“Primary Pander Mode”: Severely Conservative Mitt To Rollout New Tax Plan
What do Republican politicians do when they need to pick it up a step? You’ve got it: they propose more tax cuts.
So it’s no great surprise that Mitt Romney is signaling that he’s coming out with a new, “bold” tax proposal to coincide with his stretch drive towards primaries next week in Michigan and Arizona, not to mention the upcoming Super Tuesday (March 6).
The chosen herald for this news appears to be that intrepid supply-sider, Larry Kudlow of National Review, who reports, with barely restrained excitement, that Mitt’s new tax cuts will be “across-the-board with supply-side incentives from rate reduction, and that it will help small-business owners as well as everyone else.”
You may wonder why Romney didn’t find space for this stuff in his previously released 159-page economic plan. Looking at that beast for the first time in a while, it already includes making the Bush tax cuts permanent; abolishing estate taxes; a partial abolition of taxes on interest, dividends and capital gains; and lower corporate tax rates. Ah, but there it is, the placeholder for new goodies: “a conservative overhaul of the tax system over the long term that includes lower, flatter rates on a broader base.”
Now lots of folks in both parties think it might be possible to have lower income tax rates if the lost revenues are offset by aggressive elimination of tax expenditures, from fossil fuel subsidies to the mortgage interest deduction, all of them zealously defended by some powerful lobby. It will be interesting to see if Romney moves in that direction, or instead (as one might guess from Kudlow’s enthusiasm) relies on the old voodoo magic of supply-side economics, and pretends lower rates will pay for themselves. Since he’s in full primary pander mode, it’s unlikely he’ll propose anything a signfiicant number of GOP primary voters will find objectionable.
By: Ed Kilgore, Washington Monthly Political Animal, February 21, 2012
“Shadowy Billionaires”: The Men Who Own The GOP And Your Democracy
Have you heard of William Dore, Foster Friess, Sheldon Adelson, Harold Simmons, Peter Thiel or Bruce Kovner? If not, let me introduce them to you. They’re running for the Republican nomination for president.
I know, I know. You think Rick Santorum, Newt Gingrich, Ron Paul and Mitt Romney are running. They are – but only because the people listed in the first paragraph have given them huge sums of money to do so. In a sense, Santorum, Gingrich, Paul and Romney are the fronts. Dore et al. are the real investors.
According to January’s Federal Election Commission report, William Dore and Foster Friess supplied more than three-fourths of the $2.1 million raked in by Rick Santorum’s super PAC in January. Dore, president of the Dore Energy Corp. in Lake Charles, La., gave $1 million; Freiss, a fund manager based in Jackson Hole, Wyo., gave $669,000 (he had given the Santorum super PAC $331,000 last year, bringing Freiss’ total to $1 million).
Sheldon Adelson and his wife, Miriam, provided $10 million of the $11 million that went into Gingrich’s super PAC in January. Adelson is chairman of the Las Vegas Sands Corp. Texas billionaire Harold Simmons donated $500,000.
Peter Thiel, co-founder of PayPal, provided $1.7 million of the $2.4 million raised by Ron Paul’s super PAC in January.
Mitt Romney’s super PAC raised $6.6 million last month – almost all from just 40 donors. Bruce Kovner, co-founder of the New York-based hedge fund Caxton Associates, gave $500,000, as did two others. David Tepper of Appaloosa Management gave $375,000. J.W. Marriott and Richard Marriott gave a total of $500,000. Julian Robertson, co-founder of hedge fund Tiger Management, gave $250,000. Hewlett-Packard CEO Meg Whitman gave $100,000.
Bottom line: Whoever emerges as the GOP standard-bearer will be deeply indebted to a handful of people, each of whom will expect a good return on their investment.
And this is just the beginning. We haven’t even come to the general election.
Nonprofit political fronts like Crossroads GPS, founded by Republican political guru Karl Rove, are already gathering hundreds of millions of dollars from big corporations and a few wealthy individuals like billionaire oil and petrochemical moguls David and Charles Koch. The public will never know who or what corporation gave what because, under IRS regulations, such nonprofit “social welfare organizations” aren’t required to disclose the names of those who contributed to them.
Before 2010, federal campaign law and Federal Election Commission regulations limited to $5,000 per year the amount an individual could give to a PAC making independent expenditures in federal elections. This individual contribution limit was declared unconstitutional by the District of Columbia Court of Appeals in a case based on the Supreme Court’s grotesque decision at the start of 2010, Citizens United vs. Federal Election Commission.
Now, the limits are gone. And this comes precisely at a time when an almost unprecedented share of the nation’s income and wealth is accumulating at the top.
Never before in the history of our Republic have so few spent so much to influence the votes of so many.
By: Robert Reich, Robert Reich Blog, Published in The Huffington Post, February 21, 2012
Righteous Rick Santorum Is His Own Worst Enemy
The current frontrunner’s backers complain that he’s being unfairly targeted with distracting gotcha questions, but he’s the one who put the spotlight on secondary issues like Obama’s theology, homeschooling, and prenatal testing.
Why is everybody suddenly picking on poor, misunderstood Rick Santorum?
Die-hard supporters of the former Pennsylvania senator insist that he’s received unjust, unmerited criticism from establishment insiders desperately determined to protect their favored candidates (presumably Barack Obama and Mitt Romney) from the sudden Santorum surge.
According to this line of reasoning, raging controversies over recent comments by Righteous Rick reflect persistent media bias, an outrageous effort to distract attention from the president’s economic failures, and a ruthless determination to destroy the one candidate best equipped to shake up the Washington status quo.
The most conspicuous example of such allegedly unfair treatment involved this Sunday’s Face the Nation, when CBS veteran Bob Schieffer concentrated solely on an oddly assorted array of Santorum remarks on seemingly irrelevant topics, allowing the sweater-vested conservative champion no chance for important or positive policy proposals.
For instance, the broadcast began with damning tape of the candidate telling a cheering weekend rally that for Obama, “It’s not about you. It’s not about your quality of life. It’s not about your jobs. It’s about some phony ideal, some phony theology. Oh, not a theology based on the Bible, a different theology.”
Any conservatives who believe that Schieffer and CBS had no right to confront Santorum with these comments should try an uncomfortable thought experiment: Imagine that President Obama (or, far more conceivably, Vice President Biden) had assaulted Santorum himself, or one of the other GOP candidates, for basing his policies on “some phony theology.”
Would Republicans rightly react with profound indignation and demand an apology?
For Obama, of course, the issue of “phony theology” is particularly explosive due to previous criticism regarding his long association with the faith-based crackpot Jeremiah Wright, and frequent charges from the right-wing fringe that the Leader of the Free World is actually a secret Muslim. (In defending Santorum’s remarks on MSNBC, the former senator’s press spokeswoman even cited the president’s “radical Islamist policies” before she apologized.)
On Face the Nation Santorum reassured the public that “I accept the fact that the president is a Christian,” and he adamantly maintained that the “phony theology” crack only pertained to a “radical environmentalist … worldview” that he imputed to Obama. But if he accepted Obama’s Christian self-identification, then why would he use the term “theology,” while specifically insisting that the “phony” faith in question was non-Biblical and therefore non-Christian?
Of course, Santorum would prefer to spend his precious moments on network TV talking about something else, but why then did he make the decision to use a raucous and very public campaign rally to raise the issue of “phony theology”?
The same question applies to the next subject raised on Face the Nation: Santorum’s claim at another Ohio campaign stop that an Obamacare mandate for free prenatal testing “ends up in more abortions and therefore less care that has to be done because we cull the ranks of the disabled in our society.”
His tortured response when asked to defend this idea in no way resulted from the sort of nasty “gotcha” question that Newt Gingrich passionately denounced earlier in the campaign. When Gingrich famously denounced CNN’s John King for beginning a televised debate with scurrilous charges from an angry ex-wife, most Republicans instinctively sympathized with the former speaker. Newt had never raised the issue of his second divorce (no candidate could be that stupid) and clearly preferred not to talk about it.
But if Santorum wanted to avoid the subject of prenatal testing, then why in the world did he bring it up on the stump just hours before his scheduled showdown on Face the Nation?
Instead of discussing aggrieved Catholic charities in the context of religious liberty and freedom of conscience (where many people of faith agree with the conservative critique of Obama policy), the candidate found himself struggling to make distinctions on details of prenatal testing—which nearly all prospective parents embrace in one form or another.
When questioned about his prior stumble into this medical and ethical thicket, Santorum could have easily affirmed that “I believe in complete freedom of choice when it comes to prenatal testing—no federal interference with doctors or parents who want to test unborn babies, and no federal policy to compel them to do so.” This declaration could have enabled the beleaguered candidate to turn to the far more legitimate issue of requiring religious charities to insure medical services (like sterilization) of which they disapproved and to again defend the principle of freedom of conscience.
Finally, Santorum’s gaggle of gaffes led him to an even more disastrous exchange on an even more unnecessary controversy: state (not federal!) support for public education. In speaking to a warmly supportive crowd at the Ohio Christian Alliance on Saturday, the candidate had explained that in the past “most presidents homeschooled their children in the White House … Parents educated their children because it was their responsibility. Yes, the government can help but the idea that the federal government should be running schools, frankly, much less that the state government should be running schools, is anachronistic.”
This statement enabled hostile blogger Stephen D. Foster to run the misleading (and widely circulated) headline “Rick Santorum Calls for End of Public Education, Says Parents Should Home School Their Kids,” but on CBS the former senator did little to eliminate the confusion.
As I said before, first I’d get the federal government out,” he told Bob Schieffer and the nation, echoing a viewpoint that most conservatives share. But then Santorum launched an indefensible explanation of his previous dismissal of state government “running” public education. “I would, to the extent possible, with respect to mandates and designing curriculum and the like, I would get the state government out. I think that the parents should be in charge working with the local school district to try to design an educational environment for each child that optimizes their potential.”
No governor or legislature in the country would accept the principle of “getting the state government out”—not when state governments (not localities) pay the biggest share of the bills for public schools (which educate nearly 90 percent of all school-age children in America, according to the most recent figures).
Moreover, Santorum happens to be a candidate for president, not governor of Pennsylvania (a race he declined to make two years ago), so under the system of federalism that Republicans enthusiastically endorse, he should have nothing to say about “getting state government out” of educational issues. As Ron Paul (among many others) might helpfully instruct him, the president of the United States gets to make innumerable important decisions but under the 10th Amendment he can’t dictate state policies on education.
Santorum and his madly scrambling staff might claim that such criticism, and the tough questioning on Face the Nation, amount to nitpicking—mean-spirited efforts to distract and derail a nice-guy candidate who brings fresh perspectives to vexing public issues.
But on the verge of next week’s crucial primaries in Michigan and Arizona, Santorum isn’t just running a provocative “ideas campaign” like the indefatigable gadfly Ron Paul: present polling makes him the apparent frontrunner for the Republican nomination and an increasingly conceivable choice as president of the United States.
His off-the-reservation approaches to self-defeating diversions like Obama’s theology, prenatal testing, and state-level involvement in public education become legitimate, and wholly necessary, subjects for journalistic scrutiny.
For nearly six months, Santorum complained loudly in televised debates and elsewhere that his campaign received less media attention than it deserved. He can hardly object now when his own successes have made even his random campaign comments far more significant—and potentially devastating—than ever before.
By: Michael Medved, The Daily Beast, February 21, 2012
Mitt Romney Straining to Get to the Right of Genghis Khan
The unpredictable Republican presidential race has taken another surprising turn as recent numbers show Mongol warlord Genghis Khan seizing the lead in national polls of likely GOP primary voters. Benefiting from widespread doubts about Mitt Romney’s authenticity and ideological commitment, Genghis has changed the shape of the race by sounding sharp populist themes that resonate with supporters of the tea party. “Mitt Romney wants to manage Washington, D.C.,” he told an enthusiastic crowd in Scottsdale, Arizona. “I want to burn it to the ground, slay its inhabitants, and stack their skulls in pyramids reaching to the sky.”
Romney’s advisers privately fret that such sharp rhetoric may play badly with upscale suburban swing voters in a general election. Their dilemma is that they cannot attack Genghis’s often harsh positions without reinforcing doubts about Romney’s own right-wing bona fides. Romney has dispatched previous conservative rivals by sowing doubts about their conservatism, assailing Texas Governor Rick Perry as soft on illegal immigration, Newt Gingrich as a Washington insider, and Rick Santorum as a supporter of earmarks and raising the debt ceiling.
Genghis Khan, who boasts of never having previously set foot in Washington or even the entire Western hemisphere, is the most challenging target thus far.
One vulnerability is his colorful personal life, which includes six wives, countless concubines, and habit of eating raw horseflesh. Romney has subtly exploited these weaknesses, recently appearing with his wife, Ann, at a Burger King in Grand Rapids, Michigan. “Here I am, accompanied by my one wife, consuming a sandwich consisting of cooked animal meat,” he told campaign reporters. (Romney paid for the meal by handing the cashier a $1000 bill, telling him to keep the change.)
Genghis’s surge to the top of the polls began after a recent debate in Williamsburg, Mississippi. After moderator Brian Williams questioned if his popular campaign promise to not only defeat President Obama but to enslave his family was racially insensitive, Genghis angrily replied that he enslaves the families of all his defeated rivals, regardless of race. Then, in a dramatic touch that reminded many Republicans of Ronald Reagan’s famous I-paid-for-this-microphone moment, he charged down from the stage on horseback, decapitated Williams, and displayed his head before the roaring crowd. At a post-debate focus group led by pollster Frank Luntz, numerous attendees praised Genghis for standing up to, as one attendee put it, “the politically correct media.”
His continued strong showings have the Romney campaign contemplating more forceful tactics. Pro-Romney super PAC Restore Our Future today released a new ad assailing Genghis for having established a vast mail delivery network based on riding stations, like the post office, and having failed to completely conquer China. The ad includes the tagline, “More government bureaucracy, soft on defense,” while the screen morphs Genghis’s face into that of Jimmy Carter.
The latest ARG poll has Genghis leading Romney by eight points in Ohio.
By: Jonathan Chait, Daily Intel, February 16, 2012
“Gospel Of Inequality”: Santorum Praises Income Inequality
“Santorum Praises Income Inequality.”
That was Fox News’s headlineabout Rick Santorum’s speech at the Detroit Economic Club on Thursday. Santorum said, “I’m not about equality of result when it comes to income inequality. There is income inequality in America. There always has been and, hopefully, and I do say that, there always will be.”
Unbelievable. Maybe not, but stunning all the same.
Then again, Santorum is becoming increasingly unhinged in his public comments. Last week, he said that the president was arguing that Catholics would have to “hire women priests to comply with employment discrimination issues.”
Also last week, he suggested that liberals and the president were leading religious people into oppression and even beheadings. I kid you not. Santorum said: “They are taking faith and crushing it. Why? When you marginalize faith in America, when you remove the pillar of God-given rights, then what’s left is the French Revolution. What’s left is a government that gives you rights. What’s left are no unalienable rights. What’s left is a government that will tell you who you are, what you’ll do and when you’ll do it. What’s left in France became the guillotine.”
Yet for Santorum to champion income inequality in Detroit, of all places, is still incredibly tone-deaf.
Detroit has the highest poverty rate of any big city in America, according to data provided by Andrew A. Beveridge, a demographer at Queens College. Among the more than 70 cities with populations over 250,000, Detroit’s poverty rate topped the list at a whopping 37.6 percent, more than twice the national poverty rate. And according to the Census Bureau, median household income in Detroit from 2006-10 was just $28,357, which was only 55 percent of the overall U.S. median household income over that time.
This is a city that last year announced plans to close half its public schools and send layoff notices to every teacher in the system.
This is a city where the mayor’s pledge to demolish 10,000 abandoned structures was seen as only shaving the tip of the iceberg because, as The Wall Street Journal reported in 2010, “the city has roughly 90,000 abandoned or vacant homes and residential lots, according to Data Driven Detroit, a nonprofit that tracks demographic data for the city.”
This is not the place to praise income inequality. Last week, at a hearing before the Senate Budget Committee, Kent Conrad, the chairman of that committee, laid out the issue as many Americans see it:
“The growing gap between the very wealthy and everyone else has serious ramifications for the country. It hinders economic growth, it undermines confidence in our institutions, and it goes against one of the core ideals of this country — that if you work hard and play by the rules, you can succeed and leave a better future for your kids and your grandkids.”
This is arguably even more true of people in Michigan than for the rest of us. Even though income inequality in the Detroit area isn’t particularly high, looking at the issue as an urban one in the case of cities like Detroit is problematic. The whole region took a hit. The comparison for cities like Detroit may be more intra-city than inter-city.
As Willy Staley argued in 2010 in an online column for Next American City magazine: “In richer cities, the inequality is put side-by-side, in an uncomfortable, loathsome way; for cities left in the dust of deindustrialization, the inequality is presents (sic) as existing between cities, not within them. Gone is the city/suburb divide between rich and poor, income inequality manifests itself within wealthy cities and between cities.”
And it is this feeling of being left behind by the American economy and abandoned by Republicans that is pushing Michigan into the blue. Public Policy Polling, a Democratic polling company, found this week that Obama would handily defeat all the Republican candidates in head-to-head matchups in the state. The company’s president, Dean Debnam, said in a statement: “Michigan is looking less and less like it will be in the swing state column this fall.” He continued, “Barack Obama’s numbers in the state are improving, while the Republican field is heading in the other direction.”
Santorum went on to say about income inequality during his speech on Thursday: “We should celebrate like we do in the small towns all across America — as you do here in Detroit. You celebrate success. You build statues and monuments. Buildings, you name after them. Why? Because in their greatness and innovation, yes, they created wealth, but they created wealth for everybody else. And that’s a good thing, not something to be condemned in America.”
Santorum might want to take a walk around Detroit to see who’s celebrating and to see how many statues he can find to honor people who simply invented something and got rich.
Furthermore, as a newspaperman and a former Detroiter, I’d like to direct him to the James J. Brady Memorial. Detroit1701.org, maintained by a University of Michigan emeritus professor, calls it “one of the more attractive memorials in Detroit.” It pays tribute to Brady, a federal tax collector, who set out to address the issue of child poverty in the city by founding the Old Newsboys’ Goodfellows of Detroit Fund in 1914 — what is essentially a local welfare fund.
The group provides “warm clothing, toys, books, games and candy” to local children every Christmas in addition to sending poor children to summer camps, the dentist and to college.
Then again, charitable giving doesn’t appear to be high on Motor Mouth Santorum’s list of priorities. As The Washington Post pointed out, based on Santorum’s tax return disclosure this week, he has given the least amount to charity of the four presidential candidates who have disclosed their tax returns. (Ron Paul has not.) His charitable giving was just 1.8 percent of his adjusted gross income.
The Obamas were the highest, giving 14.2 percent, even though their income was second lowest.
Maybe that’s the imbalance we should praise.
By: Charles M. Blow, Op-Ed Columnist, The New York Times, February 17, 2012
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