papau

Last active
8 hours, 44 minutes ago
  • A bit of data left out – like there is no “payday” that increases his wealth and the son in law left the firm years ago and the firm itself was a goodie two shoes that tried to save companies – but it makes a nice smear.

  • papau commented on the diary post What Can Labor Win if It Backs Obama’s Re-Election? by Amy B. Dean .

    2012-05-25 22:41:21View | Delete

    I agree.

    Lesser evil is all that is on the table – Romney’s war on teacher unions was announced this week in his “education” push, so the union movement would perhaps avoid than – but Arne Duncan has Obama’s support as he pushes charter schools, so don’t expect much.

  • papau commented on the blog post Activists Still Come Together for Foreclosure Victims

    2012-05-25 22:36:27View | Delete

    There are lawyers in most church groups that I am aware of (indeed in all the groups that I visit in 4 states from Mass to Florida) that take on foreclosure cases pro-bono. My daughter has never lost a case in Florida – albeit the result is only a delay in the foreclosure unless the problem is crazy bank will not admit that there is no cause for foreclosure as they are getting paid as per the loan contract – in which case the court tosses the foreclosure.

    In my own case against BofA I won without much effort – and while my career had me into the law – rather deeply in the tax area – I am not a lawyer and I did not hire one. The errors by a bank can be stopped by a court, albeit the bureaucracy at the bank may not stop the nonsense for a couple of years.

    I believe we have lawyers on FDL who have stopped bank foreclosures – this not an impossible to solve problem.

    I like the fact that OWS is now worldwide and doing “occupy” in so many different ways – including helping those getting hit by foreclosure. I really like the fact the left is active “in the streets”. This is a sad story – but Occupy Our Homes is good to see.

  • papau commented on the blog post France, Germany at Odds Over Eurozone Crisis

    2012-05-25 01:01:45View | Delete

    Since the Eurozone can not push a member out, even if it defaults. How is Greece pushed out when it defaults – paying zero on the bonds owned by “not-private” holders – but saying it will negotiate a reduced payout, as each holder comes to it and sits down for that discussion, but only after the economy starts to grow again?

    The EU can push Greece out by a vote of every other member – if even one disagrees the effort fails.

    The “gentlemen must do as needed despite their being no law to do so” idea – meaning Greece would agree to leave despite its citizens wanting to stay in the EU and in the Euro – seems a bit unrealistic.

    I don’t see the leverage Germany has on Greece.

  • Why is it so hard to let the Clinton tax rates return for everyone – and then pass the Obama tax cuts for the middle class – anyone ever hear of the GOP refusing to pass tax cuts – even if they only affect the middle class?

  • papau commented on the diary post Iran: We Give Up All That For Nothing? Nothing??? by wendydavis.

    2012-05-24 13:48:27View | Delete

    Bad bargaining to be sure – even though it seems right to tell the thief to go to hell when he asks for a $100 after telling you he will put his gun in his pocket if you put yours in your pocket, it may be a wiser course to offer him $10. And then [...]

  • Sad – the idea is obviously to get one more GOP vote against a tax hike on millionaires -

    as if the D’s would know how to use that in an effective ad.

    Meanwhile the return of the Clinton rates – which CBO effectively estimated as a modest 0.5% reduction to 2013 GDP growth — but with a 4 trillion deficit reduction – – is not being discussed.

    Do the Democrats – does Pelosi – think the D base is stupid? – or is it that they can con the media – say MSNBC – into selling the Clinton rates returning as something that must be avoided – God forbid the D’s offer “Obama tax cuts” post the return of the Clinton rates.

    When does Obama get a backbone – or do we do 8 years as GOP lite, pretending everything is forced on him. I wish he had Hillary’s backbone.

  • papau commented on the blog post Dems Start Negotiating Against Themselves on Bush Tax Cuts

    2012-05-23 17:23:01View | Delete

    Sad – the idea is obviously to get one more GOP vote against a tax hike on millionaires -

    as if the D’s would know how to use that in an effective ad.

    Meanwhile the return of the Clinton rates – which CBO effectively estimated as a modest 0.5% reduction to 2013 GDP growth — but with a 4 trillion deficit reduction – - is not being discussed.

    Do the Democrats – does Pelosi – think the D base is stupid? – or is it that they can con the media – say MSNBC – into selling the Clinton rates returning as something that must be avoided – God forbid the D’s offer “Obama tax cuts” post the return of the Clinton rates.

    When does Obama get a backbone – or do we do 8 years as GOP lite, pretending everything is forced on him. I wish he had Hillary’s backbone.

  • papau commented on the blog post Germany Rules Out Eurobonds

    2012-05-23 13:27:22View | Delete

    Say what?????

    Ponsi is a term given to an investment system that has a mathematical proof of failure that was presented in court (take other folks money – spend it – earn/produce nothing).

    I have not seen that recommended by anyone as an economic system – although the nuts on the right see any taxation as a theft and a waste.

  • papau commented on the blog post Germany Rules Out Eurobonds

    2012-05-23 13:23:21View | Delete

    I agree

    but David’s “far left Alexis Tsipras” – the leader pf a coalition of parties now registering as a separate party so they can get the 50 seat bonus if they come in first in the next election – well Αλέξης Τσίπρας is a former communist to be sure, but seems like a standard leftest these days – I suspect “far-left” only works under the nonsense our media sells us on where the center is.

    The far left Greek would impose the 5th century BC Greek rules that limited total income and total wealth with exile if you tried to exceed those limits. There is a reason the time when the far left Greeks ruled is called the “golden age” !! :-)

  • papau commented on the diary post Hellman and Kramer: How Much Does Washington Spend on “Defense”? by Tom Engelhardt.

    2012-05-23 10:58:48View | Delete

    I believe $1 trillion underestimates the defense/intel budget The money hidden in the budget in other departments and CIA/NSA secret funds held overseas (money printed by the CIA and used by the CIA overseas should also be included, as well as payments made by US corporations to fund CIA needs – we funded a Pakistan [...]

  • Excellent Excellent post As I first commented when “MMT” was first discussed at FDL, “MMT” is not new theory – and I am glad to see Stephanie Kelton point this out. Indeed Paul Samuelson was teaching this back in the early 60′s and today’s version of Samuelson – Paul Krugman – repeats the same obvious [...]

  • papau commented on the diary post Why vote for Obama? Let me count the whys – 3 by David Seaton.

    2012-05-23 09:58:46View | Delete

    I did the same analysis as you and spoke out and wrote the same view as to Obama and 2008, and now indeed agree with you on this point. But there must be consequences – or change never comes. The lesser of two evils era is over for me. Obama either endorses the return of [...]

  • papau commented on the blog post CBO Looks at the Fiscal Cliff

    2012-05-23 09:42:05View | Delete

    Spot on post, David.

    There is an analysis that is out (CBO I believe) that has the cliff with and without the Clinton tax rates returning – and it is only a 0.5% reduction in next years GDP growth.

    ZERO POINT 5 PERCENT !!!! 0.5% !!!!!

    The Clinton Tax rates return and we have a president that can reshape the fairness of the code – but I guess that is something the White House Staff does not want. Obama Tax Cuts would not be as strong a legacy as Obama destruction of Medicare and Social Security in the Grand Bargain.

  • papau commented on the diary post Why vote for Obama? Let me count the whys – 3 by David Seaton.

    2012-05-22 16:34:36View | Delete

    a discussion that has “111″ reasons in these posts ? – no – I suspect they will go to November 6, 2012 – so 168 more posts – add the current three – and the last one might be the 171th post Of course getting 111 reasons into those 171 posts to vote for the [...]

  • papau commented on the diary post Why vote for Obama? Let me count the whys – 3 by David Seaton.

    2012-05-22 16:18:38View | Delete

    I agree

    spot on comment

  • papau commented on the diary post Research: Observations Decisively Indicate External Forcing Cause of Arctic Sea Ice Loss by WeatherDem.

    2012-05-22 08:47:26View | Delete

    The latest story at your link is that TEMP causes the CO2 rise and not the other way around – but as noted in the comments “if CO2 was so sensitive to temperatures (we are talking about 100ppm per 1 degree Celsius), then the ice age data stops making sense. In the ice ages, CO2 [...]

  • papau commented on the diary post DNA and GSR Update on George Zimmerman Case by Masoninblue.

    2012-05-22 07:38:23View | Delete

    Sadly the Miami “legitimate” press http://www.miamiherald.com/2012/03/26/2714778/thousands-expected-at-trayvon.html obtained a “police report on the bag” that was the reason for the 10 day suspension and said that the report noted that it contained a “burglary” tool (a screwdriver) and several pieces of jewelery – with a quote from the Martin family saying that no one told them [...]

  • papau commented on the blog post Late Night: FIRESTORMS of Controversy

    2012-05-21 21:39:54View | Delete

    Some of us take our writing inspiration from Kant :-)

    Of course I admit I can write worth a damn – getting to readable is the only goal.

  • papau commented on the diary post Ezekiel Emmanuel Doesn’t Like Social Security and Medicare by Dean Baker.

    2012-05-21 21:35:05View | Delete

    Ezekiel “Zeke” Jonathan Emanuel, Rahm Emanuel, Harold Ford Jr, Mayor Cory Booker, and Obama may as well be GOP – they are as owned by the 1% as any in the GOP and as willing to screw the sick and aged as a Pete Peterson staffer.

  • Load More