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Secret Video: Romney Tells Millionaire Donors What He REALLY Thinks of Obama voters (MoJo)
David Corn reveals video of Romney dismissing 47 percent of the country as moochers addicted to entitlements like, uh, food. Since the poor have it so good, he really made the ultimate sacrifice for his country by becoming a multi-millionaire.
Romney’s theory of the “taker class,” and why it matters (WaPo)
Ezra Klein writes that Romney’s remarks fit the GOP playbook of slashing holes in the tax code, blaming the poor for the negative results, cutting their aid as punishment, and awarding the rich another tax cut to compensate them for emotional distress.
Predistribution: A Big, New Idea (The Nation)
Katrina vanden Heuvel highlights a term embraced by British Labor leader Ed Milliband to reflect the idea that we need to improve the rules of the game instead of letting the rich walk away with the jackpot and then begging them to share their spoils.
Thank You, Paul Ryan (HuffPo)
Robert Kuttner notes that injecting Ryan and his radical views on entitlements into the election has forced Democrats to campaign like they actually believe in those things, but they may still give away the store if possessed by the Spirit of Compromise.
Paul Ryan’s Myth of Volunteerism (The Nation)
Ben Adler points out that while Ryan praises Romney for leading a search and rescue for a missing girl, the rest of us tend to rely on actual police officers to do that and would prefer not to slash their budget until they can’t even afford the flashlights.
Killing Dodd-Frank Softly (Prospect)
Patrick Caldwell notes that the financial industry and its allies, having failed to prevent Dodd-Frank from passing, are tying it up with procedural delays and lawsuits until they figure out a way to undermine it and/or we all get bored and forget it existed.
Underwater mortgages drop by 1.3 million. How much could that boost the economy? (WaPo)
Brad Plumer looks at the good news and bad news on housing: The good news is that 1.3 million homeowners reached positive equity this year. The bad news is that there are still enough underwater homes left to go to form the lost city of Atlantis.
In Prosecutors, Debt Collectors Find a Partner (NYT)
Jessica Silver-Greenberg reports that local district attorneys are loaning their letterheads to debt collectors in exchange for pocketing some of the fees. Maybe they can also give out stationary to constituents and crowdsource their resignation letters.
Teachers’ strike: Chicago’s just the beginning (Salon)
Josh Eidelson argues that the Chicago teachers’ demands for things like smaller class sizes have shifted the terms of the debate by demonstrating that unions are fighting not for cushier jobs but for jobs that a sane human being could actually do.
Patriarchal Norms Still Shape Family Care (NYT)
Nancy Folbre writes that watching Ann Romney and Michelle Obama campaign to be America’s Mom is just one reflection of how, despite achieving equal opportunity in the workplace, women are still expected to take on an extra pro bono job at home.