The Village Voice has an excellent article listing “the ten most corrupt tax loopholes”. Mitt Romney says he will balance the budget (while cutting taxes and increasing military spending) by closing tax loopholes. But he won’t tell us which loopholes. For example, the loophole that allows Apple to pretend they are an Irish company and […]
The National Memo did the math, so that you don’t have to (and because Romney won’t). Last night, Mitt Romney promised to eliminate our $1.3 trillion annual deficit without raising any taxes. How will he do this? First, reduce deductions for the wealthy. Well, that’s only $165 billion if you eliminate all deductions for the […]
Romney and the Republicans claim that they would be better at creating jobs, even though they recently blocked another jobs bill from Obama. Remember, their solution to creating jobs is to cut taxes on the rich job creators (well, that and outlaw abortion and gay marriage). And we know how well that worked when they […]
Republicans are complaining that the mainstream media is using skewed polls that show that Obama is winning. Their argument? That these polls are counting more Democrats than Republicans. This may be the ultimate in false equivalences. The reasons why polls include more Democrats than Republicans is because there are more Democrats than Republicans. Right now, […]
The Republican Party has been waging a loud and destructive war against voter fraud for years. They defunded ACORN, and more recently Republicans have passed voter ID laws that will make it more difficult for 10% of the US population to vote. All in the name of fighting voter fraud. Meanwhile, some people have noted […]
In the face of overwhelming polling data that shows Obama with strong leads in both the popular vote and in the electoral college, Fox News naturally goes on the offensive, claiming that all those polls that show Obama ahead are insidious propaganda from the obviously liberal media. The only problem? Fox News’ own polls show […]
Today, Scotts Miracle-Gro was sentenced to pay a $4 million file and perform community service for “illegally applying insecticides to its wild bird food products that are toxic to birds, falsifying pesticide registration documents, distributing pesticides with misleading and unapproved labels, and distributing unregistered pesticides. This is the largest criminal penalty under FIFRA (the law […]
According to new research, the world’s super-rich are taking advantage of offshore tax havens to the tune of between $21 to $32 trillion dollars. Yes, trillion. To put that in perspective, that’s more money hidden abroad than in the entire American economy. This is a double whammy to economic growth and recovery. Not only does […]
Matt Taibbi has a brilliant article in Rolling Stone “Greed and Debt: The True Story of Mitt Romney and Bain Capital” that goes into considerable detail about how Romney’s company, Bain Capital, actually made money. Lots of money. The Democrats have attacked Romney and Bain Capital, saying that Bain shipped jobs overseas and made huge […]
© Adam Zyglis The Republicans say that Mitt Romney and Paul Ryan will tell us the “hard truths” we need to hear. And they they turn around and say they are going to cut taxes, balance the budget, save Medicare, and increase spending (especially for the military). It is like a fairy tale with an […]
Does Paul Ryan have a memory problem? For example, just before being named as Romney’s running mate, Ryan suddenly amended his financial disclosure statements to add an income producing trust that is worth between $1 and $5 million. Members of Congress are required to disclose major financial holdings, but Ryan claimed that leaving the trust […]
© Matt Wuerker The inventors of Swift Boating are accusing Obama of running a negative campaign? Because they are pressuring Romney to release his tax returns?
In 2009, Republican legislators in Kentucky passed a law that required testing of high school students to evaluate if those students are ready for college. That sounds very good! But now the results have come back, and some members of the GOP are upset because the test requires the students to have a good knowledge […]
“That’s the price you pay to prevent something that doesn’t happen.” But my favorite part is the legislator who designed the bill even brags about it allowing Romney win the election. At least he’s transparent!
Facts are stubborn things. The GOP game plan with facts seems to be to make some up, then repeat them so many times that people start to believe them. And usually the media lets them get away with it. But CNN’s Soledad O’Brien actually challenges these falsehoods! OMG, a real journalist? But it is interesting […]
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