Elizabeth Warren Ad

She’s getting early buzz for president in 2016 by the progressive community.
This is someone who would fight for the majority, as she’s already been doing.

Warren gets some credit for occupy wall street, though I’m not entirely sure where that connection comes from.
This video does make use of some warren quotes.

Buddy Roemer calls out Bloomberg

Again I have to highlight an occasion where a republican makes sense. Again its Buddy.

“The Mayor of New York City is standing on the wrong side of history. His actions in the midnight hours against the Occupy Wall Street protestors are unjust, uncalled for, and unconstitutional. The First Amendment right of assembly and speech exists to protect America from this kind of government power abuse.”

more: http://thinkprogress.org/special/2011/11/15/369037/gop-presidential-candidate-buddy-roemer-slams-bloombergs-cowardice-in-ows-raid/

Debunking the republican myth about regulations

Republicans have been beating the “too much regulation” drum since they were elected in 2010 (can’t whine about the deficit as much when you control the purse strings).

Is there any validity to it?
Here’s a fact, from bloomberg.

“Obama’s White House has approved fewer regulations than his predecessor George W. Bush at this same point in their tenures, and the estimated costs of those rules haven’t reached the annual peak set in fiscal 1992 under Bush’s father, according to government data reviewed by Bloomberg News.”

And, further down:

“U.S. Labor Department statistics show the impact of regulations on layoffs has been small.
Of the 7,247 mass layoffs last year — those involving at least 50 workers — 18 were the result of government regulation, according to department data. Of the 3,114 mass layoffs in the first half of this year, 11 were related to government regulation. By comparison, 1,053 mass layoffs were attributed to business demand.”

The GOP lie-repeating machine

I’ve never challenged this long running lie much, because I didn’t bother to learn the causes of the financial crisis.

The GOP/Fox/Koch brothers has convinced their moronic followers that Fannie and Freddie, and Barney Frank, Chris Dodd are to blame for the crisis. That, or a 30-year old law and some poor people that got taken advantage of.

Its a problem when the subject isn’t obvious enough that conservatives end up believing Fox “news” lies.

Think progress

“Fannie and Freddie, which didn’t make subprime loans but did buy subprime loans made by others, were part of the problem. Poor Congressional oversight was part of the problem. Banks that sought to meet CRA requirements by indiscriminately doling out loans to minorities may have been part of the problem. But none of these issues is the cause of the problem. Not by a long shot. From the beginning, subprime has been a symptom, not a cause. And the notion that the Community Reinvestment Act is somehow responsible for poor lending decisions is absurd.”

Dan Gross

Economists rightly claim GOP candidates would fail beginning economics

“There are so many economic ‘misstatements’ being made,” said Jonathan Lanning, a professor at Bryn Mawr who is teaching two introductory economics classes this semester. “And it isn’t confined to any one candidate.”

Salemi called Ron Paul’s rationale for returning to the gold standard “one of the most dangerous ideas put forward by a politician in recent years.”

More at CNN.