Posts Made By: Rod Kaufman

Originally Posted by James Brown

Yes, I see it, "because of an old House tradition that members of the minority party tend to oppose all rules, even when they support the underlying legislation."  Thanks, seems like a dumb tradition to me.  The bill is well on it's way to passage.   Jim

" ... seems like a dumb tradition to me."
My sentiments, exactly...
PS: But why are we dealing with this insanity? Because the Republicans initiated it just like last time under Obama...

Originally Posted by Rod Kaufman

" ... seems like a dumb tradition to me."
My sentiments, exactly...
PS: But why are we dealing with this insanity? Because the Republicans initiated it just like last time under Obama...

The conservative's "thinking" in the senate:
"Republican Senator Mike Lee of Utah wanted much deeper spending cuts and had threatened to hold up any bill that didn’t include substantial spending cuts. But he said today he would agree to let this legislation go forward (even though he views it as inadequate) in return for votes on amendments he is drafting."
"Another conservative Republican, Rand Paul of Kentucky, won’t stand in the way of quick passage of the debt-limit bill provided he gets a vote on an amendment to requiring 5% yearly cuts in overall government spending — including entitlements — for five years."
"Paul concedes his amendment is doomed to fail, but said he wants to give conservatives something to vote for."
https://www.bloomberg.com/news/newsletters/2023-05-31/debt-ceiling-drama-moves-to-the-senate-for-the-next-act
I'm surprised they're not cooking up something with Tommy Tuberville who, in turn, perhaps is thinking of offering up an amendment making white nationalism America's national ethnic heritage...

Originally Posted by Rod Kaufman

The conservative's "thinking" in the senate:
"Republican Senator Mike Lee of Utah wanted much deeper spending cuts and had threatened to hold up any bill that didn’t include substantial spending cuts. But he said today he would agree to let this legislation go forward (even though he views it as inadequate) in return for votes on amendments he is drafting."
"Another conservative Republican, Rand Paul of Kentucky, won’t stand in the way of quick passage of the debt-limit bill provided he gets a vote on an amendment to requiring 5% yearly cuts in overall government spending — including entitlements — for five years."
"Paul concedes his amendment is doomed to fail, but said he wants to give conservatives something to vote for."
https://www.bloomberg.com/news/newsletters/2023-05-31/debt-ceiling-drama-moves-to-the-senate-for-the-next-act
I'm surprised they're not cooking up something with Tommy Tuberville who, in turn, perhaps is thinking of offering up an amendment making white nationalism America's national ethnic heritage...

Not to be outdone:
"A group of Senate Republican defense hawks are holding up passage of legislation to raise the debt ceiling in protest of a 1-percent, across-the-board spending cut that would go into effect if Congress doesn’t pass its spending bills on time, and to pressure Senate leaders to agree to move a funding measure for the Ukraine war later this year. "
"Only a few hours after the debt limit deal crafted by President Biden and Speaker Kevin McCarthy (R-Calif.) passed the House with more than 300 votes, defense-minded Republican senators are threatening to hold up the bill to protect the Pentagon."
"A Republican senator familiar with floor discussions said there are “people who are willing” to hold up the bill unless leaders commit to moving a defense supplemental later this year."
https://thehill.com/homenews/senate/4030399-senate-defense-hawks-hold-up-debt-ceiling-bill-in-protest-of-cuts-lack-of-ukraine-money/
Leave it to Republicans to do whatever they can and for whatever reason to push the country into default for their own purposes... 

Looks like it's a done deal now and they've finally overcome the GOP BS:
"Schumer announces agreement to pass debt ceiling bill late Thursday"
https://thehill.com/homenews/senate/4031054-schumer-announces-agreement-to-pass-debt-ceiling-bill-late-thursday/

Cons in house immediately criticize/oppose it without know what's in it; prefer to tank our economy:
https://thehill.com/homenews/house/4023783-debt-ceiling-deal-reached/

It's what I thought:

"If you follow right-wing media or Twitter, you may have seen a lot of coverage recently about Target’s stock price falling."
"But the explanation for why it’s happening is dead wrong."
"Right-wing outlets and personalities have repeatedly claimed that Target’s decline — the company snapped a nine-day losing streak Thursday, during which shares dropped to around a three-year low — was due to backlash over its Pride Month clothing."
“Target shares hit three-year low as Pride backlash hits bottom line,” a Fox News headline said Friday. Fox News aired more than 2 hours of coverage on Target’s Pride Month displays from May 23 to May 30, according to Media Matters, a liberal media monitoring group."
"But Target’s stock drop has nothing to do with its Pride Month clothing collection or the anti-LGBTQ campaign. In fact, Target’s stock is falling because of broader changes in the US economy, the possibility of a recession, and Target’s over-exposure to discretionary merchandise, according to corporate executives and retail and investment analysts."
https://www.cnn.com/2023/06/02/business/target-stock-fact-check-lgbt-backlash/index.html

Originally Posted by James Brown

No doubt you are correct Rod, but where is the fun for up-tight righties if stock prices can't be blamed on trans advertising?

Well, when ya got the likes of Jonathan Turley stating the same thing from the right wing echo chamber on The Hill and citing dubious sources like the New York Post while doing so, it aires the flavor of legitimacy to the bogus claims. In my opinion, he ought to be investigated by an ethics committee at the George Washington University for disseminating false information without verifying it first. If not that, then, at the very least, he ought to be publishing a retraction as should Faux and the tabloid New York Post.
It should have been obvious that Target didn't lose NINE BILLION in a week because of some half ass right wing echo chamber outrage...

Originally Posted by Russ Carroll

Target lost market value because their stock price dropped. Nobody on the planet, other than Adam Smith, can tell you why and it is pure unprovable speculation to guess, so Turley's entitled to his opinion.

Supply and demand for the actual shares dictated the price drop.

I guess you missed this:
"In fact, Target’s stock is falling because of broader changes in the US economy, the possibility of a recession, and Target’s over-exposure to discretionary merchandise, according to corporate executives and retail and investment analysts."

Originally Posted by James Brown

You are buying the statements of the corporation and their mouthpieces over Russ's wisdom?  I personally think the drop in Target shares is temporary and reflective of broader concerns, not the righty backlash.   I do think the righty backlash effect might be having some effect for Target stock prices though, since it might spook investors.   Still, Russ is 100% right.

FWIW, I think the Dylan Mulvaney Bud Light campaign was the dumbest marketing ploy of my memory, and could forever damage that brand.   Like I just posted though, AB InBev has at least 400 brands sold all over the world, with huge market share where no one has ever heard of Mulvaney, or Bud Light for that matter.

"I personally think the drop in Target shares is temporary and reflective of broader concerns, not the righty backlash."
Then you state, "Russ is 100% right."
Huh?! 
And you're darn right I'm taking the word of those noted in my link, "corporate executives and retail and investment analysts", over that of one Russ on the AM. It's their job to get it right and I'd don't believe they're all collectively wrong, apparently unlike you. And they're analyzed the data whereas neither you or Russ have.
Both Russ and Turley are entitled to their own opinions but not their own facts. There's no way in Hyades Target could have lost nine billion in a week because of some  rightwing self described and created boycott because it hadn't even taken off yet and there wasn't enough time for it to take effect. That 9 billion dollar loss was a cumulative loss...

Originally Posted by Russ Carroll

Analysts get stuff wrong all the time. I, on the other hand, may not always be right, but I'm never wrong.

Spoken like a true conservative...