Showing posts with label anti-Americanism parading as patriotism. Show all posts
Showing posts with label anti-Americanism parading as patriotism. Show all posts

Saturday, October 12, 2013

Google's motto used to be do no evil, now they have joined evil central, ALEC














Google's motto used to be do no evil, now they have joined evil central ALEC
Quietly, Google has joined ALEC -- the American Legislative Exchange Council -- the shadowy corporate alliance that pushes odious laws through state legislatures.

In the process, Google has signed onto an organization that promotes such regressive measures as tax cuts for tobacco companies, school privatization to help for-profit education firms, repeal of state taxes for the wealthy and opposition to renewable energy disliked by oil companies.

ALEC’s reactionary efforts -- thoroughly documented by the Center for Media and Democracy -- are shameful assaults on democratic principles. And Google is now among the hundreds of companies in ALEC. Many people who’ve admired Google are now wondering: how could this be?

Well, in his recent book “Digital Disconnect: How Capitalism Is Turning the Internet Against Democracy,” Robert W. McChesney provides vital context. “It is true that with the advent of the Internet many of the successful giants -- Apple and Google come to mind -- were begun by idealists who may have been uncertain whether they really wanted to be old-fashioned capitalists,” he writes. “The system in short order has whipped them into shape.”

McChesney adds: “Any qualms about privacy, commercialism, avoiding taxes, or paying low wages to Third World factory workers were quickly forgotten. It is not that the managers are particularly bad and greedy people -- indeed their individual moral makeup is mostly irrelevant -- but rather that the system sharply rewards some types of behavior and penalizes other types of behavior so that people either get with the program and internalize the necessary values or they fail.”

Google has widely mythologized itself as some kind of humanistic techno-pioneer. Obscured in a fog of digital legend is the agenda that more than ever is transfixed with maximizing profits while capitalizing on anti-democratic leverage of corporate power. Google’s involvement in ALEC is consistent with the company’s mega-business model that relentlessly exploits rigorous data-mining of emails, online searches and so much more.

Yet image-conscious companies can be skittish about public pressure. That helps to explain why dozens of firms withdrew from ALEC during the last year.

A few days ago -- when my colleagues at RootsAction.org sent out an email alert about news of ALEC’s connection with Google as well as with Facebook and Yelp -- more than 25,000 people quickly signed a petition urging those companies to “stop funding ALEC.” Several thousand of the petition signers added comments that can be read online along with the petition.

Those comments reflect widening comprehension of Google and the significance of its alignment with ALEC. Here’s a sampling:

“I expected better. Maybe that was naive.”  James C., San Jose, CA

“What happened to your big pledge? ‘Don't be evil’? Guess it was just words...”  Lois W., Sun City, AZ

“Better check your definition of EVIL -- look it up on Google…”  Armando A., Vista, CA

“Please don't fund tyranny. You were supposed to be one of the good guys.”  Ernest W., Easthampton, MA

“Your credibility is fading associating with this kind of scum.”  John B., Easton, CT

 “You are subverting the wishes of your clients/users while undermining democracy.”  Vincent G., Sioux Falls, SD

“Shame on you. Think about what the majority of your users want instead of the ‘rich’ guys.”  Karen B., Westminster, CO

For those who are not familiar with ALEC (American Legislative Exchange Council) these are some starter articles, ALEC Exposed ( they are a militant proto-fascist anti-American organization that truly hates democracy) and they promote the control of the economy by elite plutocrats and the personal lives of Americans, Conservative Nonprofit Acts as a Stealth Business Lobbyist.

Tuesday, April 16, 2013

How Should a Patriot React To The Boston Marathon Bombings



































How Should a Patriot React To The Boston Marathon Bombings

The horror that was the aftermath of the explosions at the end of the Boston Marathon on Monday drew forth some of the best of people. With three dead and more than 100 wounded, dozens of citizens comforted and aided the injured, thousands more offered up their homes to stranded marathon runners. Such national tragedies can also bring out the worst in people, pulling forth responses that fly in the face of the feelings many are still grappling with. Here’s ThinkProgress’ list of the worst responses to what the Federal government is referring to as an attack:

Islamophobia. Fox News contributor Erik Rush, RedState, Pamela Geller, and the New York Post all blamed Muslims for the attack. Law enforcement officials say that it “remains too early to establish the cause and motivation” describing it as a “potential terrorist investigation.”

    Jihad in Boston: 12 dead, 50 injured …… horrific Boston Marathon bombing

    — Pamela Geller (@pamelageller) April 15, 2013

    Breaking: Authorities ID a Saudi national as a suspect in Boston Marathon bombings nyp.st/XNBHHr

    — New York Post (@nypost) April 15, 2013

Settling partisan gripes. The Washington Post’s Jennifer Rubin launched an attack on her colleague, snidely referencing the Kermit Gosnell trial’s coverage in calling the Boston explosions a “local crime story.” Rubin later attempted to explain that she only meant that she would avoid writing until more facts were known. The New York Times’ Nick Kristof took the time to call out Republicans’ blocking confirmation of a new head of the Bureau of Alcohol, Tobacco, and Firearms, but later deleted the tweet and apologized:

    Not writing on Boston. It is a local crime story for now.

    — Jennifer Rubin (@JRubinBlogger) April 15, 2013

Unnecessary partisanship. Minutes after the explosions were first reported, Michael Goldfarb of the Emergency Committee for Israel, chose to use the moment to mock Vice-President Joe Biden’s response to the incident. Others blamed Obama:

    Biden reassures America: “apparently there has been a bombing. I don’t know any of the details of what caused it, who did it.”

    — Michael Goldfarb (@thegoldfarb) April 15, 2013

    GEORGE BUSH KEPT US SAFE FOR 8 YEARSAND ONCE AGAIN @barackobama FAILS AS TERRORISTS BOMB BOSTON MARATHON is.gd/yhzvxB #p2 #dnc

    — Patrick Dollard (@PatDollard) April 15, 2013  ( Bush kept us safe for eight years? Talk about delusional. More Americans were killed by terrorists during the Bush presidency than Reagan, Bush Sr and Clinton combined).


False-flag. Conspiracy theory-monger — and Drudge favorite — Alex Jones of the website InfoWars wondered aloud whether the attack was a “false-flag” operation — an event made to look as though another perpetrated it, often used in reference to supposed government plots.

    Our hearts go out to those that are hurt or killed #Boston marathon – but this thing stinks to high heaven #falseflag

    — Alex Jones (@RealAlexJones) April 15, 2013
Conservative do American parents a great favor. All parents have to do is tell their children to watch and listen to conservatives to learn how NOT to behave.

Sunday, February 17, 2013

Conservative Republican Hubris - New Documentary Looks at How Conservatives Squandered Lives and Tax Dollars


















Conservative Republican Hubris - New Documentary Looks at How Conservatives Squandered Lives and Tax Dollars

A decade ago, on March 19, 2003, President George W. Bush launched the invasion of Iraq that would lead to a nine-year war resulting in 4,486 dead American troops, 32,226 service members wounded, and over 100,000 dead Iraqi civilians. The tab for the war topped $3 trillion. Bush did succeed in removing Saddam Hussein, but it turned out there were no weapons of mass destruction and no significant operational ties between Saddam's regime and Al Qaeda. That is, the two main assertions used by Bush and his crew to justify the war were not true. Three years after the war began, Michael Isikoff, then an investigative reporter for Newsweek (he's since moved to NBC News), and I published Hubris: The Inside Story of Spin, Scandal, and the Selling of the Iraq War [1], a behind-the-scenes account of how Bush, Vice President Dick Cheney, and their lieutenants deployed false claims, iffy intelligence, and unsupported hyperbole to win popular backing for the invasion.

Our book—hailed by the New York Times as "the most comprehensive account of the White House's political machinations"—was the first cut at an important topic: how a president had swindled the nation into war with a deliberate effort to hype the threat. The book is now the basis for an MSNBC documentary [2] of the same name that marks the 10th anniversary of the Iraq war. Hosted by Rachel Maddow [3], the film premieres Monday night in her usual time slot (9PM ET/PT). But the documentary goes beyond what Isikoff and I covered in Hubris, presenting new scoops and showing that the complete story of the selling of that war has yet to be told.

One chilling moment in the film comes in an interview with retired General Anthony Zinni, a former commander in chief of US Central Command. In August 2002, the Bush-Cheney administration opened its propaganda campaign for war with a Cheney speech at the annual Veterans of Foreign Wars convention. The veep made a stark declaration: "There is no doubt that Saddam Hussein now has weapons of mass destruction. There is no doubt he is amassing them to use against our friends, against our allies, and against us." No doubt, he proclaimed, Saddam was arming himself with WMD in preparation for attacking the United States.

Zinni was sitting on the stage during the speech, and in the documentary he recalls his reaction:

    It was a shock. It was a total shock. I couldn't believe the vice president was saying this, you know? In doing work with the CIA on Iraq WMD, through all the briefings I heard at Langley, I never saw one piece of credible evidence that there was an ongoing program. And that's when I began to believe they're getting serious about this. They wanna go into Iraq.

That Zinni quote should almost end the debate on whether the Bush-Cheney administration purposefully guided the nation into war with misinformation and disinformation.

But there's more. So much more. The film highlights a Pentagon document declassified two years ago. This memo [4] notes that in November 2001—shortly after the 9/11 attacks—Secretary of Defense Donald Rumsfeld met with General Tommy Franks to review plans for the "decapitation" of the Iraqi government. The two men reviewed how a war against Saddam could be triggered; that list included a "dispute over WMD inspections." It's evidence that the administration was seeking a pretense for war.
 Amazing that conservatives Republicans even have the nerve to run for office and while doing so claim they are fit to lead the nation. No voter who cares about America should be casting a vote for one of the most treacherous political movements in history.


Thursday, January 24, 2013

Fascism Comes To America: How Republicans Plan To Rig The Next Presidential Election, In Six Pictures





















Fascism Comes To America: How Republicans Plan To Rig The Next Presidential Election, In Six Pictures

Pennsylvania Gov. Tom Corbett (R), one of the architects of the Republican election-rigging plan
Yesterday, Virginia Republicans took the first step to move a GOP plan to rig the Electoral College forward in that state. Similar plans are under consideration in Pennsylvania, Wisconsin, and Michigan.

The Republican election rigging plan targets blue states that President Obama won in 2008 and 2012, and changes the way they allocate electoral votes to give many of these votes away for free to the Republican candidate for president. Under the Republican Plan, most electoral votes will be allocated to the winner of individual Congressional districts, rather than to the winner of the state as a whole. Because the Republican Plan would be implemented in states that are heavily gerrymandered to favor Republicans, the resulting maps would all but guarantee that the Republican would win a majority of each state’s electoral votes, even if the Democratic candidate wins the state as a whole.

Today, the Center for American Progress Action Fund released a white paper detailing how this Republican election-rigging plan works — including this rather striking visual demonstration of just how effectively Republicans gerrymandered six states that are likely targets of their plan:

In 1936 the John Reed club said that Hearst and Coughlin are the two chief exponents of fascism in America. If fascism comes, he added, it will not be identified with any "shirt" movement, nor with an "insignia," but it will probably be "wrapped up in the American flag and heralded as a plea for liberty and preservation of the constitution." Now e can just replace Hearst and Coughlin with the Republican party and the Koch brothers.

Tuesday, December 11, 2012

Why Does Bill O'Reilly Hate His Viewers and Feed Them Lies




Why Does Bill O'Reilly Hate His Viewers and Feed Them Lies

Fox News host Bill O'Reilly falsely suggested that President Obama's proposal to let Bush tax cuts expire could leave some wealthy Americans paying 40 percent of their incomes in federal taxes. But Obama has only proposed letting taxes on the top income bracket increase -- which means only income over $200,000 would be affected -- and very few Americans pay more than 35 percent in U.S. taxes.

This tax discussion comes as the Obama administration and the Republican House try to reach a deal on the automatic tax hikes and spending cuts known as the fiscal cliff.

O'Reilly told guest Adam Corolla that "your state's up to about 14 percent state income tax. President Obama wants to raise it up to about 40 percent federal. That's 54 percent. If he knocks out the deduction for state income taxes, which he wants to do, you'd be paying 54."

This is a complete misunderstanding of how income tax brackets in the United States work. President Obama has proposed letting the Bush tax cuts for the wealthiest Americans expire, which means the top income tax bracket would increase from its current 36 percent to 39.6 percent. But those rates would only apply to income exceeding $200,000. A taxpayer filing as "single" would currently pay a series of increasing marginal rates on his or her income, beginning with a rate of 10 percent on the first $8700 of income and ending with a rate of 35 percent on income over $388,350. And many taxpayers are able to take deductions, which limit their tax liability.

The taxpayer's effective rate almost always ends up much lower than 35 percent. According to the Tax Policy Center, in 2008, only 10,228 out of 142,450,569 total tax filers paid more than a 35 percent effective tax rate. That's only .0072 percent of tax returns.

As the Center on Budget and Policy Priorities has noted, "a taxpayer's marginal tax rate is the tax rate imposed on his or her last dollar of income." CBPP added: "Taxpayers' average tax rates are lower -- usually much lower -- than their marginal rates.  People who confuse the two can end up thinking that taxes are much higher than they actually are."

Federal income taxes are currently at their lowest rate since the 1950s. Republicans are acting like cry babies over taxes being raised on millionaires from 36 to 39.6%. Talk about false outrage. This is the income bracket that benefits most from infrastructure and a very expensive military/industrial complex. They should be paying rates closer to 42%. In 2008 the average American helped bail these "makers" Producers' champions of capitalism with hundreds of billions of dollars in loans. Now the same arrogant elitists are complaining about doing their part to help rebuild America. Conservative thinking like Bill O'Reilly's is clearly not patriotic American thinking. Bill and his network have an utter contempt for America and its values. You can tell by the endless stream of spin and falsehoods. Indicative of every radical anti-freedom movement in history.

Thursday, November 29, 2012

McCain (R-AZ) and Graham(R-SC) Look Like Anti-American Fools in Unfounded Attacks on Susan Rice Instead of the Terrorists






















McCain (R-AZ) and Graham(R-SC) Look Like Anti-American Fools in Unfounded Attacks on Susan Rice Instead of the Terrorists

The Republican gang-up on Susan Rice is a puzzler. Not only does it make no policy sense to blame the U.N. ambassador for any aspect of the killings at Benghazi, Libya, it makes no political sense either.

So far five GOP senators have objected to the idea of President Obama nominating Rice to be the next secretary of state. Two of those senators—John McCain and Lindsey Graham—are party leaders on foreign policy and frequent visitors to TV news studios. This is what makes the campaign particularly bizarre. Their case against her is not just unusually flimsy and transparently partisan; It also shines a glaring light on their own brazen hypocrisy (something most politicians do all they can to avoid).

First, the facts. The weekend after terrorists attacked the U.S. Consulate in Benghazi, killing four officials including the ambassador to Libya, Susan Rice went on the talk shows to deliver the administration’s position. The official line at the time was that the attack began as a spontaneous protest—similar to the one that sparked violent demonstrations outside U.S. embassies in Egypt and elsewhere—to an American-made anti-Muslim movie that had gone viral on the Internet. As it turned out, and as she explained in a meeting with senators on Tuesday, Rice was only reciting an unclassified “talking points” sheet prepared by the U.S. intelligence community. Acting CIA Director Michael Morrel, who joined Rice at the meeting, affirmed that those talking points were consistent with classified intelligence reports at the time. He also noted that, to the extent that Rice’s authorized comments differed from the top-secret version (for instance, they left out the finding that a jihadist group was involved in the attack), it was for security reasons.

Was this an intelligence foul-up, worthy of a congressional hearing or two? Possibly. Was there a scandalous cover-up? Doubtful. Whatever an investigation turns up, is all this a valid excuse for denying higher office to the ambassador who went on TV and recited the intelligence community’s talking points? Of course not. More than that, the five senators must know it’s absurd, so trumped-up are their rationales for thinking otherwise.

Here’s what McCain said on Fox News, after the meeting with Rice and Morrel:

We knew in hours of all the details when we got bin Laden, they’re making a movie out of it, and [yet] here we are, ten weeks later [i.e., after the Benghazi attack] finally our ambassador to the United Nations, who appeared on every national Sunday show, is now saying that she gave false information concerning how this tragedy happened.

I don’t know if this is, as Talking Points Memo Editor Josh Marshall put it, the “stupidest thing McCain ever said,” but it’s probably one of the three or four most desperate. First, we knew everything about the raid on Bin Laden’s compound so quickly because (this should be really obvious, senator) the commandos who did it, our own Navy SEALs, were there. They streamed it live. By contrast, the details of a firefight at a remote outpost in Libya are more likely than not to be shrouded in confusion and ambiguity, for a while. Second, giving “false information,” which is legal parlance for “lying,” is an over-the-top characterization of what Rice did. Third (and this really should shut the door on the whole business), when McCain picked Sarah Palin as his running mate in the 2008 presidential election, he forever disqualified himself from commenting on any nominee for any high office—and the media should treat any such comments accordingly.

Sen. Graham has made many foolish remarks in this sorry saga as well, but the jaw-dropper is his comparison, also made after Tuesday’s meeting, between Rice and John Bolton, who was President George W. Bush’s controversial (and ultimately rejected) nominee for U.N. ambassador. As Graham summarized the Bolton fight, “Democrats dug in their heels and said, ‘We’re not going to vote, we’re not going to consider this nomination until we get basic answers to our concerns.’ ” His point, presumably, was that he plans to do the same if Obama nominates Rice for secretary of state.

There are several differences between Bolton and Rice. For instance, Bolton had made highly critical statements about the legitimacy of the United Nations—and even of international law. Many Democrats and a few Republicans thought these were inappropriate sentiments for a U.N. ambassador. The Democrats held up Bolton’s nomination, pending the release of documents concerning precisely those sentiments—not some peripheral matter over which the nominee had no say or control.

Sen. Kelly Ayotte (R-N.H.)—who seems to be auditioning for the “third amigo” now that Sen. Joseph Lieberman (I-Conn.) is retiring, leaving McCain and Graham bereft of a traveling companion—says she will try to block the confirmation of any nominee for secretary of state. “My view is we should hold on this until we get sufficient information” on Benghazi, she said. Well, at least she’s honest about her motives.

McCain and Graham both lied to America about WMD and manipulated the nation into a costly and unnecessary war in Iraq. They have no credibility. They have never apologized or retracted their lies. Why they have not been tared and feathered and sent to live in exile is the only real mystery. There have been attacks on U.S. embassies during the Bush 43 and Reagan administrations, many of these same conservative hypocrites did not go looking for someone to scapegoat in those Republican administrations, Conservative Republican Freak Whitewashes Bush's History To Bash Obama Over Embassy Attack

Gun Enthusiast Kills 17-Year-Old for Playing Loud Music; Lawyer Says He Acted "Very Responsibly"

Extending Unemployment Insurance Would Create 300,000 Jobs Next Year

Wednesday, November 21, 2012

Lie and Lie Some More. What I Learned at a Republican Think Tank






Lie and Lie Some More. What I Learned at a Republican Think Tank

The Heritage Foundation in Washington, D.C., has always had a special place in my heart. In the late 1980s, during the presidency of George Herbert Walker Bush, the right-wing think tank provided me with my first job as a young conservative intellectual. My first assignment was to write a policy brief about presidential war powers. I was removed from the project after I wrote a draft that began with the observation that the U.S. constitution divides war powers between Congress and the president, and gives the most important war powers — the power to declare war and to fund it — to Congress. The higher-ups at Heritage reassigned the paper to a Wall Street Journal staffer, who provided them with what they wanted: a brief arguing that the president has absolute, uncontrollable power in foreign affairs.

One of my next assignments was to write a policy paper justifying a forthcoming bill from the late Sen. Jesse Helms, a belligerent reactionary from North Carolina. When I met with the senator’s staff, I was told to wait because Helms wasn’t sure what he was going to put in the bill. After I failed to turn in the policy brief on time, I received an official reprimand from my supervisor, which I treasured until I lost it during a move. The reprimand said, in effect, that at Heritage we write policy papers first and add the facts later.

Things went downhill. I soon left Heritage and, a few years later, the conservative movement altogether. When several colleagues and I founded the New America Foundation in the late 1990s, I held up Heritage as a model of what a genuine think tank ought not to be.

I am amused to report that my former colleagues at the Heritage Foundation have lost none of their willingness to sacrifice truth to propaganda. The Heritage Foundation has published an “Index of Dependence on Government [3]” by William W. Beach and Patrick Tyrrell which seeks to bolster Mitt Romney’s theme that at least 47 percent of Americans are parasitic, government-dependent “takers” rather than “makers” (hat tip to Thomas B. Edsall [4]):

    Today, more people than ever before depend on the federal government for housing, food, income, student aid, or other assistance once considered to be the responsibility of individuals, families, neighborhoods, churches, and other civil society institutions. The United States reached another milestone in 2010: For the first time in history, half the population pays no federal income taxes. It is the conjunction of these two trends — higher spending on dependence-creating programs, and an ever-shrinking number of taxpayers who pay for these programs — that concerns those interested in the fate of the American form of government.

What caught me eye in this latest piece of Heritage agitprop was this sentence: The United States reached a milestone in 2012: For the first time in history, half the population pays no federal income taxes.

This is not just wrong.  It is an error embarrassing enough to shame even a shameless propaganda mill like the Heritage Foundation.

Heritage implies that a majority of Americans paid federal income taxes throughout American history, presumably back to the 1790s. Nothing could be further from the truth. For much of American history, one hundred percent of the population paid no federal income taxes, because there were none. And the federal income tax began to fall on the middle-class masses, not just the upper classes, only in the 1940s.

The first federal income tax in the U.S. was enacted in 1861 to help pay for the Civil War. It was abolished afterward, but recreated in 1894. After the Supreme Court ruled that it was unconstitutional, because it was not “apportioned among the states” the constitution was amended by the 16th Amendment to give Congress the power to levy income taxation.

But until World War II a majority of Americans did not pay any federal income tax, either because they made too little money to be required to file returns, or because exemptions like the standard deduction eliminated any federal income tax liability. According to the conservative Tax Foundation [5], which has a friendlier relationship with facts than does the Heritage Foundation, as recently as 1940 the percentage of those who filed (a group smaller than the working-age population) who owed federal income taxes was 49.4 percent. In that year, Republican presidential candidate Wendell Willkie missed the opportunity to sneer at “the 49 percent.”

It was only during World War II, with the institution of the income tax with-holding system, that a majority of Americans became subject to federal income taxation. If it were accurate, the sentence in the Heritage Foundation’s “Index of Dependence on Government” would read: The United States reached a milestone in 2012:  For the first time since World War II, half the population pays no federal income taxes.

But this in itself undermines the recent right-wing talking point that the country is becoming a nation of moochers living off a dwindling number of heroic Ayn-Randian “job creators.”  That is because, until recently, conservative Republicans were leading the campaign to remove low-income Americans from liability for federal income tax.

President Ronald Reagan and his successors have supported an expansion of the Earned Income Tax Credit (EITC) as an alternative to a higher minimum wage.  A “negative income tax” of the kind favored by conservative economist Milton Friedman, the EITC reduces or eliminates federal income tax liability for many of the working poor.  If their incomes are too low, the tax credit is “refundable,” which means that the IRS sends them checks.

Another refundable tax credit created with the support of conservatives like Newt Gingrich is the child tax credit. Like the EITC, this tax credit reduces federal income tax liability for millions and is refundable for some.

From all of this it follows that if conservatives like the authors of the Heritage Foundation’s Index of Dependence of Government are sincere in their outrage about the growing number of nonpayers of federal income tax, they should praise President Franklin D. Roosevelt for turning the income tax, originally a tax on the economic elite, into a tax on the majority of Americans.  And they should denounce Reagan, Gingrich, the Bushes and others for supporting tax credits that have eliminated millions of low-income Americans from liability for federal income tax payments.

Certainly at this point no American with a few functioning brain cells thinks that Republicans lie all the time is shocking. Mildly shocking is that it is institutionalized into the structure of the conservative movement by one of it's most prominent "think tanks".

The conservatives urban conspiracy theories about Benghazi dies like all such conservative bullsh*t,  Sources: Office of the DNI cut "al Qaeda" reference from Benghazi talking points, and CIA, FBI signed

Wednesday, November 7, 2012

The USA Voted For Real Values and Re-elected President Obama



























The USA Voted For Real Values and Re-elected President Obama

President Obama's re-election was never much in doubt, except perhaps briefly when he took a plunge after the first debate and we didn't know where the bottom was. But by the end of the campaign, Sam Wang of the Princeton Election Consortium was giving Obama a better-than-99% chance of winning. Nate Silver of the New York Times, more cautious, put the odds Tuesday at about 90-10 in favor of Obama.

Those who point to the popular vote as evidence of a very tight contest, as much of the media did before the election, should consider two things: first, that is not the way the game is played here (unfortunately). If the popular vote determined the presidency, the Obama team would have put more resources into big states like California and New York to ensure that Obama would win the popular vote by a wider margin. Instead, the resources went into swing states, in order to ensure a victory in the electoral college vote. ( this was written before some votes were counted: President Obama won the popular vote and the electoral college)

Second, the country is nowhere near as closely divided as the popular vote indicates. That's because non-voters, who were about 43% of the electorate in 2008, favor Obama by a margin of about 2.5 to one.

Indeed, the resources and political power that Republicans mobilized in an effort to deny millions of Americans their right to vote, and to suppress voter turnout, raise serious questions about their legitimacy as a political party. A legitimate political party does not rely on preventing citizens from voting, in order to prevail at the polls, any more than a legitimate government relies on repressing freedom of speech or assembly in order to remain in power.

How did Obama win?

In this election, as in almost every presidential election for decades, the biggest block of swing voters has been white working-class voters (however defined: for example, without college education). No Democratic candidate has won a majority of white voters for decades, since the Republicans adopted their "southern strategy" in the wake of historic civil rights legislation, and became the "white people's party". (In fact, Obama did better among white voters in 2008 than John Kerry did in 2004 – his racial identity was not a handicap because most voters who wouldn't vote for an African American don't vote for Democrats.) But in this contest, Obama had to win enough of the white working-class voters in battleground states to win the election, while winning about 95% of African-American voters and a large majority of Latino voters.

This he did primarily by making a populist appeal to working-class voters, more populist than any major party presidential nominee in decades. In the last debate, which was supposedly about foreign policy, Obama repeatedly referred to Romney as someone who wants to make sure that rich people "don't play by the same set of rules" as everyone else. Throughout the campaign, his team attacked Romney for being a rich, unscrupulous politician who didn't care about working people.

Of course, it helped that Romney fit the stereotype – a rich corporate raider, a private equity fund CEO, who said he "like[s] being able to fire people", and paid less of his income in taxes than millions of working Americans. His infamous secretly-recorded remark dismissing 47% of Americans as moochers – "my job is not to worry about those people" – was a gift from God, and became one of the Obama campaign's most effective TV ads.

But for those who have followed Obama's political career, his re-election was always extremely likely – and indeed, it would hardly have been in jeopardy if he had actually debated in the first debate. We knew that he would be as populist as he needed to be in order to win. Even with 23 million people still unemployed or underemployed (as Romney repeated endlessly), it's not that hard to convince a lot of working-class voters that Romney and his party don't have their interests at heart – if you are willing to make the kind of economic populist appeal that Obama ultimately made.

The downside risk, for a candidate, is the potential loss of rich campaign contributors and media; but Obama was willing to take these risks in order to win. This was a historic difference from previous presidential campaigns: Democratic candidates such as Michael Dukakis and Al Gore flirted briefly with economic populist appeals, but backed off in the face of media pressure.

The media are a huge factor in most elections in the US, and outside of Fox News and the rightwing press, most of the major news outlets were more sympathetic to Obama than to Romney. They still helped Romney quite a bit, however, especially with swing voters, with poor reporting on key economic issues. Most Americans didn't know that the federal stimulus had created an estimated 3m jobs; in fact, they didn't even distinguish the stimulus from the unpopular federal bank bailout. They didn't understand the benefits that people would derive from Obama's healthcare legislation. They didn't know that they'd had their taxes cut under Obama. And millions believed the hype that federal deficit spending and the US public debt were major problems. (For the record, the US currently pays less than 1% of GDP in net interest annually on the federal debt – less than it has paid during the past 60 years.)

The confusion on economic issues was probably the most important influence on swing voters, who supported Romney against their own economic interests, thinking that the economy might improve if he were elected. For this, and other misunderstandings, we can thank the major media, although we should also include the public relations blunders made by the Obama team. Perhaps the biggest strategic error was President Obama's refusal to go after Romney's proposal to cut social security, thereby losing the majority of senior citizens' votes (a big vote in swing states like Virginia and Florida), which he could potentially have won by defending America's most popular anti-poverty program.

Obama's silence on social security is a bad omen for the future of his second administration, when – facing almost immediately the "fiscal cliff" – political, media, and business leaders will be pressing for a "grand bargain" on budget issues that will screw the vast majority of Americans. It will take a lot of grassroots pressure to prevent the worst outcomes: likewise, to get us out of Afghanistan and to prevent another disastrous war, this time with Iran. Obama's foreign policy has been mostly atrocious and the never-ending "war on terror" continues to expand, while most Americans' living standards have been declining.

It's going to be an uphill fight for progress, but it could have been a lot worse.

Like an increasing number of Americans I'm not sure what conservatives like Romney stand for. They chant 'small government" like a mantra, but when you look at the details what they mean is gutting social safety net programs like Medicare and Social Security, doing away with food inspections, gutting safety standards for water so industry can dumb as much toxins as they like ( that is also how conservative Republicans define freedom - just let business give America the shaft in the name of increasing the wealth of people who are already wealthier than 90% of the population). Conservatives deserve to lose every office they were running for. They wave the flag a lot, but have seized to stand for patriotism, and instead stand for hateful unhinged nationalism.

A Letter to Conservatives

Friday, October 12, 2012

Astonishing, Paul Ryan May Be an Even Bigger Liar and Dangerous Wing-Nut Than Mitt Romney





















Astonishing, Paul Ryan May Be an Even Bigger Liar and Dangerous Wing-Nut Than Mitt Romney

Paul Ryan spoke for 40 of the 90 minutes during Thursday night’s vice presidential debate and managed to tell at least 24 myths during that time:

1) “It took the president two weeks to acknowledge that [the Libya attack] was a terrorist attack.” Obama used the word “terrorism” to describe the killing of Americans the very next day at the Rose Garden. “No acts of terror will ever shake the resolve of this great nation, alter that character, or eclipse the light of the values that we stand for,” Obama said in a Rose Garden statement on September 12.

2) “The administration was blocking us every step of the way. Only because we had strong bipartisan support for these tough [Iran] sanctions were we able to overrule their objections and put them in spite of the administration.” Even the Israeli President has effusively praised President Obama’s leadership on getting American and international sanctions on Iran, which have significantly slowed Iran’s progress.

3) “Medicare and Social Security are going bankrupt. These are indisputable facts.” [T]he possibility of Medicare going bankrupt is — and historically has been — greatly exaggerated. In fact, if no changes are made, Medicare would still be able to meet 88 percent of its obligations in 2085. Social Security is fully funded for another two decades and could pay 75 percent of its benefits thereafter. There is also an easy way to ensure the program’s long-term solvency without large changes or cuts to benefits.

4) “The vice president was in charge of overseeing this. $90 billion in green pork to campaign contributors and special interest groups.” Multiple reviews, including an independent review of all Department Of Energy loan programs by Herb Allison –- finance chair for McCain for President 2008 –- have found no “pork” in the stimulus’ funding of green projects, concluding that the loans were not steered to friends or family, as Ryan claims.

5) “Was it a good idea to spend taxpayer dollars on electric cars in Finland, or on windmills in China?” As PolitiFact has pointed out, the money for electric cars in Finland did not come from the stimulus. Rather, it originated with the Energy Department’s Advanced Technology Vehicles Manufacturing program, which predated the Obama administration. The claim about “windmills in China” is also inaccurate.

6) “When they see us putting – when they see us putting daylight between ourselves and our allies in Israel, that gives them encouragement.” The Israeli Deputy Prime Minister and Defense Minister, Ehud Barak, told CNN, “President Obama is doing … more than anything that I can remember in the past [in regard to our security].”

7) “You see, if you reform these programs for my generation, people 54 and below, you can guarantee they don’t change for people in or near retirement.” Here is how the Romney/Ryan Medicare plan will affect current seniors: 1) by repealing Obamacare, the 16 million seniors receiving preventive benefits without deductibles or co-pays and are saving $3.9 billion on prescription drugs will see a cost increase, 2) “premium support” will increase premiums for existing beneficiaries as private insurers lure healthier seniors out of the traditional Medicare program, 3) Romney/Ryan would also lower Medicaid spending significantly beginning next year, shifting federal spending to states and beneficiaries, and increasing costs for the 9 million Medicare recipients who are dependent on Medicaid.

8) “Obamacare takes $716 billion from Medicare to spend on Obamacare.” Ryan is claiming that Obamacare siphons off $716 billion from Medicare, to the detriment of Medicare beneficiaries. In actuality, that money is saved primarily through reducing over-payments to insurance companies under Medicare Advantage, cutting waste fraud and abuse, and eliminating inefficiencies in the system. Ryan’s budget plan keeps those same cuts, but directs them toward tax cuts for the rich and deficit reduction.

9) “And then they put this new Obamacare board in charge of cutting Medicare each and every year in ways that will lead to denied care for current seniors.” The Board, or IPAB is tasked with making binding recommendations to Congress for lowering health care spending, should Medicare costs exceed a target growth rate. Congress can accept the savings proposal or implement its own ideas through a super majority. The panel’s plan will modify payments to providers but it cannot “include any recommendation to ration health care, raise revenues or Medicare beneficiary premiums…increase Medicare beneficiary cost-sharing (including deductibles, coinsurance, and co- payments), or otherwise restrict benefits or modify eligibility criteria” (Section 3403 of the ACA). Relying on health care experts rather than politicians to control health care costs has previously attracted bipartisan support and even Ryan himself proposed two IPAB-like structures in a 2009 health plan.

10) “7.4 million seniors are projected to lose their current Medicare Advantage coverage they have. That’s a $3,200 benefit cut.” Enrollment is actually projected to increase by 11 percent in Medicare Advantage (MA) in 2013. Since the Affordable Care Act was enacted in 2010, Medicare Advantage premiums have decreased an average of 10 percent and enrollment in these plans has increased 28 percent.

11) “This [Medicare premium support] plan that’s bipartisan. It’s a plan I put together with a prominent Democrat senator from Oregon.” Wyden not only voted against Ryan’s budget, he also called the idea that he supported it “nonsense.”

12) “Eight out of 10 businesses, they file their taxes as individuals, not as corporations.” Far less than half of the people affected by the expiration of the upper income tax cuts get any of their income at all from a small businesses. And those people could very well be receiving speaking fees or book royalties, which qualify as “small business income” but don’t have a direct impact on job creation. It’s actually hard to find a small business who think that they will be hurt if the marginal tax rate on income earned above $250,000 per year is increased.

13) “[Unemployment is rising] all around America.” In August, the unemployment rate dropped from a year before in 325 of 372 metro areas surveyed by the U.S. Bureau of Labor Statistics.

14) “The average tax rate on businesses in the industrialized world is 25 percent, and the president wants the top effective tax rate on successful small businesses to go above 40 percent.” The U.S. is raising historically low amounts of revenue from the corporate income tax, and it already has the second lowest effective corporate tax rate in the world. U.S. corporations are taxed less than their foreign rivals, and the U.S. effective corporate tax rate is low compared to other developed economies.

15) “He’ll keep saying this $5 trillion plan, I suppose. It’s been discredited by six other studies.” The studies Ryan cites actually further prove that Romney/Ryan would, in fact, have to raise taxes on the middle class if he were to keep his promise not to lose revenue with his tax rate reduction.

16) “You can – you can cut tax rates by 20 percent and still preserve these important preferences for middle-class taxpayer. It is mathematically possible. It’s been done before. It’s precisely what we’re proposing.” If Romney/Ryan hope to provide tax relief to the middle class, then their $5 trillion tax cut would add to the deficit. There are not enough deductions in the tax code that primarily benefit rich people to make his math work. As the Tax Policy Center concluded, Romney’s plan can’t both exempt middle class families from tax cuts and remain revenue neutral. “He’s promised all these things and he can’t do them all. In order for him to cover the cost of his tax cut without adding to the deficit, he’d have to find a way to raise taxes on middle income people or people making less than $200,000 a year,” the Center found.

17) “So they proposed a $478 billion cut to defense to begin with. Now we have another $500 billion cut to defense that’s lurking on the horizon. They insisted upon that cut being involved in the debt negotiations, and so we have a $1 trillion cut.” Ryan has frequently gotten in hot water for criticizing President Obama for the very same defense cuts that he voted for in 2011.

18) “If these cuts go through, our Navy will be the smallest – the smallest it has been since before World War I.” PolitiFact rated this claim as “Pants on Fire,” noting that “a wide range of experts told us it’s wrong to assume that a decline in the number of ships or aircraft automatically means a weaker military.”

19) “Look at what they’re doing through Obamacare with respect to assaulting the religious liberties of this country. They’re infringing upon our first freedom, the freedom of religion, by infringing on Catholic charities, Catholic churches, Catholic hospitals.” Religious institutions haven’t been forced to “violate their conscience” by paying for contraception. Houses of worship and other religious nonprofits that primarily employ and serve people of the same faith will be exempt from offering birth control.

20) “If you like your health care plan, you can keep it. Try telling that to the 20 million people who are projected to lose their health insurance if Obamacare goes through or the 7-point million – 7.4 million seniors who are going to lose it.” The Affordable Care Act would actually expand health care coverage to 30 million Americans and all seniors will keep their guaranteed Medicare benefits, despite Ryan’s fear mongering. The Congressional Budget Office estimates that very few people will have to enroll in new coverage.

21) “We should not have called Bashar Assad a reformer when he was turning his Russian-provided guns on his own people.” In March 2011, Secretary of State Hillary Rodham Clinton noted that “many of the members of Congress of both parties who have gone to Syria in recent months have said they believe he’s a reformer.” However, she did not endorse their view.

22) “When Barack Obama was elected, they had enough fissile material — nuclear material to make one bomb. Now they have enough for five.” This is misleading and unproven. Iran now has enough fissile material, but has not yet enriched to the necessary level for a weapon. The Institute for Science and International Security says “it would take Iran more than two months to produce that amount if it started with 20%-grade uranium, and ‘several months’ to make enough for a bomb using low-enriched uranium. That would give the world community enough time to detect the operation and organize a response, ISIS noted in June.”

23) “[Iran is] racing toward a nuclear weapon.” Israeli and American intelligence officials aren’t so sure.

24) “We don’t want to do is give our allies reason to trust us less [by announcing a withdrawal timeline for Afghanistan].” It’s unclear how our allies would trust us less since they too agreed to the timeline. As Biden pointed outed, “That’s a bizarre statement. .. Forty-nine of our allies — hear me — 49 of our allies signed on to this position.”

More on the crazy bugged eyed jaw dropping lies that Ryan tried to get away with, If there is a prize for most shameless lies in debate, Paul Ryan won

A Devastating Expose of Mitt Romney's Mistreatment of Mormon Women Emerges
The two most disturbing stories in this excerpt of a new book are of Romney pressuring a woman to have a baby despite a life threatening condition where both doctors, and even the Mormon President of Stake of Massachusetts, recommended an abortion.  In the second example, Romney is alleged to have threatened a divorced single woman with excommunication if she did not relent and give her young son up for adoption to a "proper" LDS familiy, but showed no similar concern for her African American daughter.

Street criminals have it all wrong. Get a college education, wear a white shirt, talk about patriotism and the Bible and you can get away with all kinds of morally reprehensible acts.

Wednesday, October 10, 2012

What is the difference between Mitt Romney's Friend Murray Energy and Fascists? Not Much



























What is the difference between Mitt Romney's Friend Murray Energy and Fascists? Not Much

IT IS BOTH a pundit’s truism and a mathematical reality that Mitt Romney’s path to the White House runs through Ohio. And that path, in turn, runs through a firm called Murray Energy.

Over the years, CEO Robert Murray has brought in GOP pols from as far away as Alaska, California, and Massachusetts for fund-raisers. In 2010, the year John Boehner became House speaker, the firm’s 3,000 employees and their families were his second-biggest source of funds. (AT&T was in first place, but it has nearly 200,000 employees.) This year, Murray is one of the most important GOP players in one of the most important battleground states in the country. In May, he hosted a $1.7 million fund-raiser for Romney. Employees have given the nominee more than $120,000. In August, Romney used Murray’s Century Mine in the town of Beallsville for a speech attacking Barack Obama as anti-coal. This fall, scenes from that event—several dozen coal-smudged Murray miners standing behind the candidate in a tableau framed by a giant American flag and a COAL COUNTRY STANDS WITH MITT placard—have shown up in a Romney ad.

The ads aired even after Ohio papers reported what I was told by several miners at the event, a bit of news that an internal memo confirms: The crowd was not there of its own accord. Murray had suspended Century’s operations and made clear to workers that they were expected to attend, without pay. “I tell ya, you’ve got a great boss,” Romney said in acknowledging Robert Murray from the stage. “He runs a great operation here.”

The accounts of two sources who have worked in managerial positions at the firm, and a review of letters and memos to Murray employees, suggest that coercion may also explain Murray staffers’ financial support for Romney. Murray, it turns out, has for years pressured salaried employees to give to the Murray Energy political action committee (PAC) and to Republican candidates chosen by the company. Internal documents show that company officials track who is and is not giving. The sources say that those who do not give are at risk of being demoted or missing out on bonuses, claims Murray denies.

The Murray sources, who requested anonymity for fear of retribution, came forward separately. But they painted similar pictures of the fund-raising operation. “There’s a lot of coercion,” says one of them. “I just wanted to work, but you feel this constant pressure that, if you don’t contribute, your job’s at stake. You’re compelled to do this whether you want to or not.” Says the second: “They will give you a call if you’re not giving. .?.?. It’s expected you give Mr. Murray what he asks for.”

And what he asks for offers a lesson for 2012: Even in a year of hyperventilation about super PACs, dubious older ways of raising political dollars still matter.



BOB MURRAY, WHO is 72, is a legendary figure in Appalachian coal country. He hails from three generations of miners in southeastern Ohio; his father was paralyzed in a mining accident when Bob was nine. Murray himself has been injured while working below ground. Unlike his forefathers, though, Murray became a suit. He won a scholarship to study mine engineering and eventually rose to chief executive of North American Coal. In the late 1980s, he took out personal loans to start Murray Energy, which has grown to own eight mines in six states. It is the largest privately held coal-mining concern in the country.

Like a lot of mining executives, Murray’s a ferocious critic of federal mining regulations—even after the 2007 collapse at his Crandall Canyon mine in Utah, where nine people died. He also knows how to throw his weight around. In 2001, he sued the Akron Beacon Journal for $1 billion after a critical profile; that same year, he was acquitted of assault charges after allegedly throwing an environmental activist against a wall. In 2002, local media reported that he warned off mine safety inspectors with this line: “Mitch McConnell calls me one of the five finest men in America, and the last I checked, he was sleeping with your boss,” referring to Labor Secretary Elaine Chao, the senator’s wife. (Murray denied the account.) Murray’s fiery streak was on full display after the Crandall Canyon collapse. Wearing his trademark sweater-vest, he angrily insisted to reporters that the collapse had been caused by an earthquake—scientists disagreed—and railed against efforts to curb carbon emissions. At one point, he pulled back his collar to show the scar from his mining accident.

In southeastern Ohio, Murray’s dominance evokes an earlier era. Miners at the Century event told me he treats them well and aspires to know all their names. But the paternalism also features some unmistakable messaging. A huge sign draped outside Murray’s Powhatan No. 6 Mine—the only unionized facility among Murray’s properties—reads: SAVE EASTERN OHIO: FIRE OBAMA. At Century, a lobby notice tells employees where to call to order yard signs with the slogan STOP THE WAR ON COAL: FIRE OBAMA.

The message apparently gets through. Since 2007, employees of Murray Energy and its subsidiaries, along with their families and the Murray PAC, have contributed over $1.4 million to Republican candidates for federal office. Murray’s fund-raisers have feted the likes of Scott Brown, Rand Paul, David Vitter, Carly Fiorina, and Jim DeMint. Home-state pols get love, too. Murray’s PAC and staffers are the sixth-largest source for Ohio senatorial hopeful Josh Mandel. They’ve given $720,000 to candidates for state office in the past decade.

Internal Murray documents show just how upset Murray becomes when employees fail to join the giving. In missives, he cajoles employees to attend fund-raisers and scolds them when they or their subordinates do not. In cases of low participation, reminders from his lieutenants have included tables or spreadsheets showing how each of the eleven Murray subsidiaries was performing. And at least one note came with a list of names of employees who had not yet given. “What is so difficult about asking a well-paid, salaried employee to give us three hours of his/her time every two months?” Murray writes in a March 2012 letter. “We have been insulted by every salaried employee who does not support our efforts.” He concludes: “I do not recall ever seeing the attached list of employees .?.?. at one of our fund-raisers.”

Here’s what stubborn employees missed: The events are typically at Undo’s, an Italian restaurant and banquet hall in St. Clairsville. Dinner is pasta and salad. There’s a cash bar. There’s a receiving line. There are speeches by the visiting beneficiary who generally extols coal. (Employees in Ohio also get invitations to fund-raisers near Murray’s southern Illinois mine; they’re not expected to attend, but are encouraged to send checks.)

The ritual becomes expensive for Murray’s engineers, surveyors, and accountants. “People are very upset about being constantly asked for the checks, because people have lives and families and expenses,” says the first source, a political independent. “They say, ‘This isn’t right. .?.?. I don’t think they’re allowed to do this.’ Most people do it grudgingly.”

Those who decline, the source says, prepare to be questioned. “When they’re pressuring people to write checks, if they haven’t by the deadline, you hear people making excuses—I just had to repair my car, I had an unexpected bill, I just had to pay tuition.”

And yet the tin-cupping continues. “I am asking you to rally all of your salaried employees and have them make their contribution to our event as soon as possible,” Murray writes in a letter to managers ahead of a 2011 fund-raiser for Mississippi Senator Roger Wicker and Tennessee Senator Bob Corker. “Please see that our salaried employees ‘step up,’ for their own sakes and those of their employees.”

A September 2010 letter lamenting insufficient contributions to the company PAC is more pointed. “The response to this letter of appeal has been poor,” Murray writes. “We have only a little over a month left to go in this election fight. If we do not win it, the coal industry will be eliminated and so will your job, if you want to remain in this industry.”

The pressure to give begins as soon as employees enter the company, the Murray sources say. At the time of hiring, supervisors tell employees that they are expected to contribute to the company PAC by automatic payroll deduction—typically 1 percent of their salary, a level confirmed by a 2008 letter to employees from the PAC’s treasurer. (That letter also assures employees that they would not be “disadvantaged” by not giving.) Employees are given a form to sign, explaining that the giving is voluntary. “In the interview .?.?. I was told that I would be expected to make political contributions—that [Murray] just expected that,” says the first source. “But I was told not to worry about it, because my bonuses would more than make up what I would be asked to contribute.”

Later, the sources say, Murray sends letters to employees’ homes asking them to give to specific candidates. The letters feature suggested amounts depending on their salary level—one middle manager was encouraged to give $200 to then–Oregon Senator Gordon Smith—and include forms to fill out and return, with checks, to Murray headquarters. The letters come with great frequency. Before the 2008 election, there were nine fund-raisers in less than three months. Guests included then–New Hampshire Senator John E. Sununu, then–Alaska Senator Ted Stevens, and Oklahoma Senator James Inhofe.

Murray’s exhortations demonstrate more attention to ideology than to Strunk & White. In August 2011, Murray urged employees to attend a $2,500 fundraiser for Rick Perry, “likely to be the Republican Nominee to defeat the destructive Barack Obama.” And for the unconvinced, he attached a “brief, partial listing of the destruction that Barack Obama has reeked.” Murray employees and their households came through, becoming Perry’s second-largest source for funds in the entire country.

After Perry dropped out, Murray switched to Romney. In his April letter for the fund-raiser the next month, he told employees, “America needs business and job creation, not the ruthless destruction that we are seeing from Barack Obama and his Democrats supporters, whom are Hollywood characters, liberal elitists, radical environmentalists, unionists, and Americans who do not want to work.”

CEO Robert Murray has the same twisted view of "freedom" as mid century European fascists. because being a multimillionaire is not enough - he cut corners on safety that got nine miners killed. Murray is in no way, shape or form a patriot. he is a looter, a taker, that lives off the work of labor. Without labor he would just be a greedy bitter old man. The miners could go on without him - maybe open up the first community owned mine - give themselves better wages and working conditions and not treat ordinary working Americans like trash, as Murray surely does. he can do all the phony back slapping pretend to be your friend act he wants, that is just part of the charade of conservatives who think America should be run like a plantation - with the wage slaves down on their knees in gratitude.  Sure Romney loves Murray because they share the same world view.

Can Republicans scare their way to victory?
Make no mistake, this election has become a horse race -- thanks in no small part to the GOP's barrage of lies.

As Romney Repeats Trade Message, Bain Maintains China Ties
Romney is currently running an ad critical of Obama for allowing trade with China - you know what Republicans have been doing since Nixon opened up trade negotiations in the 1970s. Actually presidents do not have the last say over trade deals, Congress does. When is the last time anyone heard a Republican propose a bill to stop trade with them. Such a move would costs people like Romney too much money.

Wednesday, August 29, 2012

Mitt Romney Has More in Common With Old World French Aristocracy Than Patriotic Americans



















Mitt Romney Has More in Common With Old World French Aristocracy Than Patriotic Americans

And this is where we get to the hypocrisy at the heart of Mitt Romney. Everyone knows that he is fantastically rich, having scored great success, the legend goes, as a "turnaround specialist," a shrewd financial operator who revived moribund companies as a high-priced consultant for a storied Wall Street private equity firm. But what most voters don't know is the way Mitt Romney actually made his fortune: by borrowing vast sums of money that other people were forced to pay back. This is the plain, stark reality that has somehow eluded America's top political journalists for two consecutive presidential campaigns: Mitt Romney is one of the greatest and most irresponsible debt creators of all time. In the past few decades, in fact, Romney has piled more debt onto more unsuspecting companies, written more gigantic checks that other people have to cover, than perhaps all but a handful of people on planet Earth.

By making debt the centerpiece of his campaign, Romney was making a calculated bluff of historic dimensions – placing a massive all-in bet on the rank incompetence of the American press corps. The result has been a brilliant comedy: A man makes a $250 million fortune loading up companies with debt and then extracting million-dollar fees from those same companies, in exchange for the generous service of telling them who needs to be fired in order to finance the debt payments he saddled them with in the first place. That same man then runs for president riding an image of children roasting on flames of debt, choosing as his running mate perhaps the only politician in America more pompous and self-righteous on the subject of the evils of borrowed money than the candidate himself. If Romney pulls off this whopper, you'll have to tip your hat to him: No one in history has ever successfully run for president riding this big of a lie. It's almost enough to make you think he really is qualified for the White House.

The unlikeliness of Romney's gambit isn't simply a reflection of his own artlessly unapologetic mindset – it stands as an emblem for the resiliency of the entire sociopathic Wall Street set he represents. Four years ago, the Mitt Romneys of the world nearly destroyed the global economy with their greed, shortsightedness and – most notably – wildly irresponsible use of debt in pursuit of personal profit. The sight was so disgusting that people everywhere were ready to drop an H-bomb on Lower Manhattan and bayonet the survivors. But today that same insane greed ethos, that same belief in the lunatic pursuit of instant borrowed millions – it's dusted itself off, it's had a shave and a shoeshine, and it's back out there running for president.

Mitt Romney, it turns out, is the perfect frontman for Wall Street's greed revolution. He's not a two-bit, shifty-eyed huckster like Lloyd Blankfein. He's not a sighing, eye-rolling, arrogant jerkwad like Jamie Dimon. But Mitt believes the same things those guys believe: He's been right with them on the front lines of the financialization revolution, a decades-long campaign in which the old, simple, let's-make-stuff-and-sell-it manufacturing economy was replaced with a new, highly complex, let's-take-stuff-and-trash-it financial economy. Instead of cars and airplanes, we built swaps, CDOs and other toxic financial products. Instead of building new companies from the ground up, we took out massive bank loans and used them to acquire existing firms, liquidating every asset in sight and leaving the target companies holding the note. The new borrow-and-conquer economy was morally sanctified by an almost religious faith in the grossly euphemistic concept of "creative destruction," and amounted to a total abdication of collective responsibility by America's rich, whose new thing was making assloads of money in ever-shorter campaigns of economic conquest, sending the proceeds offshore, and shrugging as the great towns and factories their parents and grandparents built were shuttered and boarded up, crushed by a true prairie fire of debt.

Mitt Romney – a man whose own father built cars and nurtured communities, and was one of the old-school industrial anachronisms pushed aside by the new generation's wealth grab – has emerged now to sell this make-nothing, take-everything, screw-everyone ethos to the world. He's Gordon Gekko, but a new and improved version, with better PR – and a bigger goal. A takeover artist all his life, Romney is now trying to take over America itself. And if his own history is any guide, we'll all end up paying for the acquisition.

Willard "Mitt" Romney's background in many ways suggests a man who was born to be president – disgustingly rich from birth, raised in prep schools, no early exposure to minorities outside of maids, a powerful daddy to clean up his missteps, and timely exemptions from military service. In Romney's bio there are some eerie early-life similarities to other recent presidential figures. (Is America really ready for another Republican president who was a prep-school cheerleader?) And like other great presidential double-talkers such as Bill Clinton and George W. Bush, Romney has shown particular aptitude in the area of telling multiple factual versions of his own life story.

"I longed in many respects to actually be in Vietnam and be representing our country there," he claimed years after the war. To a different audience, he said, "I was not planning on signing up for the military. It was not my desire to go off and serve in Vietnam."

Like John F. Kennedy and George W. Bush, men whose way into power was smoothed by celebrity fathers but who rebelled against their parental legacy as mature politicians, Mitt Romney's career has been both a tribute to and a repudiation of his famous father. George Romney in the 1950s became CEO of American Motors Corp., made a modest fortune betting on energy efficiency in an age of gas guzzlers and ended up serving as governor of the state of Michigan only two generations removed from the Romney clan's tradition of polygamy. For Mitt, who grew up worshipping his tall, craggily handsome, politically moderate father, life was less rocky: Cranbrook prep school in suburban Detroit, followed by Stanford in the Sixties, a missionary term in which he spent two and a half years trying (as he said) to persuade the French to "give up your wine," and Harvard Business School in the Seventies. Then, faced with making a career choice, Mitt chose an odd one: Already married and a father of two, he left Harvard and eschewed both politics and the law to enter the at-the-time unsexy world of financial consulting.

"When you get out of a place like Harvard, you can do anything – at least in the old days you could," says a prominent corporate lawyer on Wall Street who is familiar with Romney's career. "But he comes out, he not only has a Harvard Business School degree, he's got a national pedigree with his name. He could have done anything – but what does he do? He says, 'I'm going to spend my life loading up distressed companies with debt.'?"

Romney started off at the Boston Consulting Group, where he showed an aptitude for crunching numbers and glad-handing clients. Then, in 1977, he joined a young entrepreneur named Bill Bain at a firm called Bain & Company, where he worked for six years before being handed the reins of a new firm-within-a-firm called Bain Capital.

In Romney's version of the tale, Bain Capital – which evolved into what is today known as a private equity firm – specialized in turning around moribund companies (Romney even wrote a book called Turnaround that complements his other nauseatingly self-complimentary book, No Apology) and helped create the Staples office-supply chain. On the campaign trail, Romney relentlessly trades on his own self-perpetuated reputation as a kind of altruistic rescuer of failing enterprises, never missing an opportunity to use the word "help" or "helped" in his description of what he and Bain did for companies. He might, for instance, describe himself as having been "deeply involved in helping other businesses" or say he "helped create tens of thousands of jobs."

The reality is that toward the middle of his career at Bain, Romney made a fateful strategic decision: He moved away from creating companies like Staples through venture capital schemes, and toward a business model that involved borrowing huge sums of money to take over existing firms, then extracting value from them by force. He decided, as he later put it, that "there's a lot greater risk in a startup than there is in acquiring an existing company." In the Eighties, when Romney made this move, this form of financial piracy became known as a leveraged buyout, and it achieved iconic status thanks to Gordon Gekko in Wall Street. Gekko's business strategy was essentially identical to the Romney–Bain model, only Gekko called himself a "liberator" of companies instead of a "helper."

Here's how Romney would go about "liberating" a company: A private equity firm like Bain typically seeks out floundering businesses with good cash flows. It then puts down a relatively small amount of its own money and runs to a big bank like Goldman Sachs or Citigroup for the rest of the financing. (Most leveraged buyouts are financed with 60 to 90 percent borrowed cash.) The takeover firm then uses that borrowed money to buy a controlling stake in the target company, either with or without its consent. When an LBO is done without the consent of the target, it's called a hostile takeover; such thrilling acts of corporate piracy were made legend in the Eighties, most notably the 1988 attack by notorious corporate raiders Kohlberg Kravis Roberts against RJR Nabisco, a deal memorialized in the book Barbarians at the Gate.

Romney and Bain avoided the hostile approach, preferring to secure the cooperation of their takeover targets by buying off a company's management with lucrative bonuses. Once management is on board, the rest is just math. So if the target company is worth $500 million, Bain might put down $20 million of its own cash, then borrow $350 million from an investment bank to take over a controlling stake.

But here's the catch. When Bain borrows all of that money from the bank, it's the target company that ends up on the hook for all of the debt.

Now your troubled firm – let's say you make tricycles in Alabama – has been taken over by a bunch of slick Wall Street dudes who kicked in as little as five percent as a down payment. So in addition to whatever problems you had before, Tricycle Inc. now owes Goldman or Citigroup $350 million. With all that new debt service to pay, the company's bottom line is suddenly untenable: You almost have to start firing people immediately just to get your costs down to a manageable level.

"That interest," says Lynn Turner, former chief accountant of the Securities and Exchange Commission, "just sucks the profit out of the company."

Fortunately, the geniuses at Bain who now run the place are there to help tell you whom to fire. And for the service it performs cutting your company's costs to help you pay off the massive debt that it, Bain, saddled your company with in the first place, Bain naturally charges a management fee, typically millions of dollars a year. So Tricycle Inc. now has two gigantic new burdens it never had before Bain Capital stepped into the picture: tens of millions in annual debt service, and millions more in "management fees." Since the initial acquisition of Tricycle Inc. was probably greased by promising the company's upper management lucrative bonuses, all that pain inevitably comes out of just one place: the benefits and payroll of the hourly workforce.

Once all that debt is added, one of two things can happen. The company can fire workers and slash benefits to pay off all its new obligations to Goldman Sachs and Bain, leaving it ripe to be resold by Bain at a huge profit. Or it can go bankrupt – this happens after about seven percent of all private equity buyouts – leaving behind one or more shuttered factory towns. Either way, Bain wins. By power-sucking cash value from even the most rapidly dying firms, private equity raiders like Bain almost always get their cash out before a target goes belly up.

This business model wasn't really "helping," of course – and it wasn't new. Fans of mob movies will recognize what's known as the "bust-out," in which a gangster takes over a restaurant or sporting goods store and then monetizes his investment by running up giant debts on the company's credit line. (Think Paulie buying all those cases of Cutty Sark in Goodfellas.) When the note comes due, the mobster simply torches the restaurant and collects the insurance money. Reduced to their most basic level, the leveraged buyouts engineered by Romney followed exactly the same business model. "It's the bust-out," one Wall Street trader says with a laugh. "That's all it is."

Private equity firms aren't necessarily evil by definition. There are many stories of successful turnarounds fueled by private equity, often involving multiple floundering businesses that are rolled into a single entity, eliminating duplicative overhead. Experian, the giant credit-rating tyrant, was acquired by Bain in the Nineties and went on to become an industry leader.

But there's a key difference between private equity firms and the businesses that were America's original industrial cornerstones, like the elder Romney's AMC. Everyone had a stake in the success of those old businesses, which spread prosperity by putting people to work. But even private equity's most enthusiastic adherents have difficulty explaining its benefit to society. Marc Wolpow, a former Bain colleague of Romney's, told reporters during Mitt's first Senate run that Romney erred in trying to sell his business as good for everyone. "I believed he was making a mistake by framing himself as a job creator," said Wolpow. "That was not his or Bain's or the industry's primary objective. The objective of the LBO business is maximizing returns for investors." When it comes to private equity, American workers – not to mention their families and communities – simply don't enter into the equation.

What is the difference between the way Romney and the European aristocracy of the 17th century and earlier. Romney and his followers do not believe in honest rewards for honest goods and services rendered they believe that all the GDP produced by American workers is due them because they are the entitled elite. Sure they'll throw the peasants a a few crumbs, they have to make it look like the system is kind of working and if its not, its your fault. Yet no pain caused to working class Americans is Romney and the elites fault. Funny how that works. 12 Tax-Dodging Corporations Spent $1 Billion To Influence Washington Over The Last Decade

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