A song by Georges Brassens from a 1957 album by the same name:
Remember when Cheney said deficits don’t matter? He said that when we were conducting two wars and when millions of tax-payer money were being siphoned to the paramilitary complex he helped build. Today, a conservative study released by the Aerospace Industries Association is warning that any cuts to the defense budget would increase unemployment. Conservative websites are falling in line behind it without realizing how
hypocritical socialist they sound. Via Hotair:
Automatic cuts totaling $1.2 trillion will hit the defense industry particularly hard. Defense-related jobs makes up about half of the lost jobs, according to the study. The report estimates losses for other sectors of the economy as well: 48,059 jobs in healthcare, 98,953 in construction, 473,250 in manufacturing. California, Virginia and Texas will fare worst.
Fuller predicted an uptick in unemployment without action from Congress:
The unemployment rate will climb above 9 percent, pushing the economy toward recession and reducing projected growth in 2013 by two-thirds. An already weak economy will be undercut as the paychecks of thousands of workers across the economy will be affected from teachers, nurses, construction workers to key federal employees such as border patrol and FBI agents, food inspectors and others.
The first year of cuts will result in a $215 billion drop in America’s GDP. The overall U.S. workforce also faces a $109.4 billion decrease personal earnings.
Cuts to America’s military are particularly alarming. The across-the-board cut of more than $500 billion over the next decade comes in addition to the $487 billion in cuts already proposed by President Obama for the Department of Defense.
Ok. So let me get this straight. Conservatives are against taxes, against budget cuts. Yet, fiscally responsible? LOL.
- Frenzy over sequester hits Hill (politico.com)
The unpredictable Romney of the Past resurfaced once again to launch yet another mortal attack at his great nemesis: present-day Mitt Romney. Via Huffington Post:
Mitt Romney’s repeated claim that he played no part in executive decision-making related to Bain Capital after 1999 is false, according to Romney’s own testimony in June 2002, in which he admitted to sitting on the board of the LifeLike Co., a dollmaker that was a Bain investment during the period.
Romney has consistently insisted that he was too busy organizing the 2002 Winter Olympics to take part in Bain business between 1999 and that event. But in the testimony, which was provided to The Huffington Post, Romney noted that he regularly traveled back to Massachusetts. “[T]here were a number of social trips and business trips that brought me back to Massachusetts, board meetings, Thanksgiving and so forth,” he said.
Romney’s sworn testimony was given as part of a hearing to determine whether he had sufficient residency status in Massachusetts to run for governor.
Romney testified that he “remained on the board of the Staples Corporation and Marriott International, the LifeLike Corporation” at the time.
Yet in the Aug. 12, 2011, federal disclosure form filed as part of his presidential bid, he said, “Mr. Romney retired from Bain Capital on February 11, 1999 to head the Salt Lake Organizing Committee. Since February 11, 1999, Mr. Romney has not had any active role with any Bain Capital entity and has not been involved in the operations of any Bain Capital entity in any way.”
This flip-flop may be the one that’ll do him in. But then again, he is the Republican candidate. He can murder someone in plain day-light, and the right-wingers would still find a way to blame Obama.
- Romney Testified in 2002 That He Attended Bain Board Meetings (littlegreenfootballs.com)
Not all of Romney’s investments at Bain were failures. Among his successes is Stericycle, a company that is still up and running and that specializes in collecting and disposing of medical waste. Included in this waste are aborted babies. How on earth will the social conservatives support a man who arguably supports abortion (at least that was his position until it was politically expedient to change his mind) but, more importantly, who also makes a buck out of it? Via Mother Jones:
Earlier this year, Mitt Romney nearly landed in a politically perilous controversy when the Huffington Post reported that in 1999 the GOP presidential candidate had been part of an investment group that invested $75 million in Stericycle, a medical-waste disposal firm that has been attacked by anti-abortion groups for disposing aborted fetuses collected from family planning clinics. Coming during the heat of the GOP primaries, as Romney tried to sell South Carolina Republicans on his pro-life bona fides, the revelation had the potential to damage the candidate’s reputation among values voters already suspicious of his shifting position on abortion.
And now, David Corn is also reporting that Romney Invested Millions in Chinese Firm That Profited on US Outsourcing. This is getting better and better.
Mohammed Shawabka has been charged for attempted murder. The prosecutors will not have a hard time getting the evidence together.
- Jordan MP who pulled gun on TV faces prosecution (guardian.co.uk)
Rep. David Dreier (R-CA) joined the ranks of the number of Republicans who believe that health insurance companies should have the right to deny people with pre-existing conditions.
And I believe my state of California has a structure in place to deal with pre-existing conditions. It’s a pooling process, which I think is one worthy of consideration, because while I don’t that think someone who is diagnosed with a massive tumor should the next day be able to have millions and millions and millions of dollars in health care provided, I do believe that there can be a structure to deal with the issue of pre-existing conditions.
No apologies, by the way, seems to be the Republicans’ position on this offshore-banking, tax-evading fiasco. They rather America die and their leaders invest abroad rather than vote for Barack Obama.
- Obama calls for greater transparency from Romney (politicalticker.blogs.cnn.com)