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Common Sense Politics
Whether you are from the left or right common sense has to prevail for our government to get back to representing the people
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R.I.P. Romney Campaign

R.I.P. Romney Campaign | Common Sense Politics | Scoop.it
The reason the video kills what remains of Romney's bid for the White House is because of what it tells us about his understanding of the basic facts of the American situation: He thinks there is nothing fundamentally wrong with the economy.
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Mitt Romney, Secretly Taped, Tells His Truths At Fundraiser

Mitt Romney, Secretly Taped, Tells His Truths At Fundraiser | Common Sense Politics | Scoop.it
The overwhelming majority of voters who back President Barack Obama do so because they are "dependent on government" and "believe that they are entitled to health care, to food, to housing," Mitt Romney told a closed-door gathering of about 30 major donors earlier this year, according to video of the event that has surfaced on the Internet.
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CENSUS: The Gap Between The Rich And Poor Keeps Widening

CENSUS: The Gap Between The Rich And Poor Keeps Widening | Common Sense Politics | Scoop.it
he ranks of America's poor remained stuck at record levels, although dwindling unemployment benefits and modest job gains helped stave off what experts had predicted would be the fourth rise in a row in the poverty rate.


With joblessness persistently high, the gap between rich and poor increased in the last year, according to two major census measures. Also, the median, or midpoint, household income was $50,054, 1.5 percent lower than 2010 and a second straight decline.

 

 

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Obstruct and Exploit

Obstruct and Exploit | Common Sense Politics | Scoop.it
A cynical Republican strategy: block all efforts to strengthen the economy, then exploit the economy’s weakness.

 

Does anyone remember the American Jobs Act? A year ago President Obama proposed boosting the economy with a combination of tax cuts and spending increases, aimed in particular at sustaining state and local government employment. Independent analysts reacted favorably. For example, the consulting firm Macroeconomic Advisers estimated that the act would add 1.3 million jobs by the end of 2012.

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Actually, The Jobs Report Was Pretty Strong

Actually, The Jobs Report Was Pretty Strong | Common Sense Politics | Scoop.it
There Is An Honest-To-God Bullish Story In Today's Jobs Data...
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Mitt Romney's Acceptance Speech Received The Worst Reaction Since Bob Dole

Mitt Romney's Acceptance Speech Received The Worst Reaction Since Bob Dole | Common Sense Politics | Scoop.it
Just 38 percent of Americans rated Romney's speech last week as "excellent" or "good," according to the new Gallup poll released Monday. That pales in comparison with John McCain in 2008 (47 percent), Barack Obama in 2008 (58 percent), and George W. Bush in both 2000 and 2004 (51 and 49 percent).

 

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Mitt Romney's Federal Bailout: The Documents Pictures | Rolling Stone

Mitt Romney's Federal Bailout: The Documents Pictures | Rolling Stone | Common Sense Politics | Scoop.it
Highlights from the records of the FDIC's rescue of Bain Company...
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End-of-term report

End-of-term report | Common Sense Politics | Scoop.it
NOT since 1933 had an American president taken the oath of office in an economic climate as grim as it was when Barack Obama put his left hand on the Bible in January 2009. The banking system was near collapse, two big car manufacturers were sliding towards bankruptcy; and employment, the housing market and output were spiralling down.

 

Hemmed in by political constraints, presidents typically have only the slightest influence over the American economy. Mr Obama, like Franklin Roosevelt in 1933 and Ronald Reagan in 1981, would be an exception. Not only would his decisions be crucial to the recovery, but he also had a chance to shape the economy that emerged. As one adviser said, the crisis should not be allowed to go to waste.

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The Medicare Killers

The Medicare Killers | Common Sense Politics | Scoop.it
Paul Ryan’s big lie in his convention speech was his claim that a Romney-Ryan administration would protect and strengthen Medicare.

 

Some of his fibs were trivial but telling, like his suggestion that President Obama is responsible for a closed auto plant in his hometown, even though the plant closed before Mr. Obama took office. Others were infuriating, like his sanctimonious declaration that “the truest measure of any society is how it treats those who cannot defend or care for themselves.” This from a man proposing savage cuts in Medicaid, which would cause tens of millions of vulnerable Americans to lose health coverage.

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Greed and Debt: The True Story of Romney and Bain Capital

Greed and Debt: The True Story of Romney and Bain Capital | Common Sense Politics | Scoop.it

How the GOP presidential candidate and his private equity firm staged an epic wealth grab, destroyed jobs – and stuck others with the bill

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Paul Ryan Speech Built On Demonstrably Misleading Assertions

Paul Ryan Speech Built On Demonstrably Misleading Assertions | Common Sense Politics | Scoop.it
TAMPA, Fla. -- Paul Ryan pledged Wednesday that if he and his running mate Mitt Romney were elected president, they would usher in an ethic of responsibility.
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Republican Party trends

Republican Party trends | Common Sense Politics | Scoop.it
A look demographic look at how the Republican party has changed over time.
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How the Republicans Built It

How the Republicans Built It | Common Sense Politics | Scoop.it
The delayed Republican convention begins in Tampa with a blast of propaganda.  It was a day late, but the Republicans’ parade of truth-twisting, distortions and plain falsehoods arrived on the podium of their national convention on Tuesday. Following in the footsteps of Mitt Romney’s campaign, rarely have so many convention speeches been based on such shaky foundations.
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The Truth About Tax Cuts For The Rich

The Truth About Tax Cuts For The Rich | Common Sense Politics | Scoop.it
A new study by the nonpartisan Congressional Research Service has found that over the past 65 years, tax cuts for the rich have not led to economic growth and instead are linked to greater income inequality in the United States.
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Mitt’s Major Meltdown

Mitt’s Major Meltdown | Common Sense Politics | Scoop.it
Remember when we thought the Republican primary voters had picked the most stable option? We may have to rethink this, people.

 

It didn’t seem to be a lot to ask, but when the crisis in the Middle East flared up, Romney turned out to have no restraining inner core. All the uneasy feelings you got when he went to London and dissed the Olympic organizers can now come into full bloom. Feel free to worry about anything. That he’d declare war on Malta. Lock himself in a nuclear missile silo and refuse to come out until there’s a tax cut. Hand the country over to space aliens.

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Republicans just don't understand that people can find out shit

What about the argument, which I hear all the time, that Mr. Obama should have fixed the economy long ago? The claim goes like this: during his first two years in office Mr. Obama had a majority in Congress that would have let him do anything he wanted, so he’s had his chance.

The short answer is, you’ve got to be kidding.

 

As anyone who was paying attention knows, the period during which Democrats controlled both houses of Congress was marked by unprecedented obstructionism in the Senate. The filibuster, formerly a tactic reserved for rare occasions, became standard operating procedure; in practice, it became impossible to pass anything without 60 votes. And Democrats had those 60 votes for only a few months. Should they have tried to push through a major new economic program during that narrow window? In retrospect, yes — but that doesn’t change the reality that for most of Mr. Obama’s time in office U.S. fiscal policy has been defined not by the president’s plans but by Republican stonewalling.

 

The most important consequence of that stonewalling, I’d argue, has been the failure to extend much-needed aid to state and local governments. Lacking that aid, these governments have been forced to lay off hundreds of thousands of schoolteachers and other workers, and those layoffs are a major reason the job numbers have been disappointing. Since bottoming out a year after Mr. Obama took office, private-sector employment has risen by 4.6 million; but government employment, which normally rises more or less in line with population growth, has instead fallen by 571,000.

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Are We Better Off Than 4 Years Ago? Let's Go To The Charts!....

Are We Better Off Than 4 Years Ago? Let's Go To The Charts!.... | Common Sense Politics | Scoop.it
See for yourself....
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11 Things The GOP Doesn't Want You To Know About The Deficit

11 Things The GOP Doesn't Want You To Know About The Deficit | Common Sense Politics | Scoop.it
The national debt surpassed a record $16 trillion on Friday: a massive figure that Republican politicians are using to slam the Obama administration.
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Romney's Convention Speech Draws Ho-Hum Response In Poll

Romney's Convention Speech Draws Ho-Hum Response In Poll | Common Sense Politics | Scoop.it
Early polling results following the Republican National Convention suggest that any bounce that Mitt Romney got from the three days in Tampa was marginal at best.
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The Truth About Who's Responsible For Our Massive Budget Deficit

The Truth About Who's Responsible For Our Massive Budget Deficit | Common Sense Politics | Scoop.it
In early 2009, President Obama took over, amid the worst recession since the Great Depression. Obama signed an $800 billion spending increase at the same time that GDP and tax collections tanked. The combination of these two factors--growth in spending and a drop in revenue--exploded the deficit to $1.4 trillion. In 2010 and 2011, the economy and tax collections improved modestly, and the deficit shrank to $1.3 trillion annualized.

 

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Some truth in Tampa?

The truth, rarely heard this week in Tampa, Fla., is that the Republicans charted a course of denial and obstruction from the day Mr. Obama was inaugurated, determined to deny him a second term by denying him any achievement, no matter the cost to the economy or American security — even if it meant holding the nation’s credit rating hostage to a narrow partisan agenda.

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Fox News: Paul Ryan's Speech Was Full Of 'Blatant Lies'

Fox News: Paul Ryan's Speech Was Full Of 'Blatant Lies' | Common Sense Politics | Scoop.it
According to Fox News columnist Sally Kohn, vice presidential nominee Paul Ryan's speech at the Republican National Convention on Wednesday "was an apparent attempt to set the world record for the greatest number of blatant lies and...
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FactCheck.org : Ryan’s VP Spin

FactCheck.org : Ryan’s VP Spin | Common Sense Politics | Scoop.it

Paul Ryan’s acceptance speech at the Republican convention contained several false claims and misleading statements.

 

Accused President Obama’s health care law of funneling money away from Medicare “at the expense of the elderly.” In fact, Medicare’s chief actuary says the law “substantially improves” the system’s finances, and Ryan himself has embraced the same savings.


Accused Obama of doing “exactly nothing” about recommendations of a bipartisan deficit commission — which Ryan himself helped scuttle.


Claimed the American people were “cut out” of stimulus spending. Actually, more than a quarter of all stimulus dollars went for tax relief for workers.


Faulted Obama for failing to deliver a 2008 campaign promise to keep a Wisconsin plant open. It closed less than a month before Obama took office.


Blamed Obama for the loss of a AAA credit rating for the U.S. Actually, Standard & Poor’s blamed the downgrade on the uncompromising stands of both Republicans and Democrats.

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Matt Taibbi Bashes Mitt Romney As One Of The 'Most Irresponsible Debt Creators Of All Time'

Matt Taibbi Bashes Mitt Romney As One Of The 'Most Irresponsible Debt Creators Of All Time' | Common Sense Politics | Scoop.it
According to Rolling Stone contributing editor Matt Taibbi, Mitt Romney made his fortune exploiting two strategies that the Republican presidential candidate now decries: creating massive amounts of debt and milking federal government handouts.
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The truth about Chris Cristie

Gov. Chris Christie of New Jersey, in the keynote speech, angrily demanded that the American people learn the hard truths about the two parties, but like most of those at the microphone, he failed to supply any. He said his state needed his austere discipline of slashed budgets, canceled public projects and broken public unions, but did not mention that New Jersey now has a higher unemployment rate than when he took over, and never had the revenue boom he promised from tax cuts.

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