Mitt Romney earns $21M, pays 13% in taxes

Robert Reich argues that it is grossly unfair that Mitt Romney earns $21M, but pays only 13% in taxes. He argues that many private-equity, hedge-fund, and pension-fund managers are often playing "con games" that screw the American taxpayers. He offers several solutions:

1. Don't allow private-equity managers to treat their income as capital gains, taxed at 15 percent. Treat this income as ordinary income. 2. Hold them to a "due diligence" standard, so the Pension Guaranty Corporation can claw back bonuses. 3. Raise the capital-gains rate to match the tax rate on ordinary income. 4. Resurrect Glass-Steagall.

Continue ReadingMitt Romney earns $21M, pays 13% in taxes

Thirteen ways the federal government loves you

Actually, these are 13 ways the U.S. government loves to follow you around and spy on you, compiled by Bill Quigley, who is Associate Director of the Center for Constitutional Rights and a law professor at Loyola University New Orleans.

Privacy is eroding fast as technology offers government increasing ways to track and spy on citizens. The Washington Post reported there are 3,984 federal, state and local organizations working on domestic counterterrorism. Most collect information on people in the US.

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More on the U.S. law enforcement warrantless seizures of private data of Americans

I've posted on this topic before, based on one of Glenn Greenwald's articles. I am at a loss for any legitimate reason for the U.S. to seize, without a search warrant, private information of Americans who are in the process of re-entering the United States. This includes seizure of cell phones and laptops and demands for the passwords. Greenwald's newest report gives the shocking statistics:

A 2011 FOIA request from the ACLU revealed that just in the 18-month period beginning October 1, 2008, more than 6,600 people — roughly half of whom were American citizens — were subjected to electronic device searches at the border by DHS, all without a search warrant. Typifying the target of these invasive searches is Pascal Abidor, a 26-year-old dual French-American citizen and an Islamic Studies Ph.D. student who was traveling from Montreal to New York on an Amtrak train in 2011 when he was stopped at the border, questioned by DHS agents, handcuffed, taken off the train and kept in a holding cell for several hours before being released without charges; those DHS agents seized his laptop and returned it 11 days later when, the ACLU explains, “there was evidence that many of his personal files, including research, photos and chats with his girlfriend, had been searched.” That’s just one case of thousands, all without any oversight, transparency, legal checks, or any demonstration of wrongdoing.
Greenwald's report also gives us details regarding a recent detention of award-winning film-maker Laura Poitras, who has been detained and questioned 40 times by U.S. Border Authority:
Each time this has happened in the past, Poitras has taken notes during the entire process: in order to chronicle what is being done to her, document the journalistic privileges she asserts and her express lack of consent, obtain the names of the agents involved, and just generally to cling to some level of agency. This time, however, she was told by multiple CBP agents that she was prohibited from taking notes on the ground that her pen could be used as a weapon. After she advised them that she was a journalist and that her lawyer had advised her to keep notes of her interrogations, one of them, CBP agent Wassum, threatened to handcuff her if she did not immediately stop taking notes.
Greenwald then details yet another incident, this one involving David House, an activist who helped found the Bradley Manning Support Network. The details are equally disturbing. There is some consolation, in that U.S. District Judge Denise Casper, an Obama-appointed judge in the District of Massachusetts, has reviewed allegations from a case brought by House and so far refused to dismiss House' case against the United States. Other aspects of that case are less than satisfying, though, for those of us who still think that the First and Fourth Amendments are good ideas.

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