Karl Rove on Path To Jail After Refusing To Show Up For Subpoena
There’s a New Sheriff in Town and He’s Not Wearing a Cowboy Hat
You know you can whine all day about the idea that no matter what President Obama does in the next couple of years- we’re all in for some rough times- and you’d be right.
But there’s just no accounting for the feeling an American citizen gets after a day like today- miserable, pissed off and yet hopeful that at last, someone is Finally in charge.
The very first bill that President Barack Obama signed into law protects American workers on a day that unemployment benefits climbed to a record number of claims. Lilly Ledbetter worked alongside her male Goodyear plant supervisors for twenty years making less money because she was a female. She stood behind the President as he signed the legislation.
Mrs. Obama, who made her first public comments since becoming First Lady said: “She knew unfairness when she saw it, and was willing to do something about it because it was the right thing to do — plain and simple,”
The President explained that he wanted his daughters to be treated equally and valued for their talents in the workplace.
Later in the day he met with Vice President Biden amd Treasury Secretary Geithner and then addressed the press about the report that Wall Street bonuses are the same as 2004.
Barack Obama leaned forward in his gold and blue striped antique chair and ripped in to Wall Street:
“Shameless”
“There will be times for them to make profits and there will be time for them to get bonuses — now is not that time,” Obama said. “The American people understand that we’ve got a big hole that we’ve got to dig ourselves out of, but they don’t like the idea that people are digging a bigger hole even as they’re asked to fill it up.”
It’s nice to have a living, working brain back in the Oval Office.
JT
The Fake “Congressional Budget Office Report” Now Fully Assimilated Into Boner Village
Such a Boehner
Of course it doesn’t matter that the report simply didn’t say what George Stephanopoulos, David Brooks and the rest of the Villagers Said it did.
The figure they cited wasn’t just out of context and just plain old misleading- it was wrong.
In fact, as the initial AP report noted, the CBO analysis did not take into account all aspects of the recovery plan — while it found that “only $26 billion out of $274 billion in infrastructure spending would be delivered into the economy by the Sept. 30 end of the budget year,” it did not “cover tax cuts or efforts by Democrats to provide relief to cash-strapped state governments to help with their Medicaid bills,” among other provisions. Nonetheless, in echoing aspects of the AP’s original report about the CBO analysis, numerous media figures and outlets left out the fact, reported by the AP, that CBO analyzed only part of the bill.
As the Huffington Post’s Ryan Grim reported in a January 23 article: “[T]he nonpartisan CBO ran a small portion of an earlier version of the stimulus plan through a computer program that uses a standard formula to determine a score — how quickly money will be spent. The score only dealt with the part of the stimulus headed for the Appropriations Committee and left out the parts bound for the Ways and Means or Energy and Commerce Committee.” The article continued: “Because it dealt with just a part of the stimulus, it estimated the spending rate for only about $300 billion of the $825 billion plan. Significant changes have been made to the part of the bill the CBO looked at.”
And it looks like Good Ol’ Ed Henry has taken one for the team in his first Official Reacharound for The Village:
Media Matters:
On the January 23 edition of CNN’s Lou Dobbs Tonight, White House correspondent Ed Henry referred to a “study” from the Congressional Budget Office that Henry claimed “showed” that Obama’s economic stimulus package “may not really stimulate the economy.” Henry later asserted that the study “was suggesting that a lot of the spending proposals in the original plan would not really take effect for a couple of years, so it wouldn’t clearly help create jobs in the first two years of the president’s administration.”
David Brock and the writers and researchers at Media Matters For America have all the details
