Posted on 21-11-2012
Filed Under (Politics) by Rashtrakut

It is an irony too delicious to pass up.  America’s lousy electoral system is still counting votes two weeks past election day.  With votes still to come in from Democratic states like California, it seems almost certain that the most despised plutocrat in America will end up with 47% of the vote.  Mitt Romney has become a Republican un-person since doubling down on his 47% remarks after the election.  It is fitting that 47% will be the final post script on a political career mostly spent losing elections.

Goodbye Mr. 47%, and good riddance.

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Posted on 15-11-2012
Filed Under (Politics) by Rashtrakut

It seems we still have Mitt Romney to kick around one more time. Just when we could hope to see the last of the Bain plutocrat, he shook the etch-a-sketch one last time. This summer Romney’s campaign was shaken by the release of the video where he tagged 47% of the country as moochers. After initially petulantly standing by the remarks Romney laughably and unconvincingly asserted he was for the 100%. Now the election lost, his political career over and unwilling to accept he was outfought by a community organizer the plutocratic mask is revealed once more.

In a call to donors Romney whined that President Obama won by giving “gifts” to his constituency – women, young voters and minorities. On election night Bill O’Reilly engaged in similarly racially loaded rhetoric.

There is of course a total lack of self-awareness on Mitt Romney who wanted to give billions of dollars in goodies tax cuts to his fellow plutocrats and whose Medicare lie was an implicit promise of goodies to old voters. However in the Republican mind only Democratic Party voters want “stuff.”

In a sign of the coming political oblivion of Mitt Romney, his party’s governors and presidential hopefuls spent no time throwing him under the bus. Unlike Romney they understand just how big a disaster the 47% comments were, even though their understanding extends to semantics and not actual policies.

So Romney stands alone, exposed once final time as a giant dick.

UPDATE:  Audio added below.

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Posted on 10-11-2012
Filed Under (Politics) by Rashtrakut

TPM has combined a mash up of the cringeworthy highlights of the final Presidential run of Willard (yes that is his first name) Mitt Romney.  Yes schadenfreude is still running strong through the weekend since we will not have Pinocchio to kick around much longer.  Rich men have run for President.  Businessmen have run for President.  But in the age of the modern political campaign, I don’t think a man with such an awkward public persona or a fundamental inability to relate with the serfs outside the castle on a personal basis has come this close to the Presidency.  Video below:

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Posted on 09-11-2012
Filed Under (Politics) by Rashtrakut

This post by a Romney volunteer shows just how big a clusterfuck the CEO candidate’s get out the vote operation and the Obama campaign imitating Orca app was. This article does does not get into how the Romney campaign overpaid for its ads allowing scam artists consultants to pocket huge commissions. Then again Romney made his money mot as a job creator or superb manager but instead by leveraging the tax code. American CEOs are generally glorified bean counters (and sometimes great salesmen) but often shitty managers of people – something to remember the next time a plutocrat promises a magic path to the political promised land.

I cannot help pointing out that the much maligned community organizer kicked this CEO’s butt and it wasn’t because of a hurricane.

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Posted on 07-11-2012
Filed Under (Foreign Policy) by Rashtrakut

We won’t have Mitt Romney to kick around for much longer.  However, just released back story for Romney’s Benghazi blunder shows just how much Romney was in thrall to the neo-con elements of his base.  When the American consulates in Cairo and Benghazi came under attack on September 11, Mitt Romney jumped the gun to score cheap political points while the consulates were still under attack.  The Washington Post notes  that Mitt Romney was aware the next day he had blundered.  However, fear of the neo-cons being outraged prevented him from admitting his boneheaded mistake.

Within hours, on the advice of his messaging shop and with the blessing of his foreign policy advisers, Romney approved a statement that accused Obama of sympathizing with anti-American interests in the Muslim world. It was sent out shortly after 10 p.m.

By sunrise the next day, it was clear to Romney that they had acted too quickly. The campaign learned that four Americans had been killed in an attack on a U.S. mission in Benghazi, Libya, including Ambassador J. Christopher Stevens. Even to some Republicans, Romney’s hasty statement looked insensitive.

“We screwed up, guys,” Romney told aides on a conference call that morning, according to multiple people on the call. “This is not good.”

His advisers told him that, if he took back his statement, the neoconservative wing of the party would “take his head off.” He stood by it during an appearance in Florida.

A gutless weasel who cannot stand up to the extremists of his own party has no business being President.  We are lucky to have avoided a Romney presidency.

 

 

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Posted on 07-11-2012
Filed Under (Politics) by Rashtrakut

The anonymous copyeditor who came up with the heading “Let Detroit go bankrupt.” That was a millstone even the most mendacious weathervane could not dislodge. As he ponders the end of a long political career littered with defeat, Mitt Romney probably wishes he had never penned that article.

Wherever you are you unsung hero, this blogger salutes you.

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Wed, 07 Nov 2012 01:59

OK…turning in for the night as the Tormore is hitting critical mass.  Michele Bachmann still holds on for dear life.  Dems have narrow leads in the MT and ND Senate seats and the Republican incumbent narrowly up in NV.  Not sure why FL has not been called for Obama yet, but it will probably soon be.  If that result holds, Barack Obama won all his states except Indiana and North Carolina – which were very unexpected wins in 2008 to begin with.

The third consecutive President has been re-elected a feat not repeated since Jefferson, Madison and Monroe, as far as I can tell.  Unlike 2000 and 2004 I retire for the night very very happy.

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Wed, 07 Nov 2012 01:54

Jim Matheson (D- Utah) the ultimate political survivor http://motherjones.tumblr.com/post/35191998648/just-cant-beat-him-these-are-the-districts-that

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Wed, 07 Nov 2012 01:48

Looks like Jim Matheson holds the lone Democratic Utah congressional seat over Mia Love, the latest Republican token minority superstar.

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Wed, 07 Nov 2012 01:32

New Hampshire’s governor, and entire congressional delegation are now all women.

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Wed, 07 Nov 2012 01:23

When was the last time 3 consecutive presidents were re-elected?  Has it happened since Jefferson, Madison, Monroe?  Cannot think of another example.

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Wed, 07 Nov 2012 01:14

Dang as I was typing this Bachmann’s lead dropped to 120, she trailed and then jumped back ahead #itsnotthescotch

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Wed, 07 Nov 2012 01:08

The reelection of Obama avoids the nightmare scenario of Romney benefiting from a delayed boom next year a la Bill Clinton in 1993.

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Wed, 07 Nov 2012 01:07

Roseanne got 8000 votes in Florida #WTF

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Wed, 07 Nov 2012 01:05

Obama at 50% of the popular vote.  No 2000 scenario, but that will not stop Republicans from denying a mandate in any case.

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Wed, 07 Nov 2012 01:01

I am happy I am at home swilling scotch in the warmth of my home…part of me wishes I was at the McCormick center.

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Wed, 07 Nov 2012 00:59

Shades of Obama of old in the speech..must be immensely relived his last election campaign is over.

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Wed, 07 Nov 2012 00:52

Obama wants to meet with leaders of both parties…but Boehner has doubled down on tax nuttery.

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Wed, 07 Nov 2012 00:44

Obama refers to his promise of  a dog in his speech four years back, says one is enough.

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Wed, 07 Nov 2012 00:42

Obama mentions working with Romney.  Don’t see that going very far.  The Republican party hates the guy.

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Wed, 07 Nov 2012 00:41

Obama speaking…sounds tired…hope this is a short speech.  Need to sleep.  Makes a nod about the messed up electoral system.

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Wed, 07 Nov 2012 00:38

If memory serves we had exactly same wet cold crappy weather in Chicago 4 years ago #preordained

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Wed, 07 Nov 2012 00:36

Obama coming out to speak.

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Wed, 07 Nov 2012 00:33

Paul Ryan re-elected to the House.

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Wed, 07 Nov 2012 00:29

Democrats Allan Grayson (FL) and Carol Shea-Porter (NH) swept out in 2010, make it back to the House.

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Wed, 07 Nov 2012 00:27

Ballot initiatives

– Tax increases and death penalty ban going down in CA but only 20% reporting.
– Maine, Maryland and Washington (probably) legalize gay marriage.  First states to do that by referendum without a Bradley effect.
– Michigan repeals emergency manager law.
– Florida initiative to reject the Obamacare mandate loses, but wins in Alabama.
– Missouri votes to ban health care exchanges, which means I suppose the Feds do it for them.
– Colorado and Washington legalize marijuana
– Massachusetts legalizes med marijuana; euthanasia referendum tied.
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Wed, 07 Nov 2012 00:23

First person Obama called after Romney conceded was Bubba.

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Wed, 07 Nov 2012 00:16

Only battleground state Obama lost was North Carolina.

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Wed, 07 Nov 2012 00:14

Florida still not called, but Obama up 0.7

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Wed, 07 Nov 2012 00:12

Joe Walsh goes down, Allen West goes down…come on Minnesota make it a trifecta

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Wed, 07 Nov 2012 00:10

Advice for Republicans looking to flee

 

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Wed, 07 Nov 2012 00:08

Looks like Obama coming out to speak soon.  Wonder if I stay up for the Bachmann result.

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Wed, 07 Nov 2012 00:06

Dems hold on to ND Senate seat.

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Wed, 07 Nov 2012 00:05

Mitt Romney gives a gracious concession speech.  Talking heads start the pass time of “if only this guy had run the campaign this way.”

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Tue, 06 Nov 2012 23:57

Romney speaking now.  He should throw a bone to Palin and let her give a concession speech.

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Tue, 06 Nov 2012 23:54

Fat lady is singing.  Romney calls Obama to concede.  It may just be the Scotch…

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Tue, 06 Nov 2012 23:53

Krauthammer on Faux saying the Republicans don’t need to change but somehow need to get hispanic votes.  Forgets that Romney closed the gap as Moderate Mitt.

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Tue, 06 Nov 2012 23:50

Dang!!! VA called for Obama.

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Tue, 06 Nov 2012 23:48

Bachmann up only 120 votes, Murphy takes the lead over West.

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Tue, 06 Nov 2012 23:44

Karl Rove offering advice to Obama on Fox.  Dear President Obama pay attention and do just the opposite.

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Tue, 06 Nov 2012 23:43

Karl Rove is spinning an alternate reality on Faux News.

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Tue, 06 Nov 2012 23:42

Bachmann up only 200 votes…please god please…

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Tue, 06 Nov 2012 23:41

Jennifer Rubin’s twitter stream is hanging its hat on the narrowness of the victory.

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Tue, 06 Nov 2012 23:39

Karl Rove trying to justify blowing a billion dollars…too funny.  Stating the case for no mandate.

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Tue, 06 Nov 2012 23:38

Some of the people on the A&M board are nostalgically talking of secession.  They do bbelong in the SEC.  #theSouthshallriseagain

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Tue, 06 Nov 2012 23:34

Liberated and opened up a bottle of Tormore that had been lying forlorn for way too long.

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Posted on 06-11-2012
Filed Under (Politics) by Rashtrakut

I am currently channeling my inner Cartman against Mitt Romney. Meanwhile Pinocchio is still refusing to concede.

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Posted on 06-11-2012
Filed Under (Politics) by Rashtrakut

Tue, 06 Nov 2012 23:19

Maryland becomes the first state to legalize gay marriage by popular vote.  Not heard about Maine yet.

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Tue, 06 Nov 2012 23:15

Fuck it…going to get the ice and scotch!!!

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Tue, 06 Nov 2012 23:14

Mitt Romney ran a classless campaign…he leaves the same way.  Maybe he is waiting to write that concession speech.  Still waiting on the concession, with NV, IA and CO called it is OVER!!

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Tue, 06 Nov 2012 23:11

Faux calls NV for Obama and CO is officially Obama, it over without Ohio.

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Tue, 06 Nov 2012 23:04

Fox News already talking on no mandate for Obama.

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Tue, 06 Nov 2012 23:01

Fox calls NV for Obama.  Am enjoying watching Faux News for a change.

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Tue, 06 Nov 2012 22:54

Chuck Todd noting the President is leading VA, FL and CO.  Maddow points out Karl Rove has a vested interest in dragging this out.

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Tue, 06 Nov 2012 22:49

Jeff Flake wins Arizona. Martin Heinrich wins New Mexico. Democrats at 51 in the Senate.

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Tue, 06 Nov 2012 22:45

I am currently channeling my inner Cartman against Mitt Romney. Meanwhile Pinocchio is still refusing to concede.

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Tue, 06 Nov 2012 22:37

Donald Trump, classy as ever.

 

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Tue, 06 Nov 2012 22:34

OH has been called for Obama, but Romney not ready to concede.  On Faux News turd blossom pulled out his math to say it was not over.  NV, CO and IA need to end this.

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OK they better hurry up…don’t want to drink at 2 AM.

 

Tue, 06 Nov 2012 22:21

Whew am I glad i don’t have to hide from this post http://rashtrakut.com/blog/2010/03/23/the-biggest-loser-why-health-care-reform-may-have-ended-mitt-romneys-presidential-dream/

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Tue, 06 Nov 2012 22:15

Its….over…..Ohio to Obama per NBC.

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Tue, 06 Nov 2012 22:10

MSNBC calls IA for Obama…fat lady warming up vocal cords.   Maybe Mitt should start working on that concession speech.

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Tue, 06 Nov 2012 22:09

Denver Post calls CO for Obama.  NV and IA could end this without waiting for FL, VA or OH.

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Tue, 06 Nov 2012 22:06

McCain campaign manager Steve Schmidt acknowledging the demographic disaster facing the Republican party from its embrace of Pat Buchanan’s race polarization strategy.  Putting up token minorities is not enough in the long run.

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Tue, 06 Nov 2012 22:02

Pacific states close, Obama at 243 electoral votes.

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Tue, 06 Nov 2012 21:59

Tim Kaine beats George “Macaca” Allen.  To think one slur derailed the career of a man touted as a future Presidential candidate.

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Posted on 06-11-2012
Filed Under (Politics) by Rashtrakut

Tue, 06 Nov 2012 21:55

Faux News noting that demonizing the Hispanic community and chasing out RINO’s was bad politics.

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Tue, 06 Nov 2012 21:53

Michele Bachmann and Allen West narrowly leading very tight races.

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Tue, 06 Nov 2012 21:51

Basically Obama has to win FL or OH or two of CO/IA/VA and he wins. He will likely win NV.

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Tue, 06 Nov 2012 21:41

Scott Brown concedes…probably hoping Kerry leaves to become Obama’s Secretary of State

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Tue, 06 Nov 2012 21:15

One asswipe gone from the House – Joe Walsh loses to Tammy Duckworth

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Tue, 06 Nov 2012 21:10

Faux News backing away from poll trutherism.

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Tue, 06 Nov 2012 21:07

Todd “magic female body parts” Akin loses to Claire McCaskill.

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Tue, 06 Nov 2012 21:01

IA, MN, NV too early to call but Obama up.

Romney wins Utah and Montana

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Tue, 06 Nov 2012 20:59

David Axelrod keeps his moustache

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Tue, 06 Nov 2012 20:58

How historic is the election of Tammy Baldwin?

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Tue, 06 Nov 2012 20:52

Faux News calls WI Senate for Tammy Baldwin.  Dems have a shot of increasing their Senate majority.

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Posted on 06-11-2012
Filed Under (Politics) by Rashtrakut

Tue, 06 Nov 2012 20:45

Indiana was a closer win than expected for for Donnelly.  The libertarian candidate got about 6% of the vote there.

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Tue, 06 Nov 2012 20:36

Tammy Baldwin leading Tommy Thompson in WI.  Paul Ryan loses his home state too.

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Tue, 06 Nov 2012 20:34

Sherrod Brown beats his pre-pubescent opponent in Ohio.  A lot of super-PAC money down the drain.

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Tue, 06 Nov 2012 20:34

Some Dick Morris humor

1 hour ago

15 minutes ago

5 minutes ago

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Tue, 06 Nov 2012 20:29

Obama wins Wisconsin.  VA could end this night quickly.

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Tue, 06 Nov 2012 20:23

Uber asshole Allen West locked in a tight race.  Not seen results for Michele Bachmann yet.

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Tue, 06 Nov 2012 20:22

Ok Virginia hurry up and get called for Obama…I want to start warming up the ice cubes.

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Tue, 06 Nov 2012 20:16

Obama wins PA…yet another election cycle a Republican candidate parks in the state just before the election with no win.

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Tue, 06 Nov 2012 20:10

Down goes Scott Brown..down goes Scott Brown.

Meanwhile Romney has lost his second home state – MI.

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Tue, 06 Nov 2012 20:07

Dana Perino does not understand that Republicans did quite enough to piss of Latinos without abortion being a factor.

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Tue, 06 Nov 2012 19:57

I would like to watch CNN, but Wolf Blitzer profoundly annoys me with his inanities.

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Tue, 06 Nov 2012 19:53

I am profoundly disgusted at how enthusiastically Republican election officials have tried to make it for traditional Democratic constituencies to vote.  People still standing in lines in FL and VA.

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Tue, 06 Nov 2012 19:48

Uberhack Ken Blackwell who tried to rig Ohio for George Bush bullshitting about the balanced 2004 election. Trying to defend our totally broken electoral mechanism.

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Posted on 06-11-2012
Filed Under (Politics) by Rashtrakut

Tue, 06 Nov 2012 19:25

Working out the kinks, new thread is here.

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Tue, 06 Nov 2012 19:10

Democrats leading the Senate races in MA, PA, MO and OH.  Obama may be leading the Ohio vote.

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Tue, 06 Nov 2012 19:03

OK, TN, MS to Romney.  IL, RI, DE, MA, CT, ME to Obama but no call on the single electoral vote.  Romney loses his first home state.

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Tue, 06 Nov 2012 19:01

PA to early to call with Obma leading.  IL to Obama..yaay my vote counts.

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Tue, 06 Nov 2012 19:00

Democrats pick up the Indiana Senate Seat.  Thank you tea party.  Wonder if Dick Lugar is sipping champagne.

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Tue, 06 Nov 2012 18:56

WV to Romney too as Appalachia votes against Obama  #shock

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Tue, 06 Nov 2012 18:55

Ok catching up so far..no real surprises.  Romney has won KY, IN, SC and will soon win GA.  Obama has won VT.  VA, FL, OH and NC too close to call.  The last one is not surprising based on early turn out, but will not bring smiles in Romney headquarters.

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Tue, 06 Nov 2012 18:46

Finally get to try out my newly installed live blogging plugin after a delay getting home due to someone who got his car on the train.  Get to try out my shiny.  Still Scotch free…whether the ice-cubes are warmed up in joy or despair remains to be seen.  So here goes.

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Posted on 23-10-2012
Filed Under (Politics) by Rashtrakut

In a Palinesque display of geographic knowledge, Mitt Romney asserted yesterday that Syria provided Iran access to the sea. This overlooks the fact that the two countries do not share a border and that Iran has its own coastline along with a World War I caliber navy conducive to Romneyesque ship counting. This evidently is not the first time Romney has uttered this geographic whopper. Iran can access the Mediterranean Sea via the Suez canal in any case. The argument about Iran getting bases in Syria (allegedly the intent of the quote) can be made without resorting to alternative cartography.

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Posted on 23-10-2012
Filed Under (Politics) by Rashtrakut

Moderate Mitt resurfaced for yesterday night’s debate. In a shamelessly cynical performance that has been the hallmark of his campaign, Mitt Romney jettisoned six years of foreign policy proposals. The belligerent blowhard embracing the idea of war with Iran morphed into the prince of peace. The man who accused Obama’s foreign policy of falling apart meekly agreed with the president’s policies. The man who along with his party trashes the UN and international courts called for a indictment of Iranian President Ahmadenijad for inciting genocide by these bodies – ignoring of course who holds the real power in Iran. Ultimately he displayed a Cliff’s Notes understanding of foreign policy and seemed more concerned with seeming “Presidential” than showing any substance behind the empty suit.

The President was better prepared for this attack of Romneysia and pummeled a shockingly passive Romney. We will know soon enough if this was enough to prevent the election of a truly cynical prevaricator.

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Posted on 22-10-2012
Filed Under (Politics) by Rashtrakut

President Obama delivers a brutal rejoinder to Mitt Romney’s silly nostalgia for a ship count of the dreadnought era.  Video below:

 

 

UPDATE: And yes this is another bullshit Romney/Ryan comparison.

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Posted on 17-10-2012
Filed Under (Politics) by Rashtrakut

The binder was not prepared by Mitt. While Mitt did hire many women, it appears none of them were in senior positions. As the article notes, what does it say about the circles Mitt worked in and socialized with that he did not know any qualified women without recourse to a third party binder?

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Posted on 16-10-2012
Filed Under (Politics) by Rashtrakut

Now that Romney’s tax plan and job plan (not to mention the one page sheet that counts as his housing plan) have been widely debunked as fantasies, cannot help wondering at what point do we equate him to Herman Cain – he of the fantastical 9-9-9 plan. Both are business peddling flim flam, but Romney so far has been granted what increasingly looks like an undeserved stamp of gravitas.

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Posted on 16-10-2012
Filed Under (Politics) by Rashtrakut

Mitt Romney’s tax plan is widely known to be a joke. His foreign policy is worse. Now the Washington Post’s Glenn Kessler has demonstrated his job plan is malarkey too.

We asked the Romney campaign and the answer turns out to be: totally different studies … with completely different timelines.

For instance, the claim that 7 million jobs would be created from Romney tax plan is a ten-year number, derived from a study written by John W. Diamond, a professor at Rice University.

This study at least assesses the claimed effect of specific Romney policies. The rest of the numbers are even more squishy.

For instance, the 3-million-job claim for Romney’s energy policies appears largely based on a Citigroup Global Markets study that did not even evaluate Romney’s policies. Instead, the report predicted 2.7 million to 3.6 million jobs would be created over the next eight years, largely because of trends and policies already adopted – including tougher fuel efficiency standards that Romney has criticized and suggested he would reverse.

The 2-million-jobs from cracking down on China is also very suspicious.

There you have it. The man of business is rapidly being exposed as an empty suit devoid of any meaningful policies or core principles and running on shameless mendacity.

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Posted on 15-10-2012
Filed Under (Politics) by Rashtrakut

St. Ronald Reagan’s former budget director David Stockman has an absolutely brutal take down of Romney’s self proclaimed strongest qualification for the Presidency – deep insights gleaned in the economy from his career as a LBO specialist.  With only 4 years in public office and a record he ran from until the last debate that part of the resume is thin.

Bain Capital is a product of the Great Deformation. It has garnered fabulous winnings through leveraged speculation in financial markets that have been perverted and deformed by decades of money printing and Wall Street coddling by the Fed. So Bain’s billions of profits were not rewards for capitalist creation; they were mainly windfalls collected from gambling in markets that were rigged to rise.

Nevertheless, Mitt Romney claims that his essential qualification to be president is grounded in his 15 years as head of Bain Capital, from 1984 through early 1999. According to the campaign’s narrative, it was then that he became immersed in the toils of business enterprise, learning along the way the true secrets of how to grow the economy and create jobs. The fact that Bain’s returns reputedly averaged more than 50 percent annually during this period is purportedly proof of the case—real-world validation that Romney not only was a striking business success but also has been uniquely trained and seasoned for the task of restarting the nation’s sputtering engines of capitalism.

Except Mitt Romney was not a businessman; he was a master financial speculator who bought, sold, flipped, and stripped businesses. He did not build enterprises the old-fashioned way—out of inspiration, perspiration, and a long slog in the free market fostering a new product, service, or process of production. Instead, he spent his 15 years raising debt in prodigious amounts on Wall Street so that Bain could purchase the pots and pans and castoffs of corporate America, leverage them to the hilt, gussy them up as reborn “roll-ups,” and then deliver them back to Wall Street for resale—the faster the better.

That is the modus operandi of the leveraged-buyout business, and in an honest free-market economy, there wouldn’t be much scope for it because it creates little of economic value. But we have a rigged system—a regime of crony capitalism—where the tax code heavily favors debt and capital gains, and the central bank purposefully enables rampant speculation by propping up the price of financial assets and battering down the cost of leveraged finance.

Stockman follows up with specific examples of the financial engineering and tax arbitrage that enabled Bain’s success.

It is an analysis that I tend to agree with.  Mitt Romney keeps preaching (including in the debate two weeks ago) that he was a job creator.  Yet as his business partners have noted, Bain was not in the business of job creation.  They were there to make their investors money.  Most of the jobs Romney claims arise from a minor and short lived investment in Staples, with a lot of the Staples job growth happening after Bain cashed out.

Now Romney obviously was very good at what he did.  But whether a tax arbitrage speculator gets any special insight in the macro economy is an open question.  He is obviously more comfortable talking about economic issues (as opposed to foreign policy), but the policies he has issued (with little detail) are largely supply side nonsense – perhaps because saying anything else will be political suicide in his party.

The other thing that bothers me about Bain, is that they represent some of the worst parasitic forms of capitalism that has infected American industry in the last 30 years.  Many of these acquisitions were accompanied by slashing benefits for workers to make sure the speculators got their dough.  So while compensation at the top has ballooned, middle-class incomes have stagnated or in some cases declined.  To this blogger it is a recipe for a slow decline into stratified oligarchy and likely social unrest in the future.  This country needs a long hard discussion whether the preferential tax treatment for the gamblers of capital is actually justified.

 

 

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Posted on 15-10-2012
Filed Under (Politics) by Rashtrakut

Jon Stewart unearthed a 1936 clip of FDR that almost seems prophetic.  The Ryan/Romney ticket will not present its math on how they magically balance the budget.  Romney has embraced Ryan’s plan to voucherize medicare and keep costs down by artificially limiting the growth of the vouchers below the expected rise in medical expenses i.e. by not paying the medical bills.  Ryan as a Rand disciple has previously expressed hostility to the premise of Social Security & Medicare.  Heck, in last week’s debate he expressed support to privatize it.  Wouldn’t that have been dandy in 2008?  So basically we are asked to trust a ticket hostile to America’s social contract that they will do it better with no details.  Yeah right!!!  Video below:

 

 

 

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Posted on 15-10-2012
Filed Under (Politics) by Rashtrakut

The picture below is an advertisement for storage units in Manhattan. Lost in the brouhaha of Mitt’s mendacity, lack of specifics, Obama’s debate posture and Biden’s grins is the fact that Mitt Romney has disclosed only two incomplete years of tax returns. We have no idea what he was up to with his off shore bank accounts or whether he participated in the Swiss bank account amnesty. Tax returns were important enough for Mitt to supply 23 years to John McCain and to collect 10 years from Paul Ryan for Vice Presidential vetting. But evidently we are not entitled to the same data in vetting Mitt Romney for the presidency.

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Posted on 14-10-2012
Filed Under (Politics) by Rashtrakut

It was only a matter of time Mitt Romney got the Gangnam Style makeover.  The K-pop hit mocking the snobs of Seoul’s Gangnam district has gone viral.  So it was only a matter of time the rich man with Cayman and Swiss accounts running for the Presidency and whose cars will soon have their own elevators would be mocked.  Video below:

 

 

Jay Leno previously took a stab at it as month earlier.  Video below:

 

 

The video for the original is below:

 

 

Enjoy….

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Posted on 12-10-2012
Filed Under (Politics) by Rashtrakut

The folks at Daily Kos are getting on a roll. Their first video got over 1.8 million hits – like a typical cable news show. This one has shorter clips and repeats a few, but drives the same message. Mitt Romney will say anything to get elected. A professional ad agency could do wonders with such material. Video below:

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Posted on 12-10-2012
Filed Under (Politics) by Rashtrakut

From the always excellent Steve Benen in his weekly chronicles of Mitt’s mendacity. Paul Ryan repeated some of these whoppers yesterday, including the one about the size of the navy. Looks like Mitt got the Onion treatment too.

Would be funny if it were not so depressing.

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