Chrysler To Repay $7.5B Bailout Loans By Next Week; NYC Unemployment Rate Hits Two-Year Low

Just don’t tell anybody:

AUBURN HILLS, Mich., May 19 (UPI) — Chrysler Group LLC has deals pending that could allow it to repay the U.S. and Canadian governments $7.5 billion early next week, sources told The Detroit News.

Originally, Chrysler said it would use $3.5 billion in bank loans and $2.5 billion in high-yield bonds to help finance the loan repayments.

But the bonds have proven popular as “the backdrop theme for the whole industry is positive and so that sort of outweighs the execution risk,” said Wilmer Stith, portfolio manager, MTB Intermediate-Term Bond Fund.

As such, Chrysler is now seeing a $2.5 billion loan from a group of banks and has increased the bond offering by $1 billion.

The remainder of payback funds, $1.27 billion would come from Fiat and would increase Fiat’s share in Chrysler to 46 percent, the Detroit Free Press reported.

Chrysler owes the U.S. government $5.9 billion and the Canadian government $1.6 billion.

**********************************************************************************

More good stuff:

The unemployment rate in New York City is at it’s lowest point in two years. The New York State Department of Labor figures show the city’s rate dropped a tenth of a point in April to 8.6 percent. This, despite the construction industry’s slow job growth.

State figures also fell a tenth of a point to 7.9 percent.

Both are at their lowest levels since March of 2009.

The state’s economy added almost 44,000 private sector jobs in April. It’s the largest monthly increase in more than 10 years.

97 thoughts on “Chrysler To Repay $7.5B Bailout Loans By Next Week; NYC Unemployment Rate Hits Two-Year Low

  1. I see what is happening in the economy! We were told that jobs were the last thing to come along. Even though the Economy has slowed just a bit, jobs are coming back b/c companies made a choice to hire several months ago.
    And the weekly jobless rate went up a bit, b/c more people came out looking for jobs, b/c big business are starting to hire.

    Good news…

  2. Good news in deed. This will also help the states and cities as well. California received an unexpected $6.6 billion windfall of revenue to help cut the budget and hopefully save a lot of teachers and first responders – police, fire, and emergency.

  3. Vice President Biden is in Colorado to talk about jobs at a “renewable energy laboratory” — but first he’ll pick up where he left off last night, raising money for Democrats.

    The White House says Biden has a morning fundraiser planned in Denver that is closed to the press.

    Politico-

  4. House Republicans, facing tough questions in their districts for voting to phase out Medicare and replace it with a subsidized private insurance system, are fond of pointing out that the plan they support wouldn’t touch benefits for existing beneficiaries, or for people who will reach eligibility within 10 years. There are a number of problems with that plan, but top Democrats are finally pointing out the biggest one: it’s simply not true.

    Though many Republicans are getting jittery about their budget’s Medicare plan, they’re still perfectly proud of the fact that it also repeals the new health care law. But that law includes plenty of goodies for current seniors, all of which would be zapped immediately if Republicans get their way.

    “The Affordable Care Act this year added an annual wellness benefit to the guaranteed benefit that seniors have,” said Health and Human Services Secretary Kathleen Sebelius at a Capitol press conference Thursday.

    It takes a huge step in closing the donut hole, 50 percent this year of the cost of drugs purchased in the coverage gap would disappear, and over time the whole coverage gap would disappear. Seniors now qualify for screenings — cancer screenings, mammograms, a variety of preventive care without copays out of pocket. That would disappear. A lot of new anti-fraud rules — building a kind of system that can identify fraud at the front end, strike-forces that are now in 10 cities across this country, on the ground, going after people who would steal out of the Medicare trust fund. All of that would go away this year.

    http://tpmdc.talkingpointsmemo.com/2011/05/dems-to-gop-stop-lying-to-seniors-that-republican-budget-wont-impact-current-medicare-beneficiaries.php?ref=fpc

  5. Created: 05/19/2011 02:30:18 AM PDT

    Congressman Mike Thompson, center, discusses Port of West Sacramento operations with U.S. Transportation Secretary Ray LaHood, left-center, and Port Manager Mike Luken, far left, during a tour of the port Wednesday. (Deo Ferrer/ Democrat) The U.S. Transportation Secretary visited the Port of West Sacramento Wednesday, calling it “well-managed.”

    “I think the investment we have made at this port is as good as anywhere in the country,” secretary Ray LaHood said.

    LaHood toured the port with Congressman Mike Thompson, D-St. Helena, as part of a visit to key transportation projects in Thompson’s 1st District.

    LaHood said the current administration has “paid a lot of attention to ports,” adding ports are an “economic engine” and provide jobs.

    This includes work on a marine highway route between West Sacramento, Oakland and Stockton. When completed, the project will increase trade and commerce at the port while also decreasing congestion on local roads and highways.

    The project will take 350 containers on each trip from the valley to the Port of Oakland, reducing the number of trucks on the highway.

    There are “thousands of trucks taken off the highways because of the work that is done (at the port),” Thompson said. “This is, I think, the most environmentally conscious port in the state of California if not in the country.”

    He said the marine highway project will bring even more vehicles off the road.

    http://www.dailydemocrat.com/ci_18094439

  6. IT WON’T BE LONG…THE REPUGS. WON’T HAVE ANY TEETH LEFT TO GRIND!!!!!! OOOOOOOH…THE JEALOUSY HAS TO BE FLOWIN’ TODAY! GREAT WORK…AWESOME PREZZZZZZZZZZZZZZZZZZZZZ!!!!!..:)

  7. Netenyahu just said the US does not understand reality! Really? Seriously, who is this guy? Where did he come from? Where is his birth certificate? LOL!

  8. Just needing some clarification from those that know. 7.5B being paid back by Chrysler. (btw, I think that ROCKS and support my Prez regardless of the answer to this. Overall it all worked and saved us!!) Then others are saying, ‘yeah, but many more B’s are not being paid back by Chrysler.’ So I’m asking is it just spin i.e. glass half full v. half empty? We look at the accomplishment and they look at what didn’t happen? Can’t find any consistant numbers on what they are paying back and what they aren’t.

  9. I’m not trying in any way to steer the discussion away from today’s events, but I know you are all decent people here and would appreciate this website called The Social Challenge.

    http://www.thesocialchallenge.org/

    I just learned form them that the word “retard” appears on Twitter 24,000 times a day. It’s a word that has been creeping into our vocabulary for years. I remember kids saying it when i was young, but had no idea how widespread it is today. I work at an agency that helps people with disabilities and many of them have said that word is one of the most hurtful things they even encounter.

    Anyhow, this site keeps a real-time list of tweets using the word. It’s unbelieveable, really, and it gives you the opportunity to respond to them in hopes of convincing them to think twice about using it. (This may be an uphill battle, I fear.)

    But, thanks for taking a look!

  10. Bill Burton insists that an anti-Mitt Romney ad created by the Democratic fundraising group he started after leaving the White House “has nothing to do with President Obama or his campaign.”

    “We’re not working for the campaign,” Burton said on MSNBC Friday morning. “This wasn’t done in coordination with them. This was done by our group, because we think that there is – that this is an important issue.”

    Priorities USA Action, the group founded by Burton and Sean Sweeney, a former aide to Rahm Emanuel, has come out with its first 2012 presidential campaign ad, questioning Romney’s position on Medicare.

    In response to the Romney campaign’s accusation that the spot was an “attack ad,” and that Obama’s team is “desperate” to talk about anything other than jobs, Burton shot back with more Medicare-centered criticism.

    “It’s pretty clear that the Romney campaign doesn’t want to talk about this issue,” the former White House spokesman said. “It’s uncomfortable for Romney, who doesn’t like to be crystal clear on issues.”

    Burton’s outside group has drawn criticism from some Democrats who say it resembles the same type of GOP fundraising organizations Obama has criticized. Asked about Obama’s planned executive order that would require federal contractors to disclose political donations, Burton said he plans to “follow all applicable rules.”

    “We’re not going to go any further [beyond the rules] than Karl Rove goes,” Burton said. “We’re not in the position of trying to make things any easier for Karl Rove or the Koch brothers – they’ve got enough advantages. They’ve got enough money.”

    Politico-

  11. Scott Brown is now saying that he’ll vote against the Ryan Budget. His spokesman is saying that when Brown said he’d vote “for” it, he meant he was going to vote “on” it. While it looks like he’s going to end up coming down on the right side of this issue unfortunately, it does show how much of a politicaldunce he is. It gives me some hope that if the Dems get a A-List candidate that is a tough campaigner, that Brown will wilt. He won the special election not on the issues, but on personality and Coakley being a crummy candidate.

  12. President Obama demonstrated true leadership in his speech on the Middle East yesterday. His wisdom and resolve to do the right thing were on full display.

    The prospect for peace between Israel and Palestine seems to be getting all of the attention. President Obama said that “a lasting peace” between the Israelis and the Palestinians “will involve two states” and that “the borders of Israel and Palestine should be based on the 1967 lines.”

    The Republican Party and the MSM are pretending to be outraged by those comments. When in fact they mirror the Clinton and Bush administrations. This is just another cheap distraction from the reality of the situation. The world is literally changing around Israel and Palestine. Is it going to take another 50 years to see any progress towards peace?

    I thought this passage from the speech spoke volumes. Middle East leaders need to take heed and strike while the iron is hot.

    —–Presiden Barack Obama 5/19/11———-

    Those shouts of human dignity are being heard across the region. And through the moral force of non-violence, the people of the region have achieved more change in six months than terrorists have accomplished in decades.

    —————————————-

  13. It was almost totally because Coakley was a crummy candidate. She was easy to paint as an out-of-touch elitist as she basically refused to do anything other than fund-raisers. I could probably have run a better campaign (in fact I know I could have) and gotten as many votes as she did. Anybody with name recognition in MA on the Dem side and that was willing to get out and meet the people would have won.

  14. It goes beyond that and tells you all you need to know about who Republicans are and how they view the American populace. Basically they are telling those 55 and over, “Look, you have yours and aren’t going to lose it, so what do you care about anybody else?” As if I, who am almost 64, don’t care how this will impact my children or grandchildren.

    But this represents their view of everything. As long as we have ours, screw everybody else. A prime case in point is the whole climate change/global warming issue. The evidence is there and they know it. But if they admit it, then they would have to come up with things to do something about it and that would deprive them of omething, so screw the next generation and the generation after it.

    Same with infrastructure spending, green energy, etc. Spending now is an investment in our future as a country and as a people, but because it might cost something today, the hell with it.

    There have to be some short soundbites or slogans that can go out there to tell it like it is.

    Republicanism=I have mine, screw you.

  15. Not to mention that these seniors will also lose the protection under the HCR that prevents insurance companies from discriminating against those with pre-existing conditions. And repeal of HCR would also eliminate the requirement that insurance companies spend 80% of their revenue on health care instead of overhead. Plus, the price controls and high risk pools would also be eliminated. So, the Republican plan not only pulls the rug out from under the seniors, but repealing the HCR also eliminates any protection that seniors now enjoy against insurance abuses.

  16. I hope Bill Burton continues – we need to fight fire with fire. And the stakes are too high.

  17. I really hope Rep. Capuano gets in, I think he’d have appeal to the same blue collar folks that Brown did so well with. Also I love his Bah-stan accent.

    Interesting that his wife’s maiden name is teebagy – Ha!

  18. He’s just a nutcase fundamentalist and a dinosaur. That style of politicking is on its last gasp of this cycle IMO. People are getting tired of the extremism methinks and want to come together and figure out how to live with one another in a better fashion.

  19. This is definitely a good outcome from the high gas prices. I paid $63 to fill up my tank yesterday!

  20. I think it’s just spin, and that someone would want to spin such a #win into something negative says a metric ton about the people doing that. The GOP and some members of the Professional Left need bad things to happen in the country in order to be proven “right” about their claims that President Obama shouldn’t have bailed out the auto industry. Such people should be left alone, they have every right to behave like fools, yet they should not be taken in any sort of credible fashion.

    Here’s a simple, plain article about the loan repayment:
    http://www.autoguide.com/auto-news/2011/05/chrysler-announces-details-of-government-loan-payback.html

  21. I have a question for BWD. Aren’t you Jewish? What is your take on this whole Israel/Palenstine stuff? I keep reading that the speech obama gave crossed the line, it was unprecedented and he totally went too far, but he bascially stated vocally what other presidents have wanted for decades. They want a two state solution and peace among each state. I also read that this will push all the jewish americans away from this president in 2012 because of his stance. What is your take? Are you hearing other jewish american upset about what obama said yesterday?

  22. Israel today is so far to the right, and so full of Obama-hate, that is basically the same reaction as you hear from Fox News. As for myself, I actually wanted him to go even further. This is the only way to save Israel.

  23. Nonie, here is a link for you: http://crooksandliars.com/jon-perr/cbs-edits-obama-speech-stir-israel-controversy

    As Jake Tapper explained on ABC World News Thursday night, the Republican response to President Obama’s statements regarding the Israeli-Palestinian peace process was “much ado about nothing.” After all, U.S. policy under both Presidents Bush and Clinton was largely identical to Obama’s assertion that “the borders of Israel and Palestine should be based on the 1967 lines with mutually agreed swaps, so that secure and recognized borders are established for both states.” But you’d never know that if you watched CBS Evening News. Providing chum for the right-wing feeding frenzy over the President’s Middle East speech, CBS White House correspondent Chip Reid conveniently omitted the second half of Obama’s sentence.

    Reporting a story titled “Obama’s Israeli, Palestinian Surprise,” CBS’ Reid removed words from the President’s mouth to alter the meaning of the consistent U.S. position on the peace process:

    President Obama spent most of his speech talking about the Arab Spring uprisings, but he saved his biggest surprise for the Middle East peace process. [START OBAMA CLIP] “We believe the borders of Israel and Palestine should be based on the 1967 lines.” [END OBAMA CLIP] But by using the borders that existed in 1967 before the Six Day War as the starting point for negotiations, the President is taking the Palestinian side on a key issue.

    Another story on the CBS News web site similarly claimed Obama’s address “marked a shift in U.S. policy and represents a victory of sorts for Palestinian leaders ahead of delicate, upcoming negotiations with the Israelis.”

    Sadly for CBS, President Obama did no such thing. Instead, in his speech Obama offered an unremarkable summary of the path forward:

    “So while the core issues of the conflict must be negotiated, the basis of those negotiations is clear: a viable Palestine, a secure Israel. The United States believes that negotiations should result in two states, with permanent Palestinian borders with Israel, Jordan, and Egypt, and permanent Israeli borders with Palestine. We believe the borders of Israel and Palestine should be based on the 1967 lines with mutually agreed swaps, so that secure and recognized borders are established for both states. The Palestinian people must have the right to govern themselves, and reach their full potential, in a sovereign and contiguous state.”

    Unremarkable, that is, because policymakers from past administrations Democratic and Republican alike have been saying pretty much the same thing for years. As ThinkProgress noted, that was the same two-state formula during the Clinton administration. Then-Israeli Prime Minister Ehud Barak, now Israel’s Defense Minister, signed a document “understanding that the negotiations on the Permanent Status will lead to the implementation of Security Council Resolutions 242 and 338.” Writing in The Atlantic, Jeffrey Goldberg recounted Hilary Clinton’s 2009 statement:

    “We believe that through good-faith negotiations the parties can mutually agree on an outcome which ends the conflict and reconciles the Palestinian goal of an independent and viable state based on the 1967 lines, with agreed swaps, and the Israeli goal of a Jewish state with secure and recognized borders that reflect subsequent developments and meet Israeli security requirements.”

    But you don’t have to take a Democrat’s word for it. As President George W. Bush explained on January 10, 2008 following meetings with Palestinian President Abbas and Israeli Prime Minister Olmert:

    “The point of departure for permanent status negotiations to realize this vision seems clear: There should be an end to the occupation that began in 1967. The agreement must establish Palestine as a homeland for the Palestinian people, just as Israel is a homeland for the Jewish people. These negotiations must ensure that Israel has secure, recognized, and defensible borders. And they must ensure that the state of Palestine is viable, contiguous, sovereign, and independent…

    Achieving an agreement will require painful political concessions by both sides. While territory is an issue for both parties to decide, I believe that any peace agreement between them will require mutually agreed adjustments to the armistice lines of 1949 to reflect current realities and to ensure that the Palestinian state is viable and contiguous. I believe we need to look to the establishment of a Palestinian state and new international mechanisms, including compensation, to resolve the refugee issue.”

    If that sounds familiar, it should. President Bush said the same thing about the post-1949 armistice, pre-1967 lines three years earlier:

    “Any final status agreement must be reached between the two parties, and changes to the 1949 Armistice lines must be mutually agreed to. A viable two-state solution must ensure contiguity of the West Bank, and a state of scattered territories will not work. There must also be meaningful linkages between the West Bank and Gaza. This is the position of the United States today, it will be the position of the United States at the time of final status negotiations.”

    And it remains the position of the United States, as explained by President Obama today.

    That it was Chip Reid who engaged in selective editing to help manufacture a partisan controversy comes as no surprise. In March 2009, Reid spoke of “Democrats raising their ugly heads.” Days later, Reid protested when Obama press secretary Robert Gibbs mocked Dick Cheney (“Well, I guess Rush Limbaugh was busy, so they trotted out their next-most popular member of the Republican cabal”), asking if that “kind of sarcastic response… is that the sanctioned tone toward the former Vice President of the United States from this White House now?” Then as unrest simmered in Iran that June, Reid carried the Republicans’ water into a briefing by President Obama himself:

    CHIP REID: Thank you, Mr. President. Following up on Major’s question, some Republicans on Capitol Hill — John McCain and Lindsey Graham, for example — have said that up to this point, your response on Iran has been timid and weak. Today, it sounded a lot stronger. It sounded like the kind of speech John McCain has been urging you to give, saying that those who stand up for justice are always on the right side of history, referring to an iron fist in Iran — “deplore,” “appalled,” “outraged.” Were you influenced at all by John McCain and Lindsey Graham accusing you of being timid and weak?

    THE PRESIDENT: What do you think? (Laughter.)

    At the end of the day, the American posture towards the borders of a future Palestinian state is unchanged. Sadly, the same is true of Chip Reid’s posture towards President Obama.

  24. uuggh. Who gives a shite about a coupla war mongers like mccain and lindsey say or think ? The WH correspondents are consistently stupid.

  25. O.K Time out BIBI is not our president and he can say anything he wants, but he knows full well the the USA is in full support of Israel, the MSM is traying to create SHIT out this sensative crisis.
    In our family we have 4 members in the military right now not only protecting our country, but the Israelis, I have had enoough of this crap we are AMERICANS no matter where you are from.

  26. There are other aspects of what the Government did to help out Chrysler that won’t be paid back any time soon. Chrysler can’t go forward as long as the Government has any sort of control. Other businesses won’t invest or sharehold until they get out from under *this* debt. This is the debt that has the U.S. and Canadian governments looking over their shoulder. Once they pay this back, then it’s left with the arrangement that’s like a revolving credit account to help them build or retool factories that create the cars and trucks with better fuel economy. There’s another component that I can’t think of right now, but suffice it to say that Chrysler isn’t out of the woods yet and has many more years to go before they can stand on their own two feet.

    They’re still in business, hiring and maintaining a skilled workforce; that’s really the best we can hope for right now.

  27. I really like that one. I’d be okay if you featured more than one a day. Made me hungry for more.

  28. BBC news; Obama Holds Tough Netanyahu talks.
    Obama said” mutually agreed swaps” would help create ” A viable Palestine, and a secure Israel”

  29. This would be excellent – I drive 45 miles each way, every day! I wonder if it will ever make it to the American market…

  30. Nice but only if the DNC’s cash on hand is greater and debt less than or equal to the RNC.

  31. Hey, BWD…does this wordpress theme allow you to collapse your categories into a drop-down list? I’d like it if I didn’t have to keep by-passing that list of categories to get to the recent posts. I’m one of those people who reads this blog exclusively from here (no email or rss feed). It would be very helpful.

  32. That page is pretty awful in conjunction with Internet Explorer unfortunately (it works well with firefox however).

    Thanks a million for your $10!!!

  33. Awesomeness. That fundraising got a huge shot in the arm by the WH. All of those fundraisers which POTUS, VPOTUS, FLOTUS, etc. are participating in have the lion’s share of the donations benefiting the DNC. I think that’s genius.

  34. Excellent, thanks so much. We’re now only $95 away from bwd’s goal. $5, $10 here and there has really added up; I hope that more people choose to donate!

  35. The DNC raised $12.4 million in April, surpassing the RNC’s $6 million effort and year-to-date figures show that the DNC has a little more than $30 million, nearly $10 million more than the RNC’s $23.7 million.

    The other number’s aren’t good for the GOP either.

    The RNC told TheDC on Thursday that the committee was still $19 million dollars in debt, though it’s an improvement from the $24 million overdrawn statement in January. Like everyone else in the country, both committees are suffering from debt, but the DNC’s is only $15.4 million, with more than $14 million cash on hand, compared to the RNC’s $5 million pocket-change.

    http://news.yahoo.com/s/dailycaller/20110520/pl_dailycaller/dncreleasesitsfundraisingfiguresbetterthanrncsinfirstmonthsof2011

  36. gn, please keep on posting the link so that if some of us have some $’s, we can help a little at a time. Thank you!

  37. Could someone tell me where do I go to look up monies donated to candidates daily. I know that this is reported to the FEC, but I cannot remember where. In 2008 I used to compare then Senator Obama’s and Hillary. I remember when Hillary claimed she got 10 mil in 24 hrs after clinching the Pennsylvania primary I went to look it up. I believe Senator Obama received more than she did in that 24 hrs because his supporters were trying to beat her record. I want to lookup Romneys later next month.

  38. No doubt the difference is PBO, but Debbie Wasserman Shultz is a pretty prolific fundraiser in her own right, so will only help in this area.

  39. Bibi also has the problem that those Israeli settlers in some of the disputed areas are armed to the teeth and don’t plan to go quietly. The Gov of Israel doesn’t want a blood bath on their hands.

    But, I’m not disagreeing with your assessment of Bibi at all, GN.

  40. Thanks Grumpy Young Man for bringing this to our attention. Words DO hurt. I don’t use that word because I find it offensive myself but I will be much more attentive to it in the future.

  41. I did my $5 this morning GN. I can’t do anymore till 1st of June. but Sis I are are donating monthly anyway.

  42. I gave to DNC, OFA, DSCC and DCCC in the last month.

    I have to admit I don’t feel like giving as much to the House because of folks like Weiner and Guiterrez. I know President Obama needs a strong majority, but these assholes piss me off every time they open their mouths.

  43. Andrea mitchel just said the republicans see an opening and that they will paint the president as being an opponent of Israel!
    What over the top bullshit!

  44. So what kind of blow back are we going to give the right Nethanayu.

  45. Thanks Bob that’s the best laugh I had since last night when I found out that Rep Dennis Ross (R) Florida, thinks we should “sell Utah” to pay off the national debt. No lie, he really said that!

  46. I don’t think it would work. I don’t think ‘Israel’ is the issue it might have been even a decade ago. Especially when the idea is carte blanche, Israel-can-do-no-wrong support.

    Unfortunately I think even Dems in Congress over-represent the “Israel can do no wrong” support base.

  47. Thanks for providing the link to the opinion piece in Haaretz, it provides perspective on the situation.

  48. Per Andrew Sullivan:
    Don’t push your luck, Bibi. Others have with Obama and they have learned that he is often more canny than they are with political jujitsu. Obama’s usual tactic: gently and subtly prompting his foes to self-destruct. I just hope that in this critical juncture in the Middle East, Netanyahu doesn’t take his country with him.
    ##############
    I really like this statement, I think he is right and it could not happen to a nicer guy *BiBi)!!!

  49. Happy Friday everyone….

    Sad that our President had to have such a downer on Friday. But once all the hype settles and people think about it, I would not be surprised if there’s an uprising in Isreal against Bibi. The ALL PEOPLE WANT PEACE…Its the leaders in the middle east and Isreal that are making money on war. It has got to stop or mankind is a done. Speaking of done, if you don’t hear from me tomorrow…Iam getting my hair done, not raptured :)!

  50. I like the idea of Labor declaring it’s independence. I hope they’re planning on targeting middle/working class Republicans for inclusion – like the union folks in Wisconsin who voted for Walker.

    Labor needs to take the approach of the NRA – be laser-focused on their issue and non-partisan. The NRA has much smaller numbers than labor unions, but they’re more powerful and have essentially won their fight.

  51. “Speaking of done, if you don’t hear from me tomorrow…Iam getting my hair done, not raptured”

    heeheehee thanks for the laugh JoJo😀

  52. How does that position help the country? Did Andrea bother to ask that question? Do Republicans work for Israel or America?

  53. Gn, I will donate a little something because I didn’t get to participate earlier since my computer was down the past week until tonight. I’m so happy now because I was suffering from serious withdrawal this week. I had to use my phone to browse and/or post.

  54. This is a fascinating read:

    U.S. OFFICIAL TO HAARETZ NETANYAHU FOCUS ON 1967 BORDERS MISSING THE POINT

    In an interview with Haaretz, a senior U.S. official says Netanyahu’s reaction to Obama’s Mideast speech may lead to a situation in which 187 countries vote for the recognition of a Palestinian state at the General Assembly and two oppose.

    “There were plenty of things in support of Israel,” the official told Haaretz, citing Obama’s wariness of the recent reconciliation of Hamas and Fatah, his condemnation of terror perpetrated by Hamas and his call for Palestinians to halt unilateral steps toward recognition. The official added that Obama recognized Israel as a Jewish state, saying that focusing on issue of 1967 borders was missing the point.

    http://www.haaretz.com/news/diplomacy-defense/u-s-official-to-haaretz-netanyahu-focus-on-1967-borders-missing-the-point-1.363088

  55. Lol, you just better hope your hair dresser doesn’t get “the call” right when you are in the process.

  56. I know that the rapture is supposed to happen on Saturday, but I thought of another conspiracy theory.

    The right wingers believe that the end times will come when the world rises up against Israel – and they’re expecting it sometime in 2012, right? Well, maybe they are goading Netanyahu to alienate President Obama so that they are further isolated, the UN gig can further isolate them later this year, bringing about the destruction of Israel which is supposed to usher in Armageddon. It could also be why they’re not approaching the 2012 election with any seriousness, because they think they won’t need to.

    Just a thought, in the spirit of the rapture build-up…

  57. Beware of the teleporting device above your head, JoJo. They call it a drier but it’s not.

  58. HA! That’s great. You guys are cracking me up. This rapture is too much fun. I have laughed all day at this.

  59. From a dkos post

    These first reports back from those all ready raptured

    Breaking: First wave of rapturees complaining about invasive Heaven Security Admin procedures “St Peter touched my junk” said one. Pope cheers.

  60. Yippee. Congrats bwd and other donors.

    The TOAITR donations just hit $2,000.

  61. YES!!! Nice work everyone.

    Hey, anyone have access to a rapturee’s banking account? You can clean it out and donate the whole thing to the Democrats and no one will mind. Sell their gold, too.

  62. Personally, I hope Setti Warren takes the Democratic nomination. I think Capuano is too conservative and is old news.

  63. My city, San Diego was looking at harsh cuts to library staff, hours, schools, school employees. The boost in the economy gave us a $6 million windfall of revenue that may ameliorate much of these proposed cuts. Also California unemployment just dipped below 12% for the first time in 2 years.

    Unfortunately the revenue stream has yet to catch up with Sacramento.

  64. From Haaretz:


    The establishment of a sovereign Palestinian state is today a necessity, just as Zionism was a necessity. And about half of Israeli society apparently agrees with Western public opinion and Western governments on the principle that Palestinian Arabs have the same right to independence and sovereignty as do Israeli Jews.

    Blunt, and to the point.

  65. As Jovie has shown and this shows, each and every week, PBHO and his Admin ARE “as busy as little bees”:

    Weekly Wrap Up: A Moment of Opportunity…

    Your quick look at the week of May 16th to May 20th on WhiteHouse.gov:

    Graduation Season: This week, the President and First Lady spoke at commencements around the country. President Obama addressed graduating seniors at Booker T. Washington High School in Memphis, TN — the winners of the 2011 Commencement Challenge. The First Lady spoke at Spelman College in Atlanta and delivered a historic address to graduating Cadets at the United States Military Academy at West Point.

    Moment of Opportunity: President Obama laid out his vision for a new chapter in American diplomacy as calls for reform and democracy spread across the Middle East and North Africa. After the speech, Deputy National Security Advisor Ben Rhodes answered questions from all over the world via Twitter.

    Do You Know Someone Like This?: Nominate an everyday hero for the 2011 Presidential Citizens Medal.

    Huskies at the White House: President Obama honored the NCAA champions the UConn Huskies in a ceremony at the White House. Watch a video of the team’s basketball clinic with local kids.

    My.FCC: FCC announced the development of a fully-customizable platform for FCC.gov. Learn more about the new site, still in a prototype phase, in a video from FCC Managing Director Steven VanRoekel.

    West Wing Week: “The Commencement at Booker T”

    On Twitter: @RayLaHood: DOT fostering transportation options; bicycling deserves seat at the grown-up table. #b2wd http://bit.ly/jhYlVy. Follow @RayLaHood on Twitter.

    King Abdullah of Jordan: President Obama met with King Abdullah II of Jordan in the Oval Office to discuss Libya, Israel and Palestine and change in the Middle East.

    Winding the Future: The world’s largest commercial wind blade testing facility opened in Boston, MA.

    Expanding Trade, Supporting Jobs: The United States hosted the Asia-Pacific Economic Cooperation (APEC) annual meetings for the first time since 1993 in Big Sky, MT.

    Number Crunchers: Hundreds of apps and two years later, Data.gov continues to give citizens more information about the government to the public.

    Fixing Our Broken Immigration System: The President’s Council on Jobs and Competitiveness on the economic benefits of immigration reform.

    One Tweet at a Time: Senior Advisor to the President David Plouffe on getting in touch with the American public.

    http://www.whitehouse.gov/blog/2011/05/20/weekly-wrap-moment-opportunity

  66. I wholeheartedly agree…

    And, let’s not forget Murdoch and FOX, particularly FOX “News,” the political communications/PR arm of the TeaPublican Party, who disrespects our President and the Office of the Presidency 24/7, 365 days a year:

    @StopBeck and twitfriends are the reason Beck will no longer have his FOX show! Now, @StopBeck/@GoAngelo, as Director of @mmfa’s DropFox effort, and Media Matters will “take on” @Drop_Fox… http://dropfox.com/ (Media Matters is on the “TOAITR” Blogroll.)

    By the way, WE can help, too!

    YES.WE.CAN…DO.More, Together! (h/t Bobfr)😉
    YES.WE.CAN…Move America Forward & Win The Future!
    YES.WE.CAN, Again Make History…Obama/Biden 2012!

    FIRED UP & READY TO GO!🙂

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