Tag - Republican Party

Today’ coffee spew moment: Ted Cruz may run for President in 2016

I really hope that you had the good sense to swallow your coffee before reading this…and no, you read it correctly: Ted Cruz really is floating a trial balloon. He’s not denying that he’s considering the possibility of running for President in 2016. The fact that Cruz is the most hated wackjob on Capitol Hill is probably enough to torpedo his Presidential prospects. There is one tiny little detail that Cruz seems willing to gloss over:



(read the full post at What Would Jack Do?)

Sequestration Sorrows for Extremist Republicans

May you have incompetent, offensive enemies. 


President Obama and the congressional Democrats have the luck of the Irish, truly.  They’ve already won the Battle of the Fiscal Cliff due to the good judgment of the people.  That judgement takes facts into consideration.  The sequestration process is a blunt instrument wielded by a Frankenstein process that accounts for nothing sensible in terms of solving the main concern of the public; the seriously flawed, destructive economic cycle that is dragging us to a place nobody sensible wants to go. The PEW survey to the left shows that a majority think the economy in general (60%) and the military in particular (55%)  will suffer due to this pathetic process of histrionic policy making.

That puts the wisdom of the people in line with the judgement of over 95% of leading economists surveyed recently who say that “growth is likely to be negatively affected by the automatic federal spending cuts that are scheduled to kick in Friday.”  It makes sense.  The economy is weak, unemployment, all those out of work seeking work, is around 22%, and many citizens are one paycheck away from their own fiscal cliff.

Here are some highly revealing polls and  headlines from around the country late Wednesday, early today.

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The Deal: Various Responses

Zaid Jilani:

Because the payroll tax cut is expiring and the Make Work Pay tax cut is not coming back, most working Americans will also see a tax increase. The most galling thing is that 98 percent of Americans will actually see a larger tax increase than some of the richest Americans. Working with our friends at the Center for Economic and Policy Research, we compiled the following chart to demonstrate this:

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The October Surprise: Majority of Outside Spending Likely to Come in Final Month

by Robert Maguire

(Originally posted by OpenSecrets Blog, republished under a Creative Commons license)

With less than a month to go until the election, outside spending continues to be the campaign money story of 2012.
Pretty much any way you slice it, it’s way up in the 2012 cycle. The total spent by non-party outside groups has far eclipsed spending at comparable points in previous cycles, and if this cycle is like those earlier ones, the majority of total 2012 non-party outside spending is likely to come in the final weeks leading up to Election Day.  Read More