political potpourri

Twitter on Race

President Obama’s election in 2008 supposedly ushered in a Post-Racial Era in America. But actually Race ugliness vis a vis the President started early in 2008 with the birther nonsense caused by Hillary Clinton supporters sending out  thousands of emails calling into question Obama’s citizenship. The controversy crossed the aisle and was picked up by the GOP …

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A Gagging Dose of Diana Furchtgott-Roth at MarketWatch

The WSJ’s sibling website Marketwatch has a resident liberally bearish voice , Paul Farrell, who regularly rains hell and brimstone on the perpetual bull market, climate change consequences and his latest tirade, the Inequality Bubble Is Accelerating. To balance that blue point of view, Marketwatch needed an Ann Coulter-like bloody red flak attacks . Voila …

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Bibi Netanyahu : Duplicitous

It appears that after the Israeli election that Palestinian Premier Mahmoud Abbas, President Barack Obama  and other Western leaders will be safe in identifying Israel’s Bibi Netanyahu as two-faced, cheating, deceitful, dishonest, serpent-tongued, shady, and a two-timing double-dealer. Certainly BibI  Netanyahu will not be accused of honesty and trustworthiness. The NYTimes and theGuardian list the most grievous electoral …

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The Passing of Logic, Science, and Mr. Spock

Leonard Nimoy, Mr. Spock, passed away at 83 last Friday and captured the collective conscious in unexpected ways. Marketwatch, the blog of Wall Street, published a bulletin reserved for big Bull or Bear market movements on the day. The news captured headlines at the NYTimes, Entertainment Weekly, Toronto Globe and Mail, TheGuardian, Sydney Morning Herald, …

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Political Protection Money Thrives on the Street

Protection money is everywhere in society – but nowhere greater than in the relationship of Wall Street and Washington. And it all has to do with “asymmetrical payments”. For Wall Street bankers and investment houses, being able to dictate the Rule of Financial Law is priceless. Thus, just six large Wall Street banks are willing …

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Stains on Democracy: Worst Supreme Court Decision of Past 30 Years

Over and over Average Joes say Freedom of Speech  and one-man=one- vote should be supreme and unquestioned in the US Democracy. But the problem of treating corporations and groups as equivalent to individuals is that the views of a very few, often the executive elite, determine the political views and contributions of the organization without …

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Seen on Google+ – Political Irony

NYTimes today has a story that underlines the pernicious consequences of the Supreme Court’s Citizen United decision  to allow corporations to have unlimited “Freedom  of Speech” . This was done despite the fact that Corporate  Free Speech does not reflect the varied views of the corporation’s  employees, shareholders, suppliers and other stakeholders but rather the …

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On Google Plus: Austerity vs Keynesian Economic Policy

Geoff Brandt asked the following question on Google Plus: I was having a discussion with an acquaintance of mine who is somewhat more conservative than I am. He was railing against most gov’t spending (perpetrated of course by “those Liberals in Washington”) and insisted our nation’s top priority other than defense should be to pay …

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An Essay for the Coursera Class: Behavioral Economics

In the Coursera class Behavioral Economics taught by  Duke Professor Dan Ariely, all the students had to write a mid-term  essay in which they described the ideas of Behavioral Economics  and how the methods of the discipline  could be used to solve an economic problem. Despite the fact, that most of the methods in the …

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The Real Obama Flaw: Wall Street Now Too Big To Jail

WhatNowCartoons The GOP has been attacking President Obama for all the Wrong Reasons: Benghazi Libyan embassy fight when the GOP had previously cut the State Departments defense funding. Or No New Taxes when there is general consensus that  tax revenues have dried up and tax reform is way overdue. Or the constant return to Obama’s birth …

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What Was Said: Israeli Settlements in West Bank

The occasion of President Obama’s trip to Israel has triggered a number of different articles across Web news media. Remarkably, the topic continues to center on one issue – the ever expanding Israeli settlements in the Palestinian West Bank territory. Now some will take exception to the notion of Palestinian West bank territory despite the …

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What Was Said: TheDailyBeast on Bibi Netanyahu

The Daily Beast is covering the AIPAC – America Israel Public Affiars Committee conference where Israeli Ambassador Michael Oren advanced the notion that Likud partty leader and Israeli Prime Minister had been willing to stick his neck out for a two-state solution. TheDailyBeast sets the record straight in no uncertain terms: Netanyahu’s Likud party has …

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Best Charts of 2012 : The Power of Good Graphics

Is this the best Chart used in US Media for 2012? What is growing in popularity on news sites like cnn.com, The Christian Science Monitor,  theDailyBeast,  HuffingtonPost, NYTimes,  The New Republic, and Time Magazine is the frequent use of charts [or infographics] to clearly  describe a  situation or better illustrate some analysis. If a picture is worth …

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Confabulation

Strangely, the DailyBeast gave ink to Michael Medved and his spouting of the GOP propaganda meme that all politicians are liars but President Obama is the worst one. This is a vital Big Lie for the Republicans. Hence concentrating on scandals like the Benghazi scandal and the Obama apology tour – are all birds of …

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Found in NYC: SNL Last Skit Before Presidential Election

Look what turned up outside 30 Rockefeller Center on Tuesday after Sandy. A script remarkably intact given the hurricane’s drenching: ‘ SNL FinalFinal Presidential Election 2012 Skit – L.Micheals eyes only MYTH ROMNEY – Change You Better Believe In! Players: Myth Romney played by Jason Sudeikis sporting a spray tan that brings Myth about one shade darker …

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Daily Fact: GOP Presidents have worst record for Stock Market Performance

No less an authority than the Economist shows that under Democratic Presidents the stock market   has outperformed by a wide margin  what was accomplished by Republican Presidents. And this GOP poor economic and stock market performance  goes back  80 years. The fundamental problem is that Republican Presidents have had poor economic policy and tolerated …

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