Showing posts with label values. Show all posts
Showing posts with label values. Show all posts

Friday, February 3, 2012

Eric Cantor (R-VA) is Proud to Stand Up for Conservative Values Like Corruption. Be a Patriot Tell Congress to Impeach Eric Cantor (R-VA)





















Eric Cantor (R-VA) is Proud to Stand Up for Conservative Values Like Corruption. Be a Patriot Tell Congress to Impeach Eric Cantor (R-VA)

During his State of the Union address, President Obama said “send me a bill that bans insider trading by members of Congress; I will sign it tomorrow. Let’s limit any elected official from owning stocks in industries they impact.” The remark stemmed from a 60 Minutes investigation showing that House Financial Services Chairman Spencer Bachus (R-AL) profited from information he received in private briefings during the economic crisis of 2008.

The Senate, in a rare display of bipartisanship, opened debate on an insider trading ban by a vote of 93-2. However, the bill has since become bogged down under a sea of unrelated amendments.

Over in the House, meanwhile, House Majority Leader Eric Cantor (R-VA) — who reportedly blocked Bachus from bringing up a ban on congressional insider trading in committee — wants to expand the legislation to include bans on other sorts of transactions, such as land deals. UCLA Law Prof. Stephen Bainbridge notes that this is likely an attempt by Cantor to kill the bill by making it so overly broad that no one will vote for it:

    [Cantor's] now trying to extend the STOCK Act “so it includes land deals and other types of transactions and not just stock trades.” Classic taking a good idea too far. The problem is insider trading in stocks, not insider trading in land deals. Cantor obviously hopes that including a vast array of economic activity within the bill, exposing members of Congress to disclosure obligations and other restrictions, as well as increasing their liability exposure, will make the bill sufficiently unpopular so as to prevent its passage.

The Stop Trading on Congressional Knowledge (STOCK) Act has picked up 273 co-sponsors, after languishing for months with nearly no interest.
Like many conservatives Cantor thinks he is clever and real Americans are idiots. He might be partially right. Cantor campaigned on doing the right and moral things for the USA. So far all he has done is block economic progress to make President Obama look bad and to keep Washington in the hands of special interests. Maybe Cantor is delusional, imagining himself Rush Limbaugh's hand maiden.

Thursday, January 26, 2012

Big government is more important than ever


























Big government is more important than ever

Look back on 2011 and you’ll notice a destructive trail of extreme weather slashing through the year. In Texas, it was the driest year ever recorded. An epic drought there killed half a billion trees, touched off wildfires that burned four million acres, and destroyed or damaged thousands of homes and buildings. The costs to agriculture, particularly the cotton and cattle businesses, are estimated at $5.2 billion — and keep in mind that, in a winter breaking all sorts of records for warmth, the Texas drought is not yet over.

In August, the East Coast had a close brush with calamity in the form of Hurricane Irene. Luckily, that storm had spent most of its energy by the time it hit land near New York City. Nonetheless, its rains did at least $7 billion worth of damage, putting it just below the $7.2 billion worth of chaos caused by Katrina back in 2005.

Across the planet the story was similar. Wildfires consumed large swaths of Chile. Colombia suffered its second year of endless rain, causing an estimated $2 billion in damage. In Brazil, the life-giving Amazon River was running low due to drought. Northern Mexico is still suffering from its worst drought in 70 years. Flooding in the Thai capital, Bangkok, killed over 500 and displaced or damaged the property of 12 million others, while ruining some of the world’s largest industrial parks. The World Bank estimates the damage in Thailand at a mind-boggling $45 billion, making it one of the most expensive disasters ever. And that’s just to start a 2011 extreme-weather list, not to end it.

Such calamities, devastating for those affected, have important implications for how we think about the role of government in our future. During natural disasters, society regularly turns to the state for help, which means such immediate crises are a much-needed reminder of just how important a functional big government turns out to be to our survival.

These days, big government gets big press attention — none of it anything but terrible. In the United States, especially in an election year, it’s become fashionable to beat up on the public sector and all things governmental (except the military). The Right does it nonstop. All their talking points disparage the role of an oversized federal government. Anti-tax zealot Grover Norquist famously set the tone for this assault. “I’m not in favor of abolishing the government,” he said. “I just want to shrink it down to the size where we can drown it in the bathtub.” He has managed to get 235 members of the House of Representatives and 41 members of the Senate to sign his “Taxpayer Protection Pledge” and thereby swear never, under any circumstances, to raise taxes.

By now, this viewpoint has taken on the aura of folk wisdom, as if the essence of democracy were to hate government. Even many on the Left now regularly dismiss government as nothing but oversized, wasteful, bureaucratic, corrupt and oppressive, without giving serious consideration to how essential it may be to our lives.

But don’t expect the present “consensus” to last. Global warming and the freaky, increasingly extreme weather that will accompany it is going to change all that. After all, there is only one institution that actually has the capacity to deal with multibillion-dollar natural disasters on an increasingly routine basis. Private security firms won’t help your flooded or tornado-struck town. Private insurance companies are systematically withdrawing coverage from vulnerable coastal areas. Voluntary community groups, churches, anarchist affinity groups — each may prove helpful in limited ways, but for better or worse, only government has the capital and capacity to deal with the catastrophic implications of climate change.

Consider Hurricane Irene: As it passed through the Northeast, states mobilized more than 100,000 National Guard troops. New York City opened 78 public emergency shelters prepared to house up to 70,000 people. In my home state, Vermont, where the storm devastated the landscape, destroying or damaging 200 bridges, more than 500 miles of road, and 100 miles of railroad, the National Guard airlifted in free food, water, diapers, baby formula, medicine and tarps to thousands of desperate Vermonters trapped in 13 stranded towns — all free of charge to the victims of the storm.

Having a democratic republic is based on liberal political theory - inspired by such people as Thomas Jefferson, John Locke and Mary Wollstonecraft Shelly. From day one is was never the intention for people to go it alone against things as individuals that they did not have sufficient resources to handle. Though as a people, for the common good, our government through the action of the people - could help each other. Why do conservatives who say they care about families and private property think this basic building block of our nation is wrong.

Tuesday, January 10, 2012

Mitt Romney is The Best Darn Plutocrat Money Can Buy





















Mitt Romney is The Best Darn Plutocrat Money Can Buy

Mitt Romney's $12 Million Mystery Super-PAC Man
Meet Carl Forti, the publicity-loathing mastermind helping the Republican front-runner and conservative groups raise millions in dark money.

Republican strategist Carl Forti has been described, variously, as "Karl Rove's Karl Rove" (Politico), "one of the smartest people in politics you've never heard of" (Karl Rove), and "the Alexander the Great of the Republican independent expenditure world" (Republican operative Bradley Blakeman). You can add one more to the list: President Obama and the Democrats' worst nightmare in 2012. A pioneer in the post-Citizens United world of super-PACs and dark money, Forti is one of the lead architects of the GOP's outside-spending strategy and an operative who has for years tested the boundaries of campaign finance law.

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Forti first waded into the outside-money wars while working for the National Republican Congressional Committee. During the 2006 election cycle, he managed an $82 million independent-expenditure campaign—the largest in the committee's history. Through the Black Rock Group, the strategic communications firm he cofounded, Forti has gone on to advise an all-star roster of conservative outside-spending groups, including the 60 Plus Association (the "conservative AARP") and Americans for Job Security. Forti is also the political director of American Crossroads and advocacy director of Crossroads GPS, the Rove-inspired outfits that reported spending nearly $39 million together during the midterms. The groups have already begun running ads bashing Obama and vulnerable Democrats and plan to dump $240 million into 2012 races.

Most recently, Forti helped launch Restore Our Future, a pro-Mitt Romney super-PAC that raised $12 million in the first half of 2011. "I don't know of anybody who's got as important of a role with the major outside organizations, both in 2010 and in 2012," says the group's treasurer, Charles Spies.

Like Spies, Forti is an alum of Romney's 2008 presidential campaign. As the campaign's national political director, Forti masterminded Romney's 11 primary and caucus wins. After the former Massachusetts governor dropped out, Forti moved on to Freedom's Watch, a 501(c)(4) nonprofit group bankrolled by right-wing casino mogul Sheldon Adelson. Founded with the goal of spending as much as $200 million to counter labor unions and progressive heavyweights like MoveOn.org, the group ran ads defending George W. Bush's foreign policy and supporting Republican congressional candidates. In the end, internal squabbling, a bloated infrastructure, and Adelson's discontent with the group's leadership doomed Freedom's Watch. It shut down in December 2008—but its legacy lived on, in the form of the gaping loophole it helped create in campaign finance law.

During the 2008 campaign, the group, with Forti spearheading its issue advocacy campaigns, ran a series of ads attacking Louisiana Democratic House candidate Don Cazayoux. Up until that point, organizations like Freedom's Watch typically revealed the donors behind such ads in their filings with the Federal Election Commission. Yet Freedom's Watch tried something different: It simply left that section blank. In a move that dismayed campaign finance reformers, the FEC's three Republican commissioners, prompted by a complaint about Freedom's Watch filed by the Democratic Congressional Campaign Committee, ruled that outside-spending groups don't have to reveal their donors unless those donors earmark their contributions for specific ads. The move upended years of precedent. "It was a deliberate effort to weaken the rules, and it worked," says Craig Holman, a lobbyist for the consumer advocacy group Public Citizen.

During the next election cycle, Forti hatched an audacious plan to circumvent campaign spending rules. Under the law at that time, individuals were free to spend as much as they pleased on TV ads, mailers, and other political messaging without filing as a political action committee. But once a group of individuals pooled their money and coordinated their spending, they became subject to contribution limits. Forti proposed a plan intended to evade contribution rules while also implementing a coordinated strategy. Black Rock would be used as a middleman, crafting a comprehensive game plan and then advising individual donors on how and where to spend their money.

The FEC ultimately declined to give its blessing to the plan, but the episode underscored Forti's penchant for pushing the boundaries of campaign finance law. "He's one of the guys, through Black Rock and others, who apparently sees his role as being always out there trying to figure out where the loophole is and how to use it to his party's or favorite candidate's benefit," says Meredith McGehee, policy director of the Campaign Legal Center.

It's perhaps not surprising that Forti, who has worked so diligently to keep political donors in the shadows, detests publicity and fiercely guards his privacy. He declined to be interviewed for this story, telling me in a brief phone conversation that he had a strict no-profile policy and would discourage his colleagues from speaking with me as well. "I've always tried to stay behind the scenes," he told me, "and I intend to keep it that way."
Andy Kroll
Reporter

Romney and other conservatives who claim to have Biblical inspired family values might remember that passage about reaping what you sow - Galatians 6: 7-8. Conservatives wanted the Citizens United ruling - passed by an extreme right-wing court to open the door to unlimited money from secret organizations. Now the conservatives who are dead set against Romney can eat the mud they made.