Powered by TypePad

« Sullivan Comes Out In Favor Of "Don't Ask, Don't Tell", Then Makes Stuff Up | Main | AIPAC Case Over »

April 30, 2009

Comments

lurking

Panetta pees his pants.

clarice

I know we can count on David Corn to scream how shocking this is and how it puts the lives of our secret agents at risk.Mo?
Is Jason Leopold working on this, too? Emptywheel? All the rest of the Plame as victim gang?

clarice

OT: But before I leave the WSJ has some optimistic news:

Cramdown Slamdown
Three cheers for obstructionism.Article
more in Opinion »Email Printer
Friendly Share: Yahoo Buzz ↓ More
facebook
MySpace
LinkedIn
Digg
del.icio.us
NewsVine
StumbleUpon
Mixx
Save This ↓ More
Text
The power of a united minority was on beneficial display yesterday, as Senate Republicans defeated the budget bankruptcy "cramdown" bill. Credit goes to Arizona's Jon Kyl and Minority Leader Mitch McConnell, who kept their party together to beat destructive legislation that had easily passed the House and was one of President Obama's housing priorities.

The cramdown would have allowed bankruptcy judges to rewrite contracts to reduce the amount that people owe on their mortgages. But a bipartisan majority understood that relief for today's troubled borrowers would be paid with higher rates on the next generation of homeowners, as lenders priced the added risk into mortgage contracts.

A dozen Democrats joined Republicans in the 51-45 vote, and even Pennsylvania turncoat Arlen Specter gave his former GOP comrades an assist. Speaking for millions of renters and nondelinquent borrowers, Mr. McConnell said that the vote "ensures that homeowners who pay their bills and follow the rules won't see an interest-rate hike at the whim of a bankruptcy judge."

Prior to the vote, the Associated Press described the looming defeat as "the first major legislative setback for the popular president." Illinois Senator Dick Durbin and New York's Chuck Schumer also did their worst to pass the bill, including some arm-twisting of politically vulnerable bankers. Their defeat is a victory for healthy credit markets and, let us hope, a sign that Americans do not want to throw out all the rules of our market economy.

The victory is also an example of Republicans helping the economy and thus saving Democrats from their own worst instincts. Liberals were so intent on helping troubled homeowners that they were willing to punish the profits of the very banks they say they want to lend more to new mortgage borrowers. May we have more such virtuous "obstructionism."

************

Not everyone in the Senate is crazy!! WOW


lurking

Oh, but clarice, bankers own Congress, donchaknow?

RichatUF

Off topic...but...

Ooops, what sort of tax cut is really just playing with the withholding tables and might need to be paid back? An Obama tax cut.

And if you don't pay your taxes, you just might suffer the indignity of being appointed to a senior position in his Administration.

Stephanie

Biden's laser sharp political acumen at work again as Specter may leave a turd in the dem punch bowl...

Couldn't happen to nicer people.

LUN

Mickey

The cramdown news from above is great news indeed. Can you imagine the lines forming at the bankruptcy courts in order to take advantage of this? Plus, investors should be able to excercise their "contractual" rights to arrive at a remedy that minimizes their loss. It is the trampling of contracts that is important here, and this government seems so comfortable to kick them aside as if they have no meaning, and this concept will have enduring consequences.

Topsecretk9

I noticed something interesting -- this is under the caption:

Psychologists Bruce Jessen, left, and Jim Mitchell shaped the CIA's interrogation program of al Qaeda detainees, including Abu Zubaydah. Both refused to speak to ABC News citing confidentiality agreements with the U.S. government.

No stop and ponder (like Cheney did) why did not the CIA have super important, national command authority Joe Wilson sign their STANDARD OPERATING and REQUIRED confidentiality agreement?

Topsecretk9

Again:

two well-paid psychologists now working out of an unmarked office building in Spokane, Washington.

Bruce Jessen and Jim Mitchell, former military officers, together founded Mitchell Jessen and Associates.

Both men declined to speak to ABC News citing non-disclosure agreements with the CIA. But sources say Jessen and Mitchell together designed and implemented the CIA's interrogation program.

Non-disclosure. You would think there would be ONE reporter out there who might have wondered why the CIA failure breakdown of protocol on confidentiality with super, scary important Wilson happened and who paid for it?

/sarc off on there being a "reporter" and someone getting in trouble for not following the non-disclosure rules.

pagar

what sort of tax cut is really just playing with the withholding

If one has to pay it back, is it still a tax cut? Only in Obamaland could one find people that believe this.

sbw

Journalists need to focus on the magician's other hand:

For all of the administration's anguish that terrorist interrogation techniques ignored the rule of law, Obama's administration shows precious little respect for the rule of law when it subverts Bank of America stockholders by misrepresenting Merrill Lynch, strong arms employees who signed retention contracts with investment firms, and cheats those whose precious savings were invested in Chrysler bonds.

Jane

Obama is declaring a decrease in interest rates as a tax cut.

So I'm not the least bit surprised.

Thomas Collins

OFF TOPIC ALERT

See LUN for an article on the AIPAC matter (which, if the article is correct, is no longer a matter).

Extraneus

I assume there will be some Michelle-following stock-watchers here who are eager to buy into the high-end ($540!) Lanvin sneaker industry.

>US first lady Michelle Obama's Lanvin sneakers.

Extraneus

Ooops, forgot to close a tag.

Sue

Hey girls, the photo of Michelle Obama in her gardening clothes that we snarked about...Michelle was wearing designer sneakers. Cost? $540.

http://www.nydailynews.com/lifestyle/fashion/2009/05/01/2009-05-01_first_lady_michelle_obama_kicks_in_own_foot_feat_for_fashionistas_lanvin.html>Source

made by French design house Lanvin, one of fashion's hottest labels
Sue

Ex,

::grin:: I'm trying to decide if the author of the article I linked above is serious when she says this...

As the family's primary dog walker, Michelle clearly requires comfortable footwear.

...if so, we really are doomed.

Rick Ballard

Jane,

Did Buck Zero-Progressive Hero explain how artificially lowering rates for a moment constituted a tax cut? It appears to me that there have been fewer than a million refis at lower rates. Credit issuers have lopped over $1T in available credit out of the market and per the BEA personal interest received (line 13) fell by 33.6 billion while personal interest paid (line 29) fell by 10.7 billion in Q1.

It takes a lying, cheating, thieving (D)irty socialist to call a net loss of $23 billion in personal income a "tax cut".

bad

Sue and Extraneous, may I go on record as pointing out that regardless of how much those shoes cost, they are butt ugly.

I have gardening shoes in the garage with more style.

sbw

Barack is the family's primary dog walker.

Extraneus

Agreed, bad. But do your socks and laces match as well?

Sue

Jane,

You must read http://www.washingtonpost.com/wp-dyn/content/article/2009/04/30/AR2009043003108.html?nav=rss_opinion/columns>Krauthammer. He picked up your theme in the debate the other night.

verner

Hey girls, the photo of Michelle Obama in her gardening clothes that we snarked about...Michelle was wearing designer sneakers. Cost? $540.

They look like Chucks. On second thought, they are not as cute as Chucks.

She could have saved herself $500 bucks and gone to TJ Maxx

Sue

Those shoes are not walking shoes. If you need comfortable shoes to walk the dog in, by Dr. Scholls. Or splurge on a pair of New Balance.

lurking

Well, TC, maybe off topic, but earthshaking.

Rick Ballard

"I have gardening shoes in the garage with more style."

Sure, but can you rent them out as landing craft? I find the delicate simplicity of the First Lady's Brobdingnagian boats to be consonant with her entire approach to couture. It's not her fault that no one ever explained the difference between cheap and chic to her.

bad

Rick, you make an excellent point. My size sevens fall short in that regard.

laura

The ankles are the real problem.

Jane

Sue,

I insist on royalties!

bad

Extraneous, after a day in the yard, the laces and socks are definitely the same color.

Jane

Did Buck Zero-Progressive Hero explain how artificially lowering rates for a moment constituted a tax cut?

Gee Rick, don't you know anything? The President doesn't have to explain, he just has to pronounce.

I think I will start accumulating these little episodes and announce them every week on the radio.

One a week should be fine. I'll call it the ____________________ segment. (Any ideas)

bad

The "Obama's full of sh8t" segment....

Georg Felis

Gee, and Democrats wondered why the CIA shredded those interrogation tapes. Answer: Even if classified, locked into a Top Secret safe, and sealed in lead, it would be about a month before some Democrat would leak carefully edited copies to ABC/CBS/YouTube, along with the interrogators home addresses and work schedules.

DebinNC

"Your Lying Eyes"

Sue

Don't forget Hit's "Lie to You"?

Rick Ballard

Jane,

I'll be more than happy to help with an "Obama is FOS" segment. I'm sure that others will feel the same. It would be helpful in developing a rebuttal if you copied Barry Dunham's exact words in your comment.

I don't read Mediacrat propaganda much anymore and I dislike giving any media site other than the Rome-Sentinel even .0001 cent of click income.

Richard Aubrey

Shame if the journos' pix and addresses got accidentally mixed up and labeled "CIA covert paramilitary operatives" on Youtube and went viral.
I can hardly stand to think of what might happen.

Jane

Rick,

I'll have to try and find it. I heard it from someone on Fox most likely. So it may take a while. I've actually heard it more than once.

Rick Ballard

Jane,

I have no doubt re the existence of this instance of Buffoon Babble. It fits perfectly within the context of the (D)irty socialist Deadbeat Reparations Program. Credit issuers have seen the writing on the wall and are restricting new issuance to debt serfs at an accelerating pace. That hasn't staunched the bleeding yet but it will.

Sue

Have y'all seen the Palin video linked at Hot Air? If not, especially Reagan fans, go watch it.

http://www.conservatives4palin.com/2009/05/theres-bear-in-woods.html>Bear in the Woods

 Ann

RUSH is talking about the $540 sneakers and Red State has the worst picture of Michelle:

Michelle Antoinette

I hope that was a photoshopped picture.

RichatUF

It might have been at the "town hall" meeting when Obama preached to his flock during his 100th Day Jubilee. I thought I saw something flagged up at Sweetness and Light or Gateway Pundit.

narciso

Here's the Bear Ad, for those so inclined:

centralcal

Ann, I was hoping you would come across that lovely photo of our First Lady and put it in comments.

Isn't she lovely?

Sue

c-cal,

Nope, she's one of Barack's Beauties.

 Ann

Unbelievable, cc! The shoes,too. :P

bad

Ann, thanks for the link to the picture and the article. I learned that the shoes are french and know I understand why Michelle bought them.

They make her look just like Carla Bruni.

I get it!! I really do!!

Porchlight

The shoes are totally hideous and anyone who pays $5.40 let alone $540 for them is a fool.

No comment on Michelle; the photo speaks for itself. :)

matt

having seen my share of odd women's shoes, chacon a sont gout, as the French say. I'm much more interested in Tony Bennet's opinion of Obama, which he bestowed upon us today....the male version of "he's so dreamy".

Tony, stick to your day job.....

Mustang0302

Ouch!

"As the family's primary dog walker, Michelle clearly requires comfortable footwear.

"I got up at 5:15 in the morning to walk my puppy," she joked Thursday. "That's how my day starts. Even though the kids are supposed to do a lot of the work, I'm still up at 5:15 a.m. taking my dog out.""

When Momma's not happy, nobody's happy!

 Ann

BARRY, WALK THE DOG NOW!!!

Photobucket

 Ann

I am soooooooo headed for a reeducation center.

It was nice knowing you guys. :)

Mustang0302

Get a leash!

lurking

Those sneakers at a food bank? Hey, let 'em eat huraches.

JM Hanes

FLOTUS is wearing French sneakers? Which first lady was it who caught hell in the press for not patronizing American designers? Probably Nancy Reagan.

Glad to hear Rush has it. It would be a crime not to use that $540 next time the Prez touts a $400 "rebate." I can hear it now: Some tax break, eh -- wouldn't even buy his wife a pair of sneakers! That's definitely one for you too, Jane.

Pearlized toes? My how things have changed. We used to head outside to rub dirt on our sneakers and then run them through the washing machine so they wouldn't look new when we wore them for the first time.

That dog-walking-I-too-know-sorrow is typical, but I have to say, she sure does a whole lot more to connect with "ordinary folks" than her husband does. They eat every detail of this stuff up. if you don't have your Lanvin's already, you'll have to wait till the knock-offs hit the shelves.

JM Hanes

I see you were there before me, bad. That' typical too.

JM Hanes

lurking:

FLOTUS goes to the kind of food bank where the clients all have cell phones to take pix with.

Ouch, Ann! Probably one of the out takes from the People Magazine shoot. The b/w photo they chose was bizarre. It's not just that Michelle looked like a Gladys Knight backup singer wannabe, it's that you know she had to have approved it.

Dave

Ann, looks like the salt vampire from Star Trek. (Posting from a hospital waiting rm. where there's an old lady coughing and she speaks only Spanish.)

bad

Heh, JMH, I "defended" Michelle's pricey sneaks over on Tapper's POTUS SCOTUS thread as a mistake often made by the newly rich.

I blamed it all on FLOTUS advisors who were not good at their job.

bad

Dave, I hope everything is okay and you are just visiting someone.

JM Hanes

♥ bad ♥

 Ann

Hope you are okay, Dave.

Stay away from the coughing Spanish granny. Yikes!

bad

It was awful of me, JMH, sounding supportive while actually skewering the first couple.

I do that all the time at Tapper.


Sue

Ann,

I am blowing that picture up to use in my garden. I've had a problem with critters lately. One look at that face and I suspect my critter problem will be over.

Dave

I wonder what Crazy Joe would advise?

Sara (Pal2Pal)

I can't even get a link to post and Extraneus can post a picture in JOM comments? I call discrimination! :)

The shoes are hideous and the cost for a pair of tennis shoes is obscene.

Sara (Pal2Pal)

It would be a crime not to use that $540 next time the Prez touts a $400 "rebate."

My rebate, according to the letter I rec'd this past week, is only going to be $250.

bad

Sara, be sure to read the fine print about who will end up paying taxes on that $250 and save accordingly for tax time next year.

daddy

Did the Obama's ever pay back their college loans? For some reason that question sticks in my head as a result of something Michelle said a long time ago. I would certainly hope that they did. otherwise it might even be viewed as embarassing by the MSM if they're blowing 540 bucks on sneakers with that debt to the nation still outstanding. And if half brother whoever in Kenya only earns 20 dollars a month, that would take him, lets see, 4 and a half years to earn enough to buy this pair of shoes. Wonder if Michelle Obama is still ashamed of her country?

Mustang0302

Bill Whittle makes the glowing, radioactive rubble bounce in Jon Liebowitz' grid square.

16:46 video; worth every minute.

Liebowitz is a putz. Remember September of your senior year in H.S., running into that guy who graduated last June, yet keeps showing up at the H.S. parties, hitting on sophomores, bragging about all the cool things he's gonna/woulda/coulda/shoulda- do...

Didja hear he hosted the Oscars once?

Loser.

Mustang0302

Bill Whittle video link.

JM Hanes

I love ya daddy, but you don't have to do math in the cockpit, do you?

daddy

JMH

You got me there. Ughhh, I feel stupid...but it won't be the first time. Arggggh!

Captain Hate

Loser.

Liebowitz makes me glad I don't have cable. I realize humor is subjective but I can't see how anybody can find such a rudderless preening jackass enjoyable to watch.

verner

Every man woman and child in America should watch Whittle's video. Wow, just Wow.

Jane
It was awful of me, JMH, sounding supportive while actually skewering the first couple.

I do that all the time at Tapper.

And you do it so well.

centralcal

Verner - the post at Ace's calls Whittle's piece "brilliantly delivered . . ."

Absolutely - brilliant indeed.

The comments to this entry are closed.

Wilson/Plame