The Extremely Liberal Podcast on Diversity, Guns, Lance, Emos & The GOP!

Recorded on January 16, 2013, we pontificate about diversity in the President’s cabinet, Newtown & gun safety, the latest “Emo” opportunism, Lance Armstrong and the ongoing fun of watching the wheels come off the Republican party. Notice we now have an RSS Feed (upper-right column). Go on, give us a listen.

To download the mp3, right click and “Save As” (67 mb).

Soledad O’Brien Challenges The Republican’s Attack On Amb. Susan Rice

I love it when Soledad O’Brien gives the press a lesson on how to be a journalist and digs down deeper into the GOP’s idiotic arguments and faux outrage. The Republican party thinks that their audience is stupid and the vast majority of the press actually is stupid and lets politicians get away with the crap that McCain and Graham are attempting. The fact that while John McCain and Lindsey Graham were holding their very serious, cranked to 11, press conference screaming about not having information about Benghazi while other Senators were being briefed on the incident, pretty much says it all.

Watch as Soledad O’Brien and Charles Blow make Republican congressman Joe Heck look rather foolish and reveal how misguided the Republican attack on Ambassador Susan Rice is.

My thoughts And Some Links On The Eve Of The Election

I thought I’d put down a few thoughts before tomorrows important election. I’ve been sick for the last week with a terrible cold and it has interfered with my plans to post like hell in the lead up to the election.

This race has been fascinating in so many ways. The Republican party is in shambles, with no adult supervision or guidance. Mitt Romney is a pathological liar with money, a dangerous combination.

Many books will be written about this election and I’ve been thinking hard of writing one myself. I’ve also thought about a documentary or two surrounding what happened in 2012. So many ideas, so little time.

I’m particularly fascinated by the collective failure of the media to do their jobs. In my 50 years on this planet, I’ve never seen anything like it. Sure, there are examples of some great journalists who have done awesome work over the last year, but as a group, the media has failed miserably by all standards.

I thought I’d direct you to some great reads that I’ve come across over the last few days of blowing my nose, coughing and sneezing.

If you haven’t heard about or read the piece by Mike Allen and Jim Vandehei in Political titled “Lessons Learned from 2012”, you should go take a look at it. In my opinion, they are basically outing themselves as racists…but they probably don’t even realize it. In many ways, they are revealing what many other journalists have been more subtle about when they talk “demographics” in polls and particularly that all important “white vote”. Several people have written responses to it, including Steve Benen at the Maddow Blog and Joy-Ann Reid from The Grio.

The idea that Hurricane/Superstorm Sandy was the reason for Romney’s momentum coming to and end is a bunch of crap, if you ask me. I never saw his “momentum” after the first debate as anything more than what it was, a media hyped bounce – one kept afloat by the hot air coming out of most of the media, left and right, and of course the Romney campaign as well. The great Nate Silver had a go at that idea at his NYT’s Fivethirtyeight blog. Go give it a read.

Steve Benen also had an excellent summation of Romney’s meandering campaign.

The entire line of attack seems rather sad — it’s more forced than sincere — but the larger takeaway is that the Romney campaign has spent months chasing after every shiny object that catches their eye.

This campaign is going to be about “the private sector is doing fine”! Wait, scratch that, it’s going to be about “you didn’t build that”! Oh, actually, on second thought, it’s going to be about the “redistribution” quote from 1998! Hold on, now it’s going to be about “you can’t change Washington from the inside”! On second thought, it’s going to be about “not optimal”! No, wait, it’s going to be about characterizing developments in the Middle East as “bumps in the road”!

This is precisely why I’ve compared Team Romney to small children playing soccer, running wildly to wherever they see a bouncing ball, whether it’s strategically wise or not. There’s certainly nothing wrong with a campaign taking advantage of new opportunities, but haphazardly shifting from one out-of-context sound bite to another is evidence of an unfocused candidate in search of an effective message.

If you missed Michael Smerconish’s endorsement of President Obama, go read it. He’s a conservative, in case you weren’t aware.

The excellent, AWARD WINNING BLOGGER, Angry Black Lady posted Chris Rock’s appeal to white voters. Of course, it is funny as hell, it’s Chris Rock.

I’ve been camped out at Nate Silver’s Fivethirtyeight blog for the last couple of weeks. As I’m sure most of you know, he looks at all the polls and sorts through them to come up with damn accurate predictions. As of this moment, 6:29 pm, he has President Obama’s chances of winning at 86.3% and his projected electoral tally at 307.2. Because he doesn’t play the game of bouncing from one poll to the next but rather combines them, weights them and comes up with more accurate estimates, many in the media aren’t big fans. They of course rely on the latest poll to write their stories for them and Nate just takes all the air out of their balloons. Pundits have taken some shots at him recently. He took one back at them as quoted in this piece.

And last but not least, Fox News has been going berserk over trying to create a controversy over the terrorist attack in Libya that killed 4 state department employees. Bob Cesca has a great clip of Geraldo Rivera standing up to Eric Boiling on Fox News, check it out. Truth comes to Fox News for a change.

I hope to be feeling better tomorrow and will hopefully be up to posting some more thoughts.

Here is a link to a message from my granddaughter.

PLEASE VOTE.

Talking Voter Suppression, Racism And Lies on The Extremely Liberal Podcast

Another great discussion with one of my smart and liberal friends.

Running Time: 1:04:00

To download the mp3, right click and “Save As” (46 mb).

(Apologies for the sound quality, I pulled a rookie mistake. I’ve heard worse though.  :)

Still Undecided, Consider This!

I know a lot of people don’t obsess over politics like I do, so I thought I would try to boil things down to some basic points.

There is a clear choice in this election. If we just look at one thing about each candidate for president, the differences are obvious.

Both President Obama and Governor Romney graduated from Harvard University. What each did after leaving Harvard speaks volumes about their character.

Mitt Romney headed to Wall Street and procured funding for a business venture from some shady folks from Latin America. He built a business that specialized in raiding failing corporations, getting as much money as they can out of them and then liquidating the assets, firing the employees and moving on to the next victim. I found this breakdown of Bain’s business model that I think sums it up pretty good.

Bain Capital, under Romney’s leadership, had one goal: take the money and run. More specifically, their highly successful process goes like this:

  1. Take over a company
  2. Borrow millions against the assets
  3. Procure millions more in taxpayer funded grants and low-interest loans
  4. Put the millions in grants and loans in their pockets
  5. File for bankruptcy and hightail it out of town, asap

Kinda sleazy if you ask me…did you ask me?

Barack Obama could have headed to New York, Wall Street or anywhere he wanted to after serving as the president of the Harvard Law Review…kind of a nice resume piece, you know. But instead, he chose to go to Chicago and help people. Two years after leaving Harvard, he took a job with a church based organization called the Developing Communities Project, which was a group of Catholic charities formed to help people suffering through layoffs and plant closings in the Chicago area. The project went on to win many awards and help countless people in Chicago pull themselves up by their bootstraps. Barack Obama then went on to teach constitutional law and entered the state legislature where he began his career in politics, continuing his goal of helping people.

So yeah, there is a clear difference between President Obama and Governor Romney. I go with the guy who helps people, how about you?

Romney’s One Point, “Magic Bullet” Plan To Fix Everything

With the passing of Senator Arlen Specter, I was reminded of the “magic bullet theory” he devised while working for the Warren Commission investigating the assassination of President Kennedy. I couldn’t help but see a parallel to Mitt Romney’s singular solution to all the country’s problems – more tax cuts for the 1%. He believes that cutting tax rates that benefit the wealthy disproportionately and rolling back regulations that President Obama put on Wall Street after the 2008 crash, will somehow fix everything.

Just forget about Bush’s tax cuts in 2001 & 2003 that added $3 trillion dollars to the national debt and ignore the fact that in the years after those tax cuts, America lost 8 million jobs during the Bush recession, which was handed to our newly elected president. And of course, you should also forget that the Republican leaders, including Paul Ryan, met on President Obama’s inauguration day to plot complete obstruction of the new president for political reasons.

Let’s call Romney’s one point plan what it is, TRICKLE DOWN ECONOMICS. The belief that if we just coddle the rich, they will, in their benevolence, share the wealth with the rest of us by supposedly creating jobs. Just ignore that new Jaguar they are driving, or the 4th home in the Hamptons or the Rolex watch that is weighing down their Bermuda tanned arms. It will trickle. Really!

The concept of supply-side economics has been thoroughly tested and thrown on the trash pile. We only have to look at Mitt Romney’s personal history to see a perfect example of how giving even more to those who don’t need it, won’t do a damn thing for the rest of us. Where is Mitt Romney’s money at? IN THE FUCKING CAYMAN ISLANDS, BERMUDA AND IN SWISS BANK ACCOUNTS. Do you think that money will ever trickle down to you?

Mitt Romney is a walking example of how greed and selfishness only creates more greed and selfishness.

Businesses don’t create jobs unless there is a demand for their products or services. It would be fucking stupid to do it otherwise. It’s why they do market analysis and studies to determine whether there is demand. When there is demand, businesses expand and create jobs. No demand, no reason to expand. Any business person who says they will create jobs if we just give them more disposable income is applying Romney’s “greed is good” principle and probably has an eye on a new car or vacation home.

If the government were to invest in rebuilding our infrastructure – roads, bridges, schools, railroads and other foundations of our country that we all rely on – real people will get those jobs like construction workers, teachers, contractors, firefighters, suppliers of the materials for the projects and many more businesses that support those industries. And when those people receive their paychecks, they will create demand for products and services and give a reason for the 1% to actually invest in new jobs. We don’t have to rely on their benevolence, they will do it because it makes business sense.

Here is an analysis that shows the difference between the effects of spending versus tax cuts.

The most widely cited studies include those by the Congressional Budget Office, economists Alan Blinder and Mark Zandi, and economists James Feyrer and Bruce Sacerdote. These reports find a range of values for each program. In these studies, the “bang for the buck” value—what economists call the “multiplier,” or how many dollars of economic activity is fueled by one dollar spent—for overall social protection ranges from 0.8 to 2.31. Separately, Blinder and Zandi report a value of 1.61 for unemployment insurance and 1.74 for food stamps.[2]

Research by Urban Institute economist Wayne Vroman estimates that one dollar spent on unemployment insurance fuels between 1.7 and 2.1 dollars of activity in the overall economy.[3] According to these studies, the value for a dollar of spending on infrastructure ranges from 1 to 2.5, while the value for aid to state and local governments ranges from 0.7 to 1.8.

The analyses value middle-class tax cuts, such as the Making Work Pay tax credit that gave tax credits of $400 ($800 for couples), as generating between 0.6 and 1.5 dollars of additional economic activity; the value of extending the Alternative Minimum Tax patch for high-income earners for an additional year ranges from 0.2 to 0.6 dollars of additional activity. And the analyses value the extension of the housing tax credit for first-time homebuyers, providing credits up to $8000, in the Recovery Act from 0.3 to 0.9.[4]

As you can see, putting money in the hands of consumers who will spend that money does a lot more to spur economic activity. Handing money over to the rich and hoping they create jobs with it is just plain stupid.

President Obama has been working hard to pass legislation like the American Jobs Act that would create an estimated 1.9 million jobs, but the obstructionist Republican party isn’t interested in creating jobs while President Obama is in office. They should be shown the door on November 6 for letting petty politics keep America from recovering from the mess that the GOP congress and President Bush created in the first place.

There is an easy solution, vote Democratic across the board and send a message to the Republicans that American workers are more important than politics.

Cross posted at Angry Black Lady Chronicles

Well Rehearsed Liar Declared Debate Winner, Honest & Classy President Real Winner

I’m sorry that I don’t have time to write much today, Thursdays are my busy day molding young minds into good liberals. (Joking, I don’t talk politics with students!)

In lieu of writing something new, I decided to post highlights from my Twitter rants since the debate ended last night.

I will never accept that someone who told blatant lies, turned his back on his own policies and was overly aggressive and rude, won an American presidential debate.