Sunday, January 17, 2016

The Iranian Nuclear Accord and the True Faith and Allegiance of Senator Ted Cruz

by Nomad

As the Iranian Nuclear Accord becomes a fact, Presidential candidate and Senator Ted Cruz a strange inability to understand how the US Constitution works. Or perhaps he simply refuses to respect the process it established.


According to the Constitution, the powers of the executive branch have two very important limitations. The president cannot declare war (yet, paradoxically perhaps, he/she is also the commander of the US military.)
Additionally, the president cannot make treaties or appointments without the "advice and consent of the Senate."
When it came to the historic nuclear agreement with Iran, Republican-led Congress took that limitation as a tool to stop dead any kind of lifting of sanctions or a less bellicose approach to the Iranian Republic.
Here are some highlights.

Cotton's Overreach
About a year ago at this time, the debate on the four-nation nuclear deal with Iran was ongoing and by summer, it was in full swing. Given adversarial and generally obstructionist attitude in Congress, nobody was surprised that the Republican majority seemed determined in every way to give Obama a lesson he would not soon forget. 
It didn't turn out as planned.

Saturday, January 16, 2016

With GOP in Complete Disarray, Trump Offers Establishment Some Difficult Choices

by Nomad

King of the World Donald TrumpThe results from the last Republican debate are in and it must have a lot of people in the Republican party extremely jittery. And they really ought to be.


After the sixth debate, Trump is still holding his commanding position, the reins of Republican Party power seem to be in his hands and he isn't going anywhere.  
MarketWatch reports:
The political establishment — in places like New York, Washington and Los Angeles — has been waiting for months for the Trump movement to flame out of its own accord. In the past few weeks they have finally woken up to the shock that this may not happen.
The choices for the ruling elite (whose authority Trump seems to be directly challenging) are stark. Either take Donald Trump with all his political warts, all of his toxic rhetoric and his inane policies or take a 50-50% risk that he will walk away and escort his supporters over to his third party. 

Even the Best Case Isn't So Terrific
According to one source, all this uncertainty and instability is having a negative effect on Wall Street. While blaming the decline in stocks on the political confusion might seem like a stretch, there is a bit of logic to that claim.

Above all else, Wall Street likes certainty and predictability. It's their security blanket and, at this point, things, especially in the Republican Party, could hardly be anymore uncertain. Here are two possible outcomes and both are fairly awful for investors. 
Even in Wall Street’s best-case scenario, the parties will only pick establishment candidates after months of bruising primary battles. In a worst-case scenario (for investors, at any rate): They’ll pick one or two heterodox outsiders who will threaten to turn everything upside down.
So, you have the Republican party being led by a rabble-rousing billionaire that cannot be bought and on the other side, there's a competition among the Dems about which candidate can appear more aggressive on Wall Street accountability.

For the Republican Party, the options are fraught with existential danger, namely, an acrimonious split in the GOP that will not be easily mended.
Analysts are looking at the possibility of having an unelectable candidate or an unwinnable campaign. 

Friday, January 15, 2016

Overlooked Provision in Omnibus Spending Bill Throws Lifeline to Struggling Food Banks

by Nomad

If austerity-minded organizations, like the Heritage Foundation, or the Tea Party might have been roaring in anger about the omnibus spending package, some people thought certain provisions in the deal provided a much-needed ray of hope.


Republican members of Congress didn't really look forward to their constituents dwelling too much on the $1.1 trillion omnibus spending bill signed into law by President Barack Obama right before Christmas.

Better to think of happier things, seasonal joys and the promise of the new year. It's no wonder too. Far-Right Activists could understandably claim that once again they have been hoodwinked by politicians who promised a lot of things they had no intention of delivering upon.

The worst offender, according to their point of view, was Speaker of the House Paul Ryan. He was supposed to replace the cowardly crybaby John Boehner.  Fox News regaled Ryan back then. All of the cliches were present and accounted for: "a new day" and "turning a page."  
That was only in October. By Christmas, the honeymoon was definitely over. The annulment has already begun. It's really not his fault, though, that American government doesn't actually function the way some people think it does. 

Thursday, January 14, 2016

Can You Find Jerry?

by Nomad


We call this the "Find Jerry"game. We have all encountered a guy like Jerry. Not a bad guy really but he proves that one person can do a lot of damage pretty quickly without really trying. Sometimes it's hard to find him, he appears like a tornado, does his thing and disappears just as quickly.