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Here we go again with more projection from Liz Cheney. When asked about President Obama's speech in Kansas last week in which he talked about the Republicans being the party who are just looking out for the rich, the viewers of Fox News Sunday were treated by Cheney to political analysis that was about as ridiculous as when she claimed President Obama wanted to trash the economy on purpose for political benefit, as though a bad economy would somehow help his chances of being re-elected.

This week, it was more harping about regulations and the health care law somehow destroying our economy, lying that the stimulus bill didn't do any good to turn things around and pushing to have our social safety nets destroyed in the name of “entitlement reform”. And last but not least, claiming that President Obama is going to "lose" the wars in Iraq and Afghanistan because he's been pulling our troops out of there.

CHENEY: And I also want to point out that he's gotten a pass in many ways on national security and foreign policy. He right now as Commander in Chief is performing abysmally in regard to Afghanistan and Iraq. He's about to snatch defeat from victory in Iraq by pulling everybody out and not being able to accomplish even strategic agreement for long term relationships.

WALLACE: What about his comments in the press conference where he said ask, because there was all this stuff about him being an appeaser, and in the White House press conference he said, “Ask Osama bin Laden if I'm an appeaser?”

CHENEY: Right, he wants to talk about bin Laden. It's terrific that he got bin Laden. We all give him credit for that. But Iraq and Afghanistan are two place where this President is absolutely failing and in Afghanistan, he's pulling our troops out so fast that he's putting the mission at risk. We've got these two wars that have been incredibly important and in which we have sacrificed tremendous lives and treasure. This President's performance means we very well may lose both wars. And the only reason that that's not getting covered is because his performance on the economy is so abysmal.

Juan Williams gave some weak tea response, but he's correct that the American people are tired of having our troops there after ten long years and don't agree with neocons like Cheney and the biggest drag on Obama's poll numbers are due to the economy. Naturally, no one called Cheney out for the fact that there wouldn't be any wars invasions/occupations to "lose" if her father and George W. Bush had not lied to the American public to take us into those countries in the first place.

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I'm not sure why Rep. Garrett thinks that making sure the banks turn a profit is going to assure they'll lend to anyone. It hasn't worked so far. His solution seems to be just to let them fail and take the economy down again if they do rather than regulating them. The Wonk Room has more--GOP Criticizes Obama Plan Because It Would ‘Confine The Banks And Their Ability To Make Profits’:

In the wake of the Obama administration’s announcement yesterday that it will seek new bank regulations “in the spirit of Glass-Steagall,” one line of thought posited that Republicans had been placed into a box, as they wouldn’t want to give the administration a victory on regulatory reform, but they also wouldn’t want to seem too friendly towards the banks.

But mass opposition has been the staple of the Republican strategy towards Obama so far, and early indications are that they won’t be any more helpful with the plan to reform the banks.

[...]

Garrett’s statement, meanwhile, basically implies that a profit earned in any fashion — whether its by ripping of unknowing consumers or gambling with federally insured money — is alright by him. But it’s not really the level of profits that we’re talking about here at all — it’s the way in which they were earned. Profits of the sort Wall Street has been seeing in recent years are only achievable by amassing a huge amount of risk, which is backed by American taxpayers because the institutions involved are systemically important. It’s the merging off traditional deposit banking and commercial lending with a hedge fund mentality that is the problem Obama’s plan seeks to address.

Transcript via PBS below the fold.

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Conservatives virtually declared victory after forcing a moderate Republican out of a highly contested House race in upstate New York. The Republican candidate, Dede Scozzafava, withdrew Saturday virtually guaranteeing a win for Conservative Party Candidate Doug Hoffman in New York's 23rd Congressional district.

White House senior advisor Valerie Jarrett told ABC's George Stephanopolous that pressure on Scozzafava to drop out shows how conservatives are marginalizing moderates. "I think [the Republican Party is] becoming more and extreme and more and more marginalized," said Jarrett.