Arizona: New York

November 22, 2009 - 09:19 am
NEWS FEED: Blog for Arizona

Economic policies debated

Posted by AzBlueMeanie:

Are Obama's economic policies actually working?

Intelligence Squared posed this question to six policy experts at a debate in New York on November 16. The statement, "Obama's economic policies are working effectively," was defended by Lawrence Mishel from the Economic Policy Institute; investor and former 'Car Czar' Steven Rattner; and Mark Zandi, the chief economist and co-founder of Moody's Economy.com.

Arguing that Obama's economic approach is failing were James Galbraith of the University of Texas; Carnegie Mellon's Allan Meltzer; and former New York governor Eliot Spitzer. (h/t Huffington Post)

OBAMA'S ECONOMIC POLICIES ARE WORKING EFFECTIVELY from Intelligence Squared US on

November 22, 2009 - 09:19 am
NEWS FEED: Blog for Arizona

Economic policies debated

Posted by AzBlueMeanie: Are Obama's economic policies actually working? Intelligence Squared posed this question to six policy experts at a debate in New York on November 16. The statement, "Obama's economic policies are working effectively," was defended by Lawrence Mishel...

November 15, 2009 - 08:06 pm
NEWS FEED: Blog for Arizona

Conservatives' Crisis of Faith in the Constitution

Posted by AzBlueMeanie:

Conservatives would have you believe that they are the defenders of the Constitution. For many, this is bullshit.

In the days immediately following 9/11, many conservatives were quick to unquestioningly accept Dick Cheney's dark vision of the imperial presidency and the "unitary executive" theory under which neither coequal branch of the government had the power to check the executive branch during times of war. A cowardly Congress quickly abdicated its constitutional prerogatives and duties over war and spending to the president. Article III federal courts suddenly became deferential to overly broad presidential claims of national security and state secrets (with a few notable exceptions for which these judges were savaged by the conservative media).

November 12, 2009 - 04:06 pm
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Maricopa County Detention Officer swipes a document from an attorney's file in court

Posted by AzBlueMeanie:

This outrageous story has been circulating among Arizona trial attorneys for the past several weeks, but CNN's Rick Sanchez CNN.com - Transcripts recently shined the spotlight on a Maricopa County Detention Officer swiping a document from an attorney's file in court - right in front of the judge! (sorry, the video I found was disabled).

The reporting on this story comes from HeatCity.org in Phoenix Detention officer tries to explain why he swiped attorney's file - Heat City

A Maricopa County detention officer tried to explain Friday why he and a fellow sheriff's office employee swiped a document from a defense attorney's file in a bizarre scene that was caught on courtroom videotape.

November 10, 2009 - 06:48 pm
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A "Tea Party" party registers in Florida

Posted by AzBlueMeanie:

Ben Smith reports at politico.com A Tea Party party registers in Florida:

A Florida conservative has registered an official "Tea Party" with the office of the Secretary of State, and is promising to run candidates against Republicans and Democrats in state and national races.

"The current system has become mired in the sludge of special interest money that seeks to control the leadership of both parties. It’s time for real change,” says Orlando lawyer Frederic O’Neal, the new party's chairman, who couldn't be reached immediately by phone, in a press release.

A spokeswoman for the Florida Secretary of State, Jennifer Davis, said the party had registered in August, and that its qualified candidates will appear on the ballot in the state.

November 4, 2009 - 11:32 am
NEWS FEED: Blog for Arizona

Epic Teabagger fail in NY-23

Posted by AzBlueMeanie:

How do you take the textbook definition of a "safe" Republican district (a Democrat has not represented the region since 1854), a no-brainer that the Republican will win by default against token Democratic opposition, and lose the seat for the first time in 155 years? By caving in to pressure from the far-right extremist fringe Teabagger Taliban and the Mighty Wurlitzer of right-wing conservative "entertainment" personalities.

Blue Dog Democrat Bill Owens, the token opposition, won a stunning victory in the special congressional election in New York's 23rd congressional district only because the GOP Taliban and the conservative "entertainment" personalities declared civil war against GOP moderates and the GOP establishment, demanding ideological purity to conservativism - as they have defined it.

November 3, 2009 - 06:45 pm
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Sorry to burst your Beltway bubble boys

Posted by AzBlueMeanie:

Off-year elections are typically the subject of wild speculation and over interpretation by political observers. The conventional wisdom (CW) of the media villagers and Beltway bloviators is that the governor's races in New Jersey and Virginia are "bellwether elections" that are a "referendum" on newly elected presidents and are predictive of the outcome of mid-term elections.

Sorry to burst your Beltway bubble boys, but as Larry J. Sabato, Professor of Politics at the University of Virginia, has noted What are the national implications of the "mini mid-terms" in Virginia and NJ?

We go through this exercise every four years, just like clockwork.

November 3, 2009 - 11:07 am
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McClatchy News' Investigative Report on Goldman Sachs - Part 3

Posted by AzBlueMeanie:

McClatchy News continues its investigative report on Goldman Sachs with part 3 of the series Goldman left foreign investors holding the subprime bag:

Inside the thick Goldman Sachs investment circular were the details of a secret, $2 billion deal channeled through a Caribbean tax haven.

The Sept. 26, 2006, document offered sophisticated U.S. and European investors an opportunity to buy into a pool of supposedly high-grade bonds backed by residential, commercial and student loans. The transaction was registered through a shell company in the Cayman Islands.

Few of the potential investors knew it, but the ratings of many of the mortgage securities hid their true risks and, in some cases, Goldman's descriptions exaggerated their quality.

November 2, 2009 - 05:26 pm
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McClatchy News' Investigative Report on Goldman Sachs - Part 2

Posted by AzBlueMeanie:

McClatchy News continues its investigative report on Goldman Sachs with part 2 of the series Goldman takes on new role: taking away people's homes:

Goldman Sachs spent years buying hundreds of thousands of subprime mortgages, many of them from some of the more unsavory lenders in the business, and packaging them into high-yield bonds. Now that the bottom has fallen out of that market, Goldman finds itself in a different role: as the big banker that takes homes away from folks such as the Beckers.

The couple alleges that Goldman declined for three years to confirm their suspicions that it had bought their mortgages from a subprime lender, even after they wrote to Goldman's then-Chief Executive Henry Paulson — later U.

November 2, 2009 - 08:53 am
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Frank Rich on GOP Stalinist Purges

Posted by AzBlueMeanie:

New York Times columnist Frank Rich has more on the GOP civil war in the NY-23 special election for Congress. There will be no "winner" in this race. The big loser, however, is the Republican Party. The G.O.P. Stalinists Invade Upstate New York:

[P]reposterous as it sounds, the real action migrated to New York’s 23rd, a rural Congressional district abutting Canada. That this pastoral setting could become a G.O.P. killing field, attracting an all-star cast of combatants led by Sarah Palin, Glenn Beck, William Kristol and Newt Gingrich, is a premise out of a Depression-era screwball comedy. But such farces have become the norm for the conservative movement — whether the participants are dressing up in full “tea party” drag or not.