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The Obama campaign's assault on Mitt Romney's private sector career is meant to accomplish two goals: tarnish the cornerstone of the presumptive GOP nominee’s political biography, and play into middle class voters' economic anxieties over the actions of large financial institutions.
The president's re-election team sent notice Monday morning that its new ad, which took aim at Bain Capital's involvement at a Kansas City steel plant, was only the first in a sustained wave of attacks on the company Romney co-founded.
David Karp / AP
President Barack Obama arrives at JFK International Airport May 14 in New York on his way to deliver the commencement address at Barnard College in New York City.
"Most Americans know that, even in the real world, when you bankrupt a company, you don't walk away with millions of dollars for yourself and others while workers are left holding the bag," said Stephanie Cutter, the deputy campaign manager for the Obama team, in a conference call Monday morning.
"That's simply wrong, especially if you're using those lessons and values learned from that experience as the central premise of your campaign for president. Romney didn't care about rewarding hard work and responsibility, he didn't care about everyone playing by the same set of rules; he cared about making money for him and his partners at all costs," she said.
RELATED: Obama campaign criticizes Romney's 'economic values'
The Romney team cried foul in response, accusing the president of diverting attention from the anemic performance of the economy. “We welcome the Obama campaign’s attempt to pivot back to jobs and a discussion of their failed record. Mitt Romney helped create more jobs in his private sector experience and more jobs as Governor of Massachusetts than President Obama has for the entire nation,” said Andrea Saul, Romney’s press secretary.
Later in the day, the Romney campaign released its own web video touting Steel Dynamics, one of the success stories during Romney's time at Bain, as a countervailing example.
(Bain, in its own statement this afternoon, emphasized its neutrality in the election and decried how its "exemplary 28-year record will be distorted and complex business situations will be portrayed in a simplistic way.")
The Daily Rundown's Chuck Todd talks about the new ad which is trying to make Mitt Romney's strength in this economic election a weakness.
Nonetheless, the Obama campaign’s new plan to conduct a sustained assault on Romney’s record represents an effort to turn what’s regarded as one of the Republican’s greatest strengths – his economic expertise – into a liability.
As NBC Politics previously explored, Romney has an advantage versus Obama on the economy, though not by as wide of a margin as his campaign might hope. Moreover, the data in last month’s NBC News/Wall Street Journal poll suggested that voters didn’t expect the economy to perform much better in a Romney administration vs. a second term from Obama. In short, neutralizing Romney’s advantage on the economy would throw the election to other factors, and Obama holds the advantage on many of those.
Romney sells economic acumen - are voters buying?
But the Obama campaign’s attack also plays into broader themes of fairness and equality on which the president has staked his re-election effort.
"We have to move forward, to the future we imagined in 2008, where everyone gets a fair shot, and everyone does their fair share, and everyone plays by the same rules," he said earlier this month at his campaign launch in Columbus. "That’s the choice in this election, and that’s why I’m running for a second term as president of the United States."
An early April Washington Post/ABC News poll suggested that this message, versus a more generic Republican argument about overregulation, might have more political traction. Fifty-two percent of Americans in that poll said they viewed unfairness in the economy that favors the wealthy as a bigger problem than overregulation, named by 37 percent of Americans as a bigger problem.
That message is necessitated partly by the sluggish growth in employment in recent months; while the economy is improving, the rate at which hiring has improved makes it more difficult for Obama and Democrats downballot to run on the economy.
But the Obama campaign is betting that diminished faith in major institutions – and outright skepticism toward Wall Street and the rest of the financial sector – might be enough to stave off Romney’s attacks, especially if they can link the former buyout guru to the excesses of corporate titans.
Obama himself noted that banks and other financial behemoths hadn’t been “model corporate citizens” in his commencement address Monday at Barnard.
There are plenty of examples toward which Obama and his party can point, and already, some of the party’s candidates have gotten the memo.
Elizabeth Warren, the Democratic Senate candidate in Massachusetts who had earned plaudits from liberals for her efforts to rein in Wall Street, seized on news that J.P. Morgan had lost $2 billion in a hedging scheme to call on CEO Jamie Dimon to resign his position as director of the New York Federal Reserve Board.
“There’s been a guerilla war out there in which the largest financial institutions have been doing everything they can to make sure that financial regulations don’t get put in place, and if they do get put in place, that they’re loaded with loopholes, and not very effective,” she said Monday on CNN.
Addressing the Barnard College graduating class, President Obama gave the grads examples of how women helped shape who he is, and gave advice to get involved, lead by example and to persevere.
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Romney didn't care about rewarding hard work and responsibility, he didn't care about everyone playing by the same set of rules; he cared about making money for him and his partners at all costs," she said.
Capitalism at it's worst as the 'all mighty dollar' is revered at the expense of the average American and their hard work. Shameful example for others to follow and he wants to be our leader. I think not!
Must you always reduce everything to how it will affect the polls? Why don't you try reporting straight-up on the issue for a change? Do a little FACT-finding. It's not that hard. It's all over the Internet.
Bain plays into middle class anxiety because Bain, and others like it, are bound and determined to suck the economy dry, hoard it for themselves, and do away with the middle class. If they can spend government money to achieve their goal of turning the US into some kind of weird serfdom, so much the better.
Please pay attention, First Read. This is NOT a drill. This is not a game. This is real life, and real people are getting hurt.
Even if they ARE only the "little people," as Leona Helmsley might say.
nomoresameo
Hi Brian
Remember that you can work extremely hard and be extremely responsible but if you haven't got a product that anybody wants to buy then you will go nowhere but down the drain.
That happens in all forms of government.
I believe he will be a much better leader than the Big "0".
Did anyone see the Mitt Romney Mothers Day ad? Too Funny!!!
AM, Please explain why it would be in their best interest to do away with the middle class. Those greedy corporations need their purchasing power to make more money. They have a vested interest to have a thriving middle class to continue with their greed. On the other hand, Obama has a vested interest in getting rid of the middle class to create a larger pool of government dependant voters.
I saw it and thought it was mean-spirited! IF anyone listened to Hilliary Rosen's whole statement, you'd see they only selected one little snippet of a sentence. Plus if anyone here thinks Mittbot's wife ever did much at home without the benefit of live-in help: drivers, cooks and nannies - they're wrong.
If you think that a staff of drivers, cooks and nannies turns out quality human beings, you are mistaken. Unless you have 5 kids, you have no idea how much work goes into raising them. If you are that wealthy, you'd be crazy not to hire help.
The only people that are buying into these attacks on Gov. Romney are the folks that are looking for a reason, any reason, to vote for President Obama in November. The rest of us aren't falling for it.
The first sentence of this article says it all .... Obama is playing the FEAR GAME as he attacks Mitt Romney.
No more can he sell the vagueness of "Hope and Change" ... he has a record for his first term in office. He must now attack, attack and attack as he tries to put fear that Romney will somehow be worse than him.
It kind of reminds me of the movie "Tora, Tora, Tora " ! I would like to see if Barack Hussein Obama has a realistic budget plan. He is in his 4th year of office, debt escalating sharply under his watch and absolutely no realistic plan for our country's fiscal future ! Bankrupt America ? "YES WE CAN !!!"
Mark and Jim-If the prospect of Mitt Romney as president doesn't scare you and yours it seems that you must be 1% wannabes. Good luck. You're white middle class family men who will fall for the carrot of being included in Mitt's crowd. Not going to happen. Maybe you can park their cars.
REB,
That is not specifically what Bain and other corporate raiders do. They often kill off profitable companies by absorbing the most profitable portions of a company into a competitor eliminating competition and laying off labor in order to show a temporary profit to raise stock prices and then divest themselves. Meanwhile they leave the less profitable portions and bankrupting them and taking the tax protection offered by bankruptcy. Capitalism need not be predatory for a century companies competed they did not look for a leveraged company to destroy and they also realized that rising wages even at the cost of maximized profit provided a consumer base to buy the damn products. Companies like Bain use the absurd tilt in the tax laws over the last 30 years to create enormous wealth for an ever shrinking few at the expense of the many.
jkh
Rocco-2976776 -- Pick up a copy of:
Free Lunch: How the Wealthiest Americans Enrich Themselves at Government Expense (and Stick You with the Bill) by David Cay Johnson
Not all of the 1% are self-serving, short-sighted rat b@#$%&!s. But the ones who are (primarily Big Oil and Wall Street) create poverty on purpose. The book discusses this.
The 1% Democrats in Hollywood, Silicon Valley, even the CEO of JP Morgan not only realize the importance of a middle class -- not just economically but also to preserve democracy -- want to pay more in taxes. They understand that the middle class creates demand, which in turn creates jobs, and the disposable income as a result makes everyone richer including them.
The companies out there, especially those sitting on piles of cash, need to start hiring. The problem is Corporate America is risk adverse and are followers, not leaders. They are waiting for more economic recovery, but recovery is being delayed by them. Productivity has flat-lined, so hopefully we will see hiring pick up soon.
In any event, Romney trying to pitch himself as the "turn-around" or "fix it" guy is a crock of crap. And not just based on his hideous record with Bain, but the way he operated with the Olympics, and most of all his track record as governor. nomoresameo, you state that "he wants to be our leader" but I say he wants to be the leader -- there is no "our" in his calculations. The man is a jerk. Journalists need to do more research on those who have worked with him...
@realist #1.9,
You post gibberish by trying to imply the 1% game at the risk of making a total fool of yourself in the process.
I am a middle-class CPA working in private industry and have a better than average understanding of accounting, financial matters and taxes. I know what a budget is but Obama apparently thinks its some kind of game, as do you. Our country is around $16 trillion in debt, and last fiscal year the U.S. had a one-year deficit of $1.3 trillion+. Raising taxes on the rich as Obama has proposed to suckers like you would be a veritable "drop in the bucket" toward resolving our country's financial crisis. Obama's concept is to spend more money we don't have, raise taxes on the rich (and in Obamacare also) and to then redistribute the wealth.
None of this nonsense will restore our economy and bring manufacturing jobs back to the U.S.
If you think Obama's plan is good, I suggest you do this: Get a large No. 5 washtub with handles, then step inside the washtub. Grab the handle and pull up as hard as you can ! When you achieve "liftoff" then please give me a call. I have never actually seen a miracle in my life and want to be sure and get some pictures !! LOL !!!
You may be a cpa but you are no economist. The debt has been going up since Reagan was in office. Bush took it to new heights, and Cheney himself said 'deficits don't matter' as they passed the Bush tax cuts during 2 wars (not on the books, by the way). Since Obama inherited a deep recession, spending cuts would bring the economy into a depression, so further stimulus spending was required. In fact, a reason the unemployment numbers were so stubborn were directly due to some of the cuts in government spending that republicans insisted on. This is also true on state levels (look at WI).
http://cdn.crooksandliars.com/files/vfs/2011/07/nyt_debt_by_prez_lg.jpg
And the republican economic policy of trickle down is a proven failure. Tax cuts to the top do not create jobs, Bush had the worst job creation of all.
http://blogs.wsj.com/economics/2009/01/09/bush-on-jobs-the-worst-track-record-on-record/
http://www.faireconomy.org/research/TrickleDown.html
Well, if Republicans are FOR the middle class, he sure has a funny way of showing it.
And by middle class, I don't mean the minimum- and low-wage earners at Staples and Sports Authority. I mean people with REAL buying power.
Romney sure as heck doesn't care because you don't actually have to make anything in this country anymore to make money. He is the perfect example of this. In the upper stratosphere, the only thing you really need are low-income serfs who are too timid to bother you with, "Please, sir, can I have some more." The rest of us don't matter.
He doesn't have to. Republican tax policies and greed are doing it for him.
@ TruePat -- Exactly!! And thank you.
So you are a CPA... who advocates tax cuts for the rich (on the national credit card), then fight not one but two wars (on the national credit card), a nice kick back to the pharmaceuticals (on the national credit card) and then talk about deficits? Not only that, but hey... it all worked out so well why don't we cue up to do it all over again. I suggest you knock the bottom out and pull up the #5 washtub by the handles to cover your naivete!
Reply to #1.8 Why is it alright for the GOP to use the fear game (for decades) but not alright for anyone else? At least it's not those crazy Reagan socialism fear tactics or Bushy terror alerts lighting up the TV. Don't like it when it's back at you?
Jim Hayes-375865
Thanks for your thoughtful comment. Sometimes it is unusual to get a good discussion going on here due to all of the name calling etc.
Companies that Bain and other venture capital groups looks at are in a significantly weak state to begin with for a multitude of reasons. Without doing anything, the vast majority of those companies would shortly go out of business anyway with all the jobs lost and not just those from the unprofitable side.
By doing something, it is possible to save some of the jobs and turn the company around i.e. Staples etc. At the end of the day as much as we would like to think life is fair, it isn't and yes some people still lose their jobs but in many cases thanks to companies like Bain, it isn't everybody.
The fact that the tax laws may enable things like this in some cases shows the need to reform the tax laws in all cases including personal taxes and business taxes.
I really think Obama should go after Romney as a part owner of Rush Limpball's radio show, rather than his work at Bain. He'll score more points for going after one of the leading misogynists of today instead of the normal cut-throat business in the free market system..
Jim Hayes-375865 - From Real Clear Politics
Former Obama "car czar" Steve Rattner denounced a new campaign ad that attacks Mitt Romney for business decisions he made during his tenure at Bain Capital.
Specifically, the ad targets Romney and Bain Capital for the private equity firm's decision to acquire GST Steel and the jobs that were lost under their control.
Rattner called the ad "unfair" and defended Romney's decision at Bain Capital. Rattner says Romney's job was to make profits for the firm's investors, not save jobs.
"I think the ad is unfair. Mitt Romney made a mistake ever talking about the fact that he created 100,000 jobs. Bain Capital’s responsibility was not to create 100,000 jobs or some other number. It was to create profits for his investors, most of whom were pension funds, endowments and foundations. It did it superbly, acting within the rules and acting very responsibly and was a leading firm," Ratner said on MSNBC's "Morning Joe" on Monday.
"So I do think to pick out an example of somebody who lost their job unfortunately, this is part of capitalism, this is part of life. And I don’t think there’s anything Bain Capital did that they need to be embarrassed about," he said.
some people seem to lose sight of the fact that companies are in business to make money.
Those
“Evil, Rich People” – are Democrats http://www.datehookup.com/Thread-841520.htm
From the, “you never hear about that from the media” file – Those “Evil, Rich
People” that Democrats are always wailing about are actually – Democrats.
In fact, the Top 4 on the list: Bill Gates, Warren Buffett, Larry Ellison,
Christy Walton are all Democrats. Together, they are worth $150 Billion
Dollars.
An analysis of the Top 20 Richest People in America (from Forbes Top 100)
reveals that a full 60% are actually Democrats. Furthermore, if you eliminate
the duplication caused by people from the same family being included in that
Top 20 list (Wal-Mart & Koch) that ratio widens even further to:
25% Republican / 75% Democrat.
(The purpose of this analysis is not who makes the most money, but where they
contribute / by party affiliation. Obviously, people from the same family would
tend to contribute to the same party.)
Analyzing the data takes us even further. Not only are there more Democrats in
the Top 20 list, but those Democrats are a lot more stingy with their money.
Republicans coughed up $5.2 million while Democrats squirted out only $2.1
Million.
Of course, there is no reason not to assume that the money they contribute to
Special Interest groups wouldn’t match (or closely match) those of their chosen
candidates. So when you add in the money from these groups you end up with
Republican Contributions at $10 million while Democrats contributed only $6
million.
Lest we not forget, Democrats outweigh Republicans. Not only in terms of the
number of uber-millionaires, but also with their net worth. In this Top 20
group, Democrats have a combined net worth of $263.1 billion dollars while the
Republicans have a combined net worth of only $143.9 billion dollars – almost
half that of Democrats.
So the next time you hear some Liberal Freak try the “Evil Rich People”
rhetoric, remind them and everyone around you that it is the Democrats who are
those “Evil Rich People”, not the Republicans. Then stand back and watch their
head spin.
Honest Joe (?) http://patrioticmillionaires.org/
@jim-1455434. Your a CPA but are you aware that you need to balance the debit and credit in accounting? That's the biggest mistake the Bush and Republicans did, when they cut taxes (decrease revenue) but spend money in 2 wars (increase expenses) which resulted an off-balance account. You keep referring the scalating deficit under Pres. Obama's administration but did you look at the deficit during Pres. Bush administration? Who has the highest increase in percentage from the beginning of their term until the end of their term. Isn't it that's how real accountant determine increase not just the dollar amount? Accountants love percentage. Who will be amaze that the highest percent increase in deficit happens during the Republican presidency such as Reagan, old Bush, and young Bush. Oh, btw, percent increase in deficit during Pres. Obama's admininstration is just half of Pres. Bush percent increases.
When you have a record like Obama, which clearly demonstrates NO economic expertise, you would have to feel a little bit out-classed by Romney. Obama's re-election is totally dependant on discrediting the actual real-world experience of Romney. No matter how many lies they have to tell to sell the lie that "Obama isn't still in phase one of the most expensive on-the-job training program in history and is failing miserably" you can count on the Obama campaign staff to not bring up Obamas record. They will attack and go negative because they have nothing positive to offer! The history of the last three and a half years is not a record they can run on.
I suspect that if Romney were the captain of the Titanic or that Italian cruise ship that just ran aground and turned on it's side, he would be one of the first off the ship. Gotta save the important people first you know......
To H@() with the others. So much for the captain going down with the ship....
Our economy is currently like the classic board game Monopoly. The ultra-rich and the big corporations have hotels on all the expensive properties - Boardwalk, Park Place, the green properties, yellow properties, basically everything on the 2nd, 3rd and 4th sides of the board; along with owning all the railroads and the two utilities (water works and the electric co). The best anyone else has is a few houses on the low end properties (1st side of board). If you don't get thrown in jail (and you won't collect $200 for going past GO), your biggest opportunity is to land on Chance (get lucky - like Zuckerberg might) or Community Chest (gov assistance, social security). Even if the big guys land on your cheap houses, you don't get much. The game is pretty much over for the US. It needs to be restarted - tax the ultra-rich at really high rates, rebuild the nation's infrastructure (both physical and human-education) and above all else, get money out of politics.
Where's the guy who says he is a cpa (jim?). I am one too. I have been for a good long time now. I have seen first hand how the Republicans and big business have run our country into the ground and are still trying to destory it. They want to make the government irrelevent so they can control everything and everyone. Government cannot and should not be run like a business. It isn't there to make a profit. It is to provide protection - both military/safety and economic - so that the maximum number of citizens have a chance to suceed.
Our country is not like it was in the 17th, 18th & 19th centuries where there was a wide open frontier to expand into (poor American Indians) if you lacked opportunities back East. You could move west, north or south and stake a claim as a landowner and support yourself thru farming, hunting or trapping. Things really started to change when the railroads linked the east and west coasts and everything inbetween. All the buffalo were shot, forests logged and mines built. We started to see this in the late 19th century with the railroad barons, oil barons, etc. Go read an American history book.
Note that I do not speak for any other cpa's or cpa organizations, only myself. Some others may see things the way I do, some may not. They don't call us "bean counters" for nothing. Knowing the cost of everything but the value of nothing.
And I didn't even go to a liberal arts school.
The article that mentioned a company Bain took over, laid out how Romney made a few million before the company went bankrupt. Those millions were replaced by taxpayers to fund the retirement, at a reduced rate, of the bankrupt companies employees. Essentially, Romney paid himself millions for his own advice and Bain made a 'profit' while the company was being run into the ground. Sure, some hosts survive these parasites, but the parasites get mighty rich in the process. This is the business acumen we want in the White House?
Anyone remember high school biology?
Commenalism: relationship between different organisms where 1 organism benefits but the other is neutral... no harm or benefit. (green energy, reducing pollution, reducing population, preserving the middle class, gay marriage, no death penalty because we might be wrong, )
Parisitism: a non mutual relationship between different organisms where one benefits at the expense of another. (drill baby drill (Steele), deficits don't matter (Cheney), Prolife when it comes to fetuses, but not when it comes to the poor, no gay marriage, "If You Don't Have A Job And You Are Not Rich, Blame Yourself! (Caine), 2 wars that feed the war machine [haliburton])
I've come to a point where conservationism looks more and more like parisitism all the time.
Honest Joe. I chased political affiliation on the richest list on forbes for three years. The democrat grip on the rich was barely over 50% 4 years ago.
In the Titanic that is our economy, the rich have run us into an iceberg, locked us into our staterooms and are busy stealing the lifeboats. We don't need someone like Romney, who keeps his money in Switzerland and the Cayman Islands, to be our President. Nothing like electing the fox to guard the hen house. Wake up America and realize the lies spread by the TP/GOP.
It took bush jr 8 yrs to undo the good Clinton did, Meaning a in the black budget and full employment. There is no doubt Obama is working hard to repair the damage against the obstructionist repubs.
Vulture Capitalist - that's what Romney is ... if you can 'handle the truth'
Obama/Biden 2012
Clinton/Clinton 2016
At least Romney HAD a private sector career....this from a community organizer!
Careful Barry, your JEALOUSY of the rich white man is showing!!
As opposed to MOOSHELLE, lets see, how many personal assistants does she have?
I might add companies employ people and public corporations are owned by people with 401K and IRA accounts.
I just spit up a little bit in my mouth.
Pigotry, is that hillary & Bill 2016 or Hillary & Chelsea 2016, both would seem to be an unstoppable democratic juggernaut, especially since the republicans can't seem to find any serious or electable canidates for 2012, don't see that changing in 4 years.
Fedupwithfed, Michelle has had those assitants for 3 years, her children are like 13 & 10 years old. The main assistant they have is Michelle's mother both before and after the 2008 election. But all that aside its a very simple concept, no one is saying that Michelle Obama's qualification to speak on topics is soley based on her being a mother. The First Lady is an Ivy Leauge grad and a practicing attorney, sounds like an intelligent woman to me. Now I'm one of 5 boys my parents raised w/o assistance, my mother has a BA and a master credential in human resources, should the nation ask her her opinion on the state of our national economy? Then why ask Ann Romney?
Fedupwith- (You): All you just proved is that any theory can be made to fit any facts by means of
appropriate additional assumptions. AND that small bit of arrogance CAN go a long way…
And do take your racial crap somewhere else.... 'k.
Carl...
At what law firm does Michelle Obama practice law?
At what law firm did Michelle Obama ever practice law?
MittTaxPittance's Behavior is very unsettling NOW as he KNOWS the damage HE DID to other People, Their Families and their Lives and Yet He, Rommel, Wants to do it again to We Americans and Our Country America. He wants to start a war with Iran, Discontinue OUR Social Security for more profitable Wars in the middle east and Pocket the rest. This individual is like a pedaphile that he cannot stop his Sociopathic Behavior and the resulting calamities. Here’s the rundown on Mitt Romney’s devastating record as CEO of Bain Capital, a tenure marked by bankruptcies, bailouts, and mass layoffs — all while Romney and his partners raked in billions of dollars in profits for the firm and Romney himself amassed a quarter-billion dollar fortune.
Romney’s Bain Capital Caused Mass Layoffs, Sent Jobs Overseas
Thousands of Americans were laid off by Bain Capital at companies it purchased, managed, and, at least a quarter of the time, drove into bankruptcy. This individual is Despicable and, Worst Yet, Ammoral. EGADZ!!! he even looks like Dracula all spiffed out.
Obama thinks the Presidency is a popularity contest.
It's pretty embarrassing to see him on all these talk shows, late night shows, etc trying to win the popular vote on charm and not his record. But he can't just sit back in Washington, because his record sucks.
A real leader wouldn't haven't run around like a Kardassian and whore themselves out on talk shows and try to impress people with his antics.
It's pretty sad what this guy has reduced the Presidency to.
Lastly, Bain does what it has to do to turn a company around. But I keep forgetting the Democrats would rather have a company completely fail then have a few get laid off for the betterment of the company and the survival of the company and letting at least some people keep their jobs.
Mitt is better if running for baseball commissioner - a vulture capitalist can be a good fit -
This Mitt fits better - as a baseball commissioner!
President Harry Truman in 1948: "The Republicans … will try
to make people believe that everything the Government has done for the country
is socialism. They will go to the people and say: "Did you see that social
security check you received the other day—you thought that was good for you,
didn't you? That's just too bad! That's nothing in the world but socialism. Did
you see that new flood control dam the Government is building over there for the
protection of your property? Sorry—that's awful socialism! That new hospital
that they are building is socialism. Price supports, more socialism for the
farmers! Minimum wage laws? Socialism for labor! Socialism is bad for you, my
friend. Everybody knows that. And here you are, with your new car, and your
home, and better opportunities for the kids, and a television set—you are just
surrounded by socialism! Now the Republicans say, 'That's a terrible thing, my
friend, and the only way out of this sinkhole of socialism is to
vote for the
Republican ticket." And that was 64 Years Ago!!!, the republicanCrimeCartel is still doing the same exploitation of people THEY ARE NOTORIUS FOR Now!!!!!! But according to KingGeorgeTheVacuumBrained, it is called "free market" capitalism; with families in the streets and 21% Unemployment.......
Remember Fellow and Sister Americans: A vote for ANY republicanCrimeCartelSoldier, Rommel, is a vote Against Yours and Your Family's WellBeing
Old fat guy.... nice try but you're WRONG!!!
http://www.snopes.com/politics/obama/lawlicenses.asp
How many executives of Obama's bankrupt green energy companies like Solyndra walked away with nothing? CEO's with ties to both political parties have been taking golden parachutes forever, and it comes as no surprise that it would be mentioned for political gain. But rest assured no one in Washington will care the day after the election.
it's true, willard's record as a job creator has been pretty much a disaster whether as a vulture capitalist, governor, or polygamist zealot. I don't think the guy has started a business in his life.
Michelle Obama, worked for the Corporate Law Firm, Sidley Austin.
There she met and was assigned to mentor President Obama, and they married about 4 years later. This took me about 45 seconds to locate, so I suggest before speaking you check the facts or do a tiny bit of research, it might save you from looking foolish.
A. Rummney can tell you about getting her butt wiped by one of her servants! If she had to work a day in her life she'd fall to pieces!
Furthermore, Mit has no experience in being president but Obama does. The only thing that Mit the bottom feeding slime sucking lazy loafing rocking chair-check collecting fool idiot can do is steal and brag how he didn't have to pay taxes on 30 billion while the middle class pays a rate at least twice what he pays. Someone should fire him!
It's nice to see Obama punching back while rummney squirms. He can dish it out but he flounders when it comes back. Obama is going to make ground turkey out of Mit!
Which middle class Obama cares? Hollywood elites? Wallstreet elites? In last few days all I heard was he is hanging out with Hollywood stars, and today he had fundraising at wallstreet!, he is the one hates wallstreet right? keep saying they are greedy, fat cats etc???? now he is fun raising at their doors? talk about hypocracy!!!
First, for all those trying to speak truthfully and sincerely into the vast horde of ignorant and zealous leftylibdems, I commend you.
Second, the duplicitous POTUS BO doesn't reveal that Romney had left Bain on his way to manage the Olympics during the Kansas steel mill deal. No matter. It was his company so he's to blame.
So why not talk about the trillions additional debt and the amount of interest? Why not talk about CEO Corizine of MF Global scandal losing 100s of millions of customer's money and a celebrated BO bundler and stalwart leftylibdem. Or Solyndra. Or possible felony drug abuse. Why not talk about the 8+% unemployment and the 16% real unemployment (U6)? Naw, let's distort, incite, blame, mislead, attack, and vilify rather than campaign on BO's record. You leftylibdems sure sell your country and your souls pretty cheap.
Look at Obama created jobs at Solyndra, it was not his money so he took extreme risk, if it was his money you think he would have taken that risk???? Romney can do whatever he wants with HIS money. I don't understand NOBODY is talking about Solyndra, President and team gambled taxpayer money and 500 million went down the drain, and Dems are bashing Romney for risking/investing his money.
Why dems are not talking about green jobs anymore?
I can understand some people in the ABO crowd, (anybody but Obama), voting for the Republican candidate, but how you can support Romney defies imagination. Your, and Romney's, best benefit comes from not saying anything. Just patiently wait until November and then vote against Obama.
The more Romney talks and the more his "experience" comes to light, the more ridiculous it becomes for any middle class person to back him. Wait until he actually has to succumb to the pressure of releasing his tax returns, (more than just two select years that were bad enough.) He told us that when tax time came around he would release them, then begged off that and said he'd do it when he became the nominee. He files an extension for 2011 and seems to think that any years prior to 2009 are irrelevant. Does he really think we are all going to forget about it? Here is a guy who claims superior economic ability. Why is he afraid to share examples of his economic skills?
This guy may be good for the rich because he will be easy to manipulate, but does anybody really believe he will be good for the middle class? But the rich are far better off today than they were in 2008 and arguably, better off that they ever were. I can understand that if you are clueless about the economy, and you think that we should be back to normal because the recession was just a little blip, that you might blame Obama for not getting it done. But what do you know about Romney's plan? Has he suggested anything but trickle down on steroids? Do you really believe that trickle down works for the middle class? Does anybody really think Obama has been allowed by the Republicans in Congress to really do anything significant? If anything the last almost 4 years proves, it's that Republican economic ideas are great for the wealthy, but suck for the middle class. Because we have been operating with about a 90% weighted Republican economic ideology, it should be obvious that it just doesn't work for the little guy. Grow a brain or cut a slot into the top of your head to keep your pennies in because you aren't using that space for anything else useful. And if you elect Romney, you're going to need those pennies.
If you are anti-Obama, that is fine, it's your choice. But for your own sake don't try to explain why you can be for Romney. It just makes it worse. It just points out to the handful on the fence, just how stupid it would be to back Romney. Your best bet is to point out Romney's most significant attribute. The fact that he isn't Obama. Beyond that, he as absolutely nothing going for him unless you are a 1%-er.
John-2032532, did you ever think about the source of all of that money owned by people with healthy 401K and IRA accounts that now support corporations? I'll give you a minute to think it over. It came from a healthy middle-class with job security, decent wages, benefits and retirement pensions provided by unions and sustained by politicians that backed the unions (as well as a healthy middle-class).
That window has rapidly collapsed since the advent of "Trickle-Down" or "Voodoo" economics initiated by the Reagan administration so many decades ago. The middle-class now faces serious decline and eventual extinction as the once healthy middle-class members continue to age and represent a dying breed of citizens. Where will the mighty corporations turn once the last of their most powerful contributors turn to dust?
Their path has been as clear as the amazing photographs of far, far away galaxies presented by the Hubble Telescope. They have used their ever-increasing wealth to buy the prostituting members of Congress willing to sell out America for bags of gold. Those whoring representatives of the American people allowed the mighty corporations to off-shore our most productive jobs overseas by enacting lucrative tax benefits and loopholes to actually increase their profits while using slave labor in India and China. The partisan U.S.S.C. even got into the act with their "Citizens United" decision granting mighty corporations the same freedom of speech rights assured by the Constitution for individual Americans. Our very wise founding fathers must surely be turning over in their graves.
It doesn't take a college professor, political scientist or financial economic expert to analyze our current state of affairs. A fairly intelligent 10 yr. old 5th grader can see the writing on the wall. Explaining our current dilemma, that 10 yr. old child can tell you that a man born into wealth using his great inheritance to produce greater sums of money only by money has produced nothing. That same man hides his great fortune in the Cayman Islands and uses capital gains as the means to pay a much lessor tax rate on a $20 M annual income than a producer of actual goods as he earns an annual $50k income (by the sweat of his brow) and pays a much higher rate of income tax.
It doesn't take an expert of any kind to see that such a man is a cog in the wheel of the machine determined to destroy America. It doesn't take an expert to know that a man from much more common means used his intelligence and hard work to reach the pinnacle of the American dream. The first clearly exemplifies everything that is wrong with today's America. We must put our faith in the man that exemplifies the American dream from his own humble beginnings and hope that he never forgets his roots to keep that dream alive for the rest of America.
It doesn't take higher education or an expert in his field to see this truth. Just a little commonsense on behalf of any hard-working patriotic American of the slightest means.
Pretty futile for Obama to demonize and bash Bain when he, himself, has hired several former executives and administrators FROM BAIN CAPITAL to work for him. Does Obama think people are stupid, and don't remember that bit of fairly recent information?
And all this 1%'ers talk. Those 1%'ers are Obama's best friends. He only uses the middle class and poor as accessories. We middle class can't help but wonder why these fat cats and Obama don't use all that money raised to feed the poor, take care of our veterans, our unemployed, instead filling Obama's coffer so he can fly around to MORE fundraisers.. Suure he's doing it for we "little people". He's doing it for POWER and to feed his ravenous ego. He's such a hypocrite.
At $40,000 a seat who is looking to the 1%. The "middle class" is convenient when one needs votes but forgotten when one wants money. Wasn't there something in 2008 about Obama promising not to take Federal funds for his campaign, which, after playing the poor guy, he grabed.
You are a contestant in a game with rich rewards to those you respect and swear allegiance. Cheating to score valuable points has become common-place. You try to become a champion by swearing off cheating in hopes to embarrass your opponents and lead the way for cheating to become a thing of the past. Your opponents have no pride or values and double up on their cheating.
The contest swings heavily in their favor. As distasteful as it may be, you must resort to their tactics to remain competitive. You realize that losing the contest will make you powerless to ever destroy their devious plans. You must rise against them while using their own methods to ever have the opportunity to ban cheating forever. Such are the facts of life.
The logical folks attempting to explain that Obama has spent us into a AAA- credit rating with NO RESULTS are whistling in the wind. These 'die hard' Obamites are attempting to keep their handouts at any cost, including that of our children and Country. They are greedy and mean spirited Nothing will prevent them from lazy self-preservation. Simply vote Epic Fail Obama OUT....the end.
Nothing worries me more than the thought of Obama leading the country into MUCH GREATER DEBT for 4 more years. He has no game. Change in November. This is your country, vote to save it. The man has campaigned the WHOLE TIME he's been in office.
How about a little REALITY, msndc?
First of all, Obama is going after Romney for Bain? That's a joke, right?
Bain execs have given far more money to Obama than they have to Romney.
http://thehill.com/homenews/senate/205025-dems-receive-more-bain-dollars-than-gop
SECONDLY, Obama just 4 months ago appointed Jeffrey Zeints, former Bain executive, as the head of his Office of Management and Budget.
Obama is such a fraud and a hypocrite.
Only Fake Liberals support this Wall st. warmongering police state President.
Romney created jobs as governor? Fact during his time in Mass the state fell from 37th in job creaton to 47th at the end of his term, even worse than Alabama and Mississippi. He raised fees at State Universities over 600%! Yeah great! His record is nothing to promote.
During GWB's term, there was some job creation, but it was in the PUBLIC sector; private sector jobs were in the negative. So he did what repugs supposedly hate, EXPANDED the fed govt. Obama on the otherhand has decreased the public sector and increased the private sector job creation.
Hmmm....BAIN vs Solyndra?
haha Barry, you are too funny! YOU wasted TAX PAYER MONEY and they STILL went bankrupt!
Bain Capital is one of the world's leading private investment firms managing approximately $60 billion in assets
When you got nothing you can hang your hat on all you can do is deflect, lie, obfuscate, and pander.
What a prick.
Well it appears fact check will have a field day with the latest Obama ad attacking Romney's Bain Capital career. But no surprise all the Obama supporters dove on it like they had first hand knowledge. I wonder how many times Obama mentioned it last night at the Tony Jones from the Blackstone Group fundraiser which cost 35,800.00 per plate. Those evil Wall Street types by day, with pockets ready for Obama to pick at night.
Nothing like having a president that can pretend to care, pretend to take positions, and pretend to have been successful in his first term. Obama supporters will latch on to anything he spews. Like same sex marriage, which Obama supposedly supports, just not enough to go after federals laws on the subject. So really what does the Obama evolution mean again? Oh yeah, absolutely nothing. Which is par for the Obama presidency.
Interesting... deriding the "almighty dollar" tells me a lot about your mentality. Money is one of the noblest inventions of man. It allows us to trade our best work for somebody else's best work objectively, without having to barter goods directly. The value of each of our efforts gives it its value. Anytime you hear someone deride money, beware, they're a parasite or a conman. The people who earn money value it. The people who insist that making a profit is evil are the ones trying to con you out of it. "Tax the greedy" is the oldest scam in the book.
Solyndra application was approved under Dubbya, folks! Yes, it failed. Since when has Vain (yes, I said it) Capital invested in a company implementing new technology? Here's a hint--NEVER. Vain Capital is only interested in businesses that it can forcefully take over, that's what a leveraged buy out is, suck all the value out of and abandon to bankruptcy. Bain Capital is a Vulture Capitalism company, feeding like a vampire on its unfortunate prey.
Olde Sarge
Then how come 80% of the companies Bain invested in are still in business today?
I call Bull @!$%# on Olde Sarge and flag him 15 yards for restating partisan talking points.
Rat
Old fat guy - look it up yourself, if you know how to use google, you lazy knucklehead.
Any monies invested and risked by Bain, was their money. Not the taxpayers. And Bush said "no" to Solyndra.
HEY, HEY, HEY, what's this all about anyways?! everybody knows (you should to) that this smear campaign and smut advertising is a desparate attempt of the COS to get re-elected! don't be misled by bananarama's seeking to dredge up false stories and rumors about his highly qualified, quite capable and more serious opponent, Mitt Romney. Mitt Romneys record speaks for itself, his is driven to clean up the mess banana made and get this country back to rights. banana is compromising his ethics, his morals, his common sense and his beliefs (threw everything into the pot) to get re- elected. we have to ask ourselves, is this what we want? can we afford another 4 years with banana? haven't we all suffered enough, learned our lesson, been thru enough these past four years? why is it that now, at the end of his four miserable years of misleadership, does banana want to DO SOMETHING FOR THE MIDDLE CLASS? why are we all of a sudden important to him? if banana was concerned about the MIDDLE CLASS, he would have spoken and done what was needed for us at the beginning of his administration, not at the end. we voters need to take all this into consideration when we are at the polls! i don't place confidence in any official who feels the need to demean his opponent, to create sny remarks suggesting a private hidden agenda and more. i want the president to be someone i can respect and know he will work for me and my future, not compromising, not turning a 360 degree circle when forced to reveal an issue from his oath which he swore when elected. banana is like a reed blowing in the wind, his administration shows this to.
the other day, when VP Biden was "talked" to about the fact where banana revised his support of gay marriages, Biden was expected to take the heat for mis-speaking about the banana. when all along, banana and his campaign staff hoped this issue would not surface, holding banana accountable. remember?
well, it surfaced anyways whether by Biden or someone else. daily we voters are given a clearer picture of banana and his intentions, his real motives, his real desire, which is not for the American people, he is false and expects to hide behind innuendo's and behind his campaign's back until after November. We need to see him for what he is, and get him out of office in November, its time to say NO TO OBAMA!
and no invitation to the white house for a beer can make me change my mind.
Mutt Romney is a lieing sack of chit.
Some clarifications ....
@Mike #1.15
As soon as you start stating what "I advocate", you lose all credibility and the rest of your baseless argument goes down the toilet where it belongs. You do not know what I think or what I advocate, so the rest of your post has no cohesion. Congress approved the two useless wars. Furthermore, businesses facing decreased revenues find ways to cut back spending when revenues are down. Obama's answer is to keep on spending.
@KaneLV,
Mark Twain once said there are "lies, damned lies and statistics". You have desperately jumped to category #3. Obama's deficit additions, in real dollars, are already more in less than 1 term in office than George Bush had in 2 full terms ... so your weak attempt at comparability. Also, during Bush's last 2 years when deficits were the greatest, the Democrats controlled both the House and Senate.
So trying to validate fiscal insanity by saying Obama's percentages are not as bad as Bush's percentages is simply distorting reality because you are comparing 1 term versus 2 terms.
Well said REB. I don't think I've ever seen a more eloquent defense of VULTURE CAPITALISM.
"When they show you who they are...believe them!"
itgranny, Carl, upset......
I only question where Michelle Obama is practicing law as Carl stated.
itgranny provides a link that explains exactly what I thought: she does not practice law, never has practiced law in the last ten years and does not currently hold an active law license.
Now quit the disparaging comments toward folks that question bull poop
CarolC123,
Don't confuse the issue with pertinent facts! Romney supports don't want to hear that. They are just looking for some lame excuse to support him anyway, so it makes sense just to accept the spin without checking into the detail.
Romney is bad news for the middle class. Not because he has any agenda, he really doesn't and is so out of touch with reality that he will rely solely on his handlers who will steer him into policy which is all about helping the rich get richer. The guy panders to everyone he can think of in the Republican base, but the Tea Party folks have more chance with Obama than they do Romney. Beyond getting their vote in November, neither Romney or the Republican power brokers have any use for the Tea Party and their agenda. Any time Romney has to freestyle, it is obvious this guy lives in a different world than the rest of us. He has no clue what normal people go through everyday and he has little knowledge of world politics too. This guy still thinks we are in the cold war.
We still have six months to go. I will be surprised if the anti-Obama crowd will be able to truly embrace Romney once they learn what an idiot he is. Some will vote for him simply because he isn't Obama, but they really won't support him. Many people are pretty clueless because they blame Obama for everything he inherited and complain about fictitious policies that don't exist. The think that Obama has steered to country for the last three years without realizing that Republicans have road blocked virtually everything he has tried to do. Most of these people are just relying on an old truism that says Republicans are good for the economy, but obviously they haven't been paying attention over the last three decades. If they had, they would see the fallacy in that "truism".
Another false truism that will probably garner some votes for Romeny is that government needs to run like a business. In the last decade we have seen the results of that approach in more than a few States who are now in debt up to their eyeballs, rely heavily on Federal funding, have destroyed their education system, stagnated wages, eliminated programs and services, and made life tougher on the middle class. Hopefully people will wake up and think about why their lives have gotten harder and realize that it isn't from government intrusion or higher taxes at the hands of Democrats. Those things simply haven't happened. When government is run like a business, the middle class is not playing the role of stock holder, they are playing the role of abused employees. Business is about creating wealth for the owners, not the employees and the average citizen sure isn't an owner in that analogy.
If Romney gets in, his first moves will include bankrupting the Post Office and laying off some 200,000 employees. He will then pass the savings to millionaires. How this will improve the economy, God only knows. Austerity has not and will not work in Europe, and it has not and will not work in this country. Don't let Bain Capital run Washington!
Obama/Biden 2012!
Exactly how do you close the Post office, which Romney won't, and pass the savings on to millionaires? What nonsense.
Anybody but Obama in 2012.
bearbryant, it's like this. In the 2006 lame duck session while Bush and the GOP still controlled Congress and the White House, the GOP passed legislation which required the US Post Office to put 75 years of pension funds aside in 10 years. NO PRIVATE BUSINESS or any entity has ever been required to do that. That GOP law is why the Post Office is having the problems it is. While you may wish to believe that the GOP and Romney would never do that, they would like nothing better than to privatize the Post Office along with public schools and anything else they can get away with privatizing. One only needs to watch what they do, not what they say.
Jody, most of what you say is untrue, but for the sack of argument let's say it's true, now how does that help millionaires again? Stay focused.
Jody is exactly right.
In the space of 5 minutes the US post office went from profitable, to record-breaking losses. I challenge anyone to put aside 100% pre-paid 75 years of retirement in 10 years.
Even -GOOD- pension funds don't do this. It's 35% in 25 years. That's a big difference.
This charge was directly led by Rep. Issa.
And it has nothing to do with 'savings'. Cut out the post-office, #1 provider of all items they're allowed to ship (they can't ship some larger boxes because congress said so. Because it would be 'unfair to private enterprises'), and cut it up. Sell it off to UPS and FedEx, both private companies.
The 'savings' won't save you a penny. It'll cost you a fortune. BUT.
The shareholders of FedEx and UPS would make that fortune out of your wallet.
The only thing stopping it now is the Democratic Senate and the veto pen.
The millionnaires are the FedEx and Brown executives and owners who will reap the windfall, while they drop unprofitable services and turn a blind eye to drivers throwing packages in swimming pools. Without any alternatives, a LOT of small businesses may fail.
But who cares, really?
The TRUE nonsense here is how the Republican Congress artificially created this crisis by arbitrarily requiring the Postal Service to fund its pension plan fully for the next 75 years, but gave the PS only a few years to do it, placing an incredible financial burden on PS that has sucked all its profitability right out the window of those cute little trucks.
No private company would ever be held to that standard. The entire purpose of that requirement was to force the Postal Service to go belly-up so it could be privatized.
But I'll bet you like that idea --
And in a little while, Brown and FedEx will have their hands out, whining about how they're being asked to do all this undesirable and unprofitable work, and demanding federal subsidies.
And no doubt, they'll get those subsidies.
As America's new motto becomes --
How exactly was the Post Office "profitable" when they were not contributing a dime towards their employees pensions?
Remember when they changed their logo and spent a fortune doing it? Other people's money......
Hello, the Post Office is already bankrupt thanks to the internet.
News Flash - Post office is already a bust.
News flash, the post office has being going toward a bust for a long time. My father-in-law, all his brothers and some of their sons all worked for post office. Too many employees, early retirement, bloated pensions, and now significantly less business due to online bill pay, banking etc....
Bear Bryant,
If the Post Office closed it would probably make Fed Ex and UPS the two largest companies in the world. The executive officers and major stock holders would become among the most wealthy people in the world. Two hundred thousand people would be laid off cheaper labor without pensions or benefits would be brought in and you can bet your ass operations would be moved wherever cheapest regardless of the effect on the product. Just like when the healthcare industry became for profit in the early 80s under the guise of competition initial public savings may be seen but eventually services will be cut and costs will increase exponentially. Some industries which provide a public service should never be privatized it simply doesn't work.
jkh
Have any of you people ever spent time abroad? The US postal service provides remarkably extensive, inexpensive and efficient services for their users compared to anywhere else in the world. Post offices elsewhere receive self perpetuating revenue by acting as savings banks for small savers. The GOP has been assaulting the post office for 40 years spending enormous time and money convincing the public that all government workers are lazy and overpaid. Privatizing the post office would have the same effect as privatizing healthcare. It will create enormous wealth for a relative few stock holders and economic misery for hundreds of thousands of US families.
jkh
The post office needs serious changes to survive. Is anyone in the current regime or congress doing anything to stop the bleeding? Sometimes you have to do serious surgery. You cannot keep funding the PO or any company who is not and cannot be successful. And in the case of private business, they only exist to create a profit.
lulu98 -- "Regime," hahaha, no bias there. Go back to school.
The Post Office does not take a dime of tax money. It is completely sustained with the sale of postage. Because it is non-profit, it is able to provide many services (e.g., passport photos, etc.) at a lower price than the private sector, and will provide service to rural areas that are not profitable.
If the US postal service was privatized, the cost to everyone including businesses would skyrocket because UPS, FedEx, DHL would not have too be as competitive. Oh, and then let me guess, the Teapublicans would argue for deregulation to solve the problem!
As pointed out above, health care costs would come down as well if we had a non-profit government health care provider. The rightwing are so arse-backward on everything, from "taxes pay for themselves" to "the market corrects itself" to "trickle down" tax cuts for the rich -- With Paul Ryan Hood in the lead. Take from the poor to give to the rich, and the military industrial complex and perpetual war -- whoohoo! (Idiots.)
Oh no, we certainly cannot point out the vulture capitalism of someone "who likes to fire people" and "I don't worry about the poor". Rombot's Bain model was to leverage a company, take the money and drop the debt on ...well, whomever. That is completely fair game to discuss within the context of how Rombot would demolish the middle class.
Just remember what Grover Norquist says,"Pick a Republican with enough working digits to handle a pen to become President of the United States. We want the Ryan budget...We just need a President to sign this stuff. The leadership...will be coming out of the House and the Senate." Well, hell Republicans, don't elect Rombot, just elect a cardboard cut out, 'cause it seems like that's the plan.
Rombot.Has.Nothing.
The post office isn't going to close under Romney.
The red ink isn't all the Post office's Fault, it has been the regulating of it. Washington oversight permitted them to have the best wages, the best benefits. When that started to cause significant problems 10 years ago, the Postal commission axed millions in stamp increases.
Then the internet started cutting out letter mail, and more recently online, banking and Bill pay have taken an even larger toll on volume taking away any hope of immediate profitability.
The Postal service wants to turn back to the days were in small town america, the post office was a window at the general store, grocery store, or Drug store. This is where it needs to go. But, the washington is going to delay this significantly, keeping the operating costs too%
Thank You to Jim Hayes-375865 from saving me from having to explain it to the plonkers on this board.
They want to privatise everything - because then they will own everything (or know someone who does or sit on several boards collecting dosh for voting the right way). All for the pursuit of mone - em - Happiness, yeah....more and more and MORE happiness.
@TruePatriot. Perhaps you should get your head out of your a$$. And while you are going on about Obama and how he cares about the little people, maybe you should ask him how his fund raising at Blackstone went. He is a hypocrit and people like you who lack analytical skills fall for his baloney. I fell for it once. That will not happen again. As to my schooling, everyone can improve themselves. That said, I worked hard to get a M.S. in Engineering.
Well the ignorance of this vine is amazing.
According to the United States Constitution, 1787, Section 8 -
When this language was written there was no internet, no phone, no email, no other means of communication except by private courier. The framers also understood the need to communicate as a key link between the people of the states they were trying to unite.
So congress has the counter right to de-establish the Post Office. Not the president.
So Romney as president cannot close the post office.
Furthermore, we have no requirement to have a post office for every town by minimum population. In fact, we have no requirement that says we need more than 2 offices. Congress passes the budget (also in the Constitution) and they set the budget for the Post Office. They can reduce funding and it would be hard to argue against that.
Further, we'd have to amend the Constitution via an amendment to eliminate this language from the Constitution and good luck with that.
What is interesting is what is not in the document. No where does it say the Post Office employees had to join a union or to have a pension. No where does it say they have to be rude to their fellow citizens. No where does it say they have to have their very own vehicle design. I can go on and on.
For those claiming it is unusual for a pension fund to have to be funded in such a short term. This is utter BS. What the change to the law was that it required companies to show the long term pension and benefits liability on the balance sheet.
Like the Unites States has a debt of $15 trillion but its liabilities are greater than $56 trillion. This is called disclosure and is a good thing.
The company I used to work for (a really big one) went from a severely unfunded pension liability to a fully funded pension in 10 years. $27 Billion in total. Isn't that what we want? Full disclosure and full funding? Anyone arguing against that is a fool.
@true patriot who wrote:
Why do they even exist at all? Because of the ineptness of the PO? The Post Office failed to meet the needs and left a niche market big enough for multiple companies to fill. Let that settle in.
Furthermore, unless those private companies collude which is highly illegal, then why would they drastically raise their prices. They already have their own competition. And if they were to balloon their prices what would happen? Less junk mail. More e-mail. Fewer payers.
You democrats just do not have a clue about economic fundamentals. When demand increases prices rise. When prices rise, demand decreases. When demand decreases, prices fall. When supply decreases, prices rise. When supply increases prices fall. Under what pretense other than collusion could the prices increase?
As far as privatizing the Post Office goes, who says you don't just keep what you have and make a private company out of it. Sure changes will occur. Prices will fluctuate at first and then they will stablize.
How many letters do you mail each year?
I send less than 50, probably closer to 30 a year. All my bills are electronic and all my payments are electronic. Why do we need to fund a bloated Post Office again?
Bear Bryant - Don't act so shocked. The Republicans have tried to privatize everything they can from Medicare (Paul Ryan) to your 401K retirement plan (G.W. Bush). Had the latter happened, all the selfish, I-got-mine, angry old farts who tote the tea party nonsense would be eating cat food instead of living the high standard of living they hope to deny younger generations. Yet, this is clearly beyond their ability to understand (or perhaps not as powerful as their hatred) and they continue to support the same politics, blind to the idea that they would have lost everything if Dubya got his way on this one too.
Obama's class warfare strategy is a loser.
The PO loses BILLIONS every year, yet you Dems want to keep pouring money into it hand over foot for what reason? This mentality is mind boggling
I love how Obama supporters tout what Romney will do on his first day as president. Romney will close the post office, take food from the mouths of children, pollute the air and the water, start five wars, start drilling everywhere for oil, end the EPA, start of a 36 day work week, ban water saving toilets, make it illegal for women to see a doctor, and let all of the 1% keep everything they earn while only taxing the middle class. Then on Romney's second day...
If the Post Office is so unprofitable, how did they manage to accumulate almost $50B in their pension fund in just a few years without taking a dime from taxpayers? They now have enough to pay for the retirement of employees that have not been born yet, much less hired. Unfortunately, too many Americans don't know the facts and are working with distortions from politicians whose main interest is privatizing everything and disarming the Democratic Party by cutting off contributions from labor unions.
Have you ever thought about the source of most of the money owned by people with healthy 401K and IRA accounts that now support corporations? I'll give you a minute to think it over. It came from a healthy middle-class with job security, decent wages, benefits and retirement pensions provided by unions and sustained by those politicians that backed the unions as well as a healthy middle-class.
That window has rapidly collapsed since the advent of "Trickle-Down" or "Voodoo" economics initiated by the Reagan administration so many decades ago. The middle-class now faces serious decline and eventual extinction as the once healthy middle-class members continue to age and represent a dying breed of citizens. Where will the mighty corporations turn once the last of their most powerful contributors turn to dust?
Their path has been as clear as the amazing photographs of far, far away galaxies presented by the Hubble Telescope. They have used their ever-increasing wealth to buy the prostituting members of Congress willing to sell out America for pockets of gold. Those whoring representatives of the American people allowed the mighty corporations to off-shore our most productive jobs overseas by enacting lucrative tax benefits and loopholes to actually increase their profits while using slave labor in India and China. The partisan U.S.S.C. then got into the act with their "Citizens United" decision granting mighty corporations the same freedom of speech rights assured by the Constitution for individual Americans. Our very wise founding fathers must surely be turning over in their graves.
It doesn't take a college professor, political scientist or financial economic expert to analyze our current state of affairs. A fairly intelligent 10 yr. old 5th grader can see the writing on the wall. Explaining our current dilemma, that 10 yr. old child can tell you that a man born into wealth using his great inheritance to produce greater sums of money only by money has produced nothing. That same man hides his great fortune in the Cayman Islands and uses capital gains as the means to pay a much lessor tax rate on a $20 M annual income than a producer of actual goods as he earns an annual $50k income (by the sweat of his brow) and pays a much higher rate of income tax.
It doesn't take an expert of any kind to see that such a man is a cog in the wheel of the machine determined to destroy America. It doesn't take an expert to know that a man from much more common means used his intelligence and hard work to reach the pinnacle of the American dream. The first clearly exemplifies everything that is wrong with today's America. We must put our faith in the man that exemplifies the American dream from his own humble beginnings and hope that he never forgets his roots to keep that dream alive for the rest of America.
It doesn't take higher education or an expert in his field to see this truth. Just a little commonsense on behalf of any hard-working patriotic American of even the slightest means.
No, Weiser, what's mind-boggling is that an American citizen can be so poorly informed that they don't know why the PO is losing money and don't know all of the freebies that they are required to give their competitors. I won't waste my time doing your research for you. Read about their pension funding- required by the GOP. And then read about what they are required to do if they have any unused space on a flight carrying their cargo. UPS and Fed-Ex get freebies when the PO has unused space. But the PO still has to pay for the increasded fuel to fly UPS's freight. Really...you Nazis have gotta start doing some reading. Do you guys know anything at all about your government?
why is it the COS never sought the feelings of the rest of US Americans as he was deciding to lead us into socialism? i have seen over the past 4 years where he met with a few, very few, but why is it especially now as he is supporting same sex marriage he has not thought to ask us? is he coming out of the closet himself? has he always been gay, and now wants the chance to have a man instead of his wife michelle? most of all, how does she feel about this, she seems to be caught in the middle to.
when obama was first elected, i thought he was right for the job and he would be a true COS but just months into his administration, uh oh, he made me question, especially when he started inviting folks over for a beer.
as i followed him (as good American's do), another picture evolved. this being a distant relative who sought citizenship because she was his great-aunty and what else?
then continuing with him not listening to his own cabinet? what does that tell you? in his own words he said, you work it out, leave me out of it. this is horrible coming from a duly elected person holding the highest office in this country..........! he was not there, he left. the dangerous problem i see with him is that he has his own set of comrades who he listens to and not his government. who exactly these cronies are, well some of them we know, but they are selling us out.
now that its re-election time, obama is pulling out the stops, saying things now that had he said 4 years earlier, would have been more believable. what his words are saying now, 4 years later is that the problem still exists and he did not fix it, he did not find a solution, he did not give a better direction, as a matter of fact he has done nothing. but wait, what has happened is that the "racial" issue has evolved; at the beginning of his campaign for re-election, certain judicial figures and soldiers alike were bold enough to speak their mind. instead of obama inviting them to the white house for a beer to talk things over, he allowed them to be punished for freedom of speech.
obama is a socialist and wants to take this country the same way. he says he is a christian but promotes homosexuality. how can this be? i wish some one would ask him the question so we can get a better perspective of how far he wants this issue to go? does he support this if his own daughters want to marry a homosexual? i really would like to have an answer to this question.
You should probably ask Dick Cheney. He'll likely invite you on a hunting trip to discuss your question in detail.
Wayne,
you are getting more pathetically clueless by the day. The Postal Service claims it is a private sector company. Therefore, by definition , it is bankrupt, because it is losing billions.
Why ? No one sends snail mail any more. Is that Mitt Romney's doing?
If we dont "lay off ' any employees, then we pay 200,000 employees to do nothing. Should we have kept the Pony Express riders on the payroll, back in the 1800s ?
Pass the savings to millionaires? What are you blathering about, you socialist airhead?
Obama's girlfriend in his book is a composite, "Julia" is a composite, obama is a composite. Who knows anything about him except his spends so much of our money and him and his family go on a lot of vacations on our dime. What he wants is to collapse our economy so it can be rebuilt as a total socialist model.
FYI obama got more money from BP and Wall St. than anyone else...who is out of touch with middle America? By the way, student loans will go up double after the election. Google it.
its hard to grasp that we have a COS that has sympathies towards SOCIALISM. if banana gets re-elected, we might as well take the flag down............!
"the Obama campaign is betting that diminished faith in major institutions – and outright skepticism toward Wall Street and the rest of the financial sector – might be enough to stave off Romney’s attacks, especially if they can link the former buyout guru to the excesses of corporate titans."
That is called "poisoning the well" ..incredibly cynical class warfare, dangerous and hateful.
At least the Obama campaign is admitting that they were trying to diminish faith in major institutions for political gain. It sure explains the sad state of the economy under the slowbama recovery. Who knew it was on purpose. I guess that explains why there were no shovel ready jobs or a summer of recovery after they spent time bragging about it..
Rocco: At the same time he is fundraising with the millionaires. He's not just a regular guy, he is our President parading around like he's a regular guy who claims he cares about the middle class while forgetting the impact this recession had on the millions who are unemployed.
Vaginal Probe-But true and effective.
Bob you are an idiot if you think that the GOP doesn't have the patent on the poisoning BS. Pleas take the VA off your handle, we are already embarrassed enough to have Eric Cantor.
How do you get your talking points? is it by email or do they text you?
Remember, it's only class warfare when the poor and middleclass start fighting back.
If yalll are blaming Obama for the economy being so slow then why are you not blaming the Job Creators? they have received billions in tax breaks. Hell Wall Street has made more money with Obama in office then with any of the last 2 Rep Presidents. The sad thing is those folks that make good money is stuck because they are really the ones that get hit with the taxes. i mean those that make less then a million a yr.
Poverty is real. If our Govt continues in its ways there is going to be more crime because people are hungry and they will do anything to eat.
What most keep forgetting is that companies are not going to hire someone just because of a tax break. Unless there is a demand for their product, they are not going to hire just because obama wants them to. If they did, they would be out of business real quick. Obama's problem is he has never, repeat, never been responsible for a payroll/company etc. He was an attorney and a community organizer. He has no clue how to run a business and the people he are listening to, GE, Buffett, etc, are just using him to make money. We need to get this dip@!$%# out of the Whitehouse and he can take his millions and go away. You all seem to forget that he is also one of the 1 percent and except for his job, and his vision to redistribute the wealth, he could care less about you.
Bob, get a grip. The rich have been winning the class war you speak of for the past 35 years. Save it for hate radio will you?
"Obama's Bain attack plays into middle class anxiety"
Middle class? what's that? I heard of such a thing once, along with rotary phones and some gizmo called the VCR. Of course the middle class has anxiety, they are getting harder to find than a virgin at an NFL party yet somehow the rich are expected to pay less because they are "job creators". Really? Shouldn't you actually create a job before you claim that title? Don't we already have hiring incentives?
Detroit? what is that? Another place where failed liberal policies ruined the middle class and left us with a welfare state and crooked Democrat politicians looting the Treasury......you must be so proud.
Bob- as with so much on your side we need a couple of corrections. The us post office is a private company, set up by Congress about 20 years ago, but requiring congressional approval for such things as postal rates. So we have a private company without the ability to set its own revenue stream. This on top of Congress during Bush's term demanding the post office to Fully fund its pension, even for future hires.
I think enough to "bankrupt" most companies
There is a strong middle class here because people are paid fair wages because of union representation. You think minimum wage is middle class? Maybe in places where they don't believe the Civil War ever ended, but not in the real world.
Yes, Bob, I was responsible for all that. I did it all. I caused the riots of 1967, I caused the oil embargo...blah,blah,blah. You got anything of substance or do you want to sling mud? GFY. Repeatedly.
I never heard of ANYONE in the middle class creating a job for anyone EVER Detroit-Storm.
REALLY? I am 59 and I know for sure the US Post Office is older than 20 years.
somanvb are you really that stupid. Originally like amtrak they were government owned. Both were turned over to private companies along with strings controlling both. The first experiments in privatizing and not going well. You did say 59 right, how many years out of the cave.
Tracy, who do you think starts up and employs small groups of people? It's not the wealthy, it is the solid middle class.
If it's privatized why are we bailing them out???? Close some - it is crazy to keep them open to send me a bunch of junk!!! And it's an election year and who knows how many promises we will get and how much is change we will ever see!!!
Middle class should have the ability to finance a home, a vehicle, save for retirement, raise at least 2 children and have a little cash left over to circulate into the economy.
I'm technically lower middle class and I can't do any of those things.
If you want four more years of Bush policies vote for Mitt.
Republicans didn't time the economy quite right this time. The crash wasn't supposed to happen until Obama came into office, so let's do the next best thing, block anything and everything that the President wanted to do and hope the majority of people will blame Obama for the failed policies of the Republicans.
Detroitstorm: I'm confused, first you say you don't recognize a middle class and that obama is destroying it, after your rhetoric got challenged you claim that there is a strong middle class in Detroit, you further say it is do to the unions. You do realize that Obama and the democrats are pro union, remember the foxnews/ republican talking point is that Obama's bailout of the auto industry in Detroit was a failure because it gave to many concessions and ownership share to the UAW union. You do realize the republicans are anti union, just look next door in Wisconson and Ohio. You realize that Romney didnt want the auto bailout saying let Detroit fail, you know with all those union jobs. Romney was for the bank bailout, saving millionaire bankers' retirements and golden parachutes. But hey don't let facts get in the way of feelings/opinions/ rhetoric.
While Romney headed Bain Capital, they systematically destroyed many companies which were profitable BEFORE Bain bought them. Romney might have business experience but vulture capitalist experience is not what this country needs in a leader.
Chuck Todd questioned whether or not Romney would have a better answer than he did when Gingrich attacked Romney about Bain. Well, too bad, so sad. Mitt Romney has been running for president for five years; his failure to have responses to criticism over issues he and his campaign staff have known would come up for five years shows poor leadership.
President Obama's team is right to go on the attack and pointing out the truth about Romney.
Which companies Jody, which companies did Bain destroy that were profitable?
Dade Paper comes to mind
Here are a few:
"The company raided Armco Steel ... in 1993. Armco Steel had been operating since 1888 and at its peak employed 4,500 people. Bain took a dividend payout of $36.1 million dollars, at the same time their pension plan was under funded by $44 million. Armco Steel went bankrupt less than a decade after Bain arrived and because of the way leveraged buyouts are funded, Bain did not have to pay for the union pensions to which they helped themselves. Instead, the union had to be bailed out by the government, but only at a fraction of the original pension payout to the members.
Romney left Bain in 1999.
bearbryant,
You need to take your houndstooth hat off to understand libtards. You see, what they believe or "want to believe", or just plain "make up" is defined as "fact". Now the "fact" that Romney was no longer with Bain is irrelevant, because it is a "fact" that they want to lay blame at his feet, just as they have been blaming Bush for everything for some 3 and a half years now.
Now IF Obama were to be re-elected, they will simply have to "double down" on the blame game as we head toward a financial cliff. Obama rides with unicorns, tooth fairies and Pete the Dragon so he absolutely is responsible for NOTHING THAT DOES NOT WORK ..... and that is a "FACT" in the mind of libtards ! LOL.
Jim-all of those examples from Heartlight3 are prior to 1999. Your serve.
fuzzy -- more detail please. i went to the dade paper website and found this:
Today, over 900 DadePaper associates service the entire Eastern United States, Puerto Rico and the Caribbean from 8 distribution facilities and 12 sales offices. Although the company has grown by leaps and bounds in the past 70 years, the core values of the founders still hold true. DadePaper will provide customers with the best products and service possible, continuously striving to exceed expectations.
Apparently you failed to observe bankrupt dates quite some time after he left. Even then, unless you had studied at least 5 years of financials and done and in-depth market analysis of the company, you would have no way of knowing whether they "would have survived" or not.
heartlight -- did you get this information from the obama campaign website romneyeconomics? i would not consider that to be a reliable source for this information.
Romney, you lose.
Actually the ad is a lie, Romney left Bain 2 years before that plant closed, and 17 steel mills closed that year do to foriegn interests dumping steel on the US market,, Im sure the US automakers at the time enjoyed the cheaper steel. Also for you Obamaites,,, Obamareceived more money from Wall street in 08 that any other presidential candidate in history,, so you liberals quit lying all the time and creating class warfair when you have yourselves to blame.. thx
The lefties have nothing and niether does Obama and his posse. They will do anything,say anything to stir up class warfare and race warfare. Let's hope that many are not easily fooled this time.
President Obama and the left have a whole lot more to offer than Mitt Romney and the right. All Romney offers is another round of Bush policies and we all know how well that worked out--total economic collapse. Depression renamed the Great Recession.
Jody, Show us where Romney said he is offering Bush polices.
Jody you are all Party line and no substance.
Anybody but Obama in 2012.
Obama will do anything for a VOTE. Sad, I was under the impression that the POTUS worked for everyone, not just certain classes of indiviuals. Are we not all in this together??? It's the ECONOMY! All the other issues will have their time and place. I have never seen such a huge racial divide in this nation. Time for a real change.
Tina what a sad song you have there. Made out of vinyl and warped.
Tina-Obama got Osama and saved GM and Chrysler. He never caused American workers and their communities to go under. Newt Gingrich's Superpac did this little ditty-give it a look-kingofbain.com
The Navy Seals got Obama so that argument is really getting pretty old and thin.
GM went through bankruptcy anyway, has not paid back all loans yet, and the bondholders and shareholders of the company were SCREWED by the Obama administration in favor of unfunded union pensions ..... it was nothing more than a contrived "bailout" for unions.
Chrysler went bankrupt, did not pay back billions in loans, and is now owned mostly by FIAT, a foreign company
jim,
Chrysler Group has repaid $7.6 billion US in bailout loans and interest it got from the Canadian and U.S. governments after it filed for bankruptcy in 2009. The automaker said it has completed payments of $1.7 billion to the governments of Canada and Ontario and $5.9 billion to the U.S. Treasury. It originally borrowed $5.1 billion from the U.S. Chrysler paid an additional $800 thousand in interest.
http://www.huffingtonpost.com/2011/05/25/chrysler-government-loans_n_867108.html
Duh, they are the EXACT same policies - more tax cuts to the rich. It's all trickle down (failed) economics, give to the rich and take from the poor. Ramp up a war in Iran, repeal the HCR (which will make the deficit go up even more), cut government jobs (raising unemployment) and get to business limiting the rights of certain groups of Americans. That is what republicans want to do. Oh, how can I forget, they also want to start privatizing Medicare and Social Security. That is republican/Romney policy in a nutshell.
Haven't you been listening to every word out of Romney's mouth. He is talking about Iran and that means nothing good for America. More war mongering anyone? Romney is talking about more tax cuts for billionaires just as the right wing always spouts as the only solution for anything. Republicans have attacked Planned Parenthood, women having free contraception, protecting women with the Violence Against Women Law and against every jobs bill that President Obama and Democrats have worked on. Romney has no problem with more deregulation and more demonization against kindness that the Democrats show to the poor, disabled and our young.
@Dennis,Columbus,Ohio #7.9
Thanks for helping me re-focus and YES you are Partially CORRECT. According to Politifact, however, it never repaid $1.3 billions in loans to the "old" Chrysler Corporation before it FILED FOR BANKRUPTCY protection. Of course, FIAT now controls Chrysler.
www.politifact.com/president-barack-obama-campaign-video-says ...
Last I heard, GM still owes like $34 to $35 billion and their stock is now worth less than "cost" of stock owned by U.S. government.
Slightly off topic, but not really, I was incensed this weekend to read about the Facebook partner who is renouncing his American citizenship ahead of the IPO sale, in order not to pay capital gains tax.
It reminded me of Romney's boast he pays less than 14% of his earnings in taxes "and not a penny more!" When did it stop being patriotic to contribute your share to the greatest country on earth? I'm sick of billionaires taking all that America provides, world class universities, research facilities, security, infrastructure, not to mention freedom, then, refusing to pay their fair share of taxes.
Amy I agree. I too am sick of the 49% of Americans that pay no income tax at all.
bearbryant, you need to get your facts straight and stop ignoring the reason for it--they don't earn enough income to pay it!!!!!!! Those 48% do pay taxes and they pay a far greater percentage of their income in taxes than do wealthier people. They pay state income taxes, sales taxes, local option taxes, payroll taxes, gasoline taxes, etc. The question every conservative should be asking is that why, in this great country, do we have so many people living at or below the poverty line.
So some one that makes $18,000/year should pay 30%? that would lower their earnings to $12,600. There is a huge difference if you are living paycheck to paycheck. Go ahead and do it, see how many people turn to crime to support themselves. Then you will be supporting them in prison and you won't get any of it back. I'm not sure what fantasy world you live in, but we all pay taxes on our goods, gas, drivers license, etc. Quit with the "poor me, I pay sooooo much and poor people don't pay anything". Don't want to pay? become poor. It ain't a picnic.
What a true Socialist you are. I should make less then I wouldn't complain about my taxes. See, that won't work because I am paying the taxes of underachiever's like you.
I'm afraid not bear, I pay my taxes. Take your dogwhistle routine somewhere else. And that isn't socialism, its economic fact. Taking $5 from a millionaire isn't noticable, but taking it from someone that make minimum wage is a big difference.
I'm not going anywhere. Truth hurts don't it?
yes its sickening that this greedy brazilian thinks so little of his u.s. citizenship, we shouldn't let him back ever. but he's not alone, he's just one of many.
Get it right Bear...they don't pay any federal income tax (because they are poor and living under the poverty level) but why let that stop you. They pay state taxes, consumption taxes like gas...and fees for everything. Bus pass, all license fees, property tax, beer tax, camping fees, parking fees...just like us middle class folks. except it hurts them more. yea those low lifes making $10 / hr should give 25% back the government cause we need 100 new jet fighters to replace the ones we sold to our uuuuhhh allies!
Abluesman, don't bother. Bearbryant is having his little pity party about how he pays sooooo much in taxes. Let him wallow in his self delusion.
@Jody, Iowa
"They pay state income taxes, sales taxes, local option taxes, payroll taxes, gasoline taxes, etc."
EVERYONE pay those taxes and at the SAME rate.
"The question every conservative should be asking is that why, in this great country, do we have so many people living at or below the poverty line."
They should ask Obama considering more people are on food stamps than under any president....EVER.
BTW can someone explain how in the world those with a $40k Cadalliac Escalade pay their food bills with food stamps? Seen that multiple times.
The ad speaks:
"2008. An economic meltdown.
Worst financial collapse since the Great Depression.
4.4 million jobs lost.
American workers were laid off in numbers not seen in over three decades.
America’s economy, spiraling down.
The biggest point drop that there’s ever been seen in a day.
All before this President took the oath."
Except when you pay say, $2000 in Fed taxes then get a refund of $12,000, they not only did not pay Fed Taxes, they also got an entitlement from YOU (Assuming you pay Fed taxes and get less back then you put in).
I paid $14,000 in Fed Taxes last year and I got back a wopping $500 with a letter that I over paid by this amount.
Bluesman,so your argument is that the 49% of Americans that don't pay any income taxes are all making $10/hour?
Do some research and then maybe you will get it right. I already have.
Reply to #8.1....Find the 49% jobs that pay enough to survive on and maybe more would work? When you can't afford the transporation (bus or auto, insurance, and gas, how does one leave the apartment)? Just a thought!!!
Keep drinking the Lib koolaid Jody... the bottom 47% pay zero income taxes... how could that be a higher percentage than anyone??? You must have gone thru school since the dumbing down. The top 1% pays 37% of the taxes. The top 5% pays over 90%. If that's not fair, I don't know what is... You compare apples to oranges... there are different tax rates for salaries and for capital gains... the capital gains taxes are lower to a) encourage investment and b) because that money was already taxed once when it was originally earned as salary. You pretend ignorance of all this because I know your real end game... to confiscate all wealth... and redistribute it to you Liberal deadbeats
This is not true!!!! Only the gain is taxed-hence capital GAINS. The initial investment is not taxed
Hey Andie, Where do you think the initial investment came from? Thin air? Obviously, it had to be earned and taxed as income before it could be invested. When that investment results in capital gains, they are taxed at the capital gains rate. It makes sense if you think about it for more than a second or two, but President Obama doesn't want people thinking.
Romney makes his money the same way I do ( although on a much grander scale! ), he hires someone to do it for him.
Just another B.S. post, by the Obama, thug headquarters. Obama. and his failed policies? What's a failed Markist, to do. Saul Alinsky, would be proud? Well maybe not with this hack.
Arizonatime-that would be about 1930 socially. With that moniker you place yourself in a time long gone just like the ideas you post
What the hell is a Markist? And apparently you were not an employee of one of the many companies Bain Capital pillaged for fun and profit. I guess you got yours, so other retirees can go f themsleves, eh?
Hey arizonatime, can you explain what marxism is? how about how it differs from leninism, trotskyism, stalinism, communism? I'm sure it will take you a while to google it, try checking it out on wikipedia, it's simplistic but it will do. Please explain to me what Alinsky believed. You do realize that there is tons of socialism in this country, medicare/social security/ public education ect.
DIVIDER IN CHIEF. class envy, etc. classic marxism.
No, the divider in chief was Bush. You idiots just didn't notice because really, who cares about liberals. All unamerican commie traitors anyway, right? You don't get to be a part of the party that only believes half the country is really American and then call anybody else a divider. You just don't.
Hey if the Jane Fonda shoe fits....
It's really hard to tarnish a "Vulture Capitalist" after all the name itself does all of the tarnishing without any help needed. And what's really amazing is that when Newt went after Romney during the GOP trials and errors. The so-called GOP big wigs told Newt to stop it because he was hitting ole'Mittster a little to hard and that the dems would pick up where Newt Gingrich left off. So now that Mitt Romney can't use the "Mulligan" rule. He is going to have to defend all of his actions, be them good or bad. And this time it's going to be hard for him to outspend his rival. So now the game is on. But hold on a minute here, lets look at Mitt Romney for what he really is and what he's trying to do here. He is trying to become the next President of the United States... Correct... Yet again I say this. And you right wing-nuts go ahead and defend this "Vulture Capitalist" and his reasons for keeping his money in foreign offshore bank accounts. What our banking establishments aren't good enough for him. Or here's one even better. He and his political party support an industry that tanked this country and its economy. And yet even now as legislatures try to reign in their terror. He and his cohorts fight hand, tooth and nail to keep legislation off of these tricksters. So that they may continue to have free reign on our banknotes. Just ask J.P Morgan. So it's no wonder why he wants to be President yet he still keeps his money away from US soil. Maybee there is something rotten going on and he knows about it. Or doesn't he???
Go figure then go vote...
So why do you keep giving Barack Obama a mulligan on doing his job? He has not gotten a budget through congress for his entire time in office and that is not because of those awful conservatives...it is because of the Senate Majority Leader Harry Reid. Now why do you suppose that is? If barry gets a budget approved HE HAS TO LIVE WITH IT. That means he can't blame anynoe if it doesn't work!
So, Libby, no more mulligans. We toss the HNIC out along with as many of the Dems in the house and senate this November and get on with fixing the economy instead of collapsing it with more debt.
bfitz-I can't call you a Tea Bagger because that would insult tea baggers. Your last sentence is racist and repugnant. You and your comments share the same stench.
His response is nothing new, it always boils down to facts and what the repubs call facts. And if the facts don't mesh with their ideology then out come the names and other insults... Bah, they mean nothing after all nothing from nothings begets ZERO, NADA and ZILCH you nothing you...
what was wrong with him writing no budget means no reelection? how is that racist?
Fitz - just come out with it; that is, be a man and don't hide behind acronyms.
Your type has turned this lifelong independent into a democratic voter - good job.
Obama had a budget proposal every freaking year. To say so makes you an uninformed Faux News finger puppet. It's not the Presidents job to come up with a budget it is Congress's job. Get a class in civics you may learn something.
Yep, and Obozo's budget got defeated 97-0... by a Democratically controlled Senate... ha ha ha ha
Yes, you may be crazy after all these years.
A budget proposal and a REALISTIC budget proposal are two entirely, different things ! As FedUp indicated, last year's proposal from Obama was defeated 97 to 0 in the Senate without receivind one, single vote from a Democrat ...... from his own "freaking" political party !!! This year's proposal called for greater spending increases, and is so bad that Harry Reid is sitting on it.... and will not even bring it up for vote !!!!
So you can try to act intelligent if you choose, but when you spout nonsense..... everyone will know otherwise. Lose the attitude of arrogance.
jim, you can say the same thing about the republicans--they have have a budget proposal but it is not realistic and they knew it would never pass the senate.
So you can try to act intelligent if you choose, but when you spout nonsense . . . . everyone will know otherwise. Lose the attitude of arrogance.
Andie, the Ryan budget is a realistic proposal that would get most or all of the republican votes in the senate. The President's budget proposal did not get a single DEMOCRAT vote in the senate. Who is serious about doing something to fix the debt and deficit? Not the democrats, that's who.
House Dems trained to make race the issue
House Democrats received training this week on how to address the issue of race to defend government programs, according to training materials obtained by The Washington Examiner.
The prepared content of a Tuesday presentation to the House Democratic Caucus and staff indicates that Democrats will seek to portray apparently neutral free-market rhetoric as being charged with racial bias, conscious or unconscious.
In her distributed remarks, Maya Wiley of the Center for Social Inclusion criticized "conservative messages [that are] racially 'coded' and had images of people of color that we commonly see used" and proposed tactics for countering the Republicans' (presumably) racially-coded rhetoric.
According to Wiley's group's website, "right-wing rhetoric has dominated debates of racial justice – undermining efforts to create a more equal society, and tearing apart the social safety net in the process" for over 25 years. Wiley had been invited to run the Democrats "through their strategy and how they message and talk about stuff" pertaining to race and fiscal policy, a staffer for Rep. Barbara Lee, D-Calif., explained.
Oh shock and awe which democrates state county city. One point made the Republicans don't need any training on race issues since they created most of them.
No, they need to do as Joe Biden indicated and re-train those cattle guards ...... LOL, too doggone funny !
For those who are business savy and actually know the risk that venture capitalists take....
http://www.nationalreview.com/articles/288162/bain-capital-and-little-steel-mill-could-patrick-brennan#
Companies like Bain only stay in business if their sucesses far out weigh their failures.
Success at what cost, at any cost so long as it is not them.
Again you can do away with venture capitalists and watch America go the way of the Soviet Union. Do you have a better way to foster investment?
http://en.wikipedia.org/wiki/Venture_capital
Yes, raise the top tax rate back to 90% and owners will invest their money back in their companies rather than pay the higher rate or buy 6 homes and 20 cars. They will go back to the long game and stop paying themselves 500 times the average worker and go to 30 times and 2 homes.
Tracy, you really should learn the difference between venture capitalists and vulture capitalists like Mitt Robme.
Labor is prior to, and independent of, capital. Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior of capital, and deserves much the higher consideration.
Abraham Lincoln
Read more a#m6zlWVJczfoFl7ea.99
"Yes, raise the top tax rate back to 90% and owners will invest their money back in their companies rather than pay the higher rate or buy 6 homes and 20 cars"
Oh so you are going to tell them through government force what they should do with their money? Just like a good lazy liberal....making sure everyone is equal.
@crazy after all these years
Explain how Bain Capital is different than other venture capital firms. A side by side comparision of another firm equal to Bain will suffice. Otherwise you need to just admit you think all venture capital firms are just "vultures", but that is after you learn what ALL these firms actually do.
http://www.slate.com/articles/business/the_dismal_science/2012/05/private_equity_are_firms_like_bain_capital_good_or_bad_for_jobs_and_the_economy_.html
Romney was right during previous interviews he had with various media. The Obama Administration would be hateful and publish ads to discredit everything he has accomplished. President Obama is pretending that it's us against them and that he cares about the middleclass. So why are so many millions still unemployed and more people on food stamps. President Obama's message is always devisive. When in fact he's the one fundraising with the rich. ($40,000/plates) Give me a break, California is sinking in debt while the rich are support a candidate who will continue to make them richer and the poor poorer. OMG, our government is so corrupt and we need to clean it out.
BA. And no one here is doing the same thing to Obama right. The extremist right is always right and the left is always wrong right. On top of this you repeat GOP talking points that speak to there own actions, its called transference, what I did you really did not me. Get a life and open the curtains.
Yeah I don't see the middle class concerns at a $40,000 a plate dinner at clooney's being discussed. AS well as unemployment. Because if you can afford an $40,000 dinner jobs is your first concren. Sick of Obama, sick of the corruption!!!!
Republicans have counted on one thing and this thing is how they have risen to power. They count on the Democrats taking the high road and not playing dirty. Which says as much about Democrats as it does Republicans. But I keep saying this...Obama is not a Liberal. Bush had 8 years to get an old man in the desert and Obama did it in 2. Obama plays the game and plays it well. And that above all things is what worries conservative Republicans...he is not acting like a Democrat. He will not just bend over for Republican smear tactics. This President will take the fight to the Republican home field and beat them in their own house with their own bats. The Irony is...that is generally speaking the kind of man conservatives worship...except this one happens to be Black.
I really don't care about the old man in the desert. So what is that changing? Economy sucks, people have stopped looking for a job, who's going to get the US debt back in line (Obama was good at doubling it). I am an indepedent and this is not the change I was looking for. If he got our troops out of Afghanistan I would at least have some indication he wanted change. But he is a big of politician and liar to the core as any of them.
Been There he never said he would end the war in Afghanistan, he said he was going to focus on it, whereas Bush took his eye off it and went in to Iraq.
Benet, trust me when I say that the republicans do not count on democrats "taking the high road" as you say. Your last sentence proves my point by asserting that the reason republicans do not like President Obama is that he is black. Playing the race card is not exactly taking the high road. Conservatives do not like this president's policies and that has nothing to do with race.
2008 Obama (SOS - Secret of Success)
1. Past- thin record as senator
2. Present (current) - excellent communication, think and act like a statesman
3. Future - he was not concerned whether he would be president or not, as he would still be a senator.
2012 Obama (SOS -Save Our Souls, help me get reelected is his mantra
1. past - we have seen a mixed record of past 3 yrs. compromise after compromise, statesman quality is zero, politician is 100
2. Current - diverting the talk on bigger issues such as economy and regulation and unemployment, talk more of social issues such as homosexual marriage
3. future - he is very anxious to get reelected
Simple facts emerge: his record is mixed, he does not want to talk about real issues facing real people, lot of talk, less action. compromised after compromises. Exact same style as Bush (spend, war, use more drones to kill innocent people)
Bush and Obama are very similar presidents. Will he get reelected in 2012 the same way as Bush did , by touting his foreign policy successes?
or Should Romney be given a chance to see what he can do to the nation?
As long as Romney doesn't sell weapons to Mexican Cartels - what else could he do that Obama hasn't already done?
No-Romney would pay his investors (corporate contributors) with more of America. They already control too much.
And Obama has his Corporate contributors. The middle class is screwed.
Fortunately for Obama the US doesn't have to worry about going bankrupt and everybody being put out of work. If the Feds want more money they just print some!
Just one question for the Obama Administration; who in the he!! is running the White House.....and our Country? He's never there. He's out stumping every day and attacking Romney. He can't run on his record, nor accomplishment's, because 70% of the voters, don't think he has any. Now he's criticizing Romney on his business acumen. Tell me how, and why should anyone listen to him? Obama has zero experience in that sector. Is it because his Socialist, Harvard Professor, Czar's tell him to? I don't get it, I truly do not get this guy.
I have to agree with you.
I really hope that people consider this in November. It is so depressing to see this country splitting into
(1) the very rich and (2) the drudges who work for them (who don't deserve anything better because they are "failures")
It's really destroying everything our country is supposed to be about. How ironic that it's the supposedly religious people who support this soulless mess.
Siara - thank you so much for my chuckle of the day.
The "supposedly religious people who support this soulless mess" of "this country splitting into (1) the very rich and (2) the drudges who dont deserve anything better because they are failures"
Ah yes....that is absolutely correct...every time I pass by a church, all I see in the parking lots are the high end luxury automobiles from the faithful who only have a desire to destroy their own country. Or could it be that every time I have attended church, it is economically diverse - or even predominantly somewhat less than "very rich"?
The very rich against everybody argument - although I do give you credit for using the word drudge - is a basically flawed argument, at the very best. Also interesting that you chose to say that they are failures and deserve nothing better than drudgedom.
Is your understanding of rich people so limited that you dont understand that the very rich are aware that without the working people, they are not going to be rich? That the rich are rich BECAUSE they know that, and use that knowledge to their own advantage? Even in the much maligned field of investment, you have to understand that the people make the company go, not just you because you are rich, so you have to then understand that the people are the reason that you are rich, by extension.
So how then exactly can you use such an old fashioned and inherently disrespectful word as drudge to describe the people you apparently believe are right in their beliefs, while also for getting that except for the companies that the drudges work for, they might not have jobs at all?
What is ironic is that you fail to see that there are two sides to this, not just the currently popular blame the rich - andonly the rich - chant, to consider.
Anyway - thanks again for the chuckle
notalkingpoints- the Fundamentalist church (the TV Jesus folks) have made a deal with big business that they will support totally uncontrolled, vicious business practices if business will support forcing Bronze Age spiritual rhetoric down the American throat. Not interested in either, thanks.
ps-- I am religious myself. That is why I find what you're doing so repulsive.
The free market is the answer. And, yes, it is all about 'fairness.' Under Obama, the government has wasted more tax dollars subsidizing political cronies in failed businesses at the expense of the free market and hard working businesses that want to grow and prosper on their own merit.
An unfettered free market becomes "the law of the jungle" very quickly. How do you suppose people came to seek a new economic life in America? Because Europe at the time had an unfettered free market and regular people were starving in the streets while factory owners were rich.
That is right wing drivel. Several votes to end oil subsidies in the billions have taken place in Congress. Republicans voted for those subsidies to continue every time. This vote took place recently by the way. Republicans also voted against the Buffett Rule that would have taxed millionaires and up at 30% which sure would have helped this country. Republicans in Congress are wealthy and no one faults them for that. What is wrong is their agenda for policies that only benefit the wealthy. Right wing propaganda against this and against that while they do exactly as they please once in office. Republican policies will never benefit the middle class or working poor. In states with republican governors they are laying off workers, attacking teachers and unions. They have an agenda of making every state right to work. Right to work means no benefits and no protections. The GOP have been against minimum wage laws for years.
Here we go again the right-wing posters deny and deflect, start talking about people who don't pay tax's, the faux noise talking point, talk about dividing our country, worry about the people who are working poor, and give the rich"job creators" a pass and protect their money at all cost's.
Mittens and Bain Capitol, vulture capitalism's, never saw a company they couldn't cannibalize!
And all you people saying, well Romney was gone when this or that, was he still making money? And co's like staples Bain was their main investor, so how is Mittens taking credit for all those min-wage jobs?
The right wing posters brainlessly churning out their tired rhetoric about "freedom" are getting paid to post by big business.
He has blamed his predecessor, he has blamed the weather, he has blamed his oponnents and he has gone out to play golf. The only thing I want to know is why is this fool pursuing a job he has no intention of doing?
Send him back to whatever ghetto he came from and put a leader in the whitehouse instead of keeping this whiner.
bfitz- What ever ghetto?
And where did you get your law degree? LOL
Got a little small white man syndrome going there don't cha?
hummbird,
Does Obama have a valid license to practice law at this time ? How about Michelle ?
George W Bush, on the other hand, definitely had a law degree. His family bought Yale a building to make sure he was allowed through.
We need Harry Truman, "the Buck stops Here". Yes he inherited a mess, but that was 3 1/2 years ago. When he was elected I said nothing could be worse than G.W.B. Guess what, I was wrong. He has lied, attacked Hilliary and John McCain with lies, and his friends in the press backed him up, all the while ignoring his past ties with Ayres and Rev. Wright, etc. The man is arrogant, has no conscience, and his left wing press friends refuse to tell us the truth. That is what is wrong with the country at large, "not my fault", the devil made me do it. No one takes responsibility for their own actions. What a role model. Again, we need H.S. Truman.
MAN, CAN SOMEBODY STOP THE MERRY-GO-ROUND AT THE MITT ROMNEY'S PRESIDENTIAL CAMPAIGN CIRCUS ACT, I'M GETTING A HEADACHE!
No one on the Romney's team can be trusted as far as anyone can throw em. How can anybody claim any semblance of victory when his State ranked 47th out of 50 in job creation. According to Associated Press, Romney's state netted only 24,400 jobs while he was governor. Ohh, I think our beloved leader, Obama did better than that. Once again, let the truth be known.
More important, the number of jobs Romney presided over at Bain has varied widely according to his own estimates. When he ran against Ted Kennedy in 1994, Romney said he created 10,000 jobswhile at Bain. During the 2012 presidential campaign, Romney’s campaign has claimed he created "over 100,000 new jobs," "tens of thousands jobs" and "thousands of jobs" at Bain. It’s impossible to know if any of these figures are accurate—every time the Romney campaign is pressed on the details, the number of jobs he created at Bain seems to decrease
Washington Post fact-checker Glenn kessler. gave Romney’s "over 100,000 new jobs created " three Pinocchio’s, which represents a "significant factual error and/or obvious contradictions." Kessler wrote from his analyses that "[Romney’s] campaign offered no definitive proof that Bain added more jobs than it eliminated while Romney headed the firm.
...And this is the horse you conservatives what to put your bets on, huh. Ok then, let's name it "Lying Wonder". --"AND THEIR OFF!" "LYING WONDER IS STILL AT THE STARTING GATES, FOLKS!" "TRIPPED OVER ALL THOSE LIES. OH WELL...
Or we can re-elect the big No-Changer Obama. But lets keep all the poopers in Congress that are all just a bunch of porkers.
Hmm...Been there, you ignored all my facts I gave you about Romney like a loopy kid running across your neighbor's front yard under the lawn sprinkler. Not a care or concern in the world. Typical...
I'm not ignoring your facts, But I don't see what Obama has changed - seems like business as usual in the Whitehouse. Even with a democratic Congress he didn't change anything to help those of us in the middle class but move us closer to poverty.
Been There, how can you in all good honesty claim that nothing has changed? We very well could have been standing crotch to cheek in somebody's soup line as we were under the threat of another Great Depression. Things could have gotten that badly if not for Obama's decision to bailout the banks and help prop up a sluggish Auto Industry with "Cash for Clunkers". He may not have saved your job, but he saved somebody's job.
Obama's fiscal policies helped us weather one of the worst Recessions in American history and all you can do is say "nothing is changed". When he extended those unemployment checks, somebody had food for one more day. I'm sure that made a big change in their life. When he spurred on the Auto Industry, he made a big change for the one's who got jobs from the extra manpower needed to handle increased sales. And when he decided to keep the banks going, he change the lives of thousands who still had jobs to feed their families. How can you keep a straight face and say he didn't make any changes for anybody. Wow! What a ingrate.
But is the Liar In Chief any better. His commercial blames Romney for the steel plant bankruptcy when Romney left Bain two years before the bankruptcy. Politifact as reported by the Atlanta Journal Constitution and a New York Times columnist have found several outright lies in the "Julia" commercial. I would like to see Obama called on all his untruths.
Actually by BLS statistics the net number of jobs created over Romney's 4 years as governor was over 43,000. During that time unemployment fell from 5.6% in 01/2003 to 4.6% in 01/2007. This is basically full employment. I would take 4.6% over 8.1% anytime.
Romney purchased Armco with just $8 million down, borrowing the rest of the $75 million price tag. Then he issued bonds — basically IOUs — to borrow even more to pay himself and his investors $36 million.
Bain combined Armco with the mill in Georgetown and foundries in Tempe, Arizona, and Duluth, Minnesota, to form the newly christened GS Industries.
Romney was charging GSI $900,000 a year in management fees to run the company. The Kansas City mill received $900,000 worth of ineptitude in return.
Romney walked away unbruised. All that debt was technically GSI's, not Bain's. Because he'd repaid himself and his investors just months after the purchase, Romney pocketed millions for running the company into the ground.
So while this company may have closed after he left, he had already raped its pension and began to wipe out the company months after he purchased it. Then paid himself millions in fees.
Tammy, What was GSI's gross revenue and net revenue during the time that the purchase occurred? The $900,000 management fee was probably a lot less than 1% of gross revenue.
In order to issue bonds you have to have a rating from Standard and Poors. GSI's revenues had to be a certain point to make the bonds work. If revenues decreased later due to changes in the steel market (international competition), then perhaps the later revenues were not enough to support the bonds.
When you apply for a mortgage, your finances at the current time are taken into consideration. If you lose your job 10 years later and cannot pay your mortgage does that mean taking out the mortgage 10 years earlier was a bad decision?
However, that would not mean there was any intent to run the company into the ground at the time the bonds were issued. Don't forget the bankruptcy occurred 10 years after the purchase. A lot happens in ten years in a market like steel. Just look at US Steel.
Bruce, As with other companies that were purchased during Romney's reign..investment in those companies ceased. When they were purchased they were leveraged to the max and the proceeds were given to investors and Romney himself.
" GSI's revenues had to be a certain point to make the bonds work. "
Exactly! Revenues were there right up until they were purchased. Take a look at hanging file folder company called SCM in Marion, Indiana as well. Or perhaps Holson Burns, Bain Capital paid $10 million to buy another South Carolina company - Gaffney-based photo album maker Holson Burns Group. The prospectus shows Bain Capital's partners made more than twice their investment - earning $22.6 million, according to the prospectus - between 1986 and 1992, when Holson Burns Group went out of business and 150 people lost their jobs.
Read more here: http://www.charlotteobserver.com/2012/01/14/2926059/romneys-bain-capital-made-millions.html#storylink=cpy
These were not investments that had simply failed. They were investments that were purchased with one sole purpose in mind. Bain Capital propped up short-term earnings, so the venture capital firm could borrow money that went toward investors' dividends - enriching Bain Capital but leaving the companies with unsustainable debt. Most of the time, leaving taxpayers holding the bag for raped pension funds as well....nice racket.
Read more here: http://www.charlotteobserver.com/2012/01/14/2926059/romneys-bain-capital-made-millions.html#storylink=cpy
Texas Inmate Picks Up Presidential Votes
http://www.wvmetronews.com/news.cfm?func=displayfullstory&storyid=52594
what a loser!
obama is going
to try to convince college students that it's not his fault that young adults
coming out of college have a very low employment rate since 2008 under the
obama administration.
i pray that
these young adults will not be fooled by obama again.
Unemployment
Increases in Young
People Under Obama: A New Lost Generation of Youth?
http://aconservativeteacher.blogspot.com/2011/12/unemployment-increases-in-young-people.html
vote for Romney 2012!!!!!!
the only AMERICAN RUNNING FOR PRESIDENT!!!!
IF YOU DON’T BELIEVE THAT OBAMA IS A MUSLIM JUST ASK HIM OR BETTER
YET JUST WATCH AND HE WILL TELL YOU!!!!!
http://www.youtube.com/watch_popup?v=tCAffMSWSzY#t=28<http://www.youtube.com/watch_popup?v=tCAffMSWSzY#t=28
by now even the obama zombies gotta be wondering what this guy is thinking.
even the gays should see thru this shallow desperate attempt to get votes.
REMEMBER IT'S NOT WHAT OBAMA HAS DONE OVER THE LAST 2 WEEKS SINCE HE'S GONE
INTO FULL CAMPAIGN MODE (like he hasn't been for the last 3-1/2 years....lol)
ITS WHAT HAS HE DONE SINCE HE HAS BEEN ELECTED.
ANY FOOL CAN CHANGE HIS POSITION IN DESPERATION TO GET VOTES.
ANYBODY BUT OBAMA 2012!!!!!!!!!
Unemployment Increases in Young
People Under Obama: A New Lost Generation of Youth?
http://aconservativeteacher.blogspot.com/2011/12/unemployment-increases-in-young-people.html
OBAMA'S WAR ON WOMEN
http://www.ktrh.com/pages/michaelberry.html?article=10016656
Women's Unemployment Statistics Under Obama
OBAMA'S
WAR ON BLACKS
Obama Ignores
Black
Unemployment
http://thepinehillsnews.com/wp/2009/07/30/obama-ignores-black-unemployment/
Americans need to
work. we need to support our families.
US Unemployment rate
by President
http://www.miseryindex.us/indexbyPresident.asp
The DOW was 7500 when the GOP left the whitehouse now its 13000. Gm and Chrysler was going under, today on top of the autoworld. 4.5 million Jobs created and 27 months of consecutive private sector Job growth. When the GOP was in charge we were losing 750000 jobs a month!
Obama/biden 2012
the only part of what you stated that is true and verifyable is that the dow is at 13000.
everything else is made up propeganda.
no other president has done more to hurt the middle class than this administration.
OBAMA'S
WAR ON BLACKS
Obama Ignores
Black Unemployment
http://thepinehillsnews.com/wp/2009/07/30/obama-ignores-black-unemployment/
OBAMA'S WAR ON WOMEN
http://www.ktrh.com/pages/michaelberry.html?article=10016656
Women's Unemployment Statistics Under Obama
lolololololol Man tha is funny , you even question what actually happened lolololololol lemmings will be lemmings lololol
wow...the Obama fans are getting really desperate.
When you attack a private record, because you have none, and don't compare that to the WH's own dismal public record, you are sinking fast.
Billy, you conservatives are entitled to change your own opinions, but I'm afraid you are not entitled to change facts into fallacies about Romney's private business and government records. Sorry...
Or the facts and fallacies about Obama's change to no change. Sorry - just dismal to think we get to pick the worst of two evils......
"When you attack a private record, because you have none".............WOW! What a load of bunk.
Does Obama have a private record? Does he know what a debt ceiling is? Does he know how to send guns to Mexico? Has he made it better to be middle class america? so 1 out of four we know he can it done with plausible deniability.
The Worst Economic Recovery Since The Great Depression
http://www.forbes.com/sites/peterferrara/2012/01/12/the-worst-economic-recovery-since-the-great-depression/
Romney will lie about anything look at all the lemmings that repeat everything he says instead of just looking at what really happen. Bain capital suck the money out of companies and the tax payer paid the pensions and no one wants you to remember that. Moving your state to 47 out of 50 in jobs does not look good when President Obama helped keep and create 4.5 million jobs. Here comes the lemmings lolololol
Obama has created no jobs which ones oh the solar company that we spent 500 million, or the wind mills that cost tooo much to operate and can't store the energy or can't get to the grid! Buddy Odumbo hasn't created anything but a bigger government, from 400 bil to 800 bil dept of ed, boy you can see that is paying off! You do looked pissed off you need to calm your anger left wing nut!!!!!!
The public sector has shrunk under your and my President Obama. Not only that, Obama has also cut taxes and shrunk government more than Saint Ronald Reagan did! Get the facts - turn off Fox.