“
On Monday, Mr. Obama struck the right balance, emphasizing that he wasn’t attacking private equity but was questioning Mitt Romney’s Bain Capital credentials to be the job creator in chief. That’s fair, particularly because Mr. Romney himself has been foolishly reweaving history to claim, as recently as last week, that he helped create 100,000 jobs during his time at Bain. In fact, Bain Capital — like other private equity firms — was founded and managed for profit: ideally, huge amounts of gain earned legally and legitimately. Any job creation was a welcome but secondary byproduct.
Adding jobs was never Mitt Romney’s private sector agenda, and it’s appropriate to question his ability to do so.
” —Steven Rattner, the former Obama administration official, clarifying his position.
“Adding jobs was never Mitt Romney’s private sector agenda” should be repeated over and over.
Those ‘Big Ideas’ of Newt now include bankruptcy. Wife #3 looks proud.
The non-partisan Office of Legislative Services is predicting revenues will fall $1.3 billion short of the Christie administration’s latest projections, according to a memo obtained by The Star-Ledger.
In March, OLS and the Christie administration were already $537 million apart on revenue projections through fiscal year 2013, with the OLS anticipating a slightly lower revenue rebound. Now the gap is $1.3 billion, thanks to poor April revenue figures, according to a memo advising lawmakers in advance of the critical hearing Wednesday.
“We now project the two-year revenue total $1.3 billion less than the amount in the governor’s budget message,” OLS budget chief David Rosen said in the memo. “Our downward revisions to the revenue forecast for the major taxes are in line with the trends we have been observing.”
Christie is a buffoon. Of course the GOP loves him.
Sen. Marco Rubio (R-Fla.) delivered a rather aggressive speech in South Carolina the other day, and argued, among other things, that the Republican Party is “a more diverse party than the Democratic Party is….”
Fact is, the GOP’s demographic troubles are getting worse, not better.
The Republican presidential primary campaign so far hasn’t produced a nominee, but it has had one clear outcome — worsening the GOP’s image among the young, the better-educated and the non-white.
That finding, from the Pew Research Center survey released Wednesday, could be a serious handicap for the party in elections this fall and in years to come, said Pew’s director, Andrew Kohut.
“The Republicans really are the party of white people, and especially older white people,” Kohut told reporters as the poll was released.
The GOP: scared, old, white people.
(Source: MSN)
“I think Schumer can probably find the legislation to do this. It existed in Germany in the 1930s and Rhodesia in the ’70s and in South Africa as well. He probably just plagiarized it and translated it from the original German.” —
Grover Norquist, on Sen. Chuck Schumer’s (D-N.Y.) bill to penalize Americans who renounce their citizenship to evade taxes [see Facebook co-founder Eduardo Saverin]
There is nothing quite as classy as calling a Jewish person a Nazi.
(Source: realitychex.com)
Wall Street Journal calls bullshit on Republican myth.
“Government spending under Obama, including his signature stimulus bill, is rising at a 1.4% annualized pace — slower than at any time in nearly 60 years.”
Romney is the ‘severely conservative’ businessman running as politician who wants you not to look at his business record during his campaign.
He’s the sleazy used car salesman who says, “trust me”.
And for the GOP/Tea Klan to worry about who Obama had coffee with 20 years ago in Chicago, to pull this ‘Bain is not fair” BS is classic conservatism: inconsistent and hypocritical.
Guardian:
“Facebook shares have fallen sharply on a second day of trading, leading to questions about the valuation of its IPO and the handling of the sale by its bankers.”
“If I thought that call was coming, I would disconnect the phone.” —
Indiana Gov. Mitch Daniels (R), quoted by Yahoo News, on potentially being picked as Mitt Romney’s running mate.
Who wants to be on a losing ticket?
Champion American complainer Jamie Dimon complained on Monday about Wall Street regulation, while also insisting he not be described as a complainer. All the while, his bank’s losses, partly resulting from lax regulation, continued to grow.
An initial $2 billion trading loss has likely resulted in a total loss of more than $30 billion, when you include a 19 percent drop in the bank’s stock price. By itself, the trading loss alone might balloon to more than $6 billion, according to one estimate.
The anti-regulation GOP thinks not recognizing risk is American. That’s what gets you in this ‘too big to fail’ bailout scenario that Bush and company pulled in 2008.
What kind of conservative would not reduce risk in their lives? So counter to their rhetoric.
(Source: The Huffington Post)
“I don’t know whether Barack Obama was born in the United States of America. But I do know this, that in his heart, he’s not an American. He’s just not an American.” —
Rep. Mike Coffman (R-Colorado), speaking to supporters. Coffman later said he “misspoke.” (via officialssay)
How is quoting verbatim from the GOP/Tea Klan ‘birther handbook’ misspeaking? He knew exactly what extremist dog whistle he was blowing.
(via brooklynmutt)