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Courtesy of the Chicago Sun-Times, these are drawings of the proposed Fordham Spire, which would be the tallest building in the nation.
I hope it gets built.
Just stunning.
Lakshmi: So what is the "great American job scam"?
Greg LeRoy: It's an intentionally rigged system that enables companies to get huge tax breaks and other taxpayer subsidies by promising good jobs and higher tax revenues -- and then allowing them to fail to deliver and suffer no meaningful consequences.
And this is a system that costs the American tax payers $50 billion a year?
Right, that's the estimated total spending by states and cities.
One of the points you make in the book is that it is very hard to get this data, right? There is no disclosure, with these corporate deals being negotiated behind closed doors. So the very heart of your argument -- that corporations don't deliver on the increased tax revenues, increased jobs, etc that they promise in return for these tax breaks -- is obscured by this lack of disclosure.
People who develop these estimates at the state level are dealing with broad aggregate numbers. It would tell you nothing about any specific company, whether it did or did not create jobs, did or did not generate tax revenue. In most states, we are completely in the dark.
Having said that, 12 states now have some form of annual company-specific disclosure. We're very excited because just recently Illinois, just began reporting data. There are four states now that disclose some of their data on the web and we think Illinois is the best.
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That website is here, by the way. It's nice to be the best, right?
Another piece of good news is a biodiesel bill that Representative Feigenholtz and Senator Cullerton worked on that requires almost all local governments in the state to start using a blend of 98% oil diesel fuel and 2% biodiesel fuel has been signed into law by Governor Blagojevich. The bill is HB 112.
A site called Grain Net has a story here.
One complaint: neither Chicago sponsor was mentioned in the story. And my friend Jay who works for both of those legislators put in a ton of work on this legislation, and *he* certainly isn't credited either.
The bill is here. Check out how we started -- we asked for 50% biodiesel at first and funded by a 0.1 cent increase in the gasoline tax. Those two items were shot down rather quickly. But it is good policy to tax gasoline far more than we do. It's in Illinois' economic interest to tax our imports (like gasoline) to make the products we export (like biodiesel) more attractive.
This bill was a unanimous bill, to be fair. I wonder if raising the gasoline tax would get support if the money went to smart Illinois investments like biodiesel.
Obama also angered some liberals for supporting Condoleezza Rice's nomination for secretary of state and refusing to join a group of Democrats who protested the certification of the Electoral College votes from Ohio, alleging numerous irregularities.
"There's a lot of freight placed on symbolic gestures," Obama says. "I don't think that plays well with the American people. ... Despite the fact that I come from what would be considered the progressive wing of the Democratic Party, I don't always agree with the strategy and tactics of some of my friends on the left."
Even so, the phone keeps ringing. He has helped raised money for U.S. senators in Florida, Michigan and New Jersey this year, collecting chits along the way.
Obama says his party needs to do a better job of getting its message out to voters.
"I do agree that the Democrats have been intellectually lazy in failing to take the core ideals of the Democratic Party and adapting them to circumstances," he says.
He says the Democrats should "take it big instead of making it small" as they speak about globalization, the need for a tough foreign policy and the importance of faith and family.
"It's not just a matter of sticking in a quote from the Bible into a stock speech," he says.
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If our party is going to both compete in the short term and build for the long term, we're going to have to do things differently.
The Republicans raise more than $10 million a month in huge checks from special interests and lobbyists. They have created a money-for-influence machine unlike anything our country has ever seen.
A million of us contributing $20 a month can double their total. To do that, every single one of us will have to take ownership of this party. And that's exactly the point -- by making your 'Democracy Bond' commitment, and encouraging people you know to do the same, you can shift the balance of power in our political process.
The 'Democracy Bond' is a core commitment to our party and our values that every Democrat should embrace. We will only create lasting change if that sense of obligation and responsibility becomes a permanent part of our lives.
The other side has its game plan to win. They will divide America by race, religion, class, sexual orientation and any other way they can if it means a political advantage -- they will even exploit the sacred memory of September 11th. They will shamelessly appeal to the worst in us -- exploiting our fears and scapegoating the most vulnerable. And while they stoke resentment among the people, special interests and ideologues will bankroll their party and set the agenda.
The way to beat them is simple. We will unite and empower people everywhere. By doing so we will ensure that the Democratic Party is beholden to no one but the people -- and that when we govern, the concerns of ordinary Americans are our priority.
By guest blogger Paul Froehlich, State Representative, 56th District
Suppose President Bush nominates someone who is no further to the Right than, say, Ruth Bader Ginsburg is to the Left? Will Democratic senators be as cooperative with Bush’s nominee as Republicans were with Clinton’s?
The vast majority of Republicans voted to confirm Ginsburg in 1993 (the vote was 96-3). My prediction is that Democrats won’t give this President nearly as much slack on Supreme Court nominees as Republicans accorded Clinton. Moreover, I suspect many readers of Dan’s blog hope Democrats will not give Bush the same consideration that Clinton received. Readers may even want a partisan filibuster to stop any conservative, even if she is no more out of the “mainstream” than Ginsburg.
Obviously, the rules have changed since the Clinton years. Just as a change in the filibuster would come back to haunt Republicans some day, so this change in advise and consent of Supreme Court justices will some day affect a Democratic president.
On a legislative note, Rep. John Millner was appointed on July 1 to be Senator Millner, 28th District, filling a vacancy created when Kay Wojcik resigned. As Schaumburg Township Committeeman, I cast 36% of the weighted vote, and I cast it for Millner. I have only 2% of the weighted vote in Sen. Sullivan’s district. The leading contender for appointment to Millner’s vacant House seat is Randy Ramey, Pate’s stepson.