Daily Archives: July 27, 2012


Elizabeth Warren: Let’s Go To Work

In this ad, Elizabeth Warren asks some very good questions.


We’ve got bridges and roads in need of repair and thousands of people in need of work. Why aren’t we rebuilding America? Our competitors are putting people to work, building a future. China invests 9% of its GDP in infrastructure. America? We’re at just 2.4%. We can do better. We can build a foundation for a strong new economy and get people in MA to work right now. I’m Elizabeth Warren and I approve this message. Let’s go to work.



Why Won’t Mitt Romney Root For His Wife’s Dumb Horse?

Why do we have to go to the Wonkette web site to learn about this story, Why Won’t Mitt Romney Root For His Wife’s Dumb Horse?

But you’d think that he’d at least take some time out of hating the 2012 Olympics in general to show a little love for America’s greatest Olympian! We’re of course talking about Rafalca, the dressage horse partly owned by Mitt’s wife Ann. Why is he pretending that he hasn’t spent long evenings out in the stables, feeding Rafalca carrots and pouring out his soul?

You’d think that a reputable newspaper such as The Boston Globe would be all over this story considering some of the other stories that they think are important.


Why The Bush Tax Cut Vote Was So Important

Brian Beutler on Talking Points Memo has a nice analysis, Why The Bush Tax Cut Vote Was So Important.

He concludes with the following paragraph:

Now I don’t think the public hew and cry will be loud enough to force Republicans to move off their position before the election. Maybe if this were another issue — but not taxes. And if Mitt Romney wins in November, then they’ll just extend all the Bush tax cuts anyhow. But if Obama wins, this bill will still be live. And the pressure on the House GOP to relent and pass it during the lame duck will be overwhelming.

He might add that the likelihood of Obama’s reelection may have increased because of this vote and what the campaign will make of it.  The sudden display of a spine might also enliven the President’s supporters.  It certainly looks encouraging to me.

I was once under the impression that if the Republicans ran a reasonable candidate against Obama, that Obama had a chance of losing.   Now that we know that Romney can’t (and sometimes doesn’t even try) to hide who he really is and what he really stands for, I think Obama’s chances are improving.


The LIBOR Fraud

The Real News has what is now a four part series on The LIBOR Fraud.

Part 1 of the series is Baltimore, Big Banks and a Criminal Conspiracy, an interview with William Black the author of The Best Way To Rob  A Bank Is To Own One.


This LIBOR fraud is a little complicated so it might help you get a handle on all the news stories you will see if you hear this explanation from an expert.


In some ways, Part 2, Will Obama Admin. Prosecute the Big Banks for LIBOR Manipulation?, an interview with Michael Greenberger is even more damaging.


I have not had a chance to view parts 3 and 4 yet.