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“No Comment”: The National Rifle Association’s Bizarre Colorado Response

The National Rifle Association’s nightly online newscast, “The Daily News,” opened Friday with the unavoidably prime news of the day: the movie-theater horror in Colorado.

Its report on what anchor Ginny Simone termed “the unthinkable tragic shooting that shocked the country today” lasted 35 seconds. It concluded with word that, “at this hour the NRA is telling all media, including the NRA Daily News, that its policy is that it will have no comment until all the facts are known in this case.”

She then segued to a report about ongoing United Nations negotiations on a global arms treaty to regulate trade in conventional arms. That segment, making clear the anchor’s own outrage with the negotiations, lasted more than 10 minutes.

It was thus far easier to bash the U.N. for its audacity in trying to curb arms sales to wayward nations and faraway criminals than to wonder if there just might be a link between Friday’s tragedy and the easy access to firearms in this country.

The U.N. talks result from years of lobbying by human-rights groups and also mark the Obama administration’s decision to reverse Bush-era policy and to support the negotiations involving 200 nations.

However, amid opposition from pro-gun legislators, the administration has backed off its support of what some see as a quite important provision to also cover trade in ammunition.

The thrust of the U.N. proposal involves a wide range of weapons in a worldwide market thought to be as much as $60 billion a year. The U.S. is the biggest exporter in a system in which only a minority of governments regulate arms dealers, with a variety of regional and multination arms embargoes seen as generally ineffective.

The Christian Science Monitor has put it the overall context succinctly: “While the U.S. and a few other countries have relatively tough regulations governing the trade of weapons, many countries have weak or ineffective regulations, if they have any at all. The result is that there are more international laws governing the trade of bananas than conventional weapons, like AK-47s.”

As far as the NRA newscast was concerned, the “news” was that “the treaty may be in trouble of being approved by July 27, a deadline set by the U.N.”

That didn’t surprise the report’s primary interviewee, former Bush-era U.N. ambassador John Bolton. He proceeded to belittle the slow-moving ways of the organization and added that “August is a sacred month in New York,” with few working at the U.N.

But Bolton fretted that an inability to come to a resolution by month’s end could thus mean that President Obama might swoop in during September, prior to the annual convening of the General Assembly, and influence the final result.

Simone then turned to the NRA’s primary correspondent covering the talks New York, Tom Mason. He’s an official of the World Forum on the Future of Sport Shooting Activities. She opened by indicating that Mason had told her that “panic has definitely set in at U.N. headquarters. They realize time is running out.”

Both Mason and Simone derided many elements of the treaty and the views of proponents. Those included linking the internal arms trade with violence against women.

Simon cited unidentified nations she terms “some of the worst human-rights abusers in the world” that were involved in the talks. She wondered how the treaty “will stop the killing and rape of people with no chance to defend themselves.”

The U.N. agenda, she said, is “to disarm people,” implying it would leave the defenseless even more so.

Both Mason and the anchor alleged a de facto media conspiracy of silence in covering the talks.

With one of several rhetorical questions, Simone asked him, “Is it fair to say civilian ownership and ammunition are very much on the hit list?”

“Yes, very much so,” said Mason.

The duo concluded with a broadside against the UN’s record in dealing with human-rights abuses, with Mason claiming, “They’ve never really thought this concept through of stopping human rights abuses.”

“But they have thought about how they can erode the Second Amendment in the U.S.,” he said.

Not mentioned was that the treaty is all about international transfers of weapons, not their internal domestic regulation.

 

By: James Warren, The Daily Beast, July 22, 2012

July 23, 2012 Posted by | National Rifle Association | , , , , , , , , | Leave a comment

“A Line In The Sand”: Sen Ron Johnson, “High-Capacity Magazines Are A Constitutional Right”

Sen. Ron Johnson (R-Wis.) drew a fairly strict line in the sand on Sunday with respect to the coming debate over gun control, suggesting that there is a constitutional right to buy high-capacity clips and magazines.

“Does something that would limit magazines that could carry 100 rounds, would that infringe on the constitutional right?” host Chris Wallace asked Johnson on “Fox News Sunday.”

“I believe so,” Johnson replied. “People will talk about unusually lethal weapons, that could be potentially a discussion you could have. But the fact of the matter is there are 30-round magazines that are just common. You simply can’t keep these weapons out of the hands of sick, demented individuals who want to do harm. And when you try to do it, you restrict our freedoms.”

High-capacity magazines were banned under the Federal Assault Weapons Ban, which President Bill Clinton signed into law in 1994 and which expired 10 years later. Since then, gun control advocates have focused their attention on them in their efforts to curb gun-related violence.

Opponents of restrictive gun laws have responded by arguing that incidents of violence involving high-capacity magazines are actually quite rare, and that shootings involving handguns are far more common.

When former Rep. Gabrielle Giffords (D-Ariz.) was shot in Tucson, the topic finally received national attention. The man who has been charged with killing six people in the attack, along with wounding Giffords and 12 others, used a high-capacity magazine to fire off more than 30 shots before reloading.

James Holmes, who allegedly killed 12 people and wounded 58 others Friday morning in an Aurora, Colo. movie theater, reportedly used a high-capacity magazine to fire off multiple rounds without having to reload.

The office of Sen. Frank Lautenberg (D-N.J.) told The Huffington Post on Friday that he would be making a renewed push for legislation that would ban high-capacity magazines.

Johnson is a conservative member of the Republican Party. But support for high-capacity magazines, even in the wake of the Aurora shooting, extends far beyond him. Former Rep. Chris Shays (R-Conn.), a moderate Republican who is running for Senate, said Friday he opposes a ban on these magazines, despite having voted for the assault weapons ban in 1993 and co-sponsoring a reauthorization bill in 2008.

 

By: Sam Stein, The Huffington Post, July 22, 2012

July 23, 2012 Posted by | Gun Violence | , , , , , , , , | Leave a comment

“Politically Worrisome”: What Are The Worst Things We Could Find In Romney’s Tax Returns?

Mitt Romney’s campaign is taking heat for declining to disclose more than the two most recent years’ worth of his tax information. Even conservative commentators such as The Washington Post’s George Will and the Weekly Standard’s Bill Kristol are saying it’s past time to come clean. Of course, members of Romney’s team, unlike their friends on the outside, presumably know what the documents would reveal, so we should probably assume that they have fairly good reason not to release them. Could the criticism Romney would suffer over the contents of the returns be worse than the criticism he’s getting for not disclosing them? Here are some guesses about legal — but potentially embarrassing — things in Romney’s tax returns:

Profits from the financial crash

The vast majority of American families lost wealth in the housing bust of 2007-09 and the financial crisis that came in the middle of it, and millions lost jobs or earnings. But it was possible for a canny or lucky investor to profit from the chaos — especially for a wealthy individual with access to unusual financial products. Maybe Romney made a lot of money through bets on skyrocketing foreclosures or well-timed investments in bailed-out banks. There’s nothing wrong with smart financial planning, but making money on the crash could be awkward for a politician. There’s a tension between promising to make things better and profiting off human misfortune.

A low tax bill because of the crash

There’s also the possibility that Romney’s investments lost some value during the crash years and that he combined this with aggressive exploitation of loopholes to pay a strikingly low tax bill. One rumor was that he managed to pay nothing in taxes, something his campaign has denied. But would paying $2.75 really look all that different from paying $0? A super-low tax bill would turn Romney into the poster child for President Obama’s very popular “Buffett rule” proposal, which aims for a minimum tax level on high-income individuals.

Swiss bank amnesty

We know from the tax documents Romney has released that he once had a Swiss bank account, a fact that the Obama campaign has played up in ads. But his 2010 tax return did not include a Report on Foreign Bank and Financial Accounts form (“FBAR” to accountants) detailing his offshore investments. In 2009, the Swiss government began to relent on its traditional banking secrecy rules, and banks turned over information about tens of thousands of American tax scofflaws to the U.S. government. To help deal with the crush, the IRS staged a limited-time amnesty in 2009 for American citizens with previously non-disclosed foreign accounts to pay their back taxes without penalty. It’s possible that earlier tax documents or the 2010 FBAR would show that Romney took advantage of the amnesty. While legal, this would amount to a problematic confession of past wrongdoing.

None of the above

The possibilities are endless. Romney’s vast wealth has already provided plenty of campaign fodder — from his car elevator to his proposed $10,000 bet with Texas Gov. Rick Perry during a debate — so almost any additional details about his finances would add fuel to the fire. But the most likely candidates for compromising revelations could relate to the 2008-09 period. Romney isn’t disclosing his 2006 or 2007 taxes, but by his own two-year standard he would have had to if he had won the 2008 Republican nomination. That makes the time between his presidential runs — a period that coincides with major upheavals in financial markets and bank secrecy practices — far and away the most likely window for something more politically worrisome than a reputation for reticence.

 

By: Matthew Yglesias, The Washington Post, July 20, 2012

July 22, 2012 Posted by | Election 2012 | , , , , , , , , | Leave a comment

“Quasi-Suicidal”: Did Mitt Romney Pay Any Federal Taxes At All In 2009?

On the issue of Mitt Romney’s tax returns, my colleague George Will put it simply: “The cost of not releasing the returns are clear. Therefore, he must have calculated that there are higher costs in releasing them.”

The question is what could be in them that would be so damaging to the Romney campaign. Right now, the most popular theory is that Romney simply didn’t pay any federal taxes at all in 2009. As Joshua Green wrote, ” It’s possible that he suffered a large enough capital loss that, carried forward and coupled with his various offshore tax havens, he wound up paying no U.S. federal taxes at all in 2009.”

But the tax experts I’ve spoken to are skeptical. “Romney had a $4.8 million capital loss carryover coming into 2010,” says Edward Kleinbard, a professor of tax law at the University of Southern California. “So that means no capital gain income in 2009. If you look on the first page [of his 2010 tax return], though, he had lots of ordinary income (interest mostly), and dividends, which are taxed at the same rate as capital gains but which cannot be sheltered from tax by capital losses. So presumably he had some positive income tax in 2009.”

Roberton Williams, a senior fellow at the Tax Policy Center, agrees. “It’s unlikely that his taxable income was zero or even close enough to zero that his credits would zero out his tax liability completely,” he says.

But Daniel Shaviro, a tax professor at New York University, isn’t so sure. “I think there’s an excellent chance that [Romney] didn’t pay any taxes in 2008 or 2009,” he says. But to get from a small federal tax liability to no federal tax liability, Romney would have needed to engage in incredibly aggressive tax planning. Shaviro mentions picking loser investments to get some benefits from “loss harvesting,” unusual tax shelters, and a bevy of other stuff that, frankly, I don’t totally understand.

The overriding question, though, is why would Romney do any of this. As Shaviro says, “If you were running for president and in his position, wouldn’t you think of telling your transaction people not to take you down too low in 2008 and 2009?”

When I asked whether these kinds of structures were simply too difficult to cleanly unwind over a couple of years, Shaviro was skeptical. “The Caymans structures might take some time to unwind, and there might be tax planning issues about not screwing up the unwind too badly, but come on, the guy has been in public life since 2002 and was aiming for the White House from the start. Plus, suppose he had tax shelters in 2009 that created losses. It’s not complex not to do these deals – all you have to do is…not do them.”

For what it’s worth — and, since I haven’t seen Romney’s 2009 tax return, it’s not worth much — my guess is he paid some federal taxes in 2009. The sort of tax sheltering he would have needed to get to zero would be quasi-suicidal for a presidential aspirant. But his effective federal tax rate may only have been 3 or 4 or 5 percent, which would be nearly as bad as zero. Add in a couple of shelters that Romney fears would look particularly bad, and it’s probably enough to persuade him that enduring a bit of bad press for tax decisions people think he might have made is preferable to a media feeding frenzy over tax decisions he definitely made.

The question none of this answers is why Romney didn’t clean up his taxes in 2008 and 2009. But it’s always worth remembering that the people running for office are human beings who procrastinate and make bad decisions and get distracted by other things. And given that Romney moves in a world where aggressive tax planning is the norm rather than the exception, he might simply have failed to recognize what a priority simplifying his taxes really was. My hunch is that the person spending the most time wondering why Romney didn’t get his taxes in order in 2008 is…Mitt Romney.

By: Ezra Klein, Wonkblog, The Washington Post, July 17, 2012

July 22, 2012 Posted by | Election 2012 | , , , , , , , , | 1 Comment

“The Enablers Of Death”: The NRA Has America Living Under The Gun

You might think Wayne LaPierre, executive vice president of and spokesman for the mighty American gun lobby, the National Rifle Association, has an almost cosmic sense of timing. In 2007, at the NRA’s annual convention in St. Louis, he warned the crowd that, “Today, there is not one firearm owner whose freedom is secure.” Two days later, a young man opened fire on the campus of Virginia Tech, killing 32 students, staff and teachers.

Just last week LaPierre showed up at the United Nations Conference on the Arms Trade Treaty here in New York and spoke out against what he called “anti-freedom policies that disregard American citizens’ right to self-defense.” Now at least 12 are dead in Aurora, Colorado, gunned down at a showing of the new film, “The Dark Knight Rises,” a Batman movie filled with make-believe violence. One of the guns the shooter reportedly used was an AK-47 type assault weapon that was banned in 1994. The NRA pressured Congress to let the ban run out in 2004.

Obviously, LaPierre’s timing isn’t cosmic, just coincidental and unfortunate; as Shakespeare famously wrote, the fault is not in our stars, but in ourselves. In other words, people — people with guns. There are some 300 million guns in the United States, one in four adult Americans owns at least one and most of them are men. According to the British newspaper The Guardian, over the last 30 years, “the number of states with a law that automatically approves licences to carry concealed weapons provided an applicant clears a criminal background check has risen from eight to 38.”

Every year there are 30,000 gun deaths and perhaps as many as 300,000 gun-related assaults in the U.S. Firearm violence costs our country as much as $100 billion a year. Toys are regulated with greater care and safety concerns than guns.

So why do we always act so surprised? Violence is our alter ego, wired into our Stone Age brains, so intrinsic its toxic eruptions no longer shock, except momentarily when we hear of a mass shooting like this latest in Colorado. But this, too, will pass as the nation of the short attention span quickly finds the next thing to divert us from the hard realities of America in 2012.

We are a country which began with the forced subjugation into slavery of millions of Africans and the reliance on arms against Native Americans for its westward expansion. In truth, more settlers traveling the Oregon Trail died from accidental, self-inflicted gunshots wounds than Indian attacks – we were not only bloodthirsty but also inept.

Nonetheless, we have become so gun loving, so gun crazy, so blasé about home-grown violence that far more Americans have been casualties of domestic gunfire than have died in all our wars combined. In Arizona last year, just days after the Gabby Giffords shooting, sales of the weapon used in the slaughter – a 9 millimeter Glock semi-automatic pistol – doubled.

We are fooling ourselves. Fooling ourselves that the law could allow even an inflamed lunatic to easily acquire murderous weapons and not expect murderous consequences. Fooling ourselves that the Second Amendment’s guarantee of a “well-regulated militia” be construed as a God-given right to purchase and own just about any weapon of destruction you like, a license for murder and mayhem. A great fraud has entered our history.

Maybe you remember a video you can still see on YouTube. In it, Adam Gadahn, an American born member of al Qaeda, the first US citizen charged with treason since 1952, urges terrorists to carry out attacks on the United States. Right before your eyes he says, “America is absolutely awash with easily obtainable firearms. You can go down to a gun show at the local convention center and come away with a fully automatic assault rifle without a background check, and most likely, without having to show an identification card. So what are you waiting for?”

The gunman in Colorado waited only for his opportunity. So there you have it – the arsenal of democracy has been transformed into the arsenal of death. And the NRA? The NRA is the enabler of death — paranoid, delusional and as venomous as a scorpion. With the weak-kneed acquiescence of our politicians, the National Rifle Association has turned the Second Amendment of the Constitution into a cruel and deadly hoax.

 

By: Bill Moyers and Michael Winship, BillMoyers.com, July 20, 2012

July 22, 2012 Posted by | National Rifle Association | , , , , , , , , | Leave a comment