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Fatster’s Roundup

Here we are at the end of the week and almost at the end of June, 2012. Hope you’ve got a great weekend awaiting you. Enjoy, and see you back here Sunday evening.

International Developments

? Newly-elected Egyptian President Mohamed Mursi addressed the crowds in Tahrir Square and “swore a symbolic oath. . . telling them they were ‘the source of all authority’.” He also promised “to be a ‘president for all Egyptians’ . . . [and promising] I will not give up on any of the powers given to the president.”

Politics USA

? There it is, 5th paragraph down from the top. Mitt Romney, while bragging about the success of RomneyCare in MA, said: “First, we established incentives for those who were uninsured to buy insurance. Using tax penalties, as we did, or tax credits, as others have proposed, encourages ‘free riders’ to take responsibility . . . ” and blah blah blah.

? For a brief few seconds, savor the spectacle of Mean Jean Schmidt as she thinks the US Supreme Court has just overturned “Obamacare”.

? What’s up with this? “San Francisco Mayor Ed Lee said he is considering implementing the controversial stop-and-frisk policy used in other major cities, including New York and Philadelphia to reduce violent crime.” The legal director of the American Civil Liberties Uion of Northern California said he’s “shocked”. Police Chief Greg Suhr, however, says, “We do not racially profile in San Francisco . . . And we never will.”

? In a 2011 case involving corporate contributions to Hillary Clinton’s campaign, a VA district court ruled that Citizens United “gave corporations First Amendment rights to free political speech that were equal to those of individual people” and thus “companies could donate directly to political campaigns.” The 4th Circuit of the US Court of Appeals has reversed that decision.

? Couldn’t happen to a more well-deserving . . .. The “IRS Takes a Closer Look at Rove’s Dark-Money Group“. At issue is whether Rove’s Crossroads GPS organization (and others like it) are actually non-profits, which is how they’re registered with the IRS. If the IRS revokes their non-profit status, such organizations “could be held liable for large tax bills for the millions of dollars they have received tax-free.”

? A right-wing star story. Joe Olivo, owner of Perfect Printing in Moorestown, NJ, has now been interviewed by NPR and NBC regarding the hardships “Obamacare” will impose on his small business. He’s also testified before the House and Senate committees on the same subject and appeared on Fox Business Network a few times. He’s also opposed any increase in the minimum wage on MSNBC. How’d he get to be such a star? He’s “linked to the ALEC and Karl Rove’s Crossroads GPS, and to the usual rogues’ gallery of right-wing zillionaires.”

? Big right-wing donor, billionaire Sheldon Adelson “personally approved of prostitution and knew of other improper activity at his company’s properties” in Macau, China. [cont’d.]

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David Dayen

David Dayen