Showing posts with label Mitt Romney. Show all posts
Showing posts with label Mitt Romney. Show all posts

Monday, March 4, 2013

Billionaires list includes top political donors

Koch Worlds Collide: From the Streets of Fitzw...

The annual Forbes list of the world's top billionaires should look familiar to American political junkies.

Businessmen Charles and David Koch, New York City Mayor Michael Bloomberg and casino developer Sheldon Adelson — who put some of their vast personal fortunes on the line in the 2012 elections — are among the world's top 20 billionaires, according to the magazine's list.

The Koch brothers, who are each worth an estimated $34 billion, rank 6th on the list because of the wealth accumulated from the oil-refining business founded by their father. They pumped millions of dollars last year into conservative causes, including Americans for Prosperity, which was behind many ads criticizing President Obama. David Koch helped raise money for Mitt Romney's presidential campaign and was a delegate to the Republican National Convention in Tampa. Read more >>
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Wednesday, November 7, 2012

Here's what REAL socialists think of Obama's Victory

Excerpted from The World Socialist Website: 

Obama will repay those who turned out to vote for him by carrying out measures that will devastate their jobs, living standards and social conditions. The “grand bargain” that he has pledged to negotiate with the Republicans will come at the expense of the working class, through trillions in cuts to Social Security, Medicare, Medicaid and other social programs.

Obama also hailed the US military, mentioning specifically the special forces troops who killed Osama bin Laden, while claiming that his administration was “bringing war to an end.” This was a reference to Afghanistan, but US troops will remain there in force for years to come, while those who are moved out will be redeployed for intervention in Syria, Iran or other targets of imperialist military attack.

Many who voted for Obama did so to keep Romney and the Republicans out, not because they were enthusiastic about a second Obama term.

The Democrats will, as always, interpret their own victory in the most restrained and conservative terms. The last thing they want is a mandate to oppose the plutocracy, since they serve the same corporate interests. They will extend the olive branch to the Republicans, allowing the Republican-controlled House of Representatives to set the agenda in Washington, as it has for the past two years.

The Obama White House made virtually no effort to elect a Democratic-controlled House, with the president providing a recorded phone call offering his personal support to only one Democratic congressional candidate. Read more >>

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Monday, November 5, 2012

The Middle Class Is Worse Off Than You Think


The decline of the middle class has emerged as a key issue in the presidential campaign with both candidates promising policies to restore the economic stability of the middle class.

The conventional view has wages for the middle class, particularly men, stagnating over the past 40 years. But Michael Greenstone, economics professor at MIT and director of The Brookings Institution's Hamilton Project, says the situation is much worse than that.

Greenstone tells The Daily Ticker that after studying the data more carefully he found "that a lot of men are no longer in the workforce or are working part time."

"If you put them back in, the earnings of the guy in the middle have declined 20% over the last four decades," he says. "As a result, the median earnings of men are back to the levels that prevailed in the 1960s."

In the latest jobs report released Friday, the average hourly earnings for men and women rose a penny to $23.58 an hour. That caps a 1.6% gain over the past 12 months, which is not enough to keep up with 2% inflation as measured by the Consumer Price Index. Read more >>

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Friday, October 5, 2012

16 Critical Economic Issues That Obama And Romney Avoided During The Debate


But the reality is that both candidates were telling the American people what they want to hear.  If either Obama or Romney told the truth about what we are facing they would lose votes, and in a race this tight both of them really want to avoid doing that.  Obama and Romney both desperately want to win this election, and the words that are coming out of their mouths have been carefully crafted to appeal to the "undecided voters" in the swing states.  If you actually believe that they can deliver on everything that they are promising, then you must not have been paying much attention to U.S. politics over the past several decades.

Perhaps the biggest failure on Wednesday night was debate moderator Jim Lehrer of PBS.  His questions were about as far from "hard hitting" as you could get.

The hour and a half debate was almost entirely about the economy, and yet almost all of the critical economic issues were ignored.

Yes, Obama and Romney have slight differences when it comes to tax rates and regulations, but those small differences are not going to do much to change the direction of this country one way or another.

Meanwhile, there were some really huge issues about the economy that were not addressed at all last night....

1 - In an hour and a half debate about the economy, the Federal Reserve was not mentioned a single time.

2 - In an hour and a half debate about the economy, Ben Bernanke was not mentioned a single time.

3 - In an hour and a half debate about the economy, quantitative easing was not mentioned a single time.

4 - In an hour and a half debate about the economy, the term "derivatives" was not used a single time.  Considering the fact that derivatives could bring down our financial system at any moment, this is an issue that should be talked about.

5 - In an hour and a half debate about the economy, there was no mention of the millions of jobs that have been shipped out of the country.  Considering the fact that both Obama and Romney have played a role in this, it is probably a topic they both want to avoid.  Overall, the United States has lost more than 56,000 manufacturing facilities since 2001. Read more >>

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Thursday, September 13, 2012

Rich-Poor Gap Widens to Most Since 1967 as Income Falls

The U.S. Census Bureau figures...underscored the struggles of American families in a sputtering economic recovery. The report also showed the income gap between rich and poor people grew to the widest in more than 40 years in 2011 as the poverty rate remained at almost a two-decade high.

“Weirdly, I think you’re going to see both sides take these numbers and suggest it’s evidence why ‘I should be elected,’” said Steve Jarding, a lecturer at Harvard University’s Kennedy School of Government and a former Democratic political consultant.

Median household income dropped 1.5 percent last year to $50,054 -- the lowest level since 1995 when adjusted for inflation -- while the proportion of Americans living in poverty was 15 percent, little changed from 2010. The 46.2 million people in poverty remained at the highest number in the 53 years since the Census Bureau has been collecting that statistic.

The economic plight of Americans is at the center of November’s presidential election. Republican challenger Mitt Romney argues that people are worse off because of President Barack Obama’s economic policies. Obama counters that Romney would push plans benefiting the wealthiest at the expense of the middle class and those striving to escape poverty. Read more >>

Wednesday, August 29, 2012

Gasoline Rising To 4 Month High

Hurricane Isaac and a deadly blast at Venezuela’s Amuay refinery pushed gasoline to an almost four- month high and threatened to revive a debate about energy costs in the run-up to the presidential election in November.

Futures jumped yesterday in New York as Isaac forced closures of Gulf Coast refineries and reduced rates at others. That market is also reeling from an Aug. 25 explosion in Venezuela that killed at least 48 people and closed the country’s largest fuel-making plant. Futures are up 23 percent since their 2012 settlement low of $2.5501 a gallon on June 21.

Prices at the pump will be the highest ever for the U.S. Labor Day holiday, AAA said yesterday. The surge reignites an issue that has pitted President Barack Obama, who has called for the elimination of billions of dollars of subsidies enjoyed by the oil and gas industry, against the presumptive Republican nominee Mitt Romney. It also spurs speculation that Obama will release supplies from the Strategic Petroleum Reserve to ease prices for consumers. Read more >>

U.S. Firms Move Abroad

Taxes
More big U.S. companies are reincorporating abroad despite a 2004 federal law that sought to curb the practice. One big reason: Taxes. Companies cite various reasons for moving, including expanding their operations and their geographic reach. But tax bills remain a primary concern. A few cite worries that U.S. taxes will rise in the future, especially if Washington revamps the tax code next year to shrink the federal budget deficit.

"We want to be closer to where our clients are," says David Prosperi, a spokesman for risk manager Aon plc, which relocated to the U.K. in April. Aon has told analysts it expects to reduce its tax rate, which averaged 28% over the past five years, by five percentage points over time, which could boost profits by about $100 million annually.

Since 2009, at least 10 U.S. public companies have moved their incorporation address abroad or announced plans to do so, including six in the last year or so, according to a Wall Street Journal analysis of company filings and statements. That's up from just a handful from 2004 through 2008. The companies that have moved recently include manufacturer Eaton Corp., oil firms Ensco International Inc. and Rowan Cos., as well as a spinoff of Sara Lee Corp. called D.E. Master Blenders 1753. Read more >>

Thursday, July 19, 2012

Nearly all of Congress refuses to release tax returns

Day 093/365 - Tax Time Phat Cash!
Democrats in Congress have called on Republican presidential candidate Mitt Romney to release more tax returns, but most of them have refused to release their own tax forms.

For three months, McClatchy requested the most recent tax returns from all 535 members of Congress, but only 13 Democrats and 3 Republicans shared their detailed tax information. The rest either refused to share their tax returns or ignored McClatchy’s request.

Members of Congress are required to file financial disclosure reports that list their major sources of earned and unearned income. However, the disclosure reports do not contain the same detail of information found in tax returns, omitting financial data such as spousal income. Read more >>

Tuesday, July 17, 2012

Survey: Only 23 percent of U.S. companies plan to grow staff

Here's a sobering attitude check: the European debt crisis, coupled with fears that the U.S. economy is going to go off the so-called fiscal cliff in 2013, have put U.S. companies in a particularly grumpy mood.

Sixty-two percent of businesses don't plan on making any hires in the next six months—a significant uptick from the 48 percent who said the same thing back in April, according to the National Association for Business Economics. Only 23 percent of of those businesses polled in June said they planned to add staff in the second half of 2012.

In other words: the worsening we've been seeing with monthly unemployment numbers will continue. And the political fisticuffs between President Barack Obama and GOP challenger Mitt Romney will only get fiercer. Read more >>

Friday, July 13, 2012

US deficit on track to exceed $1 trillion for 4th straight year

The U.S. budget deficit grew by nearly $60 billion in June, remaining on track to exceed $1 trillion for the fourth straight year. Through the first nine months of the budget year, the federal deficit totaled $904.2 billion, the Treasury Department reported Thursday. President Barack Obama is almost certain to face re-election having run trillion-dollar-plus deficits in each his first four years in office. That would likely benefit his opponent, GOP presumptive nominee Mitt Romney.

Obama and congressional Republicans remain at odds over how to lower the deficit. Unless their disagreement is broken, a series of tax increases and spending cuts could kick in next year. Economists warn that could dramatically slow an already weak U.S. economy and even tip it back into a recession. The Congressional Budget Office predicts the deficit for the full year, which ends on Sept. 30, will total $1.17 trillion. That would be a slight improvement from the $1.3 trillion deficit recorded in 2011, but still greater than any deficit before Obama took office.

One positive sign this year is the deficit is growing more slowly than last year. In June it was 6.8 percent behind the pace for the same period in budget year 2011. And a key reason for that is that revenues are up 5.2 percent this year, while spending is down by 0.9 percent. But the modest improvement has not cooled the budget debate in Washington. Read more >>

Tuesday, June 26, 2012

“Netanyahu has Decided to Attack Iran before the U.S. Elections”

Iran has 3 Russian-built Kilo class submarines...
According to the Promethean Post, Senior Israeli officials now confirm that Prime Minister Binyamin Netanyahu has, “decided to attack Iran before the U.S. elections in November.”
 
Netanyahu’s agenda is much broader than knocking out Iranian nuclear installations for his aim is to reshape the political landscape in the USA and Israel shifting everything to the far, far right in order to create a new comfort zone for religious fundamentalists.

Friday, May 25, 2012

100 Million Americans Without Jobs

English: A homeless man in Paris Français : Un...
The national unemployment rates gets lots of attention, and lately more attention has been paid to the workforce participation rate since more Americans have given up looking for a job, but we can also see that an astounding 100 million Americans don’t have jobs.

Specifically, these are people who are part of the civilian over-16 non-institutional population who are either unemployed or not part of the workforce. According to the April jobs report, the number of jobless American stood at 100.9 million.

That’s an all-time record and it’s an increase of 26.2 million over the last 12 years. It’s as if we absorbed the entire adult population of Canada and not a single person had a job. More>>

Friday, May 11, 2012

Poll Shows Americans' Pessimism on Economy Growing

NEW YORK - JANUARY 07:  A billboard advertisem...
Americans are growing more pessimistic about the economy and handling it remains President Barack Obama's weak spot and biggest challenge in his bid for a second term, according to a new Associated Press-GfK poll.

And the gloomier outlook extends across party lines, including a steep decline in the share of Democrats who call the economy "good," down from 48 percent in February to just 31 percent now. Almost two-thirds of Americans — 65 percent — disapprove of Obama's handling of gas prices, up from 58 percent in February. Nearly half, 44 percent, "strongly disapprove." And just 30 percent said they approve, down from 39 percent in February.

These findings come despite a steady decline in gas prices in recent weeks after a surge earlier in the year. The national average for a gallon of gasoline stood at $3.75, down from a 2012 peak of $3.94 on April 1. More...

Monday, May 7, 2012

Goodbye NDAA, PATRIOT Act, Federal Reserve Act and Wars if Paul Wins

Ron Paul at the 2007 National Right to Life Co...

No other Republican Presidential candidate has ever received the enthusiastic popular support in the Republican Stronghold of Orange County that Ron Paul received in his visit to Cal State University, Fullerton, on May 3rd, 2012.

Six thousand enthusiastic fans crowded into the Titan Stadium, which was not designed to hold 6000. The line stretched around the stadium. Seats ran out, but supporters continued to pile in, standing to see their candidate. Mitt Romney has never received that kind of support in Republican Orange County.

Once in office, Paul will repeal the NDAA, the PATRIOT Act and the Federal Reserve Act. The audience, by its standing ovations and chants showed its agreement with the plan. Paul noted that 75% of Americans want America out of Afghanistan. He pointed out that we are less respected and less liked in the world because of war policies. He said that a lot of innocent children and people are dying from our drone attacks. People are asking, “Why are we being terrorized by bombs falling out of the sky when we haven’t done anything to America?” More...

The Daily Paul

Alaska: Ron Paul supporters team with Joe Miller to take over Alaska Republican Party
Colorado: Ron Paul wins Minnesota, Colorado delegates to Republican National Convention
Iowa: “I Think Ron Paul Just Won Iowa!” Rachel Maddow April 23, 2012
Louisiana: CONFIRMED: Ron Paul Wins Louisiana!
Maine: Maine GOP Convention: Paul shakes up the party
Massachusetts: Ron Paul Destroyed Mitt Romney In Massachusetts This Weekend
Minnesota: CONFIRMED: Ron Paul WON Minnesota!
Missouri: Ron Paul Sweeps Missouri Caucus!
Nevada: Ron Paul WINS Nevada! More...

Tuesday, May 1, 2012

Paul Krugman Demonstrates What a Complete Idiot He Is


Nobel-prize winning economist Paul Krugman and Republican presidential candidate Ron Paul talk about inflation, monetary policy and the role of the Federal Reserve. They speak on Bloomberg Television's "Street Smart." (Source: Bloomberg)

Saturday, April 28, 2012

The Time to Wake Up Family & Friends is NOW




We don't have time to be ignorant anymore

"NDAA and NDRP are huge attacks on our constitutional rights. Whether or not this law or a similar law was put in place 50 years ago, it is a terrible breach of our constitutional rights and huge mistake that has knocked down the scales of justice. The branches of powers cannot be kept in balance when the executive branch takes this kind of power. The NDAA was bad enough, add NDRP to the list and we have a full on war against the people. This not only affects every American citizen, but every person in the world. do your own research. Many people will not stand for this, will you?

"If you are amongst the rest of the country either laughing at these current elections, or shaking you head in embarrassment, then you really should do some research on Ron Paul. He is the only candidate that will protect our constitutional rights in a time of economic collapse, which we are currently facing. Obama has already proven he is willing to take away our personal liberties during a time when they should be protected. People who take advantage of vulnerable nations, are not people you want running this country. Wake up please."

Vote Ron Paul.

Saturday, May 15, 2010

First two sacrificial goats on the Tea Party's altar: Bennett and Mollohan

WASHINGTON, DC - SEPTEMBER 30:  Deputy Republi...Image by Getty Images via Daylife

A Political Insurrection Has Begun
Gary North
On Saturday, May 8, an extraordinary event took place. United States Senator Bob Bennett, a 3-term Republican, failed to make the cut for his party's primary. Not only was he not nominated to run, he did not make the cut to get nominated. He was a distant third. Two Tea Party candidates beat him.

Bob Bennett is a legacy Senator. His father served as Senator before him.

This was an insurrection.

Bennett had turned squishy years ago. He had an undeserved reputation as a conservative. He backed the TARP bailout in 2008. Then he backed Obama's health insurance bill. That did it. "No mas!" The folks back home sent him a message: "You're out of here!"

Then, three days later, across the country, it happened again. Congressman Alan Mollohan of West Virginia, was smashed in the Democratic Party's primary, 56% to 44%. He had held that seat for 14 terms – almost 28 years. He had supported Obama's health care bill. He was one of the Stupak Seven. When Stupak folded, Mollohan folded. That ended his political career.

This is a bipartisan insurrection. It indicates that the voters have finally had enough. It may represent a turning point in American politics.

Think about what these two votes mean. In American politics, voters decide between two parties. Politicians' campaign strategies are targeted at the 80% of the voters who are in play. The 10% at each end of the political spectrum are either true believers or staunch enemies. They are ignored. They get platitudes from the candidates, but that's all. A politician who campaigns on a straight ideological platform is extremely rare. Ron Paul is such a politician, but how representative is he of politics in general?

As soon as a person is elected to Congress, his party supports him thereafter, no matter what. Local politics is seen as "our man in Washington vs. their would-be interloper." The faithful party member now overlooks every deviant vote by the incumbent. The incumbent is always seen as better than the other party's candidate, no matter who that candidate is.

At the level of the Presidency, there are enough independents and enough marginal voters to enable a popular candidate to win votes from members of the other party. Think of Jimmy Cater in 1980. Reagan overwhelmed him. Carter lost votes from his own party.

The nation is really divided. We have never seen before what happened under Clinton and Bush II: a pair of two-term Presidents from rival parties. There is now ebb and flow at the national level. No party has a lock on the Presidency.

This ebb and flow has not existed locally within a party. Once elected, a Congressman or a Senator who decides to run again is going to get the nomination of his party at the next election. The faithful conclude, "Our man, right or wrong." Bob Bennett and Alan Mollohan discovered that this tradition has ended.

It ended without warning. Bennett did not figure out what was about to happen to him until the last minute. To save his candidacy, he invited Mitt Romney to introduce him at the convention. How out of touch can a politician be? Mitt Romney represents the Eastern Republican Establishment. He was governor of Massachusetts. He passed a health care law similar to Obama's. That Bennett thought Romney could help him with the Republicans back home indicates how completely out of touch he had become.

Yes, Romney is a Mormon. Yes, Utah is Mormon. In the good old days, the folks back home would have thought, "It's us vs. them." But with his voting record, Bennett had moved into the camp of "them." He did not perceive this until it was too late.

In a CNN interview with a man identified as the founder of the Tea Party movement in Utah, the interviewer with the flowing hair tried to identify Bennett as a conservative. She reeled off names of supporting right-wing Beltway groups. The man being interviewed shrugged this off. "It isn't a matter of conservatism," he said. "It's a matter of responsibility." Bennett should not have voted to bail out failing companies, he said. But, she hastened to ask, "should a man's career end because of one vote?" His answer was perfect: "His career WILL end with that vote." And it did. CNN then switched to Bennett, who defended that vote. He is gone. The video is worth watching.

The incumbents are facing an insurrection. A fundamental assumption of all Congressional politics is being called into question: guaranteed re-nomination of incumbents. This means that the folks back home are going to nominate newcomers who are dependent on swing voters in a way unseen before in American politics. There will be no more of "our man, right or wrong."

This means that voters back home are so angry that they would prefer to lose the November election with a candidate who reflects their views rather than win with an incumbent who doesn't. It means that the politics of the Capitol Hill club is no longer secure. It means that the Old Boy Network of incumbents on the Hill can no longer secure automatic re-nomination.

If this continues, the nation's political system will change. Incumbents will have to pay attention to the opinions of the voters in their parties in their districts. This places power in the hands of dedicated minorities back home who are willing to send a message to their men in Washington: "You will remain our man for only as long as you vote our way on the issues that matter to us." There will be no more free rides at the nomination level.

This is a positive development. It introduces an element of uncertainty into national politics. The informal alliances on Capitol Hill will be undermined as never before. The ever-popular game of logrolling will get more risky. Logrolling is this: "I'll vote for your pork-filled bill if you'll vote for mine." Incumbents play this game for pork's sake. But if voters back home are angrier about pork-for-all than they are about insufficient-pork-for-us, the political structure will begin to shift rightward. This will fundamentally change the rules of the game.

TARP AND THE MSM

I find it hard to believe that voters are finally willing to throw out an incumbent in their party because he voted the wrong way on some pork-filled law. But TARP really infuriated voters. In October 2008, voters were opposed to the bailouts. As one North Carolina Congressmen put it, his district was divided 50-50 between "no" and "hell no." But Paulson's warning of imminent collapse carried the day. It also carried Obama to victory a month later.

The general rule is this: voters forget in six months. They do not bear political grudges. The general rule got broken with TARP.

It will get broken with Obama's health insurance law, too. As the costs rise, the public will be reminded. When I say "the public," I mean the swing voters in both parties who are hopping mad about the law and willing to exact revenge.

Political revenge has been rare in American politics. That is because voters did forget. They moved on. They could be manipulated by the media to get them all in a dither about the latest political issue. But the Web is changing all this. The Web lets hopping mad people stay hopping mad. The mainstream media no longer control the flow of information. They no longer determine what issues will get attention by the public. With respect to the swing voters who can withhold the nomination from incumbents, the Web has become the crucial factor. The mainstream media no longer call the shots.

These is another factor to consider: single-issue voting. The single-issue voter is the bane of a politician's career. This voter will vote against anyone who votes against his issue. He also keeps informed about how politicians have been voting.

Congress has fought against this by concealing votes whenever possible. The language of bills to consider an issue is confusing. Sometimes, Congressmen vote by voice rather than by having their votes recorded. This policy has been facilitated by the local press, which could always choose not to write about a Congressman's unpopular vote.

Today, because of the Web, it is difficult for politicians to conceal their votes from special-interest groups and single-issue voters. They must therefore make choices regarding which groups to alienate. This in turn makes politics more divisive.

HOW TO INFLICT PAIN

An old friend of mine is retired California state Senator Bill Richardson. He taught me a great deal about local politics. He is the founder of Gun Owners of America. He told me that politicians want to avoid pain. If you can create pain for them, you can get them to change on specific issues. He said that one of his direct-mail strategies was to find a weak position in the voting record of a state representative who was in favor of gun control. In the man's district, he was not in trouble about his votes on gun control. So, Richardson would find an issue that did put him at risk. Then he would do mass mailings into the man's district that focused on his unpopular votes. The guy always knew who was creating the problem for him. Richardson made sure he knew. Richardson would then offer a deal: no more mailings in exchange for some crucial vote on gun ownership. He got votes this way.

The cover provided to local politicians by the mainstream media is worth less and less, because the mainstream media are dying. These media outlets are not being replaced by media outlets that gain the readership locally of large numbers of people. Instead, local readers focus on whatever single issue that motivates them most. If a politician deviates from the acceptable line – not a party line – the voters in his district who are committed to the position find out.

These voters have generally not been political activists involved in precinct politics. But in the last year, the spending issue has mobilized a previously unorganized group of single-issue voters. Because spending encompasses everything that civil government does, the Tea Party movement is a major threat to politicians who are always ready to vote for more spending, which is most of them.

The first two sacrificial goats on the Tea Party's altar are Bennett and Mollohan. Because they are in different political parties, different regions, and different-colored states – red and blue – their defeat represents a serious threat to politics-as-usual. Defeat at the primary level is not supposed to happen.

There is no media protection for politicians now. They can run, but they can't hide. In the case of Bennett and Mollohan, they can't even run. Their careers as politicians are over.

SEND THEM A MESSAGE!

That phrase was made popular by Gov. George Wallace in the 1972 election. So was his other phrase: "There's not a dime's worth of difference between the two parties."

Today, the Tea Party movement rests squarely on these two phrases. The defeat of Bennett and Mollohan has sent a message to Washington. It is the only message 80% of Congress understands: fear. They can see that their parties may not support them this year. They also see that a refusal to oppose new spending bills will lead to their departure from Washington.

This is going to change the political landscape in the United States. The Tea Party is in a position to do what Bill Richardson recommended: impose pain. Politicians respond to pain. The greatest pain is the loss of votes back home. Nothing else comes close.

The two primaries produced results that are historically unprecedented. These two primaries were preceded by the failure of Gov. Charlie Crist of Florida to receive the Republican Party's nomination for U.S. Senator. He says that he will run as an independent. This may kill the campaign of fiscal conservative Marco Rubio in November. But Rubio can get nominated again. He will not be seen as a loser; he will be seen as the victim of a spoiler. Crist is finished politically. The Republicans will resent him for not bowing out gracefully.

There is nothing wrong with spoiling, if you can continue to kill a party's chances at the general election. At some point, the party's hierarchy will have to work out a deal. Otherwise, they are doomed to defeat. But a one-shot spoiling campaign is suicidal. It kills the future threat. It sends this message: "These people don't have the votes. Ignore them." Crist is a threat this time only because he is the governor. He will not be governor again.

The Tea Party is sending a message across the country to both political parties: "Ignore us at your peril. We are in a position to end your careers." Hard-core big spenders in safe districts will not pay any attention. But without the votes of their vulnerable peers, they will not be able to ram through big-spending bills.

The ability of the Democrats to get votes for any new spending bills has been drastically reduced over the last week. Members of Congress in marginal districts will hesitate to commit political suicide. Also, there will be more announcements of long-term Democrats who plan to retire. No one wants to be publicly defeated by some upstart. It is easier to retire on a fat Congressional pension.

The familiar game of politics is now vulnerable to upstarts who are motivated by one issue: reduce government spending. They cannot be easily bought off. They are not pork-seekers. If they stick to their guns and get organized locally, they will be able to inflict enormous pain on incumbents. This process has begun.

CONCLUSION

I think the next Congress will be less ready to pass huge spending bills. Obama's domestic agenda was thwarted over the last week in Utah and West Virginia. It will be thwarted even more in November.

This will not be enough to save the country from a flood of red ink. That ink was guaranteed in 1965, when Lyndon Johnson signed Medicare into law. It was guaranteed by Bush II's prescription drug subsidy. The killer programs are at present untouchable. But, at the margin, the President's agenda is in trouble. He will be blamed for the deficit. He will be blamed for the costs of the health insurance law.

Mollohan's defeat was more significant than Bennett's. It sent Democrat incumbents a message: "No mas!" If a politician in a safe Democratic district thinks he can recruit volunteers in a self-immolation program of additional Federal spending, he will find that in January 2011, there will be far fewer members of his party willing to join him . . . or her. Nancy Pelosi will have a harder time rounding up the votes. She may even become the Minority Leader.

That thought cheers me up. I am a fan of the politics of revenge.