I did get an answer but never posted it. So here it is:
Pop O Pies – Facists eat donuts
I did get an answer but never posted it. So here it is:
Pop O Pies – Facists eat donuts
So there’s a “bipartisan deal” on infrastructure that cuts out much of the original infrastructure plan, which was supposed to be urgently needed for the country. They say it can’t pass without an accompanying guarantee of a Reconciliation bill to pass the rest of what was proposed.
So in other words, we’ll get the entire original proposal (or maybe nothing) through reconciliation except months later than we would have if we had just passed it using Reconciliation in the first place, but leaving little time for much of the rest of Biden’s agenda, never mind all the bills the House has been passing.
This “deal” is because Biden, who was going to convince Republicans to work with him, couldn’t convince Democrats like Manchin to work with him. And Biden caved on taxing the rich.
Also you have to “pay for” something that will bring us trillions in future economic gains? But one way they are going to “pay for” it is by selling public infrastructure to private interests who can then charge US a fee to use OUR infrastructure.
PS For those who mistakenly think the US govt “borrows,” the interest rate is close to below zero when inflation is added in, so we actually “make money” if we “borrow.” But we absolutely can’t issue T-Bills to “pay for” the infrastructure that will bring us trillions of benefit.
PSS The US govt MAKES dollars. It doesn’t borrow them. It also chooses to sell T-Bills, for different reasons.
PASS Also, Republicans can now take credit for the infrastructure spending the public wants, even after cutting it by 2/3. Or is that 3/4?
I was thinking about the emotional desire for normal times we see in so many of our elites. It’s dangerous right now. It leads to a blindness about what is really happening.
A lot of our Dem Representatives want to legislate, going through all the motions of passing bills even though pretty much nothing that passed the House has gotten through the Senate since Obama was elected. And they demand austerity even though austerity breeds fascism. People in the media cover the horse race as if several states aren’t going to overturn election results when Dems win.
I want to see my Representative recognize what is going on and put her body in front of the Senate Chamber doors to make a point to the public. Instead she attends mark-ups, and holds town halls to talk about the bills the House is passing. I want to see the media cover the (international) fascist movement as a fascist movement.
I think that people who write about/are in politics, etc these days should look at what they are saying and doing and ask themselves, “How would this look if I were writing/doing it in pre-WWII Germany?”
Looking at pre-war Germany, who do we remember?
I used to give a Blog Hero Award. Now “Atrios” has written one of the best blog posts ever so I’m reviving the award.
Atrios is hereby awarded a coveted (and rare) Blog Hero Award for his post, The Sensibles:
Start with a proposal that does 80% of the job, whittle it down to 60% to make it cheaper just because, cut that in half to please Republicans who won’t vote for it anyway, throw in some additional complication and means testing to please random “moderate” Democrats, and you’re left with something that is complicated and confusing that you’re unable (or justifiably unwilling) to take credit for. Then spend another 3 months “debating” it just to give time for people all over the spectrum to point out why it’s shit.
This is what the supposedly sensible, moderate, grown up politicians do. Then they can blame The Left because twitter user TrotskyChavez420 tweeted, “fuck the pigs.”
The Carter admin was a short interim between bad and much worse, and enabled the much worse to get into power. I am fearing Biden is failing to see the urgency of the moment, thereby enabling the very worst.
Previously I was surprised and enthusiastic about how the Biden admin started out. Big programs, etc. Lately not so much. The guy who promised he could work with Republicans can’t even get Democratic senators to support democracy.
I do not see administrative efforts to uphold democracy. Democracy requires accountability. No one has been held accountable for anything from the prior admin. Example: Trump was a co-conspirator in a case that put his lawyer Cohen in jail. That indictment could have come the minute he was not in office. So far, nothing. Never mind the obstruction of justice outlined in the Mueller Report.
It is looking like Biden has backed off several very important policies. Not cancelling student debt, not giving climate the urgency required. This is not just bad coverage, these are things he could just do himself and hasn’t. (Carter took on the oil companies and spoke to the public about the energy crisis all the time.)
Also, politically, the admin is not effectively getting the word out to the public about the good things they have already done.
There is a serious clock ticking. At any moment a Dem senator could fall ill or worse, Republicans gain the majority, and that is the end of the last hope. But they’re letting Republicans “negotiate” to run that clock out.
So much is at stake. So much. I’d like to see some things happen that make me less pessimistic: Indict Trump on that charge Cohen went to jail for. Or for obstruction. Tell the public about the good things that have been done for them so far in the Biden admin. Put the hammer on Dem senators who are risking killing the Biden presidency and democracy — they might be playing out a strategy but the Senate is one vacancy away from Republican control. Stop the ridiculous “negotiating” with Lucy as she runs out the clock before pulling away the football. Give speeches about the urgency of the climate crisis. Get the Justice Dept moving.
Arkansas really wanted someone dead, their supply of death drugs was running out.
I was hiking in Muir Woods this week, ran into a guy with an Innocence Project t-shirt. They do great, important work. Send them money here.
Then today I read a story about Ledell Lee and how the Innocence Project tried to save him.
In 1993 Debra Reese, 26, was murdered in Jacksonville, Ark. Ledell Lee was accused. But there were problems. Lee was prosecuted but the jury hung. Then, a few days after OJ Simpson was found not guilty and white people were pissed off, Lee was prosecuted again. The judge was having an affair with the prosecutor and later married her. Fingerprints at the scene did not match Lee. Lee did not have good representation. Etc. Etc.
Lee was convicted and sentenced to death.
I mean it as a question. How do you argue with this?
From a trumper I know:
Your friends seem to have all of this “information” at their fingertips, don’t they. So what! What is that information but leftist tropes designed to influence the masses and to gain power. They seize the territory of common belief, speaking earliest, loudest and most often. They employ a sprinkling of objective facts that may be easily confirmed, well-mixed with a carefully groomed, generous selection of friendly inventions that cannot. They tell a story calculated to most tickle sordid fancy and to invoke emotion, conclusion, and judgment. They leave no uncomfortable loose ends that encourage open-ended thought or provisional conclusion – the result of such is entirely unpredictable. They do these things so that they will be nearly impossible to contradict no matter how outrageous, grand, or comprehensive their departure from the truth. And they do this for what…a feeling of accomplishment…perhaps to be part of the regime, once the grand revolution has been accomplished?
… Frankly, most people don’t have the time to respond to each and every misdeed, lie or slanderous canard put out by the press, the left or you and your friends. You and they, on the other hand, seem to have unlimited time to wear down and slander the opposition. Again, what is your end game? On second thought, I already know and won’t waste my time with the bark, bark, barking of the dogs of war. I have learned the futility of speaking civilly and factually with you and the others.
Disproving their nonsense proves there is a conspiracy to manipulate information, leading to the “grand revolution.”
Literally, how do you argue with this?
Quick summary: Wall Street was bundling mortgages into “bonds” with a good interest rate. The money was made on selling these bonds, called Collateralized Debt Obligations (CDO). When a bank makes money from the loans themselves they look carefully at how risky the loans are. But when a bank makes money from passing along as many loans as they can to someone else they don’t care how risky the loans are, they only care how many they can pass along.
So Wall Street was doing everything it could to give as many loans to people as possible, no matter how risky. The knew it was risky, but didn’t tell the customers for those loans. They told the customers there was very little risk. This is known as fraud.
Those fraudsters made many, many billions from this scheme. The entire economy blew up. No one was held accountable for what happened. No one.
When you let people make billions from fraud and not hold anyone – anyone – accountable, guess what happens. They do it again. They call it a business model.
When the tide goes out that you learn who’s been swimming naked
Commercial real estate is office buildings, retail, etc. This is an industry that lives on loans.
Do you think office buildings are worth what they were worth before COVID? Do you think that financial institutions learned their lesson from the 2008 crash, when no one was held accountable?
Take a look at this, from The Intercept, THE BIGGER SHORT:
A longtime industry analyst has uncovered creative accounting on a startling scale in the commercial real estate market, in ways similar to the “liar loans” handed out during the mid-2000s for residential real estate, according to financial records examined by the analyst and reviewed by The Intercept.
… This time, the issue is not a bubble in the housing market, but apparent widespread inflation of the value of commercial businesses, on which loans are based.
Now it may be happening again — this time not with residential mortgage-backed securities, based on loans for homes, but commercial mortgage-backed securities, or CMBS, based on loans for businesses. And this industrywide scheme is colliding with a collapse of the commercial real estate market amid the pandemic, which has business tenants across the country unable to make their payments.
Overstating borrower income, inflation of past financials, misstated financial fundamentals … and selling bundles of loans to pension funds, etc, to offload the risk. Just like 2008.
Read THE BIGGER SHORT, it’s all there. Trump’s real estate practices are mentioned, too.
Also, you can listen to the story on the Deconstructed podcast, THE WHISTLEBLOWER TRYING TO STOP THE NEXT FINANCIAL CRISIS
“A song by Anne Feeney dedicated to all activists who have been arrested while they were fighting for justice, and especially to: the Haymarket Martyrs, Dr. King, George Carlin, Mumia Abu-Jamal, Carlos from Genoa, all who have been arrested in the Battle of Seattle, Cindy Sheehan, the Belgrade 6, all who have been arrested in the Greek riots and many others.”
More shootings, nothing happens. Decades of shootings nothing happens. Millions of guns on our streets is hundreds of millions of gun manufacturer corporate profit and we all know that is why nothing happens. (Same for climate, healthcare, tobacco, you name it. It is blatant corruption and we all know it.)
I am just so sick of this. The public has been begging the Congress to do something about this for so long. Begging. Children in schools have to do “active shooter drills.” I had to do “duck and cover” nuclear war drills and it was traumatizing, imagine children doing these drills and then hearing about school after school being shot up. The adult public also lives with fear of being in a mass shooting.
41 Republican senators represent 21% of the public. The filibuster blocked anything from happening and Dems would not end the filibuster. That is the definition of “complicit.” Dems who allowed the filibuster to continue before this are complicit in this week’s shootings. Any Dems still allowing this to continue are complicit in every future shooting.
Right now we have fascists walking the streets with assault weapons openly displayed. That is fucking terrifying.
The Democrats have a sinister plan. They are going to trick people into voting for them by doing things to make their lives better.
They plan to use the people’s government to bribe the voters. They are strategically scheming to allocate government resources to deliver things like safety from the Covid-19 virus, health care, education, even modernized infrastructure. They plan to address problem like the climate crisis, racial injustice, even inequality, They will pass laws preventing companies from polluting, committing fraud and other things that companies have been allowed to do for so long! This hijacking of the government by Democrats for their own purposes could mean voters reward them by allowing them to do even more for them.
However the good Republicans also have a plan. To prevent the seizure of the government away from the corporations, they are passing laws to stop the voters from being able to reward the Democrats for their bribery schemes. They are gallantly making sure that it is very, very difficult for the bribed voters to get to polling places – of course prohibiting the ease of voting by mail – and if they get to voting places they will face all kinds of rules designed to keep the from the voting booths themselves.
In case voters actually do make it to the voting booths to cast votes, the districts are carefully drawn in ways that Democrat votes are concentrated into a very few districts, while the majority of districts remain under Republican control, no matter how the statewide vote turns out.
So be aware of this sinister plan by Democrats to bribe voters by making their lives better. Do not let them get away with it.