Cable News Ratings for Friday, November 9, 2012

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1. Mark2

   Posted November 12, 2012 at 2:31 PM

   Best and Worst Fiscal Multipliers:

   Best:
   Temporarily Increase Food Stamps = 1.73
   Extend Unemployment Insurance Benefits = 1.64
   Increase Infrastructure Spending = 1.59
   Issue General Aid to State Governments = 1.36
   Temporary Payroll Tax Holiday = 1.29
   Refundable Lump-Sum Tax Rebate = 1.26

   Worst:
   Extend Alternative Minimum Tax Patch = 0.48
   Make Dividend and Capital Gains Tax Cuts Permanent = 0.37
   Cut Corporate Tax Rate = 0.30
   Make Bush Income Tax Cuts Permanent = 0.29
   Temporary Accelerated Depreciation = 0.27

   And all this came from one Moody’s Chief Economist for Moody’s Economy . com and a former adviser to John McCain.

2. Sam

   Posted November 12, 2012 at 2:37 PM

   Apple is one of the most degenerate corporations ever, this is still pissing me off :

   http://www.washingtonpost.com/business/technology/apple-paid-only-2-percent-income-tax-on-368-billion-in-earnings-outside-us-in-fiscal-2012/2012/11/04/d45c126c-26b9-11e2-ac64-5d52a2c5953e_story.html

3. Mark2

   Posted November 12, 2012 at 2:38 PM

   Wow, Ben Stein finally speaks the Truth

   http://www.youtube.com/watch?v=OFZ8h2ygIcg

4. TZCA

   Posted November 12, 2012 at 2:39 PM

   Joe
   Posted November 12, 2012 at 2:27 PM
   I don’t see any of those Fox News lovers when they lose in the ratings or when their candidate loses the election. Just shows those people are cowards. Only show up when they are doing well in the ratings.
   *******

   Appears Joe hasn’t been around for the last few days. Just shows that liberals flap their lips and shoot from the hip.

5. Sam

   Posted November 12, 2012 at 2:48 PM

   American corporations have a mountain of wealth estimated at over 1 trillion dollars in overseas accounts. They are lobbying to get a “tax holiday” to bring their mountain of cash back to the US without being taxed. If they would pay their fair share of 30% , we would secure an enormous amount of the debt.

6. Mark2

   Posted November 12, 2012 at 2:55 PM

   @Sam

   And they’re supposed to be paying 35%, but that never happens because of all the loopholes.

7. lbsles

   Posted November 12, 2012 at 3:02 PM

   To educate the left nuts here.

   The term **Neoliberalism** is most commonly used to refer to economic liberalizations, free trade and open markets, privatization, deregulation, and enhancing the role of the private sector in modern society.

   Today the term is mostly used as a general condemnation of economic liberalization policies and its advocates (re. bastardize the term).

   The term was introduced in the late thirties by European liberal intellectuals to promote a new form of liberalism after interest in classical liberalism had declined in Europe. In the decades that followed, neoliberal theory tended to be at variance with the more laissez-faire doctrine of classical liberalism and promoted instead a market economy under the guidance and rules of a strong state, a model which came to be known as the social market economy. In the sixties, usage of the term “neoliberal” heavily declined. When the term was reintroduced in the following decades, the meaning had shifted. The term neoliberal is now normally associated with laissez-faire economic policies, and is used mainly by those who are critical of market reform.

8. lbsles

   Posted November 12, 2012 at 3:03 PM

   The main points of neo-liberalism include:

   THE RULE OF THE MARKET. Liberating “free” enterprise or private enterprise from any bonds imposed by the government (the state) no matter how much social damage this causes. Greater openness to international trade and investment, as in NAFTA. Reduce wages by de-unionizing workers and eliminating workers’ rights that had been won over many years of struggle. No more price controls. All in all, total freedom of movement for capital, goods and services. To convince us this is good for us, they say “an unregulated market is the best way to increase economic growth, which will ultimately benefit everyone.” It’s like Reagan’s “supply-side” and “trickle-down” economics — but somehow the wealth didn’t trickle down very much.

   CUTTING PUBLIC EXPENDITURE FOR SOCIAL SERVICES like education and health care. REDUCING THE SAFETY-NET FOR THE POOR, and even maintenance of roads, bridges, water supply — again in the name of reducing government’s role. Of course, they don’t oppose government subsidies and tax benefits for business.

   DEREGULATION. Reduce government regulation of everything that could diminsh profits, including protecting the environmentand safety on the job.

   PRIVATIZATION. Sell state-owned enterprises, goods and services to private investors. This includes banks, key industries, railroads, toll highways, electricity, schools, hospitals and even fresh water. Although usually done in the name of greater efficiency, which is often needed, privatization has mainly had the effect of concentrating wealth even more in a few hands and making the public pay even more for its needs.

   ELIMINATING THE CONCEPT OF “THE PUBLIC GOOD” or “COMMUNITY” and replacing it with “individual responsibility.” Pressuring the poorest people in a society to find solutions to their lack of health care, education and social security all by themselves — then blaming them, if they fail, as “lazy.”

   Around the world, neo-liberalism has been imposed by powerful financial institutions like the International Monetary Fund (IMF), the World Bank and the Inter-American Development Bank. It is raging all over Latin America. The first clear example of neo-liberalism at work came in Chile (with thanks to University of Chicago economist Milton Friedman), after the CIA-supported coup against the popularly elected Allende regime in 1973. Other countries followed, with some of the worst effects in Mexico where wages declined 40 to 50% in the first year of NAFTA while the cost of living rose by 80%. Over 20,000 small and medium businesses have failed and more than 1,000 state-owned enterprises have been privatized in Mexico. As one scholar said, “Neoliberalism means the neo-colonization of Latin America.”

9. Sicilian Papa

   Posted November 12, 2012 at 3:05 PM

   Food stamps are boom to the economy!

   Mark 2 you are delusional.

   Government does not create wealth it takes it. Government does not create anything but debt.

   22.5 trillion in 2016. Bank on it!

10. lbsles

    Posted November 12, 2012 at 3:07 PM

    Neoconservatism:

    is a right-wing branch of American liberalism that espouse political individualism and a qualified endorsement of free markets..[1] It has also been described as an variant of conservatism which advocates the assertive promotion of democracy and United States national interest in international affairs including through military means.[2][3] Neoconservatism (or new conservatism) is rooted in a group of former liberals, who in the late 1960s, began to embrace nationalism and interventionism in opposition to the rise of the USSR and moved significantly to the right of the spectrum.[4][5] The term “neoconservative” (sometimes shortened to “neocon”) was initially used in the 1930s, to describe American liberals who criticized communists for following a path closer to Soviet communism.[5]
    http://www.britannica.com/EBchecked/topic/1075556/neoconservatism

11. Sicilian Papa

    Posted November 12, 2012 at 3:10 PM

    LOL

    Wait until you see the bill for Obamacare. They said when they passed the bill it would save money. Now they are saying it will cost hundreds of billions.

    Come on lefties…we are probably looking at 2 trillion.

    Of course Ben Stein says we need to raise taxes. We have no choice but it will not save us from Obama. We are sinking and we will never get up.

12. Ralph Hahn

    Posted November 12, 2012 at 3:13 PM

    The world is almost back on its axis. The MSNBC FLUKE is almost over!!!

13. Mark2

    Posted November 12, 2012 at 3:18 PM

    @SP “Mark 2 you are delusional”

    I didn’t come up with those numbers. That was one of Moody’s Chief Economists who came up with the Fiscal Multiplier numbers. He even testified before Congress in 2008 on this matter. So if you have a problem with his numbers, write him a letter and tell him he’s delusional.

    Again, the Loons on the Right are so afraid of Math.

14. Sicilian Papa

    Posted November 12, 2012 at 3:18 PM

    Alan West is getting bamboozled down in Florida. The way Coleman got robbed in Minnesota. Frankin is how we got Obamacare

    Democrats get to cheat and their corrupt media propaganda wing looks the other way. If a fair media put a spotlight on these things the cheaters would back down.

    Here is hoping the right goes through with the forth broadcast network. The left will not get away with these things if you do.

15. Jeff

    Posted November 12, 2012 at 3:19 PM

    The GOP is collapsing on Taxes. Grover Norquist is on TV using childish angry tones to describe his frustration that he is loosing his strangle hold over the GOP.

    LOVE IT!!

    The Obama mandate is forcing Republicans to talk of compromise, for the moment.

16. Sicilian Papa

    Posted November 12, 2012 at 3:22 PM

    @

    Mark 2

    You are taking money from one person to give to another. You can argue it is the right thing to do but it does not create wealth it redistributes it.

17. Keynes

    Posted November 12, 2012 at 3:26 PM

    @Jeff

    Sadly, I think that Republicans will not actually compromise with the president. Like David Frum says, conservatives have been and are being lied to by conservative media/entertainment. So long as people in that industry insist on publishing and perpetuating dramatic, apocolyptic nonsense to drive up ratings, the American political system will be broken.

18. Mark2

    Posted November 12, 2012 at 3:26 PM

    @SP

    It’s meant to stimulate the economy.

19. TZCA

    Posted November 12, 2012 at 3:26 PM

    @lbsles

    Thanks for those postings. It is a Cliff’s notes to the bigger topic and good start for me. This is why I don’t like titles. If a liberal uses neoliberalism, it is intended to convey a sense of insult.

    @Faith3, if you read this, I am in favor of controlled neoliberalism. I do not want all regulations eliminated. Corporations not held in check can result in the horrible working and polluting conditions of the late nineteenth century (Carnegie, Rockefeller, JP Morgan). However, I firmly believe the regulatory environment now is destructive to business and the ambition that drives it. So, in a nutshell, I’d like to see reasonable labor and environmental laws set forth that punish those who violate them (individual or corporate), and the only cost for a business to startup is the cost to build, cost to license, and the cost for zoning review. Simple. It’s that simple in communist China, why not in a free society like the US is suppose to be?

20. Jayson

    Posted November 12, 2012 at 3:29 PM

    @Ralph Hahn

    “The world is almost back on its axis. The MSNBC FLUKE is almost over!!!”

    I’m generally NOT in the business of defending MSNBC (they’re just a partisan as FNC), but they appear to have increased their audience and continue to capture more viewers (in the 25-54 demographic) than FNC in primetime.

    There are a number of people on this sight who cheer FNC no matter what. I guess I’ll count you among them.

    As for the ratings…

    It seems that about 300k more viewers have been added to FNC, CNN, and MSNBC, lately. It’s getting colder in most places which is keeping more people indoors in front of the TV, I suppose.