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Federal Reserve Chairman Explains Why Looming Budget Cuts Could Be Bad News For Deficit Reduction | ThinkProgress

Federal Reserve Chairman Explains Why Looming Budget Cuts Could Be Bad News For Deficit Reduction | ThinkProgress | Coffee Party News | Scoop.it
Budget cuts under the so-called “sequester” will go into effect on Friday. Independent estimates shows that the cuts will cost anywhere from 700,000 to 750,000 jobs.
Coffee Party USA's insight:

The federal reserve Chairman does a palin job of explaining deficit reduction with comparison the Eoropean Union. Should we chance doing the same thing as them?

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Better Technology Won't Save the GOP - However, better policies might.

Better Technology Won't Save the GOP - However, better policies might. | Coffee Party News | Scoop.it

Excerpt from article by JAMELLE BOUIE,
The American Prospect


Team Obama had an impressive Internet campaign, but its success depended on actual support from voters, not the other way around. If Obama were unpopular, no amount of Facebook advertising could increase his standing with voters, and indeed, you would have seen a torrent of stories noting the extent to which Team Obama's online investments hadn't paid off. As Stevens' points out, Romney's problem with voters on Facebook and Twitter was a subset of his problem with voters—they didn't like him or his policies.
 

Future GOP presidential campaigns should take note: If they want to succeed on the Internet, they need to appeal to voters writ large. And that might require a change to their message and their policies. [MORE]

Coffee Party USA's insight:

This is true no matter which side is running. It is the content and principles that really make the difference between what people are willing to get behind.

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Supreme Court Will Not Hear Campaign Finance Case On Corporate Donations

Supreme Court Will Not Hear Campaign Finance Case On Corporate Donations | Coffee Party News | Scoop.it

by PETER OVERBY, NPR


The Supreme Court says it won't hear a case that would have let candidates solicit money from corporations. By doing so, the court is reaffirming one strict ban on corporate political money, three years ago after easing other limits in its controversial Citizens United ruling.

Congress outlawed corporate contributions to candidates back in 1907. Now, two businessmen say that Citizens United makes that law unconstitutional – and they claim a First Amendment right to give corporate funds directly to candidates.
 

The Justice Department is prosecuting investment bankers William Danielczyk and Eugene Biagi for allegedly funneling corporate money into the old Senate and presidential campaigns of Hillary Clinton. Prosecutors say the two reimbursed employees for contributions that arrived at the campaigns as small, personal — and legal — donations.


Danielczyk and Biagi challenged the corporate donation ban before the trial began. Monday, the Supreme Court rejected their petition without explanation. [MORE]

Coffee Party USA's insight:

Surprising decision regarding campaign contributions. So, should we feel more confident on our future elections?

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Nomadic Politics : Inside Grover Norquist: The Jonas Savimbi Connection

Nomadic Politics : Inside Grover Norquist: The Jonas Savimbi Connection | Coffee Party News | Scoop.it

Michael Grunwald of Time’s Swampland once called Grover Norquist “an idealistic advocate of bad ideas."


Most of us are familiar with his bad idea of “Taxpayer Protection Pledge" to oppose all tax increases and under all circumstances. We all know how he has bullied Republicans after they foolishly committed themselves to the poorly-conceived notion.

However there’s another less publicized bad idea hidden in Norquist’s background that has failed to get a lot of attention in the mainstream media. Actually that’s a shame because his famous war against tax cuts represents a small part of the colorful Norquist biography. In this post, we will take a closer look at his Angolan connections

Coffee Party USA's insight:

This is an eye opening, mind blowiing report that will really shake your senses. Forget taxes, this is unbelievable. 

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Supreme Court to hear case on individual donor limits - Video on NBCNews.com

Supreme Court to hear case on individual donor limits - Video on NBCNews.com | Coffee Party News | Scoop.it
Video on msnbc.com: The Daily Rundown’s Chuck Todd takes a deep dive  into the Supreme Court campaign finance case called McCutcheon vs. the FEC which will decide how much money individuals can give to one candidate.
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Michigan GOP Overwhelmingly Backs Election Rigging Plan

Michigan GOP Overwhelmingly Backs Election Rigging Plan | Coffee Party News | Scoop.it
On Saturday, Republicans at the Michigan GOP’s convention in Lansing voted by an overwhelming 1,370-132 margin to back a plan that would “divvy-up 14 of the state’s 16 electoral votes according to which candidate got the most votes in each...
Coffee Party USA's insight:

This is surely something to watch and evaluate for justness in voting and elections.

When ever any party happens to look for a way to undermine the other party’s votes by anything but fair and factual information and discussion all citizens need to let them know how it undermines trust in that party and presents an image of a party that believes Americans are easy to trick and fool.

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Portland Coffee Party's comment, February 25, 2013 9:43 PM
This is actually in play in two states already. Too bad some see it as a "trick" by one party against the other because the winner-take-all methods applied by the other 48 states present a bastardization of democracy. A vote in Colorado, for example, is equal to three votes in New York. How is that OK? The Electoral College also serves to amplify the influence of big money in determining electoral outcomes. And finally, it is the largest deterrent to a viable third party -- something that the people of this country desperately need in order to rest power from the corpratocracy. So even if the Reps are doing this because they can't envision them ever getting the majority of votes in Michigan, it's still a great thing! The only people who would object to a fairer representation in an election are those who believe that the scales are tipped in their favor -- a.k.a. Michigan Democrats. Too bad neither party can see past their deluded self interest. They both need either a major overhaul or to be taken out with the rest of the trash. Quit with the partisan-think already and actually use your brain.
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Rick Scott's tea party divorce

Rick Scott's tea party divorce | Coffee Party News | Scoop.it

by Adam C. Smith, Tampa Bay Times


"I can tell you what his ideology is: getting re-elected," scoffed John Long, chairman of the Tea Party of Florida, a former Scott supporter now working to recruit a "dependable" fiscal conservative to challenge Scott in a 2014 primary. "He spent a lot of money to get elected, and I don't think he got elected with the intention to be a one-term wonder. To prove it, he's alienated the very people who got him elected in the first place."


With his Medicaid decision this week, Scott officially and forever cast off his image as a tea party standard-bearer. Just glance at most of the recent comments on his Facebook page if you have doubts.


"Agreeing to expand Medicaid in Florida is your 'Charlie Christ hugs Obama' moment. Very disappointed in your decision. . . . Be proud to call yourself a RINO (Republican in Name Only)," wrote Jackie Soler-Gonzalez.


"First the SunRail (an Orlando commuter rail project), now Obamacare. Seems you are not standing firm on the topics that got you voted in sir. . . . Thank you for showing me I can't believe in anyone in politics," wrote Leslie Smith.



Via Michael Charney
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Joseph Pomponio's comment, February 25, 2013 7:50 PM
While I am grateful that Governor scott has signed on to the health care program, I am cautious. This mans track record with regard to healthcare, past and present, makes me wonder if he hasn't found away to cash in on it, at tax payers expense. I hope there are safe guards in place.
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Jennifer Lawrence Caught Smoking Weed?

Jennifer Lawrence Caught Smoking Weed? | Coffee Party News | Scoop.it
Photographed with suspicious joint. (Jennifer Lawrence Caught Smoking Weed? http://t.co/8UP6H9Pxbb #cheatsheet)
Coffee Party USA's insight:

On the lighter side, if you win an Oscar and had a bad fall, what's the problem with a little relief. After all, this is Hollywood.

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The F-35 Folly: How Our Own Fighter Jets Are Killing Us

The F-35 Folly: How Our Own Fighter Jets Are Killing Us | Coffee Party News | Scoop.it
Thom Hartmann: Say hello to the F-35 Joint Strike Fighter program.
Coffee Party USA's insight:

So, any idea where we can get 85 billion dollars from to balance the budget? 

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Portland Coffee Party's comment, February 25, 2013 1:12 PM
Sorry, you can't cut this. The President promised that we would maintain the strongest military in the world, which requires arming our fighting men and women the most technologically advanced tools available. So sorry, you'll just have to find your $85 Billion elsewhere. OK, now for the serious commentary: No, i don't think this is a worthwhile program, but you don't want to make the President you voted for a liar, do you? This is just more proof that Democrats and Republicans alike have no problem bankrupting this country and will keep spending recklessly so as long as it lines their own pockets -- period. Wake up! The end of corruption in Washington will only come from a third party.
Joseph Pomponio's comment, February 25, 2013 7:44 PM
Who wants to cut it completely. Maybe twenty or thirty planes, the next generation of aircraft are already being developed. The money saved can later be restored when our economy is on its feet and we the the funds for more twenty first century armaments. Both parties are responsible for our finical mess, true, but the voters who put them in office are to blame. We, the people, have to stand up, organize and correct the system. It is our government, if we remove the corrupting money we don't need a third party, just reason and fairness.
Portland Coffee Party's comment, February 25, 2013 8:01 PM
@Joe: I do! I want to completely cut this program, or minimally back-burner it. We would enjoy massive air superiority over our enemies if we flew the planes we did back in the 1960's! Why do we need to build better now? This can wait. Putting Americans back to work cannot. And as to your poo-pooing of the need for a third party, both Presidential candidates said they would NOT reduce military spending at all. So where was the choice on the ballot that would have re-prioritized wasteful military spending? Nowhere. Only those who were happy to see the military-industrial complex grow even stronger while the middle class withers and dies were happy with the two choices. And the Reps and Dems are in lock step on plenty of other issues, so yes Joe, we desperately need a third choice, and a fourth, and perhaps a fifth. Government of The People By the People requires consensus, and if twenty five years of marriage has taught me anything, two diametrically opposed forces are more likely to go to war than to reach consensus :-)
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Chris Hayes Responds, Politely with a Maybe, to C-PAC (Conservative Political Action Conference)

Chris Hayes Responds, Politely with a Maybe, to C-PAC (Conservative Political Action Conference) | Coffee Party News | Scoop.it

Excerpts from article by Chris Hayes, MSNBC [see video]


Yes, the legendary Conservative Political Action Conference had invited yours truly to participate at its 40th annual conference this March. I was specifically invited to be part of a panel called: “CSI Washington, D.C.: November 2012 Autopsy” along with Ann Marie Buerkle, John Fund, Michael Barone and Ralph Reed. I would be among 10,000 hard core conservative activists gracing the same stage as everyone from Marco Rubio to Sarah Palin to Mitt Romney, who have used the occasion to flaunt their conservative bona fides.

My initial reaction was: of course I’ll go! As someone who attempts to convene discussions across various ideological boundaries, I have a special appreciation for CPAC’s willingness to invite someone with my politics to speak to the attendees. And as someone who regularly invites conservatives to sit at our table with a bunch of liberals, leftists and progressives, it seems only sporting (and karmically appropriate) for me to accept.

But then I remembered, thanks to a number of conservatives in my twitter feed, a pretty gross episode from 2011.

That year the board of the American Conservative Union, which sponsors CPAC, voted to ban the gay conservative group GOProud from sponsoring the 2012 conference. GOProud was founded in 2009 by two former Log Cabin Republican staffers and its co-founder Chris Barron told me that one of the first things they did was send a check to the ACU to co-sponsor CPAC. They were accepted as sponsors in 2010 and in 2011, but social conservatives mobilized against them and ultimately prevailed.

...GOProud is not really the point. The point is the principle, which is: it’s not OK to ban organizations for reasons of pure bigotry. But the ACU does this because there’s a powerful constituency within conservatism that won’t have it any other way. It may not even be a majority of conservatives at this point, as a number of conservatives have said to me, but the bigots have enough juice that they call the shots. [MORE including video]

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Joseph Pomponio's comment, February 24, 2013 8:51 PM
I saw the broadcast. This young man is intelligent, straight forward, understanding and empathetic. I may not agree with everything he says, but I respect him.
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Press "1" For Democracy w Dan Aronson 10 PM ET - Feb 26,2013

Press "1" For Democracy w Dan Aronson 10 PM ET - Feb 26,2013 | Coffee Party News | Scoop.it
Press 1 for Democracy will center on the issues of the day most germane to the Party's core objectives.
Coffee Party USA's insight:

Informative incite with a concept and hope to facilitate solutions to the problems we face in government. Tune in and be informed.

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Poll: Should Taxpayers Fund Political Campaigns?

Poll: Should Taxpayers Fund Political Campaigns? | Coffee Party News | Scoop.it

In this week's episode, Bill talks with two fair elections advocates working to get big money out of political campaigns. One approach they support is public (Yes! MT @MoyersStaff: Should tax $$ instead of large donors pay for political campaigns?

Coffee Party USA's insight:

Take this poll on money in politics. My suggestion; since we elect our representatives, they work for us, collect some fee for their public appearances and press coverage. use these fees to augment or pay for campaigns. 

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Rhett Rebold's comment, April 7, 2014 11:09 PM
I think taxpayers money should be used to fund elections - which should be regulated to be shorter and cheaper. Germany does this with pretty good success. If this is done we are more likely to have legislators who do put money into the important things that their constituents value - not into corporate welfare or laws that only benefit the 1%.
naknuts37's curator insight, May 7, 2014 6:41 PM

This article talks about whether taxpayers should fund political campaigns. Why it relates to gov and law is because campaigns are a large part of politics. This article also allows you to take a poll if you want to support taxpayers funding political campaigns. 

khedlu17's curator insight, May 8, 2014 10:44 AM

In response to naknuts37: 

This article talks about whether or not taxpayers should fund political campaigns. What are some disadvantages to taxpayers funding campaigns? Should every state have taxpayers funding campaigns? The advantages to this would be that middle class candidates without access to big donors are able to run for office. 

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40% of Americans Now Make Less Than 1968 Minimum Wage

40% of Americans Now Make Less Than 1968 Minimum Wage | Coffee Party News | Scoop.it
You may have seen charts like the one to the right from the Economic Policy Institute, showing how working people’s wages stopped going up along with productivity gains.
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The coming R&D crash

The coming R&D crash | Coffee Party News | Scoop.it

Excerpts from article by Brad Plumer, Washington Post


Many economists agree that private companies tend to under-invest in very basic scientific research, since it’s hard for one firm to reap the full benefits from those discoveries. So the federal government, which now funds 60 percent of all basic research in the United States, is likely irreplaceable here. What’s more, studies have found that many types of government R&D spur private companies to conduct their own additional research. That is, the two are complementary, not substitutes.


...There are a few ways to interpret this chart. The sanguine view is that other countries are tossing more money at scientific research that will have positive spillover benefits for the entire world — including us. If China invents a cure for cancer, we all benefit.
 

Others worry, however, that the U.S. economy could suffer from the fact that a greater share of research is happening elsewhere. A 2012 report by the National Science Foundation, for instance, found that U.S. firms were now shifting much of their R&D work overseas. And the United States has recently developed a trade deficit in high-technology goods, after surpluses during the 1990s. [MORE]


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Joseph Pomponio's comment, February 27, 2013 7:48 AM
thought provoking article. must read for certain Congress in the house that chair the committees controlling funding.
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Filmmakers' Diary: Annabel Park

by ERIC BYLER, Story of America


In six years of collaboration, this is the first time I've uploaded a video of Annabel Park and me discussing our work. The night before, we had watched a classic documentary by Ross McElwee called Sherman's March, and, as Annabel was dropping me off at the airport, we began a conceptual exchange about our new film, Story of America. Annabel came up with a new idea that I thought worth recording. 
 

I didn't have a camera on me, but I turned on the voice recorder on my iPhone while she completed her thought. Then when we arrived at the terminal, I turned on the video function and asked her to say it again. [MORE]

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SEQUESTER: A real concern or a manufactured crisis?

SEQUESTER: A real concern or a manufactured crisis? | Coffee Party News | Scoop.it

Last night's Coffee Party Radio show examined the Sequester in a broader context: including the absurdity of political theater, media coverage, taxes, Keynesian economics, and the shifting national debate.

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Sequester Misfire: Eric Cantor’s World of Warcraft Nonsense

Sequester Misfire: Eric Cantor’s World of Warcraft Nonsense | Coffee Party News | Scoop.it

In search of wasteful government spending, Eric Cantor sets his pants on fire. The question is why they should have to lie to make their point.


by John Avlon, The Daily Beast


Eric Cantor fired off a press release last week titled Mr. President, Spending is Clearly the Problem in Washington, arguing against a grand-bargain solution to sequestration in favor of an all domestic-spending-cuts approach and offering an apparently useful list of waste, fraud, abuse and duplication as prime candidates for the chopping block.


Much of the Majority Leader’s list, though, was made up of the kind of evidently no-brainer cuts that have bumper-sticker appeal but urban legend-esque documentation. But for a congressional office dedicated to the idea that wasteful government spending abounds, the seven targets listed were thin gruel, including an IRS TV studio that costs $4 million a year to operate; a $47,000 Veterans Affairs expenditure on a “cigarette smoking machine” and this:

Pay to Play Videogames: The National Science Foundation spent $1.2 million paying seniors to play World of Warcraft to study the impact it had on their brains.

If true, this is good stuff – exactly the kind of idiotic expense that makes citizens slap their foreheads in frustration. Cantor tweeted his World of Warcraft find far and wide and 8 congressmen quickly pressed retweet.

But there’s just one problem: it ain’t true. [MORE]

Coffee Party USA's insight:

Fabrication at its finest. What else in the sequester battle will be like this?

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Mason Mettler's curator insight, February 25, 2013 8:28 PM

I think congress need to reach a compromise of tax increases and spending cuts to avert the sequester.  Cantor's examples of wasteful government spending won't get the job done, especially when they are complete fabrications. 

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The GOP revival must go beyond joining Twitter

The GOP revival must go beyond joining Twitter | Coffee Party News | Scoop.it
Technology alone won’t revive the party.
Coffee Party USA's insight:

Here is a point of view that comes from inside the GOP in this article.

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Sequester would cut funds to education, public safety - KARE

Sequester would cut funds to education, public safety - KARE | Coffee Party News | Scoop.it

Sequester would cut funds to education, public safety
KARE Cuts include 7 million dollars for primary and secondary education, as well as 9.2 million for teachers and aides helping students with disabilities.

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The Flawed Objections to Corporate Political-Spending Disclosures

The Motley Fool - Why some oppose political-spending disclosures -- and why they’re wrong.
Coffee Party USA's insight:

If your investment firm were to financially support a candidate, would it bother you? If you you weren't in favor of the candidate? Should the money be kept in house and used to further everyones investments? A very good read.

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10 Phrases Progressives Need To Ditch (And What We Can Say Instead)

10 Phrases Progressives Need To Ditch (And What We Can Say Instead) | Coffee Party News | Scoop.it
If we want people to think well of our agenda, then we need to use our words.
Coffee Party USA's insight:

Some very good changes in terms we use that I believe will prove effective in our discourse.

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Portland Coffee Party's comment, February 25, 2013 1:04 PM
I humbly disagree. This type of marketing exercise is a disgusting reflection of today's political leadership in America (I am only assuming the author feels they are a leader). The ideas described here are powerful enough to stand on their own. You don't have to put "spin" on them. Only morons can be fooled by clever word-play -- and these are not all that. Here's a novel approach; try and be BETTER than the current load of slick-willies and crap peddlers that pervade Washington and the 1% media. Sit down with your neighbors and have an honest discussion surrounding desired policies instead of coming up with a better slogans. Remember: If you roll in the mud with the other pigs, you'll only end up covered in the same filth and stench.
Joseph Pomponio's comment, February 25, 2013 7:52 PM
Good point, I wish all voters were like you. Unfortunately we still live in a era of political politeness, like it or not.
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‪'Capitalism Hits the Fan': A Lecture by Richard Wolff on the Economic Meltdown

‪'Capitalism Hits the Fan': A Lecture by Richard Wolff on the Economic Meltdown | Coffee Party News | Scoop.it

Excerpt from BillMoyers.com
 

"Economist Richard Wolff believes capitalism has spun out of control, is not salvageable in its current state, and that nothing short of a major systemic overhaul is needed to get America back on track and fix the problems that unraveled our economy.

In his lecture, “Capitalism Hits the Fan,” Professor Wolff dissects the 30-year-old root causes of the recent financial crisis. He explains how a combination of factors — outsourced jobs, flat wages, soaring credit card debt and the biggest corporate profits in history — led to the most severe economic crisis of his lifetime."

Coffee Party USA's insight:

Thanks to the non-profit, Media Education Foundation for permission to post “Capitalism Hits the Fan.” This curator is also very grateful that this non-profit, educational resource allowed Bill Moyer's to post this valuable lecture.

 


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States Take Sides As Court Revisits Voting Rights Act

States Take Sides As Court Revisits Voting Rights Act | Coffee Party News | Scoop.it
The last time the Supreme Court heard a challenge to the Voting Rights Act of 1965, only one state asked that its key provision be struck down.
Coffee Party USA's insight:

While this law has stood for decades, SCOTUS will decide if it continues. Consider the last election with its voter registration, long lines and voter law advertising, how do you feel? 

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Lessig on "Aaron's Laws - Law and Justice in a Digital Age"

Lawrence Lessig marked his appointment as Roy L. Furman Professor of Law and Leadership at Harvard Law School with a lecture titled "Aaron's Laws: Law and Justice in a Digital Age." The lecture honored the memory and work of Aaron Swartz, the programmer and activist who took his own life on Jan. 11, 2013 at the age of 26.

Coffee Party USA's insight:

“Aaron’s Law” by Professor Lessig is not a short talk. This is an amazingly important and moving talk for any patriotic or concerned citizen to hear all the way through. Definitely get a full pot of coffee or your tea and a bagel and plan to settle in to give it your full attention and I don't think you will ever regret the time you spend to listen.  Professor Lessig of Harvard Law School is well worth your time as he tells us a story that matters in such a media/information intense age. The talk is not about political parties, voting, next elections, the economy, or health care, gun control, immigration, or war, or any certain things as those and at the same time it is about all of those. This is about one very young 12 year old boy’s pursuit to “Make the World a Better Place” and as he grew he acted upon that single dream for his full 26 years..

 

 Sir Tim Berners-Lee, "The Father of the World-Wide Web” as many refer to him, posted on twitter about this young person, Aaron, that he too had he had worked with:

 

Tim Berners-Lee ‏@timberners_lee

Aaron dead. World wanderers, we have lost a wise elder. Hackers for right, we are one down. Parents all, we have lost a child. Let us weep.

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Joseph Pomponio's comment, February 24, 2013 8:54 PM
This is a You Tube video and streaming on my end was poor. I can empathize with his childhood quite easily. We need more like him.
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Van Jones: Nothing Stops a Bullet Like a Job

Van Jones discusses solutions to gun violence with CNN's Piers Morgan
Coffee Party USA's insight:

Van Jones in this video brings up crucial points about stopping gun violence that both left and right sides of thought can agree about.

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