corporate | The Obama Diary

Posts Tagged ‘corporate

Jul

This and That

Categories: All Photos, All Videos and Articles
Tags: amazon, Barack, Center, chattanooga, corporate, fulfillment, gop, keystone, nlrb, NSA, Obama, obamacare, photos, President, smartypants, tax, taxation

President Obama signs a line worker’s shirt after touring the Amazon fulfillment center in Chattanooga, Tenn., July 30 (Photo by Chuck Kennedy)

****

Steve Benen: Why would the GOP balk at a corporate tax cut?

As promised, President Obama spoke in Tennessee this afternoon, and made congressional Republicans an offer they probably shouldn’t refuse: the GOP would get corporate tax reforms, including lower rates, while Democrats would get investments in infrastructure and manufacturing.

…. GOP opposition is just a little more difficult to understand. Sure, when the White House proposes new tax revenue from the wealthy, it stands to reason that Republicans will scream bloody murder. When the president talks about increasing the size of government in any appreciable way, we know the GOP will go berserk.

But corporate tax breaks and infrastructure jobs? Why announce knee-jerk opposition to these ideas?

I’ve spent some time this afternoon collecting Republican complaints about the new Obama offer, so let’s take them one at a time.

More here

****

To understand PBO’s grand bargain on taxes, read @Smartypants32 on conciliation as ruthless strategy. http://t.co/8XFSg4oNGE

— allanbrauer (@allanbrauer) July 30, 2025

****

Smartypants: A common sense proposal for NSA reform

Now that it appears as if the American public is ready to move beyond their fear-based approach to national security, I agree with President Obama.

I’ve got to tell you though Charlie, I think this is a healthy thing because its a sign of maturity that this debate would not have been taking place 5 years ago. And I welcome it.

That means that perhaps we can have a rational discussion about the NSA and potential reforms that make sense. Of course folks like Greenwald are not going to initiate a discussion about solutions - that would mean actually owning some responsibility rather than simply screaming from the sidelines (not to mention that solutions are terrible link-bait). But somebody needs to do it. As is often the case, that part is left to the pragmatists.

More here

****

And now for a balanced, informed view of the Manning verdict. Kidding, it’s Hamwald.

— Ethan Peretz (@MperiousRex) July 31, 2025

****

Seems many journos also don’t get that the beneficiary of true whistleblowing is supposed to be THE PUBLIC, not their byline. @Lawrence

— Only4RM (@Only4RM) July 31, 2025

****

@whitehouse This morning, President Obama and VP Biden met with Israeli and Palestinian negotiators on resuming peace talks

****

ThinkProgress: Obama Calls Out Republicans For Wasting Time On Keystone: ‘That’s Not A Jobs Plan’

In a speech on Tuesday focused on repairing the American economy, President Obama called out Republicans in Congress for flouting serious job-creation efforts in favor of trying to repeal environmental regulations and push for the creation of the Keystone XL oil pipeline.

While Republicans have advocated for Keystone by insisting that it will create jobs, Obama slammed that assertion Tuesday, pointing to the Cornell University estimate that Keystone would only create 50 permanent jobs….

More here

****

Check it out: The restaurant industry is growing, and average hours are up. #ObamacareIsWorkinghttp://t.co/U8VXtXD3iC

— Barack Obama (@BarackObama) July 30, 2025

****

Thank you, PBO! Took my kids to doctor for annual checkups, NO COPAY for first time ever! I Love, Love, Love the ACA! #ObamaCares

— Aღanda (@AC_BOwen) July 30, 2025

****

Very funny historical comparison by @NYTimeskrugman on Marco Rubio’s latest gibberish about Obamacare: http://t.co/0Olfck2SYY

— Greg Sargent (@ThePlumLineGS) July 28, 2025

****

We’ve come a long way—but there’s still more work to do. #TransformationTuesday, pic.twitter.com/IPgpU2o7C2

— The White House (@whitehouse) July 30, 2025

****

BREAKING! We now have a fully confirmed @NLRB board. —> http://t.co/xFtN04CKGO#1u#NLRB

— AFL-CIO (@AFLCIO) July 30, 2025

RT @richardtrumka: For the first time in more than a decade America now has a fully staffed #NLRB

— AFL-CIO (@AFLCIO) July 30, 2025

****

The most useful invention since the wheel?

Seen on the shelves at the Amazon Fulfillment Center in Chattanooga just visited by POTUS: pic.twitter.com/WI1lidi76q

— Jay Carney (EOP) (@PressSec) July 30, 2025

****

Will catch up with whatever good stuff I missed in tomorrow’s R&S

Jun

the corporate raider

By Chipsticks 9 Comments

Categories: Articles
Tags: 2012, bain, Barack, capital, corporate, employment, failure, gop, governor, hypocrite, jobs, Massachusetts, mitt, Obama, President, raider, record, romney, terrible, worst

Newsonline: ….Mitt Romney is promoting his private-sector business experience to show he could do better than U.S. President Obama in creating jobs. But opponents will find fault in his record as a corporate raider in the 1980s and as Massachusetts governor when his performance on employment was mixed at best.

Romney stressed his experience as head of private equity firm Bain Capital … He made a fortune wheeling and dealing in companies, some of which endured big job cuts as part of restructuring. Some ultimately went bankrupt.

“He was a corporate raider who often made companies profitable, not by helping them perform better - but by simply laying off employees and killing jobs,” said Ray Buckley, Democratic Party chairman of New Hampshire.

Bain Capital, which Romney headed for more than a decade, specialized in leveraged buyouts: buying companies with money borrowed against their assets, grooming them to be sold off, and in the interim collecting huge fees.

Later, as Massachusetts governor from Jan. 2003 to Jan. 2007, Romney presided over one of the puniest rates of employment growth among the 50 U.S. states, at a time the nation’s economy was booming. Labor Department figures showed Massachusetts ranked 47th in the rate of jobs growth in those four years.

More here

Thank you Proud ;-)

I read a more detailed piece about Romney’s dire record on jobs a while ago, will try to find it