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The month of August was a bad month for climatologist worried about climate change, starting with the news from Russia about the "Siberian crater mystery." Well, the month of August is going out with another jaw dropper, the trouble seems to bubbling up from all around us now.

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So what is behind this sudden turn of events... Wall Street!

The suicide mission of the Republican Party just got a whole lot more interesting yesterday when one of the largest hedge funds sold all of its US Treasury bonds because of the impending default... and a run on US Treasuries would actually bankrupt this nation!

The Wall Street plutocrats freaked out, including the Koch brothers because they realized they could lose BILLIONS... if the loony tune Teabaggers they paid to get into congress are stupid enough to actually push the US over the edge.

We have had Rand Paul, Tom Coburn, and the rest of the crazies saying that the default is no big deal... and the Koch brothers realized... they wanted to run the economy and rule the government... not destroy it.

Maddow connects all of the dots better than any other report on this...

Gop's Big Money Backers sow party confusion

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Poll

What do you think the Democrats should do with the new GOP offer?

3%3 votes
80%71 votes
0%0 votes
15%14 votes

| 88 votes | Vote | Results

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By now Senator Wendy Davis' name has ricocheted from coast to coast and is becoming a household name, but the MSM reporting left a huge part of the story out... She didn't do this alone! Texas Democrats, men and women turned out to support her by the thousands!

More than just turning out... those demonstrators actually saved the day and carried Wendy across the finish line. The bill would not have been stopped without them!

Rachel Maddow did an outstanding report last night and explained what happened and showed the footage that tells the whole story and how the people of Texas played a significant role in the victory:

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Wed Feb 06, 2013 at 10:23 AM PST

Wall Streets Really Bad Day continues...

by Flint

Bob Swern published an excellent diary today titled, "Closely-Watched Court Decision Breaks Bad for Wall St. Has A Day of Reckoning Arrived?" But there is even more to the story that has got to make Wall Street's hemorrhoids ache...

I highly recommend Bob's Diary:
"Closely-Watched Court Decision Breaks Bad for Wall St. Has A Day of Reckoning Arrived?"
http://www.dailykos.com/...

We are all very familiar now with the stories of organized mortgage fraud by the big banks and while to our great shame none of the Banksters have been tried or convicted of anything, there have at least been court cases brought by the DOJ that have resulted in fines for some of their illegal activity.

This is little consolation for the amount of theft and human misery that they have caused, but it is at least something even if it sends an entirely wrong message to people everywhere… that you can get away with anything if you have enough money.

A kid can be sent to jail for possession of a joint but run a global Ponzi scheme that defrauds millions of investors out of literally trillions of dollars, throws thousands of people out of their homes and on to the streets, costs millions their jobs, and brings the world’s economy to its knees and what did the Banksters get? The Banksters got fines that while to the average person seem large, in reality to them they were little more than a slap on the wrist and many have been allowed to stay in business and even collect bonuses!

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Tue Dec 11, 2012 at 01:49 PM PST

Raising the Age on Medicare???

by Flint

We need to talk about this issue before any deal is struck by the White House and let them know how we feel about it. David Johnston makes really good points in the video on why we should be calling the White House on this one!

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Poll

Raise the Age on Medicare?

32%18 votes
3%2 votes
25%14 votes
39%22 votes

| 56 votes | Vote | Results

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The GOP is constantly warning of European Socialism and pointing to their wrecked economies to stoke deficit fears,but they aren't telling the truth, those countries went to austerity budgets years ago! President Clinton, the "Explainer in Chief" lays it out here that austerity budgets will make our economy a train wreck as it has all across Europe.

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Ezra Klein and leading economist do a masterful job of debunking the latest GOP conspiracy theory... "The Jobers."

Having lost his leading stump speech talking point of unemployment being above 8% for over forty months, Romney seized on the "more people have stopped looking for work" which also has been debunked!  

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So Obama has officially brought the country back to where it was when he was first sworn in... and that is the death of Romney's second talking point... "Obama's policies have made the situation worse."

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Every once in a while politicians slip up and the truth comes out of their mouths. Recently Mitt Romney had one of those rare moments and while his campaign has been detail free on the specifics of what they would actually do if elected this one shows his intent.  

Romeny Slips up and Calls  America a company:

Romney's 5 Point Business Plan for America.

It is a page that millions of Americans will recognize... because it comes right out of the "corporate leverage buyout" playbook that has put millions out of work.

1. Harvest profit centers and sell them off = Privatize the postal service, privatize education, privatize all healthcare, privatize the military supply chain… already sold to Halliburton and companies like the renamed Blackwater by Bush.

2. Liquidate Assets = Sell off federal lands and their oil and mineral rights.

3. Reduce payroll by laying off personnel and off-shoring manufacturing jobs to cheap overseas labor markets = shrink government by getting rid of public employees (teachers,firemen, policemen, postal workers,FDA inspectors and the list goes on!)

4. Get rid of pension plans to reduce overhead = Get rid of medicare, medicaid and social security

5. Provide dividends to key investors for continued support = massive tax cuts to the .0001%ers funding his campaign and buying congress through lobbyist.

Does any of this sound familiar to you... it does to me when I take the 10,000 foot up vantage point on what the Romney campaign is selling... his business experience.

Like the “good” vulture capitalist pitch men they are, Romney and Ryan are saying anything, promising anything no matter how inflated or untrue, to win the election and get control of congress and USA Inc.

Politics these days have left Americans yearning for the return of the respected "Elder Statesman", men with stature and integrity like Lincoln, Adams, and Jefferson. Sadly though what we get, more often than not, are politicians with all the veracity of  a used care salesman. The recent radical makeover of "Moderate Mitt" is a perfect case in point and really has raised the bar for Machiavellian machinations.

Mitt Romney debates himself

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Sat Sep 01, 2012 at 11:52 AM PDT

Mr. Romney's Business Plan for America

by Flint

Every once in a while politicians slip up and the truth comes out of their mouths. Recently Mitt Romney had one of those rare moments and while his campaign has been detail free on the specifics of what they would actually do if elected this one shows his intent.  

Romney's Business Plan for America.

It is a page that millions of Americans will recognize... because it comes right out of the "corporate leverage buyout" playbook that has put millions out of work.

1. Get control of the company = Say anything, promise anything no matter how inflated, to win the election and get control of congress

2. Harvest profit centers and sell them off = Privatize the postal service, privatize education, privatize all healthcare, military supply already sold to Halliburton by Bush etc. etc.

3. Liquidate Assets = Sell off federal lands and mineral rights.

4. Reduce payroll by laying off personnel = shrink government by getting rid of public employees (teachers,firemen, policemen, postal workers,FDA inspectors and the list goes on!)

5. Get rid of pension plans to reduce overhead = Get rid of medicare, medicaid and social security

6. Provide dividends to key investors for continued support = massive tax cuts to the .0001%ers funding his campaign and buying congress through lobbyist.

Poll

How many of you have been through a corporate downsizing because of a leverage buyout?

38%15 votes
35%14 votes
23%9 votes
2%1 votes

| 39 votes | Vote | Results

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I just listened to Ryan's speech and it was a great speech... the only problem was that this snake oil salesman was selling lies to the true believers.

It took every ounce of willpower I had to listen to that pile of steaming reichwing crap, which while masterfully delivered by Ryan with his baby blues staring right into the camera with that so sincere look of his... and tell one blatant lie after another.

So forgive me... follow me under the magic squiggle while I vent so I can get some sleep!

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Rachel Maddow is God's gift to journalism. She gets the back stories that other media pundits miss and while the whole MSM is focused on Ryan's budget and its impact on Medicare... she digs out the story of Ryan's record on women's healthcare rights in detail.

Ryan is no moderate on social issues and with her usual sense of humor she opens the story on Ryan... but it quickly turns to a devastating report on Ryan's extremism.

There is little that I can add... the video at the link says it all!

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Fri Mar 23, 2012 at 02:17 PM PDT

Kos... You're gonna love this one!

by Flint

This is too funny especially in light of your post on the War on Women and election year demographics and the gender gap.

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