Posts Tagged ‘rich



09
Jul
12

This and That

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Carnegie Mellon University (Flickr)

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Sandusky, Ohio (Flickr)

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Chat away😉

09
Jul
12

Rise and Shine

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Greg Sargent: …. Today Obama will try to go on offense on what Dems hope will be a defining issue of the campaign: Taxes on the rich. He will announce in a Rose Garden speech that he wants Congress to extend the Bush tax cuts for those under $250,000.

Republicans are already bashing the move as a threatened tax hike on “small businesses.” (They said the same thing about proposed tax hikes on those over $1 million; they’ll make this claim no matter what the cutoff is.) But this is a fight the Obama camp wants. It goes directly to the way the Obama team hopes swing voters will perceive this election: As a battle over which side really has the middle class’s interests at heart.

Obama has said the single greatest obstacle to bipartisan compromise on how to move the country forward is the GOP refusal to entertain even a penny more in taxes from the rich, and has called on voters to break that “stalemate.” This move is designed to highlight the cause of this stalemate — to deepen this contrast with Republicans, by putting them in the position of opposing the middle class tax cut extension unless it’s paired with an extension of tax cuts for the rich, revealing whose interests the GOP is protecting.

More here

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Paul Krugman: Once upon a time a rich man named Romney ran for president. He could claim, with considerable justice, that his wealth was well-earned, that he had in fact done a lot to create good jobs for American workers. Nonetheless, the public understandably wanted to know both how he had grown so rich and what he had done with his wealth; he obliged by releasing extensive information about his financial history.

But that was 44 years ago. And the contrast between George Romney and his son Mitt — a contrast both in their business careers and in their willingness to come clean about their financial affairs — dramatically illustrates how America has changed.

More here

Thanks Dotster, I missed this yesterday

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Cagle

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11:50: President Obama delivers a statement calling on Congress to extend the Bush tax cuts for lower and middle-income taxpayers

12:30: Press Briefing by Press Secretary Jay Carney

2:00: The President is interviewed by regional television outlets

4:15: Attends a campaign event at the Mandarin Oriental Hotel, Washington, DC (Closed Press)

5:20: Attends a campaign event at the Mandarin Oriental Hotel, Washington, DC (Closed Press)

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Morning everyone😉

20
Jun
12

Rise and Shine

President Barack Obama returns to the White House from the Los Cabos G-20 Summit, June 20

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Sensible people, of course, ignore polls at this point ….. so, I’m sure most of the media will ignore this one:

Bloomberg: Barack Obama has opened a significant lead over Mitt Romney in a Bloomberg National Poll … Obama leads Romney 53% to 40% among likely voters …

The survey shows Romney has yet to repair the damage done to his image during the Republican primary. Thirty-nine percent of Americans view him favorably, about the same as when he announced his presidential candidacy last June, while 48% see him unfavorably – a 17% point jump during a nomination fight dominated by attacks ads. A majority of likely voters, 55%, view him as more out of touch with average Americans compared with 36% who say the president is more out of touch….

……. Beyond Romney’s low favorability ratings, the poll reflects perceived weaknesses for the Republican challenger both in style and substance. Only 31 percent of likely voters say they’d want to sit next to Romney on a long airplane flight, compared with 57 percent who prefer Obama as a seat mate.

Full article here

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Washington Post: The seven Bain Capital founders believed they were so destined to make millions that the young men posed for a photo on the grand marble staircase of Boston’s Copley Place with $10 and $20 bills popping out of their shirt collars, tucked behind their eyeglasses and clutched in their teeth.

… At the 1984 photo shoot, Romney and his partners were celebrating not only their new company but also the ethos of their era …. years later, as Romney pursued the presidency, the photo surfaced on the front page of the Boston Globe, part of the newspaper’s 2007 biographical series about Romney…

“I was stunned when I saw it,” said Graham, who was not in the picture. “I was upset. I thought it was tacky. I thought it was inappropriate. They must’ve done it in a moment of giddiness.”

…. Robert Shrum, a longtime Democratic strategist … called it “an iconic image of what could be perceived of greed or a total focus only on the bottom line and making a buck. That’s why it’s so powerful. It’s iconic.”

… The founders came to Bain from different backgrounds, yet they were a homogenous group. Each was white and male, and by 1994, a decade after the company started, there were still no black or Hispanic employees among the 40 professionals and eight support staff members, the Boston Globe reported at the time.

Full article here

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Washington Post: Republicans’ emerging problem with Latino voters looks even worse when you factor in the electoral college.

A look at Latino population trends in swing and key red states shows just how ominous the GOP’s future could be if it doesn’t do something about its current struggles with Latino voters.

We noted yesterday that nationwide population and minority voting trends paint a haunting picture for the GOP. But the problem is particularly acute because of the states where Latino growth has been strongest — particularly several key swing states and red states that Democrats are hoping to put in play in the coming elections…..

More here

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Cagle

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Washington Post: The tax reform plan that House Republicans have advanced would sharply cut taxes for the wealthiest Americans and could leave middle-class households facing much larger tax bills, according to a new analysis set to be released Wednesday.

The report, prepared by Senate Democrats and reviewed by nonpartisan tax experts, marks the first attempt to quantify the trade-offs inherent in the GOP tax package, which would replace the current tax structure with two brackets — 25 percent and 10 percent — and cut the top rate from 35 percent.

…. The net result: Married couples in that income range would pay an additional $2,700 annually to the Internal Revenue Service, on top of the tax increases that are scheduled to hit every American household when the George W. Bush-era cuts expire at the end of the year.

Households earning more than $1 million a year, meanwhile, could see a net tax cut of about $300,000 annually.

Full article here

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Denver Post: First lady Michelle Obama will speak in Colorado today as part of an outreach campaign aimed at grassroots supporters.

…. she will start the two-stop state tour at Arapahoe High School in Centennial at 10:30 a.m. and will then travel to the Creative Arts Building at the Colorado State Fairgrounds in Pueblo around 1:40 p.m.

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Thanks Jovie

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Morning everyone😉

27
Feb
12

evening all

First Lady Michelle Obama and Dr. Jill Biden talk outside the State Dining Room before addressing the National Governors Association annual meeting at the White House, Feb. 27, 2012. (Official White House Photo by Lawrence Jackson)

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Tuesday: PBO will deliver remarks at the United Auto Workers conference in Washington, DC.

Wednesday: PBO and the First Lady will host a dinner at the White House to honor Armed Forces, who served in Iraq, and their families.

Thursday: PBO will travel to Nashua, New Hampshire, and deliver remarks on the economy. In the evening, the President will attend campaign events in New York City.

Friday: PBO will travel to the Walter Reed National Military Medical Center in Bethesda, Maryland, to visit with wounded service members.

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Toronto Star: When Mitt Romney regaled a Michigan audience this week with childhood memories of a landmark moment in Detroit history, it was a rare instance of emotional candour.

And, perhaps, an even rarer example of time travel.

Romney recalled he was “probably 4 or something like that” the day of the Golden Jubilee, when three-quarters of a million people gathered to celebrate the 50th anniversary of the American automobile.

“My dad had a job being the grandmaster. They painted Woodward Ave. with gold paint,” Romney told a rapt Tea Party audience in the village of Milford Thursday night, reliving a moment of American industrial glory.

The Golden Jubilee described so vividly by Romney …. took place June 1, 1946 – fully nine months before Romney was born…..

More here

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Slate: …. In January, workers in the manufacturing sector worked an average of 41.9 hours per week. That same figure was reached for a few months during the winter of 1997-1998, but the last time it was actually higher than that was July of 1945 when America’s factories were working overtime to fight and win World War II….

We’re at the point, in other words, where just to sustain current levels of output American factories are going to need to start adding workers.

More here

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Change You Can Believe In:

Yahoo: Five months after the military’s ban on openly gay service expired, a photo of a young gay Marine’s homecoming kiss has gone viral. Nearly 15,000 people have liked the picture on Facebook, which was posted in a group for gay Marines on Saturday.

The Marine, Brandon Morgan, posted a response on his Facebook wall according to the JoeMyGod blog. “To everyone who has responded in a positive way. My partner and I want to say thank you. Dalan, the giant in the photo, can’t believe how many shares and likes we have gotten on this. We didn’t do this to get famous,or something like that we did this cause after 3 deployments and four years knowing each other, we finally told each other how we felt,” Morgan wrote.

More here

Thanks Bob and Lisa

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ThinkProgress: An article in The Hill today describing the results of a new poll inaccurately reports that voters want “a lower tax bill” for wealthy individuals and businesses. If anything, the poll shows the opposite.

In tax policy, it’s critical to distinguish between marginal tax rates and effective tax rates … The Hill article fails to sort out this very basic distinction, then proceeds to make a number of apples-to-oranges comparisons that paint a misleading picture of what wealthy people and corporations are paying in taxes now and what people want them to pay.

….. Having repeatedly confused marginal and effective rates, the article misinterprets the poll results to conclude that people want “a lower tax bill” for individuals and corporations….

….Here’s a better explanation: Voters understand what The Hill does not – that wealthy people and corporations actually pay taxes at much lower rates than the top marginal rates on the books. And when asked what they think the “most appropriate” rates should be, a majority of people cite rates that are higher than what the wealthy and corporations are actually paying now.

More here

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Washington Post (Editorial): At a time of record debts and deficits, the two leading Republican presidential candidates are proposing a path on taxes and spending likely to add trillions more. That’s the sobering conclusion of the nonpartisan Committee for a Responsible Federal Budget (CRFB), whose board includes six Republican former lawmakers with expertise in budget issues, three Republican former heads of the Congressional Budget Office, and two former Office of Management and Budget directors under Republican presidents.

Full article here

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NY Mag: Of the various expressions of right-wing hysteria that have flowered over the past three years –  goldbuggery, birtherism, death panels at home and imaginary apology tours by President Obama abroad – perhaps the strain that has taken deepest root within mainstream Republican circles is the terror that the achievements of the Obama administration may be irreversible, and that the time remaining to stop permanent nightfall is dwindling away.

… The GOP has reason to be scared. Obama’s election was the vindication of a prediction made several years before…. that demographic and political trends were converging in such a way as to form a ­natural-majority coalition for Democrats.

… if they lose their bid to unseat Obama, they will have mortgaged their future for nothing at all. And over the last several months, it has appeared increasingly likely that the party’s great all-or-nothing bet may land, ultimately, on nothing. In which case, the Republicans will have turned an unfavorable outlook into a truly bleak one in a fit of panic. The deepest effect of Obama’s election upon the Republicans’ psyche has been to make them truly fear, for the first time since before Ronald Reagan, that the future is against them.

Full article here

Thanks Loriah

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The Week

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Anti-Romney Robocall From “Democrats For Santorum”:

🙄

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Yikes, I can’t remember who posted this today – whoever you are, thank you!

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Nick Anderson

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Thanks Symmetry!!!

05
Jan
12

evening all (updated, a whole bunch of times)

Yesterday in Ohio

President Barack Obama greets neighbors outside the home of William and Endia Eason in Cleveland, Ohio, Jan. 4, 2012

(Despite having the latest version, I can’t see these Videopress videos with Firefox any more, but I can with Safari. What’s up with Firefox?!)

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NYT: For the first time in many years, manufacturing stands out as an area of strength in the American economy.

When the Labor Department reports December employment numbers on Friday, it is expected that manufacturing companies will have added jobs in two consecutive years. Until last year, there had not been a single year when manufacturing employment rose since 1997.

More here

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Thanks John McCain!!

Thanks Loriah

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David Rothkopf (Foreign Policy): …. the Obama track record on many fronts is much better than the administration gives itself credit for. They could be doing much, much more to tout what is an impressive litany of successes.

While the list of those successes is long and compelling-defeating Bin Laden, getting out of Iraq, helping to oust Qaddafi, restoring our reputation internationally, resetting our international priorities to better coincide with our long term interests (the “pivot” to a focus on Asia), producing meaningful healthcare reform, producing significant financial services reforms, stopping the downward spiral in the economy and laying the foundations of recovery, etc. – let me focus on three areas that deserve much more attention and appreciation ….. ** See article **

…. the president is actually doing remarkably well in the world’s toughest job right now, and he is and has been doing so under truly extraordinarily adverse circumstances. This is one of those circumstances in which the substance is better than the PR – and it’s time for the White House’s political and communications brain trust to get out a clean sheet of paper and begin to make new and better plans for claiming the credit the Obama team deserves.

Full article here

Thanks cat48

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Friday:

11:40: PBO delivers brief remarks at the Consumer Financial Protection Bureau.

12:15: PBO has lunch with winners of a campaign contest.

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The Hill

Thanks Liberal Librarian

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Thanks Meta

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Jonathan Cohn: Should President Obama use the recess appointment power when Republicans in Congress refuse even to consider his nominees? You better believe it.

Not only are Republicans blocking Obama’s nominations at a record rate. They are doing so in order to impose their own ideological agenda and, in some cases, to undermine duly passed laws they don’t like but can’t repeal.

That’s a modern-day form of nullification … Obama would be derelict in his duties if he did not use every inch of executive branch authority to overcome it.

…. based on a series of conversations today, I think Obama was within his rights after all.

Full post here

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TPM: Mitt Romney’s tax plan is more complex than those of his current and erstwhile primary competitors. But in broad effect it accomplishes the conservative goal of dramatically lowering taxes on the wealthy at the expense of the lower and middle classes.

Full post here

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Thanks Hopefruit

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Thanks nintendowii10

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You can buy this screenprint at the OFA store – here

Thanks GoBrooklyn

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Chicago HQ

13
Oct
11

two photos….

OFA: Bursting at the seams: field staff from across the country squeeze in to the Chicago HQ to hear from National Field Director Jeremy Bird at the end of last week’s all-staff training.

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Yep, that’s Mitt in the middle

ThinkProgress

Thanks Meta

13
Oct
11

catching up

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Friend –

Remember that deadline we kept emailing you about a couple weeks ago? Here’s what you should know about what we’ll report to the FEC tomorrow:

– In the third fundraising quarter of this year, 606,027 people donated to this campaign – even more than gave in the record-breaking previous quarter.

– Those people gave more than 766,000 total donations – 98 percent of them $250 or less, at an average amount of $56. That’s more than twice as many donations than we had at this point in the historic 2008 campaign.

– Together, Obama for America and the DNC raised more than $70 million. And it all happened during a summer when the President was focused on doing the job he was elected to do – a summer when we had to cancel a series of fundraising events and ask everyone to dig a little deeper.

If I could sum up this last quarter in a few words: Supporters like you came through.

Here’s even bigger news: Right now, 982,967 people have donated to this campaign. We’re within striking distance of 1 million donors.

…. Thanks for all you did to get us here. I’m excited for what’s ahead, and I hope you’ll take part in the push to 1 million grassroots donors today.

Match someone’s pledge, double your impact, and become part of the first million today:

Donate here

Thanks,

Jim Messina
Campaign Manager
Obama for America

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President Obama and South Korean President Lee Myung-bak shake hands during their joint news conference in the East Room at the White House

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NYT Editorial: It was all predicted, but the unanimous decision by Senate Republicans on Tuesday to filibuster and thus kill President Obama’s jobs bill was still a breathtaking act of economic vandalism. There are 14 million people out of work, wages are falling, poverty is rising, and a second recession may be blowing in, but not a single Republican would even allow debate on a sound plan to cut middle-class taxes and increase public-works spending.

…. The Republicans offer no actual economic plans, only tired slogans about cutting regulations and spending, and ending health care reform…. Their lack of serious ideas was on full display in both the Senate and the presidential debate on Tuesday night in New Hampshire. The debate was ostensibly about the economy, but when the freshest and most-talked-about idea is Herman Cain’s ridiculous “9-9-9” tax plan, it is clear that the economy they were debating is not the one Americans are forced to live in…..

The other candidates were no less vacuous. Mitt Romney offered an ash heap of used ideas … Rick Perry, when he could be stirred to speak, vowed to somehow put 1.2 million people to work in the energy industry, as if the whole country were Texas and drills could pop up on every block.

Republican candidates fear the Tea Party too much to acknowledge that economists are solidly behind government intervention to awaken growth …. But at least the record is increasingly clear who is advocating real ideas and who is selling an empty vessel.

Full editorial here

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First Lady Michelle Obama and South Korea’s First Lady Kim Yoon-Ok arrive to watch a musical performance during a visit to Annandale High School

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Greg Sargent: The public really likes the Obama jobs policies that the GOP blocked: The internals of the NBC/WSJ poll are now up online. Check out this bit:

The jobs bill would cut the payroll tax rate, fund new road construction, continue to extend unemployment benefits, and give tax credits to companies who hire and train long-term unemployed workers. The plan would be paid for by increasing taxes on the wealthy and increasing taxes on businesses by closing some corporate tax loopholes. Do you favor or oppose this plan?

Favor 63

Oppose 32

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13
Oct
11

morning ;-)

The Obama campaign announced in an email this morning that the president’s reelection effort and the Democratic National Committee raised a combined $70 million in the third quarter of the year:

— In the third fundraising quarter of this year, 606,027 people donated to this campaign — even more than gave in the record-breaking previous quarter.

— Those people gave more than 766,000 total donations – 98 percent of them $250 or less, at an average amount of $56. That’s more than twice as many donations than we had at this point in the historic 2008 campaign.

— We are focused on building infrastructure that will help us win in 2012. And each quarter we set a combined goal for the campaign and our allies at the Democratic National Committee. We far exceeded our goal of $55 million this quarter between the two organizations. Great work.

— Together, Obama for America and the DNC raised more than $70 million. And it all happened during a summer when the President was focused on doing the job he was elected to do — a summer when we had to cancel a series of fundraising events and ask everyone to dig a little deeper.

The Obama campaign raised $42.8 million on its own and the DNC took in $27.3 million, an Obama campaign official said.

The announcement follows an $86 million second quarter for Obama and the DNC, and sets up the president to outraise by far the whole GOP field, combined, in back to back fundraising periods.

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(Video takes 10 seconds to start! Thanks Tally)

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Today:

9:0 President Obama, Vice President Biden and First Lady Michelle Obama welcome South Korean President Lee and First Lady Kim to the White House

11:0 The First Lady invites the Republic of Korea’s First Lady Kim Yoon-ok to Annandale High School in Virginia

11:05 The President holds a bilateral meeting with President Lee and official U.S. and South Korean delegations

12:20 The President holds a joint press conference with President Lee

7:0 The President and First Lady welcome South Korean President Lee and First Lady Kim to the White House for a state dinner

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04
Oct
11

‘republican job creation’

Republicanjobcreation.com

This is a terrific website, spotted by nintendowii10 – thank you! I’ll add it to the blogroll here so the link will be there when you want it.

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04
Oct
11

did you get the memo?

TPM: ….. In a new strategy memo by press secretary Ben LaBolt, Obama’s re-election team ripped into the GOP field as too conservative to win over the middle on issues ranging from taxes to immigration:

From economics to immigration, the Republican field have embraced policies that the American people oppose. The campaign to win the Republican nomination has become a campaign to win the hearts and minds of the Tea Party. They would return to policies that have been tried before and done nothing to improve economic security for the middle class, rewarding special interests who can afford to pay for lobbyists instead of looking out for working families.

While the President is fighting to create jobs and put money in the pockets of middle class Americans, the Republican candidates have proposed extending tax breaks for large corporations and tax cuts for the wealthiest while allowing special interests to write their own rules.

The Republican candidates universally want to repeal the protections that the President put in place to prevent another financial crisis and instead allow banks to write their own rules….

…. America’s future will be defined by the success of our middle class, but the Republican candidates are positioning themselves as champions for large corporations and special interests whose plans would leave working families in the lurch.

Read the full memo here

Thanks desertflower




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