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06 Apr 2011 23:26

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Politics: Paul Ryan: Tax the rich? Nah, just cut services for the poor

  • 67% of Paul Ryan’s spending cuts hit poor Americans source
  • » But don’t worry, not everyone gets the shaft under Ryan’s proposal. Although 2/3 of the savings derived from his plan come by cutting services for poor people, his budget does firmly protect–surprise!–George Bush’s tax cuts for the rich. In all fairness, letting those cuts expire would increase tax rates for the highest earners by an appalling 4%, but it would also save the country an additional $1 trillion over the next ten years. So let’s get this straight: Ryan wants to cut services for the poor and retain absurdly-low tax rates for billionaires. Wasn’t this guy supposed to be the new face of the Republican party?

06 Apr 2011 22:49

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Politics: Trump’s polling paints a muddy picture

  • yeah… In the latest WSJ/NBC poll, The Donald trumped his opponents, vaulting ahead of Sarah Palin and Newt Gingrich and tying Mike Huckabee for second place. He also came in second in a New Hampshire poll, losing out to Willard “Mitt” Romney.
  • but In last week’s PPP poll, Trump scored an approval rating of just 28% (with net approval at -18), and lost a hypothetical match-up to President Obama by 11 points. He also came in a dismal fifth amongst primary voters in a recent CNN pollsource
  • » What to make of this: By and large, the takeaway here is that the Republican field is very weak, and there’s no clear favorite (Huckabee and Romney could perhaps be considered “co-favorites”). Trump has done well in a few polls, but this is more likely due to a) boredom on the part of primary voters, and b) Trump’s recent media blitz. It’s difficult to imagine a candidate with such toxic approval ratings winning a national election; he’d have to win over an additional 18% of voters just to break even. That being said, 26% of voters in the PPP poll haven’t yet made up their mind about Trump, giving him lots of room to grow. Still, we agree with Christian Heinz over at The Hill, who noted that Trump’s numbers illustrate “the tremendous thirst for a new, charismatic candidate” in the GOP primary. Charismatic? You betcha. Electable? We’re not so sure.

06 Apr 2011 17:26

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Offbeat: Little boy to be governor for a day (well kinda, it’s New Jersey)

  • Jesse’s day in the sun: This three-year-old boy, by virtue of both his evident passion for executive authority, as well as our culture of YouTube celebrity, will be getting his wish: one day as honorary Governor, as signed by real-life Governor Chris Christie. Christie’s response to Jesse, via Twitter: “Don’t worry Jesse, people gave plenty of reasons why I couldn’t be Governor, though being too small wasn’t one of them.” source

06 Apr 2011 16:42

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Offbeat, World: Awwwwwwwww: Silvio and Ruby Forever!

  • Okay, so who’s buying this for us? This fetching piece by environmental artist Dodi Reifenberg depicts who we’ll call “the couple of the century,” Silvio Berlusconi and Karima El Mahroug, better known as “Ruby The Heart Stealer.” Reifenberg apparently used scotch tape and plastic bags to produce this triumphant piece of artwork. Berlusconi’s trial, facing charges that he slept with the then-underage Ruby, has been adjourned until May. source

06 Apr 2011 16:27

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World: Military tribunals, suppression of speech continue in Egypt

  • “Sentences in a matter of minutes.” Things in Egypt are rather tenuous right now, as the Egyptian military, now the de facto political authority in the aftermath of Hosni Mubarak’s reign, has continued to use the same draconian laws the old guard did to suppress dissent. Take the case of Michael Nabil, who was arrested for spreading “false news,” and “insulting the military.” Activists claim as many as 5,000 have been arrested under these laws since the military took over. source

06 Apr 2011 15:58

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U.S.: Democrats, Republicans can’t settle terms of spending cuts

  • $73 billion the amount of spending cuts the Democrats say they’ve agreed to in an effort to avoid a looming government shutdown
  • $33 billion the amount the Republicans say is actually being cut under the Democratic compromise, a number they consider unacceptable source
  • » So where’d the $40 billion go? Basically, the Democrats had agreed to cut spending by $73 billion, but that’s explicitly based off the levels President Obama wanted in his budget. Since that budget hasn’t passed, the Republicans are arguing that the cuts are really only $33 billion less than current spending levels (which is rather hard to argue). Notwithstanding the dispiriting accounting tomfoolery going on here, though, this is supposedly a deal between the two parties, and between position D (don’t cut spending) and position R (cut tons of spending), even a $33 billion cut strikes us as an entirely reasonable compromise — both numbers are a tiny, tiny slice of the budget in any event, so the quibble seems more symbolic than functional.

06 Apr 2011 15:23

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World: Ivory Coast standoff still going, Abidjan in utter disarray

  • Gbagbo still sequestered at his home: Yesterday saw a lot of conflicting reports of the surrender, or lack thereof, of Ivory Coast’s electorally-defeated strongman Laurent Gbagbo. The standoff between him and forces loyal to the elected leader, Alassane Ouattara (who’s got other problems, too — his own ranks were accused of committing atrocities, which he flatly denies) is still going on a day later, a disastrous prolonging of the conflict for the people of Abidjan, who have little food and water, and are in tremendous physical peril. The reports coming in today, sadly, are no less convoluted than they were yesterday.
  • Playing For time Yesterday’s reports that Gbagbo was negotiating an exit deal to ensure himself U.N. protection now look like pure posturing. France has said that the talks to secure his surrender fell apart, and it’s now reported he was likely just buying himself more time.
  • How it stands Alassane Ouattara’s forces are near Gbagbo’s home in Abidjan, and are still locked in a standoff. Gbagbo still has a core of loyal soldiers, as well as mortar and artillery capacity. The Ouattara forces pulled back, and combat is reportedly suspended for a few hours. source
 

06 Apr 2011 14:44

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Politics: John McCain more into the internet than in 2008

  • awakening Senator John McCain, amidst the 2008 Presidential contest, was a self-avowed technological illiterate — now he champions Twitter, crediting it for Middle Eastern uprisings and swapping anti-tax tweets with Snooki.
  • thanking Inspired by a woman in Egypt, McCain phoned Facebook’s Mark Zuckerberg to thank him for his role in Egypt’s uprising. This is cool, but in Egypt’s case it seems rather overplayed; after all, they had no internet for much of that time. source

06 Apr 2011 13:56

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Politics: Where will Obama come down on Paul Ryan’s proposal?

  • And, finally, there’s talk that we have a president who’s a Democrat — the party that created the American social contract of the 20th century. Initially, he focused on reshaping and extending that contract into the 21st. Now that the Republicans want to repeal it all, he’s nowhere to be found. Has anybody seen him? Does he still exist?
  • Washington Post opinion writer Harold Meyerson • From his editorial yesterday about Rep. Paul Ryan’s proposed budget. We find this pertinent because reflect’s what is perhaps the most unforeseeable and (if you’re a liberal, or even a moderate, or a conservative who believes in these social contracts) nerve-wracking element in the looming debate over Ryan’s budget, namely — will President Obama stand or fold? In Washington, few things have become as familiar a sound as the President’s voice saying words like “bipartisanship” and “compromise,” but his opposition rarely if ever cedes any credit for this, and rarer still gives anything back. Will this latest effort to privatize large swaths of the social contract be worth fighting for, or will the President take another opportunity to thanklessly bargain away his base’s enthusiasm with his political rivals? It’s truly hard to say. source

06 Apr 2011 11:28

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Biz: Dish Network’s Blockbuster buyout: Good or bad?

  • $320 million the amount Dish Network plans to pay for the bankrupt Blockbuster
  • $228 million the amount the company plans to pay in cash for the video retailer source
  • » A competitive deal? Dish Network, known mostly for its satellite dishes and for being the satellite company that isn’t DirecTV, will earn a competitive advantage by branching out with Blockbuster, which has a large infrastructure, if not money to pay for said infrastructure. For example, Dish Network could also offer Blockbuster’s Netflix-like DVD service on top of their already-robust satellite service. It’s synergy, folks! Another way to look at this: Blockbuster shares were delisted after trading for less than $1 for nearly a year. Netflix shares are trading around $250.