Tag: TMC Politics. Politics

Hedge Fund Manager: US In Need Of Massive Stimulus

Back in July, Barton Biggs, a hedge fund manager for Traxis Partners, said that the U.S. needs to invest in a massive public works program, and rich people and corp’s should pay more taxes. Perhaps President Obama, Secretary Tim Geithner and all those who think that spending and tax cuts are the right path should listen to this.

Town Hall Protests Only News If It’s A Tea Party

I’ll bet you any money that you didn’t see this on the TV news or in the traditional media. That’s because, unlike two years ago, these protests are Demograts.

Shouting “Stop Voting Against Jobs,” more than 500 Massachusetts residents converged outside of Senator Scott Brown’s $1,000-a-head fundraiser on the Boston waterfront August 10 — drowning out Brown’s speaking program. Join the fight at MASSIniting

While we were all engrossed in the fake deficit, raise the ceiling crisis, this is what was going on in hometowns of the tea party congress critters.

Dickenson, North Dakots

Berg meeting enflames tensions

FARGO – Divided economic philosophies enflamed a tense town hall meeting Thursday night with North Dakota Republican Rep. Rick Berg.

Some 200 area residents gathered to hear Berg answer for his political positions in Congress and to voice their own opinions on how to fix the nation’s fiscal situation.

Given the recent economic volatility, the federal government’s near-default and Congress’ subsequent debt package to avert it dominated much of the open-floor meeting.

Many residents disliked Berg’s support of the debt package because it failed to reduce long-term spending and to begin cutting the deficit.

Deer River, MI

Cravaack challenged on budget, economy in Deer River

Republican Rep. Chip) Cravaack said he wanted to bring down the tax rate to 25 percent for small businesses because higher taxes are passed on to consumers or result in layoffs.

Audience member Dave Garshelis of Cohasset said President George W. Bush tried that plan and it didn’t work.

“Is this an experiment or a concept or do you have information from somewhere that shows this works?” he asked. “I’m wondering when the jobs are going to happen.”

Cravaack said he wants reduced taxes with the addition of tax reform. He said jobs went to places like Mexico and China because of high taxes in the U.S.

Kevin Kooiker of Pequot Lakes wasn’t so sure of Cravaack’s answer and said the tax rate today is lower than it’s been in years. He said major corporations are known to be sitting on sizeable amounts of money instead of creating new jobs.

“People need to get more money in their pockets,” he said. “The stimulus bill was way too small.”

Tuscon, AZ

McCain deals with contentious crowd at Tucson town hall

TUCSON, AZ (KOLD) – Tuesday was a rough day for Sen. John McCain.

At a town hall meeting on the Northwest side the Arizona Republican took heat on just about everything, from the debt ceiling deal to the war in Afghanistan.

The venue was not large enough for all who wanted to attend and many were turned away. Those who made it inside expressed frustration with just about everything Congress is doing, or not doing.

There were people from across the political spectrum.

Before the town hall even started the senator laid out some ground rules to keep things civil, but had to keep reminding people what they were.

The town hall was contentious with audience members shouting at him and at each other and during one exchange, McCain was interrupted a few times.

Wilkes-Barre, PA

Small Group Protests ‘Lack of Jobs’ at Barletta Appearance

Wilkes-Barre, Luzerne County– A group of protesters rallied outside a Chamber of Commerce breakfast attended by Congressman Lou Barletta in Wilkes-Barre Tuesday morning.

They say they were having a tough time getting Barletta to answer their questions directly– so they got creative.

The group of about 10 ralliers came armed with personal stories of their own hardships– and cardboard cutouts of the congressman.

They say the cut-outs haven’t provided any answers– in their opinion, just like the real lawmaker.

They chanted, “Lou…where are the jobs? Lou…where are the jobs?”

Silver City, NM

Pearce talk draws fire in Silver

SILVER CITY – A woman stormed out of Congressman Steve Pearce’s town hall meeting Tuesday night at the Silver City Senior Center, after calling Pearce a liar and saying “You’re just (BSing) everyone and we don’t buy it.”

“He got off on the wrong foot with me because he started to lie because he said the reason we got downgraded by S&P was because of our deficit,” said Anne Nitopi of Silver City. “That’s not the reason. Those very credit agencies approved junk bonds that turned out to not be worth the paper they were printed on, which created a financial collapse. The government’s inability to compromise is the reason they downgraded us. He took the debt ceiling debate and linked it to the debate about a budget and our deficit. They allowed the Tea Party extremists to threaten our country with default.”

Nothing happening here, move on this way

Mullah Rick Perry To Toss His Turban Into The Presidential Ring

Fresh off his prayer event, The Response, Gov. Rick Perry will announce his candidacy for the Republican Presidential nomination in South Carolina at the third annual RedState conference in Charleston. A lot of attention has been given to Perry’s connection to the event and Rachel Maddow in an extensive piece exposed the hate message that many of the so-called Christians were spreading as the crowds prayed and cheered.

One of the sponsors is a little known bizarre, evangelical group, the American Apostolic Reformation. Al Jazeera notes the AAR’s similarity to the Taliban. The group has been around awhile and was first noticed in the 2008 campaign when one of its most prominent practitioners, Kenyan witch-hunter Thomas Muthee, anointed Sarah Palin. AAR has bragged on line about destroying ancient Native American artifacts much like the Taliban did in Afghanistan with the destructions of the two colossal images of the Buddha in Bamiyan province in early 2001. The ultimate goal is to replace secular democracy, both in America and around the world, with a Christian theocracy, an ideology known as “dominionism”, striking similar to the Taliban and radical Islam. And this is the group that social conservative, religious zealot Rick Perry embraces.

In a long article, the Texas Observer describes them as “Rick Perry’s army of God”:

The new prophets and apostles believe Christians–certain Christians–are destined to not just take “dominion” over government, but stealthily climb to the commanding heights of what they term the “Seven Mountains” of society, including the media and the arts and entertainment world. They believe they’re intended to lord over it all. As a first step, they’re leading an “army of God” to commandeer civilian government.

On a lighter note, Stephen Colbert’s Super PAC,  Americans for a Better Tomorrow, Tomorrow, has produced its first two campaign ads in Iowa  targeting “Rick Parry”.

Congressional Game of Chicken: Countdown to Default Part 2 (Up Date)

There is no deal. The Reid bill failed to get the 60 votes needed for cloture. As expected it was blocked by Republicans and four Democrats. From CNN:

Senate Republicans on Sunday blocked a Democratic effort to end debate and move to a vote on Majority Leader Harry Reid”s debt ceiling proposal, extending consideration of the measure as negotiations continue on a deal to raise the federal debt ceiling and cut spending.

Reid had postponed the vote for 12 hours, until 1 p.m. Sunday, saying at the time there were “many elements to be finalized.” He plans to insert a negotiated final agreement into the proposal once a deal has been reached.

The Republican-controlled House rejected Reid’s plan on Saturday — partisan payback for the Democratic-controlled Senate’s rejection of GOP House Speaker John Boehner’s plan Friday night.

The Senate has been advised not to got to a ball game as there could be another vote later this afternoon with more sell outs to the hostage takers.

Paul Krugman on “This Week with Christiane Amanpour” said that this deal will cost jobs and decrease revenue worsening the crisis to even greater proportions:

    “From the perspective of a rational person, we shouldn’t even be talking about spending cuts at all now,” Krugman told ABC’s Christiane Amanpour. “We have nine percent unemployment. These spending cuts are going to worsen unemployment… If you have a situation in which you are permanently going to raise the unemployment rate – which is what this is going to do – that’s actually going to reduce future revenues.”

    “These spending cuts are even going to hurt the long-run fiscal position, let alone cause lots of misery. Then on top of that, we’ve got these budget cuts, which are entirely – basically the Republicans {saying}, ‘We’ll blow up the world economy unless you give us exactly what you want’ and the president said, ‘Okay.’ That’s what happened.”

    “We used to talk about the Japanese and their lost decade. We’re going to look to them as a role model. They did better than we’re doing,” he added. “There is no light at the end of this tunnel. We’re having a debate in Washington which is all about, ‘Gee, we’re going to make this economy worse, but are we going to make it worse on 90 percent the Republicans’ terms or 100 percent the Republicans’ terms?’ The answer is 100 percent.”

    H/t Raw Story for the transcript

    Up Date: 20:00 EDT There is a tentative deal that could be voted on tonight in the Senate but I wouldn’t count on that considering that back stabbing duplicity of the GOP leadership. Brian Buetler at TPM has the ugly details of the agreement. If this is accurate it will probably throw this country into a second recession with the jobless U-3 heading back into double digits.

    Keep in mind that no matter what the Senate may pass there is the renegade House and this time it isn’t just the tea party faction but the Progressive Caucus that is balking. This is not over yet.

Congressional Game of Chicken: Countdown to Default (Up Date x 3)

The Boehner bill on raising the debt ceiling barely passed the House on a strict partisan line with a vote of 218 to 210. Not one Democrat voted for the bill, 22 Republicans voted against it and 5 Democrats were not present to vote. The bill was essential dead on arrival in the Senate where it was quickly table in a bipartisan vote of 59 to 41.

This is what’s next but it won’t happen until very late Saturday night/early Sunday morning. Why because Sen. Mitch McConnell says so. McConnell is refusing to even negotiate with Reid

Senate Majority leader Harry Reid’s proposed bill is no prize either but at least it moves the debt ceiling limit to past the 2012 election into 2013 and a new congressional session. (I think Reid is betting on taking back the House.) Reid also said that he is open to tweaking but it’s up to Republicans

At a late Friday press conference, Reid suggested that the door is still open to further tweak his proposal, including by adding failsafes to assure future entitlement and tax reforms — but it’s up to Republicans to offer up their votes.

“We have a closet full of triggers, people have suggested dozens of them but even though earlier this week, I was sitting talking to Jack Lew about triggers for an hour and a half and we can’t get Republicans to move on any trigger. We’re not going to have cuts on more programs without some revenue – that is a line we’ve drawn in the sand,” Reid said. “It’s up to the Republicans, right now we have a proposal…we are waiting for them to do something, anything, move toward us.”

How The Revised Reid Amendment Compares To The Revised Boehner Bill

h/t David Dayen @ FDL and Brian Buetler @ TPM

Up Date, 12:22 PM EDT: House Speaker John Boehner has said that the Reid bill is “dead in the water” and is refusing to meet or compromise with the Democrats. The Senate will vote for cloture on the bill at 1 AM Sunday morning. Boehner plans to hold a symbolic vote on the bill this afternoon to reject the plan preemptively.

Reid’s plan which cuts more without new revenue and creates the “super commission” only differs in the length of time for considering raising the debt ceiling again. The bi[artisan Senate plan extends the debt ceiling through 2012 while the tea party plan wants it rehashed in 5 months with guarantees that a “cut, cap and destroy” constitutional amendment is passed. Boehner is probably the worst house speaker since Newt Gingrich and even he knew how to get his ducks in a row and conpromise.

Up Date: 15:35 EDT The House has voted to reject the Reid bill before it even gets to a vote in the Senate. All of the Republicans votes nay along with a few Democrats. The voter was 173 – 246.

House Minority Leader Nancy Pelosi and Sen. Reid are on their way to the White House to meet with the President to presumably to discuss options and the next move.

This is what you get for negotiating with terrorists.

The Reid bill will still come to a vote late tonight at 1 AM EDT.

Up Date 1430 EDT: The Reid bill failed to reach cloture this afternoon it is now back to the drawing board.

Congressional Game of Chicken: “Super Congress”

The bills that have been proposed by Republican and Democratic leadership to raise the debt ceiling putting an an to this wholly manufactured crisis, differ little and both will be devastating to most Americans. One of the commonalities is the creation of a bipartisan commission of 12 that on first glance seems innocuous but on looking closer, it is quite toxic and may even be unconstitutional. This “super committee” will be equally comprised of Democrats and Republicans members of congress. Who and how they will be selected is unclear but considering the current corporate owned, deficit hawk nature of both sides, I suspect it will be their worst conservative “cut spending/no revenue ghouls”.

At first glance, this sounds like the President’s Deficit Commission that couldn’t produce recommendations even 14 of the 18 members could agree. The co-chairs, former Sen. Alan Simpson (R-WY) and former Clinton Chief of Staff and South Carolina businessman, Erskine Bowles wrote there own recommendations and ran it up the flagpole. Needless to say President Obama saluted and embraced the draconian principles that it enshrined, such as decimating Medicare and Medicaid and drastic cuts to Social Security. The “Catfood Commission”, however, had no “teeth”, everything that was suggested would have to be passed as a bill. This new commission is another game and will have the force of law behind it.

Ryan Grimm at Huffington Post has the best description of how this “new congress” will function and just how powerful it will be:

Legislation approved by the Super Congress — which some on Capitol Hill are calling the “super committee” — would then be fast-tracked through both chambers, where it couldn’t be amended by simple, regular lawmakers, who’d have the ability only to cast an up or down vote. With the weight of both leaderships behind it, a product originated by the Super Congress would have a strong chance of moving through the little Congress and quickly becoming law. A Super Congress would be less accountable than the system that exists today, and would find it easier to strip the public of popular benefits. Negotiators are currently considering cutting the mortgage deduction and tax credits for retirement savings, for instance, extremely popular policies that would be difficult to slice up using the traditional legislative process.

House Speaker John Boehner (R-Ohio) has made a Super Congress a central part of his last-minute proposal, multiple news reports and people familiar with his plan say. A picture of Boehner’s proposal began to come into focus Saturday evening: The debt ceiling would be raised for a short-term period and coupled with an equal dollar figure of cuts, somewhere in the vicinity of a trillion dollars over ten years. A second increase in the debt ceiling would be tied to the creation of a Super Congress that would be required to find a minimum amount of spending cuts. Because the elevated panel would need at least one Democratic vote, its plan would presumably include at least some revenue, though if it’s anything like the deals on the table today, it would likely be heavily slanted toward spending cuts.

The tea party Republicans in the House have informed Speaker John Boehner that the commission is totally unacceptable to them. There main objection is they feel it could lead to tax increases. Other critics from the right like Eric Erickson of Red State are opposed mostly because it just ads another costly layer to the bureaucracy that won’t work. From the left, Rep Barney Frank (D-MA) and MoveOn.org expressed concerns that it would cut the big three social safety nets and the idea that it would supersede congress’s parliamentary power.

The ratings agencies have said that the Boehner bill will result in a ratings downgrade since it only raised the debt ceiling by $1 trillion which will require another cap raise in 5 months, creating uncertainty in the bond market. The White House has embraced the Reid version which would move the need raising the ceiling again past 2012 which is more acceptable to the ratings agencies who think the ceiling should just be removed entirely.

This is going to the wire with both sides deadlocked and hamstrung by a small loud and incredibly stupid minority and ineffective leaderchip on both sides.

Congressional Game of Chicken: To The Right of the Right

The rumors and leaks are really coming fast and furious and it looks like Obama ready to sell out any Democratic principles that were left. From Jon Walker at FDL Action:

Reports circulate that President Obama may agree to a massive all cuts debt ceiling package, creating a lot of anger and a sense of betrayal because Obama will fold on his demand that any debt ceiling package contain at least a small amount of new revenue. I can’t understand the amount of anger though because from the moment Obama made this his bizarre line in the sand, chances were he would break his word. Demanding what was basically a symbolic level of loophole closing is such a small and silly hill of sand to fight over, and there was no way Obama was actually going to die on it.

snip

Even the idea that the only thing Obama would go to the mat on here is a symbolic tax increase is almost comical, given his history of not fighting to raise taxes. Obama promised to let the Bush tax cuts for the wealthy expire, but when it came down do it, he let it slide. In fact, the deal he made to extend them actually included more tax cuts. And now reports are Obama is searching for a way to avoid having this tax fight again in 2012.

It is bizarre to have Obama basically saying “I will “give in” on Social Security cuts but only to achieve my goal of changing how corporations deduct the purchase of a jet.” It just defies credulity to think a small amount of new revenue was ever really his line in the sand.

I’m not surprised Obama broke his word to his supporters again. But I am surprised he would choose to stick his flag on such a small pile of sand knowing he’ll give it up  in the end. I’m also surprised anyone takes Obama’s stances seriously anymore.

It gets worse:

That framework includes spending cuts, plus entitlement changes and increased tax revenues (as part of a tax overhaul) that would come later. But there are two big hurdles left: 1) on the substance, and 2) on soothing egos. On the substance, the most contentious matter is how you “trigger” the provisions to guarantee completing tax and entitlement reform. The Democrats have offered a trigger of letting the Bush tax cuts expire for those making $250,000 or more. Republicans, meanwhile, have countered that if those Bush tax cuts are hanging in the balance, they’d offer a trigger of their own to ensure Dem action: scaling back Obama’s health-care law and eliminating the mandate. Bottom line: If entitlement and tax reform is completed on time, then the Bush tax cuts and the health-care law don’t get touched. Also on the substance front, we’re hearing that there’s yet to be an agreement on the scope of the entitlement changes. And never mind the actual individual cuts on the discretionary side. Details, details. The K Street Army is gathering forces if this deal goes through because we haven’t seen this much change in the way government spends and gathers money in a generation.

The rumors of this far right wing deal by Obama and Boehner was leaked just as the Senate Democratic leadership was sitting down with White House budget director Jacob J. Lew, setting off a very contentious meeting. After leaving the meeting Lew said that he “not aware of a deal”. Senate Majority leader Harry Reid (D-NV) stated, “There has to be a balance. There has to be some revenue and cuts. My caucus agrees with that. I hope that the president sticks with that.” Sen Diane Feinstein bluntly said “no” when asked if she and the White House were on the “same page”.

Obama is even losing the Blue Dogs. This deal to make drastic cuts in our safety net in exchange for a promise of negotiating tax increases later just isn’t working for either House or Senate Democrats and will sink Obama’s reelection.

At a town hall meeting in College Park, MD, President Obama said he would sign on any deal to raise the debt ceiling. It’s a wonder that he has any supporters left.

Congressional Game of Chicken: Invoke the 14th Amendment Option

I have no idea what President Obama is thinking. What I do know is that he is partly responsible for the brinkmanship that is being played out as the debt ceiling looms putting the US credit rating on the line and many Americans at dire financial risk. Susie Madrak at Crooks and Liars says she thinks  former President Bill Clinton may know what Obama is thinking as the deadline to raise the debt ceiling nears. What ever Obama is thinking, Pres. Clinton offers some very audacious advice. In an interview with columnist Joe Conason, he said:

{} he would invoke the so-called constitutional option to raise the nation’s debt ceiling “without hesitation, and force the courts to stop me” in order to prevent a default, should Congress and the President fail to achieve agreement before the August 2 deadline.

Sharply criticizing Congressional Republicans in an exclusive Monday evening interview with The National Memo, Clinton said, “I think the Constitution is clear and I think this idea that the Congress gets to vote twice on whether to pay for [expenditures] it has appropriated is crazy.”

Lifting the debt ceiling “is necessary to pay for appropriations already made,” he added, “so you can’t say, ‘Well, we won the last election and we didn’t vote for some of that stuff, so we’re going to throw the whole country’s credit into arrears.”

Having faced down the Republican House leadership during two government shutdowns when he was president — and having brought the country’s budget from the deep deficits left by Republican presidents to a projected surplus — Clinton is unimpressed by the GOP’s sudden enthusiasm for balanced budgets. But he never considered invoking the Fourteenth Amendment — which says “the validity of the US public debt shall not be questioned” – because the Republicans led by then-Speaker Newt Gingrich didn’t threaten to use the debt ceiling as a weapon in their budget struggles with him.

I am fairly certain that Clinton would do just that. Would that President Obama had that courage.

Closing The Tax Loop Hole For Gamblers

The only people who are against taxing the rich and closing the tax loopholes are those whose pockets they line. The Republicans and blue dog Democrats are more concerned about protecting their wealthy donors than the people they represent. It is a blatant lie that the majority of Americans are opposed to tax increases for those making over $250,000 and closing tax loop holes for the Wall St. gamblers who help to keep the price of commodities, like oil, inflated.

Closing The Hedge Fund Manager Tax Loophole Would Raise $4 Billion Annually From The 25 Richest Managers

One of the tax breaks upon which President Obama has focused is a provision that allows hedge fund managers – who make billions annually – to receive a substantial tax break. This particular tax break, known as the carried-interest loophole, allows hedge fund managers to treat the money they receive from investors as capital gains, subject to a 15 percent tax rate. Though this money is a paycheck received for services, just like a movie star receiving a bonus if her movie does well, it’s treated as investment income.

Since hedge fund managers are some of the richest people in the country, this tax break actually causes a significant loss of revenue. In fact, according to calculation by RJ Eskow, closing this loophole would raise more than $4 billion per year just from the 25 richest hedge fund managers:

   The top 25 hedge fund managers in the United States collectively earned $22 billion last year, and yet they have their own cushy set of tax rules. If they operated under the same rules that apply to other people – police officers, for example, or teachers – the country could cut its national deficit by as much as $44 billion in the next ten years.

Sen. Carl Levin (D-MI): Senate Floor Speech on Carried Interest and Offshore Tax Havens

Now just one example of the kind of tax breaks and tax loopholes we Democrats seek to change is the unconscionable tax break given to hedge-fund managers. Hedge fund managers generally make their money by charging their clients two fees.  First, the manager receives a management fee, typically equal to two percent of the assets invested.  Second, the manager typically receives 20 percent of the income from those investments above a certain level. This 20 percent share of the investment returns from hedge funds is known as carried interest.  Under current law, most hedge fund managers claim that this carried interest qualifies as a long-term capital gain, currently subject to a maximum tax rate of 15 percent, rather than being taxed as ordinary income, currently subject to a maximum tax rate of 35 percent.

But a moment’s analysis shows that this money is ordinary income by any fair definition and should be treated that way. The 20 percent fee is not capital gains, because it applies not to capital that the hedge-fund manager has invested, but to the payment he receives for investing capital that other people provide.  Pretending that the 20 percent fee is capital gains when in fact it is payment for a service is an Alice-in-Wonderland argument that elevates fiction over fact.

Now we Democrats seek to end this fiction. We are ready to call carried interest what it is – ordinary taxable income. Recognizing carried interest for what it is would increase tax fairness for working Americans who pay their share, and their fair share of taxes. They have the right to expect the wealthy to do the same. And it would reduce the deficit if we did this by an estimated $21 billion over the next 10 years.

And then we have Ben Nelson (D?-NE), whose primary concern is Ben Nelson:

David Dayen: Ben Nelson Wants Spending Cuts Primary in Debt Limit Deal

One of the reasons why Democrats are going to lose this debt limit fight in a big way is that they have no consistent position across their membership. Republicans know exactly what they want – no taxes – and every one of their members agrees with that assessment. By contrast, Democrats have people like Ben Nelson looking out for themselves:

   Sen. Ben Nelson, one of the more conservative Democrats in the chamber, has said that a deficit-reduction deal should focus on reducing spending, and not finding new revenues.

   The Nebraska Democrat also said in a Wednesday statement that he thought a significant plan to roll back deficits would not necessarily have to take aim at entitlement programs.

   “I want to see a broad and serious package of spending cuts,” Nelson said. “And we can cut trillions of dollars of spending without attacking Medicare and Social Security. But if we start with plans to raise taxes, pretty soon spending cuts will fall by the wayside.”

This is just ridiculous if you look at what’s actually being proposed. The Medicare, Medicaid and Social Security cuts that have been put on the table dwarf the revenue increases through closure of tax loopholes by a 2:1 margin. And that’s without even taking into account the agreed-to cuts in mandatory and discretionary spending. You’re looking at a 6-1, minimum, ratio. But if we don’t give a tax break for corporate jet owners and force hedge fund managers to report their income as income and not capital gains, “spending cuts will fall by the wayside.” This is nonsense.

How many of the 25 top hedge fund managers live in Nebraska? How many Lear jets do Nebraskans own? How many Nebraskans rely on Medicare, Medicaid and Social Security Benefits? I don’t see any reason for Nebraskans to send this corporate puppet back to the Senate for another 6 years.

The best analogy of this entire stand off came from Miles Mogulescu:

Republicans and Obama are Like Thelma and Louise Racing Toward the Cliff

The Republicans are a bit like Thelma, her foot flooring the gas pedal as the global economy hurtles towards the precipice of the Grand Canyon, while Obama is a bit like Louise, her passivity effectively giving Thelma permission to drive off the cliff. Or maybe the movie is Rebel Without a Cause with the Republicans’ James Dean engaging in a miscalculated game of chicken and Obama’s Sal Mineo being killed by police gunfire after all the bullets have been removed from his own gun. Or maybe it’s The Guns of August as the Germans and Western allies inadvertently, but inexorably, hurtle towards World War in the summer of 1914.

Pick your metaphor, but any way you look at it, America’s political leaders are flirting with disaster, risking the first debt default in American history which would likely drag the American — indeed the global — economy into a new recession or even a depression and could dwarf the economic crisis of 2008.

The Republicans are acting as the aggressors, but Obama is acting as the enabler.

Damn those torpedoes. Full speed ahead to the cliff.

Breaking News: New York Gay Marriage Bill Passes

The New York State Senate has passed the Marriage Equality bill with a comfortable 36 33 votes in favor and only 26 29 nays. The bill includes protections for religious organizations to be exempt from performing ceremonies, if they choose. There is no residency requirement in NY for a marriage license. Well done, Ladies and Gentlemen.

Gay Marriage Bill Passes In New York: Senate Passes Bill Allowing Same Sex Marriage

Gay couples and proponents of gay rights have a reason to celebrate tonight, as the New York State Senate has passed a bill that allows same sex marriage.

New York will be the sixth, and largest, state in the union to adopt gay marriage. The bill will take effect 30 days after governor Andrew Cuomo signs it into law.

The decision, which passed 33-29, was the culmination of weeks of contentious debate and negotiations between Governor Cuomo and the GOP-controlled Senate. After the bill passed in the Assembly, it was unclear if the bill had secured enough votes to pass in the Senate. When a few notable undecideds joined the cause –including Republican Roy McDonald who famously defended his decision, saying “fuck it, I don’t care what you think. I’m trying to do the right thing” — the scale in favor of gay marriage seemed to tip.

Correction: The final vote for passage was 33 to 29. The amendment for the exemption for religious organizations was 36 to 26. h/t to Bruce McF for catching that.

 

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