Elizabeth Warren’s Rebuttal

Chris Christie gave his speech at the RNC that attempted to re-write American history. You can watch it at this link. Elizabeth Warren responds with the TRUTH.

New Jersey Governor Chris Christie gave a speech tonight at the Republican National Convention about the Greatest Generation.

Let’s talk about what really made the Greatest Generation so great.

Coming out of the Great Depression, America was at a crossroads. The future of our economy — and our democracy — was at stake.

We made a decision together as a country: To invest in ourselves, in our kids, and in our future. For nearly half a century, that’s just what we did.

And it worked. For nearly 50 years, as our country got richer, our families got richer — and as our families got richer, our country got richer.

And then about 30 years ago, our country moved in a different direction. New leadership attacked wages. They attacked pensions. They attacked health care. They attacked unions. And now we find ourselves in a very different world from the one our parents and grandparents built. We are now in a world in which the rich skim more off the top in taxes and special deals, and they leave less and less for our schools, for roads and bridges, for medical and scientific research — less to build a future.

Tonight, Chris Christie and the Republicans told the American people that we’re to blame for our broken economy. He told families to tighten their belts. He told seniors to live on less. He told teachers to stop fighting for fair pay.

He never, ever mentioned how much more the richest have taken, and he had no mention that those who broke our economy still haven’t been held accountable.

The Republicans believe in an America that is rigged for the big guys — giant corporations that can hire an army of lobbyists, ship jobs overseas, and take their profits to the Cayman Islands.

That’s not who we are as a people — and that’s not the kind of country we want to be.

We built America together, and that’s what makes America great.


New pseudonym for Paul Ryan

After that convention speech he gave last evening even Fox analyst blasts Ryan for “world record for the greatest number of blatant lies”. Also Fox’s Web site calls Ryan out for his lies. The AP published “RYAN TAKES FACTUAL SHORTCUTS IN SPEECH”. FactCheck.org calls it “Ryan’s VP Spin”. It appears that Mr Ryan is quite personable and a decent orator however his half-truths and outright false statements bring to mind an alliteration that will henceforth be in mind whenever is name is mentioned, Lyin’ Ryan. Hmmm, I’m not alone in this.

In my world if you can’t speak truthfully you should stop talking.

Karl Denninger takes on Ryan too.


Via WSJ –

Eastman Kodak Co. is putting the camera-film business that helped make it a blue-chip company on the block as the company struggles to adapt to changing times and reorganize under bankruptcy protection.

Kodak said on Thursday it would sell its traditional off-the-shelf print-film business and several other businesses to raise additional cash as an auction of its digital patents slogs on.

In addition to print film, Kodak’s businesses for sale include kiosks that develop digital photos as well as heavy-duty commercial scanners and related software used by large companies such as health-insurance firms to process thousands of forms from customers. end WSJ

BJP – “Film division is still profitable,” says Kodak [update]
ARS Update – Reader Comments

Long story short – Almost Twenty years ago (1993) I made a presentation in Rochester, NY to a group of EKC executives that described new business opportunities in commercial printing using digital technologies. My details concentrated on workflow automation and the changes to existing consumable production materials. The combination of automation and digital imaging reduced the cost of production by 85% per page. It made perfect sense that digital technology would be the future of commercial printing around the world and EKC had the reputation, distribution, and sales force to dominate the market world-wide.

But, it turned out that Gary was one of numerous messengers waving the digital flag in the faces of EKC’s old school management. I was treated respectfully but my ideas came to a deaf ear dead-end. Days later, after some conversations and reflection I also came to understand that my presentation was received by people who were close to retiring on their EKC executive retirement plan. For them it was a “don’t rock the boat” personal decision.

Sometimes I fantasize about how EKC and my life would’ve changed differently had my ideas been supported. Personally, I don’t feel badly about the fall of EKC. It’s simply a cycle of life and death. It would be nice to see a new KODAK rise from the fertilization of the old EKC. I hope it comes to pass.