Eastwooding...

No Bump From Rmoney's Convention Speech

How bad was Mitt Romney’s acceptance speech? According to Intrade, the odds of Obama being reelected have increased from 55.7% before the speech to 56.8% after.

Bloomberg reported that, “The odds that President Barack Obama will be re-elected on Nov. 6 rose to 56.8 percent after the Republicans concluded their nominating convention, according to online prediction market Intrade. Obama’s odds, at 10:21 a.m. New York time, compared with a 43.3 percent chance for a victory by Republican nominee Mitt Romney, according to bets made at the Dublin-based bookmaker. Obama’s chances increased from 55.7 percent yesterday, while Romney’s dropped slightly from 43.4 percent.”

Anyone looking for a big bounce in support for Mitt Romney after that speech probably shouldn’t be holding their breath. The speech was an underwhelming disjointed mess with no theme, no vision, and at times seemingly no idea where it was going.

Mitt Romney’s speech was essentially a longer more drawn out version of his stump speech. If you have heard Romney speak in the last five years, then you’ve heard this speech before.

Mitt Rmoney Calls America A 'Company'

More proof we don't need a CEO/businessman running this COUNTRY. Mitt was speaking at an event in Florida this morning, saying his administration will reach out to people who “want to make sure this company deals with its challenges”, and also said this.....

"Paul Ryan and I understand how the economy works, we understand how Washington works, we will reach across the aisle and find good people who like us, want to make sure this company deals with its challenges. We’ll get America on track again." 

So now we're a COMPANY? Sorry Mitt, you seem to be confused about something. See, the goal of a company is to make money, whereas the goal of a government is to provide services that are not achievable in the private sector.

His belief that the government is similar to a company explains his dedication to cutting programs that he perceives are “inefficient” because they cost money, even if they effectively help American citizens.

http://www.youtube.com/watch?v=5H3Ic4elo9I&feature=player_embedded

"After all, 'you people' gotta pay for my increased tax cuts!"

This seat's already taken!

Rmoney going for one last Rebub Presidency

http://nymag.com/daily/intel/2012/08/2012-or-never-for-gops-white-base.html

Rmoney's Lying Machine

I've been struck by the baldness of Romney's repetitive lies about Obama -- that Obama ended the work requirement under welfare, for example, or that Obama's Affordable Care Act cuts $716 billion from Medicare benefits.

The mainstream media along with a half-dozen independent fact-checking organizations and sites have called Romney on these whoppers, but to no avail. He keeps making these assertions.

Every campaign is guilty of exaggerations, embellishments, distortions, and half-truths. But this is another thing altogether. I've been directly involved in seven presidential campaigns, and I don't recall a presidential candidate lying with such audacity, over and over again. Why does he do it, and how can he get away with it?

The obvious answer is such lies are effective.

More HERE.

Teaching People to Hate Their Own Govt. Is at the Core of the Project to Destroy the Middle Class

Read it HERE.

Charlie Crist Endorses Obama

Former Florida Gov. Charlie Crist endorsed President Obama for reelection on Sunday, writing in a Tampa Bay Times op-ed that the president is "the right leader for our state and the nation."

"I applaud and share his vision of a future built by a strong and confident middle class in an economy that gives us the opportunity to reap prosperity through hard work and personal responsibility," Crist writes. "It is a vision of the future proven right by our history."

Crist, a former Republican who served as governor from 2007 to 2011, switched his party affiliation to Independent during a failed U.S. Senate bid. Crist lost the 2010 race to Sen. Marco Rubio.

More HERE.

Dissecting The Deficit

My colleagues Kathy Ruffing and Jim Horney have shown that the economic downturn, President Bush’s tax cuts, and the legacy of the wars in Iraq and Afghanistan explain virtually the entire federal budget deficit projected for the rest of this decade (that is, through 2019).  That is, there would be practically no deficits over that period if the tax cuts, the wars, and the downturn had not occurred and other policies remained the same.  This widely circulated CBPP chart makes their point vividly.

Last week columnist Robert Samuelson looked at a related — but different — question, one that looks backward in time rather than forward:  why did the federal government amass large deficits between 2002 and 2011, rather than the large surpluses that the Congressional Budget Office (CBO) projected in early 2001?

Over the 2002-2011 period, the negative budgetary impact of so-called “economic and technical” changes — most notably, the 2001 and 2007-2009 downturns — dwarfed that of any single legislative change that policymakers enacted.  Samuelson cites an analysis of CBO data that accordingly ascribes about a quarter of the deterioration in the budget over that period to President Bush’s 2001 and 2003 tax cuts and the Iraq and Afghanistan wars.

The 2002-2011 period is now history.  For the years ahead, CBPP found that the tax cuts (if policymakers extend them in full) and the wars, plus the lingering effects of the recent downturn, essentially account for the entire deficit between now and 2019.  Indeed, the tax cuts and the wars alone account for nearly half of the public debt by 2019.

More HERE.

Conspiracy Aszwhole

During a recent show in Singapore during Megadeth's "Th1rt3en World Tour," Mustaine took to the mic from the stage to discuss his beliefs about some of the recent gun violence in America.

"Back in my country, my president," Mustaine begins and then pretends to gag himself with his finger, "is trying to pass a gun ban so he's staging all of these murders. The 'Fast and Furious' thing down at the border. And Aurora, Colorado, all the people that were killed there. And now, the beautiful people at the Sikh temple."

Mustaine went on to say, "I don't know where I'm going to live if America keeps going the way it's going because it looks like it's turning into Nazi America."

http://www.huffingtonpost.com/2012/08/15/dave-mustaine-megadeth-si_n_1784525.html

The Admiral Sez....

Rebub Paul Ryan Wins!!!!

Veep Candidate Paul Ryan wins today's "The Evil Gummit Stimulus Doesn't Create Jobs Except When It Does™ Award"!

Seen on facebook...

On the Keith Olbermann Fan Page:

I am starting to think that the Romney camp was not going to pick Paul Ryan but did so impulsively at the last minute. Their choice of him as V.P. shows a lack of thought as to how they could possibly reconcile the Ryan budget with the conservative population who receive Medicare or who have worked long hard years contributing to the pot only to be told that America is breaking their contract wit

h them for the greater good(?) of the U.S. economy. I think they were going to play it safe with someone else but saw their campaign floundering and went for broke....... a la Paul Ryan. They thought he would give them that Palin boost but alas even the Tea Party sees right through him. He's going to take their hard-earned money away and give it to the (ahem) job creators. They hate to admit it but they really don't believe that rich people are job creators. It would be like believing in fairies. And we know how the conservatives feel about fairies.