Did Herman Cain just have his “Oops” moment?

via dcdecoder.com

Herman Cain, in front of the Milwaukee Journal-Sentinel editorial board, stumbles hard when asked whether he agrees with President Obama’s policy toward Libya.

"I do not agree with the way he handled it for the following reason [pause.] No, that’s a different one [pause.] I gotta go back and see; got all of this stuff twirling around in my head [pause.] Specifically, what are you asking me about what I agree or disagree with?"

When Cain gets around to it, he says he would have done more to distinguish who was in the Libyan opposition before making his decision about whether to intervene.

NBC’s Chuck Todd thinks it may actually be worse than Perry’s infamous Oops moment during the debate in Michigan last week.

http://liberalsarecool.com

Amendment To Overturn Citizens United?

Democratic Sens. Tom Udall of New Mexico and Michael Bennet of Colorado introduced a constitutional amendment on Tuesday that would overturn the U.S. Supreme Court’s controversial 2010 decision in Citizens United v. Federal Election Commission

The decision gave corporations and unions the ability to spend unlimited amounts of money to influence elections, so long as their actions are not coordinated with a candidate’s campaign.

Another step in the sensible direction.

via liberalsarecool.com

"Weaponized Keynesians."

Paul Krugman: Republicans know government spending creates jobs; they say so every time there’s a chance military spending will be cut; they just don’t want you “to know what they know, because that would hurt their larger agenda — keeping regulation and taxes on the wealthy at bay.”

A few years back Representative Barney Frank coined an apt phrase for many of his colleagues: weaponized Keynesians, defined as those who believe “that the government does not create jobs when it funds the building of bridges or important research or retrains workers, but when it builds airplanes that are never going to be used in combat, that is of course economic salvation.”

(Source: realitychex.com)

Scott Olsen Being Shot By Police

via liberalsarecool.com

Watch at the 1:42 mark when a police officer throws a teargas canister at crowd trying to attend to the injured man.

In-fucking-credible.

Obama Calls Out GOP, Krugman Calls Out Paul Ryan

Obama Calls Out GOP, Krugman Calls Out Paul Ryan

Here is a pretty lame quote from mental midget Paul Ryan:

“Just last week, the President told a crowd in North Carolina that Republicans are in favor of, quote, ‘dirtier air, dirtier water, and less people with health insurance.’ Can you think of a pettier way to describe sincere disagreements between the two parties on regulation and health care?”

Here is a great response from Paul Krugman:

“Just for the record: why is this petty? Why is it anything but a literal description of GOP proposals to weaken environmental regulation and repeal the Affordable Care Act? So Ryan is outraged, outraged, that Obama is offering a wholly accurate description of his [Ryan’s] party’s platform…. You really have to be somewhat awed when people who routinely accuse Obama of being a socialist get all weepy over him saying that eliminating protections against pollution would lead to more pollution.”

via liberalsarecool.com

WSJ: "Most Millionaires Support Warren Buffett’s Tax on the Rich"

WSJ: “Most Millionaires Support Warren Buffett’s Tax on the Rich”

A new survey from Spectrem Group found that 68% of millionaires (those with investments of $1 million or more) support raising taxes on those with $1 million or more in income. Fully 61% of those with net worths of $5 million or more support the tax on million-plus earners. […]

Explains George Walper of Spectrem: “What this tells us is that there are a number of wealthy folks who said: ‘Gee, we need to increase taxes to stimulate the economy. No one likes to be taxed more, but the reality is maybe it has to be done.’”

The vast majority of Americans believe millionaires and billionaires should pay a little more in taxes; the clear majority of self-identified Republicans believe millionaires and billionaires should pay a little more in taxes; and now the clear majority of millionaires and billionaires believe millionaires and billionaires should pay a little more in taxes.

The only people on the other side are congressional Republicans.

via liberalsarecool.com

The only people on the other side are congressional Republicans. Party over country. Always

The Real Radicals

via liberalsarecool.tumblr.com

“We, the 99%, are the Americans and we want our country back.”

Posted via email from liberalsarecool.com

A Businessman Occupies Wall Street

Manhattan-based brand consultant David Intrator discusses the nature of the Occupy Wall Street movement. Share this one with your conservative friends!

“Returning to a country, as opposed to just being a market. A return to being citizens, as opposed to being consumers.” 

 For those who think the protesters are radicals, they have this movement backwards. It’s the corporations that are the radicals.  

Source: Youtube

We Do Know What We're Protesting

via liberalsarecool.tumblr.com

The revolution may not televised, yet, but the rational mind of America is awakening.

Posted via email from liberalsarecool.com

The GOP Jobs Plan FAIL

"

“Now, it turns out that the Republicans have a plan, too. I want to be fair. They call — they put forward this plan last week. They called it the ‘Real American Jobs Act.’ The ‘real one’ — that’s what they called it — just in case you were wondering.

“So let’s take a look at what the Republican American jobs act looks like. It turns out the Republican plan boils down to a few basic ideas: They want to gut regulations; they want to let Wall Street do whatever it wants. They want to drill more. And they want to repeal health care reform. That’s their jobs plan.”

"

via liberalsarecool.tumblr.com

President Obama, speaking in Asheville this morning.

There need not be a rhetorical question of which is better. This isn’t a matter of opinion; we’re talking about demonstrable facts, as bolstered by independent economic analysis: the White House jobs plan would make an immediate, positive difference, and the Republican jobs plan wouldn’t help at all.

Posted via email from liberalsarecool.com

A Mimple Message About the 99%

via liberalsarecool.tumblr.com

A simple message for those trying to skew the 99% and Occupy Wall Street movements.

The capitalists broke game. They bent the rules. They grabbed all the money. We are all paying the consequences of people taking advantages.

In order to move forward, we have to admit some truths as a country. “Denial ain’t just a reservoir in Egypt” - Ali G

Posted via email from liberalsarecool.com

62 Million Americans Have Zero Or Negative Net Worth

62 Million Americans Have Zero Or Negative Net Worth

62 million Americans have zero or negative net worth. Wow. Think about that for a second.

These are hard working people. They made good decisions. They did not take massive risks. Deregulated markets were going to provide the ways and means, they were told.

But a decade of unparalleled financial thievery and corruption, of artificially inflated commodity prices, we now have millions displaced from their homes through a rotten and perverted mortgage market, all the worse because of the crimes of the modern financial elite.

Take your pick: from bribery and insider trading and market manipulation, to backroom dominance of government and the usurping of the regulatory structure from within, the 50-headed hydra of Wall Street corruption simply can’t be seen by the public or put on TV.

So what do people do? They pick on a myth. Are 62 million people lazy? Should they just “get a job” to make it better? When the real evil is clearly the banks, certain types vindictively want to pick on their fellow man, the 99%, and place blame on them. For not struggling enough? For not having 3 or 4 jobs which still are not enough?

The point is we should not all be struggling. The system played us all. It’s time to change the system.

via liberalsarecool.tumblr.com

Posted via email from liberalsarecool.com

Righteous Indignation

via liberalsarecool.tumblr.com

Posted via email from liberalsarecool.com

No One Thinks Wall St "Owes" Us Anything

via liberalsarecool.tumblr.com

$44 trillion in wealth was lost around the world in the financial and banking failures of 2007-08. That’s $44,000,000,000,000 Wall St gambled away.

Context [2006 data]:

* $64 trillion = world’s output, the collective GDP
* $119 trillion = total value of stock and bonds
* $473 trillion = derivatives market valuation
* [Additional perspective, derivatives climbed to $684 trillion (as of June 2008)]

Wall St has created such a massive market out of speculation, that it dwarfs actual GDPs of the world. It’s 10 times the size. So if you want to think they are not in control, then wake up.

Posted via email from liberalsarecool.com

Sub-prime Mortgages

via liberalsarecool.tumblr.com

Sub-prime mortgages:
Do you think banks created them to take advantage of new owners in order to bundle and leverage the debt obligations at ratios of 33:1, as well as, reap massive profits in the home building industry bubble?
Or
Do you think risky, jobless, asset-less new owners forced the mighty banks into creating sub-prime mortgages, and additionally, force the banks to loan the money to the developers to build all the homes, and the trillions in leveraged securitized mortgages was just a wee coincidence? Seriously.

Posted via email from liberalsarecool.com

Tea Party Protest Signs Translated.

via liberalsarecool.tumblr.com

The Tea Party was always about personal attacks on Obama. Blame one guy for everything going wrong and every fear you have.

These are same people who have the “don’t blame the banks, blame yourself” mentality when faced with the cold truth of what is really the root of the crushed economy. They never think of the real problem or how to solve them, just come up with an obtuse, willfully ignorant Obama character assassination bordering heavily on racism to distract you from any deep thought or understanding of a subject you have no clue. - douglas/liberalsarecool

Posted via email from liberalsarecool.com