Verbatim

The votes today have been tallied and I accept the voters’ decision…No one could have anticipated the entrance of a multimillionaire with a questionable past who shattered campaign spending records and spent more in four months than has ever been spent in a primary race here in Florida. While I was disappointed with the negative tone of the race, I couldn’t be more proud of our campaign and our supporters for fighting back against false and misleading advertising…

— Florida Attorney General Bill McCollum, conceding victory in the Republican primary for the governor’s seat, but not endorsing former opponent tea bagger Rick Scott, despite attempts by Florida Republicans to claim unity after the slugfest.

Obama Proves Hoover, GOP, Tea Party, and FOX Wrong

DepressionApplesScore one for the Obama administration; zero for Republicans, Tea Baggers, and FOX News. A newly released study by two esteemed economists (yes, I know that’s an oxymoron) shows that Obama’s fiscal policies did indeed pull the country back from the brink of a depression brought about by Bush-Cheney mismanagement.

…the economists argue that without the Wall Street bailout, the bank stress tests, the emergency lending and asset purchases by the Federal Reserve, and the Obama administration’s fiscal stimulus program, the nation’s gross domestic product would be about 6.5 percent lower this year.

In addition, there would be about 8.5 million fewer jobs, on top of the more than 8 million already lost; and the economy would be experiencing deflation, instead of low inflation.

We all know how Hoover’s policies worked out. This study show the GOP/Tea/FOX versions would work no better.

The authors of the work, reported in the New York Times, are former Federal Reserve vice chair Alan S. Blinder and Moody’s Analytics chief economist Mark Zandi.

The study makes clear that Obama’s use of multiple strategies to bolster the economy was essential.

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If Tea Baggers Were Black…

WhiteSlaveSmSometimes it’s hard to improve on the original, and Eric Effron’s editorial in a recent issue of The Week is such a case. What if, Effron asked, tea baggers were black?

It’s a provocative thought experiment: “Imagine,” writes author and self-described anti-racism activist Tim Wise, “if the Tea Party were black.” In reality, of course, the Tea Party is virtually all white, but for the sake of this exercise, imagine that members of Congress in March had been surrounded by thousands of angry African-Americans, yelling insults at white, Southern politicians and talking about “revolution” and “taking the country back.” Or, imagine that the hundreds of gun-rights activists who recently descended on the nation’s capital, many armed with AK-47s and handguns, were black. Would admirers of the Tea Party view such protesters as patriotic Americans entitled to voice their heartfelt opinions, or as a dangerous mob that the police and the FBI should closely watch? And what if there were a black Glenn Beck, with millions of devoted followers, calling for a public uprising against a tyrannical U.S. government? Would he be seen as an entertainer—or as a threat to public safety? “To ask any of these questions,” Wise concludes, “is to answer them.”

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