Wednesday, July 11, 2012

  • Where the Money Lives: Vanity Fair Report Reveals Loopholes, Offshore Havens Behind Romney’s Fortune

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    Republican presidential hopeful Mitt Romney is on the hot seat over where he stashes his vast personal fortune, estimated at up to $250 million. We speak with reporter Nick Shaxson, whose new Vanity Fair article, "Where the Money Lives," delves into the murky world of offshore finance and reveals loopholes that allowed Romney to skirt tax laws and store millions in foreign tax havens. The article has sparked the latest round of questions about Romney’s taxes and offshore accounts, amplified by Romney’s refusal so far to release more than one year’s worth of tax returns. [includes rush transcript]

  • Corporate Exodus Continues From ALEC as Secretive Right-Wing Group’s Policies Come to Light

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    Five more corporations have severed ties with the secretive, right-wing American Legislative Exchange Council, known as ALEC. The group has come under increasing scrutiny in recent months as the public has become aware of its role in advancing the "Stand Your Ground" gun law initially cited to protect Trayvon Martin’s killer in Florida. The organization has pushed voter suppression bills, union-busting policies and other controversial legislation. The future of ALEC is now more precarious than ever before. A grand total of 25 corporations have dropped ALEC membership, as well as four major nonprofit organizations and 55 elected officials. We’re joined by Lisa Graves, executive director of the Center for Media and Democracy, which created ALEC Exposed, a website showcasing more than 800 of the group’s model bills. [includes rush transcript]

  • Are Israeli Settlements Legal? Electronic Intifada’s Ali Abunimah vs. Commentary’s Jonathan Tobin

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    An Israeli government committee has affirmed the country’s self-proclaimed right to build settlements throughout the occupied West Bank and recommended the legalization of dozens of settler outposts that have not received government authorization. The International Court of Justice has already ruled that all of Israel’s West Bank settlements are illegal, but Israel has said it would only consider dismantling scattered outposts that it has not officially approved. The settlers have used the outposts to seize even more Palestinian land than has already been taken. We host a debate between Jonathan Tobin, senior online editor of Commentary magazine, and Ali Abunimah, co-founder of The Electronic Intifada. [includes rush transcript]

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