Showing posts with label crazy. Show all posts
Showing posts with label crazy. Show all posts

Saturday, August 25, 2012

If Mitt Romney and Paul Ryan had values They Would Stop Their Medicare Lies

If Mitt Romney and Paul Ryan had values They Would Stop Their Medicare Lies

When formulating public policy, evidence should be accorded more weight than ideology, and facts should matter more than shibboleths. The Romney-Ryan plan for Medicare reform depends on assertions that are ideologically consistent. But the Republicans plan is not supported by the evidence and does not survive serious scrutiny.

Perhaps that's why the Romney campaign has been deliberately misrepresenting President Obama's Medicare record.

Mitt Romney characterizes the $716 billion of Medicare savings over the next 10 years, contained in the Affordable Care Act, as President Obama's "raid" on the Medicare program to pay for his health care program. This fear-mongering is simply untrue. These savings result from reforms to slow the growth of Medicare spending per enrollee - there are no cuts in Medicare benefits.

The reforms include both voluntary and mandatory changes in how providers deliver health care to promote better care coordination at lower cost, reward the quality and outcomes of services rather than their volume and reduce fraud and abuse.

For example, the law fosters the creation of accountable-care organizations, i.e., groups of providers willing to accept a flat fee for the integrated care provided to their Medicare patients. Accountable-care organizations represent a major step away from the unsustainable fee-for-service model that rewards the number of procedures rather than the quality of care.

Health experts believe that these organizations will significantly improve care and lower costs not just in Medicare but throughout the health care system. This belief is based on evidence, not ideology.

Medicare beneficiaries will also benefit from reforms that penalize hospitals for preventable re-admissions reflecting complications from previous procedures and that require hospitals to post their rates of medical errors, with penalties for those with the highest rates.

Both Governor Romney and Representative Paul D. Ryan have promised to repeal the Affordable Care Act and with it the reforms behind the $716 billion in Medicare savings (although Mr. Ryan duplicitously counts the savings from these reforms in his deficit-reduction plan). Medicare beneficiaries would be the losers. They would lose the benefits of better care at lower cost. They would lose the plan's expanded Medicare coverage for prevention benefits and prescription drugs, and they would be forced to pay higher premiums and co-pays as a result of faster growth in Medicare costs.

Same on Romney and Ryan for being yet more examples of the moral corruption and anti-Americanism of the Republican party.

Wednesday, August 1, 2012

Anti-American Congressional Republicans Propose Tax Plan That Raises Taxes On 10 Times As Many People As Democratic Proposal



















Anti-American Congressional Republicans Propose Tax Plan That Raises Taxes On 10 Times As Many People As Democratic Proposal

Senate Republicans last week proposed a plan that would raise taxes on more than 20 million Americans, while maintaining the high-end Bush tax cuts. Letting those tax cuts on income in excess of $250,000 expire would affect just two million wealthy taxpayers, by comparison.

Now, House Republicans have adopted the same plan, and the effect is the same: roughly 24 million middle- and lower-class Americans will see their taxes raised so that roughly two million of the richest taxpayers can maintain a tax cut, as this chart from the Center for American Progress’ Seth Hanlon and Sarah Ayres illustrate:

Even worse, more than a third of families with children — a total of 18.6 million households, including 9.2 million single parents — would see a tax increase, according to Hanlon and Ayres’ analysis:

According to the analysis, roughly 11 million American families would lose some or all of the American Opportunity Tax Credit, which provides a tax break on college tuition payments, at an average cost of $1,100 each. About 12 million would lose part or all of the Child Tax Credit, costing them an average of $800, and about 6 million would lose all or part of the Earned Income Tax Credit, which saves each recipient an average of $500.

The Senate GOP plan failed last week, as the Senate instead adopted a Democratic proposal that would extend a tax cut on just the first $250,000 in income.

Yet conservatives are running ads telling small business and middle-class families to beware of Democrats and their tax plan. What they are relying on is that people will just accept what their deceptive ads say and don't do any fact checking.

Per the photo at top, Rep Steve King (R-IA) @SteveKing IA Defends Dog Fighting

Five Things Everyone Should Know About Anti-American Conservative Senate Candidate Ted Cruz
2) Ted Cruz Wants To Gut Social Security: In an interview with the Texas Tribune Cruz labeled Social Security a “ponzi scheme” and outlined a three-step plan to gut this essential program. Cruz would raise the Social Security retirement age, cut future benefits, and implement a George W. Bush-style plan to privatize much of the program. In other words, in addition to forcing them to work longer for fewer benefits, Cruz would place retirees at the mercy of a fickle stock market. Had Social Security been privatized during the career of a worker who retired near the end of the Bush Administration, that worker would have retired with less money in their privatized account than they would have if they’d simply kept their money between their mattress and box spring.

Thursday, July 12, 2012

Washington Post reporter Glenn Kessler and factcheck.org Are Wrong. Romney Lied About His Tenure at Bain




Portrait of evil - Florida Criminal Gov Rick Scott


















Washington Post reporter Glenn Kessler and factcheck.org Are Wrong. Romney Lied About His Tenure at Bain

After weeks and weeks of being pummeled by the Obama campaign for his business record, Mitt Romney is finally releasing response ads today. The response is that Obama is lying. ("How can we trust him to lead?" etc.) The ad cites articles by media “fact-checkers”: Washington Post reporter Glenn Kessler and factcheck.org.

In an incredibly inconvenient piece of timing, the Boston Globe today also reports that Romney has been lying about when he left Bain Capital. This is utterly crucial. Both the fact-checking columns base their conclusions on Romney’s claim that he left Bain in 1999. Obama’s ads are misleading, both say, because they hold Romney accountable for things Bain did after 1999. The revelation that Romney was actively managing Bain renders both those judgments moot.

Here is the core of the Globe’s finding:

    Romney has said he left Bain in 1999 to lead the winter Olympics in Salt Lake City, ending his role in the company. But public Securities and Exchange Commission documents filed later by Bain Capital state he remained the firm’s “sole stockholder, chairman of the board, chief executive officer, and president.”

    Also, a Massachusetts financial disclosure form Romney filed in 2003 states that he still owned 100 percent of Bain Capital in 2002. And Romney’s state financial disclosure forms indicate he earned at least $100,000 as a Bain “executive” in 2001 and 2002, separate from investment earnings.
Romney has sworn he is telling the truth. Documents that he filed and signed prove he is lying. The issue now moves forward as something symptomatic of Romney's mental state and/or his moral sensibilities. Even without these revelations Romney has no real qualifications to be president. Now it seems that he lacks the moral integrity that was supposed to be one of his great character traits.

Proof that the Right is FREAKING OUT over "Swiss Bank Account" attacks [UPDATED]. When Mitt Romney is not telling insulting lies to the American public, he has plenty of mindless fake patriots do it for him.

The American Jobs Act and Who is Working to Sabotage The Recovery

The Tea Party Caucus waged an all-out propaganda campaign against the AJA, decrying it as more stimulus and an example of big government. House Republicans obstructed the Jobs Act, refusing to allow it even to come to a vote. Senate Republicans used the much-abused filibuster to defeat it. But polls continued to favor the president, and as a result, Obama was able to force Boehner & Co. to pass a one-third cut in employees' payroll taxes and an extension of unemployment benefits.

And herein lies the rub: The GOP is touting a flailing economy, saying that Obama's policies are the cause of the malaise -- but it is Republicans who have deliberately orchestrated these outcomes by refusing to pass a signature, jobs-focused piece of legislation.

What is worse is that their destructive tactics disproportionately fall on the backs of African Americans, Hispanics, low-income earners and the poor. The GOP does not care -- since it calculates that disheartened citizens will be less motivated to go to the polls come November. And with new voter-id laws in place, the black and brown vote will be subject to a perfect storm of suppression that spells a win for Romney.

Republicans are betting on a premise that white working-class voters will become so frustrated with the economic slowdown that they will vote against the first African-American president and instead elect a rich white guy and private-equity magnate -- who notoriously destroyed companies while profiting enormously.

Fox News Inflates Impact Of Bush Tax Cuts. This story is related to the charts above. If tax cuts created jobs we should have more job opening than there are unemployed, but we do not. Tax cuts just put more money in the pockets of the wealthy. How many $75,000 cars do these wealthy slackers need? Not enough to keep the economy going for the middle-class.

Tuesday, July 10, 2012

Known Criminal and Governor of Florida Rick Scott(R) Tries To Hide Disease Outbreak in The Name of Austerity




















Known Criminal and Governor of Florida Rick Scott(R) Tries To Hide Disease Outbreak in The Name of Austerity

On March 26 this year, Florida’s Republican Gov. Rick Scott signed a bill that slashed the state Department of Health’s budget and closed a state hospital where bad cases of tuberculosis were treated. Nine days later, the federal Center for Disease Control (CDC) detailed in a report that Florida was experiencing its worst TB outbreak in 20 years in Jacksonville. Since then, the governor’s office has either ignored or suppressed news of the outbreak, and it rushed ahead with plans to close the TB hospital as local officials kept information about the outbreak from the public. This, all according to an excellent investigation by the Palm Beach Post’s Stacey Singer, who was stymied by state officials at every turn when she tried to learn more about the outbreak and about why the state hadn’t responded to it in a concerted way.

While the CDC report came out after Scott had signed the law, the strain of TB responsible for the outbreak had been identified as early as 2008, and the report only existed because local officials in Duval County requested federal help in dealing with the overwhelming uptick in new TB cases. Meanwhile, the Duval Health Department is also a victim of budget cuts. In 2008, when the TB outbreak was first identified in an assisted living facility for people with schizophrenia, the department had 946 staffers and $61 million in revenue. “Now we’re down to 700 staff and revenue is down to $46 million,” Director Dr. Bob Harmon told the Post.

The fact that the outbreak began where it did and that it has so far spread mostly among homeless people, mental health patients and drug addicts who encounter each other in soup kitchens and shelters may have made the issue seem less urgent to state officials. Setting aside the dignity of all human life, there is already evidence that the disease has spread beyond the underclass and is continuing to grow, unmonitored, in the Sunshine state. The governor’s office did not comment for Singer’s story, and the state health department has stuck to its message that statewide TB cases are down over last year, suggesting the closure of the hospital was valid. (The hospital closed at the end of June.)

The case underscores the real human consequences of austerity budgeting and conservatives’ drive to slash government whenever possible. Since austerity came into vogue with the Tea Party beginning in 2009 and was then put in place nationally after the Republican wave in 2010, there have been countless examples where cuts or attempted cuts impact preparedness. After the the Japanese tsunami, it was noted that Republican budget cuts targeted the agency responsible for tsunami warnings. The same was true about earthquake monitoring after a temblor struck the eastern seaboard (though funding was restored). House Majority Leader Eric Cantor also tried to hold up disaster funding for tornado and earthquake cleanup, demanding it be offset with cuts elsewhere. Republicans’ proposed budget last year would have cut funds for the CDC and food safety monitoring. Meanwhile, Louisiana Gov. Bobby Jindal spoiled his big national debut in 2009 when he gave the GOP rebuttal to President Obama’s first state of the union address in which he attacked supposedly wasteful spending on volcano monitoring in Alaska. Just a month and a half later, a volcano erupted in Alaska that threatened Anchorage.

Scott is another corporate vulture capitalist who has a history of stealing from the public, undermining Constitutional rights, invading citizen's privacy, bring back Jim-Crow-Lite laws, lying to the public, undermining public safety and perverting democracy. Did Florida conservative Republicans punish Scott for his anti-American criminal history. No. They rewarded him with a governorship. Conservative Republicans hide their radical anti-American agenda behind the flag and god. No matter how they try to disguise it, radical UnAmerican policies like what they are.

Mitt Romney's offshore volcano lair

Elizabeth Warren on what Republicans are trying to repeal

Saturday, June 30, 2012

What Americans Would Have Lost If The Supreme Court Had Ruled Against Health Care Reform (ObamaCare)



















What Americans Would Have Lost If The Supreme Court Had Ruled Against Health Care Reform (ObamaCare)

1) Access to health insurance for 30 million Americans and lower premiums. More than 30 million uninsured Americans will find coverage under the law. Middle-class families who buy health care coverage through the exchanges will be eligible for refundable and advanceable premium credits and cost-sharing subsidies to ensure that the coverage they have is affordable.

    2) The ability of businesses and individuals to purchase comprehensive coverage from a regulated marketplace. The law creates new marketplaces for individuals and small businesses to compare and purchase comprehensive coverage. Insurers will have to meet quality measures to ensure that Americans can access comprehensive coverage when they need it.

    3) Insurers’ inability to discriminate against people with pre-existing conditions. Beginning in 2014, insurers can no longer deny insurance to families or individuals with pre-existing conditions. Insurers are also prohibited from placing lifetime limits on the dollar value of coverage and rescinding insurers except in cases of fraud. Insurers are already prohibited from discriminating against children with pre-existing conditions.

    4) Tax credits for small businesses that offer insurance. Small employers that purchase health insurance for employees are already receiving tax credits to encourage them to continue providing coverage.

    5) Assistance for businesses that provide health benefits to early retirees.The law created a temporary reinsurance program for employers providing health insurance coverage to retirees over age 55 who are not eligible for Medicare, reimbursing employers or insurers for 80% of retiree claims. The program has offered at least $4.73 billion in reinsurance payments to more than 2,800 employers and other sponsors of retiree plans, with an average cumulative reimbursement per plan sponsor of approximately $189,700.

    6) Affordable health care for lower-income Americans. Obamacare extends Medicaid to individuals with incomes up to 138% of the federal poverty line, guaranteeing that the nation’ most vulnerable population has access to affordable, comprehensive coverage.

    7) Investments in women’s health. Obamacare prohibits insurers from charging women substantially more than men and requires insurers to offer preventive services — including contraception — at no additional cost.

    8) Young adults’ ability to stay on their parents’ health care plans. More than 3.1 million young people have already benefited from dependent coverage, which allows children up to age 26 to remain insured on their parents’ plans.

    9) Discounts for seniors on brand-name drugs. Pharmaceutical manufacturers are required to provide a 50% discount on prescriptions filled in the Medicare Part D coverage gap. Seniors have already saved $3.5 billion on prescription drug costs thanks to the Affordable Care Act provision.

    10) Temporary coverage for the sickest Americans. The law established temporary national high-risk pools that are providing health coverage to individuals with pre-existing medical conditions who cannot find insurance on the individual market. In 2014, they will be able to enroll in insurance through the exchanges. 67,482 individuals have already benefited from the program.

One of the crazy aspects to the opposition to the Affordable Care Act (Obamacare) is that it was based on a conservative Republican plan from the conservative think tank the Heritage Foundation and was implemented in Massachusetts by Mitt Romney. According to polls the only reason that the wacky right-wing conservatives do not like health care reform is because it has Obama's name on it. One could say shame on conservatives for their petty spitefulness, but you have to have a moral conscience to fell shame.

Mitt Romney outsourced jobs when he was at Bain. At which according to him he was a job creator. If by that he means he created jobs in Asia, he's right. Serial liar and king of conservatism and drug addict Rush Limbaugh Fabricates Wash. Post Fact Check To Cast Doubt On Romney's Outsourcing. Honor is apparently not a Republican value.


Traitors among us, Mississippi Republican Tea Party Chairman Calls For Open Rebellion Against Federal Government After Obamacare Ruling



Tuesday, June 26, 2012

Based on The Number of Shameless Lies, Mitt Romney May Be The Most Immoral Presidential Candidate In Modern History




Based on The Number of Shameless Lies, Mitt Romney May Be The Most Immoral Presidential Candidate In Modern History

Not everything Mitt Romney says is on the level.

For those who are watching the 2012 presidential race closely, Mitt Romney's penchant for falsehoods is hard to miss. Michael Cohen summarized the issue nicely this week in a piece for The Guardian:

    Granted, presidential candidates are no strangers to disingenuous or overstated claims; it's pretty much endemic to the business. But Romney is doing something very different and far more pernicious. Quite simply, the United States has never been witness to a presidential candidate, in modern American history, who lies as frequently, as flagrantly and as brazenly as Mitt Romney.

    Now, in general, those of us in the pundit class are really not supposed to accuse politicians of lying -- they mislead, they embellish, they mischaracterize, etc. Indeed, there is natural tendency for nominally objective reporters, in particular, to stay away from loaded terms such as lying. Which is precisely why Romney's repeated lies are so effective. In fact, lying is really the only appropriate word to use here, because, well, Romney lies a lot.

If there are any lingering doubts about the accuracy of this observation, consider the 23rd installment of my weekly series, chronicling Mitt's mendacity. (I've been at this for several months now, and this week's list is the longest to date.)

1. In an interview with Fox News' Sean Hannity, Romney claimed it's fiscally responsible to eliminate the entirety of the Affordable Care Act: "It saves $100 billion a year to get rid of it."

That's the opposite of the truth. According to the CBO and other nonpartisan budget estimates, killing the law would make the deficit go up, not down, and would cost, not save, the country hundreds of billions of dollars in the coming years.

2. In the same interview, Romney said, "I think a lot of people forgetting is there is only one president in history that's cut Medicare by $500 billion and that is President Obama."

Romney says this a lot. He's not telling the truth.

3. Romney also said, "I see people holding up signs, 'Don't touch my Medicare.' It's like, hey, I'm not touching your Medicare."

Romney endorsed Paul Ryan's House Republican Budget plan, which ends the Medicare program and replaces it with a private voucher scheme.

4. In the same interview, Romney said President Obama has "never had the experience of working in the private sector."

Actually, that's not true. Obama worked at a private-sector law firm before entering public service.

5. Romney also told Hannity Obama went on "an apology tour" in his first year.

As Romney surely knows by now, he's lying.

6. Romney, trying to talk about foreign policy, said Syria is Iran's "route to the sea."

Iran doesn't share a border with Syria, and Iran already borders two bodies of water.

7. At a campaign event in Stratham, New Hampshire, Romney claimed, "Bill Clinton and so many other mainstream Democrats are revolting against the backward direction President Obama is taking his party and our country."

In reality, Bill Clinton supports the president's re-election and recently said a Romney presidency would be "calamitous for our country and the world."

8. At an event in Cornwall, Pennsylvania, shared an anecdote about a local optometrist who was forced to fill out a "33-page" change-of-address form -- several times -- at the post office.

There is no such change-of-address form.

9. At the same event, Romney said Obama is "taking away" scholarships and charter schools for "kids in Washington, D.C."

This has become a line in Romney's stump speech, but it isn't in any way true.

10. Romney also claimed, "This president has put together almost as much public debt as all the prior presidents combined."

That's a lie.

11. Romney went on to say, "It's immoral in my view for my generation to pass on to these kids the burden of our generation. I think it's wrong. It's got to stop. And if I'm president of the United States I will get us on track to have a balanced budget."

That's plainly false. Romney says his plan "can't be scored," but independent budget analysts have found his agenda would make the deficit bigger, not smaller, and add trillions to the national debt.

12. At a campaign stop in Weatherly, Pennsylvania, Romney said the president's "trillion- dollar stimulus" failed to "create jobs."

That's the opposite of the truth.

13. At the same event, Romney said about Obama, "He was told that one small business was having a hard time dealing with Obamacare. He said he hadn't heard that."

That's not what happened. In fact, the small business wasn't having a hard time dealing with Obamacare, and was hurt by policies Romney wants to pursue.

14. Romney went on say, "I was in Las Vegas and met a woman who was worried. She has a business renting furniture to casinos and to conventioners that come to Las Vegas. And when the president said, don't bother coming to Las Vegas for your company meetings a few years ago, her business dove."

Obama actually said, in reference to Wall Street recklessness, "You are not going to be able to give out these big bonuses until you pay taxpayers back. You can't get corporate jets. You can't go take a trip to Las Vegas or go down to the Super Bowl on the taxpayers' dime. There's got to be some accountability and some responsibility." To blame the failure of some random business in Nevada on this is ridiculous.

15. Romney added, "If we stay on the road we're on, we're going to become like Europe.... I don't believe Europe works in Europe. I don't want it here."

The irony is, Europe is trying to grow through austerity, just as Romney intends to do here. He's lying in a self-refuting sort of way.

16. In his "Face the Nation" interview, Romney said of Obama's new immigration policy, "If he really wanted to make a solution that dealt with these kids or with the illegal immigration in America, then this is something he would have taken up in his first three and a half years, not in his last few months."

That's remarkably misleading. Obama has pushed for the DREAM Act for years, and would have signed it into law in 2010 had it not been blocked by a Republican filibuster.

17. In the same interview, Romney said about health care, "I will continue to describe the plan that I would provide, which is, number one, to make sure that people don't have to worry about losing their insurance if they have a preexisting condition, and change jobs."

This is the kind of answer that's clearly intended to deceive. Under Romney's approach, millions of people with pre-existing conditions would be denied coverage -- and occasionally his campaign even admits it.

18. Also on health care, Romney said the president "jammed through a bill" and "didn't really try and work for a Republican vote."

This is laughably untrue. Obama worked for months to find someone -- anyone -- in the Republican Party who would work with him in good faith, including delaying progress while the "Gang of Six" engaged in pointless talks.

19. Romney also said, "I'm not looking for a tax cut for the very wealthiest."

Either Romney hasn't read his own tax plan, or he's lying.

20. Appearing via video at the "Faith and Freedom Coalition" annual event, Romney applauded the far-right group's leader: "Ralph Reed has been a real champion in fighting for the fundamental values that have made America the nation that it is."

You've got to be kidding me.

21. In the same speech, Romney said, "When you put in place a bill like Obamacare, you attack the freedom of people to make a choice about their own insurance and what kind of coverage they want to have."

That's not true. Under the Affordable Care Act, consumers would choose from competing plans as part of a health care exchange. Romney knows this -- it was part of his own plan.

22. Romney went on to say, "[M]edian income in this nation has dropped by 10 percent over the last four years."

That only makes sense if we count Obama's first year in office, which relies on a standard Romney believes is fundamentally unfair.

23. He also argued, "Government at all levels is about 37 percent of the economy today -- 37 percent. And if Obamacare were allowed to stand, government would control about half of the economy of America."

That's demonstrably ridiculous.

24. At the same event, Romney said that Obama "insists" that "Israel return to the '67 borders -- indefensible borders."

He's lying.

25. At a campaign event in Brunswick, Ohio, Romney claimed that Obama said "if you let him borrow all that money, he'd keep unemployment below 8 percent."

As Romney surely knows by now, that's simply not true.

26. At the same event, Romney said under Obamacare, we'll get "a healthcare system run by the government."

There is no universe in which this is true.

27. At a campaign event in Janesville, Wisconsin, Romney argued, "[T]he path we're on, spending $1 trillion more every year than we take in, is leading us to Greece."

That's painfully untrue.

28. At a campaign event in Holland, Michigan, Romney claimed that, as a result of the Dodd-Frank reforms, "small banks and community banks are finding it harder and harder to make loans to small businesses."

According to community banks, this is false. These banks have actually gotten stronger after Dodd-Frank, and the president of Independent Community Bankers Of America recently said, "I am sick of Wall Street using community banks as their shills to scare community bankers into stampeding Congress into undoing provisions of law that finally attempt to deal with too big to fail and Wall Street overreach."

29. In a speech to the National Association of Latino Elected and Appointed Officials yesterday, Romney argued that President Obama "has not completed a single new trade agreement with Latin America."

Romney does realize that Panama is part of Latin America, right?

30. Romney went on to argue, "Unfortunately, despite his promises, President Obama has failed to address immigration reform."

Actually, Obama has addressed it quite a bit, taking executive action where the law allows, and pushing Congress to pursue comprehensive reform based on a bipartisan plan he presented last year.

Mitt Romney should not be allowed near the White House, he should be in a psychiatric hospital under medication and having regular therapy sessions. The other possibility is that Romney is as venal and malicious as a person can be. And because he is so wealthy he can get away with being radical, anti-middle-class, anti-American worker agenda; he is a crony capitalist who believes in government by and for the elite.

















Sunday, June 24, 2012

One Thing Mitt Romney and Republicans Need to Learn; Morality is a Value





One Thing Mitt Romney and Republicans Need to Learn; Morality is a Value

The Washington Post has a blockbuster, must-read story today detailing how Mitt Romney and Bain Capital were “pioneers in the practice of shipping work from the United States” to countries like India, China, and elsewhere.

ThinkProgress’ Pat Garofalo gets to the heart of it:

    Bain “invested in a series of firms that specialized in relocating jobs done by American workers to new facilities in low-wage countries like China and India.”

    In one example, Bain was the largest shareholder in a company called Modus Media, which “specialized in helping companies outsource their manufacturing“:

        Modus Media told the SEC it was performing outsource packaging and hardware assembly for IBM, Sun Microsystems, Hewlett-Packard Co. and Dell Computer Corp. The filing disclosed that Modus had operations on four continents, including Asian facilities in Singapore, Taiwan, China and South Korea, and European facilities in Ireland and France, and a center in Australia.[...]

        According to a news release issued by Modus Media in 1997, its expansion of outsourcing services took place in close consultation with Bain. Terry Leahy, Modus’s chairman and chief executive, was quoted in the release as saying he would be “working closely with Bain on strategic expansion.”.

    Other companies that Bain invested in sent jobs all over the world, including to Ireland and Mexico, while Romney has tried to claim that Bain was all about creating jobs and turning around American companies that otherwise would have gone under.

    As one of Romney’s former partners put it,”I never thought of what I do for a living as job creation…The primary goal of private equity is to create wealth for your investors.” And that’s what Bain did, even if it meant helping companies move operations to the same country Romney now blasts for stealing American jobs.

While the Romney campaign declined to comment for the article, they offered a laughable response today: outsourcing is different than offshoring. In other words, they didn’t dispute one iota of the substance of the story, but instead wanted to split hairs over semantics.

WHY IT MATTERS: While it’s troubling that Mitt Romney amassed a quarter-billion dollar fortune by bankrupting companies, laying off workers, and sending jobs overseas, where his policies would take America is of even greater concern.

Not only did Romney personally profit from the outsourcing and offshoring of American jobs, he has signed a pledge to a Washington lobbyist to protect tax breaks for companies who ship American jobs overseas. Mitt Romney also wants to encourage companies to dodge taxes by simply getting rid of taxes on foreign profits altogether. And he has also eagerly embraced the House Republican budget plan that also protects tax breaks for companies that ship jobs overseas and also abolishes corporate taxes on foreign profits — many of which are “foreign” only because of accounting tricks and other gimmicks.

By contrast, President Obama wants to end tax breaks for companies that ship jobs overseas and instead use the money to reward companies who bring jobs back to America. The president also wants to make sure that companies pay their fair share by instituting a global minimum tax to make sure they don’t use tricks and gimmicks to avoid paying what they owe.
Evening Brief: Important Stories That You May Have Missed

A Romney campaign co-chair said that Romney would “rescind” the president’s new immigration policy if he’s elected.

The Montana Republican Party bankrolled an ad attacking the Republican budget because it hurts Medicare.

Why the revelations about Romney’s career as an outsourcer really matter.

Romney has been good at reaping profits for the millionaire elite who invested with Bain. If that is the end all of what constitutes values and love of country, than Mitt is your man. If making a living is a value than Mitt is working against you - and that means most Americans. he even sheltered some of his money is an offshore bank account when taxes in the USA are at their lowest since the 1950s. That is hardly the way a true patriot acts. 

New video shows Scott Brown(R-MA) spoke of meeting with ‘kings and queens’ five times. Brown denies he has said he has meet with kings and queens even though the video is clear. Perhaps brown would be better off and certainly the American people would be better off if this he retired to a sanitarium.

This is what happens when you give a moronic Anti-American lunatic a cable show, Bill O'Reilly Tries To Grasp Complex Argument From Melissa Harris-Perry, Fails