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cal04

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Member since: Tue Jan 6, 2004, 12:46 PM
Number of posts: 38,627

Journal Archives

Worker Laid Off Under Bain Capital: Romney ‘Didn’t Care About The Workers,’ Put ‘Profit

Worker Laid Off Under Bain Capital: Romney ‘Didn’t Care About The Workers,’ Put ‘Profit Over People’ |

Speaking to reporters tonight in Des Moines, Iowa, a worker laid off by a company owned by Bain Capital accused former Bain Capital CEO and current Republican presidential candidate Mitt Romney of being “out of touch” with the concerns of average Americans. Randy Johnson and more than 250 of his fellow workers at a Marion, Indiana American Pad and Paper (AMPAD) facility lost their jobs after Bain decided to close the plant amid a labor dispute. Johnson, who noted that he personally reached out to Romney during the labor dispute, said, “I really think didn’t care about the workers. It was all about profit over people.” In addition to the layoffs and eventual bankrupting of AMPAD, Bain Capital under Romney’s leadership drove several other firms into bankruptcy and caused thousands of layoffs.

http://thinkprogress.org/economy/2012/01/01/396199/worker-laid-off-under-bain-capital-romney-didnt-care-about-the-workers-put-profit-over-people/

‘Occupy The Caucus’ Activists Target Iowa Campaign Headquarters

http://thinkprogress.org/politics/2012/01/01/396163/occupy-activists-iowa-campaign/

99 Percenters allied to Occupy Wall Street have launched what they call “Occupy The Caucus” to protest against corporate influence in American politics by occupying the offices of various campaign headquarters in the state of Iowa.

Scores of protesters marched on the campaign headquarters of candidates including Michele Bachmann, Rick Santorum, and Newt Gingrich (the “lobbyist” of the one percent). Eighteen demonstrators were arrested on Saturday, as demonstrators called for kicking money out of politics. Watch protesters get arrested outside Bachmann’s office:

video at link
http://thinkprogress.org/politics/2012/01/01/396163/occupy-activists-iowa-campaign/

The arrests come after arrests occurred earlier in the week, with twelve people being arrested on Thursday, including a teenage girl. In the coming days leading up to the caucus, protests will continue to escalate.

DA asks Wis. Supreme Court to reopen union lawsuit, citing justice’s conflict of interest

http://www.washingtonpost.com/national/da-asks-wis-supreme-court-to-reopen-union-lawsuit-citing-justices-conflict-of-interest/2011/12/30/gIQATUEDRP_story.html

A prosecutor asked the Wisconsin Supreme Court on Friday to reopen his lawsuit challenging Gov. Scott Walker’s contentious collective bargaining law, contending a justice who voted to dismiss the suit earlier this year got free legal help from the firm defending the law.

Dane County District Attorney Ismael Ozanne argued in filings with the court that it should vacate its earlier decision, reconsider the case and disqualify Justice Michael Gableman from participating if he won’t recuse himself.

Wisconsin’s ethics code prohibits state officials from accepting free gifts, and the judicial ethics code bars judges from accepting gifts from anyone who is likely to appear before them.

“Reasonable, well-informed people would reasonably question Justice Gableman’s ability to be impartial under the facts presented here,” Ozanne wrote. “Respectfully, any litigant in any case deserves to have his case heard by a judge who has not secretly received a valuable gift from the other side’s lawyer.”

Citing Gableman legal work, DA asks justices to reopen bargaining case
http://www.jsonline.com/news/statepolitics/citing-gableman-legal-work-da-asks-justices-to-reopen-bargaining-case-sk3kl7l-136452808.html
(snip)
Earlier this month, the law firm Michael Best & Friedrich disclosed for the first time that Gableman did not have to pay for two years of legal work the firm did when it represented Gableman in an ethics case. Eric McLeod, the Michael Best attorney who performed the work, also served as an attorney for Walker's administration in the collective bargaining case.

Michael Moore: 75 Years Ago Today, the First Occupy

http://www.michaelmoore.com/words/mike-friends-blog/75-years-ago-today-first-occupy

On this day, December 30th, in 1936 -- 75 years ago today -- hundreds of workers at the General Motors factories in Flint, Michigan, took over the facilities and occupied them for 44 days. My uncle was one of them.

The workers couldn't take the abuse from the corporation any longer. Their working conditions, the slave wages, no vacation, no health care, no overtime -- it was do as you're told or get tossed onto the curb.

So on the day before New Year's Eve, emboldened by the recent re-election of Franklin Roosevelt, they sat down on the job and refused to leave.

They began their Occupation in the dead of winter. GM cut off the heat and water to the buildings. The police tried to raid the factories several times, to no avail. Even the National Guard was called in.

But the workers held their ground, and after 44 days, the corporation gave in and recognized the UAW as the representative of the workers. It was a monumental historical moment as no other major company had ever been brought to its knees by their employees. Workers were given a raise to a dollar an hour -- and successful strikes and occupations spread like wildfire across the country. Finally, the working class would be able to do things like own their own homes, send their children to college, have time off and see a doctor without having to worry about paying. In Flint, Michigan, on this day in 1936, the middle class was born.


more at link

Occupy's Rose Parade float: 70-foot octopus of corporate greed

http://latimesblogs.latimes.com/lanow/2011/12/occupys-rose-parade-float-70-foot-octopus-of-corporate-greed.html

Occupy protesters are busy finishing their float that will run at the end of the Rose Parade: a 70-by-40-foot octopus made of recycled plastic bags.

The octopus, said activist Mark Lipman of Los Angeles, represents Wall Street's stranglehold on political, cultural and social life, with tentacles "that reach into your pocket to get your money and a tentacle to get your house."

"This is the real Rose Parade, and the other is the Rose Charade," said Pete Thottam, 40, an Occupy activist.

(snip)
During the rehearsal Thursday, activists were assigned roles, such as working with an Occupy peacekeeping team or carrying the plastic pipes that will support two large replicas of the preamble to the Constitution. Each replica — one with the words "We the People," one with "We the Corporations" — requires dozens of people to hold up. Maneuvering the octopus "human float" took some practice in coordination. Protesters spun in circles, moving it through the park. Each tentacle will have several protesters lifting it.

video at link

Mitt Romney Used Poll To Determine His Abortion Stance In 1994 Campaign

http://www.huffingtonpost.com/2011/12/30/mitt-romney-abortion-1994-senate_n_1176385.html?ref=politics&ncid=edlinkusaolp00000008

When he challenged Ted Kennedy in the 1994 U.S. Senate race, Mitt Romney used polling data to determine that he would run as a pro-choice candidate while remaining personally pro-life, according to a new book by Boston journalist Ronald Scott.

The Washington Examiner revealed the moment in Scott's book:
http://campaign2012.washingtonexaminer.com/article/york-romney-briefed-church-abortion-stance/282721

According to Scott, Romney revealed that polling from Richard Wirthlin, Ronald Reagan's former pollster whom Romney had hired for the '94 campaign, showed it would be impossible for a pro-life candidate to win statewide office in Massachusetts. In light of that, Romney decided to run as a pro-choice candidate, pledging to support Roe v. Wade, while remaining personally pro-life.

(snip)
Sen. Kennedy seized on his stance: "On the question of the choice issue, I have supported the Roe v. Wade. I am pro-choice. My opponent is multiple choice."



video at link

In early book,Ron Paul criticized AIDS patients, minority rights and sexual harassment

In early book, Rep. Ron Paul criticized AIDS patients, minority rights and sexual harassment victims
http://politicalticker.blogs.cnn.com/2011/12/30/in-early-book-rep-ron-paul-criticized-aids-patients-minority-rights-and-sexual-harassment-victims/

Texas Rep. Ron Paul has distanced himself from a series of controversial newsletters from the 1980s and 1990s that bore his name and included inflammatory and racially charged language.

As the newsletters burst into view, first during his 2008 presidential bid and again in recent weeks after he climbed to the front of the Republican race in Iowa, Paul has blamed the writings on ghostwriters. He said he was not aware of the "bad stuff," as he described it.

But one of Paul's own books, published solely under his name, contains several passages that could be problematic as he attempts to push his libertarian message into the political mainstream.

In his 1987 manifesto "Freedom Under Siege: The U.S. Constitution after 200-Plus Years," Paul wrote that AIDS patients were victims of their own lifestyle, questioned the rights of minorities and argued that people who are sexually harassed at work should quit their jobs.


Ron Paul Claimed An AIDS Patient Is ‘A Victim Of His Own Lifestyle’ In 1987 Book
(snip)
despite his denials, CNN’s Peter Hamby reports that Paul included many of the controversial ideas in his 1987 book, “Freedom Under Siege: The U.S. Constitution after 200-Plus Years.” That work — published under Paul’s name — attributed AIDS to the gay “lifestyle” and suggested that victims of sexual harassment should simply quit their jobs:

http://thinkprogress.org/lgbt/2011/12/30/395881/ron-paul-claimed-an-aids-patient-is-a-victim-of-his-own-lifestyle-in-1987-book/

Ron Paul: Newsletters haven’t hurt me politically
http://caucuses.desmoinesregister.com/2011/12/30/ron-paul-newletters-havent-hurt-me-politically/
(snip)
“It never hurt me politically, and right now I think it is the same case, but people are desperate to find something,” the GOP presidential contender said during an in-studio interview at WHO Radio in Des Moines.

CEO stock options give companies tax windfall

Quirk in tax law means CEOs benefit and companies benefit. Uncle Sam? Not so much
http://www.msnbc.msn.com/id/45824495/ns/business-us_business/#.Tv3JbyNsjUg

The stock market’s rebound from the financial crisis three years ago has created a potential windfall for hundreds of executives who were granted unusually large packages of stock options shortly after the market collapsed.

Now, the corporations that gave those generous awards are beginning to benefit, too, in the form of tax savings.

Thanks to a quirk in tax law, companies can claim a tax deduction in future years that is much bigger than the value of the stock options when they were granted to executives. This tax break will deprive the federal government of tens of billions of dollars in revenue over the next decade. And it is one of the many obscure provisions buried in the tax code that together enable most American companies to pay far less than the top corporate tax rate of 35 percent — in some cases, virtually nothing even in very profitable years.

(snip)
Senator Carl Levin, a Michigan Democrat, has tried for nearly a decade to eliminate the tax break, which affects the most commonly granted stock options. He has introduced a bill that would limit a company’s tax deduction for options to the same amount declared on its financial books. His proposal would also count options toward the maximum of $1 million that companies can deduct for an executive’s pay each year (outside of performance-based bonuses).

Mitt Romney's Marie Antoinette Charge 'Laughable' Coming From 'Quarter-Billion-Dollar

Mitt Romney's Marie Antoinette Charge 'Laughable' Coming From 'Quarter-Billion-Dollar Man': DNC
http://www.huffingtonpost.com/2011/12/29/dnc-mitt-romney-barack-obama-marie-antoinette_n_1175429.html

Barack Obama's re-election campaign and the allied Democratic National Committee swiftly responded to Mitt Romney's latest personal attack on the president with character-related attacks of their own.

In an interview with The Huffington Post's Jon Ward on Thursday, Romney charged the president with woeful insensitivity for suggesting that people were too pessimistic about economic conditions as is, considering where they could have been. It was, he asserted, a line reminiscent of one of history's haughtiest figures.

"When the president's characterization of our economy was, 'It could be worse,' it reminded me of Marie Antoinette: 'Let them eat cake,'" said Romney

(snip)
"It is actually laughable that the 'Quarter-Billion-Dollar Man' would call President Obama out of touch -- and use the example of a French monarch to make the point," DNC spokeswoman Melanie Roussell said in a statement to The Huffington Post on Thursday evening. "This is the same guy who joked that he was 'unemployed,' offered a $10,000 bet as casually as one might buy a cup of coffee, and said 'corporations are people.' He's also the same person who, as a former corporate buyout specialist for Bain Capital, made his fortune firing thousands of workers, cutting benefits, bankrupting American companies and outsourcing jobs overseas. He's the one who won't release his tax returns -- most likely because we would all learn that he pays a lower tax rate than middle class wage-earners. Laughable."

Facing Tough Race, Brown Complains About Warren’s Treatment In the Media

http://2012.talkingpointsmemo.com/2011/12/facing-tough-race-brown-complains-about-warrens-treatment-in-the-media.php

Sen. Scott Brown (R-MA) is suddenly facing a very tough race against former White House financial reform adviser Elizabeth Warren.

And so Brown sat down for a friendly interview with the Boston Herald, a conservative paper, to complain about the coverage his likely rival is getting.
http://bostonherald.com/news/politics/view/2011_1229brown_medias_pulling_punches_with_warren

“And it would help if you guys would ask her some tough questions, too,” Brown commented. “Ask her how she would vote on things, and why. It’s all fluff, it’s all fluff. Give me a break.”

He also added: “I just think that if your’e gonna find out where people stand, you’ve gotta ask them tough questions like you guys ask me every single day.”

video at link

LOL TPM
Somebody call the wahhhhmbulance:
http://www.facebook.com/talkingpointsmemo
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