COUNCIL BLUFFS, IA -- Mitt Romney condemned President Obama's assessment of the private sector's health as "fine" on Friday as a misreading of historic proportions.
The presumptive presidential nominee seized on the president's comments hours earlier at the White House, accusing Obama of being "out of touch."
"He said the private sector is doing fine," Romney said. "Is he really that out of touch? I think he's really defining what it means to be out of touch with reality."
Republicans were quick to pounce on Obama's line at a press conference this morning, which was meant to contrast the relative health of the private sector versus the public sector, which has had to weather layoffs prompted by cuts to government spending.
"The truth of the matter is that, as I said, we've created 4.3 million jobs over the last 27 months; over 800,000 just this year alone," Obama said. "The private sector is doing fine."
(An Obama campaign spokesman emphasized the 3.4 million private sector jobs to have been created during the president's tenure, though said much more work needs to be done.)
"For the president of the united states to stand up and say the private sector is doing fine is going to go down in history as an extraordinary miscalculation by a president who is out of touch," Romney said.
Obama's remarks were intended to goad lawmakers into taking action on his stalled jobs plan, particularly to boost hiring of government workers -- teachers, police and firefighters, among them -- at the state and local level.
Romney labeled that plan as effectively a new round of stimulus.
"He wants another stimulus, he wants to add more government workers," Romney said, "Did he not get the message in Wisconsin?"
NBC's Carrie Dann contributed reporting.


*yawn*
So Willard the predictable launches another attack to distract!
Why doesn't Willard tell us, whether or not he agrees, Congress needs to get off their obstructionist asses and DO something between NOW & November?
Only yesterday, Eric Cantor came forth to proclaim the plan is to sit on their hands until after the election.
Guess Willard is on-board with that brilliant idea since he hasn't said otherwise...
What does O know of the private sector?
He's never participated in it.
What is the New Party's thoughts on the private sector?
Can't wait to see a pdf of O's New Party candidate pledge.
"The private sector is doing just fine."
Yeah - Romney's out of touch.
So libbies how bad is Obama going to get pounded for that absurd statement?
Cause you know, all of us private sectors people are feelin' just fine.
Duh.
Some businesses are reporting record profits and sitting on piles of cash. Apparently some in the private sector are doing just fine.
Corporate profits & CEO's compensation are at record levels!
While the average workers pay remains stagnant...
Feisty -- Perhaps the businesses that are whining are doing so because they want a hand out from government?
Spin, spin, spin - Spanky, there you go again, trying to spin straw into gold. Who the hell do you think you are, Rumpelstiltskin?
Obama/Biden 2012
Lunch Break,
Here are some numbers for all, yes they are polls and I got them from your favorite site MSNBC.
Mr. President you are out of touch and the Country is seeing this from both sides. Romney, you do need to show the rest of your taxes now.
Psst: Don't :
Or maybe Obama needs to read a little Jim Pethokoukis, who reminds us:
I guess the only thing you say to a President that deluded is: “There you go again.”
Ah Spanky -- Much better than the 700K we were shedding when Bush left office. Also, Reagan had the benefit of having no obstructionists in Congress with an agenda to halt economic recovery back then.
fiesty pull your head out of your big fat ass. The average worker is the private sector not the ones at the top. The private sector is doing just fine, yeah right bammy keep saying it until Nov. when we the private sector sends your ass packing. Mitt doesn't need to spend money or campaign, why mess bammy up when he is on a roll saying what he really believes. Big red I thought you were one of bammy's main confidants after all you do spend make believe time together in the DDI after you have your secret strategy meeting at Libbies R Us, oooohhhhhhhhh, don't you. lmfao, hurry bev, amy, ginny mommy fat ass red head down on the battlefield.
No obstructionist, eh Don't. A real student of history must you be.
For my libbies friends from the NYT:
Obama 2012 - "Some day, I'd like to be President"
Yep... the guy who bets 10,000 dollars, the guy who doesn't worry about the poor, the guy who's installing an elevator in his garage for his wife two cadillacs, the guy who is tearing down his 4,000 sq/ft beach house to replace it with an 11,000 sq/ft beach mansion, the guy who deferred his drafts, the guy who spent his mission service living in a French mansion with maids and cooks, the guy who wants to cut education for the 99% while creating tax cuts to HIS percentile, the guy who paid only 14% tax on 22M income and HE'S saying that OBAMA IS OUT OF TOUCH!!!!!!!!!!!!
Get out the etch-a-sketch!!!
For my libbies friends from the NYT:
No Spankard ... it is a quote from Peggy Noonan (right wing writer) in the WSJ. Some effiing lawyer you are. Just like to lie with the best of them eh? ... take a while to catch up to Wayward Willard though.
JAS - Mitt every day for his adult life - including 3 times he's run for President - "Some day I'd like to be President - not to do anything - just to say I did better than my father."
And idiots like you will vote for him! Unbelievable!
Obama/Biden 2012
Still angry about Wisconsin Insanity? Yeah, that one stung.
Willard 2012 - It's MY turn!
JAS - YOU"RE the one stuck on WI - the rest of us have moved on. But you don't have anything to cling to but the past! Try to keep up!
No sanity in the GOP as JAS constantly reminds us!
Obama/Biden 2012
"Still angry about Wisconsin Insanity? Yeah, that one stung."
... ah another stinging comeback from the WASP section. I need a Raid button on this site.
Do understand that those that don't learn from their past mistakes are destined to repeat them. And Insanity, it doesn't look like you're capable of learning a thing.
Obama 2012 - "Everything is just fine, really, EVERYTHING ... IS .... JUST .... FINE"
And her beloved feed bag...
Old nag can't leave home without it!
Come on Snuffy - stomp those size 15 EEE's for us old gal!
Been awhile since you've entertained us with one of your legendary temper tantrums!
Usually a person is 'out of touch' when he is filthy rich, but has never earned much of the rich himself, but got from his rich dad. This kind of person doesn't understand others' problems (scratching for a living, or example), wants to make a $100,000 bet on national TV on some trivial stuff, boasts that his wife drive 2 Cadillacs..and ... more other stuff to fill another 1,000 pages.
Who is he? Mitt the MisFitt.
O'Bama/O'Biden 2012
My bad Ideo.
Would it make it less true/less of a beatdown from the WSJ?
Guess I just got too wrapped up in this morning's gloriously fantastic Krugman column.
Hey who is loving the Eastern European smack down the Krug took yesterday?
So JAS is going to vote for someone who has done some learnin' over the years ... Wayward Willie who has achieved a phd. in Mendacity over the past decade ... Wayward Willie, the Benie Madoff of Politics.
... so Spanks, how is that judge vote count coming along in SD ... you did vote for Peed and not Kreep right? Show us the sanity Spankard.
What?
You mean the vote on public pensions?
Yeah, another big lose for public employees here in Cali. Two big losses really.
SpankY .. ???
http://www.sddt.com/Law/article.cfm?Sourcecode=20120606czd&_t=Election+results+KreepPeed+judicial+race+still+undecided
Obama's answer to the economy is to hire more government workers. Yep, big government is the answer to all of the nation's woes...says so in the lefty handout in paragraph one.
Ha! Romney's claim that President Obama is out of touch is just another in the long line of many similar comments. Funny, though, how "out of touch" Mitt Romney is in believing that Paul Ryan's budget is "marvelous"--guess Mitt likes those more tax cuts for the rich and stick it to everyone else.
Anyone who is hanging their hats on the polls today is simply finding a hat rack for convenience. It is quite normal for polls to get close during a general election as voters, they always do this, give a listen to the new guy (or as in 2008, give a listen to both new candidates).
It is far more likely this time because we are still recovering from a NEAR depression, thanks to the GOP who did nothing to help the national crisis and continue doing nothing. The European countries dipping back into recession is the result of conservative austerity during such a global economic disaster--exactly what the GOP preaches we should do. Debt is bad but during a near depression, it is the least of any country's problems; it is when governments must spend in order to create jobs and thus create revenues which then reduces debt in the long run. And by the way, Mitt Romney pretty much said that a couple weeks ago--odd how that received no media attention??!!
SeekingSanity
JAS - Mitt every day for his adult life - including 3 times he's run for President - "Some day I'd like to be President - not to do anything - just to say I did better than my father."
And idiots like you will vote for him! Unbelievable!
does any body read about this guys history in mass, everything he did that was good on the liberal side including HCR he is against now,
abortion, equal pay for women, minumn wages.
i just can't debates when he will have to answer why, his was for these thing and now against.
i know he is bull shi**ing the GOP
Worst long term unemployment, record number of Americans on food stamps, median income dropped 5%, record number of Americans in the ranks of the poor ...... and the private sector is fine?
Even Obama isn't this stupid or detached from reality, he is simply trying to suck back up to the public sector union workers after his gutless abandonment of them / the debacle in Wisconsin.
Amazingly, a few morons will still fall for it.
I hate when people distract from bullsh!t with the truth. Hasnt he learned that if he wants votes from libs he has to lie through his teeth.
Mitt Romney pretty much said that a couple weeks ago--odd how that received no media attention??!!
Jody ... Wayward Willard lies constantly ... like the boy who cried "wolf" ... eventually everyone stops listening and it is his only real hope that they do so. That even Republicans do not want Willard is a slam dunk ... the election is only about Obama. If Willard wins it will only be because the electorate voted against the President.
Oblunder: by far the worst POTUS we have ever seen... and we've seen a few deadbeats in the past. And Feisty providing a "yawn" just proves the communist posters on ths site have already lost interest and fallen asleep at the wheel. Feisty and Company: Please find another country to mess up.
The conservative mindset that government jobs are not important is beyond idiotic. When I read the Tucson Johns, I shake my head at how brainwashed too many conservatives are these days. Fire fighters, police officers, teachers, snow plow drivers, garbage collectors--in the world of GOP logic, those "government jobs" are unimportant and unworthy jobs. In my lifetime, I've never seen a republican party so willing to accept the spin that government workers jobs are not as valuable to society as being a hedge fund manager or working at a steel plant or auto plant. For 30 years, I've watched this steady march by the GOP to the right; they can't go much further right without destroying democracy.
Sorry, Tony D, but that distinction belongs to former President George W. Bush per a new poll. Bush remains the most unpopular living president with a huge majority unfavorable (meaning he was the worst) rating.
From my pals at Da Best of the Day:
Dear Team Obama,
Keep up the good work! Don't listen to all the haters and detractors: you've got it sewn up, sport! Just stick with what you've been doing and saying for the past three years. It'll work! Honest.
Fondly,
Every Republican and Conservative in the Entire United States
The jobs may have their place, the waste and abuse in the positions does not. Libs are just too brainwashed by the dem and union class-warfare speeches to understand that.
Please find another country to mess up.
right on Tony D ... and let`s clean up the messy countryside by getting rid of the EPA! Let`s strip mine the whole damn place, all the trees are the wrong size anyway.
Wisconsin taught me one thing. If you want to send your kid to public school you should live somewhere besides Wisconsin. Forcing wages down on teachers as class sizes rise will surely attract the best teaching talent in country. I feel sorry for those unfortunate enough to live in that state.
And Romney calling Obama out of touch? Really? You want to open that can of worms Romney? Every poll I have seen shows the American public thinks the opposite, by a wide margin.
Have you noticed that whenever Odumbo gets spanked with real world facts, the MSNBC socialist sympathizers find "more important" headlines to post? Hmmm... very fair and balanced NBC...
It's amazing how rightwing trolls think they are so much smarter than everyone else. Opinions are like arseholes, everyone has one. But the experts, the CBO, most economists, and folks who actually devote their lives to areas of specialty and experience thereof, no they are all wrong!
In the earlier thread about the press conference, the poor choice of using the word "fine" has already been acknowledged. Though the POTUS, VP, etc. always talk about how jobs are not growing fast enough, heck let's get our panties in a knot over semantics today.
The more noticeable word used today was Romney saying the president is "hostile" to supposed "job creators." Now we could debate all day on this cow pie distortion, huh? The stock market has done really well during the Obama presidency, as well as companies, and boy those CEOs are doing much better than "fine" aren't they?
The Romney LIES are the most incredible thing I've seen in my life during any presidential campaign. It is so bad that this is reason alone to kick this loser to the curb. How can anyone want a POTUS like that? Moving on...the blind trusts and conflict of interest...it never ends...
Tony D - the worst President in the history of this country is and forever will be Bush. Get a clue. He messed the country up and Obama - even with an obstructionist GOP fighting everything he tried to do - is actually making progress helping us grow as a country.
If you want to mess up another country that's your thing - but please - take Mitt with you. He's good at messing up!
Obama/Biden 2012 - the only sane choice!
Romney is as phony as the entire new republican party. Obvious liar from word one. Only polarized idiots would not think so. Truly.
Why, IdeologySTV, you must have been reading my mind.... or following my posts. Indeed let's get rid of the EPA, and we can begin strip mining in your neighborhood... perhaps even in your yard... should be plenty of chemicals we can use to contaminate the water supply... I'll call my friends at Hallburton... They've got the equipment all tuned up and ready to spew tons of carbon dioxide into our air supply... and I hear we're building a new coal fired power generating plant or two in your area...
I've yet to see a post from a teapub that even remotely understands macro economics. They just don't get it at all, they continue to post lies and misinformation and just don't seem to understand how a large economy works. I used to think they misinformed on purpose, but now I just think they are 'challenged' and more than a little brainwashed by the plutocrats.
Truep - you guys have been jumping on Mitt for every i not dotted, every t not crossed, and now you want to call a blatantly out of touch sentence by the President semantics?
The President stated a lie, and it is a lie he knew was wrong, all in an attempt to try and sell us on bullying our congressmen to add more debt, and hire more useless overpriced incompetent government.
Liberalism has failed.
From the board of education to welfare, foodstamps to endless programs, liberal cities are rotting from within, the roads we paid for are crumbling under the weight of fat retirement benefits that 90% of Americans don't have, the ruling class have become the upper 10%, and they want more and more for less and less.
WI was a precursor to Nov, as was 2010. Get ready to be very disappointed liberals. It's ok, you can blame it on all of us conservative idiots.
"Obama is out of touch"...
Says the old-money multimillionaire who thinks corporations are people, claims he doesn't care about the very poor, and will say the cookies you personally baked for him are so bad they taste like they were bought from 7/11.
SeekingSanity: I donno about your selections... I think we can start with FDR for turning on the Socialism valve... Then there's Carter... BTW, if you were truly seeking sanity, MSNBC and this comment/discussion site would be the last place on planet earth to find it.
[... so Spanks, how is that judge vote count coming along in SD ... you did vote for Peed and not Kreep right?]
Shhhh...be vewwey qwiet...Spanky's doing his wesearch...
Of course, being caught in another lie, as well as having a chronic case of Foot 'N Mouth...
Ain't that right, "counselor"? Sure it is...but have no fear, you ARE a "lawyer" right?
...sure ya are...
Truth is, no matter how many talking points you try and muddy the water with, under President Obama 4.3 MILLION (say it with me Spanky...four...point...three...MILLION) jobs were created...and mostly in the PRIVATE SECTOR, if I'm not mistaken.
So there's that...
So, which brings us to the next item in the line of questioning (see, I can "lawyer" too...you should try it sometime...it's fun!):
Just how many jobs have you created Spanky?
Oh, and I can see where you STILL can't cut your losses, all the while trying quantify the ass whuppin' you got from Domenico...but even thouugh you got owned like a Bichon on Adopt-A-Pet Day at the shelter, you STILL want more of the same beating...
Bravo, "counselor"...bravo...
It is amazing to me the number of posters on here who choose to simply ignore the facts as they continue to tow the party line with regard to talking points. I have read several that claim that President Obama is somehow try to increase the number of public sector jobs in order to kiss up to the Unions, news flash for you all: public sector jobs have decreased during Pres. Obama's term while private sector jobs have increased. The point that the President was making was that while the Private sector is at least growing, albeit slower than anyone would like, local governments are having to cut needed services because they have lost funding from the Federal Government. He is not talking about creating any new federal jobs, he is simply talking about helping communities that have had to cut their essential services (police and fire departments, sanitation workers, etc) because of the economic crisis.
Regarding President Obama supposedly being out of touch because he used the word "fine". First of all, in the context of the conversation he was having the public sector is doing fine by comparison to small communities around the country that are struggling to keep even their most basic obligations.
Second, making a bad choice of words is far from being evidence of someone being "out of touch". Through his actions President Obama has shown time and again how in touch with the reality of the situation he is. In working to extend unemployment, in working to pass a jobs bill to help bring funds to communities that need it, in bailing out the auto industry to keep thousands of workers from loosing their jobs, and in so many other ways President Obama has shown he is in touch. Romney and the Republicans in Congress on the other hand have opposed each of those things without providing any plan of their own to help the economy outside of providing tax cuts for the rich and slashing spending on social programs that are more needed now than any time since the Great Depression. So who is out of touch?
Bill - 27...... Well said!
MisterWonderful -- And I'm only wasting BTUs on you once...
Here is what I posted:
Here is what Bill-2766329 posted:
Now let's hear your views on the word "hostile" and whether you think this is telling the "truth." This is the problem in a nutshell. Folks on the Left are always willing to criticize their own, willing to reach across the aisle, willing to offer an olive branch, and the rightwing? Never, not even if hell freezes over.
Romney -- He's not in it for you. And you know it.
Bill -- Well said. NYT had an editorial today that makes the point that it's the House Republicans that are out of touch.
Full article:
http://www.nytimes.com/2012/06/08/opinion/the-bills-to-nowhere.html?_r=1&hp=&adxnnl=1&adxnnlx=1339185635-hOOs1OV3CSBgjih1wh/P+Q
Shhhh...be vewwey qwiet...Spanky's doing his wesearch...
Of course, being caught in another lie, as well as having a chronic case of Foot 'N Mouth...
Ain't that right, "counselor"? Sure it is...but have no fear, you ARE a "lawyer" right?
Hey Mickey ... I do find it strange that a 'lawyer' on the west coast is hitting the hammock at 12:20 pm. Have we solved the case of Spanky? Is he just a lower and lowly court stenographer? Perhaps an overly large bald night-court guard?
Obama is out of touch? This from a guy who can't decide which one of his Cadillacs to drive and has multiple off-shore bank accounts? Sheesh!
So Fiesty, I seem to remember you jumping all over Romney for his comment that he wasn't worried about the poor as much as the middle class. But it's OK for Obama to say the private sector is fine? Do you at least recognize your hypocrisy? If you wake up every morning and say, "I'm going to be a bitter, political hack." and then pretend not to be on this board, that's one thing. But have you at least had that soul searching moment where you realize that you are a hateful, screaming partisan that even independants are sick of hearing?
I think Spanky was referring to the passage of Pension Reform in two of our biggest cities. San Jose and San Diego, both where passed by two-to-one margins on Tuesday.
We are talking about California one of the bluest state in the nation.
thetotas ... Spanky was deflecting, not referring. Spanky asks many questions and answers very few and at that with a question ... his is but a framed-up rhetorical mind. If he is indeed a lawyer then I rely upon Shakespeare for the remedy.
[Have we solved the case of Spanky?]
You couldn't be more on point, my friend. Or maybe he's seen one too many reruns of Allie McBeal.
Nahh...seriously...he's probably a lawyer...you know, one that works for one of those firms that hire from "lawyer pools". Sittin' by the phone, waitin' for The Man to call...
Yeah, thats probably it.
I mean, as much as he HATES California tax rates, and gasoline prices, and energy prices, he...get this...is stuck there...he can't go anywhere.
I mean, surely someone with his "financial portfolio" would move if it sucked soooo bad that he has to mention it in every post, right?
Yeah, I'm right...aren't I "counselor"...you just don't have the stones to come clean.
spanky --- check with your monkey. obama does know the private sector. he wrote and published a book. that's called entrepreneur. pretty good for someone without daddy's money to give him a start.
jeff --- there's a big difference between the poor and the private sector. don't you think you have things a little out of balance with the comparison? are you really an independent?
spanky ---cmon spanks... what's the answer?
Yeah, I'm right...aren't I "counselor"...you just don't have the stones to come clean.
... aw Mickey, I do believe Spankard is trying to jumpstart his (t)rusty Winnebego (sp) as we speak and off to dine on salmon (dyed catfish) ... apparently one can camp overnight at any Walmart parking lot.
Romney calling Obama out of touch. Please! Doesn't he realize how ridiculous this sounds coming from him? Guess not and I guess that's my point...
Of course the Reagan recovery was faster; it wasn't a real recession. It was engineered by the Fed in order to control raging inflation; when the Fed cut the interest rates and when Reagan beefed up the defense budget, the jobs came back. Here, this wasn't an artificial recession. This was real. Recessions caused by financial crises can be very long; check the Great Depression. Not to mention the fact that job creation is low due to three uncontrollable factors: one, the states are being forced to lay off people because of their pointless balanced budget amendments; the rest of the world is struggling thanks to a slowdown in China and a double-dip recession in Europe caused by premature austerity; and the partisan gridlock in Congress that is hampering the passage of any effective stimulus plan that would create jobs and boost the economy.
Actually, Obama isn't proposing to add more to the debt; his Jobs Act (creating up to 2 million jobs) would be paid for by a small surtax on millionaires, which by the way around 72% of Americans support.
Au contraire. It is conservatism that has failed. The same ideology that advocates nowadays for austerity is being used in Europe, and unemployment there is roughly 11%. Liberalism is still alive and strong, just waiting for Tea Party conservatism to wither away and die.
You do realize that the wealthy is wanting more and more in the form of tax cuts and spending cuts to social programs, right??? Food stamps have kept many Americans from entering the poverty level, and are keeping our economy somewhat afloat. We progressive liberals keep advocating for equal economic opportunity and distribution via higher taxes on the wealthy, stronger safety nets and social programs, and single-payer healthcare that will end the burden of healthcare costs. It is YOU who are keeping us from achieving those goals.
Au contraire again. It will be YOU who shall be disappointed, my conservative friend.
I find it laughable that you conservatives denounce the very man who saved capitalism, FDR, as a socialist. Did you not realize that the prosperity during the 40s, 50s, and 60s were because of the New Deal???? Did you ever consider that the successful G.I. Bill that many conservatives adore was referred to as welfare??? Did you ever think that pure capitalism is both destructive and unfair and that sometimes socialism can balance out capitalism's downsides??? Carter was nowhere near socialism; he was deregulated much of the economy before Reagan. Name one thing that Carter ever did that was socialist. And by socialist I mean taking over an entire industry permanently, not regulating it.
Obama Biden 2012
Freshieee -- Excellent points.
When you see someone begging, don't most us prefer to offer food instead of money? At least I know food stamps are being used for food, and mostly to feed children. I feel the same way about tax credits. I'd rather my taxes go toward public services like education, infrastructure, etc. than give folks tax breaks (like the $1,000 per child tax credit) and not know what they spend that money on.
The rightwing lost any Rule of Reason when the Teabaggers took them so far to the Right they went off a cliff.
dont_carry_it_all
Shows how little you know about business, and how easy you are indoctrinated.
For a company to have record profits right now, they did something very right.
Businesses that fail do not include a percent of cost for expansion/maintenance in the cost of a product. When volume and profits decrease the first things that get shelved is expansion and major renovations. since they are not spending the money on upgrades and expansion, it becomes profit and makes their profits look larger than they should.
Those that don't include that in the cost and live on on pure produce and sell costs will fail and do so quickly.
So, Mittens is sitting on the "out of touch" space on the Presidential election board game calling Obama out of touch? Too damn funny, and really is anyone surprised that a millionaire is out of touch with the average person? The question is what are you gonna do about it? And we already have seen the republican plan and the results of the republican plan. I'll take Obama's out of touch-ness over Mitten's any day.
and thinks everyone should be rich and successful like him. He's fast turning into Leona Helmsley.
@Bob Jones - nice comments. Shows your level of intelligence didn't make it out of middle school. FYI, you've been reported to the mods. The only a$$ sent packing will be yours.
...and the horse you rode in on. (Love the login and avatar) -- Agreed. Romney condemns Obama's private sector remark as 'out of touch' = Romney tells another 'I'm rubber, you're glue' lie.
tonybeeerm (Love the avatar even though it makes me hurp) -- Or should we say Romney thinks he is special and everyone should congratulate him for being so special? The 1% don't want the peasants to become rich too--then who would take care of their lawns for Pete's sake?
Better than the summer of 2008. I remember good old Hank Paulson stuttering for words trying to figure out how to fix the bank meltdown. And the stock market had fallen below 8,000, almost 1/2 of what it was. Today the Dow closed at 12,554.20 up nearly a hundred points. Someone is doing okay. But according to you retreads the sky is falling. Who are we to believe? I'll stick to actual facts, thanks anyway.
NOBO - 2012
Why Guest Workers from south of the border. The only ones that will work for substandard pay, no benefits, and won't complain because they can't speak the language. But sometimes they don't check the paperwork to closely and an illegal one gets through. Oh my, isn't that hypocritical of their stand on illegal immigration? I think it is. But it's okay if they do it. Laws were only made for those who disagree with their way of thinking. And the teabaggers buy this crap hook, line and sinker.
Both of them are out of touch with the average American! What the @!$%# does Mitt Romney know about being middle class or poor?
I think both Obama and Romney are out of touch when it comes to understanding how the middle class/lower class people in this country live their lives and struggle to make ends meet. Certainly neither one can claim to have walked a mile in my shoes.
I also think the country is better off today than it would've been if the rethugli-cons had taken control in the 2008 elections. Being part of the global economy, which we are whether or not one likes it, means we are at the whim of forces we have no control over. Our economy is growing, yes, slowly, while Europe is contracting and China is slowing down. These are our trading partners and what happens to them affects us.
"Romney condemns Obama's private sector remark as 'out of touch'"
Who knew an empty $3000 suit would have so much to say...
'
"An Obama campaign spokesman emphasized the 3.4 million private sector jobs to have been created during the president's tenure,"
Is that intended as a joke? I just checked with the official government Bureau of Labor Statistics web site and as of May, we have 1.3 million FEWER people working in this country than when Obama took office. And we have had a additional approximately 6 million new young people enter the work force - only to find no jobs available.
Obama really IS 'out of touch with reality, and he has been a TOTAL FAILURE.
Fiesty (Post 1.0)
ANOTHER 1st POST in an MSNBC news article by the paid MSNBC or DNC employee, Fiesty. That's like five or six in the past two days. Interesting!
Yep, a "distraction" that's what liberals call it when anyone DARES to respond with facts to our national embarrassment called Obama. Sort of like the White House coordinating with the Washington Post to run a PAGE ONE story about Romney's high school incident 50 years ago the VERY NEXT DAY after Obama's completed "evolution" of his Gay Marriage position. And I suppose Tuesday was just another distraction, when the people of Wisconsin rose up and slapped down the greedy public sector unions in their effort to recall Governor Walker and bankrupt the state and municipalities.
This is getting interesting, *Pass the popcorn*
NOBAMA 2012!
.
[...apparently one can camp overnight at any Walmart parking lot.]
I believe the term for that is "dry docking"...something Spanky knows a lot about, apparently.
What a clown show.
As if either of these two @!$%#s, Mitt or Barack, will create, or even care about creating, enough GOOD PAYING jobs or help anyone but themselves and the rich (one and the same thing, of course).
John,
[ANOTHER 1st POST in an MSNBC news article by the paid MSNBC or DNC employee, Fiesty. That's like five or six in the past two days. Interesting!]
And that affects what you want to say how?
Romney says the President is out of touch huh? Well, by Willards standards that's probably true, considering His past accomplishments at putting "the touch" on the wealth of others so often, and with so much deviation.
Yes because after Reagan tried his trickle down which caused huge unemployment he had to RAISE TAXES!!!
11 times he raised taxes and closed loop holes. Just like Obama wants to do.
Dennis (post 1.81)
I think it's just amazing that MSNBC turns over their Newsvine to a member of the MSNBC or DNC staff, allowing them to post a liberal rant as the first post, in the guise that they are simply a average citizen, reacting to the MSNBC reporting. When in reality, it's simply smoke and mirrors, with MSNBC drafting a story, then dispatching minions to try to shape public opinion by flooding the Newsvine comment sections pretending to be concerned readers just sharing their thoughts.
Not really "Fair and Balanced" now is it?
.
From the article:
If Romney thinks that the private sector is not doing well, then he should explain how it is that the Big Banks repaid the 25 billion bail-out package back to the U.S. government. He should explain why CEO salaries and corporate profits are souring. He should explain why his "baby" the corporate crowd is still behaving irresponsibly by continuing to outsource American jobs.
What is Romney saying to his corporate kings that are ship abroad U.S. employment?
Are not the above ilk, his pals?
Other than granting more government largesse in the form of more huge tax cuts for corporations and the wealthy, Romney does not have a viable nor a progressive economic plan for this country. This candidate does not have a plan to move America forward.
"Out of touch?"
Any political candidate that states his lost of a "couple of million dollars" in a business deal "was not that much money," is far removed from the average citizen.
Vote a straight Democratic ticket.
Obama/Biden 2012!
Well...I condemn Romney for having no honor. Obviously. Along with the entire new republican party. They have lost their honor.
Mitt Romney is the Toilet paper king of America, this Flip Flopper is so full of (....) ?
Stupid (Romney) is as stupid (Bush) did
Vote stupid...you already proved you could (I know you believe and don't need proof)
"Oblunder: by far the worst POTUS we have ever seen."
first off who is "WE" Please try not to peak for others.
Second you must have not seen the last President.
"Oblunder" ?? Really?? are you 5 years old or something?
So someone please tell me what Mitt
"the guy who bets 10,000 dollars, the guy who doesn't worry about the poor, the guy who's installing an elevator in his garage for his wife's two Cadillac, the guy who is tearing down his 4,000 sq/ft beach house to replace it with an 11,000 sq/ft beach mansion, the guy who deferred his drafts, the guy who spent his mission service living in a French mansion with maids and cooks, the guy who wants to cut education for the 99% while creating tax cuts to HIS percentile, the guy who paid only 14% tax on 22M income and HE'S saying that OBAMA IS OUT OF TOUCH!!!!!!!!!!!!"
Is going to do for you?
When are you numskulls going to get it? They both play for the same team!
Mitt Romney 12/19/2008: What is Washington waiting for? The inauguration is less than five weeks away: At the rate we've been going, another 500,000 jobs will be lost by then. The downward spiral is deepening and accelerating: Congress and the president (Bush) must act now.
So this is surely the time for economic stimulus. The Fed should continue to expand the money supply. And, it should confirm that it will not tolerate deflation — the pain of inflation pales in comparison.
That being said, a stimulus plan is needed without further delay, and there are some things that Republicans should insist on.
Really Dennis - expand the money supply?
Tell us Dennis, what would the effect of that be on, you know, the existing money supply?
Stimulus? No thanks.
Or perhaps you can tell us Dennis why unemployment is not 6%? That's what O promised would be the result of the last Stimulus.
Good to see you are all for more of the same. What was that definition of insanity again?
Spanky,
I quoted Mitt Romney so ask him !
Dennis - that was from '08.
The supply of money is just a tad different now, eh Dennis?
Dennis, you did hear about the Stimulus, QE1 and QE2, yes?
Dennis, you are better than this.
Now you called for more supply, tell me the effect on the current supply.
Dennis? Walk that talk my man.
Or how about this - is the private sector 'doing just fine'?
Really?
This is a perfect examlpe of taking one part of a statement running with it. Obama was making a comparision between private sector and public sector jobs. All this in light of the many states that reduced public sector jobs to balance their budgets.
Certainly a reasonable comparison.
Here in MN the private sector is doing fine. Unemployment rate is 5.6% and has been for awhile. We have a diverse business sector, predictions of a great harvest if the weather continues to cooperate, and vacation rental in our many resort areas are on track for a good summer.
Nope, nice try NS.
O said the private sector is doing just fine.
He did not say the public sector sucks, but the private sector sucks less.
Words have meanings.
spanky,
"Words have meaning"
And all words have meaning and CONTEXT....
I was gving some context to the words based on living life here in MN today.
Spanky, this is what the President said:
Stop listening to the guy who's running to be Liar-in-Chief and get your facts straight!
Yep, and in the context of this terrible economy, Obama screwed that pooch.
Or maybe he really is just that out of touch.
Again, dude has never been in, or even near the private sector.
Ursula - that doesn't help, at all. The numbers are horrid, any way you slice it. 22 million less employed right now.
It corrects a distortion of the facts, but if you're good with Romney's lies, just keep on lapping it up. The fact is, Romney's not going to do anything for Americans to get jobs if it doesn't happen through rewarding the wealthiest Americans with bigger tax breaks.
Tell us, Spanky - if you get a big fat tax break, how much of it will go towards hiring more people and how much of it into the bank? I mean, you must be in the top 1% to defend Romney so passionately...right?
Ursula - there are many, many factors that go into the decision to hire the next marginal worker.
But don't worry your pretty little head - the tax rates will remain the same. Clinton knows it, I know it, and Obama knows it.
Economic reality always wins. Just ask governors Quinn and Brown. Oh and Greece and Spain and Italy.
A couple of sectors? Really, he said that? 8%+ unemployment, and rising. Number of long term unemployed at levels not seen since the great depression, record levels of people on food stamps.
That doesn't exactly sound like everything is fine.
Yeah, that's the problem. We just don't have enough government.
So if the wealthy produce more jobs and get richer, you're against it?
Overall, the private sector has been doing a good job of creating jobs. There lie's the problem bammy thinks poor performance is doing a good job, that is the reason he has to go and will be gone in Nov. Neither sector has been doing a good job of creating jobs. Yeah good enough for a bunch of freeloaders. You people don't care as long as we the Conservatives keep working to pay the federal government to pay you. We the working people want more and better jobs and the federal government to go away. We are the United States of America not the One State of America. Feds do your job and protect the collective states from ouside enemies so the states can govern for the people. And for God's sake dump the parasites of society off my paycheck.
Bob Jones - get your head out of your big fat ass (I believe I have that right). YOU don't participate in paying me in any way. Like most on this site I work and make a good living. Do I have a problem with my taxes helping people who are out of work? No, I don't. See, unlike you who can't seem to recognize you can't have it both ways, I realize there are not enough jobs - yet - to employ as many people as need jobs. So, government help is necessary. You're an idiot! You talk about parasites then talk about no jobs. Do you understand anything??????
And, I doubt you get a paycheck!
Obama/Biden 2012 because there is no sanity or integrity in the GOP
This is what Romney said earlier this year:
So for the 90-95% of Americans who are struggling, Romney suggests (1) finding a cheaper college or (2) getting a loan from your parents or (3) let your house foreclose. But for the very rich who are doing just fine, he wants to give them a tax break.
How the hell does that make any sense?
JAS, trickle down economics didn't work under Bush so why do you think they'll work under Romney?
Ursula - now you don't understand. Mitt doesn't have to make sense when talking to the far right. They don't understand anything anyway!
You make some real general statements Ursula. Didn't work how? Like tax revenues didn't increase, because they did. Because unemployment was low until the housing collapse, because it was. So isn't that the point of tax policy for the government, maximize the tax revenue with the lowest amount of taxes? Looks like that economic model worked.
And as for the housing collapse, were you for or against giving loans to people that couldn't afford them? Bush let that one slide and for that he gets the blame, but how exactly does that invalidate his entire economic strategy?
Perhaps you can be more specific.
Hey Dennis...Spanky is just part of the "let em die crowd" just wait..."IF" etch-a-Romney gets elected..watch the Republicans pass a stimulus paln, watch the start to work to create jobs and watch them STOP bitching about the debt (that they created) and watch those "people" like Spanky embrace the idea!!!! they are all Lemmings following what their party tells them to do like one big collective! they should just change their name to "The Borg"
Nope. We're against the wealthy who produce nothing and get richer, who piss and moan about having to pay their cut, and who try to make it seem like if they're taxed at a higher rate than a guy scraping by on minimum wage that it's some kind of sin -- selfish, egotistical, disdainful, un-American, un-Christian types that think the American Dream is a zero-sum game where he who dies with the most toys and money wins. Those guys are universally backing the same horse, the gray one with the big floppy ears, tusks and a trunk.
JAS - is this the specific trickle down economics you were referring to?
So I guess all those government jobs were possible due to Bush's tax policy - because that's where jobs grew.
Nah, "The Borg" were all about efficiency and expediency. That moniker doesn't fit any political party right now.
If you're saying Bush was not a fiscal conservative, on that we will agree. In fact, do you notice much of a difference between Bush and Obama on economic policies? Other than Obama deficit spending at over twice the rate of Bush.
You still have not answered the question on if you're for or against the rich producing jobs and making money because of it.
Spanky maybe your private sector is not doing well because you are a poor businessman not because of the republican recession, but of course not its all Obama's fault. When do you take responsiblity for your own life and stop blaming everyone else.
I'm not against the rich producing jobs and making money because of it. I'm against the delusional concept that the rich need to be coaxed into make more money for themselves (creating jobs as a by-product) by giving them more tax breaks.
Yep - that must totally be it Tis.
I such at business.
Tis - in general are the 1% doing better or worse these days? :)
JAS1: Whenever they talking about Reagan tax cuts generating more revenue, they don't mention the fact that it was not simply a tax cut - it was tax reform. Deductions were eliminated to make up for the lower rates. AND - he raised taxes 11 times after he realized his mistake. When will you realize that Norquist is a mistake and throw him under the bus.
So stop propagating the lies and start telling ALL of the truth. Bush merely cut taxes without any corresponding adjustments, and people like you keep telling the lie that mere tax cuts will save us all. It won't. We need tax reform. When is the House going to take on tax reform???
And please don't insult us all by saying Ryans bill is the answer.
Good point bleary - so were is O on tax reform?
Any bills? Any meetings? Anything at all?
Nope, but it's ok - we already know he'll re-up them Bush Tax cuts again if he's around.
He has to. He's got no choice.
Spanky from what I can find the 1%ers are doing just fine stock market up since 2008, profits up
For those os you using Reagan as a role model, this is an interesting perspective:
http://www.nytimes.com/2012/06/08/opinion/krugman-reagan-was-a-keynesian.html?_r=1&smid=tw-NytimesKrugman&seid=auto
"We've got a couple of sectors in our economy that is still weak."
Understatement of Biblical proportion.
[Spanky maybe your private sector is not doing well because you are a poor businessman not because of the republican recession...]
Ouch! Well, that would explain why he's spending soooo much time making ignorant, brainless posts...either that or he trusts his "employees" so much that he lets them run the machine while he's away ot his pooter posting...
..Nahhh...forget it...
Dennis, Columbus, Ohio
Spanky,
I quoted Mitt Romney so ask him !
Dennis,
People like Spanky do not have the intellectual capacity to understand a post as obvious as yours. His hatred colors every aspect of his life. If Faux Noise, or some other extreme right wing news source, doesn't say it, in his limited mind it can't be true. He is in utter denial that Mitt could actually say something like that.
It's amazing how many people just can't get it through their heads: neither party cares about the lower/middle class in this country. Almost all of our pols have been bought and paid for by the highest bidder. Both parties are responsible for the mess this country is in. Unfortunately,people like Spanky have contributed more than their fair share also.
Well, of course the dollar would inflate, but that, in the short-term, is good, as exports would increase and more people would have loans to purchase large products, like cars or houses. We could easily raise rates back after the recession; besides, core inflation is low, so we have room for additional monetary supply.
Man, this is so weird. Even a right-winger like you can't remember your own party's talking points. Your party argues that Obama made a promise that unemployment would be below 8% with the stimulus, and even that was false: ask Politifact. If you and your party must know, the reason why unemployment isn't lower is because, frankly, the stimulus wasn't big enough. There was some fraud, and too much of it was in tax breaks that did nothing, but it simply wasn't large enough to plug a multi-trillion dollar hole. Many economists say it should have been at least $1 trillion. But, he could only squeeze $787 billion from Congress. Did a damn good job, but lost its power after 2011.
The definition of insanity is doing the same thing over and over again with the same results. It is proven, however, that spending money boosts economic growth during a recession. Tax cuts, on the other hand, aren't proven to boost economic growth, at least not nowadays. That is the definition of insanity, my friend. And what is your candidate's economic plan???
Not to mention that he increased the payroll tax rate...
Yep, JAS1, we don't have enough government. Quite simply, 600,000 state employees have been laid off. Our unemployment rate would be under 8% had we not fired those employees. The best thing we could do to boost job creation besides investing in infrastructure (which should still be done) is to give states aid so that they can keep those employees and maybe hire some back, increasing demand and thus creating more jobs.
First of all, the wealthy don't create jobs, unless you count the luxury industries. The middle class consumers create jobs via demand. Without demand, there would be no need for supply, for businesses, and there would be no rich people. Wealthy people can get rich all they want; I'm not against it. What me and my fellow progressives oppose is when the wealthy get to control everything with their wealth, from the economy to businesses to even the government. We also oppose wealthy people getting a tax cut while social programs that mostly benefit the middle class get a whack from the budget ax. I am against wealthy people getting richer off the backs of middle class Americans. Call me a socialist if you want; I'd be proud to carry that name. In Europe, they take it as a compliment, and so shall I. Europe is actually much better than us when it comes to education and healthcare and inequality; hell, even their infrastructure is better than ours. We ought to look at Europe somewhat as a model. Just remember this, JAS1; the only reason why I'm a socialist is because you are a fascist.
OBAMA BIDEN 2012
I like and support the President. Having said that, I have to say, his talk, or press conference today, was very uninspiring. I quite agree with what "Chris Matthews" said, while waiting for the President's appearance. It seems He's getting poor advice or just doesn't give a damn anymore. I can't believe it's the latter, therefore I must assume it's the former. This must change, or the great "dunce" Romney will indeed beat Him in the upcoming election. Surely those advising the President know this country would suffer devastation proportionate to an outbreak of "black plague" with someone of Romneys ilk at the helm. Goddamn! Look at these silly crazies sitting in Congress. Look at all they haven't done. These sons-a-bitches mean to take this black bastard down even if it means killing the country while doing it. Mr. President, Sir!, don't let these assbackward lowlifes get to you. You damn well know what you need to do, and what the Congress ( spit) needs to do. Get in front of the country, and with the ire of hell, tell us. When you do, and you eventually will, don't give any deference to these republican worms. None deserve it. They damn sure have proven they have no regard for the betterment of those they are supposed to represent, therefore let them boil in the pots and pans of their rich benefactors. I, and many like me await your awakening. I salute you Sir, my President.
I LOVE IT!!! WOOOHOOOO!!!!
Isn't it going to be ABSOLUTELY SPECTACULAR when all of these retarded liberal keynesians who are begging for more stimulus all become multi-millionaires who can't afford a loaf of bread???
GOOOOOOOBAMA!!
HEY!!! Guess who's fault EVERYTHING going to be??? Including when Romney prints/digitizes more dollars????
YUP... YOUUUUU GUESSED IT...... GOOOOOOOOOOOOOBAMA!!!!
I can't WAIT to start getting used to hearing "IT'S OBAMA'S FAULT" coming from the White House.
WOOOHOOO!!!!
People its a fool who forms opinions based on political ideologies instead of facts. Fact is the only thing that addressed a depression or recession is federal spending. During the recession, it was massive spending during WW2. During Reagan's recession, he doubled the budget and the debt via defense spending. People these are facts. Problem is we didnt spend enough money to stimulate growth as this recession is much worse than the one Reagan was dealing with, and Obama has not doubled the budget nor the debt.
Next, look at Europe with its recent austerity measures (budget cuts) which resulted in soaring double digit unemployment over 20% in some countries and double dip recession or zero growth in most. Let me add that in this Global economy Europe, our biggest trading partner, bad decisions and economic practices is a major hinderence to our economic growth.
You can't change facts. Puzzles the heck out of me that people are so focused on proving their ideologies right instead of focusing on what is best and historical fact even to the point of harming this country. Folks stop thinking via ideologies and emotions and look at the facts. Of course, as usual, bless your hearts, you will try to bend them or shape them to fit your ideologies, but facts are facts. Unbelievable.
"An Obama campaign spokesman emphasized the 3.4 million private sector jobs to have been created during the president's tenure,"
Is that intended as a joke? I just checked with the official government Bureau of Labor Statistics web site and as of May, we have 1.3 million FEWER people working in this country than when Obama took office. And we have had a additional approximately 6 million new young people enter the work force - only to find no jobs available.
Obama really IS 'out of touch' with reality, and he has been a TOTAL FAILURE.
Mitt caught in a PANTS ON FIRE lie again. MITT cut and shredder.
No worries, Mitt has a saftey net plan for the masses. NONE. The poor are fine.
He does have a nice elevator in his home, money in the Caymans, a history of abusing dogs and gay people with blonde hair, creating gut and cut business.
Oh...and that pesky problem of being caught lying. Email memo from gov nominal Rominal.....we must have mandated health participation in Mass. He LIED...
Even with the June 1st disappointing and troubling jobs report, private sector job creation under President Obama has far exceeded private sector job creation under President Bush. 40 months into his presidential term, there are currently more private sector jobs in the economy than when Obama came into office.
If, over the past 40 months, public sector employment had grown at the same pace as it did in President Bush’s first term, there would be 1.4 million additional people at work right now. That’d be enough to bring the unemployment rate down by nearly a full percentage point. Michael Linden 6.021.12 Read more at
@Pamela-612874#2.36: Thank you. Insightful, logical facts, historically proven correct. Ignorance, and the desire to be accepted as a member of the current ism often brings self degradation, and often, societal destruction. Government imposed austerity is probably the most "crackpot" economic position ever presented. The efforts expended in collecting the morning dew in an arid place cost the loss of more water than such places can and will ever yield. Best regards to you Ma'am
I agree Mac. Obama is looking very weak and ineffective.
@John-2032532#2.40: Alas!, you may be right. I continue though, to hope He will come forth with the plan that is needed and works. We will never attain such with any republican. That last sentence you inserted is basic and typical of the "ass backwardness" I spoke of. While the countries wealth and currency, is in fact out of balance, the country is no where near broke. Fact, the country as a whole, is richer than at any historical prior period. Problem is; too many, apparently such as yourself, are easily taken in by incompetents and liars, or maybe, you are one of those.
Romney is the BIGGEST liar I have ever had the displeasure of listening to !!! How can anyone buy into his BS ????
Romney is very rich with money and very poor with quality, this Moron "Oops" Mormon will bankrupt America. Tell Mitt to Flip Flop back to Mexico with his drug cartel buddies !!!
Roy, you do know the difference between private sector jobs and public sector jobs, do you not?
Private sector jobs (the good ones according to your people) grew by 3.4 million under Obama while public sector (the bad ones) dropped by 608,000. Try looking at information that Murdoch doesn't put out.
BTW, yes it's true, under Bush private sector jobs dropped but public sector jobs grew. That's exactly the opposite of what your people allege would happen with the republican plan. Yet Bush cut taxes and regs. So what went wrong?
I think its interesting for Romney to be saying the president is out of touch,,,when Romney has never done much of anything..other than close down business's for profits through Bain. I am sure..somewherein his time with Bain,,there had to be a few companies that were not closed..but from what I have seen so far..there were not that many..as for jobs he created..name one ? AS for jobs created by the wealthy while Bush was handing out their tax cuts...name one...this country lost 500k in jobs monthly...great job creation I guess..now the republicans want even more tax cuts for the wealthy...just how many more jobs can this country handle with out colapsing ? Better question..do we have ANY politicans who care...for that matter..how many of our citizens really care ? I guess their votes will tell. AS for Romney..it seems what his claims were when he last tried a run for office..what he said then and what he says now are completely changed....I guess votes mean more than truth.
Mac Forrester -- I feel your frustration.
I myself am downright bitter in regard to the Lost Decade due to GOP/Bush-era stupidity, because I can NEVER get those prime years of my life back that was needed to prepare for old age. So many like myself are doomed for the rest of our lives, and there's nothing that can ever make up for it.
President Obama is not a dictator free to do the right thing, and must, like all presidents before him deal with the reality of Washington corruption and greed, an opposing Party that has lurched so far to the Right they are now crazy, and at least half the "free press" (FOX Noise) that is really just propaganda outlets.
Unfortunately for the president, compared to others before him, he cannot seem to be an "angry black man." In this time of extreme polarization, he cannot seem to be a "divider." In this time of huge debt/deficits, he cannot seem to be a "spender." Like no other time in our history has any other president's hands been so tied.
This is also why the Teapublicans are so despicable. Not just their treasonous obstruction that is hurting so many American people, but the anti-democracy shenanigans they are willing to do in their pitiful attempt to grab and hold on to power.
And I don't want to hear anymore false equivalency BS from rightwingers. We know who is abusing the filibuster, who is suppressing the vote, and who is behind things like Citizen's United. Even Republicans like Collin Powell, Jeb Bush, and others are appalled at the bought-and-paid-for GOP/TP representatives and candidates in their Party.
Some Republicans do not like things like Citizen's United (and why approval of the SCOTUS is going down) and other nonsense in their Party. But they will not do anything about it, and will probably will still vote for Romney even though they know he is untrustworthy (a liar) and has a rich boy's sense of entitlement. This article was just more of his "I'm rubber, you're glue" crap.
Romney's bullying, impersonating a police officer, removing hard drives after his term as governor, hiding things about himself (and his money), and not just lying but taking pleasure in lying -- The man is more than weird. There's something not right about him (think Ross Perot).
Let's hope many Republicans vote for third-party candidates or write-in a name. First do no harm.
Ivan, I'm so sorry that you can only follow talking point made from spin...because that is all your post is made of...sorry that thinking for yourself is so hard...
"guns don't kill people, people kill people". Similarly, our failures were not on the part of the government, but on the part of the private sector. When the order of magnitude of the rewards goes from one million to one hundred million, sensitivity to risk, and fiduciary responsibility to customers, fly out the window. Wall Street amplified what might have been limited, understandable, and manageable failures, by multiplying the defaults many times (same order of magnitude increase as their gains), and spreading the risk all over the world. Too bad banks all over the world weren't independent thinkers and went along for the ride.
"I made a mistake in presuming that the self-interests of organisations, specifically banks and others, were such that they were best capable of protecting their own shareholders and their equity in the firms," said Greenspan.
There is little that government can do but here's something: re-channel the money it has been giving away in bail-outs toward research and development that might, in the future, produce the innovations that the world may want to buy from us.
Despite the bad economy, countries in Asia went ahead with the infrastructure investments that they judged would support their future economic development. Who wants to invest in a community with a crumbling infrastructure? Do you ever wonder why our ports, accepting shipments from overseas, are state of the art, but after the trucks pick up the shipments, the turn out to patched roads and highways?
Investment in infrastructure (which we need anyway and which businesses demand) puts money in the hands of private contractors and their employees, who, if nothing else, need to buy lunch, tools and clothing (demand).
While the private sector has it's panties in a twist, Obama is urging government to act.
Our current Republican "capitalists" are too averse to risk to embrace R&D on any new technologies (short term profits are too easy to be had) and, at the same time, opposed to government funding R&D on those same new technologies. They are letting those countries, with an eye on the future, who are investing, now, despite the bad economic climate, to embrace the technologies, designed and developed in the USA, which they deem will fuel their future economies,
A Tour of the U.S.'s Clean Energy Future [Slide Show]
The third annual ARPA-E summit showcases potentially transformative energy technologies
The slim, energy-dense batteries developed at an Envia center in China could reduce the number needed per car by half.
It's the same reason we had oil company subsidies.
If we wait until they can be developed proftably, we will likely be buying our new technologies from those countries, with an eye on the future, who are investing, now, despite the bad economic climate, in the R&D and infrastructure they believe will fuel their future economies. The Chinese are anxious to adopt solar designs, designed and developed in the USA, while the USA finds them still not economical.
"The Market" rewards forward thinkers, but not always in the short term. Bell Labs, Xerox PARC and ARPA developed technologies that were capitalized on by companies that did not exist at the time the technologies were researched and developed.
Come on Romney, Dumbama was never in touch with anything but the lever on the urinal in the White House.
How interesting people's memory seems to be, it's only been about a decade or so that this mess (GWB) caught up to us. And how short a memory people memories seems to get about all the GOP filibuster. I'm curious to know if you all live your life that way as well. I'm just in awe how people tends to forget the filibuster and the GOP "BS" "Pledge to America"...where are the job? They won the house the only job they're interested in is Obama's title. How stupid can anyone be to not see that?
I really, really, really hope Romney wins, so that the GOP can finish what they intend to do..destroy America. This is a free country, looks like the GOP are intent on turning it into a oligarchy for corporations and the 1%. This was never a Christian nation and it will never be so get over it. Remember, E Pluribus Unum, if only the GOP could comprehend that instead of trying to destroy the middle class with deceptive practice of "Trickle Down" economic that hasn't been working for the past 30 years or so. I'm curious to understand what kind of human believes that doing the same thing over and over and expecting a different results?
LA99999 "Roy, you do know the difference between private sector jobs and public sector jobs, do you not? Private sector jobs (the good ones according to your people) grew by 3.4 million under Obama while public sector (the bad ones) dropped by 608,000."
I think overall jobs is more important than selecting 'cherry picked' figures from one segment of society, but even using your 'selected' figures, Obama still looks pretty bad if you check the OFFICIAL figures from the government's Bureau of Labor Statistics. You claim that total jobs increased by 2.8 million jobs (3.4 million private less 608,000 public), but here are the ACTUAL figures from the official government BLS source;
Total people working when Obama took office = 134,379,000.
Total people working in May 2012 = 133,058,000.
That's a LOSS of 1,321,000 net jobs, so your 2.8 million job GAIN is clearly bogus.
LA99999 " it's true, under Bush private sector jobs dropped but public sector jobs grew. That's exactly the opposite of what your people allege would happen with the republican plan. Yet Bush cut taxes and regs. So what went wrong?"
If you REALLY want to compare Bush's record with Obama's record, here are the official figures from the government's Bureau of Labor Statistics site;
Total average number of people working in 2000 (Clinton's last year) = 131,785,000.
Total average number of people working in 2008 (Bush's last year) = 136,790,000, for a net GAIN under Bush of 5,005,000 jobs.
Total average number of people working in 2011 (Obama's third year) = 131,359,000, for a net LOSS under Obama of 5,431,000 jobs. Here's the link;
ftp://ftp.bls.gov/pub/suppl/empsit.ceseeb1.txt
By the way - Here are the figures for Private employment for Bush and Obama;
Total average Private Employees for 2000 (Clinton's last year) = 110,995,000.
Total average Private Employees for 2008 (Bush's last year) = 114,281,000, for a GAIN in Private Employment under Bush of 3,286,000 net jobs.
Total average Private Employees for 2011 (Obama's third year) = 109,254,000, for a LOSS in Private Employment under Obama of 5,027,000 net jobs.
PS - These figures include the job losses under Bush at the end of 2008.
Tony1974 -- If the GOP/TP gained even more control (they currently have the House and about split even in the Senate, along with the right-leaning Supreme Court) specifically of the White House, then all of a sudden they would be spending like drunken sailors to create jobs. Romney even slipped and said something to that affect.
When Teapublicans say they don’t believe in compromise, they are saying they don’t like the system our founding fathers set up (i.e., a two-party system).
Spanky, You seem to be a partisan hack of the worst kind. I suspect you would love to see the country fail so you could point the finger (even more) at POTUS. Same behavior we see in your GOP leadership. How about we act like Americans and try to find solutions for the problems? Never mind, that won't feed the sheep.
Roy, you seem to be dumb or dishonest. Jobs lost in '09 are jobs lost due to The Decider, aka The Chicken Hawk in Chief.
That said, why do people like you think Mittsy knows how to create jobs? Why does anybody buy the BS that Mittsy knows how to create jobs? He didn't create jobs. He invested money, sold off assets, fired people, sometimes held the investment as the company fixed itself, then cashed out.
What does any of that have to with creating jobs? He followed the advice of analysts then made bets on (a) that the company's parts were worth more than the whole, (b) that the company could be successfully downsized or its workforce outsourced, or (c) that it could repair itself if it got an equity based loan.
What does that have to do with creating jobs? Why do people believe it?
Wait! Woohoo! I had an epiphany! The answer is: they are republicans and they do not believe it. Not for a second. What they believe in is doing to the country the first two of the things listed above that this piece of lying filth did to companies. And for exactly the same reason: to rake in the big bucks while giving themselves a tax break.
The rest of the republikkkans, maybe 50-55%%, are the bigoted (Birchers, KKKers, gay haters etc.,-you think those people just disappeared?) the gun nuts (we prevent tyranny by giving the rich more, by increasing inequality and, natch, buying guns) and the religious whack-jobs, who crawled out from under rotting logs to raise their wormy heads in praise of the rich, in praise of Rick Perry, and in praise of peckerwood republikkkans - but who will take any Mittsy in a storm.
Whats scary is you need to look at the head of the DOJ and his recent discussion during Senate hearings. Green jobs now count ..garbage men, antique dealers, people that sweep floors at a plant that produces green products, Actually used cars sales people can be considered because they are seen to be helping recycling products...actually the head of the DOJ seemed pretty liberal on who would be included. It was answers by the head of a government agency that so makes this administration look like its grasping for straws to try and make the numbers look good. It was one of the most idiotic statements made by a government official of this administration.....................now that I think about it..just one of many.
Sorry that was the Department of Labor & Jobs....the questioning is hilarious and the answers..show how stupid this administration is.!
JimD-406742 "Roy, you seem to be dumb or dishonest. Jobs lost in '09 are jobs lost due to The Decider, aka The Chicken Hawk in Chief."
I thought Obama took over in January 2009, and passed the 'stimulus' bill just a few weeks later.
Silly me.
By the way - It's nice of you to exonerate the Democratic Congress in Bush's last 2 years, who's goal was to be the original 'Party of No' to all of Bush's attempts to control reckless sub-prime lending - FOR ALL 8 YEARS UNDER BUSH.
In this video ( http://video.msnbc.msn.com/martin-bashir/47740937), a guest says, "Congress is so dysfunctional driven by tribalism." The GOP 100% obstructionism demonstrated with the opposition of EVERYTHING that might make Obama look good regardless of what it denies our economy or jobs, which is necessary for the working people. Pierce Bronson mentioned on his interview program tonight that he wants to abolish all American Political Parties. I’m 150% for that concept. I’m thoroughly disgusted with the obstruction and manipulative false arguments rather than sitting down to REAL WORK for the good of all the people and not just for the majority of the greedy sucking 2% of do nothing elite; but steal (with all their tax exemptions at expense of the middle class, special benefits, paying little to no taxes as compared to a middle class worker, steal properties through corruptible practices on Wall Street/Bank Street, etc., etc., etc.) from the middle and poor citizens. The 99 or 98% are sick and tired of supporting all that has been given to the elite at their expense. As a result nothing gets done in Congress for the benefit of the majority of society. After all, it's not about us; but about their Party Policies. So "Thanks Republicans in Congress" for getting nothing done for the everyday workers and non-workers, who'd like to have a decent paying job!! We all owe Republicans ( and the dimwits, who believe everything that they hear while acting as parrots) our deep gratitude of their hard work while they are so busy blaming Obama for their own behavior and failures. It's also, obvious the same dysfunctional tribalism appears in some of the above discussions.
Pamela, you obviously haven't studied history. FDR's policies pulled capital from the economy, prolonging the Great Depression. It didn't end until we entered WWII. Bigger stimulous just steals capital from productive people and gives it to those who are on the govt dole. Even worse, borrowed stimulous just turns our kids and grandkids into serfs. Obama has spent $1.3 Trillion borrowed dollars each year he's been president. For you liberals it's always, "we just haven't squandered enough yet"...
You love to just pick your facts, don't you? When Obama took office, the economy was headed south in a big way! Just look at the last 3 months of the Bush presidency:
...the numbers for Bush's last three months. Between October and November, 597,000 jobs were lost; between November and December, 681,000 were lost; and between December and January, 741,000 were lost.
And it didn't stop there, did it? Republican mismanagement of the economy would drive unemployment to 10% before it was finished! And no matter how much Republicans try to hang all that on Obama, the American voters know who was to blame.
Your numbers do not reflect the huge losses in jobs that were the hangover from the previous administration because the economy was tanking when Obama took office. So let's look at the overall picture, shall we:
April 2012 marks the 26th straight month of gains in private-sector employment, for a total of 4.2 million private-sector jobs.
Now the sad point is that, as you pointed out, we still have another 1.4 million jobs to go before we even get to the point the economy was at when Bush left office. No president ever, in the history of the United States, was worse than George W. Bush.
I can only hope that American voters find the proper way to thank the Republican party for nominating George W. Bush this Fall.
When Mr. Romney has a tandem rough car shed and sweats over getting bills paid, then he can accuse someone else of being "out of touch". Last time I checked I have one house of 1200 square feet, a tandem 2-car rough car shed (not even a garage, much less one with a car elevator), no cadillacs but two old vehicles, the newest of which is 14 years old. Makes me want to throw up to hear him talk about anyone being "out of touch".
littleoldlady3 - I agree with you. It is highly inappropriate for Mr. Romney to accuse any other person of "being out of touch." A comment like that from Mr. Romney is like the pot calling the kettle black.
Mr. Romney has NEVER had to worry about money, thanks to his daddy. Mr. Romney has NEVER had to sweat the house rent or mortgage payment. Mr. Romney has led a privileged life, a very wealthy one at that.
The Republican Party is making a terrible mistake by getting all wrapped up with Mr. Romney.
Obama out of touch? This coming from a guy who, campaigning in Iowa, asked his staff to take one of those "chocolate covered pastries" to the bus for him. The chocolate covered pastry? It was a doughnut. Out of touch, indeed. He makes George HW Bush look like he was part of the in crowd.
Just yesterday, Romney accused the President of moral failure to help Americans help themselves. What's Romney's solution? "Atta Boy!" and a pat on the back?
Ursula
Simple and short,
create real jobs, the four letter word that VP Biden thinks is three. Romney's record at Bain for successful companies turned around was 80%. I would even take 50% from him than a promise of the shovel ready, that was not so ready.
On another note, I do feel sorry for the President on the Gaf about Michelle's push ups. You can tell he was embarrassed.
Concern Citizen, if Romney had an 80% success rate, does that mean 20% of Americans can count on being unemployed under his leadership? As soon as people become corporations, Romney will know how to deal with their problems but there's no equating his Bain experience to anything America needs!
Ursula, What do you think the % is now, Please do the math. It is a hell of allot better than wha we have. I can't belive the logic that you just used.
Concern, you truly do not think that the Govt. can run like a business do you? Businesses run on Revenue to make a profit. Yet you hear all of the Repubs state that we dont need revenue in the Govt. We just need spending cuts. You RWNJs continue to tell me that the Govt. does not create jobs but you want Obama to create jobs. If Obama is so wrong what would it hurt to pass his jobs bill. If it fails then he fails, but to not even give it a chance means that congress has failed.
Concerned Citizen don't seem to understand that Bain Capital's mission was not to create jobs but to increase profits for its investors. That 80% success rate didnt mean that they necessarily created more jobs at all of those companies that may have also been outsourcing jobs to Asia, increased automation or etc. to improve profits and operational efficiencies. This is what peoplel have been trying to explain to folks that Romney's experience at Bain does not equate to job creation and does not necessarily provide the skill set require to be president. Heck if I want a president whose answer may also be to outsource more jobs to Asia or improve automation or downsize US industries to improve US productivity. The best record to look at is Romney's job creation record while Governor whose job is to increase revenue and attract jobs for his state. Note that Romney was Governor after he left Bain and his job creation record was dismay.
From the article:
If Romney thinks that the private sector is not doing well, then he should explain how it is that the Big Banks repaid the 25 billion dollar bail-out package back to the U.S. government. He should explain why CEO salaries and corporate profits are souring. If Romney is truly concerned about the U.S. economy, has he had a "serious" dialogue with the corporate kings who irresponsibly are continuing to ship abroad American jobs.
Are not the above ilk, his pals?
Other than granting more government largesse in the form of huge tax cuts for corporations and the wealthy, Romney does not have a viable nor a progressive economic plan for this country. This candidate does not have a plan to move America forward.
"Out of touch?"
Any political candidate that states that his lost of "a couple of million dollars" in a business deal "was not that much money," is far removed from the average citizen.
Vote a straight Democratic ticket.
Obama/Biden 2012!
Romney has never been "intouch"
It's time for this RePub A TeaCon Congress to work with this President, not against him. This is the worse Congress this Nation has ever had !!!!!!!!!!!
That's just what I thought when I read it too. How ironic it is for him to say that.
Second worst...the worst was elected in 2006! This is just left over from that debacle...
Mark L-464288 -- Uhem, the worse Congress ever is based on a poll, not one poster's opinion. Check out the Rolling Stone's "Ten Worst Members of the Worst Congress Ever." Nine out of ten are Republicans.
Concerned
This 80% or 79% number keeps popping up. Been asking but no luck in getting the source of the numbers. How about you supplying the list of investments so we can confirm the source?
Concerned
Looks like you join the heaps of posters that gleefully post statistics that have no provenance. If you don't have a credible source for a statistic, don't repeat it.
Repeat a lie enough times and it takes on credibility. If you have to rely on lies to make your point, you don't have a point.
Hey 25walker, last time I checked all that stuff happened under obama, not romney. He is the POTUS and not romney. What has the president done for us lately. oh I know leak american secrets that put americans at risk. I am not talking about CIA operatives, I am talking about average americans who live and work abroad. How do you say, by constructing a very anti-american climate, What a tool. Fiscal responsibility and executive decisions without fanfare is what we need from our government. Laws that are enforcable and reasonable.
James,
Thank you for reaffirming that under Obama, the U.S. economy has improved.
Let us speak frankly.
The U.S. did not experience an economic recession. We experienced an economic Depression. If the word "Depression" had been used, many citizens would have panicked. They would have withdrawn their money out of banks, the open market, credit unions, etc. People would have revisited the practice of hiding money under their mattresses. The economy will grow, only when dollars are in circulation. The term Depression would have removed dollars from the U.S. economy, and this would have caused a further retraction of our GDP.
- Contained another highly-placed Al Qaeda operative.
- Held Wells Fargo Bank accountable for its predatory lending practices...to the tune of 425 million dollars.
Based on the country that a citizen works and lives in, appropriate security alerts are issued.
Hopefully, you are not urging that Obama should seek to increase the employment of our citizens, abroad.
The GOP collapsed our economy.
The above fact is one of the best reasons to reelect Obama in 2012.
Obama/Biden 2012
Is that so? Let's just look at the record... from 2000 until 2006, we had a Republican in the WH and clear Republican majorities in both houses of Congress. During that time, public debt rose from $5.7T to $9T. GDP growth shrank from 4% per year when Clinton left office to 1.9% in 2006. Why in the hell do you think Democrats took over both houses in 2006? Hint: it wasn't because of the sterling job that Republicans had done over the previous 6 years!
Naw, the only leftovers we have are the effects of a runaway Republican nightmare that we will be recovering from for a long time. Unless, of course, the American people are stupid enough to elect Romney this Fall. Then we can start a whole new cycle of economic failure as Romney continues the failed Republican policies of George W. Bush.
But willard and son Tagg are doing just fine with their latest ponzi scheme..and the MSM and NBC are hiding it for them!
THIS IS DISCONNECTED:
http://www.politicolnews.com/romney-son-investigated-for-8-billion-ponzi-scheme/
EEngineer " Let's just look at the record... from 2000 until 2006, we had a Republican in the WH and clear Republican majorities in both houses of Congress. During that time, public debt rose from $5.7T to $9T. GDP growth shrank from 4% per year when Clinton left office to 1.9% in 2006"
Let's look at the REAL record;
Congress was split in 2001 & 2002, so the Republicans had control for 4 years under Bush (2003-2006), and what was the record for Republican control;
The economy grew by 25.4% in those 4 years = 6.35% per year.
The Deficits were $1.357 Trillion = $339 Billion per year.
Now let's look at Obama's record for the two years he had a Democratic Congress;
The economy grew by 0.8 in those 2 years = 0.4% per year.
The Deficits were $2.706 Trillion = $1.353 Trillion per year.
Wall Street had it's best day in a year recently, on news of a potential government stimulus. Go figure. Everything Mitt Romney says is based on ideology, and not on real world results. President Obama's leadership kept us from sinking into another Depression, as he went against those who called for letting states lay off teachers, cops and letting Detroit go bankrupt.
Oh, so that's why, eh Amy?
So in light of that, you invested, right?
Sure it wasn't because of Wisc.?
So that's it then, right Amy - MORE stimulus. But Amy dear, O said unemployment would be 6% by now, what happened?
And why not just hire every single unemployed person?
But amy member of the make believe society, OMG we've been hacked. According to you, big red and the other members of the whiney moose club it would be a disaster for the market if Scott Walker kept his seat in WI. Well I guess what happened proves you and the other club members are wrong the win in WI by Scott gave us a bullish market. By the way when you had to retire Old Disabled Handicapped Retired Former Navy, what character took his place in your little soap opera?
Oh good god Scott Walker saved the day on wall street really, this is what you and Spanky want to hang your hat on. Walker is a putz and had nothing to do with wall street, The Fed made noise they might do more for the economy and the market went up. Then they stated they would do nothing right now and the market went down and Walker had what to do with this. That idiot is lucky to tie his own shoes. And If you think he really balanced the budget with a 3.5 billion dollar deficit in one year you believe in magic. Even his own senate says he lied about that, he borrowed the money, anyone knows you do not balance a budget with a loan. Oh and don't forget that it looks like Europe is working out their money issues but of course Walker is the reason for that too right.
You really thought that Wall Street reacted to one single item? I mean REALLY? I guess it shows how little you know about the way the market works...Now ponder this one...what will the market do on the new that Obama has lost his re-election bid?
NO AMY. it went up because it shows people have the sense to stop the reckless spending. it started on tuesday.
when the communists took over france, it dropped.
gop is great for business and fiscal responsibility.
lets start hidin the welfare checks in the workboots, shall we!?
People .... seriously? WI drives the economy now and we should look to them for guidance on what will happen in the country? I'm sure the only thing Wall Street workers are worried about in Wisconsin is how the Packers will do this year.
I'm in the mortgage business and we are extremely busy and hiring new people every day. Sorry if this flies in the face of reality for some of you folks but it's true in my area.
I agree! The sauce that Mitt wants to put on our goose and gander is a full blown deep depression. All of his actions are pointing to that. The private sector is doing fine. Coporations are sitting on trillions of dollars, that they re not spending, because consumeer demand is low. Even Mitt Romney said that much this year, the rich are doing fine. When consumer demand slows responsible government spending should pick up te slack.
During the Bush years consumer spending was high and so was government spending. Alan Greenspan tried to reign things in by warning of the irrational exhuberance Things did not cool down then came the big crash. Putting people to work work aways pay tax divideds for gvernment.
it was the "insider" information on the Spain bailout that started this most recent "bullish" market.
Scot Walker crap had nothing to do with it at all !!!!!!!!
This RePub A TeaCon Congress has failed this Country !!!!!!!!!!!
BobJones, so Scott Walker and the republicans saved the day on wall street by what? Coming up with a jobs plan? Coming up with a balanced budget? Agreeing to cooperate for the good of the country? No, apparently a Republican having his job saved is the republicans' plan for wall street. I can't believe nobody thought of that in March of 2009 when it hit rock bottom.
There might be a way to encourage corporations to spend more of their excess capital into the economy. Essentially, we would tax companies holding on to cash instead of spending it on things like R&D and other things via a sort of wealth tax. Any corporation holding on to a fixed amount of cash for a certain period of time would be taxed, encouraging companies to spend their money on hiring people and investing more in their businesses. And your last sentence underlines a basic economic principle: when the private sector decreases spending, the government should usually go in to pick up the slack, either by injecting money into the economy via infrastructure projects or utilizing monetary policy to increase the money supply and lower interest rates to make loans cheaper.
OBAMA BIDEN 2012
The problem I see with that, Freshieee, is the corporation will find a way around it. They can hide the money so it doesn't appear to be on hand. As far as encouraging them to hire, that was part of Obama's jobs plan. We know how that turned out. I don't think there's any sense in coming up with any ideas now anyway as nothing will get past Congress before the election.
Hahahahahaha... oh, wait, you are serious!
business - yeah, I am sure that American businesses just loved the way Bush, aided by Republican majorities in both houses, tanked the American economy. His push for minority home ownership, especially if they couldn't afford a home in the first place, brought on the mortgage crisis.
fiscal responsibility - George W. Bush started with the national debt at $5.6T. It took 200 years for the US to build up $5.6T in debt. It only took George W. Bush 8 years to more than double that!
I am not calling you a liar... history does that very well!
I voted for Obama, although I preferred Hillary. Didn't trust her, but I knew we needed someone who knew to bring a gun to a knife fight. That said, Obama is starting to sound like Gore in 2000 - just going through the motions and repeating the same predictable lines. As much as I agree that the economy and UE look worse because of all the states' cuts, I also know that here in the Midwest, in Wisc., Illinois, Indiana and Michigan, no one cares about government workers. No one wants any more of them. They don't care that their are fewer teachers, police or fire - they don't have kids, they've got a gun under the bed, and their house isn't on fire. Obama needs to say that people need to work (mirror Romney's moral argument) and there are things that America needs to get done. What is needed is a public-private partnership to rebuild America. He may just have to waive prevailing wage rules as a trade off.
This from Mr. Out of Touch himself. Romney who is so removed from reality he won't eat cookies not homemade talks about anyone being out of touch.
Mitt, go home and ride the car elevator - you'll feel so "in touch" there!
haha ss. i will go back to 4 percent unemployment and 300 BILLION dollar deficits any day!.
obumbles showed his true colors today. he is completely clueless.....
and how can people talk about how smart, genius even, this guy is, WITH NO EVIDENCE OF IT OBVIOUSLY!
jeez, its like he has his penis in every a ss of a liberal!
NO THANKS!!!! LOL!
You mean you'd go back to 4-percent unemployment and a 300-billion surplus, right?
Let me just remind you that if that's what you want, you want Bill Clinton. And I suppose you also long for the times when Republicans in Congress were actually willing to work with the Democratic president and didn't explicitly declare that their goal was to get the president to fail at his job.
Those were the good times, indeed.
So right of right, spanky, concerned, and you other out of touch RWNJ's:
Now tell me....
which is TRULY out of touch with middle class America?????? HMMMMMM?
You guys spew your venomous, un-true babble and attempt to create "issues" and nontroversies that do not exist with your Tea-RNC twist and spin and talking points of the day. Your anti-American/anti American President blather and unintelligible foolish yaking is not only trite, tired and old, but also VERY UNPATRIOTIC and seditious.
You are harmful to my country and should cease your idiocy and get behind America.
Cease imulating Cantor, Boehner, and McConnell and start SUPPORTING THE UNITED STATES OF AMERICA for a refreshing change.
And lets add Willard Romney to this group after his above-described attack.
Romney's like a CD set on repeat. We get it! You don't like Obama.
I guess when you don't have a good record as a Governor to talk about or the fact you worked for a company killing business you just keep repeating the same things over and over.
I keep waiting to hear Romney actually tell the American public how he's going to achieve all the bold statements he's made.
How is he going to get gas prices down to $2.50 gallon? He said he will.
How is he going to magically create millions of jobs? He hasn't told us yet.
How is he going to eliminate the massive deficit started under Bush? He hasn't told us yet.
The only thing he has mapped out is that he want to cut taxes 20% across the board. Ok, so his solution to reduce the deficit is to eliminate 20% of what the government takes in.
Apparently he doesn't realize Bush did that, although they weren't nearly that deep, and look what happened; the beginning of a massive US deficit. He really seems clueless.
Yeah, about that record.
4.9% unemployment.
Yep, that sure sucks.
Not 8.2% suck, but I hear you on the record thing-y.
Say how'd the tax increases go in Cali and Illinois? Cali did it in '07, and Ill just last year.
Yep - that really seemed to fix everything.
If Republicans think they are going to win the Presidency just by whining, "life is soooo hard!" they must think only 12 year olds vote.
Most of us adults have lived through wars, recessions, out-sourcing epidemics, terrorist attacks, environmental catastrophes, sex scandals, and corruption investigations. I wouldn't trade President Obama's America for any other point in time. His administration has been stellar, and, my God, the man is smart and works hard.
Spanky - the unemployment record when Mitt took over was low already. He added very few jobs and was 47th in job creation - too bad you left that out.
The GOP has blocked everything our President has tried to do but you find no fault in them, right? You are a hypocrite and the worst kind of American. Go back to your lies and stupidity. We expect no more from you.
Funny, Romney didn't even bother to run for re-election in MA. Knew he couldn't win and was bored anyway. He's a loser in every sense of the word but mostly as a man.
Obama/Biden 2012
GREAT POINT SANITY.
So riddle me this - how do you libbies reconcile the absurdly low unemployment rate while he was in office with the job creation numbers?
He already had full employment.
Neat, right?
Blocked everything? Did they block Obamacare? the Stimulus? Nope - O focused on health insurance while the economy was crashing. He had his chance, he ignored it.
Like with everything - Instead of charging in to fight, he charges away to fundraisers.
Amy - of course he is, we get it, you loves you some O. Now off with you, the coals need more heat.
Spanky, according to facts, "Job growth increased at a 1.3 percent rate during Romney's term, ranking Massachusetts 47th out of 50 states"
Riddle me that!
Tried to block healthcare. Blocked everything he tried to do to stimulate job growth - even though some of those programs were ones the GOP wanted before Obama put them forward. The GOP is a group of nothings - too bad you relate so well to them.
48th if you count DC. Romney's calculations don't include the first year of his tenure, so what happens to Obama's if you do that.
http://www.politifact.com/truth-o-meter/article/2012/jun/05/battle-over-job-growth-massachusetts/
Hence, most Governors in the US, at that time, created more jobs than Romney did.
Spanky what was the population in his state vs the population of the US, any change that number can effect a percentage rate. Example how many jobs do you need to have with a populations of say 1 million to have an unemployment rate of 4%. How many jobs do you need with a populations of 311million to have an unemployment rate of 4%. Now I know why you are bad at business.
insane so you want to use the Republicans has blocked everything our loser has tried to do, really. Until Nov. 2010 he had a democrap majority in Congress and didn't accomplish anything but sticking healthcare down the throat of the citizens that didn't want it and a failed stimulus. But I thank you for reminding everyone that it was the fault of the democrapy Congress during "W's" years including the tow wars remember they the democrap Congress approved. Maybe I do agree with you after all insane it is always the fault of the party who has controll of least 2/3's of Congress and the President. There does that make you fill feel better you've got it all just like you wanted.
I keep seeing the righties bantering on about 4.9 unemployment rates. If you're refering to Mitten's record as governor, the rates in Mass during 2005 were (4.9%) and 2006 were (4.8%). However, in both those years, the rate nationally was 4.6%. That's a -.3(2005) and a -.2(2006). These records, to me, aren't impressive at all.
So trying to spin 4.9 as some sort of achievement borders on ridiculous......
Obama/Biden 2012
Bob stop with that stupid overused piece of @!$%# information about the dems having a majority, The Republicans used the filibuster to record levels during that time to stop the dems, so go peed on a tree.
Amy, let me point out the fact that when your state unemployment is at 4.6% you don't need to create jobs...you already have a healthy job market regardless of the metric used. If you have zero unemployment would you liberals be critical and say you didn't generate any jobs in his state?
Tis - Bob doesn't have the brain of a toad. We all know the President had a filibuster proof majority for a scant 7 months. Even then Ted Kennedy was out much of the time and there were recesses. Plus, President Obama made the huge mistake of actually trying to work with the GOP! Big mistake but he didn't know they had taken an oath to defeat everything he wanted to do - to h**l with the country.
See Bob can't stand the truth because it makes the GOP look like the treasonous as*es they are!
Obama/Biden 2012 so the country will survive.
Tis the Season - The country should be glad that the Republicans used the filibuster at record levels. Can you imagine how much worse we might have been if Obama had gotten his way. Let's face it Obama is not a leader, has no leadership ability and has an over sized ego. Remember Clinton and Reagan both worked with Congress when the opposite party had control of the Congress. It's called LEADERSHIP AND COMPROMISE, something Obama knows nothing about.
VOTE ROMNEY IN NOV 2012.
sfcret,
You talking about the Gingrich Congress that shut the government down. And when that did not work, he lead the impeachment attempt against Clinton!!!!
You are the only person that I have ever heard on this board who likes the filibuster.LOL
Are you sure that's the reason why there are uninsured people? Because they don't want it? How would anyone want to risk getting cancer and having to pay millions for it? Is it a pride thing?
Yeah, Bush tax cuts for millionaires would have expired. Talk about an apocalyptic scenario! Reduced deficits and the will of 75% of Americans being actually reflected on the law.
It's a two-way street, my friend. Clinton and Reagan both worked with Congress because Congress worked with them. Mitch McConnell explicitly said it was his goal to make the president fail. Is that the Congress you want to work with? Obama has given the Republican Congress plenty (extended tax cuts for the rich, every single concession they wanted in the summer-of-2011 budget crisis, among others), what has the Republican Congress given Obama? A "no, I don't think he was born in Kenya, but folks have the right to believe it" from Boehner?
Well, it looks like the inflammatory remarks from the lefties continue !
Candidate Romney - as you claim, Obama is massively out of touch with the private sector. Proof of your Obama-failure claims are corporate profits that have crushed all earning-records in human history, CEO pay that has broken all historical records, and a failed stock market that has rebounded from 8K to to over 12k points. Further proof of his astronomical failures is the dropping unemployment rate, which is well below the record set by Reagan in 1983 of 10.5%. Given Obama's massive record of economic failures, we would like to see both your plans to improve upon Obama's record and your projected estimates of measurement.
I guess corporations sitting on $2 trillion of unspent cash is not "fine" in Mitt Romney's world. How much is enough? When does profit stop and patriotism (and I might say self preservation for businesses) begin. What a crock!
Spanky: If you could, enlighten me on how Mr. Romney plans on repairing our problems. If only he would present his plans and stop the rhetoric, even I might listen................if for only a few seconds.
"Commonsense reforms." That's Romney's answer to every problem. "We'll replace Obama's blah blah with commonsense reform."
What does he mean by that? Go figure.
AndresTm, I hear what you are saying, but romney does not have any "commonsense" so how can he give what he dos not have???
Romney and gopers should tell us what the DOW is doing so high if business are in decline and the CEO's pay out of the stratosphere. Did they not say that because of technology business have learned to do with little in human job requirements yet with same or high productivity. In earlier times they would have needed more manpower.
The only thing Mitt has that is cheap is his talk.
If the private sector is not doing well why isn't that "fact" reflected in the numbers?
If lower taxes for the wealthiest creates jobs then why have we seen the worst job losses in the Bush years after the tax cut?
If austerity programs work so well why have those countries that have enacted austerity programs sunk deeper into recession and those that have invested in their infrastructure have not? (
If the USA is in steep decline why are China and others willing to purchase T-Bills that have a yield that will be less than the projected inflation rate (Spanky, this means it actually costs more to "lend" than they will be repaid)?
Why is China willing to invest in America but Romney isn't?
Has it not occured to Romney and the rest of his new found friends that China and other non-Americans have more faith in America than they do?
Love that line:
Ursula-279622
Could it be because China wants to own us.
Concerned Citizen...... It could be but it isn't. China is willing to invest in America because they understand that their investment could be used in lieu of the tax revenue Americans like Romney do not think should be collected. They are willing to make that investment because they see us as a stable trading partner but trade requires consumers with money in their pockets.
Those in support of Romney reject any increase in tax revenue or T-bill sales. They refuse to invest in America. China is willing to invest, not buy, invest. At Dunn and Bradstreet they say that "Credit is man's confidence in man". Looks like China has confidence in the US. Looks like Romney and his crew don't.
CC China has less than 12% of our loans, going to take a lot more money to own the US deary.
Tis,
Not only does China only hold just 12% but our unions hold more of our National Debt than any foreign country.
Dennis, where did the union get the money to buy the national debt...they are non revenue producing in and of itself...it does not produce a darn thing to sell in the market place. So where do they get the money?
Campdog, Do you think China invests in any other country other then the US? Mmmm...I wonder why that is? Could it be the same view point that Romney has, that diversity is good for those who are investing? I'll bet you don't even know your 401k is invested more heavily in foreign issues then it is in the US government. You know that local bank that you keep your money in, well, I will guarantee they invest in the Eurozone in greater increments than they invest in US bonds...why is that?
China invests in the us? It has to. China wants to own us? Not hardly. China is dependent upon the US? Yes. US is dependent on China. No, but the investment industry reaps too much to ever want to give it up. The business of China is exports, of which about 70 % disperses in the US. Of this about 85% is American Corporations building in China then sending the products here for sale. Does this double dip doping interest anyone? Does any of this give pause to the considerations of that awful debt the republicans are always claiming we owe China? Does any of this perk the interest of objective economists and /or mathematicians? So long as we the people wallow in the bullsh^t of republican capitalism we will be treated by them as just another of the pile.
@TJM07 #12.6: Unions are orgainizations of producing people. Dennis is right. Producing people save, buy and consume. It is really pathetic to see people like yourself explaining the US finanicial and monetary system. Fact. About 88% of US debt is owed to itself.
Corporate assets are 16.4 trillion dollars and increasing. Total national assets are almost 84 trillion and increasing. Average personal assets are about 250,000 which is 1 millionth of the romney's. Small business assets are15.7 trillion and decreasing, so this is of concern as that is usually an area of job creation.
Butttttt.....buuttttt....buutttt The Current President stated just a little while ago The Private Sector Is Doing Fine.
...IN COMPARISON TO THE PUBLIC SECTOR!
Lets get it all in there rancho, and NOT attempt to make it sound like something it isn't, okay?
Sorry, that's not the Republican way.
Mitt is nothing but an empty suit with no plans - the usual for Romney!
Damn, Mitt and Barrack have more in common than I ever thought! Hope & Change in 2012 --- hope we change to Mitt.
Why on earth would you hope a Norquist pledger gets elected President NC?
That is assinine -
unless YOU are one of those wealthy one percenters...
Are you a 1%er NC? If not, you'd better change affiliation and back President Obama for President!!
Did anyone listen to President Obama this morning? What did he offer us? The private sector is doing fine, and the states once again needs our help.
I live in California, and our Governor and crew are once again asking us for more tax increases. In 2009 we had tax increases across the board, plus the stimulus and more unemployment benefits, what did it produce, nada . Now in 2012 California’s budget deficit is $17 billion. We also own the federal government $14 billion, and public schools $10 billion.
Now we are talking about QE3? More borrowed money, and our Governor is still pushing for the Bullet Train, costing us billions.
Same as he always offers.
This from Willard "In touch, Man of the people" Romey? Who cares what he thinks.
There is no question that President Obama has no clue, and it totally out of touch. I applaud Romney for calling him out.
tsmalletz - and what, exactly are Mitts plans? Gotcha there since he doesn't have a damned one! Talk about out of touch with reality and the American people and you're talking about Mitt!
tsmalletz, careful your clap may be premature elation
@SeekingSanity #17.1, "Gotcha there .... " ? My, my, my did you forget your meds today ??
Let's see you posted one rant after another, attacking other posters in a most personal and inflammatory way in your posts at #1.15, #1.18, #2.13, #7.3, #7.5 and #17.1. Do you ever run out of venom ?
Obama wants to GROW GOVERNMENT .... is there really any surprise to that ? Only government jobs feed like a cancer off of taxes generated from private industries and individuals .... feeding like a cancer on steroids.
Obama's plan is to raise taxes, more government mandates and regulations through Obamacare and he claims that the public sector is doing "fine" ? Obama is, indeed, out of touch with reality and I doubt he would understand a balance sheet or an income statement of ANY of the small to medium-sized businesses all across this country.
Obama simply wants to tax and spend with no accountability passing out "favors" to his union buddies and anyone else who would vote for him.
jim - Even Bill Clinton sees how inept Obama is, and so do a lot of other Democrats. He really has no clue as to what makes the American economy click.
Insane whats bammy's plans unemployment kept below 8% again, another 800 billion wasted on a failed stimulus. Hows that for not executing on a plan and then asking for four more years. Bammy get your failed ass back to chitown and forget about the guvmet paid pimp organization we shut that MF down. Insane don't worry about my employment history. A veteran of 9 1/2 years and 42 straight years of working since I was 16 years old. A company paid Voluntary Investment Plan the company matches up to 8% healthcare till I'm 65 company paid, never worked for union never will. But I don't know why I'm telling you this you don't understand it because you don't work. I never voted for anyone running from the democrap welfare party. fiesty come off with an invitation to the DDI for insane he wants to see you dance. I can tell he likes you he trys to take up for you, but he can't, one loser can't take up for another loser.
Jim - only post to you today since you are just stupid. I see you call me out but none of your far right buddies? Well, isn't that interesting?
Obama is ten times the man and President that Mitt could ever hope to be. He doesn't give a damn about this country - just wants to do better than his Dad. The fact that you and the other buffoons on this site want to vote for him says you don't know what you are doing. You can't name a single plan Mitt has for the country because he doesn't have one.
Now, why don't you go back and count the times the little mental midgets on the far right have called people names and spewed venom - then get back to me. On second thought, don't get back to me. You're beginning to be more than just a little creepy - following me. You and your "alter ego" Kirk are strange dudes!
I'll second that!
Little Jimmy's obsession with you used to be kinda cute - now it's just plain unnerving!
The fact he takes the time to count & compile your comments is disturbing... most normal people have a life!
jim IS RIGHT TO POINT OUT THE VENOM OF THE SMUG arrogant hokum spewed without recourse by you libs. all your comments are posted in order, its not that hard.
serves you right to have your nose rubbed in it, despite your obvious attempt to ban all conservatives.
rightisright-5861504 - ohhhh, now do you feel better? I see, like little Jimmy, you don't have a problem with the far right venom - nope you just lap it up! But, that's what hypocrites like you do. It's "do as I say, not as I do," with you guys.
You don't have the spine or intelligence to make a post that isn't venomous but you don't want it in return.
Grow up little rightie (and, you're not even CLOSE to correct). You don't want the truth and can't stand that you know nothing and your running a lowlife for President!
Obama/Biden 2012 - because the GOP has NOTHING!!!!
spine or intelligence ss? lol! too funny!
i am obviously right, and all the posts are self evident.
dont be so angry. like wisconsin, itll be over for obama before you know it, thank god.
why dont you do a little reading about who obamas friends were and are, i mean, if youre gonna support him you may want to know.
and unlike you, i dont support all the comments that are anti lib. I unlike you, think for myself.
sorry, couldn't resist editingit , Tis the Season, (snicker, snicker).
President Obama knows how to create jobs and he has created millions with the Recovery Act (stimulus) that went to every state. Then there was has decision to save to American car industry against the will of the GOP. Everything has been against the will of the most rabidly anti-American evil republican politicians who are not going to lift one finger to help middle class Americans or the working poor. It was Democrats who stepped up to make sure the country did not go into a depression. It will be in depression and great harm will be done with the Ryan Plan that cuts basic services and benefits but has that big tax cut for the wealthy that the GOP value above all else.
Jim -
you should enroll in some basic economics class and learn what you attempt to talk about...
Cheney is the one who insisted that the deficit doesn't matter, remember?
The federal deficit is a problem when long-term interest rates are high, and not much of a problem when long-term interest rates are low. The Federal Reserve dictates short-term interest rates, but long-term rates still are, pretty much, set by the market, in its usual ruthless fashion. (Which is why James Carville said that after he dies, he "want[s] to come back as the bond market. You can intimidate everybody.")
When long-term interest rates are high, a federal deficit competes against and "crowds out" private borrowing and investment. When long-term interest rates are low, the federal deficit is not taking away from borrowing by the private sector. On the contrary, the federal deficit is acting as a needed boost to aggregate demand in the economy, an action also known as "fiscal policy." When the economy is slack, every dollar of reduction in federal spending takes three or four dollars off of our gross national product.
So, by that test, where are we? Well, long-term U.S. interest rates are at their lowest in history. So what does that tell you about the deficit?
The President is not only CORRECT, but also very responsible and in tune with all the American people - unlike Romney who is unable to fathom anyone being unemployed, uninsured, homeless, or poor.
My best suggestion to you is to STOP parroting the TEA/RNC/FOX lies and spin and assinine explanations. Do some research, get some facts, and learn to think for yourself. Try to learn to look past the end of your nose - then teach it to Boehner, Cantor, McConnell, and company!
Hey tonybeeerm, that picture looks like Bachmann working hard for VP !!!!!!!
Tell it to the 9/11 first responders!
@ Not as stupid as yo uthink #17.13,
Rule #1 ..... Know who you are trying to discredit. Oh yassuh, yassuh mister "Not as stupid as you appear to be" ...... I needs to get me some edukashin so I bees jus as smart as you !"
Tell you what genius, let's back up a second. Maybe you should start by taking your self-appointed superiority complex and stuffing it "where the sun does not shine". After that, you long-winded, verbose rant has more holes than a slice of Swiss cheese.
You say "The federal deficit is a problem when long-term interest rates are high, and not so much of a problem when long-term interest rates are low". I say bull$hit !!Our country is currently spending about $.40 of every dollar or more on debt service alone .... with no reduction in the outstanding debt. Now maybe libtards such as you have a philosophy of making "minimum monthly payments" only, but that does not solve the problem ! In fact, it means we are sitting on a time bomb of debt that could explode if and when interest rates rise.
Then you come back with this unproven garbage about every dollar taken out of federal spending results in 3 or 4 dollars out of our gross national product. To that I say that every dollar you borrow, you must pay back that dollar, plus interest or eventually go bankrupt. Paying back that dollar PLUS INTEREST will take even more out of our economy in the future.
Yours is the assinine explanation, and Certified Public Accountants like myself understand that spending money you have to borrow doesn't really solve any problems in the long run.
The stock market is setting records and corporate profits are higher than ever before. Romney needs to get out more and smell the coffee. Morbid pessimism in the face of current news is not a great turn on. However, as usual, Romney lies.
Just imagine how great things would be if hundreds of billions of dollars given to republicans' "job creators" for the past eleven years, actually began to create jobs instead of deficits. It is a shame to prime the bucket instead of the pump, but that's how republican ideology goes - backwards. Trickle down will happen as soon as capitalism works in reverse.
It is sorta out of touch only because of the statement about the private sector.
Lets break the statement down though. If the private sector is doing fine, then tax revenues should be strong and goverment entities shouldnt be weak.
"The private sector is doing fine while state and local goverments are hurting."
Me thinks its because of the of the malayse that Wisconsin voters freed themselves from.
The US Goverment is the largest Unionized employer in the world. So are state and local govermernt entites.
I wonder of the 300+thousand dollars a minute Uncle Sugar spends what portion of it goes to union employed salaries.
There are no coincidences in life.
Ranco, we will all soon get the McDonald and burger king pay scale and hope the Chinese buy those GM, Ford, Chrysler cars and trucks that cost more than their yearly stipend. Remember the history of Ford motor company who was working their employees 7 days a week and little pay and the cars they produced remain in the garage unsold until Ford wizened up and work them less and more pay so they can afford the cars they built. Less kill the unions and pay every body the Chinese slave labor wage. As we are on it lets demand that the CEO's should be paid the equivalence of the Chinese and Indian CEO, so our economy will take off. You also know that the talk radio and cable guys who contribute nothing to the economy will have their million dollar paychecks reduced to their worth. It is good to point one finger but look where the other four are pointing just like looking in the mirror and seeing that you are the guy in front of it anyway. I am sorry for those that vote against their best interest just because Koch brothers tell them that good wage is bad for them
I'm not sure how Obama got the idea that government jobs are more important than the private sector workers who have to pay for them? Let's vote for a better leader in 2012.
That is your idea. Government jobs have been declining. by 600,000.
AF, Yes finally governments are getting the message. If we don't need them don't hire them. It's not just the Feds guilty of wasting tax payer money. Here in Ankeny, Iowa our local school board "renegotiated" our superintendent's contract that had 2 years remaining on it. They allowed a $176k "transition" bonus if he decided to quit at any time. Guess what? The next day he decided to quit and take a job as a superintendent at another school. Now we threw away $176k and got -0-....
Poor leadership isnt just in the White House. But it starts there....
UAWPleeeeze, your right lets fire all public employees, who needs police protection, firemen, rescue crews, city workers, hell who needs government at all it just cost us money. Its all work we can do for ourselves right UAW. Now just were did Obama say public jobs are MORE important than private or did he say just as important.
Labor Department statistics show that the federal government has grown by 143,000 under Obama.
Good. That adds 143,000 more people to stimulate demand and create private sector jobs. And the 600,000 lost refers mostly to state and local employees. You conservatives really need to understand that firing public workers will only reduce the number of private sector jobs created.
OBAMA BIDEN 2012
Romney has his nerve. There goes the pot calling the kettle black!! He can't even explain how he will create jobs, all the while keeping his money off-shore to avoid US taxes. Even if he gets into office, he already said he will cut education spending, which should never be touched. So, Romney, is all in this for himself and his croonies. Watch and see!!!!
cc bammy can explain and show you how he can kill jobs he has been successful at for almost 4 years. Yea don't cut the teachers union that have managed to kill education til this great country is way below most of Europe. Make the teachers union bigger our students still out score some African countries if we keep dumbing down teachers we can get below them too. If money could buy education strippers would be the fastest learners there are. The federal government has no business in education, kids in West Virginia don't have the same education needs as the kids in California.
Where was Romney when GWBush tanked the economy and 500,000 people lost jobs and the market exploded and the banking industry tanked? I could go on, but I think everyone is quite aware of it. Seriously, this talking head, Romney is in early alzheimers or something. He doesn't have a social filter and that is one of the first signs. Or maybe he lacks the ability to relate to people and is a borderline sociopath. And Bob Jones, your attempt at a logical analogy about strippers indicates your education was limited, but don't take your lack of one as the norm. This country was founded upon the philosophy that our government would provide for the greater good of all; including education. There is still time for you to learn how to write a proper sentence and form a logical thought.
The Government was formed to protect the individual from opressive govenments, and to give it's people religious freedoms and liberty to persue a better life. Governments role is also to protect us from other countries it's main role. secondary is to make foriegn treaties, and to regulate interstate commerice. That is it. Were does it say in the constitution that it is to provide for the greater good of all (including education)? Educations was to be a local inity managed by local county governments supported by property taxes and the sell of govenment land. Let local goverments do their job and teach. We are spending more, and more on education, but most test scores are going down, which shows that throwing money at education is not the answer.
GW was president when the depression hit, but he did not start it, you have to look at the Democratic Congress back in 06 that passed the bills forcing banks to make bad loans to people who could not afford them. The same thing happed back in 2000 when Hi tech went bust, because of incorrect values placed on tech companies. Bush lost those half million jobs during his presidency, but Obama has lost more then 2 million. (He claims 4 million new jobs, but you have to add the 6 million who lost jobs, and the millions more that have just dropped out of the job market, and quit looking. You would think that after almost 4 years Food Stamp numbers would be going down instead of up.
Since Mitt thinks "corporations are people, my friends" and corporations are sitting on 2+ trillion dollars in money and are having very high profits...then yes, the private sector is doing fine.
Can't have it both ways Mitt, you feel corporations are just like people and therefore need to be included in the "just fine" remark....and therefore accurate.
Are you comparing corporations that are publicly traded alone, or do you have deep, insightful knowledge into all the small to medium-sized PRIVATELY HELD businesses that do not share their financial information with the general public ?
You do realize, don't you, that the biggest segment of corporations in this country are dominated by the small to medium enterprises, paying their taxes and struggling to comply with the proliferation of ever-growing government mandates ??
So Dragon, your false premise about all these corporations just sitting around on piles of cash sits there right along with an Alice in Wonderland fairytale !
Jim, what data do you use to determine the size of a corporation, If you use government tax data it is by the number of owners which is not a true measure, number of employees would be a better gauge to determine size as well as type of business with regards to regulations.
One of the fundamental problems is that the small to medium sized corporations have no synergy along a national agenda. The USA needs a national agenda that promotes success in key industries and foster long-term US economic security. The loss of manufacturing and certain service industries is decaying because of coordinated Chinese, South American, and Indian efforts. The US infrastructure is also in decay, which supports business. Any fool that undervalues federal spending ought to look at the big picture and how key government spending, along with greater accountability, can expand the economy instead of transferring wealth to the top 2%.
Business likes stability. To hire or expand the company need to know what added costs the new hireing or expansion will have on their budget so that they can plan on it. Like the current conditions of uncertianty, companies sit on cash. No one knows what the future tax laws are going to be, will the Bush tax cuts continue past 01/13 or will they go away. Bills like Dodd/Frank changed banking forcing many small banks to close, and the larger ones much hire tax lawyers to try to figure out it's 1000+ pages of new regulations. This could take years. Then add Obama Care we passed it and after 2 years, still don't know all the potential changes. I find it funny that the Communist Countries like China have less regulations then the so called freest country. No wonder companies are leaving here. The Government is pushing them out. The Government should not promote one type of company over another, It doesn't work. remember Soylendra? What good did a half billion dollars do? Nothing. Except to waist the money. Let the market (consumer) decide which companies will be successful.
300Michael
I can see you need further education before you keep opening your mouth.
You said: "The Government should not promote one type of company over another, It doesn't work. remember Soylendra? What good did a half billion dollars do? Nothing. Except to waist the money. Let the market (consumer) decide which companies will be successful."
You don't even know that Soylendra was a Bush instigated program. You don't mention that it failed because previous administrations failed to promote solar energy, the result of that failure but all the solar energy chips in China's hands which is why Soylendra failed.
BTW: There is no free market, the market is rigged.
I see an awful lot of misinformation on these blogs. I suggest we quit listening to pundits, left and right and do our own truth checking.
BTW: Almost everything out of FOX is propoganda and not news or truthful. Some on the left are also not believable.
AffinityGW Posted:
That is your idea. Government jobs have been declining. by 600,000.
Rancho Replies:
wuppppppppeeeeeee, a whoppin 2% of the labor force.
Rancho, that number is correct since Government jobs include State and local Government jobs
I just heard Romney say that he wouldn't be a president of deception. Does he intend to stop trying to deceive us right after he wins the election, right after he's sworn in; when is the deception going to stop. This guy is a total, total, fraud.
Romney has lied so much and very big lies in the last couple months that MSNBC shows spend about half their time on identifying and detailing his consistent lies. Good job on that, and to be fair they should compare his lies to others that were the biggest in last few races, so we don't just say Mitt is the only lying repub candidate around. Also keep a scoreboard like in sports - Romney lies #.. to Obama lies #... so we can see who lies the most. Do you think the Mormon church is promoting this lying Mitt? That may hurt their door to door badgering of all Americans when they do their mission work...that all my Christian relatives hate more than atheist me!
Will they do the same thing for Obama, BBB? Although it would be easier to find the number of times Obama has told the truth to the American people...he is either the dumbest man to hold the office or the most deceitful man to hold the office, starting with the stimulus package and playing up to his comments on the private market today...
Yeah, like Romney's record of trashing U.S. companies and sending U.S. jobs abroad puts him so "in touch" with the average American!
Bain took Bankrupt companies and some they were able to turn around and some they couldn't. If they fixed up a company, and ended up selling it to a forign company, yes those jobs went overseas. But the Democratic congress send more jobs then Bain could ever do. I do not know what you guys are smoking, but you better stop while you still have a few brain cells left.
BigBear, MSNBC commentators lie in giving the stories. The distort the facts, and spin the stories, that even the reporters that got the story would not reconise. Fox at least has both sides give their comments to the story. MSNBC is so far out in left field that they passed the bleachers and the parking lot.
Big Bear - Willard is a pathological liar and totally amoral
He has sold his soul to become President
Soul of NOMINAL ROMINAl....available at discount prices.
HAVE CHEATS will prosper...the new streamlined america.
Now let me get this straight. Romney thinks a $300,000+ annual income "isn't much" money but President is the one that's out of touch???????
@ charlie-1915998 #25.7...
and let's not forget the $10000 bet he attempted to make during one of the gop debates not to mention the joke he made about being jobless when the unemployment figure was at 9%.
the republicans constantly use transference to pin labels on democrats that definitely apply to the gop.
when president obama endorsed gay marriage the repubs had the deranged audacity to refer to him as a flip-flopper. never mind that romney's flipping would put shaun johnson to shame.