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Wednesday, October 30, 2013  
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Virginia's Monster GOP Fail

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The "You Can Keep It" Mess

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Daily Commentary HeaderClueless Disasters
Over the last couple of days, some of our media colleagues have been rightly focusing on the anniversary of Superstorm Sandy, or the anniversary of the Great Depression. However, with less than a week to go, much of our staff still has our eyes planted firmly on the Virginia election being held next Tuesday.

As we noted yesterday, the Republican Party is currently being dragged down - rapidly -  by its extremist 'Tea Party' wing. There are plenty of opportunities right now for sane, rational Republicans to wrest control of their party back at the national level, with subjects like immigration, the budget, and even LGBT rights being argued in Congress right now.

That doesn't mean doing so would be easy. In fact, as the last Washington Post/SRBI poll before the Virginia election shows, the crumbling Frankenstein that is currently the GOP is far more likely to keep scaring voters away - in part, because those who control remain in denial of the facts.

This couldn't have been made any more obvious than in the chart highlighted by Greg Sargent yesterday afternoon. In multiple major categories - White college graduates, Non-white voters, Women, Independents, and even 'All Likely Voters' - the kinds of Virginians who will likely hit the polls by next Tuesday overwhelmingly dislike the Republican Party right now.

As Sargent also noted, in a state that experienced political observers see as "increasingly resembling the country as a whole," the Republican Party seems to already be among the walking dead...
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October 30, 2013
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Jobs & The Economy

Rise in Home Prices May Now Be Peaking

Investors Beginning To Dive Into Mortgage Bonds Once Again
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Oct. U.S. Consumer Confidence Falls Sharply, Due To Govt Shutdown

Neil Irwin: Consumer confidence collapsed in Oct. Thanks, Congress!
Wall Street Watch

JPMorgan's $13 billion settlement deal with Justice Dept. at risk of falling apart

Katrina vanden Heuvel: JPMorgan settlement is justice, not a shakedown

SAC Capital to Plead Guilty to Securities Fraud, Pay $1.2B - Largest Insider Trading Penalty Ever
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Sen. Rand Paul says he will place hold on Janet Yellen's nomination to Fed Chair position

Apple's performance results disappoint Wall St. ahead of holiday quarter

Felix Salmon: Why Apple should keep doing what it's doing - and ignore Wall Street
Economic Inequality

Ned Resnikoff: America's new rapidly looming hunger crisis
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How to Cut the Poverty Rate in Half (It's Easier Than You Think)
Budget Battles

Sahil Kapur: A Mini-Bargain? Path Emerges In Congress For Budget Deal

Jonathan Taplin: The Chart That Should Be Driving Budget Talks

John Nichols: Instead of Paul Ryan's 'Robin Hood in Reverse,' Why Not a Robin Hood Tax?

Kevin Drum: Who Actually Pays Corporate Income Taxes?
Immigration: Reform Coming?

Business Alliance Now Pressing Congressional GOP for Immigration Action

Greg Sargent: Immigration reform is sort of undead

Benjy Sarlin: Widely mocked anti-immigration Heritage report returns

Rubio's immigration defeat a huge victory for GOP's "whites-only"faction
Media Matters

Twitter's addition of inline photos & videos solve site's biggest problem: words.

Is CBS News Getting into the 24-Hour News Network Business?
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Bill Moyers ending 'Moyers & Company' in January

Flashback: How The Washington Post covered the start of the Great Depression, on Oct 29, 1929
Energy, Climate & Environment

Jonathan Chait: The Keystone Fight Is a Huge Environmentalist Mistake. There Are Better, Easier Targets.
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Roberto A. Ferdman: The Great Global Wine Shortage Is Here, Thanks To Climate Change
Did You Miss It On Monday?
Here It Is Again!
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October 30, 201
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White House Update

EU delegation to meet at White House today over NSA spying concerns

WH reaction to NSA stories shows how presidents work way too hard keeping their predecessors' secrets
National Politics

Former Democratic House speaker Tom Foley remembered, as his colleagues beg for civility now

Gallup: U.S. Death Penalty Support Now At Lowest Level in More Than 40 Years
News From Capitol Hill

Senate clears Obama FCC, NLRB picks, but battle over judge nominee revives partisan rancor

Meredith Shiner: Dems Introduce Bill to End Debt Limit Brinkmanship
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U.S. Congress to hear from drone attack survivors for first time

Trayvon Martin's Mother To Senate: Clarify America's Inconsistent 'Stand Your Ground' Laws
On The Left

David Dayen: How a Blogger Made Expanding Social Security a Respectable Idea 
On The Right

Las Vegas Launches Bid To Host 2016 Republican National Convention
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