Category Archives: Greed

Jon Stewart Slams Wall Street For Stock Market Crash

Jon Stewart took on the dramatic dropping of the Dow last night, mocking Wall Street for not only letting this happen, but skirting responsibility, blaming the plunge on a “perfect storm” of circumstances.

And as Stewart found, this is not the first time the “perfect storm” excuse has been used over the years, prompting him to lay into Wall Street for the ineptitude:

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Duty and Honor

Posted by: BetsM

Op-ed by Gary Hart

Gary HartOf the many reasons for public discontent with government generally and Congress particularly, none is more obvious than the wholesale movement of former members of both Houses of Congress into the lobbying business. The massive lobbying industry is quick to remind us that lobbying is perfectly legal, or perhaps it is better to say not illegal, and that it has been going on from the beginning of parliaments. That may be technically true, but it neglects the critical point that, when conducted by former members of Congress, and now increasingly their wives and children, lobbying is a sophisticated way of trading titles provided by voters for substantial personal gain.

No one truly believes that John Doe is as valuable to his lobbying firm and its corporate clients as former Senator John Doe is. Senator John Doe adds prestige to the firm. More importantly, he can open doors in the offices of his former colleagues. In the lobbying business, that is pure gold. The core and centerpiece of the lobbying business is ACCESS. It is possible to count on the fingers of one hand the number of members of Congress who refuse to see a former colleague.

My relatively few years in elective office spanned a critical transition time. Very few of my Senate colleagues from the 1970s became lobbyists. For most of the great ones it was a matter of self-respect and personal honor. By the time I retired from office in the later 1980s, not only former Senators but also their wives and sons and daughters were joining or forming lobbying firms and making a very great deal of money. It would take more than blog space permits to analyze the reasons for this transformation. But much of it had to do with the triumph of money over that earlier sense of personal honor. No American has the right to trade an office and a title bestowed upon him or her by the people for personal gain.

Senators Michael Bennet and Jon Tester are sponsoring legislation to bar Senators from lobbying for life. I would find it amazing if there were even committee hearings on this proposal, let alone a vote on the floor of the Senate. But such a measure would do more to demonstrate that the current Senate is serious about recapturing its dignity, its respect, and its sense of honor than any other single step I can think of. And perhaps most of all, it would go a very long way to restoring the confidence of the people in their government.

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Kiss My Ash

Posted by: TheLCster

Written by Robert J. Elisberg

We’ve gotten to the point where the public today accepts glib political demagoguery from spokesmen for the Republican Party. Certainly, ideas and discourse exist in the GOP, but they’ve been elbowed out of the center ring. And of course there’s nothing acceptable about it. Because there are consequences to their words.

Mind you, I’m not referring to normal, everyday political razzle-dazzle. Lying, exaggeration, double-speak. That’s the lifeblood of all politics. Democrats included.

No, I’m talking about those who rant what they know not to be true, or don’t remotely believe in, or couldn’t care less whether it’s true or not, solely because the only thing they want is to create divisive anger in crowds and do nothing more than score political points.

There are consequences to their words.

All parties have long had irresponsible demagogues. But it has become a driving force within the Republican Party because of their lockstep march against All Things Obama.

Of course, today’s glib political demagoguery starts further back, fine-tuned during the Bush Administration which took the responsibility of national leadership and played it as if it was paintball. The whole “you’re with us or you’re a terrorist” mindset may have been great politics, but there were consequences. When your game is to destroy a CIA agent fighting that very terrorism, the points you get weaken America.

Glib political demagoguery is the thoughtless game that got Dick Cheney telling Treasury Secretary Paul O’Neill, “Reagan proved that deficits don’t matter.” That too was fine politics – but there were consequences. A national debt doubling to $12 trillion. A budget deficit of $482 billion from surplus. And all America is digging ourselves out of them now.

This all hit home very clearly over the past month, as GOP glib political demagoguery has repeatedly showed its consequences, in all its devastation.

The most prominent, of course, is the agonizing disaster of the Gulf of Mexico oil spill. For two years, Republicans from Sarah Palin, John McCain, Mitt Romney, Rudy Giuliani, Michael Steele and beyond, have hyperventilated with their “Drill, Baby, Drill” pontification, not caring its risks, just that it was grand politics for riling up crowds. And now we see the ghastly consequences.

Already 1.6 million gallons of oil have spilled. It could reach past 11 million. In only one day, the slick went from an unthinkable 1,150 square miles to over 3.800. It’s growing faster than The Blob, and nearing the pristine Florida Keys. This is an economic disaster of such catastrophic proportions it could impact the climate. And 11 workers killed.

(It’s a macabre observation that oil is the sole area Sarah Palin has claimed supposed “expertise.” That was never expertise, mind you, but we see the naked Emperor’s Clothes laid bare. Imagine now how empty the rest of her non-existent qualifications are. And not a word from her since the disaster.)

Yet within just the past month, this is far from the only gruesome case by Republicans of glib political demagoguery that has resulted in crushing consequences.

Think back if you will to February 24, 2009. Louisiana Governor Bobby Jindal was selected by the Republican Party to deliver its response to President Obama’s State of the Union Address. With dripping ridicule, Mr. Jindal derided the Obama stimulus investment of “$140 million for something called volcano monitoring.”

Never mind that Sarah Palin, then still governor of Alaska before resigning, let the glib political demagoguery pass. The callousness of this GOP strutting showed itself only a month later, when Mt. Redoubt erupted – in Alaska. There are consequences to glib political demagoguery. Far-greater devastation was only averted because of early volcano monitoring.

But even this isn’t the point. Because, remembering Bobby Jindal and the GOP’s calculated, snide mocking of “something called volcano monitoring,” as if it didn’t matter, as if it was a fake-Socialist, Big Government waste by Barack Obama because he’s Barack Obama – only weeks ago, the entire world saw this:

When Eyjafjallajokull Volcano in Iceland erupted, airline travel came to a complete halt throughout Europe. World commerce was suspended. The world’s climate was impacted. There were a billion dollars in losses. “In terms of closure of airspace, this is worse than after 9/11,” said a spokesman for Britain aviation. “The disruption is probably larger than anything we’ve seen.”

And only a year earlier, the GOP spokesman said: “Instead of monitoring volcanoes, what Congress should be monitoring is the eruption of spending in Washington.”

I’m guessing they’d like to take back that wisecrack about “eruptions.”

This is why government monitor volcanoes. It matters. It has consequences.

It all matters. It all has consequences.

Again.

And again and again.

Like when you engage in glib political demagoguery to rile crowds and endlessly repeat a snarky mantra for political points by attacking “cap and trade” and roaring that “clean coal CLEAN COAL” is the solution, the only solution, the easy answer, you knowingly ignore that there are consequences. And one is the Upper Big Branch mine disaster with 29 men dead.

Disagreement is good. So, too, is active opposition.

But glib political demagoguery is where the line gets drawn.

Our words matters. When you create anger in others to score political points, dismissive of what the devastating results could be, you do not deserve to be on the stage.

The gravest oil disaster in U.S. history. The biggest airline disaster in world history. A mine disaster leaving 29 me dead. All within the last month alone.

The longer list makes it more shameless.

There are consequences for your words.

Far too many Republican spokesman have tried to gut the United States with a shiv, all for 30 pieces of silver and craven political expedience. Too many others in the GOP have quietly, sheepishly acquiesced and enabled them.

Go. Let the adults talk. Let the good and serious people still in your party – and all parties – have the microphone back. You’ve shown your worth. The world can no longer afford you.

Robert J. Elisberg has been a commentator and contributor to such publications as the Los Angeles Times, Los Angeles Daily News, Los Angeles Magazine, C/NET and E! Online, and served on the editorial board for the Writers Guild of America. He has contributed political writing to the anthology, “Clued in on Politics,” 3rd edition (CQ Press).

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Filed under Democrats, Disaster, Environment, Greed, Republicans, Uncategorized

President Obama’s Saturday YouTube Address 02/13/10

white house gov logoWhiteHouse.gov—The President, having just signed the “Pay As You Go” law, discusses the importance of this fundamental rule to getting budget deficits in check. Ensuring that new spending and tax cuts are offset was a important factor in creating the budget surplus of the late 1990’s.
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President Obama’s Saturday Youtube Address: Fighting for the Public Against Special Interests

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WhiteHouse.govPresident Obama Addresses This Week’s Supreme Court Decision~~In this week’s address, President Barack Obama addresses the Supreme Court decision to further empower corporations to use their financial clout to directly influence elections and vows that “as long as I’m your President, I’ll never stop fighting to make sure that the most powerful voice in Washington belongs to you.”
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Republicans Stand by Their Man: Fat Cat The Banker

Posted by: LibbyShaw

Meet Fat Cat the Banker

Meet Fat Cat the Banker

Who would have thought? In its true and hypocritical form The Party of No and Obstruction opposes President Obama’s proposed fees on banks.

Dick Cheney must be hard at work at that printing press in his undisclosed basement.

Prominent Republicans are coming out in opposition to President Barack Obama’s proposal for a $90-billion fee on large banks that took bailout money, a move that political observers say could force the GOP to choose between their traditional anti-tax position and populist anger over the bailout.

On Thursday, GOP Chairman Michael Steele declared that the bank fee — which would be levied only on banks that took bailout money and have more than $50 billion in assets — is “another tax on the American public.”

The GOP is standing by fat cat the banker in yet another effort to oppose President Obama. Republicans demonstrate time and time again that they are willing to put politics ahead of working on solutions to solve the daunting challenges that we face on local, state and national levels.

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All of the Republican’s ranting and raving about the federal bailout is nothing but ginned up rhetoric. Apparently GOP lawmakers hate the bailout and yet they love the banks so much that they do not believe Wall St., aka gambling casinos that put Las Vegas to shame, should have to make reparations to the taxpayers for squandering and stealing our money. God forbid should the big banks have to pay fines for its appallingly irresponsible and over the top reckless behavior that annihilated the U.S. and global economy.

The financial services industry lobbied for the repeal of the Glass Steagall Act in 1999. That allowed banks to use their custodial power over your money to assume huge risks in investment markets.

They also lobbied for the Commodity Futures Modernization Act of 2000, which allowed banks to trade their crooked insurance in secret and exempted from all supervisory authority.

And to help grow the hurricane, then CEO of Goldman Sachs Hank Paulson made a personal plea to the SEC to allow banks to leverage more money against their capital. As much as $4,000 for every $100 in capital they held.

Wall Street may claim this was caused by a perfect storm, but the only thing perfect about it was their ability to line their pockets at the expense of our country.

Republicans apparently think it is a good idea for the banks to return to its wild, careless and out of control gambling practices that all but destroyed our financial security.

The proposed tax would apply to bank, thrift and insurance companies with more than $50 billion in assets and would start after June 30. It would not apply to certain holdings, like customers’ insured savings, but to assets in risk-taking operations. The levy would raise an estimated $90 billion over 10 years, according to the White House.

But it would remain in force longer if all losses to the bailout fund, the Troubled Asset Relief Program, were not recovered after a decade. The Treasury now projects that the losses from the $700 billion loan program, which was created in October 2008, could reach $117 billion, about a third of the loss that it projected last summer — an improved forecast that reflected the renewed strength on Wall Street.

After all, last week during the Texas Republican gubernatorial debate Senator Kay Bailey Hutchison said she and John Cornyn hated voting for the bank bail out. But, alas, they did so only because then President G.W. Bush instructed them to do so in order to save the U.S. and global economy from a complete melt down.

A glimpse at a Texas Republican clown show.

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In their twisted logic Republican politicians insist they hated saving the banks but now they hate imposing punitive fees on the banks’ biggest gamblers.

I suppose now that Sarah Palin has been hired as a professional analyst by FOX, the Propaganda Arm for the RNC, all of the GOP’s verbal inconsistencies and contradictions will soon be fully explained.

Republican lawmakers will howl like possessed banshees about terrorism and the profound urgency for our national security. They also routinely cry for border fences, racial profiling and full body scanners at all airports. And yet when it comes to safeguarding our financial and economic security, Republicans, it appears, are not in the least bit concerned. For them Fat Cat the Banker can do no wrong.

According to an article written by Mr. Frank Rich of the New York Times:

The Other Plot to Wreck America

Americans might be fluent in global terror and the horrors of terrorism but we are woefully uninformed about our domestic financial weapons of mass destruction.

Americans must be told the full story of how Wall Street gamed and inflated the housing bubble, made out like bandits, and then left millions of households in ruin. Without that reckoning, there will be no public clamor for serious reform of a financial system that was as cunningly breached as airline security at the Amsterdam airport. And without reform, another massive attack on our economic security is guaranteed. Now that it can count on government bailouts, Wall Street has more incentive than ever to pump up its risks — secure that it can keep the bonanzas while we get stuck with the losses.

The Director of the Financial Crisis Commission intends to shed some light on the big banks and its financial practices (greed, hubris, stupidity – gosh, why this sounds like a typical old home week of the W. Administration of arrogance and incompetence) over the last several years.

He wants to examine the financial sector’s “greed, stupidity, hubris and outright corruption” — from traders on the ground to the board room. “It’s important that we deliver new information,” he said. “We can’t just rehash what we’ve known to date.” He understands that if he fails to make news or to tell the story in a way that is comprehensible and compelling enough to arouse Americans to demand action, Wall Street and Washington will both keep moving on, unchallenged and unchastened.

Maybe the W. Administration and all of its lackeys including Senators John Cornyn and Kay Bailey Hutchison were far too distracted by non-existent WMD’s in Iraq and no bid contracts to the military/industrial complex to worry much about Wall St.

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Filed under Bailout, Banking, Barack Obama, Capitalism, Creepy right-wing antics, Economy, Greed, Media and Entertainment, Money, Mortgages, MSNBC, News, Partisan Politics, Politics, Presidents, Republicans, RNC, Small Business, The Morning Meeting w/Dylan Ratagan, Video/YouTube, Washington, DC

President Obama’s Saturday YouTube Address 01/16/10

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WhiteHouse.govGetting Our Money Back from Wall Street~~As the President continues to work on immediate job creation, he discusses his proposal for a new fee on the largest financial institutions to ensure that every cent of taxpayer assistance gets paid back. Saying that, “we’re not going to let Wall Street take the money and run,” he then to discusses the ongoing push to make sure banks can never put our economy at risk again.
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Republicans Delivered the Worst Decade in Modern U.S. History

posted by: LibbyShaw

Republicans ruled for 80% of the last decade, 60% of which Republicans were in total control

At least when W. ran his companies into the ground Daddy’s friends would step up and bail junior out. But Daddy’s buddies are nowhere to be found now that W. and his GOP drove the country straight to hell. Tragically for the American taxpayers, we, our children, our grandchildren and great grandchildren will have to clean up the squalor. It will take generations to undo the GOP’s financial carnage.

A recent article published in the Washington Post reveals that the American worker lost big time during the past decade.

This news should come as no surprise to any hard working middle class American. We have been living the pain for 10 long years.

The past decade was the worst for the U.S. economy in modern times, a sharp reversal from a long period of prosperity that is leading economists and policymakers to fundamentally rethink the underpinnings of the nation’s growth.

It was, according to a wide range of data, a lost decade for American workers. The decade began in a moment of triumphalism — there was a current of thought among economists in 1999 that recessions were a thing of the past. By the end, there were two, bookends to a debt-driven expansion that was neither robust nor sustainable.

The Washington Post also reveals that there has been zero net job creation since December 1999. Conditions have not been this grim for decades. Essentially, the American worker has not had a raise in a very long time.

Middle-income households made less in 2008, when adjusted for inflation, than they did in 1999 — and the number is sure to have declined further during a difficult 2009. The Aughts were the first decade of falling median incomes since figures were first compiled in the 1960s.

Click to enlarge

As we well know, our home values have declined as have our retirement and savings accounts.

What happened?

Economists attribute the decline to economic stagnation, an out of control housing bubble, too much risk and too much debt. Money was invested in mini mansions instead of business investments that would have created jobs and economic growth.

The housing bubble both caused, and was enabled by, a boom in indebtedness. Total household debt rose 117 percent from 1999 to its peak in early 2008, according to Federal Reserve data, as Americans borrowed to buy ever more expensive homes and to support consumption more generally.

An experiment called an unbridled free market economy ended very badly for we the people.

The first decade of the new century was an experiment in what happens when an economy comes to rely heavily on borrowed money.

A big part of what happened this decade was that people engaged in excessively risky behavior without realizing the risks associated,” said Karen Dynan, co-director of economic studies at the Brookings Institution. “It’s true not just among consumers but among regulators, financial institutions, lenders, everyone.”

The experiment has ended badly. While the stock market bubble that popped in 2000 caused only a mild recession, the housing and credit bubble has had a much greater punch — driving the unemployment rate to a high, so far, of 10.2 percent, compared with a peak of 6.3 percent following the last such downturn.

In short, the big banks, enabled by Republican free market ideology, gambled with our money and they lost it. And they lost it big time. As we know we the taxpayer had to step up and bail out the banks so there would not be a complete and thoroughly devastating global economic melt down.

The G.W. Bush era was one in which the GOP rewarded every one of its fat cat sugar daddies, including Halliburton with its no bid contracts for a ginned up war called Iraq.

We the people are dearly paying the price for the Bush era’s unforgivable mistakes.

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I am with Dylan Ratigan on this one. The banks should pay the taxpayers back with interest. Why on earth did Hank Paulson give away our money with no strings attached? What was he thinking?

So next time we hear about the virtues of an unbridled free market economy we need to say no way in hell. Any politician who embraces this voodoo notion of economic devastation should be run out of office on a rail for they are unfit to serve the people.

Speaking of unfitness to serve, why is that Republicans have to blame their short comings on others? Why can’t Republicans ever step up and take responsibility for their mistakes?

Republicans are obviously inept at running the economy and they are also incompetent at keeping our nation safe whether from terrorist attacks or national disasters like Hurricane Katrina. It seems that the only thing Republicans are good at is playing the blame game.

A coordinated, successful attack, with sufficient warning, carried out by 19 terrorists, killing 2,973 people, on the 234th day of an administration… that’s completely and totally and absolutely and so gosh-durn’t the fault of the previous President… who happened to be a Democrat.

HOWEVER, an unsuccessful attack, attempted by 1 terrorist, killing absolutely no one on the 339th day of an administration… that’s completely and totally and absolutely and so gosh-durn’t the fault of the current President… who happens to be a Democrat.

SIMILARLY, a complete and total meltdown of the financial system, including a stock market collapse and levels of bankruptcy/foreclosure not seen since the Great Depression on, or around, the 2415th day of an administration… that’s completely and totally and absolutely and so gosh-durn’t the fault of the previous President (and Congress)… who created Acorn, and just happened to be Democrats.

BUT, 10% unemployment and lackluster job growth on the 215th day of an administration… that’s completely and totally and absolutely and so gosh-durn’t the fault of the current President (and Congress)… who want to institute socialism (in the form of Acorn) and happen to be Democrats.

NOW, making a statement from your “brush farm” 144 hours after a dude with bad facial hair is prevented from blowing up an airplane… that’s fighting some serious war on the baddies.

AND YET, making a statement from the beach 72 hours after a dude with bad genital burns is prevented from blowing up an airplane… that’s “pretending the war on terror doesn’t exist“.

If folks really have a desire to destroy what is left of their financial security, go ahead and continue to vote for Republicans. Hopefully most of us won’t have this death wish in November.

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President Obama’s Saturday Address + Ben Nelson “Yes Man”

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WhiteHouse.govThe Patient’s Bill of Rights and Health Reform

December 19, 2009

The President looks back to the bipartisan Patient’s Bill of Rights, a bill that was defeated in Congress at the hands of special interests and their supporters, and notes that health insurance reform covers the same ground and much more in terms of giving the consumers the upper hand over their insurance companies. He calls on the Senate to allow an up-or-down vote, and for those opposing reform to stop using parliamentary maneuvers to drag it out.
Read the Transcript

December 19, 2009.

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Related Story: AP sources: Sen. Nelson to support health bill

WASHINGTON (AP) — Democratic officials say Sen. Ben Nelson intends to support health care legislation backed by President Barack Obama, giving the measure a 60th and decisive vote.

These officials say the Nebraska Democrat will make an announcement later Saturday. Marathon negotiations with the White House and Senate Democratic leaders produced fresh concessions that will mean additional abortion restrictions in the legislation.

source:

Budget office: Democrats’ bill covers 94 percent of population

WASHINGTON (AP) — Congressional budget scorekeepers say the latest Democratic health care bill would cover 94 percent of eligible Americans while reducing the federal deficit.

The Congressional Budget Office said Saturday the changes announced by Senate Majority Leader Harry Reid would cut the deficit by an additional $2 billion, bringing the 10-year total reduction to $132 billion.

The nearly $900 billion bill would be paid for by $483 billion in cuts to Medicare and other federal health programs, as well as tax increases.

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I have news for Texas Senator John Cornyn and U.S. Rep. Pete Sessions

blogpost by libbyshaw

This morning, when I unfolded the front page of the Houston Chronicle the headline

GOP begins to show signs of resurgence

hit me in the face.

Really? A Republican resurgence?

I guess the fact that much of his N.J. constituency viewed Corzine as arrogant, corrupt and the dude who saddled his constituents with high property taxes while at the same time has strong ties to the thieves of all thieves, Goldman Sachs, had nothing to do with his loss.

And let’s ignore the fact that Wall. St. and the financial sector is among the largest employer in the NYC and northern NJ area. Many mid to lower level employees in the financial sector received pink slips when Wall St. crashed. I guess these folks are not in the least bit angry at those who are or were part of the Wall St. establishment.

Earth to GOP obstructionists: incumbents even remotely tied to the Wall St. melt down and the thieving banks are going to get the boot unless Congress does something to regulate and demand transparency from the financial industry.

The once popular New York’s former Democrat and now Republican billionaire mayor Bloomberg had to spend millions upon millions of his own money, outspending his opponents 10 to 1 to barely squeak by a win.

And a lackluster candidate in purple Virginia who ran a lackluster campaign in which he fled from a progressive agenda in a state that traditionally votes for a Governor who is not in the same Party as the President, is a sign of a GOP insurgence?

Voters don’t vote if candidates fail to excite them. And no matter the party, voters will vote against corrupted and/or lying incumbents. Nor will they vote for a candidate who calls him or herself a progressive or conservative but whose words and deeds show they are anything but. Some Republicans may be able to fool the teabagging crowd and old white Independents with double talk and spin, but this crowd is a mere tiny minority. Just wait until Independents in Va. realize the newly elected governor, who pretended to be a centrist, is really a hard core conservative. Welcome to teabagger land, Indies. Maybe next time you won’t be fooled by self-serving liars.

John Cornyn, of course, is gloating all over the place about two the Democratic gubernatorial losses.

These Republican victories clearly demonstrate a strong wave for our candidates in the 2010 midterm elections,” said Sen. John Cornyn, chairman of the National Republican Senatorial Committee.

And predictably, good ol’ Taliban Pete Sessions is also salivating over the Democratic gubernatorial losses. Check out Matt Glazer’s piece over at The Burnt Orange Report.

What John Cornyn and Taliban Pete Sessions fail to admit is the fact that the U.S. House now has two more Democrats. Their Republican colleagues in New York and California had their butts kicked.

John Cornyn and Taliban Pete Sessions are also ignoring the fact that despite all of the money pumped in from outside and all of Sarah Palin’s and Dick Armey’s teabagging efforts, a Democrat in upstate New York took a seat that has been held for over 138 years, since the Civil War, by a Republican.

A progressive Democrat in a traditionally swing and Republican district in California won. And the state of Washington had one progressive victory after another last night.

I wouldn’t gloat too much, Senators. Your job in Washington just got a lot harder. Meanwhile, back here at home, in case you boys forgot that Houston is the largest city in Texas, three progressive Democrats and one Republican ran for mayor. The Republican dude and the old white guy with boatloads of bucks lost. The run-off race is between a gay woman and an African American male. In case you didn’t notice, Texas is growing far more tolerant and diverse. Demographics matter.

After yesterday’s election, all incumbents in all districts should be quaking in their boots. We voters are tired of do nothing and corrupted politicians. The majority of us showed up in 2008 and we demanded transformational change. And yet all we get from Congress are no, never obstructionist Republicans and feet dragging Blue Dogs who seemed to have forgotten what Party they belong to.

Give us what we want or pay dearly in 2010 and 2012. These forthcoming elections will be no cake walks for incumbents.

Earth to the Houston Chronicle: if you do not want to offend progressives like me and unleash a lot of wrath and canceled subscriptions, edit out your reporter’s biased gloating headline.

Finally, earth to all Republicans and GOP enablers in the press and mainstream media, the Republican Party is embroiled in a civil war and it is going to get very bloody.

A conservative’s interpretation of upstate New York’s outcome.

The story of NY-23 is “the Right starts dismantling the Republican establishment.” This is about how the Republican Party is defined and who defines it.

Right now, the movement wants the Republican Party to be defined by opposition to big government. Gradually, as new leaders arise, we will demand that the Republican Party be defined by its own solutions, as well, but rebuilding is an incremental process. We can hammer out the policy agenda and the boundaries of the coalition later.

For now, our job is to disrupt the establishment GOP. If we beat Democrats while we’re at it, great. But the first priority is to fix the Drunk Party – the Living Dead establishment Republicans. They’re history. They just don’t know it yet.

NY-23 was the first shot in that war. It was a direct hit. Next year, we start storming the castle.

I guess the Republican purity purging is due to the fact that Sarah Palin is still ticked off that John McCain’s campaign manager, Steve Schmidt, refused to let Ms. Narcissist give a concession speech after Republicans had their butts kicked royally in 2008.

Indeed, Steve Schmidt distrusted Palin to the point that he was convinced she would figure out how to deliver a speech despite the fact the Vice Presidential candidates rarely if ever give concession speeches.

Schmidt apparently turned off the lights while poor Sarah stood on the stage, unable to spew her self-serving nonsense.

When Presidential candidate John McCain chose Sarah Palin as his running mate in 2008 he unleashed the devils of all devil genies from a bottle buried deep in a Republican made hell.

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