These are corporate profits after taxes
as a percentage of gross domestic product.
Blast from the Past. At Daily Kos on this date in 2006—Overlooking Oversight:
The Republican party has fallen out of love with impeachment. The same Republicans who probably have a dog-eared copy of the Starr report on their bookshelves now react to the word "impeachment" like vampires stepping out into the midday sun. The Republican National Committee has been whipping up fear among its base (and consequently raising money) by claiming that if Democrats are elected, they will...gasp!….impeach George W. Bush.
Tim Russert couldn't help but jump in the sandbox as well today, warning that if Democrats win the House, Conyers will be chairing the House Judiciary Committee. Conyers, as Russert pointed out, wants an investigation to determine whether grounds for impeachment exist. On The Huffington Post, Conyers responds:
Perhaps Mr. Russert has forgotten, but I have been a Chairman before. For five years, from 1989 to 1994, I was the Chairman of the House Government Operations Committee, now called the Government Reform Committee. I have a record of trying to expose government waste, fraud and abuse.
That was back when Congress did something called "oversight." You know, in our tri-partite system of government, when Congress actually acted like a co-equal branch. The Republican Congress decided to be a rubber stamp for President Bush instead.
Perhaps, if we had a little oversight, we wouldn't be mired in a war based on false pretenses in which we have lost thousands of our brave men and women in uniform and tens of thousands of innocent Iraqis.
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Tweet of the Day:
ATTENTION: LIBERALS HAVE INFILTRATED #BENGHAZI HASHTAG, SO USE ALL CAPS SO PEOPLE KNOW YOU ARE CONSERVATIVE.
— @TeaPartyCat via HootSuite
On today's
Kagro in the Morning show, the day's hot stories kick things off, from Chris Christie to the Cleveland kidnappings. But the bigger picture dominated, as
Greg Dworkin filled us in about new studies suggesting enormous savings to come from bending health care cost curves down. Pretty much as anticipated. Though Simpson & Bowles actually had that right initially, somehow they became convinced of the opposite. Also: "The Layman's Case Against Austerity," David Dayen's reporting on replacing Ed DeMarco, another dive into journalistic discussion of Green Lanternism, and the newest ethical gray area in DC: "political intelligence" consulting.
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