OBAMA’S NEW TAX PLAN WOULD SLASH CORPORATE RATES BY UP TO 10 PERCENT. (New York Times) Seeking to beat potential Republican vials to the fore of the “tax debate,” President Obama on Wednesday announced sweeping proposals for overhauling the nation’s corporate tax code. Currently sitting at a listed rate of 35 percent, the White House [...]
At a pace much faster than anyone could have projected, the landscape of campaign finance in American politics has undergone a dramatic transformation to a point where deregulated outside groups hold a distinct advantage over individual campaign war chests. The monumental presidential contest of 2012 appears to be the dawn of the super-PAC age in [...]
Already poised to blow out records for the most expensive campaign in American history, the financial stakes attached to the 2012 presidential election were raised to unprecedented levels by a monumental flip-flop from Barack Obama. Having long promised to raise as much as one billion dollars in direct donations to the campaign to win a [...]
“A CIA-M16 PLAN TO STAGE FAKE BORDER INCIDENTS AS AN EXCUSE FOR AN INVASION (OF SYRIA) BY SYRIA’S PRO-WESTERN NEIGHBOURS.“ (Global Research) Sound like something that might be happening in 2012 as the U.S., U.K., France and the Arab League contemplate an “intervention” in a Syria in which anti-government demonstrations are being “brutally suppressed?” Well [...]
WHITE HOUSE PREPARED TO CHOOSE POLITICAL EXPEDIENCY OVER WOMEN’S HEALTH. (Salon) The skirmish between the Obama administration and the Catholic Church and other religious organizations over contraceptives has made headlines for much of this week. Indignant religious leaders and their media allies have bashed the federal government for ruling as part of the new health [...]
The federal government’s case against banks for duplicitous and potentially illegal mortgage practices may be reaching an unsatisfactory final settlement even as one of the largest perpetrators of foreclosure fraud takes outrageous steps to block further investigation into their actions at the height of the housing crisis. Tens of millions of homeowners remain “underwater,” owing [...]
STATE OF THE UNION? AWFULLY SHAKY. STATE OF GLOBAL CORPORATE PROFITS? NEVER BEEN BETTER. AND THERE LIES THE HEART OF AMERICA’S JOBS CRISIS… (Robert Reich) President Obama delivered his fourth State of the Union address to Congress last night, brimming with optimism and laying out another laundry list of proposals and wonderful plans that, as [...]
Swathed in comforting talking points and politically sharpened rhetoric, a seemingly innocuous report from President Obama’s “jobs panel” may be a troubling preview of the near future in Washington policymaking. It also underscores the likelihood that President plans on running his hotly contested reelection campaign and his presumptive second term as a committed centrist. One [...]
Highly controversial internet anti-piracy legislation that has caused major web sites to go black in protest and a groundswell of public backlash has been killed — for now — in both the House and Senate. The sponsor of anti-piracy legislation in the House announced on Friday that he was pulling his bill in order to [...]
ARAB SPRING IS DEAD ON ARRIVAL IN THE PERSIAN GULF. CAUSE OF DEATH: FATAL ATTRACTION BETWEEN U.S. AND GCC. (Asia Times) Pepe Escobar describes the deadly arrangement between the U.S. and the wealthy Persian Gulf countries countries comprising the Gulf Cooperation Council, an alliance of six wealthy Persian Gulf monarchies (Saudi Arabia, Qatar, Oman, Kuwait, [...]
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