The 2012 "Election" thread

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Re: The 2012 "Election" thread

Postby 8bitagent » Wed Nov 07, 2012 9:59 pm

82_28 wrote:I just watched the end of that video of the ranting asshole and figures, he said "good thing that cat's declawed". What an asshat. That right there is enough for me to hate that fucker. Just that. That alone. Only wingers declaw their cats. I sincerely hope this shit goes viral to convince those not convinced that at the very least the right is steeped in hatred and their Jedi mind tricks no longer work. I hope it gets remixed and reapportioned to show what a cancer these fuckers are on society. I hope it makes the welfare military think about their hiring practices. And apparently Mullican Flooring wasn't paying Mr. Uncle what the taxpayers were and so he just aw shucks-ed it up and took the job anyways and "served for his country". What a fucking tool.



"Served my country"...ie: He was a willing pawn for neocon, Saudi, Israeli, banker, defense, oil, construction and globalist interests in two lie-based wars that had nothing to do with protecting America.
I know, I know, we're suppose to be respectful of the military. Obama brags of having the strongest military last night in his speech, but yeah. Fuck the military. They're job should be to help in disaster relief, which I do support.
At least with the Ron Paul/Alex Jones/Patriot freaks, they don't buy into the "fighting for your freedom" bullshit(tho in the gun nut category, probably just as bad)

Anyhoo, I could barely watch 30 seconds of that punk without feeling an anxiety panic thing coming on. Yes, I chide the smug smarmy ahole liberal archetypes now and then for certain attitudes, but nothing boils my blood more than
these sort of creatures.
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Re: The 2012 "Election" thread

Postby 8bitagent » Wed Nov 07, 2012 10:22 pm

justdrew wrote:reported for promoting terrorism


And I quote

You have no fucking idea How fucking crazy I am you liberal pussy.

CSXRockford


And then there was Glenn Beck, pretty much also calling for an armed revolution cuz you know, the end is coming and we need to prepare!!!!


Good fucking lord. It's harder and harder for me to criticize Obama and the peculiarities some on the mainstream left display, when we have a truly frightening serious threat happening like this.
I no longer even find it funny haha on that Onion.com level. I do not believe these Ted Nugents are simply bluffing.

Can almost guarantee shits going to go down where some of these people really fly off the handle and all hell will break loose.
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Re: The 2012 "Election" thread

Postby justdrew » Wed Nov 07, 2012 10:39 pm

he probably has nothing to worry about from the secret service, but he batter watch out when the Cheetos people find out about this. He really hates Cheetos.

---

so what's the deal with all these wingers crying about "free cellphones" ?

the gubamint should be able to get vast quantities of refurbished cheap ass cell phones and get them minutes at a cheap rate from the service providers, and bang, you've got a great low-cost way to help people down on their luck. without a phone it's virtually impossible to get a job. Again, a very cheap benefit, that helps everyone really, and these crybabies have to obsess on it like mad. It's sad really.

---

8bit, these "dead-enders" (remember rumsfeld) are mostly going to do nothing, I wouldn't be surprised to see a few more "lone wold" attacks. If I were running any sort of even vaguely "left leaning" thing at which people gather, I'd have to be thinking seriously about adopting some sort of "enhanced security posture" - but in the main, most likely nothing will come of their anger, which will get washed away soon enough. The guy in the video said he's done paying his bills/tax/house payments/etc... so most likely he'll be standing in line for a free cell phone before a years up.

---

but seriously, the sadness of it. Look at those people in the earlier video, the "interviews with romney voters" one... some of them, you're "virtually literally" seeing people who's souls are being devoured by the republican network marketing machine.

---

the above link to right wing watch has a lot of good coverage of Beck's recent meltdowns.

---

apparently a lot of the wingers have been following one of those "secret insider" site where an anonymous writer present 2nd/3rd hand leaks from other anonymous "sources" - remember when we had "the voice from the white house" 'leaking' fictional narratives from the inner circles? Anyway, I think it's the same guy who wrote both.
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Re: The 2012 "Election" thread

Postby 8bitagent » Wed Nov 07, 2012 11:05 pm

justdrew wrote:

8bit, these "dead-enders" (remember rumsfeld) are mostly going to do nothing, I wouldn't be surprised to see a few more "lone wold" attacks. If I were running any sort of even vaguely "left leaning" thing at which people gather, I'd have to be thinking seriously about adopting some sort of "enhanced security posture" - but in the main, most likely nothing will come of their anger, which will get washed away soon enough. The guy in the video said he's done paying his bills/tax/house payments/etc... so most likely he'll be standing in line for a free cell phone before a years up.


One can hope these are just the confused, sad last dying gasps of this vulture like group. I want to believe. And perhaps some on the right will go toward the more bi-partisan Christie route, but I can honestly see them get more emboldened. So many of the right wing watch videos from the last two days have a lot of language talking of armed revolution and "God's wrath"(ie: the 9/11 sort of variety)
To these people, it's not just we have a black President or that we have aid for the poor. (ie SOSHULISM) The idea gays and women have retained and or gaining rights just eats away at them. That one particular lady in the Romney/Ryan rally video pretty much encapsulates the bewilderment I notice with a lot of Romney supporters...but its the really dedicated long haul folks that are a worry.

Maybe there will be some crazy event that unifies(at least for awhile) the country. Or maybe some event will happen to beckon the wrath of inner cities, or the right wing in reaction. But it's hard to see things remain calm for too long.
But lordy, I have to admit I did indeed feel like I could join in everyone's euphoria last night in that maybe...maybe...backwards right wing baloney is fading from even conservative areas and people just want good things.
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Re: The 2012 "Election" thread

Postby Elvis » Wed Nov 07, 2012 11:57 pm

82_28 wrote:I just watched the end of that video of the ranting asshole


I didn't watch it, I can't take stuff like that anymore, at least not for awhile. Leading up to the election I had too many conversations with a variety of anti-Obama/pro Romney people (emphasis on the anti-Obama) people. Some are smart and know how to dodge questions, but not smart enough, I guess, to vote their own interests. The loudest haters consistently hold the strongest opinions based on the flimsiest knowledge.

They divide the world into a stark polarity: you're either a sane "conservative" or an idiot "lib" who lives on government handouts. They start sentences with phrases like, "If you knew any history, you'd know why libruls are evil" etc. If you then bring up any actual history, they simply and abrubtly move on, thumbing their greasy, dog-eared checklist---Kenyan! Muslim! Kenyan Muslim! Marxist Kenyan! Kenyan Marxist Muslim Apologizer! The recipe for rightwing rumor stew is well known.

DrEvil wrote:The problem with idiots like this is that they are too damn stupid to understand that they are stupid. This guy probably thinks he's a genius, and that anyone who actually is smarter than him is an idiot.
There's really no point in trying to argue with these people. Coherent sentences just pisses them off even more.


That's exactly what I'm talking about, and it seems like there are so many of them.

Their ignorance, often wilful, is just shocking, and they're the ones who blame and revile teachers' unions! Auuugh!!

Anyway, I did learn something: you cannot reason with such people. It's a waste of time, and in fact it energizes them.

There are exceptions. I have a good "conservative" friend, age 68, who went so far as to tell me that he knew, deep down, that I was right about big banks & high finance draining our wealth, and the fallacy of "trickle down" etc. His intellect gets it, he says, but he just can't let go of those rosy longings for the 1950s Disney America in his heart. He was convinced Romney would take us there. What really makes him an exception is that we can talk about politics and he doesn't get mad, mostly just jokes about it, and remains first a friend.
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Re: The 2012 "Election" thread

Postby compared2what? » Thu Nov 08, 2012 12:38 am

Fact-checking Nomi Prins, cont'd.

Before the Election was Over, Wall Street won
by Nomi Prins
October 23, 2012


For the record, both missed, or don’t get, that nearly 32% of that Treasury debt is reserved (in excess) at the Fed, floating the banking system that supposedly doesn’t need help. The ‘worst economic period since the Great Depression’ barely produced a short-fall of an approximate average of $200 billion in personal and corporate tax revenues per year, according to federal data.)

Consider that the amount of tax revenue since 2008, has dropped for individual income contributions from $1.15 trillion in 2008 to $915 billion in 2009, to $899 billion in 2010, then risen to $1.1 trillion in 2011. Corporate tax contributions have dropped (by more of course) from $304 billion in 2008 to $138 billion in 2009 to $191 billion in 2010, to $181 billion in 2011. Thus, at most, we can consider to have lost $420 billion in individual revenue and $402 billion in corporate revenue, or $822 billion from 2009 on.


Measuring revenues by comparing year-over-year dollar amounts like that in such a context makes so little sense that I literally can't think of any reason for choosing to do it apart from the wish to avoid admitting that the Bush tax cuts had the effects that they did.

Per every single credible source there is, tax revenues as a share of GDP were (a) down 10.1 percent in 2009; 9.0 percent in 2010; and 8.7 percent in 2011; and (b) are indeed at their lowest levels of any year since the Great Depression except for 1950.

So I'd say the above was both wrong and misleading.

The Fed has, in addition, held on average of $1.6 trillion Treasuries in excess reserves. That, plus $822 billion equals $2.42 trillion, add on the other $900 billion of Fed held mortgage securities, and you get $3.32 trillion, NOT $5 trillion, and most to float banks.


It was those Fed-held mortgage securities I was really trying to check, though. I didn't want to have been harder on her than she deserved in the event that they weren't agency-backed. But that's exactly what they are -- straight-up Fannie Mae/Freddie Mac issue, implicitly guaranteed by the government ever since the New Deal brought it into being.

Technically, that is debt. But I'd hate to see how she characterized the Social Security program if she thinks it's either fair or accurate to call the Fed's holding of them a public liability that benefits banksters and just leave it at that. They're government-backed loans and/or mortgage-backed securities issued by two companies with the historic public mission of stabilizing the residential housing market. They won't be on the books forever. Because, among other things, they're not bad debt. Most people would probably call them assets. In fact.

It's misleading. In a word. Purports to be righteously populist and truth-telling, is the opposite.

.

___________________

ON EDIT:

And this...

The most consistent political platform is that big finance trumps main street economics, and the needs of the banking sector trump those of the population. We have a national policy condoning zero-interest-rate policy (ZIRP) as somehow job-creative. (Fed Funds rates dropped to 0% by the end of 2008, where they have remained since.)


...can't really be anything other than an intentional lie.

The Fed didn't fucking set the interest rate at zero as a matter of monetary policy in order to create jobs. It's at zero because it can't go lower. And they're desperately trying to raise it. That's why they're buying shit.
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Re: The 2012 "Election" thread

Postby justdrew » Thu Nov 08, 2012 4:03 am

http://dangerousminds.net/comments/hell_night_at_fox_news

For a little perspective: This was the widest vote to return an incumbent president to the White House since Ronald Reagan won 49 states in his 1984 reelection bid. That’s not a statistical fluke, no matter what the “know nothings” at Fox News, Breitbart and the Drudge Report want you to believe. What’s more, Frenchman John Kerry got over a million more votes in 2004 than Romney got on Tuesday.

Here’s what Fox News DIDN’T REPORT ON last night, at least not as long as we were watching:

    Liberal hero Alan Grayson won his House seat back (Hell yeah!)
    Wisconsin elected Tammy Baldwin, a proud lesbian woman, to the Senate, beating Tea party-backed former governor, Tommy Thompson.
    Marijuana was decriminalized by Colorado and Washington voters.
    Maryland and Maine became the first states in which the voters chose to legalize same-sex marriage.
    Left for dead Democrat Senator Claire McCaskill of Missouri beat Republican goatboy Todd Akin.
    Liberal hero Elizabeth Warren won handily in Massachusetts.
    Michele Bachmann, who raised more money than any other member of the House, barely squeaked by in her reelection.
    Cuckoo Tea party favorite Col. Allen West lost his seat in the House.
    Joe Donnelly beat Richard Mourdock in Indiana. God’s will?

Well then God must hate the Republicans’ fucking guts this year, that’s all I gotta say.
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Re: The 2012 "Election" thread

Postby 2012 Countdown » Thu Nov 08, 2012 9:43 am

University Of Mississippi Students Riot Over Obama Victory
President's reelection greeted with anger at deep South college campus.
posted Nov 7, 2012 3:27am EST

Image

Students from the University of Mississippi took to the streets late Tuesday night to protest President Barack Obama's reelection, blocking streets and burning Obama campaign signs until police broke up the mini-riot.
Shortly after midnight, angry students gathered outside the campus for a protest, which reportedly turned violent, with students throwing rocks, using racial slurs, and burning Obama's campaign signs, according to the Clarion Ledger.
Police were able to quickly break up the disturbance.
Ironically, prior to Tuesday night, conservative bloggers had warned of plots by black youth to riot if Obama lost the election, a charge that police dismissed.

video at link-

http://www.buzzfeed.com/johnstanton/uni ... over-obama

http://www.youtube.com/watch?feature=pl ... GNO4fTp9-I

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Re: The 2012 "Election" thread

Postby seemslikeadream » Thu Nov 08, 2012 10:04 am

Quote of the Day: America's Billionaires are Pissed Off at Karl Rove
—By Kevin Drum| Wed Nov. 7, 2012 10:30 PM PST

Via Atrios, this is pretty funny:

"The billionaire donors I hear are livid," one Republican operative told The Huffington Post. "There is some holy hell to pay. Karl Rove has a lot of explaining to do ... I don't know how you tell your donors that we spent $390 million and got nothing."....Rove was forced to defend his group's expenditures live on Fox News on Tuesday night, and will hold a briefing with top donors on Thursday, according to Politico.

If conservative billionaires are looking for something else to be mad about, I'd recommend the Romney campaign's apparent habit of paying about 50 percent more for TV spots than the Obama campaign. That helped line the pockets of the consultants who both recommended the buys and got the commissions for placing the spots, but it didn't do much to win the election.

In the end, it turned out that one side ran its campaign like a business, while the other side ran its like a local PTA. Ironically, it was the ex-community organizer who did the former and the ex-CEO of Bain Capital who did the latter.



Romneyworld reckoning begins

By JAMES HOHMANN and ANNA PALMER | 11/7/12 9:44 PM EST
BOSTON — Advisers to Mitt Romney insisted Wednesday that they were surprised by the scale of their loss to President Barack Obama, while big-time GOP donors griped about the campaign’s unflinching confidence in the final stretch.

As results began to stream in Tuesday night, prominent Romney supporters in Boston tried to stay positive, reassuring themselves that there was still a path to the White House. But dejection quickly turned to anger a day after an Electoral College rout that shocked many who had heard self-assured projections about voter enthusiasm and turnout in private conference calls and meetings in the campaign’s final stretch.

“They ran a 20th century campaign in the 21st century,” said one Romney bundler, frustrated that the campaign made assumptions about the youth vote and voter intensity that didn’t pan out. “The anger is that they were entrusted to do certain things. It’s not like they were paid a $5,000 retainer to get a few dozen articles in an inside-the-Beltway paper. This is the major leagues.”

Another Republican outside the Romney campaign but privy to its thinking described the defeat as a complete pummeling, with Senate losses adding salt to the wound.

Romney supporters point to a series of brash statements made by advisers that seem out of touch with reality in retrospect. Inside the Beltway, Republicans trained their fire on senior Romney advisers like Ed Gillespie and political director Rich Beeson for appearances on last weekend’s Sunday shows. Gillespie said the electoral map was expanding, and Beeson predicted a 300 electoral vote win for Romney.

“There were a lot of Republicans who were on calls that the campaign was having led to believe we had shots in Pennsylvania and Minnesota,” one Republican operative supporting Romney said. “I think Republicans are split right now between confused and shocked, and also I think they are wondering did the Romney campaign have numbers we didn’t have.”

In starker terms, the source questioned: “Was last week a head fake, or were they just not that smart?”

Multiple Romney sources buzzed about one number in particular: 15 percent. According to exit polls, that’s the share of African-Americans who voted in Ohio this year. In 2008, the black percentage of the electorate was 11 percent. In Virginia and Florida, exit polls showed the same share of African-Americans turned out as four years ago, something that GOP turnout models did not anticipate.

“We didn’t think they’d turn out more of their base vote than they did in 2008, but they smoked us,” said one Romney operative. “It’s unbelievable that that they turned out more from the African-American community than in 2008. Somehow they got ‘em to vote.”

African-Americans supported Obama nearly universally, but Obama still only won Ohio by 1.9 percent.

“We just didn’t see the enthusiasm with their base,” he added. “We had enthusiasm on our side. So we thought, ‘Yeah, we’re gonna win this.’ … We hit our numbers in rural areas. When Fox called it, we still thought we had a chance based on what we could figure was in and what was still out.”

On a rainy and dreary post-Election Day here, as Romney staffers turned in their Blackberries at campaign headquarters and huddled for a late-afternoon staff meeting, most were more focused on housekeeping than re-litigating strategic decisions. They were disappointed but circumspect, although a more exhaustive review is planned in the next few days.

Inside tight-knit Romneyworld — where many of the GOP nominee’s senior aides have worked together since Romney’s time as Massachusetts governor — there was a sense Tuesday that the White House was within reach. Over the last few weeks, especially after Romney’s strong Denver debate performance, some staffers were openly speculation about jobs they might nab in a Romney administration and discussed what the shape of the transition effort. By Wednesday, many were looking for work but taking the long view.

At the Boston convention center where Romney conceded in the wee hours of Wednesday morning, Romney’s high command — including Eric Fehrnstrom and Kevin Madden — looked glum. Hugs and handshakes were exchanged after Romney spoke for five minutes and then stood on stage with his family and his running-mate Paul Ryan.
After getting some sleep, a senior campaign official praised the skill of his opponents in Chicago, saying Obama’s team ran a “technically proficient campaign.”

“People really did think we were going to win,” he said. “I thought going into yesterday that we could and would win. You’ve got to give them a lot of credit: They changed the electorate.”
Romney bundlers and mega donors were optimistic Tuesday afternoon as they mingled in the Westin Boston Waterfront hotel lobby, picking up their donor packets and prepping for a private party before what they believed would be a Romney victory.
Romney’s team believed that it would be hard to lose if they won independents, but it happened. They said they thought they could perform as well with men as Obama did with women, but they didn’t. They thought there would be fewer young voters in 2008, but turnout was roughly on par.
Obama campaign officials noted Wednesday that they had years to build up a field operation that was often not visible to the other side. The director of Obama outreach to African-Americans in Ohio oversaw a barber shop and beauty salon program that helped register new voters and distribute literature. A Congregations Captains Program helped the campaign arm supporters in traditionally African-American congregations with what they needed to mobilize other parishioners.
“Obviously there was still room to grow,” said an Obama campaign official. “We didn’t reach 100 percent capacity in 2008.”
Internally, Hurricane Sandy received a share of blame. The campaign’s messaging mavens say they lost several key days where they couldn’t roll out attacks because of the storm. Worse, Romney had been attacking Obama for being small — and his response to the storm made him look big. A key component of Romney’s closing argument was that Obama could not work across the aisle, a campaign official said, but then the president wandered around New Jersey with GOP Gov. Chris Christie.
“No one here is expressing any regret,” an adviser said. “It’s the nature of the game….This was not McCain ’08…You have an organization with a few hundred people worth a billion dollars. There will be days with disagreement, no doubt…But there’s a sense of camaraderie.”

The candidate himself isn’t coming out unscathed. Given his background at Bain Capital and reputation as a details and data-driven employer and candidate, many Republicans are also questioning whether Romney was personally engaged enough in key decisions.
Meanwhile, the bundlers and mega donors who put their reputations on the line — helping raise more than $1 billion for the Romney operation — continued to praise the finance team as first class. But there is little love lost among them for pollster Neil Newhouse and chief strategist and ad maker Stuart Stevens.

Simply put — many GOPers said that when the dust settles, the verdict will be this was an election that Romney should have won.
Fred Malek, who chaired Sen. John McCain’s (R-Ariz.) 2008 presidential bid, said that Romney and his campaign team ran a good race, but that in the final weeks all of the breaks were in Obama’s favor — from the positive jobs reports to the storm interrupting Romney’s momentum coming out of the debate.
“People are going to carp, but many of us are in this for the long term, and probably don’t like to lose. It’s democracy and if we want to spend time recriminating or criticizing or going after what could have been, that’s not healthy, it’s not going to help,” he said. “These things ebb and flow a bit, it just happened to ebb at the wrong time for us.”
Perhaps the Romney insiders in Boston drank a little too much of their own Kool-Aid. Huge crowds are common for both sides in a campaign’s closing days. Romney himself was moved by an unplanned massing of a thousand well-wishers who waited for him at the airport in Pittsburgh Tuesday afternoon.
“You know intellectually I’ve felt we’re going to win this and have felt that for some time, but emotionally just getting off the plane and seeing those people standing there – we didn’t tell them we were coming, we didn’t notify them when we’d arrive, just seeing people there cheering as they were – connected emotionally with me,” he told reporters on the flight from Pittsburgh to Boston before polls closed. “I not only think we’re going to win intellectually, I feel it as well.”
Romney said on that flight that he has no regrets.
“I feel we have put it all on the field,” he said. “We left nothing in the locker room. We fought to the very end.

Mazars and Deutsche Bank could have ended this nightmare before it started.
They could still get him out of office.
But instead, they want mass death.
Don’t forget that.
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Re: The 2012 "Election" thread

Postby Luther Blissett » Thu Nov 08, 2012 11:18 am

Elvis wrote:
82_28 wrote:I just watched the end of that video of the ranting asshole


I didn't watch it, I can't take stuff like that anymore, at least not for awhile. Leading up to the election I had too many conversations with a variety of anti-Obama/pro Romney people (emphasis on the anti-Obama) people. Some are smart and know how to dodge questions, but not smart enough, I guess, to vote their own interests. The loudest haters consistently hold the strongest opinions based on the flimsiest knowledge.

They divide the world into a stark polarity: you're either a sane "conservative" or an idiot "lib" who lives on government handouts. They start sentences with phrases like, "If you knew any history, you'd know why libruls are evil" etc. If you then bring up any actual history, they simply and abrubtly move on, thumbing their greasy, dog-eared checklist---Kenyan! Muslim! Kenyan Muslim! Marxist Kenyan! Kenyan Marxist Muslim Apologizer! The recipe for rightwing rumor stew is well known.

DrEvil wrote:The problem with idiots like this is that they are too damn stupid to understand that they are stupid. This guy probably thinks he's a genius, and that anyone who actually is smarter than him is an idiot.
There's really no point in trying to argue with these people. Coherent sentences just pisses them off even more.


That's exactly what I'm talking about, and it seems like there are so many of them.

Their ignorance, often wilful, is just shocking, and they're the ones who blame and revile teachers' unions! Auuugh!!

Anyway, I did learn something: you cannot reason with such people. It's a waste of time, and in fact it energizes them.


Particularly distressing to me, as it describes my father so well, and it's estranged us. I haven't spoken to him in a few months but I can't imagine what he thinks of this election. He was never a particularly well-read man, especially compared to my mother, but as a surveyor who listens to the radio all day, he gets pretty much all of his information from right-wing talk radio, notably Michael Savage:

Michael Savage anticipates that if Obama reelected that will be the last election!

Popular radio talk show host Michael Savage is the son of Russian immigrants and is very familiar with Soviet and European history. Savage warned his listeners this week saying, "I have to tell you that if this man, God forbid, is the next president of the United States, we're going to be living in something along the lines of - people say Europe. I don't believe it's going to be like Europe - I think it will be closer to Chavez's South American dictatorship.

"This is the most corrupt, incompetent, dangerous tyrannical administration in American history. It's not politics as usual. It's not just Democrats versus Republicans. Obama has a long history of being at odds with American values and with America itself and the core principles of this country. They don't want government-sponsored opinions. They only want government-sponsored 'Pravda.' That's exactly what the government-media complex tells you on a daily basis - nothing but the government-media complex party line. Pay attention. Your freedom may be at stake."…


DECKER: 5 Questions with Michael Savage
‘Our society is being turned into a sort of prison camp’

What comes to mind is George Orwell’s famous saying from the 1930s that the more he hears people screaming freedom, freedom, freedom, the more he hears their chains rattling. I think that about sums it up. Today we have people who think that they are wild and free and crazy because they are engaging in risky, insane, round-the-clock sex, using drugs, defying everything decent in society. But that’s not freedom, is it? That’s not even anarchy. What it is, is simple conformity. That’s all it really is.


da fuq is he even talking about?
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Re: The 2012 "Election" thread

Postby seemslikeadream » Thu Nov 08, 2012 11:39 am

Luther Blissett wrote:
da fuq is he even talking about?


There will always some who stay in Bill Maher's bubble
Image
Mazars and Deutsche Bank could have ended this nightmare before it started.
They could still get him out of office.
But instead, they want mass death.
Don’t forget that.
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Re: The 2012 "Election" thread

Postby seemslikeadream » Thu Nov 08, 2012 11:45 am

:)
Hippies Wander Into the Lions' Den, Maul Lions

3 NOV 7 2012, 3:10 PM ET 417

Let us review:
The United States of America -- a country where only eight years ago, opposition to the right of gay and lesbian couples to form and protect their families, under the color of law, was a winning national election strategy -- for the first time by popular vote defeated an effort to discriminate against such families in one state, and endorsed the right to marry in three others.
This same United States sent a woman who is gay to its upper chamber.
The United States of America, where legal marital rape is in living memory, turned away two men who would minimize that rape and likely turned control of the entire Senate over that issue.
The United States of America, where under the color of law and under the force of terrorism whole swaths of black people were deprived of the right to vote in recent memory, saw black voting not only match levels achieved in 2008 but exceed them.
The United States of America, a country of immigrants, saw the Latino share of the vote increase, not decrease as so many predicted.
The United States of America, whose prison system is a mockery of justice, endorsed a mature and sane drug policy in three states.
The United States of America, where the disenfranchisement of women is in recent memory, sent a historic number of women to its upper chambers.
The United States of America, whose media has long been held hostage by the vendors of hair-tonic and lead alchemy, saw those self-same vendors shamed, embarrassed, and reduced to self-mockery before the world.
The United States of America, a country with the vending of black people barely out of living memory, with the systemic white supremacy very much in its living memory, re-elected a black president.
That president is the killer of Osama bin Laden. That president, a black man, a card-carrying member of this country's pariah class, is now seen by Americans as its most effective guardian. That president is the pivotal figure in what must be one of the most progressive nights in American history, and arguably the most progressive night in American history in some 40 years.

I am not sure what more to make of this. I would not say that the battle is over, but that some monster of American history, some wraith, some awful Power went into battle last night, and is presently limping away mortally wounded. The beast-handlers know this. I think it's broadcast in Bill O'Reilly's open racism, in Karl Rove's flight into lunacy. It is slowly dawning on them: This isn't 1968. The hippies are punching back.
Mazars and Deutsche Bank could have ended this nightmare before it started.
They could still get him out of office.
But instead, they want mass death.
Don’t forget that.
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Re: The 2012 "Election" thread

Postby JackRiddler » Thu Nov 08, 2012 12:54 pm

compared2what? wrote:It was those Fed-held mortgage securities I was really trying to check, though. I didn't want to have been harder on her than she deserved in the event that they weren't agency-backed. But that's exactly what they are -- straight-up Fannie Mae/Freddie Mac issue, implicitly guaranteed by the government ever since the New Deal brought it into being.


Fannie/Freddie, which operated as private shareholder companies prior to their failure, and the Fed have both taken over prodigious quantities of MBS paper originally issued by Wall Street banks (i.e., not originated by Fannie/Freddie). While these represent assets, it is unclear what their real value is and in cases of mortgage default realizing that value means foreclosure and eviction -- with potentials for unintended consequences such as depressing the market and further dropping the value, as well as spreading poverty and desperation with its impact on the economy. Can you check those numbers -- how much of current "Fannie/Freddie" and "Fed" holdings is actually originally Wall Street MBS?

Technically, that is debt. But I'd hate to see how she characterized the Social Security program if she thinks it's either fair or accurate to call the Fed's holding of them a public liability that benefits banksters and just leave it at that.


Well she hasn't done that yet.

The Fed didn't fucking set the interest rate at zero as a matter of monetary policy in order to create jobs. It's at zero because it can't go lower. And they're desperately trying to raise it. That's why they're buying shit.


It's at zero to stabilize the banking system, in part by allowing them to borrow at zero and buy bonds (such as Treasuries) at higher-than zero. Essentially a publicly subsidized arbitrage for Wall Street. Also, technically it is untrue that it can't go lower. One possibility (not currently in view) is in fact to set negative interest rates on select debt instruments held by public institutions, gradually relieving and reducing the debt burden on the people.

Why don't you repost all this on the Wall Street thread, and I'll follow suit? Since it's not quite in the right monster thread any more, I hope you'll agree. Pretty please.
We meet at the borders of our being, we dream something of each others reality. - Harvey of R.I.

To Justice my maker from on high did incline:
I am by virtue of its might divine,
The highest Wisdom and the first Love.

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Re: The 2012 "Election" thread

Postby seemslikeadream » Thu Nov 08, 2012 1:34 pm

11.08.12 - 10:31 AM
Hubris, Denial and the Bubble of Entitlement: Meet President-Elect Romney
by Abby Zimet
Image
The arrogance and delusion of the Romney campaign - and, some might say, the entire GOP - surfaced this week with a sighting of Romney's transition website, described as "all ready to go" and featuring a "Believe in America" section explaining, "President-elect Romney has a vision for an American century..." The site, and vision, are no longer available, but some folks got screenshots anyway.

"President-elect Romney...believes that liberty, opportunity, and free enterprise have led to prosperity and strength before and will do so again."



White People Mourning RomneyImage
Mazars and Deutsche Bank could have ended this nightmare before it started.
They could still get him out of office.
But instead, they want mass death.
Don’t forget that.
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Re: The 2012 "Election" thread

Postby seemslikeadream » Thu Nov 08, 2012 4:22 pm

There Is No Future for the Republican Party

JACQUELINE MARCUS FOR BUZZFLASH AT TRUTHOUT

The powerhouse super PAC contributions to both candidates went down on record as the largest money-ball race in history. Election time is Christmas at Wal-Mart for the corporate networks. You could probably buy a resort home in Hawaii for the cost of three presidential prime time campaign ads.

The question is did all that money influence voters? Let’s just say that corporate money doesn’t have quite the power of persuasion the oligarchs thought it would have. Arguably, the Supreme Court's 2010 Citizens United ruling is eroding our democracy. Nevertheless, Americans are pretty good at seeing through deceptive political ads such as the blatantly false and sleazy Romney ad that accused President Obama of shipping Jeep Chrysler jobs to China.

This 2012 election proved a few encouraging lessons: that Democrats who are enormously outspent by their Republican opponents can still win elections. So what’s a sold-out industrial Republican to do in light of this revelation? “Independent conservative groups are going to have to come to terms with the fact that they spent more than $700 million -- 70 percent of all of the reported independent spending in the 2012 election -- and walked away with little to show for it.” (Paul Blumenthal, HuffingtonPost.com)

Why do they have little to show for it? As discussed by MSNBC’s political team and acknowledged even at FOXTV, the Republican Party is a shrinking dinosaur party of old white male racists (my words) who are directly clashing with the new voting demographics across America.

Should it surprise anyone except Mitt Romney that they lost? Consider the following issues that cannot be easily dismissed with stacks of dirty money:

1. The Middle Class Economy Factor

2. The Ron Paul Factor (end the wars and defense spending)

3. Corporate tax welfare Factor

4. The Global Warming Factor

5. The Diversity Factor

6. The Women’s Rights Factor

7. The Obama Health Care Factor

First, Americans rejected Romney’s idea of jobs for Americans i.e. third world sweat shop jobs with no unions, no benefits, low wages, no regulations on poor working conditions and policies that would allow industrialists to pollute ad infinitum with impunity.

Second, Americans, including the Ron Paul voters, rejected more unnecessary defense spending for expansion of wars. Thus Romney’s promise to increase defense spending by $two trillion dollars, when the nation’s debt primarily grew out of Bush’s wars, was met with disapproval.

Third, Americans reject corporate welfare tax benefits for millionaires and billionaires at the expense of public social service jobs and programs (veteran benefits, schools, hospitals, post offices, fire and police, infrastructure, college grants, etc) a plan that Romney embraced and behind closed doors expressed with his infamous “47% are victims” remark.

Fourth: Romney underestimated Americans’ genuine fears over global warming. Hurricane Sandy made a mockery of Romney’s RNC speech that “Obama wants to heal the planet and stop rising sea levels.” Campaigning for Big Oil & Coal and threatening to end all green energy progress when we’re facing extreme climate change disasters did more damage to Romney than he could possibly know.

Fifth: Younger generations from a growing diversity of ethnic backgrounds, including the gay community, cannot relate to Romney’s Pleasantville elitist-segregated-golf club-society, if Republicans haven’t noticed. They haven’t. Hence, there is no future for the Republican Party.

Sixth: This is not the 1940s. The issue of contraceptives and abortion rights are “dated”; we’ve won those battles, it’s 2012.

Seventh: Middle-class Americans definitely appreciate affordable options for health care coverage; they don’t want Paul Ryan vouchers to replace their Medicare. In short, they don’t want Obama Care repealed.

You add it all up together and no amount of money can change these basic, common sense concerns. Furthermore, contrast the rich diversity of individuals at the Obama camp with the pale faced suits at the Romney camp and you’ll get the picture of a shrinking, aging Republican Party that’s out of touch with reality, “…nothing’s gonna change my world…” could be their theme song.

As for a farewell song to Mitt Romney, perhaps “The fool on the hill…” would be an appropriate selection. Arrogant right up to the end, blinded by ambitious greed, Romney was his own worst enemy.

Day after day,
Alone on a hill,
The man with the foolish grin is keeping perfectly still
But nobody wants to know him,
They can see that he's just a fool,
And he never gives an answer,

But the fool on the hill,
Sees the sun going down,
And the eyes in his head,
See the world spinning 'round


White people mourning Romney
Image
Image
Mazars and Deutsche Bank could have ended this nightmare before it started.
They could still get him out of office.
But instead, they want mass death.
Don’t forget that.
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Posts: 32090
Joined: Wed Apr 27, 2005 11:28 pm
Location: into the black
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