2.13.2008

Obamulous

Barak Obama's interview with the Politico folks is well worth watching. Especially if you're a fan.



1 comment:

Andrew said...

I can’t express how pleased I am that we won’t have 4-8 years of the cackler and I do think Obama is a man of great integrity.

However I do think it’s unfortunate that his policy proposals aren’t getting more air time because if they did I doubt independents would be as drawn to him as they are.

Compare Obama’s (rather facistly named) Patriot Corporation Act http://www.thenation.com/blogs/notion?pid=219923

In the House, a "Patriot Corporation" would get tax breaks and preferences in federal contracting for employers who produce at least 90 percent of their goods and services in the US and with American workers. The companies must invest in research and development domestically, provide adequate health care and pensions and--surprise--comply with federal laws like workplace safety, environmental protection and consumer regulations.
The Senate's "Patriot Employers" version would give a 1 percent tax credit on taxable income for companies that maintain or increase their US employment in relation to their overseas workers. They must also keep their corporate headquarters in the US. The Senate bill adds a "living wage" requirement. Its initial co-sponsors are Sherrod Brown of Ohio and Dick Durbin and Barack Obama of Illinois. Obama's sponsorship, I would guess, may attract other celebrated names.

http://www.thenation.com/blogs/edcut?pid=283830
I've talked to Barack a lot about his Patriot Corporation Act, which is not trade per se, but it's certainly part of the economic package around globalization. The Patriot Corporation Act has not gotten the attention that I would hope it would. But, basically it says that if you play by the rules, if you pay decent wages, health benefits, pension; do your production here; don't resist unionization on neutral card check, then you will be designated a "Patriot Corporation" and you will get tax advantages and some [preference] on government contracts.

to FDR’s totalitarian NRA program
http://en.wikipedia.org/wiki/Blue_Eagle