Of all the Republican liars exploring runs for the presidency in 2012, few are bigger hypocrites that Newt Gingrich, infamous for shutting down the government and philandering in the extreme. Bill Maher built part of his New Rules segment around Newt, and showed no mercy at all.
Newt Gingrich seems primed to run on a value-based campaign platform as he explores his White House bid in earnest this week. And Bill Maher couldn’t help but point out the seeming hypocrisy in that decision. The "Real Time" host dedicated a portion of his "New Rule" segment last night to Gingrich — on his third marriage after two acrimonious and scandal-clad divorces — concluding "I don’t think actual newts are this slimy."…
Inserted from <Salon>
Here’s the video:
Don’t you just love the way Maher cuts to the heart of the matter in hilarious fashion?
This weekend demonstrators all over our nation marched is solidarity with public employee unions standing in the gap to protect American workers from predatory corporate Republicans. In praise of their effort, I have selected three videos of Union Songs for your inspiration and enjoyment.
Solidatity Forever
Union Thru and Thru
Which Side Are You On?
My friend Phyllis, aka Pasatter on Stumbleupon, sparked the idea by sending me simlar pages. Thank You!
Republicans plan to roll back the SEC budget to 2008 levels. By doing so, they will not decrease the deficit one penny, because the SEC is funded exclusively through fees charged to Wall Street. So cutting SEC’s budget saves the Republicans’ bankster buddies a small amount on fees. But despite their claims, that is not their real reason. Their goal is to prevent the SEC from regulating Wall Street.
The new financial regulation law gave the Securities and Exchange Commission a big new job to police hedge funds, derivatives dealers and credit agencies — some of the main culprits in the financial meltdown. It authorized raising the commission’s budget to $2.25 billion, over five years. Now Congress is threatening to deny the S.E.C. the necessary financing to carry out its duties.
What makes this even more absurd is that the S.E.C. doesn’t cost taxpayers a dime. Its budget, like that of other financial regulators, is covered by fees assessed on Wall Street firms. While the other regulators decide their own financing needs, Congress sets the S.E.C.’s budget.
The agency’s budget was due to rise $200 million this year to $1.3 billion, but hasn’t because of the across-the-board freeze in discretionary spending. If House Republicans get their way and roll back spending to 2008 levels, the S.E.C. budget would fall to $906 million.
Mary Schapiro, the chairwoman of the S.E.C., warns that more budget cutting will hamstring its ability to carry out its usual duties of policing increasingly complex securities markets — let alone discharge its new responsibilities. A group of lawyers representing the financial companies regulated by the S.E.C. sent a letter to lawmakers urging them to increase the commission’s budget. Otherwise, they warn, the markets will lose investors’ trust. “The regulator of our capital markets is running almost on empty,” they wrote… [emphasis added]
Inserted from <NY Times>
The SEC was already a weak guardian against the criminal abuses of the banksters Republicans represent, too weak to prevent the Republican Recession. But that’s not weak enough for the Republican Party.