompeo, Price and Zinke resigned in 2017 to serve in Trump's administration--all voted for repeal in 2015). The bill passed the House 240-189-5.
More importantly the repeal bill passed the Senate as well, winding up on Obama's desk, where Obama promptly vetoed it.
Now we're supposed to believe Paul Ryan couldn't whip this vote again, and couldn't require repeal votes from the 28 freshmen just elected in 2016. All he needed was 216 votes. He had 206 in his pocket, 206 Republicans he could publicly and effectively intimidate if he needed to, and needed only 10 more from the freshman class.
How hard was that?
We can only conclude Paul Ryan and leadership deliberately didn't bring up that repeal bill again for a vote because they knew it would pass. They obviously didn't want repeal to pass. They crafted a different bill they knew the Republican caucus would reject.
Now it is Paul Ryan who must be rejected.
Abraham Aderholt Allen Amash Amodei Babin Barletta Barr Barton Bilirakis Bishop (MI) Bishop (UT) Black Blackburn Blum Bost Brady (TX) Brat Bridenstine Brooks (AL) Brooks (IN) Buchanan Bucshon Burgess Byrne Calvert Carter (GA) Carter (TX) Chabot Chaffetz Coffman Cole Collins (GA) Collins (NY) Comstock Conaway Cook Costello (PA) Cramer Crawford Culberson Curbelo (FL) Davis, Rodney Denham Dent DeSantis DesJarlais Diaz-Balart Donovan Duffy Duncan (SC) Duncan (TN) Emmer (MN) Farenthold Fitzpatrick Fleischmann Flores Fortenberry Foxx Franks (AZ) Frelinghuysen Garrett Gibbs Gohmert Goodlatte Gosar Gowdy Granger Graves (GA) Graves (LA) Graves (MO) | Griffith Grothman Guthrie Harper Harris Hartzler Hensarling Herrera Beutler Hice, Jody B. Hill Holding Hudson Huizenga (MI) Hultgren Hunter Hurd (TX) Issa Jenkins (KS) Jenkins (WV) Johnson (OH) Johnson, Sam Jordan Joyce Katko Kelly (MS) Kelly (PA) King (IA) King (NY) Kinzinger (IL) Knight Labrador LaHood LaMalfa Lamborn Lance Latta LoBiondo Long Loudermilk Love Lucas Luetkemeyer MacArthur Marchant Marino Massie McCarthy McCaul McClintock McHenry McKinley McMorris Rodgers McSally Meehan Messer Moolenaar Mooney (WV) Mullin Murphy (PA) Newhouse Noem Nunes Olson Palazzo Palmer Paulsen | Pearce Perry Pittenger Poe (TX) Poliquin Posey Ratcliffe Reed Reichert Renacci Rice (SC) Roby Roe (TN) Rogers (AL) Rogers (KY) Rohrabacher Rokita Rooney (FL) Ros-Lehtinen Roskam Ross Rothfus Rouzer Royce Russell Ryan (WI) Sanford Scalise Schweikert Scott, Austin Sensenbrenner Sessions Shimkus Shuster Simpson Smith (MO) Smith (NE) Smith (NJ) Smith (TX) Stefanik Stewart Stivers Thompson (PA) Thornberry Tiberi Tipton Trott Turner Upton Valadao Wagner Walberg Walden Walorski Walters, Mimi Weber (TX) Webster (FL) Wenstrup Westerman Williams Wilson (SC) Wittman Womack Woodall Yoder Yoho Young (AK) Young (IA) Zeldin |
Flashback January 1, 2013, 2257 hours: 151 House Republicans who voted against making the Bush tax cuts permanent
The roll call vote is here.
Adams Aderholt Akin Amash Amodei Austria Bachmann Bachus Bartlett Barton (TX) Berg Bilirakis Bishop (UT) Black Blackburn Bonner Boustany Brooks Broun (GA) Bucshon Burgess Campbell Canseco Cantor Capito Carter Cassidy Chabot Chaffetz Coffman (CO) Conaway Cravaack Crawford Culberson DesJarlais Duffy Duncan (SC) Duncan (TN) Ellmers Farenthold Fincher Flake Fleischmann Fleming Flores Forbes Foxx Franks (AZ) Gardner Garrett | Gibbs Gingrey (GA) Gohmert Goodlatte Gosar Gowdy Granger Graves (GA) Griffin (AR) Griffith (VA) Guinta Guthrie Hall Harper Harris Hartzler Hensarling Huelskamp Huizenga (MI) Hultgren Hunter Hurt Issa Jenkins Johnson, Sam Jones Jordan King (IA) Kingston Labrador Lamborn Landry Lankford Latham Long Lummis Mack Marchant Massie McCarthy (CA) McCaul McClintock McHenry McKinley Mica Miller (FL) Mulvaney Myrick Neugebauer Nugent Nunes | Nunnelee Olson Palazzo Paulsen Pearce Pence Petri Poe (TX) Pompeo Posey Price (GA) Quayle Rehberg Renacci Rigell Rivera Roby Roe (TN) Rogers (AL) Rohrabacher Rokita Rooney Roskam Ross (FL) Scalise Schilling Schmidt Schweikert Scott (SC) Scott, Austin Sensenbrenner Smith (NE) Southerland Stearns Stutzman Terry Tipton Turner (OH) Walberg Walsh (IL) Webster West Westmoreland Whitfield Wilson (SC) Wittman Wolf Woodall Yoder Young (IN) |
Flashback January 1, 2013, 0159 hours: Senate Republicans who voted against making the Bush tax cuts permanent
From the roll call vote (89-8-3) here:
Grassley of Iowa, Lee of Utah, Paul of Kentucky, Rubio of Florida, Shelby of Alabama.
Demented Jim of South Carolina didn't vote, and neither did Mark Kirk of Illinois (stroke victim).
Democrats still controlled the Senate at the time, the close of the 112th Congress, 53-47. Their caucus power increased by 2 in the 113th Congress.
Saturday, March 25, 2017
Real GDP forecast for 1Q2017 from the Atlanta Fed: 1.0%
Watch how fast that great Obama economy becomes Trump's awful economy.
Friday, March 24, 2017
We don't need no stinkin' new bill: Obamacare repeal H.R. 3762 passed the Senate on Dec. 3, 2015 52-47
The roll call vote is here.
Senate Republicans passed the repeal of Obamacare despite two defections, from liberal Republicans Susan Collins of Maine and Mark Kirk of Illinois.
Pass H.R. 3762 again and dare Trump to veto it.
House Freedom Caucus' Meadows was one of just 7 Republicans to vote against the 2015 Obamacare repeal
Meadow's leadership against the current repeal bill, which is in fact a crummier bill, obscures his isolation previously.
The roll call vote is here. Buck, Dold, Hanna, Jones, Meadows, Salmon, and Walker voted No. The majority of the Freedom Caucus voted for the bill, including leaders like Justin Amash and Jim Jordan.
Unlike Meadows, Americans for Tax Reform here also supported the bill at the time, as did the broader Republican Caucus in the House (it passed 240-189). ATR acknowledged the difficulty of repealing Obamacare's policy provisions without 60 votes in the Senate, which remains the problem now in 2017.
Jim Jordan is right. Repass H.R. 3762 and send it to Trump.
From ATR:
H.R. 3762 repeals most of the heart of Obamacare. The individual and employer mandates and their attendant tax penalties are gone. The medical device tax is repealed. The “Cadillac plan” excise tax is prevented from coming into effect (more on that later).
On the spending side, H.R. 3762 repeals some unaccountable Obamacare slush funds, shutters IPAB (the Medicare rationing board that Sarah Palin called a “death panel”), and ends Obamacare auto-enrollment. Importantly, it also defunds Planned Parenthood for the fiscal year.
At a markup for the bill, liberal Congressmen went apoplectic at the effect H.R. 3762 would have on Obamacare. Top House Ways and Means Democrat Sandy Levin (D-Mich.) said that the bill ”effectively guts [Obamacare].” Congressman John Lewis (D-Ga.) said, “this bill really is pulling the legs from under [Obamacare]. It is a deliberate, systematic attempt, not just to repeal, but to destroy [Obamacare].” ...
When the Republicans took the Senate in the 2014 elections, there was a lot of talk about moving bills from Capitol Hill to the President’s desk to force showdowns with the White House. That hasn’t happened, largely because Senator Harry Reid (D-Nev.) has bottled up the Senate in 60 vote purgatory.
The one area he cannot do that is on a privileged budget reconciliation bill like H.R. 3762.
The Wall Street Journal lies: No alternative to AHCA could pass the House and Senate
Here:
No one has offered a better policy alternative to the American Health Care Act that could pass the House and Senate.
Lies! The 2015 repeal bill already passed both the House and the Senate and Obama vetoed it in early 2016.
Republicans knew Obama would veto it, so nothing was really at stake for them at the time.
But now that there is, they won't send that bill to Trump, either because they're afraid Trump might sign it, or because they're afraid he'll veto it too. Instead they've crafted a bill they know can't pass the Congress.
What a contemptible lot are the Republicans, the Democrats, both presidents Obama and Trump, and The Wall Street Journal.
And your mother wears Army boots.
Thursday, March 23, 2017
If the Republicans had any balls they'd send the 2015 repeal bill which Obama vetoed to Trump and make him veto it
Jim Jordan of Ohio supports this.
Trump turns tables on Republican Congress, demands vote on healthcare bill that won't pass
Scorched earth politics, making the Republicans humiliate themselves.
In other words, "You're fired!"
From the story here:
Rep. Tom Cole, R-Oklahoma, a member of the whip team, said he believed Trump's ultimatum is "credible" and predicted the bill's passage during Friday's vote.
Mickey Kaus had the House Freedom Caucus figured out in 2015: Preeners, and open-borders lunatics just like Paul Ryan
Aka libertarians. You know, that motley crue 100 of which in the same room can never all agree about any one thing of importance.
Here.
AP finally runs story detailing Treasury's leadership of Trump-Russia investigation
Gee, how does the Treasury Dept. "collect a vast repository of records" in order to "piece money trails together and identify leads for criminal investigators", huh?
You don't suppose they ever wiretap anybody, do you?
Here:
U.S. Treasury Department agents have recently obtained information about offshore financial transactions involving President Donald Trump's former campaign chairman, Paul Manafort, as part of a federal anti-corruption probe into his work in Eastern Europe, The Associated Press has learned.
Information about Manafort's transactions was turned over earlier this year to U.S. agents working in the Treasury Department's Financial Crimes Enforcement Network by investigators in Cyprus at the U.S. agency's request, a person familiar with the case said, speaking on condition of anonymity because the person was not authorized to publicly discuss a criminal investigation. ...
Manafort, who was Trump's unpaid campaign chairman from March until August last year, has been a leading focus of the U.S. government's investigation into whether Trump associates coordinated with Moscow to meddle in the 2016 campaign. This week, the AP revealed his secret work for a Russian billionaire to advance the interests of Russian President Vladimir Putin a decade ago. ...
The Financial Crimes Enforcement Network, known as FinCEN, was established in 1990 and became a Treasury Department bureau soon after the Sept. 11, 2001, terror attacks. It collects a vast repository of records that financial institutions are required to report under the Bank Secrecy Act, such as suspicious activity reports and currency transaction reports, and assists law enforcement agencies in helping analyze complex data.
The agency is a part of an international network of so-called financial intelligence units that share information with each other in money laundering and terrorism financing investigations. Its work has been critical in helping officials piece money trails together and identify leads for criminal investigators.
Wednesday, March 22, 2017
Like Michael Savage, Scott Adams has succeeded despite anti-white racism
From the story here:
At both the bank and the phone company, Adams has said, his professional advancement was thwarted by diversity hires. “There was no hope for another generic white male to get promoted any time soon,” he wrote in Dilbert 2.0: 20 Years of Dilbert. (Later in the book, he noted that his Dilbert TV show was canceled after “the network made a strategic decision to focus on shows with African-American actors.”)
Tea Party Patriots' Jenny Beth Martin just robocalled me to ask me to tell my congressman I support his opposition to Ryan Care
Did that already.
The full-court-press is on to stop this bill.
Tuesday, March 21, 2017
Republicans don't have the votes for Ryan's Obamacare-Lite bill, so . . .
. . . if Ryan allows the bill to come to the floor for a vote and it fails, you'll know Ryan did that to embarrass Trump. It's fully within Ryan's power to whip the vote and to discover the bad news ahead of time to keep the bill from coming to a vote to prevent embarrassing Trump.
Consider how Ryan has been promoting Trump's negotiating skills in this affair in the build up to the vote in the meantime, how involved Trump is, how Trump is closing the deal according to Ryan. Suddenly Ryan is Trump's greatest advocate anywhere on Capitol Hill!
And when the bill fails, Trump doesn't look so hot, does he. The vaunted deal-maker is brought down a few notches. And Ryan blames the conservatives, achieving two objectives in one stroke. Trump is humiliated, and conservatives become even more marginalized.
Ryan is Trump's enemy, not his friend. Ryan is our enemy.
If all that happens, watch out.
It will be war.
Monday, March 20, 2017
American Action Network is a Fred Malek-Norm Coleman operation
Doug Holtz-Eakin of John McCain Campaign infamy runs the sister organization.
Moderates all!
Don't listen to American Action Network phone calls, they advocate passage of the Ryan Obamacare Lite bill
American Action Network is targeting 29 or 30 congressional districts where Freedom Caucus members oppose the Ryan Obamacare Lite bill.
I just got the call today, asking me to tell Rep. Justin Amash to vote for this repeal and replace bill.
Ain't gonna do it.
We want a clean repeal bill, not Ryan's repeal and replace.
For a change I agree with Justin Amash.
Trump and his advisers know all about the intelligence Obama gathered on them and leaked like water
The New York Times, March 1st, here:
In the Obama administration’s last days, some White House officials scrambled to spread information about Russian efforts to undermine the presidential election — and about possible contacts between associates of President-elect Donald J. Trump and Russians — across the government. ...
American allies, including the British and the Dutch, had provided information ... classified intelligence.
Separately, American intelligence agencies had intercepted communications of Russian officials, some of them within the Kremlin, discussing contacts with Trump associates. ...
Obama White House officials grew convinced that the intelligence was damning and that they needed to ensure that as many people as possible inside government could see it, even if people without security clearances could not. Some officials began asking specific questions at intelligence briefings, knowing the answers would be archived and could be easily unearthed by investigators . . ..
At intelligence agencies, there was a push to process as much raw intelligence as possible into analyses, and to keep the reports at a relatively low classification level to ensure as wide a readership as possible across the government — and, in some cases, among European allies. This allowed the upload of as much intelligence as possible to Intellipedia, a secret wiki used by American analysts to share information.
There was also an effort to pass reports and other sensitive materials to Congress. ...
... [W]ith the most sensitive intelligence, including the names of sources and the identities of foreigners who were regularly monitored . . . [o]fficials tightened the already small number of people who could access that information. They knew the information could not be kept from the new president or his top advisers, but wanted to narrow the number of people who might see the information, officials said. ...
On Jan. 2, administration officials learned that Mr. Kislyak — after leaving the State Department meeting — called Mr. Flynn, and that the two talked multiple times in the 36 hours that followed. American intelligence agencies routinely wiretap the phones of Russian diplomats, and transcripts of the calls showed . . ..
Pew: 23 states still struggle with less revenue than in 2007
From the summary here:
Twenty-three states still collect less tax revenue than at their recession-era peaks, after adjusting for inflation, and most have a thinner financial cushion than they did before the last downturn. In addition, 18 states’ employment rates still trail 2007 levels.
Economic reality: Budgets in 33 states face shortfalls now or next year, some from Obamacare-related Medicaid costs
From the story here:
A recent Associated Press survey found that more than half of the states — 33 — are currently dealing with a budget shortfall or expect to confront one in the coming fiscal year. Experts say state economic growth has been slower than expected, with revenue in some places failing to meet projections or keep up with rising spending needs. ... Medicaid costs are contributing to budget gaps in Massachusetts, Maryland, Mississippi, New York and Rhode Island. Other states are dealing with increasing spending demands in education and health care.
Muslim attacker at Orly Airport is a dead hypocrite
Notice how quickly the French get the toxicology report finished, here:
Yelling that he wanted to kill and die for Allah, according to the Paris prosecutor, Ziyed Ben Belgacem can be seeing trying to wrestle away the soldier's assault rifle near the small cluster of people. ...
Earlier Saturday, a police officer was shot in the face with birdshot when officers stopped Belgacem for a traffic violation.
Authorities say Belgacem, a 39-year-old Frenchman, had a long criminal record of drug and robbery offenses.
Autopsy toxicology tests found traces of cocaine and cannabis in Belgacem's blood, according to the Paris prosecutors' office. He also had 0.93 grams of alcohol per liter of blood when he died Saturday, the prosecutors' office said. That is nearly twice the legal limit for driving in France.
In an interview Sunday with French radio Europe 1, a man identified as the suspect's father said that Belgacem wasn't a practicing Muslim and drank alcohol.
James Comey couldn't find any information to support "Obama had my 'wires tapped' in Trump Tower"
Yeah, that's because the FBI didn't do it. Plausible deniability.
Congress should subpoena Jack Lew.
We told you in October 2012 that the income tax makes big government POSSIBLE
Here:
As an invention of progressivism the income tax eventually worked a revolution in government by allowing government to grow to gargantuan size with a ready pool of available cash, stolen by force from the population's income. And it is no coincidence that the first major expenditure financed by the income tax was US entry into The Great War. Not long after which came The Great Depression. If progressive ideas were good ones, no one seems to have paid much heed to the early evidence to the contrary.
Every effort by the people since the introduction of the income tax to obtain deductions, exemptions, credits and other incentives in the tax code should be understood by conservatives as wholesome reactionary, counter-revolutionary, rear-guard opposition to what the income tax represents, but today you can hardly find a conservative who will even entertain the idea of overthrowing the income tax, let alone any other of the so-called "achievements" of the progressive era. In fact, some so-called conservatives have become veritable cheerleaders for the income tax. Rush Limbaugh, for one, can't seem even to imagine an America without one for the first 137 years of its existence. An originalist in name only is he.
The problem with so-called Reagan conservatism, then and now, is that it makes peace with the tax code, just as it does with the social welfare state, including Social Security and especially Medicare. Mitt Romney and Paul Ryan actually campaign on just such a platform of preserving Medicare for future generations. As Reagan compromised in the direction of liberalism in the 1986 tax reform, so will they.
Brian Domitrovic and Larry Kudlow aren't the first to tell you the income tax made big government possible
Their book, JFK and the Reagan Revolution, released in September 2016, makes the point well, as does this article in Forbes:
And sure enough, with the income tax presenting itself as patriotically taxing the rich—at times with utterly fictional 91 and 94% top rates, from the 1940s until the 1960s, as Larry Kudlow and I marvel at in our recent book, JFK and the Reagan Revolution—government was able to grow where government under the tariff could not. The income tax supervised the rise of the federal government to well over a fifth of national output—from 3% during the era of the tariff. ... The dishonesty at the heart of the income tax was the key that unlocked the financing of big government, by the little guy no less.
We've been making the same point, more or less, since at least 2011, and especially in March 2016 here:
[Mark Levin's] tariff rant this evening ignores that the America of his precious founders was a tariff regime until the dreaded income tax of 1913.
The America of the founders was also a limited government for that reason until that very day.
But open wide the avenue for revenue, and you open the maw of the Leviathan and crawl into it.
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Sunday, March 19, 2017
Maureen Dowd, upper-class bunko artist
Maureen Dowd, the ever clever mistress of written fraud, makes it appear as if Nunes says Trump must be taken literally as commander in chief, but makes sure not to quote him saying as much:
Even Devin Nunes, chairman of the House Intelligence Committee, gave up the Sisyphean effort of defending Trump’s tripe. He said that if you took Trump’s remarks “literally” — as we expect to do with our commander in chief’s words — “clearly the president was wrong.”
The fundamentalism is all hers.
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Fundamentalist Maureen Dowd calls her own newspaper's claim of Trump wiretaps "unhinged" from which the Times hasn't backed off since publishing it
Here:
For two weeks, [Trump] has refused to back off his unhinged claim that his predecessor tapped his phones during the election. ... Even Devin Nunes, chairman of the House Intelligence Committee, gave up the Sisyphean effort of defending Trump’s tripe. He said that if you took Trump’s remarks “literally” — as we expect to do with our commander in chief’s words — “clearly the president was wrong.”
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