Pearce: Budget cuts won’t cause any “real layoffs.” Ed woes “fabricated.”

February 6, 2009

by David Safier Why bother with analysis when the quotes speak for themselves? Here's Russell Pearce as quoted in the Arizona Guardian: "If you want to get rid of something, you tax it. If you want to increase something, then deregulate and untax it," he said. The budget cuts made last week will not cause

UPDATE: Obama signs SCHIP bill into law

February 6, 2009

Posted by AzBlueMeanie: President Barack Obama on Wednesday signed a bill extending health coverage to 4 million uninsured children, a move he called a first step toward fulfilling a campaign pledge to provide insurance for all Americans. Obama signs kids' health insurance bill "I refuse to accept that millions of our children fail to reach

Does that mean Arizona education is on life support?

February 6, 2009

by David Safier A week ago I spotlighted this comment from Jon Kavanagh about the effects of Republican's budget hatchet: "There are painful cuts but none are lethal, so it appears." I guess Kavanagh is enamored with his life-or-death analogy. In a form email he sent out Thursday to anyone who complained about the budget

Crazy As They Wanna Be

February 5, 2009

by Michael Bryan I suspect that the Arizona GOP will pull a Jonestown now that Janet has handed them the keys to the campsite. With no effective institutional opposition from Democrats to be had, there is a danger that their most ideologically intoxicated members will convince the rest to drink the Kool-aid, herding their elected

The Action Americans Need

February 5, 2009

Posted by AzBlueMeanie: President Barack Obama posted this op-ed in the Washington Post today Barack Obama – The Action Americans Need. Some of the highlights: What Americans expect from Washington is action that matches the urgency they feel in their daily lives — action that's swift, bold and wise enough for us to climb out

Laissez-Faire Reaganomics Is Dead (1981-2009). Get Over it.

February 5, 2009

Posted by AzBlueMeanie: The Rachel Maddow Show had the best reporting on the testimony of Harry Markopolos, because Rachel included an explanation of how we got here in the first place with Nobel Prize winning economist Paul Krugman. Transcript MADDOW: The Madoff whistleblower today, Mr. Markopolos. He said today that the SEC, the Securities and

Must See TV: Harry Markopolos explains how the Bernard Madoff Ponzi Scheme was possible

February 5, 2009

Posted by AzBlueMeanie: I have been to many committee hearings over the years, but I have never witnessed anything as riveting and informative as what transpired before the House Financial Services Subcommittee on Wednesday. Wow! Former investment manager Harry Markopolos, who investigated investment adviser Bernard Madoff for some 9 years, testified before the committee about

Young Wright: budget cuts “a desire to privatize our educational system”

February 4, 2009

by David Safier Nancy Young Wright (D, LD-26) doesn't mince words in a Capitol update to her constituents when she expresses her opinions about the budget cuts. In this excerpt, she addresses the rush to get the budget finished and signed, as well as the entire budget writing process. The rush to pass these cuts seems to

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