Is a not-so-grand bargain back?
Let’s hope not. Here’s why:
What is the GOP incentive to deal? First, getting the signature of a Democratic president on a bill reducing entitlements would be a victory for a generation’s worth of Republican candidates. Casting GOP politicians as Granny-bashers would be harder to do after a Democratic White House tweaks Medicare and Social Security. Second, even token reforms by Obama in 2013, opens the door to deeper entitlement changes in the future.
There is no reason to cut Social Security and Medicare. None. Neither contribute to the deficit, both have their own dedicated funding mechanisms, and with minor adjustments they can made solvent without benefit cuts for decades. The grand bargain ain’t that grand. It’s not grand at all.
Obit of the Day: Canada’s First Black Jet Pilot
Major Walter Peters joined the Royal Canadian Air Force after seeing a recruitment flyer. Major Peters, who figured if he could drive a car he could fly a plane, joined when he was 24 years old and was placed in the jet pilot program. He was the first black candidate in the RCAF program.
The day before graduation he met a former pilot who had flown Mustangs in World War II. While listening to his stories, the stranger turned to Major Peters and asked him what he was doing there. When Major Peters informed the gentleman that he was graduating as a pilot the veteran replied, “In my day you never would have gotten past rear gunner.”
The following day Major Peters received the highest marks of any pilot in the class and went up to the podium to receive his award - from the veteran who had belittled him a day earlier.
The major would have a stellar career in the RCAF. He not only served as a training officer but received appointments as and adviser to the United Nations Security Council and the first human rights officer in the Canadian military. He was also the first black member of the Snowbirds, the RCAF’s precision flying team.
Major Peters, who had classmates refuse to room with him in college because of his race, passed away on February 24, 2013 at the age of 76.
Sources: Toronto Globe and Mail and Veterans Affairs Canada
(Image of Major Peters standing in front of his Snowbird shaking hands with an unidentified officer is copyright of RCAF and courtesy of www.45enord.ca)
Also check out Lois Doyle, “The Mother of the Snowbirds” and Daurene Lewis, Canada’s First Black Woman Mayor
Handful of bunnies.
So…am I the only dumbass who’s accidentally lit the end of an e-cig and inhaled??
That shit was nasty! But what can you expect when inhaling plastic, silicone, battery, or who knows what?
(I didn’t only inhale the one time - I realized what I’d done and that it tasted weird, so I inhaled again, TWICE. I meant to be clearing out the inhaler/nicotine part. In my defense, if there is any allowable defense, I was on a new medication.)
My walker pic….
(May my beloved, sweet, beautiful child forgive me my sickness….)
Make your own, or make yourself feel guilty for eternity with pics of your beloved kids, furry or otherwise.
On the same day that former Ariz. Congresswoman Gabby Giffords testified before the US Senate that more needed to be done in the way of gun control -- only to be told later by the NRA that no, we don't need any more gun laws -- five people were shot at an office complex in Phoenix. -
"If abortion is murder then a blowjob is cannibalism"
(And so is chewing then swallowing your cuticles or fingernails.)
I love eye-opening yet obvious analogies.
(Source: sunfloweroceans, via tuttutopensesame-deactivated201)
Proven fact: Water will make your rabbit appear at least half their original size.
Concord, Mass. Becomes One of the First Communities to Ban Single-Use Plastic Water Bottles -
Light a candle.
Today at hundreds of candlelight vigils, working families will make clear we need to protect Medicare, Medicaid, and Social Security benefits, and we won’t sacrifice our security so the richest 2% can get more tax breaks. Join the virtual vigil online to make your voice heard.
The prospect of cutting Medicare benefits in a “fiscal cliff” deal has prompted an outcry from concerned liberals. But whether or not legislators actually end up raising the Medicare age or paring back Social Security payments, domestic benefits and services—ranging from veterans’ health care and low-income housing to Head Start programs—are going to get squeezed over the next 10 years.
Last year’s debt-ceiling agreement included $1.5 trillion in cuts to discretionary programs through 10-year spending caps that are already in effect. According to a new analysis by the Center on Budget and Policy Priorities, the domestic programs subject to the spending caps will face a $615 billion shortfall if they keep their benefits and services at 2012 levels. If such, they’ll be forced to scale back unless Congress decides otherwise—and right now, the Republicans want even less money spent on these domestic programs, not more…
It’s a good reminder of the trade-offs that we have already made in the name of deficit reduction, which have received little attention amid the hand-wringing over the fiscal cliff. And, as [The Center on Budget and Policy Priorities’s Richard] Kogan points out, these domestic programs still remain vulnerable to further cutting. — The deep, real spending cuts we’ve already passed—and that no one talks about (via diadoumenos)
U.S. selling its remaining stake in AIG
The U.S. Treasury said it is selling the rest of its stake in American International Group Inc., in effect closing the books on one of the biggest and most reviled bailouts of the financial crisis that engulfed the world four years ago.
The sale of the Treasury Department’s remaining 234 million shares in an offering announced Monday would wipe out the government’s 15.9% stake and pad the $15.1-billion profit it has made already from the giant New York insurer.
The Treasury Department still would hold an undisclosed number of warrants in AIG, but taxpayers no longer would own a piece of [AIG].