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National Republicans hammer on health care in PA-12

The National Republican Congressional Committee is up with an ad in Pennsylvania's 12th district special election that hammers Democrat Mark Critz for his support of President Barack Obama's health care bill, a near-certain preview of the GOP attacks to come this fall on the issue.

"Americans said 'no' to government-run health care but Congress and liberals like Mark Critz didn't listen," says the ad's narrator, adding that Democrats "rammed through" a piece of legislation that "Pennsylvanians didn't want and can't afford."

The 30-second commercial goes on to allege that "costs will rise and workers could lose jobs" while the $500 billion in Medicare cuts in the bill will hurt the state's seniors.

The ad concludes with the narrator accusing Critz, the longtime state director for late Rep. John Murtha (D), for putting the "liberal agenda before Pennsylvania".

Democrats immediately retorted that Critz has said publicly that he opposed the bill. "We need health insurance reform but it must be done in a way that is consistent with our values," Critz said in a statement in late March.

Republicans have nominated businessman Tim Burns as their nominee. Both Burns and Critz have been on television for several weeks in the race.

The ad, which was produced by Larry McCarthy, is costing the NRCC $170,000 -- the first significant spending by either party in the southwestern Pennsylvania special election set for May 18. (The NRCC also spent $15,000 on a poll in the district, according to independent expenditure reports filed with the Federal Election Commission.)

In the wake of the passage of Obama's health care plan last month, Republicans insisted they would make it a centerpiece of their campaign to take back the House.

This ad is the leading edge of that effort -- virtually ensuring that the race will be seen through a national lens no matter the outcome.

A Burns win would affirm that health care will be a major problem for Democrats in the fall; if Critz comes out on top, however, there might be less enthusiasm about the health care attack in Republican circles heading into the midterms.

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By Chris Cillizza  |  April 13, 2010; 4:02 PM ET
Categories:  House  
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Comments

I was in this district this summer (my father, 84, is from the 9th, my mother was from what is now the 12th). The blessings of Murtha and the Democrats were visible everywhere we went, just as the blessing of Bud Shuster are visible all over the 9th.

A high % of the population is on gov't run health care already and they like it fine. Another high % of the population makes their living off gov't run health care (medicare, VA hospitals, home nursing, etc), and *they* like it just fine. I think they'll stay with the Democrats.

Posted by: margaretmeyers | April 14, 2010 2:18 PM | Report abuse

HEALTH CARE IS A DEAD HORSE---.REPUBLICANS PUT [ON THE TABLE] THE IMPROVMENTS YOU WILL MAKE TO HELP MAKE IT A GOOD BILL.. MANY GOOD DEMOCRATS PUT THEIR FUTURE ON THE LINE TO PASS IT.. NOW PUT YOURS ON THE LINE TO MAKE IT BETTER OR SHUT UP.

Posted by: theoldmansays | April 14, 2010 10:47 AM | Report abuse

HEALTH CARE IS A DEAD HORSE---.REPUBLICANS PUT [ON THE TABLE] THE IMPROVMENTS YOU WILL MAKE TO HELP MAKE IT A GOOD BILL.. MANY GOOD DEMOCRATS PUT THEIR FUTURE ON THE LINE TO PASS IT.. NOW PUT YOURS ON THE LINE TO MAKE IT BETTER OR SHUT UP.

Posted by: theoldmansays | April 14, 2010 10:47 AM | Report abuse

I didn't say Limbaugh-level hatred, I said bias. And I'm not talking about getting it right on the obvious like the three GOP taunting points.

I mean the gushing over zeroes like Pawlenty, not a single good word about the President, all BWJ's "substantially correct" checks.

To say nothing of coddling the bigots. You don't see that?

Enough. We could go in circles on this, obviously our perceptions differ, and it's too bloody hot here for me to summon a lot of patience. Spring is the hottest season here, in Summer it rains.

But I do see favoritism for Republicans, and not subtle, and much of what you call conventional wisdom I call manipulated perception. I think the Dem's monotonically increasing success will get some midterm check, I don't see either chamber reverting to the GOP, and I really would like an answer from CC.

Republicans are bad for America, for the American people, terribly bad for the natural kingdom, I think it's abhorrent to support them, batsh|t nuts to believe in them.

My guess? CC likes access. Gets to sit in the same room with famous people. Makes him giddy and it feels important.

Posted by: Noacoler | April 14, 2010 3:52 AM | Report abuse

As for that other stuff, I don't see why any of what you said refutes my argument that he is pushing CW. If he were going against all the pundits, that would be one thing, but all that stuff about the national environment, generic ballot, and so on is all conventional wisdom. And a lot of it, I agree with. Hell, it's not like Chris C is wrong about all this stuff. Scott Brown did win in MA, Christie and McDonnell did win their races. In 2008, he was talking about how Obama was ahead. So you can actually make the argument that he just really knows what he's talking about, you know, since he's getting it all right.

But I'm not going to turn the superlatives up to eleven for Chris C. He's probably got some bias, but if you're going to use "clenched teeth" for this guy, then where the hell do you go for someone like Boehner or Limbaugh?

Posted by: DDAWD | April 14, 2010 2:40 AM | Report abuse

I didn't see clenched teeth at all. You got a link to it? Maybe I can give it another look. I can't imagine Chris C having clenched teeth about anything, quite honestly.

Posted by: DDAWD | April 14, 2010 2:28 AM | Report abuse

I actually believe Chris C when he says he doesn't have a horse in the race. I think it's just that he tends to push the conventional wisdom and by his own admission, the CW is FOX and Drudge generated. Is it good for Chris to go along with it, no, but it's also different from saying that he's got a horse.

==

Really don't see how you can say this, seems to me the biases are glaring. The day HCR passed he was posting through clenched teeth.

The Pawlenty and Palin puffs, the Dems-in-trouble narratives, the weekly GOP generic ballot stuff, the national-environment-favoring-Republicans BS, come on, you're smarter than this.

I really woud like to get an answer to my question, it's not like it'd cost him his job to admit what we can all see. I honestly do think that Republicans are flat-out bad for everyone in the world except a few dozen wealthy families. CC isn't a member of one of them. What's in it for him? He's too smart to be a tea bagger. I suspect that his coddling of racist & homophobic posters reflects biases of his own and no I don't expect this to be acknowledge this part, but my perplexity about supporting the GOP is genuine and not a goad.

Posted by: Noacoler | April 14, 2010 2:08 AM | Report abuse

"Democrats immediately retorted that Critz has said publicly that he opposed the bill."

So they want the citizens of PA to vote for someone who is opposed to their own agenda? Do they give any rational on why any taxpaying citizen of this district shouldn't then just vote for a Republican? If Mr. Critz was the chief of staff of Rep. Murtha, he must have some knowledge of the corrupting influence Defense contractors have had in Murtha's office. I don't understand a strategy of vote for me because I will ALSO oppose the Democratic agenda under who's banner I am running.

Posted by: clawrence35 | April 14, 2010 1:59 AM | Report abuse

Finally flipped his wig.

Posted by: Moonbat |
Also known as king_of_zouk
Also known as drivl
Also known as Hembo
Also known as Zouk_is_King
Also known as Comrade_Zero

....

The guy so `invested in this blog that he spends hours every day collecting pithy screeds to paste-post and so bent with hate he's reduced to mocking and attacking strangers who don't care if he lives or dies.

The guy who chases narcissistic women on a web page yet calls a stranger in a wonderful committed relationship "lonely."

The guy who claims to be a millionaire invester one day, a respected mathematician another day, a Ph.D. economist yet another day, but turns out to be struggling to step up to a low-paying career taking portraits.

Too pathetic for pity, so all you can inspire is mirth. What kind of twisted sicko could come up with "garlic leeches?" Keep it up, shutterbug.

And Keep Hate Alive.

Posted by: Noacoler | April 14, 2010 1:57 AM | Report abuse

Dum and dummer.

Posted by: Moonbat | April 14, 2010 12:25 AM | Report abuse

I actually believe Chris C when he says he doesn't have a horse in the race. I think it's just that he tends to push the conventional wisdom and by his own admission, the CW is FOX and Drudge generated. Is it good for Chris to go along with it, no, but it's also different from saying that he's got a horse.

It's also why a piece like this...
http://voices.washingtonpost.com/thefix/house/raising-arizona.html

...was so good. There's no CW to go on. Karl Rove isn't pushing a meme on AZ-8. Drudge isn't swiftboating Giffords.

Let's not equate Chris C with someone like Sean Hannity or Glenn Beck. Yeah, he tends to push the CW, but when he delves into areas that the CW ignores, he does good work too. Just too bad that these are getting to be less common.

Posted by: DDAWD | April 14, 2010 12:22 AM | Report abuse

Scream and rant and sneer indeed.

Poor lonely Ped.

Finally flipped his wig.

Posted by: Moonbat | April 14, 2010 12:17 AM | Report abuse

Isn't that A COMPLETE WASTE OF TIME ????

==

You're not exactly on firm ground when it comes to lecturing people on wasting time, you know.

Posted by: Noacoler | April 13, 2010 11:54 PM | Report abuse

I can understand some redneck wanting Republicans back. Same for some hate-crazed mental like zouk. When you ain't got nuthin' and hate is your only satisfaction and you're fixated on liberals and blacks as your objects of revulsion then yeah, it's like a poor woman popping a baby even though it's going to make her life worse, in exchange for a few years of joy before her health collapses for good.

What I can't understand is someone with a brain and an education wanting them back. Talked to a guy at work just before HCR passed and all he was talking about was longer lines at the doctor's office, a guy plenty smart enough to know better. I forwarded him 12Bar's graph link and was not surprised he didn't answer. Anyway.

Eight years of Republican stewardship trashed the economy to 1929 levels, got us into two pointless wars, earned us rogue status among civilized nations, boosted Islamic radicalism, ripped apart the middle class. These are facts.

Republican politics has taken on overtones of 1930s Weimar with grotesque appeals to bigotry and anger and jesus god the endless lies.

Why would anyone with a brain want more of this? Again, I don't mean the mentals like zouk, I mean people who can actually function.

I assume Cillizza has a university degree, I know the QA lead at work has one, and it's just bizarre to see people demonstrably capable of reason jettisoning same in favor of policies and ideas that are proven so very very bad for America and the world. We're at critical junctures in so many ways, in the economy, in the rise of regional savagery, a collapsing natural environment, massive extinctions .. at the time when more than ever we need sanity and clear thinking we get the opposite and from people smart enough to know better.

This is directed to Cillizza: why do you favor Republicans? Leave out the sports metaphors please, this isn't about two-tone jerseys and caps, we're facing the end of the very world here. You're an educated man, you know what Republican stewardship (I can't bring myself to call it leadership) will bring us, what it will do to your country, to the planet, to your own life and your own family, what the hell is in it for you to have more of what we had under Bush? It won't just be liberals dumpster-diving for food.

I don't get it. But every passing week I'm more determined to get the hell out.

Posted by: Noacoler | April 13, 2010 11:31 PM | Report abuse

Obama has a nuclear summit without the nuclear powers - N. Korea, Iran, Israel and Pakistan willing to talk about their.... nuclear arms.

Isn't that A COMPLETE WASTE OF TIME ????


This is the MOST MORONIC SUMMIT IN THE HISTORY OF THE EARTH.


Side issue: Obama again fulfilled his campaign pledge of transparency by only allowing the press and public in the opening and closing remarks - leaving everyone out of the negotiations.

Obama COULD HAVE HAD A TRADE SUMMIT - AND TRIED TO IMPROVE THE US TRADE DEFICIT

OH but working on the ECONOMY AND JOBS - THAT "IS NOT WHAT OBAMA WENT TO WASHINGTON TO DO"

.

Posted by: 37thand0street | April 13, 2010 11:21 PM | Report abuse

leichtman1


The Republicans are going to take control of the House - and the health care bill will be DE-FUNDED.


The democrats might as well get used to it.

It will happen because that is what the American People want - plain and simple.


Are you going to whine about something now ?

.

Posted by: 37thand0street | April 13, 2010 11:17 PM | Report abuse

leichtman1


The Republicans are going to take control of the House - and the health care bill will be DE-FUNDED.


The democrats might as well get used to it.

It will happen because that is what the American People want - plain and simple.


Are you going to whine about something now ?

.

Posted by: 37thand0street | April 13, 2010 11:16 PM | Report abuse

If I understand correctly, the PA-12 Special is the same day as the primary for the GE. And the R nominee for the Special faces a more popular R in the primary. On the same day. What does that look like?

If both the R and the D in the Special opposed HCR, how is this a referendum on that?

Posted by: mark_in_austin | April 13, 2010 11:15 PM | Report abuse

Outlining when the stock market bubbles were inflated and then burst - and then inflated and then burst -


And then somehow drawing partisan conclusions from that


Is completely ridiculous.

Noacoler - why aren't you hanging upside in a pit in Vietnam yet ? They don't have you pegged as a spy yet ?

The truth is Obama's taxes are DRAGGING the economy down - and Obama is placing a drag on HIRING.


Thank you.

.

Posted by: 37thand0street | April 13, 2010 11:09 PM | Report abuse

Right now Obama is DRAGGING DOWN THE ECONOMY.

==

The facts don't agree with you, 'Jug

Posted by: Noacoler | April 13, 2010 11:05 PM | Report abuse

Just when you thought it could not get stupider here .......

==

... someone goes and posts some actual numbers.

The economy does better under Democrats. Scream and rant and sneer all you want. You guys are still batting .000.

Facts. Ewwwww.

Posted by: Noacoler | April 13, 2010 11:03 PM | Report abuse

yea zouk Gingrich shut down Congress in Dec 1995 and then had his political head handed to him. Even the current GOP is not that stupid are they, but heck if you want the GOP to try that stunt again go for it.

Posted by: leichtman1 | April 13, 2010 11:01 PM | Report abuse

Leichtman - what a bunch of worthless facts leading to a non-conclusion.

You just don't get it - but I can tell you this - two years ago you were posting day and night AGAINST Obama.


_______________________


What matters now is not the economics of the past decade - but WHERE ARE WE GOING FROM HERE.


Right now Obama is DRAGGING DOWN THE ECONOMY.


Something has to be DONE about Obama's taxes. We have to stop the health care program by getting it repealed.


It is extremely important that the Republicans take control of the House this year so they can do whatever it is possible to block the implementation of the health care plan next year.


This country CAN NOT afford to have much more of Obama's policies.

Obama does not understand economics - he is set to IMPOSE his far-left agenda on the nation - which will HURT THE COUNTRY FOR DECADES.


WE have to come together as a nation and STOP THE OBAMA TAXES.


.


.

Posted by: 37thand0street | April 13, 2010 10:56 PM | Report abuse

Just when you thought it could not get stupider here .......

Posted by: Moonbat | April 13, 2010 10:53 PM | Report abuse

"As of September 24, 2002, the Dow Jones Industrial Average had lost 27% of the value it held on January 1, 2001: a total loss of 5 trillion dollars"

In 2000, the Dow lost 6.17% of its value (11,497.10 to 10,788.00)
In 2001, the Dow lost 5.35% of its value (10,788.00 to 10,021.60)
In 2002, the Dow lost 16.76% of its value (10,021.60 to 8,341.63)"

The NASDAQ had a miserable 2000 but the DOW lost 22% the first year Bush was in office in Jan 2001, and you can scream, throw a tantrum and insult but those are the actual facts, not something you just like to make up 37th.

Again a $1 invested in January 2001 in the DOW lost.01% in 8 years. And you consider that to be great capitalism? lets move on and admit that 2000-2008 was no picnic.

The DOW closed at 11,019 today and whether you like it or not or want to rationalize why its better, the plain simple unquestionable fact is that Wallstreet is doing better today under Obama than under POTUS Bush, end of story.

Posted by: leichtman1 | April 13, 2010 10:52 PM | Report abuse

Putzs like finance whiz love to talk about the 90s so fondly. What they gloss over is

Clinton only won because of Perot.

Gingrich was actually running.

Come to think of it, he would be welcome back.

Posted by: Moonbat | April 13, 2010 10:50 PM | Report abuse

Cherrypicking the dates? The dates are only important to establish the pre-collapse high and the subsequent low. If you want to make the dates correlate to political administrations, the collapse happened under Bush, the recovery under Obama.

==

Simply astounding that you need to underscore this.

Posted by: Noacoler | April 13, 2010 10:48 PM | Report abuse

What matters now is not the economics of the past decade - but WHERE ARE WE GOING FROM HERE.


Right now Obama is DRAGGING DOWN THE ECONOMY.

Something has to be DONE about Obama's taxes. We have to stop the health care program by getting it repealed.

It is extremely important that the Republicans take control of the House this year so they can do whatever it is possible to block the implementation of the health care plan next year.

This country CAN NOT afford to have much more of Obama's policies.


Obama does not understand economics - he is set to IMPOSE his far-left agenda on the nation - which will HURT THE COUNTRY FOR DECADES.

WE have to come together as a nation and STOP THE OBAMA TAXES.

.


.

Posted by: 37thand0street | April 13, 2010 10:39 PM | Report abuse

leichtman1


You have no idea what you are talking about - the stock market at that time hit its highs in March April of 2000 - and went down from there

Posted by: 37thand0street | April 13, 2010 10:35 PM | Report abuse

sounds to me like the DOW stayed unchanged until March "2002" likely when Enron collapsed and the Digital backdating its CEO stock option. Clinton had been out of office for 13 months. Again Rs and suzzy are great at rewriting history and denying the second Bush collapse of Sept 15, 2008 and forgetting the Enron debacle that destroyed Enron,Worldcom, Arthur Anderson and almost took down a 100 year old Houston law firm. Some of us suzzy have not forgotten that June 2002 debacle which you selectively forget.

"The stock market downturn of 2002 (some say " stock market crash") is the sharp drop in stock prices during 2002 in stock exchanges across the United States and Europe. After recovering from lows reached following the September 11, 2001 attacks, indices slid steadily starting in March 2002, with dramatic declines in July and September leading to lows last reached in 1997 and 1998. The dollar declined steadily against the euro, reaching a 1-to-1 valuation not seen since the euro's introduction.
This downturn can be viewed as part of a larger bear market or correction, after a "decade-long bull market" had led to unusually high stock valuations. An outbreak of accounting scandals was a contributing factor to the speed of the fall, as numerous large corporations were forced to restate earnings and investor confidence suffered"

Posted by: leichtman1 | April 13, 2010 10:31 PM | Report abuse

I highly recommend that 37th and Zouk follow suzzy's brilliant investment advise and continue to short the market that certainly has brought them great returns over the last 12 months.

Posted by: leichtman1 | April 13, 2010 10:14 PM


Uh, leichtman, I gave no advice. I'm still in the market - long. I've been doing very well. Hope the same for you.

For all you others still in the market, good luck!! Hopefully, it will keep going. But be ready to bail at any time.

Goodnight everyone.

Posted by: SuzyCcup | April 13, 2010 10:30 PM | Report abuse

Suzy


There is no sense in talking to these nuts.

they are simply trying to claim credit and assess blame - in many cases in which they can not cite a single policy which would cause such a market movement.


Can they name one Obama policy which caused the stock market to go up ?


NO - because the stimulus bill was a failure.

What is making the stock market go up IS THE STRENGTH OF THE TEA PARTY MOVEMENT.


The polls are showing we are going to be RID of Obama soon - and the Repubicans will take control of the House this year.

The idea of a Republican House being able to block Obama's spending - and the idea that Obama will be out in less than three years - are causing Wall Street to see the economic prospects to improve in the years beyond 2012.

That is what is moving the market.


.

.

Posted by: 37thand0street | April 13, 2010 10:23 PM | Report abuse

leitchman


You are sure sounding like drinl right now


Are you using her computer at the OFA ??

Did you forget to sign off and then sign on under you own name ?

.

Posted by: 37thand0street | April 13, 2010 10:18 PM | Report abuse

more revisionist history by suzzycup. Between 2000 and 2008 the stock market delivered -.01% return. Look it up. Clinton left Bush with a $100 billion surplus. Bush squandered the $100 billion surplus exactly like he squandered our Texas $1.5 billion Rainy Day Fund. The economy showed anemic growth for 8 years under Bush and then collapsed to 1929 levels 6 months before he left office. And you want to brag about that? g_d help us all that we don't ever endure such brilliant stewardship of our economy ever again.
I highly recommend that 37th and Zouk follow suzzy's brilliant investment advise and continue to short the market that certainly has brought them great returns over the last 12 months. Ds have been investing in the market since Jan 2009 and believe its Morning in America; suzzy, 37th and the GOP have been telling us for months that the economy is getting worse and that we should have been and should continue to short the market. As Sarah Baracuda would famously say: How Has that Been Workin Out 4 U?

Posted by: leichtman1 | April 13, 2010 10:14 PM | Report abuse

It is really amazing that the democrats want to talk about the economy now -


Especially since Obama's 800 Billion stimulus has been a complete failure.


Unemployment is at high levels


Obama's taxes are going to start to drag the economy down. The high taxes will depress corporate balance sheets - which will depress hiring.

The depressed hiring will hurt spending, and make the recovery much more difficult to come by.

Obama is a one-man DRAG ON THE ECONOMY.

It is about his only accomplishment.


Hopefully a Court will void the entire health care bill and spare the country.

.


.

.

Posted by: 37thand0street | April 13, 2010 10:14 PM | Report abuse

Suzy


First they are trying to get Obama to get all the credit for the upturn in the stock market.


Then when you confront them, they argue a bit and then say there are a bunch of reasons, not just political leadership.


In other words, they will lie until they have to tell the truth.

.

Posted by: 37thand0street | April 13, 2010 10:10 PM | Report abuse

SuzyCcup


Don't even try to reason with 12BarBlues -


She always has twisted reasoning.

Then she always posts three or four times insisting she is right.


Then she either backs off and claims she really does not know, or completely ignores simple logic.

You have to understand that 12Barblues always has a hidden motive to what she is saying - so it doesn't matter if there is twisted logic or if the reasoning doesn't add up.

.

Posted by: 37thand0street | April 13, 2010 10:06 PM | Report abuse

Each president had their bubble that was good while it lasted but eventually came crashing back to earth.

Clinton had the Internet/ dot com/ cell phone boom and bubble.

Bush had the home ownership boom and subsequent bawney fwank and dodd led crash.

Now berry is leading a charge to a big government bubble with a very hard fall coming as the unaffordable bills come due.

Posted by: Moonbat | April 13, 2010 10:02 PM | Report abuse

shrink2


Morning in America is Reagan


You are going to have to think so something else.

Like


Taxes in America


Trillion Dollar Deficit in America

False Charges of Racism in America


Racial Intimidation in America

First Amendment Intimidation in America

How about those ?

Posted by: 37thand0street | April 13, 2010 10:01 PM | Report abuse

12BB, the stock market started sinking in 2000, the last year of Clinton's administration. From September 2000 to January 2, 2001, the NASDAQ dropped almost 50%. Who should be blamed for that? It started going back up in 2003, during the Bush administration. Who do we credit for that?

Posted by: SuzyCcup | April 13, 2010 9:54 PM
-----------------------------------
Hell, I don't know. I can't even remember what happened in 2000-2001 to account for a 50% decline (which is way more than a normal correction). Was that the Asian currency implosion?

Rally in 2003. Suppose that's the snapback from the 9/11 terrorist event and the subsequent decline of the economy.

The point is that the market goes up/down to a composite of reasons. Political leadership is but one factor.

Posted by: 12BarBlues | April 13, 2010 10:01 PM | Report abuse

"The same Republican politicians and economic pundits who (wrongly) said Bill Clinton's 1993 budget would destroy the economy and the stock markets...

Posted by: 12BarBlues | April 13, 2010 9:42 PM


12BB, the stock market started sinking in 2000, the last year of Clinton's administration. From September 2000 to January 2, 2001, the NASDAQ dropped almost 50%. Who should be blamed for that? It started going back up in 2003, during the Bush administration. Who do we credit for that?

Posted by: SuzyCcup | April 13, 2010 9:54 PM | Report abuse

@suzy,

The market never fails to create anxiety. There are a lot of indicators that look dicey, and in the interest of education, I'd feel a whole lot better with higher volume. But nobody ever said it was easy to make money. Need nerves of steel. I'd rather be long than short, though.

Posted by: 12BarBlues | April 13, 2010 9:53 PM | Report abuse

Finance whiz couldn't balance a checkbook.

Even still, that is miles above the perpetually confused and dazed ddawd.

Posted by: Moonbat | April 13, 2010 9:47 PM | Report abuse

!2BB, we are all blind. None of us have spent time feeling up elephants, though, so it's cool that you have.

Posted by: DDAWD | April 13, 2010 9:37 PM
------------------
Aim to please.

Posted by: 12BarBlues | April 13, 2010 9:44 PM | Report abuse

12BB, Shrink, here is a short article on one of the troubling indicators.

"Indeed, the excellent SentimenTrader site reports that we haven't seen such bullish options sentiment since 2000, which marked a very important stock market peak."

http://seekingalpha.com/article/198410-caution-bullish-sentiment-isn-t-translating-into-market-strength

Posted by: SuzyCcup | April 13, 2010 9:43 PM | Report abuse

"The same Republican politicians and economic pundits who (wrongly) said Bill Clinton's 1993 budget would destroy the economy and the stock markets, and who (wrongly) said President Bush's tax cuts would usher in an era of endless prosperity and wonderful market performance, warned again that the presence of another Democrat Obama in the White House would spell doom for the Dow...

If you shorted the market after the election, or after the inauguration, you've lost money. And if you shorted in March 2009, after the passage of the stimulus package, when Stanford economist Michael Boskin penned the foolish op-ed in the Wall Street Journal with the headline's "Obama's Radicalism is Killing the Dow," you'd really be feeling some pain. The S&P 500 is up 72 percent since then. ..

Oh, and if you shorted the dollar on the grounds Obama's policies would debase our currency, you've lost money, too.

Economist forecasters have also effectively shorted Obama, arguing that the economy would not respond to the stimulus and other efforts. In the second quarter of 2009, economic forecasters surveyed by the Philadelphia Fed said the economy would grow at a 0.4 percent rate in the third quarter of 2009 and a 1.7 percent rate in the fourth quarter of 2009. The reality: The economy grew at a 2.2 percent rate in the third quarter (more than five times the rate they projected) and at 5.9 percent in the fourth quarter (more than three times the rate they projected)."

http://www.slate.com/id/2248566?nav=wp
---------------------------------
Keep making your predictions, 37th. Even a blind squirrel finds a nut once in a while.

Posted by: 12BarBlues | April 13, 2010 9:42 PM | Report abuse

!2BB, we are all blind. None of us have spent time feeling up elephants, though, so it's cool that you have.

Posted by: DDAWD | April 13, 2010 9:37 PM | Report abuse

"I see very low volume"

It is not low, it is meh, moderate, middlin,

and this is good.

It means money is waiting. Do you remember the days when there were massive volumes and massive swings? It was right at the end of the Bush/Cheney era.

Now business is conservative. Careful with the revenue numbers...

If you can not see this is real, you are compounding your losses.

Smart Republicans don't bet their money against Obama.

Posted by: shrink2 | April 13, 2010 9:34 PM | Report abuse

"Shrink, at the moment the futures don't seem to be too impressed with the intel earnings report" suzzycup is back with her nonsensene:
Intel is up 5.02% in after hours. Tell us the last time you received a 5.02% return in 4 hours suzzycup?

Posted by: leichtman1 | April 13, 2010 9:19 PM


Leichtman, I suppose you're not in the market. I was referring to the S&P and DOW futures, not the Intel futures. Individual stocks can do well in any market. My concern is the overall market. I provided a link to the Reuters futures page. Go there and you will see that they're not much changed even with the good intel news. Reuters constantly updates the futures all night.

OK?

Posted by: SuzyCcup | April 13, 2010 9:32 PM | Report abuse

Obama stole the Change slogan from Clinton in 92 -


Now you are trying to steal "Morning in America" from Reagan ???


How about stealing more of Reagan's program too? That would work.


.

Posted by: 37thand0street | April 13, 2010 9:25 PM | Report abuse


12BarBlues


This is what the market is saying: Tea Party 48 Obama 44


That means that Obama is NOT going to be re-elected.


That means that Obama's HIGH taxes are going to get repealed - the health care plan is going to get thrown out.


This is what Wall Street is saying: 2 year 9 months and 7 days to go and the economy will be rid of the weight of Obama.

In other words, the market sees some light of when the economy will be rid of Obama, so the market is going up.

.

Posted by: 37thand0street | April 13, 2010 9:22 PM | Report abuse

@suzy,

This is a VERY long rally, I agree. Also agree that the NASD looks most bullish. Personally, I always find it most difficult to stay long when making 52 week highs. I know enough to stay in, but every fiber of my being wants to sell.

Posted by: 12BarBlues | April 13, 2010 9:22 PM | Report abuse

"Shrink, at the moment the futures don't seem to be too impressed with the intel earnings report" suzzycup is back with her nonsensene:
Intel is up 5.02% in after hours. Tell us the last time you received a 5.02% return in 4 hours suzzycup?

You asked why the DOW has icnreased since Obama took office in Feb 2009. Geitner and Paulson kept our banks and money markets from collapsing and assured consumers that it was OK to spend on clothes, flat screen tvs and cars again 37th. Maybe no big whoop to you 37th but money managers feel that it is Morning in America and that brighter days are ahead for American consumers something they did not feel on Sept 15, 2008 when Lehman and Bear Sterns collapsed. And did I mention that the GDP is over 4% and that job growth has moved from -725,000 to plus 162,000. The DOW up over 60% since Obama took office; not bad for a socialist. Go ahead GOP and run down America, but We are Back and apparently that really upsets you and Zouk.

Posted by: leichtman1 | April 13, 2010 9:19 PM | Report abuse

"If the DOW and S&P have a strong correction..."

I will lose a lot of money, for just as much time as I have not been paying attention.

Corrections are good and they will happen.

No harm no foul, the funny thing is the Republicans*, the greed-is-good party, losing their shirts selling this recovery short.

*no silly, not the people in charge of the machine, their voters.

Posted by: shrink2 | April 13, 2010 9:18 PM | Report abuse

@suzy,

You don't think the market is going up? Intel traded up 4% after the close.

Posted by: 12BarBlues | April 13, 2010 9:06 PM

12BB, I never said the market won't go up. I see very low volume and am scratching my head wondering how the DOW and S&P keep rising. Some technical indicators (especially contrarian indicators) seem to point to a correction very soon.

I'm still in the market so I would suffer like anyone else if it went down. I'm ready to get out real quick though, if a correction does take shape. I follow charts very closely. There have been a number of occasions recently with what seemed to be a bearish pattern forming (I like candlestick charts) but it was never confirmed and the market kept rising.

The Nasdaq seems the strongest and I continue to swing trade individual stocks. We'll see what happens. Good luck!

Posted by: SuzyCcup | April 13, 2010 9:17 PM | Report abuse

@37th

Don't complain to me. Complain to the market if you don't like what the market is saying.

Posted by: 12BarBlues | April 13, 2010 9:09 PM | Report abuse

I know, right? I kind of wish I didn't finish the one I was writing.

Posted by: DDAWD | April 13, 2010 9:07 PM | Report abuse

@suzy,

You don't think the market is going up? Intel traded up 4% after the close.

Posted by: 12BarBlues | April 13, 2010 9:06 PM | Report abuse

12BarBlues


GGGGeeessshh you have all the right answers.


How do you like that trillion dollar deficit of Obama?


How are the states going to pay for all of Obama's UNFUNDED MANDATES ???


Come on you can't be serious.

Posted by: 37thand0street | April 13, 2010 9:06 PM | Report abuse

Berry wastes days and millions getting a promise that Canada won't nuke us. Curiously, the two dangerous countries, Iran and Korea, didn't take part and laugh in obambis face.

He wasted over a year bowing and scraping to absolutely no effect. What a fool. This summit means nothing more than the beer summit.

Posted by: Moonbat | April 13, 2010 9:04 PM | Report abuse

Mr Dawd, did you do a thesis on "zook?" If not, you should plan one.

Posted by: SuzyCcup | April 13, 2010 9:02 PM | Report abuse

Actually, it is morning in America.

The Bush/Cheney hangover provided the most recent headache. People are saying, "...oh that hurts, never again, how did that happen, I can't rememb..." then they try to sleep it off...and then they do it again. Like someone else made them drink greed poison. Are you broke? Look in the mirror.

The rest of us are making money!

It is a good thing I have no interest in a Lexus GX 460.

My family lives cheap and we are earning and storing money. America can do the same thing. Tend your garden America. You have to grow or wither, there is no other choice. You can not tread water.
You can not go back. The future breaks in on the present.

Conservatives suffer from Auld Lang Sine.
Celebrate the Confederate horror and suffer anew. Liberals think wealth is either bad, a guilty pleasure or derives from feeling good about the process.

Honest, cheap, opportunistic, works hard, optimistic, cares to take care about people who got screwed or who never had a chance, cares about kids no matter what...honest, humble, honest...

Its not that hard.

Posted by: shrink2 | April 13, 2010 8:54 PM | Report abuse

Hi, my name is zook. I'm a world famous economist. Like all the great ones, I have many questions about the world. So here goes.

Why don't people think I'm smart?

What does it mean to save a job?

When I google other people's posts, I don't get any hits. Why is that?

I talked to a woman once for ten minutes. Why didn't she take her clothes off?

I have like ten screen names. How do people distinguish them?

Why do people think my webpage is funny?

Why is it when I post a link written by someone with the same name as someone on here, people don't find it funny?

Why do only sociopaths seem to agree with what I say?

I said over and over again that McCain would win. Despite that, he didn't. Why didn't reality conform to my statements?

Why aren't all women suicidal? Don't they know how terrible it is to be a woman?

Why is it unreasonable to think that Obama would fix the economy in ten minutes after inauguration?

I tell people I'm rich. Why don't people take me seriously?

I have the best insults. Why haven't I driven anyone to depression yet?

If someone can please answer my questions, I'll reward you with links to my Model Mayhem girls. It's totally sweet. They even send you public comments!

Posted by: DDAWD | April 13, 2010 8:53 PM | Report abuse

@37th,

I can't believe you don't know this.

The stock market is one HUGE voting machine. It's gone up 70% over the last year, making new highs today, because more investors want to own stocks than hold cash or other investments. It means business conditions look better for 6-9 months ahead. So, it's an endorsement of all sorts of things: economic outlook, global demand, interest rates, taxes, etc. etc. etc.

The question isn't WHICH policy is responsible for the rally. It's a composite of everything.

Why isn't the market at 14,000? Could it be that the entire financial system imploded in 9/2008 and resulted in a credit paralysis that exists even today? When the banks started falling like dominoes, the stock market did what it always does in times of uncertainty--it fell like a rock. There are billion dollar companies who don't even exist anymore, like Washington Mutual, Lehman Bros, Bear Stearns, Merrill, all of whom were part of the stock market. Today, Citibank trades for less than $5, but was trading at $60 in 2008. All that value, which is gone, is why the market isn't 14,000.

Cherrypicking the dates? The dates are only important to establish the pre-collapse high and the subsequent low. If you want to make the dates correlate to political administrations, the collapse happened under Bush, the recovery under Obama.

Posted by: 12BarBlues | April 13, 2010 8:52 PM | Report abuse

Even better, S&P will clear 1200, probably tomorrow.

Intel also lifted shares of Advanced Micro Devices and stock index futures, suggesting Intel will boost stocks when the market opens on Wednesday."

Posted by: shrink2 | April 13, 2010 5:12 PM


Shrink, at the moment the futures don't seem to be too impressed with the intel earnings report.

If the DOW and S&P have a strong correction, will you credit (blame) obama for that, or will you go back in hiding and blame Bush?

http://www.bloomberg.com/markets/stocks/futures.html


Posted by: SuzyCcup | April 13, 2010 8:52 PM | Report abuse

No, 37, the baggers don't need any help from anyone to look like racist, sociopathic thugs.

Posted by: broadwayjoe | April 13, 2010 8:52 PM | Report abuse

Obama's version of transparency

"I'm going to ask that we take a few moments to allow the press to exit before our first session."

Obama at the nuclear summit.

.

Posted by: 37thand0street | April 13, 2010 8:44 PM | Report abuse

drindl, I don't get it...
Should I cite the quote? I always do if the quote involves an opinion of any kind...

Posted by: shrink2 | April 13, 2010 5:21 PM


No Shrink, don't cite the quote. We already know it came from the writing on your palm. That's fine with us. But you should at least credit Palin for your technique.

Posted by: SuzyCcup | April 13, 2010 8:43 PM | Report abuse

This is the issue for the elections: economy - and Obama has done little to help the economy.

If anything, Obama has passed the LARGEST TAX INCREASE IN AMERICAN HISTORY, AND FORCED MASSIVE UNFUNDED MANDATES ON THE STATES WHICH WILL HAVE TO BE PAID FOR BY RAISING STATE TAXES.

These are all Obama Taxes.

What the American People don't realize is Obama's health care plan is NOT PAID FOR.


There are massive new taxes to come.


Obama and the democrats LIED TO YOU ABOUT THE COSTS OF THE HEALTH CARE PROGRAM.


THE COUNTRY NOW HAS A CHOICE: REPEAL OR RAISE MASSIVE NEW TAXES.


At this rate, Obama will have 20% of America's GDP going to INTEREST on the national debt.

The situation is serious.


Obama has really hurt this nation.

Obama is calling everyone a BUNCH OF RACISTS - meanwhile, he is still SPENDING OVER A TRILLION DOLLARS A YEAR IN DEFICITS.


YOU DO REALIZE WHAT THIS WILL DO TO THE ECONOMY ????


You are personally responsible for this


At some point the Republicans are going to have to pass a law and make all the Obama supporters pay for Obama's debt.


.


.

Posted by: 37thand0street | April 13, 2010 8:40 PM | Report abuse

“If you tell a lie big enough and keep repeating it, people will eventually come to believe it.'

--Joseph Goebbels

Posted by: drindl | April 13, 2010 7:48 PM


Corolarry: "No matter how many times obama keeps repeating big lies, people will never believe him."

Joseph Goebbels lived before obama's time.

Posted by: SuzyCcup | April 13, 2010 8:35 PM | Report abuse


Hey broadwayjoe - is this your handywork ?


ALBANY, N.Y. (AP) - Opponents of the fiscally conservative tea party movement say they plan to infiltrate and dismantle the political group by trying to make its members appear to be racist, homophobic and moronic.
Jason Levin, creator of a web site said Monday the group has 65 leaders in major cities across the country who are trying to recruit members to infiltrate tea party events for April 15—tax filing day, when tea party groups across the country are planning to gather and protest high taxes.
__________________________________


This is NOTHING LESS THAN OBAMA AND THE DEMOCRATIC PARTY ASSAULTING THE FIRST AMENDMENT.


This is a direct attempt to prevent the American people from exercising their First Amendment rights.

Isn't free speech a civil right? This is a CIVIL RIGHTS VIOLATION - and the whole crew of them should be thrown in jail for a very long time.


At the least, this is another count of impeachment against Obama.


The democratic party can either speak out against this - or they can indicate they agree with this ASSAULT ON THE CONSTITUTION by keeping their silence.


.


.

Posted by: 37thand0street | April 13, 2010 8:32 PM | Report abuse

Comrade_Zero


this is what I am up against - at least I hold my own against them some of the time - much to their ire -

They hate the holes in their lies being exposed.


.

Posted by: 37thand0street | April 13, 2010 8:29 PM | Report abuse

Morning in America Wasn't that Reagan ?


What are you talking about ?

.

Posted by: 37thand0street | April 13, 2010 8:24 PM | Report abuse

All sentient life has fled your blog Cilizza. don't believe me? I present the evidence:

Posted by: drindl | April 13, 2010 4:23 PM
Posted by: DDAWD | April 13, 2010 4:27 PM
Posted by: drindl | April 13, 2010 4:38 PM
Posted by: drindl | April 13, 2010 4:47 PM
Posted by: drindl | April 13, 2010 4:58 PM
Posted by: drindl | April 13, 2010 5:00 PM
Posted by: DDAWD | April 13, 2010 5:06 PM
Posted by: drindl | April 13, 2010 5:11 PM |
Posted by: drindl | April 13, 2010 5:14 PM
Posted by: leichtman1 | April 13, 2010 6:00 PM
Posted by: leichtman1 | April 13, 2010 6:03 PM
Posted by: drindl | April 13, 2010 6:08 PM
Posted by: leichtman1 | April 13, 2010 6:14 PM
Posted by: drindl | April 13, 2010 6:19 PM
Posted by: drindl | April 13, 2010 6:38 PM
Posted by: drindl | April 13, 2010 6:49 PM
Posted by: drindl | April 13, 2010 6:51 PM
Posted by: leichtman1 | April 13, 2010 6:55 PM
Posted by: leichtman1 | April 13, 2010 6:59 PM
Posted by: leichtman1 | April 13, 2010 7:13 PM
Posted by: broadwayjoe | April 13, 2010 7:20 PM
Posted by: leichtman1 | April 13, 2010 7:24 PM
Posted by: drindl | April 13, 2010 7:48 PM
Posted by: drindl | April 13, 2010 7:51 PM

these idiots have flooded the space with neck high garbage and no one above a kindergarten mentality wants to play in this disgusting sandbox anymore.

Pitiful what the devoted loons have wrought.

the liberal brand has pretty much done the same thing to the vast swath of Americans who can assemble cogent thought.

Posted by: Comrade_Zero | April 13, 2010 8:20 PM | Report abuse

Free ad/mention for GOP nonentity Tim Burns. Check.

Dems-in-trouble false narrative. Check.

Posted by: broadwayjoe | April 13, 2010 7:20 PM


Tim Burns is a successful businessman who grew up in his district and has always lived there. He is for lower taxes, opposes cap & trade, and wants smaller government. What better person to represent the district and create jobs? ✓ ✓✓

Critz was a top aide for the despicable Murtha, who called Marines murderers. Critz was also the Corporate Secretary of a company sued for numerous tax liens. This election is a no-brainer.

Dems are in deep trouble. ✓✓✓


http://thepennsylvaniaprogressive.com/diary/2256/critz-company-was-sued-for-tax-liens

Posted by: SuzyCcup | April 13, 2010 8:18 PM | Report abuse

leichtman1


The sun rose this morning - you are going to give Obama credit for that too ???

Can you point to one Obama policy which led to the stock market going up by 60% ?


The stock market is DOWN FROM 14,000.

You can not cherry-pick the low point day of the stock market, and then give Obama credit for every uptick from that moment on.

You are practicing a deception.

Can you point to one Obama policy which led to this 60 % increase ?

You can't say the stimulus - because the stimulus is a FAILURE and hasn't produced the jobs it was supposed to.

Hey - it's spring - are you going to give Obama credit for it getting warmer out too ???


.

.

Posted by: 37thand0street | April 13, 2010 8:10 PM | Report abuse

Whew, that was some read! Just stop the infighting and and realize that our gov't is so corrupt and on the take that we've got to VOTE THEM ALL OUT. I am trying to find trustworthy people to vote for and they don't exist. HHHHHHHHEEEEEEELLLLLPPPPPPPP....Q

Posted by: qwikslver | April 13, 2010 7:55 PM | Report abuse

The Big Lie is the main strategy in the rightwing movement.

Posted by: drindl | April 13, 2010 7:51 PM | Report abuse

“If you tell a lie big enough and keep repeating it, people will eventually come to believe it.'

--Joseph Goebbels

Posted by: drindl | April 13, 2010 7:48 PM | Report abuse

so Obama is now responsible for my typos and Greece's economy. Quite a job he has.

How about this 37th. You are welcome to sit by your keyboard and spend the rest of the evening and your life tearing down Obama and our country while the rest of us will start to ignore you and look for Morning in America.


Let me start your next rant: 37th Says that Obama and this nation are horrible, oh yes and Greece, BECAUSE: _______________________________________________

_______________________________________________

and just fill in the blanks. That might make your typing a little easier.

Posted by: leichtman1 | April 13, 2010 7:24 PM | Report abuse

Four (4) checks.

Free embed of National Republican Congressional Committee attack ad against Dem Mark Critz. Check.

Free ad/mention for GOP nonentity Tim Burns. Check.

Dems-in-trouble false narrative. Check.

No positive mention of the 44th President of the United Sttaes. Check.
_____________________

"Political News & Analysis? If you say so...

Posted by: broadwayjoe | April 13, 2010 7:20 PM | Report abuse

Leichtman


It is spelled "armageddon"

Look at what is happening in Greece right now - you want that to happen here ?

Much of those problems started with ACCOUNTING TRICKS - sounds like Obama, huh?

Posted by: 37thand0street | April 13, 2010 7:16 PM | Report abuse

"YOU DO REALIZE WHAT THIS WILL DO TO THE ECONOMY ????"

yea I just checked my stock portfolio which is up 60% since Obama was sworn in.

so I caught you in 2 lies and you just move on posting more. They were talking about the strategy of the Big Lies on Morning Joe today and how difficult it is when politicians just make up things about their opponents. Apparently that strategy is alive and well here and in the 12th District in Pa. Look for that strategy by the GOP this fall, they have perfected it. I never believed in responding saying that something is a lie, but apparently since the GOP was so skilled with using Death Pannels language they and 37th have become more emboldened with the Big Lie strategy.

Posted by: leichtman1 | April 13, 2010 7:13 PM | Report abuse


What the American People don't realize is Obama's health care plan is NOT PAID FOR.


There are massive new taxes to come.

Obama and the democrats LIED TO YOU ABOUT THE COSTS OF THE HEALTH CARE PROGRAM.

THE COUNTRY NOW HAS A CHOICE: REPEAL OR RAISE MASSIVE NEW TAXES.

At this rate, Obama will have 20% of America's GDP going to INTEREST on the national debt.


The situation is serious.

Obama has really hurt this nation.


Obama is calling everyone a BUNCH OF RACISTS - meanwhile, he is still SPENDING OVER A TRILLION DOLLARS A YEAR IN DEFICITS.

YOU DO REALIZE WHAT THIS WILL DO TO THE ECONOMY ????

You are personally responsible for this

At some point the Republicans are going to have to pass a law and make all the Obama supporters pay for Obama's debt.

.


.

Posted by: 37thand0street | April 13, 2010 7:04 PM | Report abuse

oh and by the way its Medicare Advantage, but you probably knew that, didn't you, just as you knew that Phil and Wendy Gramm wrote the legislation ending Glass Stegall. And what party do the Gramm's belong to, never heard your answer.

Posted by: leichtman1 | April 13, 2010 6:59 PM | Report abuse

37th just wanted to see how absolutely gullible you are. you really surprised me.yea right we are all getting filthy rich from the DNC. and no I didn't switch from Hillary to Obama, I switched from supporting our great SOS to supporting America, what we all are taught in basic civics. I cheer on America every day, look for the best in our country, its economy and leaders regardless who is in charge as opposed to you who apparently spend every waking moment tearing down our leaders and country. how absoluely sad. I see Morning in America, you and the GOP see armageden.

Posted by: leichtman1 | April 13, 2010 6:55 PM | Report abuse


'ALBANY, N.Y. (AP) - Opponents of the fiscally conservative tea party movement say they plan to infiltrate and dismantle the political group by trying to make its members appear to be racist, homophobic and moronic."

that should be laughably easy -- all they have to do is record their speeches.

Posted by: drindl | April 13, 2010 6:51 PM | Report abuse

So you think taxpayers should be forced to subsidize insurance companies, brainiac?

Why don't we just cut our veins and give them our blood? They're bleeding us dry the way it is.

Posted by: drindl | April 13, 2010 6:49 PM | Report abuse


This is what the democrats like broadwayjoe and ddawd are all about:


ALBANY, N.Y. (AP) - Opponents of the fiscally conservative tea party movement say they plan to infiltrate and dismantle the political group by trying to make its members appear to be racist, homophobic and moronic.
Jason Levin, creator of a web site said Monday the group has 65 leaders in major cities across the country who are trying to recruit members to infiltrate tea party events for April 15—tax filing day, when tea party groups across the country are planning to gather and protest high taxes.
__________________________________


OBAMA AND THE DEMOCRATS HAVE REALLY GONE UGLY.

The American People will hold Obama accountable for these actions.

This is NOTHING LESS THAN OBAMA AND THE DEMOCRATIC PARTY ASSAULTING THE FIRST AMENDMENT.


This is a direct attempt to prevent the American people from exercising their First Amendment rights.

Isn't free speech a civil right? This is a CIVIL RIGHTS VIOLATION - and the whole crew of them should be thrown in jail for a very long time.


At the least, this is another count of impeachment against Obama.


The democratic party can either speak out against this - or they can indicate they agree with this ASSAULT ON THE CONSTITUTION by keeping their silence.


Is this simply going to go on and on - the American People do NOT want the health care bill - that did not change just because Obama bought off enough votes, bought off a bunch of lobbies, and pushed through an unpopular bill.


The democrats are going to have to "let go" of the idea that they have a mandate for a far-left agenda.

ALL the democrats have is a MANDATE TO BE BIPARTISAN. That much is clear.

Obama has turned the democratic party into a CIRCUS OF PRETEND - THERE IS A - JAPANESE WORD FOR THAT I THINK IT'S KABUKI

.


.
.


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Posted by: 37thand0street | April 13, 2010 6:47 PM | Report abuse

Obama has $500 Billion in cuts to Medicare which he just pushed through.

That is how Obama is pretending to "pay for" the health care bill.

And there is the $225 Billion doctor fix, which is being regards as off the budget.

Obama's health care bill is the "Enron Of All Government Programs "


If it doesn't get repealed, it will be a financial implosion.


.

Posted by: 37thand0street | April 13, 2010 6:42 PM | Report abuse

.

---while the $500 billion in Medicare cuts in the bill will hurt the state's seniors.---


By not putting this in quotes, it suggests to the reader that this is a factual statement.

It should be noted that the cuts are not to MEDICARE, but to private insurance companies who provide supplemental Medicare plans, and are reimbursed at a higher rate than Medicare is. This is simply a giveaway of taxpayer money to private companies, and an inefficient waste of money that could be applied directly to healthcare, rather than private profits.

It's time to stop forcing taxpayers to subsidize private industry. If we ever want to get HC costs under control, this is a necessary step in that direction.

Posted by: drindl | April 13, 2010 6:38 PM | Report abuse

leichtman1

I knew it - because you switched from Hillary to Obama.


.

Posted by: 37thand0street | April 13, 2010 6:34 PM | Report abuse

A misleading attack ad from the Republicans - what a shocker.

Posted by: jbentley4 | April 13, 2010 6:21 PM | Report abuse

teehee, leichtman -- oh look, here's what will happen to those military TPers who say they don't have to obey orders:

"An Army spokesperson is being pretty cryptic about it, but from what we can make out the Army has commenced an investigation into a lieutenant colonel who has refused to follow orders that he redeploy from Washington, D.C., to Fort Campbell, Ky., on the grounds that Barack Obama doesn't meet the constitutional requirements to be President.

Lt. Col. Terrence Lakin is a physician who has been stationed at the Pentagon in a clinic run by Walter Reed Army Hospital. When we called the Pentagon, we were directed to the Army, which in turn directed us to Walter Reed. A spokesperson there says, "Lt. Col. Lakin will be assigned to duty at Walter Reed pending investigation."

It's not clear from that statement -- and the spokesperson won't elaborate -- whether Lakin has been reassigned from the Pentagon to Walter Reed proper or what type of investigation is underway. The American Patriot Foundation, which is supporting Lakin, issued a press release today claiming that Lakin's commanding officer told him on Monday the he had "the 'right to remain silent' because LTC Lakin is about to be charged with serious crimes."

Late Update: NBC, citing "military officials," reports that Lakin will face court martial."

Posted by: drindl | April 13, 2010 6:19 PM | Report abuse

gee drindl from 37ths post he almost convinced me that Phil Gramm was a loyal D,lol.

and yes 37th we are all agents of the DNC, you might check and see if the RNC will pay you as handsomely..

Posted by: leichtman1 | April 13, 2010 6:14 PM | Report abuse

Gramm and his wife are Rs,leichtman. He was McCain's 'financial advisor' in the last campaign.

Posted by: drindl | April 13, 2010 6:08 PM | Report abuse

leichtman1

I knew it - so how many of you are on here - are you all paid posters?

Posted by: 37thand0street | April 13, 2010 6:08 PM | Report abuse

Every legitimate poll shows at least 60 percent of voters say the economy is their number one issue for the fall elections. Is this a smart strategy for the GOP?

http://www.political-buzz.com/

Posted by: parkerfl1 | April 13, 2010 6:08 PM | Report abuse

yes we are agents of the DNC 37th you finally nailed us

Posted by: leichtman1 | April 13, 2010 6:03 PM | Report abuse

my US Senator, Phil Gramm and his wife Wendy who was a bank lobbyist wrote the legislation repealing Glass/Stegall that they used to brag about. Can't recall which party the Gramms are though..I told his office then that I thought that was a dangerous idea but he wrote me back and told me it was best for the free market. I have that letter framed and laugh every time I read it, but am sure you already knew that 37th..

Posted by: leichtman1 | April 13, 2010 6:00 PM | Report abuse

DDAWD

Is that your only response? Silence the opposition ? Are you employed by the democratic party, OFA or any other democratic group ?


Please identify the group you are associated with.

If you want to silence the opposition, please go to a country which doesn't have freedom of speech.

.

Posted by: 37thand0street | April 13, 2010 5:58 PM | Report abuse

Posted by: shrink2 | April 13, 2010 5:53 PM | Report abuse

Obama does not have anything near the influence in foreign policy which his campaign claimed he would have in 2008.


Right now Obama's platform from 2008 has turned out to be nothing but a pile of crap.

Is there ANY part of Obama's campaign he has kept


Bipartisanship ?


Post-Racial? Not with all these false charges of racism.


Post-Partisan? Not even close. Obama has actually gone backwards.


Transparency? the Summit in Washington was CLOSED to the public and press except for opening and closing statements.

Obama's pledges have become a pile of crap.


No other way around it.


.

Posted by: 37thand0street | April 13, 2010 5:45 PM | Report abuse

drindl

You are not blocked from posting - far from it

You are clearly leveling a false charge, again.


You post all the time, no one stops you.

.

Posted by: 37thand0street | April 13, 2010 5:41 PM | Report abuse

drindl, I don't get it...
Should I cite the quote? I always do if the quote involves an opinion of any kind, but if it is an easily verifiable fact, I don't bother.

Posted by: shrink2 | April 13, 2010 5:21 PM | Report abuse

When you put quotation marks around a quote, it signals to people with at least a 4th grade education that it is a quote.

Posted by: drindl | April 13, 2010 5:14 PM | Report abuse

Even better, S&P will clear 1200, probably tomorrow.

"After the market closed today, chipmaker and Dow component Intel Corp reported a stronger-than-expected first-quarter profit, sending its shares 3.8 percent higher to $23.63 in extended-hours trading. Intel rose 0.6 percent to $22.68 in the regular session.

Intel also lifted shares of Advanced Micro Devices and stock index futures, suggesting Intel will boost stocks when the market opens on Wednesday."

Posted by: shrink2 | April 13, 2010 5:12 PM | Report abuse

I agree with Dawd, Chris.

I know I can be annoying, but NO ONE holds a candle to this 37 character, who isn't interested at all in facts or discussion, all he wants is to block others from posting.

You'd probably get a lot more hits here without him -- he's a pest -- and who wants to spend time scrolling past his bloghogging spacing every 2 minutes?

Posted by: drindl | April 13, 2010 5:11 PM | Report abuse

Yes drinl


You have no idea what you are talking about - all you do is copy-and-paste you way through all your postings - pretending that you write the entire post.


.

Posted by: 37thand0street | April 13, 2010 5:10 PM | Report abuse

Chris, can you please get rid of this 37th character? It's pretty tiresome to see him clog up every single goddamn blog with his nonsense. He's not going to stop, so please don't ask him to.

Thanks.

Posted by: DDAWD | April 13, 2010 5:06 PM | Report abuse

OMG...The Dow CLOSED above 11,000 AGAIN!

THANK YOU, PRESIDENT OBAMA...YOU'RE THE BEST PRESIDENT EVER!!!!

Posted by: Bondosan | April 13, 2010 5:03 PM | Report abuse

drindl


OK in your world Bill Clinton never repealed the Glass-Steagal Act and Hillary never took a dollar from Wall Street interests for her three campaigns.

Yea, I guess in your world, Bill Clinton never had an appointee at Freddie Mac or Fannie Mae.

Give me a break - you have GOT TO BE KIDDING.

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Posted by: 37thand0street | April 13, 2010 5:02 PM | Report abuse


'So, it is a democratic party-inspired SMEAR CAMPAIGN - AND IT PROBABLBY GOES ALL THE WAY UP THE LINE.

WHAT DID YOU KNOW AND WHEN DID YOU KNOW IT.


This is an impeachable offense.'


This is the most infantile and funniest one yet.


Posted by: drindl | April 13, 2010 5:00 PM | Report abuse

On the subject of fin/ref, this is an interesting piece. All it took was a couple of these:

"A hedge fund, Magnetar, helped create arcane mortgage-based instruments, pushed for risky things to go inside them and then bet against the investments."

"A few savvy financial engineers at a suburban Chicago hedge fund helped revive the Wall Street money machine, spawning billions of dollars of securities ultimately backed by home mortgages.

When the crash came, nearly all of these securities became worthless, a loss of an estimated $40 billion paid by investors, the investment banks who helped bring them into the world, and, eventually, American taxpayers. "

http://www.propublica.org/feature/the-magnetar-trade-how-one-hedge-fund-helped-keep-the-housing-bubble-going

Posted by: drindl | April 13, 2010 4:58 PM | Report abuse

This is what the democrats like broadwayjoe and ddawd are all about:

ALBANY, N.Y. (AP) - Opponents of the fiscally conservative tea party movement say they plan to infiltrate and dismantle the political group by trying to make its members appear to be racist, homophobic and moronic.
Jason Levin, creator of a web site said Monday the group has 65 leaders in major cities across the country who are trying to recruit members to infiltrate tea party events for April 15—tax filing day, when tea party groups across the country are planning to gather and protest high taxes.
__________________________________

This is NOTHING LESS THAN OBAMA AND THE DEMOCRATIC PARTY ASSAULTING THE FIRST AMENDMENT.

This is a direct attempt to prevent the American people from exercising their First Amendment rights.


Isn't free speech a civil right? This is a CIVIL RIGHTS VIOLATION - and the whole crew of them should be thrown in jail for a very long time.

At the least, this is another count of impeachment against Obama.

The democratic party can either speak out against this - or they can indicate they agree with this ASSAULT ON THE CONSTITUTION by keeping their silence.

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Posted by: 37thand0street | April 13, 2010 4:56 PM | Report abuse

This is what the democrats like broadwayjoe and ddawd are all about:


ALBANY, N.Y. (AP) - Opponents of the fiscally conservative tea party movement say they plan to infiltrate and dismantle the political group by trying to make its members appear to be racist, homophobic and moronic.
Jason Levin, creator of a web site said Monday the group has 65 leaders in major cities across the country who are trying to recruit members to infiltrate tea party events for April 15—tax filing day, when tea party groups across the country are planning to gather and protest high taxes.


_____________________________________


So, it is a democratic party-inspired SMEAR CAMPAIGN - AND IT PROBABLBY GOES ALL THE WAY UP THE LINE.

WHAT DID YOU KNOW AND WHEN DID YOU KNOW IT.


This is an impeachable offense.


.


.

.

Posted by: 37thand0street | April 13, 2010 4:50 PM | Report abuse

What's interesting, Dawd, is that you know now that the Rs will play every angle Orwellian - will always claim the opposite of what is true.

The truth is, WITHOUT financial regulation -- we will DEFINITELY have another meltdown -- the buildup has already started.

No matter what happens, they can blame it on the Dems and get away with it, because the MSM is for the most part sloppy, and the Rs are very lucky that their base is so thoroughly propandized that they will simply beleive whatever Fox and Rush tell them.

You've already seen it. They beleive -- fantastically -- that a small group of community volunteers caused a global financial meltdown. It's jaw-dropping that they are this simple, but they are.

Posted by: drindl | April 13, 2010 4:47 PM | Report abuse

The problem with Republicans -- well, one of many -- is that they simply don't beleive in democracy. They're like spoiled toddlers, who beleive they should have their way all the time.

Posted by: drindl
------------------------------------------
Right. Why don't believe in "new democracy" where pols burn the midnight oil and work weekends to hide their handywork from the public.

Posted by: leapin | April 13, 2010 4:43 PM | Report abuse

"Despite the fact the party has a candidate that can self-fund, DC GOPers downplay their chances in the special. They point to the Dem registration advantage, along with the fact that the special election will be held on the same day as a contentious Dem GOV and SEN primary that's liable to drive up turnout among Dems.

A loss would continue the GOP's losing streak in competitive House special elections, and would allow Dems to claim they can compete in GOP-leaning CDs.

Russell starts with the early advantage in a primary against Burns. Polling, conducted for Russell's camp, shows him with a big 37-7% lead over the unknown Burns.

http://hotlineoncall.nationaljournal.com/archives/2010/03/its_critz_v_bur.php

Burns, on the other hand, is very wealthy and plans to spend big. To say that this is a referendum on HCR is a simplistic narrative.

All the recent gop winners have pulled to the middle -- and Scott Brown has voted to the middle as well.

Posted by: drindl | April 13, 2010 4:38 PM | Report abuse

It will be hard, if not impossible to do for finreg, though. With health care, there are so many people who were not affected in some way by the prevailing issues in health care. There were plenty of people who weren't suddenly cut off or unable to get care or something like that. That made selling the need for reform hard, not in the absolute sense, but in a relative sense.

With this recession, though, everyone has been affected. Either directly or second hand. We all know someone who has lost a job or is struggling or something like that. That will make blocking finreg a tough challenge. McConnell has made the case that the Dodd bill will lead to lots more bailouts of Wall St. That might be their best argument. That the bill will make things worse. (best as in politically. Obviously it's a complete lie)

Posted by: DDAWD | April 13, 2010 4:27 PM | Report abuse

"Americans said 'no' to government-run health care but Congress and liberals like Mark Critz didn't listen,"

This line, which I keep hearing, sounds a great deal like the battered wife defense, "She doesn't know how to listen.'

Coming from the same type of people, no doubt. Rightwingers said 'no'to HCR -- but hey, they lost the election, didn't they ?

The problem with Republicans -- well, one of many -- is that they simply don't beleive in democracy. They're like spoiled toddlers, who beleive they should have their way all the time.

Posted by: drindl | April 13, 2010 4:23 PM | Report abuse

Now the same political battle lines are being drawn around the financial "reform" bill.

The Republicans are attacking Dodd's bill, of course, but they have brought nothing serious forward as an alternative.


“Obviously Senator McConnell’s outrage serves a political purposes and gives him a record to point to in the future if taxpayers are again called upon to fund a bailout,” said Ms. Nowicki, now a law professor at Boston University. “What Senator McConnell does not do, however, is propose in great detail a sensible outline for financial reform that will ensure that accountability for financial failure is placed upon the parties responsible for the failure.” NYT

A familiar pattern.

Posted by: shrink2 | April 13, 2010 4:20 PM | Report abuse

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