all-american | The Obama Diary

Two years ago today

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USA Today: Nuclear weapons are very much on the mind of the Obama administration today as they monitor events in North Korea following the death of dictator Kim Jung Il.

Obama spoke with South Korean President Lee Myung-bak shortly after North Korea announced Kim’s death overnight.

On the domestic front today, Obama aides will wait and see if House Republicans vote down a Senate plan to extend the payroll tax cut for two months. House Speaker John Boehner, R-Ohio, says the extension should be for a year, as reported by USA TODAY’s Aamer Madhani.

If the House does reject the Senate plan, lawmakers will resume negotiations — as Obama stresses, the payroll tax cut expires at the end of the year.

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PCTC

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Steve Benen: The pieces were in place. Senate leads from both parties agreed to a temporary compromise that looked pretty sensible: Dems would get a two-month extension of the payroll tax break and a clean extension of unemployment benefits, while GOP lawmakers would get an expedited decision on the Keystone XL pipeline. It was quickly approved with overwhelming, bipartisan support, 89 to 10.

…. But Boehner then took this victory to his caucus … the Speaker quickly realized his job is to take, not give, orders from his right-wing members: “It’s pretty clear that I and our members oppose the Senate bill.”

…. Why is it, exactly, that Boehner called the compromise a “good deal” and a “victory” on Saturday, only to say he opposes the deal on Sunday?…

Indeed, the House will likely take up the Senate deal later today, simply to prove it can’t pass the lower chamber. In the bigger picture, it’s pretty amazing: House Republicans are going to kill a bipartisan compromise on a middle-class tax cut, which just passed the Senate 89 to 10, the week before Christmas.

…. If Americans find all of this ridiculous, they should have been a little more careful before the 2010 midterms.

Full post here

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ThinkProgress: The Florida Family Association has managed to do a lot of damage with its All-American Muslim boycott over the last week and a half, whether by convincing companies like Lowe’s and Kayak to absolutely humiliate themselves, or by stirring up anti-Muslim sentiment against the cast of a touching and totally uncontroversial reality show.

But fortunately one thing sanctimonious moralizers do well is make lists, and they’ve kept track of advertisers who stuck to their guns and either continued to advertise on the show after the FFA started its campaign.

So if you’re withdrawing your business from Lowe’s and Kayak and, during the holiday season, looking for new places to spend some money, you can use their list against them. Those advertisers include:

– Big Lots
– Conagra’s Hunt’s Diced Tomatoes
– Discover Card
– Disney for The Muppets
– GeicoHonda North America, for the Accord and Odyssey
– HTC Phones
– Mucinex
– Delsym
– Resolve Clean
– Drano
– Glade
– Scrubbing Bubbles
– Kay Jewelers

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NYT: Almost 13 years ago, Mitt Romney left Bain Capital, the successful private equity firm he had helped start, and moved to Utah to rescue the Salt Lake City Olympic Games and begin a second career in public life.

Yet when it came to his considerable personal wealth, Mr. Romney never really left Bain.

In what would be the final deal of his private equity career, he negotiated a retirement agreement with his former partners that has paid him a share of Bain’s profits ever since, bringing the Romney family millions of dollars in income each year and bolstering the fortune that has helped finance Mr. Romney’s political aspirations.

More here

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