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February 07 2010

bmk
14:09

The Deficit Story: Clinton's Surpluses Were Not a Model

Beat the Press

The NYT argues for the need to address the deficit in the near future. Given the dominance of this debate by shrill deficit hawks, it would have been more helpful if the NYT had focused on the no reason to address the deficit now point, and emphasized the need for more stimulus as a way to put our children's parents back to work so that our children do not have to experience extended period of ...

February 06 2010

bmk
16:50

Deep thought

Balloon Juice

Even if we can’t use the word “retarded” anymore, at least we’re still allowed to torture and execute mentally disabled people.

(A little dark for a Saturday morning, I realize. But it’s true.)

bmk
02:18
The Colbert ReportMon - Thurs 11:30pm / 10:30c
Tip/Wag - Waterboarding & Canada's History
www.colbertnation.com
Colbert Report Full EpisodesPolitical HumorEconomy
Stephen Colbert is one of the few on TV to tackle CIA poseur John Kiriakou's revelations that he was making up his evidence in favor of waterboarding. (For more, see: http://www.balloon-juice.com/?p=33626)

February 05 2010

bmk
19:20

Dan Coats: "Don't tell Indiana..."

Blue Indiana - Front Page

If there was any doubt that Dan Coats had cut all ties with his "home" state, this damning footage from a North Carolina event in September of 2008 makes it clear that he had no use for Hoosiers until he thought he might be able to win a senate seat.

Wow.
bmk
14:13

Minority rules

Ezra Klein

Steve Pearlstein really goes to town on bipartisanship today:

The most common misconception is that bipartisanship means finding common ground and focusing on the things most everyone agrees on. In reality, that turns out to be a pretty small set of ideas and proposals that, taken together, would not address the major challenges before us. Certainly, that is the obvious place to begin, and it...

bmk
13:13

Visit msnbc.com for breaking news, world news, and news about the economy

Rachel Maddow examines Senator Susan Collins' lies about the Underpants Bomber.

February 04 2010

bmk
20:14

GOP Turning Pro-Bank Stance Into Big Bucks

Matthew Yglesias

225px-John_Boehner_official_portrait

It’s not a secret that dating back to the 1990s, the financial services industry has tended to be one of the more Democratic-leaning business groups. But as the Wall Street Journal reports that’s all changing. Bankers who gave money to Obama are sad to discover that the White House isn’t in their pockets:

Wall Street executives who supported Mr. Obama during the presidential campaign said there...

bmk
17:58

Revisiting Paul Ryan

Matthew Yglesias

File-PaulRyan

Ross Douthat and Tyler Cowen offer more commentary on Paul Ryan’s plan to balance the budget by eliminating Medicare, cutting Social Security, and even more drastically cutting every program that isn’t Social Security. Ezra Klein also has an interview with Rep Ryan.

I think it’s important to note that taken as a whole this “plan” isn’t actually much of a plan. It’s handling of non-defense...

bmk
12:29

More Failed Airthmetic at the WSJ

Beat the Press

It's often said that everyone in Washington is so smart that they skipped directly from 2nd grade to 4th grade. This explains why so many people in top positions don't know third grade arithmetic.

The WSJ gave us another example of this lack of knowledge when it listed Medicare and Social Security as "the U.S.'s biggest budget busters." In fact, those of us who did sit through third grade know ...

February 03 2010

bmk
18:47

A Cold Welcome for Dan Coats

Absolutely brutal - and spot on - email from the state party:
On behalf of Hoosiers everywhere, we'd like to welcome back Dan Coats to the State of Indiana.

After more than a decade working, living, and voting in Washington, D.C., it seems that Mr. Coats has decided to come back for a visit. The announcement that he is considering a run for the U.S. Senate has come as a surprise for those of us who haven't seen or heard from the Republican in a good many years.

No worries. Our welcome basket will soon be in the mail.

As soon as Mr. Coats lands, however, maybe he can find some spare time to talk to real Hoosiers about the issues that have been affecting this state while he was away. A lot has changed since Coats abandoned the Hoosier State for the posh life of a Washington insider.

While he's at it, perhaps Dan Coats can tell us about what he has been up to since he left town. He seems to have done well -- being a registered lobbyist for major financial institutions is a great job inside the Beltway from what we hear.

And with those banks receiving billions in TARP bailout money under his watch, it's hard to imagine Mr. Coats hasn't been reaping the benefits of that taxpayer money.

Between all of that lobbying, heading up the failed Supreme Court nomination of Harriet Miers, and championing Sarah Palin during the 2008 campaign, it's no wonder that Dan Coats was too busy to stop in and spend time in our state over the last decade.

Regardless, we wanted to extend our welcome -- if Mr. Coats would just let us know whether he wants the welcome basket to go to his Virginia address or his extended stay suite here in Indiana, that would be a great help.

If Coats is the hero the RNC is looking for, they must be really terrified of a Bayh vs. Hostettler race. And I'm not sure how Coats fits into the RNC's strategy against Bayh (as laid out by Greg Sargent):

NRSC spokesman Brian Walsh tells me the GOP response will be this: Target Bayh's wife, and the "Bayh family partnership."

GOP operatives point out that Evan and Susan Bayh have been criticized over her service on the boards of major insurers such as WellPoint, which reportedly earned her millions.

It's also interesting to note, as Chuck Todd did, that Coats' language on this has been very conditional: "allowing supporters to put his name on the ballot" and "as I test the waters for a potential challenge." Typical political posturing, or is there actually some hesitancy there?

bmk
16:56

GOP Battle Plan: Target Evan Bayh’s Wife And “Bayh Family Partnership”

The Plum Line

National Republican strategists working on the Indiana Senate race are drawing up a battle plan to target Senator Evan Bayh’s wife, whose work on multiple corporate boards has drawn criticism from good government advocates, as a way of offseting Dem attacks on Bayh’s expected challenger, GOP sources say.

The news broke this morning that former GOP Senator Dan Coats will challenge Bayh, and...

bmk
00:10
Depending on which way the wind & Sen. Bayh is blowing on a given day, Indiana contributes 4 - 5% of the Senate being unable to do squat.
DougMasson

February 02 2010

bmk
16:30

The Dem Base And Health Reform

The New Republic - Jonathan Chait Feed

Since House Democrats remain fairly seized with terror at the political ramifications of passing health care reform, it's worth stepping back and thinking clearly about the Democrats' predicament. The November elections look bad for three basic reasons. First, the Republican base is extremely energized, for reasons that were probably inevitable due to Democrats running all three branches of...

bmk
13:24

I’d Rather Be In Physical Pain

Balloon Juice

Feeling a litle better this morning, so I flipped through the morning shows, and I can not believe that they are honestly quoting Republicans voicing concern about the size of the budget and the deficits.

Seriously. It is like the last thirty years never happened with our media. All the Republicans need to do is claim they are concerned about deficits and the budget, and our bobbleheads will ...

bmk
10:44

The Government Spends $100 on the Rich for Every Dollar It Spends on the Poor

Beat the Press

There is a new favorite in the "stupid things that intellectuals say" category. As David Brooks tells readers in the NYT this morning: "the federal government now spends $7 on the elderly for each $1 it spends on children."

Of course this is true. That is because we run a retirement program through the federal government. We require workers to contribute to Social Security (they go to jail...

February 01 2010

bmk
21:48
bmk
20:58

Judd Gregg, When Left to His Own Devices, Is an Orthodox Conservative Who Doesn’t Care About the Deficit

Matthew Yglesias

File-Greggofficial2009

What a strange remark from Howard Gleckman:

Senator Judd Gregg (R-N.H.) is a good guy and, left to his own devices, is serious about deficit reduction. But even Gregg can’t pass the laugh test anymore. This morning he put out a press release entitled “We Need a Game-Changing Budget, Not More of the Same.” This from the top budget-writer of a party that passed an unfunded Medicare Part D drug...

bmk
09:00

Should Daniels be using his Statehouse office to play partisan politics?

Indianapolis Times


So does anyone think it's highly inappropriate (maybe even illegal) for Gov. Mitch Daniels to hold a meeting in his Statehouse office to discuss picking a Republican candidate for Marion County proseuctor?

That's exactly what Daniels did last week when he huddled with Marion County Republican Party Chairman Tom John and former prosecutor Scott Newman, who's heading a "committee" to find a GOP...
bmk
02:49
RT @bfurnas: Reading some old Title IX legislative history. Birch Bayh was a bold and forward-looking legislator. Evan?
mattyglesias

January 31 2010

bmk
20:15

Deficit Peacock Evan Bayh Hits ‘Far Left-Wing Blogs’ For Criticizing Obama’s Spending Freeze As Too ‘Austere’

Think Progress

Sen. Evan Bayh (D-IN), appearing on Fox News Sunday, attacked “far left-wing blogs” for criticizing President Obama’s proposed non-security discretionary spending freeze. Bayh burnished his anti-spending credentials by noting his opposition to recent omnibus spending bills, although he supported the much larger American Reinvestment and Recovery Act, and has repeatedly promoted the federal

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