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Middleboro Review 2

NEW CONTENT MOVED TO MIDDLEBORO REVIEW 2

Toyota

Since the Dilly, Dally, Delay & Stall Law Firms are adding their billable hours, the Toyota U.S.A. and Route 44 Toyota posts have been separated here:

Route 44 Toyota Sold Me A Lemon



Showing posts with label HERMAN CAIN. Show all posts
Showing posts with label HERMAN CAIN. Show all posts

Thursday, April 11, 2019

Whack-A-Ding Herman Cain, Corporate Welfare, SNL, IT'S ALWAYS OBAMA'S FAULT!




GOP TAX SCAM...EXPLODING DEBT and DEFICIT from a serial bankruptcy KING....CORPORATE WELFARE....

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IT'S ALWAYS OBAMA'S FAULT!
EPIC meltdown.
25th amendment?
Trump just had a furious Oval Office meltdown in front of the press. Just...wow.
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RAWSTORY.COM
During an Oval Office interview Tuesday, President Donald Trump claimed it was actually his predecessor who established the unpopular policy of separating migrant families at the border and putting children in “cages.” The president claimed that he isn’t looking to bring back the family separa...




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Will face intense Senate confirmation pushback, which he may have exacerbated after labeling the Senate Banking Committee — the same body responsible for vetting his nomination — a 'bunch of yahoos.'"



Tuesday, April 9, 2019

Federal Reserve ‘Independence’ Means It’s Free to Serve the Financial Industry




FAIR

Federal Reserve ‘Independence’ Means It’s Free to Serve the Financial Industry

view post on FAIR.org

NYT: What’s at Risk if the Fed Becomes as Partisan as the Rest of Washington
New York Times (4/6/19)
Neil Irwin had a New York Times article (4/6/19) warning readers of the potential harm if the Federal Reserve loses its independence. The basis for the warning is that Donald Trump seems prepared to nominate Steven Moore and Herman Cain to the Fed, two individuals with no obvious qualifications for the job other than their loyalty to Donald Trump. While Irwin is right to warn about filling the Fed with people with no understanding of economics, it is wrong to imagine that we have in general been well-served by the Fed in recent decades, or that it is necessarily independent in the way we would want.
The examples Irwin gives are telling. Irwin comments:
The United States’ role as the global reserve currency — which results in persistently low interest rates and little fear of capital flight — is built in significant part on the credibility the Fed has accumulated over decades.
During the global financial crisis and its aftermath, for example, the Fed could feel comfortable pursuing efforts to stimulate the United States economy without a loss of faith in the dollar and Treasury bonds by global investors. The dollar actually rose against other currencies even as the economy was in free fall in late 2008, and the Fed deployed trillions of dollars in unconventional programs to try to stop the crisis.
First, the dollar is a global reserve currency; it is not the only global reserve currency. Central banks also use euros, British pounds, Japanese yen and even Swiss francs as reserve currencies. This point is important, because we do not seriously risk the dollar not being accepted as a reserve currency. It is possible to imagine scenarios where its predominance fades as other currencies become more widely used. This would not be in any way catastrophic for the United States.
On the issue of the dollar rising in the wake of the financial collapse in 2008, this was actually bad news for the US economy. After the plunge in demand from residential construction and consumption following the collapse of the housing bubble, net exports was one of the few sources of demand that could potentially boost the US economy. The rise in the dollar severely limited growth in this component.
Arthur Burns
Former Fed chair Arthur Burns
The other example given is when Nixon pressured then–Fed chair Arthur Burns to keep interest rates low to help his re-election in 1972. This was supposed to have worsened the subsequent inflation and then severe recessions in the 1970s and early 1980s.
The economic damage of that era was mostly due to a huge jump in world oil prices at a time when the US economy was heavily dependent on oil. While Nixon’s interference with the Fed may have had some negative effect, it is worth noting that the economies of other wealthy countries did not perform notably better than the US through this decade. It would be wrong to imply that the problems of the 1970s were to any important extent due to Burns keeping interest rates lower than he might have otherwise at the start of the decade.
It is also worth noting that the Fed has been very close to the financial sector. The 12 regional bank presidents who sit on the open market committee that sets monetary policy are largely appointed by the banks in their regions. (When she was Fed chair, Janet Yellen attempted to make the appointment process more open.) This has led to a Fed that is far more concerned about keeping down inflation (a concern of bankers) than the full-employment portion of its mandate.
Arguably, Fed policy has led unemployment to be higher than necessary over much of the last four decades. This has prevented millions of workers from having jobs, and lowered wages for tens of millions more. The people who were hurt most are those who are disadvantaged in the labor market, such as African Americans, Hispanics and people with less education.
Insofar as the Fed’s “independence” has meant close ties to the financial industry, it has not been good news for most people in this country.

A version of this post appeared on CEPR’s blog Beat the Press (4/6/19).
You can send a message to the New York Times at letters@nytimes.com (Twitter:@NYTimes). Please remember that respectful communication is the most effective.


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Andy Borowitz | Redaction of Robert Mueller's Report Halted as William Barr Passes Out From Sharpie Fumes





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09 April 19

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Andy Borowitz | Redaction of Robert Mueller's Report Halted as William Barr Passes Out From Sharpie Fumes 
William Barr. (photo: Tasos Katopodis/Getty Images)
Andy Borowitz, The New Yorker
Borowitz writes: "The redaction of the Mueller report stalled on Monday after the Attorney General, William Barr, passed out from inhaling fumes from multiple Sharpie markers."
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John Oliver. (photo: HBO)
John Oliver. (photo: HBO)

John Oliver Breaks Down Why Trump Nominating 'Alleged Sexual Harasser' Herman Cain to the Fed Is Dangerous
Marlow Stern, The Daily Beast
Stern writes: "On Sunday night, John Oliver didn't address the recent news of DHS Secretary Kirstjen Nielsen's resignation - his show tapes earlier in the day, as it were - but instead dedicated the opening portion of Last Week Tonight to Trump's recently announced plan to nominate Herman Cain to the Federal Reserve Board."
READ MORE

NATO secretary general Jens Stoltenberg speaks to the media during the NATO Foreign Minister's Meeting at the State Department in Washington, April 4, 2019. (photo: Reuters)
NATO secretary general Jens Stoltenberg speaks to the media during the NATO Foreign Minister's Meeting at the State Department in Washington, April 4, 2019. (photo: Reuters)

A New Nuclear Arms Race: As NATO Marks 70th Anniversary, Threat of Nuclear Confrontation Grows
Democracy Now!
Excerpt: "Commemorations - as well as protests - were held last week to mark the 70th anniversary of the formation of NATO, the North Atlantic Treaty Organization. President Trump used the anniversary to push for NATO countries to increase military spending."
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Honduran father Juan and his six-year-old son Anthony worship during Sunday Mass in Oakland, California. (photo: Mario Tama/Getty Images)
Honduran father Juan and his six-year-old son Anthony worship during Sunday Mass in Oakland, California. (photo: Mario Tama/Getty Images)

Trump Administration Says It Could Take Two Years to Reunite Separated Migrant Families
Jason Linkins, ThinkProgress
Linkins writes: "Thousands of families separated at the U.S. southern border may have to wait as long as two years to be reunited, the Trump administration said in a court filing."
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Thea Hunter. (image: Sanna Stanley/Rykoff Collection/Imran kadir photography/Getty/Frank Fiedler/Shutterstock/Arsh Raziuddin/The Atlantic)
Thea Hunter. (image: Sanna Stanley/Rykoff Collection/Imran kadir photography/Getty/Frank Fiedler/Shutterstock/Arsh Raziuddin/The Atlantic)

The Death of an Adjunct
Adam Harris, The Atlantic
Harris writes: "The story is well known - the long hours, the heavy workload, the insufficient pay - as academia relies on adjunct professors, non-tenured faculty members, who are often paid pennies on the dollar to do the same work required of their tenured colleagues."
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Prostitution is legal in Italy but organized solicitation is banned. (photo: Elisa Oddone/Al Jazeera)
Prostitution is legal in Italy but organized solicitation is banned. (photo: Elisa Oddone/Al Jazeera)

Exploited at Every Turn: The Lives of Italy's Chinese Prostitutes
Elisa Oddone and Antonello Mangano, Al Jazeera
Excerpt: "People of rural origin in China have reported being denied basic rights and benefits."
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Work by one Landscape Conservation Cooperative helped the I'iwi, an endemic Hawaiian honeycreeper, listed as 'threatened' under the federal Endangered Species Act. (photo: Jack Jeffrey/AP)
Work by one Landscape Conservation Cooperative helped the I'iwi, an endemic Hawaiian honeycreeper, listed as 'threatened' under the federal Endangered Species Act. (photo: Jack Jeffrey/AP)

Trump Administration Sabotages Major Conservation Effort, Defying Congress
Mallory Pickett, Guardian UK
Pickett writes: "Scientists and officials around the US have told the Guardian that the Trump administration has withdrawn funding for a large, successful conservation program - in direct contradiction of instructions from Congress."
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Monday, October 22, 2018

GEOFF DIEHL



Democrats: State Rep. Geoff Diehl should cancel fundraiser and return all money collected




The state Democratic Committee is calling for a Whitman Republican to cancel a fundraiser and return any money collected after he asked school officials to send children home with fliers for the political event. State Rep. Geoff Diehl, R-Whitman, should return all money collected from parents for the April 18 fundraiser he has planned at the East Bridgewater Commercial Club, Massachusetts Democratic Party Chair John Walsh said Tuesday in a prepared statement.
The state Democratic Committee is calling for first-term state Rep. Geoff Diehl, R-Whitman, to cancel a fundraiser and return any money collected after he asked school officials to send children home with fliers for the political event.
“How can the voters of his district be sure no funds have been raised by the ‘backpack letter’ scheme,” state Democratic Party Chairman John Walsh said Tuesday in a statement.
Diehl did not return repeated calls or an email seeking comment Tuesday.
On Monday, Diehl said he was just trying to include local children in a fun event when he asked school officials to send them home with fliers for a political event.
The notes, distributed to third-grade students in East Bridgewater and Whitman, invited students to enter a lottery for the chance to read “The Ride of Paul Revere” at a Diehl fundraiser event on Patriots Day, April 18, at the Commercial Club in East Bridgewater.
Children under 12 would be admitted for free, but adults would pay $25 – money that would go into Diehl’s campaign account.
State law forbids the use of public resources, the schools, in this case, to campaign.
Diehl said Monday he had no idea he was violating state law. He said he got the idea because one of his daughters is a third-grader, and because his event included an appearance by former Patriots linebacker Steve DeOssie.

https://www.enterprisenews.com/x1664572252/Democrats-State-Rep-Geoff-Diehl-should-cancel-fundraiser-and-return-all-money-collected


Did anyone notice who did fundraisers for DIEHL?
Among them was Whack-A-Ding  Paul LePage


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BOSTONMAGAZINE.COM
He'll be here to raise money for U.S. Senate hopeful Geoff Diehl.

A Massachusetts GOP Fundraiser Will Feature the One and Only Paul LePage

He'll be here to raise money for U.S. Senate hopeful Geoff Diehl.

https://www.bostonmagazine.com/news/2018/05/10/paul-lepage-fundraiser-geoff-diehl/?fbclid=IwAR330CVlHPGWb7vV88Qw5HF_2jkJRTzjzzClitb2Eyvlwhwfzjf_nfp6sak



If Diehl wants to discuss integrity, not sure Curt Shilling is an endorsement. 

Retired MLB star turned Breitbart radio host to appear at two fundraising events next week


https://www.rollcall.com/news/politics/schilling-fundraising-gop-senate-hopeful-massachusetts?fbclid=IwAR0HYDk1Q32Bd1HuAZZFVuYWjdPwSSmhcBGiEg1NDKMaPFkPXBE8uP5cx3E




Another Republican with strange ideas campaigned for Diehl. 
Do your research. 


From Politico:

"GOP JOCKEYING - Two of the three Republicans angling to take on Sen. Elizabeth Warren may have skipped a debate last night, but all three are working down to the wire — in their own ways — to define their bids ahead of the September 4 primary.
State Rep. Geoff Diehl, for starters, has Herman Cain in town for a fundraiser. It's set to take place at Howie Carr's home in Wellesley later today. The former presidential candidate and creator of the 9-9-9 tax plan — who quit the 2012 race amid sexual harassment allegations — is just the latest nationally connected Republican brought in by Diehl's team in the primary. And as Diehl seeks to maintain his frontrunner status among likely Republican voters, he's also brought in former White House press secretary Sean Spicer and Maine Gov. Paul LePage as fundraising draws." 


https://www.yahoo.com/.../herman-cain-suspends...