Open thread October 12, 2012 Dan Crawford | October 12, 2012 7:51 am Tags: open thread Comments (5) | Digg Facebook Twitter |
just something different this time; a flash mob of musicians in spain…
James Kwak manages a very useful shredding of NPR Planet Money hack Adam Davidson here: http://truth-out.org/opinion/item/12059-434-309
Davidson tries to claim that Bogama and Rmoney’s tax policies are not so different, calling the difference a “rounding error”. That’s some rounding!
Ryan, the admiral, tried to say the US will have the smallest navy its had since WW I. How many more super ships, each class unmatched, a tin can destroyer at $3B a piece does this tiny navy need to bankrupt grandma?
In 1942 when the US was beginning to push the Japanese back CV 10 (the tenth carrier) was still being built) and the US had several carriers covering convoys in the Atlantic. Today the US Navy operates twelve super carriers the largest navy ships in the world by about 60% over the nearest allies’ carriers.
Oh the draconian cuts, 9% off 170% of the 2002 DoD budget, those cuts imposed by his own fiscal cliff deal of 2011.
Bad, we learned that Ryan spews malarky which is Irish for horse feathers.
Worse, Ryan says the Obama team got a clean sheet on the economy in Jan 2009!
Even Worse, the Romney/Ryan needs conditions why the US should leave the quagmire in Afghanistan rather than have reason of strategy that might work to justify continuing to bankrupt the US and losing precious soldiers.
Worst, Ryan/Romney want to win the hearts and minds of Ayatollahs, to make our allies think the US is serious.
The only thing Romney/Ryan are serious about is destroying the New Deal.
McClatchy provides a useful reminder of the sources of the financial crisis here: http://www.mcclatchydc.com/2008/10/12/53802/private-sector-loans-not-fannie.html
Sorry free market anti regulation sociopaths. Turns out the worst bets were made by the least regulated entities.
More “good stuff James Kwak wrote” here: http://baselinescenario.com/2012/10/12/why-taxes-should-pay-for-health-care/
This time he’s explaining why voucher care won’t work can’t work. (If by work you mean improve affordability of health care for all citizens)