Obama’s favorite union is apparently really buddy-buddy with the Occupiers:
A labor union with strong ties to President Obama is helping make the Occupy Wall Street movement a more permanent fixture in the nation’s capital, moving Occupy DC into office space the group can use to organize and grow through the presidential election.
The Service Employees International Union, one of Obama’s most vocal supporters among labor groups, is paying $4,000 a month for three offices the Occupy protesters will use for at least the next six months to plan future demonstrations, organize and host workshops.
Yes, you read that right…
Government Motors General Motors paid zero taxes, and because of fancy bookkeeping their tax rate was actually negative.
General Motors, in particular, paid less than zero taxes of 2011. And when the Administration brags that GM reported a $7.6 billion profit in 2011, conservatives are quick to note the profits include roughly $100 million in the form of a tax benefit document in GM’s annual report (p. 51) — and, thus, massive untaxed profits.
The outcome: GM paid a negative tax rate, around -1.5%, because of a decision allowing some of the bailout recipients, GM, AIG, and Citi, to avoid actual losses, but to still claim those losses for tax purposes.
We all know how Democrats feel about politicians that try to restrict public employee unions, right? So, do you think they’ll try to recall this governor who’s trying it?
Gov. Jerry Brown will propose sweeping rollbacks to public employee pension benefits in California, including raising the retirement age to 67 for new employees who are not public safety workers and requiring state and local employees to pay more toward their retirement and health care, according to a draft of the plan obtained Wednesday by The Associated Press.
Taking a short break from… well… taking a break!
Mitt Romney has unveiled his jobs plan:
Five Bills for Day One
The American Competitiveness Act: Reduces the corporate income tax rate to 25 percent
The Open Markets Act: Implements the Colombia, Panama, and South Korea Free Trade Agreements
The Domestic Energy Act: Directs the Department of the Interior to undertake a comprehensive survey of American energy reserves in partnership with exploration companies and initiates leasing in all areas currently approved for exploration
The Retraining Reform Act: Consolidates the sprawl of federal retraining programs and returns funding and responsibility for these programs to the states
The Down Payment on Fiscal Sanity Act: Immediately cuts non-security discretionary spending by 5 percent, reducing the annual federal budget by $20 billion
It would be nice, but color me skeptical…
The growing rift between labor and their Democratic allies was on full display Thursday, as AFL-CIO President Richard Trumka told reporters that labor groups are planning to scale back their involvement with the Democratic Party in advance of the 2012 elections.
Victory, or perhaps, a necessary weaning off the public trough:
On Monday, the Wisconsin Education Association Council announced it will lay off about 40% of its staff, a change executive director Dan Burkhalter blamed on Mr. Walker’s “union-busting legislation.” In December the union will face another reality check, as 51% of its members must vote to recertify it as their representative. With members no longer captive dues payers, the union has been forced to begin new outreach efforts, including home visits, to sell its relevance to workers.