President Obama's re-election team argued Monday that Bain Capital cofounder Mitt Romney learned "lessons and values" during his time at the helm of the Boston-based investment firm that run counter to an economic structure that benefits the middle class.
"This is about whether the lessons and values Romney drew from his time as a buyout specialist," said deputy campaign manager Stephanie Cutter on a conference call with reporters. "What those values are –- what they tell us about what type of president Mitt Romney would be, and whether the voters want that in the Oval Office."
In a new two minute ad, the Obama campaign argues that Romney and his Bain colleagues were responsible for the closure of a Kansas City steel plant that led to hundreds of layoffs as well as pension and retirement losses.
The Romney camp points out that the former Massachusetts governor left the firm in 1999, two years before the bankruptcy at GS Industries, and that he has taken responsibility for Bain's purchase of the plant but not its management. Team Obama counters that Romney "set in motion" the series of structural changes that led to the 2001 closure of the company.
"I do think it's absolutely on the table as an indication of Romney's values and lessons that he learned from this experience and how he would run the national economy," Cutter said.
The Obama campaign's Bain argument appeared to be somewhat undercut within hours of the new ad's rollout, when former Obama adviser and "car czar" Steven Rattner called the commercial "unfair."
"Bain Capital's responsibility was not to create 100,000 jobs or some other number," said Rattner during an appearance on MSNBC's Morning Joe. "It was to create profits for its investors, most of whom were pension funds and endowments and foundations. And it did it superbly well, acting within the rules, acting very responsibly, and was a leading firm."
Cutter said Monday that the president's re-election team isn't focused on the success or failure of Romney's firm, but rather on the "values" exhibited by Bain's treatment of employees of the companies it managed.
"Bain was, and continues to be, a very prominent firm that does very well; it does very well by its investors," Cutter said.
"At the end of the day, this isn't about private equity," she said. "Romney says there are winners and losers. Absolutely. But at the end of the day Mitt Romney and his partners always won and somebody else was always left holding the bag."
But even as Cutter insisted the campaign is not criticizing “how Romney ran his company,” the ad itself contains several direct rebukes of the former Bain executive’s stewardship of GST, rather than his overall economic philosophy.
Towards the end of the ad, former GST worker Joe Soptic explicitely condemns Romney’s job at Bain.
“If he's going to run the country the way he ran our business, I wouldn't want him there,” Soptic says as the camera pans over newspaper clippings about Bain putting “profits first” under Romney.
“We view Mitt Romney as a job destroyer,” says another former employee, John Wiseman -– another suggestion by the campaign that Romney’s job at Bain and his “economic values” are intertwined.


Values? lol
Willard wouldn't recognize a value if it hit him in the face!
A vulture most definitely... but not a value!
Your right ....
Obama shows that he knows zero about economics .... "LOL"
And it shows in Obama's tanking poll numbers ....
He's been behind for a few weeks already ....
And so early in the race ....
Obama won't fool nearly as many Americans this time ....
@ bigbenalaska --
Huh. President Obama leads Mitt Romney by a TON, here in a state where economic issues are at the center of the debate and we have suffered the biggest job losses in the nation since Scott Walker took office.
http://www.politico.com/politico44/2012/05/obama-widens-lead-over-romney-in-wisconsin-poll-suggests-122296.html
Looks like most folks here can do the math.
Maybe you're just talking about states where Sarah Palin could get elected.
Sorry your guy Obama's poll numbers are really tanking ....
Monday, May 14, 2012
The Rasmussen Reports daily Presidential Tracking Poll for Sunday shows Mitt Romney earning 48% of the vote and President Obama attracting 44% support. Four percent (4%) would vote for a third party candidate, while another three percent (3%) are undecided ....
48 is higher than 44 in case you didn't know .... "LOL"
Now that the 'poll troll' has officially arrived - my day is complete! ☺
Rasmussan - are you freaking kidding me? lmao
National polls are rather useless for the Presidential candidates because they receive delegates State by State.
The more important polls are those from the key and swing States – where the election will be decided.
A President can be elected with only 50.1% of the vote in only 11 states while losing in the other 39 states.
It is time for a Constitutional Amendment to do away with the Electoral College in favor of a popular vote.
BTW the Gallup daily has our President up by 1 for the last 3 days.
"LOL"
Yea ....
Nothings any good to you unless it has Obama's name attached to it ...."LOL"
No one really wants Obama in office anymore ....
big ben,
Actually you and less than half of Americans don’t want him in office while nearly half do want him to have another term. The 8 to 10 percent in the middle will decide.
Your mind is, and has been, made up for over 3 years.
Surprise
Haha, dennis, its not true half want him in office. The media keeps saying that, but its not true.
Funny how libs always go for the huffington post, or politico, or some other lamestream media puppet paid by the dems.
Look around.
ask questions
people want him out, no doubt about it
and i called it. stock market is tanking since they elected communists in europe.
thats why we are getting rid of obummer, losing by 10 ALREADY!!!LOL!
rightisright - oh yeah - because you have inside information the media doesn't have? The majority of Americans want President Obama for a 2nd term and will prove it in November. The right wing GOP has nothing to offer and people see that more and more every time Romney opens his mouth. He doesn't have a clue about leadership and it shows more and more every day.
Calling the President names shows your low intellect. It says nothing about President Obama but says everything about you. There is no sanity, intelligence or integrity in the GOP!
Believe in America in pdf at www.mittromney.com "There are 1.25 million high-skilled jobs available even in this bad economy. Mitt Romney would raise the visa cap to fill these jobs with highly educated immigrants."
Believe in America in pdf at www.mittromney.com "Mitt Romney would attach a green card to the diploma (math, science, or engineering) of every legal immigrant who was offered a job in America"
Believe in America in pdf at www.mittromney.com "Day one, Mitt Romney would sign the Asian Free Trade Agreement"
FOR SALE: THE UNITED STATES OF AMERICA- Call Mitt Romney today!
right is right,
[The media keeps saying that, but its not true.] Proof/citation please other than Rasmussen.
[or politico] Politico is a Right leaning publication/site. It’s the only one George Bush claims that he reads.
And what value is represented by irresponsible and continued borrowing of funds from foreign governments that we cannot repay? What value is represented by increasing the stranglehold on working Americans (what few of us there are left) with increases in taxes and "fees" (which is a fancy way to hide punitive taxation. What value is demonstrated by rewarding those who came here, work here, stay here illegally with free food, shelter, education and medicine, while those who are born here can lose their homes and go hungry for want of a job?
Hey, Sue -- Republicans invented fees. They've been raising your taxes all along but telling you they aren't. At least Democrats are a little more honest about it.
And you don't think that the destruction of UNIONS has had something to do with the stranglehold being placed on working Americans while their jobs are shipped overseas and their pay and benefits are slashed? Seriously?
Glad to see bigben here with his fresh off the press poll numbers,,,we something to make us laugh,,thanks ben.
This is what Mitt Romney values --
http://dealbook.nytimes.com/2012/05/14/jpmorgan-names-new-c-i-o-to-replace-ina-drew/
Someone surely left the gate open. '
But you know what's REALLY funny? Having made $14 million last year alone, and having presided over such a huge loss, the only question remaining about Ms. Drew is how big her SEVERANCE PACKAGE will be, while shareholders and accountholders and cardholders will no doubt have to make up the slack.
Nice work if you can get it.
By the way, adoption of the Volcker Rule might have prevented this debacle. And of course, Chase has always lobbied against it.
http://dealbook.nytimes.com/2012/05/11/before-big-loss-jpmorgan-was-one-of-volcker-rules-fiercest-foes/
"Restrict its effort to rein in risk-taking"? Too, too funny.
"Unacceptable costs"? Well, Chase ought to know them when they see them.
Mitt Romney opposes the Volcker Rule, too.
http://www.republicansforobama.org/node/10180
And THAT'S what's wrong with this picture.
Obamanomics= Spend 6 Trillion dollars and have nothing to show for it.
Obama campaign strategy= after wasting 6 trillion make the other guy look like he dont know what he is doing to cover your utter and complete failure!
I love it. I hope Obama keeps it up and we talk about jobs and the economy all the way to election. This failure and empty promises of a President will lose.
To: Beisty Feisty (lol) left of left who wrote,
OK, let me tell you about values here from our President. The only reason that President Obama EVOLVED was because he saw big MONEY ahead of his already decision made on Gay Marriage when he was running back in 2008. He was against and that is why get got OUR Black vote. He knew that if he stood against it he would loose be bucks from the Gay Community and let's not forget Hollywood.
As one of my black sister here in my job said it "Obama sold his soul to the DEVIL for Money"
What type of values does he have. What Change and Hope? No change in my pocket and Hope he's gone soon.
Devdoc12able
You really don't understand economics, do you??? Obama didn't spend $6 trillion (he spent more, if you count total expenditures) in deficits; more like $4.7 trillion, and even that is only if you add up all of the deficits. Much of the deficit was caused by lower revenues and higher spending on safety nets thanks to the recession (thank you monetarism and Reaganomics). Obama technically spent far less, if you count his actual spending bills. And millions of jobs have been created because of this "wasteful spending," ask the CBO.
OBAMA BIDEN 2012
Willard Romney and the GOP don't seem to understand that government isn't supposed to be run like a business. Governement is supposed to do what is needed to enhance the lives of all US citizens and the managers of government are supposed to to what is right, even if sometimes it may not be the most profitable course for the managers or the government.
If governement was run like business, Congressmen and Senators would do what they needed to do to increase their own personal wealth. Government would be run to increase the profits of those who help the managers, regardless of the cost to the majority of the nation or if it is the morally correct thing to do....... OH, .... right, now I know why the GOP wants a businessman to run the WH.
WND EXCLUSIVE
Commies storm Obama headquarters
President praised radical group founder as 'great reformer'
http://www.wnd.com/2012/05/commies-storm-obama-headquarters/
Feel the same way about a CBS/NYT poll? It's being reported a CBS/NYT poll of women, republicans, democrats and independents, released last night had Romney leading Obama among women 46% to 44%. Is that the results the democrat "GOP War on Women" was supposed to produce?
The real "vulture" on the American family has been Obama ....
Having the total debt per family now owing $692,717 now under Obama ....
Obama is surely the worst president in the history of history without question ....
Dead on, my friend.
Where were u when Bush was here?? He doubled the debt during his tenure, and he presided over a relatively okay economy??? It's normal for the debt to go up after large recessions. Apparently you are devoid of economic knowledge...
OBAMA BIDEN 2012
DEATH TO THE FISCALLY IRRESPONSIBLE GOP 2012
and obama doubled that debt in less than 3 years.
i don't think that anybody on this forum is politicing for President Bush.
ANYBODY BUT OBAMA 2012!!!!!!!!
THE ONLY AMERICAN RUNNING FOR PRESIDENT.
Geez...you goosesteppers need counseling. Probably 20 different legitimate things where Mr. Obama is worthy of criticisms and you iddiots go after the things that aren't his fault. Good gosh, you people are incredibly dense.
Dennis- the problem with eliminating the electoral college is that if you do that, Idaho, Montana, Alaska, and probably, most southern states would never see a candidate. After all, if a state has very,very few voters in it,why bother going there. On the other hand, if a candidate expects a very close electoral count and Idaho or Montana are in play, they will likely see a lot of attention. There's something to be said either way. I don't see it so black and white.
The only poll that counts is right before the election. However, President Obama currently leads in many polls other than that FOX poll.
Obama's lower poll numbers , than Romney's , isn't leading .... "LOL"
I love the internet for fact checks and debunking lies.
For example:
Associated Press/GfK Obama +8
Reuters/Ipsos Obama +7
IBD/CSM/TIPP Obama +7
Job1 - you can't reason with bigbenalaska - probably Palin's brother!
haha ss, bigben has nicer things, and more accurate than you.
anyone thats friends with an unrepentent terrorist is bad news.
The words out.
There is a communist in the white house. lol.
stock market will continue to tank until the people with money are sure the commoners wont bite the hand that feeds them.
(thats me, feeding you) lol
Uh rightiswrong, the stock market has been going up since Obama took office in case you have not looked, and it seems Europe has more to do with the stock market than any one person. Still with the communist, that a real rutt you got going there or is it terrorist, you do know they are not the same thing. And what nicer things does bigben have than Job1 and who cares are we back to comparing money. How old are you 8.
rightisright - are you in 3rd grade or what? bigben has nicer things and more accurate than me? What the h**l does that mean?
friends with an unrepentent terrorist? You mean like Bain capital???
you, feeding me? Now that's rich!!!!! I'll put my paycheck against yours any day of the week! You truly need some mental help. Go back and talk to the little men in white coats that give you your meds, okay?
The only poll that matters in the one that asks "is the country in the right or wrong direction". 60% say the wrong direction. And the current administration will be blamed for that.
Actually Congress will be blamed for that. They have 1/5th
the approval rating of the President and they make laws not the President.
Rather have a communist than a fascist 1% sellout.
OBAMA BIDEN 2012
Dennis, better reread the job duties for both the executive and legislative branches concerning how laws are made. You are implying that obamas signature resides on no bill passed since he took office. Congress needs not even be the originator of a bill, but a member of congress sure has to sponser it for it to reach the floor for debate.
It is ridiculous to try arguing that obama or any POTUS doesn't play an important part in the process of law creation.
Obama's Approval Plunges Below Worst-Ever President Carter
http://www.newsmax.com/InsideCover/Obama-Carter-Gallup-approval/2011/11/29/id/419436?s=al&promo_code=D9C0-1
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/
18 Statistics That Prove That The Economy Has Not Improved Since
Barack Obama Became President
http://onlinecashonline.com/tag/stupid-government-funded-programs/
http://cowboybyte.com/4518/the-true-unemployment-rate-36/
The True
Unemployment Rate: 36%
Workforce participation is the metric that really matters.
by John Hayward
was Massachusetts better off after Romney became Governor. YES!!
is the U.S. better off since obama became president? NO!!
Texas Inmate Picks Up Presidential Votes
http://www.wvmetronews.com/news.cfm?func=displayfullstory&storyid=52594
honest joe,
[Obama's Approval Plunges Below Worst-Ever President Carter]
Really, a poll from last year !!!!!!
Our President’s approval rating is at 53% in the most recent AP-Gfk poll (May 3-7-2012).
http://ap-gfkpoll.com/main/wp-content/uploads/2012/05/AP-GfK-Poll-May-2012-Topline-final_OBAMA.pdf
honest joe,
[The Worst Economic Recovery Since The Great Depression]
[18 Statistics That Prove That The Economy Has Not Improved]
Before this recession the worst ever recession was the double dip recession in the early 80’s. This recession was twice as deep with GDP at minus 8.5%.
[The True Unemployment Rate: 36%]
No creditable source has ever had this recession above 20%. Most measures now stand at about 15-18%. You will need something more substantial than that single report. Nowhere in the report, other than the title, does it say that the unemployment (U-6) is that high, at 36%.
OMG first grade all over again, mine is bigger no its not yes it is no its not. We have not even got to one debate and we are trying to say who is winning. I bet we won't know who wins until November. Any Takers
“If he's going to run the country the way he ran our business, I wouldn't want him there,” Soptic says as the camera pans over newspaper clippings about Bain putting “profits first” under Romney. "
It always comes down to class envy and anti-free enterprise for the Left.
Kudos for mentioning that Steve Rattner called the ad 'unfair'. "Bain Capital's responsibility was not to create 100,000 jobs or some other number," said Rattner during an appearance on MSNBC's Morning Joe. "It was to create profits for its investors..."
Romney is wrong if he claims Bain itself created jobs, just as the Obama leftists are clueless in blaming Bain for companies going under.
The role of Bain was to create profits for its investors...it is called capitalism, a dirty word for the socialist loons. And by creating profits and a booming economy, we all benefit. Except the public sector parasites, of course.
Someone better put profits first, else you have no business. This is the core of the problem. The Left believes corporations are there to produce jobs. No they are not. They are there to produce profits to their owners or stockholders. The more successful a company is, the more a company grows, then they employ more people. A well run company will produce that growth, and with growth comes jobs. With the economic environment Obama has constructed, that growth is not possible in the country. With all the new taxes due in the new year (end of the Obama/Bush tax cuts), end of the Obama payroll deduction taxes, threats of increases to the capital gains tax, Obamacare taxes kick in - unless ruled unconstitutional, and the 'tax the rich' populist rhetoric Obama is so fond of, businesses are reluctant to hire, because they know they won't be growing, not with Obama-nomics.
JAS what is the difference between a Country and a Business. I can think of one. A country does not produce a Product. How about you.
JoAnna, stop making sense, you will irritate the moonbats.
Ask a fair question and what do you get from the right, NOTHING no answers just insults thats all they really have.
Believe in America in pdf at www.mittromney.com "There are 1.25 million high-skilled jobs available even in this bad economy. Mitt Romney would raise the visa cap to fill these jobs with highly educated immigrants."
Believe in America in pdf at www.mittromney.com "Mitt Romney would attach a green card to the diploma (math, science, or engineering) of every legal immigrant who was offered a job in America"
Believe in America in pdf at www.mittromney.com "Day one, Mitt Romney would sign the Asian Free Trade Agreement"
FOR SALE: THE UNITED STATES OF AMERICA- Call Mitt Romney today!
Tis the Season - there is no reasoning with JAS or Bob in Virginia. Reason confuses them and they have no answers. Then the "moonbat" name calling starts. You can't reason with stupid - and that fits both of them.
Got Tis going.
Here's another difference Tis. A company can't print money when it runs out of it (QE1, QE2). And as a business, try getting a loan when you're borrowing 40 cents on every dollar you spend every year to stay afloat. Let us know how that works out for you.
JAS correct a business can not do that but they can loose 2 or 3 billion dollars in 2 months, and that is just one business. A country can start two wars and a drug program on a loan so there is one thing a country can do that a business can't. Hey now were up to three diffenence, how many does it take to make businessman unfit for President.
About as many as it takes to make a community organizer unfit for president.
Obama tried. He failed. Time for someone else to give it a go.
So you want to start with a known looser now that logic for ya. Ben to alaska have ya.
Known "looser"? We already have a known "looser". He lives in the White House, but just for a few months more.
Bob in Va -
I think that you have to parse the difference between "Vulture Capitalism" and "Real Capitalism".
A Vulture Capitalist - ie Baine - is interested in maximum return for their investment. This often means that people lose jobs in the name of "productivity".
Real Capitalism is building a business for profit AND for the good of it's employees.
There is a difference. Henry Ford accidentally stumbled upon the Real Capitalist formula and it lead to the greatest growth of the middle class in the history of the World.
Making money and running a business are two different things, with different objectives.
JoannaSmith1: if business owners are not supposed to create jobs, why has the GOP insisted on calling wealthy people "job creators" ? Or have you finally conceded that the monikor is a FAILURE ? In other words, there is no relationship between lower taxes for the wealthy and jobs ? If there is a relationship, its that at higher tax rates, greater investment in people is made so that more people have jobs, who will buy more, and eventually job owners will make more money, for a longer sustained period. Its called growing an economy, something a vulture capitalist does not care about.
The GOP constistenly says "government does not create jobs" and "business is not there to create jobs" yet they want to blame President Obama for not creating jobs or not having business create jobs. Make up your mind, either government can help (when it is not filibustered to death) or it can't.
The reality is, work in a business does not prepare you to be the President of the United States. Since Mitt Romney was apparently a failure as a governor (did he do anything significant as governor ?) he has no credentials which prepare him to be President of the United States. While Barack Obama was out teaching people to be involved in their community and in government, Willard Romney was busy doing his best Gordon Gheco impression, in REAL LIFE, with real money and real people losing jobs.
While Willard Romney has spent the last six years running to be the Republican nominee, Barack Obama has been a United States Senator and he is the President of the United States. The difference is readily apparent, Willard Romney is a wanna be, while Barack Obama IS and will continue to be.
Finally, somebody one-uped JAS1. Good job, dirp.
Hmm, when a poor guy questions why the wealthy control most of the income made in the nation, he is demonized as a no-good socialist, but when a wealthy man is given a new tax break, he is called a "job-creator." Why is that??? Lefties like me don't oppose free enterprise and opportunity; what we oppose is how people abuse those principles for selfish reasons. I don't envy the 1% because their successful; I am angry with them because they control over 40% of the income made in the US. Is that fair??? I only want the wealthy to pay their fair share, which in my opinion is around 45% for income and 25% for the capital gains tax. And before you point out that raising the capital gains tax will lower revenues, which is debatable, it could reduce income inequality and thus allow the real job creators (aka the middle class) to spend more in order to help the economy. Bob, the wealthy control the majority of income earned in the US: how the hell is that fair??? Wall Street caused the recession, tanked the economy, and yet your damn party opposes any meaningful measures to clamp down on their shady practices. Why is that??? Afraid that the "job creators" will pack up and leave??? The wealthy will stay here until the day we turn into the Sahara Desert; why??? Because we are still one of the largest consumer markets IN THE WORLD; aka, more money to be made. So what if they pay a little more; as long as they are making profits, they won't care. I say abandon this voodoo economic junk theory, go back to good old Keynesian economics, raise taxes, impose tougher financial regulations, and reduce income inequality to get our economy going again. If it be class warfare, than cry havoc, and let the slip the dogs of war. I don't want to keep sitting down while some right-wing idiot in Congress is defending the wealthy instead of the middle class; I'd love to go over there and kick Speaker Boehner's ass on his no-tax pledge. Give the middle class a chance to fight for their rights, Bob. Give them a chance, I promise that you'll get a run for your money.
OBAMA BIDEN 2012
I think the issue is, would a business man make a good president. Depends on the business. In this case Mitt's job was to make investors money at all cost. That was the job. So move that to a country and what becomes his job. Make money for investors nothing different not even the investors.
Simple answer is for the country to provide an environment where business can create products that the countries populace wants at a fair price without undue record keeping for both the business and their customers.
Just think, the business creates, the consumer wants more and the country (investor) has increased revenue. Yet you want someone with no creativity to remain as CEO?
I am more concerned about someone wanting companies to keep poor records and why. And I think we have seen just what businesses will do with poor controls on them. JP Morgan comes to mind right now. Coal mines that do not want safe conditions for workers since it cost more that replacing a dead worker. At at the end of it all I do not want a CEO I want a President.
So, more regs will prevent a company from making a mistake? How droll. JPM's dimond fessed up to their mistake. Interesting thing is, JPM has already covered its loss with its own profits. Perhaps you are suggesting that JPM is asking for another bailout?
Obama couldn't fiscally manage a wiener and potato chip cart .... "LOL"
Bigben, I have been told by the righties here that one liners don't make it. Unless of course you are a righty. How about a clear uninsulting comment for a change. Or is that above you.
Tis - it's above him. Thought by now you knew that!
Tis the Season,
Since you don't like one liners, how about:
"Obama couldn't
fiscally manage
a wiener and potato
chip cart"
That's a four-liner. :-)
I believe that is not only a four-liner, but might well qualify as Hai Ku too.
cubs not bad it only took you 26 mins to come up with that one, but your still in 2nd grade so we won't worry about that you still get a B.
Tis - he made it to 2nd grade? Are you sure?
BIV in this case Mitt is the wrong type of business man to run a country. This country runs on jobs not investors, its not all about making profit. This country and its Goverment is to make its peoples living conditions better and safer and sorry to say investor do not care about that but as you clearly point out they do care about profits. Captialism is not the problem but the symptom.
Then why was our government so intent on currying the favor of foreign investment several months back????? What is the difference if the current administration seeks the investments or a previous or future administration does? And isn't owing China just about everything but the kitchen sink a form of investment upon China's part, but rather than being co-operative and willing, it seems to have an adversarial edge to it.
Sue,
China holds 12% of our National Debt – the unions hold more of our National Debt than any foreign country, they even hold more than the insurance companies.
“We view Mitt Romney as a job destroyer,” says another former employee, John Wiseman.
We view Barack Obama as a jobs destroyer, and the numbers prove it.
BIV. Have you seen the graphs that show since Obama came into office we have been adding jobs not lossing jobs, or are those faked. Show us how the numbers prove it. Show us the studies and the numbers of jobs lost. Unemployment are numbers from before he was President so move on from that line.
Oh that Republican bubble they live in. The facts aren't allowed in.
Obama is poised to be first president in history to end term with a net job loss. That is a fact.
Yes BIV and I have no doubt that Obama created that job loss right. Still trying to re-write history. I think they have a job opening in Texas for new class books, they love to re-write text books there.
lol, if there are so many people working, why is barry crying he doesnt have enough federal revenues?
Because the percentage of working people is back to the days of carter.
52 percent of americans get federal assisitance
obummer is gone, god forbid you libs might have to get a job.
gooo mittt, lets go back to 4 percent unemployment and 300 billion dollar deficits.
let me please put an ad in the help wanted and only get 3 phone calls in response
let me please have so much business income i actually have to write quarterly checks to federal and state
let me please say no thanks to jobs i dont want to take
obummer is dividing and destroying, just like a despot. ohh yeah, he also bypasses all branches of govt, even making up his own!
what is there to like about him anyway, cause hes "nice?" pulease!!
Foreclosed homes, vacant homes don't generate tax revenues....so those homes still occupied have to make up the difference which is why your home lost half of its value, but the tax rates are going up and up, even though the property is worth less.
People unemployed are not paying into social security, are not paying federal and state taxes, so the solution is to raise taxes for those who are working, thereby forcing more people into the realm of poverty level subsistance-except that this bunch is the working poor. Increased taxes on gasoline, heating fuels, property....Charging sales taxes on real estate transactions for the first time in history....And how beneficial is that for the person who has to sell their home, as they can no longer afford it, to give away yet more of their money to the government instead of using it to care for their family needs.
LOL....
The department of labor reports every thursday on initial (aka new) unemployment claims in excess of 300,000. Under obamas leadership one might conclude that obama and company is indeed a job destroyer, after all numbers don't lie. <end sarcasm>
Actually Mr. Bush took care of that. 4.4 million jobs lost. However, President Obama so far has added over 4.2 million jobs.
God I love facts.
Job1 and you know facts are lost on these nimwits, they can only throw insults and taking points or re-write facts to fit their needs just like textbooks from Texas, The republicans are the only ones who know whats right for everyone just ask them.
Republicans do know whats right for everyone else, they know that the only things to the right of a republican are the bottom of the cliff and Lucifer (when Lucifer is having a bad day.)
Interesting on how the lwnj's spout numbers as "facts" but don't provide collaborating sources for their numbers.
Dirp - ????
BAIN MANAGES 66 BILLION IN EQUITY. its no small task. and then pay romney 27 million on top of that!
i would love a company like that managing my business.
GOOOO ROMNEY up by 10!!! lol!!!
rightisright- then you should hire Romney 'cause he'll be looking for a job after November, 2012.
na, he makes 27 mill a year. one smart guy. obv a leader.
Would a leader refuse to compromise on the deficit with Democrats??? Didn't think so, righty.
OBAMA BIDEN 2012
And Bush also made millions in business; how good a leader was he????
Believe in America in pdf at www.mittromney.com "There are 1.25 million high-skilled jobs available even in this bad economy. Mitt Romney would raise the visa cap to fill these jobs with highly educated immigrants."
Believe in America in pdf at www.mittromney.com "Mitt Romney would attach a green card to the diploma (math, science, or engineering) of every legal immigrant who was offered a job in America"
Believe in America in pdf at www.mittromney.com "Day one, Mitt Romney would sign the Asian Free Trade Agreement"
FOR SALE: THE UNITED STATES OF AMERICA- Call Mitt Romney today!
Excuse me.....exactly where are these jobs....My husband, with a Master's Degree and over 25 years work experience would love to know as he has been out of work for almost a year.
Sue, I feel for your hubby. If he finds a way to prove age discrimination with 4 applicants/job let me know or for an employer willing to hire someone when another can be had for less.
If all I was interested in was my investment I would too. But a Country is not a business investment not even close.
Why are we taking the word of the ultimate Redistributionist who would double our debt in six years and triple it in ten (according to the CBO) on how good or bad Romney's economic policies are?
Sheez, that would be like listening to Bill Clinton preach about how immoral a candidate was.
Hey Cubs there is a great new budget plan out their by the right have you read it yet. It seems to do just what you said increase the debt, Good Job Dude.
Have you read the budget put out by the democrats? Oh, that's right. We haven't had a budget since the democrats took over. The last balanced budget was passed by a republican congress and signed by Clinton. So it's been a long time since either side has had any fiscal responsibility. It seems that the left is going to demonize anyone attempting to balance the budget. All I hear out of them is "the rich need to pay their fair share." How much is that exactly?
Ah, I just love the rightwing crazies. Never let the facts get in the way of a good insult. Morons.
Hey you have to go with what you have and a joke is all the right has.
Tis
OK.....here it comes.......the right is just ONE BIG JOKE!!!!!!!!!!
99% of them at least.
Romoney's economic values = playing with other people's money & lives!
Money yes. Lives that just the cost of doing business who cares, right.
yep, Suzq, sounds just like the government, collecting OPM and borrowing even more so that they can pay out interest on what they borrow. How efficient is that...LMAO!
Seems that the difference between business and government is that business at least makes the effort to give more back to their workers and investors. Or at least break even.
The governments plan is don't even try to break even as a vote is it's own reward.
American have you seen the latest numbers on the income spread between CEO's and workers, so were is this giving back to the worker oh ya. get rid of unions, loose the fair pay act, who needs a minimun wage, so much for retirement funds, you bet companies care about their employees all right. I don't think I like your idea of break even, based on who's idea of what that is. Nice try American but you need to take advantage of the higher education system while we still have one.
Tis and you need to keep to the point of what suzq implies vs what the government does.
BTW - ever hear of competition in the workplace? You know, students with the academic records and performances get the multiple bids for high wages and bennies. Same in sports, You think companies don't have to bid on talent for their top slots as well?
So you don't like the term "break even", I gather you don't like the notion of profit either, you know, have some money set aside to cover emergencies. After all, many states have emergency funds set aside, you know their own version of profit.
I would say that you must love the expression of "deficits don't matter". After all that is the only option left.
Speaking about education levels, doesn't the dept of labor already ensure that American workers already have equal access to a safe and healthy work environment with competitive wages? So now you want to imply that union workers will provide the US with competitive products for exporting or even domestic use?
yeah, geitner is doing such a good job, with obummer, that the only people buying our debt is the fed. (that means printing money, for the dummies)
which means, if obummer is reelected, the world will know there isnt a chance of democrats or obumbles to balance any budget
which means, PAIN PAIN PAIN
SEE EUROPE. Austerity aushmerity. we aint payin anyone back! lol! witness the pain now!!
Obama hasn't got a clue of anything financial related...he has ZERO experience in the real business world. For Obama to talk on this topic is like Kim Kardashian being a credible source for brain surgery techniques.
Bain has many successful companies too that create lots of jobs and wealth. Obama is spinning it to sound like all of Bain's assets are closed and sold for profits...not so. However, if the company you worked for was already in financial hurt prior to Bain taking over...do not blame Bain, but rather your former management team that put your company at financial risk to begin with.
Question if Mitt is so experienced in being President why does he need so many advisors? Just asking.
Tis, to bad obama doesn't listen to his.
American you did no answer my question just deflected it as per Repug operating procedures. Do you have an answer or not, if he is so smart then why does he need so many advisors and why does he fire the gay ones.
Running a business and running a nation are in no way related.
Want to know who the last "successful" business person to ramp up into becoming POTUS was?
Herbert Hoover - the man who gave us the last great depression.
You have Leaders and you have Feeders. Most CEOs of major organizations, such as Romney, have qualified staff or teams of advisers surrounding them to help them more effectively lead a company. The difference between Romney and Obama is that Obama has had to be spoon fed by his advisers...er Czars...whereas Romney will have experience he can glean from in previous posts as CEO to understand on his own merit and experience what his advisers are telling him. I think Bush and Obama are like toddlers compared to Romney's executive experience.
Bobby Bo - The fact that you are comparing Romney to Hoover solely based on their " personal success" and that Romney would do the same thing as Hoover because of his success is just a childish level of reasoning on your part. If anything, Hoover and Obama have more in common policy-wise. Hoover's last straw in killing the economy was to raise exorbitant taxes on the wealthiest Americans and on corporations....which is exactly what Obama wants to do now, with an already shaky economy.
Truth hurts, and just what are you basing your opinion on how successful Romney would be, George Bush. It works both ways and all you have to offer is your opinion and what makes that so great, who do you compare yourself with?
Tis...he has advisors like any intellegent person would, to get more than one point of view..(what a dum remark)
Then that means Obama is intellegent as well as he has many advisors as well, of course you will not admit that will you. Only Mitty is smart to have advisors and all of Obamas are worthless right. Come on you know that what you will say, its all you can say. Now come back at me with some other dumb or nasty comment. Thats all you can do.
CORRECTION: Hoover raised taxes during the recession, while Obama proposes to raise them during the recovery. And some of the money would go to infrastructure projects and education, so I think that would balance out the possible economic backlash.
OBAMA BIDEN 2012
ENOUGH OF RIGHT-WING CLASS WARFARE 2012
lol freshie, lol! recovery, lol, raising taxes, infrastructure projects, lol! i think there is a bridge for sale, lol!
fed gov website. spending in 2007 2.5 trillion with a 300 billion dollar deficit
spending 2011 3.8 trillion 2.7 trillion in revenue. lol. where is the infrastructure spending now?
its not a revenue problem, its a spending problem.
yeah, lets give them more! lol!
Revenues are less than 18% of GDP. In fact, they are 14%. We need more revenues, and we cannot wait for the economy to fully heal for that to happen. We need to repeal the Bush tax cuts, gradually to keep the economy moving forward, and then reform the tax code to make more revenues. And the reason we are spending so much is because of the RECESSION. Get that in your little right-wing head, right, and you'll understand the truth....
OBAMA BIDEN 2012
Tis, the answer was in your own question. just as it was in mine. No deflection, just a simple answer for simple people like you to see. Looks like I made it to hard for you, but I see others added more fleah to it.
Like I said, obama doesn't listen to his own advisors. boles-simpson (sp) and his own jobs commission comes to mind as well as S&P's own credit downgrade warning.
I find it funny how you are against raising taxes to solve the deficit, yet criticize Obama for allegedly ignoring Simpson-Bowles (which Politifact ruled as false) when that very same commission advocated for revenue increases. Sounds a bit hypocritical. What say you??
OBAMA BIDEN 2012
"This is what I know. Mitt Romney was not at Chappaquiddick. Mitt Romney has not been accused of rape. Mitt Romney did not have an affair with a mob babe. He didn't have an affair with an actress who committed suicide later on. Mitt Romney did not father a child out of wedlock. Mitt Romney did not support the tapping of Martin Luther King's phone. Mitt Romney was never a member of the Ku Klux Klan. Mitt Romney did not lie about his law school grades. Chappaquiddick is Ted Kennedy. Accused of rape is Bill Clinton. Affair with the mob babe and an actress, John Kennedy. Didn't father a child out of wedlock, that's John Edwards and Democrats too numerous to mention. Didn't support the tapping of Martin Luther King's phone, that's Robert Kennedy. Never a member of the Ku Klux Klan, that's Robert Byrd. Didn't lie about his law school grades, that's Joe Biden. All Democrats, and all of those Democrats did those things well after high school. And Obama even wrote in his book 'Dreams from My Father' how he bullied a young girl. And he hasn't even apologized."--radio talk-show host Rush Limbaugh
BJand which one of those left office in disgrace before the end of his term. And to a much bigger point, Obama did not do any of those either. So what is your point exactly.
So Bob....you're trying to make some kind of argument quoting Rush Limbaugh? Are you serious? I assume you know there are PLENTY of republicans that could be added to that list, don't you? Moron. (you and Rush)
Seriously? You are trying to use Limbaugh Logic to argue a point?
That is almost as ridiculous as using Reagan math.
Well said bobby,,,that's about as funny as bigbens poll number report.
Citizen of the United States of America,
That story about same sex marriage is old than the bible. Its not the most important for now WHEN THE ECONOMY AND IMMIGRATION AND JOB ARE IN A BALANCE. Don't want to say the FUTURE OF THE COUNTRY.
In several occasion, the President Obama announced an IMMIGRATION REFORM who no one have ever seen. I know that He have been trying... BUT YOU ARE THE BOSS MR. President... How many people in the country paying there tax every year.... and have been here for more than 20 years and today doesn't have a green card. Have you ever thinking about that and you talk about gay marriage... this is they life....I have nothing against a man to be gay.... I have a lot of friends who are and I can tell you.... they are the most respectful and wonderful person. you want to get back in track..... OK . talk and make action on immigration for those who for decades are in the country... all those Mexicans who's doing the job that other wont to give food to others. Have you ever seen a hard working man hand.... those who go to school to be something for the country.... THIS WILL BE YOUR POLITIC AND YOU'LL BE BACK ON TRACK.
Take Mr President my advise as always give to you and you'll see.
Willard is just another symptom of the sickness that has infected our National Character.
Saint Reagan introduced the original infection. He convinced middle America that we could have it all and never have to pay for anything. Unfortunately, two Bushes and a financial meltdown later, the time has come to pay for Saint Ronnie's voodoo economic fantasy.
Willard is the latest magic feather that the ignorant are grasping for. Willard made lots of money at other people's expense while at Baine. That is not how running a Nation works. The USA is not a for profit enterprise.
Willard is just another easy way out for the non-thinking.
The road out of the hole that the followers of Reagan have left us in is long and expensive.
The problem is that no politician has the brass to utter that awful truth.
Electing another tax cut for the wealthy, screw the working man Republican will likely kill what is left of our economy.
WAKE UP!
And what do the democrats and you lord and savor Obama have planned to fix things? Here is a hint nothing!.
I hear from Obama. I have a plan to fix this or fix that. No details, no action to be taken. Just a plan that he seems to keep to himself.
Dev. look up once in awhile and you will see its not Obama speaking it Romney, have not heard one specific from him just I can create 500,000 jobs per month but nothing as to how or were he will create those jobs.
Devdoc12able
it's evolving.
obama's plans evolve from "i don't know and i am confused" to
"i don't know and i am confused"
it's a good thing that obama has biden to keep him straight or we would be in a real mess.
I have never seen so many comments by individuals without the ability to put something into context. Do they wake up and wonder why they set an alarm clock?
Gee people, Obama was elected by the largest majoriy in how many years, with House and Senate majorities and the wonderful right that believes in the power of elections immediately went into non cooperate mode(remember the head of the teapug Demint-"we will break him dated Jan 2009) yet the economic remedy to combat depressions is stimulus. How many Repugs voted for the bill?
Dude, wake up and smell the coffee. Obama ran against a CONVICTED FELON NAMED KEITH JUDD SITTING BEHIND BARS IN A TEXAS PRISON and could only come out with a 59%-41% win in the West Virginia primary. That's pretty sad.
That is more a sad statement for West Virgina and their intelligence. Sorry but true.
West Virginia is a conservative area. Didn't like the poll, but an 18-point lead is as good as any.
OBAMA BIDEN 2012
i would feel confident in saying that i don't think that he will win with any kind of overwhelming majority this time. if obama wins it will be a squeaker but i am expecting Romney to win in a landslide.
And what experience did Obama have at anything when he was elected? What lessons has he learned as POTUS?
How to spend 6 trillion dollars and get no out come?
Obama's attempt at adventure capitalism with Solyndra using Tax payers money sure doesn't point to any sound judgement.
Dev you just missed something important. How many Companies did Bain under Romney take over and fail. You just have to start paying attention.
Dev one other point for you. Pointing to Solyndra knowing China undercut them is no different than the Republican House undercutting the Democrats. So who are the communist now. China/ Republicans both working to stop America from Seceding.
Tis ........ How many companies did Bain save? Most of not almost all of the companies that failed under Bain were failing already. Banks would not loan them money because they were a risk.
As for you Solyndra point....It was known that China made the solar panels cheaper and that no one would buy them from Solyndra but Obama went ahead any way. Wasting a half a billion tax payer dollars
Dev, why would Bain buy a company that is failing then. If I remember Correctly Obama saved two very large auto makers in this country and how many jobs did that save and banks would not loan them either. As for Bain saves please list them.
I just got done running the numbers for Therman Merman on another thread. Obama has raised the national debt at a rate nearly two and half times the rate at which Bush raised it. The guy is a spend-a-holic.
You want the exact numbers, lemme know.
What I want to know is how has he raised spending since none of his budgets have been pasted. And what I have seen of his budgets have contained spending cuts. Health care has not gone into effect yet so no spending there, no military spending on his plate since none of his budgets passed, GOP trying to keep military spending up and not cut. And best for last. The house and senate do the spending even when Bush was in office. We can blame presidents for spending but not without the authority of the House and Senate. They write the checks. So if you want to show us something then show us the programs he has passed without senate and house approval and the cost of each.
It would be fun if he'd release his credit reports from before he was president. I'd guess he was just as horrible with managing his own money.
N loves I believe Obama did release many years of tax returns when running in 2008, that should give you what you need. Guessing is done by someone without Ideas.
The only jobs romney ever created were part time with no benefits or short term like the current horde of RNC trolls waging war on POTUS.
O'Bummer's new theme song should be a parody of the old Tennessee Ernie Ford song "16 Tons".
-- America is "another day older and (Trillions) in debt."
St. Peter don't you call me cause I can't go, (my family owes it's) sole to the (country's) store.