Mitt Romney was caught on video complaining that 47% of us don't make enough to pay taxes, believe they are victims, are dependent on government, etc. The right question is why do so many of us make so little? Moving Jobs To Places Where People Don't Have A Say
Two recent movements have transformed the political landscape. The Occupy movement literally operates in the light of day. The other movement operates in secrecy, with money as its "speech" rather than ... well, you know, speech.
"My job is not to worry about those people. I'll never convince them they should take personal responsibility and care for their lives." Mitt Romney "Let them eat cake" -Marie Antoinett
Editor's Note: Yesterday, Rep. Keith Ellison introduced new legislation that would raise billions to invest in our economy by taxing highly speculative financial transactions. The Inclusive Prosperity Act (H.R. 6411) would tax the sale of stocks, bonds and derivatives sold by Wall Street firms.
When this issue of the 47% not paying any federal income taxes (who also, apparently are the only ones voting for Barack Obama) came up in the GOP primary, Romney complained that "everyone needs to pay their fair share.
Republicans in two Congressional committees voted last week to press forward with legislation that would deny states the flexibility they requested to help more welfare recipients get jobs. That’s right. Not only that, Rep.
I wrote the following last month after the Senate voted on competing tax plans, but it also helps to put Mitt Romney's "47%" comments in further context.
Last week, a coalition of housing, civil rights, and consumer protection groups issued an open letter to President Obama and Governor Romney asking what they would do, specifically, to address the housing crisis in America, and seeking a meeting to share best practices from around the country.
Pollsters keep telling us that the public wants action on jobs, a higher tax rate for millionaires, and protection for Social Security and Medicare. Our best economists keep reminding us that job creation should be government's top priority.
Mayor's reputation tarnished in teachers union dust-up
The Trans-Pacific Partnership (TPP) trade agreement is being negotiated in secret.
In any society where wealth and income concentrate overwhelmingly at the top, the affluent will almost always come to sneer at public services and the men and women who provide them. In Chicago, those men and women have pushed back.
Originally posted at Capital Gains and Games.
Things you learn from Mitt Romney: GEORGE STEPHANOPOULOS: Is $100,000 middle income? MITT ROMNEY: No, middle income is $200,000 to $250,000 and less. What a funny out of touch rich man:
Republicans in the House have introduced a bill called the "No More Solyndras Act." It may as well be named the "No More Competing With Oil Companies Act" or the "Hand Our Economy To China Act." The "No More Solyndras Act"
There's one thing I forgot to mention in my previous post, "10 Ways to Rebuild the Middle Class": We already know how to rebuild the middle class.
The middle class is the great engine of the American economy, but today that engine is sputtering.
Few individuals or organizations have been as influential as Mitt Romney and Bain Capital in worsening our runaway healthcare costs, causing unnecessary suffering, or accelerating our government's long-term deficit problem.
This week a lot of Democrats and "liberals" are attacking Chicago teachers for what they tell us are their extravagant and "unreasonable" demands. It's funny: If they think teaching's such a gravy train, why have they all become bankers instead?
"So much for Democratic harmony," is the way Herold Meyerson chose to start his op-ed in The Washington Post analyzing the ramifications of the current Chicago teachers strike on the well being of
Teachers in Chicago are on strike. You will hear from the usual anti-government, anti-union crowd that this is another instance of greedy public employees trying to get more money, but that is just wrong and here's why.
To those still wondering if Romney might be a kinder, gentler foreign policy president, think again: Yesterday we noted that Mitt Romney, down in the polls after the convention, was throwing the kitchen sink at President Obama.
Originally posted at Capital Gains and Games.
If a recent report is true, the Justice Department will need a new name – and some of us will have to step up and admit we were wrong.
The latest edition of the Economic Policy Institute's "State of Working America" report, out today, documents in sharp detail what has been for the middle-class economy a "lost decade" in which working people have fallen behind.
[My guest writer today is Cynthia Liu, PhD.
At least one moderately good thing is coming out of the ideological sewer that is the House of Representatives these days: legislation that will require the executive branch to develop "a strategy to promote growth, sustainability, and competitiveness in the Nation's manufacturing sector."
Both political parties have "an aversion to telling the truth," says The Washington Post. The truth?
Damn right America is better off than it was four years ago.
It's always amusing when God (if — and I know I risk losing a huge chunk of readers by writing this — there is one) gets dragged into politics.
Mark Halperin chronicles the many woes of the Romney campaign in the wake of their epic Meh Convention.
President Obama is enjoying a post-convention bump in job approval (Gallup says 7 percentage points – from 45 to 52 percent) after the negative and divisive Republican convention, followed by the energetic populism of the Democrats in Charlotte.
You might be hearing about the "Fiscal Cliff." And you might be hearing about a "Grand Bargain." You certainly have heard about "Simpson Bowles." You will be hearing more and more about these strangely-named things because the usual suspects are cranking
Corporate execs and billionaire ideologues are creating — at taxpayer expense — a network of schools where learning takes a back seat.
Ever since humans first took to the sea, pirates have inexplicably vanished and reappeared along our coasts and waterways.
There are many fine passages in Obama's speech tonight, of course.
President Obama's powerful acceptance speech gave no ground from his last acceptance speech. Despite the anti-government Tea Party spasm that occurred in between, Obama once again offered voters a vision of representative, responsive and responsible government that takes action to solve problems.
President Obama and Vice President Biden both gave powerful speeches this evening, summoning the ideal of an inclusive nation and effectively distinguishing their mainstream American views from their opponents' radical right-wing vision.
You have to see Death By China!