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The Most Under-Covered Success Story Of The Obama Era

About two years ago, NBC News establisheda tough benchmark: “As the GM bailout goes, so goes the Obama presidency.”

With that in mind, Jonathan Cohn offers us a helpful update on where things stand.

On Thursday General Motors announced that, for the fifth consecutive quarter, it had made a profit. And not just a measly one, either. The $3.2 billion was higher than experts had predicted and more than three times the profit of the same quarter in 2010, when the company was still struggling to emerge from its bankruptcy.

GM sales in North America were up 25 percent over that period. That reflects the recovery, obviously, but the increase in GM sales was still larger than the industry average. Even if GM can’t keep up that pace, it’s a sign of increasing health.

Still, the most interesting part of the news is not the profit itself. It’s how GM made it.

Right. After the federal intervention to rescue the automotive industry, GM shifted its focus, reducing excess capacity and developing a better lineup of fuel-efficient cars and crossover vehicles. It’s proven to be quite successful.

Cohn noted that GM recovery has not been flawless, and the transition has been painful for many. He concluded, however, “[I]f not for the Obama Administration’s intervention, the entire American auto industry might very well have collapsed and taken the Midwest with it. Instead, the industry is on the rebound, at least for now. That’s not bad for government work. Not bad at all.”

I’d just add, from a purely political perspective, that Republicans still consider this a failure. As far as the right is concerned, the Obama administration’s rescue of the American automotive industry wasn’t just wrong, it was one of the president’s most dreadful mistakes. Confront conservatives with reports like the latest from GM, and the response tends to be that the success of the policy doesn’t change anything.

The thesis about the right valuing ideology over practical results needs no better example.

By: Steve Beden, Political Animal, The Washington Monthly, May 5, 2011

May 6, 2011 Posted by | Bankruptcy, Democrats, Economic Recovery, GOP, Government, Ideology, Journalists, Media, Politics, Press, Republicans, Right Wing | , , , , , | Leave a comment

“Christian Economics” Meets The Anti-Union Movement

Gary North was nearly impossible to track down. He did not return multiple e-mails, and when finally reached by phone, he refused to talk and hung up.

But if you know where to look, he is everywhere.

Mr. North, a onetime aide to Representative Ron Paul of Texas, a possible 2012 Republican presidential candidate, is the leading proponent of “Christian economics,” which applies biblical principles to economic issues and the free market.

Largely unknown to the broader public, Mr. North is an influential figure on the American far right. He has written dozens of books, blogs prolifically and is on the curriculum of Christian home-schoolers across America.

He may even have turned up among the antiunion protesters in Madison, Wis., this year.

Not literally, of course (and who would have recognized him if he had been there?). But Christian conservatism and free-market conservatism meet in Mr. North’s writings. A small but vigorous part of the conservative movement has absorbed his view that the Bible is opposed to organized labor, and especially to organized public employees.

“Not only do Reconstructionists believe that public employees should not have the right to organize, they believe that almost all of them should not be public employees,” writes Julie Ingersoll, of the University of North Florida, in the Web magazine Religion Dispatches. “Most of the tasks performed by those protesting the Wisconsin state budget would, in the biblical economics of North,” be privatized.

These “Reconstructionists” are believers in Christian Reconstructionism, the philosophy of R. J. Rushdoony, who died in 2001. According to Reconstructionism, a Christian theocracy under Old Testament law is the best form of government, and a radically libertarian one. Biblical law, they believe, presupposes total government decentralization, with the family and church providing order. Until that day comes, Reconstructionists believe the rights to home-school and to worship freely at least provide the barest conditions of liberty.

Mr. North, who is Mr. Rushdoony’s son-in-law but was not on speaking terms with him from 1981 until Mr. Rushdoony’s death, focuses on how that biblical libertarianism applies to economics. He concluded that the Bible forbids any welfare programs, is opposed to all inflation, and requires a gold-coin standard for money.

“God has cursed the earth,” Mr. North writes, alluding to the Book of Genesis in his 1973 book “Introduction to Christian Economics. “This is the starting point for all economic analysis. The earth no longer gives up her fruits automatically. Man must sweat to eat.” Mr. North writes that no form of government assistance “will escape the ethical limits” of the Apostle Paul’s dictum, in II Thessalonians, that “if any would not work, neither should he eat.”

And evidence that God would prefer gold money to paper can be found throughout the Old Testament, according to Mr. North. There are more than 350 references to gold in Strong’s famous Bible concordance, he writes. Gold is used in worship, godly wisdom is compared to gold and the Hebrew prophets used the debasement of metals as a metaphor for immorality.

Home-schoolers can download Mr. North’s economics textbook free from his Web site. And his thinking may have influenced Representative Paul, who briefly employed Mr. North as a speechwriter, working on monetary policy, in 1976.

Michael J. McVicar, who teaches at Ohio State and wrote a doctoral dissertation on Mr. Rushdoony, said Mr. North discovered Mr. Rushdoony’s writing as a young man in Southern California, shortly after he became, along with his parents, an evangelical Christian.

“He corresponded with Rushdoony and made this his livelihood: to generate some synthesis between biblical law and libertarian economics,” Mr. McVicar said. “Eventually Rushdoony took him under his wing and became a sort of surrogate father for North, who married one of Rushdoony’s daughters.”

The two men’s “spectacular break,” as Mr. McVicar calls it, split Reconstructionism into two camps. The break was partly over the kind of theological minutiae that would impress even a rabbinical scholar. In fact, one issue might pique the interest of real rabbinical scholars.

“It was about North’s interpretation of, of all things, Passover and the Israelites’ marking the doorposts with the blood of the lamb,” Mr. McVicar said. “North made this argument, that because of the doorpost’s structure, that this was an indication of hymenal blood from the marriage bed, and tied it into what Rushdoony called this ‘fertility cult’ mentality. And Rushdoony took a much more common-sense approach to the blood.

“The subtext is, it’s a father-son spat,” Mr. McVicar concluded.

The deeper one looks into the obsessions of Mr. North — who was born in 1942 and who as of 2007 lived in Horn Lake, Miss. — the harder it is to spot his influence in Wisconsin. The main themes of the Wisconsin budget battles were union influence, the distribution of wealth and the public fisc; Mr. North, by contrast, is associated with his own brand of far-right Presbyterianism, gun-owners’ rights, home-schooling and the gold standard for money.

Mr. McVicar believes that Professor Ingersoll’s attempted connection between Christian economics and the rallies in Madison is a bit tenuous. “Her insight has to be in my mind so heavily qualified as to make it almost nothing,” he said. But he concedes that it “has the most basic essence of truth,” given how widely Mr. North’s teachings have been disseminated on the Christian right.

Professor Ingersoll concedes it is difficult to prove direct connections between Mr. North’s writings and Wisconsin antiunion conservatism. On the other hand, Mr. North might like to think he has influenced the Wisconsin debate, and he has written in vociferous support of Gov. Scott Walker.

And, as Professor Ingersoll cautions, influence does not always announce itself:

“I like to say, ‘How many Christians know who is Augustine is, and how he influenced them?’ ”

By: Mark Oppenheimer, The New York Times, April 29, 2011

May 1, 2011 Posted by | Collective Bargaining, Conservatives, Democracy, Government, Ideologues, Ideology, Liberatarians, Politics, Religion, Right Wing, Union Busting, Unions, Wisconsin | , , , , , , , , , , , , , , , , | Leave a comment

A Catastrophe For America: Liberals Should’t Even Consider Gloating About Donald Trump

Now that Donald Trump appears on the verge of launching a presidential campaign, it is worth reflecting on the meaning of this low moment in American political history. Trump is a clown and a buffoon, and the odds of him winning even one Republican caucus or primary appear slim. But there is no denying that Trump has managed to tap into something genuinely worrisome in American politics. Democrats may be tempted to take pleasure in the fact that Trump will likely push the GOP presidential field to the right, and thereby help Obama in 2012. But this would be sheer myopia, and any delight over Trump’s arrival on the political scene is entirely misplaced. The Trump ascendancy calls not for glee, but for serious concern about the state of our country.

It’s true that the media erred in awarding Trump such a large spotlight—did all the cable news networks really have to cover his press conference on Wednesday?—but, at this point, the Trump phenomenon does not seem to be a mere media creation. His popularity (he currently leads in several polls) can no longer be denied. So what is Trump’s appeal? Why do his message and vulgar personality resonate with such a significant percentage of Americans? Trump’s embrace of birtherism has been the most widely discussed aspect of his rise. But this only scratches the surface of the Trump phenomenon.

What Trump actually stands for is an exaggerated sense of victimhood. This is the theme that unites his personal style with the political views he has thus far expressed. Are you tired of being pushed around? Are you tired of our country being pushed around? Trump’s political acuity lies in his ability to take these grievances and turn them into politics. His foreign policy views in essence consist of a pledge to bully other nations.Chinais “decimating our country.” OPEC is imperiling the economy. And ungrateful Libyans and Iraqis are trying to build a society from oil that is rightfully ours. (“We won the war. We take over the oil fields. We use the oil.”) When Bill O’Reilly, in an interview with Trump, seemed taken aback by the idea that we could simply force OPEC orChinato do our bidding, Trump appeared surprised that anyone could view international relations as anything more than a contest of machismo. “The messenger is the key,” Trump told O’Reilly. “If you have the right messenger and they know how to deliver the message … you’re going to scare them, absolutely.”

Trump’s thinly veiled accusation that President Obama benefited from affirmative action when he applied to college derives from the same theme. This time the victims aren’t Americans as a whole, they are white Americans; but the message—of anger, resentment, and victimhood—is identical.

Americais currently engaged in three wars. The country faces major economic challenges. Global warming is continuing apace. There is no chance any of these issues can be solved by yelling at foreign countries, or stirring up anger at Iraqis or Libyans or minority applicants to elite colleges. Donald Trump has appointed himself spokesman for some of the nastiest impulses in American politics, and he seems to have a following. The sooner the Republican mainstream rejects him, the better. And we liberals should be cheering them along as they do.

By: The Editors, The New Republic, April 29, 2011

May 1, 2011 Posted by | Bigotry, Birthers, Conservatives, Democrats, Donald Trump, Economy, Elections, Exploratory Presidential Committees, GOP, Ideology, Journalists, Media, Politics, President Obama, Press, Pundits, Racism, Republicans, Right Wing | , , , , , , , | 1 Comment

We Don’t Have A Spending Problem, We Have A Fraud Problem

Conservatives seem to have a knack for changing the subject whenever their backs are up against the wall. Over the last several weeks, there has been an orchestrated chorus  by the House Republicans in particular to define the so-called “deficit problem” in terms of a wild spending binge by the federal government and the Obama administration. They seem to have easily forgotten who got us into this mess in the first place. That aside, everyone from Speaker John Boehner to Sen Mitch McConnell have been bellowing throughout the halls of Congress and at every available microphone that “We don’t have a revenue problem, we have a spending problem”.

It’s amazing how we all have bought into this line. The media, in its usual rush to get a headline or sound bite, immediately picked up this line and has been the waterboys for the GOP by enabling this hoax on the American people. The focus in most circles has been on spending cuts. Well, we need to re-characterize what is actually going on here. We don’t have a spending problem..we have a fraud problem.

This fraud has been played on the American people by an ideologically depraved Republican party for at least the last ten years. They have made everybody believe that if we just make the wealthy wealthier, somewhere down the road, we will all benefit. There would be job creation with full employment, small businesses would thrive, home prices would fall, gas would cost less than two dollars a gallon and there would be a chicken in every pot. And we believed it hook, line and sinker. Now we are back to square one. None of these things have happened except the fact that we have indeed made the wealthy wealthier. In 2010,  the 400 Americans with the highest adjusted gross revenue incomes averaged $345 million. The average federal income tax was 17%, down from 26% in 1992. The income gap just keeps getting wider. Why  does this continue to happen? Because we let it happen.

Just last week, Standard and Poor’s accentuated the Republican clarion that the sky is falling. This call comes from the same S&P who supported every toxic waste subprime security under the sky, the same S&P  who sold its ratings to the highest bidder. Regulators have also assisted the GOP in their fraud. The Office of the Currency has gone out of its way to protect its clients, ie the banks. Efforts to reign in the banks and stop their predatory loan practices have been foiled at every turn. Even the banks are too big to fail. Profits for banks, corporations, CEO’s, Wall St and the wealthy just keep soaring. There is a lot of back scratching going on here, by and for a lot of wealthy people.

Now that the cat is out of the bag, all of these wealthy people are trying to figure out a way to take the spot light off themselves. They are beginning to see that they may not be able to stave off demands any longer that they pay their fare share. People who have been adversely affected for so many years are now demanding that this fraud be stopped. Teachers and other low wage earners, the poor, seniors, students and union members have all come to believe that they have sacrificed enough. Even some tea party members are beginning to see the light.

For too many years, the Republicans and their wealthy friends have had their hands in everybody’s pockets. Your pocket was the revenue stream for them. General Electric and the Koch Brothers were probably happier than anyone. The Republicans were also happy because their happy friends provided the cover that allows them to do whatever they want to in terms of policy. Being the ideologues that they are, this protection gives them unimpeded opportunity to push forward with their agenda, from dissolving women’s rights, overturning the Affordable Care Act, union busting, replacing Medicare with vouchers and completely eliminating any sense of environmental protection just to name a few. With happy and contented wealthy backers behind you for so many years, how could you go wrong. My, how things are changing.

The revenue stream that the Republicans have depended on for so long is now drying up…that stream is you. They are finding that when they put their hands in your pockets now, they are feeling the seam of the sewn pocket. There just isn’t any more money there. They become flushed and filled with extreme panic, finally realizing that they are going to have their taxes raised after all these years. Their backs are against the wall. So what do they do now? Change the debate..”Let’s raise taxes on everybody”. Nice try!

It’s well past time that shared sacrifice mean exactly what it says. It is no longer acceptable that the poor, under privileged, seniors and the disenfranchised continue to carry the load for corporations, Wall St and their deadbeat tax-evading friends. No, let’s not raise taxes on everybody. Let’s end the fraud and insist that the wealthy start paying taxes just like everyone else. This being Easter Sunday, this may be a good symbolic time to increase taxes only for the rich. We should leave that rate in place for oh say, the next 40 years. Besides, they have accumulated a fair amount of wealth over the years and should easily be able to live off that profit during that time. Perhaps take a trip or two or just wander around the world enjoying their spoils. We will pledge to re-visit this issue after that time. If, and only if,  the middle class has reached a level playing field, then we can talk about lowering the tax rate for the wealthy. I think Moses and the Pharaoh’s would be happy with this compromise.  So it is written, so let it be done.

By: raemd95, mykeystrokes.com, April 24, 2011

April 24, 2011 Posted by | Affordable Care Act, Banks, Businesses, Class Warfare, Congress, Conservatives, Consumers, Corporations, Deficits, Democracy, Economy, Equal Rights, Federal Budget, Foreclosures, General Electric, GOP, Government, Health Care, Ideologues, Ideology, Income Gap, Jobs, Journalists, Koch Brothers, Labor, Lawmakers, Medicare, Middle Class, Politics, President Obama, Press, Public, Pundits, Regulations, Republicans, Right Wing, Standard and Poor's, Tax Increases, Taxes, Tea Party, Unemployed, Unions, Wall Street, Wealthy, Womens Rights | , , , , , , , , | 1 Comment

Insuring The Elderly, Insuring The Poor

Democrats, Republicans and Independents all believe the government is responsible for providing health care to the elderly. Democrats and independents, but not Republicans, believe the government should also provide health care to the poor:

All groups are more likely to favor guaranteed health care for the elderly than for the poor. But the dropoff between the two policies is very different. Democrats by a plus 77% margin favor covering the elderly, but only favor covering the poor by a 52% margin. That’s a 25 percentage point gap between covering the elderly and covering the poor. For independents, the falloff is a very similar 28 percentage points. For Republicans, the falloff is 61 percentage points, from a +15 point margin for covering the elderly to a -46 point margin for covering the poor.

The best way to understand this is by grasping the link between ethnocentrism and support for universal entitlements and both opposition to means-tested entitlements. Ethnocentric attitudes among whites, controlling for all other beliefs, correlate with support for universal programs and with opposition to programs for the poor. White racial conservatives favor programs that benefit people like them — and hey, everybody gets old — and oppose programs for people unlike them — the poor being disproportionately non-white, and even more proportionately so in the white imagination.

April 23, 2011 Posted by | Class Warfare, Conservatives, Equal Rights, GOP, Government, Health Care, Ideology, Income Gap, Independents, Medicaid, Medicare, Middle Class, Politics, Public Opinion, Republicans, Right Wing, Seniors, Under Insured, Uninsured, Voters | , , , , , , | 1 Comment