American LP Daily News Brief March 2, 2012

Republicans are begrudgingly coming to grips with the presidential candidacy of former Massachusetts Governor Mitt Romney. Tuesday night, Romney won both the Michigan and Arizona primaries and it’s becoming clear that Romney should be able to secure the nomination. These wins though do not bode well for republicans when it comes to the general election. Republicans still seem hesitant to throw overwhelming support behind Romney, or any of the 4 remaining candidates. Romney has regained the lead in nationwide polls, but his support is sitting at an anemic 35%. His chief rival, Rick Santorum, has fallen quickly in the last two weeks, now sitting at 24%. The two have flip-flopped (much like Romney does on just about every policy issue) since the last major polls two weeks ago, where Santorum held 34% of voters’ support and Romney was at 24%. And speaking of flip-flops, Romney once again added another swift policy shift to his growing list, first by coming out and saying he opposed the Blunt Amendment in the Senate, and literally within the hour reverting to the most extreme position saying he was in support of the amendment.

The Blunt Amendment (at the 2:00 mark), a rider attached to a transportation bill in the Senate that would have allowed any employer to refuse health care coverage of any kind based on religious or moral reasons, failed in the Senate this week, a vote accurately reflecting public opinion polling. The Henry J. Kaiser Family Foundation poll found that 63% of Americans support the new Obama federal regulation requiring health insurance plans to cover the costs of birth control; 8 out of 10 democrats support the Obama requirement; 4 in 10 republicans support the ‘Obamacare’ regulation; and what seems most important in this upcoming election, the independent vote, shows that 6 in 10 registered independents support the Obama policy for insurance companies to pay for contraceptive care for people they cover.

Finally (the 3:05 mark), it came as a shock to learn that Andrew Breitbart, prominent conservative blogger and muckraker, died suddenly Wednesday night of natural causes, according to his spokesperson. Maybe more surprising, was the immediate swarm of conspiracy theories surrounding his death. Breitbart reportedly was to release a video on Thursday, March 1, of President Obama back in college that would have “destroyed” the President and significantly ruined his reputation before this upcoming election. Now, it’s still all hearsay as to how damaging this video might have been (remember Breitbart is the same person to selectively edit the Shirley Sherrod video that caused a phony outcry of racism, and also had his hand in the James O’Keefe fabrication that eventually led ACORN to close its’ doors), but it seems that if there were some strange insidious character trait President Obama has been hiding through over 3 years in office, and this video would expose him as a fraud, or a fake, or something worse, this video seems dubious to expose him as such. And even more preposterous is this idea that Breitbart was ‘taken-out’ because of the knowledge that he supposedly possessed. The autopsy will hopefully shed some light on the true cause of Breitbart’s death, but as evidenced throughout the last few years by the ridiculous spectacle surrounding President Obama’s birth-certificate, republicans may just scoff at any true evidence found in relation to Breitbart’s death.

Stick around to the end of the video for a new campaign ad by republican presidential candidate Ron Paul lampooning his rivals in the GOP race. We don’t like Paul anymore than the other candidates, but it’s always nice to see the republicans grilling one another.

Bailout Binging Bainster TV Ad

 

We at AmericanLP have created a new ad to spotlight Mitt Romney's hypocrisy on the issue of bailouts. By now, most observers have learned that Mitt Romney was against a bailout for Detroit. But what even many political insiders don't realize is that Mitt Romney has been the beneficiary of a Federal bailout of sorts. As head of Bain and Co in the early 90s (he had been brought back from Bain Capital to sort out the mess at the mother company), Romney was in charge of keeping Bain from imploding under a huge mountain of debt. In addition to firing lots of people (naturally), Romney also squeezed suppliers and other creditors. What's more, Bain had a $38 million loan from the Bank of New England, and that the Bank of New England had its own problems and had been taken over by the FDIC.

Romney shrewdly re-negotiated the Bain loan from $38 million to $28 million. So what does that mean, exactly? Well, since the FDIC is an arm of the Federal government, that means, essentially, that the FDIC (ahem, taxpayers) ate the difference. In other words, Romney conned the government into giving him and his cronies a $10 million bailout.

Yes, this was legal for Romney to do—other business people do it all the time. But it was a bailout to the tune of $10 million, Romney did personally benefit, and it's a bit rich for Romney to be so sanctimonious about other people getting bailouts. Critics of our ad would suggest that it is unfair to imply that Romney benefited personally from the $10, million write-offs. While the money went to Bain and Co, Romney actually benefited to a much greater degree than $10 million. If Bain and Co had not gotten the bailout, it would have likely imploded. If Bain and Co had imploded, it would have likely tainted Bain Capital to such a degree that it would have been destroyed. If Bain Capital had been dismantled, Romney would have never been able to make his quarter billion that has allowed him the life of the perpetual candidate. Yes, this stuff is complicated—but that's why rich finance guys like Romney are able to play the system to their advantage.

We start the ad with images of Ronald Reagan talking about the Chicago welfare queen in a Cadillac. This was a story Reagan told over and over again in the 1976 and 1980 campaigns. Even though Reagan never specified it was a black woman, it was widely assumed by most observers across the spectrum that Reagan was in fact talking about a black woman from Chicago with 80 different fake names. (It turns out that Reagan didn't have his facts straight on this—surprise, surprise)

By showing Reagan at the beginning of the ad, we are trying to evoke the warm feelings conservative Republicans have toward Reagan and his beliefs about "welfare queens." That is why we are literally showing what appears to be a woman driving a pink Cadillac in an inner city. We then show that in fact the "woman" is none other than Mitt Romney in drag. Romney should actually be seen as a modern day welfare queen who ripped off the government for more than any "welfare queen" from the inner city could ever imagine.
By portraying Romney this way, we are attempting to turn ugly racist beliefs on their head and make people realize that the biggest freeloaders on the government system are actually people who look like Mitt Romney.

At the end of the ad, we show Mitt Romney's vacation mansion worth $10 million. We aren't suggesting that Romney criminally stole tax dollars to buy his house illegally. But money is fungible, so any money that benefits Romney in one account can be used to purchase luxuries from any other account.

The point is that Romney and his colleagues at Bain were already wealthy by the early 1990s when the difficulties with the loan arose. Because, as we know, "corporations are people," Romney and his cronies weren't personally liable for the full $38 million. Instead, just the corporate entity of Bain and Company was liable. But there was nothing stopping Romney or his wealthy colleagues at Bain from paying back the full $10 million out of their own pocket at the time. For that matter, Romney and his colleagues could have paid the Government back in later years, after they'd all become super, super rich.

The bottom line is Romney got the best deal he could, just because he could. And yet he belongs to a political party that says people who do that are evil parasites for not being "rugged individuals" and succeeding on their own merits.

Finally, our goal here is to make conservatives sickened by the hypocrisy of Romney taking bailouts and for moderates and independents to be disgusted by Romney for making himself richer at the expense of average taxpayers. This bailout for Romney is a perfect window into why Romney should be seen as an utterly detestable and phony candidate regardless of one's ideological position. Please take a look at the ad below.

http://youtu.be/-L8oCg_pM2M

 

Daily National 2/17 Breifing

        AmericanLP covers all the top headlines in politics on both sides of the aisle in this morning’s news brief. Major headlines yesterday once again pointed to a rebounding economy. New applications for unemployment hit a 4-year low. Also, the DNC released a new ad, which you can view at the 1:15 mark, highlighting the diverging ideologies between the Obama administration’s decision to save the auto industry and Mitt Romney’s 2008 Op-Ed “Let Detroit Go Bankrupt”. The bailout was unequivocally a successful administrative decision for President Obama, and coupling this with the rate for unemployment applications falling, and last week’s news that the overall unemployment rate has fallen to 8.3 percent, we have public opinion of the President quickly on the rise. 44% of Americans, according to a Pew Research Center poll believe economic conditions will be better in 2013 than this year. This coincides with a CNN poll yesterday showing the President’s approval rating is back to 50% for the first time in 8 months. The administration, and the Obama re-election campaign, have really begun hammering home the jobs numbers, focusing not on the unemployment rate so much, as that number is still unfortunately high, but rightly talking about how bad things were when Obama came into office (750,000 jobs hemorrhaging from the economy per month) to how his policies have vastly turned this country around (250,000 jobs added in January; a 1 million point swing) and have created the most manufacturing jobs since the 1990’s.

Switching over, AmericanLP discusses the latest from the GOP presidential campaign. Mitt Romney, on the verge of losing his front runner status in some polls, gave a speech Thursday in which he addressed the concerns of entrepreneurs looking for funding to start their own business. In a swipe at the Solyndra controversy, Romney excoriated the benefits of government funding a start-up business and instead suggested entrepreneurs should apply to venture capitalists, angels, or their parents for funding. A statement such as this is on par with Romney’s “$10,000 bet” and once again reinforces the notion that Romney is so fiscally out-of-touch with the general American public (the average salary for Americans is $26,000/year; Romney makes $57,000/day) that it’s hard to fathom how he’ll win the nomination. Romney was born to the kind of wealth where if he wanted to start his own company, he could go to his parents for the capital to get the project off the ground. However, most Americans cannot. Most Americans struggle to pay their own bills, and many are helping their parents through retirement after the recession. It seems every time Romney opens his mouth, he further ostracizes himself from the general American public. Maybe that’s why he chose to drop out of the CNN Georgia debate scheduled in a couple weeks. Rick Santorum also declined the invitation; his motivations for doing so are less clear. With less money and generally one of the candidates who performs well in these debates, it doesn’t really play to Santorum’s strengths not to participate. But Santorum was not immune to the ‘tax return release’ scrutiny either. Santorum released 4 years of his tax returns and they paint a startling contrast to much of what Santorum has been saying on the campaign trail. Posturing himself as a threat to big government, Santorum has actually made $3.6M in lobbying fees since losing his re-election bid for the U.S. Senate. Try as he might, Santorum seems just as much a “Washington Insider” as Newt Gingrich.

                A new segment on AmericanLP, “News From The 14th Century,” highlights the ridiculous spectacle yesterday from Congress where Darrell Issa barred a woman from testifying on a birth control hearing in response to the contraception controversy. Republicans, for all their talk of individual freedom, want to deny women access to birth control, even though 98% of Catholic women say they have used some form of contraceptive in their life. Issa, instead of allowing one woman to testify, decided to fill the panel with men and priests. Clearly, they’ll have a deeper understanding of contraception than any woman might…

These are just a few of the highlights from this morning’s briefing. Watch the whole video for more news in politics from around the country. ~ Jason Owen with TJ Walker

 

 

Daily National 2/17 Breifing

        AmericanLP covers all the top headlines in politics on both sides of the aisle in this morning’s news brief. Major headlines yesterday once again pointed to a rebounding economy. New applications for unemployment hit a 4-year low. Also, the DNC released a new ad, which you can view at the 1:15 mark, highlighting the diverging ideologies between the Obama administration’s decision to save the auto industry and Mitt Romney’s 2008 Op-Ed “Let Detroit Go Bankrupt”. The bailout was unequivocally a successful administrative decision for President Obama, and coupling this with the rate for unemployment applications falling, and last week’s news that the overall unemployment rate has fallen to 8.3 percent, we have public opinion of the President quickly on the rise. 44% of Americans, according to a Pew Research Center poll believe economic conditions will be better in 2013 than this year. This coincides with a CNN poll yesterday showing the President’s approval rating is back to 50% for the first time in 8 months. The administration, and the Obama re-election campaign, have really begun hammering home the jobs numbers, focusing not on the unemployment rate so much, as that number is still unfortunately high, but rightly talking about how bad things were when Obama came into office (750,000 jobs hemorrhaging from the economy per month) to how his policies have vastly turned this country around (250,000 jobs added in January; a 1 million point swing) and have created the most manufacturing jobs since the 1990’s.

Switching over, AmericanLP discusses the latest from the GOP presidential campaign. Mitt Romney, on the verge of losing his front runner status in some polls, gave a speech Thursday in which he addressed the concerns of entrepreneurs looking for funding to start their own business. In a swipe at the Solyndra controversy, Romney excoriated the benefits of government funding a start-up business and instead suggested entrepreneurs should apply to venture capitalists, angels, or their parents for funding. A statement such as this is on par with Romney’s “$10,000 bet” and once again reinforces the notion that Romney is so fiscally out-of-touch with the general American public (the average salary for Americans is $26,000/year; Romney makes $57,000/day) that it’s hard to fathom how he’ll win the nomination. Romney was born to the kind of wealth where if he wanted to start his own company, he could go to his parents for the capital to get the project off the ground. However, most Americans cannot. Most Americans struggle to pay their own bills, and many are helping their parents through retirement after the recession. It seems every time Romney opens his mouth, he further ostracizes himself from the general American public. Maybe that’s why he chose to drop out of the CNN Georgia debate scheduled in a couple weeks. Rick Santorum also declined the invitation; his motivations for doing so are less clear. With less money and generally one of the candidates who performs well in these debates, it doesn’t really play to Santorum’s strengths not to participate. But Santorum was not immune to the ‘tax return release’ scrutiny either. Santorum released 4 years of his tax returns and they paint a startling contrast to much of what Santorum has been saying on the campaign trail. Posturing himself as a threat to big government, Santorum has actually made $3.6M in lobbying fees since losing his re-election bid for the U.S. Senate. Try as he might, Santorum seems just as much a “Washington Insider” as Newt Gingrich.

                A new segment on AmericanLP, “News From The 14th Century,” highlights the ridiculous spectacle yesterday from Congress where Darrell Issa barred a woman from testifying on a birth control hearing in response to the contraception controversy. Republicans, for all their talk of individual freedom, want to deny women access to birth control, even though 98% of Catholic women say they have used some form of contraceptive in their life. Issa, instead of allowing one woman to testify, decided to fill the panel with men and priests. Clearly, they’ll have a deeper understanding of contraception than any woman might…

These are just a few of the highlights from this morning’s briefing. Watch the whole video for more news in politics from around the country. ~ Jason Owen with TJ Walker

 

 

Daily National 2/17 Breifing

        AmericanLP covers all the top headlines in politics on both sides of the aisle in this morning’s news brief. Major headlines yesterday once again pointed to a rebounding economy. New applications for unemployment hit a 4-year low. Also, the DNC released a new ad, which you can view at the 1:15 mark, highlighting the diverging ideologies between the Obama administration’s decision to save the auto industry and Mitt Romney’s 2008 Op-Ed “Let Detroit Go Bankrupt”. The bailout was unequivocally a successful administrative decision for President Obama, and coupling this with the rate for unemployment applications falling, and last week’s news that the overall unemployment rate has fallen to 8.3 percent, we have public opinion of the President quickly on the rise. 44% of Americans, according to a Pew Research Center poll believe economic conditions will be better in 2013 than this year. This coincides with a CNN poll yesterday showing the President’s approval rating is back to 50% for the first time in 8 months. The administration, and the Obama re-election campaign, have really begun hammering home the jobs numbers, focusing not on the unemployment rate so much, as that number is still unfortunately high, but rightly talking about how bad things were when Obama came into office (750,000 jobs hemorrhaging from the economy per month) to how his policies have vastly turned this country around (250,000 jobs added in January; a 1 million point swing) and have created the most manufacturing jobs since the 1990’s.

Switching over, AmericanLP discusses the latest from the GOP presidential campaign. Mitt Romney, on the verge of losing his front runner status in some polls, gave a speech Thursday in which he addressed the concerns of entrepreneurs looking for funding to start their own business. In a swipe at the Solyndra controversy, Romney excoriated the benefits of government funding a start-up business and instead suggested entrepreneurs should apply to venture capitalists, angels, or their parents for funding. A statement such as this is on par with Romney’s “$10,000 bet” and once again reinforces the notion that Romney is so fiscally out-of-touch with the general American public (the average salary for Americans is $26,000/year; Romney makes $57,000/day) that it’s hard to fathom how he’ll win the nomination. Romney was born to the kind of wealth where if he wanted to start his own company, he could go to his parents for the capital to get the project off the ground. However, most Americans cannot. Most Americans struggle to pay their own bills, and many are helping their parents through retirement after the recession. It seems every time Romney opens his mouth, he further ostracizes himself from the general American public. Maybe that’s why he chose to drop out of the CNN Georgia debate scheduled in a couple weeks. Rick Santorum also declined the invitation; his motivations for doing so are less clear. With less money and generally one of the candidates who performs well in these debates, it doesn’t really play to Santorum’s strengths not to participate. But Santorum was not immune to the ‘tax return release’ scrutiny either. Santorum released 4 years of his tax returns and they paint a startling contrast to much of what Santorum has been saying on the campaign trail. Posturing himself as a threat to big government, Santorum has actually made $3.6M in lobbying fees since losing his re-election bid for the U.S. Senate. Try as he might, Santorum seems just as much a “Washington Insider” as Newt Gingrich.

                A new segment on AmericanLP, “News From The 14th Century,” highlights the ridiculous spectacle yesterday from Congress where Darrell Issa barred a woman from testifying on a birth control hearing in response to the contraception controversy. Republicans, for all their talk of individual freedom, want to deny women access to birth control, even though 98% of Catholic women say they have used some form of contraceptive in their life. Issa, instead of allowing one woman to testify, decided to fill the panel with men and priests. Clearly, they’ll have a deeper understanding of contraception than any woman might…

These are just a few of the highlights from this morning’s briefing. Watch the whole video for more news in politics from around the country. ~ Jason Owen with TJ Walker

 

 

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