Tweet
Good to know that the jobs crisis is over now that we passed three “free” trade deals and patent reform.
• California Democrats sent a sharply worded letter to the President to deal with the foreclosure crisis. Meanwhile, Occupy Wall Street shut down a Brooklyn foreclosure auction today. Who was more effective?
• Today was National Media Gets to Rip Herman Cain’s 9-9-9 Plan Day. It’s eminently rippable – I’ve done it myself – but it was hard to see it as anything but a coordinated attack. Especially when you see conservative establishment pillar Grover Norquist come out against it.
• And yes, it’s completely worth ripping Cain’s plan, since it’s not a plan at all and Cain doesn’t seem to even know how it will work. Maybe he should play some SimCity and find out.
• President Obama raised $70 million in the third quarter, but that includes the DNC’s figures as well.
• Interesting to see this parallel between Occupy Wall Street and Coxey’s Army, but the author misses that lots of the labor movement’s leading lights came out of the Coxey’s Army movement and won tangible gains for American workers.
• The point of Operation Twist was to lower long-term interest rates. After initially going down, 30-year fixed mortgage rates are headed back up. So much for twisting.
• Good interivew by Joan Walsh with the man who blocked John Lewis from speaking at Occupy Atlanta, turning a caricature into a fully rendered person.
• JPMorgan Chase is struggling on $4.26 billion a quarter. I don’t know how they’ll survive.
• Yes, the Tea Party was sold out by their representatives on the trade deals, but Occupy Wall Street isn’t even a month old, so isn’t it a bit much to term them failures, especially when large majorities of Democrats voted against the trade pacts?
• Without any help from monetary or fiscal policy, you can bet that layoffs will rise.
• Another scam involving News Corp. And they seemed like such upstanding individuals.
• I think you can clearly see the goals of the education “reform” movement from the fact that they are cheering the demise of the American Jobs Act and the $30 billion it would have provided to schools. They need schools starved for cash so they can blackmail them into reform measures, you see.
• Small businesses, engines of recovery, can’t stand corporate tax havens, and they won’t like a repatriation tax holiday that would facilitate them.
• Ben Nelson breaking new ground in campaign finance corruption.
• The Government Accountability Office decided that the Postal Service isn’t actually owed a big refund from pre-funding 75 years of retirement benefits, something I’m sure Democrats will dispute.
• Elizabeth Warren’s bio spot is pretty compelling.
• It’s not withdrawal in Iraq so much as it’s a change in uniform.
• Jon Huntsman sounds like he wants to break up the big banks. Well, that’s 1% of the Republican Party in favor, then.
• If all HAMP dollars were put into foreclosure mediation programs, the country would be much better off today.
• Orrin Hatch spoke out for drug rebates for Medicare Part D, pronouncing that the government pays too much for drugs under that program. Then the pharma lobby got to him.
• The US should not be selling arms to Bahrain that probably will be used to repress their own citizens.
• Support for the death penalty in the US is at its lowest point in 39 years, but that still means that it has 61% support.
• A history lesson on corporate personhood from Ryan Grim and Mike Sacks, employees of large corporation AOL.
• Raj Rajaratnam gets 11 years for his insider trading crimes.
• Yahoo pulls out of the US Chamber of Commerce, joining a number of tech firms over the past few years.
• Florida Governor Rick Scott wins the award for jerkiest dad of the year.
• Occupy Wall Street gets the coveted Lech Walesa endorsement. I did not know he was still alive.
30 Comments
Support this site!
Subscribe to the newsletter
Advertise on Firedoglake
Send
us your tips
Make us your homepage
About FDL News Desk
Which allows Eric Holder and Preet Bharara to pretend that they’re being tough on Wall Street.
Cain’s 9-9-9 plan shows how simthetic he is
So..uh…what exactly is “effective” about shutting down a foreclosure auction? Wanting to overhaul the system is one thing, interfering with a lawful process is another.
Cain’s 999 plan is faulty, that’s for certain. I don’t like the idea of what that would do to retirees on fixed incomes such as social security, it would bite deeply as they try to buy just the basics to survive. Also I don’t like the idea of having a federal income tax as well as a national sales tax because neither will ever go away and the feds screw up almost everything they touch.
I think Cain knows his plan will never gain any real traction but at least it’s a conversation starter. A tax code that is 17,000 pages long could use a good dose of simplifying.
Bwahahahaha. As if there were “law” in the USA!
Here’re examples of the lack of law in USA.
Joe Diaz sounds pretty smart and admirable, especially compared to Joan Walsh, who said this in one of her questions:
Got that? It was the lefties fault that the corporate wing took over the party. Yeesh.
And it protected actual People….ones that breathe
It’s always the lefties’ fault for everything conservative, evil, etc., that Democrats do, especially when discussing the party as a whole.
but Occupy Wall Street isn’t even a month old, so isn’t it a bit much to term them failures, especially when large majorities of Democrats voted against the trade pacts?
Not sure I follow David. Are you saying dems voted against trade deals because of OWS? Seems a bit of a stretch. Also politicians are very good at hiding behind no votes when they know there is enough yes votes to pass it. You get to see their true colors when their vote is needed. Health care act without the public option. debt ceiling bill with SS and MC on the table.
Can’t have that!
Thinking dday’s comments were snark.
Oh but there is, you may not like all of the laws but they exist nonetheless. Choosing which laws you want to ignore is the risk you take and then you can pay the price.
Geez. Grow up. Listen to the link I left above. The USG, and many other govts NEVER obey the laughingly-referred-to-as law.
By the way, what’s up with the snotty I-didn’t-know-he-was-still-alive comment about Walesa?
He should be calling it the 9-1-1 plan, since it would result in a national emergency.
I didn’t assume that it was snotty. It could just be a plain old statement of fact.
Alex Jones had former State Department official, Steve Pieczenik on 10/13/11.
They’re saying that War with Iran has been “greenlighted.”
Based on what I saw last night on C-Span, and how this bogus Mexican Drug Cartel / Texas used car salesman–Iranian operative bullshit story is being pushed hard by both Dems and Repubs, it seems very reminiscent of the run-up to the Iraq War.
http://www.youtube.com/watch?v=A6N1m74tQH0
When in doubt, punch a hippie.
Shutting down a foreclosure auction means the bank will have to re-schedule it. They won’t be able to do anything with their property for several more days.
Ah, so you feel carte-blanche with protesters ignoring the law is now acceptable, you sure you want to open that door?
Which in effect did nothing other than provide the bank with the knowledge that they need better security for the rescheduled event; the end result will be the same.
there is a great need for coordinated action
the ows protestors are the front-line troops but they will eventually be crushed unless supported by rear guard actions
there needs to be a coordinated national effort by the left, just as the right has so successfully done
the right’s organizing and motivating feature is money and, plainly, that will not work for the left
though money is necessary for the leftto succeed, it is not sufficient
in fact, the primary social and cultural efforts of the modern american left must be to de-glorify wealth and make greed socially unacceptable
then there is the legal front
and, once again, the front line protesters
all these efforts must be coordinated and that will require some measure of central planning, but just enough to ensure efficiency as spontaneity and individual efforts will remain the backbone of the left’s resurgence
i am impressed that walesa is coming to ows and that the movement is globalizing
Daily David Dayen never ceases to be Amazing!
Thank You ! Thank You ! Thank You!
In the Republican dictionary, “reform” means “dismantling.”
Is this the latest big lie?
The House had enough votes to pass. Dems in the HOUSE didn’t have to vote for it. I guess I should be happy you didn’t call it record majorities against?
In the other body that Dems control, check those vote counts yourself. There was no large majorities of Dems against.
What was Korea jobs trade bill? 83 Y 15 N 2 NV ?
Does that look like a large majority of Dems voted against?
Can you please kill this meme? You know, the one where we pretend Dems don’t play rotating villain and don’t work with R’s to skin the rest of us?
All of us were sacrificed.
“They” includes Race-to-the-bottom Barry and his hack no-experience-with-the-education-profession CEO of schools ed secretary.
The American Jobs Act was entirely For Show. Why help them promote their circuses or pretend it actually distinguishes the 0 from the r’s, dd?
Many times in history it has been necessary to protest and flout unjust laws and those who enforce them, in order to coerce the ruling class to change them. It’s known as nonviolent resistance for a just cause. Like Rosa Parks taking a front seat on the bus. Apparently Rafe is unable to comprehend that now is such a time for this kind of action, because all other avenues to “bend the curve of justice” (MLK) have failed.