Category Archives: Congress

Ayn Rand would rap Ryan’s knuckles

Posted on August 7, 2011 by oddmanout215

Paul Ryan has always insisted on “revenue neutral” tax reform, but now that congressional Dems have been trounced, he’s singing a slightly different tune. The Wisconsin wing-nut said today he’d

Posted in Congress, Great Depression, Great Recession, mainstream media, Politics, taxes, The New Depression, Uncategorized, unemployment | Tagged , , , , | 1 Comment

What if the passion was never there?

Posted on August 7, 2011 by oddmanout215

Obama blew it. That’s the point of a long piece in today’s NYT by an exasperated academic who has stopped pretending Obama is the second coming of Martin Luther King: …[King] preached the gospel of nonviolence, but he knew that … Continue reading →

Posted in Congress, Great Depression, Great Recession, mainstream media, New York Times, Obama, Politics, taxes, The New Depression, unemployment, Wall Street | Tagged , , , , , | 1 Comment

Panetta sounds like Strangelove

Posted on August 7, 2011 by oddmanout215

Ignore the jobless, kick people out of their homes, starve the kids. These consequences are grim but acceptable. The one thing we cannot afford, you slimy Congresspeople, is to cut the Defense budget. Doing so might set off a “doomsday … Continue reading →

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‘Goons of August’ usher in new era

Posted on August 6, 2011 by oddmanout215

Nobody’s shooting yet, but I’ll bet Barbara Tuchman would appreciate Robert Kuttner’s headline. Kuttner does a good job summarizing Democratic stupidity regarding the debt deal, and of explaining why our government, in its current form, is in worse shape than … Continue reading →

Posted in Congress, economic collapse, Great Recession, Obama, Politics, taxes, The New Depression, unemployment, Wall Street, world-wide economy | Tagged , , , , , | 1 Comment

Onion’s birthday joke, with an edge

Posted on August 4, 2011 by oddmanout215

The Onion’s Obama birthday joke was satire, but only in the lamest sense of the word: After months of heated negotiations and failed attempts to achieve any kind of consensus, President Obama turned 50 years old Thursday, drawing strong criticism … Continue reading →

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Obama calls OUR bluff, not GOP’s

Posted on August 1, 2011 by oddmanout215

For months Obama loyalists at places like Daily Kos have argued against the evidence of their own senses. They insisted critics were wrong to call the president weak and rudderless. They remained confident Obama would stop caving and call the … Continue reading →

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Media’s ‘cult of balance’ drags it to the right

Posted on July 27, 2011 by oddmanout215

Interesting blog yesterday by Paul Krugman, edgier than most of his op-ed columns, sparked by his gloomy conclusion that “the cult of balance, of centrism” is hurting the country more than the cult of right-wing loonies pushing for default on … Continue reading →

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Groveler-in-chief can’t cut deal on debt

Posted on July 26, 2011 by oddmanout215

Last night I listened to Barack Obama beg right-wing fanatics to accept his proposed solution to the debt ceiling standoff. He may as well have said, “Come on guys, I’m giving away the store plus all the land around the … Continue reading →

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A new corporate tax holiday would shock even cynics

Posted on July 22, 2011 by oddmanout215

Remember the disastrous “tax holiday” Congress granted mega-corporations such as Apple and GE in 2004? The idea was to allow corporations to bring home huge profits they’d stashed overseas, in the hope they might use the money to create jobs. … Continue reading →

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Sound and fury, signifying status quo

Posted on July 15, 2011 by oddmanout215

Joseph Stiglitz, a few months ago in Vanity Fair: The more divided a society becomes in terms of wealth, the more reluctant the wealthy become to spend money on common needs. The rich don’t need to rely on government for … Continue reading →

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