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Gregory Brown
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Greg Brown's Weekend Reading and Other Things.... 11/04/12 
Sun, 04 Nov 2012 20:05:21 +0000 
The_No Agenda Myth_Bill Keller_NYT October 28,2012.pdf; 
Who Gas_Cred 
for the Ifecovery_David Leoncardt_NYT October_26,2012.pdf; 
Medicaid on the —Balrotfaul_Krugman Nfr October_28,_1.012.pdf; 
A vote fi; tire Future orfor_the_past ilarokr Meyerson TWP_October 30,_2012.pdf; 
MTchaeT Bomterg_Endorsement of FresidenT Obamafiov 1,2012.pdi; 
Nonpartisan_ Tax_ Report WithdravTCAfter_G.5.P. Protest_N'T November 1,_2012.pdf; 
Data Show Weacening_in_Euro_Zone_Economy_bavidiolly,Sielissa_Edify_NYT_Octo 
ber_10,_2012.pdf; 
Romney_Versus_the_Automakers_NYT_Editorial_October 31,_2012.pdf; Winner-Take-
All Politics_Moyers & Companyianuary_13-November:2,_2012.pdf; 
Can_Romney_Lie Ills_\vay_To The Presidency,_Dan Payne November_2,2012.pdf; 
China's_consumerled_growth_fhe ftconomist_Octobe; 20,2-012.pdf; 
Liberty_to Lie_Charles_Blow NY? November 1,_20apdf; 
Why_the5hill_on_climate_ch;nge_ffugene_Roi;nson_TWP_October_18,_2012.pdf 
Dear Friends 
First of all, I ask that everyone pray and do whatever you can to help the people and families who have lost love ones, 
their homes, businesses, jobs and possessions. As Chris Matthews said on Thursday in his summary on HARDBALL WITH 
CHRIS MATTHEWS — "in politics there is rain and then there is sunshine and this week super-storm Sandy sucked the 
oxygen out of the room/the Romney presidential campaign," as the devastation that Hurricane Sandy brought to 
much of the Northeast -- in lost lives, lost homes and lost business -- brought the stakes of Tuesday's 
presidential election into sharp contrast, especially when voters were reminded that during the Republican 
Primary, Mitt Romney suggested that FEMA be outsourced to the states and the private sector. When on 
Monday, at the height of the storm, the only federal government agency that was open was FEMA, while 
the rest of the government was closed. Being in New York on 9/11 and actually at a meeting in the World 
Trade Center the day before, as well as having a number of friends who lost love ones, I remember how the 
country pulled together and reminiscent of what makes America great. As such, I hope that Hurricane 
Sandy also brings out the best of America again. Whether you are religious or not, I urge everyone to pray 
for the victims of this latest weather tragedy and do whatever you can to help those in need. 
In an op-ed piece in the New York Times, David Books said that although House Republicans have been 
intransigent, President Obama could have isolated them, building a governing center-left majority with an 
unorthodox agenda. But this is as naive as believing that Boston Red Sox's fans will support the New York 
Yankees in a World Series, when Republican Minority Leader in the Senate, Mitch McConnell said that 
Republicans should make it their number one priority the make Barrack Obama a one-term President. Take The 
Des Moines Register, Iowa's largest and most influential paper. They endorsed Bill Clinton in 1992 and 1996, 
Al Gore in 2000, John Kerry in 2004, and Barack Obama in 2008. But this year, they endorsed Romney. Why? 
In the end, they said, it came down to a simple test. "Which candidate couldforge the compromises in Congress 
to achieve these goals? When the question is framed in those terms, Mitt Romney emerges the stronger 
candidate." Mitch McConnell and John Boehner's strategy worked. As they show, the Republican strategy to 
deny the president any cooperation and make his Washington a depressing and dysfunctional place has done 
Obama enormous political damage. 
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The result is phrased in terms of "partisan gridlock," as if both parties were equally extreme. But they aren't. 
This is, in reality, all about appeasing the hard right of the Republican Party. If you want an example of what 
I'm talking about, consider the remarkable — in a bad way — editorial in which The Des Moines Register 
endorsed Mr. Romney. The paper acknowledged that Mr. Obama's signature economic policy, the 2009 stimulus, 
was the right thing to do. It also acknowledged that Mr. Obama tried hard to reach out across the partisan divide, 
but was rebuffed. Yet it endorsed his opponent anyway, offering some half-hearted support for Romneynomics, 
but mainly asserting that Mr. Romney would be able to work with Democrats in a way that Mr. Obama has not 
been able to work with Republicans. Why? Well, the paper claims — as many of those making this argument do 
— that, in office, Mr. Romney would be far more centrist than anything he has said in the campaign would 
indicate. (And the notion that he has been lying all along is supposed to be a point in his favor?) But mostly it 
just takes it for granted that Democrats would be more reasonable with the Democratics. 
While it's true that President Romney could expect more cooperation from congressional Republicans, in the 
long term, a vote against Obama on these grounds is a vote for more of this kind of gridlock. Politicians do what 
wins them elections. If this strategy wins Republicans the election, they'll employ it next time they face a 
Democratic president, too, and congressional Democrats will use it against the next Republicans. Rewarding the 
minority for doing everything in their power to make the majority fail sets up disastrous incentives for the 
political system. As David Brooks pointed out -- "No one is fair to President Obama. People grade him against 
tougher standards than any other politician. But his innate ability justifies that high standard. These are the 
standards he properly set for himself. If re-elected, he'd be free from politics. It'd be interesting to see if he 
returns to his earlier largeness." Example: When people say they wish Obama had embraced the Simpson-
Bowles deficit-reduction plan, they don't mean the specific details of that proposal. When he does things that 
they would normally applaud, such as making the decision that killed Bin Ladden, overthrowing Qaddifi without 
putting boots on the ground, instituting policies that reversed the free-fall of the country's economy or backing 
the bailout that saved the US auto industry, they often find reasons why it wasn't because of him or his 
policies 
 with many Democrats and Independents saying that he didn't do enough or didn't push for harder 
terms. There is a true double standard in how his opponents, the media and even Democrates judge President 
Obama. Why? There may be reasons to vote for Mitt Romney for president. But if you want the political system 
to work more smoothly, endorsing McConnell and Boehner's strategy over the last four years should not be one 
of them. Especially when the Republican Party is actively exorcising moderates out of their party, as this 
is further evidence that its leaders (and supporters like Grover Norqust, Karl Rove, the Tea Party and many on 
Wall Street) have no intention of being bipartisan or tolerant of anyone else's views, in spite of facts, good 
governance or the needs of the people. 
Along with unlimited money used by special interest groups to target politicians that disagree with their issues 
and support candidates who further their agendas and the flagrant use of the race card against President Obama, 
the ugliest new normal in the 2012 election is the outright lies, reversals, contradictions, contortions and 
distortions that are so numerous, so cynical, so lacking in respect for voters, that we are now mirroring the 
totalitarian regimes and banana republics that we use to make fun of just twenty years ago. Whether you are a 
Republican, Democrat or Independent, the onslaught of lies in Politics should be repugnant, unacceptable and 
offensive to every American. 
What will be interpreted, should Mitt Romney defeat President Obama in Tuesday's election? Whether or not 
people agree, vote because of or feel racist, both people of color in America and many others around the world 
will believe that President Obama defeat was because he is black. And with good reason. Starting with the 
integration movement in the 1940s and 1950s, the promise of change by the election of a young President 
Kennedy and the delivery of those promises by President Lyndon Johnson, who in 1964 defeated Sen. Barry 
Goldwater, widely regarded as a founder of the modern conservative movement, Goldwater entered the 
presidential race as an outspoken defender of "states rights" and a fierce opponent of the 1964 Civil Rights Act. 
A Romney takeover of the White House might well rival Andrew Johnson's ascendancy to the presidency after 
Abraham Lincoln's assassination in 1865. 
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Johnson stood by as Southern states enacted "black codes," which restricted rights of freed blacks and prevented 
blacks from voting. Romney stood by last year as Republican-controlled state legislatures passed voter-
identification laws, making it harder for people of color, senior citizens and people with disabilities to exercise 
their fundamental right to vote. While Goldwater's anti-civil-rights stance earned him the support of Deep South 
states, making him the first Republican since Reconstruction to carry Mississippi, Alabama, South Carolina, 
Georgia and Louisiana. This same message was advanced by Richard Nixon in 1988 when he coined the phrase, 
"the silent majority" which everyone knew didn't include Blacks, Jews and Gays, and today Latinos. 
Abraham Lincoln was not a beloved president across the nation at the time of his death. To white Southerners he 
was often described as "a ruthless Attila bent upon the destruction of a superior civilization." In his April 1876 
oration in memory of Lincoln, Frederick Douglass said, "Few great public men have ever been the victims of 
fiercer denunciation than Abraham Lincoln was during his administration. Reproaches came thick and fast upon 
him from within and from without, and fivm opposite quarters." In some quarters, the hatred of Lincoln 
bordered on fanaticism; similar sentiments are in evidence against Obama. A Romney win would be worrisome, 
however, because of his strong embrace of states rights and his deep mistrust of the federal government —
sentiments Andrew Johnson shared. And we know what that Johnson did once in office. 
The next president will make appointments to the Justice Department, State Department, the Pentagon; the 
departments of Homeland Security and Health and Human Services; the Securities and Exchange Commission; 
the Treasury Department; and probably a Supreme Court justice or two. And there will be political jobs galore to 
fill. With a Romney administration, that means recruiting people who hate the federal government. So where will 
Romney turn for help? Why, from those who helped get him where he is today: John Sununu, Rush Limbaugh, 
Sean Hannity, Ann Coulter, Karl Rove, the Koch Brothers, the neocons and the Fox news crew, to name a few. If 
Romney prevails, who will dictate what policies a Romney administration pursues? Certainly not Mitt Romney, 
a panderer and flip-flopper whose convictions don't extend far beyond getting elected. 
Mitt Romney could be the next Andrew Johnson.... So thank God with just two days left that odds-makers give 
President Obama a four-to-one (80%) chance of winning the election..... With this said, I still believe in 
Obama's exhortation in 2004, "There is not a liberal America and a conservative America — there is the 
United States of America. There is not a black America and a white America and Latino America and Asian 
America — there's the United States of America." 
One of the biggest problems in America is the growing economic inequality. In recent years, the rich have seen 
their wealth grow dramatically while the poor and middle class have basically flatlined. It's no accident. Our 
politicians — on both sides of the aisle — fell under the spell of corporate dollars and re-engineered our 
economic system to favor the wealthy. The dark green line shows the income trajectory for the top 1 percent 
since 1970, while the light green line shows the bottom 90 percent. Click the orange triangles to learn about 
critical turning points that helped create the skewed system we have today. hup://billmoyers.com/content/the-
triggers-of-economic-inequality/
In 1970 to top 1% made 318,659 and 905,570 in 2008 down from 988,955 a year earlier while the incomes of the 
bottom 90% $30,073 in 1970 and $30,981in 2008. You have to ask why has this happened to truly understand 
what happen. The best policies money can buy. This is not republican or democratic ineptitude. This is the 
influence of corporate cash on politicians of both stripes. They call it lobbying....rather than bribery. It's plain 
and simple bribery. Members of Congress will screw the majority as long as the corporations and wealthy keep 
sending in those checks. 
In today's world having a Capital Gains tax half the rate of earned income is bad. In the 1970s we were in a 
period of sustained and substantial inflation previously unprecedented. Workers for the first time started to see 
Cost-of-Living raises become a standard expectation, as well as indexing things like Social Security. People --
not just the rich, but relatively ordinary investors and businessmen -- were being taxed on "phantom" capital 
gains that were largely attributed to sustained, higher then ordinary inflation. In the days before we had 
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TurboTax to figure out such stuff easily we simply cut the Capital Gains rate in half to try and reduce the tax 
burden caused by inflation. The problem is we never eliminated it once we brought inflation back down to a 
sustained and predictable 2.5%-3%; or adopted a more accurate but complex calculation that assessed capital 
gains by including into the basis the annual inflation by a standard measure like the Consumer Price Index. 
The top Income tax rate was 70% in 1968 when Richard Nixon was President, and it was also 70% during the 
Johnson and Carter Presidencies, and the Capital Gains tax rate was 42% too. Isn't it odd how over 92% of all 
US Federal debt was incurred since the Reagan tax cuts for the wealthy? How many permanent jobs did those 
tax cuts create? 100 million jobs in China??? 
Here's a quote from The Washington Post Online (Ezra Klein, March 5,2012): "In the first year of the 
recovery [2010], 93 percent of all income gains went to the top 1 percent." and 37% of the income gains went to 
the top 1/100th of 1%. These percents and proportions blur the picture somewhat, so here are my calculations 
and my translations into everyday terms. The average household in the top 1/100th of 1% (the top 1% of the top 
I%) received 52,329 times as much in income gains as the average household in the bottom 99%. The average 
household in the bottom 99% is not poor, relatively speaking, but right in the middle — the middle of the middle 
class. Put another way, on a scale familiar to most of us (at least the first figure!): For every $1000 in income 
gains the average household in the bottom 99% received, the average household in the top 1% of the top 1% 
received more than $52,000,000 (yes, just to confirm, $52 million). The average household in the remainder of 
the top I% (the bottom 99% of the top 1%) received only about $800,000. Stripping away most of the words: 
- Avg. gain, the bottom 99W 
$1,000 
- Avg. gain, bottom 99% of top 1W 
$800,000 
- Avg. gain, top 1% of top 1W 
$52,000,000 
Put yet another way, roughly translating households into number of people (based on an estimated U.S. 
population of 310 million in 2010, with minor rounding off of the larger number): If you take the total dollar 
amount of the income gains from 2010 — 31,000 people "earned" more than five times as much money (in terms 
of income gains) as the remaining 310,000,000 people. Any way you look at it, the numbers are beyond 
breathtaking. Here's a final look: 
The majority of the top 1% (the bottom 99% of the top 1%) certainly have a beef with the top 1% of the top 1% 
— the top I% of the top 1% received income gains 65 times greater than the gains the remainder of the top 1% 
received. But if they, the merely wealthy bottom 99% of the top 1%, have a legitimate beef against the ultra-
wealthy, the rest of us should have a cow. Or a whole herd of cattle, given the magnitude of the inequality. In a 
consumer based economy, you need to have consumers to grow the economy, and tax breaks favoring the rich 
under Reganomics have not worked. Every billionaire equals 1000 millionaires, and Warren Buffet's wealth 
equals 50,000 millionaires. It is easy to believe that 50,000 millionaires will spend more money on new houses, 
cars, telephone services, restaurants, clothes than Warren Buffet and his family. Extrapolate this by 1/10 and you 
have to believe that 500,000 people with an extra $100,000 extra, will definitely buy more houses, cars, 
cellphones, clothes, food, etc than either Warren Buffet or the 50,000 millions. As the saying goes, a rising tide 
lifts all boats, when a few large boats only serve and help a few people. 
Weekend Reading 
As I wrote in the September 23, 2012 Weekend Reading more than a month before superstorm Sandy: In 
Peter Glieck's article in The Huffington Post, The Very Real Threat of Sea-level Rise to the United States he 
says, "Climate change is no laughing matter. Uncontrolled, human-caused climate change is a real threat to the 
United States economy, hundreds of millions of Americans, and their local communities. The increasingly 
extreme weather of the past few years is a sign of things to come: rising temperatures, changing rainfall patterns, 
increasing storm and drought frequency and intensity, changing vegetation, and rapidly disappearing Arctic ice. 
There are plenty of remaining uncertainties - such as the speed of the changes, their extent and severity, the 
costs of suffering impacts versus the costs of adapting to or preventing them -- and the scientific community 
continues to work hard to understand and reduce these uncertainties. But one of the most certain and devastating 
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consequences for the United States is going to be the very climate impact that Romney chose to mock: rising 
seas." 
Sea levels are rising for two reasons: thermal expansion and an increase in the volume of the ocean. As the planet 
warms, so do the oceans, and warmer water takes up more space than colder water. As ice in glaciers and the ice 
caps on Antarctica and Greenland melt, the volume of the oceans grows. And sea levels have been increasing an 
average of over 3 mm per year -- more than 50 percent faster than over the past century. Indeed, sea levels are 
actually rising at the upper range of model projections, and there is growing concern that scientists have 
conservatively underestimated the speed at which some of the massive ice volumes in Greenland may deteriorate 
and melt. There is so much ice on Greenland alone, that were it to melt into the oceans, sea levels would rise 
nearly 24 feet. A global increase in sea level of a meter (more than three feet) by the year 2100 is now "widely 
accepted as a serious possibility" and even the U.S. Army Corps of Engineers recommends planning for as much 
as 1.5 meters (nearly five feet). 
The risks to our populations and economies posed by this threat are clear. The United States has a vast and 
vulnerable coastline. More than half the nation's population lives in coastal counties. Nearly four million people 
already live within three feet of today's high-tide level, with hundreds of billions of dollars of infrastructure at 
risk. Residential structures in today's 100-year floodplain of just New York City and Nassau, Suffolk, and 
Westchester counties already have a total estimated value of over $125 billion. New York's Sea Level Rise Task 
Force identified a wide range of growing threats associated with sea-level rise, including storm surges, 
inundation and flooding, rising water tables, salt water intrusion to groundwater, and coastal erosion. 
And adaptation won't be cheap. Many sea-level rise impacts will simply be unavoidable, and building coastal 
defenses for those things that can be protected will impose vast costs on society. Approximately 1,100 miles of 
new or modified coastal protection structures will be needed just along the Pacific Coast and San Francisco Bay 
to protect against expected increases in coastal flooding at a cost of tens of billions of dollars. Our only climate 
options are mitigate, adapt, or suffer, and the only real question is what the future mix will be. The most 
important thing to do is slow and eventually stop human-caused climate change, and thus slow and eventually 
stop additional sea-level rise. But even reducing greenhouse gas emissions will not prevent significant rises from 
occurring in the coming years, because of the gases we've already put in the atmosphere, with a concomitant 
increase in both severe coastal flooding and the need for costly adaptation measures. While reducing the risks of 
sea-level rise will not be easy or cheap, it will be far harder and more expensive if the people we elect mock the 
risks we face, or even worse, fail to act. 
As Paul Krugman points out in an op-ed in the New York Times, Medicaid on the Ballot, "there's 
a lot we don't know about what Mitt Romney would do if he won. He refuses to say which tax loopholes 
he would close to make up for $5 trillion in tax cuts; his economic "plan" is an empty shell. But one 
thing is clear: If he wins, Medicaid — which now covers more than 5o million Americans, and which 
President Obama would expand further as part of his health reform — will face savage cuts. Estimates 
suggest that a Romney victory would deny health insurance to about 45 million people who would have 
coverage if he lost, with two-thirds of that difference due to the assault on Medicaid." 
Although Medicaid is generally viewed as health care for the non-elderly poor, Medicaid has been 
more successful at controlling costs than any other major part of the nation's health care system. Also 
most Medicaid beneficiaries are relatively young (because older people are covered by Medicare) and 
relatively poor (because eligibility for Medicaid, unlike Medicare, is determined by need). And more 
than nine million Americans benefit from both Medicare and Medicaid, and elderly or disabled 
beneficiaries account for the majority of Medicaid's costs. As such, the great majority of Medicaid 
beneficiaries are in working families. 
For those who get coverage through the program, Medicaid is a much-needed form of financial aid. As 
Krugman points out, "it is also, quite literally, a lifesaver. Mr. Romney has said that a lack of health 
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insurance doesn't kill people in America; oh yes, it does, and states that expand Medicaid coverage 
show striking drops in mortality. " While there's a widespread perception, gleefully fed by right-wing 
politicians and propagandists, that Medicaid has "runaway" costs, the truth is just the opposite. Yes, 
costs grew rapidly in 2009-10, as a depressed economy made more Americans eligible for the program, 
but the longer-term reality is that Medicaid is significantly better at controlling costs than the rest of 
our health care system. Partly by having much lower administrative costs than private insurers. It's 
always worth remembering that when it comes to health care, it's the private sector, not government 
programs, that suffers from stifling, costly bureaucracy. Also, Medicaid is much more effective at 
bargaining with the medical-industrial complex. 
Consider, for example, drug prices. Last year a government study compared the prices that Medicaid paid for brand-name drugs with 
those paid by Medicare Part D — also a government program, but one run through private insurance companies, and explicitly forbidden 
from using its power in the market to bargain for lower prices. The conclusion: Medicaid pays almost a third less on average. That's a lot 
of money. Is Medicaid perfect? Of course not Most notably, the hard bargain it drives with health providers means that quite a few 
doctors are reluctant to see Medicaid patients. Yet given the problems facing American health care — sharply rising costs and declining 
private-sector coverage — Medicaid has to be regarded as a highly successful program. It provides good if not great coverage to tens of 
millions of people who would otherwise be left out in the cold, and as I said, it does much right to keep costs down. By any reasonable 
standard, this is a program that should be expanded, not slashed — and a major expansion of Medicaid is part of the Affordable Care Act. 
Why, then, are Republicans so determined to do the reverse, and kill this success story? You know the answers. Partly it's their general 
hostility to anything that helps the 47 percent — those Americans whom they consider moochers who need to be taught self-reliance. 
Partly it's the fact that Medicaid's success is a reproach to their anti-government ideology. " 
We should ask why the Congressional Research Service has withdrawn an economic report that found no correlation 
between top tax rates and economic growth, a central tenet of conservative economy theory, after Senate Republicans 
raised concerns about the paper's findings and wording. The decision, made in late September against the advice of the 
agency's economic team leadership, drew almost no notice at the time. Senator Charles E. Schumer, Democrat of New York, 
cited the study a week and a half after it was withdrawn in a speech on tax policy at the National Press Club. But it could 
actually draw new attention to the report, which questions the premise that lowering the top marginal tax rate stimulates 
economic growth and job creation. Although Republicans have not said whether they had asked the research service, a 
nonpartisan arm of the Library of Congress, to take the report out of circulation, but they were clear that they protested its 
tone and findings. Senate Republican leader, Mitch McConnell of Kentucky, said Mr. McConnell and other senators "raised 
concerns about the methodology and other flaws." This pressure applied to the research service comes amid a broader 
Republican effort to raise questions about research and statistics that were once trusted as nonpartisan and apolitical. For 
more information please see the Jonathan Weisman article in the New York 'limes, Nonpartisan Tax Report 
Withdrawn Alter M. 
Protest. 
Further evidence that the economies of the Euro zone is worsening, unemployment set another record in 
September, official data showed, with 18.49 million people out of work in a weakening economy. The jobless 
rate in the 17-nation currency union ticked up to 11.6 percent from the 11.5 percent in August, as 146,000 more 
people were classified as unemployed, Eurostat, the statistical agency of the European Union, reported from 
Luxembourg. See the article in the New York Times by David Jolly and Melissa Eddy, Data Show Weakening 
in Euro Zone Economy. Also please feel free to see:Understanding the European Crisis Now in the New 
York Times as it explains that Countries with too much sovereign debt have increasingly is finding it difficult to 
raise the money needed at affordable rates in the financial markets. At the same time, banks in many of these 
countries have come under pressure as deposits have fled to countries with stronger economies. Because the 
banking systems are much larger than the economies of their home countries, the governments lack the ready 
resources to prop up banks in trouble. And until recently, Spain's sovereign debt was roughly the same as 
Germany's as a percentage of economic output, according to the International Monetary Fund. But Spain has 
Europe's highest unemployment rate and is once again in recession. With its banks deteriorating, Spain has been 
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forced to seek assistance for them from elsewhere in Europe. See: 
http://www.nytimes.corrilinteractive/2012/06/14/business/global/understanding-the-european-crisis.html? 
emc=etal 
• France: Debt/G.D.P.: 86.0% — Unemployment, March 2012: 10.0% — S. & P. Rating: AA+ 
• Germany: Debt/G.D.P.: 81.2% — Unemployment, March 2012: 5.6% — S. & P. Rating: AAA 
• Greece: Debt/G.D.P.: 165.3% — Unemployment, March 2012: 21.7% — S. & P. Rating: CCC 
• Italy: Debt/G.D.P.: 120.1% — Unemployment, March 2012: 9.8% - S. & P. Rating: BBB+ 
• Portugal: Debt/G.D.P.: 107.8% — Unemployment, March 2012: 15.3% — S. & P. Rating: BB 
• Spain: Debt/G.D.P.: 68.5% — Unemployment, March 2012: 24.1% — S. & P. Rating: BBB-
As many of you know, i am a big fan of Bill Moyers and as a result of Hurricane Sandy's impact on PBS's 
offices and studio this week's show on PBS was a repeat of a January 13, 2012 show with Jacob Hacker & Paul 
Pierson exploring how America's vast inequality didn't just happen, it's been politically engineered. This 
Election Day, issues of money, influence and "winner-take-all politics" are more important than ever. Moyers & 
Company dives into one of the most important and controversial issues of our time: How Washington and Big 
Business colluded to make the super-rich richer and turn their backs on the rest of us. 
Bill's guests — Jacob Hacker and Paul Pierson, authors of Winner-Take-All Politics: How Washington Made the 
Rich Richer — And Turned Its Back on the Middle Class, argue that America's vast inequality is no accident, but 
in fact has been politically engineered. How, in a nation as wealthy as America, can the economy simply stop 
working for people at large, while super-serving those at the very top? Through exhaustive research and analysis, 
the political scientists Hacker and Pierson — whom Bill regards as the "Sherlock Holmes and Dr. Watson" of 
economics — detail important truths behind a 30-year economic assault against the middle class. 
Who's the culprit? "American politics did it— far more than we would have believed when we started this 
research," Hacker explains. "What government has done and not done, and the politics that produced it, is really 
at the heart of the rise of an economy that has showered huge riches on the very, very, very well off" Bill 
considers their book the best he's seen detailing "how politicians rewrote the rules to create a winner-take-all 
economy that favors the 1% over everyone else, putting our once and future middle class in peril." 
BILL MOYERS: "Waking up is right. Waking up to the reality that inequality matters. It matters because what 
we're talking about is what it takes to live a decent life. If you get sick without health coverage, inequality 
matters. If you're the only breadwinner and out of work, inequality matters. If your local public library closes 
down and you can't afford to buy books on your own, inequality matters. If budget cuts mean your child has to 
pay to play on the school basketball team or to sing in the chorus or march in the band, inequality matters. If you 
lose your job as you're about to retire, inequality matters. And if the financial system collapses and knocks the 
props from beneath your pension, inequality matters. 
I grew up in a working class family. We were among the poorest in town, but I was rich in public goods. I went 
to a good public school, played sandlot ball in a good public park, had access to a good public library, drove 
down a good public highway to a good public college, all made possible by people I never met. There was an 
unwritten bargain among the generations -- we didn't all get the same deal, but we did get civilization." 
With America castigating China for currency manipulation, the country suffering a stagnant economy for the first 
time in more than two decades, (improving the lives of hundreds of millions and relying more and more on 
investment for growth,) the country has started to address these problems by moving from a reliance on export, to 
a consumption based economy. In the first three quarters, consumption accounted for 55 per cent of growth, 
while investment contributed 50.5 per cent. With external demand weak, net exports actually subtracted 5.5 per 
cent, according to data from the national statistics bureau. See the article in The Economist Magazine, China's 
consumer-led growth. 
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Obviously this is too early to give China a clean bill of health. The economy's strong performance at the end of 
the third quarter was in fact fuelled by a jump in investment, illustrating that consumption is still far from strong 
enough to power growth on its own. Retail sales, the best indicator of overall consumption, have been resilient, 
rising 14.2 per cent year-on-year in September. However, that has not made up for a deep slump in housing 
construction. Fearing that growth was on the verge of slowing too much, the government did what it does best: it 
cranked up investment. The approach has been two-pronged, as the central government has approved a series of 
large infrastructure projects since May. Meanwhile, the central bank has loosened monetary policy by cutting 
interest rates twice and injecting liquidity in money markets to ensure that these projects could obtain financing. 
Investment in railways surged 78 per cent year-on-year and investment on roads climbed 38 per cent. 
But what will this mean for the US, as China's need for foreign markets will be less and less, as well as their 
need to fund the economies of their major buying countries. 
As Eugene Robinson asked in The Washington Post this week, Why the chill on climate change? Why has 
Climate Change been ignored by both candidates, when it is obvious to the blindest of the blind, the world's 
climates are rapidly and drastically changing. And whether or not you believe that man has added to this 
phenomenon shouldn't matter 
when both Presidential candidates suggest that they would go to war on the 
presumption that Iran may get a nuclear weapon. If there is a slight chance that manmade erosion of the ozone 
has contributed to the current climate changes that are increasingly producing more and more major storms, 
eroding the polar ice caps, causing the temperatures of Oceans to rise and raising the level of the oceans to the 
point that during Hurricane/Tropical Storm Sandy that sea levels in New York City reached about 14 feet above 
the average low-tide mark; more than 9 feet above the average high; almost 3 feet above the last record, set in 
1821. 
A popular myth about sea level rise is that it happens slowly, giving people plenty of time to react. Or there's the 
blockbuster legend of a thousand-foot wave sweeping Manhattan and changing the world all at once. Both are 
unlikely. Hurricane Sandy showed us how sea-level rise actually works. It comes up in spikes that top historic 
highs and then fall back to normal. The Marshall Islands experienced such a high in 2011 when La Nifia 
swamped parts of the capital city of Majuro at high tide. Hurricane Katrina wreaked a similar catastrophe on the 
gulf coast. In every case, sea levels jump for a moment, setting records, and then fall back. The real danger here 
is not the surge itself, but the return to normal. We record a new high-water mark, but we call the crisis over 
because the waters have receded, our waterfronts are back, and we return to business convinced the worst is 
gone. In other words, we forget. 
We live in a time where people forget that there are serious consequences to our actions. We live in a country 
where voter ignore that policies of lax regulations allowed Wall Street and the Big Banks to create transactions 
tha cause the world economies to go into free-fall -- major recession, with the US on the verge of a great 
depression. We live at a time where science is ignored and castigated if it doesn't support a certain ideology. We 
live in a country that accepts cuts in education, healthcare, infrastructure and the safety net for the poor and 
elderly. We live in an country that ignores the fact that trickle-down economics has created the largest economic 
inequality, when everyone knows that a rising tide lifts all boats, which was the case in the 1950s and 1960s 
when America created the greatest Middle Class in history, that was the envy of the rest of the world. So unless 
we demand our politicians to address these serious systemic problems, like all other great societies in the past, 
the American Dream with wither away. 
Politics 
Like everyone who is seriously following the Presidential Election I am puzzled about who are these Undecided 
Voters, because if they don't know the differences between President Obama and Governor Romney's agendas 
by now they never will and probably should just flip a coin. As Bill Keller points out in an article in the New 
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York Times, The No Agenda Myth, by now voters should know what both candidates "say that they" are going 
to do as their philosophical differences are great, even though neither will explain the details of their plans. 
If Romney is elected we can fairly expect a rollback of universal health care in favor of the rough marketplace, 
and at least a partial dismantling of regulations on banks, extractive industries and whatever other industries 
squeal about job-killing red tape. We can expect a lowering of the safety net, especially a retrenchment of 
Medicaid and a marketization of Medicare. His deficit plan will rely on draconian spending cuts and on the 
supply-side superstition that tax cuts automatically produce growth. Romney will be somewhat more 
enthusiastic about oil and coal, and will put less faith in renewables. The military will not want. You can expect 
another Scalia or two on the Supreme Court, the defunding of Planned Parenthood and a social agenda aimed 
at appeasing the evangelical base, mainly by letting the states decide. On foreign policy Romney has gravitated 
toward Obama's caution, and I tend to believe him, if only because whoever is president will have his hands too 
full at home to embark on a war in Iran or Syria as long as it is avoidable. Most of all, it is difficult to believe 
that a President Romney will be able to beat back its neocon supporter who believe in gunboat diplomacy or 
Grover Norquest's no-tax supply side proponents to generate additional and badly need new revenues. 
With Obama, we can anticipate that the unfinished business of universal health care and the re-regulation of 
the Wall Street casino will be finished. We can expect investments in education, infrastructure and innovation, 
followed by a gradual, balanced attack on deficits that includes higher taxes on the wealthiest. (And this time he 
will have a hefty stick to apply to a recalcitrant Congress: the fiscal cliff, which forces Congress to compromise or 
share the blame for the ensuing havoc.) We can expect the Pentagon, after winding down two wars, to bank a 
peace dividend. If Obama is re-elected, especially if he is elected with substantial Latino support, we can expect 
that he will try to deliver on his postponed promise of comprehensive immigration reform. Most of all, we can 
expect an Obama Administration to do whatever it can to bolster the country's safety net, and a more nuanced 
foreign policy. 
So after four debates, thousands of hours of pundit's analysis, and hundreds of millions of dollars in negative ads, 
especially in the nine swing states, if there are still undecided voters, it is only because they want to be interviewed on 
television. 
****** 
Recently there has been good news concerning the economy. Unemployment has finally dropped below the 
dreaded 8% and the latest GDP figures are a okay 2%, which is twice that of the UK and larger than almost every 
European country with the exception of Germany, Poland and possibly Iceland, health care costs have slowed 
and consumer confidence has reached a post-recession high. So as David Leonhardt asked in his article this 
week in the New York Times, Who Gets Credit for the Recovery? 
Obviously the winner is likely to be able to claim the mantle of the president who brought the country out of a 
long economic slump, as Bill Clinton and Ronald Reagan were previously able to do. Both sides know as much, 
too. And should President Obama lose the election, he and his aides will be extremely upset that President 
Romney will be able to take credit for a recovery. Every presidential election affects the country's future, and it's 
silly to claim that this election is more significant than any other. Yet the prospect that the president who takes 
office in January will have the economic winds at his back — that he can claim his party is the solution and the 
opposition was the problem. 
The second fiscal cliff, $600 billion in spending cuts and tax increases scheduled to take effect on Jan. 1 will 
enable whomever the president is to shape the future of American government without having to make a grand 
legislative push. Mr. Obama or Mr. Romney will help determine whether taxes on the affluent rise and what 
happens to spending on defense, education, scientific research and alternative energy. Often overlook is that 
the Obama Administration has produced a more significant set of policies than any Democratic presidency in a 
EFTA01181965

half-century. And an assertive Republican Party has promised to undo many of those policies if it wins. Mr. 
Romney could try to extend and expand the age of Reagan — rather than to start a new period in domestic 
policy, as Mr. Obama has done. 
For Mr. Obama, a second term with a recovering economy would lock in the policies of his first term. It would 
allow him to make the case that the Democrats' economic strategy was far superior to the Republicans', citing 
not only his own record but Mr. Clinton's strong economic record and the younger Mr. Bush's flawed one. In the 
broadest terms, Mr. Obama would try to fashion a response to the income slump of the last dozen years based 
around a more progressive tax code and government programs — investments, in his phrasing — meant to lift 
economic growth. 
Leonhardt: "Throughout much of the 2012 campaign, the debate and the stakes have seemed small, if not superficial. Mr. 
Obomo, in place of a clear second-term agenda, published a brochure in the last week that repackages previous proposals. 
Mr. Romney, in place of a clear first-term agenda, has released a budget plan that does not add up. They ore both 
exaggerating the near-term impact the election's outcome will have on the economy. The next president probably will not 
determine the fate of the economy in 2013. But the economy will help determine the next president's power to shape the 
country. Right now, there is good reason to be bullish about the extent of that power." 
As Harold Meyerson pointed out in a piece this week in The Washington Post, A vote for the future or for the 
post?, the 2012 presidential election is fundamentally a contest between our future and our past. Barack 
Obama's America is the America that will be; Mitt Romney's is the America that was. And the distance between 
the two is greater, perhaps, than in any election we've had since the Civil War. 
The demographic bases of the rival coalitions couldn't be more different. Monday's poll from the Pew Research 
Center is just the latest to show Obama with a decisive lead (in this case, 21 percentage points) among voters 
younger than 30. Obama's margin declines to six points among voters ages 30 through 44, and he breaks even 
with Romney among voters ages 45 through 64. Romney's home turf is voters 65 and older; among those, he 
leads Obama by 19 points. Nor is age the only metric through which we can differentiate our future from our 
past. The other is race, as the nation grows more racially diverse (or, more bluntly, less white) each year. While 
the 2000 Census put whites' share of the U.S. population at 69.1 percent, that share had declined to 63.7 
percent in the 2010 Census, while the proportion of Hispanics rose from 12.5 percent to 16.3 percent. In raw 
numbers, total white population increased by just 1.2 percent during the decade, while the African American 
segment grew by 12.3 percent and the Hispanic share by 43 percent. Demographers predict that the white 
share of the U.S. population will fall beneath 50 percent in the 2050 Census. 
Rather than trying to establish a foothold among America's growing minorities, Romney and the Republicans 
have decided to forgo an appeal to Hispanic voters by opposing legislation that would grant legal status to 
undocumented immigrants brought here as children and by backing legislation that effectively requires 
Hispanics to carry documentation papers in certain states. Employing code words that paint blacks with the 
same brush, they have given up on the Black vote, suggesting that Blacks are only supporting the President 
because of race. Today's Republicans seek a majority through winning an ever-higher share of white voters. The 
Washington Post reported last week that its polling showed the greatest racial gap between the Democratic 
and Republican presidential candidates since the 1988 election, with Romney favored by 60 percent of white 
voters and Obama by 80 percent of minority voters (a figure that may prove low, if three-quarters of the 
Hispanic vote goes to Obama, as some other polls suggest it will). The problem for Republicans, of course, is 
that the minority vote is a far larger share of the total vote today than it was 24 years ago. By repeatedly 
estranging minorities and opposing social policies favored by the young, the Republicans have opted for a King 
Canute strategy: standing on the shore and commanding the tide to stop. Republicans with an eye toward the 
future, most notably George W. Bush and Karl Rove, have urged the party to embrace immigration reform, but 
EFTA01181966

the base is rabidly anti-immigrant and its antipathy is reinforced daily by talk radio hosts and Fox News 
chatterers who depict an America under siege by alien forces. 
Should Republicans prevail in this election and seek to build a more-than-one-term plurality, they will confront 
a stark choice: Either Romney must persuade his party to reverse its stance on immigration, or the party must 
seek to extend the scope of its voter-suppression efforts. Put another way, they must try to either 
accommodate the future or suppress it. Accommodation with diversity and modernity, however, is simply not 
part of the Republican DNA. Today's Republican Party has largely cornered the market on religious 
fundamentalists, even as the number of GOP scientists has dwindled (a 2009 Pew poll of scientists found that 
just 6 percent self-identified as Republicans, while 55 percent said they were Democrats). Many of the largest 
Republican funders come from economic sectors hardly distinguished by significant productivity increases or 
their contributions to mass prosperity (casino gambling, Wall Street), while Silicon Valley remains more 
Democratic turf. 
There are two Americas are facing off in next week's election. By their makeup, the 
Democrats are bound to move, if haltingly, into the future, while the Republicans parade proudly into the pre-
New Deal past — some of it mythic, lots of it ugly. The differences could not be clearer. 
Echoing General Collin Powell, New York Mayor, Michael Bloomberg was the latest major Republican leader 
who crossed the line to endorse President Obama. Under the title, A Vote for a President to 
Lead on Climate Change. Citing that in the past 14 months two hurricanes have forced New York to 
evacuate neighborhoods -- something our city government had never done before. Evidence that our 
climate is changing. And while the increase in extreme weather in New York City and around the 
world -- should compel all elected leaders to take immediate action. Bloomberg — Leadership Is 
Needed to address the affects of climate change. This can't done alone. We need leadership from the 
White House -- and over the past four years, President Barack Obama has taken major steps to reduce 
our carbon consumption, including setting higher fuel-efficiency standards for cars and trucks. His 
administration also has adopted tighter controls on mercury emissions, which will help to close the 
dirtiest coal power plants (an effort I have supported through my philanthropy), which are estimated 
to kill 13,000 Americans a year. 
Bloomberg admonishes President Obama for not devoting time and effort to developed and sustain a 
coalition of centrists, which doomed hope for any real progress on illegal guns, immigration, tax 
reform, job creation and deficit reduction. And cites a number of the President's important victories on 
issues that will help define our future. His Race to the Top education program -- much of which was 
opposed by the teachers' unions, a traditional Democratic Party constituency -- has helped drive badly 
needed reform across the country, giving local districts leverage to strengthen accountability in the 
classroom and expand charter schools. His health-care law -- for all its flaws — will provide insurance 
coverage to people who need it most and save lives. 
Bloomberg: When I step into the voting booth, I think about the world I want to leave my two 
daughters, and the values that are required to guide us there. The two parties' nominees for president 
offer different visions of where they want to lead America. One believes a woman's right to choose should 
be protected for future generations; one does not. That difference, given the likelihood of Supreme Court 
vacancies, weighs heavily on my decision. One recognizes marriage equality as consistent with America's 
march of freedom; one does not. I want our president to be on the right side of history. One sees climate 
change as an urgent problem that threatens our planet; one does not. I want our president to place 
scientific evidence and risk management above electoral politics. Of course, neither candidate has 
specified what hard decisions he will make to get our economy back on track while also balancing the budget. 
But in the end, what matters most isn't the shape of any particular proposal; it's the work that must be done to 
bring members of Congress together to achieve bipartisan solutions. Presidents Bill Clinton and Ronald Reagan 
both found success while their parties were out of power in Congress -- and President Obama can, too. If he 
EFTA01181967

listens to people on both sides of the aisle, and builds the trust of moderates, he can fulfill the hope he inspired 
four years ago and lead our country toward a better future for my children and yours. And that's why I will be 
voting for him. 
In a New York Times Editorial this week, Romney Versus the Automakers, When General Motors tells a 
presidential campaign that it is engaging in "cynical campaign politics at its worst," that's a pretty good signal 
that the campaign has crossed a red line and ought to pull back. Not Mitt Romney's campaign. "Having 
broadcast an outrageously deceiffid ad attacking the auto bailout, the campaign ignored the howls from car 
makers and came back with more. Mr. Romney apparently plans to end his race as he began it: playing lowest-
common-denominator politics, saying anything necessary to achieve power and blithely deceiving voters 
desperate for clarity and truth. What Mr Romney cannot admit that GM and Chrysler's success is due to the 
Obama Administration's auto bailout which he would have rejected. It's bad enough to be wrong on the policy. It 
takes an especially dishonest candidate to simply turn up the volume on a lie and keep repeating it. By doing that 
in a flailing, last-minute grab for Ohio, Mr Romney is providing a grim preview of what kind of president he 
would be." 
In a New York Times article By Teresa Tritcht, How Romney's Tax Plan Would Encourage Offshoring, --
Romney's tax plan is complicated when his own tax plan would actively encourage companies to move jobs 
abroad. Mr. Romney wants a so-called territorial tax system, in which the overseas profits of American 
corporations would escape United States taxation altogether. That would be a big incentive for multinational 
companies to shift jobs and investments overseas. It would also be a huge giveaway to multinationals — which, 
not surprisingly, are supporters of the switch to a territorial code. Under current law, taxes on foreign profits of 
American firms are deferred until the companies repatriate the money to the United States. Upon repatriation, the 
profits are taxed, but with a credit given for any foreign taxes paid on the profits, so there is no double taxation. 
That is already more than generous tax treatment. But a territorial system would go one better, by declaring that 
overseas profits that are currently tax-deferred would instead be tax-free, forever. So Mr. Romney's anti-
Chrysler ads not only distort what Chrysler is doing. They also decry precisely the policies that his tax plan 
would provoke: moving jobs offshore, hand in hand with tax avoidance. 
For some reason, Mitt Romney continues to try to distort successful Obama policies that he openly opposed, 
suggesting that he could and would have done better.... When I was going up they use to call it "Monday 
Morning Quarterbacking" and it is truly ridiculous that a serious Presidential Candidate would dismiss a 
successful policy that he initially opposed.... especially when it truly saved a major industrial sector, as well 
as helping Americans weather the worse economy since the Great Depression.... 
A Mitt Romney's pollster declared angrily months ago, "We're not going to let our campaign be dictated by 
fact-checkers."He and Romney's campaign have held true to that prediction. Romney's outright lies, reversals, 
contradictions, contortions and distortions are so numerous, so cynical, so lacking in respect for voters, one 
veteran of national campaigns said, "If he wins, it changes everything I know about American politics." Let's 
stop pretending both candidates are guilty of similar transgressions, because they are not. The real offender is 
Romney, who just makes stuff up: 
Lie No. 1: Chrysler's moving jobs to China. Chrysler vehemently and swiftly denied it, declaring it has "no 
intention of shifting production of its Jeep models out of North America to China." When Donald Trump 
repeated this in a tweak, Chrysler's CEO tweaked back, "You are full of shit!" 
Lie No. 2: He would've saved the auto industry. He forgets the fact that he wrote an op-ed titled, Let Detroit 
Go Broke. 
Lie No. 3: Ordering the bin Laden raid was apiece of cake. One member of Seal Team Six, the team that 
executed the raid, wrote a book about it and said: "Not every president would have ordered the raid that killed 
Osama bin Laden." 
EFTA01181968

Lie No. 4: No apology tour. In fact, in France, Obama criticized Europeans for "not recognizing the good that 
America so often does in the world; there have been times where Europeans choose to blame America for much 
of what's bad." 
Lie No. 5: Magical tax cuts that cut the deficit The nonpartisan Tax Policy Center analyzed Romney's 
proposal and concluded it didn't add up. No one outside of Romney headquarters can do the math. 
Lie No. 6: Flat-out false on new jobs. Over the past three years more than 5 million new jobs have been 
created in America, with the Labor Department's Bureau of Labor Statistics reported on Friday that the U.S. 
economy added 171,000 jobs and revising upward another 84,000 new jobs over the last two months. 
Lie No 7: Blunt on birth controL Earlier Romney said: "Of course I support the Blunt amendment." 
Lie No. 8: Oily deception. Romney: "Oil production is down 14 percent this year on federal land." Romney 
conveniently ignores that drilling went down under Bush Jr. and rose under Obama. Romney wants more 
offshore drilling along the coasts of Virginia and the Carolinas. 
Lie No. 9: Energy independence = Hello, more fracking and coaL After saying, as governor, "I believe the 
world is getting warmer, and I believe that humans have contributed to that," he's now a climate change denier, 
guided by politics, rather than science, he's for more coal mining ("I love coal!"). 
Lie No. 10: Slippery on Keystone. Romney says the president blocked the Keystone pipeline, depriving 
Americans of crude oil. In fact, Keystone has been carrying oil to an Illinois refinery since 2010. 
Lie No. 11: Triple flips on immigration. In June he refused to say if he'd revoke the president's executive order 
that allows young illegal immigrants to avoid deportation as long as they meet certain standards. With polls show 
him getting clobbered in the Hispanic-American community, Romney now says he supports the Obama policy. 
Lie No. 12: Suddenly for affirmative action. Since when did Romney start believing in what Republicans 
degrade as "affirmative action" and "quotas"? 
Lie No. 13: "Refocus" (that is, cut) Pell Grants. Romney has been vague on the issue, using, as The Nation's 
George Zornick writes, "ominous budget-speak" that he wants to "refocus" Pell Grant dollars to "place the 
program on a responsible long-term path," but VP candidate Paul Ryan's budget would cut Pell Grants. 
Lie No. 14: Failure rate Bain could love. He said "about half of [the green firms the Obama administration 
invested in] have gone out of business. 
Lie No.1 15: The brass of Ryan. Former President Bill Clinton said "it takes some brass" for Romney and Ryan 
to attack Obama for doing what they're doing. In fact, the $716 billion reduction in Obamacare is a savings from 
reduced payments to hospitals and physicians that were overcharging. 
Lie No. 16: Pants On Fire on welfare. Romney has claimed that Obama removed the work requirement from 
the welfare law. Truth is, Obama merely allowed governors to create harder or broader work requirements. That 
was such "a drastic distortion" it earned the "Pants On Fire" (most inflammatory claim) award from the 
Pulitzer Prize-winning PolitiFact website. 
Lie No. 17: Day One as CEO. Romney apparently believes he will be CEO, not president, on his first day in 
office. He has variously promised to approve completion of the Keystone Pipeline, without proper 
environmental impact understanding or emergency measures; issue executive orders to halt implementation of 
the Affordable Care Act — that that will go straight to the Supreme Court; introduce tax cuts for 'job creators," 
also known as millionaires and billionaires; classify China as a "currency manipulator," which allows him to 
impose tariffs on Chinese imports that he believes are killing U.S jobs — ignoring that China owns a mountain 
of U.S. debt; reduce the deficit; repeal job-killing regulations; and end the Obama era of big government. Whew, 
all in one. If you would like the read the entire article Can Romney Lie His Way To The Presidency? By Dan 
Payne. 
****** 
As Charles Blow asked in an op-ed this week in the New York Times, Liberty to Lie — "This election may go 
down in history as the moment when truth and lies lost their honor and stigma, respectively. Mitt Romney has 
demonstrated an uncanny, unflinching willingness to say anything and everything to win this election. And that 
person, the unprincipled prince of untruths, is running roughly even with or slightly ahead of the president in the 
national polls. What does this say about our country? What does it say about the value of virtue? Romney 
wouldn't acknowledge the truth if it kissed him on the cheek. In fact, Romney seems to have decided that the 
only things standing between him and the White House are stubborn facts. He continues to roll right over them. 
EFTA01181969

The question is: will this scurrilous tactic have negative consequences? 
First, the right's disinformation machine is, explicitly and implicitly, making the argument that facts (science, 
math, evidence) are fungible and have been co-opted by liberal eggheads. They have declared war on facts in 
response to what they claim is a liberal war on faith. This is an utterly false and ridiculous argument, but it works 
on some people. According to a Quinnipiac University/New York Times/CBS News Swing State poll released 
Wednesday, President Obama has a 9 percentage point lead over Romney in Ohio among likely voters on the 
question of who is honest and trustworthy (most people thought that the president was honest while most would 
not say the same about Romney). But that same poll found that the president only had a 5-point lead in the horse 
race numbers in Ohio. 
The President had a similarly large lead on the honesty question in Florida and in Virginia, but in those states the 
poll found the race to be virtually tied — the president had a small lead that was within the margin of error. How 
is it that so many people are willing to support a man who they don't believe is honest or trustworthy? The poll 
also found that most voters didn't believe that Romney cared about their problems. On the other hand, at least 60 
percent of voters in each state said that they believed that the president cared about their problems. 
Who votes for a man who doesn't care about you over a man who does? I recognize that Obama hatred is a real 
thing, but disliking the president so much that you would do harm to yourself by voting for someone who you 
admit you don't trust seems to be taking things to extremes. All the voters who are aware of Romney's fact-
mangling but vote for him anyway must ask themselves this question: are they granting him the liberty to lie?" 
Although most political experts are forecasting a Obama win on Tuesday, with the President is ahead in seven of 
the nine swing states, which if true, the President will end up winning with approximately 300 Electoral Votes, 
thirty more than the 270 required to win the election. The real ugliness in the 2012 election is voter suppression 
of minority and elderly voters who usually vote democratic. In a New York Times Editorial today --
Republican officials around the country to prevent them from playing a role in the 2012 election. 
Republicans are assembling teams to intimidate voters at polling places, to demand photo ID where none is 
required, and to cast doubt on voting machines or counting systems whose results do not go their way. The good 
news is that the assault on voting will not affect the election nearly as much as some had hoped. Courts have 
either rejected or postponed many of the worst laws. Hopefully the predictions that up to five million people 
might be disenfranchised will not happen. But a great deal of damage has already been done, and the clearest 
example is that on Sunday in Florida, people will not be allowed to vote early. Four years ago, on the Sunday 
before Election Day, tens of thousands of Floridians cast their ballots, many of them black churchgoers who 
traveled directly from services to their polling places. Because most of them voted for Barack Obama, helping 
him win the state, Republicans eliminated early voting on that day. No legitimate reason was given; the action 
was entirely partisan in nature. 
The author of that law, as The Palm Beach Post revealed last week, was Emmett Mitchell IV, the general 
counsel for the state Republican Party. Under his guidance, party officials in Florida got thousands of perfectly 
eligible black voters purged from the rolls in 2000, and got a law passed last year that limited registration drives 
and early voting days. A federal judge struck down the registration limits, but not before they drove down the 
numbers of new registrants. The law cutting back nearly half the number of early-voting days in Florida remains 
in place, a reaction to the Obama campaign's successful use of the system. Early voting is wildly popular, freeing 
people from having to cast a ballot within a few hours on a workday, and all but 15 states allow it in some form. 
(When will New York get the message?) But even after long lines formed last week at early-voting stations in 
Florida, Gov. Rick Scott refused to extend the period an extra day. In Ohio, a judge had to restore early-voting 
days that Republicans had tried to cut. 
One of the biggest attempts to reduce the turnout of minority voters, poor people and others likely to vote 
Democratic has been the imposition of photo ID requirements, under the guise of preventing nonexistent voter 
fraud. In Pennsylvania, South Carolina, Texas and Wisconsin, courts have blocked these laws or postponed them 
until after the election, but the issue is by no means dead, and Republicans can be expected to continue to press 
EFTA01181970

their self-serving case. In Iowa and Wisconsin, the Romney campaign has given its poll watchers misleading or 
incorrect information — for instance, that voters should show an ID in Iowa, where none is required — which 
could create disputes and long lines, most likely in Democratic precincts. 
One of the saddest signs of the politicization of the voting process and the counting of ballots has been the 
armies of lawyers assembled by both parties in the swing states where the vote is likely to be the closest. Much 
of this would be unnecessary if not for the requirements that Republicans have tried to put in place, which force 
Democrats to make sure that provisional ballots are not thrown out or mishandled. (In Nevada, Republicans are 
already preparing their challenge by claiming, with absolutely no evidence, that some machines are 
malfunctioning in Mr. Obama's favor.) Hopefully public outcry, with support from the courts, may eventually 
remove these threats to democracy. For now, those who contribute to a heavy turnout on Tuesday will send a 
message that Americans reject any underhanded effort to place political gain above a franchise for which people 
have given their lives. 
Joke of the Week 
An old Canadian priest lay dying. He sent a message 
for a Canada Revenue Agency(CRA) Supervisor and 
his Lawyer to come to the hospital. 
When they arrived, they were ushered up to his 
room. As they entered the room, the priest held out 
his hands and motioned for them to sit on each side 
of the bed. The priest grasped their hands, sighed 
contentedly, smiled and stared at the ceiling. For a 
time, no one said anything. 
Both the Canada Revenue Agency Supervisor and 
the lawyer were touched and flattered that the old 
man would ask them to be with him during his final 
moments. They were also puzzled because the priest 
had never given any indication that he particularly 
liked either one of them. 
EFTA01181971

Finally, the Lawyer asked, " Father, why did you ask 
the two of us to come here? " 
The old priest mustered all his strength, and then 
said weakly, "Jesus died between two thieves, and 
that's how I'd like to go." 
Quote of the Week 
Political equality in meaningless in the face of economic inequality 
 Franklin Delano Roosevelt 
(FDR) 
This Weekend's Music 
Ths week I am feeling one of my favorite singers, Ms. Nancy Wilson.... I hope that you enjoy 
Nancy Wilson on born February 20, 1937 — is an American singer with more than 70 albums, and three Grammy 
Awards. She has been labeled a singer of blues, jazz, cabaret and pop; a "consummate actress"; and "the 
complete entertainer." The title she prefers, however, is song stylist. She has received many nicknames including 
"Sweet Nancy", "The Baby", "Fancy Miss Nancy" and "The Girl With the Honey-Coated Voice". At the age of 
15, while a student at West High School (Columbus, Ohio), she won a talent contest sponsored by local 
television station WTVN. The prize was an appearance on a twice-a-week television show, Skyline Melodies, 
which she ended up hosting. She also worked clubs on the east side and north side of Columbus, Ohio, from the 
age of 15 until she graduated from West High School, at age 17. Unsure of her future as an entertainer, she 
entered college to pursue teaching. She spent one year at Ohio's Central State College (now Central State 
University) before dropping out and following her original ambitions. She auditioned and won a spot with Rusty 
Bryant's Carolyn Club Big Band in 1956. She toured with them throughout Canada and the Midwest in 1956 to 
1958. While in this group, Nancy made her first recording under Dots Records. 
When Nancy met Julian "Cannonball" Adderley, he suggested that she should move to New York City, believing 
that the big city would be the venue in which her career could bloom. In 1959, she relocated to New York with a 
goal of obtaining Cannonball's manager John Levy as her manager and Capitol Records as her label. Within 
four weeks of her arrival in New York she got her first big break, a call to fill in for Irene Reid at "The Blue 
Morocco". The club booked Wilson on a permanent basis; she was singing four nights a week and working as a 
secretary for the New York Institute of Technology during the day. John Levy sent demos "Guess Who I Saw 
Today", "Sometimes I'm Happy", and two other songs to Capitol. Capitol Records signed her in 1960. Nancy's 
debut single, "Guess Who I Saw Today", was so successful that between April 1960 and July 1962 Capitol 
Records released five Nancy Wilson albums. Her first album, Like in Love, displayed her talent in Rhythm and 
Blues, with the hit R&B song "Save Your Love for Me." Adderley suggested that she should steer away from her 
original pop style and gear her music toward jazz and ballads. In 1962, they collaborated and produced the album 
Nancy Wilson and Cannonball Adderley, which propelled her to national prominence. Between March 1964 and 
June 1965, four of Wilson's albums hit the Top 10 on Billboard's Top LPs chart. In 1963 "Tell Me The Truth" 
became her first truly major hit, leading up to her performance at the Coconut Grove in 1964 — the turning point 
of her career, garnering critical acclaim from coast to coast. It was covered in Time magazine: She is, all at once, 
both cool and sweet, both singer and storyteller. In 1964 Nancy released what became her most successful hit 
on the Billboard Hot 100 with "(You Don't Know) How Glad I Am", which peaked at No. 11. From 1963 to 1971 
Wilson logged eleven songs on the Hot 100, 
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including two Christmas singles. However, "Face It Girl, It's Over" was the only remaining non-Christmas song 
to crack the Top 40 for Wilson (#29, in 1968). 
After doing numerous television guest appearances, Wilson eventually got her own series on NBC, The Nancy 
Wilson Show (1967-1968), which won an Emmy in 1975. Over the years she has appeared on many popular 
television shows from I Spy (more or less playing herself as a Las Vegas singer in the 1966 episode "Lori," and a 
similar character in the 1973 episode "The Confession" of The F.B.I., Room 222, Hawaii Five-O, Police Story, 
The Jack Paar Program, The Sammy Davis, Jr. Show (1966), The Danny Kaye Show, The Smothers Brothers 
Comedy Hour, Kraft Music Hall, The Sinbad Show, The Cosby Show, The Andy Williams Show, The Carol 
Burnett Show, Soul Food, New York Undercover, and recently Moesha, and The Parkers. She also appeared on 
The Ed Sullivan Show, The Mery Griffith Show, The Tonight Show, The Arsenio Hall Show and The Flip Wilson 
Show. She was in the 1993 Robert Townsend's The Meteor Man and in the film, The Big Score. She also 
appeared on The Lou Rawls Parade of Stars and the March of Dime Telethon. She was signed by Capitol 
records in the late 1970s and in an attempt to broaden her appeal she cut the album Life, Love and Harmony, an 
album of soulful, funky dance cuts that included the track "Sunshine", which was to become one of her most 
sought-after recordings (albeit among supporters of the rare soul scene with whom she would not usually 
register). 
In the 1980s, she recorded five albums for Japanese labels because she preferred recording live, and American 
labels frequently did not give her that option. She gained such wide popularity that she was selected as the 
winner of the annual Tokyo Song Festivals. In 1982 she recorded with Hank Jones and the Great Jazz Trio. In 
that same year she recorded with Griffith Park Band whose members included Chick Corea and Joe Henderson. 
In 1987 she participated in a PBS show entitled Newport Jazz '87 as the singer of a jazz trio with John Williams 
and Roy McCurdy. In 1982 she also signed with CBS, her albums here including The Two Of Us (1984), duets 
with Ramsey Lewis produced by Stanley Clarke; Forbidden Lover (1987), including the title-track duet with 
Carl Anderson; and A Lady With A Song, which became her 52nd album release in 1989. In 1989 Nancy Wilson 
in Concert played as a television special. In the early 1990s, Nancy recorded an album paying tribute to Johnny 
Mercer with co-producer Barry Manilow entitled With My Lover Beside Me. In this decade she also recorded 
two other albums, Love, Nancy and her sixtieth album If I had it My Way. In the late 1990s, she teamed up with 
MCG Jazz, a youth-education program of the Manchester Craftsmen's Guild, nonprofit, minority-directed, arts 
and learning organization located in Pittsburgh, PA. 
In 1995, Nancy Wilson performed at the New Orleans Jazz & Heritage Festival and the San Francisco Jazz 
Festival in 1997. In 1999, she hosted a show in honor of Ella Fitzgerald entitled Forever Ella on the A & E 
network. All the proceeds from 2001's A Nancy Wilson Christmas went to support the work of MCG Jazz. 
Wilson was the host on NPR's Jazz Profiles, from 1996 to 2005. This series profiled the legends and legacy of 
jazz through music, interviews and commentary. Wilson and the program were the recipients of the George 
Foster Peabody Award in 2001. Wilson's second and third album with MCG Jazz, R.S.V.P. (Rare Songs, Very 
Personal) (2005), and Turned to Blue (2007), both won the Grammy Award for Best Jazz Vocal Album. Wilson 
shocked audience members at B.B. King's Blues Club and Grill in New York on May 26, 2011, by announcing 
that the performance would be her last club date before retiring. Miss Wilson's remarks came at the start of her 
show and produced gasps and shouts of "No!" from a startled sold-out house. "I want to go home...and stay 
home," she said, explaining her decision. 
Nancy Wilson — Alfie — https://www.youtube.com/watch?v=KVoj5Z7epnE&Iist=AL94UKMTqg-
9CsJTMwwxVZFf2bPQ_Iythr&index=100 
Nancy Wilson — I Can't Make You Love Me (Bonnie Raitt) — https://www.youtube.comAvatch? 
v=9S3o891aDyc 
Nancy Wilson — Lush Life — hups://www.youtube.corn/watch?v=hGRKWG6Y08w&list=AL94UKMTqg-
9CsJTMwwxVZFf2bPQ_Iythr&index=29 
Nancy Wilson — How Glad I Am (Live at Carnegie Hall 1987) — https://www.youtube.corn/watch? 
v= easEvl hxdQ 
Nancy Wilson — Someone to Watch Over Me — https://www.youtube.com/watch? 
v=XodEFGIObsk&feature=related 
Nancy Wilson — I'm Drinking Again (Live at Lake Tahoe 1982) — https://www.youtube.comiwatch? 
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v=JVqDa I Tk I sl&feature=relmfu 
Nancy Wilson — Wives And Lovers 
— https://www.youtube.comlwatch?v=2VzvrohOnV4&feature=related 
Nancy Wilson — When Sunny Gets Blue 
— https://w ww.youtube.comAvatch?v=r1HvepUr-
Jk&list=AL94UKMTqg-9CsJTMwwxVZFf2bPQ_Iythr&index=2 1 
I hope that you enjoyed this week's of erings and as always wish you a great week 
Sincerely, 
Greg Brown 
Gregory Brown 
Chairman & CEO 
GlobalCast Pane's. LLC 
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