Bankruptcy

If the Ministerium für Staatsicherheit (Ministry for State Security) had had a crystal ball 40 years ago they would have promoted capitalism, the sheer amount of information people are willing to give away for free would have made their job so easy. Now in a functioning democracy that would be...

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  • May 4, 2021

Lauren Boebert (R-CO) has learned from the death of Bernie Madoff about Ponzi schemes, because QAnon surely couldn’t be a cult of personality or a grift used by criminals in charge. Because the previous guy still says “the best is yet to come”, having killed hundreds of thousands, we also know...

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  • April 19, 2021

Some big news this week out of Missouri: A Missouri Democrat who works at an organization that fights corporate monopolies on Tuesday became the latest candidate to announce a bid for U.S. Senate. Lucas Kunce, 38, is the national security policy director at the American Economic Liberties Project, an organization...

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  • March 11, 2021

Before 1937, inaugural day wasn’t until March 4. Back in the day we would’ve been facing 6 more weeks of Trump. QAnon-Pushed March 4 As Trump’s ‘True Inauguration Day’—But Officials Don’t Expect Violence https://t.co/vBkkXuPVww pic.twitter.com/2gOGsJ5myh — Forbes (@Forbes) March 2, 2021 Apparently, many QAnon supporters believe that Donald Trump has...

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  • March 2, 2021

Rush Limbaugh was more of a conservative index and perhaps a reactionary icon. He claimed whenever cornered with a political lie that he was an entertainer rather than any credible media source. “Rush Rooms”  everywhere should be festooned with black crepe. x This is a metaphor for Trump’s presidency. Everything...

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  • February 17, 2021

The Washington Post did a version of the NY Times profiles of Trumpists, albeit those who were involved in the 6 January insurrection, and there does seem to be a class struggle, not quite like one would expect. The participation of people with middle- and upper-middle-class positions fits with research...

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  • February 10, 2021

This really is not taking a position, but just recognition of what is going to happen tomorrow (maybe) and how this is going to impact market investments going forward. I am sure many of you have heard about the GameStop phenomenon, but it is not being that well explained in...

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  • January 28, 2021

Not really a heist film, but a brief amusement worth another cinematic treatment of financial markets like Trading Places. If not, here’s a quick recap: a bunch of traders — many amateurs — got together on the online discussion forum Reddit and decided they were going to pump up GameStop’s...

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  • January 28, 2021

All his life, Donald Trump has managed to avoid responsibility for the damage he’s done to others: his racial discrimination in his housing (not to mention his neglect of that same housing), his stiffing of contractors, driving many of them into bankruptcy, his exploitation of undocumented immigrants, his misogynistic treatment...

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  • November 27, 2020

Nice: x YouTube Video The anti-Trump GOP group the Lincoln Project launched an ad Tuesday targeting Sen. Joni Ernst (R-Iowa) as her battle to keep her Senate seat ramps up. The group framed Ernst as a “yes woman” for President Trump and Senate Majority Leader Mitch McConnell (R-Ky.) in the ad and a press release, which come...

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  • October 14, 2020

I cover a lot of U.S. Senate races and I really try to keep a focus on the ones that are the closest so I tend to overlook some races. I’m not worried about the New Hampshire U.S. Senate race but I decided to do some digging on U.S. Senator...

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  • October 8, 2020

Wow: North Carolina Republican Sen. Thom Tillis — viewed as one of the most vulnerable GOP senators in 2020 — has found himself in an uncomfortable situation after a staffer's excessively honest comments to a constituent were caught on tape. As first reported by WRAL, Bev Veals of Carolina Beach,...

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  • September 9, 2020

Oh boy oh boy oh boy oh boy. Schaden-Friday came a day late this week. But Secret Recording Saturday works for me. Apparently, Too Much and Never Enough, the Mary Trump tell-all that Donald Trump attempted to tweet away with bullshit, was full of more truth than the pr*sident wants...

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  • August 23, 2020

Received this e-mail just now form former presidential candidate, U.S. Senator Elizabeth Warren (D. MA), in support of the Biden-Harris ticket: I was honored to address the Democratic National Convention last night from the Early Childhood Education Center in Springfield, Massachusetts. In case you didn’t get a chance to watch...

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  • August 20, 2020

Those brave few who read my diaries know that I am usually filled with cynicism, anger, and depression when it comes to politics in my home state of Kentucky.  And I was at the lowest point I could be a couple of days ago with the release of a Morning...

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  • August 7, 2020

We all cheered Fox News’ Chris Wallace when he challenged Trump’s fusillade of bullshit in a recent interview. Well, it turns out veteran journalist Barbara Walters showed us the way long ago — when Trump was just a buffoon and not a dangerous, potentially world-ending buffoon. This is uber-satisfying, and you simply...

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  • July 23, 2020

Today in disinformation: the plan continues to be no plan, increasing our information search-costs. The best example of that is removing as campaign manager, Brad Parscale, the real manipulator of the real and imagined 2016 data-sets in the swing-states. What is normal functioning for Trump has been disinformation, as he...

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  • July 16, 2020

Received this e-mail today from former presidential candidate, U.S. Senator Elizabeth Warren (D, MA): Texas has a special place in my heart. It's where I got my second chance at college, for $50 a semester at the University of Houston (go Cougars!). It's where my Aunt Bee rescued me by...

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  • July 9, 2020
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The Economist has a great piece out about former Vice President Joe Biden’s presidential candidate. The part that I think always deserves emphasis about how Biden has quickly reached out to Bernie Sanders and his team to help draft a progressive agenda that he can implement as president: When Mr...

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  • July 3, 2020

Received this e-mail yesterday from former Presidential candidate, U.S. Senator Elizabeth Warren (D. MA), in support of Joe Biden’s presidential candidate: This is a time of tremendous crisis for our nation.   Across the country, Americans are flooding the streets protesting the injustice of police brutality and affirming the unshakable...

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  • June 18, 2020

Fox News recently highlighted that Moscow Mitch is totally against the “defund the police” movement: Senate Majority Leader Mitch McConnell on Monday slammed the growing liberal momentum behind the “defund the police” movement as “outlandish.” His comments referenced the growing left-wing movement in cities such as Minneapolis — where George Floyd died last month in police custody...

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  • June 15, 2020

Politico has a great piece out today how U.S. Senator Cory Gardner (R. CO), who is absolutely one of the most vulnerable incumbent GOP Senators this election cycle, used to have the cannabis industry’s support in the U.S. Senate. But thanks to U.S. Senate Majority Mitch McConnell (R. KY) and...

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  • May 23, 2020

Here’s the latest news out of Kentucky courtesy of Public Policy Polling: PPP’s newest Kentucky poll finds that Mitch McConnell continues to be unpopular in the state, with only 41% of voters approving of the job he’s doing to 48% who disapprove. Only 69% of Republicans approve of the job...

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  • May 20, 2020

Where to start with when it comes to the results of Sweden’s COVID-19 response?  Sweden decided to tell their seniors to stay at home, and they essentially left most of their economy open.  The idea was that the younger Swedes would achieve herd immunity and protect the more vunerable seniors...

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  • May 19, 2020

Boo fucking hoo: Ohio Gov. Mike DeWine (R) asked that Amy McGrath, the Kentucky Democrat challenging Senate Majority Leader Mitch McConnell (R-Ky.) for his seat this year, refrain from using his image in her advertising after she cited him in a video blitzing McConnell. “Ohioans are focused exclusively on getting through COVID-19 and getting our...

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  • May 17, 2020

Donald Trump sounded very troubling in his press conference today. He spoke almost in the fashion a strongman or a dictator would speak.  If too many bend to his wishes, then we will be closer to accepting him as an authoritarian. Donald Trump the Authoritarian Watch the entire episode here. Donald Trump...

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  • May 16, 2020

Kudos to Dan Desai Martin at The American independent for highlighting this: Sen. Martha McSally (R-AZ) did not attend a Senate hearing Tuesday on the federal government's coronavirus response so she could take a trip on Air Force One with Donald Trump. The Senate Banking Committee, of which McSally is...

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  • May 11, 2020

New York Magazine has a must-read piece out right now: When fourth-term senator Joe Biden built his Wilmington, Delaware, home in 1996, he had no plans to turn it into a backup office, let alone a presidential-campaign isolation bunker from which to plan a crisis presidency an order of magnitude more expansive than anything...

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  • May 11, 2020

Kitchen Table Kibitzing is a community series for those who wish to share a virtual kitchen table with other readers of Daily Kos who aren’t throwing pies at one another. Drop by to talk about music, your weather, your garden, or what you cooked for supper…. Newcomers may notice that...

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  • May 9, 2020

Elie Mystal from The Nation has a new piece out about how U.S. Senate Majority Leader Mitch McConnell (R. KY) wants to block businesses from being sued for putting their workers are risk during the COVID-19 pandemic: McConnell has “insisted” that the next stimulus package will include legal immunity for...

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  • May 3, 2020

Chuck Todd used his Meet The Press opening to show the dire straits our country is in right now. He made it clear that it is a failure of Trump’s government that is responsible. Trump’s failure created the falling dominos Chuck Todd first illustrates the level of death Americans are enduring...

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  • April 27, 2020

Received this e-mail from Rep. Katie Porter (D. CA-45) in support of Joe Biden’s presidential campaign: I don’t have time to beat around the bush, so I’ll get straight to the point: I need you to donate $5 to Joe Biden’s Presidential Campaign right now. Will you contribute? It was the honor of...

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  • April 26, 2020

In “Why Mitch McConnell’s State Bankruptcy Idea Is So Stupid,” Josh Barro makes a very important and elemental point about Mitch McConnell’s proposal to let states go bankrupt.  Bankruptcy is only available to those who are insolvent – and no state is even close to insolvency because they have the power to tax. ...

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  • April 26, 2020

Evil is as evil does when it comes to Moscow Mitch’s declaration that the states should go bankrupt rather than have the federal government keep them afloat during the coronavirus pandemic.  And it appears that Kentucky Democrats are not going to let the famous Grim Reaper off the hook when...

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  • April 24, 2020

I like the sounds of this: Joe Biden’s campaign is mounting an aggressive behind-the-scenes effort to address the biggest weakness of his candidacy: A lack of enthusiasm among the liberal base, particularly young voters. Since his landslide victories earlier this month, Biden’s advisers have engaged in talks with a range...

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  • March 29, 2020

We are not so much in uncharted territory as much as the Twilight Zone. Death Cab for Cutie-pie x So let me get this straight: the Trump administration is willing to hand out $500B to corporations to save executives, but isn't willing to spend $1 billion on more ventilators to save...

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  • March 28, 2020

We are now beginning to see the dimensions of the crisis as Trump in his presser continued to not actually implement the DPA but rather use it as a threat to encourage corporate volunteerism, as if getting a Pernod distillery to produce 1,000 gallons of hand sanitizer was a big...

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  • March 23, 2020

Joe Biden and Why America Needs a Strong Progressive Movement photo: Former Vice President Joe Biden and Sen. Bernie Sanders of Vermont at Sunday’s debate at a CNN studios in Washington, D.C.(Evan Vucci / Associated Press) | Los Angeles Times By Alan Minsky, Executive Director – Progressive Democrats of America In...

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  • March 18, 2020

17% of cases tested in my state revealed themselves COVID-19 positive. Georgia, home of the CDC is presently 100% positive for COVID-19 How’s the testing in your state? The United States’ ability to detect COVID-19 is crucial to understanding how the coronavirus — now confirmed in nearly every state and territory —...

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  • March 17, 2020

The corporate mainstream media continued to play favorites even in the one on one debate. CNN's Dana Bash tried to stymie Bernie Sanders' Social Security challenge of Joe Biden's past positions. Bernie would have none of it. Bernie did not let Bash get away with attempted smear x x YouTube Video Dana...

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  • March 16, 2020

Some big news today from ABC News Campaign Reporter, Molly Nagle, on Twitter: x NEW: @JoeBiden's campaign confirms that he has reviewed @ewarren’s bankruptcy plan closely, and is endorsing her proposal, as he said in his IL town hall. That's a significant shift, as the proposal would largely undo the...

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  • March 14, 2020

We’re at a crucial point, with the Coronavirus, with the economy collapsing and America’s political future hanging in the balance. At this time, Joe Biden seems poised to the Democratic nomination. To this I have to warn: do NOT nominate Joe Biden. It would be an absolute disaster, not just in 2020...

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  • March 13, 2020

Two years ago the United States became the world’s largest petroleum producer due to oil extracted by fracking oil shale deposits. Monday, the oil fracking boom came to an end as petroleum prices plunged 30% when Russia and Saudi Arabia entered into a oil price war. http://www.nytimes.com/… Crude lost as much...

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  • March 10, 2020

FiveThirtyEight went there and attacked “party elites” today as the reason for the “inevitable” loss of Warren. It doesn’t make anyone feel better, except that whoever those “party elites” are, they have made the Democratic party do some very stupid things in its history. As we’ve seen, becoming the party elite...

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  • March 6, 2020

We’re going to see a lot of triangulating until the convention. The Nation endorsed Warren. x Time for Bernie to respectfully show differences w Biden— on Biden’s support for trade deals that hurt workers, on enabling Iraq which destabilized ME, on Biden’s support for cuts to social security, and support...

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  • March 5, 2020
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First off, this is bull shit: Michael Bloomberg said at the height of the housing crisis in 2008 that getting rid of “redlining,” the biased housing practice that stopped banks from providing mortgages in low-income, largely minority neighborhoods, was to blame for the collapse. Bloomberg's presidential campaign said Thursday the former New...

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  • February 13, 2020

A caller to Politics Done Right told his story about having to spend $160,000 of his savings even with private health insurance in one year for a brain condition. He would still have his money if we had Medicare for All but instead, he was forced to transfer it to rich shareholders. Private Health...

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  • February 5, 2020

David Dayen has a piece out in the American Prospect that profiles businesswoman, former Lt. Governor candidate and current U.S. Senate candidate, Sarah Riggs Amico (D. GA). Riggs Amico’s campaign is highlighting the story of her family’s business as a narrative to win over voters: Sarah Riggs Amico was the Democratic...

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  • January 26, 2020

Some big news out of Iowa today courtesy of the Des Moines Register: The Des Moines Register editorial board endorses Elizabeth Warren in the 2020 Iowa Democratic caucuses as the best leader for these times. The senior U.S. senator from Massachusetts is not the radical some perceive her to be....

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  • January 26, 2020

I was interested in just who Jay Sekulow is.   I found out he is a very busy man.   He is so busy that he is the perfect person that Trump would have picked to be Chief Council.   He is an entertainer, an activist and reported to be one of the...

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  • January 26, 2020
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