News Roundup for 4/26/10

GOP National Headquarters

-Headline of the day-
"Poll: Majority Backs So-Called 'Permanent Bailout' Fund."

The GOP spin machine is starting to lose its mojo. After all the Republican screaming and crying that a provision in the Wall Street reform bill will mean "endless taxpayer bailouts," a new ABC News/Washington Post poll finds that a majority of respondents support that very provision (53% with 27% strongly supportive).

Part of Republicans' problem here is that their complaint is total bullshit. Not only doesn't it create new taxpayer-funded bailouts but, according to the chair of the FDIC (a Bush appointee, by the way), it "makes them impossible."

To get an idea of just how wrong Republicans are on this, imagine someone arguing that speed limits make it legal to go as fast as you want. It's that wrong. Totally, 100%, not anywhere near true.

Here's the polling question: "[Do you support] requiring large banks and other financial companies to put money into a fund that would cover the cost of taking over and breaking up any large financial company that fails and threatens the broader economy?"

Should be a no-brainer. Makes you wonder what's wrong with the 47% who were against it.

Look, I've said this again and again and it bears repeating here -- Republicans lie. They lie when they get up in the morning until they go to bed. At no time should you ever believe anything they say. If they tell you their name, ask for ID.

Seriously, better safe than sorry. (Plum Line)


-Thanks teabaggers!-
The good folks at the political satire site TheFullGinsberg.com have put together a short thank you video from crayon company Crayola to the teabaggers. Let's watch, shall we?

Remember, markers don't have erasers, so spell carefully. It's H-I-T-L-E-R.

And "fascism" isn't spelled with an "SH". (TheFullGinsberg.com)


-Bonus HotD-
"Grassley Takes Credit For Medicare Provisions In Health Care Law That He Opposed."

Of course he does... Maybe Republicans ought to figure out whether they want to repeal healthcare reform or take credit for it.

Get back to us when you get that sorted out, OK guys? (Think Progress)