In case you missed it, Congress passed "fiscal cliff" legislation last night.
Grover Norquist declares the deal a win.
Want to relive the whole, sordid back and forth over the "fiscal cliff?" Here's a handy timeline.
Immediately after the deal, President Obama heads back to his interrupted vacation in Hawaii.
So, uh, about that payroll tax break extension?
House members from both parties decry Speaker Boehner for not taking up a Superstorm Sandy relief bill.
Dick Armey defends his $8 million deal to leave FreedomWorks.
A Senate report faults intelligence agencies for confusion over the Benghazi talking points.
Sec. of State Hillary Clinton's blood clot is in her head.
Latvia as a success story for austerity.
The minimum-wage gap grows wider between states.





Say good bye to those House Representatives that didn't get re-elected! Do we get a video as they are "escorted" out of the House with boxes in hand? PLEASE!!!
Why did they give a RAISE to the OBSTRUCTIONIST and do NOTHING on minimum WAGE?? We need to keep VOTING until GOP is OUT! BUT the States are BUSY gerrymandering the electorial votes and suppressing the voters! What the HELL is this country comming to?
Haven't you heard? Democracy and that whole majority rule thing has become passe'.
New Year's Eve the BBC interviewed Grover Norquist about the fiscal cliff. I suppose anyone who actually had anything to do with it were busy and I doubted Grover had any parties to go to.
I am automatically suspicious of anything Grover "Likes". The man is a sideshow patent medicine swindler without the charm.
Is there something about republican states that inhibits both brain capacity and empathy? California has long claimed fumes from the San Andres but that usually just impacts their state laws. Radon? Inbreeding?
Re: Benghazi
The Department of State, underfunded by Congress, appears to have made some misjudgments of its own, that may have made the attack more deadly than it otherwise would have been. The Senate Homeland Security Committee's report found that various intelligence agencies were responsible for the final talking points, and that the White House had almost no role in them. Intelligence agencies molded the talking points to prevent terrorist groups from realizing we were onto them, NOT to conceal supposed failures in foreign policy, as Romney, McCain, and that gaggle of idiots tried to claim.
Romney's attempt to politicize this tragedy for his own electoral advantage is what started all this. Republicans, shoring up Mitt's self serving and totally uninformed misbehavior, shored up a contrived and partisan pseudo-scandal instead. They either knew they were lying when they started this, or knew that they were so uninformed that they should have said nothing. Instead, in their monumental stupidity, they slandered Susan Rice, whom they had to know had nothing to do with mismanagement of embassy security or the content of the talking points she repeated on the Sunday shows.
Rachel's idea, that this was a way of opening up Sen. Kerry's senate seat for Scott Brown, seemed far fetched to me. It IS far fetched, except that it makes more sense than any other explanation of this debacle.
Ed Markey running for Senate in MA.
Listening to Rush Windbag yesterday talking how our POTUS is playing a game with the American people and the economy and have no desire to work with Repubs to avoid the Fiscal Cliff, he said, and I quote, "The people who voted for Obama are morons. And I am being generous with the word moron."
He reiterated the common a few times more after that. It seems to me the only morons out there are the ones trying to divide this country 24/7.
The American Taxpayer Relief Act of 2012 is a bad deal because the measure locks in low revenue levels that will necessitate dramatic spending cuts in the future without new revenue generation resulting from economic growth. The question is what will the specifics of those spending cuts be during the debate on the sequester debt reduction?
At this stage of our anemic economic growth (2.5 percent) and the exponential march of tectonic shifts in the technologies of production that continue to destroy and devalue jobs, we need massive government investment via loan guarantees to stimulate economic growth and simultaneously broaden private, individual ownership in FUTURE income-producing assets with the result of creating "customers with money" and far less dependence on taxpayer-supported government welfare, open and concealed.
Until President Obama addresses the central issue of CONCENTRATED OWNERSHIP this exercise will continue with the result being no real ECONOMIC GROWTH in which EVERY American benefits as a FUTURE owner of the income-producing productive capital assets made possible by furthering technological innovation and invention, thus empowering them as "customers with money" who can then support the purchase of the products and services that the economy is capable of delivering. The issue comes down to Own or Be Owned!––whether the United States will become a country where EVERY American benefits as owners in its productive capacity or a minority of the wealthiest Americans dominate an otherwise slaved people––employed at low wages or on welfare and dependent on taxpayer-supported charity.
Good bye 112th Congress. Let's hope that the 113th does a better job.
Good morning, Tricia.
(I'm on CST)
Watching the debate on the House floor last night brought me one step closer to re-losing my faith in our Nation's priorities. How is it that people are allowed deductions on second homes, boats, RVs and the like, with little or no limitations, while student loan borrowers continually get the shaft?
I know you don't have the answers, but thought this might be of interest to TRMS viewers and Maddowblog readers, given that most of the folks on here likely attended college. If our leaders are serious about stimulating the economy, they'll lift restrictions on student loan deductions. Who is more likely to put money back into the economy than young (and not-so-young), eager professionals who are trying to jump start their lives after years of schooling? My husband and I definitely would be more eager to buy rather than rent, or upgrade our car that's nearing its life's end, etc, if our education was valued as much as a second home or boat. Apparently, the majority of legislators put more value on buying a home--which anyone can do, as we saw in the crash--than they do on education.
Check out Rep. Rangel's bill. Time to band together and get this passed.
http://rangel.house.gov/news/2012/05/rangel-introduces-student-loan-interest-deduction-slid-act.shtml
http://www.govtrack.us/congress/bills/112/hr5719
http://online.wsj.com/article/SB10001424052970203630604578074361968584232.html
Thank you for your time and consideration.
Respectfully submitted,
MG
So, where are we on the Senate Filibuster Rule change votes? Tomorrow, right?
In 2010 I had no choice but to switch to OBAMA or Nobody. AS a lifetime Hard working lower Middle Class American Republican living in the state (SC) I was born in, Ms. Haley, Mr. demean t and Mr Great man proved to Me, To my anger and shame, We no longer have a Republican Party. Not only God But our internet and media will not allow Me to express what I feel and stay inside our laws.