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The madness that is the proposed tax repatriation holiday is continuing and gathering steam. More and more members of congress are coming out of the woodwork, scratching their chins in contemplative consideration as it were, pretending that they've just realized what a great day a corporate tax holiday would be - not that they've taken gazillions of dollars from the firms lobbying for it or anything. The latest convert seems to be Nevada Democrat Shelley Berkley. Berkley's plan is to offer a pseudo-holiday - not the full-fledged happy-ending massage the companies wanted (i.e. a reduction from 35 percent+ to 5.25 percent) but a mere ten-point shave: Representative Shelley Berkley, a Nevada Democrat, is the latest lawmaker to consider legislation allowing multinational companies to send offshore profits to the U.S. at a reduced tax rate. Her proposal, which was confirmed yesterday by Berkley's communications director, David Cherry, would allow companies to return profits to the U.S. at a 25 percent tax rate, 10 percentage points below the maximum statutory rate. Most companies publicly supporting a holiday, such as Duke Energy Corp., have spoken favorably of the 5.25 percent rate that is being offered by Representative Kevin Brady, a Texas Republican. One thing that people must understand about this tax repatriation business is that it's a wholly bipartisan affair. It's not solely the work of evil Republicans. This is a scheme that requires heavies in both parties to help ram the knotty, hard-to-sell legislation through. On the Democratic side, unsurprisingly, the main actor is going to be Chuck Schumer. John Kerry is also involved with this nastiness. Barbara Boxer led the 2004 effort and the failed 2009 campaign to get a holiday, and is rumored to be lurking somewhere in this business. Note that Cisco, a California corporate heavyweight and one of the companies lobbying most ravenously for this tax holiday, has been a consistent lifelong contributor

Opponents of hydraulic "fracking" say it pollutes water and causes illness. Actor, activist (and newly-minted Countdown contributor) Mark Ruffalo joins Keith to discuss the lucrative practice that potentially threatens supplies of drinking water, and why so many have their heads in the sand. "This is an industry that is the dirtiest, slimiest, most arrogant, and negligent that you can imagine," Ruffalo says. Ruffalo also talks about rumors of blacklisting actors who speak out on political matters, and ponders why he was singled out by CNN to comment on it.  "You can do what's right or you can put your head in the sand," Ruffalo tells Keith, shortly before Keith bestows the ultimate Countdown honor -- welcoming Ruffalo into the ranks of official on-air contributors.

More at http://www.theuptake.org ABOUT THIS VIDEO: President Obama's stimulus package is intended not only to shore up the economy, but the U.S. psyche. The American Dream itself. But what if we euthanize the American Dream? The Uptake wants to hear your voice. Submit your own video "letter to the editor." More information: How to submit a video 1) Have something intelligent to say 2) Record it on a video using your real name. 3) Upload it at www.tubemogul.com using info@theuptake.org as your log in and uptake411 as your password. 4) Send an email to info@theuptake.org telling us about your video. Dennis Trainor, Jr is a regular video contributor to TheUptake.org. He was a writer & media consultant for Dennis Kucinich's 2008 presidential campaign & a 2007 "Best of YouTube" nominee for his work as writer/ performer on "The Hermit with Davis Fleetwood." He is currently at work on two books: "My Progressive Dilemma" (chronicling President Obama's 1st year in office) and a novel adapted from his play, "I Coulda Been a Kennedy." Contact: dennistrainorjr (at) gmail (dot) com

AMONG the top items left on the Senate's to-do list before the November elections is a "paycheck fairness" bill, which would make it easier for women to file class-action, punitive-damages suits against employers they accuse of sex-based pay discrimination.

Since the financial crisis of 2008, one of the most revealing spectacles has been the parade of financial elites who petulantly insist that they are the victims of societal hostility:  political officials heap too much blame on them, public policy burdens them so unfairly, the public resents them, and -- most amazingly of all -- President Obama is a radical egalitarian who is unprecedentedly hostile to business interests.  One particularly illustrative example was the whiny little multi-millionaire hedge fund manager (and CNBC contributor), Anthony Scaramucci, who stood up at an October, 201o, town hall meeting and demanded to know:  "when are we going to stop whacking at the Wall Street pinata?" The Weekly Standard now has a very lengthy defense of -- including rare interviews with -- Charles and David Koch, the libertarian billionaires who fund everything from right-wing economic policy, union-busting, and anti-climate-change advocacy to civil liberties and liberalized social policies -- though far more the former goals than the latter.  In this article one finds the purest and most instructive expression of billionaire self-pity that I think I've ever seen -- one that is as self-absorbed and detached from reality as it destructive.  It's really worth examining their revealed mindset to see how those who wield the greatest financial power (and thus the greatest political power) think of themselves and those who are outside of their class.

To fix the U.S. economy, we must finally deal with wage inequality.

Both the Irish and Middle Eastern conflicts figure prominently in American domestic politics - yet both have played out in very different ways.

This might actually work

A Nobel Prize winner says that Geithner and the Obama administration are giving a vast amount of taxpayer funds to private investors, without Congressional approval.