Repost from my dear friend Jody who takes the time to compile this every week - please feel free to share, as long as you give proper credit to the original author!
"And that's the way it is"....this week.
Having failed to learn the lessons of 2008, J.P. Morgan Chase lost $2-3 billion through "sloppy" and risky betting practices yet the big banks, Wall Street, and the presumed best guy in the business, Jamie Dimon continue to say no regulations are necessary. Trust them???
Senator Bernie Sanders and Representative Keith Ellison are sponsoring legislation to repeal $113 billion in tax breaks, handouts and subsidies for the fossil fuel industry over the next 10 years. One assumes the GOP will be thrilled to discover there are ways to increase revenue and reduce the deficit without decimating domestic spending programs but never fear, Grover Norquist will enlighten them.
While a reporter for the Boston Globe, Romney staffer Eric Fehrnstrom outed a trans-gender MA House Rep effectively ending her career. Seems Romney and his camp are all bullies when it comes to gays. Leadership? No way.
Another insane Paul Ryan piece of legislation passed the GOP House; it cuts $3.3 trillion from low-income and other domestic spending programs over 10 years. 16 republicans voted with all the democrats against this austerity plan. Greece, Spain, France, UK anyone? That's Ryan's plan--kill the beast while starving the country and destroying the economic recovery.
Meanwhile in the Senate, Ryan's "marvelous", per Mitt, budget failed to pass by a vote of 58-41; some republicans there couldn't stomach it either.
Ron Paul said he won't campaign in any more primaries but will continue to work for delegates. Makes you go hmmmm.
Rep Paul Broun, GA, tried to amend the existing Voting Rights laws as part of a spending bill debate. John Lewis called out Broun on the House floor and reminded Broun that "people died to get voting rights." Broun meekly withdrew the amendment. Bravo, John Lewis!
The GOP House voted Friday to prevent $55 billion in automatic cuts to military spending this year; their solution--cut funds for food stamps, meals on wheels, and other social programs to aid the poor, disabled, children and the elderly. GOPTP's 2012 bumper sticker: GUNS NOT BUTTER--Starve the People.
Soon when you fill your vehicle with gas, those bulky rubber boots on gas pumps will disappear. The Obama Administration eliminated this regulation because the auto industry now builds vehicles with gas tanks which capture the gas fumes without the rubber boots. It will save each gas station a few thousand dollars per year. Wonder why Bush didn't do this--the GOP is the anti-regulation crowd?
Marco Rubio accused the White House of obstructing his version of a DREAM Act. What DREAM Act? The WH can't obstruct what Rubio hasn't written yet--seems Marco is all talk and no action!
If your insurance company failed to spend at least 80% of the premiums they charged on actual health care, you will receive a rebate check and it will state clearly that "the rebate is required by the Affordable Care Act." The nerve of that ObamaCare to require 80% of premiums cover health care, not CEO pay or advertising.
The Obama campaign ran an ad targeting Mitt Romney's vulture capitalism at Bain. The GOP is outraged, shame on Obama and democrats for using a page from the Rove playbook.
The GOPTP claims the War on Women is a "conspiracy" by democrats. Meanwhile, AZ rolled back access to birth control for women; it also passed legislation allowing employers to ask women if they use it and why. UT passed a 3-day waiting period for abortion. AL banned abortion coverage in the new health insurance exchanges required by ACA. IA's tea-nut Steve King plans to introduce legislation to place restrictions on medication relating to abortion. AZ's Trent Franks offered HR3803 which bans abortion after 20 weeks in the city of D.C. and he refuses to allow the DC female representation to testify on behalf of the district she represents. Yep, it's a "conspiracy" all right, a republican one to deny women their reproductive rights--with factual evidence mounting weekly at both the state and federal levels. But, hey, there's no war on women because the GOPTP says so!
Betty White endorsed President Obama; she's never endorsed anyone--maybe it was the birthday video President Obama sent her.
At Liberty Univ, Mitt Romney said "there is no greater force for good in the nation than Christian conscience in action." Never mind the question "would that be the GOP/Ryan/Romney version of conscience", that comment would go over like a lead balloon at a Jewish convention.
The conservative Wisconsin Supreme Court Justices removed the Ethics Official after that Official charged three of them with ethics violations. Well, hey, that's one way to clean up government--fire the one claiming you're not clean!
Elizabeth Hasselhoff again proved to be under-informed by claiming President Obama and Mitt Romney share the same position on gay marriage. Both men have opposing views so this was scratch your head...what? Hasselhoff is not dumb, she just tries so hard to sound informed that she gets it all messed up!
Housing starts rebounded in April, foreclosures are down and factory activity gained momentum; the economy remains on a steady but cautious recovery course. Willard was in tears again despite having won the Nebraska and Oregon primaries.
Caught on Tape, Gov Scott Walker to billionaire Diane Hendricks, "first thing we're going to do is go after public collective bargaining...divide and conquer." When they tell you what they'll do, believe them.
President Obama said Malia finds him "the right amount of embarrassing". Every parent can relate to that, as can every teenager.
"Dubya" endorsed "Etch-a-Sketch" this week. "I'm for Mitt Romney" he said as the elevator doors closed and the theme from Jaws played in the background!
IA's Gov Branstad lamented the failure of legislation to correct the ban on use of lead shot for dove hunting--that's a biggy for Terry. Voters should ignore his broken promise to sign legislation passed two straight years by republicans and democrats to correct the Earned Income Tax Credit (EITC) because legislators didn't agree how to fund and phase in a commericial property tax cut. Lead shot over people?
Romney visited Iowa this week. He changed the venue from Drake Univ to a downtown Des Moines hotel--a whopping 200 showed up to hear him speak...but at least the room didn't look empty!
Mitt's trying new phrasing for attacking President Obama on the debt--"a prairie fire of debt is sweeping across (insert state) and the nation....an inferno of debt and spending." Careful Mitt, lie are lies, God might grab you by the shirt collar and drop you straight down that "inferno".
Regarding the recent Tea Party wins in GOP primaries, Dick Lugar called it the "republican purification process." Makes the TP sound like one of those expensive water filter systems--sell something people don't need by convincing them it's healthy and never mind the cost.
Speaker Boehner wants a repeat "do over" of the debt ceiling debacle his party caused last summer. There's stupid and then there's never learn a lesson ultra-stupid which describes the GOPTP.
Colorado Rep Mike Coffman told an audience that he didn't know if President Obama is a citizen but he knows he is un-American. A newspaper got the tape and wrote about it. Imagine that, Coffman said he "misspoke...President Obama is a citizen and an American". Coffman is both a liar and a coward who tosses red meat to the hungry right wing-nuts, got caught and tried to weasel out of it with "I misspoke".
Romney keeps referring to President Bush as Presidnt Obama's no-name "predecessor". Guess Willard hears that Jaws theme music playing in the background, too!
Nebraska GOP chose TPer Deb Fischer as their candidate. Regarding last year's GOP-created debt-ceiling debacle, Fischer said she "would have let the economy blow up because Congress didn't also agree to a Constitutional amendment" requiring a balanced budget. There you have it. This is the TP mentality--our way or blow up the country, it's no big deal!
The NY Times exposed a $10 million vicious, character assassination plan to attack President Obama by Chicago Cubs owner Joe Ricketts' SuperPAC. Mitt Romney was asked by a reporter if Rev Wright is fair game and Mitt walked away--careful Mitt, what's good for the goose is good for the gander. By the end of the day, Romney, Ricketts and Fred Davis resembled pretzels trying to deny that they got caught planning to play ultra-dirty politics. "Repudiate" and deflect wins the Forked-Tongue Award for Mitt Romney, Cubs owner Joe Ricketts and Fred Davis of "I am not a witch" fame.
The Bachmann "Chitspa" Award this week goes to former President George W. Bush. Wednesday, he said he has written a new book which will be released late this summer. It's about economics and solving our economic problems. Either this is gold-plated Bush chutzpah or a three-act comedy/tragedy!