Written by whisperDispatch.com | 09 August 2011

Let me be blunt:  If S&P was a know-nothing agency filled with nincompoops, then they were also a know-nothing agency filled with nincompoops last year... last month... and last Thursday when they had the U.S. credit rating set at AAA.   Either they know something or they know nothing.  Either the U.S. credit rating deserves AAA or it doesn't.

I think the whole economic system is a joke especially given the fact that almost nothing has changed since the 2008 economic crisis.  Thus, I am the last person in the world to care about the good name of rating agencies.  They're all shady and should  pay the price for their past behavior, if there is such a thing as karma.

However, someone should come up with another form of attack against S&P (Standard & Poors) after they decided to decreased the U.S. credit rating.  

I'm sick of hearing the lame a$s excuse that S&P has no credibility.... now that they've done something to draw the ire of every lawmaker in Congress.   

IF they have no credibility now that the rating is AA+, AND they had no credibility back in 2008, 2007, 2006 etc when they were giving AAA ratings to subprime $hit,  THEN that also means they had no credibility when they kept the U.S. rated  at AAA.  

Yes, yes, yes, we know S&P was one of the ratings agencies which slapped a triple A rating on junk.  Now that they've downgraded the U.S. rating, suddenly S&P's past is the reason we're not supposed to listen to them anymore.  
 

Read more...

Written by whisperDispatch.com | 06 November 2010

Chris Matthews along with two guests -- one from Salon.com and another from Media Matters --talked about the unfounded reports from the right wing media around the cost of President Obama's long-scheduled  trip to India. People like congresswoman Michele Bachmann, Rush Limbaugh and Sean Hannity were railing in the media about a supposed $200 million a day cost for the President's trip.

That figure is a figment of someone's imagination and is more than the cost of the war in Afghanistan -- which should have made those who pushed the story at least ask whether or not it was true before going to air.

Matthews made the point that India and China are very important for the future because that's where a number of jobs are being created.  A number of jobs being created by American companies, I may add.  He also added that there appears to be an undertone of personal hatred (my words) specifically for Obama

Read more...

Written by whisperDispatch.com | 05 November 2010

Ed Schultz gave voice to what many Liberals and Progressives feel in the wake of an apparent Republican surge on Nov 2. The MSNBC host criticized the White House (even though he says he isn't)by saying the President looks weak and admitted that he (ED) is losing faith.

Schultz also said the White House and Democrats should get out of the fetal position and recognize that republicans are out to destroy them.

Here are more notes from the video above:

Read more...

Written by whisperDispatch.com | 05 November 2010

Great discussion with Bennet(D) from Colorado, who was reelected Nov 2.
He talked about the role of education in the US in comparison to other countries as well as the lack of innovation and the US's failure to grab hold of manufacturing innovative green technologies.

Written by whisperDispatch.com | 03 November 2010

CNN Political analyst Roland Martin didn't mince words when he basically called the mid term election results of 2010 partially the fault of Democrats who did not maintain their connection to 2008 voters.  Martin said that some candidates waited until the last minute to try to reach out to some crucial communities like Black and Latino voters in certain parts of the country.

He also had hard but obvious words for President Obama about he should be thinking in retrospect given the election results, and busted Democrats for not seizing the multiple opportunities they had to solidify their base long before Nov 2 2010.
 

Read more...

Written by whisperDispatch.com | 03 November 2010

Written by whisperDispatch.com | 08 September 2010

A failure to attain 'great expectations' is often the fault of one who holds the hope of accomplishment and not the negligence of one who fails to live up to the promise.  But how do you integrate this notion into your political views when the one who holds your hope is also the one who runs the country?

I expect a great deal out of President Barack Obama, but I refuse to remain silent when I think he fails to live up to the promise of what his presidency symbolizes.  It is clear as crystal to me now that the only thing politicians understand are consequences.  All the yapping, criticism, and histrionics in the world won't solve the issue of a Democratic administration not fully comprehending what they had back in 2008 and how they have failed in some respects to live up to the enormous potentialities created by that moment in history.  

They don't understand dire situations unless their own access to power is in some way threatened. It is becoming fashionable among the left to try to scare Democratic voters into turning out for the 2010 elections by making Republicans the boogie man. Newsflash: Republicans have ALWAYS been the boogie men to much of the Left.  Its the 'we cannot go backwards', 'Republicans will ruin this nation if you don't keep us in power' story. Much of the base thoroughly understands that already. Its why Barack Obama was elected President in the first place.

My response is that Democratic officials should have the fear of being back under Republican boot heels; have it burned into their political souls like an unforgettable catastrophe because only they serve as protectors for the rest of us. Then maybe they wouldn't continue to put themselves in such dire positions to begin with.  Instead of trying to scare the base into keeping Dems in power, they should be scaring themselves into moving heaven and earth to do right by their voters 100% of the time.  

It should be the base putting the fear of God (so to speak) into Democrats.  Or better yet, the Dems in power should be scaring Republicans into fully participating in the governing of this nation. Either do that or get the hell out. After the catastrophe of the Bush administration, there is no excuse for why Democrats should be fighting to hold on to power.  
 

Read more...