CNBC's Mary Thompson attended the meeting as JPMorgan Chase Chairman and CEO Jamie Dimon apologized yet again.
Protesters storm the J.P. Morgan Chase shareholders meeting but Jamie Dimon, who lost $2 billion bucks, will still stay on as CEO. And Mitt Romney calls for the repeal of Dodd-Frank, the only thing standing between your bank account and another economic meltdown.
Former Sen. Byron Dorgan (D-ND) saw it all coming, and he’ll join Ed (who reports tonight from Washington, D.C.) for reaction and analysis.
Meanwhile, Romney warns of a "prairie fire of debt" during a campaign stop in Iowa. But Ed will remind him who started that prairie fire with MSNBC Political Analyst Richard Wolffe. And check out this excellent chart:
The mayor of cable news, Bill O’Reilly, is trying to fool "the folks" again, saying there’s no such thing as income inequality. Howard Dean, former Democratic National Committee Chairman, former presidential candidate and the founder of Democracy for America, and some Big Eddie charts will set him straight.
An Oklahoma Republican is taking major heat for saying it should be legal to fire someone for being gay. Tonight, James Lankford responds to his critics. Karen Finney, MSNBC Political Analyst and former DNC Communications Director, joins Ed for that.
Last night, Ed told us the Democratic National Committee was stiffing Wisconsin Democrats in their campaign to recall Gov. Scott Walker. Callers to Ed’s radio show are furious with the national party and now the DNC is responding.
And in the Big Finish, Facebook's co-founder is renouncing his American citizenship to dodge hundreds of millions of dollars in taxes and righties are calling him a hero! Ilyse Hogue, columnist for The Nation magazine, will weigh in on that.
It's going to be yet another packed @EdShow at 8pET on @msnbctv.
Join the conversation now or during the show by commenting on Facebook and/or tweeting (with the #edshow hashtag) so we can share your thoughts on the show.
The @TweetTron9k is powering up the circuits to put yer tweets on the teevee!
Leave a Comment:
When will Wall street learn to be resposible instead of being a bunch of casino gamblers only looking out for themselves.
never because they never get caught with their hand in the cookie jar lol
Never. Next question?
Let me guess.... The vulture chart... again...
I swear... Sometimes, I think Ed drew those bloody vultures himself, he's so proud of them...
Nope not the vulture chart but the budget chart that shows how much of the budget the GWB tax cuts are costing.
The chart is actually the one that shows what the deficits would have been without the crap GW did in 8 years.
Ed.....I just found this new article on MN Public Radio that might be of interest. Apparently Common Cause is really mad at ALEC!
#.T7LrTCz3eMB.facebook
We do need to end the right wing filibuster that has prevented real progress for this country. Republicans are against America and they have shown contempt for any jobs bills Democrats came up with. We definitely need more regulation and the end of gambling on Wall Street.
If Bill O. is the mayor of cable news...then Ed is the toilet bowl cleaner. These lame charts he and/or his writers make up are really funny.
The cause of the national defecit. Obama's policies....Obama....Barack Obama.
Our country cannot afford 4 more years of this kind of lame leadership. Its not even leadership. Our children and their children cannot afford 4 more years of Obama trying to give people who will not work our hard earned money. " I want some o dat "obama money"....yea right!
That God that come Nov. .....the Obama reign will over over.
Everyone have a great evening.
There is nothing anyone can say or do that would make me vote for a back stabing XXXXXXX traitorous REPUBLICAN. I HOPE THEY ALL BURN IN XXXX!!! I vote in every election and I have whatever XXXXXXXX ID they want. No offense.
I don’t like what I’m hearing from Democrats, Liberals, Progressives and Independents… Ever been to a political meeting of Liberals? FOCUS is not their strong point… Passion yes, energy yes, noble deeds yes, the ability to accomplish one task at a time, toward a higher goal… f*** NO!
Just in the last few months I’ve wasted precious time listening to every issue under the sun. these rights those rights, this environmental disaster or that one, this war or that, this arms dealer to that, this endangered species or hunters, the Palestinians and more than I wanted to hear\ about LGBT and abortion… AND MORE! When all I wanted was to get everyone on board with ONE GOAL IN MIND that was VERY IMPORTANT at this time. That would be to do everything possible to get to the root of ALL OUR PROBLEMS… to DESTROY the Republican Corporate Ho Party in the next few elections.
Hey don’t take my word for it. Read “Ominous Politics…” by John S. Saloma III, the book of all books describing how the Left failed to counter the plans of the Conservative “Labyrinth”
It’s like the Republicans are the ONLY people who have any idea what Long Range Strategic Dimensions in politics. They have acquired a steady stream of financing or contributions, set in motion political action groups, religious broadcasters, corporate political organizations. They had the patience to follow through to achieve their goals and agendas.
If the Left wing allows the liars to get away with it you don't deserve the right & freedoms the USA provides
As posted on consciousmc.blogspot.com
I agree I wish the Dems knew how to fight and win. Unfortunatly I think the Republicans will win. The only thing I hope is they win enough to make it so horrible that old fokes are thrown into the streets and millons go hungy. I believe only then will the republicans be defeated once again for 40 years. That is what it took the last time.
I hate to see the suffering but I believe most people are stupid, and we get what we elect. I truely hope I am wrong.
Excuse me dems do fight they just don't go around bragging about it because since Reagan first came up with that lie it has been repeated non stop by the GOP and media, when dems do fight it has a public backlash because the GOP talking points go from not fighting to the dems are out to hurt the economy because they put a stop to a wonderful GOP bill. Or do you forget how the GOP blamed Frank for the deregulation of Freddie and Frannie even though the democrats were the minority in the house and the deregulation passed with 100% republican voting for it.
SpoAct: I completely agree. Liberals: The phrase 'herding cats' comes to mind. The last 'action' group I attended, everyone was actually quite brilliant. Everyone was well read, informed, educated, professional, and all off on their own tangent. I'm neither charismatic nor a leader, so lack the ability to focus others. Libs are intellectual, but truly pathetic at strategy. It's so disheartening. I don't care about any subtext right now. We just need to get liberals elected, period.
1) 5 TRILLION...thats 5 TRILLION in New debt in 3 years and more to come !
2) UNEMPLOYMENT ...hovering around 9 % and everyone KNOWS it's higher
3) 750 BILLION...that's BILLION in failed stimulus spending
4) My Burgers, My Gas....and even my Health Care are going UP,UP,UP !
THAT is Barack Obama's record....He's starting to make Jimmy Carter look like a GENIUS !!!
Except most of that is from the GOP voting to keep the GWB tax cuts in place as well as the GWB debt that came with daily interest rates that keep going up the longer the GOP, As you have been informed of since you first tried this fuzzy republican math in one of your very first posts. Funny how that number never changes oh and btw just because you repeat a lie 3 times or more doesn't make it a fact, it is still the same lie it was the first time you posted that lie.
tell you what you right wing people you want the economy to improve have both sides of the aisles take a pay cut and ask mitt romney to stop the bush tax cuts and come up with a way for the jobs to stay in here . but when the democrats proposed to take those tax cuts away you right wing morons cried and cried about it quit giving tax breaks to big oil and quit having wall street control this country
This is proof of my 6.1 comment earlier
Why is it that Democrats are not good at math? Why can they not do basic addition and subtraction?
Everytime they begin to whine, it is about how the Bush tax rates are the reason for the deficit. However, these rates over 10 years have only reduced federal revenues by about $1.4 trillion. The cost of the "unfunded wars" was about the same over the same period of time. The cost of the Medicare Drug prescription problem...about $130 billion over 10 years.) That gives us about $3 trillion over ten years or $300 billion a year.
Obama's deficit is over $!,000,000,000,000 per year (ONE TRILLION DOLLARS).
That leaves at least $700,000,000,000 (700 Billion Dollars) per year that we are overspending as a country.
ITS A SPENDING PROBLEM PEOPLE!!!!!!
How much of the added debt was Obama putting the unfunded expenditures like the 2 wars, medicare part D, and the tax cuts on the books? Bush never put them on the books because he didn't want the increased deficit to be blamed on him.
Brad...correct me if I am wrong....the National debt includes all the money we owe, regardless of whether it was on the books or not in regards to the annual deficit. My point is that even if it had been on the books, the amount of money we spend annually is at least $700 BILLION more than what we have in the current budgets.
IT IS A SPENDING PROBLEM!!!!
Its a tax cut problem along with a GOP borrow and spend because deficits don't matter to them. Broken record and here is your clue, what is the GOP's answer to a spending problem, why cut spending then give it all away while increasing the governments ability to deny people of their rights which means more police and more courts and more prisons. Just because you post a lie more then 3 times does not make it any more true then it was the first time you told the lie.
It's not a tax cut problem at all if you can do math. Our deficits (both current AND future) are far in excess of any amount of tax revenue. Furthermore, it's a known fact that Democrats are the borrowing/spending party so your argument is baseless.
LOL does the NDAA ring a bell? Obama signed that. Stop pretending Obama is all for the freedom and rights of the people. He's no better than the GOP and you know it.
Just because you call it a lie more than three times doesn't make it one.
If deficits matter to the Democrats, why are they continuing to create the largest ones in the history of the country year after year after year after year?
Why can't the Democrats be the party of leadership that they claim to be and set an example of how we get out of the mess that the Republicans supposedly got us into?
Once again WHOM...you continue to mouth off, yet you can never back up your statements and prove ANYTHING I said was a lie.
Because they don't have any answers either. The best they can do is compare Obama's half-assed economic strategy to the imaginary policy of McCain/Palin that never happened.
This chart is based on the CBO's "static" economic model, which means it excludes the possible effect of tax cuts on GDP - i.e. it assumes that GDP would be the same whether there were tax cuts or not. It is very conceivable, if not probable, that the Bush tax cuts precluded a post-911 economic meltdown which could have lowered GDP to the point where deficits would have been even greater than they were over the past decade.
News Flash... ABC News is reporting that they have gotten a copy of the medical reports related to the injuries that George Zimmerman suffered on the night of the incident with Trayvon Martin. A broken nose, two black eyes, two cuts on the back of this head and a back injury.
I wonder how long it will be before Ed bothers to share this information.
So what? what has that to do with the national debt?
as long as we keep supporting bail out of coorperate greed and GWB tax cuts and the war in afganistan the national debt will go down
legalize weed and tax everyone who sells it from the cartels to the street level dealers
You all think things are bad now, put Romney in the White House and he does what he says he will do repeal healthcare, defund planned parenthood, He endores the Ryan Budget. so that means you take all the social programs out food stamps, housing, medicare, medicaid, social security for disabled. and what you will have is people trying to live off min wage. Crime will be like it has never been before people will go hungry and homeless. you cant make it on them wages without asst. and when people are hungry they get angry and they will do whatever to servive. but dont worry becouse the money they save from the social programs the rich will get a bigger tax break. and corp are not going to create jobs. when repeal healthcare happens jobs will be lost. min wage you can not afford healthcare. believe me you better bar your doors and windows.
That is why reform has to be implemented over 10-20 years, basically a generation, rather than via immediate draconian cuts that would only make the situtation worse. Better to freeze the tax code for a decade and focus all attention on the spending side of the equation, to reinvent government in a way that maintains an adequate safety net, promotes economic growth and provides smart and effective regulation of free market capitalism. Otherwise, we face the mediocrity of socialism or tyranny of communism or fascism.
That's what I hope happens if Mitt is elected. I grew up when the country was coming apart. The people wage earners, black, poor the 99% of us Cities began to burn, great songs were song, 4 young people were shot and killed on a college campus in Ohio by US Soldiers, a president was shot and killed and a senator a few years later, the country was coming apart.
Things changed for the better after those terrible years were over! The price paid in Blood.
In the 30's Unions a rose blood ran in the streets company owned mining camps disappeared. Things got better after those terrible years were over!. The price paid in Blood.
Until the 99% rise and demand and shed blood because blood is all we have, the People in power the 1% is not going to give you a God damn thing. Why do you think you are any different than your elders. FREEDOM DEMANDS BLOOD FROM EACH GENERATION.
I hope I am wrong and I mean no offense to anyone. I am an old man now just running off at the head. But American history at least for the 99% of us is written in Blood. Whenever we lose our way God Help us and be with the 99%s for they are the ones that pay in Blood.
You're making way too much sense for this Tea-idiot crowd
Mike good post thanks.
First of all why are they the Bush Tax Cuts, Obama extended them. Lets call them what they are Obama Tax Cuts. Secondly the debt for the Wars at least the debt from November 2008 when Obama took office is on Obama, not Bush. Obama said he would end the wars. Thirdly when in our history has a war been paid for prior to or during the war?
Why do we refer to them as cuts? Why are they not called rates?
19 million manufacturing jobs when Dubya took office , less than 12 million when he left. Just a little reality check for you Teabag idiots.
The only reason Obama extented them (tax Cuts) was because of the traitorous republican party threaten to pull the plug on millions of the 99%ers on unemployment at Christmass time.
I believe Obama is the greatest and smartest President that ever lived!! He is making a monkey out of the Republican Party. And getting things done dispite the record republicans fillbusters.
I am an old white man that use to be, I am ashamed to say a republican. The republican party needs to be defeated to get the nuts out of it before it destoryes the country.
Mike that has been the problem since Reagan found a way to put the dems in a no win position, if they do one thing they are accused if they do another they are accused if they speak out they are accused. How can a 1 arm boxer fight against a 4 arm opponent and to make it even harder the dems have to fight with that one arm tied behind their back.
Mike. Obama had two years in office with democrat majorities in both the House and Senate and failed to even attempt to reform Taxes yet you believe he extended the tax cuts because he was forced to.
Judging from your photo I would say you are old enough to have been a Republican when the Democrats were fighting against the Civil Rights Act and you are ashamed of that. If any political party has a shameful history it would be Democrats.
And the GOP filibustered every budget bill. Gee ez thought you could run that old lie just because someone is new here and you hope you can misinform. I don't believe Mike is one of you.
Whom, Thats right Whom, Republicans stopped Obama dead in his tracks, that is way Obama Care didn't get passed right? They stopped Frank Dodd too, right? If Obama wanted Tax Reform he had the opportunity to get it done. The absent of any attempts to do so would lead a prudent person to believe he doesn't want Tax Reform.
Mr M. Drumm:
I am a senior citizen, and I've witnessed a lot of corruption in this government. The US Supreme Ct has now become part of the corruption with Citizen United, allowing unlimited money to buy our politicians. Personally, I'm tied of paying taxes from my pension for this do nothing Congress' salaries. They want to take the country down just to regain control. Continue to educate these knuckleheads with the TRUTH!! I love reading your opinion!
Tweenty, The same can be said for Obama and the Senate, spending money we do not have in an attempt to retain power. As a retired person I am sure you live with in your means. Why do you expect anything less of your Government or your neighbors? I live in California and the state has the same problem spending is greater than revenue and their only answer is rise taxes. "Life, Liberty, and the pursuit of happyness" is dificult when the Federal Government takes 20% of your income, the state takes 8% of your income, then charges you 7.5% sales tax, Gas Tax, Alcohol Tax, Tabacco Tax, etc.... And why are they doing it, no to support the military or build and maintain roads. 23% of the Federal Budget goes to Medical and 22% goes to the pensions and benefits of retired Federal Workers. We can't live off our retirements so Federal Workers can enjoy theirs. And now we have this Occupy Movement that wants everything for free. I imagine you worked throughout your life to support yourself and family, is it really too much to demand that others do the same.
2ez...correct me if I am wrong, but didn't every Democrat in the Senate vote against Obama's budget that he proposed? EVERY SINGLE ONE? and yet the Republicans are the ones responsible for nothing passing? How many bills has Harry Reid (while in his magic underpants) refused to bring to the floor for a vote because he did not like the fact that it passed in the HOR?
republiCONs-R
americans do not want any more free trade agreements because it only help the top 5 % , why did obama signed 3 more free trade agreement ???
workers--the unions said no , but obama approve all 3 , why ??
why can't democrat shut down all legal immigration for 10 years to help unemployed vets ?? unemployed americans ???
illegals are invading america and taking our jobs, why did obama stopped deporting the illegals ????
those are big things that we can do to help the unemployed vets and unemployed american. i know democrats are catering to hispanics for their votes, but unemployed american and the vets should come before the hispanic vote.....
i'm a democrat and i voted for obama, but not sure who i'm going to vote for.
Jose there are jobs, crop are rutting in the fields. President Obama has sent back more illegal then any President before. Republican have stop ever jobs bill. And know we have Fascist Tea Party in control. They say no to jobs.
Palm don't leave out the fact that this is not the 1930's and US citizens can not live on the wages field work pays when everything from rent to food has increased so much that $120 a week no longer will let you rent a room or an apartment let alone pay for food.
both parties are taking bribes from corporations, that must be stopped..we need public funding of campaigns ...
our bribe politicians made it possible for corporations to outsource the jobs to china....outsourcing of our jobs is america # 1 problem..
our country is being invaded by illegals from mexico---south america---and from other countries.....we must secure the mexico border..we have 75 million americans---vets unemployed---under employed....
legal immigration ?? should be shut down, we have 75 million americans unemployed...
why is the ed show not talking about this 3 issues which is destroying our country ?? hurting our unemployed vets ?? unemployed americans ??
heres a little insight to what Obama has faced since his first day in office trying in vein to work with the party of NO who plotted against him and country putting party first over country yet some of you righties blame Obama and say he's a do nothing President I'd like to see what you could do facing this:
As President Barack Obama was celebrating his inauguration at various balls, top Republican lawmakers and strategists were conjuring up ways to submarine his presidency at a private dinner in Washington.
The guest list that night (which was just over 15 people in total) included Republican Reps. Eric Cantor (Va.), Kevin McCarthy (Calif.), Paul Ryan (Wis.), Pete Sessions (Texas), Jeb Hensarling (T...exas), Pete Hoekstra (Mich.) and Dan Lungren (Calif.), along with Republican Sens. Jim DeMint (S.C.), Jon Kyl (Ariz.), Tom Coburn (Okla.), John Ensign (Nev.) and Bob Corker (Tenn.). The non-lawmakers present included Newt Gingrich, several years removed from his presidential campaign, and Frank Luntz, the long-time Republican wordsmith. Notably absent were Senate Minority Leader Mitch McConnell (R-Ky.) and House Minority Leader John Boehner (R-Ohio) --
For several hours in the Caucus Room (a high-end D.C. establishment), the book "Do Not Ask What Good We Do: Inside the U.S. House of Representatives." It says they plotted out ways to not just win back political power, but to also put the brakes on Obama's legislative platform.
"If you act like you're the minority, you're going to stay in the minority," Draper quotes McCarthy as saying. "We've gotta challenge them on every single bill and challenge them on every single campaign."
If this is not treason or subversion, shouldn't most in the GOP be brought up on Ethics Violations for breaking their Congressional Oath of office? I mean, blocking jobs and blocking economic growth would be serious charges? How much more Evidence do we Need? How much more are We going to take?
Also if you're Republican, or just suffer from H.O.P.E. "Hating Our President Excessively" Keep in mind that, One Man Can NOT Change the World ALONE. And the POTUS is NOTHING without a Congress. Need more Evidence then the past 4 years? Keep Electing Idiots, it will be a Regular thing..
For the sake of everything holy someone should lend John Boehner a pair of cajones so he can be able to rule the house before he ruins this country to the ground. Some leader, personally I would be ashamed in facing my own family if I was led by the nose like he is. But I keep forgetting there is no shame anymore in the republican party.
The Republicans have made it very clear what they want at all costs, President Obama out of office. They will risk financial meltdown and a debt crisis as well as America's solvency to get it done. I heard them talking on FNN today about the stock market becoming "untradeable" in the near future. They are not on our side. They don't care how many people go down in this fight. Vice President Biden has it right when he says, "They don't get us." Even if they did, they wouldn't care.
I hope and will do everthing I can to get Obama reelected and in 2016 Hillary. I think they are the brightest and best I seen. I also feel they would even be the best thing for the misguided teabaggers. But don't forget we need to retake the house hold the senate get rid of the filabuster and appoint at least one more to the surprem court .
The one thing the republicans are doing sort of on the positive side. They are helping create more demcrates. Outlawing abortion and birth control will help the black, brown,poor white and latino communities grow. These communities are mostly democrates. Watch out Republicans we are growing it won't be long until we force you to the back of the bus. Happy days ahead.
I was around when the Democrats fought civil right. When president Johnson a Democratic president signed them into law The dixie democrates fleded the party and became republicans I went the other way. Yes I am still ashamed of the republican party.
Government spending it the cause for the deficit, not the bush tax cuts!!!
Obama has spent over $1 trillion tax payer dollars every year he has been in office.
It is a spending problem, not a tax problem.