Make no mistake. In his decision to make Paul Ryan, the zombie-eyed granny-starver from Wisconsin, his running mate, Romney finally surrendered the tattered remnants of his soul not only to the extreme base of his party, but also to extremist economic policies, and to an extremist view of the country he seeks to lead.
Most of his ire was reserved for CNN host Erin Burnett, who is one of the millionaires herself that would be affected if that rule ever passed and her penchant for quoting sources like the Tax Foundation and bringing on billionaires like John Paul DeJoria to discuss why the rich should not have to pay more in taxes.
With tax day approaching, a new study released by CALPIRG found that the average California taxpayer in 2011 would have to shoulder an extra $423 tax burden to make up for revenue lost from corporations and wealthy individuals shifting income to offshore tax havens. The report additionally found that to cover the cost of the corporate abuse of tax havens in 2011, small businesses in California would have to foot a bill of over $2,010 on average.
Every year, corporations and wealthy individuals avoid paying an estimated $100 billion in taxes by shifting income to low or no tax offshore tax havens. Of that $100 billion, $60 billion in taxes are avoided specifically by corporations. A GAO study found that at least 83 of the top 100 publically traded corporations use offshore tax havens.
Sadly for McConnell, that is the Republican brand. His lieutenant Jon Kyl (R-AZ) admitted as much in April, when he declared remarks he delivered on the Senate floor were "not intended to be a factual statement." And so it is with the debt ceiling crisis. When they aren't peddling outright lies, Republicans suffer from selective amnesia regarding the inconvenient truths about the GOP record on debt, taxes and the economy.
Here, then, are the ten Republican Secrets of the Debt:
The Declaration of Independence is best remembered as a declaration of war, a war declared on the grounds that we wanted our own flag. The sheer stupidity and anachronism of the idea serves to discourage any thoughts about why Canada didn't need a bloody war, whether the U.S. war benefitted people outside the new aristocracy to whom power was transferred, what bothered Frederick Douglas so much about a day celebrating "independence," or what the Declaration of Independence actually said.
When you read the Declaration of Independence, it turns out to be an indictment of King George III for various abuses of power. And those abuses of power look fairly similar to abuses of power we happily permit U.S. presidents to engage in today, either as regards the people of this nation or the people of territories and nations that our military occupies today in a manner uncomfortably resembling Britain's rule over the 13 colonies.
Or perhaps I should say, a large portion of us take turns being happy or outraged depending on the political party with which the current president is identified.
Members of Congress are about to vote to extend the most controversial provisions of the USA PATRIOT Act for four more years, even though few of them understand how those provisions are being interpreted and applied.
As members of the Senate Intelligence Committee we have been provided with the executive branch's classified interpretation of those provisions and can tell you that we believe there is a significant discrepancy between what most people - including many Members of Congress - think the Patriot Act allows the government to do and what government officials secretly believe the Patriot Act allows them to do.
The horror of the effects of depleted uranium deserve to be heard in Scotland, argues Bill Wilson
It was recently reported that doctors had advised women in Fallujah not to give birth. There are many medical reasons for infertility which might shatter the dreams of a young woman. It is not difficult to imagine how heartbreaking it must be for a woman who is advised that she can never bear children. But for the young women of an entire city - tens of thousands of them - to be advised not to give birth, how can one imagine such collective pain? But perhaps it does not matter - one life is a tragedy, a million a statistic? Certainly this episode attracted limited press attention. Media Lens highlighted an interesting contrast with the attention directed at the lady who chucked a cat into a bin - one cat confined for a few hours was a tragedy.
This year the International Journal of Environmental Research and Public Health published a study, "Cancer, Infant Mortality and Birth Sex-Ratio in Fallujah, Iraq 2005 - 2009" by Chris Busby, Malak Hamdan and Entesar Ariabi. The report concludes "results confirm the reported increases in cancer and infant mortality which are alarmingly high. The remarkable reduction in the sex ratio in the cohort born one year after the fighting in [Falluja] 2004 identifies that year as the time of the environmental contamination." It was this increase in the incidence of child cancer and deformities which resulted in women being advised not to give birth. Fallujah is not the only city witnessing skyrocketing rates of child cancer. "The rapidly soaring child cancer rate in the southern Iraqi province of Basra has prompted the officials in the country to open the country's first specialist cancer hospital for children in the province's capital. [...] Since 1993, Basra province has witnessed a sharp rise in the incidence of childhood cancer. 'Leukemia (a type of blood cancer) among children under 15 has increased by about four times,' said Dr. Janan Hasan of the hospital inaugurated on Thursday in the southern port city of Basra."
As California Republicans address the “Pension Tsunami”
Lungren enjoys lavish LRS Pension
ELK GROVE, CA – On Saturday August 21, 2010, the California Republican Party is hosting their fall convention, which will feature a workshop on “The ‘Pension Tsunami Facing California.” The agenda for the workshop states that it will address the issue of lavish pension packages:
If California Republicans are really looking for “concrete examples of lavish pension packages,” they could look to one of their own: Rep. Dan Lungren. In 2009, Lungren received $55,697 in pension income from the California Legislators Retirement Pension (LRS) for only eight years of service as attorney general. (Financial Disclosure Statement, “Schedule I: Earned Income,” United States Clerk of the House, Dan Lungren)
Lungren’s LRS pension has far exceeded the pension income earned by the average state employee in California. According to calculations by the Orange County Register, under the pension plan offered to typical state employees, an 11-year employee would be eligible, at most, for $40,738 annually. (Orange County Register, 8/13/10)
Moreover, Lungren enjoyed a significant spike in his pension payments due to a 25.9% salary increase he received during his final month in office ...
Federally-backed program aims to help outsourcers in South Asia become more fluent in areas like Java programming—and the English language.
Despite President Obama’s pledge to retain more hi-tech jobs in the U.S., a federal agency run by a hand-picked Obama appointee has launched a $36 million program to train workers, including 3,000 specialists in IT and related functions, in South Asia.