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Member since: Fri Oct 19, 2012, 11:01 AM
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Now we see what happens when the GOP picks a fight with someone other than food stamp recipients.

This article sums up in a nutshell the phrase "whose your daddy?"

"Wall Street is warning Washington Republicans: The money spigot is turning off.

Rep. Dave Camp’s tax proposal — which jacked up taxes on banks and threatens the bottom line of some major private equity players in New York — has infuriated donors in high finance.

Big banks want to turn Republicans against the bank tax. The situation puts the party at risk of seeing a reliable source of campaign cash dry up right in the middle of a critical election year.

The tax proposal itself is not even expected to get a vote in the House, since it’s so unpopular among most Republicans. That Wall Street would react so ferociously to a dead-end bill is a reminder of how hard a powerful player is willing to fight to protect its interests in Washington.

Some House Republicans are already trying to calm the waters.

House Majority Leader Eric Cantor (R-Va.) told lobbyists at a lunch in D.C. Thursday that Camp’s bill was merely a “draft.” One lobbyist in attendance got the impression Cantor thought the plan was going nowhere. Rory Cooper, Cantor’s spokesman, said he didn’t say this “directly or indirectly.”

Rep. Tom Cole (R-Okla.) said that since the legislation isn’t going to be voted on — lawmakers can use it as a talking point“It allows you to tell your energy people ‘Look, I’m on your side,’” Cole said. “It lets you distance yourself from parts that are unpopular.”

Even before the draft was released, leadership was trying to make the case that this was only the beginning of a long discussion on tax policy. Boehner’s chief of staff Mike Sommers and policy director David Stewart huddled with roughly 50 lobbyists in Naples, Fla., earlier this month after the NRCC retreat. Camp’s tax package was causing a lot of consternation. People attending the meeting walked away with the impression that the bill, which many were nervous about, would not see any floor time.

Other Republicans are trying to isolate Camp, saying it’s his draft, and doesn’t represent the view of the party, writ large.

Read more: http://www.politico.com/story/2014/02/wall-street-republicans-dave-camp-bank-tax-reform-104065.html#ixzz2udAp33DD
Posted by politicaljunkie41910 | Fri Feb 28, 2014, 12:12 PM (4 replies)

Is there already a discussion thread on DU about the New Republic article on Christie? If so where?

Fascinating stuff, but already it has taken me all morning to read it. It's a long one. Don't want to start another thread if there is one already.

Posted by politicaljunkie41910 | Thu Feb 13, 2014, 01:08 PM (7 replies)

Compelling article on Huff Post article written by a used-to-have.

I guess Huff Post is doing a series of articles written by those who are chronically unemployed. Today's story is written by a free-lance writer named Kathleen Ann, a former corporatist, with a degree from a prestigest university. I haven't read any of the other articles but I was moved the most by the comments of those who are also used-to-haves.

"...I'm lucky to be in Massachusetts, where my health care is paid for, and fortunate to be of sound health and mind. But on days when I feel hopeless, I can envision myself 20 years from now, living in hardscrabble poverty. Female friends my age who are in similar financial circumstances are terrified of the future. If we can't get decent paying jobs today, there's little hope of getting a corporate job with benefits in the future. And during the past few years as we've struggled, we went through all of our savings, 401(k)s and anything left in the bottoms of our pocketbooks. So we can see ourselves as old, pathetic bent-over women, living in bus shelters, our ragged belongings in supermarket carts. ..."

I worry about my three children, all adults, college grads, and thankfully employed; at least for today. The fact that the GOP members of congress have sat on their collective behinds for the past 5 years, with their "let them eat cake mentality" and done nothing to help this economy create and grow jobs that will pay a living wage, should have us all storming the halls of congress.

With the lazy a$$, false equivalency reporting, lame stream media, continuing to perpetuate the myth that both sides are to blame, and that things might be better if President Obama just smoozed a little more with members of the opposite party, (the party who by the way was plotting their do-nothing-agenda on inauguration day 2009) defies logic. The fact that the GOP made it clear from day one that their goal was to make Barack Obama a one-term-president, evidently at even their own constituents expense, continues to defy logic that they haven't been run out of town long ago. And now the pious Sen Tom Coburn, says he wants to assemble a Constitutional Congress (once he's out of office) to downsize the role of government while he continues to draw a salary for the remainder of the calendar year, for being a member of the least productive congress in the history of the institution is appalling.

America had better wake up. What's left of the middle class had better wake up. Working people in the Red States had better wake up and see that the Koch Brothers and their ilk don't give a damn about whether you live or die, sink or swim. Working class people of America from Red States and Blue States had better come together, and turn back the advances of the Oligarchs before it's too late.

Posted by politicaljunkie41910 | Fri Feb 7, 2014, 11:52 AM (4 replies)
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