Print Magazine

November 5, 2012 Issue

Cover art by: Cover design by Milton Glaser Incorporated

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Editorial

The NYPD Caught on Tape

While Mayor Bloomberg and Ray Kelly defend stop-and-frisk, a damning video is fueling the fight for police accountability in New York City.

The Editors

Walmart Workers Walk Out

In the latest action against the union-busting low-wage retailer, labor organizers may have finally found a strategy that works.

Liza Featherstone

Noted

Bill Baker and Evan Leatherwood on Romney's assault on PBS; Christie Thompson on juveniles in solitary confinement

Various Contributors

The Election Protection Coalition Gears Up for Battle

It will be resisting not only voter-suppression laws in key swing states but also harassment from the Tea Party group True the Vote.

Ari Berman

Why Should the Left Support Obama?

I wish, just once, an endorsement of a Democratic presidential candidate would mull over some serious structural issues that are at stake.

Doug Henwood

Column

A Simple Guide to Every Single Republican Tax Proposal

Calvin Trillin

All the (Political) World’s a Stage

After the first presidential debate, the media follow-up focused almost exclusively on its theatrics and the implications for the “horse race.”

Eric Alterman

What Difference Would Obama’s Re-Election Make to Black Americans?

The impact of an Obama presidency is better answered by partisanship than race—but race still matters.

Melissa Harris-Perry

Letters

The Corporate Court, the Chicago teachers’ strike, No Child Left Behind…

Our Readers

Feature

Mitt Romney’s Bailout Bonanza

How Mitt and Ann made millions—and Mitt’s hedge fund donors made billions—from the auto-industry rescue that he condemned.

Greg Palast

The auto bailout bill, proposed by President George W. Bush, passed in December 2008 with only thirty-two Republican votes. Among their number, to the surprise and consternation of the Tea Partiers among his supporters, was Wisconsin Representative Paul Ryan. But Ryan’s vote likely came as no surprise to the hedge funders who benefited from it the most—particularly Paul Singer, with whom Ryan has enjoyed a long and cozy relationship. Singer and his firm, Elliott Management, are the No. 1 funders of Paul Ryan’s Prosperity PAC. Indeed, it was Singer, reports The Wall Street Journal, who helped push Ryan onto the national ticket as the vice presidential nominee—but only after Ryan turned down Singer’s suggestion that he run for president himself. Ryan had already shocked his supporters by voting for the Troubled Asset Relief Program, whose funds were used to boost the auto bailout and enrich Singer’s Elliott Management. In addition to pouring $2.8 billion into Delphi, TARP sent $12 billion to Ally Financial, formerly the GM finance unit GMAC. One of the biggest holders of Ally is Paul Singer’s fund.GP Read More

Greg Palast

Election 2012 and the Missing Millennials

Young voters gave Obama a decisive win in 2008. Four years later, the love affair is on the rocks.

Zoë Carpenter

Hershey’s Charity for Children Became GOP Slush Fund

A new attorney general in Pennsylvania could launch a real investigation into the diversion of charitable resources to luxury golf and Republican politics.

F. Frederic Fouad