Posts Tagged ‘returns



03
Aug
12

Rise and Shine

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11:45: President Obama delivers remarks on the need for Congress to act to ensure that taxes don’t go up on 98 percent of Americans at the beginning of next year

2:30: VP Biden travels to Los Angeles, Calif., to attend a campaign event

2:35: Michelle Obama delivers remarks at a campaign fundraising event in Springfield, Mass.

5:00: Michelle Obama delivers remarks at a campaign fundraising event in Pittsfield, Mass.

6:45: Michelle Obama attends a campaign fundraising dinner in Richmond, Mass.

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Link

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Cagle

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Glenn Kessler (Washington Post): … This ad is tough, but we cannot fault the accuracy of its key points. To some extent, the Romney campaign has been hoist with its own petard by refusing to provide sufficient detail that shows how the numbers add up in Romney’s tax and budget plans. So we are left with the judgment of a respected and independent third party.

We hold campaign ads to a high standard, particularly attack ads. If Romney releases the missing details, and a new analysis finds that Romney can meet the stated goals of his tax plan, then we can certainly revisit this analysis. But, until then, for the first time in this frequently nasty campaign, we award a rare Geppetto Checkmark for a campaign ad.

Full article here

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Morning everyone ;-)

26
Jul
12

Rise and Shine

President Barack Obama steps off Marine One on the South Lawn of the White House on July 25

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Alex MacGillis (The New Republic): …. cynicism has regained the upper hand this week, in a big way, with the Republicans’ out-of-context trumpeting of a single, infelicitous line from Obama’s recent riff, echoing Elizabeth Warren, about the need for public investment to sustain economic growth….

…. There is actually a pretty good argument to be had over this riff — an argument that gets to the heart of what the 2012 election is about …. But Republicans aren’t engaging in that argument. Instead, they have plucked out the single line — “If you’ve got a business, you didn’t build that” — which makes it sound like Obama’s ”that” refers to the business, not to the roads and bridges of the previous line…..

How has the press covered this? ….. Even Andrew Sullivan, this morning, essentially shrugged at the gambit, faulting Obama for having stumbled into the confused wording in the first place to produce his “biggest blunder yet”….

….. I’m genuinely perplexed that people who work with words for a living can be so blithe about the deliberate misuse of words to mislead. What are we in this business for if not to hold the people we cover to basic standards of context, rather than just scoring the marks left by the mistruths?

Full article here

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Charles P. Pierce: Senator McDreamy believes he’s found an acorn:

Sen. Scott Brown said Wednesday that President Barack Obama made his “you didn’t build that” comments after getting “bad advice from professor [Elizabeth] Warren.” “They’re almost verbatim,” Brown said on “Fox and Friends,” referring to a speech Warren gave last year. “And the president got bad advice from professor Warren, certainly. You’ll never hear me demonizing our job creators.”

…..  no, McDreamy, saying that the Romney campaign is lying their ass off about what he said is not the president “stepping back and correcting the record” — and undeniably true. For example, here in the Commonwealth (God save it!) we are blessed with a junior senator who benefitted early in life from the welfare benefits provided by other taxpayers that his family collected after his parents split, who attended a public high school financed by other taxpayers in Wakefield, who trained in the publicly financed Massachusetts National Guard, and who has been on the public payroll in one way or another since 1992.

You’re welcome, senator. Think nothing of it.

Full post here

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Ah, Willard is charming the British!

The UK Telegraph (right wing rag): Mitt Romney has questioned Britain’s preparedness to host the London 2012 Olympics and asked whether the country is genuinely willing to “celebrate” the Games.

….he told US television there were “disconcerting” signs about Britain’s readiness …. Romney questioned the enthusiasm of the British public. “Do they come together and celebrate the Olympic moment?” he asked. “That’s something which we only find out once the Games actually begin.”

…. The comments on the Olympics came after Mr Romney’s advisers told The Daily Telegraph that he would restore “Anglo-Saxon” understanding to the special relationship between the US and Britain…

…. However, Mr Romney will receive a lukewarm reception in London. He held brief talks with Ed Miliband, the Labour leader. In a gaffe of his own, Mr Romney referred to Mr Miliband as “Mr Leader”…..

…. Later on Thursday, Mr Romney is planning to hold a fundraiser at the Mandarin Oriental hotel in Knightsbridge. One of the hosts of the fundraiser, former Barclays CEO Bob Diamond, withdrew from the event after he resigned in the wake of the Libor scandal.

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Tony Blair very excited to meet Willard in London

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The UK Telegraph: Barclays told to stop fundraising for Mitt Romney

Barclays has been accused of fundraising for political candidates instead of working to rebuild the public’s trust in banks following the Libor-setting scandal.

Executives at Barclays have reportedly donated more than $1m (£645,000) to to US Republican presidential candidate Mitt Romney’s election campaign.

They are set to hand over more this evening at fundraising dinner in a secret Mayfair location, where tickets cost between $50,000 and $75,000, according to the Guardian.

An early-day motion (EDM) signed by 11 MPs last week demanded the bank and its directors stop working to bolster Mr Romney’s election campaign and concentrate on repairing confidence in the banking system.

More here

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Morning everyone ;-)

25
Jul
12

‘Parents for Obama’

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Thanks amk ;-)

18
Jul
12

This and That

President Obama and First Lady Michelle Obama look out at the Chicago skyline, June 15

President Obama and Vice President Biden talk with Zachary Atala, son of Dr. Anthony Atala, M.D., Director, Wake Forest Institute for Regenerative Medicine, in the Eisenhower Executive Office Building of the White House, June 5

First Lady Michelle Obama waits to greet President Barack Obama upon his arrival at John F. Kennedy International Airport in New York, N.Y., June 14

President Obama and First Lady Michelle Obama present a birthday cake to Assistant Usher Reggie Dickson outside the Usher’s Office of the White House, following a Presidential Medal of Freedom ceremony and dinner honoring President Shimon Peres of Israel, June 13

President Obama with Bo in the Oval Office, June 21

Brian Mosteller, Director of Oval Office Operations, sits with Bo in the Outer Oval Office, June 20 :cool:

A young boy salutes President Obama as he greets audience members following his remarks at the NALEO Conference in Orlando, Fla., June 22

President Obama talks to a group of kids from Lenora Academy in Snellville, Ga., during a stop at the Varsity, a restaurant in Atlanta, Ga., June 26

President Obama talks to kids during a stop at the Boys and Girls Clubs of Cleveland on Broadway Avenue in Cleveland, Ohio, June 14

President Obama talks on the phone with Prime Minister Mario Monti of Italy aboard Air Force One, June 6

 All photos by Pete Souza – more here

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President Obama greets 11-year-old Haley Klepper during a ceremony honoring the 2012 NCAA Women’s College Basketball Champion Baylor Bears in the East Room of the White House. The team’s so-called biggest fan, Klepper, who suffers from a rare Mitochondrial disease, attends all the games and has a reserved spot in the locker room

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Thursday

10:45: President Obama departs the White House en route Joint Base Andrews

12:45: Arrives in Jacksonville, Florida

1:15: Delivers remarks at a campaign event

3:05: Attends a campaign event at Prime Osborn Convention Center

4:35: Departs Jacksonville en route West Palm Beach

5:35: Arrives at West Palm Beach

6:20: Delivers remarks at a campaign event

7:35: Attends a campaign event at Century Plaza

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A crowd of residents wait to get tickets for Friday’s visit by Michelle Obama in Fredericksburg, Va.

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Cagle

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Hey everyone, I’m waaaaaaaaaay behind on the news today, will try to catch up tomorrow.

18
Jul
12

Rise and Shine

Thanks LOL!

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Washington Post: The political pressure on Mitt Romney to release more of his personal income tax returns is causing some divisions inside the GOP presidential candidate’s camp, according to a Republican strategist close to the campaign.

Although some advisers are arguing privately that Romney needs to release additional filings to curb the political fallout, others are resisting that suggestion, reflecting the candidate’s longtime reluctance to publicly disclose information about his personal finances.

….. Late Tuesday, after the interview with Romney, the editors of the National Review wrote an editorial arguing that the only question for Romney is “whether he releases more returns now, or later – after playing more defense on the issue and sustaining more hits.”

The editorial adds to a growing chorus of Romney allies urging him to make the additional information public …. Many Republicans say Romney’s refusal to release the tax returns is beginning to cost him politically.

More here

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Paul Krugman: And so, predictably, Romney is accusing Obama of “attacking capitalism” and “dividing America” by raising questions about Bain and those hidden tax returns….

The special Romney twist – aside from the willful misrepresentation of what Obama actually said about business success — is Mitt’s desire to have it both ways. He’s proud of his business record and his success, he says, but at the same time wants us to believe that he had nothing to do with Bain’s actions over a three-year period when he was still its CEO, and is completely unwilling to let us see the tax returns that would tell us something about exactly how he achieved his current wealth. (There are two competing theories about his tax stonewalling. One is that he had one or more years of zero taxes. The other is that he actually made a lot of money in 2009, because he shorted the market. We may never know which is true.)

….. So Romney wants us to celebrate the success of people like him, even though their success doesn’t seem to have benefited ordinary families, and even though he stands for policies that would aggravate the gap between a fortunate few and everyone else. And then he accuses Obama of dividing America.

Full post here

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11:50: Michelle Obama joins elected officials to announce public and private sector commitments for her Let’s Move! initiative in Pennsylvania

12:30: Jay Carney briefs the press

2:25: President Obama honors the 2012 NCAA Women’s Basketball Champion Baylor Bears

3:15: Michelle Obama is briefed on tornado recovery by local officials in Birmingham, Alabama and meets children affected by the storm

5:40 President Obama attends a campaign event at The Mandarin Oriental Hotel

6:00: Michelle Obama delivers remarks at a campaign fundraising event in Birmingham

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Morning everyone ;-)

17
Jul
12

This and That

McClatchy

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Austin Music Hall, Texas

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Cagle

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Nick Anderson

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Morning/afternoon/evening all ;-)

17
Jul
12

Coming up

12:30: The President arrives in San Antonio, Texas

2:0: Delivers remarks at a campaign event at The Henry B Gonzalez Convention Center, San Antonio (Live coverage)

3:30: Delivers remarks at a campaign event (Private Residence)

4:50: Departs San Antonio

5:25: Arrives Austin, Texas

6:50: Delivers remarks at a campaign event at Austin Music Hall, Austin, Texas (Live coverage)

8:55: Delivers remarks at a campaign event (Private Residence)

10:10: Departs Austin

1:05 AM: Arrives Joint Base Andrews

1:20 AM: Arrives the White House

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Steve Benen: Quite a few Americans are going to go to their mailbox this week and next, open it, and find something unexpected: a check from their insurance company. It’s another side benefit from the Affordable Care Act that most Americans mistakenly thinks they don’t like:

When Laird Le found a check for $70.02 in the mail, he wasn’t quite sure why. Turns out, he’s one of the estimated 13 million Americans that will receive a rebate on their health insurance premiums as a result of the health care reform law recently upheld by the Supreme Court…..

…. “Obamacare” has an 80/20 rule, which requires insurance companies to spend roughly 80% of all premiums on actual health benefits, rather than company overhead (marketing, lobbying, executive salaries, etc.). When an insurer spends less than 80% on health care for its customers, the company is required to send the customer a check for the difference.

How many checks are we talking about? According to the Kaiser Family Foundation, nearly 16 million Americans will get rebates before the legal due date, which is Aug. 1…. when they realize it’s because of Obamacare, maybe the law will start to look a little better in those consumers’ eyes….

Full post here

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TPM: President Obama over the past week has hammered away at Mitt Romney’s business record. It’s like he’s “hellbent on making the word ‘Bain’ synonymous with a source of harm or ruin,” Stephen Colbert said on Monday. Over the weekend, the Obama campaign released a blistering new ad, mocking Romney’s rendition of “America the Beautiful” with a series of scathing headlines. “Mitt was originally on key,” Colbert said. “But he outsourced many of those notes to India.”

….. Romney adviser Ed Gillespie tried to clear the whole thing up on Sunday, saying Romney retired from Bain capital “retroactively.” What a novel idea, Colbert thought. “So he wasn’t responsible for firing all of those people whose jobs were outsourced. He was responsible for retroactively not hiring them.”

Video at link

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Cincinnati, July 16 (Photos by Christopher Dilts for Obama for America)

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Morning/afternoon/evening everyone ;-)

17
Jul
12

Rise and Shine

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Dana Milbank: Mitt Romney is an impressive man, but until now, we didn’t know just how impressive. According to his senior adviser, Ed Gillespie, the presumptive Republican presidential nominee is a time traveler.

Gillespie made this surprise disclosure to CNN’s Candy Crowley on Sunday as he attempted to explain why the candidate claimed to have stepped down as chief executive of Bain Capital in 1999 but the company’s filings show him in that position through 2002.

“He took a leave of absence,” Gillespie said, “and, in fact, Candy, he ended up not going back at all, and retired retroactively to February of 1999 as a result.”

…..A better strategy would be for Romney to get back in the time machine and eliminate the phrase “retired retroactively” from the record. While in the past, he might also pause long enough to take his dog Seamus off the car roof.

Full article here

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Eugene Robinson: Mitt Romney has every right to cloak his personal and professional finances in secrecy — and voters have every right to assume he has something embarrassing to hide. If this seems unfair, Romney has only himself to blame.

…. The only reason anyone cares when Romney left Bain Capital, the private equity firm he founded and ran, is because Romney made a totally unreasonable claim: When Democrats pointed to outsourcing and job cuts at companies Bain owned or controlled, Romney denied any responsibility since these unfortunate developments took place after he left to run the Winter Olympics in 1999.

This was an absurd position to take. Romney has boasted of his prowess at creating jobs by pointing to successful companies in which Bain invested, such as Staples, the office-supply chain that went on to expand and hire tens of thousands of employees. But much of this growth took place after 1999. Romney was trying to take credit for post-departure successes but not for failures.

…. Going out of your way to invite this kind of speculation, as Romney is doing, seems an awfully unpromising campaign strategy.

Full article here

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Cagle

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9:0: President Obama departs the White House

12:30: Arrives in San Antonio, Texas

2:00: Delivers remarks at a campaign event at the Henry B Gonzalez Convention Center

3:30: Delivers remarks at a campaign event

4:50: Departs San Antonio

5:25: Arrives in Austin, Texas

6:50: Delivers remarks at a campaign event at Austin Music Hall

8:55: Delivers remarks at a campaign event

10:10: Departs Austin, Texas en route Joint Base Andrews

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Morning everyone ;-)

15
Jul
12

No pressure, Willard

15
Jul
12

Rise and Shine

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A lukewarm reception for President Obama at Centreville High School …… ;-)

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Virginia Beach

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Paul Krugman: … this is only for the specifics Romney has announced; he claims that he will make up for the large revenue losses under his plan (Obama gains revenue) by closing loopholes. But he refuses to say which, and the clear reality is that he’s talking through his hat. Meanwhile, Romney also proposes severe cuts in Medicaid, and his party wants big cuts in other safety-net programs.

So like it or not, we have an election in which one candidate is proposing a redistribution from the top — which is currently paying lower taxes than it has in 80 years — downward, mainly to lower-income workers, while the other is proposing a large redistribution from the poor and the middle class to the top.

So the next time someone tut-tuts about “class warfare”, remember that the class war is already happening, in real policy — with the top .01 percent on offense.

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Cagle

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ThinkProgress: In a series of interviews yesterday, Mitt Romney maintained he would only release tax returns dating back two years…..

….On the sidelines of the National Governors Association meeting in Williamsburg, Alabama’s Republican governor, Robert Bentley, called on Romney to release all the documents requested of him.

“If you have things to hide, then maybe you’re doing things wrong,” Bentley said. “I think you ought to be willing to release everything to the American people.“

Ana Navarro, a prominent Republican strategist, has also called on Romney to release more tax returns, telling Politico “I wish he’d hurry up and release more tax returns so this distraction would go away.”

More here

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Monday: The President will travel to Cincinnati, Ohio for a campaign event.

Tuesday: The President will travel to San Antonio and Austin, Texas for campaign events.

Wednesday: The President will attend meetings at the White House.

Thursday: The President will travel to Jacksonville and West Palm Beach, Florida for campaign events. He will remain overnight in Manalapan, Florida.

Friday: The President will travel to Ft. Myers and Orlando, Florida for campaign events. Later, the President will return to Washington, DC.

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President Obama and Michelle Obama are on CBS News Sunday Morning – check your local listings (thanks for the reminder UT)

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Morning everyone ;-)

14
Jul
12

Rise and Shine

This video is dedicated to Alex Okrent, the staffer in President Obama’s campaign office who died yesterday. May he rest in peace

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You can see President Obama’s speeches in Virginia yesterday on C-Span

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Bloomberg: President Barack Obama has gained an advantage over Republican Mitt Romney in a Pew Research Center Poll showing public confidence in either one’s handling of the economy shifting toward the president in the past month.

Obama leads Romney by 50 percent to 43 percent among registered voters surveyed, Pew reports, with the Republican Party’s presumed presidential nominee losing 3 percentage points of support since its previous poll in early June.

Public opinion on which candidate would do a better job of improving economic conditions has shifted from an advantage for Romney in Pew’s June survey to support for Obama in the latest survey of 2,373 registered voters conducted June 28-July 9.

More here

Thanks amk

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Charles Blow: Mitt Romney’s stories just don’t jibe.

First, there is the issue of when he left Bain Capital, the private-equity firm he founded.

….Second is the issue of Romney’s tax returns.

…The narrative is starting to take hold that he is dishonest, devious and irreconcilably different. These are simple, deadly character flaws in a candidate because they’re antithetical to the American ideal of the presidency.

… My mother used to say: “If you tell the truth, you don’t have to remember what you said.” The simple truth makes sense, stands on its own and can be proved. Nine times out of 10, things that require constant clarification and endless appending aren’t the simple truth.

That’s mother’s wit, and everyone has a mother.

Full article here

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Charles Pierce: As entertaining as all the When-Did-Willard-Leave-Bain-And-How-Thoroughly-Did-He-Leave-It? whoop-de-doo is, doesn’t fighting over the subject imply that you’re accepting the notion that Bain only went all predatory and pirate-ish as a result of Thoroughly Moral Mitt’s departure? And isn’t that really the wrong question to be asking, and doesn’t that really make you sort of a sap? Discuss.

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Cagle

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Today:

The President will hold campaign rallies in Glen Allen (Richmond) and Centreville (Northern VA.).

The rally at Centreville High School starts at 4 p.m. ET – not sure yet about the Glen Allen speech.

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Morning everyone ;-)

13
Jul
12

This and That

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Next up:

12:55: President Obama delivers remarks at a campaign event at Green Run High School in Virginia Beach

Arriving at Norfolk International Airport with former Virginia Governor Tim Kane and Senator Mark Warner

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President Barack Obama meets with military spouses during a stop at Rick’s Cafe in Virginia Beach

President Obama holds baby Kerry Christophe as he greets well-wishers after meeting with military spouses at Rick’s Cafe

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No pressure Willard ;-)

13
Jul
12

Rise and Shine

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Cagle

Michael Tomasky: With his incendiary speech to the NAACP, Mitt crossed an ugly line. No longer simply spineless and disingenuous, he’s now become a race-mongering pyromaniac.

Until yesterday, I thought of Mitt Romney as a spineless, disingenuous, and supercilious but more or less decently intentioned person who at least wasn’t the race-mongering pyromaniac that some other Republican candidates of my lifetime have been. Then he gave his speech to the NAACP, and now I think of him as a spineless, disingenuous, supercilious, race-mongering pyromaniac who is very poorly intentioned indeed, and woe to us if this man sets foot in the White House as anything but a tourist.

Let’s bat the easy charges out of the way first. Spineless? Please. He’s taken every position the Tea Party base has asked and a few they didn’t. Disingenuous? Easy. Either he’s lying now about health care, abortion rights, his support for Ronald Reagan, and his posture toward Grover Norquist’s no-tax pledge, or he was lying then. Supercilious? Seems appropriate and perhaps even a bit mild for a man who made fun of NASCAR fans’ rain ponchos and a working-class family’s cookie service.

But he wasn’t a race-baiter until yesterday….

More here

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Cagle

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Today:

9:40: President Obama departs the White House

10:40: Arrives in Norfolk, Virginia

12:55: Delivers remarks at a campaign event at Green Run High School in Virginia Beach

2:40: Departs Norfolk, Virginia en route Hampton, Virginia

3:05: Arrives in Hampton

4:25: Delivers remarks at a campaign event at Phoebus High School, Hampton

5:30: Departs Hampton, Virginia en route Roanoke, Virginia

7:05: Speaks to supporters at a fire station in Roanoke

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Morning everyone ;-)

12
Jul
12

Rise and Shine

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NYT Editorial: … Mr. Obama can make a convincing case that his policies — especially the stimulus and auto industry rescue — helped cushioned the effects of the recession he inherited, which pushed the jobless rate from an already elevated 7.8 percent in January 2009 to 10 percent by October 2009. It has come down, more or less, steadily since then. But it is still higher than when he took office — a point that Mitt Romney and Congressional Republicans have seized upon as evidence of failed policies.

Actually, it was the Republicans’ relentless opposition to constructive policies that has kept unemployment high, from their resistance to the 2009 stimulus to their blockage of Mr. Obama’s proposed $450 billion jobs bill in late 2011. Federal aid to states was a mainstay of both of those efforts. As the stimulus ended and further aid was delayed and denied, the effect on state budgets — and on jobs — has been catastrophic.

… if it weren’t for state and local budget austerity, the economy would have 2.3 million more jobs today, and the unemployment rate would be around 7 percent, not 8 percent. The lesson is that the best and easiest way to reverse job losses would be for Congress to provide fiscal aid to states. Thwarting such aid, as Republicans have done, is a way to keep unemployment elevated and their hopes to win the White House alive. Jobless Americans, struggling businesses and hard-pressed communities are hostages in the fray.

Full editorial here

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The Nation: GOP Votes on Healthcare Versus Jobs Legislation:

Thanks Dudette

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Cagle

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Nicholas D. Kristof (NYT): Obama’s Fantastic Boring Idea

The farm fields here (in Malawi) are cemeteries of cornstalks: a severe drought has left them brown, withered and dead. Normally, a failed crop like that signifies starvation.

Then television cameras arrive and transmit images of famished children into American and European living rooms. Emergency food shipments are rushed in at huge expense.

Yet there is a better way, and it’s unfolding here in rural Malawi, in southern Africa. Instead of shipping food after the fact, the United States aid agency, U.S.A.I.D., has been working with local farmers to promote new crops and methods so that farmers don’t have to worry about starving in the first place.

…. President Obama has made agriculture a focus of his foreign aid programs with mixed results. On the plus side, these initiatives are smart, cost-effective and potentially transformative. On the negative side, they’re boring. At a time when there’s a vigorous political debate in America about foreign aid, outreach to African farmers doesn’t wow Congress or the American people.

But if it’s boring, it’s also succeeding.

More here

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10:30: VP Biden delivers remarks at the NAACP 2012 Annual Convention in Houston

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Morning everyone ;-)




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