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2013年11月21日星期四

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Or so the former Senate Republican Leader, a surgeon who has written a new book on health care, told me a few minutes ago in an interview.replica gucci shoes Were he still in the Senate, “I would end up voting for it,” he said. “As leader, I would take heat for it. … That’s what leadership is all about.” This is not to say that Frist is entirely happy with everything that is in the bill.handbags louis vuitton For one thing, he doesn’t think it does nearly enough to bring costs under control. In his view, it does not fundamentally change the incentives that providers now have to provide more care, rather than better care. “There is really nothing to bend the cost curve,” he says. And Frist also predicts it will extend coverage to only 20 million or so additional Americans–far short of true universal coverage.louis vuitton shoes replica Given the fiscal constraints, he says a better approach would be to provide a more bare-bones package of benefits, known as “catastrophic coverage.” That less expensive insurance, while not covering as many routine medical services, would be affordable to more people and provide for care should they suffer a serious illness or condition that might otherwise bankrupt them. However, he strongly supports other aspects of the bill–most notably, its requirement that individuals be required to purchase coverage, if they do not receive health insurance through their employers or under government programs. And he also lauds the provisions that would eliminate practices that allow insurance companies to discriminate against people based on their health history, including pre-existing conditions.replica louis vuitton Frist also faults some in his own party for injecting alarmism into the debate. “Clearly, the death panels and public plan arguments have been overblown,” he says. Frist noted that Republicans themselves voted for a Medicare prescription drug bill that would have established a version of a public plan–with the government negotiating directly with drug companies–if private-sector competition had failed to materialize. That is similar to the approach that Republican Senator Olympia Snowe is taking with her amendment to establish a public option with a “trigger.replica chanel shoes” While Frist believes that the bill will pass, he worries that the Obama Administration and Congress have not given enough attention to what happens next: the implementation. The first few years are likely to be rough, he predicts. States will be struggling to set up new marketplaces for insurance coverage, their medicaid rolls will grow, taxes will go up, and consumers will not yet see the benefits. “The Republicans will go wild,” using the start-up difficulties as a tool for fundraising and for making their case in the next election, Frist says.chanel handbags for sale “In the Congress, nobody’s thinking about that.” His advice for the Obama Administration: “Stay nimble,” and be prepared to make adjustments as difficulties arise. UPDATE: Our friend Jon Cohn has an interesting observation: For those keeping a tally, that’s three former Republican Senate Majority Leaders who have endorsed the sorts of reforms President Obama and his allies are pushing. Previously, Howard Baker and Bob Dole signed on to a plan they negotiated with Tom Daschle and George Mitchell, former Democratic counterparts, through the auspices of the Bipartisan Policy Center.replica chanel shoes And this is as it should be. For all of the crazy talk about a radical government takeover, health care reform 2009 is an amalgam of compromises, many based on ideas taken straight from former Republican proposals–the kind of proposal, in other words, at least a few Republicans should be able to embrace in good faith.
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Once again, Paul Slansky catches what the rest of us missed this week.handbags louis vuitton
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This is insane.louis vuitton belts The guys at Conservapedia (aka, “the trustworthy encyclopedia”) have decided to retranslate the Bible in what they’re calling the Conservative Bible Project, because “liberal bias has become the single biggest distortion in modern Bible translations.” And you thought liberal bias was limited to the evil mainstream media. Apparently the early Church fathers had their own problems, because the Conservapediacs are particularly intent on scrubbing the Bible of “liberal” passages they say were inserted into the original canon and therefore shouldn’t be considered sacred. Passages like the story of the adulteress whom Jesus saved from being stoned with the famous line: “Let he who is without sin cast the first stone.fake louis vuitton shoes” Conservapedia complains that liberals have used this story to argue against the death penalty. Plus, this Jesus character sounds like a radical moral relativist. Also among the goals of the project: replace liberal words like “labor” with preferred conservative terms; use concise language instead of “liberal wordiness”; and–my favorite–”explain the numerous economic parables with their full free-market meaning.” Jesus talks about economics more than any other secular subject in the Bible, so they’ve got their work cut out for them.loui vuitton I look forward to learning the free-market meaning of “It is easier for a camel to go through the eye of a needle than for a rich man to enter the kingdom of God.” (h/t Rod Dreher, who wonderfully skewers the effort as “mak[ing] sure the Lord doesn’t go all wobbly on us.
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2013年11月20日星期三

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$26 billion mortgage fraud deal nears finalization with New York and California reportedly on board.replica louis vuitton Obama looks to the states for ways to salve contraception controversy. Top Hill Republicans impugn Romney’s performance–on the record. Enthusiasm begins to look like a problem. Conservatives think Romney needs to start being more conservative.replica chanel shoes Obama bundler explains he’s only a lobbyist because of a clerical error. Jon Tester asks opponent for outside spending pledge. No, this guy did not pay 102% of his income in taxes. How Mark Zuckerberg accidentally endorsed Romney.louis vuitton backpack for sale The most interesting story about 5-Hour Energy you’ll read today. And Rick Santorum’s Hanukkah card quotes Jesus Christ.
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This post was updated at 1:25pm It??s been a long slog, but government officials and representatives from major U.fake chanel shoesS. banks have?come to terms on a settlement that would put an end to federal and state investigations into alleged foreclosure abuses by financial institutions. Details of the settlement were announced this morning, and a website explaining the plan went live today as well. ?President Obama also gave a statement at the White House saying the deal “will begin to turn the page on an era of recklessness that has left so much damage in its wake.louis vuitton handbags for sale” The five major banks involved in the settlement: Bank of America, JPMorgan Chase, Wells Fargo, Citigroup, and Ally Financial will pay roughly $25 billion in penalties and relief to borrowers, states and the federal government. According the terms outlined today, the big banks will pay: $20 billion in direct consumer relief, with $17 billion going to principal reduction, and $3 billion to help underwater borrowers refinance their mortgages at lower rates; $4.25 billion of cash will be distributed to states, with $1.5 billion going out as checks to borrowers who were victims of foreclosure abuses, and $2.gucci outlet online75 distributed to state governments to help with foreclosure prevention efforts; and $750 million will be paid to the federal government to pay for similar efforts. Borrowers who were victims of foreclosure abuses must file claims to receive cash payments, which will range from $1,500 to $2,000 depending on how many claims are filed. Reports indicate that roughly 750,000 homeowners would be eligible to file claims. (MORE: How ??Shadow Inventory?? Is Killing the Housing Market) The deal should create much more certainty for the banks going forward, and the amount of cash the banks are required to?forfeit?is quite small.louis vuitton outlet online However, the suit leaves open room for states attorneys general and individuals to bring additional suits related to mortgage securitization, and to bring suits against MERScorp, a company created by large banks to streamline ?the process of transferring mortgage ownership during the securitization process. The deal is also a win for states attorneys general and the administration, who can now point to this settlement, the largest of its kind since the tobacco settlement of the 1990s, as concrete action taken to right the wrongs perpetrated by the mortgage industry leading up to and following the financial crisis.
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2013年11月19日星期二

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Mitt Romney is about to release a couple of years of tax returns.louis vuitton speedy The numbers are sure to be enormous. Except for one: his marginal tax rate, an outrageous 15%, or thereabouts. James Surowiecki has a terrific column in the New Yorker that explains why the taxes Romney paid have always been low. It’s all about the so-called “carried interest” loophole, which enables private equity-mongers to have their salaries taxed at the capital gains rate of 15%, rather than as earned income.louis vuitton handbags for sale Surowiecki also explains some of the scams private equity firms–not necessarily Bain Capital–have used to milk ever-greater profits from the firms they buy. Most of these scams involve taking out ever-greater loans. And that is one of the three basic problems with private equity as a capitalist tool–it replaces equity with debt. (It is hilariously ironic that Mitt Romney goes around ranting about the national debt, having made his fortune via the creative use of hyper-borrowing.chanel handbags for sale) There are two other problems with private equity that Surowiecki doesn’t mention. Historically, firms like Bain have jacked up executive compensation, as a reward to CEOs who can find ways to cut costs and make their operations more efficient. The second problem is linked to the first: in order to reap those benefits, for themselves and the private equity firms’ investors, corporate executives have become obsessed with short-term profits rather than long-term growth. Romney tries to portray those who question the private equity model as anti-free enterprise, which is nonsense.replica chanel shoes And most liberals–and now populist conservatives–who attack the model concentrate on the job losses, which is also somewhat off the mark. The real question is this: Does private equity capitalism help or hurt the economy in the long term? Should the rules governing it be reformed? I agree with Surowiecki: the “carried interest” loophole needs to be eliminated. And there should be a limit on the amount of interest payments these firms can deduct from their income. We’ve spent the past 30 years spending hundreds of billions rewarding non-productive investment.fake ugg boots It’s time to eliminate this distortion of the free-market system by leveling the playing field.
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Two new polls this morning–by Insider Advantage and Rasmussen–show Gingrich with a significant (8 or 9 point) lead over Mitt Romney.replica chanel shoes And Romney clearly knows he’s in trouble. He has a new ad–paid for by his campaign, not a Super Pac–slamming Gingrich. The word of the day is: disgrace. As in Gingrich resigned from the Congress in…disgrace.louis vuitton handbags for sale I would guess that it might pop up during the debate tonight. Gotta wonder what Newt’s comeback will be.
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From its start, the race for Ted Kennedy’s old Senate seat seemed destined to be one of most expensive political battles in Massachusetts history.fake louis vuitton shoes Challenger Elizabeth Warren, bank-scolding darling of the left, and Scott Brown, the Tea Party pinup who swept into office in early 2010 to strip President Obama of his congressional supermajority, are both candidates of national stature. It’s a rare and precious Red seat in a Blue state. Nothing less than control of the Senate may hang in the balance. And so the money has poured in.fake chanel shoes Last week, Warren raised more than $1 million in 24 hours, a feat Brown pulled off three days running during his first bid; each raised huge amounts, $5.7 million and $3.2 million respectively, in the final quarter of 2011. The Bay overfloweth, and that’s before you start counting the money being spent by third-party groups.gucci handbag for sale The League of Conservation Voters and the League of Women Voters have combined to spend some $3 million on issue ads that are critical of Brown.? Crossroads GPS, the behemoth Republican super PAC founded by Karl Rove, has aired spots criticizing Warren, for her “extreme” alignment with the Occupy protesters and for glad-handing bankers during her stint at the Treasury Department. On Monday, however, Warren and Brown signed an unusual agreement to stem the influence of outside money. It marks the first attempt at an explicit multilateral disarmament of super PACs and their ilk since the landmark Citizens United vs.replica chanel shoes FEC Supreme Court case remade campaign finance law in 2010. Its success, or its failure, could help answer a looming question in American politics: with campaign spending now enshrined as free speech, are we capable of extracting our elections from the swamp of moneyed interests even when we really want to? In recent weeks Warren and Brown have been jostling over the issue of third-party spending, each trying to claim the mantle of political purity. ??I??m pleased Professor Warren has joined with me in signing my People??s Pledge,?? Scott Brown said Monday after putting pen to a tweaked version of the agreement the Warren campaign had sent over. ??This is a great victory for the people of Massachusetts, and a bold statement that puts super PACs and other third parties on notice that their interference in this race will not be tolerated,?? Warren said.chanel outlet In the most direct sense, their detente is symbolic. By law, campaigns cannot forbid super PACs from buying airtime any more than they can instruct them to run ads; the ban on coordination cuts both ways. Public finger-wagging is the extent of what’s allowed ???but in the past, finger wagging has had its success.?In 2007, Senator Barack Obama successfully cowed primary rival John Edwards by accusing him of lying when he said he was powerless to call off the independent attack ad dogs.chanel outlet “The fact is this is somebody who worked for John Edwards, for the last who-knows-how-many years, who’s a good friend and colleague of Edwards, who’s now running a 527 that is running ads on behalf of John Edwards,” he said.? “You’re telling me he has no influence over him? That’s not true.” In the 2008 general election, Obama and John McCain both discouraged outside groups from spending on their behalves, directing donors to give to the campaigns instead. It worked.chanel outlet Even now, post-Citizens United, public discouragement has played a role. Newt Gingrich recently expressed disapproval of some of the ads a super PAC run by his former aide aired against Mitt Romney, and the group seemed responsive to his public cues. Warren and Brown have made their public disapproval of third-party spending well known, but they??re also trying something novel. In addition to sending letters to TV stations and advocacy groups requesting a halt to the deluge of paid media, they’ve devised an enforcement mechanism: the Brown and Warren campaigns will monitor outside spending and donate 50% of the value of each TV, cable, satellite or radio buy on their behalf to a charity of their rival’s choosing.loui vuitton Too many ads touting a candidate or lashing her rival and the official campaign is kaput. “I think it’s an interesting and commendable effort,” says Paul Ryan, a lawyer for the Campaign Legal Center, which supports stricter campaign finance regulations. “But I’m not entirely convinced it will be effective.” Ryan says the agreement’s bounds will likely be tested by issue ads, which target candidates on specific policy positions, and which spending groups frequently use to skirt limits on direct candidate advocacy under tax law.gucci handbag for sale The pledge makes explicit mention of such ads, but the line between issue ad and candidate ad is blurry. Though no group has explicitly rejected the pledge, the League of Women Voters came close Monday, insisting that their advertising targeted lawmakers, not political candidates. “The League’s ads ran in April of 2011 in Massachusetts and Missouri, and were issue ads aimed at holding public officials accountable for their votes in Congress,” said national President Elisabeth MacNamara.?? “These ads were not in support or opposition of any candidate but in support of the Clean Air Act.louis vuitton replica? The League does not support or oppose any candidates or parties.” The ads in question castigated Brown for voting against increased emission standards. It’s not clear if the LWV will run more like it in the coming year. American Crossroads, the national Republican group, registered a different sort of complaint.ugg boots outlet ??Because the agreement allows union phone banks, direct mail, and get-out-the-vote drives ?? all union core specialties,” president and CEO Steven Law said, “Warren??s latest agreement has loopholes the Teamsters could drive a truck though, the longshoremen could steer a ship through, the machinists could fly a plane through, and government unions could drive forklifts of paperwork through.” Ryan, of the Campaign Legal Center, says Law’s points are valid ?? although, he notes, there’s nothing to stop Crossroads, or others, from spending their money on their own ground game instead of broadcast advertising. Indeed, one possible consequence of the Brown-Warren pact and others like it is that super PACs may become more involved in direct mail, phone banking and other traditional campaign tactics. Some groups are heeding Brown and Warren??s call.fake gucci shoes? The League of Conservation Voters, which ran a bruising campaign against Brown over environmental issues, appeared to cede the issue in a Monday statement, albeit not without taking a parting shot and leaving the door open to more ads. “While we cannot take directions from any candidate on our independent activities,” Senior Vice President of Campaigns Navin Nayak said, “we are inclined to respect the People??s Pledge agreed to by Elizabeth Warren and Scott Brown and we hope that Scott Brown will honor his end of the deal when Crossroads and the Koch Brothers inevitably break it.” Only one outside spending group, Rethink Brown, a union-backed super PAC, explicitly stated its intention to withdraw from the airwaves, while fighting on ??[t]hrough our website? the news media, social media and other means of modern campaigning.?? As Law noted, there is already well-established election-influencing machinery for unions to fund off-air.louis vuitton neverfull Even if all the varied interests were to fall in line, the ceasefire would be a fragile one. John Kerry and Bill Weld made a similar pact in Massachusetts?? Senate race in 1996, swearing to stop at $5 million in ads a piece, but the agreement fell apart at the climax of the campaign. Fred Wertheimer of Democracy 21, a nonpartisan campaign-finance-reform group, says there’s nothing preventing a large, last minute third-party ad buy from deciding the 2012 race. “This is hard-nose politics,” he says, skeptical that independent expenditure groups will stick to the campaigns’ rules if they see an opportunity to win.chanel handbags for sale “If it costs the candidates some, that’s not a problem.” In most races, the interests of donors, supporters and campaigns closely align.? Even advocacy groups, eager to curry favor or access with politicians once they reach elected office, have reason to follow the candidates’ lead. But it??s not happening in Massachusetts.louis vuitton replica Not yet. Pledge or no, in a campaign this big, outside money isn??t so easily disentangled.
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2013年11月13日星期三

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The economy adds a robust 243,000 jobs in January, unemployment rate falls to 8.louis vuitton handbags for sale3%, broader U-6 measure at 15.1%. Romney says he “misspoke” on the very poor. Which class is struggling.ugg boots outlet What we don’t know about super PACs. Primary turnout hints at GOP enthusiasm problem. Obama’s electoral path is steep nonetheless. Congressional insider trading ban moves toward passage.fake louis vuitton SEC pulls its punches on biggest banks. How the Sierra Club took millions from the natural gas industry and why it stopped. Michael Bloomerg gives to Planned Parenthood to make up for the Komen the shortfall. Obama invokes Jesus on taxes.replica louis vuitton And for a former Olympic organizer, Romney should know that non-Americans cover their hearts.
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Some Obama opponents are struggling to find a cloud in the silver lining of January??s jobs numbers, which estimated that there was a 243,000-job boost and a big drop in the unemployment rate, from 8.ugg boots outlet5% to 8.3%, last month. Their biggest gripe focuses on the size of the labor force: As the unemployment rate has trended down over the last few months, anti-Obama commentators have argued that the official percentage for those without jobs is deceptive because the Bureau of Labor Statistics doesn??t count those who have stopped looking for work. In Friday’s report, they found a sharp increase in that group: More than 1.gucci outlet online2 million people joined the non-job seeking pool of working-age Americans last month. (Video:?What It Took to Create a Job for One Bright Engineer) I was ready to join the pessimists Friday morning when I saw the sharp drop in the unemployment rate, but for a different reason. The January unemployment report, I had been forewarned by BLS, was the first to be based on models using 2010 census figures. (All these numbers are guestimations based on surveys of smaller samples taken around the country).chanel handbags for sale A big shift up or down in the unemployment rate, I thought, could be explained by the change in the overall population of the country, reflected in the census numbers. (MORE:?Good News: Unemployment Falls to 8.3% as U.S.gucci handbag for sale Adds 243,000 Jobs) But the census adjustments actually work against my theory and that of the Obama-detractors. The demographic adjustments had no effect on the unemployment rate, says Mary Bowler, the resident expert in these matters at the BLS. And when it comes to labor force estimates, the steep jump in the number of those not seeking work came entirely from the census adjustment, which added 1.25 million people to that group.louis vuitton handbags for sale If you take out the census adjustment, the labor force numbers stayed essentially the same, as reflected by the labor force participation rate of 63.7%. In other words, the spike in the number of people no longer looking for work is entirely the result of some people at the Labor Department adding numbers to their spread sheets rather than an actual observed shift anywhere in the real economy. In recent months there have been other reasons to be pessimistic about the economy and about the unemployment numbers, but January’s report offers good news in those areas as well.louis vuitton handbags for sale Even though consumer sentiment and retail sales have been improving over the last few months, some economists argued that the economy could never really turn the corner until the housing market cleared the millions of pending foreclosures that are keeping housing prices low and mortgage holders underwater. The latest employment numbers suggest a turnaround may be underway in housing even though the foreclosure bulge is still working its way through the economy. The January jobs report showed a sharp improvement in housing employment, says Jed Kolko, an economist at Trulia. Construction employment was up 3.louis vuitton handbags for sale9% compared to three months ago. Kolko also points to a big jump in youth employment, as the unemployment rate for 25-34 year-olds dropped to 9% from 9.4% in December. That age group is the prime demographic for changing housing demand.louis vuitton neverfull And just as a final kick in the teeth to those of us who tend to look at the glass as half empty, the Institute for Supply Management on Friday reported that factory orders were up 1.1% in December, suggesting job growth may continue, at least in the manufacturing sector, as producers hire more workers to meet demand. All in all, it was a very grim day for serial pessimists, this writer included.
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Ron Paul is aiming high in Saturday’s Nevada caucus.louis vuitton neverfull The conventional wisdom states that Mitt Romney has the Silver State and its 28 nominating delegates in his pocket, following his massive 51% share of the vote in the 2008 primary. Four years ago, Paul came in second with just 14%. Still, the Paul campaign has been playing hard in Nevada while other candidates were traipsing across Florida, and campaign manager Jesse Benton believes they’ll be rewarded. “We have a shot at first place,” he says.loui vuitton Paul might have a shot, but polls suggest it’s not a good one. A survey released by the University of Nevada on Thursday showed Paul in fourth place with 9% of likely caucus-goers’ support, compared to Romney’s 45%; one quarter broke for Gingrich, 11% for Rick Santorum. Of the Mormon’s polled, 86% said they were casting ballots for Romney; only 1% cited Paul as their man. A survey from left-leaning Public Policy Polling, released on Friday, put Paul in third place, taking 15% of the vote, to Romney’s 50%, Gingrich’s 25% and Santorum’s 8%.louis vuitton backpack for sale There’s also a potential demographic disadvantage built in: a big chunk of caucus votes on Saturday will come from Mormons. In 2008, about a quarter of caucus-goers were Mormons, and they broke 95% for Romney. The only religious group that Paul won was “no religion.” But Team Paul is hoping to change things this year.handbags louis vuitton “[Mormons] have a natural attraction to someone who is a member of their church, but I think philosophically and politically, they??re much closer to Dr. Paul,” Benton says.? “Mormons are very, very committed to Constitutional government [and] Mormons are much more politically conservative than governor Romney.” The Paul campaign has sent out many press releases touting “LDS for Ron Paul” supporters in recent weeks??even if the polls don’t show them making much of a dent.louis vuitton handbags for sale Long odds are what Paul is used to. He’s been campaigning in Maine, where a win in the caucus that ends Feb. 11 does not guarantee any delegates.? After Nevada, he’ll head to Minnesota and on to other minor states like North Dakota, Missouri, Colorado and Louisiana.handbags louis vuitton “We play our hand,” Benton says, “and we play our hand to win.” Even when it looks like they won’t.
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Mitt Romney stammered on Monday night when debate moderators asked him whether he’d release his tax returns.chanel outlet? “I hadn??t planned on releasing tax records, because the law requires us to release all of our assets, all the things we own. That I have already released. It??s a pretty full disclosure,” he said. “But, you know, if that??s been the tradition, and I??m not opposed to doing that, time will tell.chanel handbags for sale But I anticipate that most likely I am going to get asked to do that around the April time period, and I??ll keep that open.?? It wasn’t actually an answer–he’s already been asked–and worse yet, it was much more awkward than Romney’s usual Pomade pivot from unwelcome questions. On Tuesday he gritted his teeth and gave an answer that shed more light on his reluctance. “What??s the effective rate I??ve been paying?” he said when prompted by reporters in South Carolina.louis vuitton neverfull “It??s probably closer to the 15 percent rate than anything because my last 10 years, my income comes overwhelmingly from some investments….” The answer confirmed Michael Scherer’s guestimation in early October: Because of capital gains, Romney pays a tax rate that’s much lower than what most U.S. wage earners will ever enjoy.fake ugg boots (PHOTOS: The Rich History of Mitt Romney) Romney might have hoped to delay his tax disclosures until April to soften the political impact–the nomination race will be wrapped up by then and the general election won’t yet be in full swing. (He may have also been? shooting to release 2011 records, not prior years, which wouldn’t be ready until tax day.) But whenever it came out, it was bound to shape the race. For Democrats, this is the perfect campaign issue.louis vuitton belts It lies at the intersection of the personal, professional and political identities they plan to foist on Romney in the general election: the privilege they hope will make it hard for voters to relate to Romney, the erstwhile career in private equity that they hope will taint him as a economic predator rather than a turnaround artist, and the regressive tax policies they hope can drive a wedge between the Republican party and the middle class. The Democratic machine is in high dudgeon. Back in October, Priorities USA Action, a super PAC run by a former Obama aide, seized on Scherer’s story and cut an ad twisting the so-called Buffett Rule–named for the legendary Omaha investor’s famous observation that he pays a lower tax rate than his secretary–into the Romney Rule, trying to hit all three points: out-of-touch, corporate, unfair. They brought the video back in the wake of Romney’s remarks.handbags louis vuitton Even GOP rival Newt Gingrich, ever bitter about Romney’s success, got in a lick. “Since my flat tax is 15 percent, I’m thrilled at the idea, I assume this afternoon he will endorse my flat tax proposal and have every American pay the rate he paid,” he said Tuesday. “I think that would be terrific.” The tax rate issue also serves as a direct tie-in to the debate over practices at Bain Capital, and not just during Romney’s tenure.louis vuitton neverfull As the New York Times explained last month, Romney didn’t just amass his wealth there in the ’90s. Much of his investment income, on which he continues to pay a low rate, flows from Bain’s deals: Though Mr. Romney left Bain in early 1999, he received a share of the corporate buyout and investment profits enjoyed by partners from all Bain deals through February 2009: four global buyout funds and 18 other funds, more than twice as many over all as Mr. Romney had a share of the year he left.fake ugg boots He was also given the right to invest his own money alongside his former partners. Because some of the funds and deals covered by Mr. Romney??s agreement will not fully wind down for several years, Mr. Romney is still entitled to a share of some of Bain??s profits.ugg boots outlet All of this plays into Romney’s weakest area. Even when he’s making sense, he often has a tin ear when it comes to wealth and corporatism. (In discussing his financial disclosures Tuesday, he referred to hundreds of thousands of dollars he’s earned in speaking fees as “not very much.”) But he’s not deaf to the tax rate issue, and his defense is right there in his campaign’s economic plan: While most of the GOP candidates want to zero out the capital gains rate, Romney would only lower it for families making $200,000 or less.gucci outlet online In other words, he wouldn’t lower his own taxes. But the rate he pays is already really low. And now that Romney’s put it out there, Democrats won’t let anyone forget it.
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Asked why he signed a petition to recall Wisconsin governor Scott Walker, George Shiver, 55, emptied a bag of prescription medications onto the coffee table in his untidy Eau Claire apartment.replica louis vuitton ??These are the drugs I take to stay alive every month,?? says the single father of four, who is on disability, food stamps and Medicaid. In 2003, he says, doctors told him that a bout of influenza had caused a neurological disorder that routinely manifests itself in dizzying, seizure-like spells. He takes three medications for high cholesterol, one for his kidneys, morphine for back pain, Advair for severe asthma and an anti-depressant he??s been on since his wife committed suicide in March of 2010. ??If the governor has his way and keeps cutting things,?? Shiver says, ??where will it not only leave me, but people like me in the future??? (PHOTOS: The February 2011 Showdown in Wisconsin)? In the 60-day window state law gives recall committees to gather enough signatures to force an election, Thursday evening marked Steve Shilts’ third sweep through Shiver??s low-income block.louis vuitton speedy The volunteer for United Wisconsin, the committee commanding the effort, handed a clipboard to Shiver, who gamely signed his name in support of ousting the governor, Lt. Gov. Rebecca Kleefisch and a local state senator, Terry Moulton, one of four Republican state senators targeted in the drive. Shilts and three other volunteers spent an hour on the block and gathered 15 signatures, which they would later submit to officials at United Wisconsin, who need signatures from 540,208 eligible voters to trigger a recall of governor Walker.louis vuitton backpack for sale On Tuesday, the deadline for filing the signatures, the group announced it had turned in more than 1 million names to the state??s Government Accountability Board, a show of political force for the Democrat- and union-backed movement to make Walker just the third governor in U.S. history to be ousted from office in a recall election. If the signature-gathering effort is any indication, Wisconsin Democrats want to make the recall debate about Walker’s cuts to the social safety net, not the collective bargaining restrictions that launched mass union protests and a spate of senate recall votes last year.replica louis vuitton Shiver??s hard-luck story was exactly the kind of cautionary tale Shilts was telling to residents last Thursday. Shilts is a member of a teachers union, but his pitches didn??t stray into labor politics. Instead, he focused on Walker??s cuts to health benefits and school districts. Shilts is an educational psychologist at elementary schools in the nearby Chippewa Falls school district, which could face up to $3 million in cuts next year under Walker??s latest budget.louis vuitton handbags for sale The plan closed a $3.6 billion shortfall. (MORE: A Coup in Wisconsin: How the Governor Got His Way) As a result of Walker’s budget plan, Shilts says he and his wife, a second-grade teacher, have lost at least $800 a month in take-home pay and have switched to health insurance plans with higher deductibles. But the self-described progressive Democrat insists his motives for volunteering are not financial.louis vuitton belts ??When you take $800 million out of public education it hurts children,?? he says. ??That was number one. Not to mention other things that hurt seniors and the working poor. It??s not hard to get off the couch and get out there and get this guy recalled.gucci handbag for sale?? Shilts, who has been canvassing since Nov. 15, says face-to-face encounters have rarely been hostile, even when there was ideological disagreement. Petition sites on street corners, meanwhile, have seen more ugliness, as passers-by have shouted slights like, ??You??re the haves and we??re the have-nots!?? Now that Democrats have submitted their signatures, the street fight to wrestle the governor out of office will likely move to the courtroom. Walker??s campaign has already struck a legal victory against the Government Accountability Board, which a judge ruled must take more stringent measures to validate signatures than it did during last summer??s recall elections of nine state senators??two of whom Democrats successfully ousted.handbags louis vuitton The GAB is not anticipated to contest that ruling, but the Milwaukee Journal Sentinel reports that the board might request an extension on the 31-day period it has under state law to determine whether a recall election should go forward. The GAB has said it will need at least 60 days to approve the petitions against Walker and Lt. Gov. Kleefisch, which could push the potential recall vote into March.cheap gucci belts If Democrats, who have yet to coalesce around a single challenger, decide to hold primaries, the recall vote might not happen until summer. Costs to state and local governments could rise–the GAB estimated the recall??s price-tag to be $9 million, not accounting for primaries??and the board will need court approval for any extension. Beyond the courtroom, the GOP will use its volunteers to scrutinize the rolls for invalid signatures, providing a check on the GAB and a potential basis for more legal challenges. Walker??s campaign is coordinating with the state party to recruit volunteers for the joint verification effort, says Ben Sparks, communications director for Wisconsin??s Republican Party.handbags louis vuitton He says more than 5,000 residents have already signed up on Walker??s campaign website, and that the party has opened ten field offices across the state. At one of those offices in Eau Claire on Monday night, about 75 people showed up for an informational session hosted by party officials, says Brian Westrate, chairman of the Republican Party of Eau Claire County. It??s all part of a groundswell of GOP activism that Westrate says he hasn??t seen in a decade of his involvement in Wisconsin Republican politics. Last summer, the party set up a booth at the local Bob and Rocco Gun Show, where he said he saw unprecedented support for Walker.cheap gucci belts ??People came up to us really upset at what they believed was the hubris of public employees,?? he says. ??We??ve seen a lot of the benefits [of Walker??s policies]. Property taxes have gone down. Budget gaps have turned into budget surpluses.louis vuitton handbags for sale?? Sparks, of the state GOP, points to a private sector net job gain since Walker took office. (By December, the state has gained about 16,000 private sector jobs, notes PolitiFact.com, which has been tracking Walker??s promise to create 250,000 private sector jobs by 2015. But it lost 11,700 in November alone, the largest monthly job loss since Walker took office).cheap gucci belts ??The simple truth is that this recall effort is a partisan power grab on behalf of Wisconsin Democrats,?? he says. ??Walker campaigned on balancing the budget without raising taxes and he did just that.?? Shiver, the ailing father, agrees that Walker fulfilled his campaign promises, and says he may have voted for the Republican before he got sick. That happened while he was living in Florida, where Shiver worked for a military contractor, Computer Science Raytheon, as a telemetric technician with salary and benefits.louis vuitton neverfull Although Shiver was a union member, he also considered himself a faithful Republican for some 30 years. Then sickness struck him and his wife. Laid off and facing eviction in 2007, he moved to Wisconsin with his family on the advice of his son, who told him about the state??s generous health care benefits. Now he attributes those benefits to alleviating much of his pain and allowing him to progress toward his short-term goal of being healthy enough to go fishing with his daughter.chanel handbags for sale Last fall, Walker and his Republican allies were pushing forward with $500 million in cuts to close a shortfall in the state??s health care plans. Such a move would drop coverage for 65,000 enrollees, according to the legislature??s budget office. But the state recently lowered its estimates to a $232 million shortfall and Walker has said he??s open to making a deal with the federal government that would prevent those cuts. In any case, Shiver wants to protect his benefits.fake ugg boots ??He is doing what he promised,?? Shiver says of Walker. ??But the people who put him in office, they??re the people who have insurance. That??s why I signed the petition.
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