Daily Kos: Lawrence A. Welsch

Ya gotta Love Michael Bloomberg - courtesy of SNL

LWelsch

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Sunday October 16, 2011 · 10:56 AM PDT

2011/10/16 · 10:56

Too good to miss!

Power to the People

LWelsch for Protest Music

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Tuesday October 11, 2011 · 3:06 AM PDT

2011/10/11 · 03:06

Occupy Wall Street brings back memories. This oldie but goodie captures the mood I see at OWS.

As an old DFH I relate.

How can we use OWS to elect more and better democrats?

LWelsch

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Saturday October 08, 2011 · 8:25 AM PDT

2011/10/08 · 08:25

Some republicans used the Tea Party to elect what they considered to be more and better republicans. OWS and Tea Party members (not leaders) have they same complaints. They feel like they are being screwed and they damn well do not want to take it any more. Elements of the far conservative right used this feeling to put their agenda into place, the agenda of less government and less taxes. Unfortunately this austerity package is screwing everyone even more.

Now to be simple we need more government and more taxes. More government for such things as building infrastructure, improving infrastructure, more regulations, improving health care, providing benefits for the elderly, improving education, providing for inexpensive energy, reducing global warming, and on and on. To pay for this there needs to be more taxes on those who can afford to pay those taxes.

Stop Children What's That Sound

LWelsch for Protest Music

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Thursday October 06, 2011 · 11:28 PM PDT

2011/10/06 · 23:28

Paul Krugman's column Confronting the Malefactors starts with "There’s something happening here. What it is ain’t exactly clear." It brought back memories of For What It's Worth.

I also loved Crosby Stills Nash and Youg's version below

I am mad as hell and I am not going to take it any more

LWelsch

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Saturday October 01, 2011 · 4:28 AM PDT

2011/10/01 · 04:28

As I listen to the media I keep hearing this need to boil down "occupy wall street" to a simple 30 second sound bite. I also hear this need for the "occupiers" to solve all the problems in 30 seconds or less. Even Countdown calls for "clarity."

The truth is simple. The occupiers are pissed off, angry, upset, at a whole lot of different issues. As Howard Beale said:

The 30 second sound bite is that we are mad as hell and we are not going to take this anymore.

Inflation should be a concern

LWelsch

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Friday September 30, 2011 · 12:49 AM PDT

2011/09/30 · 00:49

BUT, and this is a big but, unless we deal with both the underlying needs of people and the underlying causes of inflation simultaneously we will enter a period of stagflation that will cause the world to go into a world depression that will rival the Great Depression. Why?

There are many complicated forces driving the economy. To reach a basic understanding of what is happening one needs to understand and deal with the underlying forces. First let us look at supply and demand. When supply goes down and demand goes up prices tend to rise. This is economics 101. Right now supply on two key resources is going down. One is energy and the other is food. The demand for both of those resources is going up.

The MSM is EFFing Democrats yet again

LWelsch

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Saturday September 24, 2011 · 3:08 AM PDT

2011/09/24 · 03:08

I am pissed at the "so called liberal" Washington Post. There is a fight going on in congress and the Washington Post reports all political fights. In Partisanship flares again, thwarts passage of stopgap funding bill the Post reports: "But Democrats decided to pick a fight over a side issue: an insistence by the GOP to pay for more disaster relief funding by cutting a popular auto-industry loan program."

Democrats no more decided to pick a fight than Republicans did. From my perspective Republicans threw the first blow by their "insistence . . . to pay for more disaster relief funding by a cutting a popular auto-industry loan program." The vote earlier in the House should have given Republicans fair warning.

Government shutdown looms again

LWelsch

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Thursday September 22, 2011 · 2:48 AM PDT

2011/09/22 · 02:48

I raised this ugly issue in my diary End of September there is yet another hostage. Many here assured me that I was wrong and the new law covered spending for next year. You were wrong. A headline in today's Washington Post is Funding bill’s defeat shows House GOP’s tenuous grip. On the web the article may be found here GOP House leaders rebuked on spending. On the web front page headline reads Stopgap spending bill fails in the House; shutdown looms.

The bottom line is the budget fight continues. The issue this time is that the republican majority cannot pass a continuing resolution over democratic objections to how to pay for FEMA spending. And there is a little more to it than that.

GOP leaders were unable to overcome objections from Democrats who believed the bill did not do enough for disaster victims and from conservative Republicans who wanted to use the measure to cut government spending more deeply.

Continuing resolutions typically do not last more than a couple of months and if agreement has not been reached need to be brought again. Yeah some sort of compromise is expected, but the comments on my last diary were wrong.

"part of a pattern of fits and starts?"

LWelsch

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Saturday September 10, 2011 · 4:23 AM PDT

2011/09/10 · 04:23

The closing paragraph of Charles Blow's op-ed Rise of the Fallen? reads as follows.

Thursday’s jobs speech was a good start toward a positive change if, indeed, it was a genuine start and not part of a pattern of fits and starts. The president was on fire, but the jury is still out on whether that fire was just another flash of light or a source of sustainable heat and whether some people would rather freeze than warm to him.

I ask the question was the speech a part of "a pattern of fits and starts?" Read More

A quick note to Markos "kos" Moulitsas

LWelsch

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Thursday September 08, 2011 · 1:15 PM PDT

2011/09/08 · 13:15

I too loved your tie on Countdown with Keith Olbermann. Now that you appear regularly on the show, I look forward to seeing you and more important listening to what you have to say. Your points are well make and give me pause for thought. I hope that someday you guest host Countdown and eventually become a host to a news show. I also think you would make a great DNC chair.

Oh well we can all dream.
Larry Welsch

Jobs - The worst scenario

LWelsch

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Thursday September 08, 2011 · 4:46 AM PDT

2011/09/08 · 04:46

Tonight is the night of the big speech. The bets are the proposal will be somewhere between three hundred to four hundred billion dollars. A good deal of money will be for extending unemployment insurance and for payroll tax cuts. To keep giving people money who are unemployed is good, but does not add money to the economy to create demand, it only maintains the status quo. The payroll tax cuts do add money to the economy, but at the cost of hurting social security.

Another relatively large amount of money will go so that teachers and other public workers can keep their jobs. I say relatively because even four hundred billion dollars is small change compared to what I think is needed, two trillion dollars this year followed by another thirteen trillion over the next fourteen years. The money for teachers and public workers is well spent and needed, but does not create new jobs. It is a maintain the status quo strategy.

Another relatively large chunk of money will go encourage businesses to hire. When there is demand businesses don't need encouragement to hire and when there is no demand no amount of encouragement will cause a business to hire. So this is pure waste.

Finally there is a tiny amount of money to repair infrastructure. Yes this will create new jobs and this spending is absolutely necessary, but this is like putting a band aid on a wound that needs stitches. Worse, we need new infrastructure, not just old infrastructure repaired. Again this is money well spent but hardly enough.

The big issue that needs immediate attention, global warming, will not even be addressed. Much less issues like inexpensive energy, research, development, trade agreements, or a WPA to get people productive once more.

So the proposal from the president will most likely be inadequate to reducing unemployment and putting the country on track to pay down the deficit. But that is not the worst that can happen. I will address that below.

Is the democratic party self immolating?

LWelsch

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Sunday September 04, 2011 · 11:32 AM PDT

2011/09/04 · 11:32

I am frightened of the republicans. Never in the sixty plus years of my life have I seen such a destructive party. 9/11 changed everything. Most profoundly 9/11 changed the republican party. The 2002 election was a watershed election for venom. I still remember the advertisements against Senator Max Cleland, a genuine American hero who lost limbs during the Vietnam War. The charge that he was unpatriotic was sickening. Republicans ran on hatred and won. This same sickening tactic was used to reelect President Bush in 2004. But for Katrina republicans might have won in 2006. John McCain ran a gentle campaign in comparison. Sarah Palin was the snake and thank heavens she lacked fangs, but she sure tried to bite Obama.

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