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Mathew Yglesias: CBPP Analysis of John Boehner's Plan: The Center on Budget and Policy Priorities concludes that if enacted, John Boehner's debt ceiling plan "could well produce the greatest increase in poverty and hardship produced by any law in modern U.S. history." That sounds to me like something that would create strong incentives to not be poor and, indeed, to fully incentive richness. Consequently, we'll have massive economic growth. Right? Think of all the old people who will be willing to do odd jobs, whatever, in order to pay for health care. No more free-riding from grandma and grandpa to slow the economy down. The CBPP adds: This may sound hyperbolic, but it is not. The mathematics are inexorable. ... In short, the Boehner plan would force policymakers to choose among cutting the incomes and health benefits of ordinary retirees, repealing the guts of health reform and leaving an estimated 34 million more Americans uninsured, and savaging the safety net for the poor. It would do so even as it shielded all tax breaks, including the many lucrative tax breaks for the wealthiest and most powerful individuals and corporations. As for the way the debt ceiling talks are going, what a disaster.

Are you tired of big banks making record profits, paying giant executive salaries and bonuses and then cooking the books so they avoid paying taxes?  We are.  And, we are responding.  Join us.On April 15 in Union Square Park in New York City at 11:00 AM we are holding a "Sounds of Resistance Concert" and protest against the big corporate banks that have undermined the U.S. economy and displaced families from their homes. Big Finance has taken more than a trillion from the Department of Treasury and Federal Reserve to pay for their casino gambling on Wall Street but they are still forcing people out of their homes, not lending to small businesses and choking the economy.The concert will feature political hip-hop/rock powerhouse Junkyard Empire with special guests Broadcast Live and Sketch the Cataclysm. Chris Hedges will speak about the growing culture of resistance. Other performers and speakers are invited.The protest will include a picket of the Union Square Bank of America - a major culprit in the great rip off of the American taxpayer.This concert and protest are part of the effort to build the urgently needed movement to shift power to the people and away from concentrated capital interests.                                        

My dad emailed this article to me. The Koch brothers lied about solar energy raising energy expenses for their own agenda. I told my dad "Sounds like capitalists compelled to do evil by the were-wolf hunger of capital. Know what I mean?" The article's own abstract: On July 11, Georgia's Public Service Commission will determine if Georgia Power, run by Southern Company, will have to acquiesce to local government demands to add 525-megawatts (MW) of solar power, despite already agreeing to acquire 270MW of solar. In the controversial debate, billionaire brothers Charles and David Koch have pressured regulators to reject the plan. But ahead of the vote, the Associated Press found the billionaires' group, Americans For Prosperity, has used misleading data to tip the debate. The billionaires claimed that new solar mandates would raise energy bills by 40%. But an analysis shows that even if solar power is more expensive than conventional energy, the amount demanded is equal to only 1% of Georgia Power's electric fleet. As a result, it's highly unlikely that adding more solar will impact electricity rates so significantly.

Jobs were offered by the White House Chief and Deputy Chief of Staff to clear the field in primary elections, yet President Obama did not know about it? Sounds a little far fetched to me.

"To many people, the "war on drugs" sounds like a metaphor, like the "war on poverty". It is not. It is being fought with tanks and sub-machine guns and hand grenades, funded in part by your taxes, and it has killed 28,000 people under the current Mexican President alone. The death toll in Tijuana - one of the front lines of this war - is now higher than in Baghdad. Yesterday, another pile of 72 mutilated corpses was found near San Fernando - an event that no longer shocks the country."

A week removed from the ninth anniversary of 9/11, after all the sound and fury has temporarily subsided, we can look back and know that we have just witnessed the realization of historian Daniel J. Boorstin's most renowned prophecy.

America, the Greatest Country God ever gave Man, was built on three bedrock principles: Freedom. Liberty. And Fear -- that someone might take our Freedom and Liberty. But now, there are dark, optimistic forces trying to take away our Fear -- forces with salt and pepper hair and way more Emmys than they need. They want to replace our Fear with reason. But never forget -- "Reason" is just one letter away from "Treason." Coincidence? Reasonable people would say it is, but America can't afford to take that chance. So join The Rev. Sir Dr. Stephen T. Colbert, D.F.A. on October 30th for the "March to Keep Fear Alive"™ in Washington DC. Pack an overnight bag with five extra sets of underwear -- you're going to need them. Because, to Restore Truthiness we must always... Shh!!! What's that sound?! I think there's someone behind you! Run!

The President is coming up with programs and plans that sound just like additional stimulus. Just don't call it stimulus!

I have a legal question about the Wikileaks case, prompted by this this Guardian piece, by John Naughton, linked in Henry's comments. I must confess: I wasn't surprised or particularly scandalized when Amazon kicked Wikileaks off its cloud, because I figured Amazon was probably technically in the right. Wikileaks had probably violated whatever terms of service were in place. I thought this sounded like the sort of thing any private company was likely to do, whether or not Joe Lieberman actually brought pressure to bear. If you have a problem customer who has violated your terms of service, you terminate service. (Just to be clear: I think ongoing attempts to shut down Wikileaks in patently legally dodgy ways are an utter scandal. Joe Lieberman pressuring Amazon is a scandal. I'm with Glenn Greenwald. I also think existing intellectual property laws are, by and large, an atrocious mess. Still, the law is what it is, so the question of how a private company like Amazon can and should be expected to react to this sort of situation is narrower than certain other more general questions about free speech and the press and so forth.)

Kathleen Parker of the Washington Post advised the White House a few weeks ago to "page" former Bush administration ambassador Zalmay Khalilzad because his "healing powers" could restore Afghan President Hamid Karzai's soundness of mind - a suggestion more insane than Karzai himself.

Taking another unconventional stand, Kentucky's Republican Senate nominee Rand Paul criticized President Barack Obama's handling of the Gulf oil spill Friday as anti-business and sounding "really un-American."

After eating a bowl of oatmeal and drafting ten talking points, Senator Bernie Sanders (Ind., Vt.) spoke for nine hours in opposition to the tax-cut deal struck between President Obama and congressional Republicans. "We should be embarrassed," he said, "that we are for one second talking about a proposal that gives tax breaks to billionaires while we are ignoring the needs of working families, low-income people and the middle class."1 2 3 Mark Madoff, son of Bernard L. Madoff, hanged himself in his Manhattan apartment while his toddler slept in a nearby bedroom; court documents filed last year suggest that Mark Madoff made almost $67 million through his father's Ponzi scheme.4 WikiLeaks founder Julian Assange was arrested in London on charges of sexual assault. "That sounds like good news to me," said U.S. Defense Secretary Robert Gates.5 State Department cables leaked this week revealed that Saudi media executives, over coffee in a Jeddah Starbucks, extolled the power of American television in the fight against Islamic extremism, while Saudi diplomats expressed their admiration for the movies Insomnia and Michael Clayton.6 Taymour Abdelwahab, a Swedish citizen, set off a car bomb and then blew himself up in Stockholm on Saturday, injuring two in what authorities believe was a botched attempt at a larger attack, and imprisoned Chinese dissident Liu Xiaobo was awarded the Nobel Peace Prize. Online discussion of the chair symbolizing his absence from the ceremony in Oslo prompted authorities in China to censor the phrases "empty chair," "empty seat," "empty stool" and "empty table" from the country's major social networking sites.7 8 9

The NAACP has just passed a historic resolution demanding an end to the War on Drugs.  The resolution comes as young Black male unemployment hovers near 50 percent and the wealth gap's become a veritable gulf. So why is the forty-year-old "War on Drugs" public enemy number one for the nation's oldest civil rights organization? Well here's why:  it's not extraneous - it's central: the war on drugs is the engine of 21st century discrimination - an engine that has brought Jim Crow into the age of Barack Obama.     Author Michelle Alexander lays out the statistics -- and the stories --  of 21st Century Jim Crow in her ought-to-blow-your-socks off book: "The New Jim Crow: Mass Incarceration in an Age of Colorblindness." I had a chance to sit down with Alexander earlier this summer. We'll be posting the full interview in two parts.     "We have managed decades after the civil rights movement to create something like a caste system in the United States," says Alexander in part one here  "In major urban areas, the majority of African American men are either behind bars, under correctional control or saddled with criminal record and once branded as criminal or a felon, they're trapped for life in 2nd class status."     It's not just about people having a hard time getting ahead and climbing the ladder of success. It's about a rigged system. Sound familiar?  Like the Pew Research Center report on household wealth and the Great Recession -- the NAACP resolution story was a one-day news-blip - despite the fact that it pierces the by-your-bootstraps myth that is at the heart of - you pick it - the deficit, the stimulus, the tax code - every contemporary US economic debate.     White America just maybe ought to pay attention. With more and more Americans falling out of jobs and into debt, criminal records are a whole lot easier to come by than life-sustaining employment.  Contrary to the conventional media version, the "Drug War" story is not a people with problems

If you had to choose between the advice of successful investor Warren Buffett or political hack Grover Norquist on how to fix our nation's fiscal ills, who would you trust? For most Americans, that's an easy question, because taxing the rich rather than bankrupting America sounds like a good idea to most of us.

What if President Obama raised taxes without congressional approval? It sounds preposterous, yet U.S. presidents now routinely wage war on their own-and in Libya, Obama isn't even pretending Gaddafi poses a threat to us.

Planet Money has obtained a secret government report outlining what once looked like a potential crisis: The possibility that the U.S. government might pay off its entire debt. It sounds ridiculous today. But not so long ago, the prospect of a debt-free U.S. was seen as a real possibility with the potential to upset the global financial system. We recently obtained the report through a Freedom of Information Act Request. You can read the whole thing here. (It's a PDF.) The report is called "Life After Debt". It was written in the year 2000, when the U.S. was running a budget surplus, taking in more than it was spending every year. Economists were projecting that the entire national debt could be paid off by 2012.

Beyond the anti-Greek media campaign lies the story of a weary people caught between a corrupt political system and rapacious financiers. Sound familiar?