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Posts Tagged ‘Obama Campaign’

MSNBC.com

By NBC’s Ali Weinberg

6/8/12

Swiss bank accounts. Money hidden in the Cayman Islands. Bain capital income.

The Obama campaign warned Thursday that Republican presidential candidate Mitt Romney will have full access to those three pots of money and more unless he puts his investments in a federally-recognized blind trust.

Seizing on the Romney campaign’s announcement Wednesday that the candidate would only turn his holdings over to a federal trust if and when he becomes president, the Obama campaign claimed that Romney’s decision not to do so sooner underscores the point they’ve been trying to make about him: He’s wealthy, which makes him out of touch, and sometimes evasive about his wealth, which makes him untrustworthy.

Because Romney’s current blind trust isn’t recognized by federal standards, under which trusts are overseen by the Office of Government Ethics, it isn’t really “blind” because Romney’s personal attorney, with whom Romney can easily communicate, oversees it, Obama spokesman Ben LaBolt asserted today during a conference call with reporters.

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Turns out Mitt Romney’s Bain record didn’t create jobs in Massachusetts (Jim Bourg/Reuters)

Daily Kos

By- Jed Lewison

Wed May 30, 2012 at 07:18 AM PDT

With ABC’s Jake Tapper reporting that the Obama campaign is about to unleash an attack on Mitt Romney’s weak job creation record in Massachusetts, here are three things you should know:

  1. Just like he is doing in 2012, Mitt Romney in 2002 said that his private sector experience as CEO of Bain Capital would allow him to create jobs in the state.
  2. Romney’s private sector experience didn’t help him create jobs. Under his leadership, Massachusetts ranked 47th out of 50 states in creating jobs. During Romney’s tenure, the job growth rate was three and a half times higher nationwide than it was in Massachusetts.
  3. By the end of his term, Romney was so unpopular that he didn’t even run for reelection—and if he had, he certainly would have lost.

With a record like that, it’s no wonder that in his standard stump speech, Mitt Romney doesn’t even mention that he was once governor of Massachusetts.

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The Maddow Blog
Tue May 29, 2012 8:00 AM EDT

Mitt Romney will join Donald Trump tonight in Las Vegas for a fundraiser, just a few days after the reality-show host reiterated his support for the ridiculous “birther” conspiracy theory. Asked by reporters yesterday whether Trump’s ugly, borderline-racist antics gives him pause, Romney seemed unconcerned.

“You know, I don’t agree with all the people who support me and my guess is they don’t all agree with everything I believe in,” Romney said. “But I need to get 50.1% or more and I’m appreciative to have the help of a lot of good people.”

That’s not much of a response. By Romney’s reasoning, decency is irrelevant — he should partner with anyone, no matter how vile, so long as it furthers his ambitions and gets him more votes.

The Obama campaign released a new video this morning, contrasting Romney’s response to supporters’ extremism with John McCain’s.

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Political Animal

April 09, 2012 8:45 AM

Buffet Rule Tax Day Push

By Ed Kilgore

Usually the week leading up to April 15, the federal income tax filing day, belongs to conservatives who have the change to score uncontested goal after goal against an unloved and unlovable tax system, and more broadly, the public commitments that make it necessary.

But this year, it looks like Democrats will for once try to take the initiative with a “tax fairness” campaign that will have the added benefit of directing public attention to Mitt Romney’s balance sheet. Here’s Jonathan Wiesman’s description:

President Obama and Senate Democrats will kick off a coordinated pressure campaign on Republicans next week ahead of a tax day vote on legislation to enact the president’s “Buffett Rule,” which would ensure that the rich pay at least 30 percent of their income in taxes.

Mr. Obama will travel to Florida on Tuesday for a speech on the Buffett Rule, named after the billionaire investor Warren E. Buffett, who has made a point of saying that he pays a lower tax rate than his secretary. The Obama campaign will hold Buffett Rule events in other swing states that day, and Senate Democratic leaders have encouraged Democratic senators to get involved with those campaign efforts….

The push comes ahead of a procedural vote on April 16 that will decide whether the Senate will even debate the bill, and Democrats give it little chance of reaching the necessary 60-vote threshold.

Wiesman’s article goes on to debate whether the Buffet Rule specifically, or “fairness” generally, is a winning election-year economic message.

I think this sort of argument falls prey to the amazingly persistent and pernicious idea that whole issue areas “belong” to one party of the other. No, it doesn’t make much sense for tax fairness to become an overriding issue for Democrats this year. But it makes even less sense for Democrats to fall mute or try to change the subject every time Republicans talk about taxes.

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The Huffington Post | By
Posted: 03/ 8/2012  8:50 am Updated: 03/ 8/2012 12:10 pm

The Obama campaign on Thursday morning released the trailer for the 17-minute-long infomercial/biopic that it will unveil later this month.

The trailer doesn’t reveal much, save that the film — directed by Davis Guggenheim of “An Inconvenient Truth” fame — is narrated by Tom Hanks and features a wide cast of first-term characters. Even Elizabeth Warren, the consumer protection advocate turned Massachusetts Senate candidate who clashed with the president’s economic team, makes a cameo, discussing the dangers of not bailing out the auto industry.

And that’s sort of the point of the film: to shine a light on all of the tough decisions the president made without getting into the messier, staff-level drama that preceded those decisions.

The full trailer is below.

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The Huffington Post | By
Posted: 03/02/12 02:56 PM ET

The Obama campaign has started a petition aimed at forcing Americans for Prosperity, the conservative group backed by billionaires Charles and David Koch, to release its donor lists to the public, proving the group’s claim of running a grassroots-supported organization.

This latest move by the campaign is part of an ongoing battle between the Obama team and the Koch brothers.

In late February an email to Obama supporters described Americans for Prosperity as a “front group” and accused the Koch brothers of making millions by “jacking up prices at the pump.” The email also claimed the Koch brothers have committed $200 million to destroying Obama before the November election.

Phillip Ellender, president of government and public affairs for Koch Industries, responded to the email with a letter addressed to Jim Messina, campaign manager for Obama’s re-election efforts, disputing the accusations.

“We own no gasoline stations and the part of our business you allude to, oil and gas refining, actually lowers the price of gasoline by increasing supply. Either you simply misunderstand the way commodities markets work or you are misleading your supporters and the rest of the American people,” Ellender wrote.

The letter goes on to defend the organization as not being funded exclusively by the Koch brothers. “Rather it has tens of thousands of members and contributors from across the country and from all walks of life,” the letter stated.

As the Washington Post reported on Wednesday, Messina responded directly to Ellender’s letter, in which he scolded the Koch brothers’ companies and organizations.

MORE HERE

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