Of course, as predicted, we see written statements and video footage of Romney totally against the bailout loans. He actullay said "let go bankrupt". Letting GM and others go bankrupt would put hundreds of thousands of employees and subcontractors out of work. Then here again, putting people out of work made that assh**e mega millions! Wht does he care? He has hundreds of millions of dollars and healthcare.
We also have a video where (in context) Romney says, "I love to fire peope who provide services to me." We know he did that with half the companies that Bain Capital bought, but it also sounds like he'd fire the entire government!
Are you talking about the same thing Romney was for, before he was against it?
The more I think about it, the more I realize Romney as president might not matter....the "conservatives" won't be able to control him once he's in office... I can definitely see Romney the President (though not the candidate) signing the Dream Act..
He's not what the conservatives want him to be....and he never will be.
How is Obama a follower of Bush? Why would Obama be a follower of any Republican? He's doing the exactr opposite as that idiot Bush and things are improving! Get your facts straight. Then here again. conservatives tend to be confused to begin with.
I'm beginning to think that some of you don't read any actual news. If you did, you'd know that Romney suggested a managed bankruptcy, which is exactly what happened. The difference is that Romney thought federal loan guarantees were better than direct government loans/bailouts.
With no private financing available and without federal dollars, the automakers wouldn't have been able to pursue Chapter 11 bankruptcy. The industry would have been forced to stop production, close their doors and lay off all workers once their funds ran dry. Romneys plan would have had more of a negative impact and took longer to impliment.
Well, there is also another problem. Loan guarantee's would have protected them from bankruptcy, but would it have left them enough room for the investment in new technology and body styles that have resulted in companies like Chrystler reporting record profits, as the bailout money did? Just a bit of a thought.
"His alternate course of action would have been to provide federal loan guarantees to banks that loaned Detroit the necessary money, as opposed to having the government offer the loan directly."
Totally different plan if you ask me...One involves the banks, the other doesn't. And what happens when banks are involved? Profit over people. IMO
And now this guy comes along and says Obama took Romney's advice. I don't think so. It's pretty obvious to anyone that the auto industry is a staple of American life. No one needs Romney to tell him that.
That is all I have to say to you! You jump into a discussion with something clever like "tripe", but when its done to you you become hysterical. That, I find hysterical in unto itself. Have a nice day mikelong
Here's the truth. http://blog.heritage.org/2012/01/26/mor … ue-reform/ How many times should your money be taxed? One time? Two times? Three times? Four? Sounds like a ridiculous proposition, but that’s the true story of capital gains taxes in America, and it’s one that’s not being told in the continuing debate over Governor Mitt Romney’s taxes.
For more than a week, the media has focused on the subject of just how much Romney pays in taxes. On Tuesday, the governor released his tax returns indicating that he paid about 15 percent in taxes last year. At first blush, that sounds like a low rate, especially considering that Romney is admittedly worth millions. But as with all things in politics, there is more to the story.
As most Americans know, marginal individual income tax rates in America range between 15 and 35 percent. However, Americans making money from investments typically earn dividends. They face a lower rate to reduce the tax barrier to investing and growing businesses. For Americans in the lowest two income brackets, the tax rate on dividends is zero. For all the rest, the dividend tax rate is 15 percent — hence Romney’s rate.
Why do dividends face lower rates than wages or interest income? Because dividends have already faced one full level of tax at the corporate level.
But that’s income tax. Americans making money from investments also typically pay a capital gains tax at the same lower rate as for dividends. Income and capital gains are very different. Income is what is generated from using resources, as wage income is generated by providing labor services, whereas a capital gain results from an increase in an asset price. Capital gains face a lower rate to reduce the tax barrier to investing, especially in high-risk, high-return, job-creating, business-growing investments.
So right off the bat, Romney is paying what is legally required of him — and even when compared to the average federal income tax burden in America of 9.3 percent, he’s paying more. There’s still more to the story, though.
When Romney pays 15 percent to Uncle Sam, that’s not the first time that money was taxed. J.D. Foster, the Norman B. Ture Senior Fellow in the Economics of Fiscal Policy at The Heritage Foundation, explains that Romney’s money has likely gone through four levels of taxation, meaning that the level of taxation was at 50 percent and likely much higher:
Fine. Romney's not to blame for paying only what he's required to pay under the current law. But his and the GOP (Ryan) position would result in him paying even less and a further widening of the gap between the super-rich and the average American.
That's right...and cutting programs that people in need really need....not this crap about "welfare Queens eating lobster and driving cadillacs"....but REAL needs....like a dis-abled child where the parent can't work. Like seniors on fixed incomes that can't work. Like kids trying to go to college that don't have money.
These kinds of things will be cut in order to give Mitt, Paul and friends more income to stock away in their Swiss bank accounts----to avoid American taxes, doncha know.
It's totally disgusting and not at ALL the America I know and love!
You have so distorted the facts of the cuts and how they would be achieved , No one is looking to eliminate or cut CURRENT LEVELS, they are looking to eliminate just as you said, the waste. They also want to go back to the welfare reforms from Clinton, helping get people self sufficient. Once they are on their own, they no longer need the program, we spend less and are saving. Now that is how they want to cut.
And how do they propose to make them self sufficient? Everyman two acres and a cow? I don't know if you've noticed but there are no longer enough jobs to go round.Many of those that do exist do not pay enough to make anybody self suffiecient.
You mean the three hundred million dollars that everyone is born into and the silver spoon that every one has in their mouth? Romney who has never done an honest days work has three hundred million to play around with and make millions more with without raising a finger and the working man and woman who waste their lives toiling and sweating pay a higher tax? And you believe this ethical and moral? If so I don't think you understand the meaning of the words.
R W logic: Elect me and I will create Jobs Jobs Jobs!!
"Bureau of Labor Statistics, April 20, 2012 press release:
The largest over-the-month decrease in employment occurred in Ohio (-9,500), Governor John Kasich (R-ALEC) followed by New Jersey (-8,600), Governor Chris Christie (R-ALEC) and Wisconsin (-4,500), Governor Scott Walker (R-ALEC)"
John Boehner scream: "Oh No You Can't!!!"
Read it and weep peeps...this is what you are pushing to happen all over the country. Starve the Beast...while feeding the Monster..
the Greed Monster...arghhhhhhh, can never get enuff. More *munch* *munch* Moooore
"Since arriving in Congress in January 2011, Tea Party- backed lawmakers have demonstrated their determination and muscle by forcing several rounds of government spending cuts through standoffs over raising the national debt ceiling with House Speaker John Boehner of Ohio and other Republican leaders, putting the government on the brink of a shutdown.
Yet the anti-bailout fervor that drove the messaging of Republican candidates during the campaign cycle of 2009 and 2010 has dissipated, and those same lawmakers are now collecting money from the firms bailed out by President George W. Bush’s $700 billion Troubled Asset Relief Program."
It doesn't surprise me. And without the people having a say, one way or the other. These men are attacking women all over this country. Treating them like second class citizens! How any women can vote Republican is beyond me, especially if you live in Georgia!
I just wrote an article exposing this is a myth from the left to continue the lefts generated "War on Women".
The bills that is being referenced are changes or amendments to existing laws that are already on the books. Unless a bill SPECIFICALLY says or changes the language or adds "no exception for rape or incest", it cannot remove what already is in existence. Needless to say, there was no such language.
From the actual bill:
"To amend Article 5 of Chapter 12 of Title 16 of the Official Code of Georgia Annotated, relating to abortion, so as to change certain provisions relating to criminal abortion; to change certain provisions relating to when abortion is legal; to amend Title 31 of the Official Code of Georgia Annotated, relating to health, so as to define certain terms; to require a determination of gestational age prior to abortion; to provide for certain reporting requirements with respect to performance of abortions; to change certain provisions relating to civil and professional penalties for violations of the "Woman's Right to Know Act"; to provide for confidentiality; to change certain provisions relating to definitions relative to the "Woman's Right to Know Act"; to state legislative findings; to provide for other related matters; to provide effective dates; to repeal conflicting laws; and for other purposes."
They better be careful....we might dig into theirs for a change....you know that some of them have 5 kids, some have none......either way---they are doing something to prevent more pregnancies....and I doubt it's abstaining.
The Bible tells women to give it up for their hubby's, doesn't it?
Here are some comments from other Americans, and I like them a lot!!
"GOP = purposely working against the financial security of the nation, against democracy and against the State! TREASONOUS!"
"It does seem like the Chamber of Commerce, Mitch McConnell (R-KY) and the rest of the GOP are traitors. It is long overdue that these people be rounded up, disarmed, and incarcerated for their treasonous behavior."
"yep. When, especially in the past year, they attempted to sink the ENTIRE nation by sheer gridlock, THAT was treason. FINANCIAL AND GRIDLOCK WAR perpetrated against the US by Koch, Rove, Murdoch, etc. They ALL need to be held on High Treason charges."
It's funny, I read day after day, each side blaming the other. Look in the mirror, we're all to blame, including both parties! We loved lower prices, and until it affected us by losing all our jobs, we wore blinders! You can start by supporting local businesses, like ma's and pa's. Sure it might cost a few cents more, but it's supporting your local communities. If you don't, don't blame local governments for eliminating programs.
I agree mostly. Except for the part about "until it affected us." Implying that people are generally intelligent enough to actually realize that lower prices come at the expense other things, actually.
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