Tuesday, January 31, 2012
GOP Declares Obama Plan That Taxes Banks To Help Homeowners ‘Dead On Arrival’
GOP Declares Obama Plan That Taxes Banks To Help Homeowners ‘Dead On Arrival’: pWith the housing crisis still strangling a full economic recovery, President Obama used his State of the Union speech last week to call for further assistance to homeowners who have been able to stay current on their mortgages. The loosely-outlined plan would allow homeowners to refinance their mortgages at current low interest rates and would [...]/p
Nation’s Largest Cancer Charity Caves To Right Wing Pressure, Ends Relationship With Planned Parenthood
Nation’s Largest Cancer Charity Caves To Right Wing Pressure, Ends Relationship With Planned Parenthood: pSusan G. Komen for the Cure is the country’s best-known and best-funded breast cancer organization. Known for it’s iconic pink ribbon and annual Race for the Cure event, the organization has invested nearly $2 billion in cancer education and research since its founding in 1982. But today, bowing to political pressure, Komen for the Cure [...]/p
How Tax Cuts Are Causing Our Current And Future Budget Deficits
How Tax Cuts Are Causing Our Current And Future Budget Deficits: pThe Congressional Budget Office today released its latest budget projections, which show that the deficit in 2012 is expected to exceed $1 trillion and that economic growth is likely to slow over the next two years. Predictably, Republicans jumped to blame the large deficit on President Obama’s spending. “The President and his party’s leaders have [...]/p
The Financial Services Sector Bankrolls Spencer Bachus’ Campaign Account
The Financial Services Sector Bankrolls Spencer Bachus’ Campaign Account: pIn the fourth quarter of 2011, Rep. Spencer Bachus (R-AL) reported raising $388,895.26 in campaign contributions. According to a ThinkProgress analysis, at least 44 percent of that came from political action committees and individuals connected to real estate, insurance, banking, and finance industries — areas overseen by the House Financial Services committee Bachus chairs. According [...]/p
ExxonMobil Made $41.1 Billion In 2011, But Pays Estimated 17.6 Percent Tax Rate
ExxonMobil Made $41.1 Billion In 2011, But Pays Estimated 17.6 Percent Tax Rate: pExxonMobil had the largest profits of the Big Five oil companies in 2011, raking in $41.1 billion for the year. This 35 percent jump from last year is driven in large part by record-high oil prices. Today, the oil giant announced its fourth quarter profits of $9.4 billion, a 2 percent increase since 2010. Here [...]/p
Climatologist James Hansen on “Cowards in Our Democracies”
Climatologist James Hansen on “Cowards in Our Democracies”: pJR: “Leading climate scientists have given their support to a Freedom of Information request seeking to disclose who is funding the Global Warming Policy Foundation, a London-based climate sceptic thinktank chaired by the former Conservative chancellor Lord Lawson.” As the UK Guardian reported earlier this week, “James Hansen, the director of the Nasa Goddard Institute [...]/p
PERRspectives: Meet the Party of American Capitalism
PERRspectives: Meet the Party of American Capitalism
Unfortunately for the Republican ideologues now decrying class warfare, it's the Democratic Party which has been saving American capitalism since 1933.
Unfortunately for the Republican ideologues now decrying class warfare, it's the Democratic Party which has been saving American capitalism since 1933.
Sunday, January 29, 2012
Friday, January 27, 2012
Thursday, January 26, 2012
How Apple Sits On Billions And Makes Record Profits While Its Chinese Laborers Work In Deadly Conditions
How Apple Sits On Billions And Makes Record Profits While Its Chinese Laborers Work In Deadly Conditions: pApple, Inc. is undoubtedly one of the most powerful and profitable companies worldwide. Last quarter, Apple made $13.1 billion, it’s highest profits yet and a 117 percent jump from last year. Apple’s current CEO Tim Cook has increased his salary by six-fold and could very well be the highest paid CEO of 2011. But as [...]/p
Renewable Energy Standards: If It Ain’t Broke, Don’t Fix It
Renewable Energy Standards: If It Ain’t Broke, Don’t Fix It: pby Peter Fox Penner When your local utility buys more renewable energy to power your lights and computers, what more do you get besides the power? You get cleaner air, fewer respiratory health problems, and lower health-care costs. You get local jobs building and maintaining green power plants and a better foothold in the fast-growing, [...]/p
Wednesday, January 25, 2012
Billionaire Bill Gates Calls For Increasing Taxes On The Rich: ‘That’s Just Justice’
Billionaire Bill Gates Calls For Increasing Taxes On The Rich: ‘That’s Just Justice’: pLast night in his State of the Union address, President Obama once again urged Congress to pass the Buffett rule, noting that 25 percent of American millionaires pay less in taxes that millions of families in the middle-class. Republicans were quick to dismiss his request as “the politics of envy and division.” However, multi-billionaire Bill [...]/p
Five Good Economic Policy Ideas From Obama’s State Of The Union
Five Good Economic Policy Ideas From Obama’s State Of The Union: pDuring last night’s State of the Union, President Obama unveiled a series of proposals aimed at addressing growing income inequality, a shrinking middle class, and abuses by the nation’s biggest banks. “We will not go back to an economy weakened by outsourcing, bad debt, and phony financial profits. Tonight, I want to speak about how [...]/p
Tuesday, January 24, 2012
REPORT: What The Consumer Financial Protection Bureau Has Done For You Already
REPORT: What The Consumer Financial Protection Bureau Has Done For You Already: pRichard Cordray will make his first appearance on Capitol Hill today since President Obama recess appointed him as the first director of the Consumer Financial Protection Bureau. Senate Republicans blocked Cordray’s nomination — and promised to block anyone nominated for the director’s position — but now that the fledgling agency has a director, it can [...]/p
Boehner Promises To Revisit Medicare Privatization In This Year’s Budget
Boehner Promises To Revisit Medicare Privatization In This Year’s Budget: pDuring an appearance on Fox News Sunday, House Speaker John Beohner (R-OH) confirmed that Republicans won’t be backing away from plans to privatize the Medicare program this year — despite voters’ rejection of the plan — and will attempt to “pursue a bipartisan Medicare proposal in order to deflect Democratic attacks”: WALLACE: Will the House [...]/p
6 Facts About Mitt Romney’s Tax Returns
6 Facts About Mitt Romney’s Tax Returns: pAfter weeks of refusals and equivocation, Mitt Romney finally released his tax returns last night to a handful of media outlets, showing that he made $21.7 million in 2010 and $20.9 million last year. He only actually released one year of returns, 2010, and his estimated return for 2011, even though many have called on [...]/p
Monday, January 23, 2012
VIDEO: Mitt Romney’s Greatest Hits — Sympathy For The Corporation
VIDEO: Mitt Romney’s Greatest Hits — Sympathy For The Corporation: pUp until now, former Massachusetts Gov. Mitt Romney has been the presumed frontrunner of the GOP presidential candidates. But the recent focus on Romney’s tenure as head of the private equity firm Bain capital — a position which went a long way towards making Romney the approximately $190 to $250 million he’s now worth — [...]/p
Gingrich Used Gimmick To Avoid Paying Taxes On Millions In Income
Gingrich Used Gimmick To Avoid Paying Taxes On Millions In Income: pFormer House Speaker Newt Gingrich (R) caused a stir during last week’s Republican presidential primary debate when he released his 2010 tax return and revealed that he had paid a 31.5 percent tax rate on $3.14 million in income. The release came amid widespread calls for Gingrich’s fellow candidate, former Massachusetts Gov. Mitt Romney (R), [...]/p
British Members Of Parliament Call For Closure Of Romney’s Cayman Islands Tax Haven
British Members Of Parliament Call For Closure Of Romney’s Cayman Islands Tax Haven: pFormer Massachusetts Gov. Mitt Romney (R) admitted last week that his tax rate was about 15 percent because his income mainly comes from investments that are taxed at lower rates than normal income. Romney’s income is also bolstered by the fact that several of his investments — worth millions of dollars — take advantage of [...]/p
Saturday, January 21, 2012
Forecast The Facts Exposes America’s Climate-Denier TV Weathermen
Forecast The Facts Exposes America’s Climate-Denier TV Weathermen: pAmerica’s television meteorologists are the primary source of climate information for most Americans, and are second only to scientists — who have much less access to the general public — in the level of trust they are given. Yet more than half of TV weather reporters don’t believe in human-induced climate change, even as our [...]/p
Friday, January 20, 2012
FLASHBACK: Reagan Raises Capital Gains Taxes For First Time
FLASHBACK: Reagan Raises Capital Gains Taxes For First Time: pMuch has been said in recent days after Mitt Romney revealed that his effective tax rate is close to 15 percent — below that of many middle-class Americans — because much of his income comes from investment gains, which are taxed at lower rates than normal wages. But Flyod Norris reminds us in the New [...]/p
Mitt Romney Says He'll Stuff Capitalism 'Down President Obama's Throat'
Mitt Romney Says He'll Stuff Capitalism 'Down President Obama's Throat'
To be clear, what Mitt Romney is defending isn't capitalism. It's financialism. Here's a good summary of what financialism is:
“…financial instruments become progressively further removed from their role in supporting commerce in the real world and develop a life of their own, a weird shadow dimension, a hall of mirrors, a distorted alternate reality that intersects and reacts with the real economy in unpredictable and destructive ways.”
To be clear, what Mitt Romney is defending isn't capitalism. It's financialism. Here's a good summary of what financialism is:
“…financial instruments become progressively further removed from their role in supporting commerce in the real world and develop a life of their own, a weird shadow dimension, a hall of mirrors, a distorted alternate reality that intersects and reacts with the real economy in unpredictable and destructive ways.”
Meet The 40 Members Of The Congressional Koch Caucus
Meet The 40 Members Of The Congressional Koch Caucus: pFive senators and 40 congressional representatives received a perfect 100 percent score from the Koch brothers’ astroturf group Americans For Prosperity for the first half of the 112th Congress. AFP judged Congress on their votes to protect the Koch brothers’ right-wing petrochemical empire on such issues as the repeal of President Obama’s new health care [...]/p
GOP Official Explains Romney’s Offshore Tax Havens: ‘The Man’s Got So Much Money, I Don’t Know Where He’s Going To Put It All’
GOP Official Explains Romney’s Offshore Tax Havens: ‘The Man’s Got So Much Money, I Don’t Know Where He’s Going To Put It All’: pCHARLESTON, South Carolina — Earlier this week, an investigation revealed that Mitt Romney holds millons of dollars in accounts located in the Cayman Islands. According to the ABC News report, Romney currently has as much as $33 million stored in accounts in the Caymans, “a notorious Caribbean tax haven.” The former Massachusetts governor’s campaign maintains [...]/p
Romney Campaign Defends Refusal To Release Tax Returns: ‘An Absolute Non-Issue’
Romney Campaign Defends Refusal To Release Tax Returns: ‘An Absolute Non-Issue’: pCHARLESTON, South Carolina — Former Massachusetts Gov. Mitt Romney (R) continues to face fire for not releasing his tax returns, particularly as questions mount about the 15 percent tax rate he says he pays, offshore investments in tax shelters like the Cayman Islands, and his continued income from the private equity firm he founded, Bain [...]/p
Romney Loses his Cool with Occupier | Common Dreams
Romney Loses his Cool with Occupier | Common Dreams
Mr. .001%. This is the wrong year for a one percenter like Romney to run.
Mr. .001%. This is the wrong year for a one percenter like Romney to run.
Thursday, January 19, 2012
Study: States With Higher Taxes Are Better For Children
Study: States With Higher Taxes Are Better For Children: pIt may seem intuitive that states that invest more in public services are better places for children to grow up, but the Foundation for Child Development now has the numbers to prove it. The foundation is out with a new study that confirms the “strong relationship” between higher state taxes and children’s health. The study [...]/p
Two-Thirds Of Small Business Owners Say Citizens United Ruling Hurts Them
Two-Thirds Of Small Business Owners Say Citizens United Ruling Hurts Them: pTomorrow is the two-year anniversary of the Supreme Court’s historic decision in Citizens United v. FEC, which opened the door for unlimited corporate spending to influence the outcome of elections. On the eve of the anniversary, a new survey reveals that small business owners overwhelmingly say the ruling hurts their business: Two-thirds of American small [...]/p
Feds Helped States Increase Insurance Coverage For Children In The Midst Of An Economic Recovery
Feds Helped States Increase Insurance Coverage For Children In The Midst Of An Economic Recovery: pOur guest bloggers are Katy Womble and Kasey Mckeral, interns at the Center for American Progress. Yesterday, the Kaiser Commission on Medicaid and the Uninsured released their annual report outlining trends in Medicaid and Children’s Health Insurance Program (CHIP) eligibility, enrollment, renewal, and cost-sharing policies in all fifty states. As families continue to struggle in [...]/p
‘Strict Constitutionalist’ Ron Paul Endorses Nullification As A ‘Very Good’ Idea
‘Strict Constitutionalist’ Ron Paul Endorses Nullification As A ‘Very Good’ Idea: pGREENVILLE, South Carolina — Standing in front of a statue of long-time South Carolina Sen. and former Vice President John C. Calhoun, Texas Rep. Ron Paul (R) endorsed the idea that states should be able to nullify federal laws they don’t like at a press conference at the South Carolina state capitol on Tuesday. In [...]/p
Romney Invests In Several Bain Funds That Use Offshore Tax Havens To Boost Profits
Romney Invests In Several Bain Funds That Use Offshore Tax Havens To Boost Profits: pMitt Romney yesterday admitted for the first time that his tax rate is about 15 percent, lower than the rate paid by millions of middle class families. Romney is able to pay such a low rate (even though the top income tax rate is 35 percent) because his income comes overwhelmingly from investments and he [...]/p
Ten Books That Could Be Kicked Out of Classrooms Under Arizona’s Insane Curriculum Law
Ten Books That Could Be Kicked Out of Classrooms Under Arizona’s Insane Curriculum Law: pIn December, an Arizona judge upheld a state law that bans classes that “promote the overthrow of the United States government, promote resentment toward a race or class of people, are designed primarily for pupils of a particular ethnic group or advocate ethnic solidarity instead of the treatment of pupils as individuals.” That ruling’s already [...]/p
Report: The Recovery Act Saved Thousands Of Americans From Homelessness
Report: The Recovery Act Saved Thousands Of Americans From Homelessness: pThe Great Recession has steadily eaten away at the economic security of many Americans. Facing stagnant wages, growing unemployment, and rising health care costs, nearly 50 percent of Americans are slipping from the shrinking middle-class into low-income status or even poverty. In 2009, President Obama signed the American Recovery and Reinvestment Act (ARRA) in order [...]/p
Wednesday, January 18, 2012
Conservative States Make Progress In Implementing Obamacare, Administration Report Finds
Conservative States Make Progress In Implementing Obamacare, Administration Report Finds: pThe Obama administration has released a new report tracking the progress of states in building the health care exchanges that are part of the Affordable Care Act. Twenty-eight states and the District of Columbia “are on their way toward establishing their own Affordable Insurance Exchange,” the report notes and have received three rounds of grants [...]/p
Tuesday, January 17, 2012
Romney Admits His Tax Rate Is About 15 Percent, Lower Than Many Middle Class Families
Romney Admits His Tax Rate Is About 15 Percent, Lower Than Many Middle Class Families: pCitizens for Tax Justice a few months ago estimated that Mitt Romney, due to most of his income coming from investments, pays a tax rate of around 14 percent, a far cry from the 35 percent top income tax rate. Romney then confirmed that the bulk of his income does, indeed, come from investments (and [...]/p
No Graphs, Just Graphics: Illustrating The Success Of Health Care Reform
No Graphs, Just Graphics: Illustrating The Success Of Health Care Reform: pOur guest bloggers are Emily Oshima, a Research Associate/Policy Analyst with the Health Policy team and Lindsay Rosenthal, a Special Assistant for Domestic Policy at the Center for American Progress. While the ACA has helped millions of Americans since it President Obama signed it into law on March 23, 2010, a recent poll found that [...]/p
Monday, January 16, 2012
Sunday, January 15, 2012
Saturday, January 14, 2012
Thursday, January 12, 2012
Dumb Budget Cuts: How Slashing Funds For The IRS Winds Up Costing The U.S. Money
Dumb Budget Cuts: How Slashing Funds For The IRS Winds Up Costing The U.S. Money: pWhen does a cut to the federal budget actually result in an increase in the deficit? When, as the New York Times profiled today, it cuts the Internal Revenue Service, leaving the IRS understaffed and unable to collect all the taxes owed to the federal government: An expanding workload and cuts in funds have left [...]/p
Survey: Illegal Corporate Campaign Contributions Up 400%
Survey: Illegal Corporate Campaign Contributions Up 400%: pIn 2009, just 1 percent of respondents to National Business Ethics Survey — a large industry study funded by major corporations like Walmart — said they had witnessed illegal corporate political donations. This year, that number quadrupled to 4 percent. Management-level employees at large, publicly traded companies were most likely to see the illegal activity, [...]/p
Wisconsin Lawmaker Introduces Resolution To Remove Ethicially Tainted Justice Michael Gableman
Wisconsin Lawmaker Introduces Resolution To Remove Ethicially Tainted Justice Michael Gableman: pIn just three short years on the Wisconsin Supreme Court, conservative Justice Michael Gableman managed to embroil himself in two major ethics scandals. The first, which arose before he was even elected to the court, arose out of a false ad Gableman ran during his election campaign claiming that his opponent unleashed a child molester [...]/p
School Suspends Mexican-American History Program To Comply With Arizona’s Ban On Ethnic Studies
School Suspends Mexican-American History Program To Comply With Arizona’s Ban On Ethnic Studies: pArizona passed a law in 2010 that bans schools from teaching ethnic studies. Believing such classes promoted “ethnic chauvinism,” former state schools superintendent and the law’s sponsor Tom Horne sought to ban any class that are “designed primarily for students of a particular race or that promote resentment toward a certain ethnic group.” His primary [...]/p
Economists: Romney’s Economic Plan Fails To Deal With ‘Main Drags’ On U.S. Economy
Economists: Romney’s Economic Plan Fails To Deal With ‘Main Drags’ On U.S. Economy: pFormer Massachusetts Gov. Mitt Romney’s (R) economic plan has become the centerpiece of his presidential campaign. Though his proposals are often vague, analyses of the plan shows that it would provide huge tax breaks for the wealthiest Americans while raising taxes on low-income families. And though Romney claims to be concerned about the federal budget [...]/p
Five U.S. Senators Are Perfect Koch Servants, Americans For Prosperity Reports
Five U.S. Senators Are Perfect Koch Servants, Americans For Prosperity Reports: pFive senators and 39 representatives received a perfect 100 percent score from the Koch brothers’ Astroturf group Americans For Prosperity for the first half of the 112th Congress. AFP judged Congress on their votes to protect the Koch brothers’ right-wing petrochemical empire on such issues as the repeal of President Obama’s new health care law, [...]/p
Multiple States Considering Legislation To Increase Voting Rights
Multiple States Considering Legislation To Increase Voting Rights: pIf voting legislation in 2011 centered largely on hindering access to the ballot box, 2012 will hopefully be defined as the year that voting rights began fighting back. Last year, a rash of anti-voting legislation popped up in states around the country, from Florida to Texas to Wisconsin. New laws banning anyone without photo IDs [...]/p
480 State Lawmakers To File Amicus In Support Of Obamacare
480 State Lawmakers To File Amicus In Support Of Obamacare: pIn the last several days, 26 states, the National Federation of Independent Business, and 36 Republican senators, filed amicus briefs before the Supreme Court describing the Affordable Care Act’s individual mandate as a coercive provision that undermines the 10 Amendment rights of the states and characterizing Medicaid expansion as an illegal “commandeering” of states’ autonomy. [...]/p
Wednesday, January 11, 2012
GOP Establishment Rushes To Defend Romney’s Vulture Capitalism From Populist Backlash
GOP Establishment Rushes To Defend Romney’s Vulture Capitalism From Populist Backlash: pIn a potentially game-changing shift, Republican presidential candidates, including former Utah Gov. Jon Huntsman, former House Speaker Newt Gingrich, and Texas Gov. Rick Perry, have tapped into the populist anger of the 99 percent, tearing into former Massachusetts Governor Mitt Romney’s tenure at the financial firm Bain Capital, which made billions while bankrupting a quarter [...]/p
Republican National Committee Files Brief Seeking To Allow Corporate Funding Of Campaigns
Republican National Committee Files Brief Seeking To Allow Corporate Funding Of Campaigns: pOne of the few remaining limits on corporations’ power to buy and sell American elections is that corporations are not allowed to give money directly to federal candidates. Citizens United frees them to spend billions of dollars running ads or otherwise trying to change the result of an election to suit their interests, but corporations [...]/p
How The Republicans’ New Education Bills Would Hurt Disadvantaged Students And Undermine Accountability
How The Republicans’ New Education Bills Would Hurt Disadvantaged Students And Undermine Accountability: pOur guest blogger is Jeremy Ayers, Senior Education Policy Analyst at the Center for American Progress Action Fund. Last week, Rep. John Kline (R-MN), chairman of the House Education and Workforce Committee, released two bills to revise the No Child Left Behind Act (NCLB). NCLB certainly needs to be fixed, but the Kline bills would [...]/p
Tuesday, January 10, 2012
Germany Installed 2 GW of Solar PV in Q4 2011 — The U.S. Installed 1.7 GW in All of 2011
Germany Installed 2 GW of Solar PV in Q4 2011 — The U.S. Installed 1.7 GW in All of 2011: pAnd the Germans did it at roughly half the price. In the lead up to another 15% reduction in Germany’s feed-in tariff (the price paid for solar electricity fed into the grid), the German solar industry finished 2011 off with a bang — installing 2,000 megawatts of solar photovoltaic systems in the fourth quarter. Let’s [...]/p
Monday, January 9, 2012
Romney’s Bain Capital Made Billions While Bankrupting Nearly One-Quarter Of The Companies It Invested In
Romney’s Bain Capital Made Billions While Bankrupting Nearly One-Quarter Of The Companies It Invested In: p2012 GOP presidential frontrunner Mitt Romney, who has a large lead in the polls heading into the New Hampshire primary tomorrow, has been taking heat from both Democrats and his Republican challengers for his time at Bain Capital, the private equity firm that he headed. Bain’s modus operandi was to invest in companies, leverage them [...]/p
Friday, January 6, 2012
German Solar Output Increases by 60% in 2011
German Solar Output Increases by 60% in 2011: pJust weeks after the solar industry installed the one millionth system in Germany, the country’s solar trade association announced that the technology accounted for 3% of total energy generation in 2011 — increasing 60% over 2010 to 18.6 terawatt-hours (18.6 billion kilowatt-hours.) Even with changes to the feed-in tariff that have reduced solar photovoltaic installations [...]/p
Thursday, January 5, 2012
Santorum Mocks Obama For Extending Health Care Coverage To ‘Everybody’
Santorum Mocks Obama For Extending Health Care Coverage To ‘Everybody’: pRick Santorum touted his opposition to the Affordable Care Act early this morning during an event in Manchester, New Hampshire and drew a clear distinction between his long-standing opposition to universal health care and the past positions of Mitt Romney and Newt Gingrich. “I’ve never been for government-run health care, never. Unlike the other two [...]/p
Now That We Have A CFPB Director, It’s Time To Ban Corporate-Owned Courts In The Financial Industry
Now That We Have A CFPB Director, It’s Time To Ban Corporate-Owned Courts In The Financial Industry: pOne of the most important, if overlooked, provisions in the law creating the new Consumer Financial Protection Bureau is a provision allowing the agency to push back against one of the most egregious errors committed by the Supreme Court in recent years — a line of decisions allowing companies to force their consumers into a [...]/p
Corporate Profits Have Rebounded To Pre-Recession Levels, But Corporate Tax Revenue Hasn’t
Corporate Profits Have Rebounded To Pre-Recession Levels, But Corporate Tax Revenue Hasn’t: pOver the last few decades, U.S. corporate tax revenue plunged to historic lows, falling from about 6 percent of GDP in the 1950s to barely more than 1 percent of GDP today. Obviously, part of the recent low level has to do with the Great Recession and its effect on businesses and their profits. But [...]/p
Wednesday, January 4, 2012
Gingrich Calls For A ‘Voucherized’ Veterans Health Care System
Gingrich Calls For A ‘Voucherized’ Veterans Health Care System: pNewt Gingrich told a veteran during a town hall in Concord, New Hampshire this afternoon that he would support voucherizing the Veterans Health Administration, saying, “I think we should find ways to create satellite clinics that are local so people don’t have to travel and we should also find a way to have a voucherized [...]/p
Now the Vets will be tossed to the insurance wolves.
Now the Vets will be tossed to the insurance wolves.
Contrary To GOP Candidates’ Claims, Obama And The Fed Aren’t Devaluing The Dollar
Contrary To GOP Candidates’ Claims, Obama And The Fed Aren’t Devaluing The Dollar: pA favorite line of Republicans in the 2012 GOP presidential primary has been to claim that President Obama is devaluing the American dollar. The surging former Sen. Rick Santorum, for instance, ranted that Obama “has devalued our currency,” while Rep. Michele Bachmann (R-MN) has said that, “in the last two years of the Obama administration, [...]/p
President Obama Has Made Far Fewer Recess Appointments Than Any Recent President
President Obama Has Made Far Fewer Recess Appointments Than Any Recent President: pDespite the inevitable conservative complaints that President Obama is engaged in some kind of massive overreach by recess appointing Richard Cordray as the nation’s chief consumer financial protection watchdog, the truth is that Obama has used his recess appointment power very sparingly. After today’s appointment, President Obama will have made a total of 29 recess [...]/p
Tuesday, January 3, 2012
Santorum’s Racist Welfare Rant: ‘I Don’t Want To Make Black People’s Lives Better’ With Taxpayer Money
Santorum’s Racist Welfare Rant: ‘I Don’t Want To Make Black People’s Lives Better’ With Taxpayer Money: pGOP presidential candidate Rick Santorum has been trying to pull off an upset in the Iowa caucus, but he’s drawing criticism ahead of tonight’s contest for racially charged remarks he recently made about welfare recipients: At a campaign stop in Sioux City, Iowa on Sunday, Republican presidential hopeful Rick Santorum singled out blacks as being [...]/p
Santorum: States Should Have The Right To Outlaw Birth Control
Santorum: States Should Have The Right To Outlaw Birth Control: pRick Santorum reiterated his belief that states should have the right to outlaw contraception during an interview with ABC News yesterday, saying, “The state has a right to do that, I have never questioned that the state has a right to do that. It is not a constitutional right, the state has the right to [...]/p
As America’s Infrastructure Crumbles, GOP Presidential Candidates Refuse To Offer Solutions
As America’s Infrastructure Crumbles, GOP Presidential Candidates Refuse To Offer Solutions: pRepublican presidential candidates have attempted to make their 2012 effort to unseat President Obama about the economy, but time and time again, they have proven unwilling to address the major crises threatening the future of America’s economic growth. At multiple debates, the candidates offered little in the way of how they would address the fiscal [...]/p
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