Saturday, August 18, 2012

Conservatism: The Big Lie, Part 2

Yesterday's posting, "Conservatism: The Big Lie," reiterated the fact that Conservatism is a criminal enterprise - a conspiracy by the greedy in high places to amass total power over the People.  Masked in the disguise as a political ideology the essay stated that in a representative democracy, "Everything any Conservative leader, and every Republican is a Conservative, is a lie," because no intelligent voter who is not wealthy would vote for a Conservative.   Parenthetically, an intelligent electorate is the last thing that Conservative leaders want. had two interesting postings, "7 Scandals That Reveal The Real Mitt Romney" and "Revealed: Romney Campaign’s Attempts to Deny Paul Ryan’s Insider Trading Don't Add Up," essays that shed some light on how Conservatives lie in order to win elections. noted the scandals:

1. Bain Capital Launched with Funds Tied to Salvadoran Death Squads

People who start new businesses are always hungry for investors. But as Huffington Post reporters Ryan Grim and Cole Stangler found in their report, “Mitt Romney Started Bain Capital With Money From Families Tied To Death Squads,” there was no possible way that anybody in 1984 could "check out" these families and be convinced this money was clean, as Grim told Democracy Now.

“After initially struggling to find investors, Romney traveled to Miami in 1983 to win pledges of $9 million, 40 percent of Bain’s start-up money,” Democracy Now’s report began. “Some investors had extensive ties to the death squads responsible for the vast majority of the tens of thousands of deaths in El Salvador during the 1980s.”
As Amy Goodman noted, “The investors include the Salaverria family, whose former U.S. Ambassador to El Salvador, Robert White, has previously accused of directly funding the Salvadorian paramilitaries. In his memoir, former Bain executive Harry Strachan writes, 'Romney pushed aside his own misgivings about the investors to accept their backing.' Strachan writes, ‘These Latin American friends have loyally rolled over investments in succeeding funds, actively participated in Bain Capital’s May investor meetings and are still today one of the largest investor groups in Bain Capital.’”

2. Romney Wants Tax Cuts For the Rich Paid By Higher Middle-Class Taxes

Romney’s tenure as Massachusetts governor showed he had no aversion to raising taxes or fees, according to a report by John McCain’s 2008 presidential campaign—including raising the state fee assessed to families before cremating the dead, which the state’s media called creepy. So it is not surprising that independent analyses find Romney’s 2012 tax proposals would hit other vulnerable people.

The proposals, in an analysis cited by the Washington Post and others, would cut taxes for the wealthiest 5 percent but raise taxes on everyone else. Extreme Liberal's blog posted a graphic that shows exactly how it would work, saying, “You may notice that everyone pays more in taxes right up until you get to the top 5 percent of the population. According to the analysis, those who make $3 million dollars a year would get a TAX CUT of $250,000.”
Romney obviously wants to protect the interests of the ecomonic class of Americans in which he resides—the rich. But what’s emerging is a more nuanced picture: he has no qualms beating up on the poor, including playing the race card, like many previous Republican and Democratic presidential candidates.

3. Romney’s Racist Attack on Welfare

We have all seen this ugly script before. Bill Clinton went after Sister Souljah in 1992. Four years later he signed a bill “ending welfare as we know it” to win conservatives. Fast forward to spring 2012 and Newt Gingrich attacked Obama as the “food stamp” president, a swipe at poor and non-whites receiving benefits. Now Romney has accused Obama of wanting to eliminate work requirements for public assistance recipients.

As Matthew Rothschild, editor of the Progressive has written, there are so many layers of hypocrisy here. “Romney says Obama wants to take the work requirements out of welfare reform. As evidence, he cites the administration’s recent decision to let states apply for waivers on these requirements,” he writes. “Never mind that some Republican governors have been applying for them. Never mind that Romney himself applied for one when he was governor of Massachusetts.

And never mind that to get this waiver, states must be able to show that they’ve recently moved at least 20 percent more of their welfare recipients into jobs than in previous years. No, facts don’t matter.”

7. Romney Campaign Takes Money From Olympic Bribery Scandal Figures

Romney’s relationship with dark financial patrons cannot be explained away as youthful indescretion—the start-up funds from men tied to Salvadoran warlords. Apparently, the candidate who likes to say that he helped the 2002 Winter Games move from the fiscal red into the black, and who helped to turn a page after an Olympic bribery scandal, has allowed his 2012 campaign to take donations from figures from that bribery scandal, according to longtime investigative reporter Wayne Barrett.

Barrett, a Newsweek/Daily Beast contributor and Nation Institute fellow, told Democracy Now about the tainted campaign cash. “He was a managerial success, Barrett said. “The problem is that he was brought in because of the worst Olympic scandal in history, and he befriended and awarded contracts to people deeply involved in the scandal that caused him to be recruited to this rescue operation. And he’s still collecting money from them.”

In "Revealed: Romney Campaign’s Attempts to Deny Paul Ryan’s Insider Trading Don't Add Up," reported on the Richmonder Blog's breaking story, "Paul Ryan traded on insider information to avoid 2008 crash," complete with a copy of Ryan's financial disclosure form for 2008, as obtained by

And in a follow-up from, "Romney campaign lied in response to Ryan insider trading story,"  the Big Lie was quickly manufactured for the Peoples' consumption:

"The Romney campaign rapidly issued denials, based on three separate -- and clearly false -- claims: 1) the trades were not individual stock trades, but trades made as part of an index that trades big blocs of stocks according to preset formulas; 2) the meeting took place in the evening, after markets were closed, so the meeting could not have played a role in Ryan’s trading decisions; and 3) the stocks traded within a trust over which Ryan had no direct authority.

"In many quarters, acceptance of the denials came almost as fast as the news of the original report. Benjy Sarlin of Talking Points Memo issued a report 'debunking' the Richmonder story, stating that 'the rumor, which spread rapidly across the Internet, doesn’t hold up to scrutiny.' Matt Yglesias over at Slate, who had first credited the story, backtracked, apologizing that he had been too 'credulous' in accepting the Richmonder report."

And finally, in a brilliant display of what Journalism is all about, retorted:

"It nows appears that Benjy Sarlin was misled by the Romney/Ryan campaign and he bought their explanation hook, line, and sinker.

"There now repeat the accusation I made on Saturday, August 11, 2012, specifically: that Paul Ryan received advanced knowledge of the coming banking disaster and he traded on that knowledge before it became public in the hopes of improving his financial position. Whether or not he succeeded in enhancing his financial position as a result of these trades is--to me--irrelevant. The fact is, in a tight spot for the country, Paul Ryan thought of himself first, which is precisely what his philosophical role model Ayn Rand would have wanted him to do.

"It must be stated that at the time Paul Ryan carried out those trades they were completely legal--even ethical by the very low standards of Congress. But they were also potentially very politically damaging and that is why the Romney/Ryan campaign reacted the way they did: with lies and a coverup.

'The coverup is now the real story, and credit for figuring out that the Romney/Ryan people were lying to Benjy Sarlin goes to Brad DeLong and Lynn Parramore. It was my friend Lowell Feld of Blue Virginia brought Ms. Parrymore's story to my attention this morning and I want to thank Lowell for sticking by me for the last few days--his support meant a lot to me during a stressful period. I also want to reiterate that the real credit for this story should go to the good people at who originally posted Ryan's financial report online where I could find it: without their hard and often thankless work there would have been nothing for me to find.

"Let me leave you with this final thought: I found this story by looking at Paul Ryan's Wikipedia profile (don't bother looking for it now because the Romney/Ryan folks have since completely sanitized Ryan's entry there). There was a reference to potential insider trading on September 18, 2008 and all I had to do was following the footnote link to really was as simple as all that. The presence of such damaging material on Ryan Wikipedia profile nearly six hours after his selection as VP begs the question: was Paul Ryan properly vetted by the Romney campaign, or do we have another Sarah Palin situation on our hands? What else is there we don't know about Paul Ryan? The Romney/Ryan campaign has shown that we cannot trust them to honsetly answer questions about Ryan's past."

A major lie from the Romney camp, and one that they will stick with from now until Election Eve is that their tax plan is goint to cut individual tax rates without favoring the wealthy or losing funding was exploded by

"Romney’s Impossible Tax Promise"

"Experts say he can't cut rates without losing revenue or favoring the wealthy.

Tax experts — including one who supports Romney’s plan — say the Republican presidential candidate’s promise to cut individual income tax rates without either favoring the wealthy or losing revenue isn’t mathematically possible.

That’s the conclusion of the Tax Policy Center in a report the Romney campaign attacked as “biased” (although the campaign previously praised the TPC as “objective,” when it issued a report critical of a rival’s tax plan).
And it’s also the conclusion of an expert from the pro-business Tax Foundation, who states that the Tax Policy Center analysis “correctly identified the Romney plan as a tax cut, at least in static terms, that accrues mainly to high-income earners.”

To decipher what Conservatives deign to put into print or on televised news reports, always remember:  the fact that Conservatism is a criminal enterprise - a conspiracy by the greedy in high places to amass total power over the People. Masked in the disguise as a political ideology the essay stated that in a representative democracy, "Everything any Conservative leader, and every Republican is a Conservative, is a lie," because no intelligent voter who is not wealthy would vote for a Conservative.

Once you know this fact, news about Conservatives will never be confusing again - except, perhaps, to the Conservative sheeplets who swallow their leaders' lies.


"Old age is an excellent time for outrage. My goal is to say or do at least one outrageous
thing every week."

Louis Kronenberger