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#818889 Dec 9, 2012
The Conservative Bubble Influences More than Just Politics
POLITICO's Jonathan Martin gets some good quotes from Ben Domenech, Ross Douthat, Bruce Haynes, and Tray Grayson on the conservative media's isolation from reality.
I have called this problem "the alternative knowledge system," but you don't need to use that clunky name to see the thing.
But here's the next challenge:
The problem with Fox and the rest is not only - or even primarily - that they duped conservatives about Mitt Romney's likely margin in the Electoral College.
The problem is the steady stream of misinformation they feed about basic matters of government: such as that the United States spends $1 trillion a year on "welfare"; or that taxes went up in President Obama's first term ; or that the economy did not grow over the past two years. All false, all frequently reported; all widely believed.
It will be a great first step when conservatives insist upon accurate political information. But the job cannot be considered finished until conservatives reject media that feed them false information about public policy as well.
if only we all watched FOX.
but we don't.
#818890 Dec 9, 2012
Until Obama gets to raise everyone's taxes and businesses start hunkering down and wall street has the first inkling of which direction it's going, all of this speculation is pointless.
Let's wait and see if Obama's plan works. Even though it's not any different than the last time and 65% of the nation still believes we're on the same wrong track as before.
Should be interesting anyway, huh? The nation experiencing collective regret.
I hope I'm wrong. But, if not, can't wait to say "told ya".
#818891 Dec 9, 2012
Sorry sonic, guess I'll come back later. Have fun copying and pasting the liberal propaganda.
#818892 Dec 9, 2012
US Corps of Engineers__US Coast Guard__US Department of the Interior are all present year around and around the clock in the Louisiana Delta Carol as are several other US agencies. That the POTUS would need the Mayor of New Orleans or the Governor of Louisiana's permission to respond to a disaster is beyond stupid and pathetic.
Get a clue babe!
#818893 Dec 9, 2012
A long-simmering generational battle in the conservative movement is boiling over after last week’s shellacking, with younger operatives and ideologues going public with calls that Republicans break free from a political-media cocoon that has become intellectually suffocating and self-defeating.
GOP officials have chalked up their electoral thumping to everything from the country’s changing demographics to an ill-timed hurricane and failed voter turn-out system, but a cadre of Republicans under 50 believes the party’s problem is even more fundamental.
The party is suffering from Pauline Kaelism.
Kael was The New Yorker movie critic who famously said in the wake of Richard M. Nixon’s 49-state landslide in 1972 that she knew only one person who voted for Nixon.
Now, many young Republicans worry, they are the ones in the hermetically sealed bubble — except it’s not confined to geography but rather a self-selected media universe in which only their own views are reinforced and an alternate reality is reflected.
Hence the initial denial and subsequent shock on the right that the country would not only reelect President Barack Obama — but do so with 332 electoral votes.
“What Republicans did so successfully, starting with critiquing the media and then creating our own outlets, became a bubble onto itself,” said Ross Douthat, the 32-year-old New York Times columnist.
“The right is suffering from an era of on-demand reality,” is how 30-year-old old think tanker and writer Ben Domenech put it.
Citing Kael, one of the most prominent Republicans in the George W. Bush era complained:“We have become what the left was in the ’70s — insular.”
In this reassuring conservative pocket universe, Rasmussen polls are gospel, the Benghazi controversy is worse than Watergate,“Fair and Balanced” isn’t just marketing and Dick Morris is a political seer.
Even this past weekend, days after a convincing Obama win, it wasn’t hard to find fringes of the right who are convinced he did so only because of mass voter fraud and mysteriously missing military ballots. Like a political version of “Thelma and Louise,” some far-right conservatives are in such denial that they’d just as soon keep on driving off the cliff than face up to a reality they’d rather not confront.
Read more: http://www.politico.com/news/stories/1112/837...
#818894 Dec 9, 2012
better than taking a shot at it eh?
run little rabbit run.
#818895 Dec 9, 2012
...add to this Mitt's 47% movie and Gov. Christie and you have a victory for President Obama.
#818897 Dec 9, 2012
same as before the election.
you ever going to step out of the bubble?
#818898 Dec 9, 2012
Just seemed pointless - just the two of us, I mean.
But I did want to say one more thing - unless things pick back up again before I post this.
Let's all not forget about others this holiday even if we do like to banter about politics on here - as well as throughout the new year.
It's sometimes easy to forget that there are people who are much worse off than we can imagine.
Let's all promise to do something good for those less fortunate than ourselves before the holidays.
The two or three of us on here right now anyway. Hopefully, more of us who might read this later.
#818899 Dec 9, 2012
For the third week in a row, 41% of Likely U.S. Voters say the country is heading in the right direction, according to a new Rasmussen Reports national telephone survey taken the week ending Sunday, December 2.
That's unchanged from the previous two weeks and remains the highest level of optimism during the Obama presidency. The latest finding is up 17 points from the beginning of the year and up 24 points from a year ago.
a shrinking 52% see it the other way. a bit short of 65%.
#818900 Dec 9, 2012
Time For The GOP To Learn From Romney's Mistakes
Read more: http://www.businessinsider.com/gop-unclear-on...
#818901 Dec 9, 2012
It had to do with the National Guard being armed because of the violence and looting that was going on.
Do a little research. And not liberal propaganda. You'll see I'm right.
#818902 Dec 9, 2012
For every seller there must be a buyer Carol__I don't expect you to comprehend that but it's "how things are."
Note that the stock market is hovering steady at right around 13K?
That means that for investors__there is certainty that the elected are working on the problem and will either solve it, extend it or let it go off the cliff. Investors love certainty.
Early dividend payments equal earlier tax collections__maybe a good thing.
#818903 Dec 9, 2012
The dangers of accepting the temptation of federal money and creative financing:
School District Owes $1 Billion On $100 Million Loan
by Richard Gonzales, NPR
December 7, 2012
More than 200 school districts across California are taking a second look at the high price of the debt they've taken on using risky financial arrangements. Collectively, the districts have borrowed billions in loans that defer payments for years — leaving many districts owing far more than they borrowed.
In 2010, officials at the West Contra Costa School District, just east of San Francisco, were in a bind. The district needed $2.5 million to help secure a federally subsidized $25 million loan to build a badly needed elementary school.
Charles Ramsey, president of the school board, says he needed that $2.5 million upfront, but the district didn't have it.
Why would you leave $25 million on the table? You would never leave $25 million on the table.
- Charles Ramsey, school board president, West Contra Costa School District
"We'd be foolish not to take advantage of getting $25 million" when the district had to spend just $2.5 million to get it, Ramsey says. "The only way we could do it was with a [capital appreciation bond]."
Those bonds, known as CABs, are unlike typical bonds, where a school district is required to make immediate and regular payments. Instead, CABs allow districts to defer payments well into the future — by which time lots of interest has accrued.
In the West Contra Costa Schools' case, that $2.5 million bond will cost the district a whopping $34 million to repay.
'The School District Equivalent Of A Payday Loan'
Ramsey says it was a good deal, because his district is getting a brand-new $25 million school. "You'd take that any day," he says. "Why would you leave $25 million on the table? You would never leave $25 million on the table."
But that doesn't make the arrangement a good deal, says California State Treasurer Bill Lockyer. "It's the school district equivalent of a payday loan or a balloon payment that you might obligate yourself for," Lockyer says. "So you don't pay for, maybe, 20 years — and suddenly you have a spike in interest rates that's extraordinary."
It's so irresponsible, that if I were on a school board — which I was, 40 years ago — I would get rid of that superintendent.
- Bill Lockyer, California state treasurer
Lockyer is poring through a database collected by the Los Angeles Times of school districts that have recently used capital appreciation bonds. In total, districts have borrowed about $3 billion to finance new school construction, maintenance and educational materials. But the actual payback on those loans will exceed $16 billion.
Some of the bonds can be refinanced, but most cannot, Lockyer says.
Perhaps the best example of the CAB issue is suburban San Diego's Poway Unified School District, which borrowed a little more than $100 million. But "debt service will be almost $1 billion," Lockyer says. "So, over nine times amount of the borrowing. There are worse ones, but that's pretty bad."
A Statewide Problem
The superintendent of the Poway School District, John Collins, wasn't available for comment. But he recently defended his district's use of capital appreciation bonds in an interview with San Diego's KPBS Investigative Newsource.
"Poway has done nothing different than every other district in the state of California," Collins told the program.
And he's right. In some cases, districts are on the hook to pay back anywhere between 10 and even 20 times the amount they borrowed.
But Lockyer says it distresses him to hear school officials defend these bonds.
"It's so irresponsible, that if I were on a school board — which I was, 40 years ago — I would get rid of that superintendent," Lockyer says.
Since: Feb 08
#818904 Dec 9, 2012
No pot shots, just facts. Facts something you know nothing about, you are BS. To date know one has given an intelligent answer as to why any American should pay a higher Federal Income tax rate than some one else. That's like saying pro0perty taxes should be leveled based on one's income, or sales taxes should be higher on those who earn more.
Do you ever think before you post.
#818905 Dec 9, 2012
The post-election bump will disappear quickly when the economy crashes.
Since: Feb 08
#818906 Dec 9, 2012
Darn it. Leave. You are proving that "nutsucker" is a liar with every post he makes. He keeps claiming he ran you off, that you are afraid of his intellect, and yet, here you are again. Keep ot up, O am lovin it.
#818907 Dec 9, 2012
Still lower than 2007.
#818908 Dec 9, 2012
For this year, but less next year.
Plus, some companies may defer 2014 dividends until 2015, hoping Obama sees his folly by then.
Leftists always assume that tax policy will not affect human behavior, a huge mistake.
#818909 Dec 9, 2012
Stein just hit the Repubs in the face with facts. There has NEVER been any proof lower taxes create jobs. The Repubs call us blind fools. They use talking points a 7th grade history class could prove wrong within minutes.
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