/PRNewswire/ -- On the heels of a state investigation into how hundreds of students were improperly granted admission to the University of Illinois because of high-level political and financial connections, the public policy group America's Survival, Inc. (ASI) will hold a news conference on Thursday in Washington, D.C. to examine how Barack Obama associate Bill Ayers became a "Distinguished Professor" at the same university.
Ayers had been a leader of the Weather Underground organization and worked with Obama on educational issues.
"The evidence so far points to his rich father, Thomas Ayers, who sat on the board of the Tribune Company, which publishes the Chicago Tribune, as providing the 'clout' to get his son ensconced at the University of Illinois," said ASI President Cliff Kincaid, a veteran journalist who serves as editor of Accuracy in Media. "There is no other reasonable explanation for how Ayers got this job. Thomas Ayers may also have played a role in getting Ayers' wife Bernardine Dohrn a teaching job at Northwestern University in the Chicago area. Thomas Ayers had been the chairman of the board of trustees at Northwestern."
In a report to be released at the "Communism in the Classroom" conference, Professor Mary Grabar explains that "Bill Ayers' rehabilitation from fugitive to 'Distinguished Professor' of Education earning a $126,000 salary at a public Chicago university remains something of a mystery." However, considering his lack of credentials for the post and his flaunting of academic standards, she asks, "Was Ayers' appointment part of the 'Chicago Way?'"
Another speaker, noted author and Professor Paul Kengor, will speak on "Anti-Anti-Communism in the Academy."
Copies of syllabi from Ayers' courses, obtained under the state Freedom of Information Act, will be released for the first time, and several reports on the activities of Ayers' and his comrades in academia will be provided as well. One report will examine a controversial trip made by Ayers and Dohrn to Hugo Chavez's Venezuela.
The event will be held on August 20 at 12:30 p.m. in the First Amendment Lounge of the National Press Club (13th floor, 529 14th St., NW) in Washington, D.C.
The conference is free of charge and open to the press and the public. But reservations are requested at 443-964-8208 or Kincaid@comcast.net.
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Political News You Can Use
Showing posts with label economic report. Show all posts
Showing posts with label economic report. Show all posts
Wednesday, August 19, 2009
Monday, June 8, 2009
'Tax Deferral' Change Would Cause U.S. Job and Investment Loss, New Economic Report Projects
/PRNewswire / -- A repeal of the rules governing the way the United States taxes the foreign earnings of U.S. companies could have dramatically adverse effects on U.S. jobs and investment and leave U.S. companies less competitive in global markets, according to a new economic report released today.
The report, authored by Robert J. Shapiro, a former Clinton Administration economic official, and Aparna Mathur, a Research Fellow at the American Enterprise Institute, found that as many as 2.2 million American jobs could be affected by a repeal, or effective repeal, of "tax deferral."
The report, commissioned by the Technology CEO Council, also found that:
-- Besides affecting jobs, investments in the United States in plant,
equipment and property could fall by as much as $84.2 billion.
-- Repealing or sharply limiting deferral would not generate large tax
revenues, since substantial job losses, wage cuts and lower
investments would reduce tax revenues.
Congress is now considering legislation that would sharply limit the "deferral" rules that protect U.S. businesses from bearing much higher tax burdens on their earnings abroad than their foreign competitors in the same markets.
The key to these results is evidence showing that in modern global companies, new investment and job creation in foreign subsidiaries are closely linked to new investment and job creation by the parent companies in the United States. These close linkages mean that while reducing or repealing deferral may be tempting politically, it would produce significant, negative economic consequences. The policy goal of changing deferral is ostensibly to make the United States a more desirable place for investment and job creation, but these changes would have the opposite effect of reducing domestic investment and jobs.
"The current proposal to substantially restrict 'deferral' would end up reducing American jobs and investment and could impair our economic recovery," said Dr. Shapiro, who has advised U.S. President Bill Clinton and British Prime Ministers Tony Blair and Gordon Brown as well as other leaders and private companies.
"The Obama Administration deserves credit for many initiatives to promote investment and innovation," said Bruce Mehlman, Executive Director of the TCC, a group made up of high-tech CEOs focused on policies that strengthen American competitiveness. "But we cannot expect to lead the world in high tech by marrying the world's best innovation infrastructure with the world's most confiscatory corporate tax structure."
The report concludes that the Administration and the Congress should conduct a serious review of the tax code and identify broad reforms that take account of the actual dynamics of the global economy and the need to support the integrated operations and international competitiveness of American companies.
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www.politicalpotluck.com
Political News You Can Use
The report, authored by Robert J. Shapiro, a former Clinton Administration economic official, and Aparna Mathur, a Research Fellow at the American Enterprise Institute, found that as many as 2.2 million American jobs could be affected by a repeal, or effective repeal, of "tax deferral."
The report, commissioned by the Technology CEO Council, also found that:
-- Besides affecting jobs, investments in the United States in plant,
equipment and property could fall by as much as $84.2 billion.
-- Repealing or sharply limiting deferral would not generate large tax
revenues, since substantial job losses, wage cuts and lower
investments would reduce tax revenues.
Congress is now considering legislation that would sharply limit the "deferral" rules that protect U.S. businesses from bearing much higher tax burdens on their earnings abroad than their foreign competitors in the same markets.
The key to these results is evidence showing that in modern global companies, new investment and job creation in foreign subsidiaries are closely linked to new investment and job creation by the parent companies in the United States. These close linkages mean that while reducing or repealing deferral may be tempting politically, it would produce significant, negative economic consequences. The policy goal of changing deferral is ostensibly to make the United States a more desirable place for investment and job creation, but these changes would have the opposite effect of reducing domestic investment and jobs.
"The current proposal to substantially restrict 'deferral' would end up reducing American jobs and investment and could impair our economic recovery," said Dr. Shapiro, who has advised U.S. President Bill Clinton and British Prime Ministers Tony Blair and Gordon Brown as well as other leaders and private companies.
"The Obama Administration deserves credit for many initiatives to promote investment and innovation," said Bruce Mehlman, Executive Director of the TCC, a group made up of high-tech CEOs focused on policies that strengthen American competitiveness. "But we cannot expect to lead the world in high tech by marrying the world's best innovation infrastructure with the world's most confiscatory corporate tax structure."
The report concludes that the Administration and the Congress should conduct a serious review of the tax code and identify broad reforms that take account of the actual dynamics of the global economy and the need to support the integrated operations and international competitiveness of American companies.
-----
www.politicalpotluck.com
Political News You Can Use
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