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Fed eyes more asset purchases in 2013

Wednesday, November 14, 2012

Fed eyes more asset purchases in 2013 (via AFP)

The Federal Reserve is mulling additional asset purchases next year to boost jobs amid a fragile economy, the minutes of a policy meeting released Wednesday showed. With the current $45 billion a month "Twist" asset adjustment program scheduled to end in December, the minutes suggested that the Fed…

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Fox News labels Nancy Pelosi as a Republican

Fox News labels Nancy Pelosi as a Republican (via Raw Story )

Fox News on Wednesday identified as Democratic House Leader Nancy Pelosi as a Republican. During a the 10 a.m. ET hour, Fox News anchor Martha MacCallum and reporter Peter Doocy broke the news that Pelosi would be remaining as the minority leader while an on-screen graphic indicated that the California…

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If your side lost the election, time to secede from the Union?

If your side lost the election, time to secede from the Union? (via The Christian Science Monitor)

Are they just sore losers? Or are they, rather, champions of free speech exercising their right of protest against a president they didn't vote for? The answer, like the outcome of the 2012 election itself, may lie in the eye of the beholder. Either way, an attention-getting, post-election petition…

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Obama's post-election Syria policy is unlikely to change, but it should

Obama's post-election Syria policy is unlikely to change, but it should (via The Christian Science Monitor)

Before the election, several domestic factors and strategic concerns constrained President Obama’s action on the Syria crisis. Fears that missteps (really, any steps) would become political fodder for Republicans and the feelings of war-weary voters conspired against a more forceful US strategy for…

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High school denies transgender teen access to men’s washroom

High school denies transgender teen access to men’s washroom (via Raw Story )

Durham, North Carolina’s Clarke High School has reportedly denied 16-year-old James Spencer access to the school’s men’s washroom. According to the Toronto Star, Spencer, who is transgender, came to the school to get away from constant harassment and bullying at his old school, but now feels…

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Israel pushes back on Palestinian bid for new UN status

Israel pushes back on Palestinian bid for new UN status (via The Christian Science Monitor)

With no progress on Israeli-Palestinian negotiations in four years, Palestinians are seeking a global mandate for statehood at the United Nations. They hope the bid will revive momentum for a sovereign Palestinian state living alongside Israel. If the Palestinians move forward, Israel is threatening…

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Surging storms: Can the US adapt in time to avert coastal damage?

Surging storms: Can the US adapt in time to avert coastal damage? (via The Christian Science Monitor)

An afternoon breeze tousles the waters of a tiny harbor here at the mouth of Narragansett Bay – nothing like the heavy winds, rain, and storm surge superstorm Sandy brought to the East Coast as October ended. Armed with a cordless drill, Andrew Waite, a US Geological Survey (USGS) hydrologist, drops…

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Sea Level Rise Accelerating Along The U.S. Atlantic Coast


Sea Level Rise Accelerating Along The U.S. Atlantic Coast (via Planetsave)
  The rates of sea level rise along the U.S. Atlantic Coast are increasing 3 to 4 times faster than they are globally, according to a new report by the U.S. Geological Survey. “Since about 1990, sea-level rise in the 600-mile stretch of coastal zone from Cape Hatteras, N.C. to north of Boston, Mass…

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Obama pledges to push comprehensive immigration reform

Obama pledges to push comprehensive immigration reform (via AFP)

President Barack Obama said Wednesday he plans comprehensive immigration reform soon after his inauguration to a second term, laying out a pathway to legal status for those in the country illegally. Obama, speaking at his first White House news conference since his re-election November 6, noted the…

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Raving lunatic, @GlennBeck: Obama ‘set up’ Petraeus to ‘discredit the military’





Beck: Obama ‘set up’ Petraeus to ‘discredit the military’ (via Raw Story )

Conservative radio host Glenn Beck is accusing of President Barack Obama’s administration of a manufacturing former CIA Director David Petraeus’ sex scandal as a plot to “discredit the military.” “This is a set up,” Beck said on his Tuesday broadcast. “This is spontaneous, they just found…

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Wisconsin GOP lawmakers support arresting federal officials over Obamacare





Wisconsin GOP lawmakers support arresting federal officials over Obamacare (via Raw Story )

Nine Republican state lawmakers in Wisconsin have said they would support a bill arresting federal officials for implementing the Affordable Care Act. According to the Milwaukee Journal-Sentinel, the group — Reps. Chris Kapenga (R), Don Pridemore (R), Erik Severson (R), Tom Larson (R) Rog Hutton (…

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Russert demands to know if Pelosi is too old to lead House Democrats





Russert demands to know if Pelosi is too old to lead House Democrats (via Raw Story )

While announcing her decision to remain House Minority Leader Wednesday morning, Rep. Nancy Pelosi (D-CA) blasted NBC correspondent Luke Russert for suggesting she was hurting the party because of her age. The exchange began when Russert told Pelosi, “colleagues privately say that your decision to…

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Colbert sees ‘Robo-Cheney’ running in 2072





Colbert sees ‘Robo-Cheney’ running in 2072 (via Raw Story )

The thought of having to deal with four more years of presidential prognostication drew a spit and a sneer from Stephen Colbert Tuesday night. “Fuck you!” he raged after seeing a CNN clip already forecasting contenders for the 2016 electoral race. “I have had it! I’m a human being, goddamn…

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Maddow mocks hilariously awkward GOP presser, ‘Nothing to see here!’





Maddow mocks hilariously awkward GOP presser, ‘Nothing to see here!’ (via Raw Story )

Tuesday night on “The Rachel Maddow Show,” host Rachel Maddow informed viewers that Tuesday was officially “orientation day” for newly elected members of the U.S. House and Senate. Given that some races are still being counted, “Orientation day,” Maddow said, “was a little more awkward…

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Darwin Award Nominee?: ‘Romney face tattoo guy’ claims Republicans paid him $15,000 to do it





‘Romney face tattoo guy’ claims Republicans paid him $15,000 to do it (via Raw Story )

If Republicans thought they were shocked when Mitt Romney lost to President Barack Obama last week, just imagine how this guy felt. When Eric Hartsburg, of Michigan City, tried to auction off a part of his face on eBay for $15,000 last September, he probably wasn’t expecting that someone would win…

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Key West man writes ‘F*ck Obama’ on will and then kills himself





Key West man writes ‘F*ck Obama’ on will and then kills himself (via Raw Story )

A tanning salon owner in Key West who blamed the president for his personal problems has killed himself after writing “Fuck Obama” on his will. Michael Cossey told police that his partner, 64-year-old Henry Hamilton, had promised that “if Barack gets re-elected, I’m not going to be around,”…

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Latino groups continue pressure on Arizona over uncounted ballots

Latino groups continue pressure on Arizona over uncounted ballots (via Raw Story )

A new video posted by the activist group Presente.org showed members illustrates efforts by Latino voters in Arizona to make sure their votes are counted. The video, shot during a Nov. 9 demonstration in Maricopa County, shows members of Presente and other community groups delivering a petition with…

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Bill Maher: Racist troglodytes dragging back the GOP





Bill Maher: Racist troglodytes dragging back the GOP (via Raw Story )

During an appearance on Current TV’s Viewpoint, comedian Bill Maher said Tuesday that Republicans could probably shift their policies on immigration and taxes, but would probably still have racists within their ranks. “The racial stuff, that is going to be harder for them,” he said. “I saw…

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Jon Stewart destroys Papa John’s CEO: Should’ve pushed for single-payer





Jon Stewart destroys Papa John’s CEO: Should’ve pushed for single-payer (via Raw Story )

On his show Tuesday night, The Daily Show host Jon Stewart slammed businessmen who laid off employees after President Barack Obama was re-elected, claiming that these “job creators” were merely using Obamacare to “wriggle out of the social contract.” The late-night comedian told companies like…

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Teatard Denial: Stefano Demands 'Serious Conversation' on Closing Tax Loopholes

Via Crooks and Liars
On a conference call with House Republicans, Speaker John Boehner gave them some much-needed medicine as he tells them to fall in line.
On a conference call with House Republicans a day after the party’s electoral battering last week, Speaker John A. Boehner dished out some bitter medicine, and for the first time in the 112th Congress, most members took their dose.--
It was a striking contrast to a similar call last year, when Mr. Boehner tried to persuade members to compromise with Democrats on a deal to extend a temporary cut in payroll taxes, only to have them loudly revolt. -- 
“To have a voice at the bargaining table, John Boehner has to be strong,” said Representative Tom Cole of Oklahoma, one of the speaker’s lieutenants. “Most members were just taught a lesson that you’re not going to get everything that you want. It was that kind of election.”
(Remainder here)

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Fox Noise Revives Swift Boat Ad to Attack Kerry Over Defense Secretary Rumors

Via Crooks and Liars

Fox News on Tuesday aired a discredited "Swift Boat Veterans for Truth" ad in response to reports that Sen. John Kerry (D-MA) was being considered as the next secretary of defense. 

"This would be a remarkable brute insult to the men and women in uniform," Fox News strategic analyst Ralph Peters told host Megyn Kelly in reaction to a Monday Washington Post report that President Barack Obama was considering Kerry to replace Defense Secretary Leon Panetta. "To nominate for secretary of defense a man who made his military career trashing our military, criticizing it, who told lies about war crimes in Vietnam... and I don't want to hear, 'John Kerry's a combat veteran.' So is Benedict Arnold." "Are you out of your mind?" shot back Michael Meehan, who served as senior communications advisor to Senator John Kerry’s 2004 presidential campaign. "John Kerry got the Silver Star for his service in Vietnam. He went twice -- signed up, volunteered twice to serve in the war. This is not about running for president and 'Swiftboating' people."...(Remainder here).

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Wall St Huckster Jamie Dimon Thinks Obama Is Antagonistic Toward Business

Via Crooks and Liars Mark Gongloff, who writes about the financial markets for Huffington Post, caught this whiny exchange between poor oppressed Jamie Dimon and hard-hitting, ass-kissing talking head Maria Bartiromo on CNBC. It's even more bewildering when you think how frequently the Obama administration has bent over for the bankers, but for some people, nothing is enough...(remainder here).

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How Republicans Stole the Election... Again


Via Crooks and Liars

Rep. Peter King (R-NY) seems to think that Republicans in the House of Representatives were given a “mandate” by voters allowing them to prevent tax cuts for the rich from expiring, despite exit polls showing voters overwhelmingly support tax hikes. “[T]he fact is, in Congress, the American people have returned a Republican House of Representatives. So we also have, if you want to call it, a mandate.”

Except that’s not quite true, Mr King, and you know it. The American people didn’t vote for a Republican House, the Republicans didn’t actually win the House, and therefore there is no mandate. 53,952,240 votes were cast for a Democratic House candidate compared to 53,402,643 cast for a Republican; in other words, over half a million more Americans voted for Democratic House candidates than for Republican candidates. Republicans received less than half of the vote for members of the House of Representatives, and even lost seats in the House this election. Yet Republicans still took 55 percent of the seats in the House. In effect, they had to steal the House. Here’s how...(Remainder here)

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