Archive for February, 2010

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Economy

Scott Amundson presents DOLLARIZATION IN LATIN AMERICA: A POLICY GUIDE FOR CENTRAL BANKERS AND MONETARY OFFICIALS posted at ECONOMY POLITICA.

Exploring the influence the US dollar has in Latin American countries, and how it impacts the domestic fiscal policies of these countries.

Madeleine Begun Kane presents Ode To GOP Stimulus Hypocrisy posted at Mad Kane’s Political Madness.

A poem about the Republican’s opposition to the stimulus bill while accepting the cash with little opposition.

Bruce presents Georgia is 3rd inside the US for Delinquent Mortgages posted at Government Mortgage Help.

REMARKS: Mortgage Help from the Government to assist you in keeping your home from mortgage foreclosure during this recession.

Related articles:
Vulcan’s Hammer – "Let the bad investment die already"
Divided We Stand – United We Fall – "Know When To Fold ‘Em"
Cato @ Liberty – "A Campaign Finance Lesson"

Health Care

Alexander Bisignano presents Insurance and Genetic Testing in the United States posted at The Chromosome Chronicles.

Questioning the ethics behind genetic testing for Life Insurance coverage.

Scott Spiegel presents Gambling on Amnesia posted at Scott Spiegel.

Reviewing Obama’s push on health care reform, and the gamble he was making by holding the health care summit with Republicans and Democrats.

Related articles:
Liberal Values – "First Impression On The Health Care Summit"
Sensen No Sen – "Marriage Laws and Risk to Children"

Contributing members:

If you wish to be a contributing member, please visit the Political Blog Listing for more information.


Miscellaneous

Carole Gold presents Glenn Beck’s Bigger Message posted at Carole Gold.

REMARKS: Regardless of your political preference, Glenn Beck has a vital message for us all.

Anne Simone presents 100 Great Twitter Streams for Serious Politicos posted at Online Degree Programs.org: Top Online Degrees.

A handy list of 100 Twitter streams from various news and opinion sources that cover politics.

Steve Mustanski presents Democrats Now Love Bush Patriot Act posted at Conservative Patriot HQ.

Looking at the overwhelming passage of the Patriot Act extension by the House without significant protest.

Related articles:
TalkLeft – "Senate Votes to Extend Patriot Act"

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For those of you who do not know, a massive 8.8 mag earthquake struck right off the coast of Chile during the early hours of the morning today. This earthquake has created a tsunami which has just now reached Tahiti, bringing 6 foot waves to the island. Hawaii is expecting the tsunami around 11am local time (around 4…pm EST). Please keep everyone in Chile and in the path of the tsunami in your thoughts and prayers today.

As we know with the recent Haiti earthquake, these massive quakes are usually followed by large aftershocks.  One look at the map below shows the swarm of quakes of 5.0 or more in both Chile and Argentina.

If you are interested in watching the live news coverage of the tsunami, KITV in Hawaii is streaming live news coverage from their site.  Simply click on this link to watch the reporting in a new window.  In the mean time, regardless of your religious (or non-religious) affiliation, please keep all of those impacted by these quakes and tsunami in your thoughts and prayers.

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For seven hours, the President and representatives from the two major parties sat around a square table to debate the merits of the omnibus Health Care Reform package put together by the Democrats in the House and the Senate, as well as the framework released by the President earlier in the week. For seven hours, talking points were passed back and forth, and the President challenged the Republicans on their criticisms and proposals. For seven hours, the only thing that was accomplished was localized global warming and an increase in noise pollution.

I’m still going through all of the accounts of the day as well as watching some of the video clips of the exchanges, and the only thing that I learned was that Republican Representative Paul Ryan should become the party’s face for their position in the debate. He came across well studies, articulate, and knowledgeable on not only the Democratic legislation but on the CBO scoring as well. He, by far, was much better than Senator John McCain. McCain sounded like he was stuck in 2008 campaign mode, but with more rambling and less on-topic discussion.

Reading through the members on the Political Blog Listing, I have found two bloggers who have posted their initial views on the summit.

Our friend over at the First Door on the Left said:

President Obama hosted what was billed as a bipartisan health care summit in D.C. today. There was, in reality, nothing bipartisan about it. The Republicans (as expected) spent the entire day whining and insisting that unless things are done their way they won’t be done at all.

This was balanced by QandO:

I’ve been watching and/or listening to the health care summit today and it became fairly obvious from the opening bell that there wasn’t going to be much of anything worthwhile or substantive accomplished – not that I’m surprised. 5 hours into it, it has been mostly the exchange of talking points. Right now I’m forced to listen to Henry Waxman give his. He’s claiming his version of the bill is the best and the Republican’s version sucks. Pretty much the way it has gone all day (Republicans have mostly said they want to start over with a clean sheet). Every one of the Democrats are appealing to emotion via tragic anecdotes.

Open Congress had this to say:

On the surface, today’s health care summit didn’t change much of anything. No bipartisan agreement on how to move forward was struck. Members of Congress didn’t put away their talking points in exchange for an honest discussion. And, despite the summit being broadcast live on television, it’s clear that behind-the-scenes, un-televised negotiations will to continue to take place.

UPDATE:

From Connecting.the.Dots:

The bottom line is that the President tried but must realize that he succeeded only in revealing his own total grasp of the subject against the emptiness behind most of the Republican rhetoric for a minority of Americans willing to watch for hours. That ultimately may be the best Obama could hope for, as he ended with a clear warning that, if there is no sign of GOP engagement in the next month, Democrats in both Houses will move ahead without them.

A Disgruntled Republican said:

Watching the health care summit, I thought “Barack” came across as arrogant and condescending. I was struck by how Barack referred to everyone by their first name, calling Senator John McCain, who is certainly old enough to be his father, as “John” yet all of the senators referred to Barack as “Mr. President.” … This is an outrage. If senators must call the President “Mr. President” then he should return the courtesy by referring to the senators as “Senator.”

Taxes, Stupidity, and Death continued with:

And when Paul Ryan took 6 or so minutes to talk about the numbers from the CBO, the group actually charged with figuring out what these little love letters from Congress cost we, the unhappy recipients, Barack Hussein Obama looked like someone peed in his ice cream. It was like Congressman Ryan didn’t realize that he was actually addressing Barack Hussein Obama, who didn’t appreciate anyone making light of the fact that a gargantuan increase in a government entitlements don’t save us money, especially when the entitlements they already gave to us are choking the states, and ballooning uncontrollably.

As stated over on Cato @ Liberty:

There seemed to be a division between representatives who knew the technical subject matter and those who—for lack of a better phrase—knew the emotional subject matter. Surprisingly astute commentaries on fiscal realities were met with appeals to the story of one constituent or another—or of members’ own families’ health predicaments.

TalkLeft stated:

It is not even remotely possible that this was the last act imo. As I said before, nothing that happened yesterday will change any GOP votes. And the Dem votes in the room were already secure. The actual debate left to be had involves Democrats only. And indeed, it always only involved Democrats.

From the Right Wing Nut House:

Did one side “win” the day yesterday?” I’d say from what I saw of the summit (the first 4 hrs – then I watched woman’s hockey which was far more interesting), the Republicans had a clear advantage. It’s always better to be on offense and the GOP speakers scored several hard blows to the Democrats while offering some modest reforms of their own. For their part, the Democrats weirdly tried to get everyone watching to break down weeping as they related story after story of Americans losing insurance, having inadequate insurance, or some insurance executive beating them up, eating their children, or sucking their blood vampire like from their necks. I’m sure the wonks who were watching the fiasco had to excuse themselves to dry their eyes and blow their noses. Or not. Such emotionalism plays well on campaign commercials but only made Democrats look unserious and mostly silly for their going for the heart tactics.

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As we continue to digest the information surrounding Joseph Stack’s suicide act by flying his plane into an Austin, Texas office building, one of the biggest questions is if this was an act of terrorism. For starters, let’s check to see how Webster’s dictionary defines terrorism:

The systematic use of terror especially as a means of coercion.

This is a fairly generic definition, leaving us with more questions than answers. Was Stack trying to coerce the IRS or the government? While he did leave a rambling letter behind, citing grievances against the government (and everyone else), I don’t think this definition is sufficient. So let’s turn to the Code of Federal Regulations and read how the country defines terrorism:

Terrorism includes the unlawful use of force and violence against persons or property to intimidate or coerce a government, the civilian population, or any segment thereof, in furtherance of political or social objectives.

Again we come across the word coerce, but we also see the word intimidate. It could be argued that Stack was intimidating IRS employees with a direct attack on one of their offices, making them concerned that another person with a complaint against the government might attack their place of work. If we recall the Air Force One fly-by over lower Manhattan last year, where it triggered panic by some New Yorkers by seeing a low flying jet pass along their shore, the fear of a repeat attack can last for years.

Our friends over at the Right Wing Nut House states:

But in this case, we have a terrorist without portfolio. His motivation, given the building housed a regional IRS office, seemed to have been revenge more than anything. His ranting about wanting to inspire people is just that – the mouthings of a madman who wanted to give his death a twisted kind of meaning. It’s not logical or rational. It is delusional.

As the author states earlier in the article, “Why can’t a nutcase just be a nutcase?” Could this simply be an over-glorified suicide stunt? We have examples of people attacking stores and schools in the hopes that law enforcement is forced to shoot and kill them.

Cato @ Liberty continues the conversation by saying:

Whether or not he meets the definition, it’s better to deny this man and those like him any credibility with the word “terrorist.” As my colleague Jim Harper said (twice) about the man who shot Dr. George Tiller, this is an unproductive debate that fulfills their desire to be something more than a pathetic murderer.

I would have to say that Stack’s action might be a terrorist act (based upon the term “intimidate” in the Code of Federal Regulations), but I do not believe he was a terrorist himself since he wasn’t dying for a cause. By mimicking the terrible attack of September 11th, he was hoping to give his death more meaning or maybe more validity. But in the end, this was an elaborate suicide attempt because he was unhappy with his life.

What do you think?

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As Congress debates a bill designed to help the nation create more jobs, I’m sitting here and wondering if our definition of “jobs” is out of date. What is a job today? A position held within an office with a desktop computer and phone? A position on an assembly line? Or how about a position out in the field somewhere doing the leg work for the company? Sure, those are all classical descriptions of jobs, but this is the 21st Century we’re talking about here.

What about those people who work from home building websites and generating advertising revenue? Or what about the person who buys and sells items off of sites like Craigslist or Ebay? How about the humble political commentator who runs a blog? If these individuals make enough money to pay for their homes, let alone their web and email hosting fees, should those be considered jobs as well? After all, there is a person who spent $26,500 on a virtual island in the online game “Entropia” who says he is now earning “more than $100,000 in real money per year.”

There were a lot of questions in there, but it has to make you think. Is Congress worried more about “corporate” jobs rather than those created at home? If that is the case, then I think we might be doing ourselves a great disservice in the long run. Home web-based businesses could be the future of our economy, especially as our business world continues to shrink as business barriers crumble.

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