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Election

Meet Corey Stewart, Virginia’s Mitt Romney

Virginia Lt. Governor Candidate Corey Stewart (R)

The chairman of the Prince William County Board of Supervisors, Corey Stewart (R), is running for Virginia Lieutenant Governor in 2013. But the former co-chairman of Mitt Romney’s 2012 Virginia campaign effort will have to contend with his one of the same challenges in a state Romney lost with just 47 percent of the vote: Cayman Islands investments.

A ThinkProgress review of Stewart’s 2012 financial disclosures reveals that one of his largest personal holdings — between $10,001 and $50,000 as of January 2012 — is in the DWS Enhanced Commodity Strategy mutual fund. The fund, managed by Deutsche Bank’s DWS Investments, lists its largest investment as “DWS CAYMAN COMMODITY II LTD.”

According to fund documents, that means the fund is heavily invested in a DWS Cayman Island subsidiary. The Cayman Islands, a well-known tax haven, was famously a well-known home for Romney’s off-shored money.

While the tax advantages of investing the Caymans may not accrue to Stewart and other shareholders directly, they can provide a great benefit to the investment managers at the expense of the U.S. Treasury. Stewart is well-familiar with these rules, as a well-paid international trade lawyer for both U.S. and international corporations.

Stewart, like Romney, has been a strong advocate of the idea tax cuts magically lead to balanced budgets. Like Romney, he advocates deregulating business, wants to pursue anti-LGBT and anti-women social policies, and believes Arizona’s anti-immigrant laws are the ideal model.

Election

Former Romney Adviser: Blind Devotion To Tax Cuts Hurt Republicans In The Election

Former Mitt Romney adviser Dan Senor conceded that in the aftermath of President Obama’s re-election, Republicans can’t start every economic debate insisting on lower tax rates and must do a “better job of thinking through how to talk about middle class economics.”

“We have to spend meaningful time over the next several years developing a policy agenda that reflects our principles but is modernized,” he said during an appearance Wednesday on MSNBC’s Morning Joe. “Unless we address the core issue of middle class economics with innovative ideas,” Republicans will continue to struggle in future elections. Watch it:

Senor also agreed that Republicans must tackle immigration reform, arguing that the party “has been suffering on the issue of immigration for years.” “I think the problem transcends Mitt Romney. I don’t think his position helped the Republcian problem, but I think it predates him.”

Since the election, several prominent Republicans have called on the GOP to lead on the issue, though they remain split on whether to tackle the problem in a single comprehensive reform or piecemeal.

Election exit polls also showed that voters rejected the GOP’s main economic argument — their insistance that the nation should not raise taxes on the richest Americans. “Almost half of voters said taxes should be boosted on Americans making more than $250,000 per year, and one in seven voters said taxes should be increased on all Americans.”

Health

How To Cut Health Care Spending Without Harming Benefits

Last week, the Center for American Progress (CAP) released a report titled “The Senior Protection Plan” that outlined serious ways to cut U.S. health care spending without shifting the burden onto sick, poor, and elderly Americans. This past weekend, a misleading editorial in the Minot Daily News falsely claimed that such a proposal would lower seniors’ care quality and raid the Medicare entitlement.

But the claims about the Senior Protection Plan’s allegedly negative effect on seniors’ health coverage don’t consider the fact that many conservative Medicare “reform” plans would actually cripple the safety-net program by turning it into a voucher system and shifting costs squarely onto seniors’ premiums. Here’s what the Minot Daily News got wrong about the Senior Protection Plan:

1) “President Barack Obama’s health care law will slash $716 billion in funding for the Medicare program.” This was one of the 2012 presidential campaign’s most repeated lies, but it was untrue then, and it is untrue now. Obamacare does not “cut” Medicare funding — in fact, it slows the growth of Medicare spending by eliminating wasteful overpayments to private insurers, incentivizing better performance by providers, and cracking down on fraud and abuse in the Medicare system. These reductions will actually result in Medicare being solvent for an additional eight years, as well as more affordable care for seniors.

2) “[Obamacare] and the federal-state Medicaid system were not targeted by the CAP for cuts to help lessen the seemingly ever-expanding United States spending deficit.” The CAP plan specifically calls for $10 billion in savings from Medicaid. But unlike conservative proposals to throttle federal spending on the program and throw millions of low-income Americans off their insurance rolls, the Senior Protection Plan encourages savings by making sure that Medicaid does not have to overpay relative to third-party insurers and decreasing future payments to safety-net hospitals that will become unnecessary as more states implement Obamacare’s Medicaid expansion. CAP also does not score multiple proposals in its plan — such as better care coordination and case management between Medicare and Medicaid, bundled payments, and competitive bidding — that have the potential to further reduce medical spending while simultaneously improving care quality.

3) “The CAP insists the only Medicare cuts would be in reimbursements to health care providers. Give us a break. That would lessen the quality of care for senior citizens. And the CAP plan calls for very real cuts in funding for Medicare beneficiaries, too.” The Senior Protection Plan is centered precisely on the belief that American seniors should not have to sacrifice their benefits in exchange for nominally reducing the deficit. This is in stark contrast to conservative proposals that aim to voucherize Medicare, transforming it from a “defined benefit” program into a “defined contribution” program without actually stemming the long-term upward trend in health care spending. Much of CAP’s proposed $385 billion in savings result from requiring drug companies to pay higher rebates for medications prescribed to “dual eligible” seniors who are on both Medicare and Medicaid. Furthermore, its proposed reductions to providers are precisely that — reductions in historical overpayments for certain type of care facilities and services — and the plan may actually result in significantly higher savings by moving towards more consumer-friendly, efficient practices such as prospective bundled payments, pay-for-performance measures, competitive bidding, and fraud prevention.

All told, the Senior Protection Plan is a serious proposal to reduce national health spending by addressing the actual factors driving costs — overpayments to providers and pharmaceutical companies, a poorly-coordinated system of care management, and inefficient modes of care delivery — rather than balancing the budget on the backs of sick, elderly, and poor Americans without even addressing the concerning trajectory of U.S. health care costs. By transforming the health care payment and delivery structure to be more logical and efficient, CAP’s proposal would lead to genuine savings by actually improving the way American health care works — without pushing costs onto Americans.

Election

Republicans Abandon Romney in Droves After ‘Gifts’ Comments

Mitt Romney’s comments to donors about the “gifts” that President Barack Obama gave to constituents to win the election continue to cause members of his party to run away from the former candidate. Despite their insistence during the election that Romney’s position on entitlement in America was accurate, the new consensus among the GOP politicians, if not their pundits, is that Romney’s statements could not be more wrong.

After several prominent Republican governors expressed their disagreement with Romney’s statements, the hits have continued coming. New Jersey Governor Chris Christie, considered at one point by the Romney campaign as a possible running mate, said on Friday, “You can’t expect to be a leader of all the people and be divisive. You have to talk about themes, policies that unite people, and play to their aspirations and their goals and their hopes for their family and their neighbors.”

Tim Pawlenty, former Minnesota governor and another potential running mate for Romney, though silent on Romney’s 47% comments, likewise shot-down Romney’s “gifts” theory.

Those who didn’t outright disagree with Romney’s words disagreed with his message. Appearing on Meet the Press on Sunday, Sen. Lindsey Graham (R-SC) stated that it wasn’t his intention to vilify those who are beneficiaries of public assistance programs:

People can be on public assistance and scheme the system and that’s real, these systems are teetering on bankruptcy. But most people on public assistance don’t have a character flaw. They just have a tough life. I want to create more jobs. The focus should be on creating more jobs, not demonize those who find themselves on hard times.

Meanwhile, Sen. Marco Rubio (R-FL) gave an interview highlighting his issues with Romney’s belief. “I don’t want to rebut him point by point. I would just say to you, I don’t believe that we have millions and millions of people in this country that don’t want to work,” Rubio said. “I think we have millions of people in this country that are out of work and are dependent on the government because they can’t find a job.”

New Mexico governor Susana Martinez (R) and top Romney surrogate to the Hispanic community Carlos Guiterrez have also joined in the chorus disparaging Romney’s statements and calling for more inclusiveness in the Republican party. It’s unfortunate that this many Republican politicians seem to have discovered the divisiveness of their party’s policies towards minorities and the working class only after a massive loss to President Obama.

Update

Newt Gingrich also dismissed the remarks during an appearance on ABC’s This Week. “I just think it’s nuts,” he said. “I mean, first of all, it’s insulting.” “The job of a political leader in part is to understand the people. If we can’t offer a better future that is believable to more people, we’re not going to win.”

Justice

Head Of Romney’s Hispanic Outreach: ‘I Was Shocked’ By ‘Gifts’ Comment

Carlos Gutierrez, Mitt Romney’s director of Hispanic outreach, slammed the former GOP presidential candidate’s claims that minority voters supported President Obama because he bribed them with “gifts,” suggesting that Romney may not have even known that his comments were offensive. Romney made the remarks last Wednesday, in a post-election call with donors.

During an appearance on CNN’s State of the Union on Sunday, Gutierrez took umbrage at the remarks and called on Republicans to support comprehensive immigration reform that could help them win over Hispanic voters:

CANDY CROWLEY (HOST): You know what Mitt Romney has said. He is talking to a group of donors and talking about the Obama campaign. He said that he went out and gave a lot of stuff to groups that they hoped would vote for them and motivate them. specifically the African-American community, the Hispanic community, and young people…. What do you make of that kind of argument?

GUTIERREZ: I was shocked. I was shocked, and frankly I don’t think that’s why the Republicans lost the election. I think we lost the election because the far right of this party has taken the party to a place that it doesn’t belong. [...]

CROWLEY: And you would admit, though, that your candidate said a lot of things seen as anti-latino. You yourself said that they fear the Republican Party, and he was the head of it.

GUTIERREZ: He failed at that. And that is true, and, you know, the unfortunate part and we were just talking about this, I don’t know if he understood that he was saying something that was insulting. The language, the attitude, the body language, that’s what Latinos watch.

Watch it:

A growing number of Republicans are distancing themselves from Romney’s claims, while prominent lawmakers like Sen. Lindsey Graham (R-SC) have re-started negotiations aimed at achieving comprehensive reform “that would create a limited guest-worker program and enable illegal immigrants already in the U.S. with no criminal record to pay fines and eventually apply for legal status.”

Sens. Susan Collins (R-ME) and Marco Rubio (R-FL) are calling for a narrower approach and are considering a DREAM Act-like bill that would allow young undocumented immigrants to stay in the country.

Election

VIEWPOINT: Republicans Lost Because Voters Rejected Their Economic Vision

We’re now well into the political aftermath of the 2012 election, and the pattern of destruction is telling. In demographic after demographic, Obama defeated Romney by remarkable margins: 55 percent among women, 60 percent among voters under 30, 71 percent among Hispanic voters, and a stratospheric 93 percent among African-Americans. Rather than a fluke, the Obama coalition of 2008 looks like it’s here to stay, and the recriminations and soul-searching amongst conservatives and Republicans are in full swing.

The sudden post-election shift of major politicians and media figures on immigration reform betrayed a fear that their party’s hard-line stance wrecked its chances with Hispanics. A chorus of conservative bloggers, Republican strategists, and even what’s left of the party’s moderate politicians have laid blame on its nurturance of white nativism, its tone-deafness on women’s reproductive challenges, or the absolutism of its anti-abortion rhetoric.

There’s certainly some truth to these takes. But this notion that scattershot appeasement of various voting blocks is the path back for Republicans makes a fundamental error. It buys into conservatives’ silly caricature of Democrats as a party without a vision — “an incoherent amalgam of interest groups, most of which are vying for benefits for themselves and their members at the expense of other Americans,” as Yuval Levin bitterly put it.

There is, in fact, a fundamental vision that unites virtually all the disparate groups in Obama’s coalition. It’s sitting right there in the exit polling and the narrative of the campaign, for anyone willing to see it. Crudely put, it’s the economic issues: on the practical level, the recognition that the free market, whatever its virtues, does not deal justly with people when left to its own devices. And on the moral level, the simple, elegant, age-old conviction that we are all our brother’s keeper. And it’s the GOP’s rejection of these propositions that set it on the path to electoral defeat.
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Health

Romney’s Transition Chief Is Encouraging States To Implement Obamacare

A little more than a week after Mitt Romney lost his bid for the presidency, the prominent Republican tapped to head his transition is encouraging states to implement the Affordable Care Act, a law which Romney had pledged to eliminate on “day one” during the 2012 campaign.

Former Utah Gov. Mike Leavitt — who also served as Health and Human Services Secretary under President George W. Bush — had been helping states establish the law’s exchanges through his firm Leavitt Partners before being tapped for the high-profile transition job. And now, as Republican governors decide how to move forward with the law in the face of a second Obama term, Leavitt is “working to get states to create their own exchanges” — the new marketplaces that will connect consumers with insurance coverage by 2014. States have the option of establishing and administrating their own systems or outsourcing the task to the federal government.

The former Utah governor’s outfit, Leavitt Partners, argues that it will be a “bureaucratic nightmare” for states to deal with the federal government if they don’t have their own exchanges, that states would be giving up the power to design their own uniquely tailored systems if they default to the feds, and that they risk losing regulatory authority over insurers that operate in their states under the auspices of the federally designed exchange.

As of Friday, 19 states had indicated they would let the feds run their exchanges, 11 are still undecided, while 20 states and the District of Columbia “had announced they would set up exchanges partially or fully run by their states.”

Leavitt Partners is heavily invested in the law’s state-based exchanges and “has been advising companies and state legislatures on how to create exchanges.” The group hired former government officials who helped build the Utah exchange soon after the federal health law passed and its websites brags about its abilities to help clients implement the measure.

Election

Republican Governors Condemn Romney’s Claim That Obama Won By Giving Minorities ‘Gifts’


Republican governors Bobby Jindal (LA) and Scott Walker (WI) spoke out against Mitt Romney’s claim that Obama won because he gave minorities and young people “big gifts” in the form of Obamacare, his DREAM directive, and partial college loan forgiveness. At the Republican Governors Association meeting in Las Vegas on Wednesday, Jindal called the statement “absolutely wrong,” saying, “I absolutely reject that notion.” Walker, who was on a panel with Jindal when he denounced Romney, agreed that the GOP isn’t “just for people who are currently not dependent on the government. It’s for all Americans.”

Both governors, who were Romney surrogates, stayed quiet during Romney’s earlier iteration of this idea, when he told donors that 47 percent of Americans “believe they are victims” and will never “take personal responsibility.” Walker ducked the controversy at the time, saying “That’s a statement he has to take on, not myself.” Jindal also deferred judgment, refusing to “be one of these political pundits.”

But after a definitive loss down the ticket on Election Night, Republicans are doing some “brutally honest” soul-searching about the future of their party. Jindal was especially outspoken, imploring the GOP to “stop being the stupid party.” He was blunt in his newfound criticism for Romney in an interview with Politico:

The Republican Party is going to fight for every single vote. That means the 47 percent and the 53 percent…We’ve got to make sure that we are not the party of big business, big banks, big Wall Street bailouts, big corporate loopholes, big anything. We cannot be, we must not be, the party that simply protects the rich so they get to keep their toys.

Other top Republicans lavished blame on Romney at the conference and complained that the campaign did not offer enough specifics to combat Obama.

Romney told donors in a call on Wednesday that Obama won because he “focused on giving targeted groups a big gift,” before going on to explain how several of the presidents’ policies have directly helped these Americans.

Update

Sen. Kelly Ayotte (R-NH) also dismissed Romney on MSNBC, pointedly saying, “I don’t agree with the comments. I think the campaign is over.”

Update

On Thursday afternoon, Sen. Marco Rubio (R-FL) cautiously weighed in on Romney’s “gifts” comment: “our mission should not be to deny government benefits to people who need them…I don’t want to rebut him point by point. I would just say to you, I don’t believe that we have millions and millions of people in this country that don’t want to work. I’m not saying that’s what he said.”

Election

Romney Says Obama Only Won Because He Gave ‘Big Gifts’ To Blacks And Latinos

Mitt Romney is attributing his loss in the 2012 election to the “gifts” President Obama gave to minority voters, the Los Angeles Times is reporting. Speaking to donors on Wednesday, the former Massachusetts governor praised his own campaign, but speculated that Obama won because he was “very generous” to his base:

Mitt Romney told his top donors Wednesday that his loss toPresident Obama was a disappointing result that neither he or his top aides had expected, but said he believed his team ran a “superb” campaign with “no drama,” and attributed his rival’s victory to “the gifts” the administration had given to blacks, Hispanics and young voters during Obama’s first term.

Obama, Romney argued, had been “very generous” to blacks, Hispanics and young voters. He cited as motivating factors to young voters the administration’s plan for partial forgiveness of college loan interest and the extension of health coverage for students on their parents’ insurance plans well into their 20s. Free contraception coverage under Obama’s healthcare plan, he added, gave an extra incentive to college-aged women to back the president. [...]

“The President’s campaign,” he said, “focused on giving targeted groups a big gift—so he made a big effort on small things. Those small things, by the way, add up to trillions of dollars.”

The comments echo the claims Romney made during a private high-dollar fundraiser earlier this year. In the video first published by Mother Jones, Romney argued that 47 percent of Americans are “dependent upon government.”

In his first interview since losing the election, Rep. Paul Ryan (R-WI) also wouldn’t admit that voters rejected the ticket’s economic vision and instead chalked up Obama’s victory to a large turnout of the “urban vote.”

Romney and Ryan however, also lost states with very low minority populations, including New Hampshire, Iowa, Maine and Vermont.

Update

The New York Times has more quotes: “Our campaign, in contrast, was talking about big issues for the whole country —military strategy, foreign policy, a strong economy, creating jobs and so forth,” he said. “And by the way, as you’ll hear from Neil, our strategy worked well with many people, but for those who were given a specific gift, if you will, our strategy did not work terribly well.”

Alyssa

How Pop Culture Changed The 2012 Election

It’s been four years since John McCain tried to tarnish President Obama by suggesting that the candidate was a celebrity–as if all famous politicians aren’t–rather than a man of substance. The tactic didn’t work. If anything, the first Obama term in office was evidence that we were ready for a president who was a celebrity, whose wife’s fashion choices were scrutinized and imitated, whose pop culture tastes made headlines and drove viewership, and whose administration became the subject of pop culture itself, from Leslie Knope’s Joe Biden obsession on Parks and Recreation, to Comedy Central’s sketch show Key & Peele, which built its audience in part on the strength of Jordan Peele’s Obama impersonation and its Anger Translator sketch. And now that the 2012 election is over, it’s clear that the dynamic worked in the opposite direction. Campaigners on both sides used these three entertainment industry tactics during the election. And I’d predict that we see more of them in the future:

1. Campaign movies: In 2008, the Obama campaign aired a thirty-minute primetime special in support of his candidacy. This election featured movies even more prominently. There was the so-called “King of Bain” documentary, When Mitt Romney Came To Town, which was produced and distributed by a Super PAC supporting Newt Gingrich’s candidacy:

In the general election, 2016: Obama’s America, a so-called documentary by conservative pundit Dinesh D’Souza about Obama’s supposed radicalism, made $33 million at the domestic box office. Dreams From My Real Father, a hilariously paranoid attempt to prove that President Obama’s real father was a Communist and deeply terrible beat poet named Frank Marshall Davis who purportedly seduced Stanley Ann Dunham, was mailed to voters in swing states.

Mainstream movies that tried to capture the spirit of the campaign had more mixed success. Butter, an attempt to satirize both Midwestern butter-carving, and Michele Bachmann, ended up doing only $73,000 in domestic box office in a very limited run: condescension and Bachmann’s fading political star proved not to be a winning combination. Jay Roach’s The Campaign, the Will Ferrell-Zach Galifianakis vehicle about a suddenly-competitive House race, did better, taking in $86 million. The combination of Ferrell’s star power and a more generalized indictment of political dishonesty was probably always going to be a more potent bipartisan draw. In the future, I wouldn’t be surprised to see mainstream movie studios starting to produce or acquire documentaries about the candidates themselves. 2016 is the kind of thing that might be an embarrassment, but it demonstrated that there’s real money out there in catering to politically-engaged audiences for the studio that wants to reach out and grab it.
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