Showing posts tagged plutocracy.
x

Under the Mountain Bunker

Leave me a message   Location: Colorado. More info here.



» Website

twitter.com/charyl:

    Like Mitt Romney, the world’s super rich are hiding at least $21 trillion offshore →

    CBS News“With about 55,000 inhabitants, the Cayman Islands should not be a well-known name in the rest of the world, but the tiny Caribbean territory has become famous as a tax haven for the world’s super rich. According to a new report, the Caymans – along with the other dozen or so international havens for wealth like Switzerland and Bermuda – are the holders of so much of the world’s capital, entire regional economies could be moved on it. The Tax Justice Network has just released a report estimating that the world’s tax havens house anywhere from $21 trillion to $32 trillion of money that governments cannot tax.” 

    It has been revealed that Mitt Romney keeps part of his fortune in all three tax havens mentioned above: the CaymansSwitzerland, and Bermuda. And he wants to be president.

    — 1 year ago with 2 notes
    #1. tax cuts for the rich  #2. austerity for the rest of us  #class war  #income redistribution  #Mitt Romney  #news  #politics  #Republican Party  #Tea Party  #unemployment  #vote!  #war on the middle class  #bermuda  #caymans  #hiding money  #international tax havens  #not like us  #one percent  #plutocracy  #Switzerland  #tax free money  #tax havens  #the world's wealthy 
    More undisclosed offshore money: Romney’s even wealthier than previously reported →

    You don’t get to know how much Mitt Romney is worth — or where he keeps his money. Via Political Wire: “Mitt Romney’s investment portfolio “has included an offshore company that remained invisible to voters as his political star rose,” the AP reports.”

    Based in Bermuda, Sankaty High Yield Asset Investors Ltd. was not listed on any of Romney’s state or federal financial reports. The company is among several Romney holdings that have not been fully disclosed, including one that recently posted a $1.9 million earning — suggesting he could be wealthier than the nearly $250 million estimated by his campaign.”

    “The omissions were permitted by state and federal authorities overseeing Romney’s ethics filings… But Romney’s limited disclosures deprive the public of an accurate depiction of his wealth and a clear understanding of how his assets are handled and taxed.”

    original image via: christopherstreet

    This is how the wealthiest become even wealthier: earn money in America, offshore it to other countries to avoid taxes. THAT’S HOW AMERICA WORKS!

    Investigation: Mitt Romney’s Offshore Accounts, Tax Loopholes, and Mysterious I.R.A. | Vanity Fair“For all Mitt Romney’s touting of his business record, when it comes to his own money the Republican nominee is remarkably shy about disclosing numbers and investments. Nicholas Shaxson delves into the murky world of offshore finance, revealing loopholes that allow the very wealthy to skirt tax laws, and investigating just how much of Romney’s fortune (with $30 million in Bain Capital funds in the Cayman Islands alone?) looks pretty strange for a presidential candidate.”

    — 1 year ago with 5 notes
    #class war  #income redistribution  #journalism  #news  #politics  #unemployment  #vote!  #war on the middle class  #bain capital  #bermuda  #even richer  #GOP  #king of bain  #LOL  #offshore money  #plutocracy  #Republicans  #sankaty high yield asset investors  #tax avoidance  #the unwashed don't need to know  #undisclosed accounts 
    What now, Teagelicals? Mitt Romney invested in a medical-waste firm that disposed of aborted fetuses
Mother Jones reports this morning that while investigating government documents, such as SEC filings, they’ve discovered that not only did Romney have a direct hand with the company Stericycle, but that he did not leave Bain Capital in 1999 as both the campaign and Bain constantly assert:
“Earlier this year, Mitt Romney nearly landed in a politically perilous controversy when theHuffington Post reported that in 1999 the GOP presidential candidate had been part of an investment group that invested $75 million in Stericycle, a medical-waste disposal firm that has been attacked by anti-abortion groups for disposing aborted fetuses collected from family planning clinics. Coming during the heat of the GOP primaries, as Romney tried to sell South Carolina Republicans on his pro-life bona fides, the revelation had the potential to damage the candidate’s reputation among values voters already suspicious of his shifting position on abortion.
“But Bain Capital, the private equity firm Romney founded, tamped down the controversy. The company said Romney left the firm in February 1999 to run the troubled 2002 Winter Olympics in Salt Lake City and likely had nothing to with the deal. The matter never became a campaign issue. But documents filed by Bain and Stericycle with the Securities and Exchange Commission—and obtained by Mother Jones—list Romney as an active participant in the investment. And this deal helped Stericycle, a company with a poor safety record, grow, while yielding tens of millions of dollars in profits for Romney and his partners. The documents—one of which was signed by Romney—also contradict the official account of Romney’s exit from Bain.”
This is a BFD for values voters (you’d think, they claim!) — but they shouldn’t be surprised when pure, vulture capitalism is what they choose to support: if you can make a profit on something — outsourcing American jobs to China, offshoring your American money into foreign bank accounts to avoid taxes, or disposal of aborted fetuses, that’s the way America works. Capitalism! Profit! Romney is a savvy businessman! Job creators!
If it turns out that this isn’t going to be a problem for the Christian fundamentalists, let’s not hear another word about a woman’s LEGAL freedom of choice. Read the rest… 
(Photo above: found image of ‘Stericycle’ in a Google image search.) 

    What now, Teagelicals? Mitt Romney invested in a medical-waste firm that disposed of aborted fetuses

    Mother Jones reports this morning that while investigating government documents, such as SEC filings, they’ve discovered that not only did Romney have a direct hand with the company Stericycle, but that he did not leave Bain Capital in 1999 as both the campaign and Bain constantly assert:

    “Earlier this year, Mitt Romney nearly landed in a politically perilous controversy when theHuffington Post reported that in 1999 the GOP presidential candidate had been part of an investment group that invested $75 million in Stericycle, a medical-waste disposal firm that has been attacked by anti-abortion groups for disposing aborted fetuses collected from family planning clinics. Coming during the heat of the GOP primaries, as Romney tried to sell South Carolina Republicans on his pro-life bona fides, the revelation had the potential to damage the candidate’s reputation among values voters already suspicious of his shifting position on abortion.

    “But Bain Capital, the private equity firm Romney founded, tamped down the controversy. The company said Romney left the firm in February 1999 to run the troubled 2002 Winter Olympics in Salt Lake City and likely had nothing to with the deal. The matter never became a campaign issue. But documents filed by Bain and Stericycle with the Securities and Exchange Commission—and obtained by Mother Jones—list Romney as an active participant in the investment. And this deal helped Stericycle, a company with a poor safety record, grow, while yielding tens of millions of dollars in profits for Romney and his partners. The documents—one of which was signed by Romney—also contradict the official account of Romney’s exit from Bain.”

    This is a BFD for values voters (you’d think, they claim!) — but they shouldn’t be surprised when pure, vulture capitalism is what they choose to support: if you can make a profit on something — outsourcing American jobs to China, offshoring your American money into foreign bank accounts to avoid taxes, or disposal of aborted fetuses, that’s the way America works. Capitalism! Profit! Romney is a savvy businessman! Job creators!

    If it turns out that this isn’t going to be a problem for the Christian fundamentalists, let’s not hear another word about a woman’s LEGAL freedom of choice. Read the rest… 

    (Photo above: found image of ‘Stericycle’ in a Google image search.) 

    — 1 year ago
    #journalism  #media  #news  #politics  #religion  #vote!  #aborted fetuses  #abortions  #anti choice  #bain capital  #evangelicals  #everything is for sale  #fundamentalists  #LOL  #medical waste  #Mitt Romney  #plutocracy  #profit above all  #stericycle  #teagelicals  #that's the way america works  #values voters  #vulture capitalism 
    Mitt Romney: A person should “get as much education as they can afford” →

    “I want to make sure that we keep America a place of opportunity, where everyone has a fair shot. They get as much education as they can afford…” —Mitt Romney on Wednesday, advocating for a class-based society of higher education, based on the wealth a person was born into as opposed to an individual’s talent and intelligence.

    New America: The math genius who’s poor shouldn’t go to college, but should spend his/her life shining the shoes of people like Romney’s sons (or Mitt and Marie Antoinette themselves) who are born with trust funds and inheritances. Because, let’s be honest, who among us couldn’t “afford college” without financial help from programs or services like student loans, scholarships, and grants? Not all of us can borrow money for college from our parents.

    And what a great way to enslave entire generations into a minimum wage existence — to the great advantage of corporations and the one percent.

    — 1 year ago with 19 notes
    #class war  #economy  #income redistribution  #news  #politics  #unemployment  #vote!  #war on the middle class  #99%  #and this isn't a class war?  #emperor romney  #fuck you mitt  #GOP  #king of bain  #one percent  #plutocracy  #Really  #Republicans  #thunderdome  #unbelievable  #you should get as much education as you can afford 
    When Romney’s Bain Capital created jobs outside the U.S. that could have been done here →

    Caroline Bankoff at Daily Intel discusses the recent Washington Post article about how Romney’s Bain Capital invested in companies that moved American jobs overseas: [The Romney] campaign has responded with a statement criticizing the article as “fundamentally flawed”:

    [The] story that does not differentiate between domestic outsourcing versus offshoring nor versus work done overseas to support U.S. exports.  Mitt Romney spent 25 years in the real world economy so he understands why jobs come and they go.

    However, as Politico notes, the statement does not address one of the article’s main points, which is that Bain was directly involved with companies that created jobs outside the United States that could have been done here. Meanwhile, the New York Times has a piece (also based on Securities and Exchange Commission filings) detailing a number of instances in which Bain made a profit off of taking over companies that eventually went bankrupt. While some of the companies profiled may have simply been “too troubled to rescue” (or brought down by larger economic or industry trends), there are examples like steel manufacturer GS Industries… Continue reading »

    Steel – YouTube – Kansas City’s GST Steel had been making steel rods for 105 years when Romney and his partners took control in 1993. They cut corners and extracted profit from the business at every turn, placing it deeply in debt. When the company eventually declared bankruptcy, workers not only lost their jobs but were denied their full pensions and health insurance, and the government was forced to step in and provide a bailout. Watch: 


    Romney economics (why jobs come and why they go): creating wealth for a few at the expense of many.

    — 1 year ago with 1 note
    #class war  #income redistribution  #news  #politics  #unemployment  #vote!  #war on the middle class  #american jobs  #American workers  #bain capital  #creating jobs overseas  #GS industries  #jobs that could have been done here  #kansas city  #Mitt Romney  #off-shoring  #outsourcing jobs  #plutocracy  #vulture capitalism  #washington post  #wealth for the few at the expense of many 
    Mitt Romney’s presidential campaign may be the greatest business decision the one percent ever made →

    The super secret, exclusive shindig for Mitt Romney’s biggest donors in Park City, Utah, dubbed the “First National Romney Victory Leadership Retreat,” over the weekend has some interesting details. If you don’t find this information at least a little bit alarming, I suggest you check yourself for a pulse.

    Politico describes the setting — “Eight hundred top donors gathered in the ballroom of a resort here to watch the presentation: the Romney campaign for president is organized, efficient and run like a business. In other words, their money is being wisely invested. The price tag for entry to the exclusive donor retreat was $50,000 and included access to some of the GOP’s biggest names — Jeb Bush, Karl Rove, Condoleezza Rice, as well as a briefing from top Romney officials on how they planned to beat President Barack Obama in November. It was a way of saying “thank you” to the hundreds of bundlers — fundraisers who tap their network of friends, family and associates to raise far more than the $2,500 they are allowed to individually contribute to a campaign. While Obama discloses his bundler list, Romney shrouds his in secrecy and the goings-on this weekend were held strictly behind closed doors.”

    And who are the lucky folks who scored exclusive invitations? No idea.

    Steve Benen comments – ”All of this, apparently, is “a way to reward top-performing bundlers, who make their own donations and then raise many times that from their networks of friends and associates.” To be sure, this is quite a treat for these bundlers, who will reportedly be “briefed on campaign strategy” during the posh affair (the agenda for Saturday evening includes “dessert and dancing”). […] Unlike George W. Bush, John McCain, and Barack Obama, each of whom voluntarily disclosed the names of their bundlers, Romney refuses to share this information, preferring to maintain a veil of secrecy over his fundraising operation. These bundlers are poised to get extraordinary access to Republican leaders and the man who may be president next year, but we aren’t allowed to know who they are.”

    The NYTimes describes the complete access to power for the wealthiest — “Everybody was completely accessible,” said Anthony Scaramucci, a New York financier and Romney fund-raiser who said the candidate took the time to warmly greet and thank him by his nickname, Mooch, at a dinner on the first night of the retreat. […] Donors were unabashed about their desire to have face time with those who might constitute the brain trust in a Romney White House. David A. Wish, a Florida doctor and Romney fund-raiser, said that in order to sell the candidate to potential contributors, “we need one-on-one time with the people who make decisions.” […] On Thursday night, Mr. Rove held court on a hotel balcony with about a half-dozen financial executives, who peppered him with questions about Mr. Romney’s chances… After Mr. Rove walked away, the gaggle of men excitedly recounted the conversation, reveling in their access. “That’s the price of admission right there,” one donor said to another. “Your six minutes with Rove.”

    And, according to Buzzfeed, Bain was there — “Flight records passed along by a Democratic source show that the Bain Capital Jet company jet flew from Bedford, Massachusetts to airfield near Romney’s Utah donor retreat on Friday.”

    Think Progress notes that Karl Rove’s participation at this event demonstrates Romney’s poor judgement and hypocrisy – A Saturday panel on “media insight” will feature American Crossroads and Crossroads GPS co-founder Karl Rove. The Crossroads reportedly plan to spend a stunning $300 million to help Romney defeat President Barack Obama this November, but they are legally prohibited from coordinating this effort with Romney’s campaign. […] in December, Romney decried the rise of Super PACs like Rove’s American Crossroads, saying they have been a “disaster” for the political system. He said at the time: Super PACs have to be entirely separate from a campaign and a candidate. I’m not allowed to communicate with a super PAC in any way, shape or form… If we coordinate in any way whatsoever, we go to the big house.

    — 1 year ago with 2 notes
    #unemployment  #income redistribution  #class war  #war on the middle class  #vote!  #politics  #news  #Republicans  #President Obama  #Utah  #Mitt Romney  #hypocrisy  #Condoleezza Rice  #karl rove  #Crossroads GPS  #plutocracy  #bain capital  #super pacs  #jeb bush  #1. tax cuts for the wealthy  #2. austerity for the rest of us  #buying a president  #buying the white house  #First National Romney Victory Leadership Retreat  #park city utah  #top donors  #posh  #exclusive  #bundler list  #undisclosed 
    Romney’s business philosophy at Bain: Heads, I win. Tails, you lose.
The New York Times takes another deep look at Bain Capital (via: Political Wire):
“The private equity firm, co-founded and run by Mitt Romney, held a majority stake in more than 40 United States-based companies from its inception in 1984 to early 1999, when Mr. Romney left Bain to lead the Salt Lake City Olympics. Of those companies, at least seven eventually filed for bankruptcy while Bain remained involved, or shortly afterward, according to a review by The New York Times. In some instances, hundreds of employees lost their jobs. In most of those cases, however, records and interviews suggest that Bain and its executives still found a way to make money…”
“Bain structured deals so that it was difficult for the firm and its executives to ever really lose, even if practically everyone else involved with the company that Bain owned did, including its employees, creditors and even, at times, investors in Bain’s funds.”

    Romney’s business philosophy at Bain: Heads, I win. Tails, you lose.

    The New York Times takes another deep look at Bain Capital (via: Political Wire):

    “The private equity firm, co-founded and run by Mitt Romney, held a majority stake in more than 40 United States-based companies from its inception in 1984 to early 1999, when Mr. Romney left Bain to lead the Salt Lake City Olympics. Of those companies, at least seven eventually filed for bankruptcy while Bain remained involved, or shortly afterward, according to a review by The New York Times. In some instances, hundreds of employees lost their jobs. In most of those cases, however, records and interviews suggest that Bain and its executives still found a way to make money…”

    “Bain structured deals so that it was difficult for the firm and its executives to ever really lose, even if practically everyone else involved with the company that Bain owned did, including its employees, creditors and even, at times, investors in Bain’s funds.”

    — 1 year ago with 3 notes
    #class war  #income redistribution  #news  #politics  #unemployment  #vote!  #war on the middle class  #bain capital  #create wealth for a few at the expense of many  #Mitt Romney  #plutocracy  #Republicans 
    Romney got rich by relocating American jobs overseas: let’s get back to Bain Capital
Mitt Romney’s financial company, Bain Capital, “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,” the Washington Post reports. “During the nearly 15 years that Romney was actively involved in running Bain, a private equity firm that he founded, it owned companies that were pioneers in the practice of shipping work from the United States to overseas call centers and factories making computer components, according to filings with the Securities and Exchange Commission.” More details: “Bain played several roles in helping these outsourcing companies, such as investing venture capital so they could grow and providing management and strategic business advice as they navigated this rapidly developing field.” (via: Political Wire)
Charles P. Pierce points out:

This vast new Washington Post report about how Willard Romney and his money-chewing friends got really wealthy by investing in companies dedicated to shipping American jobs overseas is yet one more reason why the Obama campaign really shouldn’t have slacked off from tearing into Romney’s career at Bain Capital just because Cory Booker, and Ed Rendell, and Bill Clinton got nervous about it. It also should set off another spate of really remarkable lying from the Republican candidate over the next few days.
While economists debate whether the massive outsourcing of American jobs over the last generation was inevitable, Romney in recent months has lamented the toll it’s taken on the U.S. economy. He has repeatedly pledged he would protect American employment by getting tough on China.“They’ve been able to put American businesses out of business and kill American jobs,” he told workers at a Toledo fence factory in February. “If I’m president of the United States, that’s going to end.” 
Willard Romney — friend of the working man. In Shanghai.

Related (very!): John McCain: Sheldon Adelson is pumping Chinese money into Romney’s campaign

    Romney got rich by relocating American jobs overseas: let’s get back to Bain Capital

    Mitt Romney’s financial company, Bain Capital, “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,” the Washington Post reports. “During the nearly 15 years that Romney was actively involved in running Bain, a private equity firm that he founded, it owned companies that were pioneers in the practice of shipping work from the United States to overseas call centers and factories making computer components, according to filings with the Securities and Exchange Commission.” More details: “Bain played several roles in helping these outsourcing companies, such as investing venture capital so they could grow and providing management and strategic business advice as they navigated this rapidly developing field.” (via: Political Wire)

    Charles P. Pierce points out:

    This vast new Washington Post report about how Willard Romney and his money-chewing friends got really wealthy by investing in companies dedicated to shipping American jobs overseas is yet one more reason why the Obama campaign really shouldn’t have slacked off from tearing into Romney’s career at Bain Capital just because Cory Booker, and Ed Rendell, and Bill Clinton got nervous about it. It also should set off another spate of really remarkable lying from the Republican candidate over the next few days.

    While economists debate whether the massive outsourcing of American jobs over the last generation was inevitable, Romney in recent months has lamented the toll it’s taken on the U.S. economy. He has repeatedly pledged he would protect American employment by getting tough on China.“They’ve been able to put American businesses out of business and kill American jobs,” he told workers at a Toledo fence factory in February. “If I’m president of the United States, that’s going to end.” 

    Willard Romney — friend of the working man. In Shanghai.

    Related (very!)John McCain: Sheldon Adelson is pumping Chinese money into Romney’s campaign

    — 1 year ago
    #class war  #income redistribution  #news  #politics  #unemployment  #vote!  #war on the middle class  #1. tax cuts for the wealthy  #2. austerity for the rest of us  #american jobs  #bain capital  #China  #India  #jobs  #Mitt Romney  #no jobs for you (in america)  #offshoring  #overseas  #plutocracy 
    Sheldon Adelson plans to purchase the very best White House his money can buy →

    Daily Intel reports: Conservative casino magnate Sheldon Adelson has reportedly pledged a total of $35 million to three conservative nonprofits: the Karl Rove–linked Crossroads GPS, an unspecified group with ties to the Koch brothers, and a third affiliated with House Majority Leader Eric Cantor. This is in addition to the $10 million he gave to pro-Romney super-PAC Restoring Our Future last week… Sources say he’s ready to commit $100 million to right-wing causes and candidates this year.

    Remember that $100 million to Sheldon Adelson is about $300 – $400 to an average family.

    Additionally, John McCain said recently that Sheldon Adelson “is indirectly injecting millions of dollar in Chinese foreign money into Mitt Romney’s presidential election effort,” according to Josh Rogin.

    Those facts would probably be reported more by the mainstream media, if all the billionaires didn’t own the mainstream media.

    — 1 year ago with 1 note
    #class war  #income redistribution  #news  #politics  #unemployment  #vote!  #war on the middle class  #billionaire  #buying a president  #buying the white house  #China  #chinese money  #Citizens United  #dark money  #Eric Cantor  #gambling  #karl rove  #Koch brothers  #Mitt Romney  #plutocracy  #Republicans  #Sheldon Adelson  #super donors  #super pacs 
    McConnell doesn’t want you to know which billionaires want to buy a Republican for the White House →

    Sam Stein reports on why Mitch McConnell wants to protect the very wealthy from your “scrutiny” and “backlash”

    In a series of speeches and interviews over the past day, Senate Minority Leader Mitch McConnell (R-Ky.) argued against adding a further layer of disclosure to the campaign finance system, suggesting that the Obama administration would use it to browbeat political opponents.

    The Kentucky Republican has long been one of Congress’ foremost advocates of a far-reaching interpretation of First Amendment rights. And his remarks, first to Fox News, then to the Faith and Freedom Conference and finally to the American Enterprise Institute, followed in that vein.

    …Donors to politically active nonprofit groups, he said, do not deserve to be subjected to public scrutiny or backlash.

    That’s really very interesting, considering that Buzzfeed (Romney’s personal online PR firm) is reporting that Santorum’s old sugar daddy, Foster Friess, says he’s going to donate to Romney’s campaign “undercover:”

    “Well I’m going to do that more undercover, I’m going to do it through a lot of c4′s so it’s not so high profile,” Friess said at the Faith and Freedom Conference, where he is scheduled to speak on Saturday. “I was stunned to see how much attention — I had no idea what happened, I must have had 60 or 70 interviews.” “So I think if I do it through c4′s, I can keep a lower profile which is probably better.” Friess explained the tactic further. “If you give to a c4, it doesn’t get disclosed,” Friess said. ”If you give to a c4, it doesn’t get disclosed,” Friess said. “So if I give money to various organizations, nobody knows what I’m giving. Even my wife won’t know.”

    Notice they were both at the Faith and Freedom Conference.

    — 1 year ago with 4 notes
    #class war  #income redistribution  #news  #politics  #unemployment  #vote!  #war on the middle class  #billionaires  #buying a president  #buying the white house  #Citizens United  #disclosure  #foster friess  #Mitch McConnell  #Mitt Romney  #plutocracy  #President Obama  #Republicans  #super pacs 
    Two paths: rebuild our nation and middle class or give more tax cuts to the wealthy, paid for by the rest of us →

    “At stake is not simply a choice between two candidates and two political parties, but between two paths for our country.”– President Obama in his economic speech, 6/14/2012

    “Your vote will determine the debate on which path we take. That’s what’s at stake. Everything else is noise, a distraction.” via: C-SPAN:

    President Obama said that the coming election is about “two fundamentally different visions on which direction America should take.” The president told the audience … he believed in a “vision that Democrats and Republicans used to share,” of a collaboration between government and business that “worked for the American middle class.” In contrast, the president said that “the market is everything” for his presumptive-GOP rival, Mitt Romney — “eliminate regulations, cut taxes, strip down the government and the power of business will be unleashed.” Mr. Obama said the Romney plan, to keep the Bush tax cuts in place and add another $5 trillion in tax cuts from programs that benefit the middle class, “is wrong and I’m not alone.” According to the president, independent analysts agree that those policies would “slow the economy and deepen the recession.” The president added, “You can’t have a strong and growing economy without a strong and growing middle class.” He then laid out his agenda for government investment in education, clean energy, research and development, and rebuilding the national infrastructure. The Republican’s unwillingness to raise taxes on the highest income earners “is what is keeping us from reaching a grand bargain” on tax reform or bringing down the federal deficit.

    Ask yourself: what is Romney offering you as an alternative?

    Obama told voters to expect ads with “scary music” and a voice telling them Obama is detached from Americans’ suffering and the true state of the economy and that he’s a lightweight with no experience in business. He then said:

    “That may be their plan to win the election. But it’s not a plan to create jobs. It’s not a plan to grow the economy. It’s not a plan to pay down the debt. And it’s sure not a plan to revive the middle class and secure our future.”

    This was the ultimate appeal in Obama’s speech. He knows economically struggling swing voters are about to get nuked by months of single-minded messaging — the economy stinks and no one seems to be doing anything about it, so get rid of the guy in charge — and he’s trying to get them to ask themselves what Romney is really offering as an alternative. – Greg Sargent

    Register to vote | Volunteer | Contribute

    image: demnewswire

    — 1 year ago
    #class war  #income redistribution  #news  #politics  #unemployment  #vote!  #war on the middle class  #1. tax cuts for the wealthy  #2. austerity for the rest of us  #Democrats  #forever wars  #GOP  #Mitt Romney  #more defense spending  #more wars  #obama plan  #plutocracy  #President Obama  #Republicans  #romney plan  #two paths 
    We have exactly 155 days: Obama or Romney →

    Romney’s PR HQ (Buzzfeed politics) has a roundup of every emo firebagger they could find, who’s had a ‘sad’ since the 2010 elections (which they didn’t bother to vote in). They want us all to know that their shattered hopes and dreams are the reason they’re not contributing to Obama’s campaign this time around:

    Most Obama Donors Not Giving Again

    “In 2008, more than 550,000 gave more than $200 to Barack Obama, entering their names in the longest list of individual donors ever seen in American politics,” Ben Smith reports.

    “But now, as Obama struggles to keep pace with his 2008 fundraising clip, that list offers a cross-section of Democratic disappointment and alienation. According to a BuzzFeed analysis of campaign finance data, 88% of the people who gave $200 or more in 2008 — 537,806 people — have not yet given that sum this year. And this drop-off isn’t simply an artifact of timing. A full 87% of the people who gave $200 — the sum that triggers an itemized report to the Federal Elections Commission — through April of 2008, 182,078 people, had not contributed by the end of last month.”

    I don’t know if these people are actually ‘real’ or more like urban legends — like the woman quoted in the article who says she wanted a more expansive health care bill: “We were a little upset about healthcare. I really, really wanted that public option,” Mrs. Leitzinger said (Really?! Still? I guess Obama should’ve just put that law through himself–who needs Congress?) — but what I do know is that there will be only two choices on November 6: Obama or Romney. And, sorry kids, as much as you hate hearing it — not choosing IS choosing.

    In the next five months because of Citizens United, corporate interests and the one percent are going to try to buy themselves a president by injecting $1 BILLION into super PACs for national advertising to sway independents and moderates over to Romney. And as sure as the sun will rise in the morning, every fundamentalist, teabagger, and rightwinger — all the social conservatives — will be in line to vote for the Republican. Serious question: just how far do you think your progressive ideals and beliefs will go with “President Romney”? Remember George W — multiply him by Tea Party.

    We only have five months. I haven’t gotten everything I wanted from Obama — but who’s ever gotten everything they want from one person in the entire history of the world?  I am able to realize that I’ve been happier with what he’s done, with what he represents, and especially with his potential than I ever would have been with McCain/Palin (that still makes me  shudder!). Four more years of Obama extends his potential — and ours. The fact of the matter is that Mitt Romney doesn’t care about the things I care about — he doesn’t even pretend to care. No I don’t want to extend tax cuts for the wealthiest, paid for by cutting programs and services to the neediest, with austerity for the rest of us — the not-wealthy. There’s no way Romney would ever consider issues or policies that I think are important. And there’s the deciding factor for me.

    Because of this article, I contributed today and will continue through November 5. Maybe you should think about it too.

    Do you really want to take a chance of waking up on November 7 with Romney as the winner?

    — 1 year ago
    #news  #politics  #vote!  #2010  #campaign  #Citizens United  #Democrats  #donate  #donors  #emo progs  #firebaggers  #grassroots  #herding cats  #Mitt Romney  #not choosing is choosing  #one percent  #plutocracy  #President Obama  #Republicans  #super pacs 
    Romney economics: when a fair wage for American workers is considered ‘greed’ →

    Fox News and Mitt Romney, as representatives for the one percent, rely on the Republican base voters to be not only dumb and uninformed, but self-hating as well. How else do you explain support (by people who aren’t wealthy) for the idea that fair wages and benefits for working Americans is “greed”? This morning, Ed Gillespie, an adviser to Mitt Romney, told Fox News host Chris Wallace that Scott Walker winning in Wisconsin would mean:

    “I think the statement to big labor and to big government employee unions, government worker unions is that you can’t be too greedy,” Gillespie explained. “You need to understand that times are tough and a lot of these legacy costs that you imposed are due for some reforms and some restructuring.”

    It’s interesting that Romney’s adviser calls it ‘greed’ when unions and workers want to preserve their wages and benefits. Especially when you consider the tactics ofvulture capitalism, practiced by Mitt Romney during his time at Bain Capital, on long-term employees of companies acquired by Bain (fire them, hire some back at lower wages). Support for this kind of thinking will turn us into a third-world economy yet. Here’s proof: the WSJ reported this week that flat wages in the US are helping a manufacturing rebound:

    The wage lag is a key factor contributing to the rebounding competitiveness of U.S. industry. A recent uptick in factory employment and the return of some production to U.S. shores from abroad both added jobs that probably otherwise wouldn’t exist. But sluggish wages also are squeezing workers’ incomes and spending. That, in turn, hurts retailers who target middle-income earners and restrains the vigor of the economic recovery. “The U.S. has held manufacturing wages in check while there has been strong wage growth in China and moderate wage growth in Mexico,” says economist Gordon Hanson of the University of California, San Diego, referring to two of the U.S.’s biggest lower-wage competitors.

    China and Mexico’s wages are growing while U.S. wages are shrinking. Apparently that’s the only way corporations who got rich on American soil are willing to bring jobs back to American soil. Soon everyone will have a job, if they’re not too “greedy” and are willing to work for $1.00 a day.

    Oh, and of course this is not greed.

    — 1 year ago with 32 notes
    #class war  #income redistribution  #news  #politics  #unemployment  #vote!  #war on the middle class  #American workers  #ampad  #bain capital  #chris wallace  #ed gillespie  #Fox News  #greed  #Mitt Romney  #one percent  #organized labor  #plutocracy  #Republicans  #scott walker  #unions  #vulture capitalism  #wisconsin 
    "Three GOP fundraisers familiar with the plans of the billionaire Koch brothers and their rich friends told The Huffington Post that their donor network is expected to funnel this year tens of millions into conservative groups, including the National Rifle Association, Grover Norquist’s Americans for Tax Reform, the National Right to Life Committee, Ralph Reed’s Faith and Freedom Coalition, the 60 Plus Association and the American Future Fund. By spreading their wealth throughout the conservative ecosystem, the Kochs can exploit trusted brands with passionate followings that reach beyond the Tea Party base. These three sources all requested anonymity since they are not authorized to speak about the Koch donor network’s plans."
    — 1 year ago with 1 note
    #news  #politics  #plutocracy  #buying a president  #buying congress  #mitt romney  #super pacs  #citizens united  #republicans 
    Axelrod: A handful of plutocrats are trying to buy the United States – “There was a report this morning that the Republican Super PACs, apart from Romney and apart from his own super PAC, intend to spend a billion dollars in this campaign setting up shadow state organizations—district-wide organizations—as well as running media. So a handful of plutocrats of billionaires with a special interest agenda are going to try and buy this government in this election, and the stakes of that are pretty profound. I’m obviously concerned about the implications for our race, but we’ve braced ourselves and we’ve been talking about this for some time. It’s a concern. It’s one of my big concerns. But for congressional candidates, it’s gotta be a nightmare. We saw in the last election, in the last 3 weeks of those campaigns, Super PACs swooped in and spent huge amounts of money in the final 3 weeks to influence those congressional races and turned a lot of races with their money. I think you can anticipate that in spades this year.” – Raw Story
GOP Groups Plan $1 BILLION Push for Romney (that’s billion, with a B) – Political Wire
image: realpolitiks

    Axelrod: A handful of plutocrats are trying to buy the United States“There was a report this morning that the Republican Super PACs, apart from Romney and apart from his own super PAC, intend to spend a billion dollars in this campaign setting up shadow state organizations—district-wide organizations—as well as running media. So a handful of plutocrats of billionaires with a special interest agenda are going to try and buy this government in this election, and the stakes of that are pretty profound. I’m obviously concerned about the implications for our race, but we’ve braced ourselves and we’ve been talking about this for some time. It’s a concern. It’s one of my big concerns. But for congressional candidates, it’s gotta be a nightmare. We saw in the last election, in the last 3 weeks of those campaigns, Super PACs swooped in and spent huge amounts of money in the final 3 weeks to influence those congressional races and turned a lot of races with their money. I think you can anticipate that in spades this year.”  Raw Story

    • GOP Groups Plan $1 BILLION Push for Romney (that’s billion, with a B)Political Wire

    image: realpolitiks

    — 1 year ago with 14 notes
    #news  #politics  #mitt romney  #president obama  #david axelrod  #romney economics  #republicans  #citizens united  #how to buy the government  #billionaires  #plutocracy  #one percent  #money  #buy a president