Thursday, August 9, 2012

Funny. Weren't we just talking about "Son of Boss" yesterday? (VIDEO)

Newt Gingrich, the very model of bull@#$%, racist consistency. (VIDEO)

So lemme get this straight...

The Romney Campaign has no proof...apparently whatsoever...that the President has removed the Work Requirement for Welfare reform.

But they're going to keep saying it anyway?

Well, when Richard Trumka's happy, I'm happy...

Via TPM:

Labor and President Obama haven’t always seen to eye. But AFL-CIO President Richard Trumka says he couldn’t be happier with the way the campaign is shaping up.

“I think the president’s making the case right now that he should be making — that this is about two different types of economy,” Trumka told reporters Thursday at a breakfast hosted by the Christian Science Monitor.

It wasn’t always this way. After Republicans took over the House in 2010, the White House pivoted to deficit reduction, agreeing to major spending cuts as the GOP threatened to shut down the government — or worse. Trumka and other labor officials were put off by the new emphasis on trimming government and warned it was a political as well as economically dangerous.

But last year, with the recovery unexpectedly slowing down and Democrats convinced there was no overcoming the Republican Party’s anti-tax fervor, Obama launched a new legislative push for the American Jobs Act, a bill designed to stimulate the economy with tax cuts, relief for state government and infrastructure investments.

“I don’t want to say ‘I told you so,’ but last Labor Day he started talking about jobs and the economy and creating jobs and a different vision, and he’s not let up since then,” Trumka said.

Robert Samuelson...stopped clock.

It should come as no surprise that I can't stand the Washington Post's (cough-cough) Economics Columnist, Robert Samuelson...mostly because I don't think he knows much about Economics.

Let's see here's me blasting him (however briefly) for saying the Stimulus wouldn't work. Here's me saying outright Krugman's smarter than he is (no surprise, only one of them has a Nobel Prize).  Here's me saying that as long as Samuelson continues to work there, the Washington Post will remain a substandard newspaper.

But you know what they say, a stopped clock is right twice a day.

Thus, I present to you...Robert Samuelson...stopped clock:

There seems to be a Democratic mole inside Mitt Romney’s campaign. Could it be Romney himself? Well, of course not. But considering the campaign’s behavior, it might just as well be. President Obama and his allies have cast Romney as a wealthy fat cat who’s out of touch with everyday Americans and who would use his presidency to enrich the already rich. To counter this damning image, the last thing you’d expect Romney to do is embrace a tax plan favoring the super-rich.

Which is exactly what he has done.

After examining Romney’s proposal, the nonpartisan Tax Policy Center concluded that households with incomes exceeding $200,000 would receive tax cuts; meanwhile, taxes would rise for the other 95 percent of the population. Taxpayers making more than $1 million would receive an average cut of $87,000; those making less than $200,000 would pay an average of $500 more. Romney denies that he would raise taxes on the middle class but has provided no evidence that the Tax Policy Center’s analysis is wrong.

What can he be thinking?
Let's get one thing straight, I still think Samuelson's an idiot, and I'd still fire him yesterday for being fundamentally antithetical to his job description (a writer about the Economy who knows nothing about the economy)...

...but when someone as idiotic, biased and right-winged as Samuelson thinks Mitt Romney is out of touch, boy o' boy...Mitt Romney is out of touch.

Wow. Did Mitt Romney really run a Mafia-style Tax Scheme while at Marriott Corp.? (VIDEO)

It's a little complicated...but it's kinda devastating.

"Son of Boss" is the name of a Tax Scheme used by people understand all 7,300 pages of the U.S. Tax code to get out of paying as much taxes as they can.

Even John McCain was critical of this Tax Shelter...and in his words, that's exactly what it was...a Tax Shelter.

CNN has reported (and the video is right there below), that the IRS has collected $3.2 billion from 18,000 people who have used "Son of Boss", including $29 Million from the Marriott Corporation.

And would anyone care to guess who was head of the audit committee of the Marriott Board of Directors from 1993 to 1998?

C'mon, have you been paying attention to this blog?

In case you're wondering, Edward D. Kleinbard and Peter C. Canellos's original editorial can be found here.  Their new Editorial, talking about Marriott Corp. (as referenced in the video above), can be found here.

What happens when Mitt Romney is called out for lying? (VIDEO)

Nothing. He doesn't answer the question.

President Obama's full remarks in Denver, Sandra Fluke! (VIDEO)