TPMDC Saturday Roundup
Obama: Economy Is Both Crisis And Opportunity
In his weekly video address, President Obama reviews the problems facing the economy, the solutions being offered -- and the opportunity to leverage this towards greater success in the future:
"From the day I took office, I knew that solving this crisis would not be easy, nor would it happen overnight," said Obama. "And we will continue to face difficult days in the months ahead. But I also believe that we will get through this -- that if we act swiftly and boldly and responsibly, the United States of America will emerge stronger and more prosperous than it was before."
GOP Response Warns Of Health Care Becoming Like DMV -- Or IRS
In this week's Republican response video, Rep. Roy Blunt (R-MO) discussed health care policy, warning that health care proposals currently going around in Washington would crowd out the private sector and lead to government bureaucracy and rationing:
"Just imagine a health care system that looks like a government run operation most of us are all too familiar with - the local DMV," said Blunt. "Lines, paper work, taking a number. Or how about another government agency - the IRS."
Obama Family On Trip To Camp David
The First Family is spending today and tonight at Camp David. They will return to the White House tomorrow afternoon. Vice President Biden is in Florida, and does not have any public events.
Obama To Visit Turkey
Hillary Clinton announced during an appearance on Turkish television that President Obama will be visiting Turkey in roughly the next month, though the exact date hasn't been established yet. Clinton discussed the importance of outreach to the Muslim world, holding up Turkey as a model example of a secular democracy: "Democracy and modernity and Islam can all coexist."
Pro-Obama Group Launching More Limbaugh-Themed Ads
The labor-backed group Americans United For Change is launching a new set of radio ads against five Republican House members -- Mike Castle (DE), Thaddeus McCotter (MI), Charlie Dent (R-PA), Dave Reichert (WA) and one other to be announced next week -- linking them to Rush Limbaugh. An excerpt:
First, Rush Limbaugh said of President Obama: "I hope he fails." Then, nearly every Republican in Congress followed Limbaugh's lead - including Congressman Mike Castle - and voted against the President's recovery plan and against three and a half million jobs.
Well - it passed any way - and it's already working to create jobs.
WaPo: Limbaugh's Ratings Impossible To Measure
The Washington Post examines the various claims about Rush Limbaugh's ratings, and finds that while he certainly has millions of people tuning in, it may be impossible to really tell how many -- the show is on at different times and for different durations across markets, and people tune in for varying periods of time. "It's very hard to come up with an exact answer," said Michael Harrison, editor of the trade magazine Talkers. "It really reveals the embarrassing state of radio ratings."
Poll: Minnesotans Don't Think Pawlenty Should Run For President
A new Rasmussen poll of Minnesota finds that 61% of the state's likely voters do not think Governor Tim Pawlenty should run for president. This is not to say he is unpopular, though, with an alternate majority of 56% approving of his job performance.
The Hill: Specter In Trouble -- Should He Switch Parties?
The Hill takes a look at the math surrounding the expected conservative primary challenge by Pat Toomey against Senator Arlen Specter (R-PA), and finds a huge problem that is now confronting Specter: Between 150,000 and 200,000 moderate voters changed their registrations from Republican to Democratic in 2008, seriously shrinking the base of potential GOP voters in the closed-primary state. Furthermore, Pennsylvania has a "sore loser" law, which would prevent a primary loser from running as an independent -- raising the possibility that Specter's best bet could be to switch parties.




















Typo:
Ok, humor here - did you mean: "sore lower jaw?" or "sore loser law"? :-)
March 7, 2009 1:13 PM | Reply | Permalink
Thank you.
March 7, 2009 1:27 PM | Reply | Permalink
Glad to help, Eric.
March 7, 2009 2:10 PM | Reply | Permalink
And the state of Connecticut collectively smacks its forehead. "We could have had a Lamont!"
March 7, 2009 2:09 PM | Reply | Permalink
Courageous Teddy Strikes Back at Limbaugh
http://satiricalpolitical.com/?p=6478
March 7, 2009 1:16 PM | Reply | Permalink
I see what you did there. :P
March 7, 2009 2:36 PM | Reply | Permalink
Just imagine a health care system run by corporations that overcharge for insurance, refuse to pay legitimate claims, drive evrybody crazy with unnecessesary paper work and wreck the economy! And by the way provide lousey health care. Just try to imagine how horrifying that would be!
March 7, 2009 1:21 PM | Reply | Permalink
Kind of like the government run post office that people complain about all the time. It's outrageous, outrageous how inefficient the government run post office is. $.42 for a letter from la to nj in three days. Who would want that? That's not efficient and cost effective, right?
I think the problem with people's concept of insurance is that most people never have to actually deal with an insurance company in a situation when there is a major health problem or issue. Insurance sucks and is a criminal enterprise and most people don't see that. People think that they have insurance and they really don't if they have a catastrophic illness. You might as well not have insurance and paid all those premiums. Your better off saving the premiums in T-bills for when the illness hits, if it does. (I'd say the stock market, but we know what happened to that).
March 7, 2009 1:39 PM | Reply | Permalink
you might be right about leaving the insurance behind if individuals didn't pay 300-500% of the normal rate.
March 7, 2009 2:11 PM | Reply | Permalink
Another excellent point. The system is totally screwed up and needs major reform from the costs on up. Everything is screwed up. People pay 300 to 500% of the normal rate to compensate for people who don't pay. It really is a clusterf*ck.
March 7, 2009 2:28 PM | Reply | Permalink
As regards the USPS, what is really more incredible is the letter that gets delivered from Anywhere, USA to, let's say, some lone mailbox 50 miles north of Black Duck, Minnesota - all for $0.42.
Will UPS or FedEx accomplish that? Privatization allowed these companies to skim the most profitable parts of the postal business and keep it for themselves. Meanwhile, if a UPS or FedEx package needs delivery to rural Black Duck, just how do you suppose it gets there? By USPS, of course, after the other companies pay the regular postage to get it there!
You simply cannot make the argument against national health care run by the gov't by calling upon the supposed "inefficiencies" of the USPS. In fact, a true understanding of how this and other government agencies works highly recommends such an approach.
March 8, 2009 9:03 AM | Reply | Permalink
I don't know about going to the doctor because I haven't been in 10 years (no insurance) Knock On Wood, but I have been to the DMV. In SC it was a disaster - you would have to take a day off and leave emergancy numbers before you went there. Six months ago I had to get my drivers licence replaced. Walked in and back out in 10 minutes. I swear. They redid the building and revamped the process and it is fantastic. Unbelievable. I'd take DMV like health care over private care now. When my dad said we'd end up with mediocre doctors I said better than no doctor at all. These republicans are blowing out a place not their mouth and the private insurance companies are terrified. They have no idea how abused
the american public feels about so many things.
Did anyone see the polls for Obama in the NYT today? March 1 Obama 68% approval Republicans 28% approval.
March 7, 2009 4:17 PM | Reply | Permalink
Yes Arlen Specter should switch parties now! Caucus with the Democrats Arlen. You will be welcomed with open arms.
He's good enough, he's smart enough and... Well he's not Al Franken but he'll do for the time being.
March 7, 2009 1:32 PM | Reply | Permalink
wow. that seems really difficult to imagine...
what the fuck are these guys talking about?? it's like they've never gone to the fucking doctor. ever.
who has ever gone to the doctor and not had to wait or fill out (gasp!) paperwork?!??
March 7, 2009 1:35 PM | Reply | Permalink
seriously. the wait at the dmv (secretary of state here) is NEVER as long as the wait at the doctor any time i've ever had to go.
March 7, 2009 1:38 PM | Reply | Permalink
and that's WITH making an appointment three to four weeks in advance!!
March 7, 2009 1:39 PM | Reply | Permalink
Or how about an emergency room? That's easily a 6 to 12 hour ordeal. Ever have a child get injured and have to take them to the emergency room??????? DMV is paradise compared to that.
Or how about the months and months and months wait to see a "specialist"? I swear, these fools live in fantasy land.
March 7, 2009 1:41 PM | Reply | Permalink
Plus, even if the wait at the DMV [i]was[/i] that long and complicated, last time I checked, pretty much everyone who wants one still walks out of the place with a driver's license.
March 7, 2009 6:13 PM | Reply | Permalink
It's a cheap talking point that the Obama Administration should let them run with before hammering the point that they're so out of touch that they don't know waiting times for doctor and emergency room visits - it would be a kin to the gotcha moment when politicians are asked about the price of a quart of milk or a loaf of bread and get that deer in the headlights look.
March 7, 2009 1:48 PM | Reply | Permalink
My health insurance is worst. I have to pay out-of-pocket for all medical visits, medications and lab work. Then I collect the bills, fill out a separate forms for each transaction, make copies of both form and attached bills. Next, I mail the bundle off to the insurance company, priority mail, then wait a month of two for the refund. Believe me, I'm lucky to get 50% to 70% back depending if I go over a pre-set cap for services. By the way, I have to pay the bills in Euro so I take a 25% cut in services. Last year I had a 1500 euro dental bill - approximately $2250 - but received $1500 ...capped out. I can't wait for Obama to stick it to the insurance companies.
March 7, 2009 2:47 PM | Reply | Permalink
I bet Blunt doesn't have to wait. Just limos over to Walter Reed and they see him right away. And give him a lollipop.
March 7, 2009 5:03 PM | Reply | Permalink
The views for Obama's Weekly Youtube vid are plummeting. I wonder how long he'll keep doing it - I mean last weeks was sub 40K.
Dems could do so much better than Specter, however the option is a good push back for Specter if the GOP is trying to control his votes with the Toomey primary threat.
Best case scenario for the Dems would be Specter chooses to retire, and thus can vote however the hell he chooses. Then the Penn seat would be wide open, with known winger Toomey allowing for the Dem challenger to claim the middle ground.
March 7, 2009 1:44 PM | Reply | Permalink
"The views for Obama's Weekly Youtube vid are plummeting. I wonder how long he'll keep doing it - I mean last weeks was sub 40K."
I'd like to say, let's positive about this, but I watched Youtube today for a good while and I focused on Palin and Tina Fey, not our President. Don't know what his team has been expecting, and I'm no media man, but 40K sounds like a really low figure.
"Best case scenario for the Dems would be Specter chooses to retire, and thus can vote however the hell he chooses. Then the Penn seat would be wide open, with known winger Toomey allowing for the Dem challenger to claim the middle ground."
Or how bout this: He switches parties now and the Dems get vote 59, and if he wants to retire, he gives good notice to allow for solid recruitment, and if he doesn't want to, the Dem SCC gives him a pass on the primary. I'm no believer in a magical 60, but that vote of his would be a nice thing to have.
March 7, 2009 2:12 PM | Reply | Permalink
Taking the glass half full approach, I guess you could say the youtube address is reaching 40K people who probably don't listen to the weekly radio address. However I have to expect he thought he'd get more weekly views than that.
March 7, 2009 2:24 PM | Reply | Permalink
Now, of course you would take the glass half empty approach, as we all know. Just kidding.
March 7, 2009 2:26 PM | Reply | Permalink
Me too, of course.
So I just watched it. 35% horrible news, 35% inspiration and new initiatives, 5% creepy Jindal-esque we-can-do-anything jazz, and 10% Obama's strong hand of assured leadership. Not bad.
Fireside chat of the current, troubled era. I think some people are going to need these talks, and I think they'll continue. Beginning of it was pretty bleeding grim, though.
March 7, 2009 3:21 PM | Reply | Permalink
Considering Obama doesn't even run his address using youtube (he changed it to a flash player a few weeks back) what would you expect?
March 7, 2009 4:15 PM | Reply | Permalink
That could explain it couldn't it. The drop of over 100K from Feb 21st(146K views) to Feb 28th(36K views) probably should have been a tip off.
I feel like a maroon.
March 7, 2009 5:30 PM | Reply | Permalink
I've seen parts of it replayed on local networks and on CNN just moments ago. He's getting his message out in one way or another.
March 7, 2009 2:51 PM | Reply | Permalink
The whole point of the radio address is that the MSM listens to it/reads the transcript and turns that into headlines. If 40k non-journalists are actually watching it on Youtube, that's a bonus.
March 7, 2009 3:31 PM | Reply | Permalink
Okay, good to hear that.
March 7, 2009 3:35 PM | Reply | Permalink
I watch them at whitehouse.gov. I really like how Obama just does things. Like the government contracts. That crap has been going on for years and everyone knew it but no one dared say a word. Obama did and now it is out there. I know that some laws have to be changed so it has go wonder around the clusterf**k of congress for a while (what can we do about those pokie mokies both dems and republicans?) but at least he started the process.
March 7, 2009 4:29 PM | Reply | Permalink
Republicans are REALLY afraid of Obama achieving health care reform or else they wouldn't have put out that web response. If that happens than Obama would truly be like FDR for changing the trajectory of our country.
March 7, 2009 2:14 PM | Reply | Permalink
Good comment. I don't wanna exploit this to say I toldya so or nuthin', but it would be solid reason to try to get Specter to flip now. Jeffords provided a real lesson in how these guys' positions change over night, once that (R) at the end of their name is retired.
I much wonder as well, is this all just in our minds (mere fantasy?), or are his operatives buying shots for The Hill's reporters in Capitol Hill bars and putting these thoughts into their heads, (a) to intimidate, and/or (b) as feelers for the real thing.
March 7, 2009 2:36 PM | Reply | Permalink
I am telling you, if he passes substantial healthcare reform, he is in the upper echelon of our greatest Presidents.
March 7, 2009 4:28 PM | Reply | Permalink
Even if he doesn't and half the things that he is trying to accomplish are accomplished, on the accomplished side is obviously the economy, he will still be in the top ten. He is facing the most incredible economic meltdown in history. Nothing like this has ever happened before. If he is able to deal with it and turn it around, top ten here he comes.
Sh*t, they rank the b-movie actor in the top ten and WTF did he accomplish? other than destroy our country. He accomplished nada. Puleeez.
March 7, 2009 4:42 PM | Reply | Permalink
I can't imagine the horrors of a health care system where no one would be allowed to profit by allowing patients to die rathrr than treating them.
That's the bottom line here, and I never let anyone forget it in any discussion of "socialist" health care: do you really want to trust your life to a business model where a private company gets to make life and death decisions, and can realize larger profits by allowing their customers to die?
March 7, 2009 2:20 PM | Reply | Permalink
Roy Blunt must live in the alternate reality where there is no insurance company paperwork (if you have insurance). Or if you don't have insurance, in the alternate reality where there is never a line at the ER.
March 7, 2009 2:32 PM | Reply | Permalink
Another insurance misperception. If you have an injury and call your primary practioner, you know where they send you? The freaking emergency room where you have to wait in line forever, fill out a ton of paperwork and deal with all the bs, even with insurance. It's really pathetic.
March 7, 2009 2:39 PM | Reply | Permalink
He DOES live in an alternate reality: the US Congress. If he gets an owie, he just trots over to Walter Reed and gets it taken care of, gratis.
March 7, 2009 3:14 PM | Reply | Permalink
Thank you. I kept scrolling down the thread hoping somebody would make this point. These assholes have NO IDEA how our current "system" "works" because THEY are completely insulated from it. MY local Ohio BMV office works FAR more efficiently than any health insurance company I've ever dealt with. (And not even patients are fully exposed to the insanity until they have to fight a denied claim- just ask your doctor what constantly dealing with the wonderful "efficient" bureaucracy is like.)
March 7, 2009 4:18 PM | Reply | Permalink
Roy Blunt has access to the Capitol Physician -- free of charge.
March 7, 2009 4:48 PM | Reply | Permalink
The Hill: Specter In Trouble -- Should He Switch Parties?
DO NOT WANT!1!
~
March 7, 2009 2:32 PM | Reply | Permalink
I agree. If Toomey takes out Spector, a good Democrat should be able to take the seat easily.
March 7, 2009 5:17 PM | Reply | Permalink
Specter should just switch parties and give us 60 Senators in the Senate if Toomey officially declares.
If I were Cornyn I would encourage Toomey NOT to run against Specter in the primary for that means that they may end up being a Democratic pick up.
March 7, 2009 2:32 PM | Reply | Permalink
Maybe we should get AIG to run our countries health care insurance.
March 7, 2009 2:45 PM | Reply | Permalink
If you have a few minutes, watch Jon Stewart wreak Shermanesque desolation upon CNBC and their smart-ass, greedy ilk:
http://www.huffingtonpost.com/2009/03/05/jon-stewart-eviscerates-c_n_172057.html
Click the video within the post, it's pretty rip-roaring.
March 7, 2009 2:59 PM | Reply | Permalink
Saw it an it was GREAT. If anyone hasn't drop everything and see it NOW. We will be talking about in ten years and it will be like missing Woodstock. Well, not quite but you know what I mean!
March 7, 2009 4:33 PM | Reply | Permalink
I just watched it. OMG.
The thing that struck me the most was not the laughter from the audience - it was the silence with little rumblings. You could feel the outright ANGER. If some of those bankers/CEO's had been there, they might have been eviscerated by the audience. Literally.
I think the Republicans need to be vewy, vewy caweful - depending upon the way the economy goes, if they get associated with the wrong side they could be looking at political extinction.
March 7, 2009 5:18 PM | Reply | Permalink
See upthread my comment with the polls from NYT/Wall Street Journal March 1. The republicans are getting killed and they are acting like they have no idea.
March 7, 2009 5:57 PM | Reply | Permalink
I saw it again, pumped up by bluesplashy's raging enthusiasm. He's only partly over-the-top on this. SEE THE VIDEO if you can! Really! Take 4 minutes or whatever it is.
March 7, 2009 7:49 PM | Reply | Permalink
I have _never_ heard a radio address.
I think that it is more for the media than the public anyway: a vehicle to put out a message over a slow news time. The media's repeating of the address is where the action takes place, not in hearing or seeing the original... My $ 0.02...
March 7, 2009 3:05 PM | Reply | Permalink
It's pretty much 100% political boilerplate. I always start to listen to it thinking it'll be moving, and about 10 seconds into just sigh and turn it off.
March 7, 2009 3:31 PM | Reply | Permalink
Not for nothin', but, the Mass RMV works wonders these days. I just updated my registration on the internets, fer cryin' out loud.
March 7, 2009 3:13 PM | Reply | Permalink
Should Specter Switch?
We don't need another Lieberman.
March 7, 2009 3:14 PM | Reply | Permalink
So, I'll bite.
They say Specter is a wiley character, and he's had to dance around quite a lot to stay afloat in a state that leans Democratic nationally but not so long ago voted right-wing wackaloon Rick Santorum into the Senate. So I'm not going to claim he's a man of his principles or any such.
But I'll wager he's got more integrity in his little figure than Traitor Joe. As an added leg up, if you asked Specter what country he is a citizen of, he could answer without hesitating.
His vote would be useful. I don't think he'd be some DINY only, either; I think he'd really go with the team.
March 7, 2009 3:49 PM | Reply | Permalink
Ok, this is newsworthy. Maybe people will finally wake up on this stupid issue. It is substantially cheaper to keep murderers in prison for life rather than executing them. Throw on top of that that you don't have to worry about killing someone who might be innocent and having 12 law abiding citizens become murderers.
http://news.yahoo.com/s/ap/20090307/ap_on_re_us/expensive_to_execute;_ylt=ApIPVAvgVSV86gzGwWHaswsDW7oF
When will people wake the f' up?
March 7, 2009 3:16 PM | Reply | Permalink
but of course the pro-death penalty sorts are also the sorts who would like nothing more than to get rid of appeals and anything resembling due process. as in: why should criminals have any 'rights'?
March 7, 2009 9:25 PM | Reply | Permalink
IRS or DMV? Is that the best you losers got?
Jesus.
Okay, I realize that they are going to obstruct on healthcare reform until the last, miserable minute that something is signed into law. And i understand it, in the sense that their entire ideology rests on things like Healthcare reform not being effected in this country...
That said, why can't we simply start a talking point of wanting to at least TRY some reform, and if it fails like Republicans insist that it will, there are circuit breakers installed in the plan that will allow it to easily lapse and revert to what we have now.
Let the Republicans be in the ridiculous position of telling the American people that they don't even want to give it a chance to fail... let them say every minute of every day that it WILL fail, but let them say out the other side of their mouth that they don't want to try it out even for a second
March 7, 2009 3:30 PM | Reply | Permalink
I'm kinda suffering an epiphany. With the legions of unemployed growing daily, the ranks of people with cable/internet connects will start dropping rapidly. It won't be too long before ISP's begin moseying up to the feeding trough for bail-out funds. Also, without internet and cable service, people will be switching back to the old modes of info sources: television, newspapers, land-line phones, and 56-k modem connections for internet access. People will still want their television service for inexpensive entertainment so the selling off of the television bandwidth may not happen or the converter boxes will be freebies by the government for those under financial duress. Phone companies will see a resurgence in subscribers - no mo cellphones, and newspapers and magazines will see an increased demand for circulations and advertisers will be back supporting the local media. In short, we're on our way back to the past to cope with the future.
March 7, 2009 4:16 PM | Reply | Permalink
I really can't see Specter switching, I think this talk is just push back against the Toomey challenge. I don't think the GOP is going to risk losing the Penn seat, knowing Toomey would face an uphill challenge against a strong Dem challenger.
I think there is backroom politics at play here, the GOP is trying to control Specters upcoming votes by saying "Vote with us or get primaried out" so this is just Specter saying "Don't threaten me - I have options".
If anything this just shows you how important the GOP thinks the next two years is. If The Obama Administration could pass healthcare reform, the Employee Free Choice Act, and a strong renewable energy policy the GOP fears for it's political viability.
March 7, 2009 4:18 PM | Reply | Permalink
Just like Blunt...always trying to demonize the government as if it was an alien being rather than being composed of we the4 people. As Bill Mahr said, I would love the idea that our health care insurers were half as competent as the post office.
Right now you can only deal with your insurers by phone, mail or internet...and they can just refuse to talk to you or drop you if they want.
To people like Blunt, profit trumps the good of the people. Right now we can make the DMV more efficient if we want to by passing legislation. With the private insurers we can only maximize their profits and continue giving their CEOs a billion in compensation packages.
These morons cannot understand that how our health care costs are a big part of our broken economy and must be addressed if we are to fix our economy. It is not a separate issue but a major part of the problem. Blunt and his irk are determined to protect the holdings of the very wealthy and the business of their multinational corps whose means of profiteering have broken our economy.
March 7, 2009 5:43 PM | Reply | Permalink
btw Blunt...we are so sick of hearing "Republicans are committed to....perfection". Might as well just end after "republicans are committed"... as you actually have no plans except the continuation of failure...No one wants government 'bureaucracy'...we want government efficiency which, with people like you will seldom be Accomplished since you are dedicated to proving how government doesn't work and always find new ways to privatize and profiteer off of the taxpayer.
Government would work a lot better if we could get rid of those trying to demonize it. Getting rid of republicans everywhere we find them is a good start to restoring our democracy and our economy.
Here in MO we know you won't be with us much longer as a rep or a senator and hopefully your corruption will eventually come out for aiding in the sale of states secrets...once the gag orders on the whistle blowers put there by Ashcroft are removed.
March 7, 2009 6:39 PM | Reply | Permalink
Limbaugh...the $40 million dollar mouth. Black people should all want to kiss him every time he shows up in public. Imagine 40,000 black mouths trying to kiss Limbaugh. His dream come true.
March 7, 2009 7:02 PM | Reply | Permalink
Yeah, uh, that's what we people in the real world already have to put up with, dumbass. Well, those of us who are "lucky" enough to actually have coverage.
March 7, 2009 7:04 PM | Reply | Permalink
I wasn't sure what I was hearing, so I copied it verbatim:
I'm concerned that if the government steps in it will eventually push out a private health care plan that mills of Americans enjoy today. this could cause your employer to simply stop offering coverage, hoping the government will pick up the slack.
So, what Blount is saying is that if the Feds drive the private plans out of existence, your employer might consider not offering that NON-EXISTENT coverage.
Sheesh. What's insulting--among so many other things--is that they don't even make the effort to come up with a logical argument. And the truly sad thing is that you will hear the Rush, Hannity, Coulter, O'Really spout this line, followed by millions of Dittos dittering.
March 7, 2009 8:27 PM | Reply | Permalink
Hmm, what public health care are they talking about? My daughters graduated from one of the top ten universities in the country and the older one is still without a job after four years. Of course she has no health insurance. Obama has good intentions but his plans have already been greatly perverted. The corrupt power elite of the country do not want the health and welfare of the people to be considered unless there is a way found for it to be profitable for them. Hey! Turn on your TV...big pharma will give you free medications if you need them. What's the problem? I am unsure if Obama realized how badly crippled this country was when he took office, but it seems you can see it on his face at times now. He is up against insurmountable forces and I believe most of what you see on TV from here on out will merely be an opiate for the battered American public. His grand and humane plans have no chance now. George broke the tricyle. If anyone thinks China is stupid enough to keep loaning us money think again! Dumping our treasuries will make the attack on Pearl Harbor look like an ice cream social! Everyone has a different perspective on this. Some people have suffered from day 1 of their lives and never knew anything else but hard times. Some began suffering at day 10 or later and some have only known the good times, but the the crowd of the dispossessed is growing rapidily. The country will be lucky to survive this one
March 7, 2009 8:46 PM | Reply | Permalink
Interesting comments! Beetlejuice seems to have a good grasp of the situation. This discussion on health care is Obama's promise to the people. Unfortunately not much is likely to happen. Ask the Calnurses. There are some elements of power in the nation that are beginning to feel a little uneasy. The question for them is how to placate the people in the lowest cost way. The really big people are still quite smug. Witness the United States Federal Reserve of Private Banks refusing to tell congress who they handed the AIG money off to. Things are going down fast now. When people begin seeing their children's stomachs knotting up from hunger they will pick up the sword. It will be an ugly world.
March 7, 2009 9:09 PM | Reply | Permalink
You're in luck, because alarmism is never out of fashion. The revolution has been on the horizon for more than 75 years now.
March 7, 2009 11:13 PM | Reply | Permalink
Anyone read the NYT article from today?
Specifically this part.
Q. Have you figured out how you would draw the lines against endless rescues?
A. Part of the function of the stress test that is being conducted by Treasury right now is to make a determination using some worst-case scenario – what that would mean for a bank’s balance sheet. And I think that what you should see emerging there is an awful lot of banks that are in decent shape considering the circumstances. They’ve been managed well. They didn’t take undue risks. Obviously, they’re being hit like every business is being hit by the recession, but they can recover, and if they do need help, it’s going to be short-term help. There may be a handful of institutions that have more serious problems. And what we want to do is to cauterize the wound.
The news on the stress tests sounds good to me. I'm sure the results will ease peoples concerns.
I'm assuming, once they are complete, Geithner will release his plan for the zombie banks out there. Then the talking heads on T.V. can scour for something else to complain about since he'll have acted on the three pillars he spoke of; creating jobs through his recovery act, helping home owners caught in this mess with the home affordability act and lastly, and lastly, Geithners announcement on his plans going forward which will surely be announced when the stress tests are complete.
March 7, 2009 11:11 PM | Reply | Permalink
Even though I live in a state where the DMV was part of a major scandal that resulted in the governor's conviction, at least people who need drivers' licenses can get them. That's not true of health care.
IIll and Uninsured in Illinois
March 8, 2009 12:18 AM | Reply | Permalink