(Note the counter-linkage or weaving of sources.)
Reading of the Day and relevant fn.
One great thing about Obama's primary victory is now we know that's not true. This is the modern Republican Party. It turns out they were the ones who adopted Malcolm X's slogan, "By any means necessary." As disgusted as I am with S&P's decision to downgrade U.S. debt, the ratings agency took the unusual step of calling out the GOP in its press release, predicting future fiscal peril "because the majority of Republicans in Congress continue to resist any measure that would raise revenues," Sen. John Kerry was right to call it the "Tea Party downgrade" on "Meet the Press" Sunday. They have now made clear they'll wreck the economy as long as they can wreck Obama's presidency. And we have no way to know that Clinton's history with right-wing saboteurs would have enabled her to fight more effectively.
Simpson-Bowles and S&P Re: Revenue.
Hennessey’s assessment of Simpson-Bowles is even more puzzling. As I’ve noted before, Simpson-Bowles raised about $2 trillion in new revenues and cut defense spending by about $800 billion. The plan Obama proposed to Boehner raises half as much revenue and, from what I’m told, includes about half as much in defense cuts. It’s hard to see how that qualifies as "to the left" of Simpson-Bowles.
The fn. above discusses a narrative that is lacking in Obama's rhetoric. The actual recalcitrance of the Republican party, the lack of a filibuster proof congress, not to mention the media as we know it(Koch Brothers), argues more balanced narrative than Blame Obama. The Obama Inaugural was our calling.
(NFRY)
Candidate Obama was nuanced and President Obama is pragmatic and incremental, the message is clear.
[Hoist on our own Picard.]
[More Meet the Press.]
Green Span on Degree of Certainty: the only thing certain is change, and that the Right won't.
I mean Greenspan: "this deficit problem that is out there is a lot larger than we calculated. the actual numbers employed by those calculating the deficits are based on a level of economic activity, which we are not acheiving." Rather than translate IMHO the Greenspan quote, there is FIXING NEWS(as opposed to breaking) as the President addresses the downgrade now. (Remarks by the President: and previous remarks)
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