Brent Nyitray
Fairlington Blade
Let the mutherfuker burn!
jnc4p
Kevin S. Willis
Michigoose
lmsinca
markinaustin
Arcanaut
novahockey
quarterback
ScottC
yellojktVital Statistics:
| Last | Change | Percent | |
| S&P Futures | 1771.3 | 5.7 | 0.32% |
| Eurostoxx Index | 3097.5 | 41.1 | 1.34% |
| Oil (WTI) | 94.12 | -0.7 | -0.72% |
| LIBOR | 0.239 | 0.000 | 0.10% |
| US Dollar Index (DXY) | 81.39 | 0.903 | 1.12% |
| 10 Year Govt Bond Yield | 2.64% | -0.01% | |
| Current Coupon Ginnie Mae TBA | 106.1 | -0.1 | |
| Current Coupon Fannie Mae TBA | 105.1 | 0.0 | |
| RPX Composite Real Estate Index | 200.7 | -0.2 | |
| BankRate 30 Year Fixed Rate Mortgage | 4.28 |
Markets are higher after the European Central Bank cut rates and we got a surprisingly strong 3Q GDP report. Initial Jobless Claims fell and came in slightly below expectations. Bonds and MBS are down small.
#Twittergoespublicat26. Symbol is TWTR for those who want to watch at home. This is a punchy valuation at 12.4 time sales. The offering price was increased from $17 to $26, lets see if they got too greedy on the IPO the way Facebook did.
The advance estimate of 3Q GDP came in at 2.8%, well above the Street expectations of 2.0%. Remember, this is the advance estimate and it will be revised twice. Lately, we have seen the advance estimates come in too high, only to be revised downward – for example the first estimate for Q113 GDP was 2.5% and by the third revision it ended up being 1.1%. Given the differential between the Street and the government, I suspect the number will be revised downward.
There had been chatter in the marketplace that Nationstar (NSM)’s pricing had gotten worse and they were backing out of the market. Well, today, we saw that there was indeed something wrong; as the company missed its earnings estimate in a big way. Pro-forma EPS were $1.08 vs the Street at $1.27. They took down guidance for full year 2013 and 2014. They also announced they are selling their wholesale channel to Stonegate (SGM). Some retail The stock is down 8 bucks (about 16%) pre-open.
The mortgage REITs have been announcing earnings and for the most part, they were flat on the quarter with regard to book value per share. They have de-levereraged a lot over the past quarter, and I would almost go as far as to say that their MBS (and TBA) selling is probably close to finished. Many are lowering duration by switching to hybrid ARMs and increasing credit risk while lowering interest rate risk. REIT selling has been one of the reasons why secondary margins have been getting hit across the board.
Fannie Mae reported good earnings per share and will pay Treasury $8.6 billion in the third quarter. The stock is up 6% or so pre-market
Merger mania in the homebuilder space. Earlier this week, Tri Pointe Homes (TPH) announced it is buying Weyerhaeuser’s homebuilding unit for $2.7 billion. Now Toll Brothers (TOL) is in a deal to to buy Shapell for $1.6 billion to increase its California exposure. As we have seen, financing availability has been a case of the haves and the have nots. If you are big enough, you can get amazing financing terms.
Filed under: Morning Report |
All Things in Moderation 
TWTR looking 40-44 early indications…
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oh, and frist
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Ok, I mercy f*cked you on first, but what are you writing?
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Twitter stock price. Went public today at 26. Stock hasn’t opened yet, but the early indications is that it will open between 42 and 46.
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“and we got a surprisingly strong 3Q GDP report. ”
Deciding if I want to dig up a bunch of the sequester predictions to demonstrate that the models are in fact wrong.
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My bet is on Chris Christie as the nominee in 2016. This is quite a good bit of positioning.
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Deciding if I want to dig up a bunch of the sequester predictions to demonstrate that the models are in fact wrong.
The San Francisco Fed estimated that 90% of the 2013 fiscal drag came from higher taxes…
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” fiscal drag came from higher taxes…”
well that’s just crazy talk.
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Nice McArdle piece on Republican sabotage of Obamacare. I hadn’t really fully considered the damage done and now I feel bad.
I apologize.
http://mobile.bloomberg.com/news/2013-11-05/obamacare-shouldn-t-have-been-managed-like-a-campaign.html
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It’s Bush’s fault…
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Worth a read on the history of SNAP cuts.
http://prospect.org/article/democrats-original-food-stamp-sin
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Just goes to show you how much the sequester was just a massive bluff that got called…
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from Toll’s link
“There was another reason that the exchanges’ architects were tucked away inside CMS: to try to stay out of the public eye.”
hmm.
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Brent, I’d say it was essential to clearing out the low hanging fruit that all bureaucracies have and everyone knows about.
This Washington Post article crystallized it for me.
At this point though, I believe that further cuts (i.e. the FY2014 levels) on top of the existing sequester levels will require actual curtailing of some operations. The easy cuts have been done and the sequester has done it’s job.
This is pretty good too:
http://www.washingtonpost.com/wp-srv/special/politics/sequestration-federal-agency-update/
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Thank God for some clear thinking.
http://www.theguardian.com/environment/2013/nov/07/bill-de-blasio-challenge-climate-change
Finally!
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McCarle must be on the the obamacare is doomed beat.
http://www.bloomberg.com/blogs/view/megan-mcardle/
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Interesting comment on the varying voter patterns between married women and single women.
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I would not fall out of my chair with shock if he chose to impose some sort of car tax the way London did…
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Here’s where they went with a hard prediction:
I don’t think the full year number is in yet, but the trend doesn’t look good for their forecasting ability.
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In light of Cass Sunstein’s brilliant internet sleuthing, I’m forced to change my nick.
http://mobile.bloomberg.com/news/2013-10-29/how-the-alger-hiss-case-explains-the-tea-party.html
George/Troll
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Kaaaaaaaaaahhhhhhhhhhhhnnnnnnnnn!!!!!!!!!
http://mobile.bloomberg.com/news/2013-11-05/whittaker-chambers-versus-ayn-rand.html
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I read Witness in 1952 in serial form in the Saturday Evening POST. My dad and I talked about Chambers and Hiss after each episode we read. I always admired Chambers for coming to his senses and liked the serialized book. What I recall best was how he hid the critical Hiss – written docs in a hollowed out pumpkin in a patch on his little farm which I think was in MD. These were called “The Pumpkin Papers”.
In 1992 we learned that the Army had known Hiss was a spy since 1945 but Army Intel secrecy protocols at the time did not allow the Army to share its intel with POTUS, or anyone, at all. Omar Bradley knew, and he and HST were fishing buddies, but Gen. Bradley never told HST. Crazy stuff.
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Mark:
In 1992 we learned that the Army had known Hiss was a spy since 1945 but Army Intel secrecy protocols at the time did not allow the Army to share its intel with POTUS, or anyone, at all. Omar Bradley knew, and he and HST were fishing buddies, but Gen. Bradley never told HST. Crazy stuff.
I’ve read quite a lot about this episode, and my sense is that there was plenty of reason for HST to know it if he wanted to know, but he (and many others) just didn’t want to believe it.
BTW, before he hid them in the pumpkin, the incriminating docs had been hidden in a hole in the wall of Chambers’ mothers house for many years. In fact in Chambers’ telling, he actually had forgotten that they were there, and only remembered late in the process of accusing Hiss that they were there. After retrieving them, he then hid them in the pumpkin on his own farm while he went to DC to testify.
The Chambers/Hiss story has always fascinated me. I found it amazing that it was a totally innocuous observation by Chambers, that Hiss was a bird watcher who had once bragged to him about having seen the very rare prothonotary warbler (sp?), that ultimately turned the tide against Hiss. I’ve read the transcripts of the congressional testimony, and Hiss was so evasive and equivocating that it is hard for me to understand how anyone ever believed him.
Lots of interesting stuff here.
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plenty of reason for HST to know it if he wanted to know
Agreed. But Bradley could have disabused him of his error and saved him a lot of embarrassment. The Army knew that Hiss was not merely a Communist, but an operative for Stalin in Yalta. They knew this because they bugged all the rooms. It could have been Potsdam, or both – I don’t recall. This was all revealed to me in Moynihan’s book
Secrecy: The American Experience 1998
which you would enjoy.
Truman may have been unduly loyal to one who had been a comsymp in the 30s but he would not have taken kindly to knowing everything we said in private in the tripartite talks was piped directly through Hiss to Stalin.
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You *know* who’s to blame right?
@JustinWolfers: Don’t get too excited by GDP growth of 2.8%. Fully 0.83% of it comes from inventory accumulation. Actual demand for stuff isn’t so strong.
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I find it implausible that GDP growth accelerated from Q2 to Q3 given the increase in interest rates… Possible, but I doubt it.
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Nova, you really can’t make this shit up. Aletheia on getting rid of capitalism while still trying to deny that the alternative is communism:
“Aletheia101
1:28 PM EST
Think of a family. Parents get their kids to do their chores and reward them with digits. They can then use those digits to purchase certain items. The parents own the digits and distribute them per work done.
This could be done on a national scale. No more capital needed. The nation, the region, the city all have accounts. Individuals all have account. The numbers are unlimited, and tapped via need. Need is agreed upon via democratic consensus. “
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jnc:
Aletheia on getting rid of capitalism while still trying to deny that the alternative is communism:
I remember a friend and I came up with a similar idea for society…when I was 12 years old.
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I bet 10,000 quatloos
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I don’t understand the denial aspect of it. Let that freak-red flag fly!
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@iowahawkblog: “The welfare of the people in particular has always been the alibi of tyrant” – Albert Camus. Happy 100th birthday, Al.
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” Parents get their kids to do their chores and reward them with digits. ”
also, fuck that. unless she means the kids get to keep their digits for following instructions.
my 4 year old can clear the table after dinner and feed the dog. because we taught him and expect him too. he is not rewarded for this. it is expected of him as a member of the family. and no we’re not all family.
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Good piece.
“Are Computers Making Society More Unequal?
Posted by Joshua Rothman
November 7, 2013”
http://www.newyorker.com/online/blogs/currency/2013/11/when-machines-replace-humans-at-work.html
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@McCormackJohn: Why is Obama apologizing on behalf of bad apple insurers?
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@LarrySabato: Why did Cuccinelli close fast + have higher than expected base turnout? One word: Obamacare. His post-shutdown theme.
While this has been pretty thoroughly debunked, I am happy to see that women broke strongly against The Kooch. Ninety-one to seven percent among black women. I think it’s safe to say that The Kooch’s agenda didn’t play well among the weaker sex. Poor Kooch.
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“While this has been pretty thoroughly debunked,”
It hasn’t been debunked. PL posts aren’t debunking. I’d say that Obamacare was one major factor why the race tightened at the end, or to be more precise, ongoing recent negative press coverage about Obamacare.
Conversely, if the shutdown had still been ongoing he would have done worse.
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PL posts aren’t debunking
Nobody except conservative pundits and media outlets are attributing the loss to the Obamacare rollout. Nobody.
The fact is that it should have broken for the Republicans by every historical measure, but they ran a poor candidate who did poorly in some critical constituencies.
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Mich:
I think it’s safe to say that The Kooch’s agenda didn’t play well among the weaker sex.
The real story isn’t quite so simple. In fact while Cuccinelli lost big among single women, he actually won the married women vote by 9 points, an even bigger spread than the male vote. It just doesn’t make a lot of sense to talk about the “women’s” vote as if it were a monolithic demographic. Quite obviously married women tend to have a very different outlook, and very different priorities, than single women. Hence their different voting patterns.
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Mark:
Secrecy: The American Experience 1998
Thanks, I will definitely have to check that out.
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I blame racism for cooch’s loss.
And Alger Hiss.
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Quite obviously married women tend to have a very different outlook, and very different priorities, than single women.
Having been both, you’re wrong.
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Priorities shift for parenting for both men and women, single and married. They shift with age. They shift based on any number of events. Stereotyping “marriage” as one of those events as it applies to females and politics does not seem intuitively obvious to me, but I might guess that marriages between persons of significantly different political leanings would tend to bend one or both spouses for or away from the other over time, and given the divorce rate it would be hard to guess which movement prevailed.
I am sure there have been studies. If not, a PhD dissertation in something awaits.
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Mich:
Having been both, you’re wrong.
As Mich goes, so go all women, is that it? Come on, as a scientist you should know that one cannot draw conclusions from a single data point. Cuccinelli lost among unmarried women by a 67% to 25% margin, while he won among married women by a margin of 51% to 42%. That is a huge swing between unmarried and married women, rendering any talk about “the woman’s vote” to be pretty meaningless, or at least not particularly informative or interesting. Based on this evidence, trying to design a political agenda to appeal just to “women” in general would be fairly difficult, because it seems obvious that different subgroups of the demographic “women” tend to have different priorities and values. Which really shouldn’t come as a surprise. Once women achieved cultural and political equality with men, the issue that unified them as a political voice was de-prioritized in favor of other issues on which there is no reason to expect women as women would be any more unified in their opinions than men. Hell, women are split pretty evenly even on so-called women’s issues like abortion. It just doesn’t make much sense to me to talk about “the women’s vote” or about appealing to women as a general group.
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Mark:
Stereotyping “marriage” as one of those events as it applies to females and politics does not seem intuitively obvious to me, but I might guess that marriages between persons of significantly different political leanings would tend to bend one or both spouses for or away from the other over time, and given the divorce rate it would be hard to guess which movement prevailed.
While perhaps not in and of itself the obvious cause of a change, marriage is associated/correlated with events that do influence one’s priorities. Marriage tends to produce both more wealth and more financial stability. Marriage tends to produce children. Marriage tends to be correlated with age. I would even suspect that the priorities of married people with children tend to be different from unmarried people with children.
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“Priorities shift for parenting for both men and women, single and married. They shift with age. ”
with regards to marriage, I wonder if that also has changed over time. The idea that my wife and I make decisions as a unit — what’s best for the team, rather than the individual — seems hopelessly antiquated.
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“PL posts aren’t debunking
Nobody except conservative pundits and media outlets are attributing the loss to the Obamacare rollout. Nobody”
That’s not the argument I was making. I’m arguing that the reason the race was closer than the polling indicated was that Cuccinelli focused on Obamacare during the last weeks and that aligned well with the ongoing negative media coverage. I.e. he was riding a wave. Whether it would have made up the rest of the ground is an open question. Keep in mind that the tightening was due to Cuccinelli making up ground with disaffected Republicans, not getting Democrats to cross over.
McAuliffe’s counter argument, that the race was always that close and the polls were wrong strikes me as less credible.
Larry Sabato knows Virginia politics much better than your or I.
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Cuccinelli lost among unmarried women by a 67% to 25% margin, while he won among married women by a margin of 51% to 42%. That is a huge swing between unmarried and married women, rendering any talk about “the woman’s vote” to be pretty meaningless, or at least not particularly informative or interesting.
There’s a wealth of information in the breakdown of that or any demographic. A similar analysis would suggest that looking at the vote of independents is useless, because you could probably find large shifts between married and unmarried independent voters. Cuccinelli won independent voters easily. Problem being that most “independents” are not truly independent, they just don’t like to identify with any particular party. Independents >< moderates (who Cuccinelli badly lost).
There was a prophetic column in the Daily Beast last May.
One minor point on terminology. The election results are not a single data point. They comprise a data set. One with a wealth of information that will be carefully parsed leading up to the 2014 elections.
BB
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FB:
One other thing.
Independents >< moderates (who Cuccinelli badly lost).
True. But self-declared moderates >< moderates, either. So I am not sure how one gets reliable data on how "moderates" actually do vote.
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FB:
One minor point on terminology. The election results are not a single data point.
I wasn’t referring to the election results. I was referring to Mich herself. She represents a single data point with regard the demographic “women”. She claimed that my conclusion about the different voting patterns between married and unmarried women was wrong, and she based her claim on the fact that she has been both. I don’t think it makes much sense to conclude as she does based on a single data point.
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It is very hard to be sympathetic here.
http://denver.cbslocal.com/2013/11/08/colorado-woman-who-championed-obamacare-loses-insurance-plan/
However her Rep is a complete asshole.
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McWing:
It is very hard to be sympathetic here.
Well I will say that no one deserves to get screwed by O-care more than those people who actually voted for Obama. But I guess it comes down to how much sympathy one has for people who are too stupid to know better. Con men prey on the ignorant and the uneducated all the time, and that is pretty much what Obama did in selling O-care. It was a huge (and on-going) con. But sometimes getting burned is the best teacher. Hopefully these foolish people who supported O-care but are now getting screwed have learned a lesson about trusting smooth-talking progressive politicians promising them something for nothing.
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I knew Dan Rather was an asshole, I didn’t realize he was a flaming asshole.
With the discredited account likely to be challenged by the local affiliate’s editors before being fed to New York, Rather sidestepped a customary film-editing session with Barker and arranged to file the report live instead, Barker says. “And so here’s Dan with the preacher, telling this story about kids at UP cheering when told the president was dead.”
http://m.weeklystandard.com/Content/Public/Articles/000/000/005/324nfvwe.asp
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Thanks for the clarification, Scott. Dana Milbank had an amusing piece this week on legislating by anecdote. I rather enjoy the Washington Sketch, though it is an homage to Matthew Paris’s excellent Parliamentary Sketch in the London Times.
There is a quite remarkable divide on either side of the marriage line. I think there are some concomitant factors. With the increasing age of marriage, one factor must be that married vs. unmarried also divides by age. Likewise, African American women are much less likely to be married than white women (I cannot bring myself to use European American as it’s wrong in many ways). Thus, the 90+% affiliation of African American voters will influence that gap.
Cheers!
BB
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This is bullshit. I don’t think Chuck Todd believes it. Todd does believe in getting more one on one interviews.
http://www.breitbart.com/Big-Journalism/2013/11/09/chuck-todd-obama-does-not-believe-he-lied
I denounce my racism.
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The problem with the President’s public statement is that he has now frozen the individual insurance market in place until he announces his new solutions. If you are one of the 8-10 million Americans with a canceled insurance policy, President Obama just created an enormous incentive for you to hold off on buying a new policy, to wait for the Administration to offer you a new solution.
http://keithhennessey.com/2013/11/08/individual-market-freeze/
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FB:
(I cannot bring myself to use European American as it’s wrong in many ways)
Personally I’m not much of a fan of the term African American, either. I think it is a rather clunky, politically correct euphemism that doesn’t exactly lend itself to discussions about race outside of a US-centric context. (What’s the racial breakdown in South Africa between whites and, er, African South Africans?). I remember when I lived in the UK being asked by an American about race relations in the UK. Speaking of blacks in Britain, she unthinkingly, and amusingly, referred to “British African Americans”.
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Personally I’m not much of a fan of the term African American, either.
FWIW, Back in the late 80s/early 90s when “African American” was becoming popular I took a poll of the black guys I was working with (and it was all guys, since I was in the Army at the time). To a man, they all preferred black to AA; one guy objected to African American on the grounds that the abbreviation was more commonly applied to an addiction recovery program and one made the point that, if we were going to use African American then he should actually be called a Jamaican American. I’ve defaulted to black ever since, unless told otherwise.
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I’ll say it again Kirsten, you wanted this bill, you called me heartless for not supporting it.
Choke on it.
@kirstenpowers10: The nice lady at BCBS just told me how much better my ACA plan wld be. How? She proceeded to list ‘new benefits’ that i already have.
Infuriating.
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Not heartless. Just a bit unhinged in the R30 or Greens2012 kind of a way. Your attitude is pretty much the same as telling a service member who voted to Bush to go choke on it with regards to combat in Iraq.
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I don’t understand. She advocated for a bill she did not read and had no understanding of all the while criticizing her political opponents as heartless. This was a way if dismissing their arguements without having to consider them. Now she is bitching about a law she literally begged to have imposed on her.
Am I being unreasonable?
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FB:
Your attitude is pretty much the same as telling a service member who voted to Bush to go choke on it with regards to combat in Iraq.
I disagree. I suppose if Bush had campaigned on a platform of attacking Iraq and he promised soldiers that if they didn’t want to fight they wouldn’t have to, a brazen and obvious lie that couldn’t have been sensibly believed in e first place, then the situation would be analogous to the O-care situation. But he didn’t, and so it is not.
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I read your post on a previous morning report pretty much telling anyone who voted for Obama should choke on it. Here it pops up again. I had to look up Kirsten Powers. A political operative of some sort. I rather doubt she’s reading ATiM.
More generally, you’re spewing anger. I took the repeated posts as taking satisfaction in any trouble that somebody has who is negatively affected by current ACA troubles. So, I flipped it. I’m sure there are some on the left who felt that any Republican who had qualms about the Iraq war should choke on it.
It’s been awhile, but I took a look back at the Rules of Engagement. How are your “choke on it” comments consistent with that?
BB
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FB:
More generally, you’re spewing anger.
Seems more like schadenfreude to me, which I can certainly understand. I am getting no small amount of it myself from stories about O-care proponents getting screwed by O-care. If anyone deserves to be a loser in Obama’s plan to create winners and losers it is those people who pushed for it.
I took the repeated posts as taking satisfaction in any trouble that somebody has who is negatively affected by current ACA troubles.
I don’t think “current ACA troubles” are negatively effecting anyone so much as it is ACA’s deliberate design that is doing so. That is precisely where the satisfaction is derived. “You wanted this law? Well you got it. Good and hard.”
It’s been awhile, but I took a look back at the Rules of Engagement. How are your “choke on it” comments consistent with that?
As you pointed out yourself, Kirsten Powers isn’t posting here at ATiM, so I don’t see how any rules of engagement are relevant.
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Rules of Engagement were meant as a gentle guideline for the tenor of posts. It would be an egregious violation if I were to write that my ex girlfriend should die horribly of a communicable disease that she richly deserved through loose behavior. Those rules were meant for us, not any gentle soul who might happen upon this discussion group. Troll mainly posts snark, so that shark was jumped a long long time ago.
Interesting that you didn’t dispute the analogy. I believe the political impact of this is overstated, because of the make-up of the losers. Those most upset will be higher income people on the individual market. Not exactly prime hunting territory for Democrats. Other than a blip upwards for McA during the shutdown, he held a modest lead throughout the race since the two nominees were decided.
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FB:
…so that shark was jumped a long long time ago.
Indeed it was, but I don’t think one can blame McWing for that.
Interesting that you didn’t dispute the analogy.
I did.
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Actually, Scott, one can and does. Troll descended to the point of dropping f-bombs throughout his posts. Do you think that someone who had his current handle would have been invited here by either Imsinca or Kevin?
As for the dispute, noted. WordPress was being a little weird and so a couple of posts didn’t show up. [I had to rewrite that B&P post several times as the edits weren’t being accepted.] Your comment didn’t show up and Troll’s simply read I don’t understand. Perhaps he edited it thereafter.
You framed the analogy incorrectly. Obama did not campaign on the specifics of the ACA. Telling an Obama supporter to screw themselves and choke on it has little to do with the Bush campaigning specifically to invade Iraq. Troll is simply having a temper tantrum and you are justifying it, because you agree with him politically.
BB
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Fuckin’ A! My ears are burning.
Do you think that someone who had his current handle would have been invited here by either Imsinca or Kevin?
Would I want to join a club that would have me as a member?;-)
Obama did not campaign on the specifics of the ACA.
Didn’t Obama campaign against, for example, the individual mandate?
Troll is simply having a temper tantrum
Isn’t the real question why aren’t you having a temper tantrum over this disaster? This bill has already caused more people to lose their insurance than to gain insurance and I (have) predict(ed) that will continue. Death spirals will be initiated and people with employer provided insurance will experience the lies next fall. Specifically, tens of millions will not be able to keep the insurance they liked and the doctors they like. The fucking, er rogering, will increase exponentially. An administration that could not even properly create and design a website for their signature legislation should not be trusted with anything further. I find it stupefying that there is any disagreement on this.
Anger is nothing but appropriate. These results were known before the law was passed and have been predicted literally for years. Those that championed the law are due utter contempt and vitriol when then subsequently whine about various features now. Again, the flaws were known and were warned of.
I take no real pleasure in this as I recognize that there will be many many deaths associated with this utterly hideous law.
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FB:
Actually, Scott, one can and does.
Well since you have, I guess that is true, but not justifiably. I myself have had enough hostility thrown at me personally here to know that the “rules of engagement” have taken quite a beating even if McWing had never posted a single thing here.
Troll descended to the point of dropping f-bombs throughout his posts.
That is certainly an interesting complaint coming from someone who once lectured mefor using a euphemism rather than the real thing, “adult words” being allowed, and all.
Do you think that someone who had his current handle would have been invited here by either Imsinca or Kevin?
I’m not sure anyone could have had that handle at PL, and I wouldn’t want to speak for lms or Kevin, but I personally think that the content of posts is much more relevant than a handle. I also think you need to understand the context which precipitated the change in order to appreciate it. As I do.
Obama did not campaign on the specifics of the ACA.
His campaign was specific enough about what he wanted that anyone who cared to know could have known that it would produce winners and losers. Hell, the entire progressive project is premised on the notion that government should be creating winners and losers.
Telling an Obama supporter to screw themselves and choke on it has little to do with the Bush campaigning specifically to invade Iraq.
Actually it has nothing to do with Bush in any way whatsoever, but you were the one who introduced Bush via analogy. I was just pointing out why your analogy isn’t really a sensible one. You are ignoring the source of the schadenfreude, which is not simply that an Obama voter is getting harmed by Obama, but that a particularly ardent O-care supporter is getting harmed by O-care in ways that were not only utterly predictable, but in ways that O-care was specifically designed to inflict on someone.
Troll is simply having a temper tantrum and you are justifying it, because you agree with him politically
I thought I was pretty clear earlier, but I justify Whittaker’s feeling about this because I feel exactly the same way. I can think of no better cosmic justice than that O-care supporters, especially those in the political media who were complicit in marketing this horror show to the public, be the ones who feel the negative effects that the policy was specifically and deliberately designed to inflict.
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Mind. Blown.
http://m.washingtonpost.com/politics/bills-left-in-limbo-are-often-just-part-of-the-choreography-in-congress/2013/11/10/683e58f4-4893-11e3-a196-3544a03c2351_story.html
Truth. To. Power.
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who would work to have a bill dropped just to say you made progress on an issue.
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