Syria Is ‘Iran’s Route To The Sea’ of the Day
Posts tagged Politics
I am speechless. Speechless! I have no speech.
i don’t want to live on this planet anymore…
“Since 1961 … our private economy produced 66 million private-sector jobs. So what’s the jobs score? Republicans 24 million, Democrats 42 million.”
The Republican vice presidential candidate told voters 1.4 million businesses filed for bankruptcy. The actual number is 47,806 — a number that happens to be steadily improving as the economy continues to slowly recover.
In other words, Ryan — hailed by the media as an honest “wonk” who loves facts and figures — was off by a factor of 29…
And in the bigger picture, Jon Chait explains that Ryan’s reputation “has suffered a massive, swift erosion…. Now mainstream pundits are defending Ryan with versions of the ‘well, all politicians fib’ defense. Given that this constituency was once portraying Ryan as unusually honest, this represents a huge retreat for his political brand.”
“There are two novels that can change a bookish fourteen-year old’s life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other involves orcs.“ - John Rogers”
how a bill becomes a law, updated for 2012…
· When Obama was sworn in, the U.S. firearms business was a $19 billion industry. Last year: $31 billion, according to the National Shooting Sports Foundation (NSSF)
· Job growth in the industry over the same time frame: Up 30% (NSSF)
· The gun industry’s record prosperity is also reflected in Ruger sales, up 98% since 2009, and Winchester ammo sales, which are up 33%.
· The federal government’s National Instant Criminal Background Check System (NICS) reports big increases in background checks for gun purchases (up 20 months in a row through January 2012).
“Some people jokingly refer to [Obama] as the salesman of the year for the industry,” says NSSF’s Senior Vice President Lawrence Keane.
Instead of vilifying Obama, the gun industry should thank its lucky stars for the Obama presidency. To put it bluntly: He’s good for business.”
Solyndra was once the toast of Silicon Valley, a hot start-up whose product was not only innovative but revolutionary. It was one of the most successful fund-raisers in the history of clean-tech finance, attracting an astonishing $1 billion from elite investors…
That’s why the Obama Administration (like the Bush Administration before it) was so eager to finance Solyndra’s state-of-the-art factory in Fremont, California… Sure enough, Solyndra’s revenues soared from $6 million in 2008 to $140 million in 2010, and were on track to double again in 2011. Some of us thought the company had a good chance to survive.
Of course, it didn’t, which made some of us look stupid. Silicon prices plummeted, so Solyndra’s business plan imploded, and the company defaulted on its $585 million loan…
There has never been the slightest bit of evidence that political influence had anything to do with Solyndra getting its money. Even Darrell Issa, the top Republican investigator in the House, has admitted that. Every lender makes bad loans, and overall, the federal clean-energy loan portfolio is doing fine. But the idea of the feds giving half a billion dollars to a company that goes bankrupt sounds so shocking that people naturally assume there must be a corrupt explanation. So Republicans have seized on the fact that one major Solyndra investor, George Kaiser, was an Obama fundraiser, ignoring the fact that the Republican donors in the Walton family were also major investors, and that the Bush team was just as gung-ho about the loan…
Solyndra was a potentially transformative company, “widely praised as successful and innovative.” It was a calculated risk that went sour. That’s a shame, but it’s not a scandal.
“The only person who has seen Romney’s taxes is John McCain and he took one look and picked Sarah Palin.” — James Carville”