Newly released Federal Election Commission (FEC) figures reveal that $18 million of the $43 million President Barack Obama raised for his second inauguration came from corporations, unions, and interest groups…..
Obama’s big money corporate donors included:
Bank of America–$300,000
Didn’t the Republicans get blamed for the need for Zucotti Park? Wan’t Obama on the side of the 99% before he insisted that these tax credits for uber rich companies be a part of the law? Apparently Goldman Sachs, JP Morgan, GE and Hollywood are NOT part of the 1%. I did not know that.
“The “fiscal cliff” legislation passed this week included $76 billion in special-interest tax credits for the [...]
The “fiscal cliff” legislation passed this week included $76 billion in special-interest tax credits for the likes of General Electric, Hollywood and even Captain Morgan. But these subsidies weren’t the fruit of eleventh-hour lobbying conducted on the cliff’s edge — they were crafted back in August in a Senate committee, and they sat dormant until the White House reportedly insisted on them this week.
The Family and Business Tax Cut Certainty [...]
January 2, 2012
Common ground is hard to come by in Washington these days, but everyone, it seems, hates tax “loopholes.” Democrats claim they rob the government of revenue and benefit the rich. Republicans say tax loopholes distort free markets by letting the government pick winners and losers, thereby potentially introducing artificial and undesirable incentives.
Indeed, during the 2012 presidential race, Republican vice presidential nominee Paul Ryan attacked tax loopholes for [...]
by JG Vibes, The Intel Hub:
In the past few years organic food has become a very serious priority for many Americans, much to the dismay of big agriculture industry forces.
One of the primary unspoken functions of the FDA is to prevent this kind of competition from threatening the entrenched companies who have special interest privileges through government relationships.
Since Monsanto dominates the food market worldwide and have many representatives appointed to high [...]
Former house majority leader Gephardt warns of a possible 2,000-point drop in market within the next few weeks with bad news coming out from congress
There is some risk that the public could hear some “histrionics” from Democrats and Republicans playing to their bases as Congress works on spending cuts and tax reform, all of which could severely unsettle the markets, the former House majority leader said Wednesday.
“If it looks like [...]
U.S. House Speaker John Boehner said Republicans would be willing to accept new tax revenue to reduce the nation’s budget deficit if it’s accompanied by a tax overhaul and changes to entitlement programs.
Speaking in Washington a day after President Barack Obama’s re-election, Boehner of Ohio said all sides are “closer than many think” to being able to revise the tax code.
“Shoring up entitlements and reforming the tax code — closing special interest loopholes and deductions, [...]
From Miller’s Genuine Draft:
If I asked what the cause of the American Civil War was, would your first answer be slavery? Would it surprise you to know that slavery was only one grievance the South had with the Lincoln administration?
Contrary to popular belief, the Civil War was not a fight over slavery but a fight over whether the South was allowed to secede from the union. Lincoln thought war would [...]
At the end of 2011, I introduced a Constitutional amendment to overturn a key provision of Citizens United v. FEC, the Supreme Court decision that opened the floodgates for special-interest influence on elections and in Washington. The bill establishes that financial expenditures and in-kind contributions do not qualify as protected speech under the First Amendment. It also enables Congress to set up a public financing system that would serve as the sole [...]
There is a sneaky initiative on the November ballot that would put California on its way to higher poverty and lower wages. Dubbed the “Stop Special Interest Money Now Act,” this initiative could increase the number of uninsured workers, double the wage gap, and cut your annual income by almost $6,000.
Also known as the “Paycheck Protection” initiative, the measure would put California on a path to becoming a right-to-work state, [...]
There is something very wrong when the sitting president refuses to divulge huge pieces of information about his background. What is he hiding? Maybe the “birthers” were a little extreme, but is there something wrong with this “manufactured candidate,” whose history remains sealed from public view? What is he hiding?
Could the “Hawaii birth certificate” be a forgery? Is there something much worse—like “sponsorship” by an unnamed special interest? I don’t [...]
video platformvideo managementvideo solutionsvideo player
By JAKE COYLE AP Entertainment Writer
AUSTIN, Texas March 13, 2012 (AP)
In a wide-ranging talk about the Internet and government, Al Gore urged the techie crowd at South By Southwest to use digital tools to improve government.
The former vice president sat for a conversation with Napster co-founder and Web entrepreneur Sean Parker on Monday at SXSW in a flashy tete-a-tete that drew an audience of thousands at [...]
Rep. Sheila Jackson Lee (D-Texas) said Tuesday that President Obama “absolutely” should use his executive power to continue the unemployment benefits and payroll tax cut extension and said she hoped to discuss the option with the White House later in the day.
“It is extraordinary, don’t get me wrong. But I’m feeling the pain of the constituents I left [at] home,” Jackson Lee said, speaking on the progressive Ed Schultz’s radio [...]
Image: AP Photo/Paul Sancya
President Barack Obama’s reelection campaign just sent out this creepy email, with the subject line “Sometime soon, can we meet for dinner,” asking supporters to donate to his campaign for a chance to have dinner with Obama.
“Maybe I’ll get to thank you in person,” it says.
Obama’s team has run a similar fundraising gimmick before — and the email says he plans on continuing it throughout the campaign.
By Terry Brock
Miami, Fl April 29, 2011: Noted economist Farid Khavari explained to a group of Miami-Dade police officers, teachers and firefighters that the woes we are facing in Miami-Dade County are our own-making because we elect incapable people to run an economy as big as this county and the elected in turn appoint many more incapable people.
He said: “If a person is successful running a sausage stand [...]
Miami, FL April 26, 2011: Noted economist and candidate for Miami-Dade County Mayor said to a group of supporters that “our election system promotes corruption, cronyism and favoritism. Even worse, it makes the voters become indifference to the system, blinds them to the issues and hides real solutions.”
He continued: “Whether on a state or county level, the focus of the media is on how much money was raised! The [...]
It seems like the expansion in the rest of the world is passing us by this time, making me a bit more bearish about our dig out of the recessionary hole. I suppose that’s because we are becoming more state run and our private sector is being consumed by the government. Already housing is state run (Fannie, Freddie, and Ginnie make up 98% of all loans). The new state run [...]
1) Repeal the Gramm Leach Bliley Act in its entirety
2) Re-enact the Glass Steagall Act in its entirety
Anything less is not going to get the job done at all.”
This is true, but unfortunately we have government by special interest for special interest. Many of whom are not even representing interests in this country, but foreign interests! They will see to it that what you suggest never happens, at least not [...]