These are my links for August 12th through August 14th:
- Newt Gingrich Tells Piers Morgan ‘You Guys Almost Sound Like You’re An Extension of the Obama Campaign’– Piers Morgan on Monday picked the wrong guy to toss Democrat talking points at.After the CNN anchor spoke the typical liberal nonsense about Paul Ryan’s budget only benefiting rich people, former House Speaker Newt Gingrich scolded, “I do wonder sometimes if you guys all get off in a little club and learn a brand new mantra and then all repeat it mindlessly…You guys almost sound like you’re an extension of the Obama campaign”
- BUSTED: CNN’s Soledad O’Brien Caught Using Liberal Blog To Attack Ryan Plan– In yet another classic display of the liberal media, CNN anchor Soledad O’Brien has been caught red-handed using left-wing blog Talking Points Memo to counter Virginia House of Delegates member Barbara Comstock on the House GOP budget.As Ali A. Ackbar of Viral Read discovered:Tonight, she was the substitute host for Anderson Cooper, a program that boasts of its reputation for “keeping [politicians] honest.” During her interview with Virginia House of Delegates Republican member Barbara Comstock, O’Brien became visibly flustered and was actually caught doing finger stress exercises as she attempt to insert editorial commentary while her guest, a former skilled Republican operative, defended the House GOP budget, designed by Budget Chairman Paul Ryan.Accidentally, a cameraman captured O’Brien furiously flipping through notes, only to cut out seconds later. What was she viewing?
Footage proves it was a printed email, talking points and opposition research.
- Day By Day August 14, 2012 – Vegetables – Flap’s Blog – Day By Day August 14, 2012 – Vegetables #tcot
- The Forgotten History of Ryan’s Medicare Reform– There was a small but instructive moment in 2010, the summer after the passage of the Affordable Care Act, that shows why Paul Ryan is so unusual for Washington.A panel at the American Enterprise Institute featured Richard Foster, the Medicare actuary who estimates that ObamaCare’s $716 billion in Medicare cuts will cause one of six hospitals to become unprofitable. In the audience was Chip Kahn, the president of a for-profit hospital trade group that lobbied for ObamaCare, who stood up to defend the bargain his industry cut in return for 30 million new subsidized customers.Mr. Foster noted that the cuts, which come via a technical change to Medicare payment rates, apply in perpetuity. But the hospitals only get the extra patients once, so the wedge between costs and benefits for hospitals widens over time.”Well,” Mr. Kahn replied, “you can say, ‘Did you make a bad deal?’ Fortunately I don’t think I’ll probably be working after 2020.” When Mr. Foster pressed him, he joked again, “I’m glad my contract only goes another six years.”
This kind of short-range thinking—and intellectual exhaustion—dominates both parties and their many clients in Washington, in health care especially.Mr. Ryan’s political character has always been different. He saw before anyone else that one era of government was inexorably ending, and that if we want things to stay as they are, things will have to change.
- McCain Says Reid’s Claim on Romney’s taxes is Wrong– Sen. John McCain told Jon Ralston that Senate Majority Leader Harry Reid is wrong about his assertion that Mitt Romney did not pay taxes for 10 years, saying his team that vetted the presumptive GOP nominee in 2008 found no such thing.Said McCain: “Nothing in his tax returns showed that he did not pay taxes.”
- Paul Ryan veep selection draws Romney closer to House GOP– Mitt Romney’s selection of Rep. Paul Ryan as his running mate draws his presidential campaign closer to Congress and the House Republican leadership, an association that could carry more risk than reward in the short term.As a former executive and governor who had never served in Washington, Romney had run an outsider campaign and kept a healthy distance from a historically unpopular Congress. The presumptive GOP nominee did not support the 2011 debt ceiling deal negotiated by his party’s congressional leadership (and which Ryan backed), and he did not immediately endorse the Ryan-authored budget plan that the House has passed two years in a row.
- Marco Rubio, Chris Christie get key speaking roles at RNC– In a showcase role on his party’s biggest stage, Florida Sen. Marco Rubio will introduce Mitt Romney for his speech to accept the nomination for president on the last night of the Republican National Convention.It is an introduction aimed at giving Romney a boost from a rising star in a must-win state, but it will almost certainly further enhance Rubio’s standing, too.New Jersey Gov. Chris Christie, a favorite among fiscal conservatives in the party, will give the keynote address, the convention announced early Tuesday.”We have an opportunity in Tampa to make clear that if we tell each other the hard truths, tackle the big problems, and make bold choices, we will see America’s comeback,” Christie, a former federal prosecutor known for his take-no-prisoners speaking
- Flap’s California Blog @ Flap Twitter Updates for 2012-08-14 – Flap’s California Blog – Flap’s California Blog @ Flap Twitter Updates for 2012-08-14
- @Flap Twitter Updates for 2012-08-14 – Flap’s Blog – FullosseousFlap’s Dental Blog – @Flap Twitter Updates for 2012-08-14 #tcot
- Caught: Soledad O’Brien Uses Liberal Blog to Attack Ryan Plan | Viral Read – @Soledad_OBrien should be asked to resign. What an insufferable biased hack…how about it CNN? #tcot #catcot
- Anthony Weiner and Huma Abedin raise questions by moving into expensive $3.3 million Manhattan apartment– Anthony Weiner’s wife not only took him back, she took him back in style — moving with the shamed pol into a luxurious, $3.3 million Manhattan pad owned by a deep-pocketed Democratic donor, The Post has learned.After quitting his Queens House seat amid a notorious sexting scandal, Weiner and beautiful, brainy spouse Huma Abedin, a top aide to Secretary of State Hillary Rodham Clinton, landed in the sprawling, 12th-floor Park Avenue trophy residence owned by Rosen Partners LLC, which is headed by close Clinton pal Jack Rosen, records show.Rosen — who oversees the American Jewish Congress — is an influential international political force. He’s been a guest at the White House, flies the Clintons in his private plane, and has poured money into both Bill and Hillary Clinton’s election campaigns over the years, according to campaign-finance records.
- Treasury: U.S. to lose $25 billion on auto bailout– The Treasury Department says in a new report the government expects to lose more than $25 billion on the $85 billion auto bailout. That’s 15 percent higher than its previous forecast.In a monthly report sent to Congress on Friday, the Obama administration boosted its forecast of expected losses by more than $3.3 billion to almost $25.1 billion, up from $21.7 billion in the last quarterly update.The report may still underestimate the losses. The report covers predicted losses through May 31, when GM’s stock price was $22.20 a share.On Monday, GM stock fell $0.07, or 0.3 percent, to $20.47. At that price, the government would lose another $850 million on its GM bailout.
The government still holds 500 million shares of GM stock and needs to sell them for about $53 each to recover its entire $49.5 billion bailout. At the current price, the Treasury would lose more than $16 billion on its GM bailout.
The steep decline in GM’s stock price has indefinitely delayed the Treasury’s sale of its remaining 26 percent stake in GM. No sale will take place before the November election.
- Hey Paul Ryan haters, your congressional insider trader suspect actually is Sheldon Whitehouse– Paul Ryan falsely was accused today by left-wing bloggers, most notably Matthew Yglesias (formerly of Think Progress now of Slate), of insider trading based on confidential information provided by the Treasury Secretary to Congress on September 18, 2008.That day, Ryan traded Citigroup stock.The accusation fell apart when someone noticed that the congressional meeting was in the evening of September 18, after the markets closed and Ryan already had completed his trades. Yglesias issued a retraction, and even New York Magazine defended Ryan on the charge of insider trading (which at the time would have been legal for members of Congress).If Yglesias and the rest of the left-blogosphere want to chase someone for insider trading based solely on the timing of trades around the September 18 congressional briefing, then they need look no further than their hero Sheldon Whitehouse (D-RI), as I detailed on November 19, 2011, Sheldon Whitehouse, luckiest investor in America?
- Obama Trying to Rekindle Hope and Change in Iowa? – Flap’s Blog – Obama Trying to Rekindle Hope and Change in Iowa? #tcot
- California 2012 Propositions: Democrats Vs. Republicans – Part 1 – California 2012 Propositions: Democrats Vs. Republicans – Part 1
- Video: Paul Ryan Heckled at Iowa State Fair – Flap’s Blog – Video: Paul Ryan Heckled at Iowa State Fair #tcot
- Poll Watch: Positive views of Ryan jump higher after pick– Little known nationally before Saturday’s announcement, favorable impressions of Ryan jumped 15 percentage points among the overall electorate with positive views soaring from 49 to 70 percent among conservative Republicans.In Wednesday through Friday interviews, fully 45 percent of Americans expressed no opinion of Ryan, dropping to 30 percent on Saturday and Sunday. The increasing familiarity all went to the positive side of the ledger, giving Ryan an initial advantage in the sprint to define his candidacy.Overall, in interviews after his selection, 38 percent of all Americans express favorable views of Ryan, 33 percent negative ones. (Before the the announcement, Ryan was somewhat underwater, scoring 23 percent favorable, 32 unfavorable.) The most recent national numbers on Vice President Joe Biden are from a July Pew Research Center poll showing a split decision, 40 percent favorable, 37 percent unfavorable.One of the largest movements on Ryan’s favorability numbers was the 21-point jump among conservative Republicans, but the initial movement was positive among independents as well, doubling from 19 to 39 percent.
- Romney Attacks Obama Again Over Work for Welfare – Flap’s Blog – FullosseousFlap’s Dental Blog – Romney Attacks Obama Again Over Work for Welfare
- Retirees Shower Paul Ryan With Contributions– Democrats say presumptive GOP vice presidential nominee Rep. Paul Ryan is a senior citizen’s worst nightmare, but retirees seem to have no problem writing him checks.One of the most prolific fundraisers in Congress, Ryan has drawn nearly $400,000 from retirees this election cycle, dramatically outperforming most House lawmakers, according to data collected by the Center for Responsive Politics.The seven-term Wisconsin Congressman and House Budget chairman has come under fire for the controversial budget proposal he released last year that called for dramatically reshaping Medicare and repealing President Barack Obama’s health care law. The plan would transition Medicare into a voucher-like system by 2022 and strike the 2010 health care law – two ideas that Democrats say would be devastating for older Americans.Just about 13 percent of residents of Ryan’s district, which blends the wealthy Milwaukee suburbs with some of the state’s largest industrial areas, are 65 years or older, ranking 203rd out of the 437 districts, including Washington, D.C., and Puerto Rico, according to 2010 census data.
By comparison, Rep. Vern Buchanan (R-Fla.), who represents more people over age 65 than any another Member of Congress, according to 2010 census figures, has raised just $113,000 from retirees so far this cycle.
- Log In – The New York Times – Motorola to Cut 20% of Work Force, Part of Sweeping Change – #tcot
- RealClearPolitics – Election 2012 – North Carolina: Romney vs. Obama – @draigun Here is the link for the RCP polling averages for NC: NC is in play.
- Motorola to Cut 20% of Work Force, Part of Sweeping Change – NYTimes.com – Obamanomics: Motorola to Cut 20% of Work Force, Part of Sweeping Change OOPS #tcot
- Romney in Florida Attacks Obama on Medicare – Flap’s Blog – Romney in Florida Attacks Obama on Medicare
- Does Paul Ryan Help Mitt Romney in the Electoral College? – Flap’s Blog – FullosseousFlap’s Dental Blog – RE: @MuddyPolitics I think you underestimate the problems President Obama has with ObamaCare and the poor economy, es…
- President 2012 Poll Watch: Paul Ryan a Mixed Reaction? – Flap’s Blog – President 2012 Poll Watch: Paul Ryan a Mixed Reaction?
- Does Paul Ryan Help Mitt Romney in the Electoral College? – Flap’s Blog – FullosseousFlap’s Dental Blog– RE: @MuddyPolitics Look at the Electoral Map above and you answer your own questions.Romney needs Ohio and Florida …
- California Pension Reform: Legal pension hikes: air time, golden handshake– If the Legislature attempts pension reform this month, one of the targets may be “air time,” a decade-old policy that allows CalPERS and CalSTRS members to boost their pensions by buying up to five years of additional service credit.Another older but also colorfully named policy, the “golden handshake,” allows management to encourage early retirement by boosting pensions with two years of additional service credit.Some regard air time as an abuse, even though employees make a payment that is supposed to cover the cost. There is the question of fairness, a benefit not available to all citizens, and of taxpayer risk if long-term investment earnings are below the forecast.The golden handshake, with employers presumably paying the cost, has the same investment risk and often is offered only to higher-paid employees. The CalPERS version also gets competition from a private firm, Public Agency Retirement Services.
Air time and the golden handshake were linked in a bill veto message in 2003 by former Gov. Gray Davis, who signed a major state worker pension increase, SB 400 in 1999, criticized for triggering unsustainable pension increases throughout the state.
- California moving forward on plan to upgrade schools, seek 2014 bond– State officials have set to work on an ambitious plan to upgrade California’s aging and outdated school facilities and, in doing so, lay the groundwork for a 2014 bond measure to help pay for it.The goal is to transform existing school structures into 21st Century learning environments – clean, safe and technologically-advanced with sustainable, cost-efficient energy systems – for the state’s six million students.The first step, officials said, is to create a comprehensive inventory on the status of the state’s classrooms to assess what actually needs to get done.“It’s vital that we have a plan,” Superintendent of Public Instruction Tom Torlakson said during a hearing on school facility needs last week. “I think it’s going to be a springboard for action in a way that the Legislature can move to a place in 2014 where we can go to the voters to say ‘let’s re-up; let’s invest again in a program that’s even more targeted toward the needs of our students.”
- Irish Pull Teeth as Europe Crisis Means Dental Cutbacks – Businessweek – Irish Pull Teeth as Europe Crisis Means Dental Cutbacks – Businessweek #tcot
- President 2012 Poll Watch: Republicans Have Significantly More Voter Engagement – President 2012 Poll Watch: Republicans Have Significantly More Voter Engagement
- Irish Pull Teeth as Europe Crisis Means Dental Cutbacks – Businessweek – Irish Pull Teeth as Europe Crisis Means Dental Cutbacks #tcot
- Irish Pull Teeth as Europe Crisis Means Dental Cutbacks– Pedro Ruiz of Madrid, a 29-year-old unemployed plumber, has been putting off dental surgery to fix his crooked teeth.“I don’t want to spend in one visit to a dentist what it takes me 10 days to earn,” said Ruiz.In the midst of Europe’s worst financial crisis in a generation, countless other patients are making similar decisions across the continent, doing without everything from checkups to tooth implants as unemployment has surged and governments have reined in health spending. Many are putting their health at risk.Though no hard Europe-wide data on dental spending exists, the cutbacks by governments and individuals mean oral cancers and other illnesses won’t be spotted earlier, when they’re more easily treatable, said Kamini Shah, honorary secretary at the British Association for the Study of Community Dentistry.
“The mouth is a mirror to the rest of the body,” said Shah.
The effects of the financial crisis on dental care are also evident for companies that supply equipment. Shares of the world’s biggest makers of dental implants, Nobel Biocare Holding AG (NOBN) and Straumann Holding AG (STMN), have plunged 90 percent and 67 percent, respectively, from their peaks in 2007.
Declining sales in Europe is “the new normal,” said Ingeborg Oie, an analyst with Jefferies International Ltd.
“If Europe continues to plod along this trajectory then we’re not going to be out of this for a few years,” she said.
In Spain, which has the highest unemployment rate among countries using the euro at 24.8 percent, patients are choosing cheaper, removable dentures costing a few hundred euros instead of permanent implants that can cost thousands of euros, Manuel “Alfonso” Villa, president of the Spanish Dental Association said in a telephone interview from his clinic in Gijon, northern Spain.
“People are very scared about spending,” he said. “We’ve noticed a significant slowdown since 2009, but 2011 and this year have been disastrous.” Patients are delaying procedures “unless it hurts too much,” he said.
Ruiz, the Spanish plumber, earned 2,500 euros ($3,070) a month before losing his job in January. He just finished a temporary job that paid him 1,200 euros and decided to bank it rather than spend it on his teeth because “it’s not a life-or- death matter.”
- Flap’s Dentistry Blog: The Morning Drill: August 13, 2012 – The Morning Drill: August 13, 2012
- Day By Day August 13, 2012 – Package Deals – Flap’s Blog – Day By Day August 13, 2012 – Package Deals
- Axelrod Draws Parallel Between Ryan and Palin – Lara Seligman – NationalJournal.com – Weak analogy and wishful thinking RT @nationaljournal Axelrod draws parallel between Ryan and Palin. #tcot
- 10 reasons why Paul Ryan could help Mitt Romney become US President – Mail Online – Toby Harnden’s blog– Until a fortnight ago, it looked like Mitt Romney wanted to make the safest, least dramatic vice-presidential pick possible, a running mate who would be the unPalin – someone who would be a news story for the day but would not alter the shape of the campaign.Someone like Tim Pawlenty or Rob Portman. Either this approach was a feint all along or something changed as the 2012 campaign descended into petty, slimy negativity and Romney began to slip slightly in the polls despite a terrible economy and unemployment rising to 8.3 percent.Choosing Ryan is a bold and surprising – though by no means as outlandish as Sarah Palin in 2008 – choice. Vice-presidential running mates seldom have a major impact on the outcome of a presidential election. But this time, Ryan might a difference – here are 10 reasons why:
- Flap’s California Blog @ Flap Twitter Updates for 2012-08-13 – Flap’s California Blog – Flap’s California Blog @ Flap Twitter Updates for 2012-08-13
- Why Romney Chose Ryan – A Choice Between Stagnation and Renewal– Mitt Romney did much more this weekend than announce a running mate. He unveiled a significant change in strategy. The 2012 election is now a choice, not just a referendum.Conservatives have spent much of this summer reassuring themselves. They’ve pointed out the extraordinary sums President Obama has thrown at crippling Mr. Romney. They’ve noted how ugly and brutal those attacks have been. They’ve comforted themselves that, for all the smears, Mr. Romney is within a few points of the incumbent in national tracking polls.Yet the same can be said on the other side. The economy is teetering, the deficit exploding, the nation unhappy with his signature legislation. Daily, Mr. Romney beats the White House with these failures. But he has barely moved the polling dial.
- VP candidate Ryan returns to Wisconsin to adoring crowd– Brushing aside tears and responding to raucous cheers, U.S. Rep. Paul Ryan returned to Wisconsin on Sunday for an emotional homecoming in front of thousands of people on the grounds of the Waukesha County Expo Center. “It’s good to be home,” Ryan said in a speech that wove personal history and national aspiration.A day after he was named Mitt Romney’s running mate and vaulted on to the Republican Party’s biggest political stage, Ryan spoke of his family’s deep roots in Wisconsin and his ties to Janesville, where “we live on the block I grew up on.”
- @Flap Twitter Updates for 2012-08-13 – Flap’s Blog – FullosseousFlap’s Dental Blog – @Flap Twitter Updates for 2012-08-13
- Sports / Quite simply, this was the greatest Olympic Games in USC history. Trojans set new school records by earning 12 golds and 25 total medals. See more from USC Athletics: http://say.ly/bEb3XIi – The greatest Olympic Games in USC history – new school records by earning 12 golds & 25 total medals. via @pinterest
- Time to Start Training for the Los Angeles Marathon – Time to Start Training for the Los Angeles Marathon
- Video: The Romney and Ryan 60 Minutes Interview – Flap’s Blog – Video: The Romney and Ryan 60 Minutes Interview
- Untitled (http://www.sacbee.com/2012/08/12/4717754/dan-walters-state-gop-down-but.html#mi_rss=Dan%20Walters?utm_source=twitterfeed&utm_medium=twitter&utm_source=twitterfeed&utm_medium=twitter) – Untitled (… #tcot
- Untitled (http://www.sacbee.com/2012/08/12/4717754/dan-walters-state-gop-down-but.html#mi_rss=Dan%20Walter) – Untitled (… #tcot
- The Sunday Evening Flap: August 12, 2012 – Flap’s Blog – The Sunday Flap: August 12, 2012
Chris, looks like Zed is being drawn into the quagmire which is Afghanistan under President Obama. Sort of like Ireland and their national debt crisis – sliding into the cesspool abysss.
Ireland’s financial troubles loomed large Wednesday as investors – betting that the country soon could join Greece in seeking an EU bailout – drove the interest rate on the country’s 10-year borrowing to a new high.
The yield on 10-year bonds rose above 8 percent for the first time since the launch of the euro, the European Union’s common currency, 11 years ago.
The cost of funding Irish debt has risen steadily since September, when the government admitted its bailout efforts of five banks would cost at least euro45 billion, equivalent to euro10,000 for every man, woman and child in Ireland. That gargantuan bill, in turn, has made the projected 2010 deficit rise to 32 percent of GDP, the highest in post-war Europe.
The yield, or interest rate, on 10-year Irish notes rose steadily from 7.94 percent to reach 8.18 percent by midmorning. As the value of bonds fall, buyers demand ever-higher yields as compensation.
Bond traders increasingly believe that Ireland soon will be forced to tap Europe’s emergency fund for euro-zone nations facing a threat of bankruptcy. The 16 nations of the euro zone created that euro750 billion backstop in May as the EU and International Monetary Fund provided an emergency euro110 billion loan to Greece.
Another bailout would send more shock waves through the currency union, which has struggled to find ways to keep individual governments from overspending and threatening the currency’s value.
Might this be a lesson to the new Congress about spending and debt?