Originally posted at Capital Gains and Games.
On CNBC yesterday, Mitt Romney said:
John McCain and Mitt Romney share a secret.
(See update below.) Last week a Romney campaign ad used a fabricated quote, using doctored audio to make it appear that President Obama said something that he did not say.
When a leading conservative pundit compliments a labor union leader for getting something right, it's usually worth noticing.
Unless you've been off the planet for the better part of this year, you've heard all about Mitt Romney's vulture capitalist career at the helm of Bain Capital — the private equity firm founded by Romney, where he gained the experience he touts as his chief qualification for the presidency.
Via TPM: Conservative columnist George Will said Sunday that the Aurora, Colo. shootings have little to do with the nation’s gun laws, describing it as the product of an isolated, deranged individual.
All those official government stats on the maldistribution of wealth in the United States — and the world — vastly understate the actual extent of our contemporary inequality, says a blockbuster new study on global tax havens.
American manufacturing is like apple pie to American voters: we love it and want more of it regardless of our politics, race, gender, income, or hometown.
Nowadays we outsource our madness to the movies.
Economic issues make some people's eyes glaze over, so we'll put this plainly: Today's minimum wage is epic in its injustice and Dickensian in its cruelty. It's a shame that Dickens himself isn't here to write about it. Oh, and we almost forgot: Keeping it this low isn't very smart, either.
Our economy doesn't function well without strong government oversight, regulation and demand-creating "stimulus." We also need strong government to empower and protect us from those (foreign and domestic) who would keep us down and under their control.
With Michael Winship Ask any magician and they’ll tell you that the secret to a successful magic trick is misdirection — distracting the crowd so they don’t realize how they’re being fooled.
Conservatives are taking a big risk throwing a hissy fit over the new HHS state waiver initiative to experiment with welfare-to-work methods.
So I understand from the twitter scolds that we are not supposed to talk about this mass murder except to share clinical details about what happened and express condolences to the victims.
On Thursday, Senate Republicans FILIBUSTERED to block a bill ending the tax breaks companies get when they send our jobs out of the country -- and giving a few breaks to companies that hire here.
Congressional Progressive Caucus leaders Reps.
The Romney campaign has released an astonishingly deceptive new ad, containing a blatant, flat-out lie.
Scratch the surface of just about any economic debate this election year, and you'll find one issue that goes all the way to the core: the yawning gap between the 1% and the rest of us, as skyrocketing income inequality.
I have an exercise for you.
Before Andrew Leonard's paean to paying taxes (inspired by his house catching fire) sparked me to write a different post on Friday, I'd intended to write a wrap-up post, comparing Mitt Romney's NAACP speech to
Originally posted at Capital Gains and Games. There’s increasing nervousness on Capitol Hill these days about the one thing that has to be done on the budget before voters go to the polls.
I write from a patio overlooking the palmed courtyard of the Raffles Hotel Le Royal in Phnom Penh, Cambodia. The colonial vestiges have their appeal.
David Brooks says Obama's attacks on Romney's business record are "about capitalism." That's like saying an arrest for vehicular homicide is "about driving."
Everyone wants to know, "What is Mitt Romney hiding?" Or - given that lately every day seems seems bring to another revelation about Romney's offshore accounts, or
Republicans used to oppose regulations on campaign contributions by saying all we needed was more disclosure so people would know who contributed to who, and could make their own judgements. Now, when Democrats introduce a DISCLOSE Act to do just that, Republicans filibuster. Natch.
The Jeff Daniels character from The Newsroom would know what to ask the operators of an allegedly "grass roots" group called "No Labels": "Why won't you publish your list of donors?" "What's wrong with having legislators debate the issues publicly? Isn't that how representative democracy works?"
If our government just did the infrastructure work it has to do anyway eventually, much of the unemployment emergency would go away and the economy would get better. It's just that simple. But they won't. Infrastructure = Internal Improvements That Support Business
Bankers love to recount the fabled story of the invisible hand.
The big brouhaha over when Mitt Romney left Bain Capital began when the Obama campaign accused Romney/Bain of offshoring jobs.
Susie makes a great point about Mitt's repulsive "free lunch" comments after the NAACP speech.
In a Sunday op-ed Arthur Laffer provides one of the funniest lines of the week, "Right-to-work laws provide individual workers with greater freedom to negotiate the terms of their employment.
The U.S. Olympic team's uniforms were made in China? This might be a WTF moment for the country, over the practice of sending our jobs, factories, industries and economy to China for the super-enrichment of a few. What next, a President made in China?
Following is the talk I gave to the Take Back the American Dream conference panel, Making It In America: Reviving and Strengthening U.S. Manufacturing. You have undoubtedly heard the numbers, almost all of them bad.
The Heritage Foundation today spread a falsehood about a change the Obama administration is instituting in the 1996 welfare reform law that has rapidly spread through the right-wing blogosphere.
If your neighbor’s house is on fire, you don’t haggle over the price of your garden hose. - Franklin Delano Roosevelt
I have been wondering obsessively why Romney is so keen on saying that he left Bain in 99 instead of 02.
If only. If only Brian Moynihan designed fashionable shoes, Jamie Dimon pitched a mean slider, and Lloyd Blankfein had written the song "Boyfriend" for Justin Bieber. Then they'd prosecute bank fraud.
Left-leaning people everywhere recently got a hoot when the Texas Republican Party declared its opposition to the teaching of "Higher Order Thinking Skills," including "critical thinking skills," in public schools.