odd (adj.): not divisible by two; not easily explained; an indefinite quantity more than that specified; beyond or deviating from the usual or expected; not used up. bit (n.): small portion, degree, or amount; brief amount of time; moment; short scene or episode in a theatrical performance; entertainment routine given regularly by a performer; fundamental unit of information having just two possible values, as either of the binary digits 0 or 1.
Wednesday, February 24, 2010
Democrats (2005): Proposal to do away with filibuster in Senate is "Arrogant" power grab against the founders' intent
One-year anniversary: Rick Santelli starts the Tea Party
19 February 2009, Rick Santelli, CNBC commentator, live on the floor of the Chicago Board of Trade, goes off on Washington "stimulus" economics and says he's going to start a "Tea Party" in Chicago and throw derivative securities in Lake Michigan. The spark that started it all:
First paragraph: "President Barack Obama said he is 'agnostic' about raising taxes on households making less than $250,000 as part of a broad effort to rein in the budget deficit."
Further down in the story: "Obama repeatedly vowed during the 2008 presidential election campaign that he would not raise taxes on individuals making less than $200,000 and households earning less than $250,000 a year. When senior White House economic adviser Lawrence H. Summers and Treasury Secretary Timothy F. Geithner suggested in August that the administration might be open to going back on that pledge, White House press secretary Robert Gibbs quickly reiterated the president’s promise.
"In the interview, Obama said that putting preconditions on the agenda of a bipartisan advisory commission, which he said he would soon establish, would just undermine its purpose."
"Bipartisanship" means political cover if he goes back on his pledge?
Sounded good during the campaign:
And -- hmm -- where'd that pesky deficit come from?
Michael Barone: "The same people who directed the campaign that defeated Hillary Clinton and routed John McCain, a campaign that raised far more money and attracted far more volunteers than any before it, have within a year come up with a legislative program that is crashing in ruins and that, to judge from recent polls, has left the Democratic party weaker than I have seen it in almost 50 years of closely following politics." Read the whole thing.