Robert Gibbs Sends Me A Fundraising Letter. I Reply.

Sitting fresh in my email inbox just moments ago was the following letter from Robert Gibbs, using a Democrats.org email address and attempting to fundraise off Mitt Romney's admittedly cringe-worthy sucking up to the southern states this week, as he heads to what looks like across-the-board defeats to either Santorum or Gingrich in The Deep South™. This particular fundraising letter appears to...

Politics 101, Economics Edition

(warning: lengthy, Socratic-ish discourse ahead): Over at POLITICO, we learn that Wall Street intends to turn the full wrath of it's newly-increased, post-Citizens United and SuperPAC strength, against President Obama this year. Expect a veritable blizzard of deceptive, negative advertising. The usual suspects will, no doubt, tout this as proof positive that claims of Obama being friendly to Wall...

Obama Recess-Appoints Richard Cordray to Head CFPB, GOP (P)outraged

I've said it on Twitter already, I'll repeat it here: THANK YOU, PRESIDENT OBAMA, FOR RECESS-APPOINTING RICHARD CORDRAY TO HEAD THE CFPB: President Obama will appoint former Ohio Atty. Gen. Richard Cordray on Wednesday to be the first director of the new Consumer Financial Protection Agency, making a controversial decision to install Cordray while the Senate is in brief recess to avoid Republican...

Cliqueishness and Tribalism on Twitter

John Cole at Balloon Juice says everything there is to say about it (though, if you're not a Twitter denizen, his post requires some backstory). If you're not on Twitter...count yourself lucky. OK, not really. What I was going to say is: if you're not on Twitter, what's been happening for a while now is that a group of Twitter users who are interconnected both on and off Twitter have had the long...

Payroll Tax Holiday Aftermath

I just received, as I'm sure many of you did, an email from the White House crowing about the recent total victory over John "Dr. No" Boehner and the GOTea party house.I don't blame the President and his team at all for sending out these glad tidings. It WAS a shockingly complete rout of Boehner and his pro-1% flying monkeys. Congratulations all 'round. For real. Only...the email focused upon the...

House Republicans to Force Senate to Hold 'Pro Forma' Sessions to Prevent Recess Appointments

In a move which will surprise approximately no one who's been paying even the slightest bit of attention since 2006, when the Democrats re-took control of congress, the House GOP signaled yesterday that it would use a parliamentary procedure which prevents either house of congress from going into a recess longer than three days without the consent of the other house.How can House Republicans...

PolitiFact Points Out Unprecedented GOP Obstruction of Cordray Nomination

There's been a fair amount of forensics done lately on some of the "ratings" made by PolitiFact and other fact-checking agencies. Some of the criticism has been very accurate and illuminating, some of it is partisan nonsense designed to reduce the public value of facts to the level of opinions (after all, if opinions are as valid as facts, then the GOP is on much firmer debate ground).And indeed,...

Cordray Nomination Frozen But Not Dead – Will Obama Act?

Dave Dayen at FireDogLake says everything that needs to be said about the Cordray nomination as it currently stands: Describing the blockade of Richard Cordray to run the Consumer Financial Protection Bureau as a form of nullification sounds accurate to me. Cordray is almost an afterthought to this issue. Republicans disagree with the concept of a federal agency that looks out for consumers. So...

Jared Bernstein and Two Presidents

The two Presidents in question being Obama (of course) and Theodore Roosevelt. Over at his blog, the fantastic economist (and Joe Biden's former top economic adviser) Jared Bernstein has a post up called O goes YOYO. A little bit of explanation. "YOYO" is the term coined by Bernstein himself to describe economic policies and doctrine of post-'80s Republicans; the trickle-down, supply-side,...

CFPB Director Confirmation Battle Kabuki, Part 2

Here we go again: President Barack Obama is targeting Red State Republican senators opposed to Richard Cordray’s nomination to be director of the new Consumer Financial Protection Bureau — part of his larger strategy to portray the GOP as pawns of Wall Street. Great, right? I mean, I've written repeatedly, right here on this blog, about the quantum leap forward the CFPB represents, the need...