Cain not deterred by sexual misconduct scandal as one of the accusers stands by her original complaint

November 6, 2011

“One of the women who accused Republican presidential contender Herman Cain of sexual harassment released a statement through her lawyer Friday saying that she “stands by” her complaint, which was made “in good faith about a series of inappropriate behaviors and unwanted advances.”

There was “more than one incident” of harassment involving Cain and his client over the span of a couple of months in 1999, attorney Joel Bennett said.

Bennett said his client, married for 26 years, will not reveal her identity because “she and her husband see no value in revisiting this matter now nor in discussing the matter any further publicly or privately.”

Cain spokesman J.D. Gordon said in response to Bennett’s statement that the Cain campaign looks “forward to focusing our attention on the real issues impacting this country — like fixing this broken economy and putting Americans back to work.”

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Biden defends Romney against attacks over Mormon faith

November 6, 2011

“Vice President Biden denounced questions about Romney’s religion, saying it is wrong and unfair to suggest the former Massachusetts governor shouldn’t be president because he is a Mormon.

“I think it is outrageous,” Biden said during remarks at the University of Pittsburgh, repeating, “I think it is outrageous.”

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Herman Cain continues climbing in the polls despite sexual misconduct allegations

November 6, 2011

“While revelations of sexual harassment allegations dating from the 1990s have kept Herman Cain’s campaign on the ropes all week, two new polls show they have failed to slow down his momentum in the GOP presidential race.

In surveys taken after Politico first reported the allegations Sunday night, Cain is running neck-and-neck with former Massachusetts Gov. Mitt Romney in a Washington Post-ABC News poll and he’s leading the pack in South Carolina in a Rasmussen Reports poll.

In the Washington Post survey of Republican and GOP-leaning independent voters, Cain received 23 percent support compared with 24 percent for Romney. It was Cain’s best showing in that poll, jumping 6 percentage points from the previous one last month. The latest poll, conducted from Monday to Thursday, has a margin of error of 5.5 percent.

In the Rasmussen Reports polls, Cain had a comfortable lead with 33 percent support from South Carolina’s likely Republican voters and Romney drawing 23 percent.”

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Senate Democrats remove Millionaire Tax from Jobs Bill and instead plan to keep current fees V.A. Home Loans in place

November 6, 2011

“Senate Democrats plan to make veterans the focus of their next jobs bill, providing tax incentives for businesses to hire former members of the military and instructing the Labor Department to find ways to ease their transition to the civilian workplace.

But perhaps most striking is Democrats’ decision to jettison a popular method of paying for pieces of President Obama’s $447 billion jobs bill, which failed in a bipartisan vote in the Senate. The majority is not looking to tax Americans who make more than $1 million to offset the veterans’ jobs provision; rather, they will keep in place current fees for V.A. home loans.

The abandonment of the millionaire surtax is a victory for Republicans, who have, heretofore opposed such a measure, and it also signals a significant compromise by Democrats toward improving the nation’s persistently poor jobless rate. While polls showed the surtax to be popular with a majority of Americans, Republicans have stood uniformly against it, thereby blocking any possible jobs measure.”

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White House rejects the subpoena request by the House Energy and Commerce Committee for document related to Solyndra

November 5, 2011

President Obama’s attorney sent a letter to Congressional investigators on Friday, saying the White House would not cooperate with a subpoena requesting documents related to its doling out a $535 million loan guarantee to now bankrupt solar panel manufacturer Solyndra.

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CBS 60 Minutes Reporter Steve Kroft stuns Speaker Boehner, former Speaker Pelosi with questions on their personal investments

November 4, 2011

Q: Madam Leader, I wanted to ask you why you and your husband back in March of 2008 accepted and participated in a very large IPO deal from Visa at a time there was major legislation affecting the credit card companies making its way through the House. Did you consider that to be a conflict of interest?

Leader Pelosi. I don’t know what your point is of your question. Is there some point that you want to make with that?

Q: Well, I guess what I am asking is do you think it is all right for a Speaker to accept a very preferential, favorable stock deal?

Leader Pelosi. Well, we didn’t.

Q: At a time when there is major legislation affecting that company in the House?

Leader Pelosi. Well, first of all let me say this. What we are talking about is an industry. What we are talking about is a Congress that passed more protections for credit card holders. The [Credit Cardholder’s Bill of Rights] bill, you know Carolyn Maloney has been our champion on, to the point where the industry spent $3 million to try to defeat her last time.

So the issue that you are talking about, first of all, what you are contending is not true. But second of all, we are very proud of our record of what happened.

Now, what Congressman or Senator Durbin was able to do in the Senate is quite remarkable, and when he was able to achieve that, then it was on this same issue, it was included by our Chairman Barney Frank in the bill.

Q: Mr. Boehner, do you believe that members of Congress, particularly members of the leadership should be allowed to trade in stocks at a time when the companies they’re trading have major interests before the body?

Boehner: I think there are plenty of rules of the House and certainly rules from the SEC that members should follow and I believe do follow.

Q: You made a number of trades going back to the health care debate; you bought some insurance stock right before you declared the public option dead. Did you make those trades based on non-public information?

Boehner: I have not made any decisions on day-to-day trading activities in my account and haven’t for years – I do not do it, haven’t done it and would not do it.

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One Accuser’s Lawyer: Cain did not sign our September 1999 settlement, meaning he may not have known about it

November 4, 2011

“The settlement agreement between the National Restaurant Association and a woman who accused Herman Cain of sexual harassment was reached in September 1999–and was not signed by Cain himself, according to Joel Bennett, a lawyer for the woman.

Bennett, who has a copy of the settlement agreement, said four people signed it: the woman, two lawyers representing the association and Bennett himself.

Bennett said the agreement was resolved relatively quickly, about two or three months after she complained.

That means it may have been reached after Cain left the association, and Bennett said it’s conceivable that Cain didn’t even know about it.

Bennett also told CBS News Friday morning he is hoping to issue a public statement reaffirming the accuser’s claim within hours, if the restaurant group agrees to ease the confidentiality agreement that was part of the deal.”

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Iowa Poll: Two-thirds of likely Republican voters earning less than $50,000 a year believe they would be better off under Cain’s 9-9-9 plan

November 4, 2011

“Two-thirds of likely Iowa Republican caucusgoers earning less than $50,000 a year believe they personally would be better off or in the same situation under Herman Cain’s 9-9-9 tax plan, The Des Moines Register’s new Iowa Poll shows. Research-group reviews of the plan have found that most families making $100,000 or less would pay thousands of dollars more each year.

“The larger point is that people don’t really understand what the 9-9-9 plan actually is, and they’re assuming incorrectly that they may not pay one or any of these taxes,” said Joe Rosenberg, a research associate for the Tax Policy Center, a group based in Washington, D.C., that bills itself as a nonpartisan economic research institute.

Cain’s plan would eliminate the current individual income tax, corporate income tax and payroll tax and replace them with a new 9 percent national sales tax, a 9 percent business tax and a 9 percent income tax. Estate and gift taxes would be eliminated.

The Tax Policy Center estimates that the three taxes combined would be the equivalent of a 25.38 percent national sales tax. Because lower-income families spend a larger percentage of their income on tangible goods, they would be affected disproportionately.

The bottom line: A family with an income level of $40,000 to $50,000 would pay $3,407 more a year in taxes, while families making $500,000 to $1 million a year would pay on average $80,315 less, according to the Tax Policy Center.

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Boehner’s very small concession: House Republicans will accept additional revenues in deficit-cutting deal so long as it coincides with ‘significant’ reforms to welfare programs

November 4, 2011

“The top Republican in the U.S. Congress, John Boehner, on Thursday said some additional revenue could be part of a deficit deal being negotiated by lawmakers, as long as it also includes significant reforms to benefits programs.

But the remarks by House of Representatives Speaker Boehner did not break the impasse over taxes as a congressional “super committee” struggles to reach a consensus on how to cut at least $1.2 trillion from deficits over 10 years.

An aide said Boehner was talking about non-tax revenues such as selling government land and other assets, increasing co-payments for healthcare and raising park admission fees.

Boehner repeated opposition to raising income tax rates, saying it would hurt economic growth.”

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Obama Administration has fails to meet 18 of the new health care law’s 30 deadlines

November 3, 2011

“The Obama administration has failed to meet more than half of the new health care law’s deadlines, from submitting plans for new, value-based Medicare purchasing programs to publishing criteria for determining the medically underserved.

A report requested by Sen. Tom Coburn, Oklahoma Republican, indicates that the Department of Health and Human Services and other federal agencies missed 18 of 30 deadlines since the Affordable Care Act was passed in March 2010.”

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The National Restaurant Association has received a request to allow one of Cain’s accusers to release a public statement detailing her version of events and will respond to this request Friday

November 3, 2011

“The National Restaurant Assn., the trade group at the center of the Herman Cain sexual harassment furor, said it has received a request to allow one of Cain’s accusers to release a public statement detailing her version of events and will respond Friday.

The group was contacted by Joel Bennett, a Washington lawyer who helped negotiate a settlement with the association on behalf of one of two women who complained about Cain’s conduct while he was its president and chief executive. Bennett has been seeking to lift a restriction in the deal that bars his client from talking.

“Our outside counsel was contacted by Mr. Bennett today and was asked to provide a response to a proposed statement by tomorrow afternoon. We are currently reviewing the document, and we plan to respond tomorrow,” said Sue Hensley, a spokeswoman for the association. Bennett said his client is reluctant to speak publicly about events that occurred while she worked for Cain in the late 1990s, so he has asked the association to instead approve a statement by her for public release.”

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Former Chairman of the National Restaurant Association calls the Cain misconduct allegations “a hatchet job”

November 3, 2011

“In an interview with The Daily Caller, former National Restaurant Association board chairman Joseph Fassler offered a firm defense of GOP presidential front-runner Herman Cain, along with an explanation for how Washington’s best kept secret — the identities of Cain’s sexual-harassment accusers — was also kept from the association’s board.

“The accusations? It’s a hatchet job, in my opinion,” Fassler told TheDC from his Phoenix, Ariz. office. “My gut tells me it’s a hatchet job. He gets a lead, he gets some traction, and the next thing you know, here come these allegations. It’s sad.”

Fassler said his four years in leadership positions on the association’s board — including one year as chairman and another as past chairman — overlapped with two and one-half years of Cain’s time as CEO. Fassler was first elected to the board in 1984, and was chairman in 1997.”

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Obama to the House Speaker on ‘wasting time’: “What have you guys been debating, John [Boehner]? A commemorative coin for baseball? You have legislation reaffirming that ‘In God We Trust’ is our motto.”

November 3, 2011

“President Obama on Wednesday attacked House Republicans for failing to pass jobs growth measures and instead voting on commemorative coins and a resolution reaffirming “In God We Trust” as the national motto.

“What have you guys been debating, John?” Obama said, referring to House Speaker John Boehner (R-Ohio). “A commemorative coin for baseball? You have legislation, uh … reaffirming that ‘In God We Trust’ is our motto,” said the president.

Obama’s attacks were not reserved for House Republicans, saying that Senate Minority Leader Mitch McConnell (R-Ky.) supports infrastructure improvement.

“ ‘Roads and bridges are not partisan in Washington’, that’s a quote from him,” Obama said.”

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Bachmann: The United States becoming a ‘banana republic’ because of ‘crony capitalism’

November 3, 2011

“Republican presidential candidate Michele Bachmann says too many politicians are willing to do the bidding of big corporations, resulting in what she calls a “Bernie Madoff-style of government”.

“Some who are currently a part of Occupy Wall Street believe that the problem that we’re facing today is capitalism and that the problem today are free markets. It’s not,” Bachmann said over the noon hour during a speech in Ames, at Iowa State University. “The problem is government doing what both the constitution and decent morality prohibit and that is crony capitalism or forcefully taking your money away from you for the purpose of paying off a politician’s political friends.”

Bachmann opposed the Wall Street bail-out and criticizes both Democrats and her fellow Republicans like former President George Bush, for pushing it through in the fall of 2008. “The problem is one set of standards that government has for individual Americans and another separate set of standards for those who make political donations to candidates,” Bachmann said. “That’s wrong and that has to stop.”

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Cain Campaign: We are considering a lawsuit against Politico over it’s sexual misconduct story

November 3, 2011

“A Herman Cain aide said Thursday that the Cain campaign is considering its legal options over the original Politico story, which revealed that the former head of the National Restaurant Association was accused of sexually harassing at least two women during his tenure in the 1990s.

“This is likely not over with Politico from a legal perspective,” a campaign official told the Post, stopping short of explaining what exactly he meant by taking legal action against the publication. The Cain campaign has had an attorney advising it since Saturday on crisis management, which hasn’t gone particularly well for Cain since the story broke Sunday night.

On Thursday night, Politico reported more details of the allegations against Cain, saying that the former NRA head made a “sexual overture to [one of the women] at one of the group’s events.” Politico cited “multiple sources independently familiar with the matter” and said the woman in question was “livid” and reported the incident that night to an NRA board member. She left the trade group soon afterwards, the publication reported.”

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