U.S. banks in 2012 post highest profits since '06 (Reuters)
Emily Stephenson reports that new data released by the FDIC shows 2012 was a very good year for finance, but they're worried about the effects of an economic slowdown caused by the sequester. What about the banks? Won't someone think of the banks?
That GOP civil war is getting nasty!
LaTourette, who retired from Congress in January and hopes his organization will be a key factor in 2014 Republican efforts, said in a statement, "The Club for Growth is a cancer that has attached itself to the Republican Party." LaTourette added, "The Club repeatedly backs candidates who espouse bizarre views on rape, incest, immigrants and even witchcraft. … The left wants to caricature the Republican Party as out-of-touch and extremist and the Club spends millions to help them do this."Bam!
A Club for Growth spokesman quickly shot back at LaTourette in an interview with TheDC.Pow!
"It's not surprising. He's a liberal," Club for Growth spokesman Barney Keller said. "He's defending his fellow liberal RINOs. He's never met a bailout he didn't like. Primarymycongressman.com is designed exactly so voters are aware of the other Steve LaTourettes out there."
There's Karl Rove versus the Club for Growth, and the tea party versus Karl Rove, and Louisiana Gov. Bobby Jindal saying that the GOP must stop being the "stupid party," which it has no intention of doing. You have right-wing Republicans already tanking the GOP's chances of picking up the open Iowa Senate seat next year (ultra-nut Rep. Steve King will be unchallenged for the nomination), not to mention putting the Georgia one at risk by chasing the incumbent into retirement.
It's hard for these guys to focus on Democrats as long as they're beating the shit out of each other. All the while, changing demographics and social norms push them further into the margins. Remember, it wasn't just the Todd Akins and Richard Mourdocks who lost last year. The GOP establishment candidates all got their asses handed to them as well.
Yet they'll be fighting this internal war all the way through the 2014 election cycle, while we get to focus on sending House Speaker John Boehner back to the minority and making the NRA as radioactive as it deserves to be.
Best of all, the things that make Democrats more popular with mainstream voters also make them more popular with base liberals (like protecting Social Security). But the things that would make the GOP more competitive—like dropping social issues, compromising more, not hating brown people, and accepting the validity of science—are violently opposed by their base.
So they might as well fight each other, because they ain't gonna get far fighting for new votes.
Scalia, like other conservatives (on the Court and otherwise), thinks that efforts to enforce equal voting rights are somehow discriminatory against the majority race (i.e., whites, or otherwise those who didn't need the Voting Rights Act to have their voting rights protected). As Think Progress notes, his remark "raises concerns that his suspicion of the Act is rooted much more in racial resentment than in a general distrust of unanimous votes," the latter being an argument he has made in the past (as if somehow unanimous votes are, in and of themselves, suspicious and indeed illegitimate, which is remarkably stupid).
I'll leave it to others to dissect this contemptible man's legal views. I'd just add that if you don't know the difference between a right and an entitlement, if you don't understand the purpose of the Voting Rights Act and why it might still be necessary to protect voting rights from those out to strip them away, and if your judicial mind and worldview generally is clouded by self-regarding bitterness, you should have no place on the highest court in the land.
Big Hack Attack! - Rep. Keith Ellison tells-off Sean Hannity, who tries the angry black man gambit before cutting him off. (Raw Story)
"There were moments of joy and light but also moments that were not easy. There were moments, as there were throughout the history of the Church, when the seas were rough and the wind blew against us and it seemed that the Lord was sleeping. I took this step in the full knowledge of its gravity and rarity but with a profound serenity of spirit." -Benedict Palpatine, in today's farewell address.
I'm guessing that the lord was sleeping when Joey was working for Hitler and when he covered up all the rape of little children. What a vile pig.
U.S. stocks rose to a 5 year high today, and came very close to setting an all new record high.
Steve King will probably be the Republican candidate for the open Senate seat in Iowa, after Tom Latham decided he didn't want to spend two years of his life being splattered by the bullshit that would emanate from Michele Bachmann's male doppelganger. Now that he has the nomination if he wants it, King is playing coy:
A potential Senate race remains an analytical decision first and then one that requires deep conviction. Such a decision includes, of course, my family and the best interests of Iowans and Americans. It is too big a decision to be rushed.
My analysis tells me that the best interests of Americans will be served by a homophobe, racist,dogfight supporting Teabagger candidate who likes to talk about rape and is hung up on Obama's middle name.
Hey, kids, looks like another candidate has tossed his asshat into the ring for our Legislative Shitmuffin of the Year contest! The newest contendah is New Hampshire state Rep. Mark Warden (R-Fuck This Guy), who was one of four members of an NH House committee to vote in favor of reducing the penalty for some cases of simple assault from a misdemeanor to a "violation-level offense." Speaking in support of the reduced penalty, Warden explained it's merely a matter ofaccommodating different lifestyle choices, you know, to be considerate of the wife-beaters. READ MORE »
Hi Lizzz! HIIIIIII! WE LOVE YOU!!!! Why? Well, in addition to the usual reasons, Ben Bernanke appeared in front of the Senate Banking Committee yesterday, and Elizabeth Warren basically asked him stuff like: Why is everything still so horrible, Ben? Why are you doing absolutely nothing to fix anything, Ben? Why are you just standing there with your dick in your hand while the banks crap all over the American people, Ben? If you love the banks so much, why don't you marry them, Ben? READ MORE »