Cross postedfrom The Stars Hollow Gazette

Since 1962 the debt ceiling has been raised 74 times. Under George W. Bush, it was raised ten times without amendment. The current fiscal problems were caused by the Bush tax cuts, the Afghanistan and Iraq Wars and the economic downturn that both Republicans and Democrats refuse to realistically address by investing in this country, raising revenue, yes taxes, and closing the tax loop holes for corporations. The deficit will not be reduced by ending Medicare and decimating Medicaid and forcing seniors to pay 68% of the costs. That Medicare is even on the table without the tax increases for the top 1% should be a non-starter for negotiations on limiting the debt or raising the debt ceiling. The only reason that I can see this is even a discussion is that the President and the Democrats are beholding to the health care industry and pharmaceutical companies that would benefit in the trillions of dollars if Medicare and Medicaid are ended.

Every Democrat in the House who voted “nay” on the clean bill to raise the debt ceiling should be primaried with a real Democrat who will vote for the best interests of the middle class and the poor and not negotiate away their safety nets to make the rich wealthier.

Cross posted from The Stars hollow Gazette

The GOP staged a debt ceiling “stunt” vote by presenting a clean bill to the floor of the House under suspension of the rules. Suspension of the rules requires a 2/3 vote, allows only 40 minutes of debate and prohibits amendments. Chris Hayes, an editor at the Nation sitting in for Lawrence O’Donnell, discusses the House vote on this not so funny “joke” with Rep. Earl Blumenauer (D-OR).

Jon Walker at FDL observes

This move is the ultimate expression of political kabuki, and goes beyond just a show vote. Even if there were a majority of the House that supported voting for a clean debt ceiling increase, due to suspended rules, they now have no incentive to actually vote for the bill. After all, voting to raise the debt ceiling isn’t very popular, so knowing this bill can’t get a two-thirds vote, individual members have no reason to take an unpopular vote that will end up doing nothing.

Boehner isn’t having a vote on a clean bill to prove it can’t pass without major concessions, he has preordained the bill’s failure, taking away members’ reasons to actually vote for the bill, therefore assuring the final roll call will look very bad. Boehner will then point to this big failure he himself guaranteed as somehow justifying his making even more demands.

The hostages takers are demanding even more ransom and they won’t be satisfied until all the hostages are dead.

Cross Posted from The Stars Hollow Gazette

Leave it to the District Attorney of Manhattan to do what the Obama DOJ failed to do, investigate properly the fraud that led to the economic crisis.

Goldman Receives Subpoena Over Financial Crisis

By Andrew Ross Sorkin and Susanne Craig

Goldman Sachs has received a subpoena from the office of the Manhattan district attorney, which is investigating the investment bank’s role in the financial crisis, according to people with knowledge of the matter.

The inquiry stems from a 650-page Senate report from the Permanent Subcommittee on Investigations that indicated Goldman had misled clients and Congress about its practices related to mortgage-linked securities.

Senator Carl Levin, Democrat of Michigan, who headed up the Congressional inquiry, had sent his findings to the Justice Department to figure out whether executives broke the law. The agency said it was reviewing the report.

The subpoena come two weeks after lawyers for Goldman Sachs met with the attorney general of New York’s office for an “exploratory” meeting about the Senate report, the people said.

From Talking Points Memo:

Manhattan DA Subpoenas Goldman Sachs Over Financial Crisis

The subpoena is apparently based on information contained in a Senate Permanent Subcommittee on Investigations report on Wall Street’s role in the housing market collapse. The report was critical of Goldman Sachs, and accused the bank of misleading buyers of mortgage-linked investments.

Adapted from On This Day In History from The Stars Hollow Gazette

On this day in 1962, Ray Charles takes country music to the top of the pop charts.

Ray Charles was one of the founding fathers of soul music-a style he helped create and popularize with a string of early 1950s hits on Atlantic Records like “I Got A Woman” and “What’d I Say.” This fact is well known to almost anyone who has ever heard of the man they called “the Genius,” but what is less well known-to younger fans especially-is the pivotal role that Charles played in shaping the course of a seemingly very different genre of popular music. In the words of his good friend and sometime collaborator, Willie Nelson, speaking before Charles’ death in 2004, Ray Charles the R&B legend “did more for country music than any other living human being.” The landmark album that earned Ray Charles that praise was Modern Sounds in Country and Western Music, which gave him his third #1 hit in “I Can’t Stop Loving You,” which topped the U.S. pop charts on this day in 1962

Executives at ABC Records-the label that wooed Ray Charles from Atlantic with one of the richest deals of the era-were adamantly opposed to the idea that Charles brought to them in 1962: to re-record some of the best country songs of the previous 20 years in new arrangements that suited his style. As Charles told Rolling Stone magazine a decade later, ABC executives said, “You can’t do no country-western things….You’re gonna lose all your fans!” But Charles recognized the quality of songs like “I Can’t Stop Loving You” by Don Gibson and “You Don’t Know Me,” by Eddy Arnold and Cindy Walker, and the fact that his version of both of those country songs landed in the Top 5 on both the pop and R&B charts was vindication of Charles’s long-held belief that “There’s only two kinds of music as far as I’m concerned: good and bad.”

Ray Charles Robinson (September 23, 1930 – June 10, 2004), known by his shortened stage name Ray Charles, was an American musician. He was a pioneer in the genre of soul music during the 1950s by fusing rhythm and blues, gospel, and blues styles into his early recordings with Atlantic Records. He also helped racially integrate country and pop music during the 1960s with his crossover success on ABC Records, most notably with his Modern Sounds albums. While with ABC, Charles became one of the first African-American musicians to be given artistic control by a mainstream record company. Frank Sinatra called Charles “the only true genius in show business.”

Rolling Stone ranked Charles number 10 on their list of “100 Greatest Artists of All Time” in 2004, and number two on their November 2008 list of “100 Greatest Singers of All Time”. In honoring Charles, Billy Joel noted: “This may sound like sacrilege, but I think Ray Charles was more important than Elvis Presley. I don’t know if Ray was the architect of rock & roll, but he was certainly the first guy to do a lot of things . . . Who the hell ever put so many styles together and made it work?”

Cross posted from The Stars Hollow Gazette

The (un)Patriot Act was passed, unamended, without debate, and signed by President Obama, who was still in Europe, with a robotic pen before it could expire. Sen. Ron Wyden (D-OR), who along with several other liberal senators, had proposed an amendment that put an end to the government secret interpretation of the law, cut a deal with Senate Majority Leader Harry Read (?-NV) and Sen. Diane Feinstein (?-CA) to withdraw the amendment. Reid promised to hold hearings on secret law, and, if his concerns were not met, propose his amendment at a later date.

I long ago gave up any hope of change from the current regime. It’s obvious that they have shed their skins and revealed themselves to be no better than the Bush/Cheny criminal regime that they are covering.

George Washington University law professor, Jeffrey Rosen, joins Cenk Uygur to discuss the (un)Patriot Act, its unconstitutionality, the duplicity of Harry Reid and how American’s really do not understand what is in this bill.

Say good-by to the First, Fourth and Fifth Amendment, as well as, Article III courts.