Dec 21st, 2011
First, a startlingly hostile reaction from the editorial board of the Wall Street Journal:
"GOP Senate leader Mitch McConnell famously said a year ago that his main task in the 112th Congress was to make sure that President Obama would not be re-elected. Given how he and House Speaker John Boehner have handled the payroll tax debate, we wonder if they might end up re-electing the President before the 2012 campaign even begins in earnest."
AP reports:
"Some say they’ll spend less on groceries. Others expect to cut back on travel. For many, there would be fewer meals out.
Across the country, Americans are bracing for another financial hardship: smaller paychecks starting in January, if Congress doesn’t break a deadlock and renew a Social Security tax cut."
Sullivan observes:
"The House Republicans have now all but guaranteed that taxes will go up on middle-class Americans because of what they themselves have called "high stakes poker." And this moment may as well sum up why Americans despise this Congress as deeply as they do:"
"Yep, he is literally walking away - giving Hoyer a perfect moment for the rhetorical slam-dunk.
For the GOP to vote down sustaining a tax cut - after a huge majority in the Senate and president had both signed off - and to stalk off into the Christmas vacation leaving a struggling workforce in the lurch ... well, it's a novel form of politicking, don't you think? I understand why this two-month extension is a joke, but again, that simply reveals the poker game attitude of the House GOP, refusing to do what they wouldn't even think twice about of a Republican president asked. They hate Obama so much they are willing to raise taxes! Think how deep the derangement must then go."
Perhaps the DNC should start paying the GOP for their assistance in the President's re-election.
Marin Cogan paints a picture of the GOP Freshmen as suffering from what I would describe as 'Mr. Smith Syndrome:'
"You could be forgiven for thinking that, with 10 days left before a middle class tax increase, the House GOP freshmen would be starting to sweat the political implications this game of chicken over the payroll tax holiday.
But you’d be wrong.
As they have for so many of the major legislative battles of the year, the freshmen framed the showdown with the Senate as a time to fight on principle, a prime example of why they were sent to Washington in the first place—the D.C. establishment be damned if they don’t see it similarly."
Along with 160 million citizens.
Showing posts with label Wall Street Journal. Show all posts
Showing posts with label Wall Street Journal. Show all posts
Wednesday, December 21, 2011
Friday, July 29, 2011
The WSJ Pulls A Fast One
July 29th, 2011
That the Wall Street Journal has for years been just to the right of any other "respectable" newspaper in America has long been known. There has never been a Cato or Heritage pronouncement, no matter how absurd or ultimately proved wrong by the uncooperative nature of reality, which was not at first promoted in their editorial pages as very nearly the latest burning bush. As we head toward what looks like the GOP sabotage of America's good credit, former WSJ writer and recovering radical David Frum noted that they published an all time whopper yesterday.
"The strict demands of the paper’s ideology do not always lie smoothly over the rocky outcroppings of reality. It can take considerable skill to match the two together.
In that regard, this morning’s lead editorial about the debt-ceiling crisis is a true masterpiece.
If you were to write a story about government debt, you’d probably be inclined to write about the two sets of government decisions that produce deficits or surpluses: decisions about expenditure and decisions about revenue. You’d want to do that not only as a matter of fairness, but also as a matter of math.
And that’s why, my friend, you would wash out as a WSJ editorialist. They wrote this editorial without any reference to revenues whatsoever. Boom! Gone! Don’t deny reality. Defy reality."
Click HERE to read further as Frum lays out the shockingly dishonest steps the WSJ employed to lay blame for the debt where it doesn't belong.
That the Wall Street Journal has for years been just to the right of any other "respectable" newspaper in America has long been known. There has never been a Cato or Heritage pronouncement, no matter how absurd or ultimately proved wrong by the uncooperative nature of reality, which was not at first promoted in their editorial pages as very nearly the latest burning bush. As we head toward what looks like the GOP sabotage of America's good credit, former WSJ writer and recovering radical David Frum noted that they published an all time whopper yesterday.
"The strict demands of the paper’s ideology do not always lie smoothly over the rocky outcroppings of reality. It can take considerable skill to match the two together.
In that regard, this morning’s lead editorial about the debt-ceiling crisis is a true masterpiece.
If you were to write a story about government debt, you’d probably be inclined to write about the two sets of government decisions that produce deficits or surpluses: decisions about expenditure and decisions about revenue. You’d want to do that not only as a matter of fairness, but also as a matter of math.
And that’s why, my friend, you would wash out as a WSJ editorialist. They wrote this editorial without any reference to revenues whatsoever. Boom! Gone! Don’t deny reality. Defy reality."
Click HERE to read further as Frum lays out the shockingly dishonest steps the WSJ employed to lay blame for the debt where it doesn't belong.
Monday, June 20, 2011
Who Bears Responsibility?
June 20th, 2011
This NBC/Wall Street Journal poll conducted from June 9th to June 13th shows a shift towards holding Bush 2 more accountable for our current economic crisis.
This NBC/Wall Street Journal poll conducted from June 9th to June 13th shows a shift towards holding Bush 2 more accountable for our current economic crisis.
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