Durbin: Debt Deal Will Be The Death Of Keynesian Economics

WASHINGTON -- The Republicans are killing Keynesian economics with their attempt to cut spending as the economy rebounds from a recession, Senate Majority Whip Dick Durbin (D-Ill.) said in a floor speech on Sunday.

"I would say ... that symbolically, that agreement is moving us to the point where we are having the final interment of John Maynard Keynes," he said, referring to the British economist. "He normally died in 1946 but it appears we are going to put him to his final rest with this agreement."

Super Congress Getting Even More Super Powers In Debt Deal

WASHINGTON -- In order to shore up GOP support for a debt-ceiling deal, Senate Democrats are exploring ways of giving the proposed Super Congress even greater super powers, according to multiple news reports and congressional aides with knowledge of the plan. Under the new proposal, if the new legislative body composed of 12 members of both parties doesn't come up with a bill that cuts at least $1.8 trillion by Thanksgiving, entitlement programs will automatically be slashed.

Pat Buchanan: Norwegian Right-Wing Terrorist ‘Breivik May Be Right’

Today, in a World Net Daily op-ed, failed presidential candidate and conservative pundit Pat Buchanan offers an example of the ethnic bigotry and racial insensitivity that has come to define him.

Offering his take on the horrendous terrorist attacks in Norway, Buchanan joined the Wall Street Journal and the Jerusalem Post in arguing that the far-right extremist perpetrator Anders Breivik may have had a valid point. Arguing that Breivik was bringing attention to his cause, “a Crusader’s war between the real Europe and the ‘cultural Marxists’ and Muslims,” Buchanan declares that, on the “climactic conflict between a once-Christian West and an Islamic world…Breivik may be right“:

But, awful as this atrocity was, native-born and homegrown terrorism is not the macro-threat to the continent.
That threat comes from a burgeoning Muslim presence in a Europe that has never known mass immigration, its failure to assimilate, its growing alienation, and its sometime sympathy for Islamic militants and terrorists.
Europe faces today an authentic and historic crisis.
With her native-born populations aging, shrinking and dying, Europe’s nations have not discovered how to maintain their prosperity without immigrants. Yet the immigrants who have come – from the Caribbean, Africa, the Middle East, South Asia – have been slow to learn the language and have failed to attain the educational and occupational levels of Europeans. And the welfare states of Europe are breaking under the burden.[...]
As for a climactic conflict between a once-Christian West and an Islamic world that is growing in numbers and advancing inexorably into Europe for the third time in 14 centuries, on this one, Breivik may be right.

The sad reality is that Buchanan helps mainstream anti-Muslim intolerance. A regular MSNBC contributor and frequent guest on MSNBC’s Morning Joe, Buchanan once invoked the Nazis’ attempt to march in Skokie, Illinois as an argument against the Islamic Center proposal in New York. He also used this platform to defend Rep. Peter King’s (R-NY) “McCarthyesque hearings” on the threat of terrorism from American Muslims, saying American Muslims are “most susceptible or vulnerable to the recruitment” by terrorists who will “radicalize them and make them enemies of America.”

Of course, Muslims are just the most recent group of people on Buchanan’s enemies list, which already includes Latinos, African-Americans, and gay people. As Buchanan said, he “prefers the old bigotry.” And he’s bringing it back to the mainstream.

Origin
Source: Thing Progtress 

Fire Destroys We Are Wisconsin PAC Offices in La Crosse; Recall Efforts Subdued

Fire officials in La Crosse are continuing to investigate a Saturday blaze that destroyed the regional offices of We Are Wisconsin, a union political action committee (PAC) that has pumped millions of dollars into supporting Democratic candidates in the upcoming recall elections.

The La Crosse Tribune reports that the cause of the fire, which started at about 9:30 a.m., remains unknown. Firefighters thought they had the blaze under control in the afternoon, however, that wasn't the case and it continued into the evening, the newspaper reported.

We Are Wisconsin used the building at 432 Jay St. to oversee its efforts in the 32nd Senate District recall election, which will be held Aug. 9. Incumbent Republican state Sen. Dan Kapanke is being challenged by Democratic state Rep. Jennifer Shilling in that district.

A spokesman for the group told the La Crosse Tribune that the group's office was a total loss.

We Are Wisconsin is a political action committee made up by a coalition of unions that has spent more than $2 million supporting Democratic recall candidates around Wisconsin, according to the Wisconsin Democracy Campaign.

In the 32nd District, the group has spent about $400,000 to get Shilling elected, the La Crosse Tribune reported.

The group is also active in the 8th Senate District recall race between incumbent Republican Alberta Darling and Democratic challenger Sandy Pasch. In that Milwaukee-area race, We Are Wisconsin has spent at least $570,000 on pro-Pasch ads.

Throughout the day Saturday, those active in the recall effort were taking to Twitter and calling the fire "suspicious" since it occurred just 10 days before the recall. However, fire officials haven't yet determined the cause of the blaze, according to local media reports.

Origin
Source: FoxPoint-BaysidePatch 

Reid Vote Delayed To Sunday As Hints Of Deal Emerge

WASHINGTON -- A final Senate vote on raising the nation's debt ceiling was put off 12 more hours as the two sides inched toward a long-sought agreement.

Senate Majority Leader Harry Reid (D-Nev.) announced late Saturday evening that he would be delaying a previously scheduled 1 a.m. vote in an effort to give more breathing room for negotiations between his counterpart, Senate Minority Leader Mitch McConnell (R-Ky.), and the Obama administration.