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How to Unparalyze Us
New York Times, by Thomas L. Friedman
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Original Article
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Posted By:LittleHoodedMonk, 2/16/2013 2:34:13 PM
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| I was struck by one particular moment during President Obama’s State of the Union address. The president proposed a $1 billion investment to build a new National Network for Manufacturing Innovation to spur high-tech manufacturing in America. (Snip) Message: There is no doubt our economy is primarily being held back by the deleveraging and drop in demand that resulted from the 2008 financial crisis. But they are being reinforced today by uncertainty and worry that we do not have our political house in order and, therefore, our tax, regulatory, pension and entitlement frameworks
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Comments: It seems that Mr. Friedman was sitting in the gallery next to Tim Cook from Apple. Unknowenly, Tom points out that Tim, like many other CEO´s are all sitting on BILLIONS, waiting for the economy to make financial success for them to invest. And, under any 0bama take from the rich and give to whoever, it won´t happen. So, 0bama has to go to Congress to beg for money to open yet another "office," for another "Czar." Meanwhile, it´s the conservative GOP that is holding back the workforce... Right.
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Reply 1 - Posted by:
juststop, 2/16/2013 2:42:56 PM (No. 9180373)
I was recently told by a Venture capitalist, in California, that business owners are sitting on $12 Trillion dollars, waiting for the one to leave office.
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Reply 2 - Posted by:
krause, 2/16/2013 2:52:33 PM (No. 9180397)
Living within your means is now a "lurch to the far right."
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Reply 3 - Posted by:
tc1969, 2/16/2013 2:52:58 PM (No. 9180400)
Okay, now I guess that we can get started-Tom Friedman has spoken. Everybody knows that he´s just about (save for One) the smartest man on earth. Whew, I feel better now.
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Reply 4 - Posted by:
djcdjc, 2/16/2013 2:53:54 PM (No. 9180403)
Solyndrageddon.........
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Reply 5 - Posted by:
oh-heck, 2/16/2013 2:56:59 PM (No. 9180408)
The oil drilling firms in TX have no trouble raising capital. Nor do the pipe manufacturers. Nor is it a problem for companies that separate natural gas liquids from natural gas. Nor the companies putting in crackers to turn gas liquids into feedstocks for plastics. Nor for companies building rail cars to ship oil from ND and TX. I´d bet there is an inverse correlation between government involvement and capital availability.
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Reply 6 - Posted by:
wsdiego, 2/16/2013 3:27:18 PM (No. 9180445)
DRILL!
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Reply 7 - Posted by:
southron, 2/16/2013 3:32:52 PM (No. 9180454)
How much longer can the NYT stay afloat - surely it will sink soon.
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Reply 8 - Posted by:
bubby, 2/16/2013 3:35:13 PM (No. 9180455)
#1 If that is true they will still be sitting on it after 2016 because Hillary will be the next President and she will be just as bad if not worse than obama. The Democrats with the support of the Republicans will grant amnesty to all the illegals ensuring they will are be eligible to vote in 2016. With the illegal vote, voter fraud and media hyping that idiot Hillary as the world´s brightest women we´re screwed.
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Reply 9 - Posted by:
veritas, 2/16/2013 3:43:24 PM (No. 9180461)
FTA: The president proposed a $1 billion investment to build a new National Network....
´Til you understand that "investment" and "spending" are totally different things, please don´t try "explaining" anything.
FTA: But they are being reinforced today by uncertainty and worry that we do not have our political house in order and, therefore, our tax, regulatory, pension and entitlement [systems]....
IOW, Tommie, though you haven´t really figgered it out, they´re not stoopit enough to bet large chunks of a company, the whole company even [circumstances may make that the case], not knowing where, how, how much, or how expensively gov´t is going to interfere with the economy, their industry[ies], their corporate incomes, and so on.
So yeah, they´re on the sidelines. At least that has some life expectancy.
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Reply 10 - Posted by:
tnorling, 2/16/2013 3:59:30 PM (No. 9180477)
Thank you #5 you made my day. Exactly.
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Reply 11 - Posted by:
fleetusa, 2/16/2013 5:03:08 PM (No. 9180583)
Yep, lurch to the right. Just the culprit for NYT dummies. Choom doesn´t like to negotiate because whenever he really gets into a negotiation his libs feels he loses. Choom would rather dictate results and let the economy keep drifting while blaming it all on those terrible rightwingers.
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Reply 12 - Posted by:
Bluebonnet, 2/16/2013 5:06:23 PM (No. 9180588)
To try to maintain whatever semblance of sanity I have left, I do not read/listen to Thomas Friedman or Paul - the former adviser to ENRON who received a Nobel Prize in ECONOMICS - Krugman.
Seriously. Is there ANYONE with any economic sense that can swallow their bilge?
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Reply 13 - Posted by:
federale, 2/16/2013 5:10:05 PM (No. 9180598)
OK Tom, but what if Obama´s real goal is to continue income redistribution with the purpose of making all Americans equal in their misery -- like Cubans.
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Reply 14 - Posted by:
Blue-Z-Anna, 2/16/2013 5:32:55 PM (No. 9180622)
FTA- - - - - - - - -
What to do? To be sure, the G.O.P.’s lurch to the far right has been more responsible for this paralysis than the Democrats, but Barack Obama is president. He wants to succeed.
This is the foolish and defensive speculation of a committed liberal.
There is no evidence to support this assertion.
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Reply 15 - Posted by:
lakerman1, 2/16/2013 5:33:35 PM (No. 9180624)
I earned my B.S. in Business Administration from a major university in 1964. Business majors had to take 60 semester hours of business courses,and the other 60 hours had to be taken in non business subjects. And as part of the business courses, every student had to take two courses in production management. That is, how to build stuff in a factory. By the 1980s, production management disappeared from the curriculum. In place of it was corporate finance, money and banking, stuff related to making big bucks quickly, by manipulating money. I doubt the president has any clue about setting up innovation centers at universities. It is just one more way to throw tax money at a preceived problem.
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Reply 16 - Posted by:
Okie 52, 2/16/2013 5:39:46 PM (No. 9180632)
FTA: "First, new investments that would combine immediate jobs in infrastructure with some long-term growth-enablers like a massive build-out in the nation’s high-speed broadband capabilities."
What a bunch of gobbled-goop. TF doesn´t have a flipping clue as to what these words mean-he just thinks they sound smart. They mean zero, zip, nada. Oh, and we need todo this in 2013-right now. Chop chop. What a maroon!
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Reply 17 - Posted by:
jdmii, 2/16/2013 6:43:54 PM (No. 9180712)
Investing in imaginary projects is exactly what Bernie Madoff told his suckers. Obama is the Bernie Madoff of politics.
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Reply 18 - Posted by:
chance_232, 2/16/2013 7:04:58 PM (No. 9180734)
I dont listen too, read, or take "Economic" advice from democrats, socialists, or communists. And I especially ignore Friedman, Krugman and Robert Reich
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Reply 19 - Posted by:
hotcorner, 2/16/2013 7:20:22 PM (No. 9180746)
Friedman, as usual, lives in an alternative universe. Obama has no interest in growing the economy, reducing unemployment or getting investors off the sidelines. His goal is redistribution and making wealthier Americans poor for which he is rather good at. The New York Times will be looking for a government bailout with writers like Friedman. This piece could have been a high school kid´s essay.
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Reply 20 - Posted by:
doctorfixit, 2/16/2013 8:43:59 PM (No. 9180797)
I think the word "investment" should carry for liberals the same public revulsion as the use of the "N" word by anyone.
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Reply 21 - Posted by:
VAfreedomluver, 2/16/2013 8:44:35 PM (No. 9180799)
This is the same dope who thinks China´s authoritarian politics and their crony-fueled economy are just dandy.
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Reply 22 - Posted by:
Penney, 2/16/2013 9:25:03 PM (No. 9180824)
There he goes again! ...Little Tommy ´Tucker´ Friedman, ´sings for his supper,´ as it were? He will probably show up yet again next week on one of his regular theatrical appearances on the Charlie Rose tax-funded pbs show.
Time to defund pbs/npr propaganda.
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Below, you will find ...
Most Recent Articles posted by "LittleHoodedMonk"
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Most Active Articles (last 48 hours)
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Most Recent Articles posted by "LittleHoodedMonk"
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Trying to Plumb the North Korean Mindset
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Time Magazine, by Mark Thompson
Original Article
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Posted By: LittleHoodedMonk- 4/4/2013 10:47:20 PM
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The titting-for-tatting between North Korea and the U.S. continued Wednesday as the Pentagon announced it is dispatching a Terminal High Altitude Area Defense System (THAAD) ballistic missile defense system to Guam to shoot down any threatening North Korean missile launches. (Snip) In an escalating war of words, Pyongyang warned Thursday that its military has been given a green light to wage nuclear war on America. “We formally inform the White House and Pentagon that the ever-escalating U.S. hostile policy toward the DPRK and its reckless nuclear threat will be smashed by
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More deaths in China from new bird flu; U.S., Japan on guard
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Reuters, by Fayen Wong & Clare Baldwin
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Posted By: LittleHoodedMonk- 4/4/2013 10:38:11 PM
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Shanghai & Hong Kong - China said it was mobilizing resources nationwide to combat a new strain of bird flu that has killed six people, as Japan and Hong Kong stepped up vigilance and the United States said it was closely monitoring the situation. All of the 14 reported infections from the H7N9 bird flu strain have been in eastern China and at least four of the six dead are in the financial hub of Shanghai, a city of 20 million people. The strain does not appear to be transmitted from human to human but authorities in Hong Kong raised a preliminary alert and said they were taking precautions at the airport.
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Former Massachusetts US Sen. Scott Brown not ruling out run in New Hampshire
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Associated Press, by Staff
Original Article
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Posted By: LittleHoodedMonk- 4/4/2013 10:27:06 PM
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Nashua, N.H. - Declaring that he’s likely not done with politics, former U.S. Sen. Scott Brown from Massachusetts refused Thursday to rule out a run for office in New Hampshire, while describing the Granite State as “almost a second home.” (Snip) Asked if he might challenge Democratic Sen. Jeanne Shaheen of New Hampshire in 2014, Brown said: “I’m not going to rule out anything right now.” The former senator, now a Fox News contributor, won election to the Senate seat long held by Democrat Ted Kennedy after he died in 2009. Brown has been out of politics since January after losing
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Meet Cleta Mitchell, the Conservative Movement´s Anti-Gay Eminence Grise
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The Atlantic, by Jonathan Krohn
Original Article
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Posted By: LittleHoodedMonk- 4/4/2013 10:18:39 PM
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In 2011, a little-known group called GOProud was a sponsor of the Conservative Political Action Conference, the annual marquee event for the right. A staunchly right-wing, fiscally conservative group that also promoted a pro-life message, GOProud seemed like a great fit for the event. There was just one problem: GOProud´s main function was as a gay-rights group. Enter Cleta Mitchell. Mitchell was, and is, on the board of the American Conservative Union, which runs CPAC. After calls from angry social-conservatives who threatened to boycott the event if GOProud was allowed to
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Data Leak Shakes Notion of Secret Offshore Havens and, Possibly, Nerves
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New York Times, by Andrew Higgins
Original Article
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Posted By: LittleHoodedMonk- 4/4/2013 9:59:57 PM
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Brussels - They are a large and diverse group that includes a Spanish heiress; the daughter of the former Philippine dictator Ferdinand Marcos; and Denise Rich, the former wife of the disgraced trader Marc Rich, who was pardoned by President Bill Clinton. (Snip) But the enormous size of the data dump obtained by the International Consortium of Investigative Journalists, a Washington-based group that, along with affiliated news media organizations, announced its coup on Thursday, has punched a big hole in the secrecy that surrounds what the Tax Justice Network estimates are assets
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Japan Initiates Bold Bid to End Years of Tumbling Prices
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New York Times, by Hiroko Tabuchi
Original Article
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Posted By: LittleHoodedMonk- 4/4/2013 9:49:34 PM
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Tokyo - Haruhiko Kuroda, the new governor of the Bank of Japan, delivered on his promise to drastically change Japan’s economic policy to end a long, debilitating era of deflation. The nation’s central bank announced on Thursday that it would double the amount of money in circulation and try to produce annual inflation of about 2 percent. (Snip) This major shift in Japan’s monetary policy is a stark contrast to years of what many economists said was a halfhearted battle to end deflation. Deflation is a damaging fall in prices, profits and wages, and it weighs on economic growth.
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James Holmes´ psychiatrist warned of threat before attack
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Associated Press, by Staff
Original Article
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Posted By: LittleHoodedMonk- 4/4/2013 9:38:45 PM
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Denver - A psychiatrist who treated James Holmes told campus police a month before the Colorado theater attack that Holmes had homicidal thoughts and was a danger to the public, according to documents released Thursday. Dr. Lynne Fenton, a psychiatrist at the University of Colorado, Denver, told police in June that the shooting suspect also threatened and intimidated her. It was more than a month before the July 20 attack at a movie theater that killed 12 and injured 70. (Snip) Whitten said Fenton was following her legal requirement to report threats to authorities, according to a search warrant affidavit.
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Sen. Mark Kirk announces support for same-sex marriage
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Chicago Tribune [IL], by Katherine Skiba
Original Article
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Posted By: LittleHoodedMonk- 4/4/2013 4:04:18 AM
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Washington - Sen. Mark Kirk (R-Ill.) on Tuesday announced that he supports gay marriage, joining a growing list of U.S. senators who offer such support. "When I climbed the Capitol steps in January, I promised myself that I would return to the Senate with an open mind and greater respect for others,” he said in a statement. "Same-sex couples should have the right to civil marriage. Our time on this Earth is limited, I know that better than most. Life comes down to who you love and who loves you back -- government has no place in the middle," Kirk said. Kirk, from the Chicago suburbs,
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Federal judge who sent racist Obama email says he will retire
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Los Angeles Times, by Kim Murphy
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Posted By: LittleHoodedMonk- 4/4/2013 3:57:11 AM
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Seattle - The former chief federal judge in Montana has decided to retire at the conclusion of a misconduct investigation into a racist email about President Obama he forwarded to friends from his work computer last year. U.S. District Judge Richard F. Cebull, who had taken less-active senior status on the bench after the incident, will retire in May, the U.S. 9th Circuit Court of Appeals’ chief judge, Alex Kozinski, said in a statement. (Snip) The email had implied that Obama's mother was so drunk at the time of his conception that he was lucky his father was not a dog. Cebull admitted sending it,
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Radar shows U.S. border security gaps
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Los Angeles Times, by Brian Bennett
Original Article
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Posted By: LittleHoodedMonk- 4/4/2013 3:48:11 AM
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Washington - A sophisticated airborne radar system developed to track Taliban fighters planting roadside bombs in Afghanistan has found a new use along the U.S. border with Mexico, where it has revealed gaps in security. Operated from a Predator surveillance drone, the radar system has collected evidence that Border Patrol agents apprehended fewer than half of the foreign migrants and smugglers who had illegally crossed (Snip) The new tally of unlawful border crossings could complicate White House efforts to pass comprehensive immigration reform after Congress returns from recess next week.
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Alabama Legislature Passes New Limits on Abortion Clinics
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New York Times, by Erik Eckholm
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Posted By: LittleHoodedMonk- 4/4/2013 3:28:38 AM
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The Alabama Legislature late Tuesday adopted stringent new regulations for abortion clinics that supporters called a step to protect women but that others called medically unnecessary and a disguised effort to force the closing of the state’s five abortion clinics. The bill, like measures passed last year in Mississippi and Tennessee and last month in North Dakota, would require that doctors performing abortions have admitting privileges at local hospitals. (Snip) The bill will be sent to Gov. Robert Bentley, a Republican, who previously said he planned to sign it. The American Civil Liberties Union said that if the
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Dementia Cost, Already High, Is Projected to Double by 2040
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New York Times, by Pam Belluck
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Posted By: LittleHoodedMonk- 4/4/2013 3:21:05 AM
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The most rigorous study to date of how much it costs to care for Americans with dementia found that the financial burden is at least as high as that of heart disease or cancer, and is probably higher. And both the costs and the number of people with dementia will more than double within 30 years, skyrocketing at a rate that rarely occurs with a chronic disease. (Snip) Behind the numbers is a sense that the country, facing the aging of the baby boom generation, is unprepared for the coming surge in the cost and cases of dementia. “It’s going to swamp the system,” said Dr. Ronald C. Petersen,
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Most Active Articles (last 48 hours)
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We Are Living in a Dying Country
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Rushlimbaugh.com, by Rush Limbaugh
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Posted By: Desert Fox- 4/5/2013 4:53:10 PM
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RUSH: Folks, I don´t know how else to categorize this. We are living in a dying country. I don´t know how else to categorize what´s happening -- 88,000 new jobs. The unemployment rate, because of a terrible statistic, is down to 7.6%. The number of people in this country who are not working is shameful. Ninety million Americans are no longer in the workforce. Ninety million. People not in the labor force grew by 663,000, and now 90 million. That´s the labor force participation rate. This is 1979 levels.
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Why Obama´s ´Best-Looking Attorney General´ Comment Was a Gaffe
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The Atlantic, by Garance Franke-Ruta
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Posted By: Oblio- 4/6/2013 6:51:15 AM
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President Obama´s biggest gaffe yesterday when speaking of California Attorney General Kamala Harris was not in flirtatiously complimenting her as "the best-looking attorney general," but in introducing an observation from the system of beauty into a forum that was about the system of power.What´s that, you say? Irin Carmon does a great job in Salon in laying out the bounds of propriety for when it´s appropriate to talk about a woman´s looks as a general matter. But I´ve long felt we lack a solid theoretical underpinning for easily discussing these issues, and why precisely it is that
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´My bangs are getting a little irritating´: Michelle Obama admits she already regrets her high-maintenance hairdo
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Daily Mail (UK), by Margot Peppers
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Posted By: pineledger- 4/7/2013 7:43:42 AM
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Michelle Obama has admitted that she is already tired of the bangs she first sported in January. The First Lady said in an interview with Entertainment Tonight: ´Bangs are a day-by-day proposition. They´re starting to grow out, get a little irritating.´ Still, she hasn´t let her hairdo woes get her down. ´It´s okay,´ she said after her initial complaint. ´We´ll be good.´ The first indication that her hairstyle was becoming a burden came about last weekend, when Malia, 14, was spotted adjusting her mother´s hair during the White House Easter Egg Roll.
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Hillary Clinton Would Not ´Clear the Field´ for 2016
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New Republic, by Tod Lindberg
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Posted By: StormCnter- 4/6/2013 5:22:36 AM
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No one is more preoccupied these days with Hillary Clinton´s 2016 plans than the Beltway political class—not even the former presidential candidate herself. To hear some tell it, her decision will be dispositive for all other Democrats thinking of entering the race. And pundits and reporters aren´t the only ones positing the "The Hillary Factor": No less than the House Democratic whip, Steny Hoyer, told BuzzFeed, “I don´t know that anybody would run against Hillary…. If she runs, she clears the field.” It´s an understandable conclusion, given Clinton´s stature in the Democratic Party and her 70 percent
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Obama critic apologizes for his ´poorly chosen words´ on gay marriage
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The Hill [Washington DC], by Alexandra Jaffe
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Posted By: JoniTx- 4/6/2013 12:18:19 PM
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Neurosurgeon Ben Carson, considered by some to be a potential Republican contender for president, apologized to Johns Hopkins University for the "poorly chosen words" he used in expressing his opposition to gay marriage last month.“I am sorry for any embarrassment this has caused,” Carson said in the letter, reported in New York Magazine.(Snip) "Although I do believe marriage is between a man and a woman, there are much less offensive ways to make that point. I hope all will look at a lifetime of service over some poorly chosen words.” Carson will remain as commencement speaker at Johns Hopkins,
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Hillary Clinton: The clock is turning back for women in America
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Washington Examiner, by Charlie Spiering
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Posted By: Desert Fox- 4/5/2013 3:25:20 PM
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Former Secretary of State Hillary Clinton explained to the Women in the World summit in New York today that the clock is turning back for women in America. Clinton praised her own mother for helping empower her to success and marveled at the opportunities that her own daughter Chelsea has pursued. But Clinton warned that there is still so much to do to promote women´s rights in America. "As I look at all these young women that I am privileged to work with, or know through Chelsea, and its hard to imagine turning the clock on them," Clinton said.
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McCain: ´I don´t understand´ GOP filibuster on guns
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Politico, by Jennifer Epstein
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Posted By: JoniTx- 4/7/2013 12:18:14 PM
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Sen. John McCain says he doesn´t understand the threats from some of his Republican colleagues to filibuster a bill on background checks to buy guns. "I don´t understand it," the Arizona Republican said on Sunday of the threat coming from Sen. Rand Paul,Sen. Ted Cruz, Sen. Mike Lee and nine other Republicans. "The purpose of the United States Senate is to debate and to vote and to let the people know where we stand.” "What are we afraid of? ... If this issue is as important as we all think it is, why not take ... it up and debate?"
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Vanishing workforce weighs on growth
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Washington Post, by Jim Tankersley
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Posted By: Dreadnought- 4/6/2013 11:28:59 PM
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Put out an all-points bulletin: Millions of Americans have gone missing from the workforce. Every month that those would-be workers are gone raises the odds that they might never come back, dimming the prospects for future economic growth. The vanishing trend is more than a decade old, but it accelerated during the Great Recession. Throughout 2012, economists held out hope that it had stopped. But then came Friday’s jobs report, and hopes were dashed. The Labor Department reported that the U.S. labor force — everyone who has a job or is looking for one — shrank
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Mother Of Slain Benghazi Officer To Sean Hannity: ‘They Want Me To Shut Up’
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Mediaite, by A.J. Delgado
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Posted By: StormCnter- 4/7/2013 5:00:16 AM
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On Friday, Sean Hannity brought Pat Smith, mother of the late Sean Smith, on his radio program. The 34-year-old information management officer was one of four Americans murdered in the Benghazi embassy attack on September 11, 2012. In the chilling interview, a distraught Ms. Smith, in tears, pleaded for answers and spoke of the efforts to silence her. Ms. Smith first relayed how her son, prior to the attack, requested additional security in advance and warned the State Department: He did tell them, ahead of time, he typed it into his little typewriter over there,
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White House Blames Jobs Numbers on Sequester
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Breitbart´s Big Government, by Wynton Hall
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Posted By: Dreadnought- 4/5/2013 8:02:58 PM
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The Obama White House is scrambling to blame Friday’s abysmal March jobs numbers on the sequester’s trimming of the rate of growth in federal budgets that have yet to fully commence. After the Labor Department announced that a mass exodus of 663,000 workers left the U.S. workforce last month and that job creation fell 112,000 jobs short of projections, Obama’s top economic adviser Alan B. Krueger, took to the White House blog to blame the sequester: It is important to bear in mind that the March household and payroll surveys are the first monthly surveys to look
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Trayvon Martin´s parents settle wrongful death claim
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Orlando Sentinel, by Rene Stutzman
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Posted By: Desert Fox- 4/5/2013 3:15:25 PM
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SANFORD - Trayvon Martin´s parents have settled a wrongful death claim for an amount believed to be more than $1 million against the homeowners association of the Sanford subdivision where their teenage son was killed. Their attorney, Benjamin Crump, filed that paperwork at the Seminole County Courthouse, a portion of which was made public today. In the five pages of the settlement that were available for public review, the settlement amount had been marked out. Lower in the agreement, the parties specified that they would keep that amount confidential. When asked during an earlier interview whether the amount was
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