Biden has changed my vote!

Jump to Last Post 1-8 of 8 discussions (42 posts)
  1. habee profile image93
    habeeposted 5 years ago

    Joe revealed that Romney is supporting a $500 trillion tax cut - 500 trillion bucks. No way THAT math will work! I can't vote for Romney now. Thanks for opening my eyes, Joe!

    http://www.youtube.com/watch?v=aMKuQ1NVvsg

    1. GA Anderson profile image81
      GA Andersonposted 5 years agoin reply to this

      Good ole' Joe. I think they call that a Freudian slip.

      GA

    2. AMFredenburg profile image78
      AMFredenburgposted 5 years agoin reply to this

      That's probably a mistake in terms of the figure (is there that much money in the world?), but I'm on Joe's side anyway; the fact that Romney as head and major shareholder of Bain Capital managed to put millions of dollars of people's pension funds in his own pocket and still managed to sleep at night is enough for me.

      1. Waldo Numbly profile image58
        Waldo Numblyposted 5 years agoin reply to this

        Bain was a "turn-around" company, called in when companies were failing.  That usually calls for lay-offs to save the company, for example, better to lose 200 jobs than lose 500.   I don't recall any evidence that pensions were denied the workers.  Perhaps you could enlighten me.  Thanks.

        1. Ralph Deeds profile image67
          Ralph Deedsposted 5 years agoin reply to this

          I heard a credible source today or yesterday say that 20+% of the companies under Romney's leadership were liquidated as he would have done to GM, Chrysler and possibly Ford as well.

          1. BloodRedPen profile image68
            BloodRedPenposted 5 years agoin reply to this

            Now Now !!!! Reality is - Ford never ask the government for help.

            1. Ralph Deeds profile image67
              Ralph Deedsposted 5 years agoin reply to this

              Ford could easily have gone under along with GM and Chrysler because of common, inter-related suppler relationships that would have been disrupted. Also, Ford benefited from the wage and benefit give backs from the UAW and others after they were negotiated by GM and Chrysler, thanks to the Obama bailout.

              1. Hmrjmr1 profile image79
                Hmrjmr1posted 5 years agoin reply to this

                I think you have your timing wrong there Ralph. Ford was ahead of the game The CEO had negotiated the companies Debt long term and renegotiated the UAW contracts before the recession hit. The UAW givebacks in GM and Chrysler were modeled on what Ford had already done. Romney wanted GM and Chrysler to go through the same managed process that Alan Mullaly had managed to do (without going to Bankruptcy) via the Bankruptcy courts with certain Gov guarantees (warranties etc)  which is essentially what they did after the first bailouts failed. Seems we could have skipped a Couple Billion dollar step there and done it right the first time.

                1. Ralph Deeds profile image67
                  Ralph Deedsposted 5 years agoin reply to this

                  I don't have my timing wrong.  GM settled first on September 17, 2011, Ford second on October 4 and Chrysler on October 12 .
                  http://topics.cnn.com/topics/united_auto_workers

                  You are correct that Ford had wisely obtained a large ($24 billion) credit line before the financial meltdown. However, it also requested but did not receive additional funds from the government.

                  "Ford's Bailout Proposal
                  Ford requested a $9 billion line-of-credit from the government, and a $5 billion loan from the Energy Department. Ford pledged to accelerate development of both hybrid and battery-powered vehicles, retool plants to increase production of smaller cars, close dealerships, and sell Volvo. Ford is in better shape than GM or Chrysler because it had already mortgaged its assets in 2006 to raise $24.5 billion. Although Ford didn't need, and didn't receive any funds, it also didn't want its competition to get the upper hand thanks to the government bailout."

                  http://useconomy.about.com/od/criticals … ailout.htm

                  However, as I pointed out above, Ford would have been severely damaged if GM and Chrysler went into liquidation because of common supplier relationships. 

                  Negotiations with Ford, GM and Chrysler were conducted pretty much simultaneously by the UAW. Here are reports of the settlements with each of the companies (GM settled first on September 17, 2011, Ford on October 4-2011, and Chrysler, October 12, 2011,  Ford would have been unlikely to obtain all of the concessions in the absence of the pressure on GM and Chrysler from the Obama administration.

                  http://money.cnn.com/2011/10/04/news/co … /index.htm

                  1. Hmrjmr1 profile image79
                    Hmrjmr1posted 5 years agoin reply to this

                    You keep saying liquidation but that is not what Romney recommended, there is a significant difference between a managed bankruptcy and a liquidation. I also remember clearly that Alan Mullaly in testimony before Congress said Ford did not need a bailout.

                    Hey Habee been here, there, and everywhere. The Hatch act has me cooling my heels more or less. Couldn't help pushing a Ralph Deeds button. Sometimes just gotta do it! LOL and Hey
                    Ralph great to see you're still in good form. God Bless ya.

                2. habee profile image93
                  habeeposted 5 years agoin reply to this

                  Hammer, where ya been?? Great to see you again!

        2. AMFredenburg profile image78
          AMFredenburgposted 5 years agoin reply to this

          Some quick info on Bain Capital and pension funds, which shows some pension funds covered by government insurance and others not covered and therefore lost:

          http://www.dailykos.com/story/2012/07/2 … -with-Bill

          More info about Bain's leveraged buyouts, this from Bloomberg.com, not exactly a hotbed of liberalism:

          http://www.bloomberg.com/news/2012-07-1 … osses.html

          The fact that Romney refers to "harvesting assets" shows his real thought process: not looking to save companies or jobs at all, but availing himself and his investors of assets, however that has to be done.
          BTW, pension funds represent money already earned by workers through their labor, and shouldn't rightly be considered company assets.

          1. Ralph Deeds profile image67
            Ralph Deedsposted 5 years agoin reply to this

            All very true. Romney is an absolutely ruthless character.

            1. profile image64
              logic,commonsenseposted 5 years agoin reply to this

              and obama is a vicious empty suit.

    3. tammybarnette profile image59
      tammybarnetteposted 5 years agoin reply to this

      Habee, OH no, he has Romnesia...thank God, Obama care covers that :p

    4. Chams1956 profile image59
      Chams1956posted 5 years agoin reply to this

      Habee,

      I invite you to go take a look at Joe's verbal track record and consider it carefully.
      He either talks like there is a pull string in his back or talks like he has no brain. Did you hear what he asked the father of the fallen Marine at Bengazi?

    5. Chams1956 profile image59
      Chams1956posted 5 years agoin reply to this

      Oh....never mind!  big_smile

    6. Chams1956 profile image59
      Chams1956posted 5 years agoin reply to this

      Joe Biden is the gift that keeps on giving in terms of gaffes.

  2. Rochelle Frank profile image93
    Rochelle Frankposted 5 years ago

    I think Obama helped him with his math homework.

    1. habee profile image93
      habeeposted 5 years agoin reply to this

      lol

      1. Ralph Deeds profile image67
        Ralph Deedsposted 5 years agoin reply to this

        The point Biden was making is valid even if the figure wasn't.

  3. movingout profile image59
    movingoutposted 5 years ago

    Almost right, Romney helped him with the math! lmao...Heard that number from Romney so many times apparently Biden got tripped up! The real concern are the Republicans who believe it! LMAO

    1. Rochelle Frank profile image93
      Rochelle Frankposted 5 years agoin reply to this

      Well, Obama admitted on some talk show that he had trouble with helping his daughter with math, now that she was in Jr. High school.

      1. Mighty Mom profile image83
        Mighty Momposted 5 years agoin reply to this

        I can relate to that!

        lol

        1. habee profile image93
          habeeposted 5 years agoin reply to this

          Actually, I can, too. As Barbie said, "Math is hard." lol

  4. BloodRedPen profile image68
    BloodRedPenposted 5 years ago

    Joe was in Ohio Thursday - He opened his speech with -  (We feel your pain here in Iowa) -  Smart Smart Guy smile

    1. AMFredenburg profile image78
      AMFredenburgposted 5 years agoin reply to this

      Tired, tired guy. The guy's pushing 70 and going full bore.

  5. Mighty Mom profile image83
    Mighty Momposted 5 years ago

    When I saw this thread in my email inbox I didn't know what to expect.
    Having just seen Joe's powerful eulogy of McGovern I thought maybe you meant that.

  6. Chams1956 profile image59
    Chams1956posted 5 years ago

    It strikes me that anyone can be approved as a GOP candidate as long as they have never ever ever ever made any money at all int heir lives.

    You know....like Warren Buffet.

  7. Uninvited Writer profile image82
    Uninvited Writerposted 5 years ago

    Is someone using a new account to get around a forum ban?

    1. Chams1956 profile image59
      Chams1956posted 5 years agoin reply to this

      I am not banned.

  8. brakel2 profile image78
    brakel2posted 5 years ago

    Voting is a tossup between two bad choices. Obama scares me more then Romney. The indebtedness is truly horrendous. A senator from my state was on the committee to cure it, but it did not work out. Whoever wins has a job I wouldn't want. May the best man win!!!!

    1. AMFredenburg profile image78
      AMFredenburgposted 5 years agoin reply to this

      A lot of this indebtedness doesn't represent increased spending on Obama's part, but the fact that he added all the money we owe from the wars in Iraq and Afghanistan to the list; the Bush administration didn't count that as part of the debt, but hid it. It's not an upswing in debt, but a more accurate account of what we already owed.

      The bank bailout has been paid back, with interest.

      1. Chams1956 profile image59
        Chams1956posted 5 years agoin reply to this

        Nope. Don't buy that for a second.

    2. Waldo Numbly profile image58
      Waldo Numblyposted 5 years agoin reply to this

      I just feel better with Romney at the helm.   I've watched Obama campaign for 4 years straight, he is too much into Obama.  Obama sees America as an evil place where the citizens need protection, hence big government.  Romney believes, as I do, in American Exceptionalism.

 
working

This website uses cookies

As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://hubpages.com/privacy-policy#gdpr

Show Details
Necessary
HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
LoginThis is necessary to sign in to the HubPages Service.
Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
AkismetThis is used to detect comment spam. (Privacy Policy)
HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
Features
Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
MavenThis supports the Maven widget and search functionality. (Privacy Policy)
Marketing
Google AdSenseThis is an ad network. (Privacy Policy)
Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
Index ExchangeThis is an ad network. (Privacy Policy)
SovrnThis is an ad network. (Privacy Policy)
Facebook AdsThis is an ad network. (Privacy Policy)
Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
AppNexusThis is an ad network. (Privacy Policy)
OpenxThis is an ad network. (Privacy Policy)
Rubicon ProjectThis is an ad network. (Privacy Policy)
TripleLiftThis is an ad network. (Privacy Policy)
Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
Statistics
Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)