By now the political world has heard about Mitt Romney’s statement to a group of hecklers at the Iowa State Fair yesterday. Explaining why he didn’t want to tax corporations to lower the deficit and pay for social insurance programs, Romney stated that “corporations are people, my friends.” This received the requisite amount of attention from partisans. But who initiated the exchange?
It turns out that the hecklers were a group of about a dozen members of Iowa Citizens for Community Improvement (CCI). They are a grassroots community organization that is part of a broader coalition called The New Bottom Line, which seeks to challenge big bank interests on behalf of everyday communities. And they have a message for members of both parties who visit Iowa during caucus season. I spoke with Dave Goodner, an Iowa CCI organizer who was part of the exchange yesterday.
Iowa CCI has about 3,300 members all over Iowa. Three-quarters of them are over the age of 65, and about 60% live in rural Iowa. “One of our biggest issues is Social Security and Medicare and making Wall Street pay for the financial crisis,” said Goodner. “We know where the money is. Not in the back pocket of a senior on Social Security. The money’s on Wall Street. It was their crisis and they should have to pay for it.”
In fact, the exchange with Romney started when an Iowa CCI member asked why shouldn’t we lift the payroll tax cap to bring long-term balance to Social Security. “The only position we have is no cuts, scrap the cap,” said Goodner.
Goodner acknowledged that the Supreme Court takes an attitude on corporations being people that is very similar to Mitt Romney. Goodner referenced a tweet by Ezra Klein, which said that Romney was right in the eyes of the law. “I don’t think the average Iowan is going to be sympathetic to that view,” Goodner added, however. “It shows how out of touch Romney is. From what he said, he stands on the side of big money corporations on Wall Street against everyday people.” Similarly, George Goehl, the Director of National People’s Action, a leader in the New Bottom Line project, said in a statement, “The corporations Mr. Romney believes are filling people’s pockets are the ones who crashed our economy and hijacked our democracy.”
Goodner and his group were not pleased with Romney’s full answer, where he touted so-called “progressive price indexing” (which would have to cut benefits well into the middle class to generate any savings) and raising the retirement age. “He’s talking about benefit cuts that are going to hurt seniors, the elderly, the poor and the disabled,” said Goodner. “And ask for nothing from the wealthiest Americans, and the companies on Wall Street.”
This sounds similar to what President Obama has been saying recently in support of a balanced deficit solution. But Iowa CCI isn’t exactly enthralled with his performance of late either. “Our members are very upset and angry at Obama,” Goodner said. “He was the one who put Social Security and Medicare on the table. We delivered a letter to his campaign office in Des Moines, telling him to back off, to take this off the table.” As it turns out, Obama will be in Peosta, Iowa next week, as part of a Rural Economic Forum. Iowa CCI has members there, but it’s not a public town hall meeting, so they are still strategizing about how to reach the President with their message. In the meantime, they are speaking to their representatives in Iowa (all of whom, Democratic or Republican, voted against the debt limit bill), or any other Democratic representatives, telling them to deliver their message to the President. It turns out that DNC chair Debbie Wasserman Schultz is at the Iowa State Fair today, so we’ll see if anything transpires.
And they are adamant on this point. “Anytime a candidate or the President comes to Iowa, we’re going to bird-dog them,” Goodner said. “We put principles above party. They’re all going to hear from us.”




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of course they leaked it to their friends and family,the Aspen leaves…those well connected get their IPOs and insider info
If corporations are people, why can’t we fuck them? Might as well proclaim that a chihuahua is a rocket ship. Saying they are the same doesn’t erase the fact that they are not the same, that the differences vastly outnumber and outweigh any possible similarities one might aver. The most destructive single legal fiction in the history of mankind. Fraudulently adopted, never justified by any written rationale.
yes Yes YES. This Iowa group is the template for what Progressives need to do all over the country.
But who would want to?;)
I think me like this group. Jobs and Seniors Street V. Wall Street. I hope they push the Tobin/Transaction tax to begin the taxation of the unamerican non-productive rich in this country.
I doubt that this is one of the “communities” Obama organized in his earlier days.
This Iowan is going to join CCI.
The only other organization of which I am a member? Firedoglake!
What’s interesting about this is that it’s the same thing conservatives point out about tax increases. You can’t generate enough income to close the deficit gap just by taxing the rich. The tax hikes will have to extend well into the middle class to generate sufficient revenue to make a difference.
Which is why conservatives tend to favor spending cuts instead.
oh hell yes !
fyi – it was New Bottom Line Activists who disrupted the ‘debate’ in the House on the Debt Ceiling travesty
New Bottom Line site
STD’s would be reason enough.
Boxturtle (And I do have standards, ya know)
What sex are corporations?
If two corporations merge, is that a gay marriage?
I suppose the rats were afraid that someday someone might wonder why hyper-rightwing corporations get to own and operate the machines that count our votes, so they made sure that corporate “persons” could buy elections with all that “free speech” they have, just in case.
Congress could fix this. It refuses to do so. What a messed up system.
Schultz is just as bad as the others. She gave a big speech about a Republican from another district in Florida. She said he was for the cuts in SS and was abandoning the senors. Then she turned around and voted for the debt deal.
and, ah, what happens when corporations have children? or is that too horrible to contemplate?
Iowa CCI is affiliated with National People’s Action
those good people who were occupying banks and protesting at the 50 AG’s Meet Up a few months back
My wife is from Iowa. I’ve been going there for 30 years. Iowa rocks MUCH more than the Bachmann/Palin supporters would have you think. Libraries & parks in the tiniest towns. Civic pride. Good educational system. Most Iowans are damn good people. I’m not surprised to hear about CCI. If I lived there, I’d join!
This groups sounds like the logical response to the corporate funded Tea Party, a real grassroots movement fighting for what Americans really want.
I would cheerfully pay more in taxes if I didn’t have to worry about a bridge rusting to pieces. Or worry that the kid outside my window was getting a proper education. Or worry that there would be a job available for that kid when he graduates.
Still, if your criteria is not to go too far down the income scale with a tax increase, there are solutions:
1) Implement a 1% tax on electronic fund transfers over $10k. No middle class impact at all. Raises somewhere around $100B yearly.
2) Implement a tax on Oil speculation.
3) Implement a LARGE tax on lobbying expenses, rather than the tax deduction that now exists.
4) Remove the Social Security income limit.
Not one of those hit’s under $100K of income, and all advance a legitimate government interest.
Boxturtle (Conservatives frequently have problems with basic math)
As long as they (CCI) are serious about going after Democrats too, then I have no issue with this. Otherwise, I’ll just see them as a surreptitious attempt by Democrats and elite liberals to funnel rank-and-file progressive dissent into the electoral system, instead of into the streets where it belongs.
My guess is that this is exactly what they are, but we’ll see. I doubt it’s a real grassroots group that’s going to do anything other than shout at Republicans. I suspect CCI is something that folks like Katrina vanden Heuvel, John Nichols, Michael Moore, and Richard Trumka will have no problem supporting — and, in fact, probably are supporting (at least one of them).
But perhaps they will prove me wrong. However, if I were starting a real, no-bullshit, grassroots group, my first target would not be a Republican. In fact, I would completely ignore the goddamn Republicans. But we’ll see.
I can tell you from personal experience you do not want to mess with a bunch of pissed off corn farmers.
Not to forget this one:
5) Taxing hedge fund earnings as *income* at the regular marginal tax rates, rather then at the 15% rate these mega-billionaires enjoy now.
I have no figures on that, but that would certainly bring a bunch of money into the US treasury. And guess what?? I think it might even mean that dreaded George Soros – so loved to be hated by conservatives – might actually have to pay a higher tax rate.
poor Mittens,out of gross tone deafness walked into that one
http://www.youtube.com/watch?v=wOIMXxytv2U&feature=player_embedded
It will be interesting to learn more about this group. I hope that they are truly grass roots and that we can make common cause with them.
I don’t mind them going after Republicans, too. After all, it’s good to get questions like that out there for everyone to hear/see.
Totally agree that this & other similar groups (if they exist) should grill so-called “Democrats” with similarly sharp questions and/or other kinds of political activism.
Ffrom the article:
“Anytime a candidate or the President comes to Iowa, we’re going to bird-dog them,” Goodner said. “We put principles above party. They’re all going to hear from us.”
————-
That is EXACTLY the attitude the ENTIRE country needs to adopt. To our legislaturds…I don’t care what party you belong to. YOU are gonna have to PROVE yourself to ME…EVERY DAY. You’re gonna EARN my vote or find another job.
In fact, I would completely ignore the goddamn Republicans.
I think this is correct — everybody already knows Republicans are corporate whores – they admit it themselves because they’re proud of it.
The problem is that too many people think that Democrats are somehow different from the Republicans in this respect, when in fact, they’re much too similar. The entire point of bullshit factories like MoveOn is to maintain the Democrat’s pretence of being an opposition party.
That was actually fun to watch.
From the Iowa CCI site:
Emphasis mine.
yea the good life
emailed ya,it came back,Verizon aacct. ill try again
Dropped Verizon year ago or so. Use gulfportfreepress at yahoo dot com.
A bit like the 1st Bush at the grocery store…One can really be too protected…
Bang !
aint it the truth ! National People’s Action has been slogging away since 1975.
if you add in what we witnessed in Wisconsin this week . . . it’s almost as if there’s a genuine force for positive change in the universe and it’s trying to tell us something
all of them are like that…they havent a clue…remember when Siddhartha went among his people to learn of suffering?
http://webspace.ship.edu/cgboer/siddhartha.html
will do
“1) Implement a 1% tax on electronic fund transfers over $10k. No middle class impact at all. Raises somewhere around $100B yearly.”
Where do you get the $100B number? Link please. That number assumes that there is over $10 TRILLION in EFTs ABOVE the $10k threshhold, just here in the US. That seems high…..
And that would apply when someone transfers their 401ks, wouldn’t it? So you’re going to take a 1% haircut on that, right? That hits the middle class where it hurts.
Right: the last such behavior I can recall was RFK in the south and then again when King was shot….That is all quite a while back…
David. You continue to amaze me with the breadth and depth of your reporting. I was wondering about that episode I am so pleased to see this story. It needs wide circulation and will get as much as this one person can do it. Thanks.
how could they possibly have a clue,in Fl.the extremely rich Bob Graham did it too,smart oligarch
Romneystein is deaf to their complaints. These people don’t pay him. His massive corporate machine does.
Kris: What are we gonna do about Perry? He’s OUR governor. I kinda feel responsible for launching him on the WHOLE country? BUt, OTOH, can he really get the nomination?
The Seven Mountains
This is Perry’s support group. I have to wonder if a hard core evangelical can get the Regressive nomination.
I can’t find the exact link (dammit), but the US GDP is about $14T and you figure in other countries that route funds to/from America I’m thinking the $10T EFT number per year is probably on the right order of magnitude.
My suggestion would apply to any EFT above $10K. But 401k don’t charge to move funds between accounts. At least mine doesn’t. And there are already fees associated with EFT’s that are covered in the maint charges.
Boxturtle (There are other things I wouldn’t want that tax to apply to, it was a very general suggestion)
LOL. That would be one ugly baby!!!!
You are talking about funds transfers. That means when you move assets from your 401k, heck, whenever you do anything with your 401k (even move funds into a new investment), you are going to pay a 1% tax. And if you sell one asset and buy another with the money, you’re paying 2%, right?
Most funds in a 401k don’t charge 1% to manaage the assets. So that is a HUGE tax on the middle class.
I think you are way over-estimating the revenue generated by this tax. It sounds like a great way to hit the rich, but I doubt the money is there, certainly not $100B a year.
On Twitter, @iowacci. Website: http://www.iowacci.org/
Obama knows how CCI feels, he just doesn’t care.
My sentiment exactly.
Why can’t we jail them or execute them?
Iowa CCI is a great group of people. I’ve attended some of their events in the past, and they put a lot of energy into speaking out for their principles. And, as has already been posted, they predate Obama by some 25 years.
Exactly. Why do they live forever? The list goes on and on. Absurd.
Here’s a page from their site that tells a small part of their story. http://www.iowacci.org/aboutcci/history.htm
Actually, the Supreme Court ruled in the Dartmouth decisions that corporations are NOT people and are NOT entitled to the same rights and privileges as human beings
A Supreme Court clerk was PAID OFF to modify the case summary and headnotes so as to hide the true holding.
Ironically, former Chief Justice Rhenquist acknowledged this fact.
I’m interested in this issue. Can you please be more specific in identifying the “Dartmouth decisions” you refer to?
I just emailed them to see if they could give me some info to help me in Missouri. I am so pissed off at our “Government” I could scream. Any help from members here would be appreciated. Missouri is a state that could help in this fight. Lots of rural communities and seniors. Thanks for any help or suggestions. We must stop this now before it’s too late. I for one refuse to give up.
Romney was so awkward as he responded to this, yet at the same time he had this elitist arogance.
What really struck me was his use of “my friend” and “my friends” over and over, when the tone of his voice indicated he really wanted to say, “You jerk.” It reminded me of McCain. Doesn’t McCain use “my friend” a lot?
If I had been there I’d have used my best South Park Canadian accent and said, “I’m not your friend, buddy!”
Romney’s point was that when you hurt corporations (by increasing their taxes, for instance), you are hurting real people. How is that? Let me count just a few ways:
1. Every cost a corporation incurs (like new taxes) flows down to the customer in the form of higher prices or lower quality. Companies are in business to make money, and when costs rise, prices rise accordingly.
2. To the extent that a company cannot pass on the full impact of new taxes to their customer, the increased costs often result in lower profits and a lower return to investors. Now, those investors are not ALL Warren Buffet and John Paulson. They are also anyone who holds the stock in those companies (for instance in their 401k mutual funds) and, more likely than not, the pension funds that hold those investments. What happens when your pension fund makes a lower return? The chance that you will get your full pension becomes less and less. And your 401k value drops.
3. To the extent that 1 and 2 above don’t make up for the increased expenses, you can expect to see less new hiring, and even more layoffs.
So maybe Mitt used the wrong metaphor. But he is spot on about hurting those big, bad corporations. We’re just shooting ourselves in the foot.
Wasn’t that Santa Clara County v. Southern Pacific Railroad?
As opposed to what they are doing now?
It can always get worse.
Boo-hoo. If their corporate business model, with all the huge advantages that come with that model, doesn’t work for them, let them re-structure as private entities. If they want to be “persons,” let them be taxed as “persons.” Every time a dollar passes from one “person” to another, it gets taxed as income. You’re just highlighting what a corrupt, bullshit scam “corporate personhood” is. It doesn’t make them “persons,” it makes them super-entities.
It always does get worse. Jobs are labor costs and labor costs are “expenses,” and they will always regard such as a negative. Always makes me laugh when I hear the argument that they “create jobs,” as though they were doing it for some altruistic motive. They do it as little as they can, because they regard labor as an expense. Period.
you totally missed my point, but i don’t have the energy to fight you on this. skip the metahporical use of “persons”. taxing corporations more just comes back to hit you and me more. period.
selah
Dartmouth College v. Woodward
Santa Clara County v. Southern Pacific Railroad
From Wiki. For primary source material see the references in the articles.
And i am sure that you work for the sheer altruistic enjoyment of your job. why, you would probably work for free if asked, right?
That was a great video! Romney *loves* him The Trickle Down. Bet he’s into Confidence Fairies big time.
Thanks, SD. I know Santa Clara by heart lol, but the Dartmouth is one I haven’t read.
There was a guy from the American Manufacturers Assn on the radio a week or two ago who said that labour is no longer the highest manufacturing cost. He said today it’s energy and the cost of capital.
Corporations are still not gonna bring jobs back to the US. Why pay workers minimum wage when China et al pay a buck or 2 a day. Profit over people every time all the time.
I agree there are complexities, can get very tiring, lol, but if they can’t compete on price, for whatever reason, then it just makes room for smaller, more efficient entrepreneurs to capture some of their business, doesn’t it? Efficiency is all in a proper capitalistic system.
No, I don’t work for free, but if I’m actively ass-raping you, I don’t tell you to be grateful because you needed a proctological exam, anyway.
Worker owned companies are the only way we’re going to create jobs. Single entrepreneurs will sell out to scumbags like Romney’s Bain Capital every time otherwise. Bain will then strip it and flip it to some corporation.
Taxes impact all companies. In fact, they impact smaller companies more than large ones. Look, you are raising a cost across the board and it will make OUR costs higher in the end.
Energy and capital costs may be higher now, I don’t have figures, but remember that we’ve had globalization going full steam for a long time, and that was all about getting cheaper labor. Expenses are expenses, they come right out of profits. So, they reduce them when and where they can. I’ve been a businessman, I don’t blame them for doing what is in their interest, I just hate the bullshit story they always try to sell, that they are somehow doing it to help the little people. Truth is, they’d gladly make sausage out of the little people if they could get away with selling it. Coming soon?
Your argument proves too much-taxes are how we pay our bills. It raises the true cost of how much I pay for a hamburger, too, just because I must pay with after-tax dollars. Get it?
YEAH! These were the people I noticed on the NBC local news I watched a couple days ago. Keep screaming! NO PARTY LOYALTY. Loyalty to the people, loyalty to the principle.
I don’t begrudge an enterpreneur who’s created a successful business the right to sell it at a profit. The real big problem is that our workers must compete against a world full of lower-wage workers. That’s a reality that no big business can avoid dealing with. But we should never have tried to sppeed up globalization by failing to insist on decent working conditions for the foreign workers that ours must compete against; that was just a blatant giveaway to the big corps. Worker-owned? That helps, for sure, but I think the key is that we need more businesses that can operate profitably within our own borders in one way or another-workers, suppliers, and consumers.
Dayum that was a joy to read . . . good on them Iowans! THanks Mr. Dayen for the story!
5) Tax all campaign contributions as income.
And if corporations are people then all acquisitions should be outlawed since purchasing another person is slavery.
Maybe taxing the rich isn’t enough to close the deficit gap, but it’s a start. And claiming that taking all the money from the wealthiest Americans won’t pay the entire deficit is a Republican talking point. They use it to deflect calls for tax increases.
The opposite of tax revenues is not spending cuts. And why should I, a senior citizen living on $11,000 a year, have to give up a lousy extra $20 bucks a month so that Boehner’s corporate friends can have a private jet?
Just wrong; completely so.
The retail cost of a product only has any bearing on the manufacturer’s cost at the margins. That’s why corporate profits are so high these days. Corporations charge whatever price the market will bear and if a crappy product can be marked up 1000% or more and still sell, it will be.
Knowingly or not, you are spouting pure capitalist fantasy with no relation to the real world.
PS: Consider Nike shoes, for example. What do they cost to make in overseas sweatshops and what do they sell for? I could go on in that vein for hours.
Horseshit!
Pure Republican/corporatist/capitalist/fantasy/propaganda! And based on absolutely nothing in the real world. Not even worthy of refutation. The rich are sucking up our national wealth because, since the time of Reagan, the tax burden has been entirely shifted to the lower classes and all the evidence indisputably proves that.
PS: It is really hard to believe that the old absurd lie that the richest 10% of the population – which controls 80% of the wealth – and the corporations – currently swimming in profits with trillions in cash reserves – can’t afford to pay enough taxes to fund the government they control, has been allowed to stand here with virtually no refutation.
It’s a lie.