By Month
Recent Entries
|
|
| Send email to omblog.net |
The Huffington Post
DailyKos
AmericaBlog
The Bonddad Blog
Fight the Smears
The Jed Report
Atrios
Talking Points Memo
Hullabaloo
Firedoglake
BAGnewNotes
Paul Krugman
Talk To Action
Cliff Schector
Bob Cesca
Obsidian Wings
Evolving In Kansas
TPM Muckraker
TPM Cafe
The Young Turks YouTube
Elliott Wave on Deflation
The Great Bear Funds Page
Afraid to Trade
ThinkProgress
Center for American Progress
Campaign for America's Future
Firedup Missouri
Glenn Greenwald
Crooks and Liars :
Juan Cole
Media Matters
FAIR Blog
CREW
Gun Guys
AlterNet Video
Buzzflash.net
AFLCIOnow
Jesus' General
Flying Spaghetti Monster
Campus Progress
Max Blumenthal
Truthout
BuzzFlash.com
The Nation
AlterNet
News Hounds
Liberal Oasis
The Raw Story
American Rights at Work
How is news coverage working for you? Pop Quiz: How Many soldiers have we lost this Month?
How To Tell People They Sound Racist
November 17, 2008 9:07 pm
Paul Krugman Schools George Will On The Great Depression
November 17, 2008 8:15 pm
The Worst Is Not Behind Us
November 16, 2008 9:39 pm
Beware of those who say we've hit the bottom
.
By Nouriel Roubini, Professor at the Stern Business School at New York University, chairman of Roubini Global Economics and weekly columnist for Forbes.com.
.......Obama will inherit an economic and financial mess worse than anything the U.S. has faced in decades: the most severe recession in 50 years; the worst financial and banking crisis since the Great Depression; a ballooning fiscal deficit that may be as high as a trillion dollars in 2009 and 2010; a huge current account deficit; a financial system that is in a severe crisis and where deleveraging is still occurring at a very rapid pace, thus causing a worsening of the credit crunch; a household sector where millions of households are insolvent, into negative equity territory and on the verge of losing their homes; a serious risk of deflation as the slack in goods, labor and commodity markets becomes deeper; the risk that we will end in a deflationary liquidity trap as the Fed is fast approaching the zero-bound constraint for the Fed funds rate; the risk of a severe debt deflation as the real value of nominal liabilities will rise, given price deflation, while the value of financial assets is still plunging.
This is the bitter gift that the Bush administration has bequeathed to Obama and the Democrats.......
Sarah Palin Will Never Be President -- Trust Me
November 16, 2008 7:56 pm
Frank Schaeffer
......Sarah Palin will never hold national office nor will any Republican at the presidential level for a long time to come. Why? Because America has uneducated jerks in it but is not a nation of uneducated jerks. The Republicans are done, hoisted on the petard of their own "southern strategy."
The Republican Party is only a step away from becoming the fringe of the fringe, identified more with cross-burning weirdoes wearing hoods, folks like the Alaska secessionist party, all those gun owners stocking up on assault weapons before the "Socialist/United Nations/Obama/Muslim" conspiracy comes to fruition, than with anything remotely like a serious national political force.
The Republican Party--and I speak as a former lifelong Republican who, up through the 2000 primary campaign supported John McCain and even worked for him by arguing his case on various conservative and religious radio stations--is now the toy of the Rush Limbaugh windbags. These folks include outright crazies (such as Sarah Palin's Assemblies of God pals who are waiting for Spaceship Jesus to rescue them and/or rooting out "witches" from their midst), white racists and a few not-very-bright attention seekers, including Ann Coulter, Sean Hannity etc........
.....Meanwhile many former Republicans--like me--ran to Obama as fast as our legs could carry us and away from our willfully "we're not an elite" moronic former party. Republican commentators such as David Brooks and George Will mourned the loss of the Republican center. Others noted the Republicans have become anti-intellectual. "Anti-intellectual?" They wish! How about simply anti-literate?.....
......What's the best defense against the rube/Palin voters derailing the Republican Party forever? If the statistics of who voted for whom are correct, the education of white people in the deep South and their economic empowerment is the best answer. Maybe it will take a black Democratic president to figure out some affirmative action program that can get our southern born-again white underclass into colleges and thereby save the Republican party.
WATCH: Expert Derided While Predicting Financial Crisis
November 14, 2008 6:08 pm
Obama Roasts Rahm Emanuel At 2005 Fundraiser
November 11, 2008 3:28 pm
Behind the scenes Obama pics
November 10, 2008 8:46 pm
Obama's personal photographer was with him on election night.
There are some absolutely amazing photos.
Freedom States Alliance
November 10, 2008 7:52 pm
On Halloween
night,
T.J. Darrisaw and his family stopped by a house in South Carolina where
the porch light was on to trick-or-treat. As the family waited for the
door to open, the occupant of the home, Quentin
Patrick, fired off 29 bullets with an AK-47 through the still unopened
door because he thought he was being robbed. T.J. was killed instantly
and his father and 9-year-old brother both sustained wounds.
Five days earlier, 8-year-old
Christopher Bizilj was
firing a 9-mm Micro
Uzi
machine gun at the Westfield
Sportsman's Club Machine Gun
Shoot in Massachusetts when he lost control of the weapon and shot
himself in the head. The event organizers boasted in an advertisement
that the $5 entry fee was waived for children under age 16 and there
was "no age limit or licenses required to shoot machine guns."
Focus on the Family likens Obama and Democrats to Nazis
November 10, 2008 7:48 pm
Unbossed.com
This evening James Dobson's Focus on the Family Action
sent out a fundraising email to members that likened the victories of
Barack Obama and congressional Democrats in Tuesday's election to the
Nazi bombing of England during World War II. The author of this vile
letter is Tom Minnery, Senior Vice President of Focus on the
Family Action. It was nearly inevitable that anger over
losing the 2008 election would soon provoke right-wing extremists to
violate Godwin's
Law.
Obama's victory in Colorado may have been particularly galling for the
Colorado Springs based Focus on the Family, which has been heavily
involved in the political campaign this year advocating for
conservative issues. James
Dobson personally endorsed the McCain-Palin ticket this fall.
The Obama Agenda
November 9, 2008 7:14 pm
Paul Krugman, The New York Times
.......it would be fair for the new administration to point out how conservative ideology, the belief that greed is always good, helped create this crisis. What F.D.R. said in his second inaugural address - "We have always known that heedless self-interest was bad morals; we know now that it is bad economics" - has never rung truer.
And right now happens to be one of those times when the converse is also true, and good morals are good economics. Helping the neediest in a time of crisis, through expanded health and unemployment benefits, is the morally right thing to do; it's also a far more effective form of economic stimulus than cutting the capital gains tax. Providing aid to beleaguered state and local governments, so that they can sustain essential public services, is important for those who depend on those services; it's also a way to avoid job losses and limit the depth of the economy's slump.
So a serious progressive agenda - call it a new New Deal - isn't just economically possible, it's exactly what the economy needs.........
Obama Is Seen Inheriting Worst U.S. Recession Since Reagan Era
November 9, 2008 7:08 pm
By Bob Willis, Bloomberg
President-elect Barack Obama will inherit the worst recession since Ronald Reagan’s second year in the White House, economists said as figures showed U.S. payrolls plunged by more than half a million the past two months.
The economy will shrink at a 3.5 percent annual rate in the fourth quarter and at a 2 percent pace in the first quarter of 2009, nearly twice prior estimates, Goldman Sachs Group Inc. economists led by Jan Hatzius wrote yesterday in a note. That would be the biggest back-to-back contraction since 1982.
The surge in unemployment reflected an economic cave-in in October, when car sales plunged 32 percent, manufacturing contracted the most in 26 years and consumer confidence fell to a record low
Celebrating America
November 8, 2008 11:53 pm
Al Franken's SUPPLY SIDE JESUS: An animated comic strip.
November 8, 2008 10:24 pm
This is pretty interesting. From one of Al's books.
Sarah Palin blamed by the US Secret Service over death threats against Barack Obama
November 8, 2008 8:12 pm
Sarah Palin's attacks on Barack Obama's patriotism provoked a spike in death threats against the future president, Secret Service agents revealed during the final weeks of the campaign.
Tim Shipman, telegraph.co.uk
The Republican vice presidential candidate attracted criticism for accusing Mr Obama of "palling around with terrorists", citing his association with the sixties radical William Ayers.
The attacks provoked a near lynch mob atmosphere at her rallies, with supporters yelling "terrorist" and "kill him" until the McCain campaign ordered her to tone down the rhetoric.
But it has now emerged that her demagogic tone may have unintentionally encouraged white supremacists to go even further.
The Secret Service warned the Obama family in mid October that they had seen a dramatic increase in the number of threats against the Democratic candidate, coinciding with Mrs Palin's attacks.
Michelle Obama, the future First Lady, was so upset that she turned to her friend and campaign adviser Valerie Jarrett and said: "Why would they try to make people hate us?".....
The Seven Mountains Mandate
November 7, 2008 10:28 pm
This is pretty creepy. In a new 10 minute documentary video, Bruce Wilson examines, in the context of its heavily anti-Semitic undertone, the New Apostolic Reformation's recently launched program encouraging and equipping Christians to begin taking control of business and finance.
Shocking Level of Ignorance Elevated by the Republican Party
November 7, 2008 8:39 pm
The monster years
November 5, 2008 7:51 pm
Paul Krugman
Last night wasn’t just a victory for tolerance; it wasn’t just a mandate for progressive change; it was also, I hope, the end of the monster years.
What I mean by that is that for the past 14 years America’s political life has been largely dominated by, well, monsters. Monsters like Tom DeLay, who suggested that the shootings at Columbine happened because schools teach students the theory of evolution. Monsters like Karl Rove, who declared that liberals wanted to offer “therapy and understanding” to terrorists. Monsters like Dick Cheney, who saw 9/11 as an opportunity to start torturing people.
And in our national discourse, we pretended that these monsters were reasonable, respectable people. To point out that the monsters were, in fact, monsters, was "shrill."
Four years ago it seemed as if the monsters would dominate American politics for a long time to come. But for now, at least, they’ve been banished to the wilderness.
Looking Back At The Campaign That Was
November 5, 2008 10:33 am
How Did This Happen?
November 3, 2008 9:48 pm
Bush, Wall Street, and conservative policies caused the financial crisis. We provide the facts, debunk the myths and show who's to blame.
Obama's Comments On His Grandmother's Passing
November 3, 2008 9:35 pm
SUPERBARACK
November 3, 2008 9:30 pm
From the BARACKY guys:
No Currency Left to Buy the Big Lies
November 2, 2008 9:48 pm
John Cusack
......So we have laws that allow borrowing money against derivatives -- basically a bet between two people who create nothing without collateral. They leveraged the public financial health on something you wouldn't be allowed to do in Vegas. It illustrates the corruption that has become institutionalized through deregulation and a culture of predatory greed. Alan Greenspan testified that he was shocked: business didn't regulate itself. The common good was not achieved by greed. Naomi Klein read him the definition of crony capitalism and asked if it fit the description of the Bush administration's relationship to its favorite corporations:......
How to Protect Your Vote and Spot Dirty Tricks
November 2, 2008 9:13 pm
What Does "Spread the Wealth" Really Mean?
November 1, 2008 9:14 pm
Republicans - Watch Out! Blacks Are Voting!
November 1, 2008 9:12 pm
About Our Blog
We want to talk about politics and religion; the two things to avoid at family reunions.