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How The GOP Could Spend $50 Million vs. Repealing Obamacare

I wonder if Republicans realize that the fifty million dollars they just spent trying to repeal Obamacare is equal to how much it costs to provide food stamp benefits to more than 31000 people for a full year? Or if they realize that the fifty million is also equal to more than 3000 Americans collecting unemployment benefits for a full year. Or if they realize that fifty million could have been used to send more than 6000 students to a public college for four years for free. Most likely no - they don't realize it because right after voting to repeal Obamacare for the 33rd time - they went ahead and wasted even more taxpayer money talking about golf. The second Democrats want to spend more money to help Americans - Republicans say no way. So maybe if we speak in their terms - if we tell them how that fifty million could have been better spent on things they care about - then they can really understand how much money they just wasted on their Obamacare crusade. For example - fifty million dollars could have bought ten new Mitt Romney McMansions - each complete with its own $55000 car elevator. Or - it could have purchased more than 33000 semi-automatic rifles for Sheriff Joe Arpaio's Southern border goon squad. It could have funded 80 more hours of witch hunts - 80 hours of Congressional hearings into Fast and Furious - or Planned Parenthood - or Islamophobia. Or it could have funded 416000 rounds of golf at St. Andrews - where the annual Congressional Golf Tournament can ...

The Good, The Bad and the Very Very Ludibriously Ugly!

The Good! *Texas District Court Judge Gisela Triana* On Monday - Triana ruled that the atmosphere must be protected for public use - just like water. In her ruling - Triana said air and the atmosphere are public trusts - and therefore must be protected for the well-being of the public. The Bad! *US Olympic Committee* The Olympics are just two weeks away - and over the course of a month - Americans will be filled with patriotism as they watch their favorite athletes compete. But - our athletes won't be wearing American-made clothing when they're walking the streets of London - because the offical uniforms of this year's olympians are made in China. And the Very Very Ugly! *Colorado Secretary of State Scott Gessler (R)* Gessler wants to make sure Colorado continues what Florida started. On Tuesday - he sent a letter to the Department of Homeland Security - asking that they help verify the status of 5000 registered voters as part of Colorado's voter purge. And - just like in Florida - Gessler says he will sue the DHS if they refuse to help

Your Take/My Take - Ron on the Wealthy Elite

Thom answers questions and makes comments.

Geeky Science! The Brain & Altruism...Size DOES Matter

Why do some people give so much money to charity - while others don't seem to care about anyone but themselves? Well - it turns out brain anatomy has a lot to do with it. More on that in tonight's Geeky Science.

American Entrepreneurship has Declined 53% Since Reagan!

On Tuesday - in a rare-act of bipartisanship - the Senate passed the Small Business Jobs and Tax Relief Act. The legislation is aimed at giving some much-needed stimulus to America's entrepreneurs - by giving any small business that hired more workers in 2012 a 10% tax credit. It also gives away new tax credits for small businesses that invest in new major equipment. It's no secret that small businesses have taken quite a hit following the Bush Great Recession. But there's new evidence out now that suggests American entrepreneurial class has been suffering for a long time before Barack Obama - or even George W. Bush - moved into the White House. In fact - the evidence shows that American entrepreneurs have been getting pummeled for more than thirty years now. According to a new study released today by the New American Foundation, the number of entrepreneurs per capita has dropped by 53% since 1977. And since 1991, the number of Americans who are self-employed has dropped by more than 20%. In other words, Americans who use to be able to start their own businesses are increasingly being forced to join the ranks of the working poor. Our nation - quite frankly - has forgotten how to foster an entrepreneurial class over the last thirty years. So why is that? Could it have something to do with massive tax cuts for the wealthy and for transnational corporations that have made rich even richer and big corporations even bigger to force small businesses out of the marketplace? Or ...

How Should Free Markets Deal w/Wealth Inequality?

Professor Luigi Zingales, author, A Capitalism for the People: Recapturing the Lost Genius of American Prosperity, joins Thom Hartmann. The LIBOR rate-fixing scandal is coming to America. Now - more than a dozen banks are being investigated by the US Justice Department to determine just how widespread the rate-rigging scandal, which might have cost consumers billions of dollars, really is. So far, only one bank - Barclays - has admitted guilt in the scandal. But several cities - led by Baltimore - are launching their own investigations to figure out if their pension funds took a hit as a result of the rate-rigging. During the financial crisis - the city of Baltimore was forced to lay off public employees and cut services. But the city now claims their fiscal problems were made worse by the manipulated LIBOR rates. Baltimore and other cities have filed dozens of lawsuits in a Manhattan Federal court against several banks including Bank of America, JP Morgan Chase, and Deutsche Bank - accusing the banks of manipulating LIBOR rates during the financial crisis to boost their own profits, while screwing over entire cities. So it could be a matter of time before some banksters' heads roll. And by "heads roll" I mean a slap on the wrist fine - since we all know banksters are immune from jail time this day and age. Congress is jumping into the mix, too, with plans to bring Federal Reserve Chairman Ben Bernanke and Treasury Secretary Tim Geithner to Capitol Hill for hearings ...

Do We Need the Disclose Act or a Constitutional Amendment?

David Cobb, Move to Amend, joins Thom Hartmann. I've said it before - and I'll say it again - the only way Mitt Romney can win the White House is by lying. And it helps that he has the help of people like the Koch Brothers, Karl Rove, and a slew of mysterious anonymous donors, all who've pledged to spend over a billion dollars this election cycle to plaster over Romney's lies. They can do this because of the Supreme Court's Citizens United decision in 2010. And ever since that decision - Democrats in Congress have been desperately trying to at least bring some transparency to this new avalanche of corporate spending in our elections. They've been trying to pass legislation so that if corporations and millionaires and billionaires want to spend billions to cover up Mitt Romney's lies - then at least we the voters should know where that money is coming from. In 2010 - Democrats in the House of Representatives passed the DISCLOSE Act, which would have done just that. Unfortunately - the DISCLOSE Act laws filibustered that year by the Republican minority in the Senate. So now - Democrats in the Senate are trying it again. On Tuesday - Senator Sheldon Whitehouse and eight other Senate Democrats proposed a new, watered-down DISCLOSE Act, hoping that the latest, more corporate-friendly legislation may attract some Republicans supporters. But is this really the strategy Progressives should be using to get corporate money out of our politics. Or do we need to be bolder and push ...

Bain: Romney caught Lying Again & Again & Again...

Mike Papantonio, Host, Ring of Fire Radio, joins Thom Hartmann. Mitt Romney has lied his way through the Presidential campaign - and he just can't seem to stop. What's he accused of lying about now - and can this modern day Pinocchio really be America's next President? As financial documents filed in 2003 - and obtained by the Boston Globe - show - Romney still owned 100% of Bain Capital as recently as 2002 - and even earned at least $100000 as an executive at Bain in 2002 - three year after Romney claims he had left the business. So now we can add lying about his tenure at Bain to the long list of other Romney lies, just as voters are demanding the truth about Romney's several offshore bank accounts and how he's using them to avoid paying taxes.

Full Show 7/11/12: House Repeals Obamacare (again)

Thom discusses the House's latest repeal of Obamacare with tonight's "Lone Liberal Rumble" panel. Also discussed: where Romney's money comes from, whether voter ID laws are the new poll tax and in tonight's "Daily Take" Thom calls for the end of billionaires.

Lone Liberal Rumble - Socialists, Poll Taxes & Climate Change

Horace Cooper, National Center for Public Policy Research & Lachlan Markay, Heritage Foundation, join Thom Hartmann. Does wanting a little more transparency and disclosure in American politics make you a socialist? That and more in tonight's Lone Liberal Rumble...

The No Billionaires Campaign

I believe it's time we reconsider the role billionaires play in our economy and our society. In fact, I say it's time we outlaw billionaires by placing a 100% tax on any wealth over $999999999. Trust me, we'll all be much better off in a nation free of billionaires. Look around, the whole planet is in crisis. Europe is on the brink of collapse, the United States economy is sputtering out, freak climate-change induced weather is becoming more and more common, our streets are becoming the breeding grounds for social instability, and all the while there is a small cadre of very, very wealthy individuals -- billionaires -- who are sucking up more and more of the wealth that used to belong to working people. Just consider these numbers: Post World War 2, all income levels in America grew together, and the lowest income level - the 20% poorest Americans - actually grew at a faster rate that the top 20% wealthiest Americans. During this time, billionaires were few and far between in America as wealth was more evenly distributed. But since Reagan , and since a new mentality was instilled in our culture that greed is good, and that the super-rich shouldn't be questioned or asked to sacrifice anymore for their nation, then income for the top has increased rapidly - while actually falling for the bottom. Since 1980, the top 1% has sucked up 80% of all the new wealth created. And, in 2010, the richest one percent of Americans received 93% of all of the new income earned that year ...

America on Fire Sale for Foreign Corporations

For the past two years - the US government has been negotiating with eight Pacific nations on a new so-called trade deal - the Trans-Pacific Partnership. But - despite the lengthy negotiations - the TPP had been largely ignored by the mainstream media - and even Congress was unaware of America's position on the deal. That was all until last month - when a 52 page document on the TPP was leaked to the watchdog group Public Citizen - and the proverbial floodgates opened. Joining Thom Hartmann now to discuss more on the Trans-Pacific Partnership and just how damaging it is to America is Dr. Brian Moench - President of the Utah Physicians for a Healthy Environment - Member of the Union of Concerned Scientists and a contributor to Truthout and Common Dreams

The Good, The Bad, and the Very Very Chaetiferously Ugly!

The Good! *Laura Ricketts* L-PAC is a new superPAC that has been launched to support pro-lesbian candidates as well as marriage equality ballot initiatives in this election cycle. The Bad! *South Carolina Gov. Nikki Haley (R)* Haley vetoed legislation that would have provided nearly half a million dollars in aid to domestic violence and sexual assault prevention programs. and the Very Very Ugly! *Guns Save Life* The NRA-supported pro-gun rights group organizes summer shooting camps for children. And - last month - the group exploited loopholes in a Chicago gun buyback program - and managed to take $6000 dollars in taxpayer money to buy ammunition and guns for children as young as 9 to use.

Tax breaks for 10 years...where are the jobs?

David Selig, Conservative Commentator, joins Thom Hartmann. Great news for Conservatives today - a new report out reveals taxes in America are the lowest they've been in three decades. So - shouldn't Boehner, Cantor and crew be applauding President Obama - and be hoping that he wins re-election?

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A Rising Tide Only Lifts All Boats When Everyone Has a Boat.

President John F. Kennedy once said about economic development that “a rising tide lifts all boats.” Kennedy was, of course, right, but he missed something really, really important: A rising tide lifts only lifts all boats when everyone has a boat.

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