Monday ReadsPosted: September 3, 2012 Filed under: 2012 presidential campaign, Mitt Romney, morning reads, the GOP, U.S. Politics | Tags: Bain Capital, Barack Obama, Clint Eastwood, Joe Biden, Katie Holmes, Moonies, Nazanin Boniadi, Patrick Gaspard, Paul Ryan, Paul Thomas Anderson, Rahm Emmanuel, Republican National Convention, scientology, Sherman Yellin, Sun Myung Moon, tax evasion, The Master, Tom Cruise, Unification Church 50 Comments
Dakinkat is back on-line! Now if I can just get my internet back, we may have a full complement of writers by the beginning of the Democratic Convention. Now let’s see what’s in the news this morning.
I have to hand it to President Obama. He had to be angry about Clint Eastwood’s disrespectful performance at the RNC last Thursday, but he’s not going to give Mitt Romney the satisfaction of showing it.
USA Today: Obama, a ‘huge’ Clint Eastwood fan, not offended by skit
“He is a great actor, and an even better director,” the president said in an interview with USA TODAY aboard Air Force One, on his way to campaign rallies in Iowa Saturday. “I think the last few movies that he’s made have been terrific.”
Was he offended?
“One thing about being president or running for president — if you’re easily offended, you should probably choose another profession.” Obama said with a smile. He said there would be no effort to counter with a similar stunt at the Democratic National Convention, which opens in Charlotte Tuesday.
“I think we’ll be playing this pretty straight,” he said.
The WaPo’s Jonathan Capehart asked DNC executive director Patrick Gaspard about if Eastwood presentation was “disrespectful.” Here’s the response:
“First, Clint Eastwood spoke to an empty chair and then Mitt Romney gave an empty speech,” Gaspard replied. “So, I’m going to focus on Mitt Romney [and] his lack of clearly delineated plans for middle-class Americans.” But Gaspard, who was Obama’s political director in the first half of the term, had more to say.
This was not Clint Eastwood’s convention. It was Mitt Romney’s. He hired these Hollywood consultants to reinvent himself and all I saw, yet again, was the same guy who was a private-sector outsourcer, a failed governor of Massachusetts and now an extreme right-wing candidate for the presidency. So, I’m going to focus on that.
I guess Romney wasn’t really all that proud of the Eastwood skit after all. According to ABC News Eastwood was left on the cutting room floor during production of the RNC promotional video.
A video mash-up of speakers from last week’s Republican National Convention does not include an appearance from the “mystery RNC speaker,” Clint Eastwood.
The two-and-a-half minute video posted today to the Romney campaign’s YouTube account features former Secretary of State Condoleezza Rice, New Mexico Gov. Susana Martinez, Florida Sen. Marco Rubio, New Jersey Gov. Chris Christie, VP nominee Paul Ryan and of course, Romney himself, but it leaves out Eastwood’s controversial speech.
Joe Biden went on the attack yesterday.
Campaigning in Pennsylvania, vice president Joe Biden attacked Mr Romney’s international agenda as laid out in last week’s convention address, suggesting that it put him out of step with the US’s priorities overseas.
“He said it was a mistake to end the war in Iraq and bring all of our warriors home. He said it was a mistake to set an end date for our warriors in Afghanistan and bring them home,” Biden told supporters.
He added: “He implies by the speech that he’s ready to go to war in Syria and Iran.”
Biden also ripped Paul Ryan’s speech.
He…noted Ryan had not told the complete story when he talked about a General Motors plant that closed in Janesville, Wis., his hometown.
“What he didn’t tell you was that plant in Janesville actually closed while President Bush was still president,” Biden said.
Later, in Ryan’s home state of Wisconsin, Biden again challenged Ryan’s criticism of Obama.
“He created a bipartisan debt commission. They came back with an urgent report. He thanked them, sent them on their way, and then did exactly nothing,” Ryan said of Obama during his acceptance speech in Tampa.
Biden was having none of that telling.
“What he didn’t tell you is he sat on that commission,” Biden said to laughter.
“I love these guys. Oh, I love these guys, how they claim to care about the deficit,” Biden went on. “Ladies and gentlemen, the thing I most love about them is about how they discovered the middle class at their convention. Isn’t that amazing? All of a sudden their heart was bleeding for the middle class.”
Rahm Emmanuel was out defending his former boss. From the Chicago Sun-Times:
Mayor Rahm Emanuel, former President Barack Obama’s former chief of staff, framed Mitt Romney Sunday as a backward-looking candidate, blistering his acceptance speech as laying “out the policies of Ground Hog Day.”
Emanuel discussed the upcoming Democratic National Convention with David Gregory on NBC’s “Meet the Press,” where he was introduced as an “architect” of Obama’s first term policies.
“If people want to know about the first term? Very simple. General Motors is alive and well. And Osama Bin Laden is not. And that’s what got done,” Emanuel said.
Emmanuel also criticized Romney’s acceptance speech as “weak.” From The Hill:
Chicago Mayor Rahm Emanuel (D) said Mitt Romney’s convention speech was “devoid and vacuous” and allowed for Clint Eastwood’s appearance to claim the spotlight.
President Obama’s former chief of staff said Sunday on “Meet the Press” that there was “nothing memorable about Mitt Romney’s speech” in Tampa.
“Not a memorable line, not a memorable philosophy,” Emanuel said.” “There was nothing there.”
I strongly recommend this piece at HuffPo by Sherman Yellin: Why Mitt Romney IS NOT Like a Bad Haircut. I can’t do it justice with an excerpt. Please click on the link and read it. It’s not very long.
In other news, there’s a story coming out soon in Vanity Fair about how Scientology auditioned women to be Tom Cruise’s next wife–and Katie Holmes wasn’t their first choice.
In the October issue, Vanity Fair special correspondent Maureen Orth reports that in 2004 Scientology embarked on a top-secret project headed by Shelly Miscavige, wife of Scientology chief David Miscavige, which involved finding a girlfriend for Tom Cruise. According to several sources, the organization devised an elaborate auditioning process in which actresses who were already Scientology members were called in, told they were auditioning for a new training film, and then asked a series of curious questions including: “What do you think of Tom Cruise?” Marc Headley, a Scientologist from age seven, who says he watched a number of the audition videotapes when he was head of Scientology’s in-house studio, tells Orth, “It’s not like you only have to please your husband—you have to toe the line for Scientology.” Both Nicole Kidman and Penélope Cruz ran afoul of Scientology and David Miscavige, according to another former Scientologist. “You can’t do anything to displease Scientology, because Tom Cruise will freak out,” Headley says.
According to Orth, Nazanin Boniadi, an Iranian-born, London-raised actress and Scientologist, was selected and dated Cruise from November 2004 until January 2005. Initially she was told only that she had been selected for a very important mission. In a month-long preparation in October 2004, she was audited every day, a process in which she told a high-ranking Scientology official her innermost secrets and every detail of her sex life. Boniadi allegedly was told to lose her braces, her red highlights, and her boyfriend. According to a knowledgeable source, she was shown confidential auditing files of her boyfriend to expedite a breakup. (Scientology denies any misuse of confidential material.) The source says Boniadi signed a confidentiality agreement and was told that if she “messed up” in any way she would be declared a Suppressive Person (a pariah and enemy of Scientology).
I’m looking forward to reading the entire gossipy article!
In other Scientology news, there’s a new movie out that is supposedly based on Scientology, The Master.
Director Paul Thomas Anderson acknowledges that Scientology founder L. Ron Hubbard was the inspiration for the title character in `’The Master,” but says the focus of the film is the relationship between a charismatic spiritual leader and his troubled follower, not the movement itself.
The movie, set in the 1950s, stars Philip Seymour Hoffman as a charismatic cult leader who captivates a tortured but sympathetic World War II veteran portrayed by Joaquin Phoenix.
Anderson sought to quickly dispel any speculation about the film’s influence on his friendship with Tom Cruise, who starred in Anderson’s 1999 film `’Magnolia” and whose Scientology beliefs are well-documented.
`’We are still friends. I showed him the film, and the rest is between us,” Anderson said.
In other cult news, Unification Church founder Rev. Sun Myung Moon has died.
The Universal Peace Federation said on its website that Moon died early Monday morning of complications related to pneumonia. He was 92.
“Our True Father passed into the spiritual world at 1:54 AM Monday, September 3rd, Korea time,” a message on a Unification Church English-language website said.
Ahn Ho-yeol, a church spokesman, said Moon’s funeral will be held Thursday, with “individual prayers” planned for the three days until then.
“Rev. Moon died from overwork, from frequent trips aboard, including to the U.S., and from morning prayers which caused respiratory disease,” Ahn said.
I posted this on yesterday’s morning thread, but I think it bears repeating: Private equity firm founded by Mitt Romney under investigation for tax strategy
New York’s attorney general is investigating whether executives at Bain Capital, the private equity firm founded by Republican presidential nominee Mitt Romney, improperly avoided paying $200 million in federal income taxes, according to a report by The New York Times.
More than a dozen firms are under investigation by the attorney general, Eric T. Schneiderman, who has subpoenaed documents that would show whether some fund management fees were converted to fund investments. Profits on investments are taxed at a much lower rate than management fees, which count as earned income.
Hundreds of pages of leaked financial documents from Bain Capital that have been posted online indicate at least $1 billion in executives’ management fees were converted to investments, whose capital gains are taxed at 15 percent, instead of the 35 percent paid on earned income in the top tax bracket.
According to the documents, executives could take money that would have been paid to them for managing investment funds and put the money into the funds, instead. The executives could pick and choose which companies to invest in, within a given fund, and were not required to invest the value of their fees for the entire life of a fund. They could decide whether to convert fees to investments on a quarter-to-quarter basis.
Today’s WaPo also has a story on Bain Capital and Romney’s taxes: Mitt Romney exited Bain Capital with rare tax benefits in retirement
Before Mitt Romney retired from Bain Capital, the enormously profitable investment firm he founded, he made sure to lock in his gains, both realized and expected, for years to come.
He did so, in part, the way millions of other Americans do — with the tax benefits of an individual retirement account. But he was able to turbocharge the impact of those advantages and other tax breaks in his severance package from Bain in a way that few but the country’s super-rich can ever hope to do.
As a result, his IRA could be worth as much as $87 million, according to his estimates, and he can continue to earn tax-advantaged income from Bain more than a decade after he formally left the firm.
If Romney wants to demonstrate his honesty, he can always release those secret tax returns.
That’s all I’ve got for today. What are you reading and blogging about?