Mitt Romney Reverses Position on Iraq
In an interview with MSNBC’s Chuck Todd today, Mitt Romney asserts that “of course” invading Iraq was a bad idea now that we know Saddam Hussein had no weapons of mass destruction. (“If we knew at the time of our entry into Iraq that there were no weapons of mass destruction, if somehow we had been given that information, obviously we would not have gone in.”) Four years ago, Romney said just the opposite. (“It was the right decision to go into Iraq. I supported it at the time; I support it now.”)
I can’t think of any important substantive facts that have changed between now and then that would lead Romney to alter his opinion. Indeed, Iraq is probably more stable than it was, and it’s now easier to justify invading on non-WMD grounds than it was before.
What’s changed is that Iraq is no longer so central to the Republican id. Four years ago, a Republican had to defend the Iraq war in order to defend George W. Bush. To conclude that the invasion was a mistake would be to indict Bush of a massive blunder, to subvert the commander of the War on Terror, to give in to the liberals. The importance of the issue has now receded to the point where Romney can casually take the completely opposite position without antagonizing any significant part of his coalition.
The thing I’ve always found endearing and (to some degree) comforting about Mitt Romney is that his flip-flops betray pure contempt for the Republican base. He treats them like angry children, and their pet issues as emotionally driven symbols of cultural division rather than as serious positions. Four years ago, conservatives were enraged that liberals would question Bush’s handling of foreign policy, so Romney was defending the decision to go to war and promising to “double Guantanamo.” (It made zero sense as a policy position and could be understood only as an expression of culture-war solidarity.) Likewise, conservatives are now outraged over Obamacare, so Romney promises to repeal Obamacare.
Nothing about Romney’s attempts to ingratiate himself with the right hint even slightly of genuine conversion. It is patronizing appeasement. Of course, none of this tells us the really crucial thing, which is what promises Romney would actually keep if elected. But at least it offers the modest comfort that Romney knows better.
By: Jonathan Chait, Daily Intel, December 21, 2011
The Method Behind Mitt Romney’s Big Lie Strategy
In a speech late yesterday, Mitt Romney accused President Obama of trying to use government to “create equal outcomes.” Romney argued that Obama wants to create an “entitlement society,” in which “everyone receives the same or similar rewards, regardless of education, effort, and willingness to take risk.” He made a concerted case that under Obama’s ideal vision, everyone will “get the same rewards.”
This is a Big Lie — it has nothing whatsoever to do with anything Obama has ever said, proposed or accomplished. And many liberalwritershavenoted today that this is Glenn Beck-level craziness, suggesting that Romney is willing to say and do anything to win.
That’s true, but another thing it’s also important to understand about Romney’s falsehoods is that they all serve a larger story that he and his advisers have been deliberately developing over time. When you look at all the Big Lies Romney has told in recent months, you’ll see a common thread running through them all.
They’re all about conveying a sense that you should find Obama’s intentions towards America vaguely suspect; that Obama harbors a deep seated indifference or even hostility towards the fundamentals that make America what it is; and that Obama is in some basic way undermining the foundation of American life as we know it. Let’s go through them all:
* The claim above that Obama wants a society in which everyone gets the “same rewards” is obviously designed to suggest that Obama doesn’t believe in American competitiveness and ingenuity.
* In that same spirit, Romney claimed the other day that the Obama/Dem criticism of his Bain years shows that Obama intends to “put free enterprise on trial” during the general election.
* Romney’s frequent falsehood that Obama “apologized for America” is about suggesting that Obama is apologetic about America’s relative advantages over other countries; that on some basic level, he doesn’t wish the country well.
* Indeed, Romney’s book, which he has frequently described as a kind of foundation of his presidential run, is called “No Apology: The case for American Greatness,” as if Obama is apologizing for American greatness.
* Romney recently accused Obama of pursuing policies that he “knows” are bad for the country.
* Romney recently claimed that he doesn’t believe Obama “understands America.”
* The speech Romney gave when he announced his presidential run traded heavily on these themes: He claimed that we are “inches away from ceasing to be a free market economy,” adding: “We look at our country, and we know in our hearts that things aren’t right.”
* As far back as 2010 Romney revealed he would campaign on the idea that Obama “has not understood the nature of America,” and on the idea that Obama does not share American “values” such as “love of liberty, of freedom, of opportunity.”
And so on. At this point, the pattern here is obvious, and it’s clearly not an accident. And Romney and his team will remain secure in the knowledge that most of the media will politely look the other way as the Big Lies keep flowing, and will continue to treat them as just part of the game.
By: Greg Sargent, The Washington Post Plum Line, December 21, 2011
Mitt Romney Still Making Millions From Lucrative Bain Capital Retirement Deal, Pays Little Taxes
2012 GOP presidential hopeful Mitt Romney has been banking on his time running the private equity firm Bain Capital to be a major selling point for his campaign. “I spent my career in the private sector. I think that’s what the country needs right now,” Romney says.
Romney has had to contend with the fact that Bain made a lot of its money buying up companies, then laying off workers and reneging on benefits to gut those companies, burying them with debt as Bain walked away with millions. In fact, one of his former business partners has explicitly said, “I never thought of what I did for a living as job creation.” And as it turns out, even after Romney left the firm, he was profiting from Bain’s activities due to a lucrative retirement deal:
In what would be the final deal of his private equity career, he negotiated a retirement agreement with his former partners that has paid him a share of Bain’s profits ever since, bringing the Romney family millions of dollars in income each year and bolstering the fortune that has helped finance Mr. Romney’s political aspirations.
The arrangement allowed Mr. Romney to pursue his career in public life while enjoying much of the financial upside of being a Bain partner as the company grew into a global investing behemoth.
Since Romney left, Bain has made its money gutting companies like KB Toys and Clearchannel, laying off thousands of workers and leaving the companies under heavy debt loads, while Romney has reaped the benefit. Adding insult to injury, the money Romney has been collecting from Bain is likely not taxed as normal income but as “carried interest,” meaning it is subject to the capital gains tax rate of 15 percent rather than the top income tax rate of 35 percent:
[S]ince Mr. Romney’s payouts from Bain have come partly from the firm’s share of profits on its customers’ investments, that income probably qualifies for the 15 percent tax rate reserved for capital gains, rather than the 35 percent that wealthy taxpayers pay on ordinary income. The Internal Revenue Service allows investment managers to pay the lower rate on the share of profits, known in the industry as “carried interest,” that they receive for running funds for investors.
Because Romney’s income is almost exclusively derived from what are qualified as investments (he recently said he has no income that qualifies for the personal income tax), he is able to drive his tax rate to absurdly low levels for someone making as much as he does. Citizens for Tax Justice estimated that Romney pays about a 14 percent tax rate, below the level at which many middle-class families are paying. And he’s paying that low rate on money made via dismantling companies and eliminating jobs.
By: Pat Garofalo, Think Progress, December 19, 2011
Mitt Romney’s Healthcare Competence Called Into Question
The conventional wisdom keeps telling me that Mitt Romney, for all his many faults (chronic dishonesty, incessant flip-flopping, cowardice, etc.), is at least a smart guy who cares about policy. Romney may lack integrity, we’re told, but at least he’s a vaguely technocratic wonk.
Except, I’m not at all convinced this guy is any smarter than his hapless Republican rivals. Romney speaks in complete sentences, which makes him look like a genius compared to Rick Perry, but consider some of the things the former governor says about his understanding of public policy. Here’s a gem from Iowa earlier today:
“Medicaid. You wonder what Medicaid is; those who aren’t into all this government stuff. You know, I have to admit, I didn’t know the differences between all these things until I got into government. Then I got into it and I understood that Medicaid is the health care program for the poor, by and large.”
I see. So, Mitt Romney, despite two degrees from Harvard, learned what Medicaid is when he became governor in 2002. He was 55 years old at the time.
Before he “got into government” and discovered what Medicaid is, Romney helped run a health company, which relied heavily on funding from — you guessed it — Medicare and Medicaid. What’s more, in his book, Romney boasts about having been a health care consultant, where he developed an expertise in how to deal with entitlements.
But he didn’t know what Medicaid was until he got into government?
Now, I know what some of you are thinking. “Romney didn’t mean what he said this morning,” you’re going to tell me. “He was only saying he didn’t understand Medicaid so that he could pretend to relate to the people in the audience. This wasn’t ignorance; it was pandering.”
Perhaps. I can’t say with certainty what Romney is ignorant of, and what he only pretends to be ignorant of.
But if this is the accurate explanation, let’s appreciate a disconcerting fact: Romney is so desperate to appear folksy, he’s willing to lie about his lack of awareness to get people to relate to him. And that’s just sad.
By: Steve Benen, Contributing Writer, Washington Monthly Political Animal, December 16, 2011