Monday, September 17, 2012

How Romney Really Feels About the Non-Rich

A secret video from a Romney fundraiser reveals more about the presidential candidate than he probably wants people to know:

The full story and additional video can be found here.

A Fact Check on Tory Lies

I suspect that the Harper regime's capacity for fear-mongering, character assassination and bald-faced lies, so much in evidence in previous smear campaigns against Stephen Dion and Michael Ignatief, will have a greater challenge in confronting Thomas Muclair:

H/t Larry Hubich

If They Won't Spend It, Perhaps We Should Tax It Back?

That is the question I am left with after reading this article in today's Star on the over $500 billion (the article erroneously describes it as $526 million) corporate Canada is sitting on, in part thanks to generous tax cuts, rather than investing some of it and creating jobs.

Sunday, September 16, 2012

A Voice of Sanity on Iran

Journalist and columnist Joe Klein offers some calm and sane commentary while others are clamoring for war against Iran:

H/t Roger Ebert

An Avaaz Petition Against Harper's World Statesman Award

I recently wrote two blog posts expressing my dismay over the naming of Stephen Harper as World Statesman of the Year by The Appeal of Conscience Foundation.

An Avaaz petition, just started by a Canadian, is asking the foundation to reconsider granting this award and is available online; it lists several of the reasons this is such an egregious insult to all people who believe in the tenets of real democracy and human rights.

I sincerely hope you will consider signing it. It can be accessed here.

h/t Sandra Harris

Inconvenient Truths for the Corporate Sector

Given that recent reports have helped to puncture the myth of job-creation benefits arising from corporate tax cuts and corporate welfare, I was pleased to read Martin Regg Cohn's article in this morning's Star.

Entitled NDP leverages vote results to pressure big business to create jobs, the article discusses the current popularity of the provincial NDP in Ontario. Leader Andrea Horvath used her leverage in the last budget to both secure a tax hike on the income enjoyed by the wealthiest Ontarians and prevent another scheduled corporate tax reduction; the party also blocked Premier Dalton McGuinty's ruthless bid for a majority government in this month's by-election in Kitchener-Waterloo through the victory of NDP candidate Catherine Fife.

As Cohn reminds us, she also won McGuinty's pledge to look seriously at a job-creation tax credit that would reward companies for increasing their payrolls. Horwath argued her $250 million program, modelled on a similar U.S. plan, would deliver better value for taxpayers' money that is now doled out to corporations with no strings attached.

That pledge is about to come to fruition through McGuinty's new Jobs and Prosperity Council, chaired by Royal Bank CEO Gordon Nixon, hardly likely to be favorably disposed to such a notion. As Cohn makes clear, Nixon embodies the corporate welfare and tax leakage that the NDP condemns: Canada's banks benefited handsomely from a series of Liberal corporate tax cuts, reaping record profits without creating the kind of high-value jobs that merit taxpayer subsidies. He has, however, promised to hear Horwath out on her proposal

Let us hope that a clash of ideologies does not prevent some productive recommendations from emerging. I suspect that ignoring increasing public awareness of the injustice of unproductive tax cuts could prove politically costly to the beleaguered McGuinty.

Saturday, September 15, 2012