Morning Bunker Report: TGIF 5.4.2012

—————————–—WHAT THE REPUBLICAN PARTY STANDS FOR TODAY

PAUL KRUGMAN fired back at Rep. Paul Ryan (R-WI) after the influential Republican laughed off the New York Times columnist’s criticisms by saying, “I’ve always figured I’ve got three certainties in my life: Death, taxes and attacks from Paul Krugman.” In an exclusive interview following the release of his new book End This Depression Now!, Krugman told TPM, “That’s not a substantive remark. I’ve never attacked him just for nothing in particular. I’ve gone after his arithmetic and said it doesn’t add up at all. And he has never offered a response to that. All he does is make scary noises about the deficit, with mood music, with organ music in the background about how ominous it is, and then propose a plan that would in fact increase the deficit.” “So if he wants to joke about it, that’s fine, that’s his right. But he has not actually offered any response at all to my criticisms,” added Krugman, a relentless critic of both Ryan and the journalists who lionize him as a deficit hawk. – TPM

MITT ROMNEY’S pro-America “Made in China” flag pins — Mitt told a story about the “We Stand United” American flag pins he commissioned for the [2002 Salt Lake City Olympic Games], which took place just months after the terror attacks on 9/11. Romney touted his creation of the pins as a means to explain how he hopes to bring Americans together. [...] Complicating Romney’s patriotic message is the fact that the pins were made in China, according to a website run by the Utah state government’s culture department… [...] Meanwhile, Lynn Sweet at the Chicago Sun-Times notes that a conference call hosted by the Republican National Committee (RNC) yesterday attacking President Obama for “high unemployment” was hosted by a firm in The Philippines (apparently a subcontractor of Verizon, whom the RNC used). – Mitt Romney Commissioned Pro-America Pins, Made In China

(VIDEO) RICK SANTORUM’S own words on Mitt Romney: “’If Mitt Romney’s an economic heavyweight, we’re in trouble.’ Senator Santorum, We Couldn’t Agree More,” the DNC says in a new video:


NEWT GINGRICH made sure to single out his chief benefactor during his concession speech Wednesday, Sheldon and Miriam Adelson: Yes, we’re through the looking glass here. The Adelsons spent $25 million on Gingrich’s campaign, and so I suppose a “thank you” is in order. But that’s the problem. Imagine the “thank you” if Gingrich had won the nomination and then was elected president. — Bob Cesca

THE RON PAUL insurrection in Tampa – The McCain camp was forced to fight off an insurrection on the 2008 convention floor from delegates supporting Ron Paul in what was at the time a very underreported story. It looks like the Paulites are burrowing themselves in deeply this time around, too, controlling more delegates than he “deserves” by taking advantage of the byzantine delegate-nominating process. — TPM

MITT AND MRS. MITT meet the wingnuts, allow their rings to be kissed: The attendees came from numerous conservative sites and right-of-center publications, including National Review, Daily Caller, American Spectator,Washington Examiner, Human Events, RedState, Right Wing News, Powerline, Townhall, Ace of Spades, RiehlWorldView, White House Dossier and PJ Media. RNC chairman Reince Preibus also attended. — HuffPo

PRESIDENT OBAMA / DEMOCRATS————————————————————

SWIFTBOATING OBAMA  Can Obama be swift boated? That’s the idea behind this attack ad from Veterans for a Strong America, which slams the president for taking too much credit for Osama bin Laden’s death. The group’s founder tells Mother Jones’ Adam Weinstein that he’s recruiting Navy SEALs to openly criticize Obama: “We’re gonna be rolling some of those folks out soon.” Want to know who’s funding the group? Sorry, it’s a 501(c)4, so it doesn’t have to reveal its donors or how much money it has.  Mother Jones

PAYING TAXES is, in fact, patriotic – It’s un-fucking-American is what it is. I don’t want you to apologize for being rich; I want you to acknowledge that in America, we all should have to pay our fair share. That our civics classes never taught us that being American means that—sorry, kiddies—you’re on your own. That those who have received much must be obligated to pay—not to give, not to “cut a check and shut up,” in Governor Christie’s words, but to pay—in the same proportion. That’s called stepping up and not whining about it. That’s called patriotism, a word the Tea Partiers love to throw around as long as it doesn’t cost their beloved rich folks any money. — Stephen King

  • King… regularly lands on Forbes’ highest-paid authors list; in 2010, he was at No. 3. His net worth is estimated to be as much as $400 million — that’s huge for a writer but small change when it comes to big finance. Warren Buffett, another tax-the-rich advocate, is worth about $4.4 billion.
  • Rich Americans renouncing U.S. citizenship rose sevenfold since UBS AG (UBSN) whistle-blower Bradley Birkenfeld triggered a crackdown on tax evasion four years ago. About 1,780 expatriates gave up their nationality at U.S. embassies last year, up from 235 in 2008, according to Andy Sundberg, secretary of Geneva’s Overseas American Academy… – Bloomberg

WHOEVER WANTED to let Detroit go bankrupt must be pretty embarrassed by this news: GM (GM) posted a profit of $1 billion in the first quarter, beating Wall Street expectations on strong demand in its key North American market. GM also said the U.S. economy was improving and it expected its core North American results in the second and third quarters to largely match the first quarter due to scheduled downtime at its large truck plants. – Daily Kos

ELEVEN DEMOCRATIC state party chairs are pushing to include support for gay marriage in the 2012 national Democratic platform.  – TPM

OBAMA’S BELOW-THE-RADAR push builds support for healthcare reform law: “The Obama administration is employing an aggressive ground game to build support for its controversial healthcare law that often reaches beyond the Beltway.” – The Hill

NEVER FORGET: President Obama did something Donald Rumsfeld would not – Donald Rumsfeld now says the raid to nab Osama bin Laden was not a tough call, but five years ago Rumsfeld pulled the plug at the last minute on a Navy Seal raid against high-value al Qaeda targets. — TPM