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Latest Articles: The Water Cooler

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Santorum: ‘I Want To Go To War With China’
Post Date: 2011-10-12 14:06:46 by Brian S
2 Comments
At Tuesday’s The Washington Post/Bloomberg Republican presidential debate, former Pennsylvania Sen. Rick Santorum declared that he actually wanted “to go to war with China.” Fellow candidate Mitt Romney promised that if elected, he would immediately label China as a currency manipulator, but added, “I don’t want a trade war with anybody.” “You know, Mitt, I don’t want to go to a trade war,” Santorum remarked. “I want to beat China. I want to go to war with China and make America the most attractive place in the world to do business.” GA_googleFillSlot('RS_V3_STORY_EMBEDDED_300_2');Watch this video from Bloomberg TV, broadcast ...

Plumbers send Joe down the drain [Full Thread]
Post Date: 2011-10-12 13:55:54 by Skip Intro
107 Comments
As Joe Wurzelbacher, aka “Joe the Plumber,” looks for support for a possible congressional run, he won’t find a lot of backing in one particular demographic: Plumbers. Some of the nation’s most notable plumbing trade organizations are reacting to news of Wurzelbacher’s run with disinterest or, in one case, disgust. Rick Terven, Sr. is with The United Association of Journeymen and Apprentices of the Plumbing and Pipe Fitting Industry of the United States and Canada (know simply as “UA” to the 340,000 members it claims) and writes POLITICO in an email: “As you know both Dennis Kucinich and Marcy Kaptor are also considering this race and have stood ...

Romney Goes Neocon
Post Date: 2011-10-12 12:43:06 by Brian S
1 Comments
Last week Mitt Romney gave a hawkish speech at The Citadel, South Carolina’s revered military academy, during which he rained shot on President Barack Obama's national security policy like Old Ironsides dismasting the Guerriere. That Obama subscribes to the apologize-for-America wing of liberalism is no surprise to anyone, nor is the fact that Obama has failed to maintain and promote U.S. supremacy. The problem with Romney’s speech was not what he said, but what he left out. Romney’s solution to Obama’s failures was to announce a national security team made-up of Bush-era Neocons and to propose that we spend not just more, but a whole lot more on the military. ...

GOP debate is wicked [Full Thread]
Post Date: 2011-10-12 11:30:40 by Skip Intro
63 Comments
The Republican race has turned into “The Wizard of Oz.” Rick Perry wants a brain. Mitt Romney wants a heart. And any number of candidates are Dorothy, realizing there is no place like home and they should have stayed there. Herman Cain is seeking courage. He needs the courage to face the fact he is never going to be the Republican nominee, no matter how well he does in the polls. He needs the courage to settle for something far better than the presidency: His own show on Fox. They all march down the yellow brick road that leads not from rally to rally or, heaven forbid, voter to voter, but from debate to debate, like the one held Tuesday at Dartmouth College in Hanover, N.H. ...

Mitt Romney Solidifies His Front-Runner Status In Republican Debate
Post Date: 2011-10-12 00:16:42 by Brian S
6 Comments
By Philip Rucker and Amy Gardner, HANOVER, N.H. — A comfortable and confident Mitt Romney solidified his front-runner status on Tuesday night in the battle for the Republican presidential nomination, navigating 90 minutes of tough questions on the economy from his rivals and debate moderators. All eight Republican hopefuls who shared an intimate roundtable on the debate stage at Dartmouth College clamored to blame Washington for the country’s economic ills. In turn, they pointed fingers at President Obama, the Federal Reserve and the government in general, although they sparred over the details of their plans to grow the economy. During The Washington Post-Bloomberg GOP ...

Occupy Wall Street: Coming To A Mansion Near You
Post Date: 2011-10-11 19:11:50 by Brian S
0 Comments
NEW YORK (CNNMoney) -- Occupy Wall Street is on the move ... uptown. Why uptown? Because that's where the rich folks live! Community groups and progressive organizations that have been working with the broader Occupy Wall Street movement marched on Tuesday to the homes of JP Morgan Chase (JPM, Fortune 500) CEO Jamie Dimon, billionaire David Koch, hedge fund honcho John Paulson, Howard Milstein, and News Corp (NWSA, Fortune 500) CEO Rupert Murdoch. The millionaires and billionaires were targeted for what event organizers called a "willingness to hoard wealth at the expense of the 99%." Making their way up 5th Ave., the protesters -- relatively modest in number -- chanted ...

Poll: Huge Majority Of Americans Support Taxing The Rich
Post Date: 2011-10-11 18:53:08 by Brian S
10 Comments
As the U.S. Senate prepares to vote down legislation that would raise tax rates on the wealthiest Americans to pay for a jobs plan that most economists believe would stop the recession, a new poll has surfaced showing just how out of touch those Senators are with mainstream America. According to figures released by Bloomberg and The Washington Post on Tuesday, eight in 10 Americans, including a majority of Republicans, support raising taxes on households earning over $250,000 a year. A full 81 percent of Democrats were behind the plan, along with 67 percent of independents and 53 percent of Republicans. That’s a huge leap in support from December 2010, when a Bloomberg poll found ...

Perry’s National Poll Numbers Worse Than Palin’s
Post Date: 2011-10-11 18:52:02 by Brian S
0 Comments
Voters dislike Texas Gov. Rick Perry even more than former Alaska Gov. Sarah Palin, according to a national survey conducted by Public Policy Polling. Favorability ratings of Perry tanked in the last month, with only 23 percent of voters having a favorable opinion of him compared to 57 percent with a negative opinion. His favorability ratings are even worse with independents. Sixty-two percent of them have an unfavorable opinion of the Republican presidential candidate. The last time Palin was polled nationally, in August, her favorability spread was 32 percent to 62 percent. She announced last week that she wouldn’t run for president in 2012. ...

Corporate-Financier Dominated Western Media Attempts To Wish-Away "Occupy The Fed" Movement
Post Date: 2011-10-08 12:13:31 by Brian S
0 Comments
Even before its scheduled start this weekend, mention of the "Occupy the Fed" movement, which aims to bring attention to the real culprits behind America's economic plight, is spreading, not just across the United States, but overseas as well. The corporate-financier elite which dominates the Western media are attempting in vain to redirect the growing anger of the American people toward the middle class, with President Obama leading the way in a clumsy demagogic campaign of class warfare. Ironically, Obama's own administration is filled top to bottom with Wall Street bankers and Fortune 500 representatives eager to make sure the axe falls anywhere but upon their own ...

FACT CHECK: Romney Misfires On Defense
Post Date: 2011-10-08 11:13:50 by Brian S
1 Comments
Republican presidential candidate Mitt Romney promised in his first major foreign policy speech to reverse "massive defense cuts" that actually have not happened. And he pledged to deploy missiles and ships that already are largely in place. A look at some of his statements at The Citadel military college in South Carolina on Friday and how they compare with the facts: ROMNEY: "As president, on day one, I will focus on rebuilding America's economy and I will reverse President Obama's massive defense cuts. Time and again, we have seen that attempts to balance the budget by weakening our military only lead to a far higher price, not only in treasure, but in ...

Forget 9-9-9, Santorum Unveils 0-0-0 Tax Plan
Post Date: 2011-10-07 15:32:33 by Brian S
1 Comments
Republican presidential candidate Rick Santorum has fellow candidate Herman Cain’s number. At campaign stops across the country, Cain has been touting his “9-9-9" tax plan. It calls for throwing out all existing tax policies and replacing them with a nine percent business flat tax, a nine percent individual flat tax, and a nine percent national sales tax. Friday at the Values Voter Summit in Washington, D.C., Santorum unveiled his own plan called “0-0-0.” GA_googleFillSlot('RS_V3_STORY_EMBEDDED_300_2');“I know there’s a plan out there that’s the 9-9-9 plan,” the former Pennsylvania senator explained. “I got a better plan. It’s ...

Earth To Republicans: Herman Cain, Your New Tea Party Hero, Backed Bush's Bank Bailouts
Post Date: 2011-10-07 14:40:47 by Brian S
1 Comments
Cain, Romney, and Perry all backed Bush's bank bailouts (Scott Audette/Reuters)   Here's the story tea party Republicans like to tell: infuriated with the TARP bank bailouts (passed in 2008 during the Bush administration), tea partiers decided to take control of their party from establishment politicians and replace them with true conservative outsiders. You know, guys like Herman Cain. The only problem is that back in 2008, guys like Herman Cain were the exact same establishment figures telling Republicans why they should support the bailouts. Here's Cain in October, 2008:Far from Nationalization, Purchase of Bank Stocks Is a Win-Win for Taxpayers Earth to ...

Poll: Obama Tops Romney, Perry As Smartest, Most Honest Candidate
Post Date: 2011-10-07 13:32:10 by Brian S
3 Comments
Washington • Americans consider President Barack Obama to be the smartest and most honest presidential hopeful against former Massachusetts Gov. Mitt Romney and Texas Gov. Rick Perry, according to a new poll, but religious groups differ on their views of the candidates’ attributes. The Barna Group surveyed 1,010 adults on their perceptions of the candidates’ honesty, intelligence, governmental philosophy and leadership ability. Obama scored highest on all attributes except leadership. Romney ranked the highest of the three on leadership ability, and outpolled Perry on all four attributes by small margins. Among evangelicals, Perry scored the highest and Romney scored the ...

David Koch Dodges Questions Over Shady Deals With Iran
Post Date: 2011-10-07 12:55:29 by Brian S
5 Comments
ABC News caught David Koch leaving his Park Avenue apartment this week, but the tea party billionaire quickly fled to his car, avoiding questions about a scandal involving his company’s trade with Iran. A recent report in Bloomberg Markets magazine revealed that Koch Industries had been caught paying bribes to win contracts, engaging in possibly-illegal trade with Iran, price fixing, and ignoring environmental regulations. The magazine also uncovered a Koch Industries document admitting that they had violated federal law. GA_googleFillSlot('RS_V3_STORY_EMBEDDED_300_2');“It’s a document right there on the record, right out of the lips of Koch Industries,” ...

Jon Stewart Exposes Sarah Palin's 'Dishonorable' Campaign Fundraising
Post Date: 2011-10-07 12:28:39 by Skip Intro
7 Comments
Before the media's obsession with whether or not Chris Christie would enter the GOP race, there was the media's obsession with whether or not Sarah Palin would enter the GOP race. But while Christie himself seemed to have very little to do with the national discussion about his potential candidacy, Sarah Palin has dangled the idea of her maybe considering thinking about running in front of her donors for months. On Thursday night's show, Jon Stewart put all this bus-wrapped indecisiveness in perspective by reminding us of what he said directly to Palin on September 28: "You are either running for President of the United States or you are a crazy person." But now, with ...

CAIN/WEST 2012
Post Date: 2011-10-06 23:21:49 by A K A Stone
2 Comments
CAIN/WEST 2012?

Ron Paul: Economy Is Biased Against The Poor, Middle Class
Post Date: 2011-10-06 19:31:24 by Brian S
1 Comments
Texas congressman and Republican presidential candidate Ron Paul said Thursday on CNN that the U.S. economic system was biased against the poor and middle-class. Paul was asked about a comment made by his fellow presidential candidate, Hermain Cain, who said that people should only blame themselves for not having a job and not being rich. “I imagine that applies to a few people in this country,” he said. “But I don’t come at it that way, because the system has been biased against the middle-class and the poor.” GA_googleFillSlot('RS_V3_STORY_EMBEDDED_300_2');Paul explained that the “deeply flawed” Keynesian economic system of the U.S. had ...

Fox News Crew Maced and Beaten On Wall Street As Jon Stewart Mocks Fox’s Coverage Of Occupy Wall Street
Post Date: 2011-10-06 15:21:01 by Brian S
16 Comments
As News Hounds has reported, Fox “News” has been dismissive of the Occupy Wall Street protests springing up across the nation. This seems odd, considering how much free publicity the unfair and balanced network gave to the astro-turfed Teabagger protests. Contrast that with Occupy Wall Street, which appears totally organic: A few weeks ago most people knew nothing of it and it has been growing daily, despite getting very little coverage in the MSM. This has obviously spooked the Fox “News” Channel because it has yet to accurately report on the protests. Instead the so-called news channel has employed the spin and ridicule for which it’s known when something disturbs ...

Democrat Forces House Vote On Resolution Demanding Perry Apology Over Hunting Camp Name
Post Date: 2011-10-06 15:14:41 by Brian S
7 Comments
WASHINGTON — The uproar over the name of a hunting camp once leased by the family of Republican presidential hopeful Rick Perry reached the House floor on Thursday, as lawmakers derailed an effort to demand that Perry apologize. The five-page resolution offered by Rep. Jesse Jackson Jr., D-Ill., was aimed at the name "Niggerhead" that was painted on a rock outside the Texas camp. The measure called on Perry, the Texas governor, to apologize for not immediately removing the rock and for taking people there to hunt. It also called on Perry's GOP presidential rivals to condemn the rock. Perry has said the name is offensive. He said that after he saw it, in 1983 or 1984, ...

Olbermann: Media ‘Too Corrupt Or Too Dense’ To Understand ‘Occupy Wall Street’
Post Date: 2011-10-06 11:41:37 by Brian S
1 Comments
Keith Olbermann blasted the mainstream media on his show Wednesday night for being either “too corrupt or too dense” to understand the “Occupy Wall Street” movement. Numerous media outlets repeated the criticism that the protest had no specific purpose or demands. Fox News host Charles Gasparino called the protest “idiotic” and CNN anchor Erin Burnett mocked the demonstration in her debut. The New York Times had described the protest as a “noble but fractured and airy movement of rightly frustrated young people” whose purpose was “virtually impossible to decipher.” “Here is what Occupy Wall Street says and wants,” Olbermann ...

Republican Star Rubio Rules Out Vice President Bid
Post Date: 2011-10-05 19:56:49 by Brian S
7 Comments
WASHINGTON — Up-and-coming Republican Senator Marco Rubio on Wednesday ruled out the possibility of running as a vice-presidential candidate in 2012, scotching widespread speculation he will appear on the ticket. Despite being near the top of any list of potential running mates for the eventual Republican nominee, 40-year-old Rubio said he was happy being a senator for Florida. “I’m not going to be the vice presidential nominee,” he told an audience in Washington. If someone were to ask him, Rubio said, “the answer is going to be no.” Rubio’s supporters say he would invigorate any Republican ticket and give the party a huge boost in the key battleground ...

Ron Paul Calls Occupy Wall Street A ‘Legitimate Effort’
Post Date: 2011-10-05 19:54:33 by Brian S
0 Comments
Republican presidential candidate Ron Paul said Wednesday that the Occupy Wall Street protests were a “legitimate effort,” but he wasn’t exactly sure what they are outraged about. “I can’t speak for the people out there because I don’t know who they are or exactly what they are demonstrating against,” Paul told the Nation Press Club. “I can argue the case for their right to express their outright frustration with what is going on. Some are liberals and some are conservatives and some are libertarians and some are strict constitutionalists. And if you read carefully over what I’ve written over the past 10 or 15 years, I talk a lot about this, ...

Sanders Skewers The ‘Class Warfare’ Of America’s ‘Economic Royalists’
Post Date: 2011-10-05 17:18:34 by Brian S
3 Comments
Appearing on Tuesday night’s edition of Countdown with Keith Olbermann, Sen. Bernie Sanders (I-VT) felt the need to correct former Mass. Gov. Mitt Romney on the Occupy Wall Street movement. Earlier that day, the former Massachusetts governor labeled the protest “dangerous” and “class warfare.” “The irony is that Romney is right, class warfare is being waged in America today.” Sanders said. “The problem is, the wrong side is winning.” GA_googleFillSlot('RS_V3_STORY_EMBEDDED_300_2');“In America now you have the most unequal distribution of income and wealth of any major country on Earth, with the top 400 wealthiest people owning more ...

Cain’s 9-9-9 Arithmetic Raises Revenue Generation Questions
Post Date: 2011-10-05 15:14:19 by Brian S
9 Comments
Herman Cain’s bid for the Republican presidential nomination is fueled in part by his proposed U.S. tax code overhaul that tax policy veterans say doesn’t add up. His proposal is gaining attention after a Washington Post- ABC News poll released yesterday found that Cain is tied for second place with Texas Governor Rick Perry among Republicans and Republican-leaning independents. A Quinnipiac University poll published today has Cain in second place and Perry in third. In campaign stops, Cain touts his 9-9-9 plan as a concept that will lead to a fairer tax system. The proposal would tax sales transactions and gross income for individuals and businesses at 9 percent while ...

From Wall St. to K Street: Protests Kick Off In Washington DC October 6
Post Date: 2011-10-05 14:49:34 by Brian S
1 Comments
The Occupy Wall Street uprising that began one month ago with just 200 protesters has sparked a wave of occupations across the country. In cities like San Francisco, Chicago, Boston, Memphis, Baltimore and beyond, people are joining forces in solidarity with Occupy Wall Street to demand an end to corporate dominance of America’s economic and political system that has left the poor and working class suffering under the weight of massive debt, joblessness, foreclosure and an uncertain future.As Occupy Wall Street continues to bring the struggle for economic and social justice directly to America’s financial district, there is another movement called October 2011 that plans to ...

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