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Hmm

Norwegian authorities are saying today’s events were closer to Oklahoma City than the World Trade Center bombings.

Bernie Sanders

Today:

I think there are millions of Americans who are deeply disappointed in the president, who believe that with regard to Social Security and other things, he said one thing as a candidate and is doing something very much else as a president. Who cannot believe how weak he has been for whatever reason in negotiating with Republicans, and there’s deep disappointment.

So my suggestion is, I think one of the reasons the president has made the move so far to the right is that there is no primary opposition to him and I think it would do this country a good deal of service if people started thinking about candidates out there to begin contrasting a progressive agenda as opposed to what Obama believes he’s doing. […] So I would say to Ryan, discouragement is not an option. I think it would be a good idea if President Obama faced some primary opposition.

You know, Bernie, it doesn’t have to be a Democrat. Think about it!

Obama/Nixon

Krugman.

‘Why don’t I know about this deal?’

Harry Reid:

Senate Majority Leader Harry Reid (D-Nev.) confronted White House budget director Jack Lew during a Thursday afternoon meeting about secret talks on a deficit-reduction deal between the president and Speaker John Boehner (R-Ohio).

“I’m the Senate majority leader — why don’t I know about this deal?” Reid demanded as soon as the budget director walked into the historic Mansfield Room for a meeting with Senate Democrats, according to a lawmaker who witnessed the exchange.

Lew shot back: “If there’s a deal, then the president doesn’t know about it, the vice president doesn’t know about it and I don’t know about it.”

A Senate Democratic aide confirmed the exchange took place.
Democrats were outraged about reports that Obama was willing to accept major spending cuts in exchange for reforming the tax code at some point in the future as part of a deal to raise the $14.3 trillion debt ceiling.

Reid and other Democrats warned the administration officials in the meeting that they might not support a deal between Obama and Boehner if kept out of the loop.

“It was a heated session,” said a senior Democratic senator who attended the lunch. “There’s a basic lack of trust with the president.”

What is going on in Norway?

Man dressed as police officer started shooting at children’s summer camp in Utöya, Norway. PM Stoltenberg confirms severe situation.

Update, translated from the Norwegian reports:

AP has talked with several who are on Utøya, which is in progress a AUF event with over 700 people. – We are under attack, said a person who contacted the AP before he hung up and broke the conversation. AMK-center reports that they have sent a so-called Health Express, an ambulance that can treat more people, to Utøya with politiekskorte.

I can confirm that there has been a shooting, but we do not know anything more right now, says Frank Dreiersen. Police sources said the AP that the specially trained emergency squad to the Oslo police are on their way to Utøya by helicopter.

Three people are shot. In each case. I do not know, said a clearly shocked characterized Jaran Berg in a low voice to Fredriksstad sheet .

Others told the AP about how it all started: – Competent legitimate himself as a policeman when he was transported to the island. He stated that this was a routine check in connection with the terrorist attack in Oslo, says the eyewitness to the AP.

Suddenly, we heard lots of shooting. People had to run and hide. We have been told to get off the island. AP knows that the police in Oslo have been informed about the incident on Utøya.
Continue Reading »

The gospel according to Ezra

Here’s an update from Ezra Klein this morning:

What set off yesterday’s debt-deal panic among congressional Democrats wasn’t so much information about a new deal as a better understanding of the old deal. What Boehner and Obama appear to be discussing is the $4 trillion deal they were discussing a few weeks ago. In that deal, $1.5 trillion in immediate cuts would be followed by processes for making a further $1.5 trillion in deeper cuts — many of them to entitlement programs — and reforming the tax code to raise a trillion more dollars than it does now. The plan would also include some sort of enforcement mechanism that would make sure the future spending cuts and tax increases manifested.

Congressional Democrats spent much of yesterday complaining that this plan doesn’t really have revenues while the White House spent much of yesterday swearing that it did. On this, congressional Democrats are mostly right. The revenue in this plan is approximately equal to the revenue from letting the Bush tax cuts on the rich expire — which is something Democrats could do with zero Republican votes in 2012, when the Bush tax cuts are set to expire automatically. In other words, Democrats are demanding, as part of this deal, that Republicans agree to let them do…something they could do even if Republicans refused to agree to it.

The best way to understand the revenue in this plan, in fact, is that it’s a concession to Republicans, not Democrats. It effectively takes the 2012 expiration of the Bush tax cuts and all of the leverage that gives Democrats off the table, but doesn’t ask for more revenue in return. Rather, there’s about 25 percent as much revenue in this plan as there is in simply doing nothing and letting the Bush tax cuts expire, and half as much revenue in this plan as in the Simpson-Bowles/Gang of Six plans recommended, and this plan also gives up Democrats ability to go for more revenue in 2012 when the Bush tax cuts expire. See this graph/post for a clearer comparison.

Continue Reading »

I guess I should mention

That I’m leaving for vacation tomorrow, and that the usual motley cast of characters will be picking up the slack in my absence. I probably won’t have internet access, although you never know.

But I plan to spend an entire week trying to forget that a Democratic president is trying to dismantle the safety net, because it feels like my head is ready to explode.

For God’s sake, don’t break anything while I’m gone. And no keggers!

Breaking news

Huge terrorist attack in Oslo on the building housing the PM and political offices. Hundreds feared dead. Details when I get them.

UPDATE: One dead, several injured.

I swear

There are so many ways the corporations (by way of the Republican party) are attacking us lately that I literally can’t absorb all of it — like this, where the Republicans are trying to remove worker assistance aid from these trade agreements. (Whatever happened to jobs, jobs, jobs?)

No matter how complicated an issue is, you can pretty much assume that if the Republicans and the Chamber support something, there’s a time bomb for workers in there somewhere.

Quote of the day

Economist Dean Baker on the Gang of Six and their plans to cut Social Security:

The elderly cost of living index that shows they experience a higher rate of inflation is an experimental index, not a full price index like the other indexes calculated by BLS. However, it could be a full index if the Gang of Six and the rest of Congress wanted it to be. In other words, if the Gang of Six is really interested in a more accurate cost of living adjustment for Social Security, they can propose legislation that would direct BLS to construct a full elderly index. This would let them know whether it is necessary to raise, lower, or leave along the annual cost of living adjustment, to ensure that Social Security checks keep pace with the cost of living.

However the Gang of Six shows no interest in going this route. The only possible conclusion is that the Gang of Six is scared of what a full elderly index might show. In short, the gang of six is scared of the information. They obviously have made the decision to cut Social Security and they are not going to let evidence stand in the way.

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