
You'd think conservatives might be a tiny bit pleased that President Obama huddled with the corporate poobahs of the Business Roundtable yesterday. Having a seat at the big table, a sense of not being ignored, a gathering of their own, that sort of thing. But American Values President Gary Bauer is not having it. He fumes:
I know there is an assumption that big business is conservative, but that is not the case. Nearly half of the corporate sponsors to the Human Rights Campaign, the nation’s largest homosexual rights lobbying group, are members of the Business Roundtable. Several also donate to Planned Parenthood.
The Business Roundtable was supportive of Obamacare. In fact, the big pharmaceutical companies were big cheerleaders for Obamacare. Several Business Roundtable CEOs backed the cap and trade bill. And of course the stimulus bill was a major boon to Business Roundtable companies like General Electric, which landed big government contracts.
While President Obama was meeting with presidents of the biggest multinational corporations, Speaker Boehner and other House leaders were sitting down with small business owners, many of whom file their taxes as individuals, not corporations. They are the real job creators who will bear the brunt of income tax increases.
This is a good opportunity for conservatives to remind the American people that while they care strongly about pro-growth economic policies, they are adamantly opposed to crony capitalism. Nobody voted for the Business Roundtable last month. Its leadership should not sellout Main Street entrepreneurs and the taxpayers in order to feather their nests with future favors from big government.
Conservatives seem to be test-driving some brand new jujitsu here: the Democratic president is now a Gilded Age plutocrat who schmoozes with the Montgomery Burnses of the world, while Republicans are the ones comforting small business owners, the "real job creators." And why? Because conservatives are "adamantly opposed to crony capitalism."
Furthermore, they fret that an unelected body of rich folks like the Business Roundtable will fleece hard working middle-class Americans to further their own interests. Apparently, the first casualty of a lost election is irony.





It is so joyful to see how many irrelevant, gas bags and ' cronies ' that are on their way out of politics . . . Wake up and smell the coffee, the truth AND the voting Right-Wing Radicals . . . and don't let the door hit you on the butt on your way out !!
President Obama says up they say "Down", the President says in they say"OUT" They just want to be on the opposite side of where President Obama is on everything. But what if the President just stays in the middle? Will they then move so far right til we Americans will need binoculars to see them? Bye Bye "Ferrel Cat caucus, we hardly knew ye!
It's like the deification of all things business stops when the corporation-as-person-business fails to goose-step with the GOP authoritarian party line.
You are a hallowed job-creator unless the jobs you create vote the wrong way, and, heaven forbid, donate money the wrong way.
That's worse than holding false beliefs, having a false consciousness. Because business loyalties are supposed to be absolute, like a litmus test, hold a business, vote with us. WHAT? Are you out of your mind? How dare you use your business assets and influence to go against what we determine to be your best interest?
Adam Smith's strangely magickal invisible hand has only one interpretation, in their world. If other invisible hands are leading capital in the wrong directions, well then, that must not be a REAL invisible hand!
Conservatives embrace Capitolism which is the complete opposite of Crony Capitolism.
Solyndra. The perfect example of Cronyism.
http://www.publicintegrity.org/environment/energy/solyndra?gclid=CPjinZCOh7QCFeGDQgodnG8AKA
Actually, Halliburton's cost-plus contract in Iraq was the perfect example of Cronyism.
Solyndra was orders of magnitude smaller and didn't even involve a cost-plus contract. No comparison.
You mean Haliburton from the Bush Administration? Newsflash: Bush is not only no longer in office but hasn't been for over a complete term.
At that rate we could spend hours talking about the Clinton illegal Scandals like Whitewater.
Haliburton was a tremendous Scandal that raped Americans of hard earned tax dollars in the most criminal of ways. No doubt. But your facts are backwards as in a 8 billion dollar scandal no way comes close to the hundreds of billions of Stimulus that went to Obamas hearty contributors, slush funds, phony corporations, ect. ect. Solyndra was just one of many known examples.
I despise Crony Capitalism, but to try and say that it is only the right that engages in it, is not only niave but down right dangerous.
Johnny, are you remotely familiar how cost-plus contracts work, and how they are known to essentially guarantee graft? That is why they fell out of favor decades ago, until brought back by your beloved GOP to benefit their evil master, Dick Cheney.
You stated that Solyndra was a perfect example of Cronyism. It was not.
Now you complain about the Stimulus bill, which prevented a slide into depression and the largest components of which were tax cuts, tax credits, and safety net expansion to the poor and middle class. So, now a tax cut to the general populace is graft?
Seriously, you have gotta take Bill O'Reilly's blather with a grain of salt.
I never said that ALL of the stimulus was graft. But none the less, a great part of it was. And honestly did it work? Or do we know have that much more debt, half of which is owned by China, with not much to show for it.
I know exactly what cost plus contracts are, I'm a Contractor. I do not agree with them, but they don't guarantee graft. NO-BID cost plus contracts guarantee graft.
Yes i am a conservative but that doesn't mean i favoured Bush and i despise Cheney. I just had to vote for the party that i most ideologically aligned. Those two inflicted plenty of atrocities to the American people. But my point is, to think that there is not such things being committed by both sides equally is not wise.
Btw, don't listen to Oreille, Hannity is my guy;) Yeah i know, he can get too far out there, but then again so can Maddow and company.
Solyndra was too an example of crony capitalism. FAUX Noiese said it was! And so did Romney in his campaign!
They did say that! They say that. It must be true! It must be...
@jonnymoses0 china only holds 13% of all the debt of the US 45% of the debt is held by Social security and another 25 is held by privet US securities chine is the least of are worry's. besides what are they going to do if we default foreclose? that's ridicules. see there really is no tangible risk for the united stats in the fact that China or any other foreign country holds part of our debt. man you watch to much Fox news if you live in a bubble then you are a bubble head. spewing erroneous facts only makes you look irrelevant and i for one would really like to have an intelligent and rational conversation with you. but until you actually go out and read something then i think that's not really a possibility
Jonny,
Actually, what you first said on this thread was that Solyndra was a perfect example of Cronyism -- which I then pointed out pales in any comparison with the no-bid cost-plus contract awarded to Halliburton for services in Iraq. You are just going to have to find another adjective to describe Solyndra.
As I believe you have finally admitted, the Halliburton contract is a far better representation of Cronyism than Solyndra, and since 'perfecter' is not a word, then your original statement was false. (Halliburton can not be more perfect and Solyndra less perfect but still perfect.)
And, by bringing up the stimulus by name with no other qualifiers, you did say that the entire stimulus was corrupt. What we got out of the stimulus was not repeating the experience of the Hoover administration, where a major financial crisis was turned into an economic death spiral by government austerity.
just a note. the bulk of the government money for solyndra was provided in 2005. correct me if i'm wrong but i think President Obama didn't assume office until 2009.
Oh and Johnny, I just can't let this go: If the Clinton White House was so rife with scandals "Like Whitewater", then the republicans during his administration must have been the most inept, incompetent people on the planet because they spent $70 million and basically produced nothing but a (bad) soft-core porn novella.
Last year, Defense Tech had an article about a report from the Center for Strategic and Budgetary Assessments which showed that in the last decade, American taxpayers spent 46 billion dollars on DoD programs that were cancelled.
Where was the hue and cry over this from those screaming about Solyndra?
Just look at the ill-fated F-22 program. Originally the Air Force intended to purchase 750 copies of the plane at a total cost of $26 billion. We ended up spending $62 billion and got just 187 planes before the Administration canceled the program in 2009.
http://en.wikipedia.org/wiki/Lockheed_Martin_F-22_Raptor
One little detail is especially telling. To insure Congressional support for the program, Lockheed-Martin made sure there were some 1,000 subcontractors spread liberally across 46 states. We'll never know how managing this politically-motivated decentralized system of production added to the total cost of the plane or delayed its deployment.
When Gary Bauer and the GOP work to cut the blatant pork rolled out to major corporations, known as defense contracting, I will listen to their claims to oppose crony capitalism.
I'm waiting, but not holding my breath.
Exactly John . . . when the Right-Wingers in Congress start talking about cutting the following . . . maybe people will believe that they actually have the best interests of the American people at heart ( yeah right ) :
Banking and Mortgage fraud and graft.
Military spending fraud and graft.
Funding Foreign Dictators fraud and graft.
Wall Street fraud and graft.
Corporate Welfare / Subsidies fraud and graft.
Slush funds and political pacs fraud and graft.
And on and on.
Republicans NEVER talk about these things . . . why ?
Oh . . . it is because this is where their ' campaign funding ' comes from.
NEWS FLASH FOR RADICAL RIGHT WINGERS AND VULTURE CAPITALISTS :
We, the American People, are not stupid . . . we are just BUSY surviving.
We do take time to vote!
Obviously something that any group calling themselves "American Values" should strongly object to!!!!
Sheeesh!!!! When are these people going to go crawl back under their rocks already!
it would also be fun to drop rocks on them. from a great height.
This is the twenty-first century, my friend. Rocks are passe'.
On the other hand, anvils (or depleted uranium rods ...) from orbit? :-)
In a desperate attempt to evoke a response of pot meet kettle from the left wing the right wing loons dismiss the idea that we are not as crazy as they are. Obama has repeatedly shown that he is not anti-capitalist as he meets with manufacturers and suppliers again and again. He seems to realize that rather than simply saying no, if he sits down with them and states the problem then asks them to help find a solution they suddenly are taken off the warpath and either have to listen to reason or STFU.
(Why are the republicans so intent on committing political suicide?)
They have been on the merry go round for so long that they don't know what's up!
They are so desperate for power they resort to almost anything, except their jobs.
Yes it's the small business owners like Adelson and the Koch brothers that funded the super pacs and you know that ALEC is comprised almost solely of S Corporation and L.L.C. owners. Right.
They will say and do ANYTHING to bamboozle the American public. They are liars and cheats. Period.
I just watched a segment on Rachel's show about the Republicans and the debt ceiling/fiscal cliff/author's book. The guest author from Rueters noted that President Obama did not do the "meet and greet" in his job description during his first term. I would REMIND the author to check her history. President Obama invited Republican leaders to the White House to MEET and GREET a number of times and and SNUBBED for his efforts. They TURNED DOWN the President of the United States. HELLO.
Cheryl,
A big "Hello" to you. DEMS control the White House and the Senate, which they have controlled now for several years. Who is responsible here? Can you, with a straight face, continue to pin all ills on the REPS, who have merely held the House for 2 scant years? Wake up DEMS and take responsibility for the horrible U.S. economy! It absolutely sucks, no matter how you dice it. The American people have endured the worst period, economically, since the Great Depression. Everyone I talk to is tired, very tired, and looking for real leadership. Our next generation, 18 to 30 year-olds, have a legitimate gripe....."Where are the jobs?"
With the current filibuster rule the Dems do not control the Senate. It take one Repub to stop any legislation and 60 to over ride.
Mike, I mentioned the word F-I-L-I-B-U-S-T-E-R In an earlier lesson, but you seemed to have been absent.
In the first 11 months of the 111th Congress, the U.S. Senate broke the "fillibuster record" with over one hundred in the first eleven months alone. The Democrats had a "super majority" for a very brief time, from the seating of Al Franken until the death of Senator Kenney with an additional short period until Scott Brown was elected in the special election.
http://www.outsidethebeltway.com/did-the-democrats-ever-really-have-60-votes-in-the-senate-and-for-how-long/
So, to the extent there was a filibuster proof majority in the Senate it lasted during two brief periods which lasted for a total of just over five months when counted altogether (and Congress was in its traditional summer recess for most of the July-August 2009 time frame).
I'd tell you who to ask where the jobs have gone, but Mitt Romney isn't talking, and neither are the Koch Brothers or Adelson...
Take two Pinocchios and call headquarters in the morning for some new Talking Oinks®.
Our next generation, 18 to 30 year-olds, have a legitimate gripe....."Where are the jobs?"
Confederate in Ga , that is why they all voted for obama , and where are all the jobs from the 2003 con tax cuts? still waiting
I can give you the job numbers from the obama stimulus , while you have zero
This is only vaguely funny and/or appropriate when you consider that Democrats raised and spent over $1 BILLION to buy Obama a second term. Coulda, shoulda been spent on the poor. What a waste!
Auctions work that way, Mike. The Republicans are just sore they were outbid...
Well, of course they're cuckoo clocks, too...
Now maybe the Republicans could go first on helping the poor...
So, Mike, surely you and your fellow Republicans must then favor public financing of political campaigns, right? How about overturning Citizens United? Are you on board with that, too?
HOPE 42012..you seem to blame the Republicans. Let's quote from your comment:
"Military spending fraud and graft"..........Sounds like Obama, Afghanistan and Pakistan, no?
"Funding Foreign Dictators fraud and graft"....more Obama, but let's add Egypt to the mix.
"Corporate Welfare / Subsidies fraud and graft"....General Motors, Chrysler, etc....more Obama
You obviously don't live in the U.S. or you would know that DEMOCRATS never talk about "these things".
ok, i'll see your list and raise you. first a few give-backs.
Afghanistan - shrub's war. you keep it. he ran it "off the books" anyways because it's better to fight a war on the credit card. Pakistan - we'll take half and no more. both sides at fault.
Egypt - they threw out a dictator. President Obama has stated that Egypt is an unknown quantity and bears watching to see if democracy takes root and if indeed they are our friends. so you don't get to pin this on the President, besides i seem to remember loud criticism from the right when the President said that he wasn't sure if the "new" Egypt was our friend.
corporate welfare etc. - the money loaned to general motors and chrysler is being paid back. and incidentally the loans saved, directly or indirectly, about a million jobs. and shut up about solyndra - the most of the money for that was appropriated in 2005.
now the raise.
Iraq - thousands of American dead and many more wounded. all because shrub and the neocons lied about WMD's. also a few trillion dollars not on the books. 'cause why pay for a war if you can put it on the old credit card (aka the debt)?
the shrub tax cuts - billions (if not trillions) of dollars given to top tax bracket people (the 2%) who don't need it and won't spend any of it to create jobs. of course, they will take a tax break to move a company to china. the reduction of the estate tax so the waltons and others can keep ALL daddy's stuff.
the unfunded (that credit card again) - medicare drug benefit. more billions.
corporate welfare (again, but this time, my turn) - subsidies to one of the most profitable businesses in the world - oil companies. subsidies to agri-biz that help mega-farms but not the "small farmers" that the right cries about all the time. haliburton (there are no words to describe this blatant overspend on no-bid, cost-plus work that electrocutes American soldiers) - just file it under "graft" - except the parts that are outright theft. the republican provisions in the medicare laws that prohibit the program from bargaining for the best drug prices, a nice gift for big pharma.
so clean your own Augean Stables before you bitch about anybody else's.
now, can i sell you one of these nice glass navels?
Bravo bravo Temp!
It's a good thing he met with big money people. They have a responsibility towards the nation in which they made their fortune. It's time to put human beings above market profits again.
"The market is a great servant, but a terrible master." -President Rafael Correa
Need anyone say more? Anyone with a real love of our country will cringe when they read this: http://www.aei-ideas.org/2012/07/julias-mother-why-a-single-mom-is-better-off-on-welfare-than-taking-a-69000-a-year-job/
So when can we expect Boehner and McConnell to sit down with unemployed Baby Boomners who lost their jobs when a public equity guy took over their company and outsource their jobs?
You can also thank Marshall Fields, who having made it scarcely through the depression, started buying up all the smaller shops in town, and then folded and sold their store and their assets to Macys'. They sure learned fast how to play monopoly. He was one of those boisterous businessman who wanted you to wash his feet and everything else. He treated his employees like slaves. When will that type of manager get the boot? I guess the lesson is that the top cats are making all the money, and they're playing with it, instead of passing the savings along to their customers and their employees. Scrooges' the whole lot of them.
"The Democratic president is now a Gilded Age plutocrat who schmoozes with the Montgomery Burnses of the world, "
True, so far. The idea that the Republicans are an alternative is ridiculous, obviously, but how about you call a spade a spade and critique the Democratic party and president for their own business-friendly self-interested nihilism?
Oh c'mon they are opposed to any crony caitalism unless its their particular crony. More BS from hypocritcal gas bags I ask you all. why are we listening to this crap???????????????????????????????????????????!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
How do the Reich spell H-Y-P-O-C-R-I-T-E...?
Increased Tax Rates on “Job Creators” will not Kill the Economy
Republicans have repeatedly said that increasing tax rates on the job creators (those making over $250.000 per year) will kill the economy. John Boehner said it again today in explaining why he is not able to reach an agreement with President Obama on avoiding the “fiscal cliff.”
Unfortunately, most in the news media do not critique these statements, implying that they are true, when in fact they are quite the opposite. If they were true, we should be experiencing an economic boom as tax rates on the upper end are lower than any time in my lifetime which began in 1940.
Not only is this Republican mantra false, I believe the opposite is true – raising tax rates at the high end will actually stimulate the economy. Why? Because, faced with higher tax rates, (if it makes business sense) wealthy business people will spend and hire more to reduce their exposure to the higher tax rate. Why do I think this? Because I am in this position – I own 50% of a small manufacturing business with distributed income that exceeds the magic $250,000 per owner, and that is what I would do if I worried about my taxes going up. Increasing tax rates decreases the personal cost of buying equipment, hiring people, increasing wages or distributing bonuses!
So, enough with the silence on the major Republican argument against raising taxes! The US government is destitute; a majority of the populace is struggling financially; and, because of extremely favorable tax rates and business conditions, the top of the heap is doing very well and has amassed great piles of money over the last 30 years. It is time to shift some of that money to reduce our national debt and the discrepancy between incomes at the top and the bottom.
Clark Bergman
Lino Lakes, MN 55014
651-481-9041
Increased Tax Rates on “Job Creators” will not Kill the Economy
Republicans have repeatedly said that increasing tax rates on the job creators (those making over $250.000 per year) will kill the economy. John Boehner said it again today in explaining why he is not able to reach an agreement with President Obama on avoiding the “fiscal cliff.”
Unfortunately, most in the news media do not critique these statements, implying that they are true, when in fact they are quite the opposite. If they were true, we should be experiencing an economic boom as tax rates on the upper end are lower than any time in my lifetime which began in 1940.
Not only is this Republican mantra false, I believe the opposite is true – raising tax rates at the high end will actually stimulate the economy. Why? Because, faced with higher tax rates, (if it makes business sense) wealthy business people will spend and hire more to reduce their exposure to the higher tax rate. Why do I think this? Because I am in this position – I own 50% of a small manufacturing business with distributed income that exceeds the magic $250,000 per owner, and that is what I would do if I worried about my taxes going up. Increasing tax rates decreases the personal cost of buying equipment, hiring people, increasing wages or distributing bonuses!
So, enough with the silence on the major Republican argument against raising taxes! The US government is destitute; a majority of the populace is struggling financially; and, because of extremely favorable tax rates and business conditions, the top of the heap is doing very well and has amassed great piles of money over the last 30 years. It is time to shift some of that money to reduce our national debt and the discrepancy between incomes at the top and the bottom.
Clark Bergman
Lino Lakes, MN 55014
651-481-9041
You should tell conservatives that and see how fast their heads explode as they realize they've been trying to help gays and planned parenthood supporters
OOHH,Exploding conservative heads I just love that mental image.Good job.CynicalCitizen.