Tag: 2012 Elections

Romney Campaign Continues to Melt Down

Cross posted from The Stars Hollow Gazette

The Romney/Ryan campaign continues to implode. A video has emerged from a private fund raiser in Boca Raton, Florida where GOP Presidential candidate Mitt Romney let his benefactors know how he really feels about half the country. At first the videos were dismissed as bogus, doctored works that appeared on a bogus You Tube account by someone claiming to be MSNBC host Rachel Maddow. But after the “owner” of the video contacted David Corn at Mother Jones the authenticity of the hour long diatribe against the 47% of voters was confirmed as very real. The Romney campaign is not denying the accuracy of the video. Here is the unedited full speech with transcript. Please read David Corn’s commentary about each segment,

Romney on Obama voters

Romney on treating Obama “gingerly”

Romney on his consultants

Romney on what wins an election

Romney on the economy

The home where this fund raiser was held is owned by private equity manager Marc Leder who likes sex parties. So much for those family values.

And this is where the 47% live:

Non-Payer States

h/t watertiger @ Dependable Renegade

After Mr. Romney comments chastising President Obama while our embassies were under attack and four of our foreign service personnel were killed, he and his vice presidential nominee Paul Ryan continue on the low road. The debates should be very interesting. The first debate is October 3.

“Rev’ Your Engines”

Cross posted from The Stars Hollow Gazette

Former Michigan Governor Jennifer Granholm gave an animated and rousing speech about jobs and the auto industry at the 2012 Democratic National Convention.

Now that’s energy.

The full transcript can be read here. H/T Real Clear Politics

“Corporations Are Not People”

Cross posted from The Stars Hollow Gazette

No, Governor Romney, corporations are not people. People have hearts, they have kids, they get jobs, they get sick, they cry, they dance. They live, they love, and they die. And that matters. That matters because we don’t run this country for corporations, we run it for people.

~Elizabeth Warren, Massachusetts Democratic candidate for the US Senate.

Full transcript of Ms. Warren’s speech can be read here. h/t Market Watch

Disclaimer: This is in no way an endorsement of any candidate. We at The Stars Hollow Gazette and Docudharma are neutral and encourage open discussion of all candidates and policies.

Exposing the Lies in the 2012 Democratic National Platform

Cross posted from The Stars Hollow Gazette

The Democratic National Convention formally convenes at 5 PM EDT in Charlotte, North Carolina. The 2012 Democratic National Platform was released to the press Monday afternoon. I haven’t read it in its entirety but  I was drawn to read the housing section because of these two tweets from FDL‘s David Dayen:

Stabilizing the Housing Market and Hard-Hit Communities.

For more than a decade, irresponsible lenders tricked buyers into signing subprime loans while too many homeowners got in over their heads by buying homes they couldn’t afford. But when the housing bubble burst, it hurt everyone, including responsible homeowners who played by the rules, but saw their home values decline and their neighbors’ houses sit vacant. The housing market’s dramatic collapse did more than punish millions of innocent Americans; it also triggered the economy’s downward spiral into recession. President Obama took swift action to stabilize a housing market in crisis, helping five million families restructure their loans to help them stay in their homes, making it easier for families to refinance their mortgages and save hundreds of dollars a month, and giving tax credits to first-time home buyers. He also cracked down on fraudulent mortgage lenders and other abuses that contributed to the housing crisis. Democrats have held the largest financial institutions accountable by requiring them to provide relief for homeowners still struggling to pay their mortgages and to change practices that took advantage of homeowners. Democrats also understand the importance of helping communities fightback against the foreclosures that threaten entire neighborhoods, which is why the President proposed to expand the successful neighborhood stabilization efforts in his American Jobs Act. Too many people still owe more on their homes than they are worth. That is why Democrats are fighting to give every responsible homeowner the chance to refinance their home, spurring investment in communities that have been hit hardest by foreclosure, and taking whatever steps we can to avoid more foreclosures. The President remains committed to creating an economy that’s built to last, where homeownership is an achievable dream for all Americans

Emphasis mine

David is right, this has to be the most outrageous lie since Paul Ryan took to the stage at the RNC Convention.

From the September 1 New York Times Editorial: Still No Justice for Mortgage Abuses:

The Office of Mortgage Settlement Oversight, the monitor of the settlement, released a preliminary report last week showing that 138,000 homeowners had received some form of relief from March 1 through June 30. That is roughly the number that would have been expected under various aid programs in effect before the settlement. Worse, with some three million borrowers now in or near foreclosure, according to Moody’s Analytics, it is nowhere near the level of relief needed to fix the housing market. [..]

Short sales are better than foreclosures, in part because they prevent vacancies that depress house values. But they are not punishment for wrongdoing in any meaningful sense; rather, they allow banks to get higher prices for underwater properties than they could have gotten in foreclosure sales.

Nor do they fulfill the settlement’s main purpose: to keep underwater borrowers in their homes by reducing the principal on their mortgage loans. According to the monitor’s report, $8.7 billion of debt has been written off in short sales versus only $750 million of principal reduction from loan modifications.

And the fraud continues, thanks to MERS. Don’t let the rosy housing price increases fool you:

(N)ew foreclosures continued to be filed – 256,000 people had a foreclosure added to their credit reports in the June quarter – but that figure was the lowest since mid-2007, the Fed said.

In stark contrast to this improving backdrop are the legal battles still being waged over wrongful foreclosure practices. The glacial progress in these cases is not surprising, given the crowded courts and combatants’ usual stalling tactics.

What is surprising is the fresh evidence these cases are turning up of cockeyed mortgage practices, during both the boom and the bust. As these matters are adjudicated, perhaps we will finally learn whether these practices were intended or accidental. [..]

A foreclosure from Ohio highlights this problem. The facts from this matter are central to a prospective class action filed by a borrower, who contends he was charged improper court costs and legal-related fees in his foreclosure.

The case involved legal moves taken against a bank in 2007 that did not even have an interest in either of the two mortgage liens associated with the foreclosed property. Even though the bank should never have been dragged into the matter, it was – generating $775 in court costs and legal fees paid by the borrower, documents show. Only two years later, during the discovery process, did it emerge that the bank had no ownership in the underlying property.

That $775 may not sound like much. But Paul Grobman, a lawyer in New York who represents the borrower, said he believed the collection of what he called improper legal charges is rampant in foreclosures.

Here is the entire platform:

Document the lies.

 

They’re Fired Up, They’re Ready To Go

Fear not, wanderers in this WTF Wilderness.  Be not dismayed, let not your hearts be troubled.  Lift up your eyes like you never have before, and behold the shiny objects flashing around the White House and the DNC.  Look upon them in wonder and sing hallelujah, for salvation is at hand.   Again.  

Fired up!    

Ready To Go!

I hope Obama and the clap louder crowd at Kos Communications will forgive me, but I’m not fired up.  I’m not ready to go.  The idiocy on full display every hour of every day on the campaign trail exposes how far gone this country’s political system is.  We don’t see any real political debate, we don’t hear any real political commentary, there’s no dialogue about the fundamental problems we’re facing, no real solutions are offered. It’s not a campaign.  It’s a beer commercial.  

Tastes Great!   Less Filling!

U.S. In Distress Corporate capitalism tastes great.  No, it’s less filling.  Gosh, I just can’t decide who’s right, it has so many appealing features.  It’s not perfect yet, but perfection is so close the Beltway binge-drinkers can almost taste it.    

Their friends at the five-hundred billion dollar Beltway Brewery are really cranking out the suds, the bipartisan beer trucks are rumbling down the highways of America, driven by austerity alcoholics with places to go and people to see.  

It’s Happy Hour, it’s always Happy Hour here at the Trickle Down Tavern, so drink up everyone, order another round, put another trillion dollars in the jukebox.  Yeah, I know, Too Big To Fail is the only song on it, but what the hell, get over it, quit pouting and grow up, be a patriotic patriot and praise the plutocrats, they created this paradise of prosperity and are disappointed because we haven’t been grateful enough, so grab a beer-soaked flag and wave it on high.

   

I Am You and You Are Me

It’s hard to say where it went wrong,

Decades before me and this song,

Through the banksters and the wars,

I just can’t take it anymore . . .

Every Banker Had a Good Time

As the leaders of the People’s Republic of Plutocracy, Inc. prepare for the corporate coronations of Romney and Obama in Tampa and Charlotte, they’re fervently hoping Occupy Wall Street won’t spoil all the fun by sending dangerous American citizens into the streets to tell the truth all over the place.  In Beltway offices, Homeland Security meetings, and conference calls with the militarized police departments of the One-Percent, the same questions are being asked about Occupy Wall Street. Who are those people?  Why are they going to the national conventions with protest signs and devious plans to say whatever they want about the government, right out loud, in broad daylight where other citizens might hear them?  What the hell do they think this is, a democracy?  

I’ve got a feeling it’s not going to matter how many riot police are in the streets, pepper-spraying everyone in the twilight’s last gleaming, Americans are going to hear what Occupy Wall Street has to say in Tampa and Charlotte about the “government” and the “job creators” and this trickle down train wreck they call an economy.

Oh yeah . . .

Oh please believe me, I’d hate to miss the train.  Oh yeah.

The chorus of our new national anthem is inspiring, isn’t it?  Feel free to sing along Fox viewers, low information voters, brainwashed birthers and cable pundits, pulpit pounders of the Westboro Baptist Church and Obamabots of the Great Orange Asteroid . . .  

Every worker had a hard year,

Every banker had a good time,

Every general had a wet dream,

Every fat cat saw the sun shine.

Oh yeah.

Occupy Wall Street Targets the National Conventions

There’s room at the top they are telling you still,

But first you must learn how to smile as you kill.

The more you smile as you kill, the higher you go. In American politics. In American banking. In American business.  All of those smiling killers have been smiling even more in 2012, because they think the Occupy Movement is dying.  Dying like democracy is, dying like equality is, as dying like justice is.

William Rivers Pitt . . .

We are told that the Occupy movement is over, finished, and irrelevant, but I strongly disagree. It is relevant because it happened: the passion required to bring needed change to this nation is out there, all around you, and the evidence of that was there for all to see last year. That passion, that desire, and those numbers are still there, multiplying and gathering strength for the struggles to come.

Occupy, like all the other great movements in American history, is passing through its infancy. The civil rights struggle was an afterthought in the 1950’s and early 1960’s, until the slow and steady groundswell of popular support delivered the Civil Rights Act and the end of legalized Jim Crow racism in America. The anti-war movement was barely a blip on the screen of popular consciousness for many, many years, until it exploded everywhere, ended a war, and took down a president.

Occupy’s infancy will end, and when it does, we will be participants in and witnesses to another moment in history, a moment when the righteous tide will wash in and sweep away the filth that pollutes us as a people and a country.

Egyptian Democracy Postponed

Cross posted from The Stars Hollow Gazette

Why is the New York Times surprised? I’m not.

Egypt Delays Declaring Winner of Presidential Election

by David Kirkpatrick

CAIRO – Egyptian election officials said Wednesday that they were postponing the announcement of a winner in last week’s presidential runoff, saying they needed more time to evaluate charges of electoral abuse that could affect who becomes the country’s next leader.

The commission had been expected to confirm a winner on Thursday and, based on a public vote count confirmed in official news media, to have named Mohamed Morsi, of the Muslim Brotherhood.

The surprise delay intensified a power struggle between the Muslim Brotherhood and Egypt’s military rulers. It came just days after the generals who took over upon the ouster of Hosni Mubarak reimposed martial law, shut down the Brotherhood-led Parliament, issued an interim charter slashing the new president’s power and took significant control over the writing of a new constitution.

Amid allegations of fraud from both sides, both candidates have declared themselves winners, although, the unofficial count show that Morsi is the clear victor by a million vote margin. The presidential commission, which has the final say, is investigating the allegations while rumors abound that they will invalidate enough of Morsi’s votes to make Safiq the winner. On of the allegations being investigated is that the Muslim Brotherhood gained access to a government printing office and pre-marked at least one million ballots for Morsi.

This is the view of the situation from the Muslim Brotherhood on the political and economic impacts for Egypt as reported by Evan Hill via Al Jazeera:

Jihad el-Haddad, an aide to Khairat el-Shater – the movement’s first choice for president and a man seen as its de facto leader – said the Brotherhood is “done negotiating”. [..]

The Brotherhood is now ready to push the military to the brink, he said.

Its leaders are well aware that the bungled transition has cost the country several billion dollars in lost investment and aid, much of it tied to having a democratically elected government, and even more in foreign reserves spent to keep the Egyptian pound afloat.

Further unrest would likely cause a currency devaluation, pushing up the prices of food and household goods and raising the spectre of a “hunger revolution,” Haddad said.

Meanwhile, alternative premises have been found where the parliament can meet on Tuesday for its regular session, he claimed, in defiance of the military council, which has ordered the armed guards surrounding the parliament building to deny entry to MPs. [..]

Both sides know the economic and human cost of a return to the mass protests and street clashes that have marked the past 16 months, and their ongoing negotiations indicate both are probably more malleable than they make themselves appear.

Washington has responded to this crisis with some concern:

Secretary of State Hillary Rodham Clinton said the US expects the military to “support the democratic transition, to recede by turning over authority”.

“The military has to assume an appropriate role, which is not to try to interfere with, dominate or subvert the constitutional authority,” she said.

Privately, US officials expressed concern that a Shafik victory could have dangerous fallout, with protests and ensuing instability that could lead the military to take even stronger measures.

The big problem is that the allies of the military, Mubarak-era officials and secular opponents of Islamists also hold sway in the judiciary, the prosecutor’s office and the election commission.

Even if the military turns over control to a civilian government by the end of June, it will still retain unprecedented powers and that is a huge problem.

Elections Egypt, France and Greece: Results

Cross posted from The Stars Hollow Gazette

The Greeks have decided to stay the course with the center right and have given a victory to the New Democracy Party headed by Antonis Samaras:

New Democracy narrowly beat Syriza, an alliance of radical leftists, winning 29.53% of the vote against 27.12% for the coalition led by Alexis Tsipras. Samaras called the result a victory for Europe.

“The Greek people today voted for the European course of Greece and that we remain in the euro,” Samaras declared in a victory speech. “This is an important moment for Greece and the rest of Europe,” he insisted, saying that Athens would honour the commitments it made in exchange for rescue loans from the EU and IMF. [..]

Across Greece’s divisive political spectrum there was speculation that Samaras would be able to form a viable coalition with the socialist Pasok and the small Democratic left – parties that have also agreed to accept the onerous terms of bailout funds even if they, too, want to renegotiate the package. [..]

Pro-bailout parties now constitute 50% of the electorate. But with the other half also vehemently opposed to the austerity policies dictated by foreign lenders, Greece’s rollercoaster ride is unlikely to end soon. It is now well into its fifth year of recession, with unemployment at a record 22% and worsening levels of poverty leaving thousands of Greeks destitute and homeless. Resistance to further austerity measures is only going to grow.

In France, exit polls indicate that Socialist Party of François Hollande has won a solid majority in both houses of the Parliament, eliminating the lead for a coalition government. The conservative National Front has won four seats. The party leader, Marine Le Pen lost her bid for a seat but her 22 year old niece, Marion Marechal-Le Pen is believed to have been elected in the southern region of Carpentras. Former presidential candidate and M. Hollande’s ex-partner, Ségolène Royal has lost her bid for a seat in the National Assembly.

The Socialists and other left-wing parties came out on top in last Sunday’s first round of the vote, winning 46 per cent to 34 per cent for (former president Nicholas) Sarkozy’s UMP party and its allies. [..]

The polls showed France’s Socialists winning between 287 and 330 seats in Sunday’s runoff vote – almost certainly enough to secure a majority in the 577-seat Assembly. [..]

The Greens, who are close allies of the Socialists and already in government, were expected to win up to 20 seats.

The vote was also a key test for Marine Le Pen’s anti-immigrant and anti-EU National Front (FN), which took 13.6 per cent in the first round; far above the four per cent it won in the last parliamentary election in 2007.

There are no results yet for Egypt. But there is news and it is not good for the Egyptian people no matter who wins. This is the report by Leila Fadel and Ernesto Londoño in the Washington Post:

CAIRO – Shortly after polls in Egypt’s landmark presidential vote closed Sunday night, Egypt’s military leaders issued a constitutional decree that gave the armed forces vast powers and appeared to give the presidency a subservient role.

The declaration, published in the official state gazette, establishes that the president will have no control over the military’s budget or leadership and will not be authorized to declare war without the consent of the Supreme Council of the Armed Forces.

The document said the military would soon appoint a body to draft a new constitution, which would be put to a public referendum within three months. Once a new charter is in place, an election will be held to chose a parliament that will replace the Islamist-dominated one dissolved Thursday by the country’s top court.

Currently, exit polls show Muslim Brotherhood candidate Mohamed Morsi, ahead of former prime minister Ahmed Shafiq in the presidential runoff vote.

Election 2012: Let the Games Begin

Cross posted from The Stars Hollow Gazette

Rick Santorum is out, bloodied and bruised by Mitt Romney’s onslaught of negative campaign ads. Mitt is the presumed heir apparent. The Obama campaign machine has already begun to focus their attacks on Romney. The problem for voters, there is little light between them on policy.

By his own admission, Barack Obama has embraced conservative ideas and policies, some that are straight out of the Heritage Foundation. In his article chastising the Obama DOJ for siding with corporately owned prisons on strip searches, Glenn Greenwald out the facts about Obama’s neo-con policies:

In a speech to the Associated Press today, President Obama boasted that his signature domestic policies were basically conservative (he labeled them “centrist”): his individual mandate, he said, was pioneered by conservatives and the Heritage Foundation; his cap-and-trade policy was first proposed by Bush 41; federal spending is lower now than it was during any year of the Reagan administration, etc. Even the successes most touted by his supporters – the Detroit bailout, TARP, the withdrawal from Iraq – were started by Bush 43. Obama’s foreign policy and civil liberties assaults also, of course, were largely shared by his predecessor and are frequently praised by the Right.

Dick Cheney has been especially pleased with Obama’s covering up war crimes and prosecuting more whistle blowers than any other president under the Espionage Act, letting the criminals walk free.

Up with Chris: With the election in sight, Obama directs attacks at Romney

The Up w/ Chris Hayes panel of Newsweek/Daily Beast contributor Michelle Goldberg, The Nation.com editor Richard Kim, playwright and author Esther Armah, and MSNBC Political Analyst Jonathan Alter, weigh in on how they expect the president to frame his campaign message against Romney.

The next seven months are going to be nauseatingly boring. The four years after that are going to be even worse no matter which of the two candidates for president is elected.  

Democrats Are Trying To Scare Women?

Cross posted from The Stars Hollow Gazette

At least, that’s the party line according Republican Rep. Cathy McMorris Rodgers (WA) who appeared along with Democratic Lt. Gov. Sheila Simon (IL) on “Hardball with Chis Matthews.”  That was her rote answer to Matthews questions about the recent legislation that has been passed through Republican state legislatures, radically restricting a woman’s legal right to seek an abortion and health care. I’m no fan of Chris Matthews but no matter how hard he tried to get her to answer his question, she evaded him repeatedly saying that it wasn’t the main issue for women. There was feint praise in Matthew’s words at the end when he thanked her from coming on his show and said she was “brilliant”. She sure was, at evading the issue.

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