Posts Tagged ‘rich

26
Nov
12

Rise and Shine

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Matthew Yglesias: Obama’s 2010 Lame Duck Tax Deal Was a Triumph, Not A Sellout …. David Corn has an interesting piece (see below) pushing back on the myth of the Obama cave-in, but I’d go further – the deal was a triumph …

….. Obama secured a deal that extended the middle class tax cuts, extended UI benefits, created a stimulative payroll tax holiday, cleared the legislative decks for Don’t Ask Don’t Tell repeal and the passage of the New START arms control treated, and in exchange he gave up nothing of any real substance ….  now he gets to play that leverage from a somewhat stronger economic and political context. It’s totally solid legislative dealmaking, and not any kind of cave-in or surrender.

Full post here

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David Corn (Mother Jones):  ….. Obama didn’t wave the white flag in 2010. He turned a face-off over the Bush tax cuts into an opportunity to enact a second stimulus that he otherwise could not get past Senate Republicans. His failure at that time was not that he mustered insufficient mettle; he failed to convey to the world that he had ju-jitsued the GOPers.

….  no one ought to forget that Obama, a progressive in his policy preferences, remains a pragmatist. What happened two years ago is not an indication that Obama is likely to yield in the new face-off, but that he will be assessing the political dynamics in gridlocked Washington and be willing to bargain hard for a good deal with true benefits. That’s not caving in. It’s governing.

Full post here

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NYT: When Tea Party activists swamped town hall-style meetings about health care in the summer of 2009, President Obama’s army of campaign volunteers largely stayed away ….. now, Mr. Obama is seizing a second chance to keep his election-year supporters animated.

With lawmakers scheduled to return to work on Monday to begin intense discussions before a looming fiscal deadline, Mr. Obama’s aides are trying to harness the passions that returned him to the White House, hoping to pressure Republicans in Congress to accept tax increases on the wealthy. The president’s strategists are turning first to the millions of e-mail addresses assembled by the campaign and the White House.

Already, supporters are being asked to record YouTube videos of themselves talking about the importance of raising taxes on the rich. Aides said those videos would be shared on Facebook and Twitter and would be forwarded to centrist Democrats, as well as to mainstream Republicans, who they hope will break with their Tea Party colleagues.

More here

More from Steve Benen here

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14
Nov
12

Rise and Shine

President Obama talks with Lt. Gen. Doug Lute, Deputy Assistant to the President and Coordinator for South Asia, left, and National Security Advisor Tom Donilon in the Oval Office, Nov. 13 (Pete Souza)

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Today:

10:0 House Minority Leader Nancy Pelosi addresses reporters (C-Span)

1:30: President Obama holds a news conference

2:45: President Obama and VP Biden attend a meeting with business leaders

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McClatchy: President Obama assured labor unions and liberal organizations Tuesday that he’s firmly committed to letting tax cuts for higher incomes expire as scheduled at the end of the year….

Obama met with the labor and liberal groups for an hour at the White House, his first extended meeting with anyone from outside his administration since he won re-election a week ago. He told them he’s committed to raising taxes on higher incomes as he negotiates with Congress on avoiding the “fiscal cliff” of automatic tax increases when Bush-era tax cuts expire at the end of the year and automatic spending cuts negotiated during last year’s debt crisis kick in.

“President Obama today strongly reiterated his steadfast commitment to ensuring that the Bush tax cuts for the wealthiest 2 percent finally end Dec. 31 and to protecting the middle class in the process,” said Justin Ruben, executive director of MoveOn.org….

More here

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ThinkProgress

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Mother Jones (thanks Melanie)

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NYT

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Link

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Cagle

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Dana Milbank: President Obama’s opponents have unwittingly come up with a brilliant plan to avoid the “fiscal cliff.” They want to secede from the union.

If Obama were serious about being a good steward of the nation’s finances, he’d let them.

…. a large number of patriotic Americans, mostly from states won by Mitt Romney last week, have petitioned the White House to let them secede. They should be careful about what they wish for…..

Red states receive, on average, far more from the federal government in expenditures than they pay in taxes. The balance is the opposite in blue states. The secession petitions, therefore, give the opportunity to create what would be, in a fiscal sense, a far more perfect union.

…. would-be rebels from the red states should keep in mind during the coming budget battle that those who are most ardent about cutting government spending tend to come from parts of the country that most rely on it.

Full article here

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Cagle

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Cagle

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Now 7.5 million views:

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Moooooooorning everyone!

08
Oct
12

Rise and Shine

The Nokia Theater, Los Angeles, October 7 (MSNBC/Reuters)

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Today:

PDT / ET

8:50 / 11:50: President Obama departs Los Angeles

9:45 / 12:45: Arrives Bakersfield, CA

10:35 / 1:35: Tours the Memorial Garden at Chávez National Monument, Keene

11:15 / 2:15: Announces the establishment of the César E. Chávez National Monument

12:35 / 3:35: Departs Bakersfield

1:40 / 4:40: Arrives San Francisco

4:0 / 7:0: Attends a campaign event at the InterContinental San Francisco (closed press)

7:15 / 10:15: Delivers remarks at the Bill Graham Civic Auditorium, San Francisco (print pool coverage)

9:40 / 12:40: Delivers remarks at the Bill Graham Civic Auditorium (pooled for television)

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(Kevin Winter/Getty)

(AP Photo/Mark J. Terrill)

(Jay Clendenin, LA Times)

Nokia Theater, Los Angeles, Oct 7 (Kevin Winter/Getty)

Text of the President’s remarks at the Nokia Theater here – the video should be up on C-Span today

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25
Sep
12

Rise and Shine

GottaRegister

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10:45: Vice President Joe Biden delivers remarks at a campaign event in Chesterfield, Virginia

(Don’t forget The View today)

1:25: President Obama departs New York City

2:35: Arrives at the White House

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NYT Editorial: Mitt Romney …. told CBS News’s “60 Minutes” that he is tied with President Obama; he has a “very effective campaign; it’s doing a very good job” …. That’s an outright denial of political reality, but Mr. Romney’s willingness to stray from the truth is at the root of what’s really going on….

To some extent, Mr. Romney’s diminishing stature is because of two recent statements that revealed his deficiencies to a newly interested audience. He falsely suggested that the Obama administration was sympathetic to the violent Muslim protests in Libya and Egypt, illustrating his ignorant and opportunistic critique of foreign policy. And he was caught on video belittling nearly half the country for an overreliance on government handouts.

These moments, though, were not fumbles or gaffes. They were entirely consistent with the dismissive attitude Mr. Romney has routinely shown toward non-Americans or the non-rich….

Mr. Romney is free to pursue this shallow, cavalier campaign for six more weeks, but he shouldn’t be surprised if voters increasingly choose not to pay attention.

Full editorial here

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BBC: America’s sixth-largest credit card issuer has agreed to pay $200m in refunds to settle accusations it misled customers into add-on services.

Discover Bank will also pay a $14m fine, after regulators said it enrolled clients in schemes such as credit monitoring, without consent.

It is the third public enforcement action taken by the Consumer Financial Protection Bureau (CFPB).

More than 3.5 million customers are to receive refunds. About two million of them will be repaid all the charges against them.

More here

Thank you amk

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24
Sep
12

Rise and Shine

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1:05: The President departs the White House en route Joint Base Andrews

1:20: Departs Joint Base Andrews

2:15: Arrives New York City

4:10: The President and First Lady tape an appearance on “The View” (will air on Tuesday, Sept 25 at 11:0 AM ET)

8:20: The President and First Lady attend a reception for visiting Heads of State and Government, Waldorf Astoria

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The President on 60 Minutes

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NYT: Mitt Romney has just come off a couple of rough news weeks in his quest for the presidency, but if Clyde Tennyson, 62, of Hampton, Va., is as typical of the baby boom generation as polling data seem to suggest, there is more bad news to come.

Mr. Tennyson voted for Senator John McCain in the 2008 presidential election….. This time, he says he’s voting for President Obama, a shift that a sizable number of his fellow boomers are making, according to recent polling data.

…. What is moving the baby boom voters? It may be Medicare … Lark McDonald, 51, who owns a small business in the Denver area, says he voted for Mr. McCain last time, and usually votes a straight Republican ticket, but is leaning toward Mr. Obama. He worries that the Republicans are moving too far right, he said, but he is also concerned they will dismantle the Obama health care program and make major changes in Medicare…..

…. In the last election, Howard Litvack, 53, a finance manager of a car dealership in Franklin, Tenn., backed Ralph Nader, as a protest vote. This time, he says, he’s voting for Mr. Obama. “It’s more important this time to have my vote count,” he said. “There’s more at stake.”

Full article here

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Washington Post: …. The notion that Obama has skipped his intelligence briefings was promoted by a right-leaning research group called the Government Accountability Institute….

….. Ultimately, what matters is what a president does with the information he receives from the CIA. Republican critics may find fault with Obama’s handling of foreign policy. But this attack ad turns a question of process — how does the president handle his intelligence brief? —into a misguided attack because Obama has chosen to receive his information in a different manner than his predecessor.

As it turns out, no president does it the exact same way. Under the standards of this ad, Republican icon Ronald Reagan skipped his intelligence briefings 99 percent of the time.

More here

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Cagle

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 Paul Krugman: Mitt Romney is optimistic about optimism. In fact, it’s pretty much all he’s got. And that fact should make you very pessimistic about his chances of leading an economic recovery.

As many people have noticed, Mr. Romney’s five-point “economic plan” is very nearly substance-free. It vaguely suggests that he will pursue the same goals Republicans always pursue — weaker environmental protection, lower taxes on the wealthy. But it offers neither specifics nor any indication why returning to George W. Bush’s policies would cure a slump that began on Mr. Bush’s watch.

In his Boca Raton meeting with donors, however, Mr. Romney revealed his real plan, which is to rely on magic. “My own view is,” he declared, “if we win on November 6, there will be a great deal of optimism about the future of this country. We’ll see capital come back, and we’ll see — without actually doing anything — we’ll actually get a boost in the economy.”

Are you feeling reassured?

Full article here

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Rupert Cornwell (UK Independent): Has there ever been as inept a recent presidential candidate as Mitt Romney? By comparison Al Gore and John Kerry, both mocked in their day as wooden and robotic, were models of empathy, nimbleness and lightness of touch. The Romney campaign, moreover, is supposed be the tightest-run of ships. Instead it – or more exactly its standard-bearer – generates gaffes by the boatload.

….. for Mitt Romney this time, there may be no recovery. The candidate wants to depict himself as a problem-solving businessman, seeking to improve life for everyone. Instead he has merely reinforced the stereotypical image put about by his opponents that he is a country-club elitist, a Darwinian capitalist who neither understands nor cares one whit about the problems faced by ordinary, less fortunate citizens.

…. It is hard to see now how he rights the ship… The astonishing thing is that he should know better. Mr Romney went through the presidential campaign meat-grinder in 2008, yet he still makes the same mistakes …. Messrs Gore and Kerry were losers. Candidate Romney, barring a massive improvement in these final weeks, looks set to join them.

Full article here

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Cagle

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Michael Tomasky: Conservative columnists are lining up to dump on Romney. But the real problem isn’t the candidate or his campaign. It’s the Republican Party and its pathologies.

Yes, Mitt Romney had a week I wouldn’t wish on … well, Mitt Romney. Yes, his campaign is incompetent, as Peggy Noonan wrote Friday. Yes, there is something really off about the guy personally. But as conservatives like Noonan start in on Romney vilification, I feel the need to stand up and reiterate: Romney’s problems aren’t all Romney’s fault. They’re not even half his fault. They’re chiefly the fault of a movement and political party that has gone off the deep end. Almost every idiotic thing Romney has done, after all, can be traced to the need he feels to placate groups of people who are way out there in their own ideological solar system, with no purchase at all on how normal Americans feel and think about things. This is much the harder question for Noonan and others to confront, and they really ought to ponder it.

More here

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Cagle

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43 days until the election ….. 4 more for 44!

TOD fundraisers:

a4alice * Alycee * BWD * CollegeKay * Cookemom * DonnaDem4Obama

Hgerhard * HZ * Judith Fardig * Mae Who Love Our CIC

Marlz * Meta * Pamela *prettyfoot58 * proudmemberofglobalzero * Rita * Theo67 * The Obama Diary

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Morning everyone ;-)

23
Sep
12

‘Not One of Us’

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Monday: The President will travel to New York City to participate in the 67th Session of the United Nations General Assembly (UNGA). While in New York City, the President and First Lady will also tape an appearance on “The View.”

Tuesday: The President will deliver remarks to the UN General Assembly; the First Lady will attend the event. The President will then speak at the Clinton Global Initiative Annual Meeting. He will return to the White House in the evening.

Wednesday: The President will travel to Bowling Green and Kent, Ohio for campaign events.

03
Sep
12

Rise and Shine

Des Moines, September 1 (Scout Tufankjian for Obama for America)

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Today (all times ET)

12:30: President Obama delivers remarks at a campaign event at Scott High School in Toledo, Ohio.

3:10: Departs Toledo

5:25: Arrives in New Orleans

6:00: Receives a briefing at Emergency Operations Center, Saint John the Baptist Parish, La.

6:50: Tours damage caused by Hurricane Isaac

7:20: Delivers a statement at Saint John the Baptist Parish, La.

8:15: Departs New Orleans

10:45: Arrives at the White House

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Des Moines, September 1 (Scout Tufankjian for Obama for America)

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Cagle

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Click to read the rest of Rise and Shine

20
Aug
12

Rise and Shine

2:25 President Obama is interviewed by regional television (from Jacksonville, Fla., Norfolk, Va. and San Diego, Cal.) and a newspaper (the Virginia-Pilot, which covers the Norfolk and Hampton Roads areas)

6:15: The President and First Lady have dinner with winners of a campaign contest

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White House live

CNN streaming

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Eclectablog

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Daily Beast (August 11): Paul Ryan’s Extreme Abortion Views …. on abortion and women’s health care, there isn’t much daylight between Ryan and, say, Michele Bachmann ….. He believes ending a pregnancy should be illegal even when it results from rape or incest, or endangers a woman’s health….. More here

TPM (August 19): Mitt Romney’s presidential campaign : “Governor Romney and Congressman Ryan disagree with Mr. Akin’s statement. A Romney-Ryan administration would not oppose abortion in instances of rape”

NYT

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JSOnline: Odious remarks by GOP Missouri Senate candidate Cong. Todd Akin about how few pregnancies result from “legitimate rape” have done more than outrage people across the country and doom Akin’s bid to move up from the House.

It motivated the Romney campaign – already trailing among women voters in recent polls – to distance itself from Akin by assuring voters that Romney and Paul Ryan should they win in November, would not oppose raped women’s access to abortion.

“Governor Romney and Congressman (Paul) Ryan disagree with Mr. Akin’s statement, and a Romney-Ryan administration would not oppose abortion in instances of rape,” Romney spokeswoman Amanda Henneberg said.

You’d probably say that sounds reasonable and humane – except it was just three days ago that PolitiFact devoted a lot of space to this issue and found that while Romney backed abortions in cases of incest and rape, Ryan did not.

…. I think this will be a huge issue in the campaign. I don’t see how Romney and Ryan can sell this to the base, which will see it as a Ryan sellout or forced surrender ordered by Romney – a former moderate whom the base has never embraced.

…. Ryan’s roll out – embarrassed and side-tracked last week over his duplicity in blasting the Obama stimulus while soliciting its funds, then conceding his denials about the funding solicitations were indeed inaccurate – is unraveling more quickly than Sarah Palin’s.

Full post here

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Michael Tomasky: Todd Akin did not come up with this idea of “legitimate rape” on his own …. it’s been floating around in the mite-infested right-wing air since the 1980s….

…. If you’ve been reading about this since yesterday, you’ve probably come across the figure of 32,000 pregnancies per year in the United States that result from rape….

I have to say that number astonished and sickened me …. I read elsewhere that 1,870 women are raped every day in the land of the free. Do the math. The numbers check out. Holy crap. That’s like war. We’re living amidst a war. And what does Akin propose to do about it – and, for that matter, Paul Ryan?

…. Michelle Goldberg was on this case in January 2011, writing about HR 3, the bill that sought to make a distinction between “forcible rape” and “statutory rape” …. Two of the original cosponsors? Akin and Ryan.

Will this remark put Ryan on the spot? It damn well better. How many of those 1,870 women raped every day does he think weren’t really raped?

Full post here

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Washington Post editorial: …. Mitt Romney promises to lower everyone’s income tax rate without reducing revenue. This sounds terrific. Why didn’t we think of it sooner?

Mr. Romney says that he can achieve this seemingly magical result by “broadening the base” for income tax collection. This, too, sounds great. In principle, everyone favors “broadening the base,” also known as closing loopholes. But everyone favors closing someone else’s loopholes: those of oil companies, say, or of plutocrats who park their money in the Cayman Islands.

…. Recently the nonpartisan Tax Policy Center showed that Mr. Romney’s plan would by necessity help the rich and hurt the middle class …. Romney took strong issue with this conclusion. “They made garbage assumptions and they reached a garbage conclusion,” he said….

…. If these are “garbage assumptions,” why doesn’t Mr. Romney let us in on his own?….

In reality, his principles are mutually exclusive: You can’t simultaneously lower tax rates, take in as much money as before and protect the middle class …. It’s reasonable to assume that his cuts would, as did President Bush’s, worsen the nation’s deficit.

Until he’s willing to explain how he would avoid such a result, he has little standing to criticize Mr. Obama’s fiscal shortcomings.

Full editorial here

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Paul Krugman: Mitt Romney’s choice of Paul Ryan as his running mate led to a wave of pundit accolades. Now, declared writer after writer, we’re going to have a real debate about the nation’s fiscal future. This was predictable: never mind the Tea Party, Mr. Ryan’s true constituency is the commentariat, which years ago decided that he was the Honest, Serious Conservative, whose proposals deserve respect even if you don’t like him.

But he isn’t and they don’t. Ryanomics is and always has been a con game, although to be fair, it has become even more of a con since Mr. Ryan joined the ticket.

…. The question now is whether Mr. Ryan’s undeserved reputation for honesty and fiscal responsibility can survive his participation in a deeply dishonest and irresponsible presidential campaign.

…. So will the choice of Mr. Ryan mean a serious campaign? No, because Mr. Ryan isn’t a serious man — he just plays one on TV.

Full article here

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Morning everyone ;-)

09
Jul
12

Catching Up

President Barack Obama has interview prep in the Oval Office, July 9, 2012. (Official White House Photo by Pete Souza)

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Steve Benen: ….. President Obama spoke from the East Room of the White House this afternoon, making his case for extending a middle-class tax break. As was the case with Obama’s moves on immigration and marriage equality, it’s fair to say the president’s proposal is … clever.

…. Obama reminded the public of the taxes he’s already cut – “I wanted to repeat that because sometimes there’s a little misinformation out there and folks get confused about it,” he said – and highlighted the fact that trickle-down economics hasn’t worked. Obama added that the policy might look a lot different if the nation was still running a surplus.

But the meat of the pitch was making the case for extending lower tax rates for another year for those making under $250,000.

….Obama and his team don’t seem afraid of this fight in the slightest. On the contrary, they feel like they have the stronger hand — if Republicans give in and approve the president’s plan, Obama gets the political benefit; if Republicans are intransigent and fight for the rich, Obama gets the political benefit.

Full post here

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Tuesday: The President travels to Cedar Rapids, Iowa to deliver remarks at a campaign event and will return to Washington, DC in the evening.

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Hiya everyone, how was today on a 0-10 scale?




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