POLITICS: The myth of Republican fiscal conservatism

The Republicans regularly claim that the deficits and the national debt are the handiwork of the Democrats and Democratic policies. However, the Republicans have been and still are the architects behind our fiscal situation. They’re also a major barrier to resolving the country’s current fiscal situation. It’s amazing that Republicans can keep up this fiction. Via Taegan Goddard’s Political Wire:

Federal Budget Reality Check

New York Times: “The parties share blame for the current fiscal situation, but federal budget statistics show that Republican policies over the last decade, and the cost of the two wars, added far more to the deficit than initiatives approved by the Democratic Congress since 2006, giving voters reason to be skeptical of campaign promises.”

“Calculations by the nonpartisan Congressional Budget Office and other independent fiscal experts show that the $1.1 trillion cost over the next 10 years of the Medicare prescription drug program, which the Republican-controlled Congress adopted in 2003, by itself would add more to the deficit than the combined costs of the bailout, the stimulus and the health care law.”

What about the bank bailout? It earned “an 8.2 percent return over two years.” Via Taegan Goddard’s Political Wire:

Bank Bailout Earned 8.2% Profit

The federal government’s bailout of financial firms “provided taxpayers with higher returns than they could have made buying 30-year Treasury bonds — enough money to fund the Securities and Exchange Commission for the next two decades,” Bloomberg reports.

“The government has earned $25.2 billion on its investment of $309 billion in banks and insurance companies, an 8.2 percent return over two years, according to data compiled by Bloomberg. That beat U.S. Treasuries, high-yield savings accounts, money-market funds and certificates of deposit. Investing in the stock market or gold would have paid off better.”

Also, Republicans who were opposed to the $787 billion stimulus bill requested funds from it. Via CBS News:

A rallying cry for many Republican candidates this fall is their fierce opposition to the $787 billion stimulus bill.

Texas Rep. Pete Sessions has been ripping the spending package, using such campaign lines as “no to budget-busting stimulus bills.”

Then there is this boast served up by Minnesota Rep. Michele Bachmann in an advertisement: “I fought against the Bush Wall Street bailout, the failed Pelosi trillion dollar stimulus.”

But it turns out no sooner was the ink dry on the stimulus bill than these lawmakers – and dozens of others from both parties – were reaching out behind the scenes for money to fund millions of dollars in local projects.

“When it came time to get a piece of the pie afterwards, people were writing letters by the dozens,” said John Solomon of the Center for Public Integrity.

That group says it collected nearly 2,000 letters from “scores” of Republicans and conservative Democrats requesting funds from a bill they originally opposed and many still criticize.

But that didn’t stop Massachusetts Sen. Scott Brown from asking for $45.4 million in funds or stop Sessions from requesting $81 million in stimulus money for a Texas rail project, a grant he did not win.

CBS News video:

Stimulus Hypocrisy – The Center for Public Integrity says that many Republican and Democratic politicians who were outspoken in their opposition against last year’s stimulus package actually requested funds from that very same project. Armen Keteyian reports.

On the Net:

  1. The Tea Party Timeline …
  2. Critics Still Wrong on What’s Driving Deficits in Coming Years: Economic Downturn, Financial Rescues, and Bush-Era Policies Drive the Numbers
  3. POLITICS: Tea Party hypocrisy and the myth of Republican fiscal conservatism

BP OIL SPILL: Republicans defend BP

Image: The BP oil spill as captured by a NASA satellite

Given their rhetoric and their policy positions, the majority of Republicans don’t appear to grasp that a robust economy and the availability of energy are both depended on the availability of natural resources and on a human environment that’s not polluted and stressed.

Last week, Texas Republican Joe Barton illustrated the obtuseness and insensitiveness of Republicans when it comes to environmental disasters and the subsequent loss of livelihoods. Barton “apologized to BP CEO Tony Hayward Thursday for what he termed a ‘$20 billion shakedown’ of BP by the White House.” Vice President Joe Biden summarizes:

Newt Gingrich, another Republicans, apparently agrees with Joe Barton. Gingrich characterizes the creation of the $20-billion escrow fund as President Obama “extorting money from a company.”

Nevertheless, Barton’s unreasonable remarks were a blessing for the Democrats and President Obama. More from Chris Cillizza:

Barton, a Texas congressman and the highest-ranking Republican on the Energy and Commerce Committee, decided to apologize to — wait for it — BP chief executive Tony “I’d like my life back” Hayward during a hearing Thursday morning.

“I’m ashamed of what happened in the White House yesterday,” Barton told Hayward, condemning a $20 billion account funded by BP to help pay damages from the spill and calling it a “shakedown” of the company by the Obama administration.

.       .       .

Whatever his reasons, condemnation rained down on Barton as Democrats pointed to him as the symbol of Republicans’ deep ties to the oil industry, and even House GOP leaders such as John Boehner and Eric Cantor averted their eyes and shuffled away from the looming PR disaster.

Barton’s apology to BP — for which he quickly issued a too-little-too-late apology and retraction Thursday afternoon — allowed the White House to reclaim the high ground in the political fight over the oil spill. For sympathizing with the wrong guy, Joe Barton, you had the Worst Week in Washington. Congrats, or something.

It’s no surprise that Republican Michele Bachmann has characterized the fund as a “redistribution-of-wealth fund.” From the Minnesota Independent:

In her address to the group, Bachmann attacked the White House proposal for BP to arrange a $20 billion escrow account to pay for damages from the oil spill . . .

Bachmann had some words of advice for Obama, as well: Don’t demonize BP. The Washington Post’s Dave Weigel caught up with Bachmann after the event, and confirmed that she is in favor of lifting the liability cap against BP. But the congresswoman then went on to defend BP against too much criticism from the administration . . .

EDUCATION: In addition to science, Texas Board of Education attempts to rewrite history

I’m not a conservative or republican since I believe their political views and remedies to some of our most pressing problems are deficient or inadequate. That said, I don’t believe their ideas necessarily lack utility, but I do believe they limit themselves—it’s what makes them conservative.

Stephen Colbert put it best: “Reality has a well-known liberal bias.” Consequently, I feel that in implementing policy (take healthcare reform and any environmental issue for example), conservatives don’t have much to offer from their toolbox to repair or solve any of the diverse problems plaguing our society, so they employ the same unimaginative and predictable ideas.  As a result, their ideas often don’t correspond with reality. Perhaps it’s why only 6% of scientists identify their political party affiliation as Republican. As a result, if you can’t beat reality or objectivity, then attempt to change it. It’s what the Texas Board of Education is attempted to do. From the New York Times:

The Texas Board of Education, notorious for its past efforts to undermine the teaching of evolution in public schools, has now moved to revise the social studies curriculum to portray conservative ideas and movements in a more positive light and emphasize the role of Christianity in the nation’s founding.

It was a disturbing intervention by the board’s Republican majority into educational decisions best left to the teachers and scholars who have toiled for almost a year to produce the new curriculum standards.

.       .       .

Some of the changes sound merely foolish, like replacing the word “capitalism” with the words “free-enterprise system.” One board member explained that the term capitalism has negative connotations, as in “capitalist pig.” Others are very worrisome, like questioning the doctrine of “separation between church and state” and dropping Thomas Jefferson, who coined the phrase, from a list of figures whose writings inspired political revolutions from the 1700s on.

From a practical standpoint, the board has inserted so many conservative figures, groups and concepts that must henceforth be studied that an already-long list of requirements may become unmanageable in the classroom time available.

Educators outside of the Lone Star State worry that Texas buys such a large number of textbooks that its requirements influence what publishers include in books that are marketed nationally. That should diminish as digital publishing makes it easier to alter textbooks from state to state. But even that is no comfort to the students in Texas. They deserve to have a curriculum chosen for its educational value, not politics or ideology.

Historians aren’t happy with the Board’s changes. From the Washington Post (emphasis added):

Historians criticized proposed revisions to the Texas social studies curriculum Tuesday, saying that many of the changes are historically inaccurate and that they would affect textbooks and classrooms far beyond the state’s borders.

.       .       .

Discussions ranged from whether President Ronald Reagan should get more attention (yes), whether hip-hop should be included as part of lessons on American culture (no), and whether President of the Confederacy Jefferson Davis’s inaugural address should be studied alongside Abraham Lincoln’s (yes).

Of particular contention was the requirement that lessons on McCarthyism note that “the later release of the Venona Papers confirmed suspicions of communist infiltration in U.S. government.”

.       .       .

Also contentious were changes that asserted Christian faith of the founding fathers. Historians say that the founding fathers had a variety of approaches to religion and faith; some, like Thomas Jefferson, were quite secular.

Some textbook authors expressed discomfort with the state board’s changes, and it is unclear how readily historians will go along with some of the proposals.

Apparently, the Texas State Board of Education is relying on the Internet to “look up information on historical figures that they didn’t know much about.” More on the issue via the Dallas Morning News:

Hispanic lawmakers and academic experts blasted the Texas State Board of Education for minimizing the contributions of minorities as it attempts to rewrite guidelines for the teaching of history and social studies.

.       .       .

[B]oard members, at their most recent meeting on the curriculum standards, relied on information culled from the Internet while ignoring historians as they drafted amendments to the guidelines, which are supposed to be finalized in May.

.       .       .

Republican Don McLeroy, the backbone of the conservative voting bloc, acknowledged fellow board members used Internet search engines to look up information on historical figures that they didn’t know much about. But he said members didn’t rely on the searches in the formal curriculum rewriting process.

Image by Clay Bennett found here

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POLITICS: According to a poll by Fox News, the Tea Party Movement consists of a fruitless mix of racism & conspiracy theories

The results of this poll are ironic, even if the Fox News poll is an Internet poll. I’d add ignorant to the mix of racism and conspiracy theories though.

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POLITICS: The Republican strategy is to filibuster everything in order to win in November

There’s no doubt that the Republican strategy is to make the Democrats and President Obama fail at governing. To date, it’s been a bold and effective strategy supported by special interests. For example, Big Coal loathes any attempts at climate change legislation or any energy policy touting renewable energy as the way forward. Fox News has been an essential ingredient in the aggressive plan to derail the Obama presidency, and Fox News has no problem peddling bad information or even lies. Another key ingredient has been the Tea Party movement. The Tea Party movement has backed the strategy to derail the Obama Administration’s agenda by consistently parroting disinformation (even though certain policies and reforms recommended by the Obama Administration could benefit members of the tea party movement). To date, these stakeholders in a failed Obama presidency have successfully thwarted health care reform and energy legislation. The only way democrats can remedy this aggressive political strategy is to turn out in significant numbers during the 2010 mid-term elections and with the same enthusiasm that got President Obama elected.

Image via McClatchy Newspapers

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