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    News Round-Up: Tuesday, May 1st, 2012



    Documents reveal Osama bin Laden plotted the assassination of President Obama; British Parliament says Rupert Murdoch is unfit to run News Corp; protestors around the globe take to the streets on May Day; and Hillary Clinton heads to China to meet with Chen Guangcheng. Meanwhile, Khloe Kardashian does not want audiences “keeping up” with her anymore; The trailer for ‘Dark Knight Rises’ is released; and Buzzfeed tells us why May is going to the best month ever.

    CRUCIAL:

    Protesters Prepare, Police Brace for May Day Protestshttp://bit.ly/JzuCAR
    In honor of May Day, workers across the globe are planning to protest for better pay. Thousands of employees in the Philippines, Malaysia, and Taiwan are demonstrating for wages that are on par with global consumer prices. In Greece, workers have planned rallies protesting the government’s austerity cuts. Meanwhile, the Occupy Movement has launched its spring awakening movement, calling for  “no work, no school, no shopping, no banking” throughout the United States. Occupy spokesman Mark Bray says that the call to action will show that  “99 percenters make things run in this country.”

    Osama bin Laden ‘considered changing name of al-Qaeda before death,’ http://bit.ly/IEnmmg
    John Brennan, the Obama administration’s top counterterrorism official, has revealed that documents found in Osama bin Laden’s compound show he was plotting the assassinations of President Obama, General Petraeus, and other U.S. officials. The documents also reveal that Bin Laden was thinking about changing the name of al Qaeda. Due to “disaster after disaster,” it seemed he believed the terrorism network was a “shadow” of its former self and that its leadership would “no longer be relevant.” Meanwhile, Mitt Romney has criticized Obama for touting his assassination of Bin Laden, saying “even Jimmy Carter” would have done it. In response, Obama quoted a 2007 speech where Romney stated, “It’s not worth moving heaven and earth, spending billions of dollars just trying to catch one person.”

    British Lawmakers: Rupert Murdoch Unfit to Run News Corp., http://bit.ly/Itz5Xz
    Members of the British Parliament’s House of Commons, Culture, Media, and Sport investigating News Corp’s phone hacking scandal said yesterday that Rupert Murdoch is “not a fit person” and as a result, should not be head of News Corp. The report also noted that Murdoch “turned a blind eye and exhibited willful blindness,” in regards to the company’s scandals. The 11-member House argued that if he had been “entirely open” to News Corp’s shareholders and lawmakers then the illegal phone hacking would have been discovered and dealt with much sooner. The report also said that James Murdoch and three News International executives, Les Hinton, Colin Myler, and Tom Crone, should be held responsible for the scandals.

    (via CNN) 5 arrested in alleged plot to blow up Cleveland-area bridge, http://bit.ly/ICYDBY
    Five suspects, some of whom describe themselves as anarchists, were arrested after allegedly conspiring to blow up a bridge near Cleveland, the FBI said Tuesday. “The public was never in danger from the explosive devices” because an undercover FBI agent was involved and the explosives were inert, the bureau said in a news release.

    Clinton heads to China and into dissident drama, http://reut.rs/InAqf3
    U.S. Secretary of State Hillary Clinton traveled to China yesterday to meet with blind Chinese activist Chen Guangcheng at the US Embassy in Beijing. While officials from both China and the U.S. have not made any comments about Guangcheng’s house arrest escape, some are speculating that he will demand to stay in China and pursue his activism. On Monday, President Obama said that China has to improve its rights for citizens but did not mention Guangcheng. Chen’s supporters have said that Chinese police admitted that Guangcheng’s escape does not break any laws.

    How Apple Sidesteps Billions in Taxes, http://nyti.ms/JzsVTO
    The New York Times has revealed that Apple’s subsidiaries in low-tax areas have allowed it to save $2.4 billion in taxes. Instead of keeping its profits in California where its based, Apple has been sending its funds to Reno, NV where the corporate tax rate is zero. The company also has tax-saving subsidiaries in places like Ireland and the British Virgin Islands. Last year, Apple paid $3.3 billion on its $34.2 billion profits worldwide. Apple’s studied accounting tactics have been deemed legal.

    CULTURAL:

    Ann Romney on Mitt: ‘There’s a wild and crazy man inside there,’ http://bit.ly/KsnzGZ

    Tony Nominations: Andrew Garfield, Cynthia Nixon Score Nods—but Did Spider-Man Snag Anything in Its Web?,http://eonli.ne/IOXqC7

    Dark Knight Rises’ New Trailer Released, http://eonli.ne/JPQ2Lw

    Khloe Kardashian and Lamar Odom: Why We’re Taking “Time Off” From E! Reality Show, http://bit.ly/IDzEgT

    23 Reasons Why May Is Going To Be The Best Month Ever, http://bit.ly/KDtAFk

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    Caitlin Maguire
    Bio: Caitlin is the Marketing & Operations Manager for Rock the Vote
    @caitlinmagu
    Email the author at: blog(at)rockthevote.com

    One Response to “News Round-Up: Tuesday, May 1st, 2012”

    1. shoeless says:

      So much for those health care savings:

      A new survey of Fortune 100 companies finds that the health care overhaul, contrary to the claims of its authors, created some perverse incentives for employers to drop workers from company insurance plans.

      Republicans on the House Ways and Means Committee surveyed the top 100 companies about how much they spent on health care — a total of 71, covering 5.9 million employees, responded. The results suggested it would be far more attractive for companies to drop workers from those plans than keep them.

      Even after paying a penalty of $2,000 per employee, the companies stand to save $28.6 billion in 2014 alone by shifting employees to health insurance exchanges governed by strict federal standards. The companies stand to save more than $422 billion over the first 10 years of the law by doing this.