Mitt Romney

Charles Ferguson ~ America’s Duopoly Of Money In Politics And Manipulation Of Public Opinion

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Common Dreams | October 4 2012

Mitt Romney and President Barack Obama talks after the first presidential debate at the University of Denver. (Photograph: Charlie Neibergall/AP)
Presidential campaigns aren’t where you look for honest, serious discussion of economic policy. Usually, the candidates confine themselves to slogans; sometimes, as with George W Bush, we also get a moron. But in this election, something very different is going on. For the first time, we are explicitly seeing the effects of America’s new political duopoly.Mitt Romney and President Barack Obama talks after the first presidential debate at the University of Denver. (Photograph: Charlie Neibergall/AP)

Both Obama and Romney are very intelligent men. And yet, both of them are completely avoiding, or being dishonest about, huge economic issues – even when their opponent is highly vulnerable to attack. Thus, we have the bizarre spectacle of a Republican ex-private equity banker attacking the Democrat on unemployment, while the Democrat argues gamely that if we just give him more time, everything will be fine – which we all know is not true. Both men say vaguely that they will “reform Washington”, when neither means it.

Neither of them says a serious word about the causes of the financial crisis; the lack of prosecution of banks and bankers; sharply rising inequality in educational opportunity, income and wealth; energy policy and global warming; America’s competitive lag in broadband infrastructure; the impact of industrialized food on healthcare costs; the last decade’s budget deficits and the resultant national debt; or the large-scale, permanent elimination of millions of less-skilled jobs through both globalization and advances in robotics and artificial intelligence.

In a time of pervasive economic insecurity, with declining incomes and high unemployment, four years after a horrific financial crisis, how can all of these questions be successfully ignored by both candidates?

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Whole Foods And GMO Labeling: The Whole Truth

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Organic Consumers Association | October 4 2012

Employee Free Choice Act

After months of pressure from the organic community, including thousands of its customers, the leadership of Whole Foods Market on September 11 endorsed Proposition 37, the California Ballot Initiative to require mandatory labels on genetically engineered foods. But the endorsement came with “reservations” and inaccuracies. It also included the false claim that company policy precludes Whole Foods and its executives from providing much-needed financial support to Prop 37, a campaign that consumers – the very people who have made WFM and its executives wildly profitable – overwhelmingly support.

Is it possible that Whole Foods wants to ride the GMO labeling popularity wave while it quietly works behind the scenes to prevent Prop 37, or any other GMO labeling law, from passing? Could it be that a GMO labeling law – especially one like Prop 37 that prohibits the use of the word “natural” on any food containing GMOs – would cut too deeply into the company’s $9.8 billion in sales and $245 million in profits?

Right up until the company announced its lukewarm endorsement, Vice President of Global Communications and Quality Standards Margaret Wittenberg and other WFM top brass repeatedly stated that they would not endorse Prop 37. CEO John Mackey has reportedly claimed that “the jury is still out” on whether genetically engineered crops and foods are unhealthy for people or the environment. (Mackey also has stated that “no scientific consensus exists” to support global warming or climate change).

And while the company website states that WFM is “committed to foods that are fresh, wholesome and safe to eat”, nowhere on its list of unacceptable ingredients is there any mention of GMOs.

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Chris Hedges ~ How Do You Take Your Poison?

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TruthDig | September 25 2012

We will all swallow our cup of corporate poison. We can take it from nurse Romney, who will tell us not to whine and play the victim, or we can take it from nurse Obama, who will assure us that this hurts him even more than it hurts us, but one way or another the corporate hemlock will be shoved down our throats. The choice before us is how it will be administered. Corporate power, no matter who is running the ward after January 2013, is poised to carry out U.S. history’s most savage assault against the poor and the working class, not to mention the Earth’s ecosystem. And no one in power, no matter what the bedside manner, has any intention or ability to stop it.

If you insist on participating in the cash-drenched charade of a two-party democratic election at least be clear about what you are doing. You are, by playing your assigned role as the Democratic or Republican voter in this political theater, giving legitimacy to a corporate agenda that means your own impoverishment and disempowerment. All the things that stand between us and utter destitution—Medicaid, food stamps, Pell grants, Head Start, Social Security, public education, federal grants-in-aid to America’s states and cities, the Women, Infants, and Children nutrition program (WIC), Temporary Assistance for Needy Families and home-delivered meals for seniors—are about to be shredded by the corporate state. Our corporate oligarchs are harvesting the nation, grabbing as much as they can, as fast as they can, in the inevitable descent.

We will be assaulted this January when automatic spending reductions, referred to as “the fiscal cliff,” begin to dismantle and defund some of our most important government programs. Mitt Romney will not stop it. Barack Obama will not stop it.

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Matt Stoller ~ What Are We Cheering For?

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Salon | September 7 2012 | Thanks, A.L.

In 2008, the Democratic National Platform Committee spoke to the anger, pride and righteousness of civil liberties-loving Democrats. The platform proudly said that “we will ensure that law-abiding Americans of any origin, including Arab-Americans and Muslim-Americans, do not become the scapegoats of national security fears.” In 2012, the Democratic National Convention dropped a Muslim prayer service from its online calendar after receiving criticism from conservative groups, and the FBI sent agents to question the Charlotte Muslim community about its event. Naturally, this year, the Democratic National Platform Committee doesn’t mention Muslims or Arabs.

Meanwhile, writer JA Meyerson, attending the convention, overheard New York delegates derisively talking about Occupy Wall Street’s fixation on drones and presumed whistle-blower Bradley Manning’s torture and imprisonment. This type of talk, according to one delegate, was really alienating Democrats from Occupy Wall Street, who presumably should have been functioning as a support arm to the Democratic Party.

Physically, at the convention, a powerful national security apparatus is in place to kettle and intimidate protesters, keeping them to their free speech zones. Obama himself was nominated by Bill Clinton, a politician so corrupt that he made over $80 million in just 10 years in speaking fees from groups with policy interests before the government he ran, and whose State Department his spouse now runs. And on the floor of the convention, a plank demanded by the Israel lobby was inserted into the Democratic Party platform over the objections of the delegates, in a rank display of internal autocracy.

At the Republican National Convention in Tampa, the creepy subtext of corruption and authoritarianism was similar, but more overt. A Republican National Convention attendee was ejected from the party’s convention for throwing nuts at a black CNN employee and saying, “This is how we feed animals.” Republicans are pursuing laws to disenfranchise poor and minority voters all over the country. Meanwhile, Missouri Republican Senate candidate Todd Akin spoke of “legitimate rape,” and high-level Republicans have argued WikiLeaks founder Julian Assange should simply be assassinated. The GOP has all the appearance of the party of white male supremacy, of white men who support economic and racial hierarchies, backed by violent imperial tendencies.

Ultimately, we’re seeing that both parties are rotten. This rot is rooted in economics. Despite the bitter rhetoric, Obama and Romney are basically in agreement about how the country should be governed. Both Romney and Obama want to see the same core economic trends continue. These are, most significantly, a transition to an energy system based on hydro-fracking of natural gas and oil deposits (and some renewable energy), a large national security state, the sale of public assets to private interests, globalized financial flows, a preservation of the capital structure of the large banks, free rein of white-collar behavior and austerity in public budgets. This policy agenda is a reflection of the quiet coup that IMF chief economist Simon Johnson wrote about in 2010.

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Paul Craig Roberts ~ America’s Descent Into Poverty

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Paul Craig Roberts | August 24 2012

Mike NortonThe United States has collapsed economically, socially, politically, legally, constitutionally, and environmentally. The country that exists today is not even a shell of the country into which I was born. In this article I will deal with America’s economic collapse. In subsequent articles, i will deal with other aspects of American collapse.

Economically, America has descended into poverty. As Peter Edelman says, “Low-wage work is pandemic.” Today in “freedom and democracy” America, “the world’s only superpower,” one fourth of the work force is employed in jobs that pay less than $22,000, the poverty line for a family of four. Some of these lowly-paid persons are young college graduates, burdened by education loans, who share housing with three or four others in the same desperate situation. Other of these persons are single parents only one medical problem or lost job away from homelessness.

Others might be Ph.D.s teaching at universities as adjunct professors for $10,000 per year or less. Education is still touted as the way out of poverty, but increasingly is a path into poverty or into enlistments into the military services.

Edelman, who studies these issues, reports that 20.5 million Americans have incomes less than $9,500 per year, which is half of the poverty definition for a family of three.

There are six million Americans whose only income is food stamps. That means that there are six million Americans who live on the streets or under bridges or in the homes of relatives or friends. Hard-hearted Republicans continue to rail at welfare, but Edelman says, “basically welfare is gone.”

In my opinion as an economist, the official poverty line is long out of date. The prospect of three people living on $19,000 per year is farfetched. Considering the prices of rent, electricity, water, bread and fast food, one person cannot live in the US on $6,333.33 per year. In Thailand, perhaps, until the dollar collapses, it might be done, but not in the US.

As Dan Ariely (Duke University) and Mike Norton (Harvard University) have shown empirically, 40% of the US population, the 40% less well off, own 0.3%, that is, three-tenths of one percent, of America’s personal wealth. Who owns the other 99.7%? The top 20% have 84% of the country’s wealth. Those Americans in the third and fourth quintiles–essentially America’s middle class–have only 15.7% of the nation’s wealth. Such an unequal distribution of income is unprecedented in the economically developed world.

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