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Addicting Info
October 11, 2012

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Here’s the transcript, via the New York Times:

MARTHA RADDATZ: Good evening, and welcome to the first and only vice presidential debate of 2012, sponsored by the Commission on Presidential Debates. I’m Martha Raddatz of ABC News, and I am honored to moderate this debate between two men who have dedicated much of their lives to public service.

Tonight’s debate is divided between domestic and foreign policy issues.

And I’m going to move back and forth between foreign and domestic since that is what a vice president or president would have to do.

We will have nine different segments. At the beginning of each segment, I will ask both candidates a question, and they will each have two minutes to answer. Then I will encourage a discussion between the candidates with follow-up questions. By coin toss, it has been determined that Vice President Biden will be first to answer the opening question.

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Crooks & Liars

By karoli

August 11, 2012 06:00 AM

As I write, the only thing lacking is official confirmation by the Romney campaign that Mittens will adopt young Paul Ryan as his running mate. It would appear as though Mittens’ disaster-laden campaign of the past few weeks has prompted his billionaires to lay down the law and require Ryan as the Very Serious Running Mate.

Ah, yes. Paul Ryan, “zombie-eyed granny starver” extraordinaire. The guy who loved Ayn Rand until he didn’t.

Here’s a nice video of Paul Ryan. I’ll bet it would make a great commercial, this lovefest with Glenn Beck.

AUDIO

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Paul Ryan is a disaster, but that doesn’t mean the Villagers won’t treat him as a Very Serious VP Candidate Who Will Give Mittens A Much-Needed Bump. They will treat him that way. Meanwhile, the Very Serious conservatives will rejoice and forget Mitt is their candidate, substituting Paul Ryan in their minds for the first name on the ballot, and the Kochs will open their wallets wider for Their Black-Haired Boy. See, for example, the fawning by Chuck Todd and David Gregory over Ryan As Visionary.

I suppose that’s enough bashing for one post. (Can Ryan ever be bashed enough?) Let’s review some of the facts on Paul Ryan and whether he’s a good fit with Mitt:

Also? President Obama turns him into a whining, sniveling wimp.

I have a theory about why Ryan is the Boy Wonder, and no, it’s not the one that says Mitt is really Herman Munster and Ryan is his sixth son, Eddie. I think Mitt’s billionaires were tired of his very terrible, awful campaign and decided they’d better get the base fired up before they gave up entirely. And so word was passed to Mitt: It’s Ryan or we’re done with you.

After that, all that was left was tapping Tagg to fire TPaw and Rob Portman. Mitt seems to be quite good at delegating tasks, even firing people.

Over on the left, there is much rejoicing about Mitt’s the billionaires’ choice for the veep slot, and for good reason. After all, for eighteen months we’ve been trying to get the general electorate to see the do-nothing Congress in all its glory, from the debt ceiling debacle to the Ryan budget monstrosity to the zillionth meaningless vote to climb into women’s reproductive systems. Now it will be on display for all to see, naked, fat and ugly.

A few other random thoughts. Does anyone giggle at the thought that Bill Kristol picked Sarah Palin and Paul Ryan?  How will Newt Gingrich cover his tracks? Has anyone asked Paul Ryan about Ponzi schemes, particularly those he benefits from?

Who does Eddie Munster’s hair? Quick, hire them for Pretty Paul’s campaign appearances.

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Republican presidential candidate Mitt Romney speaks in Milwaukee, Wis., on March 30, 2012, with House Budget Committee Chairman, Rep. Paul Ryan (R-Wis.) looking on. (Steven Senne / AP)

Huff Post

Jon Ward

Posted: 08/07/2012 10:21 am Updated: 08/07/2012 10:54 am

Bill Kristol and Stephen Hayes caused a stir this week when they encouraged Mitt Romney to pick Rep. Paul Ryan (R-Wis.) or Sen. Marco Rubio (R-Fla.) as his running mate.

The conservative Weekly Standard authors based their argument for Ryan on the premise that Romney, the presumptive Republican presidential nominee, has endorsed the House Budget Committee chairman’s budget anyway, and is going to be attacked for it by President Barack Obama’s campaign no matter what.

“If Ryan’s budget is going to be a central part of the debate over the next three months, who better to explain and defend it than Paul Ryan?” Kristol and Hayes wrote.

Yuval Levin, a former White House policy adviser for President George W. Bush who has been one of the most authoritative conservative voices arguing in favor of fundamental reform of entitlement programs like Medicare, told The Huffington Post that he agrees with Kristol and Hayes.

“The fact is that you can’t choose whether to run on this or not anymore,” Levin said of the Ryan budget and of his Medicare reforms. “Obama will make [Romney] run on this because Democrats continue to think that they have a huge advantage by pushing the issue. And I think there’s going to be a kind of Medicare chapter of the Obama campaign that is going to be coming soon.”

A phone conversation with Paul Begala, a veteran Democratic strategist who is now raising funds and consulting for Priorities USA Action, the main super PAC supporting Obama, confirmed that Levin’s conjecture was correct.

Asked whether Romney will have to campaign on the Ryan budget reforms or whether he should stick to his current jobs and the economy script, Begala told HuffPost, “they will because we’re going to require them to.”

“I promise you the Ryan-Romney budget is going to be central to this discussion,” Begala said. “This is not like some crackpot theory from some long dead Russian immigrant. It is now the official budget of the Republican party of the House of Representatives. This is not like just some kind of fringe deal.”

Begala declined to comment on when Priorities USA plans to unleash their criticisms of the Ryan budget. They are most likely waiting to see if Romney picks Ryan as his running mate, in which case those attacks could be coming sooner than later.

Super PACs like Priorities USA are forbidden by law from coordinating their activities with the Obama campaign. So far this year, the group has worked to reinforce the Obama campaign’s attacks on Romney’s private equity career at Bain Capital.

Obama campaign spokesman Ben LaBolt declined to preview strategic planning for the rest of the campaign, but said as far as they are concerned, Romney already is running on the Ryan budget.

“Governor Romney has not only fully embraced the Ryan budget, but he has introduced a budget plan that is a carbon copy — it makes seniors pay thousands of dollars more each year for their health care and severe cuts to programs essential to the middle class in order to pay for tax cuts for millionaires and billionaires,” LaBolt said. “Mitt Romney is campaigning on the flawed assumption that we can just cut our way to prosperity.”

HERE

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TPM

Sahil Kapur May 1, 2012, 6:16 AM

In the first two years after “Obamacare” was signed, Medicare reforms in the law saved seniors a total of $3.4 billion in prescription drug costs by bridging a coverage gap, according to official figures.Over 220,000 beneficiaries have saved an average of $837 in the first three months of 2012, the Medicare agency said Monday. That’s on top of $3.2 billion in savings enjoyed by some 5.1 million seniors in 2010 and 2011 thanks to the Affordable Care Act, according to the advisory on the new figures.The savings were wrung through a combination of discounts on Medicare prescription drugs — 50 percent on brand names, 7 percent on generics — and rebates for seniors who fell under a coverage gap known as the “doughnut hole.”

“The Affordable Care Act is helping millions on Medicare save billions of dollars on care and prescription drugs,” top Medicare official Marilyn Tavenner said in a statement. “The Affordable Care Act gives people on Medicare the relief they need from medical costs and more resources to stay healthy.”

The figures, circulated to reporters, reflect the administration’s latest attempt to highlight the successes of President Obama’s signature domestic achievement. Just last week, they released data showing that an “Obamacare” insurance regulation is yielding rebates for consumers and businesses who provide employees health care.

Republicans have instead seized on cost projections and some of the law’s failures, such as the now-neutered long-term care CLASS program, to paint the law as an expensive monstrosity. The dedicated stream of attacks from the law’s opponents, and ensuing partisan shouting matches that have defined debates of the law, has painted the legislation in a negative light.

Polls say Americans continue to view “Obamacare” unfavorably on balance. With a Supreme Court decision looming on its constitutionality, the law is shaping up to be an important issue in the November elections.

Image from Shutterstock

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Politico

By GLENN THRUSH|

3/20/12 7:17 PM EDT

Greg Mankiw, the Harvard professor who serves as one of Mitt Romney’s top economic advisers, has managed to take a shot at two key constituencies – Hispanics and seniors – in a single linked post on his popular economics blog.

Under the header “A Fiscal Solution,” Mankiw, who served as Chairman of the Council of Economic Advisers under George W. Bush, posted an uploaded photo of an unidentified newspaper clip, a joke, that read:

“Budget Cuts: The Immigration Department will start deporting seniors (instead of illegals) in order to lower Social Security and Medicare costs. Older people are easier to catch and less likely to remember how to get home.”

It’s unclear what the source of the original clip was – but it doesn’t appear to be The Onion. Mankiw offered no comment other than “Thanks to the reader who sent this along” – but he clearly thought it was funny.

If Mankiw was just a Harvard professor, the joke wouldn’t likely resonate. But he posted it on Tuesday – the day when Paul Ryan released a budget Democrats instantly decried as a Medicare killer and two days after Romney scored a big win in Puerto Rico’s primary – which counter the flurry of criticism he’s drawn from Hispanic groups for his embrace of the controversial “self-deportation” immigration strategy.

A Romney spokesperson referred calls to Mankiw. He later responded to an email query with this statement: “Obviously, it is not serious. A joke.”

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Senator Bernie Sanders on the Senate Floor Feb. 16, 2011

The Nation September 18, 2011

John Nichols

Declaring that “Social Security is the most successful government program in our nation’s history,” and decrying threats to Medicare and Medicaid that would punish Americans who did not cause the current economic crisis, Vermont Senator Bernie Sanders brought thousands of progressives from across the Midwest to their feet Saturday, as they cheered his message to President Obama and the Congressional “super-committee”: “We can deal with deficit reduction in a way that is fair and responsible.”

“Instead of balancing the budget on the backs of working families, the elderly, the children, the sick and the most vulnerable,” Sanders said, “it is time to ask the wealthiest people and most profitable corporations in this country to pay their fair share.”

In several speeches to crowds that numbered in the thousands who gathered for Fighting BobFest events in Madison, Wisconsin, Sanders continues to spell out the progressive economic agenda that argues against cuts in Social Security, Medicare and Medicaid to balance budgets and address deficits and for tax policies that end special breaks for the wealthy and multinational corporations that offshore jobs from the United States.

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MEANWHILE ON WALL STREET

       The whole world is watching.

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Pushing Crisis: GOP Cries Wolf on Debt Ceiling in Order to Impose Radical Pro-Rich Agenda

DEMOCRACY NOW  July 22. 2011

President Obama and Republican House Speaker John Boehner are allegedly close to a $3 trillion deficit-reduction package as part of a deal to raise the federal debt ceiling before an Aug. 2 deadline. But the deal is coming under fire from both congressional Democrats and Republicans. Part of it calls for lowering personal and corporate income tax rates, while eliminating or reducing an array of popular tax breaks, such as the deduction for home mortgage interest. Some Democratic lawmakers expressed outrage on Thursday because the Obama-Boehner agreement appears to violate their pledge not to cut Social Security and Medicare benefits, as well as Obama’s promise not to make deep cuts in programs for the poor without extracting some tax concessions from the rich. We’re joined by economist Michael Hudson, president of the Institute for the Study of Long-Term Economic Trends, a Distinguished Research Professor of Economics at the University of Missouri, Kansas City, and author of “Super Imperialism: The Economic Strategy of American Empire.”

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