Archive for September 17th, 2013

17
Sep
13

Excerpts: President Obama on Telemundo

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The interview will air in its entirety on “Enfoque con José Díaz-Balart” on Sunday, September 22 at 12pm/11am central, and will be available on Telemundo.com and on the Facebook page of “Noticiero Telemundo.”

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President Barack Obama receives an update on the Washington Navy Yard shootings investigation from FBI Director James Comey, left, and Attorney General Eric H. Holder, Jr. in the Oval Office, Sept. 17. Defense Secretary Chuck Hagel, far left, and Lisa Monaco, Assistant to the President for Homeland Security and Counterterrorism, also attended the meeting. (Photo by Pete Souza)

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Chat away!

17
Sep
13

News Of The Day

https://twitter.com/NerdyWonka/status/379950940813402112

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Thank you First Lady Michelle Obama

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Daniel Gross: Banks Really Are Different Five Years After The Financial Crisis

The conventional wisdom holds that nothing—or at the very least, not nearly enough—has changed in the dysfunctional financial system or in the credit-addled U.S. economy. But many of the people making that argument either weren’t paying much attention to what was going on in the economy at the time or haven’t been paying much attention since.

According to the Federal Reserve (see chart D. 1), financial sector debt has shrunk for each of the last four years. In the fourth quarter of 2008, the financial sector had $17.1 trillion in debt. In the first quarter of 2013, that figure stood at $13.9 trillion, off 19 percent.

Americans are relying less on debt to consume, and they’re doing a much better job keeping up with debt. The credit card delinquency rate is at its lowest level since 1990.

More here

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Continue reading ‘News Of The Day’

17
Sep
13

‘There Sits A Building’

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Beautiful poem by Jacqueline OBoomer ©

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There sits a building, painted white
It glimmers in the bright sunlight
Built by strong, dark hands, without a choice
Built to house a leader, so we’d all have a voice

There sits a building, painted white
It shimmers in the soft twilight
Shadowing strong, dark hands taking their rest
Ghosts of our democracy, who gave it their best

There sits a building, painted white
It dims its lights, overnight
Built by slaves, who also served inside
Where none thought they should ever reside

There sits a building, painted white
We tip our hats to it, day and night
Built by slaves, who’d hang their heads to pray
A man with strong, dark hands would live there someday

There sits a building, painted white
I dare to say it is still quite the sight
For a still young country, yet to fully repent
But now shining light on why their knees were bent

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17
Sep
13

‘Walk a Day in my Shoes’

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Valerie Jarrett: Today POTUS called Pauline Beck to tell her the home care rule has been finalized—in 07’ he took a walk in her shoes

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Reuters: Obama to extend wage law to cover two million home care aides

The Obama administration said on Tuesday it will extend the protection of U.S. minimum wage and overtime law to almost 2 million home health workers who assist the elderly and disabled.

Home health aides, personal care aides and certified nursing assistants will be brought under the coverage of the Fair Labor Standards Act, effective in January 2015, the U.S. Department of Labor said in a statement.

“Today we are taking an important step toward guaranteeing that these professionals receive the wage protections they deserve while protecting the right of individuals to live at home,” said Thomas Perez, who was sworn in on September 4 as President Barack Obama’s new labor secretary.

More here

17
Sep
13

‘Hypocritical and mean-spirited’

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Chat away

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PS Love this:

17
Sep
13

Rise and Shine

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Today (all times Eastern):

2:45: The President participates in an Ambassador Credentialing Ceremony, a traditional ceremony that marks the formal beginning of an Ambassador’s service in Washington

3:30: The President and Vice President meet with Secretary of Defense Hagel

* The President conducts an interview with Jose Diaz-Balart of Telemundo to discuss his plan for a Better Bargain for the Middle Class and the need for immigration reform

Excerpts of the interview will be broadcast on “Noticiero Telemundo” today at 6:30pm/5:30 central. The interview will also air in its entirety on “Enfoque con José Díaz-Balart” on Sunday, September 22 at 12pm/11am central, and will be available on Telemundo.com and on the Facebook page of “Noticiero Telemundo.”

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ThinkProgress: How Gun Laws Factor Into The Navy Yard Shooting

…. details are leaking out about Alexis and they point to a disturbing history of gun violence …. Under federal law, it’s very likely that he was still able to legally posses a firearm. Permanent bans on gun ownership are only handed out to very specific groups of people including felons, domestic abusers, and the seriously mentally ill …. in nearly half of states, officials are still able to give a handgun permit to someone with a history like Alexis’s.

If reports from the scene are right, however, Alexis’s gun possession Monday was illegal no matter his gun history. News outlets indicate that Alexis had as many as three weapons, including a semi-automatic AR15. The AR15 is banned in DC.

…. One of the gun regulations President Obama proposed earlier this year would outlaw the sale of AR15s and other military-grade weapons.

Full post here

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Bob Cesca: Another Gun Massacre and Another Powerful Reason for Stronger Gun Control Laws

At approximately 8 a.m. eastern time on Monday, a man named Aaron Alexis, a former reservist with the U.S. Navy, entered the Naval Sea Systems Command office building at the Navy Yard in Washington, D.C. and opened fire, killing 12 people and wounding 10 others. The gunman used a shotgun, a handgun and an AR-15 semi-automatic assault rifle to rain bullets into a crowd of people before eventually being shot and killed by police.

At 2:15 p.m., six hours after the massacre, Rep. Steve Stockman (R-TX) tweeted the following sentiment to his followers: “Remember to keep praying for those affected by both the Navy Yard shootings and the Colorado floods.”

A noble gesture — that is if you ignore the irony that the congressman is a vocal climate crisis denier, as well as one of the NRA’s most valuable allies inside the House of Representatives with a creepy obsession with AR-15 assault rifles, say nothing of being one of the only internet trolls serving as a member of Congress.

More here

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Charles Pierce: Ignorance Is Bliss

This seems like a particularly good day to be ignoring the work of academics, doesn’t it?

Conclusions. We observed a robust correlation between higher levels of gun ownership and higher firearm homicide rates. Although we could not determine causation, we found that states with higher rates of gun ownership had disproportionately large numbers of deaths from firearm-related homicides.

…. The results of the study may seem little more than an exercise in confirming the obvious, but that’s an exercise the country needs. It needs to have the obvious – guns kill people, health-insurance helps keep them alive, large banks are all thieves, economic oligarchy is incompatible with political democracy, Fk The Deficit….

Full post here

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Steve Benen: When will enough be enough?’

After two Democratic state senators were defeated in Colorado recall elections last week, there was some speculation that proponents of gun-safety would begin to retreat, backing away from efforts to reduce gun violence.

After a dozen people were gunned down yesterday at the Navy Yard in D.C., there was ample evidence to the contrary.

President Obama briefly addressed the issue at the start of his speech on the economy, arguing that policymakers must “do everything that we can to try to prevent” these mass shootings. Like-minded lawmakers followed suit.

More here

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Mediaite: In Todd We Trust? Tweet, Don’t Verify New Trend in Reporter Race to First

If the Boston bombings taught us anything about the state of media in 2013, it’s that some reporters—like quarterbacks—have trouble dealing with pressure.

…. two days after the bombings and with suspects still on the loose, four major media entities (AP, Boston Globe, CNN and Fox News) all got the name of one potential suspect wrong….

… it’s no surprise that following the shooting at a Washington Naval Yard CBS and NBC took their turn in reporting the name of the wrong suspect in an effort to beat the clock…

More here

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ThinkProgress: Under Obamacare, Millions Of Americans Will Pay Less Than $100 Per Month For Health Insurance

About 6.4 million Americans will be able to purchase insurance for less than $100 each month on Obamacare’s new state-level marketplaces, according to a new report from the Department of Health and Human Services. That’s because those people will be eligible for federal subsidies that will reduce the price of purchasing a plan under the health reform law.

The Obama administration calculated the expected premiums for people buying “silver” plans, which are the second-cheapest option on the new insurance marketplaces. Even though not every marketplace has announced its premium rates yet, researchers were still able to estimate those payments based on the health law’s rule for determining subsidies.

More here

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CNBC: Priced to sell: Sweet Obamacare deals for young

Health insurance for most young adults on New York and California’s Obamacare health exchanges will cost dramatically less than what twentysomethings have said they’d be willing to spend on insurance, a new analysis finds.

The attractive prices could significantly boost enrollment in those states’ exchanges and help keep premiums low for people of all ages, said Christina LaMontagne, vice president of price-comparison site NerdWallet, which did the analysis.

More here

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Jonathan Cohn: …. the biggest news on Monday wasn’t about Obamacare’s poll numbers. It was about Obamacare’s reach. And there the news was much clearly better. In Michigan, Republican Governor Rick Snyder signed a bill that will expand the state’s Medicaid program, as Obamacare envisions. The signing was the culmination of a long, difficult effort by Synder and a bipartisan, statewide-coalition to overcome Tea Party resistance….

…. Greg Sargent got Pew to give him a breakdown of exactly which voters oppose the law so much they want officials to make it fail: Sure enough, it’s Tea Party Republicans. As Greg notes, this voting bloc is highly influential within Republican Party politics, particularly as primary voters: That goes a long way to explaining why congressional Republicans are threatening to shut down the government or allow default if Obama won’t agree to delay or defund the law.

But support for such extreme positions doesn’t extend much outside this group. Meanwhile, it turns out that many people opposed to (or at least ambivalent about) the law simply don’t know much about it….

Full post here

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 AP: US to help Syrian forces fight chemical weapons

President Barack Obama on Monday cleared the way for the U.S. to send chemical weapons-related assistance to the Syrian opposition, as well as international organizations working inside the war-torn Middle Eastern country.

…. The White House said the non-lethal assistance could fall into three categories:

– Chemical weapons-related “personal protective” equipment to international organizations working in Syria, including the Organization for the Prohibition of Chemical Weapons

– Medical assistance to strengthen local Syrian health care providers’ ability to prepare for and respond to the use of chemical weapons

– Defensive chemical weapons training and protective equipment to vetted members of the Syrian opposition to protect against the use of deadly gases..

More here

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USA Today: Netanyahu to meet Obama on Iran

With Syria’s chemical weapons now the subject of negotiations, attention is shifting back to questions about Iran’s nuclear program.

Officials in Israel say Prime Minister Benjamin Netanyahu will meet with President Obama in Washington on Sept. 30, with Iran at the top of the agenda.

More here

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Spandan (The People’s View): Obama on GOP’s Economic Hostage Taking: Don’t Even Think About It

The president spoke [yesterday] on the economy and the upcoming budget battles in Congress. Marking the fifth anniversary of the economic crash of 2008, President Obama spoke of the hard work he and his administration has done to pull the economy back from the brink of another Great Depression – from a rescue of the financial sector to the revival of the American auto industry, restoring confidence in the banking system and creating nearly 7.5 million jobs in the last three-and-a-half years. But he commanded the stage with a serious, “you’re pissing me off” look on his face and one clear,  unequivocal message: The President does not negotiate with economic terrorists.

More here

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Jonathan Weisman: Amid Revolt Over Fiscal ‘Gimmicks,’ Options Dwindle for G.O.P.

First came the “supercommittee,” tasked in 2011 with finding a bipartisan deficit reduction plan but doomed to fail. Then came the “McConnell plan,” a way for Congress to raise the government’s debt limit without actually voting to do so. And in January there was “no budget, no pay,” a measure coupled with the last debt ceiling increase to deny paychecks to lawmakers if they did not pass a budget…..

For three years, Congressional leaders have relied on tactical maneuvers, sleights of hand and sheer gimmickry to move the nation from one fiscal crisis to the next — with little strategy to deal with the actual problems at hand….

President Obama joined the fray Monday, castigating Republicans for the latest budget crisis but “hoping that a light bulb goes off.”

Full article here

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Jonathan Chait: Obama, Republicans, and the Crisis of Legitimacy

…. Since taking control of the House of Representatives in 2011, a coterie of Republicans has challenged this informal approach. Their belief is that the absence of cooperation should lead not to stalemate but to the president bending to their will. That assumption implies a delegitimization of the presidency that Obama has come to understand, belatedly, that he can’t accept.

The Republican Establishment is trying to coax the crisis-mongers out of their fervor. Today The Wall Street Journal editorial page assails Republicans who insist on shutting down the government unless President Obama agrees to destroy his own health-care reform, a fantastical demand. “Kamikaze missions rarely turn out well, least of all for the pilots,” the Journal warns.

…. Establishment Republicans are trying to talk their base out of extreme measures without addressing their deeper belief that House Republicans are entitled to extract concessions from the president, via threat, without compromising at all.

Full post here

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Daily Beast: Banks Really Are Different Five Years After the Financial Crisis

Still think our dysfunctional financial system hasn’t changed a bit since the day of the cataclysm five years ago? On debt, consolidation, and consumers, Daniel Gross explains why you’re wrong.

See here

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Steve Benen: Crusade against Texas clinics based on bogus claims

Texas Gov. Rick Perry and his Republican allies in the state legislature launched an aggressive legislative campaign against reproductive rights over the summer, including measures intended to close the vast majority of clinics where reproductive services are provided.

Proponents of the policies said the measures were necessary in order to protect public safety. Becca Aaronson reports in the Texas Tribune this week that the arguments are plainly contradicted by the facts…..

More here

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On This Day:

President Barack Obama and First Lady Michelle Obama console Paul and Janet Monti, parents of Army Sgt. 1st. Class Jared C. Monti in the Blue Room following a Medal of Honor ceremony in the East Room of the White House on Sept. 17, 2009 (Photo by Pete Souza)

A young boy listens to President Barack Obama as he delivers remarks at a rally on health insurance reform at the Comcast Center, University of Maryland in College Park, Md., on Sept. 17, 2009 (Photo by Pete Souza)

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(A Late) MooooOOOOoooorning!

17
Sep
13

Early Bird Chat

President Barack Obama receives a briefing on the Washington Navy Yard shooting from Lisa Monaco, Assistant to the President for Homeland Security and Counterterrorism, in the Oval Office, Sept. 16, 2013 (Official White House Photo by Pete Souza)

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Morning everyone, just getting to work on R&S now, see ya in a bit.




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