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gimlet commented on the blog post IMF, Financial Ministers Gather to Worry About “Headwinds”
The global nature of this suggests a common “governing” body of some sort directing things.
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gimlet commented on the diary post Stimulating the Economy 2,717 Big Ass Mine Resistant Ambush Protected Vehicles at a Time by Lisa Derrick.
If only the police had nuclear weapons. That would certainly be a deterrent to crime.
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gimlet wrote a new diary post: Festivus Presents
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gimlet commented on the blog post Obama Administration Comes Back to Liberal Wonks for Job Creation Ideas
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gimlet commented on the blog post Obama Administration Comes Back to Liberal Wonks for Job Creation Ideas
It’s a scam
The president attempted to strike a populist pose of combative concern for the plight of America’s unemployed, even as he assured his audience of corporate-bribed congressmen that his plan consisted of measures approved by Republicans as well as Democrats and vetted by big business. Every penny in the plan, he stressed, would be paid for through massive cuts in social programs.
He combined a show of sympathy for those who “have spent months looking for work” with invocations of a mythical America “where everyone gets a fair shake and does their fair share” and anybody can “make it.”
“For decades now, Americans have watched that compact erode,” he declared. “They have seen the decks too often stacked against them.”
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gimlet commented on the diary post Pelosi’s Picks for Super Committee Embrace Tea-GOP Economics and Budget Gibberish by Scarecrow.
Not if the IMF and World Bank are but tools of a bigger organization.
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gimlet commented on the diary post Pelosi’s Picks for Super Committee Embrace Tea-GOP Economics and Budget Gibberish by Scarecrow.
The United States has its own currency. It can break out of the austerity trap any time it has the political will. But we are not . Furthermore it sounds like Geithner, etc. are forcing austerity in Europe as well. And then there are the banking links through fed loans (and presumably policies) to European [...]
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gimlet commented on the diary post Pelosi’s Picks for Super Committee Embrace Tea-GOP Economics and Budget Gibberish by Scarecrow.
Minor countries like Switzerland and Iceland seemed to have broken out. Countries could nationalize certain industries, selectively default, threaten default, raise taxes on the wealthy… Lots of avenues they are not taking for some reason. Why have your countrymen suffer when you can go back to your old currency and do better in the next [...]
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gimlet commented on the diary post Pelosi’s Picks for Super Committee Embrace Tea-GOP Economics and Budget Gibberish by Scarecrow.
You are missing the big picture. Everything has to be considered as fitting into that. There is a GLOBAL phenomenon of forced economic austerity. No one has addressed how this is organized or to what purpose. It is unlikely that America can break out of this austerity before it is supposed to. With that as [...]
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gimlet commented on the blog post How will they be able to afford their sterling list of columnists?
Strip mining the streets and homeless shelters for winos, bums and brain-damaged vets was profitable for Kaplan and other for-profit colleges.
And remember the government gives preferential hiring to vets especially those even more qualified than the average vet with diplomas from Freddy’s school.
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gimlet commented on the blog post New WaPost/ABC Poll: 72% of Americans Opposed to Cutting Medicaid, Favor Raising Taxes on Rich People
What this all means is we’ll get a Grand Bargain that cuts Medicaid and raises the eligibility age for Medicare — while cutting taxes for rich people.
And you’ll get Obama and the Republicans telling you that was the message of the 2010 elections.
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gimlet commented on the blog post Goldman Sachs: Jobs Crisis Will Continue for Foreseeable Future
As long as TPTB are sustaining their lifestyle through Fed welfare, they don’t have a motive to improve the general economy.
Take away that free money and see what happens.
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gimlet commented on the diary post Is Peter Peterson a Major Driver of the Country’s Debt? by Dean Baker.
This article is misleading in places and at odds with what I thought was the picture.
http://my.firedoglake.com/gimlet/2011/07/01/reformatting-information-on-the-national-debt/#
Could someone help reconcile it?
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gimlet commented on the blog post Sunday Talking Heads: July 10, 2011
Who to blame? The PTB need scapegoats to keep this thing going.
Liberals of course!
The conservative media have been pounding them for years along with Ann Coulter, Rush…
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gimlet commented on the blog post Sunday Talking Heads: July 10, 2011
Now suppose these same national leaders, starting with President Obama, had convinced themselves that what they wanted to do was exactly the wrong thing, indeed, the dumbest thing they could do. They wanted to impose massive federal spending cuts
Because it’s what they want to do.
Arguing over the proffered reason gives it a legitimacy it doesn’t deserve.
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gimlet commented on the blog post Y’know how to pick ‘em
Piers Anthony, the author?
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gimlet commented on the diary post In Social Security Cuts, Look for the Chained CPI by Daniel Marans.
Social Security expenditures exceeded the program’s non-interest income in 2010 for the first time since 1983. There was a $49 billion deficit last year (excluding interest income) and a $46 billion deficit projected for 2011. Trust fund reserves are projected to be exhausted in 2036. So why tinker with the COLA if the system is [...]
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gimlet commented on the blog post The Debt Limit Deal Is a Gift for Republicans
Another idea would be a LARGE bloc of pledged votes and let the candidates tell us what they will do to win them.
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gimlet commented on the blog post The Debt Limit Deal Is a Gift for Republicans
The unions?
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gimlet commented on the blog post The Debt Limit Deal Is a Gift for Republicans
The debt ceiling is a ruse to do what both parties want, cut Social Security and Medicare.
Remember Obama’s “Debt Commission”? Bernanke’s comment about where the money was and that legislation could get at it?
And of course, Republicans have been after the social safety net since it was first put in place.
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