What I’m Reading, Friday, July 27, 2012

Politics

• Your turn — Barack Obama Mitt Romney doesn’t deny making a fortune investing in companies that outsourced jobs to Mexico and China—he just says there’s “no evidence” he was in charge at that point. But newly disclosed documents show Romney was Bain’s sole stockholder, CEO, and Chairman when jobs were shipped overseas. Here’s the evidence—take a look, then share it with your friends.
• The National Memo » Romney’s Five Biggest Foreign Policy Fails
  • Saying Obama Isn’t “Anglo-Saxon” Enough
  • Romney’s Five Biggest Foreign Policy Fails
  • Lying About A Meeting With An Australian Diplomat
  • Ending The Iraq War Is Tragic
  • Bringing Back The Bush Team
• National Security Brief: Romney Tries To Patch Things Up With London | ThinkProgress
• Romney Starts His Foreign Trip with a Series of Gaffes (the emphasis is mine)
  

  For someone as cautious as Mitt Romney, it is surprising that within a day of arriving in Britain, he made a number of gaffes that have been widely reported in both the British and American press. When Romney commented that the security around the Olympics was not quite up to snuff, British Prime Minister David Cameron shot back: “We are holding an Olympic Games in one of the busiest, most active, bustling cities anywhere in the world. Of course it’s easier if you hold an Olympic Games in the middle of nowhere” (a pointed reference to Romney’s management of the Winter Olympics in Utah in 2002). But even Romney’s attempt at praise fell flat when he acknowledged America’s shared Anglo-Saxon heritage with the U.K., forgetting that the majority of Americans trace their roots to Central Europe, Latin America, Africa, and Asia rather than Britain. Politicians make gaffes all the time, but given that the only purpose of this trip is to make Romney look presidential, insulting his hosts is not a great start.

• Obama’s Opening Ceremony ad: ‘Believe’ – The Washington Post
• Typogate, the Sequel : Roll Call News
• Mitt: My Plan Differs From Bush’s Because … Uh — Daily Intel

Economic & The Economny

• Dividend Tax Hike? Don’t Sweat It! – Seeking Alpha
  

  …Higher taxes are not going to lead to a collapse in prices. For one thing, many investors – across all income tax brackets – own a large portion of dividend stocks in tax-advantaged accounts. So they won’t feel the sting of a tax increase one bit.

  Moreover, only the highest earners would be subject to the highest rates. And they only account for a small percentage of the population. I’m not saying that it’s acceptable to tax the rich more. But what I am saying is this: Companies aren’t going to hold off on increasing dividends just because a small percentage of investors are impacted….(read the complete article…)

The Culture Wars

• The Immoral Minority: This is my body. 
  Have you ever noticed that NOBODY ever tells a man what to do with his body?
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