Member since: Fri May 8, 2009, 12:59 AM
Number of posts: 6,946
Number of posts: 6,946
This is a pretty good piece, but it does ignore the elephant in the room that corporate sponsors have often boycotted progressive media. A few years ago, a confidential ABC was disclosed that showed several sponsors specifically boycotting progressive shows. Conversely, Fox News and Rush Limbaugh get a significant amount of money from corporate sponsors and the 1 percent who are eager to support the spread of these viewpoints.
Next week, when WWRL 1600 AM flips its format from progressive talk to Spanish-language music and talk, New York will have no left-leaning commercial talk station for the first time in decades — an ironic development just as an unabashedly liberal mayor and City Council are set to take office.
Posted by TomCADem | Sun Feb 16, 2014, 12:27 PM (21 replies)
Gone are the days where you a million dollar contribution from George Soros was considered huge. Nowadays, if you score the support of a Koch Brother or Sheldon Adelson, you can have one donor singlehandedly make your campaign viable. They do not even have to contribute to you. They can just throw a hundred million in attack ads against Democrats generally.
The race for a 2016 super-PAC sugar daddy is on.
Posted by TomCADem | Wed Feb 12, 2014, 11:36 PM (1 replies)
Source: Yahoo Finance
Republicans filed out of a closed-door strategy session today without a final decision on how to approach the coming debate over raising the debt ceiling, according to The Washington Post. But a report issued by the Congressional Budget Office Tuesday morning may help make the decision for them.
Many congressional Republicans believe that they should not raise the nation’s borrowing limit unless President Obama agrees to give them something in return. Approval of the Keystone XL pipeline or a repeal of the so-called risk corridors in the Affordable Care Act are the two items topping their potential wish list. The CBO report might shift the balance between those options because it projects that the risk corridor program, which Republicans have insistently characterized as a bailout of the insurance industry, will probably generate a net profit for the federal government.
The risk corridors are a temporary measure to protect insurers from unexpectedly large losses in the first few years of the health care law’s implementation. Companies that incur costs from medical claims that are significantly higher than expected would be compensated by the government, and those with costs that are significantly below expectations would have to pay back part of that windfall, also to the government.
A joint analysis by the CBO and Congress’s Joint Committee on Taxation found that in the coming years, the government will pay out an estimated $8 billion to insurers as part of the risk corridor program. That will be offset, however, by an estimated $16 billion paid back to the government by health insurers. The CBO had previously projected that the risk corridors would have no net impact on the budget.
Read more: http://finance.yahoo.com/news/obamacare-bailout-actually-saves-8-194100056.html
In addition to Republican lies about the ACA costing 2 million jobs, the so-called "bailout" talking point is also full of lies. The very same CBO report that Republicans cite note that the repeal of the risk corridor provisions that Republicans call a bailout would increase the deficit by $8 billion. Sadly, since Republicans would rather the ACA fail than help people, they probably see this as a good result. Increase misery for political effect sort of like a Christie created traffic jam.
Posted by TomCADem | Wed Feb 5, 2014, 12:03 AM (10 replies)
The fact that WSJ seriously attempts to defend Perkins' comparison of President Obama's attacks on income inequality with Adolph Hitler just underscores just how removed from the norm the one percent are.
Tom Perkins’s letter to The Wall Street Journal last week, in which he compared liberal attacks on the one percent to the Holocaust, was an anthropologically useful document that displayed the deranged persecution complex that afflicts large segments of America’s superrich in the Obama era. Lest you think Perkins is merely one slightly addled old man, who has slipped into a Howard Hughes–esque cosseted stupor, today the Journal devotes an editorial to defending him.
Posted by TomCADem | Fri Jan 31, 2014, 12:07 AM (8 replies)
The amazing thing is the WSJ's demand that President Obama defend the rich and denounce any attacks on income inequality.
So don't kid yourself. Today, they're coming for Bentleys. Tomorrow, they'll come for Aston Martins. The time to speak out is now.
Posted by TomCADem | Fri Jan 31, 2014, 12:02 AM (13 replies)
The cable media has been blaring the right wing talking points about President Obama going wild with Executive Orders, but meanwhile in the real word, the fact is that he has issued few such orders:
Posted by TomCADem | Thu Jan 30, 2014, 11:57 PM (6 replies)
Even when a Republican admits the truth on a talk show that Republicans were responsible for the shutdown, the MSM ignores this, and does not retract its false equivalency stories blaming both sides for the government shut down.
Posted by TomCADem | Sat Jan 25, 2014, 11:00 PM (16 replies)
Source: Talking Points Memo
Venture capitalist Tom Perkins compared liberals' push to reduce inequality in the United States to Nazi Germany's war on Jews.
In a letter to the editor published in The Wall Street Journal Perkins, a founding member of Kleiner Perkins Caufield & Byers, asks whether a "progressive Kristallnacht" is coming. Perkins's letter is in response to an editorial on speech codes at American colleges.
"Writing from the epicenter of progressive thought, San Francisco, I would call attention to the parallels of fascist Nazi Germany to its war on its "one percent," namely its Jews, to the progressive war on the American one percent, namely the "rich," Perkins wrote in the letter to the editor.
He continued that he perceives "a rising tide of hatred of the successful one percent. There is outraged public reaction to the Google buses carrying technology workers from the city to the peninsula high-tech companies which employ them."
Read more: http://talkingpointsmemo.com/livewire/tom-perkins-liberal-war-one-percent-kristallnacht
The irony is that Perkins is complaining about the caricature of rich people as being evil, yet he was convicted of involuntary manslaughter for killing a man with his yacht, which does make him an evil rich person.
Posted by TomCADem | Sat Jan 25, 2014, 10:48 PM (30 replies)
Source: The Columbia Dispatch
WASHINGTON — The number of people enrolled in private health insurance under the federal health-care law has soared by more than one-third in recent weeks to about 3 million, according to government data released yesterday.
Marilyn Tavenner, administrator of the U.S. Centers for Medicare and Medicaid Services, announced the preliminary tally in a blog posting. She forecast that enrollment through new federal and state health-insurance marketplaces would continue to grow in coming weeks as a public-outreach campaign accelerates.
The data adds to evidence that President Barack Obama’s administration has turned the corner on enrollment since a botched Oct. 1 launch. It also shows that officials might still reach their initial goal of signing up 7 million people for coverage before the current enrollment period ends on March 31.
* * *
The latest tally is close to the 3.3 million mark that the administration originally expected by Jan. 1 and reflects a January gain of about 800,000 enrollees, or 36 percent, from the 2.2 million total reported this month for the period of Oct. 1 through Dec. 28.
Read more: http://www.dispatch.com/content/stories/national_world/2014/01/25/obamacare-enrollment-climbs-to-3-million.html
Posted by TomCADem | Sat Jan 25, 2014, 10:41 PM (4 replies)
Source: Huffington Post
WASHINGTON -- House Republicans selected Rep. David Schweikert (R-Ariz.), who is on the record questioning whether humans are causing climate change, to head of the Science Committee's environment subcommittee.
Schweikert will replace Rep. Chris Stewart (R-Utah), who moved to the House Appropriations Committee. He said he plans to use his new post to target the Obama administration's regulatory agenda.
"Too often, this Administration has tried to bypass Congress and impose its will on the American people through regulatory fiat,” Schweikert said Thursday in a statement, The Hill reported. “We have a responsibility to provide a check-and-balance to ensure there is fairness and openness in the process and that taxpayers are not being subjected to onerous and unnecessarily burdensome rules and regulations."
A main component of the Obama administration's environmental work is new limits on power plants' greenhouse gas pollution. Schweikert has argued that the idea of man-made global warming may be "folklore."
Read more: http://www.huffingtonpost.com/2014/01/16/house-science-schweikert-_n_4613145.html
Even as residents of West Virginia are told not to drink or use their tap water, Republicans continue to attack the Obama administration for over regulation.
Posted by TomCADem | Fri Jan 17, 2014, 10:46 AM (5 replies)