 | | | Thursday, January 12, 2012 | | | | THE BIG STORY, BY MARK SCHMITT
In the 1990s we had candidates who "died" prematurely -- they ran out of money while they still had a chance -- but now we have, in effect, zombie candidates. They're alive and can spend money and attack Mitt Romney, even though their actual political lives are over. Rick Perry is not going to be the Republican nominee for president. Newt Gingrich is not going to be the Republican nominee. Jon Huntsman, Ron Paul, Buddy Roemer, Rick Santorum -- same deal. But they've got money and nothing to lose, and it seems they've all developed a personal distaste for Romney, so they will throw everything they've got at the nominee -- including attacks on his "vulture capitalism" at Bain Capital -- without regard to the consequences. READ MORE | | Send To A Friend >> | | DEATH OF TAXES
The Internal Revenue Service can't keep up with surging tax cheating and isn't sufficiently collecting revenue or helping confused taxpayers -- because Congress isn't giving it enough money to do its job, a government watchdog said Wednesday. The report came just days after the IRS estimated that people and companies underpaid their taxes by a huge $385 billion last year after audits and other enforcement efforts, compared with about $2.3 trillion collected by the agency. READ MORE | | Send To A Friend >> | | AROUND THE WORLD
It seemed a clockwork killing: Motorcycle riders flashed by and attached a magnetic bomb onto a car carrying a nuclear scientist working at Iran's main uranium enrichment facility. By the time the blast tore apart the silver Peugeot, the bike was blocks away, weaving through Tehran traffic after what Iran calls the latest strike in an escalating covert war. The attack -- which instantly killed the scientist and fatally wounded his driver on Wednesday -- was at least the fourth targeted hit against a member of Iran's nuclear brain trust in two years. READ MORE | | Send To A Friend >> | | FEATURED COLUMN: E.J. DIONNE Capitalists of Romney's sort never want to acknowledge how much their ability to make money depends on what government does. How does it structure the laws related to property, taxation and debt? What rules does it write on how companies can be acquired and how power within firms is apportioned among shareholders, employees, managers and other stakeholders? These are not natural laws. They are the work of politicians and the lobbyists who influence them. READ MORE | | Send To A Friend >> | | FEATURED COLUMN: DAVID CAY JOHNSTON Banks are paying less than one percent interest on savings, which means rates are negative in real terms, forcing retirees to dig into their nest eggs or cut spending. Low interest rates are good for mismanaged banks and for obscuring the cost of servicing the federal debt. But why do we elevate those issues above the interests of society's prudent people whose personal and pension fund endowments are being consumed prematurely due to government policy? READ MORE | | Send To A Friend >> | | FEATURED COLUMN: JIM HIGHTOWER Oh, to be in Afghanistan again, when the poppies are in bloom! If you need a symbol of how America's decade-long war is going in this faraway land, look no farther than the beautiful fields of red poppies flowering so bountifully there. Unfortunately, that bounty symbolizes the failure of an ambitious Western initiative against the Taliban forces. READ MORE | | Send To A Friend >> | | VIDEO OF THE DAY Newt Gingrich's new anti-Romney attack ad showcases Mitt's "greatest hits," such as "I like to fire people," "corporations are people," "$10,000 bet?" and the time that Romney strapped his poor Irish setter to the roof of his car. READ MORE | | Send To A Friend >> | |
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