We are a commune of inquiring, skeptical, politically centrist, capitalist, anglophile, traditionalist New England Yankee humans, humanoids, and animals with many interests beyond and above politics. Each of us has had a high-school education (or GED), but all had ADD so didn't pay attention very well, especially the dogs. Each one of us does "try my best to be just like I am," and none of us enjoys working for others, including for Maggie, from whom we receive neither a nickel nor a dime. Freedom from nags, cranks, government, do-gooders, control-freaks and idiots is all that we ask for.
You've probably heard me talk about the unprecedented level of negative campaigning we're going to see from our opponents this year.
So far it's come in fits and starts, but this week the floodgates burst open: Karl Rove's Crossroads GPS launched a new $25 million negative ad campaign and we got a look at a super PAC's plan to "do exactly what John McCain would not let us do" in the last election.
These attacks are only going to get worse, so it's important that we continue to share the facts about President Obama and Mitt Romney with our family, networks, and friends.
#1: Video: Responding to Rove Crossroads GPS -- an outside group run by Karl Rove -- released an ad filled with all sorts of false statements about President Obama's record. Watching it, I was struck by how many of the attacks actually seemed more applicable to Mitt Romney than President Obama. For example, the ad says President Obama hasn't done anything to help those affected by the mortgage crisis -- but Mitt Romney himself has said: "Don't try to stop the foreclosure process. Let it run its course and hit the bottom." The ad also says President Obama isn't working to reduce the federal budget deficit -- not only is that not true, but Romney's pushing tax cuts weighted towards millionaires and billionaires that could explode the deficit by as much as $5 trillion. I recorded a short video to address the false claims in Rove's ad. Check it out, and share it with others:
#2: "What John McCain would not let us do" Reports surfaced this week about a plan drafted by top Republican strategists to spend $10 million on inflammatory TV ads against the President, evoking Rev. Jeremiah Wright and images of the September 11th attacks to show what these strategists crafted as "the truth," but what really is their divisive slime presented as the President's plan to destroy America. The authors of the report are upset that voters "still aren't ready to hate this president" and they're apparently willing to go to appalling lengths to tear down the President and elect Mitt Romney. These kinds of hate-filled attacks are exactly why folks like you on the Truth Team are so crucial. Check out the blog post from our campaign manager Jim Messina and share it around:
#3: Romney Economics I wrote to you about the Truth Team's newest project, RomneyEconomics.com, earlier this week, but it's worth another look. Romney is campaigning on the idea that he's some sort of economic wizard who can use his private equity experience to create jobs as president, so it's important that we understand the actual lessons and values he drew from that experience -- which included buying and bankrupting companies like GST Steel. Take another look at the site, and if you haven't shared it yet, please do:
#4: Obama vs. Romney on the deficit If anyone thinks Mitt Romney would reduce the federal budget deficit as president, this chart shows that just isn't true. Take a look, and make sure that others see the difference between President Obama and Romney when it comes to deficit reduction:
#5: Keeping his word: Women's health I realize that responding to all the mud that our opponents have slung this week isn't the most uplifting thing ever, so I thought it'd be nice to end this week's tipsheet on a positive note. Watch a video showing how President Obama has followed through on his commitment to fight for women's health, and share it with others who care about this issue:
Until next week,
P.S. -- Erin Bilbray-Kohn's letter to President Obama explaining why she supports him was so powerful that we decided to make it into a video.
Axelrod is a choirboy compared to his boss's scott-free and still busy-as-a-beaver selling out as much of the only-marginally crooked-to-date rent-seek deals as he can while the gettin's good, erstwhile campaign finance chairman Jon Corzine. This is almost funny in that ghastly 'hey who killed me?' way we are being taught to know and love:
In the wake of the 2008 crash it’s often been said that one of the major problems in getting the public to grasp the crimes committed by banks and financial companies is the extreme complexity of the transactions used. The mortgage-backed-securities scam by itself was really just a common fraud scheme, but it was cloaked in the extremely complex verbiage and advanced math of derivatives transactions, which made it possible for bankers to bluff their way through an argument that no crimes had been committed.
But MF Global is different. This is not complicated at all. This is just stealing. You owe money, you don’t have the cash to cover it, and so you take money belonging to someone else to cover your debts. There’s no room at all here for an argument that this money was just lost due to a bad investment, an erroneous calculation based on someone's poor understanding of a complex transaction, etc. It’s straight-up embezzlement.
Nonetheless, there’s been an intense effort at trying to convince the public that no crime has been committed. Whoever is handling MF Global’s P.R. (according to Pam Martens in this excellent piece, it’s APCO worldwide, a former Big Tobacco spin factory) appears to have convinced the company’s officers to emphasize the word “chaos” in describing the last days of the firm – as though $1.2 billion wasn’t intentionally stolen, per se, but simply lost in a kind of uncontrolled whirlwind of transactions that magically carried the money out of accounts off to worlds unknown.
I call this the “Wizard of Oz” defense: a Big Twister hit the firm’s customer accounts, chaos ensued, and when the dust settled, no one knew where the heck little Dorothy and her money had gone.