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, CO...co-starring Sandra Fluke! (VIDEO)

Tuesday, July 31, 2012

Boehner's quiet admission that he knows his Caucus is NUTS!

Congress did something halfway sensible today:

House Speaker John A. Boehner (R-Ohio) and Senate Majority Leader Harry M. Reid have reached a short-term spending deal that would remove the possibility of a government shutdown from the politically sensitive fall campaign season, the two announced Tuesday.

Under the agreement, Congress would agree to fund the government for six months when the fiscal year expires Sept. 30, setting agency spending for the year at $1.047 trillion.

A shutdown, believe it or not, would've been bad for all sides.  While I think it would have finished off the GOP once and for all, do we really want who knows how many Federal Employees out on the street just as Halloween is rolling around, with Thanksgiving and the Pre-Christmas Shopping Season to follow?

Rooting for the bad to give you something good is what Republicans do.

Added to that, have you even known Boehner's caucus to negotiate in good faith?  Yeah, me neither.

Still remains to be seen if Uncle Johnny can wrangle up the votes from his side of the aisle. All I know is Harry will deliver his, as will Nancy.

Remembering Thelma Glass (VIDEO)

Visit NBCNews.com for breaking news, world news, and news about the economy

Thursday, July 26, 2012

President Obama Speaks at the National Urban League Convention (VIDEO)



This is the speech where the President talks about sensible Gun Control. Because guess what? He's going to lose the Gun Lobby vote.

For some reason, Mitt Romney always assumes he's the smartest guy in the room.

Like...clockwork. Mitttens goes to England. Mittens offends the English.

Mitt Romney’s big international tour got off to a rocky start Thursday morning, as British officials including Prime Minister David Cameron took offense at the Republican candidate’s criticisms over London’s preparedness for the Olympics.

Romney expressed wariness over England’s ability to pull off the Olympics without a hitch, as well as reservations over security.

“You know, it’s hard to know just how well it were turn out — will turn out,” said Romney, who ran the 2002 Winter Olympic Games in Salt Lake City. “There are a few things that were disconcerting, the stories about the — private security firm not having enough people — the supposed strike of the immigration and customs officials, that obviously is not something which is encouraging.”

The comments did not go over well in Britain. Cameron rebuffed Romney’s criticism during a visit to the Olympic Park in Stratford Thursday morning, according to The Telegraph. “You’re going to see beyond doubt that Britain can deliver,” Cameron said.

I've originally been saying that Mittens thing was "say anything you need to say to close the deal". That's a salesman's mentality, and its worked well for him (and him alone) in the business world. But there's another tick to Mitten's personality that we need to pay attention to, and it could spell disaster for the country should, God forbid, he get elected.

He really thinks that where ever we goes, he's the smartest person in the room. Automatically. It's a near-Newt Gingrich level of myopia.

Worse, he automatically thinks that where ever he goes, he's the best person in the room, morally, spiritually, what have you.

Look at this incident. Mitt ran an Olympics, and thinks he did brilliantly at it. In actuality, it was you and I who did brilliantly at it since it was our Tax money who bailed out the Salt Lake Games.

I mean, seriously, how smart to do you have to be if you're facing a multi-billion dollar hole in your bank account to ask for money?

So, Mittens triumphs, in his mind. Years later, he goes to London, and feels that he should add his two cents to what's going wrong with the London games, since after all, he knows best.

Well, Londoners, having gotten to know him all of 24 hours, figure out that he doesn't know best, and they tell him, right down to Prime Minister Cameron, tell him to stuff it.

This is what terrifies me about a Mitt Romney Presidency. A guy who won't share budgets when it suits his purposes. A guy who doesn't think its any of our business what's in his taxes, when he's applying for a job to be our President, and asking for our votes to do it. This is a guy who just thinks, frankly, he's better than you. Worse, he assumes its the natural order of things, and you should sit back and accept the fact that he's better than you.

There's a distinct possibility that should he win, he might be worse than Bush. Admittedly, that's a very low bar, but if he's in the White House, we might be looking on that 47th in Job Creation Number (that he had as Governor of Massachusetts) with longing fondness.

Wednesday, July 25, 2012

There's "no active role, whatsoever", and there's what Mitt actually did...

Seriously, at this point, I'm just glad to see Journalism actually happening in this campaign:

Republican presidential candidate Mitt Romney has said he had no active role in Bain Capital, the private equity firm he founded, after he exited in February 1999 to take over Salt Lake City's Winter Olympics bid. But according to Bain associates and others familiar with Romney's actions at the time, he stayed in regular contact with his partners over the following months, tending to his partnership interests and negotiating his separation from the company.

Those familiar with Romney's discussions with his Bain partners said the contacts included several meetings in Boston, the company's home base, but were limited to matters that did not affect the firm's investments or other management decisions. Yet Romney continued to oversee his partnership stakes even as he disengaged from the firm, personally signing or approving a series of corporate and legal documents through the spring of 2001, according to financial reports reviewed by The Associated Press.

Tuesday, July 24, 2012

"Always" - Obama for America TV Ad (VIDEO)



I do believe this is Sec. Timothy Geithner calling out the Huffington Post... (VIDEO)

Because I know of no Media organization more dedicated to this lie, that HuffPo:

"Tampered"

Back to business as normal...and what do you know? Mittens came out with another ad...and he lied in it...

...again.

President Obama Speaks to the 113th Convention of the Veterans of Foreign Wars (VIDEO)

"The Choice" - Obama For America TV Ad (VIDEO)



"Over the next four months you have a choice to make. Not just between two political parties or even two people. It's a choice between two very different plans for our country.

Governor Romney's plan would cut taxes for the folks at the very top, roll back regulations on big banks, and he says that if we do our economy will grow and everyone will benefit.

But you know what? We tried that top-down approach. It's what caused the mess in the first place.

I believe the only way to create an economy built to last is to strengthen the middle class. Asking the wealthy to pay a little more so we can pay down our debt in a balanced way. So that we can afford to invest in education, manufacturing, and homegrown American energy for good middle class jobs. Sometimes politics can seem very small. But the choice you face, it couldn't be bigger."